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Nonprofit · EIN 13-1985627

AMERICAN FOLK ART MUSEUM

Tax-exempt · NEW YORK, NY 10023

Financials

$9.6M$5.4M2022$5.5M$6.7M2023$6.1M$6M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN FOLK ART MUSEUM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$6,148,511$6,006,629$141,882$17,155,441$271,423$16,884,018
June 30, 2024990$5,537,927$6,661,763-$1,123,836$16,977,226$235,092$16,742,134
June 30, 2023990$9,565,100$5,366,290$4,198,810$16,954,252$407,884$16,546,368
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,966,233
of which government grants
$491,631
Program service revenue
$982,404
Investment income
$1,844,831
Net gain from sales of assets
-$1,510
Net income from fundraising events
$326,837
Net income from sales of inventory
$11,326
Other revenue
$355,043

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$518,000
Other salaries and wages
$2,085,681
Salaries, compensation and benefits (total)
$3,090,203
Professional fundraising fees
$0
Legal fees
$813,063
Occupancy
$386,456
Travel
$25,515
Depreciation
$120,139
Program services (functional)
$3,996,514
Management and general (functional)
$1,383,305
Fundraising (functional)
$626,810

Balance sheet and other

Total assets, start of year
$16,977,226
Total assets, end of year
$17,155,441
Total liabilities, end of year
$271,423
Net assets, end of year
$16,884,018
Land, buildings and equipment
$331,650
Publicly traded securities
$12,833,027
Net assets without donor restrictions
$511,485
Net assets with donor restrictions
$16,372,531
Gross receipts
$6,939,313
Employees
46
Volunteers
20
Year formed
1961
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JASON T BUSCHDIRECTOR AND CEO
Officer
37.5$331,886$16,950
MARK EDENCHIEF FINANCIAL OFFICER
Officer
37.5$166,163$9,154
KARLEY A KLOPFENSTEINDEPUTY DIRECTOR AND CHIEF DEVELOPMENT OFFICER
Highest-paid employee
37.5$117,907$11,326
VALERIE ROUSSEAUCURATORIAL CHAIR FOR EXHIBITIONS AND SENIOR CURATOR OF SELF-TAUGHT ART AND ART BRUT
Highest-paid employee
37.5$100,379$18,797
BRETT A ROBBINSTREASURER
Trustee or director, Officer
1$0$0
BRIAN DONNELLYTRUSTEE
Trustee or director, Officer
1$0$0
EDWARD V BLANCHARD JRCHAIRMAN
Trustee or director, Officer
1$0$0
ELIZABETH V WARRENPRESIDENT
Trustee or director, Officer
1$0$0
GAIL WRIGHT SIRMANSTRUSTEE
Trustee or director
1$0$0
JANE A SHALLATTRUSTEE
Trustee or director
1$0$0
KARIN FIELDINGTRUSTEE
Trustee or director
1$0$0
LAURA PARSONSTRUSTEE
Trustee or director
1$0$0
LAWRENCE B BENENSONTRUSTEE
Trustee or director
1$0$0
LESLIE SEEMANTRUSTEE
Trustee or director
1$0$0
LUCY C DANZIGERVICE PRESIDENT
Trustee or director, Officer
1$0$0
22 more people on this return
NameTitleHours / weekCompensation
PETER RAPAPORTTRUSTEE
Trustee or director, Officer
1$0
ROBERTA S TERKOWITZSECRETARY
Trustee or director, Officer
1$0
BRUCE J WENDELTRUSTEE
Trustee or director
1$0
JULIA ALEXANDERTRUSTEE
Trustee or director
1$0
LUC M VOLATIERTRUSTEE
Trustee or director
1$0
BARBARA L GORDONTRUSTEE
Trustee or director, Officer
1$0
WILLET BRACKEN EVANSTRUSTEE
Trustee or director
1$0
BEN Z COHENTRUSTEE
Trustee or director
1$0
ELLEN BROOKSTRUSTEE
Trustee or director
1$0
CHRISTOPHER GIGIOTRUSTEE
Trustee or director
1$0
LANA MASORTRUSTEE
Trustee or director
1$0
RAYMONDY THERMIDORTRUSTEE
Trustee or director
1$0
JOYCE B COWINTRUSTEE
Trustee or director
1$0
DAVID DELUCATRUSTEE
Trustee or director
1$0
JOLIE ALTMANTRUSTEE
Trustee or director
1$0
LYBRA CLEMONSTRUSTEE
Trustee or director
1$0
GILL HOLLANDTRUSTEE
Trustee or director
1$0
EDWARD SHAPIROTRUSTEE
Trustee or director
1$0
JAMES ROHRBACHTRUSTEE
Trustee or director
1$0
LEE ANN DILLONTRUSTEE
Trustee or director
1$0
DENNIS PAUSTENBACHTRUSTEE
Trustee or director
1$0
RODNEY BEARDTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 35 people
NameTitleHours / weekCompensationOther / benefits
JASON T BUSCHDIRECTOR AND CEO
Officer
35$321,882$19,928
MARK EDENCHIEF FINANCIAL OFFICER
Officer
35$171,831$4,078
KARLEY A KLOPFENSTEINDEPUTY DIRECTOR AND CHIEF DEVELOPMENT OFFICER
Highest-paid employee
35$116,592$20,134
CHRISTOPHER GORMANDEPUTY DIRECTOR AND CHIEF COMMUNICATIONS OFFICER
Highest-paid employee
35$122,017$13,925
VALERIE ROUSSEAUCURATORIAL CHAIR FOR EXHIBITIONS AND SENIOR CURATOR OF SELF-TAUGHT ART AND ART BRUT
Highest-paid employee
35$103,720$27,610
BRETT A ROBBINSTREASURER
Trustee or director, Officer
1$0$0
BRIAN DONNELLYTRUSTEE
Trustee or director, Officer
1$0$0
EDWARD V BLANCHARD JRCHAIRMAN
Trustee or director, Officer
1$0$0
ELIZABETH V WARRENPRESIDENT
Trustee or director, Officer
1$0$0
GAIL WRIGHT SIRMANSTRUSTEE
Trustee or director
1$0$0
JANE A SHALLATTRUSTEE
Trustee or director
1$0$0
KARIN FIELDINGTRUSTEE
Trustee or director
1$0$0
LAURA PARSONSTRUSTEE
Trustee or director
1$0$0
LAWRENCE B BENENSONTRUSTEE
Trustee or director
1$0$0
LESLIE SEEMANTRUSTEE
Trustee or director
1$0$0
LUCY C DANZIGERVICE PRESIDENT
Trustee or director, Officer
1$0$0
PETER RAPAPORTTRUSTEE
Trustee or director, Officer
1$0$0
ROBERTA S TERKOWITZSECRETARY
Trustee or director, Officer
1$0$0
BRUCE J WENDELTRUSTEE
Trustee or director
1$0$0
JULIA ALEXANDERTRUSTEE
Trustee or director
1$0$0
LUC M VOLATIERTRUSTEE
Trustee or director
1$0$0
BARBARA L GORDONTRUSTEE
Trustee or director, Officer
1$0$0
WILLET BRACKEN EVANSTRUSTEE
Trustee or director
1$0$0
BEN Z COHENTRUSTEE
Trustee or director
1$0$0
ELLEN BROOKSTRUSTEE
Trustee or director
1$0$0
CHRISTOPHER GIGIOTRUSTEE
Trustee or director
1$0$0
LANA MASORTRUSTEE
Trustee or director
1$0$0
RAYMONDY THERMIDORTRUSTEE
Trustee or director
1$0$0
JOYCE B COWINTRUSTEE
Trustee or director
1$0$0
DAVID DELUCATRUSTEE
Trustee or director
1$0$0
JOLIE ALTMANTRUSTEE
Trustee or director
1$0$0
LYBRA CLEMONSTRUSTEE
Trustee or director
1$0$0
GILL HOLLANDTRUSTEE
Trustee or director
1$0$0
EDWARD SHAPIROTRUSTEE
Trustee or director
1$0$0
JAMES ROHRBACHTRUSTEE
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 30 people
NameTitleHours / weekCompensationOther / benefits
JASON T BUSCHDIRECTOR AND CEO
Officer
35$306,069$18,176
KARLEY A KLOPFENSTEINDEPUTY DIRECTOR AND CHIEF DEVELOPMENT OFFICER
Highest-paid employee
35$100,703$18,873
CHRISTOPHER GORMANDEPUTY DIRECTOR AND CHIEF COMMUNICATIONS OFFICER
Highest-paid employee
35$100,423$2,953
AUDREY HECKLERVICE PRESIDENT
Trustee or director, Officer
1$0$0
BARBARA L GORDONTRUSTEE
Trustee or director
1$0$0
BRETT A ROBBINSTREASURER
Trustee or director, Officer
1$0$0
BRIAN DONNELLYTRUSTEE
Trustee or director
1$0$0
EDWARD V BLANCHARD JRCHAIRMAN
Trustee or director, Officer
1$0$0
ELIZABETH V WARRENPRESIDENT
Trustee or director, Officer
1$0$0
GAIL WRIGHT SIRMANSTRUSTEE
Trustee or director
1$0$0
JANE A SHALLATTRUSTEE
Trustee or director
1$0$0
KARIN FIELDINGTRUSTEE
Trustee or director
1$0$0
LAURA PARSONSTRUSTEE
Trustee or director
1$0$0
LAWRENCE B BENENSONTRUSTEE
Trustee or director
1$0$0
LESLIE SEEMANTRUSTEE
Trustee or director
1$0$0
LUCY C DANZIGERVICE PRESIDENT
Trustee or director, Officer
1$0$0
PETER RAPAPORTTRUSTEE
Trustee or director
1$0$0
ROBERTA S TERKOWITZSECRETARY
Trustee or director, Officer
1$0$0
BRUCE J WENDELTRUSTEE
Trustee or director
1$0$0
JULIA ALEXANDERTRUSTEE
Trustee or director
1$0$0
LUC M VOLATIERTRUSTEE
Trustee or director
1$0$0
SEOL PARKTRUSTEE
Trustee or director
1$0$0
WILLET BRACKEN EVANSTRUSTEE
Trustee or director
1$0$0
BEN Z COHENTRUSTEE
Trustee or director
1$0$0
ELLEN BROOKSTRUSTEE
Trustee or director
1$0$0
CHRISTOPHER GIGIOTRUSTEE
Trustee or director
1$0$0
LANA MASORTRUSTEE
Trustee or director
1$0$0
RAYMONDY THERMIDORTRUSTEE
Trustee or director
1$0$0
JOYCE B COWINTRUSTEE
Trustee or director
1$0$0
DAVID DELUCATRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2 LINCOLN SQUARE, NEW YORK, NY 10023-6229
In care of
% JASON T BUSCH
Principal officer (990 for 2024)
JASON T BUSCH, 2 LINCOLN SQUARE, NEW YORK, NY 10023
Signed the 990
MARK EDEN, CHIEF FINANCIAL OFFICER
Phone
(212) 595-9533

Mission

FOUNDED IN 1961 THE AMERICAN FOLK ART MUSEUM IS THE NATIONS MUSEUM OF FOLK AND SELF-TAUGHT ARTISTS. CANDID GENUINE AND UNEXPECTED. AFAM CELEBRATES THE CREATIVITY OF INDIVIDUALS WHOSE SINGULAR TALENTS HAVE BEEN REFINED THROUGH PERSONAL EXPERIENCE RATHER THAN FORMAL ARTISTIC TRAINING WITH A COLLECTION SPANNING 7,500 WORKS OF ART FROM FOUR CENTURIES AND NEARLY EVERY CONTINENT THE MUSEUM ENGAGES PEOPLE OF ALL BACKGROUNDS THROUGH ITS COLLECTIONS EXHIBITIONS PUBLICATIONS AND PUBLIC PROGRAMS AS THE LEADING FORUM SHAPING THE UNDERSTANDING AND APPRECIATION OF FOLK AND SELF-TAUGHT ART THANKS TO THE GENEROUS SUPPORT OF OUR MEMBER PATRONS AND DONORS ADMISSION IS ALWAYS FREE.

990 for the year ended June 30, 2025

Program accomplishments

  • EXHIBITIONS AND COLLECTIONS - DEVELOPMENT AND PRESENTATION OF EXHIBITIONS AND PROGRAMS THAT PRESENT NEW IDEAS ARTISTS AND ARTWORKS THAT SHAPE AND DEFINE THE FIELD OF FOLK ART AND WORK OF SELF-TAUGHT ARTISTS. THE MUSEUM ALSO MAINTAINS AND PRESERVES A COMPREHENSIVE COLLECTION OF MORE THAT 7,000 OBJECTS; LOANS ARTWORKS TO OTHER INSTITUTIONS; ORGANIZES TRAVELING EXHIBITIONS AND MAKES ITS COLLECTION AVAILABLE FOR STUDY.
    Expenses $1,169,994 · revenue $242,876
  • MUSEUM GIFT SHOP AND E-COMMERCE PLATFORM MAKES MERCHANDISE AVAILABLE TO THE PUBLIC INCLUDING HAND-MADE ITEMS ARTISTIC REPRODUCTIONS AND PUBLICATIONS THAT REFLECT THE MISSION AND VISION OF THE MUSEUM.
    Expenses $563,014 · revenue $574,340
  • EDUCATION PROGRAMS THAT BENEFIT PRE-K THROUGH 12TH GRADE STUDENTS WITH SINGLE CLASS VISITS; MUSEUM-SCHOOL PARTNERSHIPS; TEEN DOCENT PROGRAMS AND SUMMER CAMP PROGRAMS; MONTHLY FAMILY PROGRAMS HANDS ON WORKSHOPS FOR ADULTS WEEKLY MUSIC EVENTS PROGRAMS FOR SENIORS WITH ALZHEIMERS DISEASE TOURS FOR BLIND AND VISTORS WITH LOW VISION A YEAR-LONG PAID INTERNSHIP FOR LAGUARDIA COMMUNITY COLLEGE STUDENTS PROFESSIONAL DEVELOPMENT WORKSHOPS FOR NYC TEACHERS AND OPEN HOUSES FOR TEACHERS AND SCHOOL ADMINISTRATORS; AN EDUCATIONAL LIBRARY AND STUDY CENTER FOR THE BENEFIT OF SCHOLARS AND RESEARCHERS AND THE GENERAL PUBLIC BY APPOINTMENT; AND ADULT PROGRAMS THAT SERVE LIFE-LONG LEARNERS WITH A ROBUST PROGRAM OF LECTURES FILMS DOCENT TOURS SYMPOSIA AND SPECIAL EVENTS.
    Expenses $354,115 · revenue $82,339
  • SUPPORT SERVICES
    Expenses $1,909,391

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
13-1985627
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
1964
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$17,155,441
Income (IRS master file)
$6,939,313

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$6,148,511$6,006,629$17,155,441IRS
990June 2024$5,537,927$6,661,763$16,977,226IRS
990June 2023$9,565,100$5,366,290$16,954,252XML
990June 2022$5,728,873$4,521,552$11,749,573IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 13-1985627).

Questions about AMERICAN FOLK ART MUSEUM

What is the EIN of AMERICAN FOLK ART MUSEUM?
The employer identification number (EIN) of AMERICAN FOLK ART MUSEUM is 13-1985627.
Is AMERICAN FOLK ART MUSEUM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
Are donations to AMERICAN FOLK ART MUSEUM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN FOLK ART 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 AMERICAN FOLK ART MUSEUM due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AMERICAN FOLK ART MUSEUM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of AMERICAN FOLK ART MUSEUM?
The 990 for the year ended June 30, 2025 names JASON T BUSCH.
Who are the officers and directors of AMERICAN FOLK ART MUSEUM?
The 990 for the year ended June 30, 2025 lists 37 people; 4 received compensation from the organization, the highest $331,886 (JASON T BUSCH, DIRECTOR AND CEO).
How much revenue does AMERICAN FOLK ART MUSEUM have?
On its 990 for the year ended June 30, 2025 it reported revenue of $6,148,511, expenses of $6,006,629 and total assets of $17,155,441 at year end.

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