Overview
What is Metropolitan Arts Institute Inc?
Metropolitan Arts Institute Inc, located in Phoenix, Arizona, is a nonprofit organization that offers integrated academic and artistic educational programs to around 250 students. The institute is committed to catering to students who exhibit a passion, interest, and aptitude in the arts. It provides them with a rigorous academic curriculum, incorporating individualized performance-based assessment activities. The institution, with a workforce of 30 employees, aims to nurture and empower these talent-driven students, fostering their artistic growth and academic excellence.
Official website here: www.metro-arts.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Metropolitan Arts Institute Inc has achieved a commendable Four-Star rating on Charity Navigator, reflecting its strong performance in Accountability and Finance with a score of 92%. This high rating indicates that the organization is effectively managing its resources, with a significant emphasis on fiscal responsibility as evidenced by a program expense ratio of 93.55%, meaning that the majority of its expenses are directed towards its programs rather than administrative costs.
The organization boasts a predominantly independent board, with 60% of its members meeting this criterion. Additionally, it has received full marks for its financial audits and the absence of any material asset diversions, highlighting a high level of integrity in its financial practices. However, the absence of a whistleblower policy is noted as a limitation, suggesting potential areas for improvement in governance and transparency.
Overall, Metropolitan Arts Institute Inc demonstrates a strong commitment to accountability and effective use of funds, making it a reliable option for donors looking to support arts education initiatives. While there are minor governance issues that could be addressed, the overall financial health and program focus of the organization present a positive picture.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Metropolitan Arts Institute Inc?
94% of 32 reviewers on Facebook recommend Metropolitan Arts Institute Inc. Here is a summary of their reviews:
Many parents and former students express strong appreciation for the school, often highlighting its lasting positive impact over the years. One notable review celebrates the continued family connection, as a parent reflects on their own experience and now sees their child thriving in the same environment. This sentiment of loyalty and satisfaction is echoed throughout multiple accounts.
Overall, the feedback indicates a deep-rooted trust in the institution, showcasing a strong community bond and consistent quality in the educational services provided. It's clear that the school successfully meets the expectations of its students and their families, earning their recommendations year after year.
This AI summary has been generated from reviews found on Facebook.
Is Metropolitan Arts Institute Inc legitimate?
Metropolitan Arts Institute Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Arts Institute 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: $387,139
Professional Fundraising Fees: $0
Other Salaries and Wages: $941,528
For more financial information, click here
Official website here: www.metro-arts.org
What is the mission statement of Metropolitan Arts Institute Inc?
Metropolitan Arts Institute Inc is committed to providing an opportunity for students with a passion for the arts. The institution offers a rigorous academic program, tailored to each student's ability and interest in the arts. The school's mission is to provide these students with individualized performance-based assessments as part of their education. Approximately 250 students benefit from the integrated academic and artistic educational programs offered by the institute.
Official website here: www.metro-arts.org
Who is the CEO of Metropolitan Arts Institute Inc?
John Perovich is the President of Metropolitan Arts Institute Inc.
Official website here: www.metro-arts.org
What is the revenue of Metropolitan Arts Institute Inc?
Metropolitan Arts Institute Inc's revenue in 2022 was $2,768,436.
Official website here: www.metro-arts.org
Who are the executives of Metropolitan Arts Institute Inc and what are their salaries?
The average compensation at Metropolitan Arts Institute Inc during 2022 was $44,289. There are 30 employees at Metropolitan Arts Institute Inc.
Here are 8 key members and their salaries:
- Compensation: $141,492
- Related: $0
- Other: $18,276
- Compensation: $75,413
- Related: $0
- Other: $9,151
- Compensation: $68,095
- Related: $0
- Other: $9,483
- Compensation: $66,318
- Related: $0
- Other: $0
- Compensation: $32,146
- Related: $0
- Other: $0
- Compensation: $3,675
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.metro-arts.org
Where can I find the form 990 for Metropolitan Arts Institute Inc?
Metropolitan Arts Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.metro-arts.org
Learn more at the official website: www.metro-arts.org
Mission Statement of Metropolitan Arts Institute Inc
Metropolitan Arts Institute Inc is committed to providing an exceptional educational experience for students who exhibit a passion, interest, and talent in the arts. The institution's mission is to offer these students an academically rigorous program that incorporates individualized performance-based assessments. By doing so, it aims to provide a comprehensive artistic and academic education to approximately 250 students. Metropolitan Arts Institute Inc is dedicated to nurturing the artistic talents of its students, offering them the opportunity to flourish and excel in their chosen artistic fields.
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Impact
July, 2024
Metropolitan Arts Institute Inc has a significant impact on the education sector by providing approximately 250 students with integrated academic and artistic educational programs. The school is dedicated to offering opportunities for students who demonstrate a desire, interest, and talent in the arts to pursue a rigorous academic program of instruction with individualized performance-based assessment activities. This unique approach helps nurture creative talents and provides a platform for students to excel academically while honing their artistic skills in Phoenix, AZ.
This information is meant to be a general summary of Metropolitan Arts Institute 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.
- Investment Income: $1,893
- Program Service Revenue: $55,410
- Gross Receipts: $2,768,436
Assets and Liabilities:
- Total Assets: $3,709,172
- Total Liabilities: $236,398
- Net Assets: $3,472,774
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUPPLY SALES
Revenue
$27,569
SCHOOL ACTIVITIES
Revenue
$20,428
MISC.
Revenue
$3,793
RENT FROM EXEMPT FUNCTION
Revenue
$3,620
Organization Details
Founding Year
1998
Phone
(602) 258-9500Principal Officer
John Perovich
Main Address
1700 N 7TH AVE, PHOENIX, AZ, 85007
Website
www.metro-arts.orgNTEE Category
Code: B20 - Education
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