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New York · Nonprofit

The Pierpont Morgan Library

The Pierpont Morgan Library (New York) receives grants from 231 organizations whose IRS filings report $71,378,615 to it, the largest being T KIMBALL BROOKER FOUNDATION ($27,332,358). 135 of them have funded it in more than one year.

Revenue FY2025
$55M
Funders on record
231
Grants received
$71M
Net assets
$426M
135/231 repeat funderspeak grant-dependency 70%
01What it does

What The Pierpont Morgan Library does

Mission

The Morgan Library & Museum celebrates and shares the history and process of human creativity from antiquity to the present day through the preservation, study, and interpretation of a dynamic and growing collection.

As stated on its FY2025 Form 990.

Programs

  1. Curatorial: The Morgan Library & Museum ("the Morgan") occupies a midtown Manhattan campus comprised of three landmarked buildings that are joined by pavilions constructed of steel-and-glass panels designed by renowned architect Renzo Piano. The Morgan houses one of the world's greatest collections of artistic, literary, musical, and historical works. Included in its holdings are original scores of Mozart and Beethoven, drawings by Rembrandt and Rubens, medieval and Renaissance works, three Gutenberg Bibles, literary manuscripts by Dickens and Twain, and five-thousand-year-old carvings from the countries of ancient Western Asia. The Morgan recorded 308,582 visitors over the fiscal year, primarily for a wide variety of changing exhibitions encompassing (continued on Schedule O)works from the Morgan's permanent collection and from other museums and libraries in the U.S. and abroad. Exhibitions during fiscal year 2025 included "Beatrix Potter: Drawn to Nature;" "Walton Ford: Animal Studies and Sketches;" "Belle da Costa Greene: A Librarian's Legacy; and "Franz Kafka." The Morgan's curators plan the exhibitions, oversee the permanent collection, prepare exhibition and…

    $21,321,690 spentof which $108,048 as grants$4,706,479 earned by the program
    64% of program spending
  2. Library and Museum Services: The Morgan Library & Museum is one of nineteen independent research libraries in the United States and, as such, makes its collections available to qualified researchers for study on-site in the Sherman Fairchild Reading Room and the Drawing Study Center. An online catalog of the collections is accessible at www.themorgan.org and assists researchers both on-and off-site. Active digitization and publication programs help to extend the reach of the Morgan's scholarly services and support study of the collections.The Morgan has had professional paper and book conservation facilities since the 1950s, when they were among the first such labs in the United States. The Morgan's conservation facilities (continued on Schedule O) were dramatically enhanced with the 2002 completion of the Thaw Conservation Center. The Morgan's conservators oversee the preservation of the collections and also undertake surveys and treatment projects of discrete collection areas. The collections consist almost entirely of works on paper and related porous supports (vellum, parchment, papyri), and the conservators have developed special expertise in the conservation, restoration,…

    $5,090,493 spent$289,702 earned by the program
    15% of program spending
  3. Public Programs: During fiscal year 2025, the Morgan offered a variety of programs to both onsite and online visitors. This included 44 programs for adults onsite, attracting 5,571 attendees to a diverse array of lectures, concerts, performances, symposia, conversations, workshops, festivals, films, and tours. Additionally, 505 daily highlights and special exhibition tours drew a total of 11,814 people. Online programs continued with 26 programs, attracting 2,547 attendees worldwide to short courses, lectures, and discussions. The Morgan's school programs offered both in-person and virtual activities, engaging 7,855 participants in K-12 student and teacher programs; 3,503 participants in family and 37 teen programs; and 322 college students, spanning diverse communities.

    $4,510,900 spent$173,730 earned by the program
    14% of program spending
  4. Museum Publications and Retail: The Morgan maintains an active publications program, producing catalogues related to its exhibitions and items in its permanent collections. These catalogues are made available to the public, along with other exhibition and collection-related merchandise, through the Morgan's on-site retail shop and through the Morgan's website.

    $2,445,172 spent$1,044,828 earned by the program
    7% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $33,368,255.

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 ($26M) Expenses 100 ($26M) Net assets 100 ($329M)2018 Revenue 164 ($43M) Expenses 101 ($26M) Net assets 106 ($349M)2019 Revenue 136 ($36M) Expenses 107 ($28M) Net assets 107 ($351M)2020 Revenue 116 ($31M) Expenses 109 ($28M) Net assets 99 ($327M)2021 Revenue 98 ($26M) Expenses 88 ($23M) Net assets 121 ($397M)2022 Revenue 224 ($59M) Expenses 101 ($26M) Net assets 120 ($396M)2023 Revenue 90 ($24M) Expenses 121 ($31M) Net assets 112 ($367M)2024 Revenue 222 ($59M) Expenses 133 ($34M) Net assets 126 ($416M)2025 Revenue 209 ($55M) Expenses 165 ($43M) Net assets 129 ($426M)
'17'18'19'20'21'22'23'24'25
Revenue (209)Expenses (165)Net assets (129)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 $346M to $418M (+21%).

$348M
$368M
$370M
$346M
$418M
$416M
$386M
$436M
$446M
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 0% · 2019 1% · 2020 1% · 2021 10% · 2022 4% · 2023 10% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

53% of The Pierpont Morgan Library’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$481k
’17
$17M
’18
$8.2M
’19
$2.6M
’20
$3.0M
’21
$33M
’22
−$7.7M
’23
$24M
’24
$12M
’25
5.9
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.

'17'18'19'20'21'22'23'24'25
Listed323131313133333429
Joined·+4+1+4+2+3+1+4+1
No longer listed·51421136
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 54 funders to 95 funders, grant income rose $2.6M → $17M.

19 of 231 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% 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 The Pierpont Morgan Library’s funders (the co-funder graph). Top 30 of 231 funders by total. 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

The Pierpont Morgan Library leans on a few funders — its largest provides 38% of grant income and the top three 58%; half comes from just 2 funders.

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

38%
largest funder
58%
top three
~6
effective funders

Largest funder’s share by year: 2017 23% · 2018 32% · 2019 46% · 2020 18% · 2021 19% · 2022 16% · 2023 60% — growing more concentrated.

“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

46% of The Pierpont Morgan Library'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

The Pierpont Morgan Library draws 69% of its grant income from funders outside New York, across 25 states in all.

ME
MN
IL
NY
MA
WY
IN
OH
PA
NJ
CT
CA
CO
MO
VA
MD
DE
AZ
NM
NC
DC
LA
GA
TX
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. $7.0M arriving through sponsors registered in 11 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

The Pierpont Morgan Library runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.

Operating margin23% · top quartile
Months of reserve5.9mo · above the median
Revenue growth (annualized)10% · above the median

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Government funding The Pierpont Morgan Library receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $275k on record.

Federal$275k
grants $275kcontracts $0
17
18
21
24
Top agencies
  • National Endowment for the Humanities$200k
  • National Endowment for the Arts$75k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like The Pierpont Morgan Library

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

78% of spending goes to programs.

Program 78%Management 14%Fundraising 8%

Governance

22
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

44%

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

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for The Pierpont Morgan Library: 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 The Pierpont Morgan Library?
The Pierpont Morgan Library (New York) receives grants from 231 organizations whose IRS filings report $71,378,615 to it, the largest being T KIMBALL BROOKER FOUNDATION ($27,332,358). 135 of them have funded it in more than one year.
How many funders does The Pierpont Morgan Library have?
IRS filings report 231 organizations giving $71,378,615 in grants to The Pierpont Morgan Library, 135 of which have funded it in more than one year.
Who is the largest funder of The Pierpont Morgan Library?
T KIMBALL BROOKER FOUNDATION is the largest funder on record, with $27,332,358 in grants. The full list of funders is on this page.
How can an organization like The Pierpont Morgan Library 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 Pierpont Morgan Library →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 231 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