Overview
What is The Art Institute Of Austin Aii Llc?
The Art Institute of Austin Aii Llc is a higher education institution situated in Bastrop, Texas. It offers academic programs and certificates in the fields of culinary arts, fashion, and design, ensuring that graduates acquire industry-relevant skills through the use of cutting-edge technology. The institution is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC), demonstrating a commitment to academic quality and student success. During the given period, the average monthly enrollment was 82 students, with 14 students graduating. As a private, multicampus college, its mission is to provide a collaborative academic environment for individuals seeking creative careers through higher education. This is achieved through competency-based programs, incorporating traditional liberal arts, professional education, and management-level competencies, with hands-on instruction. Faculty employs learning-centered methodology to prepare students for entry-level positions in design, media, fashion, and culinary arts fields, as well as lifelong learning.
Official website here: www.artinstitutes.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57% (One-Star out of Four Stars)
The Art Institute Of Austin Aii Llc has received a 57% rating from Charity Navigator, indicating a One-Star designation. This score reflects concerns primarily related to the organization's financial efficiency and program expense ratio, which is notably low. While the charity has a strong accountability framework, including an independent board and comprehensive policies in place, these factors are overshadowed by its performance in utilizing funds for its core mission.
Strengths of the organization include a fully independent board and proper financial oversight, evidenced by high scores in areas such as material diversion of assets and financial statement audits. The organization has effective governance measures, including a conflict of interest policy and a whistleblower policy. However, these strengths do not compensate for the current financial challenges, as indicated by a high liabilities to assets ratio.
Limitations include a low program expense ratio, which suggests that a smaller portion of the charity's budget is allocated to its programs. This raises concerns about the impact and effectiveness of its initiatives. Overall, while The Art Institute Of Austin Aii Llc demonstrates strong governance and transparency, its financial management leaves significant room for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is The Art Institute Of Austin Aii Llc legitimate?
The Art Institute Of Austin Aii Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Art Institute Of Austin Aii Llc 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: $174,893
Professional Fundraising Fees: $0
Other Salaries and Wages: $365,889
For more financial information, click here
Official website here: www.artinstitutes.edu
What is the mission statement of The Art Institute Of Austin Aii Llc?
The Art Institute of Austin Aii Llc's mission is to establish a conducive, collaborative educational environment for individuals pursuing creative careers through higher education. As a private, multi-campus college, it offers competency-based programs, integrating traditional liberal arts, professional education, and management-level competencies with hands-on instruction. Faculty employ learning-centered methodologies to prepare students for entry-level positions in the design, media, fashion, and culinary arts fields, as well as lifelong learning.
Official website here: www.artinstitutes.edu
Who is the CEO of The Art Institute Of Austin Aii Llc?
Denis Yevestifeyev is the Former Chairman of The Art Institute Of Austin Aii Llc.
Official website here: www.artinstitutes.edu
What is the revenue of The Art Institute Of Austin Aii Llc?
The Art Institute Of Austin Aii Llc's revenue in 2022 was $4,060,566.
Official website here: www.artinstitutes.edu
Who are the executives of The Art Institute Of Austin Aii Llc and what are their salaries?
The average compensation at The Art Institute Of Austin Aii Llc during 2022 was $17,445. There are 31 employees and 2 volunteers at The Art Institute Of Austin Aii Llc.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $316,108
- Other: $10,964
- Compensation: $0
- Related: $1,800
- Other: $0
- Compensation: $0
- Related: $1,800
- Other: $0
- Compensation: $0
- Related: $1,200
- Other: $0
- Compensation: $0
- Related: $1,800
- Other: $0
- Compensation: $0
- Related: $1,800
- Other: $0
- Compensation: $0
- Related: $1,800
- Other: $0
- Compensation: $0
- Related: $224,514
- Other: $481
- Compensation: $0
- Related: $209,948
- Other: $6,995
- Compensation: $174,746
- Related: $0
- Other: $147
Official website here: www.artinstitutes.edu
Where can I find the form 990 for The Art Institute Of Austin Aii Llc?
The Art Institute Of Austin Aii Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.artinstitutes.edu
Learn more at the official website: www.artinstitutes.edu
Mission Statement of The Art Institute Of Austin Aii Llc
The Art Institute of Austin AII LLC is committed to providing a high-quality, collaborative academic environment for individuals seeking careers in creative fields. As a private, multicampus college, it offers a range of degrees and diplomas, including bachelor's, associate's, and diploma programs. These programs are competency-based, integrating traditional liberal arts, professional education, and management-level competencies with hands-on instruction. The faculty at The Art Institute of Austin AII LLC utilizes learning-centered methodology to prepare students for entry-level positions in the design, media, fashion, and culinary arts fields. Furthermore, the college aims to foster lifelong learning, ensuring that its students are well-equipped to succeed in their chosen creative careers.
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Impact
July, 2024
The Art Institute Of Austin Aii Llc plays a significant role in providing a quality, collaborative academic environment for individuals seeking creative careers through higher education. With a focus on design, media, fashion, and culinary arts fields, the institution offers accredited programs that prepare students for entry-level positions. Faculty members utilize state-of-the-art technology to ensure graduates acquire industry-relevant skills and training. Through its competency-based approach and hands-on instruction, the Art Institute Of Austin Aii Llc contributes to shaping the future workforce in creative industries.
This information is meant to be a general summary of The Art Institute Of Austin Aii Llc. 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: $2,685
- Program Service Revenue: $2,160,994
- Gross Receipts: $4,060,568
Assets and Liabilities:
- Total Assets: $6,110,062
- Total Liabilities: $4,232,857
- Net Assets: $1,877,205
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$2,160,994
Organization Details
Founding Year
2017
Phone
(412) 588-1685Principal Officer
Denis Yevestifeyev
Main Address
921 MAIN STREET, BASTROP, TX, 78602
Website
www.artinstitutes.eduNTEE Category
Code: B40 - Education
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