Joslyn Art Museum
- Assets
- $137.0m
- Revenue
- $26.3m
- Investments
- $0.0
- Employees
- 90
- Location
- Omaha, NE
- Founding
- 04/1951
- Data as of
- 12/2023
- 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 12/2023, Joslyn Art Museum employed 90 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 12/2023, Joslyn Art Museum generated $26.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $11.3m during the year ending 12/2023. While expenses have increased by 6.5% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ART PRESERVATION, PRESENTATION & EDUCATION.
Describe the Organization's Program Activity:
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 2023, 24,920 PEOPLE PARTICIPATED IN LECTURES AND ARTIST TALKS, ART WORKSHOPS, SCHOOL PROGRAMS, AND OTHER COMMUNITY EVENTS HELD AT JOSLYN ART MUSEUM'S KENT BELLOW STUDIO, SITES AROUND TOWN, AND VIRTUALLY DURING THE MUSEUM CLOSURE.
SIGNIFICANT ITEMS IN OTHER PROGRAM REVENUE INCLUDE THE HITCHCOCK MUSEUM SHOP NET SALES REVENUE AND EXHIBITION RENTAL FEES.
PRESENTATION: DURING 2023, THE MUSEUM WAS CLOSED TO THE PUBLIC DUE TO CONSTRUCTION FOR RENOVATIONS TO THE EXISTING BUILDINGS AND CONSTRUCTION OF A NEW BUILDING NAMED THE RHONDA & HOWARD HAWKS PAVILION. CURATORIAL AND COLLECTIONS STAFF WORKED ON AN EXTENSIVE REINSTALL ACTION PLAN FOR THE RENOVATED GALLERIES IN THE MEMORIAL BUILDING AND SCOTT PAVILION AS WELL AS INSTALLATION PLANS FOR THE NEW BUILDING. 50 ARTWORKS FROM THE EUROPEAN COLLECTION TOURED AS AN EXHIBITION AND WORKS FROM THE COLLECTION WENT ON LOAN TO MUSEUMS ACROSS THE COUNTRY IN EARLY 2023. 28 WORKS OF ART WERE ACQUIRED.
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 LORRAINE, 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 BOMBER'S WATERCOLORS AND PRINTS DOCUMENTING HIS 1832-34 JOURNEY TO THE MISSOURI RIVER FRONTIER WITH GERMAN PRINCE MAXIMILIAN OF WIED. DURING 2023, 17 ARTWORKS WERE CONSERVED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kirk Kellner Chairman | OfficerTrustee | 1 | $0 |
H Dele Davies MD Vice Chairman | OfficerTrustee | 1 | $0 |
Wallace R Weitz Vice Chairman | OfficerTrustee | 1 | $0 |
Dusty Davidson Treasurer | OfficerTrustee | 1 | $0 |
Lynne D Boyer Board Member | Trustee | 1 | $0 |
Sylvia B Cohn Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alley Poyner Macchietto Architecture In Architectural Services | 12/30/23 | $1,315,532 |
Kiewit Building Group Construction Services | 12/30/23 | $32,374,700 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $56,666 |
| Fundraising events | $167,740 |
| Related organizations | $2,447,946 |
| Government grants | $331,804 |
| All other contributions, gifts, grants, and similar amounts not included above | $22,764,838 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,768,994 |
| Total Program Service Revenue | $56,667 |
| Investment income | $160,756 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$249,222 |
| Net Income from Fundraising Events | -$11,832 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,943 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,331,912 |
| 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. | $414,315 |
| Compensation of current officers, directors, key employees. | $225,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,678,551 |
| Pension plan accruals and contributions | $64,699 |
| Other employee benefits | $264,699 |
| Payroll taxes | $205,690 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $39,654 |
| Fees for services: Accounting | $24,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,959 |
| Advertising and promotion | $10,364 |
| Office expenses | $246,886 |
| Information technology | $175,845 |
| Royalties | $0 |
| Occupancy | $841,499 |
| Travel | $126,786 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $700,494 |
| Insurance | $184,628 |
| All other expenses | $111,449 |
| Total functional expenses | $11,298,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,609,647 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $17,946,629 |
| Accounts receivable, net | $607,063 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,944 |
| Prepaid expenses and deferred charges | $500,893 |
| Net Land, buildings, and equipment | $104,891,836 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,397,821 |
| Total assets | $136,962,833 |
| Accounts payable and accrued expenses | $6,247,648 |
| 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 | $2,000,000 |
| Total liabilities | $8,247,648 |
| Net assets without donor restrictions | $32,017,507 |
| Net assets with donor restrictions | $96,697,678 |
| 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 | $136,962,833 |