nonprofit · EIN 04-2103607 · MA
How much does MUSEUM OF FINE ARTS raise and spend?
MUSEUM OF FINE ARTS (MA, EIN 04-2103607) reported $99.6M in revenue and $123.3M in expenses for tax year 2023, with $1.2B in net assets (118.6 months of reserves). By expenses that ranks 3,696 of 539,974 e-filers, 25 of 36,190 in NTEE A: Arts, Culture & Humanities, 151 of 16,913 nonprofits in massachusetts.
What stands out
MUSEUM OF FINE ARTS (MA, EIN 04-2103607) reported $99.6M in revenue and $123.3M in expenses for tax year 2023, with $1.2B in net assets (118.6 months of reserves). By expenses that ranks 3,696 of 539,974 e-filers, 25 of 36,190 in NTEE A: Arts, Culture & Humanities, 151 of 16,913 nonprofits in massachusetts. Against NTEE A: Arts, Culture & Humanities: months of reserves 118.6 months, above the peer median of 13.1 months; officer compensation share of expenses 2.8%, below the peer median of 9.2%; contributions share of revenue 62.6%, below the peer median of 65.0%; surplus margin -23.8%, below the peer median of 3.3%.
Key figures, tax year 2023
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2023 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $99.6M | $158.2k | $236.7M | $194.7k |
| Total expenses | $123.3M | $143.9k | $231.0M | $178.5k |
| Total assets | $1.4B | $616.5k | $318.0M | $775.3k |
| Net assets | $1.2B | $569.4k | $158.3M | $622.5k |
| Officer compensation (total per organisation) | $3.4M | $90.6k | $2.4M | $113.0k |
| Program service revenue share | 23.2% | 21.7% | 93.3% | 13.8% |
| Contributions share of revenue | 62.6% | 65.0% | 1.2% | 57.5% |
| Officer compensation share of expenses | 2.8% | 9.2% | 0.8% | 6.5% |
| Months of reserves | 118.6 months | 13.1 months | 7.4 months | 12.6 months |
| Surplus margin | -23.8% | 3.3% | 1.1% | 3.9% |
Year by year
6 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $99.6M | $123.3M | $1.2B | 118.6 months | $3.4M | 3,696 |
| 2022 | $148.3M | $134.5M | $1.2B | 104.8 months | $4.1M | 3,186 |
| 2021 | $137.1M | $128.2M | $1.3B | 119.1 months | $2.8M | 2,042 |
| 2020 | $175.1M | $122.4M | $1.1B | 104.1 months | $3.1M | 3,133 |
| 2019 | $177.3M | $139.2M | $1.0B | 87.5 months | $2.8M | 2,652 |
| 2018 | $133.4M | $117.0M | $1.0B | 104.0 months | $2.4M | 2,891 |
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