Museum Association Of New York is located in Troy, NY. The organization was established in 1993. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Museum Association Of New York employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Museum Association Of New York 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 12/2023, Museum Association Of New York generated $508.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $554.5k during the year ending 12/2023. While expenses have increased by 5.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
MANY ENSURES THAT NEW YORK STATE MUSEUMS OPERATE AT THEIR FULL POTENTIAL AS ECONOMIC DRIVERS AND ESSENTIAL COMPONENTS OF THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RESOURCES TO ADVOCATE, EDUCATE, COLLABORATE, AND SUPPORT PROFESSIONAL STANDARDS AND ORGANIZATIONAL DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erika Sanger Executive Dir. | Officer | 40 | $99,577 |
Eliza Kozlowski Board Member | Trustee | 2 | $0 |
Joshua Ruff Board Member | Trustee | 2 | $0 |
Bruce Whitmarsh Vice President | OfficerTrustee | 4 | $0 |
Theodore K Johnson Board Member | Trustee | 2 | $0 |
Mariano Desmaras Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $99,370 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $59,500 |
All other contributions, gifts, grants, and similar amounts not included above | $127,567 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $286,437 |
Total Program Service Revenue | $202,469 |
Investment income | $1 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $19,577 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $508,484 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $99,577 |
Compensation of current officers, directors, key employees. | $24,894 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $106,605 |
Pension plan accruals and contributions | $4,991 |
Other employee benefits | $25,637 |
Payroll taxes | $15,773 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $12,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $7,380 |
Travel | $3,603 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,126 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,217 |
Insurance | $2,000 |
All other expenses | $60,451 |
Total functional expenses | $554,456 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $175,447 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $101,355 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $17,572 |
Net Land, buildings, and equipment | $3,651 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $9,557 |
Total assets | $307,582 |
Accounts payable and accrued expenses | $19,452 |
Grants payable | $0 |
Deferred revenue | $178,162 |
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 | $164,989 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $362,603 |
Net assets without donor restrictions | -$61,516 |
Net assets with donor restrictions | $6,495 |
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 | $307,582 |