Overview
What is Worthless Foundation Inc?
Worthless Foundation Inc, located at 7 Knickerbocker Avenue, Brooklyn, New York, is a dedicated nonprofit organization with a focus on the arts and social welfare. Their primary mission is to promote creativity and provide support to emerging artists, regardless of their background. They achieve this by offering space, materials, technical assistance, and resources, enabling these aspiring artists to bring their creative visions to life. The organization, known as Worthless Studios, employs a team of ten individuals who work towards this noble cause. Their activities aim to foster economic development in the art sector, encompassing disciplines such as sculpture, painting, photography, and performance.
Official website here: www.worthlessstudios.org
Is Worthless Foundation Inc legitimate?
Worthless Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worthless Foundation 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: $291,927
Professional Fundraising Fees: $0
Other Salaries and Wages: $125,531
For more financial information, click here
Official website here: www.worthlessstudios.org
What is the mission statement of Worthless Foundation Inc?
The Worthless Foundation Inc's mission is centered around promoting the arts and supporting new, aspiring, or emerging artists. Their goal is to foster social welfare and economic development in the field of art and creative endeavors, encompassing mediums such as sculpture, painting, photography, and performance. The foundation provides essential resources, including space, materials, technical assistance, and other necessary tools, to help aspiring artists from diverse backgrounds actualize their creative visions.
Official website here: www.worthlessstudios.org
Who is the CEO of Worthless Foundation Inc?
Neil Hamamoto is the Founder, President & Creative Dir. of Worthless Foundation Inc.
Official website here: www.worthlessstudios.org
What is the revenue of Worthless Foundation Inc?
Worthless Foundation Inc's revenue in 2022 was $662,563.
Official website here: www.worthlessstudios.org
Who are the executives of Worthless Foundation Inc and what are their salaries?
The average compensation at Worthless Foundation Inc during 2022 was $41,746. There are 10 employees and 7 volunteers at Worthless Foundation Inc.
Here are 9 key members and their salaries:
- Marcia Santoni (Director)
- Katherine Cooper (Managing Director)
- Neil Hamamoto (Founder, President & Creative Dir.) [Trustee/Director]
- David Hamamoto (Vice President) [Trustee/Director]
- Mike Forman (Treasurer) [Trustee/Director]
- Jordan Huelskamp (Secretary) [Trustee/Director]
- Charlie Jarvis (Director)
- Allen Murabayashi (Director)
- Ann Harakawa (Director)
Official website here: www.worthlessstudios.org
Where can I find the form 990 for Worthless Foundation Inc?
The Worthless Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.worthlessstudios.org
Learn more at the official website: www.worthlessstudios.org
Mission Statement of Worthless Foundation Inc
The Worthless Foundation Inc, as described, is dedicated to promoting the arts and contributing to social welfare. Its mission is threefold: firstly, it aims to foster economic development in the artistic and creative sectors, encompassing disciplines such as sculpture, painting, photography, and performance. Secondly, the organization seeks to support new, aspiring, or emerging artists by providing them with essential resources, including space, materials, technical assistance, and other necessary tools. Lastly, the Worthless Foundation Inc is committed to helping these artists realize their creative visions, regardless of their backgrounds. In this way, the foundation plays a significant role in nurturing and empowering the artistic community, contributing to a vibrant and diverse cultural landscape.
Impact
This information is meant to be a general summary of Worthless Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Worthless Foundation Inc has a significant impact on the arts community in Brooklyn, NY. By providing space, materials, technical assistance, and resources for aspiring artists of all backgrounds, the organization plays a crucial role in helping these artists realize their creative visions. Worthless Foundation Inc's mission to promote the arts and encourage economic development in the artistic sector has led to the support of new, aspiring, and emerging artists in various ways, including sculpture, painting, photography, and performance. Through its efforts, Worthless Foundation Inc is actively contributing to the growth and success of the arts community in Brooklyn and beyond.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE INCOME
Revenue
$52,309
Organization Details
Founding Year
2019
Phone
(917) 576-3999
Principal Officer
Neil Hamamoto
Main Address
7 KNICKERBOCKER AVENUE, BROOKLYN, NY, 11237
Website
www.worthlessstudios.org
NTEE Category
Code: A25 - Arts
If you are a representative of Worthless Foundation 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.