Fender Museum Of The Arts Foundation

Charity Navigator Rating: 76%, Three-Star out of Four Star rating.

The Fender Museum Of The Arts Foundation received a Three-Star rating from Charity Navigator, indicating a fair level of transparency and accountability. The overall score is based entirely on the accountability and finance beacon, reflecting a strong commitment to responsible financial practices. The organization has an independent board of directors, with all members being independent, which is a positive aspect contributing to its governance.

Strengths include a zero liability to assets ratio, indicating financial stability, and an impressive program expense ratio of 80.69%, which suggests that the majority of its funding is directed towards its mission-related activities. Additionally, the organization has demonstrated compliance with several key financial accountability measures, such as having meeting minutes documented and a tax form listed on its website.

However, there are notable areas for improvement. The charity lacks key policies such as a conflict of interest policy and a whistleblower policy, both of which are essential for maintaining trust and governance standards. Addressing these shortcomings could enhance the foundation's overall rating and public perception.

This AI summary has been generated from information found on Charity Navigator.

Fender Museum Of The Arts Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fender Museum Of The Arts 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: $0

For more financial information, click here

Official website here: www.fendermuseum.com