Overview
What is The Museum Association Inc?
The Museum Association Inc, based in Greenville, South Carolina, is a nonprofit organization dedicated to supporting the Greenville County Museum of Art. Their primary objective is to aid in the acquisition of significant art pieces by providing funds specifically for purchasing certain art objects. This contribution plays a crucial role in the museum's mission to promote fine arts. The organization operates within the boundaries of Greenville, SC, and contributes to the enrichment of the local art scene by supporting the museum's endeavors.
Official website here: www.gcma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Museum Association Inc has received an overall score of 84%, which reflects solid performance in accountability and finance. Notably, the organization excels in having a completely independent board and effective financial oversight, contributing to its strong financial ratios. The program expense ratio is particularly high at 98.58%, indicating that the majority of its resources are dedicated to its programs rather than administrative costs.
However, there are notable weaknesses in the organization's governance practices. The absence of key policies such as a conflict of interest policy, whistleblower policy, and document retention policy highlights areas for improvement in governance. Additionally, the nonprofit has not posted its tax form on its website, which could impact transparency regarding its financial activities.
Overall, while The Museum Association Inc shows strength in financial management and board independence, addressing governance gaps will be essential to enhance accountability and trust among its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Museum Association Inc legitimate?
The Museum Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Museum Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.gcma.org
What is the mission statement of The Museum Association Inc?
The Museum Association Inc's mission is centered around assisting the Greenville County Museum of Art in promoting fine arts. In this capacity, they contribute funds specifically for the purchase of significant art objects, thereby aiding in the expansion and enrichment of the museum's collection. This commitment to the arts fosters a deeper appreciation and understanding of the field for a broader audience.
Official website here: www.gcma.org
What is the revenue of The Museum Association Inc?
The Museum Association Inc's revenue in 2023 was $475,263.
Official website here: www.gcma.org
Who are the executives of The Museum Association Inc and what are their salaries?
There 75 volunteers at The Museum Association Inc.
Here are 11 key members and their salaries:
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Official website here: www.gcma.org
Where can I find the form 990 for The Museum Association Inc?
The Museum Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gcma.org
Learn more at the official website: www.gcma.org
Mission Statement of The Museum Association Inc
The Museum Association Inc plays a crucial role in supporting the Greenville County Museum of Art. Their mission is centered around assisting this esteemed institution in promoting fine arts. Specifically, they contribute funds towards the acquisition of significant art objects, thereby enhancing the museum's collection and offering a richer artistic experience to its visitors. By doing so, The Museum Association Inc contributes to the preservation and appreciation of art, thereby enriching cultural discourse and fostering an appreciation for the finer things in life.
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Impact
July, 2024
The Museum Association Inc's impact lies in its crucial support for the Greenville County Museum of Art in promoting fine arts. Through contributing funds specifically for the purchase of significant art objects, this organization plays a vital role in enriching the museum's collection and enhancing the cultural experience for the community in Greenville, South Carolina. Their mission to support the arts is reflected in their tangible contributions to the museum's preservation and celebration of artistic heritage.
This information is meant to be a general summary of The Museum Association 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 2023.
- Investment Income: $20,659
- Gross Receipts: $475,263
Assets and Liabilities:
- Total Assets: $683,645
- Total Liabilities: $0
- Net Assets: $683,645
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Organization Details
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