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Arts, Culture & Humanities · 2023 Form 990

Cincinnati Museum Center: $26.9M Revenue, $24.8M Expenses

Cincinnati, Ohio · EIN 311212634 · Filing year 2023

Cincinnati Museum Center reported $26.9M in total revenue, $24.8M in total expenses, and $322.0M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $553K (2.05% of revenue). NonprofitTruth efficiency grade: C (53/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
53/100

Key Facts (2023 Form 990)

Total Revenue
$26.9M
Total Expenses
$24.8M
Total Assets
$322.0M
Reserve Months
155.6 months
Surplus / (Deficit)
$2.1M
EIN
311212634
Latest 990 Year
2023
Current-Officer Compensation
$553K
Officer Comp % of Revenue
2.05%

The composite efficiency score of 53/100 puts Cincinnati Museum Center at C — neither standout nor failing. Some factors run above the median (often reserves) while others run below (often revenue stability or officer-comp ratio).

Cincinnati Museum Center reported $26.9M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. On the financial-health factor, Cincinnati Museum Center runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.

Revenue has declined meaningfully over the five-year filing window — a pattern that warrants attention to underlying funding sustainability. Cincinnati Museum Center's 2023 revenue is materially below its earlier filings. Compensation for current officers and key employees runs $552,530 against $26.9M in revenue — within the band third-party charity raters typically consider reasonable for an organization of this size and complexity. This is an aggregate across all listed officers, not a single executive's salary. Cincinnati Museum Center sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$26.9M
Revenue
$24.8M
Expenses
$322.0M
Total Assets
$553K
Officer Compensation

How Cincinnati Museum Center Compares

Cincinnati Museum Center earns a NonprofitTruth efficiency grade of C (53/100). That is 3 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 2.05% of total revenue. The organization holds 155.6 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$24.8M
Total Expenses
Filing year 2023
$553K
Officer Compensation
2.05% of revenue
155.6 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Cincinnati Museum Center reported $26.9M in revenue against $24.8M in total functional expenses for filing year 2023, holding roughly 155.6 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.

The 990 reports $553K in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 2.05% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.

Trend

Revenue History

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Cincinnati Museum Center has a NonprofitTruth Efficiency Score of C (53/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Cincinnati Museum Center, Donor FAQ

Cincinnati Museum Center has a NonprofitTruth Efficiency Score of C (53/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.

Cincinnati Museum Center reports $553K in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 2.05% of the organization's $26.9M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.

Cincinnati Museum Center reported $26.9M in annual revenue and $24.8M in total expenses for filing year 2023. The organization holds $322.0M in total assets.

Cincinnati Museum Center holds approximately 155.6 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.

Cincinnati Museum Center is a registered 501(c) organization with EIN 311212634, based in Cincinnati, Ohio. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.