Skip to content
Nonprofiteer
← MUSEUM OF FINE ARTS

Form 990 for tax year 2023

Filed by MUSEUM OF FINE ARTS.

Totals

Total revenue
$157,680,166
Total expenses
$129,852,845
Contributions and grants received
$76,285,128
Grants paid
$0
Program service revenue
$18,243,104
Investment income
$49,378,062
Other revenue
$13,773,872
Total assets, end of year
$1,464,063,580
Total liabilities, end of year
$161,527,158
Net assets or fund balances, end of year
$1,302,536,422
Program services expenses (Part IX)
$79,444,234
Management and general expenses
$43,338,785
Fundraising expenses
$7,069,826
Program service expenses (Part III)
$79,444,234

Program services were 61.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $7,884,662

  • 1c · Fundraising events

    $114,697

  • 1e · Government grants (contributions)

    $60,000

  • 1f · All other contributions, gifts and grants

    $68,225,769

  • 1g · Noncash contributions included above

    $7,173,398

  • 2a · Program service revenue: ADMISSION

    total $10,634,005 · related or exempt $10,634,005

  • 2b · Program service revenue: OTHER MISC. PROGRAM SERVICES

    total $3,369,537 · related or exempt $3,369,537

  • 2c · Program service revenue: EDUCATION PROGRAM REVENUE

    total $2,046,673 · related or exempt $2,046,673

  • 2d · Program service revenue: RESTAURANT FOOD SERVICES

    total $1,760,282 · related or exempt $1,760,282

  • 2e · Program service revenue: EXHIBITION

    total $432,607 · related or exempt $432,607

  • 3 · Investment income

    total $7,637,178 · unrelated business -$336,940 · excluded $7,974,118

  • 6a · Gross rents

    real property $6,926,036

  • 6b · Less rental expenses

    real property $1,945,079

  • 6c · Rental income or loss

    real property $4,980,957

  • 6d · Net rental income or loss

    total $4,980,957 · excluded $4,980,957

  • 7a · Gross sales of assets other than inventory

    securities $301,661,679 · other assets $3,465,000

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

    securities $263,385,795 · other assets $0

  • 7c · Gain or loss

    securities $38,275,884 · other assets $3,465,000

  • 7d · Net gain or loss

    total $41,740,884 · unrelated business $88,448 · excluded $41,652,436

  • 8a · Fundraising events: gross income

    $48,643

  • 8a · Fundraising events: contributions included on line 1c

    $114,697

  • 8b · Fundraising events: direct expenses

    $52,421

  • 8c · Net income from fundraising events

    total -$3,778 · excluded -$3,778

  • 10a · Gross sales of inventory

    $5,808,668

  • 10b · Cost of goods sold

    $2,786,118

  • 10c · Net income from sales of inventory

    total $3,022,550 · related or exempt $3,011,548 · unrelated business $11,002

  • 11a · Other revenue: PARKING

    total $5,774,143 · related or exempt $4,897,685 · unrelated business $876,458

  • 11e · Other revenue, total

    $5,774,143

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $3,809,607 · program services $757,756 · management and general $2,546,686 · fundraising $505,165

  • 7 · Other salaries and wages

    total $36,070,237 · program services $17,287,832 · management and general $14,771,915 · fundraising $4,010,490

  • 8 · Pension plan contributions

    total $2,255,309 · program services $1,024,768 · management and general $976,061 · fundraising $254,480

  • 9 · Other employee benefits

    total $4,433,043 · program services $2,591,116 · management and general $1,280,833 · fundraising $561,094

  • 10 · Payroll taxes

    total $2,953,209 · program services $1,341,880 · management and general $1,278,101 · fundraising $333,228

  • 11a · Fees: management

    total $2,203,671 · program services $2,203,671

  • 11b · Fees: legal

    total $453,163 · program services $7,160 · management and general $446,003

  • 11c · Fees: accounting

    total $349,771 · program services $19,848 · management and general $329,923

  • 11f · Fees: investment management

    total $8,502,924 · program services $975,303 · management and general $7,490,570 · fundraising $37,051

  • 11g · Fees: other

    total $2,556,536 · program services $525,084 · management and general $1,988,868 · fundraising $42,584

  • 12 · Advertising and promotion

    total $1,539,062 · program services $169,889 · management and general $1,369,173

  • 13 · Office expenses

    total $2,226,093 · program services $1,043,756 · management and general $1,138,110 · fundraising $44,227

  • 14 · Information technology

    total $1,435,567 · program services $3,359 · management and general $1,431,988 · fundraising $220

  • 16 · Occupancy

    total $4,593,010 · program services $4,361,266 · management and general $231,744

  • 17 · Travel

    total $1,230,687 · program services $717,313 · management and general $419,335 · fundraising $94,039

  • 20 · Interest

    total $5,359,354 · program services $4,270,587 · management and general $1,088,767

  • 22 · Depreciation, depletion and amortization

    total $22,286,111 · program services $21,331,363 · management and general $936,177 · fundraising $18,571

  • 23 · Insurance

    total $1,677,357 · program services $654,244 · management and general $1,023,113

  • 24a · Other expenses: UBIT TAX

    total $167,496 · management and general $167,496

  • 24b · Other expenses: EXHIBITIONS & SPECIAL

    total $9,211,697 · program services $9,211,697

  • 24c · Other expenses: PURCHASE WORKS OF ART

    total $7,814,925 · program services $7,275,651 · management and general $539,274

  • 24d · Other expenses: OTHER GENERAL & ADMINIS

    total $7,755,429 · program services $3,271,401 · management and general $3,323,308 · fundraising $1,160,720

  • 24e · All other expenses

    total $968,587 · program services $399,290 · management and general $561,340 · fundraising $7,957

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $60,653,579 · end of year $65,972,295

  • 2 · Savings and temporary cash investments

    beginning of year $65,474,457 · end of year $81,683,613

  • 3 · Pledges and grants receivable

    beginning of year $73,975,240 · end of year $81,840,548

  • 4 · Accounts receivable

    beginning of year $810,377 · end of year $1,105,244

  • 8 · Inventories for sale or use

    beginning of year $1,860,928 · end of year $1,555,384

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,705,682 · end of year $1,619,910

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

    $709,977,968

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

    $426,671,554

  • 10c · Land, buildings and equipment, net

    beginning of year $296,518,405 · end of year $283,306,414

  • 11 · Investments: publicly traded securities

    beginning of year $514,858,810 · end of year $570,871,477

  • 12 · Investments: other securities

    beginning of year $355,977,102 · end of year $366,238,712

  • 15 · Other assets

    beginning of year $10,783,053 · end of year $9,869,983

  • 17 · Accounts payable and accrued expenses

    beginning of year $19,744,320 · end of year $16,752,084

  • 19 · Deferred revenue

    beginning of year $2,756,777 · end of year $4,665,078

  • 20 · Tax-exempt bond liabilities

    beginning of year $99,843,201 · end of year $99,854,018

  • 24 · Unsecured notes and loans payable

    beginning of year $6,328,280 · end of year $5,067,379

  • 25 · Other liabilities

    beginning of year $35,090,472 · end of year $35,188,599

  • 27 · Net assets without donor restrictions

    beginning of year $160,703,862 · end of year $180,269,574

  • 28 · Net assets with donor restrictions

    beginning of year $1,058,150,721 · end of year $1,122,266,848

Mission and programs · 2023

Mission

SEE SCHEDULE O.

Activities or mission (Part I)

THE MUSEUM OF FINE ARTS HOUSES AND PRESERVES PREEMINENT COLLECTIONS AND ASPIRES TO SERVE A WIDE VARIETY OF PEOPLE THROUGH DIRECT ENCOUNTERS WITH WORKS OF ART IN ORDER TO ENCOURAGE INQUIRY AND TO HEIGHTEN PUBLIC UNDERSTANDING AND APPRECIATION OF THE VISUAL WORLD.

  • EDUCATION PROGRAMS: THE MUSEUM MAINTAINS AN ONGOING SERIES OF EDUCATION PROGRAMS AND ACTIVITIES IN ORDER TO FURTHER THE MISSION OF THE MUSEUM AND PROVIDE EDUCATIONAL OPPORTUNITIES IN ART. EDUCATION PROGRAMS COVER A WIDE SPECTRUM OF TOPICS AND INCLUDE STUDIO ART CLASSES AND WORKSHOPS FOR CHILDREN, TEENS AND ADULTS, LECTURES, FILMS, CONCERTS, A VARIETY OF OTHER COURSES, FREE DEMONSTRATIONS AND TALKS, FREE WORKSHOPS FOR EDUCATORS, SCHOOL GROUP TOURS, PARTNERSHIPS WITH LOCAL AREA SCHOOLS, AFTER-SCHOOL PROGRAMS AND COMMUNITY GROUPS TO ENGAGE YOUTH IN ARTS AND PROGRAMS FOR FAMILY VISITS TO THE MUSEUM.

    Expenses $17,299,145 · Revenue $2,046,673

  • EXHIBITIONS: WITH A COLLECTION OF NEARLY 500,000 OBJECTS, THE MUSEUM OWNS SOME OF THE RARE AND IMPORTANT ARTISTIC TREASURES IN THE WORLD. SUCH A COLLECTION ENABLES THE MUSEUM TO PRESENT MANY SPECIAL EXHIBITIONS WITH A BALANCE BETWEEN SCHOLARLY PROGRAMS AND THOSE WITH BROAD PUBLIC APPEAL. DURING FISCAL YEAR 2024, THE MUSEUM PRESENTED 28 EXHIBITIONS. SOME HIGHLIGHTS INCLUDE: MATTHEW WONG: THE REALM OF APPEARANCES; TINY TREASURES: THE MAGIC OF MINIATURES; TENDER LOVING CARE: CONTEMPORARY ART FROM THE COLLECTION; THE BANNER PROJECT: SHEIDA SOLEIMANI; STRONG WOMEN IN RENAISSANCE ITALY; TOSHIKO TAKAEZU: SHAPING ABSTRACTION; FASHIONED BY SARGENT; DIGITAL IRIDESCENCE: JELL-O IN NEW MEDIA; MARKING RESILIENCE: INDIGENOUS NORTH AMERICAN PRINTS; CREATIVE SPACES: THE PHOTOGRAPHER'S STUDIO AS INSPIRATION; MONDRIAN: FOUNDATIONS; FY24 SMFA AT TUFTS TRAVELING FELLOW: DINORA JUSTICE: THE LAY OF THE LAND; THINKING SMALL [CNA: YALE UNIVERSITY ART GALLERY 2023]; ROT: COMRADE SISTERS: WOMEN OF THE BLACK PANTHER PARTY; HALLYU! THE KOREAN WAVE; DRESS UP; SONGS FOR MODERN JAPAN: POPULAR MUSIC AND GRAPHIC DESIGN, 1900-1950; ANCESTORS AND PLACE: INDIGENOUS NORTH AMERICAN PRINTS; FOUR WOMXN: NEW MUSINGS ON BLACKNESS; FY24 COMMUNITY ARTS INITIATIVE: OUR FAMILY PORTRAIT; BARBARA BOSWORTH: THE MEADOW; HYMAN BLOOM: LANDSCAPES OF THE MIND; EDWIN HOLGATE AS PRINTMAKER; LBM: ANSEL ADAMS IN OUR TIME AT SAN FRANCISCO, CA; NUBIA: TREASURES OF ANCIENT SUDAN AT ATLANTA, GA; TATTOOS AT JACKSONVILLE, FL; DUTCH ART IN A GLOBAL AGE AT ATLANTA, GA & FORT WORTH, TX; HOKUSAI: INSPIRATION AND INFLUENCE AT KANSAS CITY, MO.

    Expenses $16,487,347 · Revenue $432,607

  • ENTERPRISE: THE MUSEUM'S RETAIL OPERATIONS OFFERS A WIDE VARIETY OF MERCHANDISE RELATED TO THE MUSEUM'S COLLECTIONS AND SPECIAL EXHIBITIONS, WHICH CONTRIBUTE IMPORTANTLY TO THE ACHIEVEMENT OF THE MUSEUM'S EXEMPT EDUCATIONAL PURPOSE BY MAKING WORKS OF ART FAMILIAR TO A BROADER SEGMENT OF THE PUBLIC. OFFERINGS AT SHOP INCLUDE ART BOOKS, POSTERS, CARDS, GLASS, TEXTILES, JEWELRY AND SCULPTURE. MERCHANDISE IS FOR SALE IN THE PHYSICAL SHOPS OR THROUGH RETAIL'S WEB-BASED OUTLET.THE MUSEUM IS EXEMPT AS AN EDUCATIONAL ORGANIZATION ON THE BASIS OF ITS OWNERSHIP, MAINTENANCE, AND EXHIBITION FOR PUBLIC VIEWING OF WORKS OF ART. THE SALES OF SUCH ITEMS CONTRIBUTES IMPORTANTLY TO THE ACHIEVEMENT OF THE MUSEUM'S EXEMPT EDUCATIONAL PURPOSES BY STIMULATING AND ENHANCING PUBLIC AWARENESS, INTEREST, AND APPRECIATION OF ART. MOREOVER, A BROADER SEGMENT OF THE PUBLIC MAY BE ENCOURAGED TO VISIT THE MUSEUM ITSELF TO SHARE IN ITS EDUCATIONAL FUNCTIONS AND PROGRAMS AS A RESULT OF SEEING THE ITEMS SOLD.

    Expenses $2,261,707 · Revenue $3,011,548

  • OPERATING SUPPORT: EXPENSES: $25,450,558 REVENUE: $0OPERATING SUPPORT CONSISTS OF ALL OTHER AREAS OF THE MUSEUM. INCLUDING PROTECTIVE SERVICES, FACILITIES AND OTHER AREAS WHICH SUPPORT THE OPERATIONS OF THE MUSEUM AND ITS MISSION.PARKING FACILITIES: EXPENSES: $1,202,319 REVENUE: $4,897,685THE MUSEUM OWNS A PARKING GARAGE AND HAS TWO OPEN-AIR PARKING LOTS. ALL OF THESE FACILITIES ARE OPEN TO MEMBERS AND VISITORS TO THE MUSEUM. THE OPERATION OF ADJACENT PARKING LOTS BY THE MUSEUM, IN AREAS OF INSUFFICIENT PARKING SPACES FOR THE USE OF ITS VISITORS, CONTRIBUTES IMPORTANTLY TO THE MUSEUM'S EXEMPT PURPOSE BY ENCOURAGING VISITATION AND LONGER PERIODS VIEWING OF ITS COLLECTIONS, AND SPECIAL EXHIBITIONS. ANY PROFITS FROM THE FEE CHARGED FOR THE USE OF THE LOT IS PLACED IN THE GENERAL OPERATING FUND.FOOD SERVICES: EXPENSES: $496,919 REVENUE: $1,760,282THE MUSEUM IS ORGANIZED AND OPERATED AS AN ART MUSEUM. THE EATING FACILITIES ARE OPEN TO THE MUSEUM STAFF, EMPLOYEES, AND MEMBERS OF THE PUBLIC VISITING THE MUSEUM AND ARE OF A SIZE COMMENSURATE WITH ACCOMMODATION OF THESE SPECIAL GROUPS OF PATRONS. MEMBERSHIP & VISITORS: EXPENSES: $4,124,792 REVENUE: $10,634,005OVER 971,000 VISITORS ATTENDED THE MUSEUM DURING FISCAL YEAR 2024. DURING THE FISCAL YEAR 2024, THERE WERE MORE THAN FIVE COMMUNITY DAYS DURING WHICH ADMISSION CHARGES WERE WAIVED. THE MUSEUM HAS OVER 56,000 ACTIVE MEMBER HOUSEHOLDS. THERE ARE 8 LEVELS OF ANNUAL MEMBERSHIP WITH FEES RANGING FROM $90 TO $300. EACH CATEGORY OFFERS A WIDE VARIETY OF PRIVILEGES, SUCH AS FREE ADMISSION, PUBLICATIONS, RECIPROCAL MEMBER BENEFITS AT OTHER MAJOR ART MUSEUMS AROUND THE U.S. AND SPECIAL EVENTS.OTHER MISC. PROGRAM SERVICES: EXPENSES: $12,121,447 REVENUE: $3,369,537

    Expenses $43,396,035 · Revenue $20,661,509

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Matthew Teitelbaum

    ANN & GRAHAM GUND DIRECTOR

    Total calculated
    $1,083,513
    From this org
    $1,037,098
    From related orgs
    $0
    Other
    $46,415
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $894,092
    Bonus
    $90,000
    Other
    $53,006
    Deferred
    $26,400
    Nontaxable benefits
    $20,015
    Filer's total
    $1,083,513
  • Cameran Mason

    CHIEF EXTERNAL RELATIONS

    Total calculated
    $495,474
    From this org
    $445,100
    From related orgs
    $0
    Other
    $50,374
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $445,100
    Bonus
    $0
    Other
    $0
    Deferred
    $26,400
    Nontaxable benefits
    $23,974
    Filer's total
    $495,474
  • Eric Woods

    CHIEF OPERATING OFFICER

    Total calculated
    $483,190
    From this org
    $446,806
    From related orgs
    $0
    Other
    $36,384
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $446,806
    Bonus
    $0
    Other
    $0
    Deferred
    $26,400
    Nontaxable benefits
    $9,984
    Filer's total
    $483,190
  • Catherine Vandenabeele

    CHIEF FINANCIAL OFFICER

    Total calculated
    $402,556
    From this org
    $382,212
    From related orgs
    $0
    Other
    $20,344
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $382,212
    Bonus
    $0
    Other
    $0
    Deferred
    $18,323
    Nontaxable benefits
    $2,021
    Filer's total
    $402,556
  • Christina Yu Yu

    CHIEF OF CURATORIAL AND CO

    Total calculated
    $307,610
    From this org
    $263,267
    From related orgs
    $0
    Other
    $44,343
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $263,267
    Bonus
    $0
    Other
    $0
    Deferred
    $21,061
    Nontaxable benefits
    $23,282
    Filer's total
    $307,610
  • Emily Blumenthal

    CHIEF OF STAFF

    Total calculated
    $262,469
    From this org
    $224,231
    From related orgs
    $0
    Other
    $38,238
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $224,231
    Bonus
    $0
    Other
    $0
    Deferred
    $15,231
    Nontaxable benefits
    $23,007
    Filer's total
    $262,469
  • Debra Lakind

    SR DIR, IP & BUSINESS DEVE

    Total calculated
    $256,344
    From this org
    $213,905
    From related orgs
    $0
    Other
    $42,439
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,905
    Bonus
    $0
    Other
    $0
    Deferred
    $19,251
    Nontaxable benefits
    $23,188
    Filer's total
    $256,344
  • Edward Saywell

    CHAIR, PRINTS AND DRAWINGS

    Total calculated
    $254,304
    From this org
    $218,522
    From related orgs
    $0
    Other
    $35,782
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $218,522
    Bonus
    $0
    Other
    $0
    Deferred
    $17,482
    Nontaxable benefits
    $18,300
    Filer's total
    $254,304
  • Jane O'Reilly-Corcoran

    DIR. OF HUMAN RESOURCES

    Total calculated
    $254,235
    From this org
    $227,022
    From related orgs
    $0
    Other
    $27,213
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $227,022
    Bonus
    $0
    Other
    $0
    Deferred
    $18,162
    Nontaxable benefits
    $9,051
    Filer's total
    $254,235
  • Christopher Fox

    DIR. OF TREASURY MANAGEMEN

    Total calculated
    $250,974
    From this org
    $211,163
    From related orgs
    $0
    Other
    $39,811
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $211,163
    Bonus
    $0
    Other
    $0
    Deferred
    $16,893
    Nontaxable benefits
    $22,918
    Filer's total
    $250,974
  • Ellen J Reynolds

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $239,753
    From this org
    $219,389
    From related orgs
    $0
    Other
    $20,364
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $219,389
    Bonus
    $0
    Other
    $0
    Deferred
    $17,551
    Nontaxable benefits
    $2,813
    Filer's total
    $239,753
  • Jonathan Frederick

    SENIOR DIRECTOR, INFORMATION SYSTEMS & TECHNOLOGY

    Total calculated
    $212,882
    From this org
    $203,846
    From related orgs
    $0
    Other
    $9,036
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $203,846
    Bonus
    $0
    Other
    $0
    Deferred
    $8,308
    Nontaxable benefits
    $728
    Filer's total
    $212,882
  • Dalia Linssen

    SENIOR DIRECTOR, ACADEMIC ENGAGEMENT AND RESEARCH

    Total calculated
    $149,626
    From this org
    $137,625
    From related orgs
    $0
    Other
    $12,001
    Hours/week
    40
  • Robert Worstell

    INTERIM CHIEF OF LEARNING

    Total calculated
    $104,386
    From this org
    $96,857
    From related orgs
    $0
    Other
    $7,529
    Hours/week
    40
  • Pierre Terjanian

    CHIEF OF CURATORIAL AFFAIRS AND CONSERVATION

    Total calculated
    $48,646
    From this org
    $48,646
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Mariel Novas

    CHIEF OF LEARNING AND COMM

    Total calculated
    $16,842
    From this org
    $16,842
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Cathy E Minehan

    ELECTED TRUSTEE - CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Marc S Plonskier

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Emi M Winterer

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    1
  • Azi Djazani

    ELECTED TRUSTEE - CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Michele Courton Brown

    ELECTED TRUSTEE - CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    1
  • Susan B Weatherbie

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Paul G Alexander

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jill Avery

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Carlotte Nord Berk

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Chandler

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Monica Chandra

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Howard Cox

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Peter Creighton

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • David D Croll

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ronald M Druker

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Thomas Aj Frank

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Abigail Ross Goodman

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Edward E Greene

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Herman

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Barbara Hostetter

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • David Howse

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Clarissa C Hunnewell

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth L Johnson

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Patricia Kraft

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lizbeth Krupp

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Yuchun Lee

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Carl J Martignetti

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Linda A Mason

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Robert Nagle

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Amy Poorvu

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Antonio Porres

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Tom Seeman

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Theresa Stone

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Roberta Weiner

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Xiaohua Zhang

    ELECTED TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Carolyn Osteen

    APPOINTED TRUSTEE - BOSTON ATHENAEUM

    Total calculated
    $0
    Hours/week
    1
  • Priscilla H Douglas

    APPOINTED TRUSTEE - BOSTON PUBLIC LIBRARY

    Total calculated
    $0
    Hours/week
    1
  • Mary Skipper

    APPOINTED TRUSTEE - BOSTON PUBLIC SCHOOLS

    Total calculated
    $0
    Hours/week
    1
  • Katherine N Lapp

    APPOINTED TRUSTEE - HARVARD UNIVERSITY

    Total calculated
    $0
    Hours/week
    1
  • Michelle Wu

    APPOINTED TRUSTEE - MAYOR OF BOSTON

    Total calculated
    $0
    Hours/week
    1
  • Melissa Nobles

    APPOINTED TRUSTEE - MIT

    Total calculated
    $0
    Hours/week
    1
  • James M Glaser

    APPOINTED TRUSTEE - TUFTS UNIVERSITY

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Travel for companions
  • 1a · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
A TAXABLE LIVING ALLOWANCE OF $50,000 WAS PAID TO MATTHEW TEITELBAUM BASED ON THE EMPLOYMENT CONTRACT. TAXABLE COMPANION TRAVEL EXPENSE OF $3,006 WAS INCLUDED IN OTHER REPORTABLE COMPENSATION. PART I, LINE 1B: TRAVEL FOR COMPANIONS IS PERMITTED ONLY IF IT IS FOR BONA FIDE BUSINESS PURPOSES DIRECTLY BENEFITTING THE MUSEUM AND WITH PRIOR APPROVAL BY THE DIRECTOR, OR DIRECTOR'S DESIGNEE, OR CHAIR OR PRESIDENT OF THE BOARD OF TRUSTEES. EXCEPT UNDER VERY RARE CONDITIONS, REIMBURSEMENT OF A COMPANION WILL CONSTITUTE TAXABLE INCOME TO THE TRAVELER.
PART I, LINE 7
NON-FIXED AND DISCRETIONARY BONUSES WERE PAID TO THE FOLLOWING DURING CALENDAR YEAR 2023: MATTHEW TEITELBAUM: $90,000 THE BONUS FOR MATTHEW TEITELBAUM WAS APPROVED BY THE CHAIR AND PRESIDENT BOARD OF TRUSTEES AND SUBSEQUENTLY COMMUNICATED TO THE EXECUTIVE COMMITTEE OF THE BOARD.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

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

  • MUSEUM ENTERPRISE PARTNERS INC

    C · SALES OF ART AND RELATED · DE · 100% owned · share of assets $36,573 · controlled entity

    Directly controlled by MUSEUM OF FINE ARTS

  • CHARITABLE REMAINDER UNITRUST

    T · N/A · MA · controlled entity

  • CHARITABLE REMAINDER ANNUITY TRUST

    T · N/A · MA · controlled entity

  • PERPETUAL TRUST

    T · N/A · MA · controlled entity

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202511329349305561

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.