Cincinnati Museum Association
Nonprofit profile at a glance
- EIN
- 310536653
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Cincinnati, OH, USA
- Phone
- 5136392925
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Art Museums
Reported finances
- Revenue
- $29,466,364
- Expenses
- $24,100,368
- Assets
- $325,524,430
- Liabilities
- $8,076,518
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
47 people listed
Executive titles in this filing
- BRUCE PETRIE JR (PRESIDENT)
- ANDREW QUINN (VICE PRESIDENT)
Highest reported compensation
- LEWIS CAMERON KITCHEN (DIRECTOR): $541,859 total reported compensation
- DAVE LINNENBERG (CHIEF ADMINISTRATIVE OFFICER): $243,986 total reported compensation
- CAROL EDMONDSON (CHIEF FINANCIAL OFFICER): $180,493 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Through the power of art, we contribute to a more vibrant cincinnati by inspiring its people and connecting our communities.
What it reported doing in 2024
The cincinnati art museum maintains and operates an art museum for the general public involving permanent exhibits, special exhibits and ongoing educational programs. Programs in fiscal year 2025 served 162 prekindergarden through 12th grade schools resulting in 21,651 students participating in educational programs. In total, the cincinnati art museum offered 709 public programs that served 30,228 individuals.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 60
- Accountability: 100
- Sustainability: 80
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84%; rating input score 84
- Program expense ratio: 78.6%; rating input score 79
- Fundraising efficiency: $12.73 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 14th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- 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: 18.2%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 13.51; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 88; 88th percentile among comparable filings
- Officer compensation ratio: 6.1%; rating input score 42; 42nd percentile among comparable filings
Growth
- Program expense growth: 6.2% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 3.7% per year; rating input score 100; 31st percentile among comparable filings
- Asset growth: 7.4% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 84% of revenue deployed · 78.6% of spending went to programs
- Governance: 40 of 40 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $18.9M in reported program spending
- Leadership: top reported pay $542K · 47 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $5.4M reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 10 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Moderate — Financial Efficiency: Fundraising efficiency scored 45/100.
- Moderate — Sustainability: Officer compensation ratio scored 42/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.