Rock And Roll Hall Of Fame And Museum Inc is located in Cleveland, OH. The organization was established in 1987. 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 12/2023, Rock And Roll Hall Of Fame And Museum Inc employed 266 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rock And Roll Hall Of Fame And Museum 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 12/2022, Rock And Roll Hall Of Fame And Museum Inc generated $43.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $27.0m during the year ending 12/2022. While expenses have increased by 0.5% 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
BORN FROM THE COLLISION OF RHYTHM & BLUES, COUNTRY, AND GOSPEL, ROCK & ROLL IS A SPIRIT THAT IS INCLUSIVE AND EVER-CHANGING. THE ROCK & ROLL HALL OF FAME CELEBRATES THE SOUND OF YOUTH CULTURE AND HONORS THE ARTISTS WHOSE MUSIC CONNECTS US ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OMUSEUM OPERATIONS: THE ROCK AND ROLL HALL OF FAME HAS ESTABLISHED ITSELF AS THE PRE-EMINENT HOME FOR THE CELEBRATION AND STUDY OF ROCK AND ROLL. IT IS A WORLD-CLASS MUSEUM AND LIBRARY AND ARCHIVES THAT EDUCATES ITS VISITORS ABOUT THE HISTORY OF ROCK AND ROLL, FROM ITS ROOTS TO THE PRESENT, AND ABOUT ROCK AND ROLL'S IMPACT ON OUR CULTURE AND SOCIETY. IT ACCOMPLISHES ALL OF THIS WITH SEVEN FLOORS OF EXHIBITS FEATURING THOUSANDS OF HISTORIC ARTIFACTS, AS WELL AS NUMEROUS FILMS AND INTERACTIVE EXHIBITS. IN ADDITION TO THE PERMANENT EXHIBITS, THE ROCK HALL CURATES SEVERAL NEW TEMPORARY EXHIBITS EACH YEAR WHICH FOCUS ON INDIVIDUAL ARTISTS, VARIOUS GENRES OF MUSIC OR IMPORTANT ANNIVERSARIES OF HISTORIC EVENTS. IN 2023, THE TEMPORARY EXHIBITS FEATURED ELVIS PRESLEY REFRESHED, ROM SCHOOL DAYS TO BLUEBERRY HILL: CHUCK BERRY IN ST. LOUIS, WANDA JACKSON, SUN RECORDS, SOAK UP THE SUN: THE MUSIC OF SHERYL CROW, 2023 NEW INDUCTEES, THE BEATLES: GET BACK TO LET IT BE, HOTTER THAN JULY, ICONIC: BARON WOLMAN IMAGES OF AN ERA, IT'S BEEN SAID ALL ALONG: VOICES OF RAGE, HOPE AND EMPOWERMENT, 2022 NEW INDUCTEES, AND IN MEMORIAM. THE ROCK HALL ALSO CURATES AN INVENTORY OF TRAVELING EXHIBITS THAT ARE FEATURED AT OTHER MUSEUMS AND VISITOR ATTRACTIONS. FURTHER, THE LIBRARY & ARCHIVES, FOR WHICH THE ROCK HALL HAS BEEN COLLECTING ARTIFACTS SINCE IT OPENED IN 1995, HELPS THE ROCK HALL FULFILL ITS MISSION BY MAKING ONE-OF-A-KIND AUDIO AND VIDEO RECORDINGS, PROMOTIONAL MATERIALS, PERSONAL PAPERS AND BUSINESS RECORDS OF POPULAR MUSIC'S MOST INFLUENTIAL FIGURES ACCESSIBLE TO THE PUBLIC FOR THE FIRST TIME. THE LIBRARY AND ARCHIVES ALSO ENHANCES THE MUSEUM'S EDUCATION PROGRAMS AT THE UNIVERSITY LEVEL.
OTHER EDUCATIONAL PROGRAMS, COMMUNITY PARTNERSHIPS, AND EXHIBITIONS, AS DESCRIBED ON SCHEDULE O.
SEE SCHEDULE OEDUCATION & PUBLIC PROGRAMS: THE ROCK AND ROLL HALL OF FAMES'S EDUCATION AND VISITOR ENGAGEMENT DIVISION PRODUCES SCORES OF ACTIVITIES AND EVENTS EACH YEAR THAT REINFORCE THE ROCK HALL'S COMMITMENT TO THE STUDY AND INTERPRETATION OF ROCK AND ROLL MUSIC AND ITS ROOTS. THE CONTENT OF THESE PROGRAMS HIGHLIGHTS NOT ONLY THE WORK OF ROCK AND ROLL HALL OF FAME INDUCTEES, BUT ALSO A BROAD SPECTRUM OF POPULAR MUSIC RANGING FROM THE BLUES, COUNTRY, AND GOSPEL OF THE EARLY 1900S TO THE CLASSIC ROCK OF THE 1960S TO THE HIP HOP AND POP SOUNDS OF TODAY. THESE PROGRAMS ARE PRESENTED IN A VARIETY OF FORMATS INCLUDING STUDENT GROUP PROGRAMS, INTERVIEWS, PUBLIC CONCERTS, LECTURES, FILM SCREENINGS, MASTER CLASSES, AND CONFERENCES AT VENUES BOTH ON- AND OFF-SITE. FURTHER, THE ROCK HALL HOSTED COMMUNITY FESTIVALS CELEBRATING THE INTERSECTION OF MUSIC, CULTURE, AND SOCIETY.
SEE SCHEDULE OHOLLA IF YA HEAR ME: HIP HOP AT 50: HIP HOP IS AN IMMERSIVE, THRIVING CULTURAL FORCE AND THE MOST INFLUENTIAL MUSICAL DEVELOPMENT OF THE LAST 50 YEARS. HIP HOP AT 50: HOLLA IF YA HEAR ME TAKES A JOURNEY THROUGH THE ESSENTIAL BREAKTHROUGH EVENTS AND HISTORICAL MOMENTS; THROUGH THE MUSIC'S SOUND, WORDS, AND POWERFUL MESSAGES; AND ILLUSTRATES MUSIC'S ABILITY TO CONNECT US IN TIMES OF STRIFE AND CELEBRATION. THIS EXHIBIT CELEBRATES THE LIFE, MUSIC, AND CULTURAL IMPACT OF THE ROCK & ROLL HALL OF FAME'S HIP HOP INDUCTEES AND EXPANDS BEYOND THEIR INFLUENCE TO LOOK AT THE KEY ARTISTS, STYLES, AND MOMENTS FROM HIP HOP HISTORY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michele Anthony Trustee/member | Trustee | 1 | $0 |
Art Anton Trustee/member | Trustee | 1 | $0 |
Rick Chiricosta Trustee/member | Trustee | 1 | $0 |
Chris Connor Trustee/member | Trustee | 1 | $0 |
Rob Light Trustee/member | Trustee | 1 | $0 |
Gregg Lowe Trustee/member, Co-Chair | Trustee | 8 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Bluebridge Networks Network Security&dig.storage | 12/30/23 | $108,977 |
Project Management Consultants Construction Project Mgmt. | 12/30/23 | $195,000 |
Acoustic Holdco Lp Email Marketing | 12/30/23 | $141,589 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,069,266 |
Fundraising events | $17,650 |
Related organizations | $6,680,055 |
Government grants | $3,257,141 |
All other contributions, gifts, grants, and similar amounts not included above | $12,245,663 |
Noncash contributions included in lines 1a–1f | $696,412 |
Total Revenue from Contributions, Gifts, Grants & Similar | $23,269,775 |
Total Program Service Revenue | $12,405,445 |
Investment income | $1,787,905 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $64,666 |
Net Rental Income | $1,475,631 |
Net Gain/Loss on Asset Sales | $301,550 |
Net Income from Fundraising Events | $7,350 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $4,236,778 |
Miscellaneous Revenue | $0 |
Total Revenue | $43,897,385 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $38,653 |
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. | $2,792,793 |
Compensation of current officers, directors, key employees. | $903,960 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $7,645,239 |
Pension plan accruals and contributions | $195,178 |
Other employee benefits | $835,678 |
Payroll taxes | $732,751 |
Fees for services: Management | $72,281 |
Fees for services: Legal | $245,397 |
Fees for services: Accounting | $87,900 |
Fees for services: Lobbying | $97,100 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $71,091 |
Fees for services: Other | $429,193 |
Advertising and promotion | $445,866 |
Office expenses | $1,270,444 |
Information technology | $1,293,023 |
Royalties | $0 |
Occupancy | $2,866,691 |
Travel | $728,241 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $76,184 |
Interest | $1,217 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,115,443 |
Insurance | $144,266 |
All other expenses | $183,852 |
Total functional expenses | $26,971,448 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $71,770 |
Savings and temporary cash investments | $12,318,778 |
Pledges and grants receivable | $12,951,800 |
Accounts receivable, net | $1,744,216 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $2,255,888 |
Prepaid expenses and deferred charges | $548,090 |
Net Land, buildings, and equipment | $64,649,546 |
Investments—publicly traded securities | $70,215,918 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $164,756,006 |
Accounts payable and accrued expenses | $3,747,830 |
Grants payable | $0 |
Deferred revenue | $4,422,472 |
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 | $0 |
Total liabilities | $8,170,302 |
Net assets without donor restrictions | $67,391,504 |
Net assets with donor restrictions | $89,194,200 |
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 | $164,756,006 |
Over the last fiscal year, Rock And Roll Hall Of Fame And Museum Inc has awarded $24,587 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
POKROVA UKRANIAN CHURCH PURPOSE: GENERAL | $11,066 |
LITTLE ANGELS OF HAITI PURPOSE: GENERAL | $13,521 |