EIN 13-5562233

Solomon R. Guggenheim Foundation (SRGF)

IRS 501(c) type
501(c)(3)
Num. employees
504
Year formed
1937
Most recent tax filings
2020-12-01
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.
Total revenues
$52,810,956
2020
Total expenses
$61,245,642
2020
Total assets
$236,296,508
2020
Num. employees
504
2020

Program areas at SRGF

As part of its mission, the Foundation collects and preserves art for the benefit of the public in several ways. The curatorial staff studies the art in the Foundation's possession, 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 special exhibitions that are of scholarly merit or that will broaden the public's appreciation of art. The Foundation maintains extensive climate-controlled, highly secure storage facilities for the art in its collection. It also operates a photography studio for the documentation of art and archives to store photographs of art and make them available to the public for publication or study. (continued on schedule o)
During 2020, 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 currently conducts virtual tours of its exhibitions and provides educational texts free of charge. Students and senior citizens are offered reduced-price tickets and children under the age of 12 are admitted free of charge.
Exhibitions presented in 2020 at the Solomon R. Guggenheim museum in new york ("Guggenheim museum") included: Guggenheim collection: brancusi (march 17, 2017 - february 8, 2021); artistic license: six takes on the Guggenheim collection (may 24, 2019 - january 12, 2020); implicit tensions: mapplethorpe now (july 24, 2019 - january 5, 2020); the fullness of color: 1960s painting (december 18, 2019 - march 15, 2021); marking time: process in minimal abstraction (december 18, 2019 - march 15, 2020); countryside, the future (february 20, 2020 - february 15, 2021); knotted, torn, scattered: sculpture after abstract expressionism (october 3, 2020 - august 2, 2021); and away from the easel: jackson pollock's mural (october 3, 2020 - august 30, 2021). (continued on schedule o)

Who funds Solomon R. Guggenheim Foundation (SRGF)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Andrew W. Mellon FoundationTo Endow the Positions of Deputy Director and Chief Conservator and Director of Engagement, Conservation and Collections$1,004,263
Janine and J Tomilson Hill Family TrustCulture & Arts$500,000
Andrew W. Mellon FoundationTo Endow the Positions of Deputy Director and Chief Conservator and Director of Engagement, Conservation and Collections$500,000
...and 60 more grants received totalling $3,883,141

Personnel at SRGF

NameTitleCompensation
Elizabeth Duggal TaghipourSenior Deputy Director and Chief Operating Officer$344,478
Martha WithingtonChief Financial Officer$251,371
Richard ArmstrongTrustee and Director of Museum and FDTN.$857,491
Sarah EatonDirector Media and Public Rel.$183,385
Sarah RosenSenior Director , Human Resources$187,432
...and 29 more key personnel

Financials for SRGF

RevenuesFYE 12/2020
Total grants, contributions, etc.$27,148,535
Program services$21,072,420
Investment income and dividends$1,534,758
Tax-exempt bond proceeds$0
Royalty revenue$194,735
Net rental income$44,644
Net gain from sale of non-inventory assets$898,331
Net income from fundraising events$-373,002
Net income from gaming activities$0
Net income from sales of inventory$806,179
Miscellaneous revenues$1,484,356
Total revenues$52,810,956

Form 990s for SRGF

Fiscal year endingDate received by IRSFormPDF link
2020-122021-11-09990View PDF
2019-122021-03-01990View PDF
2018-122020-01-03990View PDF
2017-122019-02-21990View PDF
2016-122018-01-18990View PDF
...and 7 more Form 990s
Data update history
August 16, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 4, 2022
Updated personnel
Identified 3 new personnel
August 3, 2022
Used new vendors
Identified 4 new vendors, including , , , and
August 3, 2022
Received grants
Identified 13 new grant, including a grant for $185,000 from Mr and MRS Robert C Baker Family Foundation
September 23, 2021
Received grants
Identified 28 new grant, including a grant for $1,004,263 from Andrew W. Mellon Foundation
Nonprofit Types
Arts, culture, and humanities nonprofitsMuseumsHeadquarter / parent organizationsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
MembershipsLobbyingFundraising eventsOperates internationallyNational levelReceives government fundingEndowed supportGala fundraisersTax deductible donations
General information
Address
1071 Fifth Ave
New York, NY 10128
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
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
Free account sign-up

Want updates when SRGF has new information, or want to find more organizations like Solomon R. Guggenheim Foundation (SRGF)?

Create free Cause IQ account