Overview
What is Belmont Mansion Association?
Belmont Mansion Association is a dedicated nonprofit organization situated in Nashville, Tennessee, with a postal address of 1900 Belmont Boulevard. Their primary mission is to restore, preserve, and foster an appreciation for the historic Belmont Mansion, which serves as a significant cultural landmark reflecting Nashville's rich history. The association carries out this mission by conducting restoration work on various parts of the mansion, such as the Grand Salon, Billiards Room, and Exhibit Gallery. Beyond restoration, Belmont Mansion Association also offers the venue for wedding events and receptions, allowing third parties to rent the space. With a staff of 40 individuals, the organization is committed to preserving and sharing this unique piece of Nashville's heritage.
Official website here: www.belmontmansion.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star rating.
The Belmont Mansion Association has demonstrated a strong commitment to accountability and financial transparency, as evidenced by its 95% score in this category. The organization boasts a fully independent board, which enhances its governance structure and supports effective decision-making. Financial oversight is robust, with well-audited statements and no reported material diversion of assets.
With a program expense ratio of 69.26%, the Association allocates a significant portion of its budget directly towards its programs, reflecting a dedication to its mission. However, it is important to note that the rating is primarily based on financial metrics, which may not capture the full scope of the organization's impact or community engagement. Overall, the Belmont Mansion Association appears to maintain high standards of operational effectiveness and fiscal responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Belmont Mansion Association legitimate?
Belmont Mansion Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Belmont Mansion Association 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: $120,756
Professional Fundraising Fees: $0
Other Salaries and Wages: $233,091
For more financial information, click here
Official website here: www.belmontmansion.com
What is the mission statement of Belmont Mansion Association?
The Belmont Mansion Association's mission is centered around restoring, preserving, and fostering an appreciation for Belmont Mansion. Serving as a distinctive cultural landmark, the Belmont Mansion embodies Nashville's rich history. The association's primary goal is to restore and preserve the mansion's grandeur, focusing on areas such as the Grand Salon, Billiards Room, and Exhibit Gallery. Beyond restoration, the association also aims to inspire a deeper understanding and appreciation for the mansion's historical significance. To achieve this, the Belmont Mansion Association occasionally rents out the mansion for wedding events and receptions to third parties, thus generating interest and support for the preservation of this valuable cultural asset.
Official website here: www.belmontmansion.com
Who is the CEO of Belmont Mansion Association?
Mark Brown is the Executive Di of Belmont Mansion Association.
Official website here: www.belmontmansion.com
What is the revenue of Belmont Mansion Association?
Belmont Mansion Association's revenue in 2022 was $640,025.
Official website here: www.belmontmansion.com
Who are the executives of Belmont Mansion Association and what are their salaries?
The average compensation at Belmont Mansion Association during 2022 was $8,846. There are 40 employees and 25 volunteers at Belmont Mansion Association.
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Official website here: www.belmontmansion.com
Where can I find the form 990 for Belmont Mansion Association?
Belmont Mansion Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.belmontmansion.com
Learn more at the official website: www.belmontmansion.com
Mission Statement of Belmont Mansion Association
The Belmont Mansion Association is dedicated to restoring, preserving, and inspiring an appreciation for Belmont Mansion. This prestigious nonprofit organization sees Belmont Mansion as a distinctive cultural landmark, embodying Nashville's rich history. The association's mission is multifaceted, aiming to not only restore the majestic mansion but also preserve its historical significance for future generations. Through their restoration efforts, they focus on iconic spaces such as the Grand Salon, Billiards Room, and Exhibit Gallery.
In addition to restoration work, the Belmont Mansion Association plays an active role in showcasing the heritage of the mansion. They rent out the exquisite property for wedding events and receptions, allowing third parties to experience the charm and elegance of the historic site. By doing so, the organization not only generates revenue for preservation efforts but also shares the unique story of Belmont Mansion with a wider audience, fostering a deeper appreciation for Nashville's past. Overall, the Belmont Mansion Association is a vital player in preserving and promoting the cultural heritage of Nashville, ensuring that future generations will continue to be inspired by the city's rich history.
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Impact
July, 2024
Belmont Mansion Association's impact lies in its dedicated efforts to restore and preserve Belmont Mansion, a unique cultural landmark and embodiment of Nashville's rich history. Through ongoing restoration work on areas such as the grand salon, billiards room, and exhibit gallery, the association ensures that this historical treasure is maintained for future generations to appreciate. Additionally, by renting out the mansion for wedding events and receptions, the association not only generates income but also raises awareness about the historical significance of the property. Overall, the Belmont Mansion Association plays a crucial role in promoting the arts and preserving Nashville's heritage through its work with Belmont Mansion.
This information is meant to be a general summary of Belmont Mansion Association. 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: $264
- Program Service Revenue: $415,445
- Gross Receipts: $849,526
Assets and Liabilities:
- Total Assets: $532,642
- Total Liabilities: $69,600
- Net Assets: $463,042
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$415,445
Organization Details
Founding Year
1973
Phone
(615) 460-5459Principal Officer
Mark Brown
Main Address
1900 BELMONT BOULEVARD, NASHVILLE, TN, 37212
Website
www.belmontmansion.comNTEE Category
Code: A80 - Arts
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