Totals
- Total revenue
- $3,591,644
- Total expenses
- $4,172,381
- Contributions and grants received
- $1,691,825
- Grants paid
- $0
- Program service revenue
- $410,686
- Investment income
- $1,216,017
- Other revenue
- $273,116
- Total assets, end of year
- $31,152,143
- Total liabilities, end of year
- $341,194
- Net assets or fund balances, end of year
- $30,810,949
- Program services expenses (Part IX)
- $3,023,656
- Management and general expenses
- $727,880
- Fundraising expenses
- $420,845
- Program service expenses (Part III)
- $3,023,656
Program services were 72.5% 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
$277,022
-
1c · Fundraising events
$183,950
-
1e · Government grants (contributions)
$208,657
-
1f · All other contributions, gifts and grants
$1,022,196
-
1g · Noncash contributions included above
$55,747
-
2a · Program service revenue: ADMISSION FEES
total $239,899 · related or exempt $239,899
-
2b · Program service revenue: PROGRAM FEES
total $170,787 · related or exempt $170,787
-
3 · Investment income
total $476,528 · excluded $476,528
-
6a · Gross rents
real property $358,194
-
6b · Less rental expenses
real property $115,562
-
6c · Rental income or loss
real property $242,632
-
6d · Net rental income or loss
total $242,632 · excluded $242,632
-
7a · Gross sales of assets other than inventory
securities $3,011,730
-
7b · Less cost or other basis and sales expenses
securities $2,272,241
-
7c · Gain or loss
securities $739,489
-
7d · Net gain or loss
total $739,489 · excluded $739,489
-
8a · Fundraising events: gross income
$37,634
-
8a · Fundraising events: contributions included on line 1c
$183,950
-
8b · Fundraising events: direct expenses
$80,912
-
8c · Net income from fundraising events
total -$43,278 · excluded -$43,278
-
10a · Gross sales of inventory
$165,414
-
10b · Cost of goods sold
$92,544
-
10c · Net income from sales of inventory
total $72,870 · related or exempt $72,870
-
11a · Other revenue: MISCELLANEOUS
total $892 · related or exempt $892
-
11e · Other revenue, total
$892
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $213,104 · program services $138,972 · management and general $45,640 · fundraising $28,492
-
7 · Other salaries and wages
total $1,288,370 · program services $844,680 · management and general $270,315 · fundraising $173,375
-
8 · Pension plan contributions
total $15,877 · program services $10,354 · management and general $3,400 · fundraising $2,123
-
9 · Other employee benefits
total $93,621 · program services $61,290 · management and general $19,962 · fundraising $12,369
-
10 · Payroll taxes
total $123,279 · program services $80,395 · management and general $26,402 · fundraising $16,482
-
11b · Fees: legal
total $12,467 · management and general $12,467
-
11f · Fees: investment management
total $45,824 · management and general $45,824
-
11g · Fees: other
total $515,035 · program services $312,881 · management and general $119,782 · fundraising $82,372
-
12 · Advertising and promotion
total $40,717 · program services $40,717
-
13 · Office expenses
total $51,348 · program services $34,847 · management and general $9,748 · fundraising $6,753
-
16 · Occupancy
total $245,509 · program services $168,334 · management and general $42,717 · fundraising $34,458
-
22 · Depreciation, depletion and amortization
total $709,077 · program services $687,371 · fundraising $21,706
-
23 · Insurance
total $60,225 · program services $41,593 · management and general $14,129 · fundraising $4,503
-
24a · Other expenses: TEMPORARY EXHIBITION
total $392,048 · program services $392,048
-
24b · Other expenses: GENERAL OPERATING EXPEN
total $338,298 · program services $202,290 · management and general $99,163 · fundraising $36,845
-
24c · Other expenses: MISCELLANEOUS
total $27,582 · program services $7,884 · management and general $18,331 · fundraising $1,367
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,111,214 · end of year $1,509,395
-
2 · Savings and temporary cash investments
beginning of year $251,392 · end of year $249,767
-
3 · Pledges and grants receivable
beginning of year $2,578,867 · end of year $2,451,332
-
8 · Inventories for sale or use
beginning of year $57,607 · end of year $55,671
-
9 · Prepaid expenses and deferred charges
beginning of year $82,905 · end of year $85,555
-
10a · Land, buildings and equipment: cost or other basis
$20,719,660
-
10b · Land, buildings and equipment: accumulated depreciation
$13,203,720
-
10c · Land, buildings and equipment, net
beginning of year $8,239,488 · end of year $7,515,940
-
11 · Investments: publicly traded securities
beginning of year $23,406,321 · end of year $17,944,232
-
15 · Other assets
beginning of year $1,739,881 · end of year $1,340,251
-
17 · Accounts payable and accrued expenses
beginning of year $169,144 · end of year $108,518
-
19 · Deferred revenue
beginning of year $69,010 · end of year $36,475
-
23 · Secured mortgages and notes payable
beginning of year $41,042 · end of year $15,758
-
24 · Unsecured notes and loans payable
beginning of year $150,000 · end of year $159,843
-
25 · Other liabilities
beginning of year $46,100 · end of year $20,600
-
27 · Net assets without donor restrictions
beginning of year $22,272,028 · end of year $18,557,277
-
28 · Net assets with donor restrictions
beginning of year $14,720,351 · end of year $12,253,672
Mission and programs · 2022
Mission
COLLECTS, PRESERVES, INTERPRETS AND EXHIBITS PRIMARILY AMERICAN ART, AND PROMOTES THE WORK OF NATIONALLY AND INTERNATIONALLY KNOWN DELAWARE VALLEY ARTISTS OF ALL ERAS AND CREATIVE DISCIPLINES. THE MUSEUM PRESENTS EXHIBITIONS THAT EXPLORE A VARIETY OF ARTISTIC EXPRESSIONS AND OFFERS DIVERSE EDUCATIONAL PROGRAMS THAT DEVELOP A LIFELONG INVOLVEMENT IN THE ARTS.
Activities or mission (Part I)
COLLECTS, PRESERVES, INTERPRETS AND EXHIBITS PRIMARILY AMERICAN ART.
-
THE MUSEUM SERVES OVER 75,000 VISITORS ANNUALLY, INCLUDING 20,000 CHILDREN THROUGH CLASS TRIPS UNDERWRITTEN BY A CORPORATE SPONSOR AND THROUGH THE EDUCATION CLASSES AND CAMPS. THE MUSEUM HAS APPROXIMATELY 3,000 MEMBER HOUSEHOLDS, WHICH INCLUDES CORPORATE MEMBERS. THE MUSEUM OFFERS A VARIETY OF LECTURES, WORKSHOPS, CLASSES, MUSICAL PERFORMANCES AND OTHER ACTIVITIES RELATED TO ITS DIVERSE CHANGING EXHIBITIONS PROGRAM. THE MUSEUM'S FOCUSED PERMANENT COLLECTION IS SUPPLEMENTED BY OVER 10 CHANGING EXHIBITIONS ANNUALLY DRAWN FROM A BROAD RANGE OF ART, HISTORICAL AND CULTURAL GENRES. THE MUSEUM HAS PUBLISHED OVER 50 CATALOGUES DOCUMENTING ITS RESEARCH AND EXHIBITION ACTIVITIES DURING THE PAST THIRTY YEARS. AMERICAN PAINTINGS, DRAWINGS, SCULPTURE, CRAFT AND DECORATIVE OBJECTS COMPRISE THE PERMANENT COLLECTION OF OVER 3,500 ITEMS DOCUMENTING THE REGION'S RICH ARTISTIC HERITAGE FROM THE 19TH THROUGH THE 21ST CENTURIES.
Expenses $3,023,656 · Revenue $484,448
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Virginia SigetyVIRGINIA SIGETY
CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
William S AicheleWILLIAM S AICHELE
VICE CHAIR (UNTIL MAR. 2022)
- Total calculated
- $0
- Hours/week
- 4
-
James McKinneyJAMES MCKINNEY
VICE CHAIR (FROM APR. 2022)
- Total calculated
- $0
- Hours/week
- 4
-
Daniel SternDANIEL STERN
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Rhoda McKinney-JonesRHODA MCKINNEY-JONES
SECRETARY
- Total calculated
- $0
- Hours/week
- 4
-
Barbara Donnelly BentivoglioBARBARA DONNELLY BENTIVOGLIO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 3
-
Bob ByersBOB BYERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Whitney ChandorWHITNEY CHANDOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Edward Fernberger JrEDWARD FERNBERGER JR
TRUSTEE (UNTIL MAR. 2022)
- Total calculated
- $0
- Hours/week
- 1
-
Kathy FernbergerKATHY FERNBERGER
TRUSTEE (FROM APR. 2022)
- Total calculated
- $0
- Hours/week
- 1
-
Vail GarvinVAIL GARVIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Patricia GorskyPATRICIA GORSKY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
The Honorable James GreenwoodTHE HONORABLE JAMES GREENWOOD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Alice LawlerALICE LAWLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bruce Norman LongBRUCE NORMAN LONG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Leda Silverman MollyLEDA SILVERMAN MOLLY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert WelchROBERT WELCH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lynne MolnarLYNNE MOLNAR
INTERIM EXECUTIVE DIRECTOR (FROM MAY 2022)
- Total calculated
- $110,885
- From this org
- $110,885
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Gary EllisGARY ELLIS
CHIEF FINANCIAL OFFICER
- Total calculated
- $102,219
- From this org
- $101,067
- From related orgs
- $0
- Other
- $1,152
- Hours/week
- 40
-
Diane GuvenisDIANE GUVENIS
CHIEF DEVELOPMENT OFFICER (UNTIL NOV. 2022)
- Total calculated
- $103,074
- From this org
- $102,318
- From related orgs
- $0
- Other
- $756
- Hours/week
- 40
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
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323209349301107
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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