Overview
What is Whatcom Museum Foundation?
The Whatcom Museum Foundation is a nonprofit organization situated in Bellingham, Washington, at 121 Prospect Street, 98225. Its primary mission is to support and promote the operation of the Whatcom Museum. This involves curating and hosting exhibits of historical and cultural significance, with a focus on the Pacific Northwest and Whatcom County, Washington. The foundation also engages in developing and leveraging the museum's archives and collection, sponsoring various educational programs, and organizing receptions and public events that align with the museum's mission. The foundation's workforce comprises 35 individuals, contributing to the cultural enrichment and historical preservation in their local community.
Official website here: www.whatcommuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating)
The Whatcom Museum Foundation has received a 78% rating from Charity Navigator, reflecting a solid performance in accountability and finance, leadership, and community engagement. The organization scored particularly well in accountability and finance with a score of 74%, benefiting from a fully independent board and effective governance policies. The lack of material diversion of assets and a strong liabilities to assets ratio further bolster their financial credibility.
Strengths in culture and community engagement are also notable, with a high score of 95%. The organization demonstrates a commitment to community through various initiatives and partnerships, such as their collaboration with Western Washington University for leadership development workshops. This focus on cultural engagement illustrates their dedication to inclusivity and diversity within their programming.
However, the program expense ratio stands at 62.36%, indicating that not all funding is directed towards program services, which could be a point of concern for potential donors looking for maximum programmatic impact. Overall, the Whatcom Museum Foundation shows a commitment to governance and community involvement, although there's room for improvement in program spending efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Whatcom Museum Foundation legitimate?
Whatcom Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whatcom Museum Foundation 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: $860,222
For more financial information, click here
Official website here: www.whatcommuseum.org
What is the mission statement of Whatcom Museum Foundation?
The Whatcom Museum Foundation was established with the purpose of supporting and promoting the operation of the Whatcom Museum. The museum's operations encompass curating and hosting exhibits of historical and cultural significance, particularly relevant to the Pacific Northwest and Whatcom County, Washington. Additionally, the foundation develops and exploits the museum's archives and collection, sponsors various educational programs, and hosts receptions and public events aligned with the museum's mission.
Official website here: www.whatcommuseum.org
What is the revenue of Whatcom Museum Foundation?
Whatcom Museum Foundation's revenue in 2023 was $1,605,394.
Official website here: www.whatcommuseum.org
Who are the executives of Whatcom Museum Foundation and what are their salaries?
The average compensation at Whatcom Museum Foundation during 2023 was $22,057. There are 39 employees at Whatcom Museum Foundation.
Here are 17 key members and their salaries:
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Official website here: www.whatcommuseum.org
Where can I find the form 990 for Whatcom Museum Foundation?
Whatcom Museum Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.whatcommuseum.org
Learn more at the official website: www.whatcommuseum.org
Mission Statement of Whatcom Museum Foundation
The Whatcom Museum Foundation was established with a mission to support and promote the operation of the Whatcom Museum. In fulfilling this mission, the foundation plays a significant role in various aspects of the museum's operations. The museum itself curates and hosts exhibits of historical and cultural significance, often focusing on themes relevant to the Pacific Northwest and Whatcom County, Washington. Beyond exhibits, the museum also develops and exploits its archives and collection, providing a wealth of resources for education and research.
To further its mission, the Whatcom Museum Foundation sponsors a diverse array of educational programs. These programs aim to engage and educate the public, offering opportunities for learning and exploration that align with the museum's focus on historical and cultural themes. Additionally, the foundation hosts receptions and other public events that are relevant to the museum's mission, providing opportunities for the community to engage with the museum and its offerings.
In essence, the Whatcom Museum Foundation's mission is to support and promote the operation of the Whatcom Museum, which in turn works to preserve and share the historical and cultural heritage of the Pacific Northwest and Whatcom County. Through its exhibits, archives, educational programs, and public events, the museum offers a rich and engaging experience for visitors, while the foundation plays a crucial role in ensuring the museum's continued success and growth.
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Impact
July, 2024
The Whatcom Museum Foundation plays a crucial role in supporting and promoting the operation of the Whatcom Museum in Bellingham, Washington. By curating and hosting exhibits of historical and cultural significance, particularly relevant to the Pacific Northwest and Whatcom County, the foundation helps preserve and share the rich heritage of the region. Additionally, through the development and utilization of the museum's archives and collection, sponsoring educational programs, and hosting public events, the foundation contributes to the community's cultural enrichment and educational opportunities. Its impact extends beyond the walls of the museum, fostering a greater appreciation for the arts and history in the region.
This information is meant to be a general summary of Whatcom Museum Foundation. 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 2023.
- Investment Income: $204,658
- Program Service Revenue: $629,078
- Gross Receipts: $1,702,979
Assets and Liabilities:
- Total Assets: $5,045,643
- Total Liabilities: $140,965
- Net Assets: $4,904,678
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER
Revenue
$367,174
ADMISSIONS
Revenue
$122,769
PROGRAMS & TOURS
Revenue
$83,283
EXHIBITS
Revenue
$35,260
RENTAL INCOME
Revenue
$20,592
Organization Details
Founding Year
1968
Principal Officer
Nancy Tupper
Website
www.whatcommuseum.orgNTEE Category
Code: A500 - Arts
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