MUSICAL INSTRUMENT MUSEUM Charity Report

Public nonprofit record

MUSICAL INSTRUMENT MUSEUM

EIN 16-1743588 · Museums (A50)

What they do

THE MUSICAL INSTRUMENT MUSEUM (MIM) ENRICHES OUR WORLD BY COLLECTING, PRESERVING, and MAKING ACCESSIBLE AN ASTONISHING VARIETY of MUSICAL INSTRUMENTS and PERFORMANCE VIDEOS FROM EVERY COUNTRY IN THE WORLD. MIM OFFERS GUESTS A WELCOMING and FUN EXPERIENCE, INCOMPARABLE INTERACTIVE TECHNOLOGY, DYNAMIC PROGRAMMING, and EXCEPTIONAL MUSICAL PERFORMANCES. MIM FOSTERS APPRECIATION of THE WORLDS DIVERSE CULTURES BY SHOWING HOW WE INNOVATE, ADAPT, and LEARN FROM EACH OTHER to CREATE MUSIC - THE LANGUAGE of THE SOUL.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$41,100,797

Expenses$21,016,342

Annual surplus $20,084,455 Revenue was higher than expenses for this filing year.

Selected spending reported on the 990

Each amount is compared with total expenses separately. These categories can overlap, so they should not be added together as a pie chart.

Management and general$2,949,603 · 14.0% of expenses

Grants paid$1,528,827 · 7.3% of expenses

Reported executive compensation (total)$459,406 · 2.2% of expenses

Revenue$41,100,797

Expenses$21,016,342

Assets$199,605,235

Income$44,005,818

Contributions$26,620,531

Grants given$1,528,827

Average grant$2,498

Management and general$2,949,603

Executive compensation (total)$459,406

Stocks and bonds$110,322,598

Accounting fees$46,398

Investing fees$461,524

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CRAIG D CULYEXECUTIVE DIRECTOR/TREASURER · 40 hrs/week $268,857Base $235,125 · Other $33,732

MANUAL A JORDAN PEREZDEPUTY DIRECTOR & CHIEF CURATOR · 40 hrs/week $242,164Base $220,985 · Other $21,179

KIM PRITCHARDDIRECTOR OF HR (LEFT 9/2024) · 40 hrs/week $145,417Base $134,784 · Other $10,633

BRIAN DREDLACHIEF ENGAGEMENT OFFICER · 40 hrs/week $142,409Base $128,155 · Other $14,254

LACEY HAUSERRETAIL OPERATIONS DIRECTOR · 40 hrs/week $131,705Base $105,140 · Other $26,565

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

CRAIG D CULYEXECUTIVE DIRECTOR/TREASURER

MANUAL A JORDAN PEREZDEPUTY DIRECTOR & CHIEF CURATOR

KIM PRITCHARDDIRECTOR OF HR (LEFT 9/2024)

BRIAN DREDLACHIEF ENGAGEMENT OFFICER

LACEY HAUSERRETAIL OPERATIONS DIRECTOR

GAIL J DORNSECRETARY

JUSTIN KARIMDIRECTOR

ERIC BIEBERDIRECTOR (LEFT 11/2024)

BOB SMITHDIRECTOR (LEFT 7/2024)

MARC L FELIXDIRECTOR

RICHARD D BURNSDIRECTOR

RICHARD T BURKEVICE CHAIRMAN

ROBERT G MCMAHONDIRECTOR

ROBERT G WESTON JRCHAIRMAN

ROBERT J ULRICHDIRECTOR

STACIA ANDERSONDIRECTOR

TODD BLACKWELLDIRECTOR

About this charity

Recognized since: January 2025
Location: 4725 EAST MAYO BOULEVARD, PHOENIX, AZ 85050
County: Maricopa
In care of: CRAIG CULY
Primary officer: CRAIG CULY, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(480) 478-6000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Museums (A50)
IRS tax category: Museums
Grant-giving organization: Yes

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