Overview
What is Harmonie Preservation Foundation Inc?
Harmonie Preservation Foundation Inc is a nonprofit organization situated in New York City, specifically at 4 East 60th Street. Its primary mission is to preserve and maintain the historically and architecturally significant building located at the same address, which was designed by renowned architects McKim, Mead, and White. The foundation aims to promote this landmark to the public, ensuring its longevity and cultural significance.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%)
The Harmonie Preservation Foundation Inc has received a two-star rating, indicating that its operations require improvement. The organization performs well in certain governance aspects, scoring full points for having a majority of independent board members and demonstrating transparent documentation through board meeting minutes. However, the overall score reflects significant weaknesses, particularly with regard to financial accountability.
One notable area of concern is the foundation's high liabilities to assets ratio, which is quite concerning at 91.78%. This indicates potential financial instability, which could impact its ability to fulfill its mission in the long term. Additionally, the organization has not made essential documents such as its tax form, whistleblower policy, and document retention policy available on its website, which detracts from its transparency and accountability.
Despite the solid program expense ratio of 67.95%, indicating that a majority of its expenses are directed toward its programs, the lack of essential financial documentation and policies raises questions about its overall governance and operational practices. Addressing these deficiencies could enhance the foundation's standing in the nonprofit sector and improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Harmonie Preservation Foundation Inc legitimate?
Harmonie Preservation Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harmonie Preservation 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.
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What is the mission statement of Harmonie Preservation Foundation Inc?
The Harmonie Preservation Foundation Inc was established with the primary objective of restoring, maintaining, and preserving a historically and architecturally significant building. The organization was formed with the purpose of promoting this notable structure to the public, which was designed by renowned architects, McKim, Mead, and White. The foundation's mission is to safeguard this architectural gem, ensuring its continued existence and appreciation by future generations. They strive to maintain the building's original charm and integrity, while also making it accessible to the public for their enjoyment and education.
Who is the CEO of Harmonie Preservation Foundation Inc?
John A Miller is the President of Harmonie Preservation Foundation Inc.
What is the revenue of Harmonie Preservation Foundation Inc?
Harmonie Preservation Foundation Inc's revenue in 2022 was $93,600.
Who are the executives of Harmonie Preservation Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Harmonie Preservation Foundation Inc?
Harmonie Preservation Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Harmonie Preservation Foundation Inc
Harmonie Preservation Foundation Inc is dedicated to restoring, maintaining, and preserving a historically and architecturally significant building. This organization was established with the purpose of promoting this noteworthy structure to the public. Designed by renowned architects McKim, Mead, and White, this building holds significant value in the realm of historical and architectural heritage. The foundation's mission is to safeguard this heritage and make it accessible to the public, thereby preserving its cultural significance for future generations.
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Impact
October, 2024
Harmonie Preservation Foundation Inc plays a crucial role in the restoration, maintenance, and preservation of a historically and architecturally significant building located at Four East Sixtieth Street in New York City. By focusing on this landmark, which was designed by the renowned architectural firm McKim, Mead and White, the foundation helps safeguard an important piece of cultural heritage for the public.
Through its activities, the foundation not only ensures that this significant structure is well-maintained but also promotes awareness and appreciation of the architectural history it represents. By engaging with the community and offering insights into the building’s historical context, the foundation fosters a deeper understanding of the arts and architecture, thereby enriching the cultural landscape of New York. The impact of its work extends beyond preservation; it cultivates a sense of place and identity within the urban environment, inviting both locals and visitors to connect with the city’s rich architectural narrative.
This information is meant to be a general summary of Harmonie Preservation 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: $93,600
Assets and Liabilities:
- Total Assets: $261,877
- Total Liabilities: $240,360
- Net Assets: $21,517
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Organization Details
Founding Year
2010
Phone
(212) 355-7400Principal Officer
John A Miller
Main Address
4 EAST 60TH STREET, NEW YORK, NY, 100221183
NTEE Category
Code: A80 - Arts
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