Overview
What is Museum Of Contemporary Art Inc?
The Museum of Contemporary Art Inc, situated amongst diverse communities, is a nonprofit organization committed to bridging the gap in contemporary art accessibility, particularly for underserved populations. By curating an extensive collection, preserving significant artworks, and showcasing exhibitions, they aim to illuminate the connections between modern art and broader cultural contexts. Their mission is to promote an inclusive appreciation for contemporary art, ensuring its historical influences are understood and appreciated by a wide range of audiences.
Official website here: www.mocanomi.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Museum of Contemporary Art Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid performance in its accountability and finance practices. The organization has demonstrated strong governance with a fully independent board and effective financial oversight, as evidenced by the absence of material diversions of assets and a commitment to transparency in its financial statements.
Despite its strengths in governance and fundraising efficiency, the nonprofit faces a notable shortcoming regarding its whistleblower policy, which is currently missing. This absence could be seen as a limitation in its overall accountability framework. Furthermore, while the program expense ratio is relatively low, indicating less spending on its mission-related activities compared to its overall budget, the organization maintains a healthy financial position with a reasonable working capital ratio.
Overall, the Museum of Contemporary Art Inc displays commendable financial management and board governance, but there are areas for improvement, particularly in enhancing its policies to ensure comprehensive accountability and a stronger focus on program-related expenditures.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Museum Of Contemporary Art Inc?
92% of 236 reviewers on Facebook recommend the Museum of Contemporary Art Inc. Here is a summary of their reviews:
Many visitors express excitement about the museum's modern and up-to-date exhibits, highlighting its contemporary focus. Users appreciate the effort to maintain a dynamic and engaging environment, indicating that it creates a positive experience for art lovers and casual visitors alike.
Overall, the sentiment is largely favorable, and there is a sense of anticipation among those who plan to visit soon. The museum seems to successfully deliver a contemporary art experience that resonates well with its audience.
This AI summary has been generated from reviews found on Facebook.
Is Museum Of Contemporary Art Inc legitimate?
Museum Of Contemporary Art Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Museum Of Contemporary 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $982,658
For more financial information, click here
Official website here: www.mocanomi.org/
What is the mission statement of Museum Of Contemporary Art Inc?
The Museum of Contemporary Art Inc's mission is centered around making contemporary art accessible to a wide range of audiences, with a particular focus on underserved populations. They achieve this by curating, preserving, and displaying top-tier contemporary art, as well as exploring its historical context within a broader cultural sphere. The institution is committed to bridging the gap between contemporary art and various communities, fostering understanding and appreciation for this artistic movement.
Official website here: www.mocanomi.org/
Who is the CEO of Museum Of Contemporary Art Inc?
Chana Budgazad Sheldon is the Chairman of Museum Of Contemporary Art Inc.
Official website here: www.mocanomi.org/
What is the revenue of Museum Of Contemporary Art Inc?
Museum Of Contemporary Art Inc's revenue in 2022 was $3,461,861.
Official website here: www.mocanomi.org/
Who are the executives of Museum Of Contemporary Art Inc and what are their salaries?
The average compensation at Museum Of Contemporary Art Inc during 2022 was $25,859. There are 38 employees and 14 volunteers at Museum Of Contemporary Art Inc.
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Official website here: www.mocanomi.org/
Where can I find the form 990 for Museum Of Contemporary Art Inc?
Museum Of Contemporary Art Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mocanomi.org/
Learn more at the official website: www.mocanomi.org/
Mission Statement of Museum Of Contemporary Art Inc
The Museum of Contemporary Art Inc, with a focus on diversity and inclusivity, aims to make contemporary art accessible to underserved populations. This is achieved through the collection, preservation, and exhibition of the finest works of contemporary art and its historical influences. The museum's mission is to bridge the gap between art and various communities, ensuring that everyone has the opportunity to engage with and understand the art of their time within its broader cultural context. By doing so, the Museum of Contemporary Art Inc contributes to a more inclusive and enriched society.
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Impact
July, 2024
The Museum Of Contemporary Art Inc is dedicated to making contemporary art accessible to diverse audiences, particularly underserved populations, by exploring the art of our time and its relationship to a broader cultural context. By collecting, preserving, and exhibiting the best of contemporary art and its art historical influences, the museum has a significant impact on fostering a greater understanding and appreciation for contemporary art among a wide range of individuals. Through its mission, the Museum Of Contemporary Art Inc is actively contributing to a more inclusive and culturally enriched society.
This information is meant to be a general summary of Museum Of Contemporary 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: $48,959
- Program Service Revenue: $87,123
- Gross Receipts: $3,469,072
Assets and Liabilities:
- Total Assets: $2,795,262
- Total Liabilities: $180,999
- Net Assets: $2,614,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR EDUCATION
Revenue
$33,118
MEMBERSHIP DUES
Revenue
$29,890
MUSEUM ADMISSIONS
Revenue
$24,115
Organization Details
Founding Year
1981
Phone
(305) 893-6211Principal Officer
Chana Budgazad Sheldon
Main Address
770 NE 125TH STREET, NORTH MIAMI, FL, 33161
Website
www.mocanomi.org/NTEE Category
Code: A510 - Arts
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