Overview
What is Trustees Of The Wood Art Gallery?
Trustees of The Wood Art Gallery is a nonprofit institution situated in Montpelier, Vermont (05602). Their primary mission is to enrich the community by showcasing their art collection and hosting contemporary exhibits. They are deeply committed to fostering creativity and imagination in children, offering around 250 art education sessions annually, which include after-school programs, breaks, and summer camps. Additionally, they engage with the community through various activities, contributing to its overall enhancement. With a workforce of 19 individuals, they strive to make art accessible and enjoyable for all.
Official website here: www.twwoodgallery.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Trustees Of The Wood Art Gallery has achieved an impressive score of 97%, reflecting strong performance in accountability and finance. The rating is based entirely on a single beacon score, indicating a high level of commitment to transparency and responsible management. This nonprofit has received perfect scores in several key areas, including having a fully independent board and a solid program expense ratio of 87.29%, which shows a significant portion of funds is directed towards its mission.
Strengths of the organization include its robust governance structure, with 100% independent board members, and comprehensive policies in place, such as conflict of interest and whistleblower policies. The absence of material diversion of assets further strengthens their financial integrity. Additionally, their liabilities to assets ratio of 49.59% suggests a healthy balance sheet, indicating sound financial practices.
While the data reflects strong financial governance, there may be limitations in user feedback or program impact that are not captured solely by financial metrics. Overall, the high rating from Charity Navigator suggests that the Trustees Of The Wood Art Gallery is a well-managed nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Trustees Of The Wood Art Gallery legitimate?
Trustees Of The Wood Art Gallery is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trustees Of The Wood Art Gallery 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: $59,672
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,990
For more financial information, click here
Official website here: www.twwoodgallery.org
What is the mission statement of Trustees Of The Wood Art Gallery?
The Trustees of The Wood Art Gallery aim to enrich the community through the exhibition of art collections, contemporary exhibits, and by providing arts education and engaging with the community. Their mission is centered around enhancing the community by showcasing art from their collections and contemporary artists, as well as offering educational programs to stimulate creativity in children. Over the course of a year, they conduct around 250 children's sessions in art education, which include after-school programs, breaks, and summer camps.
Official website here: www.twwoodgallery.org
Who is the CEO of Trustees Of The Wood Art Gallery?
John Landy is the Executive Director of Trustees Of The Wood Art Gallery.
Official website here: www.twwoodgallery.org
What is the revenue of Trustees Of The Wood Art Gallery?
Trustees Of The Wood Art Gallery's revenue in 2022 was $204,379.
Official website here: www.twwoodgallery.org
Who are the executives of Trustees Of The Wood Art Gallery and what are their salaries?
The average compensation at Trustees Of The Wood Art Gallery during 2022 was $7,245. There are 19 employees and 4 volunteers at Trustees Of The Wood Art Gallery.
Here are 8 key members and their salaries:
- Compensation: $59,671
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- Other: $0
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Official website here: www.twwoodgallery.org
Where can I find the form 990 for Trustees Of The Wood Art Gallery?
Trustees Of The Wood Art Gallery's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.twwoodgallery.org
Learn more at the official website: www.twwoodgallery.org
Mission Statement of Trustees Of The Wood Art Gallery
The Trustees of the Wood Art Gallery dedicate themselves to enriching communities through the exhibition of their collections, contemporary arts, and active engagement with the local population. Their mission is twofold: to showcase art from their holdings and the works of modern artists, and to foster a sense of community involvement and education in the arts.
To achieve this mission, the Trustees organize various educational programs aimed at stimulating the creativity and imagination of children. These programs, which include after-school sessions, breaks, and summer camps, attract around 250 children annually. By participating in these activities, young visitors have the opportunity to develop their artistic skills and gain a deeper appreciation for the world of art.
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Impact
October, 2024
The Trustees Of The Wood Art Gallery plays a significant role in community enrichment by showcasing art collections and contemporary exhibits. By providing access to diverse artistic expressions, the gallery fosters a deeper appreciation for the arts within the community.
Through its educational programs, the gallery engages approximately 250 children in art education sessions throughout the year, including after-school programs, breaks, and summer camps. These initiatives stimulate creativity and imagination among the younger population, empowering them with new skills and encouraging their artistic growth.
In addition to focusing on youth engagement, the gallery serves as a cultural hub in Montpelier, Vermont, promoting community interaction and dialogue surrounding the arts. The blend of exhibits and educational opportunities creates a vibrant atmosphere where residents can explore and connect with art, ultimately enhancing the overall cultural fabric of the region.
This information is meant to be a general summary of Trustees Of The Wood Art Gallery. 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 2022.
- Investment Income: $2,295
- Program Service Revenue: $152,974
- Gross Receipts: $205,301
Assets and Liabilities:
- Total Assets: $708,545
- Total Liabilities: $351,396
- Net Assets: $357,149
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Childrens After School and Camp Programs
Revenue
$147,124
Rents fees for events and art work
Revenue
$5,850
Organization Details
Founding Year
1863
Phone
(802) 262-6035Principal Officer
John Landy
Main Address
46 Barre St, Montpelier, VT, 05602
Website
www.twwoodgallery.orgNTEE Category
Code: A510 - Arts
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