Overview
What is American Corporation Of The Arts?
American Corporation of the Arts is a nonprofit organization with a mission to foster cultural and artistic awareness among the public. They achieve this by raising and distributing funds. Specifically, they support the development of youth theatre programs, contributing to the nurturing of future artists and cultural ambassadors. By engaging in these activities, they aim to enrich the general public's appreciation for various artistic expressions.
Is American Corporation Of The Arts legitimate?
American Corporation Of The Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Corporation Of The Arts 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: $0
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What is the mission statement of American Corporation Of The Arts?
The American Corporation of the Arts serves a purpose of raising and distributing funds to foster and increase cultural and artistic understanding among the general public. This organization actively supports initiatives aimed at nurturing youth theatre programs, aiming to broaden the public's appreciation for the arts. In essence, the American Corporation of the Arts is dedicated to promoting artistic awareness and development through its fundraising and distribution efforts.
What is the revenue of American Corporation Of The Arts?
American Corporation Of The Arts's revenue in 2024 was $1,263,192.
Who are the executives of American Corporation Of The Arts and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for American Corporation Of The Arts?
American Corporation Of The Arts's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of American Corporation Of The Arts
The American Corporation of the Arts is dedicated to raising and dispensing funds, with the primary objective of fostering and enhancing cultural and artistic awareness amongst the general public. By undertaking this mission, the organization plays a significant role in nurturing the development of youth theatre programs. This nonprofit organization strives to broaden the public's perspectives on art and culture, ultimately enriching their lives.
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Impact
October, 2024
The American Corporation of the Arts significantly impacts cultural and artistic awareness within the community. By raising and distributing funds, it enhances access to artistic experiences, encouraging public engagement with the arts. This organization plays a vital role in supporting the development of youth theatre programs, fostering creativity and skill among young people. Its efforts create a richer cultural landscape in Los Angeles, allowing diverse artistic expressions to flourish and ensuring that the arts remain an integral part of community life. Ultimately, the American Corporation of the Arts helps cultivate a more vibrant, informed, and culturally aware public.
This information is meant to be a general summary of American Corporation Of The Arts. 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 2024.
- Gross Receipts: $1,927,083
Assets and Liabilities:
- Total Assets: $2,591,964
- Total Liabilities: $1,757,945
- Net Assets: $834,019
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Organization Details
Founding Year
1978
Principal Officer
James L Nederlander
NTEE Category
Code: A67Z - Arts
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