Overview
What is Urban Content Studios?
Urban Content Studios is a vibrant nonprofit organization situated in Detroit, Michigan. Their primary focus is to foster and encourage creative entrepreneurship, serving as both an incubator and an accelerator. Their mission is unique, as they aim to create authentic content that truly resonates with the community, produced by the community itself. This approach allows them to connect with their local audience on a deeper level, fostering a sense of community and engagement. Their work is carried out from their headquarters located at 16500 TIREMAN AVE, Detroit, MI, 48228.
Official website here: www.urbancontentstudios.com/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 41% (Zero-Star out of Four Star Rating)
Urban Content Studios has received a low rating of 41% from Charity Navigator, indicating significant concerns regarding its financial accountability and governance. The organization does not have any independent board members, which is a crucial factor in maintaining transparency and objectivity in decision-making processes. Additionally, the charity has several missing policies, including conflict of interest and whistleblower policies, which are vital for ethical operations.
On a positive note, Urban Content Studios has demonstrated a strong commitment to its program expenses, with a program expense ratio of 95.05%, meaning that a large portion of its expenditures goes directly towards its mission-related activities. However, the organization faces serious financial health concerns, as indicated by a liabilities to assets ratio of 235.33%, suggesting potential financial instability.
Overall, while Urban Content Studios shows efficacy in its programming, the absence of independent oversight and critical governance policies raises significant red flags regarding its operational integrity and long-term sustainability. Prospective donors should carefully consider these factors before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Urban Content Studios legitimate?
Urban Content Studios is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Content Studios 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.
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Official website here: www.urbancontentstudios.com/
What is the mission statement of Urban Content Studios?
Urban Content Studios, as an incubator and accelerator for creative entrepreneurship, strives to produce authentic content that resonates with the community. This is achieved by empowering the community itself to contribute to the content creation process. In essence, the mission of Urban Content Studios is to foster a platform where community-driven content is developed and shared.
Official website here: www.urbancontentstudios.com/
What is the revenue of Urban Content Studios?
Urban Content Studios's revenue in 2021 was $470,075.
Official website here: www.urbancontentstudios.com/
Who are the executives of Urban Content Studios and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.urbancontentstudios.com/
Where can I find the form 990 for Urban Content Studios?
Urban Content Studios's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.urbancontentstudios.com/
Learn more at the official website: www.urbancontentstudios.com/
Mission Statement of Urban Content Studios
Urban Content Studios, an incubator and accelerator for creative entrepreneurship, is dedicated to its mission of generating authentic content for the community, by the community. This mission statement signifies the organization's commitment to empowering local creators to produce content that resonates with their community, fostering a sense of unity and representation. By investing in creative entrepreneurs, Urban Content Studios aims to create a platform that allows diverse voices to be heard and celebrated, ultimately enriching the community as a whole.
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Impact
July, 2024
Urban Content Studios is making a significant impact by empowering creative entrepreneurs in Detroit to produce authentic content that resonates with the community. By fostering a supportive environment for local artists and storytellers, Urban Content Studios is not only nurturing artistic talent but also giving a platform for underrepresented voices to be heard. Through their focus on creating content by the community, for the community, they are helping to amplify diverse narratives and drive positive change in the cultural landscape. Their commitment to promoting arts and creative expression is enriching the local community and fostering a sense of pride and identity among residents.
This information is meant to be a general summary of Urban Content Studios. 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 2021.
- Program Service Revenue: $470,075
- Gross Receipts: $470,075
Assets and Liabilities:
- Total Assets: $63,696
- Total Liabilities: $149,900
- Net Assets: -$86,204
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$470,075
Organization Details
Founding Year
2018
Principal Officer
Shawn Wilson
Website
www.urbancontentstudios.com/NTEE Category
Code: A31 - Arts
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