Overview
What is National Inventors Hall Of Fame Inc?
National Inventors Hall of Fame Inc, based in North Canton, Ohio, is a nonprofit organization with a mission to inspire American children and nurture their inventive spirit. They achieve this by promoting awareness of the significant role inventions, inventors, patents, trademarks, and copyrights play in America's economic and cultural success. As a catalyst for change, they recognize inventors and inventions, foster creativity, and advance the spirit of innovation and entrepreneurship. Their initiatives employ 329 individuals.
Official website here: www.invent.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The National Inventors Hall of Fame Inc has received a high rating due to its strong accountability and financial management. The organization scored 96% in this category, indicating effective use of resources and robust oversight mechanisms. This rating reflects a commitment to transparency, with a majority of independent board members and established policies for conflict of interest and whistleblower protections.
Strengths of the organization include a solid financial structure, as demonstrated by an impressive program expense ratio of 84.42%, ensuring that a significant portion of its funds is directed toward its mission. The charity has also maintained a clean record with no material diversion of assets, and it conducts regular audits and oversight, which further enhances its credibility among donors and stakeholders.
While the organization exhibits strong governance and financial health, it is important for potential donors to remain informed about its ongoing projects and impact to ensure their contributions are aligned with their philanthropic goals. Overall, the National Inventors Hall of Fame Inc stands out for its reliability and effective management in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is National Inventors Hall Of Fame Inc legitimate?
National Inventors Hall Of Fame Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Inventors Hall Of Fame 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: $1,591,807
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,633,134
For more financial information, click here
Official website here: www.invent.org
What is the mission statement of National Inventors Hall Of Fame Inc?
The National Inventors Hall of Fame Inc serves as a catalyst for change by recognizing inventors and their innovations, fostering creativity, and advancing the spirit of innovation and entrepreneurship. Their mission is geared towards creating public awareness of the significant role inventions, inventors, patents, trademarks, and copyrights play in America's economic and cultural success. By inspiring and nurturing the creative and inventive spirit of American children, they aim to encourage the next generation to explore the exciting fields of science and math, ultimately ensuring America's continued dominance in the future. Through various programs and initiatives, they strive to ignite curiosity and a passion for innovation among young minds.
Official website here: www.invent.org
Who is the CEO of National Inventors Hall Of Fame Inc?
Rhonda Campbell is the President/Ceo Nihf of National Inventors Hall Of Fame Inc. The CEO's salary of National Inventors Hall Of Fame Inc is $657,715 and their total compensation is $858,287.
Official website here: www.invent.org
What is the revenue of National Inventors Hall Of Fame Inc?
National Inventors Hall Of Fame Inc's revenue in 2022 was $46,228,035.
Official website here: www.invent.org
Who are the executives of National Inventors Hall Of Fame Inc and what are their salaries?
The average compensation at National Inventors Hall Of Fame Inc during 2022 was $43,237. There are 329 employees and 8927 volunteers at National Inventors Hall Of Fame Inc.
Here are 25 key members and their salaries (National Inventors Hall Of Fame Inc's CEO's salary is $657,715 and their total compensation is $858,287):
- Compensation: $657,715
- Related: $0
- Other: $200,572
- Compensation: $241,135
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- Other: $35,816
- Compensation: $184,270
- Related: $0
- Other: $51,841
- Compensation: $179,903
- Related: $0
- Other: $40,555
- Compensation: $161,998
- Related: $0
- Other: $40,381
- Compensation: $184,818
- Related: $0
- Other: $8,804
- Compensation: $149,178
- Related: $0
- Other: $11,203
- Compensation: $135,801
- Related: $0
- Other: $14,719
- Compensation: $141,288
- Related: $0
- Other: $8,850
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Official website here: www.invent.org
Where can I find the form 990 for National Inventors Hall Of Fame Inc?
National Inventors Hall Of Fame Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.invent.org
Learn more at the official website: www.invent.org
Mission Statement of National Inventors Hall Of Fame Inc
The National Inventors Hall of Fame Inc serves as a catalyst for change by recognizing inventors and their groundbreaking innovations, fostering creativity, and advancing the spirit of innovation and entrepreneurship in America. In doing so, the organization plays a significant role in promoting awareness of the crucial impact inventions, inventors, patents, trademarks, and copyrights have on the country's economic and cultural success.
Furthermore, the National Inventors Hall of Fame Inc places a strong emphasis on inspiring and nurturing the creative and inventive spirit in American children. The nonprofit organization strives to encourage the next generation of innovators by increasing public understanding of the essential role that inventions and inventors play in shaping the future. By instilling a passion for science and mathematics in young people, the National Inventors Hall of Fame Inc aims to ensure America's continued dominance as a global leader in inventions and technological advancements.
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Impact
October, 2024
The National Inventors Hall of Fame Inc significantly influences America's cultural and economic landscape by celebrating inventors and their contributions. It acts as a catalyst for change, fostering a deep appreciation for innovation and creativity among the public. By recognizing the vital role of invention in driving progress, it stimulates interest in science and technology, especially among children.
Through various educational programs and initiatives, the organization raises awareness about the importance of patents, trademarks, and copyrights, nurturing the inventive spirit of young Americans. By inspiring the next generation to pursue careers in science, technology, engineering, and mathematics (STEM), it plays a crucial role in ensuring the continued leadership of the United States in global innovation. The National Inventors Hall of Fame Inc not only honors the past achievements of inventors but also paves the way for future advancements, thereby reinforcing the nation's commitment to creativity and entrepreneurship.
This information is meant to be a general summary of National Inventors Hall Of Fame 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.
- Investment Income: $629,504
- Program Service Revenue: $35,857,247
- Gross Receipts: $46,582,594
Assets and Liabilities:
- Total Assets: $52,514,312
- Total Liabilities: $8,747,245
- Net Assets: $43,767,067
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRE K-12 PROGRAMMING
Revenue
$35,857,247
Organization Details
Founding Year
1987
Phone
(330) 849-6889Principal Officer
Rhonda Campbell
Main Address
3701 HIGHLAND PARK NW, NORTH CANTON, OH, 44720
Website
www.invent.orgNTEE Category
Code: A570 - Arts
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