EIN 54-6026841

Taubman Museum of Art

Name: Taubman Museum of Art financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Roanoke

State

Virginia

Year formed

1951

Most recent tax filings

2023-06-01

NTEE code, primary

A51: Art Museums

Description

Taubman Museum of Art engages all audiences through the celebration and enjoyment of creativity while bringing people and art together for discovery, learning, and enjoyment. The museum conducts and sponsors art classes, lectures, shows, exhibits, theatrical and musical programs, film presentations, and workshops to stimulate art appreciation in the Roanoke Valley area.

Total revenues

$3,235,991

2023

Total expenses

$5,914,255

2023

Total assets

$68,915,793

2023

Num. employees

2023

Program areas at Taubman Museum of Art

The Museum conducts and sponsors Art classes, lectures, shows and exhibits, theatrical and musical programs, film presentations and workshops to stimulate Art appreciation in the roanoke valley area.

Who funds Taubman Museum of Art

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Taubman Foundation for the Arts	2023-12	Operating Contribution	$151,688
The Kaneff Foundation	2022-12	To Provide Art and Culture	$75,470
Community Foundation Serving Western Virginia	2022-06	Arts, Culture & Humanities	$55,710
...and 22 more grants received totalling $649,054

Personnel at Taubman Museum of Art

Name	Title	Compensation	Date of data
Cindy Petersen	Executive Director	$265,156	2022-11-11
Leon P Harris	Chairman / Trustee	$0	2022-06-30
William J Lemon	Secretary	$0	2022-06-30
David Wine	Past Treasurer	$0	2022-06-30
W Heywood Fralin	Vice Chairman	$0	2022-06-30

Financials for Taubman Museum of Art

Revenues	FYE 06/2023	FYE 06/2022	% Change
Total grants, contributions, etc.	$1,328,274	$1,853,636	-28.3%
Program services	$831,552	$573,947	44.9%
Investment income and dividends	$724,209	$668,300	8.4%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$58,043	$1,191,153	-95.1%
Net income from fundraising events	$261,925	$140,208	86.8%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$31,988	$26,203	22.1%
Miscellaneous revenues	$0	$0	-
Total revenues	$3,235,991	$4,453,447	-27.3%

Form 990s for Taubman Museum of Art

Fiscal year ending	Date received by IRS	Form	PDF link
2022-06	2022-11-11	990	View PDF
2021-06	2021-12-29	990	View PDF
2020-06	2021-04-02	990	View PDF
2019-06	2020-09-09	990	View PDF
2018-06	2019-02-21	990	View PDF
...and 9 more Form 990s

Organizations like Taubman Museum of Art

Organization	Type	Location	Revenue
Museum of Nebraska Art (MONA)	501(c)(3)	Kearney, NE	$12,796,061
Newport Art Museum and Art Association	501(c)(3)	Newport, RI	$1,404,768
The Cummer Museum of Art and Gardens	501(c)(3)	Jacksonville, FL	$10,359,539
Louisiana Art and Science Museum	501(c)(3)	Baton Rouge, LA	$2,293,696
Oklahoma City Museum of Art	501(c)(3)	Oklahoma City, OK	$9,123,451
Asheville Art Museum Association	501(c)(3)	Asheville, NC	$3,167,007
New Orleans Museum of Art	501(c)(3)	New Orleans, LA	$12,204,343
Ogden Museum of Southern Art	501(c)(3)	New Orleans, LA	$3,102,822
Muskegon Museum of Art Foundation	501(c)(3)	Muskegon, MI	$6,428,246
The Leslie Lohman Museum of Gay and Lesbian Art	501(c)(3)	New York, NY	$2,100,217

Data update history

March 26, 2024

Used new vendors

Identified 1 new vendor, including

December 31, 2023

Received grants

Identified 4 new grant, including a grant for $75,470 from The Kaneff Foundation

September 27, 2023

Received grants

Identified 4 new grant, including a grant for $50,000 from Goode Family Foundation

August 14, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 28, 2023

Posted financials

Added Form 990 for fiscal year 2022

Nonprofit Types

Arts, culture, and humanities nonprofitsMuseumsCharities

Issues

Arts, cultural, and humanities

Characteristics

Fundraising eventsState / local levelReceives government fundingEndowed supportTax deductible donations

General information

Address: 110 Salem Ave Se; Roanoke, VA 24011
Metro area: Roanoke, VA
County: Roanoke city, VA
Website URL: taubmanmuseum.org/
Phone: (540) 342-5760
Facebook page: TaubmanMuseum
Twitter profile: @taubman_museum

IRS details

EIN: 54-6026841
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1951
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: A51: Art Museums
NAICS code, primary: 7121: Museums, Historical Sites, and Similar Institutions
Parent/child status: Independent

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Taubman Museum of Art

Program areas at Taubman Museum of Art

Who funds Taubman Museum of Art

Personnel at Taubman Museum of Art

Financials for Taubman Museum of Art

Form 990s for Taubman Museum of Art

Organizations like Taubman Museum of Art

Nonprofits

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