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The Robert & Jane Meyerhoff Modern Art Foundation

Cockeysville, MD · EIN 52-2178882 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

The Robert & Jane Meyerhoff Modern Art Foundation reported $28.1 million in revenue and $104,222 in expenses for calendar year 2024. Of every $100 it spent, $0.00 went to program services, $100.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 100.0% of the total. The highest compensation it reported for one person was $2,516,955 (TRUSTEE). Revenue rose 45236% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $104K

For 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

Calendar year 2024 · Form 990, Part VIII · total revenue $28M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 876 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
0.0%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
100.0%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
100.0%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.7%
Program service revenue share
Part VIII 2g ÷ 12
0.0%20.8%
Highest reported compensation
Part VII-A, columns D–F
$2,516,955$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2414.99%2.03%
People paid over $100,000
Part VII, line 2
08
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
19,442.036.6
Independent voting board members
Part VI 1a–1b
5 of 9100.0%

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

2024 · Form 990, Part III · the three largest programs by expense
— expenses

The organization uses artwork to promote the general public's appreciation,understanding and aesthetic enjoyment of the unique qualities of Modern Art

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
TRUSTEE
Director/trustee, 1.00 hrs/week
$0$2,056,773$460,182$2,516,955
TRUSTEE
Director/trustee, 1.00 hrs/week
$0$432,042$144,849$576,891
TRUSTEE
Director/trustee, 1.00 hrs/week
$0$249,154$11,771$260,925
TRUSTEE
Director/trustee, 1.00 hrs/week
$0$155,782$51,730$207,512

0 people received more than $100,000 in reportable compensation from The Robert & Jane Meyerhoff Modern Art Foundation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$28M$104K
FilingRevenueExpensesProgramsNet assetsTop pay
2024 (amended) ⓘ$28M$104K0.0%$169M$2,516,955
2023 ⓘ$87,004$86,9720.0%$129M$1,568,767
2022 (amended) ⓘ$5.0M$73,0440.0%$141M$1,554,116
2021 ⓘ$72,008$73,2940.0%$129M$1,295,075
2020 ⓘ$75,014$74,4150.0%$129M$1,267,935
2019 ⓘ$62,005$63,5440.0%$129M$1,237,717

Governance answers, as filed

2024 · 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–1b9 · 5 independent
  • Audited financial statements Part XII 2bNo
  • 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 15aNo
  • 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 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50

Correct a figure or respond

Every number above is copied from The Robert & Jane Meyerhoff Modern Art Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Robert & Jane Meyerhoff Modern Art Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

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Questions people ask

How much of The Robert & Jane Meyerhoff Modern Art Foundation's spending goes to programs?

In calendar year 2024, The Robert & Jane Meyerhoff Modern Art Foundation reported that 0.0% of its $104,222 in expenses went to program services, 100.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does The Robert & Jane Meyerhoff Modern Art Foundation pay its top executive?

The largest total compensation The Robert & Jane Meyerhoff Modern Art Foundation reported for one person in calendar year 2024 was $2,516,955, for the role of TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Robert & Jane Meyerhoff Modern Art Foundation get its money?

Of $28.1 million in revenue in calendar year 2024, 100.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is The Robert & Jane Meyerhoff Modern Art Foundation a registered charity?

The IRS lists EIN 52-2178882 as a 501(c)(3) organization (supporting organization (509(a)(3))), 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

  • 2024: Form 990 for calendar year 2024 (amended), object 202611529349301211 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433209349301983 · read the filing
  • 2022: Form 990 for calendar year 2022 (amended), object 202523179349304897 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213149349306176 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113199349302246 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003189349300135 · read the filing

All filings for EIN 52-2178882: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.