Overview
What is Endowment And Development Fund Of The Int'L Brotherhood Of Magicians?
The Endowment and Development Fund of the International Brotherhood of Magicians is a nonprofit organization dedicated to championing the art of magic. Based in St. Charles, Missouri, they primarily focus on promoting magical performances and fund certain youth-oriented lectures during their annual convention. By supporting these events, they aim to inspire and nurture the next generation of magical talents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 70%)
The Endowment And Development Fund Of The International Brotherhood Of Magicians has received a Two-Star rating from Charity Navigator, indicating a need for improvement. With an overall score of 70%, the organization demonstrates strong governance through a fully independent board and the absence of material diversion of assets. They have also established various policies to ensure accountability, such as conflict of interest and whistleblower policies, which are in place and adhere to best practices.
However, the organization's program expense ratio is notably low at 51.13%, suggesting that only a little over half of its expenditures are directed towards programmatic activities. This area could benefit from enhancement to increase the impact of their initiatives. Additionally, while the organization scores well in key governance metrics, there may be room for growth in financial efficiency to optimize the use of resources.
Overall, while the Endowment And Development Fund demonstrates solid governance practices, addressing the low program expense ratio could significantly improve their rating and effectiveness in fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Endowment And Development Fund Of The Int'L Brotherhood Of Magicians legitimate?
Endowment And Development Fund Of The Int'L Brotherhood Of Magicians is a legitimate nonprofit organization registered as a 501(c)(3) entity. Endowment And Development Fund Of The Int'L Brotherhood Of Magicians 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
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What is the mission statement of Endowment And Development Fund Of The Int'L Brotherhood Of Magicians?
The Endowment and Development Fund of the International Brotherhood of Magicians is committed to fostering the art of magic. This organization supports the promotion of magical skills by funding specific youth lectures at their annual convention. The primary goal is to encourage and nurture the interest in magic among the younger generation, contributing to the overall growth and development of this captivating art form.
Who is the CEO of Endowment And Development Fund Of The Int'L Brotherhood Of Magicians?
William Evans is the Trustee of Endowment And Development Fund Of The Int'L Brotherhood Of Magicians.
What is the revenue of Endowment And Development Fund Of The Int'L Brotherhood Of Magicians?
Endowment And Development Fund Of The Int'L Brotherhood Of Magicians's revenue in 2022 was $89,994.
Who are the executives of Endowment And Development Fund Of The Int'L Brotherhood Of Magicians and what are their salaries?
There 3 volunteers at Endowment And Development Fund Of The Int'L Brotherhood Of Magicians.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Endowment And Development Fund Of The Int'L Brotherhood Of Magicians?
Endowment And Development Fund Of The Int'L Brotherhood Of Magicians's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Endowment And Development Fund Of The Int'L Brotherhood Of Magicians
The Endowment and Development Fund of the International Brotherhood of Magicians is dedicated to advancing the art of magic. This nonprofit organization plays a significant role in funding youth lectures that take place during the annual convention of the International Brotherhood of Magicians, which is held in St. Charles, MO. By promoting magical arts, the Endowment and Development Fund aims to inspire and educate future generations of magicians. The organization's focus on youth lectures at the annual convention provides a platform for young magicians to learn, grow, and showcase their talents, thereby contributing to the continued evolution and popularity of the magical arts.
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Impact
October, 2024
The Endowment and Development Fund of the International Brotherhood of Magicians plays a vital role in promoting the magical arts and enhancing the community's appreciation of this unique form of entertainment. By funding youth lectures at the organization's annual convention in St. Charles, MO, the fund serves as a catalysts for nurturing the next generation of magicians.
These lectures not only provide valuable educational experiences but also inspire young talent, helping to invigorate the magical community with fresh perspectives and creativity. This initiative fosters a supportive environment for emerging performers and enthusiasts, ensuring the continuation and evolution of magical arts for years to come. Through its efforts, the fund contributes to employment opportunities within the field, promoting a thriving culture of performance and engagement.
This information is meant to be a general summary of Endowment And Development Fund Of The Int'L Brotherhood Of Magicians. 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.
- Investment Income: $65,877
- Gross Receipts: $96,691
Assets and Liabilities:
- Total Assets: $933,654
- Total Liabilities: $91,167
- Net Assets: $842,487
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Organization Details
Phone
(636) 724-2400Principal Officer
William Evans
Main Address
13 POINT WEST BLVD, ST CHARLES, MO, 63301
NTEE Category
Code: J40 - Employment
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