Museum Association Of New York
- Assets
- $262.7k
- Revenue
- $549.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Troy, NY
- Founding
- 01/1993
- Data as of
- 12/2021
- EIN
- 16-1156434
Organization Overview
Museum Association Of New York is located in Troy, NY. The organization was established in 1993. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Museum Association Of New York employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Museum Association Of New York 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 12/2021, Museum Association Of New York generated $549.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $521.3k during the year ending 12/2021. While expenses have increased by 5.6% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MANY ENSURES THAT NEW YORK STATE MUSEUMS OPERATE AT THEIR FULL POTENTIAL AS ECONOMIC DRIVERS AND ESSENTIAL COMPONENTS OF THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RESOURCES TO ADVOCATE, EDUCATE, COLLABORATE, AND SUPPORT PROFESSIONAL STANDARDS AND ORGANIZATIONAL DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika Sanger Executive Dir. | Officer | 40 | $88,269 |
Suzanne Leblanc President | OfficerTrustee | 4 | $0 |
Brian Lee Whisenhunt Vice President | OfficerTrustee | 4 | $0 |
Bruce Whitmarsh Treasurer | OfficerTrustee | 4 | $0 |
Becky Wehle Secretary | OfficerTrustee | 4 | $0 |
Cliff Laube Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $84,060 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $66,432 |
| All other contributions, gifts, grants, and similar amounts not included above | $312,215 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $462,707 |
| Total Program Service Revenue | $86,775 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $549,484 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,000 |
| 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. | $88,269 |
| Compensation of current officers, directors, key employees. | $22,067 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $114,139 |
| Pension plan accruals and contributions | $4,982 |
| Other employee benefits | $21,339 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,168 |
| Travel | $1,281 |
| 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 | $0 |
| Insurance | $1,948 |
| All other expenses | $35,977 |
| Total functional expenses | $521,332 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $177,614 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $76,615 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,471 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $262,700 |
| Accounts payable and accrued expenses | $9,300 |
| Grants payable | $0 |
| Deferred revenue | $131,813 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $291,113 |
| Net assets without donor restrictions | -$34,908 |
| Net assets with donor restrictions | $6,495 |
| 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 | $262,700 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Museum Association Of New York has recieved totaling $10,006.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Elmira Corning And The Finger Lakes Horseheads, NY PURPOSE: ANNUAL CONFERENCE | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $6 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Council Of Learned Societies New York, NY | $199,575,071 | $37,439,846 |
Advertising Research Foundation Inc New York, NY | $7,084,927 | $8,623,968 |
The International Coalition Of Historic Ite Museums Of Conscience New York, NY | $2,572,354 | $8,768,933 |
Theatre Communications Group Inc New York, NY | $7,458,021 | $6,461,267 |
The Broadway League Inc New York, NY | $17,394,373 | $2,874,492 |
American Symphony Orchestra League New York, NY | $11,789,942 | $6,931,089 |
Video Advertising Bureau Inc New York, NY | $5,863,677 | $6,614,761 |
Opera America Inc New York, NY | $21,495,082 | $5,690,929 |
American Institute Of Graphic Arts New York, NY | $6,026,446 | $3,684,558 |
American Numismatic Society New York, NY | $59,393,840 | $7,804,427 |
College Art Association Of America Inc New York, NY | $11,184,804 | $5,238,547 |
Authors Guild Inc New York, NY | $3,070,324 | $4,065,324 |