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Royal Ontario Museum

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 980033472 ✦ Designated as a 501(c)(3)

Overview

What is Royal Ontario Museum?

The Royal Ontario Museum (ROM) is a leading Canadian cultural institution based in Toronto. With a mission to broaden humanity's knowledge of ourselves, our society, and the natural world, the ROM houses an impressive collection of over 13 million art objects and natural history specimens. As a renowned field research institute, the museum is at the forefront of new discoveries and original findings in both the artistic and natural realms. With 40 gallery exhibition spaces, the ROM invites visitors to immerse themselves in a diverse range of cultural and historical treasures, from around the world and across the ages.


Is Royal Ontario Museum legitimate?

Royal Ontario Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Royal Ontario Museum submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,162,877
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,291,597

For more financial information, click here


What is the mission statement of Royal Ontario Museum?
Who is the CEO of Royal Ontario Museum?
What is the revenue of Royal Ontario Museum?
Who are the executives of Royal Ontario Museum and what are their salaries?

The average compensation at Royal Ontario Museum during 2022 was $47,472. There are 473 employees and 494 volunteers at Royal Ontario Museum.

Here are 35 key members and their salaries (Royal Ontario Museum's CEO's salary is $421,766 and their total compensation is $421,766):


Where can I find the form 990 for Royal Ontario Museum?

Mission Statement of Royal Ontario Museum

The Royal Ontario Museum, a leading cultural institution in North America, is renowned for its showcase of art, culture, and nature from across the globe and throughout history. As Canada's premier field research institute, the ROM pushes the boundaries of knowledge in artistic, cultural, and natural realms. With a vast collection of 13 million art objects and natural history specimens, the ROM houses exhibits in 40 gallery spaces, making it the largest and most comprehensive museum in the country. The ROM's influence extends beyond borders, as an international innovator in groundbreaking discoveries. Through its extensive collection and research, the ROM advances our understanding of the artistic, cultural, and natural world, enriching our lives and broadening our horizons.

Impact

This information is meant to be a general summary of Royal Ontario Museum. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Royal Ontario Museum's impact is immense, as it serves as a crucial institution in advancing our understanding of the artistic, cultural, and natural world. With a world-class collection of 13 million art objects and natural history specimens showcased in 40 gallery exhibition spaces, the ROM plays a significant role in preserving and interpreting human history and the natural world. As Canada's largest and most comprehensive museum, it is an international leader in new research findings, contributing to the global knowledge of art, culture, and natural history. The ROM's mission to showcase art, culture, and nature from around the world and across the ages further highlights its vital role in educating and inspiring audiences of all backgrounds.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,377
  • Program Service Revenue: $12,019,656
  • Gross Receipts: $61,371,646

    • Assets and Liabilities:
  • Total Assets: $166,282,284
  • Total Liabilities: $201,117,011
  • Net Assets: -$34,834,727
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMISSIONS

    Revenue

    $5,363,476

    Event Rental & Retail sales

    Revenue

    $1,027,088

    PUBLIC PROGRAM

    Revenue

    $112,108

    MUSEUM SALES

    Revenue

    $251,479

    Organization Details

    Founding Year

    1968

    Principal Officer

    Smriti Agarwal

    NTEE Category

    Code: A54 - Arts

    If you are a representative of Royal Ontario Museum and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.