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Arts, Culture, Humanities : Museums

CN Advisory: Moderate Concern

Walker Art Center

Examining the questions that shape and inspire us as individuals, cultures, and communities

three stars

84.60

725 Vineland Place Minneapolis, MN 55403
tel: (612) 375-7600   Web Site
EIN: 41-0693929

Board Leadership
John Christakos
President

CN CN CN LOW

CN CN CN HIGH

On September 7, 2018, KSTP reported on the charges of improper conduct allegedly taking place at Walker Art Center in an article titled, "Lawsuit Alleges Walker Arts Center Abuses Unfair Monopoly." For this reason, we have issued a Moderate Concern CN Advisory as the allegations have yet to be confirmed. For more information regarding this matter, please see the KSTP article.


This charity has received a Moderate Concern Advisory due to an open or pending investigation regarding allegations of possible illegal activity, improper conduct, organizational mismanagement, or other matters of concern. Please note that this investigation has not concluded and that the allegations being investigated have not been confirmed by the U.S. legal system. Charity Navigator aims to provide donors and users with as much information as possible in order to make an informed giving decision. This advisory will be updated once we become aware that the investigation is completed. The views and opinions expressed here are those of the authors of sources used for the reported information, and not those of Charity Navigator. Charity Navigator is not responsible for the nature or content of the information presented through such external sources and websites. For more information on how or when we decide to publish a CN Advisory, please review our methodology.

  Score
(out of 100)
Rating
Overall Score & Rating 84.60 three stars
  Financial 87.74 three stars
  Accountability & Transparency 82.00 three stars
This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.

One of the most celebrated art museums in the country, the Walker Art Center (WAC) is known for commissioning and presenting innovative contemporary art; fostering the cross-pollination of the visual, performing, and media arts; and engaging diverse audiences in the excitement of the creative process. Founded in 1879, WAC has evolved from a small-scale, primarily regional institution into a major local, national, and international artistic resource. A 17-acre urban campus, designed by Pritzker Prize-winning architects Herzog & de Meuron, opened in spring 2005. The expanded facility features new galleries; education areas; a new 385-seat theater; street-level and roof-top terraces; plazas, gardens, and lounges; and increased services and amenities for visitors.

One of the most celebrated art museums in the country, the Walker Art Center (WAC) is known for commissioning and presenting innovative contemporary art; fostering the cross-pollination of the visual, performing, and media arts; and engaging diverse audiences in the excitement of the creative process. Founded in 1879, WAC has evolved from a small-scale, primarily regional institution into a major local, national, and international artistic resource. A 17-acre urban campus, designed by Pritzker Prize-winning architects Herzog & de Meuron, opened in spring 2005. The expanded facility features new galleries; education areas; a new 385-seat theater; street-level and roof-top terraces; plazas, gardens, and lounges; and increased services and amenities for visitors.

Impact Information

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Financial

three stars

87.74

Accountability & Transparency

three stars

82.00

This rating was published 07/01/2019 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)
74.1%
  Administrative Expenses 21.3%
  Fundraising Expenses 4.5%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 7.11
  Program Expenses Growth 0.9%
  Liabilities to Assets 2.8%
All data for Financial Performance Metrics calculations was provided by Walker Art Center on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Walker Art Center on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Walker Art Center (MN) 84.60 three stars
Orange County Museum of Art (CA) 85.08 three stars
Columbus Museum of Art (OH) 91.79 four stars
Dia Art Foundation (NY) 90.06 four stars
New Museum of Contemporary Art (NY) 89.01 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $15,476,389
   Federated Campaigns $0
   Membership Dues $437,849
   Fundraising Events $1,108,585
   Related Organizations $0
   Government Grants $965,582
Total Contributions $17,988,405
   Program Service Revenue $4,150,573
Total Primary Revenue $22,138,978
   Other Revenue $3,314,044
TOTAL REVENUE $25,453,022
   
EXPENSES  
   Program Expenses $18,926,871
   Administrative Expenses $6,614,903
   Fundraising Expenses $1,266,340
TOTAL FUNCTIONAL EXPENSES $26,808,114
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,355,092
   
Net Assets $304,238,897

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 $6,034,874 31.9%
Outdoor Programming & Sculpture Garden $4,513,615 23.8%
Performing Arts $2,102,975 11.1%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 07/01/2019 84.60 three stars
-- 09/25/2018 --Moderate Concern Advisory

On September 7, 2018, KSTP reported on the charges of improper conduct allegedly taking place at Walker Art Center in an article titled, "Lawsuit Alleges Walker Arts Center Abuses Unfair Monopoly." For this reason, we have issued a Moderate Concern CN Advisory as the allegations have yet to be confirmed. For more information regarding this matter, please see the KSTP article.

2017-06 08/01/2018 86.82 three stars
2016-06 08/01/2017 85.93 three stars
2015-06 09/01/2016 82.73 three stars
2014-06 06/01/2016 85.41 three stars
 
CN 2.0
2014-06 09/01/2015 80.63 three stars
2013-06 10/01/2014 85.47 three stars
2012-06 05/01/2013 84.57 three stars
2011-06 05/01/2012 80.78 three stars
2010-06 09/20/2011 78.04 two stars
 
CN 1.0
2009-06 11/24/2010 77.80 two stars
2008-06 08/01/2009 80.03 three stars
2007-06 08/01/2008 82.02 three stars
2006-06 05/01/2008 92.16 four stars
2005-06 05/01/2006 88.66 three stars
2004-06 05/01/2005 87.18 three stars
2003-06 02/01/2005 83.37 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 41-0693929
Name in IRS Master File WALKER ART CENTER INC
NTEE Code A20
NTEE Classification Arts, Cultural Organizations - Multipurpose
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
(59) Other school related activities
(60) Museum, zoo, planetarium, etc.
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 September, 1946
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, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$532,724 1.98% Olga Viso Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Walker Art Center (MN) 84.60 three stars
San Francisco Museum of Modern Art (CA) 85.86 three stars
Dia Art Foundation (NY) 90.06 four stars
The Museum of Modern Art (NY) 92.83 four stars
Whitney Museum of American Art (NY) 87.00 three stars

Compare These Charities (Highly Rated)

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Charity Contact Info

Walker Art Center
725 Vineland Place
Minneapolis, MN 55403
tel: (612) 375-7600
EIN: 41-0693929

Visit Web Site

Board Leadership

John Christakos
President

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