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Arts, Culture, Humanities : Museums

Taubman Museum of Art

A center for the visual arts

85.59

110 Salem Avenue SE Roanoke, VA 24011
tel: (540) 342-5760   Web Site
EIN: 54-6026841

Board Leadership
Leon Harris
Chairman

CEO
Cindy Petersen
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 85.59
  Financial 82.85
  Accountability & Transparency 89.00
This rating was published 12/01/2020 and includes data from FY2019, the most recent 990 received at that time.

The Taubman Museum of Art was founded in 1951. As a center for the visual arts, we encourage a free exchange between the making of art, the display of art and the interpretation of art. Our programs endeavor to explore creativity from inspiration to presentation with the goal of engaging and intriguing our audiences. An art center encompasses the functions of an art museum but is broader in scope and more of a hybrid non-profit, permanent cultural institution. The collections form one of many equivalent cores around which exhibitions and educational programs are organized. There is however, equanimity between exhibitions, collections, lectures performance, film and video, seminars, symposia, conversations, and other forms of presentation. It is the ideas and experiences, educational initiatives and learning environments, and community engagement and collaboration that form the core of the art center.

The Taubman Museum of Art was founded in 1951. As a center for the visual arts, we encourage a free exchange between the making of art, the display of art and the interpretation of art. Our programs endeavor to explore creativity from inspiration to presentation with the goal of engaging and intriguing our audiences. An art center encompasses the functions of an art museum but is broader in scope and more of a hybrid non-profit, permanent cultural institution. The collections form one of many equivalent cores around which exhibitions and educational programs are organized. There is however, equanimity between exhibitions, collections, lectures performance, film and video, seminars, symposia, conversations, and other forms of presentation. It is the ideas and experiences, educational initiatives and learning environments, and community engagement and collaboration that form the core of the art center.

Financial

82.85

Accountability & Transparency

89.00

This rating was published 12/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
72.0%
  Administrative Expenses 14.9%
  Fundraising Expenses 13.0%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 10.76
  Program Expenses Growth -0.8%
  Liabilities to Assets 0.1%
All data for Financial Performance Metrics calculations was provided by Taubman Museum of Art on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Taubman Museum of Art on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Taubman Museum of Art (VA) 85.59
The Cleveland Museum of Art (OH) 92.80
Portland Museum of Art (ME) 90.67
The Detroit Institute of Arts (MI) 94.35
Los Angeles County Museum of Art (CA) 88.06

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,755,451
   Federated Campaigns $0
   Membership Dues $169,539
   Fundraising Events $68,214
   Related Organizations $0
   Government Grants $136,600
Total Contributions $2,129,804
   Program Service Revenue $437,541
Total Primary Revenue $2,567,345
   Other Revenue $439,226
TOTAL REVENUE $3,006,571
   
EXPENSES  
   Program Expenses $2,979,702
   Administrative Expenses $651,730
   Fundraising Expenses $594,909
TOTAL FUNCTIONAL EXPENSES $4,226,341
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,219,770
   
Net Assets $59,260,909

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 12/01/2020 85.59
2018-06 10/01/2019 83.92
2017-06 07/01/2018 88.16
2016-06 08/01/2017 81.96
2015-06 11/01/2016 81.85
2014-06 06/01/2016 81.07
 
CN 2.0
2014-06 09/01/2015 83.03
2013-06 08/01/2014 87.14
2012-06 09/01/2013 75.20
2011-06 07/01/2012 70.39
2010-06 03/01/2012 79.57

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 54-6026841
Name in IRS Master File THE TAUBMAN MUSEUM OF ART
NTEE Code A51
NTEE Classification Art Museums
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (119) Other cultural or historical activities
(59) Other school related activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date July, 1954
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$157,677 3.73% Cindy Petersen Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Taubman Museum of Art (VA) 85.59
Chinati Foundation (TX) 85.08
Seattle Art Museum (WA) 86.07
Los Angeles County Museum of Art (CA) 88.06
Wadsworth Atheneum (CT) 90.72

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Charity Contact Info

Taubman Museum of Art
110 Salem Avenue SE
Roanoke, VA 24011
tel: (540) 342-5760
fax: (540) 342-5798
EIN: 54-6026841

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Board Leadership

Leon Harris
Chairman

CEO

Cindy Petersen
Executive Director

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