THE METROPOLITAN MUSEUM OF ART: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE METROPOLITAN MUSEUM OF ART (EIN 13-1624086)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-02-18
- IRS object ID
- 202510499349301586
- Schema version
- 2023v6.0
- 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 | 2025-02-18T15:27:59-06:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PwC US Tax LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 NEW YORK AVENUE NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131624086 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | METROPOLITAN MUSEUM OF ART | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CONTROLLER'S OFFICE | InCareOfNm |
| Business Name Control | METR | BusinessNameControlTxt |
| Phone | 2128795500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMESON KELLEHER | PersonNm |
| Person Title | COO, CFO & TREASURER | PersonTitleTxt |
| Phone | 6464713000 | PhoneNum |
| Signature | 2025-02-18 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRAVIS L PATTON PARTNER | PreparerPersonNm |
| PTIN | P00369623 | PTIN |
| Phone | 2024141000 | PhoneNum |
| Preparation | 2025-02-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MAX HOLLEIN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,580,715,826 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.METMUSEUM.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1870 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES. PLEASE SEE SCHEDULE O FOR MORE DETAILS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 49 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 48 | VotingMembersIndependentCnt |
| Total Employee | 2307 | TotalEmployeeCnt |
| Total Volunteers | 1323 | TotalVolunteersCnt |
| Total Gross UBI | $30,291,022 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $383,849,407 | PYContributionsGrantsAmt |
| CY Contributions Grants | $381,145,505 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,531,830 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,471,049 | CYProgramServiceRevenueAmt |
| PY Investment Income | $366,359,726 | PYInvestmentIncomeAmt |
| CY Investment Income | $294,637,085 | CYInvestmentIncomeAmt |
| PY Other Revenue | $3,786,863 | PYOtherRevenueAmt |
| CY Other Revenue | $13,348,180 | CYOtherRevenueAmt |
| PY Total Revenue | $761,527,826 | PYTotalRevenueAmt |
| CY Total Revenue | $697,601,819 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,356,363 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,750,234 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $210,703,057 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $230,171,464 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $110,788 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $79,855 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $23,058,740 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $207,073,856 | PYOtherExpensesAmt |
| CY Other Expenses | $244,943,262 | CYOtherExpensesAmt |
| PY Total Expenses | $420,244,064 | PYTotalExpensesAmt |
| CY Total Expenses | $477,944,815 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $341,283,762 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $219,657,004 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,614,873,152 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,025,306,841 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $617,114,704 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $645,207,710 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,997,758,448 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,380,099,131 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES IN ORDER TO CONNECT PEOPLE TO CREATIVITY, KNOWLEDGE, AND IDEAS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $154,642,734 | ExpenseAmt |
| Grant | $2,750,234 | GrantAmt |
| Revenue | $1,007,466 | RevenueAmt |
| Desc | CURATORIAL DEPARTMENTS, INCLUDING OPERATION OF THE CLOISTERS, CONSERVATION, CATALOGUING, AND SCHOLARLY PUBLICATIONS (INCLUDES FELLOWSHIP AWARDS AND TRAVEL STIPENDS IN THE AMOUNT OF $2,750,234) - SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $48,984,957 | ExpenseAmt |
| Revenue | $5,579,140 | RevenueAmt |
| Desc | ACQUISITIONS AND SALES OF ART - SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $35,798,365 | ExpenseAmt |
| Revenue | $1,339,528 | RevenueAmt |
| Desc | EDUCATION PROGRAMS, MUSEUM LIBRARIES, CONCERTS & LECTURES, AND DIGITAL MEDIA- SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)
| ExpenseExpenseAmt | DescDesc | RevenueRevenueAmt |
|---|---|---|
| $19,328,450 | OPERATING SERVICES | |
| $27,306,625 | SPECIAL EXHIBITIONS | $1,100,000 |
| $5,293,041 | ALL OTHER SUPPORT SERVICES | $8,946,374 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $51,928,116 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $10,046,374 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $291,354,172 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 933 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 2307 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | EG | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 49 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 48 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | 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 | LA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | 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 | NV | 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 | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | 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 | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CONTROLLER'S OFFICE | PersonNm |
| Phone | 2128795500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (72 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Daniel H Weiss | |||||||||
| President and CEO to 6/30/23 | 35.0 | 0.0 | Yes (X) | $3,221,561 | $0 | $59,052 | |||
| Lauren A Meserve | |||||||||
| SVP & CHIEF INVESTMENT OFFICER | 35.0 | 0.0 | $1,501,595 | $0 | $494,961 | Yes (X) | |||
| Max Hollein | |||||||||
| Director & CEO from 7/1/23 | 35.0 | 0.0 | $1,602,410 | $0 | $62,316 | Yes (X) | Yes (X) | ||
| Lawrence Choi | |||||||||
| Senior Investment Officer | 35.0 | 0.0 | Yes (X) | $781,646 | $0 | $365,141 | |||
| Jameson Kelleher | |||||||||
| COO, CFO and Treasurer | 35.0 | 0.0 | $764,040 | $0 | $57,980 | Yes (X) | |||
| Whitney Donhauser | |||||||||
| Dep Dir & Chf Advancement Off | 35.0 | 0.0 | $569,705 | $0 | $60,687 | Yes (X) | |||
| Sharon H Cott | |||||||||
| SVP, SECRETARY & GEN. COUNSEL | 35.0 | 0.0 | $505,093 | $0 | $71,478 | Yes (X) | |||
| Stephen Martin Mannello | |||||||||
| Head of Retail & Global Licens | 35.0 | 0.0 | Yes (X) | $413,039 | $0 | $60,342 | |||
| Quincy Houghton | |||||||||
| Dep Dir for Exh & Int'l Initia | 35.0 | 0.0 | $399,017 | $0 | $71,541 | Yes (X) | |||
| Kenneth Weine | |||||||||
| SVP & CHIEF COMMS OFF TO 12/31 | 35.0 | 0.0 | $391,459 | $0 | $61,845 | Yes (X) | |||
| Andrea Bayer | |||||||||
| Deputy Dir, COLLECTIONS/ADMIN | 35.0 | 0.0 | $374,216 | $0 | $63,958 | Yes (X) | |||
| David Breslin | |||||||||
| Curator in Charge | 35.0 | 0.0 | Yes (X) | $387,912 | $0 | $46,624 | |||
| Jhaelen Hernandez Eli | |||||||||
| VP, Capital Projects | 35.0 | 0.0 | $361,778 | $0 | $61,448 | Yes (X) | |||
| Inka Drogemuller | |||||||||
| Dep Dir for Audience Engagemen | 35.0 | 0.0 | $369,108 | $0 | $46,726 | Yes (X) | |||
| Steven R Ryan | |||||||||
| Chief Technology Officer | 35.0 | 0.0 | Yes (X) | $344,638 | $0 | $65,692 | |||
| Rishi Agnani | |||||||||
| Interim CHRO to 9/4/23 | 35.0 | 0.0 | $314,085 | $0 | $69,473 | Yes (X) | |||
| H Sujin Kim | |||||||||
| Sr Assoc GC and Asst Sec | 35.0 | 0.0 | $277,835 | $0 | $32,107 | Yes (X) | |||
| Kerry Mullins | |||||||||
| Chief HR Officer From 9/5/23 | 35.0 | 0.0 | $139,700 | $0 | $22,248 | Yes (X) | |||
| Candace K Beinecke | |||||||||
| Elective Trustee & Co-Chair | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| Hamilton E James | |||||||||
| Elective Trustee & Co-Chair | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| Richard L Chilton Jr | |||||||||
| Elective Trustee & Vice Chair | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| Debra Black | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Samantha Boardman | |||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| James Breyer | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Ursula Burns | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Gerrard P Bushell | |||||||||
| Elective Trustee from 12/11/23 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Jordan Casteel | |||||||||
| Elective Trustee from 12/11/23 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Wellington Z Chen | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| N Anthony Coles | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Stephen M Cutler | |||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Robert Denning | |||||||||
| Elective Trustee from 2/7/24 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Blair Effron | |||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Mark Fisch | |||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Colvin W Grannum | |||||||||
| Elective Trustee to 10/3/23 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Jeffrey W Greenberg | |||||||||
| Elective Trustee to 12/31/23 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Amy Griffin | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Caroline Diamond Harrison | |||||||||
| Elective Trustee to 10/3/23 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| J Tomilson Hill | |||||||||
| Elective Trustee to 10/3/23 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Jeff Himmelman | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Yan Huo | |||||||||
| Elective Trustee from 12/11/23 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Michael ByungJu Kim | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Julia Koch | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Sacha Lainovic | |||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Aerin Lauder | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Janice YK Lee | |||||||||
| Elective Trustee from 5/9/24 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Pablo G Legorreta | |||||||||
| Elective Trustee from 12/11/23 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Amanda Davis Lister | |||||||||
| Elective Trustee from 2/27/24 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Philip F Maritz | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Catie Marron | |||||||||
| Elective Trustee to 8/28/23 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Bijan Mossavar-Rahmani | |||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Dasha Niarchos | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Gina Peterson | |||||||||
| Elective Trustee to 1/9/24 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Edward N Pick | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| John Pritzker | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Sir Paul Ruddock | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Alejandro Santo Domingo | |||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Karen Patton Seymour | |||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Andrew Solomon | |||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Jamie Singer Soros | |||||||||
| Elective Trustee from 2/27/24 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Beatrice Stern | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Steve Stoute | |||||||||
| Elective Trustee from 12/11/23 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Gaby Sulzberger | |||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Ann G Tenenbaum | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Merryl H Tisch | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Mathew M Wambua | |||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| David S Winter | |||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Dame Anna Wintour | |||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Eric Adams | |||||||||
| Ex-Officio Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Adrienne Adams | |||||||||
| Ex-Officio Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Brad Lander | |||||||||
| Ex-Officio Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Susan Donoghue | |||||||||
| Ex-Officio Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Laurie Cumbo | |||||||||
| Ex-Officio Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $12,718,837 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,773,619 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 499 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SKANSKA USA BUILDING INC | |||||
| 389 Interpace Parkway 5th Fl | PARSIPPANY | NJ | 07054 | Construction Manager | $7,400,940 |
| BEYER BLINDER BELLE ARCHITECTS | |||||
| 120 Broadway | NEW YORK | NY | 10271 | ARCHITECTURE SERVICE | $5,659,732 |
| ISLAND ACOUSTICS LLC | |||||
| 518 Johnson Avenue | BOHEMIA | NY | 11716 | Construction Manager | $4,310,836 |
| Atrium Staffing LLC | |||||
| 625 Liberty Ave Suite 200 | PITTSBURGH | PA | 15222 | TEMPORARY STAFFING | $2,859,160 |
| MASTERPIECE INTERNATIONAL | |||||
| 39 Broadway Suite 1410 | NEW YORK | NY | 10006 | ART SHIPPING | $2,552,876 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 61 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $26,156,001 | MembershipDuesAmt |
| Fundraising | $39,538,516 | FundraisingAmt |
| Government Grants | $28,004,199 | GovernmentGrantsAmt |
| All Other Contributions | $287,446,789 | AllOtherContributionsAmt |
| Noncash Contributions | $25,090,042 | NoncashContributionsAmt |
| Total Contributions | $381,145,505 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PROCEEDS FROM SALE OF ART | 900099 | $5,579,140 | $5,579,140 |
| EDUCATIONAL PRGMS, CONCERTS & LECTURES, DIGITAL | 532000 | $1,339,528 | $1,339,528 |
| CURATORIAL | 541900 | $1,007,466 | $1,007,466 |
| DEVELOPMENT PROGRAMMING | 900099 | $544,915 | $544,915 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,471,049 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $108,045,980 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $27,831,508 | UnrelatedBusinessRevenueAmt |
| Exclusion | $80,214,472 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,760 | TotalRevenueColumnAmt |
| Exclusion | $4,760 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,018,369,345 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $831,778,240 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $186,591,105 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $186,591,105 | TotalRevenueColumnAmt |
| Exclusion | $186,591,105 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $951,439 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $39,538,516 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $9,906,255 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$8,954,816 | TotalRevenueColumnAmt |
| Exclusion | -$8,954,816 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $46,100,853 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $41,429,512 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,671,341 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,600,199 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,071,142 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|---|
| RESTAURANT | 722511 | $6,962,678 | $6,962,678 | ||
| PARKING GARAGE | 812930 | $3,374,585 | $3,374,585 | ||
| OTHER | 900099 | $7,289,632 | $5,901,260 | $1,388,372 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $17,626,895 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $697,601,819 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $17,972,508 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $30,291,022 | UnrelatedBusinessRevenueAmt |
| Exclusion | $268,192,784 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,708,151 | TotalAmt |
| Program Services | $2,708,151 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,083 | TotalAmt |
| Program Services | $42,083 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,718,837 | TotalAmt |
| Program Services | $3,132,663 | ProgramServicesAmt |
| Management And General | $8,625,010 | ManagementAndGeneralAmt |
| Fundraising | $961,164 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $149,104,126 | TotalAmt |
| Program Services | $77,275,671 | ProgramServicesAmt |
| Management And General | $62,177,591 | ManagementAndGeneralAmt |
| Fundraising | $9,650,864 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,008,831 | TotalAmt |
| Program Services | $1,484,919 | ProgramServicesAmt |
| Management And General | $1,317,348 | ManagementAndGeneralAmt |
| Fundraising | $206,564 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,904,917 | TotalAmt |
| Program Services | $24,982,300 | ProgramServicesAmt |
| Management And General | $25,492,088 | ManagementAndGeneralAmt |
| Fundraising | $3,430,529 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,434,753 | TotalAmt |
| Program Services | $5,643,282 | ProgramServicesAmt |
| Management And General | $5,006,447 | ManagementAndGeneralAmt |
| Fundraising | $785,024 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,158,994 | TotalAmt |
| Program Services | $92,887 | ProgramServicesAmt |
| Management And General | $2,059,962 | ManagementAndGeneralAmt |
| Fundraising | $6,145 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $848,668 | TotalAmt |
| Management And General | $848,668 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,700 | TotalAmt |
| Fundraising | $84,700 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,855 | TotalAmt |
| Fundraising | $79,855 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,843,449 | TotalAmt |
| Management And General | $27,843,449 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,498,887 | TotalAmt |
| Program Services | $15,137,244 | ProgramServicesAmt |
| Management And General | $4,702,419 | ManagementAndGeneralAmt |
| Fundraising | $659,224 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,161,426 | TotalAmt |
| Program Services | $537,960 | ProgramServicesAmt |
| Management And General | $4,512,386 | ManagementAndGeneralAmt |
| Fundraising | $3,111,080 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,201,601 | TotalAmt |
| Program Services | $21,261,320 | ProgramServicesAmt |
| Management And General | $1,438,038 | ManagementAndGeneralAmt |
| Fundraising | $1,502,243 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,011,218 | TotalAmt |
| Program Services | $4,625,341 | ProgramServicesAmt |
| Management And General | $963,912 | ManagementAndGeneralAmt |
| Fundraising | $421,965 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,310,808 | TotalAmt |
| Program Services | $3,197,905 | ProgramServicesAmt |
| Management And General | $112,663 | ManagementAndGeneralAmt |
| Fundraising | $240 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,649,452 | TotalAmt |
| Program Services | $2,753,509 | ProgramServicesAmt |
| Management And General | $472,230 | ManagementAndGeneralAmt |
| Fundraising | $423,713 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $508,630 | TotalAmt |
| Program Services | $297,615 | ProgramServicesAmt |
| Management And General | $125,231 | ManagementAndGeneralAmt |
| Fundraising | $85,784 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,869,323 | TotalAmt |
| Program Services | $10,638,329 | ProgramServicesAmt |
| Management And General | $3,048,120 | ManagementAndGeneralAmt |
| Fundraising | $182,874 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,892,243 | TotalAmt |
| Program Services | $45,924,441 | ProgramServicesAmt |
| Management And General | $4,816,075 | ManagementAndGeneralAmt |
| Fundraising | $151,727 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,977,036 | TotalAmt |
| Program Services | $1,956,184 | ProgramServicesAmt |
| Management And General | $1,020,792 | ManagementAndGeneralAmt |
| Fundraising | $60 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PURCHASES OF ART | $48,984,957 | $48,984,957 | ||
| REPAIRS & MAINTENANCE | $20,016,601 | $17,187,330 | $2,674,338 | $154,933 |
| CATERING SERVICES | $6,195,458 | $3,433,250 | $1,602,822 | $1,159,386 |
| RESTAURANT EXPENSE | $3,730,913 | $3,730,913 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $998,898 | TotalAmt |
| Program Services | $56,831 | ProgramServicesAmt |
| Management And General | $941,401 | ManagementAndGeneralAmt |
| Fundraising | $666 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $477,944,815 | TotalAmt |
| Program Services | $291,354,172 | ProgramServicesAmt |
| Management And General | $163,531,903 | ManagementAndGeneralAmt |
| Fundraising | $23,058,740 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,439,134 | BOYAmt |
| EOY | $29,313,620 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,422,535 | BOYAmt |
| EOY | $7,775,633 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $223,550,729 | BOYAmt |
| EOY | $275,783,277 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,390,308 | BOYAmt |
| EOY | $16,046,576 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,878,144 | BOYAmt |
| EOY | $7,609,623 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,357,307 | BOYAmt |
| EOY | $5,702,934 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,375,154,376 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $971,768,996 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $397,774,223 | BOYAmt |
| EOY | $403,385,380 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,226,827,605 | BOYAmt |
| EOY | $1,161,137,829 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,635,268,632 | BOYAmt |
| EOY | $4,064,873,594 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,964,535 | BOYAmt |
| EOY | $53,678,375 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,614,873,152 | BOYAmt |
| EOY | $6,025,306,841 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,562,642 | BOYAmt |
| EOY | $87,727,890 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,384,747 | BOYAmt |
| EOY | $11,634,906 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $144,377,019 | BOYAmt |
| EOY | $140,686,685 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,966,331 | BOYAmt |
| EOY | $24,304,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $247,858,017 | BOYAmt |
| EOY | $247,964,342 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $121,965,948 | BOYAmt |
| EOY | $132,889,887 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $617,114,704 | BOYAmt |
| EOY | $645,207,710 | 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 | $1,388,627,410 | BOYAmt |
| EOY | $1,501,803,218 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,609,131,038 | BOYAmt |
| EOY | $3,878,295,913 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,997,758,448 | BOYAmt |
| EOY | $5,380,099,131 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,614,873,152 | BOYAmt |
| EOY | $6,025,306,841 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $219,657,004 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $186,023,694 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$23,340,015 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
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 | $245,041,493 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $194,219,691 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $307,540,922 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $383,849,407 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $381,145,505 | CurrentTaxYearAmt |
| Total | $1,511,797,018 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,685,720 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,711,126 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,725,626 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,729,420 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,752,808 | CurrentTaxYearAmt |
| Total | $70,604,700 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $259,727,213 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $206,930,817 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $320,266,548 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $398,578,827 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $396,898,313 | CurrentTaxYearAmt |
| Total | $1,582,401,718 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,582,401,718 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $50,863,902 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36,502,901 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $33,295,493 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $63,998,311 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $80,219,232 | CurrentTaxYearAmt |
| Total | $264,879,839 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,847,281,557 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $293,015,653 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.85661 | PublicSupportCY170Pct |
| Public Support PY170 | 0.84612 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 | $17,501 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $310,400 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $327,901 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $528,952,681 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $529,280,582 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
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 | $381,179 | CurrentYearMinus3Amt |
| Current Year Minus2 | $282,146 | CurrentYearMinus2Amt |
| Current Year Minus1 | $312,920 | CurrentYearMinus1Amt |
| Current Year | $327,901 | CurrentYearAmt |
| Total | $1,304,146 | 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 |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $27,036 | CurrentYearMinus3Amt |
| Current Year Minus2 | $17,066 | CurrentYearMinus2Amt |
| Current Year Minus1 | $15,442 | CurrentYearMinus1Amt |
| Current Year | $17,501 | CurrentYearAmt |
| Total | $77,045 | TotalAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| 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 | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,223,596,638 | BeginningYearBalanceAmt |
| Contributions | $62,809,051 | ContributionsAmt |
| Investment Earnings Or Losses | $413,028,636 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,544,724 | GrantsOrScholarshipsAmt |
| Other Expenditures | $169,785,419 | OtherExpendituresAmt |
| Administrative Expenses | $7,999,097 | AdministrativeExpensesAmt |
| End Year Balance | $4,518,105,085 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,067,815,298 | BeginningYearBalanceAmt |
| Contributions | $77,109,788 | ContributionsAmt |
| Investment Earnings Or Losses | $246,424,611 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,338,634 | GrantsOrScholarshipsAmt |
| Other Expenditures | $157,162,763 | OtherExpendituresAmt |
| Administrative Expenses | $7,251,662 | AdministrativeExpensesAmt |
| End Year Balance | $4,223,596,638 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,348,589,376 | BeginningYearBalanceAmt |
| Contributions | $34,311,991 | ContributionsAmt |
| Investment Earnings Or Losses | -$174,720,844 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,368,476 | GrantsOrScholarshipsAmt |
| Other Expenditures | $131,177,365 | OtherExpendituresAmt |
| Administrative Expenses | $5,819,384 | AdministrativeExpensesAmt |
| End Year Balance | $4,067,815,298 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,261,957,741 | BeginningYearBalanceAmt |
| Contributions | $37,841,684 | ContributionsAmt |
| Investment Earnings Or Losses | $1,201,381,824 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,031,628 | GrantsOrScholarshipsAmt |
| Other Expenditures | $149,560,245 | OtherExpendituresAmt |
| End Year Balance | $4,348,589,376 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,256,389,064 | BeginningYearBalanceAmt |
| Contributions | $52,194,550 | ContributionsAmt |
| Investment Earnings Or Losses | $123,776,925 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,182,733 | GrantsOrScholarshipsAmt |
| Other Expenditures | $167,220,065 | OtherExpendituresAmt |
| End Year Balance | $3,261,957,741 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.28070 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.71930 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,015,000 | OtherCostOrOtherBasisAmt |
| Book Value | $1,015,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $42,995,789 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,697,005 | DepreciationAmt |
| Book Value | $9,298,784 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,265,317,036 | OtherCostOrOtherBasisAmt |
| Depreciation | $891,630,994 | DepreciationAmt |
| Book Value | $373,686,042 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $65,826,551 | OtherCostOrOtherBasisAmt |
| Depreciation | $46,440,997 | DepreciationAmt |
| Book Value | $19,385,554 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $403,385,380 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE EQUITY | $1,341,480,412 | F |
| REAL ASSETS | $483,785,307 | F |
| EQUITY FUNDS | $1,185,775,287 | F |
| HEDGE FUNDS | $931,443,448 | F |
| FUND OF HEDGE FUNDS | $122,389,140 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $4,064,873,594 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITY & SPLIT-INT OBLIGS. | $13,423,586 |
| PENSION AND OTHER ACCRUED RTRM | $102,906,959 |
| LEASE LIABILITY | $16,559,342 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $132,889,887 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $670,128,718 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $186,023,694 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $2,206,262 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $13,546,546 | OtherRevenueAmt |
| Revenue Not Reported | $201,776,502 | RevenueNotReportedAmt |
| Revenue Subtotal | $468,352,216 | RevenueSubtotalAmt |
| Other Revenues Not Included | $229,249,603 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $229,249,603 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $697,601,819 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $402,211,712 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $2,206,262 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $64,882,313 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $67,088,575 | ExpensesNotReportedAmt |
| Expenses Subtotal | $335,123,137 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $142,821,678 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $142,821,678 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $477,944,815 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART III, LINE 1A | SFAS 116 FOOTNOTE IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTIONS HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF ART OBJECTS ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PURCHASES OF ART OBJECTS BY THE MUSEUM ARE RECORDED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. PURSUANT TO STATE LAW AND MUSEUM POLICY, PROCEEDS FROM THE SALE OF ART AND RELATED INSURANCE SETTLEMENTS ARE RECORDED AS RESTRICTED NET ASSETS FOR THE ACQUISITION OF ART. |
| SCHEDULE D, PART III, LINE 4 | DESCRIPTION OF ORGANIZATION'S COLLECTIONS & FURTHERANCE OF EXEMPT PURPOSE THE MUSEUM'S WORLD-CLASS ART COLLECTION SPANS THE GLOBE AND RANGES IN DATE FROM ANCIENT TO CONTEMPORARY ART. IT OFFERS A SURVEY OF CONSIDERABLE BREADTH OF ART FROM THE ANCIENT CIVILIZATIONS OF ASIA, AFRICA, SOUTH AMERICA, THE PACIFIC ISLANDS, EGYPT, THE NEAR EAST, AND GREECE AND ROME TO THE PRESENT TIME. THE MUSEUM'S COLLECTIONS INCLUDE EUROPEAN PAINTINGS, MEDIEVAL ART AND ARCHITECTURE, ARMS AND ARMOR, PRINTS, PHOTOGRAPHS, DRAWINGS, COSTUMES, MUSICAL INSTRUMENTS, SCULPTURE, TEXTILES, AND DECORATIVE ARTS FROM THE RENAISSANCE TO THE PRESENT TIME, AS WELL AS ONE OF THE FOREMOST COLLECTIONS OF AMERICAN ART IN THE WORLD. THE MUSEUM ALSO MAINTAINS SOME OF THE MOST COMPREHENSIVE ART AND ARCHITECTURE LIBRARIES IN THE UNITED STATES. THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN. |
| SCHEDULE D, PART V, LINE 3A & 4 | INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: THE MUSEUM'S ENDOWMENT FUNDS ARE INTENDED TO SUPPORT EDUCATIONAL PROGRAMS, SCHOLARLY RESEARCH AND PUBLICATIONS, ACQUISITIONS OF WORKS OF ART, CONSERVATION OF WORKS OF ART, SPECIAL EXHIBITS OF INTEREST TO THE PUBLIC, MAINTENANCE AND EXPANSION OF GALLERIES, AND GENERAL OPERATING SUPPORT FOR MUSEUM EXPENSES. |
| SCHEDULE D, PART XI, LINE 1 | AUDITED FINANCIAL STATEMENTS INCLUDE $380,381,788 FROM OPERATING ACTIVITIES AND $289,746,930 FROM NON-OPERATING ACTIVITIES FOR REVENUE, GAINS AND OTHER SUPPORT. TOTAL PART XI, LINE 1 $670,128,718. |
| SCHEDULE D, PART XI, LINE 2D | RECONCILING ITEMS FOR REVENUE INCLUDE THE FOLLOWING: FEDERAL INDEMNIFICATION 1,980,813 UTILITIES PROVIDED BY THE CITY OF NEW YORK 11,565,733 ------------- TOTAL 13,546,546 |
| SCHEDULE D, PART XI, LINE 4B | RECONCILING ITEMS FOR REVENUE INCLUDE THE FOLLOWING: MANAGEMENT FEES AND OTHER INVESTMENT EXPENSES 27,500,840 EXCESS INVESTMENT RETURN 217,238,643 COST OF SALES (41,429,512) FUNDRAISING EVENTS (9,906,255) PROCEEDS FROM SALE OF ART 5,579,140 2015 BOND RETURNS 925,185 CORPORATE SPECIAL EVENTS 748,208 MUSEUM LOANS 761,846 PARTNERSHIP UBIT 27,831,508 -------------- TOTAL 229,249,603 |
| SCHEDULE D, PART XII, LINE 2D | RECONCILING ITEMS FOR EXPENSES INCLUDE THE FOLLOWING: COST OF SALES 41,429,512 FUNDRAISING EVENTS 9,906,255 FEDERAL INDEMNIFICATION 1,980,813 UTILITIES PROVIDED BY THE CITY OF NEW YORK 11,565,733 -------------- TOTAL 64,882,313 |
| SCHEDULE D, PART XII, LINE 4B | RECONCILING ITEMS FOR EXPENSES INCLUDE THE FOLLOWING: DEPRECIATION AND MISCELLANEOUS NON-CAPITAL EXPENSES 48,160,762 PURCHASES OF ART 48,984,957 MANAGEMENT FEES AND OTHER INVESTMENT INCOME 27,500,840 INVESTMENT EXPENSES ON THE SERIES 2015 BOND 342,609 CORPORATE SPECIAL EVENTS 748,208 MUSEUM LOANS 761,846 EFFECT OF INTEREST RATE SWAP 12,986,579 NET PERIODIC PENSION AND POST RETIREMENT BENEFIT COST 3,335,877 ------------- TOTAL 142,821,678 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (12 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 0 | 0 | Grantmaking | $42,083 | |
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | $6,754,915 | RESEARCH & EXHIBITIONS |
| Sub-Saharan Africa | 0 | 0 | Program Services | $27,238 | RESEARCH & EXHIBITIONS |
| East Asia and the Pacific | 0 | 0 | Program Services | $318,232 | RESEARCH & EXHIBITIONS |
| South Asia | 0 | 0 | Program Services | $29,619 | RESEARCH & EXHIBITIONS |
| South America | 0 | 0 | Program Services | $5,524 | RESEARCH & EXHIBITIONS |
| Middle East and North Africa | 0 | 0 | Program Services | $129,744 | RESEARCH & EXHIBITIONS |
| North America | 0 | 0 | Program Services | $330,621 | RESEARCH & EXHIBITIONS |
| Central America and the Caribbean | 0 | 0 | Program Services | $542 | RESEARCH & EXHIBITIONS |
| Central America and the Caribbean | 0 | 0 | Investments | $1,527,630,930 | |
| Europe (Including Iceland and Greenland) | 0 | 0 | Investments | $22,380,674 | |
| North America | 0 | 0 | Investments | $7,697,461 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $1,565,347,583 | SubtotalSpentAmt |
| Total Spent | $1,565,347,583 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | T. Rousseau Fellowship | TypeOfAssistanceTxt |
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Recipient | 1 | RecipientCnt |
| Cash Grant | $42,083 | CashGrantAmt |
| Description Of Non Cash Asst | N/A | DescriptionOfNonCashAsstTxt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING PROCEDURES - FORM 990, SCHEDULE F, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE MUSEUM AWARDS GRANTS, EDUCATIONAL TRAVEL STIPENDS, AND FELLOWSHIPS ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. A GRANTS COMMITTEE, COMPRISED OF MUSEUM CURATORS, CONSERVATORS, EDUCATORS, SCIENTISTS, AND LIBRARIANS MAKES SELECTIONS BASED UPON COMPETITIVE WRITTEN APPLICATIONS. THE PURPOSE OF THE GRANTS ARE TO PROVIDE AN OPPORTUNITY FOR THE GRANTEES TO CONDUCT RESEARCH, EXTEND THEIR PROFESSIONAL KNOWLEDGE, AND CONTRIBUTE TO THEIR RESPECTIVE FIELDS AT LARGE. TO THE BEST OF THE MUSEUM'S KNOWLEDGE NONE OF THE RECIPIENTS OF THE GRANTS OR FELLOWSHIPS ARE RELATED TO ANY PERSON SUCH AS A TRUSTEE, AN OFFICER, OR A KEY PERSON OF THE MUSEUM. EVERY GRANTEE IS ASSIGNED A SPECIFIC SUPERVISOR AT THE START OF THE GRANTEE'S FELLOWSHIP PERIOD. THE SUPERVISOR IS EITHER A CURATOR, CONSERVATOR, OR SCIENTIST FROM THE DEPARTMENT HOSTING THE INDIVIDUAL GRANTEE. THE GRANTEE AND SUPERVISOR ARE IN CONTACT THROUGHOUT THE YEAR AND DISCUSS ALL OF THE DETAILS OF THE GRANTEE'S RESEARCH WORK. IN ADDITION, THE ACADEMIC AND PROFESSIONAL PROGRAMS OFFICE, WHICH IS RESPONSIBLE FOR ALL OF THE FELLOWS, REQUIRES PERIODIC UPDATES ON THE GRANTEE'S RESEARCH. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|
| SDA Teleservices | ||||
| TELE- MARKETING | false | $45,850 | $19,899 | $45,850 |
| NGK Global | ||||
| Consultants | false | $200,000 | $60,000 | $200,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $245,850 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $79,899 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $245,850 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | COSTUME INSTITU | Event1Nm |
| Gross Receipts Event1 | $26,078,847 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $25,958,559 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $120,288 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $368,730 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $1,365,576 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $4,701,708 | OtherDirectExpensesEvent1Amt |
| Event2 | ARTS & ARTISTS | Event2Nm |
| Gross Receipts Event2 | $4,514,283 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $4,402,185 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $112,098 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $238,983 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $602,184 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 10 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $9,896,825 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $9,177,772 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $719,053 | GrossRevenueOtherEventsAmt |
| Food And Beverage Other Events | $888,135 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $70,890 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $1,670,049 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $40,489,955 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $39,538,516 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $951,439 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $1,495,848 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $1,436,466 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $6,973,941 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $9,906,255 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$8,954,816 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE G, PART II, LINE 11 AND FORM 990, PART VIII, LINE 8 | FormAndLineReferenceDesc |
| Explanation | NOTE THE $8,954,816 LOSS PRESENTED ABOVE DOES NOT INCLUDE THE $39,538,516 OF CONTRIBUTIONS WHICH RESULTED IN A NET GAIN FROM THESE EVENTS OF APPROXIMATELY $30.1 MILLION. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (23 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| The Bothmer Fellowship | 1 | $49,000 | N/A | N/A |
| Sylvan C. and Pam Coleman Memorial Fellowship | 4 | $196,167 | N/A | N/A |
| Chester Dale Fellowship | 2 | $121,333 | N/A | N/A |
| Annette de la Renta Fellowship | 1 | $8,010 | N/A | N/A |
| The Douglass Foundation Fellowship | 2 | $42,083 | N/A | N/A |
| Andrew W. Mellon Art History Fellowship | 8 | $335,832 | N/A | N/A |
| Andrew W. Mellon Conservation Fellowship | 5 | $266,167 | N/A | N/A |
| Research Scholarship in Photograph Conservation Fe | 1 | $59,000 | N/A | N/A |
| J.Clawson Mills Fellowship | 3 | $151,500 | N/A | N/A |
| Slifka Foundation Fellowship | 1 | $48,333 | N/A | N/A |
| Jane and Morgan Whitney Fellowship | 5 | $237,334 | N/A | N/A |
| Mellon Supplemental Fellowship Funds | 42 | $381,647 | N/A | N/A |
| Gerald and May Ritter Memorial Fund Fellowship | 1 | $54,417 | N/A | N/A |
| Vilcek Art History Fellowship | 1 | $40,833 | N/A | N/A |
| Stern Fellowship | 1 | $50,667 | N/A | N/A |
| Diamonstein Speilvogel Fellowship | 3 | $144,500 | N/A | N/A |
| Leonard A. Lauder Postdoctoral Fellowship | 5 | $278,000 | N/A | N/A |
| Leonard A. Lauder Predoctoral Fellowship | 2 | $60,000 | N/A | N/A |
| Leonard A. Lauder Distinguished Scholar | 1 | $56,259 | N/A | N/A |
| Leonard A. Lauder Publications | 1 | $9,152 | N/A | N/A |
| Hanns Swarzenski and Brigitte Horney Fellowship | 1 | $42,083 | N/A | N/A |
| Sherman Fairchild Foundation Fellowship | 2 | $40,833 | N/A | N/A |
| Kress Interpretive Fellowship | 1 | $35,000 | N/A | N/A |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING PROCEDURES - FORM 990, SCHEDULE I, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE MUSEUM AWARDS GRANTS, EDUCATIONAL TRAVEL STIPENDS AND FELLOWSHIPS ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. A GRANTS COMMITTEE, COMPRISED OF MUSEUM CURATORS, CONSERVATORS, EDUCATORS, SCIENTISTS AND LIBRARIANS, MAKE SELECTIONS BASED UPON COMPETITIVE WRITTEN APPLICATIONS. THE PURPOSE OF THE GRANTS IS TO PROVIDE AN OPPORTUNITY FOR THE GRANTEES TO CONDUCT RESEARCH, EXTEND THEIR PROFESSIONAL KNOWLEDGE AND CONTRIBUTE TO THEIR RESPECTIVE FIELDS AT LARGE. TO THE BEST OF THE MUSEUM'S KNOWLEDGE, NONE OF THE RECIPIENTS OF THE GRANTS OR FELLOWSHIPS ARE RELATED TO ANY PERSON SUCH AS A TRUSTEE, AN OFFICER, OR A KEY EMPLOYEE OF THE MUSEUM. EVERY GRANTEE IS ASSIGNED A SPECIFIC SUPERVISOR AT THE START OF THE GRANTEE'S FELLOWSHIP PERIOD. THE SUPERVISOR IS EITHER A CURATOR, CONSERVATOR OR SCIENTIST FROM THE DEPARTMENT HOSTING THE INDIVIDUAL GRANTEE. THE GRANTEE AND SUPERVISOR ARE IN CONTACT THROUGHOUT THE YEAR AND DISCUSS ALL OF THE DETAILS OF THE GRANTEES' RESEARCH WORK. IN ADDITION, THE ACADEMIC AND PROFESSIONAL PROGRAMS OFFICE WHICH IS RESPONSIBLE FOR ALL OF THE FELLOWS REQUIRES PERIODIC UPDATES ON THE GRANTEES' RESEARCH. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Daniel H Weiss | ||||||||||||||
| President and CEO to 6/30/23 | $796,911 | $0 | $250,000 | $0 | $2,174,650 | $0 | $46,069 | $0 | $12,983 | $0 | $3,280,613 | $0 | $0 | $0 |
| Lauren A Meserve | ||||||||||||||
| SVP & CHIEF INVESTMENT OFFICER | $710,204 | $0 | $788,769 | $0 | $2,622 | $0 | $483,882 | $0 | $11,079 | $0 | $1,996,556 | $0 | $350,956 | $0 |
| Max Hollein | ||||||||||||||
| Director & CEO from 7/1/23 | $1,209,788 | $0 | $0 | $0 | $392,622 | $0 | $36,390 | $0 | $25,926 | $0 | $1,664,726 | $0 | $0 | $0 |
| Lawrence Choi | ||||||||||||||
| Senior Investment Officer | $476,739 | $0 | $304,016 | $0 | $891 | $0 | $339,515 | $0 | $25,626 | $0 | $1,146,787 | $0 | $0 | $0 |
| Jameson Kelleher | ||||||||||||||
| COO, CFO and Treasurer | $647,809 | $0 | $0 | $0 | $116,231 | $0 | $46,069 | $0 | $11,911 | $0 | $822,020 | $0 | $0 | $0 |
| Whitney Donhauser | ||||||||||||||
| Dep Dir & Chf Advancement Off | $556,282 | $0 | $10,000 | $0 | $3,423 | $0 | $36,390 | $0 | $24,297 | $0 | $630,392 | $0 | $0 | $0 |
| Sharon H Cott | ||||||||||||||
| SVP, SECRETARY & GEN. COUNSEL | $497,569 | $0 | $0 | $0 | $7,524 | $0 | $46,069 | $0 | $25,409 | $0 | $576,571 | $0 | $0 | $0 |
| Stephen Martin Mannello | ||||||||||||||
| Head of Retail & Global Licens | $408,960 | $0 | $0 | $0 | $4,079 | $0 | $34,799 | $0 | $25,543 | $0 | $473,381 | $0 | $0 | $0 |
| Quincy Houghton | ||||||||||||||
| Dep Dir for Exh & Int'l Initia | $392,993 | $0 | $0 | $0 | $6,024 | $0 | $46,069 | $0 | $25,472 | $0 | $470,558 | $0 | $0 | $0 |
| Kenneth Weine | ||||||||||||||
| SVP & CHIEF COMMS OFF TO 12/31 | $387,569 | $0 | $0 | $0 | $3,890 | $0 | $36,390 | $0 | $25,455 | $0 | $453,304 | $0 | $0 | $0 |
| Andrea Bayer | ||||||||||||||
| Deputy Dir, COLLECTIONS/ADMIN | $364,765 | $0 | $0 | $0 | $9,451 | $0 | $38,824 | $0 | $25,134 | $0 | $438,174 | $0 | $0 | $0 |
| David Breslin | ||||||||||||||
| Curator in Charge | $327,232 | $0 | $60,000 | $0 | $680 | $0 | $36,390 | $0 | $10,234 | $0 | $434,536 | $0 | $0 | $0 |
| Jhaelen Hernandez Eli | ||||||||||||||
| VP, Capital Projects | $360,947 | $0 | $0 | $0 | $831 | $0 | $36,390 | $0 | $25,058 | $0 | $423,226 | $0 | $0 | $0 |
| Inka Drogemuller | ||||||||||||||
| Dep Dir for Audience Engagemen | $367,187 | $0 | $0 | $0 | $1,921 | $0 | $36,169 | $0 | $10,557 | $0 | $415,834 | $0 | $0 | $0 |
| Steven R Ryan | ||||||||||||||
| Chief Technology Officer | $339,460 | $0 | $0 | $0 | $5,178 | $0 | $40,477 | $0 | $25,215 | $0 | $410,330 | $0 | $0 | $0 |
| Rishi Agnani | ||||||||||||||
| Interim CHRO to 9/4/23 | $280,844 | $0 | $0 | $0 | $33,241 | $0 | $44,817 | $0 | $24,656 | $0 | $383,558 | $0 | $0 | $0 |
| H Sujin Kim | ||||||||||||||
| Sr Assoc GC and Asst Sec | $275,228 | $0 | $0 | $0 | $2,607 | $0 | $30,716 | $0 | $1,391 | $0 | $309,942 | $0 | $0 | $0 |
| Kerry Mullins | ||||||||||||||
| Chief HR Officer From 9/5/23 | $114,551 | $0 | $25,000 | $0 | $149 | $0 | $15,785 | $0 | $6,463 | $0 | $161,948 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 1A | FIRST CLASS TRAVEL - FOR CALENDAR YEAR 2023, THE MUSEUM'S DEPUTY DIRECTOR FOR EXHIBITIONS AND INTERNATIONAL INITIATIVES FLEW FIRST CLASS INTERNATIONALLY ON AN EXCEPTIONAL BASIS WHERE THE AIRLINE DID NOT OFFER BUSINESS CLASS FOR ONE FLIGHT LEG AND THE COST OF A FULL UPGRADE WAS LESS EXPENSIVE THAN OTHER COMPARABLE OPTIONS. THIS TRAVEL WAS NOT TREATED AS TAXABLE COMPENSATION. PERSONAL HOUSING - FOR CALENDAR YEAR 2023, THE MUSEUM PROVIDED A HOUSING ALLOWANCE TO THE PRESIDENT AND CHIEF EXECUTIVE OFFICER, DANIEL WEISS AND TO THE DIRECTOR, MAX HOLLEIN. THESE ALLOWANCES WERE TREATED AS TAXABLE COMPENSATION. |
| SCHEDULE J, PART I, LINE 4A | IN CALENDAR YEAR 2023, DANIEL WEISS RECEIVED A RETIREMENT PAYMENT OF $1,721,242. |
| SCHEDULE J, PART I, LINE 4B | THE FOLLOWING PERSONS PARTICIPATED IN, RECEIVED CREDITS TO, OR RECEIVED PAYMENTS FROM A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN IN CALENDAR YEAR 2023: DANIEL WEISS - $79,176 MAX HOLLEIN - $140,000 JAMESON KELLEHER - $114,521 |
| SCHEDULE J, PART I, LINE 7 | PURSUANT TO THE MUSEUM'S INCENTIVE COMPENSATION PLAN FOR INVESTMENT STAFF, SENIOR VICE PRESIDENT AND CHIEF INVESTMENT OFFICER, LAUREN MESERVE, RECEIVED A BONUS PAYMENT OF $788,769, AND SENIOR INVESTMENT OFFICER, LAWRENCE CHOI, RECEIVED A BONUS PAYMENT OF 304,016, WHICH ARE INCLUDED IN SCHEDULE J, PART II COLUMN B. |
| SCHEDULE J, PART II, COLUMN (C) | COLUMN (C) INCLUDES DEFERRED COMPENSATION AS FOLLOWS: A BONUS PAYMENT FOR LAUREN MESERVE OF $437,813 AND A BONUS PAYMENT FOR LAWRENCE CHOI OF 303,125. THIS DEFERRED COMPENSATION MAY BE FORFEITED IF THE RECIPIENT LEAVES THE MUSEUM'S EMPLOYMENT BEFORE IT IS PAID. THE EXACT AMOUNT IS SUBJECT TO ADJUSTMENT BASED ON THE PERFORMANCE OF THE ENDOWMENT FUND. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY | ||||||||
| A | 911882413 | 649717NP6 | 2006-12-01 | $65,000,000 | PARTIAL FUNDING OF CAPITAL PROJECT | false | false | false |
| Trust for Cultural Resources of the City of NY | ||||||||
| B | 911882413 | 649717NQ4 | 2006-12-01 | $65,000,000 | PARTIAL FUNDING OF CAPITAL PROJECT | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $65,000,000 | $0 | $0 | $0 | $795,690 | $0 | $0 | $64,204,310 | $0 | $0 | false | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $65,000,000 | $0 | $0 | $0 | $795,690 | $0 | $0 | $64,204,310 | $0 | $0 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | Yes (true) | false | 0 | false | false | false | Yes (true) |
| B | false | false | Yes (true) | Yes (true) | false | 0 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Exception To RebateExceptionToRebateInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||
| A | false | Yes (true) | Yes (true) | false | false | 0 | false | Yes (true) |
| 0 | ||||||||
| B | false | Yes (true) | Yes (true) | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule K, Part III. Lines 4-6, Private Business and Unrelated Use | FormAndLineReferenceDesc |
| Explanation | THE MUSEUM PERFORMS A DETAILED PRIVATE BUSINESS AND UNRELATED USE CALCULATION. THE MUSEUM CALCULATED ITS PRIVATE BUSINESS AND UNRELATED USE FOR THE FISCAL YEAR ENDED JUNE 30, 2024 TO BE NEARLY 0% IN TAX EXEMPT BOND-FINANCED SPACE. THIS ANALYSIS EXCLUDES COST OF ISSUANCE. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 179 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp |
Art Fractional Interest ArtFractionalInterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 10 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 124 | ContributionCnt |
| Noncash Contributions Rpt F990 | $22,181,564 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MKT VALUE- GIFT DATE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | NYPA Lighting | 1 | $2,206,262 | 0 |
| Yes (X) | Musical Instrument (non art) | 1 | $315,000 | 0 |
| Yes (X) | Permissions | 1 | $240,000 | 0 |
| Yes (X) | Software | 1 | $147,216 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 52 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE M, PART I, COLUMN (B) | THE AMOUNTS SHOWN IN PART I, COLUMN (B) FOR "NUMBER OF CONTRIBUTIONS" REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS AND NOT NECESSARILY THE TOTAL NUMBER OF ITEMS CONTRIBUTED. |
| USE OF THIRD PARTIES - FORM 990, SCHEDULE M, PART I, LINE 32B | The Museum may, from time to time, sell art works acquired as non-cash contributions through third parties such as public auction houses, private dealers, or individuals. In each case, the Museum enters into a contract or agreement with the third party conducting or participating in the sale and adheres to its own published policy regarding such sales as well as applicable IRS laws and standards of accounting. |
| NON-REVENUE CONTRIBUTIONS - FORM 990, SCHEDULE M, PART I, LINE 33 | In accordance with FASB's SFAS 116, the Museum does not treat donations of property of the types described in Part I of Schedule M as revenue or capitalize its collections because they are used to support its non-profit educational mission, and, should the property be sold, generally, proceeds from such sale would be used solely to acquire other items for the collection. These accounting standards are also endorsed by the American Alliance of Museums and the Association of Art Museum Directors (AAMD), of which organizations the Museum is a member. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III - PROGRAM SERVICES | The Metropolitan Museum of Art was founded on April 13, 1870, with a statement of purpose that has guided it for over 150 years: "to be located in the City of New York, for the purpose of establishing and maintaining in said city a Museum and library of art, of encouraging and developing the study of the fine arts, and the application of arts to manufacture and practical life, of advancing the general knowledge of kindred subjects, and, to that end, of furnishing popular instruction." The Met is devoted to a universal collection of art in the service of the public. During the 2022 strategic-planning process, the need for an updated, more inclusive and welcoming mission statement with a more tightly articulated expression of that purpose became apparent. To that end, on May 10, 2022, the Trustees of The Metropolitan Museum of Art reaffirmed the above statement of purpose and supplemented it with the following statement of mission: "The Metropolitan Museum of Art collects, studies, conserves, and presents significant works of art across time and cultures in order to connect all people to creativity, knowledge, ideas, and one another." In this context, we recognize that our position as one of just a few universal art museums brings both renown and great responsibilities, especially in a period when the public looks to us for meaning and inspiration. Our achievements in fiscal year 2024 underscored not only our commitment to fulfilling these responsibilities but to doing so in an exemplary and visionary way, as a leading global arts institution like The Met must. In fiscal year 2024, attendance continued to rebound following the pandemic, reaching 5.5 million visitors during a year in which our groundbreaking programming resonated with increasingly diverse audiences. We also affirmed our commitment to the collection and to unparalleled scholarship across all our fields; reopened our suite of galleries dedicated to European paintings from 1300 to 1800 as well as debuted the 81st Street Studio, our discovery and place space for kids ages 3 to 11; made progress on a range of other major transformative capital projects; and invested even more in the visitor experience, with an eye toward creating additional new ways and spaces in which to present our world-class collection to the enrichment and enjoyment of our millions of visitors, all while maintaining a sound, sustainable approach to our finances, operations, and facilities. ON-SITE ATTENDANCE In fiscal year 2024, the Museum's attendance continues to rebound following the pandemic, and in fiscal year 2024 we welcomed more than 5.5 million visitors to our two locations - The Met Fifth Avenue and The Met Cloisters. The number of domestic out-of-state visitors reached pre-pandemic levels this year and the number of local New York City visitors exceeded pre-pandemic figures, a 102 percent recovery compared to 2019. BIPOC visitors accounted for a record-high 56 percent of The Met's visitors from the United States, a figure bolstered by a diverse and robust suite of programs and exhibitions. The Thomas J. Watson Library saw 13,615 visits by outside researchers in fiscal year 2024 and registered 2,614 new outside researchers. The Museum libraries circulated 64,590 items to readers and continued to digitize rare collection materials, both printed and manuscript, and to make them available online, averaging 179,148 hits per month. Community outreach is an important part of the Museum's engagement with its audience, and one of the goals of the Government Affairs department is to welcome individuals who may not have traditionally seen themselves reflected at The Met, offering them unique opportunities to explore the galleries, engage with art, and connect with our collection on Wednesdays, when the Museum is closed to the public. The Museum also serves as a polling site for the local community. In fiscal year 2024, through the Community Wednesday initiative, we welcomed over 3,400 individuals from diverse New York City communities. Groups welcomed this year included students, veterans, older adults, families from Harlem and the Bronx, migrant families, and individuals from all five boroughs. COLLECTION AND ACQUISITIONS The Met collection is the heart of the Museum, informing all of our programming. Its depth and diversity make it possible to tell the widest range of stories and engage ever more meaningfully with our audience. In fiscal year 2024, we made several notable additions to the collection, including: For the Department of Asian Art, a rare wooden sculpture from medieval Japan that is an image of the compassionate Buddhist deity Jizo; also for Asian Art, a Japanese robe (kosode) with flower roundels from round the 1660s; one of the finest surviving examples of Italian Renaissance leatherworking - a large, bowl-shaped, lidded box from Northern Italy from about 1490 - for the Department of European Sculpture and Decorative Arts; for the Department of European Paintings, an 1841 oil painting by Johann Friedrich Overbeck (1789-1869), a leader of the Nazarenes, of a biblical scene, The Banishment of Hagar; for the American Wing, dazzling, monumental silver candelabra created at Tiffany & Co. in 1884 under the direction of Edward C. Moore (1827-1891); for the Department of Drawings and Paintings, one of the most important works created by the French-American artist Louise Bourgeois (1911-2010) consisting of nine prints and parables made at a key moment in her career; and for the Department of Modern and Contemporary Art, an ambitious, immersive multimedia work by the Swiss-born artist Pipilotti Rist comprised of video artworks and objects, Neighbors Without Fences, from 2023. THE MET COLLECTION AND CULTURAL PROPERTY The Met has a vast and ever-evolving collection of more than 1.5 million objects that have been acquired throughout our 153-year history. The collection spans more than 5,000 years of art history from around the globe - from ancient to contemporary times-making The Met a truly universal museum. As a preeminent voice in the global art community at a time when collecting practices and policies are evolving and require continual responsiveness, it is incumbent upon The Met to engage intensively and proactively in examining certain areas of our collection and to increase the resources we dedicate to this ongoing crucial work. Last year, in May 2023, we announced a suite of initiatives related to cultural property and collecting practices, including: broaden, expedite, and intensify our research into all works that came to the Museum from art collectors and dealers who have been under investigation; hire a head of provenance research, reporting to the Director's Office, who will coordinate ongoing provenance research activities in all curatorial areas, along with three additional provenance researchers; and make an expanded contribution to the public discourse on cultural property, including convening thought leaders, advocates, and opinion makers in the area of cultural property both within the Museum and outside. In fiscal year 2024, we made significant progress in a number of these areas. We appointed a Head of Provenance; the establishment of this role and additional research positions build on our many decades of extensive provenance research and information sharing across numerous areas, and we now have the largest provenance research team of any museum in the world. Following the launch of our cultural property initiatives, this year, in April 2024, the Museum initiated the transfer of ownership of a third-millennium BCE Sumerian sculpture to the Republic of Iraq, after provenance research by Met scholars established that the work rightfully belongs to Iraq. In February 2024, with the Ministry of Culture of the Government of India, we signed a Memorandum of Understanding outlining future cooperation on educational initiatives, exhibitions, and exchanges of scholarship and expertise, building on a decades-long partnership that has yielded many important collaborations, most recently this year's Tree and Serpent: Early Buddhist Art in India, 200 BCE-400 CE. Other agreements during fiscal year 2024 included the transfer of ownership of two stone sculptures to the Republic of Yemen following provenance research conducted by Met scholars; Yemen asked for the works to remain in our custody for safe keeping and are now on view. An ongoing engagement with the Nepalese government led to a decision to return a 13th-century wooden temple strut and stone stele of a Vishnu triad, and in December 2023, The Met initiated the repatriation of 14 sculptures to the Kingdom of Cambodia and two to the Kingdom of Thailand. The return of the sculptures to Thailand was followed in April 2024 with a signed Memorandum of Understanding between the Kingdom of Thailand and The Met for-malizing a shared commitment to collaborate on exchanges of art, expertise, and the display and study of Thai art. |
| FORM 990, PART III - PROGRAM SERVICES | As part of a commitment to transparency, we also launched object webpages for all restituted works of art, specifying that the object has been returned and to what country. The Museum has also embraced a New York State law passed in August 2022 that requires museums to publicly identify any artworks in their collection that changed hands in Europe during the Nazi era (1933-1945) due to involuntary means, with more than 50 updated object labels now installed. Additionally, The Met continued its "Cultural Heritage Now" convening series that began in spring 2023 with two programs. EXHIBITIONS AND PUBLICATIONS In fiscal year 2024, the Museum's exhibitions team mounted 36 exhibitions and installations. Groundbreaking major commissions and fresh explorations of historically important artists shared the lineup with innovative and thematic presentations to make new connections in art across time periods, from ancient to modern. The following exhibitions were among the highlights in fiscal year 2024: Grounded in Clay: The Spirit of Pueblo Pottery; Tree and Serpent: Early Buddhist Art in India, 200 BCE-400 CE; Art for the Millions: American Culture and Politics in the 1930s; The Facade Commission: Nairy Baghramian, Scratching the Back; New Acquisitions in Context: Selections from the Department of Drawings and Prints; Picasso: A Cubist Commission in Brooklyn; Manet/Degas; The Great Hall Commission: Jacolby Satterwhite, A Metta Prayer; Vertigo of Color: Matisse, Derain, and the Origins of Fauvism; Proof: Maxime Du Camp's Photographs of the Eastern Mediterranean and North Africa; Lineages: Korean Art at The Met; Africa & Byzantium; British Vision, 1700-1900: Selections from the Department of Drawings and Prints; Women Dressing Women; Don't Forget to Call Your Mother. Cycladic Art: The Leonard N. Stern Collection on Loan from the Hellenic Republic; Afterlives: Contemporary Art in the Byzantine Crypt; Vision and Verse: The Poetry of Chinese Painting; Celebrating the Year of the Dragon; Indian Skies: The Howard Hodgkin Collection of Indian Court Painting; The Harlem Renaissance and Transatlantic Modernism; Weaving Abstraction in Ancient and Modern Art; The Art of the Literary Poster: Works from the Leonard A. Lauder Collection; The Real Thing: Unpackaging Product Photography; The Roof Garden Commission: Petrit Halilaj, Abetare; Sleeping Beauties: Reawakening Fashion; Collecting Inspiration: Edward C. Moore at Tiffany & Co.; Human/Nature: Selections from the Department of Drawings and Prints; Layered Narratives: The Northern Renaissance Gallery; Look Again: European Paintings 1300-1800; and The Calculated Curve: Eighteenth-Century American Furniture. The Shape of Time: Art and Ancestors of Oceania from The Metropolitan Museum of Art traveled to the National Museum of Qatar (October 16, 2023-January 15, 2024), and Irving Penn to the Fine Arts Museums of San Francisco, de Young (March 16, 2024-July 21, 2024). The Publications and Editorial Department produced 20 new titles and 9 reprints, displaying a remarkable breadth of topics and formats. Among these were the highly acclaimed exhibition catalogues Manet/Degas and The Harlem Renaissance and Transatlantic Modernism, both of which went into second printings; two publications for the Costume Institute, including Sleeping Beauties: Reawakening Fashion; along with the exhibition catalogues Tree and Serpent: Early Buddhist Art in India; Africa and Byzantium; and Art for the Millions: American Culture and Politics in the 1930s. Other notable publications include How to Read Portraits and The Art of the Literary Poster, as well as the annual Metropolitan Museum Journal and four issues of the Bulletin. The catalogue Lives of the Gods: Divinity in Maya Art won the prestigious Alfred H. Barr Jr. Award, while two others, Cubism and the Trompe l'Oeil Tradition and Juan de Pareja, were shortlisted, meaning that The Met accounted for three of the five finalists this year. Eleven titles were licensed for publication in other languages, including Chinese, French, German, Kazakh, Korean, and Spanish, further expanding the global reach of Met scholarship. In addition, the department managed more than 100 editorial interpretation projects for the galleries - including exhibitions, reinstallations, and capital projects - editing over 5,000 object labels and nearly 300 wall texts; gallery texts in major exhibitions earned high visitor satisfaction scores, and their quality was specifically highlighted in many reviews. The online platform MetPublications, which continues to be an essential resource for students and scholars with 700,000 global visitors annually, was significantly redesigned and upgraded in collaboration with Digital. EDUCATION In fiscal year 2024, the Museum's Education Department reaffirmed its commitment to engaging with communities and audiences of all ages and abilities through a broad range of diverse and innovative programming, presenting 29 percent more events than last year. A total of 460,487 visitors - a 16 percent increase over fiscal year 2023 - attended 22,656 on-site events at both The Met Fifth Avenue and The Met Cloisters, while 50,548 worldwide engaged virtually in hybrid events, including 90 that were exclusively online. Engaging with and developing and deepening authentic, sustainable relationships with a broad range of communities and organizations has long been a priority for The Met. This year, Education collaborated with over 170 organizations through a longstanding, multipronged approach that includes site visits, programs at community organizations, tabling at community events, hosting visits to The Met, and collaborating on program creation, followed by further engagement in the community. As part of a partnership with the Greater Harlem Chamber of Commerce, we hosted a community preview of The Harlem Renaissance and Transatlantic Modernism exhibition for more than 50 Harlem-based arts organizations and continued our engagement beyond the show's closing by participating in their Harlem Week activities. Community-focused initiatives included bilingual and Spanish-language talks and tours both at The Met and in Harlem; Spanish-language tours of the exhibition Weaving Abstraction in Ancient and Modern Art for organizations serving indigenous and immigrant audiences; and off-site community activations through the Civic Practice Partnership Artist Residency, which supports artists to connect collaborative social justice-oriented art projects with New York City communities. This year, our 2020-23 artist in residence Toshi Reagon returned to The Met to conclude her residency with Meaning and Memory - A Sonic Song Cycle through the Rooms, a sound and movement procession exploring the aural properties of several Museum spaces. Artists in residence for 2023-25-Brooklyn Hi-Art! Machine, Alethea Pace, and OlaRonke Akinmowo - participated in the fall MetFest celebration, among other audience engagements at The Met and in their respective communities. We also presented opportunities for connection through large-scale events such as the biannual MetFest block party, annual Lunar New Year Festival, free Museum Mile Festival, and Garden Festival at The Met Cloisters that drew than 57,000 people of all ages and abilities. Our efforts to foster wellness and reduce isolation among New York City's older adults continued through the monthly distribution of new thematic Your Met Art Box packages to over 700 senior recipients across all five boroughs in partnership with NYC Department for the Aging and 47 Older Adult Centers citywide. Our long-standing collaboration with the Filomen M. D'Agostino Greenberg Music School for people of all ages with vision loss included holiday caroling and art discussions and culminated with the 23rd Fil at The Met Concert: Making Waves in Grace Rainey Rogers Auditorium, where an audience of almost 400 enjoyed music and soundscapes inspired by The Met collection. At The Met Cloisters, programming initiatives focused on deepening engagement in the local community, engaging families and NYC K-12 students and teachers, among others, by delivering more than 400 public programs and tours (a 30 percent increase over fiscal year 2023) and a wider range of offerings, including the first annual Cloisters Student Art Show, sold-out monthly studio workshops, weekly Met Expert Talks and Storytime, and daily gallery and garden tours to connect visitors to medieval art and architecture. |
| FORM 990, PART III - PROGRAM SERVICES | This year's interdisciplinary programs included talks, panels, and symposia that combined outside points of view with The Met's internal expertise to activate and elucidate exhibitions, The Met collection, and capital projects. These included a series of conversations on cultural landmarks in Africa, the Americas, and Oceania presented in partnership with the World Monuments Fund; a dialogue between the architect of The Met's new Oscar L. and H. M. Agnes Hsu-Tang Wing, Frida Escobedo, and artist Sheila Hicks; a daylong creative convening centering on the Harlem Renaissance, which engaged around 20 thought leaders and drew 600 people in person and more than 2,000 online; and an ongoing series of Met Expert Talks, including one celebrating Juneteenth with Nnenna Ogwo, pianist, educator, artist, and founder of the Juneteenth Legacy Project, among others. Besides the popular Studio Workshops, Drop-in Drawing activities, and Copyist Program, this year's art-making programs included a new monthly program, Open Studio, that drew more than 3,600 visitors of all ages for artist-led demonstrations, hands-on making, and conversations with Met experts. Through our #MetAccess series, we continued to promote different perspectives and inclusive storytelling both on-site and online, inviting eight disabled artists, designers, and scholars to contribute social media posts inspired by works of art in The Met collection. In celebration of the exhibition Women Dressing Women, we commissioned designer Sky Cubacub to curate a series of three posts inviting queercrip artists (belonging to both the disabled and LGBTQIA communities) who embody Radical Visibility in their art, life, activism, and what they wear, to respond to the exhibition. Highlights in our multidisciplinary programming for younger audiences included the opening in September 2023 of the much-anticipated 81st Street Studio, a new drop-in discovery and play space for kids ages 3-11 and their families. Years in the making, the project was a close collaboration with the Department of Scientific Research, conservation and curatorial departments, and external partners, and in its first 10 months saw 159,258 visitors, including groups from over 40 New York City schools. The space encourages young visitors to explore materiality at the intersection of art and science and apply their findings in the galleries. In other younger-audience highlights, free multigenerational programs for families with younger children drew more than 10,000 throughout the year. A STEAM-focused partnership with The Museum School engaged 105 students in learning about paint and pigment as well as a career panel with Met conservation and Scientific Research staff. We also incorporated music education in over 80 well-received programs. Our commitment to serving as a cultural, social, and community hub for young people gained traction this year when we marked the 10th anniversary of Teens Take The Met! with over 3,700 teens in an evening of performances, art-making activities, and more. (Over the last decade, the event has drawn more than 36,000 teens in person and involved over 170 unique partner organizations.) Teen Fridays, a twice-monthly, drop-in program, saw a steady increase in attendance this year, drawing more than 700 youth to engage in creative activities and exhibitions with other teens. In the area of professional development and contributing to the advancement of a diverse museum field, a newly launched initiative in collaboration with the New York City Housing Authority brought 25 young NYCHA scholars to The Met for a leadership development program to explore career pathways in art, culture, and museums. We hosted 121 high school interns and 112 undergraduate and graduate interns for museum training, networking, and community building, and we continued to strengthen our commitment to research in support of our fellowship program, hosting 49 international fellows from 14 different countries for research and projects in 23 departments across the Museum. As always, The Met remained an essential resource for teaching, training, and learning at all levels this year, with more than 187,135 K-12 teachers and students participating in 757 virtual and 39,582 in-person guided tours of The Met collection, and 144,628 in self-guided tours. In addition, more than 2,168 teachers and school leaders participated in programs focused on integrating art into the classroom, further strengthening multidisciplinary art learning and attracting educators from a wider variety of disciplines. LIVE ARTS The MetLiveArts season included several impactful premieres in a total of more than 55 public events, 60 percent of which were free with Museum admission. Jacolby Satterwhite's immersive, site-specific Great Hall Commission, A Metta Prayer, opened the Live Arts season. Curated in partnership with the Department of Modern and Contemporary Art, the work was one of the largest efforts in the Department of Live Arts' history. Not only did it combine a visual installation with weekly live performances by Satterwhite's collaborators, including Hairbone (Raul de Nieves with Jessie Stead), Ioanna Gika, KelseyLu, Kindness, Lafawndah with Nightfeelings, Patrick Belaga, serpentwithfeet, and Ahya Simone, it transformed The Met's iconic Great Hall with projections and lighting effects, fusing choreography, video, animation, lighting, and music, to imagine a kaleidoscopic, computer-generated world of hope and love. In winter, Live Arts premiered two major commissions: Hamed Sino's Westerly Breath, staged uniquely in the Temple of Dendur; and Handel: Made in America, written and performed by WQXR host Terrance McKnight in collaboration with director Pat Eakin Young and dramaturg Ellen Harris. Accompanied by stirring musical performances from a quartet of world-class opera singers and an all-Black choir and orchestra, McKnight wrestles with the realization that the works of Handel-and many great works of 17th century British art, including those in The Met's collection-were funded by the trans-Atlantic slave trade that brought his ancestors to the United States. Each of the three commissions furthered the department's vision to create "only at The Met" performance experiences for visitors and artists alike. Significantly, many of these works were presented at low or no cost to visitors (included with Museum admission), furthering the Museum's mission to provide great artistic experiences to the widest possible audiences. In addition to these flagship projects, MetLiveArts continued to present weekly performances in The Great Hall Balcony Cafe and gallery spaces throughout the Museum. Several performances from recent seasons were also released on digital platforms, significantly expanding the reach of the department's projects to a global audience. DIGITAL The Museum's website ended the fiscal year with 34 million users, of which 37 percent were international. Users most frequently visited the website to access exhibitions, search The Met collection online, and buy tickets, with nearly a third of all online visitors (29 percent) purchasing an admission ticket. The Digital Department strengthened the Museum's online experience for international users by offering nine foreign language options on the Plan Your Visit pages for both The Met Fifth Avenue and The Met Cloisters, the audio guide page, and the visitor guidelines page, with more pages to be internationalized in fiscal year 2025. Behind the scenes, the department made further strides in a major initiative it began last year that includes modernizing technology infrastructure and improving the user experience. As part of that initiative, this year we enhanced several popular areas of the website, including MetPublications, Plan Your Visit, and Events, leading to improved accessibility and a more satisfying experience for users. Additionally, for our local audience, we introduced an online ticketing option for New York State residents that allows them to forego in-person lines and reserve pay-what-you-wish tickets on the Museum's website. In June 2024, we launched the second season of The Met's nonfiction podcast, Immaterial, in which listeners hear about the emotional origins and transformative power of art through the lens of materials. The eight new episodes again feature important works from The Met collection and experts from diverse backgrounds. Since the podcast's launch in 2022, it has accumulated more than 1.5 million minutes of total listening time by 48,000 unique listeners, and since the launch of season two, it has garnered 3,700 new followers. |
| FORM 990, PART III - PROGRAM SERVICES | The department's video production teams have continued to produce engaging stories in popular formats, such as artist interviews, exhibition tours, and stories about conservation. We also launched new video initiatives this year - YouTube Shorts and YouTube Podcasts - that contributed to an overall gain of 52,300 subscribers. For families and children, the department partnered with YouTube Kids to launch season two of MetKids Microscope, bringing the series more than 775,000 views. This year, the Digital Department also commissioned prominent authors to write personal essays reflecting on The Met collection and published pieces from Safia Elhillo, Maggie Millner, David Levi Strauss, Major Jackson, Georgina Kleege, Francesca Wade, and Rick Riordan. Additionally, in collaboration with writer Katy Hessel, we produced an audio tour that highlights remarkable achievements by women artists. The Digital Department supports special exhibitions with a wide range of content. In fiscal year 2024, the team produced audio guides for Tree and Serpent: Early Buddhist Art in India, 200 BCE-400 CE; Manet/Degas; and Africa & Byzantium. The audio guides were made available for free on the website's exhibition and audio guide pages, contributing to over 125,000 total listeners on the website. The team also worked with writer Jessica Lynne to produce a companion podcast for The Harlem Renaissance and Transatlantic Modernism. To date, the podcast has garnered 32,000 plays equaling over 3,000 hours of listening time. The Museum's social media reach is broad: its Instagram has 4.4 million followers, its X (formerly Twitter) has more than 4.2 million followers, its Facebook has more than 2.2 million followers, and its TikTok reached more than 1.3 million followers. The Museum's email marketing program now reaches 3.6 million subscribers, up from 2.9 million the previous year. In fiscal year 2024, the team sent 88 million emails across 978 unique campaigns. CAPITAL PROJECTS The fiscal year was an extremely productive one for the Museum's Capital Projects Department, which is in the midst of leading a series of transformative projects. Nearly a quarter of the Museum's spaces is in the process of being transformed. The Oscar L. Tang and H.M. Agnes Hsu-Tang Wing continued to progress through the design phase, with architect Frida Escobedo working closely with the curatorial teams and other staff to further develop a cohesive concept design proposal for the new wing, which will prioritize the presentation of 20th- and 21st-century art in 75,000 square feet of gallery space and 7,500 square feet of exterior terrace space. Construction of the Michael C. Rockefeller Wing was completed this fiscal year and art installation began in early 2024. The project transforms how the Museum presents its collections of the art of sub-Saharan Africa, Oceania, and the ancient Americas, and also consists of major upgrades to the building's infrastructure, including the construction of a new sloped glass wall on the south side of the Museum. The project is being overseen by the architect Kulapat Yantrasast of the firm wHY and Beyer, Blinder, Belle Architects LLP, and the new galleries are on track to open in May 2025. Design is complete and construction is slated to begin in fall 2024 on the reimagined Ancient Near Eastern and Cypriot Art galleries, a project that will introduce an innovative and forward-thinking approach to presenting art from a vast region that includes ancient Iraq, Iran, Turkey, Syria, the Eastern Mediterranean coast, Yemen, and Central Asia. Boston-based architectural firm NADAAA, led by principal designer Nader Tehrani, is overseeing the project, which includes significant modifications to the skylights and attics above. The galleries have been closed for art deinstallation and are scheduled to reopen in 2026. Currently in its planning phases, the Great Hall Project is a major institutional initiative that will comprise several components, including the conversion of the current Met Store into a new 11,500-square-foot gallery that will display the Costume Institute's annual spring show and, at times, other shows from other curatorial departments. The project will also encompass the activation of the Museum's entrance at 83rd Street and Fifth Avenue to allow for easier public access into the Museum, and the reconfiguration of the spaces within The Met for dining, retail, and The Met Store. The project is being overseen by the firm Peterson Rich Office and Beyer, Blinder, Belle Architects LLP, with Rockwell Group serving as the restaurant interior architect. The new gallery is scheduled to be completed by 2026, with the remaining components to follow. As mentioned above, the project to renovate the galleries dedicated to European Paintings from 1300 to 1800, part of the ambitious Skylights Project initiated in 2018, was completed in November 2023, and in September 2023, the 81st Street Studio, the Museum's discovery and play space for kids ages 3 to 11, was completed. At a time when the world increasingly looks to us for meaning and inspiration, our Trustees and staff - their dedication, deep knowledge, and quest for excellence - are the reason we are able to fulfill our mission and provide our global audience with truly impactful opportunities for experiencing the art, cultures, and narratives that shape our times. |
| FORM 990, PART VI, LINE 1A - VOTING RIGHTS | GOVERNING BODY DELEGATED AUTHORITY IN ACCORDANCE WITH THE MUSEUM'S BY-LAWS, THE EXECUTIVE COMMITTEE HAS THE RIGHT TO EXERCISE ALL THE POWERS OF THE BOARD OF TRUSTEES DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES OTHER THAN THE POWERS TO (A) FILL VACANCIES IN THE BOARD OF TRUSTEES OR IN ANY COMMITTEE; (B) AMEND OR REPEAL THE BY-LAWS OR ADOPT NEW BY-LAWS;(C) AMEND OR REPEAL ANY RESOLUTION OF THE BOARD OF TRUSTEES WHICH BY ITS TERMS SHALL NOT BE SO AMENDABLE OR REPEALABLE; (D) ELECT OR REMOVE TRUSTEES OR OFFICERS; (E) APPROVE A MERGER OR PLAN OF DISSOLUTION; (F) ADOPT A RESOLUTION AUTHORIZING ACTION ON THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL THE ASSETS OF THE MUSEUM; OR (G) APPROVE AMENDMENTS TO THE CHARTER. |
| FORM 990, PART VI, LINE 2 - FAMILY OR BUSINESS RELATIONSHIP | THE FOLLOWING TRUSTEES OF THE MUSEUM HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER: BLAIR EFFRON AND SACHA LAINOVIC. |
| FORM 990, PART VI, LINE 6 - MEMBERS OF THE ORGANIZATION | GOVERNING BODY AND MANAGEMENT THE MUSEUM DOES NOT HAVE "MEMBERS" AS SUCH TERM IS DEFINED IN THE INSTRUCTIONS TO FORM 990. HOWEVER, THE MUSEUM USES THE TERM "MEMBERS" IN CONNECTION WITH DUES, FEES, GOODS, BENEFITS, PRIVILEGES AND SERVICES AS ESTABLISHED BY THE MUSEUM FROM TIME TO TIME. |
| FORM 990, PART VI, LINE 11B - REVIEW PROCESS | PROCESS THE ORGANIZATION USES TO REVIEW THE FORM 990 THE MUSEUM'S FORM 990, INCLUDING REQUIRED SCHEDULES AND SUPPORTING DOCUMENTATION, IS INITIALLY COMPILED BY THE MUSEUM'S FINANCE DEPARTMENT PRIMARILY RELYING ON THE MUSEUM'S GENERAL LEDGER, AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL SYSTEMS. THE MUSEUM'S CONTROLLER, CHIEF FINANCIAL OFFICER, GENERAL COUNSEL, AND EXTERNAL TAX ADVISORS PARTICIPATE IN A SERIES OF DETAILED REVIEWS OF THE FORM 990. THE FORM 990 IS ALSO REVIEWED BY THE MUSEUM'S SENIOR MANAGEMENT, INCLUDING THE MUSEUM'S DIRECTOR AND CHIEF EXECUTIVE OFFICER, CHIEF OPERATING OFFICER, AND THE AUDIT COMMITTEE OF THE MUSEUM'S BOARD OF TRUSTEES. A COMPLETE COPY IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. THE MUSEUM'S EXTERNAL TAX ADVISORS FILE THE FORM 990 ELECTRONICALLY WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, LINE 12C - CONFLICT OF INTEREST | CONFLICT OF INTEREST POLICY THE MUSEUM REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY REQUIRING ONGOING DISCLOSURE OF POTENTIAL CONFLICTS, REVIEW OF SUCH DISCLOSURES, AND RECUSAL BY CONFLICTED INDIVIDUALS WHEN WARRANTED. SPECIFICALLY, ON AN ANNUAL BASIS, THE MUSEUM SEEKS TO ENSURE COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY SENDING RELEVANT WRITTEN POLICIES TO SENIOR STAFF, TRUSTEES AND ADVISORY MEMBERS OF COMMITTEES OF THE BOARD OF TRUSTEES. EACH POLICY IS SENT WITH A STATEMENT, WHICH MUST BE COMPLETED, SIGNED AND RETURNED TO THE MUSEUM'S GENERAL COUNSEL. THE STATEMENT REQUIRES EACH INDIVIDUAL TO CONFIRM THAT HE OR SHE HAS (I) RECEIVED A COPY OF THE POLICY, (II) READ AND UNDERSTOOD THE POLICY AND (III) AGREES TO COMPLY WITH THE POLICY. THE INDIVIDUAL IS ALSO ASKED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST THAT HE OR SHE OR A MEMBER OF HIS OR HER FAMILY, OR AN ENTITY IN WHICH ANY OF THEM HAVE A MATERIAL OWNERSHIP INTEREST, MAY HAVE. THE STATEMENTS ARE COMPLETED AND RETURNED TO THE GENERAL COUNSEL'S OFFICE. WHEN POTENTIAL CONFLICTS ARISE, THEY ARE INITIALLY EVALUATED BY THE GENERAL COUNSEL WITH THE ASSISTANCE OF OUTSIDE LEGAL COUNSEL IF NECESSARY. ACTUAL CONFLICTS OF INTEREST ARE RESOLVED IN CONSULTATION WITH THE MUSEUM'S DIRECTOR (FOR STAFF) AND THE CHAIRMAN OF THE BOARD OF TRUSTEES AND THE LEGAL COMMITTEE OF THE MUSEUM'S BOARD (FOR TRUSTEES, INCLUDING THE DIRECTOR). IF AN ACTUAL CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION. A SUMMARY OF THE POTENTIAL CONFLICTS OF INTEREST DISCLOSED BY THE TRUSTEES ARE PRESENTED TO THE AUDIT COMMITTEE EACH YEAR. A SUMMARY OF THE POTENTIAL CONFLICTS OF INTEREST DISCLOSED BY SENIOR STAFF IS PRESENTED TO THE DIRECTOR EACH YEAR. |
| FORM 990, PART VI, LINES 15A AND 15B - COMPENSATION REVIEW PROCESS | COMPENSATION REVIEW THE COMPENSATION COMMITTEE ("THE COMMITTEE") OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR OVERSIGHT OF COMPENSATION AND BENEFITS PROGRAMS FOR THE MUSEUM'S OFFICERS, AND FOR ENSURING THAT THE COMPENSATION POLICIES OF THE MUSEUM ARE CONSISTENT WITH AND IN SUPPORT OF THE MUSEUM'S MISSION, VALUES AND LONG-TERM GOALS. THE INTENT OF THE COMMITTEE IS TO PROVIDE A TOTAL COMPENSATION PROGRAM FOR THE OFFICERS THAT PROMOTES THE MUSEUM'S LONG-TERM OBJECTIVES, AND IS REASONABLE, APPROPRIATE, AND FAIR. ANNUALLY, AN INDEPENDENT COMPENSATION CONSULTANT AND THE COMMITTEE REVIEW THE TOTAL COMPENSATION OF EACH OFFICER OF THE MUSEUM. THE INDEPENDENT COMPENSATION CONSULTANT MAKES RECOMMENDATIONS WITH RESPECT TO THE TOTAL COMPENSATION OF EACH OFFICER, AND THE COMMITTEE APPROVES THE COMPENSATION. COMPENSATION DECISIONS ARE MADE WITH REFERENCE TO COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE ROLES AT SIMILARLY SITUATED ORGANIZATIONS PRESENTED BY THE INDEPENDENT COMPENSATION CONSULTANT. THE INDEPENDENT COMPENSATION CONSULTANT AND THE COMMITTEE ALSO CONSIDER OTHER RELEVANT FACTORS IN DETERMINING COMPENSATION, INCLUDING THE MUSEUM'S MISSION AND GOALS, THE PERFORMANCE OF EACH OFFICER, AND THE MARKET FOR EXECUTIVE TALENT. THE COMMITTEE COMPLIES WITH THE "REBUTTABLE PRESUMPTION" PROCEDURES FOR DETERMINING THAT COMPENSATION IS REASONABLE UNDER INTERNAL REVENUE CODE SECTION 4958. DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARRANGEMENTS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MEETING MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 - GOVERNING DOCUMENTS | PUBLIC AVAILABILITY OF OTHER DOCUMENTS THE MUSEUM'S AUDITED FINANCIAL STATEMENTS AND ANNUAL REPORT ARE MADE AVAILABLE TO THE PUBLIC ON THE MUSEUM'S WEBSITE. THE MUSEUM MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. |
| PART XI, LINE 9, OTHER CHANGES IN NET ASSETS | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 2,072,092 UNREALIZED GAINS AND LOSSES ON 2015 BOND RETURNS 11,699,932 NET RECLASSIFICATIONS, FEES, AND OTHER (2,279,210) PENSION - RELATED CHANGES OTHER THAN NPPC (10,691,656) CHANGE IN FAIR VALUE OF INTEREST RATE EXCHANGE AGREEMENTS 3,690,335 PARTNERSHIP UBIT (27,831,508) ------------ TOTAL (23,340,015) |
| FORM 990, PART VII | MAX HOLLEIN WAS AN EX-OFFICIO TRUSTEE DURING CALENDAR YEAR 2023. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jayne Wrightsman Trust | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S Dearborn IL1-0111 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 367746339 | EIN |
| Primary Activities | Met Support | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 12A, Type I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Met Museum | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|
| CHARITABLE REMAINDER TRUSTS (13) | ||||
| TRUST | NY | NA | TRUST | false |
| TERM TRUSTS (1) | ||||
| TRUST | NY | NA | TRUST | false |
| CHARITABLE LEAD TRUST (1) | ||||
| TRUST | NY | NA | TRUST | false |
| PERPETUAL TRUST (6) | ||||
| TRUST | NY | NA | TRUST | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |