Overview
What is Artbridge Projects Inc?
Artbridge Projects Inc, situated in New York City, is a vibrant nonprofit organization with a focus on promoting emerging artists. They achieve this by showcasing artists' work in private galleries and unique public spaces, such as construction fences and scaffolding during transition periods. Artbridge also offers valuable professional development opportunities for these artists, including workshops on topics like marketing, grant writing, and portfolio reviews. Additionally, the organization provides engaging art educational programs for the public, such as walking tours of public art installations and seminars on subjects like civic engagement in the arts and community development. With a team of five dedicated individuals, Artbridge Projects Inc plays a significant role in fostering the growth and exposure of emerging artists and encouraging art appreciation among the general public.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 67%)
Artbridge Projects Inc has received a two-star rating from Charity Navigator, indicating that while the organization showcases some strengths, it also faces significant areas for improvement. The organization has a strong commitment to program expenses, with an impressive program expense ratio of 96.34%, meaning a vast majority of its funds are directed towards its mission. Additionally, the board is composed of a majority of independent members, which enhances governance and oversight.
However, there are notable deficiencies in the organization's accountability and financial practices. Key policies such as conflict of interest and whistleblower protections are missing, which raises concerns about transparency and ethical governance. Furthermore, the organization has a high liabilities to assets ratio at 153.77%, indicating potential financial instability.
Overall, while Artbridge Projects Inc demonstrates commendable financial direction towards its programs, the lack of essential governance policies and its financial liabilities suggest a need for improvement in its operational practices. Addressing these shortcomings could enhance its rating and ensure greater donor confidence in the organization's sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Artbridge Projects Inc legitimate?
Artbridge Projects Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artbridge Projects 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: $111,815
Professional Fundraising Fees: $0
Other Salaries and Wages: $244,457
For more financial information, click here
What is the mission statement of Artbridge Projects Inc?
Artbridge Projects Inc's mission revolves around showcasing the work of emerging artists in both private galleries and public spaces. The organization also provides professional development opportunities for these artists, offering workshops on topics like marketing, branding, grant writing, and portfolio reviews. Furthermore, Artbridge Projects Inc is committed to educating the general public about art, offering walking tours of public art installations and seminars on topics such as community engagement in the arts and public art's role in urban development. They also identify as advocates for emerging art leaders.
Who is the CEO of Artbridge Projects Inc?
Rodney Durso is the Chairman of Artbridge Projects Inc.
What is the revenue of Artbridge Projects Inc?
Artbridge Projects Inc's revenue in 2022 was $1,217,668.
Who are the executives of Artbridge Projects Inc and what are their salaries?
The average compensation at Artbridge Projects Inc during 2022 was $71,254. There are 5 employees at Artbridge Projects Inc.
Here are 15 key members and their salaries:
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Where can I find the form 990 for Artbridge Projects Inc?
Artbridge Projects Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Artbridge Projects Inc
Artbridge Projects Inc is dedicated to showcasing the talents of up-and-coming artists by displaying their work in both private galleries and public spaces. Beyond this, the organization offers professional development programs designed to help artists enhance their careers through workshops focusing on topics such as marketing, branding, grant writing, and portfolio reviews. In addition to supporting artists, Artbridge Projects Inc also extends its educational offerings to the wider public, providing engaging experiences like walking tours of public art installations and seminars and panel discussions that delve into topics like civil engagement in the arts, public art, and community development, and the emergence of new artistic leaders.
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Impact
July, 2024
Artbridge Projects Inc showcases the work of emerging artists in private galleries and public spaces, bringing fresh perspectives and creativity to the community. They provide professional development programs for artists, equipping them with the skills and knowledge needed to succeed in the art world. Additionally, the organization offers art education programs for the general public, enriching the community through walking tours and panel discussions on topics such as public art and community development. Through their initiatives, Artbridge Projects Inc fosters a vibrant arts scene and contributes to the cultural enrichment of the city.
This information is meant to be a general summary of Artbridge Projects 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.
- Program Service Revenue: $789,762
- Gross Receipts: $1,217,668
Assets and Liabilities:
- Total Assets: $175,308
- Total Liabilities: $269,583
- Net Assets: -$94,275
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
artist service
Revenue
$789,762
Organization Details
Founding Year
2012
Principal Officer
Rodney Durso
Main Address
526 WEST 26TH STREET STE 502, New York, NY, 10001
NTEE Category
Code: A70 - Arts
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