Tacoma Art Museum Tacoma Wa
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Tacoma Art Museum transforms our communities by sharing art that inspires broader perspectives and cultivates a compassionate future
- Income
- $3.1 million
- Spending
- $5.5 million
- Spent on programs
- 55%
- Reserves
- 1.4 months of spending
- Largest source of income
- donations and private grants, 47%
- Employees
- 48
- Volunteers
- 50
- Highest pay
- $225,626, executive dir.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 48 out of 100. Higher than 18% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 1.4 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
0 of 15Spending exceeded income by 77% of income.
Income trend
10 of 15Income fell 7% on the year before.
Spending floor
8 of 1555% of spending went to programs and raising each dollar of donations cost 29 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 85 out of 100. Higher than 38% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2522 of 22 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $1.5 million spent. TAM presented 9 total exhibitions during FY25, including Impressionism at TAM, a partnership with Tacoma Arts Live to highlight Impressionism in our collection, always a popular draw among visitors; and Soft Power which used primarily textiles as a medium to express cultural heritage, & amplify social criticism.
- $981,421 spent. Museum services includes the TAM store, TAM Caf, and visitor services. The store features local artist designed jewelry, ceramics, and books by local authors and reflect current exhibitions. TAM caf offers freshly made entrees
- $320,303 spent. TAM's education program empowers visitors to find and create meaning with art in order to build an empathetic and collaborative community through programs and tours, in gallery activities and audio tours, art workshops and creative opportunities. During one of TAM's most popular programs, Neighborhood Nights, the museum is free and open to the public every Thursday from 5-8pm.
- $274,193 spent. Other Program Services
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1964.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.