Nonpartisan civic infrastructure
AllCiv·Legis1
·

Museum of FINE Arts

Public charityUnion (DOL)Fed auditsIRS 990990-T FY2023
Other · BOSTON, MA · EIN 04-2103607

About

The museum of FINE arts houses and preserves preeminent collections and aspires to serve a wide variety of people through direct encounters with works of art. The museum AIMS for the highest standards of quality in ALL its endeavors. It serves as a resource for both those who are already familiar with art and those for whom art is a new experience. Through exhibitions, programs, research and publications, the museum documents and interprets its own collections. It provides information and perspective on art through time and throughout the world. The museum holds its collections in trust for future generations. It assumes conservation as a primary responsibility, which requires constant attention to providing a proper environment for works of art and artifacts. Committed to its vast holdings, the museum nonetheless recognizes the need to identify and explore new and neglected areas of art. It seeks to acquire art of the past and present which is visually significant and educationally meaningful. The museum has obligations to the people of boston and new england, across the nation and abroad. It celebrates diverse cultures and welcomes new and broader constituencies. The museum is a place in which to see and to learn. It stimulates in its visitors a sense of pleasure, pride and discovery, which provides aesthetic challenges and leads to a greater cultural awareness and discernment. The museum creates educational opportunities for visitors and accommodates a wide range of experiences and learning styles. The museum's ultimate AIM is to encourage inquiry and to heighten public understanding and appreciation of the visual world.

Donations are tax-deductible
Category
Other
Employees
809
Volunteers
350

Financial Snapshot

FY ending 2023-06-30
Revenue
$99.6M
Expenses
$123.3M
Assets
$1.4B
Liabilities
$163.8M

Financial history

$177.3M$88.6M$0
1617181920212223
RevenueExpenses
Latest FY2023: $99.6M · Peak FY2019: $177.3M · Avg: $136.1M

Foreign activity (Schedule F)

Total spent abroad$266.0M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARRIBEAN
EUROPE (INCLUDING ICELAND & GREENLAND)
MUSEUM OF FINE ARTS
Your actions

Address

465 Huntington AVE
Boston, MA, 02115-552

Governance

Voting board members42
Independent members42
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

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

Financial detail (Schedule D)

Board-designated %8.7%
Permanent endowment %45.1%
Endowment held by related orgNo
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.