Year in Review 2024 / 2025

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Finances

The RISD Museum is an integral part of the Rhode Island School of Design, a non-profit institution. As a non-profit, we are responsible for raising funds (from individual donations, grants, and more) and generating revenue (through sales of publications and admissions fees) to support our operations, as well as spending those funds in accordance with our mission to benefit the public. This section breaks down where our income comes from, as well as how we spend it.

Income

Income: $9,242,661

  Grants & Designated Gifts $4,261,365 (46%)

  RISD Institutional Support $3,688,049 (40%)

  Revenue $896,663 (10%)

  Annual Giving $396,584 (4%)

Expenses

Personnel Expense: $7,282,734

  Engagement $3,944,721 (54%)

  Collections $2,244,658 (31%)

  Operations $1,093,355 (15%)

Non-Personnel Expense: $1,786,386

  Engagement $1,012,257 (57%)

  Collections $571,457 (32%)

  Operations $202,672 (11%)