Overview
What is Fine Arts Museums Foundation?
The Fine Arts Museums Foundation is a charitable organization headquartered in San Francisco, California. Its primary focus involves supporting the Fine Arts Museums of San Francisco, which consists of the de Young Museum in Golden Gate Park and the Legion of Honor in Lincoln Park. With significant impact on the city and being one of the largest art museums in the United States, the foundation's mission is to solicit, receive, disburse, and manage funds and property for the enrichment, advancement, administration, and expansion of the Fine Arts Museums of San Francisco (FAMSF). This includes acquiring works of art, maintaining them, and loaning or donating pieces to FAMSF.
Official website here: www.famsf.org
What are the reviews and ratings of this charity?
The Fine Arts Museums Foundation is not currently rated by Charity Navigator due to the absence of required scoring in specific areas such as Accountability & Finance or Impact & Measurement. This lack of rating does not imply any negative or positive standing but rather that an evaluation has not yet been completed. Charity Navigator also notes that historical ratings did not incorporate aspects like Leadership & Adaptability or Culture & Community.
The organization's financial transparency is partially available, with data on total revenue and expenses as reported on IRS Form 990, as well as the salaries of their highest-compensated employees. The Director of Museums, Thomas Campbell, is noted as the highest-paid individual, which might reflect the organization's resource allocation in leadership roles. However, details on their Impact & Measurement and community engagement are not currently provided, which limits a comprehensive understanding of their overall effectiveness and outreach.
GreatNonprofits lacks user reviews for the Fine Arts Museums Foundation, indicating a gap in public feedback or engagement through that platform. Without user perspectives, it is challenging to gain insights into community sentiments or personal experiences with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Fine Arts Museums Foundation legitimate?
Fine Arts Museums Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fine Arts Museums 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.
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Official website here: www.famsf.org
What is the mission statement of Fine Arts Museums Foundation?
The Fine Arts Museums Foundation exists for charitable and educational purposes. Its main objective is to manage and disburse funds for the betterment of the Fine Arts Museums. This includes purchasing art pieces, holding them, and lending or donating them to the museums. The foundation's activities are geared towards embellishing, advancing, administering, and enlarging the Fine Arts Museums. By soliciting, receiving, and managing funds and property, the foundation supports the fine arts community and contributes to the artistic enrichment of the public.
Official website here: www.famsf.org
What is the revenue of Fine Arts Museums Foundation?
Fine Arts Museums Foundation's revenue in 2024 was $18,653,752.
Official website here: www.famsf.org
Who are the executives of Fine Arts Museums Foundation and what are their salaries?
There 11 volunteers at Fine Arts Museums Foundation.
Here are 13 key members and their salaries:
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- Related: $1,218,869
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- Related: $347,995
- Other: $53,176
Official website here: www.famsf.org
Where can I find the form 990 for Fine Arts Museums Foundation?
Fine Arts Museums Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.famsf.org
Learn more at the official website: www.famsf.org
Mission Statement of Fine Arts Museums Foundation
The Fine Arts Museums Foundation serves as a crucial philanthropic entity, dedicated to supporting the charitable and educational pursuits of the Fine Arts Museums of San Francisco (FAMSF). The Foundation's primary objective is to solicit, manage, and disburse funds and property for the enhancement, administration, and expansion of FAMSF.
In practice, this mission encompasses a range of activities that directly contribute to the betterment of the Fine Arts Museums. A significant aspect of the Foundation's role involves the purchase, holding, and subsequent lending or donation of works of art to FAMSF. These acquisitions serve to enrich the museum's collection, which in turn provides visitors with a more comprehensive and engaging experience.
The Fine Arts Museums Foundation's mission is not only confined to the acquisition of new pieces but also extends to the preservation and maintenance of the existing collection. By funding various initiatives, the Foundation ensures that the artworks are properly cared for and displayed, allowing future generations to appreciate them.
Moreover, the Foundation plays a vital role in facilitating collaborations and partnerships that benefit both FAMSF and the broader arts community. These connections help to expand the museum's reach and influence, ultimately contributing to the advancement of the art world.
In summary, the Fine Arts Museums Foundation functions as a dedicated partner to the Fine Arts Museums of San Francisco, working tirelessly to secure the resources necessary for the museum to thrive and evolve. Through its various initiatives, the Foundation ensures that the Fine Arts Museums are able to maintain, expand, and enrich their collections, ultimately providing visitors with a captivating and enlightening experience.
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Impact
October, 2024
The Fine Arts Museums Foundation plays a crucial role in enhancing the cultural landscape of San Francisco by supporting the Fine Arts Museums of San Francisco, which includes the de Young Museum and the Legion of Honor. As the largest public arts institution in the city and one of the largest in the United States, it serves as a vital resource for education and engagement with the arts.
By soliciting, receiving, and disbursing funds, the Foundation actively contributes to the advancement and administration of these museums. Its efforts include purchasing significant works of art, managing collections, and facilitating loans or donations to enrich the museums' exhibitions. This not only enhances the quality and diversity of the art displayed but also provides opportunities for educational programs that engage the public with the arts.
The Foundation's commitment to these charitable and educational purposes fosters a deeper appreciation for the arts within the community, ensuring that the Fine Arts Museums can continue to inspire visitors for generations to come. In doing so, it strengthens San Francisco's role as a center for cultural enrichment and artistic exploration.
This information is meant to be a general summary of Fine Arts Museums 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 2024.
- Investment Income: $4,993,643
- Gross Receipts: $69,089,869
Assets and Liabilities:
- Total Assets: $289,780,249
- Total Liabilities: $1,179,048
- Net Assets: $288,601,201
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Organization Details
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