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Arts, Culture & Humanities · 2023 Form 990

San Francisco Museum Of Modern Art: $61.2M Revenue, $91.4M Expenses

San Francisco, California · EIN 941156300 · Filing year 2023

San Francisco Museum Of Modern Art reported $61.2M in total revenue, $91.4M in total expenses, and $805.5M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $1.7M (2.70% of revenue). NonprofitTruth efficiency grade: D (35/100).

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

Reviewed by NonprofitTruth Editorial Team · Updated
D
Efficiency Score
35/100

Key Facts (2023 Form 990)

Total Revenue
$61.2M
Total Expenses
$91.4M
Total Assets
$805.5M
Reserve Months
105.8 months
Surplus / (Deficit)
$-30,189,406
EIN
941156300
Latest 990 Year
2023
Current-Officer Compensation
$1.7M
Officer Comp % of Revenue
2.70%

San Francisco Museum Of Modern Art pulls a D on the efficiency rubric. The composite of 35/100 reflects below-median performance on the bundle of factors — typically driven by thin operating reserves, volatile revenue, or outsized officer compensation relative to organizational size.

San Francisco Museum Of Modern Art reported $61.2M 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, San Francisco Museum Of Modern Art 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. San Francisco Museum Of Modern Art's 2023 revenue is materially below its earlier filings. Compensation for current officers and key employees runs $1.7M against $61.2M 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. San Francisco Museum Of Modern Art 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.


$61.2M
Revenue
$91.4M
Expenses
$805.5M
Total Assets
$1.7M
Officer Compensation

How San Francisco Museum Of Modern Art Compares

San Francisco Museum Of Modern Art earns a NonprofitTruth efficiency grade of D (35/100). That is 21 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 2.70% of total revenue. The organization holds 105.8 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$91.4M
Total Expenses
Filing year 2023
$1.7M
Officer Compensation
2.70% of revenue
105.8 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, San Francisco Museum Of Modern Art reported $61.2M in revenue against $91.4M in total functional expenses for filing year 2023, holding roughly 105.8 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 $1.7M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 2.70% 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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San Francisco Museum Of Modern Art has a NonprofitTruth Efficiency Score of D (35/100), 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.

San Francisco Museum Of Modern Art, Donor FAQ

San Francisco Museum Of Modern Art has a NonprofitTruth Efficiency Score of D (35/100), 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.

San Francisco Museum Of Modern Art reports $1.7M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 2.70% of the organization's $61.2M 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.

San Francisco Museum Of Modern Art reported $61.2M in annual revenue and $91.4M in total expenses for filing year 2023. The organization holds $805.5M in total assets.

San Francisco Museum Of Modern Art holds approximately 105.8 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its D efficiency grade.

San Francisco Museum Of Modern Art is a registered 501(c) organization with EIN 941156300, based in San Francisco, California. 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.