CORPORATION OF THE FINE ARTS MUSEUMS Charity Report

Public IRS 990 nonprofit record

CORPORATION OF THE FINE ARTS MUSEUMS

EIN 94-3045948 · Arts, Culture & Humanities (A035)

What they do

THE CORPORATION of THE FINE ARTS MUSEUMS (COFAM) is A NONPROFIT PUBLIC BENEFIT CORPORATION FORMED IN 1987 RESPONSIBLE to OPERATE THE DE YOUNG MUSEUM and THE LEGION of HONOR and to RAISE and MAINTAIN FUNDS for THE MUSEUMS SUPPORT. COFAM CONDUCTS THIS WORK ON BEHALF of THE FINE ARTS MUSEUM of SAN FRANCISCO (FAMSF), WHICH is A CHARITABLE TRUST DEPARTMENT of THE CITY and COUNTY of SAN FRANCISCO (CITY). THE CITY OWNS THE LAND and BUILDINGS IN WHICH THE MUSEUMS OPERATE, and MOST of THE COLLECTIONS, and PROVIDES PARTIAL OPERATING SUPPORT THROUGH AN ANNUAL APPROPRIATION for THEIR CARE and MAINTENANCE. COFAM ACCOMPLISHES THE MISSION of FAMSF THROUGH EXHIBITION of THE PERMANENT COLLECTIONS, SPECIAL EXHIBITIONS, SCHOLARLY PUBLICATIONS, EDUCATION PROGRAMS, CARE and RESEARCH of THE COLLECTIONS, and PUBLIC PROGRAMS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.90 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 leaders62 people are listed in the latest report.

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

Money made simple

86.10%of revenue went to mission work79.9% of expenses · Program services

7.68%of revenue went to fundraising7.1% of expenses

$107.79spent for every $100 of revenueSpending was higher than revenue this year.

14.00%of revenue went to management and office costs13.0% of expenses

$0.49in assets for every $1 spent this yearSome assets cannot be spent right away.

78.2%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.

Worth asking: Expenses exceeded revenue by $4,152,236 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $922,004 for THOMAS CAMPBELL (DIRECTOR OF MUSEUMS AND CEO). 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$53,329,543

Mission workProgram services$45,918,48986.10% of revenue79.9% of expenses

ManagementOffice and general costs$7,465,41114.00% of revenue13.0% of expenses

FundraisingAsking for donations$4,097,8797.68% of revenue7.1% of expenses

Total expenses$57,481,779107.79% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 79.9% mission · 13.0% management · 7.1% fundraisingTotal expenses: 107.79% of revenue

2023Expense mix: 79.1% mission · 13.7% management · 7.2% fundraisingTotal expenses: 92.89% of revenue

2022Expense mix: 79.9% mission · 13.0% management · 7.2% fundraisingTotal expenses: 107.03% of revenue

2021Expense mix: 77.0% mission · 13.8% management · 9.2% fundraisingTotal expenses: 87.49% of revenue

2020Expense mix: 79.7% mission · 13.7% management · 6.7% fundraisingTotal expenses: 107.17% of revenue

2019Expense mix: 79.4% mission · 12.3% management · 8.3% fundraisingTotal expenses: 108.39% of revenue

2018Expense mix: 83.2% mission · 10.5% management · 6.3% fundraisingTotal expenses: 94.69% of revenue

2017Expense mix: 76.2% mission · 13.9% management · 9.9% fundraisingTotal expenses: 82.20% of revenue

Money in and money out

Revenue$53,329,543

Expenses$57,481,779

Annual shortfall $4,152,236 Expenses were higher than revenue 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)$45,918,489 · 79.9% of expenses

Management and office costs$7,465,411 · 13.0% of expenses

Fundraising$4,097,879 · 7.1% of expenses

See all reported dollar amounts

Revenue$53,329,543

Expenses$57,481,779

Assets$28,208,594

Income$58,268,723

Contributions$41,683,139

Mission work (program services)$45,918,489

Fundraising$4,097,879

Grants given$23,518,919

Average grant$3,359,846

Management and general$7,465,411

Executive compensation (total)$1,751,257

Accounting fees$154,880

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

THOMAS CAMPBELLDIRECTOR OF MUSEUMS AND CEO · 40 hrs/week $922,004Base $847,037 · Other $74,967

JASON SEIFERCHIEF FINANCIAL AND ADMIN OFFICER · 40 hrs/week $428,191Base $371,108 · Other $57,083

DANIELLE STGERMAINCHIEF PHILANTHROPY OFFICER · 40 hrs/week $337,267Base $312,264 · Other $25,003

KRISTA BRUGNARA - CHIEFEXHIBITIONS AND COLLECTIONS OFFICER · 40 hrs/week $311,785Base $282,019 · Other $29,766

LISA GROVECHIEF OF STAFF AND STRATEGY · 40 hrs/week $297,997Base $286,202 · Other $11,795

MEGAN A BOURNECHIEF OF STAFF · 40 hrs/week $285,478Base $245,398 · Other $40,080

CHRISTINE MOSSCHIEF HUMAN RESOURCES OFFICER · 40 hrs/week $280,003Base $217,650 · Other $62,353

TIMOTHY BURGARDDISTINGUISHED SENIOR CURATOR · 40 hrs/week $242,151Base $206,089 · Other $36,062

GUSTAVO SALAS - DIRECTOROF FACILITIES AND OPERATIONS · 40 hrs/week $218,360Base $190,298 · Other $28,062

MEGHAN MCCAULEY - SENIOR DIRECTOROF MEMBERSHIP AND INDIVIDUAL GIVING · 40 hrs/week $216,824Base $193,470 · Other $23,354

PAUL PETERSONDIRECTOR OF INFORMATION TECHNOLOGY · 40 hrs/week $210,552Base $193,618 · Other $16,934

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 (62)

THOMAS CAMPBELLDIRECTOR OF MUSEUMS AND CEO

JASON SEIFERCHIEF FINANCIAL AND ADMIN OFFICER

DANIELLE STGERMAINCHIEF PHILANTHROPY OFFICER

KRISTA BRUGNARA - CHIEFEXHIBITIONS AND COLLECTIONS OFFICER

LISA GROVECHIEF OF STAFF AND STRATEGY

MEGAN A BOURNECHIEF OF STAFF

CHRISTINE MOSSCHIEF HUMAN RESOURCES OFFICER

TIMOTHY BURGARDDISTINGUISHED SENIOR CURATOR

GUSTAVO SALAS - DIRECTOROF FACILITIES AND OPERATIONS

MEGHAN MCCAULEY - SENIOR DIRECTOROF MEMBERSHIP AND INDIVIDUAL GIVING

PAUL PETERSONDIRECTOR OF INFORMATION TECHNOLOGY

LYNN ANDERSON POOLETREASURER (AS OF 10/24), TRUSTEE

MICHAEL LINNTRUSTEE

LUCY YOUNG HAMILTONTRUSTEE

LORNA F MEYERTRUSTEE

LISA ZANZETRUSTEE

LESHELLE MAYTRUSTEE

LAURA SCHERTRUSTEE

KATHERINE HARBIN CLAMMERTRUSTEE

KARESHA MCGEETRUSTEE

MARVIN TSEUTRUSTEE

MAX BOYER GLYNNTRUSTEE

JEFFREY SAPERTRUSTEE

PAUL A VIOLICHTRUSTEE

REBECCA REEVE HENDERSONTRUSTEE

RICHARD H SCHELLER PHDTRUSTEE

SETH L MATARASSO MDTRUSTEE

SHARON BELLTRUSTEE

STANLEE GATTITRUSTEE

VALERIE COLEMAN MORRISTRUSTEE

WILLIAM R HEARST IIITRUSTEE (THRU 05/25)

YASUNOBU KYOGOKUTRUSTEE

ZACHARY S BOGUETRUSTEE (THRU 05/25)

DAVID H S CHUNGTRUSTEE (THRU 10/24)

ALEXANDRIA J ASHDOWNTRUSTEE

AUSTIN LIGONTRUSTEE

BAKARI AYINDE ADAMSTRUSTEE

BARBARA WOLFETRUSTEE

BETTINA S BRYANTTRUSTEE

BRENDA WRIGHTTRUSTEE

BRYAN MEEHANTRUSTEE

CARL F PASCARELLAVICE CHAIR

CAROL N BONNIETRUSTEE (THRU 05/25)

CYNTHIA FRY GUNNTRUSTEE

DAVID SHIMMONTRUSTEE

DAVID SOWARDTRUSTEE

DAVID WADHWANITRUSTEE

DAVID A FRAZETREASURER (THRU 10/24), TRUSTEE

JULIA ZHENTRUSTEE

DAVID HOOKER SPENCERCHAIR (AS OF 06/25), TRUSTEE

DEBBIE JORGENSENTRUSTEE

DIANE B WILSEYCHAIR EMERITA

DOUGLAS WALLTRUSTEE

ELIZABETH MINICKTRUSTEE

GEORGE HECKSHERTRUSTEE

GRETCHEN B KIMBALLTRUSTEE

HEATHER PRESTON MDTRUSTEE

HOLLY JOHNSON HARRISTRUSTEE

JACK CALHOUNVICE CHAIR

JASON E MOMENTCHAIR (THRU 05/25), TRUSTEE

AIDA M ALVAREZTRUSTEE

JOHN DIEFENBACHTRUSTEE

About this charity

Recognized since: January 1987
Location: 50 HAGIWARA TEA GARDEN DR, SAN FRANCISCO, CA 94118-4502
County: City and County of San Francisco
In care of: JASON SEIFER
Primary officer: JASON SEIFER, CFO

How to reach them

WebsiteVisit the charity’s website EmailGeneralcontact@famsf.org Phone(415) 750-8902

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Arts, Culture & Humanities (A035)
IRS tax category: Museums
Grant-giving organization: Yes