Charity Search / CLEVELAND MUSEUM OF ART
Arts, Culture & Humanities (A510) IRS Verified DX Registered 990 on File

CLEVELAND MUSEUM OF ART

EIN: 34-0714336 · CLEVELAND, OH 44106-1711 · United States · FY 2023 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 96/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$102.9M
Total Revenue
$68.7M
Total Expenses
$1143.4M
Net Assets
577
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 78.9%
Fundraising Efficiency N/A
Operating Reserve 199.81x
Liability-to-Asset 8.4%
Revenue Diversification 52.3%
Executive Compensation $2.5M
Compared with Peers
FY 2023
Compared with 655 similar organizations (United States, Arts, Culture & Humanities, $10M–$100M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
78.9% 79.6%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
14.3% 13.1%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
6.8% 6.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
199.8 mo 28.2 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
8.4% 13.6%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
52.3% 72.1%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
38.5% -2.2%
P10P90
Expense growth
Year over year expense growth
0.9% 12.7%
P10P90
Surplus margin
Surplus as a share of revenue
33.3% 0.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $102.9M $68.7M $1143.4M 78.9% 577
2022 $74.3M $68.0M $1064.8M 79.9% 401
2021 $90.0M $62.4M N/A 501
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Organization Details
EIN
34-0714336
State
OH
City
CLEVELAND
ZIP
44106-1711
Classification
A510
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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