Philadelphia Museum of Art

What it reported doing in 2024

Exhibitions, curatorial, and collections(see schedule o for additional information)since our founding at the 1876 centennial exhibition, pma has accumulated one of the world's leading art collections with 245,000 works spanning 4,000 years. Highlights of the collection include:- the world's largest and most important collection of works by marcel duchamp.- the greatest collection of sculpture by constantin brancusi outside europe.- the finest public collection of auguste rodin's sculpture in the united states.- superb impressionist and post-impressionist paintings, including paul cezanne's the large bathers, vincent van gogh's sunflowers, and important paintings by edouard manet, claude monet, pierre-auguste renoir, camille pissarro, and edgar degas.- exceptional american painting, sculpture, furniture, silver, and ceramics-including the remarkable creations of the shakers and Pennsylvania germans that reflect philadelphia's central role in american history.- extraordinary period rooms and architectural ensembles from around the world.the museum's landmark main building opened in 1928 at the western end of the benjamin franklin parkway. Other buildings that make up the campus include the perelman building, the rodin museum, and the two great eighteenth century houses in fairmount park, mount pleasant, and cedar grove.in fiscal year 2025, the museum presented over 20 exhibitions and collections installations in the galleries, including: the time is always now: artist reframe the black figure (november 9, 2024 to february 9, 2025); boom: art and design in the 1940s (april 12 to september 1, 2025); begin again: repetition in contemporary art (september 7 to december 30, 2024); christina ramberg: a retrospective (february 8 to june 1, 2025); a dialog or a dance: portraits in collaboration (july 27 to december 30, 2024); staged: studio photographs from the collection (january 18 to july 13, 2025); what times are these? (october 19, 2024 to march 16, 2025); el anatsui: site specific installation (october 19, 2024 to may 16, 2027) naoto fukasawa: things in themselves (december 13, 2024 to april 20, 2025); informal moments: portraits from photography's first decade (november 16, 2024 to april 13, 2025); splash: bathers and beachgoers (april 19 to november 17, 2025); visions of the land in edo japan (august 8, 2024 to january 13, 2025); wanda gag: art for life's sake (january 23 to july 21, 2025); firing the imagination: japanese influence on french ceramics, 1860-1910 (august 31, 2024 to august 17, 2025); pauline boudry/renate lorenz: moving backwards (may 24 to september 28, 2025); head to toe: african and asian wearables from the ira and myrna brind collection (may 9 to january 19, 2025); framed: european picture frames from the johnson collection 1500-1900 (december 21, 2024 to april 20, 2026); visions of the land in japan (june 14, 2025 to april 20, 2026); and gary simmons: desert blizzard (september 20, 2024 to january 5, 2026). In fiscal year 2025, the museum published boom: art and design in the 1940s.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 75.8%; rating input score 76
• Fundraising efficiency: $7.17 raised per $1 spent on fundraising; rating input score 32; 32nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 95%; rating input score 95; 34th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • 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: 98.5%; rating input score 99; 54th percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • 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: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 11.2%; rating input score 75; 75th percentile among comparable filings
• Total-asset coverage ratio: 14.31; rating input score 94; 94th percentile among comparable filings
• Liabilities to assets ratio: 0.07; rating input score 87; 87th percentile among comparable filings
• Officer compensation ratio: 3.8%; rating input score 28; 28th percentile among comparable filings

Growth

• Program expense growth: 1.8% per year; rating input score 100; 14th percentile among comparable filings
• Revenue growth: 1.5% per year; rating input score 100; 11th percentile among comparable filings
• Asset growth: 4.1% per year; rating input score 100; 28th percentile among comparable filings