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Arts, Culture, Humanities : Museums

The Baltimore Museum of Art

Inspiring creativity, encouraging learning, and fostering human understanding

three stars

88.67

10 Art Museum Drive Baltimore, MD 21218
tel: (443) 573-1800   Web Site
EIN: 52-6000162

Board Leadership
Clair Zamoiski Segal
Chair

CEO
Christopher Bedford
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 88.67 three stars
  Financial 92.22 four stars
  Accountability & Transparency 86.00 three stars
This rating was published 05/01/2021 and includes data from FY2019, the most recent 990 received at that time.

The Baltimore Museum of Art (BMA) seeks innovation and excellence in an artistic program that focuses on art of the modern era, from the 19th century to the present. The BMA is home to an internationally renowned collection of 19th-century, modern, and contemporary art. Founded in 1914 with a single painting, the BMA today has 90,000 works of art - including the largest holding of works by Henri Matisse in the world. As a major cultural destination for the greater Baltimore region, the BMA organizes and presents a variety of dynamic exhibitions and innovative programs throughout the year, and frequently hosts special events with cultural and educational partners. General admission to the BMA is free for everyone, every day, so that great art is accessible to all.

The Baltimore Museum of Art (BMA) seeks innovation and excellence in an artistic program that focuses on art of the modern era, from the 19th century to the present. The BMA is home to an internationally renowned collection of 19th-century, modern, and contemporary art. Founded in 1914 with a single painting, the BMA today has 90,000 works of art - including the largest holding of works by Henri Matisse in the world. As a major cultural destination for the greater Baltimore region, the BMA organizes and presents a variety of dynamic exhibitions and innovative programs throughout the year, and frequently hosts special events with cultural and educational partners. General admission to the BMA is free for everyone, every day, so that great art is accessible to all.

Financial

four stars

92.22

Accountability & Transparency

three stars

86.00

This rating was published 05/01/2021 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)
84.3%
  Administrative Expenses 10.0%
  Fundraising Expenses 5.6%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 5.49
  Program Expenses Growth 0.2%
  Liabilities to Assets 4.1%
All data for Financial Performance Metrics calculations was provided by The Baltimore Museum of Art on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Baltimore Museum of Art on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Baltimore Museum of Art (MD) 88.67 three stars
Chinati Foundation (TX) 85.08 three stars
Denver Art Museum (CO) 85.62 three stars
The Detroit Institute of Arts (MI) 94.35 four stars
Portland Museum of Art (ME) 90.67 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $14,493,061
   Federated Campaigns $0
   Membership Dues $536,105
   Fundraising Events $501,156
   Related Organizations $0
   Government Grants $4,422,672
Total Contributions $19,952,994
   Program Service Revenue $1,044,036
Total Primary Revenue $20,997,030
   Other Revenue $13,414,203
TOTAL REVENUE $34,411,233
   
EXPENSES  
   Program Expenses $14,388,291
   Administrative Expenses $2,064,241
   Fundraising Expenses $971,355
TOTAL FUNCTIONAL EXPENSES $17,423,887
   
Payments to Affiliates $0
Excess (or Deficit) for the year $16,987,346
   
Net Assets $152,246,256

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
Collection Care & Exhibitions $6,554,850 45.6%
Operations $4,657,876 32.4%
Education and Interpretation $3,175,565 22.1%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 05/01/2021 88.67 three stars
2018-06 09/03/2019 89.36 three stars
2017-06 02/01/2019 87.35 three stars
2016-06 12/22/2017 89.48 three stars
2015-06 11/01/2016 89.90 three stars
2014-06 06/01/2016 89.77 three stars
 
CN 2.0
2014-06 12/01/2015 89.92 three stars
2013-06 12/22/2014 92.34 four stars
2012-06 11/01/2013 91.50 four stars
2011-06 09/01/2012 86.93 three stars
2010-06 11/01/2011 85.68 three stars
2009-06 09/20/2011 88.43 three stars
 
CN 1.0
2009-06 11/24/2010 81.37 three stars
2008-06 02/01/2010 95.55 four stars
2007-06 04/01/2009 89.69 three stars
2006-06 10/01/2007 89.31 three stars
2005-06 09/01/2006 78.99 two stars
2004-06 11/01/2005 78.28 two stars
2003-06 08/01/2004 70.30 two stars
2002-06 10/01/2003 74.34 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 52-6000162
Name in IRS Master File BALTIMORE MUSEUM OF ART INC
NTEE Code A51
NTEE Classification Art Museums
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (65) Fair
(207) Industry trade shows
(119) Other cultural or historical 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 March, 1935
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
$403,936 2.31% Christopher Bedford Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
The Baltimore Museum of Art (MD) 88.67 three stars
Seattle Art Museum (WA) 86.07 three stars
Joslyn Art Museum (NE) 91.77 four stars
American Friends of the Louvre (NY) 88.22 three stars
Akron Art Museum (OH) 86.43 three stars

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Charity Contact Info

The Baltimore Museum of Art
10 Art Museum Drive
Baltimore, MD 21218
tel: (443) 573-1800
fax: (443) 573-1582
TTY: (800) 735-2964
EIN: 52-6000162

Visit Web Site

Board Leadership

Clair Zamoiski Segal
Chair

CEO

Christopher Bedford
Chief Executive Officer

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