International Museum of Cultures
Nonprofit profile at a glance
- EIN
- 751633965
- IRS 990 coverage
- 2013–2014
- Forms available
- Form 990 2014
- Location
- Duncanville, TX, USA
- Phone
- 9725720462
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Museum, Museum Activities
Reported finances
- Revenue
- $157,375
- Expenses
- $51,488
- Assets
- $2,401,115
- Liabilities
- $654,523
Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Mary Fae Kamm (Executive Director)
People named in this filing
- Raul Trevino (Chair)
- Florentino Ramirez (Past Chair)
- Julie Johnson (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission at the IMC is to provide opportunities for enhancing the understanding, involvement and appreciation of contemporary world cultures within our local and international communities. We aim to accomplish this mission through interactive programs, educational seminars and numerous exhibits that celebrate the colorful cultures of contemporary peoples from around the world.
What it reported doing in 2014
We sell artifacts to visitors and the general public
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 15
- Transparency & Controls: 86
- Accountability: 82
- Sustainability: 86
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 9.5%; rating input score 10
- Program expense ratio: 28.7%; rating input score 29
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 67.3%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 46.63; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0.27; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 73; 73rd percentile among comparable filings
Growth
- Program expense growth: -12.8% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: 2.6% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 9.5% of revenue deployed · 28.7% of spending went to programs
- Governance: 11 of 11 board members independent · 4 of 7 filing controls reported
- Programs: 7 filed program accomplishments · $15K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 2 filing years from 2013 to 2014
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 10/100.
- High — Financial Efficiency: Program expense ratio scored 29/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Transparency & Controls: Schedule G event receipts did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.