Musical Instrument Museum

Organization Overview

Musical Instrument Museum is located in Phoenix, AZ. The organization was established in 2006. According to its NTEE Classification (A50) the organization is classified as: 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. Musical Instrument 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 12/2021, Musical Instrument Museum generated $47.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 32.5% each year . All expenses for the organization totaled $15.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Musical Instrument Museum has awarded 789 individual grants totaling $1,962,215. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MUSICAL INSTRUMENT MUSEUM (MIM) ENRICHES OUR WORLD BY COLLECTING, PRESERVING, AND MAKING ACCESSIBLE AN ASTONISHING VARIETY OF MUSICAL INSTRUMENTS AND PERFORMANCE VIDEOS FROM EVERY COUNTRY IN THE WORLD. MIM OFFERS GUESTS A WELCOMING AND FUN EXPERIENCE, INCOMPARABLE INTERACTIVE TECHNOLOGY, DYNAMIC PROGRAMMING, AND EXCEPTIONAL MUSICAL PERFORMANCES. MIM FOSTERS APPRECIATION OF THE WORLD'S DIVERSE CULTURES BY SHOWING HOW WE INNOVATE, ADAPT, AND LEARN FROM EACH OTHER TO CREATE MUSIC THE LANGUAGE OF THE SOUL.PRIMARY ACTIVITIES AND PROGRAMS:GALLERIES AND SPECIAL EXHIBITIONS: MORE THAN 300 DISPLAYS WITH STATE-OF-THE-ART AUDIO-VISUAL TECHNOLOGY IMMERSE GUESTS IN MUSIC FROM OVER 200 COUNTRIES AND TERRITORIES. TEMPORARY SPECIAL EXHIBITIONS DIVE DEEPER INTO MUSICAL TOPICS THROUGH ORIGINAL STORYTELLING. (CONTINUED ON FORM 990-PF, PART VIII-A, LINE 2)


EDUCATION PROGRAMS: PEOPLE OF ALL AGES LEARN THROUGH MUSIC AT MIM. EDUCATION OFFERINGS INCLUDE CHILDREN'S CLASSES THAT SERVED NEARLY 2,500 PARTICIPANTS IN 2021 AND A FIELD TRIP PROGRAM THAT TYPICALLY WELCOMES 70,000 PARTICIPANTS ANNUALLY. WE ALSO OFFER INNOVATIVE VIRTUAL PROGRAMS FOR STUDENTS AND SENIORS.MIM MUSIC THEATER: MIM OFFERS NEARLY 300 CONCERTS YEARLY IN AN INTIMATE, ACOUSTICALLY SUPERB ENVIRONMENT. PERFORMANCES ARE CURATED TO BRING THE GALLERIES TO LIFE, CONNECTING AUDIENCES TO DIVERSE LIVE PROGRAMMING FROM LOCAL, NATIONAL, AND INTERNATIONAL ARTISTS.PUBLIC PROGRAMS: WEEKEND SIGNATURE EVENTS BRING THE COMMUNITY TOGETHER TO CELEBRATE WORLD CULTURES, MUSICAL GENRES, AND ICONIC ARTISTS. MIM SAW AN AVERAGE EVENT PARTICIPATION OF AROUND 1,100 GUESTS OVER EACH TWO-DAY PROGRAM IN 2021.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Openworks
$297,996
Sennheiser Electronic Corporation
$455,820
Allied Universal Security Services
$114,544
Robert Genereux
$99,893
Prisma Graphic Corporation
$84,785
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $40,288,420
Interest on Savings $0
Dividends & Interest $1,237,079
Net Rental Income$0
Net Gain on Sale of Assets $1,724,023
Capital Gain Net Income $1,724,023
Net ST Capital Gain $700,227
Income Modifications $0
Profit on Inventory Sales $476,194
Other Income $3,857,489
Total Revenue $47,583,205

Grants Awarded

Over the last fiscal year, Musical Instrument Museum has awarded $5,000 in support to 5 organizations.

Grant RecipientAmount

GLENDALE ELEMENTARY SCHOOL

PURPOSE: TRANSPORTATION STIPEND

$1,200

MESA PUBLIC SCHOOLS

PURPOSE: TRANSPORTATION STIPEND

$1,200

CHANDLER UNIFIED SCHOOL DISTRICT

PURPOSE: TRANSPORTATION STIPEND

$1,100

PARADISE VALLEY UNIFIED SCHOOL DISTRICT

PURPOSE: TRANSPORTATION STIPEND

$1,000

PHOENIX UNION HIGH SCHOOL DISTRICT

PURPOSE: TRANSPORTATION STIPEND

$500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Musical Instrument Museum has recieved totaling $13,100.

Awarding OrganizationAmount
Shanbrom Fam Foundation

Ojai, CA

PURPOSE: MUSICAL INSTRUMENT MUSEUM

$10,000
William And Joanne Moeller Foundation

Scottsdale, AZ

PURPOSE: GENERAL SUPPORT

$3,000
Horne Family Charitable Foundation

Wheeling, WV

PURPOSE: CARRY OUT EXEMPT PURPOSE

$100
View Grant Recipient Profile

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