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Cameron Parsons Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205022782 ✦ Santa monica, CA ✦ Designated as a 501(c)(3)

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Overview

What is Cameron Parsons Foundation Inc?

The Cameron Parsons Foundation Inc, situated in Santa Monica, California, is a nonprofit organization with a mission to preserve and share the art and literary works of Cameron Parsons. This foundation is dedicated to conserving and promoting the artistic legacy of both Cameron Parsons and his associate, Jack Parsons. By carrying out this mission, the foundation seeks to benefit the wider public, ensuring that the creative output of these influential figures continues to inspire and intrigue generations to come.


Official website here: www.cameron-parsons.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Cameron Parsons Foundation Inc has received a 76% rating, indicating a relatively solid performance in managing its finances and accountability. The foundation boasts a fully independent board with ten out of ten members, which reflects strong governance practices. Additionally, the organization maintains a low liabilities to assets ratio of 0.91%, which signifies financial stability, and an impressive program expense ratio of 76.11%, suggesting that a significant portion of funds is directed toward its charitable programs.

However, there are notable deficiencies in the organization's policies. The foundation lacks a conflict of interest policy, a whistleblower policy, and document retention and destruction policies, receiving zero out of seven points in these areas. These omissions could potentially expose the organization to risks related to governance and transparency. Overall, while the Cameron Parsons Foundation demonstrates strengths in board independence and financial metrics, addressing its policy gaps will be crucial for enhancing its accountability and trust among stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Cameron Parsons Foundation Inc legitimate?

Cameron Parsons Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cameron Parsons 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cameron-parsons.org/

What is the mission statement of Cameron Parsons Foundation Inc?

The Cameron Parsons Foundation Inc is dedicated to preserving and disseminating the artistic and literary works of an unnamed individual. Through their conservation efforts, the foundation aims to make these creations accessible to the general public for their benefit. The primary goal of the foundation is to uphold and foster the legacy of this artist, thereby contributing to the broader cultural landscape.


Official website here: www.cameron-parsons.org/

Who is the CEO of Cameron Parsons Foundation Inc?

Scott Hobbs is the President of Cameron Parsons Foundation Inc.


Official website here: www.cameron-parsons.org/

What is the revenue of Cameron Parsons Foundation Inc?

Cameron Parsons Foundation Inc's revenue in 2022 was $3,240.


Official website here: www.cameron-parsons.org/

Who are the executives of Cameron Parsons Foundation Inc and what are their salaries?

There 4 volunteers at Cameron Parsons Foundation Inc.


Here are 6 key members and their salaries:


Scott Hobbs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanja Landen (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Leonelli (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Hains (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Ballesteros (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maggy Howe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cameron-parsons.org/

Where can I find the form 990 for Cameron Parsons Foundation Inc?

Cameron Parsons Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cameron-parsons.org/

Learn more at the official website: www.cameron-parsons.org/

Mission Statement of Cameron Parsons Foundation Inc

The Cameron Parsons Foundation Inc is committed to preserving and showcasing the artistic and literary works of Cameron and Jack Parsons. Their mission, as an organization, is centered around the conservation of Cameron Parsons' artwork, making it accessible to the public for their enrichment. By doing so, the foundation aims to contribute positively to the artistic community at large.

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Impact




August, 2024

The Cameron Parsons Foundation Inc's impact lies in the conservation and promotion of the art and writings of Cameron and Jack Parsons. Through their efforts, they are preserving Cameron's artwork and making it available for the benefit of the general public. By focusing on this mission, the foundation is contributing to the preservation and dissemination of valuable cultural and artistic works, enriching the arts landscape for all.




This information is meant to be a general summary of Cameron Parsons 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.

Revenue
$3,240 (2022)
Expenses
$6,510 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1
  • Gross Receipts: $3,240

Assets and Liabilities:

  • Total Assets: $556,028
  • Total Liabilities: $5,817
  • Net Assets: $550,211

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Organization Details

Founding Year

2007

Principal Officer

Scott Hobbs

Main Address

229 San Vicente Blvd, Santa Monica, CA, 90402

NTEE Category

Code: A51 - Arts

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