Overview
What is The Underground Museum Inc?
The Underground Museum Inc, based on the provided information, is a nonprofit organization committed to fostering community engagement. They achieve this goal by offering a diverse array of activities, including book programs, art exhibitions, and community events. The primary focus of this organization is to promote and showcase art in all its forms, providing a platform for various artistic expressions. By participating in these activities, the community is encouraged to engage with art and contribute to its appreciation and understanding.
Official website here: www.theunderground-museum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 37%
The Underground Museum Inc has received a score of 37%, resulting in a Zero-Star out of Four Star rating. This rating indicates significant concerns regarding the organization’s accountability and financial management. While it shows strengths in governance, such as having an independent board and policies for conflict of interest and document retention, it lacks in critical financial transparency measures.
Specifically, the nonprofit scored poorly in areas such as financial statements and program expense ratio, which raises questions about how effectively funds are allocated towards its programs. Additionally, the organization received a score of 0 in areas like liabilities to assets ratio, suggesting potential financial instability.
While the museum demonstrates a commitment to governance and operational integrity, the deficiencies in financial accountability highlight the need for improvement to gain trust and ensure sustainability. Without addressing these financial issues, the organization may struggle to attract support from donors and the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Underground Museum Inc legitimate?
The Underground Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Underground 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.theunderground-museum.org
What is the mission statement of The Underground Museum Inc?
The Underground Museum Inc's mission is centered around fostering community engagement and showcasing various forms of art. Serving as a catalyst, the organization utilizes a variety of tools such as books, art exhibitions, and community activities to achieve this goal. The primary aim is to encourage and display art in all its manifestations, thereby promoting cultural diversity and artistic expression.
Official website here: www.theunderground-museum.org
Who is the CEO of The Underground Museum Inc?
Karon Davis is the CEO of The Underground Museum Inc The CEO's salary of The Underground Museum Inc is $0 and their total compensation is $0.
Official website here: www.theunderground-museum.org
What is the revenue of The Underground Museum Inc?
The Underground Museum Inc's revenue in 2023 was $1,038.
Official website here: www.theunderground-museum.org
Who are the executives of The Underground Museum Inc and what are their salaries?
The average compensation at The Underground Museum Inc during 2023 was $42,063. There 10 volunteers at The Underground Museum Inc.
Here are 10 key members and their salaries (The Underground Museum Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.theunderground-museum.org
Where can I find the form 990 for The Underground Museum Inc?
The Underground Museum Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theunderground-museum.org
Learn more at the official website: www.theunderground-museum.org
Mission Statement of The Underground Museum Inc
The Underground Museum Inc, as a nonprofit organization, is dedicated to serving as a significant facilitator in fostering community involvement. It achieves this goal by employing a diverse array of activities that engage the community, making use of books, art exhibitions, and communal events. The primary mission of The Underground Museum Inc is to encourage and exhibit art in its various forms, providing a platform for artists and art enthusiasts alike. Through its activities, the organization aims to promote the display and appreciation of art, making it accessible and relatable to a broad audience.
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Impact
July, 2024
The Underground Museum Inc has a significant impact in the Los Angeles community by serving as a key conduit to develop community participation through a broad range of activities utilizing books, exhibitions of artistic works, and community activities. By encouraging and displaying art of all forms, The Underground Museum Inc plays a crucial role in fostering creativity, cultural exchange, and community engagement. Through their mission, they are able to support artists, elevate diverse voices, and create opportunities for artistic expression for individuals of all backgrounds. This contributes to a more vibrant and inclusive arts scene in Los Angeles, ultimately enriching the community and inspiring others to participate in the arts.
This information is meant to be a general summary of The Underground 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $18
- Gross Receipts: $1,038
Assets and Liabilities:
- Total Assets: $759,357
- Total Liabilities: $8,385
- Net Assets: $750,972
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Organization Details
Founding Year
2015
Principal Officer
Karon Davis
NTEE Category
Code: A20 - Arts
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