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Arts, Culture, Humanities : Museums

Florence Griswold Museum

Home of American Impressionism

three stars

84.83

96 Lyme Street Old Lyme, CT 06371
tel: (860) 434-5542   Web Site
EIN: 06-6062157

Board Leadership
David W. Dangremond
President

CEO
Becky Beaulieu
Director

  Score
(out of 100)
Rating
Overall Score & Rating 84.83 three stars
  Financial 81.59 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.

The Florence Griswold Museum fosters the understanding of American art, with emphasis on the art, history, and landscape of Connecticut. The Museum achieves this goal through the acquisition, preservation, and interpretation of original artifacts of American art and history. To this end, the Museum recognizes its responsibility to present exhibitions, educational programs, and publications that contribute to a greater appreciation of the nation's artistic accomplishments and the region's distinctive cultural history.

The Florence Griswold Museum fosters the understanding of American art, with emphasis on the art, history, and landscape of Connecticut. The Museum achieves this goal through the acquisition, preservation, and interpretation of original artifacts of American art and history. To this end, the Museum recognizes its responsibility to present exhibitions, educational programs, and publications that contribute to a greater appreciation of the nation's artistic accomplishments and the region's distinctive cultural history.

Financial

three stars

81.59

Accountability & Transparency

three stars

89.00

This rating was published 02/01/2019 and includes data from FY2017, 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)
67.7%
  Administrative Expenses 19.3%
  Fundraising Expenses 12.8%
  Fundraising Efficiency $0.17
  Working Capital Ratio (years) 9.38
  Program Expenses Growth 2.7%
  Liabilities to Assets 2.9%
All data for Financial Performance Metrics calculations was provided by Florence Griswold Museum on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Florence Griswold Museum on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Florence Griswold Museum (CT) 84.83 three stars
The Frick Pittsburgh (PA) 92.16 four stars
Allentown Art Museum (PA) 88.59 three stars
Denver Art Museum (CO) 91.19 four stars
Chrysler Museum of Art (VA) 90.90 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,930,702
   Federated Campaigns $0
   Membership Dues $207,031
   Fundraising Events $12,783
   Related Organizations $0
   Government Grants $145,062
Total Contributions $3,295,578
   Program Service Revenue $398,093
Total Primary Revenue $3,693,671
   Other Revenue $689,703
TOTAL REVENUE $4,383,374
   
EXPENSES  
   Program Expenses $2,143,595
   Administrative Expenses $633,431
   Fundraising Expenses $372,290
TOTAL FUNCTIONAL EXPENSES $3,149,316
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,234,058
   
Net Assets $29,342,978

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.

Program Name Amount Spent % of Program Expenses
Visitor Services $857,438 40.0%
Collections & Exhibitions $857,438 40.0%
Educational Programs $428,719 20.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 02/01/2019 84.83 three stars
2016-12 03/01/2018 82.53 three stars
2015-12 03/01/2017 82.00 three stars
2014-12 06/01/2016 81.26 three stars
 
CN 2.0
2014-12 11/01/2015 76.84 two stars
2013-12 05/01/2015 79.66 two stars
2012-12 05/01/2014 79.33 two stars

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

EIN 06-6062157
Name in IRS Master File FLORENCE GRISWOLD MUSEUM INC
NTEE Code A82
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (62) Historical site, records or reenactment
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
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 April, 1946
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

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

Compensation % of Expenses Paid to Title
$158,000 5.01% Jeffrey W. Anderson Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Florence Griswold Museum (CT) 84.83 three stars
Des Moines Art Center (IA) 91.88 four stars
The Cleveland Museum of Art (OH) 88.50 three stars
Nevada Museum of Art (NV) 87.93 three stars
The Speed Art Museum (KY) 95.91 four stars

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Charity Contact Info

Florence Griswold Museum
96 Lyme Street
Old Lyme, CT 06371
tel: (860) 434-5542
fax: (860) 434-9778
EIN: 06-6062157

Visit Web Site

Board Leadership

David W. Dangremond
President

CEO

Becky Beaulieu
Director

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