Overview
What is Horological Society Of New York Inc?
The Horological Society of New York Inc, established in New York City, is a distinguished nonprofit organization with a focus on horology. With a team of four dedicated individuals, the society advances the art and science of timekeeping through various initiatives. They offer public classes, taught by skilled watchmakers, making horological education engaging and accessible. By doing so, they contribute to their mission of promoting horology, attracting a diverse membership of watchmakers, clockmakers, executives, journalists, auctioneers, historians, salespeople, and collectors, reflecting the vibrant horological community in New York City. The society's classes, recognized for their excellence, are a testament to their commitment to fostering knowledge and appreciation for horology.
Official website here: www.hs-ny.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92% (Four-Star out of Four Star rating)
The Horological Society of New York Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The overall score is driven entirely by its accountability and finance metrics, which showcase a commitment to transparency and responsible management of resources.
One of the organization's notable strengths is its governance structure, with a 100% independent board of directors, demonstrating a commitment to unbiased decision-making. The organization maintains rigorous oversight with a dedicated audit committee and a clear conflict of interest policy. Additionally, it shows a high program expense ratio of 71.84%, indicating that a significant portion of its funds directly supports its core mission.
While the organization excels in many areas, it is worth noting that it lacks a whistleblower policy and a document retention and destruction policy. However, these minor limitations do not overshadow its overall strong financial performance and commitment to accountability, making it a reputable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Horological Society Of New York Inc?
94% of 10 reviewers on Facebook recommend the Horological Society of New York Inc. Here is a summary of their reviews:
Many current and former members praise the organization, highlighting its significant impact on their careers in watchmaking. One reviewer expressed deep gratitude for the group, stating that attending their first meeting in 1990 was pivotal for their professional journey. This sentiment reflects a strong sense of community and support within the society, reinforcing its value to enthusiasts and professionals alike.
Overall, the Horological Society of New York is appreciated for its role in fostering a connection among watchmaking enthusiasts and for providing valuable resources and networking opportunities. The positive experiences shared indicate that the organization successfully delivers on its promise to support members in their passion for horology.
This AI summary has been generated from reviews found on Facebook.
Is Horological Society Of New York Inc legitimate?
Horological Society Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horological Society Of New York 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: $119,559
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,635
For more financial information, click here
Official website here: www.hs-ny.org
What is the mission statement of Horological Society Of New York Inc?
The Horological Society of New York Inc is committed to advancing the art and science of horology. The organization's membership is diverse, comprising watchmakers, clockmakers, journalists, auctioneers, historians, salespeople, and collectors, reflecting the rich nature of horology in New York City. The society offers classes to the public, taught by professional watchmakers. These award-winning classes further the society's mission by making horological education accessible and enjoyable for the public, contributing to the growth and appreciation of horology.
Official website here: www.hs-ny.org
Who is the CEO of Horological Society Of New York Inc?
Nicholas Manousos is the President of Horological Society Of New York Inc.
Official website here: www.hs-ny.org
What is the revenue of Horological Society Of New York Inc?
Horological Society Of New York Inc's revenue in 2022 was $952,351.
Official website here: www.hs-ny.org
Who are the executives of Horological Society Of New York Inc and what are their salaries?
The average compensation at Horological Society Of New York Inc during 2022 was $64,798. There are 4 employees and 19 volunteers at Horological Society Of New York Inc.
Here are 17 key members and their salaries:
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Official website here: www.hs-ny.org
Where can I find the form 990 for Horological Society Of New York Inc?
Horological Society Of New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hs-ny.org
Learn more at the official website: www.hs-ny.org
Mission Statement of Horological Society Of New York Inc
The Horological Society of New York, a distinguished organization, is committed to promoting the art and science of horology. This society, which attracts a diverse group of individuals such as watchmakers, clockmakers, executives, journalists, auctioneers, historians, salespeople, and collectors, reflects the rich horological landscape of New York City. The Horological Society of New York's mission is twofold: it seeks to advance the field of horology through education and enjoyment.
To fulfill this mission, the society offers award-winning classes to the public, led by professional watchmakers. These classes make horological education accessible, engaging, and appealing to a wide audience, aligning with the organization's goal of fostering a deeper appreciation for horology. By providing these educational opportunities, the Horological Society of New York is not only serving its members but also contributing to the broader horological community, fostering a shared passion and understanding of this intricate craft.
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Impact
October, 2024
The Horological Society of New York Inc plays a significant role in promoting the art and science of horology, fostering a vibrant community of enthusiasts and professionals in the field. By offering classes taught by professional watchmakers, the organization makes horological education accessible and enjoyable to the public. This initiative helps demystify the intricacies of timekeeping, encouraging a broader appreciation for the craftsmanship and innovation involved in the creation and repair of timepieces.
The diverse membership of HSNY, which includes watchmakers, clockmakers, executives, journalists, auctioneers, historians, salespeople, and collectors, reflects the depth and richness of horology in New York City. This mix not only enhances the learning experience but also fosters collaboration and exchange of knowledge among individuals from various backgrounds and expertise.
Through its dedication to horological education and community engagement, HSNY contributes to preserving and advancing the legacy of horology, inspiring future generations to explore this intricate and fascinating field.
This information is meant to be a general summary of Horological Society Of New York 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: $288
- Program Service Revenue: $224,590
- Gross Receipts: $986,109
Assets and Liabilities:
- Total Assets: $2,048,787
- Total Liabilities: $4,937
- Net Assets: $2,043,850
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE INCOME
Revenue
$224,590
Organization Details
Founding Year
1934
Phone
(212) 704-4041Principal Officer
Nicholas Manousos
Main Address
20 WEST 44 ST 501, NEW YORK, NY, 10036
Website
www.hs-ny.orgNTEE Category
Code: U20 - Science research
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