Overview
What is Tampa Museum Of Art Foundation Inc?
Tampa Museum of Art Foundation Inc is a supporting 501C3 organization that aids the Tampa Museum of Art (TMA), a cultural institution that enriches lives by showcasing iconic works of art, hosting community dialogues, and offering educational programs. The foundation assists the TMA in various ways, including overseeing the museum's endowment portfolio, managing investment committees, and securing large gifts and grants. The foundation also launched a legacy program in 2022 to engage with individuals planning to leave a bequest to the TMA and coordinated recognition in museum programs. Additionally, the foundation raised funds for the reallocation of back-of-house space to publicly accessible program spaces, aiming to accommodate the Tampa Bay community's interest in visual art services. The reallocation project exceeded expectations, and renovations commenced in 2021. In 2022, the Tampa Museum of Art's permanent collection comprised over 7,500 objects, with a focus on classical antiquities, 19th-century photography, modern and contemporary art, and artists with ties to Florida. The foundation's distributions in 2022 supported all museum operations and programming, contributing to a robust schedule of exhibitions and education programs.
Official website here: www.tampamuseum.org
Is Tampa Museum Of Art Foundation Inc legitimate?
Tampa Museum Of Art Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tampa Museum Of Art Foundation Inc 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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Official website here: www.tampamuseum.org
What is the mission statement of Tampa Museum Of Art Foundation Inc?
The Tampa Museum of Art Foundation's mission is centered around supporting the Tampa Museum of Art (TMA). It raises funds to contribute to the museum's operations and growth, managing its investments and distribution recommendations, and overseeing bequest and trust solicitation. The foundation also launched a legacy program and a fundraising campaign to expand the museum's footprint, accommodating the interests of the Tampa Bay community. Through its activities, the foundation aims to support the museum's operations and programming, ensuring its continuity and growth.
Official website here: www.tampamuseum.org
Who is the CEO of Tampa Museum Of Art Foundation Inc?
Christine Phillips is the President of Tampa Museum Of Art Foundation Inc.
Official website here: www.tampamuseum.org
What is the revenue of Tampa Museum Of Art Foundation Inc?
Tampa Museum Of Art Foundation Inc's revenue in 2022 was $11,197,277.
Official website here: www.tampamuseum.org
Who are the executives of Tampa Museum Of Art Foundation Inc and what are their salaries?
There 23 volunteers at Tampa Museum Of Art Foundation Inc.
Here are 24 key members and their salaries:
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Official website here: www.tampamuseum.org
Where can I find the form 990 for Tampa Museum Of Art Foundation Inc?
Tampa Museum Of Art Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tampamuseum.org
Learn more at the official website: www.tampamuseum.org
Mission Statement of Tampa Museum Of Art Foundation Inc
Tampa Museum of Art Foundation, as a 501C3 organization, plays a crucial role in supporting the Tampa Museum of Art (TMA). Its mission is centered around raising funds and ensuring the security of the museum's endowment portfolio. The foundation oversees the investment managers and manages the bequest and trust solicitation, as well as large gifts and grants for the endowment and capital improvement and growth. The New Century Legacy Society Committee, a subset of the foundation, launched a legacy program for the museum, aiming to engage those who have pledged legacy gifts or intend to leave a bequest to TMA through the foundation.
By supporting TMA in various ways, the foundation contributes to the museum's operations and programming, including its role as a cultural institute that adds measurable value to people's lives. The TMA is a place to celebrate iconic works of art, host community forums and dialogues with internationally recognized artists and scholars, and provide studio art programs, school field trips, and workshops focused on ancient, modern, and contemporary art. The foundation's activities directly contribute to the museum's ability to maintain and expand its collection, providing a foundation for exhibitions and education programming. Despite being relatively young in comparison to the 102-year-old TMA, the foundation's distributions in 2022 helped support all museum operations and programming, contributing to the museum's continued growth and success.
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Impact
October, 2024
The Tampa Museum of Art Foundation Inc. has had a profound impact on the cultural landscape of the Tampa Bay region. By supporting the Tampa Museum of Art (TMA), the Foundation plays a crucial role in enhancing the community's access to artistic resources and educational opportunities. The TMA serves as a hub for artistic expression, showcasing iconic works and fostering dialogue around contemporary and historical art, which enriches the lives of its visitors.
One of the most significant contributions of the Foundation is its commitment to expanding and improving the museum’s facilities. The recent renovations and the opening of the Vinik Education Center, for instance, have provided vital resources for education programs. This 8,000-square-foot space allows for year-round art classes, educational camps, and a range of workshops that cater to diverse ages and skill levels, directly engaging close to 10,000 participants in 2022 alone. Such immersive educational experiences help cultivate a deeper appreciation for the arts within the community.
Financially, the Foundation effectively manages an endowment portfolio that supports museum operations, ensuring sustainability and growth. The strategic fundraising campaigns led by the Foundation have successfully raised funds that not only address immediate needs but also facilitate long-term improvements. Through its investment committee and various fundraising efforts, the Foundation has increased the museum's capacity for exhibitions, allowed for the care of an extensive collection of over 7,541 objects, and enhanced the overall visitor experience.
Moreover, the TMA's role as a repository for both ancient and contemporary art further underscores its significance. By acquiring works from nationally and internationally recognized artists, particularly those with ties to Florida, the museum not only preserves cultural heritage but also sets standards for future collecting activities. The Foundation’s continuous support ensures that these artistic treasures remain accessible to future generations, fostering a sense of community pride and cultural identity.
In summary, the impact of the Tampa Museum of Art Foundation extends far beyond financial contributions; it embodies a dedication to enriching the cultural fabric of Tampa, providing educational resources, and ensuring the sustainability and growth of the arts in the region.
This information is meant to be a general summary of Tampa Museum Of Art Foundation Inc. 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: -$57,753
- Gross Receipts: $23,476,943
Assets and Liabilities:
- Total Assets: $45,983,062
- Total Liabilities: $6,045,377
- Net Assets: $39,937,685
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Organization Details
Founding Year
1998
Phone
(813) 421-8363Principal Officer
Christine Phillips
Main Address
120 W GASPARILLA PLAZA, TAMPA, FL, 33602
Website
www.tampamuseum.orgNTEE Category
Code: A115 - Arts
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