Overview
What is Milwaukee Art Museum Inc?
The Milwaukee Art Museum Inc, based in Milwaukee, Wisconsin, is a vibrant cultural institution dedicated to inspiring and educating the local community and beyond. By collecting, preserving, and exhibiting art, the museum nurtures a diverse artistic identity in the greater Milwaukee area and Wisconsin. In addition to showcasing intriguing exhibitions like those by Pauline Parker and An-My Le, the organization supports emerging artists and offers family-friendly educational programs. The museum's commitment extends to preserving architectural gems like the Calatrava Addition and cooperating with public entities on various projects. With a team of 234 employees, the Milwaukee Art Museum is a significant contributor to the cultural landscape of Wisconsin.
Official website here: www.mam.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star rating
Milwaukee Art Museum Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 100% in this category, signifying high transparency and responsible financial management. The metrics indicate a well-structured governance framework, including a fully independent board, which enhances its credibility.
The museum demonstrates exceptional operational efficiency, with a program expense ratio of 73.48%, meaning a significant portion of its funds goes directly towards its mission-driven activities. Additionally, its fundraising efficiency is notable, with just $0.10 spent to raise each dollar, indicating effective fundraising strategies.
There are no reported concerns regarding financial practices, such as material diversion of assets or loans to/from officers, reinforcing the organization's integrity. Overall, Milwaukee Art Museum Inc stands out as a model for nonprofit accountability and financial health, making it a trustworthy choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Milwaukee Art Museum Inc legitimate?
Milwaukee Art Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Milwaukee Art 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: $1,205,438
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,433,277
For more financial information, click here
Official website here: www.mam.org
What is the mission statement of Milwaukee Art Museum Inc?
The Milwaukee Art Museum is dedicated to inspiring and educating individuals in the greater community and beyond by collecting, preserving, and exhibiting art. The organization expands and diversifies the local artistic and cultural identity through its extensive collection and educational programs. It encourages the development of the arts by supporting emerging artists and offering family-friendly educational opportunities. The museum is committed to preserving the Calatrava Addition and cooperating with public entities to utilize various buildings and city lands. Its mission is to enrich the community through art and art history, fostering a vibrant and creative environment.
Official website here: www.mam.org
Who is the CEO of Milwaukee Art Museum Inc?
Marcelle Polednik is the Donna & Donald Baumgartner Director of Milwaukee Art Museum Inc.
Official website here: www.mam.org
What is the revenue of Milwaukee Art Museum Inc?
Milwaukee Art Museum Inc's revenue in 2022 was $18,661,331.
Official website here: www.mam.org
Who are the executives of Milwaukee Art Museum Inc and what are their salaries?
The average compensation at Milwaukee Art Museum Inc during 2022 was $32,644. There are 234 employees and 363 volunteers at Milwaukee Art Museum Inc.
Here are 54 key members and their salaries:
- Compensation: $448,541
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- Other: $21,903
- Compensation: $227,884
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- Other: $13,438
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- Compensation: $174,514
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- Other: $3,549
- Compensation: $117,536
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- Other: $13,629
- Compensation: $112,942
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- Other: $9,665
- Compensation: $108,456
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- Other: $13,413
- Compensation: $108,155
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- Other: $13,185
- Compensation: $111,740
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Official website here: www.mam.org
Where can I find the form 990 for Milwaukee Art Museum Inc?
Milwaukee Art Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mam.org
Learn more at the official website: www.mam.org
Mission Statement of Milwaukee Art Museum Inc
The Milwaukee Art Museum Inc, with its inspiring mission, collects, preserves, and presents art to the community as a vital source of education and inspiration. By doing so, it aims to expand and diversify the artistic and cultural identity of the greater Milwaukee area. The organization's educational programs cater not only to the local residents but also to visitors from beyond Wisconsin. Milwaukee Art Museum Inc encourages community development by offering support to emerging arts and artists. It also provides family-friendly educational programs designed to enhance the artistic spirit of the local community. In addition, the museum is dedicated to preserving, protecting, and maintaining the Calatrava Addition, the first building in the United States designed by Santiago Calatrava. Milwaukee Art Museum Inc cooperates with public entities in the use of the Saarinen and Kahler Buildings, city property, and lakefront lands. With its commitment to art preservation and community development, the Milwaukee Art Museum Inc continues to inspire and educate the public about art and art history.
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Impact
October, 2024
The Milwaukee Art Museum plays a vital role in enriching the cultural landscape of the greater Milwaukee area and beyond. By collecting and preserving a diverse array of artworks, the museum serves as a crucial platform for inspiration and education. Its dedication to presenting impactful art exhibits, such as the renowned quilts of Pauline Parker and various historical and contemporary print showcases, fosters appreciation for creativity and artistic expression among the community.
With a mission focused on expanding and diversifying the local artistic identity, the museum provides educational programs that cater to a wide audience, from families to art enthusiasts, enhancing the community’s understanding of art and art history. Furthermore, it actively supports emerging artists, contributing to community development and encouraging a vibrant cultural dialogue.
The museum also holds architectural significance, proudly maintaining the Calatrava addition, which symbolizes the intersection of art and design. By collaborating with public entities, it ensures the preservation and optimal use of its facilities, including the Saarinen and Kahler buildings. Overall, the Milwaukee Art Museum stands as a cornerstone of the community, inspiring a love for the arts while nurturing both residents and visitors through its dynamic programs and exhibitions.
This information is meant to be a general summary of Milwaukee Art 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: $3,621,493
- Program Service Revenue: $2,146,524
- Gross Receipts: $23,907,614
Assets and Liabilities:
- Total Assets: $151,487,160
- Total Liabilities: $3,248,669
- Net Assets: $148,238,491
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS & TOUR FEES
Revenue
$2,059,224
EXHIBITION & CURATORIAL INCOME
Revenue
$58,798
EDUCATION PROGRAMS
Revenue
$28,502
Organization Details
Founding Year
1910
Phone
(414) 224-3200Principal Officer
Marcelle Polednik
Main Address
700 N ART MUSEUM DRIVE, MILWAUKEE, WI, 53202
Website
www.mam.orgNTEE Category
Code: A510 - Arts
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