Overview
What is Smalls Live Foundation Inc?
Smalls Live Foundation Inc, situated in New York City, New York, is a nonprofit organization dedicated to preserving and promoting the American jazz artform. By focusing on revenue and related expenses, they work tirelessly to achieve their mission. Their significant activities include offering support and assistance to jazz venues and musicians in need, aiming to make this rich musical heritage more accessible to the public. They achieve this through various means, such as live streaming programs, maintaining an online archive of performances, conducting educational programs, and providing resources to jazz musicians in need. Based in 148 W 16 Street APT 2, New York, their work plays a vital role in preserving and disseminating the beauty of American jazz music.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
The Smalls Live Foundation Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This rating is based entirely on its accountability and finance score, which is also 80%. The organization's financial health is underscored by a low liabilities-to-assets ratio of 0.00%, showcasing strong fiscal responsibility.
Strengths of the Smalls Live Foundation include a fully independent board, with all 10 members meeting the independence criteria. The organization also exhibits high program expense ratios, with 92.05% of its expenditures directed towards its programs, which suggests a strong commitment to its mission. Furthermore, it has documented governance practices, including board meeting minutes and a clear plan for document retention.
While the financial performance is commendable, the overall rating reflects a singular focus on accountability and finance without including other potential performance metrics. This means that while the foundation shows strong financial governance, additional aspects of operational effectiveness and impact may not be fully represented in the score.
This AI summary has been generated from information found on Charity Navigator.
Is Smalls Live Foundation Inc legitimate?
Smalls Live Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Smalls Live Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Smalls Live Foundation Inc?
The Smalls Live Foundation Inc's mission is centered around supporting, preserving, and promoting the art of American jazz music. They aim to educate the public about this performance genre and make it more accessible to a wider audience. To accomplish this, they engage in various activities such as live streaming programs, maintaining an online archive of performances, and conducting educational programs. Furthermore, they offer assistance to jazz venues and musicians in need of support. Their primary goal is to fulfill their mission by utilizing their revenue and associated expenses.
Who is the CEO of Smalls Live Foundation Inc?
Michael J Wilner is the Director of Smalls Live Foundation Inc.
What is the revenue of Smalls Live Foundation Inc?
Smalls Live Foundation Inc's revenue in 2021 was $560,909.
Who are the executives of Smalls Live Foundation Inc and what are their salaries?
There 1 volunteer at Smalls Live Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Smalls Live Foundation Inc?
Smalls Live Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Smalls Live Foundation Inc
Smalls Live Foundation Inc is dedicated to preserving and promoting the American jazz artform. Their mission is multifaceted, aiming to support, educate the public, and make jazz music more accessible to a broader audience. The foundation achieves this by conducting live streaming programs, maintaining an online archive of performances, and providing educational programs. They also lend a hand to struggling jazz venues and musicians, offering them much-needed support. Through these activities, Smalls Live Foundation Inc strives to keep the rich tradition of jazz music alive and thriving, ensuring that future generations can continue to appreciate and enjoy this essential part of American culture.
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Impact
July, 2024
Smalls Live Foundation Inc's impact can be seen in its dedicated efforts to support, preserve, and promote the American jazz artform. By assisting musicians and venues in need of support, the Foundation ensures that this rich cultural heritage continues to thrive. Through live streaming programs, maintaining an online archive of performances, conducting educational programs, and providing assistance to jazz venues and musicians, Smalls Live Foundation Inc plays a crucial role in making American jazz music more accessible to the general public. Their work not only preserves this art form but also educates and engages audiences, further enriching the cultural landscape.
This information is meant to be a general summary of Smalls Live Foundation 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 2021.
- Gross Receipts: $560,909
Assets and Liabilities:
- Total Assets: $578,613
- Total Liabilities: $0
- Net Assets: $578,613
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Organization Details
Founding Year
2018
Phone
(917) 647-8663Principal Officer
Michael J Wilner
Main Address
148 W 16 Street APT 2, New York, NY, 10011
NTEE Category
Code: A68 - Arts
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