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Nonprofiteer
← SWISS INSTITUTE

Form 990 for tax year 2025

Filed by SWISS INSTITUTE.

Totals

Total revenue
$4,198,232
Total expenses
$5,011,921
Contributions and grants received
$4,193,659
Grants paid
$303,333
Program service revenue
$0
Investment income
$9,695
Other revenue
-$5,122
Total assets, end of year
$2,842,222
Total liabilities, end of year
$3,090,872
Net assets or fund balances, end of year
-$248,650
Program services expenses (Part IX)
$3,618,653
Management and general expenses
$652,398
Fundraising expenses
$740,870
Program service expenses (Part III)
$3,618,653

Program services were 72.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $1,253,102

  • 1e · Government grants (contributions)

    $713,565

  • 1f · All other contributions, gifts and grants

    $2,226,992

  • 3 · Investment income

    total $9,948 · excluded $9,948

  • 6a · Gross rents

    real property $17,000

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $17,000

  • 6d · Net rental income or loss

    total $17,000 · excluded $17,000

  • 7a · Gross sales of assets other than inventory

    securities $1,115,400

  • 7b · Less cost or other basis and sales expenses

    securities $1,115,653

  • 7c · Gain or loss

    securities -$253

  • 7d · Net gain or loss

    total -$253 · excluded -$253

  • 8a · Fundraising events: gross income

    $72,020

  • 8a · Fundraising events: contributions included on line 1c

    $1,253,102

  • 8b · Fundraising events: direct expenses

    $177,021

  • 8c · Net income from fundraising events

    total -$105,001 · excluded -$105,001

  • 10a · Gross sales of inventory

    $26,912

  • 10b · Cost of goods sold

    $13,911

  • 10c · Net income from sales of inventory

    total $13,001 · excluded $13,001

  • 11d · All other revenue

    total $69,878 · excluded $69,878

  • 11e · Other revenue, total

    $69,878

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $303,333 · program services $303,333

  • 5 · Compensation of officers, directors and key employees

    total $225,932 · program services $180,746 · management and general $22,593 · fundraising $22,593

  • 7 · Other salaries and wages

    total $1,052,874 · program services $627,715 · management and general $180,258 · fundraising $244,901

  • 9 · Other employee benefits

    total $119,097 · program services $72,175 · management and general $19,982 · fundraising $26,940

  • 10 · Payroll taxes

    total $107,477 · program services $67,707 · management and general $17,132 · fundraising $22,638

  • 11b · Fees: legal

    total $4,008 · management and general $4,008

  • 11c · Fees: accounting

    total $125,800 · management and general $125,800

  • 11g · Fees: other

    total $260,844 · program services $196,540 · management and general $9,177 · fundraising $55,127

  • 12 · Advertising and promotion

    total $3,214 · program services $3,214

  • 13 · Office expenses

    total $48,680 · program services $9,324 · management and general $39,125 · fundraising $231

  • 16 · Occupancy

    total $1,259,366 · program services $1,138,371 · management and general $120,995

  • 17 · Travel

    total $233,077 · program services $64,290 · management and general $8,710 · fundraising $160,077

  • 19 · Conferences, conventions and meetings

    total $200,515 · fundraising $200,515

  • 20 · Interest

    total $56,312 · management and general $56,312

  • 22 · Depreciation, depletion and amortization

    total $288,605 · program services $259,744 · management and general $28,861

  • 23 · Insurance

    total $40,518 · program services $27,012 · management and general $13,506

  • 24a · Other expenses: EXHIBITION EXPENSES

    total $538,886 · program services $538,886

  • 24b · Other expenses: BOOK PRODUCTION

    total $66,348 · program services $66,348

  • 24c · Other expenses: PUBLIC PROGRAMMING

    total $39,777 · program services $39,777

  • 24e · All other expenses

    total $37,258 · program services $23,471 · management and general $5,939 · fundraising $7,848

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $469,591 · end of year $728,762

  • 2 · Savings and temporary cash investments

    beginning of year $2 · end of year $2

  • 3 · Pledges and grants receivable

    beginning of year $1,664,334 · end of year $795,245

  • 4 · Accounts receivable

    beginning of year $46,212 · end of year $38,372

  • 8 · Inventories for sale or use

    beginning of year $13,911 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $115,514 · end of year $160,059

  • 10a · Land, buildings and equipment: cost or other basis

    $4,465,452

  • 10b · Land, buildings and equipment: accumulated depreciation

    $4,359,052

  • 10c · Land, buildings and equipment, net

    beginning of year $382,015 · end of year $106,400

  • 12 · Investments: other securities

    beginning of year $924,110 · end of year $231,419

  • 15 · Other assets

    beginning of year $1,299,931 · end of year $781,963

  • 17 · Accounts payable and accrued expenses

    beginning of year $433,722 · end of year $308,706

  • 19 · Deferred revenue

    beginning of year $0 · end of year $11,072

  • 22 · Loans and payables to officers and key people

    beginning of year $100,000 · end of year $100,000

  • 23 · Secured mortgages and notes payable

    beginning of year $1,960,470 · end of year $1,910,287

  • 25 · Other liabilities

    beginning of year $1,913,875 · end of year $760,807

  • 27 · Net assets without donor restrictions

    beginning of year -$182,459 · end of year -$1,016,658

  • 28 · Net assets with donor restrictions

    beginning of year $690,012 · end of year $768,008

Mission and programs · 2025

Mission

SWISS INSTITUTE (SI) IS AN INDEPENDENT NON-PROFIT CONTEMPORARY ART INSTITUTION DEDICATED TO PROMOTING FORWARD-THINKING AND EXPERIMENTAL ART MAKING THROUGH INNOVATIVE EXHIBITIONS, EDUCATION, AND PROGRAMS.

  • PROMOTING FORWARD-THINKING AND EXPERIMENTAL ART MAKING THROUGH INNOVATIVE EXHIBITIONS AND PROGRAMS. (SEE SCHEDULE O FOR ACTIVITY DETAIL)

    Expenses $3,618,653 · Grants $303,333

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Stefanie Hessler

    DIRECTOR

    Total calculated
    $225,932
    From this org
    $209,156
    From related orgs
    $0
    Other
    $16,776
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $189,156
    Bonus
    $20,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $16,776
    Filer's total
    $225,932
  • Maja Hoffmann

    PRESIDENT OF THE BOARD OF TRUSTEES

    Total calculated
    $0
    Hours/week
    1
  • Michael Ringier

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • David Allemann

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Olivier Audemars

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Daniel Baumann

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Philippe Bertherat

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Francesco Bonami

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Monique Burger

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Simon Castets

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Bice Curiger

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Yan Du

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Latifa Echakhch

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Alexandra Economou

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • John Garcia

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Florian Gutzwiller

    TRUSTEE (THRU JULY)

    Total calculated
    $0
    Hours/week
    1
  • Sam Keller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Dominique Levy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Christian Marclay

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Richard Phillips

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Iwan Wirth

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Peggy Yeoh

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Nicolas Party

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mojdeh Pishyar

    DIRECTOR OF PARTNERSHIPS

    Total calculated
    $129,132
    From this org
    $112,525
    From related orgs
    $0
    Other
    $16,607
    Hours/week
    40
  • Malaika Langa

    ASSOCIATE DIRECTOR

    Total calculated
    $134,106
    From this org
    $118,130
    From related orgs
    $0
    Other
    $15,976
    Hours/week
    40
  • Thymaya Payne

    DIRECTOR OF ADVANCEMENT

    Total calculated
    $141,082
    From this org
    $125,156
    From related orgs
    $0
    Other
    $15,926
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2025
Filed
16 September 2026
IRS schema version
2025v4.2
Source object
202622599349301902

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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