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Storm King Art Center
Storm King Art Center reported $14.7 million in revenue and $9.3 million in expenses for calendar year 2024. Of every $100 it spent, $76.19 went to program services, $11.08 to management and general costs and $12.73 to fundraising. Its largest source of revenue was contributions and grants: 65.8% of the total. The highest compensation it reported for one person was $370,815 (PRESIDENT). 7 people received more than $100,000 in reportable compensation. Revenue rose 26% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $9.3MFor 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
Calendar year 2024 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 76.2% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.1% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 12.7% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.12 | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 65.8% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 16.7% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $370,815 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.98% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 7 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 108.0 | 36.6 |
| Independent voting board members Part VI 1a–1b | 24 of 25 | 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
2024 · Form 990, Part III · the three largest programs by expenseMuseum exhibitions and operations: Storm King displays, interprets, and selectively collects significant modern and contemporary artwork. Storm King's display includes works from its collection, site-specific commissions, long-term loans, and annual exhibitions
Education: through its education department and public programs, Storm King invites visitors of all ages to participate and experience art and nature. Deeper learning and research is made possible through a wide range of partnerships, publications, and archival initiatives
Collection conservation: Storm King is committed to conserving its collection for long-term display outdoors and for educational opportunities for our growing audience. To this end, Storm King strives to maintain the highest standards of site security, environmental control, and conservation practices
Highest reported compensation
2024 · 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 |
|---|---|---|---|---|
| PRESIDENT Director/trustee, officer, 40.00 hrs/week | $361,584 | $0 | $9,231 | $370,815 |
| CHIEF OPERATING OFFICER Officer, 40.00 hrs/week | $213,090 | $0 | $36,847 | $249,937 |
| ART. DIR. / CHIEF CURATOR Officer, 40.00 hrs/week | $179,552 | $0 | $35,929 | $215,481 |
| DEP. DIR./STRATEGIC PLAN Highest compensated employee, 40.00 hrs/week | $176,924 | $0 | $35,842 | $212,766 |
| DIR. FAC.& CONSERVATION Highest compensated employee, 40.00 hrs/week | $119,176 | $0 | $34,266 | $153,442 |
| DIR. OF DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $143,852 | $0 | $4,310 | $148,162 |
| ASSISTANT TREASURER Officer, 40.00 hrs/week | $120,347 | $0 | $3,664 | $124,011 |
7 people received more than $100,000 in reportable compensation from Storm King Art Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $960K (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
2024 · 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–1b25 · 24 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 2Yes
- 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 4No
- 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 5109
- Volunteers Part I, line 625
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| CONSIGLI CONSTRUCTION COMPANY INC Construction manager | $23,253,968 |
| ENVOIE PROJECTS Owner representative | $268,750 |
| BURO HAPPOLD CONSULTING ENGINEERS Engineers | $227,808 |
Individuals listed as contractors are left out. 9 contractors were paid more than $100,000 in all.
Private foundation grants it received
55 private foundations reported grants to Storm King Art Center totaling $2.6M 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 Storm King Art Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Storm King Art Center, you can publish a response that is linked from this page.
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Of every $100 Storm King Art Center spent in 2024, $76.19 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Parrish Art MuseumWater Mill, NY · revenue $15M · programs 76.3% · 2024
- Capital ConcertsWashington, DC · revenue $15M · programs 93.8% · 2024
- McCarter Theatre CompanyPrinceton, NJ · revenue $15M · programs 83.5% · FY2025
- The Philadelphia Cultural FundPhiladelphia, PA · revenue $15M · programs 95.1% · FY2025
- Honolulu Museum of ArtHonolulu, HI · revenue $15M · programs 63.3% · FY2025
All arts, culture & humanities charities · Largest charities in New York
Questions people ask
How much of Storm King Art Center's spending goes to programs?
In calendar year 2024, Storm King Art Center reported that 76.2% of its $9.3 million in expenses went to program services, 11.1% to management and general and 12.7% to fundraising (Form 990, Part IX).
How much does Storm King Art Center pay its top executive?
The largest total compensation Storm King Art Center reported for one person in calendar year 2024 was $370,815, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Storm King Art Center get its money?
Of $14.7 million in revenue in calendar year 2024, 65.8% came from contributions and grants and 16.7% from program service revenue (Form 990, Part VIII).
Is Storm King Art Center a registered charity?
The IRS lists EIN 14-1457573 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
- 2024: Form 990 for calendar year 2024, object 202523109349302667 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443129349302879 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313139349304521 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223139349302202 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103159349302305 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023159349301522 · read the filing
All filings for EIN 14-1457573: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.