Overview
What is Museum Of The City Of New York?
The Museum of the City of New York is a cultural institution dedicated to celebrating, documenting, and interpreting the distinctive nature of urban life in one of the world's most influential metropolises. In the first half of FY22, the Collections team focused on ensuring the safety of their holdings and maintaining active exhibitions and loans. During this period, the team consisted of a Registrar, a Traveling Exhibitions Coordinator, an Institutional Archivist, and a Rights and Reproduction Coordinator. The second half of the fiscal year saw the hiring of a Director of Collections and the addition of two new Registrars. The institution's Travelling Exhibitions Department showcased Stanley Kubrick Photographs throughout Europe. Despite a brief pause due to the departure of an Institutional Archivist, the Institutional Archive Project resumed the following fiscal year. Grants were secured to digitize portions of their collection, making them available online. In FY22, over 600 new works, primarily in photography and ephemera, were acquired, while eight outgoing loans were facilitated, and four exhibitions were coordinated and installed. The museum employed a total of 128 individuals.
Official website here: www.mcny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Museum of the City of New York has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 100% in this category, indicating effective management of resources and transparency in operations. Such a high score is an indicator of the museum's commitment to maintaining high standards, which fosters trust among donors and stakeholders.
Strengths of the museum include a fully independent board, with 97% of members being independent, and a robust financial oversight system, including a fully audited financial statement. The museum demonstrates a strong program expense ratio of nearly 75%, suggesting that a significant portion of its budget is allocated to its programs rather than administrative costs. Additionally, its fundraising efficiency is commendable, with low costs incurred relative to the funds raised.
While the museum shows no significant limitations in its financial practices, its high scores in various beacons indicate a well-structured organization dedicated to its mission. Overall, the Museum of the City of New York is a financially sound nonprofit that prioritizes accountability and effective use of resources, which is crucial for its continued success and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Museum Of The City Of New York legitimate?
Museum Of The City Of New York is a legitimate nonprofit organization registered as a 501(c)(3) entity. Museum Of The City Of New York 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: $1,523,560
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,461,504
For more financial information, click here
Official website here: www.mcny.org
What is the mission statement of Museum Of The City Of New York?
The Museum of the City of New York serves to deepen the public's understanding 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. In the first half of the fiscal year, the Collections Department focused on ensuring the safety of the collection and maintaining exhibitions and loans already in process. The second half involved hiring new staff and training them. The museum's traveling exhibitions, including "Stanley Kubrick Photographs Throughout Europe," graced museums in Trieste, Italy, and Cascasis, Portugal, during the year. Grant work to digitize portions of the collection continued, making them accessible online. The museum acquired over 600 works, primarily in photography and ephemera, and facilitated eight outgoing loans. Four exhibitions were coordinated and installed while three were deinstalled.
Official website here: www.mcny.org
Who is the CEO of Museum Of The City Of New York?
Osman Kurtulus is the President & Director of Museum Of The City Of New York.
Official website here: www.mcny.org
What is the revenue of Museum Of The City Of New York?
Museum Of The City Of New York's revenue in 2022 was $15,929,242.
Official website here: www.mcny.org
Who are the executives of Museum Of The City Of New York and what are their salaries?
The average compensation at Museum Of The City Of New York during 2022 was $46,758. There are 128 employees and 37 volunteers at Museum Of The City Of New York.
Here are 47 key members and their salaries:
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- Compensation: $120,205
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- Compensation: $118,912
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- Compensation: $118,690
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- Other: $50,211
- Compensation: $108,091
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- Other: $11,313
Official website here: www.mcny.org
Where can I find the form 990 for Museum Of The City Of New York?
Museum Of The City Of New York's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mcny.org
Learn more at the official website: www.mcny.org
Mission Statement of Museum Of The City Of New York
The Museum of the City of New York serves as a unique hub for exploring the complexities of urban life in the world's most influential metropolis. By celebrating, documenting, and interpreting the city's intriguing past, present, and future, the institution engages visitors in a thought-provoking journey through New York City's rich cultural heritage.
Dedicated to fostering a deeper understanding of the city's distinctive nature, the Museum of the City of New York ensures the safety and preservation of its extensive collection. The Collections Department, comprised of staff including a Registrar, Traveling Exhibitions Coordinator, Institutional Archivist, and Rights and Reproduction Coordinator, worked diligently during the first half of the fiscal year to maintain exhibitions and loans already in process. When changes occurred within the team, they swiftly welcomed a new Director of Collections and hired two new Registrars to continue their vital work.
In the second half of the fiscal year, the Museum focused on expanding its team and training new staff members. The Traveling Exhibitions Department, or TEX, showcased the Stanley Kubrick Photographs Throughout Europe during FY2022. These displays enchanted audiences at the Magazzino delle Idee in Trieste, Italy, and Fundação D. Luís in Cascais, Portugal. Meanwhile, grant work to digitize portions of the collection continued, making it accessible to a wider audience online.
Throughout the year, the Museum acquired over 600 new works, primarily in photography and ephemera. These additions enriched the institution's collection, which facilitated eight outgoing loans and the coordination and installation of four exhibitions. Despite the challenges presented, the Museum of the City of New York remained dedicated to sharing the stories that shape New York City and captivating the hearts and minds of its visitors.
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Impact
October, 2024
The Museum of the City of New York plays a crucial role in enhancing the understanding of urban life and its complexities in one of the world's most influential cities. By celebrating, documenting, and interpreting New York City's rich history, present dynamics, and future prospects, the museum fosters a deeper appreciation for the unique characteristics of urban living.
The museum's impact extends to the curation and preservation of its extensive collections, ensuring that historical artifacts remain safe and accessible for future generations. This commitment is evident in the dedicated efforts of its staff to manage collections, facilitate exhibitions, and engage in partnerships that bring compelling stories to light. For instance, its recent traveling exhibitions, such as the Stanley Kubrick photographs, connect local audiences to global narratives, showcasing how the city's culture resonates beyond its borders.
The acquisition of over 600 new works, primarily in photography and ephemera, underscores the museum's active role in enriching its holdings and broadening its narrative scope. By digitizing parts of its collection, the museum enhances accessibility and continues to engage a wider audience, emphasizing the importance of urban heritage in the digital age.
Through its dynamic programs and exhibitions, the Museum of the City of New York not only preserves the past but also inspires conversations about the city’s future, making it a vital institution for understanding the evolution of urban life.
This information is meant to be a general summary of Museum Of The City Of New York. 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 2022.
- Investment Income: $1,887,558
- Program Service Revenue: $1,650,614
- Gross Receipts: $28,961,956
Assets and Liabilities:
- Total Assets: $62,355,927
- Total Liabilities: $780,524
- Net Assets: $61,575,403
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$640,824
LICENSING AND OTHER FEES
Revenue
$535,832
MEMBERSHIP DUES
Revenue
$327,814
EDUCATIONAL PROGRAMS
Revenue
$146,144
Organization Details
Founding Year
1923
Phone
(212) 534-1672Principal Officer
Osman Kurtulus
Main Address
1220 FIFTH AVENUE, NEW YORK, NY, 10029
Website
www.mcny.orgNTEE Category
Code: A540 - Arts
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