Overview
What is The Mineralogical Record?
The Mineralogical Record is a distinguished, nonprofit organization situated in Tucson, Arizona. Known for its commitment to mineral collecting, the organization publishes a highly regarded journal titled "The Mineralogical Record Magazine" six times annually. This publication is recognized globally as the most authoritative and respected source for mineral collectors. The organization's dedicated team of five individuals contributes to its mission, ensuring the magazine remains a valuable resource for the mineral collecting community.
Official website here: www.mineralogicalrecord.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Mineralogical Record has received an overall score of 81%, indicating a solid performance in terms of accountability and finance. This rating is derived solely from their accountability practices, which are crucial for donor trust and organizational transparency. The charity demonstrates a commitment to good governance, with a board consisting of 66% independent members and robust policies in place, such as conflict of interest and whistleblower policies.
Financially, the organization shows commendable strength, evidenced by a 100% program expense ratio, meaning all of their expenses are directed towards their programs. Additionally, there is no material diversion of assets, which points to sound financial management. The liabilities to assets ratio of 37.07% further illustrates their stability, suggesting that they are effectively managing their obligations relative to their resources.
While the charity excels in accountability and has strong financial metrics, the rating reflects a narrow focus since it is based exclusively on one beacon score. Potential donors might desire a more comprehensive overview, including program impact and effectiveness, which are not evaluated in this score. Overall, The Mineralogical Record maintains a respectable rating that underscores its commitment to responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Mineralogical Record legitimate?
The Mineralogical Record is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mineralogical Record 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: $369,360
Professional Fundraising Fees: $0
Other Salaries and Wages: $129,406
For more financial information, click here
Official website here: www.mineralogicalrecord.com
What is the mission statement of The Mineralogical Record?
The mission of The Mineralogical Record is primarily centered around the publication of its magazine, which serves as the most authoritative and widely respected mineral collectors' journal worldwide. Six times a year, this magazine is released, providing valuable information and insights to its dedicated readership. The journal's influence extends globally, making it a respected voice in the mineral collecting community.
Official website here: www.mineralogicalrecord.com
What is the revenue of The Mineralogical Record?
The Mineralogical Record's revenue in 2023 was $1,023,433.
Official website here: www.mineralogicalrecord.com
Who are the executives of The Mineralogical Record and what are their salaries?
The average compensation at The Mineralogical Record during 2023 was $99,753. There are 5 employees at The Mineralogical Record.
Here are 9 key members and their salaries:
- Compensation: $152,670
- Related: $0
- Other: $0
- Compensation: $111,590
- Related: $0
- Other: $0
- Compensation: $105,100
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mineralogicalrecord.com
Where can I find the form 990 for The Mineralogical Record?
The Mineralogical Record's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mineralogicalrecord.com
Learn more at the official website: www.mineralogicalrecord.com
Mission Statement of The Mineralogical Record
The Mineralogical Record, a renowned publication, serves as the most authoritative and widely respected mineral collectors' journal in the world. Its primary mission lies in the regular publication of this distinguished magazine six times a year. This periodical plays a pivotal role in the mineral collecting community, providing in-depth information, insights, and perspectives on various mineralogical topics.
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Impact
July, 2024
The Mineralogical Record's impact lies in its role as the most authoritative and widely respected mineral collectors' journal in the world. Through the publication of their magazine six times each year, they provide a platform for in-depth discussions, research, and insights into the world of mineralogy. This has a significant impact on the broader scientific community, promoting knowledge sharing, advancements in research, and fostering a community of mineral collectors and enthusiasts worldwide. The Mineralogical Record contributes to the advancement of science research in the field of mineralogy, making it a valuable resource for professionals and enthusiasts alike.
This information is meant to be a general summary of The Mineralogical Record. 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: $16,637
- Program Service Revenue: $762,763
- Gross Receipts: $1,050,936
Assets and Liabilities:
- Total Assets: $2,359,817
- Total Liabilities: $874,835
- Net Assets: $1,484,982
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Book Distribution
Revenue
$10,426
Publication of Journal
Revenue
$752,337
Organization Details
Founding Year
1977
Principal Officer
Wendell Wilson
Website
www.mineralogicalrecord.comNTEE Category
Code: U03 - Science research
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