Overview
What is Nhso Foundation Inc?
Nhso Foundation Inc, located at 4 Hamilton Street, New Haven, Connecticut, is a nonprofit organization dedicated to supporting the New Haven Symphony Orchestra. Its primary mission is to establish an endowment fund for the benefit of the orchestra, ensuring their ability to provide high-quality, affordable orchestral performances and educational programming. By overseeing the management of this fund, the foundation aims to secure the long-term financial stability and growth of the New Haven Symphony Orchestra, thereby enriching the local community with musical experiences.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Nhso Foundation Inc has received a mixed evaluation, reflecting both strengths and weaknesses in its operations. It boasts a strong independent board with full marks for both size and majority independence, indicating effective governance. Additionally, the organization shows a solid program expense ratio at 73.13%, which suggests that a significant portion of its resources is dedicated to its mission-driven programs.
However, the foundation falls short in several key areas regarding transparency and policy implementation. The absence of a publicly accessible website, conflict of interest policy, and whistleblower policy detracts from its accountability score. These missing elements indicate potential vulnerabilities in governance and transparency that may concern stakeholders about the foundation's operational integrity. Overall, while the Nhso Foundation Inc demonstrates positive financial management, improvements in its transparency practices are crucial for enhancing its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Nhso Foundation Inc legitimate?
Nhso Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nhso Foundation 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
What is the mission statement of Nhso Foundation Inc?
The Nhso Foundation Inc was established with the primary objective of establishing an endowment fund. This fund is intended to benefit the New Haven Symphony Orchestra (NHSO), specifically aiding in its management and use. The foundation provides the NHSO with a grant to support its mission of delivering high-quality, affordable orchestral performances and educational programming. In essence, the Nhso Foundation Inc serves as a benefactor, helping the orchestra fulfill its purpose and enrich the community through music.
Who is the CEO of Nhso Foundation Inc?
Thomas Beirne is the President of Nhso Foundation Inc.
What is the revenue of Nhso Foundation Inc?
Nhso Foundation Inc's revenue in 2023 was $31,137.
Who are the executives of Nhso Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nhso Foundation Inc?
Nhso Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Nhso Foundation Inc
Nhso Foundation Inc, a philanthropic organization, was established with the primary objective of establishing an endowment fund. This fund is intended to benefit the New Haven Symphony Orchestra (NHSO), ensuring its continued operation and growth. The mission of Nhso Foundation Inc extends beyond just financial support. The foundation also plays a crucial role in overseeing the management of this endowment fund, ensuring its proper utilization for the benefit of the NHSO.
By providing a grant to the NHSO, Nhso Foundation Inc contributes to the orchestra's mission of delivering quality, affordable orchestral performances and educational programming. This partnership between the foundation and the orchestra allows for the enrichment of the local community through the powerful medium of music. The Nhso Foundation Inc's mission is therefore instrumental in supporting the artistic and educational endeavors of the New Haven Symphony Orchestra, contributing to the cultural vitality of the community it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Nhso Foundation Inc has a significant impact on the cultural landscape of New Haven by providing essential financial support to the New Haven Symphony Orchestra. By establishing an endowment fund, the foundation helps ensure the orchestra can continue to deliver high-quality, affordable orchestral performances and educational programming. This support not only enhances the availability of the arts within the community but also fosters a deeper appreciation for music and the performing arts among residents of New Haven. Through its grant-making, Nhso Foundation Inc plays a crucial role in sustaining the artistic vitality of the region, benefiting both the orchestra and the community it serves.
This information is meant to be a general summary of Nhso Foundation 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: $31,137
- Gross Receipts: $31,137
Assets and Liabilities:
- Total Assets: $1,161,173
- Total Liabilities: $2,858
- Net Assets: $1,158,315
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1991
Phone
(203) 777-2386Principal Officer
Thomas Beirne
Main Address
4 HAMILTON STREET, NEW HAVEN, CT, 06511
NTEE Category
Code: A69I - Arts
If you are a representative of Nhso Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.