Overview
What is Fellows Of Contemporary Art?
Fellows of Contemporary Art (FOCA) is a nonprofit organization headquartered in Los Angeles, California. Their primary focus is to support and foster interest in contemporary art. They achieve this through three key programs: sponsoring exhibitions at national institutions, providing direct financial assistance to artists in the form of unrestricted grants, and offering workspace to young curators in Chinatown to present their ideas, encouraging exploration and dialogue. FOCA's commitment extends beyond the initial support, as they publish scholarly catalogs or pamphlets to document each artist's and curator's work at a pivotal stage in their careers. Since its establishment in 1975, FOCA has sponsored over forty exhibits nationwide, including in the Chinatown district of Los Angeles, and organizes local, national, and international tours of collections and exhibitions for educational purposes. With a team of four dedicated individuals, FOCA plays a significant role in promoting and funding contemporary artists and their work.
Official website here: www.focala.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star Rating
Fellows Of Contemporary Art has received a Three-Star rating with a score of 77%, reflecting a solid performance in accountability and finance. This rating is derived entirely from their accountability metrics, which indicate a high standard of governance and transparency. Notably, the organization boasts a fully independent board and has no material diversion of assets, reinforcing its commitment to ethical operations.
The nonprofit exhibits strengths in financial management, with a program expense ratio of over 80%, showcasing that a significant portion of its expenses directly supports its programs. Additionally, essential policies are in place, such as a conflict of interest policy and guidelines for document retention and destruction, contributing to a well-structured governance framework.
However, the organization does have a notable limitation: it lacks a whistleblower policy, which could be important for safeguarding against potential misconduct. Despite this, the overall financial health and responsible management practices indicate that Fellows Of Contemporary Art is a trustworthy organization committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Fellows Of Contemporary Art legitimate?
Fellows Of Contemporary Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fellows Of Contemporary Art 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,256
For more financial information, click here
Official website here: www.focala.org
What is the mission statement of Fellows Of Contemporary Art?
The Fellows of Contemporary Art (FOCA) is an organization dedicated to promoting contemporary artists and their works. Their mission involves funding exhibitions, both local and international, for emerging and mid-career California artists. They also organize tours of collections and exhibitions for educational purposes. To support and foster interest in contemporary art, FOCA has three ongoing programs: underwriting exhibitions at national institutions, providing direct financial aid to artists in the form of unrestricted grants, and inviting young curators to present their ideas publicly. To ensure a lasting record of each artist's and curator's work at a critical point in their career, FOCA publishes a scholarly catalog or pamphlet to accompany each exhibition and grant. Since its inception in 1975, FOCA has sponsored over forty exhibits at various venues nationwide.
Official website here: www.focala.org
Who is the CEO of Fellows Of Contemporary Art?
Noriko Fujinami is the Chair of Fellows Of Contemporary Art.
Official website here: www.focala.org
What is the revenue of Fellows Of Contemporary Art?
Fellows Of Contemporary Art's revenue in 2022 was $780,766.
Official website here: www.focala.org
Who are the executives of Fellows Of Contemporary Art and what are their salaries?
The average compensation at Fellows Of Contemporary Art during 2022 was $8,314. There are 4 employees and 21 volunteers at Fellows Of Contemporary Art.
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Official website here: www.focala.org
Where can I find the form 990 for Fellows Of Contemporary Art?
Fellows Of Contemporary Art's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.focala.org
Learn more at the official website: www.focala.org
Mission Statement of Fellows Of Contemporary Art
The Fellows of Contemporary Art, a notable organization, is dedicated to nurturing and promoting contemporary artists, exhibitions, and publications by emerging and mid-career California artists. They achieve this mission by organizing exhibitions at tax-exempt museums and galleries with a focus on contemporary art. Furthermore, they arrange local, national, and international tours of collections and exhibitions for educational purposes.
To support and foster interest in contemporary art, Fellows of Contemporary Art has three ongoing programs. They underwrite exhibitions at national institutions, providing direct financial assistance to artists in the form of unrestricted grants. Additionally, they invite young curators to utilize their office space in Chinatown to publicly present their ideas, encouraging exploration and dialogue. To ensure a lasting record of each artist's and curator's work at a critical point in their career, Fellows of Contemporary Art publishes a scholarly catalog or pamphlet to accompany each exhibition and grant. Since its establishment in 1975, Fellows of Contemporary Art has sponsored over forty exhibits at various venues nationwide, including the Chinatown District of Los Angeles.
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Impact
July, 2024
The Fellows of Contemporary Art has a significant impact on the art community by funding and promoting contemporary artists, exhibitions, and publications. Their focus on supporting emerging and mid-career California artists helps to nurture talent and foster interest in contemporary art. By underwriting exhibitions at national institutions, providing direct support to artists through grants, and offering a platform for young curators to present their ideas, FOCA creates opportunities for exploration and dialogue in the art world. Additionally, their scholarly catalogs and publications ensure a lasting record of each artist's work at critical points in their career. With over forty sponsored exhibits nationwide and a commitment to organizing tours for educational purposes, FOCA plays a vital role in advancing contemporary art and enriching the cultural landscape.
This information is meant to be a general summary of Fellows Of Contemporary Art. 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: $605
- Program Service Revenue: $521,169
- Gross Receipts: $780,766
Assets and Liabilities:
- Total Assets: $562,491
- Total Liabilities: $981
- Net Assets: $561,510
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL REVENUE
Revenue
$521,169
Organization Details
Founding Year
1975
Phone
(213) 808-1008Principal Officer
Noriko Fujinami
Main Address
970 N BROADWAY 208, LOS ANGELES, CA, 90012
Website
www.focala.orgNTEE Category
Code: A400 - Arts
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