Civic Intelligence

Association of Art Museum Directors

EIN 23-7164969 • 501(c)6 • New York, NY

Profile

To promote and develop art museums

120 East 56th Street - Suite 520New York, NY 10022

www.aamd.org

Siviq Scores

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

Liabilities / Assets

20th percentile

0.04x

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

501(c)6 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

27th percentile

0.12x

Higher debt load relative to revenue than 27% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2025

Net Margin

80th percentile

17%

Higher net margin than 80% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

85th percentile

$517,125

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 19.9% of source-year revenue.

501(c)6 • $5M-$10M nonprofits • Source year 2025

Asset Growth

42nd percentile

3.2%

Faster asset growth than 42% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

75th percentile

14%

Faster revenue growth than 75% of similar nonprofits.

501(c)6 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$7,487,297

Up $233,137 (+3.2%) from 2024

Liabilities

Down

$320,297

Down $358,485 (-53%) from 2024

Net Assets

Up

$7,167,000

Up $591,622 (+9.0%) from 2024

Revenue

Up

$2,596,814

Up $324,517 (+14%) from 2024

Expenses

Up

$2,152,296

Up $80,658 (+3.9%) from 2024

Net Income

Up

$444,518

Up $243,859 (+122%) from 2024

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2013: $1,485,611Liabilities 2013: $70,566Net Assets 2013: $1,415,0452013Assets 2014: $1,991,533Liabilities 2014: $233,933Net Assets 2014: $1,757,6002014Assets 2015: $2,257,577Liabilities 2015: $71,570Net Assets 2015: $2,186,0072015Assets 2016: $2,592,711Liabilities 2016: $109,141Net Assets 2016: $2,483,5702016Assets 2017: $2,904,209Liabilities 2017: $29,122Net Assets 2017: $2,875,0872017Assets 2018: $3,399,974Liabilities 2018: $55,246Net Assets 2018: $3,344,7282018Assets 2019: $3,817,407Liabilities 2019: $104,984Net Assets 2019: $3,712,4232019Assets 2020: $4,333,094Liabilities 2020: $76,569Net Assets 2020: $4,256,5252020Assets 2021: $5,448,938Liabilities 2021: $234,420Net Assets 2021: $5,214,5182021Assets 2022: $5,658,406Liabilities 2022: $208,421Net Assets 2022: $5,449,9852022Assets 2023: $6,294,817Liabilities 2023: $306,208Net Assets 2023: $5,988,6092023Assets 2024: $7,254,160Liabilities 2024: $678,782Net Assets 2024: $6,575,3782024Assets 2025: $7,487,297Liabilities 2025: $320,297Net Assets 2025: $7,167,0002025

Highlighted filing

2025

Assets$7,487,297
Liabilities$320,297
Net Assets$7,167,000

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2013: $1,215,7282013Revenue 2014: $1,864,101Expenses 2014: $1,614,513Net Income 2014: $249,5882014Revenue 2015: $1,976,725Expenses 2015: $1,546,700Net Income 2015: $430,0252015Revenue 2016: $2,046,346Expenses 2016: $1,704,363Net Income 2016: $341,9832016Revenue 2017: $2,085,243Expenses 2017: $1,749,164Net Income 2017: $336,0792017Revenue 2018: $2,085,866Expenses 2018: $1,683,646Net Income 2018: $402,2202018Revenue 2019: $2,096,612Expenses 2019: $1,673,843Net Income 2019: $422,7692019Revenue 2020: $2,055,620Expenses 2020: $1,560,630Net Income 2020: $494,9902020Revenue 2021: $1,943,757Expenses 2021: $1,381,408Net Income 2021: $562,3492021Revenue 2022: $2,201,542Expenses 2022: $1,473,232Net Income 2022: $728,3102022Revenue 2023: $2,236,737Expenses 2023: $1,790,582Net Income 2023: $446,1552023Revenue 2024: $2,272,297Expenses 2024: $2,071,638Net Income 2024: $200,6592024Revenue 2025: $2,596,814Expenses 2025: $2,152,296Net Income 2025: $444,5182025

Highlighted filing

2025

Revenue$2,596,814
Expenses$2,152,296
Net Income$444,518

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 28, 2025
Return Version
2024v5.2
Gross Receipts
$2,596,814
Mission and Program Overview

Mission

To promote and develop art museums

The purpose of the association of art museum directors is to support its members in increasing the contribution of art museums to society. The aamd accomplishes this mission by establishing and maintaining the highest standards of professional practice, serving as forum for the exchange of information and ideas, acting as an advocate for its member art museums, and being a leader in shaping public discourse about the arts community and the role of art in society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,840,286$3,213,211▲ $372,925
Cash and Non-Interest-Bearing Accounts$1,925,181$1,617,511▼ $307,670
Investments Other Securities$160,747$1,532,447▲ $1,371,700
Savings and Temporary Cash Investments$1,757,186$733,241▼ $1,023,945
Loans From Officers Directors$278,622--
Prepaid Expenses and Deferred Charges$128,462$45,537▼ $82,925
Intangible Assets$35,362$33,649▼ $1,713
Accounts Receivable$33,526$20,250▼ $13,276
Other Notes and Loans Receivable, Net$7,186$15,000▲ $7,814
Land, Buildings, and Equipment, Net$6,993$8,019▲ $1,026
Total Assets$7,254,160$7,487,297▲ $233,137
Other Assets Total$359,231$268,432▼ $90,799
Liabilities
Other Liabilities$345,571$261,687▼ $83,884
Accounts Payable and Accrued Expenses$54,589$58,610▲ $4,021
Total Liabilities$678,782$320,297▼ $358,485
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,575,378$7,167,000▲ $591,622
Total Net Assets Fund Balance$6,575,378$7,167,000▲ $591,622
Total Liabilities and Net Assets / Fund Balance$7,254,160$7,487,297▲ $233,137

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,019$13,211$21,230
Leasehold Improvements$0$2,335$2,335
Other Land Buildings$0$1,698$1,698
Other Securities$1,532,447--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Christine S AnagnosExecutive DirectorFT$188,020$329,105$517,125
Anita DifanisDIRECTOR OF GOV'T AFFAIRSFT$164,883$23,136$188,019
Andrew FinchDirector of PolicyFT$133,127$16,478$149,605
Alison D WadeExecutive AssisstantFT$122,063$20,314$142,377
Stephanie YaoAdministrative AssisstantFT$120,798$19,913$140,711

Board Members and Trustees

NameTitle
Stephan JostPresident
Marcelle PolednikVice President
Andrew WalkerTrustee
Andria DerstineTrustee
Andy MausTrustee
Betsy BradleyTrustee
Bill GriswoldTrustee
Cameron KitchinTrustee
Erik NeilTrustee
Janne SirenTrustee
Julia Marciari-alexanderTrustee
Julie DeckerTrustee
Kim SajetTrustee
Miki GarciaTrustee
Min Jung KimTrustee
Nora AbramsTrustee
Sasha SudaTrustee
Simone WichaTrustee
Tom DenenbergTrustee
Scott Stulen2nd VP & Secretary
Linda HarrisonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Hahn Loeser & Parks LLPLegal Services200 PUBLIC SQUARE SUITE 2800, Cleveland, OH 44114$142,009
Revenue and Support

Revenue Composition

Contributions and Grants
$2,112,633
Program Service Revenue
$174,500
Investment Income
$287,839
Other Revenue
$21,842
All Other Contributions
$55,000
Change in Net Assets
$444,518

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,596,814
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$147,104
Total Revenue per Audited Statements
$2,743,918
Total Revenue per Form 990
$2,596,814
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,083,401
Salaries, Compensation, and Employee Benefits$1,068,895
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$566,631
Current Officers, Directors, Trustees, and Key Employees---$356,301
Conferences and Meetings---$276,884
Fees for Services Legal---$208,902
All Other Expenses---$110,336
Occupancy---$99,822
Payroll Taxes---$64,769
Fees for Services Accounting---$56,480
Travel---$55,869
Other Employee Benefits---$46,358
Other Expenses---$41,500
Pension Plan Contributions---$34,836
Office Expenses---$23,174
Depreciation Depletion---$11,034
Insurance---$4,417
Total Functional Expenses$0$0$0$2,152,296

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,152,296
Total Expenses per Audited Statements$2,152,296
Total Expenses per Form 990$2,152,296
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$278,622--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$261,687
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
No
Business relationship with organization members
No
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 6

The association of art museum directors has three classes of members; active members, honorary members, and emeritus members for which there is no limit. Only active members have voting rights. Active membership is open to persons who serve as directors of art museums.

Form 990, Part VI, Section A, Line 7A

Active members are entitled to vote at the organization's annual meeting for officers, trustees and committee chairs.

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

Form 990 is sent to all members of the board of directors for review prior to filing. Each board member is required to review the form and give their approval.

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

The conflict of interest policy adopted by the board of directors requires annual written affirmation of compliance with the policy of each board member.

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

The compensation of the executive director is determined by a committee of the board of directors. The committee considers comparability data from various sources including an outside search firm specializing in the nonprofit arena.

Form 990, Part VI, Section C, Line 19

The organization's financial statements, governing documents and conflict of interest policy are made available upon request.

Filing and Contact Details

Filer

Filer Name
Association of Art Museum Directors
EIN
23-7164969
Phone
2127548084
Address
120 EAST 56TH STREET - SUITE 520, NEW YORK, NY 10022

Signing Officer

Name
Christine Anagnos
Title
Executive Director
Phone
2127548084
Signed
2025-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine Anagnos
Formed
1969
Legal Domicile
Dc
Voting Board Members
21
Independent Board Members
21
Employees
5
Volunteers
0

Preparer

Firm
Cornick Garber & Sandler Llp
Address
555 MADISON AVENUE 16TH FL, NEW YORK, NY 10022
Preparer
Michele Rosenberg
Phone
2125573900
Supplemental Narrative

Additional Explanations

Form 990

Organization has a committee that assumes responsibility for oversight of the audit of the financial statements and selection of an independent accountant. The organization did not change its oversight process and selection process during the tax year.

Raw XML AppendixShowing 400 of 621 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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22ND VP & SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
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IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR OF GOV'T AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR OF POLICY
IRS990/Form990PartVIISectionAGrp/TitleTxt24EXECUTIVE ASSISSTANT
IRS990/Form990PartVIISectionAGrp/TitleTxt25ADMINISTRATIVE ASSISSTANT
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