Overview
What is Headley-Whitney Museum Inc?
Headley-Whitney Museum Inc, located in Lexington, Kentucky, is a nonprofit institution committed to bridging cultural gaps. With a modest workforce of two individuals, the museum focuses on enlightening the public about the significance of various forms of art, such as jewelry, furniture, paintings, photography, and textiles. By showcasing these collections, interpreting their meanings, and exhibiting them effectively, the museum aims to foster a deeper connection between individuals and their own culture, as well as those of others. Through this approach, the Headley-Whitney Museum Inc encourages its visitors to appreciate the political and economic influences that have shaped these artistic creations.
Official website here: www.headley-whitney.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Star rating.
The Headley-Whitney Museum Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 53%, the organization shows weaknesses, particularly in governance and transparency, with a lack of independent board members and missing essential policies such as conflict of interest and whistleblower protections.
Despite these limitations, the museum demonstrates a strong commitment to its program expenses, with a program expense ratio of 75.34%, suggesting that a majority of its funds are directed towards its mission-related activities. Additionally, the organization maintains a low liabilities to assets ratio at 0.02%, indicating a stable financial position in terms of debt management. However, the absence of key governance practices raises questions about its operational integrity.
Overall, while the museum appears to allocate a significant portion of its resources to programming, the lack of independent oversight and missing governance frameworks may impact its long-term sustainability and public trust. Addressing these issues could enhance its accountability and performance moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Headley-Whitney Museum Inc legitimate?
Headley-Whitney Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Headley-Whitney 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: $45,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,403
For more financial information, click here
Official website here: www.headley-whitney.org
What is the mission statement of Headley-Whitney Museum Inc?
The Headley-Whitney Museum Inc's mission is centered around bridging the gap between individuals and various cultures through the presentation of art. The museum accomplishes this by showcasing a diverse range of art forms, including jewelry, furniture, paintings, photography, and textiles. The primary objective is to educate the public about the significance of these cultural artifacts, explaining the techniques, design processes, and the political and economic influences that shaped decorative art and fine art. The museum's activities are geared towards fostering an understanding of different cultures, thereby promoting cultural connectivity.
Official website here: www.headley-whitney.org
Who is the CEO of Headley-Whitney Museum Inc?
Cathy Clay Neal is the President of Headley-Whitney Museum Inc.
Official website here: www.headley-whitney.org
What is the revenue of Headley-Whitney Museum Inc?
Headley-Whitney Museum Inc's revenue in 2022 was $459,058.
Official website here: www.headley-whitney.org
Who are the executives of Headley-Whitney Museum Inc and what are their salaries?
The average compensation at Headley-Whitney Museum Inc during 2022 was $27,702. There are 2 employees at Headley-Whitney Museum Inc.
Here are 16 key members and their salaries:
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Official website here: www.headley-whitney.org
Where can I find the form 990 for Headley-Whitney Museum Inc?
Headley-Whitney Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.headley-whitney.org
Learn more at the official website: www.headley-whitney.org
Mission Statement of Headley-Whitney Museum Inc
Headley-Whitney Museum Inc strives to bridge the gap between individuals and their culture, as well as the culture of others, through the presentation and interpretation of various forms of art. This encompasses jewelry, furniture, paintings, photography, and textiles. By showcasing these artistic pieces, the museum aims to foster a connection between people and the rich cultural heritage they represent.
The educational programs at Headley-Whitney Museum Inc serve to enlighten the public about the importance and significance of these cultural artifacts. These programs delve into the techniques, designs, and historical contexts that shape these works of art. They also highlight the political and economic influences that have shaped decorative art and fine art throughout history. By offering these insights, Headley-Whitney Museum Inc encourages its visitors to appreciate the breadth and depth of cultural diversity, fostering a deeper understanding and appreciation of the world around us.
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Impact
July, 2024
The Headley-Whitney Museum Inc aims to connect people with their culture and the culture of others through the collections, interpretation, and exhibition of various art forms such as jewelry, furniture, paintings, photography, and textiles. The museum's educational programs play a crucial role in informing the public about the significance of these objects and the cultures they represent. By explaining techniques, designs, and recognizing the political and economic influences on decorative and fine art, the museum enriches visitors' understanding of art and culture. Located in Lexington, KY, the Headley-Whitney Museum Inc's impactful mission is centered around promoting awareness and appreciation of the arts to foster a deeper connection within society.
This information is meant to be a general summary of Headley-Whitney 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: $78,531
- Program Service Revenue: $329,291
- Gross Receipts: $459,058
Assets and Liabilities:
- Total Assets: $4,805,643
- Total Liabilities: $2
- Net Assets: $4,805,641
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$329,291
Organization Details
Founding Year
1973
Phone
(859) 255-6653Principal Officer
Cathy Clay Neal
Main Address
4435 OLD FRANKFORT PIKE, LEXINGTON, KY, 40510
Website
www.headley-whitney.orgNTEE Category
Code: A510 - Arts
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