Overview
What is Artolution Inc?
Artolution Inc is a nonprofit organization that fosters social change globally by integrating arts and community welfare. They execute international, collaborative art projects, serving as a platform for diverse individuals to unite and tackle shared social issues. By facilitating artistic collaborations worldwide, Artolution aims to alleviate trauma stemming from conflicts and supports organizations and individuals in achieving similar goals. Their mission is to catalyze positive societal transformation through these community-driven artistic ventures.
Official website here: www.artolution.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating. This rating indicates that while Artolution Inc demonstrates some strong practices concerning governance and financial health, there are areas needing improvement, particularly in transparency and accountability.
The organization has a solid independent board composition, with 81% of its members being independent, which is favorable for governance. Additionally, Artolution shows a low material diversion of assets and a healthy liabilities to assets ratio of 10.77%. The program expense ratio is also commendable at 68.15%, suggesting that a significant portion of its budget is directed towards its programs rather than administrative costs.
However, notable weaknesses include missing policies for whistleblower protection and document retention, both of which are critical for organizational transparency and accountability. Addressing these issues would enhance Artolution’s overall rating and stakeholder trust, providing a clearer view of its operations and commitment to ethical practices.
This AI summary has been generated from information found on Charity Navigator.
Is Artolution Inc legitimate?
Artolution Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artolution 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: $166,695
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,708
For more financial information, click here
Official website here: www.artolution.org
What is the mission statement of Artolution Inc?
Artolution Inc's mission is centered around promoting social welfare and fostering positive change globally. They achieve this by utilizing arts as a medium, leading international, community-based art projects. By facilitating collaborative art-making sessions, Artolution aims to bring diverse individuals together, encouraging them to address common social concerns. The organization's projects are designed to help alleviate trauma caused by conflict and assist various organizations and individuals in achieving similar objectives.
Official website here: www.artolution.org
Who is the CEO of Artolution Inc?
Joel Bergner is the Co-Founder, Ceo of Artolution Inc. The CEO's salary of Artolution Inc is $86,679 and their total compensation is $86,679.
Official website here: www.artolution.org
What is the revenue of Artolution Inc?
Artolution Inc's revenue in 2022 was $855,309.
Official website here: www.artolution.org
Who are the executives of Artolution Inc and what are their salaries?
The average compensation at Artolution Inc during 2022 was $69,801. There are 3 employees at Artolution Inc.
Here are 11 key members and their salaries (Artolution Inc's CEO's salary is $86,679 and their total compensation is $86,679):
- Compensation: $86,679
- Related: $0
- Other: $0
- Compensation: $80,016
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.artolution.org
Where can I find the form 990 for Artolution Inc?
Artolution Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.artolution.org
Learn more at the official website: www.artolution.org
Mission Statement of Artolution Inc
Artolution Inc, a nonprofit organization, is committed to fostering social change and promoting welfare through the power of arts. Their mission is to ignite positive transformation globally by championing arts and social welfare. Artolution accomplishes this goal through community-based international art projects. By facilitating collaborative art-making sessions, they connect diverse individuals from around the world, enabling them to work together towards common social objectives. This unique approach allows Artolution to help alleviate the trauma caused by conflict and support other organizations and individuals in achieving similar objectives. Ultimately, Artolution's mission is to harness the transformative power of art to foster understanding, unity, and positive social change.
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Impact
July, 2024
Artolution Inc ignites positive social change by promoting arts and social welfare through international, community-based art projects. The organization facilitates collaborative art making around the world, connecting diverse peoples to address common social objectives. Through their projects, Artolution engages members of the community to alleviate trauma caused by conflict and assists organizations and individuals in accomplishing similar purposes.
This information is meant to be a general summary of Artolution 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: $325
- Gross Receipts: $855,309
Assets and Liabilities:
- Total Assets: $184,933
- Total Liabilities: $19,932
- Net Assets: $165,001
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Organization Details
Founding Year
2016
Phone
(917) 864-1997Principal Officer
Joel Bergner
Main Address
1130 BEDFORD AVE BOX 29, BROOKLYN, NY, 11216
Website
www.artolution.orgNTEE Category
Code: A20 - Arts
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