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Rubin Museum of Art Aka the Shelley & Donald Rubin Cultural Trust

New York, NY · EIN 22-6799567 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Rubin Museum of Art Aka the Shelley & Donald Rubin Cultural Trust reported $15.6 million in revenue and $17.4 million in expenses for calendar year 2024. Of every $100 it spent, $67.06 went to program services, $26.29 to management and general costs and $6.65 to fundraising. Its largest source of revenue was investment income: 75.3% of the total. The highest compensation it reported for one person was $387,557 (CHIEF FINANCIAL & OPERATING OFFICER). 16 people received more than $100,000 in reportable compensation. Revenue rose 39% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $17M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 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 $16M

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

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
67.1%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
26.3%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
6.6%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.62$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
11.9%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
1.1%0.0%
Program service revenue share
Part VIII 2g ÷ 12
4.4%0.0%
Highest reported compensation
Part VII-A, columns D–F
$387,557$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.22%1.56%
People paid over $100,000
Part VII, line 2
163
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
136.756.6
Independent voting board members
Part VI 1a–1b
15 of 15100.0%

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 expense
$6.5M expenses · 55.8% of program spending · revenue $559K

Collections and exhibitions:in 2024, in addition to the permanent exhibitions, visitors encountered the special exhibition reimagine: himalayan art now, which presented the work of thirty-two contemporary artists from the himalayas, asia, and diaspora in dialogue with objects from the rubin's collection. In october, the exhibition traveled to wrightwood 659 in chicago where it introduced even more people to new ways of understanding himalayan art. The rubin continued the national tour of the collection exhibition gateway to himalayan art, stopping at the university of florida and the…

$2.3M expenses · 19.4% of program spending · grants $229K · revenue $89,963

Public programs and visitor engagement:the rubin's public programs offer diverse audiences meaningful ways to engage with the art and cultures of the himalayas. In 2024, adult workshops and talks centered on the unifying theme of reframe, inspired by the buddhist concept of non-attachment, sparking conversations on how releasing attachments can create space for new ways of seeing, thinking, and being. Himalayan heritage programs provided insights into the art, cultures, and sacred traditions of the himalayan region, and weekly mindfulness meditation sessions invited participants to find…

$1.7M expenses · 14.9% of program spending

Public relations and marketing (digital and analog sharing):in 2024, the rubin reached a growing and connected global audience through our digital initiatives. We launched a partnership with smarthistory, the most-visited art history resource in the world, to create accessible videos about objects in our collection; published videos that introduced audiences to contemporary himalayan artists; received 376,500 downloads of our awaken and mindfulness meditation podcasts around the world; and published the eighth edition of spiral, our free annual print and online magazine. The rubin's impact…

$1.2M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CHIEF FINANCIAL & OPERATING OFFICER
Officer, 40.00 hrs/week
$306,552$0$81,005$387,557
CHIEF PROGRAMMATIC OFFICER
Key employee, 40.00 hrs/week
$264,284$0$70,387$334,671
DIRECTOR OF CURATORIAL ADMIN & COLLECTIONS
Highest compensated employee, 40.00 hrs/week
$192,319$0$55,574$247,893
DIRECTOR OF DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$190,353$0$51,739$242,092
DIRECTOR OF EXPERIENCE & INTERPRETATION
Highest compensated employee, 40.00 hrs/week
$175,127$0$40,262$215,389
DIRETOR OF MARKETING & COMMUNICATIONS
Highest compensated employee, 40.00 hrs/week
$174,323$0$20,158$194,481
HEAD OF HUMAN RESOURCES
Highest compensated employee, 40.00 hrs/week
$133,810$0$10,570$144,380

16 people received more than $100,000 in reportable compensation from Rubin Museum of Art Aka the Shelley & Donald Rubin Cultural Trust (Part VII, line 2). Compensation of current officers, directors and key employees totaled $649K (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
$0$10M$20M$30M$40M201920202021202220232024$16M$17M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$16M$17M67.1%$199M$387,557
2023 ⓘ$12M$15M63.0%$192M$365,381
2022 ⓘ$8.2M$14M63.7%$176M$353,529
2021 ⓘ$21M$12M62.0%$218M$278,969
2020 ⓘ$11M$12M59.1%$203M$392,186
2019 ⓘ$11M$16M63.8%$186M$420,319

Governance 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–1b15 · 15 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 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 567
  • Volunteers Part I, line 655

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
ALLIED UNIVERSAL SECURITY SERVICES
Contract security services
$570,214
NEW PROJECT LLC
Fabrication, installation/de-installatio
$459,817
VAJRADHATU GMBH
Executive director consultant
$448,000
UOVO LLC
Art storage
$424,573
US ART
Art shipping
$345,238

Individuals listed as contractors are left out. 15 contractors were paid more than $100,000 in all.

Private foundation grants it received

24 private foundations reported grants to Rubin Museum of Art Aka the Shelley & Donald Rubin Cultural Trust totaling $487K 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 Rubin Museum of Art Aka the Shelley & Donald Rubin Cultural Trust's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Rubin Museum of Art Aka the Shelley & Donald Rubin Cultural Trust, you can publish a response that is linked from this page.

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Questions people ask

How much of Rubin Museum of Art Aka the Shelley & Donald Rubin Cultural Trust's spending goes to programs?

In calendar year 2024, Rubin Museum of Art Aka the Shelley & Donald Rubin Cultural Trust reported that 67.1% of its $17.4 million in expenses went to program services, 26.3% to management and general and 6.6% to fundraising (Form 990, Part IX).

How much does Rubin Museum of Art Aka the Shelley & Donald Rubin Cultural Trust pay its top executive?

The largest total compensation Rubin Museum of Art Aka the Shelley & Donald Rubin Cultural Trust reported for one person in calendar year 2024 was $387,557, for the role of CHIEF FINANCIAL & OPERATING OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Rubin Museum of Art Aka the Shelley & Donald Rubin Cultural Trust get its money?

Of $15.6 million in revenue in calendar year 2024, 11.9% came from contributions and grants (including 1.1% from government grants) and 4.4% from program service revenue (Form 990, Part VIII).

Is Rubin Museum of Art Aka the Shelley & Donald Rubin Cultural Trust a registered charity?

The IRS lists EIN 22-6799567 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 202522869349300607 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202442559349301804 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333119349301663 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243089349303114 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123139349303912 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003089349302750 · read the filing

All filings for EIN 22-6799567: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.