James A Michener Art Museum
- Assets
- $31.2m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 40
- Location
- Doylestown, PA
- Founding
- 04/1988
- Data as of
- 12/2022
- EIN
- 23-2471583
Organization Overview
James A Michener Art Museum is located in Doylestown, PA. The organization was established in 1988. 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 12/2022, James A Michener Art Museum employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James A Michener Art 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, James A Michener Art Museum generated $3.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $4.2m during the year ending 12/2022. While expenses have increased by 1.9% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
COLLECTS, PRESERVES, INTERPRETS AND EXHIBITS PRIMARILY AMERICAN ART.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM SERVES OVER 75,000 VISITORS ANNUALLY, INCLUDING 20,000 CHILDREN THROUGH CLASS TRIPS UNDERWRITTEN BY A CORPORATE SPONSOR AND THROUGH THE EDUCATION CLASSES AND CAMPS. THE MUSEUM HAS APPROXIMATELY 3,000 MEMBER HOUSEHOLDS, WHICH INCLUDES CORPORATE MEMBERS. THE MUSEUM OFFERS A VARIETY OF LECTURES, WORKSHOPS, CLASSES, MUSICAL PERFORMANCES AND OTHER ACTIVITIES RELATED TO ITS DIVERSE CHANGING EXHIBITIONS PROGRAM. THE MUSEUM'S FOCUSED PERMANENT COLLECTION IS SUPPLEMENTED BY OVER 10 CHANGING EXHIBITIONS ANNUALLY DRAWN FROM A BROAD RANGE OF ART, HISTORICAL AND CULTURAL GENRES. THE MUSEUM HAS PUBLISHED OVER 50 CATALOGUES DOCUMENTING ITS RESEARCH AND EXHIBITION ACTIVITIES DURING THE PAST THIRTY YEARS. AMERICAN PAINTINGS, DRAWINGS, SCULPTURE, CRAFT AND DECORATIVE OBJECTS COMPRISE THE PERMANENT COLLECTION OF OVER 3,500 ITEMS DOCUMENTING THE REGION'S RICH ARTISTIC HERITAGE FROM THE 19TH THROUGH THE 21ST CENTURIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Sigety Chair | OfficerTrustee | 4 | $0 |
William S Aichele Vice Chair (until Mar. 2022) | OfficerTrustee | 4 | $0 |
James Mckinney Vice Chair (from Apr. 2022) | OfficerTrustee | 4 | $0 |
Daniel Stern Treasurer | OfficerTrustee | 4 | $0 |
Rhoda Mckinney-Jones Secretary | OfficerTrustee | 4 | $0 |
Barbara Donnelly Bentivoglio Trustee | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Epps Advertising Marketing | 12/30/14 | $140,264 |
Adams-bickel Associates Llc Construction | 12/30/14 | $104,627 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $277,022 |
| Fundraising events | $183,950 |
| Related organizations | $0 |
| Government grants | $208,657 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,022,196 |
| Noncash contributions included in lines 1a–1f | $55,747 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,691,825 |
| Total Program Service Revenue | $410,686 |
| Investment income | $476,528 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $242,632 |
| Net Gain/Loss on Asset Sales | $739,489 |
| Net Income from Fundraising Events | -$43,278 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $72,870 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,591,644 |
| 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. | $213,104 |
| Compensation of current officers, directors, key employees. | $45,640 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,288,370 |
| Pension plan accruals and contributions | $15,877 |
| Other employee benefits | $93,621 |
| Payroll taxes | $123,279 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,467 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $45,824 |
| Fees for services: Other | $515,035 |
| Advertising and promotion | $40,717 |
| Office expenses | $51,348 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $245,509 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $709,077 |
| Insurance | $60,225 |
| All other expenses | $0 |
| Total functional expenses | $4,172,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,509,395 |
| Savings and temporary cash investments | $249,767 |
| Pledges and grants receivable | $2,451,332 |
| 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 | $55,671 |
| Prepaid expenses and deferred charges | $85,555 |
| Net Land, buildings, and equipment | $7,515,940 |
| Investments—publicly traded securities | $17,944,232 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,340,251 |
| Total assets | $31,152,143 |
| Accounts payable and accrued expenses | $108,518 |
| Grants payable | $0 |
| Deferred revenue | $36,475 |
| 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 | $15,758 |
| Unsecured mortgages and notes payable | $159,843 |
| Other liabilities | $20,600 |
| Total liabilities | $341,194 |
| Net assets without donor restrictions | $18,557,277 |
| Net assets with donor restrictions | $12,253,672 |
| 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 | $31,152,143 |