Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Current Museum of Art
EIN 81-2540118 • 501(c)3 • New York, NY
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
67th percentile
Higher net margin than 67% of similar nonprofits.
Top Officer Pay
90th percentile
Higher top officer pay than 90% of similar nonprofits.
Top officer pay equals 20.7% of source-year revenue.
Asset Growth
82nd percentile
Faster asset growth than 82% of similar nonprofits.
Revenue Growth
89th percentile
Faster revenue growth than 89% of similar nonprofits.
Balance Sheet
Assets
Up$53,091
Up $18,931 (+55%) from 2018
Liabilities
Flat$0
Flat from 2018
Net Assets
Up$53,091
Up $18,931 (+55%) from 2018
Revenue
Up$101,671
Up $52,311 (+106%) from 2018
Expenses
Down$82,740
Down $101,107 (-55%) from 2018
Net Income
Up$18,931
Up $153,418 (+114%) from 2018
Trend Graphs
Filings
Most recent year
2019 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $53,091
- Liabilities
- $0
- Net assets
- $53,091
- Revenue
- $101,671
- Expenses
- $82,740
- Net income
- $18,931
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- May 15, 2020
- Return Version
- 2019v5.1
- Gross Receipts
- $116,671
Mission and Program Overview
Mission
To inspire wonder, support creators, and examine the role of museums through the exhibition, scholarship, and preservation of artistic works that engage technology.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| To promote knowledge and understanding of art and, in particular, the current in art: art that is current with its own time, art that flows within the current of history and technology, and above all, art whose creation and experience are powered by electric current (See Schedule O for program accomplishments). | - | $81,166 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Kelani Nichole | Trustee | PT | $21,000 | - | $21,000 |
| William M Nathan | Chairman/Trustee (Term 2/2019) | - | $0 | - | - |
| Alice Lloyd George | Trustee | - | $0 | - | - |
| Angela Redai | Treasurer/Trustee | PT | $0 | - | - |
| Mark Molle | Trustee | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Current Museum of Art
- EIN
- 81-2540118
- In Care Of
- % WITHUMSMITHBROWN
- Phone
- 7328281614
- Address
- 1411 Broadway 23rd Floor, New York, NY 10018
Signing Officer
- Name
- Angela Redai
- Title
- Treasurer
- Phone
- 6095588334
- Signed
- 2020-05-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- WithumSmithBrown PC
- Address
- ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
- Preparer
- Brad Caruso
- Phone
- 7328281614
Supplemental Narrative
Additional Explanations
Core Form 990EZ - Schedule O Responses
“In 2019, the Current hosted an event and exhibition that examined the impact of technology through the lens of art. The Current is pioneering a new digital museum model, with an endowment dedicated to funding and preserving a world-class collection of contemporary time-based media art and building a community of supporters. The Current remains focused on exhibition, analysis, and preservation of works that engage technology. In 2019, the Current coordinated and managed the conservation of its existing artwork collection by a digital art conservator, and the preservation of artist interviews and documentation for each artwork in the collection.”
Form 990EZ Part I Line 16
“Description:CONSERVATION EXPENSES Amount:22000”
Form 990EZ Part I Line 16
“Description:EXHIBITION EXPENSES Amount:5722”
Form 990EZ Part I Line 16
“Description:OFFICE EXPENSES Amount:1131”
Form 990EZ Part I Line 16
“Description:INFORMATION TECHNOLOGY Amount:443”
Form 990EZ Part I Line 16
“Description:ART ACQUISITION Amount:32444”
Raw XML Appendix178 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.
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| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 116671 |
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| IRS990EZ/InvestmentIncomeAmt | 0 | 59 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | Mark Molle |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Chairman/trustee (Term 2/2019) |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Trustee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer/Trustee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | Trustee |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | Trustee |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 61740 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO INSPIRE WONDER, SUPPORT CREATORS, AND EXAMINE THE ROLE OF MUSEUMS THROUGH THE EXHIBITION, SCHOLARSHIP, AND PRESERVATION OF ARTISTIC WORKS THAT ENGAGE TECHNOLOGY. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 18265 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | To promote knowledge and understanding of art and, in particular, the current in art: art that is current with its own time, art that flows within the current of history and technology, and above all, art whose creation and experience are powered by electric current (See Schedule O for program accomplishments). |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 81166 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 21000 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 20925 |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 82740 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 81166 |
| IRS990EZ/TotalRevenueAmt | 0 | 101671 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationTrustInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | thecurrent.art |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 77422 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 49001 |
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| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 59 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 359 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 120 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 540 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 24379 |
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| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 30910 |
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| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 501423 |
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| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | In 2019, the Current hosted an event and exhibition that examined the impact of technology through the lens of art. The Current is pioneering a new digital museum model, with an endowment dedicated to funding and preserving a world-class collection of contemporary time-based media art and building a community of supporters. The Current remains focused on exhibition, analysis, and preservation of works that engage technology. In 2019, the Current coordinated and managed the conservation of its existing artwork collection by a digital art conservator, and the preservation of artist interviews and documentation for each artwork in the collection. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description:CONSERVATION EXPENSES Amount:22000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description:EXHIBITION EXPENSES Amount:5722 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description:OFFICE EXPENSES Amount:1131 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Description:INFORMATION TECHNOLOGY Amount:443 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Description:ART ACQUISITION Amount:32444 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Core Form 990EZ - Schedule O Responses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990EZ PART I LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990EZ PART I LINE 16 |
| ReturnHeader/BuildTS | 0 | 2021-01-29 14:40:06Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ANGELA REDAI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6095588334 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-05-15 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CURR |
| ReturnHeader/Filer/EIN | 0 | 812540118 |
| ReturnHeader/Filer/InCareOfNm | 0 | % WITHUMSMITHBROWN |
| ReturnHeader/Filer/PhoneNum | 0 | 7328281614 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1411 Broadway 23rd Floor |
| ReturnHeader/Filer/USAddress/CityNm | 0 | New York |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10018 |
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| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7328281614 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Brad Caruso |
| ReturnHeader/ReturnTs | 0 | 2020-10-10T14:34:08-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.