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Museum of Modern Art

Museum of Modern Art

New York, NY
Tax ID13-1624100

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About this organization

Revenue

$283,314,866

Expenses

$274,032,845

Website

moma.org

Mission

The Museum of Modern Art establishes, preserves, and documents a permanent collection of modern and contemporary art, presents exhibitions and educational programs, sustains a library, archives, and conservation laboratory and supports scholarship and publications. The Form 990 is one of several reports the Museum makes available each year. The Museum encourages it to be read in conjunction with the annual report, which provides an overview of all museum activities during the year, and with the audited financial statements, which provide additional financial context. These documents as well as previous years reports can be found on moma.org. As can be seen in the audited financial statements, operating revenues of $221.9 million exceeded operating expenses of $217.5 million by $4.4 million.

About

Museum Operations - Curatorial and curatorial support departments include conservation, education, exhibitions, creative, publications, library and archives. The Museum was founded in 1929 as an educational institution and maintains a vast breadth of educational programming, which increased in the years after the opening of the renovated and expanded main facility in 2004. In FY 2018, almost 4 million children, students, and adults, of all abilities, were served by the Education Department: 2.8 million onsite visitors who accessed or participated in interpretative programs including labels and audio content (offered in nine languages) to support their learning in the galleries; almost 1 million who used online educational resources; and nearly 250,000 who participated in programs. The Museum is anchored by a vibrant and dynamic program including a rich temporary exhibition schedule at the Museum, gallery rotations, a performance art series, the film program, many educational programs, publications and online content. In FY 2018, the Museum administered over 25 temporary exhibitions. In addition, the quality and depth of the Museum's collections enable the Museum to maintain an active loan program which serves institutions both in the United States and abroad. Some of the exhibitions on view during FY2018 were as follows: Louise Bourgeois: An unfolding Portrait, Items: Is Fashion Modern?, Max Ernst: Beyond Painting, Stephen Shore, Club 57: Film, Performance and Art in the East Village 1978-1983, Thinking Machines: Art and Design in the Computer Age 1959-1989, Being: New Photography 2018, Tarsila do Amaral: inventing Modern Art In Brazil.

Interesting data from their 2020 990 filing

The filing reveals the mission of the non-profit as “See schedule o”.

When detailing its functions, they were listed as: “The museum of modern art establishes, preserves, and documents a permanent collection of modern and contemporary art, presents exhibitions and educational programs, sustains a library, archives, and conservation laboratory and supports scholarship and publications. the form 990 is one of several reports the museum makes available each year. the museum encourages it to be read in conjunction with the annual report, which provides an overview of all museum activities during the year, and with the audited financial statements, which provide additional financial context. these documents as well as previous years reports can be found on moma.org. as can be seen in the audited financial statements, operating revenues of $230.2 million exceeded operating expenses of $223.6 million by $6.6 million.”.

  • According to the law, the state where the non-profit operates has been reported as NY.
  • The filing specifies that the non-profit's address in 2020 was 11 West 53rd Street, New York, NY, 10019.
  • As of 2020, the non-profit's form shows they have a total of 1284 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $177,426,286.
  • The organization has 52 independent voting members.
  • The organization was formed in 1929.
  • The organization pays $107,416,732 in salary, compensation, and benefits to its employees.
  • The organization pays $14,774,322 in fundraising expenses.

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