Overview
What is South Milwaukee Industrial Museum?
The South Milwaukee Industrial Museum is a nonprofit institution situated in South Milwaukee, Wisconsin. Its primary purpose is to preserve and exhibit historical archives and artifacts related to Bucyrus International Inc. and its predecessor and merged companies. This museum offers an opportunity for the public to explore the company's rich history, engineering innovations, and the integration of technology in the machines and products it produced from 1880 to 2011. The company played a significant role in the economy and lives of numerous South Milwaukee residents for over a century.
Official website here: www.bucyrusmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)
The South Milwaukee Industrial Museum has earned a 76% rating from Charity Navigator, reflecting its solid performance in accountability and finance. The rating is based solely on a single beacon score, highlighting the museum's commitment to financial transparency and responsible management, which is crucial for donor confidence and organizational sustainability.
Strengths of the museum include a fully independent board with 100% compliance, indicating strong governance practices. Additionally, the organization has a remarkable program expense ratio of 98.03%, suggesting that almost all of its funds are directed towards fulfilling its mission and not towards administrative costs. The museum also maintains a low liabilities to assets ratio, demonstrating financial stability.
However, some areas for improvement have been identified, as the museum lacks certain policies, including a conflict of interest policy and a whistleblower policy. These omissions point to potential risks in governance and transparency that could be addressed to enhance overall accountability. Despite these limitations, the museum's operational strengths position it well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is South Milwaukee Industrial Museum legitimate?
South Milwaukee Industrial Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Milwaukee Industrial 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: $0
For more financial information, click here
Official website here: www.bucyrusmuseum.org
What is the mission statement of South Milwaukee Industrial Museum?
The South Milwaukee Industrial Museum was established with the purpose of preserving and showcasing historical archives and artifacts related to Bucyrus International Inc. and its predecessor and merged companies. The museum aims to provide public access, enabling exploration of the company's history, the development of engineering innovations, and the integration of technology in the machines and products produced by the company from 1880 to 2011. The company had a significant impact on the economy and the lives of many South Milwaukee residents for over a century. The museum serves as a vital resource for understanding the industrial growth and technological advancements that shaped the past and continue to influence the present.
Official website here: www.bucyrusmuseum.org
Who is the CEO of South Milwaukee Industrial Museum?
Robert Jelinek is the Director of South Milwaukee Industrial Museum.
Official website here: www.bucyrusmuseum.org
What is the revenue of South Milwaukee Industrial Museum?
South Milwaukee Industrial Museum's revenue in 2022 was $1,815,151.
Official website here: www.bucyrusmuseum.org
Who are the executives of South Milwaukee Industrial Museum and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.bucyrusmuseum.org
Where can I find the form 990 for South Milwaukee Industrial Museum?
South Milwaukee Industrial Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bucyrusmuseum.org
Learn more at the official website: www.bucyrusmuseum.org
Mission Statement of South Milwaukee Industrial Museum
The South Milwaukee Industrial Museum was established with a mission to preserve and showcase historical archives and artifacts related to Bucyrus International Inc. and its predecessor and merged companies. By providing public access to these collections, the museum allows visitors to delve into the company's rich history, explore the evolution of engineering innovations, and witness the integration of technology in the machines and products produced by the company from 1880 to 2011. The company played a significant role in impacting the economy and lives of many South Milwaukee residents for over a century. Through this museum, the public can gain a deeper understanding of the company's influence and the advancements it brought to various fields.
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Impact
July, 2024
The South Milwaukee Industrial Museum's impact is significant in preserving and showcasing the historical archives and artifacts of Bucyrus International Inc and its predecessor and merged companies. By providing public access to this history, the museum allows for exploration of the company's impact on the economy and the lives of South Milwaukee residents for over a century. It highlights the development of engineering innovations and the integration of technology in the machines and products produced by the company from 1880 to 2011. This museum serves as a valuable resource for understanding the industrial heritage and technological advancements that shaped the community and industry in South Milwaukee.
This information is meant to be a general summary of South Milwaukee Industrial 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: $13
- Gross Receipts: $1,815,151
Assets and Liabilities:
- Total Assets: $1,861,788
- Total Liabilities: $0
- Net Assets: $1,861,788
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Organization Details
Phone
(414) 430-5496Principal Officer
Robert Jelinek
Main Address
PO BOX 84, SOUTH MILWAUKEE, WI, 53172
Website
www.bucyrusmuseum.orgNTEE Category
Code: A80 - Arts
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