Overview
What is The Basilica Landmark?
The Basilica Landmark is a nonprofit organization situated in Minneapolis, Minnesota, with a specific focus on preserving and celebrating the Basilica of Saint Mary as a religious and cultural symbol for all people. They achieve this by supporting the restoration and preservation of the Basilica through educational programs, fundraising events, and special initiatives. Additionally, they document the history of the building and the community it serves through publications and programs, encouraging its use as a cultural center for both secular and liturgical arts. The organization also provides grants for repairs and maintenance of the church campus and capital projects, with major projects in 2022 including Fund a Need Lighting, church repointing, and a church envelope study.
Official website here: www.thebasilicalandmark.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The Basilica Landmark has received a Three-Star rating from Charity Navigator, reflecting an overall score of 83%. This rating is based entirely on the organization's Accountability & Finance metrics. A strong emphasis on independent governance is evident, as the board comprises 100% independent members, demonstrating a commitment to transparency and oversight.
Strengths of The Basilica Landmark include its robust policies in areas such as conflict of interest and whistleblowing, along with a well-structured audit and oversight committee. The organization has also shown no material diversion of assets, which is a positive indicator of its financial integrity. Additionally, the liabilities to assets ratio is commendable at 1.85%, suggesting sound financial management.
However, there are areas for improvement, particularly in the program expense ratio, which stands at 59.29%. This score indicates that while the organization is managing funds responsibly, a larger proportion of expenses could be allocated directly to programs and services. Overall, The Basilica Landmark demonstrates a solid commitment to accountability and financial stewardship, yet may benefit from focusing on enhancing its programmatic investments.
This AI summary has been generated from information found on Charity Navigator.
Is The Basilica Landmark legitimate?
The Basilica Landmark is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Basilica Landmark 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.
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Official website here: www.thebasilicalandmark.org
What is the mission statement of The Basilica Landmark?
The Basilica Landmark's mission is centered around preserving and celebrating the Basilica of Saint Mary as a significant religious and cultural symbol for all individuals. They achieve this by supporting the restoration and preservation of the basilica through educational programs, fundraising, and special events. Additionally, they celebrate the basilica by documenting its history through publications and programs, encouraging its use as a cultural center for secular and liturgical arts. The organization's activities aim to keep the basilica vibrant and relevant, serving as a hub for both religious and secular events.
Official website here: www.thebasilicalandmark.org
What is the revenue of The Basilica Landmark?
The Basilica Landmark's revenue in 2023 was $3,173,746.
Official website here: www.thebasilicalandmark.org
Who are the executives of The Basilica Landmark and what are their salaries?
There 53 volunteers at The Basilica Landmark.
Here are 18 key members and their salaries:
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Official website here: www.thebasilicalandmark.org
Where can I find the form 990 for The Basilica Landmark?
The Basilica Landmark's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thebasilicalandmark.org
Learn more at the official website: www.thebasilicalandmark.org
Mission Statement of The Basilica Landmark
The Basilica Landmark, a nonprofit organization, is dedicated to preserving and celebrating the Basilica of Saint Mary as a significant religious and cultural symbol for all people. To achieve this mission, The Basilica Landmark supports the restoration and preservation of the Basilica through various educational programs, fundraising events, and special initiatives. They also celebrate the Basilica by documenting its history and the community it serves through publications and programs, and encourage its use as a cultural center for both secular and liturgical arts. By doing so, The Basilica Landmark aims to preserve this religious and cultural symbol for future generations.
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Impact
July, 2024
The Basilica Landmark's impact lies in preserving and celebrating The Basilica of Saint Mary as a religious and cultural symbol for all people. Through supporting the restoration and preservation of the Basilica, educational programs, fundraising, and special events, The Basilica Landmark ensures that this historical building continues to serve as a cornerstone of the community. Its grants for repairs and maintenance, such as lighting upgrades and church restoration projects, contribute to maintaining the Basilica's structural integrity and cultural significance. Additionally, by promoting the Basilica as a cultural center for secular and liturgical arts, The Basilica Landmark fosters a space for artistic expression and community engagement.
This information is meant to be a general summary of The Basilica Landmark. 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 2023.
- Investment Income: $352,204
- Gross Receipts: $6,159,405
Assets and Liabilities:
- Total Assets: $9,505,273
- Total Liabilities: $175,850
- Net Assets: $9,329,423
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Organization Details
Founding Year
1993
Principal Officer
Deirdre Palmer
Website
www.thebasilicalandmark.orgNTEE Category
Code: A80Z - Arts
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