Overview
What is Harvard Magazine Inc?
Harvard Magazine Inc, situated in Cambridge, Massachusetts, is a distinguished nonprofit organization with a focus on the arts, culture, and humanities. Their primary mission is to publish an alumni magazine, serving as a platform for sharing insights, stories, and updates within this community. By doing so, Harvard Magazine Inc fosters a sense of connection and engagement among its alumni, contributing to the enrichment of their collective experience and intellectual growth.
Official website here: www.harvardmagazine.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)
Harvard Magazine Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its exemplary standards in accountability and finance. The organization boasts a perfect score in this category, which emphasizes its commitment to transparency and responsible financial practices. All board members are independent, highlighting the nonprofit's governance integrity.
The financial management of Harvard Magazine is robust, with a low liabilities to assets ratio of 8.93% and a program expense ratio of 73.58%. This indicates effective allocation of funds towards its programs and initiatives, ensuring that the majority of their resources support their mission. Additionally, the organization has a comprehensive set of policies in place, including conflict of interest and whistleblower policies, which further reinforce its ethical framework.
While the overall rating is highly favorable, potential donors and supporters may want to consider how the organization's operational focus aligns with their own interests. However, the financial indicators and governance practices suggest a well-managed organization that prioritizes accountability and impact in its endeavors.
This AI summary has been generated from information found on Charity Navigator.
Is Harvard Magazine Inc legitimate?
Harvard Magazine Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harvard Magazine 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: $374,183
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,249,209
For more financial information, click here
Official website here: www.harvardmagazine.com
What is the mission statement of Harvard Magazine Inc?
Harvard Magazine Inc's mission revolves around the publication of an alumni magazine. As an arts, culture, or humanities professional organization, their primary goal is to disseminate information and perspectives through this publication, catering to the Harvard alumni community. The magazine serves as a platform for showcasing various topics, fostering a sense of community and engagement among the alumni. The publication aims to keep the alumni informed about the latest developments, achievements, and news within the Harvard community, thereby maintaining a strong connection between the institution and its former students.
Official website here: www.harvardmagazine.com
Who is the CEO of Harvard Magazine Inc?
William C Kirby is the President of Harvard Magazine Inc.
Official website here: www.harvardmagazine.com
What is the revenue of Harvard Magazine Inc?
Harvard Magazine Inc's revenue in 2022 was $4,204,037.
Official website here: www.harvardmagazine.com
Who are the executives of Harvard Magazine Inc and what are their salaries?
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $530,174
- Other: $63,023
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $298,142
- Other: $60,114
- Compensation: $0
- Related: $230,838
- Other: $51,585
- Compensation: $0
- Related: $0
- Other: $36,360
- Compensation: $0
- Related: $145,276
- Other: $41,928
- Compensation: $0
- Related: $363,757
- Other: $62,207
- Compensation: $0
- Related: $162,949
- Other: $46,012
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $110,669
- Related: $0
- Other: $21,214
- Compensation: $109,137
- Related: $0
- Other: $39,709
- Compensation: $184,868
- Related: $0
- Other: $45,725
- Compensation: $199,526
- Related: $0
- Other: $52,792
Official website here: www.harvardmagazine.com
Where can I find the form 990 for Harvard Magazine Inc?
Harvard Magazine Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.harvardmagazine.com
Learn more at the official website: www.harvardmagazine.com
Mission Statement of Harvard Magazine Inc
Harvard Magazine Inc, as a distinguished arts, culture, or humanities professional society, is committed to fulfilling its mission. This mission primarily revolves around the publication of an alumni magazine. Through this magazine, Harvard Magazine Inc aims to engage and connect with the esteemed alumni community of Harvard University, providing them with insights into the latest developments, achievements, and news within the realm of arts, culture, and humanities. By serving as a reliable and captivating source of information, Harvard Magazine Inc fosters a sense of continuity and belonging among its readers, promoting a strong bond between the university and its alumni.
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Impact
July, 2024
Harvard Magazine Inc's impact is primarily focused on the publication of its alumni magazine, which serves as a platform for sharing arts, culture, and humanities-related content with the Harvard University community. Through this publication, Harvard Magazine Inc contributes to the dissemination of knowledge, ideas, and stories that enrich the intellectual and cultural life of its readers. The magazine plays a crucial role in fostering connections among alumni, engaging them with the university's activities, and promoting the values of arts and culture within the Harvard community and beyond.
This information is meant to be a general summary of Harvard Magazine 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: $95,177
- Program Service Revenue: $1,263,652
- Gross Receipts: $4,253,577
Assets and Liabilities:
- Total Assets: $2,144,071
- Total Liabilities: $160,485
- Net Assets: $1,983,586
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADVERTISING
Revenue
$1,001,924
UNIVERSITY COPIES
Revenue
$237,080
SUBSCRIPTIONS
Revenue
$24,648
Organization Details
Founding Year
1924
Phone
(617) 496-6695Principal Officer
William C Kirby
Main Address
7 WARE STREET, CAMBRIDGE, MA, 02138
Website
www.harvardmagazine.comNTEE Category
Code: A330 - Arts
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