Overview
What is Florida Association Of Museums Foundation Inc?
Florida Association of Museums Foundation Inc is a not-for-profit organization dedicated to representing and addressing the needs of Florida's museums and museum professionals. Based in Tallahassee, Florida, the organization's mission is to promote communication within its members, enhance their ability to serve the public interest, and encourage excellence through information and resource sharing. They achieve this by hosting educational meetings and workshops, attended by approximately 250 museum staff persons. Moreover, they strive to educate the public by encouraging visits to museums and disseminating information through various communication media. The association advocates for legislation and supports museums, contributing to their overall success and public service.
Official website here: www.floridamuseums.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Florida Association Of Museums Foundation Inc has received a high score of 97%, indicating a strong performance in accountability and finance. This four-star rating reflects the organization’s commitment to transparency and ethical management, with a fully independent board of directors and no material diversion of assets reported.
Strengths highlighted include a high program expense ratio of 84.16%, demonstrating that a significant portion of their budget is allocated directly to programs rather than administrative costs. Additionally, they have established comprehensive governance policies, including conflict of interest and whistleblower policies, which contribute to their accountability and integrity.
Overall, the foundation shows a well-structured financial management system with a low liabilities to assets ratio of 8.36%, suggesting fiscal responsibility. There are no significant limitations noted, making this nonprofit an exemplary model in the sector.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Association Of Museums Foundation Inc legitimate?
Florida Association Of Museums Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Association Of Museums 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: $55,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.floridamuseums.org
What is the mission statement of Florida Association Of Museums Foundation Inc?
The Florida Association of Museums Foundation Inc's mission is to promote education and public interest through museum visits, publications, and various communication mediums. As the not-for-profit professional organization for Florida's museums and museum professionals, its primary goal is to represent and cater to the needs of the museum community. The association encourages excellence among its members by fostering communication, enabling the sharing of information and resources, influencing legislation, and advocating for the support of museums.
Official website here: www.floridamuseums.org
What is the revenue of Florida Association Of Museums Foundation Inc?
Florida Association Of Museums Foundation Inc's revenue in 2023 was $120,156.
Official website here: www.floridamuseums.org
Who are the executives of Florida Association Of Museums Foundation Inc and what are their salaries?
Here are 9 key members and their salaries:
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- Compensation: $55,650
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Official website here: www.floridamuseums.org
Where can I find the form 990 for Florida Association Of Museums Foundation Inc?
Florida Association Of Museums Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.floridamuseums.org
Learn more at the official website: www.floridamuseums.org
Mission Statement of Florida Association Of Museums Foundation Inc
The Florida Association of Museums Foundation Inc is dedicated to promoting public education through museum visits, publications, and various communication mediums. This nonprofit organization serves as the professional body for Florida's museums and museum professionals. Its mission is to represent and cater to the needs of the museum community, aiming to enhance the capacity of museums to serve the public interest. The Association encourages excellence among its members by fostering communication, enabling information and resource sharing, advocating for legislation, and promoting support for museums. By doing so, the Florida Association of Museums Foundation Inc empowers its members to deliver exceptional experiences for the general public.
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Impact
August, 2024
Florida Association Of Museums Foundation Inc is making a significant impact by educating the public through museum visits and publications. Their educational meetings and workshops, attended by approximately 250 museum staff members, contribute to enhancing the abilities of museums to serve the public interest. By promoting communication, facilitating information sharing, and advocating for legislation and support for museums, the foundation is helping to encourage excellence among its members and promote the arts in Florida.
This information is meant to be a general summary of Florida Association Of Museums 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 2023.
- Investment Income: $3
- Program Service Revenue: $68,519
- Gross Receipts: $120,156
Assets and Liabilities:
- Total Assets: $216,606
- Total Liabilities: $1,734
- Net Assets: $214,872
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ANNUAL MEETING
Revenue
$68,519
Organization Details
Founding Year
1991
Principal Officer
Malinda Horton
Website
www.floridamuseums.orgNTEE Category
Code: A50Z - Arts
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