MUSEUM OF AMERICAN FINANCE Charity Report

Public IRS 990 nonprofit record

MUSEUM OF AMERICAN FINANCE

EIN 13-3540880 · Museums (A50)

What they do

FINANCE IMPACTS EVERYONE. AS A SOCIALLY RELEVANT ORGANIZATION, THE MUSEUM of AMERICAN FINANCE SEEKS to IMPROVE UNDERSTANDING of THE INFLUENCE of FINANCIAL INSTITUTIONS and CAPITAL MARKETS ON THE U.S. and GLOBAL ECONOMIES, and ON INDIVIDUALS LIVES. THE NATIONS ONLY INDEPENDENT MUSEUM DEDICATED to FINANCE and FINANCIAL HISTORY EDUCATES THE PUBLIC THROUGH EXHIBITS, FINANCIAL LITERACY PROGRAMS and PUBLIC EVENTS. THE MUSEUM, AN AFFILIATE of THE SMITHSONIAN INSTITUTION, SEEKS to EMPOWER INDIVIDUALS of ALL BACKGROUNDS to STRIVE TOWARD FINANCIAL INDEPENDENCE, WHILE ENCOURAGING CURIOSITY and DISCOVERY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $65.30 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 leaders46 people are listed in the latest report.

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

Money made simple

63.43%of revenue went to mission work65.3% of expenses · Program services

17.34%of revenue went to fundraising17.9% of expenses

$97.12spent for every $100 of revenueRevenue covered expenses this year.

16.35%of revenue went to management and office costs16.8% of expenses

$0.38in assets for every $1 spent this yearSome assets cannot be spent right away.

102.7%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 $217,539 for DAVID COWEN (PRESIDENT/CEO). 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$1,881,726

Mission workProgram services$1,193,60263.43% of revenue65.3% of expenses

ManagementOffice and general costs$307,69816.35% of revenue16.8% of expenses

FundraisingAsking for donations$326,26017.34% of revenue17.9% of expenses

Revenue left after expensesReported annual surplus$54,1662.88% of revenueShown in gray on the chart

Total expenses$1,827,56097.12% 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: 65.3% mission · 16.8% management · 17.9% fundraisingTotal expenses: 97.12% of revenue

2023Expense mix: 62.8% mission · 18.3% management · 18.9% fundraisingTotal expenses: 116.97% of revenue

2022Expense mix: 64.1% mission · 16.5% management · 19.4% fundraisingTotal expenses: 110.03% of revenue

2021Expense mix: 63.7% mission · 17.4% management · 18.9% fundraisingTotal expenses: 82.39% of revenue

2020Expense mix: 65.7% mission · 15.8% management · 18.6% fundraisingTotal expenses: 84.63% of revenue

2019Expense mix: 65.4% mission · 15.9% management · 18.7% fundraisingTotal expenses: 124.84% of revenue

2018Expense mix: 60.1% mission · 28.5% management · 11.4% fundraisingTotal expenses: 76.08% of revenue

2017Expense mix: 84.8% mission · 8.3% management · 6.9% fundraisingTotal expenses: 182.60% of revenue

Money in and money out

Revenue$1,881,726

Expenses$1,827,560

Annual surplus $54,166 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)$1,193,602 · 65.3% of expenses

Management and office costs$307,698 · 16.8% of expenses

Fundraising$326,260 · 17.9% of expenses

See all reported dollar amounts

Revenue$1,881,726

Expenses$1,827,560

Assets$686,102

Income$2,108,170

Contributions$1,932,709

Mission work (program services)$1,193,602

Fundraising$326,260

Management and general$307,698

Executive compensation (total)$2,892,820

Accounting fees$60,050

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

DAVID COWENPRESIDENT/CEO · 40 hrs/week $217,539Base $210,000 · Other $7,539

MINDY ROSSDIRECTOR OF EXTERNAL RELATIONS · 40 hrs/week $193,336Base $160,000 · Other $33,336

KRISTIN AGUILERADEPUTY DIRECTOR · 40 hrs/week $174,621Base $127,000 · Other $47,621

LINDA RAPACKIMANAGING DIR. OF BUSINESS · 40 hrs/week $115,878Base $111,000 · Other $4,878

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 (46)

DAVID COWENPRESIDENT/CEO

MINDY ROSSDIRECTOR OF EXTERNAL RELATIONS

KRISTIN AGUILERADEPUTY DIRECTOR

LINDA RAPACKIMANAGING DIR. OF BUSINESS

JORGE NARIOTRUSTEE

JOHN P DAVIDSON IIITRUSTEE THRU MAY 2024

KAREN GEPHARDTCO-VICE CHAIR

KIRK HALDEMANTRUSTEE

LAWRENCE CUNNINGHAMTRUSTEE

MARCY COHENTRUSTEE

MARK SHENKMANTRUSTEE

MARTHA CLARK GOSSTRUSTEE

MARTIN FRIDSONTRUSTEE

MITTI LIEBERSOHNTRUSTEE

PATRICK CURTINTRUSTEE

PETER AKWABOAHTRUSTEE

PETER A COHENCHAIR

RANCH KIMBALLTRUSTEE

RIC EDELMANTRUSTEE

RICHARD SYLLA PH DTRUSTEE

SABRINA BAILEYTRUSTEE

SANFORD F CRYSTALTREASURER

SAUL VAN BEURDENTRUSTEE

SCOTT REDDELTRUSTEE

CONSUELO MACKTRUSTEE

ALVI ABUAFTRUSTEE

ANDERS NEMETHTRUSTEE

ANDREA DE CHOLNOKYCO-VICE CHAIR

BOB PISANITRUSTEE

BRAD PETERSONTRUSTEE

BRADFORD HUTRUSTEE THRU MAY 2024

CAROL KAIMOWITZTRUSTEE

CHARLES ELSONTRUSTEE

CHARLES V WAITTRUSTEE

CHRIS PERRYTRUSTEE

ADAM GOLDSTEINTRUSTEE

CORY GUNDERSONTRUSTEE

DAVID L SHULERTRUSTEE

DENNISON VERUTRUSTEE

DOUGLAS CIFUTRUSTEE

EAMON NOLANTRUSTEE

EILEEN FAHEYTRUSTEE

ELIZABETH OMELIATRUSTEE

GLENN KAUFMANTRUSTEE

GREGORY W BAUERTRUSTEE

JOE MECANETRUSTEE

About this charity

Recognized since: January 1992
Location: 368 NINTH AVE 6TH FLOOR, NEW YORK, NY 10001-0614
County: New York
In care of: DAVID COWEN
Primary officer: DAVID COWEN, PRESIDENT AND CEO

How to reach them

WebsiteVisit the charity’s website Phone(212) 908-4110 Officer phone(212) 908-4619

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PKF OCONNOR DAVIES LLP
NTEE classification: Museums (A50)
IRS tax category: Museums