Overview
What is Springfield Museums Corporation?
Springfield Museums Corporation, a nonprofit based in Springfield, Massachusetts, at 21 Edwards Street, offers a wide range of educational, recreational, and informative materials to the public. With a workforce of 142 dedicated individuals, the organization houses a diverse collection of literature, artwork, and historical artifacts, making them accessible to a broad audience. Their mission involves preserving and curating collections in the fields of art, history, and science, promoting learning and enjoyment for the community. The Springfield Museums Corporation serves approximately 600,000 individuals annually, providing them with engaging and enlightening experiences.
Official website here: www.springfieldmuseums.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Springfield Museums Corporation has achieved a high rating of 96% on Charity Navigator, indicating strong performance in accountability and finance. The charity's score is derived entirely from its accountability metrics, showcasing a commitment to responsible management of resources, with a notable focus on transparency and governance.
The organization benefits from having a fully independent board, which enhances its credibility and decision-making processes. It has received top marks in various areas, including the presence of an audit and oversight committee, and effective financial management practices. The program expense ratio indicates that a significant majority of its funds are directed towards its mission-related activities, further underscoring its operational efficiency.
While the data highlights many organizational strengths, it remains crucial for potential donors to consider the impact and effectiveness of Springfield Museums Corporation's programs alongside these financial metrics. Overall, the charity exhibits robust practices that contribute positively to its reputation within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Springfield Museums Corporation legitimate?
Springfield Museums Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springfield Museums Corporation 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: $326,292
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,546,682
For more financial information, click here
Official website here: www.springfieldmuseums.org
What is the mission statement of Springfield Museums Corporation?
The Springfield Museums Corporation, a non-profit organization, is dedicated to making accessible a wide array of literature, art, and historical treasures in the fields of art, history, and science. Their mission involves caring for these collections and providing them for educational, recreational, and informational purposes to a diverse audience. Through various materials, programs, objects, and artifacts, the corporation serves approximately 600,000 individuals. The organization strives to promote learning and enjoyment, fostering an understanding and appreciation of different periods and cultures.
Official website here: www.springfieldmuseums.org
Who is the CEO of Springfield Museums Corporation?
Kay Simpson is the Trustee of Springfield Museums Corporation.
Official website here: www.springfieldmuseums.org
What is the revenue of Springfield Museums Corporation?
Springfield Museums Corporation's revenue in 2023 was $9,845,732.
Official website here: www.springfieldmuseums.org
Who are the executives of Springfield Museums Corporation and what are their salaries?
The average compensation at Springfield Museums Corporation during 2023 was $27,274. There are 142 employees and 275 volunteers at Springfield Museums Corporation.
Here are 27 key members and their salaries:
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Official website here: www.springfieldmuseums.org
Where can I find the form 990 for Springfield Museums Corporation?
Springfield Museums Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.springfieldmuseums.org
Learn more at the official website: www.springfieldmuseums.org
Mission Statement of Springfield Museums Corporation
The Springfield Museums Corporation, a non-profit organization, is committed to preserving and making accessible a diverse range of literary, artistic, and historical treasures. The corporation's mission is to safeguard collections in the fields of art, history, and science, and then share these resources with the public for educational, recreational, and informational purposes. By doing so, the Springfield Museums Corporation aims to cater to a wide audience, offering them opportunities to learn, relax, and gather information. With approximately 600,000 individuals benefiting from its offerings, this organization plays a significant role in fostering knowledge and enjoyment through its extensive collections.
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Impact
July, 2024
The Springfield Museums Corporation has a significant impact on the community by providing public access to its collections of literature, artwork, and historical treasures. Serving approximately 600,000 individuals, the organization offers various materials, programs, objects, and artifacts for educational, recreational, and informational purposes. By holding and caring for collections in the fields of art, history, and science, the Springfield Museums Corporation ensures accessibility to a diverse audience, contributing to the enrichment of individuals through education and cultural experiences.
This information is meant to be a general summary of Springfield Museums Corporation. 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 2023.
- Investment Income: $1,955,675
- Program Service Revenue: $1,336,818
- Gross Receipts: $9,992,149
Assets and Liabilities:
- Total Assets: $88,937,732
- Total Liabilities: $3,617,400
- Net Assets: $85,320,332
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$1,011,583
SPECIAL EVENTS/PROGRAMS/WORKSHOPS
Revenue
$325,235
Organization Details
Founding Year
1864
Principal Officer
Kay Simpson
Main Address
21 EDWARDS STREET, SPRINGFIELD, MA, 01103
Website
www.springfieldmuseums.orgNTEE Category
Code: B700 - Education
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