Tucson Museum Of Art
- Assets
- $10.9m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 57
- Location
- Tucson, AZ
- Founding
- 02/1956
- Data as of
- 06/2022
- EIN
- 86-6006371
Organization Overview
Tucson Museum Of Art is located in Tucson, AZ. The organization was established in 1956. 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, Tucson Museum Of Art employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tucson 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 06/2022, Tucson Museum Of Art generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $3.6m during the year ending 06/2022. While expenses have increased by 4.6% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O THE TUCSON MUSEUM OF ART AND HISTORIC BLOCK CONNECTS ART TO LIFE THROUGH MEANINGFUL, ENGAGING EXPERIENCES THAT INSPIRE DISCOVERY, SPARK CREATIVITY, AND PROMOTE CULTURAL UNDERSTANDING.
Describe the Organization's Program Activity:
CURATORIAL & EXHIBITIONS:TO ACHIEVE ITS MISSION OF "CONNECTING ART TO LIFE," THE TUCSON MUSEUM OF ART AND HISTORIC BLOCK PRESERVES AND INTERPRETS ITS COLLECTIONS OF THE ART OF LATIN AMERICA, ART OF THE AMERICAN WEST, AND MODERN AND CONTEMPORARY ART; CARES FOR AND INTERPRETS FIVE SIGNIFICANT EL PRESIDIO HISTORIC PROPERTIES; AND PRODUCES RELATED EXHIBITIONS, EDUCATION PROGRAMS, AND PUBLICATIONS WHICH EXPAND UNDERSTANDING AND APPRECIATION OF THESE UNIQUE COMMUNITY RESOURCES.THE MUSEUM PRESENTED 4 EXHIBITIONS DURING THE FISCAL YEAR ALONG WITH DISPLAY OF ITS COLLECTION.
EDUCATION:THE TUCSON MUSEUM OF ART FOSTERS A DEEPER UNDERSTANDING AND APPRECIATION FOR ITS HISTORIC COLLECTIONS THROUGH ITS NUMEROUS EDUCATIONAL PROGRAMS. THE MUSEUM OFFERS A WIDE ARRAY OF PROGRAMS TO THE PUBLIC, INCLUDING THE YOUTH/PRE-K-12 SCHOOL PROGRAMS, COMMUNITY OUTREACH PROGRAMS, FAMILY PROGRAMS, ACCESSIBLE PROGRAMS, AND THE RESEARCH LIBRARY.THE MUSEUM'S EDUCATION PROGRAMS SERVED K-12 SCHOOLS WITH IN-SCHOOL CLASSROOM PRESENTATION, IN ADDITION TO NUMEROUS PUBLIC PROGRAMS DESIGNED TO ENGAGE ALL COMMUNITY MEMBERS IN CONVERSATIONS, LECTURES, GALLERY TOURS AND OTHER EXPERIENCES THAT PROVIDE AN INTERDISCIPLINARY AND MULTI-DIMENSIONAL PERSPECTIVE OF THE PERMANENT COLLECTION AND SPECIAL EXHIBITIONS.
MUSEUM STORE:THE MUSEUM STORE FEATURES AN IMPRESSIVE SELECTION OF WORKS BY ARIZONA'S MOST TALENTED ARTISTS AND CRAFTSPEOPLE. MANY OF THE WORKS ARE ON CONSIGNMENT FROM LOCAL ARTISANS WHILE OTHERS ARE PURCHASED FOR RESALE. THE STORE EXISTS TO PROVIDE AN AVENUE OF EXPOSURE FOR THE LOCAL ART COMMUNITY AND SUPPLY TUCSON WITH A VENUE FOR LOCAL TALENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Adamson Trustee | Trustee | 2 | $0 |
Andy Anderson Trustee Emeritus | Trustee | 2 | $0 |
Alice Baker Trustee Emeritus | Trustee | 2 | $0 |
Judy Betty Trustee Ex-Officio | Trustee | 2 | $0 |
Joyce Broan Secretary | OfficerTrustee | 2 | $0 |
Mary Jo Brown President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $270,454 |
| Fundraising events | $307,415 |
| Related organizations | $0 |
| Government grants | $139,583 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,640,812 |
| Noncash contributions included in lines 1a–1f | $157,721 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,358,264 |
| Total Program Service Revenue | $659,396 |
| Investment income | $115,145 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $134,086 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $113,298 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $113,894 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,556,270 |
| 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. | $367,034 |
| Compensation of current officers, directors, key employees. | $161,541 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $892,956 |
| Pension plan accruals and contributions | $22,415 |
| Other employee benefits | $85,855 |
| Payroll taxes | $114,454 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,898 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $360,207 |
| Advertising and promotion | $99,517 |
| Office expenses | $238,446 |
| Information technology | $95,146 |
| Royalties | $320 |
| Occupancy | $230,658 |
| Travel | $49,424 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,910 |
| Interest | $96 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $459,942 |
| Insurance | $81,711 |
| All other expenses | $152,020 |
| Total functional expenses | $3,582,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,220,636 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $238,288 |
| Accounts receivable, net | $37,849 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $30,060 |
| Prepaid expenses and deferred charges | $86,157 |
| Net Land, buildings, and equipment | $7,477,495 |
| Investments—publicly traded securities | $1,791,133 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $14,000 |
| Other assets | $0 |
| Total assets | $10,895,618 |
| Accounts payable and accrued expenses | $112,530 |
| Grants payable | $0 |
| Deferred revenue | $338,004 |
| 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 | $0 |
| Total liabilities | $450,534 |
| Net assets without donor restrictions | $6,507,640 |
| Net assets with donor restrictions | $3,937,444 |
| 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 | $10,895,618 |