MUSEUM OF THE BIBLE
MUSEUM OF THE BIBLE
MUSEUM OF THE BIBLE
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$62,767,819
Contributions
58%
Program Services
23%
Other
14%
Fundraising Events
5%
Investments
<1%
Government Grants
0%
Membership Dues
0%
Expenses in 2024
$72,258,280
Depreciation
27%
Salaries & Benefits
23%
Other
17%
Fees to Service Providers
17%
Offices, Occupancy & IT
8%
Advertising & Promotion
6%
Grants
<1%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$45,393,190
$36,454,395
-20%
Government Grants
$0
$0
-
Fundraising Events
$2,139,722
$3,152,995
+47%
Program Services
$10,392,387
$14,532,043
+40%
Membership Dues
$0
$0
-
Investments
$5,337
$15,723
+195%
Other
-$1,940,730
$8,612,663
-544%
Total Revenues
$55,989,906
$62,767,819
+12%
Expenses
2023
2024
Change
Grants
$411,000
$400,000
-3%
Benefits to Members
$0
$0
-
Salaries & Benefits
$16,039,844
$16,819,917
+5%
Fees to Service Providers
$10,393,723
$12,137,099
+17%
Advertising & Promotion
$6,723,755
$4,693,614
-30%
Offices, Occupancy & IT
$6,344,459
$5,992,438
-6%
Interest
$87,884
$145,451
+66%
Depreciation
$19,446,779
$19,662,611
+1%
Other
$8,026,192
$12,407,150
+55%
Total Expenses
$67,473,636
$72,258,280
+7%
Net income
2023
2024
Change
Net income
-$11,483,730
-$9,490,461
+17%
Functional Expenses
Summary
2023
2024
Change
Program
$51,964,191
$58,435,237
+12%
Admin
$10,703,845
$10,207,098
-5%
Fundraising
$4,805,600
$3,615,945
-25%
Total Expenses
$67,473,636
$72,258,280
+7%
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