ART MUSEUM OF SOUTHEAST TEXAS
Mission Statement
Mission Statement: Through unique collections, exhibitions, public programs and outreach in the visual arts, the mission of the Art Museum of Southeast Texas is to provide education, inspiration and creative vision throughout Southeast Texas. Our Vision: To enhance the community through art education and to be an essential resource partner for the visual arts through Inclusion, Diversity, Equity, Access, and Sustainability (IDEAS) in every aspect of AMSET operations. Our Purpose: The purpose of the Art Museum of Southeast Texas is to collect, preserve, exhibit and interpret the visual arts with special attention to the fine and folk arts of the 19th-21st centuries by providing for conservation, preservation and exhibition of collections including docent-led tours, publications, symposia, film, lectures, and interdisciplinary programs.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
51.7% | 77.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
47.5% | 14.2% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.8% | 5.8% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
3.9% | 288.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
95.0 mo | 15.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.6% | 11.4% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
47.0% | 71.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-6.6% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.7% | 5.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-4.0% | 0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $1.2M | $1.2M | $9.7M | 51.7% | 22 |
| 2024 | $1.3M | $1.2M | $9.6M | 46.4% | 18 |
| 2023 | $954K | $1.1M | $8.9M | 45.0% | 16 |
| 2022 | $1.1M | $1.1M | $8.8M | 49.2% | 16 |
| 2021 | $2.3M | $1.0M | N/A | — | 19 |
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