Overview
What is The Decorative Arts Trust?
The Decorative Arts Trust is a distinguished nonprofit organization based in Media, Pennsylvania, dedicated to enhancing appreciation and understanding of the decorative arts. They accomplish this mission by facilitating the exchange of information through various domestic and international programming, such as educational presentations. The Trust further supports its mission by collaborating with museums and preservation organizations, as well as providing funding for internships, research grants, and scholarships for aspiring scholars and professionals. To engage with the community, the Trust offers symposia, study trips abroad, and other educational programs, while also publishing a magazine featuring current events, exhibitions, and research in the field. Additionally, the Dean Failey Fund offers financial assistance for research, exhibitions, and publications.
Official website here: www.decorativeartstrust.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
The Decorative Arts Trust has received a low rating of 54% from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. With a score of 0% for independent board members and several missing policies, including conflict of interest and whistleblower policies, the organization has transparency issues that may affect donor trust. However, it is noted that the organization has a solid program expense ratio of 86.75%, reflecting a strong commitment to funding its programs.
Despite its strengths in program expense allocation, the trust's governance structure raises red flags. The complete lack of independent board members and absence of necessary financial documentation suggest a need for improvement in oversight and compliance. Additionally, the missing tax form on its website further detracts from its credibility in the eyes of potential supporters.
Overall, while The Decorative Arts Trust appears to allocate a significant portion of its funds to programs, its governance and financial transparency issues warrant careful consideration for potential donors. Improving accountability measures and ensuring proper oversight could enhance the organization’s standing and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The Decorative Arts Trust legitimate?
The Decorative Arts Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Decorative Arts Trust 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: $440,046
For more financial information, click here
Official website here: www.decorativeartstrust.org
What is the mission statement of The Decorative Arts Trust?
The Decorative Arts Trust, a non-profit organization, is committed to promoting and fostering an appreciation and study of the decorative arts. They achieve this mission by exchanging information through domestic and international programming, collaborating with museums and preservation organizations, and underwriting internships, research grants, and scholarships for graduate students and young professionals. To support this mission, they offer a variety of educational programs such as symposia and study trips abroad, publish a magazine featuring current events, exhibitions, books, and research, and provide grants, scholarships, lectures, and internships through the Emerging Scholars Program. Furthermore, they offer financial assistance for research, exhibitions, and publications through the Dean Failey Fund.
Official website here: www.decorativeartstrust.org
What is the revenue of The Decorative Arts Trust?
The Decorative Arts Trust's revenue in 2023 was $3,574,655.
Official website here: www.decorativeartstrust.org
Who are the executives of The Decorative Arts Trust and what are their salaries?
The average compensation at The Decorative Arts Trust during 2023 was $88,009. There are 5 employees at The Decorative Arts Trust.
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Official website here: www.decorativeartstrust.org
Where can I find the form 990 for The Decorative Arts Trust?
The Decorative Arts Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.decorativeartstrust.org
Learn more at the official website: www.decorativeartstrust.org
Mission Statement of The Decorative Arts Trust
The Decorative Arts Trust, a non-profit organization, is committed to advancing and nurturing an appreciation for the decorative arts. To accomplish this mission, the Trust engages in various activities, including the dissemination of information through both domestic and international programming, collaborating with museums and preservation organizations, and sponsoring internships, research grants, and scholarships for young professionals and graduate students. To further support its objectives, the Trust provides a range of offerings, such as symposia, study trips abroad, and other educational programs, as well as publishing The Magazine of the Decorative Arts Trust, which features articles on current events, exhibitions, books, and new research. Additionally, the Trust offers financial aid for research, exhibitions, and publications through the Dean Failey Fund, and provides scholarships, lectures, and internships for aspiring scholars through the Emerging Scholars Program. In essence, the Decorative Arts Trust serves as a vital resource for the decorative arts community, fostering education, collaboration, and growth in the field.
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Impact
October, 2024
The Decorative Arts Trust significantly enhances the appreciation and study of the decorative arts through a wide array of programs and initiatives. It facilitates the exchange of information via domestic and international programming, allowing for cross-cultural dialogue and the sharing of best practices among scholars, enthusiasts, and institutions.
The Trust collaborates with museums and preservation organizations, strengthening networks that are essential for the support and promotion of decorative arts. This not only elevates the profile of decorative art forms but also encourages preservation efforts across communities.
Additionally, the organization actively invests in the future of the field by underwriting internships, research grants, and scholarships aimed at graduate students and young professionals through its Emerging Scholars Program. This initiative nurtures new talent and encourages in-depth research, ensuring the continuation and evolution of decorative arts scholarship.
The Decorative Arts Trust also provides a wealth of educational resources, including symposia, study trips abroad, and a magazine that disseminates knowledge on current events, exhibitions, and recent research. Financial assistance available through the Dean Failey Fund furthers initiatives focused on research, exhibitions, and publications, ensuring that significant work in the decorative arts can reach broader audiences.
Overall, the Trust’s multifaceted approach fosters a vibrant community dedicated to the decorative arts, enriching both cultural heritage and contemporary understanding of this important field.
This information is meant to be a general summary of The Decorative Arts Trust. 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 2023.
- Investment Income: $236,720
- Program Service Revenue: $2,801,529
- Gross Receipts: $3,574,655
Assets and Liabilities:
- Total Assets: $7,330,781
- Total Liabilities: $49,789
- Net Assets: $7,280,992
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL PROGRAMMS
Revenue
$2,442,494
MEMBER BENEFIRS
Revenue
$359,035
Organization Details
Founding Year
1977
Principal Officer
Matthew Thurlow
Website
www.decorativeartstrust.orgNTEE Category
Code: A030 - Arts
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