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American Friends Of The Israeli Opera Inc

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

EIN: 260334637 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of The Israeli Opera Inc?

American Friends of the Israeli Opera Inc is a charitable organization situated in New York, New York. Their primary mission is to financially support the Israeli Opera through various concerts. By hosting these events, they aim to generate funds for this specific religious institution's opera. This nonprofit organization plays a significant role in promoting and sustaining the artistic and cultural scene of the Israeli Opera, thereby enriching the cultural landscape globally.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement) - Score: 73%

The American Friends of The Israeli Opera Inc has received a two-star rating from Charity Navigator, indicating areas needing improvement despite strong accountability and finance metrics. With a perfect score in several categories, including a 100% accountability score and a program expense ratio of nearly 98%, the organization demonstrates effective financial stewardship and a commitment to directing funds toward its mission.

Strengths include a fully independent board, with all ten members meeting the criteria for independence and a robust board size. The organization has shown no material diversion of assets, ensuring that resources are utilized effectively for its programs. Additionally, it documents board meeting minutes, reflecting transparency in governance practices.

However, the two-star rating suggests that there may be concerns in other areas impacting the overall evaluation. While financial metrics are strong, potential issues in program impact or outreach effectiveness have not been detailed, resulting in the need for improvement overall. It is essential for the organization to address these areas to enhance its rating and overall effectiveness in achieving its mission.


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

Is American Friends Of The Israeli Opera Inc legitimate?

American Friends Of The Israeli Opera Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of The Israeli Opera 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

What is the mission statement of American Friends Of The Israeli Opera Inc?

The mission of American Friends Of The Israeli Opera Inc is centered around raising funds for the Israeli Opera. This non-profit organization, while not specified, operates with the primary goal of supporting this religious organization's initiative. Through a series of concerts, they aim to generate financial resources to sustain the Israeli Opera.

Who is the CEO of American Friends Of The Israeli Opera Inc?

Zach Granit is the Director of American Friends Of The Israeli Opera Inc.

What is the revenue of American Friends Of The Israeli Opera Inc?

American Friends Of The Israeli Opera Inc's revenue in 2021 was $58,816.

Who are the executives of American Friends Of The Israeli Opera Inc and what are their salaries?

There 4 volunteers at American Friends Of The Israeli Opera Inc.


There is 1 key member and their salary:


Zach Granit (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of The Israeli Opera Inc?

American Friends Of The Israeli Opera Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of American Friends Of The Israeli Opera Inc

American Friends of the Israeli Opera is an organization dedicated to supporting a specific religious institution. Their primary mission is to raise funds for the Israeli Opera through concerts. By organizing these events, they aim to contribute financially to the Israeli Opera, ensuring its continued operation and success. This nonprofit plays a significant role in promoting the art of opera in Israel, thereby contributing to the cultural landscape of the country.

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Impact




August, 2024

American Friends Of The Israeli Opera Inc's impact is significant in supporting the Israeli Opera through concerts organized to raise funds. Their efforts help sustain the Israeli Opera and contribute to the enrichment of arts and culture. By organizing fundraising events, American Friends Of The Israeli Opera Inc plays a vital role in promoting and supporting the arts, specifically the opera, and fostering cultural connections between Israel and the United States.




This information is meant to be a general summary of American Friends Of The Israeli Opera 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
$58,816 (2021)
Expenses
$45,808 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $83
  • Gross Receipts: $58,816

Assets and Liabilities:

  • Total Assets: $20,095
  • Total Liabilities: $0
  • Net Assets: $20,095

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Organization Details

Founding Year

2007

Principal Officer

Zach Granit

Main Address

C/O DR REUVEN SACHER 200 E 74TH STR, NEW YORK, NY, 10021

NTEE Category

Code: A116 - Arts

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