Museum Of Wisconsin Art Inc
- Assets
- $8.9m
- Revenue
- $1.8m
- Investments
- $28.0
- Employees
- 38
- Location
- West Bend, WI
- Founding
- 03/1964
- Data as of
- 12/2023
- EIN
- 39-1017647
Organization Overview
Museum Of Wisconsin Art Inc is located in West Bend, WI. The organization was established in 1964. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Museum Of Wisconsin Art Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Museum Of Wisconsin Art 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 12/2023, Museum Of Wisconsin Art Inc generated $1.8m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O FOR STATEMENT.A VITAL CULTURAL CENTER, EDUCATIONAL INSTITUTION, AN EXPANDING NETWORK OF IDEAS, THE MUSEUM OF WISCONSIN ART COLLECTS AND INTERPRETS AMERICAN ART THROUGH THE LENS OF A SINGLE STATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM'S PERMANENT COLLECTION REPRESENTS MORE THAN THREE HUNDRED ARTISTS, SPANS TWO HUNDRED YEARS OF HISTORY, AND INCLUDES OVER FIVE THOUSAND WORKS OF ART IN EVERY IMAGINABLE MEDIUM. INFORMED BY THE REGION'S CULTURAL HERITAGE AND DIVERSE POPULATION, MOWA IS A VIBRANT HUB FOR CONTEMPORARY ARTISTS, SOCIALLY RELEVANT EXHIBITIONS, AND PIONEERING MEMBER INITIATIVES. THE MUSEUM'S PRIMARY VENUE RESTS ALONG THE MILWAUKEE RIVER IN DOWNTOWN WEST BEND, WISCONSIN. MOWA'S MAIN CAMPUS HAS BEEN DRAWING VISITORS AND TOURISTS FROM THE FAR CORNERS OF THE STATE AND BEYOND. THE MUSEUM'S SATELLITE MOWA | DTN IS IN SAINT KATE THE ARTS HOTEL IN DOWNTOWN MILWAUKEE'S CULTURAL DISTRICT. IN ADDITION TO ITS PRIMARY VENUES, MOWA PARTNERS WITH COMMUNITY ORGANIZATIONS TO MAKE ITS PROGRAMS AND COLLECTIONS ACCESSIBLE AND FREE OF CHARGE IN NEIGHBORHOODS THROUGHOUT THE STATE.
EVERYONE'S A MEMBER AT MOWA. THE MUSEUM'S SIMPLE AND AFFORDABLE MODEL REPLACES SINGLE-DAY ADMISSION WITH MEMBERSHIP THAT OFFERS FREE UNLIMITED ACCESS FOR AN ENTIRE YEAR FOR EVERYONE. VISITORS COME ONCE, THEN COME BACK AGAIN AND AGAIN TO SEE NEW EXHIBITIONS, ENJOY LECTURES, AND DIVE INTO EDUCATIONAL OPPORTUNITIES FOR THE WHOLE FAMILY. A SUITE OF VIRTUAL PROGRAMS INCLUDING TALKS, K-12 EDUCATIONAL ACTIVITIES, AND ARTIST INTERVIEWS CREATE ACCESS AND FURTHER EXTEND MOWA'S REACH.
MOWA IS AN INNOVATIVE FORUM FOR THOUGHTFUL EXHIBITIONS, LECTURES BY ARTISTS AND INDUSTRY EXPERTS, AND EDUCATIONAL CLASSES AND ACTIVITIES FOR ALL AGES. WE BELIEVE THAT WHERE WE LIVE IS IMPORTANT AND WE ARE PASSIONATE ABOUT WISCONSIN. EVERYTHING WE EXHIBIT AND TALK ABOUT HAS BEEN MADE BY AN ARTIST WITH DEEP CONNECTIONS TO THE STATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip Maples President | OfficerTrustee | 2 | $0 |
Claire Rolfs Vice President | OfficerTrustee | 2 | $0 |
Thadd Llaurado Secretary | OfficerTrustee | 2 | $0 |
Frederick C Schwertfeger Treasurer | OfficerTrustee | 2 | $0 |
Wendy Burke Director | Trustee | 1 | $0 |
Lea Culver Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $258,135 |
| Fundraising events | $615,694 |
| Related organizations | $0 |
| Government grants | $80,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $794,003 |
| Noncash contributions included in lines 1a–1f | $32,138 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,747,832 |
| Total Program Service Revenue | $117,912 |
| Investment income | $30,359 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $12,200 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$196,942 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $41,961 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,756,818 |
| 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. | $167,897 |
| Compensation of current officers, directors, key employees. | $16,790 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $925,381 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $74,943 |
| Payroll taxes | $86,426 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,000 |
| Fees for services: Accounting | $12,420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,846 |
| Advertising and promotion | $67,300 |
| Office expenses | $141,144 |
| Information technology | $46,362 |
| Royalties | $0 |
| Occupancy | $459,583 |
| Travel | $4,354 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,137 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $375,993 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,621,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $276,308 |
| Savings and temporary cash investments | $319,855 |
| Pledges and grants receivable | $273,280 |
| 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 | $31,504 |
| Prepaid expenses and deferred charges | $26,406 |
| Net Land, buildings, and equipment | $6,987,367 |
| Investments—publicly traded securities | $958,520 |
| Investments—other securities | $28 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,762 |
| Total assets | $8,878,030 |
| Accounts payable and accrued expenses | $117,982 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $142,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $259,982 |
| Net assets without donor restrictions | $7,506,765 |
| Net assets with donor restrictions | $1,111,283 |
| 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 | $8,878,030 |