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The Gilcrease Museum Management Trust

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Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262205415 ✦ Tulsa, OK ✦ Designated as a 501(c)(3)

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Overview

What is The Gilcrease Museum Management Trust?

The Gilcrease Museum Management Trust, based at 800 South Tucker Drive, Tulsa, Oklahoma, 74104, is a dedicated nonprofit organization with a mission to manage and curate the collections and exhibits of The Gilcrease Museum. Their primary focus is to explore and showcase the rich and varied heritage of the Americas, bringing art, history, and people together. The team, comprising 64 employees, is committed to this purpose and aims to make the museum experience enlightening and enjoyable for all visitors. The Trust's activities include the careful preservation and organization of various collections, ensuring that they are displayed in engaging exhibits. With a strong focus on cultural understanding, The Gilcrease Museum Management Trust plays a vital role in promoting awareness and appreciation of the diverse heritage of the Americas.


Official website here: www.utulsa.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

The Gilcrease Museum Management Trust has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This score is primarily based on their effective financial management, as evidenced by their impressive 84% Accountability & Finance score. The organization shows transparency in its operations, having a comprehensive set of policies related to financial oversight and governance.

Strengths of the organization include a high score for its financial statements and an absence of material diversion of assets, which reflects strong ethical management. The Trust has maintained a healthy liabilities to assets ratio and has a favorable working capital ratio, suggesting it is well-positioned financially. Additionally, the museum demonstrates effective fundraising efficiency with low costs associated with fundraising efforts.

However, the program expense ratio is slightly lower at 64.89%, which indicates that a portion of its funding may not be fully directed towards its programs. While this is not uncommon, it suggests there is room for improvement in allocating resources towards their core mission. Overall, the Gilcrease Museum Management Trust appears to be a reliable and accountable organization, though there is potential to enhance its programmatic spending.


This AI summary has been generated from information found on Charity Navigator.

Is The Gilcrease Museum Management Trust legitimate?

The Gilcrease Museum Management Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Gilcrease Museum Management Trust 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: $2,929,317

For more financial information, click here


Official website here: www.utulsa.edu

What is the mission statement of The Gilcrease Museum Management Trust?

The Gilcrease Museum Management Trust is committed to exploring the rich and varied heritage of the Americas. Through its extensive collections, the museum bridges the gap between art, history, and people, inviting discovery, enjoyment, and comprehension. The Gilcrease Museum's primary focus lies in the careful management and curation of its vast collection and exhibitions, serving as a platform for enhancing public understanding of the diverse cultural heritage of the Americas.


Official website here: www.utulsa.edu

Who is the CEO of The Gilcrease Museum Management Trust?

Brad Carson is the Trustee of The Gilcrease Museum Management Trust.


Official website here: www.utulsa.edu

What is the revenue of The Gilcrease Museum Management Trust?

The Gilcrease Museum Management Trust's revenue in 2022 was $18,116,307.


Official website here: www.utulsa.edu

Who are the executives of The Gilcrease Museum Management Trust and what are their salaries?

The average compensation at The Gilcrease Museum Management Trust during 2022 was $45,771. There are 64 employees and 155 volunteers at The Gilcrease Museum Management Trust.


Here are 5 key members and their salaries:


Janet Levit (Trustee)
  • Compensation: $0
  • Related: $724,793
  • Other: $2,491
Brad Carson (Trustee)
  • Compensation: $0
  • Related: $459,566
  • Other: $3,379
John Bury (Trustee)
  • Compensation: $0
  • Related: $150,983
  • Other: $11,154
Eric Schick (Trustee)
  • Compensation: $0
  • Related: $44,084
  • Other: $1,404
Dana S Weber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.utulsa.edu

Where can I find the form 990 for The Gilcrease Museum Management Trust?

The Gilcrease Museum Management Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.utulsa.edu

Learn more at the official website: www.utulsa.edu

Mission Statement of The Gilcrease Museum Management Trust

The Gilcrease Museum Management Trust is a dedicated organization that strives to unravel the rich and diverse heritage of the Americas. By bringing art, history, and people together, this trust seeks to foster a deeper understanding and appreciation of the various cultural backgrounds that shape our continent. The Gilcrease Museum, under the trust's management, has made it its mission to provide a platform where these diverse elements can intermingle and engage with each other.

Through its meticulously curated collections and thought-provoking exhibits, the Gilcrease Museum serves as a bridge between the past and the present, allowing visitors to explore the stories and traditions of the Americas in a meaningful way. The trust's curatorial team is committed to the responsible management of these valuable resources, ensuring their preservation for future generations to enjoy and learn from. In doing so, the Gilcrease Museum Management Trust contributes significantly to the ongoing dialogue about the history and heritage of the Americas, enlightening and inspiring all who engage with its offerings.

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Impact




October, 2024

The Gilcrease Museum Management Trust significantly enriches the cultural landscape of Tulsa, Oklahoma, by managing a vast collection of art and historical artifacts that celebrate the diverse heritage of the Americas. Through its curatorial efforts, the Trust not only ensures the preservation and accessibility of these collections but also creates engaging exhibits that draw visitors into a deeper understanding of art, history, and cultural narratives. By facilitating educational programs and community outreach, it fosters a greater appreciation for the shared experiences and histories that shape the American experience, effectively bringing art, history, and people together in meaningful ways.




This information is meant to be a general summary of The Gilcrease Museum Management Trust. 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.

Revenue
$18,116,307 (2022)
Expenses
$5,630,307 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,752,094
  • Program Service Revenue: $391,866
  • Gross Receipts: $21,526,411

Assets and Liabilities:

  • Total Assets: $68,712,105
  • Total Liabilities: $452,747
  • Net Assets: $68,259,358

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALES EDUCATION DEPARTMENT

Revenue

$40,983

RESEARCH SERVICES

Revenue

$350,883

Organization Details

Founding Year

2008

Principal Officer

Brad Carson

Main Address

800 SOUTH TUCKER DRIVE, TULSA, OK, 74104

NTEE Category

Code: A50 - Arts

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