Overview
What is Admiral Nimitz Foundation?
The Admiral Nimitz Foundation, located in Fredericksburg, Texas, serves as a vital supporter of the National Museum of the Pacific War, under agreement with the Texas Historical Commission. Their mission is to educate and inspire present and future generations about World War II in the Asian Pacific Theater, highlighting its lessons and far-reaching impacts. In 2022, the foundation welcomed 108,000 visitors. Besides its regular operations, the foundation actively fundraises and carries out projects, such as constructing the Children's Gallery in 2022 and planning a renovation for the Bush Gallery. The foundation employs a team of 56 individuals dedicated to this noble cause.
Official website here: www.pacificwarmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Admiral Nimitz Foundation has received a perfect score of 100% from Charity Navigator, indicating exceptional performance in accountability and financial management. The organization demonstrates a strong commitment to transparency, evidenced by its high scores in financial oversight and governance policies. With a program expense ratio of 83.10%, it allocates a significant portion of its resources directly to its programs, highlighting its focus on fulfilling its mission.
The foundation's culture and community engagement also rank highly, with a score of 98%. This reflects a strong emphasis on feedback collection and usage, ensuring that the voices of stakeholders are incorporated into decision-making processes. The majority of the board members are independent, which supports governance effectiveness and reduces potential conflicts of interest.
While the foundation exhibits numerous strengths, including a strong commitment to leadership development and equity strategies, maintaining high standards in adaptability is crucial for continued success. Overall, the Admiral Nimitz Foundation stands out as a well-managed nonprofit that prioritizes its mission and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Admiral Nimitz Foundation legitimate?
Admiral Nimitz Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Admiral Nimitz Foundation 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: $176,081
Professional Fundraising Fees: $55,766
Other Salaries and Wages: $1,716,320
For more financial information, click here
Official website here: www.pacificwarmuseum.org
What is the mission statement of Admiral Nimitz Foundation?
The Admiral Nimitz Foundation's mission is to operate and support a state-owned museum experience, utilizing its extensive World War II collection in the Asian Pacific Theater. Their objective is to educate and inspire present and future generations about the significance of these events and their far-reaching impacts worldwide. The foundation oversees and manages the National Museum of the Pacific War, attracting over 108,000 visitors in 2022. In addition to its regular operations, the foundation raised funds and completed construction of a children's gallery in 2022, and planning for the renovation of the Bush Gallery commenced.
Official website here: www.pacificwarmuseum.org
Who is the CEO of Admiral Nimitz Foundation?
Michael W Hagee is the President And Ceo of Admiral Nimitz Foundation. The CEO's salary of Admiral Nimitz Foundation is $100,650 and their total compensation is $102,118.
Official website here: www.pacificwarmuseum.org
What is the revenue of Admiral Nimitz Foundation?
Admiral Nimitz Foundation's revenue in 2022 was $7,585,485.
Official website here: www.pacificwarmuseum.org
Who are the executives of Admiral Nimitz Foundation and what are their salaries?
The average compensation at Admiral Nimitz Foundation during 2022 was $33,793. There are 56 employees and 120 volunteers at Admiral Nimitz Foundation.
Here are 16 key members and their salaries (Admiral Nimitz Foundation's CEO's salary is $100,650 and their total compensation is $102,118):
- Compensation: $100,650
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- Other: $1,468
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- Compensation: $72,896
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- Other: $1,056
Official website here: www.pacificwarmuseum.org
Where can I find the form 990 for Admiral Nimitz Foundation?
Admiral Nimitz Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pacificwarmuseum.org
Learn more at the official website: www.pacificwarmuseum.org
Mission Statement of Admiral Nimitz Foundation
The Admiral Nimitz Foundation is committed to operating and supporting a museum experience, leveraging its extensive collection, to educate and inspire present and future generations about the significance of World War II in the Asian Pacific Theater. By doing so, it aims to highlight the relevance of these lessons and the far-reaching effects of the conflict worldwide. Through this mission, the organization oversees and manages the National Museum of the Pacific War, under an agreement with the Texas Historical Commission. In 2022, the museum attracted a visitor attendance of 108,000. Beyond its regular operations, the Foundation raised funds and completed the construction of a Children's Gallery in 2022. Furthermore, planning and fundraising for a renovation of the Bush Gallery commenced during this period.
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Impact
July, 2024
The impact of the Admiral Nimitz Foundation is significant in educating and inspiring present and future generations about World War II in the Asiatic Pacific Theater and the relevance of its lessons worldwide. Through its operation and support of the National Museum of the Pacific War, the organization reaches out to approximately 108,000 visitors annually. The completion of projects like the Children's Gallery and ongoing fundraising for the renovation of the Bush Gallery demonstrate the foundation's commitment to preserving history and ensuring its lessons are learned and appreciated by all.
This information is meant to be a general summary of Admiral Nimitz Foundation. 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: $746,808
- Program Service Revenue: $2,031,178
- Gross Receipts: $8,138,039
Assets and Liabilities:
- Total Assets: $21,975,468
- Total Liabilities: $620,225
- Net Assets: $21,355,243
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$1,548,939
MEMBERSHIPS
Revenue
$230,342
OTHER PROGRAM SERVICE FEES
Revenue
$133,685
MEMORIAL WALL AND WALK
Revenue
$118,212
Organization Details
Founding Year
1971
Phone
(830) 997-8600Principal Officer
Michael W Hagee
Main Address
328 EAST MAIN ST, FREDERICKSBURG, TX, 78624
Website
www.pacificwarmuseum.orgNTEE Category
Code: A115 - Arts
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