San Francisco Museum Of Modern Art

Organization Overview

San Francisco Museum Of Modern Art is located in San Francisco, CA. The organization was established in 1937. 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, San Francisco Museum Of Modern Art employed 556 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Francisco Museum Of Modern 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 06/2020, San Francisco Museum Of Modern Art generated $60.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $98.6m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

INSPIRE DIVERSE AUDIENCES THROUGH EXHIBITIONS, EDUCATION, PUBLICATIONS & COLLECTIONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

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COLLECTORS' FORUMCOLLECTORS' FORUM IS AN ART EXPERIENCE GROUP DEDICATED TO ENCOURAGING THE COLLECTION OF MODERN AND CONTEMPORARY ART. THROUGH ANNUAL DUES, COLLECTORS' FORUM MEMBERS SUPPORT THE MUSEUM'S GENERAL OPERATING BUDGET. IN APPRECIATION OF THIS SUPPORT, COLLECTORS' FORUM MEMBERS ENJOY PROGRAMS INCLUDING IN-HOME PANEL DISCUSSIONS WITH ART EXPERTS AND THOUGHT LEADERS IN THE INDUSTRY, TRAVEL OPPORTUNITIES CENTERED AROUND THE ART MARKET AND ALL ASPECTS OF COLLECTION-BUILDING, AND RECOGNITION AS THE LEAD SPONSOR ON A PROMINENT MUSEUM EXHIBITION EACH YEAR. SECA (SOCIETY FOR THE ENCOURAGEMENT OF CONTEMPORARY ART)SECA IS AN ART EXPERIENCE GROUP WHICH CELEBRATES THE LOCAL ART SCENE AND BUILDS COMMUNITY AMONG CREATIVES AND THE ART-CURIOUS THROUGH MONTHLY EDUCATIONAL AND SOCIAL PROGRAMS. SECA MEMBERS ENJOY TOURS AND TALKS AT LOCAL ARTS ORGANIZATIONS, ARTIST-RUN SPACES, AND MORE. MEMBERS ARE ALSO INVITED TO PARTICIPATE IN THE BIENNIAL SECA ART AWARD BY NOMINATING LOCAL ARTISTS FOR THIS PRESTIGIOUS AWARD AND EXHIBITION AT SFMOMA, AND VISITING THE STUDIOS OF FINALISTS TO GAIN INSIGHTS ON THEIR WORK.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Universal Protection Service Lp
Security Services
$2,858,412
Jpmorgan Chase Bank Na
Fund Advisory
$485,509
Able Building Maintenance Co
Janitorial Services
$720,851
Abm Onsite Services - West Inc
Engineering Services
$1,156,266
Michael H Williams Dba Mike Williams Dry
Drywall Services
$715,673
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$38,602,276
Investment income $7,761,636
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $539,878
Net Gain/Loss on Asset Sales -$2,829,949
Net Income from Fundraising Events -$387,693
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $3,819,072
Miscellaneous Revenue$0
Total Revenue $60,826,981

Grants Recieved

Over the last fiscal year, we have identified 3 grants that San Francisco Museum Of Modern Art has recieved totaling $76,250.

Awarding OrganizationAmount
Lamond Family Foundation

Palo Alto, CA

PURPOSE: SUPPORT OF THE ARTS AT THE SAN FRANCISCO MUSEUM OF MODERN ART.

$55,000
Shelby And Frederick Gans Foundation

West Hollywood, CA

PURPOSE: GENERAL USE

$20,000
Tom & Myrna Frankel Foundation

San Francisco, CA

PURPOSE: UNRESTRICTED

$1,250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$345,541,800
Earnings$89,271,817
Net Contributions$9,602,867
Other Expense$12,483,067
Ending Balance$431,933,418

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