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Monterey Museum Of Art

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

EIN: 941534563 ✦ Monterey, CA ✦ Designated as a 501(c)(3)

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Overview

What is Monterey Museum Of Art?

The Monterey Museum of Art (MMA), a nonprofit organization based in Monterey, California, was established in 1959. Accredited by the American Alliance of Museums, MMA's mission is to preserve, collect, and showcase the artistic heritage of California. By presenting traveling exhibitions, community exhibitions, exhibitions showcasing emerging artists, and special installations, MMA seeks to enrich the lives of Monterey County residents and visitors. The museum actively diversifies its permanent collection to reflect the various cultures and stories of California and Monterey County. As a community-engaging institution, MMA serves over 20,000 visitors annually, offering exhibitions and programs that promote inclusivity and encourage curiosity in the visual arts. With a team of 23 dedicated employees, MMA plays a vital role in celebrating and fostering the artistic legacy of California.


Official website here: www.montereyart.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 89%

The Monterey Museum Of Art has achieved an impressive overall score of 89%, which translates to a Three-Star out of Four Star rating on Charity Navigator. This rating reflects strong accountability and financial practices, underscoring the organization’s commitment to responsible governance. The museum boasts a fully independent board of 13 members, ensuring transparency and effective oversight.

In terms of financial health, the museum has demonstrated solid performance with a low liabilities to assets ratio of 7.44% and a robust working capital ratio of 4.69 years, indicating that it is well-positioned to manage its financial obligations. Furthermore, the organization has a thorough array of policies addressing conflicts of interest, whistleblower protections, and document retention, which contribute to its operational integrity.

While the museum appears to be in good financial standing and maintains high standards of accountability, it is important for potential donors and supporters to consider the overall effectiveness of its programs and community impact, as this information is not detailed in the available data. Nonetheless, the museum's governance and financial practices are commendable and suggest a well-managed nonprofit organization.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Monterey Museum Of Art?

92% of 299 reviewers on Facebook recommend the Monterey Museum Of Art. Here’s a look at what people are saying:

Many patrons express strong appreciation for the museum, highlighting its role as a valuable cultural asset to the community. Reviewers describe it as a delight for art lovers, showcasing a diverse and engaging collection. The intimate setting is often mentioned, enhancing the overall experience of visiting.

Overall, the sentiment surrounding the Monterey Museum Of Art is quite positive, with visitors feeling it truly reflects the artistic spirit of the area and contributes significantly to the local cultural landscape.


This AI summary has been generated from reviews found on Facebook.

Is Monterey Museum Of Art legitimate?

Monterey Museum Of Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monterey 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: $182,341
Professional Fundraising Fees: $0
Other Salaries and Wages: $815,946

For more financial information, click here


Official website here: www.montereyart.org

What is the mission statement of Monterey Museum Of Art?

The Monterey Museum of Art, established in 1959, is dedicated to fostering interest in visual arts and connecting with the diverse art heritage of California. It achieves this by collecting, preserving, and showcasing California art from various periods. The museum, recognized by the American Alliance of Museums, hosts special exhibitions, presents the works of emerging artists, and showcases its permanent collection. The institution is committed to reflecting the multicultural tapestry of California and Monterey County in its collection. Annually, it serves over 20,000 visitors and strives to present inclusive exhibitions and programs that engage the community.


Official website here: www.montereyart.org

Who is the CEO of Monterey Museum Of Art?

Corey Madden is the Executive Dir. of Monterey Museum Of Art.


Official website here: www.montereyart.org

What is the revenue of Monterey Museum Of Art?

Monterey Museum Of Art's revenue in 2022 was $3,167,468.


Official website here: www.montereyart.org

Who are the executives of Monterey Museum Of Art and what are their salaries?

The average compensation at Monterey Museum Of Art during 2022 was $43,404. There are 23 employees and 34 volunteers at Monterey Museum Of Art.


Here are 15 key members and their salaries:


Corey Madden (Executive Dir.)
  • Compensation: $158,090
  • Related: $0
  • Other: $16,241
Lila Thorsen (Pres. Emerita)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monika Campbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Donnelly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Greenwald (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adriana Hayward (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Rheinheimer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caroline Scott Low (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Huston (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Stepien (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Simis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Hyland (Ttee Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Archibald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Johnson (Ttee Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mera (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.montereyart.org

Where can I find the form 990 for Monterey Museum Of Art?

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


Official website here: www.montereyart.org

Learn more at the official website: www.montereyart.org

Mission Statement of Monterey Museum Of Art

The Monterey Museum of Art, established in 1959, is dedicated to fostering an interest in the visual arts and connecting with the rich artistic heritage of California. By collecting, preserving, and showcasing art from California's past, present, and future, the museum aims to enrich the lives of Monterey County residents and visitors alike. The institution is accredited by the American Alliance of Museums and presents a variety of exhibitions, including traveling exhibits, community exhibits, and presentations of emerging artists' work. The Monterey Museum of Art is also committed to expanding its permanent collection to represent the diverse cultures and narratives of California. This mission has led the museum to serve over 20,000 visitors annually, offering exhibitions and programs that are inclusive and welcoming to all.

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Impact




July, 2024

The Monterey Museum of Art plays a significant role in cultivating curiosity in the visual arts and engaging the community with the diversity of California art past, present, and future. Founded in 1959, the museum upholds the artistic legacy of the region by collecting, preserving, and presenting the art of California to improve the quality of life for Monterey County residents and visitors. Accredited by the American Alliance of Museums, the museum presents special traveling exhibitions, community exhibitions, exhibitions featuring emerging artists, permanent collection presentations, and special installations.

The museum actively diversifies its permanent collection of art to ensure that it reflects the many cultures and stories of California and Monterey County. With a commitment to inclusivity, the museum serves over 20,000 visitors annually and presents exhibitions and programs that are accessible to all. Through its mission to cultivate curiosity and engage with the community through art, the Monterey Museum of Art has a positive impact on the cultural landscape of the region and beyond.




This information is meant to be a general summary of Monterey 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.

Revenue
$3,167,468 (2022)
Expenses
$2,355,547 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $618,954
  • Program Service Revenue: $86,925
  • Gross Receipts: $4,033,383

Assets and Liabilities:

  • Total Assets: $12,125,244
  • Total Liabilities: $807,808
  • Net Assets: $11,317,436

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMISSIONS & MEMBERSHIPS

Revenue

$72,162

FACILITY FEES

Revenue

$250

LECTURES/CLASSES/WORKSHOP

Revenue

$14,513

Organization Details

Founding Year

1959

Principal Officer

Corey Madden

Main Address

559 PACIFIC STREET, MONTEREY, CA, 93940

NTEE Category

Code: A510 - Arts

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