Overview
What is Staten Island Makerspace Inc?
Staten Island Makerspace Inc, located at 450 Front Street Unit B, Staten Island, NY 10304, is a vibrant nonprofit organization dedicated to fostering personal growth and community development in the fields of art, science, and technology. Its mission involves providing members with shared workspace, tools, and resources to pursue their projects, encouraging knowledge exchange and local entrepreneurship. The organization also supports the development of free and open-source software, hardware, and media, promoting sustainable technology use through education and research. Their initiatives include offering membership programs, conducting workshops and educational sessions, and providing access to facilities, generating revenues of $224,851, $326,304, and $375,945 respectively. With a workforce of 23 individuals, Staten Island Makerspace Inc aims to inspire its members to contribute to society's betterment by sharing their projects.
Official website here: www.makerspace.nyc
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (57%)
Staten Island Makerspace Inc has received a One-Star rating from Charity Navigator, indicating significant room for improvement in accountability and financial practices. Its overall score of 57% is primarily influenced by a lack of essential governance policies and documentation, including a missing conflict of interest policy and no available board meeting minutes.
On the positive side, the organization demonstrates a commitment to financial integrity with a low liabilities to assets ratio of 5.18%, indicating a stable financial position. Additionally, the program expense ratio is relatively high at 67.41%, suggesting that a substantial portion of its funds is directed towards its programs rather than administrative costs.
However, the nonprofit's governance structure raises concerns. While it has a majority of independent board members, the total number of independent members is low, and key policies are absent. These limitations highlight the need for Staten Island Makerspace Inc to enhance its transparency and accountability practices to build trust with its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Staten Island Makerspace Inc?
98% of 41 reviewers on Facebook recommend Staten Island Makerspace Inc. Here is a summary of their reviews:
The overall sentiment is highly positive, with users expressing enthusiasm for the programs offered, particularly highlighting an enjoyable herb gardening event. Many participants appreciated the hands-on experience and indicated a desire for similar future activities, suggesting that the nonprofit successfully engages its community through interactive and educational workshops.
The Makerspace appears to effectively fulfill its mission of providing creative opportunities, as reflected in the positive experiences shared by attendees. Overall, it seems to foster a supportive environment for learning and community engagement, leaving participants eager for more events.
This AI summary has been generated from reviews found on Facebook.
Is Staten Island Makerspace Inc legitimate?
Staten Island Makerspace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Staten Island Makerspace 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: $176,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $227,693
For more financial information, click here
Official website here: www.makerspace.nyc
What is the mission statement of Staten Island Makerspace Inc?
Staten Island Makerspace Inc's mission is centered around fostering knowledge exchange and encouraging local entrepreneurship. They maintain a shared workspace, tools, and resources for members engaged in projects related to art, science, and technology. This facility is intended to facilitate personal growth in these fields and inspire members to share their projects for the betterment of society. Additionally, Staten Island Makerspace Inc supports the development of free and open-source software, hardware, and media. They also advocate for the environmentally responsible use, reuse, and repair of technology through education and research, all with the aim of benefiting society.
Official website here: www.makerspace.nyc
What is the revenue of Staten Island Makerspace Inc?
Staten Island Makerspace Inc's revenue in 2023 was $1,135,240.
Official website here: www.makerspace.nyc
Who are the executives of Staten Island Makerspace Inc and what are their salaries?
The average compensation at Staten Island Makerspace Inc during 2023 was $25,231. There are 16 employees at Staten Island Makerspace Inc.
Here are 3 key members and their salaries:
- Compensation: $100,000
- Related: $0
- Other: $0
- Compensation: $76,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.makerspace.nyc
Where can I find the form 990 for Staten Island Makerspace Inc?
Staten Island Makerspace Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.makerspace.nyc
Learn more at the official website: www.makerspace.nyc
Mission Statement of Staten Island Makerspace Inc
Staten Island Makerspace Inc, as a nonprofit organization, is dedicated to fostering the exchange of knowledge and promoting local entrepreneurship. Their mission is twofold: firstly, they aim to provide a shared workspace, tools, and resources for their members working on projects related to art, science, and technology. By offering these facilities, the organization seeks to facilitate its members' personal growth in these fields. Secondly, Staten Island Makerspace Inc encourages the development and support of free and open source software, hardware, and media. They believe in the importance of an environmentally responsible use, reuse, and repair of technology, which they promote through education and research. This mission is designed to contribute to the betterment of society as a whole.
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Impact
July, 2024
Staten Island Makerspace Inc has a significant impact on its community by providing a shared workspace, tools, storage, and resources for members to work on projects related to art, science, and technology. This facilitates personal growth in these fields and encourages members to share their projects for the betterment of society. The organization also encourages the exchange of knowledge, cultivates local entrepreneurship, and supports the development of free and open-source software, hardware, and media. Additionally, they promote environmentally responsible use, reuse, and repair of technology through education and research.
Through their programs, workshops, and facilities, Staten Island Makerspace Inc generates revenues that support their mission of providing resources for the community's development. Their efforts not only benefit individual members but also contribute to the overall improvement of society.
This information is meant to be a general summary of Staten Island Makerspace 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.
- Program Service Revenue: $980,340
- Gross Receipts: $1,135,240
Assets and Liabilities:
- Total Assets: $435,512
- Total Liabilities: $22,575
- Net Assets: $412,937
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Daily/weekly passes
Revenue
$16,298
Education Programs
Revenue
$212,345
Facilities rentals
Revenue
$430,813
Memberships
Revenue
$282,542
Production Fees
Revenue
$28,825
Organization Details
Founding Year
2013
Principal Officer
Scott Van Campen
Website
www.makerspace.nycNTEE Category
Code: S80 - Community improvement
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