Overview
What is Lambs Foundation?
The Lambs Foundation, based in New York City, New York, primarily focuses on providing support to nonprofit theatre groups and contributing to the arts sector more broadly. This involves providing educational resources and aiding in their development. Their mission encompasses both these aspects, aiming to foster growth and learning within the arts community. Situated at 3 WEST 51ST STREET 5TH FLOOR, the organization continues to make a significant impact in promoting and nurturing the arts.
Official website here: www.thelambsfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Lambs Foundation has earned an 83% rating from Charity Navigator, which reflects strong performance in accountability and finance. The organization has an independent board with all members being independent, a solid structure that contributes positively to its governance. The absence of any material diversion of assets further underscores the foundation's commitment to financial integrity.
While the organization scores well in many areas, there are notable limitations. The lack of a whistleblower policy and inadequate documentation regarding retention and destruction practices are significant shortcomings that may require attention. Furthermore, the foundation has not posted its tax documents on its website, which is recommended for transparency purposes.
Overall, Lambs Foundation demonstrates a commitment to accountability with a robust finance management structure, although certain governance policies could be improved to enhance its transparency and ethical practices.
This AI summary has been generated from information found on Charity Navigator.
Is Lambs Foundation legitimate?
Lambs Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lambs 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thelambsfoundation.org
What is the mission statement of Lambs Foundation?
The Lambs Foundation's mission is centered around providing support to nonprofit theater groups and promoting education in the arts. In essence, they strive to foster the artistic growth and development of these groups, thereby contributing to the overall enrichment of the arts community. Additionally, the foundation extends its support beyond the realm of theater, further advocating for education in the arts as a whole.
Official website here: www.thelambsfoundation.org
Who is the CEO of Lambs Foundation?
Kevin Fitzpatrick is the Vice Preside of Lambs Foundation.
Official website here: www.thelambsfoundation.org
What is the revenue of Lambs Foundation?
Lambs Foundation's revenue in 2022 was $54,696.
Official website here: www.thelambsfoundation.org
Who are the executives of Lambs Foundation and what are their salaries?
There 6 volunteers at Lambs Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thelambsfoundation.org
Where can I find the form 990 for Lambs Foundation?
Lambs Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thelambsfoundation.org
Learn more at the official website: www.thelambsfoundation.org
Mission Statement of Lambs Foundation
The Lambs Foundation, a notable entity, is committed to providing support for nonprofit theatre groups and fostering education in the arts. Its mission is multifaceted, encompassing the provision of resources and aid to nonprofit theatre organizations. Beyond this, the foundation also plays a role in promoting the arts as a whole, extending its support to various artistic ventures. In essence, the Lambs Foundation is dedicated to nurturing and bolstering the nonprofit theatre community, while simultaneously advancing the field of arts education.
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Impact
August, 2024
Lambs Foundation has a significant impact on supporting theatre groups and education in the arts. Through its work, it contributes to the flourishing of artistic endeavors and the growth of creative talents. This support not only helps sustain theatre groups but also fosters a vibrant arts community, enriching society and providing opportunities for individuals to express themselves creatively. The foundation's dedication to enhancing education in the arts ensures that future generations have access to valuable resources and opportunities to explore their artistic potential. Its impact resonates both within the theatre community and across broader society, uplifting and inspiring individuals through the power of the arts.
This information is meant to be a general summary of Lambs 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: $18,923
- Gross Receipts: $54,696
Assets and Liabilities:
- Total Assets: $1,099,011
- Total Liabilities: $0
- Net Assets: $1,099,011
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Organization Details
Founding Year
1943
Phone
(212) 586-0306Principal Officer
Kevin Fitzpatrick
Main Address
3 WEST 51ST STREET 5TH FLOOR, NEW YORK, NY, 10019
Website
www.thelambsfoundation.orgNTEE Category
Code: A20 - Arts
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