Overview
What is Sheldon Swope Trust?
The Sheldon Swope Trust is a philanthropic entity, located in Terre Haute, Indiana. Its primary mission is to offer ongoing support to the Sheldon Swope Art Museum. This backing takes the form of regular quarterly distributions of the Trust's income and the coverage of specific expenses related to the museum's facility. This commitment aims to ensure the museum's continued operations and growth, contributing to the cultural landscape of Terre Haute.
Is Sheldon Swope Trust legitimate?
Sheldon Swope Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheldon Swope Trust 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: $13,064
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Sheldon Swope Trust?
The Sheldon Swope Trust was established with a mission to provide support to an art museum. Specifically, it provides quarterly distributions of its net income and covers certain expenses related to the museum's facility. The primary objective of the trust is to contribute to the sustainability and operation of the Sheldon Swope Art Museum. The support provided by the trust aims to ensure the continuation of the museum's activities and preservation of its art collection for the public's enjoyment and education. The trust's mission reflects a commitment to promoting art and cultural awareness through the support of a museum.
Who is the CEO of Sheldon Swope Trust?
First Financial Bank Na is the Trustee of Sheldon Swope Trust.
What is the revenue of Sheldon Swope Trust?
Sheldon Swope Trust's revenue in 2022 was $12,930.
Who are the executives of Sheldon Swope Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $13,064
- Related: $0
- Other: $0
Where can I find the form 990 for Sheldon Swope Trust?
Sheldon Swope Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sheldon Swope Trust
The Sheldon Swope Trust is a charitable organization with a mission to support the Sheldon Swope Art Museum located in Terre Haute, Indiana. Established to provide financial assistance, the Trust makes quarterly distributions of its net income and covers specific expenses related to the museum facility. By doing so, it contributes to the preservation and promotion of artistic and cultural heritage, enriching the local community and visitors alike.
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Impact
October, 2024
The Sheldon Swope Trust plays a vital role in enhancing the cultural landscape of Terre Haute, Indiana, primarily through its ongoing support for the Sheldon Swope Art Museum. By providing quarterly distributions of the Trust's net income, it ensures that the museum can sustain its operations and maintain the quality of its exhibitions. Additionally, the Trust assists in covering certain expenses related to the museum facility, allowing it to focus on its mission of promoting art and culture in the community.
This support directly impacts the availability of artistic experiences for local residents and visitors, fostering a greater appreciation for the arts. The Trust's contributions help the museum to not only preserve and showcase its collections but also to engage with the community through educational programs and events. In doing so, the Sheldon Swope Trust significantly enriches the cultural fabric of Terre Haute and strengthens the community's connection to the arts.
This information is meant to be a general summary of Sheldon Swope Trust. 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: $12,930
- Gross Receipts: $193,985
Assets and Liabilities:
- Total Assets: $1,198,097
- Total Liabilities: $0
- Net Assets: $1,198,097
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Organization Details
Founding Year
1935
Phone
(812) 238-6257Principal Officer
First Financial Bank Na
Main Address
PO Box 540, Terre Haute, IN, 478080540
NTEE Category
Code: A51 - Arts
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