Overview
What is The Artcouncil Inc?
The Artcouncil Inc, operating under the name Artadia The Fund for Art and Dialogue, is a distinguished nonprofit organization based in Brooklyn, New York. Established in 1997, Artadia focuses on recognizing and supporting talented visual artists through a combination of grants, community involvement, and advocacy. They identify artists with a high level of artistic excellence, rigor, and a distinct voice, providing them with unrestricted funds of $15,000 annually through their Artadia Awards program. The program operates in seven major U.S. cities and prioritizes underrepresented artists. Additionally, Artadia launched the Artadia Network in January 2021, connecting artists with arts professionals for further support and opportunities beyond financial aid. With a team of eight dedicated individuals, Artadia plays a significant role in fostering the careers of visual artists and promoting a more just arts economy.
Official website here: www.artadia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
The Artcouncil Inc Dba Artadia The Fund For Art And Dialogue has received a commendable score of 88%, reflecting solid accountability and financial practices. The organization boasts a fully independent board, which is a positive indicator of governance quality. It also demonstrates strong financial health, with a program expense ratio of nearly 80%, indicating that most of its resources are effectively directed towards its charitable mission.
While the organization shows strengths in areas such as independent board membership and financial audits, there are notable gaps in its policies. The absence of a whistleblower policy and a document retention policy may raise concerns about transparency and accountability. Furthermore, the nonprofit's failure to post its tax forms on its website could hinder public access to important financial information.
Overall, The Artcouncil Inc Dba Artadia The Fund For Art And Dialogue is performing well in several key areas but should address its policy deficiencies to enhance its operational transparency and accountability further.
This AI summary has been generated from information found on Charity Navigator.
Is The Artcouncil Inc legitimate?
The Artcouncil Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Artcouncil 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: $166,374
Professional Fundraising Fees: $0
Other Salaries and Wages: $267,033
For more financial information, click here
Official website here: www.artadia.org
What is the mission statement of The Artcouncil Inc?
The Artcouncil Inc, operating under the name Artadia The Fund for Art and Dialogue, is a national non-profit organization with a mission to support visual artists. It accomplishes this by providing merit-based, unrestricted awards to artists who demonstrate exceptional artistic talent and a distinctive voice. The organization aims to elevate the careers of these artists through recognition, grantmaking, community support, and advocacy. Artadia also fosters connections to a network of opportunities, helping artists sustain their thriving practices beyond financial support. This is achieved through programs like Artadia Awards and the Artadia Network, which offer one-on-one meetings, workshops, and resource-sharing opportunities with arts professionals.
Official website here: www.artadia.org
Who is the CEO of The Artcouncil Inc?
Laura Roberson Fisch is the President of The Artcouncil Inc.
Official website here: www.artadia.org
What is the revenue of The Artcouncil Inc?
The Artcouncil Inc's revenue in 2022 was $1,403,687.
Official website here: www.artadia.org
Who are the executives of The Artcouncil Inc and what are their salaries?
The average compensation at The Artcouncil Inc during 2022 was $54,176. There are 8 employees and 38 volunteers at The Artcouncil Inc.
Here are 28 key members and their salaries:
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Official website here: www.artadia.org
Where can I find the form 990 for The Artcouncil Inc?
The Artcouncil Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.artadia.org
Learn more at the official website: www.artadia.org
Mission Statement of The Artcouncil Inc
Artadia, a renowned national nonprofit organization, is dedicated to supporting visual artists by providing them with unrestricted, merit-based awards. This prestigious organization, known as The Artcouncil Inc Dba Artadia The Fund For Art And Dialogue, identifies artists who demonstrate a high level of artistic excellence, rigorous practice, and a clear artistic voice, recognizing that they have reached a pivotal moment in their professional journey. Artadia's mission is multifaceted, encompassing grantmaking, community support, and advocacy to elevate the careers of these artists and help them thrive in a more just arts economy, regardless of their backgrounds.
Through its primary program, Artadia Awards, the organization identifies and annually supports at least 22 visual artists in seven major U.S. cities with $15,000 each in unrestricted funds. By doing so, Artadia enables artists to pursue their creative endeavors without facing financial constraints. Additionally, Artadia Network, launched in January 2021, connects these artists with arts professionals, offering one-on-one meetings and workshops to help them sustain their thriving practices beyond the financial support. Through discourse, connectivity, and resource-sharing, Artadia Network empowers artists to further develop their artistic practice, explore wage-earning solutions, and tap into various opportunities. As a fiscal sponsor, Artadia also supports a host of artist projects and sponsorships, contributing to the broader arts community.
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Impact
July, 2024
The Artcouncil Inc Dba Artadia The Fund For Art And Dialogue's impact is significant in the art world. Through their Artadia Awards program, they identify and support culturally underrepresented visual artists in seven major U.S. cities, providing them with $15,000 each in unrestricted funds. This support elevates the careers of these artists and helps them thrive in the arts economy. Additionally, the Artadia Network connects artists with arts professionals, offering support beyond financial assistance through discourse, connectivity, and resource-sharing. Overall, Artadia plays a crucial role in recognizing and supporting talented visual artists, fostering a more inclusive and vibrant art community.
This information is meant to be a general summary of The Artcouncil 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: $5,427
- Program Service Revenue: $48,420
- Gross Receipts: $1,413,844
Assets and Liabilities:
- Total Assets: $1,359,744
- Total Liabilities: $36,009
- Net Assets: $1,323,735
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Art Sales
Revenue
$42,900
Sublease income
Revenue
$5,520
Organization Details
Founding Year
1997
Phone
(212) 727-2233Principal Officer
Laura Roberson Fisch
Main Address
45 MAIN STREET 515, BROOKLYN, NY, 11201
Website
www.artadia.orgNTEE Category
Code: T20 - Philanthropy
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