Overview
What is Taubman Museum Of Art?
The Taubman Museum of Art, located at 110 SALEM AVE SE, Roanoke, VA 24011, is a nonprofit organization dedicated to fostering art appreciation within the Roanoke Valley area. Their mission is to bring people and art together for discovery, learning, and enjoyment. By serving diverse communities, they engage all audiences through celebrating the creative process. The museum emphasizes American art and regional culture, demonstrating commitment to excellence in its collection, scholarship, education, and creative activities. Through art classes, lectures, shows, exhibits, theatrical and musical programs, film presentations, workshops, and educational initiatives, the Taubman Museum of Art provides a vibrant platform for artistic expression and learning.
Official website here: www.taubmanmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
The Taubman Museum of Art has achieved an impressive four-star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. This high score indicates that the organization is well-managed, with a focus on transparency in its operations and finances, which is crucial for donor trust and engagement.
A significant strength of the museum is its governance structure, boasting a fully independent board of 23 members, which enhances oversight and decision-making. The organization has also demonstrated fiscal responsibility, with a program expense ratio of 68.40%, indicating that a substantial portion of its funding is directed towards its programs rather than administrative costs.
While the museum shows exemplary performance in various financial metrics, it is important for potential donors to consider the overall impact of its programs and community engagement. The financial health and governance practices are robust, but an understanding of its mission effectiveness would provide a fuller picture of its contributions to the arts and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Taubman Museum Of Art legitimate?
Taubman Museum Of Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taubman Museum Of Art 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: $425,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,696,836
For more financial information, click here
Official website here: www.taubmanmuseum.org
What is the mission statement of Taubman Museum Of Art?
The Taubman Museum of Art's mission is dedicated to fostering connections between people and art, promoting discovery, learning, and enjoyment. Catering to the diverse communities in its region, the museum engages all audiences by celebrating and enjoying the creative process. It is committed to achieving excellence in its collection, scholarship, education, and creative activities, with a particular focus on American art and regional culture. The Institute of Art within the museum specializes in the exhibition, education, and scholarship of 19th and 20th-century American art.
Official website here: www.taubmanmuseum.org
What is the revenue of Taubman Museum Of Art?
Taubman Museum Of Art's revenue in 2024 was $4,427,318.
Official website here: www.taubmanmuseum.org
Who are the executives of Taubman Museum Of Art and what are their salaries?
The average compensation at Taubman Museum Of Art during 2024 was $42,441. There are 50 employees and 30 volunteers at Taubman Museum Of Art.
Here are 27 key members and their salaries:
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Official website here: www.taubmanmuseum.org
Where can I find the form 990 for Taubman Museum Of Art?
Taubman Museum Of Art's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.taubmanmuseum.org
Learn more at the official website: www.taubmanmuseum.org
Mission Statement of Taubman Museum Of Art
The Taubman Museum of Art is dedicated to fostering a connection between people and art, encouraging discovery, learning, and enjoyment. Serving the diverse communities in its region, this renowned institution engages all audiences through the celebration and appreciation of the creative process. Committed to maintaining excellence in its collection, scholarship, education, and creative activities, the museum places a significant emphasis on American art and regional culture. The Taubman Museum of Art's Institute of Art specializes in showcasing, educating, and researching 19th and 20th-century American art, thereby contributing to the broader artistic landscape and engaging the public in thoughtful and enriching artistic experiences.
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Impact
July, 2024
The Taubman Museum of Art plays a vital role in the Roanoke Valley area by serving as a hub for art appreciation, education, and cultural enrichment. Through its various programs, including art classes, lectures, exhibitions, theatrical performances, and workshops, the museum stimulates a deeper understanding and appreciation of art among the diverse communities in the region.
By focusing on American art and regional culture, the Taubman Museum of Art not only preserves and showcases the creative heritage of the area but also fosters a sense of pride and connection among the local population. Its commitment to excellence in collection, scholarship, education, and creative activities ensures that visitors of all ages and backgrounds have access to high-quality artistic experiences.
Overall, the museum's impact extends beyond the walls of its building, contributing to the cultural vibrancy and artistic development of the Roanoke Valley community.
This information is meant to be a general summary of Taubman Museum Of Art. 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 2024.
- Investment Income: $766,959
- Program Service Revenue: $1,007,603
- Gross Receipts: $6,791,279
Assets and Liabilities:
- Total Assets: $68,810,995
- Total Liabilities: $232,085
- Net Assets: $68,578,910
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATION PROGRAM FEES
Revenue
$84,632
INNOVATIVE PROGRAMS
Revenue
$142,761
OTHER
Revenue
$548,438
Space Rentals
Revenue
$206,226
TICKETED EXHIBITION
Revenue
$25,546
Organization Details
Founding Year
1951
Principal Officer
Cindy Petersen
Website
www.taubmanmuseum.orgNTEE Category
Code: A510 - Arts
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