EIN 13-3540880

Museum of American Finance (MoAF)

IRS 501(c) type
501(c)(3)
Num. employees
9
Year formed
1982
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Museum of American Finance is the nation’s only public museum dedicated to preserving, exhibiting and teaching about finance and financial history.
Total revenues
$1,410,380
2023
Total expenses
$1,649,745
2023
Total assets
$463,184
2023
Num. employees
9
2023

Program areas at MoAF

Collection and exhibition programsin 2023, the Museum showcased objects from its collections at several locations and completed the first phase of a major initiative to digitize its extensive archives. In january, the Museum loaned one of the highlights of its 18th century collection to the us capitol visitor center in Washington, dc, for an exhibit titled "e pluribus unum: out of many, one." The exhibit, which was on view through july, featured the us bond certificate signed by patrick henry for $416.04 of "assumed debt," dated november 1792. In october, the Museum displayed highlights from its collection to attendees of the international money exhibition in nashville, tn, which attracted thousands of visitors from around the world.also in 2023, the Museum and its archival preservation partner, heritage werks, completed phase one of the wide-ranging, multi-year collection digitization initiative, which was made possible through support received from previous galas and generous donations from moaf board members. The moaf collection relocated to an archival facility in Georgia, where it was processed, evaluated and prioritized for high resolution scanning and meta-tagging. More than 2,500 of the highest priority objects were scanned, with the scanning process continuing in 2024. This initiative will make the collection more accessible for both digital and physical exhibitions, including the Museum's official traveling exhibit, which will be available in the first half of 2024.
Community outreach and educationfinancial education is at the heart of the Museum's mission, and more than 112,000 students have participated in its education programs since 2009. A highlight of the Museum's educational initiatives is the Museum Finance academy (mfa), a unique personal Finance certificate course offered free of charge to high school juniors and seniors. The program which is currently presented in an online format provides a foundation in personal Finance. This program is offered in the spring and fall, with the opportunity for the top-achieving students to earn partial college scholarships. This past july, the Museum expanded the mfa with a pilot program in partnership with the new york public library that reached 642 students.the Museum also offers a robust series of more than 30 public events per year. Among the distinguished participants are nobel laureates and industry leaders, as well as award-winning authors. Much of the Museum's programming shifted to a virtual format in march 2020, leading to an expanded number of events and a four-fold increase in attendance. In 2023, programs were offered in both in-person and virtual formats. Featured speakers included daron acemoglu, rob arnott, alan blinder, david booth, leon cooperman, cheryl strauss einhorn, eugene fama, mario gabelli, diana henriques, edmund phelps, pulak prasad, among many others. The majority of the Museum's programs are presented in partnership with the fordham university gabelli center for global security analysis. In 2023, the Museum also continued its partnership with the new york public library's thomas yoseloff business center on a free financial education series for adults, titled "investing a to z," as well as a free series on retirement planning, titled "retirement a to z." Both of these programs attracted large national and international audiences in 2023 with more than 5,000 total participants and continue in 2024.

Who funds Museum of American Finance (MoAF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
FJC - A Foundation of Philanthropic FundsGeneral Operating Support$205,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$54,500
National Philanthropic TrustCulture & Arts$27,000
...and 10 more grants received

Personnel at MoAF

NameTitleCompensation
David CowenPresident and Chief Executive Officer$210,000
Linda RapackiManaging Director of Business Operations , Visitor Services and Education$108,500
Mindy S. RossDirector , External Relations$157,500
Maura FergusonDirector of Exhibits
Sanford F. CrystalTreasurer$0
...and 4 more key personnel

Financials for MoAF

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,517,994
Program services$3,870
Investment income and dividends$3,796
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-115,280
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,410,380

Form 990s for MoAF

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-06990View PDF
2022-122023-10-30990View PDF
2021-122022-09-20990View PDF
2020-122021-11-12990View PDF
2019-122021-03-02990View PDF
...and 9 more Form 990s
Data update history
December 25, 2024
Updated personnel
Identified 1 new personnel
December 24, 2024
Received grants
Identified 1 new grant, including a grant for $5,000 from Harrison Foundation XXXXX3001
October 15, 2024
Updated personnel
Identified 2 new personnel
July 15, 2024
Received grants
Identified 4 new grant, including a grant for $205,000 from FJC - A Foundation of Philanthropic Funds
December 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsCharities
Issues
Arts, cultural, and humanities
Characteristics
Fundraising eventsEndowed supportGala fundraisersTax deductible donationsAccepts online donations
General information
Address
222 Broadway 19th FL
New York, NY 10038
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
moaf.org/ 
Phone
(212) 908-4110
Facebook page
FinanceMuseum 
Twitter profile
@financemuseum 
IRS details
EIN
13-3540880
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1982
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A50: Museums
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent
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