Architecture & Design Museum / Annual Report 2025

AnnuAl Report 2025

Architecture & Design Museum

Annual Report 2025

Message from Leadership

1 TOWARDS A NEW FUTURE

Creations by fashion designer Sofia Ilmonen were presented at the museum in the 2025 exhibition Formations.

CONTENTS

The Architecture & Design Museum Helsinki presents classics of Finnish architecture and design alongside leading contemporary practitioners. Through immersive exhibitions and events, as well as the shop and café, visitors are invited to experience, learn, and engage.

Currently located at Korkeavuorenkatu 23 in Helsinki, the museum will move in 2030 to a new home that forms part of the nationally significant maritime landscape of Helsinki’s South Harbour.

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Photo: Anni Koponen

1. Message from Leadership 2 2. Year in Review 3 3. Operations 5 4. Impact 7 5. Outlook 9 6. A New Home for the Museum 11 7. Organisation 13 8. Moving Forward Together 16 9. Key Figures 17 10. Funders and Partners 18

The Foundation for the Finnish Museum of Architecture and Design is responsible for establishing the new museum and raising funds for the project. The Foundation additionally owns Finland’s national collections of design and architecture. Its subsidiary, AD Museum Ltd, is responsible for operating the Architecture & Design Museum as Finland’s national specialist museum, both now and in the future. The new museum building will be developed by Kiinteistö Oy ADM, a real estate company jointly established by the City of Helsinki and the Finnish State.

Last year was marked by major changes and significant milestones.

The key goals set for the journey towards the new Museum of Architecture and Design were achieved.

The project to establish the new Museum of Architecture and Design began in spring 2021.

Five years later, it has progressed significantly.

A foundation has been established as the museum’s parent organisation, and a real estate company has been created to oversee the building process. The Museum of Finnish Architecture and the Design Museum have been merged into a single institution.

In 2025, we reached our €150 million capital target through donation commitments.

In September, the winning proposal for our new museum building was announced, with the building scheduled for completion in Helsinki’s South Harbour in 2030. The competition and the wider project received extensive and highly positive attention in both Finnish and international media.

Further development of the winning proposal is now underway, alongside continued planning and development of the Makasiiniranta area in close collaboration with stakeholders.

The Architecture & Design Museum’s new Director, Pilvi Kalhama, took up her position in August.

Together with her team, she is responsible for developing the museum and guiding its operations in preparation for 2030.

As Finland’s national specialist museum for architecture and design, we play an important role

in shaping the field. Through the new museum, we aim to meet leading international standards and strengthen our position in the Nordic region.

During 2025, the project took a decisive step towards becoming a reality. We are committed to sharing this journey transparently. This is the first joint annual report produced by the organisations responsible for delivering the new museum, providing a clear overview of progress toward the realisation of the new Architecture & Design Museum.

We extend our warmest thanks to our 134,000 visitors, our funders, staff, and partners, whose support has made this year’s achievements possible.

We look forward to continuing this successful collaboration.

Kaarina Gould, CEO, Foundation for the Finnish Museum of Architecture and Design; Chair of the Board, AD Museum Ltd (Photo: Paavo Lehtonen) Timo Laitinen, Chair of the Board, Foundation for the Finnish Museum of Architecture and Design (Photo: Katri Lehtola) Mauri Sahi, CEO, Kiinteistö Oy ADM (Photo: Mauri Sahi) Pilvi Kalhama, CEO, AD Museum Ltd; Director, Architecture & Design Museum (Photo: Anni Koponen)

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Architecture & Design Museum

Annual Report 2025

2 YEAR IN REVIEW

3. Venice Architecture Biennale

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One of the museum’s major undertakings of the year was the exhibition presented in the Nordic Pavilion at the Venice Architecture Biennale, realised in collaboration with performance artist Teo Ala-Ruona and their artistic team. Industry Muscle: Five Scores for Architecture became one of the most talkedabout exhibitions of the Biennale.

The museum building project and the Foundation’s fundraising progressed as planned alongside continued development of the museum’s activities.

4. Pilvi Kalhama Appointed Museum Director Photo: Venla Helenius

1. Competition Winner Announced

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The results of the competition for the design of the new Museum of Architecture and Design were announced in September. Kumma, the proposal submitted by JKMM Architects, was the unanimous choice of the jury.

5. State Visit to the Museum

Photo: Anni Koponen

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2. €150 Million Capital Target Reached A minimum endowment target of €150 million was set for the Foundation. The City of Helsinki and the Finnish State each committed €60 million, conditional upon securing at least €30 million in private donation commitments. This target was reached in November, enabling the Foundation to draw down the final capital instalments from the City and the State.

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Pilvi Kalhama, appointed in January as the new Museum Director and CEO of the company responsible for museum operations, took up her position in August.

Photo: Anni Koponen

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Visualisation: JKMM

The Architecture & Design Museum was one of the official destinations during the state visit of the President of Iceland. The presidential couples of Finland and Iceland visited the exhibition Winner!, which presented the results of the competition for the museum’s new building.

6. Diverse Exhibition Programme

Photo: Nathalie Vaittinen

Among the year’s highlights was an exhibition celebrating the legacy of textile art pioneer Maija Lavonen. Autumn marked the opening of Escape to Moominvalley, an in-depth exploration of Tove Jansson, the Moomins, and their relationship to the built environment and design.

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Architecture & Design Museum

Operations

3 ARCHITECTURE AND DESIGN FOR EVERYONE The Architecture & Design Museum produces programs and services that bring together the perspectives of both fields.

In 2025, the museum focused particularly on internationalisation, interdisciplinary collaboration, and digital services. Significant investments were also made in collection preservation and digital operations as part of wider organisational reforms, alongside adjustments required by the transition to a new phase.

National Expert in Cultural Heritage The Architecture & Design Museum is designated as a national specialist museum under the Finnish Museums Act. Serving audiences, professionals, and stakeholders throughout Finland, it advances cultural heritage work and collaboration between museums, provides national expertise in its field, and promotes the preservation and digital accessibility of cultural heritage.

In 2025, access to the collections was improved through initiatives including a pilot project devoted to the mass digitisation of collection materials in both text and image formats. Funded by the Ministry of Education and Culture, the Best Practices and Roadmap for Mass Digitisation project digitised approximately 15,000 images relating to Finnish architectural competitions and produced dedicated PDF compilations for

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each competition. Continuing into 2026, the project will deliver a comprehensive public information resource on the history of architectural competitions, together with a roadmap to support other large-scale digitisation initiatives.

Another development project launched in 2025, funded by the Promotion Centre for Audiovisual Culture, focused on creating a new digital publishing model integrating digital content with new forms of storytelling on the museum’s website.

A Diverse Exhibition Programme In 2025, the Architecture & Design Museum opened six exhibitions and realised the exhibition for the Nordic Pavilion at the 19th International Architecture Exhibition – La Biennale di Venezia.

Exhibitions featuring the collections of the former Museum of Finnish Architecture and Design Museum were also on view for their final year.

Maija Lavonen – Quietly Monumental presented the work of the pioneering textile artist Maija Lavonen on an exceptional scale. The exhibition drew on a significant archive donated to the museum by Lavonen’s estate in 2023.

Marie-José Van Hee – From Sun and Wind to Paint on explored the work of the Belgian architect Marie-José Van Hee, with a particular focus on the private residence HdF House. The exhibition marked Van Hee’s receipt of the Alvar Aalto Medal in 2024.

Industry Muscle: Five Scores for Architecture, presented at the Nordic Pavilion of the Venice Architecture Biennale, saw performance artist Teo Ala-Ruona and collaborators examine the contemporary built environment through the lens of the trans body. The exhibition was supported by the Ministry of Education and Culture and realised in collaboration with the National Museum of Norway and ArkDes.

Annual Report 2025

Operations

Stop the Wrecking Ball challenged audiences to reconsider current demolition practices by presenting alternative approaches to architectural preservation. Created by Maire Mattinen, Pekka Saatsi, Jonni Roos and Paula Holmila, the exhibition formed part of a national campaign against unnecessary demolition.

Winner! presented the winning proposal and finalists of the museum’s design competition.

Through an immersive digital experience, visitors were invited to explore the future museum and contribute ideas for its development.

Formations, an exhibition exploring the modular clothing of fashion designer Sofia Ilmonen, was presented as part of the Fashion in Helsinki programme. Following strong public interest, the exhibition was extended and made free to the public.

Escape to Moominvalley offered new perspectives on the relationship between artist and author Tove Jansson, the Moomins, architecture, the built environment, and design. The exhibition brought together works by contemporary designers, artists, and architects alongside themes from the Moomin stories related to shelter, safety, and the meaning of home in an unpredictable world.

PUBLIC ENGAGEMENT INVITES PARTICIPATION

COLLECTIONS AND RESEARCH

The museum’s learning, community engagement, and visitor services support diverse audiences in experiencing, understanding, appreciating and interpreting architecture and design, while also encouraging active participation. These services are delivered through various activities such as guided tours, audio guides, workshops and architecture walks. The museum also offers educational materials, learning environments, public programmes, and events for a wide range of audiences, including school visits and summer schools for children and young people.

A large-scale reorganisation of the museum’s collection storage facilities is underway. Collection storage will be consolidated into a single property in Vantaa, replacing three separate facilities. The project will improve storage conditions, collection management, and operational processes. It may cause temporary delays in services, but will enable the museum to serve its users more effectively in the future.

Research activities during the year focused on developing publication formats and preparing future projects, including exhibition content for the new museum.

SUCCESSFUL SHOP RENEWAL The renewal of the museum shop carried out during 2025 successfully combined commercial objectives with an enhanced visitor experience. The project achieved its goals: a growing proportion of visitors made purchases, sales increased, and the commercial offering became a more integrated and engaging part of the overall museum experience.

THE ARCHITECTURE AND DESIGN COLLECTIONS INCLUDE:

75,000 OBJECTS 550,000 drAwings 280,000 pHotogrApHs 850 scAle models 6

Architecture & Design Museum

Impact

In 2025, the Architecture & Design Museum welcomed over 134,000 visitors and engaged more than 18,500 participants in its events, and achieved extensive international media visibility.

specific events for children and their families.

These activities introduced architecture and design through play, sensory experiences, and collaborative making.

Creating the Future

International Media Attention

The mission of the Architecture & Design Museum is grounded in the belief that creativity can help shape a better world. This idea guides our work in building the future at a time of rapid and farreaching change. Through its exhibitions and programmes, the museum raises current issues in an open and accessible way, inviting everyone to reflect on the future and shape it together.

Throughout the year, the museum achieved extensive positive visibility in both Finnish and international media. Coverage focused particularly on the architectural competition for the new museum building and the Venice Architecture Biennale, the world’s most important international exhibition in the field of architecture.

Visitor Experience In 2025, the museum’s exhibitions and events held at its venues attracted a total of 134,315 visitors.

Overall visitor numbers across these venues increased by approximately 15 per cent on the previous year.

During the year, the museum organised 1,083 public events, including guided tours, workshops, lectures and family activities. Events took place at the museum, elsewhere in the city, and online. Offsite programming included architecture walks in neighbourhoods across Helsinki. Altogether, these events attracted 18,500 participants.

As part of the City of Helsinki’s Culture Kids programme, the museum offered free, age-

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The museum monitors visitor experience using the Net Promoter Score (NPS), which reflects visitors’ willingness to recommend the museum to others.

The score has remained consistently high year after year. In 2025, the NPS for public engagement activities reached 78 (2024: 65).

At the Biennale, the museum was responsible for the exhibition at the Nordic Pavilion, jointly commissioned by Finland, Sweden and Norway.

Industry Muscle – Five Scores for Architecture, created by performance artist Teo Ala-Ruona and an international multidisciplinary team, engaged a broad audience among the Biennale’s approximately 300,000 visitors and received extensive international media coverage. The Nordic Pavilion was also featured in a documentary on the Biennale by BBC Reel. The exhibition generated 42 media mentions, reaching an estimated audience of 186 million readers.

The results of the competition for the new Museum of Architecture and Design, announced in September, generated more than 105 international media articles, reaching an estimated readership of 2.44 million.

Photo: Anni Koponen

4 A MUSEUM SHAPING THE WORLD

Halla Tómasdóttir, President of Iceland, and Alexander Stubb, President of Finland, visited the Winner! exhibition together with their spouses. The exhibition presented the design competition for the new museum.

134,315 museum visits

78

Public engagement NPS

“

International communications generated

147 media mentions, and an estimated reach of

188.44 million readers

I arrived at the museum utterly exhausted and left feeling refreshed!”

Visitor feedback

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Outlook

5 LOOKING AHEAD

as a collaborative effort between JKMM Architects, the museum’s user groups, and a broad range of experts. Zoning work is progressing in cooperation with the City of Helsinki and the neighbouring Saaret development project.

The competition for the new Museum of Architecture and Design concluded in autumn 2025. The next phase in developing the winning proposal began immediately after the announcement of the results

The museum’s strategy will be renewed in spring 2026. The new strategy will guide the development of museum operations and spaces in preparation for the opening of the new museum.

Fundraising efforts are continuing towards the next goal with the Supporters campaign. Launched in 2025, the campaign seeks to raise €10–15 million to enable the opening of the new museum.

2027

Announcement of the winning competition proposal – 09/2025 Further development of the winning proposal, permits, and zoning

Upcoming Exhibitions and Initiatives Escape to Moominvalley

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Aalto Design – Shapes of Wellbeing Juha Vehmaanperä: Craft Punk

Opening of the museum’s pop-up venue at Eteläranta 6

The Foundation also ensures that the museum’s board benefits from strong and diverse expertise, supporting both day-to-day operations and the longterm development of the new museum. In addition, the Foundation maintains ongoing dialogue with museum leadership about the new museum.

The Foundation manages its investments with a long-term perspective that supports the goals of the new museum, while also safeguarding and developing its valuable museum collections.

Visualisation: JKMM

Visualisation: JKMM

Photo: Anni Koponen

Developing Museum Operations

2026

The Foundation supports AD Museum Ltd in advancing the museum’s long-term goals. It funds the museum’s public-interest cultural heritage work, with particular emphasis on developing the collections owned by the Foundation and improving their accessibility.

The Next Phase of Fundraising: The Supporters Campaign

The New Museum Project Moves Forward

Museum operations and long-term development continue side by side.”

Foundation’s Support as a Cornerstone

Commercial services and business activities within the museum premises are also being developed to strengthen the museum’s self-generated income.

The foundation aims to strengthen the museum’s local, Nordic, and international impact through communications and stakeholder engagement, while also building public support for the new museum.

2025

“

Programming is being planned with both Finnish and international audiences in mind. Opening in June, the exhibition Aalto Design – Shapes of Wellbeing will explore themes of wellbeing in the work of Alvar Aalto, Aino Aalto, and Elissa Aalto.

The museum will also pilot a new publishing model designed to bring digital content and storytelling to audiences through the museum website.

The construction project is managed by the real estate company Kiinteistö Oy ADM, with the foundation and the museum representing the future users of the building. The aim is to create an architecturally ambitious and welcoming building that meets the future needs of museum operations and commercial activities, while also setting a benchmark for sustainable construction. Close cooperation between the foundation, the museum, and the real estate company ensures that the interests of stakeholders and funders are reflected in the ongoing design and decision-making processes.

The new Museum of Architecture and Design aims to become a vibrant cultural institution with strong international standing.

Annual Report 2025

Outlook

2028

2029

Laying of the Museum foundation construction stone phase

Launch of the museum’s new name and brand

Visualisation: Mir

Architecture & Design Museum

2030 Relocation to the new building

Opening of the new museum

New collection exhibition and new public services floor

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Architecture & Design Museum

Construction Project

6 A NEW HOME FOR THE MUSEUM JKMM Architects won the architectural competition for the new museum building, with Samuli Miettinen as lead architect.

The Design Competition Concluded in September The design competition for the museum’s new building began in April 2024. The open, international, two-stage competition sought a highquality architectural solution for Helsinki’s South Harbour. A total of 624 proposals were submitted, five of which advanced to the second stage.

The competition was organised by Kiinteistö Oy ADM in collaboration with the Foundation for the Finnish Museum of Architecture and Design, the Finnish Association of Architects SAFA, and the City of Helsinki. The jury consisted of a broad group of Finnish and international experts in architecture, design, sustainable construction, museum practice, and urban planning.

The competition concluded on 11 September 2025, with Kumma, the proposal submitted by JKMM Architects, announced as the winner. The proposal fulfils the museum’s functional and qualitative objectives and lends itself to further development within the project’s financial framework and in line with its environmental targets.

Three additional prizes were awarded, one proposal was purchased, and 16 honourable mentions were given. Winner!, an exhibition presenting the results of the design competition, opened at the Architecture & Design Museum in October, offering the public an opportunity to explore and engage with the future museum.

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“

In the geometry of our proposal, I see flowers. And I hope they may bloom.

I hope they may bring renewal and a sense of hope. And I hope they may help our shared culture flourish. And I hand these flowers over to you.”

Architect Samuli Miettinen at the announcement of the competition results on 11 September 2025

The Project Moves Towards Realisation In autumn 2025, Kiinteistö Oy ADM — jointly owned by the City of Helsinki and the Finnish State — decided to proceed with the next design phase of the project and entered into design agreements with JKMM Architects and the other key design teams. In 2026, the project will move into the implementation planning phase. The targeted schedule is for the museum to open towards the end of 2030.

A site has been reserved for the new museum in the Makasiiniranta waterfront area. The local detailed plan proposal for the museum building was approved by Helsinki’s Urban Environment Committee in November 2025. The aim is for the plan to proceed to the City Council for approval in June 2026 and for it to gain legal validity in August 2026. Planning for the museum project is progressing in parallel with the wider development of the Makasiiniranta area.

New Museum of Architecture and Design

Architect: JKMM Architects Lead architect: Samuli Miettinen Size: approximately 10,000 m² Target visitor numbers: approximately 500,000 annually

Visualisation: JKMM

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Architecture & Design Museum

Organisation

7 THREE ORGANISATIONS, ONE SHARED GOAL

GOVERNANCE AND FUNDING MODEL

Founding Partners Foundations and Funds Total capital donations of at least €30 million to the Foundation

The new Museum of Architecture and Design is being developed as a broad-based collaborative project in Helsinki’s South Harbour.

The Foundation’s founding partners — the City of Helsinki and the Finnish State — each appoint one member to the board. Otherwise, the board is self-governing in accordance with the foundation’s statutes.

A Corporate Structure Enables Agility The organisational model ensures that the future museum can serve its audiences effectively, with clearly defined and complementary roles for each actor. The structure comprises the Foundation for the Finnish Museum of Architecture and Design, its subsidiary AD Museum Ltd, and Kiinteistö Oy ADM, which was established to deliver the building project.

The organisations are united by a shared goal: creating a new home for architecture and design.

The Foundation oversees funding and the museum’s mission, while AD Museum Ltd is responsible for operations, and Kiinteistö Oy ADM delivers the physical framework. Together, they form a structure that will support the project from its development phase well into the future. Collaboration is further strengthened by a joint steering group appointed by the City of Helsinki and the Finnish State, presented in Section 8: Moving Forward Together.

The Foundation Steers the Mission The Foundation for the Finnish Museum of Architecture and Design, together with its endowment capital and donated national collections of architecture and design, forms the backbone of the project. As an independent non-profit organisation, the Foundation defines the direction of the museum’s mission and ensures that the project advances in line with its strategic objectives.

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The Foundation’s subsidiary, AD Museum Ltd, is responsible for operating the Architecture & Design Museum, including its daily operations, public engagement activities, and the development of content and services. The museum also coordinates communications across the wider project partnership and manages, develops, and maintains the collections owned by the Foundation.

The limited company structure ensures operational flexibility and agility.

Kiinteistö Oy ADM Delivers the Framework Jointly owned by the City of Helsinki and the Finnish State, Kiinteistö Oy ADM is responsible for the development and construction of the museum building.

The company oversees the further development of the winning competition proposal and the implementation of the project. Cooperation between the Foundation and the real estate company is seamless, ensuring that both the building and the museum’s activities are conceived from the outset as a unified whole with a sustainable long-term lifecycle, including economic sustainability.

Annual Report 2025

Organisation

Museum Founders City of Helsinki €60 million endowment gift to the Foundation; Investment in the museums’s building site; initial capitalisation for the real estate company.

Finnish State €60 million endowment gift to the Foundation; annual State grants to the museum; initial capitalisation for the real estate company.

Foundation for the Finnish Museum of Architecture and Design (established 2022) Responsible for establishing the museum and managing endowment capital and collections.

Kiinteistö Oy ADM (established 2022) Responsible for developing and constructing the new museum building.

AD Museum Ltd (established 2023) Responsible for operating the museum’s activities and services.

Tenant of the new museum building.

New Museum Building Design competition 2024–2025, estimated opening in 2030.

Board of the Foundation for the Finnish Museum of Architecture and Design • Chair Timo Laitinen • Vice Chair Anne Korkiakoski • Mikko Aho, Architect SAFA • Stefan Björkman, CEO, Föreningen Konstsamfundet r.f. (until 22 April 2025) • Jannica Fagerholm, CEO, Signe and Ane Gyllenberg Foundation (from 22 April 2025) • Pauli Kariniemi, Director General, Financial Markets Department, Ministry of Finance • Juha Lemström, Architect SAFA (until 22 April 2025) • Susanna Pettersson, CEO, Finnish Cultural Foundation • Anna Valtonen, Rector, Konstfack • Merja Ylä-Anttila, Media Executive Emerita (from 22 April 2025)

Board of AD Museum Ltd • Chair Kaarina Gould, CEO, Foundation for the Finnish Museum of Architecture and Design • Vice Chair Pauli Sivonen, Museum Director, Serlachius • Laura Aalto, Communications Director, Aalto University

• Heli Lehtonen, Director of Administration and Finance, Metsähallitus • Jemina Vainikka Lindholm, Public Engagement Coordinator, Architecture & Design Museum; Staff Representative (until 31 December 2025) • Jenni Reuter, Architect and Professor, Aalto University • Mikael Silvanto, Chief Design Officer, Oura (until 29 August 2025) • Petri Tervonen, Business Director, Consumer Products, Berner • Katri Viippola, Director of HR, Communications and Sustainability, Kojamo (until 15 October 2025)

Board of Kiinteistö Oy ADM • Chair Juha Lemström, Architect SAFA • Vice Chair Mikko Aho, Architect SAFA • Juha Ahonen, Director, Culture and Leisure Division, City of Helsinki • Seidi Kivisyrjä, Head of Housing Production, Urban Environment Division, City of Helsinki • Jukka Kumara, M.Sc. (Tech.) (from 4 June 2025) • Miika Kotaniemi, Director of Property Investment, RAKLI (until 4 June 2025) • Tero Meltti, Senior Ministerial Adviser, Ministry of Finance

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Architecture & Design Museum

8 MOVING FORWARD TOGETHER

ORGANISATIONS BEHIND THE MUSEUM PROJECT

Foundation for the Finnish Museum of Architecture and Design

Architecture & Design Museum / AD Museum Ltd

Building project developer Kiinteistö Oy ADM

Kaarina Gould CEO

Pilvi Kalhama Museum Director and CEO

Mauri Sahi CEO

Erika Anu Kauppi Parvikoski Director of AdministraDevelopment tive Manager

Annual Report 2025

Governance and organisation

Nathalie Vaittinen Executive Assistant

Service Areas Finance and Administration

Museum Experience, Communications, and Brand (32 staff)

Content (20 staff)

Business Operations (4 staff)

Museum Productions (13 staff)

Elisa Laitinen Director of Finance and Administration, CFO (from 4 August 2025)

Saara Suojoki Director of Communications and Brand, CCO (from 1 March 2026)

Carson Chan Director of Curatorial Affairs, Chief Curator (from 1 January 2026)

Hanna Mutanen Business Director

Carina Jaatinen Director of Operations

Emmi Jouslehto Director of Digital Transformation

Suvi Saloniemi Head of Exhibitions

Terhi Koivusaari Shop Manager

Aino Pisilä, Head of Technical Services

Minna Moberg Head of Customer Service ​

Petteri Kummala Head of Research and Publications Arja-Liisa Kaasinen Head of Learning and Engagement

Susanna Thiel Senior Collections Specialist

The Architecture & Design Museum Cooperation Group In 2025, the Ministry of Education and Culture and the City of Helsinki established a cooperation group tasked with advancing the museum project and strengthening collaboration between the parties involved in its preparation.

Chairs • Kirsti Laine-Hendolin, Director of Shared Services, City of Helsinki (until 11 September 2025) • Reetta Heiskanen, Director, Helsinki City Museum (from 9 October 2025) • Päivi Salonen, Senior Adviser for Cultural Affairs, Ministry of Education and Culture Members and Deputy Members • Markku Inkeroinen, Specialist, Ministry of Education and Culture • Deputy member: Ulla Mäkeläinen, Ministerial Adviser, Ministry of Education and Culture • Taina Eckstein, Budget Adviser, Ministry of Finance • Deputy member: Pauliina Pekonen, Senior Financial Adviser, Ministry of Finance • Rikhard Manninen, Director of Land Use, City of Helsinki

• Outi Säntti, Area Development Manager, City of Helsinki • Deputy member: Maria Nyfors, City Secretary • Mikko Aho, Vice Chair, Kiinteistö Oy ADM • Deputy member: Juha Lemström, Chair, Kiinteistö Oy ADM • Kaarina Gould, CEO, Foundation for the Finnish Museum of Architecture and Design • Deputy member and Secretary of the Cooperation Group: Erika Parvikoski, Administrative Manager, Foundation for the Finnish Museum of Architecture and Design

Partners Supporting the Museum’s Work In 2025, the museum’s partners supported development projects relating to programming, digital innovation, and accessibility. Warm thanks for their support and contributions go to the Centenary Foundation of the Finnish Society of Crafts and Design, the Cities of Espoo and Helsinki, the Ministry of Education and Culture, the Jane and Aatos Erkko Foundation, the Promotion Centre for Audiovisual Culture Finland AVEK, Fiskars, Moomin Characters, Novita, Outshine and Tikkurila.

Opening of the exhibition Escape to Moominvalley.

Since 4 August 2025, Pilvi Kalhama has served as CEO of AD Museum Ltd and as Director of the Architecture & Design Museum. Until 31 July 2025, the company’s interim CEO was

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Maija Tanninen-Mattila. In 2025, the company employed a total of 114 staff members.

During 2025, the company prepared the renewal of its organisational structure. The new structure was introduced in stages towards the end of 2025 and fully implemented in spring 2026, when the new directors responsible for content and communications assumed their positions.

Photo: Anni Koponen

Since 2022, the Foundation’s CEO has been Kaarina Gould, who in this role is also responsible for leading the new museum project. In addition to the CEO, the Foundation employed five staff members in 2025.

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Architecture & Design Museum

Key Figures

9 KEY FIGURES The key figures for the 2025 consolidated financial statements of the Foundation for the Finnish Museum of Architecture and Design and its subsidiaries (AD Museum Ltd and Design Museum Shop Ltd*) are presented below.

10 FUTURE MAKERS EUR million 160 120

2025

2024

100

139,488

12,215

60

Consolidated surplus

225

-170

40

Consolidated equity

138,559

8,824

4,425

4,391

€1,000 Total assets of the consolidated balance sheet

Consolidated personnel expenses

Thanks to our founding partners and supporters, the new museum’s delivery was secured in 2025.

Development of the Foundation’s Investment Assets 2024–2025

140

Key Figures of the Foundation Group

Building the New Museum Together

80

20 0

Q4 2024

Q1 2025

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Outlook

The group employed 119 people.

Capitalisation contributions

Design Museum Shop Ltd has had no active operations since 1 January 2024. The company was dissolved through liquidation during the 2025 financial year. *

Change in capital development

AD Museum Ltd Museum Income

00%

Museum Expenditure Government funding, grants and subsidies €4,199,908

22%

14%

52% 12%

7% 49%

Ticket revenue €1,191,088

24%

Other income €1,764,770

Key Figures of Kiinteistö Oy ADM €1,000

2025

2024

Total assets

9,353

6,011

-60

-47

Equity

9,257

5,998

Total expenses

-156

-91

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Programme and collections €592,237 Other expenses €1,570,345 Total €7,974,140

Total €8,130,716

Result for the financial year

Personnel €3,933,372

20%

Property and facilities €1,878,186

rant from the parent G foundation €947,950

Annual Report 2025

Rahoittajat ja kumppanit

The key figures of the organisations behind the museum project – the Foundation, AD Museum Ltd and Kiinteistö Oy ADM – reflect the financial position of the project as preparations for the new museum continue and operations remain at an early stage.

The funders and partners of the new Museum of Architecture and Design form part of a historic community contributing to the growth of Helsinki and strengthening Finland’s international impact.

They are shaping the future by fostering a vibrant urban culture and enhancing Finland’s global profile through architecture and design.

The museum’s founders and founding partners are financing the new museum through capital donations to the Foundation for the Finnish Museum of Architecture and Design. The Foundation’s minimum endowment target is €150 million, of which the founding partners – the City of Helsinki and the Finnish State – have contributed €120 million.

The minimum target of €30 million in private capital donations was reached in November 2025.

“

Seven Finnish foundations and funds participated: • Jane and Aatos Erkko Foundation €20 million • Finnish Cultural Foundation €2 million • Svenska kulturfonden €2 million • Louise and Göran Ehrnrooth Foundation €2 million • Saastamoinen Foundation €1 million • Centenary Foundation of the Finnish Society of Crafts and Design €1 million • Jenny and Antti Wihuri Foundation €1 million

Supporters Enabling the Opening of the New Museum At the end of 2025, the next phase of fundraising was launched through the Supporters campaign.

Its aim is to bring together companies, private individuals, and foundations whose support will help create outstanding facilities and services for the new museum, as well as internationally significant content and programming.

The Supporters initiative invites companies, organisations, and individuals who wish to contribute to a better society through architecture and design.

The financial target of the Supporters campaign is €10–15 million. Contributions may take the form of financial support, products, or services.

The new Museum of Architecture and Design is an exceptionally significant initiative. We want to support a project that strengthens and promotes the international visibility of Finnish design and architecture and their importance to society, culture, and business life. Located in a prime setting, the museum will create new appeal for Helsinki and for Finland as a whole. It is an honour for us to play a part in making this vision a reality.”

Georg Ehrnrooth, Chair of the Louise and Göran Ehrnrooth Foundation

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Korkeavuorenkatu 23 00130 Helsinki Tel. +358 9 6220 540 info@admuseo.fi admuseo.fi

Front and back cover images: JKMM

Founders

Founding Partners