Overview
What is World Monuments Fund Inc?
The World Monuments Fund Inc is a renowned nonprofit organization headquartered in New York City, with a workforce of 38 dedicated individuals. Their mission encompasses preserving historically significant architectural sites and works of art, transcending national boundaries. Through their efforts, they safeguard these cultural places to enrich lives and foster mutual understanding. The organization's activities span across five core areas: preservation of architectural and cultural heritage, capacity building and cultural tourism management, advocacy for the preservation movement, education and training, and disaster recovery. Their restoration projects and preservation programs extend to over 100 sites in more than 52 countries.
Official website here: www.wmf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
The World Monuments Fund Inc has achieved a remarkable Four-Star rating from Charity Navigator, indicating exceptional organizational performance and financial health. With a high Accountability & Finance score of 90%, the fund demonstrates strong governance practices, including a fully independent board and effective oversight measures. Their low liability-to-asset ratio and high program expense ratio reflect a commitment to using funds efficiently for their preservation efforts.
User reviews highlight the organization's emphasis on not just restoring architectural heritage but also on educating and training local conservation professionals. This dual focus fosters a sense of community and pride among locals, encouraging the preservation of their cultural treasures. One donor expressed appreciation for the organization's approach, noting its impact on global preservation efforts and contrasting it with local issues faced in the past.
However, the organization received a Culture & Community score of 79%, which suggests there is room for improvement in fostering inclusivity and diversity within its initiatives. While the overall financial health and operational transparency are commendable, addressing cultural strategies could enhance the organization's outreach and effectiveness in various communities worldwide.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is World Monuments Fund Inc legitimate?
World Monuments Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Monuments Fund 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: $467,383
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,666,303
For more financial information, click here
Official website here: www.wmf.org
What is the mission statement of World Monuments Fund Inc?
The World Monuments Fund Inc is dedicated to safeguarding significant cultural places around the world, enriching lives and fostering mutual understanding. Through their preservation efforts, they protect architectural and cultural heritage without borders. Their mission encompasses five core program areas: preservation, capacity building and cultural tourism management, advocacy, education and training, and disaster recovery. With restoration projects and preservation programs spanning over 100 sites in more than 52 countries, the World Monuments Fund Inc plays a vital role in maintaining and revitalizing historical sites and works of art.
Official website here: www.wmf.org
Who is the CEO of World Monuments Fund Inc?
Christopher Jeannopoulos is the Chair of World Monuments Fund Inc. The CEO's salary of World Monuments Fund Inc is $420,500 and their total compensation is $467,383.
Official website here: www.wmf.org
What is the revenue of World Monuments Fund Inc?
World Monuments Fund Inc's revenue in 2022 was $20,259,179.
Official website here: www.wmf.org
Who are the executives of World Monuments Fund Inc and what are their salaries?
The average compensation at World Monuments Fund Inc during 2022 was $82,465. There are 38 employees and 30 volunteers at World Monuments Fund Inc.
Here are 36 key members and their salaries (World Monuments Fund Inc's CEO's salary is $420,500 and their total compensation is $467,383):
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- Compensation: $420,500
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- Other: $23,759
Official website here: www.wmf.org
Where can I find the form 990 for World Monuments Fund Inc?
World Monuments Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wmf.org
Learn more at the official website: www.wmf.org
Mission Statement of World Monuments Fund Inc
World Monuments Fund Inc, a renowned organization, dedicates itself to the preservation of historically significant architectural sites and works of art, transcending national boundaries. By safeguarding these cultural places, WMF enriches lives and fosters mutual understanding amongst diverse communities.
The mission of World Monuments Fund Inc is multifaceted. It encompasses the preservation of architectural and cultural heritage, capacity building and cultural tourism management in local communities, advocacy for the preservation movement, education and training, and disaster recovery. WMF's field work spans over five core program areas, protecting over 100 sites in more than 52 countries.
Through preservation projects and programs, WMF addresses the broad interests of conservation. It safeguards architectural and cultural heritage, ensuring that these significant sites continue to stand as testaments to history and human creativity. Moreover, the organization's capacity building initiatives empower local communities to manage their cultural tourism effectively, promoting sustainable economic growth.
Advocacy is another crucial aspect of WMF's mission. The organization champions the preservation movement, raising awareness and lobbying for policies that protect cultural sites from destruction or neglect. Education and training programs equip individuals with the necessary skills to restore and maintain historical structures, ensuring their longevity. Lastly, disaster recovery efforts help restore sites damaged by natural disasters or conflict, allowing future generations to appreciate and learn from these cultural treasures.
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Impact
October, 2024
World Monuments Fund Inc significantly impacts global heritage preservation by safeguarding historic architectural sites and works of art, emphasizing the importance of cultural heritage without regard to national boundaries. Through field restoration projects, the organization addresses the preservation of architectural and cultural heritage, ensuring these sites remain accessible and relevant to future generations.
WMF's work encompasses five core program areas: preservation of cultural heritage, capacity building and cultural tourism management in local communities, advocacy for the preservation movement, education and training, and disaster recovery. This multifaceted approach enables them to effectively engage with local communities, fostering ownership and sustainable management of their cultural sites.
With restoration projects spanning over 100 sites in more than 52 countries, WMF's impact is both local and global. By enriching lives through these cultural places, they promote mutual understanding and appreciation among diverse populations. Their initiatives not only restore physical structures but also empower communities, enhancing their ability to manage and celebrate their historical legacies.
This information is meant to be a general summary of World Monuments Fund 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: $1,854,316
- Program Service Revenue: $42,955
- Gross Receipts: $21,707,451
Assets and Liabilities:
- Total Assets: $56,711,356
- Total Liabilities: $706,367
- Net Assets: $56,004,989
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$42,955
Organization Details
Founding Year
1965
Phone
(646) 424-9594Principal Officer
Christopher Jeannopoulos
Main Address
600 5TH AVENUE FLOOR 25, NEW YORK, NY, 10020
Website
www.wmf.orgNTEE Category
Code: A800 - Arts
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