Civic Intelligence

Friends of the Neuberger Museum of Art Inc

EIN 23-7179855 • 501(c)3 • Purchase, NY

Profile

The mission of the neuberger museum of art is to engage and inspire diverse audiences by actively fostering the study, understanding, appreciation, and enjoyment of modern and contemporary visual and time-based arts. Embracing the highest standards of artistic, academic and professional excellence, the neuberger facilitates the production of new art; collects and preserves art in its growing collections; and presents and interprets the art in its permanent collection and changing exhibitions, offered on site, in national and international venues, and in print and online publications. As an integral part of purchase college, suny, a vital center of community engagement in the new york city metropolitan region and a dynamic virtual presence, the neuberger promotes lifelong learning by taking an accessible but critical, interdisciplinary approach to teaching in all of its core activities.

735 Anderson Hill RoadPurchase, NY 10577-1400

www.neuberger.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

26th percentile

0.01x

Higher debt load relative to assets than 26% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

38th percentile

0.11x

Higher debt load relative to revenue than 38% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Source year 2025

Net Margin

19th percentile

-24%

Higher net margin than 19% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE A • $10M-$25M nonprofits • Source year 2025

Asset Growth

43rd percentile

1.6%

Faster asset growth than 43% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

91st percentile

124%

Faster revenue growth than 91% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$10,895,107

Up $167,224 (+1.6%) from 2024

Liabilities

Up

$104,497

Up $33,131 (+46%) from 2024

Net Assets

Up

$10,790,610

Up $134,093 (+1.3%) from 2024

Revenue

Up

$972,151

Up $538,263 (+124%) from 2024

Expenses

Down

$1,204,794

Down $53,773 (-4.3%) from 2024

Net Income

Up

-$232,643

Up $592,036 (+72%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $5,265,395Liabilities 2010: $87,482Net Assets 2010: $5,177,9132010Assets 2011: $7,980,209Liabilities 2011: $79,379Net Assets 2011: $7,900,8302011Assets 2012: $7,692,709Liabilities 2012: $104,373Net Assets 2012: $7,588,3362012Assets 2013: $8,858,470Liabilities 2013: $175,788Net Assets 2013: $8,682,6822013Assets 2014: $10,184,149Liabilities 2014: $193,861Net Assets 2014: $9,990,2882014Assets 2015: $10,129,289Liabilities 2015: $193,935Net Assets 2015: $9,935,3542015Assets 2016: $9,299,384Liabilities 2016: $70,047Net Assets 2016: $9,229,3372016Assets 2017: $10,101,380Liabilities 2017: $158,153Net Assets 2017: $9,943,2272017Assets 2018: $10,405,026Liabilities 2018: $270,858Net Assets 2018: $10,134,1682018Assets 2019: $10,569,928Liabilities 2019: $171,966Net Assets 2019: $10,397,9622019Assets 2020: $10,154,107Liabilities 2020: $182,556Net Assets 2020: $9,971,5512020Assets 2021: $12,428,606Liabilities 2021: $150,785Net Assets 2021: $12,277,8212021Assets 2022: $10,383,737Liabilities 2022: $16,187Net Assets 2022: $10,367,5502022Assets 2023: $10,690,021Liabilities 2023: $57,762Net Assets 2023: $10,632,2592023Assets 2024: $10,727,883Liabilities 2024: $71,366Net Assets 2024: $10,656,5172024Assets 2025: $10,895,107Liabilities 2025: $104,497Net Assets 2025: $10,790,6102025

Highlighted filing

2025

Assets$10,895,107
Liabilities$104,497
Net Assets$10,790,610

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $1,387,1822010Expenses 2011: $1,348,3722011Expenses 2012: $1,352,1452012Expenses 2013: $722,1432013Revenue 2014: $1,750,852Expenses 2014: $1,312,569Net Income 2014: $438,2832014Revenue 2015: $1,289,720Expenses 2015: $1,114,642Net Income 2015: $175,0782015Revenue 2016: $1,137,752Expenses 2016: $1,326,637Net Income 2016: -$188,8852016Revenue 2017: $1,013,691Expenses 2017: $1,007,391Net Income 2017: $6,3002017Revenue 2018: $3,401,553Expenses 2018: $1,177,321Net Income 2018: $2,224,2322018Revenue 2019: $1,224,712Expenses 2019: $996,892Net Income 2019: $227,8202019Revenue 2020: $680,714Expenses 2020: $1,056,553Net Income 2020: -$375,8392020Revenue 2021: $3,491,173Expenses 2021: $641,846Net Income 2021: $2,849,3272021Revenue 2022: $1,582,206Expenses 2022: $1,440,333Net Income 2022: $141,8732022Revenue 2023: $830,808Expenses 2023: $1,203,932Net Income 2023: -$373,1242023Revenue 2024: $433,888Expenses 2024: $1,258,567Net Income 2024: -$824,6792024Revenue 2025: $972,151Expenses 2025: $1,204,794Net Income 2025: -$232,6432025

Highlighted filing

2025

Revenue$972,151
Expenses$1,204,794
Net Income-$232,643

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$10.9$0.10$10.8$0.97$1.20$0.23
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.7$0.07$10.7$0.43$1.26$0.82
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.7$0.06$10.6$0.83$1.20$0.37
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.02$10.4$1.58$1.44$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$0.15$12.3$3.49$0.64$2.85
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$0.18$9.97$0.68$1.06$0.38
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$0.17$10.4$1.22$1.00$0.23
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$0.27$10.1$3.40$1.18$2.22
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.16$9.94$1.01$1.01$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.30$0.07$9.23$1.14$1.33$0.19
2015Detailed filing. Detailed filing data is available for this year.$10.1$0.19$9.94$1.29$1.11$0.18
2014Detailed filing. Detailed filing data is available for this year.$10.2$0.19$9.99$1.75$1.31$0.44
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.86$0.18$8.68$0.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.69$0.10$7.59$1.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.98$0.08$7.90$1.35
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.27$0.09$5.18$1.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 6, 2026
Return Version
2024v5.5
Gross Receipts
$1,293,819
Mission and Program Overview

Mission

Support and development of the neuberger museum of art and fine arts programs at purchase college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,888,133$9,462,974▲ $574,841
Cash and Non-Interest-Bearing Accounts$1,830,695$1,369,633▼ $461,062
Pledges and Grants Receivable$9,055$62,500▲ $53,445
Total Assets$10,727,883$10,895,107▲ $167,224
Liabilities
Other Liabilities$51,331$70,668▲ $19,337
Accounts Payable and Accrued Expenses$20,035$33,829▲ $13,794
Total Liabilities$71,366$104,497▲ $33,131
Net Assets / Fund Balance
Net Assets With Donor Restrictions$10,006,916$10,275,104▲ $268,188
Net Assets Without Donor Restrictions$649,601$515,506▼ $134,095
Total Net Assets Fund Balance$10,656,517$10,790,610▲ $134,093
Total Liabilities and Net Assets / Fund Balance$10,727,883$10,895,107▲ $167,224

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$7,021,548$29,937▲ $552,488$311,121$7,292,852
2023$6,850,504$2,387▲ $699,209$530,552$7,021,548
2022$6,915,473$23,669▲ $592,579$681,217$6,850,504
2021$7,938,636-▼ $927,073$96,090$6,915,473
2020$6,368,856$125,000▲ $1,537,595$92,815$7,938,636
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul ZukowskyChair
Bonnie RomanoVice Chair
Bill BravermanTrustee
Daniel FeldmanTrustee
Frans HijkoopTrustee
Fred WilsonTrustee
Helen Stambler NeubergerTrustee
Jamie GordonTrustee
Jim NeubergerTrustee
Lauren KarpTrustee
Marc GrossmanTrustee
Stacey OestreichTrustee
Tony MaddalenaTrustee
Earnest LambTrustee - Ex-officio
Jason SotoTrustee - Ex-officio
Milagros PenaTrustee - Ex-officio
Shari SimsTrustee - Ex-officio
Suellen PelusoTrustee - Ex-officio
Tracy Fitzpatrick Museum Exec DirTrustee - Ex-officio
Susan DubinSecretary
James DubinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$391,204
Program Service Revenue
$8,500
Investment Income
$572,447
Other Revenue
$0
All Other Contributions
$341,704
Change in Net Assets
$-232,643

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$37,756Fair Market Value (FMV) Date of Donation
Total Noncash Contributions3$37,756-

Audited Revenue Reconciliation

Revenue per Audited Statements
$972,151
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$493,542
Total Revenue per Audited Statements
$1,465,693
Total Revenue per Form 990
$972,151
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,204,794
Total Fundraising Expense$239,194
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$251,640$158,487$219,909$630,036
All Other Expenses$89,793--$89,793
Other Expenses$61,823-$18,785$61,823
Advertising$36,175-$500$36,675
Insurance$4,166--$4,166
Office Expenses-$2,284-$2,284
Total Functional Expenses$804,829$160,771$239,194$1,204,794

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,331,600
Expenses per Audited Statements$1,204,794
Total Expenses per Form 990$1,204,794
Expenses Not Reported on Form 990$126,806
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Purchase College$70,576
Due to Related Party$92
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Helen stambler neuberger and jim neuberger are husband and wife. James dubin and susan dubin are also husband and wife.

Form 990, Part VI, Section B, Line 11B

Friends of the neuberger museum of art has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is electronically sent to board members of the organization for any comments. Any comments are the grouped, summarized and provided to the outside accountants. Each issue is documented and addressed until the return is finalized and approved for filing.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is applicable to board members of the organization. Each board member is required to read and sign the conflict of interest policy when it is updated. The policy is reviewed on a yearly basis. The organization monitors the conflict of interest policy through the normal course of business. Whenever a matter arises for action by the board, or the museum engaged in an activity where there is a possible conflict or appearance of conflict between the interests of the museum and an outside or personal interest of a board member, the outside interest should be a matter of record. The conflict of interest policy provides for written acknowledgement by each trustee that each has read and is familiar with the conflict of interst policy and as to whether or not the trustee has a conflict of interest. In those cases where the board member is present when a vote is taken in connection with such question, he or she should abstain.

Form 990, Part VI, Section C, Line 19

Copies of internal policies, governing documents and financial statements are available upon request at the offices during regular business hours. Form 990 is avaliable upon request, at offices during regular business hours, on the website of the office of the attorney general of the state of ny, and on the website www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
Friends of the Neuberger Museum
EIN
23-7179855
Phone
9142516100
Address
735 ANDERSON HILL ROAD, PURCHASE, NY 10577-1400

Signing Officer

Name
Paul Zukowsky
Title
Chairperson
Phone
9142516100
Signed
2026-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Zukowsky
Formed
1972
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
14
Employees
0
Volunteers
46

Preparer

Firm
Bonadio & Co Llp
Address
6 WEMBLEY CT, ALBANY, NY 12205
Preparer
Ariel F Ruiz
Phone
5184644080
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Outsourced salaries: program service expenses 191,640. Management and general expenses 0. Fundraising expenses 219,909. Total expenses 411,549. Endowment admin fee: program service expenses 60,000. Management and general expenses 158,487. Fundraising expenses 0. Total expenses 218,487.

Financial Statement Notes

PART III, LINE 1A:

In conformity with u.s. Gaap followed by art museums, the value of friends' collections have been excluded from the statement of financial position and gifts of art objects are excluded from revenue in the statement of activities. Purchase of art objects by the friends are recorded as decreases in net assets in the statement of activities. Proceeds from the sale of art are recorded as increases in temporarily restricted net assets.

PART III, LINE 4:

The neuberger museum of art strategically plans for the use and development of its collection of modern, contemporary, and african art, guided by its mission to provide public access to its collection while ensuring its preservation.

Raw XML AppendixShowing 400 of 552 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/PersonNm17JASON SOTO
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