Cedar Rapids Museum Of Art

Organization Overview

Cedar Rapids Museum Of Art is located in Cedar Rapids, IA. The organization was established in 1951. 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 06/2022, Cedar Rapids Museum Of Art employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedar Rapids Museum Of Art 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 06/2022, Cedar Rapids Museum Of Art generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. 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

TO EXCITE, ENGAGE, AND EDUCATE THROUGH THE ARTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CEDAR RAPIDS MUSEUM OF ART (CRMA) MAINTAINS AND OPERATES AN ART MUSEUM WITH A PERMANENT COLLECTION OF APPROXIMATELY 8,000 WORKS OF ART. CRMA HAS SIXTEEN GALLERIES IN WHICH IT ORGANIZES A DOZEN OR MORE EXHIBITIONS ANNUALLY. CRMA IS OPEN SIX DAYS A WEEK AND RECEIVES MORE THAN 32,000 VISITORS ANNUALLY, INCLUDING SEVERAL THOUSAND CHILDREN. MANY EDUCATIONAL PROGRAMS ARE HELD AT THE MUSEUM AND AT OFFSITE LOCATIONS, INCLUDING PUBLIC LIBRARIES. CRMA ALSO OWNS THE ORIGINAL GRANT WOOD STUDIO, A NEARBY HISTORIC HOUSE PROPERTY WHERE THE AMERICAN ARTIST LIVED FROM 1924-1935. THE STUDIO IS OPEN FOR FREE TOURS ON MOST WEEKENDS APRIL THROUGH DECEMBER.


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Board, Officers & Key Employees

Name (title)Compensation
Ulmer Sean
Executive Director
$111,596
Bright David
President
$0
Rings Randy
Secretary
$0
Knutson David
Vice President
$0
Andrews Rhonda
Treasurer
$0
Joens Brad
Past President
$0

Financial Statements

Statement of Revenue
Federated campaigns$197,389
Membership dues$39,367
Fundraising events$184,570
Related organizations$0
Government grants $35,000
All other contributions, gifts, grants, and similar amounts not included above$1,050,259
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,506,585
Total Program Service Revenue$45,359
Investment income $232,676
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $159,938
Net Income from Fundraising Events -$47,059
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$11,114
Miscellaneous Revenue$0
Total Revenue $1,897,118

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Cedar Rapids Museum Of Art has recieved totaling $940,494.

Awarding OrganizationAmount
Esther & Robert Armstrong Charitable Tr

Cedar Rapids, IA

PURPOSE: TO ASSIST QUALIFIED 501(C)(3) PUBLIC CHARITY ACHIEVE THEIR CHARITABLE MISSION

$630,253
Greater Cedar Rapids Community Foundation

Cedar Rapids, IA

PURPOSE: GENERAL SUPPORT, ANNUAL DESIGNATED DISTRIBUTION, SPRING 2022 EXHIBITION AND EDUCATION SUPPORT, THE CEDAR RAPIDS MUSEUM OF ART GALA, SPRING 2021 PROGRAMMING, FALL 2021 EXHIBITIONS AND EDUCATIONAL PROGRAMMING

$268,826
Mcintyre Foundation

Lawrence, KS

PURPOSE: GENERAL PURPOSES

$10,000
United Fire Group Foundation

Cedar Rapids, IA

PURPOSE: PROVIDE FUNDS FOR SERVICE TO COMMUNITY

$10,000
Derbes Foundation Inc

Tequesta, FL

PURPOSE: CHARITABLE CONTRIBUTION

$5,000
Mcleod Charitable Foundation Inc

Marion, IA

PURPOSE: GENERAL PURPOSES

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,475,263
Earnings-$702,155
Admin Expense$22,720
Net Contributions$630,253
Other Expense$164,973
Ending Balance$4,215,668

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