The Pierpont Morgan Library
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The Pierpont Morgan Library, established as the personal library of financier J. Pierpont Morgan, operates as a museum and independent research library in New York City, focusing on the preservation and public engagement with its extensive collections of manuscripts, rare books, music, drawings, and art. With an operating budget of $42.6 million and total revenue of $55.1 million for the filing year 2025, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.themorgan.org.
Mission Statement
Museum and independent research library (see Schedule O)located in the heart of New York City, the Morgan Library & Museum began as the personal library of financier, collector, and cultural benefactor J. Pierpont Morgan (1837-1913). The Morgan offers the public close encounters with great works of human accomplishment in a setting treasured for its intimate scale and historic significance. Its collections of manuscripts, rare books, music, drawings, and other works of art comprise a unique record of civilization, as well as an incomparable repository of ideas and the creative process.
Cause Areas
1
Libraries
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is The Pierpont Morgan Library’s budget?
In 2025, The Pierpont Morgan Library reported an annual operating budget of around $42.6 million. More detailed financial information is available to registered users.
What causes does The Pierpont Morgan Library support?
The Pierpont Morgan Library supports work in Libraries.
Where does The Pierpont Morgan Library operate?
The Pierpont Morgan Library is headquartered in New York, NY.
Who funded The Pierpont Morgan Library recently?
In 2025, The Pierpont Morgan Library received grants from Boston Foundation, Inc, JEROME L GREENE FOUNDATION, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant The Pierpont Morgan Library received in 2024?
The largest grant to The Pierpont Morgan Library in 2024 exceeds $1.5 million.
What is The Pierpont Morgan Library’s reliance on government grants?
The Pierpont Morgan Library relied on government grants for less than 5% of their total revenue in 2025.