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CHARITY REVIEW
Issued: September 2025 Expires: September 2027

Statement Arts

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(800) 804-0081
2 River Terrace, Suite 3K
New York, NY, 10282
https://www.statementarts.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Statement Arts meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to use the power of an integrated arts education to cultivate the next generation of leaders who can inspire social and cultural change."

Year, State Incorporated:
2006, NY

Statement Arts reports that it provides free arts education and college readiness programming to students from historically under-resourced communities in New York City. Through its Continuum of Service model, the organization supports students from elementary school through college and beyond, offering engagement, skill development, and leadership opportunities. Statement Arts' StART Young Summer Music and Theater program operates as a three-week summer session for students in grades 3–11. Participants receive daily instruction in music, theater, writing, and choreography. The program culminates in a student-devised mini-musical performance. The organization states that approximately 50 young people participate each summer. StART Dreaming College Readiness is a yearlong performing arts and college readiness program for rising high school seniors. The session begins with a four-week intensive where students study acting, voice, and dance, and receive guided support in crafting college essays. In the fall, each student is paired with a mentor who assists with college and financial aid applications.

For the year ended December 31, 2024, Statement Arts's program expenses were:

Program services $256,049
Total Program Expenses $256,049

Chief Executive
Aidan Davis, Associate Director

Compensation*
$60,818

Chair of the Board
Ashley Garrett

Chair's Profession / Business Affiliation
Owner, Ashley Garrett Photography

Board Size
9

Paid Staff Size
6

*2024 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

 

Method(s) Used:
Grant proposals, Internet, Direct mail appeals, Planned giving arrangements

Fundraising costs were 8% of related contributions. (Related contributions, which totaled $378,325, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Statement Arts's audited financial statements for the year ended December 31, 2024.

Source of Funds
Contributions and grants $191,199
Special events, net $139,210
Corporate contributions $47,916
Other income $1,625
Total Income $379,950

Programs: 68% Fundraising: 8% Administrative: 24%

Total Income $379,950
Total expenses: $374,084
  Program expenses $256,049
  Fundraising expenses $28,466
  Administrative expenses $89,569
  Other expenses $0
Income in Excess of Expenses $5,866
Beginning Net Assets $280,067
Other Changes In Net Assets $0
Ending Net Assets $285,933
Total Liabilities $5,325
Total Assets $291,258

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance