THE MORRIS MUSEUM INC

EIN: 221514241 501(c)(3) Arts, Culture & Humanities

MORRISTOWN, NJ

Total Revenue
$2,523,247
Total Expenses
$4,005,122
Total Assets
$14,080,989
Net Assets
$11,615,949
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1913
Legal Domicile
NJ
Principal Officer
THOMAS LOUGHMAN
Phone
9739713703
Tax Period
2024-07-01 to 2025-06-30

THE MORRIS MUSEUM INC, founded in 1913, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.5M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $4.0M exceeded revenue, resulting in a 59% operating deficit.

Mission

VISION: THE MORRIS MUSEUM IS THE REGION'S PREMIER ENGINE OF CURIOSITY AND WONDERMENT. MISSION: THE MORRIS MUSEUM ENRICHES LIVES WITH EXEMPLARY EXHIBITIONS AND PERFORMANCES OF ART, DESIGN, AND SCIENCE. SEE STATEMENT ATTACHED ON SCHEDULE O.

Program Service Accomplishments

Program 1
Expenses: $1,871,178 Revenue: $235,158

EXHIBITIONS AND EDUCATION:FOR COMPLETE PROGRAM PROFILE AND IMPACT, SEE THE MUSEUM'S ANNUAL REPORTS ON ITS WEBSITE: WWW.MORRISMUSEUM.ORG/OUR-TEAMFY2025 WAS A PIVOTAL PERIOD OF CURATORIAL EXCELLENCE...

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EXHIBITIONS AND EDUCATION:FOR COMPLETE PROGRAM PROFILE AND IMPACT, SEE THE MUSEUM'S ANNUAL REPORTS ON ITS WEBSITE: WWW.MORRISMUSEUM.ORG/OUR-TEAMFY2025 WAS A PIVOTAL PERIOD OF CURATORIAL EXCELLENCE AND PROGRAMMATIC GROWTH. ARTISTS OF INTERNATIONAL STANDING AND REGIONAL ROOTS PRESENTED THEIR WORK, MANY OF WHOM WERE WORKING WITH THE MUSEUM FOR THE FIRST TIME. IT PRESENTED 24 SPECIAL EXHIBITIONS AND INSTALLATIONS.SEE STATEMENT ATTACHED ON SCHEDULE O.EXHIBITIONS AND EDUCATION:FOR COMPLETE PROGRAM PROFILE AND IMPACT, SEE THE MUSEUM'S ANNUAL REPORTS ON ITS WEBSITE: WWW.MORRISMUSEUM.ORG/OUR-TEAMTHE MUSEUM PRESENTS OVER 20 SPECIAL EXHIBITIONS AND COLLECTION INSTALLATIONS EACH YEAR AND PUBLISHES CATALOGS FOR THESE PROJECTS FROM TIME TO TIME. RECENT OFFERINGS RANGED FROM A SHOWCASE OF CONTEMPORARY SCULPTURE MADE IN NJ TO A MID-CAREER RETROSPECTIVE OF JAMES PROSEK AND A MAJOR SURVEY OF THE WORKS OF 20TH CENTURY PAINTER SALLY MICHEL. THE 45,000+ COLLECTIONS THE MUSEUM HOLDS IN THE PUBLIC TRUST INCLUDE OBJECTS OF ART, DESIGN, GLOBAL MATERIAL CULTURE, AND NATURAL SCIENCE (MINERALS, FOSSILS, AND BIOLOGICAL SPECIMENS).THE MUSEUM'S EDUCATION PROGRAM EMPHASIZES GROUP VISITS OF K-12 STUDENTS YET ALSO INCLUDES ART CLASSES, COLLEGE AND GRADUATE-LEVEL INTERNSHIPS, TWO ENTHUSIAST-LED SOCIETIES (ASTRONOMICAL AND MINERALOGICAL), ADULT AND LIFELONG-LEARNING TOURS, FAMILY FESTIVALS, AND THE CREATIVE PLAY EXPERIENCE SPARK!LAB.FY2025 WAS A PIVOTAL PERIOD OF CURATORIAL EXCELLENCE AND PROGRAMMATIC GROWTH. ARTISTS OF INTERNATIONAL STANDING AND REGIONAL ROOTS PRESENTED THEIR WORK, MANY OF WHOM WERE WORKING WITH THE MUSEUM FOR THE FIRST TIME. IT PRESENTED 24 SPECIAL EXHIBITIONS AND INSTALLATIONS.IN TANDEM WITH THIS EFFORT, THE STAFF FOUND CREATIVE AND THOUGHTFUL OPPORTUNITIES TO FEATURE OBJECTS FROM THE 45,000+ COLLECTION WITHIN CONTEMPORARY PROJECTS. REFRESHING THE MAIN GALLERY BROUGHT THE SPACE TO A HIGHER AESTHETIC BEFITTING THE CALIBER OF THE EXHIBITING ARTISTS; SIMILAR UPGRADES HAVE MADE THE GUINNESS WORKSHOP AREA READY TO HOST FOCUSED PROJECTS. THERE WERE NOTABLE COLLECTION ACQUISITIONS, THE INCLUSION OF 38 COLLECTION ITEMS ON VIEW IN OUR CONTEMPORARY SHOWS, AND 41 LENDERS PROPELLING OUR EXHIBITION OFFERINGS. PUBLIC PROGRAMMING IN CONJUNCTION WITH THESE EXHIBITIONS GENERATED ADDITIONAL ENGAGEMENT.CONTINUING ITS 112-YEAR COMMITMENT TO EDUCATION WITH A DYNAMIC AND MULTIFACETED APPROACH, EDUCATION PROGRAMS AT THE MUSEUM SERVED A WIDE RANGE OF AUDIENCES FROM YOUNG CHILDREN AND FAMILIES TO HIGH SCHOOL/COLLEGE/GRADUATE STUDENTS AND OLDER ADULTS. SOME OF THESE PROGRAMS WERE NEW INITIATIVES WITHIN TOUR PROGRAMS, FESTIVALS, AND PROFESSIONAL MENTORSHIP. THE MUSEUM HOSTED 83 GROUP VISITS INCLUDING K-12 STUDENTS FROM 69 INSTITUTIONS FROM ACROSS NORTHERN AND CENTRAL NJ. OUR SMITHSONIAN SPARK!LAB WELCOMED 19,857 VISITS IN THE PERIOD.

Program 2
Expenses: $817,589 Revenue: $120,210

PERFORMING ARTS:PERFORMANCES BY GRAMMY-WINNING ARTISTS AND RENOWN DANCE TROUPES DELIGHT AUDIENCES AT THE MORRIS MUSEUM, WHETHER PRESENTED IN THE 312-SEAT BICKFORD THEATRE, ELSEWHERE IN THE BUILDING...

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PERFORMING ARTS:PERFORMANCES BY GRAMMY-WINNING ARTISTS AND RENOWN DANCE TROUPES DELIGHT AUDIENCES AT THE MORRIS MUSEUM, WHETHER PRESENTED IN THE 312-SEAT BICKFORD THEATRE, ELSEWHERE IN THE BUILDING, OR OUTSIDE. THE FY2025 SEASON OFFERED A DYNAMIC RANGE OF EXPERIENCES IN 25 INDOOR PERFORMANCES, 13 FILM SCREENINGS, A VARIETY OF PUBLIC PROGRAMS, AND 13 OUTDOOR CONCERTS. COLLABORATIVE EVENTS WITH NJ PBS AFFILIATE, ART IN THE ATRIUM, FARLIEGH DICKINGSON UNIVERSITY, AND OTHER PARTNERS WERE ALSO ACTIVATED WITHIN OUR SPACES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,590,759
Program Service Revenue $355,368
Investment Income $296,280
Other Revenue $280,840
TOTAL REVENUE $2,523,247

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,808,734
Fundraising Expenses $674,621
Program Expenses $2,688,767
Other Expenses $2,196,388
TOTAL EXPENSES $4,005,122

Year-over-Year Comparison

2024 2023 Change
Revenue $2,523,247 $3,145,103 -0.2%
Expenses $4,005,122 $3,256,408 +0.2%
Net Income $-1,481,875 $-111,305 +12.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
17
Independent Members
16
Employees
44
Volunteers
59

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$247,497
Total Directors
17
$247,497
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS LOUGHMAN PRESIDENT & CEO 40.00
Officer Director
$230,979 $16,518 $247,497
EDWARD VON DER LINDE CHAIR 2.00
Officer Director
$0 $0 $0
NELSON SCHAENEN JR FIRST VICE CHAIR 2.00
Officer Director
$0 $0 $0
MARSHA BALDINGER SECOND VICE CHAIR 2.00
Officer Director
$0 $0 $0
BARRY JARUZELSKI THIRD VICE CHAIR 2.00
Officer Director
$0 $0 $0
DARREN SCHULMAN ASST. TREASURER 2.00
Officer Director
$0 $0 $0
MARGIE WANG TREASURER 2.00
Officer Director
$0 $0 $0
RICHARD A WATSON ESQ SECRETARY 2.00
Officer Director
$0 $0 $0
MATT MIGNON TRUSTEE 2.00
Director
$0 $0 $0
ALEXANDRA BRAUNSTEIN MD TRUSTEE 2.00
Director
$0 $0 $0
SCOTT LEONARD ESQ TRUSTEE 2.00
Director
$0 $0 $0
FRANK CESARO TRUSTEE 2.00
Director
$0 $0 $0
RICHARD NOLAN JR ESQ TRUSTEE 2.00
Director
$0 $0 $0
ERIC HART TRUSTEE 2.00
Director
$0 $0 $0
STEPHANIE D TAYLOR PHD TRUSTEE 2.00
Director
$0 $0 $0
MELANIE LEVITAN TRUSTEE 2.00
Director
$0 $0 $0
WAQAS WAJAHAT TRUSTEE 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,523,247 $4,005,122 $14,080,989 $-1,481,875
2024 $3,145,103 $3,256,408 $14,980,303 $-111,305
2023 $2,333,845 $2,909,024 $15,522,600 $-575,179
2022 $2,451,099 $2,908,135 $15,911,443 $-457,036
2021 $3,445,749 $2,450,876 $16,716,889 $994,873
2020 $1,846,897 $2,950,510 $15,623,461 $-1,103,613
2019 $3,122,450 $3,000,376 $16,716,122 $122,074
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