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Asian Art Museum Foundation of San Francisco
Asian Art Museum Foundation of San Francisco reported $28.1 million in revenue and $39.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $68.16 went to program services, $22.83 to management and general costs and $9.01 to fundraising. Its largest source of revenue was contributions and grants: 72.4% of the total. Government grants made up 40.4%. The highest compensation it reported for one person was $716,958 (DIRECTOR & CEO (THRU 04/25)). 35 people received more than $100,000 in reportable compensation. Revenue fell 32% 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 $39MFor 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 $28MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 68.2% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 22.8% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 9.0% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.17 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 72.4% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 40.4% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 4.4% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $716,958 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.82% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 35 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 50.0 | 36.6 |
| Independent voting board members Part VI 1a–1b | 41 of 41 | 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 museum is one of san francisco's premier arts institutions and home to a world-renowned collection of more than 18,000 art treasures spanning 6,000 years of history and representing countries and cultures throughout asia. The collection's scope and breadth enable the museum to introduce all of the major traditions of Asian Art and culture, as well as the work of many asian american artists. More than 2,500 artworks from the collection are generally on view in the museum's 33 collection galleries, with another 500 objects removed and refreshed with works from storage each year
The museum provides a broad range of programs that explore the cultures represented in the museum's collection and exhibitions, and which are designed to reach all levels of education (k-12, college, and adult) and awareness of art (novice through expert). Free docent-led tours of the collection galleries and special exhibitions are conducted throughout the day. The museum's storytelling corps offers entertaining and educational programs for children and adults relating to artworks on view. School programs include a variety of industry-based activities: all class tours are interactive and…
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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 |
|---|---|---|---|---|
| DIRECTOR & CEO (THRU 04/25) Officer, 40.00 hrs/week | $661,595 | $0 | $55,363 | $716,958 |
| CHIEF FINANCIAL & ADMIN OFFICER Officer, 40.00 hrs/week | $270,981 | $0 | $13,786 | $284,767 |
| CHIEF CURATOR Officer, 40.00 hrs/week | $233,711 | $0 | $37,320 | $271,031 |
| CHIEF IMPACT OFFICER Officer, 40.00 hrs/week | $239,572 | $0 | $28,807 | $268,379 |
| CHIEF EXPERIENCE OFFICER Officer, 40.00 hrs/week | $249,948 | $0 | $18,151 | $268,099 |
| BUILDING & GROUNDS MAINTENANCE SUPERINTENDENT Highest compensated employee, 40.00 hrs/week | $193,313 | $0 | $55,446 | $248,759 |
| DIRECTOR OF SECURITY & FACILITIES Highest compensated employee, 40.00 hrs/week | $196,286 | $0 | $40,533 | $236,819 |
| DIRECTOR OF HUMAN RESOURCES Highest compensated employee, 40.00 hrs/week | $175,166 | $0 | $21,108 | $196,274 |
35 people received more than $100,000 in reportable compensation from Asian Art Museum Foundation of San Francisco (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (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–1b41 · 41 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 14bYes
- Employees Part I, line 5155
- Volunteers Part I, line 6203
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| MASTERPIECE INTERNATIONAL LTD International shipping | $723,424 |
| HUBEI PROVINCIAL MUSEUM Exhibition borrowing fees | $500,000 |
| MUSE SF Exhibition design/installation services | $365,403 |
| ARCHITECTURAL PLASTICS INC Exhibition design/installation services | $359,587 |
| LENAT & PARTNERS INC Advertising | $235,276 |
Individuals listed as contractors are left out. 19 contractors were paid more than $100,000 in all.
Private foundation grants it received
19 private foundations reported grants to Asian Art Museum Foundation of San Francisco totaling $1.6M 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 Asian Art Museum Foundation of San Francisco's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Asian Art Museum Foundation of San Francisco, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Asian Art Museum Foundation of San Francisco spent in FY2025, $68.16 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Steppenwolf Theatre CompanyChicago, IL · revenue $28M · programs 69.1% · FY2025
- Nashville Symphony AssociationNashville, TN · revenue $28M · programs 83.1% · FY2025
- Overture Center FoundationMadison, WI · revenue $28M · programs 86.4% · FY2025
- Bishop MuseumHonolulu, HI · revenue $28M · programs 56.9% · FY2025
- Grounds for SculptureHamilton, NJ · revenue $28M · programs 61.7% · 2025
All arts, culture & humanities charities · Largest charities in California
Questions people ask
How much of Asian Art Museum Foundation of San Francisco's spending goes to programs?
In the fiscal year ending June 30, 2025, Asian Art Museum Foundation of San Francisco reported that 68.2% of its $39.4 million in expenses went to program services, 22.8% to management and general and 9.0% to fundraising (Form 990, Part IX).
How much does Asian Art Museum Foundation of San Francisco pay its top executive?
The largest total compensation Asian Art Museum Foundation of San Francisco reported for one person in the fiscal year ending June 30, 2025 was $716,958, for the role of DIRECTOR & CEO (THRU 04/25) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Asian Art Museum Foundation of San Francisco get its money?
Of $28.1 million in revenue in the fiscal year ending June 30, 2025, 72.4% came from contributions and grants (including 40.4% from government grants) and 4.4% from program service revenue (Form 990, Part VIII).
Is Asian Art Museum Foundation of San Francisco a registered charity?
The IRS lists EIN 94-1704765 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 202601339349305250 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501329349303155 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441309349304524 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341299349302614 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201309349303265 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111329349305516 · read the filing
All filings for EIN 94-1704765: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.