Overview
What is Libertyme Foundation?
The Libertyme Foundation, situated in Bryn Mawr, Pennsylvania, serves as a platform for artistic expression and creativity. It grants funds to various charitable, scientific, literary, religious, or educational organizations. In 2014, the foundation demonstrated its philanthropic spirit by donating to The Seeing Eye and Alex's Lemonade Stand. The Libertyme Foundation's primary mission is to provide a space for dance, music, and self-expression, fostering an environment that nurtures creativity and encourages charitable contributions to worthy causes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
The Libertyme Foundation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. This rating is based entirely on their score in the Accountability & Finance beacon, reflecting their commitment to maintaining transparency and sound financial practices. The foundation has demonstrated effective management in its most recent fiscal year, FY2022, with a focus on ensuring that a high percentage of its expenses are directed towards its programs.
One of the organization’s key strengths is its governance structure, highlighted by the fact that all board members are independent, which enhances objectivity and decision-making. Additionally, Libertyme Foundation has no material diversion of assets, showcasing a commitment to ethical practices. Their conflict of interest policy and document retention procedures are well-established, contributing to their positive evaluation in accountability metrics.
Despite these strengths, the rating does not provide insights into the foundation’s programmatic impact or community outreach efforts, which could offer a more rounded view of its effectiveness. However, the high program expense ratio of 86.19% suggests that the majority of their financial resources are utilized for direct program services, which is a positive indicator for potential donors. Overall, Libertyme Foundation appears to be a reliable nonprofit focused on responsible financial management and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Libertyme Foundation legitimate?
Libertyme Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Libertyme Foundation 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 Libertyme Foundation?
The Libertyme Foundation serves as a space for artistic expression, primarily focusing on dance, music, and creativity. Its mission involves providing a platform for self-expression while offering financial aid to charitable, scientific, literary, religious, and educational organizations. The foundation's objective is to contribute to various sectors, promoting creativity and knowledge dissemination. In 2014, the Libertyme Foundation showed its philanthropic side by making donations to The Seeing Eye and Alex's Lemonade Stand, two notable charitable organizations.
Who is the CEO of Libertyme Foundation?
Meegan Rubin is the Officer of Libertyme Foundation.
What is the revenue of Libertyme Foundation?
Libertyme Foundation's revenue in 2022 was $65,984.
Who are the executives of Libertyme Foundation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Libertyme Foundation?
Libertyme Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Libertyme Foundation
Libertyme Foundation, a nonprofit organization, is dedicated to providing a space for artistic expression and self-discovery. This is achieved through supporting dance, music, creativity, and various artistic ventures. Beyond its artistic focus, Libertyme Foundation extends its reach to charitable, scientific, literary, religious, and educational organizations by making grants available to them. In simple terms, Libertyme Foundation serves as a platform for artistic growth and contributes financially to a broad spectrum of other worthy causes. In 2014, the organization demonstrated its commitment to this mission by donating to organizations like the Seeing Eye and Alex's Lemonade Stand.
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Impact
August, 2024
The Libertyme Foundation is a vibrant hub for the arts, fostering creativity, self-expression, and cultural exchange. Through its operating space dedicated to dance and music, the foundation provides a platform for artists to showcase their talents and connect with audiences. Moreover, by making grants to charitable, scientific, literary, religious, and educational organizations, Libertyme Foundation supports a diverse range of causes, contributing to social impact and community development. In 2014, notable donations were made to organizations like the Seeing Eye and Alex's Lemonade Stand, showcasing the foundation's commitment to giving back. Through its dedication to the arts and philanthropy, Libertyme Foundation continues to make a meaningful impact in Bryn Mawr, PA, and beyond.
This information is meant to be a general summary of Libertyme Foundation. 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.
- Program Service Revenue: $35,984
- Gross Receipts: $65,984
Assets and Liabilities:
- Total Assets: $422
- Total Liabilities: $0
- Net Assets: $422
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DANCE TUITION
Revenue
$35,984
Organization Details
Founding Year
2010
Phone
(610) 458-3121Principal Officer
Meegan Rubin
Main Address
19 NORTH MERION AVENUE, BRYN MAWR, PA, 19010
NTEE Category
Code: A62 - Arts
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