Museum Of Fine Arts: $99.6M Revenue, $123.3M Expenses

Museum Of Fine Arts grades an F: the lowest bracket on the efficiency rubric. 32/100 composite, with multiple factors below the national benchmarks — usually a combination of precarious reserves, declining or erratic revenue, and officer compensation that runs high relative to size.

At $99.6M in 2023 revenue, Museum Of Fine Arts sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. Reserves are the limiting factor: Museum Of Fine Arts carries relatively few months of operating expenses on its balance sheet, which can leave an organization exposed if a major funding source pauses.

Revenue has declined meaningfully over the five-year filing window — a pattern that warrants attention to underlying funding sustainability. Museum Of Fine Arts's 2023 revenue is materially below its earlier filings. Compensation for current officers and key employees runs $3.4M against $99.6M 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. Museum Of Fine Arts 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.