Summit Artspace
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Summit Artspace meets the 20 Standards for Charity Accountability.
Stated Purpose:
The Summit Artspace Gallery's mission:
To provide a welcoming place where the public and artists can meet and interact. To provide programming and events that encourage education and participation in the arts. To display and promote the work of artists in the Greater Akron area.
Year, State Incorporated:
1996, OH
Also Known As:
Akron Area Arts Alliance
Summit Artspace vision is to develop a center that would offer affordable studio, workshop, classroom and rehearsal space for artists; economical office space and shared facilities for arts organizations; and a public gallery devoted to local art. The center also serves as an incubator to nurture/mentor local talents, as a headquarters for collaborative art projects throughout Summit County and as an exciting and welcoming gathering place for artists and the public.
For the year ended June 30, 2023, Summit Artspace's program expenses were:
| Total Program Expenses | $197,222 |
| Total Program Expenses | $197,222 |
Chief Executive
Natalie Grieshammer Patrick, Interim Executive Director
Chair of the Board
Ms. Kristen Nervo Dowey, Board Chairperson
Chair's Profession / Business Affiliation
OneKey Virtual Care
Board Size
14
Paid Staff Size
6
Method(s) Used:
Direct mail appeals, Door-to-door solicitation, Grant proposals
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 Summit Artspace's audited financial statements for the year ended June 30, 2023.
Source of Funds
| Net income or (loss) from fundraising events . | $-9,229 |
| Investment income (including dividends, interest, and other similar amounts) | $21 |
| Miscellaneous | $2,740 |
| Program Service | $131,684 |
| Contributions, Gifts, Grants and Other Similar Amounts | $234,750 |
| Total Income | $359,966 |
Programs: 62% Fundraising: 25% Administrative: 13%
| Total Income | $359,966 |
| Total expenses: | $317,700 |
| Program expenses | $197,222 |
| Fundraising expenses | $79,840 |
| Administrative expenses | $40,638 |
| Other expenses | $0 |
| Income in Excess of Expenses | $42,266 |
| Beginning Net Assets | $212,673 |
| Other Changes In Net Assets | $5,662 |
| Ending Net Assets | $260,601 |
| Total Liabilities | $66,791 |
| Total Assets | $260,601 |
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RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB of Akron