Overview
What is Lilly Awards Foundation Inc?
Lilly Awards Foundation Inc, situated in New York City, New York, is a nonprofit organization dedicated to honoring the accomplishments of women in the theater industry and promoting gender equality in theatrical productions. Established at 1501 Broadway, their mission is to recognize and celebrate the contributions of female artists, fostering a more balanced representation in theatrical performances. The foundation plays an essential role in advocating for gender parity, supporting the work of women in the theater world.
Official website here: www.the-lillys.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Lilly Awards Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. This rating is based entirely on the organization’s accountability and finance score of 96%, indicating a high level of transparency and responsible financial management.
Strengths of the Lilly Awards Foundation include a fully independent board, with 94% of its members being independent, and a solid board size of 17. Furthermore, the organization has demonstrated excellent practices in financial oversight, with no material diversion of assets reported and strong program expense ratios, indicating that a significant portion of their funds is directed toward their programs.
However, while the foundation scores highly in all evaluated areas, the data does not highlight any specific weaknesses or areas for improvement. Overall, the Lilly Awards Foundation exemplifies strong governance and effective resource allocation, contributing positively to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Lilly Awards Foundation Inc legitimate?
Lilly Awards Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lilly Awards 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: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,074
For more financial information, click here
Official website here: www.the-lillys.org
What is the mission statement of Lilly Awards Foundation Inc?
The Lilly Awards Foundation's mission is to acknowledge and champion the contributions of women in the theater industry, striving for gender equality in theatrical productions. This is achieved through the recognition of outstanding work by women in various theater-related fields. The foundation's activities aim to foster a more balanced representation of genders on stage and behind the scenes, thereby enriching the theatrical landscape as a whole. To celebrate this, the Lilly Awards Foundation presents the Lorraine Hansberry Statue, honoring a notable American playwright.
Official website here: www.the-lillys.org
Who is the CEO of Lilly Awards Foundation Inc?
Marsha Norman is the Board Member of Lilly Awards Foundation Inc.
Official website here: www.the-lillys.org
What is the revenue of Lilly Awards Foundation Inc?
Lilly Awards Foundation Inc's revenue in 2022 was $807,584.
Official website here: www.the-lillys.org
Who are the executives of Lilly Awards Foundation Inc and what are their salaries?
There 25 volunteers at Lilly Awards Foundation Inc.
Here are 18 key members and their salaries:
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Official website here: www.the-lillys.org
Where can I find the form 990 for Lilly Awards Foundation Inc?
Lilly Awards Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.the-lillys.org
Learn more at the official website: www.the-lillys.org
Mission Statement of Lilly Awards Foundation Inc
The Lilly Awards Foundation, a notable entity, is dedicated to recognizing the significant contributions of women in the realm of theater and advocating for gender equality in theatrical productions. This nonprofit organization's mission is to celebrate the accomplishments of female playwrights, actors, and other theater professionals, thereby promoting a more balanced representation of genders on stage. To further this goal, the Lilly Awards Foundation serves as a platform for promoting gender parity, ensuring that women's voices and perspectives are heard and valued in the world of theater. The organization's efforts in this regard are symbolized by the Lorraine Hansberry statue, a tribute to the great American playwright who paved the way for women in the theater industry.
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Impact
October, 2024
The Lilly Awards Foundation Inc significantly influences the theater industry by recognizing and celebrating the contributions of women in theater. Through initiatives that highlight female playwrights, directors, and performers, the foundation works to address gender disparity in theatrical productions. The foundation's mission fosters an environment where women's voices and stories are acknowledged and valued, further encouraging inclusivity within the arts.
A notable highlight of their impact is the Lorraine Hansberry statue, which honors the legacy of the acclaimed American playwright and serves as a powerful symbol of female empowerment in theater. By promoting gender parity, the Lilly Awards Foundation not only elevates the visibility of women in the arts but also inspires future generations to pursue careers in theater, ultimately transforming the industry into a more equitable and representative space.
This information is meant to be a general summary of Lilly Awards 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.
- Gross Receipts: $807,584
Assets and Liabilities:
- Total Assets: $1,048,154
- Total Liabilities: $94,452
- Net Assets: $953,702
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Organization Details
Founding Year
2009
Phone
(212) 398-0843Principal Officer
Marsha Norman
Main Address
1501 BROADWAY 701, NEW YORK, NY, 10036
Website
www.the-lillys.orgNTEE Category
Code: A20 - Arts
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