SAN ANTONIO MUSEUM OF ART

EIN: 742689943 501(c)(3) Arts, Culture & Humanities

San Antonio, TX

Total Revenue
$16,858,969
Total Expenses
$8,677,301
Total Assets
$87,746,807
Net Assets
$86,787,818
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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
TX
Principal Officer
Waris Mustafa
Phone
2109788137
Tax Period
2023-10-01 to 2024-09-30

SAN ANTONIO MUSEUM OF ART, founded in 1993, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $16.9M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8.2M, a strong 49% operating margin.

Mission

The San Antonio Museum of Art brings people together with art by collecting, preserving, and presenting significant works of art representing a broad range of history and cultures, advancing human connection and understanding, and inspiring curiosity, creativity, and discovery.

Program Service Accomplishments

Program 1
Expenses: $6,274,291 Revenue: $961,711

The only encyclopedic art museum in South-Central Texas, SAMA houses more than 30,000 works spanning six continents and 5,000 years of human creative expression. The collection includes the foremost...

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The only encyclopedic art museum in South-Central Texas, SAMA houses more than 30,000 works spanning six continents and 5,000 years of human creative expression. The collection includes the foremost assemblage of art of the Ancient Mediterranean in the state, with important ancient Roman, Egyptian, Greek, Etruscan, and Near Eastern objects; the largest concentration of Asian art in Texas, with a particular strength in Chinese ceramics; and an unparalleled collection of Latin American art, with ~10,000 works covering pre-1500 Indigenous cultures, Colonial, and modern and contemporary-notably, SAMA opened the first center devoted to Latin American art in the U.S. American, contemporary, photography, African, Islamic, and Aboriginal Australian art are also well represented at the Museum. SAMA acquired 177 artworks in 2024, strengthening its global-facing collection and influence. Each year, the Museum presents temporary exhibitions, longer-range focus presentations, collection-based installations, and ~500 programs to meet the needs of its ever- growing audience.

Program 2
Expenses: $272,594 Revenue: $0

SAMA's 2024 exhibitions included: The Age of Armor: Treasures from the Higgins Armory Collection at the Worcester Art Museum, highlighting arms and armor in the golden age from the late Middle Ages...

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SAMA's 2024 exhibitions included: The Age of Armor: Treasures from the Higgins Armory Collection at the Worcester Art Museum, highlighting arms and armor in the golden age from the late Middle Ages to the Renaissance; Goddess Triptych Reunited, which centered three paintings by the late San Antonio-based artist Ángel Rodriguez-Díaz along with works from the Museum's Ancient Mediterranean collection, accentuating the feminine form across time, culture, and geography; Lovers & Fighters: Prints by Latino Artists in the SAMA Collection, exploring love, power, and struggle, and the significance of printmaking in Latino art history; Amalia Mesa-Bains: Archaeology of Memory, the first retrospective of the influential Chicana artist and cultural critic, featuring over 40 works in a range of media in a celebration of Mesa-Bains's important contributions to the field of contemporary art; and The World of Irreversible Change from international art collective teamLab making its US debut at SAMA, with the large participatory digital work presenting a birds-eye view of a virtual ancient city and its inhabitants and changing in real-time with the actions of viewers, the weather, and the time of day of its location.

Program 3
Expenses: $204,909 Revenue: $0

SAMA creates and delivers meaningful interpretive programs that connect people to art, ideas, and each other through a dynamic exhibition calendar, comprehensive global collection, and other...

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SAMA creates and delivers meaningful interpretive programs that connect people to art, ideas, and each other through a dynamic exhibition calendar, comprehensive global collection, and other mission-driven offerings. With a variety of year-round initiatives for adult, family, children, university/college, and other audiences, the ~500 engagements carried out in 2024 included: a suite of docent-led tours for preK-12, collegiate, and adult audiences, including a new "off the wall" series offering fresh takes on the Museum's permanent collection; artist talks; artmaking experiences; lectures and panel discussions; music, dance, theatre, and other cultural performances; educator workshops; film screenings; a Kids' Studio early childhood learning program; immersive Family Days and other intergenerational programs; ReCollections, a memory initiative for people experiencing Alzheimer's and dementia, as well as their families and caregivers; and Haven for Hope hands-on art workshops for women and children experiencing homelessness. All SAMA programming is designed to motivate discovery, learning, creativity, reflection, and exchange through the lens of art.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,283,383
Program Service Revenue $1,673,009
Investment Income $10,736,827
Other Revenue $165,750
TOTAL REVENUE $16,858,969

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,558,987
Fundraising Expenses $742,076
Program Expenses $6,949,857
Other Expenses $4,118,314
TOTAL EXPENSES $8,677,301

Year-over-Year Comparison

2023 2022 Change
Revenue $16,858,969 $13,255,377 +0.3%
Expenses $8,677,301 $9,766,074 -0.1%
Net Income $8,181,668 $3,489,303 +1.3%
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
41
Independent Members
38
Employees
108
Volunteers
85

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
38
$0
Key Employees
3
$620,477
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Emily Neff Kelso Director 40
Key Emp Highest
$274,722 $27,287 $302,009
Waris Mustafa Chief Financial Officer 40
Key Emp Highest
$140,929 $20,054 $160,983
Lisa Abel Chief Development Officer 40
Key Emp Highest
$152,199 $5,286 $157,485
Lamont Jefferson Vice Chair 2
Director
$0 $0 $0
Roxanna Richardson Secretary 1
Director
$0 $0 $0
Ed Hart Chair 2
Director
$0 $0 $0
Wendy Weil Atwell Trustee 1
Director
$0 $0 $0
Martha Avant Trustee 1
Director
$0 $0 $0
Brenda Betts Trustee 1
Director
$0 $0 $0
Jorge del Alamo Trustee 1
Director
$0 $0 $0
Thomas Edson Trustee 1
Director
$0 $0 $0
Chave Gonzaba Trustee 1
Director
$0 $0 $0
Marie Halff Trustee 1
Director
$0 $0 $0
Jason Harris Trustee 1
Director
$0 $0 $0
Cecilia Herrera Trustee 1
Director
$0 $0 $0
Karen Herrmann Trustee 1
Director
$0 $0 $0
Emily Jones Trustee 1
Director
$0 $0 $0
Jennifer Kelley Trustee 1
Director
$0 $0 $0
Rosario Laird Trustee 1
Director
$0 $0 $0
May Lam Trustee 1
Director
$0 $0 $0
Carolina Roberts Lewis Trustee 1
Director
$0 $0 $0
Kim Lewis Trustee 1
Director
$0 $0 $0
Jane Macon Trustee 1
Director
$0 $0 $0
Katherine Moore McAllen Trustee 1
Director
$0 $0 $0
Prentice Huntington Miller Trustee 1
Director
$0 $0 $0
Bruce Mitchell Trustee 1
Director
$0 $0 $0
Dacia Napier Trustee 1
Director
$0 $0 $0
Elizabeth McAllen Roberts Trustee 1
Director
$0 $0 $0
Harriett Romo Trustee 1
Director
$0 $0 $0
Ambassador Sichan Siv Trustee 1
Director
$0 $0 $0
Sidney Swearingen Trustee 1
Director
$0 $0 $0
Emory Hamilton Life Trustee 1
Director
$0 $0 $0
Rose Marie Hendry Life Trustee 1
Director
$0 $0 $0
Karen Hixon Life Trustee 1
Director
$0 $0 $0
Claudia Huntington Life Trustee 1
Director
$0 $0 $0
Banks Smith Life Trustee 1
Director
$0 $0 $0
Hector Rivero Borrell Honorary Trustee 1
Director
$0 $0 $0
Robert Hammond Honorary Trustee 1
Director
$0 $0 $0
Toby O'Connor Honorary Trustee 1
Director
$0 $0 $0
Nelson Rockefeller Jr Honorary Trustee 1
Director
$0 $0 $0
William Scalan Jr Honorary Trustee 1
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 No data No data No data No data
2024 $16,858,969 $8,677,301 $87,746,807 $8,181,668
2023 $19,826,011 $9,766,075 $80,069,324 $10,059,936
2023 $13,255,377 $9,766,074 $80,069,324 $3,489,303
2022 $9,389,383 $9,256,364 $76,787,409 $133,019
2021 $14,610,399 $10,307,721 $94,200,252 $4,302,678
2020 $8,278,181 $9,751,904 $86,761,871 $-1,473,723
2019 $12,009,568 $9,500,275 $85,166,345 $2,509,293
2018 $11,228,035 $11,333,702 $82,809,383 $-105,667
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