Overview
What is Art Resources Transformations Llc?
Art Resources Transformations Llc, based in Akron, Ohio, is a nonprofit organization with a mission to engage diverse audiences with compelling art. They achieve this by curating ongoing exhibitions in underutilized storefronts across the downtown area, transforming them into multimedia art installations. This innovative approach not only showcases artists' work but also offers them opportunities to expand their artistic practices. With a team of three dedicated individuals, Art Resources Transformations Llc is committed to revitalizing local spaces and fostering a vibrant art community in Akron, Ohio.
Official website here: www.curatedstorefront.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73% overall score)
Art Resources Transformations LLC has received a Two-Star rating from Charity Navigator, indicating that there are areas that need significant improvement. While the organization boasts a strong accountability and finance score, it lacks important financial transparency, notably in financial statements and tax form postings on their website.
The organization demonstrates strengths in governance with a fully independent board and has performed well in several metrics, such as maintaining a healthy liabilities to assets ratio and a high program expense ratio of over 78%. This indicates that a substantial portion of their resources is directed toward their programs rather than administrative costs.
Despite these positives, the absence of key policies like a whistleblower policy and document retention and destruction policies raises concerns about overall accountability. The lack of financial statements further hinders a complete understanding of the nonprofit's financial health, contributing to its need for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Art Resources Transformations Llc legitimate?
Art Resources Transformations Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Art Resources Transformations 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: $152,530
For more financial information, click here
Official website here: www.curatedstorefront.com
What is the mission statement of Art Resources Transformations Llc?
Art Resources Transformations LLC strives to introduce captivating art to diverse audiences by implementing a dynamic program of installations, events, and exhibits. This initiative aims to revitalize underutilized buildings and spaces, serving as a platform for artists to expand their practices. One of their notable projects is the Curated Storefront Program, which transforms unused storefronts into multimedia art installations throughout downtown areas. This organization's mission is primarily geared towards providing artists with opportunities for growth and engaging audiences with compelling art experiences.
Official website here: www.curatedstorefront.com
Who is the CEO of Art Resources Transformations Llc?
Richard Rogers is the Executive Di of Art Resources Transformations Llc.
Official website here: www.curatedstorefront.com
What is the revenue of Art Resources Transformations Llc?
Art Resources Transformations Llc's revenue in 2022 was $802,502.
Official website here: www.curatedstorefront.com
Who are the executives of Art Resources Transformations Llc and what are their salaries?
The average compensation at Art Resources Transformations Llc during 2022 was $50,843. There are 3 employees and 20 volunteers at Art Resources Transformations Llc.
Here are 9 key members and their salaries:
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Official website here: www.curatedstorefront.com
Where can I find the form 990 for Art Resources Transformations Llc?
Art Resources Transformations Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.curatedstorefront.com
Learn more at the official website: www.curatedstorefront.com
Mission Statement of Art Resources Transformations Llc
Art Resources Transformations LLC, a nonprofit organization, is committed to bringing compelling art to diverse audiences. They achieve this mission through a dynamic program of installations, events, and exhibits, which revitalize underutilized buildings and spaces in various locations. The organization also provides artists with opportunities to expand their practices, fostering creativity and engagement within the community.
One of Art Resources Transformations LLC's key initiatives is the Curated Storefront Program. This ongoing series of exhibitions activates unused storefronts in downtown Akron, Ohio, transforming them into multimedia art installations. By doing so, the organization not only showcases local and international artists but also contributes to the revitalization of urban spaces, making art accessible to a broad audience.
In summary, Art Resources Transformations LLC is a nonprofit that leverages art as a tool for community engagement and urban revitalization. They achieve this by curating exhibitions in underutilized spaces and providing opportunities for artists to expand their practices, thereby bringing compelling art to diverse audiences.
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Impact
July, 2024
Art Resources Transformations LLC's impact lies in its innovative approach to bringing compelling art to diverse audiences in Akron, Ohio. Through a dynamic program of installations, events, and exhibits, the organization activates underutilized buildings and spaces in the city, transforming them into vibrant hubs of artistic expression. Notably, their Curated Storefront program stands out as a series of ongoing exhibitions that convert unused storefronts into multimedia art installations throughout downtown Akron. By providing artists with opportunities to expand their practices and engaging the community with thought-provoking art experiences, Art Resources Transformations LLC plays a crucial role in revitalizing the cultural landscape of Akron and fostering creativity and growth in the local arts scene.
This information is meant to be a general summary of Art Resources Transformations 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: $333
- Program Service Revenue: $20,161
- Gross Receipts: $802,502
Assets and Liabilities:
- Total Assets: $1,001,607
- Total Liabilities: $1,164
- Net Assets: $1,000,443
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$20,161
Organization Details
Founding Year
2016
Phone
(330) 800-0342Principal Officer
Richard Rogers
Main Address
526 S MAIN STREET NO 503A, AKRON, OH, 44311
Website
www.curatedstorefront.comNTEE Category
Code: A20 - Arts
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