501(c)(3) charity; gifts are tax-deductible.
59¢ of each $1 spent went to programs.
Run by 350 volunteers and 865 employees.
Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $20.8M a year · 14% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
59%
of spending
Worth a look: 59% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$4.5M
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
14 mo
of spending, in cash
Plus $1.04B in investments, Pt X · Ln 11–13
Looks good: 13.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $33K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$158.4M
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
41
of 41 voting members
Looks good: 41 of 41 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$186.6M
+18% vs prior year
Spent
$141.3M
To programs
59%
Net assets
$1.4B
By yearFY2020–FY2025
Revenue
$186.6M
FY2025▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$175.1M
FY2021$137.1M
FY2022$148.3M
FY2023$99.6M
FY2024$157.7M
FY2025$186.6M
Expenses
$141.3M
FY2025▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$122.4M
FY2021$128.2M
FY2022$134.5M
FY2023$123.3M
FY2024$129.9M
FY2025$141.3M
Net assets
$1.4B
FY2025▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1B
FY2021$1.3B
FY2022$1.2B
FY2023$1.2B
FY2024$1.3B
FY2025$1.4B

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1965.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

59 cents of each dollar spent went to programs.

Program services 59% · $82.8M Management & general 36% · $51.4M Fundraising 5% · $7.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

53 people listed on the 990; $4.5M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Ann & Graham Gund Director
$1,144,716Pt VII · Sec A
Chief Operating Officer
$520,394Pt VII · Sec A
Chief External Relations
$462,904Pt VII · Sec A
Chief Financial Officer
$407,796Pt VII · Sec A
Chief of Curatorial Affair
$306,767Pt VII · Sec A
Chief of Staff
$260,185Pt VII · Sec A
Dir. of Human Resources
$236,103Pt VII · Sec A
Director of Development
$228,165Pt VII · Sec A

Matthew Teitelbaum’s $1.1M as Ann & Graham Gund Director is at the 75th percentile of top reported officer pay among 53 $100M+ arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Matthew Teitelbaum$1,144,716$1,037,098$1,013,783$1,055,830$698,232$992,414
Mark Kerwin——$583,314$427,548$388,268$430,910
Eric Woods$520,394$446,806$442,982———
Cameran Mason$462,904$445,100$499,788$387,758$351,816$390,000
Katherine Getchell - Former————$469,310$425,949
Catherine Vandenabeele$407,796$382,212$113,942———
Makeeba McCreary -Former———$363,642——
Pierre Terjanian$306,767$48,646————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Museum of Fine Arts executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves and exhibits preeminent art collections to foster public understanding and appreciation of the visual world through direct encounters with diverse artworks.

Questions for Museum of Fine Arts

Tap to ask. Museum of Fine Arts sees how many people are interested.

Your first name shows with your question. Museum of Fine Arts answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $39.5M · in their own filed words · FY2024
01

Education Programs

The museum maintains an ongoing series of education programs and activities in order to further the mission of the museum and provide educational opportunities in art. Education programs cover a wide spectrum of topics and include studio art classes and workshops for children, teens and adults, lectures, films, concerts, a variety of…

$20.2Mprogram expense
02

Exhibitions

With a collection of nearly 500,000 objects, the museum owns some of the rare and important artistic treasures in the world. Such a collection enables the museum to present many special exhibitions with a balance between scholarly programs and those with broad public appeal. During fiscal year 2025, the museum presented 20 exhibitions.

$17.2Mprogram expense
03

Enterprise

The museum's retail operations offers a wide variety of merchandise related to the museum's collections and special exhibitions, which contribute importantly to the achievement of the museum's exempt educational purpose by making works of art familiar to a broader segment of the public.

$2.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 3 funders$33K
See all 3 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$186.6M
Ln 12
Gifts and grantsLn 1h$96.4M
Investment incomeLn 3$52.2M
Fees for servicesLn 2g$24.7M
Money outPt IX
$141.3M
Ln 25
Programscol B$82.8M
Managementcol C$51.4M
Fundraisingcol D$7.1M
Owns and owesPt X
$1.4B
net assets · Ln 32
Cash and savingsLn 1–2$159.3M
Total assetsLn 16$1.6B
LiabilitiesLn 26$158.4M
PeoplePt VI, VII
53
listed · VII A
PaidVII A12
Voting boardVI 1a41
IndependentVI 1b41
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$96.4M
Government grantsLn 1e$55K
Noncash giftsLn 1g$13.2M
Fundraising eventsLn 1c$107K
Fees for servicesLn 2g$24.7M
Investment incomeLn 3$52.2M
Other incomeLn 4–11$13.4M
Gains on assetsLn 7$43.6M
Total revenueLn 12$186.6M
Assets in detailPt X, end of year
CashLn 1$42.3M
SavingsLn 2$117.0M
Cash and savings togetherLn 1–2$159.3M
InvestmentsLn 11–13$1.04B
Land, buildings, equipmentLn 10c$276.8M
Other assetsLn 15$9.0M
Total assetsLn 16$1.6B
LiabilitiesLn 26$158.4M
Net assetsLn 32$1.4B
OperationsPt I, VI
EmployeesI 5865
VolunteersI 6350
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$147.7M$159.3M
InvestmentsLn 11–13$937.1M$1.04B
Land, buildings, equipmentLn 10c$283.3M$276.8M
Total assetsLn 16$1.46B$1.58B
LiabilitiesLn 26$161.5M$158.4M
Net assetsLn 32$1.30B$1.43B
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$4.4M$631K$3.2M$525K
Other salaries and wagesLn 7$40.4M$20.5M$15.8M$4.0M
Pension plan contributionsLn 8$2.6M$1.2M$1.1M$256K
Other employee benefitsLn 9$5.2M$3.0M$1.6M$679K
Payroll taxesLn 10$3.4M$1.6M$1.4M$337K
Management feesLn 11a$2.1M$2.1M
Legal feesLn 11b$503K$15K$488K
Accounting feesLn 11c$239K$13K$226K
Investment management feesLn 11f$10.5M$1.0M$9.4M$23K
Other fees for servicesLn 11g$5.1M$2.5M$2.5M$96K
Advertising and promotionLn 12$2.7M$1.2M$1.6M
Office expensesLn 13$1.7M$803K$879K$49K
Information technologyLn 14$794K$14K$779K$2K
OccupancyLn 16$5.8M$4.7M$1.1M
TravelLn 17$1.0M$813K$162K$67K
InterestLn 20$4.2M$3.4M$856K
Depreciation, depletion and amortizationLn 22$22.3M$20.7M$1.5M$24K
InsuranceLn 23$1.8M$755K$1.0M
Other expenses (24a–d)Ln 24$22.7M$17.3M$4.4M$1.0M
All other expensesLn 24e$3.9M$581K$3.3M$73K
Total functional expensesLn 25$141.3M$82.8M$51.4M$7.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $186.6M$141.3M$45.3M$1.4B 990 PDF
FY2024 $157.7M$129.9M$27.8M$1.3B 990 PDF
FY2023 $99.6M$123.3M−$23.7M$1.2B 990 PDF
FY2022 $148.3M$134.5M$13.8M$1.2B 990 PDF
FY2021 $137.1M$128.2M$8.9M$1.3B 990 PDF
FY2020 $175.1M$122.4M$52.6M$1.1B 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $186,630,042 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $76,285,128$96,360,692
I-9 Program service revenuePrior year $18,243,104$24,681,066
I-10 Investment incomePrior year $49,378,062$52,192,069
I-11 Other revenuePrior year $13,773,872$13,396,215
I-12 Total revenuePrior year $157,680,166$186,630,042
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $49,521,405$55,877,143
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $80,331,440$85,432,475
I-18 Total expensesPrior year $129,852,845$141,309,618
I-19 Revenue less expensesPrior year $27,827,321$45,320,424
Part VI · Governance 41 of 41 board members independent, no flags
VI-1a Voting members of the governing body41
VI-1b Independent voting members41
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $186,630,042 across 13 lines filed
Lines not itemized here account for $3,183,587 of total revenue; see the IRS return.
VIII-1b Membership dues$8,198,185
VIII-1c Fundraising events$107,075
VIII-1e Government grants$55,000
VIII-1f All other contributions, gifts and grants$88,000,432
VIII-1g Noncash contributions (included above)$13,153,836
VIII-1h Total contributions, gifts and grants$96,360,692
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $24,681,066$24,681,066
VIII-3 Investment incomeUnrelated business $278,220 · Excluded from tax $8,356,458$8,634,678
VIII-6 Net rental income or lossExcluded from tax $4,980,957$4,980,957
VIII-7 Net gain or loss on sales of assetsUnrelated business $255,575 · Excluded from tax $43,301,816$43,557,391
VIII-8 Net income from fundraising eventsExcluded from tax −$84,946−$84,946
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,877,518 · Unrelated business $439,099$5,316,617
VIII-12 Total revenueRelated to mission $32,731,760 · Unrelated business $983,305 · Excluded from tax $56,554,285$186,630,042
Part IX · Statement of functional expenses $141,309,618 across 20 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $631,162 · Management $3,204,321 · Fundraising $524,859$4,360,342
IX-7 Other salaries and wagesPrograms $20,547,287 · Management $15,834,049 · Fundraising $3,975,520$40,356,856
IX-8 Pension plan contributionsPrograms $1,217,781 · Management $1,087,468 · Fundraising $256,390$2,561,639
IX-9 Other employee benefitsPrograms $2,958,463 · Management $1,589,755 · Fundraising $678,582$5,226,800
IX-10 Payroll taxesPrograms $1,602,785 · Management $1,431,273 · Fundraising $337,448$3,371,506
IX-11a Management feesPrograms $2,074,985$2,074,985
IX-11b Legal feesPrograms $14,980 · Management $487,570$502,550
IX-11c Accounting feesPrograms $12,542 · Management $226,244$238,786
IX-11f Investment management feesPrograms $1,047,108 · Management $9,382,956 · Fundraising $23,347$10,453,411
IX-11g Other fees for servicesPrograms $2,536,783 · Management $2,489,868 · Fundraising $96,201$5,122,852
IX-12 Advertising and promotionPrograms $1,154,281 · Management $1,595,501$2,749,782
IX-13 Office expensesPrograms $802,899 · Management $878,540 · Fundraising $48,811$1,730,250
IX-14 Information technologyPrograms $14,383 · Management $778,532 · Fundraising $1,526$794,441
IX-16 OccupancyPrograms $4,705,651 · Management $1,143,338$5,848,989
IX-17 TravelPrograms $813,037 · Management $162,116 · Fundraising $67,247$1,042,400
IX-20 InterestPrograms $3,357,733 · Management $856,039$4,213,772
IX-22 Depreciation, depletion and amortizationPrograms $20,725,029 · Management $1,524,342 · Fundraising $23,563$22,272,934
IX-23 InsurancePrograms $755,455 · Management $1,023,665$1,779,120
IX-24 Other expenses (24a–d)Programs $17,256,981 · Management $4,383,788 · Fundraising $1,042,616$22,683,385
IX-24e All other expensesPrograms $580,562 · Management $3,271,359 · Fundraising $72,897$3,924,818
IX-25 Total functional expensesPrograms $82,809,887 · Management $51,350,724 · Fundraising $7,149,007$141,309,618
Part X · Balance sheet $1,584,373,764 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $65,972,295$42,299,203
X-2 Savings and temporary cash investmentsStart of year $81,683,613$116,976,195
X-3 Pledges and grants receivableStart of year $81,840,548$90,103,328
X-4 Accounts receivableStart of year $1,105,244$1,036,336
X-8 Inventories for sale or useStart of year $1,555,384$1,483,440
X-9 Prepaid expenses and deferred chargesStart of year $1,619,910$1,669,862
X-10c Land, buildings and equipment, netStart of year $283,306,414$276,790,039
X-11 Publicly traded securitiesStart of year $570,871,477$637,437,017
X-12 Other securitiesStart of year $366,238,712$407,555,675
X-15 Other assetsStart of year $9,869,983$9,022,669
X-16 Total assetsStart of year $1,464,063,580$1,584,373,764
X-17 Accounts payable and accrued expensesStart of year $16,752,084$15,108,054
X-19 Deferred revenueStart of year $4,665,078$2,026,375
X-20 Tax-exempt bond liabilitiesStart of year $99,854,018$99,864,835
X-24 Unsecured notes and loans payableStart of year $5,067,379$3,525,170
X-25 Other liabilitiesStart of year $35,188,599$37,842,909
X-26 Total liabilitiesStart of year $161,527,158$158,367,343
X-27 Net assets without donor restrictionsStart of year $180,269,574$185,382,030
X-28 Net assets with donor restrictionsStart of year $1,122,266,848$1,240,624,391
X-32 Total net assets or fund balancesStart of year $1,302,536,422$1,426,006,421
X-33 Total liabilities and net assetsStart of year $1,464,063,580$1,584,373,764
Part XI · Reconciliation of net assets $1,426,006,421 net assets at year end
XI-1 Total revenue$186,630,042
XI-2 Total expenses$141,309,618
XI-3 Revenue less expenses$45,320,424
XI-4 Net assets at start of year$1,302,536,422
XI-5 Net unrealized gains (losses) on investments$75,767,856
XI-6 Donated services and use of facilities$252,626
XI-9 Other changes in net assets$2,129,093
XI-10 Net assets at end of year$1,426,006,421

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.