Overview
What is The International Friends Of The Montreal Museum Of Fine Arts Inc?
The International Friends of the Montreal Museum of Fine Arts Inc is a nonprofit organization situated in New York, specifically at 898 Park Avenue, New York, NY 10075. Its primary goal is to foster public interest in the arts, which it accomplishes by supporting initiatives that encourage artistic endeavors, disseminate knowledge about art, and acquire, preserve, maintain, and exhibit works of art. The organization was established with the mission to promote public enthusiasm for the arts. Through its activities, it contributes to the art community by furthering its programs and objectives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The International Friends Of The Montreal Museum Of Fine Arts Inc has received a low rating of 53% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. Notably, the organization has a complete lack of independent board members, which raises questions about governance and oversight. The absence of key policies such as conflict of interest and whistleblower protections further diminishes its credibility.
Despite these issues, the charity does demonstrate positive aspects, particularly in its program expense ratio, which stands at an impressive 99.23%. This suggests that nearly all of its funding is directed toward its programs rather than administrative costs. Additionally, the organization has no material diversion of assets, reflecting sound financial stewardship in that area.
However, critical weaknesses in transparency are evident, with missing documentation on its website, including essential policies and board meeting minutes. These shortcomings highlight a need for improvement in governance practices, which could enhance trust and accountability among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The International Friends Of The Montreal Museum Of Fine Arts Inc legitimate?
The International Friends Of The Montreal Museum Of Fine Arts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The International Friends Of The Montreal Museum Of Fine Arts 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: $0
For more financial information, click here
What is the mission statement of The International Friends Of The Montreal Museum Of Fine Arts Inc?
The International Friends of the Montreal Museum of Fine Arts Inc was established with a mission to foster public interest in the arts. This organization actively supports programs that encourage artistic pursuits, disseminates knowledge about art, and works towards acquiring, preserving, improving, and exhibiting artistic pieces. The primary goal is to promote and enhance the appreciation of art among a wide audience.
Who is the CEO of The International Friends Of The Montreal Museum Of Fine Arts Inc?
Sarah Nash is the Director of The International Friends Of The Montreal Museum Of Fine Arts Inc.
What is the revenue of The International Friends Of The Montreal Museum Of Fine Arts Inc?
The International Friends Of The Montreal Museum Of Fine Arts Inc's revenue in 2022 was $460,001.
Who are the executives of The International Friends Of The Montreal Museum Of Fine Arts Inc and what are their salaries?
There 2 volunteers at The International Friends Of The Montreal Museum Of Fine Arts Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The International Friends Of The Montreal Museum Of Fine Arts Inc?
The International Friends Of The Montreal Museum Of Fine Arts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The International Friends Of The Montreal Museum Of Fine Arts Inc
The International Friends of the Montreal Museum of Fine Arts Inc was established with a mission to foster public interest in the arts. This mission is fulfilled through various activities, including supporting programs that encourage artistic growth, disseminating knowledge about art, and acquiring, preserving, and enhancing the condition of artworks. The organization then showcases these artworks by exhibiting them to the public, thereby promoting appreciation for the arts and artistic expression. By engaging in these activities, The International Friends of the Montreal Museum of Fine Arts Inc plays a significant role in promoting artistic culture and enriching the artistic landscape for its community.
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Impact
July, 2024
The International Friends Of the Montreal Museum Of Fine Arts Inc has a significant impact on promoting public interest in the arts. The organization supports programs that encourage the arts, disseminate knowledge of the arts, and works towards acquiring, preserving, collecting, improving the condition of, and exhibiting works of art. Through its efforts, The International Friends Of the Montreal Museum Of Fine Arts Inc plays a vital role in fostering a greater appreciation and understanding of art within the community.
This information is meant to be a general summary of The International Friends Of The Montreal Museum Of Fine Arts 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: $1
- Gross Receipts: $460,001
Assets and Liabilities:
- Total Assets: $263,517
- Total Liabilities: $7,800
- Net Assets: $255,717
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Organization Details
Founding Year
2003
Phone
(516) 795-1400Principal Officer
Sarah Nash
Main Address
C/O SARAH NASH 898 PARK AVE, NEW YORK, NY, 10075
NTEE Category
Code: T20 - Philanthropy
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