Overview
What is The Leupold Foundation?
The Leupold Foundation, situated in Colfax, North Carolina, is a dedicated nonprofit organization with a primary focus on preserving, reproducing, and disseminating the cultural heritage of pipe organs and, to a lesser extent, other musical instruments. With a mission that spans centuries and various national schools, this foundation aims to promote and uphold these musical instruments' rich cultural heritage. The organization is led by a team of 13 individuals who work tirelessly towards achieving these goals.
Official website here: www.theleupoldfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Star rating)
The Leupold Foundation holds a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization demonstrates strengths in governance, with a fully independent board and strong financial practices, evidenced by their low liabilities to assets ratio and high program expense ratio. This reflects a commitment to using the majority of their funds for charitable programs.
Despite these positive aspects, the overall score of 69% suggests areas for improvement, particularly in financial transparency. While the foundation meets several benchmarks for accountability, potential donors may want to consider the implications of the score when evaluating the effectiveness and reliability of the organization.
Overall, the Leupold Foundation shows solid operational practices and governance but could benefit from enhanced transparency to increase donor confidence. The high program expense ratio is a positive indicator of their commitment to fulfilling their mission, yet additional insights into their financial practices would strengthen their standing further.
This AI summary has been generated from information found on Charity Navigator.
Is The Leupold Foundation legitimate?
The Leupold Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Leupold 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: $87,173
For more financial information, click here
Official website here: www.theleupoldfoundation.org
What is the mission statement of The Leupold Foundation?
The Leupold Foundation's mission is centered around the preservation, reproduction, and dissemination of cultural heritage, with a focus on the pipe organ and, to a lesser extent, other musical instruments. This cultural preservation spans across various centuries and national schools. The foundation aims to protect and promote these musical instruments' rich history and traditions, ensuring they continue to thrive for future generations.
Official website here: www.theleupoldfoundation.org
Who is the CEO of The Leupold Foundation?
Wayne Leupold is the Director of The Leupold Foundation.
Official website here: www.theleupoldfoundation.org
What is the revenue of The Leupold Foundation?
The Leupold Foundation's revenue in 2022 was $998,869.
Official website here: www.theleupoldfoundation.org
Who are the executives of The Leupold Foundation and what are their salaries?
The average compensation at The Leupold Foundation during 2022 was $6,706. There are 13 employees at The Leupold Foundation.
Here are 10 key members and their salaries:
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Official website here: www.theleupoldfoundation.org
Where can I find the form 990 for The Leupold Foundation?
The Leupold Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theleupoldfoundation.org
Learn more at the official website: www.theleupoldfoundation.org
Mission Statement of The Leupold Foundation
The Leupold Foundation is dedicated to preserving, reproducing, and spreading the culture of pipe organs and, to a lesser extent, other musical instruments from various centuries and national schools. By undertaking this mission, the organization aims to safeguard and promote the rich heritage of these musical instruments, ensuring their continued existence and appreciation for future generations. The Leupold Foundation's activities encompass not only the preservation of existing instruments but also the creation of new ones, as well as the dissemination of knowledge and understanding about these cultural artifacts. Through its efforts, the foundation seeks to nurture a deep appreciation for the history and significance of pipe organs and other musical instruments from around the world.
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Impact
October, 2024
The Leupold Foundation plays a significant role in preserving and promoting the rich cultural heritage associated with the pipe organ and various musical instruments. By focusing on the preservation, reproduction, and dissemination of these musical traditions from all centuries and national schools, it ensures that the artistry and history of these instruments are not lost to future generations.
Through educational initiatives and outreach activities, the foundation fosters a deeper understanding and appreciation of the pipe organ's significance in music history. This work not only highlights the technical and artistic aspects of the instrument but also connects individuals and communities to their musical heritage. By championing the culture of not only the pipe organ but also other musical instruments, The Leupold Foundation contributes to a broader conversation about the importance of musical artistry in society, encouraging ongoing exploration and enjoyment of this vital cultural legacy.
This information is meant to be a general summary of The Leupold 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: $3
- Program Service Revenue: $172,454
- Gross Receipts: $998,869
Assets and Liabilities:
- Total Assets: $1,661,545
- Total Liabilities: $20,704
- Net Assets: $1,640,841
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSIC SALES
Revenue
$103,123
TOC SUBSCRIPTION SALES
Revenue
$28,833
SHIPPING AND DELIVERY INCOME
Revenue
$18,986
ROYALTY INCOME
Revenue
$14,376
MISCELLANEOUS
Revenue
$4,433
Organization Details
Founding Year
2006
Phone
(336) 996-8653Principal Officer
Wayne Leupold
Main Address
8510 TRIAD DR, COLFAX, NC, 27235
Website
www.theleupoldfoundation.orgNTEE Category
Code: B99 - Education
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