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Corporation of the Fine Arts Museums
Corporation of the Fine Arts Museums reported $53.3 million in revenue and $57.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $79.88 went to program services, $12.99 to management and general costs and $7.13 to fundraising. Its largest source of revenue was contributions and grants: 78.2% of the total. The highest compensation it reported for one person was $1,208,885 (DIRECTOR OF MUSEUMS AND CEO). 85 people received more than $100,000 in reportable compensation. Revenue rose 35% 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 $57MFor 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 $53MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.9% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.0% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 7.1% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.10 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 78.2% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 16.5% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $1,208,885 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.10% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 85 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 2.3 | 36.6 |
| Independent voting board members Part VI 1a–1b | 46 of 46 | 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 expenseExhibitions - cofam presented 20 exhibitions in the de young and legion of honor during fye june 30, 2025. The wide range of exhibitions reflects the encyclopedic nature of the museums and included: tamara de lempicka, isaac julien, paul mccartney photographs, mary cassatt at work, and wayne thiebaud. The museums welcomed 1,165,000 guests in fiscal 2025, a decrease of 3% over the prior year
Collections research, care and conservation - cofam's staff include curators, registrars and conservators who handle, research and care for the city's significant permanent collections housed and exhibited at the de young and legion of honor, as well as works borrowed from other institutions and private collections for special exhibitions. Care and research extend to a robust program of new acquisitions
Education and public programs - cofam offers an extensive array of education and public programs, including free saturdays, free school group visits and programming, and family programs. We partner with community groups, advisors and artists to create high quality and relevant programs. We also provide educational training, classroom materials and curricula, and support to art professionals, students, researchers, and teachers. Cofam continues to innovate its education and public programs to assure everyone feels welcome and comfortable at the museums, and able to access and digest…
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 OF MUSEUMS AND CEO Officer, 40.00 hrs/week | $847,037 | $286,881 | $74,967 | $1,208,885 |
| CHIEF FINANCIAL AND ADMIN OFFICER Officer, 40.00 hrs/week | $371,108 | $0 | $57,083 | $428,191 |
| CHIEF PHILANTHROPY OFFICER Key employee, 40.00 hrs/week | $312,264 | $0 | $25,003 | $337,267 |
| EXHIBITIONS AND COLLECTIONS OFFICER Key employee, 40.00 hrs/week | $282,019 | $0 | $29,766 | $311,785 |
| CHIEF OF STAFF AND STRATEGY Key employee, 40.00 hrs/week | $286,202 | $0 | $11,795 | $297,997 |
| CHIEF OF STAFF Officer, 40.00 hrs/week | $245,398 | $0 | $40,080 | $285,478 |
| CHIEF HUMAN RESOURCES OFFICER Highest compensated employee, 40.00 hrs/week | $217,650 | $0 | $62,353 | $280,003 |
| DISTINGUISHED SENIOR CURATOR Highest compensated employee, 40.00 hrs/week | $206,089 | $0 | $36,062 | $242,151 |
85 people received more than $100,000 in reportable compensation from Corporation of the Fine Arts Museums (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.6M (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–1b46 · 46 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 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 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5397
- Volunteers Part I, line 6375
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ONE RHYTHM LLC Direct mailing | $506,426 |
| CONTI TIPOCOLOR Books printing | $266,758 |
| MIKE WILLIAMS DRYWALL Drywall construction | $263,350 |
| MOSS ADAMS LLP Tax/audit services | $197,550 |
| SWINERTON BUILDERS Construction/repairs | $196,225 |
Individuals listed as contractors are left out. 11 contractors were paid more than $100,000 in all.
Private foundation grants it received
89 private foundations reported grants to Corporation of the Fine Arts Museums totaling $3.9M 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 Corporation of the Fine Arts Museums's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Corporation of the Fine Arts Museums, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Corporation of the Fine Arts Museums spent in FY2025, $79.88 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Cascade Public MediaSeattle, WA · revenue $53M · programs 70.2% · FY2025
- Walker Art CenterMinneapolis, MN · revenue $54M · programs 66.7% · FY2025
- National Trust for Local NewsBrighton, CO · revenue $53M · programs 96.6% · 2024
- PBS FoundationArlington, VA · revenue $54M · programs 89.3% · FY2025
- Oregon Shakespeare Festival AssociationAshland, OR · revenue $53M · programs 72.2% · FY2025
All arts, culture & humanities charities · Largest charities in California
Questions people ask
How much of Corporation of the Fine Arts Museums's spending goes to programs?
In the fiscal year ending June 30, 2025, Corporation of the Fine Arts Museums reported that 79.9% of its $57.5 million in expenses went to program services, 13.0% to management and general and 7.1% to fundraising (Form 990, Part IX).
How much does Corporation of the Fine Arts Museums pay its top executive?
The largest total compensation Corporation of the Fine Arts Museums reported for one person in the fiscal year ending June 30, 2025 was $1,208,885, for the role of DIRECTOR OF MUSEUMS AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Corporation of the Fine Arts Museums get its money?
Of $53.3 million in revenue in the fiscal year ending June 30, 2025, 78.2% came from contributions and grants and 16.5% from program service revenue (Form 990, Part VIII).
Is Corporation of the Fine Arts Museums a registered charity?
The IRS lists EIN 94-3045948 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 202611339349306916 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541339349309574 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401349349305310 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202342209349301029 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231319349306153 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141339349305524 · read the filing
All filings for EIN 94-3045948: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.