Overview
What is The Carnegie Visual & Performing Arts Center?
The Carnegie Visual & Performing Arts Center, referred to as The Carnegie, is a distinguished nonprofit organization located at 1028 SCOTT STREET, Covington, KY 41011. It is committed to enriching the Northern Kentucky and Greater Cincinnati region by offering a diverse range of events, theatre productions, educational programs, and exhibitions. The Carnegie's historic Otto M. Budig Theatre serves as a platform for co-producing high-quality productions and providing an affordable theatre space for local high schools and smaller production companies. The nonprofit's mission is to utilize its historic building as a venue for emerging and established artists to create, perform, and exhibit their work, while also offering educational opportunities for creativity development and celebrating the arts. With a dedicated workforce of 9 individuals, The Carnegie's programs contribute to the artistic and cultural landscape of its community.
Official website here: www.thecarnegie.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
The Carnegie Visual & Performing Arts Center has achieved a strong rating of 92%, reflecting its commitment to accountability and financial health. This high score is derived from an impressive performance in the Accountability & Finance category, where the organization has demonstrated transparency and responsible management of its resources. Notably, the organization has 100% independent board members, which enhances its governance and oversight capabilities.
The center's financial stability is further underscored by a low liabilities-to-assets ratio of just 0.95%, indicating a strong balance sheet. Additionally, a significant portion of its expenses, 83.10%, is directed towards programs, suggesting that funds are primarily allocated to fulfill its mission in the arts. The organization also maintains robust policies, including conflict of interest and whistleblower policies, contributing to its overall integrity.
While the data reflects positively on the Carnegie Visual & Performing Arts Center, there are no noted limitations, indicating a solid operational foundation. Overall, the organization stands out for its strong governance practices and effective use of funds, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is The Carnegie Visual & Performing Arts Center legitimate?
The Carnegie Visual & Performing Arts Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Carnegie Visual & Performing Arts Center 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $352,052
For more financial information, click here
Official website here: www.thecarnegie.com
What is the mission statement of The Carnegie Visual & Performing Arts Center?
The Carnegie Visual & Performing Arts Center's mission is to utilize its historic building as a platform for both emerging and established artists to create, perform, and exhibit their work. The center also strives to provide educational opportunities that foster creativity and discovery. Furthermore, it aims to celebrate the arts by offering a venue for various productions and exhibitions. The center co-produces high-quality productions and offers an affordable theatre space for local high schools and smaller production companies, thereby contributing to the arts community.
Official website here: www.thecarnegie.com
What is the revenue of The Carnegie Visual & Performing Arts Center?
The Carnegie Visual & Performing Arts Center's revenue in 2024 was $1,692,276.
Official website here: www.thecarnegie.com
Who are the executives of The Carnegie Visual & Performing Arts Center and what are their salaries?
The average compensation at The Carnegie Visual & Performing Arts Center during 2024 was $35,588. There are 12 employees at The Carnegie Visual & Performing Arts Center.
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Official website here: www.thecarnegie.com
Where can I find the form 990 for The Carnegie Visual & Performing Arts Center?
The Carnegie Visual & Performing Arts Center's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thecarnegie.com
Learn more at the official website: www.thecarnegie.com
Mission Statement of The Carnegie Visual & Performing Arts Center
The Carnegie Visual & Performing Arts Center is dedicated to serving the northern Kentucky and greater Cincinnati region by offering a diverse range of events, theatre productions, educational programs, and exhibitions. This esteemed institution aims to utilize its historic building as a platform for both emerging and established artists to create, perform, and exhibit their work. By doing so, The Carnegie provides an opportunity for the discovery and enhancement of creativity within the community.
In addition to showcasing artistic talents, The Carnegie also prioritizes educational opportunities. Through its educational programs, The Carnegie fosters the growth of creativity, allowing individuals to explore and expand their artistic abilities. Furthermore, The Carnegie celebrates the arts by providing a venue for various artistic expressions, thereby enriching the cultural landscape of the region.
In essence, The Carnegie Visual & Performing Arts Center serves as a beacon of artistic expression and creativity, offering a space for both established and emerging artists to showcase their work. By providing educational opportunities and celebrating various artistic expressions, The Carnegie plays a vital role in enriching the cultural landscape of the northern Kentucky and greater Cincinnati region.
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Impact
July, 2024
The Carnegie Visual & Performing Arts Center has a significant impact on the Northern Kentucky and Greater Cincinnati region by providing a wide range of events, theatre productions, educational programs, and exhibitions. The organization's historically renovated Otto M. Budig Theatre co-produces high-quality productions while also offering an affordable theatre space for local high schools and smaller production companies. By utilizing its historic building as a venue for emerging and established artists to create, perform, and exhibit, The Carnegie contributes to the cultural richness of the community. Additionally, the organization's focus on providing educational opportunities for the discovery and enhancement of creativity helps promote artistic development and appreciation in the region.
This information is meant to be a general summary of The Carnegie Visual & Performing Arts Center. 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 2024.
- Investment Income: $27,942
- Program Service Revenue: $971,207
- Gross Receipts: $1,728,891
Assets and Liabilities:
- Total Assets: $3,558,181
- Total Liabilities: $18,879
- Net Assets: $3,539,302
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THEATER INCOME
Revenue
$621,921
EDUCATION INCOME
Revenue
$333,677
GALLERY INCOME
Revenue
$15,609
Organization Details
Founding Year
1987
Principal Officer
Kimberly Best
Website
www.thecarnegie.comNTEE Category
Code: A26Z - Arts
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