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Nonprofit · EIN 16-1743588

MUSICAL INSTRUMENT MUSEUM

Tax-exempt · PHOENIX, AZ 85050

Financials

$28.4M$20.6M2023$41.1M$21M2024
Revenue Expenses · by fiscal year end
Financials of MUSICAL INSTRUMENT MUSEUM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$41,100,797$21,016,342$20,084,455$199,605,235$2,193,220$197,412,015
December 31, 2023990-PF$28,400,506$20,647,114$7,753,392$173,411,587$2,164,578$171,247,009
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$26,620,531
of which government grants
$50,600
Membership dues
$376,859
Program service revenue
$8,276,011
Investment income
$5,707,391
Net rental income
-$219,474
Net gain from sales of assets
$1,948,839
Net income from sales of inventory
$716,338
Other revenue
$496,864

Expenses

Grants and similar amounts paid
$72,893
Compensation of officers, directors and key employees
$276,808
Other salaries and wages
$5,322,160
Salaries, compensation and benefits (total)
$6,895,149
Professional fundraising fees
$0
Legal fees
$11,687
Accounting fees
$46,398
Occupancy
$1,973,602
Travel
$65,791
Depreciation
$4,228,319
Program services (functional)
$17,356,424
Management and general (functional)
$2,949,603
Fundraising (functional)
$710,315

Balance sheet and other

Total assets, start of year
$173,411,587
Total assets, end of year
$199,605,235
Total liabilities, end of year
$2,193,220
Net assets, end of year
$197,412,015
Land, buildings and equipment
$63,986,572
Publicly traded securities
$110,322,598
Net assets without donor restrictions
$90,004,307
Net assets with donor restrictions
$107,407,708
Gross unrelated business income
-$219,474
Gross receipts
$44,005,818
Employees
115
Volunteers
533
Year formed
2005
State of legal domicile
AZ

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CRAIG D CULYEXECUTIVE DIRECTOR/TREASURER
Officer
40$235,125$33,732
MANUAL A JORDAN PEREZDEPUTY DIRECTOR & CHIEF CURATOR
Highest-paid employee
40$220,985$21,179
KIM PRITCHARDDIRECTOR OF HR (LEFT 9/2024)
Highest-paid employee
40$134,784$10,633
BRIAN DREDLACHIEF ENGAGEMENT OFFICER
Highest-paid employee
40$128,155$14,254
LACEY HAUSERRETAIL OPERATIONS DIRECTOR
Highest-paid employee
40$105,140$26,565
ROBERT G WESTON JRCHAIRMAN
Trustee or director, Officer
1$0$0
RICHARD T BURKEVICE CHAIRMAN
Trustee or director, Officer
1$0$0
GAIL J DORNSECRETARY
Trustee or director, Officer
1$0$0
STACIA ANDERSONDIRECTOR
Trustee or director
1$0$0
ERIC BIEBERDIRECTOR (LEFT 11/2024)
Trustee or director
1$0$0
TODD BLACKWELLDIRECTOR
Trustee or director
1$0$0
RICHARD D BURNSDIRECTOR
Trustee or director
1$0$0
MARC L FELIXDIRECTOR
Trustee or director
1$0$0
JUSTIN KARIMDIRECTOR
Trustee or director
1$0$0
ROBERT G MCMAHONDIRECTOR
Trustee or director
1$0$0
2 more people on this return
NameTitleHours / weekCompensation
BOB SMITHDIRECTOR (LEFT 7/2024)
Trustee or director
1$0
ROBERT J ULRICHDIRECTOR
Trustee or director
30$0
990-PF for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
APRIL A SALOMON
4725 E MAYO BLVD, PHOENIX, AZ 85050
BOARD OF DIR. & EX. DIR. (THRU 2/23)40$302,072$6,038
MANUEL JORDAN
4725 E MAYO BLVD, PHOENIX, AZ 85050
DEPUTY DIRECTOR AND
Highest-paid employee
40$214,231$17,012
CRAIG D CULY
4725 E MAYO BLVD, PHOENIX, AZ 85050
TREASURER / EXECUTIVE DIRECTOR40$192,692$34,046
KIM PRITCHARD
4725 E MAYO BLVD, PHOENIX, AZ 85050
DIRECTOR OF HUMAN RE
Highest-paid employee
40$123,769$11,425
BRIAN P DREDLA
4725 E MAYO BLVD, PHOENIX, AZ 85050
CHIEF ENGAGEMENT OFF
Highest-paid employee
40$114,740$13,443
LACEY HAUSER
4725 E MAYO BLVD, PHOENIX, AZ 85050
HEAD OF RETAIL OPS
Highest-paid employee
40$109,577$30,645
DAVID WILBUR
4725 E MAYO BLVD, PHOENIX, AZ 85050
INFORMATION TECHNOLO
Highest-paid employee
40$98,962$25,756
ROBERT G WESTON JR
4725 E MAYO BLVD, PHOENIX, AZ 85050
CHAIRMAN1$0$0
RICHARD T BURKE
4725 E MAYO BLVD, PHOENIX, AZ 85050
VICE CHAIRMAN1$0$0
GAIL J DORN
4725 E MAYO BLVD, PHOENIX, AZ 85050
SECRETARY1$0$0
ROBERT J ULRICH
4725 E MAYO BLVD, PHOENIX, AZ 85050
DIRECTOR30$0$0
STACIA ANDERSEN
4725 E MAYO BLVD, PHOENIX, AZ 85050
DIRECTOR1$0$0
ERIC J BIEBER
4725 E MAYO BLVD, PHOENIX, AZ 85050
DIRECTOR1$0$0
TODD BLACKWELL
4725 E MAYO BLVD, PHOENIX, AZ 85050
DIRECTOR1$0$0
RICHARD D BURNS
4725 E MAYO BLVD, PHOENIX, AZ 85050
DIRECTOR1$0$0
JOHN D'ADDARIO JR
4725 E MAYO BLVD, PHOENIX, AZ 85050
DIRECTOR1$0$0
MARC L FELIX
4725 E MAYO BLVD, PHOENIX, AZ 85050
DIRECTOR1$0$0
JUSTIN KARIM
4725 E MAYO BLVD, PHOENIX, AZ 85050
DIRECTOR1$0$0
ROBERT G MCMAHON
4725 E MAYO BLVD, PHOENIX, AZ 85050
DIRECTOR1$0$0
JUDITH C PELHAM
4725 E MAYO BLVD, PHOENIX, AZ 85050
DIRECTOR1$0$0
ROBERT E SMITH
4725 E MAYO BLVD, PHOENIX, AZ 85050
DIRECTOR1$0$0

Address and contacts

Address (IRS master file)
4725 E MAYO BLVD, PHOENIX, AZ 85050-6920
Principal officer (990 for 2024)
CRAIG CULY, 4725 EAST MAYO BOULEVARD, PHOENIX, AZ 85050
Signed the 990
CRAIG CULY, EXECUTIVE DIRECTOR
Phone
(480) 478-6000
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

THE MUSICAL INSTRUMENT MUSEUM (MIM) ENRICHES OUR WORLD BY COLLECTING, PRESERVING, AND MAKING ACCESSIBLE AN ASTONISHING VARIETY OF MUSICAL INSTRUMENTS AND PERFORMANCE VIDEOS FROM EVERY COUNTRY IN THE WORLD. MIM OFFERS GUESTS A WELCOMING AND FUN EXPERIENCE, INCOMPARABLE INTERACTIVE TECHNOLOGY, DYNAMIC PROGRAMMING, AND EXCEPTIONAL MUSICAL PERFORMANCES. MIM FOSTERS APPRECIATION OF THE WORLD'S DIVERSE CULTURES BY SHOWING HOW WE INNOVATE, ADAPT, AND LEARN FROM EACH OTHER TO CREATE MUSIC - THE LANGUAGE OF THE SOUL.

990 for the year ended December 31, 2024

Program accomplishments

  • GALLERIES AND SPECIAL EXHIBITIONS: MORE THAN 300 DISPLAYS WITH STATE-OF-THE-ART AUDIO-VISUAL TECHNOLOGY IMMERSE GUESTS IN MUSIC FROM EVERY COUNTRY IN THE WORLD. TEMPORARY SPECIAL EXHIBITIONS DIVE DEEPER INTO MUSICAL TOPICS THROUGH ORIGINAL STORYTELLING. HANDS-ON GALLERIES INVITE GUESTS TO MAKE THEIR OWN MUSIC.
    Expenses $13,111,043 · revenue $3,975,876
  • MIM MUSIC THEATER: MIM OFFERS OVER 300 CONCERTS YEARLY IN AN INTIMATE, ACOUSTICALLY SUPERB ENVIRONMENT. PERFORMANCES ARE CURATED TO BRING THE GALLERIES TO LIFE, CONNECTING AUDIENCES TO DIVERSE LIVE PROGRAMMING FROM LOCAL, NATIONAL, AND INTERNATIONAL ARTISTS.
    Expenses $3,407,066 · revenue $4,954,249
  • EDUCATION AND PUBLIC PROGRAMS: PEOPLE OF ALL AGES LEARN THROUGH MUSIC AT MIM. EDUCATION OFFERINGS INCLUDE CHILDREN'S CLASSES, A STUDENT FIELD TRIP PROGRAM THAT WELCOMES UP TO 70,000 PARTICIPANTS ANNUALLY, TEACHER PROFESSIONAL DEVELOPMENT WORKSHOPS, AND EDUCATIONAL EXPERIENCES FOR ADULTS AND SENIORS. WEEKEND PUBLIC PROGRAMS CALLED SIGNATURE EVENTS BRING THE COMMUNITY TOGETHER TO CELEBRATE WORLD CULTURES, MUSICAL GENRES, AND ICONIC ARTISTS.
    Expenses $838,315 · grants $72,893 · revenue $62,224

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
16-1743588
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$199,605,235
Income (IRS master file)
$44,005,818

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$41,100,797$21,016,342$199,605,235XML
990-TDecember 2024–––IRS
990-PFDecember 2023$28,400,506$20,647,114$173,411,587XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 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 16-1743588).

Questions about MUSICAL INSTRUMENT MUSEUM

What is the EIN of MUSICAL INSTRUMENT MUSEUM?
The employer identification number (EIN) of MUSICAL INSTRUMENT MUSEUM is 16-1743588.
Is MUSICAL INSTRUMENT MUSEUM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to MUSICAL INSTRUMENT MUSEUM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MUSICAL INSTRUMENT MUSEUM 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 MUSICAL INSTRUMENT MUSEUM due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MUSICAL INSTRUMENT MUSEUM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MUSICAL INSTRUMENT MUSEUM?
The 990 for the year ended December 31, 2024 names CRAIG CULY.
Who are the officers and directors of MUSICAL INSTRUMENT MUSEUM?
The 990 for the year ended December 31, 2024 lists 17 people; 5 received compensation from the organization, the highest $235,125 (CRAIG D CULY, EXECUTIVE DIRECTOR/TREASURER).
How much revenue does MUSICAL INSTRUMENT MUSEUM have?
On its 990 for the year ended December 31, 2024 it reported revenue of $41,100,797, expenses of $21,016,342 and total assets of $199,605,235 at year end.

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