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Designed by noted architect Grosvenor Atterbury and constructed in 1897 in downtown Southampton at 25 Jobs Lane, the Museum was incorporated the following year as the Art Museum of Southampton.
After his death in 1932, the collection and building were bequeathed to the Village of Southampton but, without Parrish's guiding vision, the Museum ceased to thrive.
The library was acquired for $1.1 million from more than $3 million donated by Carroll Petrie for the acquisition and renovations. It 2000 it acquired the neighboring Rogers Memorial Library for an annex after the library moved to a new building on the edge of town.
In 2005 the Museum purchased a 14-acre (57,000 square meter) site in Water Mill, New York for $3.8 million on the site of a former tree nursery immediately adjacent to the Duck Walk Vineyards winery 2.3 miles (3.7 km) from the original location on Jobs Lane, Southampton.
In 2012 as part of the move to Water Mill the library was sold for $2.875 to Ajax Holding LLC., which has plans to convert the building commercial space and to also restore it.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| New Britain Museum of American Art | 1903 | $4.5M | 30 | - |
| The Phillips Collection | 1921 | $16.6M | 20 | 7 |
| Whitney Museum of American Art | 1930 | $89.8M | 396 | 62 |
| National Museum of Women in the Arts | 1981 | $16.5M | 110 | - |
| Museum of Arts and Design | 1956 | $10.7M | 45 | - |
| New Museum | 1977 | $24.3M | 50 | - |
| The Museum of Modern Art | 1929 | $19.0M | 50 | - |
| Guggenheim Museum | 1937 | $61.0M | 750 | - |
| The Art Institute of Chicago | 1866 | $51.0M | 50 | 3 |
| CityDance | 1996 | $5.0M | 6 | - |
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Parrish Art Museum may also be known as or be related to Art Parrish Museum Inc, Parrish Art Museum and THE PARRISH ART MUSEUM INC.