Cincinnati Museum Association

Organization Overview

Cincinnati Museum Association is located in Cincinnati, OH. The organization was established in 1934. 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 08/2020, Cincinnati Museum Association employed 305 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 08/2020, Cincinnati Museum Association generated $26.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $17.5m during the year ending 08/2020. While expenses have increased by 3.5% per year over the past 5 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 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THROUGH THE POWER OF ART, WE CONTRIBUTE TO A MORE VIBRANT CINCINNATI BY INSPIRING ITS PEOPLE AND CONNECTING OUR COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTAIN AND OPERATE AN ART MUSEUM FOR THE GENERAL PUBLIC INVOLVING PERMANENT EXHIBITS, SPECIAL EXHIBITS AND ONGOING EDUCATIONAL PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Lewis Cameron Kitchin
Director
$426,186
Dave Linnenberg
Chief Administrative Officer
$185,793
Carol Edmondson
Chief Financial Officer
$119,898
Kirby Neumann
Director Of Philanthropy
$108,392
Bruce Petrie Jr
Secretary
$0
Polk Laffoon IV
Vice President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Strand Associates Inc
Consultant
$540,890
Rj Beischel Building Co
Construction
$685,413
Turner Contruction Company
General Contractor
$5,825,319
Debra-kuempel
Hvac System Repairs/support
$329,742
Siemens Industry Inc
Hvac System Repairs/support
$276,240
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$407,404
Fundraising events$44,846
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$18,912,501
Noncash contributions included in lines 1a–1f $594,906
Total Revenue from Contributions, Gifts, Grants & Similar$19,364,751
Total Program Service Revenue$1,036,643
Investment income $4,892,026
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $23,712
Net Gain/Loss on Asset Sales $7,180
Net Income from Fundraising Events -$11,947
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $735,063
Miscellaneous Revenue$0
Total Revenue $26,136,607

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Cincinnati Museum Association has recieved totaling $377,668.

Awarding OrganizationAmount
Elma M Lapp Foundation

Cincinnati, OH

PURPOSE: GENERAL SUPPORT

$356,868
Ross Charitable Tr 480009767310

Cincinnati, OH

PURPOSE: GENERAL OPERATING SUPPORT

$9,150
Ross Charitable Tr 480009767310

Cincinnati, OH

PURPOSE: GENERAL OPERATING SUPPORT

$9,150
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$1,500
Mueller Family Foundation

New York, NY

PURPOSE: GENERAL OPERATING

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$175,662,442
Earnings-$10,235,225
Net Contributions$624,890
Other Expense$5,969,532
Ending Balance$160,082,575

Peer Organizations

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