EIN 13-5562233

Solomon R. Guggenheim Foundation (SRGF)

IRS 501(c) type
501(c)(3)
Num. employees
613
Year formed
1937
Most recent tax filings
2019-12
NTEE code, primary
Description
Committed to innovation, the Solomon R. Guggenheim Foundation collects, preserves, and interprets modern and contemporary art, and explores ideas across cultures through dynamic curatorial and educational initiatives and collaborations.

Program areas at SRGF

In furtherance of its mission, the Foundation collects and preserves art for the benefit of the public. The curatorial staff studies the art in the Foundation's collection, plans international exhibitions for public viewing, and prepares and publishes scholarly catalogues and educational texts. The Foundation also lends many of the works of art in its collection to other museums on the occasion of exhibitions that are of scholarly merit or that will broaden the public's appreciation of art. (continued on schedule o)
DURING 2019, The FOUNDATION DIRECTLY OPERATED TWO MUSEUMS: THE SOLOMON R. GUGGENHEIM MUSEUM IN NEW YORK AND THE PEGGY GUGGENHEIM COLLECTION IN VENICE. BOTH OF THESE MUSEUMS ARE OPEN TO THE PUBLIC TO FULFILL THE FOUNDATION'S MISSION. THE FOUNDATION CONDUCTS TOURS OF ITS EXHIBITIONS, AND PROVIDES EDUCATIONAL TEXTS FREE OF CHARGE TO ALL MUSEUM VISITORS. DURING 2019, THE GUGGENHEIM MUSEUM WAS OPEN TO THE PUBLIC ONE EVENING OF EACH WEEK ON A PAY-WHAT-YOU-WISH BASIS. IN ADDITION, STUDENTS AND SENIOR CITIZENS ARE OFFERED REDUCED-PRICE TICKETS AND CHILDREN UNDER THE AGE OF 12 ARE ADMITTED FREE OF CHARGE. (2019 COMBINED ATTENDANCE AT THE GUGGENHEIM MUSEUM AND PGC WAS 1,517,038).
Exhibitions presented in 2019 at the Solomon R. Guggenheim museum in new york ("Guggenheim museum") included: hilma af klint: paintings for the future (october 12, 2018 april 23, 2019); rh quaytman: +x (october 12, 2018 april 23, 2019); brancusi ( march 17, 2017 present); thannhauser collection (february 1, 2019 present); implicit tensions: mapplethorpe now (january 25, 2019 january 5, 2020); learning through art (april 26, 2019 january 5, 2020); (continued on schedule o)

Form 990s for SRGF

Fiscal year endingDate received by IRSFormPDF link
2019-122021-03-01990View PDF
2018-122020-01-03990View PDF
2017-122019-02-21990View PDF
2016-122018-01-18990View PDF
2015-122017-03-24990View PDF
...and 6 more Form 990s

Who funds Solomon R. Guggenheim Foundation (SRGF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Andrew W. Mellon FoundationTo Support the Final Phase of the Panza Collection Initiative, A Comprehensive Study of the Stewardship of Conceptual Art$745,000
 Subscribe to view████ █ ██$999,999
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...and 77 more grants received

Financials for SRGF

RevenuesFYE 12/2019
Total grants, contributions, etc.$31,680,309
Program services$31,033,652
Investment income and dividends$1,263,638
Tax-exempt bond proceeds$0
Royalty revenue$1,854,126
Net rental income$16,369
Net gain from sale of non-inventory assets$1,722,626
Net income from fundraising events$-1,221,676
Net income from gaming activities$0
Net income from sales of inventory$5,823,267
Miscellaneous revenues$12,447,764
Total revenues$84,620,075

Personnel at SRGF

NameTitleCompensation
Elizabeth Duggal TaghiSenior Deputy Director and Chief Operating Officer$395,920
Martha WithingtonChief Financial Officer$278,519
Juan Ignacio VidarteDep Director and Co for Global Strategy$198,349
 Subscribe to viewDep Director , Global Com.$275,760
 Subscribe to viewDir , Peggy Guggenheim Coll.$248,997
...and 25 more key personnel

Organizations like SRGF

OrganizationLocationRevenue
Whitney Museum of American ArtNew York, NY$113,143,000
Museum of Modern ArtNew York, NY$262,144,582
The Phillips CollectionWashington, DC$21,813,601
Metropolitan Museum of ArtNew York, NY$414,668,610
Minneapolis Institute of ArtMinneapolis, MN$33,387,796
The Frick CollectionNew York, NY$72,415,948
The National Museum of Women in the ArtsWashington, DC$34,166,861
Philadelphia Museum of ArtPhiladelphia, PA$111,793,644
The Museum of Fine Arts HoustonHouston, TX$169,281,056
Seattle Art MuseumSeattle, WA$41,617,097
Field Museum of Natural HistoryChicago, IL$89,977,530
The Detroit Institute of ArtsDetroit, MI$75,608,512
San Francisco Museum of Modern ArtSan Francisco, CA$60,826,981
American Museum of Natural HistoryNew York, NY$198,055,556
Peabody Essex MuseumSalem, MA$55,752,290
Cleveland Museum of Art (CMA)Cleveland, OH$68,797,597
Museum of ScienceBoston, MA$49,955,104
Denver Art MuseumDenver, CO$50,720,002
Nelson-Atkins Museum of ArtKansas City, MO$35,543,070
Brooklyn MuseumBrooklyn, NY$40,602,578
Baltimore Museum of ArtBaltimore, MD$31,272,929
Museum of Arts and DesignNew York, NY$22,570,509
The Morgan Library & MuseumNew York, NY$30,703,871
Intrepid Sea-Air-Space MuseumNew York, NY$32,020,156
Menil FoundationHouston, TX$37,235,860
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$84,620,075
2019
Yearly growth
9.6%
% of revenues
n/a
Total expenses
$71,125,882
2019
Yearly growth
-4.6%
% of expenses
n/a
Total assets
$211,321,255
2019
Yearly growth
26.6%
% of assets
n/a
Num. employees
613
2019
Yearly growth
-4.5%
% of total
n/a
General information
Address
1071 Fifth Avenue
New York, NY 10128
Metro area
New York-Newark-Jersey City, NY-NJ-PA
Website URL
guggenheim.org/ 
Phone
(212) 360-4224
IRS details
EIN
13-5562233
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1937
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A51: Art Museums
NAICS code, primary
7121: Museums, Historical Sites, and Similar Institutions
Parent/child status
Independent