QUEENS MUSEUM OF ART
QUEENS MUSEUM OF ART
QUEENS MUSEUM OF ART
Income Statement
Fiscal Year Start:
Jul 1
Data visualization unavailable
Revenues in 2024
$6,423,086
Contributions
N/A
Government Grants
N/A
Fundraising Events
N/A
Program Services
N/A
Membership Dues
N/A
Investments
N/A
Expenses in 2024
$7,292,147
Salaries & Benefits
63%
Depreciation
17%
Fees to Service Providers
8%
Other
6%
Offices, Occupancy & IT
4%
Interest
1%
Grants
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,398,643
$3,102,980
+29%
Government Grants
$3,495,136
$2,905,382
-17%
Fundraising Events
$369,755
$299,029
-19%
Program Services
$70,879
$134,295
+89%
Membership Dues
$0
$27,000
-
Investments
$4,747
$2,238
-53%
Other
-$148,035
-$47,838
-68%
Total Revenues
$6,191,125
$6,423,086
+4%
Expenses
2023
2024
Change
Grants
$25,223
$25,000
-1%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,588,529
$4,620,025
+1%
Fees to Service Providers
$997,167
$577,035
-42%
Advertising & Promotion
$1,785
$3,164
+77%
Offices, Occupancy & IT
$275,273
$311,573
+13%
Interest
$13,907
$103,565
+645%
Depreciation
$1,168,486
$1,215,288
+4%
Other
$738,363
$436,497
-41%
Total Expenses
$7,808,733
$7,292,147
-7%
Net income
2023
2024
Change
Net income
-$1,617,608
-$869,061
+46%
Functional Expenses
Summary
2023
2024
Change
Program
$5,532,680
$5,396,207
-2%
Admin
$1,731,857
$1,436,666
-17%
Fundraising
$544,196
$459,274
-16%
Total Expenses
$7,808,733
$7,292,147
-7%
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