PORTLAND ART MUSEUM

EIN: 930391604 501(c)(3) Arts, Culture & Humanities

PORTLAND, OR

Total Revenue
$31,333,273
Total Expenses
$27,731,361
Total Assets
$258,476,784
Net Assets
$229,593,776
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1892
Legal Domicile
OR
Principal Officer
BRIAN FERRISO
Phone
5032262811
Tax Period
2024-07-01 to 2025-06-30

PORTLAND ART MUSEUM, founded in 1892, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $31.3M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $27.7M left a modest 11% surplus.

Mission

COLLECTION AND PRESERVATION OF ART FOR PUBLIC EXHIBITION.

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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 $22,616,837
Program Service Revenue $5,026,062
Investment Income $1,668,428
Other Revenue $2,021,946
TOTAL REVENUE $31,333,273

Expense Breakdown

Grants Paid $25,000
Salaries & Benefits $13,803,806
Fundraising Expenses $3,611,261
Program Expenses $21,278,897
Other Expenses $13,837,047
TOTAL EXPENSES $27,731,361

Year-over-Year Comparison

2024 2023 Change
Revenue $31,333,273 $37,717,663 -0.2%
Expenses $27,731,361 $26,507,860 +0.0%
Net Income $3,601,912 $11,209,803 -0.7%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
56
Independent Members
54
Employees
227
Volunteers
70

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
$822,684
Total Directors
56
$0
Key Employees
1
$216,574
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CYNDY MALETIS CHAIR 1.00
Officer Director
$0 $0 $0
LINDA ANDREWS VICE-CHAIR 1.00
Officer Director
$0 $0 $0
JIN PARK TREASURER 1.00
Officer Director
$0 $0 $0
SHARON BARNES SECRETARY 1.00
Officer Director
$0 $0 $0
KABERI BANERJEE MURTHY TRUSTEE 1.00
Director
$0 $0 $0
AMJAD BANGASH TRUSTEE 1.00
Director
$0 $0 $0
MISSY BECHEN TRUSTEE 1.00
Director
$0 $0 $0
DAN BERGSVIK TRUSTEE 1.00
Director
$0 $0 $0
MARY LEE BOKLUND TRUSTEE 1.00
Director
$0 $0 $0
MARY BOYLE TRUSTEE 1.00
Director
$0 $0 $0
ROSEMARY COLLIVER TRUSTEE 1.00
Director
$0 $0 $0
EMMA COLSON TRUSTEE 1.00
Director
$0 $0 $0
JAMES CRUMPACKER TRUSTEE 1.00
Director
$0 $0 $0
KIRK DAY TRUSTEE 1.00
Director
$0 $0 $0
CHRISTELLE DE ASIS TRUSTEE 1.00
Director
$0 $0 $0
KIRK DOBBINS TRUSTEE 1.00
Director
$0 $0 $0
LANA FINLEY TRUSTEE 1.00
Director
$0 $0 $0
RYAN FINLEY TRUSTEE 1.00
Director
$0 $0 $0
ANN FLOWERREE TRUSTEE 1.00
Director
$0 $0 $0
MARK FRANDSEN TRUSTEE 1.00
Director
$0 $0 $0
JANET GEARY TRUSTEE 1.00
Director
$0 $0 $0
SUZANNE GEARY TRUSTEE 1.00
Director
$0 $0 $0
ALIX MEIER GOODMAN TRUSTEE 1.00
Director
$0 $0 $0
MARK GOODMAN TRUSTEE 1.00
Director
$0 $0 $0
PATRICK GREEN TRUSTEE 1.00
Director
$0 $0 $0
PHILLIP HILLAIRE TRUSTEE 1.00
Director
$0 $0 $0
FREDERICK JUBITZ TRUSTEE 1.00
Director
$0 $0 $0
SELBY JEAN KEY TRUSTEE 1.00
Director
$0 $0 $0
TARA KINATEDER TRUSTEE 1.00
Director
$0 $0 $0
APRIL KNAPP TRUSTEE 1.00
Director
$0 $0 $0
NANCY LEMATTA TRUSTEE 1.00
Director
$0 $0 $0
ADAM LITTLE TRUSTEE 1.00
Director
$0 $0 $0
DAVID MARGULIS TRUSTEE 1.00
Director
$0 $0 $0
STEVEN MCGEADY TRUSTEE 1.00
Director
$0 $0 $0
ROGER BRUE MCHAYLE TRUSTEE 1.00
Director
$0 $0 $0
LAURA S MEIER TRUSTEE 1.00
Director
$0 $0 $0
MARK NEW TRUSTEE 1.00
Director
$0 $0 $0
TRAVERS HILL POLAK TRUSTEE 1.00
Director
$0 $0 $0
ROLANDO POZOS TRUSTEE 1.00
Director
$0 $0 $0
H PAT RITZ TRUSTEE 1.00
Director
$0 $0 $0
LINA GARCIA SEABOLD TRUSTEE 1.00
Director
$0 $0 $0
GRACE SERBU TRUSTEE 1.00
Director
$0 $0 $0
MEGAN SHIPLEY TRUSTEE 1.00
Director
$0 $0 $0
BARBARA SILVER TRUSTEE 1.00
Director
$0 $0 $0
BOB SPELTZ TRUSTEE 1.00
Director
$0 $0 $0
JEFFREY THOMAS TRUSTEE 1.00
Director
$0 $0 $0
GREG TIBBLES TRUSTEE 1.00
Director
$0 $0 $0
CHERYL TONKIN TRUSTEE 1.00
Director
$0 $0 $0
JOE TRPIK TRUSTEE 1.00
Director
$0 $0 $0
ROBERT TROTMAN TRUSTEE 1.00
Director
$0 $0 $0
FRAN VON SCHLEGELL TRUSTEE 1.00
Director
$0 $0 $0
ROBERT WARREN TRUSTEE 1.00
Director
$0 $0 $0
MARIE WATT TRUSTEE 1.00
Director
$0 $0 $0
CARRIE MAE WEEMS TRUSTEE 1.00
Director
$0 $0 $0
HELEN JO WHITSELL TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM WHITSELL TRUSTEE 1.00
Director
$0 $0 $0
BRIAN J FERRISO EXECUTIVE DIRECTOR 35.00
Officer
$482,065 $114,965 $597,030
GARETH A NEVITT CHIEF FINANCIAL OFFICER 40.00
Officer
$216,221 $9,433 $225,654
KARIE BURCH DIRECTOR OF DEVELOPMENT 40.00
Key Emp
$200,958 $15,616 $216,574
JOHN GOODWIN DIRECTOR OF COMMUNITY PHILANTHROPY 40.00
Highest
$164,161 $14,215 $178,376
AMY DOTSON DIR. OF PAM CUT & FILM CURATOR 40.00
Highest
$174,479 $12,546 $187,025
DONALD D URQUHART DIR. OF COLLECTIONS & EXHIBITIONS 40.00
Highest
$177,336 $15,048 $192,384
MOHAMMED ALI DIR. OF RETAIL & CAMPUS OPERATIONS 40.00
Highest
$159,625 $11,244 $170,869
ANDREW RUGINIS DIRECTOR OF TECHNOLOGY 40.00
Highest
$135,761 $4,896 $140,657
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 $31,333,273 $27,731,361 $258,476,784 $3,601,912
2024 $37,717,663 $26,507,860 $235,554,258 $11,209,803
2023 $29,727,698 $21,661,651 $211,136,820 $8,066,047
2022 $49,745,421 $18,953,232 $190,258,359 $30,792,189
2021 $22,345,406 $15,609,721 $170,055,224 $6,735,685
2020 $27,542,215 $22,341,023 $150,113,696 $5,201,192
2020 $27,542,215 $22,341,023 $150,113,696 $5,201,192
2019 $20,011,169 $22,498,104 $142,602,063 $-2,486,935
2018 $23,292,679 $19,132,127 $143,259,197 $4,160,552
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