Overview
What is Steamboat Art Museum?
The Steamboat Art Museum, situated in Steamboat Springs, Colorado, is a nonprofit organization that plays a significant role in showcasing artistic creations to the public. With a mission to reflect and enhance the local culture and heritage of Northwest Colorado, they organize exhibitions and shows, promoting the visual arts within their community. The museum, with a staff of 11 dedicated individuals, strives to present art that resonates with the community, contributing to its rich cultural tapestry.
Official website here: www.steamboatartmuseum.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating
The Steamboat Art Museum has received an 82% rating, which is reflected in its Three-Star designation. This score indicates a solid performance in accountability and finance, showcasing the museum's commitment to transparency and responsible financial management. The organization has a fully independent board, with 12 members, and has demonstrated strong financial practices, including a favorable liabilities to assets ratio of 1.87%.
Despite these strengths, there are some areas for improvement, particularly regarding governance policies. The museum lacks a whistleblower policy and a document retention and destruction policy, which could enhance its accountability practices further. Additionally, the museum's tax form is not posted on its website, which detracts from its transparency efforts.
Overall, while the Steamboat Art Museum scores well in many aspects of financial accountability, addressing the noted gaps in governance policies would bolster its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Steamboat Art Museum legitimate?
Steamboat Art Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steamboat Art 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: $92,675
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,881
For more financial information, click here
Official website here: www.steamboatartmuseum.com
What is the mission statement of Steamboat Art Museum?
The Steamboat Art Museum's mission is centered around promoting and showcasing visual arts to the community of Northwest Colorado. By doing so, the museum aims to enrich and reflect the region's culture and heritage. Their activities primarily involve organizing exhibits and shows of artwork, making these artistic expressions accessible to the public.
Official website here: www.steamboatartmuseum.com
Who is the CEO of Steamboat Art Museum?
Betse Grassby is the Executive Dir. of Steamboat Art Museum.
Official website here: www.steamboatartmuseum.com
What is the revenue of Steamboat Art Museum?
Steamboat Art Museum's revenue in 2022 was $643,237.
Official website here: www.steamboatartmuseum.com
Who are the executives of Steamboat Art Museum and what are their salaries?
The average compensation at Steamboat Art Museum during 2022 was $23,051. There are 11 employees and 40 volunteers at Steamboat Art Museum.
Here are 13 key members and their salaries:
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Official website here: www.steamboatartmuseum.com
Where can I find the form 990 for Steamboat Art Museum?
Steamboat Art Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.steamboatartmuseum.com
Learn more at the official website: www.steamboatartmuseum.com
Mission Statement of Steamboat Art Museum
Steamboat Art Museum, a renowned institution, is committed to promoting and showcasing visual arts within the community of Northwest Colorado. Its mission is geared towards reflecting and enhancing the region's culture and heritage. By providing a platform for exhibits and art shows, the museum plays a significant role in making these artistic expressions accessible to the general public. This, in turn, contributes to the enrichment and appreciation of the visual arts within the community.
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Impact
July, 2024
Steamboat Art Museum has made a significant impact on the community of Northwest Colorado by promoting and presenting visual arts that reflect and enhance the local culture and heritage. Through its exhibits and shows, the museum provides the general public with a valuable opportunity to engage with artwork in a meaningful way. Its efforts contribute to the cultural enrichment of the region and help support the development and appreciation of the arts in the community.
This information is meant to be a general summary of Steamboat Art 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: -$12,283
- Program Service Revenue: $188,407
- Gross Receipts: $1,126,233
Assets and Liabilities:
- Total Assets: $1,683,106
- Total Liabilities: $31,593
- Net Assets: $1,651,513
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMISSIONS
Revenue
$39,514
PLEIN AIR
Revenue
$43,116
SHOW INCOME
Revenue
$88,317
WORKSHOPS
Revenue
$17,460
Organization Details
Founding Year
2005
Phone
(970) 870-1755Principal Officer
Betse Grassby
Main Address
PO BOX 883434, STEAMBOAT SPRINGS, CO, 80488
Website
www.steamboatartmuseum.comNTEE Category
Code: A510 - Arts
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