Overview
What is Racine Art Museum Association Inc?
Racine Art Museum Association Inc, based in Racine, Wisconsin, is a dedicated nonprofit organization committed to the contemporary visual arts. Located at 441 Main Street, this association operates with a team of 52 individuals. The heart of their mission is to exhibit, preserve, and educate in the realm of contemporary art. They offer a wide array of affordable studio art courses across various mediums, catering to individuals of all ages and skill levels. These classes, held throughout the year, including summer sessions, provide an opportunity for learners to collaborate with professional artists, both locally and nationally renowned. The cost of these courses varies based on their length and the required materials.
Official website here: www.ramart.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Racine Art Museum Association Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This rating is significant as it indicates a high level of transparency and responsible financial management, which is crucial for maintaining donor trust and support.
The organization demonstrates notable strengths, including a fully independent board composed of 22 members, all of whom contribute to the governance of the museum. With a program expense ratio of 70.51%, the museum allocates a substantial portion of its resources directly to its programs, showcasing a strong commitment to its mission and community impact.
There are no significant limitations noted in the evaluation data, indicating that the Racine Art Museum Association is effectively managing its operations and maintaining high standards of accountability. Overall, the organization stands out as a well-run nonprofit with a clear focus on its artistic and educational goals.
This AI summary has been generated from information found on Charity Navigator.
Is Racine Art Museum Association Inc legitimate?
Racine Art Museum Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Racine Art Museum Association 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: $189,266
Professional Fundraising Fees: $0
Other Salaries and Wages: $919,062
For more financial information, click here
Official website here: www.ramart.org
What is the mission statement of Racine Art Museum Association Inc?
The Racine Art Museum Association Inc's mission is centered around exhibiting, collecting, preserving, and educating in the contemporary visual arts. Through their activities, they aim to showcase various art forms, accumulate a substantial collection, maintain the integrity of these artworks, and provide learning opportunities to the public. The museum offers an extensive studio art program, which is one of the largest in Wisconsin, catering to children and adults of all skill levels. In these classes, students learn alongside professional artists, gaining insights and honing their craft. The cost of these courses varies depending on the length and materials required.
Official website here: www.ramart.org
Who is the CEO of Racine Art Museum Association Inc?
Bruce Pepich is the Director of Racine Art Museum Association Inc.
Official website here: www.ramart.org
What is the revenue of Racine Art Museum Association Inc?
Racine Art Museum Association Inc's revenue in 2022 was $2,118,021.
Official website here: www.ramart.org
Who are the executives of Racine Art Museum Association Inc and what are their salaries?
The average compensation at Racine Art Museum Association Inc during 2022 was $21,314. There are 52 employees and 50 volunteers at Racine Art Museum Association Inc.
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- Compensation: $174,875
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- Other: $12,707
Official website here: www.ramart.org
Where can I find the form 990 for Racine Art Museum Association Inc?
Racine Art Museum Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ramart.org
Learn more at the official website: www.ramart.org
Mission Statement of Racine Art Museum Association Inc
Racine Art Museum Association Inc, often referred to as RAMA, is dedicated to exhibiting, collecting, preserving, and educating in the realm of contemporary visual arts. The mission of this nonprofit organization is to create a platform for showcasing art, amassing a collection, safeguarding artistic heritage, and imparting knowledge about contemporary art forms. RAMA's Wustum Museum, a significant part of the organization, offers one of the most extensive museum-based studio art programs in Wisconsin. Since its inception in 1941, the museum has been providing more than 40 affordable studio art courses each semester and during the summer. These classes cater to individuals of all ages and skill levels, from beginners to advanced learners. Students learn alongside accomplished artists, both locally and nationally recognized, fostering a collaborative environment that encourages artistic growth. The cost of classes varies depending on factors such as duration and the required materials, with some courses necessitating additional purchases.
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Impact
July, 2024
Racine Art Museum Association Inc's impact lies in its dedication to exhibiting, collecting, preserving, and educating in the contemporary visual arts. One significant aspect of its impact is through its studio art class education program, which is one of the largest museum-based programs in Wisconsin. Since its establishment in 1941, Racine Art Museum Association Inc has offered over 40 affordable studio art courses in various media each semester and during the summer for both children and adults. Students of all ages and skill levels, from beginners to advanced, have the opportunity to learn alongside instructors who are working artists recognized locally and nationally for their talent. The costs of these classes vary depending on the length of the course and required materials, with some classes necessitating the purchase of additional supplies. Through these educational initiatives, Racine Art Museum Association Inc plays a key role in nurturing creativity, fostering artistic skills, and promoting appreciation for contemporary visual arts within its community.
This information is meant to be a general summary of Racine Art Museum Association 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: $544,180
- Program Service Revenue: $173,387
- Gross Receipts: $4,229,073
Assets and Liabilities:
- Total Assets: $11,889,290
- Total Liabilities: $238,358
- Net Assets: $11,650,932
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION (EDUCATION)
Revenue
$78,156
MEMBERSHIP DUES
Revenue
$72,140
EXHIBITION ACTIVITIES
Revenue
$21,936
RENTAL INCOME
Revenue
$800
HOTEL VERDANT REVENUE
Revenue
$355
Organization Details
Founding Year
1939
Phone
(262) 638-8300Principal Officer
Bruce Pepich
Main Address
441 MAIN STREET, RACINE, WI, 53403
Website
www.ramart.orgNTEE Category
Code: A510 - Arts
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