WHITNEY MUSEUM OF AMERICAN ART: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
WHITNEY MUSEUM OF AMERICAN ART (EIN 13-1789318)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-12
IRS object ID
202301329349305715
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-12T13:35:48-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN366055558PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1757 THIRD AVENUE 3RD FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100172013ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN131789318EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WHITNEY MUSEUM OF AMERICAN ARTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWHITBusinessNameControlTxt
Phone2125703600PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line199 GANSEVOORT STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10014ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonID ARUEDEONLPersonNm
Person TitleCFO/CO-CHIEF OPERATING OFFICERPersonTitleTxt
Phone2125703600PhoneNum
Signature2023-05-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

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Person FirstIDPersonFirstNm
Person LastARUEDEONLPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSCOTT THOMPSETTPreparerPersonNm
PTINP00741490PTIN
Phone2125990100PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerADAM D WEINBERGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line199 GANSEVOORT STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10014ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$198,322,300GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWHITNEY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1926FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionWHITNEY MUSEUM OF AMERICAN ART IS A MUSEUM DEVOTED TO AMERICAN ART OF THE 20TH AND 21ST CENTURIES.ActivityOrMissionDesc
Voting Members Governing Body51VotingMembersGoverningBodyCnt
Voting Members Independent50VotingMembersIndependentCnt
Total Employee482TotalEmployeeCnt
Total Volunteers125TotalVolunteersCnt
Total Gross UBI$16,685TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$59,329NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$48,648,000PYContributionsGrantsAmt
CY Contributions Grants$66,182,000CYContributionsGrantsAmt
PY Program Service Revenue$2,875,000PYProgramServiceRevenueAmt
CY Program Service Revenue$8,041,000CYProgramServiceRevenueAmt
PY Investment Income$11,788,000PYInvestmentIncomeAmt
CY Investment Income$31,767,000CYInvestmentIncomeAmt
PY Other Revenue$4,396,000PYOtherRevenueAmt
CY Other Revenue$4,065,900CYOtherRevenueAmt
PY Total Revenue$67,707,000PYTotalRevenueAmt
CY Total Revenue$110,055,900CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$316,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$33,781,000PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$35,389,000CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,262,000CYTotalFundraisingExpenseAmt
PY Other Expenses$81,584,000PYOtherExpensesAmt
CY Other Expenses$41,772,900CYOtherExpensesAmt
PY Total Expenses$115,365,000PYTotalExpensesAmt
CY Total Expenses$77,477,900CYTotalExpensesAmt
PY Revenues Less Expenses-$47,658,000PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$32,578,000CYRevenuesLessExpensesAmt
Total Assets BOY$1,002,954,000TotalAssetsBOYAmt
Total Assets EOY$925,433,000TotalAssetsEOYAmt
Total Liabilities BOY$135,878,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$128,993,000TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$867,076,000NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$796,440,000NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE WHITNEY SEEKS TO BE THE DEFINING MUSEUM OF 20TH AND 21ST CENTURY AMERICAN ART. THE MUSEUM COLLECTS, EXHIBITS, PRESERVES, RESEARCHES AND INTERPRETS ART OF THE U.S. IN THE BROADEST GLOBAL, HISTORICAL AND INTERDISCIPLINARY CONTEXTS. (SEE SCHEDULE O)MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$34,219,000ExpenseAmt
Grant$0GrantAmt
Revenue$7,930,000RevenueAmt
DescCOLLECTION AND EXHIBITIONS OF AMERICAN ARTIN FY22, THE WHITNEY MUSEUM OF AMERICAN ART PRESENTED 7 EXHIBITIONS. THESE INCLUDED: THE WHITNEY'S COLLECTION: SELECTIONS FROM 1900 TO 1965 (JUNE 28, 2019 - PRESENT); JASPER JOHNS: MIND/MIRROR (SEPTEMBER 29, 2021 - FEBRUARY 13, 2022); LABYRINTH OF FORMS: WOMEN AND ABSTRACTION, 1930 - 1950 (OCTOBER 9, 2021 - MARCH 13, 2022); MY BARBARIAN (OCTOBER 29, 2021 - FEBRUARY 27, 2022); JENNIFER PACKER: THE EYE IS NOT SATISFIED WITH SEEING (OCTOBER 30, 2021 - APRIL 17, 2022); WHITNEY BIENNIAL 2022: QUIET AS IT'S KEPT (APRIL 6, 2022 - SEPTEMBER 5, 2022); AND AT THE DAWN OF A NEW AGE: EARLY TWENTIETH-CENTURY AMERICAN MODERNISM (MAY 7, 2022 - FEBRUARY 26, 2023).(SEE SCHEDULE O)FY22 PERFORMANCES AT THE MUSEUM INCLUDED: MY BARBARIAN: TRANSPARENCY 2021 (NOVEMBER 5, 2021); MY BARBARIAN: SONGBOOK (DECEMBER 18, 2021); MY BARBARIAN: DOUBLE FUTURE (FEBRUARY 24 - 26, 2022); AWILDA STERLING-DUPREY: BLINDFOLDED (MARCH 20, 2022); JASON RHOADES: SUTTER'S MILL (APRIL 8 - SEPTEMBER 2, 2022); MOBY DICK; OR, THE WHALE (APRIL 15 - 17, 2022); AND ALEX DA CORTE: ROY G BIV (APRIL 20 - AUGUST 8, 2022). AN ONGOING SERIES OF OUTDOOR ART SHOWN ACROSS GANSEVOORT STREET FROM THE MUSEUM HAD ONE INSTALLATION: WHITNEY BIENNIAL 2022: QUIET AS IT'S KEPT (APRIL 6- SEPTEMBER 5, 2022).THE FOLLOWING EXHIBITIONS TOURED NATIONALLY: VANTAGE POINTS: CONTEMPORARY PHOTOGRAPHY FROM THE WHITNEY MUSEUM OF AMERICAN ART (TAUBMAN MUSEUM OF ART, ROANOKE, VA); JULIE MEHRETU, CO-ORGANIZED WITH LACMA (WALKER ART CENTER, MINNEAPOLIS, MN); AND DAWOUD BEY: AN AMERICAN PROJECT, CO-ORGANIZED WITH SFMOMA (THE MUSEUM OF FINE ARTS, HOUSTON, TX).Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$8,266,000ExpenseAmt
Grant$0GrantAmt
Revenue$111,000RevenueAmt
DescCURATORIAL AND RELATED SUPPORTIN FY22, THE WHITNEY MUSEUM OF AMERICAN ART CONTINUED ITS ONGOING STUDY INTO THE MORE THAN 26,000 OBJECTS IN THE COLLECTION BY OVER 3,700 ARTISTS. THE WHITNEY CONTINUED ITS WORK ON A MULTI-YEAR, CROSS-DEPARTMENTAL, AND CROSS-INSTITUTIONAL RESEARCH PROJECT TO UNDERSTAND THE ORIGIN, SCOPE, EVOLUTION, USE, AND IMPACT OF THE MUSEUM'S COLLECTION. THE PROJECT, WHICH WILL CULMINATE IN THE WHITNEY'S FIRST EVER COLLECTION STRATEGIC PLAN IN SPRING 2023, WILL OFFER RECOMMENDATIONS, GOALS, AND OBJECTIVES FOR THE FUTURE OF THE WHITNEY'S COLLECTION THAT IS INFORMED BY THE INSTITUTION'S HISTORY AND ENRICHED BY ITS DESIRE TO MAKE ITS HOLDINGS USEFUL, DYNAMIC,(SEE SCHEDULE O) AND RELEVANT FOR TODAY AND THE FUTURE. THE WHITNEY CONTINUES TO REFINE AND EXPERIMENT WITH ITS STRATEGIES FOR DISPLAYING MORE OF THE PERMANENT COLLECTION WITHIN ITS GALLERY SPACES. THE RESULTING COLLECTION DISPLAYS CREATE THEMATIC, ART HISTORICAL CONTEXTS AND COUNTERPOINTS TO THE ONGOING SPECIAL EXHIBITIONS PROGRAM, AND EXPLORE HOW THE INSTITUTION CAN CONTRIBUTE TO NEW NARRATIVES ABOUT AMERICAN CULTURE AND HISTORY. RICH DOCUMENTATION OF THESE INSTALLATIONS AND MANY OF THE ARTWORKS WITHIN THEM ALLOWED THESE EXHIBITIONS TO REMAIN ACCESSIBLE THROUGH THE MUSEUM'S WEBSITE. SINCE RE-OPENING TO THE PUBLIC IN FALL 2020, THE WHITNEY HAS ALSO CONTINUED TO FURTHER DEVELOP AND EXPAND MANY OF ITS DIGITAL AND HYBRID COLLECTION INITIATIVES THAT WERE FIRST INITIATED IN RESPONSE TO COVID-19 QUARANTINE RESTRICTIONS. WORK WAS ONGOING TO DIGITIZE THE MUSEUM'S COLLECTIONS, A PROJECT THAT IS A CRUCIAL ASPECT OF THE INCREASED SCOPE OF THE CURATORIAL, CONSERVATION, AND RESEARCH RESOURCES TEAMS IN ITS GREATLY ENLARGED FACILITY. THE WHITNEY'S PERMANENT COLLECTION REMAINED ONLINE AND AVAILABLE TO THE PUBLIC AS A SEARCHABLE RESOURCE AND IS UPDATED REGULARLY AS NEW WORKS ENTER THE COLLECTION. IMPORTANT LIBRARY AND SPECIAL COLLECTIONS HOLDINGS ARE KEPT ON SITE, AS WELL AS ABOUT 16,000 WORKS ON PAPER THAT ARE STORED IN THE SONDRA GILMAN STUDY CENTER, FACILITATING ACCESS TO THEM FOR CURATORS AND SCHOLARS. THE SONDRA GILMAN STUDY CENTER SUPPORTS CROSS-MEDIUM, CROSS-DISCIPLINARY RESEARCH, ALLOWING MUSEUM STAFF, ARTISTS, SCHOLARS, AND RESEARCHERS ACCESS TO THE COLLECTION AND OPPORTUNITY FOR CLOSE MATERIAL AND TECHNICAL EXAMINATION OF OBJECTS. AS SUCH, THE STUDY CENTER IS AN EXCEPTIONAL RESOURCE FOR HISTORIANS AND CURATORS OF MODERN AND CONTEMPORARY ART, MAKING THE WHITNEY'S WORLD-CLASS HOLDINGS AVAILABLE FOR PRIMARY RESEARCH AND IN-DEPTH CONSULTATION. PART-WAY THROUGH FY22 (IN FALL 2021), THE STUDY CENTER RE-OPENED FOLLOWING ITS CLOSURE DUE TO COVID-19. SINCE RE-OPENING, 33 EXTERNAL VISITS, WITH 115 UNIQUE VISITORS (20 OF THOSE BEING REPEAT VISITORS) WERE HELD IN THE STUDY CENTER.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$4,777,000ExpenseAmt
Grant$316,000GrantAmt
Revenue$15,700RevenueAmt
DescEDUCATION PROGRAMSDURING FY22, THE WHITNEY'S EDUCATION DEPARTMENT COLLABORATED WITH COLLEAGUES ACROSS THE MUSEUM TO DEVELOP AND STRENGTHEN THE WHITNEY'S INFRASTRUCTURE FOR HYBRID PROGRAMMING AS THE COVID-19 PANDEMIC CONTINUED. ALL TEAMS DEVELOPED PROGRAMS TO ENGAGE THE WHITNEY'S WORLD-CLASS COLLECTION OF AMERICAN ART AND REACH THE DIVERSE ONLINE AUDIENCE THAT TYPICALLY VISITS THE MUSEUM. DURING FY22 THE MUSEUM SAW A SIGNIFICANT GROWTH OF IN PERSON VISITORS, AND MAINTAINED A VIRTUAL INTERNATIONAL AUDIENCE AND ONLINE PROGRAMMING ABOUT THE WHITNEY COLLECTION AND EXHIBITIONS DESIGNED BY MUSEUM EDUCATORS.(SEE SCHEDULE O)THE WHITNEY SERVED A TOTAL OF 60,809 VISITORS IN PERSON AND ONLINE, THROUGH SCHOOL, YOUTH, FAMILY, PUBLIC, AND ACCESS & COMMUNITY PROGRAMS. AN ADDITIONAL 947,720 ASYNCHRONOUS USERS ONLINE WERE SERVED THROUGH DIGITAL ENGAGEMENT WITH INTERPRETIVE CONTENT OF AUDIO GUIDES, RECORDED VIDEOS OF PROGRAMS ON YOUTUBE, AND PODCASTS. A TOTAL OF 10,242 OF THESE IN PERSON AND ONLINE VISITORS WERE K-12 STUDENTS. EDUCATION STAFF WORKED WITHIN AND ACROSS PROGRAM AREAS ON ZOOM TO PRESENT DYNAMIC PROGRAMMING THAT EXPLORED CRITICAL QUESTIONS ABOUT AMERICAN ART, CULTURE, AND SOCIETY. THE SCHOOL PROGRAM TEAM COMPLETED 356 ONLINE LESSONS AND SERVED 9,506 K-12 STUDENTS IN ONLINE AND IN-PERSON PROGRAMMING; 1,849 K-12 STUDENTS WERE FROM OUR 9 PARTNERSHIP SCHOOLS.IN ADDITION, THE WHITNEY EDUCATION DEPARTMENT CONTINUED ALL TEEN YOUTH INSIGHTS COHORTS WITH A TOTAL OF 119 MEETINGS AND TEEN'S EVENTS, SERVING A TOTAL OF 701 TEENS, OUT OF THESE NUMBER 101 TEENS PARTICIPATED INTO YOUTH INSIGHTS OR A LEADER PROGRAM. IN FY22, THE DEPARTMENT OFFERED ITS ANNUAL ART COLLEGE NIGHT FOR NYC TEENS, ON ZOOM. REPRESENTATIVES FROM COLLEGES IN THE NEW YORK AREA GAVE INFORMATION ABOUT SCHOLARSHIP OPPORTUNITIES, COLLEGE ESSAY WRITING TIPS, AND MUCH MORE. THE MUSEUM ALSO CONTINUED ITS COMMITMENT TO ACCESSIBILITY FOR VISITORS WITH DISABILITIES TO EXPERIENCE THE RICHNESS AND COMPLEXITY OF AMERICAN ART IN AN ACCESSIBLE AND INCLUSIVE ENVIRONMENT THROUGH REMOTE AND IN-PERSON OFFERINGS. THIS INCLUDES VISITORS WHO IDENTIFY AS DISABLED, D/DEAF, DEAF-BLIND, NEURODIVERGENT, AUTISTIC, LOW VISION AND/OR EXPERIENCE A RANGE OF COGNITIVE, INTELLECTUAL, AND DEVELOPMENTAL DISABILITY, PHYSICAL DISABILITY, CHRONIC ILLNESS AND/OR SENSORY SENSITIVITIES. WITH THE CONTINUATION OF THE COVID-19 PANDEMIC AND ITS ACUTE AND ONGOING IMPACT ON DISABILITY COMMUNITIES MOST PROGRAMMING REMAINED ONLINE. THE ACCESS TEAM FOCUSED ON EXPANDING ACCESS FEATURES ON THE MOBILE GUIDE TO SUPPORT VISITORS WITH DISABILITIES AS THEY ENGAGED WITH WHITNEY EXHIBITIONS, DURING FY22 401 PEOPLE ATTENDED AN ACCESS TOUR, AND A TOTAL OF 1,019 STUDENTS WITH DISABILITIES, FROM 19 DIFFERENT SCHOOLS, PARTICIPATED IN EITHER AN IN-PERSON GUIDED VISIT OR ONLINE LESSON.IN FY22 6,971 PEOPLE ATTENDED ARTMAKING WORKSHOPS, TOURS, AND COMMUNITY PROGRAMS. COMMUNITY PROGRAMS AT THE WHITNEY SERVED AS A FOCAL POINT FOR EXPLORATION, DIALOGUE, AND SELF-EXPRESSION FOR THE MUSEUM'S DIVERSE NEIGHBORS WITH A DESIRE TO CONNECT TO ART. COMMUNITY PROGRAMS DEVELOPED INDIVIDUALIZED EXTENDED PROGRAMS DESIGNED TO MEET THE SPECIFIC AND DIVERSE NEEDS OF OUR 14 DIFFERENT PARTNER ORGANIZATIONS AND TO PROVIDE EDUCATIONAL AND CULTURAL OPPORTUNITIES FOR UNDERSERVED AUDIENCES OF ALL AGES.PUBLIC PROGRAMS AND PUBLIC ENGAGEMENT PRESENTED PROVOCATIVE AND EXPERIMENTAL EVENTS THAT ENGAGE AUDIENCES IN CRITICAL DIALOGUES ON ART AND CULTURAL PRODUCTION. THE DIVISION PRESENTED 23 PROGRAMS AND 4 COURSES TO 25,978 VISITORS; RECORDINGS OF THESE PROGRAMS HAVE BEEN VIEWED APPROXIMATELY 37,730 TIMES AS OF JUNE 30, 2022. HIGHLIGHTS INCLUDED CONVERSATIONS, SYMPOSIA, READINGS, WORKSHOPS, AND SCREENINGS IN CONJUNCTION WITH DAWOUD BEY: AN AMERICAN PROJECT, DAVE MCKENZIE: THE STORY I TELL MYSELF, JULIE MEHRETU, JASPER JOHNS: MIND/MIRROR, MY BARBARIAN, JENNIFER PACKER: THE EYE IS NOT SATISFIED WITH SEEING, MAKING KNOWING, AND WHITNEY BIENNIAL 2022: QUIET AS IT'S KEPT.THROUGHOUT THE YEAR, THE PUBLIC PROGRAMS MAILING LIST CONTINUED TO GROW, ADDING NEARLY 5,000 NEW SUBSCRIBERS FOR A TOTAL OF APPROXIMATELY 26,000 INDIVIDUALS, AND THE MUSEUM BEGAN TO COLLECT FEEDBACK FROM PROGRAM ATTENDEES THROUGH SHORT SURVEYS AFTER PROGRAMS. IN JULY 2021, PROGRAMS WERE DEVELOPED TO BE IN A HYBRID FORMAT, ENABLING SPEAKERS AND AUDIENCES TO PARTICIPATE IN-PERSON OR VIRTUALLY, AS WELL AS CREATING OPPORTUNITIES TO DEEPEN THE ACCESSIBILITY OF THESE EVENTS. TWO EARLY HYBRID PROGRAMS WERE BLACK/QUEER/ABSTRACT: A CONVENING ON THE OCCASION OF JULIE MEHRETU AND THE FILMS OF ANDY WARHOL; THE ANNUAL WALTER ANNENBERG LECTURE FEATURING DAWOUD BEY WAS ALSO PRODUCED IN A HYBRID FORMAT. PUBLIC PROGRAMS FOCUSED ON MAKING EVENTS MORE ACCESSIBLE, ALL EVENTS WERE OFFERED WITH CLOSED CAPTIONING AND ASL INTERPRETATION WHEN REQUESTED, AS WELL AS LIVE SPANISH TRANSLATION.FAMILY PROGRAMS HAD 43 IN PERSON AND ONLINE ART CLUBS AND WORKSHOP STUDIOS SERVING A TOTAL OF 9,901 PEOPLE IN PERSON (BETWEEN KIDS AND ADULTS). ONE SUCH INITIATIVE WAS WHITNEY KIDS ART CHALLENGE, DESIGNED FOR KIDS AND ADULTS TO DO TOGETHER WITH MATERIALS EASILY FOUND IN THE HOME BASED ON WORKS IN THE WHITNEY'S PERMANENT COLLECTION. THE FAMILY PROGRAMS TEAM LEAD ONE OF THE LARGEST FAMILY EVENTS HOSTED AT THE MUSEUM: PRIDE ON THE WHITNEY LAWN, WHICH FEATURED LIVE READINGS FROM LGBTQ+ POETS HOSTED BY CHAVISA WOODS, AND INTERGENERATIONAL POETRY WORKSHOPS LED BY REGIE CABICO, AND FAMILY-FRIENDLY ACTIVITIES, INCLUDING HANDS-ON ARTMAKING, PERFORMANCES, PHOTO BOOTHS, GIVEAWAYS, THIS EVENT HAD MORE THAN 5,000 ATTENDEES. FOR MORE INFORMATION ABOUT WHITNEY EDUCATION, PLEASE VISIT WHITNEY.ORG/EDUCATION.Desc

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Expense$1,983,000ExpenseAmt
Grant$0GrantAmt
Revenue$155,595RevenueAmt
DescPUBLICATION AND RETAIL SALES:MUSEUM RELATED AUXILLARY SERVICES THAT PROVIDE PRODUCTS RELATED TO THE MUSEUM'S COLLECTION AND EXHIBITIONS.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$1,983,000TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$155,595TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$49,245,000TotalProgramServiceExpensesAmt
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Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
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Credit Counseling0CreditCounselingInd
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IRP Document321IRPDocumentCnt
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Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
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Local Chapters0LocalChaptersInd
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Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
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States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ID ARUEDE CFOCO-CHIEF OPERATING OFFICERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2126711820PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line199 GANSEVOORT STREETAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10014ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (64 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
ADAM D WEINBERG
ALICE PRATT BROWN DIRECTOR35.000.00Yes (X)Yes (X)$933,075$0$116,602
FERN KAYE TESSLER
BOARD PRESIDENT1.000.00Yes (X)Yes (X)$0$0$0
ROBERT J HURST
CHAIRMAN OF EXECUTIVE COMMITTEE1.000.00Yes (X)Yes (X)$0$0$0
RICHARD M DEMARTINI
CHAIRMAN1.000.00Yes (X)Yes (X)$0$0$0
NANCY CARRINGTON CROWN
VICE CHAIRMAN/TRUSTEE1.000.00Yes (X)Yes (X)$0$0$0
PAMELLA G DEVOS
VICE CHAIRMAN/TRUSTEE1.000.00Yes (X)Yes (X)$0$0$0
BETH RUDIN DEWOODY
VICE CHAIRMAN/TRUSTEE1.000.00Yes (X)Yes (X)$0$0$0
MIYOUNG LEE
VICE CHAIRMAN1.000.00Yes (X)Yes (X)$0$0$0
NANCY POSES
VICE CHAIRMAN1.000.00Yes (X)Yes (X)$0$0$0
PAUL C SCHORR IV
VICE CHAIRMAN1.000.00Yes (X)Yes (X)$0$0$0
ANNE-CECILIE ENGELL SPEYER
VICE CHAIRMAN1.000.00Yes (X)Yes (X)$0$0$0
GAURAV K KAPADIA
VICE PRESIDENT1.000.00Yes (X)Yes (X)$0$0$0
JULIE OSTROVER
VICE PRESIDENT1.000.00Yes (X)Yes (X)$0$0$0
SCOTT RESNICK
VICE PRESIDENT1.000.00Yes (X)Yes (X)$0$0$0
ROBERT ROSENKRANZ
VICE PRESIDENT1.000.00Yes (X)Yes (X)$0$0$0
DAVID W ZALAZNICK
VICE PRESIDENT/TRUSTEE1.000.00Yes (X)Yes (X)$0$0$0
BENNETT GOODMAN
TREASURER1.000.00Yes (X)Yes (X)$0$0$0
RICHARD D SEGAL
TREASURER/TRUSTEE1.000.00Yes (X)Yes (X)$0$0$0
JOANNE LEONHARDT CASSULLO
SECRETARY/TRUSTEE1.000.00Yes (X)Yes (X)$0$0$0
JUDY HART ANGELO
TRUSTEE1.000.00Yes (X)$0$0$0
PAUL ARNHOLD
TRUSTEE1.000.00Yes (X)$0$0$0
JILL BIKOFF
TRUSTEE1.000.00Yes (X)$0$0$0
LESLIE BLUHM
TRUSTEE1.000.00Yes (X)$0$0$0
NEIL G BLUHM
TRUSTEE1.000.00Yes (X)$0$0$0
DAVID CANCEL
TRUSTEE (AS OF 05/2022)1.000.00Yes (X)$0$0$0
DAVID CAREY
TRUSTEE1.000.00Yes (X)$0$0$0
HENRY CORNELL
TRUSTEE1.000.00Yes (X)$0$0$0
FIONA IRVING DONOVAN
TRUSTEE1.000.00Yes (X)$0$0$0
FAIRFAX N DORN
TRUSTEE1.000.00Yes (X)$0$0$0
LISE EVANS
TRUSTEE1.000.00Yes (X)$0$0$0
VICTOR F GANZI
TRUSTEE1.000.00Yes (X)$0$0$0
HENRY LOUIS GATES JR
TRUSTEE1.000.00Yes (X)$0$0$0
ROBERT B GOERGEN
TRUSTEE (THRU 06/30/2022)1.000.00Yes (X)$0$0$0
KATJA GOLDMAN
TRUSTEE1.000.00Yes (X)$0$0$0
KENNETH C GRIFFIN
TRUSTEE1.000.00Yes (X)$0$0$0
SUSAN K HESS
TRUSTEE1.000.00Yes (X)$0$0$0
MICHAEL E KASSAN EX OFFICO
TRUSTEE1.000.00Yes (X)$0$0$0
NEAL K KATYAL
TRUSTEE (AS OF 03/2022)1.000.00Yes (X)$0$0$0
CLAUDIA LAVIADA
TRUSTEE1.000.00Yes (X)$0$0$0
RAYMOND J LEARSY
TRUSTEE (THRU 05/2022)1.000.00Yes (X)$0$0$0
JONATHAN O LEE
TRUSTEE1.000.00Yes (X)$0$0$0
RAYMOND J MCGUIRE
TRUSTEE1.000.00Yes (X)$0$0$0
JULIE MEHRETU
TRUSTEE (AS OF 09/2021)1.000.00Yes (X)$0$0$0
ERIC L MOTLEY
TRUSTEE1.000.00Yes (X)$0$0$0
BROOKE GARBER NEIDICH
TRUSTEE1.000.00Yes (X)$0$0$0
JOHN C PHELAN
TRUSTEE1.000.00Yes (X)$0$0$0
JEN RUBIO
TRUSTEE1.000.00Yes (X)$0$0$0
MARY E BUCKSBAUM SCANLAN
TRUSTEE1.000.00Yes (X)$0$0$0
JONATHAN S SOBEL
TRUSTEE1.000.00Yes (X)$0$0$0
LAURIE M TISCH
TRUSTEE1.000.00Yes (X)$0$0$0
THOMAS E TUFT
TRUSTEE1.000.00Yes (X)$0$0$0
FRED WILSON
TRUSTEE1.000.00Yes (X)$0$0$0
PAMELA BESNARD
CHIEF ADVANCEMENT OFFICER35.000.00Yes (X)$363,544$0$44,144
AMY ROTH
CO-CHIEF OPERATING OFFICER35.000.00Yes (X)$372,743$0$44,064
IDEHEN ARUEDE
CFO/CO-CHIEF OPERATING OFFICER35.000.00Yes (X)$387,433$0$29,295
NICHOLAS S HOLMES
GENERAL COUNSEL/ASSISTANT SECRETARY35.000.00Yes (X)$205,783$0$38,271
SCOTT ROTHKOPF - SR DEP DIR
NANCY&STEVEN CROWN FAM CHIEF CURATOR35.000.00$415,323$0$28,748Yes (X)
CHRISTY L PUTNAM - ASSO DIR
EXHIBITIONS & COLLECTIONS MANAGEMENT35.000.00$214,227$0$23,937Yes (X)
CAROL C MANCUSI-UNGARO - MELVA
BUCKSBAUM ASSO. DIR. CONSERV. & RSCH35.000.00$254,815$0$24,915Yes (X)
STEPHANIE ADAMS
DIR., INDIVIDUAL & PLANNED GIVING35.000.00$215,206$0$39,584Yes (X)
LINDSAY POLLOCK THRU 042022
CHIEF COMMUNICATIONS & CONTENT OFF.35.000.00$204,612$0$13,734Yes (X)
CHRISTINE MELLAMPE
CHIEF HUMAN RESOURCES OFFICER35.000.00$214,445$0$20,492Yes (X)
EUNICE LEE
DIR., STRG. PARTNERSHIPS & EVENTS35.000.00$203,525$0$22,769Yes (X)
ADRIAN HARDWICKE THRU 042021
CHIEF VISITOR EXPERIENCE OFFICER35.000.00$160,034$0$11,690Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,144,765TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$458,245TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K53IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
TEMPORARY WALLS INC
412 STONE ROW LANEBANGORPA18013CONSTRUCTION$544,000
MONTICELLO ASSOCIATES
1800 LARIMER STREET SUITE 2100DENVERCO80202INVESTMENT ADVISORY COUNSULTANT$340,000
KAUFF MCGUIRE & MARGOLIS LLP
950 THIRD AVENUE 14TH FLNEW YORKNY10022LEGAL SERVICES$305,709
MASTERPIECE INTERNATIONAL
39 BROADWAY SUITE 1410NEW YORKNY10006ART MOVING SERVICES$305,413
AHERN HOLTZMAN INC
530 WILLET AVENUEPORTCHESTERNY19065CONSTRUCTION$305,408
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K28CntrctRcvdGreaterThan100KCnt
Membership Dues$7,972,000MembershipDuesAmt
Fundraising$4,998,000FundraisingAmt
Government Grants$14,636,000GovernmentGrantsAmt
All Other Contributions$38,576,000AllOtherContributionsAmt
Noncash Contributions$4,540,000NoncashContributionsAmt
Total Contributions$66,182,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMISSION INCOME900099$7,648,000$7,648,000
TRAVELING EXHIBITIONS900099$282,000$282,000
ART LOAN FEES900099$111,000$111,000
FieldValueIRS element (for citing)
Total Program Service Revenue$8,041,000TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,627,000TotalRevenueColumnAmt
Unrelated Business Revenue-$66,820UnrelatedBusinessRevenueAmt
Exclusion$1,693,820ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$305,400TotalRevenueColumnAmt
Exclusion$305,400ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$4,369,000RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$127,000RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$4,242,000RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,242,000TotalRevenueColumnAmt
Exclusion$4,242,000ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$115,120,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$84,980,000SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$30,140,000SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$30,140,000TotalRevenueColumnAmt
Exclusion$30,140,000ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$144,000FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$4,998,000ContriRptFundraisingEventAmt
Fundraising Direct Expenses$1,038,000FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$894,000TotalRevenueColumnAmt
Exclusion-$894,000ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$2,299,000GrossSalesOfInventoryAmt
Cost Of Goods Sold$2,121,400CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$177,600TotalRevenueColumnAmt
Related Or Exempt Func Income$155,595RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$22,005UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INSURANCE RECOVERY900099$150,000$150,000
CATERING/EVENT INCOME900099$61,500$61,500
TUITION FEES900099$15,700$15,700

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,700TotalRevenueColumnAmt
Exclusion$7,700ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$234,900OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$110,055,900TotalRevenueColumnAmt
Related Or Exempt Func Income$8,212,295RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$16,685UnrelatedBusinessRevenueAmt
Exclusion$35,644,920ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$316,000TotalAmt
Program Services$316,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,263,000TotalAmt
Program Services$1,185,000ProgramServicesAmt
Management And General$1,410,000ManagementAndGeneralAmt
Fundraising$668,000FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$24,106,000TotalAmt
Program Services$15,186,000ProgramServicesAmt
Management And General$7,944,000ManagementAndGeneralAmt
Fundraising$976,000FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,860,000TotalAmt
Program Services$1,110,000ProgramServicesAmt
Management And General$643,000ManagementAndGeneralAmt
Fundraising$107,000FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,419,000TotalAmt
Program Services$2,197,000ProgramServicesAmt
Management And General$2,012,000ManagementAndGeneralAmt
Fundraising$210,000FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,741,000TotalAmt
Program Services$1,124,000ProgramServicesAmt
Management And General$519,000ManagementAndGeneralAmt
Fundraising$98,000FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$955,000TotalAmt
Management And General$955,000ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$208,000TotalAmt
Management And General$208,000ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$78,000TotalAmt
Program Services$78,000ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,015,000TotalAmt
Management And General$1,015,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,505,000TotalAmt
Program Services$1,049,000ProgramServicesAmt
Management And General$1,438,000ManagementAndGeneralAmt
Fundraising$18,000FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,268,000TotalAmt
Program Services$2,058,000ProgramServicesAmt
Management And General$209,000ManagementAndGeneralAmt
Fundraising$1,000FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,673,000TotalAmt
Program Services$1,630,000ProgramServicesAmt
Management And General$37,000ManagementAndGeneralAmt
Fundraising$6,000FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,821,000TotalAmt
Program Services$3,713,000ProgramServicesAmt
Management And General$2,108,000ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$749,000TotalAmt
Program Services$388,000ProgramServicesAmt
Management And General$272,000ManagementAndGeneralAmt
Fundraising$89,000FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,230,000TotalAmt
Program Services$963,000ProgramServicesAmt
Management And General$168,000ManagementAndGeneralAmt
Fundraising$99,000FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$10,266,000TotalAmt
Program Services$8,038,000ProgramServicesAmt
Management And General$1,404,000ManagementAndGeneralAmt
Fundraising$824,000FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,277,000TotalAmt
Program Services$891,000ProgramServicesAmt
Management And General$1,386,000ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
ART ACQUISTIONS$3,317,000$3,317,000
BUILDING SUPPLIES & REP$2,167,000$107,000$2,060,000$0
EXHIBITION EXPENSES$1,704,000$1,702,000$2,000
ART PACKING/SHIPPING$1,402,000$1,401,000$1,000

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$4,137,900TotalAmt
Program Services$2,792,000ProgramServicesAmt
Management And General$1,180,900ManagementAndGeneralAmt
Fundraising$165,000FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$77,477,900TotalAmt
Program Services$49,245,000ProgramServicesAmt
Management And General$24,970,900ManagementAndGeneralAmt
Fundraising$3,262,000FundraisingAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XYes (X)InfoInScheduleOPartXInd

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$17,235,000BOYAmt
EOY$30,581,000EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$12,694,000BOYAmt
EOY$15,640,000EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$22,046,000BOYAmt
EOY$30,003,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,217,000BOYAmt
EOY$1,420,000EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$4,644,000BOYAmt
EOY$4,544,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$2,778,000BOYAmt
EOY$4,077,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$447,561,000LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$91,621,000LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$364,464,000BOYAmt
EOY$355,940,000EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$89,062,000BOYAmt
EOY$104,755,000EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$468,643,000BOYAmt
EOY$361,538,000EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$20,171,000BOYAmt
EOY$16,935,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,002,954,000BOYAmt
EOY$925,433,000EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,349,000BOYAmt
EOY$7,453,000EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,451,000BOYAmt
EOY$1,969,000EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$98,923,000BOYAmt
EOY$96,490,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$27,155,000BOYAmt
EOY$23,081,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$135,878,000BOYAmt
EOY$128,993,000EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$415,927,000BOYAmt
EOY$398,484,000EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$451,149,000BOYAmt
EOY$397,956,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$867,076,000BOYAmt
EOY$796,440,000EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,002,954,000BOYAmt
EOY$925,433,000EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$32,578,000ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$104,756,000NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$1,542,000OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$58,671,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$56,108,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$82,725,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$48,648,000CurrentTaxYearMinus1YearAmt
Current Tax Year$66,182,000CurrentTaxYearAmt
Total$312,334,000TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$58,671,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$56,108,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$82,725,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$48,648,000CurrentTaxYearMinus1YearAmt
Current Tax Year$66,182,000CurrentTaxYearAmt
Total$312,334,000TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$39,395,459SubstantialContributorsTotAmt
Public Support Total170$272,938,541PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,821,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,979,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,403,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,483,000CurrentTaxYearMinus1YearAmt
Current Tax Year$6,301,400CurrentTaxYearAmt
Total$36,987,400TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,360,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,477,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$707,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$720,000CurrentTaxYearMinus1YearAmt
Current Tax Year$301,700CurrentTaxYearAmt
Total$4,565,700TotalAmt
FieldValueIRS element (for citing)
Total Support$353,887,100TotalSupportAmt
Gross Receipts Rltd Activities$45,950,295GrossReceiptsRltdActivitiesAmt
Public Support CY1700.77130PublicSupportCY170Pct
Public Support PY1700.75890PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationGROSS INCOME FROM FUNDRAISING EVENTS - 2017 AMOUNT: $ 948,000. 2018 AMOUNT: $ 989,000. 2019 AMOUNT: $ 415,000. 2020 AMOUNT: $ 720,000. 2021 AMOUNT: $ 144,000. INSURANCE RECOVERY - 2017 AMOUNT: $ 0. 2018 AMOUNT: $ 0. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 150,000. MISCELLANEOUS INCOME - 2017 AMOUNT: $ 412,000. 2018 AMOUNT: $ 488,000. 2019 AMOUNT: $ 292,000. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 7,700.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$78,000DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$78,000TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1, LOBBYING ACTIVITIES:FormAndLineReferenceDesc
ExplanationTHE WHITNEY MUSEUM DOES NOT ENGAGE IN ANY DIRECT LOBBYING ACTIVITIES ITSELF. IN FISCAL YEAR 2022, THE MUSEUM ENGAGED THE SERVICES OF A LOBBYIST TO ASSIST IN PREPARING MATERIALS AND CONDUCTING MEETINGS TO GAIN FUNDING FOR THE MUSEUM'S CAPITAL PROJECTS IN STATE AND LOCAL BUDGETS.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets SaleYes (1)SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$481,944,000BeginningYearBalanceAmt
Contributions$10,644,000ContributionsAmt
Investment Earnings Or Losses-$66,710,000InvestmentEarningsOrLossesAmt
Other Expenditures$15,046,000OtherExpendituresAmt
End Year Balance$410,832,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$371,839,000BeginningYearBalanceAmt
Contributions$9,199,000ContributionsAmt
Investment Earnings Or Losses$108,663,000InvestmentEarningsOrLossesAmt
Other Expenditures$7,757,000OtherExpendituresAmt
End Year Balance$481,944,000EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$372,314,000BeginningYearBalanceAmt
Contributions$3,530,000ContributionsAmt
Investment Earnings Or Losses$11,834,000InvestmentEarningsOrLossesAmt
Other Expenditures$15,839,000OtherExpendituresAmt
End Year Balance$371,839,000EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$357,673,000BeginningYearBalanceAmt
Contributions$12,031,000ContributionsAmt
Investment Earnings Or Losses$17,630,000InvestmentEarningsOrLossesAmt
Other Expenditures$15,020,000OtherExpendituresAmt
End Year Balance$372,314,000EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$339,078,000BeginningYearBalanceAmt
Contributions$7,475,000ContributionsAmt
Investment Earnings Or Losses$24,942,000InvestmentEarningsOrLossesAmt
Other Expenditures$13,822,000OtherExpendituresAmt
End Year Balance$357,673,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.12315BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.66808PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.20877TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$34,662,000OtherCostOrOtherBasisAmt
Book Value$34,662,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$387,202,000OtherCostOrOtherBasisAmt
Depreciation$85,463,000DepreciationAmt
Book Value$301,739,000BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,002,000OtherCostOrOtherBasisAmt
Depreciation$2,002,000DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$23,216,000OtherCostOrOtherBasisAmt
Depreciation$4,156,000DepreciationAmt
Book Value$19,060,000BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$479,000OtherCostOrOtherBasisAmt
Book Value$479,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$355,940,000TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (6 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
EQUITY INVESTMENT FUNDS$120,796,000F
ALTT. INV.: MULTI-STRATEGY & OTHER$109,850,000F
EQUITY LONG/SHORT$64,409,000F
PRIVATE EQUITY$54,007,000F
INVESTMENT REDEMPTION RECEIVABLES$6,823,000F
REAL ASSETS$5,653,000F
FieldValueIRS element (for citing)
Total Book Value Securities$361,538,000TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
OPERATING LEASE LIABILITIES$17,694,000
ACCRUED PENSION OBLIGATION$3,555,000
BOND INTEREST PAYABLE$1,832,000
FieldValueIRS element (for citing)
Total Liability$23,081,000TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,717,000TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$104,756,000NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$241,000DonatedServicesAndUseFcltsAmt
Other Revenue$1,542,000OtherRevenueAmt
Revenue Not Reported-$102,973,000RevenueNotReportedAmt
Revenue Subtotal$108,690,000RevenueSubtotalAmt
Investment Expenses Not Incld$1,004,000InvestmentExpensesNotIncldAmt
Other Revenues Not Included$361,900OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,365,900RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$110,055,900TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$76,353,000TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$241,000DonatedServicesUseFcltsAmt
Expenses Not Reported$241,000ExpensesNotReportedAmt
Expenses Subtotal$76,112,000ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,004,000InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$361,900OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,365,900ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$77,477,900TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:COLLECTIONS OF ART, HISTORICAL TREASURES OR OTHER SIMILAR ASSETS: THE MUSEUM HAS AN EXTENSIVE COLLECTION OF ART, INCLUDING PAINTINGS, SCULPTURE, PHOTOGRAPHS, DRAWINGS, PRINTS, AND FILMS AND VIDEOS. THE COLLECTION IS MAINTAINED UNDER THE CARE OF THE REGISTRATION DEPARTMENT STAFF AND IS HELD FOR RESEARCH, EDUCATION AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN. PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. THE MUSEUM DOES NOT INCLUDE EITHER THE COST OR THE VALUE OF ITS COLLECTION IN THE STATEMENT OF FINANCIAL POSITION, NOR DOES IT RECOGNIZE GIFTS OF COLLECTION ITEMS AS REVENUES IN THE STATEMENT OF ACTIVITIES. SINCE ITEMS ACQUIRED FOR THE COLLECTION BY PURCHASE ARE NOT CAPITALIZED, THE COST OF THOSE ACQUISITIONS IS REPORTED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES.
PART III, LINE 4:COLLECTIONS OF ART, HISTORICAL TREASURES OR OTHER SIMILAR ASSETS: THE WHITNEY MUSEUM OF AMERICAN ART SEEKS TO BE THE DEFINING MUSEUM OF THE 20TH & 21ST CENTURY AMERICAN ART. THE MUSEUM COLLECTS, EXHIBITS, PRESERVES, RESEARCHES AND INTERPRETS ART OF THE UNITED STATES IN THE BROADCAST GLOBAL, HISTORICAL AND INTERDISCIPLINARY CONTEXTS. AS THE PREEMINENT ADVOCATE FOR AMERICAN ART, WE FOSTER THE WORK OF LIVING ARTISTS AT THE CRITICAL MOMENTS IN THEIR CAREERS. THE WHITNEY EDUCATES A DIVERSE PUBLIC THROUGH DIRECT INTERACTION WITH ARTISTS, OFTEN BEFORE THEIR WORK HAS ACHIEVED GENERAL ACCEPTANCE.
PART V, LINE 4:ORGANIZATION'S ENDOWMENT FUNDS: THE MUSEUM'S ENDOWMENT CONSISTS OF 147 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, PRIMARILY TO SUPPORT THE GENERAL OPERATIONS AND EXHIBITION PROGRAMS OF THE MUSEUM, AS WELL AS THE SUPPORT OF THE BIENNIAL EXHIBITION PROGRAM, PERMANENT COLLECTION ACQUISITIONS, AND CURATORIAL SUPPORT.
PART X, LINE 2:FIN 48 OVERVIEW THE MUSEUM FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE MUSEUM IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE (THE "CODE") SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE MUSEUM HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED BUSINESS INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE MUSEUM HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN ITS FINANCIAL STATEMENTS. IN ADDITION, THE MUSEUM HAS NOT RECORDED A PROVISION FOR INCOME TAXES, AS IT HAS NO MATERIAL TAX LIABILITY FROM UNRELATED BUSINESS INCOME ACTIVITIES.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN POST-RETIREMENT HEALTH AND OTHER BENEFITS OTHER THAN NET PERIODIC PENSION CHARGES AND SERVICE COST 1,605,000 NET PERIODIC PENSION CHARGES OTHER THAN SERVICE COST -63,000 TOTAL TO SCHEDULE D, PART XI, LINE 2D 1,542,000 PART XI AND XII, LINE 4B - OTHER ADJUSTMENTS: RESTAURANT EXPENSES 256,900 TRAVELING EXHIBITION FEES 105,000 TOTAL TO SCHEDULE D, PART XI AND XII, LINE 4B 361,900

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
CENTRAL AMERICA AND THE CARIBBEAN00INVESTMENTS$176,624,620
NORTH AMERICA00PROGRAM SERVICES$4,000TRAVELING EXHIBITIONS
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$176,628,620SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$176,628,620TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III ACCOUNTING METHOD:
FORM 990, SCHEDULE F, PART IV:THE MUSEUM INVESTS IN DOMESTIC AND FOREIGN INVESTMENT VEHICLES THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. NEVERTHELESS, THE MUSEUM'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR FILING THE FORMS 926, 5471, 8621 OR 8865. TO THE EXTENT SUCH A FORM WAS COMPLETED, IT HAS BEEN FILED WITH THE ORGANIZATION'S FORM 990-T.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALA AND STUDIO PARTYEvent1Nm
Gross Receipts Event1$5,142,000GrossReceiptsEvent1Amt
Charitable Contri Event1$4,998,000CharitableContriEvent1Amt
Gross Revenue Event1$144,000GrossRevenueEvent1Amt
Rent Facility Costs Event1$56,000RentFacilityCostsEvent1Amt
Food And Beverage Event1$162,000FoodAndBeverageEvent1Amt
Entertainment Event1$11,300EntertainmentEvent1Amt
Other Direct Expenses Event1$808,700OtherDirectExpensesEvent1Amt
Gross Receipts Total$5,142,000GrossReceiptsTotalAmt
Charitable Contributions Tot$4,998,000CharitableContributionsTotAmt
Gross Revenue Total Events$144,000GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$56,000RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$162,000FoodAndBeverageTotalEventsAmt
Entertainment Total Events$11,300EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$808,700OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$1,038,000DirectExpenseSummaryEventsAmt
Net Income Summary-$894,000NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFELLOWSHIPSGrantTypeTxt
Recipient108RecipientCnt
Cash Grant$316,000CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE WHITNEY MUSEUM'S INTERN PROGRAM OFFERS TRAINING AND DIRECT EXPERIENCE WORKING IN ONE OF NEW YORK CITY'S MOST EXCITING MUSEUMS. INTERNS ARE PLACED IN DEPARTMENTS ACROSS THE MUSEUM WHERE THEY ASSIST PROFESSIONAL STAFF, INTERACT WITH THE PUBLIC, CONDUCT RESEARCH, PROVIDE ADMINISTRATIVE SUPPORT, AND LEARN ABOUT MODERN AND CONTEMPORARY AMERICAN ART. INTERNS ALSO GAIN VALUABLE TRAINING, SKILLS, AND WORK EXPERIENCE AS WELL AS AN OPPORTUNITY TO BUILD A NETWORK OF PROFESSIONAL CONTACTS. INTERNS ARE ASSIGNED TO A SPECIFIC MUSEUM DEPARTMENT FOR THE DURATION AND ARE PARTNERS WITH A MENTOR FOR THE DURATION OF THEIR INTERNSHIP. THE WHITNEY MUSEUM OFFERS SUMMER AND ACADEMIC YEAR INTERNSHIPS. THE SUMMER INTERNSHIP IS A FULL-TIME, PAID, NINE-WEEK SESSION PRIMARILY FOR UNDERGRADUATE STUDENTS. THE PROGRAM INCLUDES TRAINING, DIRECT WORK EXPERIENCE, PROFESSIONAL DEVELOPMENT, AND A WEEKLY SPEAKER SERIES. THE ACADEMIC YEAR INTERNSHIP PROGRAM OFFERS A SEMESTER LONG INTERNSHIP FOR UNDERGRADUATE AND GRADUATE STUDENTS CURRENTLY ENROLLED IN AN ACCREDITED ACADEMIC PROGRAM. THE MUSEUM IS NOT REQUIRED TO UNDERTAKE ANY MONITORING ON THE USE OF THE FUNDS, SINCE ALL FELLOWSHIP RECIPIENTS RECEIVE THE AWARD IN EXCHANGE FOR THE INTERN SERVICES RENDERED.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ADAM D WEINBERG
ALICE PRATT BROWN DIRECTOR$716,343$0$1,500$0$215,232$0$92,360$0$24,242$0$1,049,677$0$0$0
SCOTT ROTHKOPF - SR DEP DIR
NANCY&STEVEN CROWN FAM CHIEF CURATOR$413,823$0$1,500$0$0$0$19,232$0$9,516$0$444,071$0$0$0
AMY ROTH
CO-CHIEF OPERATING OFFICER$371,243$0$1,500$0$0$0$19,822$0$24,242$0$416,807$0$0$0
IDEHEN ARUEDE
CFO/CO-CHIEF OPERATING OFFICER$385,933$0$1,500$0$0$0$19,822$0$9,473$0$416,728$0$0$0
PAMELA BESNARD
CHIEF ADVANCEMENT OFFICER$362,044$0$1,500$0$0$0$19,902$0$24,242$0$407,688$0$0$0
CAROL C MANCUSI-UNGARO - MELVA
BUCKSBAUM ASSO. DIR. CONSERV. & RSCH$253,315$0$1,500$0$0$0$15,683$0$9,232$0$279,730$0$0$0
STEPHANIE ADAMS
DIR., INDIVIDUAL & PLANNED GIVING$213,706$0$1,500$0$0$0$15,511$0$24,073$0$254,790$0$0$0
NICHOLAS S HOLMES
GENERAL COUNSEL/ASSISTANT SECRETARY$199,283$0$6,500$0$0$0$14,225$0$24,046$0$244,054$0$0$0
CHRISTY L PUTNAM - ASSO DIR
EXHIBITIONS & COLLECTIONS MANAGEMENT$212,727$0$1,500$0$0$0$14,619$0$9,318$0$238,164$0$0$0
CHRISTINE MELLAMPE
CHIEF HUMAN RESOURCES OFFICER$212,945$0$1,500$0$0$0$0$0$20,492$0$234,937$0$0$0
EUNICE LEE
DIR., STRG. PARTNERSHIPS & EVENTS$197,025$0$6,500$0$0$0$13,809$0$8,960$0$226,294$0$0$0
LINDSAY POLLOCK THRU 042022
CHIEF COMMUNICATIONS & CONTENT OFF.$203,112$0$1,500$0$0$0$13,166$0$568$0$218,346$0$0$0
ADRIAN HARDWICKE THRU 042021
CHIEF VISITOR EXPERIENCE OFFICER$83,546$0$0$0$76,488$0$4,283$0$7,407$0$171,724$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AHOUSING ALLOWANCE: THE WHITNEY MUSEUM PROVIDES A HOUSING ALLOWANCE TO THE ALICE PRATT BROWN DIRECTOR, ADAM D. WEINBERG PURSUANT TO THE TERMS OF HIS WRITTEN EMPLOYMENT CONTRACT; TO THE EXTENT THAT HOUSING IS TAXABLE, IT IS INCLUDED IN HIS TAXABLE WAGES AND REPORTED IN SCHEDULE J, PART II, COLUMN B(III).
PART I, LINES 4A-BSEVERANCE PAYMENTS: DURING THE CALENDAR YEAR 2021, CHIEF VISITOR EXPERIENCE OFFICER, ADRIAN HARDWICKE RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $76,488. THIS AMOUNT IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III). NON-QUALIFIED RETIREMENT PLAN: IN CALENDAR YEAR 2021, ADAM WEINBERG RECEIVED $72,410 IN CONTRIBUTIONS INTO HIS DEFERRED COMPENSATION PLAN; THIS AMOUNT IS REPORTED IN FORM 990, SCHEDULE J, PART II, COLUMN (C). ANY EARNINGS ON AMOUNTS CONTRIBUTED INTO THIS PLAN ARE NOT INCLUDED IN SCHEDULE J (AS REQUIRED BY THE FORM 990 INSTRUCTIONS) AND WILL BE REPORTED AT SUCH TIME AS THE DEFERRED COMPENSATION IS PAID OUT.
PART I, LINE 7THE MUSEUM DIRECTORS AUTHORIZED A $1,500 BONUS TO ALL MUSEUM EMPLOYEES WHO PERFORMED EXCELLENTLY THROUGHOUT THE CHALLENGING COVID-19 PANDEMIC. ADDITIONAL SMALL BONUSES WERE PROVIDED TO NICHOLAS HOLMES AND EUNICE LEE TO RECOGNIZE THEM FOR MEETING CERTAIN PERFORMANCE RELATED OBJECTIVES.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1THE TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN131789318BondIssuerEIN
CUSIP649717VM4CUSIPNum
Bond Issued2021-01-07BondIssuedDt
Issue Price$101,213,818IssuePriceAmt
PurposeSEE PART V BELOWPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Total Proceeds$101,213,818TotalProceedsAmt
Issuance Costs From Proceeds$854,400IssuanceCostsFromProceedsAmt
Capital Expenditures$100,083,367CapitalExpendituresAmt
Other Spent Proceeds$276,052OtherSpentProceedsAmt
Substantial Completion2021SubstantialCompletionYr
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease ArrangementsYes (1)AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropYes (1)MgmtContractBondFincdPropInd
Engage Bond Counsel ContractsYes (1)EngageBondCounselContractsInd
Any Research Agreements0AnyResearchAgreementsInd
Private Bus Use By Others0.00000PrivateBusUseByOthersPct
Private Bus Concerning UBI0.00000PrivateBusConcerningUBIPct
Total Private Business Use0.00000TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due YetYes (1)RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate Issue0VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor Reqs0WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K, SUPPLEMENTAL INFORMATION:IN JANUARY 2021, THE TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK (THE "TRUST") ISSUED SERIES 2021 REFUNDING REVENUE BONDS PURSUANT TO THE REFUNDING REVENUE BOND RESOLUTION (WHITNEY MUSEUM OF AMERICAN ART), AS SUPPLEMENTED BY THE SERIES 2021 RESOLUTION, EACH ADOPTED BY THE TRUST ON DECEMBER 7, 2020, THE PROCEEDS OF WHICH HAVE BEEN LOANED TO THE MUSEUM PURSUANT TO A LOAN AGREEMENT DATED AS OF JANUARY 1, 2021 BY AND BETWEEN THE MUSEUM AND THE TRUST. SUCH PROCEEDS HAVE BEEN APPLIED TO THE REFINANCING OF THE MUSEUM'S 2011 REVENUE BONDS WHICH WERE USED TO FINANCE THE MUSEUM'S NEW DOWNTOWN FACILITY LOCATED IN THE MEATPACKING DISTRICT IN MANHATTAN, NEW YORK.
SCHEDULE K, PART II, LINE 1:THE MUSEUM'S TAX-EXEMPT BOND IS AN INTEREST-ONLY BOND; THE MUSEUM WILL BE REQUIRED TO REPAY THE BOND IN FULL IN THE YEAR ENDING JUNE 30, 2032. SCHEDULE K, PART II, LINE 10: OTHER SPENT PROCEEDS REFLECT $270,982 OF AN UNDERWRITER'S DISCOUNT AND $5,070 OF ADDITIONAL CASH PROCEEDS NOT IDENTIFIED ELSEWHERE ON THE SCHEDULE K. SCHEDULE K, PART III, LINE 2: THE MUSEUM ENTERS INTO VARIOUS LICENSE AGREEMENTS WHICH ARE ALLOCATED TO THE NON-FINANCED PORTION OF THE SPACE.

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution17ContributionCnt
Method Of Determining RevenuesN/AMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution73ContributionCnt
Noncash Contributions Rpt F990$4,509,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescLAPTOPSDesc
Contribution38ContributionCnt
Noncash Contributions Rpt F990$31,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received17Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (1)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 32B:TO THE EXTENT THE MUSEUM RECEIVES DONATIONS OF SECURITIES OR OTHER INVESTMENT ASSETS, IT CONVERTS THOSE ASSETS, INTO CASH. IN ADDITION, THE MUSEUM OCCASIONALLY COMMISSIONS LIMITED EDITION WORKS OF ART THAT WILL BE SOLD TO SUPPLEMENT THE MUSEUM'S FUNDRAISING EFFORTS. THE MUSEUM WILL ENGAGE THIRD PARTY VENDORS TO SELL THESE WORKS OF ART.
PART I, LINE 33:NO AMOUNT IS REPORTED ON FORM 990, PART VIII, STATEMENT OF REVENUE, LINE 1G, BECAUSE THE WHITNEY DOES NOT CAPITALIZE ITS COLLECTIONS, AS PERMITTED UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1 (ORGANIZATION'S MISSION CONTINUED):AS THE PREEMINENT ADVOCATE FOR AMERICAN ART, WE FOSTER THE WORK OF LIVING ARTISTS AT CRITICAL MOMENTS IN THEIR CAREERS. THE WHITNEY EDUCATES A DIVERSE PUBLIC THROUGH DIRECT INTERACTION WITH ARTISTS, OFTEN BEFORE THEIR WORK HAS ACHIEVED GENERAL ACCEPTANCE. THE WHITNEY MUSEUM OF AMERICAN ART WAS FOUNDED BY GERTRUDE VANDERBILT WHITNEY IN 1930. AN ARTIST AND PHILANTHROPIST, SHE BELIEVED THAT ARTISTS WERE ESSENTIAL TO DEFINING, CHALLENGING, AND EXPANDING CULTURE. THE MUSEUM BECAME A SITE WHERE ARTISTS AND AUDIENCES ENGAGED OPENLY WITH UNTESTED IDEAS. TODAY, THIS HISTORY INFORMS WHO WE ARE AND HOW WE SERVE OUR PUBLIC. THE WHITNEY BELIEVES: - IN THE POWER OF ARTISTS AND ART TO SHAPE LIVES AND COMMUNITIES; - THAT WE MUST BE AS EXPERIMENTAL, RESPONSIVE, AND RISK-TAKING AS THE ARTISTS WITH WHOM WE COLLABORATE; - IN CREATING EXPERIENCES THAT ENGAGE AND RAISE QUESTIONS FOR OUR AUDIENCES, AND, IN TURN, LEARNING FROM OUR AUDIENCES; - THAT OUR WORK EMBRACES COMPLEXITY AND ENCOURAGES AN INCLUSIVE IDEA OF AMERICA; - IN THE IMPORTANCE OF HISTORY: THAT THE PAST INFORMS OUR PRESENT AND THAT CONTEMPORARY ART CAN HELP US BETTER UNDERSTAND OUR PAST AND REALIZE OUR FUTURE; - THAT WE MUST LEAD WITH EXPERTISE, DEBATE, SELF-REFLECTION, AND INTEGRITY; - THAT THE WHITNEY THRIVES BECAUSE OF RELATIONSHIP SAMONG ARTISTS, AUDIENCES, STAFF, AND BOARD ALIKE FORGED FROM DIALOGUE, PREMISED ON RESPECT, AND COMMITTED TO A SHARED PURPOSE.
FORM 990, PART VI, SECTION A, LINE 1AVOTING MEMBERS: IN ACCORDANCE WITH THE MUSEUM'S BY-LAWS, THE EXECUTIVE COMMITTEE CONSISTS ENTIRELY OF MUSEUM TRUSTEES. THE EXECUTIVE COMMITTEE CURRENTLY CONSISTS OF 22 MEMBERS AND IS COMPOSED OF CERTAIN TRUSTEE OFFICERS, CERTAIN TRUSTEE COMMITTEE CHAIRS, AND OTHER TRUSTEES ELECTED BY RESOLUTION OF THE BOARD OF TRUSTEES. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, AND SUBJECT TO THE GENERAL POLICIES ESTABLISHED BY THE BOARD, THE EXECUTIVE COMMITTEE HAS ALL THE POWERS OF THE FULL BOARD, EXCLUDING (I) THE REMOVAL OF TRUSTEES AND OFFICERS, (II) APPOINTING OF COMMITTEE CHAIRS, AND (II) AMENDING THE BY-LAWS.
FORM 990, PART VI, SECTION A, LINE 2FAMILY/BUSINESS RELATIONSHIPS: NEIL BLUHM (TRUSTEE) AND LESLIE BLUHM (TRUSTEE) HAVE A FAMILY RELATIONSHIP. DAVID W. ZALAZNICK (TRUSTEE) AND THOMAS E. TUFT (TRUSTEE), NEIL G. BLUHM (TRUSTEE) HAVE A BUSINESS RELATIONSHIP. RICHARD M. DEMARTINI (CHAIRMAN) AND ROBERT J. HURST (CHAIRMAN OF EXECUTIVE COMMITTEE) HAVE A BUSINESS RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 REVIEW PROCESS: THE MUSEUM'S FORM 990 TAX FILING IS COMPILED BASED ON INFORMATION OBTAINED FROM THE MUSEUM'S GENERAL LEDGER, AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL SYSTEMS. THE MUSEUM'S CO-CHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER, SENIOR FINANCE/ACCOUNTING STAFF, GENERAL COUNSEL AND EXTERNAL TAX ADVISORS PARTICIPATE IN A SERIES OF DETAILED REVIEWS OF ALL INFORMATION TO BE INCLUDED IN THE FILING. ALL INFORMATION INCLUDED IN THE RETURN IS REVIEWED BY THE GROUP FOR ACCURACY AND CONTENT. THE COMPLETED FORM 990 AND RELATED SCHEDULES ARE ALSO PROVIDED TO THE MUSEUM'S SENIOR MANAGEMENT AND REVIEWED IN DETAIL WITH THE CO-CHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER. FINALLY, A PUBLIC INSPECTION COPY IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. THE MUSEUM'S EXTERNAL TAX ADVISORS FILE THE FORM 990 ELECTRONICALLY WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT: THE MUSEUM'S CODE OF ETHICS CONTAINS DETAILED DISCLOSURE REQUIREMENTS WITH RESPECT TO THE CONFLICTS OF INTERESTS FOR ITS BOARD AND STAFF. ON A REGULAR BASIS, THE BOARD AND OFFICERS OF THE MUSEUM COMPLETE A CONFLICTS OF INTEREST QUESTIONNAIRE. RESPONSES ARE COMPILED, REVIEWED WITH GENERAL COUNSEL AND THE CO-CHIEF OPERATING OFFICER AND CHIEF FINANCIAL OFFICER, AND FORWARDED TO THE AUDIT COMMITTEE. IF A CONFLICT IS DISCLOSED, BOARD MEMBERS WITH POTENTIAL CONFLICTS MAY NOT PARTICIPATE IN DELIBERATIONS AND NEED TO RECUSE THEMSELVES FROM VOTING ON PARTICULAR MATTERS. IN ADDITION, OFFICERS AND KEY EMPLOYEES ARE ASKED ANNUALLY TO REVIEW AND ACKNOWLEDGE COMPLIANCE WITH THE MUSEUM'S CODE OF ETHICS.
FORM 990, PART VI, SECTION B, LINE 15PROCESS FOR DETERMINING COMPENSATION: THE MUSEUM HAS A HUMAN RESOURCES/COMPENSATION COMMITTEE OF THE BOARD MEMBERS INCLUDE THE CHAIRMAN, PRESIDENT, CHAIR OF THE FINANCE COMMITTEE ALONG WITH THREE OTHER TRUSTEES. THE COMMITTEE MEETS PERIODICALLY TO REVIEW PERFORMANCE AND COMPENSATION FOR THE DIRECTOR AND CERTAIN OTHER SENIOR STAFF. AS PART OF THE PROCESS, THE COMMITTEE REVIEWS COMPARATIVE DATA OBTAINED FROM SEVERAL INDEPENDENT SOURCES WHICH PROVIDE DATA FOR SIMILAR POSITIONS IN NEW YORK CITY AND NATIONALLY.
FORM 990, PART VI, SECTION C, LINE 19HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC: AUDITED FINANCIAL STATEMENTS AND THE FORM 990 ARE MADE AVAILABLE ON THE MUSEUM'S WEBSITE. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST AT MANAGEMENT'S DISCRETION.
PART X, LINE 15:THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") IMPLEMENTED A NEW LEASE ACCOUNTING STANDARD THAT BECAME EFFECTIVE FOR WHITNEY MUSEUM OF AMERICAN ART IN THE YEAR ENDING JUNE 30, 2021. THIS ACCOUNTING STANDARD WAS EFFECTUATED TO IMPROVE THE TRANSPARENCY SURROUNDING KEY INFORMATION PERTAINING TO AN EXEMPT ORGANIZATION'S LEASING ARRANGEMENTS (AND TO ENSURE THAT ALL ORGANIZATIONS WERE RECORDING THE TRANSACTIONS UNIFORMLY ON THEIR BALANCE SHEETS).
FORM 990, PART XI, LINE 9:CHANGE IN POST-RETIREMENT HEALTH AND OTHER BENEFITS OTHER THAN NET PERIODIC PENSION CHARGES AND SERVICE COST 1,605,000. NET PERIODIC PENSION CHARGES OTHER THAN SERVICE COST -63,000.
FORM 990 - GENERAL:AMOUNTS REFLECTED IN THE 2021 FORM 990 FOR THE YEAR ENDED JUNE 30, 2022 HAVE BEEN ROUNDED TO THE NEAREST THOUSAND TO CONFORM WITH THE PRESENTATION IN THE MUSEUM'S AUDITED FINANCIAL STATEMENTS.

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