Overview
What is The Nasher Sculpture Center?
The Nasher Sculpture Center, located in Dallas, Texas, serves as a prominent venue for showcasing modern art. Acting as an international center of focus and catalyst, it promotes the study, installation, conservation, and appreciation of contemporary and modern sculptures. The center attracts a considerable number of visitors, with 44,041 individuals attending during the 2021 tax year. Its primary mission involves operating a museum dedicated to showcasing modern art, occasionally presenting exhibits borrowed from other esteemed institutions. The Nasher Sculpture Center employs a dedicated team of 67 individuals to fulfill its mission.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 57%, One-Star out of Four Star rating.
The Nasher Sculpture Center has received a low rating of 57% from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization has a notably low score for the percentage of independent board members, with only 42% of its board being independent. While it excels in areas such as the audit and oversight committee and has a clear conflict of interest policy, the overall governance structure raises questions.
On the financial side, the organization has some strengths, including no material diversion of assets and a reasonable liabilities to assets ratio. However, it falls short in transparency with missing financial statements on its website, which negatively impacts its scores in that area. Additionally, the program expense ratio suggests that a smaller portion of its resources is directed towards its programs compared to its administrative and fundraising expenses.
Overall, while The Nasher Sculpture Center maintains certain solid practices, it faces challenges in governance transparency and financial accountability that could affect donor trust and public perception. Continued improvement in these areas is essential for enhancing its overall effectiveness and reputation.
This AI summary has been generated from information found on Charity Navigator.
Is The Nasher Sculpture Center legitimate?
The Nasher Sculpture Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Nasher Sculpture Center 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: $2,121,123
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,701,583
For more financial information, click here
What is the mission statement of The Nasher Sculpture Center?
The Nasher Sculpture Center serves as a global focal point, stimulating interest and advancement in the realm of modern and contemporary sculpture. Its mission is centered around the study, installation, conservation, and appreciation of these artistic forms. The center operates a museum, showcasing modern art, and occasionally features exhibits of borrowed works from other institutions. The Nasher Sculpture Center aims to be a catalyst in this field, fostering a deeper understanding and appreciation for modern sculpture.
What is the revenue of The Nasher Sculpture Center?
The Nasher Sculpture Center's revenue in 2024 was $15,170,846.
Who are the executives of The Nasher Sculpture Center and what are their salaries?
The average compensation at The Nasher Sculpture Center during 2024 was $71,981. There are 67 employees and 15 volunteers at The Nasher Sculpture Center.
Here are 12 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $1,173,399
- Related: $0
- Other: $47,883
- Compensation: $280,644
- Related: $0
- Other: $31,915
- Compensation: $229,127
- Related: $0
- Other: $19,972
- Compensation: $157,166
- Related: $0
- Other: $34,257
- Compensation: $118,291
- Related: $0
- Other: $11,417
Where can I find the form 990 for The Nasher Sculpture Center?
The Nasher Sculpture Center's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Nasher Sculpture Center
The Nasher Sculpture Center serves as a global focal point, stimulating and driving the exploration, installation, conservation, and appreciation of modern and contemporary sculpture. Its mission is to stand as an international authority in this domain, fostering a profound understanding and appreciation for this art form. The center operates a museum, showcasing a diverse array of modern art, and occasionally features exhibits of borrowed works from other esteemed institutions. With over 44,000 visitors during the 2021 tax year, the Nasher Sculpture Center has successfully established itself as a significant platform for the celebration and promotion of modern sculpture.
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Impact
July, 2024
The Nasher Sculpture Center's impact lies in serving as an international focal point and catalyst for the study, installation, conservation, and appreciation of modern and contemporary sculpture. Through its museum featuring modern art and temporary exhibits from other institutions, the Center attracts visitors who are exposed to a diverse range of artistic expressions. In the nine-month 2021 tax year, the Center welcomed 44,041 visitors to engage with its collection and programs, contributing to a deeper understanding and appreciation of sculpture as an art form. Additionally, by being located in Dallas, Texas, the Nasher Sculpture Center enhances the cultural landscape of the city and provides a platform for artistic dialogue and education.
This information is meant to be a general summary of The Nasher Sculpture Center. 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 2024.
- Investment Income: $43,357
- Program Service Revenue: $328,116
- Gross Receipts: $15,432,659
Assets and Liabilities:
- Total Assets: $3,282,205
- Total Liabilities: $2,194,245
- Net Assets: $1,087,960
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSEUM ADMISSION FEES
Revenue
$156,224
PROGRAM REVENUE
Revenue
$171,892
Organization Details
Founding Year
2003
Principal Officer
Byron A Parker
NTEE Category
Code: A51 - Arts
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