Skip to content

California · Nonprofit

MONTEREY MUSEUM OF ART

MONTEREY MUSEUM OF ART (California) receives grants from 49 organizations whose IRS filings report $3,860,582 to it, the largest being NANCY ECCLES AND HOMER M HAYWARD FAMILY FOUNDATION ($1,275,000). 24 of them have funded it in more than one year.

Revenue FY2025
$2.4M
Funders on record
49
Grants received
$3.9M
Net assets
$9.8M
24/49 repeat funderspeak grant-dependency 26%
01What it does

What Monterey Museum of Art does

Mission

The Monterey Museum of Art cultivates curiosity in the visual arts and engages community with the diversity of california art - past, present, and future.

As stated on its FY2025 Form 990.

Program

  1. Founded in 1959, the Monterey Museum of Art (mma) collects, preserves, exhibits, and engages visitors with a diverse collection of california art in order to improve the cultural, creative and civic life of monterey county. Serving more than 26,000 visitors annually, mma is accredited by the american alliance of museums and organizes 3 seasons of exhibitions annually featuring historic, modern, and contemporary california artists of varied experiences and disciplines. Mma continues to strengthen and deepen its permanent collection of more than 8,000 works that represent california's artist population and their varied practices. In addition, the museum commissions local artists, engages guests curators and publishes exhibition catalogues. Thanks to individual and grant funding the museum provides free admission and arts education and engagement programs to more than 12,000 children, families and adults at the museum and in locations across the county. Key programs include mma's school visits program aligned to state and national learning standards to support classroom learning; free family fun days and first fridays, which offer informal arts learning to families and young adults;…

    $1,601,121 spent$64,871 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,601,121.

02The organization over time

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.

100 = 20172017 Revenue 100 ($2.4M) Expenses 100 ($1.9M) Net assets 100 ($9.5M)2018 Revenue 72 ($1.7M) Expenses 100 ($1.9M) Net assets 103 ($9.8M)2019 Revenue 77 ($1.8M) Expenses 118 ($2.2M) Net assets 102 ($9.7M)2020 Revenue 191 ($4.6M) Expenses 117 ($2.2M) Net assets 120 ($11M)2021 Revenue 90 ($2.2M) Expenses 107 ($2.0M) Net assets 130 ($12M)2022 Revenue 132 ($3.2M) Expenses 125 ($2.4M) Net assets 119 ($11M)2023 Revenue 89 ($2.1M) Expenses 145 ($2.7M) Net assets 116 ($11M)2024 Revenue 110 ($2.7M) Expenses 174 ($3.3M) Net assets 113 ($11M)2025 Revenue 101 ($2.4M) Expenses 188 ($3.5M) Net assets 103 ($9.8M)
'17'18'19'20'21'22'23'24'25
Revenue (101)Expenses (188)Net assets (103)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $13M to $10M (−22%).

$9.6M
$9.9M
$9.8M
$12M
$13M
$12M
$12M
$13M
$10M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 14%. Grants only. Government contracts and fees sit inside program revenue.

75% of MONTEREY MUSEUM OF ART’s revenue is contributions — more donation-reliant than the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$526k
’17
−$150k
’18
−$372k
’19
$2.4M
’20
$154k
’21
$812k
’22
−$576k
’23
−$615k
’24
−$1.1M
’25
1.6
months of
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

Corey Madden

Executive director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed202115131315141616
Joined·+5+0+3+3+3+4+3+3
No longer listed·46531513
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 16 funders, grant income rose $268k → $464k.

8 of 49 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 17% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MONTEREY MUSEUM OF ART’s funders (the co-funder graph). Top 30 of 49 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

MONTEREY MUSEUM OF ART has a broad base — no single funder exceeds 33% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

27% 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 MONTEREY MUSEUM OF ART.

33%
largest funder
55%
top three
~6
effective funders

Largest funder’s share by year: 2017 37% · 2018 52% · 2019 48% · 2020 59% · 2021 83% · 2022 41% · 2023 49% — growing more concentrated.

“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

29% of MONTEREY MUSEUM OF ART's funders are still giving 3 years after their first grant; 49% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

51% of MONTEREY MUSEUM OF ART's grant income comes from California funders.

ID
MN
WI
NY
MA
NJ
CA
UT
CO
DE
NC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $663k arriving through sponsors registered in 8 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.

04Its place in the field

Against its field

MONTEREY MUSEUM OF ART's funding has concentrated — grant income rose while the number of funders held roughly flat.

Operating margin−46% · bottom quartile
Months of reserve1.6mo · below the median
Revenue growth (annualized)0% · bottom quartile

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Organizations like MONTEREY 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 California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

45% of spending goes to programs.

Program 45%Management 30%Fundraising 25%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

88%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for MONTEREY 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 MONTEREY MUSEUM OF ART?
MONTEREY MUSEUM OF ART (California) receives grants from 49 organizations whose IRS filings report $3,860,582 to it, the largest being NANCY ECCLES AND HOMER M HAYWARD FAMILY FOUNDATION ($1,275,000). 24 of them have funded it in more than one year.
How many funders does MONTEREY MUSEUM OF ART have?
IRS filings report 49 organizations giving $3,860,582 in grants to MONTEREY MUSEUM OF ART, 24 of which have funded it in more than one year.
Who is the largest funder of MONTEREY MUSEUM OF ART?
NANCY ECCLES AND HOMER M HAYWARD FAMILY FOUNDATION is the largest funder on record, with $1,275,000 in grants. The full list of funders is on this page.
How can an organization like MONTEREY MUSEUM OF ART find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 Monterey 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 49 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 14, 2026. What this page cannot tell you · view filing