NATIONAL MUSEUM OF MEXICAN ART FKA MEXICAN FINE ARTS CENTER MUSEUM

NATIONAL MUSEUM OF MEXICAN ART FKA MEXICAN FINE ARTS CENTER MUSEUM

Chicago, IL, US
501(c)3
EIN
36-3225519

NATIONAL MUSEUM OF MEXICAN ART FKA MEXICAN FINE ARTS CENTER MUSEUM

Chicago, IL, US
501(c)3
EIN
36-3225519

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2024

$8,002,285

Government Grants
46%
Contributions
35%
Fundraising Events
6%
Program Services
5%
Investments
5%
Other
3%
Membership Dues
<1%
Expenses in 2024

$7,977,724

Salaries & Benefits
48%
Other
31%
Depreciation
8%
Offices, Occupancy & IT
7%
Fees to Service Providers
5%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$5,387,107
$2,819,185
-48%
Government Grants
$4,445,878
$3,666,539
-18%
Fundraising Events
$506,649
$450,000
-11%
Program Services
$360,240
$417,940
+16%
Membership Dues
$25,996
$21,271
-18%
Investments
$441,216
$414,057
-6%
Other
$97,107
$213,293
+120%
Total Revenues
$11,264,193
$8,002,285
-29%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$3,466,988
$3,796,989
+10%
Fees to Service Providers
$332,171
$373,366
+12%
Advertising & Promotion
$78,329
$57,697
-26%
Offices, Occupancy & IT
$476,088
$594,102
+25%
Interest
$16,619
$27,368
+65%
Depreciation
$593,231
$654,195
+10%
Other
$2,686,109
$2,474,007
-8%
Total Expenses
$7,649,535
$7,977,724
+4%
Net income
2023
2024
Change
Net income
+$3,614,658
+$24,561
-99%
Functional Expenses
Summary
2023
2024
Change
Program
$5,931,730
$6,128,615
+3%
Admin
$1,033,556
$1,269,175
+23%
Fundraising
$684,249
$579,934
-15%
Total Expenses
$7,649,535
$7,977,724
+4%
Income Statement
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