Overview
What is Town Hall Foundation Inc?
Town Hall Foundation Inc is a nonprofit organization with a mission to preserve and promote the Town Hall, a significant historic landmark building. They achieve this by hosting educational and artistic events within the building's premises, thereby enriching the cultural landscape. The organization also extends its services by renting out the facility to other organizations for the production of similar events. This dual approach allows the Town Hall Foundation to contribute to the community's cultural growth while generating revenue for its preservation and upkeep.
Official website here: www.the-townhall-nyc.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)**
The Town Hall Foundation Inc has achieved an impressive rating of 96%, reflecting its strong commitment to accountability and finance. This rating is primarily derived from its outstanding performance in various areas, including having a fully independent board and a solid financial oversight committee. The foundation has maintained a good program expense ratio of 82.64%, indicating that a significant portion of its resources is directed towards its programs.
Strengths of the organization include transparency and adherence to best practices, as evidenced by the absence of asset diversion and the establishment of comprehensive policies including those for conflict of interest and whistleblower protection. However, it's worth noting that the organization did not post its tax form on its website, which impacts its overall score.
User reviews from GreatNonprofits are currently unavailable, which limits more detailed insights into public sentiment about the foundation's work. Overall, this high rating from Charity Navigator suggests a solid reputation for financial stewardship, though the lack of user feedback means the experience of beneficiaries and constituents is not captured in this summary.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Town Hall Foundation Inc?
86% of 976 reviewers on Facebook recommend Town Hall Foundation Inc. Here is a summary of their reviews:
Overall, the sentiment towards the organization appears to be positive, suggesting that many feel confident in the foundation's mission and the impact it aims to have in the community. However, there are some voices expressing disappointment, particularly regarding accessibility issues, such as audio quality during events, which hindered their ability to engage fully.
While the majority have expressed support and optimism about the foundation's plans, feedback indicates that there's room for improvement in ensuring that all aspects of their programming are accessible and effective for the community they serve.
This AI summary has been generated from reviews found on Facebook.
Is Town Hall Foundation Inc legitimate?
Town Hall Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Town Hall 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: $182,443
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,724,609
For more financial information, click here
Official website here: www.the-townhall-nyc.org
What is the mission statement of Town Hall Foundation Inc?
The Town Hall Foundation Inc., in its mission, strives to support and preserve a historically significant national landmark building, known as the Town Hall. They achieve this by organizing and hosting educational and artistic events within the building. Additionally, the foundation extends its activities to renting the premises to other entities for the production of similar events, contributing to the dissemination of knowledge and artistic expression.
Official website here: www.the-townhall-nyc.org
Who is the CEO of Town Hall Foundation Inc?
Tom Wirtshafter is the President of Town Hall Foundation Inc.
Official website here: www.the-townhall-nyc.org
What is the revenue of Town Hall Foundation Inc?
Town Hall Foundation Inc's revenue in 2022 was $7,125,964.
Official website here: www.the-townhall-nyc.org
Who are the executives of Town Hall Foundation Inc and what are their salaries?
The average compensation at Town Hall Foundation Inc during 2022 was $22,175. There are 86 employees and 30 volunteers at Town Hall Foundation Inc.
Here are 19 key members and their salaries:
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Official website here: www.the-townhall-nyc.org
Where can I find the form 990 for Town Hall Foundation Inc?
Town Hall Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.the-townhall-nyc.org
Learn more at the official website: www.the-townhall-nyc.org
Mission Statement of Town Hall Foundation Inc
The Town Hall Foundation, a renowned organization, is dedicated to preserving and enhancing the Town Hall, a significant national historic landmark. Its primary mission is to organize and host a variety of educational and artistic events within the building's premises. Furthermore, the foundation extends its activities beyond its own events, offering the rental of its facilities to other organizations seeking to produce educational and artistic events. By doing so, the Town Hall Foundation not only preserves this historical landmark but also contributes to the dissemination of knowledge and the promotion of artistic expression within the community.
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Impact
October, 2024
The Town Hall Foundation Inc enhances cultural and educational outreach by supporting and preserving a national historic landmark in New York. By hosting a diverse array of educational and artistic events, it not only enriches the local community but also attracts a broader audience interested in the arts. The organization provides a venue for various productions, allowing artists and educators to share their work while fostering artistic collaboration. Through these efforts, it plays a crucial role in maintaining the historical significance of Town Hall and promoting the arts within the city.
This information is meant to be a general summary of Town Hall 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $17,128
- Program Service Revenue: $4,066,499
- Gross Receipts: $7,125,964
Assets and Liabilities:
- Total Assets: $11,234,832
- Total Liabilities: $4,828,925
- Net Assets: $6,405,907
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BOX OFFICE & SUBSCRIPTION
Revenue
$1,593,107
CONCESSION & FACILITY
Revenue
$254,206
HALL RENTAL
Revenue
$1,423,324
SBA PPP LOAN INCOME
Revenue
$146,312
SCHOOL RENTAL
Revenue
$598,500
Organization Details
Founding Year
1978
Phone
(212) 997-1003Principal Officer
Tom Wirtshafter
Main Address
123 WEST 43RD STREET, NEW YORK, NY, 10036
Website
www.the-townhall-nyc.orgNTEE Category
Code: A12 - Arts
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