Overview
What is Arts Consortium Of Delaware Inc?
Arts Consortium of Delaware Inc is a nonprofit organization that manages The Delaware Arts Stabilization Fund, a perpetual endowment dedicated to supporting Delaware's prominent arts facilities. This fund generates a consistent income from returns, which is then disbursed to the consortium's associated members and other statewide organizations. The primary objective of Arts Consortium of Delaware Inc is to ensure the financial stability and growth of the arts sector in Delaware.
Is Arts Consortium Of Delaware Inc legitimate?
Arts Consortium Of Delaware Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arts Consortium Of Delaware Inc submitted a form 990EZ, 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.
What is the mission statement of Arts Consortium Of Delaware Inc?
The Arts Consortium of Delaware Inc. is responsible for managing The Delaware Arts Stabilization Fund, a perpetual endowment designed to sustain major arts facilities in the state. This fund produces a continuous income from earnings, which is then distributed to the consortium's members and other statewide organizations. In essence, the Arts Consortium of Delaware plays a crucial role in providing financial support to various artistic entities in Delaware, ensuring their long-term sustainability.
Who is the CEO of Arts Consortium Of Delaware Inc?
Holly Lissner is the President of Arts Consortium Of Delaware Inc.
What is the revenue of Arts Consortium Of Delaware Inc?
Arts Consortium Of Delaware Inc's revenue in 2023 was $20,170.
Who are the executives of Arts Consortium Of Delaware Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990EZ for Arts Consortium Of Delaware Inc?
Arts Consortium Of Delaware Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of Arts Consortium Of Delaware Inc
Arts Consortium of Delaware serves as the steward of The Delaware Arts Stabilization Fund, a perpetual endowment dedicated to sustaining major arts facilities in the state. This endowment generates a continuous income flow from its earnings, which is then distributed to the consortium's member organizations and other statewide entities. By overseeing this fund, Arts Consortium of Delaware plays a crucial role in providing financial stability to Delaware's arts scene, ensuring the ongoing operation and growth of its artistic institutions.
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Impact
October, 2024
Arts Consortium of Delaware Inc significantly enhances the cultural landscape of Delaware by managing The Delaware Arts Stabilization Fund, which serves as a vital financial resource for the state's major arts facilities. This permanent endowment not only provides a consistent stream of income through its earnings but also strengthens the sustainability of arts organizations across Delaware. By distributing these funds to its members and other statewide entities, the consortium plays a crucial role in supporting artistic innovation, community engagement, and access to diverse cultural experiences. The ongoing financial stability fostered by this fund enables various arts organizations to flourish, ultimately enriching the local community and preserving Delaware's artistic heritage.
This information is meant to be a general summary of Arts Consortium Of Delaware Inc. 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.
- Gross Receipts: $20,170
Assets and Liabilities:
- Total Assets: $29,046
- Total Liabilities: $0
- Net Assets: $29,046
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Organization Details
Phone
(302) 588-3266Principal Officer
Holly Lissner
Main Address
818 N MARKET STREET, WILMINGTON, DE, 19801
NTEE Category
Code: A120 - Arts
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