Overview
What is Lompoc Museum Associates Inc?
Lompoc Museum Associates Inc is a devoted nonprofit organization situated in Lompoc, operating with a mission to foster a deeper understanding and appreciation of local history. Their primary activity involves managing a public historical museum, offering engaging exhibits and programs for various audiences, including school children, adults, and scholars. The museum serves as an educational platform, disseminating historical knowledge through its on-site displays. Besides the museum, they also conduct tours of Artesia School, a historical site, welcoming both schoolchildren and the general public. Remarkably, the Lompoc Unified School District generously contributes the use of Artesia School to the Museum for an annual fee of just $1.
Official website here: www.lompocmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 27%, Zero-Star out of Four Star rating.
Lompoc Museum Associates Inc has been rated with a low score of 27%, indicating significant concerns regarding its financial accountability and transparency. While the organization boasts a strong independent board with 81% independent members, many critical aspects of operational transparency are lacking. The organization did not provide financial statements and failed to establish essential policies related to conflict of interest, whistleblower protection, and document retention.
In terms of financial health, the museum's liabilities to assets ratio is notably low at 0.12%, which is a point of concern. Moreover, the program expense ratio stands at only 40.00%, suggesting that a substantial portion of funds may not be directed towards its intended programming. Overall, while the governance structure appears solid, the absence of necessary financial documentation and policies severely impacts the nonprofit's credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lompoc Museum Associates Inc legitimate?
Lompoc Museum Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lompoc Museum Associates 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: $43,590
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,572
For more financial information, click here
Official website here: www.lompocmuseum.org
What is the mission statement of Lompoc Museum Associates Inc?
The Lompoc Museum Associates Inc is dedicated to operating a public historical museum with the primary objective of enhancing and disseminating knowledge about local history. The museum provides educational services and on-site exhibits catering to various audiences, including school children, adults, and scholars. One of its notable offerings is arranging tours of Artesia School, a historical site, for both school children and the general public. The Lompoc Unified School District generously donates the use of Artesia School to the museum for a nominal fee of $1 per year.
Official website here: www.lompocmuseum.org
What is the revenue of Lompoc Museum Associates Inc?
Lompoc Museum Associates Inc's revenue in 2024 was $99,798.
Official website here: www.lompocmuseum.org
Who are the executives of Lompoc Museum Associates Inc and what are their salaries?
The average compensation at Lompoc Museum Associates Inc during 2024 was $28,581. There are 2 employees and 27 volunteers at Lompoc Museum Associates Inc.
Here are 8 key members and their salaries:
- Compensation: $43,590
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.lompocmuseum.org
Where can I find the form 990 for Lompoc Museum Associates Inc?
Lompoc Museum Associates Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lompocmuseum.org
Learn more at the official website: www.lompocmuseum.org
Mission Statement of Lompoc Museum Associates Inc
Lompoc Museum Associates, a nonprofit organization, is dedicated to enriching and propagating the understanding of local history. They achieve this mission by operating a public historical museum. This museum serves as a valuable resource for various demographics, including school children, adults, and scholars. Through its program services and on-site exhibits, the museum aims to foster a deeper appreciation for the area's historical background.
One of the unique facets of Lompoc Museum Associates' operations is their partnership with the Lompoc Unified School District. They are granted the use of Artesia School, a historical site, for a symbolic annual fee of $1. This allows the museum to offer tours of Artesia School to both school children and the general public, providing a tangible connection to the region's past.
In essence, Lompoc Museum Associates Inc is committed to preserving and sharing the area's historical heritage. By operating a public museum and offering educational tours, they aim to inspire curiosity and foster an appreciation for the region's past among the local community and visitors alike.
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Impact
July, 2024
Lompoc Museum Associates Inc's impact is primarily focused on preserving and sharing local history through the operation of a public historical museum. By offering program services, on-site exhibits, and tours of historical sites like Artesia School, they aim to increase knowledge and appreciation of the community's heritage among school children, adults, and scholars. Their dedication to educating and engaging the public in the city of Lompoc, CA, contributes to fostering a deeper understanding and connection to the area's rich history.
This information is meant to be a general summary of Lompoc Museum Associates 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: $21,390
- Program Service Revenue: $9,441
- Gross Receipts: $615,585
Assets and Liabilities:
- Total Assets: $1,248,826
- Total Liabilities: $1,583
- Net Assets: $1,247,243
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ARTESIA SCHOOL
Revenue
$130
Membership Dues & Assessments
Revenue
$7,660
PROGRAMS
Revenue
$300
TOURS AND ADMISSIONS
Revenue
$1,351
Organization Details
Founding Year
1969
Principal Officer
Michael Callahan
Website
www.lompocmuseum.orgNTEE Category
Code: A540 - Arts
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