SAN FRANCISCO MUSEUM OF MODERN ART (EIN 941156300) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1935

Legal Domicile

Principal Officer

CHRISTOPHER BEDFORD

Phone

4153574000

Tax Period

2022-07-01 to 2023-06-30

SAN FRANCISCO MUSEUM OF MODERN ART, founded in 1935, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $61.2M in total revenue in fiscal year 2022. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $91.4M exceeded revenue, resulting in a 49% operating deficit.

Mission

INSPIRE DIVERSE AUDIENCES THROUGH EXHIBITIONS, EDUCATION, PUBLICATIONS & COLLECTIONS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $32,864,839

Program Service Revenue $10,186,394

Investment Income $12,741,363

Other Revenue $5,389,216

TOTAL REVENUE $61,181,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $37,187,387

Fundraising Expenses $6,393,771

Program Expenses $73,710,207

Other Expenses $53,847,625

TOTAL EXPENSES $91,371,218

Year-over-Year Comparison

	2022	2021	Change
Revenue	$61,181,812	$89,774,720	-0.3%
Expenses	$91,371,218	$85,247,028	+0.1%
Net Income	$-30,189,406	$4,527,692	-7.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

468

Volunteers

119

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

$1,274,044

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT J FISHER	CHAIR	3.00	Officer Director	$0	$0	$0
DIANA NELSON	PRESIDENT	3.00	Officer Director	$0	$0	$0
CHARLES M COLLINS	VICE CHAIR	3.00	Officer Director	$0	$0	$0
MIMI HAAS	VICE CHAIR	3.00	Officer Director	$0	$0	$0
MARYELLEN C HERRINGER	VICE CHAIR	3.00	Officer Director	$0	$0	$0
DAVID MAHONEY	SECRETARY / TREASURER	3.00	Officer Director	$0	$0	$0
ALKA AGRAWAL	TRUSTEE	1.00	Director	$0	$0	$0
TY AHMAD-TAYLOR	TRUSTEE	1.00	Director	$0	$0	$0
JOACHIM BECHTLE	TRUSTEE	1.00	Director	$0	$0	$0
YVES BEHAR	TRUSTEE (THRU 5/18/23)	1.00	Director	$0	$0	$0
JAMES W BREYER	TRUSTEE	1.00	Director	$0	$0	$0
DOLLY CHAMMAS	TRUSTEE	1.00	Director	$0	$0	$0
WAYEE CHU	TRUSTEE	1.00	Director	$0	$0	$0
ADAM H CLAMMER	TRUSTEE	1.00	Director	$0	$0	$0
PENNY COULTER	TRUSTEE	1.00	Director	$0	$0	$0
ROBERTA DENNING	TRUSTEE (THRU 9/1/22)	1.00	Director	$0	$0	$0
JEAN DOUGLAS	TRUSTEE (THRU 8/30/22)	1.00	Director	$0	$0	$0
HARRY J JR ELAM	TRUSTEE	1.00	Director	$0	$0	$0
MJ ELMORE	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT L EMERY	TRUSTEE	1.00	Director	$0	$0	$0
IVETTE CALDERA ESSERMAN	TRUSTEE	1.00	Director	$0	$0	$0
MATT FARRON	TRUSTEE	1.00	Director	$0	$0	$0
IRWIN FEDERMAN	TRUSTEE	1.00	Director	$0	$0	$0
BILL FISHER	TRUSTEE	1.00	Director	$0	$0	$0
JONATHAN GANS	TRUSTEE	1.00	Director	$0	$0	$0
KATHRYN A HALL	TRUSTEE	1.00	Director	$0	$0	$0
LUIS HERRERA	TRUSTEE	1.00	Director	$0	$0	$0
BRANDI HUDSON	TRUSTEE	1.00	Director	$0	$0	$0
DAVID HUFFMAN	TRUSTEE	1.00	Director	$0	$0	$0
ADRIANE IANN	TRUSTEE	1.00	Director	$0	$0	$0
BRADLEY JAMES	TRUSTEE	1.00	Director	$0	$0	$0
KEVIN PB JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
PAMELA JOYNER	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD M KOVACEVICH	TRUSTEE	1.00	Director	$0	$0	$0
PAMELA KRAMLICH	TRUSTEE	1.00	Director	$0	$0	$0
JANET W LAMKIN	TRUSTEE (THRU 5/18/23)	1.00	Director	$0	$0	$0
KEVIN MARCHETTI	TRUSTEE	1.00	Director	$0	$0	$0
DERYCK MAUGHAN	TRUSTEE	1.00	Director	$0	$0	$0
NION MCEVOY	TRUSTEE	1.00	Director	$0	$0	$0
KENNETH P MCNEELY	TRUSTEE	1.00	Director	$0	$0	$0
CHRISTOPHER MEANY	TRUSTEE	1.00	Director	$0	$0	$0
WES MITCHELL	TRUSTEE	1.00	Director	$0	$0	$0
TUCKER NICHOLS	TRUSTEE	1.00	Director	$0	$0	$0
DEBORAH NOVACK	TRUSTEE	1.00	Director	$0	$0	$0
KATIE PAIGE	TRUSTEE	1.00	Director	$0	$0	$0
GINA PETERSON	TRUSTEE	1.00	Director	$0	$0	$0
LISA S PRITZKER	TRUSTEE	1.00	Director	$0	$0	$0
BECCA PROWDA	TRUSTEE	1.00	Director	$0	$0	$0
LINNEA CONRAD ROBERTS	TRUSTEE	1.00	Director	$0	$0	$0
KATIE RODAN	TRUSTEE (THRU 12/16/22)	1.00	Director	$0	$0	$0
CHARA SCHREYER	TRUSTEE (THRU 2/27/23)	1.00	Director	$0	$0	$0
KOMAL SHAH	TRUSTEE	1.00	Director	$0	$0	$0
LYDIA SHORENSTEIN	TRUSTEE	1.00	Director	$0	$0	$0
GARY STEELE	TRUSTEE	1.00	Director	$0	$0	$0
ROSELYNE CHROMAN SWIG	TRUSTEE	1.00	Director	$0	$0	$0
SUSAN SWIG	TRUSTEE	1.00	Director	$0	$0	$0
BARBARA T VERMUT	TRUSTEE	1.00	Director	$0	$0	$0
JOHN WALECKA	TRUSTEE (THRU 5/18/23)	1.00	Director	$0	$0	$0
CARRIE MAE WEEMS	TRUSTEE	1.00	Director	$0	$0	$0
CARLIE WILMANS	TRUSTEE	1.00	Director	$0	$0	$0
PAT WILSON	TRUSTEE (THRU 5/18/23)	1.00	Director	$0	$0	$0
ROBIN M WRIGHT	TRUSTEE	1.00	Director	$0	$0	$0
SONYA YU	TRUSTEE	1.00	Director	$0	$0	$0
KATIE COLENDICH	EX-OFFICIO VOTING TRUSTEE	1.00	Director	$0	$0	$0
LAUREN FORD	EX-OFFICIO VOTING TRUSTEE	1.00	Director	$0	$0	$0
CANDACE HUEY	EX-OFFICIO VOTING TRUSTEE	1.00	Director	$0	$0	$0
VIVIENNE LIEBOWICH	EX-OFFICIO VOTING TRUSTEE	1.00	Director	$0	$0	$0
DRAGANA MONSON	EX-OFFICIO VOTING TRUSTEE	1.00	Director	$0	$0	$0
JULIA STEWART	EX-OFFICIO VOTING TRUSTEE	1.00	Director	$0	$0	$0
JOHN WALKER	EX-OFFICIO VOTING TRUSTEE	1.00	Director	$0	$0	$0
CHRISTOPHER BEDFORD	DIRECTOR	40.00	Officer	$623,764	$23,690	$647,454
ADINE VARAH	GENERAL COUNSEL	40.00	Officer	$288,253	$40,283	$328,536
REBECCA MALKIN CHOCRON	CFO AND INTERIM COO	40.00	Officer	$277,361	$20,693	$298,054
SAMANTHA LEO	CHIEF PHILANTHROPY OFFICER	40.00	Highest	$334,467	$16,025	$350,492
JANET BISHOP	CHIEF CURATOR, PAINTING & SCULPTURE	40.00	Highest	$312,458	$36,174	$348,632
DAVIDA LINDSAY-BELL	CHIEF PEOPLE & INCLUSION OFFICER	40.00	Highest	$274,794	$32,370	$307,164
TSUGUMI MAKI	CHIEF EXHIBITS & COLLECTIONS OFFICER	40.00	Highest	$249,617	$10,049	$259,666
SHEILA SHIN	CHIEF EXPERIENCE OFFICER	40.00	Highest	$231,237	$12,999	$244,236
NEAL BENEZRA	DIRECTOR (THRU 4/1/22)	0.00		$1,766,533	$20,954	$1,787,487

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	No data	No data	No data	No data
2023	$61,181,812	$91,371,218	$805,507,382	$-30,189,406
2022	$89,774,720	$85,247,028	$808,682,158	$4,527,692
2021	$93,929,876	$75,017,000	$874,773,606	$18,912,876
2020	$60,826,981	$98,612,024	$782,459,375	$-37,785,043
2019	$123,149,099	$98,097,963	$812,960,498	$25,051,136
2018	$88,662,409	$93,697,957	$779,005,290	$-5,035,548

SAN FRANCISCO MUSEUM OF MODERN ART