MUSEUM OF MODERN ART
11 West 53rd Street, New York, NY 10019 www.moma.org

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Organizations Filed Purposes: The Museum of Modern Art is a private, nonprofit educational institution chartered by the Department of Education of the state of New York in 1929 to foster public awareness of modern and contemporary art. Continued in Schedule O.

The Museum of Modern Art establishes, preserves, and documents a (Continued in Schedule O) permanent collection of modern and contemporary art, presents exhibitions and educational programs, sustains a library, archives, and conservation laboratory and supports scholarship and publications. The Form 990 is one of several reports the museum makes available each year. The Museum encourages it to be read with the audited financial statements, which provide additional financial context. these documents as well as previous years reports can be found on moma.org. as can be seen in the audited financial statements, operating expenses of $230.4 million exceeded operating revenues of $226.0 million by $4.4 million.In FY 2020, the Museum finished with an operating deficit, while at the same time re-aligning its cost structure to ensure long term fiscal sustainability concurrent with a macro-economic business recovery from the pandemic.

Museum Operations - Curatorial and curatorial support departments include conservation, education, exhibitions, creative, publications, library and archives. The Museum was founded in 1929 as an educational institution and maintains a vast breadth of educational programming, which increased in the years after the opening of the renovated and expanded main facility in 2004. In FY 2020, through diverse education programs, approximately 1.3 million onsite visitors to MoMA had access to or participated in interpretative programs to support their learning in the galleries including labels, audio content (offered in nine languages), gallery tours, interactive spaces, workshops, visual description tours for the blind and partially sighted, and resources for other individuals with special needs. Continued in Schedule O.

In FY 2020, over 1,200 works were added to this collection, both by donation and by purchase.

Security, operations, and maintenance of exhibition galleries and art collection.

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Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202121379349301287_public.xml