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Nonprofiteer
← NASHER SCULPTURE CENTER

Form 990 for tax year 2024

Filed by NASHER SCULPTURE CENTER.

Totals

Total revenue
$13,986,319
Total expenses
$13,988,918
Contributions and grants received
$13,958,759
Grants paid
$0
Program service revenue
$216,559
Investment income
$124,114
Other revenue
-$313,113
Total assets, end of year
$4,420,518
Total liabilities, end of year
$1,694,532
Net assets or fund balances, end of year
$2,725,986
Program services expenses (Part IX)
$7,033,900
Management and general expenses
$5,204,102
Fundraising expenses
$1,750,916
Program service expenses (Part III)
$7,033,900

Program services were 50.3% 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

    $852,246

  • 1c · Fundraising events

    $1,274,951

  • 1d · Related organizations

    $10,247,468

  • 1e · Government grants (contributions)

    $513,370

  • 1f · All other contributions, gifts and grants

    $1,070,724

  • 2a · Program service revenue: MUSEUM ADMISSIONS FEES

    total $121,709 · related or exempt $121,709

  • 2b · Program service revenue: PROGRAM REVENUE

    total $94,850 · related or exempt $94,850

  • 3 · Investment income

    total $46,546 · excluded $46,546

  • 6a · Gross rents

    real property $596,098

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $596,098

  • 6d · Net rental income or loss

    total $596,098 · excluded $596,098

  • 7a · Gross sales of assets other than inventory

    securities $77,568

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

    securities $0

  • 7c · Gain or loss

    securities $77,568

  • 7d · Net gain or loss

    total $77,568 · excluded $77,568

  • 8a · Fundraising events: gross income

    $0

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

    $1,274,951

  • 8b · Fundraising events: direct expenses

    $924,543

  • 8c · Net income from fundraising events

    total -$924,543 · excluded -$924,543

  • 10a · Gross sales of inventory

    $15,332

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $15,332 · related or exempt $15,332

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,197,438 · program services $409,601 · management and general $730,388 · fundraising $57,449

  • 7 · Other salaries and wages

    total $3,051,417 · program services $1,836,485 · management and general $877,067 · fundraising $337,865

  • 8 · Pension plan contributions

    total $110,046 · program services $68,222 · management and general $27,870 · fundraising $13,954

  • 9 · Other employee benefits

    total $952,244 · program services $456,197 · management and general $427,485 · fundraising $68,562

  • 10 · Payroll taxes

    total $323,681 · program services $184,304 · management and general $110,024 · fundraising $29,353

  • 11b · Fees: legal

    total $1,395 · program services $1,395

  • 11c · Fees: accounting

    total $38,489 · management and general $38,489

  • 11f · Fees: investment management

    total $14,220 · management and general $14,220

  • 11g · Fees: other

    total $1,695,708 · program services $1,159,869 · management and general $447,457 · fundraising $88,382

  • 12 · Advertising and promotion

    total $926,672 · program services $165,603 · management and general $717,506 · fundraising $43,563

  • 13 · Office expenses

    total $816,943 · program services $257,287 · management and general $345,921 · fundraising $213,735

  • 14 · Information technology

    total $423,834 · program services $196,153 · management and general $78,629 · fundraising $149,052

  • 16 · Occupancy

    total $1,521,734 · program services $176,872 · management and general $843,378 · fundraising $501,484

  • 17 · Travel

    total $247,912 · program services $148,077 · management and general $34,441 · fundraising $65,394

  • 19 · Conferences, conventions and meetings

    total $279,534 · program services $104,596 · management and general $53,823 · fundraising $121,115

  • 22 · Depreciation, depletion and amortization

    total $211,680 · management and general $211,680

  • 23 · Insurance

    total $246,373 · program services $4,231 · management and general $242,142

  • 24a · Other expenses: INSTALLATION & EXHIBITI

    total $1,291,912 · program services $1,284,440 · management and general $2,207 · fundraising $5,265

  • 24b · Other expenses: CAFE

    total $255,145 · program services $255,145

  • 24c · Other expenses: HONORARIA

    total $197,111 · program services $140,594 · management and general $1,375 · fundraising $55,142

  • 24d · Other expenses: COLLECTION ACQUISITION

    total $184,829 · program services $184,829

  • 24e · All other expenses

    total $601 · fundraising $601

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $769,583 · end of year $1,033,742

  • 3 · Pledges and grants receivable

    beginning of year $357,948 · end of year $738,500

  • 4 · Accounts receivable

    beginning of year $712,226 · end of year $59,159

  • 9 · Prepaid expenses and deferred charges

    beginning of year $226,134 · end of year $198,369

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

    $3,257,124

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

    $2,565,814

  • 10c · Land, buildings and equipment, net

    beginning of year $775,742 · end of year $691,310

  • 11 · Investments: publicly traded securities

    beginning of year $1,643,228 · end of year $1,573,834

  • 15 · Other assets

    beginning of year $3,408 · end of year $125,604

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,619,965 · end of year $1,409,902

  • 19 · Deferred revenue

    beginning of year $515,055 · end of year $185,520

  • 25 · Other liabilities

    beginning of year $6,781 · end of year $99,110

  • 27 · Net assets without donor restrictions

    beginning of year -$720,227 · end of year -$942,796

  • 28 · Net assets with donor restrictions

    beginning of year $3,066,695 · end of year $3,668,782

Mission and programs · 2024

Mission

THE MISSION OF THE NASHER SCULPTURE CENTER IS TO BE THE INTERNATIONAL FOCAL POINT AN CATALYST FOR THE STUDY, INSTALLATION, CONSERVATION, AND INSPIRATION OF MODERN AND CONTEMPORARY ART.

Activities or mission (Part I)

TO OPERATE A MUSEUM FEATURING MODERN ART.

  • THE NASHER SCULPTURE CENTER (CENTER) OPERATES A MUSEUM TO DISPLAY MODERN ART AND FROM TIME-TO-TIME FEATURES EXHIBITS OF WORKS BORROWED FROM OTHER MUSEUMS. THE CENTER HAD 81,054 VISITORS IN TAX YEAR 2024.

    Expenses $6,492,338 · Revenue $121,709

  • THE CENTER CONDUCTS EDUCATIONAL PROGRAMS FOR MEMBERS AND VISITORS ABOUT MODERN ART THROUGH FREE FIRST SATURDAYS, STUDENT TOURS, TEACHER WORKSHOPS, MUSEUM FORUM FOR TEACHERS, SUMMER INSTITUTE FOR TEENS, HOMESCHOOL WORKSHOPS, MUSEUM 101, & STUDIO 360. DURING TAX YEAR 2024 THERE WERE 21,666 PARTICIPANTS IN THESE PROGRAMS.

    Expenses $541,562 · Revenue $110,182

As filed on the 2024 return.

Listed in Part VII

  • David Haemisegger

    PRESIDENT AND TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Tyree Collier

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Sarah Haemisegger

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Nancy Nasher Haemisegger

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Andrea Nasher

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Marc Pechersky

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Stephen Stamas

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • Jeremy Strick

    EXECUTIVE DIRECTOR (THRU 5/24)

    Total calculated
    $1,602,211
    From this org
    $1,563,040
    From related orgs
    $0
    Other
    $39,171
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $246,210
    Bonus
    $0
    Other
    $1,316,830
    Deferred
    $30,500
    Nontaxable benefits
    $8,671
    Filer's total
    $1,602,211
  • John McBride

    DEPUTY DIR., FINANCE & OPERATIONS

    Total calculated
    $352,566
    From this org
    $310,552
    From related orgs
    $0
    Other
    $42,014
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $310,552
    Bonus
    $0
    Other
    $0
    Deferred
    $23,000
    Nontaxable benefits
    $19,014
    Filer's total
    $352,566
  • Jill Magnuson

    DIR. EXTERNAL AFFAIRS

    Total calculated
    $275,284
    From this org
    $235,730
    From related orgs
    $0
    Other
    $39,554
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $235,730
    Bonus
    $0
    Other
    $0
    Deferred
    $30,500
    Nontaxable benefits
    $9,054
    Filer's total
    $275,284
  • Charles Basualdo

    EXECUTIVE DIRECTOR (AS OF 5/25)

    Total calculated
    $0
    Hours/week
    40
  • David Morse

    INTERIM DIR (THRU 5/25); CHIEF CURATOR

    Total calculated
    $323,053
    From this org
    $257,688
    From related orgs
    $0
    Other
    $65,365
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $257,688
    Bonus
    $0
    Other
    $0
    Deferred
    $30,500
    Nontaxable benefits
    $34,865
    Filer's total
    $323,053
  • Christopher Bosco

    SENIOR MANAGER OF FACILITIES

    Total calculated
    $199,824
    From this org
    $161,829
    From related orgs
    $0
    Other
    $37,995
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,829
    Bonus
    $0
    Other
    $0
    Deferred
    $9,902
    Nontaxable benefits
    $28,093
    Filer's total
    $199,824
  • Joyce Cravens

    INFORMATION TECHNOLOGY

    Total calculated
    $164,643
    From this org
    $130,802
    From related orgs
    $0
    Other
    $33,841
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $130,802
    Bonus
    $0
    Other
    $0
    Deferred
    $13,475
    Nontaxable benefits
    $20,366
    Filer's total
    $164,643
  • Jacques Haba

    HEAD DIGITAL OPERATIONS & STRATEGY

    Total calculated
    $145,082
    From this org
    $108,941
    From related orgs
    $0
    Other
    $36,141
    Hours/week
    40
  • Vanessa Hadox

    DEPUTY DIR. OF INSTITUTIONAL GIVING

    Total calculated
    $131,828
    From this org
    $107,427
    From related orgs
    $0
    Other
    $24,401
    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. 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

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 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 4A
JEREMY STRICK, EXECUTIVE DIRECTOR, RECEIVED SEVERANCE IN THE AMOUNT TOTALING $950,000 IN CALENDAR YEAR 2024.

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2026
IRS schema version
2024v5.5
Source object
202611359349310071

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

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