Civic Intelligence

Montgomery Museum of Fine Arts

EIN 63-6049847 • 501(c)3 • Montgomery, AL

Profile

Looking at our current and future purpose and practice, the mmfa envisions a thriving organization, one that stewards its public and private assets-art, finances, facility and people-responsibly and with an eye to sustainability, and provides compelling experiences centered on human creativity valued for their significant contributions to the individual wellbeing of its citizens and visitors and to the rising vibrance of the city, county, and region.

One Museum DriveMontgomery, AL 36117

www.mmfa.org

Siviq Scores

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

Liabilities / Assets

25th percentile

0.03x

Higher debt load relative to assets than 25% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.26x

Higher debt load relative to revenue than 54% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

5th percentile

-57%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

54th percentile

5.5%

Faster asset growth than 54% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-16%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$15,690,106

Up $824,635 (+5.5%) from 2023

Liabilities

Down

$484,684

Down $29,708 (-5.8%) from 2023

Net Assets

Up

$15,205,422

Up $854,343 (+6.0%) from 2023

Revenue

Down

$1,863,213

Down $344,154 (-16%) from 2023

Expenses

Up

$2,925,056

Up $1,470,679 (+101%) from 2023

Net Income

Down

-$1,061,843

Down $1,814,833 (-241%) from 2023

Trend Graphs

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $19,631,071Liabilities 2010: $793,486Net Assets 2010: $18,837,5852010Assets 2011: $15,315,804Liabilities 2011: $642,200Net Assets 2011: $14,673,6042011Assets 2012: $16,124,429Liabilities 2012: $389,806Net Assets 2012: $15,734,6232012Assets 2013: $17,008,608Liabilities 2013: $319,709Net Assets 2013: $16,688,8992013Assets 2014: $19,774,400Liabilities 2014: $224,951Net Assets 2014: $19,549,4492014Assets 2015: $14,902,406Liabilities 2015: $228,779Net Assets 2015: $14,673,6272015Assets 2016: $15,374,583Liabilities 2016: $204,042Net Assets 2016: $15,170,5412016Assets 2017: $13,958,316Liabilities 2017: $520,122Net Assets 2017: $13,438,1942017Assets 2018: $13,069,875Liabilities 2018: $600,888Net Assets 2018: $12,468,9872018Assets 2019: $12,867,836Liabilities 2019: $399,872Net Assets 2019: $12,467,9642019Assets 2020: $13,156,748Liabilities 2020: $441,291Net Assets 2020: $12,715,4572020Assets 2021: $14,468,966Liabilities 2021: $298,859Net Assets 2021: $14,170,1072021Assets 2022: $12,747,355Liabilities 2022: $295,899Net Assets 2022: $12,451,4562022Assets 2023: $14,865,471Liabilities 2023: $514,392Net Assets 2023: $14,351,0792023Assets 2024: $15,690,106Liabilities 2024: $484,684Net Assets 2024: $15,205,4222024

Highlighted filing

2024

Assets$15,690,106
Liabilities$484,684
Net Assets$15,205,422

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2010: $576,574Expenses 2010: $1,643,268Net Income 2010: -$1,066,6942010Revenue 2011: $1,079,450Expenses 2011: $5,006,911Net Income 2011: -$3,927,4612011Revenue 2012: $3,167,400Expenses 2012: $2,206,381Net Income 2012: $961,0192012Revenue 2013: $2,759,203Expenses 2013: $1,804,927Net Income 2013: $954,2762013Revenue 2014: $4,578,184Expenses 2014: $1,613,488Net Income 2014: $2,964,6962014Revenue 2015: $2,604,297Expenses 2015: $6,250,685Net Income 2015: -$3,646,3882015Revenue 2016: $1,033,082Expenses 2016: $1,579,867Net Income 2016: -$546,7852016Revenue 2017: $1,761,715Expenses 2017: $4,024,783Net Income 2017: -$2,263,0682017Revenue 2018: $1,814,218Expenses 2018: $3,445,561Net Income 2018: -$1,631,3432018Revenue 2019: $2,129,841Expenses 2019: $1,499,319Net Income 2019: $630,5222019Revenue 2020: $1,625,620Expenses 2020: $1,541,633Net Income 2020: $83,9872020Revenue 2021: $2,387,013Expenses 2021: $2,002,014Net Income 2021: $384,9992021Revenue 2022: $2,048,734Expenses 2022: $1,756,682Net Income 2022: $292,0522022Revenue 2023: $2,207,367Expenses 2023: $1,454,377Net Income 2023: $752,9902023Revenue 2024: $1,863,213Expenses 2024: $2,925,056Net Income 2024: -$1,061,8432024

Highlighted filing

2024

Revenue$1,863,213
Expenses$2,925,056
Net Income-$1,061,843

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.7$0.48$15.2$1.86$2.93$1.06
2023Detailed filing. Detailed filing data is available for this year.$14.9$0.51$14.4$2.21$1.45$0.75
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$0.30$12.5$2.05$1.76$0.29
2021Detailed filing. Detailed filing data is available for this year.$14.5$0.30$14.2$2.39$2.00$0.38
2020Detailed filing. Detailed filing data is available for this year.$13.2$0.44$12.7$1.63$1.54$0.08
2019Detailed filing. Detailed filing data is available for this year.$12.9$0.40$12.5$2.13$1.50$0.63
2018Detailed filing. Detailed filing data is available for this year.$13.1$0.60$12.5$1.81$3.45$1.63
2017Detailed filing. Detailed filing data is available for this year.$14.0$0.52$13.4$1.76$4.02$2.26
2016Detailed filing. Detailed filing data is available for this year.$15.4$0.20$15.2$1.03$1.58$0.55
2015Detailed filing. Detailed filing data is available for this year.$14.9$0.23$14.7$2.60$6.25$3.65
2014Detailed filing. Detailed filing data is available for this year.$19.8$0.22$19.5$4.58$1.61$2.96
2013Summary only. Only limited summary data is available for this year.$17.0$0.32$16.7$2.76$1.80$0.95
2012Summary only. Only limited summary data is available for this year.$16.1$0.39$15.7$3.17$2.21$0.96
2011Summary only. Only limited summary data is available for this year.$15.3$0.64$14.7$1.08$5.01$3.93
2010Summary only. Only limited summary data is available for this year.$19.6$0.79$18.8$0.58$1.64$1.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
May 1, 2025
Return Version
2023v6.0
Gross Receipts
$5,184,913
Mission and Program Overview

Mission

The purpose of the montgomery museum of fine arts is to collect, preserve, exhibit, and interpret art of the highest quality for the enrichment, enlightenment, and enjoyment of its public.

Mmfa provides experiences centered on human creativity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,810,657$9,573,277▲ $762,620
Savings and Temporary Cash Investments$3,801,011$4,723,119▲ $922,108
Cash and Non-Interest-Bearing Accounts$1,130,097$779,858▼ $350,239
Accounts Receivable$541,281$90,702▼ $450,579
Land, Buildings, and Equipment, Net$39,575$34,346▼ $5,229
Inventories for Sale or Use$5,538$14,325▲ $8,787
Prepaid Expenses and Deferred Charges$35,537$5,000▼ $30,537
Total Assets$14,865,471$15,690,106▲ $824,635
Other Assets Total$501,775$469,479▼ $32,296
Liabilities
Deferred Revenue$460,398$399,096▼ $61,302
Accounts Payable and Accrued Expenses$53,994$85,588▲ $31,594
Total Liabilities$514,392$484,684▼ $29,708
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,796,623$8,956,544▲ $1,159,921
Net Assets With Donor Restrictions$6,554,456$6,248,878▼ $305,578
Total Net Assets Fund Balance$14,351,079$15,205,422▲ $854,343
Total Liabilities and Net Assets / Fund Balance$14,865,471$15,690,106▲ $824,635

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$34,346$139,140$173,486

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$13,541,549$78▲ $649,404$149,451$14,340,482
2022$12,288,624$716▲ $257,676$-994,533$13,541,549
2021$14,103,085$65▲ $524,220$-2,338,746$12,288,624
2020$13,103,080-▲ $832,514$899,239$14,103,085
2019$12,699,162$25▲ $324,629$64,792$13,103,080
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cathy MartinImmediate Past President
Laurie WeilPresident
William FordVice President
Barrett AustinBoard Member
Brandon BarkerBoard Member
Charlsey Chuck Adkins-willsBoard Member
Chintia KiranaBoard Member
Demonica PughBoard Member
Derryn MotenBoard Member
Edwin C BridgesBoard Member
Griffith WallerBoard Member
Holly Caraway MccorkleBoard Member
Jason WestbrookBoard Member
Johnnie SankeyBoard Member
Kathy SawyerBoard Member
Kelli GavinBoard Member
Larry CurryBoard Member
Lucy JacksonBoard Member
Mark SneadBoard Member
Michael HartBoard Member
Michael Keith JordanBoard Member
Myrtle GooreBoard Member
Natalie Weary WrightBoard Member
Octavius JacksonBoard Member
Penny WeaverBoard Member
Rhon JonesBoard Member
Robert RunkleBoard Member
Sheila AustinBoard Member
Sheron RoseBoard Member
Sondra Rhoads JohnsonBoard Member
Steve RussellBoard Member
Susan PriceBoard Member
Pete Knight JrSecretary
Dee RussellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$911,016
Program Service Revenue
$123,669
Investment Income
$714,812
Other Revenue
$113,716
All Other Contributions
$310,994
Change in Net Assets
$-1,061,843

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table3$46,000Fair Market Value (FMV)
Other Non Cash Contri Table3$45,202Fair Market Value (FMV)
Other Non Cash Contri Table2$6,363Fair Market Value (FMV)
Other Non Cash Contri Table1$1,070Fair Market Value (FMV)
Total Noncash Contributions9$98,635-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,799,672
Revenue Not Reported on Financial Statements
$63,541
Revenue Not Reported on Form 990
$1,916,186
Total Revenue per Audited Statements
$3,715,858
Total Revenue per Form 990
$1,863,213
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,599,556
Salaries, Compensation, and Employee Benefits$325,500
Total Fundraising Expense$10,746
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$100,180$177,735$9,943$287,858
Insurance$97$102,724-$102,821
All Other Expenses$51,858$36,289-$88,147
Fees for Services Management-$63,540-$63,540
Advertising-$46,000-$46,000
Other Expenses$7,513$37,581-$45,094
Payroll Taxes$4,362$17,248$803$22,413
Occupancy$2,962$15,885-$18,847
Travel$12,310$1,874-$14,184
Other Employee Benefits-$10,759-$10,759
Office Expenses$3,439$4,771-$8,210
Depreciation Depletion$3,644$1,586-$5,230
Pension Plan Contributions$4,470--$4,470
Fees for Services Accounting$1,387--$1,387
Total Functional Expenses$2,093,524$820,786$10,746$2,925,056

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,925,056
Expenses Not Reported on Financial Statements$1,706,741
Other Expense Adjustments$1,643,200
Expenses per Audited Statements$1,218,315
Total Expenses per Audited Statements$1,218,315
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art Auction----
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The montgomery museum of fine arts is a nonprofit organization with board members who have the right to participate in the organization's governance, elect members of the governing body and approve significant decisions of the governing body. Members do not receive distirbutions of income or assets from the organization nor may they receive a share of the organization's profits, excess dues or a share of the organization's net assets upon the organization's dissolution. The museum is a department of the city of montgomery, governed by the city's rules and regulations, overseen by the city's mayor and city council. The city of montgomery sets general policy and procedures for all its deparments including the museum.

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

Members of the association elect board members.

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

Members of the association may make changes to the by-laws at an annual meeting.

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

A copy of the form 990 was emailed to key board members before it was filed. It was also reviewed by the treasurer and accountant before the tax return was filed.

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

A copy of the montgomery museum of fine arts' code of ethics will be provided to each staff member at the beginning of their relationship with the museum. The museum's executive committee of the board of trustees serves as the ethics committee of the board of trustees. Some employees will have to complete an annual questionnaire for the state ethics commission.

Form 990, Part VI, Section B, Line 15

The executive committee reviewed data of compensation of other art museum directors: in the geographical region, by metropolitan area population, and by operating budget size. Compensation documentation and minutes of meetings are kept on record in the museum's board files and personnel files.

Form 990, Part VI, Section C, Line 19

The montgomery museum of fine arts governing documents, conflicts of interest policy, audit, annual report, and other policies are available upon request.

Filing and Contact Details

Filer

Filer Name
Montgomery Museum of Fine Arts
EIN
63-6049847
Phone
3346254372
Address
ONE MUSEUM DRIVE, MONTGOMERY, AL 36117

Signing Officer

Name
Jason Westbrook
Title
Treasurer
Phone
3346254372
Signed
2025-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Westbrook
Formed
1964
Legal Domicile
Al
Voting Board Members
34
Independent Board Members
34
Employees
37
Volunteers
27

Preparer

Firm
Cri Advisors LLC
Address
7550 HALCYON SUMMIT DRIVE, MONTGOMERY, AL 36117
Preparer
M Chad Singletary CPA
Phone
3342716678
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization's executive committee oversees the audit of the organization.

Financial Statement Notes

PART III, LINE 1A:

In confromity with the practice followed by many museums, art objects purchased by or donated to the association are not included in in the statement of financial position. The association maintains a separate record of all its art objects.

PART III, LINE 4:

The montgomery museum of fine arts holds more than 5,000 objects in its collection, consisting primarily of american works of art from the eighteenth century into the twenty-first century. The collection includes art from the southeastern united states, decorative arts in the form of porcelain and glass, and old master prints. The american collections, as well as the european old master prints, form an outstanding historical context for the approximately 250 works from the museum's geographic region, which date from the late-nineteenth century to the present. The museum's american collection is a comprehensive survey of styles, techniques, and subject matter from the 18th through the 20th centuries illustrating major art movements from colonial times to the present. Portions of the collection are on permanent exhibition in various installations that explore different themes or historical perspectives. The core of the american art installation is the blount collection, containing 41 historically significant paintings by 33 american artists including copley, moran, homer, sargent, hopper, and o'keeffe. This chronological survey of american paintings significantly enhances the overall museum collections, and the museum's educational role by providing a comprehensive view of important styles and movements in american art. While the museum's american art collection is among the strongest in the southeastern u.s., the museum's print collection is also highly significant. The rich collection of old master prints includes multiple works by outstanding european printmakers from the fifteenth to the nineteenth centuries such as schoengauer, d rer, rembrandt, canaletto, goya, and whistler. The collection now includes over 1,500 outstanding impressions. These works embody various printmaking techniques and demonstrate the scope and quality of this distinctive collection. Utilizing the museum's weil print endowment, the museum consistently purchases old master prints made before 1900 to enhance the museum's holdings. The collection of works on paper also includes popular engravers such as currier and ives and extends to works by major modern printmakers including rosenquist, warhol, and stella. The museum's holdings of historical and modern photography are also increasing, particularly in the area of works by southern photographers. In 1930, the museum was founded with the intention of exhibiting works by alabama artists and to promote the cultural, artistic, and educational life of the people of alabama. Paintings were donated by the director of the museum's art school, kelly fitzpatrick, as well as by his students to form the core of early holdings. Today, works by alabama artists and, in a larger context, works by southern regional artists, remain a source of great pride for the montgomery area and are accessible reminders of its cultural and artistic heritage. Historical and contemporary works by artists from alabama and the southeast form an essential and expanding component of mmfa's collection; more than two hundred examples of painting, works on paper and sculpture are now in the collection. Represented are nineteenth-century portraitists, nicola marschall and jacques amans, and landscape painters, joseph rusling meeker, walter anderson and will henry stevens. Artists of the wpa era include j. Kelly fitzpatrick, arthur bairnsfarther, anne goldthwaite and charles shannon. Many of these works were executed for wpa projects in alabama and donated to the museum by the project or by the artists. Important contemporary, regional artists represented are roger brown, william christenberry, and frank fleming. Works by self-taught artists are also an expanding part of the museum's permanent collection. Quilts by alabama quiltmakers of the mid-to-late twentieth century, as well as a selection of works by alabama artists such as jimmy lee sudduth, mose tolliver and bill traylor, form an important facet of the museum's representation of works b

PART X, LINE 2:

The association has not recognized any respective liability for unrecognized tax benefits as it has no known tax positions that would subject the association to any material income tax exposure. The tax years that remain subject to examination are the periods beginning on october 1, 2020 for all major tax jurisdictions.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

ACQUISITIONS 1,643,200.

Raw XML AppendixShowing 400 of 736 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/Desc0FY2023-24 I LEARNING + PROGRAMS IN THE PAST YEAR, THE L+P DEPARTMENT HAS CREATED AND LED 400+ PROGRAMS, TOURS, WORKSHOPS, AND EVENTS IN THE MUSEUM AND COMMUNITY, WITH 9,133 PARTICIPANTS FOR PROGRAMS AND 3,683 FOR TOURS. EVERY PROGRAM INCORPORATES ASPECTS OF DEAI (DIVERSITY, EQUITY, ACCESSIBILITY, AND INCLUSION.) FROM NOVEMBER 2023 TO DECEMBER 2026, ALL MMFA PUBLIC PROGRAMS WILL BE FREE TO THE PUBLIC BECAUSE OF THE ART BRIDGES ACCESS FOR ALL GRANT, WHICH TOTALS $280,000. THE L+P DEPARTMENT WROTE AND MANAGED THIS GRANT. DR.A.W., DROP-IN ARTMAKING WORKSHOP, IS A NEW FREE PROGRAM ADDED TO THE ARTWORKS INTERACTIVE GALLERY. DURING THE FALL, WINTER, AND SUMMER HOLIDAYS, VISITORS CAN CREATE ART INSPIRED BY THE PERMANENT COLLECTION AND TEMPORARY EXHIBITIONS. IN FALL 2024, WE ADDED THE INFANT-FOCUSED ART PROGRAM, ART CRAWL. PARTNERING WITH CLYFFORD STILL MUSEUM, WHERE THE PROGRAM ORIGINATED, ART CRAWL IS AN UPLIFTING OPPORTUNITY FOR INFANTS TO HAVE A MEANINGFUL FORMATIVE EXPERIENCE WITH ART. BOTH PARENTS AND CARETAKERS WILL BE A PART OF THIS JOURNEY AND LEARN WITH THEIR CHILDREN. ART CRAWL FEATURES AN ARRAY OF THEMES FOR EACH CLASS, RANGING FROM COLOR THEORY, TO SHAPES AND TEXTURE. RECENT OUTREACH PROGRAMS INCLUDE MAXWELL AFB, STEAMFEST, AND LANDMARKS. EACH PROGRAM IS PLANNED WITH GOALS, TARGET AUDIENCES, AND COMMUNITY ENGAGEMENT AT THE FOREFRONT. ARTWORKS INTERACTIVE GALLERY IS THE #1 REASON FOR VISITING THE MMFA, WITH APPROXIMATELY 26,385 ANNUAL VISITORS. A DEDICATED SENSORY ROOM HAS BEEN ADDED NEAR THE ARTWORKS INTERACTIVE GALLERY. THIS AREA PROVIDES AN INCLUSIVE, SENSORY-FRIENDLY SPACE FOR ALL VISITORS DURING THEIR MUSEUM VISIT. ARTED CENTRAL, A MONTHLY PROFESSIONAL DEVELOPMENT PROGRAM FOR ALL PUBLIC, PRIVATE, OR RETIRED EDUCATORS AND ARTISTS, SUPPORTS EDUCATORS. EACH MONTH, TEACHERS SHARE LESSON PLANS AND TECHNIQUES THAT CAN BE USED IN THEIR CLASSROOMS. WE HAVE CONTINUED TO GROW AND EXPAND THE VISITOR SERVICE PROGRAM AT MMFA TO PROVIDE AN INVALUABLE SERVICE TO THE MUSEUM AND THE PUBLIC. OUR VISITOR SERVICES REPRESENTATIVES CREATE A POSITIVE AND WELCOMING ENVIRONMENT FOR ALL VISITORS WHILE OFFERING INFORMATION AND ASSISTANCE THROUGHOUT THE GUEST INTERACTION WITH MMFA.
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