North Dakota Museum of Art
Nonprofit profile at a glance
- EIN
- 450386152
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Grand Forks, ND, USA
- Phone
- 7017774195
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Art Museums
Reported finances
- Revenue
- $2,077,420
- Expenses
- $2,364,805
- Assets
- $2,231,386
- Liabilities
- $524,508
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- AMY ROHLK (PRESIDENT)
- MATTHEW WALLACE (EXECUTIVE DIRECTOR)
Highest reported compensation
- MATTHEW WALLACE (EXECUTIVE DIRECTOR): $92,450 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 North Dakota museum of art, by legislative act, serves as the official art museum of the state of North Dakota. The museum's purpose is to foster and nurture the aesthetic life and artistic expression of the people living on the northern plains. The museum will provide experiences that please, enlighten and educate the child, the student and the broad general public. Specifically, the museum will research, collect, conserve and exhibit works of art. It will also develop programs in such related arts as performance, media arts and music.
What it reported doing in 2024
Advancing art education by conducting concert series, exhibitions, education, and conserving, collecting and exhibiting works of art.
Operating model
- Revenue model
- Donor-supported. 89% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
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: 85
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94%; rating input score 94
- Program expense ratio: 82.6%; rating input score 83
- Fundraising efficiency: $13.42 raised per $1 spent on fundraising; rating input score 47; 47th 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: 6 of 8 controls in place; rating input score 75
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -13.8%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.94; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 3.9%; rating input score 62; 62nd percentile among comparable filings
Growth
- Program expense growth: 5.2% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 4.3% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 6.5% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 94% of revenue deployed · 82.6% of spending went to programs
- Governance: 13 of 13 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $2M in reported program spending
- Leadership: top reported pay $92K · 14 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 10 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
- High — Sustainability: Operating margin scored 10/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.