The Frick Collection

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131624012 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The Frick Collection?

The Frick Collection is a renowned nonprofit museum and library located at 1 East 70th Street in New York City, New York (ZIPCd 10021). This venerable institution houses over 1,100 works of art as part of its extensive permanent collection, while preserving the historic interiors of its Gilded Age mansion. The collection is accessible to the public through exhibitions, research, publications, and a variety of educational programs. Although the museum was closed to the public due to the Covid-19 crisis and underwent a move to a temporary location at 945 Madison Avenue, it continues to inspire and attract approximately 103,000 visitors annually. The Frick Collection's mission is to provide cultural enrichment and advance the study of fine arts and related fields. With a workforce of 285 employees, the organization achieves this mission by showcasing its internationally recognized collection and offering resources for public inspiration and education.


Official website here: www.frick.org

Is The Frick Collection legitimate?

The Frick Collection is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Frick Collection submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,692,415
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,069,297

For more financial information, click here


Official website here: www.frick.org

What is the mission statement of The Frick Collection?

The Frick Collection is dedicated to operating an internationally renowned art museum and library program. This initiative aims to provide public inspiration and enjoyment, while also advancing the study of fine arts and related subjects. The institution preserves over a thousand works of art as part of its permanent collection and safeguards the historic interiors that house them. Through exhibitions, research, publications, and various education programs, the Frick Collection makes its collection accessible to the public. Despite the Covid-19 health crisis, the organization remained committed to serving visitors, moving to a temporary location during a building renovation. In the 2021 tax year, over 103,000 visitors attended the museum.


Official website here: www.frick.org

Who is the CEO of The Frick Collection?

Ian Wardropper is the Director & Ceo of The Frick Collection. The CEO's salary of The Frick Collection is $837,461 and their total compensation is $883,242.


Official website here: www.frick.org

What is the revenue of The Frick Collection?

The Frick Collection's revenue in 2022 was $67,471,378.


Official website here: www.frick.org

Who are the executives of The Frick Collection and what are their salaries?

The average compensation at The Frick Collection during 2022 was $51,795. There are 285 employees and 18 volunteers at The Frick Collection.

Here are 36 key members and their salaries (The Frick Collection's CEO's salary is $837,461 and their total compensation is $883,242):

    Ian Wardropper (Director & Ceo)
  • Compensation: $837,461
  • Related: $0
  • Other: $45,781

    • Katharine Chapman (Deputy Director External Affairs)
  • Compensation: $314,598
  • Related: $0
  • Other: $55,245

    • Michael Paccione (Cfo & Asst Trea)
  • Compensation: $298,922
  • Related: $0
  • Other: $35,228

    • Xavier Salomon (Peter Jay Sharp Chief Curator)
  • Compensation: $290,329
  • Related: $0
  • Other: $43,124

    • Alison Lonshein (Gc & Asst. Sec)
  • Compensation: $289,620
  • Related: $0
  • Other: $42,484

    • Joseph Shatoff (Deputy Director & Coo)
  • Compensation: $275,600
  • Related: $0
  • Other: $54,117

    • Dennis Sweeney (Head Of Operations)
  • Compensation: $191,614
  • Related: $0
  • Other: $44,999

    • Stephen Bury (A.W. Mellon Chief Librarian)
  • Compensation: $201,612
  • Related: $0
  • Other: $32,997

    • Dana Winfield (Chief Hr Officer)
  • Compensation: $184,273
  • Related: $0
  • Other: $41,158

    • Carolyn Straub (Ass. Dir. Cap Proj)
  • Compensation: $183,093
  • Related: $0
  • Other: $41,172

    • Angie Calderwood (Asst Dir Of Devlop)
  • Compensation: $169,181
  • Related: $0
  • Other: $23,698

    • Megan Flynn Zinger (Controller)
  • Compensation: $157,521
  • Related: $0
  • Other: $19,591

    • Luisa Herrara (Sen.Man.Spec. Proj)
  • Compensation: $156,400
  • Related: $0
  • Other: $18,768

    • Stephen A Schwarzman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Royce (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margot Bogert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter P Blanchard Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juan Sabater (Trustee & Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James S Reibel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily T Frick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Fife Symington Iv (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth M Eveillard (Trustee & Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Bradford Evans (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sidney R Knafel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara G Fleischman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bernard Selz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ayesha Bulchandani (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Horvitz (Trustee&V.Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christian Keesee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victoria Lea Smith (Trustee& Secrty)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tai- Heng Cheng (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Feldstein (Trustee & Secr)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharese Bullock- Bailey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virginia Barbato (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Moss (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Tobey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.frick.org

    Where can I find the form 990 for The Frick Collection?

    The The Frick Collection’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.frick.org

    Learn more at the official website: www.frick.org

    Mission Statement of The Frick Collection

    The Frick Collection is a renowned art museum and library institution dedicated to inspiring and entertaining the public while advancing the study of fine arts and related subjects. Housed in a historic Gilded Age mansion, the Collection preserves and maintains over 1,100 works of art as part of its permanent collection. By making the collection accessible to the public through exhibitions, research, and publications, as well as offering various education programs, The Frick Collection contributes significantly to the cultural landscape.

    Despite the challenges posed by the Covid-19 health crisis, the Collection continued to serve its mission. Although the museum was closed to the public from March 2020 to March 2021 and temporarily relocated to 945 Madison Avenue, it remained committed to its mission. During the 2021 tax year, The Frick Collection welcomed approximately 103,000 visitors, demonstrating its enduring appeal and relevance to the public. By continuing to engage with the community and offer its collections and programs, The Frick Collection solidified its reputation as an internationally recognized art museum and library program.

    Impact

    This information is meant to be a general summary of The Frick Collection. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Frick Collection has a significant impact on the art world and the public. Through its internationally recognized art museum and library program, the Collection serves as a source of inspiration and enjoyment for visitors. It houses over 1,100 works of art, maintaining and conserving them for future generations to appreciate.

    By providing access to its permanent art collection through exhibitions, research, publications, and educational programs, The Frick Collection contributes to the advancement of the study of fine arts and related subjects. The museum's historic interiors, set in a Gilded Age mansion, offer a unique and enriching experience for all who visit.

    Despite challenges such as the Covid-19 health crisis, The Frick Collection has adapted to continue fulfilling its mission of engaging and educating the public. With an average attendance of approximately 103,000 visitors in the 2021 tax year, the Collection has a tangible impact on a wide audience, fostering a deeper appreciation for art and cultural heritage.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $27,608,850
  • Program Service Revenue: $1,821,200
  • Gross Receipts: $127,722,447

    • Assets and Liabilities:
  • Total Assets: $539,477,374
  • Total Liabilities: $24,734,620
  • Net Assets: $514,742,754
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Admissions

    Revenue

    $1,206,490

    Educational Programs

    Revenue

    $55,433

    Membership Dues

    Revenue

    $559,277

    Organization Details

    Founding Year

    1920

    Principal Officer

    Ian Wardropper

    Main Address

    1 East 70th Street, New York, NY, 10021

    NTEE Category

    Code: A51 - Arts

    If you are a representative of The Frick Collection and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.