Figge Art Museum

Nonprofit profile at a glance

EIN
426090398
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Davenport, IA, USA
Phone
5633267804
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Official website

Reported finances

Revenue
$4,727,979
Expenses
$6,167,240
Assets
$13,158,570
Liabilities
$739,440

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

Leadership & pay

22 people listed

Executive titles in this filing

  • ALEEZA SINGH (PRESIDENT)

Highest reported compensation

  • MELISSA MOHR (EXECUTIVE DI): $130,822 total reported compensation
  • TODD WOEBER (CFO): $120,276 total reported compensation

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

Overview

Mission

The figge art museum actively serves the public by promoting appreciation and creation of visual art through education and by collecting, conserving, and exhibiting art. As a vital, responsive institution, the museum brings art and people together. We enrich our community with the experience of art through education, collections, exhibitions and preservation and we endeavor to transform our community through the power of art.

What it reported doing in 2024

The figge's 2024-2025 exhibition highlights included: "walter wick: hidden wonders" the whimsical world of walter wick has fascinated people of all ages since 1991, when his first childrens book series i spy found its way onto the bookshelves of millions of american households. This exhibition is the largest survey of wicks work to date. Titled after his recent book, walter wick: hidden wonders the exhibition showcases fifty years of innovation, wonder, and imagination.d politics. "reckonings and reconstructions: southern photography from the do good fund" represents a survey of the art and artists within the do good funds collection. Providing a scholarly investigation of southern photography since world war ii, the collection highlights a wide-ranging group of photographersdiverse in gender, race, ethnicity, and regionin over one hundred photographs by more than sixty artists. "interstellar" will showcase nine works from light sculptor leo villareals nebula series. Using leds and custom software, villareal delves into the realms of space, time, and perception. His artistic practice belongs to a tradition that intertwines nature, technology, and human experience. The sculptures emit a hypnotic, diffused light, drawing inspiration from celestial imagery and capturing the dynamism of space through their interplay of colors and shapes. "prison fantasies" david alfaro siqueiross series of lithographs will be on loan from the deere & company collection for an intimate exhibition. Siqueiros (1896-1974) founded the modern school of mexican mural painting alongside his contemporaries diego rivera and jos clemente orozco. "cara and diego romero: tales of futures past" brings together artwork by acclaimed contemporary artists cara romero (chemehuevi) and diego romero (cochiti). Organized by the figge art museum, this nationally traveling exhibition features 18 of diego romeros thought-provoking pottery pieces and lithographs, 20 of cara romeros evocative photographs, including from her indigenous futurism series, and a new collaborative piece created exclusively for this exhibition. "the golden age: northern european works from the collection of the national gallery of art" this exhibition includes masterpieces by northern renaissance and baroque artists, including anthony van dyck, frans hals, and lucas cranach the elder, on loan from the national gallery of art in Washington, dc. As one of just 10 museums selected for the national gallerys across the nation initiative to share the nations collection with museums across the country. "future now: virtual sneakers to cutting-edge kicks" in partnership with the bata shoe museum and the american federation of arts, the exhibition showcases nearly 60 futuristic footwear designs redefining the possibilities of shoes. Blending fashion, gaming, architecture, and sustainability, the exhibition features designers like rem d. Koolhaas, zaha hadid, mr. Bailey, and salehe bembury, alongside collaborations with rick owens, stella mccartney, and playstation. Highlights include 3d-printed shoes, sneakers made from mushroom leather, and footwear designed for the metaverse. "future now" offers a glimpse into the innovative technologies and artistic practices shaping the future of footwear. "fever dreams: german expressionism" presents the work of artists active in europe during the early 20th century, including kthe kollwitz, arthur segal, and ludwig meidner, who put their inner visions to paper in defiance of tradition and political injustice. German expressionism began when a group of young artists sought to boldly interpret the world around them as an act of freedom and a political statement in opposition to the old, established forces.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The program-spending lines do not add up, so the filing cannot show reliably whether the nonprofit works directly or through others.

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: 78
  • Transparency & Controls: 92
  • Accountability: 100
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.4%; rating input score 95
  • Program expense ratio: 67.2%; rating input score 67
  • Fundraising efficiency: $7.79 raised per $1 spent on fundraising; rating input score 29; 29th 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: 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: -30.4%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 2.13; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 4.1%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: 6.2% per year; rating input score 100; 46th percentile among comparable filings
  • Revenue growth: 6.4% per year; rating input score 100; 51st percentile among comparable filings
  • Asset growth: 0.6% per year; rating input score 100; 14th percentile among comparable filings

Details

  • Where the money goes: 95.4% of revenue deployed · 67.2% of spending went to programs
  • Governance: 21 of 21 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $4.1M in reported program spending
  • Leadership: top reported pay $131K · 22 people listed
  • Highest-paid contractors: 1 contractor listed · $210K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 8 filed schedules · includes major donors
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 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 — Financial Efficiency: Fundraising efficiency scored 29/100.
  • High — Sustainability: Operating margin scored 4/100.