Liabilities / Assets
37th percentile
Higher debt load relative to assets than 37% of similar nonprofits.
EIN 44-6012977 • 501(c)3 • Kansas City, MO
Profile
Encouragement of public interest in art.
Refreshing map…
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
37th percentile
Higher debt load relative to assets than 37% of similar nonprofits.
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
61st percentile
Higher net margin than 61% of similar nonprofits.
Top Officer Pay
57th percentile
Higher top officer pay than 57% of similar nonprofits.
Top officer pay equals 1.8% of source-year revenue.
Asset Growth
29th percentile
Faster asset growth than 29% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Assets
Up$611,458,414
Up $19,778,350 (+3.3%) from 2023
Liabilities
Down$109,467,280
Down $19,690,082 (-15%) from 2023
Net Assets
Up$501,991,134
Up $39,468,432 (+8.5%) from 2023
Revenue
Up$55,555,683
Up $45,174,160 (+435%) from 2023
Expenses
Up$50,993,315
Up $9,272,654 (+22%) from 2023
Net Income
Up$4,562,368
Up $35,901,506 (+115%) from 2023
Most recent year
2025 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Encouragement of public interest in art.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $170,730,448 | $379,486,720 | ▲ $208,756,272 |
| Investments in Publicly Traded Securities | $180,110,797 | $0 | ▼ $180,110,797 |
| Land, Buildings, and Equipment, Net | $168,839,210 | $161,585,065 | ▼ $7,254,145 |
| Pledges and Grants Receivable | $60,723,929 | $48,053,258 | ▼ $12,670,671 |
| Cash and Non-Interest-Bearing Accounts | $3,425,983 | $2,756,401 | ▼ $669,582 |
| Savings and Temporary Cash Investments | $5,145,762 | $1,238,877 | ▼ $3,906,885 |
| Accounts Receivable | $116,936 | $267,420 | ▲ $150,484 |
| Prepaid Expenses and Deferred Charges | $83,696 | $160,410 | ▲ $76,714 |
| Inventories for Sale or Use | $156,701 | $137,076 | ▼ $19,625 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Program Related | $0 | - | - |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $601,675,786 | $611,458,414 | ▲ $9,782,628 |
| Other Assets Total | $12,342,324 | $17,773,187 | ▲ $5,430,863 |
| Liabilities | |||
| Tax Exempt Bond Liabilities | $121,243,480 | $104,723,236 | ▼ $16,520,244 |
| Accounts Payable and Accrued Expenses | $4,938,279 | $4,744,044 | ▼ $194,235 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Other Liabilities | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Total Liabilities | $126,181,759 | $109,467,280 | ▼ $16,714,479 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $266,894,077 | $276,680,523 | ▲ $9,786,446 |
| Net Assets With Donor Restrictions | $208,599,950 | $225,310,611 | ▲ $16,710,661 |
| Total Net Assets Fund Balance | $475,494,027 | $501,991,134 | ▲ $26,497,107 |
| Total Liabilities and Net Assets / Fund Balance | $601,675,786 | $611,458,414 | ▲ $9,782,628 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $149,260,732 | $142,018,071 | $291,278,803 |
| Land | $10,205,279 | - | $10,205,279 |
| Equipment | $1,045,738 | $868,430 | $1,914,168 |
| Other Land Buildings | $1,073,316 | $0 | $1,073,316 |
| Leasehold Improvements | $0 | $0 | $0 |
| Other Securities | $379,486,720 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2024 | $251,864,239 | $15,013,505 | ▲ $42,368,346 | $12,861,666 | $296,380,561 |
| 2023 | $253,345,611 | $172,398 | ▲ $11,924,219 | $13,002,570 | $251,864,239 |
| 2022 | $260,073,046 | $471,858 | ▲ $5,643,409 | $12,842,249 | $253,345,611 |
| 2021 | $274,765,742 | $3,178,652 | ▼ $2,867,322 | $13,872,004 | $260,073,046 |
| 2020 | $293,846,097 | $276,703 | ▲ $67,046,064 | $85,206,980 | $274,765,742 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Julian Zugazagoitia | Director/CEO | FT | $699,088 | $281,992 | $981,080 |
| Amanda Stone | Executive Vice President | FT | $243,904 | $30,346 | $274,250 |
| Tammy J Bluhm | Vice President, Finanace /CFO | FT | $219,428 | $44,713 | $264,141 |
| Nicolle Ratliff | Vice President, Development | FT | $213,699 | $33,041 | $246,740 |
| Steven Waterman | Deputy Director, Design & Exp | FT | $225,314 | $18,810 | $244,124 |
| William Rudolph | Deputy Dir, Curatorial Affairs | FT | $213,666 | $23,943 | $237,609 |
| Name | Title |
|---|---|
| Evelyn Craft Belger | Board Chair |
| Ramon Murguia | Board Secretary |
| Sandra a J Lawrence | Board Treasurer |
| Alejandro Sanchez Alvarado | Trustee |
| Andrea Feinberg | Trustee |
| Ann Kaufmann Baum | Trustee |
| Bill Gautreaux | Trustee |
| Bill Lyons | Trustee |
| Don Hall Jr | Trustee |
| Dr Valerie E Chow | Trustee |
| Greg Maday | Trustee |
| Kent Sunderland | Trustee |
| Leo Morton | Trustee |
| Lewis Gregory | Trustee |
| MARK O'CONNELL | Trustee |
| Marny Sherman | Trustee |
| Neil Karbank | Trustee |
| Paul Debruce | Trustee |
| Pete Browne | Trustee |
| Ramin Cherafat | Trustee |
| Richard C Green | Trustee |
| Scott Francis | Trustee |
| Shirley Helzberg | Trustee |
| Steve Mcdowell | Trustee |
| Susan Chambers | Trustee |
| Tim Dunn | Trustee |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| American Food & Vending | Vendor Services | 124 METROPOLITAN PARK DR, Syracuse, NY 13088 | $2,087,465 |
| True North Outdoor LLC | Lawn Services | 2405 MERRIAM LANE, Kansas City, KS 66106 | $483,877 |
| Kazoo Marketing LLC | Advertising | 2460 PERSHING ROAD SUITE 100, Kansas City, MO 64108 | $461,890 |
| Marvin Suarez | Janitorial Services | 1004 PINKSTON ST, Grandview, MO 64030 | $404,254 |
| Lippert Mechanical Service Corp | Equip. Services | PO BOX 8277, Carol Stream, IL 60197 | $391,647 |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Securities Publicly Traded | 11 | $156,758 | Market value |
| Food Inventory | 2 | $23,449 | Market value |
| Other Non Cash Contri Table | 3 | $22,100 | Market value |
| Clothing and Household Goods | - | $550 | None |
| Total Noncash Contributions | 16 | $202,857 | - |
| Line Item | Amount |
|---|---|
| Other Expenses | $28,351,928 |
| Salaries, Compensation, and Employee Benefits | $22,641,387 |
| Total Fundraising Expense | $5,724,850 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $13,227,682 | $2,336,390 | $2,278,493 | $17,842,565 |
| Depreciation Depletion | $6,215,979 | $1,428,673 | $576,482 | $8,221,134 |
| Fees for Services Other | $4,397,826 | $1,539,434 | $603,611 | $6,540,871 |
| Interest | $2,988,848 | $491,836 | $302,668 | $3,783,352 |
| Occupancy | $2,405,484 | $710,755 | $220,895 | $3,337,134 |
| Office Expenses | $1,933,911 | $358,505 | $620,819 | $2,913,235 |
| Other Employee Benefits | $1,277,468 | $229,117 | $226,523 | $1,733,108 |
| Payroll Taxes | $948,845 | $175,374 | $178,893 | $1,303,112 |
| Fees for Service Investment Mgmnt Fees | - | $1,119,215 | - | $1,119,215 |
| Pension Plan Contributions | $692,912 | $115,843 | $106,425 | $915,180 |
| Travel | $390,418 | $409,926 | $93,398 | $893,742 |
| Current Officers, Directors, Trustees, and Key Employees | $381,340 | $169,484 | $296,598 | $847,422 |
| Insurance | $360,739 | $46,935 | $19,390 | $427,064 |
| Advertising | $290,973 | $25,103 | $54,815 | $370,891 |
| Fees for Services Management | $215,999 | $71,069 | $27,866 | $314,934 |
| Fees for Services Accounting | $106,548 | $35,057 | $13,746 | $155,351 |
| Fees for Services Legal | $90,367 | $29,733 | $11,658 | $131,758 |
| Other Expenses | $16,368 | $30,534 | $92,570 | $30,534 |
| Total Functional Expenses | $35,941,707 | $9,326,758 | $5,724,850 | $50,993,315 |
| Line Item | Amount |
|---|---|
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Expenses per Audited Statements | $0 |
| Other Expense Adjustments | $0 |
| Total Expenses per Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $651,404 |
| Fundraising Gross Income | $246,592 |
| Gaming Direct Expenses | $0 |
| Gaming Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Shuttlecork | $2,405,212 | $153,445 | $190,445 | $-37,000 |
| Luncheon | $489,236 | $48,780 | $88,330 | $-39,550 |
| Total Events | $3,091,110 | $246,592 | $651,404 | $-404,812 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Bond | Issuer | Issued | Issue Price | Purpose |
|---|---|---|---|---|
| A | Missouri Development Finance Board | 2008-08-28 | $108,500,000 | SEE PART VI |
| B | Missouri Development Finance Board | 2004-04-29 | $60,000,000 | SEE PART VI |
| Bond | Total Proceeds | Spent | Retired | Issuance Costs |
|---|---|---|---|---|
| A | $108,327,353 | $85,191,278 | $500,000 | $1,041,759 |
| B | $63,709,527 | - | $15,000,000 | $733,679 |
“PAUL DEBRUCE & LEO MORTON - Business relationship”
“Minutes are taken for all committees except nominating and governance. A report is given at the board of trustee meetings and included in those meeting minutes.”
“Initial compilation of the information for the return is completed by finance department staff with review by the chief financial officer prior to transmission to the accounting firm for return preparation. Upon receipt of completed return and review by the chief financial officer the return will be provided to the chief executive officer, audit committee and to all trustees for review prior to filing.”
“The conflict of interest policy requires the completion of a written questionnaire by each director, officer, member of a committee with board-delegated power and key employees, on an annual basis. The questionnaire addresses each individual's acknowledgement of the receipt of the code of conduct and the conflict of interest policy and their compliance with it, along with requiring responses to detailed questions related to specific areas that could raise a conflict. The board chair of the board of trustees would review any identified conflicts of interest and determine whether any further action would need to occur.”
“The executive committee and board chair of the board of trustees reviews the compensation and employment benefits of the director/ceo on an annual basis. A variety of salary survey information is provided by the v.p., human resources during this process including surveys by american association of museum directors, the american alliance of museums, society for human resources management, and the non-profit times salary and benefit report. A compensation study was performed by sullivan cotter who then provided a recommendation. During the fiscal year, the board chair, evelyn craft belger, provided notice of the executive committee review and approval of the compensation terms for the fye april 30, 2025.”
“The governing documents and conflict of interest policy are not generally made available to the public. Audited financial statements for the prior year are available on the organization's website.”
“The nelson-atkins museum of art is where the power of art engages the spirit of community. We welcome and provide free admission to all, and deliver unparalleled opportunities to enjoy, appreciate and understand the finest visual arts and the varied cultures they represent - on our campus, online, and throughout kansas city. As an institution of national and international renown, we establish and adhere to the highest professional standards and practices in research, scholarship, presentation, interpretation and care of our collections. We serve as a vital partner in the educational, social and cultural life of our community, using our collections and programs to build an environment where people can gather, share and contemplate the greatest creations of humankind. Every day, in all we do, the nelson-atkins is committed to nurturing excellence, inspiring creativity and building community through the power of art.”
“The nelson-atkins museum of art's collection of over 44,100 objects spans 5,000 years. It is celebrated for its holdings of chinese art, considered among the best in the world, with important collections of japanese and south and southeast asian works of art. Its celebrated european paintings collection-including the second painting by vincent van gogh purchased by a us museum-contain one of the few caravaggio paintings in north america, as well as masterpieces of impressionist art. The photography collection is one of the finest in the country, spanning the entire history of the medium. The acclaimed native american collections are among the oldest in the us. There are also important collections of eighteenth century european decorative arts, american paint and sculpture, and african art, complemented by the 22 acre donald j. Hall sculpture park, which acts as one of the city's front lawns and is the site of free, popular festivals celebrating juneteenth, south and southeast asian heritage, and lunar new year, among other communities. In recent years, the museum has dramatically increased its contemporary collections with a deliberate campaign of inclusivity, acquiring important works in all media by bipoc makers.”
“OUTSIDE CONTRACTORS - Total Expense: 2714449, Program Service Expense: 1773454, Management and General Expenses: 675954, Fundraising Expenses: 265041; CONTRACT LABOR/FOOD SERVICE - Total Expense: 1515635, Program Service Expense: 1039506, Management and General Expenses: 342022, Fundraising Expenses: 134107; OTHER PROFESSIONAL FEES - Total Expense: 2310787, Program Service Expense: 1584866, Management and General Expenses: 521458, Fundraising Expenses: 204463;”
“Acquisition and Disposition of Art - -3880009; Change in Value of Trusts Held by Others - 5192; Total - -3874817;”
“Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.”
“In conformity with accounting policies generally followed by art museums, the collections that were acquired through purchases by the board of trustees and contributions since the inception are not recognized as assets on the consolidated statements of financial position. Purchases of collection items are recorded as decreases in net assets without donor restrictions in the year in which the items are acquired or as decreases in net assets with donor restrictions if the assets used to purchase the items were restricted by donors. Contributed collection items are not reflected on the consolidated financial statements. Proceeds from deaccessions are reflected as increases in net assets with donor restrictions. The museum maintains comprehensive fine arts collections of approximately 44,100 and 44,000 (unaudited) pieces for the years ended april 30, 2025 and 2024, respectively, spanning approximately 5,000 years and many cultures. The respective collections are used for the purposes of exhibition, education, study, research, publications and loans to other museums. The collections are kept under curatorial care, including extensive conservation practices and specialized fine arts insurance coverage, and are subject to the museum's policies that require proceeds from the sale of collection items to be used only for acquisition of additional, same-collection items. All collection items deaccessed during the years ended april 30, 2025 and 2024 were placed on consignment with art dealers to be sold in the ordinary course of business; as a consequence, some deaccessioned items remain unsold on consignment at year-end. No collection items were given away, destroyed, lost or stolen during the years ended april 30, 2025 and 2024.”
“The museum's comprehensive permanent collection spans 5,000 years and numbers over 44,100 objects. The asian art collection is among the finest in the world by virtue of its size, depth, and overall level of quality. The outstanding ancient art includes masterpieces from ancient mesopotamia, egypt and the classical world. The architecture, design and decorative arts collection contains european and american holdings. The european painting and sculpture art collection is of fine quality throughout. The american art collection includes paintings, sculptures, and drawings with superb portraits and landscapes by major 18th and 19th-century painters. The modern and contemporary art collection includes important works from the early 20th-century to the present. The native american art collection is particularly strong in southwest navajo material. The african art holdings include over 400 objects, and the museum has made an institutional commitment to develop kansas city as a significant center for the collection and study of african art. The breadth, depth, and quality of the museum's photography collection are matched by only a small group of the largest museums in the united states. The photography collection provides a panoramic vision of its subject, american photography, from the invention of the medium in 1839 to the present. The museum is also home of the 20-acre donald j. Hall sculpture park which includes the largest collection of henry moore sculptures outside of england. Any work of art not on view is available for research, unless its condition precludes this use.”
“Endowments and board designated quasi-endowment funds are in place to support specific education programs, exhibitions, collections administration, art acquisitions, and operations.”
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/PersonNm | 8 | DON HALL JR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DR VALERIE E CHOW |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | GREG MADAY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | KENT SUNDERLAND |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | TRUSTEE |
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723% higherAssets vs current organization
14% lowerDallas, TX
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Revenue vs current organization
959% higherAssets vs current organization
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Revenue vs current organization
824% higherAssets vs current organization
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