Nevada Museum Of Art Inc

Organization Overview

Nevada Museum Of Art Inc is located in Reno, NV. The organization was established in 1961. 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 12/2021, Nevada Museum Of Art Inc employed 101 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nevada Museum Of 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 12/2021, Nevada Museum Of Art Inc generated $23.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $8.1m during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SERVE AS A CULTURAL AND EDUCATIONAL RESOURCE FOR EVERY MEMBER OF THE COMMUNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE NEVADA MUSEUM OF ART, INC. (THE "MUSEUM") IS A NOT-FOR-PROFIT ORGANIZATION HOUSED IN A CONTEMPORARY BUILDING IN RENO, NEVADA DESIGNED BY RENOWNED ARCHITECT WILL BRUDER. FOUNDED IN 1931, THE MUSEUM IS ONE OF THE OLDEST CULTURAL INSTITUTIONS IN NEVADA AND IS THE ONLY MUSEUM IN THE STATE ACCREDITED BY THE AMERICAN ALLIANCE OF MUSEUMS. THE MUSEUM PRESENTS A WIDE VARIETY OF VISUAL ARTS EXHIBITIONS, EDUCATIONAL PROGRAMS AND STUDIO CLASSES, FILMS, AND SPECIAL EVENTS. THE PERMANENT COLLECTION OF THE MUSEUM IS DIVIDED INTO FOUR FOCUS AREAS AND CONSISTS OF MORE THAN 2,000 WORKS OF ART ORGANIZED AROUND GENERAL THEMES OF LAND AND ENVIRONMENT. MANY OF THE MUSEUM'S EXHIBITIONS AND PROGRAMS ARE DEVELOPED AS CONTENT FOR THE CENTER FOR ART + ENVIRONMENT, WHICH AIMS TO SUPPORT THE PRACTICE, STUDY, AND AWARENESS OF CREATIVE INTERACTIONS BETWEEN PEOPLE AND THEIR ENVIRONMENT.


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Board, Officers & Key Employees

Name (title)Compensation
David Walker
CEO
$356,283
Amy Oppio
Coo/deputy Director
$150,247
Ann Wolfe
Head Curator/deputy Director
$130,273
Mary Ann Mcauliffe
President Of Museum Advancement
$118,917
Mary Solorzano
Director Of Finance
$111,015
Barbara Danz
Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Clark & Sullivan Construction Inc
Construction Remodel
$3,188,647
Culatello Llc
Catering And Special Events
$338,272
Will Bruder Architects Ltd
Architectual Design
$259,943
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,191,218
All other contributions, gifts, grants, and similar amounts not included above$20,854,346
Noncash contributions included in lines 1a–1f $29,400
Total Revenue from Contributions, Gifts, Grants & Similar$22,045,564
Total Program Service Revenue$1,003,495
Investment income $462,965
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $168,023
Net Gain/Loss on Asset Sales $102,470
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $157,161
Miscellaneous Revenue$0
Total Revenue $23,939,678

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Nevada Museum Of Art Inc has recieved totaling $120,000.

Awarding OrganizationAmount
Jacquie Foundation

Incline Village, NV

PURPOSE: GENERAL OPERATIONS

$50,000
Deborah And T J Day Foundation

Reno, NV

PURPOSE: TO SUPPORT PROGRAMS THAT PROVIDE EDUCATIONAL RESOURCES FOR EVERYONE.

$50,000
Harvey And Leslie Wagner Foundation

Incline Village, NV

PURPOSE: GENERAL BUDGET

$10,000
The Codd Family Foundation

Reno, NV

PURPOSE: DIRECT OR LEVEL SPONSORSHIP

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$13,688,007
Earnings$1,212,166
Net Contributions$122,575
Other Expense$676,932
Ending Balance$14,345,816

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