Overview
What is Fort Wayne Museum Of Art Inc?
The Fort Wayne Museum of Art Inc, based in Fort Wayne, Indiana, serves as an educational and enjoyable resource for its constituents. This nonprofit organization, home to a substantial collection of American and related art, takes pride in both preserving these artworks and creating engaging exhibits. By showcasing their own curated exhibits and hosting shows from other institutions, they strive to enrich and educate diverse audiences across the region. With a dedicated workforce of 38 individuals, the Fort Wayne Museum of Art adds value to the lives of its community by engaging and educating them through art.
Official website here: www.fwmoa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Fort Wayne Museum of Art Inc has earned a strong Four-Star rating from Charity Navigator, indicating high performance in accountability and finance. With an impressive Accountability & Finance Score of 97, the organization showcases effective governance and transparency, including having 100% of its board members being independent. It adheres to robust financial practices, as indicated by its excellent scores in financial oversight and material asset management.
The museum demonstrates a commitment to its mission, with a program expense ratio of 65.34%, indicating that a significant portion of its budget is allocated to its programs. Additionally, the fundraising efficiency ratio of $0.11 suggests that the organization efficiently raises funds relative to its expenses. The working capital ratio of 5.06 years further reflects a strong financial position that allows for sustainability.
However, there is room for improvement in its Culture & Community score of 83, which may indicate opportunities for enhancing community engagement and outreach efforts. Overall, the Fort Wayne Museum of Art Inc stands out for its financial health and governance practices, making it a reliable choice for donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Fort Wayne Museum Of Art Inc?
88% of 653 reviewers on Facebook recommend the Fort Wayne Museum of Art Inc. Here is a summary of their reviews:
Many visitors praise the museum for its beautiful art collections and the welcoming nature of the staff. Numerous comments highlight the enjoyable experience of exploring the exhibits, with several reviewers expressing enthusiasm about returning for repeat visits. The friendly atmosphere contributes significantly to their overall satisfaction.
Overall, the general sentiment reflects a positive experience, with attendees appreciating both the artistic offerings and the customer service provided at the museum.
This AI summary has been generated from reviews found on Facebook.
Is Fort Wayne Museum Of Art Inc legitimate?
Fort Wayne Museum Of Art Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Wayne Museum Of Art 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: $212,124
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,135,166
For more financial information, click here
Official website here: www.fwmoa.org
What is the mission statement of Fort Wayne Museum Of Art Inc?
The Fort Wayne Museum of Art's mission is centered around the collection, preservation, and presentation of American and related art. Their primary goal is to engage and educate a broad and diverse audience throughout the region, aiming to add value to their lives. Through curatorial efforts, they acquire, care for, and present works of art, which can range from pieces drawn from their permanent collection to exhibits they've developed themselves or obtained from other institutions.
Official website here: www.fwmoa.org
What is the revenue of Fort Wayne Museum Of Art Inc?
Fort Wayne Museum Of Art Inc's revenue in 2024 was $2,366,079.
Official website here: www.fwmoa.org
Who are the executives of Fort Wayne Museum Of Art Inc and what are their salaries?
The average compensation at Fort Wayne Museum Of Art Inc during 2024 was $35,455. There are 38 employees and 100 volunteers at Fort Wayne Museum Of Art Inc.
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Official website here: www.fwmoa.org
Where can I find the form 990 for Fort Wayne Museum Of Art Inc?
Fort Wayne Museum Of Art Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fwmoa.org
Learn more at the official website: www.fwmoa.org
Mission Statement of Fort Wayne Museum Of Art Inc
The Fort Wayne Museum of Art, as a mission-driven organization, is committed to collecting, preserving, and showcasing American and related art. Its primary goal is to engage and educate a diverse audience across the region. By doing so, the museum aims to add value to their lives. Through its curatorial efforts, it acquires, cares for, and presents works of art from its permanent collection, as well as exhibits it has developed itself. Furthermore, the museum also hosts exhibits created by other institutions, thus offering a broad spectrum of artistic perspectives to its visitors. The Fort Wayne Museum of Art serves as a platform for artistic enrichment and learning, engaging its audience in a meaningful and enjoyable way.
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Impact
October, 2024
The Fort Wayne Museum of Art Inc profoundly enriches the cultural landscape of the region by collecting, preserving, and presenting American and related art. Its mission centers on engaging and educating a diverse audience, fostering a deeper appreciation for art within the community. Through curated exhibitions and a carefully maintained permanent collection, the museum provides invaluable opportunities for education and enjoyment, allowing visitors to explore and connect with artistic expressions.
By showcasing works from both its own collection and traveling exhibits from other institutions, the museum plays a vital role in promoting artistic dialogue and creativity. This engagement not only enhances the cultural fabric of Fort Wayne but also contributes to the overall quality of life for residents and visitors alike. The museum serves as a hub for artistic exploration, making art accessible and meaningful to all, thereby adding significant value to the communities it serves.
This information is meant to be a general summary of Fort Wayne Museum Of Art 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 2024.
- Investment Income: $220,267
- Program Service Revenue: $129,514
- Gross Receipts: $6,208,960
Assets and Liabilities:
- Total Assets: $14,143,825
- Total Liabilities: $148,250
- Net Assets: $13,995,575
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION FEES
Revenue
$103,616
EXHIBITION PARTICIPANT FEES
Revenue
$13,284
EVENT TICKET SALES
Revenue
$10,297
CLASSES AND PROGRAMS
Revenue
$1,329
TOURS AND TRIPS
Revenue
$988
Organization Details
Founding Year
1921
Principal Officer
Charles A Shepard Iii
Website
www.fwmoa.orgNTEE Category
Code: A510 - Arts
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