2025-03-21T11:49:57+00:00 2024-06-30 440160260 Forvis Mazars LLP 135 West 50th Street New York NY 10020 990 2023-07-01 132986881 New Museum of Contemporary Art NEWM 2122191222 235 BOWERY NEW YORK NY 10002 RICHARD DRYSDALE VP, FINANCE & ADMINISTRATION 2122191222 2025-03-21 true Aaron Shapiro P01333816 2128127000 2025-03-21 2023 2025-03-06 01:10:19Z RICHARD DRYSDALE 235 BOWERY NEW YORK NY 10002 135234713 false X WWW.NEWMUSEUM.ORG X 1977 NY A CENTER FOR EXHIBITIONS, INFORMATION, AND DOCUMENTATION ABOUT LIVING ARTISTS SINCE 1977, WHICH CONTINUES TO BE A PLACE OF EXPERIMENTATION AND A HUB OF NEW ART AND NEW IDEAS. 50 50 177 52 0 0 16763062 23382654 2807258 3445018 1455262 1965993 1760026 1853308 22785608 30646973 0 0 10265191 10522253 0 2173642 9049316 8594436 19314507 19116689 3471101 11530284 114572555 129035729 13102239 15458877 101470316 113576852 X SEE SCHEDULE O. false false 9955915 3258412 EXHIBITIONS AND SPECIAL PROJECTS REFLECT THE NEW MUSEUM'S ENDURING COMMITMENT TO ENCOURAGING NEW WORK BY A DIVERSE RANGE OF EMERGING AND ESTABLISHED INTERNATIONAL ARTISTS. PROGRAMS CHANGE REGULARLY AND ENCAPSULATE THE NEW MUSEUM'S PHILOSOPHY OF OPENNESS AND FEARLESSNESS, AS WELL AS OUR HISTORY, AS THE HOME OF SOCIALLY COMMITTED CONTEMPORARY ART. 1869517 129510 NEW INC, THE FIRST MUSEUM-LED INCUBATOR, IS A SHARED WORKSPACE AND PROFESSIONAL DEVELOPMENT PROGRAM DESIGNED TO SUPPORT CREATIVE PRACTITIONERS WORKING IN THE AREAS OF ART, TECHNOLOGY, AND DESIGN. 1868079 57096 THROUGH THE DEPARTMENT OF EDUCATION AND PUBLIC ENGAGEMENTS RESEARCH AND DEVELOPMENT SEASONS, THE NEW MUSEUM'S PUBLIC PROGRAMMING CONNECTS VARIOUS PROJECTS IN THE MUSEUM, THEATER, 5TH FLOOR GALLERY, AND RESOURCE CENTER AROUND A NEW ORGANIZING THEME EACH FALL AND SPRING. ADDITIONALLY, A WIDE RANGE OF EXHIBITION-RELATED PROGRAMS INCLUDE FILM SCREENINGS, TALKS WITH ARTISTS AND SCHOLARS, CONFERENCES, PERFORMANCES, AND LIVE MUSIC THAT TAKES PLACE IN THE NEW MUSEUM THEATER. 1966219 1631293 BOOKSTORE & OTHER 1966219 1631293 15659730 true true false false false false false false true true true false false true false true false false false false false false false true false false false false true false false false false false false false false true false false false false true false false false true 214 0 177 true false false false false false true true false false false false false false X 50 50 false false false false false false false true true false false true true true true true true true true false NY X RICHARD DRYSDALE 2122191222 235 BOWERY NEW YORK NY 10002 ALEXANDRA BOWES VICE PRESIDENT 2.0 X X 0 0 0 CHARLOTTE FENG FORD VICE PRESIDENT 2.0 X X 0 0 0 DAVID DROGA VICE PRESIDENT 2.0 X X 0 0 0 DAVID HELLER VICE PRESIDENT 2.0 X X 0 0 0 JAMES-KEITH BROWN PRESIDENT 2.0 X X 0 0 0 JOHN FRIEDMAN VICE PRESIDENT 2.0 X X 0 0 0 JOHN WOTOWICZ TREASURER 2.0 X X 0 0 0 MITZI EISENBERG VICE PRESIDENT 2.0 X X 0 0 0 PATRICIA BLANCHET VICE PRESIDENT 2.0 X X 0 0 0 PAUL T SCHNELL VICE CHAIRMAN 2.0 X X 0 0 0 RUTH HOROWITZ VICE PRESIDENT 2.0 X X 0 0 0 SAUL DENNISON CHAIRMAN EMERITUS 2.0 X X 0 0 0 SHELLEY FOX AARONS SECRETARY 2.0 X X 0 0 0 CATHERINE ORENTREICH BOARD MEMBER 2.0 X 0 0 0 DAKIS JOANNOU BOARD MEMBER 2.0 X 0 0 0 DIANNE WALLACE BOARD MEMBER 2.0 X 0 0 0 DOUGLAS MCNEELY BOARD MEMBER 2.0 X 0 0 0 ELISA NUYTEN BOARD MEMBER 2.0 X 0 0 0 EUGENIO LOPEZ BOARD MEMBER 2.0 X 0 0 0 EVAN CHOW BOARD MEMBER 2.0 X 0 0 0 FUSUN ECZACIBASI BOARD MEMBER 2.0 X 0 0 0 GAEL NEESON BOARD MEMBER 2.0 X 0 0 0 HANK LATNER BOARD MEMBER 2.0 X 0 0 0 HUNTER GRAY BOARD MEMBER 2.0 X 0 0 0 JAMES C A MCCLENNEN BOARD MEMBER 2.0 X 0 0 0 JAMIE SINGER SOROS BOARD MEMBER 2.0 X 0 0 0 JILL KRAUS BOARD MEMBER 2.0 X 0 0 0 JOAN LAZARUS BOARD MEMBER 2.0 X 0 0 0 KEN KUCHIN BOARD MEMBER 2.0 X 0 0 0 LAURA SKOLER BOARD MEMBER 2.0 X 0 0 0 LEON AMITAI BOARD MEMBER 2.0 X 0 0 0 LISA WATSON BOARD MEMBER 2.0 X 0 0 0 LIZA MAUER BOARD MEMBER 2.0 X 0 0 0 LOLA GOLDRING BOARD MEMBER 2.0 X 0 0 0 MAJA HOFFMANN BOARD MEMBER 2.0 X 0 0 0 MANUEL E GONZALEZ BOARD MEMBER 2.0 X 0 0 0 MATT MULLENWEG BOARD MEMBER 2.0 X 0 0 0 NARI WARD BOARD MEMBER 2.0 X 0 0 0 NEDA YOUNG BOARD MEMBER 2.0 X 0 0 0 PETER BOYCE II BOARD MEMBER 2.0 X 0 0 0 RICHARD MUMBY BOARD MEMBER 2.0 X 0 0 0 RUBEN LEVI BOARD MEMBER 2.0 X 0 0 0 STEPHANIE FRENCH BOARD MEMBER 2.0 X 0 0 0 STEPHANIE HORTON BOARD MEMBER 2.0 X 0 0 0 SUE HOSTETLER WRIGLEY BOARD MEMBER 2.0 X 0 0 0 SULTAN SOOUD AL QASSEMI BOARD MEMBER 2.0 X 0 0 0 SUNNY Y GOLDBERG BOARD MEMBER 2.0 X 0 0 0 SUSAN FEINSTEIN BOARD MEMBER 2.0 X 0 0 0 TOMMIE L PEGUES BOARD MEMBER 2.0 X 0 0 0 ZOLTAN VARGA BOARD MEMBER 2.0 X 0 0 0 DENNIS SZAKACS CHIEF OPERATING OFFICER 40.0 X 218855 0 35986 ISOLDE BRIELMAIER DEPUTY DIRECTOR 40.0 X 300739 0 130 LISA PHILLIPS TOBY DEVAN LEWIS DIRECTOR 40.0 X 854602 0 46091 MASSIMILIANO GIONI ARTISTIC DIRECTOR 40.0 X 405711 0 12661 REGAN GRUSY CHIEF OF STAFF & VP OF STRATEGY 40.0 X 300868 0 14773 RICHARD DRYSDALE VP, FINANCE & ADMINISTRATION 40.0 X 216776 0 11761 DIANE VIVONA VP FOR ADVANCEMENT 40.0 X 196620 0 31916 KEILA TENNENT GENERAL COUNSEL & VP OF COMM. 40.0 X 198874 0 18122 SCOTT CAMPBELL DIR. OF CAMPAIGN ADVANCEMENT 40.0 X 242453 0 14838 BRIAN DORE DIRECTOR OF FINANCE & ADMIN. 40.0 X 156144 0 11761 Imani A Desrameaux Director of Human Resources 40.0 X 123038 0 14972 Indranie Sanichar Director of IT 40.0 X 131415 0 14973 MARIAH MAZUR DIRECTOR OF DEVELOPMENT 40.0 X 214200 0 0 SALOME ASEGA DIRECTOR, NEW INC 40.0 X 145903 0 12390 3706198 0 240374 24 false true false FJ SCIAME CONSTRUCTION CO 14 WALL STREET NEW YORK NY 10005 CONSTRUCTION 14672890 COOPER ROBERTSON & PARTNERS 123 WILLIAM STREET FL 27 NEW YORK NY 10038 ARCHITECTURE 938994 RSC INSURANCE BROKERAGE - NY 750 THIRD AVENUE SUITE 1500 NEW YORK NY 10017 INSURANCE 490845 MT GROUP PO Box 419602 Boston MA 022419602 SURVEY SERVICES 330395 CAROLINA NITSCH CONTEMPORARY ART 101 Wooster Street NEW YORK NY 10012 ART ADVISORY SERVICES 303690 10 97851 2292429 368887 20623487 398912 23382654 ADMISSIONS 611420 1078257 1078257 MEMBERSHIP COUNCILS 713990 1574751 1574751 INCUBATOR FEES 611710 129510 129510 EXHIBITION TRAVELING FEES 611710 662500 662500 0 0 0 0 3445018 1959335 1959335 244148 244148 0 244148 244148 103687114 103680456 6658 0 6658 6658 534550 2292429 691099 -156549 -156549 1847478 216185 1631293 1631293 OTHER 900099 134416 134416 0 0 0 0 134416 30646973 5076311 0 2188008 3215682 2440440 275435 499807 6165837 4672713 525019 968105 466348 361203 43346 61799 674386 522335 62683 89368 191742 164234 11107 16401 71704 61417 4154 6133 1298930 1163186 58627 77117 139572 108101 8750 22721 1887726 1604189 88357 195180 90274 90274 1299776 1222367 55006 22403 267779 170742 32839 64198 12088 6799 2547 2742 2240 1456 560 224 2064781 2014483 35927 14371 444259 340086 74207 29966 FABRICATION 501929 424546 77383 HONORARIA 230527 227293 1492 1742 EXHIBITION 62422 55963 801 5658 MEMBERSHIP CULTIVATION 23793 4159 1587 18047 4894 3744 873 277 19116689 15659730 1283317 2173642 2971140 1109191 4397226 574763 9056822 8735924 0 0 0 0 160934 156315 2060432 1020644 107020512 35827681 52344436 71192831 2599895 2974142 39170866 41873620 0 1016595 1016595 794209 381704 114572555 129035729 4560570 7410905 411511 260236 0 0 7324226 7395001 805932 392735 13102239 15458877 X 86983813 99382672 14486503 14194180 101470316 113576852 114572555 129035729 11530284 576252 0 X false true X true false X 7597796 8841974 36080931 16763062 23382654 92666417 0 0 7597796 8841974 36080931 16763062 23382654 92666417 27349385 65317032 412818 335774 265093 712707 2203483 3929875 0 750183 91252 26848 631463 134416 1634162 98230454 13667588 0.6649 0.6710 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER, COLUMN A - 750183.0, COLUMN B - 91252.0, COLUMN C - 26848.0, COLUMN D - 631463.0, COLUMN E - 134416.0, COLUMN F - 1634162.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3992069 514511 253061 4253519 3935232 311459 254622 3992069 4418222 -375211 107779 3935232 4108000 506984 196762 4418222 4022255 276257 190512 4108000 0.0 1.0 0.0 false false 5553575 5553575 48921936 32830278 16091658 2070633 1680589 390044 50474368 1316814 49157554 71192831 OTHER SECURITIES 41873620 C 41873620 Operating lease liabilities 330823 Finance lease liabilities 61912 392735 32240925 576252 801515 216185 1593952 30646973 0 0 30646973 20134389 801515 216185 1017700 19116689 0 0 19116689 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT FUNDS ARE HELD IN INVESTMENT ACCOUNTS WITH AN APPROVED ANNUAL DRAW OF A PERCENTAGE OF EARNINGS TO SUPPORT MUSEUM ACTIVITIES AND PROGRAMS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 COST OF GOODS SOLD - 216185 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 COST OF GOODS SOLD - 216185 GALA 2282899 2143399 139500 0 0 0 218226 74945 152436 MEMBERSHIP EVENTS 544080 149030 395050 0 0 0 56897 34031 154564 0 0 2826979 2292429 534550 0 0 0 275123 108976 307000 691099 -156549 X X X false false false false false false false false false LISA PHILLIPS TOBY DEVAN LEWIS DIRECTOR 651602 0 203000 0 0 0 0 0 46091 0 900693 0 0 0 MASSIMILIANO GIONI ARTISTIC DIRECTOR 380711 0 25000 0 0 0 0 0 12661 0 418372 0 0 0 REGAN GRUSY CHIEF OF STAFF & VP OF STRATEGY 300868 0 0 0 0 0 0 0 14773 0 315641 0 0 0 ISOLDE BRIELMAIER DEPUTY DIRECTOR 300739 0 0 0 0 0 0 0 130 0 300869 0 0 0 DENNIS SZAKACS CHIEF OPERATING OFFICER 218855 0 0 0 0 0 0 0 35986 0 254841 0 0 0 RICHARD DRYSDALE VP, FINANCE & ADMINISTRATION 216776 0 0 0 0 0 0 0 11761 0 228537 0 0 0 SCOTT CAMPBELL DIR. OF CAMPAIGN ADVANCEMENT 242453 0 0 0 0 0 0 0 14838 0 257291 0 0 0 DIANE VIVONA VP FOR ADVANCEMENT 196620 0 0 0 0 0 0 0 31916 0 228536 0 0 0 KEILA TENNENT GENERAL COUNSEL & VP OF COMM. 198874 0 0 0 0 0 0 0 18122 0 216996 0 0 0 MARIAH MAZUR DIRECTOR OF DEVELOPMENT 214200 0 0 0 0 0 0 0 0 0 214200 0 0 0 BRIAN DORE DIRECTOR OF FINANCE & ADMIN. 156144 0 0 0 0 0 0 0 11761 0 167905 0 0 0 SALOME ASEGA DIRECTOR, NEW INC 145903 0 0 0 0 0 0 0 12390 0 158293 0 0 0 X 12 398912 Market value 0 false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions FIRST REPUBLIC SECURITIES SELLS DONATED STOCK UPON RECEIPT. Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - THE ORGANIZATION IS REPORTING THE NUMBER OF COTNRIBUTIONS. Form 990, Part III, Line 1 ORGANIZATION'S MISSION THE NEW MUSEUM IS THE ONLY MUSEUM DEVOTED EXCLUSIVELY TO CONTEMPORARY ART IN NEW YORK AND IS ONE OF THE LEADING CONTEMPORARY ART MUSEUMS WORLDWIDE. OUR MISSION IS SIMPLY NEW ART, NEW IDEAS WITH A COMMITMENT TO GLOBAL PROGRAMS. UNPARALLELED IN THE UNITED STATES, THE NEW MUSEUM OCCUPIES A UNIQUE AND IMPORTANT PLACE IN THE FIELD. WE ARE DISTINGUISHED BY A BOLD CULTURAL PROGRAM THAT PROVIDES OPPORTUNITIES FOR ARTISTS TO CREATE AND SHOW CONTEMPORARY ART IN A MUSEUM SETTING, WHILE ENGAGING THE ARTISTIC COMMUNITY. Form 990, Part III, Line 4d Description of other program services (Expenses $ 1,966,219 including grants of $)(Revenue $ 1,631,293) BOOKSTORE & OTHER Form 990, Part VI, Line 11b Review of form 990 by governing body THE 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE AND THEN SUBMITTED TO THE BOARD OF TRUSTEES PRIOR TO FILING. IF THE BOARD OF TRUSTEES HAVE ANY QUESTIONS THEY ARE ADDRESSED BY RICHARD DRYSDALE, VP OF FINANCE AND ADMINISTRATION. Form 990, Part VI, Line 12c Conflict of interest policy ALL TRUSTEES AND EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY. THE PRESIDENT OF THE BOARD OF TRUSTEES AND THE DIRECTOR WILL REPORT TO THE BOARD AT LEAST ONCE ANNUALLY CONCERNING ANY DISCLOSURES OF POTENTIAL CONFLICTS OF INTEREST MADE TO THEM, AND ANY OTHER CONFLICTS OF INTEREST WHICH HAVE OCCURRED. IF ANY TRUSTEE OR EMPLOYEE HAS A CONFLICT, THEY WILL RECUSE THEMSELVES WHILE THE TOPIC IS DISCUSSED. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE DIRECTOR POSITION IS APPROVED BY THE BOARD OF TRUSTEES. THE BOARD MUST APPROVE THE SALARY OF THE DIRECTOR. THE 2024 SALARY INCLUDED AN INCREASE APPROVED BY THE BOARD IN 2023. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE DIRECTOR MAY PROPOSE SALARIES FOR ALL OTHER KEY EMPLOYEES, BUT THE SALARY BUDGET MUST BE APPROVED BY THE BOARD OF TRUSTEES. THIS WAS DONE IN MAY 2023 FOR FY24. Form 990, Part VI, Line 19 Required documents available to the public DOCUMENTS ARE KEPT ON FILE AND ARE DISTRIBUTED UPON REQUEST. DOCUMENTS ARE ALSO AVAILABLE ON THE GUIDESTAR AND PRO PUBLICA WEBSITES FOR PUBLIC INFORMATION. RHIZOME COMMUNICATIONS INC 235 BOWERY NEW YORK NY 10002 133995725 PRESENT ART NY 501(c)(3) 7 NA false false false false false false false false false false false false false false false false false true false false