Corporation of the Fine Arts Museums
79% goes to programs $8 to raise $100 Growing revenue
Corporation of the Fine Arts Museums is a 501(c)(3) organization based in San Francisco, California, registered in 1987, with $57,128,056 in FY2023 revenue. CharityIndex grades it A, and it directs about 79% of spending to programs.
50 Hagiwara Tea Garden Dr, San Francisco, CA, 94118 EIN 94-3045948 Since 1987
Revenue (FY2023)
$57.1M
▲ 5.3% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$53.1M
Net assets
$14.3M
Employees
382
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating79% to programs · $8 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Corporation of the Fine Arts Museums: 79% to programs · $8 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Corporation of the Fine Arts Museums: 3 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Corporation of the Fine Arts Museums: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Corporation of the Fine Arts Museums: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Provide a rich and diversified experience of art and culture.
What they do
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 information in a variety of ways. the museums offer free access to special exhibitions several times each year on access mondays reserved for visitors with disabilities. these programs serve over 200,000 visitors each year.
Support fine arts museums foundation. transfer to fine arts museums foundation.
Contact & location
- Address
- 50 Hagiwara Tea Garden Dr, San Francisco, CA, 94118
- City
- San Francisco
- State
- California
- Category
- Arts, Culture & Humanities
- Subcategory
- Alliances, Advocacy & Professional Societies
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $40.5M (FY2013) to $57.1M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $17.9MNet assets $14.3M
Operating margin
7.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$32.2M
Total liabilities
$17.9M
Net assets
$14.3M
Salaries & benefits
$32.9M
62% of expenses
Board members
47
47 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $57,128,056▲5.3% | $53,063,931▼8.6% | $14,270,575▲59.8% | $32,152,598▲27.5% | 990 |
| 2022 | $54,270,467▲5.7% | $58,086,414▲29.4% | $8,931,877▼17.3% | $25,223,757▲4.6% | 990 |
| 2021 | $51,320,559▲54.6% | $44,902,201▲26.2% | $10,800,749▲239% | $24,118,141▼4.7% | 990 |
| 2020 | $33,204,233▼15.9% | $35,584,335▼16.9% | $3,189,045▲1021% | $25,314,782▲3.5% | 990 |
| 2019 | $39,483,146▼36.8% | $42,796,366▼27.6% | $284,514▼96.3% | $24,448,284▲6.8% | 990 |
| 2018 | $62,436,696▲23.9% | $59,120,342▲42.7% | $7,708,118▲6.1% | $22,888,222▼7.1% | 990 |
| 2017 | $50,387,070▲12.4% | $41,415,997▼1.4% | $7,267,211▲235% | $24,642,767▲31.3% | 990 |
| 2016 | $44,825,425▲20.0% | $41,989,328▼3.7% | -$5,401,745▲50.7% | $18,769,704▲50.1% | 990 |
| 2015 | $37,360,365▲7.1% | $43,582,858▲14.4% | -$10,958,548▼803% | $12,503,876▼18.3% | 990 |
| 2014 | $34,882,536▼13.9% | $38,101,150▼5.5% | -$1,214,066▼145% | $15,311,804▼21.9% | 990 |
| 2013 | $40,525,012 | $40,304,342▲6.9% | $2,687,965▲3.4% | $19,600,932▼2.2% | 990 |
| 2012 | — | $37,709,381▲5.6% | $2,599,329▼10.0% | $20,034,080▼3.6% | 990 |
| 2011 | — | $35,700,292▼10.1% | $2,888,691▼63.5% | $20,785,321▼14.4% | 990 |
| 2010 | — | $39,723,518▲29.2% | $7,919,136▲197% | $24,281,274▲13.8% | 990 |
| 2009 | — | $30,747,706 | $2,665,635 | $21,339,785 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Thomas Campbell — $954,562 (1.80% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Thomas Campbell | Director of Museums | 40 | $954,562 |
| Jason Seifer | Chief Financial and Admin Officer | 40 | $347,995 |
| Karen Huang - Interim | Director of Development | 40 | $257,491 |
| Krista Brugnara - Chief | Exhibitions and Collections Officer | 40 | $247,043 |
| Megan A Bourne | Chief of Staff | 40 | $243,422 |
| Linda Butler - Dir of Mktg | Comms & Visitor Exp. (thru 04/24) | 40 | $218,704 |
| Christine Moss | Chief Human Resources Officer | 40 | $213,633 |
| Timothy Burgard | Distinguished Senior Curator | 40 | $208,226 |
| Gustavo Salas - Director | Of Facilities and Operations | 40 | $188,980 |
| Paul Peterson | Director of It | 40 | $188,605 |
| Patricia Buffa -director | Of Digital Strategy (thru 11/23) | 40 | $188,066 |
| Melissa Buron - Director | Of Curatorial Affairs (thru 04/24) | 40 | $171,002 |
| Danielle St Germain | Chief Philanthropy Officer | 40 | $160,830 |
| Aida M Alvarez | Trustee | 1 | — |
| Alexandria J Ashdown | Trustee | 1 | — |
| Austin Ligon | Trustee | 1 | — |
| Bakari Ayinde Adams | Trustee | 1 | — |
| Barbara Wolfe | Trustee | 1 | — |
| Bettina S Bryant | Trustee | 1 | — |
| Brenda Wright | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Mike Williams Drywall | Drywall Construction | $528,413 |
| One Rhythm LLC | Membership Marketing | $456,409 |
| The Museum Box LLC | Participation Fees | $284,146 |
| Moss Adams LLP | Tax/audit Services | $252,514 |
| Selldorf Architects LLC | Architect | $211,978 |
Grants received · $33.2M total
164 grants to Corporation of the Fine Arts Museums totaling $33.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Arts, culture | 2024 | $180,548 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Arts and culture | 2024 | $102,050 |
| Ayco Charitable Foundation | Arts and culture | 2024 | $86,000 |
| Silicon Valley Community Foundation | Arts & culture | 2024 | $80,549 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $50,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $16,400 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $12,500 |
| Impactassets Inc | General support | 2024 | $10,000 |
| Delta Dental of California | Bouquets to art sponsorship and corporate membership | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $7,474 |
| The Bessemer Giving Fund | General support | 2024 | $6,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $2,588,415 |
| Marin Community Foundation | Provide general operating support | 2023 | $2,528,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $1,969,960 |
| San Francisco Foundation | For achenbach foundation for graphic arts. support for the ancient arts council. in support of the san francisco fall show. in support of the delson endowment. for the sarah k. delson fellowship. for the irving penn exhibition. for japanese prints in transition. for general support. for general support and the sf fall show. for general support and membership. for future special exhibitions. | 2023 | $1,373,153 |
Grants made · $1.3M in FY2023
1 grant totaling $1.3M in FY2023. All grants made by Corporation of the Fine Arts Museums →
| Recipient | Purpose | Amount |
|---|---|---|
| Fine Arts Museums Foundation | Operational support | $1,323,227 |
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Frequently asked questions
- Is Corporation of the Fine Arts Museums a legitimate nonprofit?
- Yes. Corporation of the Fine Arts Museums is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-3045948, based in San Francisco, California. Donations are tax-deductible.
- What is Corporation of the Fine Arts Museums's EIN?
- Corporation of the Fine Arts Museums's Employer Identification Number (EIN) is 94-3045948.
- How much revenue does Corporation of the Fine Arts Museums report?
- Corporation of the Fine Arts Museums reported $57,128,056 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Corporation of the Fine Arts Museums's spending goes to programs?
- Corporation of the Fine Arts Museums spends about 79% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Corporation of the Fine Arts Museums have?
- CharityIndex grades Corporation of the Fine Arts Museums A, based on program efficiency and fundraising cost.
- How much does Corporation of the Fine Arts Museums's highest-paid employee make?
- The highest reported compensation on Corporation of the Fine Arts Museums's latest Form 990 is $954,562, paid to Thomas Campbell (Director of Museums).
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Data for Corporation of the Fine Arts Museums (EIN 94-3045948) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.