Frick Collection
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Frick Collection (the "Collection") operates an internationally recognized art museum and library program for the inspiration and enjoyment of the public and for the advancement of the study of fine arts and kindred subjects.
- Income
- $52.6 million
- Spending
- $45.4 million
- Spent on programs
- 57%
- Reserves
- 44.8 months of spending
- Largest source of income
- donations and private grants, 49%
- Employees
- 278
- Highest pay
- $1.1 million, dir thru 2/25
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100.
Reserves
35 of 35Spendable reserves would cover 44.8 months of spending.
Debt
20 of 20It owes 15% of what it owns.
Living within its means
15 of 15Income exceeded spending by 14% of income.
Income trend
0 of 15Income fell 52% on the year before.
Spending floor
8 of 1557% of spending went to programs and raising each dollar of donations cost 24 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100.
Independent board
25 of 2523 of 23 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
0 of 10Did not give 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 June 30, 2025, 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 (2)
- $20.2 million spent. Museum Program: The Collection maintains and conserves over 1,800 works of art as part of its permanent art collection and the historic interiors of the Gilded Age mansion that houses them. The permanent art collection is made accessible to the public through exhibitions, research, and publications, as well as an array of education programs. Attendance during the 2024 tax year was approximately 172,000 visitors. See Schedule O for additional information. Museum Program (continued)Education Programs: Education Programs: The Collection organized a total of 60 programs during the 2024 tax year serving approximately 69,815 total individuals. These included online programs held on Zoom and Instagram Live as well as in-person programs held at The Frick Collection and offsite at a public library in Bed-Stuy, Brooklyn. The Collection provided guided visits for students in grades 5 through 12, college and university students, seniors and community organizations, as well as private tour groups. Public programs held online included "Continue the Conversation", "Drawing Together", Making Together, and "Tabletop Atelier" held on Instagram Live. In-person programming consisted of Gallery Talks, lectures, a hybrid graduate student symposium, "Sketch Nights", Studio Series, Studio Hours, and "First Look" talks in special exhibition galleries.
- $5.7 million spent. Library Program: The mission of the Frick Art Research Library is to provide public access to materials and programs focused on the study of fine and decorative arts created in the European tradition from the fourth through the twentieth century, as well as art from around the world that has been influenced by or had an influence on this tradition. The library serves an international research community and supports scholarly and programmatic initiatives throughout The Frick Collection. The Library provided on-site and remote services for all of the 2024 tax year by welcoming 1,666 visitors, answering 732 research questions in person, answering 517 research questions by email, and filing 107 interlibrary loan and 225 document delivery requests. See Schedule O for additional information.
Source: Form 990 for the year ending June 30, 2025, 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 June 2025.
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 October 1939.
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.