Museum Of Craft And Design
- Assets
- $7.8m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 30
- Location
- San Francisco, CA
- Founding
- 09/2003
- Data as of
- 12/2023
- EIN
- 55-0830529
Organization Overview
Museum Of Craft And Design is located in San Francisco, CA. The organization was established in 2003. 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, Museum Of Craft And Design employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Museum Of Craft And Design 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 Craft And Design generated $2.8m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $2.7m 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
THE MUSEUM OF CRAFT AND DESIGN (MCD) MAKES CREATIVITY ACCESSIBLE TO EVERYONE. THROUGH INSPIRED EXHIBITIONS AND EXPERIENTIAL PROGRAMS, MCD EXPLORES THE CREATIVE PROCESS AND CURRENT PERSPECTIVES IN CRAFT AND DESIGN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXHIBITION: CELEBRATING 20 YEARS OF SERVICE TO THE COMMUNITY, THE MUSEUMOF CRAFT AND DESIGN (MCD) IS SAN FRANCISCOS ONLY MUSEUMDEVOTED TO CONTEMPORARY CRAFT AND DESIGN. FOUNDED IN 2004,MCD IS KNOWN FOR ITS BOLD AND INNOVATIVE EXHIBITIONS AND FOR ITSINSPIRING MAKEART EDUCATIONAL PROGRAMS FOR CHILDREN ANDFAMILIES. THIS IS THE BEDROCK OF WHO WE ARE AND REFLECTS OURCREATIVE SPIRIT, COLLABORATIVE NATURE, AND A DEEP COMMITMENT TOCOMMUNITY ENGAGEMENT. (CONT'D ON SCHEDULE O)
EDUCATION: MCDS PROGRAMS MAKE CREATIVITY ACCESSIBLE TO EVERYONE,SERVING SOME OF THE MOST ECONOMICALLY AND CULTURALLY DIVERSECOMMUNITIES OF THE BAY AREA, INCLUDING NEIGHBORHOODS WHEREOVER 40% OF INHABITANTS LIVE BELOW THE FEDERAL POVERTY LEVEL. TOHELP ADDRESS INCREASING INCOME-INEQUALITY IN THE BAY AREA ANDPROVIDE ARTS FOR ALL REGARDLESS OF INCOME LEVEL, MCDS FREEMOBILE MAKEART PROGRAM CULTIVATES CREATIVE COMMUNITYPARTNERSHIPS ACROSS SAN FRANCISCO. (CONT'D ON SCHEDULE O)
MUSEUM STORE: VOTED THE BEST MUSEUM STORE IN SAN FRANCISCO BY SANFRANCISCO MAGAZINE, MCDS EXQUISITE STORE FEATURES ATHOUGHTFULLY CURATED SELECTION OF CONTEMPORARY CRAFT ANDDESIGN OBJECTS, AS WELL AS ONE-OF-A-KIND ITEMS INCLUDING ARTJEWELRY, CRAFT AND DESIGN PUBLICATIONS, TOYS, CERAMICS, GLASSAND BRANDED PRODUCTS. THE MCD STORE CREATES THE OPPORTUNITYFOR VISITORS TO EXTEND THEIR MUSEUM EXPERIENCE, OFFERING SOMEOF THE BEST EXAMPLES OF CONTEMPORARY CRAFT AND DESIGN ITEMSSOURCED FROM LOCAL, NATIONAL AND INTERNATIONAL MAKERS ANDDESIGNERS, WITH A FOCUS ON LOCAL CREATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joann Edwards Executive Dir. | Officer | 40 | $265,135 |
Sarah Kermensky Development Dir | 40 | $125,250 | |
Clarissa Kalman Finance Director | 40 | $106,667 | |
Neil O'donnell Board Chair | OfficerTrustee | 5 | $0 |
Babette Pinsky Vice President | OfficerTrustee | 5 | $0 |
Andy Astor Treasurer | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $98,037 |
| Related organizations | $0 |
| Government grants | $224,122 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,248,771 |
| Noncash contributions included in lines 1a–1f | $119,723 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,570,930 |
| Total Program Service Revenue | $61,759 |
| Investment income | $214,805 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,866 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$92,865 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,759,495 |
| 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. | $271,014 |
| Compensation of current officers, directors, key employees. | $62,333 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $983,028 |
| Pension plan accruals and contributions | $38,325 |
| Other employee benefits | $76,456 |
| Payroll taxes | $95,158 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,100 |
| Fees for services: Accounting | $17,730 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,783 |
| Fees for services: Other | $69,690 |
| Advertising and promotion | $67,955 |
| Office expenses | $147,927 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $355,338 |
| Travel | $42,958 |
| 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 | $233,908 |
| Insurance | $14,869 |
| All other expenses | $0 |
| Total functional expenses | $2,710,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,563,918 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $214,901 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $75,367 |
| Prepaid expenses and deferred charges | $119,918 |
| Net Land, buildings, and equipment | $325,642 |
| Investments—publicly traded securities | $5,286,992 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $226,659 |
| Total assets | $7,813,397 |
| Accounts payable and accrued expenses | $263,340 |
| 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 | $287,244 |
| Total liabilities | $550,584 |
| Net assets without donor restrictions | $4,144,480 |
| Net assets with donor restrictions | $3,118,333 |
| 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 | $7,813,397 |