Institute Of General Semantics Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060646682 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Institute Of General Semantics Inc?

The Institute of General Semantics Inc, situated in New York City, New York, is a nonprofit organization that specializes in seminars, workshops, and educational programs related to general semantics. They are committed to increasing awareness of this field by offering a wealth of resources through their extensive library and archive. Their mission is to provide education and tools that empower individuals to better comprehend and engage with the concepts of general semantics. The organization strives to promote understanding and growth in this area by offering a variety of learning opportunities.


Official website here: www.generalsemantics.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71%, Two-Star out of Four Star rating

The Institute of General Semantics Inc has received a two-star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scores well on several accountability measures, such as having a majority of independent board members and strong conflict of interest and whistleblower policies. However, it struggles significantly with financial transparency, reflected in its poor performance concerning financial statement availability.

While the organization demonstrates solid governance practices, its financial statements are not readily accessible, which may raise concerns among potential donors regarding transparency. The program expense ratio is also below expectations, suggesting that a smaller portion of its resources is allocated directly to its programs compared to administrative or fundraising costs. This could impact the organization's perceived effectiveness in fulfilling its mission.

Despite these limitations, the Institute of General Semantics Inc shows a commitment to ethical governance and maintains a low liabilities-to-assets ratio, indicating a stable financial position. To enhance its ratings in the future, the organization may need to improve financial reporting practices and increase the proportion of its budget dedicated to direct program services.


This AI summary has been generated from information found on Charity Navigator.

Is Institute Of General Semantics Inc legitimate?

Institute Of General Semantics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute Of General Semantics 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.generalsemantics.org

What is the mission statement of Institute Of General Semantics Inc?

The Institute of General Semantics Inc is dedicated to spreading knowledge and resources in the realm of general semantics. Their primary mission involves conducting seminars, workshops, and educational programs to encourage a broader comprehension of this field. Furthermore, they maintain a substantial library and archive on general semantics, serving as a valuable resource for individuals interested in this subject.


Official website here: www.generalsemantics.org

Who is the CEO of Institute Of General Semantics Inc?

Mary Lahman is the Trustee of Institute Of General Semantics Inc.


Official website here: www.generalsemantics.org

What is the revenue of Institute Of General Semantics Inc?

Institute Of General Semantics Inc's revenue in 2022 was $771,848.


Official website here: www.generalsemantics.org

Who are the executives of Institute Of General Semantics Inc and what are their salaries?

There 20 volunteers at Institute Of General Semantics Inc.


Here are 13 key members and their salaries:


Mary Lahman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominic Heffer (Trusttee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nora Bateson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Trujillo-Linan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Plugh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Drucker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Hauck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Levinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline J Rudig (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eva Berger (Secretary And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Gencarelli (Treasurer And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Strate (President And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corey Anton (Vice President And Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.generalsemantics.org

Where can I find the form 990 for Institute Of General Semantics Inc?

Institute Of General Semantics Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.generalsemantics.org

Learn more at the official website: www.generalsemantics.org

Mission Statement of Institute Of General Semantics Inc

The Institute of General Semantics Inc is dedicated to enlightening individuals about the intricacies of the field of general semantics. Their primary mission is to disseminate education and resources, fostering a deeper understanding of this particular discipline. To accomplish this, they offer a variety of seminars, workshops, and educational programs, catering to individuals with an interest in general semantics. Furthermore, the Institute maintains an extensive library and archive, serving as a valuable resource for those seeking in-depth knowledge on the subject. By providing these educational opportunities and resources, the Institute of General Semantics Inc aims to expand the collective understanding of general semantics, contributing to the ongoing development of this area of study.

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Impact




July, 2024

The Institute Of General Semantics Inc impacts society by providing education and resources to expand understanding of the field of general semantics. Through seminars, workshops, and educational programs, the institute helps individuals develop critical thinking and communication skills. By maintaining an extensive library and archive of general semantics materials, the organization preserves valuable knowledge for current and future generations. Its efforts contribute to fostering a more informed and thoughtful society, ultimately promoting greater clarity and understanding in communication and decision-making.




This information is meant to be a general summary of Institute Of General Semantics 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.

Revenue
$771,848 (2022)
Expenses
$180,487 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $200,036
  • Program Service Revenue: $29,609
  • Gross Receipts: $2,537,877

Assets and Liabilities:

  • Total Assets: $2,550,085
  • Total Liabilities: $4,368
  • Net Assets: $2,545,717

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LIBRARY SUPPORT

Revenue

$29,609

Organization Details

Founding Year

1938

Principal Officer

Mary Lahman

Main Address

401 PARK AVENUE SOUTH STE 873, NEW YORK, NY, 10016

NTEE Category

Code: A70 - Arts

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