Overview
What is Motown Historical Museum Inc?
The Motown Historical Museum Inc, located at 2648 WEST GRAND BOULEVARD, Detroit, MI 48208, is a nonprofit organization dedicated to celebrating the iconic Motown legacy and its profound cultural, social, and historical impact. Through its experiential and educational exhibits, the museum engages visitors worldwide, showcasing artifacts, documents, pictures, clothing, and other items that depict and demonstrate the history of this influential musical era. The organization's mission is to protect and preserve Hitsville U.S.A., the birthplace of Motown Records, and preserve the humble beginnings of the artists' collective contribution to the music industry that revolutionized the industry. With a team of 47 dedicated individuals, Motown Historical Museum Inc serves as an essential educational and cultural institution.
Official website here: www.motownmuseum.org
What are the reviews and ratings of this charity?
**Motown Historical Museum Inc: Charity Navigator Rating - 83% (Three-Star out of Four Stars)**
Motown Historical Museum Inc has earned an 83% rating from Charity Navigator, reflecting commendable accountability and finance practices. This score is derived entirely from its Accountability & Finance performance, indicating a strong adherence to financial integrity and governance. A significant portion of their board is independent, promoting oversight and minimizing the risk of conflicts of interest.
The museum excels in various financial metrics, showcasing a low liabilities-to-assets ratio and a high working capital ratio, ensuring financial stability. However, it falls short in certain governance policies, lacking a conflict of interest policy and guidelines for document retention and destruction, which are essential for robust operational practices.
User reviews from GreatNonprofits were not available at this time, limiting insights into community feedback. Overall, while the museum demonstrates reliable financial management, addressing its governance deficiencies could further enhance its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Motown Historical Museum Inc legitimate?
Motown Historical Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Motown Historical Museum 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: $139,038
Professional Fundraising Fees: $0
Other Salaries and Wages: $924,702
For more financial information, click here
Official website here: www.motownmuseum.org
What is the mission statement of Motown Historical Museum Inc?
The Motown Historical Museum Inc's mission is to gather and showcase artifacts, documents, photographs, clothing, and other items that depict and illustrate the history of a significant musical era. The organization aims to preserve the legacy and tradition of this era, making it accessible to the public for educational and experiential celebration. The museum engages visitors globally in an immersive celebration of the iconic Motown legacy and its cultural, social, and historical influence. Notably, they strive to document the humble beginnings of the artists who collectively revolutionized the music industry at Motown Records' birthplace, Hitsville U.S.A.
Official website here: www.motownmuseum.org
Who is the CEO of Motown Historical Museum Inc?
Robin R Terry is the Chair & Ceo of Motown Historical Museum Inc. The CEO's salary of Motown Historical Museum Inc is $109,038 and their total compensation is $109,038.
Official website here: www.motownmuseum.org
What is the revenue of Motown Historical Museum Inc?
Motown Historical Museum Inc's revenue in 2022 was $9,049,070.
Official website here: www.motownmuseum.org
Who are the executives of Motown Historical Museum Inc and what are their salaries?
The average compensation at Motown Historical Museum Inc during 2022 was $22,633. There are 47 employees and 30 volunteers at Motown Historical Museum Inc.
Here are 13 key members and their salaries (Motown Historical Museum Inc's CEO's salary is $109,038 and their total compensation is $109,038):
- Compensation: $109,038
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- Other: $0
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Official website here: www.motownmuseum.org
Where can I find the form 990 for Motown Historical Museum Inc?
Motown Historical Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.motownmuseum.org
Learn more at the official website: www.motownmuseum.org
Mission Statement of Motown Historical Museum Inc
Motown Historical Museum Inc, a renowned institution, is committed to preserving and showcasing the history and legacy of a significant musical era. Through its mission, the museum collects various artifacts, such as documents, objects, pictures, clothing, and memorabilia, that depict and illustrate this musical era. By displaying these items to the public, the museum aims to educate and engage visitors from around the world in an immersive celebration of the iconic Motown legacy. This cultural, social, and historical impact is meticulously documented, providing a glimpse into the humble beginnings of the artists who revolutionized the music industry with their collective contributions. The museum's primary objective is to safeguard Hitsville U.S.A., the birthplace of Motown Records, ensuring the continuity of this musical legacy for generations to come.
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Impact
July, 2024
The Motown Historical Museum Inc, also known as Motown Museum, plays a significant role in preserving and celebrating the iconic Motown legacy. By collecting documents, objects, pictures, clothing, and artifacts related to the musical era of Motown Records, the museum safeguards the history and tradition of a groundbreaking era in music. Through engaging visitors worldwide in an experiential and educational celebration, Motown Museum highlights the cultural, social, and historical impact of Motown's artists and music.
The museum's commitment to protecting and preserving Hitsville U.S.A., the birthplace of Motown Records, serves to document the humble beginnings of the artists who collectively revolutionized the music industry. By sharing this rich history with the public, Motown Museum ensures that future generations can appreciate and learn from this influential period in music. Through its activities, Motown Museum not only honors the past but also inspires and educates present and future music enthusiasts about the enduring legacy of Motown.
This information is meant to be a general summary of Motown Historical Museum 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: $83,869
- Program Service Revenue: $190,860
- Gross Receipts: $9,228,558
Assets and Liabilities:
- Total Assets: $42,816,147
- Total Liabilities: $1,892,722
- Net Assets: $40,923,425
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSEUM TOUR ADMISSIONS
Revenue
$190,860
Organization Details
Founding Year
1985
Phone
(313) 875-2264Principal Officer
Robin R Terry
Main Address
2648 WEST GRAND BOULEVARD, DETROIT, MI, 482081237
Website
www.motownmuseum.orgNTEE Category
Code: A540 - Arts
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