Overview
What is Eleanor B Rainey Memorial Institute?
The Eleanor B Rainey Memorial Institute, established in Cleveland, Ohio in 1904, is a dedicated nonprofit organization that focuses on fostering a positive impact on the city's youth and families. Their mission revolves around education and active participation in the performing and visual arts. The institute aims to enhance self-esteem, instill humanitarian values, cultivate work ethic, teach life skills, and instill hope in the future of all its program participants. Through after-school programs, Saturday classes, and summer camps, Rainey Institute offers arts education to children in Cleveland, helping them stay engaged in constructive activities and steer clear of urban challenges like gangs, drugs, and crime. Additionally, Rainey provides after-school programs in several Cleveland schools, serving over 1600 children. With a dedicated team of 53 employees, the institute continues to make a significant difference in the community.
Official website here: www.raineyinstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Eleanor B Rainey Memorial Institute has achieved an impressive 97% score, reflecting a robust level of accountability and financial management. This high rating is derived entirely from its Accountability & Finance score, highlighting the organization's strong governance and transparency practices. The institute boasts a fully independent board, with all 20 members meeting this criterion, and it has received top marks in key areas such as financial oversight and conflict of interest policies.
Among the strengths noted, the institute has a minimal liabilities-to-assets ratio of 4.75%, indicating solid financial health. Additionally, the organization allocates a significant portion of its budget to program expenses, with a program expense ratio of 79.48%, demonstrating its commitment to its mission. The fundraising efficiency ratio of $0.06 suggests effective fundraising practices, enabling the institute to maximize its resources for programs and services.
While the data reflects an overall positive picture of the Eleanor B Rainey Memorial Institute's operations, potential donors may consider that the rating is solely based on financial metrics. There is no additional qualitative feedback provided on program impact or community engagement, which could offer a more comprehensive understanding of the organization's effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Eleanor B Rainey Memorial Institute legitimate?
Eleanor B Rainey Memorial Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eleanor B Rainey Memorial Institute 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: $128,862
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,039,722
For more financial information, click here
Official website here: www.raineyinstitute.org
What is the mission statement of Eleanor B Rainey Memorial Institute?
The Eleanor B Rainey Memorial Institute is committed to bringing about positive change in the lives of youth and families in a particular area, achieving this goal through education and participation in the performing and visual arts. The institute aims to foster self-esteem, humanitarian values, work ethic, life skills, and a hope for a better future in all its program participants. It provides arts education programs for children, delivering these through after-school programs, Saturday classes, and summer camp sessions. The institute has been serving its community since 1904 and currently serves over 1600 children, keeping them engaged in positive activities and helping them steer clear of gangs, drugs, crime, and other urban challenges.
Official website here: www.raineyinstitute.org
What is the revenue of Eleanor B Rainey Memorial Institute?
Eleanor B Rainey Memorial Institute's revenue in 2023 was $2,301,286.
Official website here: www.raineyinstitute.org
Who are the executives of Eleanor B Rainey Memorial Institute and what are their salaries?
The average compensation at Eleanor B Rainey Memorial Institute during 2023 was $14,427. There are 81 employees and 15 volunteers at Eleanor B Rainey Memorial Institute.
Here are 20 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $135,112
- Related: $0
- Other: $0
Official website here: www.raineyinstitute.org
Where can I find the form 990 for Eleanor B Rainey Memorial Institute?
Eleanor B Rainey Memorial Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.raineyinstitute.org
Learn more at the official website: www.raineyinstitute.org
Mission Statement of Eleanor B Rainey Memorial Institute
The Eleanor B. Rainey Memorial Institute is committed to fostering positive change in the lives of Greater Cleveland's youth and families. This is achieved through education and active participation in the performing and visual arts. The institute's mission is twofold: to build self-esteem, instill humanitarian values, cultivate work ethic, and nurture life skills in its program participants. By doing so, the institute aims to provide a new future filled with hope for all those it serves.
The Eleanor B. Rainey Memorial Institute has been a pillar of the Cleveland community since its establishment in 1904. It delivers arts education programs in music, dance, drama, and visual arts to children through various channels, including an after-school program, Saturday classes, and summer camp sessions. These programs are designed to keep children engaged in positive activities, thereby shielding them from the negative influences of urban challenges such as gangs, drugs, and crime. Furthermore, the institute extends its after-school programs to several Cleveland schools, currently serving over 1600 children.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Eleanor B. Rainey Memorial Institute significantly influences the lives of youth and families in Greater Cleveland by promoting positive change through education and engagement in the performing and visual arts. Since its inception in 1904, the Institute has played a pivotal role in developing self-esteem, humanitarian values, work ethic, life skills, and hope among program participants.
Through various programs that include music, dance, drama, and visual arts, the Institute serves approximately 1,600 children, providing them with constructive outlets that keep them engaged and away from the temptations of gang involvement, drug use, and crime. The afterschool programs, Saturday classes, and summer camps offered by the Rainey Institute foster creativity and personal growth, ensuring that participants not only acquire artistic skills but also build a foundation for a better future.
By focusing on arts education, the Rainey Institute empowers young individuals to realize their potential, nurturing a sense of community and encouraging a commitment to positive societal contributions. The impact is profound, as it not only enriches the lives of participants but also strengthens the fabric of the Greater Cleveland community as a whole.
This information is meant to be a general summary of Eleanor B Rainey Memorial Institute. 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 2023.
- Investment Income: $22,080
- Program Service Revenue: $237,021
- Gross Receipts: $2,313,847
Assets and Liabilities:
- Total Assets: $11,251,048
- Total Liabilities: $43,222
- Net Assets: $11,207,826
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$130,228
CONTRACTED SERVICES
Revenue
$106,793
Organization Details
Founding Year
1943
Principal Officer
Jennifer Harris
Website
www.raineyinstitute.orgNTEE Category
Code: A25 - Arts
If you are a representative of Eleanor B Rainey Memorial Institute and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.