RUBIN MUSEUM OF ART AKA THE SHELLEY & DONALD RUBIN CULTURAL TRUST Charity Report

Public IRS 990 nonprofit record

RUBIN MUSEUM OF ART AKA THE SHELLEY & DONALD RUBIN CULTURAL TRUST

EIN 22-6799567 · Private Operating Foundations (T23)

What they do

THE RUBIN MUSEUM of ART IN CHELSEA, NEW YORK CITY, EXPLORES and CELEBRATES HIMALAYAN ART, CULTURES, and IDEAS ACROSS HISTORY and INTO THE PRESENT. WITH ITS GLOBALLY RENOWNED COLLECTION, CENTERED LARGELY AROUND ART FROM THE TIBETAN PLATEAU, THE RUBIN FOSTERS UNDERSTANDING and APPRECIATION of HIMALAYAN ART BY INTERPRETING and RELATING IT to OUR SHARED HUMAN EXPERIENCE TODAY. INSPIRED BY THE TENETS of BUDDHISM, HINDUISM, and INDIGENOUS RELIGIONS, and ALIGNED WITH ONGOING RESEARCH INTO LEARNING, BEHAVIOR, and THE BRAIN, THE RUBIN OFFERS INNOVATIVE EXHIBITIONS and PROGRAMS THAT EXAMINE PROVOCATIVE IDEAS ACROSS THE ARTS and EXPLORE THE MIND. THROUGH THIS WORK, THE MUSEUM SERVES AS A SPACE for REFLECTION and PERSONAL TRANSFORMATION, OPENING WINDOWS to INNER WORLDS SO VISITORS CAN BETTER NAVIGATE OUTER ONES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $67.10 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 leaders23 people are listed in the latest report.

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

Money made simple

75.16%of revenue went to mission work67.1% of expenses · Program services

7.45%of revenue went to fundraising6.6% of expenses

$112.08spent for every $100 of revenueSpending was higher than revenue this year.

29.47%of revenue went to management and office costs26.3% of expenses

$11.65in assets for every $1 spent this yearSome assets cannot be spent right away.

11.9%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.

Worth asking: Expenses exceeded revenue by $1,879,859 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $387,557 for MARIE HELENE CHRISTODOULOU (CHIEF FINANCIAL & OPERATING 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$15,557,557

Mission workProgram services$11,693,13275.16% of revenue67.1% of expenses

ManagementOffice and general costs$4,585,28829.47% of revenue26.3% of expenses

FundraisingAsking for donations$1,158,9967.45% of revenue6.6% of expenses

Total expenses$17,437,416112.08% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 67.1% mission · 26.3% management · 6.6% fundraisingTotal expenses: 112.08% of revenue

2023Expense mix: 63.0% mission · 30.0% management · 7.0% fundraisingTotal expenses: 128.23% of revenue

2022Expense mix: 63.7% mission · 29.1% management · 7.2% fundraisingTotal expenses: 172.06% of revenue

2021Expense mix: 62.0% mission · 29.4% management · 8.6% fundraisingTotal expenses: 55.41% of revenue

2020Expense mix: 59.1% mission · 33.0% management · 7.9% fundraisingTotal expenses: 110.06% of revenue

2019Expense mix: 63.8% mission · 28.1% management · 8.1% fundraisingTotal expenses: 140.91% of revenue

2018Expense mix: 64.1% mission · 27.1% management · 8.8% fundraisingTotal expenses: 118.16% of revenue

2017Expense mix: 63.4% mission · 28.4% management · 8.2% fundraisingTotal expenses: 189.54% of revenue

Money in and money out

Revenue$15,557,557

Expenses$17,437,416

Annual shortfall $1,879,859 Expenses were higher than revenue 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)$11,693,132 · 67.1% of expenses

Management and office costs$4,585,288 · 26.3% of expenses

Fundraising$1,158,996 · 6.6% of expenses

See all reported dollar amounts

Revenue$15,557,557

Expenses$17,437,416

Assets$203,085,631

Income$27,637,699

Contributions$1,858,650

Mission work (program services)$11,693,132

Fundraising$1,158,996

Grants given$25,000

Average grant$12,500

Management and general$4,585,288

Executive compensation (total)$923,241

Stocks and bonds$171,204,849

Accounting fees$63,319

Investing fees$211,044

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

MARIE HELENE CHRISTODOULOUCHIEF FINANCIAL & OPERATING OFFICER · 40 hrs/week $387,557Base $306,552 · Other $81,005

TIMOTHY MCHENRYCHIEF PROGRAMMATIC OFFICER · 40 hrs/week $334,671Base $264,284 · Other $70,387

MICHELLE BENNETT SIMORELLADIRECTOR OF CURATORIAL ADMIN & COLLECTIONS · 40 hrs/week $247,893Base $192,319 · Other $55,574

DONA LEE KELLYDIRECTOR OF DEVELOPMENT · 40 hrs/week $242,092Base $190,353 · Other $51,739

JAMIE LAWYERDIRECTOR OF EXPERIENCE & INTERPRETATION · 40 hrs/week $215,389Base $175,127 · Other $40,262

ELKE DEHNERDIRETOR OF MARKETING & COMMUNICATIONS · 40 hrs/week $194,481Base $174,323 · Other $20,158

HAZEL P KINGHEAD OF HUMAN RESOURCES · 40 hrs/week $144,380Base $133,810 · Other $10,570

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 (23)

MARIE HELENE CHRISTODOULOUCHIEF FINANCIAL & OPERATING OFFICER

TIMOTHY MCHENRYCHIEF PROGRAMMATIC OFFICER

MICHELLE BENNETT SIMORELLADIRECTOR OF CURATORIAL ADMIN & COLLECTIONS

DONA LEE KELLYDIRECTOR OF DEVELOPMENT

JAMIE LAWYERDIRECTOR OF EXPERIENCE & INTERPRETATION

ELKE DEHNERDIRETOR OF MARKETING & COMMUNICATIONS

HAZEL P KINGHEAD OF HUMAN RESOURCES

TSHERIN SHERPATRUSTEE

ANG TSHERING LAMATRUSTEE

TONG-TONG ZHUTRUSTEE

SHELLEY RUBINCHAIR

SCOTT GRINSELLTRUSTEE

SAMPHE LHALUNGPATRUSTEE

ROBERT M BAYLISTRUSTEE

NOAH P DORSKYBOARD PRESIDENT

NAMITA SARAFTRUSTEE

MICHAEL MCCORMICKTRUSTEE

JORRIT BRITSCHGISECRETARY/EXEC. DIRECTOR

JESSE SMITHTRUSTEE

ERIC SCHOENBERGTRUSTEE

EILEEN CAULFIELD SCHWABTRUSTEE

CHRISTOPHER J FUSSNERTRUSTEE

BASHA FROST RUBINTRUSTEE

About this charity

Recognized since: January 1999
Location: 150 W 17TH ST, NEW YORK, NY 10011-5491
County: New York
In care of: % SHELLEY & DONALD RUBIN CULTURAL T
Primary officer: JAMIE LAWYER, DEPUTY EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(212) 620-5000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: LUTZ AND CARR CPAS LLP
NTEE classification: Private Operating Foundations (T23)
IRS tax category: Private Operating Foundations
Grant-giving organization: Yes