Public Charity

RACINE ART MUSEUM ASSOCIATION INC

Based in RACINE, WI, RACINE ART MUSEUM ASSOCIATION INC operates as a Public Charity. The organization reported $2.0M in revenue, $2.5M in expenses, $12.5M in total assets for fiscal year 2024. Imperigo tracks 19 reported grant relationships connected to this organization totaling approximately $849K.

EIN: 391018155 RACINE, WI Art Museums NTEE: A51 Latest filing: 2024
Total Revenue$2.0M
Total Expenses$2.5M
Total Assets$12.5M
Grant Records19
Funding Total$849K
Filing Years2019–2024

Mission

THE MISSION OF THE RACINE ART MUSEUM IS TO EXHIBIT, COLLECT, PRESERVE, AND EDUCATE IN THE CONTEMPORARY VISUAL ARTS.

Where $100 goes at Racine Art Museum Association Inc

How Racine Art Museum Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$71 Programs the work itself
$18 Management running the organization
$11 Fundraising raising the next dollar

Inside the $71 for programs

$48
Exhibitions
68% of program spending · Reported in the filing: 50,000 visitors
$13
Rama offers reasonably priced meeting room rentals for businesses, groups, and individuals along with enrichment opportunities including curatorial presentations, museum tours, and hands-on art projects for group retreats…
19% of program spending
$10
Studio art class education
13% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
FOR PROGRAMMING AND OPERATIONS
$118,459
2024
FOR PROGRAMMING AND OPERATIONS
$189,445
2024
For grant recipient's exempt purposes
$17,050
2024
UNRESTRICTED GENERAL SUPPORT
$12,000
2023
FOR PROGRAMMING AND OPERATIONS
$113,712

Showing up to 5 of 19 total records — full history available with membership.

Officers & Directors

EXECUTIVE DIR. Bruce Pepich
DIRECTOR Carl Hipp
SECRETARY Clair Holland
DIRECTOR Dale Zierten
VICE PRESIDENT Debra Karp
DIRECTOR Denise Roberts Mckee

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$750,271 14 grants
Education
$36,930 1 grant
Arts & Culture
$5,000 1 grant
Unspecified
$56,624 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.0M $2.5M $12.5M
2023 $2.8M $2.3M $12.9M
2022 $2.1M $2.2M $11.9M
2020 $1.5M $1.8M $12.4M
2019 $2.0M $1.9M $12.7M

Between 2019 and 2024, reported annual revenue held roughly steady at around $2.0M, with total assets most recently reported at $12.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for RACINE ART MUSEUM ASSOCIATION INC

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