Overview
What is American Friends Of The British Museum Inc?
American Friends of the British Museum Inc, established in 1989, is a U.S.-based not-for-profit organization situated in New York City. Their primary mission is to foster an understanding and appreciation of the British Museum's activities and collections among Americans, both domestically and internationally. By raising awareness, they help support the British Museum's financial, custodial, and collecting goals. In 20XX, they disbursed a significant grant of $2,661,412 to the British Museum to further this purpose. This nonprofit organization plays a crucial role in promoting the British Museum's rich heritage and cultural significance to the American audience. By doing so, they contribute to the preservation and cultivation of global art and historical knowledge.
Official website here: www.afbm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
American Friends Of The British Museum Inc has achieved a commendable score of 96%, indicating a strong performance in accountability and finance. This score is derived entirely from its Accountability & Finance metrics, which highlights a high level of transparency and sound financial practices within the organization.
The organization boasts a fully independent board, with 100% of its members meeting independence criteria, and it has received top marks in various categories including financial statements and the absence of material diversion of assets. Additionally, it has implemented essential policies such as conflict of interest and whistleblower protections, contributing to its overall strong governance.
While the organization excels in financial health and governance, the absence of specific information regarding program effectiveness or community impact may be noted as a limitation. Nevertheless, the financial ratios indicate a strong commitment to allocating funds towards its mission, with a program expense ratio of 95.61%, which suggests that the majority of its resources are directed towards impactful programs.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of The British Museum Inc legitimate?
American Friends Of The British Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of The British 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.
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Official website here: www.afbm.org
What is the mission statement of American Friends Of The British Museum Inc?
American Friends of the British Museum Inc, established in 1989, operates as a U.S.-based not-for-profit organization. Its primary mission is to foster awareness among Americans, both in the United States and overseas, about the activities and collections of the British Museum. By doing so, the organization supports the British Museum's financial, custodial, and collecting goals. It serves as a bridge, helping to facilitate the achievement of the British Museum's objectives.
Official website here: www.afbm.org
Who is the CEO of American Friends Of The British Museum Inc?
John Micklethwait is the Chairman of American Friends Of The British Museum Inc.
Official website here: www.afbm.org
What is the revenue of American Friends Of The British Museum Inc?
American Friends Of The British Museum Inc's revenue in 2022 was $995,747.
Official website here: www.afbm.org
Who are the executives of American Friends Of The British Museum Inc and what are their salaries?
There 12 volunteers at American Friends Of The British Museum Inc.
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Official website here: www.afbm.org
Where can I find the form 990 for American Friends Of The British Museum Inc?
American Friends Of The British Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.afbm.org
Learn more at the official website: www.afbm.org
Mission Statement of American Friends Of The British Museum Inc
American Friends of the British Museum, Inc., established in 1989, serves as a U.S.-based not-for-profit organization with a primary mission. This mission involves raising awareness among Americans, both in the U.S. and overseas, about the activities and collections of the renowned British Museum. By fostering this understanding, the organization aims to contribute to the British Museum's financial, custodial, and collecting objectives. In essence, American Friends of the British Museum, Inc. functions as a bridge, connecting Americans to the rich treasures and activities of the British Museum, thereby supporting its overall goals.
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Impact
July, 2024
American Friends Of The British Museum Inc's impact lies in its crucial role in raising awareness of the activities and collections of the British Museum among Americans in the U.S. and overseas. By fulfilling this mission, the organization supports the financial, custodial, and collecting goals of the British Museum. In the previous year, American Friends Of The British Museum Inc provided grants totaling $2,661,412 to the British Museum, furthering its aim of enhancing awareness and support for this renowned institution. This contribution aids in preserving and promoting the cultural heritage housed within the British Museum, showcasing its significance on an international scale.
This information is meant to be a general summary of American Friends Of The British 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 2022.
- Investment Income: $606,009
- Gross Receipts: $1,682,242
Assets and Liabilities:
- Total Assets: $2,180,959
- Total Liabilities: $20,340
- Net Assets: $2,160,619
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Organization Details
Founding Year
1989
Phone
(212) 812-4362Principal Officer
John Micklethwait
Main Address
31 WEST 34TH ST 7TH FLOOR 7010, NEW YORK, NY, 10001
Website
www.afbm.orgNTEE Category
Code: Q110 - International
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