Museum Of Appalachia

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)

The Museum of Appalachia has received a Two-Star rating from Charity Navigator, indicating that it has significant areas needing improvement. The organization scored 69% overall, primarily due to a lack of independent board members and missing key governance policies, which raise concerns about transparency and accountability. While the financial oversight committee performs well, the absence of conflict of interest and whistleblower policies is a notable weakness.

Despite the governance issues, the Museum of Appalachia demonstrates a strong commitment to its mission through a high program expense ratio of nearly 76%. This indicates that a substantial portion of its funding is directed toward its programs rather than administrative costs. The organization also appears to manage its liabilities effectively, with a low liabilities to assets ratio, suggesting financial stability in this regard.

However, the lack of independent board members and the absence of essential policies and documents could hinder the nonprofit's credibility and effectiveness. The Museum of Appalachia will need to address these governance shortcomings to improve its overall rating and gain greater trust from donors and the public.

This AI summary has been generated from information found on Charity Navigator.

Museum Of Appalachia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Museum Of Appalachia 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $334,314

For more financial information, click here

Official website here: www.museumofappalachia.org