Arts, Culture & Humanities
(A510)
IRS Verified
DX Registered
990 on File
MUSEUM OF ARTS AND DESIGN
Financial strength (30%)
68/100
Reliability (20%)
55/100
Effectiveness (25%)
83/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of the Museum of Arts and Design (MAD) is to collect, display, and interpret objects that document contemporary and historic innovation in craft, art, and design. In its exhibitions and educational programs, the Museum celebrates the creative process through which materials are crafted into works that enhance contemporary life.
Financial Overview — FY 2024
$8.8M
Total Revenue
$12.8M
Total Expenses
$92.2M
Net Assets
122
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
71.8%
Fundraising Efficiency
469.8%
Operating Reserve
86.56x
Liability-to-Asset
1.4%
Revenue Diversification
59.7%
Executive Compensation
$909K
Compared with Peers
FY 2024
Compared with 434 similar organizations
(United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
71.8% | 79.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.3% | 13.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.8% | 5.9% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
469.8% | 812.3% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
86.6 mo | 29.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.4% | 12.2% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.7% | 68.0% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-28.8% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-6.7% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-46.1% | 2.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $8.8M | $12.8M | $92.2M | 71.8% | 122 |
| 2023 | $12.3M | $13.7M | $92.4M | 73.1% | 127 |
| 2022 | $11.6M | $14.0M | $89.2M | 74.7% | 252 |
| 2021 | $12.7M | $13.1M | N/A | — | 121 |
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