THE MUSEUM OF FOOD AND DRINK

EIN: 203735162 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$787,759
Total Expenses
$518,078
Total Assets
$563,552
Net Assets
$-197,136
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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NY
Principal Officer
NAZLI PARVIZI
Phone
2013713550
Tax Period
2022-07-01 to 2023-06-30

THE MUSEUM OF FOOD AND DRINK, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $788K in total revenue in fiscal year 2022. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $270K, a strong 34% operating margin.

Mission

MOFAD IS A NEW KIND OF MUSEUM THAT BRINGS THE WORLD OF FOOD TO LIFE WITH EXHIBITS YOU CAN TASTE, TOUCH, AND SMELL. WE INSPIRE PUBLIC CURIOSITY ABOUT FOOD, WHAT IT MEANS, AND HOW IT CONNECTS WITH THE WORLD AROUND US.

Program Service Accomplishments

Program 1
Expenses: $296,513 Revenue: $66,950

PUBLIC PROGRAMS: MOFAD'S PUBLIC PROGRAMS ENCOMPASS A RANGE OF EDUCATIONAL, EXPERIENTIAL,AND HANDS-ON EVENT OFFERINGS SUCH AS COOKING DEMONSTRATIONS, SUBJECT MATTER EXPLORATIONS, AND COMMUNITY...

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PUBLIC PROGRAMS: MOFAD'S PUBLIC PROGRAMS ENCOMPASS A RANGE OF EDUCATIONAL, EXPERIENTIAL,AND HANDS-ON EVENT OFFERINGS SUCH AS COOKING DEMONSTRATIONS, SUBJECT MATTER EXPLORATIONS, AND COMMUNITY WORKSHOPS ORGANIZED AROUND KEY THEMES: "GLOBAL CULTURES, GLOBAL CUISINES," "DINNERS OF THE PAST," "EAT, DRINK, READ," "LAB'S LAB," "MOFAD @ NIGHT," "KIDS IN THE KITCHEN," "SEASONAL SPIRITS, AND "WILD FOODS." MULTIMEDIA PROJECT: MOFAD CITY IS A MULTIMEDIA PROJECT FIRST LAUNCHED IN COLLABORATION WITH EATER TO TELL THE STORIES OF FOOD CULTURES IN NEIGHBORHOODS AROUND THE COUNTRY. THE PROJECT AIMS TO PROMOTE AN APPRECIATION OF IMMIGRANT FOOD TRADITIONS AND TO INSPIRE THOUGHTFUL DISCUSSION AROUND THE MEANING OF AMERICAN CUISINE AS A UNIQUELY DIVERSE SET OF FOOD COMMUNITIES. DIGITALLY, THE PROJECT EXPANDS MOFAD'S EDUCATIONAL AND CULTURAL FOOTPRINT, ENSURING ACCESS TO THE MUSEUM'S CURATORIAL VISION AND ETHOS THROUGH SELF-GUIDED DIGITAL TOURS OF FOOD COMMUNITIES ACROSS THE U.S. LAUNCHING IN LATE 2016, MOFAD CITY INCLUDED EIGHT GUIDES COVERING FOOD CULTURES IN SIX CITIES BY 2018, HIGHLIGHTING EACH COMMUNITY'S RICH HISTORY, ITS RESTAURANTS AND FOOD VENDORS, AND THE CULTURAL AND HISTORICAL SIGNIFICANCE OF THE CULINARY LANDMARKS THAT CONTRIBUTE TO THIS HISTORY-ALL WHILE USERS ENJOY FOOD AND SUPPORT LOCAL BUSINESSES.AFRICAN/AMERICAN: MAKING THE NATION'S TABLE - IN 2019, MOFAD BEGAN WORKING ON ITS UPCOMING EXHIBITION IN EARNEST: CONDUCTING RESEARCH, ACQUIRING ARTIFACTS, ENGAGING DESIGNERS AND FABRICATORS, AND PLANNING OPERATIONS. "AFRICAN/AMERICAN: MAKING THE NATION'S TABLE" WOULD CELEBRATE THE CONTRIBUTIONS OF COUNTLESS BLACK CHEFS, FARMERS, AND FOOD AND DRINK PRODUCERS WHO HAVE BEEN WRITTEN OUT OF HISTORY PROVIDING RECOGNITION THAT IS LONG OVERDUE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $720,809
Program Service Revenue $66,950
Investment Income $0
Other Revenue $0
TOTAL REVENUE $787,759

Expense Breakdown

Grants Paid $0
Salaries & Benefits $321,864
Fundraising Expenses $114,619
Program Expenses $296,513
Other Expenses $196,214
TOTAL EXPENSES $518,078

Year-over-Year Comparison

2022 2021 Change
Revenue $787,759 $1,191,784 -0.3%
Expenses $518,078 $1,015,806 -0.5%
Net Income $269,681 $175,978 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
20
Volunteers
6

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
2
$118,096
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVE ARNOLD TRUSTEE 2.00
Director
$0 $0 $0
HANNAH BRONFMAN TRUSTEE 2.00
Director
$0 $0 $0
DESIRE VINCENT LEVY TRUSTEE 2.00
Director
$0 $0 $0
JESSAMYN WALDMAN RODRIGUEZ TRUSTEE 2.00
Director
$0 $0 $0
FICUS KIRKPATRICK TRUSTEE 2.00
Director
$0 $0 $0
JULIAN YAP CHAIR 2.00
Officer Director
$0 $0 $0
NAZLI PARVIZI PRESIDENT 5.00
Officer
$115,385 $2,711 $118,096
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 No data No data No data No data
2024 No data No data No data No data
2023 $787,759 $518,078 $563,552 $269,681
2022 $1,191,784 $1,969,863 $300,007 $-778,079
2021 $469,926 $625,907 $1,378,855 $-155,981
2019 $1,318,745 $1,257,072 $1,274,547 $61,673
2018 $1,119,465 $1,129,969 $377,149 $-10,504
2018 $1,066,465 $1,168,206 $292,149 $-101,741
2017 $964,127 $949,275 $354,335 $14,852
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