Phillips Collection is located in Washington, DC. The organization was established in 1963. According to its NTEE Classification (A51) the organization is classified as: Art Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2023, Phillips Collection employed 269 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phillips Collection 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 07/2022, Phillips Collection generated $15.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $16.1m during the year ending 07/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PHILLIPS COLLECTION IS THE OLDEST MUSEUM OF MODERN AND CONTEMPORARY ART IN THE U.S.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT AND PRESENTATION OF SPECIAL EXHIBITIONS INCLUDING WORKS FROM THE MUSEUM'S OWN HOLDINGS, LOANS FROM INDIVIDUALS AND OTHER INSTITUTIONS, AND COLLABORATIONS WITH OTHER VENUES. HIGHLIGHTS FROM FY23 INCLUDE THE CONTINUATION OF LOU STOVALL: THE MUSEUM WORKSHOP, WHICH REEXAMINED THE HISTORY AND LEGACY OF THE DUPONT CENTER, AN ARTIST'S MUSEUM FOUNDED IN WASHINGTON, DC IN 1969; AN ITALIAN IMPRESSIONIST IN PARIS: GIUSEPPE DE NITTIS, A LOOK AT THE FRIENDSHIPS AND COLLABORATIONS WITH OTHER ARTISTS ALONGSIDE THE PAINTINGS OF A RELATIVELY UNKNOWN (OUTSIDE OF ITALY) CENTRAL FIGURE TO THE AESTHETIC AND INSTITUTIONAL UPHEAVALS OF 1870S PARIS; POUR, TEAR, CARVE: MATERIAL POSSIBILITIES IN THE COLLECTION, AN EXHIBITION DRAWN FROM THE PERMANENT COLLECTION TO EXPLORE HOW ARTISTS HAVE (CONTINUED ON SCHEDULE O) UTILIZED TRADITIONAL AND NONTRADITIONAL ART MATERIALS TO ACT AS CONDUITS OF MEANING; AND FRANK STEWART'S NEXUS: AN AMERICAN PHOTOGRAPHER'S JOURNEY, 1960S TO THE PRESENT, A RETROSPECTIVE OF STEWART'S PHOTOGRAPHY THAT CENTERED ON HIS SENSITIVE AND SPONTANEOUS APPROACH TO PORTRAYING WORLD CULTURES AND BLACK LIFE IN MANY FORMS.
THE PHILLIPS PRESENTED A BROAD RANGE OF PROGRAMMING DESIGNED TO APPEAL TO THE MUSEUM'S EXPANDING VISITOR DEMOGRAPHIC. EDUCATION PROGRAMS HELP AUDIENCES SEE, CREATE, AND ENGAGE WITH ART IN NEW AND UNEXPECTED WAYS. THE PHILLIPS PROVIDES IN-DEPTH PROFESSIONAL DEVELOPMENT OPPORTUNITIES ON ARTS INTEGRATION USING THE MUSEUM'S COLLECTION AND ONLINE RESOURCES. PROFESSIONAL DEVELOPMENT OPPORTUNITIES FEATURE ARTWORKS FROM THE PHILLIPS'S SPECIAL EXHIBITIONS AND PERMANENT COLLECTION AND FOCUS ON PRISM.K12, THE MUSEUM'S ARTS INTEGRATION STRATEGIES AND MODEL FOR CULTURALLY RESPONSIVE TEACHING (HTTPS://WWW.PHILLIPSCOLLECTION.ORG/PRISMK12-STRATEGIES). PROFESSIONAL DEVELOPMENT SESSIONS ARE DESIGNED FOR TEACHERS TO EASILY INTEGRATE THE IDEAS AND ACTIVITIES INTO THEIR CLASSROOMS, AND THEY MAY TAKE PLACE AT THE MUSEUM, AT AREA SCHOOLS, OR VIRTUALLY. IN 2022-2023, THE MUSEUM REACHED 495 TEACHERS THROUGH 19 PROFESSIONAL DEVELOPMENT SESSIONS, WHICH INCLUDED THREE-HOUR SESSIONS, FIFTEEN-HOUR MULTI-WEEK PROGRAMS, AND A WEEKLONG SUMMER TEACHER INSTITUTE. ADDITIONALLY, THE MUSEUM HAS OVER 50 ONLINE LESSON PLANS AVAILABLE THROUGH THEIR WEBSITE THAT CONNECT ACROSS ALL SUBJECT AREA. WE REACHED 2,912 PK-12 STUDENTS WITHIN THE DC PUBLIC AND CHARTER SCHOOLS, MARYLAND, AND VIRGINIA DURING THE FISCAL YEAR THROUGH 102 TOURS. 79% WERE DC SCHOOLS. THE MUSEUM'S MULTI-VISIT SCHOOL PARTNERSHIP PROGRAM, ART LINKS, REACHED 1,374 STUDENTS FROM 13 SCHOOLS. THE PHILLIPS COLLECTION'S WORKSHOP AND GALLERY AT THE TOWN HALL EDUCATION ARTS RECREATION CAMPUS (THEARC) PROVIDES A SPACE TO VIEW, DISCUSS, MAKE, AND EXHIBIT ART. OUR PROGRAMS ARE CO-CREATED WITH OUR PARTNERS AND PARTICIPANTS TO ENCOURAGE AUTHENTIC COMMUNITY DIALOGUE, COMMUNITY PLANNING, AND COMMUNITY ACTION. FROM ITS VERY INCEPTION, THE PHILLIPS HAS FOCUSED ON THE HEALING POWER OF ART. OUR CREATIVE AGING PARTNERSHIP WITH IONA SENIOR SERVICES AND ARTS FOR THE AGING (AFTA) TRANSITIONED TO VIRTUAL EVENTS IN APRIL 2020. IONA'S NEW CAMPUS NEAR THEARC ALLOWS THE PHILLIPS TO SERVE MORE OLDER ADULTS IN WARDS 7 AND 8. OUR MOST POPULAR VIRTUAL OFFERING WITH AN AVERAGE OF 70 PARTICIPANTS EACH WEEK IS OUR ART-BASED MEDITATION PROGRAM, CONSISTING OF AN ART DISCUSSION LED BY THE PHILLIPS'S HEAD OF EXPERIENTIAL LEARNING AND GUIDED MEDITATION LED BY THE MUSEUM'S RESIDENT YOGA TEACHER.
THE PHILLIPS COLLECTION WAS ABLE TO OFFER A FULL GUEST EXPERIENCE WITH OUR CAFE RE-OPENING APRIL 2023 WITH A WELL-LOVED LOCAL BAKERY AS OUR VENDOR. OUR GIFT SHOP CONTINUES TO BE ONE OF THE BEST MUSEUM SHOPS IN THE WORLD! WE ENGAGED WITH OUR AUDIENCES THROUGH ONSITE, DIGITAL, AND HYBRID PROGRAMS INCLUDING MEMBER ART TOURS, EXHIBITION OPENINGS, SUNDAY CONCERTS, AND OTHERS. WE CONNECTED WITH BOTH CURRENT AND POTENTIAL MEMBERS AND VISITORS THROUGH OUR WEBSITE, SOCIAL MEDIA, E-NEWSLETTERS, LOCAL AND REGIONAL MARKETING AND ADVERTISING, AND OUR PARTICIPATION IN THE BLOOMBERG CONNECTS APP. OUR DYNAMIC AND POPULAR 1ST THURSDAY OF THE MONTH PROGRAM, PHILLIPS AFTER FIVE, RETURNED IN SEPTEMBER 2022 AND WE OPENED OUR DOORS ON 3RD THURSDAY EVENING FREE OF CHARGE. WE WERE AGAIN ABLE TO OFFER OUR MUSEUM AS A UNIQUE AND (CONTINUED ON SCHEDULE O) CAPTIVATING LOCATION FOR EXTERNAL EVENTS THROUGHOUT THE YEAR.
MANAGEMENT AND MAINTENANCE OF THE MUSEUM'S PERMANENT COLLECTION OF NEARLY 6,000 WORKS WAS ORIGINALLY CREATED BEGINNING IN 1913 BY DUNCAN PHILLIPS AND LATER HIS WIFE MARJORIE PHILLIPS AND OPENED TO THE PUBLIC IN 1921 AS THE NATION'S FIRST MUSEUM OF MODERN AND CONTEMPORARY ART. OUR NEW ACQUISITIONS REFLECT THE MUSEUM'S EFFORTS TO ENHANCE AND DIVERSIFY THE COLLECTION BY EMBRACING WORKS THAT REFLECT A NARRATIVE OF MODERN AND CONTEMPORARY ART BEYOND THE TRADITIONAL FOCUS ON EUROPEAN AND AMERICAN ART AND SPEAK TO COMMUNITIES WE ARE WORKING TO SERVE. ACTIVITIES INCLUDE CONSERVATION, ACQUISITION OF NEW WORKS THROUGH BOTH GIFT AND PURCHASE, DIGITAL REPRODUCTION FOR PUBLICATIONS AND FOR PRESENTATION ON THE MUSEUM'S WEBSITE, ARTSTOR, GOOGLE ART, AND THE MULTI-MUSEUM APP BLOOMBERG CONNECTS. (CONTINUED ON SCHEDULE O) THE HIGH QUALITY OF WORKS IN THE COLLECTION PRESENTS MANY OPPORTUNITIES FOR COLLABORATION WITH OTHER MUSEUMS BOTH FOR EXHIBITION PARTNERSHIPS AND FOR SHARING WORKS TO ENHANCE EXHIBITIONS AT OTHER VENUES. THE PHILLIPS ALSO DEVELOPS EXHIBITIONS WHICH TRAVEL TO OTHER VENUES TO GIVE THOSE LIVING OUTSIDE THE DC AREA THE OPPORTUNITY TO ENJOY THE TREASURES WE HOLD. THE PHILLIPS COLLECTION LIBRARY SUPPORTS RESEARCH ON WORKS OF ART IN THE MUSEUM'S PERMANENT COLLECTION, SPECIAL EXHIBITIONS, AND THE HISTORY OF THE MUSEUM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Despres Chair | OfficerTrustee | 3 | $0 |
Barbara Hall Vice Chair | OfficerTrustee | 2 | $0 |
Sala Patterson Vice Chair | OfficerTrustee | 2 | $0 |
Pamela Gwaltney Secretary | OfficerTrustee | 2 | $0 |
B Thomas Mansbach Treasurer | OfficerTrustee | 2 | $0 |
Patty Alper-Cohn Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Masterpiece International Ltd Art Shipping | 7/30/23 | $336,516 |
Thyssenkrupp Elevator Elevator Contractor | 7/30/23 | $256,388 |
Crozier Fine Arts Inc Art Shipping & Storage | 7/30/23 | $219,562 |
Occasions Catering Event Catering | 7/30/23 | $205,530 |
Hlp Associates Inc It Services | 7/30/23 | $142,426 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $1,276,412 |
Fundraising events | $645,621 |
Related organizations | $0 |
Government grants | $2,327,962 |
All other contributions, gifts, grants, and similar amounts not included above | $4,859,349 |
Noncash contributions included in lines 1a–1f | $972,810 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,109,344 |
Total Program Service Revenue | $1,207,779 |
Investment income | $1,921,970 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $12,898 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,029,185 |
Net Income from Fundraising Events | -$67,915 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $387,402 |
Miscellaneous Revenue | $0 |
Total Revenue | $15,615,081 |
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. | $888,438 |
Compensation of current officers, directors, key employees. | $101,658 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,433,961 |
Pension plan accruals and contributions | $206,835 |
Other employee benefits | $648,506 |
Payroll taxes | $537,131 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $18,375 |
Fees for services: Lobbying | $39,119 |
Fees for services: Fundraising | $23,584 |
Fees for services: Investment Management | $316,303 |
Fees for services: Other | $1,623,649 |
Advertising and promotion | $273,392 |
Office expenses | $1,073,587 |
Information technology | $368,448 |
Royalties | $34,856 |
Occupancy | $675,572 |
Travel | $86,193 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $435,245 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,343,005 |
Insurance | $445,256 |
All other expenses | $0 |
Total functional expenses | $16,089,293 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,283,575 |
Pledges and grants receivable | $6,775,821 |
Accounts receivable, net | $155,182 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $379,472 |
Prepaid expenses and deferred charges | $228,081 |
Net Land, buildings, and equipment | $29,701,029 |
Investments—publicly traded securities | $38,397,062 |
Investments—other securities | $49,032,503 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $125,952,725 |
Accounts payable and accrued expenses | $2,122,126 |
Grants payable | $0 |
Deferred revenue | $59,931 |
Tax-exempt bond liabilities | $6,253,457 |
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 | $3,995,134 |
Other liabilities | $181,981 |
Total liabilities | $12,612,629 |
Net assets without donor restrictions | $30,355,473 |
Net assets with donor restrictions | $82,984,623 |
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 | $125,952,725 |