Overview
What is Harper's Magazine Foundation?
Harper's Magazine Foundation, located in New York City, New York, serves as a vital hub for the publication of literary works. With a team of 33 dedicated individuals, the foundation is committed to providing a platform for both established and emerging writers, showcasing exceptional literary talent through the publication of twelve monthly issues of Harper's Magazine. Its mission is centered around enriching the general public with literary works of high caliber, contributing to a diverse and engaging literary landscape. The foundation is situated at 666 BROADWAY 11TH FLOOR, New York, NY 10012.
Official website here: www.harpers.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)**
The Harper's Magazine Foundation has earned a Three-Star rating from Charity Navigator, indicating a solid score of 81% primarily focusing on accountability and finance aspects. This emphasizes the organization's commitment to financial transparency, as evidenced by policies in place for conflict of interest and whistleblower protections. However, while its accountability is strong, certain areas such as leadership adaptability and impact measurement remain unassessed, limiting a fuller evaluation of the organization’s overall effectiveness.
Strengths of the foundation include a high program expense ratio of 86.77%, indicating a significant portion of resources is directed toward its programs rather than administrative costs. The foundation also demonstrated good practices in governance by maintaining comprehensive policies and making board meeting minutes available. However, the liabilities to assets ratio is concerning at 106.18%, which may reflect financial stability issues.
Unfortunately, user reviews from GreatNonprofits could not be fetched, leaving a gap in community sentiment and direct feedback from beneficiaries or stakeholders. This limitation means there is less insight into on-the-ground experiences with the organization, which could provide a more nuanced view of its impact on the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Harper's Magazine Foundation legitimate?
Harper's Magazine Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harper's Magazine 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: $1,165,713
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,162,366
For more financial information, click here
Official website here: www.harpers.org
What is the mission statement of Harper's Magazine Foundation?
The Harper's Magazine Foundation's mission is centered around sharing literary works of distinction with a wide audience. It also takes upon itself the task of publishing the writings of talented, yet unrevealed authors. In essence, the foundation is committed to enriching the general public's literary experience and providing a platform for emerging literary talents.
Official website here: www.harpers.org
Who is the CEO of Harper's Magazine Foundation?
John R Macarthur is the President, Publisher, Director of Harper's Magazine Foundation.
Official website here: www.harpers.org
What is the revenue of Harper's Magazine Foundation?
Harper's Magazine Foundation's revenue in 2023 was $8,240,698.
Official website here: www.harpers.org
Who are the executives of Harper's Magazine Foundation and what are their salaries?
The average compensation at Harper's Magazine Foundation during 2023 was $70,548. There are 33 employees and 15 volunteers at Harper's Magazine Foundation.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $269,279
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $186,571
- Related: $0
- Other: $18,707
- Compensation: $111,106
- Related: $0
- Other: $26,658
- Compensation: $116,667
- Related: $0
- Other: $26,658
- Compensation: $124,114
- Related: $0
- Other: $15,901
- Compensation: $127,384
- 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
Official website here: www.harpers.org
Where can I find the form 990 for Harper's Magazine Foundation?
Harper's Magazine Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.harpers.org
Learn more at the official website: www.harpers.org
Mission Statement of Harper's Magazine Foundation
Harper's Magazine Foundation, a nonprofit organization, is committed to making exceptional literary works accessible to the general public. They also take on the role of publishing the works of promising, yet unrecognized writers who showcase exceptional literary talent. The foundation's primary objective is to provide a platform for these literary gems, ensuring they reach a wider audience. By doing so, Harper's Magazine Foundation plays a significant role in nurturing and promoting literary talent that might otherwise go unnoticed. The organization achieves this through the publication of twelve monthly issues of Harper's Magazine.
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Impact
October, 2024
Harper's Magazine Foundation plays a significant role in promoting literary excellence and diversity in the literary community. By publishing twelve monthly issues of Harper's Magazine, it provides a platform for exceptional literary works that enrich public discourse. The foundation is committed to featuring the voices of unknown writers who demonstrate remarkable talent, thereby discovering and nurturing new literary talent. This emphasis on inclusivity not only broadens the horizons of published literary works but also enhances the cultural fabric by introducing diverse perspectives to a wider audience. Through its dedication to quality and accessibility in literature, the foundation fosters a greater appreciation for the arts and contributes to a vibrant literary landscape.
This information is meant to be a general summary of Harper's Magazine 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 2023.
- Investment Income: $5,671
- Program Service Revenue: $7,887,433
- Gross Receipts: $8,240,698
Assets and Liabilities:
- Total Assets: $2,062,033
- Total Liabilities: $2,189,561
- Net Assets: -$127,528
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ORGANIZATIONAL SUPPORT
Revenue
$5,989,826
MAGAZINE INCOME
Revenue
$1,861,662
SUBSCRIBER LIST RENTAL
Revenue
$35,945
Organization Details
Founding Year
1980
Phone
(212) 420-5720Principal Officer
John R Macarthur
Main Address
666 BROADWAY 11TH FLOOR, NEW YORK, NY, 10012
Website
www.harpers.orgNTEE Category
Code: A330 - Arts
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