Overview
What is South Bend Museum Of Art?
The South Bend Museum of Art, located at 120 S Dr. Martin Luther King Jr. Blvd, South Bend, IN, 46601, is a nonprofit organization dedicated to fostering an appreciation for art within the community of South Bend, St. Joseph County, and surrounding areas. With a team of 62 dedicated individuals, the museum's primary mission is to promote and advance art education. This is accomplished through various initiatives, including museum operations that cater to the community's artistic growth and development. The museum's activities are geared towards enhancing the local cultural scene, thereby contributing to the city's artistic enrichment.
Official website here: www.southbendart.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The South Bend Museum of Art has received a Three-Star rating from Charity Navigator, reflecting a solid score of 82%. This rating is based solely on the Accountability & Finance category, indicating the organization's transparency and financial health, particularly in oversight and governance practices. The museum boasts a fully independent board and has earned top marks for its conflict of interest and whistleblower policies, demonstrating strong ethical standards.
One of the notable strengths of the museum is its effective governance structure, with 100% of its board members being independent. The organization maintains rigorous oversight over its financial practices, which is evidenced by a perfect score in audit and oversight committee evaluations. Additionally, the museum's liabilities to assets ratio is low at 4.26%, highlighting its financial stability and prudent management.
However, while the museum's program expense ratio stands at 58.96%, it falls short of the optimal benchmark. This suggests that a smaller portion of expenses is allocated directly to its programs compared to its total expenditures. Overall, the South Bend Museum of Art demonstrates strong accountability and financial management, but there may be opportunities to enhance its direct programmatic spending.
This AI summary has been generated from information found on Charity Navigator.
Is South Bend Museum Of Art legitimate?
South Bend Museum Of Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Bend Museum Of Art 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: $40,087
Professional Fundraising Fees: $0
Other Salaries and Wages: $599,218
For more financial information, click here
Official website here: www.southbendart.org
What is the mission statement of South Bend Museum Of Art?
The South Bend Museum of Art is committed to fostering the education and advancement of art within its local community, including South Bend, St. Joseph County, and surrounding areas. This mission is carried out through various activities, primarily focused on membership and museum operations. The goal is to increase the community's appreciation for art, promoting a deeper understanding and enjoyment of this artistic medium.
Official website here: www.southbendart.org
Who is the CEO of South Bend Museum Of Art?
Lisa Shaffer is the Executive Di of South Bend Museum Of Art.
Official website here: www.southbendart.org
What is the revenue of South Bend Museum Of Art?
South Bend Museum Of Art's revenue in 2022 was $1,443,788.
Official website here: www.southbendart.org
Who are the executives of South Bend Museum Of Art and what are their salaries?
The average compensation at South Bend Museum Of Art during 2022 was $10,311. There are 62 employees and 200 volunteers at South Bend Museum Of Art.
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Official website here: www.southbendart.org
Where can I find the form 990 for South Bend Museum Of Art?
South Bend Museum Of Art's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southbendart.org
Learn more at the official website: www.southbendart.org
Mission Statement of South Bend Museum Of Art
The South Bend Museum of Art is committed to fostering the growth and understanding of art within the city of South Bend, St. Joseph County, and surrounding areas. This nonprofit organization's mission is centered around promoting education and advancing art, striving to enrich the community with an appreciation for artistic expression. Through their membership and museum operations, the South Bend Museum of Art endeavors to fulfill this mission, providing opportunities for individuals to engage with and learn from various art forms.
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Impact
October, 2024
The South Bend Museum of Art significantly enhances the cultural landscape of South Bend, St. Joseph County, and surrounding areas by promoting education and appreciation for the arts. Through its diverse programming and engaging exhibitions, the museum fosters a deeper understanding of art, inspiring creativity and dialogue within the community. By providing access to various artistic expressions and educational opportunities, it cultivates a rich cultural environment that encourages personal growth and community engagement. The museum serves as a vital resource for artists, students, and art enthusiasts, strengthening the local arts scene and enriching the community's quality of life.
This information is meant to be a general summary of South Bend Museum Of Art. 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: $12,908
- Program Service Revenue: $490,943
- Gross Receipts: $2,031,350
Assets and Liabilities:
- Total Assets: $2,851,913
- Total Liabilities: $130,695
- Net Assets: $2,721,218
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL APPROPRIATIONS
Revenue
$306,546
TUITION & FEES
Revenue
$107,612
APPROPRIATION SOUTH BEND
Revenue
$65,000
MEMBERSHIP ACTIVITIES
Revenue
$7,000
AUXILIARY & GALLERY INCOM
Revenue
$4,785
Organization Details
Founding Year
1947
Phone
(574) 235-9102Principal Officer
Lisa Shaffer
Main Address
120 S DRMARTIN LUTHER KING JRBLVD, SOUTH BEND, IN, 46601
Website
www.southbendart.orgNTEE Category
Code: A510 - Arts
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