MUSEUM OF CONTEMPORARY ART

EIN: 366154098 501(c)(3) Arts, Culture & Humanities

CHICAGO, IL

Total Revenue
$25,003,137
Total Expenses
$35,539,242
Total Assets
$213,337,833
Net Assets
$174,060,757
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
IL
Principal Officer
WES MORAN
Phone
3123973808
Tax Period
2024-07-01 to 2025-06-30

MUSEUM OF CONTEMPORARY ART, founded in 1964, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $25.0M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $35.5M exceeded revenue, resulting in a 42% operating deficit.

Mission

ENHANCE APPRECIATION OF CONTEMPORARY ART THROUGH EDUCATION, PROGRAMMING AND EXHIBITIONS.

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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 $17,725,366
Program Service Revenue $1,427,942
Investment Income $4,849,258
Other Revenue $1,000,571
TOTAL REVENUE $25,003,137

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,204,568
Fundraising Expenses $3,534,206
Program Expenses $26,660,884
Other Expenses $21,334,674
TOTAL EXPENSES $35,539,242

Year-over-Year Comparison

2024 2023 Change
Revenue $25,003,137 $17,298,565 +0.4%
Expenses $35,539,242 $37,704,123 -0.1%
Net Income $-10,536,105 $-20,405,558 -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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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
65
Independent Members
64
Employees
203
Volunteers
80

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
8
$1,635,759
Total Directors
67
$894,699
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MADELEINE GRYNSZTEJN PRITZKER DIRECTOR 40.00
Officer Director
$851,933 $42,766 $894,699
CARI B SACKS BOARD CHAIR AND TRUSTEE 10.00
Officer Director
$0 $0 $0
ELLEN-BLAIR CHUBE VICE CHAIR AND TRUSTEE 5.00
Officer Director
$0 $0 $0
NICKOL R HACKETT VICE CHAIR AND TRUSTEE 5.00
Officer Director
$0 $0 $0
LESLIE BLUHM SECRETARY AND TRUSTEE 5.00
Officer Director
$0 $0 $0
MICHAEL CANMANN TREASURER AND TRUSTEE 5.00
Officer Director
$0 $0 $0
SARA ALBRECHT TRUSTEE 2.00
Director
$0 $0 $0
MICHAEL ALPER TRUSTEE 2.00
Director
$0 $0 $0
PETER J BARACK TRUSTEE 2.00
Director
$0 $0 $0
MARLENE BRESLOW-BLITSTEIN TRUSTEE 2.00
Director
$0 $0 $0
MARC BROOKS TRUSTEE 2.00
Director
$0 $0 $0
ROBERT BUFORD TRUSTEE 2.00
Director
$0 $0 $0
CAROL COHEN TRUSTEE 2.00
Director
$0 $0 $0
TARRAH COOPER WRIGHT TRUSTEE 2.00
Director
$0 $0 $0
NANCY CROWN TRUSTEE 2.00
Director
$0 $0 $0
DIMITRIS DASKALOPOULOS TRUSTEE 2.00
Director
$0 $0 $0
LAURA DAVIS TRUSTEE 2.00
Director
$0 $0 $0
ROBERT H DEFARES TRUSTEE 2.00
Director
$0 $0 $0
LISA DUARTE TRUSTEE 2.00
Director
$0 $0 $0
CHERYL S DURST TRUSTEE 2.00
Director
$0 $0 $0
LOIS EISEN TRUSTEE 2.00
Director
$0 $0 $0
LARRY FIELDS TRUSTEE 2.00
Director
$0 $0 $0
NICHOLAS GIAMPIETRO TRUSTEE 2.00
Director
$0 $0 $0
RACHEL GRUND TRUSTEE 2.00
Director
$0 $0 $0
JACK GUTHMAN TRUSTEE 2.00
Director
$0 $0 $0
JOHN B HARRIS TRUSTEE 2.00
Director
$0 $0 $0
KING HARRIS TRUSTEE 2.00
Director
$0 $0 $0
JANAINA HEES TRUSTEE 2.00
Director
$0 $0 $0
CYNTHIA HUNT TRUSTEE 2.00
Director
$0 $0 $0
ANNE L KAPLAN TRUSTEE 2.00
Director
$0 $0 $0
GUY LAKONISHOK TRUSTEE 2.00
Director
$0 $0 $0
LIZ LEFKOFSKY TRUSTEE 2.00
Director
$0 $0 $0
JONATHAN LEVIN TRUSTEE 2.00
Director
$0 $0 $0
RON LEVIN TRUSTEE 2.00
Director
$0 $0 $0
JAMES H LITINSKY TRUSTEE 2.00
Director
$0 $0 $0
MARQUIS D MILLER TRUSTEE 2.00
Director
$0 $0 $0
SUNDEEP MULLANGI TRUSTEE 2.00
Director
$0 $0 $0
CARRIE REYES MURPHY TRUSTEE 2.00
Director
$0 $0 $0
MARTIN NESBITT TRUSTEE 2.00
Director
$0 $0 $0
MICHAEL O'GRADY TRUSTEE 2.00
Director
$0 $0 $0
CAROL PRINS TRUSTEE 2.00
Director
$0 $0 $0
NATHANIEL ROBINSON TRUSTEE 2.00
Director
$0 $0 $0
EVE ROGERS TRUSTEE 2.00
Director
$0 $0 $0
JOSHUA ROGERS TRUSTEE 2.00
Director
$0 $0 $0
ILAN SHALIT TRUSTEE 2.00
Director
$0 $0 $0
WILLIAM SILVERSTEIN TRUSTEE 2.00
Director
$0 $0 $0
SARA SZOLD TRUSTEE (UNTIL 02/25) 2.00
Director
$0 $0 $0
ROBIN LOEWENBERG TEBBE TRUSTEE 2.00
Director
$0 $0 $0
NIGEL F TELMAN TRUSTEE 2.00
Director
$0 $0 $0
DIA S WEIL TRUSTEE 2.00
Director
$0 $0 $0
I JOYCE YAUNG TRUSTEE (UNTIL 06/25) 2.00
Director
$0 $0 $0
DANIEL YIH TRUSTEE 2.00
Director
$0 $0 $0
HELEN ZELL TRUSTEE 2.00
Director
$0 $0 $0
NICK CAVE ARTIST TRUSTEE 2.00
Director
$0 $0 $0
JOHN D CARTLAND LIFE TRUSTEE 2.00
Director
$0 $0 $0
MARSHALL FRONT LIFE TRUSTEE 2.00
Director
$0 $0 $0
HELYN D GOLDENBERG LIFE TRUSTEE 2.00
Director
$0 $0 $0
JAMES A GORDON LIFE TRUSTEE 2.00
Director
$0 $0 $0
MARY ITTELSON LIFE TRUSTEE 2.00
Director
$0 $0 $0
DON KAUL LIFE TRUSTEE 2.00
Director
$0 $0 $0
SALLY MEYERS KOVLER LIFE TRUSTEE 2.00
Director
$0 $0 $0
GAEL NEESON LIFE TRUSTEE 2.00
Director
$0 $0 $0
PENNY PRITZKER LIFE TRUSTEE 2.00
Director
$0 $0 $0
DORIE STERNBERG LIFE TRUSTEE 2.00
Director
$0 $0 $0
DARYL GERBER STOKOLS LIFE TRUSTEE 2.00
Director
$0 $0 $0
MARJORIE SUSMAN LIFE TRUSTEE 2.00
Director
$0 $0 $0
ALLEN M TURNER LIFE TRUSTEE 2.00
Director
$0 $0 $0
GWENDOLYN PERRY DAVIS DEPUTY DIRECTOR & COO 40.00
Officer
$435,500 $34,064 $469,564
WES MORAN CFO 40.00
Officer
$237,919 $33,577 $271,496
MOLLIE ALEXANDER CHIEF DEVELOPMENT OFF. (UNTIL 07/24) 40.00
Highest
$233,435 $21,904 $255,339
RENE MORALES CHIEF CURATOR (UNTIL 04/24) 40.00
Highest
$233,484 $10,101 $243,585
JOSHUA MANN CHIEF PEOPLE OFFICER 40.00
Highest
$203,694 $31,690 $235,384
GINA CROWLEY SR. DIRECTOR OF AUDIENCE EXPERIENCE 40.00
Highest
$180,935 $16,914 $197,849
CLAIRE RUUD DIR. OF CUR. AFFAIRS (UNTIL 01/25) 40.00
Highest
$183,591 $4,194 $187,785
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 $25,003,137 $35,539,242 $213,337,833 $-10,536,105
2024 $17,298,565 $37,704,123 $210,445,908 $-20,405,558
2023 $19,228,047 $32,831,350 $214,493,199 $-13,603,303
2022 $28,449,427 $24,551,207 $213,513,688 $3,898,220
2021 $26,817,111 $20,848,982 $231,693,659 $5,968,129
2020 $15,185,579 $24,194,440 $199,455,132 $-9,008,861
2019 $22,355,820 $23,799,749 $207,854,477 $-1,443,929
2018 $20,684,452 $25,065,124 $199,499,265 $-4,380,672
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