Overview
What is Matthews Historical Foundation Inc?
Matthews Historical Foundation Inc is a nonprofit organization situated in Matthews, North Carolina. They are dedicated to preserving and safeguarding the cultural, architectural, and historical heritage of Matthews. This is achieved through rigorous research and protection efforts. Their main base of operations is the Matthews Heritage Museum, housed in a restored 1880s property that the foundation owns. The museum, staffed by a paid director and volunteer guides, has been a valuable resource for the community since its opening in 2013. The foundation also aims to engage and educate future generations about local history, including providing tours tailored for early elementary school students. The museum is open three days a week, contributing to the broader awareness and appreciation of Matthews' past.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Matthews Historical Foundation Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 73% based solely on its Accountability & Finance metrics. This rating indicates that while the organization demonstrates some strong financial practices, there is room for improvement in other areas that could enhance its overall effectiveness and transparency.
The foundation excels in several key areas, notably having a fully independent board with 11 members, which contributes positively to its governance structure. It also reported no material diversion of assets, maintains a low liabilities to assets ratio of 2.73%, and allocates 100% of its expenses directly to program activities. These strengths highlight a commitment to responsible financial management and accountability.
However, the overall Two-Star rating suggests that there may be concerns regarding other operational aspects not evaluated in this summary, such as program impact or community engagement. While the financial metrics are solid, the organization may need to focus on enhancing its broader operational effectiveness to improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Matthews Historical Foundation Inc legitimate?
Matthews Historical Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matthews Historical Foundation 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: $1,275
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,454
For more financial information, click here
What is the mission statement of Matthews Historical Foundation Inc?
The Matthews Historical Foundation Inc's mission is centered around researching, preserving, and safeguarding the cultural, architectural, and historical heritage. This organization strives to involve and educate future generations about this heritage. By operating the Matthews Heritage Museum, housed in a restored 1880 home, they provide a historical asset to the community. The museum, led by a paid director and volunteers, offers tours to the public and even has a specialized tour for early elementary school students. The foundation's efforts to engage with local schools ensure that a new generation is being made aware of their local history, with the museum being open three days a week.
Who is the CEO of Matthews Historical Foundation Inc?
Becky Willard is the Trustee of Matthews Historical Foundation Inc.
What is the revenue of Matthews Historical Foundation Inc?
Matthews Historical Foundation Inc's revenue in 2022 was $65,408.
Who are the executives of Matthews Historical Foundation Inc and what are their salaries?
The average compensation at Matthews Historical Foundation Inc during 2022 was $11,364. There are 2 employees and 12 volunteers at Matthews Historical Foundation Inc.
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Where can I find the form 990 for Matthews Historical Foundation Inc?
Matthews Historical Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Matthews Historical Foundation Inc
Matthews Historical Foundation Inc, a nonprofit organization, is dedicated to preserving and safeguarding the cultural, architectural, and historical legacy of Matthews. Their mission is twofold: firstly, to conduct extensive research and analysis to uncover and understand the rich history of this area; and secondly, to engage and educate future generations about this heritage. The Foundation achieves this by owning and operating the Matthews Heritage Museum, a restored 1880 home that has served as a historical beacon for the community since its opening in 2013. The museum is staffed by a dedicated director and a team of volunteer docents who provide guided tours to the public, as well as specialized tours tailored for local elementary school students. By sharing this historical knowledge, the Foundation ensures that the legacy of Matthews is not lost but rather, is passed down to new generations, fostering a deep appreciation for the area's past.
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Impact
August, 2024
Matthews Historical Foundation Inc's impact is significant in the preservation and promotion of the cultural, architectural, and historical heritage of Matthews. The Foundation operates the Matthews Heritage Museum in a restored 1880 home, providing a valuable historical asset to the community. Through guided tours by trained docents and educational programs tailored to different age groups, including elementary school students, the Foundation is actively engaging and educating future generations about the local history. The museum's presence and outreach efforts are raising awareness and appreciation for Matthews' heritage, ensuring that it is passed down and cherished by generations to come.
This information is meant to be a general summary of Matthews Historical Foundation 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 2022.
- Program Service Revenue: $1,372
- Gross Receipts: $65,408
Assets and Liabilities:
- Total Assets: $701,943
- Total Liabilities: $23,123
- Net Assets: $678,820
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Museum admissions
Revenue
$1,372
Organization Details
Founding Year
2009
Principal Officer
Becky Willard
Main Address
PO Box 1117, Matthews, NC, 28106
NTEE Category
Code: A82I - Arts
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