Overview
What is The Naples Players Endowment Inc?
The Naples Players Endowment Inc is a nonprofit organization situated in Naples, Florida, with a specific address at 701 5th Ave S. Their primary mission is to support and strengthen local arts by providing educational facilities and programs. To achieve this goal, they offer services to The Naples Players, Inc., raise funds for its activities, and contribute to organizations related to or benefiting The Naples Players, Inc. Through soliciting and managing donations, grants, and contributions, they aim to enhance the arts scene in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
The Naples Players Endowment Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The overall score is derived entirely from a single beacon score, emphasizing high performance in financial management practices and transparency. This rating is particularly significant as it demonstrates the organization's robust governance structure and fiscal responsibility.
The organization displays outstanding strengths, including a fully independent board composed of five members, which enhances its decision-making process. Furthermore, there are no noted incidents of material diversion of assets, and the organization has well-established policies for conflict of interest, whistleblower protection, and document retention. This level of governance provides reassurance to donors regarding the integrity of the organization.
One of the standout metrics is the remarkably high program expense ratio of 94.92%, indicating that a large majority of its funds are directed toward its mission rather than administrative costs. Additionally, the liabilities to assets ratio is very low at 0.14%, showcasing the financial stability of the organization. Overall, The Naples Players Endowment Inc exemplifies sound financial practices, making it a trustworthy option for supporters considering their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is The Naples Players Endowment Inc legitimate?
The Naples Players Endowment Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Naples Players Endowment 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 The Naples Players Endowment Inc?
The Naples Players Endowment Inc is committed to supporting and advancing the mission of The Naples Players, a local arts organization. This is achieved by providing essential services and raising funds. Additionally, the endowment solicits, receives, and manages donations for The Naples Players or related organizations. The primary goal is to develop, maintain, and strengthen the local arts scene through educational facilities and programs.
What is the revenue of The Naples Players Endowment Inc?
The Naples Players Endowment Inc's revenue in 2023 was $230,895.
Who are the executives of The Naples Players Endowment Inc and what are their salaries?
There 5 volunteers at The Naples Players Endowment Inc.
Here are 5 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for The Naples Players Endowment Inc?
The Naples Players Endowment Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Naples Players Endowment Inc
The Naples Players Endowment Inc is committed to supporting and advancing the mission of The Naples Players, Inc. This involves providing services, raising funds, and strengthening the organization's role in the local arts scene. The endowment also serves to solicit, receive, and manage donations and grants for The Naples Players or related organizations. By doing so, The Naples Players Endowment Inc aims to develop, maintain, and enhance the local arts scene through educational facilities and programs. This organization plays a crucial role in fostering a thriving arts community, providing opportunities for growth and development in the field of arts education.
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Impact
August, 2024
The Naples Players Endowment Inc plays a crucial role in developing, maintaining, and strengthening the local arts scene in Naples, Florida. By providing educational facilities and programs, they actively contribute to the cultural enrichment of the community. Their mission to raise funds and further the initiatives of The Naples Players, Inc. is essential for supporting the arts and ensuring their continued success. Through soliciting, receiving, and administering gifts, grants, contributions, and donations, the endowment has a direct impact on enhancing the arts landscape in Naples and supporting organizations that benefit the community.
This information is meant to be a general summary of The Naples Players Endowment 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 2023.
- Investment Income: $147,550
- Gross Receipts: $2,112,532
Assets and Liabilities:
- Total Assets: $6,057,529
- Total Liabilities: $8,633
- Net Assets: $6,048,896
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Organization Details
Founding Year
2013
Principal Officer
Ken Krier
NTEE Category
Code: A11 - Arts
If you are a representative of The Naples Players Endowment Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.