Overview
What is Center For Cultural Innovation?
The Center for Cultural Innovation, established in 2001, is a nonprofit organization situated in Los Angeles, California. Its primary mission is to support and empower individual artists and creative entrepreneurs by offering business training, providing grants, and fostering innovative projects. These initiatives aim to share knowledge, cultivate networking opportunities, and promote financial independence within the artistic community. By doing so, the Center for Cultural Innovation strives to create new tools, practices, and program knowledge that can benefit artists nationwide. Currently, they have a team of 16 dedicated professionals working towards this purpose.
Official website here: www.cciarts.org
What are the reviews and ratings of this charity?
**Center For Cultural Innovation**
**Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)**
The Center For Cultural Innovation has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating indicates a high level of transparency and effective governance within the organization. With 100% independent board members and significant emphasis on oversight, the organization demonstrates a robust commitment to fiscal responsibility and integrity.
Strengths highlighted include an excellent program expense ratio and efficient fundraising, positioning the center as a responsible steward of donor contributions. The organization boasts a healthy working capital ratio, suggesting it has the financial flexibility to fulfill its mission effectively. Additionally, policies for conflicts of interest and whistleblower protections are in place, promoting ethical practices within its leadership.
Currently, no user reviews from GreatNonprofits are available, limiting insights into recipient perspectives on the organization's impact and effectiveness. However, the strong rating from Charity Navigator offers reassurance regarding its financial health and governance standards.
This AI summary has been generated from information found on Charity Navigator.
Is Center For Cultural Innovation legitimate?
Center For Cultural Innovation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Cultural Innovation 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: $166,667
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,222,491
For more financial information, click here
Official website here: www.cciarts.org
What is the mission statement of Center For Cultural Innovation?
The Center for Cultural Innovation, established in 2001, is committed to fostering knowledge exchange, networking, and financial independence among individual artists and creative entrepreneurs. They achieve this mission by providing business training, offering grants, and incubating innovative projects. These initiatives aim to create new program knowledge, tools, and practices, ultimately supporting the artistic community in their endeavors. The center's goal is to empower artists and entrepreneurs, enabling them to thrive in their respective fields.
Official website here: www.cciarts.org
Who is the CEO of Center For Cultural Innovation?
Lorna Lathram is the President of Center For Cultural Innovation.
Official website here: www.cciarts.org
What is the revenue of Center For Cultural Innovation?
Center For Cultural Innovation's revenue in 2023 was $8,534,816.
Official website here: www.cciarts.org
Who are the executives of Center For Cultural Innovation and what are their salaries?
The average compensation at Center For Cultural Innovation during 2023 was $86,822. There are 16 employees at Center For Cultural Innovation.
Here are 10 key members and their salaries:
- Compensation: $166,667
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $158,333
- Related: $0
- Other: $0
- Compensation: $155,000
- Related: $0
- Other: $0
- Compensation: $151,042
- Related: $0
- Other: $0
- Compensation: $137,500
- Related: $0
- Other: $0
Official website here: www.cciarts.org
Where can I find the form 990 for Center For Cultural Innovation?
Center For Cultural Innovation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cciarts.org
Learn more at the official website: www.cciarts.org
Mission Statement of Center For Cultural Innovation
The Center for Cultural Innovation, established in 2001, is committed to fostering knowledge exchange, networking, and financial independence among individual artists and creative entrepreneurs. This nonprofit organization achieves its mission by providing business training, grants, and incubating innovative projects. By doing so, it aims to create new program knowledge, tools, and practices that can benefit artists in various fields. The Center for Cultural Innovation serves as a platform where artists and creative entrepreneurs can learn, network, and gain the resources necessary to thrive financially and creatively.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Center for Cultural Innovation has significantly impacted individual artists and creative entrepreneurs by promoting knowledge sharing, networking, and financial independence. Through its business training programs, grants, and incubation of innovative projects, CCI has empowered artists in the field to develop new skills, tools, and practices. This support has helped artists to enhance their careers, expand their networks, and achieve greater financial stability.
This information is meant to be a general summary of Center For Cultural Innovation. 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 2023.
- Investment Income: $131,693
- Program Service Revenue: $40,009
- Gross Receipts: $8,534,816
Assets and Liabilities:
- Total Assets: $18,966,303
- Total Liabilities: $1,007,860
- Net Assets: $17,958,443
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Fees
Revenue
$36,067
Product Sales
Revenue
$3,942
Organization Details
Founding Year
2001
Phone
(213) 687-8577Principal Officer
Lorna Lathram
Main Address
244 S San Pedro Street, Los Angeles, CA, 90012
Website
www.cciarts.orgNTEE Category
Code: A20 - Arts
If you are a representative of Center For Cultural Innovation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.