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Baltimore Museum Of Art

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 526000162 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Baltimore Museum Of Art?

The Baltimore Museum of Art (BMA) is a reputable cultural institution based in Baltimore, Maryland, with a workforce of 232 employees. The BMA takes pride in caring for and interpreting a vast collection of over 95,000 works of art, ensuring their preservation and documentation. In FY22, the museum expanded its offerings, focusing on diversity, access, and inclusion. Their exhibitions featured significant artists and themes, like Women Behaving Badly and Joan Mitchell. Additionally, the BMA presents free exhibitions to the public, such as Matisse: The Sinuous Line and The Rembrandt Effect. The museum is committed to sharing art with Baltimore and the world, promoting artistic excellence and social equity.


Official website here: www.artbma.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

The Baltimore Museum of Art has achieved a remarkable 96% score, reflecting strong performance in accountability and finance. This high rating underscores the museum's commitment to transparency and fiscal responsibility, which is crucial for donor trust and support. The score is derived solely from the Accountability & Finance beacon, indicating a focused strength in these areas.

The organization boasts a fully independent board, which contributes to its governance integrity. With 40 independent members, the museum excels in independent board size and has a comprehensive audit and oversight committee, ensuring thorough financial oversight. Additionally, their adherence to conflict of interest and whistleblower policies further reinforces their commitment to ethical operations.

Despite its strengths, the summary does not indicate areas of concern or limitations. The high program expense ratio of 86.90% suggests that the majority of funds are directed toward their core mission, which is a positive sign for stakeholders looking to see their contributions effectively utilized. Overall, the Baltimore Museum of Art demonstrates strong governance and financial health, promising effective stewardship of donor funds.


This AI summary has been generated from information found on Charity Navigator.

Is Baltimore Museum Of Art legitimate?

Baltimore Museum Of Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baltimore Museum Of Art submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $751,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,678,229

For more financial information, click here


Official website here: www.artbma.org

What is the mission statement of Baltimore Museum Of Art?

The Baltimore Museum of Art (BMA) is dedicated to connecting art to Baltimore and Baltimore to the world, embodying a commitment to artistic excellence and social equity in every decision. From art presentation and interpretation, to collection and staff composition, the museum strives to create a welcoming space for all. In the past year, the BMA expanded its exhibitions and programs to increase diversity, access, and inclusion, with offerings such as "Women Behaving Badly: 400 Years of Power and Protest" and "Guarding the Art." The museum cares for and interprets a collection of over 95,000 works of art, ensuring their preservation and documentation. The BMA's exhibitions are selected to showcase works from various cultures, genres, and mediums, providing diverse perspectives and artistic experiences. Many of these exhibitions are presented free to the public.


Official website here: www.artbma.org

What is the revenue of Baltimore Museum Of Art?

Baltimore Museum Of Art's revenue in 2024 was $26,532,056.


Official website here: www.artbma.org

Who are the executives of Baltimore Museum Of Art and what are their salaries?

The average compensation at Baltimore Museum Of Art during 2024 was $42,055. There are 248 employees and 45 volunteers at Baltimore Museum Of Art.

Here are 45 key members and their salaries:


James Thornton (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clair Zamoiski Segal (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darius Graham (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Hurwitz (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Oostburg Sanz (Vice President And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fiona Ong (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Wallace (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Meyerhoff (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Dame (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Adams (Assistant Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Gould (Assistant Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Bentley Carroll (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Burch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Butler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Callard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Elias (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Galambos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanne Gold (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Mumby Green (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Hackerman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Hoehn-Saric (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherrilyn Ifill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori N Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Lasher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Mcculloch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheela Murthy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nupur Parekh Flynn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Petrocheilos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Pulimood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Saudek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Schulze (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Selby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sherman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart O Simms (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne L Stone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Waters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kwame Webb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Asma Naeem (Executive Director)
  • Compensation: $359,147
  • Related: $0
  • Other: $3,835
Christine Bonanno (Chief Operating Officer)
  • Compensation: $248,888
  • Related: $0
  • Other: $46,426
Kimberly Bountress (Senior Director Of Human Resources)
  • Compensation: $139,071
  • Related: $0
  • Other: $32,312
Stacey Hubbard (Senior Director Of Finance)
  • Compensation: $118,690
  • Related: $0
  • Other: $38,576
Beyza Akcam (Dir Of Info Technology)
  • Compensation: $113,318
  • Related: $0
  • Other: $40,233
Katherine Rothkopf (Dir, Ctr For Matisse Studies)
  • Compensation: $116,726
  • Related: $0
  • Other: $35,409
Kevin Tervala (Chief Curator)
  • Compensation: $122,682
  • Related: $0
  • Other: $15,629


Official website here: www.artbma.org

Where can I find the form 990 for Baltimore Museum Of Art?

Baltimore Museum Of Art's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.artbma.org

Learn more at the official website: www.artbma.org

Mission Statement of Baltimore Museum Of Art

The Baltimore Museum of Art (BMA) is dedicated to connecting art with Baltimore and Baltimore with the world. Embodying a commitment to artistic excellence and social equity, the museum presents, interprets, and collects works of art, carefully managing their storage, preservation, documentation, and exhibition. In recent years, the BMA has expanded its exhibitions and programs to increase diversity, access, and inclusion for its audience.

The Baltimore Museum of Art is a cultural institution that offers a rich collection of over 95,000 works of art, showcasing a diverse range of artists and genres. The museum's mission is to present exhibitions, free of charge to the public, that reflect its core themes, including women who defied societal norms and demanded recognition of their human rights, modern artists, and the works of significant artists from various eras and cultures. The museum's exhibition schedule features a variety of displays, such as "Women Behaving Badly: 400 Years of Power and Protest," which celebrates trailblazing women throughout history, and "Guarding the Art," which presents works from the BMA's collection selected by guest curators from the museum's security department.

Moreover, the Baltimore Museum of Art fosters a welcoming environment for all by engaging in various community initiatives. By offering free admission to its exhibitions and programs, the museum ensures that its collections are accessible to a diverse audience and encourages ongoing dialogue around the role of art in society. With a commitment to artistic excellence and social equity, the Baltimore Museum of Art continues to serve as a vital cultural resource, connecting art and the community it serves.

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Impact




October, 2024

The Baltimore Museum of Art significantly influences the cultural landscape of Baltimore and beyond by providing a platform that connects diverse communities through art. It fosters artistic excellence and social equity, ensuring that visitors from all backgrounds feel welcomed and involved.

With a commitment to expanding diversity, access, and inclusion, the Museum actively curates exhibitions that engage with critical themes, such as women's rights and representation. Noteworthy exhibitions, like "Women Behaving Badly: 400 Years of Power and Protest," highlight historical and contemporary narratives that resonate with local and global audiences.

The Museum boasts a remarkable collection of over 95,000 works of art, and its efforts in collection care, storage, and presentation showcase a dedication to preserving cultural heritage. By offering free exhibitions, accessible public programs, and diverse educational initiatives, the Baltimore Museum of Art plays an integral role in enriching the community's cultural fabric, stimulating discourse, and inspiring future generations of artists and art lovers.




This information is meant to be a general summary of Baltimore Museum Of Art. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$26,532,056 (2024)
Expenses
$27,065,544 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $4,110,463
  • Program Service Revenue: $2,331,460
  • Gross Receipts: $31,482,523

Assets and Liabilities:

  • Total Assets: $192,298,973
  • Total Liabilities: $4,284,094
  • Net Assets: $188,014,879

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TRAVELING EXHIBITS

Revenue

$1,251,597

PROGRAM REVENUE

Revenue

$819,229

ADMISSIONS

Revenue

$260,634

Organization Details

Founding Year

1914

Principal Officer

Christine Dietze Bonanno

NTEE Category

Code: A510 - Arts

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