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Arts, Culture, Humanities : Museums

Wadsworth Atheneum

America's oldest public art museum

four stars

92.19

600 Main Street Hartford, CT 06103
tel: (860) 278-2670   Web Site
EIN: 06-0653111

Board Leadership
William R. Peelle, Jr.
President

CEO
Thomas J. Loughman
Director and CEO

  Score
(out of 100)
Rating
Overall Score & Rating 92.19 four stars
  Financial 99.06 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 04/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Established in 1842, the Wadsworth Atheneum is America's oldest public art museum. It was the first American museum to acquire works by Caravaggio, Frederic Church, Salvador Dalí, Joan Miró, Piet Mondrian, Balthus, Joseph Cornell, and many others. Today our Hudson River School landscapes, Old Master paintings, modernist masterpieces, Meissen and Sevres porcelains, early American furniture and decorative arts, and MATRIX contemporary art shows are world-renowned. The Wadsworth presents more than 15 special shows each year. Many are inspired by masterworks in the museum's holdings, while others are solo shows by emerging artists.

Established in 1842, the Wadsworth Atheneum is America's oldest public art museum. It was the first American museum to acquire works by Caravaggio, Frederic Church, Salvador Dalí, Joan Miró, Piet Mondrian, Balthus, Joseph Cornell, and many others. Today our Hudson River School landscapes, Old Master paintings, modernist masterpieces, Meissen and Sevres porcelains, early American furniture and decorative arts, and MATRIX contemporary art shows are world-renowned. The Wadsworth presents more than 15 special shows each year. Many are inspired by masterworks in the museum's holdings, while others are solo shows by emerging artists.

Impact Information

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Financial

four stars

99.06

Accountability & Transparency

three stars

89.00

This rating was published 04/01/2019 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)
79.9%
  Administrative Expenses 15.7%
  Fundraising Expenses 4.2%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 8.90
  Program Expenses Growth 8.3%
  Liabilities to Assets 1.7%
All data for Financial Performance Metrics calculations was provided by Wadsworth Atheneum on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Wadsworth Atheneum on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Wadsworth Atheneum (CT) 92.19 four stars
The Mint Museums (NC) 92.04 four stars
Chrysler Museum of Art (VA) 88.89 three stars
Portland Museum of Art (ME) 85.48 three stars
Los Angeles County Museum of Art (CA) 88.06 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $16,671,923
   Federated Campaigns $0
   Membership Dues $517,951
   Fundraising Events $69,525
   Related Organizations $0
   Government Grants $57,100
Total Contributions $17,316,499
   Program Service Revenue $1,003,742
Total Primary Revenue $18,320,241
   Other Revenue $6,277,128
TOTAL REVENUE $24,597,369
   
EXPENSES  
   Program Expenses $11,080,439
   Administrative Expenses $1,732,462
   Fundraising Expenses $611,585
TOTAL FUNCTIONAL EXPENSES $13,424,486
   
Payments to Affiliates $0
Excess (or Deficit) for the year $11,172,883
   
Net Assets $146,803,298

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
Curating and Curatorial Research $8,211,983 74.1%
Education and Visitor Services $1,006,543 9.1%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 04/01/2019 92.19 four stars
2017-06 07/01/2018 88.59 three stars
2016-06 08/01/2017 89.11 three stars
2015-06 07/01/2016 87.31 three stars
2014-06 06/01/2016 89.20 three stars
 
CN 2.0
2014-06 09/01/2015 89.00 three stars
2013-06 06/01/2014 92.08 four stars
2012-06 05/01/2013 86.29 three stars
2011-06 04/01/2012 80.95 three stars
2010-06 09/20/2011 83.68 three stars
 
CN 1.0
2009-06 09/01/2010 84.93 three stars
2008-06 07/01/2009 90.20 four stars
2007-06 04/01/2008 81.79 three stars
2006-06 05/01/2007 84.97 three stars
2005-06 04/01/2006 75.62 two stars
2004-06 04/01/2005 80.88 three stars
2003-06 05/01/2004 77.74 two stars
2002-06 02/05/2003 83.08 three stars
2001-06 10/15/2002 82.40 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 06-0653111
Name in IRS Master File WADSWORTH ATHENEUM MUSEUM OF ART
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 March, 1942
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, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$266,005 1.98% Thomas Loughman Director, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Wadsworth Atheneum (CT) 92.19 four stars
Yellowstone Art Museum (MT) 86.78 three stars
Brooklyn Museum (NY) 88.22 three stars
American Friends of the Louvre (NY) 92.22 four stars
Nevada Museum of Art (NV) 87.43 three stars

Compare These Charities (Highly Rated)

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Charity Contact Info

Wadsworth Atheneum
600 Main Street
Hartford, CT 06103
tel: (860) 278-2670
fax: (860) 527-0803
EIN: 06-0653111

Visit Web Site

Board Leadership

William R. Peelle, Jr.
President

CEO

Thomas J. Loughman
Director and CEO

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