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 08/2022, Cincinnati Museum Association employed 290 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cincinnati Museum Association 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 08/2021, Cincinnati Museum Association generated $24.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $16.3m during the year ending 08/2021. While expenses have increased by 1.7% 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 990 Filing

TAX YEAR

2021

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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Siemens Industry Inc
Boiler/ahu Service Agreement/repairs
$519,706
Turner Contruction Company
Construction Project Contractor
$6,287,757
Debra-kuempel
Hvac Services
$475,071
Alzar Studio Llc
Furnishing
$354,096
Casewerks Llc
Museum Displays And Furnishings
$319,505
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$445,208
Fundraising events$34,779
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$17,019,954
Noncash contributions included in lines 1a–1f $1,177,813
Total Revenue from Contributions, Gifts, Grants & Similar$17,499,941
Total Program Service Revenue$556,700
Investment income $5,022,588
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $112,205
Net Gain/Loss on Asset Sales $29,302
Net Income from Fundraising Events -$8,670
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $678,861
Miscellaneous Revenue$0
Total Revenue $24,034,593

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Cincinnati Museum Association has recieved totaling $25,000.

Awarding OrganizationAmount
Thomas R Schiff Foundation

Cincinnati, OH

PURPOSE: A BIENNIAL PROJECT GRANT

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$207,392,998
Earnings-$26,683,221
Net Contributions$192,228
Other Expense$6,034,156
Ending Balance$174,867,849

Peer Organizations

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