Overview
What is Houmas House Foundation?
The Houmas House Foundation is a nonprofit organization located in Darrow, Louisiana, with an address at 40136 Highway 942. Its primary mission is to develop and operate museums, aiming to enhance public knowledge and comprehension of the powerful steamboats that ruled the Mississippi River and the maritime industry during the 19th and early 20th centuries. To achieve this goal, the foundation operates one or more museums, utilizing exhibits and educational programs to engage visitors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating. The rating reflects several strengths and weaknesses within the Houmas House Foundation's operations. While the organization has a strong accountability framework with all board members being independent and a solid program expense ratio, it struggles significantly with financial transparency as indicated by a low score for financial statements and the absence of posted tax forms.
The foundation demonstrates good governance practices, evidenced by its conflict of interest policy and documentation of board meeting minutes. However, areas such as the lack of a whistleblower policy and poor performance in financial reporting raise concerns about its operational effectiveness. The organization's financial health is relatively good, as indicated by the favorable liabilities to assets ratio.
Overall, the two-star rating suggests that while Houmas House Foundation has a committed board and positive program expense ratio, it needs to improve its financial transparency and adopt better policies to enhance accountability. Addressing these weaknesses will be essential for building trust and effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Houmas House Foundation legitimate?
Houmas House Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Houmas House 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.
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Other Salaries and Wages: $0
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What is the mission statement of Houmas House Foundation?
The Houmas House Foundation is established with the mission to develop and manage museums, aiming to enhance public knowledge and understanding about the mighty steamships that held sway over the Mississippi River and the maritime industry during the 19th and early 20th centuries. This organization operates with the objective of fostering an appreciation for this historical period, showcasing the significant role these ships played in shaping the era. Through these museums, the foundation aims to educate and engage the public, fostering a deeper understanding of this intriguing chapter in maritime history.
Who is the CEO of Houmas House Foundation?
Daniel P Kelly is the President of Houmas House Foundation.
What is the revenue of Houmas House Foundation?
Houmas House Foundation's revenue in 2022 was $1,262,467.
Who are the executives of Houmas House Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Houmas House Foundation?
Houmas House Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Houmas House Foundation
The Houmas House Foundation, a non-profit organization, is dedicated to establishing and operating museums that aim to enlighten the public about the immense steamboats that ruled the Mississippi River and the maritime industry during the 19th and early 20th centuries. The foundation's mission is to foster a deeper understanding and appreciation of this historical period, shedding light on the significant role these steamboats played in shaping the maritime world. Through the development and operation of museums, the Houmas House Foundation seeks to engage and educate visitors, encouraging them to delve into the rich history and legacy of these magnificent vessels.
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Impact
October, 2024
The Houmas House Foundation plays a significant role in preserving and promoting the rich history of the Mississippi River's iconic steamboats and the broader maritime industry of the 19th and early 20th centuries. By developing and operating museums dedicated to this heritage, the foundation enhances public knowledge and understanding of the cultural and historical impact of these vessels on American life and commerce.
Through educational programs, exhibits, and community engagement, the foundation cultivates a deeper appreciation for the steamboats that once dominated river travel and trade. Furthermore, its efforts contribute to heritage tourism in Darrow, Louisiana, attracting visitors and fostering economic growth while ensuring that this vital part of maritime history is not forgotten. The work of the Houmas House Foundation enriches the cultural landscape, promotes the arts, and serves as a valuable resource for historians, educators, and the general public.
This information is meant to be a general summary of Houmas House 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 2022.
- Program Service Revenue: $1,486
- Gross Receipts: $1,262,467
Assets and Liabilities:
- Total Assets: $10,717,047
- Total Liabilities: $0
- Net Assets: $10,717,047
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TOUR INCOME
Revenue
$1,486
Organization Details
Founding Year
2010
Phone
(504) 891-9494Principal Officer
Daniel P Kelly
Main Address
40136 HIGHWAY 942, DARROW, LA, 70725
NTEE Category
Code: A50 - Arts
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