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Arts, Culture, Humanities : Museums

Albright-Knox Art Gallery

Experience the unexpected

four stars

91.46

1285 Elmwood Avenue Buffalo, NY 14222
tel: (716) 882-8700   Web Site
EIN: 16-6001555

Board Leadership
Thomas R. Hyde
President

CEO
Janne Sirén
Director

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 91.46 four stars
  Financial 98.72 four stars
  Accountability & Transparency 88.00 three stars
This rating was published 06/01/2017 and includes data from FY2016, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

four stars

98.72

Accountability & Transparency

three stars

88.00

This rating was published 06/01/2017 and includes data from FY2016, 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)
78.8%
  Administrative Expenses 17.4%
  Fundraising Expenses 3.6%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 7.54
  Program Expenses Growth 13.6%
  Liabilities to Assets 4.6%
All data for Financial Performance Metrics calculations was provided by Albright-Knox Art Gallery on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Albright-Knox Art Gallery on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Albright-Knox Art Gallery (NY) 91.46 four stars
The Henry Art Gallery (WA) 85.67 three stars
James A. Michener Art Museum (PA) 87.25 three stars
McNay Art Museum (TX) 95.70 four stars
Salvador Dalí Museum (FL) 86.79 three stars

Compare These Charities (Highly Rated)

The Albright-Knox Art Gallery, one of the nation's oldest public arts organizations, has a clear and compelling mission to acquire, exhibit, and preserve both modern and contemporary art. It focuses especially on contemporary art, with an active commitment to taking a global and multidisciplinary approach to the presentation, interpretation, and collection of the artistic expressions of our times. In an enriching, dynamic, and vibrant environment that embraces diverse cultures and traditions, the Gallery seeks to serve a broad and far-reaching audience. The Gallery's parent organization, the Buffalo Fine Arts Academy, was incorporated in 1862 to promote, cultivate, and generally foster art in all its branches.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,219,539
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $738,181
Total Contributions $3,957,720
   Program Service Revenue $2,965,492
Total Primary Revenue $6,923,212
   Other Revenue $3,918,432
TOTAL REVENUE $10,841,644
   
EXPENSES  
   Program Expenses $12,981,369
   Administrative Expenses $2,714,953
   Fundraising Expenses $560,754
TOTAL FUNCTIONAL EXPENSES $16,257,076
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-5,415,432
   
Net Assets $131,975,104

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
Purchase and Conservation of Art $6,439,181 49.6%
Gallery Operations $3,425,222 26.4%
Exhibitions $1,656,432 12.8%

Ratings History
Albright-Knox Art Gallery has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 06/01/2017 91.46 four stars
2015-06 08/01/2016 91.01 four stars
2014-06 06/01/2016 85.52 three stars
 
CN 2.0
2014-06 09/01/2015 85.10 three stars
2013-06 02/01/2014 89.53 three stars
2012-06 04/01/2013 90.00 four stars
2011-06 04/01/2012 80.27 three stars
2010-06 09/20/2011 78.98 two stars
 
CN 1.0
2010-06 07/01/2011 77.28 two stars
2009-06 11/24/2010 88.37 three stars
2008-06 08/01/2009 92.54 four stars
2007-06 10/01/2008 92.55 four stars
2006-06 06/01/2007 91.83 four stars
2005-06 09/01/2006 76.28 two stars
2004-06 07/01/2005 91.74 four stars
2003-06 05/01/2004 71.00 two stars
2002-06 03/01/2004 79.74 two 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 16-6001555
Name in IRS Master File BUFFALO FINE ARTS ACADEMY
NTEE Code A51
NTEE Classification Art Museums
NTEE Type Arts, Culture and Humanities
Classification Charitable 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 December, 1940
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).

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Compensation % of Expenses Paid to Title
$275,000 1.69% Janne Siren Director

The Albright-Knox Art Gallery, one of the nation's oldest public arts organizations, has a clear and compelling mission to acquire, exhibit, and preserve both modern and contemporary art. It focuses especially on contemporary art, with an active commitment to taking a global and multidisciplinary approach to the presentation, interpretation, and collection of the artistic expressions of our times. In an enriching, dynamic, and vibrant environment that embraces diverse cultures and traditions, the Gallery seeks to serve a broad and far-reaching audience. The Gallery's parent organization, the Buffalo Fine Arts Academy, was incorporated in 1862 to promote, cultivate, and generally foster art in all its branches.

Highly Rated

Charity Name & State Overall Score Overall Rating
Albright-Knox Art Gallery (NY) 91.46 four stars
Montclair Art Museum (NJ) 88.94 three stars
McNay Art Museum (TX) 95.70 four stars
James A. Michener Art Museum (PA) 87.25 three stars
Shelburne Museum (VT) 86.94 three stars

Compare These Charities (Highly Rated)

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Charity Contact Info

Albright-Knox Art Gallery
1285 Elmwood Avenue
Buffalo, NY 14222
tel: (716) 882-8700
EIN: 16-6001555

Visit Web Site

Board Leadership

Thomas R. Hyde
President

CEO

Janne Sirén
Director

[ X ]

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