Overview
What is Lacis Museum Of Lace And Textiles Inc?
Lacis Museum of Lace and Textiles Inc, located at 3163 Adeline Street, Berkeley, CA 94703, is a dedicated nonprofit organization that advocates for and promotes the textile arts. Their primary purpose is to preserve, exhibit, and educate the public on various lace, textile, and related materials from various cultures and time periods. They operate a resource center for research and documentation, and a museum sales facility to disseminate related items, supporting their mission financially. With a team of eight employees, Lacis Museum aims to foster an environment of support, knowledge, and encouragement for all those engaged in the textile arts.
Official website here: www.lacismuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%
The Lacis Museum Of Lace And Textiles Inc has received a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in Accountability and Finance. The organization excels with a perfect score in several key areas, such as having a fully independent board and no material diversion of assets, indicating sound financial stewardship and governance.
The museum’s commitment to transparency is evident through its adherence to policies on conflicts of interest, whistleblower protection, and document retention, all of which are clearly outlined and accessible. Additionally, its program expense ratio stands at an impressive 100%, showcasing that all of its expenditures are directed towards its mission and programs, further underscoring its dedication to effective use of resources.
While the museum demonstrates exceptional financial health and governance, it is essential for potential donors and supporters to consider the organization’s overall mission and community impact as they evaluate its alignment with personal values and objectives. Overall, the Lacis Museum Of Lace And Textiles Inc stands as a trusted nonprofit with a strong foundation in accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Lacis Museum Of Lace And Textiles Inc legitimate?
Lacis Museum Of Lace And Textiles Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lacis Museum Of Lace And Textiles 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: $126,715
For more financial information, click here
Official website here: www.lacismuseum.org
What is the mission statement of Lacis Museum Of Lace And Textiles Inc?
The Lacis Museum of Lace and Textiles Inc is dedicated to serving as a hub of support, knowledge, and encouragement for individuals engaged in various facets of the textile arts. Its mission is to provide an environment that fosters learning and engagement in this field. To accomplish this, the museum preserves, exhibits, and showcases textile artifacts from diverse cultures and time periods. It also operates as a resource center, offering educational opportunities, research facilities, and documentation services related to these objects. Furthermore, the museum operates a retail outlet to sell lace, lace-making tools, books, and other items that align with its mission, ultimately supporting the museum financially.
Official website here: www.lacismuseum.org
Who is the CEO of Lacis Museum Of Lace And Textiles Inc?
Jules Kliot is the Treasurer of Lacis Museum Of Lace And Textiles Inc.
Official website here: www.lacismuseum.org
What is the revenue of Lacis Museum Of Lace And Textiles Inc?
Lacis Museum Of Lace And Textiles Inc's revenue in 2022 was $700,499.
Official website here: www.lacismuseum.org
Who are the executives of Lacis Museum Of Lace And Textiles Inc and what are their salaries?
The average compensation at Lacis Museum Of Lace And Textiles Inc during 2022 was $15,839. There are 8 employees at Lacis Museum Of Lace And Textiles Inc.
Here are 6 key members and their salaries:
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Official website here: www.lacismuseum.org
Where can I find the form 990 for Lacis Museum Of Lace And Textiles Inc?
Lacis Museum Of Lace And Textiles Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lacismuseum.org
Learn more at the official website: www.lacismuseum.org
Mission Statement of Lacis Museum Of Lace And Textiles Inc
Lacis Museum of Lace and Textiles Inc is dedicated to serving as a sanctuary for individuals engaged in various facets of the textile arts. The museum's primary objective is to promote education, encouragement, and public involvement in all aspects related to textiles. To achieve this mission, the museum preserves and showcases an extensive collection of lace, textiles, and related artifacts from diverse cultures and eras.
Furthermore, Lacis Museum of Lace and Textiles Inc also functions as a learning resource center, offering opportunities for education, research, and documentation in the field. The museum's commitment to disseminating knowledge extends beyond its collection, as it operates a retail facility selling lace-making tools, books, and other related items to support its exempt purpose and financially sustain its operations.
In essence, Lacis Museum of Lace and Textiles Inc serves as a hub for exploring, appreciating, and engaging with the rich world of textile arts. By preserving and exhibiting its collection, providing a resource center, and selling related items, the museum aims to provide a supportive and enriching environment for all those involved in the textile arts.
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Impact
July, 2024
The impact of Lacis Museum of Lace and Textiles Inc is evident in its dedication to providing a place of support, knowledge, and encouragement for all individuals engaged in textile arts. By preserving and exhibiting lace, textiles, and related materials from various cultures and periods, the museum serves as a valuable resource center for education, research, and documentation in the field of textile arts. Additionally, the museum's sales facility allows for the dissemination of lace, lace-making tools, books, and other items, furthering its mission and providing financial support. Through these activities, Lacis Museum contributes to the appreciation and advancement of the textile arts, making a significant impact on the artistic community and beyond.
This information is meant to be a general summary of Lacis Museum Of Lace And Textiles 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.
- Investment Income: $2
- Program Service Revenue: $196,110
- Gross Receipts: $700,499
Assets and Liabilities:
- Total Assets: $1,510,012
- Total Liabilities: $0
- Net Assets: $1,510,012
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Museum sales
Revenue
$196,110
Organization Details
Founding Year
2004
Phone
(510) 843-7178Principal Officer
Jules Kliot
Main Address
3163 Adeline Street, Berkeley, CA, 94703
Website
www.lacismuseum.orgNTEE Category
Code: A54 - Arts
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