NonprofitsMuseum Of Fine Arts

Arts, Culture & Humanities

Museum Of Fine Arts

BOSTON, MA

Total revenue

$157.7M

Total expenses

$129.9M

Net assets

$1.3B

Grants received

$83.5M

798 grants

EIN

042103607

Tax year

2023

Mission

The museum of fine arts houses and preserves preeminent collections and aspires to serve a wide variety of people through direct encounters with works of art in order to encourage inquiry and to heighten public understanding and appreciation of the visual world.

Programs

3 programs

Exhibitions: with a collection of nearly 500,000 objects, the museum owns some of the rare and important artistic treasures in the world. Such a collection enables the museum to present many special exhibitions with a balance between scholarly programs and those with broad public appeal. During fiscal year 2024, the museum presented 28 exhibitions. Some highlights include: matthew wong: the realm of appearances; tiny treasures: the magic of miniatures; tender loving care: contemporary art from the collection; the banner project: sheida soleimani; strong women in renaissance italy; toshiko takaezu: shaping abstraction; fashioned by sargent; digital iridescence: jell-o in new media; marking resilience: indigenous north american prints; creative spaces: the photographer's studio as inspiration; mondrian: foundations; fy24 smfa at tufts traveling fellow: dinora justice: the lay of the land; thinking small [cna: yale university art gallery 2023]; rot: comrade sisters: women of the black panther party; hallyu! The korean wave; dress up; songs for modern japan: popular music and graphic design, 1900-1950; ancestors and place: indigenous north american prints; four womxn: new musings on blackness; fy24 community arts initiative: our family portrait; barbara bosworth: the meadow; hyman bloom: landscapes of the mind; edwin holgate as printmaker; lbm: ansel adams in our time at san francisco, ca; nubia: treasures of ancient sudan at atlanta, ga; tattoos at jacksonville, fl; dutch art in a global age at atlanta, ga & fort worth, tx; hokusai: inspiration and influence at kansas city, mo.

Expenses: $16.5M

Enterprise: the museum's retail operations offers a wide variety of merchandise related to the museum's collections and special exhibitions, which contribute importantly to the achievement of the museum's exempt educational purpose by making works of art familiar to a broader segment of the public. Offerings at shop include art books, posters, cards, glass, textiles, jewelry and sculpture. Merchandise is for sale in the physical shops or through retail's web-based outlet.the museum is exempt as an educational organization on the basis of its ownership, maintenance, and exhibition for public viewing of works of art. The sales of such items contributes importantly to the achievement of the museum's exempt educational purposes by stimulating and enhancing public awareness, interest, and appreciation of art. Moreover, a broader segment of the public may be encouraged to visit the museum itself to share in its educational functions and programs as a result of seeing the items sold.

Expenses: $2.3M

Operating support: expenses: $25,450,558 revenue: $0operating support consists of all other areas of the museum. Including protective services, facilities and other areas which support the operations of the museum and its mission.parking facilities: expenses: $1,202,319 revenue: $4,897,685the museum owns a parking garage and has two open-air parking lots. All of these facilities are open to members and visitors to the museum. The operation of adjacent parking lots by the museum, in areas of insufficient parking spaces for the use of its visitors, contributes importantly to the museum's exempt purpose by encouraging visitation and longer periods viewing of its collections, and special exhibitions. Any profits from the fee charged for the use of the lot is placed in the general operating fund.food services: expenses: $496,919 revenue: $1,760,282the museum is organized and operated as an art museum. The eating facilities are open to the museum staff, employees, and members of the public visiting the museum and are of a size commensurate with accommodation of these special groups of patrons. Membership & visitors: expenses: $4,124,792 revenue: $10,634,005over 971,000 visitors attended the museum during fiscal year 2024. During the fiscal year 2024, there were more than five community days during which admission charges were waived. The museum has over 56,000 active member households. There are 8 levels of annual membership with fees ranging from $90 to $300. Each category offers a wide variety of privileges, such as free admission, publications, reciprocal member benefits at other major art museums around the u.s. And special events.other misc. Program services: expenses: $12,121,447 revenue: $3,369,537

Expenses: $43.4M

Financials

FY 2023

Revenue

Contributions & grants$76.3M
Program service revenue$18.2M
Investment income$49.4M
Other revenue$13.8M
Total revenue$157.7M

Expenses

Grants paid
Salaries & benefits$49.5M
Fundraising$7.1M
Other expenses$80.3M
Total expenses$129.9M
Total assets$1.5B
Net assets$1.3B

People

50 listed

NameRoleCompensation

MATTHEW TEITELBAUM

ANN & GRAHAM GUND DIRECTOR

Board

$1.0M

40 hrs/wk

ERIC WOODS

CHIEF OPERATING OFFICER

Board

$447K

40 hrs/wk

CAMERAN MASON

CHIEF EXTERNAL RELATIONS

Board

$445K

40 hrs/wk

CATHERINE VANDENABEELE

CHIEF FINANCIAL OFFICER

Board

$382K

40 hrs/wk

CHRISTINA YU YU

CHIEF OF CURATORIAL AND CO

Board

$263K

40 hrs/wk

EMILY BLUMENTHAL

CHIEF OF STAFF

Board

$224K

40 hrs/wk

CHRISTOPHER FOX

DIR. OF TREASURY MANAGEMEN

Board

$211K

40 hrs/wk

DALIA LINSSEN

SENIOR DIRECTOR, ACADEMIC ENGAGEMENT AND RESEARCH

Board

$138K

40 hrs/wk

ROBERT WORSTELL

INTERIM CHIEF OF LEARNING

Board

$97K

40 hrs/wk

PIERRE TERJANIAN

CHIEF OF CURATORIAL AFFAIRS AND CONSERVATION

Board

$49K

40 hrs/wk

MARIEL NOVAS

CHIEF OF LEARNING AND COMM

Board

$17K

40 hrs/wk

THOMAS AJ FRANK

ELECTED TRUSTEE

Board

1 hrs/wk

ABIGAIL ROSS GOODMAN

ELECTED TRUSTEE

Board

1 hrs/wk

EDWARD E GREENE

ELECTED TRUSTEE

Board

1 hrs/wk

JENNIFER HERMAN

ELECTED TRUSTEE

Board

1 hrs/wk

BARBARA HOSTETTER

ELECTED TRUSTEE

Board

1 hrs/wk

DAVID HOWSE

ELECTED TRUSTEE

Board

1 hrs/wk

CLARISSA C HUNNEWELL

ELECTED TRUSTEE

Board

1 hrs/wk

ELIZABETH L JOHNSON

ELECTED TRUSTEE

Board

1 hrs/wk

PATRICIA KRAFT

ELECTED TRUSTEE

Board

1 hrs/wk

LIZBETH KRUPP

ELECTED TRUSTEE

Board

1 hrs/wk

YUCHUN LEE

ELECTED TRUSTEE

Board

1 hrs/wk

CARL J MARTIGNETTI

ELECTED TRUSTEE

Board

1 hrs/wk

LINDA A MASON

ELECTED TRUSTEE

Board

1 hrs/wk

ROBERT NAGLE

ELECTED TRUSTEE

Board

1 hrs/wk

AMY POORVU

ELECTED TRUSTEE

Board

1 hrs/wk

ANTONIO PORRES

ELECTED TRUSTEE

Board

1 hrs/wk

TOM SEEMAN

ELECTED TRUSTEE

Board

1 hrs/wk

THERESA STONE

ELECTED TRUSTEE

Board

1 hrs/wk

ROBERTA WEINER

ELECTED TRUSTEE

Board

1 hrs/wk

XIAOHUA ZHANG

ELECTED TRUSTEE

Board

1 hrs/wk

CAROLYN OSTEEN

APPOINTED TRUSTEE - BOSTON ATHENAEUM

Board

1 hrs/wk

PRISCILLA H DOUGLAS

APPOINTED TRUSTEE - BOSTON PUBLIC LIBRARY

Board

1 hrs/wk

MARY SKIPPER

APPOINTED TRUSTEE - BOSTON PUBLIC SCHOOLS

Board

1 hrs/wk

KATHERINE N LAPP

APPOINTED TRUSTEE - HARVARD UNIVERSITY

Board

1 hrs/wk

MICHELLE WU

APPOINTED TRUSTEE - MAYOR OF BOSTON

Board

1 hrs/wk

MELISSA NOBLES

APPOINTED TRUSTEE - MIT

Board

1 hrs/wk

JAMES M GLASER

APPOINTED TRUSTEE - TUFTS UNIVERSITY

Board

1 hrs/wk

CATHY E MINEHAN

ELECTED TRUSTEE - CHAIR

Board

1 hrs/wk

MARC S PLONSKIER

PRESIDENT

Board

1 hrs/wk

EMI M WINTERER

PRESIDENT-ELECT

Board

1 hrs/wk

AZI DJAZANI

ELECTED TRUSTEE - CHAIR

Board

1 hrs/wk

MICHELE COURTON BROWN

ELECTED TRUSTEE - CHAIR-ELECT

Board

1 hrs/wk

SUSAN B WEATHERBIE

TREASURER

Board

1 hrs/wk

PAUL G ALEXANDER

ELECTED TRUSTEE

Board

1 hrs/wk

JANE O'REILLY-CORCORAN

DIR. OF HUMAN RESOURCES

Staff

$227K

40 hrs/wk

ELLEN J REYNOLDS

DIRECTOR OF DEVELOPMENT

Staff

$219K

40 hrs/wk

EDWARD SAYWELL

CHAIR, PRINTS AND DRAWINGS

Staff

$219K

40 hrs/wk

DEBRA LAKIND

SR DIR, IP & BUSINESS DEVE

Staff

$214K

40 hrs/wk

JONATHAN FREDERICK

SENIOR DIRECTOR, INFORMATION SYSTEMS & TECHNOLOGY

Staff

$204K

40 hrs/wk

Independent contractors

SHAWMUT WOODWORKING

CONSTRUCTION

$4.8M

US ART COMPANY

ART SHIPPING AND STORAGE

$2.3M

TARIANRSIG SECURITY LLC

SECURITY

$2.0M

C&W FACILITY SERVICES INC

CLEANING SERVICES

$1.1M

CAMBRIDGE ASSOCIATES LLC

INVESTMENT MANAGEMENT

$1.1M

Grants received

Showing 200 of 798

FromAmountPurposeYear
$154K
General Support
2024
$66K
GENERAL SUPPORT
2024
$53K
ARTS AND CULTURE
2024
$50K
GENERAL SUPPORT
2024
$50K
GENERAL PURPOSE
2024
$50K
GENERAL SUPPORT
2024
$50K
GENERAL SUPPORT
2024
$48K
General Purpose
2024
$45K
General support
2024
$40K
General Charitable Purpose
2024
$36K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2024
$30K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$30K
OBJECTS CONSERVATION
2024
$30K
MUSEUM OPERATING FUNDS
2024
$30K
EXEMPT PURPOSE
2024
$20K
TO ASSIST THE ORGANIZATION IN ITS CHARITABLE PURPOSE.
2024
$18K
GENERAL PURPOSE
2024
$15K
PROVIDES FUNDS TO ACCOMPLISH ITS CHARITABLE PURPOSE
2024
$15K
PERFORMING ARTS
2024
$12K
OPERATIONS
2024
$10K
FOR THE ORGANIZATION'S GENERAL CHARITABLE PURPOSES
2024
$10K
CHARITABLE CONTRIBUTION
2024
$6K
UNRESTRICTED GENERAL SUPPORT
2024
$6K
OPERATIONS
2024
$6K
TO FUND CHARITABLE MISSION OF CHARITABLE ORGANIZATION.
2024
$6K
Public Community Good (Unrestricted)
2024
$6K
PROGRAM SUPPORT
2024
$6K
PROGRAM SUPPORT
2024
$5K
CHARITABLE
2024
$5K
GENERAL OPERATING
2024
$5K
Corporate Partnership Program - First Eagle Investments
2024
$5K
GENERAL FUND
2024
$5K
SUPPORT OF THE ARTS
2024
$4K
GENERAL OPERATION
2024
$3K
Operations budget assistance
2024
$3K
OPERATING EXPENSES; PATRONS PROGRAM
2024
$3K
Support of Organization
2024
$3K
GENERAL PURPOSES
2024
$3K
OPERATING SUPPORT
2024
$3K
SUPPORT FOR THE PROGRAMS
2024
$2K
ARTS & CULTURE
2024
$2K
SUPPORT ORGANIZATION'S EXEMPT PURPOSE
2024
$2K
CHARITABLE
2024
$2K
GENERAL
2024
$2K
GENERAL PURPOSE
2024
$1K
International Relief
2024
$300
GENERAL SUPPORT
2024
$300
PERSERVING AND SHOWING ART AS WELL AS TO EDUCATE
2024
$299
CHARITABLE ORGANIZATION
2024
$280
MATCHING GIFTS
2024
$250
GENERAL SUPPORT
2024
$190
Donation
2024
$140
MUSEUM SUPPORT
2024
$140
MATCHING GIFTS
2024
$90
MATCHING GIFTS
2024
$6.7M
For grant recipient's exempt purposes
2023
$500K
IN SUPPORT OF THE CENTER FOR CONSERVATION COMPLETION
2023
$438K
CULTURE & ARTS
2023
$375K
Operating Support/Annual Fund
2023
$292K
ARTS AND CULTURE
2023
$190K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$145K
ARTS, CULTURE & HUMANITIES
2023
$100K
Unrestricted
2023
$85K
GENERAL & UNRESTRICTED
2023
$68K
GENERAL SUPPORT
2023
$53K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$53K
UNRESTRICTED
2023
$50K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$50K
GENERAL SUPPORT
2023
$50K
STIPENDS/FELLOWSHIPS
2023
$47K
TO PRESERVE PREEMINENT COLLECTIONS AND PROMOTE THE WORK OF THE ORGANIZATION
2023
$40K
For an unrestricted grant to MFA's Art of Asia Department
2023
$40K
COMMUNITY/CULTURAL
2023
$40K
GENERAL CHARITABLE PURPOSES
2023
$35K
EGYPTIAN DEPARTMENT CURATORS FUND
2023
$33K
General Purpose
2023
$30K
MUSEUM OPERATING FUNDS
2023
$30K
GENERAL SUPPORT
2023
$30K
General Support
2023
$30K
GENERAL OPERATING SUPPORT
2023
$25K
SPONSORSHIP
2023
$20K
CULTURAL/EDUCATIONAL
2023
$20K
OBJECTS CONSERVATION
2023
$20K
GENERAL CONTRIBUTION
2023
$19K
TO CARRY OUT PHILANTHROPIC PURPOSE
2023
$18K
GENERAL PURPOSE
2023
$17K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2023
$15K
PERFORMING ARTS
2023
$13K
FOR PROGRAM SUPPORT.
2023
$12K
OPERATIONS
2023
$10K
GENERAL SUPPORT
2023
$10K
General Support
2023
$10K
GENERAL SUPPORT
2023
$10K
CAPITAL CAMPAIGN TO SUPPORT THE ARTS
2023
$10K
CHARITABLE CONTRIBUTION
2023
$10K
ART MUSEUM
2023
$9K
CASH DONATION TO THE PATRON PROGRAM
2023
$8K
GENERAL
2023
$8K
Support of Organization
2023
$7K
FOR ARTS AND CULTURE.
2023
$6K
GENERAL CHARITABLE
2023
$6K
PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION
2023
$6K
TO FUND CHARITABLE MISSION OF CHARITABLE ORGANIZATION.
2023
$5K
GENERAL OPERATIONS
2023
$5K
CIVIC, CULTURAL & OTHER
2023
$5K
General & Unrestricted
2023
$5K
CHARITABLE GIFT
2023
$5K
GENERAL OPERATING
2023
$5K
OPERATIONAL SUPPORT
2023
$5K
GENERAL OPERATING EXPENSES
2023
$5K
General
2023
$4K
PROVIDES FUNDS TO ACCOMPLISH ITS CHARITABLE PURPOSE
2023
$4K
GENERAL SUPPORT
2023
$3K
GENERAL SUPPORT
2023
$3K
Matching gifts for general operating support
2023
$3K
Operations budget assistance
2023
$3K
CHARITABLE
2023
$3K
UNRESTRICTED GIFT
2023
$3K
SUPPORT FINE ARTS
2023
$3K
FOR ORGANIZATION'S EXEMPT PURPOSES
2023
$3K
GENERAL PURPOSES
2023
$3K
GENERAL OPERATING SUPPORT
2023
$2K
ARTS & CULTURE
2023
$2K
GENERAL
2023
$2K
SUPPORT ORGANIZATION'S EXEMPT PURPOSE
2023
$2K
GENERAL PURPOSES
2023
$2K
for the Swan Society
2023
$1K
International Relief
2023
$1K
EDUCATING THROUGH WORKS OF ART
2023
$1K
GENERAL PURPOSES
2023
$1K
GENERAL PURPOSE
2023
$1K
GENERAL PURPOSES
2023
$600
PROGRAM/OPERATING SUPPORT
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$500
ARTS/RECREATION
2023
$500
CHARITABLE PURPOSE
2023
$500
General & Unrestricted
2023
$500
SUPPORT FOR THE PROGRAMS
2023
$500
CHARITABLECONTRIBUTION
2023
$440
PROGRAM/OPERATING SUPPORT
2023
$300
GENERAL SUPPORT
2023
$300
GENERAL SUPPORT OF THE MUSEUM
2023
$300
GENERAL SUPPORT OF THE MUSEUM
2023
$300
General & Unrestricted
2023
$300
CHARITABLE OPERATIONS
2023
$300
GENERAL OPERATING BUDGET
2023
$279
CHARITABLE ORGANIZATION
2023
$250
GENERAL SUPPORT
2023
$250
CHARITY'S EXEMPT PURPOSE
2023
$250
EXHIBITIONS RESEARCH AND CONSERVATION
2023
$235
CONTRIBUTIONS ARE GIVEN TO CHARITABLE ORGANIZATIONS TO ALLOW THEM TO PURSUE THEIR CHARITABLE PURPOSE.
2023
$200
Donation
2023
$190
OPERATING SUPPORT
2023
$175
GENERAL PURPOSE
2023

Funded by

$83.5M from 305 funders · 798 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$41.2M · 8 grants · 2017–2023

Kinder Foundation

$14.0M · 10 grants · 2020

Boston Foundation Inc

$4.3M · 13 grants · 2017–2023

Lilly Endowment Inc

$2.5M · 1 grant · 2020

The Ruettgers Family Charit Foundation

$1.3M · 4 grants · 2017–2021

Donor Advised Charitable Giving Inc

$1.3M · 7 grants · 2017–2023

The Stanford & Joan Alexander Foundation

$1.2M · 2 grants · 2022–2023

Details

EIN042103607
NTEE codeA510
Subsection03
Ruling date1965-01
Formed1870
Employees823
Volunteers350
MUSEUM OF FINE ARTS — Mission, Financials & Grants Received | Grantivo