Nonprofit · EIN 94-1534563
MONTEREY MUSEUM OF ART
Tax-exempt · MONTEREY, CA 93940
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,432,011 | $3,543,854 | -$1,111,843 | $10,104,419 | $328,826 | $9,775,593 |
| June 30, 2024 | 990 | $2,659,194 | $3,274,171 | -$614,977 | $12,955,328 | $2,218,523 | $10,736,805 |
| June 30, 2023 | 990 | $2,145,552 | $2,721,589 | -$576,037 | $11,957,131 | $890,523 | $11,066,608 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,824,675
- Program service revenue
- $53,736
- Investment income
- $658,417
- Net gain from sales of assets
- $486,524
- Net income from fundraising events
- -$135,852
- Net income from gaming
- $19,900
- Net income from sales of inventory
- $11,069
- Other revenue
- -$104,817
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $461,922
- Other salaries and wages
- $1,046,668
- Salaries, compensation and benefits (total)
- $1,799,237
- Professional fundraising fees
- $0
- Legal fees
- $122,130
- Occupancy
- $154,764
- Travel
- $22,208
- Depreciation
- $80,732
- Program services (functional)
- $1,601,121
- Management and general (functional)
- $1,060,980
- Fundraising (functional)
- $881,753
Balance sheet and other
- Total assets, start of year
- $12,955,328
- Total assets, end of year
- $10,104,419
- Total liabilities, end of year
- $328,826
- Net assets, end of year
- $9,775,593
- Land, buildings and equipment
- $2,734,353
- Publicly traded securities
- $6,284,010
- Net assets without donor restrictions
- $4,146,444
- Net assets with donor restrictions
- $5,629,149
- Gross receipts
- $6,258,626
- Employees
- 31
- Volunteers
- 32
- Year formed
- 1959
- State of legal domicile
- CA
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 |
|---|---|---|---|---|
| COREY MADDEN | EXECUTIVE DIRECTOR Officer | 40 | $185,098 | $27,602 |
| KEVIN WASBAUER | SENIOR DIRECTOR OF PHILANTHROPY Key employee | 40 | $159,332 | $20,281 |
| JENNIFER WAGNER | CONTROLLER Officer | 30 | $48,949 | $897 |
| THOMAS DONNELLY | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| LAURA GAMBLE | PRESIDENT EMERITUS Trustee or director, Officer | 1 | $0 | $0 |
| JOHN A GREENWALD | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ADRIANA HAYWARD | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| LILA THORSEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MONIKA CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROLINE SCOTT LOW | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KRISTEN HUSTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HEIDI QUINN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYDIA GRAHAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBORAH SILGUERO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIC C SMITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMALIA GOMEZ | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COREY MADDEN | EXECUTIVE DIR. Officer | 40 | $185,098 | $24,793 |
| THOMAS DONNELLY | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOHN GREENWALD | PRESIDENT EMERITUS Trustee or director, Officer | 1 | $0 | $0 |
| LISA RHEINHEIMER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ADRIANA HAYWARD | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| LILA THORSEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MONIKA CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CAROLINE SCOTT LOW | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KRISTEN HUSTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HEIDI QUINN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYDIA GRAHAM | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LAURA GAMBLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBORAH SILGUERO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIC C SMITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WILLIAM G HYLAND | TRUSTEE EMERITUS Trustee or director | 1 | $0 | $0 |
| CRAIG L JOHNSON | TRUSTEE EMERITUS Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| COREY MADDEN | EXECUTIVE DIR. Officer | 40 | $180,480 | $20,578 |
| LILA THORSEN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MONIKA CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THOMAS DONNELLY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOHN GREENWALD | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ADRIANA HAYWARD | PRESIDENT EMERITA Trustee or director | 1 | $0 | $0 |
| LISA RHEINHEIMER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CAROLINE SCOTT LOW | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KRISTEN HUSTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| HEIDI QUINN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MATTHEW SIMIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LAURA GAMBLE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBORAH SILGUERO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ERIC C SMITH | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 559 PACIFIC ST, MONTEREY, CA 93940-2805
- Principal officer (990 for 2024)
- COREY MADDEN, 559 PACIFIC STREET, MONTEREY, CA 93940
- Signed the 990
- COREY MADDEN, EXECUTIVE DIRECTOR
- Phone
- (831) 372-5477
- Website
- WWW.MONTEREYART.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-1534563 or by the name MONTEREY MUSEUM OF ART.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE MONTEREY MUSEUM OF ART CULTIVATES CURIOSITY IN THE VISUAL ARTS AND ENGAGES COMMUNITY WITH THE DIVERSITY OF CALIFORNIA ART - PAST, PRESENT, AND FUTURE.
Program accomplishments
- FOUNDED IN 1959, THE MONTEREY MUSEUM OF ART (MMA) COLLECTS, PRESERVES, EXHIBITS, AND ENGAGES VISITORS WITH A DIVERSE COLLECTION OF CALIFORNIA ART IN ORDER TO IMPROVE THE CULTURAL, CREATIVE AND CIVIC LIFE OF MONTEREY COUNTY. SERVING MORE THAN 26,000 VISITORS ANNUALLY, MMA IS ACCREDITED BY THE AMERICAN ALLIANCE OF MUSEUMS AND ORGANIZES 3 SEASONS OF EXHIBITIONS ANNUALLY FEATURING HISTORIC, MODERN, AND CONTEMPORARY CALIFORNIA ARTISTS OF VARIED EXPERIENCES AND DISCIPLINES. MMA CONTINUES TO STRENGTHEN AND DEEPEN ITS PERMANENT COLLECTION OF MORE THAN 8,000 WORKS THAT REPRESENT CALIFORNIA'S ARTIST POPULATION AND THEIR VARIED PRACTICES. IN ADDITION, THE MUSEUM COMMISSIONS LOCAL ARTISTS, ENGAGES GUESTS CURATORS AND PUBLISHES EXHIBITION CATALOGUES. THANKS TO INDIVIDUAL AND GRANT FUNDING THE MUSEUM PROVIDES FREE ADMISSION AND ARTS EDUCATION AND ENGAGEMENT PROGRAMS TO MORE THAN 12,000 CHILDREN, FAMILIES AND ADULTS AT THE MUSEUM AND IN LOCATIONS ACROSS THE COUNTY. KEY PROGRAMS INCLUDE MMA'S SCHOOL VISITS PROGRAM ALIGNED TO STATE AND NATIONAL LEARNING STANDARDS TO SUPPORT CLASSROOM LEARNING; FREE FAMILY FUN DAYS AND FIRST FRIDAYS, WHICH OFFER INFORMAL ARTS LEARNING TO FAMILIES AND YOUNG ADULTS; TWO MAJOR PARTICIPATORY ARTS FESTIVALS MMA'S BLOCK PARTY AND ITS WINTER FESTIVAL, ILUMINADO THAT ATTRACT THOUSANDS OF FIRST-TIME VISITORS TO THE MUSEUM AND PROMOTE MANY LOCAL ARTISTS AND ARTS NON-PROFITS. THROUGHOUT THE YEAR MMA OFFERS DOCENT TOURS, ARTIST TALKS AND WORKSHOPS, AS WELL AS DOZENS OF CULTURAL AND SOCIAL EVENTS.Expenses $1,601,121 · revenue $64,871
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
- 94-1534563
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1963
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A510)
- Assets (IRS master file)
- $10,104,419
- Income (IRS master file)
- $6,258,626
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,432,011 | $3,543,854 | $10,104,419 | IRS |
| 990 | June 2024 | $2,659,194 | $3,274,171 | $12,955,328 | IRS |
| 990 | June 2023 | $2,145,552 | $2,721,589 | $11,957,131 | XML |
| 990 | June 2022 | $3,167,468 | $2,355,547 | $12,125,244 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 94-1534563).
Questions about MONTEREY MUSEUM OF ART
- What is the EIN of MONTEREY MUSEUM OF ART?
- The employer identification number (EIN) of MONTEREY MUSEUM OF ART is 94-1534563.
- Is MONTEREY MUSEUM OF ART tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
- Are donations to MONTEREY MUSEUM OF ART tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONTEREY 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 MONTEREY 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 MONTEREY 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 MONTEREY MUSEUM OF ART?
- The 990 for the year ended June 30, 2025 names COREY MADDEN.
- Who are the officers and directors of MONTEREY MUSEUM OF ART?
- The 990 for the year ended June 30, 2025 lists 16 people; 3 received compensation from the organization, the highest $185,098 (COREY MADDEN, EXECUTIVE DIRECTOR).
- How much revenue does MONTEREY MUSEUM OF ART have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,432,011, expenses of $3,543,854 and total assets of $10,104,419 at year end.
Other nonprofits in MONTEREY
- MONTEREY JAZZ FESTIVAL EIN 94-6036515 · last filed 990 for 2024
- ARTS COUNCIL FOR MONTEREY COUNTY EIN 94-2805076 · last filed 990 for 2025
- ENSEMBLE MONTEREY EIN 77-0400760 · last filed 990 for 2026
- MONTEREY COUNTY YOUTH MUSEUM EIN 77-0394488 · last filed 990 for 2025
- ACCESS MONTEREY PENINSULA INC EIN 91-1961943 · last filed 990 for 2025
- YOUTH MUSIC MONTEREY EIN 94-2863607 · last filed 990 for 2025
- FESTA ITALIA FOUNDATION EIN 77-0461873 · last filed 990-N for 2024
- YOUTH ARTS COLLECTIVE INC EIN 77-0526059 · last filed 990 for 2025
All nonprofits in MONTEREY · California · Arts, culture and humanities