Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1935.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
84 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
50 people listed on the 990; $2.3M paid to officers and key staff.
Christoph Heinrich’s $909K as Director is at the 98th percentile of top reported officer pay among 749 $10–100M 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
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Christoph Heinrich | $909,131 | $409,322 | $414,603 | $421,678 | $359,670 | $397,624 |
| Curtis Woitte | $248,940 | $237,234 | $223,811 | $211,511 | $192,718 | $185,968 |
| Andrea Fulton Thru 0624 | — | $242,033 | — | — | — | — |
| Andrea Fulton | — | — | $228,283 | $217,445 | $198,112 | $210,965 |
| Arpie Chucovich | $193,628 | $185,641 | $172,056 | $151,359 | $132,238 | $135,570 |
| Bryon Thornburgh | $182,767 | $175,505 | $166,478 | $153,030 | $133,406 | $130,943 |
| Heather Nielsen | $178,388 | — | — | — | — | — |
| Melora Mcdermott-Lewis | — | — | — | — | $151,822 | $127,404 |
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.
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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
Enriches lives by acquiring, preserving, and exhibiting diverse artworks while offering community-focused educational programs that foster creativity, empathy, and cultural connection.
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Exhibitions and Collections
Each year, the denver art museum (dam) presents temporary and traveling exhibitions of art from around the world. Among the highlights in 2025 were dawoud bey: street portraits, the life and art of tokio ueyama, lunar phases: korean moon jars, kent monkman: history is painted by the victors, and charles sandison: chamber.
Premises & Buildings
These costs include all expenditures associated with the day-to-day operations of the museum's facilities. Exhibition and permanent galleries displayed a variety of artwork for the public's enjoyment while the museum's public spaces enable museum staff and volunteers to conduct frequent learning and engagement programs including tours…
Learning and Engagement Programs
At the denver art museum (dam), we collaborate with communities to create art and creativity experiences that foster well-being, belonging, and empathy for all, while advancing innovative practices in the field.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.1M | $3.3M |
| InvestmentsLn 11–13 | $23.7M | $24.8M |
| Land, buildings, equipmentLn 10c | $125.8M | $130.9M |
| Total assetsLn 16 | $179.4M | $185.7M |
| LiabilitiesLn 26 | $8.7M | $7.6M |
| Net assetsLn 32 | $170.7M | $178.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $1.8M | $528K | $965K | $276K |
| Other salaries and wagesLn 7 | $24.4M | $18.0M | $5.0M | $1.4M |
| Other fees for servicesLn 11g | $2.8M | $1.3M | $1.5M | $46K |
| Office expensesLn 13 | $73K | $70K | $4K | |
| OccupancyLn 16 | $2.1M | $2.0M | $106K | |
| TravelLn 17 | $222K | $164K | $39K | $18K |
| Depreciation, depletion and amortizationLn 22 | $9.3M | $8.8M | $430K | $92K |
| Other expenses (24a–d)Ln 24 | $35.1M | $34.4M | $694K | |
| All other expensesLn 24e | $4.0M | $1.6M | $2.0M | $469K |
| Total functional expensesLn 25 | $79.7M | $66.7M | $10.8M | $2.3M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $87.0M | $79.7M | $7.3M | $178.1M | 990 PDF |
| FY2024 | $42.0M | $59.1M | −$17.1M | $170.7M | 990 PDF |
| FY2023 | $44.7M | $53.1M | −$8.4M | $187.2M | 990 PDF |
| FY2022 | $57.2M | $49.5M | $7.7M | $195.2M | 990 PDF |
| FY2021 | $74.1M | $71.7M | $2.4M | $188.7M | 990 PDF |
| FY2020 | $50.7M | $43.9M | $6.8M | $185.5M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $87,033,570 revenue, 12 lines filed
Part VI · Governance 41 of 41 board members independent, no flags
Part VIII · Statement of revenue $87,033,570 across 13 lines filed
Part IX · Statement of functional expenses $79,719,340 across 9 lines filed
Part X · Balance sheet $185,708,568 assets, 18 lines filed
Part XI · Reconciliation of net assets $178,131,613 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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