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Basin Arts

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 823669789 ✦ Lafayette, LA ✦ Designated as a 501(c)(3)

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Overview

What is Basin Arts?

Basin Arts, based in Lafayette, Louisiana, is a nonprofit organization situated at 113 Clinton St. Their primary mission is to foster artistic expression among various generations within the local community. By offering low-cost visual arts and dance classes, Basin Arts enables individuals to learn from professional instructors, promoting physical expression and creativity. With a wide range of dance classes, Basin Arts has contributed significantly to the community, conducting over 600 classes that generated approximately $40,000 in revenue. Despite the limited information provided, it's clear that Basin Arts is committed to enhancing the artistic identity of its community. Their team consists of just two dedicated individuals.


Official website here: www.basinartslafayette.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75%, Three-Star out of Four Star rating.

Basin Arts has received a Three-Star rating from Charity Navigator, indicating a fair level of accountability and financial health. The rating is based entirely on its Accountability & Finance score, which stands at 75%. This score reflects the organization's commitment to transparency and effective governance, as evidenced by its independent board members and policies addressing conflicts of interest, whistleblower protections, and document retention.

The organization demonstrates strong governance practices, achieving full scores in several key areas, including having a majority of independent board members and no material diversion of assets. However, it has room for improvement in its Program Expense Ratio, which is currently at 52.67%, suggesting that a significant portion of its expenses may not be directed towards its programs and services. This could impact its overall effectiveness in fulfilling its mission.

Overall, Basin Arts shows a solid commitment to accountability, but potential donors and stakeholders may want to consider its program efficiency when evaluating the organization’s capacity to achieve its stated goals. The organization’s financial practices are commendable, yet a higher focus on program expenditures could enhance its impact in the community.


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

Is Basin Arts legitimate?

Basin Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Basin Arts 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: $10,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,412

For more financial information, click here


Official website here: www.basinartslafayette.com

What is the mission statement of Basin Arts?

Basin Arts, as an organization, is committed to fostering artistic expression across various generations. Their mission is to strengthen the artistic identity of the local community by providing ample opportunities for creative engagement. Through their initiatives, they aim to bridge the gap between different generations and encourage the growth of a vibrant and diverse artistic culture. Basin Arts accomplishes this by offering affordable visual arts and dance classes, led by skilled instructors. These classes not only serve as a platform for learning but also promote physical expression and creativity. In the past year, Basin Arts has conducted around 600 classes, generating over $40,000 in revenue, thereby contributing to the local artistic scene.


Official website here: www.basinartslafayette.com

Who is the CEO of Basin Arts?

Clare Cook is the Director of Basin Arts.


Official website here: www.basinartslafayette.com

What is the revenue of Basin Arts?

Basin Arts's revenue in 2022 was $204,263.


Official website here: www.basinartslafayette.com

Who are the executives of Basin Arts and what are their salaries?

The average compensation at Basin Arts during 2022 was $19,206. There are 2 employees at Basin Arts.


Here are 8 key members and their salaries:


Clare Cook (Director)
  • Compensation: $10,000
  • Related: $0
  • Other: $0
Johanna Divine (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Kieu (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Kreuger (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Fox (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maren Rosen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drake Leblanc (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Choate (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.basinartslafayette.com

Where can I find the form 990 for Basin Arts?

Basin Arts's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.basinartslafayette.com

Learn more at the official website: www.basinartslafayette.com

Mission Statement of Basin Arts

Basin Arts, a nonprofit organization, is dedicated to fostering artistic expression among various generations. Its mission is to elevate the artistic identity of the local community by providing ample opportunities for self-expression. Through its initiatives, Basin Arts seeks to engage both young and seasoned artists, promoting a vibrant and diverse artistic landscape.

To achieve this goal, Basin Arts offers a variety of low-cost visual arts and dance classes. These classes are taught by professional-level instructors, ensuring a high standard of instruction and skill development. The organization's dance classes, in particular, help students hone their physical expression, fostering a deeper connection with their artistic selves.

In the past year, Basin Arts provided over 600 such classes, generating approximately $40,000 in revenue. This revenue, while a testament to the organization's popularity, is merely a byproduct of its primary mission: to enrich the artistic landscape of its community by empowering individuals to express themselves creatively.

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Impact




October, 2024

Basin Arts significantly enriches the local community by providing low-cost visual arts and dance classes that foster artistic expression across generations. With a focus on enhancing the area's artistic identity, Basin Arts offers a diverse range of dance classes taught by professional instructors, facilitating both physical expression and artistic growth. In just one year, the organization delivered 600 classes and generated over $40,000 in revenue, showcasing its commitment to accessible arts education. This impactful initiative not only nurtures individual creativity but also strengthens community ties through shared artistic experiences in Lafayette, Louisiana.




This information is meant to be a general summary of Basin Arts. 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
$204,263 (2022)
Expenses
$194,980 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $397
  • Program Service Revenue: $105,610
  • Gross Receipts: $204,263

Assets and Liabilities:

  • Total Assets: $63,758
  • Total Liabilities: $5,999
  • Net Assets: $57,759

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BARE Walls

Revenue

$42,603

Class Income

Revenue

$43,938

Outreach Classes

Revenue

$1,120

Studio Rentals

Revenue

$17,549

Performance Fees

Revenue

$400

Organization Details

Founding Year

2018

Principal Officer

Clare Cook

Main Address

113 Clinton St, Lafayette, LA, 70501

NTEE Category

Code: A20 - Arts

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