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Arkansas Museum Of Fine Arts Foundation

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

EIN: 237337495 ✦ Little rock, AR ✦ Designated as a 501(c)(3)

Overview

What is Arkansas Museum Of Fine Arts Foundation?

The Arkansas Museum of Fine Arts Foundation is a nonprofit organization established by the Arkansas Museum of Fine Arts in 1972. Its primary role is to manage and administer an endowment fund for the benefit of the museum in Little Rock, Arkansas. The foundation holds legal title to the collection of art objects and ensures a stable source of income for the museum. Its mission is twofold: managing the endowment and safeguarding the art collection.


Official website here: www.arkmfa.org

Is Arkansas Museum Of Fine Arts Foundation legitimate?

Arkansas Museum Of Fine Arts Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Museum Of Fine Arts 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,304,083

For more financial information, click here


Official website here: www.arkmfa.org

What is the mission statement of Arkansas Museum Of Fine Arts Foundation?

The Arkansas Museum of Fine Arts Foundation was established by the Arkansas Museum of Fine Arts in 1972, with the primary objective of managing and administering an endowment fund for the benefit of the museum. This foundation holds the legal title to the museum's collection of art objects. Its mission is geared towards supporting the operation of the Arkansas Museum of Fine Arts and ensuring a stable source of income for its continued growth and success. By managing the endowment fund, the foundation plays a crucial role in securing the financial future of the museum and preserving its valuable art collection for future generations.


Official website here: www.arkmfa.org

Who is the CEO of Arkansas Museum Of Fine Arts Foundation?

Dr Victoria Ramirez is the Secretary of Arkansas Museum Of Fine Arts Foundation.


Official website here: www.arkmfa.org

What is the revenue of Arkansas Museum Of Fine Arts Foundation?

Arkansas Museum Of Fine Arts Foundation's revenue in 2022 was $14,055,557.


Official website here: www.arkmfa.org

Who are the executives of Arkansas Museum Of Fine Arts Foundation and what are their salaries?

Here are 10 key members and their salaries:

    Victoria Ramirez (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $284,859
  • Other: $0

    • Warren Stephens (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George O'Connor (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Hussman (Vice - Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claiborne Deming (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Tucker (Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Ed Anthony (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harriet Stephens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terri Erwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Mayton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.arkmfa.org

    Where can I find the form 990 for Arkansas Museum Of Fine Arts Foundation?

    The Arkansas Museum Of Fine Arts Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.arkmfa.org

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

    Mission Statement of Arkansas Museum Of Fine Arts Foundation

    The Arkansas Museum of Fine Arts Foundation, a vital entity established by the Arkansas Museum of Fine Arts in 1972, plays a significant role in ensuring the financial stability and operational success of the museum. With a mission deeply rooted in supporting its sister organization, the Foundation manages and administers an endowment fund on the behalf of the Arkansas Museum of Fine Arts. By holding legal title to the collection of art objects, it enables the museum to focus on its primary role of showcasing and preserving artistic masterpieces.

    The Arkansas Museum of Fine Arts Foundation serves as the museum's financial backbone, providing a consistent source of income. Its purpose is threefold: first, to maintain the endowment fund; second, to oversee its management and administration; third, to ensure the long-term sustainability of the Arkansas Museum of Fine Arts. This vital organization acts as a shield, safeguarding the museum's financial future and allowing it to continue enriching the lives of its visitors through artistic exploration and education.

    Impact

    This information is meant to be a general summary of Arkansas Museum Of Fine Arts Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Arkansas Museum of Fine Arts Foundation's impact lies in its crucial role in managing and administering an endowment fund for the benefit of the museum, providing a stable source of income to support the operation of the Arkansas Museum of Fine Arts. By holding legal title to the collection of art objects and supporting the museum's activities, the foundation contributes significantly to the preservation and promotion of arts in Arkansas.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $355,938
  • Program Service Revenue: $0
  • Gross Receipts: $30,487,668

    • Assets and Liabilities:
  • Total Assets: $69,331,609
  • Total Liabilities: $4,092,798
  • Net Assets: $65,238,811
  • Organization Details

    Founding Year

    1972

    Principal Officer

    Dr Victoria Ramirez

    Main Address

    501 EAST NINTH STREET, LITTLE ROCK, AR, 72202

    NTEE Category

    Code: A110 - Arts

    If you are a representative of Arkansas Museum Of Fine Arts Foundation 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.