Overview
What is The Arts Institute Of Virginia Beach Aii Llc?
The Arts Institute of Virginia Beach Aii Llc is a higher education institution situated in Virginia Beach, Virginia. It specializes in offering academic programs and certificates in various fields such as culinary arts, fashion, media, and design. Accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC), the institution is dedicated to academic quality and student success. The faculty employs advanced technology to equip graduates with industry-relevant skills and training. With an average monthly enrollment of 97 students and 24 graduates during the specified period, the institution's mission is to prepare students for careers in creative fields, integrating conceptual, analytical, and technical skills. It offers education by qualified professionals and supports students in career entry, placement, and growth in their respective fields.
Official website here: www.artinstitutes.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, earning it a Two-Star out of Four Star rating.
The Arts Institute of Virginia Beach has received a Two-Star rating from Charity Navigator, indicating a level of concern regarding its financial management and accountability. While the organization excels in governance practices, including having a fully independent board and robust policies for conflict of interest and whistleblowing, its financial performance raises red flags. The organization struggles with a low program expense ratio, suggesting that a significant portion of its budget may not be directed towards its core mission.
The accountability and finance score of 61 demonstrates that while there are strong governance mechanisms in place, financial efficiency is lacking. The liabilities to assets ratio indicates potential financial vulnerability, which could impact the nonprofit's long-term sustainability. This may be a critical concern for potential donors who prioritize financial health when considering contributions.
Despite these limitations, the nonprofit has shown transparency through its documented board meeting minutes and compliance with record-keeping practices. For supporters and stakeholders, it's essential to weigh these organizational strengths against the financial challenges highlighted by the rating.
This AI summary has been generated from information found on Charity Navigator.
Is The Arts Institute Of Virginia Beach Aii Llc legitimate?
The Arts Institute Of Virginia Beach Aii Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Arts Institute Of Virginia Beach 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $581,580
For more financial information, click here
Official website here: www.artinstitutes.edu
What is the mission statement of The Arts Institute Of Virginia Beach Aii Llc?
The Arts Institute of Virginia Beach Aii Llc, as a branch campus of The Art Institute of Atlanta Aii Llc, serves as a private multi-campus college specializing in creative professional studies. Its mission is to prepare students for careers in design, media arts, culinary arts, and management within creative fields. This is achieved by providing an educational environment that aligns with evolving technologies and the global marketplace. The institution measures its success through three key aspects: offering a comprehensive curriculum integrating conceptual, analytical, and technical skills; delivering education by qualified professionals; and assisting and preparing students for career entry, placement, and growth in their respective fields.
Official website here: www.artinstitutes.edu
Who is the CEO of The Arts Institute Of Virginia Beach Aii Llc?
Denis Yevstifeyev is the Former Chairman Of The Board of The Arts Institute Of Virginia Beach Aii Llc.
Official website here: www.artinstitutes.edu
What is the revenue of The Arts Institute Of Virginia Beach Aii Llc?
The Arts Institute Of Virginia Beach Aii Llc's revenue in 2022 was $3,959,542.
Official website here: www.artinstitutes.edu
Who are the executives of The Arts Institute Of Virginia Beach Aii Llc and what are their salaries?
The average compensation at The Arts Institute Of Virginia Beach Aii Llc during 2022 was $13,525. There are 43 employees and 1 volunteer at The Arts Institute Of Virginia Beach 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: $1,800
- 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: $0
- Related: $230,841
- Other: $16,711
Official website here: www.artinstitutes.edu
Where can I find the form 990 for The Arts Institute Of Virginia Beach Aii Llc?
The Arts Institute Of Virginia Beach 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 Arts Institute Of Virginia Beach Aii Llc
The Arts Institute of Virginia Beach AII LLC, as a branch campus of the Art Institute of Atlanta AII LLC, serves as a private multi-campus college dedicated to professional studies in creative fields. Its mission is to prepare students for successful careers in design, media arts, culinary arts, and management. The institute achieves this goal by providing an educational environment consistent with evolving technologies and the global marketplace.
The success of The Arts Institute of Virginia Beach AII LLC is measured by its ability to offer a comprehensive curriculum that integrates conceptual, analytical, and technical skills. The faculty, comprised of qualified professionals, delivers this education, ensuring students are well-equipped for career entry, placement, and growth in their respective fields. The institute's mission focuses on providing a well-rounded educational experience, fostering the development of both artistic and practical skills that are essential for success in the creative industries.
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Impact
July, 2024
The Arts Institute of Virginia Beach Aii LLC, a branch campus of The Art Institute of Atlanta Aii LLC, plays a crucial role in preparing students for careers in design, media arts, culinary arts, and management in creative fields. By providing a comprehensive curriculum that integrates conceptual, analytical, and technical skills, along with education by qualified professionals, this institution assists and prepares students for career entry, placement, and growth in their respective fields. Through its academic programs and certificates accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC), The Arts Institute of Virginia Beach Aii LLC ensures that graduates receive industry-relevant skills and training using state-of-the-art technology. Its impact can be seen in the success of its students as they pursue and excel in their chosen creative professions.
This information is meant to be a general summary of The Arts Institute Of Virginia Beach 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: $1,894
- Program Service Revenue: $2,571,555
- Gross Receipts: $3,959,564
Assets and Liabilities:
- Total Assets: $3,146,507
- Total Liabilities: $1,980,327
- Net Assets: $1,166,180
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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
$2,568,497
AUXILIARY SALES AND SE
Revenue
$3,058
Organization Details
Founding Year
2017
Phone
(412) 588-1685Principal Officer
Denis Yevstifeyev
Main Address
4500 MAIN ST TWO COLUMBUS CTR, VIRGINIA BEACH, VA, 23462
Website
www.artinstitutes.eduNTEE Category
Code: B28 - Education
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