Overview
What is Cincinnati Museum Association?
The Cincinnati Museum Association is a prominent nonprofit organization located at 953 Eden Park Drive, Cincinnati, Ohio, 45202. Their mission revolves around managing and operating an art museum for the public's benefit. This includes permanent displays, special exhibits, and ongoing educational programs. By harnessing the power of art, they contribute to a more vibrant Cincinnati by inspiring its people and fostering connections within the community. With a team of 290 employees, the Cincinnati Museum Association is dedicated to enriching the city through art and culture.
Official website here: www.cincinnatiartmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Cincinnati Museum Association has achieved an impressive 100% rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The overall score is derived entirely from outstanding performance in this area, which indicates that the organization effectively manages its resources and adheres to high standards of financial practices.
Strengths highlighted include the presence of a majority independent board, robust financial oversight, and no reported material diversion of assets. The museum also demonstrates transparency with its policies, such as conflict of interest and whistleblower protections, enhancing its credibility with stakeholders. Additionally, the organization maintains a healthy financial position, as evidenced by its low liabilities to assets ratio and high program expense ratio.
However, while the rating is exceptionally high, it is important for potential supporters to consider that this evaluation focuses solely on financial metrics. Other aspects of organizational impact or programmatic outcomes are not reflected in the rating, so further research may be beneficial for a comprehensive understanding of the museum's contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Cincinnati Museum Association legitimate?
Cincinnati Museum Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincinnati Museum Association 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: $912,392
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,795,122
For more financial information, click here
Official website here: www.cincinnatiartmuseum.org
What is the mission statement of Cincinnati Museum Association?
The Cincinnati Museum Association contributes to a more vibrant community by harnessing the power of art. They inspire people through the operation of an art museum, featuring permanent exhibits, special exhibitions, and continuous educational programs. By doing so, they aim to connect various communities and add depth to Cincinnati's cultural landscape. The association's mission is driven by a passion for art and a commitment to fostering meaningful experiences for its visitors. Through their offerings, they aim to spark creativity, encourage exploration, and create opportunities for learning and growth.
Official website here: www.cincinnatiartmuseum.org
What is the revenue of Cincinnati Museum Association?
Cincinnati Museum Association's revenue in 2024 was $23,664,543.
Official website here: www.cincinnatiartmuseum.org
Who are the executives of Cincinnati Museum Association and what are their salaries?
The average compensation at Cincinnati Museum Association during 2024 was $27,468. There are 317 employees and 197 volunteers at Cincinnati Museum Association.
Here are 45 key members and their salaries:
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Official website here: www.cincinnatiartmuseum.org
Where can I find the form 990 for Cincinnati Museum Association?
Cincinnati Museum Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.cincinnatiartmuseum.org
Learn more at the official website: www.cincinnatiartmuseum.org
Mission Statement of Cincinnati Museum Association
The Cincinnati Museum Association, a powerful force in the community, contributes to a more vibrant and inspired city by harnessing the power of art. Through its mission, the organization connects people and fosters a sense of unity amongst various communities. The Association maintains and manages an art museum open to the public, featuring permanent exhibits, special displays, and ongoing educational programs. By doing so, it inspires the people of Cincinnati, offering them opportunities to engage with art and broaden their cultural horizons. The organization's work goes beyond mere exhibition, aiming to create a meaningful impact on the community. It encourages dialogue, collaboration, and learning, making art accessible to all and fostering a deeper appreciation for its role in society.
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Impact
October, 2024
The Cincinnati Museum Association significantly enhances the cultural landscape of the city by inspiring individuals and fostering community connections through the power of art. By maintaining and operating an art museum that features both permanent and special exhibits, it provides a space for creative expression and exploration. The ongoing educational programs offered by the museum not only engage but also enrich the lives of visitors, encouraging a deeper appreciation for the arts. This commitment to artistic engagement culminates in a more vibrant Cincinnati, where the community can come together to experience, learn, and celebrate the diverse facets of art.
This information is meant to be a general summary of Cincinnati Museum Association. 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 2024.
- Investment Income: $7,034,844
- Program Service Revenue: $293,404
- Gross Receipts: $37,957,855
Assets and Liabilities:
- Total Assets: $251,362,300
- Total Liabilities: $9,669,152
- Net Assets: $241,693,148
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$262,133
EXHIBITION INCOME
Revenue
$16,881
CONSERVATION INCOME
Revenue
$14,390
Organization Details
Founding Year
1881
Principal Officer
Lewis Cameron Kitchin
Website
www.cincinnatiartmuseum.orgNTEE Category
Code: A510 - Arts
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