National Museum of Women in the Arts Receives Charity Navigator 4-Star Rating
Jul 08 2013
WASHINGTON—The National Museum of Women in the Arts’ (NMWA) sound fiscal management practices and commitment to accountability and transparency have earned it a 4-star rating, the highest available, from Charity Navigator, America’s largest independent charity evaluator.
Charity Navigator evaluates the financial health of America’s largest non-profit organizations in order to promote responsible charitable giving. Receiving four out of a possible four stars indicates that an organization adheres to good governance and consistently executes its mission in a fiscally responsible way. The ratings are based on the organizational efficiency and the organizational capacity of the charity. Organizational efficiency refers to the day-to-day functions of the charity, such as effective spending and fundraising, while organizational capacity refers to the charity’s potential for growth and continued success.
“In the current economic environment, it’s important our donors trust that we’re using our funds wisely,” said NMWA Director Susan Fisher Sterling. “Our 4-star Charity Navigator rating demonstrates that we take our financial responsibilities as well as our mission to bring recognition to the achievements of women artists seriously.”