Overview
What is South Carolina State Museum Foundation?
The South Carolina State Museum Foundation is a charitable organization, headquartered at 301 Gervais Street Loading Zone D, Columbia, South Carolina 29201. Its primary objective is to support and promote the purpose of the South Carolina State Museum. This involves covering exhibit costs for the museum and offering membership and various other services through the foundation. By doing so, the foundation aims to contribute to the enrichment and advocacy of the South Carolina State Museum.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
The South Carolina State Museum Foundation has achieved an impressive score of 92%, indicative of a strong commitment to accountability and financial health. With a majority of its board members being independent, the organization demonstrates high governance standards, ensuring that decisions are made without conflicts of interest. The foundation has also established robust policies regarding whistleblower protection and document retention, contributing to its overall integrity.
Financially, the foundation showcases a solid performance with a program expense ratio of 82.69%, meaning that a significant portion of its expenditures directly supports its programs. Furthermore, the organization maintains a low liabilities-to-assets ratio of 5.89%, reflecting its sound financial management and stability. This suggests that the foundation is effectively utilizing its resources for its mission.
However, while the foundation has received high marks in governance and financial management, potential donors and supporters might want to explore its specific programs and achievements in greater detail to assess its impact in the community. Overall, the South Carolina State Museum Foundation stands out as a reputable and well-managed nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is South Carolina State Museum Foundation legitimate?
South Carolina State Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Carolina State 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.
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What is the mission statement of South Carolina State Museum Foundation?
The South Carolina State Museum Foundation's mission is centered around supporting and promoting the purpose of the South Carolina State Museum. In essence, their role is to aid in the advancement and promotion of the museum, ensuring its continued success and growth. This is achieved through various means, such as covering the exhibition costs for the museum and providing membership and other services through the foundation itself. The foundation's primary goal is to contribute to the museum's growth and development, thereby enriching the cultural and educational experiences of its visitors.
Who is the CEO of South Carolina State Museum Foundation?
Rita Caughman is the Past Board Chair of South Carolina State Museum Foundation.
What is the revenue of South Carolina State Museum Foundation?
South Carolina State Museum Foundation's revenue in 2023 was $1,066,203.
Who are the executives of South Carolina State Museum Foundation and what are their salaries?
Here are 25 key members and their salaries:
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Where can I find the form 990 for South Carolina State Museum Foundation?
South Carolina State Museum Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of South Carolina State Museum Foundation
The South Carolina State Museum Foundation is committed to upholding and advocating for the purpose of the South Carolina State Museum. In essence, its mission is geared towards supporting and promoting the objectives of this esteemed museum. This support encompasses covering exhibition costs for the South Carolina State Museum, as well as offering membership and various other services through the South Carolina State Museum Foundation. By doing so, the foundation contributes significantly to the enrichment and preservation of the cultural and scientific heritage housed within the South Carolina State Museum.
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Impact
July, 2024
The impact of the South Carolina State Museum Foundation is significant in supporting and promoting the purpose of the South Carolina State Museum in Columbia, SC. Through its activities, the Foundation helps cover exhibit costs for the museum and provides membership and other services to advance the museum's mission. By supporting the arts and showcasing the state's cultural heritage, the Foundation contributes to enriching the community and promoting education and awareness of South Carolina's history and heritage.
This information is meant to be a general summary of South Carolina State 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: $165,872
- Gross Receipts: $1,942,864
Assets and Liabilities:
- Total Assets: $4,010,548
- Total Liabilities: $236,550
- Net Assets: $3,773,998
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Organization Details
Founding Year
1976
Phone
(803) 898-4975Principal Officer
Rita Caughman
Main Address
301 GERVAIS STREET LOADING ZONE D, COLUMBIA, SC, 29201
NTEE Category
Code: A115 - Arts
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