The mission of the cleveland museum of art (CMA) is to fulfill its DUAL roles as one of the world's most distinguished comprehensive art museums and as one of northeastern OHIO's principal civic and cultural institutions. The museum, established in 1913 "for the benefit of ALL the people forever," * seeks to bring the pleasure and meaning of art to the broadest possible audience in accordance with the highest aesthetic, intellectual and professional standards. Toward this END the museum augments, preserves, exhibits and fosters understanding of the outstanding collections of world art it holds in trust for the public and presents complementary exhibitions and programs. The cleveland museum of art embraces its leadership role in collecting, scholarship, education and community service. (* j.h. WADE II, ACT of conveyance of land to be used for the CMA.)
In care of Finance/hr
Donations are tax-deductible
Category
Other
Employees
577
Volunteers
500
Financial Snapshot
FY ending 2023-06-30
Revenue
$102.9M
Expenses
$68.7M
Assets
$1.2B
Liabilities
$104.4M
Financial history
$102.9M$51.5M$0
1617181920212223
RevenueExpenses
Latest FY2023: $102.9M · Avg: $69.1M
501(h) election
This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.
Political & Grant Activity
Campaign Spending
—
Lobbying
$80K
Grants Given
—
CLEVELAND MUSEUM OF ART
Your actions
Address
11150 EAST BLVD
Cleveland, OH, 44106-171
Governance
Voting board members39
Independent members37
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsYes
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Financial detail (Schedule D)
Board-designated %13.0%
Permanent endowment %50.0%
Endowment held by related orgYes
Fundraising activity (Schedule G)
Uses professional fundraisersYes
Gross fundraising receipts$0
Net to org-$15K
Retained by contractors$15K
ChannelsMail · Phone · Email · In-person · Grant solicitation