NonprofitsCleveland Museum Of Art 2 General Endowment Fund Trust

Arts, Culture & Humanities

Cleveland Museum Of Art 2 General Endowment Fund Trust

BROOKLYN, OH

Total revenue

$735K

Total expenses

$221K

Net assets

$3.7M

Grants received

EIN

346500656

Tax year

2024

Mission

Grants are made according to the trust agreement datedoctober 19, 1923 to the cleveland museum of art. The trusteesare directed to pay the net income of the trust quarterly to aidthe cleveland museum of art in defraying its operating expenseand for the purchase of works of art for the museum. Under theohio institutional trust funds act of 1999, the beneficiary has chosento receive the maximum of income based on the greater of 5% of afvor traditional income. Keybank maintains a responsiveness to the needs and activities of the beneficiary organization in the attainmentof its mission.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$735K
Other revenue
Total revenue$735K

Expenses

Grants paid$213K
Salaries & benefits$6K
Fundraising
Other expenses$2K
Total expenses$221K
Total assets$3.7M
Net assets$3.7M

People

1 listed

NameRoleCompensation

KEYBANK NA

TRUSTEE

Board

$6K

1 hrs/wk

Details

EIN346500656
NTEE codeA115
Subsection03
Ruling date1971-08
Formed1923
Employees0
CLEVELAND MUSEUM OF ART 2 GENERAL ENDOWMENT FUND TRUST — Mission, Financials & Grants Received | Grantivo