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Brooklyn Institute of Arts and Sciences

Public charityFed auditsIRS 990990-T FY2023
DBA: % MCKENZIE KEATING
Other · BROOKLYN, NY · EIN 11-1672743

About

We bring people together through art and experiences that inspire celebration, compassion, courage, and the will to ACT. Form 990, part III, line 1 (description of organization's mission continued) our vision is to be the place where art is a powerful force for personal transformation and social change. With roots extending from 1825, the museum is one of the oldest and largest art museums in the united states. Its encyclopedic collection represents more than 5,500 years of artistic creativity, housed in a grand 560,000 square-foot beaux arts building designed by mckim, MEAD & white. Generally considered to be among the highest quality are the ancient egyptian collection; the arts of the americas collection, which includes PRE-columbian objects, spanish colonial painting, as well as 19th and early 20th century american painting, sculpture and decorative arts; and the asian and middle eastern collections. The museum is also home to the elizabeth a. Sackler center for feminist art, the only center of its kind in a museum. A distinguished record of groundbreaking exhibitions, canon-expanding scholarship, and RICH education and public programs, which DRAW an audience of half a million each year, further enhance our world-renowned holdings. The museum is grounded in the early egalitarian ideals of our nation; from the very beginning, our essential purpose has been the "education and inspiration of ALL the people." always an innovator, the brooklyn museum has launched many firsts, including the groundbreaking retrospective of georgia o'keeffe in 1927. The museum was also the first art museum in the u.s. To launch a formal education department, in-house conservation, and a photography school; build a large-scale collection of korean art; and mount a major survey of african art. Nearly 200 years AGO the museum began by preparing brooklyn's unemployed and uneducated BOYS and men for the workforce, before the advent of free public education in new YORK city, offering instruction in grammar; writing; bookkeeping; and architectural, figural, mechanical and landscape drawing. And today more than one-third of our annual visitorship benefits from the museum's education programs, which provide vital opportunities to DRAW personal connections to world-class collections and exhibitions; strengthen lifelong learning and critical thinking; and foster inclusion.

In care of Mckenzie Keating

Donations are tax-deductible
Category
Other
Employees
572
Volunteers
0

Financial Snapshot

FY ending 2023-06-30
Revenue
$50.9M
Expenses
$62.1M
Assets
$378.1M
Liabilities
$39.2M

Financial history

$88.9M$44.5M$0
1617181920212223
RevenueExpenses
Latest FY2023: $50.9M · Peak FY2022: $88.9M · Avg: $50.7M

Foreign activity (Schedule F)

Total spent abroad$114.7M
Foreign employees0
Foreign offices0
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA AND THE CARIBBEAN
SUB-SAHARAN AFRICA
EUROPE (INCLUDING ICELAND & GREENLAND)

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$49K
Grants Given
BROOKLYN INSTITUTE OF ARTS AND SCIENCES
Your actions

Address

200 Eastern PKWY
Brooklyn, NY, 11238-605

Governance

Voting board members58
Independent members58
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %36.0%
Permanent endowment %52.9%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Net to org-$256K
Retained by contractors$256K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.