Museum Trustee Association
- Assets
- $344.0k
- Revenue
- $275.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Baltimore, MD
- Founding
- 09/1986
- Data as of
- 12/2021
- EIN
- 22-2710588
Organization Overview
Museum Trustee Association is located in Baltimore, MD. The organization was established in 1986. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Museum Trustee Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Museum Trustee Association 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 12/2021, Museum Trustee Association generated $275.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $265.2k during the year ending 12/2021. While expenses have increased by 4.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PROGRAMS, FORUMS AND SERVICES THAT SUPPORT MUSEUM TRUSTEES IN THEIR ROLES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEWSLETTER - TO INFORM THE MTA NETWORK OF THE ACCOMPLISHMENTS OF THE ASSOCIATION AND NEW DEVELOPMENTS IN THE INDUSTRY.
MEETINGS & EVENTS - AN OPPORTUNITY FOR THE MTA NETWORK TO GATHER AND DISCUSS NEW DEVELOPMENTS IN THE INDUSTRY, SHARE BEST GOVERNANCE PRACTICES, AND EXCHANGE IDEAS.
MEMBERSHIP & TRUSTEES - PROVIDING SERVICES TO MEMBERS IN ORDER TO FACILITATE RESEARCH AND INFORMATION SHARING ABOUT ACTIVITIES WITHIN THE INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne M Lampe President | Trustee | 40 | $135,000 |
Richard J Kelly Treasurer | Trustee | 0 | $0 |
Murray R Tarnapoll Director | Trustee | 0 | $0 |
Margaret Benjamin Second Vice Chairman | Trustee | 0 | $0 |
Andrew L Camden Chairman Emeritus And Dire | Trustee | 0 | $0 |
Georgina T Russo Chairman | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $33,999 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $241,354 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $275,353 |
| Total Program Service Revenue | $0 |
| Investment income | $493 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $275,846 |
| 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. | $169,000 |
| Compensation of current officers, directors, key employees. | $74,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,021 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $835 |
| Advertising and promotion | $954 |
| Office expenses | $5,726 |
| Information technology | $7,206 |
| Royalties | $0 |
| Occupancy | $12,000 |
| Travel | $5,226 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,940 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,495 |
| All other expenses | $35 |
| Total functional expenses | $265,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,486 |
| Savings and temporary cash investments | $269,511 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $343,997 |
| Accounts payable and accrued expenses | $0 |
| 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 | $33,403 |
| Total liabilities | $33,403 |
| Net assets without donor restrictions | $310,594 |
| Net assets with donor restrictions | $0 |
| 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 | $343,997 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Museum Trustee Association has recieved totaling $117,500.
| Awarding Organization | Amount |
|---|---|
Wyoming Philanthropic Trust Inc Naples, FL PURPOSE: GENERAL | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $39,000 |
Smart Family Foundation Of Illinois Chicago, IL PURPOSE: CULTURAL, HISTORICAL & OTHER EDUCATIONAL | $10,000 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: GENERAL OPERATIONS | $7,500 |
Wetsman Foundation Birmingham, MI PURPOSE: UNRESTRICTED CHARITABLE GIFT | $5,000 |
Wyoming Philanthropic Trust Inc Naples, FL PURPOSE: GENERAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ncta-The Internet & Television Association Washington, DC | $96,448,657 | $68,043,969 |
American Institute Of Architects Washington, DC | $228,151,100 | $44,067,877 |
National Council Of Architectural Registration Boards Washington, DC | $46,963,365 | $34,196,045 |
American Society Of Landscape Architects Inc Washington, DC | $17,442,651 | $12,339,355 |
News Media Alliance Arlington, VA | $20,710,538 | $7,719,219 |
American Association Of Museums Arlington, VA | $11,405,115 | $9,674,597 |
American Press Institute Inc Arlington, VA | $55,812,695 | $5,259,956 |
National Art Education Association Alexandria, VA | $5,332,373 | $7,206,215 |
National Communication Association Washington, DC | $10,518,840 | $3,243,981 |
Architectural Woodwork Institute Potomac Falls, VA | $9,021,141 | $4,703,574 |
National Assembly Of State Arts Agencies Washington, DC | $2,542,835 | $4,408,580 |
Americas Public Television Stations Arlington, VA | $4,157,249 | $3,714,943 |