Baltimore Museum Of Art Inc is located in Baltimore, MD. 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. As of 06/2022, Baltimore Museum Of Art Inc employed 232 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baltimore Museum Of 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 06/2021, Baltimore Museum Of Art Inc generated $28.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $22.8m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE BALTIMORE MUSEUM OF ART CONNECTS ART TO BALTIMORE AND BALTIMORE TO THE WORLD, (SEE SCH. O) EMBODYING A COMMITMENT TO ARTISTIC EXCELLENCE AND SOCIAL EQUITY IN EVERY DECISION FROM ART PRESENTATION, INTERPRETATION, AND COLLECTING, TO THE COMPOSITION OF OUR BOARD OF TRUSTEES, STAFF, AND VOLUNTEERS - CREATING A MUSEUM WELCOMING TO ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTION CARE & EXHIBITIONSTHE BALTIMORE MUSEUM OF ART (BMA) CARES FOR AND INTERPRETS A COLLECTION OF OVER 95,000 WORKS OF ART, CAREFULLY MONITORING ITS STORAGE, PRESERVATION, DOCUMENTATION, AND EXHIBITION. IN FY22 THE BMA CONTINUED AN ACTIVE EXPANSION OF ITS EXHIBITIONS AND PROGRAMS GEARED TOWARDS INCREASING DIVERSITY, ACCESS AND INCLUSION WITH ITS AUDIENCE IN BALTIMORE, MARYLAND AND BEYOND. THE MUSEUM'S EXHIBITION OFFERINGS CENTERED ON THE EXPANSION AND CONTINUATION OF OUR CORE THEMES, INCLUDING WOMEN BEHAVING BADLY: 400 YEARS OF POWER AND PROTEST AN EXHIBITION CELEBRATING WOMEN THROUGHOUT HISTORY WHO BROKE RULES AND INSISTED UPON RECOGNITION OF THEIR HUMAN RIGHTS, AS WELL AS JOAN MITCHELL WHICH OFFERED OUR AUDIENCES AN EXTRAORDINARY OPPORTUNITY TO SEE THE WORK OF ONE OF THE MOST SIGNIFICANT ARTISTS OF THE POST-WAR ERA. IN ADDITION, WE PRESENTED GUARDING THE ART, AN EXHIBITION FEATURING WORKS FROM THE BMA'S COLLECTION, ACROSS ERAS, GENRES, CULTURES, AND MEDIUMS, SELECTED BY GUEST CURATORS FROM THE BMA'S SECURITY DEPARTMENT. AFRICAN WING AFRICA DECEMBER 12, 2021 - CURRENT ANCIENT AMERICAS DECEMBER 12, 2021 - CURRENT OCEANIA DECEMBER 12, 2021 - JANUARY 8, 2023 CONTEMPORARY WING ALL DUE RESPECT NOVEMBER 14, 2021 - APRIL 3, 2022 HOW DO WE KNOW THE WORLD? NOVEMBER 14, 2021 - ONGOING ON CERTAINTY: GIFTS FROM THE COLLECTION OF SUZANNE F. COHEN NOVEMBER 14, 2021 - SEPTEMBER 18, 2022 THALHEIMER GALLERIES A MODERN INFLUENCE: HENRI MATISSE, ETTA CONE, AND BALTIMORE OCTOBER 3, 2021 - JANUARY 2, 2022 JOAN MITCHELL MARCH 6, 2022 - AUGUST 14, 2022MAY GALLERIES COLOR AND ILLUSION: THE STILL LIFES OF JUAN GRIS SEPTEMBER 12, 2021 - JANUARY 9, 2022 CONE FOCUS RICHARD YARDE: BEYOND THE SAVOY NOVEMBER 21, 2021 - APRIL 24, 2022 NW CONE GUARDING THE ART MARCH 27, 2022 - JULY 10TH, 2022 MATISSE CENTER MATISSE: THE SINUOUS LINE DEC 12, 2021 - OCTOBER 23, 2022PDP CENTER THE REMBRANDT EFFECT DEC 12, 2021 - APRIL 10, 2022 JACOBS GALLERIES FRIEDA TORANZO: THE PERPETUAL SENSE OF REDNESS JUNE 6, 2021 - OCTOBER 3, 2021 THADDEUS MOSELY: FOREST OCTOBER 17, 2021 - MARCH 27, 2022 SCOTT WING WOMEN BEHAVING BADLY: 400 YEARS OF POWER AND PROTEST JULY 18, 2021 - DECEMBER 19, 2021EXCEPT FOR A MODERN INFLUENCE: HENRI MATISSE, ETTA CONE, AND BALTIMORE AND JOAN MITCHELL, ALL OF THE EXHIBITIONS LISTED ABOVE WERE PRESENTED FREE TO THE PUBLIC.
BUILDING & GROUNDSOPENED IN 1929 AS A SINGLE BUILDING ADJACENT TO THE CAMPUS OF THE JOHNS HOPKINS UNIVERSITY, THE BMA NOW COMPRISES 10 CONTIGUOUS BUILDINGS AND WINGS (210,000 SQ. FT.), ONE HISTORIC STRUCTURE, AND TWO OUTDOOR SCULPTURE GARDENS (3 ACRES). THE MUSEUM WORKS DILIGENTLY TO MAINTAIN AND PRESERVE OUR BUILDING ENVELOPE TO PROTECT ITS PRICELESS COLLECTION. THE MECHANICAL AND ELECTRICAL SYSTEMS WHICH RECEIVED SIGNIFICANT UPGRADES DURING MULTIPLE RENOVATIONS ARE NOW ACHIEVING IMPORTANT ECONOMIES IN ENERGY MANAGEMENT. THE BMA'S ENGINEERING STAFF FOLLOWED A DETAILED SCHEDULE OF PREVENTATIVE MAINTENANCE TO ENSURE THE LONGEVITY OF THESE SYSTEMS. SECURITY WAS ASSURED THROUGH A TRAINED SECURITY FORCE, UP-TO-DATE SECURITY POLICIES AND PROCEDURES, EFFECTIVE INTEGRATION OF ELECTRONIC SYSTEMS, AND CROSS-DEPARTMENTAL RESPONSES TO INCIDENTS INVOLVING VISITORS AND/OR ART WORKS. THE FACILITY IS STAFFED ON A 24-HOUR BASIS, AND AN EMERGENCY CONTACT LIST IS MAINTAINED. THE BMA HAS A FULLY OPERATIONAL FIRE DETECTION SYSTEM. THE BMA'S EMERGENCY PLAN IDENTIFIES APPROPRIATE RESPONSES TO PROBLEMS AND ASSIGNS AREAS OFRESPONSIBILITY TO SPECIFIC STAFF MEMBERS. FIRE AND EVACUATION PROCEDURES ARE CLEARLY OUTLINED AND REVIEWED WITH ALL STAFF. THE BMA IS EQUIPPED WITH AN EMERGENCY GENERATOR CAPABLE OF OPERATING CONTINUOUSLY FOR FIVE DAYS, FOR EMERGENCY CIRCUITS ONLY.
EDUCATION & INTERPRETATIONEDUCATION AND PUBLIC PROGRAMS SERVED OVER 43,176 FAMILIES, VISITORS, STUDENTS, AND TEACHERS IN THE MUSEUM, AS WELL AS TEACHERS AND COMMUNITY RESIDENTS THROUGHOUT THE REGION. AMONG THE PROGRAMS THEY PARTICIPATED IN WERE CLOSE ENCOUNTERS STUDENT TOURS, ARTIST TALKS, AND SCHOLARLY PANELS. VISITORS ALSO UTILIZED ONLINE GALLERY RESOURCES SUCH AS GOMOBILE TOURS. OFFSITE ENGAGEMENT INCLUDED 394 ART KITS DISTRIBUTED AT THE BMA AND AT THE BMA LEXINGTON MARKET LOCATION AND ART-TO-GO ACTIVITIES DISTRIBUTED BY EMAIL TO 3,317 TEACHERS AROUND THE WORLD, WITH A PROJECTED IMPACT ON 18,629 STUDENTS. AS THE EFFECTS OF THE PANDEMIC CONTINUED TO BE FELT, THE EDUCATION & INTERPRETATION DIVISION CONTINUED SERVING AUDIENCES REMOTELY. A TOTAL NUMBER OF 16,861 VIRTUAL VISITORS WERE SERVED THROUGH ONLINE TALKS, LIKE BMA VIOLET HOUR (8,855 PEOPLE REACHED), AND ARTIST INTERVIEWS, LIKE JJC TALKS (5,662 PEOPLE REACHED). FAMILIES WERE ENGAGED THROUGH THE FREE FAMILY SUNDAYS AT HOME ARTMAKING RESOURCE (730 TOTAL ART KITS DISTRIBUTED). THE BMA SERVED AS A RESOURCE FOR COLLEGE AND UNIVERSITY TEACHING AT INSTITUTIONS IN THE BALTIMORE-WASHINGTON METROPOLITAN AREA, WHERE THERE ARE 200,000 COLLEGE AND UNIVERSITY STUDENTS. MARKETING AND COMMUNICATIONS STAFF PROMOTED THESE BMA EXHIBITIONS, PUBLICATIONS, AND EDUCATIONAL PROGRAMS TO A WIDE AUDIENCE THROUGH THE BMA WEBSITE WWW.ARTBMA.ORG AS WELL AS PRINT, ELECTRONIC, AND SOCIAL MEDIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clair Zamoiski Segal Chair | OfficerTrustee | 1 | $0 |
James D Thornton Vice Chair | OfficerTrustee | 1 | $0 |
Patricia H Joseph Vice Chair | OfficerTrustee | 1 | $0 |
Susan B Katzenberg Vice Chair & Treasurer | OfficerTrustee | 1 | $0 |
Frederick Singley Koontz Immediate Past Chair | OfficerTrustee | 1 | $0 |
Darius Graham Secretary | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Bonsai Fine Arts Inc Art Storage | 6/29/22 | $380,514 |
Ics Security Solutions Security | 6/29/22 | $186,141 |
The Whiting-turner Contracting Company Construction | 6/29/22 | $7,409,221 |
Transport Consultants International Inc Art Transportation | 6/29/22 | $592,660 |
Quinn Evans Architects Architects | 6/29/22 | $303,954 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $17,446,054 |
Investment income | $2,978,589 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $131,997 |
Net Gain/Loss on Asset Sales | $7,039,396 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$304,198 |
Miscellaneous Revenue | $0 |
Total Revenue | $28,167,570 |
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. | $650,999 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $7,706,393 |
Pension plan accruals and contributions | $47,695 |
Other employee benefits | $1,497,484 |
Payroll taxes | $619,615 |
Fees for services: Management | $96,925 |
Fees for services: Legal | $94,598 |
Fees for services: Accounting | $55,250 |
Fees for services: Lobbying | $30,120 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $327,110 |
Fees for services: Other | $0 |
Advertising and promotion | $253,074 |
Office expenses | $493,317 |
Information technology | $147,409 |
Royalties | $0 |
Occupancy | $1,072,275 |
Travel | $10,593 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $43,400 |
Interest | $87,715 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $424,323 |
Insurance | $202,782 |
All other expenses | $0 |
Total functional expenses | $22,807,781 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,443,465 |
Savings and temporary cash investments | $3,980,226 |
Pledges and grants receivable | $5,704,750 |
Accounts receivable, net | $977,597 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $374,534 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $61,611,726 |
Investments—other securities | $123,872,600 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,207,427 |
Total assets | $215,822,253 |
Accounts payable and accrued expenses | $3,730,381 |
Grants payable | $0 |
Deferred revenue | $178,554 |
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 | $2,197,362 |
Total liabilities | $6,106,297 |
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 | $209,715,956 |