Overview
What is The Rock And Roll Hall Of Fame And Museum Inc?
The Rock and Roll Hall of Fame and Museum Inc, located in Cleveland, Ohio, is a renowned nonprofit organization dedicated to the celebration and study of rock and roll music. Established in 1995, the institution houses a world-class museum, library, and archives. With seven floors of fascinating exhibits, the museum showcases thousands of historic artifacts and a variety of films and interactive displays, educating visitors about the history and impact of rock and roll on our culture and society. Additionally, the Rock Hall curates temporary exhibits each year, focusing on individual artists, genres, or significant milestones. In 2022, their temporary exhibitions included Baseline to Bassline: 75 Years of Music & The NBA, Hotter Than July: The Bruce W. Talamon R&B Photographs, and Tom Petty: Wildflowers. The library and archives contribute to the organization's mission by making unique audio and video recordings, promotional materials, personal papers, and business records of influential music figures accessible to the public for the first time. The Rock and Roll Hall of Fame honors the artists whose music brings us together, embodying the inclusive and ever-evolving spirit of rock and roll.
Official website here: www.rockhall.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
The Rock And Roll Hall Of Fame And Museum Inc has received a strong endorsement with a 96% rating, signifying exceptional performance in accountability and finance. This high score reflects a robust financial health and accountability framework, underscored by a 90% independent board and comprehensive financial oversight. The organization adheres to best practices, including a conflict of interest policy and a whistleblower policy, ensuring transparency in its operations.
Strengths of the nonprofit are evident in its fiscal responsibility, with a program expense ratio of 78.54%, indicating that a substantial portion of its resources is directed towards its mission-related activities. The low liabilities to assets ratio of 4.95% further illustrates the organization's solid financial stability. The presence of an audit and oversight committee, along with well-maintained documentation of board meetings, highlights the organization’s commitment to governance.
While the data presents a positive view of the organization, no specific limitations or criticisms were noted in the feedback. Overall, The Rock And Roll Hall Of Fame And Museum Inc exemplifies strong governance and financial management, making it a reliable choice for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Rock And Roll Hall Of Fame And Museum Inc legitimate?
The Rock And Roll Hall Of Fame And Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Rock And Roll Hall Of Fame And Museum 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,792,793
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,645,239
For more financial information, click here
Official website here: www.rockhall.com
What is the mission statement of The Rock And Roll Hall Of Fame And Museum Inc?
The Rock and Roll Hall of Fame and Museum Inc is dedicated to showcasing the history and impact of rock and roll music. Born from the collision of rhythm and blues, country, and gospel, rock and roll is a spirit that is inclusive and ever-changing. The organization celebrates the sound of youth culture and pays tribute to the artists whose music connects us all. With seven floors of exhibits featuring thousands of historic artifacts, films, and interactive displays, the museum educates visitors about the evolution of rock and roll from its roots to the present. The Rock Hall also curates temporary exhibits focusing on individual artists, various music genres, or significant historical events. The library and archives, collecting artifacts since the museum's inception in 1995, make one-of-a-kind audio and video recordings, promotional materials, personal papers, and business records accessible to the public for the first time, furthering the museum's mission.
Official website here: www.rockhall.com
Who is the CEO of The Rock And Roll Hall Of Fame And Museum Inc?
Greg Harris is the President & Ceo of The Rock And Roll Hall Of Fame And Museum Inc. The CEO's salary of The Rock And Roll Hall Of Fame And Museum Inc is $852,082 and their total compensation is $954,409.
Official website here: www.rockhall.com
What is the revenue of The Rock And Roll Hall Of Fame And Museum Inc?
The Rock And Roll Hall Of Fame And Museum Inc's revenue in 2022 was $43,897,385.
Official website here: www.rockhall.com
Who are the executives of The Rock And Roll Hall Of Fame And Museum Inc and what are their salaries?
The average compensation at The Rock And Roll Hall Of Fame And Museum Inc during 2022 was $45,186. There are 231 employees at The Rock And Roll Hall Of Fame And Museum Inc.
Here are 25 key members and their salaries (The Rock And Roll Hall Of Fame And Museum Inc's CEO's salary is $852,082 and their total compensation is $954,409):
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- Compensation: $852,082
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- Compensation: $151,466
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- Other: $20,991
- Compensation: $150,926
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- Other: $23,402
Official website here: www.rockhall.com
Where can I find the form 990 for The Rock And Roll Hall Of Fame And Museum Inc?
The Rock And Roll Hall Of Fame And Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rockhall.com
Learn more at the official website: www.rockhall.com
Mission Statement of The Rock And Roll Hall Of Fame And Museum Inc
The Rock and Roll Hall of Fame and Museum Inc stands as a testament to the inclusive and ever-evolving spirit of rock and roll music. Born from the collision of rhythm and blues, country, and gospel, this esteemed institution celebrates the sound of youth culture and honors the artists whose music connects us all.
Nestled within its walls, the Rock and Roll Hall of Fame houses a world-class museum, library, and archives that educate visitors about the rich history of rock and roll, from its roots to the present day. Seven floors of exhibits, featuring thousands of historic artifacts, films, and interactive displays, transport visitors on a journey through the annals of rock and roll history. Additionally, the Rock Hall curates several temporary exhibits each year, showcasing individual artists, various genres of music, or important anniversaries of historic events.
The library and archives, a vital component of the Rock Hall, have been amassing one-of-a-kind audio and video recordings, promotional materials, personal papers, and business records of popular music's most influential figures since the institution's inception in 1995. By making these valuable resources accessible to the public for the first time, the Rock Hall's library and archives significantly enhance its mission to celebrate and study the history of rock and roll and its impact on our culture and society.
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Impact
October, 2024
The Rock and Roll Hall of Fame and Museum Inc. serves as a vital institution for celebrating and studying the rich tapestry of rock and roll music, reflecting its evolution from various musical genres like rhythm and blues, country, and gospel. Located in Cleveland, Ohio, it showcases the significant impact of rock and roll on youth culture and society at large.
With seven floors of exhibits filled with thousands of historic artifacts, the museum offers visitors an immersive experience into the history of rock music—from its roots to contemporary influences. The collection includes not only permanent installations but also a rotating selection of temporary exhibits that spotlight individual artists, specific genres, and milestone anniversaries. For example, recent exhibitions have focused on topics such as the intersection of music and sports, photographic histories, and tributes to legendary figures in the genre.
In addition to its exhibitions, the Rock and Roll Hall of Fame houses a comprehensive library and archives, dedicated to preserving and making accessible the influential documents of the music industry. This repository includes unique audio and video recordings, promotional materials, and personal papers from iconic musicians, enriching the public's understanding and appreciation of rock music's legacy.
Moreover, the institution plays a crucial role in education, enhancing university-level programs and providing materials that facilitate an in-depth study of popular music. Through its diverse programs and extensive resources, the Rock and Roll Hall of Fame not only honors the artists who shaped rock and roll but also fosters a deeper cultural understanding of music's integral role in society.
This information is meant to be a general summary of The Rock And Roll Hall Of Fame And Museum 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: $2,089,455
- Program Service Revenue: $12,405,445
- Gross Receipts: $77,384,471
Assets and Liabilities:
- Total Assets: $164,756,006
- Total Liabilities: $8,170,302
- Net Assets: $156,585,704
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$11,781,412
CAFE REVENUE
Revenue
$320,791
PROGRAM ADMISSIONS&FEES
Revenue
$190,688
EXHIBIT RENTAL
Revenue
$84,876
MEMBER BENEFITS
Revenue
$27,678
Organization Details
Founding Year
1985
Phone
(216) 781-7625Principal Officer
Greg Harris
Main Address
1100 ROCK AND ROLL BOULEVARD, CLEVELAND, OH, 441141022
Website
www.rockhall.comNTEE Category
Code: A500 - Arts
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