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Fractured Atlas Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 113451703 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Fractured Atlas Inc?

Fractured Atlas Inc, located in New York City, serves as a fiscal sponsor for approximately 3,500 artists and arts organizations across the United States. The organization facilitates the receipt, holding, and distribution of grants and donations on behalf of these projects. The mission of Fractured Atlas is to make the path from inspiration to artistic practice more accessible and equitable for artists and creatives. With a team of 25 employees, Fractured Atlas plays a vital role in supporting the artistic community in their endeavors.


Official website here: www.fracturedatlas.org

Is Fractured Atlas Inc legitimate?

Fractured Atlas Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fractured Atlas Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,426,519

For more financial information, click here


Official website here: www.fracturedatlas.org

What is the mission statement of Fractured Atlas Inc?

Fractured Atlas is a non-profit organization dedicated to making the path from creative inspiration to practical realization more achievable and inclusive for artists and creatives. By serving as a fiscal sponsor to over 3,500 individual artists and arts organizations across the United States, Fractured Atlas facilitates the receipt, holding, and distribution of grants and contributions on their behalf. This enabling role enables these projects to secure funding and further their artistic endeavors. Fractured Atlas's mission is geared towards reducing financial and administrative barriers, thereby fostering a more accessible and equitable environment for artistic pursuits to thrive.


Official website here: www.fracturedatlas.org

Who is the CEO of Fractured Atlas Inc?

Russell Willis Taylor is the Chair of Fractured Atlas Inc. The CEO's salary of Fractured Atlas Inc is $190,200 and their total compensation is $223,903.


Official website here: www.fracturedatlas.org

What is the revenue of Fractured Atlas Inc?

Fractured Atlas Inc's revenue in 2022 was $36,358,780.


Official website here: www.fracturedatlas.org

Who are the executives of Fractured Atlas Inc and what are their salaries?

The average compensation at Fractured Atlas Inc during 2022 was $57,061. There are 25 employees at Fractured Atlas Inc.

Here are 9 key members and their salaries (Fractured Atlas Inc's CEO's salary is $190,200 and their total compensation is $223,903):

    Theresa Hubbard (Ceo/Board Me) [Trustee/Director]
  • Compensation: $190,200
  • Related: $0
  • Other: $33,703

    • Russell Willis Taylor (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ramphis Castro (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mukti Khaire (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Yancey (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Holly Sidford (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Scott (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher J Mackie Phd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • E Andrew Taylor (Executive Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fracturedatlas.org

    Where can I find the form 990 for Fractured Atlas Inc?

    The Fractured Atlas Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fracturedatlas.org

    Learn more at the official website: www.fracturedatlas.org

    Mission Statement of Fractured Atlas Inc

    Fractured Atlas Inc, a mission-driven organization, strives to make the path from creative inspiration to practical realization more accessible and equitable for artists and creatives across the United States. By acting as a fiscal sponsor, Fractured Atlas receives, holds, and distributes grants and contributions on behalf of over 3,500 individual artists and arts organizations under its wing. In essence, the organization serves as a catalyst, enabling these artistic endeavors to thrive and come to fruition. Fractured Atlas is more than just a facilitator; it is an advocate for the arts community, ensuring that their voices are heard and their resources are utilized effectively. Through its vital role, Fractured Atlas empowers artists and creatives to focus on their craft, rather than the administrative burdens often associated with securing funding and financial management. With this support, the arts community can continue to inspire, innovate, and evolve, enriching our collective cultural landscape.

    Impact

    This information is meant to be a general summary of Fractured Atlas Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Fractured Atlas Inc serves as the fiscal sponsor to 3,539 individual artists and arts organizations around the United States. By receiving, holding, and distributing grants and contributions on behalf of these projects, Fractured Atlas plays a crucial role in making the journey from inspiration to practice more accessible and equitable for artists and creatives. Their impact is felt directly in supporting the work and creative endeavors of a diverse range of artists and organizations in the arts sector.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,090,409
  • Program Service Revenue: $442,675
  • Gross Receipts: $49,452,720

    • Assets and Liabilities:
  • Total Assets: $26,189,611
  • Total Liabilities: $163,823
  • Net Assets: $26,025,788
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE FEES

    Revenue

    $295,434

    NON-DEDUCTIBLE PORTION OF CON

    Revenue

    $147,241

    Organization Details

    Founding Year

    2003

    Principal Officer

    Russell Willis Taylor

    Main Address

    228 PARK AVE S 56651, NEW YORK, NY, 10003

    NTEE Category

    Code: A65 - Arts

    If you are a representative of Fractured Atlas Inc 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.