THE PUTNAM FOUNDATION DBA TIMKEN MUSEUM OF ART Charity Report

Public IRS 990 nonprofit record

THE PUTNAM FOUNDATION DBA TIMKEN MUSEUM OF ART

EIN 95-6037070 · Arts, Culture & Humanities (A510)

What they do

The Putnam Foundation (the Foundation) is A Non-profit Organization Whose Primary Activity is The Education of The Public In Fine Arts Through The Operation of The Timken Museum of Art (the Museum) Located In Balboa Park In San Diego, California, and is The Only Fine Art Museum In San Diego That Does Not Charge Admission. Accessibility, Whether Through Our Free-admission Policy or Through Outreach to Underserved Groups In The Community is At The Heart of The Timken.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.00 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 leaders19 people are listed in the latest report.

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

Money made simple

94.44%of revenue went to mission work88.0% of expenses · Program services

3.16%of revenue went to fundraising2.9% of expenses

$107.34spent for every $100 of revenueSpending was higher than revenue this year.

9.74%of revenue went to management and office costs9.1% of expenses

$19.49in assets for every $1 spent this yearSome assets cannot be spent right away.

63.9%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 $200,082 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $268,402 for MEGAN POGUE (EXECUTIVE DIR.). 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$2,724,896

Mission workProgram services$2,573,47394.44% of revenue88.0% of expenses

ManagementOffice and general costs$265,5019.74% of revenue9.1% of expenses

FundraisingAsking for donations$86,0043.16% of revenue2.9% of expenses

Total expenses$2,924,978107.34% 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: 88.0% mission · 9.1% management · 2.9% fundraisingTotal expenses: 107.34% of revenue

2023Expense mix: 87.5% mission · 8.9% management · 3.6% fundraisingTotal expenses: 137.13% of revenue

2022Expense mix: 87.4% mission · 9.6% management · 3.0% fundraisingTotal expenses: 20.01% of revenue

2021Expense mix: 85.8% mission · 8.9% management · 5.3% fundraisingTotal expenses: 84.82% of revenue

2020Expense mix: 84.3% mission · 11.4% management · 4.3% fundraisingTotal expenses: 76.74% of revenue

2019Expense mix: 88.0% mission · 8.6% management · 3.4% fundraisingTotal expenses: 23.01% of revenue

2018Expense mix: 88.1% mission · 9.1% management · 2.8% fundraisingTotal expenses: 111.08% of revenue

2017Expense mix: 88.3% mission · 8.8% management · 3.0% fundraisingTotal expenses: 106.72% of revenue

Money in and money out

Revenue$2,724,896

Expenses$2,924,978

Annual shortfall $200,082 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)$2,573,473 · 88.0% of expenses

Management and office costs$265,501 · 9.1% of expenses

Fundraising$86,004 · 2.9% of expenses

See all reported dollar amounts

Revenue$2,724,896

Expenses$2,924,978

Assets$57,021,993

Income$2,792,594

Contributions$1,741,030

Mission work (program services)$2,573,473

Fundraising$86,004

Management and general$265,501

Stocks and bonds$12,748,423

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

MEGAN POGUEEXECUTIVE DIR. · 40 hrs/week $268,402Base $225,984 · Other $42,418

DERRICK CARTWRIGHTDIR OF CUR AFFAIRS · 40 hrs/week $168,557Base $167,095 · Other $1,462

HOLLY MARTIN-BOLLARDDIR OF OPS · 40 hrs/week $139,449Base $104,065 · Other $35,384

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 (19)

MEGAN POGUEEXECUTIVE DIR.

DERRICK CARTWRIGHTDIR OF CUR AFFAIRS

HOLLY MARTIN-BOLLARDDIR OF OPS

GARY CADYVICE CHAIR

WILLIAM MOBLEYDIRECTOR

PAUL HERINGVICE CHAIR

PAM PALISOULSECRETARY

MICHAEL COLLINSDIRECTOR

KRISTIN TIMKENDIRECTOR

JESSIE KNIGHTCHAIR

HENK HANSELAARDIRECTOR

ALEXI DAVISDIRECTOR

FRED KLEINBUBTREASURER

DAVID KINNEYDIRECTOR

CRAIG BROWNDIRECTOR

CHRISTIAN BUCKLEYDIRECTOR

CECILIA LARROQUEDIRECTOR

CATHE BURNHAMDIRECTOR

BOB OCONNELLDIRECTOR

About this charity

Recognized since: January 1952
Location: 2550 5TH AVE STE 500, SAN DIEGO, CA 92103-6624
County: San Diego
In care of: % TIMKEN MUSEUM OF ART
Primary officer: MEGAN POGUE, Executive Dir.

How to reach them

WebsiteVisit the charity’s website Emailinfo@timkenmuseum.org Phone(619) 239-5548

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: LEAF & COLE LLP
NTEE classification: Arts, Culture & Humanities (A510)