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Arts, Culture & Humanities · 2023 Form 990

Cincinnati Museum Center: $26.9M Revenue, $19.4M Program 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. 78.0% of expenses ($19.4M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: C (53/100).

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

C
Efficiency Score
53/100

Key Facts (2023 Form 990)

Total Revenue
$26.9M
Total Expenses
$24.8M
Program Expenses
$19.4M
Program Expense Ratio
78.0%
Total Assets
$322.0M
Reserve Months
155.6 months
EIN
311212634
Latest 990 Year
2023
Top Officer Compensation
Not reported

The composite efficiency score of 53/100 puts Cincinnati Museum Center at C — neither standout nor failing. Some factors run above the median (typically program spending) while others run below (typically reserves or trend stability).

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. Cincinnati Museum Center directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.

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. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. 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
78.0%
Program Spending

How Cincinnati Museum Center Compares

Cincinnati Museum Center directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 53/100 is 16 points below the Arts, Culture & Humanities category average. The organization holds 155.6 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$19.4M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
155.6 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to Cincinnati Museum Center, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


Cincinnati Museum Center has an Efficiency Score of C (53/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

Cincinnati Museum Center, Donor FAQ

Cincinnati Museum Center has an Efficiency Score of C (53/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for Cincinnati Museum Center is not reported in the most recent IRS 990 filing on file.

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.

For every dollar donated to Cincinnati Museum Center, approximately 78.0 cents goes to program activities. The organization has 155.6 months of operating reserves, providing financial stability to sustain its mission.

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 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.