Overview
What is Armand Hammer Museum Of Art And Cultural Center Inc?
The Armand Hammer Museum of Art and Cultural Center Inc, located at UCLA, is a nonprofit organization committed to enriching lives through art and thought-provoking ideas. By fostering an engaging environment, they strive to construct a more equitable world. While specific details about their activities and mission are not available, their overarching belief in the transformative power of art and ideas is evident.
Official website here: www.hammer.ucla.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Armand Hammer Museum of Art and Cultural Center Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting outstanding performance in accountability and finance. The organization scored a perfect 100% in this category, indicating strong fiscal management and transparency. An independent board, comprised of 86% members, ensures governance practices that prioritize the nonprofit's mission.
Strengths highlighted include excellent management of resources, with a program expense ratio of 75.87%, demonstrating a commitment to mission-focused activities. The financial health of the organization is robust, evident in a low liabilities to assets ratio of 4.68% and a remarkable working capital ratio of 9.23 years. Fundraising efficiency also stands out, with only $0.16 spent to raise every dollar.
While the data presents a very positive outlook, it is important to continually assess the organization's impact and outreach efforts. Maintaining transparency and effective use of funds will be crucial as the museum strives to enhance its cultural contributions and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Armand Hammer Museum Of Art And Cultural Center Inc legitimate?
Armand Hammer Museum Of Art And Cultural Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Armand Hammer Museum Of Art And Cultural Center 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: $2,446,476
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,359,593
For more financial information, click here
Official website here: www.hammer.ucla.edu
What is the mission statement of Armand Hammer Museum Of Art And Cultural Center Inc?
The Armand Hammer Museum of Art and Cultural Center holds the belief that art and ideas have the power to enlighten and contribute to a more fair and just world. Through its activities, the museum aims to showcase and promote this promise, using art as a catalyst for exploration and understanding. The institution aspires to engage and inspire its audience, fostering a deeper connection to the world around them and encouraging critical thought and dialogue. By providing a platform for diverse voices and perspectives, the Hammer Museum fosters a community that values the importance of art and its potential to bring about positive change.
Official website here: www.hammer.ucla.edu
Who is the CEO of Armand Hammer Museum Of Art And Cultural Center Inc?
Michael Harrison is the Deputy Dir/Asst Treasurer of Armand Hammer Museum Of Art And Cultural Center Inc. The CEO's salary of Armand Hammer Museum Of Art And Cultural Center Inc is $667,900 and their total compensation is $728,350.
Official website here: www.hammer.ucla.edu
What is the revenue of Armand Hammer Museum Of Art And Cultural Center Inc?
Armand Hammer Museum Of Art And Cultural Center Inc's revenue in 2022 was $34,992,263.
Official website here: www.hammer.ucla.edu
Who are the executives of Armand Hammer Museum Of Art And Cultural Center Inc and what are their salaries?
The average compensation at Armand Hammer Museum Of Art And Cultural Center Inc during 2022 was $26,431. There are 371 employees and 57 volunteers at Armand Hammer Museum Of Art And Cultural Center Inc.
Here are 35 key members and their salaries (Armand Hammer Museum Of Art And Cultural Center Inc's CEO's salary is $667,900 and their total compensation is $728,350):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $490,766
- Other: $68,390
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $274,134
- Other: $45,676
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $362,177
- Other: $47,335
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $667,900
- Related: $0
- Other: $60,450
- Compensation: $283,857
- Related: $0
- Other: $34,351
- Compensation: $102,275
- Related: $0
- Other: $16,612
- Compensation: $275,505
- Related: $0
- Other: $64,293
- Compensation: $189,915
- Related: $0
- Other: $60,030
- Compensation: $164,896
- Related: $0
- Other: $37,378
- Compensation: $162,329
- Related: $0
- Other: $31,049
- Compensation: $225,899
- Related: $0
- Other: $24,297
- Compensation: $125,358
- Related: $0
- Other: $25,891
- Compensation: $135,611
- Related: $0
- Other: $27,375
- Compensation: $123,462
- Related: $0
- Other: $27,595
- Compensation: $120,912
- Related: $0
- Other: $43,024
- Compensation: $157,335
- Related: $0
- Other: $12,722
Official website here: www.hammer.ucla.edu
Where can I find the form 990 for Armand Hammer Museum Of Art And Cultural Center Inc?
Armand Hammer Museum Of Art And Cultural Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hammer.ucla.edu
Learn more at the official website: www.hammer.ucla.edu
Mission Statement of Armand Hammer Museum Of Art And Cultural Center Inc
The Armand Hammer Museum of Art and Cultural Center Inc is a renowned institution that aspires to enlighten lives and foster a more equitable world through the power of art and ideas. This esteemed organization, located at UCLA, embraces the belief that artistic expressions and intellectual discoveries can bring about transformative experiences.
The Hammer Museum's mission is threefold: it seeks to engage the public through innovative exhibitions, create a platform for thought-provoking discussions, and cultivate the next generation of artists and art enthusiasts. With a commitment to inclusivity and accessibility, the museum offers a diverse range of programming that caters to varied audiences, from local communities to international visitors.
Moreover, the Hammer Museum is dedicated to promoting dialogue and fostering interdisciplinary collaborations. It serves as a catalyst for critical thinking and creative exploration, providing a space where artists, scholars, and the public can come together to engage in meaningful conversations and challenge perspectives. This vibrant cultural hub strives to inspire, educate, and enrich the lives of individuals from all walks of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Armand Hammer Museum of Art and Cultural Center Inc. plays a vital role in the cultural landscape of Los Angeles by fostering an appreciation for art and ideas. Through its diverse exhibitions and programs, the museum enhances the community's understanding of contemporary and historical art, making it accessible to a broad audience.
By focusing on the transformative power of art, the Hammer Museum ignites discussions that can lead to meaningful social change. Its mission to illuminate lives and promote justice reflects a commitment to using art as a catalyst for dialogue and awareness. By hosting thought-provoking exhibitions and engaging speakers, the museum not only enriches the cultural fabric of the community but also inspires individuals to think critically about societal issues.
Overall, the Hammer Museum serves as a vital hub for creativity, education, and community engagement, contributing significantly to both the local and broader artistic dialogue.
This information is meant to be a general summary of Armand Hammer Museum Of Art And Cultural Center 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 2022.
- Investment Income: $8,478,001
- Program Service Revenue: $347,748
- Gross Receipts: $36,334,375
Assets and Liabilities:
- Total Assets: $300,503,253
- Total Liabilities: $12,018,871
- Net Assets: $288,484,382
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CURATED TRAVEL PROGRAM
Revenue
$290,400
ADMISSION
Revenue
$34,848
EXHIB. AND PUBLIC FEES
Revenue
$22,500
Organization Details
Founding Year
1989
Phone
(310) 443-7058Principal Officer
Michael Harrison
Main Address
10899 WILSHIRE BLVD, LOS ANGELES, CA, 900244314
Website
www.hammer.ucla.eduNTEE Category
Code: A51 - Arts
If you are a representative of Armand Hammer Museum Of Art And Cultural Center Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.