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The Montauk Playhouse Community Center Foundation Inc

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

EIN: 113503763 ✦ Montauk, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Montauk Playhouse Community Center Foundation Inc?

The Montauk Playhouse Community Center Foundation Inc is a small nonprofit organization, located in Montauk, New York. Their primary mission is to raise funds for the reconstruction, enhancement, and maintenance of the Montauk Playhouse Community Center. This center offers various opportunities for recreation, socialization, cultural events, education, and human services, catering to people of all ages. The foundation has successfully raised funds for the rehabilitation of the community center, as noted in the information provided. With two dedicated employees, they are committed to preserving and enhancing the community center for the benefit of its residents.


Official website here: www.montaukplayhouse.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 93%, Four-Star out of Four Star rating.

The Montauk Playhouse Community Center Foundation Inc has demonstrated a strong commitment to accountability and transparency, reflected in its high score of 93%. The organization boasts a fully independent board, which contributes to its solid governance practices, alongside a comprehensive range of oversight policies that ensure ethical management of resources.

Strengths highlighted include exceptional financial practices, such as a very low liabilities to assets ratio and outstanding fundraising efficiency. The charity effectively allocates resources, with a significant portion of its budget directed towards programs, which shows a dedication to fulfilling its mission.

However, the program expense ratio is noted as being slightly lower compared to optimal benchmarks. While this indicates a need for improvement in program funding relative to total expenditures, the overall financial health and governance of the organization remain strong, making it a reliable choice for potential donors.


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

Is The Montauk Playhouse Community Center Foundation Inc legitimate?

The Montauk Playhouse Community Center Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Montauk Playhouse Community Center 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: $115,845
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,554

For more financial information, click here


Official website here: www.montaukplayhouse.org

What is the mission statement of The Montauk Playhouse Community Center Foundation Inc?

The Montauk Playhouse Community Center Foundation Inc's mission is centered around raising funds for the reconstruction, enhancement, and maintenance of a community center. This center provides various opportunities for individuals of all ages, encompassing recreational, social, cultural, educational, and human services. The primary goal of the foundation is to ensure the center continues to serve as a hub for community engagement and personal growth. The funds raised by the foundation have been utilized for the rehabilitation of the Montauk Playhouse Community Center.


Official website here: www.montaukplayhouse.org

Who is the CEO of The Montauk Playhouse Community Center Foundation Inc?

Sarah Iudicone is the Devel. Director of The Montauk Playhouse Community Center Foundation Inc.


Official website here: www.montaukplayhouse.org

What is the revenue of The Montauk Playhouse Community Center Foundation Inc?

The Montauk Playhouse Community Center Foundation Inc's revenue in 2022 was $3,226,920.


Official website here: www.montaukplayhouse.org

Who are the executives of The Montauk Playhouse Community Center Foundation Inc and what are their salaries?

The average compensation at The Montauk Playhouse Community Center Foundation Inc during 2022 was $73,200. There are 2 employees and 4 volunteers at The Montauk Playhouse Community Center Foundation Inc.


Here are 8 key members and their salaries:


Julia Mccormack (Devel. Director)
  • Compensation: $102,615
  • Related: $0
  • Other: $13,230
Perry B Duryea Iii-Res 2022 (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fabio Rosati (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Griffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Viggiano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernadette Ruggiero (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Tuma (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Iudicone (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.montaukplayhouse.org

Where can I find the form 990 for The Montauk Playhouse Community Center Foundation Inc?

The Montauk Playhouse Community Center Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.montaukplayhouse.org

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

Mission Statement of The Montauk Playhouse Community Center Foundation Inc

The Montauk Playhouse Community Center Foundation Inc is committed to raising funds for the reconstruction, enhancement, and maintenance of the Montauk Playhouse Community Center. This center serves as a hub for people of all ages, offering opportunities for recreational, social, cultural, educational, and human services. By rebuilding and enhancing this community center, the foundation aims to provide a space that fosters community engagement, learning, and personal growth. The foundation's mission is to contribute to the betterment of the community by ensuring the Montauk Playhouse Community Center remains a vibrant and functional center for its patrons. Funds have been raised for the rehabilitation of the center, indicating the community's support for this endeavor and the foundation's dedication to its mission.

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Impact




July, 2024

The Montauk Playhouse Community Center Foundation Inc's impact can be seen in its efforts to rebuild and rehabilitate the Montauk Playhouse Community Center. By raising funds for the reconstruction, enhancement, and maintenance of this center, the foundation provides people of all ages with opportunities for recreational, social, cultural, educational, and human services. Through its philanthropic endeavors, The Montauk Playhouse Community Center Foundation Inc positively impacts the community in Montauk, NY, by creating a space for community members to come together and benefit from a variety of programs and services.




This information is meant to be a general summary of The Montauk Playhouse Community Center 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.

Revenue
$3,226,920 (2022)
Expenses
$355,096 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $87,469
  • Gross Receipts: $4,869,072

Assets and Liabilities:

  • Total Assets: $7,529,490
  • Total Liabilities: $115,433
  • Net Assets: $7,414,057

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Organization Details

Founding Year

1999

Principal Officer

Sarah Iudicone

Main Address

PO BOX 1612, MONTAUK, NY, 11954

NTEE Category

Code: T31 - Philanthropy

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