Overview
What is National Information Standards Organization?
The National Information Standards Organization (NISO) is a nonprofit based in Baltimore, Maryland, with a focus on promoting the development and implementation of authoritative standards in various fields. They strive to foster collaboration among cultural, scholarly, scientific, and professional communities, with their activities encompassing standards development, education, marketing, and promotion. Their mission is to enhance knowledge and facilitate discussions, ultimately leading to the creation of robust standards. The organization employs a team of eight individuals dedicated to this cause.
Official website here: www.niso.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
The National Information Standards Organization (NISO) has received a 77% rating from Charity Navigator, reflecting a solid performance in Accountability & Finance. The overall score is based solely on this beacon category, indicating that the organization emphasizes maintaining financial integrity and transparency. A significant strength includes having a fully independent board, which contributes positively to governance practices.
Despite the strong accountability measures, there are some areas for improvement. Notably, NISO lacks a whistleblower policy, which could raise concerns about the handling of internal reporting. Additionally, the organization has not posted its tax form on its website, which can hinder transparency for stakeholders looking to evaluate its financial health and operations further.
On the positive side, NISO demonstrates a robust program expense ratio of 72.33%, indicating that a substantial portion of its resources is dedicated to its mission-related activities. However, the liabilities to assets ratio of 96.75% suggests that the organization may have high liabilities relative to its total assets, which warrants monitoring for long-term financial sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is National Information Standards Organization legitimate?
National Information Standards Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Information Standards Organization 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: $214,026
Professional Fundraising Fees: $0
Other Salaries and Wages: $609,294
For more financial information, click here
Official website here: www.niso.org
What is the mission statement of National Information Standards Organization?
The National Information Standards Organization's mission is centered around building knowledge and fostering discussions within various communities such as cultural, scholarly, scientific, and professional sectors. Their primary goal is to advance authoritative standards development through collaboration. This organization plays a significant role in supporting standards development activities, including expenses related to systems, telecommunications, education, marketing, and the promotion of their work in the field of national information standards.
Official website here: www.niso.org
What is the revenue of National Information Standards Organization?
National Information Standards Organization's revenue in 2023 was $1,462,968.
Official website here: www.niso.org
Who are the executives of National Information Standards Organization and what are their salaries?
The average compensation at National Information Standards Organization during 2023 was $91,480. There are 9 employees and 1341 volunteers at National Information Standards Organization.
Here are 22 key members and their salaries:
- Compensation: $197,209
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- Other: $16,817
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Official website here: www.niso.org
Where can I find the form 990 for National Information Standards Organization?
National Information Standards Organization's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.niso.org
Learn more at the official website: www.niso.org
Mission Statement of National Information Standards Organization
The National Information Standards Organization, abbreviated as NISO, is committed to a mission that involves building knowledge, fostering discussions, and promoting the advancement of authoritative standards development. This mission is accomplished by facilitating collaboration among various communities, including the cultural, scholarly, scientific, and professional sectors. By doing so, NISO aims to contribute to the development of authoritative standards, thereby promoting the sharing and utilization of information in an efficient and effective manner.
In order to achieve its mission, NISO provides support for various activities related to standards development. This includes covering the associated costs related to systems, telecommunications, education, marketing, and promotion of the organization's work. By offering this support, NISO plays a crucial role in fostering an environment that encourages the development and adoption of national information standards, thereby contributing to the overall improvement and standardization of information management and exchange practices.
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Impact
July, 2024
The National Information Standards Organization has had a significant impact on promoting collaboration and standards development across various communities, including cultural, scholarly, scientific, and professional sectors. By fostering discussions and building knowledge, this organization plays a crucial role in advancing authoritative standards. Through its activities, it supports the development of standards, facilitates education, and promotes the work of the organization. Overall, the National Information Standards Organization has contributed to enhancing the quality and reliability of information and practices in diverse fields, particularly in science research.
This information is meant to be a general summary of National Information Standards Organization. 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: $12,857
- Program Service Revenue: $1,149,781
- Gross Receipts: $1,462,968
Assets and Liabilities:
- Total Assets: $575,306
- Total Liabilities: $556,666
- Net Assets: $18,640
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$975,786
PUBLICATIONS
Revenue
$3,001
WORKSHOPS
Revenue
$170,994
Organization Details
Founding Year
1982
Principal Officer
Todd Carpenter
Website
www.niso.orgNTEE Category
Code: U41D - Science research
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