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Nonprofit · EIN 11-3299408

FRIENDS OF THE NEW YORK TRANSIT MUSEUM

Tax-exempt · BROOKLYN, NY 11201

Financials

$2.8M$1.4M2021$2.5M$2.4M2023$4.1M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF THE NEW YORK TRANSIT MUSEUM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,066,902$3,277,415$789,487$15,406,951$760,665$14,646,286
December 31, 2023990$2,479,233$2,428,930$50,303$14,724,429$1,141,075$13,583,354
December 31, 2021990$2,835,605$1,446,954$1,388,651$14,559,294$570,028$13,989,266
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,042,234
of which government grants
$463,937
Membership dues
$275,158
Program service revenue
$1,238,570
Investment income
$811,604
Net rental income
$30,995
Net gain from sales of assets
$467,781
Net income from fundraising events
-$56,501
Other revenue
-$25,506

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,851,795
Salaries, compensation and benefits (total)
$2,215,652
Professional fundraising fees
$7,000
Legal fees
$1,166
Accounting fees
$195,990
Travel
$2,497
Depreciation
$15,720
Program services (functional)
$1,861,095
Management and general (functional)
$879,533
Fundraising (functional)
$536,787

Balance sheet and other

Total assets, start of year
$14,724,429
Total assets, end of year
$15,406,951
Total liabilities, end of year
$760,665
Net assets, end of year
$14,646,286
Land, buildings and equipment
$13,755
Publicly traded securities
$13,731,205
Net assets without donor restrictions
$14,335,414
Net assets with donor restrictions
$310,872
Gross receipts
$9,844,548
Employees
72
Volunteers
14
Year formed
1995
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SARAH LANDRETHDIRECTOR OF DEVELOPMENT
Highest-paid employee
40$128,827$4,862
CONCETTA BENCIVENGAMUSEUM DIRECTOR
Officer
20$102,614$6,771
SUSAN GILBERTCHAIRPERSON
Trustee or director, Officer
2$0$0
ALFREDO QUINTEROSECRETARY/TREASURER
Trustee or director, Officer
2$0$0
MARTIN APPELTRUSTEE, THRU DECEMBER 2024
Trustee or director
1$0$0
VIRGINIA BORKOSKITRUSTEE
Trustee or director
1$0$0
CARLA CRAFTTRUSTEE
Trustee or director
1$0$0
BEVERLY DOLINSKYTRUSTEE
Trustee or director
1$0$0
JOHN DI DOMENICOTRUSTEE
Trustee or director
1$0$0
KURT A GODDARDTRUSTEE
Trustee or director
1$0$0
WYNTON HABERSHAMTRUSTEE
Trustee or director
1$0$0
EDWARD T SEAMANTRUSTEE
Trustee or director
1$0$0
RUBY SIEGELTRUSTEE
Trustee or director
1$0$0
STEVEN VACARROTRUSTEE
Trustee or director
1$0$0
JOHN VASILJTRUSTEE, THRU NOVEMBER 2024
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
GERALD WEINSTEINTRUSTEE
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
SARAH LANDRETHDIRECTOR OF DEVELOPMENT
Highest-paid employee
40$109,297$1,920
CONCETTA BENCIVENGAMUSEUM DIRECTOR
Officer
20$92,364$6,003
SUSAN GILBERTCHAIRPERSON
Trustee or director, Officer
2$0$0
ALFREDO QUINTEROSECRETARY/TREASURER
Trustee or director, Officer
2$0$0
MARTIN APPELTRUSTEE
Trustee or director
1$0$0
CARLA CRAFTTRUSTEE
Trustee or director
1$0$0
BEVERLY DOLINSKYTRUSTEE
Trustee or director
1$0$0
JOHN DI DOMENICOTRUSTEE
Trustee or director
1$0$0
ROBERT FURNISSTRUSTEE, THRU AUGUST 2023
Trustee or director
1$0$0
KURT A GODDARDTRUSTEE
Trustee or director
1$0$0
WYNTON HABERSHAMTRUSTEE
Trustee or director
1$0$0
EDWARD T SEAMANTRUSTEE
Trustee or director
1$0$0
RUBY SIEGELTRUSTEE
Trustee or director
1$0$0
STEVEN VACARROTRUSTEE
Trustee or director
1$0$0
JOHN VASILJTRUSTEE
Trustee or director
1$0$0
GERALD WEINSTEINTRUSTEE
Trustee or director
1$0$0
990 for the year ended December 31, 2021: 13 people
NameTitleHours / weekCompensationFrom related orgs
CONCETTA BENCIVENGADIRECTOR0$0$165,353
SUSAN GILBERTCHAIRPERSON
Trustee or director, Officer
2$0$0
RUBY SIEGELTrustee
Trustee or director
1$0$0
KURT A GODDARDTrustee
Trustee or director
1$0$0
ALFREDO QUINTEROSecretary/Treas
Trustee or director
2$0$0
BEVERLY DOLINSKYTrustee
Trustee or director
1$0$0
STEVEN VACARROTrustee
Trustee or director
1$0$0
ROBERT E FURNISSTrustee
Trustee or director
1$0$0
EDWARD T SEAMANTrustee
Trustee or director
1$0$0
JOHN VASILJTrustee
Trustee or director
1$0$0
BEN D'ALLESSANDROTrustee
Trustee or director
1$0$0
JOHN DI DOMENICOTrustee
Trustee or director
1$0$0
MARTIN E APPELTrustee
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
130 LIVINGSTON STREET 10TH FLOOR, BROOKLYN, NY 11201-5106
In care of
% GABRIELLE SHUBERT
Principal officer (990 for 2024)
REGINA SHEPHERD, 130 LIVINGSTON STREET 10TH FLOOR, BROOKLYN, NY 11201
Signed the 990
REGINA SHEPHERD, ACTING MUSEUM DIRECTOR
Phone
(718) 694-3958
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

SUPPORT THE NEW YORK TRANSIT MUSEUM'S COLLECTIONS AND EXHIBITIONS AND PRESERVE THE HISTORY, SOCIOLOGY AND TECHNOLOGY OF PUBLIC TRANSIT IN THE NEW YORK METROPOLITAN AREA. IN ADDITION, SUPPORT THE MUSEUM'S ARCHIVAL, CURATORIAL, EDUCATIONAL, AND RESTORATION PROJECTS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FRIENDS OF THE NEW YORK TRANSIT MUSEUM'S MAIN PROGRAMS TO SUPPORT THE MUSEUM INCLUDED:1. NOSTALGIA RIDES OFFERS OPPORTUNITIES TO RIDE OUR BELOVED VINTAGE FLEET OF TRAINS TO DESTINATIONS ALL OVER THE CITY. HOLIDAY THEME TRAIN EXHIBIT IN THE MUSEUM.2. HOLIDAY-THEMED TRAIN EXHIBIT ALLOWS EVERYONE OF ALL AGES TO EXPLORE OUR FESTIVE HOLIDAY-THEMED TRAIN EXHIBIT AT THE MUSEUM, CELEBRATING THE RICH HERITAGE OF TRANSPORTATION IN A SEASONAL SETTING.3. OUR EDUCATIONAL TOURS INVITE SCHOOL GROUPS TO EXPLORE THE MUSEUM'S INTERACTIVE EXHIBITS, WHERE THEY CAN LEARN HOW TRANSPORTATION HAS SHAPED NEW YORK CITY FROM ITS EARLY DAYS TO THE PRESENT.
    Expenses $1,861,095 · revenue $1,197,110

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
11-3299408
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$15,406,951
Income (IRS master file)
$9,844,548

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,066,902$3,277,415$15,406,951XML
990December 2023$2,479,233$2,428,930$14,724,429XML
990December 2022$2,934,400$1,729,168$13,522,737IRS
990December 2021$2,835,605$1,446,954$14,559,294XML
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3299408).

Questions about FRIENDS OF THE NEW YORK TRANSIT MUSEUM

What is the EIN of FRIENDS OF THE NEW YORK TRANSIT MUSEUM?
The employer identification number (EIN) of FRIENDS OF THE NEW YORK TRANSIT MUSEUM is 11-3299408.
Is FRIENDS OF THE NEW YORK TRANSIT MUSEUM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to FRIENDS OF THE NEW YORK TRANSIT MUSEUM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF THE NEW YORK TRANSIT MUSEUM file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRIENDS OF THE NEW YORK TRANSIT MUSEUM due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF THE NEW YORK TRANSIT MUSEUM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FRIENDS OF THE NEW YORK TRANSIT MUSEUM?
The 990 for the year ended December 31, 2024 names REGINA SHEPHERD.
Who are the officers and directors of FRIENDS OF THE NEW YORK TRANSIT MUSEUM?
The 990 for the year ended December 31, 2024 lists 16 people; 2 received compensation from the organization, the highest $128,827 (SARAH LANDRETH, DIRECTOR OF DEVELOPMENT).
How much revenue does FRIENDS OF THE NEW YORK TRANSIT MUSEUM have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,066,902, expenses of $3,277,415 and total assets of $15,406,951 at year end.

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