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Drumthwacket Foundation Inc.

Drumthwacket Foundation Inc.

Princeton, NJ 08540
Tax ID22-2429563

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About this organization

Revenue

$1,373,677

Expenses

$646,130

Website

drumthwacket.org

Mission

The mission of the organization is to act as curator of public rooms, preserver of history and manager of loans, gifts and acquisitions for the official residence of the governor of New Jersey.

About

1. Facility projects - expenses incurred to promote public interest in Drumthwacket and to support its restoration and renovations. Total facility projects program expenses: $149,010. 2. Discover Drumthwacket field trip program - the goals of the Discover Drumthwacket field trip program are to promote an understanding of New Jersey history, pride in the heritage of NJ and an awareness of leadership and good citizenship to visiting school children. Total Discover Drumthwacket program expenses: $38,837. 3. Various other programs to support the mission. Total other programs expenses: $242,436.

Interesting data from their 2020 990 filing

The purpose of the non-profit is stated in the filing as “The mission of the organization is to act as curator of public rooms, preserver of history and manager of loans, gifts and acquisitions for the official residence of the governor of new jersey.”.

Their activities were defined as: “The mission of the organization is to act as curator of public rooms, preserver of history and manager of loans, gifts and acquisitions for the official residence of the governor of new jersey.”.

  • As per legal requirements, the non-profit's state of operation is reported as NJ.
  • The non-profit's address in 2020 as per the filing is 354 STOCKTON STREET, PRINCETON, NJ, 08540.
  • The form of the non-profit organization shows 3 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $727,547.
  • The compensation policy for the CEO of the organization is established through an impartial evaluation and endorsement.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 20 independent voting members.
  • The organization has a professional fund raiser.
  • The organization was formed in 1990.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $186,011 in salary, compensation, and benefits to its employees.
  • The organization pays $163,787 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

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