Overview
What is Wadsworth Atheneum Museum Of Art?
The Wadsworth Atheneum Museum of Art, based in Hartford, Connecticut, serves as a trustee for an extensive art collection, catering to a wide range of art forms such as paintings, sculptures, decorative arts, and moving image art. Their curatorial division meticulously researches and exhibits these pieces, which span from antiquity to contemporary times, originating from various continents. The museum curates an engaging exhibition program, showcasing exhibitions like 'Paul Manship: Ancient Made Modern' and 'Milton Avery: The Connecticut Years.' Furthermore, their curatorial team is actively involved in loaning artworks to other institutions for exhibitions and acquiring new pieces through purchases, gifts, and bequests. The Wadsworth Atheneum Museum of Art is dedicated to inspiring and fostering appreciation for excellence in art and culture for all.
Official website here: www.thewadsworth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating
Wadsworth Atheneum Museum Of Art has received a commendable Three-Star rating from Charity Navigator, reflecting a solid accountability and finance score of 87%. This rating indicates that the organization maintains high standards of transparency and financial health, with strong governance practices including a fully independent board and the absence of material asset diversion.
The museum excels in its financial management, evidenced by a program expense ratio of 81.45%, which suggests that a significant portion of its funds is directed towards its mission-related activities. Additionally, its fundraising efficiency is notable, with only $0.11 spent to raise each dollar, indicating effective fundraising strategies.
While the organization showcases robust financial metrics and governance policies, there are no significant limitations or concerns noted in the data, reinforcing the museum's positive reputation in the nonprofit sector. Overall, Wadsworth Atheneum Museum Of Art appears to be a responsible and effective steward of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Wadsworth Atheneum Museum Of Art legitimate?
Wadsworth Atheneum Museum Of Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wadsworth Atheneum Museum Of Art 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: $1,022,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,069,221
For more financial information, click here
Official website here: www.thewadsworth.org
What is the mission statement of Wadsworth Atheneum Museum Of Art?
The Wadsworth Atheneum Museum of Art is committed to preserving its art collection for the benefit of all individuals. Its mission is to inspire and foster appreciation for excellence in art and culture. The museum achieves this by curating and researching its extensive collection, which spans various artistic mediums and time periods, from antiquity to contemporary. The curatorial division organizes exhibitions, such as 'Paul Manship: Ancient Made Modern' and 'A Remarkable Friendship: Toulouse-Lautrec and Jane Avril', showcasing works from various continents. Additionally, the museum engages in a significant loan program, lending objects to important exhibitions, and continues to acquire new pieces for its collection through purchases, gifts, and bequests.
Official website here: www.thewadsworth.org
Who is the CEO of Wadsworth Atheneum Museum Of Art?
Tracey Krasniewski is the Trustee of Wadsworth Atheneum Museum Of Art. The CEO's salary of Wadsworth Atheneum Museum Of Art is $170,850 and their total compensation is $192,962.
Official website here: www.thewadsworth.org
What is the revenue of Wadsworth Atheneum Museum Of Art?
Wadsworth Atheneum Museum Of Art's revenue in 2022 was $6,568,708.
Official website here: www.thewadsworth.org
Who are the executives of Wadsworth Atheneum Museum Of Art and what are their salaries?
The average compensation at Wadsworth Atheneum Museum Of Art during 2022 was $31,472. There are 130 employees and 195 volunteers at Wadsworth Atheneum Museum Of Art.
Here are 42 key members and their salaries (Wadsworth Atheneum Museum Of Art's CEO's salary is $170,850 and their total compensation is $192,962):
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Official website here: www.thewadsworth.org
Where can I find the form 990 for Wadsworth Atheneum Museum Of Art?
Wadsworth Atheneum Museum Of Art's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thewadsworth.org
Learn more at the official website: www.thewadsworth.org
Mission Statement of Wadsworth Atheneum Museum Of Art
The Wadsworth Atheneum Museum of Art is dedicated to preserving and showcasing a diverse collection of art, spanning various periods and continents, for the benefit of all individuals. Its mission is to promote and inspire appreciation for excellence in art and culture. The museum's curatorial division takes care of this extensive collection, conducting research and organizing exhibitions that include paintings, sculptures, decorative arts, works on paper, costumes and textiles, and moving image art. The exhibitions showcased in FY2022 included themes such as ancient and modern art, friendship, and the works of notable artists.
Moreover, the Wadsworth Atheneum Museum of Art is not just a repository of art; it actively engages with the art world. Its curatorial staff engages in a significant loan program, lending objects from its collection to important and innovative exhibitions. Additionally, through purchases, gifts, and bequests, the museum acquires new works of art to enrich its collection. In FY2022, forty-eight new works of art were added to the collection, including contemporary works, European art, and American decorative art. The museum's mission, thus, is to hold its collection in trust for all people, advance their understanding and appreciation of art, and inspire them through its exhibitions and acquisitions.
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Impact
July, 2024
The Wadsworth Atheneum Museum of Art has a significant impact on the art world through its curation and curatorial research activities. The museum's curatorial division is responsible for caring for, researching, and exhibiting a diverse range of art collections, including paintings, sculptures, decorative art, works on paper, costumes, textiles, and more. These collections span from antiquity to contemporary works and hail from various continents.
Through its exhibition program, the museum showcases a wide array of artistic expressions, fostering appreciation for art and culture among its visitors. The Wadsworth Atheneum Museum of Art also engages in curatorial research, leading to the publication of scholarly works that contribute to art discourse and knowledge.
Furthermore, the museum actively participates in the art community by lending its collection to important exhibitions and acquiring new works through purchases, gifts, and bequests. This not only enriches the museum's own collection but also contributes to the broader art ecosystem.
Overall, the Wadsworth Atheneum Museum of Art plays a vital role in advancing and inspiring excellence in art and culture, holding its collection in trust for all people and encouraging diverse audiences to engage with and appreciate art in its many forms.
This information is meant to be a general summary of Wadsworth Atheneum Museum Of Art. 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: $3,198,987
- Program Service Revenue: $459,759
- Gross Receipts: $12,269,737
Assets and Liabilities:
- Total Assets: $137,737,882
- Total Liabilities: $1,575,004
- Net Assets: $136,162,878
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION REVENUE
Revenue
$306,361
AUXILIARY AND OTHER ACTIVITIES
Revenue
$99,367
EXHIBITION AND OTHER FEES
Revenue
$54,031
Organization Details
Founding Year
1842
Phone
(860) 278-2670Principal Officer
Tracey Krasniewski
Main Address
600 MAIN STREET, HARTFORD, CT, 06103
Website
www.thewadsworth.orgNTEE Category
Code: A510 - Arts
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