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Arts, Culture, Humanities : Museums

Museum of Fine Arts, Boston

Providing information and perspective on art through time and throughout the world

three stars

84.14

Avenue of the Arts 465 Huntington Avenue
Boston, MA 02115
tel: (617) 369-3395   Web Site
EIN: 04-2103607

Board Leadership
Kevin T. Callaghan
Chair

CEO
Matthew Teitelbaum
Ann and Graham Gund Director

  Score
(out of 100)
Rating
Overall Score & Rating 84.14 three stars
  Financial 83.33 three stars
  Accountability & Transparency 85.00 three stars
This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Museum of Fine Arts, Boston (MFA) houses and preserves preeminent collections and aspires to serve a wide variety of people through direct encounters with works of art. The Museum aims for the highest standards of quality in all its endeavors. It serves as a resource for both those who are already familiar with art and those for whom art is a new experience. Through exhibitions, programs, research and publications, the Museum documents and interprets its own collections. It provides information and perspective on art through time and throughout the world. MFA creates educational opportunities for visitors and accommodates a wide range of experiences and learning styles; the Museum also educates artists of the future through its School.

The Museum of Fine Arts, Boston (MFA) houses and preserves preeminent collections and aspires to serve a wide variety of people through direct encounters with works of art. The Museum aims for the highest standards of quality in all its endeavors. It serves as a resource for both those who are already familiar with art and those for whom art is a new experience. Through exhibitions, programs, research and publications, the Museum documents and interprets its own collections. It provides information and perspective on art through time and throughout the world. MFA creates educational opportunities for visitors and accommodates a wide range of experiences and learning styles; the Museum also educates artists of the future through its School.

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Financial

three stars

83.33

Accountability & Transparency

three stars

85.00

This rating was published 11/01/2019 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 18.0%
  Fundraising Expenses 4.3%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 5.46
  Program Expenses Growth -7.4%
  Liabilities to Assets 13.3%
All data for Financial Performance Metrics calculations was provided by Museum of Fine Arts, Boston on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Museum of Fine Arts, Boston on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Museum of Fine Arts, Boston (MA) 84.14 three stars
Allentown Art Museum (PA) 90.00 four stars
The Bronx Museum of the Arts (NY) 90.57 four stars
North Carolina Museum of Art Foundation (NC) 91.02 four stars
Delaware Art Museum (DE) 87.68 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $50,949,923
   Federated Campaigns $0
   Membership Dues $9,274,445
   Fundraising Events $110,630
   Related Organizations $0
   Government Grants $45,200
Total Contributions $60,380,198
   Program Service Revenue $13,176,059
Total Primary Revenue $73,556,257
   Other Revenue $59,887,387
TOTAL REVENUE $133,443,644
   
EXPENSES  
   Program Expenses $88,857,456
   Administrative Expenses $22,789,500
   Fundraising Expenses $5,376,934
TOTAL FUNCTIONAL EXPENSES $117,023,890
   
Payments to Affiliates $0
Excess (or Deficit) for the year $16,419,754
   
Net Assets $1,014,370,738

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
Education Programs $20,288,750 22.8%
Exhibitions $15,453,670 17.4%
Enterprise $2,206,629 2.5%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 11/01/2019 84.14 three stars
2017-06 02/01/2019 85.68 three stars
2016-06 02/01/2018 86.26 three stars
2015-06 12/01/2016 86.46 three stars
2014-06 06/01/2016 86.41 three stars
 
CN 2.0
2014-06 11/01/2015 84.35 three stars
2013-06 12/22/2014 82.96 three stars
2012-06 11/01/2013 89.15 three stars
2011-06 09/01/2012 88.22 three stars
2010-06 11/01/2011 87.14 three stars
2009-06 09/20/2011 84.67 three stars
 
CN 1.0
2009-06 12/01/2010 77.49 two stars
2008-06 02/01/2010 91.49 four stars
2007-06 05/01/2009 79.68 two stars
2006-06 04/01/2008 92.69 four stars
2005-06 11/01/2006 98.60 four stars
2004-06 11/01/2005 90.02 four stars
2003-06 10/01/2004 86.19 three stars
2002-06 11/01/2003 74.58 two stars
2001-06 10/15/2002 73.68 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 04-2103607
Name in IRS Master File MUSEUM OF FINE ARTS
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
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 January, 1965
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
$841,921 0.71% Matthew Teitelbaum Ann & Graham Gund Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Museum of Fine Arts, Boston (MA) 84.14 three stars
Centre Pompidou Foundation (CA) 92.22 four stars
Joslyn Art Museum (NE) 91.77 four stars
Catalina Island Museum (CA) 90.45 four stars
The Minneapolis Institute of Arts (MN) 90.17 four stars

Compare These Charities (Highly Rated)

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Charity Contact Info

Museum of Fine Arts, Boston
Avenue of the Arts
465 Huntington Avenue
Boston, MA 02115
tel: (617) 369-3395
TTY: (617) 369-3188
EIN: 04-2103607

Visit Web Site

Board Leadership

Kevin T. Callaghan
Chair

CEO

Matthew Teitelbaum
Ann and Graham Gund Director

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