THE NEW YORK PUBLIC LIBRARY ASTOR LENOX AND TILDEN FOUNDATIONS Charity Report

Public IRS 990 nonprofit record

THE NEW YORK PUBLIC LIBRARY ASTOR LENOX AND TILDEN FOUNDATIONS

EIN 13-1887440 · Education (B700)

What they do

THE MISSION of THE NEW YORK PUBLIC LIBRARY is to INSPIRE LIFELONG LEARNING, ADVANCE KNOWLEDGE, and STRENGTHEN OUR COMMUNITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.50 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 leaders62 people are listed in the latest report.

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

Money made simple

53.68%of revenue went to mission work87.5% of expenses · Program services

1.67%of revenue went to fundraising2.7% of expenses

$61.37spent for every $100 of revenueRevenue covered expenses this year.

6.01%of revenue went to management and office costs9.8% of expenses

$7.27in assets for every $1 spent this yearSome assets cannot be spent right away.

80.0%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 $1,595,737 for GEETANJALI GUPTA (CHIEF INVESTMENT OFFICER). 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$693,176,891

Mission workProgram services$372,119,24453.68% of revenue87.5% of expenses

ManagementOffice and general costs$41,693,8626.01% of revenue9.8% of expenses

FundraisingAsking for donations$11,557,5421.67% of revenue2.7% of expenses

Revenue left after expensesReported annual surplus$267,806,24338.63% of revenueShown in gray on the chart

Total expenses$425,370,64861.37% 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: 87.5% mission · 9.8% management · 2.7% fundraisingTotal expenses: 61.37% of revenue

2023Expense mix: 86.6% mission · 10.7% management · 2.7% fundraisingTotal expenses: 98.12% of revenue

2022Expense mix: 86.1% mission · 11.2% management · 2.7% fundraisingTotal expenses: 99.80% of revenue

2021Expense mix: 87.0% mission · 10.2% management · 2.8% fundraisingTotal expenses: 83.30% of revenue

2020Expense mix: 87.0% mission · 10.1% management · 2.9% fundraisingTotal expenses: 81.19% of revenue

2019Expense mix: 87.0% mission · 9.8% management · 3.2% fundraisingTotal expenses: 73.33% of revenue

2018Expense mix: 87.3% mission · 9.4% management · 3.3% fundraisingTotal expenses: 83.74% of revenue

2017Expense mix: 85.2% mission · 11.7% management · 3.1% fundraisingTotal expenses: 77.63% of revenue

Money in and money out

Revenue$693,176,891

Expenses$425,370,648

Annual surplus $267,806,243 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)$372,119,244 · 87.5% of expenses

Management and office costs$41,693,862 · 9.8% of expenses

Fundraising$11,557,542 · 2.7% of expenses

See all reported dollar amounts

Revenue$693,176,891

Expenses$425,370,648

Assets$3,093,728,703

Income$952,322,483

Contributions$554,661,804

Mission work (program services)$372,119,244

Fundraising$11,557,542

Grants given$420,582

Average grant$35,049

Management and general$41,693,862

Stocks and bonds$216,895,446

Accounting fees$482,423

Investing fees$6,917,177

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

GEETANJALI GUPTACHIEF INVESTMENT OFFICER · 35 hrs/week $1,595,737Base $1,514,290 · Other $81,447

ANTHONY W MARXTRUSTEE, PRES AND CHIEF EXEC OFFICER · 40 hrs/week $1,199,884Base $1,100,064 · Other $99,820

BRIDGET SMITHGENERAL COUNSEL AND SECRETARY (START 1/22/24) · 35 hrs/week $929,596Base $411,655 · Other $517,941

TERRANCE NEALVP, HUMAN RESOURCES · 35 hrs/week $773,570Base $376,397 · Other $397,173

DORIS ZHAODIRECTOR, INVESTMENTS · 35 hrs/week $619,365Base $577,456 · Other $41,909

PETER RUMMELDIRECTOR, INVESTMENTS · 35 hrs/week $609,433Base $584,564 · Other $24,869

JADRIEN F STEELEVP, DEVELOPMENT · 35 hrs/week $594,830Base $367,626 · Other $227,204

IRIS WEINSHALLCOO AND TREASURER · 35 hrs/week $589,578Base $540,674 · Other $48,904

BRIAN BANNONMERRYL AND JAMES TISCH, DIRECTOR · 35 hrs/week $514,309Base $465,198 · Other $49,111

BRENT REIDYANDREW W. MELLON, DIRECTOR · 35 hrs/week $497,288Base $467,361 · Other $29,927

SHANNON SHARPCFO & ASST TREASURER · 35 hrs/week $472,721Base $394,243 · Other $78,478

MARJOEL MONTALBOSNR DIRECTOR, BUDGET · 35 hrs/week $458,292Base $266,467 · Other $191,825

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 (62)

GEETANJALI GUPTACHIEF INVESTMENT OFFICER

ANTHONY W MARXTRUSTEE, PRES AND CHIEF EXEC OFFICER

BRIDGET SMITHGENERAL COUNSEL AND SECRETARY (START 1/22/24)

TERRANCE NEALVP, HUMAN RESOURCES

DORIS ZHAODIRECTOR, INVESTMENTS

PETER RUMMELDIRECTOR, INVESTMENTS

JADRIEN F STEELEVP, DEVELOPMENT

IRIS WEINSHALLCOO AND TREASURER

BRIAN BANNONMERRYL AND JAMES TISCH, DIRECTOR

BRENT REIDYANDREW W. MELLON, DIRECTOR

SHANNON SHARPCFO & ASST TREASURER

MARJOEL MONTALBOSNR DIRECTOR, BUDGET

GESILLE DIXONVP, BRANCH PROGRAMS AND SERVICES

GARFIELD L SWABYVP, INFORMATION TECHNOLOGY

GEORGE MIHALTSESVP, GOVT & COMMUNITY AFFRS

CARYL MATUTEVP, BRANCH LIBRARIES & PATRON SVCS

DAVID LEMVP, CAPITAL PLANNING & CONSTRUCTION

JENNIFER FERMINOVP, COMMUNICATION AND MARKETING

JOY BIVINSDIRECTOR, THE SCHOMBERG CENTER

SAM RUBINCHIEF STRAT PLN OFFICER & CHIEF OF STAFF

ROBERTA DA SILVA PEREIRAEXECUTIVE DIRECTOR, LIBRARY FOR THE PERFORMING ART

GARRETT CHARLES BERGENSNR. DIRECTOR, FACILITIES MGMT

STEPHEN BETTSINTERIM, CHIEF DIGITAL OFFICER (END 7/1/24)

FAY ROSENFELDVP, PUBLIC PROGRAMS

JENNIFER LOPEZCHIEF DIGITAL OFFICER (START 7/1/24)

MICHELE COLEMAN MAYESFORMER VP, GENERAL COUNSEL AND SEC (END 3/1/24)

MARIA TORRES-SPRINGEREX OFFICIO TTEE, REP OF MAYOR

MERRYL H TISCHTRUSTEE (START 11/20/24)

MAHNAZ ISPAHANI BARTOSTRUSTEE

JANE LAUDERTRUSTEE

LUIS A UBINASTRUSTEE

MICHAEL BYUNGJU KIMTRUSTEE (END 1/23/25)

PAUL M ROMERTRUSTEE

PETER BALDWINTRUSTEE

PETER BOYCE IITRUSTEE (START 11/20/24)

RAYMOND J MCGUIREVICE CHAIR & TRUSTEE

SUSAN MORGENTHAUTRUSTEE

TALI FARHADIAN WEINSTEINTRUSTEE

THEODORE GOLFEX OFFICIO TTEE, REP OF SPKR

WILLIAM GRAYTRUSTEE

DINAKAR SINGHTRUSTEE

ANDRES SANTO DOMINGOTRUSTEE

ANDREW SOLOMONTRUSTEE

ANNETTE GORDON-REEDTRUSTEE

ANTHONY A YOSELOFFTRUSTEE

AYSHA E SCHOMBURGTRUSTEE (START 11/20/24)

BETH KOJIMATRUSTEE

CAREY MALONEYTRUSTEE

CARL H PFORZHEIMER IIIFOUNDATION TRUSTEE

CARLOS RODRIGUEZ-PASTORTRUSTEE

CHRISTOPHER HUGHESTRUSTEE

LISETTE NIEVESEX OFFICIO TTEE, REP OF COMPT

EVAN ROBERT CHESLERTRUSTEE

HOWARD L MORGANFOUNDATION TRUSTEE

HUBERT JOLYTRUSTEE

JAMES S TISCHTRUSTEE (END 11/20/24)

ABBY S MILSTEINCHAIR & TRUSTEE

JELANI COBBTRUSTEE

JOHN T CHAOTRUSTEE

KATHARINE J RAYNERFOUNDATION TRUSTEE

KRISTIN FISHERTRUSTEE

KWAME ANTHONY APPIAHTRUSTEE

About this charity

Recognized since: January 1934
Location: 270 MADISON AVENUE 11TH FLOOR, NEW YORK, NY 10016-0601
County: New York
In care of: % SHANNON SHARP - CFO
Primary officer: ANTHONY W MARX, President and CEO

How to reach them

WebsiteVisit the charity’s website Phone(212) 621-0241

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: KPMG LLP
NTEE classification: Education (B700)
Grant-giving organization: Yes