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New Britain Institute

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

EIN: 060646767 ✦ New britain, CT ✦ Designated as a 501(c)(3)

Overview

What is New Britain Institute?

The New Britain Institute, based in New Britain, Connecticut, is a nonprofit organization located at 20 High Street, 06051. Its primary mission is to foster literary and scientific advancements within the city, achieving this goal through several programs. These include the New Britain Public Library, which provides research and educational materials and services to the community, as well as the New Britain Youth Museum and the New Britain Industrial Museum. With a workforce of 80 dedicated individuals, the New Britain Institute plays a significant role in promoting knowledge and learning within its local community.


Is New Britain Institute legitimate?

New Britain Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Britain Institute 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.

Here are some key statistics you may want to consider:

Executive Compensation: $213,334
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,810,660

For more financial information, click here


What is the mission statement of New Britain Institute?
Who is the CEO of New Britain Institute?
What is the revenue of New Britain Institute?
Who are the executives of New Britain Institute and what are their salaries?
Where can I find the form 990 for New Britain Institute?

Mission Statement of New Britain Institute

The New Britain Institute is dedicated to promoting literary and scientific objectives within its community. To achieve this mission, the institution has established several programs. One of these programs is the New Britain Public Library, which serves to provide research and educational materials and services to the community. The library aims to foster learning and encourage a love for knowledge among its patrons.

Furthermore, the New Britain Institute also manages the New Britain Youth Museum and the New Britain Industrial Museum. These museums offer unique educational experiences, allowing visitors to explore various aspects of literature, science, and the city's industrial history. The Youth Museum, in particular, is designed to engage and educate young people, inspiring them to develop a curiosity about the world and their place in it.

In essence, the New Britain Institute's mission is to enrich its community by promoting literacy and scientific understanding through its various programs. The institute seeks to create an environment where individuals can learn, grow, and be inspired, ultimately fostering a more intellectually vibrant society.

Impact

This information is meant to be a general summary of New Britain Institute. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

New Britain Institute's impact is evident through its various programs aimed at promoting literary and scientific objects in the city of New Britain, CT. The organization's flagship initiatives, including the New Britain Public Library, New Britain Youth Museum, and New Britain Industrial Museum, play a crucial role in providing research and educational materials and services to the community. By offering access to knowledge and fostering learning opportunities, New Britain Institute contributes significantly to advancing education within the city.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $416,349
  • Program Service Revenue: $122,093
  • Gross Receipts: $5,089,963

    • Assets and Liabilities:
  • Total Assets: $7,009,202
  • Total Liabilities: $248,400
  • Net Assets: $6,760,802
  • Programs

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

    YOUTH MUSEUM

    Revenue

    $108,897

    PUBLIC LIBRARY

    Revenue

    $13,196

    Organization Details

    Founding Year

    1858

    Principal Officer

    Geoffrey Bray

    Main Address

    20 HIGH STREET, NEW BRITAIN, CT, 06051

    NTEE Category

    Code: B70 - Education

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