Overview
What is Idaho Potato Museum?
The Idaho Potato Museum, situated in Blackfoot, Idaho, serves as an educational hub, attracting approximately 33,400 visitors annually from across the United States and over 600 international tourists from at least 33 foreign countries. Their primary goal is to promote and enlighten the public about potatoes, Idaho's renowned agricultural product. Through an interactive and engaging experience, they educate both children and adults on the history, cultivation, and significance of the potato industry, not just in Idaho, but worldwide. The museum employs a team of 30 individuals, dedicated to this mission.
Official website here: www.idahopotatomuseum.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. Overall score: 69%, earning a Two-Star out of Four Star rating. The Idaho Potato Museum has shown strong performance in areas like independent board membership and financial management, with 100% of its board members being independent and a low liabilities to assets ratio of 1.03%. These factors indicate a sound organizational structure and fiscal responsibility in its operations.
However, the rating also highlights significant shortcomings, particularly in accountability and transparency. The museum lacks key policies such as a conflict of interest policy, a whistleblower policy, and document retention procedures, all of which are essential for ensuring ethical governance. Additionally, the absence of financial statements on their website further detracts from their score, reflecting a need for improvement in public financial disclosures.
Despite these weaknesses, the Idaho Potato Museum demonstrates a high program expense ratio of 99.43%, suggesting that the majority of its funds are directed towards fulfilling its mission and programs. To enhance its rating, the organization should focus on addressing the noted gaps in governance policies and improve its transparency practices.
This AI summary has been generated from information found on Charity Navigator.
Is Idaho Potato Museum legitimate?
Idaho Potato Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Idaho Potato Museum 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: $66,547
For more financial information, click here
Official website here: www.idahopotatomuseum.com
What is the mission statement of Idaho Potato Museum?
The Idaho Potato Museum's mission is to offer an engaging and educational experience to both children and adults, focusing on the historical background, growth, and significance of the potato industry globally, particularly in Idaho. Through this interactive exhibition, the museum aims to promote understanding and appreciation of potatoes, attracting visitors from across the United States and over 300 international tourists annually. The primary objective is to educate the public about the importance of this staple food and the state of Idaho, which is renowned for its potato production.
Official website here: www.idahopotatomuseum.com
Who is the CEO of Idaho Potato Museum?
Shirley Brumfield is the President of Idaho Potato Museum.
Official website here: www.idahopotatomuseum.com
What is the revenue of Idaho Potato Museum?
Idaho Potato Museum's revenue in 2022 was $566,823.
Official website here: www.idahopotatomuseum.com
Who are the executives of Idaho Potato Museum and what are their salaries?
The average compensation at Idaho Potato Museum during 2022 was $2,218. There are 30 employees at Idaho Potato Museum.
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Official website here: www.idahopotatomuseum.com
Where can I find the form 990 for Idaho Potato Museum?
Idaho Potato Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.idahopotatomuseum.com
Learn more at the official website: www.idahopotatomuseum.com
Mission Statement of Idaho Potato Museum
The Idaho Potato Museum serves a unique role in providing an educational and interactive experience to both children and adults. Its mission is centered around shedding light on the history, growth, and significance of the potato industry, not just in Idaho, but on a global scale. By offering this insightful and engaging experience, the museum aims to promote and inform the public about the humble yet iconic agricultural product that Idaho is famously known for. Through its various activities, the Idaho Potato Museum has successfully reached out to over 33,000 visitors from across the United States and over 600 tourists from at least 33 foreign countries, thereby spreading awareness and appreciation for the potato industry.
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Impact
July, 2024
The Idaho Potato Museum plays a significant role in educating children and adults about the history, growth, and importance of the potato industry in Idaho and beyond. Through its interactive exhibits and educational programs, the museum has successfully provided information to a diverse audience of over 33,398 visitors from various parts of the United States and more than 600 tourists from at least 33 different countries. By promoting awareness and understanding of potatoes, Idaho's most famous agricultural product, the museum contributes to public knowledge about the agricultural industry and helps showcase the significance of potatoes in local and global economies.
This information is meant to be a general summary of Idaho Potato Museum. 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: $50
- Program Service Revenue: $563,952
- Gross Receipts: $566,823
Assets and Liabilities:
- Total Assets: $446,863
- Total Liabilities: $4,606
- Net Assets: $442,257
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MUSEUM GIFT SHOP
Revenue
$239,035
ADMISSIONS
Revenue
$202,230
MUSEUM CAFE
Revenue
$122,687
Organization Details
Principal Officer
Shirley Brumfield
Main Address
130 NW MAIN STREET, BLACKFOOT, ID, 83221
Website
www.idahopotatomuseum.comNTEE Category
Code: A50 - Arts
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