MUSEUM OF MODERN ART: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MUSEUM OF MODERN ART (EIN 13-1624100)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-14
- IRS object ID
- 202411359349308746
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T14:56:27-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 366055558 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 Third Avenue 3rd Floor | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131624100 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Museum of Modern Art | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MUSE | BusinessNameControlTxt |
| Phone | 2127089400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 West 53rd Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | James Gara | PersonNm |
| Person Title | COO/Assistant Treasurer | PersonTitleTxt |
| Phone | 2127089400 | PhoneNum |
| Signature | 2024-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | James | PersonFirstNm |
| Person Last | Gara | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Daniel Romano | PreparerPersonNm |
| PTIN | P00504182 | PTIN |
| Phone | 2125990100 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Glenn Lowry | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 West 53rd Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $495,830,534 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.moma.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1929 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | The Museum of Modern Art connects people from around the world (Continued in Schedule O) | ActivityOrMissionDesc |
| Voting Members Governing Body | 53 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 53 | VotingMembersIndependentCnt |
| Total Employee | 1045 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $14,313,723 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $2,725,772 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $94,737,177 | PYContributionsGrantsAmt |
| CY Contributions Grants | $108,016,214 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $25,223,210 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $37,165,583 | CYProgramServiceRevenueAmt |
| PY Investment Income | $112,477,511 | PYInvestmentIncomeAmt |
| CY Investment Income | $54,497,171 | CYInvestmentIncomeAmt |
| PY Other Revenue | $32,883,862 | PYOtherRevenueAmt |
| CY Other Revenue | $37,001,753 | CYOtherRevenueAmt |
| PY Total Revenue | $265,321,760 | PYTotalRevenueAmt |
| CY Total Revenue | $236,680,721 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,527,928 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,596,572 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $99,587,967 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $106,647,849 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $12,690,495 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $145,708,294 | PYOtherExpensesAmt |
| CY Other Expenses | $171,425,088 | CYOtherExpensesAmt |
| PY Total Expenses | $247,824,189 | PYTotalExpensesAmt |
| CY Total Expenses | $280,669,509 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $17,497,571 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$43,988,788 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,507,036,549 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,490,307,043 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $473,595,915 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $376,132,235 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,033,440,634 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,114,174,808 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The Museum of Modern Art is a private, non-profit institution chartered by the State of New York Department of Education in 1929 to foster public awareness of modern and contemporary art. (Continued in Schedule O) | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $134,892,901 | ExpenseAmt |
| Grant | $2,596,572 | GrantAmt |
| Revenue | $66,187,585 | RevenueAmt |
| Desc | Museum Operations - Curatorial and curatorial support departments include conservation, learning and engagement programming, exhibitions, creative, publications, library and archives. The Museum was founded in 1929 as an educational institution and maintains a vast breadth of educational programming, which increased in the years after the openings of the renovations and expansions in 2004, 2006, and 2019. (Continued in Schedule O) | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $25,691,007 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $4,133,745 | RevenueAmt |
| Desc | In FY 2023, over approximately 570 works were added to this collection, both by donation and by purchase. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $46,744,079 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Security, operations, and maintenance of exhibition galleries and art collection. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $207,327,987 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 690 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 1045 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 53 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 53 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Karen Stewart | PersonNm |
| Phone | 2127089801 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 West 53rd Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (78 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Ronald S Lauder | ||||||||||
| Honorary Chair/Trustee | 1.00 | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Richard E Salomon | ||||||||||
| Vice Chair/Treasurer/Trustee | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Jerry I Speyer | ||||||||||
| Chairman Emeritus/Trustee | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Agnes Gund | ||||||||||
| President Emerita/Trustee | 0.50 | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Maja Oeri | ||||||||||
| Vice Chair/Trustee | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Marie-Josee Kravis | ||||||||||
| Chair/Trustee | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Ronnie Heyman | ||||||||||
| President/Trustee | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Sid R Bass | ||||||||||
| Vice Chairman/Trustee | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Mimi Haas | ||||||||||
| Vice Chair/Trustee | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Marlene Hess | ||||||||||
| Vice Chair/Trustee | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| Sarah Arison | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Alexandre Arnault | ||||||||||
| Trustee (Beg 06/23) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Lawrence B Benenson | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| David Booth | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Leon D Black | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Clarissa Alcock Bronfman | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Patricia Phelps de Cisneros | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Edith Cooper | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Paula Crown | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Steven Cohen | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| David Dechman | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Anne Dias Griffin | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Glenn Dubin | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Lonti Ebers | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Joel S Ehrenkranz | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| John Elkann | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Laurence D Fink | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Glenn Fuhrman | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Kathleen Fuld | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| AC Hudgins | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Barbara Jakobson | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Pamela Joyner | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Jill Kraus | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Khalil Gibran Muhammad | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Philip S Niarchos | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| James G Niven | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Peter Norton | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Daniel S Och | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Eyal Ofer | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Michael S Ovitz | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Sharon Percy Rockefeller | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Emily Rauh Pulitzer | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Richard Roth | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Anna Marie Shapiro | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Anna Deavere Smith | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Jon Stryker | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Daniel Sundheim | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Tony Tamer | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Steve Tananbaum | ||||||||||
| Trustee | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Alice M Tisch | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Edgar Wachenheim III | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Garry Winnick | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Xin Zhang | ||||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Wallis Annenberg | ||||||||||
| Life Trustee | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| David Rockefeller Jr | ||||||||||
| Life Trustee | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| Glenn D Lowry | ||||||||||
| Director/Ex-Officio Trustee | 40.00 | 1.00 | Yes (X) | $1,551,777 | $0 | $705,709 | ||||
| James Gara | ||||||||||
| COO/Assistant Treasurer | 40.00 | 1.00 | Yes (X) | $952,306 | $0 | $140,509 | ||||
| James Grooms | ||||||||||
| General Counsel/Secretary | 40.00 | 1.50 | Yes (X) | $589,663 | $0 | $43,041 | ||||
| Sarah Suzuki | ||||||||||
| Associate Museum Director | 40.00 | 0.00 | $495,931 | $0 | $112,785 | Yes (X) | ||||
| Beverly Morgan-Welch | ||||||||||
| Sr. Deputy Dr of External Affairs | 40.00 | 0.00 | $468,867 | $0 | $104,732 | Yes (X) | ||||
| Ann Temkin | ||||||||||
| Chief Curator-Painting & Sculpture | 40.00 | 0.00 | $412,675 | $0 | $131,785 | Yes (X) | ||||
| Jan Postma | ||||||||||
| Chief Financial Officer | 40.00 | 0.00 | $433,569 | $0 | $80,737 | Yes (X) | ||||
| Christophe Cherix | ||||||||||
| Chief Curator - Drawings and Prints | 40.00 | 0.00 | $406,901 | $0 | $95,162 | Yes (X) | ||||
| Rajendra Roy | ||||||||||
| Chief Curator - Film | 40.00 | 0.00 | $394,759 | $0 | $80,017 | Yes (X) | ||||
| Odessa Matsubara | ||||||||||
| Chief Human Resources Officer | 40.00 | 0.00 | $407,683 | $0 | $60,837 | Yes (X) | ||||
| Christy Thompson | ||||||||||
| Sr. Deputy Dr of Exhibitions & Collections | 40.00 | 0.00 | $389,359 | $0 | $50,317 | Yes (X) | ||||
| Roxana Marcoci | ||||||||||
| Senior Curator- Photography | 40.00 | 0.00 | $212,872 | $0 | $208,078 | Yes (X) | ||||
| Tunji Adeniji | ||||||||||
| Chief Facilities and Safety Officer | 40.00 | 0.00 | $341,465 | $0 | $46,086 | Yes (X) | ||||
| Stuart Comer | ||||||||||
| Chief Curator-Media&Performance Art | 40.00 | 0.00 | $330,410 | $0 | $35,481 | Yes (X) | ||||
| Clement Cheroux | ||||||||||
| Chief Curator - Photography | 40.00 | 0.00 | $323,398 | $0 | $25,625 | Yes (X) | ||||
| Martino Stierli | ||||||||||
| Chief Curator - Arch. and Design | 40.00 | 0.00 | $297,220 | $0 | $45,048 | Yes (X) | ||||
| Gabriel Morrow | ||||||||||
| Director, Investments | 40.00 | 0.00 | $559,243 | $0 | $95,566 | Yes (X) | ||||
| Jean Savitsky | ||||||||||
| Dir. Real Estate and Construction | 40.00 | 0.00 | $537,695 | $0 | $54,284 | Yes (X) | ||||
| Jesse Goldstine | ||||||||||
| General Manager - Retail | 40.00 | 0.00 | $447,759 | $0 | $57,034 | Yes (X) | ||||
| Emmanuel Plat | ||||||||||
| Director, Merchandising | 40.00 | 0.00 | $423,764 | $0 | $67,196 | Yes (X) | ||||
| Diana Pan | ||||||||||
| Chief Technology Officer | 40.00 | 0.00 | $374,447 | $0 | $35,932 | Yes (X) | ||||
| Michael Shay | ||||||||||
| Director of Investments (Thru 4/22) | 0.00 | 0.00 | $175,109 | $0 | $8,337 | Yes (X) | ||||
| Anthony Wai | ||||||||||
| Chief Investment Officer (Thru 6/22) | 0.00 | 0.00 | $680,417 | $0 | $40,856 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $11,207,289 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $2,325,154 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 238 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Radial Inc | |||||
| 935 First Avenue | King of Prussia | PA | 19406 | Warehouse Fulfillment Management | $6,297,968 |
| Collins Building Services Inc | |||||
| 24-01 44th Road | Long Island City | NY | 11101 | Janitorial Cleaning | $3,977,405 |
| IMEREX Inc | |||||
| 666 Third Street South 102 | Naples | FL | 34102 | Advertising | $1,568,159 |
| The New York Times Company | |||||
| 620 Eighth Avenue | New York | NY | 10018 | Advertising | $1,288,313 |
| Masterpiece International Ltd | |||||
| 39 Broadway | New York | NY | 10006 | Art Transport | $1,136,948 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 88 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $2,028,668 | MembershipDuesAmt |
| Fundraising | $7,224,127 | FundraisingAmt |
| All Other Contributions | $98,763,419 | AllOtherContributionsAmt |
| Noncash Contributions | $9,077,072 | NoncashContributionsAmt |
| Total Contributions | $108,016,214 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Admissions | 712100 | $36,281,751 | $36,281,751 | |
| Other Programs | 712100 | $835,164 | $161,250 | $673,914 |
| Exhibition Tour Income | 712100 | $48,668 | $48,668 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $37,165,583 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,591,898 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $1,093,662 | UnrelatedBusinessRevenueAmt |
| Exclusion | $23,498,236 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $48,283 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $48,283 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $245,758,071 | SecuritiesAmt |
| Other | $4,133,745 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $219,986,543 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $25,771,528 | SecuritiesAmt |
| Other | $4,133,745 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $29,905,273 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,133,745 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $5,100,430 | UnrelatedBusinessRevenueAmt |
| Exclusion | $20,671,098 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $149,520 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $7,224,127 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $1,925,727 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,776,207 | TotalRevenueColumnAmt |
| Exclusion | -$1,776,207 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $74,330,893 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $37,237,543 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $37,093,350 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $29,647,633 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $7,445,717 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| Museum Restaurants | 722310 | $1,369,488 | $1,369,488 |
| Tax refund | 930000 | $266,839 | $266,839 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,636,327 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $236,680,721 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $70,321,330 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $14,313,723 | UnrelatedBusinessRevenueAmt |
| Exclusion | $44,029,454 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,596,572 | TotalAmt |
| Program Services | $2,596,572 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,348,996 | TotalAmt |
| Program Services | $3,826,658 | ProgramServicesAmt |
| Management And General | $8,948,739 | ManagementAndGeneralAmt |
| Fundraising | $573,599 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,109,742 | TotalAmt |
| Program Services | $49,716,852 | ProgramServicesAmt |
| Management And General | $11,808,453 | ManagementAndGeneralAmt |
| Fundraising | $5,584,437 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,622,922 | TotalAmt |
| Program Services | $5,072,886 | ProgramServicesAmt |
| Management And General | $1,966,604 | ManagementAndGeneralAmt |
| Fundraising | $583,432 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,952,207 | TotalAmt |
| Program Services | $8,619,407 | ProgramServicesAmt |
| Management And General | $3,341,482 | ManagementAndGeneralAmt |
| Fundraising | $991,318 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,613,982 | TotalAmt |
| Program Services | $3,735,981 | ProgramServicesAmt |
| Management And General | $1,448,326 | ManagementAndGeneralAmt |
| Fundraising | $429,675 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,466,180 | TotalAmt |
| Management And General | $1,466,180 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $693,464 | TotalAmt |
| Management And General | $693,464 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,800 | TotalAmt |
| Management And General | $55,800 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,014,249 | TotalAmt |
| Management And General | $10,014,249 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,822,249 | TotalAmt |
| Program Services | $14,264,188 | ProgramServicesAmt |
| Management And General | $6,662,355 | ManagementAndGeneralAmt |
| Fundraising | $1,895,706 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,997,468 | TotalAmt |
| Program Services | $5,724,213 | ProgramServicesAmt |
| Fundraising | $1,273,255 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,254,346 | TotalAmt |
| Program Services | $12,896,842 | ProgramServicesAmt |
| Management And General | $1,025,544 | ManagementAndGeneralAmt |
| Fundraising | $331,960 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,759,392 | TotalAmt |
| Management And General | $1,759,392 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,000 | TotalAmt |
| Program Services | $100,000 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,406,664 | TotalAmt |
| Program Services | $12,668,826 | ProgramServicesAmt |
| Management And General | $4,363,940 | ManagementAndGeneralAmt |
| Fundraising | $373,898 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,250,888 | TotalAmt |
| Program Services | $2,648,406 | ProgramServicesAmt |
| Management And General | $256,016 | ManagementAndGeneralAmt |
| Fundraising | $346,466 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $274,960 | TotalAmt |
| Program Services | $38,496 | ProgramServicesAmt |
| Management And General | $236,255 | ManagementAndGeneralAmt |
| Fundraising | $209 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,936,371 | TotalAmt |
| Program Services | $8,936,371 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,270,477 | TotalAmt |
| Program Services | $37,202,002 | ProgramServicesAmt |
| Management And General | $5,068,475 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,140,155 | TotalAmt |
| Program Services | $3,140,155 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| ART ACQUISITION | $25,691,007 | $25,691,007 | ||
| EXHIBITION RELATED EXPE | $5,175,812 | $5,175,812 | ||
| TAX EXPENSE | $683,546 | $683,546 | ||
| DUES & SUBSCRIPTIONS | $414,379 | $313,793 | $74,157 | $26,429 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,017,681 | TotalAmt |
| Program Services | $4,275,974 | ProgramServicesAmt |
| Management And General | $1,461,596 | ManagementAndGeneralAmt |
| Fundraising | $280,111 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $280,669,509 | TotalAmt |
| Program Services | $207,327,987 | ProgramServicesAmt |
| Management And General | $60,651,027 | ManagementAndGeneralAmt |
| Fundraising | $12,690,495 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,861,065 | BOYAmt |
| EOY | $8,078,607 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,139,868 | BOYAmt |
| EOY | $129,232,436 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,070,334 | BOYAmt |
| EOY | $34,966,847 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,024,204 | BOYAmt |
| EOY | $7,047,799 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,148,499 | BOYAmt |
| EOY | $18,812,118 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,699,588 | BOYAmt |
| EOY | $11,292,735 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,139,186,981 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $511,389,940 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $655,533,126 | BOYAmt |
| EOY | $627,797,041 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $733,953,679 | BOYAmt |
| EOY | $733,635,097 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $755,725,000 | BOYAmt |
| EOY | $816,984,000 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,881,186 | BOYAmt |
| EOY | $102,460,363 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,507,036,549 | BOYAmt |
| EOY | $2,490,307,043 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,058,278 | BOYAmt |
| EOY | $39,184,924 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,146,467 | BOYAmt |
| EOY | $1,304,970 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $262,855,406 | BOYAmt |
| EOY | $181,898,907 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,000,000 | BOYAmt |
| EOY | $100,000,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,535,764 | BOYAmt |
| EOY | $53,743,434 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $473,595,915 | BOYAmt |
| EOY | $376,132,235 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,177,950,136 | BOYAmt |
| EOY | $1,206,403,497 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $855,490,498 | BOYAmt |
| EOY | $907,771,311 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,033,440,634 | BOYAmt |
| EOY | $2,114,174,808 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,507,036,549 | BOYAmt |
| EOY | $2,490,307,043 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$43,988,788 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $112,656,646 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $12,066,316 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $244,100,473 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $166,781,071 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $98,780,348 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $94,737,177 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $108,016,214 | CurrentTaxYearAmt |
| Total | $712,415,283 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $244,100,473 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $166,781,071 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $98,780,348 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $94,737,177 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $108,016,214 | CurrentTaxYearAmt |
| Total | $712,415,283 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $276,250,070 | SubstantialContributorsTotAmt |
| Public Support Total170 | $436,165,213 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $22,103,647 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,307,903 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,608,122 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,488,548 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,546,519 | CurrentTaxYearAmt |
| Total | $103,054,739 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $310,883 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $944,398 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $467,421 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $413,801 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,725,772 | CurrentTaxYearAmt |
| Total | $4,862,275 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,453,768 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,916,116 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $247,566 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,741,496 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,785,847 | CurrentTaxYearAmt |
| Total | $9,144,793 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $829,477,090 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $231,613,692 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.52580 | PublicSupportCY170Pct |
| Public Support PY170 | 0.59680 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule A, Part II, Line 10, Explanation of Other Income: | Other Income - 2018 Amount: $ 2,453,768. 2019 Amount: $ 2,916,116. 2020 Amount: $ 247,566. 2021 Amount: $ 1,741,496. 2022 Amount: $ 1,785,847. |
| Schedule A, Part II, Line 10: | General Explanation - Other income includes gross income from fundraising and corporate events, ancillary revenue from the restaurant operations, and tax refunds received. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $55,800 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $55,800 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $267,656,373 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $267,712,173 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $60,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $51,150 | CurrentYearMinus2Amt |
| Current Year Minus1 | $51,000 | CurrentYearMinus1Amt |
| Current Year | $55,800 | CurrentYearAmt |
| Total | $217,950 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,011,156,858 | BeginningYearBalanceAmt |
| Contributions | $64,043,215 | ContributionsAmt |
| Investment Earnings Or Losses | $79,541,671 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $74,247,887 | OtherExpendituresAmt |
| End Year Balance | $1,080,493,857 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,086,633,813 | BeginningYearBalanceAmt |
| Contributions | $54,586,579 | ContributionsAmt |
| Investment Earnings Or Losses | -$67,233,393 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $62,830,141 | OtherExpendituresAmt |
| End Year Balance | $1,011,156,858 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $891,045,788 | BeginningYearBalanceAmt |
| Contributions | $64,703,512 | ContributionsAmt |
| Investment Earnings Or Losses | $211,937,510 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $81,052,997 | OtherExpendituresAmt |
| End Year Balance | $1,086,633,813 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,198,064,000 | BeginningYearBalanceAmt |
| Contributions | $131,036,416 | ContributionsAmt |
| Investment Earnings Or Losses | $15,568,915 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $453,623,543 | OtherExpendituresAmt |
| End Year Balance | $891,045,788 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,075,718,000 | BeginningYearBalanceAmt |
| Contributions | $207,675,000 | ContributionsAmt |
| Investment Earnings Or Losses | $6,908,000 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $92,237,000 | OtherExpendituresAmt |
| End Year Balance | $1,198,064,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.16350 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.54080 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.29570 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $98,499,947 | OtherCostOrOtherBasisAmt |
| Book Value | $98,499,947 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $832,589,325 | OtherCostOrOtherBasisAmt |
| Depreciation | $418,058,574 | DepreciationAmt |
| Book Value | $414,530,751 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,919,245 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,745,838 | DepreciationAmt |
| Book Value | $1,173,407 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $190,677,517 | OtherCostOrOtherBasisAmt |
| Depreciation | $89,585,528 | DepreciationAmt |
| Book Value | $101,091,989 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,500,947 | OtherCostOrOtherBasisAmt |
| Book Value | $12,500,947 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $627,797,041 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Private Equity Securities | $548,765,000 | F |
| Multi-Strat & Other | $160,169,000 | F |
| Credit Securities | $98,978,000 | F |
| Real Estate Securities | $9,072,000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $816,984,000 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Pension and post investment retirement benefits | $31,666,371 |
| Lease Liability | $22,077,063 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $53,743,434 | TotalLiabilityAmt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 1a: | The Museum's collections, acquired through purchase and contributions, are not recognized as assets on the consolidated statements of financial position. Purchases of collection items are recorded in the year in which the items were acquired as decreases in net assets without donor restrictions. Contributed collection items are not reflected in the consolidated financial statements. Proceeds from sale of works of art, which are reflected as increases in net assets with donor restrictions, are used primarily to acquire other items for the collection. Devoting Museum resources to the direct care of the works in the collection is essential to safeguard and preserve the quality of the works and extend their lifespan. Direct care of the collection may include, but is not limited to, providing specialized safe, secure and climate controlled storage and galleries spaces, protecting the works which require it from heat, humidity, theft, visitor handling, fire, dust, excessive lighting, water, pests, physical forces and other elements, as well as providing expert conservation, registration, cataloguing, audio visual, imaging, framing and documentation services. |
| Part III, Line 4: | The Museum is chartered as an educational institution whose collection of modern and contemporary art is made available to the public to encourage an ever-deeper understanding and enjoyment of such art by the diverse local, national, and international audiences that it serves. In pursuit of this goal, the Museum has collected over 200,000 works of painting, sculpture, drawing, printmaking, photography, film, performance, media, architecture, and industrial and graphic design. Through the leadership of its Board of Trustees and staff, the Museum strives to establish, preserve, and document a collection of the highest order that reflects the vitality, complexity and unfolding patterns of modern and contemporary art; present exhibitions and educational programs of unparalleled significance; sustain a library, archives and conservation laboratory that are recognized as international centers of research; and support scholarship and publications of preeminent intellectual merit. |
| Part V, Line 4: | The Museum's endowment funds consist of approximately 157 individual funds established for a variety of purposes, including art acquisitions, exhibitions, publications, educational and operating support. Its endowment includes both donor restricted endowment funds and funds designated by the Board to function as endowments. As required by Generally Accepted Accounting Principles, net assets associated with endowments funds, including funds designated by the Board to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. The long term focus of the Museum's investment portfolio is to support the Museum's mission by providing a reliable source of funds for current and future use. The value of the Museum's investments have and will fluctuate in response to changing market conditions. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|
| Central America and the Caribbean | Investment | $283,440,160 |
| Europe (Including Iceland & Greenland) | Investment | $30,433,902 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $313,874,062 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $313,874,062 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 2: | The Museum of Modern Art invests in domestic and foreign limited partnerships that may own an interest in a foreign corporation, passive foreign investment company, or foreign partnership. Nevertheless, the Museum's investment activities may not reach the thresholds required for filing the Forms 926, 5471, 8621 or 8865. To the extent such a form was completed, it has been filed with the Museum's Form 990-T. |
| Part III Accounting Method: |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | David Rockefeller Award Luncheon | Event1Nm |
| Gross Receipts Event1 | $2,002,400 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,988,200 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $14,200 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $43,492 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $0 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $103,124 | OtherDirectExpensesEvent1Amt |
| Event2 | Party in the Garden | Event2Nm |
| Gross Receipts Event2 | $3,817,247 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $3,713,577 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $103,670 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $296,337 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $115,381 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $898,819 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $1,554,000 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $1,522,350 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $31,650 | GrossRevenueOtherEventsAmt |
| Food And Beverage Other Events | $109,343 | FoodAndBeverageOtherEventsAmt |
| Oth Direct Expnss Other Events | $359,230 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $7,373,647 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $7,224,127 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $149,520 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $449,172 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $115,381 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $1,361,173 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $1,925,726 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$1,776,206 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MoMA PS1 Contemporary Art Center Inc | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46-01 23RD Street | AddressLine1Txt |
| City | Long Island City | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 237379091 | RecipientEIN |
| IRC Section | 501(c)(3) | IRCSectionDesc |
| Cash Grant | $2,596,572 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | Operating Support | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The Museum is the sole member of PS1 Contemporary Art Center, Inc (DBA MoMA PS1). In 2000 MoMA PS1 and the Museum entered into an affiliation to promote the study, knowledge, enjoyment and appreciation of modern and contemporary art through a collaborative program of exhibitions, research, special projects and other educational and curatorial activities. MoMA PS1 retained its separate corporate status and is a support corporation of the Museum with the Museum as its sole corporate member. The Museum has the right to appoint all members of the MoMA PS1 board of directors. MoMA PS1 and the Museum entered into a management assistance and services agreement whereby the Museum provides management assistance and service to MoMA PS1 in certain areas, including accounting and payroll, fundraising and development, coordination of MoMA PS1's information technology, insurance and legal affairs. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (23 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Glenn D Lowry | ||||||||||||||
| Director/Ex-Officio Trustee | $992,121 | $0 | $556,456 | $0 | $3,200 | $0 | $347,950 | $0 | $357,759 | $0 | $2,257,486 | $0 | $264,019 | $0 |
| James Gara | ||||||||||||||
| COO/Assistant Treasurer | $560,096 | $0 | $368,510 | $0 | $23,700 | $0 | $99,209 | $0 | $41,300 | $0 | $1,092,815 | $0 | $47,500 | $0 |
| Anthony Wai | ||||||||||||||
| Chief Investment Officer (Thru 6/22) | $376,578 | $0 | $300,000 | $0 | $3,839 | $0 | $12,999 | $0 | $27,857 | $0 | $721,273 | $0 | $0 | $0 |
| Gabriel Morrow | ||||||||||||||
| Director, Investments | $425,905 | $0 | $112,250 | $0 | $21,088 | $0 | $68,300 | $0 | $27,266 | $0 | $654,809 | $0 | $0 | $0 |
| James Grooms | ||||||||||||||
| General Counsel/Secretary | $549,107 | $0 | $19,250 | $0 | $21,306 | $0 | $18,300 | $0 | $24,741 | $0 | $632,704 | $0 | $0 | $0 |
| Sarah Suzuki | ||||||||||||||
| Associate Museum Director | $463,531 | $0 | $11,270 | $0 | $21,130 | $0 | $81,770 | $0 | $31,015 | $0 | $608,716 | $0 | $0 | $0 |
| Jean Savitsky | ||||||||||||||
| Dir. Real Estate and Construction | $422,225 | $0 | $113,664 | $0 | $1,806 | $0 | $18,300 | $0 | $35,984 | $0 | $591,979 | $0 | $0 | $0 |
| Beverly Morgan-Welch | ||||||||||||||
| Sr. Deputy Dr of External Affairs | $445,892 | $0 | $0 | $0 | $22,975 | $0 | $73,487 | $0 | $31,245 | $0 | $573,599 | $0 | $0 | $0 |
| Ann Temkin | ||||||||||||||
| Chief Curator-Painting & Sculpture | $396,922 | $0 | $12,981 | $0 | $2,772 | $0 | $92,008 | $0 | $39,777 | $0 | $544,460 | $0 | $0 | $0 |
| Jan Postma | ||||||||||||||
| Chief Financial Officer | $419,415 | $0 | $13,524 | $0 | $630 | $0 | $35,196 | $0 | $45,541 | $0 | $514,306 | $0 | $0 | $0 |
| Jesse Goldstine | ||||||||||||||
| General Manager - Retail | $360,644 | $0 | $77,425 | $0 | $9,690 | $0 | $18,300 | $0 | $38,734 | $0 | $504,793 | $0 | $0 | $0 |
| Christophe Cherix | ||||||||||||||
| Chief Curator - Drawings and Prints | $386,455 | $0 | $12,981 | $0 | $7,465 | $0 | $49,149 | $0 | $46,013 | $0 | $502,063 | $0 | $0 | $0 |
| Emmanuel Plat | ||||||||||||||
| Director, Merchandising | $363,789 | $0 | $37,685 | $0 | $22,290 | $0 | $20,500 | $0 | $46,696 | $0 | $490,960 | $0 | $0 | $0 |
| Rajendra Roy | ||||||||||||||
| Chief Curator - Film | $381,524 | $0 | $12,298 | $0 | $937 | $0 | $41,283 | $0 | $38,734 | $0 | $474,776 | $0 | $0 | $0 |
| Odessa Matsubara | ||||||||||||||
| Chief Human Resources Officer | $374,787 | $0 | $12,719 | $0 | $20,177 | $0 | $18,300 | $0 | $42,537 | $0 | $468,520 | $0 | $0 | $0 |
| Christy Thompson | ||||||||||||||
| Sr. Deputy Dr of Exhibitions & Colle | $388,729 | $0 | $0 | $0 | $630 | $0 | $7,680 | $0 | $42,637 | $0 | $439,676 | $0 | $0 | $0 |
| Roxana Marcoci | ||||||||||||||
| Senior Curator- Photography | $204,563 | $0 | $7,021 | $0 | $1,288 | $0 | $169,344 | $0 | $38,734 | $0 | $420,950 | $0 | $0 | $0 |
| Diana Pan | ||||||||||||||
| Chief Technology Officer | $341,655 | $0 | $11,431 | $0 | $21,361 | $0 | $20,500 | $0 | $15,432 | $0 | $410,379 | $0 | $0 | $0 |
| Tunji Adeniji | ||||||||||||||
| Chief Facilities and Safety Officer | $307,940 | $0 | $10,775 | $0 | $22,750 | $0 | $20,500 | $0 | $25,586 | $0 | $387,551 | $0 | $0 | $0 |
| Stuart Comer | ||||||||||||||
| Chief Curator-Media&Performance Art | $319,181 | $0 | $10,471 | $0 | $758 | $0 | $9,740 | $0 | $25,741 | $0 | $365,891 | $0 | $0 | $0 |
| Clement Cheroux | ||||||||||||||
| Chief Curator - Photography | $311,107 | $0 | $11,592 | $0 | $699 | $0 | $8,727 | $0 | $16,898 | $0 | $349,023 | $0 | $0 | $0 |
| Martino Stierli | ||||||||||||||
| Chief Curator - Arch. and Design | $266,677 | $0 | $9,599 | $0 | $20,944 | $0 | $17,814 | $0 | $27,234 | $0 | $342,268 | $0 | $0 | $0 |
| Michael Shay | ||||||||||||||
| Director of Investments (Thru 4/22) | $164,553 | $0 | $0 | $0 | $10,556 | $0 | $8,337 | $0 | $0 | $0 | $183,446 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | As a condition of employment, the Museum requires the director to reside in the Museum's apartment on the premises in Museum tower in furtherance of the Museum's operations and mission and for the convenience of the Museum. Health club membership dues of the director are paid for by the Museum and included in the director's compensation. |
| Part I, Line 4b | Glenn Lowry received a supplemental retirement plan payment described in comment below. |
| Part I, Line 7 | Glenn Lowry - Director full-time employee, officer and ex-officio trustee. In 2022 Glenn Lowry earned $992,121 in base compensation. Column B (ii) includes a annual bonus of $456,037, a previously scheduled payment of a multi-year supplemental retirement plan, dating to 2014, of $72,000, and a partial retention payment of $28,418 for a total of $556,455. The retention payment was based on Mr. Lowry remaining an active employee at the Museum for a specific period of time. These amounts compare to $817,177 of base compensation and a annual bonus of $376,342 in 2021. Column C includes a 2023 accrual of $36,000 under the supplemental retirement plan to be paid next year. The following individuals listed received a bonus in calendar year 2022 based on meeting certain objective performance criteria/metrics or service requirements. These bonuses were authorized by management. The following individuals had no input into the awarding of their own bonuses: James Gara (Chief Operating Officer and Assistant Treasurer), Anthony Wai (Chief Investment Officer), Gabriel Morrow (Director of Investments), Jean Savitsky (Director of Real Estate and Construction), Jesse Goldstine (General Manager Retail), and Emmanuel Platt (Director Merchandising). The following individuals listed received discretionary bonuses in calendar year 2022 (as part of a museum wide plan for any employee who was within certain time compliance) for their retention during the COVID-19 pandemic. The bonus was approved by the board of directors and documented in committee minutes. The individuals are: James Gara (Chief Operating Officer and Assistant Treasurer) Gabriel Morrow (Director of Investments) James Grooms (General Counsel/Secretary) Sarah Suzuki (Associate Museum Director) Jean Savitsky (Director of Real Estate and Construction) Ann Temkin (Chief Curator - Painting and Sculpture) Jan Postma (Chief Financial Officer) Jesse Goldstine (General Manager Retail) Christophe Cherix (Chief Curator - Drawings and Prints) Emmanuel Platt (Director - Merchandising) Rajendra Roy (Chief Curator - Film) Odessa Matsubara (Chief Human Resources Officer) Roxana Marcoci (Senior Curator - Photography) Diana Pan (Chief Technology Officer) Tunji Adeniji (Chief Facilities and Safety Officer) Stuart Comer (Chief Curator - Media and Performance Art) Clement Cheroux (Chief Curator - Photography) Martino Stierli (Chief Curator - Arch. and Design) |
| Part II, Column (C): | Amounts reported as deferred compensation, to the extent they include evaluation increases, are based on actuarial calculations done for June 30, 2023 as opposed to calendar year 2022. Compensation Reporting Generally: All compensation reported on Form 990 in Part VII and Schedule J, including bonuses, are based on calendar year 2022, pursuant to employee contracts with the persons listed. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Trust for Cultural Resources of City of New York Series 2016 | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 911882413 | BondIssuerEIN |
| CUSIP | 649717TE5 | CUSIPNum |
| Bond Issued | 2016-08-02 | BondIssuedDt |
| Issue Price | $330,117,210 | IssuePriceAmt |
| Purpose | Finance new money project and refund prior issues | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $110,725,000 | RetiredAmt |
| Total Proceeds | $332,389,580 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $1,723,748 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $152,227,251 | CapitalExpendituresAmt |
| Other Spent Proceeds | $178,403,305 | OtherSpentProceedsAmt |
| Unspent | $35,277 | UnspentAmt |
| Substantial Completion | 2019 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | Yes (1) | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part I, Column e: | The difference between Part I(e) and Part II, Line 3 is due to interest earnings on bond proceeds. |
| Schedule K, Part I, Column f: | The bonds refunded the Borrower's Series 2008-One-A (issued 7/23/08) and Series 2012-One-D (issued 5/1/12). |
| Schedule K, Part III, Line 4: | The refunding portion of the bonds refunded prior bonds issued before January 1, 2003. The new money portion of the bonds financed a new money project, which was placed in service in fiscal year 2020. The bonds did not finance any private uses. |
| Schedule K, Part III, Line 7: | As provided in treasury regulation section 1.141-4(c)(2)(i)(b), the amount of private payments taken into account under the private payment test may not exceed the amount of private business use and/or unrelated trade or business use. Accordingly, the amount of private payments for the reporting period does not exceed the amount stated in Part III, Line 6. The organization has not undertaken an analysis of the private security test with respect to the bonds, as the level of private business use and/or unrelated trade or business reported in Part III, Line 6, is not in excess of amounts permitted under section 145 of the code. |
| Schedule K, Column A, Part IV, Line 2c: | The rebate computation for series 2016-One-E was completed on June 6, 2022. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 141 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Not Applicable | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 376 | ContributionCnt |
| Noncash Contributions Rpt F990 | $9,077,072 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Selling Price | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 17 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Column (b): | Nonmonetary contributions are recorded at estimated fair value at date of receipt if the Museum received certain goods and services that meet criteria under generally accepted accounting principles for recognition as contributions. In accordance with accounting standards codification, the Museum does not treat donations of art as revenue or record these artworks on the statement of financial position as these artworks are used to support the Museum's educational mission. Proceeds from the deaccession of artwork are used primarily to acquire and maintain other items for the collection. Schedule M, Part I, Line 1: Loans of art work to the Museum. From time to time Trustees of the Museum may loan artworks to the Museum for a limited duration of time for specific exhibitions. Schedule M, Part I, Line 9: Gifts of stock from the same person, on the same trade date, are considered in the aggregate as one gift. |
| Part I, Line 32b: | A third party bank is authorized to sell donated securities as soon as possible upon confirmation by the Museum. The Museum also contracts periodically with various auction houses, galleries and other institutions to facilitate approved deaccessioned art work. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part I, Line 1, Description of Organization Mission: | to the art of our time. The Museum aspires to be a catalyst for experimentation, learning, and creativity, a gathering place for all, and a home for artists and their ideas. As part of this mission, the Museum of Modern Art establishes, preserves, and documents a permanent collection of modern and contemporary art, presents exhibitions and educational programs, sustains a library, archives, and conservation laboratory and supports scholarship and publications. The Form 990 is one of several reports the Museum makes available each year. The Museum encourages it to be read with the audited financial statements, which provide additional financial context. These documents as well as previous years reports can be found on moma.org. |
| Form 990, Part III, Line 1: | The Museum's mission is to connect people from around the world to the art of our time. The Museum aspires to be a catalyst for experimentation, learning, and creativity, a gathering place for all, and a home for artists and their ideas. In pursuit of this goal, the Museum has collected approximately 200,000 works of art, including works of painting, sculpture, drawing, prints, illustrated books, photography, film, media, performance art, architecture, and industrial and graphic design. As a central part of its mission, the Museum also operates a scholarly publishing program, conducts an extensive learning and engagement program, and maintains a major library, archives, and conservation laboratory that are recognized as international centers of research. Its exhibitions are circulated nationally and internationally. |
| Form 990, Part III, Line 4a: | After over three years of construction, including a planned four-month temporary closure of the Museum to the public in order to complete construction and art re-installation, an expanded new MoMA opened on October 21, 2019, with a reimagined presentation of modern and contemporary art, catalyzed by a 30% increase in overall gallery space and an improved quality of visitor experience through reconceived entrances, circulation, and amenities, concurrent with an increase in public space, including an expanded below-grade store and a new restaurant with terrace on the sixth floor. The expansion, developed by MoMA with architects Diller Scofidio + Renfro, in collaboration with Gensler, added more than 40,000 square feet of gallery spaces and enables the Museum to exhibit significantly more art in new and interdisciplinary ways. In FY 2023, visitors to MoMA had access to or engaged with interpretative offerings including labels, audio content (offered in nine languages), activity packets, and self-guided tour materials. During FY 2022 and FY 2023, the Museum brought back various onsite programs, including gallery tours, interactive spaces, workshops, visual description tours for the blind and partially sighted, and resources for other individuals with special needs, that had been successfully pivoted to virtual offerings during part of the pandemic. |
| Form 990, Part IV, Line 30: | Gifts of artwork are considered by individual item. |
| Form 990, Part VI, Section B, line 11b | The Museum's Form 990 is prepared by Grant Thornton LLP in coordination with the Museum's controller's office with input from many museum departments. It is then reviewed by Museum senior staff including the Director, the Chief Operating Officer, the Chief Financial Officer, and the General Counsel. The 990 is then presented to the Museum's Audit Committee of the Board of Trustees for review and approval. A copy of the 990 is provided to each member for the Board of Trustees electronically or in printed copy prior to filing the return. The 990 is available to the public through the Museum's website www.moma.org. |
| Form 990, Part VI, Section B, line 12c | On an annual basis, the Museum distributes its code of conduct to all trustees and designated employees and requires that conflict of interest questionnaires be completed and returned for initial review by the office of the General Counsel and the Director of Human Resources respectively. Amongst other things, the conflict of interest questionnaire requires the responder: confirm that he or she has read and understands the code of conduct, agree to abide by it, identify whether he or she or a family member has any relationship with the Museum that may represent a conflict of interest as defined by the code and report any knowledge of a transaction which should be reported under the code, etc. When potential employee conflicts of interest are reported or identified, when necessary, an investigation is conducted to determine the facts and circumstances and recommendation of action, if warranted. Such action may include, but is not limited to, prohibiting the individual from participating in deliberations and decisions regarding the transaction in question, or taking disciplinary action, which in appropriate circumstances may include suspension or termination. The employee's supervisor is notified of an employee with identified conflicts and the action to be taken, if any. When potential trustee conflicts of interest are reported or identified, the general counsel's office makes a report to a committee of the Board of Trustees with a recommendation for action, if warranted, including but not limited to disclose to the board of trustees, prohibiting the trustee from participating in and/or voting on the transaction in question, resignation from the Board of Trustees, etc. The code of conduct further provides that the committee make a recommendation to the Chairman of the Board for decision by the board. |
| Form 990, Part VI, Section B, line 15 | The process for determining the compensation for the museum director and certain key employees includes reviews and approval by the Board of Trustees' compensation subcommittee of the executive committee (the "committee") of the governing body, consisting of independent trustees, and not including the director or other staff members. In making its determination, the committee obtains and reviews comparability data with respect to compensation levels paid for comparable job positions obtained through the assistance of an expert compensation consultant which, in appropriate instances, includes survey data regarding compensation levels paid by similarly situated organizations for comparable employment positions, form 990 data from other leading Museums and cultural and education institutions, as well as for profit institutions which may be interested in recruiting the Museum staff. The determination, deliberation and decisions made by the committee are contemporaneously substantiated and documented in minutes of the meeting which include the committee members present and participation, the compensation terms approved, the data relied upon and how it was obtained. The committee periodically meets and reviews, the last meeting was held on December 4, 2023. |
| Form 990, Part VI, Section C, line 19 | The Museum's governing documents are available for review. Conflict of interest policy, code of conduct policy, prior years audited financial statements and prior years 990 are available to the public through the Museum's website https://www.moma.org/about/documents-policies. |
| Form 990, Part VII: | The hours disclosed for officers, key employees and highly compensated individuals is 40 hours which represents a full-time designated employee. For those listed on Part VII the hours worked, in reality, are significantly more than the standard full-time employee norm. |
| Form 990, Part XI, line 9: | The other changes in net assets are related to Defined Benefit Plan changes other than net periodic benefit costs partially offset by organizations that file a separate return. 12,066,316. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AFE LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 West 53rd Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202379359 | EIN |
| Primary Activities | Real Estate | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Total Income | -$298,515 | TotalIncomeAmt |
| End Of Year Assets | $2,456,886 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Museum of Modern Art | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Modern and Contemporary Art Support Corp | |||||||||||
| 11 West 53rd Street | New York | NY | 10019 | 133910972 | Receive, acquire & hold title in property | DE | 501(c)(3) | Line 12a, I | Museum of Modern Art | Yes (1) | |
| PS1 Contemporary Art Center Inc | |||||||||||
| 46-01 21st Street | New York | NY | 11101 | 237379091 | Contemporary Art Exhibitions | NY | 501(c)(3) | Line 7 | Museum of Modern Art | Yes (1) | |
| The International Council of The Museum of Modern Art | |||||||||||
| 11 West 53rd Street | New York | NY | 10019 | 136143744 | Support Corporation | NY | 501(c)(3) | Line 12a, I | 0 | N/A | |
| MoMA Auxiliaries | |||||||||||
| 11 West 53rd Street | New York | NY | 10019 | 133975341 | Manage Retail Operation | DE | 501(c)(3) | Line 12a, I | Museum of Modern Art | Yes (1) | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Alta Cultura | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 West 53rd Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134114902 | EIN |
| Primary Activities | General Business Corporation | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C | EntityTypeTxt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (11 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| The International Council of The Museum of Modern Art | ||
| C | $955,053 | FMV |
| The International Council of The Museum of Modern Art | ||
| O | $475,813 | Cost |
| The International Council of The Museum of Modern Art | ||
| Q | $84,420 | Cost |
| The International Council of The Museum of Modern Art | ||
| R | $281,324 | Cost |
| PS1 Contemporary Art Center Inc | ||
| L | $666,566 | Cost |
| PS1 Contemporary Art Center Inc | ||
| R | $1,756,572 | Cost |
| MoMA Auxiliaries | ||
| P | $2,015,243 | Cost |
| PS1 Contemporary Art Center Inc | ||
| D | $2,000,000 | FMV |
| PS1 Contemporary Art Center Inc | ||
| B | $840,000 | Cost |
| The International Council of The Museum of Modern Art | ||
| S | $49,725 | Cost |
| Modern and Contemporary Art Support Corp | ||
| Q | $190,428 | Cost |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule R, Part I: | There is a $2 million line of credit guaranteed by MoMA. |
| Schedule R, Part V, Line 1R: | The Museum is under an agreement with the International Council of the Museum of Modern Art and MoMA PS1 Contemporary Art Center to invest and manage the Council's and MoMA PS1's endowment funds. The amounts transferred for investment and spending from these endowments are reflected in Part V. |