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Joslyn Art Museum Foundation

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

EIN: 470835035 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

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Overview

What is Joslyn Art Museum Foundation?

The Joslyn Art Museum Foundation, located at 2200 Dodge St, Omaha, NE 68102, serves as a vital nonprofit organization with a primary objective. Their mission is to accumulate funds to bolster the Joslyn Art Museum and oversee the museum's endowment funds. By raising funds, they contribute to the museum's growth and preservation, ensuring its continued success in showcasing and promoting art. The foundation plays a crucial role in supporting the museum's operations and activities, ultimately benefiting the art enthusiasts and community.

What are the reviews and ratings of this charity?

Charity Navigator Rating 90% - Four-Star out of Four Star rating

The Joslyn Art Museum Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With an overall score of 90%, the organization demonstrates strong fiscal management and transparency. Notably, it features 100% independent board members, ensuring impartial governance.

The Foundation's commitment to effective use of funds is evident in its program expense ratio of 97.03%, which signifies that nearly all its resources are directed towards its mission. In addition, the organization maintains excellent financial practices, with no material diversion of assets and a solid liabilities to assets ratio of 3.50%. Furthermore, its fundraising efficiency shows no costs associated with fundraising, illustrating its effective financial stewardship.

While the data highlights several strengths, it does not indicate any significant limitations or areas of concern within the Foundation's operations. Overall, the Joslyn Art Museum Foundation appears to be a well-managed nonprofit that prioritizes its mission and maintains a strong financial position.


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

Is Joslyn Art Museum Foundation legitimate?

Joslyn Art Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joslyn Art Museum Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Joslyn Art Museum Foundation?

The Joslyn Art Museum Foundation's primary mission is to fundraise for the support of the Joslyn Art Museum and manage its endowment funds. Their purpose is to ensure the museum's continued success and preservation, providing it with the necessary financial resources. The foundation plays a crucial role in maintaining the museum's collection, exhibitions, and educational programs, ensuring that art enthusiasts and the community can continue to benefit from its offerings. By managing the endowment funds, the foundation ensures a steady source of income for the museum's future needs, ensuring its long-term sustainability.

Who is the CEO of Joslyn Art Museum Foundation?

Jack Becker is the Executive Director & Ceo of Joslyn Art Museum Foundation. The CEO's salary of Joslyn Art Museum Foundation is $0 and their total compensation is $449,000.

What is the revenue of Joslyn Art Museum Foundation?

Joslyn Art Museum Foundation's revenue in 2022 was $4,715,360.

Who are the executives of Joslyn Art Museum Foundation and what are their salaries?

There 3 volunteers at Joslyn Art Museum Foundation.


Here are 5 key members and their salaries (Joslyn Art Museum Foundation's CEO's salary is $0 and their total compensation is $449,000):


John P Nelson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert D Bates (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art N Burtscher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Becker (Executive Director & Ceo)
  • Compensation: $0
  • Related: $421,404
  • Other: $27,596
Elizabeth A Powell (Director Of Finance & Operations)
  • Compensation: $0
  • Related: $120,976
  • Other: $28,567
Where can I find the form 990 for Joslyn Art Museum Foundation?

Joslyn Art Museum Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Joslyn Art Museum Foundation

The Joslyn Art Museum Foundation is a dedicated organization with a primary mission to generate funds in support of the Joslyn Art Museum. Beyond this, the foundation is responsible for managing the museum's endowment funds. The purpose of the Joslyn Art Museum Foundation is to ensure the continued success and growth of the art museum, providing it with the necessary resources to thrive and share its collection with the public. By raising funds and managing the museum's endowment, the foundation plays a vital role in preserving and promoting the appreciation of art.

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Impact




July, 2024

Joslyn Art Museum Foundation's impact is instrumental in supporting the growth and development of the Joslyn Art Museum in Omaha, NE. By raising funds and managing the museum's endowment funds, the foundation ensures that the museum can continue to fulfill its mission of providing educational experiences through art. This support enables the museum to offer diverse exhibitions, educational programs, and community outreach initiatives that enrich and inspire audiences. Through its efforts, the foundation plays a crucial role in preserving and promoting art and cultural heritage for the benefit of the community.




This information is meant to be a general summary of Joslyn Art Museum Foundation. 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
$4,715,360 (2022)
Expenses
$2,689,109 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,736,103
  • Gross Receipts: $10,208,077

Assets and Liabilities:

  • Total Assets: $58,926,113
  • Total Liabilities: $4,992,365
  • Net Assets: $53,933,748

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Organization Details

Founding Year

2000

Principal Officer

Jack Becker

Main Address

2200 DODGE ST, OMAHA, NE, 68102

NTEE Category

Code: B11 - Education

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