Overview
What is Society For The Arts Ltd?
Society for the Arts Ltd is a nonprofit organization dedicated to fostering Central Eastern European culture. They achieve this goal by organizing various events and festivals. One of their significant initiatives is the annual Polish Film Festival, which showcases around 100 non-commercial movies, accompanied by panel discussions, Q&A sessions with industry professionals, and over 90,000 attendees. Additionally, they curate the docsPace series, a collection of captivating documentaries, offering virtual screenings and Q&As with filmmakers. This series attracted over 2000 participants and was free of charge. Society for the Arts Ltd's mission is to enrich the cultural landscape by providing a platform for showcasing Central Eastern European art and cinema.
Official website here: www.societyforarts.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, Overall score: 61%)
The Society For The Arts Ltd has received a Two-Star rating from Charity Navigator, indicating that the organization shows some strengths but has significant areas that require improvement. The high scores in board independence and material diversion of assets reflect good governance practices. However, the overall score highlights concerns, particularly in the accountability and finance category, where the organization scored only 61%.
One of the notable strengths is the board's independence, which is crucial for maintaining integrity and effective oversight. Additionally, the organization has demonstrated good practices in documenting board meeting minutes and ensuring that its website is listed on tax forms. However, the lack of conflict of interest and whistleblower policies raises red flags regarding transparency and organizational integrity.
Furthermore, the Society For The Arts Ltd has weaknesses in financial reporting, as indicated by a zero score in the liabilities to assets ratio. The absence of a document retention policy and the failure to post required tax documents on its website are significant gaps that could impact its accountability to stakeholders. Overall, while there are some positive aspects to the organization's governance, there are critical areas that need to be addressed for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Society For The Arts Ltd legitimate?
Society For The Arts Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society For The Arts Ltd 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,000
For more financial information, click here
Official website here: www.societyforarts.com
What is the mission statement of Society For The Arts Ltd?
The Society for the Arts Ltd is dedicated to fostering Central Eastern European culture. They accomplish this by organizing various events and festivals, such as the annual Polish Film Festival and the docsPace series. These platforms provide a platform for showcasing non-commercial films, hosting panel discussions, and engaging with filmmakers through Q&A sessions. The docsPace series, which took place from April to December, attracted over 2000 attendees and was accessible online for free. The organization's activities aim to increase exposure and appreciation for Central Eastern European culture.
Official website here: www.societyforarts.com
Who is the CEO of Society For The Arts Ltd?
Christopher Kamyszew is the Director of Society For The Arts Ltd.
Official website here: www.societyforarts.com
What is the revenue of Society For The Arts Ltd?
Society For The Arts Ltd's revenue in 2022 was $214,315.
Official website here: www.societyforarts.com
Who are the executives of Society For The Arts Ltd and what are their salaries?
The average compensation at Society For The Arts Ltd during 2022 was $12,000. There are 2 employees at Society For The Arts Ltd.
Here are 4 key members and their salaries:
- Compensation: $12,000
- Related: $0
- Other: $33,970
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.societyforarts.com
Where can I find the form 990 for Society For The Arts Ltd?
Society For The Arts Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.societyforarts.com
Learn more at the official website: www.societyforarts.com
Mission Statement of Society For The Arts Ltd
Society for the Arts Ltd, a nonprofit organization, is dedicated to the promotion of Central Eastern European culture. They achieve this mission through various events and festivals. One of their significant initiatives is the annual Polish Film Festival in America, which serves as a platform to showcase nearly 100 non-commercial films, along with panel discussions and Q&A sessions with filmmakers. Furthermore, the organization hosts the docsPace series as part of the Chicago International Documentary Festival. This series features new documentaries, accompanied by online Q&As, attracting over 2000 attendees. Society for the Arts Ltd's events and festivals play a crucial role in showcasing and celebrating Central Eastern European culture, engaging a wide audience and fostering a deeper understanding of the region's art and cinema.
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Impact
October, 2024
Society For The Arts Ltd significantly impacts the cultural landscape by promoting Central Eastern European culture through an array of events and festivals. Its efforts in hosting the 34th Annual Polish Film Festival in America created a vital platform for filmmakers, allowing nearly 100 non-commercial screenings to reach diverse audiences. This festival included engaging panel discussions and Q&A sessions with notable figures in the film industry, fostering dialogue and connection among artists and viewers.
Additionally, the organization organized the Chicago International Documentary Festival docsPace series, which showcased compelling new documentaries and facilitated virtual engagement through online Q&As. This initiative attracted over 2000 attendees, demonstrating the demand for access to culturally enriching content, especially in a virtual format that breaks geographical barriers.
Through these initiatives, Society For The Arts Ltd not only elevates Central Eastern European cultural narratives but also fosters community engagement and dialogue, enriching the cultural fabric of Chicago and beyond.
This information is meant to be a general summary of Society For The Arts Ltd. 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.
- Program Service Revenue: $135,390
- Gross Receipts: $214,806
Assets and Liabilities:
- Total Assets: $48,122
- Total Liabilities: $144,206
- Net Assets: -$96,084
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
POLISH FILM FESTIVAL
Revenue
$111,448
EXHIBITION PROGRAM
Revenue
$17,800
FILM PROGRAMS
Revenue
$6,142
Organization Details
Founding Year
1996
Phone
(773) 486-9612Principal Officer
Christopher Kamyszew
Main Address
1112 N MILAWUKEE AVE, Chicago, IL, 60642
Website
www.societyforarts.comNTEE Category
Code: A230 - Arts
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