The Museum of Modern Art is located on Fifth Avenue in New York City. The organization is private non-profit established in motivation to show modern art unlike traditional museums. Miss Lillie P. Bliss, Mrs. Cornelius J. Sullivan, and Mrs. John D. Rockefeller, Jr., in 1929 established this organization committed to modern art that opposed traditional museums. Alongside the original administrators they formed The Museum of Modern Art. The director Alfred H. Barr, Jr. expected the Museum’s mission to be helping individuals comprehend and appreciate art of the time, being “the greatest museum of modern art in the world”. All mediums of art are shown currently. The Museum keeps up a dynamic group of present day and contemporary art in a variety of topics, mediums, and eras. The Museum is devoted as an instructive foundation that gives programs that to help both the overall population and uncommon portions in understanding modern contemporary art. In addition they offer activities for parents, teachers, families, students, preschoolers, bilingual visitors, and people with special needs.Today, The Museum of Modern Art and MoMA PS1 accommodate millions of visitors every year. MoMa and PS1 combined creating a partnership in which they benefited in creating broader collections, exhibitions, educational programs, and administration. Many are provided for by MoMA’s national and international programs of circulating exhibitions, loan programs, circulating film and video library, publications, Library and Archives holdings, websites, educational activities, special events, and retail sales. They now focus on serving the public rather than the elite as it did in the past. Currently MoMa’s mission is to, “celebrate creativity, openness, tolerance, and generosity. We aim to be inclusive places—both onsite and online—where diverse cultural, artistic, social, and political positions are welcome. We’re committed to sharing the most thought-provoking modern and contemporary art, and hope you will join us in exploring the art, ideas, and issues of our time.” MoMa’s budget is $125 million as of 2013, and its endowment is 870 million. The two main sources of revenue are monies from visitors and private funding. The gallery space is approximately 125,000 square feet, and as of 2007 there are 815 employees. Approximately 2.8 million people visited MoMA as of 2016. People of all ages from different countries come to enjoy the most important pieces of Modern Art. Two challenges MoMa faces is uncertainty of federal funding and loss of employees. The director of MoMa, Glenn Lowry explains that even though there is an culture of individual support for the arts there is not the same culture of federal support for the arts. He recounts that MoMa is lucky for its location where there are many locals and tourists who desire to visit, but there is a level of uncertainty. Lowry explains that there is no guarantee, the support they have one day may not be the same the next.In addition, MoMa lost workers due to expansion. MoMa created a $400 million-plus expansion plan that is due to be finished 2019. Due to this expansion parts of the museum will be closed for certain times during its renovation, causing less attendance and income. In affect MoMa had to shorten staff because of less demand and less open. Although MoMa’s funding is abundant allowing them to complete its renovation.