Overview
What is Muskegon Museum Of Art Foundation?
The Muskegon Museum of Art Foundation is a prominent nonprofit organization situated in Muskegon, Michigan, specifically at 296 W Webster Avenue. Its primary mission is to foster an appreciation and understanding of fine art among the citizens of Muskegon County and the wider West Michigan region. To achieve this, the foundation maintains a curated collection, conducting research and overseeing its management, while also acquiring new pieces that contribute to the collection's diversity and align with its mission. The museum showcases its collection through rotating exhibitions, providing a platform to celebrate and expand the understanding of its art. Educational programs are another crucial aspect of the foundation's activities, aimed at engaging various audiences, building membership, and promoting creativity. These programs provide opportunities for learning and interaction with the art, strengthening the museum's connection with the community. The foundation also takes care of its historic 1912 building, ensuring its preservation through custodial and maintenance functions. Lastly, the foundation operates a gift shop, offering artist consignment goods, related books, and merchandise related to the permanent collection and temporary exhibitions. The museum's foundation employs 31 individuals, dedicated to fulfilling its mission of promoting art appreciation and education in the region.
Official website here: www.muskegonartmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
The Muskegon Museum Of Art Foundation has achieved an impressive 97% rating from Charity Navigator, reflecting its strong performance in accountability and financial management. This high score is particularly significant as it indicates the organization operates with transparency and adheres to best practices in governance. The foundation has a fully independent board, which enhances its decision-making processes and overall integrity.
Strengths identified in the assessment include a robust program expense ratio of 73.20%, suggesting that a substantial portion of its resources is dedicated to its mission-driven activities rather than administrative costs. Additionally, the foundation demonstrates exceptional fundraising efficiency, with only $0.02 spent on fundraising for every dollar raised. This efficiency, combined with a low liabilities-to-assets ratio of 2.94%, indicates a stable financial position.
While the foundation's performance metrics are commendable, potential donors should continually review its ongoing activities and updates. The organization maintains comprehensive policies on conflicts of interest and whistleblower protections, which support ethical operations. Overall, the Muskegon Museum Of Art Foundation exemplifies a well-managed nonprofit committed to its mission and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Muskegon Museum Of Art Foundation legitimate?
Muskegon Museum Of Art Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Muskegon Museum Of Art 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: $94,274
Professional Fundraising Fees: $0
Other Salaries and Wages: $631,695
For more financial information, click here
Official website here: www.muskegonartmuseum.org
What is the mission statement of Muskegon Museum Of Art Foundation?
The Muskegon Museum of Art Foundation, being a not-for-profit organization, is dedicated to promoting understanding, education, and enjoyment of fine art. Its primary purpose is to cater to the citizens of Muskegon County and the wider West Michigan community. The foundation achieves this mission by curating, preserving, and interpreting its art collections, ensuring they benefit future generations. It also features both permanent and temporary exhibitions, celebrating and expanding the understanding of its collections. The educational programs developed by the museum are instrumental in providing opportunities for engagement, fostering creativity, and contributing to community enrichment. The foundation is committed to its role as a steward of its historic building, ensuring its upkeep and security. Additionally, it operates a gift shop carrying art-related products and books.
Official website here: www.muskegonartmuseum.org
Who is the CEO of Muskegon Museum Of Art Foundation?
Frank Bednarek is the Chairman of Muskegon Museum Of Art Foundation.
Official website here: www.muskegonartmuseum.org
What is the revenue of Muskegon Museum Of Art Foundation?
Muskegon Museum Of Art Foundation's revenue in 2022 was $6,428,246.
Official website here: www.muskegonartmuseum.org
Who are the executives of Muskegon Museum Of Art Foundation and what are their salaries?
The average compensation at Muskegon Museum Of Art Foundation during 2022 was $23,418. There are 31 employees and 80 volunteers at Muskegon Museum Of Art Foundation.
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Official website here: www.muskegonartmuseum.org
Where can I find the form 990 for Muskegon Museum Of Art Foundation?
Muskegon Museum Of Art Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.muskegonartmuseum.org
Learn more at the official website: www.muskegonartmuseum.org
Mission Statement of Muskegon Museum Of Art Foundation
The Muskegon Museum of Art Foundation is a not-for-profit organization with a mission to promote understanding, education, and enjoyment of fine art among the citizens of Muskegon County and the wider West Michigan community. This mission is pursued through various program services, the primary focus being on collections, exhibitions, education, facilities, and a gift shop.
In terms of collections, the Muskegon Museum of Art is committed to collecting, preserving, and interpreting its art collections for future generations. This process involves curatorial research, collections management, and acquisition and deaccession activities. New acquisitions are made to enhance the current collection and align with the institution's mission.
The museum's exhibition program is dedicated to the continuous and rotating display of both permanent collections and temporary exhibitions. These exhibitions serve to celebrate and expand the understanding of the museum's permanent collection, reinforce its value, build supporting scholarship, and demonstrate links between the past and present.
The educational programs developed by the Muskegon Museum of Art are a critical tool for achieving its mission goals. These programs provide educational opportunities and engagement, build an environment for creative expression and stimulation, and contribute to community enrichment. They also facilitate a strong museum connection with the region, build membership, increase community involvement, and provide accessibility to a wide range of groups, ages, and cultures.
In addition to these main programs, the Muskegon Museum of Art is committed to its role as steward and caretaker of the historic 1912 building in which it is located. This includes custodial and maintenance functions, as well as security costs associated with protecting both the art and the facility in a safe and protective manner. Lastly, the museum operates a gift shop that carries artist consignment goods, products, and books related to the permanent collection and temporary exhibitions.
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Impact
July, 2024
The Muskegon Museum of Art Foundation plays a crucial role in promoting understanding, education, and enjoyment of fine art to the citizens of Muskegon County and all of West Michigan. Through its various program services, such as collections management, exhibitions, education programs, and the operation of a gift shop, the foundation enhances the cultural experience of the community and contributes to community enrichment. By providing access to a wide range of groups, ages, and cultures, the foundation fosters creativity, engagement, and a deeper connection to the arts. The Muskegon Museum of Art Foundation's impact extends beyond the walls of the museum, as it serves as a hub for artistic expression and scholarship, reinforcing the value of art and its significance in both the past and the present.
This information is meant to be a general summary of Muskegon Museum Of Art 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: -$74,246
- Program Service Revenue: $309,892
- Gross Receipts: $6,670,322
Assets and Liabilities:
- Total Assets: $15,356,338
- Total Liabilities: $302,249
- Net Assets: $15,054,089
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP
Revenue
$184,756
ADMISSION FEES
Revenue
$52,895
OTHER REVENUE
Revenue
$29,209
MEMBERSHIP
Revenue
$22,853
ARTIST ENTRY FEES
Revenue
$11,679
Organization Details
Founding Year
1984
Phone
(231) 720-2573Principal Officer
Frank Bednarek
Main Address
296 W WEBSTER AVENUE, MUSKEGON, MI, 49440
Website
www.muskegonartmuseum.orgNTEE Category
Code: T31 - Philanthropy
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