Overview
What is Huntsville Museum Association Inc?
The Huntsville Museum Association Inc, situated in Huntsville, Alabama, functions as a distinguished art museum. Its primary objective is to support and showcase various exhibitions within the museum, thereby enriching the cultural landscape of the community. The association's activities are centered around presenting both general and special exhibits, with a focus on promoting and nurturing the artistic and educational growth of its visitors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
The Huntsville Museum Association Inc has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With an overall score of 86%, the organization demonstrates a commitment to transparency and responsible financial management, as evidenced by its perfect scores in key areas such as independent board member accountability and material diversion of assets.
One of the notable strengths of the Huntsville Museum Association is its financial structure, with a remarkably low liabilities to assets ratio of 0.27%. This indicates a healthy financial position, allowing the organization to effectively allocate funds towards its programs. Additionally, the program expense ratio is impressive at 99.39%, suggesting that nearly all of its expenses are directed towards fulfilling its mission.
While the organization shows significant strengths in governance and financial health, the rating is based solely on its accountability and finance metrics, leaving out potential evaluations on program effectiveness or fundraising efficiency. This limitation implies that while the financial management is commendable, a more comprehensive assessment of overall impact would provide a fuller picture of the organization’s achievements and challenges.
This AI summary has been generated from information found on Charity Navigator.
Is Huntsville Museum Association Inc legitimate?
Huntsville Museum Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Huntsville Museum Association 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:
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What is the mission statement of Huntsville Museum Association Inc?
The Huntsville Museum Association, as an art museum, is committed to supporting various exhibits. Its mission is to present both general and special exhibits at the museum, thereby contributing to the cultural enrichment of the community. The association's primary goal is to foster an engaging and educational environment, where visitors can explore and appreciate art in all its forms. By supporting museum exhibits, the Huntsville Museum Association aims to stimulate curiosity, inspire creativity, and promote a deeper understanding of art and its role in society.
Who is the CEO of Huntsville Museum Association Inc?
Christopher Madkour is the Chairman of Huntsville Museum Association Inc.
What is the revenue of Huntsville Museum Association Inc?
Huntsville Museum Association Inc's revenue in 2022 was $1,105,683.
Who are the executives of Huntsville Museum Association Inc and what are their salaries?
There 75 volunteers at Huntsville Museum Association Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Huntsville Museum Association Inc?
Huntsville Museum Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Huntsville Museum Association Inc
The Huntsville Museum Association, as a distinguished art museum, is committed to the mission of supporting and showcasing a variety of exhibits. This nonprofit organization's primary goal is to present both general and specialized exhibitions at its museum, aiming to enrich and educate its audience. By providing a platform for these exhibits, the Huntsville Museum Association contributes to the cultural landscape, promoting artistic exploration and appreciation.
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Impact
July, 2024
Huntsville Museum Association Inc's impact can be seen in its support of museum exhibits, particularly focused on general and special exhibits at the museum in Huntsville, AL. Through its commitment to showcasing art and culture, the association plays a vital role in enriching the community by providing opportunities for education, inspiration, and appreciation of the arts. Its dedication to supporting museum exhibits contributes to the cultural vibrancy of Huntsville and helps foster a greater understanding and enjoyment of artistic expression.
This information is meant to be a general summary of Huntsville Museum Association 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: $69,569
- Gross Receipts: $1,684,944
Assets and Liabilities:
- Total Assets: $10,278,460
- Total Liabilities: $124,158
- Net Assets: $10,154,302
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Organization Details
Founding Year
1970
Phone
(256) 535-4350Principal Officer
Christopher Madkour
Main Address
300 CHURCH STREET, HUNTSVILLE, AL, 35801
NTEE Category
Code: A510 - Arts
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