Overview

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Est.

1921

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

THE PHILLIPS COLLECTION is an art museum and the oldest museum of modern and contemporary art in the U.S. Based on a 2025 filing, it reports an operating budget of $17.4M and total revenue of $26.6M, with major support from Sherman Fairchild Foundation Inc, GREATER WASHINGTON COMMUNITY FOUNDATION, and AMERICAN GIFT FUND.

Mission Statement

THE PHILLIPS COLLECTION IS THE OLDEST MUSEUM OF MODERN AND CONTEMPORARY ART IN THE U.S.
Revenues
$13.7M
Expenses
$17.3M
Net Income:
-$3.7M
Assets
$128.9M
Liabilities
$7.3M
Net Assets:
+$121.6M
Operating Budget
$17.3M
Operating Budget by Year

Due Diligence

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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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Total No. of Grants
76
Median grant size
$10K
Largest grant received
$200K
C
Cheryl Nichols
Board Member
E
Earl Richards
Board Member
T
Todd Galaida
Board Member
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  • 193 funders
  • 105 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is THE PHILLIPS COLLECTION’s budget?
In 2024, THE PHILLIPS COLLECTION reported an annual operating budget of around $17.3 million. More detailed financial information is available to registered users.
What causes does THE PHILLIPS COLLECTION support?
THE PHILLIPS COLLECTION supports work in Art museums.
Where does THE PHILLIPS COLLECTION operate?
THE PHILLIPS COLLECTION is headquartered in Washington, DC.
Who funded THE PHILLIPS COLLECTION recently?
In 2025, THE PHILLIPS COLLECTION received grants from Ednah Root Foundation, THE ANDY WARHOL FOUNDATION FOR THE VISUAL ARTS INC, and KARL O & HELEN W KNATHS TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant THE PHILLIPS COLLECTION received in 2024?
The largest grant to THE PHILLIPS COLLECTION in 2024 exceeds $200 thousand.
What is THE PHILLIPS COLLECTION’s reliance on government grants?
THE PHILLIPS COLLECTION relied on government grants for less than 5% of their total revenue in 2024.