Overview
What is Rachel Maxwell Moore Art Foundation?
The Rachel Maxwell Moore Art Foundation, located in Greenville, North Carolina (1609 East Fifth Street), is a nonprofit organization dedicated to supporting the Greenville Museum of Art. Its primary mission is to address the specific needs of the museum, ensuring its continued growth and success. The Foundation's activities are centered around this mission, working closely with the museum to provide essential support as required.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63% (Two-Star out of Four Star rating). This rating indicates that the Rachel Maxwell Moore Art Foundation has some strengths but also notable areas for improvement. A score of 63% reflects a mixed assessment, suggesting that while the organization demonstrates good accountability and financial management in certain aspects, it lacks in transparency and governance practices.
Strengths of the foundation include a fully independent board, a strong program expense ratio of 89.55%, and a clean record regarding material diversion of assets. These elements suggest that the organization is dedicated to its mission and effectively utilizes its resources to support its programs. However, the absence of essential governance policies such as a conflict of interest policy and a whistleblower policy highlights significant gaps that could impact the organization's accountability.
On the downside, the lack of transparency is a major concern, as indicated by missing documentation on their website, including the tax form and policies for document retention. These deficiencies, along with the missing information that could enhance trust and accountability, contribute to the foundation's two-star rating. Overall, while the organization has commendable qualities, enhancing its governance and transparency practices is crucial for improving its overall rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Rachel Maxwell Moore Art Foundation legitimate?
Rachel Maxwell Moore Art Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rachel Maxwell Moore Art 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Rachel Maxwell Moore Art Foundation?
The Rachel Maxwell Moore Art Foundation's mission is centered around supporting the Greenville Museum of Art in Greenville, North Carolina. Their activities are guided by the needs of the museum, aiming to provide it with the necessary resources and assistance. The foundation's objective is to contribute to the museum's growth and development, ensuring its continued success and impact in the arts community. They do not have a specific focus on creating art themselves, but rather, they serve as a crucial supporter to the existing art institution.
Who is the CEO of Rachel Maxwell Moore Art Foundation?
William S Corbitt Iii is the Board Member of Rachel Maxwell Moore Art Foundation.
What is the revenue of Rachel Maxwell Moore Art Foundation?
Rachel Maxwell Moore Art Foundation's revenue in 2022 was $21,018.
Who are the executives of Rachel Maxwell Moore Art Foundation and what are their salaries?
Here are 3 key members and their salaries:
- 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 Rachel Maxwell Moore Art Foundation?
Rachel Maxwell Moore Art Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rachel Maxwell Moore Art Foundation
The Rachel Maxwell Moore Art Foundation is dedicated to supporting the Greenville Museum of Art in Greenville, NC, tailoring its assistance to the museum's specific needs. By prioritizing the well-being of the museum, the Foundation aims to contribute positively to the local arts community. The Foundation's mission is to provide essential resources and aid to the museum, ensuring its continued growth and success. The Foundation's ultimate goal is to contribute to the artistic and cultural landscape of the community, making the museum a vibrant and thriving center for art appreciation and education.
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Impact
October, 2024
The Rachel Maxwell Moore Art Foundation significantly contributes to the cultural landscape of Greenville, NC, by supporting the Greenville Museum of Art. This support is tailored to the specific needs of the museum, ensuring that it can provide valuable artistic experiences to the community. By facilitating funding and resources, the foundation helps to enhance programming, exhibitions, and community outreach initiatives. Its efforts foster appreciation for the arts, promote educational opportunities, and ultimately enrich the lives of residents and visitors alike. The foundation’s commitment nurtures a vibrant artistic community, strengthening the region's cultural identity.
This information is meant to be a general summary of Rachel Maxwell Moore Art 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 2022.
- Investment Income: $21,018
- Gross Receipts: $21,018
Assets and Liabilities:
- Total Assets: $351,069
- Total Liabilities: $0
- Net Assets: $351,069
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Organization Details
Founding Year
1963
Phone
(252) 467-4741Principal Officer
William S Corbitt Iii
Main Address
1609 EAST FIFTH STREET, GREENVILLE, NC, 27858
NTEE Category
Code: A51Z - Arts
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