2026-03-12T08:49:11+00:00 2025-06-30 440160260 Forvis Mazars LLP 135 West 50th Street New York NY 10020 990 2024-07-01 132986881 New Museum of Contemporary Art NEWM 2122191222 235 Bowery New York NY 10002 RICHARD DRYSDALE VP, FINANCE & ADMINISTRATION 2122191222 2026-03-12 true Lauren Denton P01571860 2128127000 2026-05-15 2024 2025-03-06 01:10:19Z Richard Drysdale 235 Bowery New York NY 10002 113283660 false X WWW.NEWMUSEUM.ORG X 1977 NY A CENTER FOR EXHIBITIONS, INFORMATION, AND DOCUMENTATION ABOUT LIVING ARTISTS SINCE 1977, WHICH CONTINUES TO BE A PLACE OF EXPERIMENTATION AND A HUB OF NEW ART AND NEW IDEAS. 51 51 149 53 0 23382654 22476994 3445018 1805751 1965993 639267 1853308 771466 30646973 25693478 0 0 0 10522253 10579887 0 0 2205649 8594436 8164234 19116689 18744121 11530284 6949357 129035729 143328917 15458877 21488671 113576852 121840246 X SEE SCHEDULE O. false false 9343126 1595471 EXHIBITIONS AND SPECIAL PROJECTS REFLECT THE NEW MUSEUM'S ENDURING COMMITMENT TO ENCOURAGING NEW WORK BY A DIVERSE RANGE OF EMERGING AND ESTABLISHED INTERNATIONAL ARTISTS. PROGRAMS CHANGE REGULARLY AND ENCAPSULATE THE NEW MUSEUM'S PHILOSOPHY OF OPENNESS AND FEARLESSNESS, AS WELL AS OUR HISTORY, AS THE HOME OF SOCIALLY COMMITTED CONTEMPORARY ART. 2066292 190316 NEW INC, THE FIRST MUSEUM-LED INCUBATOR, IS A SHARED WORKSPACE AND PROFESSIONAL DEVELOPMENT PROGRAM DESIGNED TO SUPPORT CREATIVE PRACTITIONERS WORKING IN THE AREAS OF ART, TECHNOLOGY, AND DESIGN. 1797827 19964 THROUGH THE DEPARTMENT OF EDUCATION AND PUBLIC ENGAGEMENTS RESEARCH AND DEVELOPMENT SEASONS, THE NEW MUSEUM'S PUBLIC PROGRAMMING CONNECTS VARIOUS PROJECTS IN THE MUSEUM, THEATER, 5TH FLOOR GALLERY, AND RESOURCE CENTER AROUND A NEW ORGANIZING THEME EACH FALL AND SPRING. ADDITIONALLY, A WIDE RANGE OF EXHIBITION-RELATED PROGRAMS INCLUDE FILM SCREENINGS, TALKS WITH ARTISTS AND SCHOLARS, CONFERENCES, PERFORMANCES, AND LIVE MUSIC THAT TAKES PLACE IN THE NEW MUSEUM THEATER. 1907791 837738 BOOKSTORE & OTHER 1907791 837738 15115036 true true false true false false false false false true true true false false true false true false false false false false false false true false false false false true false false false false false false false false false false true false false false false true false false false false true 229 0 149 true false false false false false true true false false false false false false X 51 51 false false false false false false false true true false false false true true true true true true true true false false NY X RICHARD DRYSDALE 2122191222 235 BOWERY NEW YORK NY 10002 ALEXANDRA BOWES VICE PRESIDENT 2.0 0.0 X X 0 0 0 CHARLOTTE FENG FORD VICE PRESIDENT 2.0 0.0 X X 0 0 0 DAVID DROGA VICE PRESIDENT 2.0 0.0 X X 0 0 0 DAVID HELLER VICE PRESIDENT 2.0 0.0 X X 0 0 0 JAMES-KEITH BROWN PRESIDENT 2.0 0.0 X X 0 0 0 JOHN FRIEDMAN VICE PRESIDENT 2.0 0.0 X X 0 0 0 JOHN WOTOWICZ TREASURER 2.0 0.0 X X 0 0 0 MITZI EISENBERG VICE PRESIDENT 2.0 0.0 X X 0 0 0 PATRICIA BLANCHET VICE PRESIDENT 2.0 0.0 X X 0 0 0 PAUL T SCHNELL VICE CHAIRMAN 2.0 0.0 X X 0 0 0 RUTH HOROWITZ VICE PRESIDENT 2.0 0.0 X X 0 0 0 SAUL DENNISON CHAIRMAN EMERITUS 2.0 0.0 X X 0 0 0 SHELLEY FOX AARONS SECRETARY 2.0 0.0 X X 0 0 0 CATHERINE ORENTREICH BOARD MEMBER 2.0 0.0 X 0 0 0 DAKIS JOANNOU BOARD MEMBER 2.0 0.0 X 0 0 0 DEBORAH RECHLER BOARD MEMBER - TERM START 2.0 0.0 X 0 0 0 DIANNE WALLACE BOARD MEMBER 2.0 0.0 X 0 0 0 DOUGLAS MCNEELY BOARD MEMBER 2.0 0.0 X 0 0 0 ELISA NUYTEN BOARD MEMBER 2.0 0.0 X 0 0 0 EUGENIO LOPEZ BOARD MEMBER 2.0 0.0 X 0 0 0 EVAN CHOW BOARD MEMBER 2.0 0.0 X 0 0 0 FUSUN ECZACIBASI BOARD MEMBER 2.0 0.0 X 0 0 0 GAEL NEESON BOARD MEMBER 2.0 0.0 X 0 0 0 HANK LATNER BOARD MEMBER 2.0 0.0 X 0 0 0 HUNTER GRAY BOARD MEMBER 2.0 0.0 X 0 0 0 JAMES C A MCCLENNEN BOARD MEMBER 2.0 0.0 X 0 0 0 JAMIE SINGER SOROS BOARD MEMBER 2.0 0.0 X 0 0 0 JENNIFER LEVITT BOARD MEMBER - TERM START 2.0 0.0 X 0 0 0 JILL KRAUS BOARD MEMBER 2.0 0.0 X 0 0 0 JOAN LAZARUS BOARD MEMBER 2.0 0.0 X 0 0 0 KEN KUCHIN BOARD MEMBER 2.0 0.0 X 0 0 0 LAURA SKOLER BOARD MEMBER 2.0 0.0 X 0 0 0 LEON AMITAI BOARD MEMBER - TERM ENDED 2.0 0.0 X 0 0 0 LISA WATSON BOARD MEMBER 2.0 0.0 X 0 0 0 LIZA MAUER BOARD MEMBER 2.0 0.0 X 0 0 0 LOLA GOLDRING BOARD MEMBER 2.0 0.0 X 0 0 0 MAJA HOFFMANN BOARD MEMBER 2.0 0.0 X 0 0 0 MANUEL E GONZALEZ BOARD MEMBER 2.0 0.0 X 0 0 0 NARI WARD BOARD MEMBER 2.0 0.0 X 0 0 0 NEDA YOUNG BOARD MEMBER 2.0 0.0 X 0 0 0 PETER BOYCE II BOARD MEMBER 2.0 0.0 X 0 0 0 RANDI LEVINE BOARD MEMBER - TERM START 2.0 0.0 X 0 0 0 RICHARD MUMBY BOARD MEMBER 2.0 0.0 X 0 0 0 RUBEN LEVI BOARD MEMBER 2.0 0.0 X 0 0 0 SARA STORY BOARD MEMBER - TERM START 2.0 0.0 X 0 0 0 STEPHANIE FRENCH BOARD MEMBER 2.0 0.0 X 0 0 0 STEPHANIE HORTON BOARD MEMBER 2.0 0.0 X 0 0 0 SUE HOSTETLER WRIGLEY BOARD MEMBER 2.0 0.0 X 0 0 0 SULTAN SOOUD AL QASSEMI BOARD MEMBER 2.0 0.0 X 0 0 0 SUNNY Y GOLDBERG BOARD MEMBER 2.0 0.0 X 0 0 0 SUSAN FEINSTEIN BOARD MEMBER 2.0 0.0 X 0 0 0 ZOLTAN VARGA BOARD MEMBER 2.0 0.0 X 0 0 0 DENNIS SZAKACS CHIEF OPERATING OFFICER 40.0 0.0 X 241584 0 22028 ISOLDE BRIELMAIER DEPUTY DIRECTOR 40.0 0.0 X 137521 0 65 LISA PHILLIPS TOBY DEVAN LEWIS DIRECTOR 40.0 0.0 X 825030 0 49518 MASSIMILIANO GIONI ARTISTIC DIRECTOR 40.0 0.0 X 417070 0 13861 REGAN GRUSY DEPUTY DIRECTOR 40.0 0.0 X 339402 0 16208 RICHARD DRYSDALE VP, FINANCE & ADMINISTRATION 40.0 0.0 X 226227 0 12948 DIANE VIVONA VP FOR ADVANCEMENT 40.0 0.0 X 203477 0 34568 KEILA TENNENT GENERAL COUNSEL & VP OF COMM. 40.0 0.0 X 205220 0 19316 MARIAH MAZUR DEVELOPMENT DIRECTOR & VP INTERNATIONAL PARTNERSHIPS 40.0 0.0 X 225062 0 0 SCOTT CAMPBELL DIR. OF CAMPAIGN ADVANCEMENT 40.0 0.0 X 249870 0 16273 ALETHEA ROCKWELL DIRECTOR OF EDUCATION & PUBLIC ENGAGEMENT 40.0 0.0 X 126140 0 14453 BRIAN DORE DIRECTOR OF FINANCE & ADMIN. 40.0 0.0 X 157749 0 12894 IMANI A DESRAMEAUX DIRECTOR OF HUMAN RESOURCES 40.0 0.0 X 133039 0 14832 INDRANIE SANICHAR DIRECTOR OF IT 40.0 0.0 X 139995 0 16273 SALOME ASEGA DIRECTOR, NEW INC 40.0 0.0 X 151716 0 12959 3779102 0 256196 27 false true false FJ SCIAME CONSTRUCTION CO 14 WALL STREET NEW YORK NY 10005 CONSTRUCTION 25081890 COOPER ROBERTSON & PARTNERS 123 WILLIAM STREET FL 27 NEW YORK NY 10038 ARCHITECTURE 1535627 OMA AMO Architecture PC 180 VARICK STREET SUITE 1328 NEW YORK NY 10014 ARCHITECTURE 505202 CAROLINA NITSCH CONTEMPORARY ART 101 WOOSTER STREET New York NY 10012 ART ADVISORY SERVICES 346871 PML LLC 26 EAST 64TH STREET 1ST FLOOR NEW YORK NY 10065 PROJECT MANAGEMENT SERVICES 315000 11 19994 1908895 1236166 19311939 488301 22476994 ADMISSIONS 611420 19964 19964 MEMBERSHIP COUNCILS 713990 1595471 1595471 INCUBATOR FEES 611710 190316 190316 0 0 0 0 1805751 651035 651035 0 0 86941739 86953507 -11768 0 -11768 -11768 442960 1908895 608102 -165142 -165142 866311 28573 837738 837738 OTHER 900099 98870 98870 0 0 0 0 98870 25693478 2643489 0 572995 2301461 1729617 207233 364611 6960047 5220792 626915 1112340 653752 509037 58503 86212 664627 517505 59476 87646 164560 150542 5904 8114 58799 53790 2110 2899 6000 0 0 6000 46203 0 46203 0 1557865 1361464 44580 151821 26254 23513 131 2610 1117476 966127 66774 84575 123322 123322 1373817 1290445 56785 26587 288882 185958 33218 69706 10881 5820 2460 2601 4336 2819 1083 434 2118124 2103769 10254 4101 280543 178216 73091 29236 FABRICATION 581960 460855 0 121105 HONORARIA 198273 195895 44 2334 EXHIBITION 42670 29441 1990 11239 MEMBERSHIP CULTIVATION 37340 4921 1238 31181 126929 1188 125444 297 18744121 15115036 1423436 2205649 1109191 236302 574763 368113 8735924 16716279 0 0 0 0 0 0 0 0 156315 157958 1020644 1048082 134143045 35644187 71192831 98498858 2974142 3322654 41873620 21940678 0 1016595 1016595 381704 23398 129035729 143328917 7410905 8593188 0 0 260236 286216 0 0 0 0 0 0 7395001 12584858 0 0 392735 24409 15458877 21488671 X 99382672 99446005 14194180 22394241 0 0 0 0 0 0 113576852 121840246 129035729 143328917 6949357 1314037 0 X false true true false X 8841974 36080931 16763062 23382654 22476994 107545615 0 0 8841974 36080931 16763062 23382654 22476994 107545615 27757980 79787635 335774 265093 712707 2203483 604832 4121889 0 91252 26848 631463 134416 98870 982849 112650353 12692080 0.70828 0.66494 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER, COLUMN A - 91252.0, COLUMN B - 26848.0, COLUMN C - 631463.0, COLUMN D - 134416.0, COLUMN E - 98870.0, COLUMN F - 982849.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 6000 6000 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY LOBBYING ACTIVITIES CONSISTED OF ADVOCATING WITH CITY ELECTED AND GOVERNMENT OFFICIALS RELATED TO THE MUSEUM'S REQUEST FOR PUBLIC SECTOR FUNDING. 4253519 2385100 429228 273637 6794210 3992069 514511 253061 4253519 3935232 311459 254622 3992069 4418222 -375211 107779 3935232 4108000 506984 196762 4418222 0.0 1.0 0.0 false false 5553575 5553575 48394239 34232844 14161395 828553 461697 366856 79366678 949646 78417032 98498858 Closely-held equity interests Financial derivatives OTHER SECURITIES 21940678 C 21940678 Federal Income Taxes Finance lease liabilities 24409 24409 27773594 1314037 783709 -46203 2051543 25722051 -28573 -28573 25693478 19510200 783709 28573 812282 18697918 46203 46203 18744121 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT FUNDS ARE HELD IN INVESTMENT ACCOUNTS WITH AN APPROVED ANNUAL DRAW OF A PERCENTAGE OF EARNINGS TO SUPPORT MUSEUM ACTIVITIES AND PROGRAMS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Investment fees - -46203 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements COST OF GOODS SOLD - -28573 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 COST OF GOODS SOLD - 28573 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Investment fees - 46203 GALA 2019055 1844530 174525 226588 72509 144505 MEMBERSHIP EVENTS 332800 64365 268435 17462 5719 141319 0 2351855 1908895 442960 244050 78228 285824 608102 -165142 X X X false false false false false false false false false LISA PHILLIPS TOBY DEVAN LEWIS DIRECTOR 619030 0 206000 0 0 0 0 0 49518 0 874548 0 0 0 MASSIMILIANO GIONI ARTISTIC DIRECTOR 392070 0 25000 0 0 0 0 0 13861 0 430931 0 0 0 REGAN GRUSY DEPUTY DIRECTOR 324402 0 15000 0 0 0 0 0 16208 0 355610 0 0 0 DENNIS SZAKACS CHIEF OPERATING OFFICER 241584 0 0 0 0 0 0 0 22028 0 263612 0 0 0 RICHARD DRYSDALE VP, FINANCE & ADMINISTRATION 226227 0 0 0 0 0 0 0 12948 0 239175 0 0 0 SCOTT CAMPBELL DIR. OF CAMPAIGN ADVANCEMENT 249870 0 0 0 0 0 0 0 16273 0 266143 0 0 0 DIANE VIVONA VP FOR ADVANCEMENT 203477 0 0 0 0 0 0 0 34568 0 238045 0 0 0 MARIAH MAZUR DEVELOPMENT DIRECTOR & VP INTERNATIONAL PARTNERSHIPS 225062 0 0 0 0 0 0 0 0 0 225062 0 0 0 KEILA TENNENT GENERAL COUNSEL & VP OF COMM. 205220 0 0 0 0 0 0 0 19316 0 224536 0 0 0 BRIAN DORE DIRECTOR OF FINANCE & ADMIN. 157749 0 0 0 0 0 0 0 12894 0 170643 0 0 0 SALOME ASEGA DIRECTOR, NEW INC 151716 0 0 0 0 0 0 0 12959 0 164675 0 0 0 INDRANIE SANICHAR DIRECTOR OF IT 139995 0 0 0 0 0 0 0 16273 0 156268 0 0 0 17 488301 Market value 0 false true true Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions JP Morgan Securities LLC sells donated stock upon receipt. Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. Form 990, Part III, Line 1 ORGANIZATION'S MISSION THE NEW MUSEUM IS THE ONLY MUSEUM DEVOTED EXCLUSIVELY TO CONTEMPORARY ART IN NEW YORK AND IS ONE OF THE LEADING CONTEMPORARY ART MUSEUMS WORLDWIDE. OUR MISSION IS SIMPLY NEW ART, NEW IDEAS WITH A COMMITMENT TO GLOBAL PROGRAMS. UNPARALLELED IN THE UNITED STATES, THE NEW MUSEUM OCCUPIES A UNIQUE AND IMPORTANT PLACE IN THE FIELD. WE ARE DISTINGUISHED BY A BOLD CULTURAL PROGRAM THAT PROVIDES OPPORTUNITIES FOR ARTISTS TO CREATE AND SHOW CONTEMPORARY ART IN A MUSEUM SETTING, WHILE ENGAGING THE ARTISTIC COMMUNITY. Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 1,907,791 including grants of $)(Revenue $ 837,738) BOOKSTORE & OTHER Form 990, Part VI, Line 11b Review of form 990 by governing body THE 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE AND THEN SUBMITTED TO THE BOARD OF TRUSTEES PRIOR TO FILING. IF THE BOARD OF TRUSTEES HAVE ANY QUESTIONS THEY ARE ADDRESSED BY RICHARD DRYSDALE, VP OF FINANCE AND ADMINISTRATION. Form 990, Part VI, Line 12c Conflict of interest policy ALL TRUSTEES AND EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY. THE PRESIDENT OF THE BOARD OF TRUSTEES AND THE DIRECTOR WILL REPORT TO THE BOARD AT LEAST ONCE ANNUALLY CONCERNING ANY DISCLOSURES OF POTENTIAL CONFLICTS OF INTEREST MADE TO THEM, AND ANY OTHER CONFLICTS OF INTEREST WHICH HAVE OCCURRED. IF ANY TRUSTEE OR EMPLOYEE HAS A CONFLICT, THEY WILL RECUSE THEMSELVES WHILE THE TOPIC IS DISCUSSED. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE DIRECTOR POSITION IS APPROVED BY THE BOARD OF TRUSTEES. THE BOARD MUST APPROVE THE SALARY OF THE DIRECTOR. THE 2025 SALARY INCLUDED AN INCREASE APPROVED BY THE BOARD IN 2025. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE DIRECTOR MAY PROPOSE SALARIES FOR ALL OTHER KEY EMPLOYEES, BUT THE SALARY BUDGET MUST BE APPROVED BY THE BOARD OF TRUSTEES. THIS WAS DONE IN MAY 2024 FOR FY25. Form 990, Part VI, Line 19 Required documents available to the public DOCUMENTS ARE KEPT ON FILE AND ARE DISTRIBUTED UPON REQUEST. DOCUMENTS ARE ALSO AVAILABLE ON THE GUIDESTAR AND PRO PUBLICA WEBSITES FOR PUBLIC INFORMATION. RHIZOME COMMUNICATIONS INC 235 BOWERY NEW YORK NY 10002 133995725 PRESENT ART NY 501(c)(3) 7 NA false false false false false false false false false false false false false false false false false true false false