Overview
What is Historic Morven Inc?
Historic Morven Inc, based in Princeton, New Jersey, is a nonprofit organization dedicated to preserving and restoring the historic site known as Morven. They accomplish this by providing financial and technical assistance to the state of New Jersey. The organization operates a museum and public garden at Morven, showcasing New Jersey's cultural heritage in accordance with a cooperative agreement with the state. Historic Morven Inc also takes care of collections and collection items displayed at Morven and educates the public about New Jersey's history through exhibitions, interpretation, and cultural programs. Additionally, they collaborate with various museums, historic sites, and educational organizations to further these purposes. With a team of 19 individuals, Historic Morven Inc aims to preserve and celebrate the rich history of Morven for diverse audiences.
Official website here: www.morven.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Historic Morven Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 96% overall, demonstrating its commitment to transparency and effective financial management. The high percentage indicates that it is effectively utilizing funds for its programs and maintaining a low liabilities to assets ratio.
The nonprofit showcases a robust governance structure, with an entirely independent board of members. This independent oversight is crucial for ensuring that the organization adheres to best practices and ethical standards. Additionally, the presence of comprehensive policies such as conflict of interest and whistleblower protections further enhances its accountability framework.
One notable strength of Historic Morven Inc is its significant investment in programs, with a program expense ratio of nearly 84%. This suggests that a large portion of its financial resources is directed towards fulfilling its mission, which is essential for donors seeking to support impactful organizations. Overall, the data indicates that Historic Morven Inc operates with a high level of integrity, but no specific limitations or areas of concern were noted in the evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is Historic Morven Inc legitimate?
Historic Morven Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Historic Morven 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: $153,381
Professional Fundraising Fees: $0
Other Salaries and Wages: $619,704
For more financial information, click here
Official website here: www.morven.org
What is the mission statement of Historic Morven Inc?
Historic Morven Inc's mission is centered around preserving a significant historical site, known as Morven, by operating it as a museum and public garden. This organization aims to educate diverse audiences and showcase Morven's rich history. To accomplish this, Historic Morven Inc assists the state of New Jersey in preserving and restoring the site through financial and technical assistance. They also operate a museum and garden at Morven, displaying New Jersey's cultural heritage in accordance with a cooperative agreement. The organization takes care of collections and collection items at Morven, and educates the public about New Jersey's cultural heritage through exhibitions, interpretations, and cultural programs. Historic Morven Inc collaborates with various museums, historic sites, and educational organizations to further these purposes.
Official website here: www.morven.org
Who is the CEO of Historic Morven Inc?
Jill Barry is the Executive Di of Historic Morven Inc.
Official website here: www.morven.org
What is the revenue of Historic Morven Inc?
Historic Morven Inc's revenue in 2022 was $2,239,709.
Official website here: www.morven.org
Who are the executives of Historic Morven Inc and what are their salaries?
The average compensation at Historic Morven Inc during 2022 was $40,689. There are 19 employees and 75 volunteers at Historic Morven Inc.
Here are 21 key members and their salaries:
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Official website here: www.morven.org
Where can I find the form 990 for Historic Morven Inc?
Historic Morven Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.morven.org
Learn more at the official website: www.morven.org
Mission Statement of Historic Morven Inc
Historic Morven Inc, a renowned organization, is dedicated to preserving the national historic landmark known as Morven. By operating Morven as a museum and public garden, Historic Morven Inc aims to educate diverse audiences and showcase its rich history. The mission of this nonprofit is multifaceted, encompassing several key objectives.
Firstly, Historic Morven Inc assists the State of New Jersey in preserving and restoring the historic site of Morven, providing financial and technical support as needed. This collaboration ensures the upkeep and maintenance of Morven, ensuring it remains a testament to New Jersey's cultural heritage.
Secondly, Historic Morven Inc operates a museum and public garden at Morven, meticulously curating exhibits that reflect the state's cultural heritage. This is done in accordance with a cooperative agreement between Historic Morven Inc and the State of New Jersey, ensuring the authenticity and educational value of each exhibit.
Thirdly, the organization takes care of collections and collection items that are deposited or exhibited at Morven. This includes preserving and maintaining these items, ensuring they are presented in the best possible condition for the public to appreciate.
Lastly, Historic Morven Inc educates the public about New Jersey's cultural heritage through various means. This includes exhibitions, interpretations, and cultural programs. The organization also collaborates with other museums, historic sites, and educational organizations to further these purposes, broadening the reach and impact of its mission.
In summary, Historic Morven Inc is committed to preserving the historic site of Morven, operating it as a museum and public garden, and educating diverse audiences about New Jersey's cultural heritage. Through its multifaceted mission, Historic Morven Inc is dedicated to showcasing the rich history of Morven and New Jersey, ensuring its legacy is preserved for future generations.
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Impact
October, 2024
Historic Morven Inc plays a vital role in preserving and celebrating the rich cultural heritage of New Jersey through the stewardship of Morven, a designated National Historic Landmark. By operating Morven as a museum and public garden, it serves as a significant educational resource for diverse audiences, promoting understanding and appreciation of New Jersey's history.
The organization assists the state in the preservation and restoration of the Morven site, providing both financial and technical support that ensures its historical integrity. Through exhibitions, interpretations, and cultural programs, Historic Morven Inc educates the public on the state’s heritage, fostering a deeper connection to the past. Additionally, it collaborates with the New Jersey State Museum and various educational institutions, enhancing its impact and outreach within the community.
By caring for collections and exhibiting items of historical significance, Historic Morven Inc creates an engaging environment where the stories of New Jersey’s history are told and celebrated, enriching the local cultural landscape and inspiring future generations.
This information is meant to be a general summary of Historic Morven 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: $577,672
- Program Service Revenue: $252,157
- Gross Receipts: $2,400,066
Assets and Liabilities:
- Total Assets: $24,966,023
- Total Liabilities: $314,319
- Net Assets: $24,651,704
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$208,908
ADMISSION
Revenue
$43,249
Organization Details
Founding Year
1987
Phone
(609) 924-8144Principal Officer
Jill Barry
Main Address
55 STOCKTON STREET, PRINCETON, NJ, 08540
Website
www.morven.orgNTEE Category
Code: A82Z - Arts
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