Overview
What is The Putnam Foundation?
The Putnam Foundation, doing business as the Timken Museum of Art, is a San Diego-based nonprofit organization dedicated to public fine arts education. Situated in Balboa Park, the Timken Museum is the city's unique fine art museum that does not charge admission. The Foundation's mission emphasizes accessibility – through free admission and outreach programs – to broaden art appreciation among diverse communities. With a team of 26 employees, the Putnam Foundation operates the Timken Museum, providing an invaluable resource for the public to engage with and learn from a diverse collection of fine arts.
Official website here: www.timkenmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Star rating.
The Putnam Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its outstanding performance in accountability, finance, culture, and community. With a perfect score of 100% across all key evaluation categories, the foundation demonstrates strong governance through its entirely independent board and effective financial management, notably maintaining a low liabilities to assets ratio and a high program expense ratio.
The organization excels in transparency and ethical practices, as evidenced by its comprehensive policies, including conflict of interest and whistleblower protections. Feedback collection and usage are prioritized, indicating the foundation's commitment to continuous improvement and responsiveness to community needs. Its fundraising efficiency is exceptionally high, demonstrating a commitment to maximizing resources for its programs.
Despite these strengths, no specific limitations or challenges were noted in the data. Overall, The Putnam Foundation stands out as a highly accountable and effective nonprofit, well-equipped to fulfill its mission and serve its beneficiaries effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Putnam Foundation?
86% of the 438 reviewers on Facebook recommend The Putnam Foundation. Here's a summary of their reviews:
Many users appreciate the foundation for its free and compact offerings filled with high-quality artwork. The app, in particular, has received positive remarks, with several reviewers mentioning it as a valuable tool for enjoying art tours.
Overall, supporters feel that The Putnam Foundation successfully delivers engaging experiences and enhances access to art, making it a recommended resource for art lovers.
This AI summary has been generated from reviews found on Facebook.
Is The Putnam Foundation legitimate?
The Putnam Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Putnam 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $255,245
Professional Fundraising Fees: $0
Other Salaries and Wages: $814,999
For more financial information, click here
Official website here: www.timkenmuseum.org
What is the mission statement of The Putnam Foundation?
The Putnam Foundation, operating as the Timken Museum of Art, is a non-profit organization dedicated to public art education. Through its museum, located in Balboa Park, San Diego, California, the foundation provides access to fine arts for all, making it the city's only free admission art museum. The organization's mission revolves around making art accessible to the public, embracing the principle of inclusivity in its approach. The Timken Museum of Art serves as a platform for community engagement and outreach to underserved groups, fostering an appreciation for the arts and broadening cultural horizons.
Official website here: www.timkenmuseum.org
What is the revenue of The Putnam Foundation?
The Putnam Foundation's revenue in 2024 was $1,932,243.
Official website here: www.timkenmuseum.org
Who are the executives of The Putnam Foundation and what are their salaries?
The average compensation at The Putnam Foundation during 2024 was $35,675. There are 30 employees and 80 volunteers at The Putnam Foundation.
Here are 20 key members and their salaries:
- Compensation: $217,729
- Related: $0
- Other: $29,140
- Compensation: $95,303
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- Other: $20,514
- Compensation: $91,014
- Related: $0
- Other: $23,471
- Compensation: $102,906
- Related: $0
- Other: $1,111
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Official website here: www.timkenmuseum.org
Where can I find the form 990 for The Putnam Foundation?
The Putnam Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.timkenmuseum.org
Learn more at the official website: www.timkenmuseum.org
Mission Statement of The Putnam Foundation
The Putnam Foundation, also known as Timken Museum of Art, is a renowned non-profit organization dedicated to enriching the public's understanding of fine arts. Based on the information provided, its primary objective lies in the education of the public through the operation of the eponymous museum in San Diego, California, which is unique in offering free admission.
Accessibility is a core tenet of The Putnam Foundation. Beyond its free-admission policy, the organization reaches out to underrepresented communities, making art accessible to all. The Putnam Foundation's mission is to foster an appreciation for fine arts and create opportunities for individuals to engage with these works, regardless of their socio-economic background or circumstances.
Through the Timken Museum of Art, The Putnam Foundation cultivates a vibrant arts community. The institution showcases a diverse collection of art, spanning various periods and artistic movements, offering visitors a rich and inspiring experience. The organization's commitment to accessibility extends beyond its admission policy, as it also engages in outreach programs and initiatives aimed at making the arts accessible to a wider audience.
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Impact
October, 2024
The Putnam Foundation significantly impacts the San Diego community by fostering public education in the fine arts through the Timken Museum of Art. As the only fine art museum in San Diego that offers free admission, the foundation prioritizes accessibility, ensuring that people from all backgrounds can experience and engage with high-quality art. This commitment not only enriches cultural understanding but also promotes inclusivity by reaching out to underserved groups, allowing them to appreciate the fine arts without financial barriers. Through its initiatives and programs, the Putnam Foundation cultivates a greater appreciation for the arts, enhances community engagement, and supports the cultural landscape of San Diego.
This information is meant to be a general summary of The Putnam 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: $424,741
- Gross Receipts: $1,980,625
Assets and Liabilities:
- Total Assets: $56,183,990
- Total Liabilities: $623,293
- Net Assets: $55,560,697
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Organization Details
Founding Year
1965
Principal Officer
Megan Pogue
Website
www.timkenmuseum.orgNTEE Category
Code: A510 - Arts
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