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Arts, Culture, Humanities : Museums

Peabody Essex Museum

Journey through a world of art and culture

three stars

88.00

Peabody Essex Museum 161 Essex Street
Salem, MA 01970
tel: (978) 745-9500   Web Site
EIN: 04-3157815

Board Leadership
Samuel T. Byrne & Sean M. Healey, Jr.
Co-Chairs

CEO
Dan L. Monroe
Director and CEO

  Score
(out of 100)
Rating
Overall Score & Rating 88.00 three stars
  Financial 92.09 four stars
  Accountability & Transparency 85.00 three stars
This rating was published 06/01/2018 and includes data from FY2016, the most recent 990 received at that time.

Founded in 1799, the Peabody Essex Museum (PEM) is America's oldest continuously operating museum. The mission of the PEM is to celebrate outstanding artistic and cultural creativity by collecting, stewarding, and interpreting objects of art and culture in ways that increase knowledge, enrich the spirit, engage the mind, and stimulate the senses. Through its exhibitions, programs, publications, media, and related activities, PEM strives to create experiences that transform people's lives by broadening their perspectives, attitudes, and knowledge of themselves and the wider world. PEM's collections - many ranking among the finest of their kind - include 854,000 works of art and culture. Peabody Essex collections also encompass twenty-two historic buildings, including Yin Yu Tang, the only complete Qing Dynasty house located outside China.

Founded in 1799, the Peabody Essex Museum (PEM) is America's oldest continuously operating museum. The mission of the PEM is to celebrate outstanding artistic and cultural creativity by collecting, stewarding, and interpreting objects of art and culture in ways that increase knowledge, enrich the spirit, engage the mind, and stimulate the senses. Through its exhibitions, programs, publications, media, and related activities, PEM strives to create experiences that transform people's lives by broadening their perspectives, attitudes, and knowledge of themselves and the wider world. PEM's collections - many ranking among the finest of their kind - include 854,000 works of art and culture. Peabody Essex collections also encompass twenty-two historic buildings, including Yin Yu Tang, the only complete Qing Dynasty house located outside China.

Financial

four stars

92.09

Accountability & Transparency

three stars

85.00

This rating was published 06/01/2018 and includes data from FY2016, 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)
76.1%
  Administrative Expenses 15.1%
  Fundraising Expenses 8.7%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 8.53
  Program Expenses Growth 4.7%
  Liabilities to Assets 12.2%
All data for Financial Performance Metrics calculations was provided by Peabody Essex Museum on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Peabody Essex Museum on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Peabody Essex Museum (MA) 88.00 three stars
The Mariners' Museum (VA) 93.30 four stars
Museum of Glass (WA) 86.45 three stars
Racine Art Museum (WI) 85.66 three stars
Berkshire Museum (MA) 86.58 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $26,723,776
   Federated Campaigns $0
   Membership Dues $1,020,509
   Fundraising Events $316,950
   Related Organizations $0
   Government Grants $171,971
Total Contributions $28,233,206
   Program Service Revenue $2,646,565
Total Primary Revenue $30,879,771
   Other Revenue $7,276,482
TOTAL REVENUE $38,156,253
   
EXPENSES  
   Program Expenses $28,139,952
   Administrative Expenses $5,064,279
   Fundraising Expenses $3,245,236
TOTAL FUNCTIONAL EXPENSES $36,449,467
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,706,786
   
Net Assets $621,567,768

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 Publications $9,496,144 33.7%
Curatorial and Collections $6,183,154 22.0%
Education $2,710,731 9.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 06/01/2018 88.00 three stars
2015-12 06/01/2017 87.30 three stars
2014-12 06/01/2016 87.08 three stars
 
CN 2.0
2013-12 08/01/2015 88.99 three stars
2012-12 04/01/2014 89.97 three stars
2011-12 03/01/2013 89.54 three stars
2010-12 04/01/2012 87.08 three stars
2009-12 09/20/2011 86.19 three stars
 
CN 1.0
2009-12 06/01/2011 85.28 three stars
2008-12 07/01/2010 85.21 three stars
2007-12 08/01/2009 97.43 four stars
2006-12 07/01/2008 94.31 four stars
2005-12 07/01/2007 87.24 three stars
2004-12 01/01/2006 91.72 four stars
2003-12 02/01/2005 69.93 one star
2002-12 01/01/2004 77.70 two stars
2001-12 10/15/2002 78.37 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 04-3157815
Name in IRS Master File PEABODY ESSEX MUSEUM INC
NTEE Code A50
NTEE Classification Museum, Museum Activities
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
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 January, 1993
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

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

Compensation % of Expenses Paid to Title
$696,618 1.91% Dan Monroe Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Peabody Essex Museum (MA) 88.00 three stars
USS Constitution Museum (MA) 91.98 four stars
Museum of Flight (WA) 92.12 four stars
Racine Art Museum (WI) 85.66 three stars
National Constitution Center (PA) 85.69 three stars

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Charity Contact Info

Peabody Essex Museum
Peabody Essex Museum
161 Essex Street
Salem, MA 01970
tel: (978) 745-9500
TTY: (978) 740-3649
EIN: 04-3157815

Visit Web Site

Board Leadership

Samuel T. Byrne & Sean M. Healey, Jr.
Co-Chairs

CEO

Dan L. Monroe
Director and CEO

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