Overview
What is Mark Twain Library Association Inc?
Mark Twain Library Association Inc, located in Redding, Connecticut, is a nonprofit organization dedicated to enriching the community through intellectual, educational, social, and cultural experiences. They primarily circulate books, periodicals, and videos, and also offer special programs such as speaker events and discussion groups. The association's mission is to honor the legacy of its founder by providing a wide range of materials, resources, and programs for individuals of all ages, serving as a vital center for learning and enjoyment within the Redding community. With a team of 29 dedicated employees, the Mark Twain Library Association Inc continues to foster an atmosphere of intellectual growth and engagement.
Official website here: www.marktwainlibrary.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87% (Three-Star out of Four Star rating)
The Mark Twain Library Association Inc has received an 87% rating from Charity Navigator, reflecting a strong performance in accountability and finance. The rating is based entirely on a single beacon score, indicating that the organization maintains a high level of oversight and transparency, particularly in its financial practices. With 100% of board members being independent and a solid audit and oversight committee, the organization demonstrates a commitment to effective governance.
Strengths noted in the feedback include a high program expense ratio of 69.30%, suggesting that a significant portion of funds is directed towards programs and services rather than administrative costs. Additionally, the charity has implemented robust policies regarding conflict of interest and has a well-documented approach to board meeting minutes. However, there are areas where improvements are necessary, particularly concerning the absence of a whistleblower policy, document retention policy, and the posting of its tax form online.
Overall, while the Mark Twain Library Association Inc shows strengths in governance and financial management, addressing the noted limitations could further enhance its accountability and transparency for stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Mark Twain Library Association Inc legitimate?
Mark Twain Library Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mark Twain Library Association 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: $115,526
Professional Fundraising Fees: $0
Other Salaries and Wages: $474,820
For more financial information, click here
Official website here: www.marktwainlibrary.org
What is the mission statement of Mark Twain Library Association Inc?
The Mark Twain Library Association Inc, honoring its founder's vision, serves as a hub for intellectual, educational, social, and cultural enrichment in the community. It offers a diverse range of resources, including books, periodicals, and videos, and hosts various special programs such as speaker events and discussion groups. The primary purpose of the library association is to provide these materials and activities for the benefit and enjoyment of the general public, aiming to promote learning and community engagement.
Official website here: www.marktwainlibrary.org
Who is the CEO of Mark Twain Library Association Inc?
Michael Shinall is the Library Director of Mark Twain Library Association Inc.
Official website here: www.marktwainlibrary.org
What is the revenue of Mark Twain Library Association Inc?
Mark Twain Library Association Inc's revenue in 2023 was $1,489,051.
Official website here: www.marktwainlibrary.org
Who are the executives of Mark Twain Library Association Inc and what are their salaries?
The average compensation at Mark Twain Library Association Inc during 2023 was $20,357. There are 29 employees and 175 volunteers at Mark Twain Library Association Inc.
Here are 16 key members and their salaries:
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Official website here: www.marktwainlibrary.org
Where can I find the form 990 for Mark Twain Library Association Inc?
Mark Twain Library Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.marktwainlibrary.org
Learn more at the official website: www.marktwainlibrary.org
Mission Statement of Mark Twain Library Association Inc
The Mark Twain Library Association Inc, honoring the legacy of its founder, serves as a hub for intellectual, educational, social, and cultural enrichment in the Redding community. This esteemed organization offers a diverse array of materials, resources, and programs catering to individuals of all ages. Its primary goal is to provide books, periodicals, and videos for the purpose of education and enjoyment to the general public. In addition to the circulation of these resources, the Mark Twain Library Association Inc hosts special programs such as speaker events and discussion groups, further promoting intellectual growth and community engagement.
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Impact
July, 2024
The Mark Twain Library Association Inc's impact lies in providing the Redding community a center for intellectual, educational, social, and cultural enrichment. Through the circulation of books, periodicals, and videos, as well as special programs such as speakers and discussion groups, the library offers a wide variety of materials, resources, and programs for all ages, honoring the vision and legacy of its founder.
This information is meant to be a general summary of Mark Twain Library Association 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 2023.
- Investment Income: $97,668
- Gross Receipts: $2,842,135
Assets and Liabilities:
- Total Assets: $5,862,191
- Total Liabilities: $34,493
- Net Assets: $5,827,698
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Organization Details
Founding Year
1908
Phone
(203) 938-2545Principal Officer
Michael Shinall
Main Address
P O BOX 1009, REDDING, CT, 068751009
Website
www.marktwainlibrary.orgNTEE Category
Code: B71Z - Education
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