Overview
What is Independent Arts & Media?
Independent Arts & Media is a nonprofit organization situated in San Francisco, California, with a mission to promote community and civic participation by supporting and empowering independent arts and media projects. Established with the aim of raising and advancing educational, cultural, and social levels, the organization offers fiscal sponsorship to projects that align with its charitable purpose, as approved by the IRS. This includes initiatives focused on education, culture, community, media, news, and art, with a particular emphasis on serving under-served, minority, and low-income communities. With a dedicated workforce of 60 individuals, Independent Arts & Media encourages free expression and cultural engagement, contributing to the broader public good.
Official website here: www.artsandmedia.net
What are the reviews and ratings of this charity?
Charity Navigator rating: 92% (Four-Star out of Four Star rating)
Independent Arts & Media has achieved a strong financial rating, demonstrating high accountability and transparency in its operations. With a 92% score, it excels particularly in its program expense ratio and fundraising efficiency, indicating that a significant portion of its resources is directed towards its mission. The organization has implemented several best practices, such as maintaining a conflict of interest policy and ensuring proper oversight through an audit committee.
The majority of the board members are independent, which is a positive indicator of governance; however, the total number of independent board members is relatively small. This may suggest a limitation in diversity of thought at the decision-making level. Despite this, the organization boasts sound fiscal practices evidenced by a low liabilities to assets ratio and no reported material diversion of assets.
Overall, Independent Arts & Media presents itself as a well-managed nonprofit with a commitment to its mission and effective use of funds. While it manages to score high in various accountability metrics, potential donors may want to consider the size and independence of its board as an area for improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Independent Arts & Media legitimate?
Independent Arts & Media is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independent Arts & Media 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: $96,074
Professional Fundraising Fees: $0
Other Salaries and Wages: $886,792
For more financial information, click here
Official website here: www.artsandmedia.net
What is the mission statement of Independent Arts & Media?
Independent Arts & Media's mission is centered around supporting and empowering independent arts and media projects. These projects aim to promote community engagement and civic participation, as well as foster cultural exchange and free expression. By offering fiscal sponsorship to eligible projects, IAM contributes to raising and supporting educational, cultural, and social opportunities for various communities, including under-served and minority groups. The organization's mission is to benefit the general public through non-commercial projects in areas such as education, culture, community, media, news, and art.
Official website here: www.artsandmedia.net
Who is the CEO of Independent Arts & Media?
Lisa Burger is the President of Independent Arts & Media.
Official website here: www.artsandmedia.net
What is the revenue of Independent Arts & Media?
Independent Arts & Media's revenue in 2022 was $3,974,178.
Official website here: www.artsandmedia.net
Who are the executives of Independent Arts & Media and what are their salaries?
The average compensation at Independent Arts & Media during 2022 was $16,381. There are 60 employees and 125 volunteers at Independent Arts & Media.
Here are 8 key members and their salaries:
- Compensation: $67,873
- Related: $0
- Other: $0
- Compensation: $16,351
- Related: $0
- Other: $0
- Compensation: $11,850
- 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
Official website here: www.artsandmedia.net
Where can I find the form 990 for Independent Arts & Media?
Independent Arts & Media's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.artsandmedia.net
Learn more at the official website: www.artsandmedia.net
Mission Statement of Independent Arts & Media
Independent Arts & Media, as an organization, is dedicated to nurturing and boosting independent artistic and media projects that inspire community involvement and civic participation. Their mission is twofold: firstly, they aim to promote cultural engagement and the free expression of ideas. Secondly, they strive to uplift the educational, social, and cultural levels of various communities, including underserved, minority, and low-income groups. They accomplish this by supporting non-commercial projects that benefit the general public, such as educational, cultural, community, media, news, and art-related initiatives. Independent Arts & Media serves as a steward and proponent for these projects, providing them with the necessary resources to thrive and make a positive impact on their respective communities.
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Impact
July, 2024
Independent Arts & Media's impact can be seen in the diverse range of projects and producers it supports that advance community engagement and cultural expression. By providing fiscal sponsorship to independent arts and media projects, IAM enables greater educational, cultural, and social opportunities for residents in the San Francisco Bay Area and beyond. Through its commitment to fostering under-served, minority, and low-income communities, IAM helps expand the reach and impact of non-commercial projects that benefit the general public. This support not only encourages creativity and innovation but also promotes civic participation and free expression, ultimately contributing to a more vibrant and inclusive cultural landscape.
This information is meant to be a general summary of Independent Arts & Media. 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: $9,983
- Program Service Revenue: $144,839
- Gross Receipts: $3,976,767
Assets and Liabilities:
- Total Assets: $2,686,287
- Total Liabilities: $210,389
- Net Assets: $2,475,898
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contract fees
Revenue
$118,931
Event Ticket Sales
Revenue
$14,261
Membership
Revenue
$3,882
Other Earned Revenue
Revenue
$1,281
Tuition
Revenue
$6,484
Organization Details
Founding Year
2000
Phone
(415) 738-4975Principal Officer
Lisa Burger
Main Address
PO Box 420442, San Francisco, CA, 94142
Website
www.artsandmedia.netNTEE Category
Code: A30 - Arts
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