The Chrysler Museum Inc

Organization Overview

The Chrysler Museum Inc is located in Norfolk, VA. The organization was established in 1980. 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 06/2021, Chrysler Museum Inc employed 160 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2021, Chrysler Museum Inc generated $19.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $9.4m during the year ending 06/2021. 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

THE MUSEUM EXISTS TO PRESENT, PRESERVE, & INTERPRET WORKS OF ART FOR THE WELL-BEING OF THE PUBLIC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CHRYSLER MUSEUM OF ART IS AN EDUCATIONAL INSTITUTION WHOSE PROGRAMS ARE DESIGNED TO ENABLE VISITORS TO GAIN INSIGHTS INTO THEMSELVES AND THEIR WORLD THROUGH THE MEDIUM OF ORIGINAL WORKS OF ART. TO THIS END, THE MUSEUM COLLECTS, PRESERVES, DISPLAYS AND INTERPRETS ORIGINAL WORKS OF ART FOR THE ENJOYMENT AND EDUCATION OF A DIVERSE CONSTITUENCY. THE MUSEUM OPERATES A GLASS MAKING STUDIO ADJACENT TO ITS MAIN BUILDING. THE STUDIO OFFERS A FULL PROGRAM OF PUBLIC DEMONSTRATIONS AND CLASSES AS WELL AS A ROBUST SET OF EDUCATIONAL PARTNERSHIPS WITH REGIONAL COLLEGES AND UNIVERSITIES AND A DYNAMIC VISITING ARTIST PROGRAM. STUDIO PROGRAMMING IS DESIGNED TO COMPLEMENT AND ENRICH THE PUBLIC'S UNDERSTANDING AND APPRECIATION OF THE MUSEUM'S OUTSTANDING COLLECTION OF HISTORICAL GLASS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Masterpiece International
Art Shipping
$351,102
Electronic Systems
It Services
$121,874
Community Counseling Service
Campaign Consultants
$213,500
Meridian Group
Public Relations And Communications Cons
$157,766
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,045,973
Fundraising events$0
Related organizations$0
Government grants $3,589,724
All other contributions, gifts, grants, and similar amounts not included above$7,773,435
Noncash contributions included in lines 1a–1f $1,387,254
Total Revenue from Contributions, Gifts, Grants & Similar$12,409,132
Total Program Service Revenue$516,444
Investment income $606,285
Tax Exempt Bond Proceeds $0
Royalties $43,807
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,068,073
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $129,850
Miscellaneous Revenue$0
Total Revenue $19,131,960

Grants Recieved

Over the last fiscal year, we have identified 5 grants that The Chrysler Museum Inc has recieved totaling $11,342.

Awarding OrganizationAmount
Art Alliance For Contemporary Glass

Dallas, TX

PURPOSE: 2020 EMERGENCY GRANT.

$7,500
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$1,500
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$1,500
Sally M And Stephen A Herman Foundation Inc

Washington, DC

PURPOSE: GENERAL CHARITABLE PURPOSES

$500
Duval Radford Charitable Tes Tr 920-315007036031

Orlando, FL

PURPOSE: GENERAL OPERATING

$342
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$70,035,098
Earnings$23,758,101
Net Contributions$1,347,280
Other Expense$2,247,225
Ending Balance$92,893,254

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