John Huntington Art & Polytechnic Tr

Organization Overview

John Huntington Art & Polytechnic Tr is located in Cleveland, OH. The organization was established in 1935. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John Huntington Art & Polytechnic Tr 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 06/2022, John Huntington Art & Polytechnic Tr generated $14.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $10.2m during the year ending 06/2022. While expenses have increased by 3.0% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

OPERATION OF THE CLEVELAND MUSEUM OF ART

Describe the Organization's Program Activity:

CONTRIBUTION OF FUNDS TOWARDS OPERATING EXPENSES OF THE CLEVELAND MUSEUM OF ART WHICH IS TAX-EXEMPT UNDER IRC SECTION 501(C)(3) AND HAS NON-PRIVATE FOUNDATION STATUS UNDER IRC SECTION 179(B)(1)(A)(VI)


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Board, Officers & Key Employees

Name (title)Compensation
Steven R Kestner
Trustee
$0
James A Ratner
Trustee
$0
Richard H Fearon
Trustee
$0
Lauren Rich Fine
Trustee
$0
Leigh Carter
Trustee
$0
Peter Raskind
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $3,063,021
Tax Exempt Bond Proceeds $785
Royalties $3,113
Net Rental Income $107
Net Gain/Loss on Asset Sales $10,966,944
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,788,528

Peer Organizations

Organization NameAssets
The Detroit Institute Of Arts
Detroit, MI
$79,426,039
Indianapolis Museum Of Art Inc
Indianapolis, IN
$52,226,027
Toledo Museum Of Art
Toledo, OH
$28,971,557
Barnes Foundation
Philadelphia, PA
$34,787,671
Cincinnati Museum Association
Cincinnati, OH
$26,915,404
Columbus Museum Of Art
Columbus, OH
$20,311,634
J B Speed Art Museum
Louisville, KY
$18,957,761
John Huntington Art & Polytechnic Tr
Cleveland, OH
$14,788,528
Frick Art & Historical Center Inc
Pittsburgh, PA
$10,931,044
Grand Rapids Art Museum
Grand Rapids, MI
$4,844,303
Dayton Art Institute
Dayton, OH
$4,247,921
Taft Museum Of Art
Cincinnati, OH
$10,124,881
Akron Art Museum
Akron, OH
$4,858,452
Contemporary Arts Center
Cincinnati, OH
$4,449,118
Kalamazoo Institute Of Arts
Kalamazoo, MI
$3,411,059
Westmoreland Museum Of Art
Greensburg, PA
$6,299,818
James A Michener Art Museum
Doylestown, PA
$3,591,644
Woodmere Art Museum Inc
Philadelphia, PA
$4,813,071
Butler Institute Of American Art
Youngstown, OH
$4,627,797
Fine Arts Discovery Series Inc
Stroudsburg, PA
$2,860,135
Allentown Art Museum
Allentown, PA
$3,453,618
Forman Art Institute Inc
Philadelphia, PA
-$1,800,926
Fort Wayne Museum Of Art Inc
Fort Wayne, IN
$3,163,959
Huntington Museum Of Art Inc
Huntington, WV
$2,630,355
Museum Of Contemporary Art Detroit
Detroit, MI
$1,330,681

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