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Nonprofit · EIN 68-0639985

THE AMERICAN FRIENDS OF THE MODERNA MUSEET INC

Tax-exempt · NEW YORK, NY 10004

Financials

$572K$644K2023$1.8M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of THE AMERICAN FRIENDS OF THE MODERNA MUSEET INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,759,820$1,770,874-$11,054$146,382$0$146,382
December 31, 2023990$572,069$644,203-$72,134$157,436$0$157,436
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,759,791
Membership dues
$63,991
Program service revenue
$0
Investment income
$29
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,720,800
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$32,800
Accounting fees
$13,500
Program services (functional)
$1,720,800
Management and general (functional)
$50,074

Balance sheet and other

Total assets, start of year
$157,436
Total assets, end of year
$146,382
Total liabilities, end of year
$0
Net assets, end of year
$146,382
Gross receipts
$1,759,820
Employees
0
Volunteers
0
Year formed
2007
State of legal domicile
CT

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 / weekCompensation
Helena SkarstedtPresident
Trustee or director, Officer
10$0
Per SkarstedtTreasurer
Trustee or director, Officer
1$0
Ake SkeppnerDirector
Trustee or director
1$0
Peggy AndersonDirector
Trustee or director
1$0
Bjorn KonigDirector
Trustee or director
1$0
Katarina SwanstromSecretary & Assistant Trea
Trustee or director, Officer
1$0
Gitte OrskouDirector
Trustee or director
1$0
Chris MackDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Helena SkarstedtPresident
Trustee or director, Officer
10$0
Per SkarstedtTreasurer
Trustee or director, Officer
1$0
Ake SkeppnerDirector
Trustee or director
1$0
Peggy AndersonDirector
Trustee or director
1$0
Bjorn KonigDirector
Trustee or director
1$0
Katarina SwanstromSecretary & Assistant Trea
Trustee or director, Officer
1$0
Gitte OrskouDirector
Trustee or director
1$0
Chris MackDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
125 BROAD STREET 3927, NEW YORK, NY 10004-2498
In care of
% SULLIVAN & CROMWELL LLP
Principal officer (990 for 2024)
Helena Skarstedt, 115 East 73rd Street, New York, NY 10021
Signed the 990
Helena Skarstedt, President
Phone
(212) 288-5041
Return prepared by
Sullivan & Cromwell LLP

Mission

See Schedule O

990 for the year ended December 31, 2024

Program accomplishments

  • To encourage the appreciation and enjoyment of modern and contemporary art by supporting the charitable and educational activities of the Moderna Museet (a museum of modern and contemporary art located in Stockholm, Sweden)
    Expenses $1,720,800 · grants $1,720,800

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
68-0639985
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
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$146,382
Income (IRS master file)
$1,759,820

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,759,820$1,770,874$146,382XML
990December 2023$572,069$644,203$157,436XML
990December 2022$897,888$821,667$229,570IRS
990December 2021–––IRS
990December 2020–––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 68-0639985).

Questions about THE AMERICAN FRIENDS OF THE MODERNA MUSEET INC

What is the EIN of THE AMERICAN FRIENDS OF THE MODERNA MUSEET INC?
The employer identification number (EIN) of THE AMERICAN FRIENDS OF THE MODERNA MUSEET INC is 68-0639985.
Is THE AMERICAN FRIENDS OF THE MODERNA MUSEET INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to THE AMERICAN FRIENDS OF THE MODERNA MUSEET INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE AMERICAN FRIENDS OF THE MODERNA MUSEET INC 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 THE AMERICAN FRIENDS OF THE MODERNA MUSEET INC 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 THE AMERICAN FRIENDS OF THE MODERNA MUSEET INC 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 THE AMERICAN FRIENDS OF THE MODERNA MUSEET INC?
The 990 for the year ended December 31, 2024 names Helena Skarstedt.
Who are the officers and directors of THE AMERICAN FRIENDS OF THE MODERNA MUSEET INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does THE AMERICAN FRIENDS OF THE MODERNA MUSEET INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,759,820, expenses of $1,770,874 and total assets of $146,382 at year end.

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