De Cordova And Dana Museum And Park
- Assets
- $16.4m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Lincoln, MA
- Founding
- 07/1949
- Data as of
- 03/2020
- EIN
- 04-2067315
Organization Overview
De Cordova And Dana Museum And Park, operating under the name Decordova Sculpture Park And Museum, is located in Lincoln, MA. The organization was established in 1949. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Decordova Sculpture Park And Museum 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 03/2020, Decordova Sculpture Park And Museum generated $4.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $4.1m during the year ending 03/2020. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE, EDUCATE, AND DELIGHT WITH CONTEMPORARY ART FROM NEW ENGLAND AND BEYOND THROUGH SCULPTURES IN THE LANDSCAPE AND MUSEUM EXHIBITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXIBITION OF ART: APPROXIMATELY 85,500 PEOPLE VISITED THE PARK AND THE MUSEUM DURING THE FISCAL YEAR, TO VIEW MULTIPLE EXHIBITIONS, INCLUDING TWO MAJOR EXHIBITIONS AND NUMEROUS INSTALLATIONS, EXHIBITS, AND ARTIST PROJECTS, THE DETAILS OF WHICH MAY BE VIEWED ON THE MUSEUM WEBSITE. DECORDOVA'S PERMANENT COLLECTION CURRENTLY CONTAINS 3,613 WORKS OF ART.
ART EDUCATION: DECORDOVA EDUCATIONAL PROGRAMS AND EVENTS WERE ACCESSED BY MORE THAN 10,000 OF OUR VISITORS, INCLUDING VISITING SCHOOL GROUPS, TEACHERS, GIRL SCOUTS, SENIOR GROUPS, ALZHEIMER'S MEMORY CARE RESIDENTS, AND GROUPS OF DEVELOPMENTALLY OR PHYSICALLY DISABLED STUDENTS AND ADULTS. THE INSTITUTION PROVIDED MORE THAN 450 PRIVATE AND PUBLIC TOURS LED BY TRAINED MUSEUM GUIDES, APPROXIMATELY 100 FREE PUBLIC PROGRAMS AND EVENTS, AND HOSTS AN EMBEDDED PRESCHOOL ON ITS CAMPUS THAT SERVES 60 CHILDREN FIVE DAYS PER WEEK, AMONG OTHER EDUCATIONAL INITIATIVES OFFERED TO A DIVERSE PUBLIC.
CORPORATE ART PROGRAM: THE CORPORATE ART PROGRAM EXHIBITS HUNDREDS OF WORKS FROM REGIONAL LENDING ARTISTS AT THE OFFICES OF APPROXIMATELY 75 CORPORATE MEMBERS WHO DIRECTLY SUPPORT THE MUSEUM, WITH MORE THAN 75,000 EMPLOYEES AND MEMBERS OF THE PUBLIC VIEWING TESE WORKS OF ART.
THE DECORDOVA STORE OFFERS MERCHANDISE DIRECTLY RELATED TO THE MISSION OF THE INSTITUTION, INCLUDING OBJECTS MADE BY ARTISTS, ART SUPPLIES, ART BOOKS, CREATIVE TOYS AND ACTIVITIES, AND GIFT ITEMS. THE STORE DIRECTLY SUPPORTS BOTH LOCAL ARTISTS AND THE INSTITUITION PROGRAMS AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Leech President & Treasurer | Officer | 10 | $0 |
Jocelyn Forbush Vice President (until 3/31/22) | Officer | 10 | $0 |
Beryl Jolly Clerk | Officer | 10 | $0 |
Kord H Jablonski Business Director (until 8/6/21) | Officer | 40 | $0 |
Brendan Coughlin Trustee | Trustee | 2 | $0 |
David D Croll Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,377,002 |
| Investment income | $530,356 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $55,093 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,795 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $231,330 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,288,131 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,713,467 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $307,416 |
| Payroll taxes | $111,714 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,913 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $47,398 |
| Advertising and promotion | $65,648 |
| Office expenses | $0 |
| Information technology | $41,543 |
| Royalties | $0 |
| Occupancy | $590,503 |
| Travel | $33,574 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,819 |
| Interest | $73,942 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $138,211 |
| Insurance | $43,803 |
| All other expenses | $0 |
| Total functional expenses | $4,078,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $688,894 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $60,596 |
| Accounts receivable, net | $10,206 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $236,708 |
| Prepaid expenses and deferred charges | $144,664 |
| Investments—publicly traded securities | $3,371,826 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,067,981 |
| Total assets | $16,380,697 |
| Accounts payable and accrued expenses | $53,369 |
| Grants payable | $0 |
| Deferred revenue | $202,133 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,763,364 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,018,866 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $14,361,831 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that De Cordova And Dana Museum And Park has recieved totaling $45,000.
| Awarding Organization | Amount |
|---|---|
Nathaniel Saltonstall Arts Fund New York, NY PURPOSE: SEE STATEMENT 6 | $25,000 |
Foundation For Metrowest Inc Natick, MA PURPOSE: GENERAL SUPPORT | $15,000 |
Thorne Cox Family Foundation Boston, MA PURPOSE: OPERATIONS BUDGET ASSISTANCE | $5,000 |
Endowment Analysis
| Beg. Balance | $13,798,251 |
| Earnings | $640,589 |
| Admin Expense | $109,322 |
| Net Contributions | $450,000 |
| Other Expense | $541,815 |
| Ending Balance | $14,237,703 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buffalo Fine Arts Academy Buffalo, NY | $293,134,468 | $30,844,940 |
New Museum Of Contemporary Art New York, NY | $107,362,095 | $41,908,538 |
Institute Of Contemporary Art Boston, MA | $121,321,339 | $26,427,567 |
Museum Of Arts And Design New York, NY | $100,702,289 | $12,680,439 |
Wadsworth Atheneum Museum Of Art Hartford, CT | $165,426,651 | $15,147,902 |
Neue Galerie New York New York, NY | $114,494,920 | $18,242 |
Worcester Art Museum Worcester, MA | $148,643,203 | $30,005,812 |
International Center Of Photography New York, NY | $72,245,409 | $16,287,723 |
Doris Duke Foundation For Islamic Art New York, NY | $38,632,422 | $9,089,054 |
Storm King Art Center New Windsor, NY | $80,583,864 | $14,230,209 |
Fellowship For The Performing Arts Inc New York, NY | $15,555,732 | $10,766,818 |
Ps1 Contemporary Art Center Inc Long Island City, NY | $7,393,924 | $9,638,266 |