MUSEUM OF MODERN ART Charity Report

Public IRS 990 nonprofit record

MUSEUM OF MODERN ART

EIN 13-1624100 · Arts, Culture & Humanities (A510)

What they do

The Museum of Modern Art is A Private, Non-profit Institution Chartered By The State of New York Department of Education In 1929 to Foster Public Awareness of Modern and Contemporary Art. (Continued In Schedule O)

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $73.70 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 leaders81 people are listed in the latest report.

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

Money made simple

62.13%of revenue went to mission work73.7% of expenses · Program services

4.22%of revenue went to fundraising5.0% of expenses

$84.32spent for every $100 of revenueRevenue covered expenses this year.

17.97%of revenue went to management and office costs21.3% of expenses

$8.75in assets for every $1 spent this yearSome assets cannot be spent right away.

26.6%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 $2,426,708 for GLENN D LOWRY (DIRECTOR/EX-OFFICIO TRUSTEE). 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$362,023,464

Mission workProgram services$224,941,56762.13% of revenue73.7% of expenses

ManagementOffice and general costs$65,045,54717.97% of revenue21.3% of expenses

FundraisingAsking for donations$15,274,0114.22% of revenue5.0% of expenses

Revenue left after expensesReported annual surplus$56,762,33915.68% of revenueShown in gray on the chart

Total expenses$305,261,12584.32% 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: 73.7% mission · 21.3% management · 5.0% fundraisingTotal expenses: 84.32% of revenue

2023Expense mix: 72.5% mission · 22.7% management · 4.7% fundraisingTotal expenses: 92.07% of revenue

2022Expense mix: 73.9% mission · 21.6% management · 4.5% fundraisingTotal expenses: 118.59% of revenue

2021Expense mix: 73.3% mission · 22.1% management · 4.5% fundraisingTotal expenses: 93.41% of revenue

2020Expense mix: 69.8% mission · 26.1% management · 4.1% fundraisingTotal expenses: 93.82% of revenue

2019Expense mix: 72.3% mission · 22.7% management · 5.0% fundraisingTotal expenses: 103.27% of revenue

2018Expense mix: 76.1% mission · 18.4% management · 5.5% fundraisingTotal expenses: 60.04% of revenue

2017Expense mix: 78.1% mission · 17.2% management · 4.7% fundraisingTotal expenses: 96.72% of revenue

Money in and money out

Revenue$362,023,464

Expenses$305,261,125

Annual surplus $56,762,339 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)$224,941,567 · 73.7% of expenses

Management and office costs$65,045,547 · 21.3% of expenses

Fundraising$15,274,011 · 5.0% of expenses

See all reported dollar amounts

Revenue$362,023,464

Expenses$305,261,125

Assets$2,670,935,041

Income$606,362,031

Contributions$96,118,352

Mission work (program services)$224,941,567

Fundraising$15,274,011

Grants given$14,980,777

Average grant$2,140,111

Management and general$65,045,547

Stocks and bonds$1,023,967,045

Accounting fees$603,080

Investing fees$6,587,709

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

GLENN D LOWRYDIRECTOR/EX-OFFICIO TRUSTEE · 50 hrs/week $2,426,708Base $1,656,878 · Other $769,830

LOU-ALAN FERNANDESCHIEF INVESTMENT OFFICER · 50 hrs/week $1,694,755Base $1,622,349 · Other $72,406

JAMES GARACOO/ASSISTANT TREASURER (THRU 6/25) · 50 hrs/week $1,596,787Base $1,456,427 · Other $140,360

GABRIEL MORROWMANAGING DIRECTOR, INVESTMENTS · 50 hrs/week $1,081,901Base $1,029,326 · Other $52,575

JAMES GROOMSGENERAL COUNSEL/SECRETARY · 50 hrs/week $679,228Base $630,254 · Other $48,974

ANN TEMKINCHIEF CURATOR-PAINTING & SCULPTURE · 50 hrs/week $642,408Base $485,598 · Other $156,810

JEAN SAVITSKYDIR. REAL ESTATE AND CONSTRUCTION · 50 hrs/week $623,664Base $559,258 · Other $64,406

BEVERLY MORGAN-WELCHSR. DEPUTY DR OF EXTERNAL AFFAIRS · 50 hrs/week $613,420Base $501,335 · Other $112,085

SARAH SUZUKIASSOCIATE MUSEUM DIRECTOR · 50 hrs/week $603,071Base $519,165 · Other $83,906

CHRISTOPHE CHERIXCHIEF CURATOR - DRAWINGS AND PRINTS · 50 hrs/week $600,630Base $475,334 · Other $125,296

ROXANA MARCOCISENIOR CURATOR- PHOTOGRAPHY · 50 hrs/week $597,337Base $327,862 · Other $269,475

JAN POSTMADEPUTY COO/CHIEF FINANCIAL OFFICER · 50 hrs/week $563,982Base $464,228 · Other $99,754

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 (81)

GLENN D LOWRYDIRECTOR/EX-OFFICIO TRUSTEE

LOU-ALAN FERNANDESCHIEF INVESTMENT OFFICER

JAMES GARACOO/ASSISTANT TREASURER (THRU 6/25)

GABRIEL MORROWMANAGING DIRECTOR, INVESTMENTS

JAMES GROOMSGENERAL COUNSEL/SECRETARY

ANN TEMKINCHIEF CURATOR-PAINTING & SCULPTURE

JEAN SAVITSKYDIR. REAL ESTATE AND CONSTRUCTION

BEVERLY MORGAN-WELCHSR. DEPUTY DR OF EXTERNAL AFFAIRS

SARAH SUZUKIASSOCIATE MUSEUM DIRECTOR

CHRISTOPHE CHERIXCHIEF CURATOR - DRAWINGS AND PRINTS

ROXANA MARCOCISENIOR CURATOR- PHOTOGRAPHY

JAN POSTMADEPUTY COO/CHIEF FINANCIAL OFFICER

JESSE GOLDSTINEGENERAL MANAGER - RETAIL

RAJENDRA ROYCHIEF CURATOR - FILM

CHRISTY THOMPSONSR. DEPUTY DR OF EXHIBIT. & COLLECT.

ODESSA MATSUBARACHIEF HUMAN RESOURCES OFFICER

EMMANUEL PLATDIRECTOR, MERCHANDISING

MICHELLE KUOCHIEF CURATOR AT LARGE & PUBLISHER

DANIEL PEREZASSOCIATE CHIEF FINANCIAL OFFICER

TUNJI ADENIJICHIEF FACILITIES AND SAFETY OFFICER

STUART COMERCHIEF CURATOR - MEDIA & PERF. ART

MARTINO STIERLICHIEF CURATOR - ARCH. AND DESIGN

PETER NORTONTRUSTEE

MAJA OERIVICE CHAIR/TRUSTEE

MARIE-JOSEE KRAVISCHAIR/TRUSTEE

RICHARD E SALOMONTRUSTEE

PAULA CROWNTRUSTEE

PATRICIA PHELPS DE CISNEROSTRUSTEE

PAMELA JOYNERTRUSTEE

MIMI HAASVICE CHAIR/TRUSTEE

MICHAEL S OVITZTRUSTEE

MARLENE HESSVICE CHAIR/TRUSTEE

PHILIP S NIARCHOSTRUSTEE

RICHARD ROTHTRUSTEE

JON STRYKERTRUSTEE

ROBERT SOROSTRUSTEE

RONALD S LAUDERHONORARY CHAIR/TRUSTEE

RONNIE HEYMANPRESIDENT EMERITA/TRUSTEE

RYAN ZURRERTRUSTEE (BEG 06/25)

SARAH ARISONPRESIDENT (BEG 7/2024) / TRUSTEE

SCOTT BELSKYTRUSTEE

SHARON PERCY ROCKEFELLERTRUSTEE

SID R BASSVICE CHAIRMAN/TRUSTEE

STEVE TANANBAUMTRUSTEE

STEVEN COHENTRUSTEE

TONY TAMERTRUSTEE

WALLIS ANNENBERGLIFE TRUSTEE

XIN ZHANGTRUSTEE

CLARISSA ALCOCK BRONFMANTRUSTEE

EDITH COOPERTRUSTEE

EDGAR WACHENHEIM IIITREASURER/TRUSTEE

DAVID ROCKEFELLER JRLIFE TRUSTEE

DAVID GRAINTRUSTEE (BEG 04/25)

DAVID DECHMANTRUSTEE

DAVID BOOTHTRUSTEE

DANIEL S OCHTRUSTEE

DANIEL SUNDHEIMTRUSTEE

EMILY RAUH PULITZERTRUSTEE

BARBARA JAKOBSONTRUSTEE

ANNE DIAS GRIFFINTRUSTEE

ANNA MARIE SHAPIROTRUSTEE

ANNA DEAVERE SMITHTRUSTEE

ALICE M TISCHTRUSTEE

ALEXANDRE ARNAULTTRUSTEE

AGNES GUNDPRESIDENT EMERITA/TRUSTEE

LONTI EBERSTRUSTEE

EYAL OFERTRUSTEE

GLENN DUBINTRUSTEE

GLENN FUHRMANTRUSTEE

HELEN ZELLTRUSTEE (BEG 02/25)

JAMES G NIVENTRUSTEE

JERRY I SPEYERCHAIRMAN EMERITUS/TRUSTEE

JILL KRAUSTRUSTEE

JOEL S EHRENKRANZTRUSTEE

JOHN ELKANNTRUSTEE

AC HUDGINSTRUSTEE

KATHLEEN FULDTRUSTEE

KHALIL GIBRAN MUHAMMADTRUSTEE

LAURENCE D FINKTRUSTEE

LAWRENCE B BENENSONTRUSTEE

LEON D BLACKTRUSTEE

About this charity

Recognized since: January 1952
Location: 11 W 53RD ST, NEW YORK, NY 10019-5401
County: New York
In care of: % CARLA MERCADO
Primary officer: JAN POSTMA, COO

How to reach them

WebsiteVisit the charity’s website Phone(212) 708-9400

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Arts, Culture & Humanities (A510)
Grant-giving organization: Yes