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Phoenix Art Museum

Public charityFed auditsIRS 990990-T FY2023
Other · PHOENIX, AZ · EIN 86-0072608

About

Phoenix art museum is a vibrant destination connecting people to great art from around the world to enrich their lives and communities. This vision is supported by four strategic pillars which are: (continued on schedule o)1. Exceptional art - to celebrate the highest quality visual artthrough outstanding exhibitions, acquisitions and collectionstewardship.2. Enrichment and learning - to create a nationally recognized modelfor enhancing experience of the visual arts through interpretation,engaged learning, and enrichment.3. Broad audience - to attract the broadest possible audience to themuseum as consistent and enthusiastic participants.4. Fiscal stability and organizational excellence - to achieve andmaintain a strong financial foundation.

Donations are tax-deductible
Category
Other
Employees
197
Volunteers
200

Financial Snapshot

FY ending 2023-06-30
Revenue
$10.3M
Expenses
$11.9M
Assets
$11.1M
Liabilities
$2.4M

Financial history

$14.9M$7.4M$0
1617181920212223
RevenueExpenses
Latest FY2023: $10.3M · Peak FY2022: $14.9M · Avg: $12.1M
PHOENIX ART MUSEUM
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Address

1625 N Central AVE
Phoenix, AZ, 85004-164

Governance

Voting board members44
Independent members44
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

Financial detail (Schedule D)

Board-designated %4.6%
Permanent endowment %95.4%
Endowment held by related orgYes
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
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