Summary: New York City Trust For Cultural Resources   American Museum Of Natural History; Non-Profit Organizations - S&P Credit Research

Summary: New York City Trust For Cultural Resources American Museum Of Natural History; Non-Profit Organizations

1182 words — Published Feb 08, 2008
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Abstract:

Standard&Poor's Ratings Services raised its underlying rating (SPUR) on New York City Trust for Cultural Resources, N.Y.'s bonds, issued for the American Museum of Natural History (AMNH), to 'AA' from 'AA-', reflecting the museum's improved financial performance, growing endowment, lower endowment spending policy, successful fundraising, and good attendance trends. The outlook is stable. The 'AA' rating also reflects the museum's: Position as one of the world's preeminent natural history museums; Strong board and administrative leadership; Sizable endowment of nearly $575 million at fiscal year ended 2007; Demonstrated success in fundraising, with the completion of a $500 million campaign in 2000 and a current campaign of $850 million, which has raised over $700 million; Paid visitor attendance of more

  
Brief Excerpt:

RESEARCH Ratings Definitions Summary: New York City Trust For Cultural Resources American Museum Of Natural History; Non-Profit Organizations Publication date: 08-Feb-2008 Primary Credit Analyst: Joshua Stern, New York (1) 212-438-1718;...

  
Report Type:

Summary

Issuer
American Museum of Natl History
Sector
Global Issuers, Public Finance
Country
Region
Format:
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MLA:
S&P Credit Research. "Summary: New York City Trust For Cultural Resources American Museum Of Natural History; Non-Profit Organizations" Feb 08, 2008. Alacra Store. Aug 02, 2014. <http://www.alacrastore.com/s-and-p-credit-research/Summary-New-York-City-Trust-For-Cultural-Resources-American-Museum-Of-Natural-History-Non-Profit-Organizations-633382>
  
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S&P Credit Research. (). Summary: New York City Trust For Cultural Resources American Museum Of Natural History; Non-Profit Organizations Feb 08, 2008. New York, NY: Alacra Store. Retrieved Aug 02, 2014 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-New-York-City-Trust-For-Cultural-Resources-American-Museum-Of-Natural-History-Non-Profit-Organizations-633382>
  
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