About
What does Singapore Art Museum do?
Singapore Art Museum (SAM) is a charity that presents contemporary art exhibitions and programmes with a focus on Southeast Asia. It relies on donations to create inspiring shows, sparking lifelong interest in art and making it accessible for all.
Founded
2013
People
imran bin tajudeen, collin tseng chern yang @collin liu chern yang, fumio nanjo, su e-len mrs. e-len fu, foo kwee joen junie, michelangelo kho samson, low eng teong, timothy chin jun wun (timothy chen junwen), cheng wai wing edmund, heng chen seng
Causes
AllEducationHighlights
- Donations are tax-deductible
- Registered Charity
- Established since 2013
- Published yearly Annual Reports
- Audited Financial Statements
Society Impact
- Promoting contemporary art and artists from Southeast Asia, fostering a regional identity and cultural exchange.
- Providing educational programs to make contemporary art accessible for visitors of all backgrounds, enhancing their understanding and appreciation of the arts.
- Organizing thought-provoking exhibitions that spark lifelong interest in art and stimulate creativity among visitors.
- Building one of the world's most important public collections of Southeast Asian contemporary art for future generations to appreciate and learn from.
- Committing to responsible practices, such as sustainable operations and ethical collection management, contributing to a humane and sustainable future.
- Encouraging dialogue, discovery, and collaboration among artists, visitors, and the community through various programs and events.
- Fostering cultural tourism
Donation Income
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
Program Expense Ratio
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
Financials
Donation Income
What are the donations used for?
- Promoting contemporary art and artists from Southeast Asia, fostering a regional identity and cultural exchange.
- Providing educational programs to make contemporary art accessible for visitors of all backgrounds, enhancing their understanding and appreciation of the arts.
- Organizing thought-provoking exhibitions that spark lifelong interest in art and stimulate creativity among visitors.
- Building one of the world's most important public collections of Southeast Asian contemporary art for future generations to appreciate and learn from.
- Committing to responsible practices, such as sustainable operations and ethical collection management, contributing to a humane and sustainable future.
- Encouraging dialogue, discovery, and collaboration among artists, visitors, and the community through various programs and events.
- Fostering cultural tourism
Program Expense Ratio
This is the percentage of the charity's total expenses that are spent on its core programs. A higher percentage suggests that more money is going directly to the cause, rather than being spent on administrative or fundraising expenses.
Fundraising Efficiency
This indicates the cost to raise a single dollar. A lower cost suggests the charity is more efficient in its fundraising efforts.
Annual Reports
Financial Information
Source: Charity PortalCharities and IPCs are required to prepare the financial statements in accordance to the Charities (Accounts and Annual Report) Regulations and the Charities (Institutions of A Public Character) Regulations, where applicable. The financial statement is available online for latest 3 financial years.
| Receipts | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations in Cash | |||
| Tax-Deductible | 1,475,065 | 103,218 | 1,336 |
| Non Tax-Deductible | 183,869 | 84,589 | 13,512 |
| Total Donations in Cash | 1,658,934 | 187,807 | 14,848 |
| Donations in Kind | |||
| Tax-Deductible | 0 | 0 | 0 |
| Non Tax-Deductible | 0 | 0 | 0 |
| Total Donations in Kind | 0 | 0 | 0 |
| Government Grants | 22,453,310 | 14,356,865 | 12,840,772 |
| Investment Income | 0 | 0 | 0 |
| Programme Fees | 0 | 0 | 0 |
| Others Income | 269,250 | 210,369 | 214,170 |
| Total Receipts | 24,381,494 | 14,755,041 | 13,069,790 |
| Capital in Nature | 6,832,728 | 546,228 | 288,561 |
| Expenses | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Fundraising Expenses | |||
| Fundraising Expenses | 40,645 | 49,296 | 21,050 |
| Charitable Activities/Programme Expenses | |||
| Local (Direct & Support) | 0 | 0 | 0 |
| Overseas (Direct & Support) | 285,349 | 36,634 | 1,398 |
| Charitable Activities/Programme Expenses | 285,349 | 36,634 | 1,398 |
| Expenses | |||
| Other Expenses | 24,055,500 | 14,040,910 | 12,491,661 |
| Total Expenditure | 24,381,494 | 14,126,840 | 12,514,109 |
| Balance Sheet | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Assets | |||
| Land and Buildings | 6,013,232 | 7,139,021 | 188,869 |
| Other Tangible Assets | 549,633 | 455,942 | 198,663 |
| Investments | 0 | 0 | 0 |
| Inventories | 0 | 0 | 0 |
| Account Receivables | 14,507 | 2,894 | 282 |
| Cash & Deposits | 14,593,655 | 17,474,635 | 11,965,488 |
| Other Assets | 2,635,337 | 565,480 | 427,470 |
| Total Assets | 23,806,364 | 25,637,972 | 12,780,772 |
| Funds | |||
| Total Unrestricted Funds | 5,616,836 | 5,616,836 | 4,988,635 |
| Total Restricted Funds | 0 | 0 | 0 |
| Endowments Funds | 0 | 0 | 0 |
| Total Funds and Reserves | 5,616,836 | 5,616,836 | 4,988,635 |
| Liabilities | |||
| Total Current Liabilities | 12,290,017 | 13,036,240 | 7,762,137 |
| Total Non-Current Liabilities | 5,899,511 | 6,984,896 | 30,000 |
| Total Liabilities | 18,189,528 | 20,021,136 | 7,792,137 |
| Total Funds and Liabilities | 23,806,364 | 25,637,972 | 12,780,772 |
| Other Information | Apr 2022 - Mar 2023(S$) | Apr 2021 - Mar 2022(S$) | Apr 2020 - Mar 2021(S$) |
|---|---|---|---|
| Donations, Grants and Sponsorships given to other registred charities | 0 | 0 | 0 |
| No. of Employees | 86 | 65 | 68 |
| Total Employee Cost | 8,108,704 | 7,200,081 | 6,376,909 |
| Fudnraisig Efficiency Ratio | 0 | 0 | 1 |
| Total Related Party Transactions | 733,911 | 777,015 | 701,165 |
People
At Singapore Art Museum (SAM), individuals contribute towards presenting contemporary art exhibitions and programmes with a focus on Southeast Asia. Their efforts are directed towards sparking lifelong interest in art, making it accessible for all through donations.
imran bin tajudeen
collin tseng chern yang @collin liu chern yang
fumio nanjo
su e-len mrs. e-len fu
foo kwee joen junie
michelangelo kho samson
low eng teong
timothy chin jun wun (timothy chen junwen)
cheng wai wing edmund
heng chen seng
News
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