Overview
What is Denver Art Museum?
The Denver Art Museum is a cultural institution dedicated to enhancing the lives of current and future generations. Through the acquisition, presentation, and preservation of artistic pieces, they share the beauty and knowledge of various artistic expressions. Supported by scholarly research and engaging public programs, the museum connects visitors to both its permanent collections and temporary exhibitions.
Official website here: www.denverartmuseum.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Denver Art Museum has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability and Finance. The organization scored a perfect 100% in several areas, including having a fully independent board, an effective audit and oversight committee, and robust policies in place for conflict of interest and whistleblowing. These factors contribute to a high level of transparency and governance, reassuring donors about the responsible management of funds.
Financially, the museum demonstrates stability with a low liabilities to assets ratio of 3.79%, indicating sound financial health. Additionally, a program expense ratio of 81.66% highlights that a significant portion of its expenditures is directed towards fulfilling its mission and programs, rather than administrative costs. This focus on programmatic spending reinforces the organization’s commitment to its core mission of providing access to art and education.
While the organization receives high marks for its financial practices, ongoing engagement with its community and the continuous enhancement of its offerings will be essential in maintaining its reputation and effectiveness. Overall, the Denver Art Museum stands out as a well-managed nonprofit that prioritizes accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Denver Art Museum legitimate?
Denver Art Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Denver Art Museum 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: $1,215,852
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,340,064
For more financial information, click here
Official website here: www.denverartmuseum.org
What is the mission statement of Denver Art Museum?
The Denver Art Museum is dedicated to enhancing the lives of current and upcoming generations by acquiring, displaying, and preserving pieces of art. This mission is backed by rigorous scholarly research and public programs, which are relevant to both the museum's permanent collections and its temporary exhibitions. Through these efforts, the Denver Art Museum aims to make a significant contribution to the art world and enrich the experiences of its visitors.
Official website here: www.denverartmuseum.org
What is the revenue of Denver Art Museum?
Denver Art Museum's revenue in 2024 was $41,968,354.
Official website here: www.denverartmuseum.org
Who are the executives of Denver Art Museum and what are their salaries?
The average compensation at Denver Art Museum during 2024 was $42,879. There are 596 employees and 223 volunteers at Denver Art Museum.
Here are 48 key members and their salaries:
- Compensation: $409,322
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- Other: $4,877
- Compensation: $134,600
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- Other: $19,557
- Compensation: $132,320
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Official website here: www.denverartmuseum.org
Where can I find the form 990 for Denver Art Museum?
Denver Art Museum's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.denverartmuseum.org
Learn more at the official website: www.denverartmuseum.org
Mission Statement of Denver Art Museum
The Denver Art Museum, a renowned cultural institution, is dedicated to enriching the lives of current and upcoming generations. By acquiring, showcasing, and preserving various works of art, the Museum contributes significantly to the cultural landscape. This commitment is reinforced by its scholarly research and engaging public programs that complement both its permanent collections and temporary exhibitions.
In essence, the Denver Art Museum serves as a vital bridge between the past and the future, providing access to a vast array of artistic creations. Through its thoughtful curation and innovative programming, the Museum invites visitors to explore, learn, and appreciate the power of art. The institution's dedication extends beyond mere exhibition, as it strives to foster a deeper connection between individuals and the artworks, enriching their overall experiences.
By weaving together the threads of art history and contemporary creativity, the Denver Art Museum plays a crucial role in fostering cultural understanding and appreciation. Its mission is to provide a platform for art to inspire, educate, and engage the public, leaving a lasting impact on their lives.
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Impact
October, 2024
The Denver Art Museum significantly enriches the cultural landscape of the community by providing access to diverse works of art from various periods and cultures. Its commitment to the acquisition and preservation of art ensures that both present and future generations can appreciate and learn from these treasures. The museum's exemplary scholarship underpins its public programs, enhancing educational opportunities and fostering a deeper understanding of art.
By offering a rich tapestry of permanent collections and dynamic temporary exhibitions, the Denver Art Museum cultivates a vibrant environment that encourages exploration and dialogue. It serves as a hub for creativity, inspiring visitors to engage with art in meaningful ways. Additionally, through various public programs, the museum fosters a sense of community engagement and accessibility, making art an integral part of daily life in Denver and beyond. Overall, the museum plays a crucial role in shaping cultural awareness and appreciation, impacting individuals and the broader community positively.
This information is meant to be a general summary of Denver Art Museum. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $1,001,696
- Program Service Revenue: $4,748,359
- Gross Receipts: $43,785,570
Assets and Liabilities:
- Total Assets: $201,676,348
- Total Liabilities: $6,497,601
- Net Assets: $195,178,747
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS & PROG FEES
Revenue
$4,453,488
LEARNING & ENGAGEMENT
Revenue
$294,871
Organization Details
Founding Year
1897
Principal Officer
Curtis Woitte
Website
www.denverartmuseum.orgNTEE Category
Code: A510 - Arts
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