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The Nicholas Ray 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: 261756712 ✦ Rhinecliff, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Nicholas Ray Foundation Inc?

The Nicholas Ray Foundation Inc, located in Rhinecliff, New York, is a nonprofit organization dedicated to preserving and showcasing the film legacy of Nicholas Ray, a renowned filmmaker as a writer, producer, and director. Their primary mission involves restoring and preparing films, archived documents, and related items related to Nicholas Ray for screenings and presentations worldwide. The foundation aims to promote and celebrate Nicholas Ray's cinematic contributions, fostering appreciation for his artistic vision.


Official website here: www.nicholasrayfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

The Nicholas Ray Foundation Inc has received a solid Three-Star rating from Charity Navigator, signifying a good level of accountability and financial health. The charity scored particularly well in areas such as independent board governance, maintaining a majority of independent board members, and demonstrating responsible financial practices with a program expense ratio of 78.76%. This indicates a strong focus on programmatic expenditures relative to overall financial resources.

Despite its strengths, the foundation has notable limitations in its accountability policies. Specifically, it received zero points for its whistleblower policy and document retention practices. Furthermore, while it has a solid track record of financial transparency, the absence of its tax form on the nonprofit's website and low scoring in certain governance practices could potentially raise concerns among donors about transparency and operational standards.

Overall, The Nicholas Ray Foundation Inc demonstrates a commitment to its mission with a well-structured board and significant program spending, though there are areas for improvement in governance and transparency to enhance donor confidence further.


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

Is The Nicholas Ray Foundation Inc legitimate?

The Nicholas Ray Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Nicholas Ray 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.nicholasrayfoundation.org

What is the mission statement of The Nicholas Ray Foundation Inc?

The mission of The Nicholas Ray Foundation Inc. is centered around promoting the cinematic contributions of a notable filmmaker as a writer, producer, and director. This is achieved through various means, including the restoration of related films and items pertaining to Nicholas Ray. Furthermore, archived documents and films are prepared for public shows and presentations. The foundation also screens Nicholas Ray's film archives worldwide, thereby preserving and showcasing his significant work in the film industry.


Official website here: www.nicholasrayfoundation.org

What is the revenue of The Nicholas Ray Foundation Inc?

The Nicholas Ray Foundation Inc's revenue in 2021 was $1,571.


Official website here: www.nicholasrayfoundation.org

Who are the executives of The Nicholas Ray Foundation Inc and what are their salaries?

Here are 4 key members and their salaries:


Paul Caron (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myron Meisel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Ray (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Ray (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nicholasrayfoundation.org

Where can I find the form 990 for The Nicholas Ray Foundation Inc?

The Nicholas Ray Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.nicholasrayfoundation.org

Learn more at the official website: www.nicholasrayfoundation.org

Mission Statement of The Nicholas Ray Foundation Inc

The Nicholas Ray Foundation Inc is committed to celebrating the cinematic legacy of Nicholas Ray, a renowned figure in the film industry as a writer, producer, and director. Their primary mission involves promoting and showcasing his work on a global scale. This is achieved through various means, such as the restoration of films and related items related to Nicholas Ray, and preparing archived documents and films for presentations and screenings. By doing so, the foundation aims to preserve and share the artistic contributions of Nicholas Ray, ensuring his enduring influence in the world of cinema. The organization also arranges for the screening of Nicholas Ray's film archives around the world, enabling new and existing audiences to appreciate his unique artistic vision.

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Impact




August, 2024

The impact of The Nicholas Ray Foundation Inc can be seen in its dedicated efforts to promote the filmwork of Nicholas Ray as a writer, producer, and director. By restoring films and related items of and about Nicholas Ray, and preparing archived documents and films for shows and presentations, the foundation ensures that Ray's legacy is preserved and accessible to audiences. Through screenings of film archives of Nicholas Ray's work throughout the world, the foundation furthers appreciation for his contributions to the arts, enriching the cultural landscape.




This information is meant to be a general summary of The Nicholas Ray 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
$1,571 (2021)
Expenses
$9,464 (2021)
Efficiency

Other financial information:

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

  • Program Service Revenue: $200
  • Gross Receipts: $1,571

Assets and Liabilities:

  • Total Assets: $555,061
  • Total Liabilities: $146,763
  • Net Assets: $408,298

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LICENSE FEES
0

Revenue

$200

Organization Details

Founding Year

2007

Principal Officer

Susan Ray

NTEE Category

Code: A31 - Arts

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