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Nonprofiteer
← MONTCLAIR ART MUSEUM

Form 990 for tax year 2023

Filed by MONTCLAIR ART MUSEUM.

Totals

Total revenue
$4,433,875
Total expenses
$5,928,160
Contributions and grants received
$2,593,224
Grants paid
$17,845
Program service revenue
$955,269
Investment income
$798,388
Other revenue
$86,994
Total assets, end of year
$22,810,509
Total liabilities, end of year
$2,623,433
Net assets or fund balances, end of year
$20,187,076
Program services expenses (Part IX)
$4,809,391
Management and general expenses
$470,917
Fundraising expenses
$647,852
Program service expenses (Part III)
$4,809,391

Program services were 81.1% 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

    $294,637

  • 1c · Fundraising events

    $369,545

  • 1e · Government grants (contributions)

    $475,218

  • 1f · All other contributions, gifts and grants

    $1,453,824

  • 1g · Noncash contributions included above

    $147,729

  • 2a · Program service revenue: ART SCHOOL TUITION

    total $683,517 · related or exempt $683,517

  • 2b · Program service revenue: EDUCATION PROGRAMS

    total $168,336 · related or exempt $168,336

  • 2c · Program service revenue: ADMISSION FEES

    total $94,912 · related or exempt $94,912

  • 2d · Program service revenue: MEMBERSHIP DUES

    total $5,675 · related or exempt $5,675

  • 2e · Program service revenue: CURATORIAL PROGRAMS

    total $2,829 · related or exempt $2,829

  • 3 · Investment income

    total $528,724 · excluded $528,724

  • 6a · Gross rents

    personal property $191,594

  • 6b · Less rental expenses

    personal property $144,421

  • 6c · Rental income or loss

    personal property $47,173

  • 6d · Net rental income or loss

    total $47,173 · excluded $47,173

  • 7a · Gross sales of assets other than inventory

    securities $7,766,391

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

    securities $7,496,727

  • 7c · Gain or loss

    securities $269,664

  • 7d · Net gain or loss

    total $269,664 · excluded $269,664

  • 8a · Fundraising events: gross income

    $381,084

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

    $369,545

  • 8b · Fundraising events: direct expenses

    $381,084

  • 8c · Net income from fundraising events

    total $0

  • 10a · Gross sales of inventory

    $71,726

  • 10b · Cost of goods sold

    $35,105

  • 10c · Net income from sales of inventory

    total $36,621 · related or exempt $36,621

  • 11a · Other revenue: OTHER REVENUE

    total $3,200 · related or exempt $3,200

  • 11e · Other revenue, total

    $3,200

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $17,845 · program services $17,845

  • 5 · Compensation of officers, directors and key employees

    total $146,340 · program services $114,431 · management and general $13,195 · fundraising $18,714

  • 7 · Other salaries and wages

    total $2,603,976 · program services $2,020,554 · management and general $241,266 · fundraising $342,156

  • 8 · Pension plan contributions

    total $17,788 · program services $12,130 · management and general $2,003 · fundraising $3,655

  • 9 · Other employee benefits

    total $189,743 · program services $162,907 · management and general $13,106 · fundraising $13,730

  • 10 · Payroll taxes

    total $260,720 · program services $208,298 · management and general $28,421 · fundraising $24,001

  • 11c · Fees: accounting

    total $40,911 · management and general $40,911

  • 11g · Fees: other

    total $742,111 · program services $599,130 · management and general $7,053 · fundraising $135,928

  • 12 · Advertising and promotion

    total $109,626 · program services $107,475 · management and general $543 · fundraising $1,608

  • 13 · Office expenses

    total $94,882 · program services $92,014 · management and general $401 · fundraising $2,467

  • 16 · Occupancy

    total $356,977 · program services $332,466 · management and general $11,009 · fundraising $13,502

  • 20 · Interest

    total $62,884 · program services $1,257 · management and general $61,627

  • 22 · Depreciation, depletion and amortization

    total $517,290 · program services $506,944 · management and general $5,173 · fundraising $5,173

  • 23 · Insurance

    total $149,182 · program services $124,141 · management and general $16,397 · fundraising $8,644

  • 24a · Other expenses: ACQUISITION

    total $363,270 · program services $363,270

  • 24b · Other expenses: SUPPLIES AND SPECIAL PR

    total $190,349 · program services $116,390 · management and general $2,055 · fundraising $71,904

  • 24c · Other expenses: MISCELLANEOUS

    total $58,403 · program services $24,276 · management and general $27,757 · fundraising $6,370

  • 24d · Other expenses: FINANCE LEASE EXPENSE

    total $5,863 · program services $5,863

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $442,309 · end of year $217,321

  • 2 · Savings and temporary cash investments

    beginning of year $2,618,494 · end of year $346,577

  • 3 · Pledges and grants receivable

    beginning of year $539,521 · end of year $631,299

  • 4 · Accounts receivable

    beginning of year $34,626 · end of year $4,671

  • 8 · Inventories for sale or use

    beginning of year $27,933 · end of year $33,623

  • 9 · Prepaid expenses and deferred charges

    beginning of year $52,644 · end of year $66,501

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

    $21,077,474

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

    $12,809,518

  • 10c · Land, buildings and equipment, net

    beginning of year $8,066,626 · end of year $8,267,956

  • 11 · Investments: publicly traded securities

    beginning of year $12,426,273 · end of year $13,238,026

  • 15 · Other assets

    beginning of year $11,655 · end of year $4,535

  • 17 · Accounts payable and accrued expenses

    beginning of year $284,499 · end of year $285,757

  • 19 · Deferred revenue

    beginning of year $326,895 · end of year $353,877

  • 20 · Tax-exempt bond liabilities

    beginning of year $2,287,440 · end of year $1,979,264

  • 25 · Other liabilities

    beginning of year $11,655 · end of year $4,535

  • 27 · Net assets without donor restrictions

    beginning of year $19,186,234 · end of year $18,157,128

  • 28 · Net assets with donor restrictions

    beginning of year $2,123,358 · end of year $2,029,948

Mission and programs · 2023

Mission

SEE SCHEDULE O

Activities or mission (Part I)

THE MONTCLAIR ART MUSEUM, TOGETHER WITH ITS VANCE WALL ART EDUCATION CENTER, ENGAGES ITS DIVERSE COMMUNITY THROUGH DISTINCTIVE EXHIBITIONS, EDUCATIONAL PROGRAMS, AND COLLECTIONS OF AMERICAN AND NATIVE AMERICAN ART. ITS MISSION IS TO INSPIRE AND ENGAGE PEOPLE OF ALL AGES IN THEIR EXPERIENCE WITH ART, INCLUDING THE RICH INTER-CULTURAL AND GLOBAL CONNECTIONS THROUGHOUT AMERICAN HISTORY, AND THE CONTINUING RELEVANCE OF ART TO CONTEMPORARY LIFE.

  • CURATORIAL:THE MONTCLAIR ART MUSEUM INSPIRES AND ENRICHES THE LIVES OF OVER 81,000 VISITORS (81,196 IN-PERSON AND 150 VIRTUAL) THROUGH EXHIBITIONS HELD AT THE MUSEUM OR SELF-ORGANIZED NATIONALLY TRAVELING SPECIAL EXHIBITIONS. THE MUSEUM'S PUBLICATIONS OFTEN ACCOMPANY THESE EXHIBITIONS. THE DEPARTMENT ALSO MANAGES THE DISPLAY, PRESERVATION, AND GROWTH OF THE MUSEUM'S PERMANENT COLLECTION OF OVER 12,000 AMERICAN AND NATIVE AMERICAN WORKS OF ART, AS WELL AS LOANS OF SELECTED WORKS TO EXHIBITIONS IN THE UNITED STATES AND ABROAD.

    Expenses $2,182,598 · Revenue $2,829

  • EDUCATION:THE MUSEUM OFFERS A DIVERSE SCHEDULE OF PROGRAMS DESIGNED TO ENGAGE A BROAD RANGE OF AUDIENCES. THROUGH AN ACTIVE SCHEDULE OF LECTURES, SCHOOL PARTNERSHIPS, COMMUNITY PARTNERSHIPS, TOURS AND EVENTS, THE MUSEUM PROVIDES VISITORS WITH ACCESSIBLE AND UNIQUE OPPORTUNITIES TO LEARN AND ENGAGE WITH THE ARTS. THE MUSEUM ALSO OFFERS A VARIETY OF ART CLASSES, CAMPS AND STUDIO WORKSHOPS WHERE PARTICIPANTS CREATE VARIOUS TYPES OF ART WHICH ARE OFTEN RELEVANT TO THE MUSEUM'S CURRENT EXHIBITIONS.

    Expenses $1,989,658 · Grants $17,845 · Revenue $851,853

  • MEMBERSHIP:THE MONTCLAIR ART MUSEUM INCLUDES MORE THAN 2,500-MEMBER HOUSEHOLDS. MEMBERS HAVE ACCESS TO EXCLUSIVE PROGRAMS AND EVENTS, DISCOUNTS ON ART CLASSES AND STORE PURCHASES, AND FREE ACCESS TO A NATIONAL NETWORK OF PARTICIPATING MUSEUMS. THE MUSEUM ALSO ENJOYS THE ACTIVE SERVICE OF OVER 280 VOLUNTEERS WHO VOLUNTEER AS TRUSTEES, DOCENTS, STUDIO ASSISTANTS AND EVENT GREETERS. TOGETHER, MAM WAS THE BENEFICIARY OF OVER 10,000 HOURS OF VOLUNTEER ASSISTANCE ANNUALLY.

    Expenses $425,891 · Revenue $5,675

  • OTHER PROGRAM SERVICES:MUSEUM STORE - THE STORE AT MAM OFFERS A WIDE VARIETY OF WELL-DESIGNED MERCHANDISE THAT CAN BE ENJOYED BY THE WHOLE FAMILY. ITEMS RELATED TO THE MUSEUM'S COLLECTIONS OF AMERICAN AND NATIVE AMERICAN ART ARE AVAILABLE AS WELL AS HAND-CRAFTED JEWELRY, AND GLASSWARE, CERAMIC OBJECTS AND DECORATIVE HOME ACCENTS OF THE HIGHEST CALIBER. IN ADDITION, THE STORE AT MAM OFFERS A WELL-EDITED SELECTION OF ART-RELATED GIFTS FOR CHILDREN INCLUDING BOOKS, ART IMPLEMENTS, TOYS, GAMES AND FUN COLLECTIBLES.

    Expenses $211,244 · Revenue $134,733

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

Listed in Part VII

  • FRANK JWALTER III

    PRESIDENT

    Total calculated
    $0
    Hours/week
    6

  • NEWTON B SCHOTT JR

    VICE CHAIR & SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • JOAN ZIEF

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • CHRISTINE JAMES

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    6

  • SUSAN BRADY ABADAN

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • LISA AMATO

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • LINDER K ANDLINGER

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • ALEXIS O DAVIS

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • LYNN GLASSER

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • MICHAEL HENINGBURG JR

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • DEBORAH HIRSCH

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • JANICE LINAUGH

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • GRETCHEN PRATER

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • LYN B REITER

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • ANN SCHAFFER

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • CHERYL SLUTZKY

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • SHARON C TAYLOR

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • ROBERT L TORTORIELLO

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • ARTHUR HATZOPOULOS

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • VALERIE J ABLAZA MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ANGELA BEEKERS-UBEROI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • HEATHER BENJAMIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SUSAN V BERSHAD MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JAMES BLAKE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KIMBERLY Y CHAINEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SYLVIA COHN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SUSAN COLE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CYNTHIA CORHAN-AITKEN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JONATHAN KOPPELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • WENDY LACEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER T LEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LANA MASOR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • RICHARD E POLTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • AMY PUTMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LISA C RUSSMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DOUGLAS W TURNBULL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ED GREGORY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JAMES LEITNER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • IRA WAGNER

    EXECUTIVE DIRECTOR

    Total calculated
    $136,382
    From this org
    $120,042
    From related orgs
    $0
    Other
    $16,340
    Hours/week
    39

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
21 November 2024
IRS schema version
2023v5.1
Source object
202443269349301334

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