Nasher Sculpture Center

Organization Overview

Nasher Sculpture Center is located in Dallas, TX. The organization was established in 2003. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Nasher Sculpture Center employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nasher Sculpture Center 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 09/2021, Nasher Sculpture Center generated $11.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $10.2m during the year ending 09/2021. While expenses have increased by 1.2% per year over the past 6 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

TO OPERATE A MUSEUM FEATURING MODERN ART

Describe the Organization's Program Activity:

THE NASHER SCULPTURE CENTER (CENTER) OPERATES A MUSEUM TO DISPLAY MODERN ART AND FROM TIME TO TIME FEATURES EXHIBITS OF WORKS BORROWED FROM OTHER MUSEUMS. THE CENTER HAD 44063 VISITORS IN THE CURRENT FISCAL YEAR.


THE CENTER CONDUCTS EDUCATIONAL PROGRAMS FOR MEMBERS AND VISITORS ABOUT MODERN ART THROUGH FREE FIRST SATURDAY, STUDENT TOURS, TEACHER WORKSHOPS, MUSEUM FORUM FOR TEACHERS, SUMMER INSTITUTE FOR TEENS, HOMESCHOOL WORKSHOPS, MUSEUM 101, AND STUDIO 360. DURING THE TAX YEAR 2020-2021, THERE WERE 7083 PARTICIPANTS IN THESE PROGRAMS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Xavier Hufkens
Sculpture Purchase
$236,564
Displays Unlimited Inc
Art Handling/storage
$313,421
Reliant Energy
Utilities
$189,285
Ahi Facility Services Inc
Janitorial
$201,705
Allied Universal Security
Security
$574,530
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$102,534
Fundraising events$293,538
Related organizations$5,020,000
Government grants $1,346,014
All other contributions, gifts, grants, and similar amounts not included above$2,730,234
Noncash contributions included in lines 1a–1f $190,629
Total Revenue from Contributions, Gifts, Grants & Similar$9,492,320
Total Program Service Revenue$1,130,222
Investment income $20,656
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $263,775
Net Gain/Loss on Asset Sales $86,661
Net Income from Fundraising Events $111,477
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $20,059
Miscellaneous Revenue$0
Total Revenue $11,192,016

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Nasher Sculpture Center has recieved totaling $25,000.

Awarding OrganizationAmount
Turningpoint Foundation

Dallas, TX

PURPOSE: GENERAL OPERATING SUPPORT

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,527,700
Earnings$238,267
Net Contributions$50,000
Ending Balance$1,815,967

Peer Organizations

Organization NameAssets
Dallas Museum Of Art
Dallas, TX
$26,890,508
Menil Foundation Inc
Houston, TX
$43,342,663
Amon Carter Museum Of Western Art
Fort Worth, TX
$15,302,046
New Orleans Museum Of Art
New Orleans, LA
$12,278,324
San Antonio Museum Of Art
San Antonio, TX
$14,610,399
Nasher Sculpture Center
Dallas, TX
$11,192,016
Mcnay Art Museum
San Antonio, TX
$12,922,550
Philbrook Museum Of Art Inc
Tulsa, OK
$10,854,241
Georgia Okeeffe Museum
Santa Fe, NM
$8,795,076
Nasher Foundation 101796
Forney, TX
$7,023,937
Contemporary Austin Museum Inc
Austin, TX
$7,689,663
Oklahoma City Museum Of Art
Oklahoma City, OK
$7,968,737

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