Overview
What is New England Museum Association Inc?
New England Museum Association Inc, a private, not-for-profit organization based in Arlington, Massachusetts, is dedicated to fostering communication, ethical conduct, and professional development within the museum sector of New England. With a mission to support and enhance the museum field, they provide tools for innovative leadership, empowering museums to maintain their significance within their communities. To achieve this goal, the association is currently involved in a research project funded by a National Leadership Grant from the Institute of Museum and Library Services. This project, titled "Culture Over Carbon," aims to improve the understanding of energy use in museums, zoos, aquariums, gardens, and historic sites by analyzing data from various types of institutions. The association has a modest workforce of 4 individuals committed to this mission.
Official website here: www.nemanet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating.
The New England Museum Association Inc has achieved a remarkable 96% rating, which reflects strong accountability and financial health. With a full score in all accountability metrics, including having an entirely independent board and robust financial oversight practices, the organization demonstrates a commitment to transparency and responsible management of its resources.
Strengths include a low liabilities to assets ratio of 3.81% and a high program expense ratio of 77%, indicating that the majority of its expenditures are directed toward its mission-related activities rather than administrative costs. Additional policies such as conflict of interest and whistleblower protections further enhance its governance framework, showcasing a dedication to ethical standards.
No significant limitations were noted in the data, suggesting that the organization operates efficiently within its financial means and adheres to best practices in nonprofit governance. Overall, the New England Museum Association Inc appears to be a reliable and well-managed nonprofit entity.
This AI summary has been generated from information found on Charity Navigator.
Is New England Museum Association Inc legitimate?
New England Museum Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New England Museum Association 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: $95,845
Professional Fundraising Fees: $0
Other Salaries and Wages: $168,476
For more financial information, click here
Official website here: www.nemanet.org
What is the mission statement of New England Museum Association Inc?
The New England Museum Association Inc, a not-for-profit organization, is dedicated to supporting and advancing communication, ethical conduct, and professional development within the museum sector. Their mission extends to connecting individuals engaged in the museum field, providing resources for innovative leadership, and empowering museums to sustain themselves as essential components of their communities. The association's activities aim to promote museums in the region, fostering a stronger and more interconnected museum community. Additionally, the organization is involved in the "Culture over Carbon" research project, funded by a national leadership grant from the Institute of Museum and Library Services, which aims to improve the museum field's understanding of energy use by examining data from various types of museums, zoos, aquariums, gardens, and historic sites.
Official website here: www.nemanet.org
Who is the CEO of New England Museum Association Inc?
Raney Bench is the President of New England Museum Association Inc.
Official website here: www.nemanet.org
What is the revenue of New England Museum Association Inc?
New England Museum Association Inc's revenue in 2022 was $626,361.
Official website here: www.nemanet.org
Who are the executives of New England Museum Association Inc and what are their salaries?
The average compensation at New England Museum Association Inc during 2022 was $66,080. There are 4 employees at New England Museum Association Inc.
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Official website here: www.nemanet.org
Where can I find the form 990 for New England Museum Association Inc?
New England Museum Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nemanet.org
Learn more at the official website: www.nemanet.org
Mission Statement of New England Museum Association Inc
The New England Museum Association, Inc. is a not-for-profit organization with a mission to foster communication, ethical conduct, and professional development within the museum field. This mission is extended to museums and their personnel across New England. The association aims to promote the significance of museums in the region, inspiring and connecting individuals engaged in the field. By providing tools for innovative leadership, New England Museum Association empowers museums to sustain themselves as vital components of their respective communities.
In addition to its primary mission, New England Museum Association also undertakes projects to enhance the understanding of the museum field. An example of such a project is "Culture Over Carbon," a research project funded by a National Leadership Grant from the Institute of Museum and Library Services. This project examines energy use data from five types of museums, including zoos, aquariums, gardens, historic sites, and museums themselves. The objective is to improve the industry's understanding of energy consumption and promote sustainable practices within the museum sector.
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Impact
July, 2024
New England Museum Association Inc inspires and connects people engaged with the museum field, provides tools for innovative leadership, and empowers museums to sustain themselves as essential to their communities. One of their impactful initiatives is the "Culture Over Carbon" research project funded by a national leadership grant from the Institute of Museum and Library Services. This project aims to improve the museum field's understanding of energy use by examining data from five types of institutions: museums, zoos, aquariums, gardens, and historic sites. Through such endeavors, New England Museum Association Inc is actively contributing to the advancement and sustainability of museums in the region.
This information is meant to be a general summary of New England Museum Association 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: $36,858
- Program Service Revenue: $143,245
- Gross Receipts: $657,317
Assets and Liabilities:
- Total Assets: $884,588
- Total Liabilities: $46,319
- Net Assets: $838,269
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL CONFERENCE
Revenue
$90,455
PUBLICATIONS
Revenue
$27,260
SEMINARS & WORKSHOPS
Revenue
$25,530
Organization Details
Founding Year
1979
Phone
(781) 641-0013Principal Officer
Raney Bench
Main Address
22 MILL STREET, ARLINGTON, MA, 02476
Website
www.nemanet.orgNTEE Category
Code: A50 - Arts
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