Overview
What is The Heritage Management Organization Inc?
The Heritage Management Organization Inc, based in Chicago, Illinois, is a distinguished nonprofit organization dedicated to empowering heritage managers worldwide. Their primary mission is to equip these professionals with the necessary skills to optimally manage their responsibilities, given the constraints of limited resources. They accomplish this through a comprehensive training curriculum, which includes executive programs for line managers, summer workshops for seniors and graduate students, and a globally recognized Master's degree in Heritage Management in collaboration with two esteemed academic institutions. The organization also hosts an annual conference and has trained heritage managers from 77 countries, contributing to the conservation and dynamic utilization of cultural heritage assets for learning, community identity, and sustainable development.
Official website here: www.heritagemanagement.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 85% - Three-Star out of Four Star Rating
The Heritage Management Organization Inc has achieved an 85% rating from Charity Navigator, which reflects a strong focus on accountability and finance. This score is primarily based on their transparency and governance practices, indicating that the organization operates with a high level of integrity. With a perfect score for independent board members and no material diversion of assets, the organization demonstrates solid governance structures.
Financially, the organization shows commendable management of resources, with a program expense ratio of 83.24% and a low liabilities to assets ratio of 3.82%. This suggests that a significant portion of their funding is directed toward their programs, which is a positive indicator for potential donors. Additionally, their working capital ratio of 20.75 years implies a stable financial position, allowing for sustainability in their operations.
While the overall rating is strong, it is important for potential supporters to consider that the score is solely based on accountability and finance without additional beacons for effectiveness or impact. This means that while financial health is evident, insights into the broader impact of their programs may be less detailed. Nonetheless, the organization appears well-managed and committed to responsible practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Heritage Management Organization Inc legitimate?
The Heritage Management Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Heritage Management Organization 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.heritagemanagement.org
What is the mission statement of The Heritage Management Organization Inc?
The Heritage Management Organization Inc's mission is centered around enhancing the role of heritage assets. Their objective is to transition these assets from being mere objects of study into vibrant sources of learning, fostering a sense of community identity, and promoting sustainable economic development. They achieve this mission through a comprehensive training curriculum that includes executive programs for line managers, summer workshops for seniors and graduate students, and a globally recognized Master's degree in Heritage Management in collaboration with two academic institutions. Additionally, the organization hosts an annual conference and has trained heritage managers from 77 countries.
Official website here: www.heritagemanagement.org
What is the revenue of The Heritage Management Organization Inc?
The Heritage Management Organization Inc's revenue in 2023 was $444,562.
Official website here: www.heritagemanagement.org
Who are the executives of The Heritage Management Organization Inc and what are their salaries?
There 11 volunteers at The Heritage Management Organization Inc.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.heritagemanagement.org
Where can I find the form 990 for The Heritage Management Organization Inc?
The Heritage Management Organization Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.heritagemanagement.org
Learn more at the official website: www.heritagemanagement.org
Mission Statement of The Heritage Management Organization Inc
The Heritage Management Organization Inc is committed to a mission that transcends the mere preservation of historical artifacts. Rather, it aims to breathe new life into these heritage assets, transforming them from static relics into vibrant sources of learning, community identity, and sustainable economic development. By doing so, it seeks to empower individuals and communities to harness the potential of their heritage for long-term growth and development.
To achieve this mission, The Heritage Management Organization Inc employs a comprehensive training curriculum. This includes executive programs tailored for line managers, summer workshops for senior professionals and graduate students, and a globally recognized Master's degree in Heritage Management in collaboration with two prestigious academic institutions. Through these initiatives, the organization equips heritage managers with the necessary skills to optimally utilize their limited resources, thereby maximizing the impact of their work.
In addition to its training programs, The Heritage Management Organization Inc hosts an annual conference, bringing together professionals from around the world to share ideas and best practices. Over the years, the organization has trained heritage managers from 77 countries, making a significant contribution to the global heritage management sector. By fostering a culture of continuous learning and innovation, The Heritage Management Organization Inc is driving the evolution of heritage management, ensuring that our historical assets remain relevant and beneficial in the modern world.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Heritage Management Organization Inc's impact lies in transforming the world's heritage assets into dynamic sources of learning, community identity, and sustainable economic development. By training heritage managers from 77 countries through a comprehensive curriculum that includes executive programs, summer workshops, and a globally recognized M.A. in heritage management, the organization is equipping individuals with the skills necessary to effectively preserve and promote cultural heritage. Through their activities, they are contributing to the preservation and revitalization of cultural treasures, fostering local pride and economic growth in communities worldwide.
This information is meant to be a general summary of The Heritage Management Organization 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 2023.
- Investment Income: $133,955
- Program Service Revenue: $118,060
- Gross Receipts: $459,074
Assets and Liabilities:
- Total Assets: $7,519,719
- Total Liabilities: $287,262
- Net Assets: $7,232,457
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE INCOME
Revenue
$118,060
Organization Details
Founding Year
2015
Principal Officer
Evangelos Kyriakidis
Website
www.heritagemanagement.orgNTEE Category
Code: A80 - Arts
If you are a representative of The Heritage Management Organization Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.