Museum Of Modern Art: $236.7M Revenue, $280.7M Expenses
New York, New York · EIN 131624100 · Filing year 2023
Museum Of Modern Art reported $236.7M in total revenue, $280.7M in total expenses, and $2.5B in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $13.3M (5.64% of revenue). NonprofitTruth efficiency grade: F (28/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $236.7M
- Total Expenses
- $280.7M
- Total Assets
- $2.5B
- Reserve Months
- 106.5 months
- Surplus / (Deficit)
- $-43,988,788
- EIN
- 131624100
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $13.3M
- Officer Comp % of Revenue
- 5.64%
Museum Of Modern Art grades an F: the lowest bracket on the efficiency rubric. 28/100 composite, with multiple factors below the national benchmarks — usually a combination of precarious reserves, declining or erratic revenue, and officer compensation that runs high relative to size.
Annual revenue at Museum Of Modern Art runs $236.7M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. On the financial-health factor, Museum Of Modern Art runs thin — assets relative to annual spending fall below the cushion nonprofit-finance experts typically recommend.
Revenue has declined meaningfully over the five-year filing window — a pattern that warrants attention to underlying funding sustainability. Museum Of Modern Art's 2023 revenue is materially below its earlier filings. Officer compensation is on the higher side of the band typical for nonprofits this size: $13.3M in total current-officer compensation against $236.7M in revenue. Not necessarily inappropriate — large healthcare systems and university systems often pay competitively with for-profit equivalents — but worth reading in context. Museum Of Modern Art sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.
How Museum Of Modern Art Compares
Museum Of Modern Art earns a NonprofitTruth efficiency grade of F (28/100). That is 28 points below the Arts, Culture & Humanities category average. Compensation for current officers and key employees represents 5.64% of total revenue. The organization holds 106.5 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Museum Of Modern Art reported $236.7M in revenue against $280.7M in total functional expenses for filing year 2023, holding roughly 106.5 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $13.3M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 5.64% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Museum Of Modern Art has a NonprofitTruth Efficiency Score of F (28/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Museum Of Modern Art, Donor FAQ
Museum Of Modern Art has a NonprofitTruth Efficiency Score of F (28/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Museum Of Modern Art reports $13.3M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 5.64% of the organization's $236.7M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Museum Of Modern Art reported $236.7M in annual revenue and $280.7M in total expenses for filing year 2023. The organization holds $2.5B in total assets.
Museum Of Modern Art holds approximately 106.5 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its F efficiency grade.
Museum Of Modern Art is a registered 501(c) organization with EIN 131624100, based in New York, New York. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Arts, Culture & Humanities Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.