Arts, Culture, Humanities : Museums

Akron Art Museum

Promoting the appreciation of art

Rating

Overall Rating    
      (55.67)
Organizational Efficiency      
Program Expenses 58.4%    
Administrative Expenses 28.7%    
Fundraising Expenses 12.7%    
Fundraising Efficiency $0.05    
Efficiency Rating    
      (28.34)
Organizational Capacity      
Primary Revenue Growth 8.4%    
Program Expenses Growth 7.3%    
Working Capital Ratio (years) 10.52    
Capacity Rating    
      (27.33)

Income Statement     (FYE 06/2007)

Revenue  
Primary Revenue $7,421,581
Other Revenue $2,292,935
Total Revenue $9,714,516
   
Expenses  
Program Expenses $1,767,061
Administrative Expenses $869,911
Fundraising Expenses $387,019
Total Functional Expenses $3,023,991
   
Payments to Affiliates $0
Excess (or Deficit) for the year $6,690,525
   
Net Assets $61,493,614

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Akron Art Museum
One South High Street
Akron, OH 44308
tel: (330) 376-9185
fax: (330) 376-1180
EIN: 34-0813426

Contact Email
Visit Web Site

Leadership      (FYE 06/2007)

Name Title Compensation % of Expenses
Mitchell D. Kahan Director (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $178,597 5.90%

Donor Privacy Policy

NO, this charity does not have a written donor privacy policy.

Mission

The Akron Art Museum first opened its doors in 1922 as the Akron Art Institute. Since that time, the museum has continued to enrich the lives of those in Northeast Ohio and beyond through modern art. Its collection is nationally recognized, and three acquisitions endowments have been created to ensure the collection's future growth. In 2007, the museum more than tripled in size with the opening of the new John S. and James L. Knight Building, creating a cultural hub for the community and serving as a symbol for Akron's embrace of the twenty-first century. The new structure adjoins the original building. Spanning three centuries, like the museum's collection, together they symbolize the museum's dual role as preserver of the past and herald of the future.

Charities Performing Similar Types of Work

Charity Name Overall Score Overall Rating
Akron Art Museum - OH 55.67
Seattle Art Museum - WA 55.11
Storm King Art Center - NY 61.58
Telfair Museum of Art - GA 62.88
Indianapolis Museum of Art - IN 67.97
Compare These Charities (Highly Rated)
Charity Name Overall Score Overall Rating
Akron Art Museum - OH 55.67
Fine Arts Museums of San Francisco - CA 34.12
Metropolitan Museum of Art - NY 58.43
National Gallery of Art - DC 68.26
Museum of Fine Arts, Boston - MA 49.68
Indianapolis Museum of Art - IN 67.97
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