Overview
What is Monadnock Media Inc?
Monadnock Media Inc, located at 59 North Street, Hatfield, MA 01038, is a nonprofit organization that specializes in creating educational media productions for museums. Their primary mission is to develop engaging content tailored to educational institutions, aiming to enhance visitors' understanding and appreciation of various subjects through multimedia presentations. With a workforce of 13 dedicated individuals, Monadnock Media Inc contributes to the educational sector by providing museums with impactful and informative media productions.
Official website here: www.monadnock.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star Rating)
Monadnock Media Inc has achieved a respectable Three-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The overall score is derived entirely from the accountability and finance beacon, where the organization scored 88%. This indicates a solid foundation in financial management practices and transparency, essential for donor confidence.
Notable strengths of Monadnock Media Inc include a fully independent board composed of eight members, as well as robust financial oversight, demonstrated by a complete audit committee. The organization has no reported material diversion of assets, and it has effectively implemented a conflict of interest policy. However, the absence of a whistleblower policy and a document retention and destruction policy suggests areas for improvement in governance practices.
Financially, Monadnock Media Inc maintains a healthy balance, with a liabilities-to-assets ratio of 8.32% and a program expense ratio of 71.81%, indicating a significant portion of funds directed towards its mission-related activities. Overall, while the organization demonstrates strong accountability and financial management, enhancing its governance policies could further bolster its integrity and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Monadnock Media Inc legitimate?
Monadnock Media Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monadnock Media 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: $255,399
Professional Fundraising Fees: $0
Other Salaries and Wages: $750,495
For more financial information, click here
Official website here: www.monadnock.org
What is the mission statement of Monadnock Media Inc?
Monadnock Media Inc's mission is centered around producing educational media content specifically for museums. Their primary objective is to create engaging and informative media productions that enhance the learning experience for museum visitors. By focusing on this niche, Monadnock Media Inc contributes to the educational value of museums and helps in fostering a deeper understanding of various subjects. Their work is instrumental in making museums more interactive and engaging, thereby attracting a wider audience and encouraging lifelong learning.
Official website here: www.monadnock.org
Who is the CEO of Monadnock Media Inc?
R Alan Hoff is the President of Monadnock Media Inc.
Official website here: www.monadnock.org
What is the revenue of Monadnock Media Inc?
Monadnock Media Inc's revenue in 2022 was $1,167,388.
Official website here: www.monadnock.org
Who are the executives of Monadnock Media Inc and what are their salaries?
The average compensation at Monadnock Media Inc during 2022 was $77,376. There are 13 employees and 5 volunteers at Monadnock Media Inc.
Here are 7 key members and their salaries:
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- Compensation: $149,130
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- Compensation: $111,413
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Official website here: www.monadnock.org
Where can I find the form 990 for Monadnock Media Inc?
Monadnock Media Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.monadnock.org
Learn more at the official website: www.monadnock.org
Mission Statement of Monadnock Media Inc
Monadnock Media Inc, as a nonprofit organization, is dedicated to creating educational media productions tailored specifically for museums. Its mission is to leverage the power of multimedia storytelling to engage visitors and enhance their learning experience within museum settings. By producing high-quality educational content, Monadnock Media Inc aims to foster a deeper understanding and appreciation for various subjects, making museum visits more enriching and memorable. The organization's work contributes to the overall educational mission of museums, helping to bring history, art, science, and culture to life in engaging and interactive ways.
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Impact
July, 2024
Monadnock Media Inc's impact lies in its ability to produce educational media productions for museums. By creating engaging and informative content, Monadnock Media Inc plays a crucial role in helping museums educate and inspire their audiences. Through its work, Monadnock Media Inc contributes to the enrichment of museum experiences, helping visitors learn about art, history, science, and various other topics in a dynamic and interactive way. This ultimately helps museums fulfill their educational mission and reach a wider audience.
This information is meant to be a general summary of Monadnock Media 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: $502,421
- Program Service Revenue: $650,325
- Gross Receipts: $1,953,202
Assets and Liabilities:
- Total Assets: $5,384,068
- Total Liabilities: $447,999
- Net Assets: $4,936,069
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDIA PRODUCTION
Revenue
$650,325
Organization Details
Founding Year
1980
Phone
(413) 247-6447Principal Officer
R Alan Hoff
Main Address
59 NORTH STREET, HATFIELD, MA, 01038
Website
www.monadnock.orgNTEE Category
Code: A30Z - Arts
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