Overview
What is Rosenbach Museum And Library?
The Rosenbach Museum and Library D/B/A The Rosenbach of the Free Library, located in Philadelphia, Pennsylvania, functions as a nonprofit organization. Its primary mission is to operate a museum and a research library, utilizing its collection to inspire inquiry, learning, and creative thought. The institution engages audiences through various programs, exhibitions, and research activities. The organization's activities are centered around maintaining the building, which is an integral part of its collection, and fostering an environment that promotes learning and creativity. With a dedicated workforce of 18 individuals, the Rosenbach Museum and Library serves as a cultural hub and a resource for intellectual exploration.
Official website here: www.rosenbach.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star rating)
The Rosenbach Museum and Library has received a score of 89%, indicating a solid performance in accountability and finance. The organization boasts a fully independent board, which is a strong point in governance, alongside effective oversight and a robust financial health profile. Notably, there is no material diversion of assets, and the museum adheres to sound policies, including conflict of interest and whistleblower protections.
While the organization excels in various financial metrics, it does show room for improvement in its program expense ratio, which stands at 56.53%. This suggests that a smaller proportion of the budget is spent directly on programs compared to other expenses. However, the fundraising efficiency ratio is commendable at $0.17, indicating effective fundraising practices relative to funds raised. Overall, the Rosenbach demonstrates strong governance and financial practices, though enhancing program spending could further boost its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Rosenbach Museum And Library legitimate?
Rosenbach Museum And Library is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rosenbach Museum And Library 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: $160,155
Professional Fundraising Fees: $0
Other Salaries and Wages: $867,525
For more financial information, click here
Official website here: www.rosenbach.org
What is the mission statement of Rosenbach Museum And Library?
The Rosenbach Museum and Library, operating under the name The Rosenbach of the Free Library, is dedicated to fostering inquiry, learning, and creative thought. They achieve this by engaging audiences through various programs, exhibitions, and research, all inspired by their extensive collections. Their mission is to provide a platform that encourages learning and creative expression, aiming to enrich the community and stimulate intellectual curiosity. The institution also offers educational activities, ensuring that its collections are not only preserved but also serve as a valuable resource for the public.
Official website here: www.rosenbach.org
Who is the CEO of Rosenbach Museum And Library?
Kelsey Bates is the Executive Director of Rosenbach Museum And Library.
Official website here: www.rosenbach.org
What is the revenue of Rosenbach Museum And Library?
Rosenbach Museum And Library's revenue in 2022 was $2,509,603.
Official website here: www.rosenbach.org
Who are the executives of Rosenbach Museum And Library and what are their salaries?
The average compensation at Rosenbach Museum And Library during 2022 was $57,093. There are 18 employees and 40 volunteers at Rosenbach Museum And Library.
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Official website here: www.rosenbach.org
Where can I find the form 990 for Rosenbach Museum And Library?
Rosenbach Museum And Library's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rosenbach.org
Learn more at the official website: www.rosenbach.org
Mission Statement of Rosenbach Museum And Library
The Rosenbach Museum and Library, known as Rosenbach Museum And Library D/B/A The Rosenbach Of The Free Library, is dedicated to fostering inquiry, learning, and creative thought. They achieve this by engaging audiences in a variety of programs, exhibitions, and research initiatives inspired by their extensive collections. This nonprofit organization operates a museum and research library, providing related educational activities while maintaining the building, an integral part of their collection. By engaging with the public in this manner, Rosenbach Museum and Library encourages intellectual curiosity and fosters a deeper understanding of various subjects, thereby contributing to the broader cultural landscape.
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Impact
October, 2024
The Rosenbach Museum and Library has a significant impact on the cultural and educational landscape of Philadelphia. It fosters inquiry, learning, and creative thought through diverse programs and exhibitions inspired by its extensive collection. By engaging audiences of all ages, the museum encourages exploration and appreciation of literature, history, and the arts.
Through educational activities and research opportunities, the Rosenbach supports both scholars and the general public in accessing rare manuscripts, literary artifacts, and historical documents. Its programs not only inspire creativity but also cultivate critical thinking skills and intellectual curiosity. The museum serves as a vital resource for community engagement, enriching the lives of visitors and enhancing the city’s cultural richness.
Maintaining the building as part of its collection further underscores the importance of preserving history, making the Rosenbach a unique destination that connects people with the past while promoting ongoing dialogue about the relevance of literature and history in contemporary society.
This information is meant to be a general summary of Rosenbach Museum And Library. 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: $255,605
- Program Service Revenue: $123,700
- Gross Receipts: $2,545,670
Assets and Liabilities:
- Total Assets: $16,391,741
- Total Liabilities: $1,144,807
- Net Assets: $15,246,934
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION INCOME
Revenue
$72,671
ADMISSIONS
Revenue
$25,969
MUSEUM SHOP
Revenue
$11,090
Organization Details
Founding Year
1953
Phone
(215) 732-1600Principal Officer
Kelsey Bates
Main Address
2008-2010 DELANCEY PLACE, PHILADELPHIA, PA, 19103
Website
www.rosenbach.orgNTEE Category
Code: A540 - Arts
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