Overview
What is Statue Of Liberty Ellis Island Foundation Inc?
The Statue of Liberty-Ellis Island Foundation Inc is a renowned nonprofit organization based in New York City. In a remarkable public-private partnership with the National Park Service, they oversee a self-guided/audio tour program for Liberty Island and the Ellis Island Museum. The foundation generates revenues from these tours, which are utilized for projects agreed upon by both parties. Established in 1982, the organization has significantly contributed to the historic restoration of the Statue of Liberty and Ellis Island. They have created the Ellis Island National Museum of Immigration, developed a free 65-million-record Ellis Island Passenger Database, constructed the Statue of Liberty Museum, and funded over 200 additional projects on the islands. Their mission involves restoring and preserving the Statue of Liberty National Monument, including Ellis Island, as well as managing records and artifacts of historic interest related to the millions of immigrants who entered the United States through the Port of New York and Ellis Island. The foundation employs a workforce of 36 individuals.
Official website here: www.statueofliberty.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
The Statue Of Liberty Ellis Island Foundation Inc has received a high rating of 98% from Charity Navigator, reflecting its strong performance in accountability and finance. This score indicates that the organization is effectively managing its resources and maintaining transparency in its operations, which is crucial for donor trust and support. The foundation is recognized for its commitment to ethical practices, with comprehensive policies in place to handle conflicts of interest and ensure whistleblower protections.
One of the organization's notable strengths is its independent board, which consists of 95% independent members, contributing to its governance and oversight. The foundation's financial health is underscored by a low liabilities to assets ratio of 2.14%, suggesting it is well-positioned to meet its obligations. Additionally, the significant program expense ratio of 68.18% indicates a strong focus on its mission-related activities.
Despite these strengths, the program expense ratio could still be improved to allocate a larger proportion of funds directly to programs, as the maximum possible score is close to that at 25 points. Nevertheless, the overall assessment highlights the foundation's effective management and commitment to its mission, making it a reliable choice for donors interested in supporting its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Statue Of Liberty Ellis Island Foundation Inc legitimate?
Statue Of Liberty Ellis Island Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Statue Of Liberty Ellis Island 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: $1,115,296
Professional Fundraising Fees: $207,549
Other Salaries and Wages: $1,271,712
For more financial information, click here
Official website here: www.statueofliberty.org
What is the mission statement of Statue Of Liberty Ellis Island Foundation Inc?
The Statue of Liberty-Ellis Island Foundation is a non-profit organization that collaborates with the National Park Service in one of America's most successful public-private partnerships. Established in 1982, the foundation was tasked by President Ronald Reagan with raising private funds for the historic restoration of the Statue of Liberty and Ellis Island. The organization's mission is to restore and preserve the Statue of Liberty National Monument, which encompasses Ellis Island. It also oversees records and other artifacts of historic interest related to the millions of immigrants who entered the United States through the Port of New York and Ellis Island. The foundation has created the Ellis Island National Museum of Immigration, developed the free 65-million-record Ellis Island Passenger Database, constructed the Statue of Liberty Museum, maintained museum exhibits, and funded over 200 additional projects on the islands.
Official website here: www.statueofliberty.org
Who is the CEO of Statue Of Liberty Ellis Island Foundation Inc?
Jesse Brackenbury is the Dir/Pres/Ceo of Statue Of Liberty Ellis Island Foundation Inc. The CEO's salary of Statue Of Liberty Ellis Island Foundation Inc is $354,357 and their total compensation is $401,607.
Official website here: www.statueofliberty.org
What is the revenue of Statue Of Liberty Ellis Island Foundation Inc?
Statue Of Liberty Ellis Island Foundation Inc's revenue in 2023 was $15,452,071.
Official website here: www.statueofliberty.org
Who are the executives of Statue Of Liberty Ellis Island Foundation Inc and what are their salaries?
The average compensation at Statue Of Liberty Ellis Island Foundation Inc during 2023 was $66,306. There are 36 employees and 111 volunteers at Statue Of Liberty Ellis Island Foundation Inc.
Here are 32 key members and their salaries (Statue Of Liberty Ellis Island Foundation Inc's CEO's salary is $354,357 and their total compensation is $401,607):
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- Compensation: $139,440
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- Compensation: $104,745
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- Other: $39,755
- Compensation: $109,249
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- Other: $27,828
- Compensation: $111,776
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- Other: $15,488
Official website here: www.statueofliberty.org
Where can I find the form 990 for Statue Of Liberty Ellis Island Foundation Inc?
Statue Of Liberty Ellis Island Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.statueofliberty.org
Learn more at the official website: www.statueofliberty.org
Mission Statement of Statue Of Liberty Ellis Island Foundation Inc
The Statue of Liberty Ellis Island Foundation Inc is a non-profit organization that collaborates with the National Park Service in one of America's most successful public-private partnerships. Established in response to a plea from President Ronald Reagan in 1982, the Foundation was tasked with raising private funds for the historic restoration of the Statue of Liberty and Ellis Island. Over the years, the Foundation has expanded its role, creating the Ellis Island National Museum of Immigration, developing the free 65-million-record Ellis Island Passenger Database, constructing the Statue of Liberty Museum, maintaining museum exhibits, and funding over 200 additional projects on the islands.
At its core, the Statue of Liberty Ellis Island Foundation Inc is dedicated to restoring and preserving the Statue of Liberty National Monument, which encompasses Ellis Island. The organization is responsible for the custody and control of records and other artifacts of historic interest related to the Statue of Liberty and the millions of immigrants who entered the United States through the Port of New York and Ellis Island. Through its efforts, the Foundation aims to safeguard the rich history of immigration to the United States and ensure that future generations can learn from and be inspired by the stories of those who came before them.
Moreover, the Foundation's projects go beyond mere restoration and preservation. They serve to educate and engage visitors, providing them with a deeper understanding of the historical and cultural significance of the Statue of Liberty and Ellis Island. The Foundation's work is a testament to the power of public-private partnerships and the impact they can have on preserving our nation's history and heritage.
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Impact
October, 2024
The Statue of Liberty Ellis Island Foundation Inc significantly enhances the cultural and historical appreciation of two of America's most iconic landmarks: Liberty Island and Ellis Island. Through its self-guided and audio tour programs, which cater to a diverse audience by offering content in 12 languages along with ASL and audio descriptor tours, the foundation ensures that millions of visitors—approximately 3.3 million in fiscal year 2023—can engage with these historical sites in a meaningful way.
The foundation's initiatives extend beyond tours. It has played a pivotal role in the restoration and preservation of the Statue of Liberty and the development of the Ellis Island National Museum of Immigration. The establishment of the free 65-million-record Ellis Island passenger database is a monumental achievement, providing invaluable access to the historical records of millions of immigrants who passed through its gates, thereby fostering a deeper understanding of American immigration history.
Additionally, the foundation's collaboration with the National Park Service enables it to fund and support over 200 projects, ensuring the maintenance of museum exhibits and the ongoing preservation of historic artifacts. This public-private partnership, initiated under President Ronald Reagan’s direction, exemplifies a successful model of how private contributions can significantly amplify the impact of public institutions. The foundation's mission not only preserves these landmarks but also educates the public about their historical significance, fostering a sense of connection to America's rich tapestry of immigration and liberty.
This information is meant to be a general summary of Statue Of Liberty Ellis Island 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: $670,103
- Program Service Revenue: $11,179,105
- Gross Receipts: $18,549,272
Assets and Liabilities:
- Total Assets: $74,881,554
- Total Liabilities: $1,609,443
- Net Assets: $73,272,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SELF-GUIDED/AUDIO TOUR OPERATION
Revenue
$10,886,245
HISTORY CENTER OPERATIONS
Revenue
$292,860
Organization Details
Founding Year
1981
Phone
(212) 561-4500Principal Officer
Jesse Brackenbury
Main Address
17 BATTERY PLACE 324, NEW YORK, NY, 10004
Website
www.statueofliberty.orgNTEE Category
Code: A800 - Arts
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