Overview
What is Art Museum Of Greater Lafayette Inc?
Art Museum of Greater Lafayette Inc, situated in Lafayette, Indiana, serves as a vibrant hub for art enthusiasts in the community. This nonprofit organization, with a team of 12 dedicated individuals, focuses on the acquisition, preservation, and exhibition of various artworks. Their mission is to stimulate and nurture interest in art by offering a diverse range of programs and classes, including lectures, instruction, and social activities. By showcasing art collections and hosting exhibitions, the museum aims to foster and promote artistic appreciation within their local community.
Official website here: www.artlafayette.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement) - Score: 73%
The Art Museum of Greater Lafayette Inc has received a two-star rating from Charity Navigator, indicating that the organization has room for improvement. While it has a solid accountability and finance score of 73%, it excels in areas such as having a fully independent board and a strong program expense ratio of 75.30%, showcasing a commitment to its mission through effective program expenditures.
However, the organization has notable limitations, particularly in governance policies. The absence of a whistleblower policy and a document retention and destruction policy may raise concerns regarding transparency and oversight. Additionally, while the museum does maintain thorough meeting minutes and has no material diversion of assets, these gaps in policy could hinder its overall accountability framework.
Overall, while the Art Museum of Greater Lafayette demonstrates strengths in financial management and governance structure, addressing the missing policies could enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Art Museum Of Greater Lafayette Inc legitimate?
Art Museum Of Greater Lafayette Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Art Museum Of Greater Lafayette 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: $71,860
Professional Fundraising Fees: $10,833
Other Salaries and Wages: $147,575
For more financial information, click here
Official website here: www.artlafayette.org
What is the mission statement of Art Museum Of Greater Lafayette Inc?
The Art Museum of Greater Lafayette Inc serves as a hub to stimulate interest in art within its community. It achieves this mission by curating art collections, hosting exhibitions, organizing lectures, providing instruction, and facilitating social activities. The museum's purpose is to preserve works of art and offer art education through various classes and programs. In essence, it aims to foster an appreciation for art and make it accessible to its community.
Official website here: www.artlafayette.org
Who is the CEO of Art Museum Of Greater Lafayette Inc?
Brittany Jones is the Executive Di of Art Museum Of Greater Lafayette Inc.
Official website here: www.artlafayette.org
What is the revenue of Art Museum Of Greater Lafayette Inc?
Art Museum Of Greater Lafayette Inc's revenue in 2022 was $568,503.
Official website here: www.artlafayette.org
Who are the executives of Art Museum Of Greater Lafayette Inc and what are their salaries?
The average compensation at Art Museum Of Greater Lafayette Inc during 2022 was $18,286. There are 12 employees and 165 volunteers at Art Museum Of Greater Lafayette Inc.
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Official website here: www.artlafayette.org
Where can I find the form 990 for Art Museum Of Greater Lafayette Inc?
Art Museum Of Greater Lafayette Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.artlafayette.org
Learn more at the official website: www.artlafayette.org
Mission Statement of Art Museum Of Greater Lafayette Inc
The Art Museum of Greater Lafayette Inc serves as a hub, promoting, fostering, and encouraging an appreciation for art within its community. This is achieved through various means, including the curation and display of art collections, organizing exhibitions, hosting lectures, offering instructional programs, and facilitating social activities. The mission of this nonprofit is to create a vibrant space that stimulates interest in art, thereby enriching the cultural landscape of the community. By providing these diverse offerings, the Art Museum of Greater Lafayette Inc plays a pivotal role in preserving works of art and nurturing the artistic talents of its community members.
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Impact
July, 2024
The Art Museum Of Greater Lafayette Inc plays a crucial role in promoting, fostering, and encouraging interest in art within the Lafayette, Indiana community. By providing a center dedicated to art collections, exhibitions, lectures, instruction, and social activities, the museum enriches the cultural landscape of the area. Through its acquisition, preservation, and display of works of art, as well as its diverse art education programs, the museum enhances the community's access to and engagement with art. Its mission to be a hub for artistic expression and appreciation contributes significantly to the cultural vibrancy and educational opportunities available in Lafayette.
This information is meant to be a general summary of Art Museum Of Greater Lafayette 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: $107
- Program Service Revenue: $63,658
- Gross Receipts: $598,435
Assets and Liabilities:
- Total Assets: $684,822
- Total Liabilities: $20,485
- Net Assets: $664,337
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION INCOME
Revenue
$62,386
MONTHLY MEETINGS/LUNCHEONS AR
Revenue
$1,164
OTHER ACTIVITIES INCOME - ART
Revenue
$108
Organization Details
Founding Year
1952
Phone
(765) 742-1128Principal Officer
Brittany Jones
Main Address
102 SOUTH 10TH STREET, LAFAYETTE, IN, 47905
Website
www.artlafayette.orgNTEE Category
Code: A510 - Arts
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