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Arts, Culture, Humanities : Museums

Albright-Knox Art Gallery

Experience the unexpected

four stars

90.62

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

Board Leadership
Alice F. Jacobs
President

CEO
Janne Sirén
Director

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 90.62 four stars
  Financial 89.42 three stars
  Accountability & Transparency 92.00 four stars
This rating was published 05/01/2019 and includes data from FY2018, the most recent 990 received at that time.

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.

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.

Impact Information

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Financial

three stars

89.42

Accountability & Transparency

four stars

92.00

This rating was published 05/01/2019 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)
69.7%
  Administrative Expenses 25.2%
  Fundraising Expenses 4.9%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 11.25
  Program Expenses Growth 6.5%
  Liabilities to Assets 2.3%
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) 90.62 four stars
Woodmere Art Museum (PA) 94.69 four stars
Salvador Dalí Museum (FL) 86.20 three stars
McNay Art Museum (TX) 91.45 four stars
James A. Michener Art Museum (PA) 89.37 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $11,588,245
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $130,114
   Related Organizations $0
   Government Grants $919,000
Total Contributions $12,637,359
   Program Service Revenue $1,981,426
Total Primary Revenue $14,618,785
   Other Revenue $6,892,261
TOTAL REVENUE $21,511,046
   
EXPENSES  
   Program Expenses $12,658,957
   Administrative Expenses $5,341,633
   Fundraising Expenses $643,659
TOTAL FUNCTIONAL EXPENSES $18,644,249
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,866,797
   
Net Assets $217,621,619

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 $8,688,808 68.6%
Exhibitions $2,301,671 18.2%
Gallery Operations $1,072,228 8.5%

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
2018-06 05/01/2019 90.62 four stars
2017-06 11/01/2018 90.13 four stars
2017-06 06/01/2018 86.66 three stars
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, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$390,664 2.09% Janne Siren Museum Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Albright-Knox Art Gallery (NY) 90.62 four stars
San Jose Museum of Art (CA) 92.91 four stars
The Parrish Art Museum (NY) 86.23 three stars
American Folk Art Museum (NY) 85.39 three stars
National Museum of Women in the Arts (DC) 93.07 four stars

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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

Alice F. Jacobs
President

CEO

Janne Sirén
Director

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