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Monmouth Museum & Cultural Center

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

EIN: 221739205 ✦ Lincroft, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Monmouth Museum & Cultural Center?

The Monmouth Museum & Cultural Center, located in Lincroft, New Jersey, serves a diverse community through rotating exhibitions of art and science. With two children's wings, two galleries, and a nature center, the museum aims to foster creative expression and lifelong learning. The Monmouth Museum presents engaging and educational exhibitions, providing a destination for both entertainment and personal growth. With a team of 31 dedicated individuals, the museum strives to cater to its community, offering a dynamic blend of art, history, and science exhibits.


Official website here: www.monmouthmuseum.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Stars)

Monmouth Museum & Cultural Center received an 88% rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is derived entirely from the accountability and finance beacon, showcasing the nonprofit's commitment to transparency. The organization boasts a fully independent board, with all 16 members meeting independence criteria, which contributes positively to its governance.

The nonprofit shows strong financial practices, with no material diversion of assets and a low liabilities to assets ratio of 7.28%. The organization also scores well in areas such as financial statement oversight and adherence to conflict of interest policies. While its program expense ratio is slightly lower at 63.56%, it still reflects a significant portion of expenditures directed towards its mission-related activities.

Overall, Monmouth Museum & Cultural Center demonstrates a commendable commitment to ethical governance and financial accountability. However, there may be room for improvement in further enhancing the percentage of funds allocated directly to programs.


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

Is Monmouth Museum & Cultural Center legitimate?

Monmouth Museum & Cultural Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monmouth Museum & Cultural Center 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: $385,882

For more financial information, click here


Official website here: www.monmouthmuseum.org

What is the mission statement of Monmouth Museum & Cultural Center?

The Monmouth Museum & Cultural Center's mission is centered around providing rotating exhibitions of art and science, fostering creative expression and learning within its diverse community. Through two children's wings, two galleries, and a nature center, the museum serves as an educational and entertaining destination, encouraging lifelong learning. The center's exhibitions aim to cater to various interests, promoting a destination for creative expression and knowledge enrichment.


Official website here: www.monmouthmuseum.org

Who is the CEO of Monmouth Museum & Cultural Center?

Erika Schaefer is the Trustee of Monmouth Museum & Cultural Center.


Official website here: www.monmouthmuseum.org

What is the revenue of Monmouth Museum & Cultural Center?

Monmouth Museum & Cultural Center's revenue in 2022 was $842,796.


Official website here: www.monmouthmuseum.org

Who are the executives of Monmouth Museum & Cultural Center and what are their salaries?

The average compensation at Monmouth Museum & Cultural Center during 2022 was $12,448. There are 31 employees and 50 volunteers at Monmouth Museum & Cultural Center.


Here are 18 key members and their salaries:


Robert Angel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adithya Bathena (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Boas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Bucchieri (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ming Chen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marrianne Ficarra (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Fleischner (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Grunin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Nilson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Pojawa (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Reed (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Rodriguez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rubin (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda James Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Weiss (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas A Yorke Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Zarraga (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Schaefer (Executive Director)
  • Compensation: $80,720
  • Related: $0
  • Other: $0


Official website here: www.monmouthmuseum.org

Where can I find the form 990 for Monmouth Museum & Cultural Center?

Monmouth Museum & Cultural Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.monmouthmuseum.org

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

Mission Statement of Monmouth Museum & Cultural Center

Monmouth Museum & Cultural Center, in its mission, presents rotating exhibitions of art and science aimed at educating and entertaining a diverse community. Through two children's wings, two galleries, and a nature center, the museum fosters creative expression and learning within its served communities. By providing a destination for lifelong learning, Monmouth Museum & Cultural Center encourages artistic and scientific exploration, contributing to the overall enrichment of its community members.

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Impact




October, 2024

Monmouth Museum & Cultural Center significantly enriches the community by offering dynamic exhibitions in art, history, and science. By providing a space dedicated to creative expression and lifelong learning, it serves as a hub for diverse audiences to engage with changing exhibits and educational programs. The museum's focus on hands-on learning through its children's wings and nature center fosters curiosity and creativity in young minds, encouraging important dialogue around the arts and sciences. This vibrant cultural destination enhances the cultural fabric of Lincroft, NJ, making art and education accessible to all, and fostering a sense of community pride and engagement.




This information is meant to be a general summary of Monmouth Museum & Cultural Center. 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
$842,796 (2022)
Expenses
$861,666 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $26,996
  • Program Service Revenue: $279,751
  • Gross Receipts: $859,982

Assets and Liabilities:

  • Total Assets: $1,451,426
  • Total Liabilities: $105,681
  • Net Assets: $1,345,745

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Programs

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

ADMISSIONS

Revenue

$240,579

ART SALES

Revenue

$28,019

GIFT SHOP

Revenue

$11,153

Organization Details

Founding Year

1963

Principal Officer

Erika Schaefer

Main Address

765 NEWMAN SPRINGS ROAD, LINCROFT, NJ, 07738

NTEE Category

Code: A500 - Arts

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