Overview
What is Vernon Filley Art Museum Foundation?
The Vernon Filley Art Museum Foundation, located in Pratt, Kansas, serves as a vibrant cultural center and community gathering place. With a team of four dedicated individuals, the foundation's primary mission is to collect, preserve, and showcase a diverse range of art. They achieve this by hosting exhibitions featuring both their permanent collection and guest artists from around the world, spanning various mediums and styles. The foundation's objective is to educate and inspire the public, promoting art by diverse artists. By doing so, the Vernon Filley Art Museum Foundation enriches cultural life in Kansas, providing access to the arts through exhibits and educational programs, thereby contributing to the local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating
The Vernon Filley Art Museum Foundation currently holds a One-Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and performance. With an overall score of 54%, this rating reflects a troubling program expense ratio of 4.95%, suggesting that a very small portion of its resources is allocated to its actual programs.
On the positive side, the foundation demonstrates strong governance practices, including a 100% independent board composed of 15 members, along with comprehensive policies for conflict of interest, whistleblowing, and document retention. These factors contribute positively to its accountability score. However, the foundation's liabilities to assets ratio stands at an alarming 0.11%, highlighting potential financial instability.
In summary, while the Vernon Filley Art Museum Foundation displays commendable governance and accountability measures, its low program expense ratio and financial health concerns warrant caution for potential donors and stakeholders. The organization may need to address these financial challenges to improve its overall effectiveness and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Vernon Filley Art Museum Foundation legitimate?
Vernon Filley Art Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vernon Filley Art Museum Foundation 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: $67,347
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What is the mission statement of Vernon Filley Art Museum Foundation?
The Vernon Filley Art Museum Foundation serves as a cultural center and a community gathering place, dedicating its efforts to the collection, preservation, and exhibition of art. Its mission is to enrich cultural life by providing access to the arts through exhibits and education, thereby promoting understanding and appreciation of various mediums and styles. The museum hosts diverse exhibitions, showcasing both its permanent collection and works from regional to international guest artists, thereby educating the public on the vast realm of art.
Who is the CEO of Vernon Filley Art Museum Foundation?
Paul Olson is the President of Vernon Filley Art Museum Foundation.
What is the revenue of Vernon Filley Art Museum Foundation?
Vernon Filley Art Museum Foundation's revenue in 2023 was $201,704.
Who are the executives of Vernon Filley Art Museum Foundation and what are their salaries?
The average compensation at Vernon Filley Art Museum Foundation during 2023 was $16,837. There are 4 employees and 20 volunteers at Vernon Filley Art Museum Foundation.
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Where can I find the form 990 for Vernon Filley Art Museum Foundation?
Vernon Filley Art Museum Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Vernon Filley Art Museum Foundation
The Vernon Filley Art Museum Foundation serves as a cultural center and a community gathering place, dedicated to the collection, preservation, and exhibition of art. Its mission is to enrich cultural life in Kansas by granting public access to various art forms and styles through exhibitions and education. The museum showcases a diverse range of exhibitions, featuring both its permanent collection and works by guest artists from around the world, thereby educating and engaging the public in the different mediums and styles of art. Additionally, the foundation promotes and showcases artworks by diverse artists, thereby contributing to the artistic community and broadening the public's exposure to a variety of artistic perspectives.
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Impact
October, 2024
The Vernon Filley Art Museum Foundation significantly enriches the cultural landscape of Kansas by serving as a vital center for art appreciation and community engagement. It collects, preserves, and exhibits a diverse range of artworks, enhancing the cultural life in the region. Through a rotating schedule of exhibitions, the museum showcases its permanent collection alongside works from regional to international guest artists, offering valuable educational opportunities about various artistic mediums and styles.
By providing a platform for diverse artists and facilitating community gatherings, the museum fosters a deeper understanding and appreciation of the arts among visitors. Its commitment to accessibility ensures that individuals of all backgrounds can experience and engage with art, making cultural experiences available to the entire community. Ultimately, the Vernon Filley Art Museum Foundation acts as a catalyst for cultural dialogue and artistic exploration, helping to cultivate a vibrant community centered around the arts.
This information is meant to be a general summary of Vernon Filley Art Museum Foundation. 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 2023.
- Program Service Revenue: $6,209
- Gross Receipts: $204,440
Assets and Liabilities:
- Total Assets: $1,731,236
- Total Liabilities: $1,925
- Net Assets: $1,729,311
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EXHIBITS
ART CLASSES
Revenue
$6,209
Organization Details
Founding Year
2007
Principal Officer
Paul Olson
Main Address
PO BOX 443, PRATT, KS, 67124
NTEE Category
Code: A500 - Arts
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