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New York School Of 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: 822273536 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is New York School Of The Arts Inc?

New York School of the Arts Inc, located at 315 East 62nd Street 2nd Floor, New York, NY 10065, is a distinguished educational institution focused on nurturing artistic talent. This nonprofit organization offers an intensive program that spans over two or three years, designed to foster creativity and encourage artistic achievement. The approach is stimulating and thoughtful, with faculty guiding students in their creative practice, introducing new techniques, and aiding them in articulating their artistic vision. The school also offers a Certificate Program, which is a 18-hour-per-week course designed for students to express their creativity and pursue their artistic vision through various classes and subjects. The classes have a low student-teacher ratio and a flexible schedule, ensuring individual attention and convenience. New York School of the Arts Inc offers a comprehensive spectrum of arts educational courses, embracing both traditional and contemporary approaches, as well as experimental techniques. These courses cater to various art disciplines, including painting, drawing, sculpture, printmaking, and art theory, among others. The organization's mission is to provide a nurturing and inspiring environment where artists can develop their skills and pursue their artistic passions.


Official website here: www.newyorkschoolofthearts.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 71% - Two-Star out of Four Star Rating

The New York School of the Arts Inc has received a Two-Star rating from Charity Navigator, which indicates a moderate level of performance in terms of accountability and finance. The organization's strengths lie in its governance practices, as evidenced by a perfect score on several key metrics, including independent board members and conflict of interest policies. The program expense ratio and fundraising efficiency are also commendably high, reflecting a strong commitment to mission-related activities.

However, the organization faces challenges in its financial health, particularly illustrated by a low score in the liabilities to assets ratio. This suggests that the nonprofit may be managing a significant amount of debt relative to its assets, which could impact its long-term sustainability. Additionally, the working capital ratio received a below-average score, indicating potential liquidity issues that could hinder its ability to meet short-term obligations.

Overall, while the New York School of the Arts Inc exhibits solid governance and operational efficiency, it must address its financial ratios to enhance overall performance and rating in the future.


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

Is New York School Of The Arts Inc legitimate?

New York School Of The Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York School Of 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $645,228

For more financial information, click here


Official website here: www.newyorkschoolofthearts.org

What is the mission statement of New York School Of The Arts Inc?

New York School of the Arts Inc serves as an educational institution, providing courses and specialized workshops in various art disciplines such as painting, drawing, sculpture, printmaking, and art theory. Their mission is to foster creativity and inspire artistic achievement among students. They achieve this through their Arts Intensive Program, a comprehensive 2-3 year program that employs a stimulating and thoughtful approach, guiding students in refining their artistic practice by teaching new techniques and helping them articulate their artistic vision. Additionally, the school offers a Certificate Program, a 18-course hour weekly program tailored for students to express their creativity and pursue their artistic vision through a range of classes and subjects. The school maintains a low student-teacher ratio and offers flexible schedules to ensure an optimal learning environment for its students. The curriculum at New York School of the Arts Inc encompasses a broad spectrum of arts educational courses, considering traditional, contemporary, and experimental approaches.


Official website here: www.newyorkschoolofthearts.org

Who is the CEO of New York School Of The Arts Inc?

Elizabeth Lawrence is the Executive Director of New York School Of The Arts Inc.


Official website here: www.newyorkschoolofthearts.org

What is the revenue of New York School Of The Arts Inc?

New York School Of The Arts Inc's revenue in 2022 was $2,025,168.


Official website here: www.newyorkschoolofthearts.org

Who are the executives of New York School Of The Arts Inc and what are their salaries?

The average compensation at New York School Of The Arts Inc during 2022 was $30,725. There are 21 employees at New York School Of The Arts Inc.


Here are 6 key members and their salaries:


Maurizio Pellegrin (Executive Director)
  • Compensation: $187,500
  • Related: $0
  • Other: $46,071
Elizabeth Lawrence (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Schottenstein (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric J Grannis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Stopper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meredith Burns (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newyorkschoolofthearts.org

Where can I find the form 990 for New York School Of The Arts Inc?

New York School Of The Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newyorkschoolofthearts.org

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

Mission Statement of New York School Of The Arts Inc

New York School of the Arts Inc, as a renowned institution, is committed to providing comprehensive courses and specialized workshops in various art disciplines such as painting, drawing, sculpture, printmaking, and art theory. Their mission, in essence, is to foster creativity and inspire artistic achievement among its students. The school employs a stimulating and thoughtful approach, with faculty serving as guides to help students refine their artistic practice. This includes introducing new techniques and aiding students in articulating their unique artistic vision.

Beyond its core programs, New York School of the Arts Inc also offers a certificate program designed for students seeking to express their creativity and pursue their artistic vision. This program, which involves 18 hours of coursework per week, is structured to provide a flexible schedule and low student-to-teacher ratios, ensuring individual attention and focused learning. The school's curriculum encompasses a broad spectrum of art educational courses, considering both traditional and contemporary approaches as well as experimental methods. This comprehensive approach allows students to explore various artistic styles and methods, ultimately helping them develop a well-rounded artistic perspective.

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Impact




July, 2024

New York School Of The Arts Inc's impact lies in its ability to cultivate creativity and artistic achievement through its diverse range of courses and specialized workshops. By offering programs like the Arts Intensive Program and Certificate Program, the school provides students with the necessary guidance and resources to expand and articulate their artistic vision. With a focus on teaching new techniques and fostering creativity, the New York School Of The Arts Inc plays a vital role in nurturing the next generation of artists, contributing to the cultural enrichment and artistic development of the community.




This information is meant to be a general summary of New York School Of 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
$2,025,168 (2022)
Expenses
$1,989,408 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $606,318
  • Gross Receipts: $2,025,168

Assets and Liabilities:

  • Total Assets: $1,826,070
  • Total Liabilities: $1,171,506
  • Net Assets: $654,564

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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

$606,318

Organization Details

Founding Year

2017

Principal Officer

Elizabeth Lawrence

Main Address

315 EAST 62ND STREET 2ND FLOOR, NEW YORK, NY, 10065

NTEE Category

Code: B28 - Education

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