Overview
What is The Coral Gables Museum Corp?
The Coral Gables Museum Corp is a nonprofit organization, specifically a 501(c)(3), situated in Coral Gables, Florida. Their primary mission revolves around celebrating and investigating the civic arts of architecture and urban environmental design. By fostering an appreciation for the history, vision, and cultural landscape of Coral Gables, they promote beauty, planning, historic, and environmental preservation for a diverse audience, including children, families, and international visitors. The museum achieves this mission through effective partnerships and various programming, such as exhibitions, educational offerings, lectures, tours, publications, and special events. They raise their own operating budget to fund these exhibitions and educational programs, operating within a city-owned facility, thereby serving as a vital cultural institution.
Official website here: www.coralgablesmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
The Coral Gables Museum Corp has received a moderate rating, indicating some areas of strength particularly in governance and financial practices. The organization boasts a fully independent board and demonstrates good financial health with a low liabilities to assets ratio, suggesting effective management of resources. Additionally, it has a strong program expense ratio, showing that a significant portion of its budget is directed towards its programs.
However, the lack of a whistleblower policy and missing documentation for both document retention and the nonprofit's tax form on its website raise concerns about the organization's transparency and accountability. These omissions may hinder public trust and could potentially expose the nonprofit to risks related to governance. Overall, while the museum demonstrates certain strengths, addressing these limitations could enhance its rating and foster greater confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Coral Gables Museum Corp legitimate?
The Coral Gables Museum Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Coral Gables Museum Corp 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: $117,403
Professional Fundraising Fees: $0
Other Salaries and Wages: $493,300
For more financial information, click here
Official website here: www.coralgablesmuseum.org
What is the mission statement of The Coral Gables Museum Corp?
The Coral Gables Museum Corp's mission is to celebrate, investigate, and explore the civic arts of architecture and urban environmental design. The museum aims to foster an appreciation for the history, vision, and cultural landscape of Coral Gables, promoting beauty, planning, and historic and environmental preservation for a broad audience. This includes children, families, community members, as well as local, regional, national, and international visitors. The museum achieves its mission by cultivating effective partnerships and providing programming that includes exhibitions, educational offerings, lectures, tours, publications, and special events. The museum operates as a public-private partnership between the city of Coral Gables and the Coral Gables Museum Corp., a private, not-for-profit 501(C)(3) corporation, and raises its own operating budget to fund its exhibitions and educational programs.
Official website here: www.coralgablesmuseum.org
What is the revenue of The Coral Gables Museum Corp?
The Coral Gables Museum Corp's revenue in 2023 was $1,167,142.
Official website here: www.coralgablesmuseum.org
Who are the executives of The Coral Gables Museum Corp and what are their salaries?
The average compensation at The Coral Gables Museum Corp during 2023 was $33,928. There are 18 employees and 12 volunteers at The Coral Gables Museum Corp.
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Official website here: www.coralgablesmuseum.org
Where can I find the form 990 for The Coral Gables Museum Corp?
The Coral Gables Museum Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.coralgablesmuseum.org
Learn more at the official website: www.coralgablesmuseum.org
Mission Statement of The Coral Gables Museum Corp
The Coral Gables Museum Corp, a private, not-for-profit organization, is dedicated to celebrating, investigating, and exploring the civic arts of architecture and urban environmental design. Its mission extends beyond Coral Gables, appealing to a broad audience, including children, families, community members, and international visitors. The museum fosters an appreciation for the history, vision, and cultural landscape of the area, promoting beauty, planning, and historic and environmental preservation. It achieves its mission by cultivating effective partnerships and providing a variety of programming, such as exhibitions, lectures, tours, and special events. The museum operates as a public-private partnership with the City of Coral Gables, utilizing its own operating budget to fund the exhibitions and educational programs it offers.
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Impact
October, 2024
The Coral Gables Museum Corp significantly impacts its community by celebrating and exploring the civic arts of architecture and urban environmental design. It fosters an appreciation for the history, vision, and cultural landscape of Coral Gables, promoting a sense of beauty and planning while advocating for historic and environmental preservation.
By hosting a diverse range of exhibitions and educational programs, the museum engages a broad audience, including children, families, and local, regional, national, and international visitors. Notable exhibitions such as "Sacred Ground" and "Castles in the Sky" highlight its commitment to exploring various facets of art and history, while programming like lectures, panel discussions, and guided tours provides enriching educational experiences.
The museum strategically cultivates effective partnerships to enhance its mission, contributing to the cultural vibrancy of Coral Gables and strengthening community ties. Through its endeavors, it serves as a cornerstone for the appreciation of the region's artistic heritage, making a lasting impact on visitors and residents alike.
This information is meant to be a general summary of The Coral Gables Museum Corp. 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.
- Investment Income: -$619
- Program Service Revenue: $65,613
- Gross Receipts: $1,189,312
Assets and Liabilities:
- Total Assets: $248,292
- Total Liabilities: $46,464
- Net Assets: $201,828
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSEUM ADMISSIONS
Revenue
$28,995
COMMUNITY EVENTS
Revenue
$18,076
CITY TREKKER CAMPS
Revenue
$13,063
LOCAL TOURS
Revenue
$4,583
MISCELLANEOUS
Revenue
$896
Organization Details
Founding Year
2003
Principal Officer
Elvis Fuentes
Website
www.coralgablesmuseum.orgNTEE Category
Code: A80 - Arts
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