Arts, Culture, Humanities : Museums

Peabody Essex Museum

Journey through a world of art and culture

three stars

88.37

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

Board Leadership
Samuel T. Byrne
Chair

CEO
Brian Kennedy
Director and CEO

  Score
(out of 100)
Rating
Overall Score & Rating 88.37 three stars
  Financial 93.27 four stars
  Accountability & Transparency 85.00 three stars
This rating was published 07/01/2020 and includes data from FY2018, 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.

Impact Information

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Financial

four stars

93.27

Accountability & Transparency

three stars

85.00

This rating was published 07/01/2020 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)
77.3%
  Administrative Expenses 13.9%
  Fundraising Expenses 8.6%
  Fundraising Efficiency $0.17
  Working Capital Ratio (years) 7.63
  Program Expenses Growth 9.8%
  Liabilities to Assets 12.3%
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.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $7,488,781
   Federated Campaigns $0
   Membership Dues $1,044,575
   Fundraising Events $483,751
   Related Organizations $0
   Government Grants $312,962
Total Contributions $9,330,069
   Program Service Revenue $3,023,890
Total Primary Revenue $12,353,959
   Other Revenue $39,544,645
TOTAL REVENUE $51,898,604
   
EXPENSES  
   Program Expenses $34,102,145
   Administrative Expenses $5,826,866
   Fundraising Expenses $3,726,243
TOTAL FUNCTIONAL EXPENSES $43,655,254
   
Payments to Affiliates $0
Excess (or Deficit) for the year $8,243,350
   
Net Assets $619,645,228

Charts

Compensation % of Expenses Paid to Title
$1,001,374 2.29% Dan Monroe Executive Director

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Peabody Essex Museum (MA) 88.37 three stars
Intrepid Museum Foundation (NY) 88.55 three stars
Baltimore & Ohio Railroad Museum (MD) 85.88 three stars
The Mariners' Museum (VA) 95.36 four stars
AACA Museum (PA) 92.93 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

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

Visit Web Site

Board Leadership

Samuel T. Byrne
Chair

CEO

Brian Kennedy
Director and CEO