Civic Intelligence

Fort Wayne Museum of Art Inc

EIN 35-0953440 • 501(c)3 • Fort Wayne, IN

View Organization Page

Profile

The fort wayne museum of art will collect, preserve and present american and related art to engage and educate broad and diverse audiences throughout the region and add value to their lives.

311 E Main StFort Wayne, IN 46802

www.fwmoa.org

Siviq Scores

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

Liabilities / Assets

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

18th percentile

0.04x

Higher debt load relative to revenue than 18% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

84th percentile

37%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

59th percentile

$212,491

Higher top officer pay than 59% of similar nonprofits.

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

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

67th percentile

10%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

93rd percentile

129%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$16,299,424

Up $1,483,760 (+10%) from 2024

Liabilities

Down

$226,670

Down $47,719 (-17%) from 2024

Net Assets

Up

$16,072,754

Up $1,531,479 (+11%) from 2024

Operations
Liabilities / Revenue18th percentileNet Margin84th percentile

Revenue

Up

$5,426,077

Up $3,059,998 (+129%) from 2024

Expenses

Up

$3,409,575

Up $334,603 (+11%) from 2024

Net Income

Up

$2,016,502

Up $2,725,395 (+384%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth67th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $14,328,234Liabilities 2011: $94,914Net Assets 2011: $14,233,3202011Assets 2012: $13,937,835Liabilities 2012: $69,985Net Assets 2012: $13,867,8502012Assets 2013: $14,003,861Liabilities 2013: $101,554Net Assets 2013: $13,902,3072013Assets 2014: $14,365,307Liabilities 2014: $122,814Net Assets 2014: $14,242,4932014Assets 2015: $13,967,748Liabilities 2015: $132,983Net Assets 2015: $13,834,7652015Assets 2016: $12,962,165Liabilities 2016: $285,541Net Assets 2016: $12,676,6242016Assets 2017: $12,780,379Liabilities 2017: $181,258Net Assets 2017: $12,599,1212017Assets 2018: $12,656,489Liabilities 2018: $205,422Net Assets 2018: $12,451,0672018Assets 2019: $13,060,868Liabilities 2019: $188,765Net Assets 2019: $12,872,1032019Assets 2020: $12,752,143Liabilities 2020: $476,774Net Assets 2020: $12,275,3692020Assets 2021: $13,868,779Liabilities 2021: $413,502Net Assets 2021: $13,455,2772021Assets 2022: $14,143,825Liabilities 2022: $148,250Net Assets 2022: $13,995,5752022Assets 2023: $14,777,099Liabilities 2023: $406,727Net Assets 2023: $14,370,3722023Assets 2024: $14,815,664Liabilities 2024: $274,389Net Assets 2024: $14,541,2752024Assets 2025: $16,299,424Liabilities 2025: $226,670Net Assets 2025: $16,072,7542025

Highlighted filing

2025

Assets$16,299,424
Liabilities$226,670
Net Assets$16,072,754
Open 2025 Filing

Operations Trend

Revenue Growth93rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,969,8112011Expenses 2012: $1,771,5952012Expenses 2013: $1,902,5912013Revenue 2014: $1,864,805Expenses 2014: $2,115,408Net Income 2014: -$250,6032014Revenue 2015: $2,290,156Expenses 2015: $2,345,648Net Income 2015: -$55,4922015Revenue 2016: $1,720,366Expenses 2016: $2,622,794Net Income 2016: -$902,4282016Revenue 2017: $1,808,725Expenses 2017: $2,419,466Net Income 2017: -$610,7412017Revenue 2018: $2,020,734Expenses 2018: $2,176,467Net Income 2018: -$155,7332018Revenue 2019: $3,201,708Expenses 2019: $2,714,329Net Income 2019: $487,3792019Revenue 2020: $2,088,048Expenses 2020: $2,517,805Net Income 2020: -$429,7572020Revenue 2021: $2,838,599Expenses 2021: $2,601,923Net Income 2021: $236,6762021Revenue 2022: $4,976,518Expenses 2022: $2,980,122Net Income 2022: $1,996,3962022Revenue 2023: $3,163,959Expenses 2023: $2,935,121Net Income 2023: $228,8382023Revenue 2024: $2,366,079Expenses 2024: $3,074,972Net Income 2024: -$708,8932024Revenue 2025: $5,426,077Expenses 2025: $3,409,575Net Income 2025: $2,016,5022025

Highlighted filing

2025

Revenue$5,426,077
Expenses$3,409,575
Net Income$2,016,502
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,299,424
Liabilities
$226,670
Net assets
$16,072,754
Revenue
$5,426,077
Expenses
$3,409,575
Net income
$2,016,502
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$16.3$0.23$16.1$5.43$3.41$2.02
2024Detailed filing. Detailed filing data is available for this year.$14.8$0.27$14.5$2.37$3.07$0.71
2023Detailed filing. Detailed filing data is available for this year.$14.8$0.41$14.4$3.16$2.94$0.23
2022Detailed filing. Detailed filing data is available for this year.$14.1$0.15$14.0$4.98$2.98$2.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$0.41$13.5$2.84$2.60$0.24
2020Detailed filing. Detailed filing data is available for this year.$12.8$0.48$12.3$2.09$2.52$0.43
2019Detailed filing. Detailed filing data is available for this year.$13.1$0.19$12.9$3.20$2.71$0.49
2018Detailed filing. Detailed filing data is available for this year.$12.7$0.21$12.5$2.02$2.18$0.16
2017Detailed filing. Detailed filing data is available for this year.$12.8$0.18$12.6$1.81$2.42$0.61
2016Detailed filing. Detailed filing data is available for this year.$13.0$0.29$12.7$1.72$2.62$0.90
2015Detailed filing. Detailed filing data is available for this year.$14.0$0.13$13.8$2.29$2.35$0.06
2014Detailed filing. Detailed filing data is available for this year.$14.4$0.12$14.2$1.86$2.12$0.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$0.10$13.9$1.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.9$0.07$13.9$1.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$0.09$14.2$1.97
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 9, 2026
Return Version
2024v5.0
Gross Receipts
$14,130,639
Mission and Program Overview

Mission

The fort wayne museum of art will collect, preserve and present american and related art to engage and educate broad and diverse audiences throughout the region and add value to their lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,544,293$9,103,139▲ $558,846
Land, Buildings, and Equipment, Net$4,061,384$3,905,338▼ $156,046
Pledges and Grants Receivable$241,472$2,162,197▲ $1,920,725
Savings and Temporary Cash Investments$963,213$416,324▼ $546,889
Investments Other Securities$270,682$276,547▲ $5,865
Cash and Non-Interest-Bearing Accounts$598,256$213,857▼ $384,399
Accounts Receivable$22,554$133,758▲ $111,204
Prepaid Expenses and Deferred Charges$71,988$51,734▼ $20,254
Inventories for Sale or Use$11,340$11,985▲ $645
Other Notes and Loans Receivable, Net$9,932$11,841▲ $1,909
Total Assets$14,815,664$16,299,424▲ $1,483,760
Other Assets Total$20,550$12,704▼ $7,846
Liabilities
Accounts Payable and Accrued Expenses$195,646$167,356▼ $28,290
Deferred Revenue$58,193$46,610▼ $11,583
Other Liabilities$20,550$12,704▼ $7,846
Total Liabilities$274,389$226,670▼ $47,719
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,266,335$10,213,125▲ $1,946,790
Net Assets With Donor Restrictions$6,274,940$5,859,629▼ $415,311
Total Net Assets Fund Balance$14,541,275$16,072,754▲ $1,531,479
Total Liabilities and Net Assets / Fund Balance$14,815,664$16,299,424▲ $1,483,760

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,839,639$4,577,750$8,417,389
Equipment$65,699$1,022,688$1,088,387
Other Land Buildings-$17,500$17,500

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$9,034,121$11,000▲ $952,184$534,331$9,462,974
2023$8,416,339$56,000▲ $1,003,141$441,359$9,034,121
2022$8,140,921$6,000▲ $722,574$453,156$8,416,339
2021$7,367,234$2,079,000▼ $957,179$349,134$8,140,921
2020$6,115,231$9,000▲ $1,551,146$308,143$7,367,234
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles a Shepard IiiPresident &FT$201,055$11,436$212,491
Charles a Shepard IiiPresident & CEO-$201,055$11,436$212,491

Board Members and Trustees

NameTitle
Christine SwiftChair
Jill KinderVice Chair
Casey KeirnTrustee
Clayton JenningsTrustee
Colin MaddenTrustee
Janet Greenlee RoeTrustee
Jason WagnerTrustee
Jeff JuarezTrustee
Jeff RadkeTrustee
Josh RiikonenTrustee
Kyla MadisonTrustee
Mary MooreTrustee
Matt SchiebelTrustee
Medina HabibicTrustee
Melanie GearhartTrustee
Nishantha GunawardenaTrustee
Pat PasterickTrustee
Rachel LoechnerTrustee
Randy BrownTrustee
Sea GrandonTrustee
Sharon EisbartTrustee
Shelly RhoadesTrustee
Steve PiekarskiTrustee
Susan TrentTrustee
Suzie EmleyTrustee
Tina KoenemannTrustee
Nancy StewartSecretary
Jordan KeilTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,669,233
Program Service Revenue
$145,463
Investment Income
$1,510,055
Other Revenue
$101,326
All Other Contributions
$2,964,173
Change in Net Assets
$2,016,502

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table96$126,647Fair Market Value
Total Noncash Contributions96$126,647-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,363,200
Revenue Not Reported on Financial Statements
$62,877
Revenue Not Reported on Form 990
$-407,228
Total Revenue per Audited Statements
$4,955,972
Total Revenue per Form 990
$5,426,077
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,730,949
Other Expenses$1,678,626
Total Fundraising Expense$350,587
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$785,506$265,537$193,837$1,244,880
Occupancy$342,817$39,831$38,066$420,714
Depreciation Depletion$204,693$8,381$8,647$221,721
Current Officers, Directors, Trustees, and Key Employees$64,356$128,713$21,452$214,521
Office Expenses$156,159$38,328$2,761$197,248
Other Employee Benefits$95,991$39,958$24,078$160,027
Payroll Taxes$55,691$25,484$14,089$95,264
Fees for Service Investment Mgmnt Fees-$62,877-$62,877
Insurance$60,899--$60,899
Advertising$42,162--$42,162
Other Expenses$27,589$7,910$43,255$27,589
Fees for Services Accounting-$22,243-$22,243
Pension Plan Contributions$10,370$3,336$2,551$16,257
All Other Expenses$5,814$6,915$1,492$14,221
Fees for Services Legal-$9,531-$9,531
Fees for Services Other-$9,197-$9,197
Travel$1,617$4,641$359$6,617
Total Functional Expenses$2,386,106$672,882$350,587$3,409,575

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,424,493
Total Expenses per Form 990$3,409,575
Expenses per Audited Statements$3,346,698
Expenses Not Reported on Form 990$77,795
Expenses Not Reported on Financial Statements$62,877
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$202,567
Fundraising Gross Income$170,998
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$529,129$170,998$15,171$155,827
Total Events$529,129$170,998$202,567$-31,569
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$12,704
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
Yes
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, Page 6, Part VI, Line 11B

“A copy of the form 990 was sent out in advance to the finance committee for review. The form 990 was approved by the finance committee and fowarded to the board of trustees. The form 990 was reviewed and approved by the board of trustees.”

Form 990, Page 6, Part VI, Line 12C

“Key staff members, volunteers, board of trustees members of the fort wayne museum of art are required to disclose annually interest that could give rise to conflicts. This is accomplished by completion of an internal disclosure statement on a yearly basis at the first board of trustees meeting in september of each year.”

Form 990, Page 6, Part VI, Line 15A

“The ceo's compensation is determined following an extensive board evaluation and salary comparisons with other museums our size.”

Form 990, Page 6, Part VI, Line 15B

“The ceo determines the compensation for the other officers. The compensation is determined after an evaluation by the ceo and a review of comparable salaries of museums our size.”

Form 990, Page 6, Part VI, Line 19

“The financial statements, form 990 and other governing documents including conflict of interest policy are available to the public upon request either by mail, email, or in person.”

Filing and Contact Details

Filer

Filer Name
Fort Wayne Museum of Art Inc
EIN
35-0953440
Phone
2604226467
Address
311 E MAIN ST, FORT WAYNE, IN 46802

Signing Officer

Name
Charles a Shepard Iii
Title
President & CEO
Phone
2604226467
Signed
2026-03-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles a Shepard Iii
Formed
1921
Legal Domicile
In
Voting Board Members
28
Independent Board Members
28
Employees
40
Volunteers
100

Preparer

Firm
Haines Isenbarger & Skiba LLC
Address
6418 LIMA ROAD, FORT WAYNE, IN 46818
Preparer
Cassie J Dunn
Phone
2604369500
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 1, Part III, Line 1A

“The museum maintains an extensive collection of art. The collections, which were acquired via purchases and contributions, are not recognized as assets on the statements of financial position. Expenditures for the acquisition of art objects are recorded as collection items purchased in the statements of activities and changes in net assets in the year the objects are purchased. The museum provides a clean, safe, and stable storage environment for its permanent collections. There were 3,845 and 11,538 in deaccessions in the years ended june 30, 2025 and 2024, respectively.”

Schedule D, Page 2, Part III, Line 4

“The collections consist of art objects in furtherance of the museum's mission to collect, preserve and present american and related art to engage and educate broad and diverse audiences throughout the region to add value to their lives.”

Schedule D, Page 2, Part V, Line 4

“The endowment funds will be used for operating purposes and to serve the organization's needs over the long-term.”

Schedule D, Page 3, Part X

“The museum is exempt from income taxes under section 501(c) (3) of the united states internal revenue code and qualifies for the charitable contribution deduction. The museum has been classified as an organization that is not a private foundation under section 509(a) of the internal revenue code. The museum is also exempt from state income taxes. However, the museum is subject to federal income tax on any unrelated business taxable income. Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the museum and recognize a tax liability (or asset) if the museum has taken an uncertain position that more likely than not would not be sustained upon examination by the taxing authorities. Management believes that it has appropriate support for any tax positions it has taken or expects to take and as such, does not have any uncertain tax positions that should be recognized, measured, or disclosed in the financial statements. Management believes the museum is no longer subject to examination by taxing authorities for the years before june 30, 2022.”

Schedule D, Page 4, Part XI, Line 2D

“Gala direct expenses 75,920”

Schedule D, Page 4, Part XII, Line 2D

“Gala direct expenses 75,920”

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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/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt270
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IRS990/Form990PartVIISectionAGrp/PersonNm1CHRISTINE SWIFT
IRS990/Form990PartVIISectionAGrp/PersonNm2JILL KINDER
IRS990/Form990PartVIISectionAGrp/PersonNm3NANCY STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm4JORDAN KEIL
IRS990/Form990PartVIISectionAGrp/PersonNm5RANDY BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm6SHARON EISBART
IRS990/Form990PartVIISectionAGrp/PersonNm7SUZIE EMLEY
IRS990/Form990PartVIISectionAGrp/PersonNm8MELANIE GEARHART
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IRS990/Form990PartVIISectionAGrp/PersonNm10JANET GREENLEE ROE
IRS990/Form990PartVIISectionAGrp/PersonNm11NISHANTHA GUNAWARDENA
IRS990/Form990PartVIISectionAGrp/PersonNm12MEDINA HABIBIC
IRS990/Form990PartVIISectionAGrp/PersonNm13CLAYTON JENNINGS
IRS990/Form990PartVIISectionAGrp/PersonNm14JEFF JUAREZ
IRS990/Form990PartVIISectionAGrp/PersonNm15CASEY KEIRN
IRS990/Form990PartVIISectionAGrp/PersonNm16TINA KOENEMANN
IRS990/Form990PartVIISectionAGrp/PersonNm17RACHEL LOECHNER
IRS990/Form990PartVIISectionAGrp/PersonNm18COLIN MADDEN
IRS990/Form990PartVIISectionAGrp/PersonNm19KYLA MADISON
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IRS990/Form990PartVIISectionAGrp/PersonNm26MATT SCHIEBEL
IRS990/Form990PartVIISectionAGrp/PersonNm27SUSAN TRENT
IRS990/Form990PartVIISectionAGrp/PersonNm28JASON WAGNER
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT &
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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
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
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt25TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt26TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt27TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt28TRUSTEE
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IRS990/MissionDesc0THE FORT WAYNE MUSEUM OF ART WILL COLLECT, PRESERVE AND PRESENT AMERICAN AND RELATED ART TO ENGAGE AND EDUCATE BROAD AND DIVERSE AUDIENCES THROUGHOUT THE REGION AND ADD VALUE TO THEIR LIVES.
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IRS990/OtherExpensesGrp/Desc0COLLECTION ITEMS
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2PRODUCTION AND EXHIBIT
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IRS990/OtherExpensesGrp/ProgramServicesAmt152653
IRS990/OtherExpensesGrp/ProgramServicesAmt284484

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