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Walker Art Center
Walker Art Center reported $53.5 million in revenue and $31.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $66.74 went to program services, $27.69 to management and general costs and $5.57 to fundraising. Its largest source of revenue was investment income: 48.7% of the total. Government grants made up 5.5%. The highest compensation it reported for one person was $525,475 (EXECUTIVE DIRECTOR). 19 people received more than $100,000 in reportable compensation. Revenue rose 471% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $32MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $54M- Contributions & grants (non-government)$40.91 $22M
- Government grants$5.49 $2.9M
- Program service revenue$4.88 $2.6M
- Investment income$48.72 $26M
Other revenue was negative: −$116. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 66.7% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 27.7% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.6% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.07 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 46.4% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 5.5% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 4.9% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $525,475 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.65% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 19 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 167.9 | 36.6 |
| Independent voting board members Part VI 1a–1b | 49 of 49 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe Walker Art Center provides exhibitions of paintings, sculpture, prints, photography and digital media with an emphasis on contemporary art, moving image program including film screenings, education programs and tours for adults, teens, children, school and family programs. Performing arts includes presentation of various performances including dance, music, and theatre
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 35.00 hrs/week | $472,047 | $0 | $53,428 | $525,475 |
| CHIEF OF ADVANCEMENT Key employee, 35.00 hrs/week | $247,567 | $0 | $24,721 | $272,288 |
| CHIEF FINANCIAL OFFICER Officer, 35.00 hrs/week | $228,546 | $0 | $12,574 | $241,120 |
| CHIEF CURATOR Key employee, 35.00 hrs/week | $213,365 | $0 | $22,374 | $235,739 |
| SR CURATOR Highest compensated employee, 35.00 hrs/week | $208,769 | $0 | $19,238 | $228,007 |
| HEAD OF DESIGN, CONTENT, AND COMM. Highest compensated employee, 35.00 hrs/week | $193,552 | $0 | $12,959 | $206,511 |
| HEAD OF PUB ENGAGEMENT, LEARNING, AND IMPACT Key employee, 35.00 hrs/week | $159,906 | $0 | $19,599 | $179,505 |
| HEAD OF OPERATIONS Highest compensated employee, 35.00 hrs/week | $146,411 | $0 | $15,181 | $161,592 |
19 people received more than $100,000 in reportable compensation from Walker Art Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.5M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b49 · 49 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5243
- Volunteers Part I, line 694
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| UMF INVESTMENT ADVISORS Investment advisors | $1,104,021 |
| APRES Design services | $362,417 |
| MN CLN SERVICES INC Cleaning services | $354,765 |
| WHY ARCHITECTURE WORKSHOP INC Consulting services | $307,694 |
| FAEGRE DRINKER BIDDLE AND REATH LLP Legal services | $230,993 |
Individuals listed as contractors are left out. 20 contractors were paid more than $100,000 in all.
Private foundation grants it received
45 private foundations reported grants to Walker Art Center totaling $1.4M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Walker Art Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Walker Art Center, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Walker Art Center spent in FY2025, $66.74 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Corporation of the Fine Arts MuseumsSan Francisco, CA · revenue $53M · programs 79.9% · FY2025
- PBS FoundationArlington, VA · revenue $54M · programs 89.3% · FY2025
- Cascade Public MediaSeattle, WA · revenue $53M · programs 70.2% · FY2025
- Mann Center for the Performing ArtsPhiladelphia, PA · revenue $54M · programs 88.7% · FY2025
- National Trust for Local NewsBrighton, CO · revenue $53M · programs 96.6% · 2024
All arts, culture & humanities charities · Largest charities in Minnesota
Questions people ask
How much of Walker Art Center's spending goes to programs?
In the fiscal year ending June 30, 2025, Walker Art Center reported that 66.7% of its $31.8 million in expenses went to program services, 27.7% to management and general and 5.6% to fundraising (Form 990, Part IX).
How much does Walker Art Center pay its top executive?
The largest total compensation Walker Art Center reported for one person in the fiscal year ending June 30, 2025 was $525,475, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Walker Art Center get its money?
Of $53.5 million in revenue in the fiscal year ending June 30, 2025, 46.4% came from contributions and grants (including 5.5% from government grants) and 4.9% from program service revenue (Form 990, Part VIII).
Is Walker Art Center a registered charity?
The IRS lists EIN 41-0693929 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202533499349301753 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202403539349300530 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202343539349300009 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202213489349300141 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202133569349300918 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130149349301038 · read the filing
All filings for EIN 41-0693929: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.