George Eastman Museum is located in Rochester, NY. The organization was established in 1949. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, George Eastman Museum employed 140 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George Eastman Museum 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 12/2022, George Eastman Museum generated $12.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $9.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOUNDED IN 1947, THE GEORGE EASTMAN MUSEUM IS THE WORLD'S OLDEST (CONTINUED ON SCHEDULE O)PHOTOGRAPHY MUSEUM AND ONE OF THE FOREMOST FILM ARCHIVES IN THE UNITED STATES. THE MUSEUM IS LOCATED ON THE HISTORIC ESTATE OF ENTREPRENEUR AND PHILANTHORPIST GEORGE EASTMAN, THE PIONEER OF POPULAR PHOTOGRAPHY AND A LEADER IN THE DEVELOPMENT OF MOTION PICUTRE FILM. ITS HOLDINGS COMPRISE MORE THAN 400,000 PHOTOGRAPHS; 28,000 MOTION PICTURE FILMS; THE WORLD'S PREEMINENT COLLECTION OF PHOTOGRAPHIC AND CINEMATOGRAPHIC TECHNOLOGY; ONE OF THE LEADING LIBRARIES OF BOOKS RELATED TO PHOTOGRAPHY AND CINEMA; AND EXTENSIVE HOLDINGS OF DOCUMENTS AND OTHER OBJECTS RELATED TO GEORGE EASTMAN. AS A RESEARCH AND TEACHING INSTITUTION, THE MUSEUM HAS AN ACTIVE PUBLISHING PROGRAM AND HAS MADE CRITICAL CONTRIBUTIONS IN THE FIELDS OF FILM PRESERVATION AND PHOTOGRAPHIC CONSERVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM OPERATING ACTIVITIES AND FUNCTIONS: IN 2022, APPROXIMATELY 82,000 PEOPLE VISITED THE GEORGE EASTMAN MUSEUM, CONTINUING THE REBOUND FROM OUR PANDEMIC-RELATED CLOSINGS. THIS LARGE INFLUX OF VISITORS WAS FROM THE ROCHESTER COMMUNITY AND FROM AROUND THE WORLD. OUR VISITORS EXPERIENCED PHOTOGRAPHIC EXHIBITIONS, SELF-GUIDED AND MOBILE TOURS OF THE HISTORIC HOUSE AND GARDENS, FILM SCREENINGS, A DISCOVERY ROOM FOR INTERACTIVE LEARNING, AND THE MUSEUM STORE AND EATERY. THE MUSEUM CONTINUED TO OFFER A ROBUST SCHEDULE OF ONLINE PROGRAMING THAT FOSTERED ENGAGEMENT WITH A GLOBAL AUDIENCE. (CONTINUED ON SCHEDULE O)THE MUSEUM EXPANDED ITS RESOURCES THAT ARE ACCESSIBLE ONLINE, INCLUDING ITS ONLINE DATABASE OF OUR COLLECTIONS, ONLINE FINDING AIDS FROM OUR ARCHIVAL HOLDINGS, AND AN EXTENSIVE ARRAY OF ONLINE AUDIO AND VIDEO RECORDINGS. THE MUSEUM'S L. JEFFREY SELZNICK SCHOOL OF FILM PRESERVATION, ONE OF THE FIRST GRADUATE SCHOOL PROGRAMS IN FILM PRESERVATION, WITH MORE THAN 275 ALUMNI EMPLOYED IN PROFESSIONAL POSITIONS IN 29 COUNTRIES, FURTHER DEVELOPED ITS CURRICULUM RELATED TO DIGITAL PRESERVATION TECHNIQUES. THE MUSEUM REVITALIZED AND RENEWED ITS INCLUSIVE EDUCATION AND OUTREACH EFFORTS, WHICH ARE DEDICATED TO THE DIVERSE POPULATION OF K-12 STUDENTS AND FAMILIES IN THE ROCHESTER COMMUNITY. THE MUSEUM CREATED AND PROVIDED FOR PRE-K THROUGH COLLEGE AGE STUDENTS EXPERIENCES THAT EMPHASIZE PARTICIPATORY LEARNING AS WELL AS FOSTER VISUAL AND DIGITAL LITERACY, THE HISTORY OF PHOTOGRAPHY AND GLOBAL COMPETENCE.
COLLECTIONS, PRESERVATION AND EXHIBITIONS: THE MUSEUM IS THE STEWARD OF THE WORLD'S LEADING COLLECTION COVERING THE FIELDS OF PHOTOGRAPHY, CINEMA AND RELATED TECHNOLOGY, AS WELL AS GEORGE EASTMAN'S HISTORIC MANSION, GARDENS, FURNITURE, DECORATIVE OBJECTS, AND PERSONAL PAPERS. IN 2022, THE MUSEUM ACQUIRED 2,382 OBJECTS, DISPLAYED 7 EXHIBITIONS, AND LENT COLLECTION OBJECTS TO NUMEROUS MUSEUMS AROUND THE WORLD. DURING 2022, THE MUSEUM DISPLAYED THE EXHIBITION "JOSHUA RASHAAD MCFADDEN: I BELIEVE I'LL RUN ON", WHICH USED PHOTOGRAPHY TO CRITICALLY EXAMINE RACE, MASCULINITY, SEXUALITY, AND GENDER IN THE UNITED STATES. (CONTINUED ON SCHEDULE O) THE MUSEUM IS ONE OF THE LEADING MOTION PICTURE ARCHIVES IN THE WORLD, HOME TO MORE THAN 28,000 FILM TITLES, 3 MILLION OBJECTS OF CINEMATIC EPHEMERA, A FILM SCREENING PROGRAM, AND AN ACTIVE FILM PRESERVATION AND DIGITIZATION PROGRAM. THE MUSEUM RUNS AN ACTIVE BOOK PUBLISHING PROGRAM FOCUSED ON CATALOGS OF THE EXHIBITIONS RECOGNIZED BY THE MUSEUM AND SUBJECTS RELATED TO THE MUSEUM'S COLLECTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nannette Nocon Chair | OfficerTrustee | 10 | $0 |
Kevin P Gavagan Trustee | Trustee | 1 | $0 |
Kevin Glazer Vice Chair | OfficerTrustee | 2 | $0 |
Steven L Schwartz Vice Chair | OfficerTrustee | 2 | $0 |
Christine B Whitman Treasurer | OfficerTrustee | 2 | $0 |
Bruce Barnes Director | OfficerTrustee | 60 | $217,632 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Udn Inc General Contractor | 12/30/22 | $477,688 |
Postler & Jaeckle Facility Maintenance And Repair Service | 12/30/22 | $319,581 |
Ctsm Corp General Contractor | 12/30/22 | $173,903 |
Northwood Historic Restoration General Contractor | 12/30/22 | $100,541 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,045,112 |
All other contributions, gifts, grants, and similar amounts not included above | $7,249,614 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,294,726 |
Total Program Service Revenue | $1,683,972 |
Investment income | $693,432 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,029 |
Net Gain/Loss on Asset Sales | $1,673,827 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $252,882 |
Miscellaneous Revenue | $0 |
Total Revenue | $12,602,150 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $498,117 |
Compensation of current officers, directors, key employees. | $241,053 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,899,681 |
Pension plan accruals and contributions | $731 |
Other employee benefits | $439,050 |
Payroll taxes | $311,897 |
Fees for services: Management | $0 |
Fees for services: Legal | $10,192 |
Fees for services: Accounting | $35,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $73,661 |
Fees for services: Other | $209,984 |
Advertising and promotion | $98,310 |
Office expenses | $255,888 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $56,519 |
Travel | $92,977 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $34,830 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $697,031 |
Insurance | $89,218 |
All other expenses | $398,622 |
Total functional expenses | $8,979,580 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,688 |
Savings and temporary cash investments | $2,484,990 |
Pledges and grants receivable | $7,292,810 |
Accounts receivable, net | $128,689 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $28,901 |
Prepaid expenses and deferred charges | $149,635 |
Net Land, buildings, and equipment | $13,276,916 |
Investments—publicly traded securities | $27,288,504 |
Investments—other securities | $5,035,839 |
Investments—program-related | $0 |
Intangible assets | $3,246 |
Other assets | $263,432 |
Total assets | $55,954,650 |
Accounts payable and accrued expenses | $778,213 |
Grants payable | $0 |
Deferred revenue | $2,817,149 |
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 | $776,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $244,001 |
Total liabilities | $4,615,363 |
Net assets without donor restrictions | $11,904,837 |
Net assets with donor restrictions | $39,434,450 |
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 | $55,954,650 |