Skyscraper Museum
- Assets
- $8.9m
- Revenue
- $693.2k
- Investments
- $0.0
- Employees
- 18
- Location
- New York, NY
- Founding
- 08/1996
- Data as of
- 06/2021
- EIN
- 13-3882190
Organization Overview
Skyscraper Museum is located in New York, NY. The organization was established in 1996. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Skyscraper Museum employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skyscraper Museum 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 06/2021, Skyscraper Museum generated $693.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $532.9k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EXPLORE THE THEMES OF URBAN VITALITY, IDENTITY AND CULTURE. LOCATED IN LOWER MANHATTAN, THE MUSEUM IS THE ONLY INSTITUTION IN THIS COUNTRY DEVOTED TO THE STORY OF TALL BUILDINGS PAST, PRESENT AND FUTURE. THROUGH EXHIBITIONS, COLLECTIONS, PROGRAMS, AND OUR WEBSITE, THE MUSEUM EXPLORES THE ROLE OF TALL BUILDINGS AS OBJECTS OF DESIGN, PRODUCTS OF TECHNOLOGY, SITES OF CONSTRUCTION, INVESTMENTS IN REAL ESTATE, PLACES OF WORK AND RESIDENCE AND POWERFUL CULTURAL SYMBOLS. THE GALLERY IS A WORK OF CONTEMPORARY ARCHITECTURE BY ROGER DUFFY OF SKIDMORE, OWINGS AND MERRILL. USING THE REFLECTIONS OF A MIRROR-POLISH STAINLESS STEEL FLOOR AND CEILING, THE DESIGN CREATES AN IMPRESSION OF ENDLESS VERTICAL TOWERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS - THE MUSEUM OFFERED MANY VIRTUAL EDUCATIONAL PROGRAMS, LECTURES, AND AUTHOR'S TALKS THROUGHOUT FY21. NORMALLY THESE WOULD HAVE BEEN HELD IN THE MUSEUM'S GALLERIES, BUT DUE TO THE PANDEMIC THEY WERE ALL LIVE-STREAMED TO PROFESSIONAL AND GENERAL-INTEREST AUDIENCES.
EXHIBITIONS - THE MUSEUM HAD NO NEW EXHIBITIONS IN FY21, AS IT WAS CLOSED THROUGHOUT THE YEAR, BUT IT SPENT SUBSTANTIAL TIME PREPARING THE NEW EXHIBITIONS.
EDUCATIONAL TOURS - THE MUSEUM HAD NO TOURS IN FY21 AS IT WAS CLOSED THROUGHOUT THE YEAR. IT DID SPEND SOME TIME PREPARING FOR FUTURE TOURS. THE MUSEUM NORMALLY PROVIDES TOURS OF ITS EXHIBITS AND COLLECTIONS TO GROUPS FROM ELEMENTARY SCHOOL TO COLLEGE, AS WELL AS SENIOR GROUPS. EDUCATORS LEAD TOURS (UP TO 30 STUDENTS) THAT INCORPORATE LEARNING FROM ACROSS THE NEW YORK STATE CURRICULUM, INCLUDING SCIENCE, MATHEMATICS, THE ARTS, AND SOCIAL STUDIES. STUDENTS LEAVE WITH AN APPRECIATION OF SKYSCRAPERS AND THEIR ROLE IN SOCIETY AS WELL AS A BETTER UNDERSTANDING OF THE METHODS OF CONSTRUCTING TALL BUILDINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol A Willis President-Director | OfficerTrustee | 50 | $106,250 |
Owen Gutfreund Treasurer | OfficerTrustee | 1 | $0 |
James Von Klemperer Chair | OfficerTrustee | 1 | $0 |
Lynne Sagalyn Vice Chair | OfficerTrustee | 1 | $0 |
Jed S Marcus Secretary | OfficerTrustee | 1 | $0 |
Purnima Kapur Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $128,357 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $89,615 |
| All other contributions, gifts, grants, and similar amounts not included above | $269,835 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $487,807 |
| Total Program Service Revenue | $345 |
| Investment income | $57,251 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $139 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $147,649 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $693,241 |
| 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. | $100,000 |
| Compensation of current officers, directors, key employees. | $15,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $143,056 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,506 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,188 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,911 |
| Fees for services: Other | $28,788 |
| Advertising and promotion | $0 |
| Office expenses | $10,780 |
| Information technology | $38,885 |
| Royalties | $0 |
| Occupancy | $42,212 |
| Travel | $44 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $87,100 |
| Insurance | $1,175 |
| All other expenses | $0 |
| Total functional expenses | $532,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,293 |
| Savings and temporary cash investments | $1,533,427 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $778 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,081 |
| Prepaid expenses and deferred charges | $7,634 |
| Net Land, buildings, and equipment | $1,938,620 |
| Investments—publicly traded securities | $3,102,389 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,217,396 |
| Total assets | $8,891,618 |
| Accounts payable and accrued expenses | $33,181 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $66,977 |
| Total liabilities | $100,158 |
| Net assets without donor restrictions | $5,044,064 |
| Net assets with donor restrictions | $3,747,396 |
| 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 | $8,891,618 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Skyscraper Museum has recieved totaling $2,000.
| Awarding Organization | Amount |
|---|---|
Peter T Joseph Foundation Inc New York, NY PURPOSE: GENERAL CHARITABLE PURPOSES | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carnegie Institute Pittsburgh, PA | $541,460,866 | $82,217,609 |
Peabody Essex Museum Inc Salem, MA | $834,878,169 | $57,993,478 |
The Corning Museum Of Glass Corning, NY | $73,662,076 | $31,481,253 |
Intrepid Museum Foundation Inc New York, NY | $107,274,514 | $23,304,017 |
Jewish Museum New York, NY | $170,221,432 | $22,874,963 |
Mystic Seaport Museum Inc Mystic, CT | $122,267,932 | $26,794,983 |
The Paley Center For Media New York, NY | $149,800,581 | $16,736,827 |
Stone Barns Restoration Corp Pocantico Hills, NY | $107,933,883 | $7,964,721 |
Margaret Woodbury Strong Museum Rochester, NY | $223,670,725 | $24,556,351 |
Newark Museum Association Newark, NJ | $64,370,892 | $11,736,749 |
Brandywine Conservancy & Museum Of Art Chadds Ford, PA | $159,611,083 | $25,949,606 |
The Studio Museum In Harlem New York, NY | $153,708,532 | $40,471,884 |