Overview
What is The American Friends Of Museums In Israel?
The American Friends of Museums in Israel is a nonprofit organization situated in New York City, specifically at 405 Lexington Avenue 7th FL 721, New York, NY 10174. Its primary mission is to support various museums in Israel. This support takes multiple forms, including exhibitions, programs, projects, and financial aid, which are made possible through the generosity of its donors. The organization acquires art through gifts or purchases and loans these pieces to its partner museums in Israel. With a small team of two employees, it strives to honor and promote its outstanding partner museums in Israel.
Official website here: www.museumsinisrael.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
The American Friends Of Museums In Israel has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization maintains an independent board with 100% of its members being independent, and it scores well in key financial metrics, including a low liabilities to assets ratio of 4.04% and a program expense ratio of 70.31%. These figures indicate efficient management of resources towards fulfilling its mission.
However, there are some areas for improvement. The organization lacks a whistleblower policy and a document retention and destruction policy, both of which are critical for transparency and governance. Additionally, the tax form is not posted on the nonprofit's website, which may hinder accessibility for potential donors seeking detailed financial information. Addressing these limitations could further enhance the organization's credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The American Friends Of Museums In Israel legitimate?
The American Friends Of Museums In Israel is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Friends Of Museums In Israel 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: $148,199
For more financial information, click here
Official website here: www.museumsinisrael.org
What is the mission statement of The American Friends Of Museums In Israel?
The American Friends of Museums in Israel's mission is to recognize, promote, and honor its outstanding partner museums in Israel. They achieve this by providing exhibition, program, project, and financial support to these museums, leveraging the generosity of its donors. The organization's primary objective is to acquire art and raise funds for the support of various museums in Israel. Additionally, The American Friends of Museums in Israel loans works of art it has received through gifts or purchases.
Official website here: www.museumsinisrael.org
Who is the CEO of The American Friends Of Museums In Israel?
David Genser is the Chairman, Treasurer of The American Friends Of Museums In Israel.
Official website here: www.museumsinisrael.org
What is the revenue of The American Friends Of Museums In Israel?
The American Friends Of Museums In Israel's revenue in 2022 was $823,003.
Official website here: www.museumsinisrael.org
Who are the executives of The American Friends Of Museums In Israel and what are their salaries?
The average compensation at The American Friends Of Museums In Israel during 2022 was $74,100. There are 2 employees and 10 volunteers at The American Friends Of Museums In Israel.
Here are 10 key members and their salaries:
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Official website here: www.museumsinisrael.org
Where can I find the form 990 for The American Friends Of Museums In Israel?
The American Friends Of Museums In Israel's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.museumsinisrael.org
Learn more at the official website: www.museumsinisrael.org
Mission Statement of The American Friends Of Museums In Israel
The American Friends of Museums in Israel is an organization with a mission to recognize, promote, and honor its outstanding partner museums in Israel. This is achieved through providing exhibition, program, project, and financial support, all made possible by the generosity of its donors. The American Friends of Museums in Israel recognizes the importance of these museums and seeks to aid them in their operations and growth. The organization acquires art and raises funds to support various museums in Israel, loaning works of art that it has received as gifts or purchases. The ultimate goal of The American Friends of Museums in Israel is to enhance the cultural landscape of Israel by strengthening and supporting its museums.
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Impact
October, 2024
The American Friends of Museums in Israel significantly enhances the cultural landscape of Israeli museums by recognizing, promoting, and honoring their contributions. Through its support, it facilitates exhibitions, programs, and projects that would otherwise lack resources. The organization acts as a crucial bridge, leveraging the generosity of its donors to provide vital financial backing.
By acquiring art and loaning it to various museums, it enriches collections and ensures that diverse artistic works are accessible to the public. This not only boosts the museums’ profiles but also fosters an appreciation of Israel's rich cultural heritage. As a result, the impact is profound, contributing to the vibrancy of Israel's museums and enhancing their capacity to engage and inspire visitors.
This information is meant to be a general summary of The American Friends Of Museums In Israel. 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: -$556,726
- Gross Receipts: $2,185,992
Assets and Liabilities:
- Total Assets: $493,085
- Total Liabilities: $19,968
- Net Assets: $473,117
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Organization Details
Founding Year
1974
Phone
(917) 970-8846Principal Officer
David Genser
Main Address
405 LEXINGTON AVENUE 7TH FL 721, NEW YORK, NY, 10174
Website
www.museumsinisrael.orgNTEE Category
Code: Q112 - International
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