- Exempt under
- 501(c)(3)[1]
- IRS ruling date
- April 1925[2]
- Publication 78 data
- Listed (PC)[3]
- Total revenue, period ending Mar 2025
- $55,087,598[4]
Pierpont Morgan Library is listed in IRS records in New York, New York, as exempt under section 501(c)(3)[5][1]. The IRS master file lists total revenue of $55,087,598 for the tax period ending March 2025[4].
IRS status
The IRS lists Pierpont Morgan Library as exempt under section 501(c)(3), classification: Charitable Organization[1]. Its foundation code is 15: Organization that receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)[6]. It appears in Publication 78 data with status code PC, a public charity with deductibility limitation 50% (60% for cash contributions)[3]. The IRS master file lists a ruling date of April 1925[2].
| Item | IRS record |
|---|---|
| EIN[5] | 13-1624146 |
| Location in IRS records[5] | New York, New York |
| Secondary name line[7] | The Morgan Library & Museum |
| Exempt under[1] | Section 501(c)(3) |
| IRS classification[1] | Charitable Organization |
| Ruling date[2] | April 1925 |
| Foundation code[6] | 15: Organization that receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) |
| Deductibility code[8] | 1: Contributions are deductible |
| Publication 78 data[3] | Listed, status PC |
| NTEE code[9] | B700: Education, Libraries |
| Filing requirement[10] | 990 (all other) or 990EZ return |
| Fiscal year ends[11] | March |
| Latest e-filed return[12] | Form 990, tax period ending March 2025 |
Finances as reported to the IRS
On its Form 990 for the tax period ending March 2023, Pierpont Morgan Library reported total revenue of $23,737,274[13]. That included contributions, gifts and grants of $10,537,116 and investment income of $21,664,164[14]. Total expenses were $31,437,927 and net assets were $367,020,735[13]. Reported total revenue was $25,823,209 on its Form 990 for the tax period ending March 2021[15] and $59,153,120 for the tax period ending March 2022[16].
IRS master file, newer period. For the most recent return in the IRS master file, for the tax period ending March 2025, the IRS lists total revenue of $55,087,598 and total assets of $446,582,375.[4]
- Total revenue
- Total expenses
| Tax period ending | Form | Total revenue | Total expenses | Net assets at year end |
|---|---|---|---|---|
| March 2021[15] | Form 990 | $25,823,209 | $22,832,553 | $396,678,218 |
| March 2022[16] | Form 990 | $59,153,120 | $26,123,983 | $395,559,384 |
| March 2023[13] | Form 990 | $23,737,274 | $31,437,927 | $367,020,735 |
Totals as reported on each return. The IRS publishes these extracts one to two years after filing.
Balance sheet, tax period ending March 2023
| Line | Amount |
|---|---|
| Total assets[17] | $386,483,637 |
| Total liabilities[17] | $19,462,902 |
| Net assets or fund balances[17] | $367,020,735 |
Employees. Pierpont Morgan Library reported 237 employees on Form W-3 for calendar year ending with or within the tax period ending March 2023 (Form 990, Part V, line 2a).[18]
Compensation over $100,000. On the Form 990 for the tax period ending March 2023, Pierpont Morgan Library reported 26 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2).[19]
Questions people ask
- What is the EIN of Pierpont Morgan Library?
- The IRS master file lists employer identification number 13-1624146 for Pierpont Morgan Library[5].
- Is Pierpont Morgan Library a 501(c)(3) nonprofit?
- The IRS lists it as exempt under section 501(c)(3), classification: Charitable Organization[1].
- Are contributions to Pierpont Morgan Library tax-deductible?
- IRS deductibility code 1 reads: Contributions are deductible[8]. It appears in Publication 78 data with status code PC[3].
- Where is Pierpont Morgan Library located?
- The IRS master file lists it in New York, New York[5].
- What revenue did Pierpont Morgan Library report?
- The IRS master file lists total revenue of $55,087,598 for the tax period ending March 2025[4].
Facts and sources
- The IRS lists Pierpont Morgan Library as exempt under section 501(c)(3) of the Internal Revenue Code, classification: Charitable Organization. IRS EO Business Master File
- The ruling date in the IRS master file (the month and year of the IRS letter recognizing the exemption) is April 1925. IRS EO Business Master File
- Pierpont Morgan Library (EIN 13-1624146) appears in the IRS Publication 78 data, the list of organizations eligible to receive tax-deductible charitable contributions, with status code PC (A public charity, deductibility limitation 50% (60% for cash contributions)). IRS Tax Exempt Organization Search data
- For the most recent return in the IRS master file, for the tax period ending March 2025, the IRS lists total revenue of $55,087,598 and total assets of $446,582,375. IRS EO Business Master File
- The IRS Exempt Organizations Business Master File lists Pierpont Morgan Library with employer identification number (EIN) 13-1624146, located in New York, New York. IRS EO Business Master File
- IRS foundation code 15 for Pierpont Morgan Library: Organization that receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi). IRS EO Business Master File
- The IRS master file also lists the secondary name line "The Morgan Library & Museum" for EIN 13-1624146 (used for trade names, chapter names or local numbers). IRS EO Business Master File
- IRS deductibility code 1 for Pierpont Morgan Library: Contributions are deductible. IRS EO Business Master File
- The IRS master file assigns Pierpont Morgan Library the National Taxonomy of Exempt Entities (NTEE) code B700: Education, Libraries. IRS EO Business Master File
- IRS filing requirement code 01 for Pierpont Morgan Library: 990 (all other) or 990EZ return. IRS EO Business Master File
- Pierpont Morgan Library's accounting period (fiscal year) ends in March, according to the IRS master file. IRS EO Business Master File
- The IRS Form 990 series e-file data released in 2026 includes a Form 990 from Pierpont Morgan Library for the tax period ending March 2025. IRS Form 990 e-file data
- On its Form 990 for the tax period ending March 2023, Pierpont Morgan Library reported total revenue $23,737,274, total expenses $31,437,927, net assets or fund balances at year end $367,020,735. IRS SOI Form 990 extracts
- Revenue lines on the Form 990 for the tax period ending March 2023: contributions, gifts and grants $10,537,116 (Part VIII, line 1h); program service revenue $4,172,414 (Part VIII, line 2g); investment income $21,664,164 (Part VIII, line 3); total revenue $23,737,274 (Part VIII, line 12). IRS SOI Form 990 extracts
- On its Form 990 for the tax period ending March 2021, Pierpont Morgan Library reported total revenue $25,823,209, total expenses $22,832,553, net assets or fund balances at year end $396,678,218. IRS SOI Form 990 extracts
- On its Form 990 for the tax period ending March 2022, Pierpont Morgan Library reported total revenue $59,153,120, total expenses $26,123,983, net assets or fund balances at year end $395,559,384. IRS SOI Form 990 extracts
- Balance sheet at the end of the tax period ending March 2023 (Form 990, Part X): total assets $386,483,637, total liabilities $19,462,902, net assets or fund balances $367,020,735. IRS SOI Form 990 extracts
- Pierpont Morgan Library reported 237 employees on Form W-3 for calendar year ending with or within the tax period ending March 2023 (Form 990, Part V, line 2a). IRS SOI Form 990 extracts
- On the Form 990 for the tax period ending March 2023, Pierpont Morgan Library reported 26 individuals who received more than $100,000 of reportable compensation from the organization (Part VII, line 2). IRS SOI Form 990 extracts