AArts, Culture & HumanitiesEIN: 340813426· Ruling Year: 1943

Akron Art Museum

Akron, Ohio

A-Health Score
84A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org11.04×
Peer Median210.95×
💰
$6.9M
Total Revenue
📊
$5.4M
Total Expenses
🏦
$59.5M
Net Assets
📋
$1.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+42.0%
Year-over-year change (2022 → 2023)
Net Margin
+21.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
11.04
Net assets divided by total expenses
Liabilities-to-Assets
3.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,901,37342%$5,393,5149%$61,427,9235%
2022$4,858,452$4,967,01125%$58,514,7609%
2021$4,848,22260%$3,959,49025%$64,153,51416%
2020$3,038,71720%$5,252,04113%$55,485,2633%
2019$3,788,51716%$6,015,97326%$57,076,6803%
2018$4,517,25725%$4,777,4872%$59,008,7254%
2017$5,986,27689%$4,883,26619%$56,867,0393%
2016$3,172,6161191%$4,112,6247%$55,428,647
2015$245,79293%$4,411,3176%$55,704,8533%
2014$3,315,54411%$4,168,1413%$57,719,2004%
2013$3,704,63733%$4,279,1868%$55,656,2452%
2012$5,522,05837%$4,626,2723%$54,486,6931%
2011$4,027,234$4,769,033$54,943,451

Frequently Asked Questions

What does Akron Art Museum do?

Akron Art Museum is a arts, culture & humanities nonprofit organization based in Ohio. It is classified under NTEE code A510 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Akron Art Museum financially healthy?

Based on our 9-metric Financial Health Score model, Akron Art Museum has a score of 84/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Akron Art Museum generate?

Akron Art Museum reports $7.2M in annual revenue and holds $65.7M in total assets, based on IRS filings.

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