Fort Worth Modern Art Museum Assoc is a 501(c)(3) organization based in Fort Worth, Texas, registered in 1990, with $4,420,000 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$4.4M
▲ 4811.1% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$156K
Net assets
$4.7M
Employees
—
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. Not scored for Fort Worth Modern Art Museum Assoc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Fort Worth Modern Art Museum Assoc: 364 mo reserves · +96% margin earns a B+ on this criterion. See the exact thresholds →
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. Not scored for Fort Worth Modern Art Museum Assoc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Fort Worth Modern Art Museum Assoc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $199K (FY2013) to $4.4M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
96.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.9M
Total liabilities
$140K
Net assets
$4.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,420,000▲4811% | $155,922▲29.7% | $4,724,707▲926% | $4,864,661▲916% | 990 |
| 2022 | $90,000▼14.3% | $120,198▲1.0% | $460,629▼6.2% | $478,629▼5.7% | 990 |
| 2021 | $105,000▼10.3% | $118,978▼8.5% | $490,827▼2.8% | $507,827▼2.7% | 990 |
| 2020 | $117,000▲23.2% | $130,028▲17.1% | $504,805▼2.5% | $521,805▼2.4% | 990 |
| 2019 | $95,000▼20.8% | $110,996▼29.1% | $517,833▼3.0% | $534,833▼2.9% | 990 |
| 2018 | $120,000▲50.0% | $156,481▲28.8% | $533,829▼6.4% | $550,829▼6.4% | 990 |
| 2017 | $80,000 | $121,514▼4.0% | $570,310▼6.8% | $588,310▼6.6% | 990 |
| 2016 | $80,000▼35.0% | $126,569▲8.8% | $611,824▼7.1% | $629,824▼6.7% | 990 |
| 2015 | $123,000▲53.3% | $116,325▼3.8% | $658,393▲1.0% | $675,393▲1.1% | 990 |
| 2014 | $80,227▼59.7% | $120,872▼35.3% | $651,718▼5.9% | $667,718▼5.7% | 990 |
| 2013 | $198,966 | $186,922▲61.8% | $692,363▲1.8% | $708,363▲1.7% | 990 |
| 2012 | — | $115,513▲6.7% | $680,319▲9.0% | $696,319▲8.7% | 990 |
| 2011 | — | $108,225 | $624,318 | $640,318 | 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.
30 grants to Fort Worth Modern Art Museum Assoc totaling $330K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of North Texas | For general operating, director's discretionary fund, requested by kim darden | 2024 | $10,000 |
| Community Foundation of North Texas | For general purposes, director's discretionary fund requested by kim darden | 2023 | $10,000 |
| Community Foundation of North Texas | For general purposes, director's discretionary fund requested by kim darden | 2023 | $10,000 |
| Community Foundation of North Texas | For the general fund. attention: amy riley, assistant to the director at the modern | 2022 | $100,000 |
| Community Foundation of North Texas | For the director's discretionary fund. grant recommended by kim darden | 2022 | $10,000 |
| Community Foundation of North Texas | For director's discretionary fund | 2021 | $10,000 |
| Community Foundation of North Texas | For director's discretionary fund. this was recommended by kim darden | 2020 | $10,000 |
| Community Foundation of North Texas | For general purposes | 2020 | $1,575 |
| Community Foundation of North Texas | Director's discretionary fund, in honor of kim darden | 2019 | $10,000 |
| Community Foundation of North Texas | For general purposes | 2019 | $5,000 |
| Community Foundation of North Texas | For general purposes | 2019 | $1,575 |
| Community Foundation of North Texas | For general purposes, in memory of our parents mary ryan & john h. wilson ii | 2018 | $54,000 |
| Community Foundation of North Texas | In which $10,000 for the endowment campaign, in honor of kim darden; $10,000 for director's discretionary fund, in honor of marla price | 2018 | $20,000 |
| Community Foundation of North Texas | For general purposes - no benefits | 2018 | $5,000 |
| Community Foundation of North Texas | For general purposes | 2018 | $1,575 |
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Data for Fort Worth Modern Art Museum Assoc (EIN 75-2307639) 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.