Overview
What is Mid Atlantic Arts Inc?
Mid Atlantic Arts Inc, based in Baltimore, Maryland, is a vibrant nonprofit organization dedicated to enriching communities by presenting, touring, and exhibiting artistic works both domestically and internationally. With a team of 17 employees, they invest in the creation and presentation of diverse artistic expressions and provide opportunities for greater understanding and appreciation of the arts within the Mid-Atlantic region and beyond. Their programs aim to build audiences for artists and offer high-quality, varied artistic experiences, fostering meaningful connections between people and the arts.
Official website here: www.midatlanticarts.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Mid Atlantic Arts Inc demonstrates a strong commitment to accountability and financial integrity, reflected in its impressive 96% score. The organization boasts a majority independent board composed of 17 members, ensuring that decision-making is unbiased and transparent. Key governance policies, including conflict of interest and whistleblower protections, are well-documented, contributing to a robust operational framework.
The financial health of Mid Atlantic Arts Inc is notable, with a program expense ratio of 85.29%, indicating that a significant portion of its funds is directed towards its core mission. The organization's liabilities to assets ratio stands at a healthy 28.84%, showcasing prudent financial management. Additionally, the absence of material diversion of assets underscores its commitment to ethical stewardship of resources.
Overall, Mid Atlantic Arts Inc is a well-managed nonprofit with strong governance practices and a focus on program delivery. While the available data highlights its strengths, specific program outcomes and community impact metrics could further enhance the understanding of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Mid Atlantic Arts Inc legitimate?
Mid Atlantic Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid Atlantic Arts Inc 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: $300,565
Professional Fundraising Fees: $0
Other Salaries and Wages: $696,895
For more financial information, click here
Official website here: www.midatlanticarts.org
What is the mission statement of Mid Atlantic Arts Inc?
Mid Atlantic Arts Inc fosters and finances the development and showcasing of diverse artistic expressions, bridging connections between people and meaningful arts experiences both locally and globally. Through their programs, they present, tour, and exhibit stable engagements for artists, offering communities high-quality and varied artistic experiences. These initiatives not only build audiences for artists but also foster greater understanding and appreciation of the arts.
Official website here: www.midatlanticarts.org
Who is the CEO of Mid Atlantic Arts Inc?
Theresa M Colvin is the Chair of Mid Atlantic Arts Inc.
Official website here: www.midatlanticarts.org
What is the revenue of Mid Atlantic Arts Inc?
Mid Atlantic Arts Inc's revenue in 2022 was $13,407,580.
Official website here: www.midatlanticarts.org
Who are the executives of Mid Atlantic Arts Inc and what are their salaries?
The average compensation at Mid Atlantic Arts Inc during 2022 was $58,674. There are 17 employees and 19 volunteers at Mid Atlantic Arts Inc.
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Official website here: www.midatlanticarts.org
Where can I find the form 990 for Mid Atlantic Arts Inc?
Mid Atlantic Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.midatlanticarts.org
Learn more at the official website: www.midatlanticarts.org
Mission Statement of Mid Atlantic Arts Inc
Mid Atlantic Arts, a notable nonprofit organization, is dedicated to fostering and financing the creation and presentation of diverse artistic expressions. By doing so, they bridge the gap between artists and audiences, offering meaningful arts experiences within their region and beyond.
Through their presenting, touring, and exhibiting programs, Mid Atlantic Arts curates stable touring engagements for artists, bringing high-quality and varied artistic experiences to communities. These programs aim to build audiences for artists and provide opportunities for greater understanding and appreciation of the arts, not only within the Mid-Atlantic region but also on an international scale.
Mid Atlantic Arts plays a pivotal role in nurturing artistic expression by presenting, touring, and exhibiting artists both locally and internationally. Their efforts enrich communities by offering them access to diverse artistic expressions and providing opportunities for deeper connections and insights. By connecting people to meaningful arts experiences, Mid Atlantic Arts contributes to a more vibrant and culturally enriched society.
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Impact
October, 2024
Mid Atlantic Arts Inc significantly enhances cultural enrichment and artistic accessibility in the Mid-Atlantic region and beyond. By nurturing and funding a wide array of artistic expressions, it fosters meaningful connections between communities and diverse art forms. The organization facilitates presenting, touring, and exhibiting opportunities that create stable engagements for artists, benefiting both creators and audiences alike.
Through its dedicated programs, Mid Atlantic Arts Inc ensures high-quality artistic experiences that encourage the understanding and appreciation of the arts. This not only builds supportive audiences for artists but also empowers communities by exposing them to varied cultural perspectives. By bridging the gap between artists and audiences, the organization plays a crucial role in fostering a vibrant arts ecosystem that celebrates creativity and diversity across the region and internationally.
This information is meant to be a general summary of Mid Atlantic Arts 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 2022.
- Investment Income: $37,471
- Gross Receipts: $13,471,294
Assets and Liabilities:
- Total Assets: $13,619,874
- Total Liabilities: $3,513,722
- Net Assets: $10,106,152
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Organization Details
Founding Year
1980
Phone
(410) 539-6656Principal Officer
Theresa M Colvin
Main Address
201 NORTH CHARLES STREET NO 401, BALTIMORE, MD, 212014102
Website
www.midatlanticarts.orgNTEE Category
Code: A120 - Arts
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