Overview
What is The Museum Of Fine Arts Houston?
The Museum of Fine Arts Houston is a welcoming and inclusive nonprofit organization based in Houston, connecting the diverse communities of the city with artistic achievements from the past 5,000 years and six continents. Through their extensive permanent collections, special exhibitions, educational and interpretation programs, publications, conservation, and scholarly research, they inspire appreciation and understanding of the broadest spectrum of human creativity. Their mission involves serving as a bridge between Houston's distinct histories and the rich and diverse world of art.
Official website here: www.mfah.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100% (Four-Star out of Four Stars)
The Museum of Fine Arts Houston has achieved an outstanding rating of 100% from Charity Navigator, reflecting its strong performance in accountability and finance. This score indicates that the organization operates with a high level of transparency and fiscal responsibility, which is critical for donor trust and support. The museum's financial health is evidenced by its low liabilities to assets ratio and a robust program expense ratio, suggesting that a significant portion of its budget directly supports its mission.
One of the key strengths noted is the museum's governance structure, featuring a majority of independent board members. This independence ensures that the board can make decisions in the best interests of the organization without conflicts of interest. Additionally, the museum has established comprehensive policies for audit oversight, whistleblower protections, and document retention, further enhancing its reputation as a well-managed institution.
While the museum excels in many areas, there are no specific limitations highlighted in the available data. Overall, the Museum of Fine Arts Houston stands out as a model nonprofit, committed to accountability and effective financial practices, which supports its ongoing mission to provide access to art and cultural education in the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Museum Of Fine Arts Houston legitimate?
The Museum Of Fine Arts Houston is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Museum Of Fine Arts Houston 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: $3,549,603
Professional Fundraising Fees: $42,000
Other Salaries and Wages: $31,533,648
For more financial information, click here
Official website here: www.mfah.org
What is the mission statement of The Museum Of Fine Arts Houston?
The Museum of Fine Arts Houston serves as a welcoming and inclusive space for all, bridging the communities of Houston with diverse histories of art spanning 5,000 years and six continents. Through its permanent collections, special exhibitions, learning and interpretation programs, publications, conservation, and scholarly research, the museum strives to ignite appreciation and comprehension of the broadest spectrum of human achievement. The institution's mission is to provide opportunities for exploration and education, fostering a deeper connection with art and the cultural narratives it conveys. By engaging the public with a rich and diverse range of artistic expressions, the Museum of Fine Arts Houston aims to enrich the lives of its visitors and broaden their horizons.
Official website here: www.mfah.org
What is the revenue of The Museum Of Fine Arts Houston?
The Museum Of Fine Arts Houston's revenue in 2023 was $147,981,263.
Official website here: www.mfah.org
Who are the executives of The Museum Of Fine Arts Houston and what are their salaries?
The average compensation at The Museum Of Fine Arts Houston during 2023 was $44,297. There are 792 employees and 875 volunteers at The Museum Of Fine Arts Houston.
Here are 93 key members and their salaries:
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Official website here: www.mfah.org
Where can I find the form 990 for The Museum Of Fine Arts Houston?
The Museum Of Fine Arts Houston's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mfah.org
Learn more at the official website: www.mfah.org
Mission Statement of The Museum Of Fine Arts Houston
The Museum of Fine Arts Houston serves as a welcoming and inclusive space for all, bridging the diverse communities of Houston with a rich tapestry of art from around the world and throughout history. This esteemed institution, spanning 5,000 years and six continents, offers a connection to the broadest spectrum of human achievement.
The Museum of Fine Arts Houston's permanent collections and special exhibitions provide unparalleled opportunities for exploration and discovery. Through these offerings, the museum strives to inspire an appreciation and understanding of the depth and complexity of art from various cultures and time periods. Learning and interpretation programs, publications, conservation, and scholarly research further enhance the museum-going experience.
The Museum of Fine Arts Houston is dedicated to fostering a deep appreciation for the arts and their role in shaping human history. By offering a diverse array of programs, the museum engages and educates visitors from all walks of life, inspiring them to explore, learn, and grow. Through its commitment to inclusivity and connection, the Museum of Fine Arts Houston remains a cherished cultural resource for the communities it serves.
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Impact
October, 2024
The Museum of Fine Arts Houston plays a vital role in enriching the cultural landscape of the community by connecting residents with a diverse array of artistic histories that span 5,000 years and six continents. Its welcoming and inclusive environment fosters a sense of belonging for individuals from all walks of life. Through its extensive permanent collections and dynamic special exhibitions, the museum offers opportunities for education and engagement that inspire a deeper appreciation for the arts.
The museum's comprehensive programming includes learning and interpretation initiatives, scholarly research, and conservation efforts that ensure the preservation of artistic heritage for future generations. By hosting public programs and outreach efforts, it not only serves as a hub for artistic exploration but also encourages dialogue and understanding among the diverse communities of Houston. Ultimately, the Museum of Fine Arts Houston stands as a beacon of inspiration, celebrating the broad spectrum of human achievement through the lens of creativity.
This information is meant to be a general summary of The Museum Of Fine Arts Houston. 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: $35,285,932
- Program Service Revenue: $10,401,282
- Gross Receipts: $292,007,490
Assets and Liabilities:
- Total Assets: $2,084,635,040
- Total Liabilities: $146,633,933
- Net Assets: $1,938,001,107
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION, TOURS, LECT
Revenue
$3,752,034
MEMBERSHIP
Revenue
$3,096,030
SCHOOL TUITION
Revenue
$2,525,812
EXHIBITION & OTHER INC
Revenue
$1,027,406
Organization Details
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