2023-04-27T15:14:42-05:00 2022-06-30 231144520 TAIT WELLER & BAKER LLP 50 SOUTH 16TH STREET SUITE 2900 PHILADELPHIA PA 19102 990 2021-07-01 522376786 AMERICAN FRIENDS OF THE LOUVRE INC AMER 9177175031 12 E 49TH STREET 11TH FLOOR NEW YORK NY 10017 SUE DEVINE EXECUTIVE DIRECTOR 9177175031 2023-04-27 1 SUE DEVINE 999009999 HARRISON PEREIRA P00746867 2159798800 2023-04-24 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z SUE DEVINE 12 E 49TH STREET 11TH FLOOR NEW YORK NY 10017 5172209 0 X WWW.AFLOUVRE.ORG X 2002 DE TO SOLICIT FUNDS FOR, MAKE GRANTS TO SUPPORT AND RAISE PUBLIC AWARENESS IN THE UNITED STATES OF THE LOUVRE MUSEUM AND ITS EXTENSIVE COLLECTION OF ART. 20 20 6 22 0 0 3708999 2384844 657750 750000 605884 508350 -25927 -325662 4946706 3317532 3986826 1131480 0 0 456999 482023 0 0 276891 250174 333291 4693999 1946794 252707 1370738 14733047 12937787 3812774 2074571 10920273 10863216 TO SOLICIT FUNDS FOR, MAKE GRANTS TO SUPPORT, AND RAISE PUBLIC AWARENESS IN THE UNITED STATES, OF THE LOUVRE MUSEUM AND ITS EXTENSIVE COLLECTION OF ART. 0 0 1369286 1131480 750000 TO SOLICIT FUNDS FOR, MAKE GRANTS TO SUPPORT, AND RAISE PUBLIC AWARENESS IN THE UNITED STATES, OF THE LOUVRE MUSEUM AND ITS EXTENSIVE COLLECTION OF WORKS OF ART. AMERICAN FRIENDS OF THE LOUVRE, ALSO SUPPORTS THE LOUVRE IN ITS EFFORTS TO IMPROVE EDUCATIONAL TOOLS AND VISITING CONDITIONS, PARTICULARLY FOR AMERICAN AND OTHER ENGLISH-SPEAKING VISITORS AND PROMOTES COLLABORATIONS BETWEEN THE LOUVRE AND AMERICAN INSTITUTIONS THROUGH THE DEVELOPMENT OF CULTURAL ACTIVITIES IN THE U.S., SUCH AS EXHIBITIONS, EDUCATIONAL PROGRAMS AND PROFESSIONAL AND SCHOLARLY EXCHANGES. AFL PARTICIPATES IN THE FINANCING OF LOUVRE PROJECTS, SUCH AS RENOVATIONS OF GALLERIES, RESTORATIONS, FELLOWSHIPS, AND EDUCATIONAL PROGRAMS BOTH IN FRANCE AND THE U.S. 1369286 1 1 0 0 0 0 0 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 6 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY NJ MA GA FL CT CA WA X SUE DEVINE 9177175031 575 FIFTH AVENUE 18TH FLOOR NEW YORK NY 10017 CHRISTOPHER FORBES CHAIRMAN/DIRECTOR 4.00 X X 0 0 0 BECCA CASON THRASH VICE CHAIR/DIRECTOR 3.00 X X 0 0 0 PATRICK A GERSCHEL TREASURER/DIRECTOR 1.00 X X 0 0 0 LAURENCE DES CARS PRESIDENT 1.00 X X 0 0 0 HANS MILLER DIRECTOR 3.00 X 0 0 0 HENRI DE CASTRIES DIRECTOR 0.25 X 0 0 0 MARC LADREIT DE LACHARRIERE DIRECTOR 0.25 X 0 0 0 FRANCOISE MILLER DIRECTOR 1.00 X 0 0 0 JOAN KAHN DIRECTOR 3.00 X 0 0 0 LIONEL SAUVAGE DIRECTOR 2.00 X 0 0 0 ANDREW BARTH DIRECTOR 1.00 X 0 0 0 FIONA CIBANI DIRECTOR 1.00 X 0 0 0 MANUEL CAMELO DIRECTOR 1.00 X 0 0 0 STANISLAUS DE QUERCIZE DIRECTOR 1.00 X 0 0 0 NAOMA TATE DIRECTOR 1.00 X 0 0 0 VICTORIA BJORKLUND DIRECTOR EMERITUS 1.00 X 0 0 0 MAX BLUMBERG DIRECTOR 1.00 X 0 0 0 CHRISTINA EBERLI DIRECTOR 1.00 X 0 0 0 CYNTHIA FRIEDMAN DIRECTOR 1.00 X 0 0 0 THOMAS E MOORE III DIRECTOR 1.00 X 0 0 0 SUE DEVINE EXECUTIVE DIRECTOR 40.00 X 218083 0 28489 218083 0 28489 1 0 1 0 0 1526560 23958 834326 658685 2384844 MEMBERSHIPS 750000 750000 750000 70704 70704 1729751 1292105 437646 437646 437646 236910 1526560 562572 -325662 -325662 3317532 750000 0 182688 5000 5000 1126480 1126480 252610 63153 63152 126305 189371 88623 47343 53405 6067 3662 1517 888 6664 3711 1666 1287 27311 9559 6828 10924 27605 1380 24845 1380 11000 550 9900 550 54637 54637 11196 560 10076 560 1800 90 1620 90 18022 6308 4506 7208 4472 1340 1606 1526 32733 11457 8183 13093 87132 30496 21783 34853 16703 2596 5426 8681 7705 2697 1926 3082 REGISTRATION AND OTHER 31586 1579 28428 1579 MEMBERSHIP BENEFITS 3977 1392 994 1591 STAFF DEVELOPMENT 231 81 58 92 24492 8572 6123 9797 1946794 1369286 300617 276891 3158170 4537898 3741007 2238780 0 23958 11500 20500 6905355 5199636 917015 917015 14733047 12937787 31877 61713 3707797 2002858 73100 10000 3812774 2074571 X 7575018 8123340 3345255 2739876 10920273 10863216 14733047 12937787 1370738 -1427795 0 X 0 1 X 1 0 X 1725202 1172362 1162809 3708999 2384844 10154216 1725202 1172362 1162809 3708999 2384844 10154216 3668471 6485745 16075 48210 49335 86669 70704 270993 10425209 3936558 0.62210 0.57120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 911000 X X X X 0 8569098 16457 -986525 147377 7451653 6590131 2530 1995484 19047 8569098 6177640 3730 603457 194696 6590131 5931569 10152 406332 170413 6177640 4416982 613406 1024243 123062 5931569 0.67323 0.15977 0.16700 0 0 0 DONATED ARTWORK 911000 OTHER ASSETS 6015 917015 X 1875224 -1427795 40124 -1387671 3262895 54637 54637 3317532 1932281 40124 40124 1892157 54637 54637 1946794 PART III, LINE 4: THE ORGANIZATION HAS A COLLECTION OF WORKS OF ART, INCLUDING PAINTINGS AND DECORATIVE ARTS, CREATED BY ARTISTS BEFORE 1850 WHICH HAVE BEEN ACQUIRED THROUGH DONATIONS. PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN FISCAL TAX YEARS (2019-2021) OR EXPECTED TO BE TAKEN IN AFL'S 2022 FISCAL TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING/SPECIAL EVENT EXPENSE 40,124. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING/SPECIAL EVENT EXPENSE 40,124. 0 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION. GRANTS TO SUPPORT VARIOUS PROJECTS RELATED TO THE LOUVRE IN PARIS, FRANCE. 1126480 0 0 0 0 0 0 1126480 0 1126480 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM INTERNATIONAL COUNCIL GRANT FOR THE CHOISEUL SNUFFBOX 232068 WIRE TRANSFER. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM CAIN SCULPTURES - TUILERIES 72730 WIRE TRANSFER. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM TRAVELING MATERIALS & OBJECTS - PETITE GALERIE 100000 WIRE TRANSFER. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM LOUVRE'S SCHOOL OF BOLOGNESE DRAWINGS FROM 16TH CENTURY 23825 WIRE TRANSFER. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM CIMABUE RESTORATION 300000 WIRE TRANSFER. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM LE SONGE DE SAINT JOSEPH PAINTING ACQUISITION 230000 WIRE TRANSFER. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM BAHRAIN PROJECT 30000 WIRE TRANSFER. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM BYBLOS EXHIBITION 11777 WIRE TRANSFER. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM LOUVRE GRAND DINER 29656 WIRE TRANSFER. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM MISERONI CAMEO ACQUISITION 29425 WIRE TRANSFER. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM LOUVRE ENDOWMENT EDUCATION FUND - COLLECTIONS 200 WIRE TRANSFER. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM LOUVRE ENDOWMENT EDUCATION FUND - PALACE GARDEN CONSERVATION 13000 WIRE TRANSFER. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM LOUVRE ENDOWMENT EDUCATION FUND - OUTREACH 10000 WIRE TRANSFER. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM KOVLER FUND FOR PUBLIC AND SOCIAL OUTREACH 20000 WIRE TRANSFER. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM GROW ANNENBERG FUND 18799 WIRE TRANSFER. 0 1 0 0 0 0 0 0 0 PART I, LINE 2: FOR EACH GRANT MADE BY THE ORGANIZATION, THE FOLLOWING TWO ARTICLES ARE INCLUDED IN THE GRANT AGREEMENT WITH THE GRANTEE WHICH REFLECT HOW THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS OUTSIDE OF THE UNITED STATES: 1). THE [GRANTEE] SHALL SUBMIT A WRITTEN REPORT TO AFL'S BOARD OF DIRECTORS ON OR AFTER [DATE] OF THE YEAR FOLLOWING THE FINAL EXPENDITURE OF THE GRANT FUNDS FOR THE PROJECT. IF THE GRANT FUNDS ARE EXPENDED FOR THE PROJECT OVER A PERIOD OF TIME THAT EXCEEDS ONE YEAR, THE [GRANTEE] SHALL FURNISH INTERIM REPORTS ON OR AFTER [DATE] OF EACH YEAR DURING WHICH GRANT FUNDS ARE OUTSTANDING, IN ADDITION TO FURNISHING THE REPORT DUE AFTER FINAL EXPENDITURE OF THE GRANT FUNDS. THESE REPORTS SHOULD BE SUBSTANTIALLY IN THE FORM OF THE ATTACHED ANNUAL REPORT AND SHOULD CONTAIN: (A) AN ATTESTATION AS TO THE APPROPRIATE USE OF THE GRANT FUNDS BY THE [GRANTEE] SIGNED BY AN AUTHORIZED INDIVIDUAL OF THE [GRANTEE] AND (B) AN ANALYSIS OF THE SUCCESS OF THE PROJECT, WITH A DESCRIPTION OF HOW IT WAS CARRIED OUT. 2). AFL MAY MONITOR THE PROGRESS OF THE PROJECT (INCLUDING BY MAKING SITE VISITS), INQUIRE ABOUT THE PROJECT, ITS IMPLEMENTATION, AND FINANCES WITH REPRESENTATIVES OF THE [GRANTEE], AND REVIEW RECORDS AND OTHER MATERIAL, INCLUDING FINANCIAL RECORDS, CONNECTED WITH THE PROJECT. PART III ACCOUNTING METHOD: LIAISONS AU LOUVRE V 1721563 1495663 225900 303 135398 422889 GRAND DINNER 29657 25397 4260 214 1 8250 5500 2750 3306 1024 900 1411 1759470 1526560 232910 3609 136422 900 424514 565445 -332535 1 LA RESIDENCY PROGRAM 1 5000 PART I, LINE 2: FOR EACH GRANT MADE BY THE ORGANIZATION, THE FOLLOWING TWO ARTICLES ARE INCLUDED IN THE GRANT AGREEMENT WITH THE GRANTEE WHICH REFLECT HOW THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS OUTSIDE OF THE UNITED STATES: 1). THE [GRANTEE] SHALL SUBMIT A WRITTEN REPORT TO AFL'S BOARD OF DIRECTORS ON OR AFTER [DATE] OF THE YEAR FOLLOWING THE FINAL EXPENDITURE OF THE GRANT FUNDS FOR THE PROJECT. IF THE GRANT FUNDS ARE EXPENDED FOR THE PROJECT OVER A PERIOD OF TIME THAT EXCEEDS ONE YEAR, THE [GRANTEE] SHALL FURNISH INTERIM REPORTS ON OR AFTER [DATE] OF EACH YEAR DURING WHICH GRANT FUNDS ARE OUTSTANDING, IN ADDITION TO FURNISHING THE REPORT DUE AFTER FINAL EXPENDITURE OF THE GRANT FUNDS. THESE REPORTS SHOULD BE SUBSTANTIALLY IN THE FORM OF THE ATTACHED ANNUAL REPORT AND SHOULD CONTAIN: (A) AN ATTESTATION AS TO THE APPROPRIATE USE OF THE GRANT FUNDS BY THE [GRANTEE] SIGNED BY AN AUTHORIZED INDIVIDUAL OF THE [GRANTEE] AND (B) AN ANALYSIS OF THE SUCCESS OF THE PROJECT, WITH A DESCRIPTION OF HOW IT WAS CARRIED OUT. 2). AFL MAY MONITOR THE PROGRESS OF THE PROJECT (INCLUDING BY MAKING SITE VISITS), INQUIRE ABOUT THE PROJECT, ITS IMPLEMENTATION, AND FINANCES WITH REPRESENTATIVES OF THE [GRANTEE], AND REVIEW RECORDS AND OTHER MATERIAL, INCLUDING FINANCIAL RECORDS, CONNECTED WITH THE PROJECT. X X X 0 0 0 0 0 0 0 0 0 SUE DEVINE EXECUTIVE DIRECTOR 218083 0 0 0 0 0 15391 0 13098 0 246572 0 0 0 X AUCTION ITEMS 21 658685 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS HANS MILLER AND FRANCOISE MILLER ARE MARRIED TO EACH OTHER. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE CHAIRMAN AND AUDIT AND FINANCE COMMITTEE AND THE EXECUTIVE DIRECTOR FOR THEIR REVIEW. A COPY OF THE FINAL FORM 990 IS THEN PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAILS OUT A FORM ONCE A YEAR ASKING BOARD MEMBERS TO DISCLOSE ANY CONFLICTS OF INTEREST IN WRITING. THEY ARE REQUIRED TO SIGN THE FORM AND RETURN IT TO THE ORGANIZATION'S OFFICE WHERE THE FORMS ARE KEPT ON FILE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE PERIODICALLY CONDUCTS A PERFORMANCE EVALUATION OF THE EXECUTIVE DIRECTOR AND SETS COMPENSATION IN ACCORDANCE WITH THE REBUTTABLE PRESUMPTION PROCEDURE OF THE INTERMEDIATE SANCTIONS RULES SET FORTH IN CODE SECTION 4958 AND THE CONFLICT OF INTEREST PROVISIONS OF SECTION 144 OF THE DELAWARE GENERAL CORPORATION LAW. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE.