Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,506,367

• 1e · Government grants (contributions)

  $2,953,126

• 1f · All other contributions, gifts and grants

  $6,804,831

• 1g · Noncash contributions included above

  $172,639

• 2a · Program service revenue: PROGRAM FEES

  total $4,315,075 · related or exempt $4,315,075

• 2b · Program service revenue: MUSEUM ADMISSION

  total $2,995,914 · related or exempt $2,995,914

• 2c · Program service revenue: MEMBERSHIP DUES

  total $2,522,654 · related or exempt $2,522,654

• 2d · Program service revenue: SPECIAL EXHIBITS

  total $101,855 · related or exempt $101,855

• 2e · Program service revenue: PARKING, FOOD SERVICES AND CONCES

  total $19,000 · excluded $19,000

• 3 · Investment income

  total $994,856 · excluded $994,856

• 5 · Royalties

  total $6,375 · excluded $6,375

• 7a · Gross sales of assets other than inventory

  securities $1,047,224

• 7b · Less cost or other basis and sales expenses

  securities $1,001,722

• 7c · Gain or loss

  securities $45,502

• 7d · Net gain or loss

  total $45,502 · excluded $45,502

• 10a · Gross sales of inventory

  $5,716

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $5,716 · related or exempt $5,716

• 11a · Other revenue: MANAGEMENT SERVICES

  total $3,552,826 · related or exempt $3,552,826

• 11b · Other revenue: DEVELOPMENT FEES

  total $1,075,000 · related or exempt $1,075,000

• 11e · Other revenue, total

  $4,627,826

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $823,555 · program services $823,555

• 5 · Compensation of officers, directors and key employees

  total $552,530 · program services $368,314 · management and general $99,313 · fundraising $84,903

• 7 · Other salaries and wages

  total $7,616,765 · program services $5,049,308 · management and general $1,386,794 · fundraising $1,180,663

• 8 · Pension plan contributions

  total $266,230 · program services $186,784 · management and general $41,947 · fundraising $37,499

• 9 · Other employee benefits

  total $896,673 · program services $629,097 · management and general $141,278 · fundraising $126,298

• 10 · Payroll taxes

  total $691,451 · program services $482,045 · management and general $116,980 · fundraising $92,426

• 11a · Fees: management

  total $4,108,793 · program services $2,452,001 · management and general $750,000 · fundraising $906,792

• 11b · Fees: legal

  total $155,128 · program services $67,543 · management and general $82,703 · fundraising $4,882

• 11c · Fees: accounting

  total $81,609 · management and general $81,609

• 11d · Fees: lobbying

  total $60,050 · fundraising $60,050

• 11f · Fees: investment management

  total $111,243 · program services $2,520 · management and general $108,723

• 11g · Fees: other

  total $306,206 · program services $27,208 · management and general $250,727 · fundraising $28,271

• 12 · Advertising and promotion

  total $434,002 · program services $51,772 · management and general $5,758 · fundraising $376,472

• 13 · Office expenses

  total $538,318 · program services $126,762 · management and general $300,307 · fundraising $111,249

• 14 · Information technology

  total $760,578 · program services $67,911 · management and general $428,524 · fundraising $264,143

• 16 · Occupancy

  total $2,743,088 · program services $395,904 · management and general $2,346,315 · fundraising $869

• 17 · Travel

  total $60,012 · program services $51,019 · management and general $2,480 · fundraising $6,513

• 19 · Conferences, conventions and meetings

  total $12,114 · program services $9,386 · management and general $1,388 · fundraising $1,340

• 22 · Depreciation, depletion and amortization

  total $3,601,968 · program services $3,411,424 · management and general $54,033 · fundraising $136,511

• 23 · Insurance

  total $329,332 · program services $282,422 · management and general $46,910

• 24a · Other expenses: MATERIAL & SUPPLIES

  total $240,191 · program services $222,103 · management and general $7,243 · fundraising $10,845

• 24b · Other expenses: EQUIPMENT RENTAL

  total $132,566 · program services $132,566

• 24c · Other expenses: EVENT EXPENSES

  total $126,664 · program services $27,865 · management and general $25,475 · fundraising $73,324

• 24d · Other expenses: EXHIBIT RENTAL

  total $4,125 · program services $4,125

• 24e · All other expenses

  total $178,332 · program services $176,582 · fundraising $1,750

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $10,848,866 · end of year $14,152,029

• 2 · Savings and temporary cash investments

  beginning of year $117,044 · end of year $286,481

• 3 · Pledges and grants receivable

  beginning of year $1,780,839 · end of year $1,553,133

• 4 · Accounts receivable

  beginning of year $2,007,570 · end of year $193,711

• 9 · Prepaid expenses and deferred charges

  beginning of year $475,528 · end of year $505,839

• 10a · Land, buildings and equipment: cost or other basis

  $70,730,167

• 10b · Land, buildings and equipment: accumulated depreciation

  $44,346,685

• 10c · Land, buildings and equipment, net

  beginning of year $25,727,146 · end of year $26,383,482

• 11 · Investments: publicly traded securities

  beginning of year $17,012,113 · end of year $17,480,676

• 12 · Investments: other securities

  beginning of year $507,727 · end of year $497,453

• 13 · Investments: program-related

  beginning of year $203,553,148 · end of year $204,097,323

• 14 · Intangible assets

  end of year $8,630,859

• 15 · Other assets

  beginning of year $44,961,442 · end of year $48,201,394

• 17 · Accounts payable and accrued expenses

  beginning of year $2,615,410 · end of year $2,625,236

• 19 · Deferred revenue

  beginning of year $3,500,296 · end of year $3,028,317

• 25 · Other liabilities

  beginning of year $71,011 · end of year $9,267,649

• 27 · Net assets without donor restrictions

  beginning of year $278,217,483 · end of year $281,432,934

• 28 · Net assets with donor restrictions

  beginning of year $22,587,223 · end of year $25,628,244

The filer's explanations (Part III)

PART I, LINE 7

AMOUNTS INCLUDED ON PART II, B(II), REPRESENTS BONUSES THAT WERE APPROVED BY THE BOARD, THESE AMOUNTS WERE INCLUDED IN THE INDIVIDUAL'S W-2.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• HELEN STEINER RICE FUND LLC

  PRESERVATION AND DISSEMINATION OF THE WORKS OF HELEN STEINER RICE · OH

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• UNION TERMINAL LLC

  RENOVATION, REHAB & PRESERVATION OF UNION TERMINAL · OH

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• UNION TERMINAL CORPORATION

  C · RENOVATION, REHAB & PRESERVATION OF UNION TERMINAL · OH · 100% owned · share of assets $194,470,218 · controlled entity

  Directly controlled by CINCINNATI MUSEUM CENTER

• MERCURY MUSEUM SERVICES LLC

  C · RENOVATION, REHAB & PRESERVATION OF UNION TERMINAL · OH · 100% owned · share of income $7,860,779 · share of assets $11,068,034 · controlled entity

  Directly controlled by CINCINNATI MUSEUM CENTER