Bainbridge Island Museum Of Art, operating under the name Bima, is located in Bainbridge Island, WA. The organization was established in 2009. 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, Bima employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bima 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, Bima generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $3.6m during the year ending 12/2022. While expenses have increased by 6.7% 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
BAINBRIDGE ISLAND MUSEUM OF ART INSPIRES CURIOSITY, WONDER AND UNDERSTANDING BY CONNECTING PEOPLE WITH THE CONTEMPORARY ART AND CRAFT OF THE PUGET SOUND REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURATORIAL: AT THE CORE OF BIMA'S MISSION IS SHINING A LIGHT ON THE TALENTED AND DIVERSE ARTISTS OF THE PUGET SOUND REGION AND BEYOND. 2022 WAS A MILESTONE YEAR FOR THE MUSEUM. ALL OF OUR MAJOR EXHIBITIONS SET NEW STANDARDS FOR BOTH BIMA AND THE ROLE OF A SMALLER, COMMUNITY BASED ART MUSEUM. TIA BLASSINGAME & ELLEN SHETFIELD EXPLORED RACIAL, ENVIRONMENTAL AND LGBTQIA+ THEMES. 'AMERICANS INCARCERATED: A FAMILY'S STORY OF SOCIAL INJUSTICE', AN EXHIBITION BY JAN & CHRIS HOPKINS IN MEMORY OF THE 80TH ANNIVERSARY OF THE SIGNING OF EXECUTIVE ORDER 9066 TO ARTFULLY PROVIDE A WAY FOR PEOPLE TO BEGIN TO UNDERSTAND THIS DARK CHAPTER. THE FAMILY OF LEGENDARY ARTIST GEORGE TSUTAKAWA HONORED BIMA WITH THEIR REQUEST TO BE THE FIRST MAJOR EXHIBITION IN 30 YEARS, THE 'LANGUAGE OF NATURE' EXHIBITION. GINNY RUFFNER'S RETROSPECTIVE EXHIBITION 'WHAT IF?' DAZZLED GUESTS WITH HER PLAYFUL AND POWERFUL GLASSWORK MASTERY, CONCEPTUAL INSTALLATIONS AND COMPLEX TECHNOLOGICAL ENGINEERING THAT WERE DISGUISED AS COLORFUL AND INTERACTIVE MARVELS! BIMA SPOTLIGHTS ARTISTS IN VARIOUS STAGES OF THEIR CAREER AND WELCOMED A NEW ARTIST TO THE SCENE, BLAKE BLANCO'S EXHIBITION 'WE ALL DREAM'. EVA FUNDERBURGH EXHIBITION OF CERAMIC BEASTS TOOK GUESTS TO ANOTHER DIMENSION! BIMA WAS ALSO ENTRUSTED BY LOCAL CERAMIC AND TEXTILE ARTIST ELIZABETH DONNALLY DAVIDSON, AN ARTIST WHOSE PRACTICE GOES BACK SEVERAL DECADES, TO BE THE FIRST PLACE TO EVER SHOW HER WORK! THE SHERRY GROVER GALLERY, BIMA'S JEWEL BOX ROOM DEDICATED YEAR-ROUND TO ARTIST'S BOOKS, CONTINUED TO ELEVATE THE FORM AND EDUCATE GUESTS ABOUT THE POWERFUL ART FORM. WHETHER HIGHLIGHTING A SIMPLE PHOTOCOPIED AND FOLDED PIECE OF PAPER IN THE GROUP EXHIBITION 'A TO ZINE OR DISPLAYING THE INTRICATE AND DETAILED WORK OF A BOOK ARTIST LIKE COLETTE FU, DONALD GLAISTER OR ALISA BANKS, BIMA HAS BECOME A SPECIAL PLACE WHERE PEOPLE DISCOVER THIS AMAZING ART FORM FOR THE FIRST TIME.
CULTURAL & EDUCATIONAL PROGRAMS: BIMA'S EDUCATIONAL AND CULTURAL PROGRAMS CONTINUED TO SUPPORT THE COMMUNITY, INCLUDING PRODUCING AND PRESENTING MORE THAN 50 DIFFERENT FORMS OF PROGRAM OUTREACH. THE MUSEUM SPOTLIGHTED THE WORKS OF MORE THAN 100 OTHER ARTISTS OF MULTIPLE GENRES THROUGH DIGITAL PROGRAMS, FILMS, CONCERTS, POETRY, LECTURES, ART KIT DELIVERY, AND HUMANITIES PROGRAMS, BOTH AT THE MUSEUM AND VIRTUALLY. THIS INCLUDED OFF-SITE, DIGITAL AND LIVE PROGRAMS FROM THE UNTOLD STORIES AND WITHIN/EARSHOT JAZZ FESTIVAL TO A COMMUNITY CELEBRATION OF MARTIN LUTHER KING JR DAY AND DIA DE LOS MUERTOS, ALL AIMED AT KEEPING PEOPLE CONNECTED TO ART. BIMA PLACED A SPECIAL EMPHASIS ON REACHING VULNERABLE POPULATIONS AND THOSE EXPERIENCING CHALLENGES TO ARTS ENGAGEMENT, INCLUDING THOSE FACING ISOLATION, FINANCIAL HARDSHIP, AND HEALTH/MOBILITY CHALLENGES, AS WELL AS MAINTAINING ITS MISSION TO SHOWCASE AND AMPLIFY DIVERSE VOICES AND ART FORMS.
OTHER EVENTS: WITH BIMA'S DOORS WIDE OPEN, BIMA'S STAFF, VOLUNTEERS, PATRONS, ARTISTS AND ALL GUESTS ATTENDED COMMUNITY AND ART EVENTS TO CELEBRATE THE PACIFIC NORTHWEST'S AMAZING ARTISTS!
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elizabeth Walters Board President | OfficerTrustee | 5 | $0 |
Joe Wilcynski Treasurer | OfficerTrustee | 5 | $0 |
Jim Shore Secretary | OfficerTrustee | 5 | $0 |
Paul Castanon Secretary (thru 09/2022) | OfficerTrustee | 5 | $0 |
Chasity Malatesta Vice President | OfficerTrustee | 5 | $0 |
Dana Quitslund Vice President | OfficerTrustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $224,976 |
Fundraising events | $404,245 |
Related organizations | $0 |
Government grants | $203,900 |
All other contributions, gifts, grants, and similar amounts not included above | $4,024,023 |
Noncash contributions included in lines 1a–1f | $801,853 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,857,144 |
Total Program Service Revenue | $82,036 |
Investment income | $193,697 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$45,806 |
Net Gain/Loss on Asset Sales | $436,284 |
Net Income from Fundraising Events | -$19,706 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $263,036 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,766,737 |
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. | $220,743 |
Compensation of current officers, directors, key employees. | $103,096 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,440,276 |
Pension plan accruals and contributions | $25,786 |
Other employee benefits | $151,393 |
Payroll taxes | $171,188 |
Fees for services: Management | $0 |
Fees for services: Legal | $295 |
Fees for services: Accounting | $31,078 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $66,435 |
Fees for services: Other | $22,313 |
Advertising and promotion | $85,789 |
Office expenses | $79,345 |
Information technology | $57,686 |
Royalties | $0 |
Occupancy | $286,752 |
Travel | $30,032 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,974 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $296,486 |
Insurance | $24,547 |
All other expenses | $34,260 |
Total functional expenses | $3,600,127 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,074,255 |
Savings and temporary cash investments | $1,896,332 |
Pledges and grants receivable | $60,000 |
Accounts receivable, net | $57,934 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $49,818 |
Prepaid expenses and deferred charges | $33,436 |
Net Land, buildings, and equipment | $11,383,563 |
Investments—publicly traded securities | $7,947,491 |
Investments—other securities | $290,000 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $25,200 |
Total assets | $22,818,029 |
Accounts payable and accrued expenses | $239,761 |
Grants payable | $0 |
Deferred revenue | $12,730 |
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 | $26,200 |
Total liabilities | $278,691 |
Net assets without donor restrictions | $14,537,585 |
Net assets with donor restrictions | $8,001,753 |
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 | $22,818,029 |