The Thomas Kinkade Museum
- Assets
- $6.0m
- Revenue
- $846.0k
- Investments
- $89.5k
- Employees
- 3
- Location
- Los Gatos, CA
- Founding
- 05/2015
- Data as of
- 05/2023
- EIN
- 37-1755549
Organization Overview
The Thomas Kinkade Museum is located in Los Gatos, CA. The organization was established in 2015. 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 05/2023, Thomas Kinkade Museum employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thomas Kinkade 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 05/2023, Thomas Kinkade Museum generated $846.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $420.3k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Thomas Kinkade Museum has awarded 40 individual grants totaling $214,329. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING FINANCIAL AID, IN-PERSON SUPPORT, FUNDRAISING AID, ART WORKSHOPS AND/OR ART SUPPLIES TO LOCAL AND INTERNATIONAL NONPROFITS, WHICH FURTHERS THE FOUNDATION'S MISSION OF MAKING ART ACCESSIBLE TO ALL.
CONSERVATION, RESEARCH AND ARCHIVING OF ORIGINAL ARTWORK BY THOMAS KINKADE AND THOMAS KINKADE'S PROFESSIONAL EPHEMERA. THESE ACTIVITIES INCLUDE LEGACY PLANNING AND PROGRAMMING TO ENSURE THOMAS KINKADE'S LEGACY IS WELL-DOCUMENTED, ACCESSIBLE, AND PRESERVED FOR GENERATIONS TO COME.
EXHIBITING, LOANING AND CURATING THE ORIGINAL ARTWORK OF THOMAS KINKADE. THESE EFFORTS ENSURE THE FOUNDATION MEETS ITS MISSION OF SHARING THOMAS KINKADE'S ART WITH THE PUBLIC FOR EDUCATIONAL PURPOSES, AS WELL AS MAKING ART ACCESSIBLE FOR ALL.
GENERAL SUPPORT FOR A DOCUMENTARY THAT IS BEING MADE ON THE LIFE OF THOMAS KINKADE. THIS DOCUMENTARY WILL FURTHER THE FOUNDATION'S MISSION OF MAKING THE ART AND LEGACY ACCESSIBLE TO THE PUBLIC. THE FOUNDATION PROVIDED RELEVANT MATERIALS SUCH AS PHOTOS, BETA TAPES, AUDIO RECORDINGS, ART, AND OTHER HISTORICAL CONTENT THAT PERTAINS TO THE LIFE AND CAREER OF THOMAS KINKADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chandler Kinkade Tomko Treasurer | 35 | $104,971 | |
Charles Kelley Secretary | 0.5 | $900 | |
Enrique Bazan Director | 0.5 | $0 | |
Jay Landrum Director | 0.5 | $0 | |
Mckenna Giordano Director | 0.5 | $0 | |
Merritt Gee Vice President | 35 | $91,617 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $782,000 |
| Interest on Savings | $74 |
| Dividends & Interest | $6,776 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,925 |
| Capital Gain Net Income | $8,925 |
| Net ST Capital Gain | $362 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $48,210 |
| Total Revenue | $845,985 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $197,488 |
| Other employee salaries and wages | $19,331 |
| Pension plans, employee benefits | $52,601 |
| Interest | $0 |
| Taxes | $21,439 |
| Depreciation | $2,699 |
| Occupancy | $5,771 |
| Travel, conferences, and meetings | $23,539 |
| Printing and publications | $0 |
| Other expenses | $35,491 |
| Total operating and administrative expenses | $412,819 |
| Contributions, gifts, grants paid | $7,500 |
| Total expenses and disbursements | $420,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,392 |
| Savings and temporary cash investments | $280,775 |
| Net Accounts receivable | $12,026 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $8,661 |
| Prepaid expenses and deferred charges | $4,839 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $89,492 |
| Net Land, buildings, and equipment | $6,299 |
| Other assets | $5,610,938 |
| Total assets | $6,034,422 |
| Accounts payable and accrued expenses | $18,356 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,356 |
Grants Awarded
Over the last fiscal year, The Thomas Kinkade Museum has awarded $7,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF GENERACION PURPOSE: GENERAL FUND | $5,000 |
THE ASPEN INSTITUTE PURPOSE: GENERAL FUND | $2,500 |