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Arts, Culture & Humanities · 2023 Form 990

The Metropolitan Museum Of Art: $761.5M Revenue, $327.8M Program Expenses

New York, New York · EIN 131624086 · Filing year 2023

The Metropolitan Museum Of Art reported $761.5M in total revenue, $420.2M in total expenses, and $5.6B in total assets on its 2023 IRS Form 990. 78.0% of expenses ($327.8M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (68/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

B
Efficiency Score
68/100

Key Facts (2023 Form 990)

Total Revenue
$761.5M
Total Expenses
$420.2M
Program Expenses
$327.8M
Program Expense Ratio
78.0%
Total Assets
$5.6B
Reserve Months
160.3 months
EIN
131624086
Latest 990 Year
2023
Top Officer Compensation
Not reported

The Metropolitan Museum Of Art grades a B on the nonprofit efficiency rubric. 68/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

The Metropolitan Museum Of Art is a large nonprofit by U.S. standards: $761.5M in 2023 revenue against $420.2M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. The Metropolitan Museum Of Art directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.

Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. The Metropolitan Museum Of Art reported $761.5M in 2023, up notably from the start of the window. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. The Metropolitan Museum Of 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.


$761.5M
Revenue
$420.2M
Expenses
$5.6B
Total Assets
78.0%
Program Spending

How The Metropolitan Museum Of Art Compares

The Metropolitan Museum Of Art directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 68/100 is 1 points below the Arts, Culture & Humanities category average. The organization holds 160.3 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$327.8M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
160.3 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to The Metropolitan Museum Of Art, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


The Metropolitan Museum Of Art has an Efficiency Score of B (68/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

The Metropolitan Museum Of Art, Donor FAQ

The Metropolitan Museum Of Art has an Efficiency Score of B (68/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for The Metropolitan Museum Of Art is not reported in the most recent IRS 990 filing on file.

The Metropolitan Museum Of Art reported $761.5M in annual revenue and $420.2M in total expenses for filing year 2023. The organization holds $5.6B in total assets.

For every dollar donated to The Metropolitan Museum Of Art, approximately 78.0 cents goes to program activities. The organization has 160.3 months of operating reserves, providing financial stability to sustain its mission.

The Metropolitan Museum Of Art is a registered 501(c) organization with EIN 131624086, based in New York, New York. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.