Overview
What is Westfield Museum Inc?
Westfield Museum Inc, based in Westfield, Massachusetts, serves as a steward for a historical building. Their primary mission is to highlight Westfield's significant role in the Industrial Revolution. They accomplish this through showcasing the building and raising funds to enhance its accessibility. Beyond preserving history, this nonprofit organization is dedicated to educating the public about this unique chapter in Westfield's past. By maintaining the building and engaging in fundraising activities, Westfield Museum Inc contributes to the community's cultural heritage and promotes local history awareness.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 10%
Westfield Museum Inc has received a poor rating of 10%, which translates to a Zero-Star out of Four Star rating. This score highlights serious issues in accountability and financial management. The organization has a complete lack of independent board members, which raises concerns about governance and oversight.
Strengths include the absence of material diversion of assets, indicating that the organization has not mismanaged its resources. However, significant shortcomings are noted, including missing policies for conflict of interest and whistleblowing, as well as a failure to provide basic financial documents on their website. These factors contribute to a lack of transparency and accountability.
The museum's program expense ratio stands at a low 18.63%, suggesting that a minimal portion of its expenses is directed towards its core mission. With a liabilities to assets ratio of 26.71%, the financial health of the organization appears concerning. Overall, these factors reflect a need for improved governance and financial practices to build trust and efficacy in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Westfield Museum Inc legitimate?
Westfield Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westfield Museum 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.
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What is the mission statement of Westfield Museum Inc?
The Westfield Museum Inc's mission is centered around showcasing the distinctive part the city had in the Industrial Revolution. This is accomplished through the preservation and maintenance of a historical building, as well as fundraising initiatives aimed at enhancing the building's accessibility. The organization's primary objective is to celebrate and educate people about the city's significant role in this transformative period in history.
Who is the CEO of Westfield Museum Inc?
Walter K Fogg Jr is the President & Ceo of Westfield Museum Inc. The CEO's salary of Westfield Museum Inc is $0 and their total compensation is $0.
What is the revenue of Westfield Museum Inc?
Westfield Museum Inc's revenue in 2022 was $18,266.
Who are the executives of Westfield Museum Inc and what are their salaries?
Here are 28 key members and their salaries (Westfield Museum Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Westfield Museum Inc?
Westfield Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Westfield Museum Inc
Westfield Museum Inc, a nonprofit organization, is devoted to highlighting the distinctive role that the city of Westfield played during the Industrial Revolution. Their primary mission is to preserve and maintain a historical building, serving as a testament to this significant period in history. Moreover, the institution raises funds to enhance the accessibility of this building, ensuring that it remains open and accessible to a wide range of visitors. By showcasing Westfield's unique role in the Industrial Revolution, Westfield Museum Inc aims to educate and inspire, fostering an appreciation for the city's historical significance.
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Impact
August, 2024
Westfield Museum Inc showcases the unique role the city of Westfield played in the Industrial Revolution. By owning and maintaining a historical building, they are preserving a significant piece of local history. Additionally, their fundraising efforts to improve building accessibility ensure that more people can learn about and appreciate Westfield's industrial heritage. Through their activities, Westfield Museum Inc contributes to the preservation and celebration of the city's history, enriching the community's cultural awareness and understanding of its past.
This information is meant to be a general summary of Westfield Museum 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 2022.
- Gross Receipts: $18,266
Assets and Liabilities:
- Total Assets: $740,359
- Total Liabilities: $186,182
- Net Assets: $554,177
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Organization Details
Founding Year
2007
Phone
(413) 562-3606Principal Officer
Walter K Fogg Jr
Main Address
360 ELM STREET, WESTFIELD, MA, 01085
NTEE Category
Code: A50 - Arts
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