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10
Nov

Executive Compensation at the Metropolitan Museum of Art

The Metropolitan Museum of Art (MMA) is the largest art museum in the US with two sites in New York City (the Met Fifith Avenue and the Met Cloisters).  Established in 1870, MMA is a tax-exempt, non-profit 501 (c) (3) based in New York City with 46 trustees (44 of whom are independent), although 48 are listed on the Form 990 (2018 for the year ending June 30, 2019) due to timing differences.  34 of the 48 (71%) listed are male while 14 (29%) are female.

For the year ending June 30, 2019, MMA reported the following information: Read more »

8
Nov

The Tortoise and The Hare

I’m not sure how the rest of the American public is feeling right now, but I’m guessing half the population is relieved while the other half is disappointed. This election has been going on for nearly 2 years, and besides being incredibly redundant and boring, the whole process has been a waste of time, resources, and money (Do we really need 2 years to elect a president?). Stupid me thought that come November 3rd, the process would end but it wasn’t until yesterday, November 7th that a winner – Joe Biden – was finally announced.   Read more »

6
Nov

Where Does $100 to the Metropolitan Museum of Art Go?

The Metropolitan Museum of Art (MMA) is the largest art museum in the US with two sites in New York City (the Met Fifith Avenue and the Met Cloisters).  Established in 1870, MMA is a tax-exempt, non-profit 501 (c) (3) based in New York City with 46 trustees (44 of whom are independent), although 48 are listed on the Form 990 (2018 for the year ending June 30, 2019) due to timing differences.  34 of the 48 (71%) listed are male while 14 (29%) are female.

For the year ending June 30, 2019, MMA reported the following information: Read more »

4
Nov

How Revenue is Spent at the American Legion

The American Legion is a non-profit, tax-exempt 501 (c) (19) – a veteran’s organization permitted to conduct social and welfare activities for its members.  Established more than 100 years ago, at the end of WWI, the American Legion has about 1.8 million members. The organization is headquartered in Indianapolis, Indiana and is organized into 55 departments, one for each of the 50 states along with DC, Puerto Rico, Dance, Mexico, and the PHillipines.

There are two types of membership:  regular active and paid up for life.  Regular Active membership dues vary (but are about $40 annually) because each post determines their own dues rate. However, if a veteran joins through the Legion headquarters, a special introductory rate is provided and the new member is assigned to the post in which state he/she resides.  Paid up for Life membership is about $1,400. Read more »

2
Nov

Executive Compensation at The Jackson Laboratory

Unless you’re in medical research or read the New Yorker, you may not have heard of The Jackson Laboratory (JAX) – an independent, non-profit 501 (c) (3) biomedical research institute with three main research centers (Bar Harbor, Maine; Sacramento, California, and Farmington, Connecticut) that have more than 60 laboratories performing research in six (6) areas: cancer, reproductive biology, immunology, metabolic, neurobiology, and neurobehavioral disorders.  In addition, JAX has an affiliated research lab organization in Shanghai. Read more »