BOISE ART MUSEUM INC

EIN: 820256187 501(c)(3) Arts, Culture & Humanities

BOISE, ID

Total Revenue
$1,626,067
Total Expenses
$1,626,856
Total Assets
$6,201,006
Net Assets
$5,546,620
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Financial Trends

Organization Details

Formation Year
1937
Legal Domicile
ID
Principal Officer
MELANIE FALES
Phone
2083458330
Tax Period
2024-05-01 to 2025-04-30

BOISE ART MUSEUM INC, founded in 1937, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Net assets of $5.5M represent 41 months of operating reserves.

Mission

TO CREATE VISUAL ARTS EXPERIENCES THAT ENGAGE PEOPLE AND INSPIRE LEARNING THROUGH EXCEPTIONAL EXHIBITIONS, COLLECTIONS, AND EDUCATIONAL OPPORTUNITIES.

Program Service Accomplishments

Program 1
Expenses: $819,662 Revenue: $209,135

EXHIBITIONS - THE MUSEUM PRESENTS A RANGE OF ART EXHIBITIONS ANNUALLY, ADDRESSING A WIDE SPECTRUM OF ARTISTS, ARTISTIC MEDIA, TIME PERIODS AND STYLES, ALL OF WHICH REFLECT DIVERSITY AND EXCELLENCE IN...

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EXHIBITIONS - THE MUSEUM PRESENTS A RANGE OF ART EXHIBITIONS ANNUALLY, ADDRESSING A WIDE SPECTRUM OF ARTISTS, ARTISTIC MEDIA, TIME PERIODS AND STYLES, ALL OF WHICH REFLECT DIVERSITY AND EXCELLENCE IN THE VISUAL ARTS.

Program 2
Expenses: $299,066 Revenue: $30,773

EDUCATION - THE MUSEUM'S EDUCATION PROGRAMS PROVIDE VISITORS WITH OPPORTUNITIES TO HAVE MEANINGFUL EXPERIENCES WITH ORIGINAL WORKS OF ART. LECTURES, TOURS, CLASSES, CAMPS, OUTREACH, CATALOGUES...

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EDUCATION - THE MUSEUM'S EDUCATION PROGRAMS PROVIDE VISITORS WITH OPPORTUNITIES TO HAVE MEANINGFUL EXPERIENCES WITH ORIGINAL WORKS OF ART. LECTURES, TOURS, CLASSES, CAMPS, OUTREACH, CATALOGUES, INTERPRETIVE TEXT PANELS, AUDIO TOURS, HANDOUTS, IN-GALLERY MATERIALS, VIDEOS AND TEACHER EDUCATION ENHANCE EXHIBITIONS AND MEET THE LEARNING NEEDS OF PEOPLE OF ALL AGES AND ABILITIES.

Program 3
Expenses: $66,517 Revenue: $25,834

ART COLLECTION - BOISE ART MUSEUM IS THE ONLY NATIONALLY ACCREDITED COLLECTING ART MUSEUM IN IDAHO THAT ACTIVELY COLLECTS AND CONSERVES VISUAL ART. THE MUSEUM HAS A GROWING COLLECTION OF MORE THAN...

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ART COLLECTION - BOISE ART MUSEUM IS THE ONLY NATIONALLY ACCREDITED COLLECTING ART MUSEUM IN IDAHO THAT ACTIVELY COLLECTS AND CONSERVES VISUAL ART. THE MUSEUM HAS A GROWING COLLECTION OF MORE THAN 4,250 ART OBJECTS COMPRISED OF MODERN AND CONTEMPORARY AMERICAN ART INCLUDING ARTISTS FROM IDAHO AND THE NORTHWEST, AS WELL AS ASIAN AND AFRICAN ART.

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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 $662,392
Program Service Revenue $200,105
Investment Income $312,762
Other Revenue $450,808
TOTAL REVENUE $1,626,067

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,045,853
Fundraising Expenses $174,609
Program Expenses $1,185,245
Other Expenses $581,003
TOTAL EXPENSES $1,626,856

Year-over-Year Comparison

2024 2023 Change
Revenue $1,626,067 $2,025,957 -0.2%
Expenses $1,626,856 $1,842,796 -0.1%
Net Income $-789 $183,161 -1.0%
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
13
Independent Members
12
Employees
54
Volunteers
175

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
6
$214,324
Total Directors
13
$214,324
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELA BAYLIS PRESIDENT 2.00
Officer Director
$0 $0 $0
KATHLEEN KEYS PRESIDENT-ELECT 2.00
Officer Director
$0 $0 $0
CHAD WELTZIN PAST PRESIDENT 2.00
Officer Director
$0 $0 $0
AMY RUSTAD SECRETARY 2.00
Officer Director
$0 $0 $0
JIM BRANDSTETTER TREASURER 2.00
Officer Director
$0 $0 $0
MELANIE FALES EXECUTIVE DIRECTOR/CEO 40.00
Officer Director
$199,375 $14,949 $214,324
CATHY SILAK TRUSTEE 1.00
Director
$0 $0 $0
TOM FOERSTEL TRUSTEE 1.00
Director
$0 $0 $0
JEREMIAH SHINN TRUSTEE 1.00
Director
$0 $0 $0
SHARON MILLER TRUSTEE 1.00
Director
$0 $0 $0
KRISTY WEYHRICH TRUSTEE 1.00
Director
$0 $0 $0
LAURA SIMIC TRUSTEE 1.00
Director
$0 $0 $0
AMY GOODMAN TRUSTEE 1.00
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 $1,626,067 $1,626,856 $6,201,006 $-789
2024 $2,025,957 $1,842,796 $6,129,186 $183,161
2023 $1,776,534 $1,446,978 $5,792,362 $329,556
2022 $1,848,103 $1,080,915 $4,916,476 $767,188
2021 $1,351,396 $1,108,810 $4,551,935 $242,586
2020 $1,423,715 $1,358,595 $3,681,223 $65,120
2019 $1,901,395 $1,320,561 $3,657,885 $580,834
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