John Huntington Art & Polytechnic Tr

Organization Overview

John Huntington Art & Polytechnic Tr is located in Cleveland, OH. The organization was established in 1935. 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. John Huntington Art & Polytechnic Tr 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 06/2020, John Huntington Art & Polytechnic Tr generated $10.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $7.0m during the year ending 06/2020. 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

OPERATION OF THE CLEVELAND MUSEUM OF ART

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONTRIBUTION OF FUNDS TOWARDS OPERATING EXPENSES OF THE CLEVELAND MUSEUM OF ART WHICH IS TAX-EXEMPT UNDER IRC SECTION 501(C)(3) AND HAS NON-PRIVATE FOUNDATION STATUS UNDER IRC SECTION 179(B)(1)(A)(VI)


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $3,711,899
Tax Exempt Bond Proceeds $1,696
Royalties $7,795
Net Rental Income -$1,162
Net Gain/Loss on Asset Sales $6,427,628
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,635,199

Peer Organizations

Organization NameAssets
Toledo Museum Of Art
Toledo, OH
$18,709,059
Cincinnati Museum Association
Cincinnati, OH
$24,034,593
Columbus Museum Of Art
Columbus, OH
$10,937,046
J B Speed Art Museum
Louisville, KY
$14,473,949
John Huntington Art & Polytechnic Tr
Cleveland, OH
$10,635,199
Dayton Art Institute
Dayton, OH
$5,850,007
Grand Rapids Art Museum
Grand Rapids, MI
$12,119,660
Frick Art & Historical Center Inc
Pittsburgh, PA
$11,420,206
Taft Museum Of Art
Cincinnati, OH
$7,451,068
Akron Art Museum
Akron, OH
$4,858,452
Contemporary Arts Center
Cincinnati, OH
$3,979,830
Westmoreland Museum Of Art
Greensburg, PA
$6,299,818

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