CAFESJIAN ART TRUST: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CAFESJIAN ART TRUST (EIN 47-5043279)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-13
- IRS object ID
- 202511339349103516
- Schema version
- 2024v5.1
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
- Transfers Frm Controlled Entities
- Transfers To Controlled Entities
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-13T15:00:23-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 991856619 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 THIRD AVENUE 3RD FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 475043279 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAFESJIAN ART TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CAFE | BusinessNameControlTxt |
| Phone | 6123598991 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4600 CHURCHILL ST 1 | AddressLine1Txt |
| City | SHOREVIEW | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55126 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHLEEN BARADARAN | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6123598991 | PhoneNum |
| Signature | 2025-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SCOTT THOMPSETT | PreparerPersonNm |
| PTIN | P00741490 | PTIN |
| Phone | 2125990100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $76,588,477 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $10,327 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $60,269 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $60,269 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $60,269 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $1,313,940 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,313,940 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,313,940 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $1 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $1 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $1 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $1 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $112,358 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,990,480 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $112,358 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $96,868 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $5,468 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $757 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $757 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,502,363 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,487,325 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,471,835 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $48,192 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $9,638 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $9,638 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $38,553 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $659,294 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $50,586 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $50,586 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $608,708 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $189,704 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $13,016 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $13,016 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $176,688 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $15,425 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $15,425 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $15,075 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $5,161 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $5,161 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $5,161 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $163,077 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $133,904 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $133,904 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $29,173 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $15,142 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $15,142 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $15,142 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $218,710 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $146,923 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $163,042 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $9,840 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $9,961 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $327,567 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $85 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $85 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $334,719 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,808,949 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $227,532 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $227,532 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,381,430 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,808,949 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $227,532 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $227,532 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,381,430 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$306,586 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,259,793 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,244,303 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $225,402 | CashBOYAmt |
| Cash EOY | $464,952 | CashEOYAmt |
| Cash EOYFMV | $464,952 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $5,016,425 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,299,474 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,299,474 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $10,058 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $44,372 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $44,372 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $33,345,755 | CorporateStockBOYAmt |
| Corporate Stock EOY | $37,483,923 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $37,483,923 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,757,580 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,259,196 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,259,196 | CorporateBondsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $7,255,513 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $476,252 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $6,858,387 | LandBOYAmt |
| Land EOY | $6,779,261 | LandEOYAmt |
| Land EOYFMV | $6,779,261 | LandEOYFMVAmt |
| Other Assets BOY | $28,115,035 | OtherAssetsBOYAmt |
| Other Assets EOY | $28,257,299 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $28,257,299 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $75,328,642 | TotalAssetsBOYAmt |
| Total Assets EOY | $76,588,477 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $76,588,477 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $20,384 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $18,930 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $20,384 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $18,930 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $75,308,258 | RetainedEarningBOYAmt |
| Retained Earning EOY | $76,569,547 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $75,308,258 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $76,569,547 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $75,328,642 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $76,588,477 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $75,308,258 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$306,586 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,567,875 | OtherIncreasesAmt |
| Subtotal | $76,569,547 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $76,569,547 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| ST CAPITAL GAIN ON SECURITIES | $2,468,083 | $2,371,215 | $96,868 | $96,868 | |
| LT CAPITAL LOSS ON SECURITIES | $8,286,204 | $8,504,315 | -$218,111 | -$218,111 | |
| LT LOSS ON DISPOSAL OF ART | $2,592 | -$2,592 | -$2,592 | ||
| CAPITAL GAINS DIVIDENDS | $236,193 | $236,193 | $236,193 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $112,358 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $96,868 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $17,511 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $17,511 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $17,511 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $22,103 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $22,103 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $4,592 | OverpaymentAmt |
| Applied To ES Tax | $4,592 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MN | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | KATHLEEN BARADARAN | IndividualWithBooksNm |
| Phone | 6123598991 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4600 CHURCHILL ST SUITE 1 | AddressLine1Txt |
| City | SHOREVIEW | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55126 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHLEEN N BARADARAN | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4600 CHURCHILL ST SUITE 1 | AddressLine1Txt |
| City | SHOREVIEW | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55126 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | PRESIDENT | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 12.30 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $48,192 | CompensationAmt |
| Employee Benefit Program | $6,054 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| BEN ALBAUGH | ||||||||
| 4600 CHURCHILL ST SUITE 1 | SHOREVIEW | MN | 55126 | FACILITIES MANAGER | 40.00 | $89,641 | $39,811 | $0 |
| ANDREW SCHLAUCH | ||||||||
| 4600 CHURCHILL ST SUITE 1 | SHOREVIEW | MN | 55126 | EXECUTIVE DIRECTOR | 40.00 | $113,192 | $15,468 | $0 |
| MANUEL RODRIGUEZ | ||||||||
| 4600 CHURCHILL ST SUITE 1 | SHOREVIEW | MN | 55126 | PREPARATOR | 40.00 | $74,603 | $42,845 | $0 |
| ASHLEY WALKER | ||||||||
| 4600 CHURCHILL ST SUITE 1 | SHOREVIEW | MN | 55126 | COLLECTIONS MANAGER | 40.00 | $78,023 | $9,509 | $0 |
| LAURA STEEFEL-MOORE | ||||||||
| 4600 CHURCHILL ST SUITE 1 | SHOREVIEW | MN | 55126 | EDUCATION & COMMUNIT | 40.00 | $72,491 | $8,152 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 2 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NORTHERN TRUST COMPANY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 803878 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60680 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $133,904 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE CAFESJIAN ART TRUST HOUSES A MODERN AND CONTEMPORARY ART COLLECTION LIKE NO OTHER. THE MUSEUM FEATURES 5000 SQUARE FEET OF EXHIBITION SPACE, INCLUDING A LIBRARY THAT IS AVAILABLE FOR RESEARCH. THE CAFESJIAN ART TRUST COLLECTION IS A 3,000+ PIECE ASSEMBLY OF BREATHTAKING WORKS INCLUDING STUDIO GLASS BY INTERNATIONAL ARTISTS SUCH AS DALE CHIHULY, MARY ANNE 'TOOTS' ZYNSKY, STANISLAV LIBENSK AND JAROSLAVA BRYCHTOV, AND MODERN AND CONTEMPORARY ARTWORK BY ARSHILE GORKY, VICTOR VASARELY, GEORGES BRAQUE AND MANY OTHER WORLD-RENOWNED ARTISTS.THE CAFESJIAN ART TRUST WAS ESTABLISHED BY THE FAMILY OF GERARD CAFESJIAN TO SHARE HIS COLLECTION OF CONTEMPORARY AND MODERN ART WITH THE PUBLIC. OUR MISSION IS TO PROVIDE AN AESTHETIC AND EDUCATIONAL EXPERIENCE THROUGH OUR COLLECTION FOR THE BENEFIT OF THE PUBLIC. THE MUSEUMS IS FREE AND OPEN TO THE PUBLIC FOR GUIDED TOURS. | Description1Txt |
| Expenses1 | $6,263,780 | Expenses1Amt |
| Description2 | COSTS TO PROPERLY STORE AND MAINTAIN ART THAT WILL EVENTUALLY BE DISPLAYED IN THE MUSEUM AS IT ROTATES EXHIBITIONS. | Description2Txt |
| Expenses2 | $136,938 | Expenses2Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $38,608,631 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,751,604 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $41,360,235 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $41,360,235 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $620,404 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $40,739,831 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,036,992 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,381,430 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $5,019,288 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $6,400,718 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2016-06-07 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,244,303 | CurrentYearAmt |
| Year1 | $994,128 | Year1Amt |
| Year2 | $602,371 | Year2Amt |
| Year3 | $737,364 | Year3Amt |
| Total | $3,578,166 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,057,658 | CurrentYearAmt |
| Year1 | $845,009 | Year1Amt |
| Year2 | $512,015 | Year2Amt |
| Year3 | $626,759 | Year3Amt |
| Total | $3,041,441 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $6,400,718 | CurrentYearAmt |
| Year1 | $6,231,166 | Year1Amt |
| Year2 | $5,628,909 | Year2Amt |
| Year3 | $2,870,488 | Year3Amt |
| Total | $21,131,281 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $2,030,000 | Year2Amt |
| Year3 | $1,570,000 | Year3Amt |
| Total | $3,600,000 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $6,400,718 | CurrentYearAmt |
| Year1 | $6,231,166 | Year1Amt |
| Year2 | $3,598,909 | Year2Amt |
| Year3 | $1,300,488 | Year3Amt |
| Total | $17,531,281 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,357,995 | CurrentYearAmt |
| Year1 | $1,257,973 | Year1Amt |
| Year2 | $1,293,783 | Year2Amt |
| Year3 | $1,296,003 | Year3Amt |
| Total | $5,205,754 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $60,269 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,313,940 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $1 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $757 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $112,358 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX REFUND | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $4,711 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,492,036 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,492,036 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEES | CategoryTxt |
| Amt | $15,075 | Amt |
| Net Investment Income | $5,161 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,161 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $5,161 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $2,259,196 | EOYBookValueAmt |
| EOYFMV | $2,259,196 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| PUBLICLY TRADED SECURITIES | $23,355,705 | $23,355,705 |
| FIXED INCOME ETF | $14,128,218 | $14,128,218 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FREDRIKSON & BYRON, P.A. | $14,920 | $0 | $0 | $14,920 |
| TAFT STETTINIUS & HOLLISTER LLP | $505 | $0 | $0 | $505 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ART | $28,111,850 | $28,255,534 | $28,255,534 |
| INTEREST RECIEVABLE | $3,185 | $1,765 | $1,765 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (24 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ART RELATED EXPENSES | $129,856 | $0 | $0 | $135,490 |
| WEBSITE EXPENSES | $37,631 | $0 | $0 | $37,731 |
| INSURANCE EXP | $25,148 | $0 | $0 | $25,148 |
| COMPUTER & INTERNET EXPENSE | $22,502 | $0 | $0 | $21,347 |
| PAYROLL SERVICE FEES | $20,801 | $0 | $0 | $20,801 |
| SOFTWARE SUBSCRIPTION | $18,489 | $0 | $0 | $19,778 |
| ADVERTISING | $13,745 | $0 | $0 | $13,745 |
| EXHIBIT GRAND OPENINGS | $13,361 | $0 | $0 | $15,178 |
| TEMPORARY OFFICE HELP | $10,690 | $0 | $0 | $10,690 |
| LANDSCAPING AND MOVING | $9,131 | $0 | $0 | $9,131 |
| EDUCATION & COMMUNITY ENGAGEMENT | $8,588 | $0 | $0 | $8,588 |
| OFFICE SUPPLIES | $7,814 | $0 | $0 | $7,388 |
| MEMBERSHIPS | $2,565 | $0 | $0 | $2,565 |
| COPIER MAINTENANCE & SUPPLIES | $2,063 | $0 | $0 | $2,063 |
| EMERGENCY SUPPLIES | $2,041 | $0 | $0 | $2,113 |
| DOMAIN NAMES | $1,039 | $0 | $0 | $1,069 |
| POSTAGE & SHIPPING | $835 | $0 | $0 | $835 |
| KITCHEN SUPPLIES | $409 | $0 | $0 | $409 |
| MEDICAL SUPPLIES & TRAINING | $254 | $0 | $0 | $254 |
| REPAIRS & MAINTENANCE - FORKLIFT | $149 | $0 | $0 | $149 |
| DUES & SUBSCRIPTIONS | $145 | $0 | $0 | $145 |
| BACKGROUND CHECK | $126 | $0 | $0 | $102 |
| MISC. EXPENSE | $100 | $0 | $0 | $0 |
| BANK SERVICE CHARGE | $85 | $85 | $85 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER INVESTMENT INCOME | $757 | $757 | $757 |
| EXCISE TAX REFUND | $4,711 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAINS ON INVESTMENT | $1,565,615 |
| BOOK-TO-TAX ADJUSTMENT | $2,260 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $133,904 | $133,904 | $133,904 | $0 |
| EMPLOYEE STAFFING FIRMS | $29,173 | $0 | $0 | $29,173 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | CategoryTxt |
| Amt | $15,142 | Amt |
| Net Investment Income | $15,142 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $15,142 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Transfers Frm Controlled Entities TransfersFrmControlledEntities
Transfers From Controlled Ent TransfersFromControlledEntGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | DescDesc | AmtAmt |
|---|---|---|---|---|---|---|
| THE CAT MUSEUM LLC | ||||||
| 4600 CHURCHILL ST | SHOREVIEW | MN | 55126 | 873647784 | REIMBURSEMENT FOR EXPENSES INCURRED | $0 |
| THE CAT MUSEUM LLC | ||||||
| 4600 CHURCHILL ST | SHOREVIEW | MN | 55126 | 873647784 | RENTAL INCOME | $1,775,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,224 | TotalAmt |
Transfers To Controlled Entities TransfersToControlledEntities
Transfers To Controlled Ent TransfersToControlledEntGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CAT MUSEUM LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4600 CHURCHILL ST | AddressLine1Txt |
| City | SHOREVIEW | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55126 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 873647784 | EIN |
| Desc | CAPITAL CONTRIBUTION | Desc |
| Amt | $1,775,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,775,000 | TotalAmt |