Overview
What is New England Motorcycle Museum Inc?
New England Motorcycle Museum Inc, based in Vernon Rockville, Connecticut, serves as a dedicated space for preserving and showcasing motorcycles and historical artifacts from around the world. As a nonprofit organization, their mission revolves around preserving these valuable motorcycle collections, providing an educational and engaging experience for visitors. The museum's location at 200 West Main Street in Vernon Rockville, Connecticut, 06066, allows enthusiasts and history buffs to explore the rich history of motorcycling. The museum's activities and purpose remain steadfast in preserving these fascinating machines and historical objects for future generations to appreciate.
Official website here: www.newenglandmotorcyclemuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 73%)
The New England Motorcycle Museum Inc received a two-star rating from Charity Navigator, indicating that the organization needs improvement in certain areas of accountability and finance. With an overall score of 73%, it shows strengths in having a fully independent board and no material diversion of assets, which reflects well on its governance practices. The organization also allocates a significant portion of its expenses toward programming, with a program expense ratio of 86.81%.
Despite these strengths, the museum falls short in crucial governance practices, as indicated by the absence of a conflict of interest policy, whistleblower policy, and document retention and destruction procedures. These missing policies detract from its overall accountability score, which also includes a lack of documented board meeting minutes and the failure to post its tax form on the nonprofit’s website. Addressing these shortcomings could enhance transparency and trust with stakeholders.
Overall, while the New England Motorcycle Museum demonstrates effective use of funds and strong governance in certain areas, there are significant improvements needed in its governance policies and transparency measures to bolster its credibility and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is New England Motorcycle Museum Inc legitimate?
New England Motorcycle Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New England Motorcycle 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
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Official website here: www.newenglandmotorcyclemuseum.org
What is the mission statement of New England Motorcycle Museum Inc?
The New England Motorcycle Museum Inc's mission is centered around preservation and presentation. They aim to safeguard motorcycles and historical artifacts from various parts of the world, and subsequently showcase them to the public. This endeavor serves to educate and engage individuals in the rich history of motorcycles. The museum's activities are geared towards preserving these valuable pieces of history, ensuring they are carefully maintained and presented in a manner that allows visitors to appreciate their significance.
Official website here: www.newenglandmotorcyclemuseum.org
Who is the CEO of New England Motorcycle Museum Inc?
Kenneth A Kaplan is the President of New England Motorcycle Museum Inc.
Official website here: www.newenglandmotorcyclemuseum.org
What is the revenue of New England Motorcycle Museum Inc?
New England Motorcycle Museum Inc's revenue in 2022 was $39,204.
Official website here: www.newenglandmotorcyclemuseum.org
Who are the executives of New England Motorcycle Museum Inc and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Official website here: www.newenglandmotorcyclemuseum.org
Where can I find the form 990 for New England Motorcycle Museum Inc?
New England Motorcycle Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newenglandmotorcyclemuseum.org
Learn more at the official website: www.newenglandmotorcyclemuseum.org
Mission Statement of New England Motorcycle Museum Inc
New England Motorcycle Museum Inc is dedicated to preserving and showcasing motorcycles and historical artifacts from around the world. Their mission is to collect, conserve, and exhibit these items to educate and engage the public in the rich history and cultural significance of motorcycles. By sharing these stories, the museum aims to inspire appreciation and understanding of this unique aspect of human innovation and creativity.
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Impact
August, 2024
New England Motorcycle Museum Inc has made a significant impact by preserving and presenting motorcycles and historical objects from around the world. Through their mission, they contribute to the preservation of cultural heritage related to motorcycles and offer a unique educational experience to the public. Their dedication to showcasing these historical artifacts helps in fostering appreciation for the evolution and significance of motorcycles in various contexts. The museum's efforts contribute to the enrichment of the arts and cultural landscape, providing a valuable resource for enthusiasts and researchers alike.
This information is meant to be a general summary of New England Motorcycle 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 2022.
- Program Service Revenue: $39,204
- Gross Receipts: $39,204
Assets and Liabilities:
- Total Assets: $237,241
- Total Liabilities: $11,407
- Net Assets: $225,834
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$39,204
Organization Details
Founding Year
2015
Phone
(860) 916-9784Principal Officer
Kenneth A Kaplan
Main Address
200 WEST MAIN STREET, VERNON ROCKVILLE, CT, 06066
NTEE Category
Code: A50 - Arts
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