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Corporation of the FINE Arts Museums

Public charityFed auditsIRS 990
Other · SAN FRANCISCO, CA · EIN 94-3045948

About

The corporation of the FINE arts museums (cofam) is a nonprofit public benefit corporation formed in 1987 responsible to operate the DE young museum and the legion of honor and to raise and maintain funds for the museums' support. Cofam conducts this work on behalf of the FINE arts museum of SAN francisco (famsf), which is a charitable trust department of the city and county of SAN francisco (city). The city OWNS the land and buildings in which the museums operate, and most of the collections, and provides partial operating support through an annual appropriation for their care and maintenance. Cofam accomplishes the mission of famsf through exhibition of the permanent collections, special exhibitions, scholarly publications, education programs, care and research of the collections, and public programs.

Donations are tax-deductible
Category
Other
Employees
396
Volunteers
289

Financial Snapshot

FY ending 2023-06-30
Revenue
$54.3M
Expenses
$58.1M
Assets
$25.2M
Liabilities
$16.3M

Financial history

$62.4M$31.2M$0
1617181920212223
RevenueExpenses
Latest FY2023: $54.3M · Peak FY2019: $62.4M · Avg: $50.1M

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
$555K
Grants Given
CORPORATION OF THE FINE ARTS MUSEUMS
Your actions

Address

50 Hagiwara TEA Garden DR
SAN Francisco, CA, 94118-450

Governance

Voting board members43
Independent members43
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$4.7M
Net to org$3.9M
Retained by contractors$811K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.