Overview
What is The Robert Brady Museum Foundation?
The Robert Brady Museum Foundation is a nonprofit organization based in Abilene, Texas, specifically at 1326 ALBANY 2. Its primary objective is to support Fundacion Robert Brady, A.C., a Mexican civil association operating a museum in Cuernavaca, Morelos, Mexico. This Mexican organization is exempt from income tax and recognized as a U.S. public charity under relevant tax laws. The Robert Brady Museum Foundation saw an increase in public attendance due to the lifting of COVID-19 pandemic-related restrictions. Its mission is to contribute to the benefit of this Mexican museum, ensuring its operation and success.
Official website here: www.museorobertbrady.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 13% (Zero-Star out of Four Star rating)
The Robert Brady Museum Foundation has received a low rating of 13% from Charity Navigator, indicating significant concerns regarding its governance and financial practices. The organization has no independent board members, which raises questions about its accountability and oversight. Key policies, such as conflict of interest and whistleblower policies, are missing, further emphasizing the lack of transparency and governance standards.
Financially, the organization has a concerning liabilities to assets ratio of 2.33%, suggesting potential financial instability. Additionally, the program expense ratio stands at 0%, implying that the foundation may not be effectively utilizing its funds for its intended charitable programs. While there are no reported diversions of assets, the overall lack of independent oversight and clear financial management practices are significant limitations that could impact donor confidence.
Overall, while the Robert Brady Museum Foundation does have a listed website and no material asset diversions, the deficiencies in governance policies, independent board composition, and financial transparency warrant careful consideration from potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Robert Brady Museum Foundation legitimate?
The Robert Brady Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Robert Brady Museum 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,874
For more financial information, click here
Official website here: www.museorobertbrady.com
What is the mission statement of The Robert Brady Museum Foundation?
The Robert Brady Museum Foundation's mission is to support Fundacion Robert Brady, a Mexican civil association operating a museum in Cuernavaca, Morelos. This foundation is exempt from income tax in Mexico and recognized as a U.S. public charity under relevant tax laws. The primary objective of The Robert Brady Museum Foundation is to benefit this Mexican organization, aiming to advance its museum operations and promote its activities.
Official website here: www.museorobertbrady.com
What is the revenue of The Robert Brady Museum Foundation?
The Robert Brady Museum Foundation's revenue in 2023 was $219,784.
Official website here: www.museorobertbrady.com
Who are the executives of The Robert Brady Museum Foundation and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.museorobertbrady.com
Where can I find the form 990 for The Robert Brady Museum Foundation?
The Robert Brady Museum Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.museorobertbrady.com
Learn more at the official website: www.museorobertbrady.com
Mission Statement of The Robert Brady Museum Foundation
The Robert Brady Museum Foundation is devoted to supporting Fundacion Robert Brady, A.C., a Mexican civil association operating a museum in Cuernavaca, Morelos. This foundation's mission is to exclusively benefit its Mexican counterpart, which is exempt from income tax under Mexican law and recognized as a U.S. public charity under sections 509(a)(1) and 509(a)(2) of the Internal Revenue Code of 1986, as per the U.S.-Mexico Tax Treaty of September 18, 1992. In essence, The Robert Brady Museum Foundation serves as a bridge, facilitating support for its Mexican counterpart's museum operations and maintaining its exempt status in the United States.
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Impact
October, 2024
The Robert Brady Museum Foundation significantly enhances cultural engagement and accessibility to the arts in the Abilene area and beyond. By supporting the operations of Fundacion Robert Brady, A.C., which manages the museum in Cuernavaca, Morelos, Mexico, it fosters a unique connection between communities in the U.S. and Mexico, promoting cross-cultural understanding.
With a notable increase in public attendance following the easing of COVID-19 restrictions, the Foundation has played a crucial role in revitalizing interest in the arts. Its efforts help to increase awareness and appreciation of the diverse artistic heritage represented at the museum, enriching the cultural fabric of the community. Through its initiatives, the Foundation continues to inspire awareness and facilitate access to artistic experiences that transcend borders, creating lasting impacts within individual lives and communities.
This information is meant to be a general summary of The Robert Brady Museum 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 2023.
- Investment Income: $49,224
- Program Service Revenue: $60,378
- Gross Receipts: $382,350
Assets and Liabilities:
- Total Assets: $1,565,962
- Total Liabilities: $19,484
- Net Assets: $1,546,478
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Art on Loan
Revenue
$50,000
Musuem Ticket Window Sale
Revenue
$10,378
Organization Details
Founding Year
2010
Principal Officer
J Haden Cowdrey Jr
Website
www.museorobertbrady.comNTEE Category
Code: A115 - Arts
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