METROPOLITAN MUSEUM OF ART
METROPOLITAN MUSEUM OF ART
METROPOLITAN MUSEUM OF ART
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$907,368,037
Other
50%
Contributions
30%
Investments
10%
Fundraising Events
4%
Membership Dues
3%
Government Grants
2%
Program Services
<1%
Expenses in 2025
$502,035,162
Salaries & Benefits
50%
Other
20%
Depreciation
10%
Fees to Service Providers
7%
Offices, Occupancy & IT
7%
Interest
3%
Advertising & Promotion
1%
Grants
<1%
Benefits to Members
0%
Revenues
2024
2025
Change
Contributions
$287,446,789
$270,028,217
-6%
Government Grants
$28,004,199
$18,707,892
-33%
Fundraising Events
$39,538,516
$40,057,321
+1%
Program Services
$8,471,049
$4,223,113
-50%
Membership Dues
$26,156,001
$27,651,640
+6%
Investments
$108,045,980
$90,091,379
-17%
Other
$199,939,285
$456,608,475
+128%
Total Revenues
$697,601,819
$907,368,037
+30%
Expenses
2024
2025
Change
Grants
$2,750,234
$2,322,708
-16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$230,171,464
$250,319,982
+9%
Fees to Service Providers
$51,429,853
$37,599,820
-27%
Advertising & Promotion
$8,161,426
$6,941,565
-15%
Offices, Occupancy & IT
$33,523,627
$37,478,049
+12%
Interest
$13,869,323
$14,050,256
+1%
Depreciation
$50,892,243
$51,707,456
+2%
Other
$87,146,645
$101,615,326
+17%
Total Expenses
$477,944,815
$502,035,162
+5%
Net income
2024
2025
Change
Net income
+$219,657,004
+$405,332,875
+85%
Functional Expenses
Summary
2024
2025
Change
Program
$291,354,172
$287,988,311
-1%
Admin
$163,531,903
$190,327,326
+16%
Fundraising
$23,058,740
$23,719,525
+3%
Total Expenses
$477,944,815
$502,035,162
+5%
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