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New York · Nonprofit

FRIENDS OF THE NEW YORK TRANSIT MUSEUM

FRIENDS OF THE NEW YORK TRANSIT MUSEUM (New York) receives grants from 19 organizations whose IRS filings report $473,380 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($217,401). 11 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$4.1M
Funders on record
19
Grants received
$473k
Net assets
$15M
11/19 repeat funderspeak grant-dependency 3%
01What it does

What Friends of the New York Transit Museum does

Mission

Support the new york transit museum's collections and exhibitions and preserve the history, sociology and technology of public transit in the new york metropolitan area. In addition, support the museum's archival, curatorial, educational, and restoration projects.

As stated on its FY2024 Form 990.

Program

  1. The Friends of the New York Transit Museum's main programs to support the museum included:1. Nostalgia rides offers opportunities to ride our beloved vintage fleet of trains to destinations all over the city. Holiday theme train exhibit in the museum.2. Holiday-themed train exhibit allows everyone of all ages to explore our festive holiday-themed train exhibit at the museum, celebrating the rich heritage of transportation in a seasonal setting.3. Our educational tours invite school groups to explore the museum's interactive exhibits, where they can learn how transportation has shaped new york city from its early days to the present.

    $1,474,709 spent$790,491 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $1,474,709.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($2.6M) Expenses 100 ($2.0M) Net assets 100 ($11M)2018 Revenue 105 ($2.7M) Expenses 116 ($2.3M) Net assets 95 ($10M)2019 Revenue 108 ($2.8M) Expenses 134 ($2.6M) Net assets 112 ($12M)2020 Revenue 81 ($2.1M) Expenses 119 ($2.3M) Net assets 114 ($12M)2021 Revenue 111 ($2.8M) Expenses 74 ($1.4M) Net assets 130 ($14M)2022 Revenue 115 ($2.9M) Expenses 88 ($1.7M) Net assets 122 ($13M)2023 Revenue 97 ($2.5M) Expenses 124 ($2.4M) Net assets 127 ($14M)2024 Revenue 159 ($4.1M) Expenses 167 ($3.3M) Net assets 137 ($15M)
'17'18'19'20'21'22'23'24
Revenue (159)Expenses (167)Net assets (137)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $13M to $15M (+14%).

$11M
$11M
$12M
$13M
$15M
$14M
$15M
$15M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 7% · 2018 9% · 2019 9% · 2020 11% · 2021 27% · 2022 38% · 2023 3% · 2024 11%. Grants only. Government contracts and fees sit inside program revenue.

50% of FRIENDS OF THE NEW YORK TRANSIT MUSEUM’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,395 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$594k
’17
$402k
’18
$129k
’19
−$282k
’20
$1.4M
’21
$1.2M
’22
$50k
’23
$789k
’24
5.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Susan Gilbert

Chairperson

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1717171313131616
Joined·+2+2+0+0+0+4+1
No longer listed·2240011
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 6 funders, grant income rose $7k → $83k.

4 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 55% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FRIENDS OF THE NEW YORK TRANSIT MUSEUM’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FRIENDS OF THE NEW YORK TRANSIT MUSEUM leans on a few funders — its largest provides 46% of grant income and the top three 78%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

62% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FRIENDS OF THE NEW YORK TRANSIT MUSEUM.

46%
largest funder
78%
top three
~3
effective funders

Largest funder’s share by year: 2017 89% · 2018 92% · 2019 50% · 2020 42% · 2021 44% · 2022 57% · 2023 54% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

33% of FRIENDS OF THE NEW YORK TRANSIT MUSEUM's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

55% of FRIENDS OF THE NEW YORK TRANSIT MUSEUM's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $214k that is directly attributable, 68% of it comes from New York funders.

NY
NJ
NE
DC
OK
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $259k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FRIENDS OF THE NEW YORK TRANSIT MUSEUM runs a healthier operating margin than half of the 5,136 arts & culture nonprofits its size.

Operating margin19% · above the median
Months of reserve5.2mo · above the median
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 5,136 arts & culture nonprofits $1M–$10M, FY2024

Organizations like FRIENDS OF THE NEW YORK TRANSIT MUSEUM

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

57% of spending goes to programs.

Program 57%Management 27%Fundraising 16%

Governance

12
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

79%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS OF THE NEW YORK TRANSIT MUSEUM: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FRIENDS OF THE NEW YORK TRANSIT MUSEUM?
FRIENDS OF THE NEW YORK TRANSIT MUSEUM (New York) receives grants from 19 organizations whose IRS filings report $473,380 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($217,401). 11 of them have funded it in more than one year, and 55% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FRIENDS OF THE NEW YORK TRANSIT MUSEUM have?
IRS filings report 19 organizations giving $473,380 in grants to FRIENDS OF THE NEW YORK TRANSIT MUSEUM, 11 of which have funded it in more than one year.
Who is the largest funder of FRIENDS OF THE NEW YORK TRANSIT MUSEUM?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $217,401 in grants. The full list of funders is on this page.
How can an organization like FRIENDS OF THE NEW YORK TRANSIT MUSEUM find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Friends of the New York Transit Museum →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 19 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing