WASHINGTON, DC
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Sign In — Free (10 views/day)THE PHILLIPS COLLECTION, founded in 1921, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $26.6M in total revenue in fiscal year 2024. Revenue surged 94% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.2M, a strong 35% operating margin.
THE PHILLIPS COLLECTION IS THE OLDEST MUSEUM OF MODERN AND CONTEMPORARY ART IN THE U.S. IN ADDITION TO PRESENTATION OF WORKS FROM THE PERMANENT COLLECTION AND SPECIAL EXHIBITIONS, THE MUSEUM MAINTAINS ACTIVE EDUCATIONAL, ACADEMIC, (CONTINUED ON SCHEDULE O)AND PUBLIC PROGRAMS, AND NUMEROUS PARTNERSHIPS WITH OTHER D.C. ARTS ORGANIZATIONS, EMBASSIES, AND EDUCATIONAL INSTITUTIONS. THE PHILLIPS TAKES PRIDE IN ITS HERITAGE AS AN INTIMATE MUSEUM COMBINED WITH AN EXPERIMENT STATION.
DEVELOPMENT AND PRESENTATION OF SPECIAL EXHIBITIONS INCLUDING WORKS FROM THE MUSEUM'S OWN HOLDINGS, LOANS FROM INDIVIDUALS AND OTHER INSTITUTIONS, AND COLLABORATIONS WITH OTHER VENUES. HIGHLIGHTS...
DEVELOPMENT AND PRESENTATION OF SPECIAL EXHIBITIONS INCLUDING WORKS FROM THE MUSEUM'S OWN HOLDINGS, LOANS FROM INDIVIDUALS AND OTHER INSTITUTIONS, AND COLLABORATIONS WITH OTHER VENUES. HIGHLIGHTS FROM FY25 INCLUDE WHERE WE MEET, A LOOK AT THE OVERLAPPING INSTITUTIONAL HISTORIES BETWEEN THE HOWARD UNIVERSITY GALLERY OF ART AND THE PHILLIPS COLLECTION, REVEALING AN EARLY AND EVOLVING RELATIONSHIP DEVELOPED THROUGH A COMMON INTEREST IN COLLECTING, STEWARDSHIP, AND PROVIDING ACCESS TO ART; UP CLOSE WITH PAUL CEZANNE, AN UNVEILING OF TWO RECENTLY CONSERVED WORKS BY PAUL CEZANNE, MONT SAINTE-VICTOIRE (1886-87) AND SELF-PORTRAIT (1878-80), VIEWED IN THE CONTEXT OF FIVE OTHER WORKS BY CEZANNE; MULTIPLICITY: BLACKNESS IN CONTEMPORARY AMERICAN COLLAGE, WHICH CELEBRATED THE BROAD VARIETY AND COMPLEXITY OF BLACK IDENTITY THROUGH EXPERIMENTAL TECHNIQUES, OFFERING POIGNANT EXPRESSIONS OF HUMAN EXPERIENCE, INCLUDING FRAGMENTATION AND RECONSTRUCTION, SHARED HISTORY AND MEMORY, CULTURAL HYBRIDITY, GENDER FLUIDITY, AND NOTIONS OF BEAUTY; WILLIAM GROPPER: ARTIST OF THE PEOPLE, A PRESENTATION FEATURING MORE THAN 30 WORKS THAT REVEAL THE ARTIST'S BITING COMMENTARY ON HUMAN RIGHTS, ANARCHY, LABOR, FREEDOM, AND DEMOCRACY; BREAKING IT DOWN: CONVERSATIONS FROM THE VAULT, AN EXPLORATION OF MUSEUM FOUNDER DUNCAN PHILLIPS'S CONCEPT OF "UNITS," GROUPS OF WORKS OF ART THAT REPRESENT KEY ASPECTS OF AN ARTIST'S VISION OR SPIRIT, THROUGH SEVERAL ARTISTS WHO ARE CORNERSTONES OF THE COLLECTION AS WELL AS A GROWING COLLECTION OF WORKS BY TRAILBLAZERS OF OUR TIME; TIMELESS MUCHA: THE MAGIC OF LINE, A SURVEY OF CZECH PAINTER AND DECORATIVE ARTIST ALPHONSE MUCHA, EXPLORING HIS ARTISTIC EVOLUTION, REVOLUTIONARY CONTRIBUTIONS TO GRAPHIC DESIGN, AND THE ENDURING INFLUENCE OF HIS SIGNATURE STYLE ON PSYCHEDELIC ROCK POSTERS, ALBUM COVERS, COMIC BOOKS, AND JAPANESE MANGA; ESSEX HEMPHILL: TAKE CARE OF YOUR BLESSINGS, AN EXPLORATION OF THE INTERDISCIPLINARY RELATIONSHIP BETWEEN PROMINENT WASHINGTON, DC, POET, PERFORMER, EDITOR, AND ACTIVIST ESSEX HEMPHILL'S WRITING - RAW, POLITICALLY CHARGED, AND DEEPLY PERSONAL - AND CONTEMPORARY VISUAL ART BY ARTISTS WHO KNEW OR COLLABORATED WITH HEMPHILL DURING HIS LIFETIME, ALONGSIDE THOSE WHO FOUND INSPIRATION IN HIS ARTISTIC AND POLITICAL VISION DECADES LATER; AND VIVIAN BROWNE: MY KIND OF PROTEST, A SURVEY OF THE MORE THAN FOUR-DECADE CAREER OF ABSTRACT ARTIST VIVIAN BROWNE, FEATURING SEVEN BODIES OF WORK AS WELL AS EPHEMERA THAT HIGHLIGHT BROWNE'S PIONEERING ACTIVISM AND INFLUENTIAL TEACHING CAREER.
MANAGEMENT AND MAINTENANCE OF THE MUSEUM'S PERMANENT COLLECTION OF NEARLY 6,000 WORKS. WHEN THE MUSEUM OPENED TO THE PUBLIC IN 1921 AS THE NATION'S FIRST MUSEUM OF MODERN AND CONTEMPORARY ART, THE...
MANAGEMENT AND MAINTENANCE OF THE MUSEUM'S PERMANENT COLLECTION OF NEARLY 6,000 WORKS. WHEN THE MUSEUM OPENED TO THE PUBLIC IN 1921 AS THE NATION'S FIRST MUSEUM OF MODERN AND CONTEMPORARY ART, THE COLLECTION COMPRISED OVER 200 WORKS ACQUIRED BY DUNCAN PHILLIPS. OUR NEW ACQUISITIONS, ARRIVING THROUGH BOTH GIFT AND PURCHASE, REFLECT THE MUSEUM'S EFFORTS TO CONTINUE PHILLIPS'S LEGACY WITH WORKS THAT DEEPEN OR INTRODUCE NEW GLOBAL VOICES INTO OUR COLLECTION WHILE ENRICHING THE NARRATIVE OF MODERN AND CONTEMPORARY ART. OUR DISPLAYS OF THE PERMANENT COLLECTION HAVE BUILT MEANINGFUL CONNECTIONS WITH COMMUNITIESFROM LOCAL TO INTERNATIONAL. NOTABLE ACQUISITIONS INCLUDE WORKS BY RUSH BAKER IV, MARTIN CREED, HENRI MATISSE, AND GEORGE SEGAL. COMMENSURATE ACTIVITIES INCORPORATED ONGOING CONSERVATION EFFORTS TO (CONTINUED ON SCHEDULE O)PRESERVE AND PROTECT THE GROWING COLLECTION, AND THE CONTINUANCE OF COLLECTION DIGITIZATION FOR PUBLICATIONS AND PRESENTATION ON THE MUSEUM'S WEBSITE, ARTSTOR, GOOGLE ARTS & CULTURE, AND THE MULTI-MUSEUM APP BLOOMBERG CONNECTS. MOREOVER, THE HIGH QUALITY OF WORKS IN THE COLLECTION PRESENTED MANY OPPORTUNITIES FOR COLLABORATION WITH OTHER MUSEUMS BOTH FOR EXHIBITION PARTNERSHIPS AND FOR LENDING WORKS TO ENHANCE PROJECTS AT OTHER VENUES - NOTABLE FY25 BORROWERS INCLUDED BARNES FOUNDATION, PHILADELPHIA, PA; MUSE DE LORANGERIE, PARIS, FRANCE; AND MUSE FABRE, MONTPELLIER, FRANCE. WHILE THE PHILLIPS DID NOT CIRCULATE AN EXHIBITION DRAWN FROM ITS COLLECTION TO OTHER VENUES THIS FISCAL YEAR, THE MUSEUM ORGANIZED BREAKING IT DOWN: CONVERSATIONS FROM THE VAULT. THE EXHIBITION WAS DRAWN ENTIRELY FROM THE PHILLIPS'S COLLECTION AND OFFERED A FRESH EXPLORATION OF SEVERAL ARTISTS WHO ARE CORNERSTONES OF THE COLLECTION, INCLUDING GEORGES BRAQUE, RICHARD DIEBENKORN, ARTHUR DOVE, SAM GILLIAM, PAUL KLEE, AND GEORGIA O'KEEFFE, ALONGSIDE A GROWING COLLECTION OF WORKS BY TRAILBLAZERS OF OUR TIME, INCLUDING SEAN SCULLY, SYLVIA SNOWDEN, RENE STOUT, JOYCE WELLMAN, AND MORE.
THE PHILLIPS COLLECTION ENGAGED WITH AUDIENCES THROUGH ONSITE PROGRAMS INCLUDING MEMBER ART TOURS, EXHIBITION OPENINGS, AND OTHERS. THROUGH THOUGHTFULLY CURATED PERFORMANCES, PHILLIPS MUSIC, THE...
THE PHILLIPS COLLECTION ENGAGED WITH AUDIENCES THROUGH ONSITE PROGRAMS INCLUDING MEMBER ART TOURS, EXHIBITION OPENINGS, AND OTHERS. THROUGH THOUGHTFULLY CURATED PERFORMANCES, PHILLIPS MUSIC, THE MUSEUM'S CONCERT SERIES, CONTINUES TO PRESENT AN OUTSTANDING PROGRAM OF CONCERTS, SHOWCASING A CULTURALLY DIVERSE RANGE OF ARTISTS AND MUSICAL STYLES. THE SEASON HIGHLIGHTED BOTH EMERGING AND ESTABLISHED MUSICIANS, FEATURING COMPOSITIONS CELEBRATING ARTISTIC EXCELLENCE WHILE FOSTERING CONNECTIONS BETWEEN MUSIC AND VISUAL ART. WE WERE ABLE TO OFFER A FULL GUEST EXPERIENCE WITH AMENITIES INCLUDING OUR CAF WHICH IS OPERATED BY A BELOVED LOCAL BAKERY, AND A GIFT SHOP WHICH CONTINUES TO BE ONE OF THE BEST MUSEUM SHOPS IN THE WORLD. WE CONNECTED WITH BOTH CURRENT AND POTENTIAL MEMBERS AND VISITORS THROUGH (CONTINUED ON SCHEDULE O)OUR WEBSITE, SOCIAL MEDIA, E-NEWSLETTERS, LOCAL AND REGIONAL MARKETING AND ADVERTISING, AND OUR PARTICIPATION IN THE BLOOMBERG CONNECTS APP. OUR DYNAMIC AND POPULAR 1ST THURSDAY PROGRAM, PHILLIPS AFTER FIVE, AND OUR 3RD THURSDAY FREE EVENINGS APPEAL TO A WIDE DEMOGRAPHIC. WE CONTINUE TO OFFER OUR MUSEUM AS A UNIQUE AND CAPTIVATING LOCATION FOR EXTERNAL EVENTS THROUGHOUT THE YEAR.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $26,569,664 | $13,695,996 | +0.9% |
| Expenses | $17,368,949 | $17,349,802 | +0.0% |
| Net Income | $9,200,715 | $-3,653,806 | -3.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JULIE GARCIA | CHAIR | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT DRUMHELLER | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| AKIO TAGAWA | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JANE LOLE | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFF WHITAKER | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| PATTY ALPER-COHN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THERESA BALARAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DOUGLAS BENNETT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BEATRIZ BOLTON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BARBARA BERISH BROWN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ZOE CHARLTON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NINA CHUNG DWYER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSH EASTRIGHT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNE EDWARDS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TODD GALAIDA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PAMELA GWALTNEY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BONNIE BURKE HIMMELMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BENNIE F JOHNSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PAMELA KAPLAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RUSSELL KATZ | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL KILLIAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GAIL LIONE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| B THOMAS MANSBACH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SARAH MILLS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JUANITA MOORE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SALA PATTERSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LIZA PHILLIPS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC RICHTER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK ROSMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| REID WALKER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LESLIE WHEELOCK | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN BINSTOCK | VRADENBURG DIRECTOR & CEO | 60.00 |
Officer
|
$375,556 | $64,258 | $439,814 |
| CHERYL NICHOLS | CFO | 45.00 |
Officer
|
$182,109 | $55,563 | $237,672 |
| BRADLEY FREEDMAN | COO (FROM 10/2024) | 45.00 |
Officer
|
$30,091 | $5,839 | $35,930 |
| ELIZABETH RACHEVA | CHIEF ADVANCEMENT OFFICER | 45.00 |
Highest
|
$168,664 | $48,185 | $216,849 |
| YUMA I TOMES | HORNING CHAIR FOR DEAI | 45.00 |
Highest
|
$137,541 | $24,986 | $162,527 |
| ANGELA GILLESPIE | DIR. OF HUMAN RESOURCES | 45.00 |
Highest
|
$133,875 | $64,258 | $198,133 |
| ELSA SMITHGALL | CHIEF CURATOR | 45.00 |
Highest
|
$132,869 | $30,150 | $163,019 |
| RENEE LITTLETON | CHIEF COMMUNICATIONS OFFICER | 45.00 |
Highest
|
$126,449 | $15,064 | $141,513 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $26,569,664 | $17,368,949 | $131,831,964 | $9,200,715 |
| 2024 | $13,695,996 | $17,349,802 | $128,931,106 | $-3,653,806 |
| 2023 | $21,268,355 | $16,615,354 | $127,766,198 | $4,653,001 |
| 2022 | $15,615,081 | $16,089,293 | $125,952,725 | $-474,212 |
| 2021 | $17,753,788 | $13,060,797 | $133,843,436 | $4,692,991 |
| 2020 | $10,501,207 | $13,934,451 | $115,569,748 | $-3,433,244 |
| 2019 | $21,813,601 | $14,555,535 | $116,986,965 | $7,258,066 |
| 2018 | $13,932,391 | $13,801,859 | $112,230,667 | $130,532 |
Compare THE PHILLIPS COLLECTION with other nonprofits in District of Columbia and across the country.