Overview

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Est.

1990

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC is a contemporary art museum foundation focused on the creation and operation of a world-class contemporary art museum, with related activities spanning arts education, visual arts, artist services, arts administration, and cultural programming. In filing year 2024, it reported an operating budget of $20.5M and total revenue of $18.3M, with major support from Barr Foundation, FIDELITY NON-PROFIT MANAGEMENT FOUNDATION, and FIDELITY FOUNDATION.

Mission Statement

CREATION AND OPERATION OF WORLD CLASS CONTEMPORARY ART MUSEUM AND SECURING RELATED FUNDING.
Revenues
$18.3M
Expenses
$20.7M
Net Income:
-$2.3M
Assets
$86.3M
Liabilities
$4.7M
Net Assets:
+$81.6M
Operating Budget
$20.5M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
40
Median grant size
$25K
Largest grant received
$3M
S
Steve Jenks
Board Member
H
Hans Ulrich Obrist
Board Member
L
Libby Wadsworth
Board Member
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  • 132 funders
  • 85 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC’s budget?
In 2024, MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC reported an annual operating budget of around $20.5 million. More detailed financial information is available to registered users.
What causes does MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC support?
MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC supports work in Artist's services, Arts administration, Arts education, Arts exchange, Cultural awareness, Folk arts, Historic preservation, Art history, Art museums, Performing arts, Public arts, Visual arts, Corporate social responsibility, Social enterprise, Tourism, Rural development, Bicycling and pedestrian-oriented development, Green building, Sustainable development, Philanthropy, Festivals, and Business education.
Where does MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC operate?
MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC is headquartered in NORTH ADAMS, MA.
Who funded MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC recently?
In 2025, MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC received grants from COMMUNITY FOUNDATION OF WESTERN MASSACHUSETTS, Boston Foundation, Inc, and Boston Foundation, Inc. More information on this organization’s funders is available to registered users.
What is the largest grant MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC received in 2024?
The largest grant to MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC in 2024 exceeds $3 million.
What is MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC’s reliance on government grants?
MASSACHUSETTS MUSEUM OF CONTEMPORARY ART FOUNDATION INC relied on government grants for less than 5% of their total revenue in 2024.