FRIENDS OF THE NEW YORK TRANSIT MUSEUM: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: FRIENDS OF THE NEW YORK TRANSIT MUSEUM (EIN 11-3299408)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-11-15
IRS object ID: 202423209349322987
Schema version: 2023v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-11-15T16:24:42-06:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	873231666	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PKF O'CONNOR DAVIES ADVISORY LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	500 MAMARONECK AVENUE SUITE 301	AddressLine1Txt
City	HARRISON	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	105281633	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	113299408	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FRIENDS OF THE NEW YORK TRANSIT MUSEUM	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FRIE	BusinessNameControlTxt
Phone	7186943958	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	130 LIVINGSTON STREET 10TH FLOOR	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11201	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	CONCETTA BENCIVENGA	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	7186943958	PhoneNum
Signature	2024-11-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MELISSA MODELSON	PreparerPersonNm
PTIN	P01603524	PTIN
Phone	9143818900	PhoneNum
Preparation	2024-11-15	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	CONCETTA BENCIVENGA	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	130 LIVINGSTON STREET 10TH FLOOR	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11201	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$6,764,910	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.NYTRANSITMUSEUM.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1995	FormationYr
Legal Domicile State	NY	LegalDomicileStateCd
Activity Or Mission	TO SUPPORT, PROMOTE, AND RAISE FUNDS FOR THE NEW YORK TRANSIT MUSEUM'S COLLECTIONS AND EXHIBITIONS.	ActivityOrMissionDesc
Voting Members Governing Body	13	VotingMembersGoverningBodyCnt
Voting Members Independent	13	VotingMembersIndependentCnt
Total Employee	97	TotalEmployeeCnt
Total Volunteers	14	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$1,811,600	PYContributionsGrantsAmt
CY Contributions Grants	$1,259,866	CYContributionsGrantsAmt
PY Program Service Revenue	$629,827	PYProgramServiceRevenueAmt
CY Program Service Revenue	$790,491	CYProgramServiceRevenueAmt
PY Investment Income	$492,973	PYInvestmentIncomeAmt
CY Investment Income	$643,633	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	-$214,757	CYOtherRevenueAmt
PY Total Revenue	$2,934,400	PYTotalRevenueAmt
CY Total Revenue	$2,479,233	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,152,607	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,498,948	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$363,023	CYTotalFundraisingExpenseAmt
PY Other Expenses	$576,561	PYOtherExpensesAmt
CY Other Expenses	$929,982	CYOtherExpensesAmt
PY Total Expenses	$1,729,168	PYTotalExpensesAmt
CY Total Expenses	$2,428,930	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,205,232	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$50,303	CYRevenuesLessExpensesAmt
Total Assets BOY	$13,522,737	TotalAssetsBOYAmt
Total Assets EOY	$14,724,429	TotalAssetsEOYAmt
Total Liabilities BOY	$406,985	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,141,075	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$13,115,752	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$13,583,354	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	SUPPORT THE NEW YORK TRANSIT MUSEUM'S COLLECTIONS AND EXHIBITIONS AND PRESERVE THE HISTORY, SOCIOLOGY AND TECHNOLOGY OF PUBLIC TRANSPORTATION IN THE NEW YORK METROPOLITAN AREA. IN ADDITION, SUPPORT THE MUSEUM'S ARCHIVAL, CURATORIAL, EDUCATIONAL, AND RESTORATION PROJECTS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,474,709	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$790,491	RevenueAmt
Desc	THE FRIENDS OF THE NEW YORK TRANSIT MUSEUM'S MAIN PROGRAMS TO SUPPORT THE MUSEUM INCLUDED:1. NOSTALGIA RIDES OFFERS OPPORTUNITIES TO RIDE OUR BELOVED VINTAGE FLEET OF TRAINS TO DESTINATIONS ALL OVER THE CITY. HOLIDAY THEME TRAIN EXHIBIT IN THE MUSEUM.2. HOLIDAY-THEMED TRAIN EXHIBIT ALLOWS EVERYONE OF ALL AGES TO EXPLORE OUR FESTIVE HOLIDAY-THEMED TRAIN EXHIBIT AT THE MUSEUM, CELEBRATING THE RICH HERITAGE OF TRANSPORTATION IN A SEASONAL SETTING.3. OUR EDUCATIONAL TOURS INVITE SCHOOL GROUPS TO EXPLORE THE MUSEUM'S INTERACTIVE EXHIBITS, WHERE THEY CAN LEARN HOW TRANSPORTATION HAS SHAPED NEW YORK CITY FROM ITS EARLY DAYS TO THE PRESENT.	Desc
Total Program Service Expenses	$1,474,709	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	32	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	97	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Form1098 C Filed	Yes (1)	Form1098CFiledInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	13	GoverningBodyVotingMembersCnt
Independent Voting Member	13	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	0	ConflictOfInterestPolicyInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	CONCETTA BENCIVENGA	PersonNm
Phone	7186943958	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	130 LIVINGSTON STREET 10TH FLOOR	AddressLine1Txt
City	BROOKLYN	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	11201	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
SUSAN GILBERT
CHAIRPERSON	2.00	Yes (X)	Yes (X)	$0	$0	$0
ALFREDO QUINTERO
SECRETARY/TREASURER	2.00	Yes (X)	Yes (X)	$0	$0	$0
MARTIN APPEL
TRUSTEE	1.00	Yes (X)		$0	$0	$0
CARLA CRAFT
TRUSTEE	1.00	Yes (X)		$0	$0	$0
BEVERLY DOLINSKY
TRUSTEE	1.00	Yes (X)		$0	$0	$0
JOHN DI DOMENICO
TRUSTEE	1.00	Yes (X)		$0	$0	$0
ROBERT FURNISS
TRUSTEE, THRU AUGUST 2023	1.00	Yes (X)		$0	$0	$0
KURT A GODDARD
TRUSTEE	1.00	Yes (X)		$0	$0	$0
WYNTON HABERSHAM
TRUSTEE	1.00	Yes (X)		$0	$0	$0
EDWARD T SEAMAN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
RUBY SIEGEL
TRUSTEE	1.00	Yes (X)		$0	$0	$0
STEVEN VACARRO
TRUSTEE	1.00	Yes (X)		$0	$0	$0
JOHN VASILJ
TRUSTEE	1.00	Yes (X)		$0	$0	$0
GERALD WEINSTEIN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
CONCETTA BENCIVENGA
MUSEUM DIRECTOR	20.00		Yes (X)	$92,364	$0	$6,003
SARAH LANDRETH
DIRECTOR OF DEVELOPMENT	40.00			$109,297	$0	$1,920	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$201,661	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$7,923	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	Yes (1)	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CORE Z OPERATIONS LLC	BusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	141 WEST 54TH STREET	AddressLine1Txt
City	NEW YORK	CityNm
State Abbreviation	NY	StateAbbreviationCd
ZIP	10019	ZIPCd

Field	Value	IRS element (for citing)
Services	CATERING SERVICES	ServicesDesc
Compensation	$181,162	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt
Membership Dues	$219,759	MembershipDuesAmt
Fundraising	$591,975	FundraisingAmt
Government Grants	$84,988	GovernmentGrantsAmt
All Other Contributions	$363,144	AllOtherContributionsAmt
Total Contributions	$1,259,866	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMISSIONS	900099	$630,511	$630,511
EVENTS & TOURS	900099	$159,980	$159,980

Field	Value	IRS element (for citing)
Total Program Service Revenue	$790,491	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$312,303	TotalRevenueColumnAmt
Exclusion	$312,303	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$3,000	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$3,000	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,000	TotalRevenueColumnAmt
Exclusion	$3,000	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$4,272,223	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$3,940,893	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$331,330	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$331,330	TotalRevenueColumnAmt
Exclusion	$331,330	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$125,675	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$591,975	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$344,784	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$219,109	TotalRevenueColumnAmt
Exclusion	-$219,109	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Business	900099	BusinessCd
Total Revenue Column	$1,352	TotalRevenueColumnAmt
Exclusion	$1,352	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$1,352	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$2,479,233	TotalRevenueColumnAmt
Related Or Exempt Func Income	$790,491	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$428,876	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,235,174	TotalAmt
Program Services	$914,556	ProgramServicesAmt
Management And General	$50,651	ManagementAndGeneralAmt
Fundraising	$269,967	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$131,760	TotalAmt
Program Services	$94,753	ProgramServicesAmt
Management And General	$8,946	ManagementAndGeneralAmt
Fundraising	$28,061	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$132,014	TotalAmt
Program Services	$97,810	ProgramServicesAmt
Management And General	$5,403	ManagementAndGeneralAmt
Fundraising	$28,801	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,092	TotalAmt
Management And General	$1,092	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$157,524	TotalAmt
Management And General	$157,524	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$123,963	TotalAmt
Management And General	$123,963	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$366,341	TotalAmt
Program Services	$252,353	ProgramServicesAmt
Management And General	$104,567	ManagementAndGeneralAmt
Fundraising	$9,421	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$4,230	TotalAmt
Program Services	$1,217	ProgramServicesAmt
Management And General	$2,893	ManagementAndGeneralAmt
Fundraising	$120	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$119,940	TotalAmt
Program Services	$17,943	ProgramServicesAmt
Management And General	$83,390	ManagementAndGeneralAmt
Fundraising	$18,607	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$48,949	TotalAmt
Program Services	$23,206	ProgramServicesAmt
Management And General	$25,743	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$3,437	TotalAmt
Program Services	$3,437	ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$20,832	TotalAmt
Program Services	$10,064	ProgramServicesAmt
Management And General	$6,008	ManagementAndGeneralAmt
Fundraising	$4,760	FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$15,720	TotalAmt
Management And General	$15,720	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$3,264	TotalAmt
Program Services	$704	ProgramServicesAmt
Management And General	$2,364	ManagementAndGeneralAmt
Fundraising	$196	FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
EXHIBIT EXPENSES	$49,693	$45,643	$2,500	$1,550
HONORARIA/PROGRAM GUIDE	$12,967	$12,967
MISC OPERATING EXPENSES	$2,030	$56	$434	$1,540

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,428,930	TotalAmt
Program Services	$1,474,709	ProgramServicesAmt
Management And General	$591,198	ManagementAndGeneralAmt
Fundraising	$363,023	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,272,730	BOYAmt
EOY	$1,428,874	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$253,372	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$637,814	BOYAmt
EOY	$108,344	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$65,726	BOYAmt
EOY	$28,136	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$31,997	BOYAmt
EOY	$8,495	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$78,600	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$49,125	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$45,195	BOYAmt
EOY	$29,475	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$11,469,275	BOYAmt
EOY	$12,867,733	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$13,522,737	BOYAmt
EOY	$14,724,429	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$394,590	BOYAmt
EOY	$333,191	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$12,395	BOYAmt
EOY	$67,956	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$739,928	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$406,985	BOYAmt
EOY	$1,141,075	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$12,314,161	BOYAmt
EOY	$13,232,569	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$801,591	BOYAmt
EOY	$350,785	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$13,115,752	BOYAmt
EOY	$13,583,354	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$13,522,737	BOYAmt
EOY	$14,724,429	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$50,303	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$884,451	NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments	-$467,152	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,619,071	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,018,069	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,209,111	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,811,600	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,259,866	CurrentTaxYearAmt
Total	$6,917,717	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,619,071	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,018,069	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,209,111	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,811,600	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,259,866	CurrentTaxYearAmt
Total	$6,917,717	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$67,566	SubstantialContributorsTotAmt
Public Support Total170	$6,850,151	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$252,120	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$242,886	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$239,220	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$251,306	CurrentTaxYearMinus1YearAmt
Current Tax Year	$315,303	CurrentTaxYearAmt
Total	$1,300,835	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year	$1,352	CurrentTaxYearAmt
Total	$1,352	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$8,219,904	TotalSupportAmt
Gross Receipts Rltd Activities	$2,670,112	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.83340	PublicSupportCY170Pct
Public Support PY170	0.85340	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:	FormAndLineReferenceDesc
Explanation	OTHER INCOME - 2023 AMOUNT: $ 1,352.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$78,600	OtherCostOrOtherBasisAmt
Depreciation	$49,125	DepreciationAmt
Book Value	$29,475	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$29,475	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
DUE TO RELATED PARTY	$586,518
REFUNDABLE ADVANCES	$153,410

Field	Value	IRS element (for citing)
Total Liability	$739,928	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,403,933	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$884,451	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$164,212	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	$1,048,663	RevenueNotReportedAmt
Revenue Subtotal	$2,355,270	RevenueSubtotalAmt
Investment Expenses Not Incld	$123,963	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$123,963	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$2,479,233	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,469,179	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$164,212	DonatedServicesUseFcltsAmt
Expenses Not Reported	$164,212	ExpensesNotReportedAmt
Expenses Subtotal	$2,304,967	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$123,963	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$123,963	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$2,428,930	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO DECEMBER 31, 2020.	ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	MUSEUM GALA	Event1Nm
Gross Receipts Event1	$717,650	GrossReceiptsEvent1Amt
Charitable Contri Event1	$591,975	CharitableContriEvent1Amt
Gross Revenue Event1	$125,675	GrossRevenueEvent1Amt
Cash Prizes Event1	$0	CashPrizesEvent1Amt
Non Cash Prizes Event1	$0	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$191,341	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$0	FoodAndBeverageEvent1Amt
Entertainment Event1	$31,048	EntertainmentEvent1Amt
Other Direct Expenses Event1	$122,395	OtherDirectExpensesEvent1Amt
Gross Receipts Total	$717,650	GrossReceiptsTotalAmt
Charitable Contributions Tot	$591,975	CharitableContributionsTotAmt
Gross Revenue Total Events	$125,675	GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events	$191,341	RentFcltyCostsTotalEventsAmt
Entertainment Total Events	$31,048	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$122,395	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$344,784	DirectExpenseSummaryEventsAmt
Net Income Summary	-$219,109	NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	FORM 990, PART VII, SECTION A, LINE 5 AND SCHEDULE J, PART II, LINE 1:	FormAndLineReferenceDesc
Explanation	CONCETTA BENCIVENGA, DIRECTOR, WAS COMPENSATED BY THE NYC METROPOLITAN TRANSPORTATION AUTHORITY, AN UNRELATED ORGANIZATION, FOR SERVICES RENDERED TO THE FRIENDS OF THE NEW YORK TRANSIT MUSEUM AS MUSEUM DIRECTOR. THE COMPENSATION, INCLUDING WAGES AND NONTAXABLE BENEFITS, THAT WAS PAID TO HER FOR HER SERVICES FOR TO THE MUSEUM IS REPORTED IN PART VII, AND SCHEDULE J.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART I, QUESTION 5, AND PART V, QUESTION 2A:	THE ORGANIZATION CONTRACTED WITH A PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR SERVICES, INCLUDING BUT NOT LIMITED TO, PAYROLL, TIMEKEEPING, EMPLOYEE BENEFITS, HR ADMINISTRATION AND WORKFORCE REGULATORY COMPLIANCE NEEDS. AS THE EMPLOYER OF RECORD FOR TAX PURPOSES, FORMS W-2 AND W-3 ARE ISSUED BY THE PEO AND FILED UNDER THE PEO'S FEDERAL EIN. IN THIS CO-EMPLOYMENT ARRANGEMENT, THE ORGANIZATION IS THE COMMON LAW EMPLOYER AND, ACCORDINGLY, COMPENSATION IS REPORTED ON FORM 990, PART VII, SECTION A AND PART IX, LINES 5-10.
FORM 990, PART VI, SECTION B, LINE 11B	THE ORGANIZATION 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. AFTER THE FORM 990 HAS BEEN PREPARED, THE MUSEUM DIRECTOR AND THE CFO CONSULTANT FROM KIWI PARTNERS REVIEW THE TAX RETURN WITH THE PREPARER. AFTER THIS REVIEW, THE TAX RETURN IS THEN SUBMITTED TO THE BOARD OF TRUSTEES FOR THEIR REVIEW PRIOR TO ITS FILING. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY.
FORM 990, PART VI, SECTION B, LINES 11 THROUGH 14:	FRIENDS OF THE NEW YORK TRANSIT MUSEUM DOES NOT HAVE ITS OWN CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY, OR DOCUMENT RETENTION AND DESTRUCTION POLICY. HOWEVER, IT DOES FOLLOW THE GOVERNANCE POLICIES SET IN PLACE BY THE NYC METROPOLITAN TRANSPORTATION AUTHORITY AND NYC TRANSIT AUTHORITY.
FORM 990, PART IX, LINE 11G	DESIGN AND PHOTOGRAPHY SERVICES: PROGRAM SERVICE EXPENSES 19,763. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,763. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 232,590. MANAGEMENT AND GENERAL EXPENSES 64,249. FUNDRAISING EXPENSES 9,421. TOTAL EXPENSES 306,260. PAYROLL PROCESSING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 40,318. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,318.
FORM 990, PART XII, LINE 2C:	THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
FORM 990, PART XI, LINE 8:	IN PREPARING THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2023, MANAGEMENT RESTATED CERTAIN AMOUNTS REPORTED IN THE DECEMBER 31, 2022 FINANCIAL STATEMENTS RELATING TO ADMISSIONS REVENUE DUE TO THE MTA, OVERSTATEMENT OF EXPENSE ACCRUAL, AND COST-REIMBURSEMENT GRANTS PREVIOUSLY RECOGNIZED AS RESTRICTED REVENUE WHEN MEASURABLE BARRIERS EXISTED. THE RESTATEMENTS RESULTED IN A PRIOR PERIOD ADJUSTMENT OF $467,152 REPORTED ON THE FORM 990.