Overview
What is Proprietors Of The Boston Athenaeum?
Proprietors of the Boston Athenaeum is a nonprofit organization dedicated to benefiting its members, the wider community, and academic scholars globally. They achieve this mission by meticulously preserving and expanding their vast collection of books and art, and by offering library services and enriching cultural programs. Their primary objective is to cater to the intellectual needs of their members and the general public, fostering an environment for scholarly pursuits.
Official website here: www.bostonathenaeum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Proprietors Of The Boston Athenaeum has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong performance primarily in the Accountability & Finance category. Their commitment to transparency and responsible financial practices is evident, with 100% of board members being independent and an exemplary audit and oversight process in place. This high level of accountability is crucial for maintaining donor trust and ensuring effective use of resources.
The organization excels in managing its financial health, demonstrated by a low liabilities to assets ratio of 1.96% and a robust program expense ratio of 76.23%. These metrics indicate that a significant portion of their funds is directed towards their programs, aligning with their mission to provide access to knowledge and culture. This efficient allocation of resources is a strong point of pride for the organization.
There are no significant limitations noted in the data, showcasing a well-managed nonprofit with comprehensive policies in place, including conflict of interest and whistleblower protections. The presence of a structured governance framework further enhances the organization's reputation and operational integrity. Overall, the Proprietors Of The Boston Athenaeum represents a reliable and effective entity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Proprietors Of The Boston Athenaeum legitimate?
Proprietors Of The Boston Athenaeum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Proprietors Of The Boston Athenaeum 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: $571,202
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,244,970
For more financial information, click here
Official website here: www.bostonathenaeum.org
What is the mission statement of Proprietors Of The Boston Athenaeum?
The Proprietors of the Boston Athenaeum aim to serve various communities, including its members, the general public, and scholars worldwide. They accomplish this mission by preserving and expanding their collection of books and art, and by offering library services and cultural programs. This organization strives to cater to the needs of its global scholarly community, ensuring that its resources and programs are accessible and beneficial to all.
Official website here: www.bostonathenaeum.org
Who is the CEO of Proprietors Of The Boston Athenaeum?
Leah Rosovsky is the Director of Proprietors Of The Boston Athenaeum.
Official website here: www.bostonathenaeum.org
What is the revenue of Proprietors Of The Boston Athenaeum?
Proprietors Of The Boston Athenaeum's revenue in 2022 was $9,102,071.
Official website here: www.bostonathenaeum.org
Who are the executives of Proprietors Of The Boston Athenaeum and what are their salaries?
The average compensation at Proprietors Of The Boston Athenaeum during 2022 was $43,864. There are 87 employees and 100 volunteers at Proprietors Of The Boston Athenaeum.
Here are 24 key members and their salaries:
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- Compensation: $111,526
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- Other: $565
Official website here: www.bostonathenaeum.org
Where can I find the form 990 for Proprietors Of The Boston Athenaeum?
Proprietors Of The Boston Athenaeum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bostonathenaeum.org
Learn more at the official website: www.bostonathenaeum.org
Mission Statement of Proprietors Of The Boston Athenaeum
The Proprietors of the Boston Athenaeum, a distinguished organization, is dedicated to serving its members, the wider community, and scholars globally. Its mission is twofold: firstly, to preserve and enrich its extensive collection of books and art; secondly, to offer library services and cultural programs. By safeguarding and augmenting its valuable resources, the Athenaeum seeks to cater to the needs of scholars worldwide. Moreover, it extends its responsibilities beyond its members, providing library services and cultural programs to the broader community, thereby contributing to the intellectual and cultural growth of society as a whole.
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Impact
July, 2024
The Proprietors Of The Boston Athenaeum's impact is evident through its dedication to serving its members, the broader community, and scholars worldwide. By preserving and expanding its collections of books and art, providing library services, and offering cultural programs, the organization contributes significantly to education and intellectual enrichment. Its efforts not only benefit current members but also have a ripple effect on the community and academic fields globally.
This information is meant to be a general summary of Proprietors Of The Boston Athenaeum. 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: $5,298,454
- Program Service Revenue: $1,266,628
- Gross Receipts: $65,109,577
Assets and Liabilities:
- Total Assets: $107,592,815
- Total Liabilities: $3,970,572
- Net Assets: $103,622,243
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR LIBRARY USE
Revenue
$1,198,348
LECTURES, CONCERTS & EXHIBITIONS
Revenue
$25,120
PHOTOGRAPHIC SERVICES
Revenue
$4,616
Organization Details
Founding Year
1807
Phone
(617) 227-0270Principal Officer
Leah Rosovsky
Main Address
10 12 BEACON STREET, BOSTON, MA, 02110
Website
www.bostonathenaeum.orgNTEE Category
Code: B700 - Education
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