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Tacoma Art Museum Endowment

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 916096633 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Tacoma Art Museum Endowment?

Tacoma Art Museum Endowment is a nonprofit entity, with its administrative address in Dallas, Texas. Its primary mission is to support the Tacoma Art Museum, contributing financially towards the maintenance and operation of the museum's building and grounds. Any excess funds generated are allocated for promoting art, cultural, and educational activities within the museum. The Endowment plays a vital role in ensuring the museum's continued existence and growth, thereby enriching the local community with artistic and cultural experiences.


Official website here: www.none

Is Tacoma Art Museum Endowment legitimate?

Tacoma Art Museum Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tacoma Art Museum Endowment 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: $11,021
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.none

What is the mission statement of Tacoma Art Museum Endowment?

The Tacoma Art Museum Endowment's mission revolves around providing financial support for the maintenance and operation of the museum's building and grounds. Any surplus funds generated are allocated towards promoting art, cultural, and educational activities within the museum. This support enables the museum to carry out its functions effectively and contribute to the artistic and educational community.


Official website here: www.none

Who is the CEO of Tacoma Art Museum Endowment?

Bank Of America N A is the Trustee of Tacoma Art Museum Endowment.


Official website here: www.none

What is the revenue of Tacoma Art Museum Endowment?

Tacoma Art Museum Endowment's revenue in 2022 was $205,591.


Official website here: www.none

Who are the executives of Tacoma Art Museum Endowment and what are their salaries?


Here are 2 key members and their salaries:


Bank Of America N A (Trustee)
  • Compensation: $4,111
  • Related: $0
  • Other: $0
Jp Morgan Chase Bank (Trustee)
  • Compensation: $6,910
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Tacoma Art Museum Endowment?

Tacoma Art Museum Endowment's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Tacoma Art Museum Endowment

Tacoma Art Museum Endowment's mission is centered around providing financial support for the maintenance and operation of the museum's building and grounds. This includes ensuring the upkeep of any structure housing the museum and its exhibits. Any excess funds generated from this endeavor are directed towards furthering the museum's objectives in the realm of art, culture, and education. The Endowment's contributions significantly contribute to the museum's ability to carry out its artistic, cultural, and educational activities, thereby enriching the community and promoting artistic growth.

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Impact




October, 2024

The Tacoma Art Museum Endowment significantly enhances the operational capabilities and overall experience of the Tacoma Art Museum. By providing net income dedicated to the maintenance and operation of the museum’s facilities, it ensures that the environment is welcoming, well-maintained, and accessible to the community.

Surplus funds generated by the endowment are strategically allocated to support diverse art, cultural, and educational activities, enriching the museum's offerings and programming. This impact extends beyond mere physical upkeep; it fosters a vibrant cultural landscape where artistic expression and community engagement thrive, bolstering the museum’s ability to serve as a vital resource for education and cultural enrichment in the region.




This information is meant to be a general summary of Tacoma Art Museum Endowment. 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.

Revenue
$205,591 (2022)
Expenses
$12,802 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $205,591
  • Gross Receipts: $2,459,174

Assets and Liabilities:

  • Total Assets: $2,180,096
  • Total Liabilities: $0
  • Net Assets: $2,180,096

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Organization Details

Founding Year

1970

Principal Officer

Bank Of America N A

Main Address

PO BOX 653067, DALLAS, TX, 752653067

Website

www.none

NTEE Category

Code: A51I - Arts

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