Overview
What is Nevada Museum Of Art?
The Nevada Museum of Art, a Reno-based nonprofit organization founded in 1931, is Nevada's oldest cultural institution and the only one accredited by the American Alliance of Museums. Housed in a contemporary building designed by Will Bruder, the Museum showcases a diverse range of visual arts exhibitions, educational programs, studio classes, films, and special events. Its collection, consisting of over 2,000 works of art, revolves around themes of land and environment. The Museum aims to serve as a cultural and educational resource for the entire community, as expressed in its mission to present creative ideas. With a team of 103 employees, the Nevada Museum of Art continues to enrich Reno's cultural landscape.
Official website here: www.nevadaart.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Nevada Museum of Art has achieved a strong 92% rating from Charity Navigator, indicating a high level of accountability and financial health. The score reflects an impressive 100% accountability and finance rating, showcasing the organization's commitment to transparency and responsible management of funds. The museum boasts a fully independent board and has demonstrated effective financial oversight, with no material diversion of assets reported.
Strengths highlighted include a solid program expense ratio of 69.08%, which indicates the majority of funds are utilized for its programs, and a fundraising efficiency ratio of $0.10, suggesting low costs associated with raising funds. The museum also maintains a favorable working capital ratio, ensuring it can meet its financial obligations comfortably. However, it is noted that the organization is missing a whistleblower policy and has not distributed its tax form to the board prior to filing, which could be areas for improvement in governance practices.
Overall, the Nevada Museum of Art shows a robust performance in financial accountability and program effectiveness, earning accolades for its governance structure. While there are minor gaps in certain policies, the organization’s strengths significantly outweigh these limitations, making it a reputable choice for donors looking to support the arts.
This AI summary has been generated from information found on Charity Navigator.
Is Nevada Museum Of Art legitimate?
Nevada Museum Of Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nevada Museum Of 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: $1,005,369
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,780,777
For more financial information, click here
Official website here: www.nevadaart.org
What is the mission statement of Nevada Museum Of Art?
The Nevada Museum of Art functions as a cultural and educational resource for the entire community. It strives to serve as a platform for the presentation and exploration of creative ideas. The Museum's mission is to act as a cultural beacon, accessible to all. It presents a diverse range of visual arts exhibitions, educational programs, and studio classes. Additionally, the Museum offers films, special events, and develops content for the Center for Art + Environment, which focuses on the interactions between people and their environment. The Museum's collection consists of over 2,000 works of art, organized around themes of land and environment, and is a valuable resource for the appreciation and study of art.
Official website here: www.nevadaart.org
Who is the CEO of Nevada Museum Of Art?
David Walker is the Ceo/Executive Director of Nevada Museum Of Art. The CEO's salary of Nevada Museum Of Art is $391,271 and their total compensation is $465,589.
Official website here: www.nevadaart.org
What is the revenue of Nevada Museum Of Art?
Nevada Museum Of Art's revenue in 2022 was $13,983,234.
Official website here: www.nevadaart.org
Who are the executives of Nevada Museum Of Art and what are their salaries?
The average compensation at Nevada Museum Of Art during 2022 was $36,759. There are 103 employees and 130 volunteers at Nevada Museum Of Art.
Here are 41 key members and their salaries (Nevada Museum Of Art's CEO's salary is $391,271 and their total compensation is $465,589):
- Compensation: $391,271
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- Other: $74,318
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- Compensation: $103,102
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- Other: $14,136
- Compensation: $119,721
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- Other: $41,595
Official website here: www.nevadaart.org
Where can I find the form 990 for Nevada Museum Of Art?
Nevada Museum Of Art's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nevadaart.org
Learn more at the official website: www.nevadaart.org
Mission Statement of Nevada Museum Of Art
The Nevada Museum of Art, a prominent cultural institution in Nevada, strives to function as a valuable educational resource for every community member. With a rich history dating back to 1931, this not-for-profit organization aspires to serve as a cultural beacon by presenting a platform for the exploration of innovative ideas.
The Museum's mission is multifaceted, encompassing the presentation of diverse visual arts exhibitions, educational programs, and studio classes. It also extends to film screenings and special events, all geared towards engaging and inspiring its audience. The permanent collection of the Museum is comprised of over 2,000 works of art, thematically categorized under four focus areas. The Nevada Museum of Art's dedication to the exploration of the creative interplay between people and their environment is further emphasized through the initiatives of its Center for Art + Environment.
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Impact
October, 2024
The Nevada Museum of Art significantly enriches the community by serving as a vital cultural and educational resource. Established in 1931, it stands as one of the oldest cultural institutions in Nevada, located in a striking contemporary building designed by architect Will Bruder. With over 2,000 works in its permanent collection, the Museum focuses on themes related to land and environment, highlighting the intricate connections between art and nature.
Through a diverse range of visual arts exhibitions, educational programs, and studio classes, the Museum actively engages community members of all ages. It presents films and special events, ensuring a dynamic cultural experience. Notably, many exhibitions and initiatives emerge from the Center for Art + Environment, fostering awareness and creativity in how people interact with their surroundings.
The Nevada Museum of Art not only showcases art but also serves as a forum for the exchange of creative ideas, inspiring dialogue and collaboration among community members and fostering a deeper understanding of the arts. Its commitment to accessibility and education helps cultivate a vibrant cultural landscape in Reno and beyond.
This information is meant to be a general summary of Nevada Museum Of 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: $463,765
- Program Service Revenue: $1,302,983
- Gross Receipts: $14,263,967
Assets and Liabilities:
- Total Assets: $70,321,781
- Total Liabilities: $2,180,949
- Net Assets: $68,140,832
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues
Revenue
$730,918
Museum School
Revenue
$278,489
Admissions
Revenue
$196,594
Exhibition Use Fees
Revenue
$7,500
Organization Details
Founding Year
1983
Phone
(775) 329-3333Principal Officer
David Walker
Main Address
160 West Liberty St, Reno, NV, 895011916
Website
www.nevadaart.orgNTEE Category
Code: A510 - Arts
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