Overview
What is Armenian Museum Of America Inc?
The Armenian Museum of America Inc, located at 65 Main Street, Watertown, MA 02472, is a dedicated nonprofit institution. Its primary mission involves the collection, preservation, and display of artifacts and written works of Armenian cultural significance, spanning both past and present. This treasure trove serves as a valuable archive, sharing the rich history and culture of the Armenian people with the public. To achieve this purpose, the museum offers diverse educational programs and activities, which aim to cultivate intellectual curiosity about Armenian heritage. These initiatives cater to various learning styles, promoting self-confidence and personal agency in students and lifelong learners. Furthermore, the museum hosts events that delve into the rich musical, literary, and artistic traditions of Armenia, as well as contemporary practices. In addition to its core mission, the Armenian Museum of America Inc strives to maintain an active program of collecting, conserving, documenting, and sharing Armenian artifacts, books, and publications. It serves as a national repository and information center of Armenian material culture, promoting awareness and appreciation of the Armenian people's culture and contributions. With a dedicated workforce of 7 individuals, the museum continues to engage and educate both Armenians and non-Armenians alike.
Official website here: www.armenianmuseum.org
What are the reviews and ratings of this charity?
82% rating from Charity Navigator indicates that the Armenian Museum Of America Inc has a strong focus on accountability and finance, earning a Three-Star out of Four Star rating. This score reflects a solid performance in managing its financial practices and organizational governance, which are crucial for donor confidence and sustainability.
The museum benefits from a fully independent board, demonstrating a commitment to transparency and effective oversight. It has shown strengths in areas such as financial statements and the absence of asset diversion. However, there are some limitations, particularly the absence of a whistleblower policy and document retention guidelines, which could be areas for improvement.
Despite these shortcomings, the museum allocates a significant portion of its budget toward program expenses, with a ratio of 65.56%. This statistic suggests an emphasis on its mission and programming, which is essential for fulfilling its role in preserving and promoting Armenian culture and heritage. Overall, the Armenian Museum Of America Inc reflects a commendable level of financial responsibility within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Armenian Museum Of America Inc legitimate?
Armenian Museum Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Armenian Museum Of America 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: $206,341
Professional Fundraising Fees: $0
Other Salaries and Wages: $252,043
For more financial information, click here
Official website here: www.armenianmuseum.org
What is the mission statement of Armenian Museum Of America Inc?
The Armenian Museum of America Inc. is dedicated to preserving and showcasing artifacts and written works of Armenian cultural significance, both past and present. Their mission includes actively collecting, conserving, documenting, and sharing Armenian artifacts and publications. The museum aims to preserve the Armenian heritage for future generations and tell the story of the Armenian people. They strive to promote awareness and appreciation for the culture and contributions of the Armenian people through various exhibitions and educational programs. Serving as a national repository and information center for Armenian material culture, they provide a platform to share and celebrate the rich history and traditions of the Armenian community.
Official website here: www.armenianmuseum.org
Who is the CEO of Armenian Museum Of America Inc?
James Erdekian is the Executive Director of Armenian Museum Of America Inc.
Official website here: www.armenianmuseum.org
What is the revenue of Armenian Museum Of America Inc?
Armenian Museum Of America Inc's revenue in 2022 was $2,153,609.
Official website here: www.armenianmuseum.org
Who are the executives of Armenian Museum Of America Inc and what are their salaries?
The average compensation at Armenian Museum Of America Inc during 2022 was $65,483. There are 7 employees and 9 volunteers at Armenian Museum Of America Inc.
Here are 11 key members and their salaries:
- Compensation: $130,600
- Related: $0
- Other: $5,000
- Compensation: $54,980
- Related: $0
- Other: $3,600
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.armenianmuseum.org
Where can I find the form 990 for Armenian Museum Of America Inc?
Armenian Museum Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.armenianmuseum.org
Learn more at the official website: www.armenianmuseum.org
Mission Statement of Armenian Museum Of America Inc
The Armenian Museum of America Inc, a notable institution, is committed to the task of gathering, safeguarding, and showcasing artifacts and written works of significant cultural value to the Armenian community, both past and present. Their mission extends to archiving and making these treasures accessible to the public. This organization is dedicated to ensuring that the Armenian heritage, both historical and contemporary, is preserved for future generations. By doing so, they aim to narrate the story of the Armenian people and foster an understanding and appreciation of their culture and contributions. Moreover, the Armenian Museum of America Inc serves as a national hub and information resource center for Armenian material culture. They achieve this through a wide range of exhibitions and diverse educational programs, which aim to promote awareness and appreciation of the Armenian people and their heritage.
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Impact
October, 2024
The Armenian Museum of America Inc has a significant impact on preserving and promoting Armenian culture and heritage. By collecting, preserving, and displaying artifacts and written works of cultural significance, the museum acts as a vital repository for Armenian history, both past and present. Its educational programs cultivate intellectual curiosity, engaging students and life-long learners in understanding the richness of Armenian heritage.
Through diverse activities and events, the museum not only fosters appreciation for traditional and contemporary Armenian art, music, and literature but also creates inclusive learning environments that accommodate various learning styles. This commitment to providing differentiated instruction enhances self-confidence and personal agency among visitors.
The museum serves as an information center and a national repository, ensuring that the contributions of the Armenian people are recognized and appreciated. By continuously striving to improve its educational offerings, the Armenian Museum of America creates meaningful experiences that resonate with both Armenians and those unfamiliar with the culture, thus broadening its impact on the community and beyond.
This information is meant to be a general summary of Armenian Museum Of America 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: $233,193
- Program Service Revenue: $106,222
- Gross Receipts: $2,760,308
Assets and Liabilities:
- Total Assets: $16,301,172
- Total Liabilities: $186,402
- Net Assets: $16,114,770
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP REVENUE
Revenue
$93,907
ADMISSIONS
Revenue
$12,315
Organization Details
Founding Year
1986
Phone
(617) 926-2562Principal Officer
James Erdekian
Main Address
65 MAIN STREET, WATERTOWN, MA, 02472
Website
www.armenianmuseum.orgNTEE Category
Code: A500 - Arts
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