Civic Intelligence

Currier Gallery of Art

EIN 02-0223322 • 501(c)3 • Manchester, NH

View Organization Page

Profile

Focused on Art, Centered in Community, Committed to Inspire.The Currier Museum of Art facilitates meaningful encounters with art through its collection, exhibits, programs, art classes, and artists-in-residence.

150 Ash StreetManchester, NH 03104

www.currier.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

9th percentile

0.01x

Higher debt load relative to assets than 9% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.10x

Higher debt load relative to revenue than 20% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

7th percentile

-31%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

25th percentile

$226,713

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

45th percentile

4.7%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

23%

Faster revenue growth than 74% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets9th percentile

Assets

Up

$97,522,913

Up $4,348,183 (+4.7%) from 2023

Liabilities

Down

$553,774

Down $229,562 (-29%) from 2023

Net Assets

Up

$96,969,139

Up $4,577,745 (+5.0%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin7th percentile

Revenue

Up

$5,751,913

Up $1,070,566 (+23%) from 2023

Expenses

Down

$7,534,464

Down $2,878,501 (-28%) from 2023

Net Income

Up

-$1,782,551

Up $3,949,067 (+69%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth45th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2010: $96,421,919Liabilities 2010: $9,695,151Net Assets 2010: $86,726,7682010Assets 2011: $105,314,448Liabilities 2011: $9,336,318Net Assets 2011: $95,978,1302011Assets 2012: $100,766,013Liabilities 2012: $9,038,165Net Assets 2012: $91,727,8482012Assets 2013: $102,804,067Liabilities 2013: $7,864,223Net Assets 2013: $94,939,8442013Assets 2014: $103,961,888Liabilities 2014: $316,269Net Assets 2014: $103,645,6192014Assets 2015: $101,474,323Liabilities 2015: $328,375Net Assets 2015: $101,145,9482015Assets 2016: $92,130,994Liabilities 2016: $372,298Net Assets 2016: $91,758,6962016Assets 2017: $97,811,968Liabilities 2017: $379,828Net Assets 2017: $97,432,1402017Assets 2018: $98,719,337Liabilities 2018: $366,536Net Assets 2018: $98,352,8012018Assets 2019: $97,253,706Liabilities 2019: $422,535Net Assets 2019: $96,831,1712019Assets 2020: $89,065,408Liabilities 2020: $903,026Net Assets 2020: $88,162,3822020Assets 2021: $107,852,000Liabilities 2021: $395,539Net Assets 2021: $107,456,4612021Assets 2022: $92,344,716Liabilities 2022: $572,958Net Assets 2022: $91,771,7582022Assets 2023: $93,174,730Liabilities 2023: $783,336Net Assets 2023: $92,391,3942023Assets 2024: $97,522,913Liabilities 2024: $553,774Net Assets 2024: $96,969,1392024

Highlighted filing

2024

Assets$97,522,913
Liabilities$553,774
Net Assets$96,969,139
Open 2024 Filing

Operations Trend

Revenue Growth74th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0M-$10MExpenses 2010: $6,437,0912010Expenses 2011: $7,156,8922011Expenses 2012: $6,135,4932012Revenue 2013: $10,272,785Expenses 2013: $10,701,217Net Income 2013: -$428,4322013Revenue 2014: $4,693,873Expenses 2014: $6,725,719Net Income 2014: -$2,031,8462014Revenue 2015: $7,056,487Expenses 2015: $6,717,434Net Income 2015: $339,0532015Revenue 2016: $5,316,915Expenses 2016: $8,300,005Net Income 2016: -$2,983,0902016Revenue 2017: $8,620,877Expenses 2017: $6,747,267Net Income 2017: $1,873,6102017Revenue 2018: $11,374,029Expenses 2018: $8,741,355Net Income 2018: $2,632,6742018Revenue 2019: $4,816,863Expenses 2019: $8,245,807Net Income 2019: -$3,428,9442019Revenue 2020: $8,793,024Expenses 2020: $11,600,633Net Income 2020: -$2,807,6092020Revenue 2021: $12,269,054Expenses 2021: $6,684,858Net Income 2021: $5,584,1962021Revenue 2022: $6,674,497Expenses 2022: $7,741,684Net Income 2022: -$1,067,1872022Revenue 2023: $4,681,347Expenses 2023: $10,412,965Net Income 2023: -$5,731,6182023Revenue 2024: $5,751,913Expenses 2024: $7,534,464Net Income 2024: -$1,782,5512024

Highlighted filing

2024

Revenue$5,751,913
Expenses$7,534,464
Net Income-$1,782,551
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$97,522,913
Liabilities
$553,774
Net assets
$96,969,139
Revenue
$5,751,913
Expenses
$7,534,464
Net income
-$1,782,551
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$97.5$0.55$97.0$5.75$7.53$1.78
2023Detailed filing. Detailed filing data is available for this year.$93.2$0.78$92.4$4.68$10.4$5.73
2022Detailed filing. Detailed filing data is available for this year.$92.3$0.57$91.8$6.67$7.74$1.07
2021Detailed filing. Detailed filing data is available for this year.$108$0.40$107$12.3$6.68$5.58
2020Detailed filing. Detailed filing data is available for this year.$89.1$0.90$88.2$8.79$11.6$2.81
2019Detailed filing. Detailed filing data is available for this year.$97.3$0.42$96.8$4.82$8.25$3.43
2018Detailed filing. Detailed filing data is available for this year.$98.7$0.37$98.4$11.4$8.74$2.63
2017Detailed filing. Detailed filing data is available for this year.$97.8$0.38$97.4$8.62$6.75$1.87
2016Detailed filing. Detailed filing data is available for this year.$92.1$0.37$91.8$5.32$8.30$2.98
2015Detailed filing. Detailed filing data is available for this year.$101$0.33$101$7.06$6.72$0.34
2014Detailed filing. Detailed filing data is available for this year.$104$0.32$104$4.69$6.73$2.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$103$7.86$94.9$10.3$10.7$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$101$9.04$91.7$6.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$105$9.34$96.0$7.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$96.4$9.70$86.7$6.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 2, 2025
Return Version
2023v6.0
Gross Receipts
$29,780,204
Mission and Program Overview

Mission

Focused on Art, Centered in Community, Committed to Inspire.The Currier Museum of Art facilitates meaningful encounters with art through its collection, exhibits, programs, art classes, and artists-in-residence.

Focused on art, centered in community, committed to inspire.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$53,401,654$55,559,817▲ $2,158,163
Investments in Publicly Traded Securities$22,784,088$25,596,408▲ $2,812,320
Land, Buildings, and Equipment, Net$14,682,746$14,377,448▼ $305,298
Savings and Temporary Cash Investments$1,446,384$1,151,589▼ $294,795
Cash and Non-Interest-Bearing Accounts$407,984$374,502▼ $33,482
Prepaid Expenses and Deferred Charges$138,306$217,047▲ $78,741
Pledges and Grants Receivable$235,500$183,400▼ $52,100
Inventories for Sale or Use$77,867$59,930▼ $17,937
Accounts Receivable$201$2,772▲ $2,571
Total Assets$93,174,730$97,522,913▲ $4,348,183
Liabilities
Deferred Revenue$643,108$467,357▼ $175,751
Accounts Payable and Accrued Expenses$140,228$86,417▼ $53,811
Total Liabilities$783,336$553,774▼ $229,562
Net Assets / Fund Balance
Net Assets With Donor Restrictions$75,162,633$79,882,690▲ $4,720,057
Net Assets Without Donor Restrictions$17,228,761$17,086,449▼ $142,312
Total Net Assets Fund Balance$92,391,394$96,969,139▲ $4,577,745
Total Liabilities and Net Assets / Fund Balance$93,174,730$97,522,913▲ $4,348,183

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,555,069$14,326,654$27,881,723
Equipment$803,579$4,168,530$4,972,109
Other Land Buildings$18,800-$18,800
Other Securities$1,667,823--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$72,540,575$19,395▲ $8,874,454$3,953,738$77,261,925
2022$72,709,002$76,216▲ $7,462,095$7,497,616$72,540,575
2021$86,473,091$73,120▼ $9,373,666$4,219,682$72,709,002
2020$70,028,303$171,424▲ $20,302,727$3,820,902$86,473,091
2019$77,702,460$67,003▲ $506,736$8,036,003$70,028,303
Compensation and Service Providers
Top Officer Pay25th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alan ChongFormer Director/CEOFT$65,586$161,127$226,713
Karen GrahamInterim Director/CEOFT$186,016$11,751$197,767
Charles LippmanDirector of FinanceFT$140,000-$140,000
Lorenzo FusiChief CuratorFT$105,106-$105,106
Bruce McCollDirector of EngagementFT$101,923$2,548$104,471

Board Members and Trustees

NameTitle
Stephen DupreyPresident
Jay SurdukowskiVice President
Benjamin KelleyTrustee
Carol Almeda-MorrowTrustee
Emily LeffTrustee
Jeffrey D GilbertTrustee
Jessica McKeonTrustee
John H MorisonTrustee
Laurence KnowltonTrustee
M Christine DwyerTrustee
Micheal CostaTrustee
Pamela DiamantisTrustee
Patricia WentworthTrustee
Pauline IkawaTrustee
Peter MilnesTrustee
Richard BotnikTrustee
Susan LynchTrustee
Tracy KozakTrustee
William StellingTrustee
William UptonTrustee
Anthony PooreTrustee (end 2/2023)
David JensenTrustee (end 6/2024)
Bonnie GreinerTrustee (end 9/2023)
Thomas SilviaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mount Major TechSecurity and IT services160 Dover Road Unit 11, Chichester, NH 03258$312,690
Milestone Engineering & ConstructionConstruction and renovations1 Horseshoe Pond Lane, Concord, NH 03301$305,584
Denron Hall Plumbing & HVAC LLCHVAC and plumbing605 Front Street, Manchester, NH 03102$302,088
Revenue and Support

Revenue Composition

Contributions and Grants
$1,665,162
Program Service Revenue
$516,201
Investment Income
$3,114,011
Other Revenue
$456,539
All Other Contributions
$1,217,985
Change in Net Assets
$-1,782,551

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$14,459Gift Date Fair Market Value (FMV)
Total Noncash Contributions4$14,459-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,530,860
Revenue Not Reported on Financial Statements
$221,053
Revenue Not Reported on Form 990
$6,749,496
Total Revenue per Audited Statements
$12,280,356
Total Revenue per Form 990
$5,751,913
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,875,382
Salaries, Compensation, and Employee Benefits$3,557,430
Total Fundraising Expense$982,196
Professional Fundraising Fees$82,674
Grants and Similar Amounts Paid$18,978

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,077,643$254,426$516,825$2,848,894
Depreciation Depletion$565,437$70,680$70,680$706,797
Occupancy$423,129$29,263$40,513$492,905
Office Expenses$49,936$241,981$90,165$382,082
Other Employee Benefits$173,265$42,965$31,793$248,023
Payroll Taxes$167,387$19,976$41,211$228,574
Fees for Service Investment Mgmnt Fees-$221,053-$221,053
Current Officers, Directors, Trustees, and Key Employees$144,228$17,662$35,877$197,767
Information Technology$97,503$14,910$27,416$139,829
Advertising-$97,986-$97,986
Insurance$51,258$40,059$19$91,336
Fees for Services Professional Fundraising--$82,674$82,674
Fees for Services Accounting-$54,100-$54,100
Conferences and Meetings$22,180$7,353$9,870$39,403
Pension Plan Contributions$22,928$4,669$6,575$34,172
Fees for Services Legal-$31,403-$31,403
Travel$25,972$978$39$26,989
Other Expenses$8,613$866$16,590$26,069
Grants to Domestic Individuals$18,978--$18,978
Total Functional Expenses$5,401,938$1,150,330$982,196$7,534,464

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,702,611
Total Expenses per Form 990$7,534,464
Expenses per Audited Statements$7,313,411
Expenses Not Reported on Form 990$389,200
Expenses Not Reported on Financial Statements$221,053
International Activity

International Summary

Offices
0
Employees
0
Spending
$4,118,000

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas,Investments-00$4,118,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$150,800
Gaming Gross Income$130,893
Fundraising Direct Expenses$106,888
Professional Fundraising Fees$82,674
Gaming Direct Expenses$11,250

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$339,200$150,800$29,990$120,810
Total Events$339,200$150,800$106,888$43,912
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Bonnie GreinerTrustee on Museum's BoardCurrier Museum of Art maintains multiple cash and investment accounts, including accounts held with Primary Bank. Bonnie Greiner, who serves as a Trustee on the Museum's Board, is married to William Greiner, the Chairman of the Board for Primary Bank. Transactions in fiscal year ended 6/30/2024 between the Museum and the Bank were in excess of $10,000. An exact figure cannot be stated due to daily account activity and balance changes. The accounts were active prior to Mrs. Greiner joining the Board and all transactions with Primary Bank are at fair market value for fiscal year ended 6/30/2024.No$26,241
Bonnie GreinerTrustee on Museum's BoardCurrier Museum of Art paid Royal Coachman Real Estate LLC $26,241 for chartered flights related to the Museum's annual Gala conducted during this tax year. Bonnie Greiner, who serves as a Trustee on the Museum's Board, is married to William Greiner. William Greiner is an owner of Royal Coachman Real Estate LLC. This transaction was advised by the Museum's Board and approved by the chief management personnel, and was deemed to be conducted at fair market value.No-
Pamela DiamantisTrustee on Museum's BoardCurrier Museum of Art maintains multiple cash and investment accounts, including accounts held with Primary Bank. Pamela Diamantis, who serves as a Trustee on the Museum's Board, is also a director on the Board of Primary Bank. Transactions in fiscal year ended 6/30/2024 between the Museum and the Bank were in excess of $10,000. An exact figure cannot be stated due to daily account activity and balance changes. The accounts were active prior to Ms. Diamantis joining the Board and all transactions with Primary Bank are at fair market value for fiscal year ended 6/30/2024. Ms. Diamantis has been classified as an independent Trustee.No-
Peter MilnesTrustee on Museum's BoardCurrier Museum of Art maintains multiple cash and investment accounts, including accounts held with Primary Bank. Peter Milnes, who serves as a Trustee on the Museum's Board, is also a director on the Board of Primary Bank. Transactions in fiscal year ended 6/30/2024 between the Museum and the Bank were in excess of $10,000. An exact figure cannot be stated due to daily account activity and balance changes. The accounts were active prior to Mr. Milnes joining the Board and all transactions with Primary Bank are at fair market value for fiscal year ended 6/30/2024. Mr. Milnes has been classified as an independent Trustee.No-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

“Pamela Diamantis and Peter Milnes, who all serve on the Museum's Board of Trustees, also share a business relationship.”

Form 990, Part VI, Section B, line 11B

“The 990 was reviewed and approved approved by the Finance Committee of the Board and the Director/CEO. The full board of trustees receives a copy of the Form 990 prior to filing.”

Form 990, Part VI, Section B, line 12C

“The museum's conflict of interest policy requires all trustees and officers to disclose any known or potential conflict of interest to the Board President prior to any decision or vote occurring with the potential conflict. Such trustees or officers are not permitted to participate when a decision or vote is taken on the matter. All trustees are annually required to disclose in writing any conflicts of interest or certify that none exist.”

Form 990, Part VI, Section B, line 15A

“The Board of Trustees approves any change in pay of the Director/CEO. The Board of Trustees conducts an annual review of the performances of the Director/CEO. The President of the Board reviews salaries or directors of comparable institutions, found in 990s and the salary survey of the American Association of Museum Directors, before recommending a change in pay to the full board.”

Form 990, Part VI, Section C, line 19

“Governing documents, the conflict of interest policy, and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Currier Gallery of Art
EIN
02-0223322
Phone
6036696144
Address
150 Ash Street, Manchester, NH 03104
Doing Business As
Currier Museum of Art

Signing Officer

Name
Jordana Pomeroy
Title
Director & CEO (eff. 9-2024)
Phone
6036696144
Signed
2025-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jordana Pomeroy
Formed
1919
Legal Domicile
Nh
Voting Board Members
20
Independent Board Members
20
Employees
134
Volunteers
63

Preparer

Firm
Baker Newman & Noyes
Address
PO Box 507, Portland, ME 04112
Preparer
Connor Smart
Phone
2078792100
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

“The Finance Committee of the Currier Museum of Art meets annually with its independent audit/CPA firm. The audit is completed in accordance with auditing standards generally accepted in the United States of America. The draft financial statements and management letter are presented by the CPA and thoroughly reviewed by the Finance Committee. After review and approval of the audited financial statements and any management letter by the Finance Committee, the final audit is presented to the full board for review and approval. This process has not changed from prior years.”

Financial Statement Notes

Part III, Line 1A:

“In conformity with industry practice, the value of art objects in the permanent collection are not recorded in statements of financial position. The art collection is catalogued and tracked for its educational value. Objects deemed no longer appropriate for the collection are de-accessioned according to a rigorous, established policy developed in accordance with ethical guidelines for art museums. Proceeds from deaccessioning are used to acquire other objects for the collection.”

Part III, Line 4:

“The Currier Museum's permanent collection is the core of the institution's mission. These works of art, preserved for the benefit of the public, are used for exhibition, research, and education. Among the approximately 14,000 objects in the collection are two houses built in Manchester by Frank Lloyd Wright, which are regularly open to the public.”

Part V, Line 4:

“Endowment funds are used for museum operations, exhibitions, art acquisition and scholarships.”

Part X, Line 2:

“The Internal Revenue Service, in a letter dated July 16, 2004, determined that the Museum is a publicly-supported charity under Internal Revenue Code Section 501(c)(3) and, therefore, not subject to federal income taxes or federal excise taxes imposed upon private foundations. Tax-exempt organizations could be required to record an obligation for income taxes as the result of a tax position they have historically taken on various tax exposure items, including unrelated business income or tax status. In accordance with U.S. GAAP, assets and liabilities are established for uncertain tax positions taken or positions expected to be taken in income tax returns when such positions are judged to not meet the "more-likely-than-not" threshold, based upon the technical merits of the position. Management has evaluated the Museum's tax positions taken on its filed tax returns and concluded that the Museum has maintained its tax-exempt status, does not have any significant unrelated business income and has taken no uncertain tax positions that require adjustment to the financial statements. Any interest and penalties would be recorded in income tax expense.”

Part XI, Line 2D - Other Adjustments:

“Store, cafe, and catering cost-of-goods sold 197,288. Fundraising expenses 106,888. Rental expenses 85,024.”

Part XII, Line 2D - Other Adjustments:

“Store, cafe, and catering cost-of-goods sold 197,288. Fundraising expenses 106,888. Rental expenses 85,024.”

Raw XML AppendixShowing 400 of 993 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0Collection: The Currier Museum of Art collects, preserves, researches, and makes accessible significant works of art. The 14,000 objects in the collection, including two houses designed by Frank Lloyd Wright, form the basis of the Museum's educational and social programs. The Museum maintains state-of-the-art storage facilities and preserves objects under its care. It makes the collection fully accessible through the web, programs, publications, and social media.
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IRS990/MissionDesc0Focused on Art, Centered in Community, Committed to Inspire.The Currier Museum of Art facilitates meaningful encounters with art through its collection, exhibits, programs, art classes, and artists-in-residence.
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