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Arts, Culture, Humanities : Museums

Denver Art Museum

Building and enhancing the public's awareness of and appreciation for the visual and related arts

three stars

85.62

100 West Fourteenth Avenue Parkway Denver, CO 80204
tel: (720) 913-0130   Web Site
EIN: 84-6038240

Board Leadership
J. Landis Martin
Chairman

CEO
Christoph Heinrich
Director

  Score
(out of 100)
Rating
Overall Score & Rating 85.62 three stars
  Financial 82.30 three stars
  Accountability & Transparency 90.00 four stars
This rating was published 12/01/2020 and includes data from FY2019, the most recent 990 received at that time.

Since its beginnings in the 1890s as the Denver Artists' Club, the Denver Art Museum has had a number of temporary homes. The museum opened its own galleries in 1949, and a center for children's art activities was added in the early 1950s. In 1971, we opened what's now known as the North Building. Our most recent expansion opened in October 2006. Today, the 356,000-square-foot museum complex includes collection gallery space, three temporary exhibition venues, and the Lewis I. Sharp Auditorium. In addition to our art collections, the Denver Art Museum is internationally recognized for our family-friendly environment, and has received critical acclaim for encouraging art appreciation through interactive activities.

Since its beginnings in the 1890s as the Denver Artists' Club, the Denver Art Museum has had a number of temporary homes. The museum opened its own galleries in 1949, and a center for children's art activities was added in the early 1950s. In 1971, we opened what's now known as the North Building. Our most recent expansion opened in October 2006. Today, the 356,000-square-foot museum complex includes collection gallery space, three temporary exhibition venues, and the Lewis I. Sharp Auditorium. In addition to our art collections, the Denver Art Museum is internationally recognized for our family-friendly environment, and has received critical acclaim for encouraging art appreciation through interactive activities.

Financial

three stars

82.30

Accountability & Transparency

four stars

90.00

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)
74.1%
  Administrative Expenses 20.2%
  Fundraising Expenses 5.5%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 4.67
  Program Expenses Growth -2.9%
  Liabilities to Assets 10.8%
All data for Financial Performance Metrics calculations was provided by Denver Art Museum on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Denver Art Museum on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Denver Art Museum (CO) 85.62 three stars
American Visionary Art Museum (MD) 88.15 three stars
Hammer Museum (CA) 94.56 four stars
Chrysler Museum of Art (VA) 92.66 four stars
Hunter Museum of American Art (TN) 90.39 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $32,567,199
   Federated Campaigns $0
   Membership Dues $4,098,762
   Fundraising Events $779,727
   Related Organizations $6,140,453
   Government Grants $10,369,639
Total Contributions $53,955,780
   Program Service Revenue $6,308,701
Total Primary Revenue $60,264,481
   Other Revenue $2,698,051
TOTAL REVENUE $62,962,532
   
EXPENSES  
   Program Expenses $26,085,786
   Administrative Expenses $7,686,078
   Fundraising Expenses $2,267,604
TOTAL FUNCTIONAL EXPENSES $36,039,468
   
Payments to Affiliates $0
Excess (or Deficit) for the year $26,923,064
   
Net Assets $178,470,893

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
Exhibitions and Collections $16,662,488 63.9%
Premises and Buildings $6,043,387 23.2%
Learning and Engagement Programs $2,322,950 8.9%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-09 12/01/2020 85.62 three stars
2018-09 07/01/2019 88.77 three stars
2017-09 08/01/2018 91.19 four stars
2016-09 12/01/2017 90.13 four stars
2015-09 10/01/2016 86.87 three stars
2014-09 06/01/2016 88.35 three stars
 
CN 2.0
2014-09 10/01/2015 91.53 four stars
2013-09 11/01/2014 91.33 four stars
2012-09 09/01/2013 88.73 three stars
2011-09 07/01/2012 78.48 two stars
2010-09 09/20/2011 79.87 two stars
 
CN 1.0
2009-09 11/24/2010 82.85 three stars
2008-09 02/01/2010 93.06 four stars
2007-09 06/01/2009 92.70 four stars
2006-09 11/01/2007 92.92 four stars
2005-09 11/01/2006 85.74 three stars
2004-09 10/01/2005 82.41 three stars
2003-09 12/01/2004 86.36 three stars
2002-09 10/01/2003 95.20 four stars
2001-09 10/15/2002 87.89 three 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 84-6038240
Name in IRS Master File DENVER ART MUSEUM INC
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
(60) Museum, zoo, planetarium, etc.
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 August, 1935
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2018
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
Compensation % of Expenses Paid to Title
$341,823 0.94% Christoph Heinrich Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Denver Art Museum (CO) 85.62 three stars
Seattle Art Museum (WA) 86.07 three stars
Philbrook Museum of Art (OK) 89.16 three stars
Dayton Art Institute (OH) 88.14 three stars
The Museum of Fine Arts, Houston (TX) 88.02 three stars

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Charity Contact Info

Denver Art Museum
100 West Fourteenth Avenue Parkway
Denver, CO 80204
tel: (720) 913-0130
EIN: 84-6038240

Visit Web Site

Board Leadership

J. Landis Martin
Chairman

CEO

Christoph Heinrich
Director

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