Annual Report • Fiscal Year 2022

At the Toledo Museum of Art, we believe that art brings us together. As we continue to make progress on our vision to become the model art museum for our commitment to quality and belonging, it is important that each year we reflect on our efforts to unite our community around superlative artistic practice.

Numbers of Note

  • 104,182
    Gallery visits
  • 12,926
    Touring visitors, with 114 student tours, 417 adult tours, and 89 self-guided.
  • 159
    Public glassblowing demonstrations

Financial Summary

Total Revenue & Support
Total Expenses

Pooled Investments

$188,266,678

Charitable Trusts

$74,439,350

Total

$262,706,028

Revenue

$18,642,703

Expenses

$18,383,062

Operating Surplus (Deficit)

$259,641

PPP Loan Forgiveness

$1,630,535*

Total Surplus

$1,890,176

*monies received and spent in previous fiscal year

Endowment & Investment Income

$9,133,708

Contributions

$5,904,863

Earned Income

$3,604,132

PPP Loan Forgiveness

$1,630,535

Total Revenue & Support

$20,273,238

Art Collection

$6,396,346

Art Education & Programs

$6,292,077

Management & General

$3,855,543

Fundraising & Development

$1,839,096

Total Expense

$18,383,062