Overview
What is The Foundation At Hearst Castle?
The Foundation at Hearst Castle is a 501(c)(3) nonprofit organization, located in San Simeon, California, with a mission to preserve and conserve Hearst Castle and its renowned art collection. The foundation achieves this through fundraising initiatives, such as donations, annual memberships, and charitable events, like Twilight on the Terrace. This event introduces numerous guests to the significance of conserving this museum-quality collection. The foundation also provides educational opportunities for underserved middle school students, aiming to foster appreciation for the castle's art and architecture. By doing so, it enhances visitors' experiences and inspires future generations. The foundation's events attract unique audiences, thereby raising public awareness and contributing to the future of the castle for students, scholars, and the general public.
Official website here: www.foundation@hearstcastle.com
Is The Foundation At Hearst Castle legitimate?
The Foundation At Hearst Castle is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation At Hearst Castle 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: $198,016
Professional Fundraising Fees: $0
Other Salaries and Wages: $106,371
For more financial information, click here
Official website here: www.foundation@hearstcastle.com
What is the mission statement of The Foundation At Hearst Castle?
The Foundation at Hearst Castle is dedicated to preserving Hearst Castle, its art collection, and fostering appreciation for its architecture and history. As a 501(c)(3) nonprofit association, it raises funds through donations, annual memberships, and charitable events. Its mission extends beyond conservation, encompassing the creation of educational programs for underserved middle school students, aiming to inspire future generations. These programs are designed to enhance visitors' understanding and appreciation of the site, ultimately enriching their experience and fostering a lasting impact. The Foundation is affiliated with Hearst San Simeon State Historical Monument and the San Luis Obispo Coast District of California State Parks.
Official website here: www.foundation@hearstcastle.com
What is the revenue of The Foundation At Hearst Castle?
The Foundation At Hearst Castle's revenue in 2023 was $722,451.
Official website here: www.foundation@hearstcastle.com
Who are the executives of The Foundation At Hearst Castle and what are their salaries?
The average compensation at The Foundation At Hearst Castle during 2023 was $101,462. There are 3 employees and 21 volunteers at The Foundation At Hearst Castle.
Here are 15 key members and their salaries:
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Official website here: www.foundation@hearstcastle.com
Where can I find the form 990 for The Foundation At Hearst Castle?
The Foundation At Hearst Castle's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.foundation@hearstcastle.com
Learn more at the official website: www.foundation@hearstcastle.com
Mission Statement of The Foundation At Hearst Castle
The Foundation at Hearst Castle is dedicated to preserving the iconic Hearst Castle, safeguarding its valuable art collection, and fostering an appreciation for its art and architecture in future generations. As a 501(c)(3) nonprofit organization, it raises funds through donations, annual memberships, and charitable events. The mission of The Foundation at Hearst Castle extends beyond conservation and restoration by offering educational programs for underprivileged middle school students. By engaging with these students, the organization aims to enrich their understanding of the historical significance and aesthetic value of Hearst Castle, ultimately enriching their overall visitor experience and inspiring future generations. The Foundation at Hearst Castle is affiliated with Hearst San Simeon State Historical Monument and the San Luis Obispo Coast District of California State Parks.
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Impact
October, 2024
The Foundation at Hearst Castle plays a pivotal role in sustaining the historical site and its remarkable art collection, ensuring that William Randolph Hearst's legacy continues to inspire future generations. By raising essential funds through donations, annual memberships, and special events, the organization effectively supports the conservation and restoration efforts that keep Hearst Castle not only a preserved historical monument but also a vibrant center for art and culture.
One of the foundation's significant contributions is its ability to attract diverse audiences through innovative events like Twilight on the Terrace, which emphasizes the importance of art conservation and allows guests to engage directly with the collection. This outreach heightens public awareness about the site's historical and cultural significance, fostering an appreciation for both the art and architecture on display.
In addition to supporting the castle's physical preservation, the foundation prioritizes educational initiatives aimed at underserved youth. By offering targeted programs for middle school students, it seeks to enhance their understanding and appreciation of the arts, ultimately enriching the visitor experience for all. Through these efforts, The Foundation at Hearst Castle not only safeguards a vital piece of history but also lays the groundwork for a culturally literate future.
This information is meant to be a general summary of The Foundation At Hearst Castle. 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: $6,419
- Program Service Revenue: $322,619
- Gross Receipts: $1,083,731
Assets and Liabilities:
- Total Assets: $454,200
- Total Liabilities: $9,543
- Net Assets: $444,657
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Events
Revenue
$189,701
Membership Dues & Assessments
Revenue
$132,918
Organization Details
Founding Year
1985
Principal Officer
Mitch Massey
NTEE Category
Code: A50 - Arts
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