Overview
What is Marco Island Historical Society Inc?
The Marco Island Historical Society Inc, situated in Florida, is a dedicated nonprofit organization focused on preserving and showcasing the rich historical heritage of the Marco Island-Goodland region. By employing a curator and collection manager, they acquire, research, and safeguard valuable artifacts from various museums and organizations. These treasures are then shared with the public through engaging museum exhibits, both permanent and temporary. The society actively promotes historical awareness within the community, fostering positive interactions between its members, residents, government, and other local organizations. They also support initiatives that benefit the community and its residents, speaking up in legislative matters at the city, county, state, and national levels. The Marco Island Historical Society Inc operates the Marco Island Historical Museum, gift shop, offices, and the Rose History Auditorium, raising funds for exhibits to ensure an enriching historical experience for all.
Official website here: www.themihs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Marco Island Historical Society Inc has earned a strong Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. With a score of 92%, the organization demonstrates effective governance, as indicated by its fully independent board and strong oversight measures. The high program expense ratio of 84.26% suggests that the majority of its expenditures directly support its mission.
Strengths include a well-structured board with no material diversion of assets and comprehensive financial oversight, which enhances trust among donors and stakeholders. The organization adheres to several important policies, including conflict of interest and document retention, contributing to its transparent operational practices. Furthermore, the low liabilities to assets ratio of 2.86% showcases its financial stability.
However, it is important to note some limitations. The organization is missing a whistleblower policy, which could enhance its accountability framework. Additionally, the absence of posted tax forms on its website may hinder transparency for potential donors who seek to understand the organization's financials better. Addressing these areas could further strengthen its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Marco Island Historical Society Inc legitimate?
Marco Island Historical Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marco Island Historical Society 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: $105,649
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.themihs.org
What is the mission statement of Marco Island Historical Society Inc?
The Marco Island Historical Society Inc is established with the purpose of preserving the historical and cultural heritage of its surrounding areas. Its mission involves promoting historical awareness within the community, encouraging positive interactions among its members, the community, and other organizations. The society supports activities beneficial to the community and its members, advocates for its membership in legislative and governmental matters, and operates various facilities such as museums and gift shops. Furthermore, the society raises funds for exhibits to promote historical education and awareness.
Official website here: www.themihs.org
Who is the CEO of Marco Island Historical Society Inc?
Patricia Rutledge is the Ceo of Marco Island Historical Society Inc. The CEO's salary of Marco Island Historical Society Inc is $105,650 and their total compensation is $105,650.
Official website here: www.themihs.org
What is the revenue of Marco Island Historical Society Inc?
Marco Island Historical Society Inc's revenue in 2022 was $999,426.
Official website here: www.themihs.org
Who are the executives of Marco Island Historical Society Inc and what are their salaries?
There 12 volunteers at Marco Island Historical Society Inc.
Here are 18 key members and their salaries (Marco Island Historical Society Inc's CEO's salary is $105,650 and their total compensation is $105,650):
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Official website here: www.themihs.org
Where can I find the form 990 for Marco Island Historical Society Inc?
Marco Island Historical Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.themihs.org
Learn more at the official website: www.themihs.org
Mission Statement of Marco Island Historical Society Inc
The Marco Island Historical Society Inc, established with the mission to preserve and uphold the history and heritage of Marco Island and its surrounding areas, strives to promote and maintain an understanding of this area's rich history among its members and the broader community. In pursuit of this purpose, the society engages in various activities, including providing educational programs to foster historical awareness within the community. It encourages positive interactions between the society, its members, local residents, government, and other community organizations, aiming to foster a sense of unity and shared interest in the area's history.
The Marco Island Historical Society Inc supports initiatives deemed beneficial to the community and its members, advocating on their behalf in legislative and governmental matters at the city, county, state, and national levels. The society also manages and maintains several facilities, such as the Marco Island Historical Museum, a gift shop, and the Rose History Auditorium, serving as hubs for historical exhibits and educational programs. Furthermore, the society raises funds to support these exhibits and contribute to the preservation of the area's history. In essence, the Marco Island Historical Society Inc is dedicated to preserving and sharing the region's history, fostering community engagement, and advocating for its members and the community as a whole.
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Impact
July, 2024
The impact of Marco Island Historical Society Inc is significant in preserving the history and heritage of Marco Island and the surrounding areas. By providing programs and promoting historical awareness in the community, the society contributes to maintaining an awareness of the area's history and its importance for its members and the community. Additionally, through the operation and maintenance of the Marco Island Historical Museum, the society offers opportunities for the public to engage with informative museum exhibits, both permanent and temporary, thus enriching the cultural experience of visitors and residents alike. Through research, acquisition, and preservation efforts, the society ensures that the multi-faceted history of the Marco Island-Goodland region in Southwest Florida is safeguarded and shared with future generations.
This information is meant to be a general summary of Marco Island Historical Society 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: $31,307
- Program Service Revenue: $32,885
- Gross Receipts: $1,129,175
Assets and Liabilities:
- Total Assets: $1,587,221
- Total Liabilities: $4,379
- Net Assets: $1,582,842
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$31,985
ROSE AUDITORIUM
Revenue
$900
Organization Details
Founding Year
1996
Phone
(239) 389-6447Principal Officer
Patricia Rutledge
Main Address
180 S HEATHWOOD DR, MARCO ISLAND, FL, 34145
Website
www.themihs.orgNTEE Category
Code: A80 - Arts
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