Rock And Roll Hall Of Fame And Museum Inc

Organization Overview

Rock And Roll Hall Of Fame And Museum Inc is located in Cleveland, OH. The organization was established in 1987. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Rock And Roll Hall Of Fame And Museum Inc employed 211 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rock And Roll Hall Of Fame And Museum Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Rock And Roll Hall Of Fame And Museum Inc generated $52.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $33.4m during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE MUSEUM IS TO ENGAGE, TEACH, AND INSPIRE THROUGH THE POWER OF ROCK AND ROLL. SEE SCHEDULE O FOR FURTHER DETAILS.

Describe the Organization's Program Activity:

SEE SCHEDULE OMUSEUM OPERATIONS: THE ROCK AND ROLL HALL OF FAME HAS ESTABLISHED ITSELF AS THE PRE-EMINENT HOME FOR THE CELEBRATION AND STUDY OF ROCK AND ROLL. IT IS A WORLD-CLASS MUSEUM AND LIBRARY AND ARCHIVES THAT EDUCATES ITS VISITORS ABOUT THE HISTORY OF ROCK AND ROLL, FROM ITS ROOTS TO THE PRESENT, AND ABOUT ROCK AND ROLL'S IMPACT ON OUR CULTURE AND SOCIETY. IT ACCOMPLISHES ALL OF THIS WITH SEVEN FLOORS OF EXHIBITS FEATURING THOUSANDS OF HISTORIC ARTIFACTS, AS WELL AS NUMEROUS FILMS AND INTERACTIVE EXHIBITS. IN ADDITION TO THE PERMANENT EXHIBITS, THE ROCK HALL CURATES SEVERAL NEW TEMPORARY EXHIBITS EACH YEAR WHICH FOCUS ON INDIVIDUAL ARTISTS, VARIOUS GENRES OF MUSIC OR IMPORTANT ANNIVERSARIES OF HISTORIC EVENTS. IN 2021, THE TEMPORARY EXHIBITS FEATURED TOM PETTY WILDFLOWERS, ICONIC: BARON WOLMAN IMAGES OF AN ERA, JANIS JOPLIN: 50TH ANNIVERSARY OF PEARL, IT'S BEEN SAID ALL ALONG: VOICES OF RAGE, HOPE AND EMPOWERMENT, INDUCTION ALL ACCESS: PHOTOGRAPHY BY KEVIN MAZUR, 2021 NEW INDUCTEES, AND IN MEMORIAM. THE ROCK HALL ALSO CURATES AN INVENTORY OF TRAVELING EXHIBITS THAT ARE FEATURED AT OTHER MUSEUMS AND VISITOR ATTRACTIONS. FURTHER, THE LIBRARY AND ARCHIVES, FOR WHICH THE ROCK HALL HAS BEEN COLLECTING ARTIFACTS SINCE IT OPENED IN 1995, HELPS THE ROCK HALL FULFILL ITS MISSION BY MAKING ONE-OF-A-KIND AUDIO AND VIDEO RECORDINGS, PROMOTIONAL MATERIALS, PERSONAL PAPERS AND BUSINESS RECORDS OF POPULAR MUSIC'S MOST INFLUENTIAL FIGURES ACCESSIBLE TO THE PUBLIC FOR THE FIRST TIME. THE LIBRARY AND ARCHIVES ALSO ENHANCES THE MUSEUM'S EDUCATION PROGRAMS AT THE UNIVERSITY LEVEL.


SEE SCHEDULE O2021 ROCK AND ROLL HALL OF FAME INDUCTION CEREMONY: HISTORICALLY HELD TRI-ANNUALLY IN CLEVELAND, THE 2021 INDUCTION CEREMONY WAS HOSTED BY THE ROCK AND ROLL HALL OF FAME AT ROCKET MORTGAGE FIELDHOUSE IN CLEVELAND, OHIO. THE 2021 CEREMONY HONORED TINA TURNER, FOO FIGHTERS, JAY-Z, CHARLEY PATTON, CLARENCE AVANT, TODD RUNDGREN, BILLY PRESTON, RANDY RHODES, GIL SCOTT-HERON, THE GO-GOS, CAROLE KING, LL COOL J, AND KRAFTWERK. THE ROCK HALL ALSO HOSTED A WEEK OF EVENTS LEADING UP TO CEREMONY INCLUDING FILM SCREENINGS, EXHIBITS, AND A COMMUNITY CELEBRATION. ALL EVENTS WERE OPEN TO THE PUBLIC AND THE COMMUNITY CELEBRATION OFFERED FREE ADMISSIONS TO ALL VISITORS. IN ORDER TO BE NOMINATED FOR INDUCTION INTO THE ROCK AND ROLL HALL OF FAME, AN ACT MUST HAVE RELEASED ITS FIRST SINGLE OR ALBUM AT LEAST 25 YEARS PRIOR TO THE YEAR OF NOMINATION.


SEE SCHEDULE OBIGGEST SHOW ON TURF: 55 YEARS OF HALFTIME SHOWS: THE SUPER BOWL IS THE MOST VIEWED TELEVISION EVENT OF THE ENTIRE YEAR, AND MORE PEOPLE WATCH THE HALFTIME SHOW THAN THE GAME. WITH A WORLDWIDE AUDIENCE THAT EXCEEDS 100 MILLION, THE SUPER BOWL HALFTIME SHOW REMAINS ONE OF THE RARE EVENTS THAT PEOPLE STILL ENJOY TOGETHER IN REAL TIME, AND THE POWER OF THIS SHARED EXPERIENCE CANNOT BE OVERSTATED. THIS EXHIBIT EXPLORES THE CULTURAL PHENOMENON THAT IS THE SUPER HALFTIME SHOW, HIGHLIGHTING ITS EVOLUTION OVER TIME AND THE ICONIC PERFORMANCES THAT MAKE IT ONE OF THE FEW REMAINING MASSIVE LARGE-SCALE EXPERIENCES EVERY YEAR.


OTHER EDUCATIONAL PROGRAMS, COMMUNITY PARTNERSHIPS, AND EXHIBITIONS, AS DESCRIBED ON SCHEDULE O.


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Board, Officers & Key Employees

Name (title)Compensation
Greg Harris
President & CEO
$441,034
Tim Offtermatt
Vp-Finance
$218,887
Dawn Wayt
Vp-Sales & Marketing
$203,079
Liz Peschges
Vp-Culture & Strategy
$195,945
Jason Hanley
Vp-Education
$179,691
Nwaka Onwusa
Vp-Curatorial Affairs
$175,459

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Spotlight Medical Llc
Covid Testing Services
$436,081
Rsm Us Llp
Audit&software Consulting
$207,043
Greenday Systems Llc
Order Fulfill.&storage
$233,947
Product Management Consultants
Construction Project Mgmt.
$150,569
Bluebridge Networks
Network Security&dig.storage
$174,604
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,113,726
Fundraising events$2,094,761
Related organizations$1,140,150
Government grants $14,731,317
All other contributions, gifts, grants, and similar amounts not included above$13,448,899
Noncash contributions included in lines 1a–1f $610,596
Total Revenue from Contributions, Gifts, Grants & Similar$32,528,853
Total Program Service Revenue$12,221,652
Investment income $1,066,153
Tax Exempt Bond Proceeds $0
Royalties $67,266
Net Rental Income $740,776
Net Gain/Loss on Asset Sales $1,842,259
Net Income from Fundraising Events $199,785
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $3,521,171
Miscellaneous Revenue$0
Total Revenue $52,609,977

Grants Recieved

Over the last fiscal year, we have identified 30 grants that Rock And Roll Hall Of Fame And Museum Inc has recieved totaling $4,418,609.

Awarding OrganizationAmount
George Gund Foundation

Cleveland, OH

PURPOSE: ROCK HALL EXPANSION.

$2,000,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ARTS, CULTURE & HUMANITIES

$548,240
The Char And Chuck Fowler Family Foundation

Mayfield Heights, OH

PURPOSE: CAPITAL EXPANSION

$350,000
Kulas Foundation

Cleveland, OH

PURPOSE: PROGRAMMATIC SUPPORT

$310,000
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: ARTS AND CULTURE

$285,000
Cleveland Foundation

Cleveland, OH

PURPOSE: GENERAL PURPOSE

$271,580
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,376,130
Earnings$1,420,495
Net Contributions$66,978
Ending Balance$13,863,603

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