Overview
What is Friends Of The Musees Des Arts Decoratifs Inc?
Friends of The Musees Des Arts Decoratifs Inc is a nonprofit organization based in New York, specifically at Margaret Bult, 40 E 78th St 12G, New York, NY 10075. Their primary mission is to foster the appreciation and conservation of decorative arts. To achieve this, they provide financial support to Les Arts Decoratifs in Paris, France. This includes funding for the installation and scenography of exhibitions, restoration expenses, and programs offering free access to temporary exhibitions and collections for visitors aged 18-25. The organization's activities and programs aim to preserve, restore, and exhibit significant examples of interior design, furniture, textiles, fashion, graphic arts, decorative painting, art glass, jewelry, porcelain, and other decorative objects.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 85%, Three-Star out of Four Star Rating.
Friends Of The Musees Des Arts Decoratifs Inc has received an 85% rating from Charity Navigator, indicating a strong level of accountability and financial health. The organization demonstrates a solid commitment to effective governance, with a fully independent board and robust policies in place, including those for conflict of interest and whistleblowing.
The charity excels in its financial metrics, showcasing impressive ratios in program expenses, fundraising efficiency, and working capital. This reflects a well-managed organization that utilizes its resources effectively to support its mission. The absence of material diversion of assets further enhances its credibility.
However, while the organization scores well across various metrics, there is always room for growth and transparency in nonprofit operations. Maintaining and communicating about ongoing initiatives and outcomes could help strengthen stakeholder trust and engagement even further.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Musees Des Arts Decoratifs Inc legitimate?
Friends Of The Musees Des Arts Decoratifs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Musees Des Arts Decoratifs 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: $55,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Friends Of The Musees Des Arts Decoratifs Inc?
The Friends of the Musees des Arts Decoratifs Inc's mission is centered around fostering appreciation and conservation of decorative arts. To achieve this, they support the preservation, restoration, and exhibition of significant examples of interior design, furniture, textiles, fashion, graphic arts, decorative painting, art glass, jewelry, porcelain, and other decorative and useful objects. Additionally, they engage in educational programs to promote understanding and appreciation of these art forms, often in collaboration with Les Arts Decoratifs.
Who is the CEO of Friends Of The Musees Des Arts Decoratifs Inc?
Margaret Bult is the Pres & Director of Friends Of The Musees Des Arts Decoratifs Inc.
What is the revenue of Friends Of The Musees Des Arts Decoratifs Inc?
Friends Of The Musees Des Arts Decoratifs Inc's revenue in 2022 was $1,514,974.
Who are the executives of Friends Of The Musees Des Arts Decoratifs Inc and what are their salaries?
Here are 15 key members and their salaries:
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- Compensation: $55,000
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Where can I find the form 990 for Friends Of The Musees Des Arts Decoratifs Inc?
Friends Of The Musees Des Arts Decoratifs Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of The Musees Des Arts Decoratifs Inc
Friends of the Musees des Arts Decoratifs Inc is dedicated to fostering an appreciation and conservation of the decorative arts. In carrying out this mission, the organization supports the preservation, restoration, and exhibition of various decorative and useful objects. These include, but are not limited to, interior design, furniture, textiles, fashion, graphic arts, decorative painting, art glass, jewelry, porcelain, and other decorative items. The Friends additionally provide educational programs, aiming to shed light on the importance of these art forms. By supporting the activities and programs of Les Arts Decoratifs, Friends of the Musees des Arts Decoratifs Inc plays a significant role in promoting and preserving the decorative arts for future generations.
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Impact
October, 2024
Friends Of The Musees Des Arts Decoratifs Inc significantly influences the preservation and appreciation of decorative arts by funding essential projects and initiatives. Their support has facilitated the installation and scenography of noteworthy exhibitions, such as "An Encounter with Le Petit Prince," which included the construction of climate-controlled displays for original manuscripts and artworks, ensuring these treasures are showcased effectively and preserved for future generations.
In addition to exhibition support, substantial grants have been directed towards restoration efforts within the fashion and textile departments, safeguarding invaluable objects and maintaining their historical integrity. The organization also promotes inclusivity in the arts by funding free access to exhibitions for young visitors aged 18 to 25, thus encouraging a new generation to engage with and learn about decorative arts. Continued backing of educational programs in graphic arts further highlights their commitment to fostering knowledge and appreciation in this field.
Overall, their contributions enrich cultural heritage, enhance educational opportunities, and promote access to the arts, making a lasting impact on both the local community and the broader global audience.
This information is meant to be a general summary of Friends Of The Musees Des Arts Decoratifs 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.
- Gross Receipts: $1,514,974
Assets and Liabilities:
- Total Assets: $1,795,847
- Total Liabilities: $27,925
- Net Assets: $1,767,922
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Organization Details
Founding Year
1999
Phone
(212) 628-1016Principal Officer
Margaret Bult
Main Address
MARGARET BULT 40 E 78TH ST 12G, NEW YORK, NY, 10075
NTEE Category
Code: A125 - Arts
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