Museum of Arts and Design

What it reported doing in 2024

Education and programming: the museum of arts and design's education programs provide enrichment and exposure to the arts for thousands of k-12 students annually-with an emphasis on reaching underserved youth. These programs take place throughout the galleries and mad's sixth-floor education center, as well as virtually when schools are not able to come to mad, which allows the museum to reach wider audiences and cater to a variety of students. These tours are currently offered in english and spanish. While the mechanisms and/or target populations of these programs differ, they share the same overarching goals: to broaden the experience and knowledge of New York city's school children; make learning opportunities available to those who would otherwise not have access; build critical thinking and problem solving skills; and create an environment of success that not only fosters self-confidence and self-esteem, but also impacts lifelong achievement.docent tours: nine weekly free public tours led by mad's dynamic guides of the museum's exhibitions and permanent collection, in which visitors learn about the materials, processes, and concepts that drive contemporary innovation in the fields of art, craft, and design.verbal description tours: held virtually and in-person, experts lead a tour of current exhibitions specifically designed for visitors who are blind or have low vision. Through verbal description, conversation, and sensory experiences, visitors gain an understanding of the materials, processes, and concepts that drive innovation in the fields of art, craft, and design. In addition to verbal description tours, mad offers asl-interpreted programs including tours of exhibitions, performances, and public programs in mad's theater.k-12 madlab: the museum of arts and design offers inquiry-driven, thematically based online and on-site programs for k-12 school groups, summer camps, and youth organizations. Madlab is the museum's flagship arts-in-education program designed to engage k-12 students across New York city in the art of making; encourage social and skill development via learning with the hands; and help students and teachers achieve the requirements of nyc's blueprint for teaching and learning in the arts. The program's core is a 90-minute tour and art-making workshop tied to classroom subjects and structured around current exhibitions.arts access: as a core part of mad's commitment to bring arts education to underserved youth, the museum offers madlab k-12 free of charge tonyc's title i schools through arts access. Since its launch in 2010, the program has come to account for more than 40% of all schools served.professional development for teachers: led by artists, curators, and museum educators, mad's professional development workshops enable k-12 educators to discover creative ways of interpreting and presenting fundamental concepts in all subject areas, using art, craft, and design as a bridge for comprehension. Workshops take place during nyc department of education district-wide professional development days, with additional professional development opportunities online and onsite throughout the year. Mad also offers custom designed workshops for individual schools or districts.teen council: mad's teen council is comprised of artslife and recess intensive alumni who share a common interest in art, design, and community engagement. The teen council plans events for teens, including artslab workshops.artslife internships: each summer, artslife enables ten rising high school juniors and seniors to pursue seven-week paid internships with the museum, integrating them into a variety of operations and providing them with an important perspective on the working world. Participants reflect the vast geographic, cultural and socioeconomic diversity of the city, and many come into the program with limited or no previous experience with the arts. The program provides the students with opportunities to develop a range of key l

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 71.8%; rating input score 72
• Fundraising efficiency: $3.77 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 9 controls in place; rating input score 89
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -46.1%; rating input score 2; 2nd percentile among comparable filings
• Total-asset coverage ratio: 7.31; rating input score 88; 88th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 83; 83rd percentile among comparable filings
• Officer compensation ratio: 11.1%; rating input score 27; 27th percentile among comparable filings

Growth

• Program expense growth: -0.7% per year; rating input score 0; 12th percentile among comparable filings
• Revenue growth: -1% per year; rating input score 0; 8th percentile among comparable filings
• Asset growth: -0.1% per year; rating input score 0; 12th percentile among comparable filings