Overview
What is Virginia Museum Of Contemporary Art?
The Virginia Museum of Contemporary Art (Virginia MOCA) is a non-collecting, American Alliance of Museums-accredited institution located in Virginia Beach, Virginia. With a staff of 47 individuals, the museum's primary mission is to cultivate awareness, exploration, and understanding of contemporary art. It achieves this through four primary activities: gallery exhibitions, studio art classes, educational programs, and the Boardwalk Art Show. The nonprofit museum strives to present locally and nationally relevant contemporary art, removing financial barriers by offering free exhibition admission. In 2022, the museum attracted an impressive 17,000 visitors, marking a significant milestone. The Virginia MOCA's diverse regional audience engages with the dynamic and engaging language of contemporary visual art, making it an integral part of the cultural landscape in the area.
Official website here: www.virginiamoca.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
The Virginia Museum Of Contemporary Art has earned a high rating of 91% from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score for having a fully independent board and effective oversight measures, the organization demonstrates a commitment to transparency and ethical governance. The solid financial management indicates that the museum is capable of effectively utilizing its resources to support its mission.
Strengths highlighted in the evaluation include the museum's excellent program expense ratio of 75.16%, indicating that a significant portion of its budget is directed towards its programs rather than administrative costs. Additionally, the fundraising efficiency ratio shows that the organization is effective in raising funds, with only $0.13 spent to raise each dollar. This efficiency can contribute positively to the museum's ability to sustain its operations and initiatives.
However, while the museum shows strength in many areas, its working capital ratio of 0.75 years suggests some potential liquidity concerns, indicating that it may not have a robust buffer for unexpected financial challenges. Overall, the Virginia Museum Of Contemporary Art is well-regarded for its financial health and governance, with minor areas for improvement noted in liquidity management.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Virginia Museum Of Contemporary Art?
90% of 659 reviewers on Facebook recommend the Virginia Museum of Contemporary Art. Here is a summary of their reviews:
Visitors are impressed by the museum's creative and diverse artwork, highlighting the fantastic exhibits that capture their attention. Many express admiration for the innovative artistic expressions showcased, fostering an appreciation for contemporary art.
Overall, the positive sentiment reflects enthusiasm for the museum's offerings, suggesting it effectively delivers a valuable cultural experience for attendees.
This AI summary has been generated from reviews found on Facebook.
Is Virginia Museum Of Contemporary Art legitimate?
Virginia Museum Of Contemporary Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Museum Of Contemporary Art 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: $165,076
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,270,200
For more financial information, click here
Official website here: www.virginiamoca.org
What is the mission statement of Virginia Museum Of Contemporary Art?
The Virginia Museum of Contemporary Art (Virginia MOCA) serves as a non-profit institution, accredited by the American Alliance of Museums. Its primary objective is to promote awareness, exploration, and understanding of significant contemporary art. Virginia MOCA achieves this goal through its integration of four key activities: gallery exhibitions, studio art classes, educational programs, and the Boardwalk Art Show. This integration engages a diverse regional public in the vibrant and dynamic language of contemporary visual art. With an annual attendance exceeding 300,000, including the renowned Annual Boardwalk Art Show, Virginia MOCA plays a significant role in engaging and educating its public about contemporary art.
Official website here: www.virginiamoca.org
Who is the CEO of Virginia Museum Of Contemporary Art?
Nicole Naidyhorski is the Executive Di of Virginia Museum Of Contemporary Art.
Official website here: www.virginiamoca.org
What is the revenue of Virginia Museum Of Contemporary Art?
Virginia Museum Of Contemporary Art's revenue in 2022 was $3,254,466.
Official website here: www.virginiamoca.org
Who are the executives of Virginia Museum Of Contemporary Art and what are their salaries?
The average compensation at Virginia Museum Of Contemporary Art during 2022 was $30,538. There are 47 employees and 200 volunteers at Virginia Museum Of Contemporary Art.
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Official website here: www.virginiamoca.org
Where can I find the form 990 for Virginia Museum Of Contemporary Art?
Virginia Museum Of Contemporary Art's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.virginiamoca.org
Learn more at the official website: www.virginiamoca.org
Mission Statement of Virginia Museum Of Contemporary Art
The Virginia Museum of Contemporary Art, recognized as a non-profit institution, is dedicated to fostering awareness, exploration, and understanding of significant art from our time. Accredited by the American Alliance of Museums, this esteemed organization integrates its primary activities, including gallery exhibitions, studio art classes, educational programs, and the renowned Boardwalk Art Show, to engage a diverse regional public in the rich and dynamic language of contemporary visual art. With an annual attendance exceeding 300,000 across all events, the Virginia Museum of Contemporary Art successfully serves as a platform for showcasing and promoting contemporary art.
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Impact
October, 2024
The Virginia Museum of Contemporary Art (Virginia MOCA) plays a significant role in enhancing the cultural landscape of Virginia Beach and the surrounding regions. Through a diverse range of activities, it fosters awareness, exploration, and understanding of significant contemporary art. By hosting approximately 20 exhibitions per year in its four primary exhibition spaces, Virginia MOCA showcases exceptional works that engage with both local and national themes.
A notable aspect of its impact is the museum's commitment to accessibility, as evidenced by its free admission to exhibitions, which welcomed a record 17,000 attendees in 2022. This openness allows a broader audience to experience and interact with contemporary art, bridging gaps and removing barriers to cultural engagement.
In addition to gallery exhibitions, Virginia MOCA enriches the community through studio art classes and educational programs designed to inspire creativity and learning. Its annual Boardwalk Art Show is a hallmark event, drawing in over 300,000 attendees each year and further solidifying the museum's role as a hub for artistic expression and community connection.
Overall, Virginia MOCA serves as a vital institution that not only promotes contemporary visual art but also nurtures a shared human experience, encouraging dialogue and understanding among a diverse public.
This information is meant to be a general summary of Virginia Museum Of Contemporary Art. 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: $4,995
- Program Service Revenue: $183,852
- Gross Receipts: $3,484,314
Assets and Liabilities:
- Total Assets: $2,164,198
- Total Liabilities: $382,381
- Net Assets: $1,781,817
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE EVENTS
Revenue
$155,165
EDUCATIONAL FEES
Revenue
$27,487
EXHIBITION ADMISSION
Revenue
$1,200
Organization Details
Founding Year
1952
Phone
(757) 425-0000Principal Officer
Nicole Naidyhorski
Main Address
2200 PARKS AVENUE, VIRGINIA BEACH, VA, 23451
Website
www.virginiamoca.orgNTEE Category
Code: A400 - Arts
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