Joslyn Art Museum
- Assets
- $44.0m
- Revenue
- $13.9m
- Investments
- $0.0
- Employees
- 112
- Location
- Omaha, NE
- Founding
- 04/1951
- Data as of
- 12/2020
- EIN
- 47-0384577
Organization Overview
Joslyn Art Museum is located in Omaha, NE. The organization was established in 1951. 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 12/2021, Joslyn Art Museum employed 112 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joslyn Art 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 12/2020, Joslyn Art Museum generated $13.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $7.0m during the year ending 12/2020. While expenses have increased by 0.4% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
ART PRESERVATION, PRESENTATION & EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENTATION: DURING 2021, 81,457 VISITORS CAME TO THE MUSEUM TO VIEW PERMANENT AND TEMPORARY COLLECTIONS AND ATTEND VARIOUS EVENTS. THE MUSEUM WAS OPEN THE ENTIRE YEAR, BUT HAD REDUCED ATTENDANCE DUE TO THE COVID PANDEMIC. IN ADDITION TO OUR PERMANENT COLLECTION, THE FOLLOWING EXHIBITIONS WERE ON DISPLAY - REVISITING AMERICA: THE PRINTS OF CURRIER & IVES, AMERICAN ART DECO: DESIGNING FOR THE PEOPLE AND FACES FROM THE INTERIOR: THE NORTH AMERICAN PORTRAITS OF KARL BODMER. THREE EXHIBITIONS WERE FEATURED IN THE RILEY CONTEMPORARY ARTISTS PROJECT GALLERY. 314 WORKS OF ART WERE ACQUIRED.
EDUCATION: THE MISSION OF JOSLYN'S CRISS CENTER FOR EDUCATION IS TO EQUIP THE GENERAL PUBLIC WITH SKILLS TO ENJOY, UNDERSTAND, APPRECIATE, AND ENGAGE WITH ART OF VARIOUS TIME PERIODS AND CULTURES. TO THIS END, THE CENTER PROVIDES INTERPRETIVE PROGRAMMING IN A VARIETY OF FORMATS TAILORED TO DIFFERENT LEARNING STYLES. SPECIFICALLY, JOSLYN ADDRESSES THE NEEDS OF A GENERAL ADULT AUDIENCE, UNIVERSITY FACULTY AND STUDENTS, K-12 TEACHERS AND STUDENTS, FAMILIES, AND YOUTH-AT-RISK. THROUGH GUIDED TOURS, LECTURES, GALLERY TALKS, OUTREACH PROGRAMS, CLASSES, CAMPS, PROGRAMS FOR TEACHERS, AND SPECIAL EVENTS, THE CENTER FOR EDUCATION STRIVES TO PROVIDE QUALITY ARTS EDUCATION EXPERIENCES FOR ITS DIVERSE CONSTITUENCIES. DURING 2021, WE SERVED 101,739 PEOPLE WHO ATTENDED TOURS, LECTURES, GALLERY TALKS, SPECIAL PROGRAMS FOR ADULTS, ART CLASSES, CAMPS AND COMMUNITY EVENTS BOTH AT JOSLYN ART MUSEUM AND ONLINE VIRTUAL PROGRAMMING.
PRESERVATION: IN FORMATION SINCE 1931, JOSLYN ART MUSEUM'S COLLECTION NOW CONTAINS MORE THAN 11,000 WORKS OF ART FROM ALL OVER THE WORLD ANTIQUITY TO THE PRESENT, WITH A CONCENTRATION ON THE 19TH AND 20TH CENTURY EUROPEAN AND AMERICAN ART. HIGHLIGHTS OF THE PERMANENT COLLECTION INCLUDE WORKS BY LORENZO DI CREDI, TITIAN, EL GRECO, VERONESE, CLAUDE DE LORRAIN, EDGAR DEGAS, CLAUDE MONET, PIERRE AUGUST RENOIR, AND CAMILLE PISSARRO. AMERICAN MASTERS SUCH AS ALBERT BIERSTADT, THOMAS HART BENTON, MARY CASSATT, THOMAS EAKINS, WINSLOW HOMER, JOHN STEUART CURRY, GRANT WOOD, JACKSON POLLOCK, DALE CHIHULY, AND GEORGE SEGAL ARE ALSO REPRESENTED. JOSLYN IS RENOWNED FOR ITS COLLECTION OF ART OF THE AMERICAN WEST AND KNOWN WORLDWIDE FOR ITS COLLECTION OF SWISS ARTIST KARL BODMER'S WATERCOLORS AND PRINTS DOCUMENTING HIS 1832-34 JOURNEY TO THE MISSOURI RIVER FRONTIER WITH GERMAN PRINCE MAXMILLIAN OF WIED. DURING 2021, 3 ARTWORKS WERE CONSERVED.
SIGNIFICANT ITEMS IN OTHER PROGRAM REVENUE INCLUDE THE HITCHOCK MUSEUM SHOP NET SALES REVENUE, EXHIBITION RENTAL FEES AND A ONE TIME AMOUNT OF $601,949 IN EMPLOYEE RETENTION CREDITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Becker Executive Director & CEO | Officer | 40 | $523,888 |
Hillary Nather-Detisch Director Of Development | 40 | $143,269 | |
Elizabeth A Powell Director Of Finance & Operations | Officer | 40 | $112,027 |
Stacy Simon Chairman | OfficerTrustee | 1 | $0 |
Wallace R Weitz Vice Chairman/secretary | OfficerTrustee | 1 | $0 |
Lisa Smith Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kiewit Building Group Construction Services | 12/30/21 | $6,324,816 |
Ascent Project Management | 12/30/21 | $325,789 |
Wiss Janney Elstner Associates Inc Engineer Services | 12/30/21 | $103,120 |
Alley Poyner Macchietto Architecture In Architectural Services | 12/30/21 | $1,210,985 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,672,683 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $10,185 |
| Net Rental Income | $71,285 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$4,934 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $41,346 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,873,900 |
| Statement of Expenses | |
|---|---|
| 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. | $345,322 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,427,020 |
| Pension plan accruals and contributions | $60,073 |
| Other employee benefits | $180,164 |
| Payroll taxes | $182,683 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,453 |
| Fees for services: Accounting | $21,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,171 |
| Advertising and promotion | $109,042 |
| Office expenses | $40,475 |
| Information technology | $107,813 |
| Royalties | $0 |
| Occupancy | $847,734 |
| Travel | $19,000 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $40,333 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $685,128 |
| Insurance | $160,534 |
| All other expenses | $0 |
| Total functional expenses | $7,002,065 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,497,248 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,159,152 |
| Accounts receivable, net | $1,094 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $104,311 |
| Prepaid expenses and deferred charges | $333,598 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $43,999,594 |
| Accounts payable and accrued expenses | $1,849,133 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,849,133 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $42,150,461 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Joslyn Art Museum has recieved totaling $285,750.
| Awarding Organization | Amount |
|---|---|
John K And Lynne D Boyer Foundation Omaha, NE PURPOSE: GENERAL SUPPORT | $185,250 |
Pearson Family Foundation Wilmington, DE PURPOSE: EVOLVE JOSLYN CAPITAL CAMPAIGN | $100,000 |
Miller Foundation Inc Vesuvius, VA PURPOSE: HELP FUND THE ART MUSEUM | $500 |
Endowment Analysis
| Beg. Balance | $40,115,773 |
| Earnings | $6,497,887 |
| Net Contributions | $8,872,302 |
| Other Expense | $1,798,042 |
| Ending Balance | $53,687,920 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aspen Art Museum Aspen, CO | $45,036,257 | $9,544,522 |
Joslyn Art Museum Omaha, NE | $43,999,594 | $13,873,900 |
Edmundson Art Foundation Inc Des Moines, IA | $123,873,821 | $5,221,950 |
Mca Denver Denver, CO | $23,563,221 | $5,372,838 |
Clyfford Still Museum Denver, CO | $20,985,352 | $4,386,446 |
Kemper Museum Operating Foundation Kansas City, MO | $21,285,156 | $4,170,305 |
New Museum At The Bradford Brinton Ranch Big Horn, WY | $21,761,530 | $2,659,139 |
American Museum Of Western Art-The Anschutz Collection Denver, CO | $3,359,244 | $1,672,973 |
Kaneko Omaha, NE | $7,661,179 | $2,044,915 |
Cedar Rapids Museum Of Art Cedar Rapids, IA | $10,975,724 | $1,897,118 |
Museum Of Nebraska Art Kearney, NE | $29,264,897 | $12,796,061 |
River Music Experience Davenport, IA | $3,858,577 | $1,649,242 |