WALTERS ART MUSEUM FOUNDATION INC

EIN: 521194738 501(c)(3) Arts, Culture & Humanities

Baltimore, MD

Total Revenue
$58,837
Total Expenses
$119,136
Total Assets
$2,430,680
Net Assets
$2,430,680
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
MD
Principal Officer
Kate Burgin
Phone
4105479000
Tax Period
2024-07-01 to 2025-06-30

WALTERS ART MUSEUM FOUNDATION INC, founded in 1979, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $59K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $119K exceeded revenue, resulting in a 102% operating deficit.

Mission

To support and benefit the charitable and educational purposes of the institution known as the Trustees of the Walters Art Gallery, Inc. dba The Walters Art Museum.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $58,837
Other Revenue $0
TOTAL REVENUE $58,837

Expense Breakdown

Grants Paid $119,136
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $119,136
Other Expenses $0
TOTAL EXPENSES $119,136

Year-over-Year Comparison

2024 2023 Change
Revenue $58,837 $38,687 +0.5%
Expenses $119,136 $137,232 -0.1%
Net Income $-60,299 $-98,545 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peter Bain President 0
Director
$0 $0 $0
Harry Gruner Treasurer 0
Director
$0 $0 $0
Guy Flynn Secretary 0
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 $58,837 $119,136 $2,430,680 $-60,299
2024 $38,687 $137,232 $2,447,002 $-98,545
2023 $87,639 $132,912 $2,346,048 $-45,273
2022 $92,698 $120,408 $2,642,653 $-27,710
2021 $96,786 $129,660 $3,129,855 $-32,874
2020 $60,168 $128,484 $2,218,573 $-68,316
2019 $114,315 $133,404 $2,686,603 $-19,089
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare WALTERS ART MUSEUM FOUNDATION INC with other nonprofits in Maryland and across the country.