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Friends Of Mansfield Female College Museum Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 432100668 ✦ Mansfield, LA ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Mansfield Female College Museum Inc?

Friends of Mansfield Female College Museum Inc is a nonprofit organization that plays a crucial role in preserving historical significance. Situated in an undisclosed location, their primary mission is to disseminate the story of the pioneering first women's institute of higher learning west of the Mississippi River. To achieve this, they offer a rentable venue for local events, including weddings, contributing to the community's social scene. Beyond this, they actively support and maintain the historical facility, ensuring its preservation for future generations.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 53%, One-Star out of Four Star rating

Friends Of Mansfield Female College Museum Inc has received a low score of 53%, resulting in a One-Star rating. This score is primarily based on a single beacon score, which evaluates the organization's Accountability & Finance practices. The absence of independent board members and a lack of essential governance policies significantly contribute to this low score.

The organization does demonstrate some strengths, such as having no material diversion of assets and a solid program expense ratio of 100%. These factors indicate that the majority of the organization's expenses are directed towards its programs, which is a positive aspect of its financial management. However, the lack of accountability measures raises concerns about its governance and transparency.

Several critical policies are missing, including conflict of interest, whistleblower, and document retention policies, which could affect the organization's credibility and trustworthiness. Additionally, the absence of a website listed on the tax form and failure to post the tax form on their website may hinder public accessibility to important information. Overall, while the organization allocates its resources effectively towards its mission, its governance structure and accountability practices require significant improvement.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of Mansfield Female College Museum Inc legitimate?

Friends Of Mansfield Female College Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Mansfield Female College 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: $21,422
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Friends Of Mansfield Female College Museum Inc?

The mission of Friends Of Mansfield Female College Museum Inc is primarily focused on two key areas. Firstly, they aim to preserve and promote the history of the first women's institute of higher learning west of the Mississippi River. Secondly, they offer a rentable venue for local events and functions, such as weddings, thereby serving as a community resource. In essence, their goal is to honor the past while contributing to the present by providing a versatile space for local gatherings.

Who is the CEO of Friends Of Mansfield Female College Museum Inc?

Suzanne Brossette is the President of Friends Of Mansfield Female College Museum Inc.

What is the revenue of Friends Of Mansfield Female College Museum Inc?

Friends Of Mansfield Female College Museum Inc's revenue in 2022 was $41,964.

Who are the executives of Friends Of Mansfield Female College Museum Inc and what are their salaries?


Here are 2 key members and their salaries:


Suzanne Brossette (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Wilkinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of Mansfield Female College Museum Inc?

Friends Of Mansfield Female College Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Friends Of Mansfield Female College Museum Inc

Friends of Mansfield Female College Museum Inc is dedicated to preserving and showcasing the history of the first women's institute of higher learning west of the Mississippi River. Their mission is twofold: firstly, they support and maintain the historical facility, ensuring its preservation for future generations. Secondly, they offer the venue for rental, making it accessible for local events, weddings, and other functions. By doing so, they are not only protecting a significant piece of history but also contributing to the community by providing a versatile event space.

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Impact




August, 2024

Friends Of Mansfield Female College Museum Inc's impact lies in its dedication to communicating the history of the first women's institute of higher learning west of the Mississippi River. In addition, they provide a rentable venue for local events, weddings, and more. Through their activities, they preserve the legacy of Mansfield Female College and contribute to the cultural enrichment of the community.




This information is meant to be a general summary of Friends Of Mansfield Female College 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.

Revenue
$41,964 (2022)
Expenses
$109,526 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $69
  • Program Service Revenue: $27,330
  • Gross Receipts: $41,964

Assets and Liabilities:

  • Total Assets: $31,248
  • Total Liabilities: $0
  • Net Assets: $31,248

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Organization Details

Founding Year

2007

Principal Officer

Suzanne Brossette

Main Address

110 MONROE STREET, MANSFIELD, LA, 71052

NTEE Category

Code: A84 - Arts

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