THE PARRISH ART MUSEUM INC Charity Report

Public IRS 990 nonprofit record

THE PARRISH ART MUSEUM INC

EIN 11-1782495 · Arts, Culture & Humanities (A510)

What they do

THE MUSEUM ENCOURAGES AN APPRECIATION of MODERN and CONTEMPORARY ART THROUGH EXHIBITIONS, EDUCATION, and PUBLIC PROGRAMS for DIVERSE AUDIENCES.INSPIRED BY THE NATURAL SETTING and HISTORICAL ARTISTIC COMMUNITY of LONG ISLANDS EAST END, THE PARRISH ART MUSEUM CELEBRATES ITS LEGACY THROUGH A DISTINCTIVE CONTEMPORARY LENS and SOCIALLY CONSCIOUS GLOBAL CONTEXT. THE PARRISH ILLUMINATES THE CREATIVE PROCESS and HOW ART, ARCHITECTURE, and DESIGN TRANSFORM OUR EXPERIENCES and OUR COMMUNITIES, and HOW WE RELATE to THE WORLD. ACCESS to RELEVANT CULTURAL ENGAGEMENT, ARTISTIC INSPIRATION, A NATURAL ENVIRONMENT, and ARCHITECTURAL INGENUITY CHARACTERIZES THE MUSEUM EXPERIENCE AS UNIQUE DESTINATION FO THE REGION, THE NATION, and THE WORLD.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders36 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

37.80%of revenue went to mission work76.3% of expenses · Program services

7.25%of revenue went to fundraising14.6% of expenses

$49.57spent for every $100 of revenueRevenue covered expenses this year.

4.52%of revenue went to management and office costs9.1% of expenses

$6.36in assets for every $1 spent this yearSome assets cannot be spent right away.

87.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $347,365 for MONICA RAMIREZ-MONTAGUT (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$14,728,028

Mission workProgram services$5,567,85137.80% of revenue76.3% of expenses

ManagementOffice and general costs$665,5544.52% of revenue9.1% of expenses

FundraisingAsking for donations$1,067,3787.25% of revenue14.6% of expenses

Revenue left after expensesReported annual surplus$7,427,24550.43% of revenueShown in gray on the chart

Total expenses$7,300,78349.57% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 76.3% mission · 9.1% management · 14.6% fundraisingTotal expenses: 49.57% of revenue

2023Expense mix: 73.9% mission · 12.1% management · 14.0% fundraisingTotal expenses: 130.41% of revenue

2022Expense mix: 77.2% mission · 10.2% management · 12.6% fundraisingTotal expenses: 137.14% of revenue

2021Expense mix: 75.9% mission · 10.3% management · 13.8% fundraisingTotal expenses: 86.85% of revenue

2020Expense mix: 74.9% mission · 11.4% management · 13.7% fundraisingTotal expenses: 116.74% of revenue

2019Expense mix: 72.6% mission · 11.3% management · 16.0% fundraisingTotal expenses: 90.57% of revenue

2018Expense mix: 73.3% mission · 9.8% management · 16.9% fundraisingTotal expenses: 111.51% of revenue

2017Expense mix: 73.4% mission · 10.0% management · 16.6% fundraisingTotal expenses: 81.24% of revenue

Money in and money out

Revenue$14,728,028

Expenses$7,300,783

Annual surplus $7,427,245 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$5,567,851 · 76.3% of expenses

Management and office costs$665,554 · 9.1% of expenses

Fundraising$1,067,378 · 14.6% of expenses

See all reported dollar amounts

Revenue$14,728,028

Expenses$7,300,783

Assets$46,419,677

Income$17,632,294

Contributions$12,917,257

Mission work (program services)$5,567,851

Fundraising$1,067,378

Management and general$665,554

Stocks and bonds$5,384,971

Accounting fees$38,000

Investing fees$32,122

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MONICA RAMIREZ-MONTAGUTEXECUTIVE DIRECTOR · 40 hrs/week $347,365Base $337,596 · Other $9,769

PAUL ANDREWSDEP DIR PRINC GFTS · 35 hrs/week $197,358Base $187,615 · Other $9,743

ALEXANDRA ROBERTSONDIR. FINANCE & ADM · 35 hrs/week $154,501Base $144,808 · Other $9,693

CORINNE ERNIDEVELOPMENT OFFIC. · 35 hrs/week $149,504Base $140,000 · Other $9,504

MELANIE TOLANDIR. DONOR COMMUNI · 35 hrs/week $137,817Base $120,000 · Other $17,817

MARTHA STOTZKYFORMER DEPUTY DIRECTOR · 35 hrs/week $131,869Base $122,404 · Other $9,465

NINA MADISONFORMER DIRECTOR CORPORATE · 35 hrs/week $121,306Base $112,615 · Other $8,691

DULZANIA PENACAFE ASST MANAGER · 35 hrs/week $106,498Base $103,878 · Other $2,620

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (36)

MONICA RAMIREZ-MONTAGUTEXECUTIVE DIRECTOR

PAUL ANDREWSDEP DIR PRINC GFTS

ALEXANDRA ROBERTSONDIR. FINANCE & ADM

CORINNE ERNIDEVELOPMENT OFFIC.

MELANIE TOLANDIR. DONOR COMMUNI

MARTHA STOTZKYFORMER DEPUTY DIRECTOR

NINA MADISONFORMER DIRECTOR CORPORATE

DULZANIA PENACAFE ASST MANAGER

MARLIES VERHOEVENBOARD MEMBER

LISA GREENBOARD MEMBER

MARTHA MCLANAHANSECRETARY

MARTY CORDESBOARD MEMBER

NINA SARIN ARIASBOARD MEMBER

NOTOYA GREENBOARD MEMBER

RUCHIRA BHUYANBOARD MEMBER

SANDY PERLBINDERVICE PRESIDENT

SEAN COHANPRESIDENT

STEVEN J HOROWITZBOARD MEMBER

SUZI CORDISHBOARD MEMBER

YANINA FUERTESBOARD MEMBER

LOUIS K MEISELBOARD MEMBER

LAURENCE MILSTEINBOARD MEMBER

KIMBERLEY TAYLORBOARD MEMBER

JOEY WOLFFERBOARD MEMBER

HENRY RICHARDSONBOARD MEMBER

GEORGE WELLSTREASURER

FREDERIC M SEEGALCO-CHAIR

EJIM PETER ACHIBOARD MEMBER

DR HARVANIT GAHUNIABOARD MEMBER

DEBORAH F BANCROFTBOARD MEMBER

DAVID GRANVILLE-SMITHBOARD MEMBER

CHARLOTTE LUCAS PILAROBOARD MEMBER

CATHERINE GILLIS CARMODYBOARD MEMBER

ASTRID HILL LLOYDBOARD MEMBER

ANDREA PEMBERTONBOARD MEMBER

ALEXANDRA STANTONCO-CHAIR

About this charity

Recognized since: January 1959
Location: 279 MONTAUK HIGHWAY, WATER MILL, NY 11976
County: Suffolk
In care of: Monica Ramirez-Montagut
Primary officer: Monica Ramirez-Montagut, Executive Director

How to reach them

WebsiteVisit the charity’s website Phone(631) 283-2118

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: NAWROCKI SMITH LLP
NTEE classification: Arts, Culture & Humanities (A510)