Overview
What is Museums Alaska Inc?
Museums Alaska Inc, based in Anchorage, Alaska, is a small nonprofit organization with a single employee. Their primary mission is to support museums and cultural centers across Alaska, fostering public appreciation for their significance. They achieve this by granting funds to acquire artworks created by local artists and assisting with the management of their collections. The organization's role is instrumental in strengthening the cultural landscape of Alaska.
Official website here: www.museumsalaska.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Stars
Museums Alaska Inc has received an 81% rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization excels particularly in its governance, with an entirely independent board of directors and a high program expense ratio of 89.03%, suggesting that a significant portion of its resources is directed toward its mission-related activities.
The organization demonstrates strong governance practices, such as full transparency with its tax forms and a well-established conflict of interest policy. However, it has a notable limitation in that it does not have a whistleblower policy in place, which could be a concern for ensuring ethical practices within the organization.
Overall, Museums Alaska Inc appears to be a financially healthy organization with robust oversight, though it could enhance its governance framework by addressing the absence of a whistleblower policy. This rating reflects positively on its commitment to accountability and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Museums Alaska Inc legitimate?
Museums Alaska Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Museums Alaska Inc 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: $67,199
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.museumsalaska.org
What is the mission statement of Museums Alaska Inc?
Museums Alaska Inc serves to support museums and cultural centers in Alaska, fostering a wider public appreciation for their significance. Their mission involves providing financial assistance to acquire artworks created by local artists and addressing collection management needs. Additionally, they oversee a grant program for this purpose. In essence, Museums Alaska Inc works to enhance public understanding of the importance of these cultural institutions in Alaska.
Official website here: www.museumsalaska.org
What is the revenue of Museums Alaska Inc?
Museums Alaska Inc's revenue in 2024 was $562,370.
Official website here: www.museumsalaska.org
Who are the executives of Museums Alaska Inc and what are their salaries?
The average compensation at Museums Alaska Inc during 2024 was $67,199. There is 1 employee and 30 volunteers at Museums Alaska Inc.
Here are 12 key members and their salaries:
- Compensation: $58,150
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- Other: $9,049
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Official website here: www.museumsalaska.org
Where can I find the form 990 for Museums Alaska Inc?
Museums Alaska Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.museumsalaska.org
Learn more at the official website: www.museumsalaska.org
Mission Statement of Museums Alaska Inc
Museums Alaska Inc, as a supportive organization, plays a significant role in boosting museums and cultural centers across Alaska. Their primary mission is to amplify the public's appreciation and recognition of the importance of these institutions. To achieve this goal, Museums Alaska Inc provides grants to local museums, enabling them to acquire artworks by Alaskan artists and address their collections management needs. Furthermore, the organization oversees a grant program, ensuring its administration for the betterment of these cultural centers in Alaska. By supporting these institutions, Museums Alaska Inc contributes to preserving and showcasing the rich cultural heritage and artistic talents of the Alaskan community, enhancing the overall cultural landscape of the region.
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Impact
July, 2024
Museums Alaska Inc's impact is significant in supporting museums and cultural centers in Alaska and enhancing public understanding of their value. Through grants provided to Alaska museums for acquiring artwork by Alaskan artists and assisting with collection management needs, Museums Alaska Inc plays a crucial role in preserving and promoting Alaska's cultural heritage. By administering grant programs and advocating for the importance of museums, Museums Alaska Inc contributes to the enrichment of arts and cultural experiences in the state.
This information is meant to be a general summary of Museums Alaska Inc. 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: $570
- Program Service Revenue: $486,611
- Gross Receipts: $562,370
Assets and Liabilities:
- Total Assets: $207,520
- Total Liabilities: $79,935
- Net Assets: $127,585
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE CONTRACT
Revenue
$477,011
REGISTRATION, WORKSHOP FEES
Revenue
$9,600
Organization Details
Founding Year
1983
Principal Officer
Dixie Clough
Website
www.museumsalaska.orgNTEE Category
Code: A50 - Arts
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