Overview
What is Save Venice Inc?
Save Venice Inc, based in New York City, New York, serves as a dedicated nonprofit organization with a mission to preserve, protect, and promote the artistic heritage of Venice, Italy. By raising funds, they finance the restoration of valuable artworks and architectural structures in the city. Furthermore, Save Venice Inc provides grants for educational initiatives to foster Venetian scholarship and conservation. Their efforts aim to advance knowledge and appreciation for the rich cultural heritage of Venice, ultimately ensuring its longevity and significance for future generations. With a committed team of six individuals, Save Venice Inc stands as a testament to the power of community-driven preservation and cultural enrichment.
Official website here: www.savevenice.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95%, Four-Star out of Four Star rating.
Save Venice Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The organization excels with a perfect score in several key areas, including the independence of its board members and a strong financial oversight framework. With 79.92% of its expenses directed towards its programs, the organization demonstrates a commitment to effectively utilizing its resources for its mission.
The charity's financial health is further evidenced by its low liabilities to assets ratio of 0.37% and a robust working capital ratio of 3.21 years, indicating that it is well-positioned to sustain and expand its activities. Additionally, the organization maintains comprehensive policies concerning conflicts of interest and whistleblower protections, which enhance its transparency and governance practices.
While the rating highlights the organization's strengths, potential donors and supporters may want to explore the specific programs and initiatives Save Venice Inc undertakes to understand the full impact of their contributions. Overall, the charity's financial management and structural integrity position it as a reliable option for those looking to support preservation efforts in Venice.
This AI summary has been generated from information found on Charity Navigator.
Is Save Venice Inc legitimate?
Save Venice Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Save Venice 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: $207,259
Professional Fundraising Fees: $0
Other Salaries and Wages: $384,476
For more financial information, click here
Official website here: www.savevenice.org
What is the mission statement of Save Venice Inc?
Save Venice Inc's mission is centered around preserving, protecting, and promoting the artistic heritage of a specific location - Venice, Italy. The organization raises funds to finance art conservation projects and provides grants for educational initiatives aimed at advancing Venetian scholarship and conservation. By doing so, Save Venice Inc contributes to the protection and promotion of Venice's rich artistic heritage, ensuring its longevity for future generations. The organization also supports educational initiatives to foster a deeper understanding and appreciation of Venice's art and culture.
Official website here: www.savevenice.org
Who is the CEO of Save Venice Inc?
Frederick Ilchman is the Chairman of Save Venice Inc.
Official website here: www.savevenice.org
What is the revenue of Save Venice Inc?
Save Venice Inc's revenue in 2022 was $6,780,618.
Official website here: www.savevenice.org
Who are the executives of Save Venice Inc and what are their salaries?
The average compensation at Save Venice Inc during 2022 was $98,622. There are 6 employees and 46 volunteers at Save Venice Inc.
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- Compensation: $178,500
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- Other: $28,758
Official website here: www.savevenice.org
Where can I find the form 990 for Save Venice Inc?
Save Venice Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.savevenice.org
Learn more at the official website: www.savevenice.org
Mission Statement of Save Venice Inc
Save Venice Inc, a renowned non-profit organization, is dedicated to preserving, protecting, and promoting the artistic heritage of Venice, Italy. Their mission is multifaceted, involving the raising of funds to finance art conservation and educational initiatives. By providing grants for these projects, Save Venice Inc contributes to the advancement of Venetian scholarship and conservation. The organization's primary objective is to ensure that the rich artistic legacy of Venice continues to thrive, maintaining its historical and cultural significance for future generations.
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Impact
October, 2024
Save Venice Inc significantly impacts the preservation and restoration of Venice's artistic heritage. By raising funds specifically for the conservation of artworks and architecture in Venice, the organization plays a vital role in maintaining the city's unique cultural landscape. Through its initiatives, it not only finances art restoration projects but also provides grants aimed at advancing Venetian scholarship and conservation-related educational programs. This dual focus ensures that both the physical restoration of historical artifacts and the knowledge surrounding them are sustained, enriching the understanding and appreciation of Venice's rich history for future generations. The efforts of Save Venice Inc promote awareness and engagement with Venetian culture on an international scale, helping to safeguard an invaluable part of our global artistic legacy.
This information is meant to be a general summary of Save Venice 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: $231,528
- Gross Receipts: $10,144,717
Assets and Liabilities:
- Total Assets: $10,854,062
- Total Liabilities: $40,375
- Net Assets: $10,813,687
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Organization Details
Founding Year
1971
Phone
(212) 737-3141Principal Officer
Frederick Ilchman
Main Address
133 EAST 58TH STREET 501, NEW YORK, NY, 10022
Website
www.savevenice.orgNTEE Category
Code: Q122 - International
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