Museum of the Bible Inc

Summary

Museum of the Bible is an innovative, global, educational institution whose purpose is to invite all people to engage with the Bible. We do so through four main initiatives: the Museum in Washington, D.C., Traveling Exhibitions, Education (with our new Bible curriculum), and Research.


Contact information

Mailing address:
P.O. Box 15479
Washington , DC 20003

Website: museumofthebible.org/

Phone: (866) 430-MOTB

Email:


Organization details

EIN: 273444987

CEO/President: Harry Hargrave

Chairman: Steve Green

Board size: 13

Founder: Steve Green

Year founded: 2011

Tax deductible: Yes

Fiscal year end:

Member of ECFA: No

Member of ECFA since:


Purpose


Mission statement

The Museum of the Bible is an innovative, global and educational institution whose purpose is to invite all people to engage with the history, the impact and the narrative of the Bible. We do so through four main initiatives: our permanent museum in Washington, D.C., traveling exhibitions, education and research.


Statement of faith

Financial efficiency ratings

Sector: Christian Growth

CategoryRatingOverall rankSector rank
Overall efficiency rating374 of 43941 of 50
Fund acquisition rating240 of 43928 of 50
Resource allocation rating285 of 43932 of 50
Asset utilization rating435 of 43950 of 50

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%8%8%9%5%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%7%8%8%5%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%91%99%99%100%94%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%9%29%38%37%3%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%9%1%1%0%6%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%78%41%35%35%69%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%78%29%22%13%14%
Program output ratio Program output ratio =
Program services /
Total revenue
81%61%12%8%5%9%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%22%71%78%87%86%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
2%7%31%28%39%32%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%13%30%27%27%28%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.270.220.100.070.060.05
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.5331.149.8116.9122.3150.30
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.466.810.971.241.322.54
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.052.451.600.801.991.20
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.410.621.250.500.83
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.061.044.64-2.464.530.80
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%15%21%7%2%2%
Debt ratio Debt ratio =
Debt /
Total assets
0%13%15%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%389%792%1262%1656%1947%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$299,079$28,995,919$17,307,477$10,198,933$2,908,113
Receivables, inventories, prepaids$15,756,549$22,223,115$12,987,058$5,493,592$1,280,445
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$16,055,628$51,219,034$30,294,535$15,692,525$4,188,558
Long-term investments$0$0$0$0$0
Fixed assets$481,450,938$436,241,910$268,248,904$123,697,027$68,308,163
Other long-term assets$2,463,479$14,863,170$213,655,538$210,786,078$138,172,649
Total long-term assets$483,914,417$451,105,080$481,904,442$334,483,105$206,480,812
Total assets$499,970,045$502,324,114$512,198,977$350,175,630$210,669,370
 
Liabilities20182017201620152014
Payables and accrued expenses$6,552,092$31,941,953$38,011,262$7,890,217$3,478,850
Other current liabilities$0$0$0$0$0
Total current liabilities$6,552,092$31,941,953$38,011,262$7,890,217$3,478,850
Debt$67,416,242$75,000,000$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$67,416,242$75,000,000$0$0$0
Total liabilities$73,968,334$106,941,953$38,011,262$7,890,217$3,478,850
 
Net assets20182017201620152014
Unrestricted$409,701,438$381,973,860$464,812,257$339,557,338$207,190,520
Temporarily restricted$16,300,273$13,408,301$9,375,458$2,728,075$0
Permanently restricted$0$0$0$0$0
Net assets$426,001,711$395,382,161$474,187,715$342,285,413$207,190,520
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$127,617,416$170,528,850$167,868,366$156,450,194$73,026,880
Program service revenue$12,107,258$1,245,962$465,681$273,220$379,984
Membership dues$0$0$0$0$0
Investment income$106,866$307,073$51,253$25,411$13,915
Other revenue$188,973($647,916)$1,105,862($980,544)$4,078,911
Total other revenue$12,403,097$905,119$1,622,796($681,913)$4,472,810
Total revenue$140,020,513$171,433,969$169,491,162$155,768,281$77,499,690
 
Expenses20182017201620152014
Program services$85,075,918$20,533,175$12,968,511$7,319,792$7,324,955
Management and general$14,613,266$14,990,095$10,296,201$5,645,241$3,009,631
Fundraising$9,712,179$14,376,410$14,324,148$7,708,355$305,417
Total expenses$109,401,363$49,899,680$37,588,860$20,673,388$10,640,003
 
Change in net assets20182017201620152014
Surplus (deficit)$30,619,150$121,534,289$131,902,302$135,094,893$66,859,687
Other changes in net assets$0$0$0$0$0
Total change in net assets$30,619,150$121,534,289$131,902,302$135,094,893$66,859,687

Response from ministry

No response has been provided by this ministry.


History


Program accomplishments


Needs