Overview
What is The National Society Of Arts And Letters?
The National Society of Arts and Letters, with a chapter in Frederick, Maryland, is a dedicated nonprofit organization. Its primary mission is to support and foster the growth of aspiring young artists by providing them with opportunities for artistic expression. Through engaging programs, the society aims to stimulate a positive interest in creative arts and nurture their development. Located in Washington D.C., this chapter plays a vital role in this mission by aiding, assisting, and sponsoring these promising artists.
Official website here: www.nsalwashington.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 36%, Zero-Star out of Four Star Rating.
The National Society of Arts and Letters has received a low rating, primarily due to a poor Accountability & Finance score. The organization has a 100% independent board, which is a positive aspect, but this is overshadowed by several significant shortcomings, such as missing key policies related to conflict of interest and whistleblower protections. These deficiencies contribute to an overall lack of transparency and governance.
Financially, the organization's program expense ratio stands at only 35.15%, indicating that a large portion of its resources may not be directly allocated to programmatic activities. Furthermore, the liabilities to assets ratio is reported at 0.00%, raising concerns about the organization's financial health and sustainability. Although the charity demonstrates good governance through independent members and proper documentation of board meeting minutes, the absence of critical policies is a notable limitation.
In summary, while The National Society of Arts and Letters has solid governance structures in place, the lack of essential accountability mechanisms and low program funding raise serious concerns. Prospective donors and stakeholders may want to consider these factors carefully before making contributions or engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The National Society Of Arts And Letters legitimate?
The National Society Of Arts And Letters is a legitimate nonprofit organization registered as a 501(c)(3) entity. The National Society Of Arts And Letters 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:
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Official website here: www.nsalwashington.org
What is the mission statement of The National Society Of Arts And Letters?
The National Society of Arts and Letters' mission is to support and nurture emerging artists by creating opportunities for artistic endeavors and expression. They strive to encourage and foster beneficial interest and growth in the creative arts. Their activities aim to aid and assist promising young artists, promoting development in various artistic fields.
Official website here: www.nsalwashington.org
What is the revenue of The National Society Of Arts And Letters?
The National Society Of Arts And Letters's revenue in 2024 was $68,226.
Official website here: www.nsalwashington.org
Who are the executives of The National Society Of Arts And Letters and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.nsalwashington.org
Where can I find the form 990 for The National Society Of Arts And Letters?
The National Society Of Arts And Letters's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.nsalwashington.org
Learn more at the official website: www.nsalwashington.org
Mission Statement of The National Society Of Arts And Letters
The National Society of Arts and Letters, as an organization, is committed to aiding, assisting, and sponsoring promising young artists. Their mission is to create opportunities for artistic endeavor and expression, while simultaneously encouraging and promoting beneficial interest and development in creative art. By doing so, they aim to foster a supportive environment for the growth and success of budding artists. Through various fun programs, they seek to nurture a vibrant interest in the creative arts and contribute to its continuous development.
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Impact
August, 2024
The National Society of Arts and Letters, specifically the Washington DC Chapter located in Frederick, MD, plays a crucial role in aiding, assisting, and sponsoring promising young artists. By creating opportunities for artistic endeavor and expression, this organization nurtures talented individuals and fosters their development in the realm of creative arts. Through engaging programs and initiatives, they promote a genuine interest in the arts and encourage the growth of artistic expression within the community. This impactful work helps to shape the future of the arts by supporting emerging artists and providing them with the resources they need to thrive.
This information is meant to be a general summary of The National Society Of Arts And Letters. 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 2024.
- Investment Income: $14,191
- Gross Receipts: $68,226
Assets and Liabilities:
- Total Assets: $431,376
- Total Liabilities: $0
- Net Assets: $431,376
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Organization Details
Founding Year
2018
Principal Officer
Ron Ivey
Website
www.nsalwashington.orgNTEE Category
Code: A12 - Arts
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