Totals
- Total revenue
- $10,124,881
- Total expenses
- $6,983,092
- Contributions and grants received
- $8,119,472
- Grants paid
- $0
- Program service revenue
- $267,524
- Investment income
- $1,456,641
- Other revenue
- $281,244
- Total assets, end of year
- $69,998,637
- Total liabilities, end of year
- $6,463,900
- Net assets or fund balances, end of year
- $63,534,737
- Program services expenses (Part IX)
- $4,389,983
- Management and general expenses
- $2,079,158
- Fundraising expenses
- $513,951
- Program service expenses (Part III)
- $4,389,983
Program services were 62.9% 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.
-
1c · Fundraising events
$205,822
-
1e · Government grants (contributions)
$489,382
-
1f · All other contributions, gifts and grants
$7,424,268
-
1g · Noncash contributions included above
$103,949
-
2a · Program service revenue: MEMBERSHIP DUES
total $144,714 · related or exempt $144,714
-
2b · Program service revenue: ADMISSIONS
total $83,586 · related or exempt $83,586
-
2c · Program service revenue: EDUCATIONAL AND OTHER PROGRAMS
total $39,224 · related or exempt $39,224
-
3 · Investment income
total $1,524,280 · excluded $1,524,280
-
6a · Gross rents
real property $437,894
-
6b · Less rental expenses
real property $142,351
-
6c · Rental income or loss
real property $295,543
-
6d · Net rental income or loss
total $295,543 · unrelated business $295,543
-
7a · Gross sales of assets other than inventory
securities $2,750,260
-
7b · Less cost or other basis and sales expenses
securities $2,817,899
-
7c · Gain or loss
securities -$67,639
-
7d · Net gain or loss
total -$67,639 · excluded -$67,639
-
8a · Fundraising events: gross income
$87,941
-
8a · Fundraising events: contributions included on line 1c
$205,822
-
8b · Fundraising events: direct expenses
$81,856
-
8c · Net income from fundraising events
total $6,085 · excluded $6,085
-
10a · Gross sales of inventory
$141,948
-
10b · Cost of goods sold
$175,262
-
10c · Net income from sales of inventory
total -$33,314 · related or exempt -$39,547 · unrelated business $6,233
-
11a · Other revenue: MISCELLANEOUS
total $12,930 · excluded $12,930
-
11e · Other revenue, total
$12,930
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $416,454 · program services $276,647 · management and general $103,596 · fundraising $36,211
-
7 · Other salaries and wages
total $2,953,172 · program services $1,970,785 · management and general $727,437 · fundraising $254,950
-
8 · Pension plan contributions
total $70,066 · program services $43,478 · management and general $19,874 · fundraising $6,714
-
9 · Other employee benefits
total $351,547 · program services $218,143 · management and general $99,716 · fundraising $33,688
-
10 · Payroll taxes
total $251,590 · program services $156,117 · management and general $71,363 · fundraising $24,110
-
11b · Fees: legal
total $29,424 · program services $5,739 · management and general $21,847 · fundraising $1,838
-
11c · Fees: accounting
total $40,400 · program services $7,879 · management and general $29,997 · fundraising $2,524
-
11d · Fees: lobbying
total $18,000 · program services $18,000
-
11f · Fees: investment management
total $5,511 · management and general $5,511
-
11g · Fees: other
total $236,168 · program services $31,571 · management and general $188,718 · fundraising $15,879
-
12 · Advertising and promotion
total $33,728 · program services $32,978 · fundraising $750
-
14 · Information technology
total $248,639 · program services $67,153 · management and general $150,494 · fundraising $30,992
-
16 · Occupancy
total $766,800 · program services $651,477 · management and general $113,692 · fundraising $1,631
-
17 · Travel
total $32,191 · program services $18,038 · management and general $14,149 · fundraising $4
-
20 · Interest
total $64,406 · management and general $64,406
-
22 · Depreciation, depletion and amortization
total $659,340 · program services $417,574 · management and general $182,842 · fundraising $58,924
-
23 · Insurance
total $116,920 · program services $25,426 · management and general $91,494
-
24a · Other expenses: MISCELLANEOUS
total $332,331 · program services $103,064 · management and general $194,022 · fundraising $35,245
-
24b · Other expenses: EXHIBITION EXPENSES
total $248,565 · program services $248,565
-
24c · Other expenses: PROGRAMS AND EDUCATION
total $97,349 · program services $97,349
-
24d · Other expenses: DEVELOPMENT
total $10,491 · fundraising $10,491
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,469 · end of year $6,075
-
2 · Savings and temporary cash investments
beginning of year $522,608 · end of year $5,652,381
-
3 · Pledges and grants receivable
beginning of year $2,593,652 · end of year $1,944,738
-
4 · Accounts receivable
beginning of year $247,618 · end of year $22,644
-
8 · Inventories for sale or use
beginning of year $66,891 · end of year $102,751
-
9 · Prepaid expenses and deferred charges
beginning of year $170,534 · end of year $400,607
-
10a · Land, buildings and equipment: cost or other basis
$34,652,756
-
10b · Land, buildings and equipment: accumulated depreciation
$11,574,205
-
10c · Land, buildings and equipment, net
beginning of year $21,180,675 · end of year $23,078,551
-
11 · Investments: publicly traded securities
beginning of year $14,081,003 · end of year $17,963,861
-
12 · Investments: other securities
beginning of year $24,564,597 · end of year $20,483,522
-
15 · Other assets
beginning of year $22,000 · end of year $343,507
-
17 · Accounts payable and accrued expenses
beginning of year $2,010,542 · end of year $574,678
-
19 · Deferred revenue
beginning of year $69,324 · end of year $104,967
-
23 · Secured mortgages and notes payable
beginning of year $2,548,165 · end of year $5,447,099
-
25 · Other liabilities
beginning of year $0 · end of year $337,156
-
27 · Net assets without donor restrictions
beginning of year $17,915,926 · end of year $29,363,167
-
28 · Net assets with donor restrictions
beginning of year $40,912,090 · end of year $34,171,570
Mission and programs · 2022
Mission
TO PROVIDE MEANINGFUL EXPERIENCES BY CONNECTING PEOPLE WITH GREAT ART, BOTH IN A HISTORIC SETTING AND IN THE COMMUNITY.
-
IN ADDITION TO THE HISTORIC TAFT HOUSE AND ITS PERMANENT ART COLLECTION, THE MUSEUM HOSTED TWO MAJOR TEMPORARY EXHIBITIONS DURING THE FISCAL YEAR. OVER 26,988 VISITORS HAVE PARTAKEN IN TOURING THE HOUSE AND VIEWING THE TRAVELING EXHIBITIONS. THE MUSEUM ALSO PROVIDES BOTH A CAFE AND A GIFT SHOP FOR THE COMFORT AND ENJOYMENT OF ITS VISITORS ALONG WITH THE OPPORTUNITIES TO RENT THE OUTSIDE GARDEN AND FACILITIES.
Expenses $3,846,957 · Revenue $199,777
-
THE MUSEUM PROVIDES EDUCATIONAL PROGRAMS REACHING OUT TO SCHOOLS, FAMILIES, AND THE GENERAL PUBLIC TO ACHIEVE THE GOAL OF BRINGING THE ART COLLECTION ALIVE FOR ALL AUDIENCES. ACTIVITIES INCLUDE LECTURES, WORKSHOPS, STUDIO PROGRAMS, CONCERTS, AS WELL AS SUMMER ART CAMP AND INTERACTIVE TOURS FOR SCHOOL CHILDREN.
Expenses $543,026 · Revenue $28,200
As filed on the 2022 return.
Listed in Part VII
-
Jill T McGruderJILL T MCGRUDER
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kelsey BahlKELSEY BAHL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Ron T BatesRON T BATES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Shannon CarterSHANNON CARTER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Paul W ChellgrenPAUL W CHELLGREN
CHAIR EMERITUS
- Total calculated
- $0
- Hours/week
- 0.5
-
Philip K ConePHILIP K CONE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Nancy FehrNANCY FEHR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Kristine R GarrettKRISTINE R GARRETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Bonnie GleavesBONNIE GLEAVES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Gerald H GreeneGERALD H GREENE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Christopher S HabelCHRISTOPHER S HABEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
David L HausrathDAVID L HAUSRATH
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Heather M HawkinsHEATHER M HAWKINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert Chip HeidtROBERT CHIP HEIDT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Jamie JewellJAMIE JEWELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dara M KendallDARA M KENDALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
John T LawrenceJOHN T LAWRENCE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Phillip C LongPHILLIP C LONG
DIRECTOR EMERITUS
- Total calculated
- $0
- Hours/week
- 0.5
-
Phyllis L McCallumPHYLLIS L MCCALLUM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Richard L MooreRICHARD L MOORE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Richard D OliverRICHARD D OLIVER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Laura R PeaseLAURA R PEASE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Jorge PerezJORGE PEREZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Bradford PhillipsBRADFORD PHILLIPS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Leonard M Randolph Jr MDLEONARD M RANDOLPH JR MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Ellen RieveschlELLEN RIEVESCHL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Katherine D SchmittKATHERINE D SCHMITT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Betsy K SchwartzBETSY K SCHWARTZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Anne ShanahanANNE SHANAHAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Dudley S Taft JrDUDLEY S TAFT JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Jane A VotelJANE A VOTEL
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Peter AamodtPETER AAMODT
CFO - PART YEAR
- Total calculated
- $0
- Hours/week
- 50
-
Deborah Emont ScottDEBORAH EMONT SCOTT
CEO - PART YEAR
- Total calculated
- $239,336
- From this org
- $228,687
- From related orgs
- $0
- Other
- $10,649
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $185,687
- Bonus
- $43,000
- Other
- $0
- Deferred
- $3,765
- Nontaxable benefits
- $6,884
- Filer's total
- $239,336
-
Rebekah BeaulieuREBEKAH BEAULIEU
CEO - PART YEAR
- Total calculated
- $64,223
- From this org
- $59,699
- From related orgs
- $0
- Other
- $4,524
- Hours/week
- 50
-
Beth K SilerBETH K SILER
CFO - PART YEAR
- Total calculated
- $112,894
- From this org
- $100,922
- From related orgs
- $0
- Other
- $11,972
- Hours/week
- 50
-
Lindsey NecampLINDSEY NECAMP
DEPUTY DIERCTOR
- Total calculated
- $124,365
- From this org
- $119,122
- From related orgs
- $0
- Other
- $5,243
- Hours/week
- 50
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 · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 3 · Compensation survey or study
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- THE CEO USES A SOCIAL CLUB FOR BUSINESS PURPOSES ONLY.
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 12 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411979349301531
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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