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The Hyde Collection Trust

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141401101 ✦ Glens falls, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Hyde Collection Trust?

The Hyde Collection Trust, located at 161 Warren Street, Glens Falls, NY 12801, is a distinguished nonprofit organization dedicated to preserving and showcasing a globally significant art collection. Their mission involves curating exhibitions of regional and national importance, in addition to offering captivating educational programs tailored to their local audience and communities. With a team of 26 employees, they work tirelessly to uphold and enhance this cultural treasure, providing an enriching experience for all who engage with their collection.


Official website here: www.hydecollection.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating) from Charity Navigator.

The Hyde Collection Trust has achieved an impressive Four-Star rating, highlighting its strong performance in accountability and finance. The charity's overall score reflects its commitment to transparency, with a perfect score in all accountability metrics. This includes having a fully independent board, as well as rigorous audit and oversight procedures, which helps ensure that the organization's finances are managed responsibly.

Strengths of The Hyde Collection Trust include its high percentage of program expenses, which indicates that a significant portion of its funds is directed toward its mission-related activities. Additionally, the presence of comprehensive policies, such as conflict of interest and whistleblower policies, demonstrates the organization's dedication to ethical practices and good governance.

While the rating indicates strong performance, it is essential for potential donors and supporters to remain engaged and informed about the organization's ongoing initiatives and impact within the community. Maintaining open communication and transparency will further enhance trust and support for The Hyde Collection Trust.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about The Hyde Collection Trust?

94% of 356 reviewers on Facebook recommend The Hyde Collection Trust. Here is a summary of their reviews:

Many visitors express surprise at the treasures housed within the museum, noting the stunning collection of art and the beautifully preserved environment that evokes a sense of stepping back in time. The unique offerings and local accessibility seem to resonate well with the community, enhancing appreciation for the arts in their own backyard.

Overall, patrons appreciate the experience provided by The Hyde Collection Trust, feeling enriched and inspired by the art and culture found there.


This AI summary has been generated from reviews found on Facebook.

Is The Hyde Collection Trust legitimate?

The Hyde Collection Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hyde Collection Trust 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: $178,706
Professional Fundraising Fees: $0
Other Salaries and Wages: $710,602

For more financial information, click here


Official website here: www.hydecollection.org

What is the mission statement of The Hyde Collection Trust?

The Hyde Collection Trust's mission is centered around the development and showcasing of an internationally significant art collection. They aim to create exhibitions of regional and national importance and offer engaging educational programs. These initiatives are primarily designed to serve their core local audiences and communities. The trust is also committed to the preservation, maintenance, and conservation of their art collection, which includes organizing exhibitions and educational programs.


Official website here: www.hydecollection.org

Who is the CEO of The Hyde Collection Trust?

Norman Dascher is the CEO of The Hyde Collection Trust The CEO's salary of The Hyde Collection Trust is $101,199 and their total compensation is $101,199.


Official website here: www.hydecollection.org

What is the revenue of The Hyde Collection Trust?

The Hyde Collection Trust's revenue in 2023 was $2,290,896.


Official website here: www.hydecollection.org

Who are the executives of The Hyde Collection Trust and what are their salaries?

The average compensation at The Hyde Collection Trust during 2023 was $32,937. There are 27 employees and 17 volunteers at The Hyde Collection Trust.

Here are 19 key members and their salaries (The Hyde Collection Trust's CEO's salary is $101,199 and their total compensation is $101,199):


Jason C Ward (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Parker Ward (Co-Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Debrule (Co-Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Williams-Ness (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Smith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chelsea Hoopes Silver (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
India Adams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James R Burkett Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Belinda Colon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen-Deane Cummins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Dubben (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Morris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francine Nemer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Gerarde Niles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary W Renz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Seybolt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Domenique Yermolayev (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lefner (Chief Executive Officer)
  • Compensation: $155,383
  • Related: $0
  • Other: $23,323
Norman Dascher (Ceo (Through May 2023))
  • Compensation: $101,199
  • Related: $0
  • Other: $0


Official website here: www.hydecollection.org

Where can I find the form 990 for The Hyde Collection Trust?

The Hyde Collection Trust's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.hydecollection.org

Learn more at the official website: www.hydecollection.org

Mission Statement of The Hyde Collection Trust

The Hyde Collection Trust is dedicated to showcasing an internationally significant art collection and creating exhibitions of both regional and national significance. Their primary goal is to cater to their local audiences and communities by offering invigorating educational programs. The organization ensures the preservation, maintenance, and conservation of their art collection, which includes organizing exhibitions and educational programs. By doing so, The Hyde Collection Trust aims to enrich the cultural landscape and promote an appreciation for art within its target audience.

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Impact




October, 2024

The Hyde Collection Trust plays a vital role in promoting arts and culture in Glens Falls, NY, through the development and display of a significant collection of international art. By curating exhibitions of regional and national importance, it fosters an appreciation for art in diverse communities. The collection's maintenance and conservation ensure that valuable works are preserved for future generations.

Moreover, the Trust emphasizes educational programs designed to engage and inspire local audiences, making art accessible to all. These initiatives not only enhance cultural understanding but also contribute to the local economy by attracting visitors and supporting the arts community. Through its multifaceted approach, The Hyde Collection Trust significantly impacts both the cultural landscape and the educational fabric of the region.




This information is meant to be a general summary of The Hyde Collection Trust. 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.

Revenue
$2,290,896 (2023)
Expenses
$2,562,112 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $121,800
  • Program Service Revenue: $94,922
  • Gross Receipts: $4,053,078

Assets and Liabilities:

  • Total Assets: $13,347,854
  • Total Liabilities: $407,363
  • Net Assets: $12,940,491

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMISSIONS

Revenue

$59,422

EDUCATION

Revenue

$26,197

EXHIBITION PARTNERSHIP FEES

Revenue

$9,303

Organization Details

Founding Year

1952

Principal Officer

John Lefner

NTEE Category

Code: A110 - Arts

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