Overview
What is Vapa Center?
The Vapa Center is a nonprofit organization located in Charlotte, North Carolina, with an address at 700 N Tryon St. Their primary mission is to promote artist-community engagement by offering affordable exhibition and creative workspaces. This nonprofit leases facilities to artists at significantly reduced rates, ranging from $1 to $3 per square foot, which is considerably lower than the typical market value of $18 to $20 per square foot. The Vapa Center aims to foster a connection between artists and their local community through these accessible and affordable spaces, encouraging creative growth and fostering a sense of community.
Official website here: www.vapacenter.com
Is Vapa Center legitimate?
Vapa Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vapa Center 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: $74,567
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,891
For more financial information, click here
Official website here: www.vapacenter.com
What is the mission statement of Vapa Center?
The Vapa Center's mission is to foster an environment that encourages the interaction between artists and the community. They achieve this by providing reasonably priced exhibition and creative workspaces, offering facilities at costs ranging from $1 to $5 per square foot, significantly lower than the market rate of $18 to $20 per square foot. This initiative aims to nurture and inspire artistic relationships within the community, thereby serving as a vital platform for artists to showcase their work.
Official website here: www.vapacenter.com
What is the revenue of Vapa Center?
Vapa Center's revenue in 2024 was $578,900.
Official website here: www.vapacenter.com
Who are the executives of Vapa Center and what are their salaries?
The average compensation at Vapa Center during 2024 was $32,864. There are 4 employees and 50 volunteers at Vapa Center.
Here are 13 key members and their salaries:
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Official website here: www.vapacenter.com
Where can I find the form 990 for Vapa Center?
Vapa Center's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.vapacenter.com
Learn more at the official website: www.vapacenter.com
Mission Statement of Vapa Center
The Vapa Center, a nonprofit organization, is dedicated to fostering a close relationship between artists and their community by offering affordable exhibition and creative workspaces. This center provides facilities for artists at significantly lower costs than the market average, with rates ranging from $1 to $5 per square foot compared to the standard $18 to $20 per square foot. The Vapa Center's mission is to cultivate an environment that inspires and nurtures artistic growth, bridging the gap between artists and their audience.
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Impact
October, 2024
Vapa Center has a transformative impact on the artistic community in Charlotte, NC, by providing accessible exhibition and creative workspaces. By offering facilities at significantly reduced rates—ranging from $1 to $5 per square foot compared to the local market rate of $18 to $20—Vapa Center lowers the financial barrier for artists. This allows them to focus on their creative pursuits without the burden of exorbitant rental costs.
The Center fosters a strong relationship between artists and the community, generating opportunities for collaboration, showcasing talent, and engaging local residents through various artistic events. By nurturing creativity and offering affordable spaces for exhibitions and performances, Vapa Center not only supports individual artists but also enriches the cultural landscape of Charlotte, making the arts more accessible to everyone.
This information is meant to be a general summary of Vapa Center. 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 2024.
- Program Service Revenue: $313,425
- Gross Receipts: $578,900
Assets and Liabilities:
- Total Assets: $36,802
- Total Liabilities: $1,700
- Net Assets: $35,102
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Lease & related income
Revenue
$254,834
Organization Details
Founding Year
2021
Principal Officer
Arthur Rogers
Website
www.vapacenter.comNTEE Category
Code: A20 - Arts
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