J B Speed Art Museum

J B Speed Art Museum Overview

J B Speed Art Museum is located in Louisville, KY. 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. As of 09/2019, J B Speed Art Museum employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 09/2019, J B Speed Art Museum generated $8.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $13.4m during the year ending 09/2019. While expenses have increased by 3.8% per year over the past 5 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE SPEED ART MUSEUM INVITES EVERYONE TO CELEBRATE ART, FOREVER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GUARDIANSHIP AND MAINTENANCE OF THE MUSEUM AND ITS ART COLLECTION. THE SPEED ART MUSEUM UTILIZES SECURITY PERSONNEL AND TECHNOLOGY TO SECURE THE COLLECTION AS WELL AS THE MUSEUM STAFF AND VISITORS. STATE-OF-THE-ART TEMPERATURE AND HUMIDITY CONTROL SYSTEMS PROTECT THE COLLECTION FROM ENVIRONMENTAL DAMAGES.


CURATORIAL INITIATIVES INCLUDE ROTATING EXHIBITIONS, CARE FOR THE PERMANENT COLLECTION, AND SCHOLARLY PUBLICATIONS. THE CURATORIAL STAFF STEWARDS A COLLECTION OF 13,000 OBJECTS SPANNING 6,000 YEARS OF HUMAN HISTORY FROM ANCIENT TO CONTEMPORARY ARTWORKS. CURATORS PRODUCE AMBITIOUS EXHIBITIONS, BRINGING ARTWORK FROM AROUND THE WORLD TO THE LOUISVILLE COMMUNITY AND PROGRAM EVENTS TO ENHANCE EXHIBITION CONTENT.


EDUCATION AND OUTREACH PROGRAMS FOSTER DYNAMIC, MULTI-SENSORIAL EXPERIENCES FOR VISITORS OF ALL AGES AND BACKGROUNDS. EDUCATION PROGRAMS FOR YOUTH AND FAMILIES PROVIDE OPPORTUNITIES FOR CHILDREN TO GROW UP WITH THE SPEED. OFFERINGS INCLUDE HANDS-ON WORKSHOPS, INTERACTIVE LESSONS, AND GUIDED TOURS OF THE COLLECTION. OUTREACH PROGRAMS ENGAGE UNDERSERVED POPULATIONS AND OFTEN PARTNER WITH BOTH ARTS AND NON-ARTS ORGANIZATIONS TO REACH ALL LEVELS OF THE COMMUNITY.


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J B Speed Art Museum Board, Officers & Key Employees

Name (title)Compensation
Paul Esselman
Chief Financial Officer(left 7/31/19)
$130,912
Stephen Reily
Executive Director
$100,000
Roger Cude
Chair Elect
$0
Brooke Brown Barzun
Chair
$0
Eric Doninger
Secretary
$0
Elizabeth Davis
Treasurer
$0

J B Speed Art Museum Vendors

Vendor Name (Service)Compensation
Wiltshire At The Speed
Cafe
$291,421
Walker Mechanical Contractors Inc
Building & Grounds
$120,743
Reed Hilderbrand
Architect
$107,893
Boston Light & Sound Inc
Film System Repair
$100,622
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$4,062,266
Investment income $1,908,719
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $543,557
Net Gain/Loss on Asset Sales $243,491
Net Income from Fundraising Events -$82,968
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $98,635
Miscellaneous Revenue$0
Total Revenue $8,399,423

J B Speed Art Museum Grants Recieved

Over the last fiscal year, we have identified 12 grants that J B Speed Art Museum has recieved totaling $549,010.

Awarding OrganizationAmount
W L Lyons Brown Foundation

Louisville, KY

PURPOSE: PROGRAM AND OPERATIONAL SUPPORT, AND CAPITAL CAMPAIGN

$242,594
Owsley Brown Ii Family Foundation Inc

Louisville, KY

PURPOSE: OWSLEY BROWN II BEQUEST

$200,000
Owsley Brown Ii Family Foundation Inc

Louisville, KY

PURPOSE: WARHOL EXHIBIT SPONSOR

$50,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$21,584
Ina B Bond Ashbourne Charitable Fund

Louisville, KY

PURPOSE: SUPPORT

$10,000
Snowy Owl Foundation

Louisville, KY

PURPOSE: EXHIBIT FEATURING OBJECTS AND ARTIFACTS FROM TWO KENTUCKY SHAKER COMMUNITIES

$8,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$70,581,394
Earnings$1,316,644
Net Contributions$1,001,500
Other Expense$2,953,917
Ending Balance$69,945,621

J B Speed Art Museum Peer Organizations

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