METROPOLITAN MUSEUM OF ART

EIN: 131624086 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$907,368,037
Total Expenses
$502,035,162
Total Assets
$6,425,250,270
Net Assets
$5,767,473,533
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1870
Legal Domicile
NY
Principal Officer
MAX HOLLEIN
Phone
2128795500
Tax Period
2024-07-01 to 2025-06-30

METROPOLITAN MUSEUM OF ART, founded in 1870, is a major nonprofit in the Arts, Culture & Humanities sector that reported $907.4M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $405.3M, a strong 45% operating margin.

Mission

THE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES. PLEASE SEE SCHEDULE O FOR MORE DETAILS.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $356,445,070
Program Service Revenue $4,223,113
Investment Income $520,347,739
Other Revenue $26,352,115
TOTAL REVENUE $907,368,037

Expense Breakdown

Grants Paid $2,322,708
Salaries & Benefits $251,622,874
Fundraising Expenses $23,719,525
Program Expenses $287,988,311
Other Expenses $247,971,960
TOTAL EXPENSES $502,035,162

Year-over-Year Comparison

2024 2023 Change
Revenue $907,368,037 $697,601,819 +0.3%
Expenses $502,035,162 $477,944,815 +0.1%
Net Income $405,332,875 $219,657,004 +0.8%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
50
Independent Members
49
Employees
2235
Volunteers
1355

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
15
$8,825,805
Total Directors
57
$1,871,720
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lauren A Meserve SVP & CHIEF INVESTMENT OFFICER 35.0
Officer
$1,646,429 $533,874 $2,180,303
Max Hollein Director & CEO 35.0
Officer Director
$1,804,586 $67,134 $1,871,720
Lawrence Choi SENIOR INVESTMENT OFFICER 35.0
Highest
$915,208 $319,200 $1,234,408
Kenly Voght SENIOR INVESTMENT OFFICER 35.0
Highest
$1,089,097 $66,631 $1,155,728
Jameson Kelleher COO, CFO AND TREASURER 35.0
Officer
$803,416 $61,218 $864,634
Whitney Donhauser DEP DIR & CHF ADVANCEMENT OFF 35.0
Officer
$602,228 $67,247 $669,475
Sharon H Cott SVP,SECRTRY&GEN.CNSL to 4/1/25 35.0
Officer
$522,100 $76,575 $598,675
Quincy Houghton DEP DIR FOR EXH & INT'L INITIA 35.0
Officer
$418,853 $76,940 $495,793
Daniel H Weiss PRESIDENT AND CEO TO 6/30/23 35.0
$492,000 $0 $492,000
Stephen Martin Mannello Head of Retail & Global Licens 35.0
Highest
$427,286 $63,482 $490,768
Kenneth Weine SVP & CHF COMM OFF TO 12/31/23 35.0
$464,661 $9,795 $474,456
Andrea Bayer DEPUTY DIR, COLLECTIONS/ADMIN 35.0
Officer
$389,891 $67,406 $457,297
David Breslin Curator in Charge 35.0
Highest
$395,574 $60,138 $455,712
Kerry Mullins CHIEF HR OFFICER 35.0
Officer
$375,848 $66,272 $442,120
Jhaelen Hernandez Eli VP, CAPITAL PROJECTS To 1/3/25 35.0
Officer
$374,248 $66,397 $440,645
Inka Drogemuller DEP DIR FOR AUDIENCE ENGAGEMEN 35.0
Officer
$389,242 $49,793 $439,035
Steven R Ryan CHIEF TECHNOLOGY OFFICER 35.0
Highest
$356,049 $76,650 $432,699
Rishi Agnani Deputy Chief Human Resources 35.0
$346,231 $71,028 $417,259
H Sujin Kim DEP GEN CNSL & ASST SECRECTARY 35.0
Officer
$328,153 $37,955 $366,108
Candace K Beinecke Elective Trustee & Co-Chair 5.0
Officer Director
$0 $0 $0
Hamilton E James Elective Trustee & Co-Chair 5.0
Officer Director
$0 $0 $0
Richard L Chilton Jr Elective Trustee & Vice Chair 2.0
Officer Director
$0 $0 $0
Debra Black Elective Trustee 1.0
Director
$0 $0 $0
Samantha Boardman Elective Trustee 2.0
Director
$0 $0 $0
James Breyer Elective Trustee 1.0
Director
$0 $0 $0
Daniel Brodsky From 7124 Elective Trustee 1.0
Director
$0 $0 $0
Ursula Burns Elective Trustee 1.0
Director
$0 $0 $0
Gerrard P Bushell Elective Trustee 1.0
Director
$0 $0 $0
Jordan Casteel Elective Trustee 1.0
Director
$0 $0 $0
Wellington Z Chen Elective Trustee 1.0
Director
$0 $0 $0
N Anthony Coles Elective Trustee 1.0
Director
$0 $0 $0
Stephen M Cutler Elective Trustee 2.0
Director
$0 $0 $0
Robert Denning Elective Trustee 1.0
Director
$0 $0 $0
Blair Effron Elective Trustee 2.0
Director
$0 $0 $0
Mark Fisch Elective Trustee 2.0
Director
$0 $0 $0
Marina Kellen French Elective Trustee 1.0
Director
$0 $0 $0
Amy Griffin Elective Trustee 1.0
Director
$0 $0 $0
Kenneth Hao Elective Trustee From 5/20/25 1.0
Director
$0 $0 $0
Jeff Himmelman Elective Trustee 1.0
Director
$0 $0 $0
Yan Huo Elective Trustee 1.0
Director
$0 $0 $0
Michael ByungJu Kim Elective Trustee 1.0
Director
$0 $0 $0
Julia Koch Elective Trustee 1.0
Director
$0 $0 $0
Sacha Lainovic Elective Trustee 2.0
Director
$0 $0 $0
Aerin Lauder Elective Trustee 1.0
Director
$0 $0 $0
Janice Y K Lee Elective Trustee 1.0
Director
$0 $0 $0
Pablo G Legorreta Elective Trustee 1.0
Director
$0 $0 $0
Wesley M LePatner Elective Trustee from 2/21/25 1.0
Director
$0 $0 $0
Amanda Davis Lister Elective Trustee 1.0
Director
$0 $0 $0
Philip F Maritz Elective Trustee 1.0
Director
$0 $0 $0
Howard Marks Elective Trustee 1.0
Director
$0 $0 $0
Bijan Mossavar-Rahmani Elective Trustee 2.0
Director
$0 $0 $0
Dasha Niarchos Elective Trustee 1.0
Director
$0 $0 $0
Edward N Pick Elective Trustee 1.0
Director
$0 $0 $0
John Pritzker Elective Trustee 2.0
Director
$0 $0 $0
Sir Paul Ruddock Elective Trustee 1.0
Director
$0 $0 $0
Alejandro Santo Domingo Elective Trustee 2.0
Director
$0 $0 $0
Andrew M Saul Elective Trustee 1.0
Director
$0 $0 $0
Karen Patton Seymour Elective Trustee 2.0
Director
$0 $0 $0
Andrew Solomon Elective Trustee 2.0
Director
$0 $0 $0
Jamie Singer Soros Elective Trustee 1.0
Director
$0 $0 $0
Beatrice Stern Elective Trustee 1.0
Director
$0 $0 $0
Steve Stoute Elective Trustee 1.0
Director
$0 $0 $0
Gaby Sulzberger Elective Trustee 2.0
Director
$0 $0 $0
Oscar L Tang Elective Trustee 1.0
Director
$0 $0 $0
Ann G Tenenbaum Elective Trustee 1.0
Director
$0 $0 $0
Merryl H Tisch Elective Trustee 1.0
Director
$0 $0 $0
Mathew M Wambua Elective Trustee to 5/28/25 2.0
Director
$0 $0 $0
David S Winter Elective Trustee 2.0
Director
$0 $0 $0
Dame Anna Wintour Elective Trustee 1.0
Director
$0 $0 $0
Eric Adams Ex-Officio Trustee 1.0
Director
$0 $0 $0
Adrienne Adams Ex-Officio Trustee 1.0
Director
$0 $0 $0
Brad Lander Ex-Officio Trustee 1.0
Director
$0 $0 $0
Susan Donoghue Ex-Officio Trustee to 5/31/25 1.0
Director
$0 $0 $0
Iris Rodriguez-Rosa Ex-Officio Trustee from 6/1/25 1.0
Director
$0 $0 $0
Laurie Cumbo Ex-Officio Trustee 1.0
Director
$0 $0 $0
Paul Pineau From 31025 General Counsel & Secretary 35.0
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 $907,368,037 $502,035,162 $6,425,250,270 $405,332,875
2024 $697,601,819 $477,944,815 $6,025,306,841 $219,657,004
2023 $761,527,826 $420,244,064 $5,614,873,152 $341,283,762
2022 $653,501,924 $418,756,869 $5,373,900,476 $234,745,055
2021 $536,480,017 $368,977,830 $5,588,554,992 $167,502,187
2020 $414,668,610 $421,209,919 $4,530,953,743 $-6,541,309
2019 $515,073,571 $491,265,706 $4,477,108,999 $23,807,865
2018 $574,798,843 $492,173,112 $4,364,352,710 $82,625,731
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