Overview
What is Nebraska Art Association?
The Nebraska Art Association, specifically the Sheldon Art Gallery, is a nonprofit organization situated in Lincoln, Nebraska. Their primary focus is to promote and advance art appreciation by organizing exhibitions, acquiring artworks, and offering art education to the public. The association is actively digitizing its collection for wider access and dissemination. Through its collections, exhibitions, and programs, the Sheldon Museum of Art inspires inquiry and discovery, serving not only the University of Nebraska but also the state and beyond. The association's mission is deeply rooted in fostering an appreciation for art, making it accessible to the public, and encouraging lifelong learning in the realm of artistic expression.
Official website here: www.sheldonartgallery.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 44% (Zero-Star out of Four Star rating)
The Nebraska Art Association has received a Zero-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score is derived entirely from a single beacon score focused on accountability and finance, reflecting the importance of robust financial management in nonprofit organizations.
Despite having a fully independent board and strong oversight in areas such as material diversion of assets and financial statement auditing, the organization falls short in critical governance policies. Notably, the lack of a conflict of interest policy, whistleblower policy, and document retention policy are significant weaknesses that detract from its overall rating. Furthermore, the program expense ratio is low at 23.64%, suggesting that a relatively small portion of its resources is directed towards its mission-related programs.
While the Nebraska Art Association demonstrates strengths in board independence and financial oversight, the absence of essential governance policies and low program spending raises concerns about its overall effectiveness and transparency. Potential donors and stakeholders may want to consider these factors when assessing their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Nebraska Art Association legitimate?
Nebraska Art Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nebraska Art Association 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.
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Official website here: www.sheldonartgallery.org
What is the mission statement of Nebraska Art Association?
The Nebraska Art Association's mission is to advance and foster an appreciation for art. They accomplish this by promoting art exhibits, acquiring works of art, and providing art education to the public. Through their activities, they inspire inquiry and discovery, serving not only the University of Nebraska but also the state and beyond, as exemplified by their collections, exhibitions, and programs. The association's efforts aim to enrich the community's artistic landscape and broaden people's understanding and appreciation of art.
Official website here: www.sheldonartgallery.org
Who is the CEO of Nebraska Art Association?
Jason Bombeck is the Trustee of Nebraska Art Association.
Official website here: www.sheldonartgallery.org
What is the revenue of Nebraska Art Association?
Nebraska Art Association's revenue in 2022 was $1,254,336.
Official website here: www.sheldonartgallery.org
Who are the executives of Nebraska Art Association and what are their salaries?
Here are 16 key members and their salaries:
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Official website here: www.sheldonartgallery.org
Where can I find the form 990 for Nebraska Art Association?
Nebraska Art Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sheldonartgallery.org
Learn more at the official website: www.sheldonartgallery.org
Mission Statement of Nebraska Art Association
The Nebraska Art Association, in its mission, strives to advance and promote art and art appreciation. It achieves this by promoting art exhibits, acquiring works of art, and encouraging art education to the public. The association's primary goal is to inspire inquiry and discovery, serving not only the University of Nebraska but also the state and beyond. This is accomplished through its collections, exhibitions, and programs. The association's museum, Sheldon Museum of Art, plays a significant role in this mission. It houses a collection of art, and through activities such as digitizing its collection, it engages with the public, fostering a deeper appreciation for art.
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Impact
July, 2024
The Nebraska Art Association has a significant impact on the local community and beyond by advancing and promoting art and art appreciation. Through art exhibits, acquiring works of art, and promoting art education to the public, the association fosters a vibrant cultural scene in Lincoln and the state of Nebraska. Their efforts in digitizing the collection of the museum make art more accessible and inspire inquiry and discovery for the University of Nebraska and the larger community. The association's dedication to enriching the artistic landscape demonstrates their commitment to cultivating a greater appreciation for the arts.
This information is meant to be a general summary of Nebraska Art Association. 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.
- Investment Income: $175,015
- Program Service Revenue: $3,564
- Gross Receipts: $1,774,159
Assets and Liabilities:
- Total Assets: $3,718,592
- Total Liabilities: $7,097
- Net Assets: $3,711,495
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION
Revenue
$3,564
Organization Details
Founding Year
1888
Phone
(402) 472-2540Principal Officer
Jason Bombeck
Main Address
SHELDON ART GALLERY 12TH R ST, LINCOLN, NE, 685080300
Website
www.sheldonartgallery.orgNTEE Category
Code: A115 - Arts
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