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
Andrew W. Mellon FoundationTo Support New Inc's New Director Salome Asega's Vision Including Growing Staff Capacity, Enhancing the Membership Model, and Growing the Reach of Each Artist's Venture$975,000
Edlis-Neeson FoundationUnrestricted$605,700
The Hermine and David Heller FoundationSupport for Digital Initiatives and New Inc.$400,000
...and 89 more grants received totalling $6,094,502

Personnel at New Museum of Contemporary Art

NameTitleCompensation
Dennis SzakacsChief Operating Officer$213,536
Regan GrusyChief of Staff and Vice President of Strateg$289,407
Richard DrysdaleVice President of Finance and Admi$206,562
Diane VivonaVice President for Advancement$187,127
Ed RuschaExecutive Director
...and 17 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
2023-062024-02-19990View PDF
2022-062023-02-17990View PDF
2021-062022-05-10990View PDF
2020-062021-05-18990View PDF
2019-062021-05-05990View PDF
...and 12 more Form 990s

Organizations like New Museum of Contemporary Art

OrganizationLocationRevenue
Brooklyn MuseumBrooklyn, NY$50,937,193
Minneapolis Institute of ArtMinneapolis, MN$63,903,670
San Francisco Museum of Modern ArtSan Francisco, CA$61,181,812
Studio Museum in HarlemNew York, NY$47,220,609
Fine Arts Museums of San FranciscoSan Francisco, CA$54,270,467
Columbus Museum of Art (CMA)Columbus, OH$20,311,634
Queens MuseumQueens, NY$6,191,125
San Jose Museum of Art AssociationSan Jose, CA$5,864,094
Dallas Museum of ArtDallas, TX$27,819,412
Phoenix Art MuseumPhoenix, AZ$10,338,592
Data update history
August 10, 2024
Received grants
Identified 20 new grant, including a grant for $605,700 from Edlis-Neeson Foundation
June 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 22, 2024
Updated personnel
Identified 5 new personnel
May 20, 2024
Used new vendors
Identified 4 new vendors, including , , , and
May 18, 2024
Received grants
Identified 12 new grant, including a grant for $400,000 from The Hermine and David Heller Foundation
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 donationsAccepts online 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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