Overview
What is Nantucket Lightship Basket Museum Inc?
Nantucket Lightship Basket Museum Inc, based in Nantucket, Massachusetts, is a dedicated nonprofit organization. Their primary focus is on showcasing and celebrating the intricate art of Nantucket lightship baskets and basket-making. Through their partnership with the Nantucket Historical Association, they exhibit both historical and contemporary baskets. This institution aims to educate and engage the public, highlighting the intricate complexity unique to this Nantucket art form. By doing so, they promote appreciation and recognition for the skillful craftsmanship of these baskets and their makers.
Official website here: www.nha.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
Nantucket Lightship Basket Museum Inc has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The score reflects the charity's strong commitment to transparent practices and fiscal responsibility, with impressive metrics in areas such as an independent board and comprehensive audit processes.
The museum boasts a fully independent board and maintains rigorous policies regarding conflicts of interest, whistleblower protections, and document retention. These practices contribute to a robust governance framework that enhances the organization’s credibility. Furthermore, the museum has demonstrated a favorable liabilities to assets ratio of 0.00%, underscoring its solid financial position.
Despite the strong overall performance, it is important to note that the program expense ratio is at 68.84%, which, while generally positive, suggests that there is room for increased investment in programs relative to total expenses. Overall, the Nantucket Lightship Basket Museum Inc appears to be a well-managed organization with an effective oversight structure, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Nantucket Lightship Basket Museum Inc legitimate?
Nantucket Lightship Basket Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nantucket Lightship Basket 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.nha.org
What is the mission statement of Nantucket Lightship Basket Museum Inc?
The Nantucket Lightship Basket Museum Inc is dedicated to fostering an understanding and appreciation for lightship baskets and their creators. They achieve this by educating the public about the intricacy of this unique Nantucket art form. The organization engages with the public through exhibitions of historic and contemporary baskets. Their mission is to shed light on the complexity of lightship basket-making, thereby promoting its significance and preserving this art form for future generations.
Official website here: www.nha.org
Who is the CEO of Nantucket Lightship Basket Museum Inc?
Sarah Alger is the President of Nantucket Lightship Basket Museum Inc.
Official website here: www.nha.org
What is the revenue of Nantucket Lightship Basket Museum Inc?
Nantucket Lightship Basket Museum Inc's revenue in 2022 was $1,264,886.
Official website here: www.nha.org
Who are the executives of Nantucket Lightship Basket Museum Inc and what are their salaries?
There 95 volunteers at Nantucket Lightship Basket Museum Inc.
Here are 5 key members and their salaries:
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Official website here: www.nha.org
Where can I find the form 990 for Nantucket Lightship Basket Museum Inc?
Nantucket Lightship Basket Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nha.org
Learn more at the official website: www.nha.org
Mission Statement of Nantucket Lightship Basket Museum Inc
The Nantucket Lightship Basket Museum Inc is dedicated to fostering an understanding and appreciation for the intricate art of lightship baskets and their creators. They accomplish this by educating and engaging the public, shedding light on the complexity of this unique craft that has its roots in Nantucket. The museum showcases both historical and contemporary baskets as part of its mission to promote awareness and recognition of these artifacts and their makers. Through their exhibitions, the museum collaborates with the Nantucket Historical Association, ensuring a comprehensive display of Nantucket lightship baskets and the art of basket-making.
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Impact
July, 2024
The Nantucket Lightship Basket Museum Inc promotes the awareness and appreciation of lightship baskets and their makers by educating and engaging the public about the complexity of this unique art form. Through the display of historic and contemporary baskets in cooperation with the Nantucket Historical Association, the museum showcases the rich cultural heritage and craftsmanship of Nantucket's basket-making tradition. Its mission to educate the public about lightship baskets contributes to the preservation and celebration of this distinctive art form, enriching the cultural landscape of Nantucket and beyond.
This information is meant to be a general summary of Nantucket Lightship Basket 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: $5,511
- Gross Receipts: $1,354,101
Assets and Liabilities:
- Total Assets: $2,224,042
- Total Liabilities: $0
- Net Assets: $2,224,042
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Organization Details
Founding Year
1997
Phone
(508) 228-1894Principal Officer
Sarah Alger
Main Address
PO BOX 1016, NANTUCKET, MA, 02554
Website
www.nha.orgNTEE Category
Code: A50 - Arts
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