Mint Museum Of Art Inc is located in Charlotte, NC. The organization was established in 1943. 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 06/2021, Mint Museum Of Art Inc employed 91 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mint 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 06/2020, Mint Museum Of Art Inc generated $6.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $10.3m during the year ending 06/2020. 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
THE MINT MUSEUM IS A LEADING, INNOVATIVE MUSEUM OF INTERNATIONAL ART AND DESIGN COMMITTED TO ENGAGING AND INSPIRING ALL MEMBERS OF OUR GLOBAL COMMUNITY. THE MINT MUSEUM IS DEDICATED TO LEADERSHIP IN COLLECTING, EXHIBITING, CONSERVING, RESEARCHING, PUBLISHING, INTERPRETING, AND SHARING ART AND DESIGN FROM AROUND THE WORLD. THESE COMMITMENTS ARE CENTRAL TO THE MUSEUM'S CORE VALUES OF LEADERSHIP, INTEGRITY, INCLUSIVENESS, KNOWLEDGE, STEWARDSHIP, AND INNOVATION, PROMOTING UNDERSTANDING OF AND RESPECT FOR DIVERSE PEOPLES AND CULTURES. MUSEUM ADMISSION, SPECIAL EVENTS, LEARNING AND ENGAGEMENT PROGRAMS, AND OUTREACH INITIATIVES DEEPEN THE RELATIONSHIP BETWEEN THE ARTS AND CULTURE SECTOR AND THE DIVERSE COMMUNITY WE SERVE - REACHING OVER 500,000 PEOPLE THROUGH VISITATION AND ONLINE CHANNELS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE MAJORITY OF FY21, THE MINT CONTINUED ITS CORE ACTIVITIES, INCLUDING EXPANDING ITS PERMANENT COLLECTIONS THROUGH IMPORTANT ACQUISITIONS; LAUNCHING NEW EXHIBITIONS COMPRISING WORKS FROM THE PERMANENT COLLECTIONS AND ON LOAN; ENGAGING VISITORS OF ALL AGES AND BACKGROUNDS THROUGH EDUCATION AND OUTREACH INITIATIVES; AND IMPLEMENTING NEW COMMUNICATION STRATEGIES, TECHNOLOGIES, AND METHODS TO REACH AND ENGAGE NEW AUDIENCES. SINCE THE COVID-19 PANDEMIC WE ADJUSTED OUR PROGRAMMING TO BE VIRTUAL AND TO ADHERE TO THE STATE MANDATED SOCIAL DISTANCING GUIDELINES FOR IN-PERSON GATHERINGS. WE EXTENDED THE EXHIBITION RUN OF CLASSIC BLACK: THE BASALT SCULPTURE OF WEDGWOOD AND HIS CONTEMPORARIES TO JANUARY 3, 2021, AT MINT MUSEUM RANDOLPH. THE MINT'S CURATORIAL TEAM WAS NIMBLE IN ADAPTING THE EXHIBITION SCHEDULE DUE TO EVER-CHANGING LOGISTICS. THE PANDEMIC PRESENTED AN OPPORTUNITY TO TAKE A FRESH LOOK AT THE MUSEUM'S HOLDINGS AND CELEBRATE THE DONORS AND COLLECTORS WHO HAVE CONTRIBUTED TO OUR DIVERSE COLLECTION, THROUGH NEW AND DYNAMIC EXHIBITIONS AT MINT MUSEUM UPTOWN:THE FIRST EXHIBITION NEW DAYS, NEW WORKS, ORGANIZED BY THE MINT, KICKED OFF A CELEBRATION OF GIFTS IN THE MINT'S PERMANENT COLLECTIONS: AMERICAN, CONTEMPORARY, CRAFT, DESIGN AND FASHION, AND DECORATIVE ARTS THAT REPRESENT THE BROAD DIVERSITY OF WORKS OF ART THAT DEFINE THE MINT MUSEUM. AS WE RETREATED TO OUR HOMES AMID A GLOBAL PANDEMIC, PERSPECTIVES SHIFTED, AND NEW VIEWS EVOLVED. NEW DAYS, NEW WORKS CELEBRATED THESE RENEWED PERSPECTIVES FOR OBJECTS THAT WE SURROUND OURSELVES WITH EACH DAY AND NEVER-BEFORE-SEEN WORKS OF ART FROM THE MINT'S COLLECTIONS, INCLUDING GIFTS FROM INDIVIDUAL AND CORPORATE DONORS. MORE THAN EIGHTY WORKS OF ART INCLUDING PHOTOGRAPHY AND SCULPTURES FROM INTERNATIONAL ARTISTS, VIVID PAINTINGS, FASHION ACCESSORIES, AND STUNNING CERAMICS EVOKE EMOTIONS AND FRESH PERSPECTIVES FOR A NEW WORLD.WE ALSO ACTIVATED THE ROBERT HAYWOOD MORRISON ATRIUM IN MINT MUSEUM UPTOWN WITH A MONUMENTAL INSTALLATION FORAGERS BY SUMMER WHEAT. SUMMER'S MYRIAD OF VIBRANT PANELS GIVES THE ILLUSION OF STAINED GLASS, FILL THE ATRIUM'S NINETY-SIX WINDOWS, AND WEAVE A STORY OF WOMEN WHO LABORED TO BUILD THE COMMUNITIES THAT FORM THE SPINE OF MODERN SOCIETY. ALL VISITORS TO THE MUSEUM MAY SEE THIS WORK OF ART FOR FREE. TO CELEBRATE MINT MUSEUM UPTOWN'S 10TH ANNIVERSARY, IN VIVID COLOR: PUSHING THE BOUNDARIES OF PERCEPTION IN CONTEMPORARY ART BROUGHT TOGETHER FOUR INNOVATIVE CONTEMPORARY ARTISTS WHO CREATED WORKS TO CELEBRATE THE POWER OF COLOR AND ITS TRANSFORMATIVE ABILITY TO PERMEATE THE SPACE AROUND US. THEIR WORK WAS JUXTAPOSED WITH A SELECTION OF PAINTINGS AND WORKS ON PAPER DRAWN PRIMARILY FROM THE MINT'S PERMANENT COLLECTION THAT STUDY ARTISTS' EXPLORATION OF COLOR IN MORE TRADITIONAL WAYS. THE EXHIBITION USED COLOR AS AN OPPORTUNITY TO INVESTIGATE HOW PEOPLE PERCEIVE A NON-FIXED REALITY: THE EVER-SHIFTING ENVIRONMENT IN WHICH WE MUST DISCERN THE REAL FROM THE ILLUSIONARY.W|ALLS: DEFEND, DIVIDE AND THE DIVINE OPENED IN FEBRUARY 2021 WHICH EXAMINED THE HISTORIC USE AND ARTISTIC TREATMENT OF WALLS OVER THE CENTURIESWHETHER THEY ARE MADE OF STONE, STEEL, SAND, OR WIRE. THE EXHIBITION BROUGHT TOGETHER SIXTY-SEVEN MAKERS FROM AROUND THE WORLD WITH 132 IMAGES, THE EARLIEST FROM 1897 AND THE MOST RECENT FROM JULY 2019. FURTHERMORE, THE EXHIBITION EXPLORED THE VARIOUS ASPECTS OF WALLSARTISTIC, SOCIAL, POLITICAL, AND HISTORICAL, AS WELL AS HOW THERE ARE LITERAL WALLS OR BARRIERS, SUCH AS FENCES OR SAND BERMS. FINALLY, SILENT STREETS: ART IN THE TIME OF PANDEMIC PRESENTED WORKS OF ART BY LOCAL, REGIONAL, NATIONAL, AND INTERNATIONAL ARTISTS WHO USED ART TO SURVEY AND TACKLE THE CHALLENGING TIMES. FROM COMIC STRIPS TO ABSTRACT PAINTING, THE EXHIBITION EMBRACED THE POTENTIAL OF ALL ART FORMS TO GRAPPLE WITH THE MOST URGENT ISSUES OF OUR DAY PROVIDING VIEWERS WITH BOTH SOLACE AND INSIGHT. FROM THE MOMENT THE CORONAVIRUS PANDEMIC FORCED PEOPLE INTO THEIR HOMES, ART BECAME A SOURCE OF SOLACE. WHEN ATTENTION SWERVED FROM COVID-19 TO A RECKONING WITH THE COUNTRY'S INJUSTICES AND SYSTEMIC RACISM, MANY ARTISTS FOLDED THIS URGENT CONSIDERATION INTO THEIR WORK.THESE EXHIBITIONS SERVED AS A LAUNCHING FOR THEMATIC IN-PERSON AND VIRTUAL PROGRAMMING. THE MUSEUM CONTINUED TO SUCCESSFULLY HOST VIRTUAL MINT TO MOVE AND BI-LINGUAL STORIES AND MUSIC COMMUNITY ENGAGEMENT PROGRAMS TO BUILD ON THE DEEP RELATIONSHIPS MADE WITH BOTH PARTNERS AND PARTICIPANTS. BI-LINGUAL STORIES AND MUSIC USES A COMBINATION OF BILINGUAL STORIES (SPANISH/ENGLISH), MUSIC, MUSICAL INSTRUMENTS, TOYS, PUPPETS, AND GAMES TO INTERACT WITH THE AUDIENCE. ADDITIONALLY, IN FY21 THE MINT LAUNCHED FREE ART KITS A FUN AND EASY PROJECT TO CREATE AT HOME. THE MONTHLY FREE ART KIT CORRESPONDS TO AN EXHIBITION ON VIEW OR A PIECE FROM THE MINT'S PERMANENT COLLECTION. TYPICALLY, ABOUT FIVE HUNDRED KITS ARE HANDED OUT TO THE PUBLIC EACH MONTH. WE HAVE ALSO PARTNERED WITH COMMUNITIES IN SCHOOLS CHARLOTTE TO DISTRIBUTE AN ADDITIONAL FOUR HUNDRED KITS TO THEIR ELEMENTARY SCHOLARS EACH MONTH; AND AN ADDITIONAL ONE HUNDRED ART KITS ARE DISTRIBUTED TO OUR GRIER HEIGHTS COMMUNITY YOUTH ARTS PROGRAM FAMILIES AND OTHER SMALLER GROUPS. FINALLY, TO ACTIVATE MINT MUSEUM RANDOLPH WE LAUNCHED PARTY IN THE PARK, HELD ON THE LAST SUNDAY OF EACH MONTH. VISITORS ENJOY FREE ADMISSION TO THE MUSEUM, FOOD TRUCKS, AND LIVE MUSIC ON THE FRONT TERRACE. THE MINT IS COMMITTED TO MAKING THE ARTS PART OF THE FABRIC OF DAILY LIFE AND SERVING AS A CULTURAL DESTINATION THROUGH INNOVATIVE EXHIBITIONS, PROGRAMS, AND OUTREACH THAT STIMULATE NEW WAYS OF THINKING ABOUT THE WORLD. THE MINT STRIVES TO SERVE AS A TRANSFORMATIONAL CENTER FOR COMMUNITY ENGAGEMENT AND INSPIRATION. ANNUALLY, THE MINT PARTNERS WITH MANY ORGANIZATIONS WITHIN THE COMMUNITY TO OFFER A BROAD ARRAY OF PROGRAMMING THAT REACHES AS MANY COMMUNITY MEMBERS AS POSSIBLE. KEY PARTNERS INCLUDE: CHARLOTTE MECKLENBURG SCHOOLS, THE LATIN AMERICAN WOMEN'S ASSOCIATION, LATIN AMERICAN COALITION, ART SI CHARLOTTE, CIRCLE DE LUZ, HARVEY B. GANTT CENTER FOR AFRICAN-AMERICAN ARTS + CULTURE, DANCES OF INDIA RUMBAO LATIN DANCE COMPANY, SOUTHEASTERN MUSEUM CONFERENCE, PBS AFFILIATE WTVI CHARLOTTE, BECHTLER MUSEUM OF MODERN ART, MCCOLL CENTER FOR VISUAL ART, BLUMENTHAL PERFORMING ARTS CENTER, CHARLOTTE BALLET, OPERA CAROLINA, CHARLOTTE SYMPHONY, CHARLOTTE MECKLENBURG LIBRARY, UNIVERSITIES AND COLLEGES, AND OTHERS.MINT STAFF MEMBERS RELATE TO THEIR PEERS THROUGH VARIOUS NATIONAL GROUPS, INCLUDING THE SOUTHEASTERN MUSEUMS CONFERENCE, THE AMERICAN ALLIANCE OF MUSEUMS, THE COLLEGE ART ASSOCIATION, AND THE ASSOCIATION OF ART MUSEUM CURATORS. THE MINT CONTRIBUTES ANNUALLY TO THE REGIONAL ECONOMY THROUGH EMPLOYMENT, SALES, AND TAXES. SALARIES AND WAGES FOR MINT EMPLOYEES AMOUNTS TO APPROXIMATELY $3.6M ANNUALLY, WHILE CONTRACT FEES TOTAL APPROXIMATELY $1.4M. PAID TAXES ARE APPROXIMATELY $340K, WHICH INCLUDE PAYROLL, LOCAL, STATE, AND FEDERAL TAXES. THE MINT'S SPECIAL EVENTS AND SHOPS REVENUE, DOWN DUE TO COVID, AMOUNTED TO APPROXIMATELY $.5M ANNUALLY, AND THESE EFFORTS SERVE AS IMPORTANT VENUES FOR LOCAL BUSINESSES (CATERERS, EVENT PLANNERS, VENDORS) TO PARTNER AND THRIVE. FINALLY, 1,700 ANNUAL VOLUNTEERS OFFER A KEY RESOURCE, RESULTING IN AN ANNUAL COST SAVINGS OF APPROXIMATELY $200K.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Todd A Herman President & CEO | Officer | 40 | $295,045 |
Gary C Blankemeyer Coo/cfo | Officer | 40 | $167,034 |
Hillary Cooper Chief Advancement Officer | 40 | $111,674 | |
Annie Carlano Senior Curator | 40 | $103,744 | |
Jen A Sudul Edwards Chief Curator | 40 | $100,710 | |
Natalie Frazier Allen Chair | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
The Budd Group Inc Housekeeping/landscaping | 6/29/21 | $293,505 |
Sunstates Security Llc Security Services | 6/29/21 | $301,328 |
Biz Technology Solutions Inc It Services | 6/29/21 | $105,108 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,323,732 |
Investment income | $51,717 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $659,275 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $26,311 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $227,072 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,923,462 |
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. | $497,438 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,077,295 |
Pension plan accruals and contributions | $105,643 |
Other employee benefits | $390,589 |
Payroll taxes | $257,273 |
Fees for services: Management | $0 |
Fees for services: Legal | $14,360 |
Fees for services: Accounting | $45,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $11,147 |
Fees for services: Other | $1,558,919 |
Advertising and promotion | $154,906 |
Office expenses | $447,471 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $463,057 |
Travel | $81,257 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,220 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,902,391 |
Insurance | $84,203 |
All other expenses | $0 |
Total functional expenses | $10,312,038 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,042,810 |
Savings and temporary cash investments | $632,055 |
Pledges and grants receivable | $190,900 |
Accounts receivable, net | $219,323 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $418,344 |
Prepaid expenses and deferred charges | $283,964 |
Investments—publicly traded securities | $1,347,057 |
Investments—other securities | $26,506,848 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,858,321 |
Total assets | $80,854,701 |
Accounts payable and accrued expenses | $979,967 |
Grants payable | $0 |
Deferred revenue | $424,361 |
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 | $753,700 |
Other liabilities | $0 |
Total liabilities | $2,158,028 |
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 | $78,696,673 |
Over the last fiscal year, we have identified 14 grants that Mint Museum Of Art Inc has recieved totaling $3,570,295.
Awarding Organization | Amount |
---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $2,990,075 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $150,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $149,400 |
The Duke Energy Foundation Charlotte, NC PURPOSE: VIBRANT ECONOMIES | $125,000 |
Henry Luce Foundation Inc New York, NY PURPOSE: SOUTHERN / MODERN: ART IN THE SOUTH, 1913-1955 | $100,000 |
Dalton-Brand Foundation Inc Charlotte, NC PURPOSE: MUSEUM SUPPORT | $14,500 |
Beg. Balance | $36,438,097 |
Earnings | $10,950,622 |
Net Contributions | $431,805 |
Other Expense | $1,594,154 |
Ending Balance | $46,226,370 |
Organization Name | Assets | Revenue |
---|---|---|
Cheekwood Botanical Garden And Museum Of Art Nashville, TN | $58,316,106 | $17,726,545 |
The Chrysler Museum Inc Norfolk, VA | $126,873,495 | $33,956,756 |
Mint Museum Of Art Inc Charlotte, NC | $80,854,701 | $6,923,462 |
Hunter Museum Of Art Chattanooga, TN | $45,514,020 | $7,390,848 |
Glass-Glen Burnie Museum Inc Winchester, VA | $37,985,540 | $7,078,309 |
Telfair Museum Of Art Inc Savannah, GA | $65,681,011 | $7,397,922 |
Dixon Gallery And Gardens Memphis, TN | $9,304,777 | $5,610,012 |
The Taubman Museum Of Art Roanoke, VA | $68,810,995 | $4,453,447 |
Reynolda House Inc Winston Salem, NC | $41,896,751 | $3,493,024 |
Columbia Museum Of Art Columbia, SC | $10,316,216 | $4,304,789 |
The Columbus Museum Inc Columbus, GA | $52,804,337 | $14,324,674 |
Knoxville Museum Of Art Knoxville, TN | $12,196,877 | $3,220,850 |