Overview
What is Master Drawings Association Inc?
Master Drawings Association Inc, located in New York City, New York, is a small nonprofit organization with a mission to stimulate interest in artistic work and literature of art. They achieve this goal by publishing a scholarly journal titled "Master Drawings" four times a year, resulting in one volume with four issues annually. Their quarterly publication reaches approximately 1100 scholars and subscribers, contributing to the art community by sharing insights and knowledge. The organization, with just two dedicated employees, plays a significant role in promoting and encouraging artistic literature through its scholarly journal.
Official website here: www.masterdrawings.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating
The Master Drawings Association Inc has achieved a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 88% overall, with its evaluation primarily based on its accountability practices. This indicates a commitment to transparency and responsible financial management, which is crucial for maintaining donor trust and effective operations.
Key strengths of the Master Drawings Association include a fully independent board and a solid program expense ratio of 72.5%, which suggests that a significant portion of its expenses directly supports its mission. The organization also maintains good practices regarding financial statements and does not report any material diversion of assets, highlighting its integrity in financial operations.
However, some areas for improvement have been identified, including the absence of a whistleblower policy, document retention and destruction guidelines, and the posting of its tax form on its website. Addressing these gaps could enhance the organization's overall accountability framework and further strengthen its reputation among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Master Drawings Association Inc legitimate?
Master Drawings Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Master Drawings Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,589
For more financial information, click here
Official website here: www.masterdrawings.org
What is the mission statement of Master Drawings Association Inc?
The Master Drawings Association Inc is dedicated to fostering interest in artistic work and literature related to art. They achieve this goal by publishing a scholarly journal quarterly. This publication, titled "Master Drawings," features one volume with four issues released annually, reaching approximately 1100 scholars and subscribers. By doing so, the Master Drawings Association Inc contributes to the dissemination of knowledge and advancement of scholarship in the field of art.
Official website here: www.masterdrawings.org
Who is the CEO of Master Drawings Association Inc?
Clement C Moore Ii is the President of Master Drawings Association Inc.
Official website here: www.masterdrawings.org
What is the revenue of Master Drawings Association Inc?
Master Drawings Association Inc's revenue in 2023 was $686,414.
Official website here: www.masterdrawings.org
Who are the executives of Master Drawings Association Inc and what are their salaries?
The average compensation at Master Drawings Association Inc during 2023 was $41,294. There are 2 employees and 14 volunteers at Master Drawings Association Inc.
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Official website here: www.masterdrawings.org
Where can I find the form 990 for Master Drawings Association Inc?
Master Drawings Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.masterdrawings.org
Learn more at the official website: www.masterdrawings.org
Mission Statement of Master Drawings Association Inc
Master Drawings Association, a notable organization, is dedicated to fostering and stimulating interest in artistic work and literature related to art. They achieve this mission by publishing a scholarly journal quartely. This journal, titled "Master Drawings," serves as a platform for showcasing in-depth research and analysis in the field of art. The association's efforts reach approximately 1100 scholars and subscribers annually, contributing to the ongoing discourse and advancement of art scholarship. By consistently publishing four issues each year, Master Drawings Association plays a significant role in promoting and encouraging scholarly discussions on artistic works and literature.
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Impact
July, 2024
Master Drawings Association Inc's impact lies in promoting and encouraging interest in artistic work and literature of art through its quarterly publication of the scholarly journal "Master Drawings". This publication, which reaches approximately 1,100 scholars and subscribers annually, serves as a platform for scholarly discourse and research in the field of art. By providing a space for in-depth analysis and discussion of master drawings, the association contributes to the advancement and preservation of art history and culture. Through its dedicated efforts, Master Drawings Association Inc plays a vital role in fostering a deeper appreciation and understanding of the arts among its audience.
This information is meant to be a general summary of Master Drawings Association 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 2023.
- Investment Income: $30,165
- Program Service Revenue: $144,204
- Gross Receipts: $766,334
Assets and Liabilities:
- Total Assets: $1,598,911
- Total Liabilities: $156,733
- Net Assets: $1,442,178
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSCRIPTIONS
Revenue
$91,715
ADVERTISING
Revenue
$42,665
DIGITAL PUBLICATION
Revenue
$9,824
Organization Details
Founding Year
1962
Phone
(212) 590-0369Principal Officer
Clement C Moore Ii
Main Address
225 MADISON AVENUE, NEW YORK, NY, 10016
Website
www.masterdrawings.orgNTEE Category
Code: A03 - Arts
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