Overview
What is Orlando Museum Of Art Inc?
The Orlando Museum of Art Inc, located at 2416 N Mills Avenue, Orlando, Florida 32803, serves as a cultural hub, showcasing both temporary and permanent art exhibitions. Their mission is to engage and inspire a diverse audience, fostering creativity, passion, and intellectual curiosity through art and innovative ideas. The museum houses various exhibitions in a manner that enhances viewers' understanding and appreciation of art. With a staff of 52 dedicated individuals, the Orlando Museum of Art offers educational programming that leaves an enduring cultural legacy in Central Florida.
Official website here: www.omart.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97%
The Orlando Museum Of Art Inc has achieved a remarkable score of 97% on Charity Navigator, earning a prestigious Four-Star out of Four Star rating. This high score reflects the organization's strong commitment to accountability and financial management, indicating that it operates with transparency and responsibility. The rating is derived solely from its accountability and finance metrics, highlighting the organization’s robust governance practices.
Key strengths of the Orlando Museum Of Art include a fully independent board of directors, exceptional financial oversight, and no reported material diversion of assets. The museum's financial practices are reinforced by strong ratios, such as a program expense ratio of 70.80%, which shows that a significant portion of its funds is directed towards its programs and mission. Additionally, the low fundraising efficiency ratio of $0.08 suggests the organization is effective in raising funds relative to the costs incurred.
While the data indicates a strong financial standing and operational integrity, there are no noted limitations or areas for improvement in the available feedback. Overall, the Orlando Museum Of Art Inc sets a high standard for nonprofit governance and financial health, making it a trustworthy organization for benefactors and patrons alike.
This AI summary has been generated from information found on Charity Navigator.
Is Orlando Museum Of Art Inc legitimate?
Orlando Museum Of Art Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orlando Museum Of Art 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: $253,727
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,231,050
For more financial information, click here
Official website here: www.omart.org
What is the mission statement of Orlando Museum Of Art Inc?
The Orlando Museum of Art Inc's mission is centered around inspiring creativity, passion, and intellectual curiosity. They achieve this by connecting people with art and new ideas. The museum aims to positively impact lives through inclusive, innovative, and inspiring educational programming. This educational approach is intended to leave a lasting cultural legacy in Central Florida. Furthermore, the Orlando Museum of Art strives to stimulate creativity and curiosity in individuals from various backgrounds and experiences by exposing them to compelling art and fresh perspectives.
Official website here: www.omart.org
Who is the CEO of Orlando Museum Of Art Inc?
Joann Walfish is the Principal Officer of Orlando Museum Of Art Inc. The CEO's salary of Orlando Museum Of Art Inc is $194,055 and their total compensation is $198,406.
Official website here: www.omart.org
What is the revenue of Orlando Museum Of Art Inc?
Orlando Museum Of Art Inc's revenue in 2022 was $4,128,087.
Official website here: www.omart.org
Who are the executives of Orlando Museum Of Art Inc and what are their salaries?
The average compensation at Orlando Museum Of Art Inc during 2022 was $28,553. There are 52 employees and 121 volunteers at Orlando Museum Of Art Inc.
Here are 33 key members and their salaries (Orlando Museum Of Art Inc's CEO's salary is $194,055 and their total compensation is $198,406):
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- Compensation: $194,055
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Official website here: www.omart.org
Where can I find the form 990 for Orlando Museum Of Art Inc?
Orlando Museum Of Art Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.omart.org
Learn more at the official website: www.omart.org
Mission Statement of Orlando Museum Of Art Inc
Orlando Museum of Art Inc, an esteemed cultural institution, is dedicated to inspiring creativity, passion, and intellectual curiosity among its diverse audience. Its mission is threefold. Firstly, the museum aims to interpret and showcase art in a way that resonates with the public, fostering a connection between people and new ideas. Secondly, it seeks to positively impact lives through inclusive, innovative, and inspiring educational programming. This programming is designed to endure as a cultural legacy in Central Florida. Lastly, Orlando Museum of Art Inc strives to stimulate creativity, passion, and intellectual curiosity by connecting individuals from various backgrounds and experiences with compelling art and novel concepts. By doing so, the museum serves as a platform for promoting artistic expression and fostering a deeper understanding of the human experience.
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Impact
July, 2024
Orlando Museum Of Art Inc inspires creativity, passion, and intellectual curiosity by connecting people with art and new ideas. Through its exhibitions, the museum presents a diverse range of temporary and permanent collections in a manner that enhances the understanding and appreciation of art. By offering continuous art exhibitions, the museum enhances its mission to positively affect people's lives with innovative educational programming. Orlando Museum Of Art Inc stimulates creativity, passion, and intellectual curiosity by connecting people from all backgrounds and experiences with compelling art and new ideas.
This information is meant to be a general summary of Orlando Museum Of Art 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.
- Investment Income: $61,520
- Program Service Revenue: $902,759
- Gross Receipts: $4,918,201
Assets and Liabilities:
- Total Assets: $14,433,730
- Total Liabilities: $505,594
- Net Assets: $13,928,136
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$439,637
EDUCATION
Revenue
$320,902
PROGRAMS
Revenue
$142,220
Organization Details
Founding Year
1926
Phone
(407) 896-4231Principal Officer
Joann Walfish
Main Address
2416 N MILLS AVENUE, ORLANDO, FL, 32803
Website
www.omart.orgNTEE Category
Code: A510 - Arts
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