nonprofit logo

Poe Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 540343050 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Poe Foundation Inc?

The Poe Foundation Inc, situated in Richmond, Virginia, is a nonprofit organization dedicated to honoring the literary legend, Edgar Allan Poe. Their primary mission is to collect and safeguard Poe's literary works. They accomplish this by managing a museum that delves into Poe's life and the era he lived in. By operating this museum, the foundation aims to educate and inspire visitors, providing an insightful journey into Poe's literary world.


Official website here: www.poemuseum.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

The Poe Foundation Inc has received a strong rating of 92%, reflecting its commitment to accountability and financial transparency. This rating is derived solely from its Accountability & Finance score, indicating that the foundation adheres to high standards in managing resources. Key strengths include a fully independent board, a favorable liabilities to assets ratio, and a commendable program expense ratio of over 80%, showcasing effective allocation of funds to programs.

User feedback highlights the foundation's effective communication and strong donor appreciation, with donors noting prompt thank-you responses and engaging event communications. Reviewers have praised the foundation's role in preserving the legacy of Edgar Allan Poe and enhancing public interest in literature, emphasizing the museum's educational impact and the enriching experiences it offers visitors.

However, while the foundation performs well in most evaluated areas, it lacks a whistleblower policy, which could enhance its governance framework. Overall, the Poe Foundation Inc appears to be a well-managed organization that actively promotes literary heritage and community engagement.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Poe Foundation Inc legitimate?

Poe Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Poe Foundation 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: $206,826

For more financial information, click here


Official website here: www.poemuseum.org

What is the mission statement of Poe Foundation Inc?

The Poe Foundation's mission revolves around preserving the works of the renowned author, Edgar Allan Poe. They achieve this by operating a museum, which serves as a platform to exhibit Poe's life and times. By doing so, the foundation aims to safeguard and celebrate the literary legacy of this influential figure in literature. The museum potentially offers valuable insights into Poe's life and creative process, contributing to a better understanding and appreciation of his works.


Official website here: www.poemuseum.org

Who is the CEO of Poe Foundation Inc?

Adam Worchester is the President of Poe Foundation Inc.


Official website here: www.poemuseum.org

What is the revenue of Poe Foundation Inc?

Poe Foundation Inc's revenue in 2022 was $515,989.


Official website here: www.poemuseum.org

Who are the executives of Poe Foundation Inc and what are their salaries?

The average compensation at Poe Foundation Inc during 2022 was $20,683. There are 10 employees and 25 volunteers at Poe Foundation Inc.


Here are 17 key members and their salaries:


Arabeth Balasko (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dean Browell (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffery Chapman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Dismore (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Dodson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Fawn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maeve Jones (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
James G Rose Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Richard Kopley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Leahy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Parker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Peeples (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr George W Poe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Latasha Richards (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Jaffe Tane (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Waters (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Worchester (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.poemuseum.org

Where can I find the form 990 for Poe Foundation Inc?

Poe Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.poemuseum.org

Learn more at the official website: www.poemuseum.org

Mission Statement of Poe Foundation Inc

The Poe Foundation, a dedicated organization, is committed to acquiring and preserving the works of the renowned poet and writer, Edgar Allan Poe. They achieve this by operating a museum that delves into the life and times of Poe, providing a comprehensive insight into his significant literary contributions. By showcasing various aspects of Poe's life, the foundation aims to ensure his works continue to inspire and captivate audiences, preserving his legacy for future generations.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

Poe Foundation Inc's impact lies in its commitment to acquiring and preserving the works of Edgar Allan Poe. Through its operating museum in Richmond, VA, the foundation showcases the life and times of Poe, contributing to the preservation and celebration of his legacy. This not only enriches the cultural landscape of the city but also educates and inspires visitors about the renowned author and his significant contributions to the arts.




This information is meant to be a general summary of Poe Foundation 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.

Revenue
$515,989 (2022)
Expenses
$430,833 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,952
  • Program Service Revenue: $282,419
  • Gross Receipts: $660,464

Assets and Liabilities:

  • Total Assets: $1,058,685
  • Total Liabilities: $20,243
  • Net Assets: $1,038,442

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMISSIONS

Revenue

$218,515

FACILITIES USE

Revenue

$36,234

ONLINE ADMISSIONS

Revenue

$10,654

PROGRAM SERVICE FEES

Revenue

$8,034

SPECIAL EVENTS

Revenue

$7,062

Organization Details

Founding Year

1922

Principal Officer

Adam Worchester

Main Address

1914-16 EAST MAIN STREET, RICHMOND, VA, 23233

NTEE Category

Code: A540 - Arts

If you are a representative of Poe Foundation 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.