Arts, Culture, Humanities : Museums

The Morgan Library & Museum

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

three stars

89.12

225 Madison Avenue New York, NY 10016
tel: (212) 590-0335   Web Site
EIN: 13-1624146

Board Leadership
Lawrence R. Ricciardi
President

CEO
Colin B. Bailey
Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.12 three stars
  Financial 89.25 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 02/01/2021 and includes data from FY2019, 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.

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Financial

three stars

89.25

Accountability & Transparency

three stars

89.00

This rating was published 02/01/2021 and includes data from FY2019, 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)
74.0%
  Administrative Expenses 16.2%
  Fundraising Expenses 9.6%
  Fundraising Efficiency $0.16
  Working Capital Ratio (years) 7.54
  Program Expenses Growth 5.0%
  Liabilities to Assets 5.3%
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.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $17,128,245
   Federated Campaigns $0
   Membership Dues $2,502,321
   Fundraising Events $731,648
   Related Organizations $0
   Government Grants $191,376
Total Contributions $20,553,590
   Program Service Revenue $3,883,163
Total Primary Revenue $24,436,753
   Other Revenue $11,493,066
TOTAL REVENUE $35,929,819
   
EXPENSES  
   Program Expenses $20,959,330
   Administrative Expenses $4,203,021
   Fundraising Expenses $2,613,393
TOTAL FUNCTIONAL EXPENSES $27,775,744
   
Payments to Affiliates $0
Excess (or Deficit) for the year $8,154,075
   
Net Assets $350,657,740

Charts

Compensation % of Expenses Paid to Title
$601,903 2.16% Colin B. Bailey Director

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Morgan Library & Museum (NY) 89.12 three stars
National Constitution Center (PA) 85.13 three stars
Naval Aviation Museum Foundation (FL) 92.82 four stars
Peabody Essex Museum (MA) 88.37 three stars
Muhammad Ali Center (KY) 88.05 three stars

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Charity Contact Info

The Morgan Library & Museum
225 Madison Avenue
New York, NY 10016
tel: (212) 590-0335
EIN: 13-1624146

Visit Web Site

Board Leadership

Lawrence R. Ricciardi
President

CEO

Colin B. Bailey
Director