Overview
What is The International Council Of The Museum Of Modern Art Inc?
The International Council of the Museum of Modern Art Inc is a nonprofit organization situated in New York, specifically at 11 West 53rd Street, New York, NY 10019. Its primary objective is to foster international understanding in the realm of art, particularly modern and contemporary visual art. This mission is accomplished through various initiatives such as exhibitions, conferences, lectures, publications, and other programs. The organization has donated significant funds to support the Museum of Modern Art, contributing $727,127 in total. This includes individual grants totaling $497,936, funding for an international program worth $221,000, and travel grants of $8,191 for the Museum of Modern Art. With a modest workforce of three individuals, the council continues to contribute to the global appreciation and advancement of modern and contemporary art.
Is The International Council Of The Museum Of Modern Art Inc legitimate?
The International Council Of The Museum Of Modern Art Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The International Council Of The Museum Of Modern Art Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $379,008
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What is the mission statement of The International Council Of The Museum Of Modern Art Inc?
The International Council of the Museum of Modern Art Inc is established with the primary objective of fostering international understanding in the realm of art, particularly modern and contemporary visual art. They achieve this by organizing exhibitions, hosting national and international conferences, delivering lectures, publishing materials, and engaging in various other programs. The council aims to promote global cooperation and dialogue in the art sector through these activities.
The organization provides financial support to the Museum of Modern Art, contributing a significant amount of $727,127 in grants. Additionally, they allocate funds to an international program, amounting to $221,000. Furthermore, the council offers travel grants worth $8,191 to the Museum of Modern Art. These financial contributions are instrumental in supporting and expanding the scope of art-related activities.
What is the revenue of The International Council Of The Museum Of Modern Art Inc?
The International Council Of The Museum Of Modern Art Inc's revenue in 2024 was $3,157,807.
Who are the executives of The International Council Of The Museum Of Modern Art Inc and what are their salaries?
The average compensation at The International Council Of The Museum Of Modern Art Inc during 2024 was $126,336. There are 3 employees and 30 volunteers at The International Council Of The Museum Of Modern Art Inc.
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Where can I find the form 990 for The International Council Of The Museum Of Modern Art Inc?
The International Council Of The Museum Of Modern Art Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The International Council Of The Museum Of Modern Art Inc
The International Council of the Museum of Modern Art Inc is dedicated to fostering international understanding in the realm of art, with a particular focus on modern and contemporary visual art. This nonprofit organization achieves its mission through a variety of programs, including exhibitions, conferences, lectures, publications, and other initiatives. By doing so, it aims to promote global dialogue and appreciation for the art world, expanding perspectives and fostering cultural exchange.
To fulfill its mission, The International Council of the Museum of Modern Art Inc provides financial support to the Museum of Modern Art. This includes grants worth $497,936, which contribute to the museum's overall operations and programming. Additionally, the council allocates funds to an international program, investing $221,000 in this area. This support allows for the organization to conduct research, foster collaborations, and facilitate exhibitions that showcase artists from around the world.
Furthermore, The International Council of the Museum of Modern Art Inc offers travel grants worth $8,191. These grants enable artists, curators, and scholars to travel and engage in educational opportunities, furthering their understanding of modern and contemporary art. This global exchange of ideas and perspectives is a testament to the council's commitment to promoting international understanding in the field of art.
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Impact
October, 2024
The International Council of The Museum of Modern Art Inc significantly enhances the global understanding and appreciation of modern and contemporary visual art. Through strategic funding, the council allocates substantial resources to the Museum of Modern Art in New York, with grants totaling $727,127 aimed at supporting various initiatives. This includes approximately $497,936 directed toward essential museum operations and programming, as well as $221,000 dedicated to the International Program, which fosters global collaboration and cultural exchange.
Additionally, the council provides travel grants amounting to $8,191, facilitating scholarly engagement and participation in art-related events. By organizing exhibitions, national and international conferences, lectures, and publications, the council actively cultivates a vibrant dialogue around modern art, connecting diverse audiences and artists worldwide.
Through these efforts, the International Council not only supports the operational needs of the museum but also plays a pivotal role in promoting international cultural understanding, enriching the art community, and ensuring the continued relevance of modern and contemporary art on the global stage.
This information is meant to be a general summary of The International Council Of The Museum Of Modern Art Inc. 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: $37,919
- Program Service Revenue: $187,200
- Gross Receipts: $3,157,807
Assets and Liabilities:
- Total Assets: $9,181,451
- Total Liabilities: $183,496
- Net Assets: $8,997,955
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEETING AND EVENT FEES
Revenue
$187,200
Organization Details
Founding Year
1956
Principal Officer
Sharon Percy Rockefeller
NTEE Category
Code: A51 - Arts
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