Overview
What is Price Tower Arts Center Inc?
The Price Tower Arts Center Inc, located in Bartlesville, Oklahoma, serves as a preservation and interpretation hub for Frank Lloyd Wright's pioneering skyscraper design concept. This nonprofit organization offers various forms of interpretation to visitors, allowing them to learn from Wright's innovative design. The center's archives are accessible to the public for research through the Architecture Study Center. Year-round exhibitions and educational programs catering to diverse age groups are also provided by the Price Tower Arts Center Inc. Its primary mission is to offer a museum dedicated to art, architecture, and design, while simultaneously preserving and interpreting the Price Tower, which is Frank Lloyd Wright's only built skyscraper. The center employs a team of 7 individuals, working tirelessly to achieve its goals.
Official website here: www.pricetower.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Price Tower Arts Center Inc has achieved an 81% rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score indicates that the organization is effectively managing its funds and maintaining transparency in its operations. The charity has a strong independent board, with 100% of its members being independent, which is a key factor in ensuring good governance.
The organization demonstrates excellence in several areas, including a high program expense ratio of 93.83%, indicating that a significant portion of its expenditures directly supports its mission-related activities. Additionally, it has a low liabilities to assets ratio of 20.97%, which suggests sound financial health and stability. The presence of essential policies, such as conflict of interest and whistleblower protections, further underscores its commitment to ethical governance.
While the rating is commendable, it is important for potential donors and stakeholders to consider that a three-star rating indicates room for improvement. Ongoing efforts to enhance performance in areas such as fundraising efficiency and overall organizational impact will be beneficial for the nonprofit's future success.
This AI summary has been generated from information found on Charity Navigator.
Is Price Tower Arts Center Inc legitimate?
Price Tower Arts Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Price Tower Arts Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $199,658
For more financial information, click here
Official website here: www.pricetower.org
What is the mission statement of Price Tower Arts Center Inc?
The Price Tower Arts Center Inc is dedicated to serving both local and national audiences by offering a museum showcasing art, architecture, and design. Its primary mission is to preserve and interpret Frank Lloyd Wright's Price Tower, his only built skyscraper. Through various forms of interpretation, the center aims to educate visitors about Wright's pioneering design. The Arts Center's archives are accessible to the public for research, and it provides year-round exhibitions and educational programs for various age groups. The Center's archives, exhibitions, and programs serve to promote understanding and appreciation of Frank Lloyd Wright's architectural innovations.
Official website here: www.pricetower.org
Who is the CEO of Price Tower Arts Center Inc?
Brad Doenges is the Trustee of Price Tower Arts Center Inc.
Official website here: www.pricetower.org
What is the revenue of Price Tower Arts Center Inc?
Price Tower Arts Center Inc's revenue in 2022 was $695,920.
Official website here: www.pricetower.org
Who are the executives of Price Tower Arts Center Inc and what are their salaries?
The average compensation at Price Tower Arts Center Inc during 2022 was $28,523. There are 7 employees at Price Tower Arts Center Inc.
Here are 8 key members and their salaries:
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Official website here: www.pricetower.org
Where can I find the form 990 for Price Tower Arts Center Inc?
Price Tower Arts Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pricetower.org
Learn more at the official website: www.pricetower.org
Mission Statement of Price Tower Arts Center Inc
Price Tower Arts Center Inc, a renowned institution, is dedicated to serving both local and national audiences by providing a museum showcasing art, architecture, and design. Beyond this, the center also aims to preserve and interpret Frank Lloyd Wright's groundbreaking experiment in skyscraper design represented by the Price Tower. Visitors can engage with various forms of interpretation to learn from Wright's innovative design concepts. The center goes beyond just being a museum, offering year-round exhibitions and educational programs suitable for all age groups. Additionally, Price Tower Arts Center Inc houses an open archive for public research through the Architecture Study Center, providing valuable insights into Wright's architectural genius.
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Impact
July, 2024
Price Tower Arts Center Inc has a significant impact on the community and beyond by providing a museum dedicated to the display of art, architecture, and design. By preserving and interpreting Frank Lloyd Wright's pioneering skyscraper design at the Price Tower, this organization offers valuable educational opportunities for visitors to learn from Wright's innovative work. Through year-round exhibitions and educational programs for all ages, Price Tower Arts Center Inc enriches the cultural landscape and fosters a deeper appreciation for art and architecture.
This information is meant to be a general summary of Price Tower Arts Center 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.
- Investment Income: $1,346
- Program Service Revenue: $181,612
- Gross Receipts: $696,876
Assets and Liabilities:
- Total Assets: $2,904,174
- Total Liabilities: $609,156
- Net Assets: $2,295,018
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL EVENTS
Revenue
$120,549
ADMISSIONS & CLASS FEES
Revenue
$29,846
MISCELLANEOUS INCOME
Revenue
$19,717
MEMBERSHIP DUES
Revenue
$11,500
Organization Details
Founding Year
1998
Phone
(918) 336-4949Principal Officer
Brad Doenges
Main Address
510 SE DEWEY AVE, BARTLESVILLE, OK, 74003
Website
www.pricetower.orgNTEE Category
Code: A510 - Arts
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