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The New Museum was established by an independent curator Marcia Tucker in 1977.
The New Museum remained there until 1983, when it rented and moved to the first two and a half floors of the Astor Building at 583 Broadway in the SoHo neighborhood.
In 1999, Marcia Tucker was succeeded as director by Lisa Phillips, previously the curator of contemporary art at the Whitney Museum of American Art.
In 2001 the museum rented 7,000 square feet of space on the first floor of the Chelsea Art Museum on West 22nd Street for a year.
In 2003, the New Museum formed an affiliation with Rhizome, a leading online platform for global new media art.
In 2005, the museum was among 406 New York City arts and social service institutions to receive part of a $20 million grant from the Carnegie Corporation, which was made possible through a donation by New York City mayor Michael Bloomberg.
On December 1, 2007, the New Museum opened the doors to its new $50 million location at 235 Bowery, between Stanton and Rivington Streets.
In April 2008, the museum's new building was named one of the architectural New Seven Wonders of the World by Conde Nast Traveler.
On January 24, 2019, eligible employees at the New Museum voted 38-8 to unionize, with a plan to join NewMuU-UAW Local 2110.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Public Art Fund | 1977 | $3.8M | 27 | - |
| The Aldrich Contemporary Art Museum | 1964 | $50.0M | 50 | - |
| Montclair Art Museum | 1914 | $50.0M | 35 | - |
| Museum of Contemporary Art San Diego | 1941 | $50.0M | 3 | 2 |
| Contemporary Arts Museum Houston | 1948 | $10.0M | 47 | - |
| Chrysler Museum of Art | 1933 | $50.0M | 100 | 6 |
| The Museum of Modern Art | 1929 | $19.0M | 50 | - |
| Guggenheim Museum | 1937 | $61.0M | 750 | - |
| Heard Museum | 1929 | $50.0M | 86 | 16 |
| Children's Museum of Phoenix | 2008 | $4.2M | 125 | 2 |
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New Museum may also be known as or be related to New Museum, New Museum Of Contemporary Art, New Museum of Contemporary Art and New Museum of Contemporary Art (inc).