Museum of the City of New York
Nonprofit profile at a glance
- EIN
- 131624098
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- New York, NY, USA
- Phone
- 2125341672
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- History Museums
Reported finances
- Revenue
- $13,366,517
- Expenses
- $15,600,941
- Assets
- $67,448,426
- Liabilities
- $1,998,598
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
41 people listed
Executive titles in this filing
- STEPHANIE H WILCHFORT (PRESIDENT & DIRECTOR)
Highest reported compensation
- STEPHANIE H WILCHFORT (PRESIDENT & DIRECTOR): $508,103 total reported compensation
- SARAH M HENRY (CHIEF CURATOR): $340,330 total reported compensation
- OSMAN C KURTULUS (CHIEF FINANCIAL OFFICER): $280,939 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The museum of the city of New York fosters understanding of the distinctive nature of urban life in the world's most influential metropolis. It engages visitors by celebrating, documenting, and interpreting the city's past, present, and future.
What it reported doing in 2024
Exhibition and publications: in fy25, the museum showcased 10+ shows, including our permanent exhibitions, New York as its core, and temporary exhibitions bringing in close to 185,000 visitors from all over the world. Through its exhibitions the museum fosters understanding of the distinctive nature of urban life in the world's most influential metropolis. Exhibitions that have opened or will open in fy26 include robert rauschenberg's New York, he build this city: joe macken's model, songs of New York: 100 years of imaging the city through music.see schedule o for continuationthis is New York - 100 years of the city in art and pop culture may 26, 2023 - july 21, 2024in honor of the centennial anniversary of the founding of the museum of the city of New York as the city's storyteller, this is New York: 100 years of the city in art and pop culture explores the many ways that the city has inspired storytelling across art forms. It features both famous and lesser-known depictions of New York in film and television, visual and performing arts, music, poetry and literature, and even fashion, painting a collective, moving, and sometimes funny version of a city that has captured the imagination of the world. The full-floor exhibition is organized around the types of urban spaces where the stories of New York are told. "tempo of the city" explores the ways in which artists have depicted life in the city's streets and subways, and the emotions that the experience of joining the public crowd often evoke, whether joy or alienation, fear or pride. The gallery also features "songs of New York," an interactive installation that allows visitors to explore the richness and diversity of each borough through songs it has inspired. In the tiffany & co. Foundation gallery, "at home in New York" spotlights literature and art works that animate the unique challenges and opportunities of making a home in a city of eight million people. The third gallery, "destination: nyc," showcases work about the city's spaces for gathering and spectacle, its dynamic unique nightlife spots, as well as its iconic parks and waterfronts. A special gallery, "you are here," dedicated to New York on film, provides an immersive 16-screen experience drawn from hundreds of movies about the city made over the past century. The film immersive also includes an introductory installation, "scenes from the city" which explores how New York has been used as a movie set for the past century. "you are here" draws on the rich archive of movies set in New York, combining thousands of cinematic moments across 16 screens. Sources include hollywood blockbusters, independent films, documentaries, and experimental works. By juxtaposing these multiple visions, the dazzling montages of "you are here" make connections and contrasts that allow movies to comment on each other across time and space. Together, they shed new light on the varied new yorks of our collective imagination.byzantine bemb - New York by manny vega december 8, 2023 - january 6, 2025the experience of walking el barrio the museum of the city of New York's own neighborhood would be vastly different without the artworks of manny vega (b. Bronx, 1956). His mosaics and murals adorn street walls, subway stations, cultural centers, and business facades throughout east harlem. Many of these works celebrate important figuresparticularly womenin the history of the puerto rican and latinx communities. Vega has proven himself deft at negotiating the sophisticated tastes and appetite for spectacle of an extremely diverse and fast-moving population. His style has been dubbed "byzantine hip-hop" for his uncompromising technical command that encompasses ancient mediterranean mosaic-making and the electrifying lines of hyper-detailed sharpie pen-and-ink drawings. As part of the museum's centennial year celebration, byzantine bemb: New York by manny vega explored vega's visual storytelling and interweaved community stories with themes that r
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. The filing reports few safeguards for money sent abroad and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 47
- Accountability: 89
- Sustainability: 38
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 76.8%; rating input score 77
- Fundraising efficiency: $2.18 raised per $1 spent on fundraising; rating input score 7; 7th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 97%; rating input score 97; 31st percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- 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: -16.7%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 4.32; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 87; 87th percentile among comparable filings
- Officer compensation ratio: 14.5%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: -1.6% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -0.1% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: 3% per year; rating input score 100; 23rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 76.8% of spending went to programs
- Governance: 32 of 33 board members independent · 7 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $12M in reported program spending
- Leadership: top reported pay $508K · 41 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 4 contractors listed · $590K reported
- Consistency: 35 of 35 current checks pass
- Schedules: 8 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Financial Efficiency: Fundraising efficiency scored 7/100.
- High — Sustainability: Operating margin scored 6/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Officer compensation ratio scored 9/100.