Parrish Art Museum Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MUSEUM ENCOURAGES AN APPRECIATION OF MODERN AND CONTEMPORARY ART THROUGH EXHIBITIONS, EDUCATION, AND PUBLIC PROGRAMS FOR DIVERSE AUDIENCES.INSPIRED BY THE NATURAL SETTING AND HISTORICAL ARTISTIC COMMUNITY OF LONG ISLAND'S EAST END, THE PARRISH ART MUSEUM CELEBRATES ITS LEGACY THROUGH A DISTINCTIVE CONTEMPORARY LENS AND SOCIALLY CONSCIOUS GLOBAL CONTEXT. THE PARRISH ILLUMINATES THE CREATIVE PROCESS AND HOW ART, ARCHITECTURE, AND DESIGN TRANSFORM OUR EXPERIENCES AND OUR COMMUNITIES, AND HOW WE RELATE TO THE WORLD. ACCESS TO RELEVANT CULTURAL ENGAGEMENT, ARTISTIC INSPIRATION, A NATURAL ENVIRONMENT, AND ARCHITECTURAL INGENUITY CHARACTERIZES THE MUSEUM EXPERIENCE AS UNIQUE DESTINATION FO THE REGION, THE NATION, AND THE WORLD.
- Income
- $14.7 million
- Spending
- $7.3 million
- Spent on programs
- 76%
- Reserves
- -16.7 months of spending
- Largest source of income
- donations and private grants, 84%
- Employees
- 67
- Volunteers
- 52
- Highest pay
- $347,365, executive director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 65 out of 100. Higher than 36% of charities in its peer group (arts and culture, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
15 of 15Income exceeded spending by 50% of income.
Income trend
15 of 15Income rose 212% on the year before.
Spending floor
15 of 1576% of spending went to programs and raising each dollar of donations cost 8 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 34% of charities in its peer group (arts and culture, $10m to $100m).
Independent board
25 of 2528 of 28 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $5.6 million spent. THE PARRISH ART MUSEUM, INC., IS LOCATED IN WATER MILL, NEW YORK AND ACCREDITED BY THE AMERICAN ALLIANCE OF MUSEUMS. THE MUSEUM WAS FOUNDED IN 1897 BY SAMUEL LONGSTRETH PARRISH AND WAS CHARTERED BY THE UNIVERSITY OF THE STATE OF NEW YORK EDUCATION DEPARTMENT IN 1954. THE MUSEUM OPENED ITS NEW BUILDING DESIGNED BY SWISS ARCHITECTS HERZOG AND DE MEURON TO INTERNATIONAL ACCLAIM IN NOVEMBER 2012 ALLOWING IT TO EXHIBIT ITS PERMANENT ART COLLECTION SIDE-BY-SIDE WITH CHANGING EXHIBITIONS THROUGHOUT 12,000 SQUARE FEET OF GALLERY SPACE. THE PARRISH PRESENTS MULTIPLE TEMPORARY EXHIBITIONS EACH YEAR, INCLUDING NEW INSTALLATIONS DRAWN FROM OUR WORLD-CLASS COLLECTION OF 3,695 WORKS, SPECIAL EXHIBITIONS THAT RECONSIDER THE WORK OF A SINGLE ARTIST, AND GROUP EXHIBITIONS THAT EXPLORE COMPELLING THEMES. THE PARRISH PRODUCES OVER 40 PUBLIC PROGRAMSFILM, MUSIC, AND TALKSAND OFFERS A YEAR-ROUND SCHEDULE OF INSPIRING CLASSES AND WORKSHOPS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1959.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.