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New Museum of Contemporary Art
New Museum of Contemporary Art reported $25.7 million in revenue and $18.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $80.64 went to program services, $7.59 to management and general costs and $11.77 to fundraising. Its largest source of revenue was contributions and grants: 87.5% of the total. The highest compensation it reported for one person was $874,548 (TOBY DEVAN LEWIS DIRECTOR). 27 people received more than $100,000 in reportable compensation. Revenue rose 119% 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 $19MFor 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 $26MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.6% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.6% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 11.8% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.10 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 87.5% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.8% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 7.0% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $874,548 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.67% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 27 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 78.0 | 36.6 |
| Independent voting board members Part VI 1a–1b | 51 of 51 | 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 expenseExhibitions and special projects reflect the New Museum's enduring commitment to encouraging new work by a diverse range of emerging and established international artists. Programs change regularly and encapsulate the New Museum's philosophy of openness and fearlessness, as well as our history, as the home of socially committed Contemporary Art
New inc, the first museum-led incubator, is a shared workspace and professional development program designed to support creative practitioners working in the areas of art, technology, and design
Through the department of education and public engagements research and development seasons, the New Museum's public programming connects various projects in the museum, theater, 5th floor gallery, and resource center around a new organizing theme each fall and spring. Additionally, a wide range of exhibition-related programs include film screenings, talks with artists and scholars, conferences, performances, and live music that takes place in the New Museum theater
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 |
|---|---|---|---|---|
| TOBY DEVAN LEWIS DIRECTOR Officer, 40.0 hrs/week | $825,030 | $0 | $49,518 | $874,548 |
| ARTISTIC DIRECTOR Officer, 40.0 hrs/week | $417,070 | $0 | $13,861 | $430,931 |
| DEPUTY DIRECTOR Officer, 40.0 hrs/week | $339,402 | $0 | $16,208 | $355,610 |
| DIR. OF CAMPAIGN ADVANCEMENT Key employee, 40.0 hrs/week | $249,870 | $0 | $16,273 | $266,143 |
| CHIEF OPERATING OFFICER Officer, 40.0 hrs/week | $241,584 | $0 | $22,028 | $263,612 |
| VP, FINANCE & ADMINISTRATION Officer, 40.0 hrs/week | $226,227 | $0 | $12,948 | $239,175 |
| VP FOR ADVANCEMENT Key employee, 40.0 hrs/week | $203,477 | $0 | $34,568 | $238,045 |
| DEVELOPMENT DIRECTOR & VP INTERNATIONAL PARTNERSHIPS Key employee, 40.0 hrs/week | $225,062 | $0 | $0 | $225,062 |
27 people received more than $100,000 in reportable compensation from New Museum of Contemporary Art (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.3M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b51 · 51 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 14bNo
- Employees Part I, line 5149
- Volunteers Part I, line 653
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| FJ SCIAME CONSTRUCTION CO Construction | $25,081,890 |
| COOPER ROBERTSON & PARTNERS Architecture | $1,535,627 |
| PML LLC Project management services | $315,000 |
Individuals listed as contractors are left out. 11 contractors were paid more than $100,000 in all.
Private foundation grants it received
37 private foundations reported grants to New Museum of Contemporary Art totaling $4.7M 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 New Museum of Contemporary 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 New Museum of Contemporary Art, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 New Museum of Contemporary Art spent in FY2025, $80.64 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Houston Arts AllianceHouston, TX · revenue $25M · programs 96.6% · 2024
- National Comedy Center OperatorJamestown, NY · revenue $26M · programs 64.8% · 2024
- Mystic Seaport MuseumMystic, CT · revenue $25M · programs 57.0% · 2024
- American Repertory Theatre CoCambridge, MA · revenue $26M · programs 79.0% · FY2025
- Center for Cultural InnovationLos Angeles, CA · revenue $25M · programs 95.3% · FY2025
All arts, culture & humanities charities · Largest charities in New York
Questions people ask
How much of New Museum of Contemporary Art's spending goes to programs?
In the fiscal year ending June 30, 2025, New Museum of Contemporary Art reported that 80.6% of its $18.7 million in expenses went to program services, 7.6% to management and general and 11.8% to fundraising (Form 990, Part IX).
How much does New Museum of Contemporary Art pay its top executive?
The largest total compensation New Museum of Contemporary Art reported for one person in the fiscal year ending June 30, 2025 was $874,548, for the role of TOBY DEVAN LEWIS DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does New Museum of Contemporary Art get its money?
Of $25.7 million in revenue in the fiscal year ending June 30, 2025, 87.5% came from contributions and grants (including 4.8% from government grants) and 7.0% from program service revenue (Form 990, Part VIII).
Is New Museum of Contemporary Art a registered charity?
The IRS lists EIN 13-2986881 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 202640719349301009 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202540809349300124 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202440509349300734 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202320489349301012 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201309349301880 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121309349303757 · read the filing
All filings for EIN 13-2986881: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.