Program 1 · 11.3% of program spending $25.5M
Acquisitions and deaccessions pertaining to the collection - In FY 2025, approximately 833 works were added to this collection, both by donation and by purchase.
The 990 read · EIN 13-1624100 · NY · Fiscal year FY ending Jun 2025
Museum of Modern Art
Museum of Modern Art: CEO salary, finances and where donations go
In its own words
“The Museum of Modern Art connects people from around the world…”
Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.
Methodology by Amir Arani, CPA, CA · Updated
- Top pay
- $1.7M Glenn D Lowry, 0.5% of spending
- Revenue
- $362.0M 26.6% from donations and grants
- Spent
- $305.3M 73.7% on programs, as reported
- Net assets
- $2.31B end of FY ending Jun 2025
- Savings
- 90.8 months of spending, net assets ÷ spending
- People
- 1,271 employees
01 · Red flags
No red flags in its latest filing.
We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.
No reported asset diversions, no insider transactions, no fundraisers keeping most of the money, and the governance policies we check for are in place.
02 · Where $1 goes · FY ending Jun 2025
Of each dollar it spent, 73.7¢ went to programs, as reported.
The split the charity filed.
73.7¢
Programs, $224.9M
5.0¢
Fundraising, $15.3M
21.3¢
Admin, $65.0M
Cost to raise $1
16¢
as reported
For each dollar donated, Museum of Modern Art spent 16¢ on fundraising.
Fundraising ÷ $96.1M contributions · Form 990 Parts VIII, IX03 · What it does
What it told the IRS it spent on.
The charity's own description of its largest programs, with what each cost.
Program 2 · 18.7% of program spending $42.0M
Security, operations, and maintenance of exhibition galleries and art collection.
04 · The savings
Net assets: $1.09B to $2.31B in 11 years.
Net assets at each fiscal year end, 2013 to 2025.
1087
1208
1338
1414
1686
1727
1883
1853
2203
2033
2114
2310
05 · Who gets paid
The 8 highest-paid people.
Reportable pay in FY ending Jun 2025, from the charity and related organizations.
Glenn D Lowry
Director/Ex-Officio Trustee
$1,656,878
Lou-Alan Fernandes
Chief Investment Officer
$1,622,349
James Gara
COO/Assistant Treasurer (thru 6/25)
$1,456,427
Gabriel Morrow
Managing Director, Investments
$1,029,326
James Grooms
General Counsel/Secretary
$630,254
Jean Savitsky
Dir. Real Estate and Construction
$559,258
Sarah Suzuki
Associate Museum Director
$519,165
Beverly Morgan-Welch
Sr. Deputy Dr of External Affairs
$501,335
Largest outside contractors
| Contractor | Service | Paid |
|---|---|---|
| Radial Inc | Retail distrib center/fulfillment mgmt | $5,551,984 |
| Serino Coyne LLC | Marketing agency | $3,512,970 |
| Collins Building Services Inc | Janitorial cleaning | $2,945,535 |
| Masterpiece International Limited LLC | Art transport | $1,219,141 |
| Imerex Inc | Advertising | $1,024,311 |
06 · Questions
The questions people ask about the Museum of Modern Art.
Short, sourced answers. Each one stands on its own.
How much does the Museum of Modern Art CEO make?
Glenn D Lowry, Director/Ex-Officio Trustee, received $1,656,878 in reportable compensation in FY ending Jun 2025, 0.5% of Museum of Modern Art's $305.3M in spending.
Form 990 (FY ending Jun 2025), Part VIIWhat percentage of Museum of Modern Art donations go to programs?
Museum of Modern Art reported 73.7% of FY ending Jun 2025 spending as programs, 5% as fundraising and 21.3% as management.
Form 990 (FY ending Jun 2025), Part IXHow much money does Museum of Modern Art have?
Net assets were $2.31B at the end of FY ending Jun 2025, about 90.8 months of spending.
Form 990 (FY ending Jun 2025), Part XDoes Museum of Modern Art have any red flags in its filing?
Its latest Form 990 triggered none of our twelve screening rules, which cover reported asset diversions, insider transactions, fundraiser costs, governance policies and spending patterns.
Form 990 (FY ending Jun 2025)07 · Sources and citing
Every number, traced.
- Museum of Modern Art Form 990, FY ending Jun 2025 (IRS e-file)
- Museum of Modern Art Form 990 history (ProPublica Nonprofit Explorer)
Cite this page
Amir Arani, “Museum of Modern Art: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/museum-of-modern-art/