Overview
What is Foundation For The Reading Public Museum?
The Foundation for the Reading Public Museum, based in Reading, Pennsylvania, is a vibrant center for lifelong learning, dedicated to educating, enlightening, and engaging current and future generations. This nonprofit organization achieves its mission by preserving and showcasing objects of art, science, and civilization. In 2022, the museum and its planetarium welcomed a significant number of visitors, with general admissions reaching 50,479 and 11,295 for the planetarium alone. The museum also provided tours to various groups, with 10,489 museum tours and 10,271 planetarium tours conducted. To support schools and cover tour costs, the museum offers the "Feed Their Imagination" funding program, which underwrote approximately 41% of tours in 2022. The arboretum and sculpture garden, maintained by the museum, attract an annual visitor count exceeding 120,000, serving as a valuable community resource at no cost to the public. The museum presents temporary exhibitions, both from external institutions and its own collection, and loans individual works of art to other museums around the world, expanding its reach beyond the Berks County community. In 2022, three touring exhibitions were rented and displayed in museums located in Annapolis, Quincy, and Harrisburg, involving a total of 118 different works of art.
Official website here: www.readingpublicmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
The Foundation For The Reading Public Museum has received a Four-Star out of Four Star rating from Charity Navigator, indicating exemplary performance in accountability and finance. The organization excels in various metrics, including having a fully independent board and a strong audit and oversight committee, highlighting its commitment to transparency and governance.
With an impressive program expense ratio of 83.22%, the foundation demonstrates effective allocation of resources towards its mission. Additionally, its fundraising efficiency is notably high, with only $0.07 spent to raise a dollar, showcasing strong financial health and operational effectiveness.
However, while the financial indicators are very positive, the summary does not disclose specific details about programmatic outcomes or community impact, which are also important factors for assessing the overall effectiveness of a nonprofit organization. Nonetheless, the foundation's strong financial practices provide a solid foundation for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For The Reading Public Museum legitimate?
Foundation For The Reading Public Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For The Reading Public Museum 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: $212,075
Professional Fundraising Fees: $0
Other Salaries and Wages: $941,830
For more financial information, click here
Official website here: www.readingpublicmuseum.org
What is the mission statement of Foundation For The Reading Public Museum?
The Foundation for the Reading Public Museum's mission is to educate individuals through the collection and preservation of objects related to art, science, and civilization. This dynamic learning center aims to educate, enlighten, and engage both current and future generations by interpreting these objects. The museum offers guided tours for various age groups, subsidized through the "Feed Their Imagination" funding program, to ensure accessibility for everyone in the community. In 2022, around 41% of tours were partially or fully funded by this program. The museum also hosts temporary exhibits from external institutions and features permanent collections, including a 2,000-year-old mummified person. Additionally, the museum loans its exhibits and artwork to other museums worldwide, extending its educational mission beyond its immediate community.
Official website here: www.readingpublicmuseum.org
Who is the CEO of Foundation For The Reading Public Museum?
Anna Weitz is the Director & Ceo (Thru April) of Foundation For The Reading Public Museum. The CEO's salary of Foundation For The Reading Public Museum is $87,438 and their total compensation is $90,964.
Official website here: www.readingpublicmuseum.org
What is the revenue of Foundation For The Reading Public Museum?
Foundation For The Reading Public Museum's revenue in 2022 was $2,967,005.
Official website here: www.readingpublicmuseum.org
Who are the executives of Foundation For The Reading Public Museum and what are their salaries?
The average compensation at Foundation For The Reading Public Museum during 2022 was $25,085. There are 46 employees and 147 volunteers at Foundation For The Reading Public Museum.
Here are 19 key members and their salaries (Foundation For The Reading Public Museum's CEO's salary is $87,438 and their total compensation is $90,964):
- Compensation: $87,438
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- Compensation: $121,058
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- Other: $55
Official website here: www.readingpublicmuseum.org
Where can I find the form 990 for Foundation For The Reading Public Museum?
Foundation For The Reading Public Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.readingpublicmuseum.org
Learn more at the official website: www.readingpublicmuseum.org
Mission Statement of Foundation For The Reading Public Museum
The Foundation for the Reading Public Museum, a dynamic center for lifelong learning, is committed to educating, enlightening, and engaging current and future generations. This nonprofit organization fulfills its mission by collecting, preserving, and interpreting objects of art, science, and civilization. The Museum serves as a platform for learning, offering tours to various groups, from pre-K to seniors, tailored to their educational needs. The tours are conducted by professionally trained museum personnel, and the Foundation provides funding through its "Feed Their Imagination" program to assist schools in covering tour-related expenses. This initiative ensures that the Museum's education and collection remain accessible to everyone in the community, enabling students who may not otherwise have the opportunity to visit. In 2022, around 41% of tours were partially or fully underwritten by the Museum's "Feed Their Imagination" fund.
Throughout the year, the Museum presents temporary and special exhibits, showcasing both its permanent collection and external institutions' exhibits, catering to a wide range of topics and audiences. In 2022, the Museum presented nine temporary exhibitions, including five from external sources and four curated from its collection. The Museum also acquires new works of art through gifts and purchases, continually expanding its permanent collection. Additionally, an increasing number of objects from the collection are made accessible to the public via eMuseum, with several hundred more added in 2022. The Museum also lends its exhibitions to other museums worldwide, allowing it to expand its mission beyond the immediate Berks County community. In 2022, three touring exhibitions were rented and displayed in museums located in Annapolis, MD; Quincy, FL; and Harrisburg, PA. This rental of exhibitions and individual works of art provides the Museum with the opportunity to share its mission beyond its local community.
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Impact
October, 2024
The Foundation for the Reading Public Museum significantly enriches the community through its commitment to education and cultural preservation. In 2022, the museum welcomed over 82,500 guests, marking a notable increase in general admissions and tour activities. Customized tours are designed to cater to diverse educational needs, reaching from pre-K to seniors and facilitated by trained museum personnel.
A key initiative is the "Feed Their Imagination" (FTI) program, which aids schools by covering costs for tours, making these educational experiences accessible to many who might otherwise lack the opportunity. In 2022, approximately 41% of tours were funded in part or entirely through this program.
The museum’s permanent galleries showcase unique items, including a 2,000-year-old mummified individual, while special and temporary exhibitions enrich patron experiences with diverse perspectives on art and science. In 2022, nine temporary exhibitions enhanced the museum's offerings, featuring both external partnerships and items from its expanding permanent collection.
Additionally, the museum's arboretum and sculpture garden serve as valuable community resources, drawing over 120,000 visitors annually, all at no cost. The Foundation's efforts extend beyond the local community as the museum shares its exhibitions with institutions across the country.
Through these numerous programs and initiatives, the Foundation for the Reading Public Museum plays a key role in fostering a vibrant, educated community and promoting a lifelong love of learning.
This information is meant to be a general summary of Foundation For The Reading Public Museum. 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: $133,113
- Program Service Revenue: $971,430
- Gross Receipts: $4,114,486
Assets and Liabilities:
- Total Assets: $13,176,639
- Total Liabilities: $519,168
- Net Assets: $12,657,471
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$348,739
FACILITY RENTALS
Revenue
$291,473
MEMBERSHIP DUES
Revenue
$191,127
SPECIAL PROGRAMMING
Revenue
$92,091
TRAVELING EXHIBITS
Revenue
$48,000
Organization Details
Founding Year
1984
Phone
(610) 371-5850Principal Officer
Anna Weitz
Main Address
500 MUSEUM ROAD, READING, PA, 196111425
Website
www.readingpublicmuseum.orgNTEE Category
Code: A50 - Arts
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