THE ISAMU NOGUCHI FOUNDATION AND G… - Form 990 Financial Data

🔒

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

2004

Legal Domicile

Principal Officer

S BAILEY S KESSLER

Phone

7182047088

Tax Period

2023-01-01 to 2023-12-31

THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM, founded in 2004, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $11.9M in total revenue in fiscal year 2023. The organization ran a surplus of $1.9M, a strong 16% operating margin.

Mission

THE MISSION OF THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM IS TO ADVANCE THE UNDERSTANDING AND APPRECIATION OF ISAMU NOGUCHI'S ART AND LEGACY.THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM SEEKS TO PROTECT AND PRESERVE ISAMU NOGUCHI'S WORK AND ARCHIVES, AS WELL AS TO SUSTAIN HIS MUSEUM AS A PLACE FOR THE EXPLORATION OF INDIVIDUAL ARTISTIC ENDEAVORS AND CREATIVE COLLABORATION. THE MUSEUM ALSO AIMS TO EXPAND ON NOGUCHI'S LEGACY OF WIDE-RANGING INTERESTS AND INTIMATE ARTISTIC EXPERIENCE THROUGH AN ACTIVE EXHIBITION, EDUCATION, RESEARCH, AND PUBLIC-PROGRAMMING SCHEDULE, WHILE CONTINUING TO BROADEN HIS INFLUENCE AND RELEVANCE, FOCUSING ON HOW HIS WORK WILL INFORM CONTEMPORARY CULTURE FOR GENERATIONS TO COME.

Program Service Accomplishments

Program 1

Expenses: $2,413,393 Revenue: $5,780,555

MERCHANDISINGTHE MUSEUM SELLS FUNCTIONAL EXAMPLES OF LIGHTING AND FURNITURE DESIGNED BY ISAMU NOGUCHI, AS WELL AS OTHER MERCHANDISE THAT IS DIRECTLY RELATED TO THE EXHIBITIONS AND INTERPRETIVE...

MERCHANDISINGTHE MUSEUM SELLS FUNCTIONAL EXAMPLES OF LIGHTING AND FURNITURE DESIGNED BY ISAMU NOGUCHI, AS WELL AS OTHER MERCHANDISE THAT IS DIRECTLY RELATED TO THE EXHIBITIONS AND INTERPRETIVE MATERIALS IN THE GALLERIES TO ALLOW MUSEUM VISITORS TO EXTEND THEIR AESTHETIC AND EDUCATIONAL EXPERIENCE OVER TIME.

Program 2

Expenses: $1,363,729 Revenue: $611,577

EXHIBITIONSIN ADDITION TO THE PERMANENT COLLECTION INSTALLED GALLERIES AND GARDEN AT THE NOGUCHI MUSEUM, EACH YEAR CHANGING EXHIBITIONS ARE PRESENTED THAT OFFER NEW PERSPECTIVES ON NOGUCHI'S ARTISTIC PRODUCTION. IN 2023, CHANGING EXHIBITIONS INCLUDED: THE COLLECTIONS-BASED SHOW "NOGUCHI SUBSCAPES," PLUS "IN PRAISE OF CAVES: ORGANIC ARCHITECTURE PROJECTS FROM MEXICO BY CARLOS LAZO, MATHIAS GOERITZ, JUAN O'GORMAN, AND JAVIER SENOSIAN," "A GLORIOUS BEWILDERMENT: MARIE MENKEN'S 'VISUAL VARIATIONS ON NOGUCHI'," AS WELL AS A STAFF EXHIBITION.

Program 3

Expenses: $1,335,169

COLLECTIONTHE NOGUCHI MUSEUM MANAGES THE WORLD'S LARGEST AND MOST EXTENSIVE COLLECTION OF NOGUCHI'S ART AND IS DEDICATED TO THE PRESERVATION OF THIS BODY OF WORK. THERE ARE APPROXIMATELY 500 OBJECTS IN THE MUSEUM'S PERMANENT COLLECTION WHICH INCLUDE STONE, SCULPTURES, CERAMICS, DANCE SETS, DRAWINGS, FURNITURE, SCULPTURAL MODELS, PORTRAIT HEADS, AND MODELS FOR PUBLIC WORKS. WHILE DESIGNING AND CURATING HIS MUSEUM, NOGUCHI SELECTED SEVERAL OF THESE WORKS TO BE ON PERMANENT DISPLAY IN THE MUSEUM'S GALLERIES. IN ADDITION TO SHOWCASING ITS PERMANENT COLLECTION, THE NOGUCHI MUSEUM ALSO SERVED THE INTERNATIONAL COMMUNITY BY LOANING WORKS TO OTHER INSTITUTIONS. IN 2023, A RETROSPECTIVE SPANNING SIX DECADES AND INCLUDING OVER 150 WORKS TOURED IN EUROPE, AS WELL AS AN EXHIBITION AT THE TAKENAKA CARPENTRY TOOLS MUSEUM, KOBE, JAPAN.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,626,083

Program Service Revenue $611,577

Investment Income $3,237,138

Other Revenue $6,445,747

TOTAL REVENUE $11,920,545

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,064,116

Fundraising Expenses $740,644

Program Expenses $7,640,013

Other Expenses $4,935,756

TOTAL EXPENSES $9,999,872

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,920,545	$12,299,078	0.0%
Expenses	$9,999,872	$8,865,577	+0.1%
Net Income	$1,920,673	$3,433,501	-0.4%

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

Volunteers

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

$500,143

Total Directors

Key Employees

$339,445

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SPENCER BAILEY	CO-CHAIR	2.00	Officer Director	$0	$0	$0
SUSAN KESSLER	CO-CHAIR	2.00	Officer Director	$0	$0	$0
CHRISTIANE FISCHER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MARY PING	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ANUJ PURI	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MALCOLM C NOLEN	TREASURER	2.00	Officer Director	$0	$0	$0
ANTHONY WILLIAMS	SECRETARY	2.00	Officer Director	$0	$0	$0
MAXIMILIAN CORETH	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW H FISHER	TRUSTEE	1.00	Director	$0	$0	$0
ROB FORBES	TRUSTEE	1.00	Director	$0	$0	$0
DAVID HOLBROOK	TRUSTEE	1.00	Director	$0	$0	$0
PETER C JACHYM	TRUSTEE	1.00	Director	$0	$0	$0
LUCY LAMPHERE	TRUSTEE	1.00	Director	$0	$0	$0
HIROKO MURASE	TRUSTEE	1.00	Director	$0	$0	$0
CAROL RATTRAY	TRUSTEE	1.00	Director	$0	$0	$0
PHYLLIS LALLY SEEVERS	TRUSTEE	1.00	Director	$0	$0	$0
SARAH WENDELL SHERRILL	TRUSTEE	1.00	Director	$0	$0	$0
MICAH SPEAR	TRUSTEE	1.00	Director	$0	$0	$0
SUNDARAM TAGORE	TRUSTEE	1.00	Director	$0	$0	$0
ED TANG	TRUSTEE	1.00	Director	$0	$0	$0
IAN WARDROPPER	TRUSTEE	1.00	Director	$0	$0	$0
KULAPAT YANTRASAST	TRUSTEE	1.00	Director	$0	$0	$0
BRETT LITTMAN	DIRECTOR	40.00	Officer	$362,803	$37,571	$400,374
ANNA OLUJIMI	CHIEF FINANCIAL OFFICER	40.00	Officer	$78,892	$20,877	$99,769
JENNIFER LORCH	DEPUTY DIRECTOR	40.00	Key Emp	$288,854	$50,591	$339,445
LIZAN HIGHLAND	DIRECTOR OF PEOPLE & CULTURE	40.00	Highest	$139,283	$12,788	$152,071
GEORGE JUERGENS	FACILITIES DIRECTOR	40.00	Highest	$121,217	$40,627	$161,844

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
2024	No data	No data	No data	No data
2023	$11,920,545	$9,999,872	$74,038,587	$1,920,673
2022	$12,299,078	$8,865,577	$69,015,387	$3,433,501
2021	$11,184,586	$7,482,152	$75,386,214	$3,702,434
2020	$9,575,391	$6,382,837	$69,807,291	$3,192,554
2019	$7,970,549	$6,391,975	$65,087,920	$1,578,574
2018	$7,734,860	$5,829,949	$59,148,997	$1,904,911

THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM