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Ps 1 Contemporary Art Center

Also known as Moma PS1

Long Island City, NY · EIN 23-7379091 · 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

Ps 1 Contemporary Art Center reported $15.2 million in revenue and $13.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $75.15 went to program services, $16.10 to management and general costs and $8.75 to fundraising. Its largest source of revenue was contributions and grants: 93.6% of the total. Government grants made up 7.3%. The highest compensation it reported for one person was $679,228 (SECRETARY). 10 people received more than $100,000 in reportable compensation. Revenue rose 16% 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 $13M

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 $15M

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

FY2025 filing. Median across 876 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
75.2%78.5%
Management & general
Part IX 25(C) ÷ 25(A)
16.1%13.6%
Fundraising
Part IX 25(D) ÷ 25(A)
8.7%6.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.08$0.10
Contributions & grants share of revenue
Part VIII 1h ÷ 12
93.6%57.5%
Government grants share of revenue
Part VIII 1e ÷ 12
7.3%1.7%
Program service revenue share
Part VIII 2g ÷ 12
5.2%20.8%
Highest reported compensation
Part VII-A, columns D–F
$679,228$385,706
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
5.12%2.03%
People paid over $100,000
Part VII, line 2
108
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.436.6
Independent voting board members
Part VI 1a–1b
31 of 32100.0%

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
$9.1M expenses · 91.5% of program spending

Exhibitionsmoma ps1 presents the work of emerging artists, established artists working in new genres, and overall, presenting to the public works of Contemporary Art that are engaging, challenging, and ground-breaking artwork in a unique, accessible venue

$759K expenses · 7.6% of program spending · revenue $735K

Live programssince its founding in 1976, moma ps1 has offered audiences one of the most extensive programs of live performance in the world. Moma ps1's pioneering outdoor music series warm up is one of the longest running music programs housed within a museum. As an integral part of moma ps1's curatorial program for more than 25 years, warm up seeks to elevate innovative voices: emerging and established, local and global, and across genres

$93,113 expenses · 0.9% of program spending · revenue $60,874

Events & retailmoma ps1 houses a cafe and bookstore, each managed by a 3rd party vendor

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
SECRETARY
Director/trustee, officer, 1.00 hrs/week
$0$630,254$48,974$679,228
DIRECTOR
Officer, 50.00 hrs/week
$458,907$0$18,286$477,193
DEPUTY DIRECTOR
Officer, 50.00 hrs/week
$213,200$0$28,803$242,003
DIR. OF EXTERNAL AFFAIRS
Highest compensated employee, 50.00 hrs/week
$149,254$0$19,487$168,741
DIR. OF CURATORIAL
Highest compensated employee, 50.00 hrs/week
$143,577$0$24,725$168,302
CHIEF FINANCIAL OFFICER
Officer, 50.00 hrs/week
$148,102$0$19,517$167,619
DIRECTOR OF DEVELOPMENT
Highest compensated employee, 50.00 hrs/week
$135,764$0$7,400$143,164
EXHIBITION DESIGNER
Highest compensated employee, 50.00 hrs/week
$120,878$0$21,764$142,642

10 people received more than $100,000 in reportable compensation from Ps 1 Contemporary Art Center (Part VII, line 2). Compensation of current officers, directors and key employees totaled $891K (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$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$15M$13M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$15M$13M75.2%$8.2M$679,228
FY2024 ⓘ$11M$12M75.2%$6.3M$606,707
FY2023 ⓘ$12M$11M72.0%$7.6M$589,663
FY2022 ⓘ$9.7M$10M74.9%$6.3M$580,268
FY2021 ⓘ$9.6M$7.6M77.5%$7.0M$386,758
FY2020 ⓘ$13M$10M78.4%$4.9M$238,236

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–1b32 · 31 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 5132
  • Volunteers Part I, line 632

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
UNIVERSAL PROTECTION SERVICE LP
Building security
$1,374,566
STRONGHOLD INDUSTRIES LLC
Programmingprogramming
$257,737
EMBISHOP HOLDINGS LLCEMBISHOP HOLD
Consulting and coaching
$128,329
NY TENT LLC
Equipment rental
$101,453

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

8 private foundations reported grants to Ps 1 Contemporary Art Center totaling $3.4M 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 Ps 1 Contemporary 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 Ps 1 Contemporary Art Center, you can publish a response that is linked from this page.

Similar-sized charities in this cause

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

Questions people ask

How much of Ps 1 Contemporary Art Center's spending goes to programs?

In the fiscal year ending June 30, 2025, Ps 1 Contemporary Art Center reported that 75.2% of its $13.3 million in expenses went to program services, 16.1% to management and general and 8.7% to fundraising (Form 990, Part IX).

How much does Ps 1 Contemporary Art Center pay its top executive?

The largest total compensation Ps 1 Contemporary Art Center reported for one person in the fiscal year ending June 30, 2025 was $679,228, for the role of SECRETARY (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Ps 1 Contemporary Art Center get its money?

Of $15.2 million in revenue in the fiscal year ending June 30, 2025, 93.6% came from contributions and grants (including 7.3% from government grants) and 5.2% from program service revenue (Form 990, Part VIII).

Is Ps 1 Contemporary Art Center a registered charity?

The IRS lists EIN 23-7379091 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 202631329349303048 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541359349313234 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349312759 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341359349306579 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349308177 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121349349302542 · read the filing

All filings for EIN 23-7379091: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.