Overview
What is Wakefield Museum Association Inc?
Wakefield Museum Association Inc is a nonprofit organization committed to preserving and showcasing the history of the Wakefield community. Their primary role involves serving as a custodian, collecting and exhibiting memorabilia, and archiving genealogical records of its founders and residents, past and present. This is accomplished through the operation of the Wakefield Museum, offering a glimpse into the community's heritage and providing a platform for its residents to connect with their past.
Official website here: www.wakefieldmuseum.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Wakefield Museum Association Inc has received a 76% score from Charity Navigator, indicating a solid performance in accountability and finance. This rating reflects a commitment to transparency and effective management, highlighted by a perfect score for independent board membership and financial ratios. The organization shows no material diversion of assets, reinforcing its financial integrity.
Despite its strengths, the organization has some areas needing improvement. Specifically, it lacks certain key policies, such as a conflict of interest policy and a whistleblower policy, which could enhance its governance and accountability practices. These missing elements may raise concerns among potential donors regarding risk management and organizational oversight.
Overall, the Wakefield Museum Association Inc demonstrates strong program expenses, utilizing 99.40% of its resources effectively towards its mission. While its financial health appears robust, addressing governance policy gaps could further elevate its standing and assure supporters of its commitment to ethical practices.
This AI summary has been generated from information found on Charity Navigator.
Is Wakefield Museum Association Inc legitimate?
Wakefield Museum Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wakefield Museum Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $900
For more financial information, click here
Official website here: www.wakefieldmuseum.com
What is the mission statement of Wakefield Museum Association Inc?
The Wakefield Museum Association Inc. serves as a guardian, gathering and showcasing memorabilia, as well as preserving genealogical records, of the community's founding members, past, and present residents. Their primary mission involves operating the Wakefield Museum, which serves as a platform to exhibit these collected items and historical records. The association aims to foster an appreciation for the community's heritage and history, thereby contributing to a deeper understanding and connection with its past.
Official website here: www.wakefieldmuseum.com
What is the revenue of Wakefield Museum Association Inc?
Wakefield Museum Association Inc's revenue in 2024 was $69,765.
Official website here: www.wakefieldmuseum.com
Who are the executives of Wakefield Museum Association Inc and what are their salaries?
The average compensation at Wakefield Museum Association Inc during 2024 was $900. There is 1 employee and 21 volunteers at Wakefield Museum Association Inc.
Here are 6 key members and their salaries:
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Official website here: www.wakefieldmuseum.com
Where can I find the form 990 for Wakefield Museum Association Inc?
Wakefield Museum Association Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.wakefieldmuseum.com
Learn more at the official website: www.wakefieldmuseum.com
Mission Statement of Wakefield Museum Association Inc
The Wakefield Museum Association Inc, in its mission, serves as the guardian and preserver of historical memorabilia and genealogical records pertaining to the founders and residents of the Wakefield community. Their primary objective is to operate the Wakefield Museum, where these collections are displayed and archived. By doing so, the association aims to celebrate and honor the past and present inhabitants of this community, providing a platform for their stories and heritage to be shared and appreciated.
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Impact
August, 2024
The Wakefield Museum Association Inc's impact is seen through its dedicated work in serving as the custodian of the community's history, collecting and displaying memorabilia, and archiving genealogical records. By operating the Wakefield Museum, they preserve the heritage of the founders and past and present residents of Wakefield, Kansas. This effort ensures that the rich history and stories of the community are documented and celebrated for future generations.
This information is meant to be a general summary of Wakefield Museum Association 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 2024.
- Investment Income: $7,946
- Program Service Revenue: $1,255
- Gross Receipts: $69,765
Assets and Liabilities:
- Total Assets: $598,461
- Total Liabilities: $54
- Net Assets: $598,407
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSMENTS
Revenue
$1,255
Organization Details
Founding Year
1974
Principal Officer
Joy Shandy
Website
www.wakefieldmuseum.comNTEE Category
Code: Z99 - Unknown
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