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Arts, Culture & Humanities · 2023 Form 990

Tampa Museum Of Art Foundation Inc: $9.9M Revenue, $1.5M Expenses

Tampa, Florida · EIN 311650423 · Filing year 2023

Tampa Museum Of Art Foundation Inc reported $9.9M in total revenue, $1.5M in total expenses, and $51.4M in total assets on its 2023 IRS Form 990. Current-officer compensation is not separately reported on this 990 filing. NonprofitTruth efficiency grade: C (54/100).

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

Reviewed by NonprofitTruth Editorial Team · Updated
C
Efficiency Score
54/100

Key Facts (2023 Form 990)

Total Revenue
$9.9M
Total Expenses
$1.5M
Total Assets
$51.4M
Reserve Months
410.0 months
Surplus / (Deficit)
$8.4M
EIN
311650423
Latest 990 Year
2023
Current-Officer Compensation
Not reported
Officer Comp % of Revenue
N/A

Tampa Museum Of Art Foundation Inc earns a C on the efficiency rubric — the median bucket on the NonprofitTruth scale, indicating performance close to the national midpoint across financial reserves, officer compensation, and revenue consistency. Composite score: 54/100.

Tampa Museum Of Art Foundation Inc is a small nonprofit: $9.9M in 2023 revenue. Most organizations at this scale rely on a small core of recurring donors plus grant cycles, and the IRS Form 990-EZ short form is sometimes used in place of the full 990. Reserves are the limiting factor: Tampa Museum Of Art Foundation Inc 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 been roughly stable over the five-year filing window. The pattern is normal for established organizations operating in a mature program area. Current-officer compensation is not separately reported in the filing — typical for nonprofits where leadership 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. Tampa Museum Of Art Foundation Inc 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.


$9.9M
Revenue
$1.5M
Expenses
$51.4M
Total Assets
N/A
Officer Compensation

How Tampa Museum Of Art Foundation Inc Compares

Tampa Museum Of Art Foundation Inc earns a NonprofitTruth efficiency grade of C (54/100). That is 2 points below the Arts, Culture & Humanities category average. The organization holds 410.0 months of operating reserves, indicating strong financial cushion.

Financials

990 Financial Snapshot

$1.5M
Total Expenses
Filing year 2023
Not reported
Officer Compensation
on this 990
410.0 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, Tampa Museum Of Art Foundation Inc reported $9.9M in revenue against $1.5M in total functional expenses for filing year 2023, holding roughly 410.0 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.

Trend

Revenue History

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Tampa Museum Of Art Foundation Inc has a NonprofitTruth Efficiency Score of C (54/100), 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.

Tampa Museum Of Art Foundation Inc, Donor FAQ

Tampa Museum Of Art Foundation Inc has a NonprofitTruth Efficiency Score of C (54/100), 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.

Current-officer compensation for Tampa Museum Of Art Foundation Inc is not separately reported in the most recent IRS Form 990 on file. This is common when leadership is paid through a related entity or the organization files a short-form return.

Tampa Museum Of Art Foundation Inc reported $9.9M in annual revenue and $1.5M in total expenses for filing year 2023. The organization holds $51.4M in total assets.

Tampa Museum Of Art Foundation Inc holds approximately 410.0 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its C efficiency grade.

Tampa Museum Of Art Foundation Inc is a registered 501(c) organization with EIN 311650423, based in Tampa, Florida. 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.