Owensboro Museum Of Fine Art Foundation Inc

Organization Overview

Owensboro Museum Of Fine Art Foundation Inc is located in Owensboro, KY. The organization was established in 1996. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Owensboro Museum Of Fine Art Foundation 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 06/2022, Owensboro Museum Of Fine Art Foundation Inc generated $985.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $516.0k during the year ending 06/2022. While expenses have increased by 2.2% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO FAMILIARIZE THE PUBLIC WITH FINE ART BY SUPPORTING THE ACTIVITIES OF THE OWENSBORO MUSEUM OF FINE ART.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE PROGRAM SUPPORT TO THE OWENSBORO MUSEUM OF FINE ART, INCLUDING MAINTAINING AND EXHIBITING PERMANENT ART COLLECTION TO THE GENERAL PUBLIC.


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Board, Officers & Key Employees

Name (title)Compensation
Mary Bryan Hood
President/director
$20,882
B Dean Stanley
Chairman Emeritus
$0
Dr James F Naas
Chairman
$0
Dr R Wathen Medley Jr
Lifetime Director
$0
Gail Reisz Branch
Board Member
$0
H Dean Jones II
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$977,544
Noncash contributions included in lines 1a–1f $102,000
Total Revenue from Contributions, Gifts, Grants & Similar$977,544
Total Program Service Revenue$0
Investment income $463
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,500
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $3,924
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $701
Miscellaneous Revenue$0
Total Revenue $985,132

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Owensboro Museum Of Fine Art Foundation Inc has recieved totaling $25,000.

Awarding OrganizationAmount
Owensboro Health Regional Hospital

Owensboro, KY

PURPOSE: Community Support

$25,000
View Grant Recipient Profile

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