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Arts, Culture, Humanities : Museums

Chrysler Museum of Art

Bringing art and people together to enrich and transform lives

four stars

90.45

One Memorial Place Norfolk, VA 23510
tel: (757) 664-6200   Web Site
EIN: 51-0243196

Board Leadership
Thomas L. Stokes, Jr.
Chairman

CEO
Erik H. Neil
Director

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 90.45 four stars
  Financial 86.50 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 11/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Why isn't this based on more recent data?

Founded in 1939 as the Norfolk Museum of Arts and Sciences, the Chrysler Museum of Art combines one of America's great fine arts museums and two significant historic houses. In addition to maintaining a distinguished permanent collection of 30,000 objects spanning nearly 5,000 years history, the Chrysler offers a comprehensive program of changing exhibitions and education activities for visitors of all ages. Our goal is to bring people and original works of art together. We believe that a visit to a museum should be both educational, providing visitors with a chance to learn more about themselves and their world, and fun.

Founded in 1939 as the Norfolk Museum of Arts and Sciences, the Chrysler Museum of Art combines one of America's great fine arts museums and two significant historic houses. In addition to maintaining a distinguished permanent collection of 30,000 objects spanning nearly 5,000 years history, the Chrysler offers a comprehensive program of changing exhibitions and education activities for visitors of all ages. Our goal is to bring people and original works of art together. We believe that a visit to a museum should be both educational, providing visitors with a chance to learn more about themselves and their world, and fun.

Results Information

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Financial

three stars

86.50

Accountability & Transparency

four stars

100.00

This rating was published 11/01/2017 and includes data from FY2016, 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)		 84.2%
  Administrative Expenses 5.9%
  Fundraising Expenses 9.7%
  Fundraising Efficiency $0.14
  Working Capital Ratio (years) 2.80
  Program Expenses Growth 3.0%
  Liabilities to Assets 13.9%
All data for Financial Performance Metrics calculations was provided by Chrysler Museum of Art on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Chrysler Museum of Art 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
Chrysler Museum of Art (VA) 90.45 four stars
Hunter Museum of American Art (TN) 85.44 three stars
San Antonio Museum of Art (TX) 87.39 three stars
Long Beach Museum of Art (CA) 90.74 four stars
Brooklyn Museum (NY) 85.81 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,335,710
   Federated Campaigns $0
   Membership Dues $1,161,847
   Fundraising Events $0
   Related Organizations $0
   Government Grants $2,909,432
Total Contributions $6,406,989
   Program Service Revenue $483,725
Total Primary Revenue $6,890,714
   Other Revenue $2,462,312
TOTAL REVENUE $9,353,026
   
EXPENSES  
   Program Expenses $7,257,774
   Administrative Expenses $658,721
   Fundraising Expenses $1,155,447
TOTAL FUNCTIONAL EXPENSES $9,071,942
   
Payments to Affiliates $0
Excess (or Deficit) for the year $281,084
   
Net Assets $67,892,860

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 $6,782,841 93.5%
Improvement, Additions, Transfers $474,933 6.5%

Ratings History
Chrysler Museum of Art has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 11/01/2017 90.45 four stars
2015-06 11/01/2016 92.15 four stars
2014-06 07/01/2016 94.69 four stars
2014-06 06/01/2016 93.98 four stars
 
CN 2.0
2014-06 09/01/2015 94.76 four stars
2013-06 10/01/2014 94.81 four stars
2012-06 08/01/2013 99.02 four stars
2011-06 05/01/2012 87.04 three stars
2010-06 09/20/2011 83.40 three stars
 
CN 1.0
2009-06 11/24/2010 90.12 four stars
2008-06 06/01/2009 76.17 two stars
2007-06 06/01/2008 83.32 three stars
2006-06 06/01/2007 78.38 two stars
2005-06 11/01/2006 90.72 four stars
2004-06 09/01/2005 79.86 two stars
2003-06 10/01/2004 83.24 three stars
2002-06 01/01/2004 85.04 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 51-0243196
Name in IRS Master File THE CHRYSLER MUSEUM INC
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.
(91) Art exhibit
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, 1980
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, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 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
$210,939 2.32% Erik Neil Executive Director
Other Salaries of Note
$161,678 1.78% William Hennessey Former Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Chrysler Museum of Art (VA) 90.45 four stars
The Museum of Fine Arts, Houston (TX) 88.68 three stars
Metropolitan Museum of Art (NY) 92.42 four stars
Hammer Museum (CA) 94.10 four stars
Nevada Museum of Art (NV) 87.93 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Chrysler Museum of Art
One Memorial Place
Norfolk, VA 23510
tel: (757) 664-6200
fax: (757) 664-6201
EIN: 51-0243196

Visit Web Site

Board Leadership

Thomas L. Stokes, Jr.
Chairman

CEO

Erik H. Neil
Director

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