Overview
What is Ars Nova Theater I Inc?
Ars Nova Theater I Inc, situated in New York, New York, is a vibrant nonprofit organization dedicated to supporting emerging artists and fostering innovation in live entertainment. In the fiscal year 2022, they served over 350 artists and engaged with 8,000 audience members through their artistic programs. Notable productions included P.S. by Teddy Bergman, Sam Chanse, and Amina Henry, and the World Premiere of ORATORIO FOR LIVING THINGS, which garnered numerous awards. Ars Nova's mission is to nurture diverse artists in the early stages of their careers, providing a supportive environment that encourages out-of-the-box thinking and risk-taking. Their dynamic range of programs fosters innovative, genre-bending work, ultimately amplifying the voices of a new generation of artists and audiences, thereby pushing the boundaries of live entertainment. With a total of 112 employees, Ars Nova continues to thrive as a hub for creative ideas and fresh talent in New York City.
Official website here: www.arsnovanyc.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
Ars Nova Theater I Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The score is based entirely on the Accountability & Finance metrics, where the organization scored 97%. This high rating signifies that Ars Nova operates with transparency and sound fiscal management practices, which are crucial for donor confidence and long-term sustainability.
The nonprofit excels in various financial indicators, including an outstanding program expense ratio of 76.75%, indicating that a significant portion of its resources is directed towards fulfilling its mission. It also has a favorable fundraising efficiency ratio of $0.07, demonstrating effective management of fundraising expenses. Additionally, the organization maintains a well-structured governance framework, with 88% of its board members being independent, which is essential for unbiased oversight.
While the data highlights many organizational strengths, the focus on financial accountability may overshadow other important aspects like programmatic impact or community engagement. However, the absence of material diversions of assets and a solid working capital ratio of 2.76 years reinforces the nonprofit's financial health, ensuring its continued ability to serve its mission effectively. Overall, Ars Nova Theater I Inc showcases a commendable standard of operation in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Ars Nova Theater I Inc?
96% of 482 reviewers on Facebook recommend Ars Nova Theater I Inc. Here is a summary of their reviews:
Ars Nova is highly praised for being an exceptionally supportive and nurturing environment for artists. Many reviewers commend the theater for its commitment to producing innovative and exciting new works, highlighting its significance in New York City's cultural landscape. The artistic director, Jason Eagan, is particularly acknowledged for his unique approach to fostering new talent and developing fresh material, leading to a profound appreciation from those who have had the opportunity to collaborate with the organization.
Overall, people seem very satisfied with the services offered by Ars Nova. The organization is recognized not just for its artistic contributions but also for the generous vision and guidance it provides to emerging artists, making it a valued hub for creativity and expression in the theater community.
This AI summary has been generated from reviews found on Facebook.
Is Ars Nova Theater I Inc legitimate?
Ars Nova Theater I Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ars Nova Theater I 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: $300,170
Professional Fundraising Fees: $17,250
Other Salaries and Wages: $1,740,066
For more financial information, click here
Official website here: www.arsnovanyc.com
What is the mission statement of Ars Nova Theater I Inc?
Ars Nova Theater I Inc's mission is centered around the discovery, development, and launch of emerging theater, music, and comedy artists. Their dynamic programming fosters unconventional thinking and encourages genre-bending work. By offering a safe space for risk-taking and collaboration, Ars Nova amplifies the voices of a diverse group of artists and audiences, challenging the boundaries of live entertainment. They nurture creative ideas, transforming them into intelligent and unexpected new works.
Official website here: www.arsnovanyc.com
Who is the CEO of Ars Nova Theater I Inc?
Renee Blinkwolt is the Foun Art Dir of Ars Nova Theater I Inc.
Official website here: www.arsnovanyc.com
What is the revenue of Ars Nova Theater I Inc?
Ars Nova Theater I Inc's revenue in 2022 was $3,863,555.
Official website here: www.arsnovanyc.com
Who are the executives of Ars Nova Theater I Inc and what are their salaries?
The average compensation at Ars Nova Theater I Inc during 2022 was $18,216. There are 112 employees and 25 volunteers at Ars Nova Theater I Inc.
Here are 18 key members and their salaries:
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Official website here: www.arsnovanyc.com
Where can I find the form 990 for Ars Nova Theater I Inc?
Ars Nova Theater I Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.arsnovanyc.com
Learn more at the official website: www.arsnovanyc.com
Mission Statement of Ars Nova Theater I Inc
Ars Nova Theater I Inc is dedicated to unearthing, fostering, and introducing emerging theater, music, and comedy artists at the onset of their professional journeys. The organization's diverse array of programs promotes unconventional thinking and champions innovative, genre-blending work. By establishing a safe space that encourages risk-taking and collaboration, Ars Nova amplifies the voices of a diverse group of upcoming artists and audiences, pushing the envelope of live entertainment. The nonprofit nurtures creative ideas, transforming them into intelligent, thought-provoking new works.
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Impact
July, 2024
Ars Nova Theater I Inc has made a significant impact by providing a platform for emerging artists in the early stages of their careers to develop and showcase their talents. Through its programs, Ars Nova has supported over 350 artists and reached an audience of 8,000 individuals in FY22. The organization's commitment to outside-the-box thinking and collaboration has resulted in the production of innovative, genre-bending work that challenges traditional boundaries in live entertainment.
Notably, Ars Nova's productions have garnered critical acclaim and recognition, with highlights including the success of "ORATORIO FOR LIVING THINGS" created by Heather Christian and directed by Lee Sunday Evans. This production reached over 5,500 audience members, won multiple prestigious awards, and was lauded by prominent publications as some of the Best Theater of 2022.
By nurturing creative ideas and providing a nurturing environment for risk-taking, Ars Nova has amplified the voices of a diverse new generation of artists and audiences, contributing to the vibrant cultural landscape of New York City and beyond.
This information is meant to be a general summary of Ars Nova Theater I 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: $454,760
- Gross Receipts: $3,989,158
Assets and Liabilities:
- Total Assets: $11,424,658
- Total Liabilities: $411,846
- Net Assets: $11,012,812
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Box Office Revenue
Revenue
$265,598
Rentals revenue
Revenue
$189,162
Organization Details
Founding Year
2005
Phone
(212) 489-9800Principal Officer
Renee Blinkwolt
Main Address
511 WEST 54TH STREET, NEW YORK, NY, 10019
Website
www.arsnovanyc.comNTEE Category
Code: A65 - Arts
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