nonprofit logo

Transformer Inc

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

EIN: 810584718 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Transformer Inc?

Transformer Inc, situated in Washington D.C., is a nonprofit organization dedicated to nurturing emerging artists. Their primary focus is on selling artwork created by these up-and-coming artists while implementing mentorship programs and ongoing professional development initiatives to help these artists grow. Transformer connects and promotes artists on a local, national, and international scale through public exhibitions and educational programs. Their mission is to offer a consistent, supportive, and professional platform for artists to explore and showcase innovative artistic concepts, expand their audiences, and progress in their careers. By doing so, they aim to foster greater dialogue, understanding, and appreciation for contemporary visual arts, with a team of six dedicated individuals.


Official website here: www.transformerdc.org

Is Transformer Inc legitimate?

Transformer Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Transformer 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: $90,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $225,737

For more financial information, click here


Official website here: www.transformerdc.org

What is the mission statement of Transformer Inc?

Transformer Inc, as an artist-focused organization, is committed to serving as a steadfast and conducive platform for emerging artists on a local, national, and international scale. Their primary objective is to offer a supportive and professional environment where these artists can investigate and exhibit innovative artistic concepts, cultivate audiences for their work, and advance their careers. By doing so, they aim to stimulate dialogue, enhance understanding, and expand the audience base for contemporary visual arts. To accomplish this, Transformer Inc engages in activities such as selling artwork by emerging artists, establishing mentorship programs, and providing ongoing professional development opportunities to help artists strengthen their skills and navigate their careers independently.


Official website here: www.transformerdc.org

Who is the CEO of Transformer Inc?

Victoria L Reis is the Executive Director of Transformer Inc.


Official website here: www.transformerdc.org

What is the revenue of Transformer Inc?

Transformer Inc's revenue in 2022 was $584,830.


Official website here: www.transformerdc.org

Who are the executives of Transformer Inc and what are their salaries?

The average compensation at Transformer Inc during 2022 was $52,623. There are 6 employees and 10 volunteers at Transformer Inc.

Here are 16 key members and their salaries:

    Victoria Reis (Executive Director)
  • Compensation: $91,458
  • Related: $0
  • Other: $0

    • James Alefantis (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Burnett (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

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

    • Allison G Marvin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

    • Carole Feld (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elise Hoffman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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


  • Official website here: www.transformerdc.org

    Where can I find the form 990 for Transformer Inc?

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


    Official website here: www.transformerdc.org

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

    Mission Statement of Transformer Inc

    Transformer Inc, an artist-centric organization, is committed to serving as a dependable and nurturing platform for emerging artists on a local, national, and international scale. This is achieved through public exhibitions and educational programs. The primary mission of Transformer Inc is to offer a conducive environment where these artists can delve into and exhibit unconventional artistic ideas, cultivate audiences for their work, and enhance their professional careers. By doing so, Transformer Inc aims to stimulate dialogue, foster understanding, and broaden the audience base for contemporary visual arts.

    In pursuit of this mission, Transformer Inc engages in various activities. For instance, it sells artwork by emerging artists to support their creative endeavors. Additionally, the organization develops mentorship programs to guide and nurture these artists. Furthermore, Transformer Inc carries out ongoing professional development initiatives to equip these artists with the necessary skills to manage their careers effectively. In essence, Transformer Inc plays a pivotal role in empowering emerging artists by providing them with a consistent, encouraging, and professional space to explore and showcase their experimental artistic concepts.

    Impact

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




    Wednesday, July 24, 2024

    Transformer Inc's impact lies in providing a consistent, supportive, and professional platform for emerging artists to explore and present experimental artistic concepts. By connecting and promoting emerging artists locally, nationally, and internationally through public exhibitions and educational programs, Transformer Inc helps these artists build audiences for their work and advance their careers. Through the sale of emerging artists' artwork and the development of mentorship programs and ongoing professional development work, Transformer Inc significantly contributes to increasing dialogue, understanding, and audiences for contemporary visual arts.





    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: $0
  • Program Service Revenue: $115,273
  • Gross Receipts: $584,830

    • Assets and Liabilities:
  • Total Assets: $77,625
  • Total Liabilities: $151
  • Net Assets: $77,474
  • Programs

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

    Auction

    Revenue

    $70,240

    Artwork Exhibits

    Revenue

    $45,033

    Organization Details

    Founding Year

    2002

    Principal Officer

    Victoria L Reis

    Main Address

    1404 P Street NW, Washington, DC, 20005

    NTEE Category

    Code: A40 - Arts

    If you are a representative of Transformer 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.