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