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MUSEUM OF FINE ARTS HOUSTON Organization Name provided in the GuideStar Exchange* as of 07/01/2014: MUSEUM OF FINE ARTS HOUSTON

Organization Name as listed in the IRS Business Master File as of 11/10/2014: MUSEUM OF FINE ARTS HOUSTON

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Houston, TX
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GuideStar Summary

&1002; GuideStar Exchange Committed to transparency ?
This organization is a Silver-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2013, 2012, and 2011 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is not available
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Basic Organization Information

MUSEUM OF FINE ARTS HOUSTON Organization Name provided in the GuideStar Exchange* as of 07/01/2014: MUSEUM OF FINE ARTS HOUSTON

Organization Name as listed in the IRS Business Master File as of 11/10/2014: MUSEUM OF FINE ARTS HOUSTON

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Physical Address: Houston, TX 77265 6826
EIN: 74-1109655
Web URL: www.mfah.org 
NTEE Category: A Arts, Culture, and Humanities
A51 Art Museums
Ruling Year: 1956 
How This Organization Is Funded: private individual - $1,000,000
private individual - $1,000,000
private individual - $1,000,000


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Mission Statement

The Museum of Fine Arts, Houston is dedicated to excellence in collecting, exhibiting, preserving, conserving, and interpreting art for all people.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

Institutional funders should note that an organization’s inclusion on GuideStar.org does not satisfy IRS Rev. Proc. 2011-33 for identifying supporting organizations.

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Annual Revenue & Expenses

(GuideStar Exchange,
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July 2014)

Fiscal Year Starting: July 1, 2012
Fiscal Year Ending: June 30, 2013

Total Revenue $60,975,000
Total Expenses $60,524,000

Revenue & Expenses

(GuideStar Exchange,
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July 2014)

Fiscal Year Starting: July 1, 2012
Fiscal Year Ending: June 30, 2013

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the IRS Additional Information
IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar website is an ongoing process.

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Forms 990 Provided by the Nonprofit

Financial Statements

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Annual Reports

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Leadership

(GuideStar Exchange,
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July 2014)

Mr. Gary Tinterow

Board Chair (GuideStar Exchange,
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July 2014)

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Board Co-Chair

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Board of Directors (GuideStar Exchange,
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July 2014)

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Board Leadership Practices (GuideStar Exchange,
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July 2014)
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GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Response Not Provided
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Response Not Provided
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Response Not Provided
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Response Not Provided
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Response Not Provided

Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

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People information was last updated by the nonprofit in July 2014

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Giving Library Additional Information
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Programs

Program: The Museum (GuideStar Exchange,
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July 2014)

Budget:
--
Category:
Population Served:
Adults
Children and Youth (infants - 19 years.)

Program Description:

The Museum of Fine Arts, Houston, is the largest art museum in America south of Chicago, west of Washington, D.C., and east of Los Angeles. THE ART: The collection contains more than 57,000 artworks, which date from antiquity to the present. The major civilizations of Europe, Asia, North and South America, and Africa are represented. Italian Renaissance paintings, French Impressionist works, photographs, American and European decorative arts, African and Pre-Columbian gold, American art, and European and American paintings and sculpture from post-1945 are particularly strong holdings.  EDUCATION & PUBLIC PROGRAMS: plans and implements all materials and programs that interpret the museum's permanent collection and temporary exhibitions. Facilities for research are also provided.  GLASSELL SCHOOL: educates artists and the community at large in the visual arts through excellence programs. There are two major museum buildings, the Caroline Wiess Law Building and the Audrey Jones Beck Building; two facilities for the Glassell School of Art, the Studio School for Adults and the Glassell Junior School; two house museums that exhibit decorative arts, Bayou Bend Collection and Gardens and Rienzi; the Lillie and Hugh Roy Cullen Sculpture Garden; and 18 acres of public gardens. A total of 300,000 square feet of space is dedicated to the display of art. The Hirsch Library is one of the largest art libraries in the Southwest. More than 2.5 million people visit the MFAH each year. Community outreach programs touch the lives of more than 670,000 people each year.

Program Long-Term Success:

The museum and the Glassell School of Art present more than thirty changing exhibitions each year.

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

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Impact Summary from the Nonprofit

This organization has not provided an impact summary.
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Reviews

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