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The 990 read · EIN 04-2103607 · MA · Fiscal year FY ending Jun 2025

Museum of Fine Arts

Museum of Fine Arts: CEO salary, finances and where donations go

In its own words

“The Museum of Fine Arts houses and preserves preeminent collections and aspires to serve a wide variety of people through direct encounters with works of art in order to encourage inquiry and to heighten public understanding and appreciation of the visual world.”

Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.

Methodology by Amir Arani, CPA, CA · Updated

Top pay
$1.1M Matthew Teitelbaum, 0.8% of spending
Revenue
$186.6M 51.6% from donations and grants
Spent
$141.3M 58.6% on programs, as reported
Net assets
$1.43B end of FY ending Jun 2025
Savings
121.1 months of spending, net assets ÷ spending
People
865 employees, 350 volunteers
Form 990 (FY ending Jun 2025), Parts I, VII, IX, X
01 · Red flags

No red flags in its latest filing.

We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.

No reported asset diversions, no insider transactions, no fundraisers keeping most of the money, and the governance policies we check for are in place.

02 · Where $1 goes · FY ending Jun 2025

Of each dollar it spent, 58.6¢ went to programs, as reported.

The split the charity filed.
58.6¢
Programs, $82.8M
5.1¢
Fundraising, $7.1M
36.3¢
Admin, $51.4M
Form 990 (FY ending Jun 2025), Part IX, line 25
Cost to raise $1
7¢
as reported

For each dollar donated, Museum of Fine Arts spent 7¢ on fundraising.

Fundraising ÷ $96.4M contributions · Form 990 Parts VIII, IX
03 · What it does

What it told the IRS it spent on.

The charity's own description of its largest programs, with what each cost.

Program 1 · 20.7% of program spending $17.2M

Exhibitions: with a collection of nearly 500,000 objects, the museum owns some of the rare and important artistic treasures in the world. Such a collection enables the museum to present many special exhibitions with a balance between scholarly programs and those with broad public appeal. During fiscal year 2025, the museum presented 20 exhibitions. Some highlights include: dali: disruption and devotion; georgia o'keeffe and henry moore; power of the people: art and democracy; deep waters: four artists and the sea; the sun will set: contemporary abstraction and the body; fragments of self:…

Program 2 · 2.6% of program spending $2.2M

Enterprise: the museum's retail operations offers a wide variety of merchandise related to the museum's collections and special exhibitions, which contribute importantly to the achievement of the museum's exempt educational purpose by making works of art familiar to a broader segment of the public. Offerings at shop include art books, posters, cards, glass, textiles, jewelry and sculpture. Merchandise is for sale in the physical shops or through retail's web-based outlet.the museum is exempt as an educational organization on the basis of its ownership, maintenance, and exhibition for public…

Program 3 · 52.3% of program spending $43.3M

Operating support: expenses: $24,009,233 revenue: $0operating support consists of all other areas of the museum. Including protective services, facilities and other areas which support the operations of the museum and its mission.parking facilities: expenses: $1,304,091 revenue: $4,877,518the museum owns a parking garage and has two open-air parking lots. All of these facilities are open to members and visitors to the museum. The operation of adjacent parking lots by the museum, in areas of insufficient parking spaces for the use of its visitors, contributes importantly to the museum's exempt…

Form 990 (FY ending Jun 2025), Part III
04 · The savings

Net assets: $920.9M to $1.43B in 11 years.

Net assets at each fiscal year end, 2013 to 2025.

Net assets at year end, $ millions
921
1010
986
908
975
1014
1015
1062
1272
1174
1219
1426
Form 990 history via ProPublicaForm 990 (FY ending Jun 2025)
05 · Who gets paid

The 8 highest-paid people.

Reportable pay in FY ending Jun 2025, from the charity and related organizations.

Matthew Teitelbaum
Ann & Graham Gund Director
$1,144,716
Eric Woods
Chief Operating Officer
$520,394
Cameran Mason
Chief External Relations
$462,904
Catherine Vandenabeele
Chief Financial Officer
$407,796
Pierre Terjanian
Chief of Curatorial Affair
$306,767
Emily Blumenthal
Chief of Staff
$260,185
Jane O'reilly-Corcoran
Dir. of Human Resources
$236,103
Ellen J Reynolds
Director of Development
$228,165
Form 990 (FY ending Jun 2025), Part VII, Section A
Largest outside contractors
ContractorServicePaid
Shawmut WoodworkingConstruction$7,265,377
US Art CompanyArt shipping and storage$1,376,720
Tarianrsig Security LLCSecurity$1,300,320
Unconquerable Security Solutions PllcSecurity$1,037,805
Cambridge Associates LLCInvestment management$948,687
Form 990 (FY ending Jun 2025), Part VII, Section B
06 · Questions

The questions people ask about the Museum of Fine Arts.

Short, sourced answers. Each one stands on its own.

How much does the Museum of Fine Arts CEO make?

Matthew Teitelbaum, Ann & Graham Gund Director, received $1,144,716 in reportable compensation in FY ending Jun 2025, 0.8% of Museum of Fine Arts' $141.3M in spending.

Form 990 (FY ending Jun 2025), Part VII

What percentage of Museum of Fine Arts donations go to programs?

Museum of Fine Arts reported 58.6% of FY ending Jun 2025 spending as programs, 5.1% as fundraising and 36.3% as management.

Form 990 (FY ending Jun 2025), Part IX

How much money does Museum of Fine Arts have?

Net assets were $1.43B at the end of FY ending Jun 2025, about 121.1 months of spending.

Form 990 (FY ending Jun 2025), Part X

Does Museum of Fine Arts have any red flags in its filing?

Its latest Form 990 triggered none of our twelve screening rules, which cover reported asset diversions, insider transactions, fundraiser costs, governance policies and spending patterns.

Form 990 (FY ending Jun 2025)
07 · Sources and citing

Every number, traced.

  1. Museum of Fine Arts Form 990, FY ending Jun 2025 (IRS e-file)
  2. Museum of Fine Arts Form 990 history (ProPublica Nonprofit Explorer)
Cite this page

Amir Arani, “Museum of Fine Arts: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/museum-of-fine-arts/