Cincinnati Observatory Foundation

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

EIN: 851009031 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is Cincinnati Observatory Foundation?

The Cincinnati Observatory Foundation is a nonprofit organization situated at 3489 Observatory Pl, Cincinnati, OH 45208. Its primary purpose is to amass funds and offer support for the various programs and activities at the Cincinnati Observatory Center. By doing so, the foundation contributes to the advancement and promotion of astronomy and scientific education within the community. The foundation's activities include fundraising events, educational programs, and public outreach, aiming to inspire curiosity, foster learning, and engage individuals with the wonders of the universe.


Official website here: www.cincinnatiobservatory.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star rating

The Cincinnati Observatory Foundation has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial performance. This rating is based entirely on a single beacon score, which emphasizes its commitment to transparency and responsible management of resources. The organization scores exceptionally well in key areas, including a perfect score for having a majority of independent board members and a favorable liabilities-to-assets ratio.

Strengths of the foundation include the absence of material diversion of assets, a comprehensive conflict of interest policy, and a 100% program expense ratio, indicating that all expenses are dedicated to its programs. Furthermore, the foundation maintains essential governance practices, such as documenting board meeting minutes and having a clear document retention and destruction policy. These aspects illustrate a solid infrastructure and commitment to best practices.

However, the foundation does have a gap in its governance policies, specifically the absence of a whistleblower policy, which received no points in that category. While this does not significantly detract from its overall rating, addressing such areas could further enhance its accountability and reassure donors of its commitment to ethical standards. Overall, the Cincinnati Observatory Foundation demonstrates a strong performance in financial health and governance.


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

What do the Facebook reviews say about Cincinnati Observatory Foundation?

100% of 48 reviewers on Facebook recommend the Cincinnati Observatory Foundation. Here is a summary of their reviews:

The positive sentiment is palpable, with many visitors expressing their enjoyment of events hosted by the foundation, such as the Late Night Date Night. Attendees have highlighted the engaging atmosphere and the excitement of stargazing, indicating that the experience lived up to their expectations.

Overall, the Cincinnati Observatory Foundation appears to provide a delightful experience for its visitors, fostering an appreciation for astronomy while encouraging return visits in the future.


This AI summary has been generated from reviews found on Facebook.

Is Cincinnati Observatory Foundation legitimate?

Cincinnati Observatory Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincinnati Observatory Foundation 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: $0

For more financial information, click here


Official website here: www.cincinnatiobservatory.org

What is the mission statement of Cincinnati Observatory Foundation?

The Cincinnati Observatory Foundation's primary role is to raise funds and provide support for the programs and activities of the Cincinnati Observatory Center. Their mission is geared towards fostering the growth and development of this astronomical institution, ensuring its continued success and public engagement in scientific exploration. The foundation's actions aim to advance the center's educational and research initiatives, ultimately promoting a deeper understanding and appreciation of the universe.


Official website here: www.cincinnatiobservatory.org

Who is the CEO of Cincinnati Observatory Foundation?

Megan Okun is the President And Director of Cincinnati Observatory Foundation.


Official website here: www.cincinnatiobservatory.org

What is the revenue of Cincinnati Observatory Foundation?

Cincinnati Observatory Foundation's revenue in 2022 was $47,252.


Official website here: www.cincinnatiobservatory.org

Who are the executives of Cincinnati Observatory Foundation and what are their salaries?

There 7 volunteers at Cincinnati Observatory Foundation.


Here are 7 key members and their salaries:


Megan Okun (President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Pedersen (Secretary And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wes Ernst (Treasurer And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Culman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Niestradt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Knollman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Coutts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cincinnatiobservatory.org

Where can I find the form 990 for Cincinnati Observatory Foundation?

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


Official website here: www.cincinnatiobservatory.org

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

Mission Statement of Cincinnati Observatory Foundation

The Cincinnati Observatory Foundation is dedicated to raising funds and offering support for the various programs and activities at the Cincinnati Observatory Center. This nonprofit organization's mission is to contribute financially and facilitate the operations of the observatory, ensuring its continued success and impact in the field of astronomy and science education. By providing financial assistance, the Cincinnati Observatory Foundation enables the observatory to conduct research, engage in public outreach, and offer educational programs for both children and adults, fostering a deeper understanding of the universe and its wonders.

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Impact




October, 2024

The Cincinnati Observatory Foundation plays a vital role in enhancing the educational and outreach programs of the Cincinnati Observatory Center. By raising funds, it supports various activities that promote astronomy and science education to the community. This organization facilitates public engagement with space science, encouraging curiosity and a deeper understanding of the universe. Through its support, the foundation enables the observatory to host events, workshops, and public viewing nights, fostering a love for astronomy among all age groups. Its impact is felt in the community as it inspires future generations to explore scientific careers and encourages lifelong learning about the cosmos.




This information is meant to be a general summary of Cincinnati Observatory Foundation. 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
$47,252 (2022)
Expenses
$156,409 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $47,252
  • Gross Receipts: $85,121

Assets and Liabilities:

  • Total Assets: $1,577,717
  • Total Liabilities: $0
  • Net Assets: $1,577,717

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Organization Details

Founding Year

2020

Principal Officer

Megan Okun

Main Address

3489 OBSERVATORY PL, CINCINNATI, OH, 45208

NTEE Category

Code: T20 - Philanthropy

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