DENVER ART MUSEUM
Income Statement
Fiscal Year Start:
Oct 1
Revenues in 2024
$41,968,354
Government Grants
30%
Other
28%
Contributions
18%
Program Services
11%
Membership Dues
8%
Fundraising Events
3%
Investments
2%
Expenses in 2024
$59,114,464
Salaries & Benefits
43%
Other
34%
Depreciation
15%
Fees to Service Providers
5%
Offices, Occupancy & IT
4%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$11,232,804
$7,461,359
-34%
Government Grants
$12,801,515
$12,675,229
-1%
Fundraising Events
$1,059,940
$1,107,120
+4%
Program Services
$3,937,213
$4,748,359
+21%
Membership Dues
$3,066,661
$3,195,970
+4%
Investments
$1,029,543
$1,001,696
-3%
Other
$11,606,644
$11,778,621
+1%
Total Revenues
$44,734,320
$41,968,354
-6%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$24,204,992
$25,555,916
+6%
Fees to Service Providers
$2,083,538
$2,862,636
+37%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$2,334,823
$2,106,597
-10%
Interest
$0
$0
-
Depreciation
$8,717,565
$8,722,192
+0%
Other
$15,771,263
$19,867,123
+26%
Total Expenses
$53,112,181
$59,114,464
+11%
Net income
2023
2024
Change
Net income
-$8,377,861
-$17,146,110
-105%
Functional Expenses
Summary
2023
2024
Change
Program
$40,709,792
$45,816,218
+13%
Admin
$10,313,566
$11,274,722
+9%
Fundraising
$2,088,823
$2,023,524
-3%
Total Expenses
$53,112,181
$59,114,464
+11%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)