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Arts, Culture, Humanities : Museums

Tacoma Art Museum

Connecting people through art

80.82

1701 Pacific Avenue Tacoma, WA 98402
tel: (253) 272-4258   Web Site
EIN: 91-0697444

Board Leadership
Connie Willis
President

CEO
David Setford
Executive Director

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 80.82
  Financial 73.80
  Accountability & Transparency 93.00
This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Tacoma Art Museum (TAM) was founded by a group of volunteers in 1935 and has since grown to become a national model for regional, mid-sized museums. The museum is dedicated to exhibiting and collecting Northwest art, with the mission of connecting people through art. The museum's permanent collection includes the premier collection of Dale Chihuly's glass artwork on permanent public display. Tacoma Art Museum serves the diverse communities of the Northwest through its collection, exhibitions, and learning programs, emphasizing art and artists from the Northwest. Our vision is to be a national model for regional museums by creating a dynamic museum that engages, inspires, and builds community through art.

Tacoma Art Museum (TAM) was founded by a group of volunteers in 1935 and has since grown to become a national model for regional, mid-sized museums. The museum is dedicated to exhibiting and collecting Northwest art, with the mission of connecting people through art. The museum's permanent collection includes the premier collection of Dale Chihuly's glass artwork on permanent public display. Tacoma Art Museum serves the diverse communities of the Northwest through its collection, exhibitions, and learning programs, emphasizing art and artists from the Northwest. Our vision is to be a national model for regional museums by creating a dynamic museum that engages, inspires, and builds community through art.

Financial

73.80

Accountability & Transparency

93.00

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)
62.0%
  Administrative Expenses 27.7%
  Fundraising Expenses 10.1%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 8.57
  Program Expenses Growth -1.8%
  Liabilities to Assets 12.9%
All data for Financial Performance Metrics calculations was provided by Tacoma Art Museum on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Tacoma Art Museum on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Tacoma Art Museum (WA) 80.82
Woodmere Art Museum (PA) 92.12
National Museum of Wildlife Art (WY) 87.20
San Jose Museum of Art (CA) 94.01
Boca Raton Museum of Art (FL) 86.60

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,055,788
   Federated Campaigns $0
   Membership Dues $211,467
   Fundraising Events $218,140
   Related Organizations $0
   Government Grants $165,003
Total Contributions $3,650,398
   Program Service Revenue $454,425
Total Primary Revenue $4,104,823
   Other Revenue $2,640,778
TOTAL REVENUE $6,745,601
   
EXPENSES  
   Program Expenses $3,155,275
   Administrative Expenses $1,728,571
   Fundraising Expenses $504,671
TOTAL FUNCTIONAL EXPENSES $5,388,517
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,357,084
   
Net Assets $65,838,381

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 $1,523,089 48.3%
Museum Services $1,149,708 36.4%
Education Programs $482,478 15.3%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 11/01/2019 80.82
2017-06 11/01/2018 86.03
2016-06 06/01/2017 92.35
2015-06 06/01/2016 93.02
 
CN 2.0
2015-06 03/01/2016 85.30
2014-06 12/01/2015 81.93
2013-06 12/22/2014 86.39
2012-06 10/01/2013 84.93
2011-06 09/01/2012 81.30
2010-06 12/01/2011 76.80
2009-06 09/20/2011 87.70
 
CN 1.0
2009-06 07/01/2011 82.98
2008-06 02/01/2010 86.60
2007-06 10/01/2008 89.68
2006-06 08/01/2007 82.74
2005-06 09/01/2006 79.08
2004-06 07/01/2005 71.72
2003-06 01/05/2005 70.57
2002-06 09/01/2003 65.10
2001-06 02/05/2003 70.48

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

EIN 91-0697444
Name in IRS Master File TACOMA ART MUSEUM TACOMA WA
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.
(59) Other school related activities
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
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 November, 1964
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, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$137,380 2.54% Mark Holcomb Interim Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Tacoma Art Museum (WA) 80.82
Eiteljorg Museum of American Indians and Western Art (IN) 87.63
The Parrish Art Museum (NY) 85.69
National Museum of Women in the Arts (DC) 88.73
National Museum of Wildlife Art (WY) 87.20

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Charity Contact Info

Tacoma Art Museum
1701 Pacific Avenue
Tacoma, WA 98402
tel: (253) 272-4258
fax: (253) 627-1898
EIN: 91-0697444

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Board Leadership

Connie Willis
President

CEO

David Setford
Executive Director

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