Overview
What is Lizzadro Museum Of Lapidary Arts?
The Lizzadro Museum of Lapidary Arts, situated in Oak Brook, Illinois, is a distinguished nonprofit institution dedicated to promoting and showcasing the art of lapidary. With a team of ten dedicated individuals, the museum offers a range of educational programs that cater to both children and adults, attracting over 37,589 visitors annually, either on-site or through virtual means. The museum collaborates with community organizations to provide cultural and educational events for the public. In addition, the Lizzadro Museum hosts temporary special exhibits, such as 'The Artful Soul of Faust' and 'On the Cutting Edge: Contemporary Gemstone Sculpture,' showcasing the works of various artists. The museum's primary mission involves operating an art museum, preserving, studying, and exhibiting precious and non-precious gemstones, ceramics, and other artistic objects, while educating the public about their collection.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating. The rating indicates that the Lizzadro Museum Of Lapidary Arts meets some standards of accountability and transparency but has significant areas requiring improvement. A score of 71 suggests that while the organization demonstrates some financial health, it lacks vital governance structures.
The museum's financial statements indicate good oversight, with a perfect score in audit practices and a strong liabilities to assets ratio. However, it falls short in governance, as evidenced by the absence of independent board members and a lack of essential policies such as conflict of interest and whistleblower protections. The failure to publish several important documents on its website further detracts from its transparency.
Overall, while the Lizzadro Museum has strategies for financial management, its governance practices need serious enhancement to improve its rating and public trust. Enhanced board independence and the implementation of key policies would provide a stronger framework for accountability and could lead to improved ratings in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Lizzadro Museum Of Lapidary Arts legitimate?
Lizzadro Museum Of Lapidary Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lizzadro Museum Of Lapidary Arts 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,639
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What is the mission statement of Lizzadro Museum Of Lapidary Arts?
The Lizzadro Museum of Lapidary Arts is dedicated to operating an art museum, focusing on the preservation, study, and exhibition of various types of art pieces, including precious and non-precious gemstones, dioramas, jade carvings, and various rock minerals and fossils. Its primary objective is to educate the public about its art collection, promoting a deeper understanding and appreciation of these artistic creations. The museum serves as a valuable resource for art enthusiasts, providing them with an opportunity to gain knowledge and insights into the world of lapidary arts.
Who is the CEO of Lizzadro Museum Of Lapidary Arts?
Unavailable
What is the revenue of Lizzadro Museum Of Lapidary Arts?
Lizzadro Museum Of Lapidary Arts's revenue in 2022 was $698,520.
Who are the executives of Lizzadro Museum Of Lapidary Arts and what are their salaries?
The average compensation at Lizzadro Museum Of Lapidary Arts during 2022 was $6,264. There are 10 employees at Lizzadro Museum Of Lapidary Arts.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Lizzadro Museum Of Lapidary Arts?
Lizzadro Museum Of Lapidary Arts's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lizzadro Museum Of Lapidary Arts
The Lizzadro Museum of Lapidary Arts is dedicated to operating a museum that showcases a diverse collection of precious and non-precious gemstones, ceramics, and other artistic objects. Its primary mission is to preserve, study, and exhibit these items, aiming to educate the public about their artistic value and significance. The museum's collection includes dioramas, jade carvings, various rock minerals, and fossils, providing a captivating display of natural and artistic beauty. The Lizzadro Museum of Lapidary Arts seeks to share this knowledge with the public, fostering a deeper appreciation for these unique and intriguing artifacts.
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Impact
July, 2024
The Lizzadro Museum of Lapidary Arts has a significant impact on the community by promoting the lapidary art through various educational programs and exhibitions. This museum provides a platform for the collection, care, study, and exhibition of precious and non-precious gems, ceramics, and other art objects. With over 37,589 children and adults visiting the museum annually either on-site or through virtual programming, it plays a crucial role in educating the public about the museum's diverse art collection, which includes gemstones, dioramas, jade carvings, and various rock minerals and fossils.
The museum's outreach efforts extend beyond its walls, as it collaborates with community organizations to offer cultural and educational programs for the public. By providing free admission every Wednesday, the museum ensures accessibility to a wider audience, fostering a deeper appreciation for lapidary arts and cultural heritage. Additionally, the temporary special exhibits hosted by the museum, such as "The Artful Soul of Faust" and "On the Cutting Edge: Contemporary Gemstone Sculpture," showcase diverse artistic expressions and attract visitors from different backgrounds.
Overall, the Lizzadro Museum of Lapidary Arts serves as a valuable cultural and educational institution, enriching the community through its exhibitions, programs, and dedication to preserving and promoting the lapidary arts.
This information is meant to be a general summary of Lizzadro Museum Of Lapidary Arts. 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: $15,167
- Program Service Revenue: $114,447
- Gross Receipts: $862,930
Assets and Liabilities:
- Total Assets: $4,008,677
- Total Liabilities: $19,562
- Net Assets: $3,989,115
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$106,560
FIELD TRIPS
Revenue
$4,987
RENTAL INCOME
Revenue
$2,900
Organization Details
Founding Year
1961
Phone
(630) 571-7200Main Address
1220 KENSINGTON ROAD SUITE 100, OAK BROOK, IL, 605232113
NTEE Category
Code: A50 - Arts
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