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Arts, Culture, Humanities : Museums

The Morgan Library & Museum

Preserving, studying, presenting, and interpreting a collection of extraordinary quality

three stars

87.43

225 Madison Avenue New York, NY 10016
tel: (212) 590-0322   Web Site
EIN: 13-1624146

Board Leadership
Lawrence R. Ricciardi
President

CEO
Colin B. Bailey
Director

  Score
(out of 100)
Rating
Overall Score & Rating 87.43 three stars
  Financial 86.04 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Transformed into a public institution by J.P. Morgan, Jr. in 1924, the mission of The Morgan Library & Museum is to preserve, build, study, present, and interpret a collection of extraordinary quality, in order to stimulate enjoyment, excite the imagination, advance learning, and nurture creativity. A global institution focused on the European and American traditions, the Morgan houses one of the world's foremost collections of manuscripts, rare books, music, drawings, and ancient and other works of art. These holdings, which represent the legacy of Pierpont Morgan and numerous later benefactors, comprise a unique and dynamic record of civilization, as well as an incomparable repository of ideas and of the creative process.

Transformed into a public institution by J.P. Morgan, Jr. in 1924, the mission of The Morgan Library & Museum is to preserve, build, study, present, and interpret a collection of extraordinary quality, in order to stimulate enjoyment, excite the imagination, advance learning, and nurture creativity. A global institution focused on the European and American traditions, the Morgan houses one of the world's foremost collections of manuscripts, rare books, music, drawings, and ancient and other works of art. These holdings, which represent the legacy of Pierpont Morgan and numerous later benefactors, comprise a unique and dynamic record of civilization, as well as an incomparable repository of ideas and of the creative process.

Impact Information

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Financial

three stars

86.04

Accountability & Transparency

three stars

89.00

This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
73.4%
  Administrative Expenses 16.7%
  Fundraising Expenses 9.8%
  Fundraising Efficiency $0.16
  Working Capital Ratio (years) 7.95
  Program Expenses Growth 2.0%
  Liabilities to Assets 5.1%
All data for Financial Performance Metrics calculations was provided by The Morgan Library & Museum on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Morgan Library & Museum on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Morgan Library & Museum (NY) 87.43 three stars
National Yiddish Book Center (MA) 85.69 three stars
Library Company of Philadelphia (PA) 86.21 three stars
The Richard Nixon Foundation (CA) 90.46 four stars
The HistoryMakers (IL) 90.00 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $10,927,324
   Federated Campaigns $0
   Membership Dues $2,541,442
   Fundraising Events $564,200
   Related Organizations $0
   Government Grants $165,500
Total Contributions $14,198,466
   Program Service Revenue $3,540,878
Total Primary Revenue $17,739,344
   Other Revenue $25,575,407
TOTAL REVENUE $43,314,751
   
EXPENSES  
   Program Expenses $19,051,926
   Administrative Expenses $4,467,783
   Fundraising Expenses $2,551,264
TOTAL FUNCTIONAL EXPENSES $26,070,973
   
Payments to Affiliates $0
Excess (or Deficit) for the year $17,243,778
   
Net Assets $348,999,777

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Curatorial Programs $9,745,306 51.2%
Library and Museum Services $3,937,657 20.7%
Public Programs $3,326,364 17.5%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-03 06/01/2019 87.43 three stars
2017-03 07/01/2018 87.87 three stars
2016-03 11/01/2017 87.25 three stars
2015-03 10/01/2016 86.14 three stars
2014-03 06/01/2016 84.95 three stars
 
CN 2.0
2014-03 10/01/2015 87.93 three stars
2013-03 10/01/2014 84.10 three stars
2012-03 08/01/2013 84.99 three stars
2011-03 06/01/2012 84.34 three stars
2010-03 09/20/2011 78.76 two stars
 
CN 1.0
2010-03 07/01/2011 72.39 two stars
2009-03 08/01/2010 85.74 three stars
2008-03 08/01/2009 82.27 three stars
2007-03 04/01/2009 81.50 three stars
2006-03 04/01/2008 75.56 two stars
2005-03 07/01/2006 68.87 one star
2004-03 07/01/2005 74.41 two stars
2003-03 06/01/2004 94.17 four stars
2002-03 09/01/2003 94.89 four stars
2001-03 10/15/2002 79.53 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-1624146
Name in IRS Master File PIERPONT MORGAN LIBRARY
NTEE Code B70
NTEE Classification Libraries
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (61) Library
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 1925
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End March
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • March, 2017
  • March, 2016
  • March, 2015
  • March, 2014
  • March, 2013
Compensation % of Expenses Paid to Title
$565,547 2.16% Colin B. Bailey Director

Highly Rated

Charity Name & State Overall Score Overall Rating
The Morgan Library & Museum (NY) 87.43 three stars
Library Company of Philadelphia (PA) 86.21 three stars
The Huntington Library, Art Collections, and Botanical Gardens (CA) 94.50 four stars
National Yiddish Book Center (MA) 85.69 three stars
YIVO Institute for Jewish Research (NY) 94.12 four stars

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Charity Contact Info

The Morgan Library & Museum
225 Madison Avenue
New York, NY 10016
tel: (212) 590-0322
fax: (212) 481-3484
EIN: 13-1624146

Visit Web Site

Board Leadership

Lawrence R. Ricciardi
President

CEO

Colin B. Bailey
Director

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