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Friends Of Materials For The Arts Inc

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

EIN: 810551712 ✦ Long island city, NY ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Materials For The Arts Inc?

Friends of Materials for the Arts Inc, a nonprofit organization based in New York City, is dedicated to supporting the city's arts and public school communities by providing them with educational programs and materials. The organization, acting as a sister entity of Materials for the Arts, redistributes donated materials to local non-profits and schools for free. Friends of Materials for the Arts operates various programs, including an education center, artist-in-residence, gallery program, and third Thursday workshops, all aimed at promoting creative reuse as a sustainable practice for artists and organizations. The education center hosts field trips, where students learn about creative reuse, while the artist-in-residence program provides artists with studio space and materials to create art. The third Thursday events, held both virtually and in person, engage the general public and highlight the organization's commitment to making art accessible to all. Friends of Materials for the Arts is a vital resource for emerging artists, non-profit arts organizations, and the broader cultural community of New York City.


Official website here: www.mfta.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)

Friends Of Materials For The Arts Inc has received an overall score of 86%, indicating strong performance in accountability and finance. The rating is based entirely on a single beacon score, highlighting the importance of financial integrity within the organization. The charity has a fully independent board, solid financial statements, and no material diversion of assets, showcasing a well-structured governance model.

User reviews from Great Nonprofits reflect high satisfaction with the organization, with multiple 5-star ratings praising its mission and impact. Reviewers commend the charity for its support of arts programming and the resources it provides, which have enabled them to successfully hold events and engage with the community. The positive feedback emphasizes the value the organization adds to New York City's arts nonprofits through its services.

However, there are some areas for improvement noted in the rating data. While the charity excels in many aspects, it is missing policies for whistleblower and document retention, which could enhance transparency and operational sustainability. Despite these limitations, the overall performance and community impact of Friends Of Materials For The Arts Inc are viewed positively by both evaluators and users.


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

Is Friends Of Materials For The Arts Inc legitimate?

Friends Of Materials For The Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Materials For The Arts 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,969

For more financial information, click here


Official website here: www.mfta.org

What is the mission statement of Friends Of Materials For The Arts Inc?

Friends of Materials for the Arts Inc. serves as a platform for private foundations, corporations, and individuals to support the work of Materials for the Arts. This not-for-profit organization's primary mission is to provide educational programs and materials to New York City's arts communities and public schools. Operating since 1978, Materials for the Arts collects donated materials from businesses and individuals, then redistributes them, free of charge, to local non-profit organizations with arts programming and public schools. By doing so, Friends of Materials for the Arts Inc. contributes to fostering creativity and art education in the community.


Official website here: www.mfta.org

Who is the CEO of Friends Of Materials For The Arts Inc?

Tara Sansone is the Chair of Friends Of Materials For The Arts Inc.


Official website here: www.mfta.org

What is the revenue of Friends Of Materials For The Arts Inc?

Friends Of Materials For The Arts Inc's revenue in 2022 was $740,140.


Official website here: www.mfta.org

Who are the executives of Friends Of Materials For The Arts Inc and what are their salaries?

The average compensation at Friends Of Materials For The Arts Inc during 2022 was $16,164. There are 12 employees and 55 volunteers at Friends Of Materials For The Arts Inc.


Here are 16 key members and their salaries:


Andrew Brett Seiken (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott A Resnick (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anelle Miller (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samit Shah (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marla Aaron (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alison Arden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridgett Artise (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mattie Byrneheim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thaddeus T Copeland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Davy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grahame T Hubbard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sumesh Jagtani (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yolanda Shashaty (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Weill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Wong (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Sansone (Executive Director)
  • Compensation: $25,000
  • Related: $0
  • Other: $0


Official website here: www.mfta.org

Where can I find the form 990 for Friends Of Materials For The Arts Inc?

Friends Of Materials For The Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mfta.org

Learn more at the official website: www.mfta.org

Mission Statement of Friends Of Materials For The Arts Inc

Friends of Materials for the Arts Inc, a 501(c)(3) organization, serves as a supportive entity for Materials for the Arts, a unit of the Department of Cultural Affairs in New York City. This not-for-profit organization provides a platform for private foundations, corporations, and individuals to contribute financially towards the work of Materials for the Arts. Since its inception in 1978, Materials for the Arts has been collecting donated materials from businesses and individuals, and then distributes these resources, free of charge, to various non-profit organizations in New York City with arts programming and public schools. By doing so, Friends of Materials for the Arts Inc plays a significant role in enriching the educational programs and fostering creativity in these communities.

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Impact




July, 2024

Friends Of Materials For The Arts Inc has a significant impact on NYC's arts and public school communities through its educational programs and material provision. The organization's Education Center, Artist-in-Residence, Gallery Program, and Third Thursday Program offer a wide range of initiatives that support reuse arts education and promote creative reuse as a viable practice for artists and arts organizations.

By hosting field trips, artist residencies, workshops, and gallery exhibitions, Friends Of Materials For The Arts Inc exposes over 4,200 active member groups and the general public to the work of many artists. The organization's programs, including in-person field trip programs for schools across the five boroughs, residency opportunities for artists, and gallery exhibitions, facilitate hands-on learning and promote environmental sustainability.

Through its collaborative approach and engagement with the general public, Friends Of Materials For The Arts Inc strengthens the work of emerging artists, arts organizations, and the cultural community of New York City. The organization's programming, such as the Third Thursday events, aims to make art accessible to a broad audience and foster a deeper appreciation for reuse and creative practices.

Overall, Friends Of Materials For The Arts Inc plays a crucial role in supporting the arts and education sectors in NYC by providing resources, programming, and opportunities for artists, educators, and students to engage with materials in innovative and meaningful ways.




This information is meant to be a general summary of Friends Of Materials For The Arts 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
$740,140 (2022)
Expenses
$600,417 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,904
  • Program Service Revenue: $266,965
  • Gross Receipts: $852,969

Assets and Liabilities:

  • Total Assets: $835,783
  • Total Liabilities: $26,508
  • Net Assets: $809,275

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Programs

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

WORKSHOP FEES

Revenue

$266,965

Organization Details

Founding Year

1978

Principal Officer

Tara Sansone

Main Address

33-00 NORTHERN BOULEVARD 3RD FL, LONG ISLAND CITY, NY, 111012215

NTEE Category

Code: A40 - Arts

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