The Studio Museum In Harlem is located in New York, NY. The organization was established in 1967. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Studio Museum In Harlem employed 119 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Studio Museum In Harlem is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Studio Museum In Harlem generated $47.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $16.2m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NEXUS FOR ARTISTS OF AFRICAN DESCENT, LOCALLY, NATIONALLY, AND INTERNATIONALLY, AND FOR WORK THAT HAS BEEN INSPIRED AND INFLUENCED BY BLACK CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURATORIAL: THROUGH CURATORIAL PROJECTS IN FY23, THE STUDIO MUSEUM PRESENTED EXHIBITIONS THAT EMBODIED OUR COMMITMENT TO CHAMPIONING ARTISTS OF AFRICAN DESCENT AND OFFERED FRESH PERSPECTIVES ON CONTEMPORARY ART FOR OUR COMMUNITIES. THE MUSEUM REMAINS AT THE FOREFRONT OF THE CONTEMPORARY ART WORLD THROUGH ITS DETERMINATION TO SHARE A DIVERSE ARRAY OF ARTISTS' PERSPECTIVES, MEDIA, AND CONTENT. THE STUDIO MUSEUM'S ARTIST-IN-RESIDENCE PROGRAM RETURNED TO THEIR STUDIOS AT STUDIO MUSEUM 127 WITH THE THREE PARTICIPATING ARTISTS RECEIVING CRITICAL EARLY-CAREER SUPPORT INCLUDING MENTORSHIP FROM MUSEUM STAFF, A STIPEND, AND A CULMINATING EXHIBITION. THROUGH THE EXPANSION OF THE PERMANENT COLLECTION AND ARCHIVAL RESOURCES AVAILABLE ON OUR WEBSITE, CURATORIAL PROJECTS SERVED AS A SPRINGBOARD TO ACTIVATE DIALOGUE BETWEEN CURATORS, ARTISTS, AND LOCAL, NATIONAL, AND INTERNATIONAL AUDIENCES.
EXHIBITIONS: THOMAS J PRICE: WITNESS CLOSED A YEAR-LONG PROJECT IN MARCUS GARVEY PARK IN OCTOBER 2022. THROUGH OUR MULTI-YEAR PARTNERSHIP WITH THE MUSEUM OF MODERN ART, WE PRESENTED PROJECTS: MING SMITH, AN EXHIBITION CULLED FROM THE ARTIST'S ARCHIVE, IT FEATURED A CRITICAL REINTRODUCTION TO THIS HARLEM-BASED PHOTOGRAPHER WHO HAS BEEN WORKING SINCE THE 1970S. IT'S TIME FOR ME TO GO: STUDIO MUSEUM ARTISTS IN RESIDENCE 2021-22 FEATURED THE WORK OF THIS COHORT CREATED WHILE IN RESIDENCE AND WAS ON VIEW NOVEMBER 2022-FEBRUARY 2023 AT MOMA PS1. OUR SIGNATURE HARLEM POSTCARDS SERIES CONTINUED IN ITS ONLINE FORMAT, FEATURING TWO SEASONS OF NEW WORK BY CONTEMPORARY ARTISTS. COMMUNICATIONS, RETAIL AND VISITOR SERVICES WORKED CLOSELY WITH OUR CORE PROGRAMS TO EXPAND ENGAGEMENT WITH THE MUSEUM'S ACTIVITIES. THE COMMUNICATIONS TEAM WORKED ON AN INSTITUTIONAL REBRAND AND REDESIGN OF THE WEBSITE IN PREPARATION FOR THE OPENING OF OUR NEW BUILDING. THE RETAIL TEAM WORKED WITH ARTISTS AND DEVELOPED DESIGN PARTNERSHIPS TO CREATE PRODUCT CAPSULES AND PRODUCTS FOR THE ONLINE STORE. THE TEAM IS PREPARING TO OPEN A BRICK-AND-MORTAR STORE THAT WILL RESIDE IN THE NEW BUILDING.
CAPITAL PROJECT: THE STUDIO MUSEUM IS CURRENTLY CONSTRUCTING THE FIRST BUILDING IN ITS HISTORY CREATED EXPRESSLY FOR THE NEEDS OF THE INSTITUTION AND ITS COMMUNITIES. DESIGNED BY ADJAYE ASSOCIATES WITH COOPER ROBERTSON, THE NEW BUILDING OCCUPIES THE SITE ON WEST 125TH STREET ON WHICH THE STUDIO MUSEUM HAD BEEN OPERATING SINCE 1982, IN A CENTURY-OLD COMMERCIAL STRUCTURE ADAPTED BY THE CELEBRATED ARCHITECT J. MAX BOND, JR. UNDERTAKEN AS A PUBLIC-PRIVATE INITIATIVE IN PARTNERSHIP WITH THE CITY OF NEW YORK, THE NEW 82,000-SQUARE-FOOT BUILDING WILL ENABLE THE STUDIO MUSEUM TO: EXPAND ITS INTERNATIONALLY RENOWNED EXHIBITIONS AND, FOR THE FIRST TIME, SIMULTANEOUSLY ENABLE IT TO DISPLAY INSTALLATIONS FROM ITS UNPARALLELED PERMANENT COLLECTION; OFFER INCREASED EDUCATIONAL OPPORTUNITIES AND PUBLIC PROGRAMS FOR ITS GROWING AND DIVERSE AUDIENCE; WELCOME VISITORS WITH AN ENHANCED EXPERIENCE; AND ESTABLISH A DISTINGUISHED ARCHITECTURAL PRESENCE ON WEST 125TH STREET, AS A CULTURAL ANCHOR FOR THE HARLEM COMMUNITY. ADDITIONALLY, SPACE FOR EXHIBITIONS AND THE MUSEUM'S SIGNATURE ARTIST-IN-RESIDENCE PROGRAM WILL MORE THAN DOUBLE, AND INDOOR AND OUTDOOR PUBLIC SPACE (INCLUDING SPACE FOR EDUCATIONAL ACTIVITIES AND OTHER PROGRAMS) WILL INCREASE BY ALMOST SEVENTY PERCENT.
LEARNING & ENGAGEMENT: OUR EDUCATION DEPARTMENT REMAINED DEDICATED TO TRANSFORMING CLASSROOMS AND HOMES INTO EXPLORATIVE LABORATORIES WHERE SCHOOLCHILDREN, FAMILIES, AND YOUTH AUDIENCES CAN EXPERIENCE ART BEYOND MUSEUM WALLS. IN FY23, WE WORKED CLOSELY ALONGSIDE OUR SCHOOL & COMMUNITY PARTNERS TO OFFER SESSIONS WITH ARTIST EDUCATORS THAT FOCUSED ON CARE AND PLAY WHILE OFFERING ALTERNATIVE WAYS OF THINKING ABOUT ART MAKING AND CREATIVITY. THIS WORK WAS COMPLEMENTED BY DOWNLOADABLE LESSON PLANS AND RESOURCES MADE AVAILABLE ON OUR WEBSITE TO PROVIDE A "MUSEUM FROM HOME" EXPERIENCE. STUDIO MUSEUM INSTITUTE PROGRAMS CONTINUED IN A HYBRID FORMAT AND REMAINED A SITE FOR INCUBATION, IDEATION, AND SUPPORT THROUGH FELLOWSHIP, INTERNSHIP, MUSEUM PROFESSIONALS SEMINAR, AND MUSEUM EDUCATION PRACTICUM OPPORTUNITIES. THE INSTITUTE ALSO INTRODUCED A NEW CONVENING, MUSEUMS AS SYSTEMS, THAT OFFERED PANEL DISCUSSIONS ENCOURAGING ATTENDEES TO ENGAGE WITH AND BE MOTIVATED BY THE STUDIO MUSEUM'S MISSION. EXPANDING THE WALLS SUPPORTED 16 LOCAL TEENS IN DEFINING THEIR ARTISTIC PRACTICES DURING THE 8-MONTH COURSE, CULMINATING IN AN EXHIBITION ON THE MUSEUM'S WEBSITE. THE PUBLIC PROGRAMS DEPARTMENT ORGANIZED FREE PUBLIC EVENTS IN CONNECTION WITH OUR EXHIBITION PROGRAMMING FEATURING ARTISTS, CURATORS, AND SCHOLARS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Raymond J Mcguire Chairman | OfficerTrustee | 2 | $0 |
Carol Sutton Lewis Vice-Chair | OfficerTrustee | 2 | $0 |
Rodney M Miller Sr Treasurer | OfficerTrustee | 2 | $0 |
Jacqueline L Bradley Secretary | OfficerTrustee | 2 | $0 |
Nicholas Antoine Trustee | Trustee | 1 | $0 |
Laura Day Baker Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cooper Robertson Architectural Design Services | 6/29/23 | $767,784 |
Zubatkin Owner Representation Llc Project Management Services | 6/29/23 | $761,253 |
Hirani Engineering & Land Surveying Engineering Services | 6/29/23 | $535,533 |
Sciame Construction Llc Construction Services | 6/29/23 | $26,266,637 |
Pennington Gray Fundraising Services | 6/29/23 | $231,795 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $115,522 |
Fundraising events | $1,457,453 |
Related organizations | $0 |
Government grants | $22,481,087 |
All other contributions, gifts, grants, and similar amounts not included above | $18,767,700 |
Noncash contributions included in lines 1a–1f | $338,284 |
Total Revenue from Contributions, Gifts, Grants & Similar | $42,821,762 |
Total Program Service Revenue | $271,955 |
Investment income | $2,379,462 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $7,112 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$328,533 |
Net Income from Fundraising Events | $1,901,317 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $118,788 |
Miscellaneous Revenue | $0 |
Total Revenue | $47,220,609 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $216,750 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,564,012 |
Compensation of current officers, directors, key employees. | $736,519 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,288,762 |
Pension plan accruals and contributions | $302,717 |
Other employee benefits | $657,376 |
Payroll taxes | $423,463 |
Fees for services: Management | $0 |
Fees for services: Legal | $94,936 |
Fees for services: Accounting | $140,612 |
Fees for services: Lobbying | $108,050 |
Fees for services: Fundraising | $247,450 |
Fees for services: Investment Management | $148,739 |
Fees for services: Other | $1,154,512 |
Advertising and promotion | $673,165 |
Office expenses | $871,866 |
Information technology | $405,607 |
Royalties | $0 |
Occupancy | $2,681,263 |
Travel | $146,849 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $20,768 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $92,345 |
Insurance | $95,121 |
All other expenses | $4,971 |
Total functional expenses | $16,164,729 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,423,000 |
Savings and temporary cash investments | $33,691,642 |
Pledges and grants receivable | $28,724,063 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $6,702,733 |
Inventories for sale or use | $89,501 |
Prepaid expenses and deferred charges | $268,802 |
Net Land, buildings, and equipment | $108,994,460 |
Investments—publicly traded securities | $51,118,032 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $17,893,799 |
Total assets | $254,906,032 |
Accounts payable and accrued expenses | $1,069,921 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $9,100,553 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $29,046,614 |
Total liabilities | $39,217,088 |
Net assets without donor restrictions | $138,559,440 |
Net assets with donor restrictions | $77,129,504 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $254,906,032 |