Overview
What is Artsmart?
Artsmart is a nonprofit organization situated in Philadelphia, Pennsylvania, with the mission of enriching the lives of youth in underprivileged communities across the United States. They achieve this by offering tuition-free music lessons and mentorship from professional artists. Since its inception in 2016, Artsmart has been operating in eight regions, primarily in Title 1 schools, providing nearly 35,000 music lessons. The organization has compensated its mentors more than $1.4 million for their expertise, demonstrating its commitment to supporting and uplifting aspiring musicians. Artsmart's goal is to contribute to a more vibrant, inclusive, and culturally enriched world by empowering individuals to pursue their artistic dreams.
Official website here: www.artsmart.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Artsmart has received a 76% rating from Charity Navigator, which reflects a strong overall performance in accountability and finance. The organization excels in several areas, particularly in board independence, financial oversight, and feedback collection. With 100% of its board being independent and a high score in program expense ratio, Artsmart demonstrates a commitment to transparency and effective financial management.
Despite these strengths, there are some areas for improvement, especially related to missing policies such as a whistleblower policy and document retention procedures. Additionally, the organization scored lower in the liabilities to assets ratio, indicating some financial risk that could be addressed. Overall, while Artsmart shows a solid commitment to its mission and community engagement, addressing its governance policies could further enhance its credibility.
The high scores in culture and community, as well as equity strategies, suggest that Artsmart is effective in promoting inclusivity and community involvement. However, the absence of certain crucial governance policies raises questions that stakeholders may want to consider when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Artsmart legitimate?
Artsmart is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artsmart 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: $151,569
For more financial information, click here
Official website here: www.artsmart.org
What is the mission statement of Artsmart?
Artsmart, a non-profit organization, aims to enhance the lives of youth in underprivileged communities across the United States. They achieve this by offering tuition-free music lessons and mentorship from professional artists. Since its inception in 2016, Artsmart has been operating in Title 1 schools in eight regions, providing over 35,000 music lessons and compensating their mentors over $1.4 million for their expertise. The mission of Artsmart is to make the world a fuller, more open, and more advanced place by empowering individuals to pursue their dreams in art and music. By providing high-quality music lessons and inspirational performances, Artsmart offers an opportunity to students who would otherwise not be able to afford them.
Official website here: www.artsmart.org
Who is the CEO of Artsmart?
John Viscardi is the Treasurer of Artsmart.
Official website here: www.artsmart.org
What is the revenue of Artsmart?
Artsmart's revenue in 2022 was $527,326.
Official website here: www.artsmart.org
Who are the executives of Artsmart and what are their salaries?
The average compensation at Artsmart during 2022 was $37,892. There are 4 employees at Artsmart.
Here are 10 key members and their salaries:
- Compensation: $26,204
- Related: $0
- Other: $0
- Compensation: $18,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.artsmart.org
Where can I find the form 990 for Artsmart?
Artsmart's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.artsmart.org
Learn more at the official website: www.artsmart.org
Mission Statement of Artsmart
Artsmart, a renowned non-profit organization, is on a mission to transform the lives of youth in under-resourced communities across the United States. They achieve this by offering tuition-free music lessons and mentorship to these young individuals, taught by professional musicians. Since its inception in 2016, Artsmart has been operating in eight regions, providing nearly 35,000 music lessons. Their dedication to this cause has resulted in over 1.4 million dollars in compensation paid to their mentors for their expertise.
Artsmart's mission is driven by a desire to enrich the world, foster openness, and promote advancement. They believe in empowering individuals to pursue their dreams in art and music. Through high-quality music lessons and inspiring performances, Artsmart provides an opportunity for students who may not otherwise be able to afford such experiences. By doing so, they contribute to a more vibrant and culturally rich society.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Artsmart's impact is significant in transforming the lives of youth in under-resourced communities across the US. Since 2016, Artsmart has been operating in 8 regions in Title 1 schools, providing nearly 35,000 music lessons by professional musicians. Additionally, Artsmart has paid out over $1.4 million in compensation to mentors for their expertise, demonstrating a commitment to supporting artists while enriching the lives of students. By offering tuition-free music lessons and mentorship, Artsmart is empowering individuals to pursue their dreams in art and music, making the world fuller, more open, and more advanced for those who may not have had access to such opportunities otherwise.
This information is meant to be a general summary of Artsmart. 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: $22
- Gross Receipts: $527,326
Assets and Liabilities:
- Total Assets: $196,077
- Total Liabilities: $151,441
- Net Assets: $44,636
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2016
Principal Officer
John Viscardi
Main Address
1315 WALNUT ST SUITE 320, PHILADELPHIA, PA, 19107
Website
www.artsmart.orgNTEE Category
Code: A25 - Arts
If you are a representative of Artsmart and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.