Overview
What is Martha's Vineyard Museum Inc?
Martha's Vineyard Museum Inc, located at 151 Lagoon Pond Road, Vineyard Haven, MA 02568, is a nonprofit organization dedicated to preserving and showcasing the rich history and culture of Martha's Vineyard. Through exhibitions, programs, events, and a research library, the museum aims to inspire individuals to explore and deepen their connections with this diverse island. With a team of 34 dedicated employees, the museum offers a wide range of activities that foster a deeper understanding and appreciation of Martha's Vineyard's heritage.
Official website here: www.mvmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Martha's Vineyard Museum Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored a perfect 100% in the Accountability & Finance category, demonstrating their commitment to transparency and responsible financial management.
The museum's strengths include a fully independent board and a robust financial management structure, with no material diversions of assets reported. Their program expense ratio is strong at 75.73%, suggesting that a significant portion of their budget is directed toward their mission-driven programs. Additionally, their fundraising efficiency is notable, with only $0.08 spent to raise each dollar, which is indicative of effective fundraising practices.
While the data reflects strong governance and financial health, the summary does not indicate any specific limitations or concerns regarding the organization's operations. Overall, Martha's Vineyard Museum Inc stands out as a well-managed nonprofit dedicated to its mission with a strong emphasis on accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Martha's Vineyard Museum Inc legitimate?
Martha's Vineyard Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martha's Vineyard Museum 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $228,666
Professional Fundraising Fees: $102,800
Other Salaries and Wages: $863,217
For more financial information, click here
Official website here: www.mvmuseum.org
What is the mission statement of Martha's Vineyard Museum Inc?
The Martha's Vineyard Museum Inc encourages individuals to explore and deepen their connections with the island's diverse heritage. Through exhibitions, programs, events, and a research library, the museum offers opportunities to discover the rich history and culture of Martha's Vineyard. The mission of the museum is to inspire and engage people in understanding and appreciating the island's past and present, fostering a sense of community and shared history. The museum's activities aim to promote a deeper appreciation for the island's unique heritage, encouraging visitors to explore and connect with its history in a meaningful way.
Official website here: www.mvmuseum.org
Who is the CEO of Martha's Vineyard Museum Inc?
Heather Seger is the Chair of Martha's Vineyard Museum Inc.
Official website here: www.mvmuseum.org
What is the revenue of Martha's Vineyard Museum Inc?
Martha's Vineyard Museum Inc's revenue in 2022 was $3,306,394.
Official website here: www.mvmuseum.org
Who are the executives of Martha's Vineyard Museum Inc and what are their salaries?
The average compensation at Martha's Vineyard Museum Inc during 2022 was $32,114. There are 34 employees and 40 volunteers at Martha's Vineyard Museum Inc.
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Official website here: www.mvmuseum.org
Where can I find the form 990 for Martha's Vineyard Museum Inc?
Martha's Vineyard Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mvmuseum.org
Learn more at the official website: www.mvmuseum.org
Mission Statement of Martha's Vineyard Museum Inc
Martha's Vineyard Museum Inc, an esteemed organization, inspires individuals to delve into and appreciate the rich history and diverse culture of Martha's Vineyard. Through its exhibitions, programs, events, and a comprehensive research library, the museum encourages people to explore and strengthen their connections to this unique island. By doing so, it fosters a deeper understanding and appreciation of Martha's Vineyard's past and present, allowing visitors to engage with its heritage in a meaningful way.
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Impact
July, 2024
Martha's Vineyard Museum Inc's impact lies in inspiring all people to discover, explore, and strengthen their connections to Martha's Vineyard and its diverse heritage. Through exhibitions, programs, events, and a research library focusing on Martha's Vineyard history and culture, the museum enriches the understanding and appreciation of this island's unique identity. By preserving and sharing this rich heritage, Martha's Vineyard Museum contributes to the enrichment of individuals and communities, fostering a deeper connection to the island's past and present.
This information is meant to be a general summary of Martha's Vineyard Museum Inc. 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: $92,948
- Program Service Revenue: $240,750
- Gross Receipts: $3,560,480
Assets and Liabilities:
- Total Assets: $26,193,784
- Total Liabilities: $6,085,344
- Net Assets: $20,108,440
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LECTURES & TALKS ADMIS
Revenue
$240,750
Organization Details
Founding Year
1923
Phone
(508) 627-4441Principal Officer
Heather Seger
Main Address
151 LAGOON POND ROAD, VINEYARD HAVEN, MA, 02568
Website
www.mvmuseum.orgNTEE Category
Code: A82Z - Arts
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