Maryland · Nonprofit
BALTIMORE MUSEUM OF ART
BALTIMORE MUSEUM OF ART (Maryland) receives grants from 184 organizations whose IRS filings report $29,728,814 to it, the largest being RUTH CAROL FUND INC ($5,000,000). 126 of them have funded it in more than one year.
- Revenue FY2025
- $32M
- Funders on record
- 184
- Grants received
- $30M
- Net assets
- $219M
What Baltimore Museum of Art does
Mission
The Baltimore Museum of Art connects art to baltimore and baltimore to the world, embodying a commitment to artistic excellence and social equity in every decision from art presentation, interpretation, and collecting, to the composition of our board of trustees, staff, and volunteers - creating a museum welcoming to all.
As stated on its FY2025 Form 990.
Programs
Collection care & exhibitionsthe Baltimore Museum of Art (bma) cares for and interprets a collection of over 97,000 works of art, carefully monitoring its storage, preservation, documentation, and exhibition. In fy25, the bma continued its active program of exhibitions and events geared towards increasing diversity, access, and inclusion for its audience in baltimore, maryland and beyond. The museum's exhibition program centered on the expansion and continuation of our core themes, including the commitment to excellence, fairness, relevance, and social justice by bringing forward underrepresented voices and stories that resonate both locally and globally. Such projects included preoccupied: indigenizing the museum, a major museum-wide initiative that sought to address the historical erasure of indigenous culture by arts institutions while creating new practices for museums. The expansive preoccupied project activated the galleries and beyond with nine exhibitions, numerous public programs, staff training, and new interpretive texts for artworks throughout the museum. A second year-long suite of exhibitions that fell within the latter half of fy25 was turn again to the earth, an…
$8,357,250 spent$1,704,997 earned by the program43% of program spendingBuildings & groundsopened in 1929 as a single building adjacent to the campus of the johns hopkins university, the bma now comprises 10 contiguous buildings and wings (210,000 sq. Ft.), one historic structure, and two outdoor sculpture gardens (3 acres). The museum works diligently to maintain and preserve our building envelope to protect its priceless collection. The mechanical and electrical systems which received significant upgrades during multiple renovations are now achieving important economies in energy management. The bma's engineering staff followed a detailed schedule of preventative maintenance to ensure the longevity of these systems. Security was assured through a trained security,
$6,467,432 spent34% of program spendingEducationthe Baltimore Museum of Art advanced its role as a leading educational resource in fy25 by expanding programs for statewide engagement for nearly 13,000 students from baltimore city and nine maryland counties, as well as 7,900 participants in public programs. The patricia and mark joseph education center is the locus for educational programs at the bma as an entry point for student groups, a classroom for artmaking, and a gallery for interactive learnings. Signature school programs - including close encounters and literacy through art - served 800 students from baltimore city and county, while art-to-go resources reached 3,300 educators across maryland and beyond. Teacher workshops and professional development initiatives connected hundreds of educators with the museum's collections and exhibitions, strengthening the integration of art into classrooms throughout the state.the bma also deepened engagement through interpretation with robust digital guides for several exhibitions offered on the museum's website and through bloomberg connects. These resources expand the bma's impact beyond the classroom through robust public programming and artist and community partnerships…
$4,248,724 spent$62,689 earned by the program22% of program spendingOther program services, not described on the e-filed return.
$141,580 spent1% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $19,214,986.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $169M to $216M (+27%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 19% · 2018 20% · 2019 13% · 2020 14% · 2021 34% · 2022 32% · 2023 36% · 2024 24% · 2025 20%. Grants only. Government contracts and fees sit inside program revenue.
51% of BALTIMORE MUSEUM OF ART’s revenue is contributions — about as donation-reliant as the typical peer (58% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Asma Naeem
Executive director
Board chair
James D Thornton
Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2021 and FY2022 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 56 funders to 93 funders, grant income rose $1.5M → $5.6M.
14 of 184 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $5.7M from 8 payers (the payer shares this organization's board, largest The Eddie C and C Sylvia Brown Family Foundation Inc). These are real filings, and they are not money BALTIMORE MUSEUM OF ART raised.
From the IRS filings of BALTIMORE MUSEUM OF ART’s funders (the co-funder graph). Top 30 of 184 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
BALTIMORE MUSEUM OF ART has a broad base — no single funder exceeds 17% of grant income, and it takes 9 funders to reach half.
the vertical line marks half of all grant income — 9 funders to its left
26% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BALTIMORE MUSEUM OF ART.
Largest funder’s share by year: 2017 34% · 2018 27% · 2019 42% · 2020 41% · 2021 20% · 2022 22% · 2023 18% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
55% of BALTIMORE MUSEUM OF ART's funders are still giving 3 years after their first grant; 68% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
66% of BALTIMORE MUSEUM OF ART's grant income comes from Maryland funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.8M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
BALTIMORE MUSEUM OF ART runs a healthier operating margin than half of the 570 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 570 arts & culture nonprofits $10M–$100M, FY2025
Government funding BALTIMORE MUSEUM OF ART receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $19.0M on record — $1.7M federal, $17.3M state.
- Institute of Museum and Library Services$800k
- National Endowment for the Arts$463k
- National Endowment for the Humanities$400k
- Grant$17.3M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like BALTIMORE MUSEUM OF ART
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Maryland
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
79% of spending goes to programs.
Governance
Public support
77%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for BALTIMORE MUSEUM OF ART: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BALTIMORE MUSEUM OF ART?
- BALTIMORE MUSEUM OF ART (Maryland) receives grants from 184 organizations whose IRS filings report $29,728,814 to it, the largest being RUTH CAROL FUND INC ($5,000,000). 126 of them have funded it in more than one year.
- How many funders does BALTIMORE MUSEUM OF ART have?
- IRS filings report 184 organizations giving $29,728,814 in grants to BALTIMORE MUSEUM OF ART, 126 of which have funded it in more than one year.
- Who is the largest funder of BALTIMORE MUSEUM OF ART?
- RUTH CAROL FUND INC is the largest funder on record, with $5,000,000 in grants. The full list of funders is on this page.
- How can an organization like BALTIMORE MUSEUM OF ART find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Baltimore Museum of Art →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 184 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing