Overview
What is Eleutherian Mills-Hagley Foundation Inc?
The Eleutherian Mills-Hagley Foundation Inc, located in Wilmington, Delaware, is a nonprofit organization that operates Hagley Museum. Covering 235 acres along the Brandywine River, Hagley is a historical site showcasing early American industry, including restored mills, a workers' community, and the ancestral home of the du Pont family. The foundation's mission is to preserve and interpret the history of American enterprise by collecting and exhibiting relevant objects and artifacts. Hagley Museum and Library inspires innovation in visitors through exploration of historical collections, the original DuPont powder yard, and online resources. The foundation employs a team of 192 individuals dedicated to this purpose.
Official website here: www.hagley.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
The Eleutherian Mills-Hagley Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The charity scored 100% in key areas such as having a majority of independent board members and an effective audit and oversight committee. This high score signifies that the organization demonstrates best practices in governance and fiscal management.
The foundation's financial health is highlighted by a low liabilities-to-assets ratio of just 0.40%, indicating a solid financial footing. Furthermore, an impressive 74.56% of its expenses are directed towards programs, showcasing a commitment to its mission rather than administrative costs. This focus on programmatic spending is essential for maximizing impact and serving the community effectively.
Despite its strengths, no limitations or areas for improvement are noted in the ratings data. Overall, the Eleutherian Mills-Hagley Foundation Inc stands out as a responsible and well-managed nonprofit, reflecting its dedication to transparency and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Eleutherian Mills-Hagley Foundation Inc legitimate?
Eleutherian Mills-Hagley Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eleutherian Mills-Hagley Foundation 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: $450,959
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,012,804
For more financial information, click here
Official website here: www.hagley.org
What is the mission statement of Eleutherian Mills-Hagley Foundation Inc?
The Eleutherian Mills-Hagley Foundation Inc is dedicated to preserving and interpreting the historical developments of American enterprise. Through its museum and library, the foundation inspires innovation by inviting people to explore and investigate historical collections and online resources. The organization's mission transcends the confines of its physical location, as it aims to inspire individuals to embrace creativity and progress. By showcasing the history of American business, technology, and innovation, the foundation offers unique insights into the unfolding story of the country's development.
Official website here: www.hagley.org
What is the revenue of Eleutherian Mills-Hagley Foundation Inc?
Eleutherian Mills-Hagley Foundation Inc's revenue in 2023 was $9,614,886.
Official website here: www.hagley.org
Who are the executives of Eleutherian Mills-Hagley Foundation Inc and what are their salaries?
The average compensation at Eleutherian Mills-Hagley Foundation Inc during 2023 was $28,457. There are 192 employees and 813 volunteers at Eleutherian Mills-Hagley Foundation Inc.
Here are 20 key members and their salaries:
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Official website here: www.hagley.org
Where can I find the form 990 for Eleutherian Mills-Hagley Foundation Inc?
Eleutherian Mills-Hagley Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hagley.org
Learn more at the official website: www.hagley.org
Mission Statement of Eleutherian Mills-Hagley Foundation Inc
The Eleutherian Mills-Hagley Foundation Inc, a renowned organization, is dedicated to the preservation and interpretation of American enterprise history. With a mission to inspire innovation, Hagley Museum and Library invites visitors to delve into its historical collections and explore the intricacies of early American industry.
This esteemed institution collects, safeguards, and shares the stories of groundbreaking business ventures, technology, and the influential impact they have had on the world. Hagley Museum and Library's expansive offerings extend beyond the confines of its walls, reaching out to a global audience through online resources.
The Hagley Museum's captivating exhibits showcase objects and artifacts that illuminate the intriguing history of American business, its technological advancements, and the rippling effects it has had on society. This fascinating journey invites people to reflect on the past and apply these learnings to their own lives, fostering a sense of creativity and innovation.
The Hagley Museum and Library's dedication to uncovering the past is evident in its impressive collections, which include restored mills, a workers' community, and the ancestral home and gardens of the du Pont family. Each artifact tells a story, revealing the people, processes, and progress that shaped the American business landscape. Through these preserved pieces, the Eleutherian Mills-Hagley Foundation Inc offers a rich learning experience, inspiring individuals to embrace their own potential for innovation.
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Impact
October, 2024
Eleutherian Mills-Hagley Foundation Inc plays a vital role in preserving and interpreting the history of American enterprise. Located on a historic site along the Brandywine River in Wilmington, Delaware, the Hagley Museum showcases significant aspects of early American industry, particularly through the lens of the gunpowder works established by E. I. du Pont de Nemours in 1802. Visitors can explore restored mills, a workers' community, and the du Pont family's ancestral home and gardens.
Through its extensive collection of objects and artifacts, Hagley offers insights into the development of American business, technology, and innovation, highlighting their far-reaching impacts on society and the world. The foundation aims to inspire creativity and innovation by encouraging exploration of its historical collections and resources, inviting individuals to engage with the stories of past entrepreneurs and industries. This connection to history serves not only to educate but also to motivate people to apply lessons from the past to their own lives.
This information is meant to be a general summary of Eleutherian Mills-Hagley Foundation 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: $3,428,477
- Program Service Revenue: $360,399
- Gross Receipts: $41,043,950
Assets and Liabilities:
- Total Assets: $181,925,945
- Total Liabilities: $744,897
- Net Assets: $181,181,048
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Admissions
Revenue
$360,399
Organization Details
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