Overview
What is Live Arts Inc?
Live Arts Inc is a nonprofit organization that has been actively fostering a connection between theater and community since its establishment in 1990. Their mission is to combine the diverse elements of theater and community, promoting mutual growth and self-discovery. Through this process, they aim to broaden their comprehension of the human condition. Live Arts Inc is dedicated to transforming both the theater and the community, creating a dynamic and engaging environment.
Official website here: www.livearts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
Live Arts Inc has received a respectable Three-Star rating from Charity Navigator, indicating a strong performance in both accountability and community engagement. The organization boasts a commendable 83% in Accountability & Finance, showcasing solid governance with a fully independent board and no material diversion of assets. Their financial health appears robust, with a low liabilities to assets ratio of 9.77% and a program expense ratio of 70.88%, suggesting a strong commitment to its mission.
In addition to financial metrics, Live Arts Inc scores impressively in the Culture & Community category, achieving a 94% rating. The organization excels in constituent feedback practices, with perfect scores in feedback collection, usage, and overall practices. This highlights a clear commitment to engaging with and responding to the community it serves, fostering a strong relationship with its constituents.
However, while the scores indicate considerable strengths, there is room for improvement in areas related to equity policies and processes, as indicated by their scores of 4 out of 7. This suggests that while the organization is focused on equity strategies, further development in formal policies could enhance their impact in this area. Overall, Live Arts Inc demonstrates strong governance and a commitment to community engagement, making it a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Live Arts Inc legitimate?
Live Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Live 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: $89,861
Professional Fundraising Fees: $0
Other Salaries and Wages: $377,752
For more financial information, click here
Official website here: www.livearts.org
What is the mission statement of Live Arts Inc?
Live Arts Inc's mission is centered around the fusion of theater and community. They aim to forge a connection between these two elements with passion, using the disparate raw materials of both to create something new. This process of melding and shaping results in the transformation of both the theater and the community. Through this unique approach, Live Arts Inc seeks to deepen our understanding of ourselves and the human condition.
Official website here: www.livearts.org
Who is the CEO of Live Arts Inc?
Anne Hunter is the Executive Di of Live Arts Inc.
Official website here: www.livearts.org
What is the revenue of Live Arts Inc?
Live Arts Inc's revenue in 2022 was $991,716.
Official website here: www.livearts.org
Who are the executives of Live Arts Inc and what are their salaries?
The average compensation at Live Arts Inc during 2022 was $38,968. There are 12 employees and 500 volunteers at Live Arts Inc.
Here are 19 key members and their salaries:
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Official website here: www.livearts.org
Where can I find the form 990 for Live Arts Inc?
Live Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.livearts.org
Learn more at the official website: www.livearts.org
Mission Statement of Live Arts Inc
Live Arts Inc, established in 1990, has a mission that revolves around the fusion of theater and community. They approach this mission with an intense passion, viewing the two elements as raw materials that can be molded and shaped together. This process of forging allows both the theater and the community to evolve and grow, fostering a deeper understanding of the human condition. Live Arts Inc believes that this unique approach is the most effective way to engage with and learn about ourselves and our fellow humans. Through this mission, they aim to create a theater and a community that are intertwined and interdependent, constantly changing and growing together.
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Impact
July, 2024
Live Arts Inc has a profound impact on the community of Charlottesville, VA by fostering a unique blend of theater and community engagement since 1990. Through their passionate approach, they have been able to bring people together, spark dialogues, and expand perspectives. By melding the disparate raw materials of theater and community, Live Arts Inc not only entertains but also provokes thought and reflection, deepening our understanding of ourselves and the human condition. Their work serves as a catalyst for growth, connection, and cultural enrichment in Charlottesville and beyond.
This information is meant to be a general summary of Live 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: $10,866
- Program Service Revenue: $196,626
- Gross Receipts: $1,034,634
Assets and Liabilities:
- Total Assets: $1,337,450
- Total Liabilities: $139,025
- Net Assets: $1,198,425
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$110,991
CLASSES
Revenue
$77,055
CONCESSIONS
Revenue
$8,580
Organization Details
Founding Year
1990
Phone
(434) 977-4177Principal Officer
Anne Hunter
Main Address
123 E WATER STREET, CHARLOTTESVILLE, VA, 22902
Website
www.livearts.orgNTEE Category
Code: A650 - Arts
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