The Frick Collection (EIN 131624012) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1920

Legal Domicile

Principal Officer

Axel Ruger

Phone

2122880700

Tax Period

2024-07-01 to 2025-06-30

The Frick Collection, founded in 1920, is a mid-sized nonprofit that reported $52.6M in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $45.4M left a modest 14% surplus.

Mission

The Frick Collection (the "Collection") operates an internationally recognized art museum and library program for the inspiration and enjoyment of the public and for the advancement of the study of fine arts and kindred subjects.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $25,731,615

Program Service Revenue $4,395,619

Investment Income $22,355,382

Other Revenue $87,905

TOTAL REVENUE $52,570,521

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,180,842

Fundraising Expenses $6,053,570

Program Expenses $25,903,942

Other Expenses $18,184,130

TOTAL EXPENSES $45,364,972

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,570,521	$110,419,519	-0.5%
Expenses	$45,364,972	$30,783,092	+0.5%
Net Income	$7,205,549	$79,636,427	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

278

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,782,137

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ian Wardropper	Dir thru 2/25	35.00	Officer	$983,128	$67,641	$1,050,769
Joseph Shatoff	Deputy Dir & COO thru 2/25	35.00		$411,276	$69,446	$480,722
Tia Chapman	Deputy Director of External Affairs	35.00		$375,116	$58,996	$434,112
Michael Paccione	CFO& Asst Treas	0.00	Officer	$328,746	$37,615	$366,361
Alexis Sandler	GC & Asst Secr	35.00	Officer	$306,235	$58,772	$365,007
Xavier Salomon	Peter Jay Sharp Chief Curator	35.00		$312,117	$45,252	$357,369
Carolyn Straub	Ass. Dir. Cap Proj	35.00		$246,047	$48,922	$294,969
Stephen Bury	A.W. Mellon Chief Librarian	35.00		$219,580	$35,764	$255,344
Dana Winfield	Chief HR Officer	35.00		$203,630	$48,038	$251,668
Angie Calderwood	Asst Dir of Devlop	35.00		$191,635	$31,422	$223,057
Megan Flynn Zinger	Controller	35.00		$183,375	$22,827	$206,202
Luisa Herrera	Sen.Man.Spec. Proj	35.00		$176,450	$20,574	$197,024
Heidi Rosenau	Ass.Dir. of Commun	35.00		$168,023	$20,716	$188,739
Virginia Barbato	Trustee	1.00	Director	$0	$0	$0
Margot Bogert	Trustee	1.00	Director	$0	$0	$0
Ayesha Bulchandani	Trustee	1.00	Director	$0	$0	$0
Tai- Heng Cheng	Trustee	1.00	Director	$0	$0	$0
Suzzara Durocher	Trustee	1.00	Director	$0	$0	$0
Charles Estabrook Dane	Trustee	1.00	Director	$0	$0	$0
R Bradford Evans	Trustee	1.00	Director	$0	$0	$0
Elizabeth Eveillard	Trustee & Chair	5.00	Officer Director	$0	$0	$0
Kathleen Feldstein	Trustee & Secr	3.00	Officer Director	$0	$0	$0
Michael Horvitz	Trustee&V.Chair	3.00	Officer Director	$0	$0	$0
Christian Keesee	Trustee	1.00	Director	$0	$0	$0
Karen Gray- Krehbiel	Trustee	1.00	Director	$0	$0	$0
Rafael Mason	Trustee	1.00	Director	$0	$0	$0
Jane Moss	Trustee	1.00	Director	$0	$0	$0
James Reibel	Trustee	1.00	Director	$0	$0	$0
Charles Royce	Trustee	1.00	Director	$0	$0	$0
Juan Sabater	Trustee& Treas	3.00	Officer Director	$0	$0	$0
Stephen Schwarzman	Trustee	1.00	Director	$0	$0	$0
Bernard Selz	Trustee	1.00	Director	$0	$0	$0
Victoria Lea Smith	Trustee	1.00	Director	$0	$0	$0
Alexa Davison Suskin	Trustee	1.00	Director	$0	$0	$0
J Fife Symington IV	Trustee	1.00	Director	$0	$0	$0
David Tobey	Trustee	1.00	Director	$0	$0	$0
Axel Ruger	Dir 3/1- 6/30	35.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$52,570,521	$45,364,972	$687,865,237	$7,205,549
2024	No data	No data	No data	No data
2023	$47,000,287	$29,233,056	$669,514,480	$17,767,231
2022	$67,471,378	$24,415,722	$539,477,374	$43,055,656
2021	$37,986,909	$23,449,391	$548,300,043	$14,537,518
2020	$72,415,948	$43,385,006	$460,985,969	$29,030,942
2019	$54,830,247	$41,872,313	$430,938,400	$12,957,934
2018	$36,396,937	$32,873,146	$420,173,350	$3,523,791

The Frick Collection