Overview
What is Utah Museum Of Contemporary Art?
The Utah Museum of Contemporary Art, located at 20 South West Temple, Salt Lake City, Utah 84101, is a nonprofit organization dedicated to nurturing Utah and regional contemporary visual art. Their primary mission is to educate the public on contemporary art and stimulate consideration of current social issues. They achieve this by presenting the works of both local and national contemporary artists through exhibitions and various activities. With a team of 10 employees, the museum fosters an interactive environment where artists and non-artists collaborate, ultimately promoting and increasing public interest in contemporary visual art.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
The Utah Museum of Contemporary Art has achieved an exceptional rating of 100%, reflecting strong performance in accountability and finance. This rating indicates a high level of transparency and integrity in its operations, which is crucial for building trust with donors and the community. The organization demonstrates robust financial management, with a low liabilities-to-assets ratio and significant program expenses, showing that a substantial portion of its budget is allocated to its mission-driven activities.
One of the key strengths noted is the museum's governance structure, which includes a fully independent board of directors. The organization has implemented essential policies such as conflict of interest and whistleblower protections, further ensuring ethical practices in its operations. The presence of an audit and oversight committee underscores its commitment to maintaining high standards of financial accountability.
While the museum shows no noted limitations in its financial practices, potential areas for growth could include seeking more diversified funding sources to enhance sustainability. Overall, the Utah Museum of Contemporary Art stands out as a well-managed organization dedicated to its mission of promoting contemporary art.
This AI summary has been generated from information found on Charity Navigator.
Is Utah Museum Of Contemporary Art legitimate?
Utah Museum Of Contemporary Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Utah Museum Of Contemporary Art 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: $95,625
Professional Fundraising Fees: $0
Other Salaries and Wages: $257,699
For more financial information, click here
What is the mission statement of Utah Museum Of Contemporary Art?
The Utah Museum of Contemporary Art, operating as a nonprofit corporation, is dedicated to fostering the growth of contemporary visual art in Utah and the region. Its primary goal is to educate the public about contemporary art, encouraging appreciation and bringing artists and non-artists together in a collaborative setting. The museum presents the work of contemporary artists from Utah, the region, and nationally through exhibitions and various activities. Its mission also involves promoting public interest in contemporary visual art and stimulating the community's engagement with such matters.
Who is the CEO of Utah Museum Of Contemporary Art?
Rich Walje is the Board Member of Utah Museum Of Contemporary Art.
What is the revenue of Utah Museum Of Contemporary Art?
Utah Museum Of Contemporary Art's revenue in 2022 was $1,228,481.
Who are the executives of Utah Museum Of Contemporary Art and what are their salaries?
The average compensation at Utah Museum Of Contemporary Art during 2022 was $35,332. There are 10 employees and 25 volunteers at Utah Museum Of Contemporary Art.
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Where can I find the form 990 for Utah Museum Of Contemporary Art?
Utah Museum Of Contemporary Art's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Utah Museum Of Contemporary Art
The Utah Museum of Contemporary Art, operating as a nonprofit corporation, is dedicated to nurturing the growth of contemporary visual art within Utah and its surrounding regions. Its primary objective is to foster a deeper appreciation for contemporary visual art among the public, bringing together both artists and non-artists in a collaborative environment. The museum achieves this mission by showcasing the work of local, regional, and national contemporary artists through exhibitions and various activities. By doing so, it strives to stimulate and engage the community in contemporary art matters, promoting public interest in this field and educating individuals about the diverse perspectives and expressions within contemporary visual art.
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Impact
July, 2024
The Utah Museum of Contemporary Art has a significant impact on the cultural landscape of Salt Lake City and the broader region. Through its exhibition galleries, the museum showcases contemporary art with the purpose of educating viewers and stimulating consideration of current social issues. By presenting the work of local, regional, and national contemporary artists to the public, the museum fosters the development of visual art in Utah and promotes public interest in contemporary art. Additionally, the museum serves as a platform to bring together artists and non-artists, creating a working organization that educates and stimulates the community in matters related to contemporary visual art. Overall, the Utah Museum of Contemporary Art plays a vital role in enriching the local arts scene and engaging the public in the world of contemporary art.
This information is meant to be a general summary of Utah Museum Of Contemporary Art. 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: $14,273
- Gross Receipts: $1,375,057
Assets and Liabilities:
- Total Assets: $1,482,066
- Total Liabilities: $205,340
- Net Assets: $1,276,726
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Organization Details
Founding Year
1931
Principal Officer
Rich Walje
Main Address
20 SOUTH WEST TEMPLE, SALT LAKE CITY, UT, 84101
NTEE Category
Code: A400 - Arts
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