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The O'Keeffe Museum Foundation

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

EIN: 811012846 ✦ Santa fe, NM ✦ Designated as a 501(c)(3)

Overview

What is The O'Keeffe Museum Foundation?

The O'Keeffe Museum Foundation is a nonprofit organization based in Santa Fe, New Mexico, specifically at 217 Johnson Street, with the mission to support and carry out the purposes of the Georgia O'Keeffe Museum. The foundation plays a significant role in the development of the museum's capital campaign for a new museum facility. In 2021, the museum announced an ambitious plan to create a reimagined world-class museum building, which will be approximately 54,000 square feet on a one-acre lot. The museum intends to break ground in the fall of 2023, with the schematic design already approved by the board of trustees. The foundation's activities are exclusively dedicated to serving the Georgia O'Keeffe Museum and its collections.


Is The O'Keeffe Museum Foundation legitimate?

The O'Keeffe Museum Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The O'Keeffe Museum 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: $96,000
Other Salaries and Wages: $472,264

For more financial information, click here


What is the mission statement of The O'Keeffe Museum Foundation?
Who is the CEO of The O'Keeffe Museum Foundation?
What is the revenue of The O'Keeffe Museum Foundation?
Who are the executives of The O'Keeffe Museum Foundation and what are their salaries?
Where can I find the form 990 for The O'Keeffe Museum Foundation?

Mission Statement of The O'Keeffe Museum Foundation

The O'Keeffe Museum Foundation is a vital organization dedicated to supporting and carrying out the purposes of the Georgia O'Keeffe Museum. Established exclusively for this benefit, the Foundation plays an integral role in the museum's development, including the ongoing capital campaign for a proposed new museum facility. The Foundation's mission is threefold: to support, perform functions for, and carry out the purposes of the prestigious Georgia O'Keeffe Museum and its collections.

In 2021, the Museum unveiled an ambitious vision to create a reimagined world-class museum facility and community green space. This new building, spanning 54,000 square feet on a one-acre lot, will serve as a testament to the legacy of the renowned artist, Georgia O'Keeffe. With the schematic design already approved by the Board of Trustees, the Museum is currently in the next phase of design and development. The Foundation's commitment to this project is unwavering, and it is anticipated that groundbreaking will take place in the fall of 2023. The new museum facility is not only an exciting development for art enthusiasts but also a significant investment in the preservation and celebration of O'Keeffe's artistic legacy.

Impact

This information is meant to be a general summary of The O'Keeffe Museum Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The O'Keeffe Museum Foundation's impact is significant in supporting and advancing the mission of the Georgia O'Keeffe Museum. The foundation plays a crucial role in developing a new world-class museum facility and community green space, which aims to enhance the cultural landscape of Santa Fe, New Mexico. By spearheading the capital campaign for the proposed new museum building, totaling 54,000 square feet on a one-acre lot, the foundation is instrumental in realizing this ambitious vision.

In 2021, the museum announced its plans for a reimagined facility, and with the approval of the schematic design by the Board of Trustees, the project is progressing towards the groundbreaking scheduled for the fall of 2023. This expansion project signifies the foundation's commitment to preserving and showcasing the legacy of Georgia O'Keeffe, contributing to the arts and cultural enrichment of the community.

Through its dedicated efforts, the O'Keeffe Museum Foundation is creating a lasting impact by ensuring the sustainability and growth of the Georgia O'Keeffe Museum for generations to come.





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: $559,320
  • Program Service Revenue: $0
  • Gross Receipts: $28,068,355

    • Assets and Liabilities:
  • Total Assets: $65,397,533
  • Total Liabilities: $3,043,487
  • Net Assets: $62,354,046
  • Organization Details

    Founding Year

    2016

    Principal Officer

    Jane Bagwell

    Main Address

    217 JOHNSON STREET, SANTA FE, NM, 87501

    NTEE Category

    Code: A11 - Arts

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