THE PHILBROOK MUSEUM OF ART INC

EIN: 730579279 501(c)(3) Arts, Culture & Humanities

TULSA, OK

Total Revenue
$16,717,496
Total Expenses
$9,912,017
Total Assets
$92,695,613
Net Assets
$88,947,494
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
OK
Principal Officer
JUSTIN GRANGE
Phone
9187485326
Tax Period
2024-07-01 to 2025-06-30

THE PHILBROOK MUSEUM OF ART INC, founded in 1939, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $16.7M in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.8M, a strong 41% operating margin.

Mission

THE PHILBROOK MUSEUM OF ART, INC. STRIVES TO MAKE A CREATIVE AND CONNECTED COMMUNITY BY PROVIDING A UNIQUE TRIFECTA OF EXPERIENCES: A HISTORIC HOME, GALLERIES OF WORLD CLASS ART, AND ACRES OF FORMAL GARDENS.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,140,253
Program Service Revenue $2,337,909
Investment Income $7,897,648
Other Revenue $1,341,686
TOTAL REVENUE $16,717,496

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,925,979
Fundraising Expenses $1,008,098
Program Expenses $7,463,819
Other Expenses $3,986,038
TOTAL EXPENSES $9,912,017

Year-over-Year Comparison

2024 2023 Change
Revenue $16,717,496 $12,067,552 +0.4%
Expenses $9,912,017 $9,656,753 +0.0%
Net Income $6,805,479 $2,410,799 +1.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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

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Governance

Voting Members
55
Independent Members
54
Employees
188
Volunteers
222

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
11
$702,210
Total Directors
55
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JW CRAFT BOARD CHAIR/HR COMMITTEE CHAIR 3.00
Officer Director
$0 $0 $0
SCOTT VAUGHN BOARD VICE CHAIR 2.00
Officer Director
$0 $0 $0
DEVON CHATLEY PROGRAM COMMITTEE CHAIR 2.00
Officer Director
$0 $0 $0
STEPHEN HEYMAN COLLECTIONS COMMITTEE CHAIR 2.00
Officer Director
$0 $0 $0
MATT KLIMISCH BUILDINGS & GROUNDS COMMITTEE CHAIR 2.00
Officer Director
$0 $0 $0
SHANNON O'DOHERTY AUDIT COMMITTEE CHAIR 2.00
Officer Director
$0 $0 $0
FRAUKE PETERSEN FINANCE COMMITTEE CHAIR 2.00
Officer Director
$0 $0 $0
KELLEY WEIL NOMINATING COMMITTEE CHAIR 2.00
Officer Director
$0 $0 $0
SUSANNAH ADELSON DIRECTOR 1.00
Director
$0 $0 $0
MITCH ADWON DIRECTOR 1.00
Director
$0 $0 $0
SEAN ALEXANDER DIRECTOR 1.00
Director
$0 $0 $0
SUEANN ALEXANDER DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM HAL ALLEN DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN ANTHONY DIRECTOR 1.00
Director
$0 $0 $0
ADRIENNE BARNETT DIRECTOR 1.00
Director
$0 $0 $0
SHELBY BEIL DIRECTOR 1.00
Director
$0 $0 $0
BRENDA BERRY DIRECTOR 1.00
Director
$0 $0 $0
MARLA BRADSHAW DIRECTOR 1.00
Director
$0 $0 $0
JULIE CARSON DIRECTOR 1.00
Director
$0 $0 $0
ANN SHANNON CASSIDY DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA CHERNICKY DIRECTOR 1.00
Director
$0 $0 $0
LAURA COLGAN DIRECTOR 1.00
Director
$0 $0 $0
THERESA COLLINS DIRECTOR 1.00
Director
$0 $0 $0
SAMUEL COMBS DIRECTOR 1.00
Director
$0 $0 $0
MOISES ECHEVERRIA DIRECTOR 1.00
Director
$0 $0 $0
ROBYN EWING DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL FEAMSTER DIRECTOR 1.00
Director
$0 $0 $0
WENDY GARRETT DIRECTOR 1.00
Director
$0 $0 $0
PATRICK GORDON DIRECTOR 1.00
Director
$0 $0 $0
JOHN HEWITT DIRECTOR 1.00
Director
$0 $0 $0
BARBARA HEYMAN DIRECTOR 1.00
Director
$0 $0 $0
GREG HOLT DIRECTOR 1.00
Director
$0 $0 $0
ALAN JOHANNSEN DIRECTOR 1.00
Director
$0 $0 $0
JARED JORDAN DIRECTOR 1.00
Director
$0 $0 $0
BILL KNIGHT DIRECTOR 1.00
Director
$0 $0 $0
QURAYSH ALI LANSANA DIRECTOR 1.00
Director
$0 $0 $0
ROBERT LORTON DIRECTOR 1.00
Director
$0 $0 $0
ROXANA LORTON DIRECTOR 1.00
Director
$0 $0 $0
CARLISLE MABREY DIRECTOR 1.00
Director
$0 $0 $0
RENEE MCKENNEY DIRECTOR 1.00
Director
$0 $0 $0
STEVE MITCHELL DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER MURPHY DIRECTOR 1.00
Director
$0 $0 $0
BOB PETERSON DIRECTOR 1.00
Director
$0 $0 $0
JULIE PHILLIPS PUCKETT DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER POTTS DIRECTOR 1.00
Director
$0 $0 $0
JOHN REAVES DIRECTOR 1.00
Director
$0 $0 $0
KUMA ROBERTS DIRECTOR 1.00
Director
$0 $0 $0
LARRY ROONEY DIRECTOR 1.00
Director
$0 $0 $0
CHIEF GEOFFREY STANDING BEAR DIRECTOR 1.00
Director
$0 $0 $0
BILL THOMAS DIRECTOR 1.00
Director
$0 $0 $0
SUSAN THOMAS DIRECTOR 1.00
Director
$0 $0 $0
PETER WALTER DIRECTOR 1.00
Director
$0 $0 $0
SUZANNE WARREN DIRECTOR 1.00
Director
$0 $0 $0
KATE WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
JAMIE ZINK DIRECTOR 1.00
Director
$0 $0 $0
MEGAN NESBIT INTERIM CEO 35.00
Officer
$185,828 $10,681 $196,509
JUSTIN GRANGE CFO 35.00
Officer
$164,486 $4,926 $169,412
SCOTT STULEN FORMER DIRECTOR AND CEO 35.00
Officer
$328,795 $7,494 $336,289
RACHEL KEITH DEPUTY DIRECTOR FOR AUDIEN 35.00
Highest
$158,563 $22,595 $181,158
KATE GREEN CHIEF CURATOR 35.00
Highest
$130,512 $4,537 $135,049
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 $16,717,496 $9,912,017 $92,695,613 $6,805,479
2024 No data No data No data No data
2023 $19,380,360 $10,019,240 $82,251,425 $9,361,120
2022 $10,854,241 $8,179,998 $69,878,004 $2,674,243
2021 $7,961,988 $7,064,500 $78,962,212 $897,488
2020 $5,455,173 $9,175,478 $66,276,918 $-3,720,305
2019 $20,960,860 $9,031,612 $71,053,026 $11,929,248
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