Rubin Museum Of Art is located in New York, NY. The organization was established in 1999. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Rubin Museum Of Art employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rubin Museum Of Art 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, Rubin Museum Of Art generated $11.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $15.0m during the year ending 12/2023. While expenses have increased by 0.1% per year over the past 8 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
THE RUBIN MUSEUM OF ART IS A DYNAMIC ENVIRONMENT THAT STIMULATES LEARNING, PROMOTES UNDERSTANDING, AND INSPIRES PERSONAL CONNECTIONS TO THE IDEAS, CULTURES, AND ART OF HIMALAYAN ASIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTIONS AND EXHIBITIONS:IN 2023, VISITORS TO THE MUSEUM ENCOUNTERED THE EXHIBITION DEATH IS NOT THE END, WHICH EXPLORED DEATH AND THE AFTERLIFE IN THE ART OF TIBETAN BUDDHISM AND CHRISTIANITY WITH 58 OBJECTS SPANNING 12 CENTURIES FROM THE MUSEUM'S COLLECTION ALONGSIDE ARTWORKS ON LOAN FROM PRIVATE COLLECTIONS AND MAJOR MUSEUMS. THE RUBIN ALSO PRESENTED EXHIBITIONS OUTSIDE OF THE MUSEUM'S WALLS, CONNECTING WITH AUDIENCES ACROSS THE COUNTRY AND IN EUROPE. IN FEBRUARY, THE RUBIN INAUGURATED ITS TRAVELING EXHIBITION FOR COLLEGES AND UNIVERSITIES, GATEWAY TO HIMALAYAN ART, AT LEHIGH UNIVERSITY ART GALLERIES. GATEWAY LATER OPENED IN SEPTEMBER AT THE MCMULLEN MUSEUM OF ART AT BOSTON COLLEGE. THE SAME MONTH IN LONDON, THE TRAVELING VERSION OF THE MANDALA LAB OPENED IN CANARY WHARF AS PART OF THE LONDON DESIGN FESTIVAL.
PUBLICATIONS, AND SHOP, OTHER MISC.
PUBLIC PROGRAMS AND VISITOR ENGAGEMENT:THE RUBIN'S PUBLIC PROGRAMS OFFER DIVERSE AUDIENCES MEANINGFUL WAYS TO ENGAGE WITH THE ART AND CULTURES OF THE HIMALAYAS. IN 2023, ADULT WORKSHOPS AND TALKS CENTERED ON THE UNIFYING THEME OF LIFE AFTER, SPARKING CONVERSATIONS AROUND LIFE'S TRANSITIONS AND OUR CAPACITY TO APPROACH THEM WITH OPENNESS AND AWARENESS. HIMALAYAN HERITAGE PROGRAMS PROVIDED INSIGHTS INTO THE ART, CULTURES, AND SACRED TRADITIONS OF THE HIMALAYAN REGION, AND DROP-IN WORKSHOPS IN COLLABORATION WITH NYU'S GRADUATE ART THERAPY PROGRAM FOCUSED ON CREATIVITY AND SELF-REFLECTION. WE SERVED VISITORS WITH ALZHEIMER'S AND DEMENTIA AND THEIR CARE PARTNERS, AS WELL AS 5,545 SCHOOL AGE CHILDREN AND 3,022 ACCOMPANYING ADULTS AND EDUCATORS, OFFERING THEM CUSTOM OFFERINGS INFORMED BY MINDFULNESS AND HIMALAYAN ART AND CULTURES. WE WORKED WITH 1,039 LOW-INCOME STUDENTS IN SCHOOLS AS PART OF OUR MATH AND MANDALAS PROGRAM, AND 89 EDUCATORS FOR PROFESSIONAL DEVELOPMENT WORKSHOPS, PROVIDING THEM WITH AN ENTRE TO SOCIAL, EMOTIONAL, AND ETHICAL (SEE) LEARNING.
PUBLIC RELATIONS AND MARKETING (DIGITAL AND ANALOG SHARING):IN 2023, THE RUBIN REACHED A GROWING AND CONNECTED GLOBAL AUDIENCE THROUGH OUR DIGITAL INITIATIVES. WE LAUNCHED THE DIGITAL PLATFORM PROJECT HIMALAYAN ART, AN INTERDISCIPLINARY RESOURCE FOR LEARNING ABOUT HIMALAYAN, TIBETAN, AND INNER ASIAN ART AND CULTURES. IT HAD A DIGITAL REACH OF 25,000 USERS WITH OVER 100,000 VIEWS. WE PUBLISHED THE BOOK HIMALAYAN ART IN 108 OBJECTS, WITH ESSAYS FROM 72 AUTHORS FROM AROUND THE WORLD, AS WELL AS THE SEVENTH EDITION OF SPIRAL, OUR FREE ANNUAL PRINT AND ONLINE MAGAZINE, WHICH RECEIVED OVER 22,000 DIGITAL VIEWS. THE RUBIN'S IMPACT EXTENDED THROUGH VARIOUS DIGITAL PLATFORMS WITH MORE THAN 290,000 FOLLOWERS, AND A DIGITAL REACH OF MORE THAN 8 MILLION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shelley Rubin Chair | OfficerTrustee | 3 | $0 |
Noah P Dorsky Board President | OfficerTrustee | 3 | $0 |
Jorrit Britschgi Secretary/exec. Director (see P Vii) | Officer | 40 | $0 |
Robert M Baylis Trustee | Trustee | 3 | $0 |
Christopher J Fussner Trustee | Trustee | 1 | $0 |
Scott Grinsell Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Allied Universal Security Services Security Contract Services | 12/30/23 | $521,994 |
Vajradhatu Gmbh Contractual Exec. Dir. (Pt Vii Sec. A) | 12/30/23 | $426,000 |
Cloud And Horse Production Ltd Exhibition Fabrication, Installation, St | 12/30/23 | $212,523 |
United Services Of America Inc Contract Housekeeping Services | 12/30/23 | $210,113 |
Uovo Llc Art Storage | 12/30/23 | $392,023 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $247,980 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,029,943 |
All other contributions, gifts, grants, and similar amounts not included above | $1,720,123 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,998,046 |
Total Program Service Revenue | $583,002 |
Investment income | $3,581,636 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $968,742 |
Net Gain/Loss on Asset Sales | $3,373,196 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $159,129 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,695,061 |
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. | $676,480 |
Compensation of current officers, directors, key employees. | $342,183 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,380,488 |
Pension plan accruals and contributions | $41,893 |
Other employee benefits | $750,366 |
Payroll taxes | $372,710 |
Fees for services: Management | $456,000 |
Fees for services: Legal | $81,642 |
Fees for services: Accounting | $61,893 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $42,000 |
Fees for services: Investment Management | $152,841 |
Fees for services: Other | $2,935,733 |
Advertising and promotion | $252,192 |
Office expenses | $1,083,542 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $779,498 |
Travel | $134,909 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $88,398 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,845,130 |
Insurance | $172,861 |
All other expenses | $0 |
Total functional expenses | $14,996,364 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $522,561 |
Savings and temporary cash investments | $323,722 |
Pledges and grants receivable | $2,134,374 |
Accounts receivable, net | $59,066 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $789,568 |
Prepaid expenses and deferred charges | $456,531 |
Net Land, buildings, and equipment | $28,580,606 |
Investments—publicly traded securities | $160,879,448 |
Investments—other securities | $10,878 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $455,328 |
Total assets | $194,212,082 |
Accounts payable and accrued expenses | $1,629,430 |
Grants payable | $0 |
Deferred revenue | $74,950 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $457,466 |
Total liabilities | $2,161,846 |
Net assets without donor restrictions | $155,675,481 |
Net assets with donor restrictions | $36,374,755 |
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 | $194,212,082 |