Dubuque Museum of Art

Nonprofit profile at a glance

EIN
421071185
IRS 990 coverage
2012–2023
Forms available
Form 990 2023, Form 990-T 2023
Location
Dubuque, IA, USA
Phone
5635571851
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$1,348,188
Expenses
$1,376,873
Assets
$5,966,859
Liabilities
$410,808

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

31 people listed

Executive titles in this filing

  • ROBERT WETHAL (VICE PRESIDENT)
  • ANDREW BUTLER (PRESIDENT)
  • EMILY DUEHR (VICE PRESIDENT)
  • GARY STOPPELMAN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • GARY STOPPELMAN (EXECUTIVE DIRECTOR): $128,031 total reported compensation
  • EMMA STAPLETON (DEVELOPMENT DIRECTOR): $114,820 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To excite, engage & educate constituents through the presentation of collections, exhibitions, and programming; to form mutually beneficial partnerships that will enhance the role of the arts within the community.

What it reported doing in 2023

Art shows - provided to the general public to inspire and promote creativity and knowledge of the arts by aspiring artists. Shows provide a gallery for artists and critics to express themselves to the community.

Operating model

Revenue model
Donor-supported. 79% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.7%; rating input score 67
  • Program expense ratio: 62.6%; rating input score 63
  • Fundraising efficiency: $4.77 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2.1%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 4.33; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 17.6%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 8.9% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 7.8% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 53rd percentile among comparable filings

Details

  • Where the money goes: 66.7% of revenue deployed · 62.6% of spending went to programs
  • Governance: 24 of 24 board members independent · 5 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $861K in reported program spending
  • Leadership: top reported pay $128K · 31 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 11 filing years from 2012 to 2023
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Financial Efficiency: Fundraising efficiency scored 17/100.
  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.