Overview
What is Grace Hudson Museum Endowment Fund Inc?
Grace Hudson Museum Endowment Fund Inc is a nonprofit organization situated in Ukiah, California. Committed to supporting the Grace Hudson Museum, the fund's mission involves providing guidance and assistance during the construction of a new outdoor education project. The fund actively collaborates with the City of Ukiah and museum staff to establish a public-private partnership agreement, ensuring ongoing operational support for the museum. The primary goal is to enrich the museum's mission, fostering education and engagement for the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
The Grace Hudson Museum Endowment Fund Inc has achieved a 75% rating from Charity Navigator, which reflects its strong performance in terms of accountability and finance. This rating is indicative of the organization's commitment to transparency and effective management of its financial resources, as evidenced by its complete score derived from a single beacon focused on these areas.
One of the organization's notable strengths is its governance structure, featuring a fully independent board with an impressive 90% independent members. The fund has also demonstrated sound fiscal practices, boasting a low liabilities-to-assets ratio of 15.45% and a high program expense ratio of 94.74%, ensuring that a significant portion of its resources is directed towards its mission and activities.
While the rating is favorable, it is based solely on accountability and finance metrics, which may leave out aspects related to program effectiveness or impact. Potential donors and supporters may wish to consider these additional factors when evaluating the organization’s overall performance and alignment with their philanthropic goals.
This AI summary has been generated from information found on Charity Navigator.
Is Grace Hudson Museum Endowment Fund Inc legitimate?
Grace Hudson Museum Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Hudson Museum Endowment Fund 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.
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What is the mission statement of Grace Hudson Museum Endowment Fund Inc?
The Grace Hudson Museum Endowment Fund's mission is centered around supporting the Grace Hudson Museum. They provide guidance and assistance to the museum in various capacities, including the development of its new outdoor education project. The fund plays a crucial role in fostering a public-private partnership, contributing to the museum's ongoing operational support. By doing so, they help ensure the museum's mission continues to thrive. The specifics of the museum's mission involve preserving and promoting the heritage and cultural history of the region, often through exhibitions, educational programs, and community engagement.
What is the revenue of Grace Hudson Museum Endowment Fund Inc?
Grace Hudson Museum Endowment Fund Inc's revenue in 2024 was $426,245.
Who are the executives of Grace Hudson Museum Endowment Fund Inc and what are their salaries?
There 10 volunteers at Grace Hudson Museum Endowment Fund Inc.
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Where can I find the form 990 for Grace Hudson Museum Endowment Fund Inc?
Grace Hudson Museum Endowment Fund Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Grace Hudson Museum Endowment Fund Inc
Grace Hudson Museum Endowment Fund Inc plays a crucial role in supporting the mission of the Grace Hudson Museum. This organization advises and offers assistance in constructing the museum's new outdoor education project. Furthermore, the Endowment Fund collaborates with the City of Ukiah and the museum staff to establish a public-private partnership agreement. This agreement aims to provide long-term operational support for the museum. By doing so, the fund contributes to the museum's mission, ultimately enriching educational experiences for visitors.
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Impact
July, 2024
The Grace Hudson Museum Endowment Fund Inc supports the Grace Hudson Museum's mission by advising and supporting the construction of the museum's new outdoor education project. The board members collaborate with the City of Ukiah and Museum Staff to develop a public-private partnership agreement to provide ongoing operating support. The impact of the fund is seen in the development and sustainability of the museum's programs and facilities, enhancing cultural and educational opportunities for the community in Ukiah, CA.
This information is meant to be a general summary of Grace Hudson Museum Endowment Fund 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 2024.
- Investment Income: $241,142
- Gross Receipts: $514,079
Assets and Liabilities:
- Total Assets: $7,123,271
- Total Liabilities: $1,100,999
- Net Assets: $6,022,272
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Organization Details
Founding Year
1991
Principal Officer
Edward Eversole
NTEE Category
Code: Z99Z - Unknown
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