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Mint Museum of Art
Mint Museum of Art reported $14.6 million in revenue and $15.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.59 went to program services, $11.36 to management and general costs and $8.05 to fundraising. Its largest source of revenue was contributions and grants: 72.2% of the total. The highest compensation it reported for one person was $386,483 (PRESIDENT & CEO). 7 people received more than $100,000 in reportable compensation. Revenue rose 112% 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 $15MFor 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 $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.6% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.4% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 8.1% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.12 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 72.2% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.6% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 7.4% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $386,483 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.50% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 7 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 77.9 | 36.6 |
| Independent voting board members Part VI 1a–1b | 23 of 23 | 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 expenseFor the majority of FY25, the Mint Museum continued its core activities, including expanding its permanent collections through important acquisitions; launching new exhibitions comprising works from the permanent collections and on loan; engaging visitors of all ages and backgrounds through education and outreach initiatives; and implementing new communication strategies, technologies, and methods to reach and engage new audiences. The museum presented an exciting roster of major mint organized and special loan exhibitions in FY25:whitfield lovell: passages was the most comprehensive…
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 |
|---|---|---|---|---|
| PRESIDENT & CEO Officer, 40.00 hrs/week | $361,155 | $0 | $25,328 | $386,483 |
| COO/CFO Officer, 40.00 hrs/week | $212,070 | $0 | $12,408 | $224,478 |
| CHIEF CURATOR Key employee, 40.00 hrs/week | $153,669 | $0 | $18,288 | $171,957 |
| CHIEF ADVANCEMENT OFFICER Highest compensated employee, 40.00 hrs/week | $138,413 | $0 | $2,659 | $141,072 |
| SR DIR, MKTG/COMMUNICATIONS Highest compensated employee, 40.00 hrs/week | $131,495 | $0 | $3,280 | $134,775 |
| DIR. OF HUMAN RESOURCES Highest compensated employee, 40.00 hrs/week | $101,708 | $0 | $15,930 | $117,638 |
| DIRECTOR OF ACCOUNTING Highest compensated employee, 40.00 hrs/week | $100,371 | $0 | $4,648 | $105,019 |
7 people received more than $100,000 in reportable compensation from Mint Museum of Art (Part VII, line 2). Compensation of current officers, directors and key employees totaled $641K (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–1b23 · 23 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 11aNo
- Family or business ties among insiders Part VI 2No
- 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 5109
- Volunteers Part I, line 6900
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SUNSTATES SECURITY LLC Security services | $796,942 |
| THE BUDD GROUP INC Housekeeping/landscaping | $374,010 |
| BIZ TECHNOLOGY SOLUTIONS INC It services | $100,264 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
12 private foundations reported grants to Mint Museum of Art totaling $75,248 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 Mint Museum of Art's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mint Museum of Art, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Mint Museum of Art spent in FY2025, $80.59 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Macphail Center for MusicMinneapolis, MN · revenue $15M · programs 78.2% · FY2025
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- Historic Hudson ValleyPocantico Hills, NY · revenue $15M · programs 83.9% · 2024
- ETV Endowment of South CarolinaSpartanburg, SC · revenue $15M · programs 85.7% · FY2025
All arts, culture & humanities charities · Largest charities in North Carolina
Questions people ask
How much of Mint Museum of Art's spending goes to programs?
In the fiscal year ending June 30, 2025, Mint Museum of Art reported that 80.6% of its $15.5 million in expenses went to program services, 11.4% to management and general and 8.1% to fundraising (Form 990, Part IX).
How much does Mint Museum of Art pay its top executive?
The largest total compensation Mint Museum of Art reported for one person in the fiscal year ending June 30, 2025 was $386,483, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Mint Museum of Art get its money?
Of $14.6 million in revenue in the fiscal year ending June 30, 2025, 72.2% came from contributions and grants (including 0.6% from government grants) and 7.4% from program service revenue (Form 990, Part VIII).
Is Mint Museum of Art a registered charity?
The IRS lists EIN 56-0670666 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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 202630619349300318 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520779349300027 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441069349300609 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301159349301700 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201029349300835 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111059349300331 · read the filing
All filings for EIN 56-0670666: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.