Overview
What is Minnesota Street Project Foundation?
The Minnesota Street Project Foundation, based in San Francisco, California, is a nonprofit organization dedicated to bolstering the local arts community. This is achieved through various initiatives, including unique collaborations, public exhibitions, capacity-building programming, artistic incubation, and direct grants and support for artists. The foundation's mission is to foster a vibrant artistic ecosystem in the San Francisco Bay Area by providing space for art and artists and nurturing a campus environment essential for a thriving creative sector. With a team of eight employees, the organization operates as a non-collecting, contemporary art museum, offering experimental exhibitions, programming, and social opportunities, committed to transparency and constant reinvention in the field of contemporary art.
Official website here: www.minnesotastreetproject.com/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Minnesota Street Project Foundation has received an 81% rating from Charity Navigator, which reflects its solid performance in accountability and finance. This rating is based entirely on the organization's accountability metrics, showcasing a strong commitment to transparency and governance practices. The foundation's independent board comprises entirely independent members, indicating a robust oversight mechanism.
Strengths identified include a perfect score in several areas, such as material diversion of assets, conflict of interest policies, and the presence of a whistleblower policy. Furthermore, the organization efficiently allocates approximately 80.90% of its expenses directly to its programs, demonstrating a focus on impactful spending. The liabilities to assets ratio stands at a healthy 48.41%, which suggests a manageable level of debt relative to its resources.
However, the data does not indicate any specific weaknesses beyond the overall score, which leaves room for improvement in areas outside of accountability and finance metrics. The compensation for key personnel, such as the CEO, is noted, with Madison Cario earning $125,120, while other leadership roles receive no reported salary. Overall, the Minnesota Street Project Foundation appears to be a well-managed organization with a strong financial footing and a clear commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Minnesota Street Project Foundation?
72% of 736 reviewers on Facebook recommend Minnesota Street Project Foundation. Here is a summary of their reviews:
Many people appreciate the foundation's welcoming environment and the dedicated staff, highlighting the positive atmosphere as a significant asset. One user noted that the layout of the space is well thought out, contributing to a pleasant experience during their visit.
However, there are some concerns regarding service speed, particularly mentioning that service can be slow if guests choose to dine at the restaurant located on the ground floor. Overall, while the nonprofit may excel in creating a friendly and engaging community, attention to service efficiency could enhance the overall visitor experience.
This AI summary has been generated from reviews found on Facebook.
Is Minnesota Street Project Foundation legitimate?
Minnesota Street Project Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minnesota Street Project Foundation 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: $534,052
For more financial information, click here
Official website here: www.minnesotastreetproject.com/foundation
What is the mission statement of Minnesota Street Project Foundation?
The Minnesota Street Project Foundation's mission is centered around strengthening the artistic community. They achieve this by engaging in unique collaborations, hosting public exhibitions, providing capacity building programs, fostering artistic incubation, and offering direct grants and support to artists. The organization is committed to providing spaces for art and artists, aiming to create a campus environment that is conducive to a thriving creative sector.
Official website here: www.minnesotastreetproject.com/foundation
Who is the CEO of Minnesota Street Project Foundation?
Deborah Rappaport is the Ceo of Minnesota Street Project Foundation. The CEO's salary of Minnesota Street Project Foundation is $0 and their total compensation is $125,120.
Official website here: www.minnesotastreetproject.com/foundation
What is the revenue of Minnesota Street Project Foundation?
Minnesota Street Project Foundation's revenue in 2022 was $1,508,319.
Official website here: www.minnesotastreetproject.com/foundation
Who are the executives of Minnesota Street Project Foundation and what are their salaries?
The average compensation at Minnesota Street Project Foundation during 2022 was $66,756. There are 8 employees and 3 volunteers at Minnesota Street Project Foundation.
Here are 3 key members and their salaries (Minnesota Street Project Foundation's CEO's salary is $0 and their total compensation is $125,120):
- Compensation: $0
- Related: $125,120
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.minnesotastreetproject.com/foundation
Where can I find the form 990 for Minnesota Street Project Foundation?
Minnesota Street Project Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.minnesotastreetproject.com/foundation
Learn more at the official website: www.minnesotastreetproject.com/foundation
Mission Statement of Minnesota Street Project Foundation
The Minnesota Street Project Foundation is committed to enhancing the artistic community in the San Francisco Bay Area. Their mission involves strengthening the health and vitality of this artistic ecosystem through various means. They achieve this by fostering unique collaborations, hosting public exhibitions, providing capacity building programming, supporting artistic incubation, and offering direct grants and assistance to artists. The organization's goal is to provide a conducive space for art and artists, nurturing an environment that is fundamental to a thriving creative sector.
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Impact
July, 2024
Minnesota Street Project Foundation's impact is felt through its dedicated efforts to strengthen the artistic ecosystem of the San Francisco Bay Area. By providing unique collaborations, public exhibitions, capacity building programs, artistic incubation, and direct grants and support of artists, the organization plays a crucial role in nurturing a campus environment that is fundamental to a thriving creative sector. Through its work, Minnesota Street Project Foundation contributes to the health and vitality of the arts community in the region, fostering innovation and creativity in contemporary art.
This information is meant to be a general summary of Minnesota Street Project Foundation. 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: $1
- Program Service Revenue: $7,426
- Gross Receipts: $1,508,319
Assets and Liabilities:
- Total Assets: $1,260,424
- Total Liabilities: $610,200
- Net Assets: $650,224
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER INCOME
Revenue
$7,426
Organization Details
Founding Year
2019
Phone
(415) 243-0825Principal Officer
Deborah Rappaport
Main Address
1150 25TH STREET, SAN FRANCISCO, CA, 94107
NTEE Category
Code: A20 - Arts
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