BALTIMORE MUSEUM OF ART Charity Report

Public IRS 990 nonprofit record

BALTIMORE MUSEUM OF ART

EIN 52-6000162 · Arts, Culture & Humanities (A510)

What they do

THE BALTIMORE MUSEUM of ART CONNECTS ART to BALTIMORE and BALTIMORE to THE WORLD, (SEE SCH. O) EMBODYING A COMMITMENT to ARTISTIC EXCELLENCE and SOCIAL EQUITY IN EVERY DECISION FROM ART PRESENTATION, INTERPRETATION, and COLLECTING, to THE COMPOSITION of OUR BOARD of TRUSTEES, STAFF, and VOLUNTEERS - CREATING A MUSEUM WELCOMING to ALL.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $78.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders46 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

60.49%of revenue went to mission work78.6% of expenses · Program services

4.78%of revenue went to fundraising6.2% of expenses

$76.93spent for every $100 of revenueRevenue covered expenses this year.

11.66%of revenue went to management and office costs15.2% of expenses

$9.11in assets for every $1 spent this yearSome assets cannot be spent right away.

50.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $415,656 for ASMA NAEEM (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

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.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$31,764,477

Mission workProgram services$19,214,98660.49% of revenue78.6% of expenses

ManagementOffice and general costs$3,703,44211.66% of revenue15.2% of expenses

FundraisingAsking for donations$1,517,8954.78% of revenue6.2% of expenses

Revenue left after expensesReported annual surplus$7,328,15423.07% of revenueShown in gray on the chart

Total expenses$24,436,32376.93% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 78.6% mission · 15.2% management · 6.2% fundraisingTotal expenses: 76.93% of revenue

2023Expense mix: 81.8% mission · 14.5% management · 3.7% fundraisingTotal expenses: 102.01% of revenue

2022Expense mix: 91.6% mission · 5.6% management · 2.8% fundraisingTotal expenses: 150.38% of revenue

2021Expense mix: 79.4% mission · 15.5% management · 5.1% fundraisingTotal expenses: 60.14% of revenue

2020Expense mix: 85.5% mission · 10.7% management · 3.8% fundraisingTotal expenses: 80.97% of revenue

2019Expense mix: 82.3% mission · 12.9% management · 4.7% fundraisingTotal expenses: 58.94% of revenue

2018Expense mix: 82.6% mission · 11.8% management · 5.6% fundraisingTotal expenses: 50.63% of revenue

2017Expense mix: 87.1% mission · 8.3% management · 4.6% fundraisingTotal expenses: 65.16% of revenue

Money in and money out

Revenue$31,764,477

Expenses$24,436,323

Annual surplus $7,328,154 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$19,214,986 · 78.6% of expenses

Management and office costs$3,703,442 · 15.2% of expenses

Fundraising$1,517,895 · 6.2% of expenses

See all reported dollar amounts

Revenue$31,764,477

Expenses$24,436,323

Assets$222,677,637

Income$37,024,967

Contributions$16,064,569

Mission work (program services)$19,214,986

Fundraising$1,517,895

Management and general$3,703,442

Executive compensation (total)$647,693

Stocks and bonds$65,018,337

Accounting fees$105,725

Investing fees$369,129

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

ASMA NAEEMEXECUTIVE DIRECTOR · 40 hrs/week $415,656Base $411,428 · Other $4,228

CHRISTINE BONANNOCHIEF OPERATING OFFICER · 40 hrs/week $311,471Base $254,655 · Other $56,816

ELIZABETH CALLIHANCHIEF EDUCATION OFFICER · 40 hrs/week $192,683Base $162,409 · Other $30,274

KIMBERLY BOUNTRESSSENIOR DIRECTOR OF HUMAN RESOURCES · 40 hrs/week $191,912Base $153,911 · Other $38,001

KEVIN TERVALACHIEF CURATOR · 40 hrs/week $182,299Base $162,275 · Other $20,024

STACEY HUBBARDSENIOR DIRECTOR OF FINANCE · 40 hrs/week $178,917Base $129,041 · Other $49,876

KATHERINE ROTHKOPFDIR, CTR FOR MATISSE STUDIES · 40 hrs/week $169,763Base $124,679 · Other $45,084

BEYZA AKCAMDIR OF INFO TECHNOLOGY · 40 hrs/week $168,609Base $120,197 · Other $48,412

JESSICA NOVAKSR DIR, CONTENT STRATEGY & PUBS · 40 hrs/week $163,219Base $117,188 · Other $46,031

ANNA LINCOLN WHITEHURSTSR. DIRECTOR OF ADVANCEMENT · 40 hrs/week $162,271Base $125,654 · Other $36,617

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 (46)

ASMA NAEEMEXECUTIVE DIRECTOR

CHRISTINE BONANNOCHIEF OPERATING OFFICER

ELIZABETH CALLIHANCHIEF EDUCATION OFFICER

KIMBERLY BOUNTRESSSENIOR DIRECTOR OF HUMAN RESOURCES

KEVIN TERVALACHIEF CURATOR

STACEY HUBBARDSENIOR DIRECTOR OF FINANCE

KATHERINE ROTHKOPFDIR, CTR FOR MATISSE STUDIES

BEYZA AKCAMDIR OF INFO TECHNOLOGY

JESSICA NOVAKSR DIR, CONTENT STRATEGY & PUBS

ANNA LINCOLN WHITEHURSTSR. DIRECTOR OF ADVANCEMENT

LORI N JOHNSONTRUSTEE

LYNN SELBYTRUSTEE

MARK SAUDEKTRUSTEE

MICHAEL SHERMANTRUSTEE

PAUL OOSTBURG SANZTREASURER

NANCY HACKERMANTRUSTEE

NUPUR PAREKH FLYNNTRUSTEE

PAMELA HOEHN-SARICSECRETARY

PATRICIA LASHERVICE PRESIDENT

JOHN WATERSTRUSTEE

SAM CALLARDTRUSTEE

SHARON BUTLERTRUSTEE

SHEELA MURTHYTRUSTEE

SHERRILYN IFILLTRUSTEE

STEVEN K PULIMOODVICE PRESIDENT

STUART O SIMMSTRUSTEE

VIRGINIA ADAMSTRUSTEE

ELIZABETH J HURWITZVICE CHAIR

AMY GOULDVICE PRESIDENT

ANNE L STONETRUSTEE

ANTOINETTE PEELETRUSTEE

BEVERLY BENTLEY CARROLLTRUSTEE

CLAIR ZAMOISKI SEGALIMMEDIATE PAST CHAIR

DARIUS GRAHAMVICE CHAIR

DAVID W WALLACE PEVICE PRESIDENT

DERRICK ADAMSTRUSTEE

DIVESH GUPTATRUSTEE

KIM MUMBY GREENTRUSTEE

ELLEN R DAMEVICE PRESIDENT

GEORGE MCCULLOCHTRUSTEE

GEORGE PETROCHEILOSTRUSTEE

JAMES D THORNTONCHAIR

JOANNE GOLDTRUSTEE

JOHN MEYERHOFFVICE PRESIDENT

AMY ELIASTRUSTEE

KATE SCHULZEVICE PRESIDENT

About this charity

Recognized since: January 1935
Location: 10 ART MUSEUM DR, BALTIMORE, MD 21218-3898
County: Baltimore (city)
In care of: % WADE NIEBERLEIN
Primary officer: CHRISTINE DIETZE BONANNO, CHIEF OPERATING OFFICER

How to reach them

WebsiteVisit the charity’s website EmailEuropean@artbma.org Phone(443) 573-1849

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: RSM US LLP
NTEE classification: Arts, Culture & Humanities (A510)
IRS tax category: Museums