Hunter Museum Of Art is located in Chattanooga, TN. The organization was established in 1988. 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 05/2022, Hunter Museum Of Art employed 96 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hunter Museum Of Art 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 05/2022, Hunter Museum Of Art generated $7.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $6.8m during the year ending 05/2022. While expenses have increased by 12.3% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE HUNTER MUSEUM OF AMERICAN ART COLLECTS, PRESERVES, AND PRESENTS AMERICAN ART AND CONNECTS THE COMMUNITY THROUGH INSPIRING EDUCATIONAL AND VISITOR FOCUSED EXPERIENCES FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WELCOMING MORE THAN 60,000 GUESTS ANNUALLY, THE HUNTER MUSEUM OF AMERICAN ART HAS SERVED FOR 70 YEARS AS A CULTURAL CENTER OF THE COMMUNITY, PRESENTING SIGNIFICANT EXHIBITIONS AND PROGRAMS, HOSTING NUMEROUS EVENTS AND GATHERINGS SERVING AS AN IMPORTANT DRAW FOR TOURISTS AND FOR BUSINESSES CONSIDERING LOCATING TO THE REGION AND PROVIDING A SAFE SPACE FOR CONTEMPLATION AND DIALOGUE. COMMITTED TO WELCOMING ALL PEOPLE, THE HUNTER IS VERY INTENTIONAL ABOUT INCLUDING UNDER-REPRESENTED ARTISTS AND AUDIENCES IN BOTH THE ARTWORK IT PRESENTS AND THE VISITORS AND COMMUNITIES IT ENGAGES. THE HUNTER MUSEUM HAS BEEN CONTINUOUSLY ACCREDITED BY THE AMERICAN ALLIANCE OF MUSEUMS SINCE 1982.
THE HUNTERS PERMANENT COLLECTION INCLUDES NEARLY 3,000 WORKS OF AMERICAN ART ALL OF WHICH ARE ACCESSIBLE THROUGH THE MUSEUMS WEBSITE SPANNING THE EARLY 1700S TO TODAY, PRESENTED ACROSS 20 GALLERIES WITHIN THE MUSEUM. THE MUSEUMS THREE STRATEGIC COLLECTING PRIORITIES ARE WORKS BY FEMALE ARTISTS, BOTH HISTORIC AND CONTEMPORARY, WORKS BY ARTISTS OF COLOR, BOTH HISTORIC AND CONTEMPORARY, AND TECHNOLOGY-BASED WORKS, INCLUDING PHOTOGRAPHY, VIDEO AND NEW MEDIA. MAKING ARTWORK AVAILABLE OUTSIDE THE WALLS OF THE MUSEUM, THE HUNTER HAS OVER TWENTY SCULPTURES INSTALLED THROUGHOUT THE CITY AND REGULARLY LOANS ARTWORK TO OTHER INSTITUTIONS AROUND THE COUNTRY, FURTHERING THE MUSEUMS ACCESSIBILITY TO A WIDER AUDIENCE. THE MUSEUM PRESENTS 4 TO 6 SPECIAL EXHIBITIONS EACH YEAR, MANY OF WHICH ARE ORGANIZED INTERNALLY. ACCOMPANYING THE ARTWORK ON VIEW ARE MULTIPLE INTERACTIVE SPACES, OFFERING GUESTS THE OPPORTUNITY TO BECOME CREATORS THEMSELVES.
THE MUSEUM IS A LEADER IN YOUTH AND ADULT EDUCATIONAL EXPERIENCES, PARTNERING WITH AREA ORGANIZATIONS AND COMMUNITY MEMBERS TO CREATE CUSTOMIZED EXPERIENCES FOR A RANGE OF AUDIENCES, SUCH AS BLACK PROFESSIONALS, TEENAGERS, TITLE 1 SCHOOL STUDENTS, SPANISH SPEAKING STUDENTS AND ADULTS, AREA EDUCATORS, PRISON INMATES. PUBLIC PROGRAMS ENGAGE WITH COMMUNITY ISSUES AND MANY FEATURE BIPOC CREATIVES AND LOCAL LEADERS, ALL PAID FOR THEIR PARTICIPATION. RECOGNIZING THAT AFFORDABILITY CAN BE A BARRIER TO ACCESS, THE MUSEUM OFFERS FREE ADMISSION FOR YOUTH 17 AND UNDER, MILITARY FAMILIES, AND SOCIAL SERVICE GROUPS, MULTIPLE FREE PROGRAMS AND FREE ADMISSION ON THE FIRST THURSDAY AFTERNOON OF EVERY MONTH. A PARTNERSHIP WITH MUSEUMS FOR ALL OFFERS EBT CARDHOLDERS AND THEIR GUESTS DEEPLY DISCOUNTED ADMISSION YEAR-ROUND. FULLY ADA COMPLIANT, THE MUSEUM HAS DEVELOPED HANDS-ON TOOLS TO OFFER ADDITIONAL AVENUES OF ACCESS FOR LOW VISION GUESTS AND THOSE ON THE AUTISM SPECTRUM AND CONTINUALLY SEEKS TO MEET AUDIENCES WHERE THEY ARE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Virginia Anne Sharber Executive Director | Officer | 40 | $206,807 |
Robert Majors Director Of Internal Operations | 40 | $114,493 | |
Andrea Crouch Chair | OfficerTrustee | 8 | $0 |
Jv Vaughn Vice-Chair | OfficerTrustee | 6 | $0 |
Dan Norton Treasurer | OfficerTrustee | 2 | $0 |
Matthew Brock Immediate Past Chair | OfficerTrustee | 4 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Tennessee Aquarium Management Services | 5/30/22 | $172,990 |
Emj Construction Llc Construction Services | 5/30/22 | $610,354 |
Statement of Revenue | |
---|---|
Federated campaigns | $98,023 |
Membership dues | $118,776 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $594,001 |
All other contributions, gifts, grants, and similar amounts not included above | $3,057,293 |
Noncash contributions included in lines 1a–1f | $2,391,175 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,868,093 |
Total Program Service Revenue | $450,608 |
Investment income | $235,586 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $254,112 |
Net Gain/Loss on Asset Sales | $2,025,856 |
Net Income from Fundraising Events | $391,465 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $52,326 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,390,848 |
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. | $321,300 |
Compensation of current officers, directors, key employees. | $144,585 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,235,020 |
Pension plan accruals and contributions | $57,307 |
Other employee benefits | $141,737 |
Payroll taxes | $109,609 |
Fees for services: Management | $88,400 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $16,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $25,912 |
Fees for services: Other | $48,085 |
Advertising and promotion | $100,779 |
Office expenses | $74,761 |
Information technology | $35,874 |
Royalties | $0 |
Occupancy | $155,098 |
Travel | $124 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $47,766 |
Interest | $33,673 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $881,779 |
Insurance | $84,201 |
All other expenses | $80,974 |
Total functional expenses | $6,776,839 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,420 |
Savings and temporary cash investments | $2,222,596 |
Pledges and grants receivable | $80,000 |
Accounts receivable, net | $105,967 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $19,967 |
Prepaid expenses and deferred charges | $111,036 |
Net Land, buildings, and equipment | $16,126,906 |
Investments—publicly traded securities | $14,373,950 |
Investments—other securities | $12,469,178 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $45,514,020 |
Accounts payable and accrued expenses | $392,784 |
Grants payable | $0 |
Deferred revenue | $200,763 |
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 | $1,526,957 |
Unsecured mortgages and notes payable | $1,096,632 |
Other liabilities | $0 |
Total liabilities | $3,217,136 |
Net assets without donor restrictions | $29,180,792 |
Net assets with donor restrictions | $13,116,092 |
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 | $45,514,020 |
Over the last fiscal year, we have identified 4 grants that Hunter Museum Of Art has recieved totaling $50,000.
Awarding Organization | Amount |
---|---|
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: 2021 ANNUAL FUND | $20,000 |
Greater Chattanooga Sports & Events Commitee Chattanooga, TN PURPOSE: SUPPORT | $10,000 |
Mckenzie Foundation Chattanooga, TN PURPOSE: OPERATING FUNDS | $10,000 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: ART IN ACTION | $10,000 |
Beg. Balance | $32,556,118 |
Earnings | -$2,422,765 |
Net Contributions | $28,000 |
Other Expense | $1,760,825 |
Ending Balance | $28,400,528 |
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 |
J B Speed Art Museum Louisville, KY | $144,061,757 | $14,473,949 |
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 |
Mississippi Museum Of Art Inc Jackson, MS | $2,798,163 | $5,472,334 |
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 |
Kemper Museum Operating Foundation Kansas City, MO | $21,285,156 | $4,170,305 |