Arts, Culture & Humanities
(A500)
IRS Verified
DX Registered
990 on File
HEARD MUSEUM
Financial strength (30%)
69/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of the Heard Museum is to be the world’s preeminent museum for the presentation, interpretation and advancement of American Indian art, emphasizing its intersection with broader artistic and cultural themes.
Financial Overview — FY 2024
$10.7M
Total Revenue
$13.3M
Total Expenses
$30.2M
Net Assets
147
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
67.1%
Fundraising Efficiency
859.7%
Operating Reserve
27.25x
Liability-to-Asset
12.5%
Revenue Diversification
59.9%
Executive Compensation
$1.1M
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
|
67.1% | 79.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
21.4% | 13.1% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
11.6% | 5.9% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
859.7% | 812.3% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
27.3 mo | 29.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
12.5% | 12.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.9% | 68.0% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-1.5% | 7.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.7% | 7.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-24.5% | 2.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $10.7M | $13.3M | $30.2M | 67.1% | 147 |
| 2023 | $10.8M | $12.7M | $30.7M | 68.9% | 154 |
| 2022 | $11.6M | $10.8M | $31.5M | 70.2% | 117 |
| 2021 | $25.4M | $7.9M | N/A | — | 111 |
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