Museum of Modern Art

New York, NY · EIN 13-1624100 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Museum of Modern Art reported $362.0 million in revenue and $305.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $73.69 went to program services, $21.31 to management and general costs and $5.00 to fundraising. Its largest source of revenue was investment income: 49.3% of the total. The highest compensation it reported for one person was $2,426,708 (Director/Ex-Officio Trustee). 291 people received more than $100,000 in reportable compensation. Revenue rose 38% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $305M

Program services$73.69 $225M
Management & general$21.31 $65M
Fundraising$5.00 $15M

For context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $362M

Contributions & grants (non-government)$26.55 $96M
Program service revenue$12.30 $45M
Investment income$49.32 $179M
Other revenue$11.83 $43M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
Measure	FY2025	Median
Program services Part IX 25(B) ÷ 25(A)	73.7%	78.5%
Management & general Part IX 25(C) ÷ 25(A)	21.3%	13.6%
Fundraising Part IX 25(D) ÷ 25(A)	5.0%	6.0%
Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h	$0.16	$0.10
Contributions & grants share of revenue Part VIII 1h ÷ 12	26.6%	57.5%
Government grants share of revenue Part VIII 1e ÷ 12	0.0%	1.7%
Program service revenue share Part VIII 2g ÷ 12	12.3%	20.8%
Highest reported compensation Part VII-A, columns D–F	$2,426,708	$385,706
Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A)	0.79%	2.03%
People paid over $100,000 Part VII, line 2	291	8
Net assets, in months of expenses Part X 33(B) ÷ monthly expenses	90.8	36.6
Independent voting board members Part VI 1a–1b	59 of 59	100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense

$157M expenses · 70.0% of program spending · grants $2.2M · revenue $71M

Museum Operations - Curatorial and curatorial support departments include conservation, learning and engagement programming, exhibitions, creative, publications, library and archives. The Museum was founded in 1929 as an educational institution and maintains a vast breadth of educational programming, which increased in the years after the openings of the renovations and expansions in 2004, 2006, and 2019. (Continued in Schedule O)

$26M expenses · 11.3% of program spending · revenue $3.1M

Acquisitions and deaccessions pertaining to the collection - In FY 2025, approximately 833 works were added to this collection, both by donation and by purchase

$42M expenses · 18.7% of program spending

Security, operations, and maintenance of exhibition galleries and art collection

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here

Role	From this org	From related orgs	Other	Total
Director/Ex-Officio Trustee Officer, 50.00 hrs/week	$1,656,878	$0	$769,830	$2,426,708
Chief Investment Officer Key employee, 50.00 hrs/week	$1,622,349	$0	$72,406	$1,694,755
COO/Assistant Treasurer (Thru 6/25) Officer, 50.00 hrs/week	$1,456,427	$0	$140,360	$1,596,787
Managing Director, Investments Highest compensated employee, 50.00 hrs/week	$1,029,326	$0	$52,575	$1,081,901
General Counsel/Secretary Officer, 50.00 hrs/week	$630,254	$0	$48,974	$679,228
Chief Curator-Painting & Sculpture Key employee, 50.00 hrs/week	$485,598	$0	$156,810	$642,408
Dir. Real Estate and Construction Highest compensated employee, 50.00 hrs/week	$559,258	$0	$64,406	$623,664
Sr. Deputy Dr of External Affairs Key employee, 50.00 hrs/week	$501,335	$0	$112,085	$613,420

291 people received more than $100,000 in reportable compensation from Museum of Modern Art (Part VII, line 2). Compensation of current officers, directors and key employees totaled $17M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked

RevenueExpenses

Filing	Revenue	Expenses	Programs	Net assets	Top pay
FY2025 ⓘ	$362M	$305M	73.7%	$2.31B	$2,426,708
FY2024 ⓘ	$325M	$299M	72.5%	$2.25B	$2,354,706
FY2023 ⓘ	$237M	$281M	73.9%	$2.11B	$2,257,486
FY2022 ⓘ	$265M	$248M	73.3%	$2.03B	$2,002,367
FY2021 ⓘ	$252M	$236M	69.8%	$2.20B	$2,538,423
FY2020 ⓘ	$262M	$271M	72.3%	$1.85B	$2,850,758

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means

Voting board members, and how many are independent Part VI, lines 1a–1b59 · 59 independent
Audited financial statements Part XII 2bYes
Conflict-of-interest policy Part VI 12aYes
Whistleblower policy Part VI 13Yes
Document retention policy Part VI 14Yes
Independent process for top executive pay Part VI 15aYes
Board given the 990 before filing Part VI 11aYes
Family or business ties among insiders Part VI 2No
Aware of a significant diversion of assets Part VI 5No
Excess benefit transaction with an insider Part IV 25aNo
Loans to or from insiders outstanding Part IV 26No
Lobbying, or a 501(h) election in effect Part IV 4Yes
Over $15,000 of professional fundraising services Part IV 18No
Over $10,000 of activity outside the U.S. Part IV 14bYes
Employees Part I, line 51,271

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only

Radial Inc Retail distrib center/fulfillment MGMT	$5,551,984
Serino Coyne LLC Marketing agency	$3,512,970
Collins Building Services Inc Janitorial Cleaning	$2,945,535
Masterpiece International Limited LLC Art Transport	$1,219,141
IMEREX INC Advertising	$1,024,311

Individuals listed as contractors are left out. 63 contractors were paid more than $100,000 in all.

Private foundation grants it received

349 private foundations reported grants to Museum of Modern Art totaling $63M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Museum of Modern Art's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Museum of Modern Art, you can publish a response that is linked from this page.

Report a correction Respond as Museum of Modern Art How this works

Similar-sized charities in this cause

National Public Radio
Washington, DC · revenue $354M · programs 65.0% · FY2025
Crystal Stairs
Los Angeles, CA · revenue $376M · programs 97.2% · FY2025
Trust for the National Mall
Washington, DC · revenue $322M · programs 99.3% · 2025
National Gallery of Art
Landover, MD · revenue $383M · programs 71.1% · FY2025
Harvard Business School Publishing Corporation
Brighton, MA · revenue $314M · programs 93.5% · FY2025

All arts, culture & humanities charities · Largest charities in New York

Questions people ask

How much of Museum of Modern Art's spending goes to programs?

In the fiscal year ending June 30, 2025, Museum of Modern Art reported that 73.7% of its $305.3 million in expenses went to program services, 21.3% to management and general and 5.0% to fundraising (Form 990, Part IX).

How much does Museum of Modern Art pay its top executive?

The largest total compensation Museum of Modern Art reported for one person in the fiscal year ending June 30, 2025 was $2,426,708, for the role of Director/Ex-Officio Trustee (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Museum of Modern Art get its money?

Of $362.0 million in revenue in the fiscal year ending June 30, 2025, 26.6% came from contributions and grants and 12.3% from program service revenue (Form 990, Part VIII).

Is Museum of Modern Art a registered charity?

The IRS lists EIN 13-1624100 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631339349300538 · read the filing
FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521349349310217 · read the filing
FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411359349308746 · read the filing
FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349302904 · read the filing
FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201339349308565 · read the filing
FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121379349301287 · read the filing

All filings for EIN 13-1624100: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.