Overview
What is Friends Of The Cable Car Museum?
Friends of the Cable Car Museum is a nonprofit organization situated in San Francisco. Their primary mission is to manage and operate the Cable Car Museum, a National Historic Landmark. The museum showcases the history and functioning of the cable car, attracting over 200,000 visitors annually. Free admission allows visitors to explore the exhibits, and the museum also houses a gift shop selling cable car-related merchandise. The organization's lease with the SF Public Utilities Commission ensures daily operation of the museum.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating.
Friends Of The Cable Car Museum has earned a respectable Three-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The overall score is based entirely on the Accountability & Finance beacon, demonstrating that the organization operates with a high level of transparency and integrity.
The organization excels in several key areas, including having a fully independent board of directors, with all ten members meeting this criterion. Additionally, the museum shows no material diversion of assets and has a solid conflict of interest policy in place. Its program expense ratio is impressive, with 96.69% of expenses directed toward its programs, ensuring that funds are utilized effectively.
Despite these strengths, the charity’s rating reflects solely on financial metrics, which may not provide a comprehensive view of its overall impact or effectiveness in fulfilling its mission. Nevertheless, the sound financial practices and governance structure suggest that Friends Of The Cable Car Museum is a well-managed nonprofit dedicated to its goals.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of The Cable Car Museum legitimate?
Friends Of The Cable Car Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Cable Car Museum 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: $63,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $78,267
For more financial information, click here
What is the mission statement of Friends Of The Cable Car Museum?
The Friends of the Cable Car Museum's mission is centered around preserving and showcasing the history and operation of the cable car, a significant national landmark. They manage and operate the Cable Car Museum in San Francisco, providing visitors with free access to the facility, which attracts over 200,000 guests annually. The organization also manages a gift shop, offering Cable Car-related memorabilia for purchase. Essentially, their role is to educate and engage the public about the cable car's rich heritage.
Who is the CEO of Friends Of The Cable Car Museum?
Unavailable
What is the revenue of Friends Of The Cable Car Museum?
Friends Of The Cable Car Museum's revenue in 2023 was $177,411.
Who are the executives of Friends Of The Cable Car Museum and what are their salaries?
The average compensation at Friends Of The Cable Car Museum during 2023 was $28,445. There are 5 employees at Friends Of The Cable Car Museum.
Here are 3 key members and their salaries:
- Compensation: $63,960
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Friends Of The Cable Car Museum?
Friends Of The Cable Car Museum's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Friends Of The Cable Car Museum
Friends of the Cable Car Museum plays a significant role in preserving and showcasing the history of the iconic cable car system in San Francisco. This nonprofit organization manages and operates the Cable Car Museum, a National Historic Landmark, which attracts over 200,000 visitors annually. The museum's primary focus is on educating the public about the operation and evolution of the cable car, a vital part of the city's cultural heritage. Beyond just being a visitor destination, Friends of the Cable Car Museum also runs a gift shop that offers Cable Car-related memorabilia for enthusiasts to take home. By maintaining the museum and providing these additional offerings, the organization ensures that the legacy of the cable car lives on, offering a unique and enriching experience for visitors.
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Impact
October, 2024
Friends Of The Cable Car Museum has a significant impact on the community and visitors by preserving and promoting the rich history of San Francisco's iconic cable car system. By operating the Cable Car Museum, the organization provides free access to over 200,000 visitors each year, allowing them to explore engaging exhibits that highlight the engineering marvels and cultural significance of cable cars as a mode of transportation.
The museum's status as a National Historic Landmark adds to its importance, serving as a vital educational resource for both locals and tourists. In addition to showcasing the history and operation of cable cars, the museum's gift shop offers visitors a chance to take home unique memorabilia, fostering a deeper connection to San Francisco's heritage.
Overall, the Friends Of The Cable Car Museum not only preserves a key aspect of the city’s identity but also enriches the cultural landscape by educating the public and celebrating the history of this beloved transportation system.
This information is meant to be a general summary of Friends Of The Cable Car Museum. 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: $210
- Gross Receipts: $278,073
Assets and Liabilities:
- Total Assets: $696,569
- Total Liabilities: $4,886
- Net Assets: $691,683
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Organization Details
Founding Year
1993
Main Address
1201 Mason Street, San Francisco, CA, 94108
NTEE Category
Code: A500 - Arts
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