Overview
What is National Music Museum (Americas Shrine To Music)?
The National Music Museum, affectionately known as "Americas Shrine To Music," is a distinguished nonprofit institution situated in Vermillion, South Dakota. With a team of seven dedicated individuals, this organization's primary mission is to preserve, acquire, and conserve a vast array of musical instruments from various cultural backgrounds. By acting as a hub for these world-class instruments, the museum seeks to foster a sense of unity and mutual understanding among individuals, encouraging them to explore and appreciate the richness of our diverse musical heritage. Through educational programs and exhibitions, the National Music Museum serves as a valuable resource for the people of South Dakota and beyond, nurturing a shared passion for music that transcends borders.
Official website here: www.nmmusd.org
What are the reviews and ratings of this charity?
77% - Three-Star out of Four Star Rating
The National Music Museum has achieved a 77% rating from Charity Navigator, indicating a solid level of accountability and finance management. This rating reflects the organization's strengths in areas such as having a fully independent board, sound financial oversight, and the absence of any material diversion of assets, showcasing a commitment to responsible governance.
Despite these strengths, the organization does have some areas of concern, particularly in its program expense ratio, which stands at 57.95%. While this demonstrates that the museum allocates more than half of its budget to programs, it falls short of the ideal range, which may affect overall program effectiveness and sustainability. Additionally, the absence of a whistleblower policy is noted as a limitation in their governance practices.
Overall, the National Music Museum is recognized for its financial transparency and good governance, but it faces challenges in optimizing its program expenses and implementing certain governance policies. Continued improvements in these areas could enhance its overall impact and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about National Music Museum (Americas Shrine To Music)?
94% of 425 reviewers on Facebook recommend the National Music Museum. Here is a summary of their reviews:
Many visitors express their enthusiasm for the exhibits and the overall experience, highlighting the museum's unique collection of instruments. While some are disappointed about the museum being closed for three years due to an expansion, they are optimistic about the enhanced offerings that will come with the renovation. The anticipation for even more displayed instruments is notable among patrons.
Overall, the sentiment is very positive, with patrons eager to return and explore the museum once it reopens, reflecting a strong appreciation for what the National Music Museum has to offer.
This AI summary has been generated from reviews found on Facebook.
Is National Music Museum (Americas Shrine To Music) legitimate?
National Music Museum (Americas Shrine To Music) is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Music Museum (Americas Shrine To Music) 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: $833,079
For more financial information, click here
Official website here: www.nmmusd.org
What is the mission statement of National Music Museum (Americas Shrine To Music)?
The National Music Museum, often referred to as Americas Shrine To Music, serves as a focal point for the collection, preservation, and appreciation of musical instruments from various cultures worldwide. Its primary mission is to bring people together, fostering a setting where individuals can study, savor, and comprehend the richness and diversity of global musical heritage. By acting as an international center, the museum encourages exploration, enjoyment, and understanding of our musical past and present. Its activities encompass the acquisition, conservation, and exhibition of world-class musical instruments.
Official website here: www.nmmusd.org
Who is the CEO of National Music Museum (Americas Shrine To Music)?
Scott Lawrence is the Ex Officio Member of National Music Museum (Americas Shrine To Music).
Official website here: www.nmmusd.org
What is the revenue of National Music Museum (Americas Shrine To Music)?
National Music Museum (Americas Shrine To Music)'s revenue in 2022 was $3,706,421.
Official website here: www.nmmusd.org
Who are the executives of National Music Museum (Americas Shrine To Music) and what are their salaries?
The average compensation at National Music Museum (Americas Shrine To Music) during 2022 was $119,011. There are 7 employees at National Music Museum (Americas Shrine To Music).
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Official website here: www.nmmusd.org
Where can I find the form 990 for National Music Museum (Americas Shrine To Music)?
National Music Museum (Americas Shrine To Music)'s most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nmmusd.org
Learn more at the official website: www.nmmusd.org
Mission Statement of National Music Museum (Americas Shrine To Music)
The National Music Museum, often referred to as Americas Shrine To Music, serves as a significant hub for the people of the nation, with a primary focus on South Dakota. Its mission is multifaceted and crucial, acting as an international center for the collection, conservation, and preservation of musical instruments from various cultures worldwide. This institution's primary objective is to bring people together, fostering an environment where individuals can study, appreciate, and gain a deeper understanding of the rich and diverse musical heritage that the world has to offer. By doing so, the National Music Museum plays a pivotal role in promoting unity and cultural exchange through the universal language of music.
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Impact
October, 2024
The National Music Museum (Americas Shrine To Music) plays a vital role in preserving and promoting the rich tapestry of musical heritage across cultures. Located in Vermillion, South Dakota, it serves as an international center for the collection and conservation of musical instruments, providing a unique resource for individuals and communities to explore and appreciate the diverse history of music.
Through its efforts in acquisition, conservation, education, and exhibition, the museum not only safeguards world-class musical instruments but also fosters an environment where people of all backgrounds can come together to study and enjoy music. This inclusive approach enhances cultural understanding and appreciation, making the museum a critical hub for both local visitors and those from around the nation. By bridging the gap between history and contemporary musical expression, the National Music Museum significantly impacts the cultural landscape, encouraging a deeper connection to our global musical heritage.
This information is meant to be a general summary of National Music Museum (Americas Shrine To Music). 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: $205,018
- Program Service Revenue: $10,000
- Gross Receipts: $3,721,207
Assets and Liabilities:
- Total Assets: $15,649,509
- Total Liabilities: $6,956,027
- Net Assets: $8,693,482
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER REVENUE
Revenue
$10,000
Organization Details
Founding Year
1973
Phone
(605) 677-5306Principal Officer
Scott Lawrence
Main Address
414 EAST CLARK, VERMILLION, SD, 57069
Website
www.nmmusd.orgNTEE Category
Code: A540 - Arts
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