Overview
What is Nantucket Atheneum Inc?
Nantucket Atheneum Inc is a distinguished private non-profit organization situated in Nantucket, Massachusetts. Its primary purpose is to operate a public library, catering to both the year-round and seasonal residents of the island. The library comprises circulating, children's, and research sections, boasting an extensive collection of literature, artwork, and exhibits open to the public. Being housed in a historic 1847 building and the Weezie Library for Children, the Atheneum serves as a cultural hub for the community, sponsoring educational programming and maintaining special collections related to the island's history and culture. With a dedicated team of 31 employees, the Atheneum's mission is to collect, organize, and disseminate various materials in various formats, helping users of all ages meet their recreational, personal, professional, and intellectual needs.
Official website here: www.nantucketatheneum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Nantucket Atheneum Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With an overall score of 87%, the organization demonstrates effective management practices, including a fully independent board and no reported material diversion of assets. Their exemplary governance structures, such as comprehensive conflict of interest and whistleblower policies, further enhance their credibility.
The Atheneum shows a commendable commitment to its programs, with a program expense ratio of 69.18%, signifying that a significant portion of their funds is allocated directly to their mission. Additionally, their fundraising efficiency is strong, operating at a cost of only $0.18 to raise a dollar, which reflects effective financial stewardship.
Despite these strengths, there is always room for improvement. While the organization maintains a robust financial position, stakeholders may seek more information on program outcomes and impact assessments to better understand the effectiveness of their initiatives. Overall, Nantucket Atheneum Inc illustrates a reliable nonprofit dedicated to its goals.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Nantucket Atheneum Inc?
94% of 23 reviewers on Facebook recommend Nantucket Atheneum Inc. Here's a summary of their insights:
Many patrons appreciate the variety of resources available, particularly highlighting the access to DVDs, music CDs, and downloadable audiobooks. Reviewers express satisfaction with the range of materials offered, which enhances their experience at the nonprofit.
Overall, the sentiments indicate that Nantucket Atheneum Inc effectively meets the needs of its community by providing valuable access to diverse media and educational resources. This strong level of recommendation showcases the positive impact the organization has on its users.
This AI summary has been generated from reviews found on Facebook.
Is Nantucket Atheneum Inc legitimate?
Nantucket Atheneum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nantucket Atheneum 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $199,518
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,260,545
For more financial information, click here
Official website here: www.nantucketatheneum.org
What is the mission statement of Nantucket Atheneum Inc?
The Nantucket Atheneum Inc, a private non-profit organization, serves as a public library, catering to both year-round and seasonal residents. Located in a historic 1847 building and the Weezie Library for Children, the Atheneum offers a variety of libraries, including circulating, children's, and research libraries. The organization collects, organizes, and disseminates books, literature, and other materials in various formats to meet the recreational, personal, professional, and intellectual needs of users of all ages. In addition to its library services, the Atheneum also functions as a cultural center for the community, sponsoring educational programming and maintaining special collections related to the history and culture of the island.
Official website here: www.nantucketatheneum.org
Who is the CEO of Nantucket Atheneum Inc?
Ann Scott is the Chair of Nantucket Atheneum Inc.
Official website here: www.nantucketatheneum.org
What is the revenue of Nantucket Atheneum Inc?
Nantucket Atheneum Inc's revenue in 2022 was $3,628,612.
Official website here: www.nantucketatheneum.org
Who are the executives of Nantucket Atheneum Inc and what are their salaries?
The average compensation at Nantucket Atheneum Inc during 2022 was $47,099. There are 31 employees at Nantucket Atheneum Inc.
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Official website here: www.nantucketatheneum.org
Where can I find the form 990 for Nantucket Atheneum Inc?
Nantucket Atheneum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nantucketatheneum.org
Learn more at the official website: www.nantucketatheneum.org
Mission Statement of Nantucket Atheneum Inc
The Nantucket Atheneum, a renowned private non-profit organization, is committed to providing public library services to the island's year-round and seasonal residents. Housed in a historic 1847 building, the Atheneum offers a vast collection of books, literature, and other materials in various formats. This extensive library caters to the recreational, personal, professional, and intellectual needs of its diverse user base, encompassing individuals of all ages.
Beyond its role as a traditional library, the Nantucket Atheneum also functions as a cultural hub for the community. It sponsors educational programming and maintains special collections that delve into the history and culture of the island. These collections are not just repositories of knowledge but serve as a testament to the heritage and unique character of the community. The Atheneum further expands its reach by operating a Children's Library, where young minds can explore and grow, and a Research Library, which provides a wealth of information for scholarly pursuits.
Moreover, the Nantucket Atheneum houses an extensive collection of artworks and exhibits, providing the public with visual delights and opportunities for artistic engagement. These exhibitions not only showcase local talent but also bring global perspectives to the island, fostering a sense of cultural exchange and enrichment. In summary, the Nantucket Atheneum's mission is multifaceted, encompassing the preservation and dissemination of knowledge, the promotion of arts and culture, and the provision of a welcoming and inclusive space for the community to learn, grow, and connect.
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Impact
July, 2024
The Nantucket Atheneum Inc, a private non-profit organization, provides public library service to the island's year-round and seasonal residents. Housed in a historic 1847 building, the Atheneum maintains circulating, children's, and research libraries, as well as an extensive collection of artwork and exhibits on display to the public. The organization collects, organizes, and disseminates books, literature, and other materials in various formats to help users of all ages meet their recreational, personal, professional, and intellectual needs. Additionally, the Atheneum serves as a cultural center for the Nantucket community by sponsoring educational programming and maintaining special collections related to the history and culture of the island. Through these efforts, the Nantucket Atheneum Inc has a significant impact on enhancing access to education and promoting cultural enrichment in the community.
This information is meant to be a general summary of Nantucket Atheneum Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: $1,129,856
- Program Service Revenue: $23,233
- Gross Receipts: $5,411,587
Assets and Liabilities:
- Total Assets: $27,372,581
- Total Liabilities: $2,562,399
- Net Assets: $24,810,182
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMS
Revenue
$23,233
Organization Details
Founding Year
1834
Phone
(508) 228-1110Principal Officer
Ann Scott
Main Address
PO BOX 808, NANTUCKET, MA, 02554
Website
www.nantucketatheneum.orgNTEE Category
Code: B70 - Education
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