Overview
What is Metropolitan Museum Of Art?
The Metropolitan Museum of Art is a renowned cultural institution based in New York City, New York. With a workforce of 2079 employees, they dedicate their efforts to collecting, studying, conserving, and presenting significant works of art from various historical periods and cultural backgrounds. Their operations encompass curatorial departments, the Closters, conservation initiatives, cataloguing, scholarly publications, and fellowship awards totaling $2,561,795. The museum's mission connects people to creativity, knowledge, and ideas through its extensive collections and programs.
Official website here: www.metmuseum.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
The Metropolitan Museum of Art has achieved an impressive score of 97% from Charity Navigator, reflecting strong performance in accountability and finance. This high rating indicates that the organization adheres to robust financial practices, including having a majority of independent board members and a well-structured audit and oversight committee. The charity excels particularly in transparency and governance, with comprehensive policies and practices in place, such as conflict of interest and whistleblower policies.
Strengths highlighted in the ratings include a solid financial health ratio, with a low liabilities-to-assets ratio of 10.99% and an efficient fundraising cost of just $0.06 per dollar raised. The organization also demonstrates strong program expenditure, allocating over 62% of its budget to programs. The well-documented processes for CEO compensation and board structure further enhance the organization's credibility and trustworthiness.
While the overall financial management is commendable, one area noted for improvement is the donor privacy policy, which is opt-out rather than opt-in. This means that the organization could do more to ensure donors feel secure about their privacy preferences. Overall, the Metropolitan Museum of Art stands out as a fiscally responsible and transparent nonprofit, dedicated to its mission in the arts.
This AI summary has been generated from information found on Charity Navigator.
Is Metropolitan Museum Of Art legitimate?
Metropolitan Museum Of Art is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metropolitan Museum Of Art submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $12,718,837
Professional Fundraising Fees: $79,855
Other Salaries and Wages: $149,104,126
For more financial information, click here
Official website here: www.metmuseum.org
What is the mission statement of Metropolitan Museum Of Art?
The Metropolitan Museum of Art dedicates itself to collecting, studying, conserving, and exhibiting significant works of art from various times and cultures. This mission aims to foster connections among people and creativity, knowledge, and ideas. The institution's curatorial departments oversee various operations, including conservation, cataloging, scholarly publications, and fellowship awards, totaling $2,561,795 (see Schedule O for more details).
Official website here: www.metmuseum.org
Who is the CEO of Metropolitan Museum Of Art?
Max Hollein is the CEO of Metropolitan Museum Of Art The CEO's salary of Metropolitan Museum Of Art is $1,602,410 and their total compensation is $1,664,726.
Official website here: www.metmuseum.org
What is the revenue of Metropolitan Museum Of Art?
Metropolitan Museum Of Art's revenue in 2024 was $697,601,819.
Official website here: www.metmuseum.org
Who are the executives of Metropolitan Museum Of Art and what are their salaries?
The average compensation at Metropolitan Museum Of Art during 2024 was $70,144. There are 2307 employees and 1323 volunteers at Metropolitan Museum Of Art.
Here are 72 key members and their salaries (Metropolitan Museum Of Art's CEO's salary is $1,602,410 and their total compensation is $1,664,726):
- Compensation: $3,221,561
- Related: $0
- Other: $59,052
- Compensation: $1,501,595
- Related: $0
- Other: $494,961
- Compensation: $1,602,410
- Related: $0
- Other: $62,316
- Compensation: $781,646
- Related: $0
- Other: $365,141
- Compensation: $764,040
- Related: $0
- Other: $57,980
- Compensation: $569,705
- Related: $0
- Other: $60,687
- Compensation: $505,093
- Related: $0
- Other: $71,478
- Compensation: $413,039
- Related: $0
- Other: $60,342
- Compensation: $399,017
- Related: $0
- Other: $71,541
- Compensation: $391,459
- Related: $0
- Other: $61,845
- Compensation: $374,216
- Related: $0
- Other: $63,958
- Compensation: $387,912
- Related: $0
- Other: $46,624
- Compensation: $361,778
- Related: $0
- Other: $61,448
- Compensation: $369,108
- Related: $0
- Other: $46,726
- Compensation: $344,638
- Related: $0
- Other: $65,692
- Compensation: $314,085
- Related: $0
- Other: $69,473
- Compensation: $277,835
- Related: $0
- Other: $32,107
- Compensation: $139,700
- Related: $0
- Other: $22,248
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.metmuseum.org
Where can I find the form 990 for Metropolitan Museum Of Art?
Metropolitan Museum Of Art's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.metmuseum.org
Learn more at the official website: www.metmuseum.org
Mission Statement of Metropolitan Museum Of Art
The Metropolitan Museum of Art is a renowned institution dedicated to amassing, examining, preserving, and exhibiting significant works of art from various periods and cultures. By connecting people to creativity, knowledge, and ideas, the Museum aims to enrich and inspire visitors.
Through its curatorial departments, the Metropolitan Museum of Art meticulously operates the Cloisters, carries out conservation efforts, catalogs art pieces, and produces scholarly publications. These initiatives include awarding fellowships and travel stipends, totaling $2,561,795. This commitment to research and academic pursuits enhances the Museum's ability to display and interpret an extensive collection of art.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Metropolitan Museum of Art serves as a vital cultural institution that significantly impacts the landscape of art and education. By collecting, studying, conserving, and presenting significant works from diverse times and cultures, it fosters a deep appreciation for the arts among visitors of all ages. The museum's curatorial departments enhance this mission through the operation of specialized areas like The Cloisters, which focuses on medieval art, and through extensive conservation and scholarly research efforts.
With initiatives like fellowship awards and travel stipends, the museum actively supports the academic community, encouraging deeper engagement with art history and scholarship. This commitment to education allows for broader access to knowledge and creativity, helping to connect individuals and communities to profound ideas and cultural heritage.
The Metropolitan Museum of Art not only elevates the local New York City art scene but also holds international significance, attracting millions of visitors each year. Its role as a place of learning and inspiration is integral to the ongoing dialogue about art and humanity, promoting cultural understanding and appreciation on a global scale.
This information is meant to be a general summary of Metropolitan Museum Of Art. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $108,045,980
- Program Service Revenue: $8,471,049
- Gross Receipts: $1,580,715,826
Assets and Liabilities:
- Total Assets: $5,373,900,476
- Total Liabilities: $655,417,711
- Net Assets: $4,718,482,765
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROCEEDS FROM SALE OF ART
Revenue
$5,579,140
EDUCATIONAL PRGMS, CONCERTS & LECTURES, DIGITAL
Revenue
$1,339,528
CURATORIAL
Revenue
$1,007,466
DEVELOPMENT PROGRAMMING
Revenue
$544,915
Organization Details
If you are a representative of Metropolitan Museum Of Art and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.