Georgia Okeeffe Museum
- Assets
- $149.7m
- Revenue
- $17.2m
- Investments
- $16.7m
- Employees
- 127
- Location
- Santa Fe, NM
- Founding
- 03/1996
- Data as of
- 12/2019
- EIN
- 85-0437114
Georgia Okeeffe Museum Overview
Georgia Okeeffe Museum is located in Santa Fe, NM. The organization was established in 1996. 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 12/2019, Georgia Okeeffe Museum employed 127 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Georgia Okeeffe Museum generated $17.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $9.7m during the year ending 12/2019. While expenses have increased by 4.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
WE CULTIVATE MEANINGFUL, AUTHENTIC EXPERIENCES INSPIRED BY THE LIFE, WORK AND WORLD OF GEORGIA O'KEEFFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO INSPIRE ALL CURRENT AND FUTURE GENERATIONS, THE MUSEUM PRESERVES, PRESENTS AND ADVANCES THE ARTISTIC LEGACY OF GEORGIA O'KEEFFE AND MODERNISM THROUGH INNOVATIVE PUBLIC ENGAGEMENT, EDUCATION AND RESEARCH. THE MUSEUM ACCOMPLISHES THIS BY PRESENTING EXHIBITIONS NATIONALLY AND INTERNATIONALLY; CARING FOR THE PERMANENT COLLECTION; PROVIDING EXCELLENT PUBLIC PROGRAMS, CUTTING-EDGE CONSERVATION TECHNIQUES, ACCESS TO THE LIBRARY AND ARCHIVES, AND RESEARCH BY OUTSIDE SCHOLARS ABOUT MODERNISM; AND SERVING AS STEWARDS FOR TWO OF O'KEEFFE'S HISTORIC HOMES AND STUDIOS.THE MUSEUM HOUSES THE WORLD'S LARGEST COLLECTION OF ARTWORK BY GEORGIA O'KEEFFE AND PROVIDES AN OVERVIEW OF HER ACHIEVEMENTS DURING THE EIGHT DECADES (1901-1984) THAT SHE WAS ACTIVE AS AN ARTIST. THE COLLECTION INCLUDES WORKS IN CHARCOAL, OIL, PASTEL, PENCIL, WATERCOLOR,AND BRONZE, WHICH REPRESENT MOST OF THE MANY SUBJECTS O'KEEFFE ADDRESSED IN HER ART. THE MUSEUM IS COMMITTED TO MAKING ITS EXHIBITIONS AND PROGRAMS AVAILABLE TO THE BROADEST POSSIBLE AUDIENCE. ITS ACTIVE, CHANGING EXHIBITION SCHEDULE INCLUDES EXHIBITIONS DISPLAYING WORKS BY O'KEEFFE, OTHER AMERICAN MODERNISTS, AND SELECT LIVING AMERICAN ARTISTS. THE MUSEUM HAS ORGANIZED TRAVELING EXHIBITIONS WITH OTHER MUSEUMS AS WELL.THE MUSEUM'S MULTI-DISCIPLINARY EDUCATION AND PUBLIC PROGRAMS TEACH DIVERSE CONSTITUENCIES ABOUT GEORGIA O'KEEFFE AND AMERICAN MODERNISM THROUGH ON-SITE PROGRAMS SUCH AS DOCENT TRAINING, PROFESSIONAL DEVELOPMENT FOR EDUCATORS, ADULT EDUCATION, LECTURES, CONCERTS, WEEKEND FAMILY PROGRAMS AND HANDS-ON ACTIVITIES RELATED TO CURRENT EXHIBITIONS. OFFSITE PROGRAMS INCLUDE A FULL-SCHOLARSHIP PROGRAM FOR PRE-ADOLESCENT GIRLS AND BOYS, ARTS PROGRAMMING TO REPLACE UNDERFUNDED OR ELIMINATED DISTRICT-FUNDED PROGRAMS IN LOCAL PUBLIC SCHOOLS, AFTER-SCHOOL PROGRAMMING AT COMMUNITY AND LOCAL SCHOOL SITES, ART-MAKING WORKSHOPS FOR ADULTS, STATEWIDE EDUCATION OUTREACH, AND WORKSHOPS FOR TEACHERS.THE MUSEUM'S RESEARCH CENTER FOCUSES ON INTERDISCIPLINARY RESEARCH ON AMERICAN MODERNISM IN THE FIELDS OF ART HISTORY, ARCHITECTURAL HISTORY AND DESIGN, LITERATURE, MUSIC AND PHOTOGRAPHY.THE MUSEUM'S AUDIENCES INCLUDE NEW MEXICO RESIDENTS AND VISITORS FROM ACROSS THE COUNTRY AND AROUND THE WORLD.
Do You Work With Nonprofits?Intellispect helps service providers identify nonprofit prospects and make contact with decision makers.
Georgia Okeeffe Museum Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cody Hartley Museum Director | Officer | 40 | $248,090 |
Colleen Kelly Delay Sr Dir, Advancement & Communication | 40 | $190,133 | |
Robert Kret Museum Director (through May 2019) | Officer | 40 | $179,274 |
Benjamin Finberg Senior Director Of Operations | 40 | $161,541 | |
Elizabeth Neely Curator Of The Digital Experience | 40 | $111,697 | |
Dale Kronkright Head Of Conservation | 40 | $102,410 |
Georgia Okeeffe Museum Vendors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Scattergood Design Pa Conservation Assessment Cons. | 12/30/19 | $167,712 |
Tom Hennes Inc Dba Thinc Design Exhibition Design Firm | 12/30/19 | $527,749 |
Gluckman Tang Schematic Design Consultant-architect | 12/30/19 | $103,999 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $373,016 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $99,614 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,747,298 |
| Noncash contributions included in lines 1a–1f | $351,849 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,219,928 |
| Total Program Service Revenue | $2,810,803 |
| Investment income | $2,802,128 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $8,319 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,998,931 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,384,957 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,243,207 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $70,690 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $589,867 |
| Compensation of current officers, directors, key employees. | $298,356 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,989,857 |
| Pension plan accruals and contributions | $110,282 |
| Other employee benefits | $575,774 |
| Payroll taxes | $331,535 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,744 |
| Fees for services: Accounting | $52,887 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $68,000 |
| Fees for services: Investment Management | $100,000 |
| Fees for services: Other | $929,026 |
| Advertising and promotion | $197,658 |
| Office expenses | $511,775 |
| Information technology | $143,011 |
| Royalties | $0 |
| Occupancy | $601,930 |
| Travel | $254,809 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $475,600 |
| Insurance | $202,260 |
| All other expenses | $88,962 |
| Total functional expenses | $9,658,558 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,781 |
| Savings and temporary cash investments | $1,024,813 |
| Pledges and grants receivable | $1,005,955 |
| Accounts receivable, net | $52,134 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $330,532 |
| Prepaid expenses and deferred charges | $329,554 |
| Net Land, buildings, and equipment | $9,027,821 |
| Investments—publicly traded securities | $121,142,991 |
| Investments—other securities | $16,728,085 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $149,654,666 |
| Accounts payable and accrued expenses | $667,547 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,482,533 |
| Total liabilities | $9,150,080 |
| Net assets without donor restrictions | $98,033,853 |
| Net assets with donor restrictions | $42,470,733 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $149,654,666 |
Georgia Okeeffe Museum Grants Recieved
Over the last fiscal year, we have identified 6 grants that Georgia Okeeffe Museum has recieved totaling $105,000.
| Awarding Organization | Amount |
|---|---|
Esther B Okeeffe Charitable Tr Foundation Palm Beach, FL PURPOSE: GENERAL PROGRAMS | $100,000 |
Charles Piper Cost Foundation Berkeley, CA PURPOSE: GENERAL OPERATING | $1,000 |
Boeckman Family Foundation Dallas, TX PURPOSE: FOR BENEFACTOR MEMBERSHIP | $1,000 |
Toan-Obrien Foundation Santa Fe, NM PURPOSE: PUBLIC CHARITABLE PURPOSES | $1,000 |
Boeckman Family Foundation Dallas, TX PURPOSE: FOR BENEFACTOR MEMBERSHIP | $1,000 |
Toan-Obrien Foundation Santa Fe, NM PURPOSE: PUBLIC CHARITABLE PURPOSES | $1,000 |
Endowment Analysis
| Beg. Balance | $96,292,495 |
| Earnings | $13,380,685 |
| Net Contributions | $2,507,302 |
| Other Expense | $1,118,375 |
| Ending Balance | $111,062,107 |
Georgia Okeeffe Museum Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amon Carter Museum Of Western Art Fort Worth, TX | $85,461,073 | $20,810,184 |
Nasher Sculpture Center Dallas, TX | $5,263,608 | $12,149,079 |
Phoenix Art Museum Phoenix, AZ | $7,242,004 | $9,400,156 |
Georgia Okeeffe Museum Santa Fe, NM | $149,654,666 | $17,243,207 |
Mcnay Art Museum San Antonio, TX | $84,313,132 | $9,369,360 |
San Antonio Museum Of Art San Antonio, TX | $85,166,345 | $12,009,568 |
Philbrook Museum Of Art Inc Tulsa, OK | $66,276,918 | $5,455,173 |
Contemporary Austin Museum Inc Austin, TX | $25,163,565 | $6,013,167 |
Nasher Foundation 101796 Forney, TX | $0 | $5,736,768 |
Aspen Art Museum Aspen, CO | $44,194,860 | $5,866,085 |
Oklahoma City Museum Of Art Oklahoma City, OK | $47,340,772 | $7,968,737 |
Mca Denver Denver, CO | $23,710,122 | $3,460,829 |
Create a Free Account