Corporation Of The Fine Arts Museums

Organization Overview

Corporation Of The Fine Arts Museums is located in San Francisco, CA. The organization was established in 1987. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Corporation Of The Fine Arts Museums employed 332 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corporation Of The Fine Arts Museums 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, Corporation Of The Fine Arts Museums generated $51.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $44.9m during the year ending 06/2022. While expenses have increased by 0.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE A RICH AND DIVERSIFIED EXPERIENCE OF ART AND CULTURE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXHIBITIONS - COFAM PRESENTED 17 EXHIBITIONS IN THE DE YOUNG AND LEGION OF HONOR DURING FYE JUNE 30, 2022. THIS WAS A INCREASE FROM THE PRIOR YEAR, LARGELY DUE TO THE 2021 MUSEUM'S COVID CLOSURE FOR ALMOST 6 MONTHS OF THE FISCAL YEAR AND REDUCED ATTENDANCE REQUIREMENTS. THE WIDE RANGE OF EXHIBITIONS REFLECTS THE ENCYCLOPEDIC NATURE OF THE MUSEUMS AND INCLUDED: JUDY CHICAGO: A RETROSPECTIVE; ALICE NEEL: PEOPLE COME FIRST; PATRICK KELLY: RUNWAY OF LOVE; THE OBAMA PORTRAITS; LAST SUPPER IN POMPEI: FROM THE TABLE TO THE GRAVE; COLOR INTO LINE: PASTELS FROM THE RENAISSANCE TO PRESENT; AND GUO PEI: COUTURE FANTASY. THE MUSEUMS WELCOMED 772,000 GUESTS IN FISCAL 2022, WHICH WAS MORE THAN TWICE AS MANY THAN IN THE PRIOR YEAR. THIS WAS DUE TO THE SUCCESSFUL GUO PEI EXHIBIT IN FISCAL 2022 WHICH EXCEEDED ATTENDANCE EXPECTATIONS AND WAS EXTENDED DUE TO ITS POPULARITY, AND THAT THE 2021 WAS AFFECTED BY EXTENDED COVID CLOSURES AND RELATED STATUTORY LIMITS ON ATTENDANCE DUE TO CITY REQUIREMENTS.


TRANSFER TO FINE ARTS MUSEUMS FOUNDATION.


COLLECTIONS RESEARCH, CARE AND CONSERVATION - COFAM'S STAFF INCLUDE CURATORS, REGISTRARS AND CONSERVATORS WHO HANDLE, RESEARCH AND CARE FOR THE CITY'S SIGNIFICANT PERMANENT COLLECTIONS HOUSED AND EXHIBITED AT THE DE YOUNG AND LEGION OF HONOR, AS WELL AS WORKS BORROWED FROM OTHER INSTITUTIONS AND PRIVATE COLLECTIONS FOR SPECIAL EXHIBITIONS. CARE AND RESEARCH EXTEND TO A ROBUST PROGRAM OF NEW ACQUISITIONS.


EDUCATION AND PUBLIC PROGRAMS - COFAM OFFERS AN EXTENSIVE ARRAY OF EDUCATION AND PUBLIC PROGRAMS, INCLUDING FREE SATURDAYS, FREE SCHOOL GROUP VISITS AND PROGRAMMING, AND FAMILY PROGRAMS. WE PARTNER WITH COMMUNITY GROUPS, ADVISORS AND ARTISTS TO CREATE HIGH QUALITY AND RELEVANT PROGRAMS. WE ALSO PROVIDE EDUCATIONAL TRAINING, CLASSROOM MATERIALS AND CURRICULA, AND SUPPORT TO ART PROFESSIONALS, STUDENTS, RESEARCHERS, AND TEACHERS. COFAM CONTINUES TO INNOVATE ITS EDUCATION AND PUBLIC PROGRAMS TO ASSURE EVERYONE FEELS WELCOME AND COMFORTABLE AT THE MUSEUMS, AND ABLE TO ACCESS AND DIGEST INFORMATION IN A VARIETY OF WAYS. THE MUSEUMS OFFER FREE ACCESS TO SPECIAL EXHIBITIONS SEVERAL TIMES EACH YEAR ON ACCESS MONDAYS RESERVED FOR VISITORS WITH DISABILITIES. THESE PROGRAMS SERVE OVER 200,000 VISITORS EACH YEAR.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
One Rhythm Llc
Membership Campaigns Consulting
$514,343
Pjo West Llc
Business Services
$449,454
Mike Williams Drywall
Construction
$278,500
Butler Shine Stern & Partners Llc
Advertising
$219,565
Moss Adams Llp
Audit & Tax Professionals
$171,525
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$9,495,301
Fundraising events$2,611,692
Related organizations$3,301,868
Government grants $14,269,331
All other contributions, gifts, grants, and similar amounts not included above$15,740,619
Noncash contributions included in lines 1a–1f $1,825,884
Total Revenue from Contributions, Gifts, Grants & Similar$45,418,811
Total Program Service Revenue$4,744,708
Investment income $2,551
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $108,621
Net Gain/Loss on Asset Sales $87,661
Net Income from Fundraising Events -$1,454,156
Net Income from Gaming Activities $83,301
Net Income from Sales of Inventory $2,329,062
Miscellaneous Revenue$0
Total Revenue $51,320,559

Peer Organizations

Organization NameAssets
National Academy Of Recording Arts & Sciences Inc
Santa Monica, CA
$90,864,636
Motion Picture Association Inc
Sherman Oaks, CA
$74,542,703
Corporation Of The Fine Arts Museums
San Francisco, CA
$51,320,559
Academy Of Television Arts & Sciences
North Hollywood, CA
$43,313,787
National Association Of Music Merchants Inc
Carlsbad, CA
$16,842,924
Independent Film & Television Alliance
Los Angeles, CA
$14,076,625
Alliance Of Motion Picture And Television Producers
Sherman Oaks, CA
$12,120,788
National Association Of Television Program Executives Inc
Studio City, CA
$974,629
Peter Britt Gardens Music And Arts Festival Association
Medford, OR
$3,945,941
California Cable & Telecommunications
Sacramento, CA
$2,777,953
Printing Industries Association Inc
Los Angeles, CA
$1,431,684
Aia San Francisco A Chapter Of The American Institute Of Architects
San Francisco, CA
$3,787,320
Robert C Maynard Institute For Journalism Education
Oakland, CA
$1,438,021
California Newspaper Publishers Association Inc
Sacramento, CA
$1,276,257
Central Arts Alliance
Phoenix, AZ
$850,658
American Institute Of Architects Los Angeles Chapter
Los Angeles, CA
$1,646,480
Carden Portland Education Institute Inc
Hillsboro, OR
$1,224,322
Aia Oregon
Portland, OR
$882,039
Western Alliance Of Arts Adminstrators Foundations
Portland, OR
$881,901
California Bicycle Coalition Education Fund
Sacramento, CA
$774,079
Global Academy Of Science And Arts
Mountain View, CA
$608,718
Aia Arizona The American Institute Of Architects
Phoenix, AZ
$833,139
California Association Of Museums
Alpine, CA
$470,847
Society Composers And Lyricists Inc
Beverly Hills, CA
$1,068,485
Aia Honolulu
Honolulu, HI
$449,363

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