Overview
What is Milan Historical Museum Inc?
Milan Historical Museum Inc is a nonprofit organization located in Milan Village, whose primary goal is to showcase the influence of the past on the present through its museum buildings and collections. The organization aims to establish a strong presence within the community by offering educational programs and services that highlight the unique architecture and history of Milan Village. Additionally, Milan Historical Museum Inc collaborates with regional museums to promote historical awareness, preservation, and research, contributing to the overall cultural enrichment of the area.
Official website here: www.milanhistory.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating.
Milan Historical Museum Inc has achieved a strong overall rating of 90%, indicating a high level of accountability and financial health. The organization is particularly noted for its independent governance, with 87% of its board members being independent, which reinforces transparency and effective oversight. Additionally, the museum has demonstrated no material diversion of assets, maintaining a solid fiscal responsibility.
The museum excels in its program expenses, allocating approximately 81.48% of its budget directly to its mission-related activities, showcasing a commitment to its core objectives. The organization has also established robust policies related to conflict of interest and document retention, contributing to its high score in governance practices. However, it is worth noting that the lack of a whistleblower policy has been identified as a limitation, which could impact the internal reporting of unethical behavior.
Overall, Milan Historical Museum Inc stands out as a well-managed nonprofit with strong financial practices and governance. While there are areas for improvement, particularly regarding its whistleblower policy, the organization’s financial health and dedication to its mission are commendable.
This AI summary has been generated from information found on Charity Navigator.
Is Milan Historical Museum Inc legitimate?
Milan Historical Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milan Historical 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: $62,954
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,750
For more financial information, click here
Official website here: www.milanhistory.org
What is the mission statement of Milan Historical Museum Inc?
The Milan Historical Museum Inc's mission is centered around showcasing the past's influence on the present through its museum buildings and collections. The organization strives to establish a significant presence in the community by offering educational programs and services, which highlight the unique character of Milan Village and its architecture. Additionally, Milan Historical Museum Inc collaborates with regional museums to promote historical awareness, preservation, and research. By doing so, it aims to foster a deeper understanding of the past and its impact on the present.
Official website here: www.milanhistory.org
Who is the CEO of Milan Historical Museum Inc?
Ann Basilone-Jones is the Treasurer of Milan Historical Museum Inc.
Official website here: www.milanhistory.org
What is the revenue of Milan Historical Museum Inc?
Milan Historical Museum Inc's revenue in 2022 was $186,468.
Official website here: www.milanhistory.org
Who are the executives of Milan Historical Museum Inc and what are their salaries?
The average compensation at Milan Historical Museum Inc during 2022 was $23,141. There are 5 employees at Milan Historical Museum Inc.
Here are 9 key members and their salaries:
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- Compensation: $62,954
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Official website here: www.milanhistory.org
Where can I find the form 990 for Milan Historical Museum Inc?
Milan Historical Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.milanhistory.org
Learn more at the official website: www.milanhistory.org
Mission Statement of Milan Historical Museum Inc
Milan Historical Museum Inc, a notable institution, sets out to illustrate the significant impact of the past on the present through its museum buildings and collections. The organization strives to establish a strong presence in the community by offering educational programs and services, thereby emphasizing the unique charm of Milan Village and its architecture. To further promote historical awareness, preservation, and research, Milan Historical Museum Inc collaborates with regional museums. By doing so, it contributes to a broader understanding of history and fosters a sense of connection between the past and the present.
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Impact
October, 2024
Milan Historical Museum Inc significantly impacts its community by bridging the past and present through its museum buildings and collections. By showcasing the historical evolution of Milan Village and its architecture, the museum plays a vital role in fostering local identity and pride. Its educational programs and services enrich the community by providing insights into the area's unique historical context, encouraging residents and visitors alike to engage with their heritage.
Furthermore, by collaborating with regional museums, Milan Historical Museum Inc enhances historical awareness and facilitates preservation efforts. This partnership promotes research opportunities, ensuring that Milan's rich history is not only preserved but also actively shared and celebrated within a broader regional framework. Through these efforts, the museum not only serves as a repository of history but also as a vibrant community hub that inspires learning and appreciation for the past.
This information is meant to be a general summary of Milan Historical 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: $79,541
- Program Service Revenue: $1,352
- Gross Receipts: $190,955
Assets and Liabilities:
- Total Assets: $5,491,652
- Total Liabilities: $2,636
- Net Assets: $5,489,016
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION/TOURS
Revenue
$1,352
Organization Details
Founding Year
1955
Phone
(419) 499-2968Principal Officer
Ann Basilone-Jones
Main Address
10 N EDISON DR, MILAN, OH, 44846
Website
www.milanhistory.orgNTEE Category
Code: A540 - Arts
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