Overview
What is Boulder City Museum & Historical Association?
The Boulder City Museum & Historical Association, located at 1305 Arizona Street, Boulder City, Nevada 89005, is a dedicated nonprofit organization. Its primary mission is to preserve and foster an interest in the historical area, archives, and a notable hotel site, ultimately promoting Boulder City and surrounding Nevada landmarks. With a team of 14 individuals, this organization actively works to safeguard historical areas, archives, and the hotel site, ensuring the continuity of these valuable cultural assets for future generations.
Official website here: www.bcmha.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 72%)
The Boulder City Museum & Historical Association has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its operations. The overall score of 72% is derived solely from one beacon score, which suggests a limited assessment of the organization's performance. While the accountability and finance score aligns with the overall rating, it highlights areas for potential growth, particularly in financial transparency.
One notable strength of the organization is its governance structure, featuring a fully independent board with 100% independent members, which contributes positively to its operational integrity. Additionally, the organization has successfully implemented key policies such as conflict of interest and whistleblower policies, reflecting a commitment to ethical standards and accountability.
However, the lack of financial statements significantly impacts the organization’s transparency, resulting in a zero score in that category. Furthermore, while the program expense ratio is commendably high at 98.99%, indicating effective use of funds for its mission, the high liabilities to assets ratio of 61.33% may raise concerns regarding financial health. Overall, there are clear strengths in governance and program expense efficiency, but serious improvements in financial reporting and transparency are necessary for bolstering trust and credibility.
This AI summary has been generated from information found on Charity Navigator.
Is Boulder City Museum & Historical Association legitimate?
Boulder City Museum & Historical Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boulder City Museum & Historical Association 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: $365,201
For more financial information, click here
Official website here: www.bcmha.org
What is the mission statement of Boulder City Museum & Historical Association?
The Boulder City Museum & Historical Association is committed to preserving and fostering interest in historical areas, archives, and their hotel site. Their mission is to promote the significance of Boulder City and other notable landmarks in Nevada by maintaining these resources. The association aims to educate and engage the public, ensuring these historical sites are appreciated and understood. By doing so, they contribute to a deeper understanding and appreciation of the past, thereby enriching the present and future.
Official website here: www.bcmha.org
What is the revenue of Boulder City Museum & Historical Association?
Boulder City Museum & Historical Association's revenue in 2024 was $1,046,494.
Official website here: www.bcmha.org
Who are the executives of Boulder City Museum & Historical Association and what are their salaries?
The average compensation at Boulder City Museum & Historical Association during 2024 was $17,391. There are 21 employees and 4 volunteers at Boulder City Museum & Historical Association.
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Official website here: www.bcmha.org
Where can I find the form 990 for Boulder City Museum & Historical Association?
Boulder City Museum & Historical Association's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bcmha.org
Learn more at the official website: www.bcmha.org
Mission Statement of Boulder City Museum & Historical Association
The Boulder City Museum & Historical Association is committed to fostering and sustaining interest in historical sites, archives, and the hotel property it manages. Its mission is twofold: firstly, to promote Boulder City and the surrounding Nevada landmarks by preserving their historical significance. Secondly, the association strives to maintain an ongoing interest in these areas, ensuring they remain an integral part of the community's heritage and identity. By doing so, the Boulder City Museum & Historical Association plays a vital role in safeguarding the city's rich history for future generations to appreciate and learn from.
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Impact
July, 2024
The Boulder City Museum & Historical Association has had a significant impact on the preservation and promotion of historical areas, archives, and landmarks in Boulder City and surrounding areas in Nevada. Through its activities, the organization works towards maintaining interest in the history and heritage of the region, keeping alive the stories and memories of the past for present and future generations to appreciate. By preserving and showcasing historical sites, archives, and landmarks, the association plays a vital role in fostering a sense of community pride and enriching the cultural experience of residents and visitors alike.
This information is meant to be a general summary of Boulder City Museum & Historical Association. 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 2024.
- Investment Income: $6,746
- Program Service Revenue: $888,314
- Gross Receipts: $1,050,158
Assets and Liabilities:
- Total Assets: $929,503
- Total Liabilities: $570,107
- Net Assets: $359,396
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOTEL OPERATIONS INCOME
Revenue
$874,595
MUSEUM OPERATIONS INCOME
Revenue
$13,719
Organization Details
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