Overview
What is The Arts Council Inc?
The Arts Council Inc, stationed in the heart of Winston-Salem, North Carolina, is a dedicated nonprofit organization. It manages a collection of arts complexes, theatres, and parking lots spread over seven acres in downtown Winston-Salem. These properties serve as community event spaces, offices for charitable organizations, and activity rooms for both children and adult programs. The organization's mission is to uphold and amplify the legacy of artistic innovation as a vital community value. It accomplishes this by granting funds and providing venues for artists and art organizations to express their craft, ensuring that these facilities are efficiently and effectively operated. The ultimate goal is to foster an environment that nurtures artistic growth. With a workforce of 35 individuals, The Arts Council Inc is committed to cultivating a vibrant arts scene in its community.
Official website here: www.intothearts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95% - Four-Star out of Four Star Rating
The Arts Council Inc has achieved a 95% score, earning a prestigious Four-Star rating from Charity Navigator. This high rating reflects the organization’s strong accountability and financial management practices, which are crucial for fostering trust among donors and stakeholders. The charity scored exceptionally well in areas such as having a completely independent board and a solid financial oversight committee.
Strengths of The Arts Council Inc include its high percentage of program expenses, which stand at 76.79%, indicating a strong commitment to its mission. Furthermore, the organization demonstrates excellent fundraising efficiency with a cost of only $0.16 to raise each dollar. These metrics suggest that the charity is effectively utilizing its resources to maximize impact in the arts community.
However, the organization does have a notable limitation in that it lacks a whistleblower policy, which received a score of zero. This absence could be a point of concern for potential donors regarding transparency and accountability in internal operations. Despite this shortcoming, the overall financial health and management of the charity remain robust, making it a reliable choice for supporting the arts.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Arts Council Inc?
86% of the nine reviewers on Facebook recommend The Arts Council Inc. Here's a summary of their reviews:
The feedback reflects a deep appreciation for the council's impact on the local arts scene, particularly among those who have longstanding ties to the community. Notably, some respondents expressed nostalgia and a sense of belonging, highlighting their personal connections and experiences in the arts, which have fostered a vibrant artistic atmosphere in Winston-Salem.
While the majority show support for the council's mission and contributions, one reviewer feels less inclined to recommend the organization. This indicates that while The Arts Council has a positive reputation and a loyal following, there may be some aspects that could be improved to enhance its outreach and engagement with all community members. Overall, the sentiments lean favorably towards the council, underscoring its role in nurturing and promoting the arts in the area.
This AI summary has been generated from reviews found on Facebook.
Is The Arts Council Inc legitimate?
The Arts Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Arts Council 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: $216,966
Professional Fundraising Fees: $0
Other Salaries and Wages: $898,114
For more financial information, click here
Official website here: www.intothearts.org
What is the mission statement of The Arts Council Inc?
The Arts Council Inc's mission is centered around supporting and fostering innovation in the arts as a significant community value. They achieve this by offering grants and providing venues for artists and art organizations, enabling them to hone their craft and showcase their work in efficiently and effectively operated facilities. The council's ultimate goal is to cultivate an environment that nurtures artistic growth and prosperity.
Official website here: www.intothearts.org
What is the revenue of The Arts Council Inc?
The Arts Council Inc's revenue in 2023 was $3,345,650.
Official website here: www.intothearts.org
Who are the executives of The Arts Council Inc and what are their salaries?
The average compensation at The Arts Council Inc during 2023 was $20,274. There are 55 employees and 23 volunteers at The Arts Council Inc.
Here are 24 key members and their salaries:
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Official website here: www.intothearts.org
Where can I find the form 990 for The Arts Council Inc?
The Arts Council Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.intothearts.org
Learn more at the official website: www.intothearts.org
Mission Statement of The Arts Council Inc
The Arts Council Inc, as an organization, is committed to upholding and fostering the legacy of innovation and accessibility in the arts as a fundamental community value. They accomplish this mission by offering grants and providing venues for artists and art organizations to cultivate and exhibit their artistic expressions within efficiently and effectively operated facilities. By creating such an environment, The Arts Council Inc aims to nurture the growth and flourishing of the arts within the community.
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Impact
July, 2024
The Arts Council Inc's impact is significant in Winston-Salem, NC, where it supports and advances the legacy of innovation and access to the arts as a core community value. By providing grants and venues for artists and art organizations to practice and execute their art forms in efficiently operated facilities, The Arts Council Inc creates an environment in which the arts can flourish. The organization's ownership and management of various arts complexes, theaters, and parking lots on approximately seven acres in downtown Winston-Salem contribute to the cultural vibrancy of the city and provide spaces for community events, charitable organizations, and programming for children and adults.
This information is meant to be a general summary of The Arts Council 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.
- Investment Income: $106,017
- Program Service Revenue: $433,448
- Gross Receipts: $4,625,450
Assets and Liabilities:
- Total Assets: $13,960,396
- Total Liabilities: $3,960,737
- Net Assets: $9,999,659
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MILTON RHODES CENTER
Revenue
$147,520
BUILDING SPACE RENTAL
Revenue
$145,458
ARTS COUNCIL THEATRE
Revenue
$59,336
PARKING LOTS
Revenue
$50,996
HANESBRANDS THEATRE
Revenue
$30,138
Organization Details
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