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Arts, Culture, Humanities : Museums

Seattle Art Museum

Connecting art to life

three stars

87.24

1300 First Avenue Seattle, WA 98101
tel: (206) 654-3100   Web Site
EIN: 91-0640788

Board Leadership
Stewart Landefeld
Chairman

CEO
Kimberly Rorscach
Executive Director

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 87.24 three stars
  Financial 83.84 three stars
  Accountability & Transparency 92.00 four stars
This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Why isn't this based on more recent data?

Seattle Art Museum (SAM) provides a welcoming place for people to connect with art and to consider its relationship to their lives. SAM is one museum in three locations: Seattle Art Museum downtown, Seattle Asian Art Museum at Volunteer Park, and the Olympic Sculpture Park. The Museum collects and exhibits objects from across time and across cultures, exploring the dynamic connections between past and present. The collections of the Seattle Art Museum number approximately 23,000 objects. In May 2007, the Museum celebrated the grand reopening of SAM Downtown, allowing the Museum to accommodate its growing collections, exhibition programs and audiences with 300,000 square feet of new gallery and public space adjacent to the museum's existing 150,000 square feet.

Seattle Art Museum (SAM) provides a welcoming place for people to connect with art and to consider its relationship to their lives. SAM is one museum in three locations: Seattle Art Museum downtown, Seattle Asian Art Museum at Volunteer Park, and the Olympic Sculpture Park. The Museum collects and exhibits objects from across time and across cultures, exploring the dynamic connections between past and present. The collections of the Seattle Art Museum number approximately 23,000 objects. In May 2007, the Museum celebrated the grand reopening of SAM Downtown, allowing the Museum to accommodate its growing collections, exhibition programs and audiences with 300,000 square feet of new gallery and public space adjacent to the museum's existing 150,000 square feet.

Impact Information

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Financial

three stars

83.84

Accountability & Transparency

four stars

92.00

This rating was published 02/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 65.2%
  Administrative Expenses 27.4%
  Fundraising Expenses 7.2%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 4.11
  Program Expenses Growth 3.2%
  Liabilities to Assets 3.8%
All data for Financial Performance Metrics calculations was provided by Seattle Art Museum on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Seattle Art Museum on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Seattle Art Museum (WA) 87.24 three stars
Metropolitan Museum of Art (NY) 95.80 four stars
Academy Art Museum (MD) 85.84 three stars
Cincinnati Art Museum (OH) 94.04 four stars
The Detroit Institute of Arts (MI) 89.52 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $14,972,338
   Federated Campaigns $611,377
   Membership Dues $5,453,188
   Fundraising Events $689,306
   Related Organizations $0
   Government Grants $423,011
Total Contributions $22,149,220
   Program Service Revenue $5,127,783
Total Primary Revenue $27,277,003
   Other Revenue $10,892,888
TOTAL REVENUE $38,169,891
   
EXPENSES  
   Program Expenses $22,771,134
   Administrative Expenses $12,628,298
   Fundraising Expenses $2,676,726
TOTAL FUNCTIONAL EXPENSES $38,076,158
   
Payments to Affiliates $0
Excess (or Deficit) for the year $93,733
   
Net Assets $292,201,418

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
Museum Services $22,771,134 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 02/01/2019 87.24 three stars
2016-06 02/01/2018 87.90 three stars
2015-06 12/01/2016 86.05 three stars
2014-06 06/01/2016 88.64 three stars
 
CN 2.0
2014-06 12/01/2015 88.35 three stars
2013-06 11/01/2014 93.76 four stars
2012-06 10/01/2013 74.54 two stars
2011-06 08/01/2012 82.59 three stars
2010-06 09/20/2011 72.52 two stars
 
CN 1.0
2009-06 11/24/2010 87.85 three stars
2008-06 02/01/2010 78.81 two stars
2007-06 05/01/2009 85.11 three stars
2006-06 04/01/2008 75.62 two stars
2005-06 11/01/2006 73.33 two stars
2004-06 12/01/2005 84.75 three stars
2003-06 01/05/2005 89.62 three stars
2002-06 12/01/2003 85.53 three stars
2001-06 10/15/2002 96.39 four stars
2000-06 04/15/2002 84.83 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 91-0640788
Name in IRS Master File SEATTLE ART MUSEUM
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 (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 July, 1934
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
$516,956 1.35% Kimerly Rorschach CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Seattle Art Museum (WA) 87.24 three stars
Storm King Art Center (NY) 89.00 three stars
Joslyn Art Museum (NE) 91.81 four stars
Milwaukee Art Museum (WI) 91.01 four stars
Nevada Museum of Art (NV) 88.33 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Seattle Art Museum
1300 First Avenue
Seattle, WA 98101
tel: (206) 654-3100
fax: (206) 654-3135
TTY: (206) 654-3137
EIN: 91-0640788

Visit Web Site

Board Leadership

Stewart Landefeld
Chairman

CEO

Kimberly Rorscach
Executive Director

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