The Nelson Gallery Foundation

Nonprofit profile at a glance

EIN
446012977
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Kansas City, MO, USA
Phone
8167510417
Rating
86
Verdict
STRONG
Rating confidence
Standard
Sector
Art Museums

Official website

Reported finances

Revenue
$55,555,683
Expenses
$50,993,315
Assets
$611,458,414
Liabilities
$109,467,280

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

Leadership & pay

32 people listed

Executive titles in this filing

  • JULIAN ZUGAZAGOITIA (DIRECTOR/CEO)
  • AMANDA STONE (EXECUTIVE VICE PRESIDENT)
  • NICOLLE RATLIFF (VICE PRESIDENT, DEVELOPMENT)
  • TAMMY J BLUHM (VICE PRESIDENT, FINANACE /CFO)

Highest reported compensation

  • JULIAN ZUGAZAGOITIA (DIRECTOR/CEO): $981,080 total reported compensation
  • AMANDA STONE (EXECUTIVE VICE PRESIDENT): $274,250 total reported compensation
  • TAMMY J BLUHM (VICE PRESIDENT, FINANACE /CFO): $264,141 total reported compensation

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

Overview

Mission

See schedule o

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.
  • 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 assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 87
  • Accountability: 100
  • Sustainability: 70
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 70.5%; rating input score 70
  • Fundraising efficiency: $4.32 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 25th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 77th 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: 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: 8.2%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 11.99; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 72; 72nd percentile among comparable filings
  • Officer compensation ratio: 4.4%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 11th percentile among comparable filings
  • Revenue growth: 0.6% per year; rating input score 100; 7th percentile among comparable filings
  • Asset growth: -1.2% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 70.5% of spending went to programs
  • Governance: 26 of 26 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $35.9M in reported program spending
  • Leadership: top reported pay $981K · 32 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $3.8M reported
  • Consistency: 36 of 37 current checks pass · 1 finding to review
  • Schedules: 9 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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 17/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 21/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.