Disable all preview features

Arts, Culture, Humanities : Museums

The Mint Museums

Experience art

four stars

92.60

2730 Randolph Road Charlotte, NC 28207
tel: (704) 337-2000   Web Site
EIN: 56-0670666

Board Leadership
Natalie Frazier Allen
Chair

CEO
Todd Herman
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 92.60 four stars
  Financial 93.26 four stars
  Accountability & Transparency 92.00 four stars
This rating was published 12/23/2020 and includes data from FY2019, the most recent 990 received at that time.

Two unique museums make up The Mint Museums: the Mint Museum of Art (MMA) and the Mint Museum of Craft + Design (MMCD). Opened in 1936 as North Carolina's first art museum, the MMA is a rich and diverse resource with noted collections of American art, pre-Columbian art, American and European ceramics, American decorative arts, historic costumes and accessories, African art, Asian art, historic maps, contemporary art and photography. Enhancing the permanent collections is an active schedule of changing exhibitions and education programs. The MMCD features a permanent collection documenting contemporary studio craft, tracing the movement's historical roots in the 19th century and its relationship to traditional decorative arts and industrial design.

Two unique museums make up The Mint Museums: the Mint Museum of Art (MMA) and the Mint Museum of Craft + Design (MMCD). Opened in 1936 as North Carolina's first art museum, the MMA is a rich and diverse resource with noted collections of American art, pre-Columbian art, American and European ceramics, American decorative arts, historic costumes and accessories, African art, Asian art, historic maps, contemporary art and photography. Enhancing the permanent collections is an active schedule of changing exhibitions and education programs. The MMCD features a permanent collection documenting contemporary studio craft, tracing the movement's historical roots in the 19th century and its relationship to traditional decorative arts and industrial design.

Financial

four stars

93.26

Accountability & Transparency

four stars

92.00

This rating was published 12/23/2020 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)
77.3%
  Administrative Expenses 14.1%
  Fundraising Expenses 8.5%
  Fundraising Efficiency $0.17
  Working Capital Ratio (years) 5.83
  Program Expenses Growth 5.5%
  Liabilities to Assets 1.7%
All data for Financial Performance Metrics calculations was provided by The Mint Museums on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Mint Museums on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Mint Museums (NC) 92.60 four stars
Florence Griswold Museum (CT) 88.52 three stars
Minnesota Museum of American Art (MN) 86.40 three stars
Mattatuck Museum (CT) 90.87 four stars
San Antonio Museum of Art (TX) 86.43 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,393,653
   Federated Campaigns $0
   Membership Dues $294,000
   Fundraising Events $397,677
   Related Organizations $713,162
   Government Grants $83,500
Total Contributions $4,881,992
   Program Service Revenue $424,173
Total Primary Revenue $5,306,165
   Other Revenue $1,709,954
TOTAL REVENUE $7,016,119
   
EXPENSES  
   Program Expenses $7,976,701
   Administrative Expenses $1,509,465
   Fundraising Expenses $908,307
TOTAL FUNCTIONAL EXPENSES $10,394,473
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-3,378,354
   
Net Assets $81,693,845

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
The Mint Museums has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 12/23/2020 92.60 four stars
2018-06 11/01/2019 92.04 four stars
2017-06 12/01/2018 91.95 four stars
2016-06 09/01/2017 88.83 three stars
2015-06 10/01/2016 89.67 three stars
2014-06 06/01/2016 91.68 four stars
 
CN 2.0
2014-06 11/01/2015 89.35 three stars
2013-06 12/22/2014 89.37 three stars
2012-06 10/01/2013 91.02 four stars
2011-06 09/01/2012 94.81 four stars
2010-06 09/20/2011 93.85 four stars
 
CN 1.0
2009-06 11/24/2010 86.54 three stars
2008-06 08/01/2009 58.37 one star
2007-06 08/01/2008 66.27 one star
2006-06 05/01/2007 58.14 one star
2005-06 07/01/2006 72.16 two stars
2004-06 04/01/2005 59.02 one star
2003-06 05/01/2004 64.86 one star
2002-06 06/09/2003 65.23 one star
2001-06 10/15/2002 64.55 one star

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

EIN 56-0670666
Name in IRS Master File MINT MUSEUM OF ART 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
(60) Museum, zoo, planetarium, etc.
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 October, 1943
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, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$91,624 0.88% Todd A. Herman President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
The Mint Museums (NC) 92.60 four stars
Huntington Museum of Art (WV) 87.51 three stars
The Minneapolis Institute of Arts (MN) 92.19 four stars
The Columbus Museum (GA) 88.63 three stars
Tyler Museum of Art (TX) 90.42 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Mint Museums
2730 Randolph Road
Charlotte, NC 28207
tel: (704) 337-2000
EIN: 56-0670666

Visit Web Site

Board Leadership

Natalie Frazier Allen
Chair

CEO

Todd Herman
Chief Executive Officer

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.