Overview
What is Ae Bean Backus Museum Inc?
Ae Bean Backus Museum Inc, located in Fort Pierce, Florida, is a dedicated nonprofit organization with a mission to promote and uphold the artistic and humanitarian legacy of A.E. Backus. They achieve this objective through various activities such as exhibitions, educational programs, and community engagement. By showcasing Backus's work and providing related educational opportunities, the museum aims to inspire and educate the public about the renowned artist's life and contributions to the art world.
Official website here: www.backusmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Ae Bean Backus Museum Inc has received an 81% rating, indicating a solid level of accountability and finance management. The score reflects strong performance in maintaining independent board governance and ethical oversight, with 100% of its board members being independent and a well-structured board size. The organization has demonstrated transparency and responsibility in its financial practices, showing no material diversion of assets and a commendable liabilities to assets ratio of 7.59%.
The museum also excels in its operational efficiency, with an impressive program expense ratio of 93.03%, signifying that a significant portion of its resources is directed towards its core mission and programs. The presence of essential policies, such as conflict of interest and whistleblower policies, enhances its governance framework, ensuring ethical conduct and accountability.
While the rating highlights the museum's strengths in financial accountability and governance, it is important for potential donors and supporters to consider other factors such as program impact and community engagement, which are not reflected in this financial rating alone. Overall, the Ae Bean Backus Museum Inc presents itself as a responsible nonprofit organization committed to transparency and effective resource management.
This AI summary has been generated from information found on Charity Navigator.
Is Ae Bean Backus Museum Inc legitimate?
Ae Bean Backus Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ae Bean Backus 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: $116,539
For more financial information, click here
Official website here: www.backusmuseum.org
What is the mission statement of Ae Bean Backus Museum Inc?
The Ae Bean Backus Museum Inc's mission is centered around promoting the arts and preserving the artistic and humanitarian legacy of A.E. Backus. They achieve this objective through various activities such as exhibitions, educational programs, and community engagement. By doing so, the museum aims to honor and celebrate the artistic contributions of A.E. Backus, while also fostering an appreciation for the arts in the broader community.
Official website here: www.backusmuseum.org
Who is the CEO of Ae Bean Backus Museum Inc?
Edwin M Fry Jr is the President of Ae Bean Backus Museum Inc.
Official website here: www.backusmuseum.org
What is the revenue of Ae Bean Backus Museum Inc?
Ae Bean Backus Museum Inc's revenue in 2022 was $671,277.
Official website here: www.backusmuseum.org
Who are the executives of Ae Bean Backus Museum Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Compensation: $69,406
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- Other: $0
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- Other: $0
Official website here: www.backusmuseum.org
Where can I find the form 990 for Ae Bean Backus Museum Inc?
Ae Bean Backus Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.backusmuseum.org
Learn more at the official website: www.backusmuseum.org
Mission Statement of Ae Bean Backus Museum Inc
Ae Bean Backus Museum Inc is dedicated to promoting the arts and preserving the artistic and humanitarian legacy of A.E. Backus. The museum achieves this mission through a diverse range of activities, including hosting exhibitions, organizing educational programs, and engaging with the community. By doing so, the museum aims to honor the life and work of A.E. Backus, a renowned artist, and inspire future generations to appreciate the arts and their role in society. The museum's mission is not just limited to showcasing Backus' art but also to perpetuate his humanitarian values, thereby enriching the cultural landscape.
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Impact
July, 2024
Ae Bean Backus Museum Inc plays a crucial role in promoting the arts and preserving the artistic and humanitarian legacy of A.E. Backus in Fort Pierce, Florida. Through a variety of activities such as exhibitions, educational programs, and community engagement, the museum enriches the cultural landscape of the area. By showcasing the works of A.E. Backus and supporting artists, the museum inspires creativity, fosters appreciation for art, and contributes to the local arts scene. Overall, Ae Bean Backus Museum Inc's impact extends beyond preserving history to actively shaping the artistic landscape of its community.
This information is meant to be a general summary of Ae Bean Backus 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $27
- Program Service Revenue: $270,500
- Gross Receipts: $719,724
Assets and Liabilities:
- Total Assets: $2,025,729
- Total Liabilities: $163,083
- Net Assets: $1,862,646
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$270,500
Organization Details
Founding Year
1984
Phone
(772) 465-0630Principal Officer
Edwin M Fry Jr
Main Address
500 N INDIAN RIVER DRIVE, FORT PIERCE, FL, 34950
Website
www.backusmuseum.orgNTEE Category
Code: A510 - Arts
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