Overview
What is American Friends Of Versailles?
American Friends of Versailles is a dedicated nonprofit organization that aids the renowned Palace of Versailles and its enchanting gardens. By funneling funds to its affiliated entity, Societe de Amis de Versailles, this charitable organization plays a vital role in preserving the historical significance and beauty of this French landmark. Its primary mission is to ensure the enduring splendor of the Palace of Versailles and its gardens, contributing to their upkeep and conservation.
Official website here: www.americanfriendsofversailles.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating.
American Friends Of Versailles has received a solid rating of 84%, which indicates a strong performance in terms of accountability and finance. The rating is derived entirely from its adherence to financial best practices, showcasing a high level of transparency and responsible management. The charity boasts a fully independent board and has been diligent in its fiscal oversight, evidenced by its perfect scores in areas such as independent board size and financial statement audits.
The organization demonstrates a commitment to maintaining a healthy financial structure, with a program expense ratio of 80.93%, indicating that a significant majority of its expenses directly support its mission-related activities. Additionally, there are no recorded instances of asset diversion, which underscores its financial integrity. However, the absence of documented policies regarding conflicts of interest, whistleblower protections, and document retention suggests opportunities for improvement in governance practices.
Overall, while American Friends Of Versailles shows commendable strengths in financial management and accountability, addressing the gaps in policy documentation could further enhance its operational transparency and strengthen stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of Versailles legitimate?
American Friends Of Versailles is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Versailles 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: $101,513
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.americanfriendsofversailles.org
What is the mission statement of American Friends Of Versailles?
American Friends of Versailles contributes to the preservation and upkeep of the esteemed Palace of Versailles and its enchanting gardens. They accomplish this by channeling funds to their affiliated organization, Societe de Amis de Versailles. The primary objective of American Friends of Versailles is to safeguard the historical significance and aesthetic appeal of this renowned French landmark, ensuring its continued prominence for future generations to appreciate.
Official website here: www.americanfriendsofversailles.org
Who is the CEO of American Friends Of Versailles?
Alicia Bryan is the President of American Friends Of Versailles.
Official website here: www.americanfriendsofversailles.org
What is the revenue of American Friends Of Versailles?
American Friends Of Versailles's revenue in 2022 was $1,587,504.
Official website here: www.americanfriendsofversailles.org
Who are the executives of American Friends Of Versailles and what are their salaries?
The average compensation at American Friends Of Versailles during 2022 was $101,513. There is 1 employee at American Friends Of Versailles.
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Official website here: www.americanfriendsofversailles.org
Where can I find the form 990 for American Friends Of Versailles?
American Friends Of Versailles's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.americanfriendsofversailles.org
Learn more at the official website: www.americanfriendsofversailles.org
Mission Statement of American Friends Of Versailles
American Friends of Versailles, a nonprofit organization, is dedicated to supporting the Palace of Versailles and its gardens. It accomplishes this mission by transferring funds to its affiliated organization, Societe de Amis de Versailles. In essence, American Friends of Versailles serves as a financial backer, contributing to the preservation and maintenance of this historical landmark and its stunning gardens.
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Impact
October, 2024
American Friends Of Versailles plays a crucial role in preserving and enhancing the cultural heritage of one of the world's most iconic historical sites. By providing financial support to its sister organization, Société des Amis de Versailles, it ensures that the Palace of Versailles and its gardens are maintained and restored to their former glory. This effort not only safeguards the architectural and artistic masterpieces housed within the estate but also enriches the visitor experience for the millions who come to explore its history and beauty each year.
In addition to preservation, the organization's activities contribute to the promotion of arts and culture, fostering an appreciation for French history and artistry among audiences in the United States. By facilitating cultural exchanges and awareness, American Friends Of Versailles reinforces the bond between American and French heritage, inviting collaboration and dialogue in the realm of art and history. Overall, its impact extends beyond financial contributions, inspiring a deeper connection to and preservation of cultural legacies that shape our collective understanding of history.
This information is meant to be a general summary of American Friends Of Versailles. 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: $19
- Gross Receipts: $1,888,455
Assets and Liabilities:
- Total Assets: $531,662
- Total Liabilities: $1,768
- Net Assets: $529,894
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Organization Details
Founding Year
1998
Phone
(312) 943-0173Principal Officer
Alicia Bryan
Main Address
980 N MICHIGAN AVENUE 1400, CHICAGO, IL, 60611
NTEE Category
Code: A80 - Arts
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