Overview
What is Grand Rapids Public Museum Foundation?
The Grand Rapids Public Museum Foundation is a dedicated nonprofit organization situated in Grand Rapids, Michigan. Its primary role is to provide financial backing for the educational programming, exhibits, and operations of the Grand Rapids Public Museum. The foundation acts as a fundraising entity, ensuring the museum's continued success in sharing diverse global stories and experiences through unique Grand Rapids perspectives. The foundation's mission is to enrich the local community by supporting the museum's educational initiatives, exhibits, and daily operations.
Official website here: www.grpm.org
What are the reviews and ratings of this charity?
97% rating from Charity Navigator indicates that the Grand Rapids Public Museum Foundation has achieved a Four-Star out of Four Star rating, which signifies exceptional performance in accountability and finance. This high score reflects a commitment to transparency and effective financial management, demonstrating that the organization is well-equipped to handle the donations it receives.
The foundation excels in various financial metrics, with a program expense ratio of 69.64%, showcasing its dedication to allocating funds towards its mission. Additionally, its strong fundraising efficiency ratio of $0.14 highlights the organization's ability to raise funds with minimal expense, which is a positive indicator for potential donors. The independent governance structure, with a majority of board members being independent, further strengthens its credibility and oversight.
However, the summary does not indicate any limitations or areas requiring improvement, which suggests that the foundation is operating effectively within its financial and organizational practices. Overall, the Grand Rapids Public Museum Foundation appears to be a reliable and well-managed nonprofit with a strong track record in accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Grand Rapids Public Museum Foundation legitimate?
Grand Rapids Public Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Rapids Public Museum Foundation 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: $80,600
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.grpm.org
What is the mission statement of Grand Rapids Public Museum Foundation?
The Grand Rapids Public Museum Foundation serves as the fundraising entity to support the educational programming, exhibits, and operations of the Grand Rapids Public Museum. Its mission is to raise funds to enhance the museum's educational initiatives, displays, and daily operations. The foundation provides financial backing for the Grand Rapids Public Museum, which offers interpretive spaces and interactive programming designed to share stories and experiences of the wider world through a uniquely Grand Rapids perspective. The foundation's role is crucial in ensuring the museum can continue its mission of engaging and educating the public.
Official website here: www.grpm.org
Who is the CEO of Grand Rapids Public Museum Foundation?
Dale Robertson is the President/Ceo of Grand Rapids Public Museum Foundation. The CEO's salary of Grand Rapids Public Museum Foundation is $0 and their total compensation is $211,712.
Official website here: www.grpm.org
What is the revenue of Grand Rapids Public Museum Foundation?
Grand Rapids Public Museum Foundation's revenue in 2022 was $3,228,941.
Official website here: www.grpm.org
Who are the executives of Grand Rapids Public Museum Foundation and what are their salaries?
There 45 volunteers at Grand Rapids Public Museum Foundation.
Here are 25 key members and their salaries (Grand Rapids Public Museum Foundation's CEO's salary is $0 and their total compensation is $211,712):
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- Related: $106,780
- Other: $14,324
Official website here: www.grpm.org
Where can I find the form 990 for Grand Rapids Public Museum Foundation?
Grand Rapids Public Museum Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.grpm.org
Learn more at the official website: www.grpm.org
Mission Statement of Grand Rapids Public Museum Foundation
The Grand Rapids Public Museum Foundation serves as the fundraising entity, contributing financially to the educational programming, exhibits, and operations of the Grand Rapids Public Museum. This nonprofit organization's mission is to support the Grand Rapids Public Museum, enabling it to share diverse stories and experiences from around the world through unique interpretive spaces and interactive programming. The Grand Rapids Public Museum Foundation plays a crucial role in ensuring the museum's continued success in educating and engaging the public, offering an engaging and enlightening experience that is distinctive to Grand Rapids.
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Impact
July, 2024
The Grand Rapids Public Museum Foundation plays a crucial role in providing financial support for the educational programming, exhibits, and operations of the Grand Rapids Public Museum. Through its fundraising efforts, the foundation enables the museum to offer interpretive spaces and interactive programming that shares the stories and experiences of the wider world through a uniquely Grand Rapids lens. This support helps the museum fulfill its mission of serving the public and promoting arts and cultural education in the community.
This information is meant to be a general summary of Grand Rapids Public Museum Foundation. 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: $965,953
- Gross Receipts: $17,121,655
Assets and Liabilities:
- Total Assets: $47,162,560
- Total Liabilities: $595,469
- Net Assets: $46,567,091
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Organization Details
Founding Year
1988
Phone
(616) 929-1700Principal Officer
Dale Robertson
Main Address
272 PEARL NW, GRAND RAPIDS, MI, 49504
Website
www.grpm.orgNTEE Category
Code: A50 - Arts
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