Overview
What is The Lotos Club Inc?
The Lotos Club Inc, established with a mission to promote and develop various artistic and intellectual disciplines, serves as a hub for literature, art, sculpture, music, architecture, journalism, education, and learned professionals. By fostering a conducive environment, the club encourages and supports its members, including authors, artists, architects, journalists, educators, scientists, and musicians, in their endeavors. The club's purpose is to provide a platform for individuals sharing similar interests and objectives, aiming to enhance their work and collaborations. The club's activities are designed to engage and inspire its members, contributing to the advancement of their respective fields.
Official website here: www.lotosclub.org
Is The Lotos Club Inc legitimate?
The Lotos Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Lotos Club 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: $308,842
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,499,319
For more financial information, click here
Official website here: www.lotosclub.org
What is the mission statement of The Lotos Club Inc?
The Lotos Club Inc's mission is centered around promoting and fostering various artistic and intellectual disciplines among its members. This includes literature, art, sculpture, music, architecture, journalism, education, and the learned professions. The club aims to encourage and support authors, artists, architects, journalists, educators, and other professionals in their respective fields by providing a conducive environment for them to collaborate and engage. The primary objective is to inspire and advance the work of these individuals, ultimately contributing to the enrichment of their respective domains.
Official website here: www.lotosclub.org
What is the revenue of The Lotos Club Inc?
The Lotos Club Inc's revenue in 2024 was $8,576,366.
Official website here: www.lotosclub.org
Who are the executives of The Lotos Club Inc and what are their salaries?
There 200 volunteers at The Lotos Club Inc.
Here are 30 key members and their salaries:
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Official website here: www.lotosclub.org
Where can I find the form 990 for The Lotos Club Inc?
The Lotos Club Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lotosclub.org
Learn more at the official website: www.lotosclub.org
Mission Statement of The Lotos Club Inc
The Lotos Club Inc, a renowned organization, is dedicated to fostering and advancing literature, art, sculpture, music, architecture, journalism, education, and the learned professions among its members. Established with the intention of encouraging and supporting authors, artists, architects, journalists, educators, scientists, and musicians in their respective fields, the Club provides a platform for assembly and collaboration for individuals who share these interests and objectives. By offering a conducive environment, The Lotos Club Inc aims to motivate and aid these professionals in their work, thereby contributing to the enrichment of these disciplines.
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Impact
October, 2024
The Lotos Club Inc has significantly impacted the cultural and intellectual landscape by fostering a vibrant community dedicated to the promotion and development of various art forms and scholarly pursuits. By encouraging collaboration among authors, artists, musicians, architects, and other learned professionals, the club serves as a catalyst for creativity and innovation.
Its emphasis on literature, art, sculpture, music, architecture, journalism, and education creates a space where these disciplines intersect, allowing for cross-pollination of ideas and artistic expression. The club's mission to provide a supportive environment for creators and scholars not only enhances individual artistic endeavors but also enriches the broader cultural narrative of New York.
By hosting events, discussions, and exhibitions, The Lotos Club Inc plays a pivotal role in uplifting the arts and education, making substantial contributions to the cultural fabric of the community. This commitment to excellence and collaboration fosters a legacy of creativity and intellectual engagement that benefits both its members and the wider public.
This information is meant to be a general summary of The Lotos Club 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 2024.
- Investment Income: $134,083
- Program Service Revenue: $3,280,843
- Gross Receipts: $15,479,288
Assets and Liabilities:
- Total Assets: $16,480,018
- Total Liabilities: $7,061,338
- Net Assets: $9,418,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$2,587,208
INITIATION FEES
Revenue
$440,000
MORTGAGE SINKING FUND ASSESSMENT
Revenue
$253,635
Organization Details
Founding Year
1870
Principal Officer
Phyllis Z Ginstling
Website
www.lotosclub.orgNTEE Category
Code: A70 - Arts
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