Overview
What is George Eastman Museum?
The George Eastman Museum, founded in 1947, is a renowned nonprofit organization based in Rochester, New York. It is the oldest photography museum in the world and one of the leading film archives in the US. The museum is situated on the historic estate of philanthropist and pioneer of popular photography, George Eastman. Its extensive holdings include over 400,000 photographs, 28,000 motion picture films, and significant collections of photographic and cinematographic technology. As a research and educational institution, the museum provides leadership in the fields of photography and cinema. It preserves and develops its world-class collections, as well as George Eastman's estate, a National Historic Landmark. The organization serves its communities, both in Rochester and beyond, by offering interactive learning experiences, promoting visual and digital literacy, and fostering global competence. In 2022, approximately 82,000 people visited the museum, continuing its rebound from pandemic-related closures. Visitors experienced photographic exhibitions, self-guided and mobile tours, film screenings, and interactive learning opportunities. The museum expanded its online resources and curriculum, focusing on digital preservation techniques, and revitalized its inclusive education and outreach efforts to serve the diverse K-12 student population in the Rochester community.
Official website here: www.eastman.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating from Charity Navigator.
The George Eastman Museum has achieved an impressive Four-Star rating, indicating a high level of accountability and financial health. With an overall score of 97%, the museum demonstrates strong governance practices, including a fully independent board and robust conflict of interest policies. Notably, there are no reported issues with asset diversion, underscoring the organization's integrity and commitment to transparency.
Financially, the museum appears well-managed, with a program expense ratio of 75.43%, which indicates that a significant majority of its expenditures go directly towards its mission-related activities. The fundraising efficiency ratio is commendable at $0.13, suggesting that the museum raises funds effectively with minimal expense. Additionally, the working capital ratio of 5.74 years highlights the organization’s solid financial foundation and its capacity to sustain operations without immediate financial pressures.
While the museum displays strong overall performance, potential supporters may want to consider how the organization plans to maintain its high standards over time. Continuous monitoring of financial health and governance practices will be crucial for upholding its exemplary status in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is George Eastman Museum legitimate?
George Eastman Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. George Eastman Museum 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: $498,117
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,899,681
For more financial information, click here
Official website here: www.eastman.org
What is the mission statement of George Eastman Museum?
The George Eastman Museum, established in 1947, is a leading research and educational institution with a focus on photography and cinema. It is renowned as the oldest continuous photography museum in the world and boasts one of the most comprehensive film archives in the United States. The museum's extensive collections encompass over 400,000 photographs, 28,000 motion picture films, and significant holdings of photographic and cinematographic technology, books, documents, and other related objects. As a research and teaching institution, the museum aims to provide leadership in the fields of photography and cinema, preserve and develop its world-class collections, and serve its communities by engaging in various educational and outreach initiatives.
Official website here: www.eastman.org
Who is the CEO of George Eastman Museum?
Jacqueline Distefano is the Chair of George Eastman Museum.
Official website here: www.eastman.org
What is the revenue of George Eastman Museum?
George Eastman Museum's revenue in 2022 was $12,602,150.
Official website here: www.eastman.org
Who are the executives of George Eastman Museum and what are their salaries?
The average compensation at George Eastman Museum during 2022 was $31,413. There are 140 employees and 149 volunteers at George Eastman Museum.
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Official website here: www.eastman.org
Where can I find the form 990 for George Eastman Museum?
George Eastman Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eastman.org
Learn more at the official website: www.eastman.org
Mission Statement of George Eastman Museum
The George Eastman Museum, a pioneering institution founded in 1947, is the world's oldest photography museum and a prominent film archive in the United States. This esteemed organization is dedicated to George Eastman, a philanthropist and entrepreneur who revolutionized popular photography and spearheaded the development of motion picture film. The museum's comprehensive holdings consist of over 400,000 photographs, 28,000 motion picture films, a preeminent collection of photographic and cinematographic technology, a leading library of photography and cinema-related books, and extensive archives of documents and objects related to George Eastman.
As a research and educational institution, the George Eastman Museum pursues three interconnected goals. First, it strives to set the standard in the realms of photography and cinema by providing leadership and critical contributions in film preservation and photographic conservation. Second, it carefully preserves and develops its world-class collections of photography and cinema, along with George Eastman's estate, a National Historic Landmark. Lastly, it serves its communities, both locally in Greater Rochester and beyond, by offering valuable resources and engaging experiences that celebrate the innovative spirit of George Eastman.
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Impact
October, 2024
The George Eastman Museum significantly enriches the cultural landscape of Rochester and beyond by serving as a premier destination for photography and film enthusiasts. Founded in 1947, it is recognized as the world's oldest photography museum and one of the foremost film archives in the United States. The museum's extensive collection, featuring over 400,000 photographs and 28,000 motion picture films, showcases the evolution of visual media and technology.
In 2022, the museum attracted approximately 82,000 visitors, drawing individuals from local and global communities. This engagement was fostered through a variety of activities, including photographic exhibitions, film screenings, interactive educational experiences, and guided tours of the historic estate. Online programming expanded its reach, allowing a diverse audience to access resources such as an online database of collections and audio-visual recordings.
The museum's L. Jeffrey Selznick School of Film Preservation stands out as a critical educational initiative, shaping future professionals in the field with a focus on digital preservation techniques. Moreover, the museum's renewed commitment to inclusive education and outreach has provided K-12 students and families with opportunities for participatory learning that emphasize visual and digital literacy.
Overall, the George Eastman Museum plays a vital role in preserving the legacy of photography and cinema while fostering education and engagement within the community. Its mission to lead in these fields, preserve invaluable collections, and serve diverse populations underlines its impact on both local and global scales.
This information is meant to be a general summary of George Eastman Museum. 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: $2,367,259
- Program Service Revenue: $1,683,972
- Gross Receipts: $19,832,173
Assets and Liabilities:
- Total Assets: $55,954,650
- Total Liabilities: $4,615,363
- Net Assets: $51,339,287
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$684,935
LOANS, RENTALS, ROYALTIES
Revenue
$602,033
FILM DIGITIZATION FEES
Revenue
$223,879
CONTRACTED EDUCATION
Revenue
$132,569
WORKSHOPS
Revenue
$27,777
Organization Details
Founding Year
1947
Phone
(585) 327-4800Principal Officer
Jacqueline Distefano
Main Address
900 EAST AVE, ROCHESTER, NY, 146072219
Website
www.eastman.orgNTEE Category
Code: A500 - Arts
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