Overview
What is The American Visionary Art Museum Inc?
The American Visionary Art Museum Inc is a distinguished nonprofit establishment, recognized as a nationally recognized museum and educational center. Its primary focus is on celebrating self-taught artistry, showcasing exhibitions, hosting events, and offering rental facilities. The museum's mission is to create and operate a space dedicated to the works of visionary artists, promoting their work and increasing public awareness and understanding of this unique form of artistic expression. Their goal is to foster creative and compassionate thinking, making the museum an essential resource for learning and appreciation of visionary art.
Official website here: www.avam.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The American Visionary Art Museum Inc has received a commendable Four-Star rating from Charity Navigator, with an overall score of 95%. This rating reflects the organization’s strong performance in Accountability & Finance, which is crucial for potential donors assessing the effectiveness and reliability of a nonprofit. The organization scored particularly well in areas such as independent board membership and financial oversight, indicating good governance practices.
Strengths highlighted in the evaluation include a high percentage of independent board members, robust financial health with a low liabilities to assets ratio, and a significant program expense ratio of over 76%. These factors suggest that the organization is effectively utilizing its resources towards its mission to support visionary art, while maintaining transparency and accountability in its operations.
Despite its strengths, there are always areas for improvement in any organization. While specific limitations were not detailed in the review, potential donors should consider ongoing engagement and communication with the organization to understand its future goals and challenges. Overall, The American Visionary Art Museum Inc stands out as a well-managed nonprofit with a solid commitment to its artistic mission.
This AI summary has been generated from information found on Charity Navigator.
Is The American Visionary Art Museum Inc legitimate?
The American Visionary Art Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Visionary Art 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: $461,631
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,247,754
For more financial information, click here
Official website here: www.avam.org
What is the mission statement of The American Visionary Art Museum Inc?
The American Visionary Art Museum Inc serves as a congressionally designated national museum and education center, dedicated to showcasing the works of visionary artists. The museum's mission is to exhibit, study, collect, preserve, and promote visionary art, aiming to enhance the public's awareness, knowledge, and understanding of this unique artistic expression. Additionally, the museum strives to foster creative and compassionate thinking, contributing to the broader societal discourse.
Official website here: www.avam.org
What is the revenue of The American Visionary Art Museum Inc?
The American Visionary Art Museum Inc's revenue in 2023 was $2,958,883.
Official website here: www.avam.org
Who are the executives of The American Visionary Art Museum Inc and what are their salaries?
The average compensation at The American Visionary Art Museum Inc during 2023 was $23,416. There are 73 employees and 180 volunteers at The American Visionary Art Museum Inc.
Here are 14 key members and their salaries:
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- Compensation: $178,843
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- Other: $17,170
- Compensation: $81,195
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- Other: $13,920
Official website here: www.avam.org
Where can I find the form 990 for The American Visionary Art Museum Inc?
The American Visionary Art Museum Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.avam.org
Learn more at the official website: www.avam.org
Mission Statement of The American Visionary Art Museum Inc
The American Visionary Art Museum Inc is committed to establishing and operating a museum and learning center that showcases the works of visionary artists. This prestigious institution, recognized as a Congressionally designated national museum and education center, is dedicated to the exhibition, research, preservation, and promotion of visionary art. The museum's mission extends beyond just displaying art; it aims to increase public awareness, knowledge, and understanding of this unique artistic expression and foster compassionate thinking. The American Visionary Art Museum Inc seeks to collect, study, and preserve this form of self-taught and intuitive art, thereby promoting its recognition and appreciation among various audiences.
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Impact
July, 2024
The American Visionary Art Museum Inc's impact lies in its dedication to showcasing the work of visionary artists and promoting creative, intuitive, and self-taught artistry. By operating as a national museum and learning center, it provides a platform for unconventional artists to exhibit their work and for the public to engage with unique forms of artistic expression. Through its exhibitions, events, and educational programs, the museum fosters a greater awareness and appreciation for visionary art, fostering creative, compassionate thinking in society. By showcasing the talents of individuals who might not otherwise have a platform, The American Visionary Art Museum Inc contributes to a more diverse and inclusive arts community.
This information is meant to be a general summary of The American Visionary Art 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 2023.
- Investment Income: $67,398
- Program Service Revenue: $1,382,910
- Gross Receipts: $4,052,545
Assets and Liabilities:
- Total Assets: $13,548,873
- Total Liabilities: $549,367
- Net Assets: $12,999,506
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS AND MEMBERSHIP
Revenue
$739,033
PROGRAM FACILITY RENTAL
Revenue
$618,080
OTHER
Revenue
$25,797
Organization Details
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