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Arizona · Nonprofit

THE HEARD MUSEUM

THE HEARD MUSEUM (Arizona) receives grants from 122 organizations whose IRS filings report $21,005,026 to it, the largest being LILLY ENDOWMENT INC ($5,100,000). 89 of them have funded it in more than one year.

Revenue FY2025
$23M
Funders on record
122
Grants received
$21M
Net assets
$40M
89/122 repeat funderspeak grant-dependency 42%
01What it does

What The Heard Museum does

Mission

The Heard Museum connects indigenous creativity to the world by presenting the voice and vision of american indian artists.

As stated on its FY2025 Form 990.

Program

  1. The Heard Museum is the largest private nonprofit in the world dedicated to american indian art and culture. Since opening in 1929, the museum has become internationally recognized for organizing original exhibitions and scholarly publications that showcase the diversity and beauty of american indian art and culture, and for producing a wide annual array of public programs, festival events, and educational initiatives that provide access and learning opportunities for audiences of all ages with a particular focus on reaching youth and families.continued on schedule othe heard is one of arizona's most prolific arts organizations, sharing stories of american indian people from a first-person perspective through exhibitions and programs that showcase traditional and contemporary native art. The museum stewards a collection of more than 46,000 works of art and maintains a major library and archives containing more than 440,000 additional items. Public and educational programs help bring the collection and exhibitions to light, including initiatives such as our free school tour program hosting approximately 7,000 students annually, and first fridays that offer free access to…

    $9,726,696 spentof which $6,750 as grants$4,322,373 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $9,726,696.

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 ($15M) Expenses 100 ($9.2M) Net assets 100 ($27M)2018 Revenue 55 ($8.0M) Expenses 101 ($9.3M) Net assets 96 ($26M)2019 Revenue 62 ($9.0M) Expenses 116 ($11M) Net assets 91 ($25M)2020 Revenue 68 ($10.0M) Expenses 98 ($9.0M) Net assets 91 ($25M)2021 Revenue 97 ($14M) Expenses 86 ($7.9M) Net assets 119 ($32M)2022 Revenue 80 ($12M) Expenses 118 ($11M) Net assets 116 ($31M)2023 Revenue 74 ($11M) Expenses 138 ($13M) Net assets 114 ($31M)2024 Revenue 73 ($11M) Expenses 145 ($13M) Net assets 111 ($30M)2025 Revenue 159 ($23M) Expenses 153 ($14M) Net assets 147 ($40M)
'17'18'19'20'21'22'23'24'25
Revenue (159)Expenses (153)Net assets (147)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 2020 to 2021, from $27M to $36M (+36%).

$29M
$28M
$27M
$27M
$36M
$35M
$33M
$34M
$43M
'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: 2017 1% · 2018 4% · 2019 2% · 2020 2% · 2021 8% · 2022 19% · 2023 4% · 2024 1% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

78% of THE HEARD MUSEUM’s revenue is contributions — more donation-reliant than the typical peer (58% for the typical peer).

This organization
Typical peer · 810 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$5.4M
’17
−$1.3M
’18
−$1.6M
’19
$1.0M
’20
$6.2M
’21
$824k
’22
−$1.9M
’23
−$2.6M
’24
$9.2M
’25
1.8
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

David Roche

Director and CEO

Board chair

John Coggins

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed393639454037343535
Joined·+3+6+7+0+5+6+5+2
No longer listed·63158942
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 17 funders to 51 funders, grant income rose $846k → $2.6M.

13 of 122 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% 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: $5.0M from 4 payers (the payer shares this organization's board, largest Arizona Community Foundation). These are real filings, and they are not money THE HEARD MUSEUM raised.

From the IRS filings of THE HEARD MUSEUM’s funders (the co-funder graph). Top 30 of 122 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

THE HEARD MUSEUM has a broad base — no single funder exceeds 24% 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

24%
largest funder
58%
top three
~8
effective funders

Largest funder’s share by year: 2017 55% · 2018 19% · 2019 27% · 2020 25% · 2021 47% · 2022 64% · 2023 29% — 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

52% of THE HEARD MUSEUM's funders are still giving 3 years after their first grant; 73% 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

THE HEARD MUSEUM draws 63% of its grant income from funders outside Arizona, across 23 states in all.

ME
WA
MN
IL
WI
NY
MA
IA
IN
OH
CT
CA
CO
NE
MO
WV
MD
DE
AZ
NM
NC
GA
TX

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

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

Funder states come from each funder’s own filing. $1.1M arriving through sponsors registered in 11 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

THE HEARD MUSEUM runs a healthier operating margin than three-quarters of the 570 arts & culture nonprofits its size.

Operating margin40% · top quartile
Months of reserve1.8mo · below the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 570 arts & culture nonprofits $10M–$100M, FY2025

Government funding THE HEARD MUSEUM receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $614k on record.

Federal$614k
grants $614kcontracts $0
17
20
22
24
Top agencies
  • National Endowment for the Humanities$339k
  • Institute of Museum and Library Services$246k
  • 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 THE HEARD MUSEUM

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 Arizona

Nationally

05Profile & governance

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

Where the money goes

69% of spending goes to programs.

Program 69%Management 20%Fundraising 11%

Governance

27
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

69%

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

Footprint & structure

Part of a family of 1 related entity

  • Heard Family Endowment Trust · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE HEARD MUSEUM: 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 THE HEARD MUSEUM?
THE HEARD MUSEUM (Arizona) receives grants from 122 organizations whose IRS filings report $21,005,026 to it, the largest being LILLY ENDOWMENT INC ($5,100,000). 89 of them have funded it in more than one year.
How many funders does THE HEARD MUSEUM have?
IRS filings report 122 organizations giving $21,005,026 in grants to THE HEARD MUSEUM, 89 of which have funded it in more than one year.
Who is the largest funder of THE HEARD MUSEUM?
LILLY ENDOWMENT INC is the largest funder on record, with $5,100,000 in grants. The full list of funders is on this page.
How can an organization like THE HEARD MUSEUM find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arizona. 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 Heard Museum →

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 122 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