Overview
What is Salina Educational Automotive Museum Of America Inc?
Salina Educational Automotive Museum of America Inc, located at 134 S 4th St, Salina, Kansas, is a dedicated nonprofit organization. Its primary mission is to celebrate and preserve the history of the automobile and its impact on American culture. Through various programs, it aims to educate the public about the historical significance of automobiles in an engaging and informative manner. The museum collects, preserves, interprets, and exhibits automobiles and associated artifacts to promote understanding of their influence on societal developments.
Official website here: www.seama.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 42% (Zero-Star out of Four Star rating)
The Salina Educational Automotive Museum Of America Inc has received a low rating of 42% from Charity Navigator, primarily based on its Accountability & Finance score. The organization has demonstrated strong governance features, including a board consisting entirely of independent members and proper financial review practices. However, the score reflects significant weaknesses in transparency and financial health, notably the lack of key policies and public disclosures.
One of the critical areas of concern is the absence of essential governance policies, such as a conflict of interest policy and a whistleblower policy. Additionally, the museum's website is missing from its tax form disclosures, which diminishes its accountability to the public. The liabilities to assets ratio is also concerning at 5.35%, indicating potential financial instability.
Although the organization has maintained documentation of board meeting minutes and demonstrated a commitment to independent governance, the overall low program expense ratio of 7.93% suggests that a minimal portion of its resources is being allocated directly to programmatic activities. This raises questions about the effectiveness and impact of the museum’s initiatives. Overall, while there are positive aspects in governance, the lack of transparency and low financial allocation to programs are significant limitations.
This AI summary has been generated from information found on Charity Navigator.
Is Salina Educational Automotive Museum Of America Inc legitimate?
Salina Educational Automotive Museum Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salina Educational Automotive Museum Of America 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: $287,011
For more financial information, click here
Official website here: www.seama.org
What is the mission statement of Salina Educational Automotive Museum Of America Inc?
The Salina Educational Automotive Museum of America Inc. is dedicated to gathering, conserving, analyzing, and showcasing the historical significance of automobiles and their impact on American culture. Their commitment extends to educating the public about this historical influence through engaging and informative programs. The museum aims to celebrate the automobile's rich history in a manner that is both instructive and entertaining.
Official website here: www.seama.org
What is the revenue of Salina Educational Automotive Museum Of America Inc?
Salina Educational Automotive Museum Of America Inc's revenue in 2024 was $942,719.
Official website here: www.seama.org
Who are the executives of Salina Educational Automotive Museum Of America Inc and what are their salaries?
The average compensation at Salina Educational Automotive Museum Of America Inc during 2024 was $13,667. There are 21 employees and 10 volunteers at Salina Educational Automotive Museum Of America Inc.
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Official website here: www.seama.org
Where can I find the form 990 for Salina Educational Automotive Museum Of America Inc?
Salina Educational Automotive Museum Of America Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.seama.org
Learn more at the official website: www.seama.org
Mission Statement of Salina Educational Automotive Museum Of America Inc
The Salina Educational Automotive Museum of America Inc is dedicated to preserving and showcasing the historical significance of the automobile in American culture. This nonprofit organization collects, interprets, exhibits, and celebrates the evolution of the automobile and its impact on society. Their mission is to educate the public in an engaging and informative manner, using various programs to shed light on the automobile's influence on American history. Through these efforts, the Salina Educational Automotive Museum of America Inc aims to celebrate the automobile as a symbol of innovation, progress, and cultural change.
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Impact
July, 2024
The Salina Educational Automotive Museum Of America Inc plays a significant role in preserving and showcasing the history of the automobile and its impact on American culture. Through their commitment to collecting, preserving, interpreting, and exhibiting automobiles, the organization educates the public on the historical significance of these vehicles in an instructive and entertaining manner. This museum serves as a valuable resource for both automotive enthusiasts and those interested in the cultural impact of automobiles in the United States.
This information is meant to be a general summary of Salina Educational Automotive Museum Of America 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 2024.
- Investment Income: $297
- Program Service Revenue: $138,344
- Gross Receipts: $942,719
Assets and Liabilities:
- Total Assets: $7,259,480
- Total Liabilities: $377,361
- Net Assets: $6,882,119
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAILY ADMISSIONS
Revenue
$138,344
Organization Details
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