Overview
What is The Rebuild Foundation Nfp?
The Rebuild Foundation NFP is a nonprofit organization situated in Chicago, Illinois, with a significant focus on community development. They showcase an artist-led platform that fosters art, cultural growth, and neighborhood transformation. Their mission is to revitalize the cultural foundations of underinvested neighborhoods, stimulating community regeneration through artistic initiatives. The organization's activities encompass programs in music, gardening, visual and creative arts, films, and writing. With a strong commitment to their core values, which include the significance of Black people, spaces, and objects, The Rebuild Foundation NFP employs a team of 19 dedicated individuals.
Official website here: www.rebuild-foundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star Rating
The Rebuild Foundation has received an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The charity's overall score is derived entirely from its exceptional performance in this area, indicating a high level of transparency and responsible financial management.
The organization boasts a fully independent board and excellent financial oversight, having achieved perfect scores in areas such as its audit and oversight committee, conflict of interest policy, and the absence of material diversion of assets. These strengths highlight the foundation's dedication to ethical practices and governance, contributing to its overall trustworthiness in the nonprofit sector.
Moreover, The Rebuild Foundation maintains a high program expense ratio of 72.95%, indicating that a significant portion of its resources is directed toward its mission. Coupled with a fundraising efficiency ratio of just $0.022, the organization demonstrates effective use of funds, ensuring that donations are maximized for programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Rebuild Foundation Nfp legitimate?
The Rebuild Foundation Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rebuild Foundation Nfp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,024,048
For more financial information, click here
Official website here: www.rebuild-foundation.org
What is the mission statement of The Rebuild Foundation Nfp?
The Rebuild Foundation NFP is an artist-led organization centered around art, cultural development, and neighborhood transformation. Their mission, guided by the values that Black people, spaces, and objects matter, is to rebuild the cultural foundations of underinvested neighborhoods and stimulate community revitalization through artistic initiatives. The foundation provides community programs in various artistic spheres such as music, gardening, visual and creative arts, films, and writing, to foster innovation, ambition, and entrepreneurship.
Official website here: www.rebuild-foundation.org
What is the revenue of The Rebuild Foundation Nfp?
The Rebuild Foundation Nfp's revenue in 2023 was $2,369,652.
Official website here: www.rebuild-foundation.org
Who are the executives of The Rebuild Foundation Nfp and what are their salaries?
The average compensation at The Rebuild Foundation Nfp during 2023 was $22,262. There are 46 employees and 10 volunteers at The Rebuild Foundation Nfp.
Here are 7 key members and their salaries:
- Compensation: $119,608
- Related: $0
- Other: $8,802
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rebuild-foundation.org
Where can I find the form 990 for The Rebuild Foundation Nfp?
The Rebuild Foundation Nfp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rebuild-foundation.org
Learn more at the official website: www.rebuild-foundation.org
Mission Statement of The Rebuild Foundation Nfp
The Rebuild Foundation Nfp is an artist-led organization with a mission to revitalize underinvested neighborhoods by leveraging innovative, ambitious, and entrepreneurial arts and cultural initiatives. Informed by the values that black people matter, black spaces matter, and black objects matter, the foundation seeks to demonstrate the impact of these initiatives on community transformation. Its ultimate goal is to rebuild the cultural foundations of neglected areas, fostering a sense of community revitalization. Through various community program initiatives, including music, gardening, visual and creative arts, films, and writing, The Rebuild Foundation Nfp strives to uplift and empower the local community.
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Impact
July, 2024
The Rebuild Foundation Nfp is an artist-led, neighborhood-based platform that aims to rebuild cultural foundations in underinvested neighborhoods and incite community revitalization through the arts. They demonstrate the impact of innovative, ambitious, and entrepreneurial arts and cultural initiatives informed by the values that Black people matter, Black spaces matter, and Black objects matter. Through community program initiatives in music, gardening, visual and creative arts, films, and writing, The Rebuild Foundation Nfp contributes to the enrichment and transformation of the Chicago community.
This information is meant to be a general summary of The Rebuild Foundation Nfp. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $75,958
- Program Service Revenue: $220,830
- Gross Receipts: $3,713,993
Assets and Liabilities:
- Total Assets: $13,985,700
- Total Liabilities: $950,712
- Net Assets: $13,034,988
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COOKING & HOSPITALITY
Revenue
$220,830
Organization Details
Founding Year
2014
Principal Officer
Theaster Gates
Website
www.rebuild-foundation.orgNTEE Category
Code: A20 - Arts
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