Nonprofit · EIN 54-6026841
THE TAUBMAN MUSEUM OF ART
Also known as TAUBMAN MUSEUM OF ART
Tax-exempt · ROANOKE, VA 24011
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,482,482 | $6,249,392 | -$1,766,910 | $73,735,756 | $462,088 | $73,273,668 |
| June 30, 2024 | 990 | $4,427,318 | $6,075,161 | -$1,647,843 | $73,398,042 | $762,480 | $72,635,562 |
| June 30, 2023 | 990 | $3,235,991 | $5,914,255 | -$2,678,264 | $68,915,793 | $310,458 | $68,605,335 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,191,875
- of which government grants
- $208,806
- Membership dues
- $120,975
- Program service revenue
- $734,977
- Investment income
- $2,235,624
- Net gain from sales of assets
- $1,293,291
- Net income from fundraising events
- $302,245
- Net income from sales of inventory
- $17,761
- Other revenue
- $320,006
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $332,615
- Other salaries and wages
- $1,991,044
- Salaries, compensation and benefits (total)
- $2,717,629
- Professional fundraising fees
- $0
- Accounting fees
- $145,794
- Occupancy
- $503,992
- Travel
- $64,055
- Depreciation
- $1,530,733
- Program services (functional)
- $4,906,542
- Management and general (functional)
- $850,964
- Fundraising (functional)
- $491,886
Balance sheet and other
- Total assets, start of year
- $73,398,042
- Total assets, end of year
- $73,735,756
- Total liabilities, end of year
- $462,088
- Net assets, end of year
- $73,273,668
- Land, buildings and equipment
- $34,433,659
- Publicly traded securities
- $34,737,160
- Net assets without donor restrictions
- $43,869,119
- Net assets with donor restrictions
- $29,404,549
- Gross receipts
- $8,379,925
- Employees
- 50
- Volunteers
- 30
- Year formed
- 1951
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CINDY PETERSEN | EXECUTIVE DI Officer | 50 | $332,615 | $33,305 |
| JOHN FISHWICK JR | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LEON HARRIS | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM J LEMON | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| DAVID WINE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| NICK CONTE | LEGAL Trustee or director, Officer | 2 | $0 | $0 |
| BETSY BUMGARNER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| JOANNE L CASSULLO | TRUSTEE Trustee or director | 2 | $0 | $0 |
| KATHERIN ELAM | TRUSTEE Trustee or director | 2 | $0 | $0 |
| RUSS ELLETT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| TAMMY FINLEY | TRUSTEE Trustee or director | 2 | $0 | $0 |
| KENT GREENAWALT | TRUSTEE Trustee or director | 2 | $0 | $0 |
| MARY DYKSTRA HAGMAIER | TRUSTEE Trustee or director | 2 | $0 | $0 |
| ED C HALL | TRUSTEE Trustee or director | 2 | $0 | $0 |
| LARRY JACKSON | TRUSTEE Trustee or director | 2 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MITCHELL S KANEFF | TRUSTEE Trustee or director | 2 | $0 |
| ANNETTE LEWIS | TRUSTEE Trustee or director | 2 | $0 |
| SANDRA LOVINGUTH PHD | TRUSTEE Trustee or director | 2 | $0 |
| CHARLOTTE PORTERFIELD | TRUSTEE Trustee or director | 2 | $0 |
| ELDA STANCO-DOWNEY PHD | TRUSTEE Trustee or director | 2 | $0 |
| LUTHERIA SMITH | TRUSTEE Trustee or director | 2 | $0 |
| STEVE STRAUSS | TRUSTEE Trustee or director | 2 | $0 |
| JENNY TAUBMAN | TRUSTEE Trustee or director | 2 | $0 |
| NICK TAUBMAN | CHAIR EMERIT Trustee or director | 2 | $0 |
| DR BOB TRESTMAN | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CINDY PETERSEN | Executive Dir. Officer | 50 | $239,162 | $36,673 |
| MIKE BAME | CFO Officer | 50 | $38,989 | $0 |
| MR LEON P HARRIS | Vice Chair Trustee or director, Officer | 2 | $0 | $0 |
| MR W HEYWOOD FRALIN | Trustee Trustee or director | 2 | $0 | $0 |
| MR DAVID WINE | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| MR WILLIAM J LEMON | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| MR NICHOLAS F TAUBMAN | CHAIR. EMERITUS Trustee or director | 2 | $0 | $0 |
| MS TAMMY FINLEY | Trustee Trustee or director | 2 | $0 | $0 |
| MR KENT S GREENAWALT | Trustee Trustee or director | 2 | $0 | $0 |
| DR ELDA STANCO-DOWNEY | Trustee Trustee or director | 2 | $0 | $0 |
| DR CYRIL CLARKE | Trustee Trustee or director | 2 | $0 | $0 |
| MS DEBBIE MEADE | Trustee Trustee or director | 2 | $0 | $0 |
| MR ED HALL | Trustee Trustee or director | 2 | $0 | $0 |
| MS BETSY BUMGARNER | Trustee Trustee or director | 2 | $0 | $0 |
| MRS JENNY TAUBMAN | Trustee Trustee or director | 2 | $0 | $0 |
| MR NICHOLAS CONTE | Trustee Trustee or director | 2 | $0 | $0 |
| MS JEAN HOPSTETTER | Trustee Trustee or director | 2 | $0 | $0 |
| MR MITCHELL KANEFF | Trustee Trustee or director | 2 | $0 | $0 |
| MS JOANNE LEONHARDT CASSULLO | Trustee Trustee or director | 2 | $0 | $0 |
| MS MARY DYKSTRA HAGMAIER | Trustee Trustee or director | 2 | $0 | $0 |
| MRS ANNETTE LEWIS | Trustee Trustee or director | 2 | $0 | $0 |
| MR JOHN P FISHWICK JR | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| MR MAURY L STRAUSS | Trustee Trustee or director | 2 | $0 | $0 |
| MR LARRY JACKSON | Trustee Trustee or director | 2 | $0 | $0 |
| MS CHARLOTTE PORTERFIELD | Trustee Trustee or director | 2 | $0 | $0 |
| MS KATHERINE ELAM | Trustee Trustee or director | 2 | $0 | $0 |
| DR BOB TRESTMAN | Trustee Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CINDY PETERSEN | EXECUTIVE DIRECTOR | 50 | $268,933 | $11,686 |
| MR LEON P HARRIS | Chairman Trustee or director, Officer | 2 | $0 | $0 |
| MR W HEYWOOD FRALIN | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| MR DAVID WINE | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| MR WILLIAM J LEMON | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| MR NICHOLAS F TAUBMAN | CHAIR. EMERITUS Trustee or director | 2 | $0 | $0 |
| MS TAMMY FINLEY | Trustee Trustee or director | 2 | $0 | $0 |
| MR KENT S GREENAWALT | Trustee Trustee or director | 2 | $0 | $0 |
| DR ELDA STANCO DOWNEY | Trustee Trustee or director | 2 | $0 | $0 |
| DR CYRIL CLARKE | Trustee Trustee or director | 2 | $0 | $0 |
| MS DEBBIE MEADE | Trustee Trustee or director | 2 | $0 | $0 |
| ED HALL | Trustee Trustee or director | 0 | $0 | $0 |
| DR EVELYN GARCIA | Trustee Trustee or director | 2 | $0 | $0 |
| MRS JENNY TAUBMAN | Trustee Trustee or director | 2 | $0 | $0 |
| MR NICHOLAS CONTE | Trustee Trustee or director | 2 | $0 | $0 |
| MS JEAN HOPSTETTER | Trustee Trustee or director | 2 | $0 | $0 |
| MR MITCHELL KANEFF | Trustee Trustee or director | 2 | $0 | $0 |
| MS JOANNE LEONHARDT CASSULLO | Trustee Trustee or director | 2 | $0 | $0 |
| MS MARY DYKSTRA HAGMAIER | Trustee Trustee or director | 2 | $0 | $0 |
| MRS ANNETTE LEWIS | Trustee Trustee or director | 2 | $0 | $0 |
| MR JOHN P FISHWICK JR | Trustee Trustee or director | 2 | $0 | $0 |
| MR MAURY L STRAUSS | Trustee Trustee or director | 2 | $0 | $0 |
| LARRY JACKSON | Trustee Trustee or director | 0 | $0 | $0 |
| CHARLOTTE PORTERFIELD | Trustee Trustee or director | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 110 SALEM AVE SE, ROANOKE, VA 24011-1410
- Principal officer (990 for 2024)
- CINDY PETERSEN, 110 SALEM AVE SE, ROANOKE, VA 24011
- Signed the 990
- CINDY PETERSEN, EXECUTIVE DIRECTOR
- Phone
- (540) 342-5760
- Website
- TAUBMANMUSEUM.ORG
- Return prepared by
- CAMPBELL & LINEBERRY PC
Mission
THE TAUBMAN MUSEUM OF ART'S MISSION IS TO BRING PEOPLE AND ART TOGETHR FOR DISCOVERY, LEARNING, AND ENJOYMENT. SERVING THE DIVERSE COMMUNITIES OF OUR REGION, THE TAUBMAN MUSUEM OF ART ENGAGES ALL AUDIENCES THROUGH THE CELEBRATION AND ENJOYMENT OF THE CREATIVE PROCESS. IT IS COMMITTED TO EXCELLENCE IN ITS COLLECTION, SCHOLARSHIP, EDUCATION, AND CREATIVE ACTIVITIES. OUR EMPHASIS IS ON AMERICAN ART AND REGIONAL CULTURE. THE INSTITUTE OF ART SPECIALIZES IN THE EXHIBITION, EDUCATION, AND SCHOLARSHIP OF 19TH AND 20TH CENTURY AMERICAN ART.
Program accomplishments
- THE MUSEUM CONDUCTS AND SPONSORS ART CLASSES, LECTURES, SHOWS AND EXHIBITS, THEATRICAL AND MUSICAL PROGRAMS, FILM PRESENTATIONS, AND WORKSHOPS TO STIMULATE ART APPRECIATION IN THE ROANOKE VALLEY AREA.Expenses $4,906,542
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 54-6026841
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1954
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A510)
- Assets (IRS master file)
- $73,735,756
- Income (IRS master file)
- $8,379,925
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,482,482 | $6,249,392 | $73,735,756 | IRS |
| 990 | June 2024 | $4,427,318 | $6,075,161 | $73,398,042 | XML |
| 990 | June 2023 | $3,235,991 | $5,914,255 | $68,915,793 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-6026841).
Questions about THE TAUBMAN MUSEUM OF ART
- What is the EIN of THE TAUBMAN MUSEUM OF ART?
- The employer identification number (EIN) of THE TAUBMAN MUSEUM OF ART is 54-6026841.
- Is THE TAUBMAN MUSEUM OF ART tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1954.
- Are donations to THE TAUBMAN MUSEUM OF ART tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE TAUBMAN MUSEUM OF ART file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE TAUBMAN MUSEUM OF ART due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE TAUBMAN MUSEUM OF ART last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE TAUBMAN MUSEUM OF ART?
- The 990 for the year ended June 30, 2025 names CINDY PETERSEN.
- Who are the officers and directors of THE TAUBMAN MUSEUM OF ART?
- The 990 for the year ended June 30, 2025 lists 25 people; 1 received compensation from the organization, the highest $332,615 (CINDY PETERSEN, EXECUTIVE DI).
- How much revenue does THE TAUBMAN MUSEUM OF ART have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,482,482, expenses of $6,249,392 and total assets of $73,735,756 at year end.
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