Arts, Culture & Humanities
(A510)
IRS Verified
DX Registered
990 on File
TAMPA MUSEUM OF ART INC
Financial strength (30%)
72/100
Reliability (20%)
55/100
Effectiveness (25%)
90/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Tampa Museum of Art will gather, study, discuss, and present the finest visual arts for a curious public. Our vision is to create an environment to explore new ideas and innovative experiences
Financial Overview — FY 2024
$22.8M
Total Revenue
$7.2M
Total Expenses
$34.0M
Net Assets
103
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
67.8%
Fundraising Efficiency
641.4%
Operating Reserve
56.74x
Liability-to-Asset
9.2%
Revenue Diversification
98.9%
Executive Compensation
$299K
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
|
67.8% | 77.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.0% | 14.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
22.1% | 5.4% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
641.4% | 240.4% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
56.7 mo | 16.5 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.2% | 10.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.9% | 74.5% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
305.6% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
8.8% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
68.5% | -0.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $22.8M | $7.2M | $34.0M | 67.8% | 103 |
| 2023 | $5.6M | $6.6M | $18.4M | 64.8% | 94 |
| 2022 | $5.5M | $5.7M | $19.4M | 64.8% | 86 |
| 2021 | $4.7M | $4.5M | N/A | — | 72 |
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