Frick Collection
501(c)(3) Donations tax-deductible
Only 56% goes to programs $13 to raise $100 Strong reserves Growing revenue
Frick Collection is a 501(c)(3) organization based in New York, New York, registered in 1939, with $110,419,519 in FY2023 revenue. CharityIndex grades it B, and it directs about 56% of spending to programs.
1 E 70th St, New York, NY, 10021 EIN 13-1624012 Since 1939
Revenue (FY2023)
$110.4M
▲ 134.9% vs prior year
Expenses (FY2023)
$30.8M
Net assets
$567.7M
Employees
278
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
CProgram efficiency40% of the rating56% to programs · $13 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Frick Collection: 56% to programs · $13 to raise $100 earns a C on this criterion. See the exact thresholds →
B+Financial health25% of the rating221 mo reserves · +72% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Frick Collection: 221 mo reserves · +72% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Frick Collection: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Frick Collection: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The frick collection (the "collection") operates an internationally recognized art museum and library program for the inspiration and enjoyment of the public and for the advancement of the study of fine arts and kindred subjects.
What they do
Library program: the mission of the frick art research library is to provide public access to materials and programs focused on the study of fine and decorative arts created in the european tradition from the fourth through the twentieth centuries, as well as art from around the world that has been influenced by or had an influence on this tradition. the library serves an international research community and supports scholarly and programmatic initiatives throughout the frick collection. the library provided on-site and remote services for all of the 2023 tax year, by welcoming 907 visitors, answering 591 research questions in person, answering 1,446 research questions by email, and filing 1,231 interlibrary loan and 2,727 document delivery requests. see schedule o for additional information.
Contact & location
Financial trends
Revenue grew from $41.0M (FY2013) to $110.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $127.9MNet assets $567.7M
Operating margin
72.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$695.6M
Total liabilities
$127.9M
Net assets
$567.7M
Salaries & benefits
$23.3M
76% of expenses
Board members
22
22 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $110,419,519▲135% | $30,783,092▲5.3% | $567,700,179▲5.4% | $695,604,881▲3.9% | 990 |
| 2022 | $47,000,287▼30.3% | $29,233,056▲19.7% | $538,478,857▲4.6% | $669,514,480▲24.1% | 990 |
| 2021 | $67,471,378▲77.6% | $24,415,722▲4.1% | $514,742,754▲0.6% | $539,477,374▼1.6% | 990 |
| 2020 | $37,986,909▼47.5% | $23,449,391▼46.0% | $511,793,406▲22.0% | $548,300,043▲18.9% | 990 |
| 2019 | $72,415,948▲32.1% | $43,385,006▲3.6% | $419,448,790▲4.5% | $460,985,969▲7.0% | 990 |
| 2018 | $54,830,247▲50.6% | $41,872,313▲27.4% | $401,557,647▲0.7% | $430,938,400▲2.6% | 990 |
| 2017 | $36,396,937▼45.9% | $32,873,146▲32.2% | $398,888,978▲2.6% | $420,173,350▲4.4% | 990 |
| 2016 | $67,325,701▲132% | $24,857,987▼42.3% | $388,603,941▲22.9% | $402,527,260▲19.5% | 990 |
| 2015 | $29,058,130▼23.0% | $43,067,059▲35.9% | $316,239,452▼8.3% | $336,850,503▼5.5% | 990 |
| 2014 | $37,736,213▼7.9% | $31,696,234▲17.6% | $344,804,895▼0.9% | $356,452,467▼0.5% | 990 |
| 2013 | $40,994,469 | $26,949,397▲14.7% | $348,033,832▲18.4% | $358,402,087▲18.3% | 990 |
| 2012 | — | $23,496,581▼14.2% | $293,885,310▲13.0% | $302,915,816▲11.9% | 990 |
| 2011 | — | $27,395,694▲33.5% | $260,142,805▼6.8% | $270,629,014▼6.4% | 990 |
| 2010 | — | $20,514,984▼18.2% | $279,143,182▲19.9% | $289,175,831▲19.5% | 990 |
| 2009 | — | $25,089,770 | $232,755,249 | $241,970,775 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Ian Wardropper — $971,757 (3.16% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ian Wardropper | Kellen Dir& Ceo | 35 | $971,757 |
| Katharine Chapman | Deputy Director External Affairs | 35 | $349,733 |
| Michael Paccione | Cfo & Asst Trea | 35 | $324,043 |
| Xavier Salomon | Peter Jay Sharp Chief Curator | 35 | $307,702 |
| Joseph Shatoff | Deputy Director & Coo | 35 | $307,261 |
| Alexis Sandler | Gc & Asst Secr | 35 | $305,518 |
| Carolyn Straub | Ass. Dir. Cap Proj | 35 | $223,771 |
| Dana Winfield | Chief Hr Officer | 35 | $212,741 |
| Stephen Bury | A.w. Mellon Chief Librarian | 35 | $212,729 |
| Dennis Sweeney Thru 324 | Head of Operations | 35 | $201,403 |
| Angie Calderwood | Asst Dir of Devlop | 35 | $193,875 |
| Luisa Herrera | Sen.man.spec. Proj | 35 | $169,274 |
| Heidi Rosenau | Ass.dir. of Commun | 35 | $167,876 |
| Ayesha Bulchandani | Trustee | 1 | — |
| Bernard Selz | Trustee | 1 | — |
| Charles Royce | Trustee | 1 | — |
| Christian Keesee | Trustee | 1 | — |
| David Tobey | Trustee | 1 | — |
| Elizabeth Eveillard | Trustee & Chair | 5 | — |
| Emily Frick Thru 624 | Trustee | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Sciame Construction LLC | Construction Management | $61,976,696 |
| Beyer Blinder Belle | Architect | $1,957,104 |
| Derive Technologies LLC | Information Technology | $1,234,276 |
| Cambridge Associates LLC | Investment Management | $918,279 |
| Selldorf Architects | Architect | $893,788 |
Grants received · $9.0M total
89 grants to Frick Collection totaling $9.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $535,000 |
| The Bessemer Giving Fund | General support | 2024 | $123,500 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $16,090 |
| The Community Foundation Inc | Community vibrancy | 2024 | $15,000 |
| Ayco Charitable Foundation | Arts and culture | 2024 | $14,100 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $6,497 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $514,175 |
| National Philanthropic Tr | Culture & arts | 2023 | $248,650 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $242,623 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $191,874 |
| The Bessemer Giving Fund | General support | 2023 | $103,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2023 | $100,200 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2023 | $88,030 |
Frequently asked questions
- Is Frick Collection a legitimate nonprofit?
- Yes. Frick Collection is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-1624012, based in New York, New York. Donations are tax-deductible.
- What is Frick Collection's EIN?
- Frick Collection's Employer Identification Number (EIN) is 13-1624012.
- How much revenue does Frick Collection report?
- Frick Collection reported $110,419,519 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Frick Collection's spending goes to programs?
- Frick Collection spends about 56% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Frick Collection have?
- CharityIndex grades Frick Collection B, based on program efficiency and fundraising cost.
- How much does Frick Collection's highest-paid employee make?
- The highest reported compensation on Frick Collection's latest Form 990 is $971,757, paid to Ian Wardropper (Kellen Dir& Ceo).
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Data for Frick Collection (EIN 13-1624012) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.