Overview
What is Sir John Soane's Museum Foundation?
Sir John Soane's Museum Foundation is a nonprofit organization based in New York, specifically at 120 BROADWAY 20TH FLOOR. Their primary focus is to promote and advance the study of art and architecture in line with the Soanean tradition within the United States. They achieve this by organizing an engaging educational forum that covers various aspects such as architecture, design, conservation, museum studies, collections, and the decorative arts. The foundation supports the work of Sir John Soane's Museum in London, England, and aims to expand its reach to a wider audience. With a small team of dedicated individuals, the foundation is committed to fostering knowledge and appreciation for these artistic disciplines.
Official website here: www.soanefoundation.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92% (Four-Star out of Four Star rating)
The Sir John Soane's Museum Foundation has been awarded a Four-Star rating, reflecting a high level of accountability and transparency. With an overall score of 92%, the foundation demonstrates strong financial practices, which is critical for donor confidence and organizational sustainability. Key strengths include having a fully independent board and a comprehensive set of financial audits, indicating effective governance and accountability.
The foundation's financial health is noteworthy, with a low liabilities-to-assets ratio of 9.27%, suggesting a stable financial position. Additionally, it allocates 66.70% of its expenditures toward programs, indicative of a commitment to its mission and efficient use of resources. The presence of robust policies, such as a conflict of interest policy and a whistleblower policy, further enhances its accountability framework.
While the foundation scores well across all evaluated areas, it received 21 out of 25 points on the program expense ratio, indicating there may be opportunities for improvement in maximizing programmatic spending. Overall, the foundation’s strong performance in accountability and finance underscores its effectiveness in managing resources and fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Sir John Soane's Museum Foundation legitimate?
Sir John Soane's Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sir John Soane's Museum Foundation 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: $75,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.soanefoundation.com
What is the mission statement of Sir John Soane's Museum Foundation?
The Sir John Soane's Museum Foundation aims to stimulate educational discourse in the realms of art, architecture, conservation, museum studies, collections, and the decorative arts. They actively promote this forum, expanding its reach, and support the work of the Sir John Soane's Museum located in London, England. The organization's activities include providing a lively educational platform in these fields, adhering to the Soanean tradition. They strive to engage a wider audience with their programs, fostering a deeper understanding and appreciation for these disciplines.
Official website here: www.soanefoundation.com
Who is the CEO of Sir John Soane's Museum Foundation?
Paul L Whalen is the Chairman of Sir John Soane's Museum Foundation.
Official website here: www.soanefoundation.com
What is the revenue of Sir John Soane's Museum Foundation?
Sir John Soane's Museum Foundation's revenue in 2022 was $973,273.
Official website here: www.soanefoundation.com
Who are the executives of Sir John Soane's Museum Foundation and what are their salaries?
The average compensation at Sir John Soane's Museum Foundation during 2022 was $75,833. There is 1 employee at Sir John Soane's Museum Foundation.
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Official website here: www.soanefoundation.com
Where can I find the form 990 for Sir John Soane's Museum Foundation?
Sir John Soane's Museum Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.soanefoundation.com
Learn more at the official website: www.soanefoundation.com
Mission Statement of Sir John Soane's Museum Foundation
Sir John Soane's Museum Foundation is a dedicated organization with a mission to foster and advance the study of art and architecture, adhering to the Soanean tradition in the United States. This esteemed institution promotes an engaging educational forum in the realms of architecture, design, conservation, museum studies, collections, and the decorative arts. Be it the Sir John Soane's Museum in London, England, or related fields, the foundation strives to broaden its audience and support the work of Sir John Soane's Museum, thereby enriching the understanding and appreciation of these disciplines. The organization's activities extend to the promotion of a vibrant, educational forum in the fields of art, architecture, and decorative arts, all within the Soanean tradition, thereby contributing significantly to the field.
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Impact
October, 2024
Sir John Soane's Museum Foundation significantly advances the study of art and architecture rooted in the Soanean tradition across the United States. By promoting a vibrant educational forum, the foundation fosters engagement in the fields of architecture, design, conservation, museum studies, collections, and the decorative arts. It connects a growing audience to the unique contributions of Sir John Soane's Museum in London, enhancing appreciation and understanding of these disciplines. Through its support of educational programs and events, the foundation enriches cultural dialogue and encourages scholarly discourse, thus impacting both the arts community and the general public.
This information is meant to be a general summary of Sir John Soane's Museum Foundation. 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: -$5,201
- Program Service Revenue: $46,186
- Gross Receipts: $1,594,455
Assets and Liabilities:
- Total Assets: $1,166,578
- Total Liabilities: $108,146
- Net Assets: $1,058,432
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LECTURES AND DINNERS
Revenue
$46,186
Organization Details
Founding Year
1991
Phone
(347) 766-2309Principal Officer
Paul L Whalen
Main Address
120 BROADWAY 20TH FLOOR, NEW YORK, NY, 10271
Website
www.soanefoundation.comNTEE Category
Code: A115 - Arts
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