2024-11-15T14:31:00-06:00 2023-12-31 341897225 HILL BARTH & KING LLC 48 S SERVICE RD SUITE 310 MELVILLE NY 11747 990 2023-01-01 133120824 APERTURE FOUNDATION INC APER 2125055555 548 WEST 28TH STREET 4TH FLOOR NEW YORK NY 10001 SARAH MEISTER EXECUTIVE DIRECTOR 5168225000 2024-11-15 1 0 STEVE BANDINI P00035877 5168225000 2024-11-15 2023 2024-10-15 13:58:12Z SARAH MEISTER 548 WEST 28TH STREET 4TH FLOOR NEW YORK NY 10001 10841911 0 X APERTURE.ORG X 1982 NY PUBLICATION OF BOOKS, MAGAZINES, AND MAINTENANCE OF AN ART GALLERY FOR THE PURPOSE OF PROMOTING AN APPRECIATION OF PHOTOGRAPHY & VISUAL ARTS. 26 26 50 0 399007 0 2867403 5490523 548877 626085 10763 37791 3850948 2501633 7277991 8656032 0 0 0 0 3448589 3673323 0 0 1362370 3750698 3856188 7199287 7529511 78704 1126521 15580879 17355144 8903679 9552204 6677200 7802940 PUBLICATION OF BOOKS, MAGAZINES, AND MAINTENANCE OF AN ART GALLERY FOR THE PURPOSE OF PROMOTING AN APPRECIATION OF PHOTOGRAPHY & VISUAL ARTS. 0 0 4776046 PUBLICATION OF BOOKS AND MAGAZINES AND MAINTENANCE OF ART GALLERY FOR THE PURPOSE OF PROMOTING APPRECIATION OF PHOTOGRAPHY AND VISUAL ARTS 4776046 1 1 0 0 0 0 0 1 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 164 0 50 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 0 NY X MARY COLMAN ST JOHN 2125055555 548 WEST 28TH STREET 4TH FLOOR NEW YORK NY 10001 ALLAN CHAPIN TRUSTEE/SECY 0.00 X X 0 0 0 ANDREW E LEWIN TRUSTEE 0.00 X 0 0 0 CASEY WEYAND TRUSTEE 0.00 X 0 0 0 CATHY KAPLAN TTEE/CHAIRMAN 0.00 X X 0 0 0 COLETTE VEASEY-CULLORS TRUSTEE 0.00 X 0 0 0 DAWOUD BEY TRUSTEE 0.00 X 0 0 0 DEBORAH WILLIS TRUSTEE 0.00 X 0 0 0 ELAINE GOLDMAN TRUSTEE 0.00 X 0 0 0 ELIZABETH KAHANE TRUSTEE 0.00 X 0 0 0 HELEN NITKIN TRUSTEE 0.00 X 0 0 0 JOEL MEYEROWITZ TRUSTEE 0.00 X 0 0 0 JULIE BEDARD TRUSTEE 0.00 X 0 0 0 KATE CORDSEN TRUSTEE 0.00 X 0 0 0 KENNETH MONTAGUE TRUSTEE 0.00 X 0 0 0 KWAME BRATHWAITE TRUSTEE 0.00 X 0 0 0 LINDSAY MCCRUM TRUSTEE 0.00 X 0 0 0 LISA ROSENBLUM TRUSTEE/VICE CHAIR 0.00 X 0 0 0 LYLE ASHTON HARRIS TRUSTEE 0.00 X 0 0 0 MELISSA O'SHAUGHNESSY TRUSTEE 0.00 X 0 0 0 MICHAEL HOEH TRUSTEE/TREAS 0.00 X X 0 0 0 PETER BARBUR TRUSTEE 0.00 X 0 0 0 PHILLIPPE LAUMONT TRUSTEE 0.00 X 0 0 0 SARAH MEISTER EXECUTIVE DIR. 40.00 X X 259615 0 826 STEPHEN NICHOLAS TRUSTEE 0.00 X 0 0 0 STUART COOPER TRUSTEE 0.00 X 0 0 0 TOM SCHIFF TRUSTEE 0.00 X 0 0 0 VASANT NAYAK TRUSTEE 0.00 X 0 0 0 MARY COLMAN ST JOHN CFO 40.00 X 155772 0 9873 KELLIE MCLAUGHLIN EMPLOYEE 40.00 X 104972 0 18320 MICHAEL FAMIGHETTI EMPLOYEE 40.00 X 107296 0 18226 627655 0 47245 4 0 1 0 0 911342 4579181 5490523 SUBSCRIPTIONS 626085 626085 626085 291 291 37500 0 37500 37500 37500 183115 911342 411553 -228438 -228438 4013813 1774326 2239487 2239487 ADVERTISING 541800 399007 399007 COMPETITION ENTRY FEES 38078 38078 FOREIGN RIGHTS 25650 25650 27849 27849 490584 8656032 2903072 399007 -136570 X 627655 627655 2403139 1556884 308135 538120 379658 379658 262871 165587 48620 48664 8890 8890 31000 31000 247785 103120 54015 90650 14525 14525 29267 21219 3658 4390 143028 37514 97752 7762 312559 312559 355022 257391 44378 53253 21972 8730 10886 2356 1599 1599 42791 42791 45882 45882 44434 23018 16654 4762 SPECIAL EVENTS & ANNUAL 541679 7070 534609 LOSS ON WRITEDOWN OF IN 301655 301655 CONSIGNMENT 225946 225946 POSTAGE 209498 203195 5882 421 1278656 908379 292894 77383 7529511 4776046 1391095 1362370 580108 187829 293925 2014497 941339 990063 1998648 1985695 207973 76471 11651176 1963735 9345843 9687441 6640 11777 499804 2206403 1901567 15580879 17355144 1564442 2358732 5807696 5731000 500000 470000 1031541 992472 8903679 9552204 X 5112779 3739350 1564421 4063590 6677200 7802940 15580879 17355144 1126521 -781 0 X 0 1 X 1 0 X 4463358 1913058 2193588 2322857 5490523 16383384 4852146 5592796 5082002 5141348 4731475 25399767 650351 333898 487486 696655 183115 2351505 9965855 7839752 7763076 8160860 10405113 44134656 2055597 1298846 1028761 1177604 2023280 7584088 1255979 942 1256921 3311576 1299788 1028761 1177604 2023280 8841009 35293647 17148 5765 601 5763 291 29568 17148 5765 601 5763 291 29568 9983003 7845517 7763677 8166623 10405404 44164224 0.79910 0.76610 0.00070 0.00070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 54208 54208 9209137 396034 8813103 2387831 1567701 820130 9687441 SECURITY DEPOSIT 24611 ARTWORK OBTAINED BY GIFT OR BEQUEST 1075577 ERC RECEIVABLE 701740 OPERATING LEASE RIGHT OF USE ASSET 99639 1901567 DEFERRED INCOME 480270 RESERVE FOR RETURNS 143196 OPERATING LEASE LIABILITY - CURRENT 90488 PTO ACCRUAL 278518 992472 X 10841126 -784 2185878 2185094 8656032 0 8656032 9715389 2185878 2185878 7529511 0 7529511 PART III, LINE 4: COLLECTIONS ARE MAINTAINED TO SUPPORT THE ORGANIZATION'S MISSION OF PROMOTING AN APPRECIATION OF PHOTOGRAPHY AND VISUAL ARTS. PART X, LINE 2: PURSUANT TO THE ACCOUNTING GUIDANCE CONCERNING PROVISIONS FOR UNCERTAIN INCOME TAX POSITIONS CONTAINED IN THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740-10, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND ACCORDINGLY, NO PROVISION HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS FOR ANY FEDERAL TAXES. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,774,325. FUNDRAISING DIRECT EXPENSES 411,553. PLEDGE RECEIVABLE ADJUSTMENT PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,774,325. FUNDRAISING DIRECT EXPENSES 411,553. PLEDGE RECEIVABLE ADJUSTMENT X X X X X X X 1 INTERIM SOLUTIONS 142 WEST END AVE NEW YORK NY 10023 DEVELOP FUNDRAISING EFFORTS AND PLANNING 0 0 0 0 NY ANNUAL BENEFIT 1094457 911342 183115 81285 135150 6000 189118 1094457 911342 183115 81285 135150 6000 189118 411553 -228438 X X X X 0 0 0 0 0 0 0 0 0 SARAH MEISTER EXECUTIVE DIR. 259615 0 0 0 0 0 0 0 826 0 260441 0 0 0 MARY COLMAN ST JOHN CFO 155772 0 0 0 0 0 0 0 9873 0 165645 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - FORM 990 REVIEW CONDUCTED BY EXECUTIVE DIRECTOR, CFO & AUDIT COMMITTEE FORM 990, PART VI, SECTION B, LINE 15 IN 2020, THE BOARD ENGAGED A RECRUITING FIRM TO HIRE A NEW EXECUTIVE DIRECTOR TO REPLACE CHRIS BOOT, WHO RETIRED IN APRIL 2021. THE RECRUITING FIRM HELPED WITH THE SEARCH, REVIEWED APPLICATIONS, AND PROVIDED COMPARABLE COMPENSATION TO HELP ESTABLISH COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 24E COMMISSIONS & FEES: PROGRAM SERVICE EXPENSES 195,068. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 195,068. EXHIBITS: PROGRAM SERVICE EXPENSES 183,583. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 183,583. PERIODICAL MAILING: PROGRAM SERVICE EXPENSES 142,411. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 142,411. TRADE SHOWS: PROGRAM SERVICE EXPENSES 104,770. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 104,770. BANK & CREDIT CARD CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 91,641. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 91,641. PRIZES: PROGRAM SERVICE EXPENSES 80,942. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,942. OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 63,071. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 63,071. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 61,804. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,804. LECTURES: PROGRAM SERVICE EXPENSES 49,587. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 49,587. CATALOGS & DIRECT MAIL: PROGRAM SERVICE EXPENSES 33,813. MANAGEMENT AND GENERAL EXPENSES 6,039. FUNDRAISING EXPENSES 2,578. TOTAL EXPENSES 42,430. TELEPHONE: PROGRAM SERVICE EXPENSES 30,245. MANAGEMENT AND GENERAL EXPENSES 5,215. FUNDRAISING EXPENSES 6,258. TOTAL EXPENSES 41,718. MEMBERSHIPS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 39,186. TOTAL EXPENSES 39,186. EDUCATION: PROGRAM SERVICE EXPENSES 36,467. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,467. CONDO FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 32,610. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,610. UTILITIES: PROGRAM SERVICE EXPENSES 19,083. MANAGEMENT AND GENERAL EXPENSES 3,290. FUNDRAISING EXPENSES 3,948. TOTAL EXPENSES 26,321. REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 17,341. MANAGEMENT AND GENERAL EXPENSES 2,990. FUNDRAISING EXPENSES 3,588. TOTAL EXPENSES 23,919. EQUIPMENT: PROGRAM SERVICE EXPENSES 12,166. MANAGEMENT AND GENERAL EXPENSES 2,098. FUNDRAISING EXPENSES 2,517. TOTAL EXPENSES 16,781. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 1,070. MANAGEMENT AND GENERAL EXPENSES 278. FUNDRAISING EXPENSES 13,430. TOTAL EXPENSES 14,778. BAD DEBTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 12,915. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,915. DEVELOPMENT EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 526. FUNDRAISING EXPENSES 5,498. TOTAL EXPENSES 6,024. VAULT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,000. ARCHIVE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,004. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,004. SECURITY: PROGRAM SERVICE EXPENSES 1,009. MANAGEMENT AND GENERAL EXPENSES 174. FUNDRAISING EXPENSES 209. TOTAL EXPENSES 1,392. TAXES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 895. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 895. RELOCATION: PROGRAM SERVICE EXPENSES 511. MANAGEMENT AND GENERAL EXPENSES 88. FUNDRAISING EXPENSES 106. TOTAL EXPENSES 705. RESEARCH: PROGRAM SERVICE EXPENSES 313. MANAGEMENT AND GENERAL EXPENSES 54. FUNDRAISING EXPENSES 65. TOTAL EXPENSES 432. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 202. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 202.