Overview
What is Seattle Art Museum?
The Seattle Art Museum (SAM) is a renowned cultural institution based in Seattle, Washington. Established in 1917, it serves as the leading visual art organization in the Pacific Northwest. SAM's mission is to promote and cultivate the arts, connecting art to people's lives. With a diverse collection of approximately 25,000 objects, the museum showcases a rich variety of media, cultures, and time periods, including Asian, African and Oceanic, Northwest Coast Native American, European, American, and modern and contemporary art. SAM provides a public art museum experience through the acquisition of art objects and the hosting of public art exhibitions. The museum caters to a wide audience by offering its services at three locations: the Seattle Art Museum, Olympic Sculpture Park, and Seattle Asian Art Museum. Annually, hundreds of thousands of visitors and thousands of Seattle-area students engage with SAM's dynamic programs. The museum's team, consisting of 366 dedicated employees, works towards enriching lives and engaging diverse communities through art. SAM's initiatives aim to foster an appreciation for art and its role in society.
Official website here: www.seattleartmuseum.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
The Seattle Art Museum has achieved an outstanding rating of 97% on Charity Navigator, reflecting its strong performance in accountability and finance. This high score is derived solely from its exceptional accountability measures, demonstrating a commitment to transparency and responsible management of resources. The museum holds a majority independent board and adheres to rigorous auditing and oversight practices, which significantly contribute to its credibility.
Organizational strengths include a solid financial structure, with a program expense ratio of 74.66%, indicating a high proportion of funds directed towards its mission-related activities. Additionally, the museum exhibits impressive fundraising efficiency, only costing $0.10 to raise a dollar. These metrics suggest that the Seattle Art Museum operates effectively and makes the most out of its financial resources while supporting a rich cultural experience for the community.
No significant limitations were noted in the data reviewed, as the museum appears to maintain strong governance policies, including conflict of interest and whistleblower protections. Overall, the Seattle Art Museum stands out as a well-managed nonprofit, dedicated to delivering value to its patrons and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Seattle Art Museum legitimate?
Seattle Art Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seattle 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: $1,621,250
Professional Fundraising Fees: $293,358
Other Salaries and Wages: $14,936,216
For more financial information, click here
Official website here: www.seattleartmuseum.org
What is the mission statement of Seattle Art Museum?
The Seattle Art Museum (SAM) was established in 1917 and functions as a significant cultural and educational resource in the Pacific Northwest. SAM's role extends beyond the region, engaging audiences worldwide. The museum showcases diverse collections, including Asian, African and Oceanic, Northwest Coast Native American, European and American, and modern and contemporary art. With approximately 25,000 objects, SAM's collection spans various media, cultures, and time periods. Through its powerful special exhibitions, installations, and dynamic programs, the museum connects art to everyday life and fosters community engagement. SAM's three locations, Seattle Art Museum, Olympic Sculpture Park, and Seattle Asian Art Museum, attract hundreds of thousands of visitors and thousands of Seattle-area students each year.
Official website here: www.seattleartmuseum.org
What is the revenue of Seattle Art Museum?
Seattle Art Museum's revenue in 2024 was $38,873,857.
Official website here: www.seattleartmuseum.org
Who are the executives of Seattle Art Museum and what are their salaries?
The average compensation at Seattle Art Museum during 2024 was $37,124. There are 446 employees and 299 volunteers at Seattle Art Museum.
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Official website here: www.seattleartmuseum.org
Where can I find the form 990 for Seattle Art Museum?
Seattle Art Museum's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.seattleartmuseum.org
Learn more at the official website: www.seattleartmuseum.org
Mission Statement of Seattle Art Museum
The Seattle Art Museum, or SAM, was established in 1917 and serves as the leading visual art institution in the Pacific Northwest. With a diverse collection of approximately 25,000 objects, SAM connects art to life and enriches communities through its global collections, special exhibitions, installations, and dynamic programs. SAM's mission reaches beyond the Seattle region and extends to the Pacific Northwest and beyond, engaging hundreds of thousands of visitors and thousands of Seattle-area students.
SAM's collections are renowned for their diversity in media, cultures, and time periods. These ranges from Asian art to African and Oceanic art, Northwest Coast Native American art, European and American art, and modern and contemporary art. The museum's strength lies in its extensive holdings, which offer visitors a chance to explore various artistic expressions from around the world. SAM's impact extends beyond its collections, as it hosts powerful special exhibitions that attract art enthusiasts and newcomers alike.
SAM's influence extends beyond its walls, with three locations: Seattle Art Museum, Olympic Sculpture Park, and Seattle Asian Art Museum. These sites harness the power of art to enrich lives and engage diverse communities, providing opportunities for exploration, education, and appreciation. SAM's programs and initiatives offer a unique and accessible experience for visitors, making art an integral part of daily life.
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Impact
October, 2024
Seattle Art Museum (SAM) plays a vital role in enriching the cultural landscape of the Pacific Northwest. With a mission to connect art to life, SAM serves as a leading institution that showcases a diverse collection of approximately 25,000 objects spanning multiple cultures and time periods. Its three locations—Seattle Art Museum, Olympic Sculpture Park, and Asian Art Museum—create a dynamic space for both cultural exchange and artistic exploration.
The museum's powerful special exhibitions and installations attract hundreds of thousands of visitors annually, providing them with unique opportunities to engage with art. Beyond simply exhibiting works, SAM actively promotes art education, reaching out to thousands of local students to inspire future generations.
Through its diverse collection that includes significant works from Asian, African, Oceanic, Native American, European, and contemporary art, SAM fosters a deeper understanding and appreciation of global cultures. The museum’s community programs and initiatives help to engage various demographics, making art accessible and relevant to all.
Overall, SAM not only preserves and showcases artistic heritage but also enhances the community, stimulates dialogue, and promotes cultural awareness, solidifying its position as a cornerstone of Seattle's vibrant arts scene.
This information is meant to be a general summary of Seattle 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: $3,212,762
- Program Service Revenue: $6,097,696
- Gross Receipts: $98,696,972
Assets and Liabilities:
- Total Assets: $381,105,952
- Total Liabilities: $11,307,192
- Net Assets: $369,798,760
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$4,910,357
MEMBERSHIP DUES
Revenue
$770,869
EDUCATIONAL PROGRAMS
Revenue
$416,470
Organization Details
Founding Year
1917
Principal Officer
Amada Cruz
Website
www.seattleartmuseum.orgNTEE Category
Code: A510 - Arts
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