Overview
What is Artists Reenvisioning Tomorrow Inc?
Artists Reenvisioning Tomorrow Inc, or ART Inc., is a nonprofit organization situated in Peoria, Illinois. Their mission is to inspire and empower the community by integrating arts, education, and culture into their initiatives. This is achieved by positively impacting the community, particularly children and youth, regardless of their financial capabilities, through various programs. Based in 919 NE Jefferson Street, the organization boasts a dedicated workforce of 40 individuals, all committed to enriching the community's quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Artists Reenvisioning Tomorrow Inc has earned an overall rating of 83%, reflecting a solid level of accountability and financial performance. This rating is primarily based on high scores in both Accountability & Finance and Culture & Community. The organization boasts a fully independent board and shows strong oversight mechanisms, with no reported material diversion of assets and comprehensive conflict of interest and whistleblower policies in place.
The financial health of the organization also appears robust, with a program expense ratio of 68.31%, indicating that a significant portion of its expenditures goes directly to its programs. However, the liabilities to assets ratio stands at 62.18%, which suggests a moderate level of debt relative to its assets. While this is not uncommon among nonprofits, it could warrant further monitoring to ensure long-term sustainability.
In terms of culture and community, the organization scored an 81%, highlighting a commitment to equitable strategies. Overall, Artists Reenvisioning Tomorrow Inc demonstrates a strong commitment to operational integrity and community impact, though it should remain vigilant in managing financial liabilities.
This AI summary has been generated from information found on Charity Navigator.
Is Artists Reenvisioning Tomorrow Inc legitimate?
Artists Reenvisioning Tomorrow Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artists Reenvisioning Tomorrow 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: $526,241
For more financial information, click here
What is the mission statement of Artists Reenvisioning Tomorrow Inc?
Artists Reenvisioning Tomorrow Inc, often referred to as ART, Inc., is dedicated to inspiring and empowering the community through the mediums of arts, education, and culture. Their mission is to enrich the lives of individuals, particularly children and youth, by improving their quality of life, regardless of their financial capabilities, through various programming initiatives. This is achieved by enhancing the community's access to arts and cultural experiences, as well as providing educational opportunities that foster personal growth and development.
Who is the CEO of Artists Reenvisioning Tomorrow Inc?
Marsha Romain is the Director of Artists Reenvisioning Tomorrow Inc. The CEO's salary of Artists Reenvisioning Tomorrow Inc is $0 and their total compensation is $0.
What is the revenue of Artists Reenvisioning Tomorrow Inc?
Artists Reenvisioning Tomorrow Inc's revenue in 2022 was $1,020,496.
Who are the executives of Artists Reenvisioning Tomorrow Inc and what are their salaries?
The average compensation at Artists Reenvisioning Tomorrow Inc during 2022 was $13,156. There are 40 employees and 47 volunteers at Artists Reenvisioning Tomorrow Inc.
Here are 12 key members and their salaries (Artists Reenvisioning Tomorrow Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Artists Reenvisioning Tomorrow Inc?
Artists Reenvisioning Tomorrow Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Artists Reenvisioning Tomorrow Inc
Artists Reenvisioning Tomorrow Inc, often referred to as ART, Inc., is dedicated to inspiring and empowering the community through the mediums of arts, education, and culture. Their mission is to positively impact the lives of individuals, particularly children and youth, by improving their quality of life. This is achieved through the implementation of various programs, irrespective of an individual's ability to pay. The organization's objective is to uplift and strengthen the community as a whole, fostering an environment where creativity and knowledge thrive.
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Impact
July, 2024
Artists Reenvisioning Tomorrow Inc, also known as ART, Inc., has a significant impact on the community of Peoria, Illinois. Through their programs focused on arts, education, and culture, ART, Inc. inspires and empowers individuals, especially children and youth, regardless of their ability to pay. By enhancing the quality of life through their offerings, ART, Inc. plays a vital role in fostering creativity, personal development, and community engagement in Peoria.
This information is meant to be a general summary of Artists Reenvisioning Tomorrow 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.
- Program Service Revenue: $67,001
- Gross Receipts: $1,020,496
Assets and Liabilities:
- Total Assets: $572,815
- Total Liabilities: $356,188
- Net Assets: $216,627
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER REVENUE
Revenue
$1,079
PROGRAM INCOME
Revenue
$65,922
Organization Details
Founding Year
2017
Phone
(309) 713-3744Principal Officer
Marsha Romain
Main Address
919 NE JEFFERSON STREET, PEORIA, IL, 61604
NTEE Category
Code: A25 - Arts
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