Arts, Culture & Humanities
(A510)
IRS Verified
DX Registered
990 on File
CANTON MUSEUM OF ART
Financial strength (30%)
65/100
Reliability (20%)
55/100
Effectiveness (25%)
68/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
“The Canton Museum of Art (CMA) provides opportunities for people of all ages to be educated, excited, and entertained through the discovery and exploration of art.” This is accomplished through dynamic original and touring exhibits, an acclaimed permanent collection of watercolors and ceramics, and comprehensive education and community art outreach programs accessible to diverse audiences throughout Stark County and the Northeast Ohio region.
Financial Overview — FY 2023
$1.5M
Total Revenue
$1.7M
Total Expenses
$6.0M
Net Assets
51
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
63.3%
Fundraising Efficiency
N/A
Operating Reserve
41.46x
Liability-to-Asset
6.9%
Revenue Diversification
77.3%
Executive Compensation
$95K
Compared with Peers
FY 2023
Compared with 4,647 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M 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
|
63.3% | 77.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
25.1% | 14.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
11.6% | 5.5% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
41.5 mo | 16.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
6.9% | 10.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
77.3% | 74.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-16.5% | 3.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.7% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-14.0% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.5M | $1.7M | $6.0M | 63.3% | 51 |
| 2022 | $1.8M | $1.5M | $5.6M | 58.3% | 43 |
| 2021 | $1.7M | $1.7M | N/A | — | 54 |
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