Public Charity

CORPORATION OF THE FINE ARTS MUSEUMS

CORPORATION OF THE FINE ARTS MUSEUMS, of SAN FRANCISCO, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $53.3M in revenue, $57.5M in expenses, $28.2M in total assets. 155 publicly reported grants to this organization, totaling roughly $87.9M, appear in IRS filings.

EIN: 943045948 SAN FRANCISCO, CA Latest filing: 2025
Total Revenue$53.3M
Total Expenses$57.5M
Total Assets$28.2M
Grant Records155
Funding Total$87.9M
Filing Years2021–2025

Mission

THE CORPORATION OF THE FINE ARTS MUSEUMS (COFAM) IS A NONPROFIT PUBLIC BENEFIT CORPORATION FORMED IN 1987 RESPONSIBLE TO OPERATE THE DE YOUNG MUSEUM AND THE LEGION OF HONOR AND TO RAISE AND MAINTAIN FUNDS FOR THE MUSEUMS' SUPPORT. COFAM CONDUCTS THIS WORK ON BEHALF OF THE FINE ARTS MUSEUM OF SAN FRANCISCO (FAMSF), WHICH IS A CHARITABLE TRUST DEPARTMENT OF THE CITY AND COUNTY OF SAN FRANCISCO (CITY). THE CITY OWNS THE LAND AND BUILDINGS IN WHICH THE MUSEUMS OPERATE, AND MOST OF THE COLLECTIONS, AND PROVIDES PARTIAL OPERATING SUPPORT THROUGH AN ANNUAL APPROPRIATION FOR THEIR CARE AND MAINTENANCE. COFAM ACCOMPLISHES THE MISSION OF FAMSF THROUGH EXHIBITION OF THE PERMANENT COLLECTIONS, SPECIAL EXHIBITIONS, SCHOLARLY PUBLICATIONS, EDUCATION PROGRAMS, CARE AND RESEARCH OF THE COLLECTIONS, AND PUBLIC PROGRAMS.

Officers & Directors

TRUSTEE Aida M Alvarez
TRUSTEE Alexandria J Ashdown
TRUSTEE Austin Ligon
TRUSTEE Bakari Ayinde Adams
TRUSTEE Barbara Wolfe
TRUSTEE Bettina S Bryant

Officer compensation and complete director data available with membership.

Top Grant Purposes

OPERATIONAL ASSISTANCE
$44,523,121 8 grants
ARTS, CULTURE & HUMANITIES
$9,332,826 8 grants
For grant recipient's exempt purposes
$7,347,840 9 grants
Operational Assistance
$5,705,930 1 grant
PROVIDE GENERAL OPERATING SUPPORT
$3,508,200 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $53.3M $57.5M $28.2M
2024 $57.1M $53.1M $32.2M
2023 $54.3M $58.1M $25.2M
2022 $51.3M $44.9M $24.1M
2021 $33.2M $35.6M $25.3M

Between 2021 and 2025, reported annual revenue grew from $33.2M to $53.3M (+61%), with total assets most recently reported at $28.2M.

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

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