Henry E Huntington Library & Art Gallery
- Assets
- $862.3m
- Revenue
- $128.9m
- Investments
- $0.0
- Employees
- 578
- Location
- San Marino, CA
- Founding
- 05/1938
- Data as of
- 06/2022
- EIN
- 95-1644589
Organization Overview
Henry E Huntington Library & Art Gallery, operating under the name Huntington Library Art Museum & Botanical Gardens, is located in San Marino, CA. The organization was established in 1938. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Huntington Library Art Museum & Botanical Gardens employed 578 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huntington Library Art Museum & Botanical Gardens 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 06/2022, Huntington Library Art Museum & Botanical Gardens generated $128.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $100.8m during the year ending 06/2022. While expenses have increased by 6.6% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
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Describe the Organization's Program Activity:
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THE HUNTINGTON LIBRARY, ART MUSEUM, AND BOTANICAL GARDENS IS A COLLECTIONS-BASED RESEARCH AND EDUCATIONAL INSTITUTION SERVING SCHOLARS AND THE GENERAL PUBLIC.EACH YEAR, THE HUNTINGTON:* PROVIDES MORE THAN 2,000 SCHOLARS WITH ACCESS TO A WORLD-CLASS COLLECTION OF RARE BOOKS, MANUSCRIPTS, PHOTOGRAPHS, MAPS, PAINTINGS, PRINTS, SCULPTURES, DECORATIVE ARTS.* AWARDS $1.8 MILLION IN FELLOWSHIPS (THROUGH A PEER-REVIEW PROCESS) TO SCHOLARS FOR ADVANCED HUMANITIES RESEARCH.* EDUCATES THOUSANDS OF SCHOOL CHILDREN AND THEIR TEACHERS IN ART, HISTORY, LITERATURE, AND BOTANICAL SCIENCE THROUGH SPECIAL TOURS AND PROGRAMS.* ORGANIZES SPECIAL EXHIBITIONS TO ENHANCE THE VISITOR EXPERIENCE, INTERPRET THE COLLECTIONS, AND FACILITATE LEARNING.* HOSTS MORE THAN 800,000 VISITORS.THE HUNTINGTON HAS A MEMBERSHIP TOTALING NEARLY 54,000 HOUSEHOLDS, AN ACTIVE VOLUNTEER CORPS OF MORE THAN 1,200, AND A FULL- AND PART-TIME STAFF OF ABOUT 500. IT IS AN INDEPENDENT NON-PROFIT ORGANIZATION, SUPPORTED BY GIFTS AND GRANTS FROM INDIVIDUALS, CORPORATIONS, FOUNDATIONS, AND GOVERNMENT AGENCIES AND BY A PRIVATE ENDOWMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory A Pieschala Chairman | OfficerTrustee | 10 | $0 |
Andrew Barth Trustee | Trustee | 10 | $0 |
Christine Bender Trustee | Trustee | 10 | $0 |
Simon Kc Li Trustee | Trustee | 10 | $0 |
J Mario Molina Trustee | Trustee | 10 | $0 |
Wendy Munger Trustee | Trustee | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Munger Tolles & Olson Llp Legal Services | 6/29/22 | $140,847 |
Snyder Langston Llc Contractor Services | 6/29/22 | $2,433,791 |
Star Insights Llc Consulting Services | 6/29/22 | $135,000 |
Teclaunch Llc Software Licensing & It | 6/29/22 | $130,515 |
Samuel Anderson Architects Contractor Services | 6/29/22 | $124,682 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $273,652 |
| All other contributions, gifts, grants, and similar amounts not included above | $67,789,698 |
| Noncash contributions included in lines 1a–1f | $11,759,950 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,063,350 |
| Total Program Service Revenue | $15,439,604 |
| Investment income | $9,879,855 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,424,931 |
| Net Income from Fundraising Events | -$9,643 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,063,636 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $128,861,733 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,963,626 |
| Grants and other assistance to Foreign Orgs/Individuals | $152,775 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,749,067 |
| Compensation of current officers, directors, key employees. | $1,483,449 |
| Compensation to disqualified persons | $192,393 |
| Other salaries and wages | $24,780,359 |
| Pension plan accruals and contributions | $1,882,916 |
| Other employee benefits | $4,731,311 |
| Payroll taxes | $1,970,670 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $259,968 |
| Fees for services: Accounting | $151,587 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,417,820 |
| Fees for services: Other | $4,751,414 |
| Advertising and promotion | $344,710 |
| Office expenses | $5,091,163 |
| Information technology | $2,330,775 |
| Royalties | $0 |
| Occupancy | $2,713,573 |
| Travel | $559,453 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $116,552 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,053,786 |
| Insurance | $994,561 |
| All other expenses | $0 |
| Total functional expenses | $100,849,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,181,266 |
| Savings and temporary cash investments | $109,750,672 |
| Pledges and grants receivable | $22,746,736 |
| Accounts receivable, net | $627,050 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $896,373 |
| Prepaid expenses and deferred charges | $419,012 |
| Net Land, buildings, and equipment | $124,324,551 |
| Investments—publicly traded securities | $569,220,845 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,147,475 |
| Total assets | $862,313,980 |
| Accounts payable and accrued expenses | $14,251,343 |
| 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 | $11,678,427 |
| Total liabilities | $25,929,770 |
| Net assets without donor restrictions | $390,311,354 |
| Net assets with donor restrictions | $446,072,856 |
| 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 | $862,313,980 |