Overview
What is Bruce Museum Inc?
The Bruce Museum Inc, located at One Museum Drive in Greenwich, Connecticut (06830), is a nonprofit organization that provided a diverse community with art and science exhibitions during the 2021-2022 period. The museum's offerings showcased world-class art, objects, and artifacts, catering to the needs and interests of its visitors and the local community. With a team of 50 employees, The Bruce Museum's exhibitions and educational programs aim to enrich lives by advancing the understanding of art and science.
Official website here: www.brucemuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
The Bruce Museum Inc has achieved a commendable 95% rating from Charity Navigator, reflecting its strong accountability and financial health. The organization stands out for having a completely independent board, which enhances its governance and operational integrity. Additionally, it has demonstrated effective oversight through a well-maintained audit and oversight committee.
Financially, the museum showcases impressive metrics, including a program expense ratio of 66.48%, indicating that a significant portion of its expenditures directly supports its programs. Furthermore, the fundraising efficiency ratio of $0.07 exemplifies prudent financial management, ensuring that the majority of contributions are allocated towards mission-related activities rather than administrative costs.
While the museum exhibits numerous strengths, it is essential for potential donors and stakeholders to remain aware of the broader context in which it operates. Continuous monitoring of financial performance and governance practices will be vital to maintaining its high standards and fulfilling its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Bruce Museum Inc legitimate?
Bruce Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bruce Museum 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: $371,206
Professional Fundraising Fees: $110,000
Other Salaries and Wages: $2,136,396
For more financial information, click here
Official website here: www.brucemuseum.org
What is the mission statement of Bruce Museum Inc?
The Bruce Museum's exhibitions and educational programs aim to enhance the public's comprehension of art and science. The museum's mission is to enrich lives by advancing the understanding of these subjects through engaging and informative displays. In the 2021-2022 period, the Bruce Museum showcased a variety of exhibitions that catered to diverse audiences. These exhibitions showcased world-class art, objects, and artifacts that addressed the interests and needs of visitors. Each exhibition offered unique insights, broadening the horizons of those who attended.
Official website here: www.brucemuseum.org
Who is the CEO of Bruce Museum Inc?
Robert P Wolterstorff is the Chairman Of Board of Bruce Museum Inc. The CEO's salary of Bruce Museum Inc is $125,000 and their total compensation is $125,000.
Official website here: www.brucemuseum.org
What is the revenue of Bruce Museum Inc?
Bruce Museum Inc's revenue in 2022 was $14,130,265.
Official website here: www.brucemuseum.org
Who are the executives of Bruce Museum Inc and what are their salaries?
The average compensation at Bruce Museum Inc during 2022 was $50,152. There are 50 employees and 156 volunteers at Bruce Museum Inc.
Here are 50 key members and their salaries (Bruce Museum Inc's CEO's salary is $125,000 and their total compensation is $125,000):
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Official website here: www.brucemuseum.org
Where can I find the form 990 for Bruce Museum Inc?
Bruce Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brucemuseum.org
Learn more at the official website: www.brucemuseum.org
Mission Statement of Bruce Museum Inc
The Bruce Museum, a renowned institution, is dedicated to enriching lives through the presentation of art and science exhibitions and educational programs. By showcasing world-class art, objects, and artifacts, the Museum caters to the interests and needs of its diverse audience. The Bruce Museum's initiatives advance the understanding of art and science, providing valuable learning experiences for all.
In 2021-2022, the Bruce Museum offered an array of exhibitions that attracted and engaged visitors from the community. Each display featured captivating pieces that reflected the Museum's commitment to fostering curiosity and knowledge. The exhibitions not only provided visual stimulation but also served as a platform for exploration and discovery, offering opportunities for visitors to broaden their horizons and deepen their understanding of various artistic and scientific themes.
The Bruce Museum's educational programs further complemented its exhibitions, ensuring a holistic learning experience. These initiatives catered to the needs and interests of visitors, providing them with opportunities to engage in interactive activities and workshops that enriched their connection to the art and science on display. Through these programs, the Museum fostered a sense of community and encouraged the exchange of ideas and perspectives, making the Bruce Museum an invaluable resource for those seeking to expand their knowledge and appreciation for art and science.
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Impact
October, 2024
Bruce Museum Inc significantly enhances the understanding and appreciation of art and science within the community. Through a diverse array of exhibitions and educational programs, it effectively engages a broad audience, offering access to world-class art, objects, and artifacts. By focusing on the needs and interests of the community in Greenwich, CT, the museum provides enriching experiences that foster learning and cultural enrichment. The impactful offerings during 2021-2022 exemplify the museum’s commitment to creating accessible educational opportunities, thereby supporting a greater appreciation of both art and science among its visitors.
This information is meant to be a general summary of Bruce Museum 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: $1,756,347
- Program Service Revenue: $114,915
- Gross Receipts: $25,170,483
Assets and Liabilities:
- Total Assets: $87,479,834
- Total Liabilities: $10,456,981
- Net Assets: $77,022,853
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$51,880
MEMBERSHIP DUES
Revenue
$35,840
WORKSHOP/PROGRAM FEES
Revenue
$27,195
Organization Details
Founding Year
1970
Phone
(203) 869-0376Principal Officer
Robert P Wolterstorff
Main Address
ONE MUSEUM DRIVE, GREENWICH, CT, 06830
Website
www.brucemuseum.orgNTEE Category
Code: A500 - Arts
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