Overview
What is The William Rockhill Nelson Trust?
The William Rockhill Nelson Trust is a nonprofit organization, established with a mission to procure and exhibit art pieces for public delight in designated buildings. Located at 4525 OAK STREET, KANSAS CITY, MO 64111, the trust provides annual operational funding to the Nelson Gallery Foundation, adhering to a board-approved spending policy. Its primary objective is to enrich the public's cultural experience by showcasing artistic works.
Official website here: www.nelson-atkins.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
The William Rockhill Nelson Trust has achieved an impressive score of 96%, reflecting a strong commitment to accountability and finance. This high rating is particularly notable as it is based solely on the Accountability & Finance beacon, indicating effective management of its resources. The trust operates with 100% independent board members, which contributes to transparency and robust governance practices.
The organization exhibits excellent financial oversight, with no diversion of assets reported, and has a solid program expense ratio of 99.73%, indicating that nearly all its funds are directed towards its programs. Furthermore, it has established comprehensive policies regarding conflicts of interest, whistleblowing, and document retention, which support ethical practices and accountability to stakeholders.
Despite its strengths, the summary does not provide insight into the specific programs or impacts of the trust’s work. However, based on the financial metrics and governance practices, it is evident that The William Rockhill Nelson Trust is a well-managed organization dedicated to its charitable mission.
This AI summary has been generated from information found on Charity Navigator.
Is The William Rockhill Nelson Trust legitimate?
The William Rockhill Nelson Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The William Rockhill Nelson Trust 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:
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For more financial information, click here
Official website here: www.nelson-atkins.org
What is the mission statement of The William Rockhill Nelson Trust?
The William Rockhill Nelson Trust was established with the purpose of acquiring art pieces for public display in designated buildings, aimed at providing delight and enjoyment to the general public. The trust's mission is centered around this objective, focusing on the acquisition of artworks to be exhibited for the public's benefit. The trust provides annual operational support to the Nelson Gallery Foundation, adhering to a board-approved spending policy.
Official website here: www.nelson-atkins.org
Who is the CEO of The William Rockhill Nelson Trust?
Julian Zugazagoitia is the CEO of The William Rockhill Nelson Trust The CEO's salary of The William Rockhill Nelson Trust is $0 and their total compensation is $934,228.
Official website here: www.nelson-atkins.org
What is the revenue of The William Rockhill Nelson Trust?
The William Rockhill Nelson Trust's revenue in 2024 was $937,554.
Official website here: www.nelson-atkins.org
Who are the executives of The William Rockhill Nelson Trust and what are their salaries?
There 24 volunteers at The William Rockhill Nelson Trust.
Here are 25 key members and their salaries (The William Rockhill Nelson Trust's CEO's salary is $0 and their total compensation is $934,228):
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- Related: $680,842
- Other: $253,386
Official website here: www.nelson-atkins.org
Where can I find the form 990 for The William Rockhill Nelson Trust?
The William Rockhill Nelson Trust's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.nelson-atkins.org
Learn more at the official website: www.nelson-atkins.org
Mission Statement of The William Rockhill Nelson Trust
The William Rockhill Nelson Trust, established with a noble intention, was designed to procure artistic masterpieces for public enjoyment. Its mission is to acquire and showcase artworks in buildings specifically built for that purpose, providing amusement and delight to the public. The trust's primary objective is to serve as a patron of art, making it accessible and appealing to the general populace. It accomplishes this by providing annual operational support to the Nelson Gallery Foundation, following a board-approved spending policy.
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Impact
July, 2024
The William Rockhill Nelson Trust's impact lies in its commitment to acquiring works of art for public exhibition and enjoyment. Through its support, the trust enables the Nelson Gallery Foundation to continue its mission of providing a space for the public to appreciate and engage with art. This contribution helps foster a vibrant arts community in Kansas City and promotes cultural enrichment for residents and visitors alike. By investing in art acquisition and exhibition spaces, the trust plays a crucial role in preserving and promoting artistic expression for the benefit of the public.
This information is meant to be a general summary of The William Rockhill Nelson Trust. 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 2024.
- Investment Income: $937,554
- Gross Receipts: $937,554
Assets and Liabilities:
- Total Assets: $70,163,621
- Total Liabilities: $4,124
- Net Assets: $70,159,497
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Organization Details
Founding Year
1914
Principal Officer
Alejandro Sanchez Alvarado
Website
www.nelson-atkins.orgNTEE Category
Code: A500 - Arts
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