Philadelphia Museum Of Art is located in Philadelphia, PA. The organization was established in 1943. 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 06/2019, Philadelphia Museum Of Art employed 655 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2019, Philadelphia Museum Of Art generated $111.8m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $71.5m during the year ending 06/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE, ENHANCE, INTERPRET, AND EXTEND THE REACH OF ITS COLLECTIONS TO A DIVERSE AUDIENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURATORIAL ACTIVITIES, INCLUDING COLLECTION CARE AND THE ACQUISITION OF VARIOUS ART OBJECTS.THE MUSEUM HAS AN ENCYCLOPEDIC COLLECTION OF APPROXIMATELY 244,000 WORKS OF ART IN 8 CURATORIAL DEPARTMENTS, INCLUDING SOME OF THE GREATEST WORKS OF AMERICAN, ASIAN, AND EUROPEAN ART ANYWHERE. DURING 2019 THE MUSEUM ACQUIRED 24 WORKS FROM THE SOULS GROWN DEEP FOUNDATIONS, INCLUDING LARGE-SCALE SCULPTURES AND RELIEFS BY THORNTON DIAL, ASSEMBLAGES BY LONNIE HOLLEY, RONALD LOCKETT, HAWKINS BOLDEN, AND BESSIE HARVEY, AND A SELECTION OF MULTI-COLORED QUILTS MADE BY SEVERAL GENERATIONS OF WOMEN FROM GEE'S BEND ALABAMA.ANDREW W. MELLON UNDERGRADUATE CURATORIAL FELLOWSHIP PROGRAM PROVIDES SPECIALIZED TRAINING IN THE CURATORIAL FIELD FOR STUDENTS ACROSS THE UNITED STATES FROM DIVERSE BACKGROUNDS. 12 STUDENTS WERE ADMITTED INTO THE PROGRAM. THE MUSEUM PARTNERED WITH SIX ADDITIONAL WORLD-CLASS, ENCYCLOPEDIA COLLECTION MUSEUMS. ONE OF THE MUSEUM'S PRIMARY OBLIGATIONS IS THE PRESERVATION OF THE COLLECTIONS, THE WORKS ARE EXAMINED, TREATED AND PRESERVED YEAR-ROUND.
EDUCATION, LIBRARY AND COMMUNITY PROGRAMS FOR CHILDREN, DISABLED, AND GENERAL PUBLIC TO PROVIDE A BETTER UNDERSTANDING OF MUSEUM'S COLLECTION AND ART IN GENERAL.THE MUSEUM PROVIDES EDUCATION PROGRAMMING AROUND THE COLLECTIONS WITH PERFORMANCES, GALLERY TOURS, LECTURES, AND OTHER SPECIAL EVENTS. THE MUSEUM HELD SEVERAL SIGNIFICANT EXHIBITIONS DURING THE YEAR, THE FOLLOWING HIGHLIGHTS A FEW: * - FABULOUS FASHION: FROM DIOR'S NEW LOOK TO NOW: 173,505 ATTENDED.* - LITTLE LADIES: VICTORIAN FASHION DOLLS AND THE FEMININE IDEAL: 82,778 ATTENDED* - IMPRESSIONIST'S EYE - A RARE OPPORTUNITY TO SEE A BROAD RANGE OF THE IMPRESSIONIST SCULPTURE, PAINTING AND WORKS ON PAPER SHOWN TOGETHER - 115,932 VISITS.* - HORACE PIPPIN: FROM WAR TO PEACE. A INSTALLATION CELEBRATING AN AFRICAN AMERICAN ARTIST WHO OVERCAME A WAR INJURY TO EARN NATIONAL ACCLAIM FOR HIS PAINTING. * - SOULS GROWN DEEP: ARTISTS OF THE AFRICAN AMERICAN SOUTH: EXHIBITIONS A CELEBRATION OF THE RECENT ACQUISITION. * - IMPRESSIONIST EYE, OVER 90 WORKS OF POST-IMPRESSIONIST, SOME NOT ON VIEW FOR A DECADE OR LONGER: 115,932 ATTENDEDTRAVELING EXHIBITIONS: THE ESSENTIAL DUCHAMP WAS A COMPREHENSIVE EXHIBITION OF MARCEL DUCHAMP TOURED JAPAN, KOREA AND AUSTRALIA.THE MUSEUM HAS SEVERAL ART EDUCATION PROGRAMS DEDICATED TO CHILDREN, ONE OF THE MOST NOTABLE PROGRAMS IS ART SPLASH, A NINE-WEEK SUMMER FAMILY PROGRAM, IN FISCAL YEAR 2019 FAMILIES MADE ART WITH PROFESSIONAL ARTISTS INSPIRED BY THE EXHIBITIONS SOULS GROWN DEEP: ARTISTS OF THE AFRICAN AMERICAN SOUTH AND THE ART OF COLLAGE AND ASSEMBLAGE. THEY ALSO EXPERIENCED DISHES PREPARED BY A CHEF-IN-RESIDENCE AND JOINED AN INTERGENERATIONAL COMMUNITY CONVERSATION CENTERED ON TALKING WITH KIDS ABOUT SOCIAL JUSTICE, APPROXIMATELY 40,000 PEOPLE PARTICIPATED. IN ADDITION, THERE ARE TEACHER PROGRAMS THAT PROVIDE RESOURCES AND TRAINING OPPORTUNITIES, BENEFITING THOUSANDS OF TEACHERS. ALSO, 100% OF VISITING SCHOOL DISTRICT OF PHILADELPHIA STUDENTS RECEIVED FREE ADMISSION, OVER 20K STUDENT VISITS. OVERALL THE EDUCATION PROGRAM BENEFITED OVER 240,000 PEOPLE.
AUXILIARY ACTIVITIES AND PUBLIC RELATIONS.DURING FISCAL YEAR 2019 THE MUSEUM WELCOMED 774,000 VISITS FROM VISITORS FROM ALL 50 STATES, THE DISTRICT OF COLUMBIA, PUERTO RICO, GUAM, U.S. VIRGIN ISLANDS, MARSHAL ISLANDS, AMERICA SAMOA AS WELL AS FROM 131 FOREIGN COUNTRIES ON SIX CONTINENTS. THE MUSEUM INCREASES ACCESS TO ALL VISITORS BY PROVIDING PAY WHAT YOU WISH EVERY WEDNESDAY EVENING, THE FIRST SUNDAY OF EACH MONTH, MARTIN LUTHER KING DAY, AND THIS SUMMER INCLUDED DATES AROUND THE JULY 4TH HOLIDAY, APPROXIMATELY 140,000 VISITORS ACCESSED THE MUSEUM UNDER THIS PROGRAM.THE MUSEUM MEMBERSHIP PROGRAM PROVIDES UNLIMITED ACCESS TO THE MUSEUM DURING OPERATING HOURS, AS WELL AS PROGRAMING AND EVENTS THAT ENHANCE THE MEMBER EXPERIENCE. THERE WERE OVER 40,000 ACTIVE HOUSEHOLDS IN FISCAL YEAR 2019.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy F Rub Director And CEO | OfficerTrustee | 35 | $672,395 |
Gail M Harrity President And COO | OfficerTrustee | 35 | $402,111 |
Jonathan L Peterson Director Of Development | Officer | 35 | $286,847 |
Jeffrey Blair Secretary And General Coun | Officer | 35 | $277,235 |
David Blackman Deputy Dir Develop-Through June 2019 | 35 | $235,112 | |
Ali Shaikholislami Director Of Engineering&fa | Officer | 35 | $194,409 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Jpc Group Inc Construction | 6/29/19 | $7,709,806 |
Lf Driscoll Co Construction | 6/29/19 | $7,556,051 |
Dougherty Electric Construction | 6/29/19 | $6,292,771 |
Tracey Mechanical Inc Construction | 6/29/19 | $5,715,803 |
Universal Protection Service Lp Security | 6/29/19 | $4,092,347 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $74,870,679 |
Investment income | $7,772,125 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $47,253 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $19,021,259 |
Net Income from Fundraising Events | -$353,309 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,426,654 |
Miscellaneous Revenue | $0 |
Total Revenue | $111,793,644 |
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. | $2,441,498 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $25,560,930 |
Pension plan accruals and contributions | $974,927 |
Other employee benefits | $3,559,847 |
Payroll taxes | $2,061,924 |
Fees for services: Management | $0 |
Fees for services: Legal | $125,390 |
Fees for services: Accounting | $98,715 |
Fees for services: Lobbying | $103,919 |
Fees for services: Fundraising | $174,168 |
Fees for services: Investment Management | $2,691,580 |
Fees for services: Other | $7,863,946 |
Advertising and promotion | $1,450,392 |
Office expenses | $2,491,444 |
Information technology | $958,336 |
Royalties | $10,844 |
Occupancy | $2,483,742 |
Travel | $642,798 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $73,386 |
Interest | $1,147,530 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,711,125 |
Insurance | $1,101,895 |
All other expenses | $0 |
Total functional expenses | $71,540,513 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $58,629,275 |
Pledges and grants receivable | $97,343,419 |
Accounts receivable, net | $990,907 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $608,304 |
Prepaid expenses and deferred charges | $1,875,447 |
Investments—publicly traded securities | $124,558,045 |
Investments—other securities | $361,992,177 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $12,087,474 |
Total assets | $1,089,326,303 |
Accounts payable and accrued expenses | $29,048,346 |
Grants payable | $0 |
Deferred revenue | $2,034,969 |
Tax-exempt bond liabilities | $107,324,204 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,678,216 |
Total liabilities | $140,085,735 |
Net assets without donor restrictions | $417,737,156 |
Net assets with donor restrictions | $212,602,525 |
Capital stock or trust principal, or current funds | $318,900,887 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $949,240,568 |
Over the last fiscal year, we have identified 43 grants that Philadelphia Museum Of Art has recieved totaling $1,669,091.
Awarding Organization | Amount |
---|---|
William B Dietrich Foundation Philadelphia, PA PURPOSE: RESTORATION OF MT. PLEASANT & SUPPORT OF CORE PROJECT | $250,000 |
William B Dietrich Foundation Philadelphia, PA PURPOSE: RESTORATION OF MT. PLEASANT & SUPPORT OF CORE PROJECT | $250,000 |
Victory Fdn Bryn Mawr, PA PURPOSE: FULFILLMENT OF 2019 ANNUAL PLEDGE AND K-12 PROGRAMMING | $190,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $175,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: GENERAL SUPPORT | $175,000 |
Alice N Osborn Trust Uw 9-15c Wilmington, DE PURPOSE: GENERAL OPERATING | $132,088 |
Beg. Balance | $487,334,473 |
Earnings | $18,877,351 |
Net Contributions | $4,751,964 |
Other Expense | $27,139,297 |
Ending Balance | $483,824,491 |
Organization Name | Assets | Revenue |
---|---|---|
Whitney Museum Of American Art New York, NY | $937,771,000 | $113,143,000 |
Philadelphia Museum Of Art Philadelphia, PA | $1,089,326,303 | $111,793,644 |
Solomon R Guggenheim Foundation New York, NY | $211,321,255 | $84,620,075 |
Cleveland Museum Of Art Cleveland, OH | $1,135,564,267 | $68,797,597 |
Brooklyn Institute Of Arts And Sciences Brooklyn, NY | $323,254,347 | $40,602,578 |
Frick Collection New York, NY | $460,985,969 | $72,415,948 |
Henry Francis Du Pont Winterthur Museum Inc Winterthur, DE | $381,564,161 | $38,612,720 |
Barnes Foundation Philadelphia, PA | $214,994,378 | $24,564,152 |
Toledo Museum Of Art Toledo, OH | $363,312,718 | $18,709,059 |
Baltimore Museum Of Art Inc Baltimore, MD | $169,284,027 | $31,272,929 |
International Center Of Photography New York, NY | $78,791,074 | $13,311,038 |
Cincinnati Museum Association Cincinnati, OH | $223,082,866 | $26,136,607 |