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Mint Museum Of Art Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 560670666 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Mint Museum Of Art Inc?

The Mint Museum of Art Inc, situated in Charlotte, North Carolina, is a renowned, innovative art and design institution committed to engaging and inspiring its global community. As a leader in collecting, exhibiting, conserving, researching, publishing, interpreting, and sharing art and design from around the world, the Mint Museum adheres to core values such as leadership, integrity, inclusivity, knowledge, stewardship, and innovation. The museum fosters an understanding and respect for diverse peoples and cultures through admission, special events, learning and engagement programs, and outreach initiatives, reaching over half a million people annually. In FY22, the Mint Museum continued its core activities, including expanding its permanent collections, launching new exhibitions, engaging visitors, and implementing new communication strategies. Notable exhibitions included "John Leslie Breck: American Impressionist," inspired by the 2016 acquisition of Breck's painting, and "The World of Anna Sui," the last stop of an international tour showcasing Sui's impact on pop-culture fashion. Furthermore, the museum hosted community engagement programs, such as Mint to Move, Wild Wednesdays, and Party in the Park, attracting thousands of visitors. The Mint Museum collaborates with various community organizations, including schools, cultural centers, and universities, to provide a broad array of programming for community members. Additionally, the museum contributes to the regional economy through employment, sales, and taxes, as well as offering vital venues for local businesses to partner and thrive. Overall, the Mint Museum strives to serve as a transformational center for community engagement and inspiration.


Official website here: www.mintmuseum.org

What are the reviews and ratings of this charity?

Mint Museum Of Art Inc has earned a remarkable Four-Star out of Four Star rating from Charity Navigator, with an impressive overall score of 97%. This high rating is indicative of exceptional accountability and financial management, solely derived from its Accountability & Finance benchmark. The organization showcases a robust framework for governance, exemplified by its completely independent board and high ratings across various financial practices.

Strengths highlighted include a solid program expense ratio indicating that a significant majority of its expenditures are directed towards programs rather than administrative costs. Additionally, the museum has consistently demonstrated effective fundraising efficiency and maintains a very low liabilities-to-assets ratio, suggesting strong financial health. The presence of key policies, such as conflict of interest and whistleblower protections, further underscores its commitment to transparency and ethical practices.

Unfortunately, user reviews from GreatNonprofits were not available at this time, limiting insights into public sentiment. Overall, Mint Museum Of Art Inc appears to be a well-managed organization with proven accountability, making it a trustworthy choice for potential donors and supporters.


This AI summary has been generated from information found on Charity Navigator.

Is Mint Museum Of Art Inc legitimate?

Mint Museum Of Art Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mint Museum Of Art 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: $506,879
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,191,553

For more financial information, click here


Official website here: www.mintmuseum.org

What is the mission statement of Mint Museum Of Art Inc?

The Mint Museum of Art Inc is a leading organization committed to engaging and inspiring diverse communities globally through art and design. Their mission is centered around leadership, integrity, inclusiveness, knowledge, stewardship, and innovation, promoting understanding and respect for diverse cultures. The museum engages visitors of all ages and backgrounds through educational and outreach initiatives, expanding its permanent collections, and implementing new communication strategies to reach new audiences. In FY22, the museum showcased various exhibitions, including the first-ever retrospective of John Leslie Breck's impressionist paintings and "The World of Anna Sui," providing insights into the creative process of renowned artists. The Mint Museum strives to make the arts an integral part of daily life and serves as a transformative center for community engagement and inspiration.


Official website here: www.mintmuseum.org

Who is the CEO of Mint Museum Of Art Inc?

Dr Todd A Herman is the Treasurer of Mint Museum Of Art Inc. The CEO's salary of Mint Museum Of Art Inc is $289,836 and their total compensation is $309,202.


Official website here: www.mintmuseum.org

What is the revenue of Mint Museum Of Art Inc?

Mint Museum Of Art Inc's revenue in 2022 was $10,919,904.


Official website here: www.mintmuseum.org

Who are the executives of Mint Museum Of Art Inc and what are their salaries?

The average compensation at Mint Museum Of Art Inc during 2022 was $39,768. There are 93 employees and 1700 volunteers at Mint Museum Of Art Inc.


Here are 29 key members and their salaries (Mint Museum Of Art Inc's CEO's salary is $289,836 and their total compensation is $309,202):


Milton Prime (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toni Kendrick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Frazier Allen (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beaver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Bissell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Len Botkin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Armando Chardiet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Cole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucy Hardison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorie M Spratley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Mckeithen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Jones (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Quincy Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Posey Mealy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Payne Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Pitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Quartapella (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manuel Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Tarwater (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Toman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leigh-Ann Sprock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rocky Trenkelbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Wickham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Todd A Herman (President & Ceo)
  • Compensation: $289,836
  • Related: $0
  • Other: $19,366
Gary C Blankemeyer (Coo/Cfo)
  • Compensation: $177,092
  • Related: $0
  • Other: $14,721
Jennifer Sudul Edwards (Chief Curator)
  • Compensation: $104,862
  • Related: $0
  • Other: $11,878
Hillary Cooper (Chief Advancement Officer)
  • Compensation: $120,219
  • Related: $0
  • Other: $2,734
Annie Carlano (Senior Curator)
  • Compensation: $110,206
  • Related: $0
  • Other: $11,961


Official website here: www.mintmuseum.org

Where can I find the form 990 for Mint Museum Of Art Inc?

Mint Museum Of Art Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mintmuseum.org

Learn more at the official website: www.mintmuseum.org

Mission Statement of Mint Museum Of Art Inc

The Mint Museum of Art Inc, a leading and innovative institution, is committed to engaging and inspiring the global community through art and design. Its mission is centered around collecting, exhibiting, conserving, researching, interpreting, and sharing art and design from around the world. This commitment is integral to the museum's core values, which include leadership, integrity, inclusiveness, knowledge, stewardship, and innovation. These values promote understanding and respect for diverse peoples and cultures.

The Mint Museum welcomes all visitors, inviting them to be inspired and transformed through the power of art and creativity. It achieves this by offering a wide range of activities, including expanding its permanent collections, launching new exhibitions, engaging visitors of all ages and backgrounds through education and outreach initiatives, and implementing new communication strategies to reach and engage new audiences. The museum's mission is to deepen the relationship between the arts and culture sector and the diverse community it serves, reaching over 500,000 people through visitation and online channels.

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Impact




July, 2024

The Mint Museum of Art Inc, through its innovative and inclusive approach to showcasing international art and design, is making a significant impact on its global community. By expanding its permanent collections, launching new exhibitions, and engaging visitors of all ages and backgrounds through education and outreach initiatives, the Mint Museum is fostering a deeper appreciation and understanding of diverse cultures and peoples.

The museum's commitment to leadership, integrity, inclusiveness, knowledge, stewardship, and innovation is evident in its efforts to promote art and culture as essential components of daily life. Through partnerships with various community organizations and educational institutions, the Mint Museum reaches a wide audience and offers a broad array of programming that stimulates new ways of thinking about the world.

Furthermore, the Mint Museum contributes significantly to the regional economy through employment opportunities, sales, taxes, and the support of local businesses. Its special events and shops revenue, along with the contributions of annual volunteers, play a vital role in the museum's operations and its impact on the community.

Overall, the Mint Museum of Art Inc serves as a transformational center for community engagement and inspiration, enriching lives through the power of art and creativity.




This information is meant to be a general summary of Mint Museum Of Art 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.

Revenue
$10,919,904 (2022)
Expenses
$11,957,241 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,115
  • Program Service Revenue: $731,182
  • Gross Receipts: $11,572,211

Assets and Liabilities:

  • Total Assets: $82,589,737
  • Total Liabilities: $2,808,321
  • Net Assets: $79,781,416

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MUSEUM ADMISSIONS

Revenue

$507,622

EXHIBITION RENTALS

Revenue

$156,992

EDUCATION PROGRAMS

Revenue

$66,568

Organization Details

Founding Year

1936

Principal Officer

Dr Todd A Herman

Main Address

2730 RANDOLPH ROAD, CHARLOTTE, NC, 28207

NTEE Category

Code: A510 - Arts

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