Better Business Bureau Report for
Contemporary Art Museum St. Louis

Better Business Bureau Report issued November 2010
Better Business Bureau Report expires November 2011


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: Contemporary Art Museum St. Louis
Address: 3750 Washington Blvd
  St. Louis , MO 63108
Phone: 314-535-4660
Web Address: www.camstl.org
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Better Business Bureau Comments

Year, State Incorporated: 1980, Missouri
Affiliates: None
Stated Purpose: "exists to promote meaningful engagement with the most relevant and innovative art being made today."

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Evaluation Conclusions

               

Contemporary Art Museum St. Louis (CAMSTL ) meets the 20 Standards for Charity Accountability.
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Programs

               

Exhibitions, Public Education, and Youth Outreach.

For the fiscal year ended June 30, 2009, CAMSTL Contemporary Art Museum St. Louis' program expenses were:

  
Contemporary Art Programs 1,857,143
Total Program Expenses: $1,857,143
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Governance

               

Chief Executive : Paul Ha , Director
Compensation*:
 $167,971

Chair of the Board: David S. Obedin
Chair's Profession / Business Affiliation: Financial Advisor, Renaissance Financial

Board Size: 39

Paid Staff Size: 25

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

               

Method(s) Used:

direct mail, invitations to fund raising events, print advertisements, grant proposals, internet
Fund raising costs were 17% of related contributions. (Related contributions, which totaled $1,804,526, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on CAMSTL Contemporary Art Museum St. Louis' audited financial statements for the fiscal year ended June 30, 2009.

Source of Funds  
Individual Contributions 483,629
Corporate/Foundation/Special Contributions 468,372
Special Events (net) 455,808
In-Kind Legal and Professional Fees 336,754
Investment Income 295,716
Public Funding 59,963
Program Related Income 55,012
Other Earned Income 17,567
Museum Shop and Cafe -14,555
Total Income $2,158,266


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Uses of Funds as a % of Total Expenses

Programs: 80%  Fund Raising: 13%  Administrative: 7% 

Total income   $2,158,266
  Program expenses $1,857,143
  Fund raising expenses 304,864
  Administrative expenses 151,684
 
Total expenses   $2,313,691
Expenses in Excess of Income   (155,425)
Beginning net assets   12,921,093
Ending net assets   12,765,668
Total liabilities   116,879
Total assets   $12,882,547


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