Amon Carter Museum of American Art

Nonprofit profile at a glance

EIN
751077979
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
Fort Worth, TX, US
Phone
817.738.1933
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Art Museums

Official website

Reported finances

Revenue
$19,730,899
Expenses
$20,840,884
Assets
$97,694,884
Liabilities
$4,099,543

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • KAREN JOHNSON HIXON (PRESIDENT)
  • MARK L JOHNSON (VICE-PRESIDENT)
  • ANDREW J WALKER (EXECUTIVE DIRECTOR (THRU 8/25))

Highest reported compensation

  • ANDREW J WALKER (EXECUTIVE DIRECTOR (THRU 8/25)): $461,470 total reported compensation
  • SCOTT A WILCOX (COO/CFO): $418,925 total reported compensation
  • ANDREW ESCHELBACHER (DIRECTOR OF COLLECTIONS AND EXHIBITIONS): $215,604 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To collect, preserve, and exhibit the finest examples of American art, with a particular focus on the art of the American West, and to make its collection accessible to the public as a cultural treasure of Fort Worth.

What it reported doing in 2024

Education and community outreach: the carter museum welcomes visitors of all ages and abilities and is committed to helping visitors enjoy its exhibitions and collection of american art through accessible facilities, events, and inclusive experiences. Partnerships and collaborations within the community extend beyond traditional museum activities and occur outside of the museum to create meaningful, creative connections between diverse communities and the museum's collection. Education is central to the museum's mission and service to the community. Regular program offerings at the carter and in the community include: - monthly family programs serving ages 0-12. - special family and community events (continued on schedule o...)during spring break, summer, and throughout the year.- bilingual, prek-12 guided student tours led by professional gallery teachers that serve nearly 20,000 students annually.- educator training workshops, distance learning broadcasts, and carter in the classroom educational experiences.- lectures, special tours, musical and cultural performances, artmaking workshops, and other social and creative opportunities inspired by the collection and exhibitions.- accessible programs for people with autism spectrum disorders; people with alzheimer's disease; individuals with cognitive and/or physical disabilities; and people with low or no vision.-community-based art education programs offered in community centers and with youth-serving organizations.

Operating model

Revenue model
Affiliate-supported. 65% of the money available for current operations came from contributions from related organizations.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 83
  • Accountability: 89
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.8%; rating input score 82
  • Program expense ratio: 70.6%; rating input score 71
  • Fundraising efficiency: $11.69 raised per $1 spent on fundraising; rating input score 42; 42nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 81.2%; rating input score 81; 16th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -5.6%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 4.69; rating input score 84; 84th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 85; 85th percentile among comparable filings
  • Officer compensation ratio: 10.1%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 5.4% per year; rating input score 100; 45th percentile among comparable filings
  • Revenue growth: 3.2% per year; rating input score 100; 27th percentile among comparable filings
  • Asset growth: 6.8% per year; rating input score 100; 48th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 81.8% of revenue deployed · 70.6% of spending went to programs
  • Governance: 13 of 16 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $14.7M in reported program spending
  • Leadership: top reported pay $461K · 25 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4.6M reported
  • Consistency: 37 of 37 current checks pass
  • Schedules: 9 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 42/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Officer compensation ratio scored 20/100.