Overview
What is Grand Rapids Art Museum Foundation?
The Grand Rapids Art Museum Foundation is a nonprofit organization situated in Grand Rapids, Michigan. Its main mission is to provide financial support for the Grand Rapids Art Museum's operations and special projects. Established to receive and manage donations, the foundation invests their collected funds according to donor restrictions, with the income derived utilized to bolster the museum's functions. The foundation's activities contribute significantly to the Grand Rapids Art Museum, ensuring its continued operation and development of unique projects.
Is Grand Rapids Art Museum Foundation legitimate?
Grand Rapids Art Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Rapids Art 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: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Grand Rapids Art Museum Foundation?
The Grand Rapids Art Museum Foundation's mission is centered around providing financial support for the operations and special projects of the Grand Rapids Art Museum. Established to gather contributions of various types, the foundation invests the principal of these gifts and uses the income derived from investments to sustain the museum's operations. The foundation adheres to donor restrictions, ensuring that the funds are utilized in alignment with the Grand Rapids Art Museum's principles, objectives, and programs. In essence, the Grand Rapids Art Museum Foundation serves as a financial backbone, aiding the museum in its operational and project-related endeavors.
Who is the CEO of Grand Rapids Art Museum Foundation?
Cindy Foley is the President of Grand Rapids Art Museum Foundation. The CEO's salary of Grand Rapids Art Museum Foundation is $0 and their total compensation is $0.
What is the revenue of Grand Rapids Art Museum Foundation?
Grand Rapids Art Museum Foundation's revenue in 2022 was $953,673.
Who are the executives of Grand Rapids Art Museum Foundation and what are their salaries?
There 7 volunteers at Grand Rapids Art Museum Foundation.
Here are 9 key members and their salaries (Grand Rapids Art Museum Foundation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Grand Rapids Art Museum Foundation?
Grand Rapids Art Museum Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Grand Rapids Art Museum Foundation
The Grand Rapids Art Museum Foundation's mission is centered around providing financial support for the operations and special projects of the Grand Rapids Art Museum. Established to gather contributions of various kinds, both real and personal, this foundation invests the principal of these donations and uses the income derived from these investments to sustain the museum's operations. The foundation's activities are guided by the principles, objectives, and programs of the Grand Rapids Art Museum, ensuring that all support provided contributes positively to the museum's growth and success.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Grand Rapids Art Museum Foundation plays a vital role in ensuring the vibrancy and sustainability of the Grand Rapids Art Museum. By providing essential financial support for the museum's operations and special projects, the foundation enhances the cultural landscape of Grand Rapids, Michigan.
It generates and receives contributions, managing these assets in ways that uphold the principles and objectives of the museum. The foundation's efforts allow the museum to thrive by ensuring resources are available for various programs, exhibitions, and educational initiatives that benefit the community. With a commitment to honoring donor restrictions, the foundation invests contributions wisely, directing the income derived from these investments to support the museum’s ongoing mission. The impact is felt not only in the enhanced visitor experience but also in the museum’s ability to enrich the local arts scene and engage with the community.
This information is meant to be a general summary of Grand Rapids Art 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: $900,046
- Gross Receipts: $3,115,960
Assets and Liabilities:
- Total Assets: $21,257,299
- Total Liabilities: $38,947
- Net Assets: $21,218,352
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1991
Phone
(616) 831-2904Principal Officer
Cindy Foley
Main Address
101 MONROE CENTER, GRAND RAPIDS, MI, 49503
NTEE Category
Code: A115 - Arts
If you are a representative of Grand Rapids Art Museum Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.