Museum Of Fine Arts Houston: $148.0M Revenue, $94.6M Program Expenses
Houston, Texas · EIN 741109655 · Filing year 2023
Museum Of Fine Arts Houston reported $148.0M in total revenue, $121.3M in total expenses, and $2.2B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($94.6M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: C (63/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $148.0M
- Total Expenses
- $121.3M
- Program Expenses
- $94.6M
- Program Expense Ratio
- 78.0%
- Total Assets
- $2.2B
- Reserve Months
- 215.4 months
- EIN
- 741109655
- Latest 990 Year
- 2023
- Top Officer Compensation
- Not reported
Museum Of Fine Arts Houston earns a C on the efficiency rubric — the median bucket on the LakeQuality scale, indicating performance close to the national midpoint across program spending, executive compensation, and financial reserves. Composite score: 63/100.
Museum Of Fine Arts Houston is a large nonprofit by U.S. standards: $148.0M in 2023 revenue against $121.3M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Museum Of Fine Arts Houston directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.
Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. 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. Museum Of Fine Arts Houston 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.
How Museum Of Fine Arts Houston Compares
Museum Of Fine Arts Houston directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 63/100 is 6 points below the Arts, Culture & Humanities category average. The organization holds 215.4 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Museum Of Fine Arts Houston, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Museum Of Fine Arts Houston has an Efficiency Score of C (63/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Museum Of Fine Arts Houston, Donor FAQ
Museum Of Fine Arts Houston has an Efficiency Score of C (63/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Museum Of Fine Arts Houston is not reported in the most recent IRS 990 filing on file.
Museum Of Fine Arts Houston reported $148.0M in annual revenue and $121.3M in total expenses for filing year 2023. The organization holds $2.2B in total assets.
For every dollar donated to Museum Of Fine Arts Houston, approximately 78.0 cents goes to program activities. The organization has 215.4 months of operating reserves, providing financial stability to sustain its mission.
Museum Of Fine Arts Houston is a registered 501(c) organization with EIN 741109655, based in Houston, Texas. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Arts, Culture & Humanities Nonprofits
$26.9M revenue · Grade C · Arts, Culture & Humanities
$20.1M revenue · Grade C · Arts, Culture & Humanities
$51.8M revenue · Grade C · Arts, Culture & Humanities
$72.8M revenue · Grade C · Arts, Culture & Humanities
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.