Overview
What is Cincinnati Baseball Museum?
The Cincinnati Baseball Museum, formally known as the Cincinnati Reds Hall of Fame and Museum, is a nonprofit organization situated at 100 Joe Nuxhall Way, Cincinnati, Ohio 45202. Its primary mission is to preserve and exhibit artifacts, memorabilia, and other materials related to the rich history of Cincinnati baseball. The museum honors individuals of exceptional achievement through induction, awards, and appearances. They conduct various educational and engaging activities, programs, and tours to educate, inform, and enlighten visitors of all ages about the Cincinnati Reds' history. With a dedicated workforce of 34 employees, the museum aims to promote and display the Reds' history through unique programs and events.
Official website here: www.cincinnati.reds.mlb.com/cin/hof/
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (54%)
The Cincinnati Baseball Museum has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board, it has been marked down for not having essential policies in place, such as a conflict of interest policy and a whistleblower policy, which are critical for transparency and governance.
Financially, the museum shows a strong program expense ratio, indicating that a substantial portion of its expenditures goes directly towards its mission. However, the organization struggles with a high liabilities to assets ratio, which raises concerns about its financial health and stability. Additionally, the lack of a comprehensive review or compilation of financial statements suggests potential issues with oversight.
Overall, while the Cincinnati Baseball Museum has strengths in board independence and program spending, its shortcomings in financial transparency and governance policies contribute to its low rating. Prospective donors and supporters should consider these factors when evaluating the organization's effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Cincinnati Baseball Museum legitimate?
Cincinnati Baseball Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincinnati Baseball 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: $177,460
Professional Fundraising Fees: $0
Other Salaries and Wages: $583,527
For more financial information, click here
Official website here: www.cincinnati.reds.mlb.com/cin/hof/
What is the mission statement of Cincinnati Baseball Museum?
The Cincinnati Baseball Museum's mission is centered around preserving, promoting, and showcasing the history of the Cincinnati Reds. They achieve this through unique programs and events. By adhering to its mission, the museum safeguards and exhibits artifacts, memorabilia, and other materials related to Cincinnati's baseball heritage. The museum also honors notable individuals through inductions, awards, and appearances. Furthermore, it conducts educational activities, programs, and tours that inform, educate, and enlighten visitors of all ages.
Official website here: www.cincinnati.reds.mlb.com/cin/hof/
Who is the CEO of Cincinnati Baseball Museum?
Richard Walls is the President of Cincinnati Baseball Museum.
Official website here: www.cincinnati.reds.mlb.com/cin/hof/
What is the revenue of Cincinnati Baseball Museum?
Cincinnati Baseball Museum's revenue in 2022 was $1,814,554.
Official website here: www.cincinnati.reds.mlb.com/cin/hof/
Who are the executives of Cincinnati Baseball Museum and what are their salaries?
The average compensation at Cincinnati Baseball Museum during 2022 was $22,382. There are 34 employees and 108 volunteers at Cincinnati Baseball Museum.
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- Compensation: $151,067
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- Other: $26,393
Official website here: www.cincinnati.reds.mlb.com/cin/hof/
Where can I find the form 990 for Cincinnati Baseball Museum?
Cincinnati Baseball Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cincinnati.reds.mlb.com/cin/hof/
Learn more at the official website: www.cincinnati.reds.mlb.com/cin/hof/
Mission Statement of Cincinnati Baseball Museum
The Cincinnati Baseball Museum is dedicated to preserving, promoting, and showcasing the rich history of the Cincinnati Reds through unique programs and events. By carrying out its mission, the museum safeguards and exhibits various artifacts, memorabilia, and other materials related to the history of Cincinnati baseball. The institution honors individuals of significant achievement by inducting them, presenting awards, and offering appearances. Additionally, the museum conducts activities, programs, and tours that educate, inform, and enlighten visitors of all ages. These initiatives aim to celebrate the past, present, and future of Cincinnati's beloved baseball team, providing an engaging and informative experience for all who visit.
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Impact
August, 2024
The Cincinnati Baseball Museum's impact lies in preserving, promoting, and displaying the rich history of the Cincinnati Reds through a variety of programs and events. It honors individuals of high achievement through inductions, awards, and appearances, while also educating and enlightening visitors young and old through activities, programs, and tours. By preserving and exhibiting artifacts, memorabilia, and other materials related to Cincinnati baseball, the museum plays a crucial role in keeping the community connected to its baseball heritage and fostering a sense of pride and appreciation for the sport.
This information is meant to be a general summary of Cincinnati Baseball 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: $8,837
- Program Service Revenue: $755,173
- Gross Receipts: $2,894,790
Assets and Liabilities:
- Total Assets: $6,691,239
- Total Liabilities: $6,724,531
- Net Assets: -$33,292
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIPS
Revenue
$327,091
TICKET SALES
Revenue
$311,774
GROUP TOURS
Revenue
$116,308
Organization Details
Founding Year
2002
Phone
(513) 765-7015Principal Officer
Richard Walls
Main Address
100 JOE NUXHALL WAY, CINCINNATI, OH, 45202
NTEE Category
Code: A50 - Arts
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