Overview
What is Halcyon Foundation?
The Halcyon Foundation is a nonprofit organization, headquartered in the United States, dedicated to supporting the American Museum in Britain. Their primary focus is to raise funds for this esteemed institution, contributing significantly to its operations through fundraising activities conducted within the US. By doing so, the Halcyon Foundation plays a crucial role in fostering the museum's growth and influence, enriching the cultural exchange between the two countries.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
The Halcyon Foundation has earned a Three-Star rating, indicating a solid performance in accountability and finance. The organization scored 75% overall, with its entire rating derived from a single beacon score primarily focused on financial management. The foundation demonstrates strong governance with a fully independent board, scoring perfectly on board independence metrics and financial statement audits.
Strengths highlighted in the data include the complete independence of its board members, effective financial statements, and no reported material diversion of assets. The foundation maintains a low liabilities-to-assets ratio, reflecting good financial health. However, there is a notable area of improvement regarding program expenses, as only 61.26% of its expenses are allocated to programs, which may raise some questions about efficiency in resource allocation.
While the Halcyon Foundation showcases strengths in governance and financial practices, addressing the lower program expense ratio could enhance its overall impact and effectiveness. Maintaining transparency and continuing to build on its financial accountability will be essential for the charity's ongoing reputation and operations.
This AI summary has been generated from information found on Charity Navigator.
Is Halcyon Foundation legitimate?
Halcyon Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Halcyon Foundation 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: $75,105
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Halcyon Foundation?
The Halcyon Foundation's mission is centered around supporting the American Museum in Britain. They accomplish this through various fundraising initiatives based in the United States. The primary objective of the Halcyon Foundation is to contribute financially to the operations and growth of the American Museum in Britain, thereby ensuring its continued success and impact. By engaging in fundraising activities, the foundation plays a crucial role in enabling the museum to fulfill its educational and cultural objectives.
Who is the CEO of Halcyon Foundation?
Linda Hackett Munson is the President of Halcyon Foundation.
What is the revenue of Halcyon Foundation?
Halcyon Foundation's revenue in 2022 was $520,839.
Who are the executives of Halcyon Foundation and what are their salaries?
The average compensation at Halcyon Foundation during 2022 was $75,105. There is 1 employee and 8 volunteers at Halcyon Foundation.
Here are 9 key members and their salaries:
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- Compensation: $75,105
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- Other: $0
Where can I find the form 990 for Halcyon Foundation?
Halcyon Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Halcyon Foundation
The Halcyon Foundation is committed to supporting the American Museum in Britain by engaging in fundraising activities within the United States. By undertaking these initiatives, the foundation aims to contribute significantly to the American Museum in Britain, ensuring its continued success and growth. The Halcyon Foundation's mission is centered around raising funds for the museum, thereby enabling it to maintain its operations and facilitate the sharing of British art and culture with the American public.
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Impact
July, 2024
Halcyon Foundation's impact is centered around supporting the American Museum in Britain through fundraising activities in the United States. By organizing and executing various fundraising initiatives, Halcyon Foundation plays a crucial role in sustaining the operations and growth of the museum, ensuring its continued success in promoting art and culture. Through its dedicated efforts, Halcyon Foundation contributes to the preservation and celebration of arts, benefiting both the museum and the community it serves.
This information is meant to be a general summary of Halcyon Foundation. 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: $280,787
- Gross Receipts: $1,896,337
Assets and Liabilities:
- Total Assets: $6,001,183
- Total Liabilities: $368,464
- Net Assets: $5,632,719
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Organization Details
Founding Year
1957
Phone
(212) 370-0198Principal Officer
Linda Hackett Munson
Main Address
515 FIFTH AVENUE ROOM 725, NEW YORK, NY, 10022
NTEE Category
Code: A110 - Arts
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