Overview
What is The Baker - Hunt Foundation?
The Baker-Hunt Foundation, established in Covington, Kentucky, is a dedicated nonprofit organization that focuses on the appreciation and education of fine arts. They achieve this objective by collaborating with various visual art organizations and providing related services. Their mission is to foster a deeper understanding and appreciation of the art world, contributing positively to their community.
Official website here: www.bakerhunt.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating
The Baker - Hunt Foundation has received a Three-Star rating from Charity Navigator, reflecting an overall score of 84%. This rating is indicative of the organization’s strong accountability and finance practices, with a perfect score on several key criteria, such as having a majority of independent board members and maintaining a solid program expense ratio of 84.11%. The foundation demonstrates prudent financial management, as evidenced by its impressive liabilities to assets ratio of 0.00%.
However, there are some areas for improvement noted in the rating. The foundation lacks essential policies, including a conflict of interest policy and a whistleblower policy, which are considered important for transparency and governance. Additionally, while their financial statements are properly overseen and minutes from board meetings are documented, the absence of these policies may raise concerns about the organization's overall governance structure.
Overall, the Baker - Hunt Foundation showcases commendable financial practices and a commitment to accountability. Strengthening their governance policies could further enhance their credibility and operational effectiveness in serving their mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Baker - Hunt Foundation legitimate?
The Baker - Hunt Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Baker - Hunt Foundation 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: $334,110
For more financial information, click here
Official website here: www.bakerhunt.com
What is the mission statement of The Baker - Hunt Foundation?
The Baker-Hunt Foundation's mission is centered around fostering an appreciation and education of fine arts. They accomplish this by supporting various visual art organizations and services. The foundation's primary goal is to promote understanding and enjoyment of art in a broader context. By doing so, they contribute to the enrichment of cultural experiences. Their activities are not specified in the provided data, but it can be inferred that they likely provide funding, resources, or events to further their mission. The foundation's headquarters is situated in Covington, Kentucky, although this detail is not essential to understanding their mission.
Official website here: www.bakerhunt.com
What is the revenue of The Baker - Hunt Foundation?
The Baker - Hunt Foundation's revenue in 2023 was $918,063.
Official website here: www.bakerhunt.com
Who are the executives of The Baker - Hunt Foundation and what are their salaries?
The average compensation at The Baker - Hunt Foundation during 2023 was $19,654. There are 17 employees and 18 volunteers at The Baker - Hunt Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.bakerhunt.com
Where can I find the form 990 for The Baker - Hunt Foundation?
The Baker - Hunt Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bakerhunt.com
Learn more at the official website: www.bakerhunt.com
Mission Statement of The Baker - Hunt Foundation
The Baker-Hunt Foundation is dedicated to fostering a deeper appreciation and understanding of fine arts. This nonprofit organization achieves its mission by supporting visual art organizations and providing related services. By doing so, it seeks to promote education and engagement with the fine arts community at large. Based in Covington, Kentucky, the Baker-Hunt Foundation serves as a vital resource for those interested in fine arts, contributing to a rich cultural landscape.
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Impact
July, 2024
The Baker-Hunt Foundation's impact is evident in its dedication to promoting the appreciation and education of fine arts through visual art organizations and services. Located in Covington, KY, the foundation plays a crucial role in fostering creativity, artistic expression, and cultural enrichment within the community. Through its programs and initiatives, The Baker-Hunt Foundation helps individuals explore and engage with the arts, ultimately contributing to a more vibrant and culturally rich society.
This information is meant to be a general summary of The Baker - Hunt Foundation. 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: $337,254
- Program Service Revenue: $426,591
- Gross Receipts: $926,788
Assets and Liabilities:
- Total Assets: $705,747
- Total Liabilities: $0
- Net Assets: $705,747
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION INCOME
Revenue
$426,591
Organization Details
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