The American Visionary Art Museum Inc
Nonprofit profile at a glance
- EIN
- 521608934
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Baltimore, MD, USA
- Phone
- 4102441900
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Art Museums
Reported finances
- Revenue
- $3,647,538
- Expenses
- $4,429,204
- Assets
- $11,954,343
- Liabilities
- $623,538
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Highest reported compensation
- DONNA KATRINIC (COO/CFO/INTERIM CO-ED): $142,064 total reported compensation
- VALERIE S WILLIAMS (DVELOPMENT DIRECTOR/INTERIM CO-ED): $133,821 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 american visionary art museum, inc. Is a congressionally designated national museum and education center for creative, intuitive and self-tutored artistry in all its manifestations. The museum is dedicated to the exhibition, study, collection, preservation, and promotion of visionary art and to increase the public's awareness, knowledge, and understanding of this manner of artistic expression and creative, compassionate thinking.
What it reported doing in 2024
Educational events and programs relating to the exhibition and educational goals and visionary art in general.
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.
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: 74
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 37
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.9%; rating input score 88
- Program expense ratio: 71.5%; rating input score 72
- Fundraising efficiency: $2.51 raised per $1 spent on fundraising; rating input score 7; 7th 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: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- 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: -21.4%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 2.7; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 70; 70th percentile among comparable filings
- Officer compensation ratio: 6.2%; rating input score 46; 46th percentile among comparable filings
Growth
- Program expense growth: 1% per year; rating input score 100; 17th percentile among comparable filings
- Revenue growth: 3.1% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: -0.1% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 87.9% of revenue deployed · 71.5% of spending went to programs
- Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $3.2M in reported program spending
- Leadership: top reported pay $142K · 13 people listed
- Highest-paid contractors: 1 contractor listed · $126K reported
- Consistency: 35 of 35 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 7/100.
- High — Sustainability: Operating margin scored 6/100.
- Review — Accountability: Governance controls: Document-retention policy not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 46/100.