Triton Museum Of Art
- Assets
- $1.1m
- Revenue
- $693.8k
- Investments
- $0.0
- Employees
- 18
- Location
- Santa Clara, CA
- Founding
- 12/1965
- Data as of
- 06/2021
- EIN
- 94-6122076
Organization Overview
Triton Museum Of Art is located in Santa Clara, CA. The organization was established in 1965. 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, Triton Museum Of Art employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Triton 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 06/2021, Triton Museum Of Art generated $693.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $531.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE TRITON MUSEUM OF ART IS A VITAL COMMUNITY RESOURCE THAT PROVIDES ACCESSIBLE EXHIBITION AND EDUCATION PROGRAMS, PROMOTING A BROAD RANGE OF CONTEMPORARY CALIFORNIA ART.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXHIBITIONS OF ART - PROVIDE A SERIES OF ROTATING EXHIBITIONS THAT FOCUS ON CONTEMPORARY CALIFORNIA ART AS WELL AS CARING FOR WORKS OF ART FROM THE MUSEUMS PERMANENT COLLECTION.
COMMUNITY INVOLVEMENT - PROVIDING NEWSLETTERS, BROCHURES AND CATALOGS TO COMPLIMENT THE MUSEUM'S EXHIBITIONS AND EDUCATIONAL PROGRAMS; OPERATING A MUSEUM SHOP AND SPONSORING ART COMPETITIONS TO SHOWCASE LOCAL ARTISTS AND EXHIBITIONS
EDUCATION PROGRAMS - PROVIDING IN-HOUSE AND OFF-SITE PROGRAMS TO APPROXIMATELY 10,000 PEOPLE ANNUALLY, INCLUDING STUDENTS, TEACHERS, SENIOR CITIZENS AND CORPORATE EMPLOYEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Preston Metcalf Exec. Director | Officer | 40 | $84,150 |
Cory Morgan Vice President | OfficerTrustee | 0.5 | $0 |
Jeff Bramschreiber President | OfficerTrustee | 0.5 | $0 |
Pilar Furlong Treasurer | OfficerTrustee | 0.5 | $0 |
Elke Groves Secretary | OfficerTrustee | 0.5 | $0 |
Amanda Rawson Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,540 |
| Fundraising events | $5,000 |
| Related organizations | $0 |
| Government grants | $490,852 |
| All other contributions, gifts, grants, and similar amounts not included above | $92,045 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $602,437 |
| Total Program Service Revenue | $26,414 |
| Investment income | $6,890 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,020 |
| Net Gain/Loss on Asset Sales | $16,753 |
| Net Income from Fundraising Events | $34,276 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $693,790 |
| 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. | $86,840 |
| Compensation of current officers, directors, key employees. | $86,840 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $257,968 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $53,814 |
| Payroll taxes | $27,432 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,469 |
| Fees for services: Other | $0 |
| Advertising and promotion | $824 |
| Office expenses | $26,891 |
| Information technology | $3,082 |
| Royalties | $0 |
| Occupancy | $20,407 |
| Travel | $0 |
| 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 | $7,220 |
| Insurance | $16,456 |
| All other expenses | $2,188 |
| Total functional expenses | $531,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $232,655 |
| Savings and temporary cash investments | $619,282 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,929 |
| Net Land, buildings, and equipment | $34,902 |
| Investments—publicly traded securities | $250,941 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,143,709 |
| Accounts payable and accrued expenses | $27,912 |
| Grants payable | $0 |
| Deferred revenue | $8,635 |
| 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 | $106,460 |
| Other liabilities | $0 |
| Total liabilities | $143,007 |
| Net assets without donor restrictions | $939,905 |
| Net assets with donor restrictions | $60,797 |
| 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 | $1,143,709 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Triton Museum Of Art has recieved totaling $8,031.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Creates San Jose, CA PURPOSE: SUPPORT THE EXEMPT PURPOSE OPERATIONS OF THE ORGANIZATION | $8,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $31 |
Endowment Analysis
| Beg. Balance | $218,486 |
| Earnings | $32,455 |
| Ending Balance | $250,941 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Museum Of Modern Art San Francisco, CA | $782,459,375 | $60,826,981 |
Asian Art Museum Foundation Of San Francisco San Francisco, CA | $256,031,716 | $41,593,816 |
Armand Hammer Museum Of Art And Cultural Center Inc Los Angeles, CA | $286,371,378 | $27,039,549 |
Portland Art Museum Portland, OR | $150,113,696 | $27,542,215 |
The Broad Los Angeles, CA | $573,557,667 | $36,313,761 |
Museum Of Contemporary Art Los Angeles, CA | $173,324,238 | $20,204,928 |
San Diego Museum Of Art San Diego, CA | $78,902,831 | $13,995,818 |
Honolulu Museum Of Art Honolulu, HI | $136,524,458 | $12,640,830 |
Phoenix Art Museum Phoenix, AZ | $7,242,004 | $9,400,156 |
Crocker Art Museum Association Sacramento, CA | $31,464,464 | $12,237,025 |
Nevada Museum Of Art Inc Reno, NV | $65,871,084 | $23,939,678 |
Santa Barbara Museum Of Art Santa Barbara, CA | $142,171,274 | $22,074,169 |