Philadelphia Museum of Art
PO Box 7646, Philadelphia, PA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $94,551,536 | $83,992,359 | $1,124,006,069 |
| FY2024 | $81,068,240 | $83,550,297 | $1,105,855,982 |
| FY2023 | $114,413,997 | $77,863,110 | $1,076,255,667 |
| FY2022 | $87,709,075 | $76,004,750 | $1,053,347,142 |
| FY2021 | $116,812,968 | $64,241,193 | $1,117,061,614 |
| FY2020 | $69,868,661 | $70,499,116 | $928,115,485 |
| FY2019 | $111,793,644 | $71,540,513 | $949,240,568 |
| FY2018 | $73,820,439 | $72,659,038 | $914,806,009 |
| FY2017 | $83,221,420 | $72,936,362 | $878,806,043 |
| FY2016 | $115,065,241 | $67,638,372 | $822,311,463 |
| FY2015 | $77,033,061 | $64,643,184 | $802,405,141 |
| FY2014 | $105,103,599 | $64,352,731 | $792,562,361 |
| FY2013 | $82,564,750 | $65,424,284 | $693,893,903 |
| FY2012 | $79,868,516 | $63,126,032 | $634,075,249 |
Form 990 filings
The returns filed by Philadelphia Museum of Art (EIN 23-1365388), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $37,762,691 | 40% |
| Program service revenue | $8,191,630 | 9% |
| Other revenue | $48,597,215 | 51% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $63,629,244 | 76% |
| Management & general | $15,097,720 | 18% |
| Fundraising | $5,265,395 | 6% |
What the numbers show
- Other revenue made up 51% of total revenue in FY2025.
- Program services accounted for 76% of functional expenses, management & general 18%, and fundraising 6%.
- 76% of functional expenses went to program services in FY2025. That is higher than 56.1% of 41 Arts, Culture & Humanities organizations in PA.
- Net assets covered about 160.6 months of expenses at the end of the reporting year. That puts it in the 90th percentile among 1433 Arts, Culture & Humanities organizations in PA.
- Total revenue was the highest among 1459 Arts, Culture & Humanities organizations in PA.
- Total revenue rose from $79,868,516 in FY2012 to $94,551,536 in FY2025. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2020, FY2024).
- The highest revenue on record here is $116,812,968 in FY2021.
- Net assets grew from $634,075,249 to $1,124,006,069 between FY2012 and FY2025.
- Contributions and grants made up 71% of revenue in FY2012 and 40% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
IRS status
| Ruling year | 1943 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | A510 — Arts, Culture & Humanities (in PA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Pittsburgh Cultural Trust — Pittsburgh, PA · $83,839,335
- Carnegie Institute — Pittsburgh, PA · $115,993,787
- Kimmel Center Inc — Philadelphia, PA · $71,176,288
- Philadelphia Orchestra Association — Philadelphia, PA · $64,973,501
- Mann Center for the Performing Arts — Philadelphia, PA · $53,842,873
- Whyy Inc — Philadelphia, PA · $52,837,630
- Pittsburgh Symphony Inc — Pittsburgh, PA · $51,388,751
- Franklin Institute — Philadelphia, PA · $51,159,403
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.