Madison Museum Of Contemporary Art Inc

Organization Overview

Madison Museum Of Contemporary Art Inc is located in Madison, WI. The organization was established in 1969. 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 04/2022, Madison Museum Of Contemporary Art Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Museum Of Contemporary Art Inc 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 04/2022, Madison Museum Of Contemporary Art Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $3.0m during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

A MUSEUM TO EXHIBIT, COLLECT, PRESERVE AND INTERPRET VISUAL ART, WITH A FOCUS ON MODERN AND CONTEMPORARY ART.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXHIBITS OF ORGINAL ART WORK, EDUCATION, WORKSHOPS, PROGRAMS AND ARTISTIC EDUCATION ITEMS.


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Board, Officers & Key Employees

Name (title)Compensation
Christina Brungardt
Executive Director
$190,060
Vikki Enright
Vice President
$0
Dynee Sheafer
President
$0
Oscar Mireles
Vice President
$0
Eric Plautz
Treasurer
$0
Jennifer Ridley-Hanson
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$160,295
Fundraising events$0
Related organizations$300,604
Government grants $785,363
All other contributions, gifts, grants, and similar amounts not included above$547,391
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,793,653
Total Program Service Revenue$81,502
Investment income $15
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $63,819
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $361,700
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,302,239

Grants Recieved

Over the last fiscal year, we have identified 22 grants that Madison Museum Of Contemporary Art Inc has recieved totaling $391,719.

Awarding OrganizationAmount
Madison Community Foundation

Madison, WI

PURPOSE: GENERAL CHARITABLE PURPOSES

$95,545
Madison Community Foundation

Madison, WI

PURPOSE: GENERAL CHARITABLE PURPOSES

$60,651
Madison Community Foundation

Madison, WI

PURPOSE: GENERAL CHARITABLE PURPOSES

$50,000
The Andy Warhol Foundation For The Visual Arts Inc

New York, NY

PURPOSE: FAISAL ABDU'ALLAH EXHIBITION

$50,000
Madison Community Foundation

Madison, WI

PURPOSE: GENERAL CHARITABLE PURPOSES

$26,862
Deatley Family Foundation Inc

Mt Horeb, WI

PURPOSE: GENERAL USE

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,217,735
Earnings$253,012
Admin Expense$55,508
Net Contributions$87,952
Grants$178,172
Ending Balance$5,325,019

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