Overview
What is Artpreneurs Inc?
Artpreneurs Inc, based in Silver Spring, Maryland, is a nonprofit organization with a mission to empower creative, underprivileged youth from Montgomery County areas requiring additional support services. Through their program, Arts on the Block, they teach essential life and job readiness skills, enabling these young individuals to envision and build prosperous futures while positively contributing to their communities. With a team of nine dedicated professionals, Artpreneurs Inc continues to foster community development and personal growth in their local area.
Official website here: www.artsontheblock.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Artpreneurs Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The rating is based entirely on the Accountability & Finance beacon, where the organization scored 77%. This reflects a strong commitment to maintaining transparency and responsible financial practices, as evidenced by their independent board structure and comprehensive financial policies.
The organization boasts an impressive score on key accountability metrics, such as having a fully independent board and well-documented financial statements. They have also implemented crucial policies like conflict of interest and whistleblower protections, contributing to their overall governance quality. Program expenses are notably high as well, with 80.4% of expenses directed toward their mission-related activities, signaling effective use of resources.
However, the rating also highlights a concern regarding the liabilities to assets ratio, which scored zero out of fifteen. This may indicate potential financial risk, warranting further examination into the organization's long-term financial health. Overall, while Artpreneurs Inc demonstrates strong governance and programmatic focus, attention should be given to its financial stability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Artpreneurs Inc?
90% of 13 reviewers on Facebook recommend Artpreneurs Inc. Here is a summary of their reviews:
There is a strong appreciation for the initiative and talent of the young participants showcased at events like the Open House. Many highlight the positive impact the organization has on the youth involved, noting their impressive creativity and projects.
Overall, it seems that Artpreneurs Inc successfully inspires and equips kids with the skills they need to excel, earning a reputation for its commitment to fostering artistic expression among the younger generation.
This AI summary has been generated from reviews found on Facebook.
Is Artpreneurs Inc legitimate?
Artpreneurs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artpreneurs 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: $91,456
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,718
For more financial information, click here
Official website here: www.artsontheblock.com
What is the mission statement of Artpreneurs Inc?
Artpreneurs Inc, through its program Arts on the Block, aims to empower creative young individuals to envision and shape fulfilling futures. This empowerment extends beyond the individuals themselves, as they also contribute positively to their communities' quality of life. The organization achieves this mission by providing life and job readiness skills to underserved youth from Montgomery County, who are in greatest need of supplemental services. By doing so, Artpreneurs Inc plays a significant role in equipping these young minds with the necessary tools for success, thereby enriching their communities as well.
Official website here: www.artsontheblock.com
Who is the CEO of Artpreneurs Inc?
Christoper Barclay is the Principal Officer of Artpreneurs Inc.
Official website here: www.artsontheblock.com
What is the revenue of Artpreneurs Inc?
Artpreneurs Inc's revenue in 2022 was $463,598.
Official website here: www.artsontheblock.com
Who are the executives of Artpreneurs Inc and what are their salaries?
The average compensation at Artpreneurs Inc during 2022 was $16,908. There are 9 employees and 20 volunteers at Artpreneurs Inc.
Here are 10 key members and their salaries:
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- Compensation: $53,890
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- Compensation: $58,467
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Official website here: www.artsontheblock.com
Where can I find the form 990 for Artpreneurs Inc?
Artpreneurs Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.artsontheblock.com
Learn more at the official website: www.artsontheblock.com
Mission Statement of Artpreneurs Inc
Artpreneurs Inc, a nonprofit organization, is committed to empowering creative young individuals by enabling them to envision and construct fulfilling futures. This mission extends beyond personal growth, as the organization also aims to contribute positively to the overall quality of life in their communities.
At the heart of Artpreneurs Inc's mission is a program called Arts on the Block. This initiative is designed to equip underserved youth from Montgomery County areas with the most significant need for supplemental services with essential life and job readiness skills. By doing so, Artpreneurs Inc aims to cultivate a new generation of creative thinkers who can positively impact their communities.
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Impact
July, 2024
Artpreneurs Inc, through its program Arts on the Block, has a significant impact on creative young people in underserved areas of Montgomery County, MD. By teaching life and job readiness skills to these youths, Artpreneurs Inc is not only empowering them to imagine and shape fulfilling futures but also contributing to the quality of life in their communities. Through its mission of empowering creative young people, Artpreneurs Inc is actively involved in youth development, making a positive difference in the lives of those who need it the most.
This information is meant to be a general summary of Artpreneurs 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: $87,287
- Gross Receipts: $463,598
Assets and Liabilities:
- Total Assets: $743,653
- Total Liabilities: $871,061
- Net Assets: -$127,408
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ART PROGRAMS AND CONTRACTS
Revenue
$87,287
Organization Details
Founding Year
2008
Phone
(240) 645-0730Principal Officer
Christoper Barclay
Main Address
900 WAYNE AVENUE, SILVER SPRING, MD, 20910
Website
www.artsontheblock.comNTEE Category
Code: O50 - Youth development
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