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MUSEUM OF FINE ARTS: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MUSEUM OF FINE ARTS (EIN 04-2103607)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-05-15
IRS object ID
202621359349303972
Schema version
2024v5.5
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-15T09:27:49-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN203985546PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1JOHNSON O'CONNOR FERON & CARUCCI LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1101 EDGEWATER DRIVE SUITE 210AddressLine1Txt
CityWAKEFIELDCityNm
State AbbreviationMAStateAbbreviationCd
ZIP01880ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042103607EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MUSEUM OF FINE ARTSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMUSEBusinessNameControlTxt
Phone6173693281PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1465 HUNTINGTON AVENUEAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02115ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCATHERINE VANDENABEELEPersonNm
Person TitleCFOPersonTitleTxt
Phone6173693281PhoneNum
Signature2026-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOSEPH GISOPreparerPersonNm
PTINP00030126PTIN
Phone7819143400PhoneNum
Preparation2026-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCATHERINE VANDENABEELEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1465 HUNTINGTON AVENUEAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02115ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$542,008,045GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MFA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1870FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTHE MUSEUM OF FINE ARTS HOUSES AND PRESERVES PREEMINENT COLLECTIONS AND ASPIRES TO SERVE A WIDE VARIETY OF PEOPLE THROUGH DIRECT ENCOUNTERS WITH WORKS OF ART IN ORDER TO ENCOURAGE INQUIRY AND TO HEIGHTEN PUBLIC UNDERSTANDING AND APPRECIATION OF THE VISUAL WORLD.ActivityOrMissionDesc
Voting Members Governing Body41VotingMembersGoverningBodyCnt
Voting Members Independent41VotingMembersIndependentCnt
Total Employee865TotalEmployeeCnt
Total Volunteers350TotalVolunteersCnt
Total Gross UBI$983,305TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$376,769NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$76,285,128PYContributionsGrantsAmt
CY Contributions Grants$96,360,692CYContributionsGrantsAmt
PY Program Service Revenue$18,243,104PYProgramServiceRevenueAmt
CY Program Service Revenue$24,681,066CYProgramServiceRevenueAmt
PY Investment Income$49,378,062PYInvestmentIncomeAmt
CY Investment Income$52,192,069CYInvestmentIncomeAmt
PY Other Revenue$13,773,872PYOtherRevenueAmt
CY Other Revenue$13,396,215CYOtherRevenueAmt
PY Total Revenue$157,680,166PYTotalRevenueAmt
CY Total Revenue$186,630,042CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$49,521,405PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$55,877,143CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$7,149,007CYTotalFundraisingExpenseAmt
PY Other Expenses$80,331,440PYOtherExpensesAmt
CY Other Expenses$85,432,475CYOtherExpensesAmt
PY Total Expenses$129,852,845PYTotalExpensesAmt
CY Total Expenses$141,309,618CYTotalExpensesAmt
PY Revenues Less Expenses$27,827,321PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$45,320,424CYRevenuesLessExpensesAmt
Total Assets BOY$1,464,063,580TotalAssetsBOYAmt
Total Assets EOY$1,584,373,764TotalAssetsEOYAmt
Total Liabilities BOY$161,527,158TotalLiabilitiesBOYAmt
Total Liabilities EOY$158,367,343TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,302,536,422NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,426,006,421NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE O.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$20,176,895ExpenseAmt
Revenue$1,991,413RevenueAmt
DescEDUCATION 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 OTHER COURSES, FREE DEMONSTRATIONS AND TALKS, FREE WORKSHOPS FOR EDUCATORS, SCHOOL GROUP TOURS, PARTNERSHIPS WITH LOCAL AREA SCHOOLS, AFTER-SCHOOL PROGRAMS AND COMMUNITY GROUPS TO ENGAGE YOUTH IN ARTS AND PROGRAMS FOR FAMILY VISITS TO THE MUSEUM.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$17,165,542ExpenseAmt
Revenue$2,294,826RevenueAmt
DescEXHIBITIONS: 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. SOME HIGHLIGHTS INCLUDE: DALI: DISRUPTION AND DEVOTION; GEORGIA O'KEEFFE AND HENRY MOORE; POWER OF THE PEOPLE: ART AND DEMOCRACY; DEEP WATERS: FOUR ARTISTS AND THE SEA; THE SUN WILL SET: CONTEMPORARY ABSTRACTION AND THE BODY; FRAGMENTS OF SELF: SMFA AT TUFTS JURIED STUDENT EXHIBITION; UTOPIA, DYSTOPIA: TONY COKES AND OSCAR MUNOZ; CURATED BY TEENS DEATH AS A CONSTANT COMPANION, A COLLABORATION BETWEEN MFA TEEN PROGRAMS AND THE CENTER FOR NETHERLANDISH ART; LANDSCAPE AND LABOR: DUTCH WORKS ON PAPER IN VAN GOGH'S TIME; ROBERT FRANK: MARY'S BOOK; WITNESSING HUMANITY: THE ART OF JOHN WILSON; VAN GOGH: THE ROULIN FAMILY PORTRAITS; QI BAISHI: INSPIRATION IN INK; THE VISIONARY ART OF MINNIE EVANS; FY25 COMMUNITY ARTS INITIATIVE: INTO THE FOREST; FABRIC OF A NATION: AMERICAN QUILT STORIES AT NASHVILLE, TN; DUTCH ART IN GLOBAL AGE AT FORT WORTH, TX; HOKUSAI: INSPIRATION AND INFLUENCE AT KANSAS CITY, MO; LBM: LIVING WITH THE GODS: ARTS, BELIEFS, AND PEOPLES AT HOUSTON, TX; LMB: JAPAN, AN ARTISTIC MELTING POT: ADMIRATION AND IMITATIO, MISUNDERSTANDINGS AND MODIFICATIONS, AND MOTTAINAI? AT KYOTO NATIONAL MUSEUM, JAPAN.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$2,156,194ExpenseAmt
Revenue$3,173,176RevenueAmt
DescENTERPRISE: 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. OFFERINGS AT SHOP INCLUDE ART BOOKS, POSTERS, CARDS, GLASS, TEXTILES, JEWELRY AND SCULPTURE. MERCHANDISE IS FOR SALE IN THE PHYSICAL SHOPS OR THROUGH RETAIL'S WEB-BASED OUTLET.THE MUSEUM IS EXEMPT AS AN EDUCATIONAL ORGANIZATION ON THE BASIS OF ITS OWNERSHIP, MAINTENANCE, AND EXHIBITION FOR PUBLIC VIEWING OF WORKS OF ART. THE SALES OF SUCH ITEMS CONTRIBUTES IMPORTANTLY TO THE ACHIEVEMENT OF THE MUSEUM'S EXEMPT EDUCATIONAL PURPOSES BY STIMULATING AND ENHANCING PUBLIC AWARENESS, INTEREST, AND APPRECIATION OF ART. MOREOVER, A BROADER SEGMENT OF THE PUBLIC MAY BE ENCOURAGED TO VISIT THE MUSEUM ITSELF TO SHARE IN ITS EDUCATIONAL FUNCTIONS AND PROGRAMS AS A RESULT OF SEEING THE ITEMS SOLD.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$43,311,256ExpenseAmt
Revenue$25,272,345RevenueAmt
DescOPERATING SUPPORT: EXPENSES: $24,009,233 REVENUE: $0OPERATING SUPPORT CONSISTS OF ALL OTHER AREAS OF THE MUSEUM. INCLUDING PROTECTIVE SERVICES, FACILITIES AND OTHER AREAS WHICH SUPPORT THE OPERATIONS OF THE MUSEUM AND ITS MISSION.PARKING FACILITIES: EXPENSES: $1,304,091 REVENUE: $4,877,518THE MUSEUM OWNS A PARKING GARAGE AND HAS TWO OPEN-AIR PARKING LOTS. ALL OF THESE FACILITIES ARE OPEN TO MEMBERS AND VISITORS TO THE MUSEUM. THE OPERATION OF ADJACENT PARKING LOTS BY THE MUSEUM, IN AREAS OF INSUFFICIENT PARKING SPACES FOR THE USE OF ITS VISITORS, CONTRIBUTES IMPORTANTLY TO THE MUSEUM'S EXEMPT PURPOSE BY ENCOURAGING VISITATION AND LONGER PERIODS VIEWING OF ITS COLLECTIONS, AND SPECIAL EXHIBITIONS. ANY PROFITS FROM THE FEE CHARGED FOR THE USE OF THE LOT IS PLACED IN THE GENERAL OPERATING FUND.FOOD SERVICES: EXPENSES: $154,800 REVENUE: $1,914,669THE MUSEUM IS ORGANIZED AND OPERATED AS AN ART MUSEUM. THE EATING FACILITIES WHICH ARE CONTRACTED AND MANAGED BY RA, ARE OPEN TO THE MUSEUM STAFF, EMPLOYEES, AND MEMBERS OF THE PUBLIC VISITING THE MUSEUM AND ARE OF A SIZE COMMENSURATE WITH ACCOMMODATION OF THESE SPECIAL GROUPS OF PATRONS.MEMBERSHIP & VISITORS: EXPENSES: $4,545,440 REVENUE: $10,994,317OVER 1,053,000 VISITORS ATTENDED THE MUSEUM DURING FISCAL YEAR 2025. DURING THE FISCAL YEAR 2025, THERE WERE MORE THAN FIVE COMMUNITY DAYS DURING WHICH ADMISSION CHARGES WERE WAIVED. THE MUSEUM HAS OVER 58,000 ACTIVE MEMBER HOUSEHOLDS. THERE ARE 8 LEVELS OF ANNUAL MEMBERSHIP WITH FEES RANGING FROM $90 TO $300. EACH CATEGORY OFFERS A WIDE VARIETY OF PRIVILEGES, SUCH AS FREE ADMISSION, PUBLICATIONS, RECIPROCAL MEMBER BENEFITS AT OTHER MAJOR ART MUSEUMS AROUND THE U.S. AND SPECIAL EVENTS.OTHER MISC. PROGRAM SERVICES: EXPENSES: $13,353,850 REVENUE: 7,877,518Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$43,311,256TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$25,272,345TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$82,809,887TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document292IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee865EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (1)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members41GoverningBodyVotingMembersCnt
Independent Voting Member41IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CATHERINE VANDENABEELE CFOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6173693281PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1465 HUNTINGTON AVENUEAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02115ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (53 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
MATTHEW TEITELBAUM
ANN & GRAHAM GUND DIRECTOR40.00Yes (X)$1,144,716$0$47,667
ERIC WOODS
CHIEF OPERATING OFFICER40.00Yes (X)$520,394$0$36,205
CAMERAN MASON
CHIEF EXTERNAL RELATIONS40.00Yes (X)$462,904$0$51,895
CATHERINE VANDENABEELE
CHIEF FINANCIAL OFFICER40.00Yes (X)$407,796$0$29,852
PIERRE TERJANIAN
CHIEF OF CURATORIAL AFFAIR40.00Yes (X)$306,767$0$51,872
EMILY BLUMENTHAL
CHIEF OF STAFF40.00Yes (X)$260,185$0$39,433
DEBRA LAKIND
SR DIR, IP & BUSINESS DEVE40.00$222,461$0$43,774Yes (X)
JANE O'REILLY-CORCORAN
DIR. OF HUMAN RESOURCES40.00$236,103$0$27,698Yes (X)
CHRISTOPHER FOX
DIR. OF TREASURY MANAGEMEN40.00Yes (X)$219,609$0$36,747
EDWARD SAYWELL
CHAIR, PRINTS AND DRAWINGS40.00$222,461$0$31,657Yes (X)
ELLEN J REYNOLDS
DIRECTOR OF DEVELOPMENT40.00$228,165$0$20,065Yes (X)
DARCY-TELL MORALES
CHIEF OF LEARNING & COMMUNITY EGMT40.00$227,096$0$13,132Yes (X)
MARC S PLONSKIER
ELECTED TRUSTEE - CHAIR1.00Yes (X)$0$0$0Yes (X)
EMI M WINTERER
ELECTED TRUSTEE - PRESIDENT1.00Yes (X)$0$0$0Yes (X)
MICHELE COURTON BROWN
ELECTED TRUSTEE - CHAIR1.00Yes (X)$0$0$0Yes (X)
TOM SEEMAN
TREASURER1.00Yes (X)$0$0$0Yes (X)
EDWARD E GREENE
VICE PRESIDENT1.00Yes (X)$0$0$0Yes (X)
PATRICIA KRAFT
SECRETARY1.00Yes (X)$0$0$0Yes (X)
AMY ABRAMS
ELECTED TRUSTEE1.00$0$0$0Yes (X)
PAUL G ALEXANDER
ELECTED TRUSTEE1.00$0$0$0Yes (X)
CARLOTTE NORD BERK
ELECTED TRUSTEE1.00$0$0$0Yes (X)
MONICA CHANDRA
ELECTED TRUSTEE1.00$0$0$0Yes (X)
HOWARD COX
ELECTED TRUSTEE1.00$0$0$0Yes (X)
PETER CREIGHTON
ELECTED TRUSTEE1.00$0$0$0Yes (X)
DAVID D CROLL
ELECTED TRUSTEE1.00$0$0$0Yes (X)
AZADEH DJAZANI
ELECTED TRUSTEE1.00$0$0$0Yes (X)
RONALD M DRUKER
ELECTED TRUSTEE1.00$0$0$0Yes (X)
THOMAS AJ FRANK
ELECTED TRUSTEE1.00$0$0$0Yes (X)
DEBORAH GLASSER
ELECTED TRUSTEE1.00$0$0$0Yes (X)
ABIGAIL ROSS GOODMAN
ELECTED TRUSTEE1.00$0$0$0Yes (X)
JENNIFER HERMAN
ELECTED TRUSTEE1.00$0$0$0Yes (X)
BARBARA HOSTETTER
ELECTED TRUSTEE1.00$0$0$0Yes (X)
DAVID HOWSE
ELECTED TRUSTEE1.00$0$0$0Yes (X)
CLARISSA C HUNNEWELL
ELECTED TRUSTEE1.00$0$0$0Yes (X)
ELIZABETH L JOHNSON
ELECTED TRUSTEE1.00$0$0$0Yes (X)
YUCHUN LEE
ELECTED TRUSTEE1.00$0$0$0Yes (X)
CARL J MARTIGNETTI
ELECTED TRUSTEE1.00$0$0$0Yes (X)
LINDA A MASON
ELECTED TRUSTEE1.00$0$0$0Yes (X)
CATHY E MINEHAN
ELECTED TRUSTEE1.00$0$0$0Yes (X)
ROBERT NAGLE
ELECTED TRUSTEE1.00$0$0$0Yes (X)
AMY POORVU
ELECTED TRUSTEE1.00$0$0$0Yes (X)
ANTONIO PORRES
ELECTED TRUSTEE1.00$0$0$0Yes (X)
THERESA STONE
ELECTED TRUSTEE1.00$0$0$0Yes (X)
SUSAN B WEATHERBIE
ELECTED TRUSTEE1.00$0$0$0Yes (X)
ROBERTA WEINER
ELECTED TRUSTEE1.00$0$0$0Yes (X)
XIAOHUA ZHANG
ELECTED TRUSTEE1.00$0$0$0Yes (X)
CAROLYN OSTEEN
APP. TR. - BOSTON ANTHENAEUM1.00$0$0$0Yes (X)
RAYMOUND LIU
APP. TR. - BOSTON PUBLIC LIBRARY1.00$0$0$0Yes (X)
MARY SKIPPER
APP. TR. - BOSTON PUBLIC SCHOOLS1.00$0$0$0Yes (X)
KATHERINE N LAPP
APP. TR. - HARVARD UNIVERSITY1.00$0$0$0Yes (X)
MICHELLE WU
APP. TR. - CITY OF BOSTON1.00$0$0$0Yes (X)
DOROTHY SERGI
APP. TR. - MFA ASSOCIATES1.00$0$0$0Yes (X)
MELISSA NOBLES
APP. TR. - MIT1.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,458,657TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$429,997TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K122IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SHAWMUT WOODWORKING
560 HARRISON AVEBOSTONMA02118CONSTRUCTION$7,265,377
US ART COMPANY
78 PACELLA PARK DRRANDOLPHMA02368ART SHIPPING AND STORAGE$1,376,720
TARIANRSIG SECURITY LLC
PO BOX 532310ATLANTAGA30350SECURITY$1,300,320
UNCONQUERABLE SECURITY SOLUTIONS PLLC
34 SILO RIDGE ROADNORTH ORLAND PARKIL60467SECURITY$1,037,805
CAMBRIDGE ASSOCIATES LLC
PO BOX 412015BOSTONMA02241INVESTMENT MANAGEMENT$948,687
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K56CntrctRcvdGreaterThan100KCnt
Membership Dues$8,198,185MembershipDuesAmt
Fundraising$107,075FundraisingAmt
Government Grants$55,000GovernmentGrantsAmt
All Other Contributions$88,000,432AllOtherContributionsAmt
Noncash Contributions$13,153,836NoncashContributionsAmt
Total Contributions$96,360,692TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMISSION713990$10,994,317$10,994,317
OTHER MISC. PROGRAM SERVICES900099$7,485,841$7,485,841
EXHIBITION713990$2,294,826$2,294,826
EDUCATION PROGRAM REVENUE611710$1,991,413$1,991,413
RESTAURANT FOOD SERVICES722511$1,914,669$1,914,669
FieldValueIRS element (for citing)
Total Program Service Revenue$24,681,066TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,634,678TotalRevenueColumnAmt
Unrelated Business Revenue$278,220UnrelatedBusinessRevenueAmt
Exclusion$8,356,458ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$6,926,036RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$1,945,079RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$4,980,957RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,980,957TotalRevenueColumnAmt
Exclusion$4,980,957ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$388,454,655SecuritiesAmt
Other$5,767,580OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$350,664,844SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$37,789,811SecuritiesAmt
Other$5,767,580OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$43,557,391TotalRevenueColumnAmt
Unrelated Business Revenue$255,575UnrelatedBusinessRevenueAmt
Exclusion$43,301,816ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$107,075ContriRptFundraisingEventAmt
Fundraising Direct Expenses$84,946FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$84,946TotalRevenueColumnAmt
Exclusion-$84,946ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$5,866,721GrossSalesOfInventoryAmt
Cost Of Goods Sold$2,683,134CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,183,587TotalRevenueColumnAmt
Related Or Exempt Func Income$3,173,176RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$10,411UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescPARKINGDesc
Business812930BusinessCd
Total Revenue Column$5,316,617TotalRevenueColumnAmt
Related Or Exempt Func Income$4,877,518RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$439,099UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Other Revenue Total$5,316,617OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$186,630,042TotalRevenueColumnAmt
Related Or Exempt Func Income$32,731,760RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$983,305UnrelatedBusinessRevenueAmt
Exclusion$56,554,285ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$4,360,342TotalAmt
Program Services$631,162ProgramServicesAmt
Management And General$3,204,321ManagementAndGeneralAmt
Fundraising$524,859FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$40,356,856TotalAmt
Program Services$20,547,287ProgramServicesAmt
Management And General$15,834,049ManagementAndGeneralAmt
Fundraising$3,975,520FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,561,639TotalAmt
Program Services$1,217,781ProgramServicesAmt
Management And General$1,087,468ManagementAndGeneralAmt
Fundraising$256,390FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$5,226,800TotalAmt
Program Services$2,958,463ProgramServicesAmt
Management And General$1,589,755ManagementAndGeneralAmt
Fundraising$678,582FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,371,506TotalAmt
Program Services$1,602,785ProgramServicesAmt
Management And General$1,431,273ManagementAndGeneralAmt
Fundraising$337,448FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$2,074,985TotalAmt
Program Services$2,074,985ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$502,550TotalAmt
Program Services$14,980ProgramServicesAmt
Management And General$487,570ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$238,786TotalAmt
Program Services$12,542ProgramServicesAmt
Management And General$226,244ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$10,453,411TotalAmt
Program Services$1,047,108ProgramServicesAmt
Management And General$9,382,956ManagementAndGeneralAmt
Fundraising$23,347FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,122,852TotalAmt
Program Services$2,536,783ProgramServicesAmt
Management And General$2,489,868ManagementAndGeneralAmt
Fundraising$96,201FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,749,782TotalAmt
Program Services$1,154,281ProgramServicesAmt
Management And General$1,595,501ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,730,250TotalAmt
Program Services$802,899ProgramServicesAmt
Management And General$878,540ManagementAndGeneralAmt
Fundraising$48,811FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$794,441TotalAmt
Program Services$14,383ProgramServicesAmt
Management And General$778,532ManagementAndGeneralAmt
Fundraising$1,526FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,848,989TotalAmt
Program Services$4,705,651ProgramServicesAmt
Management And General$1,143,338ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,042,400TotalAmt
Program Services$813,037ProgramServicesAmt
Management And General$162,116ManagementAndGeneralAmt
Fundraising$67,247FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$4,213,772TotalAmt
Program Services$3,357,733ProgramServicesAmt
Management And General$856,039ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$22,272,934TotalAmt
Program Services$20,725,029ProgramServicesAmt
Management And General$1,524,342ManagementAndGeneralAmt
Fundraising$23,563FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,779,120TotalAmt
Program Services$755,455ProgramServicesAmt
Management And General$1,023,665ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
UBIT TAX$89,665$89,665
PURCHASE WORKS OF ART$10,566,366$0$10,566,366$0
OTHER GENERAL & ADMINIS$7,418,466$4,294,123$2,081,727$1,042,616
EXHIBITIONS & SPECIAL$4,608,888$4,608,888

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,924,818TotalAmt
Program Services$580,562ProgramServicesAmt
Management And General$3,271,359ManagementAndGeneralAmt
Fundraising$72,897FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$141,309,618TotalAmt
Program Services$82,809,887ProgramServicesAmt
Management And General$51,350,724ManagementAndGeneralAmt
Fundraising$7,149,007FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$65,972,295BOYAmt
EOY$42,299,203EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$81,683,613BOYAmt
EOY$116,976,195EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$81,840,548BOYAmt
EOY$90,103,328EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,105,244BOYAmt
EOY$1,036,336EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$1,555,384BOYAmt
EOY$1,483,440EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,619,910BOYAmt
EOY$1,669,862EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$725,992,622LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$449,202,583LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$283,306,414BOYAmt
EOY$276,790,039EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$570,871,477BOYAmt
EOY$637,437,017EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$366,238,712BOYAmt
EOY$407,555,675EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$9,869,983BOYAmt
EOY$9,022,669EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,464,063,580BOYAmt
EOY$1,584,373,764EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$16,752,084BOYAmt
EOY$15,108,054EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$4,665,078BOYAmt
EOY$2,026,375EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$99,854,018BOYAmt
EOY$99,864,835EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$5,067,379BOYAmt
EOY$3,525,170EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$35,188,599BOYAmt
EOY$37,842,909EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$161,527,158BOYAmt
EOY$158,367,343EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$180,269,574BOYAmt
EOY$185,382,030EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,122,266,848BOYAmt
EOY$1,240,624,391EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,302,536,422BOYAmt
EOY$1,426,006,421EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,464,063,580BOYAmt
EOY$1,584,373,764EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$45,320,424ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$75,767,856NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$252,626DonatedServicesAndUseFcltsAmt
Other Changes In Net Assets$2,129,093OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$62,410,288CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$60,830,658CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$62,367,673CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$76,285,128CurrentTaxYearMinus1YearAmt
Current Tax Year$96,360,692CurrentTaxYearAmt
Total$358,254,439TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$62,410,288CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$60,830,658CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$62,367,673CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$76,285,128CurrentTaxYearMinus1YearAmt
Current Tax Year$96,360,692CurrentTaxYearAmt
Total$358,254,439TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$41,370,260SubstantialContributorsTotAmt
Public Support Total170$316,884,179PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,391,779CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,271,478CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,503,478CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,948,797CurrentTaxYearMinus1YearAmt
Current Tax Year$15,277,571CurrentTaxYearAmt
Total$62,393,103TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,907,745CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$797,600CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$544,696CurrentTaxYearMinus1YearAmt
Current Tax Year$426,975CurrentTaxYearAmt
Total$3,677,016TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,205,837CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,312,931CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,110,841CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,897,685CurrentTaxYearMinus1YearAmt
Current Tax Year$4,986,475CurrentTaxYearAmt
Total$18,513,769TotalAmt
FieldValueIRS element (for citing)
Total Support$442,838,327TotalSupportAmt
Gross Receipts Rltd Activities$123,589,238GrossReceiptsRltdActivitiesAmt
Public Support CY1700.71560PublicSupportCY170Pct
Public Support PY1700.73590PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$783,417,269BeginningYearBalanceAmt
Contributions$40,418,978ContributionsAmt
Investment Earnings Or Losses$53,052,125InvestmentEarningsOrLossesAmt
Other Expenditures$34,507,561OtherExpendituresAmt
Administrative Expenses$9,089,086AdministrativeExpensesAmt
End Year Balance$833,291,725EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$731,669,410BeginningYearBalanceAmt
Contributions$17,593,008ContributionsAmt
Investment Earnings Or Losses$52,841,319InvestmentEarningsOrLossesAmt
Other Expenditures$11,350,379OtherExpendituresAmt
Administrative Expenses$7,305,233AdministrativeExpensesAmt
End Year Balance$783,417,269EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$703,387,703BeginningYearBalanceAmt
Contributions$16,830,693ContributionsAmt
Investment Earnings Or Losses$27,713,539InvestmentEarningsOrLossesAmt
Other Expenditures$11,534,871OtherExpendituresAmt
Administrative Expenses$4,727,654AdministrativeExpensesAmt
End Year Balance$731,669,410EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$792,806,414BeginningYearBalanceAmt
Contributions$47,501,355ContributionsAmt
Investment Earnings Or Losses-$116,316,549InvestmentEarningsOrLossesAmt
Other Expenditures$14,360,849OtherExpendituresAmt
Administrative Expenses$6,242,668AdministrativeExpensesAmt
End Year Balance$703,387,703EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$616,774,648BeginningYearBalanceAmt
Contributions$27,970,520ContributionsAmt
Investment Earnings Or Losses$173,481,226InvestmentEarningsOrLossesAmt
Other Expenditures$13,312,406OtherExpendituresAmt
Administrative Expenses$12,107,574AdministrativeExpensesAmt
End Year Balance$792,806,414EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.01900BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.47530PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.50570TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$23,662,651OtherCostOrOtherBasisAmt
Book Value$23,662,651BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$623,207,338OtherCostOrOtherBasisAmt
Depreciation$384,245,377DepreciationAmt
Book Value$238,961,961BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$73,998,264OtherCostOrOtherBasisAmt
Depreciation$64,957,206DepreciationAmt
Book Value$9,041,058BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,124,369OtherCostOrOtherBasisAmt
Book Value$5,124,369BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$276,790,039TotalBookValueLandBuildingsAmt

Closely Held Equity Interests CloselyHeldEquityInterestsGrp

FieldValueIRS element (for citing)
Book Value$381,896,022BookValueAmt
Method ValuationFMethodValuationCd

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescBENEFICIAL INTEREST IN PERPETUAL TRUSTSDesc
Book Value$25,659,653BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$407,555,675TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
LINE OF CREDIT$20,475,000
ASSET RETIREMENT OBLIGATION$10,134,469
LIABILITY -INTEREST RATE SWAP$2,964,080
OTHER LIABILITIES -DEFERRED SAVINGS PLAN$4,269,360
FieldValueIRS element (for citing)
Total Liability$37,842,909TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$260,404,695TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$75,767,856NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$252,626DonatedServicesAndUseFcltsAmt
Other Revenue$6,843,257OtherRevenueAmt
Revenue Not Reported$82,863,739RevenueNotReportedAmt
Revenue Subtotal$177,540,956RevenueSubtotalAmt
Investment Expenses Not Incld$9,089,086InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$9,089,086RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$186,630,042TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$136,933,693TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$4,713,159OtherExpensesIncludedAmt
Expenses Not Reported$4,713,159ExpensesNotReportedAmt
Expenses Subtotal$132,220,534ExpensesSubtotalAmt
Investment Expenses Not Incld2$9,089,084InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$9,089,084ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$141,309,618TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:THE MUSEUM OF FINE ARTS, BOSTON WAS FOUNDED IN 1870 FOR THE PURPOSES OF "ERECTING A MUSEUM FOR THE PRESERVATION AND EXHIBITION OF WORKS OF ART, OF MAKING, MAINTAINING AND EXHIBITING COLLECTIONS OF SUCH WORKS, AND OF AFFORDING INSTRUCTION IN THE FINE ARTS." THE COLLECTIONS ARE CENTRAL TO THE MUSEUM'S ENDEAVORS, AND TO FOSTERING THE UNDERSTANDING AND ENJOYMENT OF ORIGINAL WORKS OF ART. THE MUSEUM IS ONE OF THE WORLD'S GREAT ENCYCLOPEDIC INSTITUTIONS AND AS SUCH, ACTIVELY COLLECTS WORKS OF ART FROM ALL TIME-PERIODS AND ACROSS ALL CONTINENTS. ALL THE WORKS OF ART CONTRIBUTE TO THE MUSEUM'S GUIDED TOURS, LECTURES, FILMS, GALLERY TALKS, CONCERTS, ARTS FESTIVALS, EDUCATION PROGRAMS, INTER-MUSEUM LOANS, AND PERMANENT, TEMPORARY AND TRAVELING EXHIBITIONS, WHICH FULFILL ITS MISSION.
PART V, LINE 4:THE MUSEUM'S ENDOWMENT SUPPORTS THE MISSION OF THE MUSEUM, INCLUDING THE PRESERVATION, EXHIBITION AND MAINTENANCE OF THE MUSEUM'S COLLECTION, AS WELL AS VARIOUS EDUCATION PROGRAMS OF THE MUSEUM. THE MUSEUM'S ENDOWMENT CONSISTS OF APPROXIMATELY 700 INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS.
PART X, LINE 2:THE MUSEUM IS A NON-PROFIT ORGANIZATION DESCRIBED UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3) AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC SECTION 501(A). MEP IS AN INACTIVE FOR-PROFIT CORPORATION SUBJECT TO INCOME TAXES.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN FAIR VALUE OF SPLIT INTEREST AGREEMENTS 844,108. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT -770,010. COST OF SALES - MERCHANDISING OPERATIONS 2,683,134. RENTAL EXPENSES -DEPRECIATION 1,945,079. DIRECT EVENT EXPENSES 84,946. COLLECTION CENTER TRANSFER 2,056,000.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF SALES - MERCHANDISING OPERATIONS 2,683,134. RENTAL EXPENSES -DEPRECIATION 1,945,079. DIRECT EVENT EXPENSES 84,946.
PART III, LINE 1A:IN ACCORDANCE WITH THE GENERAL PRACTICE OF ART MUSEUMS, WORKS OF ART COSTS ARE CHARGED DIRECTLY TO THE FUNDS AVAILABLE FOR SUCH PURPOSES AND ARE NOT CAPITALIZED; THE VALUE OF OBJECTS ACQUIRED THROUGH GIFTS CANNOT BE REASONABLY ESTIMATED AND, THEREFORE, ARE NOT RECORDED IN THE STATEMENT OF ACTIVITIES.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARRIBEAN00INVESTMENTN/A$300,161,852
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM00INVESTMENTN/A$21,181,588
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$321,343,440SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$321,343,440TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ART IN BLOOMEvent1Nm
Gross Receipts Event1$107,075GrossReceiptsEvent1Amt
Charitable Contri Event1$107,075CharitableContriEvent1Amt
Other Direct Expenses Event1$84,946OtherDirectExpensesEvent1Amt
Gross Receipts Total$107,075GrossReceiptsTotalAmt
Charitable Contributions Tot$107,075CharitableContributionsTotAmt
Oth Direct Expnss Total Events$84,946OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$84,946DirectExpenseSummaryEventsAmt
Net Income Summary-$84,946NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MATTHEW TEITELBAUM
ANN & GRAHAM GUND DIRECTOR$962,576$0$125,000$0$57,140$0$27,600$0$20,067$0$1,192,383$0$0$0
ERIC WOODS
CHIEF OPERATING OFFICER$416,333$0$0$0$104,061$0$27,600$0$8,605$0$556,599$0$0$0
CAMERAN MASON
CHIEF EXTERNAL RELATIONS$462,904$0$0$0$0$0$27,600$0$24,295$0$514,799$0$0$0
CATHERINE VANDENABEELE
CHIEF FINANCIAL OFFICER$407,796$0$0$0$0$0$27,600$0$2,252$0$437,648$0$0$0
PIERRE TERJANIAN
CHIEF OF CURATORIAL AFFAIR$306,767$0$0$0$0$0$30,368$0$21,504$0$358,639$0$0$0
EMILY BLUMENTHAL
CHIEF OF STAFF$260,185$0$0$0$0$0$16,287$0$23,146$0$299,618$0$0$0
DEBRA LAKIND
SR DIR, IP & BUSINESS DEVE$222,461$0$0$0$0$0$20,021$0$23,753$0$266,235$0$0$0
JANE O'REILLY-CORCORAN
DIR. OF HUMAN RESOURCES$236,103$0$0$0$0$0$18,532$0$9,166$0$263,801$0$0$0
CHRISTOPHER FOX
DIR. OF TREASURY MANAGEMEN$219,609$0$0$0$0$0$17,569$0$19,178$0$256,356$0$0$0
EDWARD SAYWELL
CHAIR, PRINTS AND DRAWINGS$222,461$0$0$0$0$0$17,797$0$13,860$0$254,118$0$0$0
ELLEN J REYNOLDS
DIRECTOR OF DEVELOPMENT$228,165$0$0$0$0$0$18,253$0$1,812$0$248,230$0$0$0
DARCY-TELL MORALES
CHIEF OF LEARNING & COMMUNITY EGMT$187,096$0$15,000$0$25,000$0$0$0$13,132$0$240,228$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AA TAXABLE LIVING ALLOWANCE OF $50,000 WAS PAID TO MATTHEW TEITELBAUM BASED ON THE EMPLOYMENT CONTRACT. TAXABLE COMPANION TRAVEL EXPENSE OF $7,140 WAS INCLUDED IN OTHER REPORTABLE COMPENSATION. PART I, LINE 1B: TRAVEL FOR COMPANIONS IS PERMITTED ONLY IF IT IS FOR BONA FIDE BUSINESS PURPOSES DIRECTLY BENEFITTING THE MUSEUM AND WITH PRIOR APPROVAL BY THE DIRECTOR, OR DIRECTOR'S DESIGNEE, OR CHAIR OR PRESIDENT OF THE BOARD OF TRUSTEES. EXCEPT UNDER VERY RARE CONDITIONS, REIMBURSEMENT OF A COMPANION WILL CONSTITUTE TAXABLE INCOME TO THE TRAVELER.
PART I, LINE 4ATHE ORGANIZATION PAID SEVERANCE AND SOME COBRA BENEFITS TO THE FORMER CHIEF OPERATING OFFICER, ERIC WOODS, PURSUANT TO THE TERMS OF A WRITTEN EMPLOYMENT AGREEMENT.
PART I, LINE 7NON-FIXED AND DISCRETIONARY BONUSES WERE PAID TO THE FOLLOWING DURING CALENDAR YEAR 2024: MATTHEW TEITELBAUM: $125,000 THE BONUS FOR MATTHEW TEITELBAUM WAS BOARD APPROVED. DARCEY-TELL MORALES : $15,000 SIGNING BONUS AND $25,000 RELOCATION ASSISTANCE.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1MASS HEALTH AND EDUCATIONAL FACILITIES AUTHORITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN042456011BondIssuerEIN
CUSIP57586CL29CUSIPNum
Bond Issued2007-12-13BondIssuedDt
Issue Price$185,000,000IssuePriceAmt
PurposeNEW MONEY FOR CONSTRUCTIONPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$85,135,165RetiredAmt
Total Proceeds$185,000,000TotalProceedsAmt
Issuance Costs From Proceeds$1,132,895IssuanceCostsFromProceedsAmt
Working Capital Expenditures$183,867,105WorkingCapitalExpendituresAmt
Substantial Completion2010SubstantialCompletionYr
Refunding Tax Exempt Bonds0RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease ArrangementsYes (1)AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropYes (1)MgmtContractBondFincdPropInd
Engage Bond Counsel ContractsYes (1)EngageBondCounselContractsInd
Any Research Agreements0AnyResearchAgreementsInd
Private Bus Use By Others0.00000PrivateBusUseByOthersPct
Private Bus Concerning UBI0.00000PrivateBusConcerningUBIPct
Total Private Business Use0.00000TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To RebateYes (1)ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate IssueYes (1)VariableRateIssueInd
Hedge Identified In Bks And RecYes (1)HedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

FieldValueIRS element (for citing)
Business Name Line1BANK OF AMERICABusinessNameLine1Txt
FieldValueIRS element (for citing)
Term Of Hedge20.000000000000TermOfHedgePct
Superintegrated Hedge0SuperintegratedHedgeInd
Hedge Terminated0HedgeTerminatedInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART VI, SUPPLEMENTAL INFORMATION:PART I - BOND ISSUES, LINE A: COLUMN (C) ADDITIONAL CUSIP #57586CK95
PART IV - ARBITRAGE, LINE 2B:THE MUSEUM'S BOND ISSUANCE IS NOT EXEMPTED FROM REBATE ANALYSIS. THE MUSEUM DID HAVE AN INDEPENDENT THIRD PARTY SPECIALIZING IN PERFORMING REBATE CALCULATION PERFORM THE CALCULATION AND DETERMINED THAT THE BOND QUALIFIED FOR AN EXCEPTION TO REBATE SET FORTH IN REGULATION SECTION 1.148-7. THE SCHEDULE K CALCULATION WAS PERFORMED BY AN INDEPENDENT THIRD PARTY WHICH SPECIALIZES IN PERFORMING THESE CALCULATIONS. THE FACTS AND CIRCUMSTANCE HAVE NOT CHANGED TO MATERIALLY AFFECT THE CALCULATION IN THE CURRENT PERIOD. THE MUSEUM'S BONDS WERE ISSUED IN DECEMBER 2007 AND MATURE IN 2037, A THIRTY YEAR PERIOD. THE PERCENTAGE CALCULATED AS PRIVATE BUSINESS USE IS FOR THE CURRENT FISCAL YEAR SPANNING JULY 1, 2024 THROUGH JUNE 30, 2025. THE OVERALL MEASUREMENT PERIOD FOR THE PRIVATE BUSINESS USE IS MEASURED OVER THE ENTIRE THIRTY YEAR TERM OF THE BONDS.

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution81ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
Method Of Determining RevenuesNOT RECORDED PER F/SMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution96ContributionCnt
Noncash Contributions Rpt F990$13,153,836NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 33:FormAndLineReferenceDesc
ExplanationIN ACCORDANCE WITH THE GENERAL PRACTICE OF ART MUSEUMS, THE COST OF WORKS OF ART ARE CHARGED DIRECTLY TO THE FUNDS AVAILABLE FOR SUCH PURPOSES AND ARE NOT CAPITALIZED. THE VALUE OF OBJECTS ACQUIRED BY GIFT CANNOT BE REASONABLY ESTIMATED, AND THEREFORE ARE NOT RECORDED IN THE CONSOLIDATED STATEMENT OF ACTIVITIES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1 AND PART III, LINE 1:THE MUSEUM OF FINE ARTS HOUSES AND PRESERVES PREEMINENT COLLECTIONS AND ASPIRES TO SERVE A WIDE VARIETY OF PEOPLE THROUGH DIRECT ENCOUNTERS WITH WORKS OF ART. THE MUSEUM AIMS FOR THE HIGHEST STANDARDS OF QUALITY IN ALL ITS ENDEAVORS. IT SERVES AS A RESOURCE FOR BOTH THOSE WHO ARE ALREADY FAMILIAR WITH ART AND THOSE FOR WHOM ART IS A NEW EXPERIENCE. THROUGH EXHIBITIONS, PROGRAMS, RESEARCH AND PUBLICATIONS, THE MUSEUM DOCUMENTS AND INTERPRETS ITS OWN COLLECTIONS. IT PROVIDES INFORMATION AND PERSPECTIVE ON ART THROUGH TIME AND THROUGHOUT THE WORLD. THE MUSEUM HOLDS ITS COLLECTIONS IN TRUST FOR FUTURE GENERATIONS. IT ASSUMES CONSERVATION AS A PRIMARY RESPONSIBILITY, WHICH REQUIRES CONSTANT ATTENTION TO PROVIDING A PROPER ENVIRONMENT FOR WORKS OF ART AND ARTIFACTS. COMMITTED TO ITS VAST HOLDINGS, THE MUSEUM NONETHELESS RECOGNIZES THE NEED TO IDENTIFY AND EXPLORE NEW AND NEGLECTED AREAS OF ART. IT SEEKS TO ACQUIRE ART OF THE PAST AND PRESENT WHICH IS VISUALLY SIGNIFICANT AND EDUCATIONALLY MEANINGFUL. THE MUSEUM HAS OBLIGATIONS TO THE PEOPLE OF BOSTON AND NEW ENGLAND, ACROSS THE NATION AND ABROAD. IT CELEBRATES DIVERSE CULTURES AND WELCOMES NEW AND BROADER CONSTITUENCIES. THE MUSEUM IS A PLACE IN WHICH TO SEE AND TO LEARN. IT STIMULATES IN ITS VISITORS A SENSE OF PLEASURE, PRIDE AND DISCOVERY, WHICH PROVIDES AESTHETIC CHALLENGES AND LEADS TO A GREATER CULTURAL AWARENESS AND DISCERNMENT. THE MUSEUM CREATES EDUCATIONAL OPPORTUNITIES FOR VISITORS AND ACCOMMODATES A WIDE RANGE OF EXPERIENCES AND LEARNING STYLES. THE MUSEUM'S ULTIMATE AIM IS TO ENCOURAGE INQUIRY AND TO HEIGHTEN PUBLIC UNDERSTANDING AND APPRECIATION OF THE VISUAL WORLD.
FORM 990, PART VI, SECTION B, LINE 11BTHE AUDIT COMMITTEE REVIEWS THE FORM 990, EXCLUDING SCHEDULE B, DURING A COMMITTEE MEETING. SCHEDULE B IS PROVIDED TO, AND REVIEWED BY, A SUB-GROUP OF THE AUDIT COMMITTEE COMPRISED OF THE AUDIT COMMITTEE CHAIR, CHAIR OF THE BOARD OF TRUSTEES, AND THE PRESIDENT OF THE BOARD. FORM 990 IS REVIEWED AND APPROVED PRIOR TO THE REVIEW BY THE FULL BOARD OF TRUSTEES. THE REVIEW IS REPORTED TO THE BOARD AND THE FORM 990, EXCLUDING SCHEDULE B, IS MADE AVAILABLE TO THE BAORD OF TRUSTEES VIA THE INTRANET.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST BY COMPLETING AND SIGNING A QUESTIONNAIRE ANNUALLY; IT IS THE RESPONSIBILITY OF THE MEMBERS TO DISCLOSE SUCH INTERESTS. COMPLETION OF THESE FORMS ARE TRACKED AND REVIEWED BY THE MUSEUM. PERIODIC REVIEWS ARE CONDUCTED TO ENSURE THAT THE ORGANIZATION IS OPERATING IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION IS DETERMINED AND APPROVED BY THE BOARD.
FORM 990, PART VI, SECTION C, LINE 18THE MUSEUM'S FULL FINANCIAL STATEMENTS ARE AVAILABLE ON THE COMMONWEALTH OF MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE, GUIDESTAR.ORG, AND THE MUSEUM'S WEBSITE (WWW.MFA.ORG). IN ADDITION, FORMS 990 AS WELL AS THE FINANCIAL STATEMENTS AND CONFLICTS OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION.
FORM 990, PART VI, SECTION C, LINE 19THE MUSEUM'S FULL FINANCIAL STATEMENTS ARE AVAILABLE ON THE COMMONWEALTH OF MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE, GUIDESTAR.ORG, AND THE MUSEUM'S WEBSITE (WWW.MFA.ORG).
FORM 990, PART XI, LINE 9:CHANGE IN FAIR VALUE OF SPLIT INTEREST AGREEMENTS 844,108. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT -770,010. TRANSFER 2,054,995.
PART XII, LINE 2C:THE MUSEUM DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationInd
MUSEUM ENTERPRISE PARTNERS INC
465 HUNTINGTON AVEBOSTONMA02115043554307SALES OF ART AND RELATEDDEMUSEUM OF FINE ARTSC$36,5731.00000Yes (1)
CHARITABLE REMAINDER UNITRUST
465 HUNTINGTON AVEBOSTONMA02115N/AMATYes (1)
CHARITABLE REMAINDER ANNUITY TRUST
465 HUNTINGTON AVEBOSTONMA02115N/AMATYes (1)
PERPETUAL TRUST
465 HUNTINGTON AVEBOSTONMA02115N/AMATYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd