Overview
What is National Museum Of Mathematics F/K/A Museum Of Mathematics?
The National Museum of Mathematics, formerly known as Museum of Mathematics, is a renowned nonprofit institution situated in the heart of New York City, specifically at 134 West 26th Street 4S, New York, NY 10001. The primary objective of this organization is to foster a deeper understanding and appreciation for mathematics, showcasing its relevance in everyday life. It achieves this goal through the operation of a hands-on museum that features numerous interactive and engaging exhibits. The museum, which reopened to the public in July 2021 after a 15-month closure due to COVID-19, has since welcomed families, tourists, and school groups, observing a significant increase in visitor numbers throughout the remainder of the fiscal year. The National Museum of Mathematics, or MOMATH as it is commonly known, aims to illuminate the intricate patterns that exist in our world, further enhancing public perception of mathematics. By means of dynamic exhibits and educational programs, MOMATH stimulates inquiry, fosters curiosity, and reveals the wonders of mathematics, catering to a diverse audience. As of the provided information, the institution employs a workforce of 48 individuals.
Official website here: www.momath.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
The National Museum of Mathematics has achieved a Four-Star rating from Charity Navigator, reflecting an impressive score of 97% in the Accountability & Finance category. This strong performance indicates a high level of financial health and transparency, which is crucial for donor confidence and effective nonprofit management.
One of the organization's notable strengths is its governance structure, with a majority of board members being independent, which enhances oversight and decision-making. Additionally, the museum exhibits strong fiscal responsibility, as evidenced by its low liabilities-to-assets ratio and a high program expense ratio, ensuring that a significant portion of its funds goes directly to its educational initiatives.
While the museum's financials are robust, potential limitations were not highlighted in the available data. Overall, the strong scores across various accountability metrics suggest that the National Museum of Mathematics operates efficiently and responsibly, making it a commendable organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is National Museum Of Mathematics F/K/A Museum Of Mathematics legitimate?
National Museum Of Mathematics F/K/A Museum Of Mathematics is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Museum Of Mathematics F/K/A Museum Of Mathematics 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: $685,028
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,868,863
For more financial information, click here
Official website here: www.momath.org
What is the mission statement of National Museum Of Mathematics F/K/A Museum Of Mathematics?
The National Museum of Mathematics, formerly known as Museum of Mathematics, strives to enlighten the general public's understanding and perception of mathematics. Through dynamic exhibits and educational programs, it promotes inquiry, fosters curiosity, and showcases the wonders of mathematics. The museum's activities aim to engage a broad and diverse audience, helping them comprehend the evolving, creative, human, and aesthetic aspects of mathematics. By doing so, it seeks to highlight the significance of mathematics in everyday life.
Official website here: www.momath.org
Who is the CEO of National Museum Of Mathematics F/K/A Museum Of Mathematics?
Cindy Lawrence is the Trustee / Chair of National Museum Of Mathematics F/K/A Museum Of Mathematics.
Official website here: www.momath.org
What is the revenue of National Museum Of Mathematics F/K/A Museum Of Mathematics?
National Museum Of Mathematics F/K/A Museum Of Mathematics's revenue in 2022 was $6,224,027.
Official website here: www.momath.org
Who are the executives of National Museum Of Mathematics F/K/A Museum Of Mathematics and what are their salaries?
The average compensation at National Museum Of Mathematics F/K/A Museum Of Mathematics during 2022 was $53,206. There are 48 employees and 100 volunteers at National Museum Of Mathematics F/K/A Museum Of Mathematics.
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Official website here: www.momath.org
Where can I find the form 990 for National Museum Of Mathematics F/K/A Museum Of Mathematics?
National Museum Of Mathematics F/K/A Museum Of Mathematics's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.momath.org
Learn more at the official website: www.momath.org
Mission Statement of National Museum Of Mathematics F/K/A Museum Of Mathematics
The National Museum of Mathematics, formerly known as Museum of Mathematics, is committed to operating a museum that showcases mathematics through public exhibitions, interactive displays, and educational programs. Its goal is to enhance the public's understanding of mathematics and its significance in everyday life. The museum's dynamic exhibits and programs stimulate inquiry, spark curiosity, and reveal the wonders of mathematics. By engaging a broad and diverse audience, the National Museum of Mathematics aims to reveal the evolving, creative, human, and aesthetic nature of mathematics. Its activities strive to illuminate the patterns that surround us, enhancing the perception and appreciation of mathematics.
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Impact
October, 2024
The National Museum of Mathematics significantly impacts public understanding of mathematics by transforming how visitors engage with the subject. Through hands-on, interactive exhibits, the museum promotes inquiry and curiosity, making mathematics accessible and exciting for a wide audience, including families, tourists, and school groups.
Following its reopening in July 2021, the museum has seen a resurgence in visitors, highlighting its role as a vibrant educational resource in New York City. By showcasing the patterns and creativity inherent in mathematics, the museum helps demystify the discipline and demonstrates its relevance in everyday life. Its dynamic programs not only enhance appreciation for mathematics but also promote a deeper understanding of its aesthetic and humanistic aspects, thereby fostering a positive perception of the field amongst visitors of all ages.
This information is meant to be a general summary of National Museum Of Mathematics F/K/A Museum Of Mathematics. 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: $1,214,706
- Program Service Revenue: $1,272,908
- Gross Receipts: $6,794,900
Assets and Liabilities:
- Total Assets: $36,788,428
- Total Liabilities: $633,344
- Net Assets: $36,155,084
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION REVENUE
Revenue
$1,004,901
PROGRAM FEES
Revenue
$255,062
EXHIBIT RENTAL
Revenue
$12,945
Organization Details
Founding Year
2009
Phone
(212) 542-0566Principal Officer
Cindy Lawrence
Main Address
134 WEST 26TH STREET 4S, NEW YORK, NY, 10001
Website
www.momath.orgNTEE Category
Code: A50 - Arts
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