Overview
What is Nantucket Dreamland Foundation Inc?
Nantucket Dreamland Foundation Inc, located in Nantucket, Massachusetts, is a nonprofit organization dedicated to enriching the cultural and intellectual life of the community. They achieve this mission by offering year-round films, educational programs, and a venue for various activities related to digital entertainment and education. The foundation's primary aim is to bring people together, fostering shared experiences through art, culture, and learning. By providing a platform for community activities in one of America's oldest theaters, the Dreamland Foundation plays a significant role in engaging Nantucket residents in the evolving world of digital entertainment and education. With a staff of 22 individuals, the foundation actively contributes to strengthening the community on the island.
Official website here: www.nantucketdreamland.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%
The Nantucket Dreamland Foundation Inc has received a commendable Four-Star out of Four Star rating from Charity Navigator, indicating strong performance in accountability and financial health. With a score of 90%, this organization demonstrates effective governance, featuring a fully independent board of directors and rigorous financial oversight, which fosters trust and reliability among donors and stakeholders.
Strengths of the foundation include an impressive program expense ratio of 76.19%, signaling that a substantial portion of funds is directed towards programs rather than administrative costs. Additionally, the fundraising efficiency is notable, with a cost of only $0.13 to raise each dollar, highlighting the organization's commitment to maximizing donor contributions. Furthermore, the lack of material diversion of assets is a positive indicator of financial integrity.
However, there are areas for improvement, such as the absence of a whistleblower policy and failure to distribute tax forms to the board prior to filing. While these issues do not detract significantly from the overall strong performance, addressing them could enhance governance practices and transparency further, ultimately benefiting the foundation's mission and stakeholder confidence.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Nantucket Dreamland Foundation Inc?
82% of 350 reviewers on Facebook recommend the Nantucket Dreamland Foundation Inc. Here is a summary of their reviews:
Many users appreciate the welcoming atmosphere and friendly staff at the nonprofit's movie venue. It is highlighted as a great place for enjoying films with friends and family, indicating that the foundation successfully creates a community-oriented environment.
Overall, the sentiment towards Nantucket Dreamland Foundation suggests that it fulfills its mission to provide a pleasant movie-going experience, making it a valued aspect of the local community.
This AI summary has been generated from reviews found on Facebook.
Is Nantucket Dreamland Foundation Inc legitimate?
Nantucket Dreamland Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nantucket Dreamland 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: $130,803
Professional Fundraising Fees: $0
Other Salaries and Wages: $808,439
For more financial information, click here
Official website here: www.nantucketdreamland.org
What is the mission statement of Nantucket Dreamland Foundation Inc?
The Nantucket Dreamland Foundation's mission is to foster a sense of community by offering experiences that bring people together through film, art, culture, and learning. This is accomplished by enriching the cultural and intellectual landscape year-round. The foundation provides a venue for various activities related to digital entertainment and education, utilizing one of America's oldest theaters. Additionally, it serves as a platform for community activities, contributing to Nantucket's evolving cultural landscape.
Official website here: www.nantucketdreamland.org
Who is the CEO of Nantucket Dreamland Foundation Inc?
Alicia Carney is the Executive Director of Nantucket Dreamland Foundation Inc.
Official website here: www.nantucketdreamland.org
What is the revenue of Nantucket Dreamland Foundation Inc?
Nantucket Dreamland Foundation Inc's revenue in 2022 was $2,916,622.
Official website here: www.nantucketdreamland.org
Who are the executives of Nantucket Dreamland Foundation Inc and what are their salaries?
The average compensation at Nantucket Dreamland Foundation Inc during 2022 was $42,693. There are 22 employees and 47 volunteers at Nantucket Dreamland Foundation Inc.
Here are 24 key members and their salaries:
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- Compensation: $130,803
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- Other: $17,372
Official website here: www.nantucketdreamland.org
Where can I find the form 990 for Nantucket Dreamland Foundation Inc?
Nantucket Dreamland Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nantucketdreamland.org
Learn more at the official website: www.nantucketdreamland.org
Mission Statement of Nantucket Dreamland Foundation Inc
The Nantucket Dreamland Foundation plays a significant role in fostering community on the island of Nantucket by offering a platform for individuals to come together and share experiences through various mediums such as film, art, culture, and learning. Its mission, in essence, is to enrich the cultural and intellectual life of the community by providing year-round film screenings, educational programs, and serving as a venue for activities that engage Nantucket in the ever-evolving world of digital entertainment and education. This is accomplished within one of America's oldest theaters, while simultaneously offering a space for community activities. In doing so, the Nantucket Dreamland Foundation contributes to the overall wellbeing and interconnectedness of its community members.
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Impact
July, 2024
The Nantucket Dreamland Foundation Inc plays a vital role in enriching the cultural and intellectual life of Nantucket by providing year-round films, educational programs, and a venue for activities that engage the community in the evolving world of digital entertainment and education. Through its initiatives, the foundation brings people together to share experiences through film, art, culture, and learning. Its efforts contribute significantly to fostering a sense of community, promoting artistic expression, and providing a platform for cultural exchange in Nantucket.
This information is meant to be a general summary of Nantucket Dreamland 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $75,288
- Program Service Revenue: $1,228,310
- Gross Receipts: $3,879,843
Assets and Liabilities:
- Total Assets: $28,685,305
- Total Liabilities: $1,261,638
- Net Assets: $27,423,667
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$1,228,310
Organization Details
Founding Year
2007
Phone
(508) 325-4822Principal Officer
Alicia Carney
Main Address
PO BOX 989, NANTUCKET, MA, 02554
Website
www.nantucketdreamland.orgNTEE Category
Code: A200 - Arts
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