Overview
What is Opus 40 Inc?
Opus 40 Inc, established in Saugerties, New York, is a nonprofit organization that focuses on preserving and utilizing a unique property while offering artistic programs to the public. Their mission is to connect individuals with nature and creativity, achieving this goal through a park, a museum, a performance space, and an educational facility. With a team of 27 dedicated employees, Opus 40 Inc aims to promote artistic engagement and educational experiences to the community.
Official website here: www.opus40.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%
Opus 40 Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting strong performance in accountability and finance, with a score of 96%. The organization demonstrates a high level of transparency and governance, featuring an independent board with a majority of members, robust financial practices, and comprehensive policies addressing conflicts of interest and whistleblower protections. The low liabilities to assets ratio further indicates a solid financial standing.
In terms of program expenses, Opus 40 allocates approximately 70.95% of its budget directly to its programs, showcasing a strong commitment to its mission and effective use of donor funds. The 85% score in culture and community highlights the organization’s efforts in maintaining a positive workplace and engagement with the community it serves. This contributes to their reputation and effectiveness as a nonprofit.
However, while Opus 40 excels in key areas, there is always room for improvement. The culture and community score, while commendable, suggests potential opportunities for further enhancement of engagement strategies and equity initiatives. Overall, Opus 40 Inc stands out as a well-managed organization dedicated to its goals, with a solid financial foundation and a commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Opus 40 Inc legitimate?
Opus 40 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Opus 40 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: $50,233
Professional Fundraising Fees: $0
Other Salaries and Wages: $175,418
For more financial information, click here
Official website here: www.opus40.org
What is the mission statement of Opus 40 Inc?
Opus 40 Inc's mission is centered around making natural and creative resources accessible to the public. They achieve this by establishing and maintaining a park, museum, performance space, and an educational facility. The organization's primary goal is to use these facilities to share these resources with the general public, fostering engagement and learning opportunities. The organization also presents arts programs, contributing to cultural enrichment and education.
Official website here: www.opus40.org
Who is the CEO of Opus 40 Inc?
Alan Wanzenberg is the President of Opus 40 Inc.
Official website here: www.opus40.org
What is the revenue of Opus 40 Inc?
Opus 40 Inc's revenue in 2022 was $918,458.
Official website here: www.opus40.org
Who are the executives of Opus 40 Inc and what are their salaries?
The average compensation at Opus 40 Inc during 2022 was $8,357. There are 27 employees and 12 volunteers at Opus 40 Inc.
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- Compensation: $50,233
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Official website here: www.opus40.org
Where can I find the form 990 for Opus 40 Inc?
Opus 40 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.opus40.org
Learn more at the official website: www.opus40.org
Mission Statement of Opus 40 Inc
Opus 40 Inc, a nonprofit organization, is dedicated to sharing natural and creative resources with the public. They achieve this mission through various means, including a park, a museum, a performance space, and an educational facility. The primary goal of Opus 40 Inc is to provide access to these resources, fostering a connection between nature, art, and learning for the general public. The organization's activities extend beyond mere maintenance of the property; they also present a wide range of arts programs, engaging the community in creative endeavors and educational experiences.
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Impact
August, 2024
Opus 40 Inc's impact can be seen through its commitment to bringing natural and creative resources to the public through various avenues such as a park, museum, performance space, and an educational facility. By maintaining the property and offering arts programs, Opus 40 Inc contributes to the enrichment and cultural development of the community in Saugerties, NY. Its mission to highlight the intersection of natural beauty and artistic expression through its various amenities underscores its dedication to promoting the arts and providing a space for creativity to flourish. Through its efforts, Opus 40 Inc plays a pivotal role in fostering artistic appreciation and engagement within the local community.
This information is meant to be a general summary of Opus 40 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 2022.
- Investment Income: $115
- Program Service Revenue: $336,149
- Gross Receipts: $968,581
Assets and Liabilities:
- Total Assets: $940,433
- Total Liabilities: $18,154
- Net Assets: $922,279
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$336,149
Organization Details
Founding Year
1978
Phone
(845) 246-3400Principal Officer
Alan Wanzenberg
Main Address
50 FITE ROAD, SAUGERTIES, NY, 12477
Website
www.opus40.orgNTEE Category
Code: A40 - Arts
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