EIN 13-2986881

New Museum of Contemporary Art

IRS 501(c) type
501(c)(3)
Num. employees
186
Year formed
1977
Most recent tax filings
2023-06-01
NTEE code, primary
Description
See scheule ofounded in 1977, the New Museum is the only Museum devoted exclusively to Contemporary Art in New york and is one of the leading Contemporary Art musuem worldwide. Our mission is simply "New Art, New ideas.".
Total revenues
$22,785,608
2023
Total expenses
$19,314,507
2023
Total assets
$114,572,555
2023
Num. employees
186
2023

Program areas at New Museum of Contemporary Art

Exhibitions 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.
Bookstore

Who funds New Museum of Contemporary Art

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,169,235
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,169,235
The Hermine and David Heller FoundationSupport the 2021 Gala$985,000
...and 81 more grants received totalling $8,733,427

Personnel at New Museum of Contemporary Art

NameTitleCompensation
Richard DrysdaleVice President of Finance$181,054
Ed RuschaExecutive Director
Lisa Phillips, TobyDirector, Ex Officio
James-Keith BrownPresident$0
Alexandra BowesBoard Member$0
...and 4 more key personnel

Financials for New Museum of Contemporary Art

RevenuesFYE 06/2023
Total grants, contributions, etc.$16,763,062
Program services$2,807,258
Investment income and dividends$490,870
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$221,837
Net gain from sale of non-inventory assets$964,392
Net income from fundraising events$-228,700
Net income from gaming activities$0
Net income from sales of inventory$1,135,426
Miscellaneous revenues$631,463
Total revenues$22,785,608

Form 990s for New Museum of Contemporary Art

Fiscal year endingDate received by IRSFormPDF link
2022-062023-02-17990View PDF
2021-062022-05-10990View PDF
2020-062021-05-18990View PDF
2019-062021-05-05990View PDF
2019-062021-01-21990View PDF
...and 11 more Form 990s
Data update history
April 23, 2024
Updated personnel
Identified 13 new personnel
February 4, 2024
Received grants
Identified 30 new grant, including a grant for $975,000 from Andrew W. Mellon Foundation
October 23, 2023
Received grants
Identified 13 new grant, including a grant for $140,140 from The Lazarus Charitable Trust
August 19, 2023
Received grants
Identified 57 new grant, including a grant for $985,000 from The Hermine and David Heller Foundation
August 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsHeadquarter / parent organizationsCharities
Issues
Arts, cultural, and humanities
Characteristics
MembershipsPolitical advocacyLobbyingFundraising eventsState / local levelReceives government fundingEndowed supportGala fundraisersTax deductible donations
General information
Address
235 Bowery
New York, NY 10002
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
newmuseum.org/ 
Phone
(212) 219-1222
Facebook page
newmuseum 
Twitter profile
@newmuseum 
IRS details
EIN
13-2986881
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A51: Art Museums
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Central organization
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