Bakersfield Art Foundation Inc DBA Bakersfield Museum of Art

EIN: 770125694 501(c)(3) Arts, Culture & Humanities

Bakersfield, CA

Total Revenue
$1,385,570
Total Expenses
$1,352,363
Total Assets
$2,741,667
Net Assets
$2,546,781
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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
CA
Principal Officer
Lynn Krausse
Phone
6613237219
Tax Period
2024-06-01 to 2025-05-31

Bakersfield Art Foundation Inc DBA Bakersfield Museum of Art, founded in 1986, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

The Bakersfield Museum of Art inspires and engages diverse audiences by providing a broad spectrum of creative visual arts experiences through the exhibition and preservation of fine art, educational programs, community outreach and special events.

Program Service Accomplishments

Program 1
Expenses: $272,451 Revenue: $48,813

Exhibits - The primary purpose of the Bakersfield Museum of Art is to provide a broad spectrum of visual arts experiences through the exhibition and preservation of fine art, educational programs...

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Exhibits - The primary purpose of the Bakersfield Museum of Art is to provide a broad spectrum of visual arts experiences through the exhibition and preservation of fine art, educational programs, community outreach, and special events. We have approximately 25,000 visitors each year. In addition to free admission and extended hours on the first Friday of each month, we offer second Saturday lectures and free art activities for families on the second Saturday of each month. We also offer free admission to military families during the summer months through the blue star museum program.

Program 2
Expenses: $257,004 Revenue: $568,109

The Museum provides significant educational programs including docent tours to students, art education classes during the school day for 5th grade students, after-school art enrichment classes...

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The Museum provides significant educational programs including docent tours to students, art education classes during the school day for 5th grade students, after-school art enrichment classes, semester-long art enrichment classes for high school students, and summer art camps. More than 3,000 students participate in docent tours during a school year. Art education classes for 5th grade students reach more than 3,500 students annually and more than 5,000 students are served through the after-school art enrichment classes at 17 different schools. The high school free semester-long program provides guidance, mentoring, and education to 20 students annually where they learn also about art in our community and skills to pursue a career in the visual arts. Summer camp reaches approximately 500 children ages 5 to 17 years.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $707,143
Program Service Revenue $609,087
Investment Income $50,713
Other Revenue $18,627
TOTAL REVENUE $1,385,570

Expense Breakdown

Grants Paid $0
Salaries & Benefits $828,378
Fundraising Expenses $183,652
Program Expenses $529,455
Other Expenses $523,985
TOTAL EXPENSES $1,352,363

Year-over-Year Comparison

2024 2023 Change
Revenue $1,385,570 $1,108,526 +0.2%
Expenses $1,352,363 $1,185,620 +0.1%
Net Income $33,207 $-77,094 -1.4%
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
23
Independent Members
23
Employees
23
Volunteers
67

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
9
$115,003
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Amy Smith Exec Dir/CEO 40.00
Officer
$115,003 $0 $115,003
Lynn Krausse Treasurer/CFO 1.50
Officer Director
$0 $0 $0
Laura Cattani Chair 1.50
Officer Director
$0 $0 $0
Daniel Cater Chair-Elect 1.50
Officer Director
$0 $0 $0
Julie Riegel Secretary 1.50
Officer Director
$0 $0 $0
Jessica Grimes Trustee 0.50
Director
$0 $0 $0
William Palmer Trustee 1.50
Director
$0 $0 $0
Donna Balch At Large 1.50
Officer Director
$0 $0 $0
Kathy Hair At Large 1.50
Officer Director
$0 $0 $0
Aida Molina At Large 1.50
Officer Director
$0 $0 $0
Fran Gunner Trustee 0.50
Director
$0 $0 $0
Felix Adamo Trustee 0.50
Director
$0 $0 $0
Glenda Garcia Trustee 0.50
Director
$0 $0 $0
Christopher Lowe Trustee 0.50
Director
$0 $0 $0
Jan Thomson Trustee 0.50
Director
$0 $0 $0
Ariel Dyer Trustee 0.50
Director
$0 $0 $0
Shirley Gordon Trustee 0.50
Director
$0 $0 $0
Theresa Lafrati Trustee 0.50
Director
$0 $0 $0
Douglas Carothers At Large 1.50
Officer Director
$0 $0 $0
Laurie Maclin Trustee 0.50
Director
$0 $0 $0
Sharon Wegis Trustee 0.50
Director
$0 $0 $0
David Coffey Trustee 0.50
Director
$0 $0 $0
Debbie Lewis Trustee 0.50
Director
$0 $0 $0
Emilly Waite Trustee 0.50
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 $1,385,570 $1,352,363 $2,741,667 $33,207
2024 $1,108,526 $1,185,620 $2,689,259 $-77,094
2023 $1,027,337 $1,133,943 $2,702,579 $-106,606
2022 $1,099,730 $871,905 $2,818,848 $227,825
2021 $718,279 $815,806 $3,098,042 $-97,527
2020 $886,609 $937,898 $3,078,736 $-51,289
2019 $833,008 $846,056 $3,002,105 $-13,048
2018 $946,130 $951,142 $3,030,249 $-5,012
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