Philadelphia Museum Of Art

Organization Overview

Philadelphia Museum Of Art is located in Philadelphia, PA. The organization was established in 1943. 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, Philadelphia Museum Of Art employed 538 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Museum Of 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 06/2021, Philadelphia Museum Of Art generated $116.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $64.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PHILADELPHIA MUSEUM OF ART, IN PARTNERSHIP WITH THE CITY, THE (SEE SCHEDULE O FOR MORE DETAILS.) REGION,AND ART MUSEUMS AROUND THE GLOBE, SEEKS TO PRESERVE, ENHANCE, INTERPRET, AND EXTEND THE REACH OF ITS GREAT COLLECTIONS IN PARTICULAR, AND THE VISUAL ARTS IN GENERAL, TO AN INCREASING AND INCREASINGLY DIVERSE AUDIENCE AS A SOURCE OF DELIGHT, ILLUMINATION AND LIFELONG LEARNING.

Describe the Organization's Program Activity:

EXHIBITIONS, CURATORIAL, AND COLLECTIONS (SEE SCHEDULE O FOR ADDITIONAL INFORMATION)SINCE OUR FOUNDING AT THE 1876 CENTENNIAL EXHIBITION, THE PHILADELPHIA MUSEUM OF ART HAS ACCUMULATED ONE OF THE WORLD'S LEADING ART COLLECTIONS WITH 250,000 WORKS SPANNING 4,000 YEARS. HIGHLIGHTS OF THE COLLECTION INCLUDE: THE WORLD'S LARGEST AND MOST IMPORTANT COLLECTION OF WORKS BY MARCEL DUCHAMP. THE GREATEST COLLECTION OF SCULPTURE BY CONSTANTIN BRANCUSI OUTSIDE EUROPE. (SEE SCHEDULE O FOR MORE DETAILS) THE FINEST PUBLIC COLLECTION OF AUGUSTE RODIN'S SCULPTURE IN THE UNITED STATES. SUPERB IMPRESSIONIST AND POST-IMPRESSIONIST PAINTINGS, INCLUDING PAUL CZANNE'S THE LARGE BATHERS, VINCENT VAN GOGH'S SUNFLOWERS, AND IMPORTANT PAINTINGS BY DOUARD MANET, CLAUDE MONET, PIERRE-AUGUSTE RENOIR, CAMILLE PISSARRO, AND EDGAR DEGAS. EXCEPTIONAL AMERICAN PAINTING, SCULPTURE, FURNITURE, SILVER, AND CERAMICS-INCLUDING THE REMARKABLE CREATIONS OF THE SHAKERS AND PENNSYLVANIA GERMANS THAT REFLECT PHILADELPHIA'S CENTRAL ROLE IN AMERICAN HISTORY. EXTRAORDINARY PERIOD ROOMS AND ARCHITECTURAL ENSEMBLES FROM AROUND THE WORLD.THE MUSEUM'S LANDMARK MAIN BUILDING OPENED IN 1928 AT THE WESTERN END OF THE BENJAMIN FRANKLIN PARKWAY. OTHER BUILDINGS THAT MAKE UP THE CAMPUS INCLUDE THE PERELMAN BUILDING, THE RODIN MUSEUM, AND THE TWO GREAT EIGHTEENTH-CENTURY HOUSES IN FAIRMOUNT PARK, MOUNT PLEASANT AND CEDAR GROVE. THE PAST YEAR WAS ONE OF THE MOST MOMENTOUS IN THE MUSEUM'S HISTORY, BRINGING THE MILESTONE COMPLETION OF THE CORE PROJECT AFTER YEARS OF PLANNING AND PREPARATION. THE CORE PROJECT CONSTRUCTION ENCOMPASSED 140,000 SQUARE FEET ON THREE LEVELS OF THE NINETY-YEAR-OLD BUILDING, INCLUDING 90,000 SQUARE FEET OF NEW PUBLIC SPACE AND MORE THAN 20,000 SQUARE FEET OF NEW GALLERY SPACE, ALL WITHOUT CLOSING TO THE PUBLIC OR EXPANDING THE BUILDING FOOTPRINT. THE ENTIRE DESIGN, CONCEIVED BY RENOWNED ARCHITECT FRANK GEHRY, REFLECTS THE UTMOST CARE AND RESPECT FOR THE ORIGINAL ARCHITECTURE, IN THE CHOICE OF MATERIALS, THE LAYOUT OF NEW SPACES, AND ALL THE NEW ELEMENTS. THE NEW SPACES WILL MAKE A LASTING DIFFERENCE FOR OUR VISION TO BE A PLACE THAT IS WELCOMING FOR ALL AND THEY BRING MANY LONG TERM BENEFITS: SHARING MORE OF THE COLLECTION, ENGAGING NEW AND MORE DIVERSE AUDIENCES, AND STEWARDING OUR HISTORIC BUILDING TO SERVE FUTURE GENERATIONS. WITH THE COMPLETION OF THE CORE PROJECT IN MAY 2021, WE UNVEILED A NEW SUITE OF GALLERIES DEVOTED TO AMERICAN ART FROM THE EARLY SEVENTEENTH CENTURY TO AROUND 1850. THE 10,000-SQUARE-FOOT SPACE HAS BEEN INSTALLED TO TELL THE STORY OF HOW PHILADELPHIA BECAME THE YOUNG NATION'S CULTURAL CAPITAL, AND HOW BLACK, INDIGENOUS, AND LATIN AMERICAN ARTISTS CONTRIBUTED TO THE DEVELOPMENT OF AMERICAN ART. THESE NEW GALLERIES HAVE WELCOMED MORE THAN 46,000 IN-PERSON MUSEUM VISITORS TO DATE.THE CORE PROJECT ALSO CREATED 10,000 SQUARE FEET OF GALLERY SPACE FOR MODERN AND CONTEMPORARY ART. THE INAUGURAL PRESENTATION, ENTITLED NEW GRIT: ART AND PHILLY NOW (MAY 7-AUGUST 22, 2021), FEATURED TWENTY-FIVE LIVING ARTISTS CONNECTED TO OR INSPIRED BY OUR CITY, SPANNING INSTALLATION, FILM, DIGITAL ART, PHOTOGRAPHY, PAINTING, FIBER ART, SCULPTURE, AND PERFORMANCE. ADDITIONALLY, SENGA NENGUDI: TOPOLOGIES (MAY 2 - JULY 25, 2021) WAS THE MUSEUM'S FIRST MAJOR MONOGRAPHIC EXHIBITION OF A BLACK FEMALE ARTIST. A LEADER OF THE 1970S BLACK AMERICAN AVANT-GARDE, NENGUDI HAS BUILT A POWERFUL AND INNOVATIVE BODY OF WORK ROOTED IN HER COMMITMENT TO COLLABORATION. ATTENDANCE WAS 49,000 VISITS, 40% OF ALL MAIN BUILDING VISITS. DUE TO THE PANDEMIC, THE MUSEUM CONTINUED TO OPERATE WITH LIMITED PUBLIC HOURS AT THE MAIN BUILDING AND RODIN LOCATIONS, CLOSURES AT ALL OUR OTHER LOCATIONS, AND SOCIAL DISTANCING RESTRICTIONS THAT HINDERED OUR REGULAR, PRE-PANDEMIC PROGRAMMING. HOWEVER, THE CALIBER OF EXHIBITIONS PRESENTED DURING THE PAST YEAR ENCOURAGED VISITORS TO RETURN TO OUR GALLERIES, AND ONLINE PARTICIPATION. THE MUSEUM CONTINUED TO PROGRESS ON THE COMPREHENSIVE DIVERSITY, EQUITY, INCLUSION, AND ACCESS (DEIA) INITIATIVE THAT LAUNCHED IN 2020. WE COMPLETED A MUSEUM-WIDE ASSESSMENT USING THE INTERCULTURAL DEVELOPMENTAL INVENTORY; TRAININGS FOR BOARD, STAFF, AND VOLUNTEERS; A SERIES OF GUEST SPEAKERS FROM THE BROADER MUSEUM FIELD; A DEIA STATEMENT ADOPTED BY THE BOARD OF TRUSTEES; AND THE CREATION OF EMPLOYEE RESOURCE GROUPS FOR STAFF FROM HISTORICALLY MARGINALIZED BACKGROUNDS (BIPOC AND LGBTQ). IN JUNE 2021, ALPHONSO ATKINS JR. WAS APPOINTED AS THE MILLER WORLEY DEPUTY DIRECTOR FOR DIVERSITY, EQUITY, INCLUSION, AND ACCESS, A NEWLY ESTABLISHED AND ENDOWED POSITION.


EDUCATION, LIBRARY, AND COMMUNITY PROGRAMS FOR CHILDREN, DISABLED, AND GENERAL PUBLIC TO PROVIDE A BETTER UNDERSTANDING OF MUSEUM'S COLLECTION AND ART IN GENERAL. (SEE SCHEDULE O FOR ADDITIONAL INFORMATION)EDUCATION IS AT THE VERY HEART OF OUR MISSION, AND A PRIMARY MEANS OF SERVING OUR VISITORS AND ENGAGING NEW AUDIENCES. WORKING COLLABORATIVELY WITH PARTNERS LIKE THE SCHOOL DISTRICT OF PHILADELPHIA (SDP) AND OTHER COMMUNITY STAKEHOLDERS ALLOWS US TO CREATE PROGRAMS FOR OUR VISITORS THAT RESPOND DIRECTLY TO THEIR NEEDS. OUR LONGSTANDING RELATIONSHIP WITH THE SDP HAS RESULTED IN THE CREATION OF VIRTUAL FIELD TRIPS, MODELED ON OUR MOST POPULAR SCHOOL OFFERING: SINGLE-VISIT TOURS. (SEE SCHEDULE O FOR MORE DETAILS)THESE VIRTUAL FIELD TRIPS ARE FREE OF CHARGE FOR PHILADELPHIA PUBLIC AND CHARTER SCHOOLS. DURING THE 2020-21 SCHOOL YEAR, THE MUSEUM SERVED 9,125 STUDENTS THROUGH THIS PROGRAM. OVER 90% OF THOSE PARTICIPANTS REPRESENT PHILADELPHIA PUBLIC AND CHARTER SCHOOLS. WE ALSO INTRODUCED VIRTUAL EDUCATOR PROFESSIONAL DEVELOPMENT AND PROVIDED DIGITAL CURRICULUM RESOURCES FOR BOTH EDUCATORS AND KIDS AT HOME.SIMILARLY, VIRTUAL PROGRAMS LIKE ART MUSEUM PLAYDATES FROM HOME AND DIGITAL RESOURCES LIKE LET'S LOOK VIDEOS PROVIDED OPPORTUNITIES FOR FAMILIES TO ENGAGE IN CREATIVE PLAY AND REMAIN CONNECTED TO THE MUSEUM WHILE LEARNING FROM THE SAFETY AND COMFORT OF HOME. THIS PAST SUMMER, THE MUSEUM DEEPENED OUR COMMITMENT TO FAMILIES WITH THE LAUNCH OF ART KIDS TO SEND THE STRONG MESSAGE THAT WE OFFER UNPARALLELED EXPERIENCES FOR CHILDREN WHENEVER THEY VISIT. ART KIDS IS OUR FIRST COMPREHENSIVE AUDIENCE ENGAGEMENT INITIATIVE FOLLOWING PANDEMIC CLOSURES. A SAFE AND GRADUAL RETURN TO IN-PERSON PROGRAMS FOR CHILDREN AND FAMILIES WAS IDENTIFIED AS A KEY STRATEGY FOR THE MUSEUM'S RECOVERY. THIS INITIATIVE SEEKS TO REBUILD OUR LOYAL FAMILY AUDIENCE BASE, TO RE-ENGAGE WITH THE PHILADELPHIA COMMUNITY MORE BROADLY, AND TO RESTORE EARNED INCOME STREAMS. ART KIDS ENCOMPASSES ART MAKING PROGRAMS, PLAYDATES, DISTRIBUTABLE ART MAKING KITS, AND SPECIAL EVENTS, ALL OF WHICH AIM TO BRING OUR COLLECTION OF SOME 250,000 WORKS OF ART TO LIFE FOR CHILDREN.THROUGHOUT THE YEAR, THE MUSEUM OFFERED VIRTUAL PROGRAMS FOR ADULT AUDIENCES, SUCH AS LECTURES WITH GUEST ARTISTS AND SCHOLARS. THE PROGRAM SCHEDULE RANGED FROM DEEP DIVES INTO THE HISTORY OF A SINGLE ARTIST LIKE HORACE PIPPIN OR MARY CASSATT TO INTERACTIVE PROGRAMS THAT FOCUS ON INDIVIDUAL CREATIVITY AND WELLNESS. LECTURES AND CONVERSATIONS COMPLEMENTED SPECIAL EXHIBITIONS THAT FEATURE WORKS OF CONTEMPORARY ARTISTS


AUXILIARY ACTIVITIES AND PUBLIC RELATIONS, (SEE SCHEDULE O FOR ADDITIONAL INFORMATION)THE MUSEUM WAS FORCED TO CLOSE TWICE DURING THE FISCAL YEAR ENDING JUNE 30, 2021 DUE TO GOVERNMENT MANDATES RELATED TO THE COVID-19 PANDEMIC. CONSEQUENTLY THE MUSEUM WAS ONLY OPEN ABOUT 32 WEEKS, AND WITH REDUCED CAPACITY, AND NUMBER OF DAYS OPEN. THE MUSEUM WELCOMED 192,297 VISITORS. WE ENGAGE VISITORS THROUGH CREATIVITY IN THE PRESENTATION AND INTERPRETATION OF OUR COLLECTION AND SPECIAL EXHIBITIONS. WE RECOGNIZE THAT SURPRISE, DELIGHT, AND INSPIRATION ARE ESSENTIAL TO THE EXPERIENCE OF GREAT WORKS OF ART.(SEE SCHEDULE O FOR MORE DETAILS)THE MUSEUM IS COMMITTED TO MAKING THE MUSEUM WELCOMING AND ACCESSIBLE TO ALL. IN FISCAL YEAR 2021 THE MUSEUM OFFERED APPROXIMATELY 40 PAY WHAT YOU WISH DAYS, INCLUDING WEEKDAY EVENING EVERY WEEK, THE FIRST SUNDAY OF EACH MONTH AND MARTIN LUTHER KING DAY.THE MUSEUM ENGAGES VISITORS THROUGH CREATIVITY IN THE PRESENTATION AND INTERPRETATION OF OUR COLLECTION AND SPECIAL EXHIBITIONS (SEE DETAILED EXHIBITION INFORMATION FOR FISCAL YEAR 2021 ABOVE). WE RECOGNIZE THAT SURPRISE, DELIGHT, AND INSPIRATION ARE ESSENTIAL TO THE EXPERIENCE OF GREAT WORKS OF ART. THE MUSEUM MEMBERSHIP PROGRAM PROVIDES UNLIMITED ACCESS TO THE MUSEUM DURING OPERATING HOURS, AS WELL AS PROGRAMING AND EVENTS THAT ENHANCE THE MEMBER EXPERIENCE.


IMPACT OF COVID-19IN EARLY 2020, AN OUTBREAK OF THE NOVEL STRAIN OF CORONAVIRUS (COVID-19) EMERGED GLOBALLY. AS A RESULT, THERE HAVE BEEN MANDATES FROM FEDERAL, STATE AND LOCAL AUTHORITIES RESULTING IN AN OVERALL DECLINE IN ECONOMIC ACTIVITY. THE PANDEMIC MAY CONTINUE TO ADVERSELY AFFECT OPERATIONS AND FINANCIAL CONDITION, INCLUDING BUT NOT LIMITED TO THE ABILITY OF THE MUSEUM TO REMAIN OPEN TO THE PUBLIC, STATE AND LOCAL SUPPORT, AND FINANCIAL MARKETS, IMPACTING INVESTMENT VALUATIONS AND INTEREST RATES. THE MUSEUM CONTINUES TO MONITOR THE PANDEMIC AND IS PREPARED TO TAKE ADDITIONAL MEASURES TO PROTECT THE FINANCIAL HEALTH OF THE MUSEUM AND PROMOTE THE CONTINUITY OF ITS MISSION. UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT SEVERAL RELIEF PROGRAMS WERE CREATED INCLUDING THE PAYCHECK PROTECTION PROGRAM (PPP), AND THE EMPLOYEE RETENTION CREDIT (ERC). THE MUSEUM RECEIVED BENEFITS UNDER BOTH PROGRAMS. CARES ACT SUPPORT RECEIVED BY THE MUSEUM, WHICH REPRESENTS NON-RECURRING FEDERAL AID AWARDS DURING THE YEAR ENDED JUNE 30, 2021, IS AS FOLLOWS: FORGIVENESS OF PPP LOAN (INCLUDING INTEREST) $ 5,158,264EMPLOYEE RETENTION CREDITS 4,753,220TOTAL CARES ACT SUPPORT $ 9,909,484


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Dan Lepore & Sons
Construction
$5,132,582
Allied Universal Security Services
Security
$2,680,772
Philadelphia D&m Inc
Construction
$2,628,944
Berlin Steel Construction Co
Construction
$2,275,418
Lf Driscoll Company Llc
Construction
$2,380,162
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$3,444,831
Fundraising events$334,925
Related organizations$0
Government grants $16,480,994
All other contributions, gifts, grants, and similar amounts not included above$73,670,786
Noncash contributions included in lines 1a–1f $11,460,242
Total Revenue from Contributions, Gifts, Grants & Similar$93,931,536
Total Program Service Revenue$2,410,840
Investment income $4,470,258
Tax Exempt Bond Proceeds $0
Royalties $53,595
Net Rental Income $0
Net Gain/Loss on Asset Sales $14,555,825
Net Income from Fundraising Events -$136,925
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $791,165
Miscellaneous Revenue$0
Total Revenue $116,812,968

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Philadelphia Museum Of Art has recieved totaling $2,500.

Awarding OrganizationAmount
Dry Fam Charitable Foundation Tr

Philadelphia, PA

PURPOSE: EDUCATIONAL PURPOSES

$2,500
Philadelphia Fountain Society

Philadelphia, PA

PURPOSE: ASSIST MISSION

$0
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$463,466,012
Earnings$149,145,849
Net Contributions$22,306,097
Other Expense$27,381,223
Ending Balance$607,536,735

Peer Organizations

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