nonprofit

(noun)

An organization that exists for reasons other than to make a profit, such as a charitable, educational, or service organization.

Related Terms

Examples of nonprofit in the following topics:

  • Tax-Supported Art

    • Grants are non-repayable funds dispersed by one party (often a government agency) to a recipient (often a nonprofit entity).

  • The Market

    • Nonprofit galleries are typically a step above commercial galleries, and include museums and galleries that are funded by the government or charity that do not sell artwork, such as the Tate Modern.

  • The Influence of Feminism

    • Many women artists continue to organize working groups, collectives and nonprofit galleries in various locales around the world.