2023-03-13T09:36:29-05:00 2022-04-30 FORVIS LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2021-05-01 440558499 THE WILLIAM ROCKHILL NELSON TRUST % TAMMY BLUHM WILL 8167510417 4525 OAK STREET KANSAS CITY MO 64111 EVELYN CRAFT BELGER BOARD CHAIR 8167511378 2023-03-15 true Richard Green 999009999 Michael J Engle P00482834 8162216300 2 2021 2023-04-26 12:10:37Z EVELYN CRAFT BELGER 4525 OAK STREET KANSAS CITY MO 64111 660875 false X WWW.NELSON-ATKINS.ORG X 1914 MO THE TRUST WAS CREATED TO ACQUIRE WORKS OF ART TO BE EXHIBITED FOR THE DELECTATION AND ENJOYMENT OF THE PUBLIC IN BUILDINGS PROVIDED FOR THAT PURPOSE. 20 20 0 20 0 0 0 0 0 448861 660875 0 0 448861 660875 1795320 1769664 0 0 0 0 0 0 0 5628 4124 1800948 1773788 -1352087 -1112913 72806845 70163621 0 4124 72806845 70159497 THE TRUST WAS CREATED FOR THE PURPOSE OF ACQUIRING WORKS OF ART TO BE EXHIBITED FOR THE DELECTATION AND ENJOYMENT OF THE PUBLIC IN BUILDINGS PROVIDED FOR THAT PURPOSE. false false 1769664 1769664 0 THE WILLIAM ROCKHILL NELSON TRUST PROVIDES ANNUAL OPERATIONAL SUPPORT TO THE NELSON GALLERY FOUNDATION BASED ON A BOARD APPROVED SPENDING POLICY. 0 1769664 true false false false false false false true false true true true false true false false false true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 1 0 true 0 false false false false false false false false false false false false X 20 20 true false false false false true false true true false false true true true true true true false false false MO X TAMMY BLUHM 8167510417 4525 OAK STREET KANSAS CITY MO 64111 JULIAN ZUGAZAGOITIA OFFICER 1.0 35.0 X 0 702876 47621 KAREN CHRISTIANSEN OFFICER 1.0 35.0 X 0 386799 21842 DON HALL JR TRUSTEE 0.25 1.0 X 0 0 0 SHIRLEY BUSH HELZBERG TRUSTEE 0.25 1.0 X 0 0 0 EVELYN CRAFT BELGER VICE CHAIR 0.25 1.0 X X 0 0 0 DR VALERIE CHOW TRUSTEE 0.25 1.0 X 0 0 0 ALEJANDRO SANCHEZ ALVARADO TRUSTEE 0.25 1.0 X 0 0 0 WILLIAM B TAYLOR TREASURER 0.25 1.0 X X 0 0 0 SARA S MORGAN TRUSTEE 0.25 1.0 X 0 0 0 GRANT BURCHAM TRUSTEE 0.25 1.0 X 0 0 0 KENT SUNDERLAND TRUSTEE 0.25 1.0 X 0 0 0 ANN KAUFFMAN BAUM TRUSTEE 0.25 1.0 X 0 0 0 MARK O' CONNELL TRUSTEE 0.25 1.0 X 0 0 0 RAMON MURGUIA SECRETARY 0.25 1.0 X X 0 0 0 RICHARD G GREEN JR BOARD CHAIR 1.0 3.0 X X 0 0 0 PAUL DEBRUCE TRUSTEE 0.25 1.0 X 0 0 0 LEO MORTON TRUSTEE 0.25 1.0 X 0 0 0 MARY ATTERBURY TRUSTEE 0.25 1.0 X 0 0 0 RAMIN CHERAFAT TRUSTEE 0.25 1.0 X 0 0 0 STEVE MCDOWELL TRUSTEE 0.25 1.0 X 0 0 0 MARNY SHERMAN TRUSTEE 0.25 1.0 X 0 0 0 SANDRA A J LAWRENCE TRUSTEE 0.25 1.0 X 0 0 0 0 1089675 69463 0 false true false NONE 0 0 0 660875 660875 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 660875 660875 1769664 1769664 0 0 0 0 0 0 0 0 0 0 0 4124 4124 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1773788 1769664 4124 0 2500021 2500042 3292427 3625560 0 0 0 0 0 0 0 0 0 0 0 0 0 0 30000 30000 30000 26113270 19122714 15037691 19740287 0 0 0 0 25833436 25145018 72806845 70163621 0 4124 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4124 X 0 0 72806845 70159497 72806845 70159497 72806845 70163621 X -1112913 -518296 -1016139 X false true X true false X X 1 THE NELSON GALLERY FOUNDATION 446012977 7 true 1769664 0 1 1769664 0 true false false false false false false false false false false false false false false true false X X X X false 39280667 -472626 1769663 4123 37034255 31415777 9665838 1800948 39280667 35165438 -1655348 1955148 139165 31415777 36206606 884119 1785480 139807 35165438 35026421 3153381 1769442 203754 36206606 0.29530 0.70470 true false 30000 30000 30000 ALTERNATIVE INVESTMENTS 19740287 F 19740287 Trusts Held By Others 25145018 25145018 SCHEDULE D, PART III, LINE 1A IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE COLLECTIONS THAT WERE ACQUIRED THROUGH PURCHASES BY THE BOARD OF TRUSTEES AND CONTRIBUTIONS SINCE THE INCEPTION ARE NOT RECOGNIZED AS ASSETS ON THE COMBINED STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS DECREASES IN TEMPORARILY OR PERMANENTLY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE COMBINED FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS. SCHEDULE D, PART III, LINE 4 COLLECTION - THE WILLIAM ROCKHILL NELSON TRUST OWNS A PORTION OF THE ENCYCLOPEDIC COLLECTION OF ART DISPLAYED, CONSERVED AND STORED BY THE NELSON GALLERY FOUNDATION. THE WILLIAM ROCKHILL NELSON TRUST OPERATES SOLELY TO SUPPORT THE NELSON GALLERY FOUNDATION AND ITS WORK TO MAKE THE COLLECTION ACCESSIBLE TO THE PUBLIC. SCHEDULE D, PART V, LINE 4 INTENDED USE OF ENDOWMENT FUNDS - ENDOWMENTS ARE IN PLACE TO SUPPORT THE ACQUISITIONS OF ART AND THE MAINTENANCE OF THE COLLECTION AND EDUCATION EFFORTS SURROUNDING THE COLLECTION AS PROVIDED BY THE NELSON GALLERY FOUNDATION. SCHEDULE D, PART X, LINE 2 UNCERTAIN TAX POSITIONS DISCLOSURE - MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true THE NELSON GALLERY FOUNDATION 4525 OAK STREET KANSAS CITY MO 64111 446012977 501(C)(3) 1769664 GENERAL SUPPORT 1 SCHEDULE I, PART I, LINE 2 SUPPORT PROVIDED TO THE NELSON GALLERY FOUNDATION IS BASED ON PREDETERMINED PROVISIONS IN THE AGREEMENT BETWEEN THE TRUST AND FOUNDATION. THE PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IS BASED ON THOSE PROVISIONS. NO GRANTS ARE MADE TO OUTSIDE ORGANIZATIONS. false true false false false false false false false JULIAN ZUGAZAGOITIA OFFICER 0 586373 0 100000 0 16503 0 25083 0 22538 0 750497 0 0 KAREN CHRISTIANSEN OFFICER 0 323454 0 0 0 63345 0 14002 0 7840 0 408641 0 0 SCHEDULE J, PART I, LINE 3 JULIAN ZUGAZAGOITIA AND KAREN CHRISTIANSEN ARE COMPENSATED BY THE NELSON GALLERY FOUNDATION, A RELATED ORGANIZATION. THE FOUNDATION USES A COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, FORM 990 OF OTHER ORGANIZATIONS AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO DETERMINE COMPENSATION. SCHEDULE J, PART I, LINE 4B THE CEO PARTICIPATES IN A DEFERRED COMPENSATION PLAN UNDER 457F. NO AMOUNTS WERE CONTRIBUTED TO THE PLAN DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP BETWEEN TRUSTEES AND OFFICERS PER THE IRS INSTRUCTIONS, CERTAIN BUSINESS RELATIONSHIP BETWEEN THE ORGANIZATION'S CURRENT OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES, AS REPORTED IN PART VII, SECTION A, MUST BE DISCLOSED. BECAUSE OF THE INTERRELATED NATURE OF THE FILING ORGANIZATION WITH ITS RELATED ENTITIES (AS DISCLOSED IN SCHEDULE R), ALL OF THE OFFICERS AND TRUSTEES HAVE OVERLAPPING RESPONSIBILITIES AND THUS HAVE BUSINESS RELATIONSHIPS. LEO MORTON AND PAUL DEBRUCE HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A OTHER PERSONS WHO HAD THE POWER TO ELECT MEMBERS OF THE GOVERNING BODY- TRUSTEES ELECTED TO THE GOVERNING BODY OF THE NELSON GALLERY FOUNDATION, A RELATED NONPROFIT ORGANIZATION, ARE ALSO ELECTED TO THE GOVERNING BODY OF THE FILING ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B DESCRIBE THE PROCESS USED BY MANAGEMENT AND/OR GOVERNING BODY TO REVIEW 990- INITIAL COMPILATION OF THE INFORMATION FOR THE RETURN IS COMPLETED BY FINANCE DEPARTMENT STAFF WITH REVIEW BY THE VICE PRESIDENT, FINANCE PRIOR TO TRANSMISSION TO THE ACCOUNTING FIRM FOR RETURN PREPARATION. UPON RECEIPT OF THE COMPLETED RETURN AND REVIEW BY THE VICE PRESIDENT, FINANCE, THE RETURN WILL BE PROVIDED TO THE CHIEF EXECUTIVE OFFICER, AUDIT COMMITTEE AND TO ALL TRUSTEES FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY- THE CONFLICT OF INTEREST POLICY REQUIRES THE COMPLETION OF A WRITTEN QUESTIONNAIRE BY EACH TRUSTEE, OFFICER, MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWER AND KEY EMPLOYEES, ON AN ANNUAL BASIS. THE QUESTIONNAIRE ADDRESSES EACH INDIVIDUAL'S ACKNOWLEDGEMENT OF THE RECEIPT OF THE CODE OF CONDUCT AND THE CONFLICT OF INTEREST POLICY AND THEIR COMPLIANCE WITH IT, ALONG WITH REQUIRING RESPONSES TO DETAILED QUESTIONS RELATED TO SPECIFIC AREAS THAT COULD RAISE A CONFLICT. THE BOARD CHAIR OF THE BOARD OF TRUSTEES WOULD REVIEW ANY IDENTIFIED CONFLICTS OF INTEREST AND DETERMINE WHETHER ANY FURTHER ACTION WOULD NEED TO OCCUR. FORM 990, PART VI, SECTION C, LINE 19 PROCESS FOR MAKING DOCUMENTS AVAILABLE TO THE PUBLIC- THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT GENERALLY MADE AVAILABLE TO THE PUBLIC. AUDITED FINANCIAL STATEMENTS FOR THE PRIOR YEAR ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCE- CHANGE IN VALUE OF TRUSTS HELD BY OTHERS (688,418) ACQUISITION AND DISPOSITION OF ART (327,721) ---------- TOTAL $(1,016,139) FORM 990, PART XII, QUESTION 2C OVERSIGHT OR SELECTION PROCESS- THE AUDIT COMMITTEE OF THE NELSON GALLERY FOUNDATION IS RESPONSIBLE FOR ENGAGING THE AUDIT FIRM AND REVIEW OF THE DRAFT COMBINED AUDITED FINANCIAL STATEMENTS BEFORE ISSUANCE. THE NELSON GALLERY FOUNDATION 4525 OAK STREET KANSAS CITY MO 64111 446012977 ART MUSEUM MO 501(C)(3) 7 NA false MERCURY FUND II LP 125 HIGH STREET BOSTON MA 02110 473271451 INVESTING DE NA N/A false false Charitable Remainder Trust TRUST MO NA false false true false false false false false false false false false false false true true true false false false