Arts, Culture & Humanities
(A500)
IRS Verified
DX Registered
990 on File
EVANSVILLE MUSEUM OF ARTS AND SCIENCE
Financial strength (30%)
75/100
Reliability (20%)
55/100
Effectiveness (25%)
80/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of the Evansville Museum of Arts, History & Science is to enrich lives through preservation, exploration, enlightenment and amazement by following these core values: Adhere to the highest level of collection management and integrity; Provide a dynamic, challenging and educational experience; Hold itself to the highest ethical standards; Be responsive and inclusive to the community. The Museum strives to become the cultural anchor for the tri-state region and the premier institution for the collaboration of art, history, and science.
Financial Overview — FY 2024
$3.2M
Total Revenue
$1.7M
Total Expenses
$22.0M
Net Assets
21
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
70.2%
Fundraising Efficiency
93.8%
Operating Reserve
151.53x
Liability-to-Asset
2.1%
Revenue Diversification
85.4%
Compared with Peers
FY 2024
Compared with 3,450 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M 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
|
70.2% | 77.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.9% | 14.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
12.8% | 5.4% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
93.8% | 240.4% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
151.5 mo | 16.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.1% | 10.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
85.4% | 74.5% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
84.6% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1.8% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
46.1% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $3.2M | $1.7M | $22.0M | 70.2% | 21 |
| 2023 | $1.7M | $1.7M | $20.8M | 72.8% | 22 |
| 2022 | $1.7M | $1.6M | $20.8M | 72.7% | 23 |
| 2021 | $1.6M | $1.5M | N/A | — | 20 |
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