Overview
What is National Museum Of Polo & Hall Of Fame?
The National Museum of Polo & Hall of Fame is a nonprofit institution situated in Lake Worth Beach, Florida, specifically at 9011 Lake Worth Road. Its primary objective is to serve as a hub of education and knowledge for the sport of polo. The museum houses an array of memorabilia, art, and artifacts related to polo, showcasing the rich history and heritage of the sport. The establishment also honors its notable figures through its Hall of Fame. All its operational expenses are dedicated to maintaining and running this headquarters, thereby ensuring the preservation and promotion of polo culture. The museum employs a small team of four dedicated individuals to carry out its mission.
Official website here: www.polomuseum.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating. The National Museum Of Polo & Hall Of Fame has achieved a solid overall score of 88%, primarily reflecting its accountability and finance practices. This rating indicates a commendable level of transparency and financial health within the organization, which is essential for building trust among donors and stakeholders.
The nonprofit demonstrates strong governance, with 93% of its board members being independent and a significant focus on fiscal responsibility, evidenced by a low liabilities-to-assets ratio of 0.23%. Additionally, the museum allocates a high percentage of its expenses to programs, with nearly 70% of spending directed towards its mission-related activities. However, the organization has been noted for lacking certain policies that are critical for comprehensive governance, including a whistleblower policy and document retention and destruction policies.
Despite these limitations, the museum maintains effective audit and oversight measures, as well as proper documentation of board meeting minutes and conflict of interest policies. Overall, while the organization shows strong financial practices and governance, addressing the gaps in policy documentation could further enhance its accountability and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is National Museum Of Polo & Hall Of Fame legitimate?
National Museum Of Polo & Hall Of Fame is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Museum Of Polo & Hall Of Fame 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: $57,039
Professional Fundraising Fees: $0
Other Salaries and Wages: $113,211
For more financial information, click here
Official website here: www.polomuseum.com
What is the mission statement of National Museum Of Polo & Hall Of Fame?
The National Museum of Polo & Hall of Fame's mission is centered around operating a museum dedicated to the sport of polo. It serves as a hub for showcasing Polo memorabilia, art, and artifacts. The primary objective is to provide an educational center, fostering a deep understanding of the sport. The museum aims to serve as a repository of knowledge for polo, honoring its heroes in the Hall of Fame.
Official website here: www.polomuseum.com
Who is the CEO of National Museum Of Polo & Hall Of Fame?
George J Dupont is the Ex.Director/ Vp of National Museum Of Polo & Hall Of Fame.
Official website here: www.polomuseum.com
What is the revenue of National Museum Of Polo & Hall Of Fame?
National Museum Of Polo & Hall Of Fame's revenue in 2022 was $1,693,666.
Official website here: www.polomuseum.com
Who are the executives of National Museum Of Polo & Hall Of Fame and what are their salaries?
The average compensation at National Museum Of Polo & Hall Of Fame during 2022 was $42,562. There are 4 employees and 2 volunteers at National Museum Of Polo & Hall Of Fame.
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Official website here: www.polomuseum.com
Where can I find the form 990 for National Museum Of Polo & Hall Of Fame?
National Museum Of Polo & Hall Of Fame's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.polomuseum.com
Learn more at the official website: www.polomuseum.com
Mission Statement of National Museum Of Polo & Hall Of Fame
The National Museum of Polo & Hall of Fame is dedicated to serving as a hub of education and knowledge for the sport of polo. This esteemed institution houses a vast collection of memorabilia, art, and artifacts related to the sport, offering visitors an immersive and informative experience. Its primary mission is to operate a museum that celebrates the history and culture of polo, honoring the heroes of the sport in its Hall of Fame. The National Museum of Polo & Hall of Fame serves as a valuable resource for anyone interested in polo, providing a wealth of information and insights into the sport's rich history and traditions.
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Impact
October, 2024
The National Museum of Polo & Hall of Fame serves as a vital cultural and educational hub for the sport of polo. Located in Lake Worth Beach, Florida, it showcases a rich collection of polo memorabilia, art, and artifacts that celebrate the history and evolution of the sport. By preserving and displaying these items, the museum fosters appreciation for polo, allowing visitors to connect with its heritage and significant figures.
It actively contributes to the broader understanding of polo by providing resources and programs that educate the public about the sport's rules, history, and prominent players. The Hall of Fame honors the achievements of polo's heroes, inspiring future generations to engage with this unique athletic pursuit. Overall, the museum not only enriches the local community's cultural landscape but also functions as a national reference point for polo enthusiasts, historians, and anyone interested in learning about this dynamic sport.
This information is meant to be a general summary of National Museum Of Polo & Hall Of Fame. 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: $174,534
- Gross Receipts: $2,222,597
Assets and Liabilities:
- Total Assets: $9,522,405
- Total Liabilities: $30,764
- Net Assets: $9,491,641
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Organization Details
Founding Year
1984
Phone
(561) 969-3210Principal Officer
George J Dupont
Main Address
9011 Lake Worth Road, Lake Worth Beach, FL, 33467
Website
www.polomuseum.comNTEE Category
Code: A500 - Arts
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