Wisconsin · Nonprofit
RACINE ART MUSEUM ASSOCIATION INC
RACINE ART MUSEUM ASSOCIATION INC (Wisconsin) receives grants from 15 organizations whose IRS filings report $1,115,556 to it, the largest being RACINE COMMUNITY FOUNDATION INC ($722,375). 10 of them have funded it in more than one year, and 75% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $2.0M
- Funders on record
- 15
- Grants received
- $1.1M
- Net assets
- $12M
What Racine Art Museum Association Inc does
Mission
The mission of the racine art museum is to exhibit, collect, preserve, and educate in the contemporary visual arts.
As stated on its FY2024 Form 990.
Programs
Studio art class education - rama's wustum museum has one of the largest museum-based studio art programs in wisconsin. Since the museum opened in 1941, more than 40 affordable studio art courses in various media are offered each semester and during the summer for children and adults. Students of all ages and skill levels - beginning to advanced - learn side-by-side with instructors who are working artists, known locally and nationally for their talent. Costs vary depending upon the length of class and materials. Some classes require the purchase of additional supplies.
$231,867 spentof which $1,222 as grants$98,901 earned by the program13% of program spendingExhibitions - rama sponsors 7 blocks of fine art exhibitions annually in two museums which attract over 50,000 visitors. Rama represents artists in solo, group and juried exhibitions. Membership includes unlimited free museum admission and reduced rates on classes and workshops and retail store discounts.
$1,182,259 spent$82,136 earned by the program68% of program spendingRama offers reasonably priced meeting room rentals for businesses, groups, and individuals along with enrichment opportunities including curatorial presentations, museum tours, and hands-on art projects for group retreats, team building, and project planning. Rama provides a museum store for the convenience of visitors.
$321,107 spent$79,741 earned by the program19% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,735,233.
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 2021 to 2022, from $13M to $12M (−9%).
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 13% · 2019 16% · 2020 23% · 2021 29% · 2022 30% · 2023 13% · 2024 20%. Grants only. Government contracts and fees sit inside program revenue.
60% of RACINE ART MUSEUM ASSOCIATION INC’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 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.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $37k → $144k.
6 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 75% 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 RACINE ART MUSEUM ASSOCIATION INC’s funders (the co-funder graph). 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
RACINE ART MUSEUM ASSOCIATION INC leans on a few funders — its largest provides 65% of grant income and the top three 85%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
75% 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 RACINE ART MUSEUM ASSOCIATION INC.
Largest funder’s share by year: 2017 100% · 2018 68% · 2019 51% · 2020 49% · 2021 56% · 2022 57% · 2023 79% — 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
50% of RACINE ART MUSEUM ASSOCIATION INC's funders are still giving 3 years after their first grant; 67% 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
75% of RACINE ART MUSEUM ASSOCIATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $278k that is directly attributable, 89% of it comes from Wisconsin funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $837k arriving through sponsors registered in 6 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
RACINE ART MUSEUM ASSOCIATION INC's revenue grew 19% between 2017 and 2024.
this organization peer median middle 50% of peers· 5,127 arts & culture nonprofits $1M–$10M, FY2024
Government funding RACINE ART MUSEUM ASSOCIATION INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $67k on record.
- Institute of Museum and Library Services$37k
- National Endowment for the Arts$30k
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 RACINE ART MUSEUM ASSOCIATION INC
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 Wisconsin
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
70% of spending goes to programs.
Governance
Public support
64%
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 RACINE ART MUSEUM ASSOCIATION INC: 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 RACINE ART MUSEUM ASSOCIATION INC?
- RACINE ART MUSEUM ASSOCIATION INC (Wisconsin) receives grants from 15 organizations whose IRS filings report $1,115,556 to it, the largest being RACINE COMMUNITY FOUNDATION INC ($722,375). 10 of them have funded it in more than one year, and 75% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does RACINE ART MUSEUM ASSOCIATION INC have?
- IRS filings report 15 organizations giving $1,115,556 in grants to RACINE ART MUSEUM ASSOCIATION INC, 10 of which have funded it in more than one year.
- Who is the largest funder of RACINE ART MUSEUM ASSOCIATION INC?
- RACINE COMMUNITY FOUNDATION INC is the largest funder on record, with $722,375 in grants. The full list of funders is on this page.
- How can an organization like RACINE ART MUSEUM ASSOCIATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. 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 Racine Art Museum Association →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 15 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