Overview
What is The Robert A & Virginia Heinlein Library Foundation?
The Robert A & Virginia Heinlein Library Foundation is a charitable organization situated in Butler, Missouri, with a specific mission to support the local public library. Their primary goal is to utilize and exploit any copyrights they acquire, all in service of enhancing the Butler Public Library. The foundation operates with the purpose of promoting educational, cultural, and literary activities, contributing to the betterment of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%
The Robert A & Virginia Heinlein Library Foundation has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its overall financial health. The foundation scored well in certain governance metrics, including having a fully independent board and maintaining no material diversion of assets. However, their program expense ratio of 26.21% raises red flags about their effectiveness in utilizing resources for their intended mission.
While the organization demonstrates robust accountability and financial practices in terms of board independence and meeting documentation, the low program expense ratio suggests that a large portion of their budget may not be directed towards programmatic activities. This could imply inefficiencies that limit the impact of their charitable efforts.
In summary, potential donors should be cautious, as the foundation's financial practices show strong accountability yet poor program expenditure, highlighting a disconnect between governance and mission fulfillment.
This AI summary has been generated from information found on Charity Navigator.
Is The Robert A & Virginia Heinlein Library Foundation legitimate?
The Robert A & Virginia Heinlein Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Robert A & Virginia Heinlein Library 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Robert A & Virginia Heinlein Library Foundation?
The Robert A & Virginia Heinlein Library Foundation's mission is to establish and maintain a charitable, educational, cultural, and literary organization. The primary purpose of this foundation is to exploit copyrights, should any be received, for the benefit of the Butler Public Library in Missouri. The objective of this foundation is to support the library in various ways, promoting literacy and knowledge through charitable, educational, cultural, and literary activities.
What is the revenue of The Robert A & Virginia Heinlein Library Foundation?
The Robert A & Virginia Heinlein Library Foundation's revenue in 2024 was $414,297.
Who are the executives of The Robert A & Virginia Heinlein Library Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for The Robert A & Virginia Heinlein Library Foundation?
The Robert A & Virginia Heinlein Library Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Robert A & Virginia Heinlein Library Foundation
The Robert A & Virginia Heinlein Library Foundation is established with a mission to operate and maintain a charitable, educational, cultural, and literary foundation. Its primary purpose is to exploit any copyrights it may receive, all in support of the Butler Public Library in Butler, Missouri. The objective of this foundation is to carry on its operations and maintain its presence, serving the cause of literacy and education through the utilization of copyrighted materials. The foundation's role is to contribute to the Butler Public Library, enhancing its resources and capabilities to serve its community effectively.
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Impact
October, 2024
The Robert A. & Virginia Heinlein Library Foundation significantly enhances the cultural and educational landscape of Butler, Missouri, through its steadfast support of the Butler Public Library. By focusing on charitable, educational, cultural, and literary initiatives, the Foundation preserves and promotes the legacy of renowned science fiction authors Robert A. Heinlein and Virginia Heinlein.
With a mission dedicated to the exploitation of copyrights for insightful literary works, the Foundation contributes resources that enrich the library's offerings and community engagement. Its efforts ensure that valuable educational and cultural programs are accessible, fostering a love for reading and learning among residents. This support not only revitalizes the library's resources but also stimulates community involvement and lifelong learning, making a lasting impact on Butler's cultural fabric.
This information is meant to be a general summary of The Robert A & Virginia Heinlein Library 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 2024.
- Investment Income: $405,808
- Gross Receipts: $2,024,896
Assets and Liabilities:
- Total Assets: $2,946,576
- Total Liabilities: $0
- Net Assets: $2,946,576
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Organization Details
Principal Officer
Cynthia Strelkoff
NTEE Category
Code: B70 - Education
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