Overview
What is Ocean Isle Museum Foundation?
The Ocean Isle Museum Foundation, based in Ocean Isle Beach, North Carolina, is a nonprofit organization dedicated to inspiring curiosity about the unique coastal environment, history, and broader natural universe. They achieve this mission through the operation and maintenance of the Museum of Coastal Carolina and the Ingram Planetarium. Using a grant from the NC Science Museum, they provide science-based educational programs to 5,474 students both in-house and virtually, supported by 12 educators. Additionally, their outreach efforts have served 55,512 patrons and students through 416 programs. With a team of 22 employees, the Ocean Isle Museum Foundation fosters interactive, fun, and engaging experiences that encourage a deeper appreciation for the natural world.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Ocean Isle Museum Foundation has received a Three-Star rating from Charity Navigator, indicating that it performs well in various accountability and finance areas. With a strong culture and community score of 87, the organization demonstrates a commitment to engaging and serving its community effectively. The foundation has achieved an impressive 100% independence among its board members, which is a positive sign of governance and oversight.
In terms of financial management, the organization shows a healthy liabilities-to-assets ratio of 0.67% and a program expense ratio of 71%, meaning a significant portion of its expenses directly supports its programs. It has also established key policies such as conflict of interest and whistleblower protections, which contribute to its accountability. The foundation excels in feedback collection and usage, scoring 100 out of 100 in both areas, indicating a responsive approach to community needs.
However, the foundation's equity data and policies could be enhanced, as it scored low in these areas, suggesting potential gaps in its strategies related to equity and diversity. Overall, the Ocean Isle Museum Foundation appears to have a solid operational foundation and community focus, but there is room for improvement in its equity practices.
This AI summary has been generated from information found on Charity Navigator.
Is Ocean Isle Museum Foundation legitimate?
Ocean Isle Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean Isle Museum Foundation 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: $81,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $215,612
For more financial information, click here
What is the mission statement of Ocean Isle Museum Foundation?
The Ocean Isle Museum Foundation's primary mission is to operate and maintain the Museum of Coastal Carolina and the Ingram Planetarium. Their objective is to stimulate curiosity about our coastal environment, history, and the broader natural universe. They achieve this goal by providing interactive, fun, and science-based experiences. The foundation serves as a platform to inspire learning and exploration, catering to both students and visitors. Through partnerships and grants, such as the one provided by the NC Science Museum, they offer educational programs, reaching out to over 5400 students either in-house or virtually. Additionally, they conduct 416 outreach programs annually, engaging with over 55,500 patrons and students.
Who is the CEO of Ocean Isle Museum Foundation?
Robert Forrester is the Secretary of Ocean Isle Museum Foundation.
What is the revenue of Ocean Isle Museum Foundation?
Ocean Isle Museum Foundation's revenue in 2023 was $617,263.
Who are the executives of Ocean Isle Museum Foundation and what are their salaries?
The average compensation at Ocean Isle Museum Foundation during 2023 was $13,513. There are 22 employees at Ocean Isle Museum Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ocean Isle Museum Foundation?
Ocean Isle Museum Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ocean Isle Museum Foundation
The Ocean Isle Museum Foundation is dedicated to the operation and maintenance of two distinct educational facilities: the Museum of Coastal Carolina and the Ingram Planetarium. Their primary objective is to stimulate curiosity and foster a deeper understanding of the fascinating coastal environment, rich history, and broader natural universe. They achieve this goal by offering engaging, interactive, and science-based experiences that are both enjoyable and enlightening. By providing these resources, the Ocean Isle Museum Foundation aims to inspire individuals of all ages to explore and appreciate the wonders of the world around them.
In pursuing its mission, the Ocean Isle Museum Foundation offers a variety of science-based programs that cater to students, serving a total of 5,474 learners either in-person or virtually through the support of 12 educators, funded by the NC Science Museum Grant. Additionally, the foundation extends its outreach by offering 416 programs to a broader audience of 55,512 patrons and students. By providing these educational opportunities, the Ocean Isle Museum Foundation plays a crucial role in promoting scientific literacy and fostering a lifelong love of learning.
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Impact
July, 2024
The Ocean Isle Museum Foundation's impact is substantial, as it operates and maintains the Museum of Coastal Carolina and the Ingram Planetarium. Through its science-based programs, the foundation inspires curiosity about the unique coastal environment, history, and the broader natural universe. By providing interactive and fun experiences, the foundation served 5,474 students both in-house and virtually, supported by 12 educators. Additionally, through outreach efforts, the foundation conducted 416 programs, benefiting 55,512 patrons and students. This impactful work helps promote education and engagement in science and arts, enhancing the community's understanding of the world around them.
This information is meant to be a general summary of Ocean Isle Museum Foundation. 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: $692
- Program Service Revenue: $412,949
- Gross Receipts: $778,808
Assets and Liabilities:
- Total Assets: $2,807,861
- Total Liabilities: $18,934
- Net Assets: $2,788,927
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$364,005
SCHOOL GROUP REVENUE
Revenue
$34,914
PROGRAM INCOME
Revenue
$14,030
Organization Details
Phone
(910) 579-1016Principal Officer
Robert Forrester
Main Address
21 E 2ND ST, OCEAN ISLE BEACH, NC, 28469
NTEE Category
Code: A50I - Arts
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