Overview
What is Harvard Lampoon Inc?
Harvard Lampoon Inc, located in Cambridge, Massachusetts, serves as a nonprofit organization primarily focused on nurturing student growth in the realms of writing, editing, and publishing. Based in PO Box 380308, the organization operates with a mission to educate students through practical experiences. Alongside this, Harvard Lampoon Inc manages the Harvard Lampoon Castle and organizes events for its members and alumni. The organization's main activity revolves around publishing the Harvard Lampoon magazine, providing a hands-on learning opportunity for its members.
Official website here: www.harvardlampoon.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, earning it a Two-Star out of Four Star rating. This rating indicates that while Harvard Lampoon Inc has some strengths in its governance, it also has notable areas for improvement, particularly in accountability and transparency.
The organization scores well for having a fully independent board and demonstrates no material diversion of assets. However, it lacks critical policies such as conflict of interest, whistleblower, and document retention policies, which are essential for organizational integrity and risk management. The high liabilities to assets ratio suggests financial stability, yet the program expense ratio indicates that a significant portion of its funds may not be directed towards its programs.
Overall, while Harvard Lampoon Inc shows strengths in certain governance aspects, the absence of essential policies and a relatively low program expense ratio could be points of concern for potential supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Harvard Lampoon Inc legitimate?
Harvard Lampoon Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harvard Lampoon 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.harvardlampoon.com
What is the mission statement of Harvard Lampoon Inc?
Harvard Lampoon Inc's mission revolves around educating students through practical experiences in the realms of writing, editing, and publishing. This is accomplished by providing a hands-on environment where students can hone their skills. The primary activity of the organization is the publication of the Harvard Lampoon magazine. Beyond this, they maintain the Harvard Lampoon Castle and host events for members and alumni, fostering a sense of community within the organization.
Official website here: www.harvardlampoon.com
Who is the CEO of Harvard Lampoon Inc?
Adam Levin is the Treasurer of Harvard Lampoon Inc.
Official website here: www.harvardlampoon.com
What is the revenue of Harvard Lampoon Inc?
Harvard Lampoon Inc's revenue in 2021 was $167,865.
Official website here: www.harvardlampoon.com
Who are the executives of Harvard Lampoon Inc and what are their salaries?
There 4 volunteers at Harvard Lampoon Inc.
Here are 5 key members and their salaries:
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Official website here: www.harvardlampoon.com
Where can I find the form 990 for Harvard Lampoon Inc?
Harvard Lampoon Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.harvardlampoon.com
Learn more at the official website: www.harvardlampoon.com
Mission Statement of Harvard Lampoon Inc
Harvard Lampoon Inc, a nonprofit organization, is committed to educating students through practical experiences in the realms of writing, editing, and publishing. By engaging students in these fields, the organization aims to foster their skills and knowledge. One of the primary ways Harvard Lampoon Inc achieves this is by publishing the renowned Harvard Lampoon Magazine. This publication provides a platform for students to showcase their talents and learn the intricacies of the publishing process.
In addition to the magazine, Harvard Lampoon Inc maintains the Harvard Lampoon Castle, a historic building that serves as a hub for members and alumni events. These events offer opportunities for networking and further honing of skills in the publishing industry. By hosting these events, the organization contributes to the overall development of its members, ensuring they leave with a well-rounded understanding of the publishing field.
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Impact
October, 2024
Harvard Lampoon Inc significantly influences the landscape of student journalism and humor through its longstanding tradition of publishing the Harvard Lampoon magazine. By providing students with hands-on experience in writing, editing, and publishing, it equips aspiring writers with essential skills that are invaluable in the fields of media and literature.
The organization fosters a creative environment at its historic Harvard Lampoon Castle in Cambridge, creating a unique space for collaboration and experimentation. Members develop not only their writing talents but also learn the intricacies of editorial processes and publication, preparing them for future careers in various writing and media-related professions.
Additionally, Harvard Lampoon Inc hosts events for members and alumni, strengthening its community and offering networking opportunities that can lead to fruitful careers. Through its dedicated efforts in education and the arts, the organization plays a crucial role in cultivating the next generation of writers and humorists, influencing the broader cultural landscape beyond the campus.
This information is meant to be a general summary of Harvard Lampoon 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 2021.
- Investment Income: $2
- Program Service Revenue: $7,745
- Gross Receipts: $167,865
Assets and Liabilities:
- Total Assets: $5,674
- Total Liabilities: $967
- Net Assets: $4,707
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES
Revenue
$7,300
SUMMER PROJECT REVENUE
Revenue
$445
Organization Details
Founding Year
1902
Phone
(617) 894-9823Principal Officer
Adam Levin
Main Address
PO BOX 380308, CAMBRIDGE, MA, 02238
Website
www.harvardlampoon.comNTEE Category
Code: A33Z - Arts
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