Overview
What is The Lab Sf?
The Lab Sf, located in San Francisco, California, is a nonprofit organization that actively supports underrepresented artists. In the 2022-23 period, they presented 35 programs, providing funding, time, and space to 182 artists across 89 projects, reaching an audience of 6,111 individuals. Their initiatives, such as commissioning Asher Hartman's "It's Better to Start Out Ugly" and collaborations with Wattis at the California College of the Arts, aim to transform and engage with communities whose economic and cultural realities have been overlooked. The Lab serves as a catalyst for artistic experimentation, striving to bridge the gap between these communities and the mainstream, contributing to a more enriched societal fabric.
Official website here: www.thelab.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star Rating.
The Lab SF has achieved a 75% score, reflecting a solid Three-Star rating primarily based on its Accountability & Finance metrics. This rating indicates that the organization demonstrates a commendable level of financial health and transparency, with all board members being independent and a strong commitment to governance practices, such as having documented policies for conflicts of interest and whistleblower protections.
Strengths noted include the absence of material diversion of assets and a favorable liabilities to assets ratio of 0.55%. The organization also provides detailed financial documentation, demonstrating prudent management of its resources. A significant portion of its expenses, 65%, goes directly towards its programs, highlighting a commitment to its mission.
However, the program expense ratio, while solid, could be improved upon, as it falls slightly short of the potential maximum score. Additionally, the salary of the Executive Director, while transparent, may raise questions about compensation levels relative to the organization's overall budget and fundraising capabilities. Overall, The Lab SF appears to be a responsible organization, but there is room for enhanced financial efficiency.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Lab Sf?
78% of 36 reviewers on Facebook recommend The Lab SF. Here's what they're saying:
Many users appreciate the improvements made to the venue, highlighting the enhanced atmosphere and sound quality. One enthusiastic review expressed excitement about the space, indicating that it has reached new heights in both appearance and acoustics.
Overall, it seems that patrons are pleased with the changes and continue to support The Lab SF, celebrating its role as an important community hub.
This AI summary has been generated from reviews found on Facebook.
Is The Lab Sf legitimate?
The Lab Sf is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lab Sf 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: $84,633
Professional Fundraising Fees: $8,741
Other Salaries and Wages: $71,606
For more financial information, click here
Official website here: www.thelab.org
What is the mission statement of The Lab Sf?
The organization, known as The Lab, aims to provide substantial funding, time, and space to artists who have historically been underrepresented. Their mission is to catalyze artistic experimentation and engage with visionary communities whose economic and cultural realities have been overlooked for an extended period, contributing to impoverishment. By transforming alongside these artistic practices, The Lab seeks to foster meaningful connections with these communities, ultimately benefiting society as a whole.
Official website here: www.thelab.org
Who is the CEO of The Lab Sf?
Andrew Smith is the Director of The Lab Sf.
Official website here: www.thelab.org
What is the revenue of The Lab Sf?
The Lab Sf's revenue in 2023 was $626,743.
Official website here: www.thelab.org
Who are the executives of The Lab Sf and what are their salaries?
The average compensation at The Lab Sf during 2023 was $39,060. There are 4 employees at The Lab Sf.
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Official website here: www.thelab.org
Where can I find the form 990 for The Lab Sf?
The Lab Sf's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thelab.org
Learn more at the official website: www.thelab.org
Mission Statement of The Lab Sf
The Lab Sf, as a nonprofit organization, dedicates substantial resources, including funding, time, and physical space, to support traditionally underrepresented artists. Its mission is to serve as a catalyst for artistic exploration and transformation, engaging with visionary communities whose economic and cultural realities have been overlooked for far too long. This oversight has led to widespread impoverishment. By providing a platform for these artists, The Lab Sf seeks to foster meaningful connections with these communities, ultimately contributing to their growth and development. The organization's mission is to actively participate in this transformation process, thereby enriching society as a whole.
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Impact
July, 2024
The Lab Sf's impact can be seen in its dedicated support for traditionally underrepresented artists, providing significant funding, time, and space for their work. By engaging with visionary communities often overlooked in mainstream artistic circles, The Lab serves as a catalyst for artistic experimentation and transformation. In 2022-23 alone, The Lab presented 35 programs, involving 182 artists across 89 projects that reached over 6,000 audience members. This includes notable collaborations, commissions, and residencies that enrich both the artistic landscape and the cultural fabric of San Francisco.
This information is meant to be a general summary of The Lab Sf. 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: $114
- Program Service Revenue: $73,136
- Gross Receipts: $626,743
Assets and Liabilities:
- Total Assets: $451,352
- Total Liabilities: $2,516
- Net Assets: $448,836
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$65,188
CONCESSIONS
Revenue
$6,193
MERCHANDISE SALES
Revenue
$1,755
Organization Details
Founding Year
1984
Phone
(415) 864-8855Principal Officer
Andrew Smith
Main Address
2948 16TH STREET, SAN FRANCISCO, CA, 94103
Website
www.thelab.orgIf you are a representative of The Lab Sf 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.