Overview
What is Henry L Ferguson Museum?
The Henry L Ferguson Museum, situated in Fishers Island, New York, operates as a nonprofit institution. Its primary mission is to preserve and showcase collections related to the local environment, history, and archaeology, providing free educational resources to the public. The museum also maintains several nature trails across its sanctuary properties, serving to protect and conserve the area's natural habitat and wildlife. With a dedicated team of six employees, the museum's activities contribute to the community's appreciation of its rich heritage and the preservation of its natural environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
The Henry L Ferguson Museum has received an 82% rating, indicating a solid level of accountability and financial management. This score is derived solely from the Accountability & Finance category, where the museum scored highly across various metrics, demonstrating strong fiscal responsibility and governance practices.
The museum boasts a fully independent board, with 63% of its members being independent, which contributes positively to its governance structure. Additionally, the organization maintains excellent financial health, as evidenced by its low liabilities to assets ratio of 0.05% and a program expense ratio of 73.06%, suggesting that a significant portion of its funds is directed towards its programs and services.
While the data paints a positive picture of the museum's operations and governance, the overall rating may indicate room for improvement in other operational areas beyond financial management. Nonetheless, the Henry L Ferguson Museum shows a commitment to transparency and responsible financial practices, making it a trustworthy organization within its field.
This AI summary has been generated from information found on Charity Navigator.
Is Henry L Ferguson Museum legitimate?
Henry L Ferguson Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henry L Ferguson Museum 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: $102,251
Professional Fundraising Fees: $0
Other Salaries and Wages: $103,868
For more financial information, click here
What is the mission statement of Henry L Ferguson Museum?
The Henry L Ferguson Museum's mission is to preserve and showcase collections related to local history, flora, fauna, and archaeology for the public's education and benefit. The museum operates without charge, providing an opportunity for the general public to learn from these exhibits. Additionally, the museum maintains nature trails in its several sanctuary properties, with the aim of protecting and conserving nature and wildlife. This mission is carried out to contribute to the appreciation and understanding of the natural world and local heritage.
Who is the CEO of Henry L Ferguson Museum?
Elizabeth Mccance is the President of Henry L Ferguson Museum.
What is the revenue of Henry L Ferguson Museum?
Henry L Ferguson Museum's revenue in 2022 was $701,678.
Who are the executives of Henry L Ferguson Museum and what are their salaries?
The average compensation at Henry L Ferguson Museum during 2022 was $34,353. There are 6 employees and 85 volunteers at Henry L Ferguson Museum.
Here are 20 key members and their salaries:
- Compensation: $97,500
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Where can I find the form 990 for Henry L Ferguson Museum?
Henry L Ferguson Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Henry L Ferguson Museum
The Henry L. Ferguson Museum is committed to preserving and showcasing a variety of collections related to local flora, fauna, history, and archaeology. This nonprofit organization operates a museum, providing these educational resources to the public free of charge. Beyond the museum, Henry L. Ferguson Museum also manages several sanctuary properties, where it maintains nature trails. The purpose of these trails is twofold: to protect and conserve nature and wildlife, and to offer visitors an opportunity to connect with the natural world. By maintaining both a museum and nature trails, Henry L. Ferguson Museum aims to promote environmental awareness and cultural understanding, offering something of value to its community.
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Impact
July, 2024
The Henry L Ferguson Museum has made a significant impact by maintaining and operating a museum on Fishers Island that showcases collections related to local flora, fauna, history, and archaeology. The museum serves as an educational resource for the general public, offering free access to its exhibits. Additionally, the museum maintains nature trails in several sanctuary properties on the island, contributing to the protection and conservation of nature and wildlife in the area. Through these efforts, the Henry L Ferguson Museum plays a crucial role in preserving the cultural and natural heritage of Fishers Island, New York, while also promoting environmental awareness and education.
This information is meant to be a general summary of Henry L Ferguson Museum. 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: $185,870
- Gross Receipts: $702,614
Assets and Liabilities:
- Total Assets: $13,998,187
- Total Liabilities: $8,276
- Net Assets: $13,989,911
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Organization Details
Founding Year
1967
Phone
(631) 788-7239Principal Officer
Elizabeth Mccance
Main Address
PO Box 554, Fishers Island, NY, 06390
NTEE Category
Code: A560 - Arts
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