The Arbutus Foundation Inc

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

EIN: 831802347 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The Arbutus Foundation Inc?

The Arbutus Foundation Inc, based in New York City, New York, is a nonprofit organization committed to fostering projects at the intersection of social, cultural, scientific, and technological fields. Under the leadership of David Byrne, it operates a project named Reasons to Be Cheerful, an online solutions journalism magazine. This platform aims to inspire curiosity about improving the world, grounded in evidence, and encourages individuals to consider their role in driving positive change. The Arbutus Foundation continues to publish free content and has recently expanded its reach through a membership program and partnerships, in addition to its fundraising efforts.


Official website here: www.arbutus.world

Is The Arbutus Foundation Inc legitimate?

The Arbutus Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Arbutus 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.

Here are some key statistics you may want to consider:

Executive Compensation: $116,000
Professional Fundraising Fees: $4,883
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.arbutus.world

What is the mission statement of The Arbutus Foundation Inc?

The Arbutus Foundation Inc, as a nonprofit organization, is dedicated to developing and producing projects at the intersection of social, cultural, scientific, and technological fields. Their flagship project, Reasons to Be Cheerful, is an online solutions journalism magazine, founded by an artist and musician named David Byrne. Byrne believes in approaching the world with curiosity, and Reasons to Be Cheerful embodies this philosophy, applying it to the future of our world. Through stories of hope, rooted in evidence, Reasons to Be Cheerful aims to inspire curiosity about how the world can be better and encourage individuals to be part of the change. The foundation continues to publish free content and has recently launched a membership program, with a focus on expanding partnerships and fundraising.


Official website here: www.arbutus.world

Who is the CEO of The Arbutus Foundation Inc?

David Byrne is the President of The Arbutus Foundation Inc.


Official website here: www.arbutus.world

What is the revenue of The Arbutus Foundation Inc?

The Arbutus Foundation Inc's revenue in 2022 was $900,035.


Official website here: www.arbutus.world

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

Here are 4 key members and their salaries:

    Emily Simoness (Executive Director)
  • Compensation: $116,000
  • Related: $0
  • Other: $0

    • David Byrne (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Wong (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Malu Abeni Byrne (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.arbutus.world

    Where can I find the form 990 for The Arbutus Foundation Inc?

    The The Arbutus Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.arbutus.world

    Learn more at the official website: www.arbutus.world

    Mission Statement of The Arbutus Foundation Inc

    The Arbutus Foundation Inc, a nonprofit organization, is dedicated to creating and executing projects that intersect social, cultural, scientific, and technological fields. It strives to foster an atmosphere of curiosity and collaboration, seeking to improve the world through various domains. The organization's flagship project, Reasons to Be Cheerful, embodies this philosophy, offering a platform for optimistic journalism and storytelling that encourages exploration of how the world can be made better. Through its publication of free content and the introduction of a membership program, Reasons to Be Cheerful aims to inspire curiosity and engage individuals in the pursuit of positive change. The Arbutus Foundation Inc continually expands its partnerships and fundraising efforts to further its mission of making the world a better place, rooted in evidence and a sense of hope for the future.

    Impact

    This information is meant to be a general summary of The Arbutus Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Arbutus Foundation Inc's impact is centered around its lead project, Reasons to be Cheerful, an online solutions journalism magazine founded by artist and musician David Byrne. Through this platform, The Arbutus Foundation aims to inspire curiosity about how the world can be better and motivate individuals to be part of positive change. Reasons to be Cheerful publishes stories of hope rooted in evidence, with a mission to encourage people to approach the world with a proactive and constructive mindset. The foundation continues to expand its reach through the publication of free content, launching a membership program, and forging new partnerships and fundraising efforts. Through its activities, The Arbutus Foundation Inc is working to make a meaningful impact at the intersection of social, cultural, scientific, and technological fields.





    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: $46,407
  • Program Service Revenue: $100,000
  • Gross Receipts: $922,793

    • Assets and Liabilities:
  • Total Assets: $291,122
  • Total Liabilities: $402,324
  • Net Assets: -$111,202
  • Programs

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

    PRODUCTION LICENSING F

    Revenue

    $100,000

    Organization Details

    Founding Year

    2018

    Principal Officer

    David Byrne

    Main Address

    441 BROADWAY 3RD FL, NEW YORK, NY, 10013

    NTEE Category

    Code: A25 - Arts

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