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Arts, Culture, Humanities : Museums

The Speed Art Museum

Bringing great art and people together

four stars

93.16

2035 South Third Street Louisville, KY 40208
tel: (502) 634-2700   Web Site
EIN: 61-0444823

Board Leadership
Brooke Brown Barzun
Chair

CEO
Stephen Reily Ghislain d’Humières
Director

  Score
(out of 100)
Rating
Overall Score & Rating 93.16 four stars
  Financial 93.33 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Established in 1927, the Speed Art Museum is Kentucky's oldest and largest art museum with over 12,000 pieces in its permanent collection. Its extensive collection spans 6,000 years, ranging from ancient Egyptian to contemporary art, including 17th century Dutch and Flemish painting; 18th century French art; Renaissance and Baroque tapestries; contemporary American painting and sculpture; African and Native American works and paintings; and sculpture, furniture, and decorative arts by Kentucky artists. The Speed has brought major exhibitions of photography, painting, design, and sculpture to the region to help fulfill its ambitious mission: bringing great art and people together. The museum serves more than 180,000 visitors annually.

Established in 1927, the Speed Art Museum is Kentucky's oldest and largest art museum with over 12,000 pieces in its permanent collection. Its extensive collection spans 6,000 years, ranging from ancient Egyptian to contemporary art, including 17th century Dutch and Flemish painting; 18th century French art; Renaissance and Baroque tapestries; contemporary American painting and sculpture; African and Native American works and paintings; and sculpture, furniture, and decorative arts by Kentucky artists. The Speed has brought major exhibitions of photography, painting, design, and sculpture to the region to help fulfill its ambitious mission: bringing great art and people together. The museum serves more than 180,000 visitors annually.

Impact Information

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Financial

four stars

93.33

Accountability & Transparency

four stars

93.00

This rating was published 02/01/2020 and includes data from FY2018, 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)
77.5%
  Administrative Expenses 18.5%
  Fundraising Expenses 3.9%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 10.82
  Program Expenses Growth 41.1%
  Liabilities to Assets 0.6%
All data for Financial Performance Metrics calculations was provided by The Speed Art Museum on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Speed Art Museum on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Speed Art Museum (KY) 93.16 four stars
Portland Art Museum (OR) 90.09 four stars
The Columbus Museum (GA) 87.21 three stars
SculptureCenter (NY) 86.96 three stars
The Museum of Fine Arts, Houston (TX) 87.63 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,806,288
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $523,305
   Related Organizations $0
   Government Grants $0
Total Contributions $3,329,593
   Program Service Revenue $1,058,625
Total Primary Revenue $4,388,218
   Other Revenue $3,084,536
TOTAL REVENUE $7,472,754
   
EXPENSES  
   Program Expenses $10,241,020
   Administrative Expenses $2,423,310
   Fundraising Expenses $466,504
TOTAL FUNCTIONAL EXPENSES $13,130,834
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-5,658,080
   
Net Assets $135,689,396

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
Guardianship and Maintenance $7,389,823 72.2%
Curatorial, Exhibitions and Conservation $2,365,110 23.1%
Education and Outreach $486,087 4.7%

Ratings History
The Speed Art Museum has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-09 02/01/2020 93.16 four stars
2017-09 12/01/2018 95.91 four stars
2016-09 03/01/2018 91.77 four stars
2015-09 02/01/2017 83.82 three stars
2014-09 06/01/2016 88.36 three stars
 
CN 2.0
2014-09 02/01/2016 79.36 two stars
2013-09 06/01/2015 84.24 three stars
2012-09 10/01/2013 91.74 four stars
2011-09 10/01/2012 92.06 four stars
2010-09 12/23/2011 92.14 four stars
2009-09 11/01/2011 95.43 four stars
2009-09 10/01/2011 95.06 four stars
2009-09 09/20/2011 89.30 three stars
 
CN 1.0
2009-09 02/01/2011 93.18 four stars
2008-09 04/01/2010 96.05 four stars
2007-09 10/01/2008 91.82 four stars
2006-09 12/15/2007 77.51 two stars
2005-09 07/01/2006 74.69 two stars
2004-09 07/01/2005 74.88 two stars
2003-09 06/01/2004 87.79 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 61-0444823
Name in IRS Master File J B SPEED ART MUSEUM
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 November, 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
$73,077 0.55% Stephen Reily Executive Director
Other Salaries of Note
$333,836 2.54% Ghislain D'Humieres Former Director

Highly Rated

Charity Name & State Overall Score Overall Rating
The Speed Art Museum (KY) 93.16 four stars
North Carolina Museum of Art Foundation (NC) 91.02 four stars
Philbrook Museum of Art (OK) 89.16 three stars
Museum of Arts and Sciences (GA) 91.24 four stars
Virginia Museum of Fine Arts Foundation (VA) 90.47 four stars

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Charity Contact Info

The Speed Art Museum
2035 South Third Street
Louisville, KY 40208
tel: (502) 634-2700
EIN: 61-0444823

Visit Web Site

Board Leadership

Brooke Brown Barzun
Chair

CEO

Stephen Reily Ghislain d’Humières
Director

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