Young Aspirations Young Artists Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 721132928 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is Young Aspirations Young Artists Inc?

Young Aspirations Young Artists Inc, based in New Orleans, Louisiana, is a nonprofit organization committed to nurturing creative youth between the ages of 13 and 25. Through the YAYA Guild program, they offer free visual arts and entrepreneurship training, enabling participants to develop a wide range of artistic skills and essential life competencies such as collaboration, project management, financial literacy, marketing, portfolio/resume development, and client relations. The goal is to equip young individuals with the skills needed to thrive as leaders in their schools and communities. Over the past 30 years, the organization has served as a creative hub, providing young people with the freedom, opportunities, and resources to discover their passions and artistic voices, fostering generations of professional artists, designers, teachers, and community leaders across the country.


Official website here: www.yayainc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92%, Four-Star out of Four Star rating

Young Aspirations Young Artists Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and financial management. The rating is based entirely on their accountability and finance score, which stands at 92%. This high score indicates that the organization is effectively managing its resources and financial practices.

The organization exhibits a strong governance structure, with 100% of its board members being independent. It has also demonstrated excellent oversight practices, with no material diversion of assets reported and a sound liabilities to assets ratio of 14.69%. The majority of its expenses, 86.80%, are allocated directly to programs, showcasing its commitment to its mission.

However, it is important to note that while the organization scores well in many areas, it lacks a whistleblower policy, which is a significant oversight in its governance practices. This gap could impact the organization's transparency and ethical standards, suggesting an area for improvement. Overall, Young Aspirations Young Artists Inc stands out for its effective management and commitment to accountability, though attention to governance policies could enhance its overall rating further.


This AI summary has been generated from information found on Charity Navigator.

Is Young Aspirations Young Artists Inc legitimate?

Young Aspirations Young Artists Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Aspirations Young Artists 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: $85,260
Professional Fundraising Fees: $0
Other Salaries and Wages: $289,719

For more financial information, click here


Official website here: www.yayainc.com

What is the mission statement of Young Aspirations Young Artists Inc?

Young Aspirations Young Artists Inc, often referred to as YAYA, aims to empower creative young individuals through a combination of visual arts education, entrepreneurial, leadership, and life skills training. Their objective is to equip these young people with the necessary skills to excel as leaders both in school and their communities. For over three decades, YAYA has served as a creative community, providing young individuals with the freedom, opportunities, and resources to explore their passions and artistic voices. YAYA functions as an incubator for young talent, nurturing generations of culture-bearers and creative thinkers who have gone on to become professional artists, designers, teachers, and leaders, not just in New Orleans but across the country.


Official website here: www.yayainc.com

Who is the CEO of Young Aspirations Young Artists Inc?

Paul Scott is the Principal Officer of Young Aspirations Young Artists Inc.


Official website here: www.yayainc.com

What is the revenue of Young Aspirations Young Artists Inc?

Young Aspirations Young Artists Inc's revenue in 2022 was $552,561.


Official website here: www.yayainc.com

Who are the executives of Young Aspirations Young Artists Inc and what are their salaries?

The average compensation at Young Aspirations Young Artists Inc during 2022 was $19,736. There are 19 employees and 40 volunteers at Young Aspirations Young Artists Inc.


Here are 16 key members and their salaries:


Danielle Coco (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lesli Harris (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Gruber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharika Mahdi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mapo Kinnord (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelp Littlefield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Martzolf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Desiree Packard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Brennan Mcleod (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Rosenbaum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Lecorgne Schaefer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Schott (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Augillard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Crowley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Pemberton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Miles (Executive Director)
  • Compensation: $76,830
  • Related: $0
  • Other: $8,430


Official website here: www.yayainc.com

Where can I find the form 990 for Young Aspirations Young Artists Inc?

Young Aspirations Young Artists Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.yayainc.com

Learn more at the official website: www.yayainc.com

Mission Statement of Young Aspirations Young Artists Inc

Young Aspirations Young Artists, often referred to as YAYA, is a nonprofit organization that empowers creative young individuals through a combination of visual arts education, entrepreneurial, leadership, and life skills training. Established over 30 years ago, YAYA serves as a creative community where young people are given the freedom, opportunities, and resources to explore their passions and develop their artistic voices. The organization's primary goal is to equip these young individuals with the necessary skills to thrive as leaders in both their schools and communities.

As an incubator for young talent, YAYA has nurtured generations of culture-bearers and creative thinkers. These individuals have since grown to become professional artists, designers, teachers, and leaders, not just in New Orleans where YAYA is based, but across the nation as well. By providing this comprehensive education and training, YAYA aims to foster a new generation of leaders who can contribute positively to their communities and beyond, leveraging their artistic talents and leadership skills.

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Impact




July, 2024

Young Aspirations Young Artists Inc, through its YA YA Guild program, has a significant impact on empowering young individuals aged 13-25 through visual arts education, entrepreneurship training, and leadership development. Over the past 30 years, YAYA has served as a nurturing ground for creative expression, equipping young people with the skills necessary to excel as leaders in both their academic and community settings. By offering opportunities for artistic exploration and personal growth, YAYA has cultivated a generation of artists, designers, teachers, and leaders in New Orleans and beyond. Participants in the program not only gain proficiency in various artistic mediums but also develop crucial life skills such as collaboration, project management, financial literacy, and client relations. The 40 YAYA Guild members have the chance to attend this program daily after school, with additional opportunities for travel and public representation, further enhancing their growth and impact within the community.




This information is meant to be a general summary of Young Aspirations Young Artists 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.

Revenue
$552,561 (2022)
Expenses
$724,328 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $545
  • Program Service Revenue: $72,445
  • Gross Receipts: $595,478

Assets and Liabilities:

  • Total Assets: $1,954,297
  • Total Liabilities: $287,250
  • Net Assets: $1,667,047

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

WORKSHOP REVENUE

Revenue

$72,445

Organization Details

Founding Year

1988

Principal Officer

Paul Scott

Main Address

3322 LASALLE STREET, NEW ORLEANS, LA, 70115

NTEE Category

Code: A20 - Arts

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