Overview
What is The Owsley Stanley Foundation?
The Owsley Stanley Foundation is a nonprofit organization headquartered in Occidental, California. Their primary focus is on historic music preservation, aiming to safeguard valuable musical recordings through high-fidelity digital transfers. Beyond preservation, the foundation also seeks to promote art, culture, and music, serving as a vital contributor to these fields. The organization's mission encompasses both preserving historical musical legacies and fostering an appreciation for the arts and music.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The Owsley Stanley Foundation has achieved an 80% score on Charity Navigator, reflecting a strong emphasis on accountability and finance. This rating underscores the organization's commitment to transparency, with a perfect score in areas such as board independence and the absence of material diversion of assets. The foundation's program expense ratio is notably high at 72.63%, indicating that a significant portion of its expenses is directed towards its programs.
The foundation benefits from a fully independent board, with all eight members meeting the criteria for independence. This demonstrates a robust governance structure, contributing to the overall positive evaluation of the organization. The presence of a conflict of interest policy and the documentation of board meeting minutes further highlight the foundation's dedication to ethical practices.
While the overall financial health appears strong, the rating is based solely on accountability and finance metrics. Future assessments that consider additional aspects like program effectiveness and community impact may provide a more comprehensive view of the foundation's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is The Owsley Stanley Foundation legitimate?
The Owsley Stanley Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Owsley Stanley 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.
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What is the mission statement of The Owsley Stanley Foundation?
The Owsley Stanley Foundation is committed to the preservation of historic music and promoting art, culture, and music. They achieve this by transferring historical music recordings into high-fidelity digital formats, an ongoing process that ensures the longevity and accessibility of these valuable musical artifacts. This mission reflects a dedication to preserving musical heritage and fostering an appreciation for the artistic and cultural significance of music.
What is the revenue of The Owsley Stanley Foundation?
The Owsley Stanley Foundation's revenue in 2023 was $101,213.
Who are the executives of The Owsley Stanley Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for The Owsley Stanley Foundation?
The Owsley Stanley Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Owsley Stanley Foundation
The Owsley Stanley Foundation is devoted to preserving historical music recordings and promoting art, culture, and music. One of its key activities includes the high-fidelity digital transfer of historical music recordings, which is an ongoing process. This mission aims to safeguard the rich musical heritage of the past and contribute to the appreciation of art and culture.
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Impact
October, 2024
The Owsley Stanley Foundation significantly impacts the preservation of historical music recordings through high-fidelity digital transfers, ensuring that invaluable cultural artifacts remain accessible for future generations. Operating from Occidental, California, the foundation focuses on the promotion of art, culture, and music, thereby enriching the cultural landscape and enhancing educational opportunities in the arts. Its Sonic Journal Archive Transfers are part of an ongoing process that safeguards the richness of music history, fostering appreciation and understanding among diverse audiences. By maintaining these recordings, the foundation plays a crucial role in celebrating and promoting the legacy of music as a vital component of cultural heritage.
This information is meant to be a general summary of The Owsley Stanley 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: $510
- Program Service Revenue: $198
- Gross Receipts: $115,426
Assets and Liabilities:
- Total Assets: $591,164
- Total Liabilities: $0
- Net Assets: $591,164
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER INCOME
Revenue
$198
Organization Details
Principal Officer
Starfinder Stanley
NTEE Category
Code: B28 - Education
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