Lake Waccamaw Depot Museum Inc

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

EIN: 581364860 ✦ Lake waccamaw, NC ✦ Designated as a 501(c)(3)

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Overview

What is Lake Waccamaw Depot Museum Inc?

Lake Waccamaw Depot Museum Inc, situated in Lake Waccamaw, North Carolina, serves as an educational hub. As a history museum, its primary objective is to disseminate knowledge and promote learning. The museum's mission revolves around providing an educational experience, ensuring that visitors gain valuable insights into the region's past. The exact details about the museum's activities, initiatives, or any specific programs are not provided in the given information. However, it is clear that Lake Waccamaw Depot Museum Inc is committed to educating its community and visitors about local history.


Official website here: www.lakewaccamawdepotmuseum.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 68% (Two-Star out of Four Star rating)

Lake Waccamaw Depot Museum Inc has achieved a 68% rating from Charity Navigator, reflecting a two-star designation. The organization's strengths include full compliance with board independence and size requirements, showing a commitment to governance. Additionally, it has demonstrated effective control over assets with no material diversions and maintains transparency with its website clearly listed on tax forms.

However, there are notable weaknesses, particularly in policy adherence. The museum lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which has significantly impacted its accountability score. Furthermore, it has not posted its tax form on its nonprofit website, which detracts from its overall transparency.

Financially, the organization maintains a low liabilities-to-assets ratio, indicating a stable financial position, and a respectable program expense ratio. However, the absence of crucial governance policies may warrant further scrutiny for potential donors.


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

Is Lake Waccamaw Depot Museum Inc legitimate?

Lake Waccamaw Depot Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Waccamaw Depot Museum 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: $11,570

For more financial information, click here


Official website here: www.lakewaccamawdepotmuseum.com

What is the mission statement of Lake Waccamaw Depot Museum Inc?

The Lake Waccamaw Depot Museum, situated somewhere unknown, is dedicated to serving an educational purpose. Its mission lies in promoting learning and understanding through its exhibits and activities. By operating as an educational museum, it aims to foster knowledge and appreciation of various historical topics. The museum does not specify the particular subjects it focuses on, but its commitment to education is clear. It strives to engage visitors in a meaningful and enriching experience, encouraging them to explore and learn.


Official website here: www.lakewaccamawdepotmuseum.com

Who is the CEO of Lake Waccamaw Depot Museum Inc?

Rebecca Lane is the Chairman of Lake Waccamaw Depot Museum Inc.


Official website here: www.lakewaccamawdepotmuseum.com

What is the revenue of Lake Waccamaw Depot Museum Inc?

Lake Waccamaw Depot Museum Inc's revenue in 2022 was $51,364.


Official website here: www.lakewaccamawdepotmuseum.com

Who are the executives of Lake Waccamaw Depot Museum Inc and what are their salaries?


Here are 10 key members and their salaries:


Ron Davis (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Edmond (Co Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Coy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Lane (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Gurkin (Board Memebr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Tyler (Board Memebr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Hall (Board Memebr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Carson (Board Memebr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Houlihan (Board Memebr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Thompson (Board Memebr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakewaccamawdepotmuseum.com

Where can I find the form 990 for Lake Waccamaw Depot Museum Inc?

Lake Waccamaw Depot Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lakewaccamawdepotmuseum.com

Learn more at the official website: www.lakewaccamawdepotmuseum.com

Mission Statement of Lake Waccamaw Depot Museum Inc

Lake Waccamaw Depot Museum Inc, as an educational museum, is dedicated to serving its mission. This mission is centered around providing a learning environment that delves into history. The museum in Lake Waccamaw, North Carolina, strives to educate visitors about various historical topics, thereby fostering a deeper understanding of the past. Through its exhibits and programs, the museum aims to engage and enlighten visitors, encouraging them to appreciate and value the rich historical heritage.

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Impact




August, 2024

Lake Waccamaw Depot Museum Inc, as an educational museum in Lake Waccamaw, NC, plays a crucial role in preserving and showcasing the history of the area. Through its exhibits and programs, the museum helps educate visitors about the cultural heritage and significance of Lake Waccamaw and its surrounding areas. By offering a space for learning and appreciation of the arts, Lake Waccamaw Depot Museum Inc contributes to the enrichment of the community and the promotion of local history. Its impact is felt not only by those who visit the museum but also by the broader community that benefits from the preservation and celebration of its heritage.




This information is meant to be a general summary of Lake Waccamaw Depot Museum 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
$51,364 (2022)
Expenses
$54,786 (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
  • Program Service Revenue: $32,108
  • Gross Receipts: $51,364

Assets and Liabilities:

  • Total Assets: $202,709
  • Total Liabilities: $978
  • Net Assets: $201,731

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Programs

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

ALL OTHER PROGRAMS

Revenue

$24,773

PROGRAM INCOME - LOCAL

Revenue

$7,335

Organization Details

Founding Year

1979

Principal Officer

Rebecca Lane

Main Address

PO BOX 386, LAKE WACCAMAW, NC, 28450

NTEE Category

Code: A54 - Arts

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