2023-08-15T14:04:29-07:00 2022-06-30 911845430 BYRON A PARKER CPA 500 SOUTH CENTER STREET FORNEY TX 75126 990 2021-07-01 020601628 THE NASHER SCULPTURE CENTER NASH 2142425100 2001 FLORA DALLAS TX 75201 BYRON A PARKER TREASURER 2142425100 2022-10-31 true BYRON PARKER XXX-XX-XXXX BYRON A PARKER CPA P00541643 9725640247 2023-08-15 X 3 AAL1 IAL1 FAL1 2021 2023-04-26 12:10:37Z BYRON A PARKER 2001 FLORA DALLAS TX 75201 8166229 false X N/A X 2003 TX TO OPERATE A MUSEUM FEATURING MODERN ART 7 0 67 20 -50367 0 9492320 6492231 1130222 178269 107317 44218 462156 538376 11192015 7253094 10000 0 0 0 4643869 3885675 52625 0 1365833 5476882 5962695 10183376 9848370 1008639 -2595276 5120886 3282205 1437650 2194245 3683236 1087960 THE MISSION OF THE NASHER SCULPTURE CENTER IS TO BE THE INTERNATIONAL FOCAL POINT AND CATALYST FOR THE STUDY, INSTALLATION, CONSERVATION, AND APPRECIATION OF MODERN AND CONTEMPORARY SCULPTURE false false 5578917 0 0 THE NASHER SCULPTURE CENTER (CENTER) OPERATES A MUSEUM TO DISPLAY MODERN ART AND FROM TIME TO TIME FEATURES EXHIBITS OF WORKS BORROWED FROM OTHER MUSEUMS. THE CENTER HAD 44,041 VISITORS DURING THE NINE-MONTH 2021 TAX YEAR. 326089 0 0 THE CENTER CONDUCTS EDUCATIONAL PROGRAMS FOR MEMBERS AND VISITORS ABOUT MODERN ART THROUGH FREE FIRST SATURDAYS, STUDENT TOURS, TEACHER WORKSHOPS, MUSEUM FORUMS FOR TEACHERS, SUMMER INSTITUTE FOR TEENSS, HOMESCHOOL WORKSHOPS MUSEUM 101 AND STUDIO 360. DURING THE NINE-MONTH 2021 TAX YEAR THERE WERE 6,212 PARTICIPANTS IN THESE PROGRAMS. 5905006 true true false false false false false true false true true false false false true false true false false false false false false true true false false false true true false false false true false false false false true true false false false true false false false true 7 0 true 67 true true true false false false false true true false false false false false false X 7 0 true false false false true false false true true false false false true true true true true true true false JOHN MCBRIDE 2142425145 2001 FLORA STREET DALLAS TX 75201 ANDREA NASHER TRUSTEE 5.00 X 0 0 0 NANCY NASHER HAEMISEGGER TRUSTEE 5.00 X 0 0 0 DAVID HAEMISEGGER TRUSTEE, PRESIDENT 5.00 X X 0 0 0 SARA HAEMISEGGER TRUSTEE 5.00 X 0 0 0 TYREE COLLIER TRUSTEE 5.00 X 0 0 0 STEPHEN STAMAS TRUSTEE 5.00 X 0 0 0 MARC PECHERSKY TRUSTEE 5.00 X 0 0 0 JEREMY STRICK EXECUTIVE DIRECTOR 40.00 X 569415 0 25719 JOHN MCBRIDE CHIEF OPERATING & FINANCIAL OFFICER 40.00 X 253031 0 25719 NEIL MCGLENNON ADMINISTRATIVE DIRECTOR 40.00 X 232743 0 25719 JILL MAGNUSON DIRECTOR OF EXTERNAL AFFAIRS 40.00 X 213800 0 15604 BYRON A PARKER CPA TREASURER 1.00 X 0 3640 0 DAVID MORSE CHIEF CURATOR 40.00 X 143957 0 33324 JOYCE CRAVENS INFORMATION TECHNOLOGY 40.00 X 123285 0 17031 1536231 3640 143116 6 false true false DISPLAYS UNLIMITED INC 626 106TH ST ARLINGTON TX 76011 ART INSTALLATION 688538 ALLIED UNIVERSAL SECURITY PO BOX 277463 ATLANTA GA 30384 SECURITY 515604 XAVIER HUFKENS 44 RUE VAN EYCK BRUSSELS NY 10014 SCULPTURE PURCHASE 314328 WOLFGANG PUCK PO BOX 41763 BOSTON MA 02241 CAFE & CATERING 259677 K COMMUNICATION PO BOX 25435 DALLAS TX 75225 MARKETING MANAGEMENT 242693 12 799342 4980000 18250 694639 6492231 MUSEUM ADMISSION FEES 900099 104477 0 0 PROGRAM FEES 900099 73792 0 0 178269 27672 0 27672 407510 407510 407510 407510 288450 271904 16546 16546 0 0 16546 898478 478176 420302 0 420302 95899 163055 -67156 -16789 -50367 UNREAL GAINS/LOSSES INVEST. 900099 -228369 0 0 -228369 MISCELLANEOUS 900099 6089 6089 0 0 -222280 7253094 167569 -50367 643661 1144164 542492 424530 177142 1833360 947707 564643 321010 95301 467 94834 0 587887 381818 115867 90202 224963 116634 72471 35858 2898 2898 0 0 65408 0 65408 0 11403 11403 0 0 304431 0 224592 79839 2087673 1234179 395911 457583 214990 20131 135915 58944 1092731 758044 291580 43107 239155 198774 4060 36321 2860 25 2835 0 156098 49946 91536 14616 164959 56947 92582 15430 EXHIBITION INSTALLATION 1011985 975437 767 35781 COLLECTION ACQUISITIONS 608074 608074 0 0 MISCELLANEOUS 30 30 0 0 9848370 5905006 2577531 1365833 946304 483117 0 0 757804 235722 190695 91187 550063 0 0 0 0 0 138842 0 344819 167386 2803537 1926309 974274 877228 1725969 1425411 0 0 0 0 0 0 -507884 2154 5120886 3282205 1111503 1884811 0 0 326147 302993 0 0 0 0 0 0 0 0 0 0 0 6441 1437650 2194245 X 363338 -1085672 3319898 2173632 3683236 1087960 5120886 3282205 -2595276 0 0 0 0 0 X false true true false X 0 0 11112332 10354814 11230621 10197673 7618463 50513903 1251058 833295 331479 584393 681679 3681904 0 0 12363390 11188109 11562100 10782066 8300142 54195807 7313000 6075000 7248002 5020000 4980000 30636002 698076 677451 801691 1476835 3841 3657894 8011076 6752451 8049693 6496835 4983841 34293896 19901911 475866 458973 268802 284431 0 1488072 475866 458973 268802 284431 0 1488072 55683879 0.35740 0.36500 0.02670 0.03400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 1775967 -205556 95000 1475411 1487700 50000 238267 0 1775967 1297740 175000 109960 95000 1487700 1348026 44714 95000 1297740 1345967 77059 75000 1348026 0.00000 0.82000 0.18000 false false 0 0 0 0 684675 372687 311988 1632346 1197506 434840 486516 356116 130400 877228 GIFT CARDS AND OTHER MISCELLANEOUS 6441 6441 8104557 221665 641231 862896 7241661 11403 30 11433 7253094 10699833 221665 641231 862896 9836937 11403 30 11433 9848370 Pt III, Line 1a THE CENTER HAS A COLLECTION OF WORKS OF ART THAT IT PROTECTS AND PRESERVES. THE COLLECTION PROVIDES A FOUNDATION EXHIBITIONS, RESEARCH AND EDUCATIONAL PUBLIC PROGRAMMING. THE CENTER HAS A REGISTRAR (UNDER THE RESPONSIBILITIES OF THE CONSERVATOR) TO ENSURE THE COLLECTION IS PROTECTED AND PRESERVED AND HAS A DETAILED COLLECTIONS MANAGEMENT POLICY WHICH GOVERNS THE STEWARDSHIP OF THE COLLECTION. THE CENTER ACCOUNTS FOR WORKS OF ART AS COLLECTION ITEMS IF THEY MEET THE DEFINITION OF A COLLECTION ACCORDING TO THE CRITERIA FOR RECOGNITION UNDER FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") 958-360 --PROPERTY, PLANT, AND EQUIPMENT. THE CRITERIA STATE THAT TO BE A COLLECTION, THE ASSETS ARE (a)HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN; (b)PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED AND (c) SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS OF ITEMS THAT ARE SOLD TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS ABSENT ANY DONOR IMPOSED RESTRICTIONS. Pt III, Line 4 THE CENTER HAS A POLICY OF CAPITALIZING THE COLLECTION OF WORKS OF ART IN ITS FINANCIAL STATEMENTS. ACCORDINGLY, NO COLLECTION IEMS ARE RECOGNIZED AS ASSETS, WHETHER THEY ARE PURCHASED OR RECEIVED AS A DONATION. PURCHASES OF COLLECTION ITEMS REDUCE UNRESTRICTED NET ASSETS IN THE PERIOD WHEN PURCHASED. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS. THE CENTER ADDED 31 INDIVIDUAL OBJECTS TO THE COLLECTION DURING THE YEAR ENDED JUNE 30, 2022 THROUGH GIFTS, TRANSFERS, OR PURCHASES. THE CENTER PURCHASED AND EXPENSES SIX INDIVIDUAL OBJECTS FOR $608,000 DURING THE YEAR ENDED JUNE 30, 2022. THERE WERE NO DEACCESSIONS DURING THE YEARS ENDED JUNE 30, 2022 AND SEPTEMBER 30, 2021. Pt III, Line 4 OPEN TO THE PUBLIC SINCE OCTOBER 20, 2003, THE NASHER SCULPTURE CENTER IS ONE OF THE FEW INSTITUTIONS IN THE WORLD DEVOTED TO THE EXHIBITION, STUDY, AND PRESERVATION OF MODERN AND CONTEMPORARY SCULPTURE. CONCEIVED AS A SERENE URBAN RETREAT FOR THE ENJOYMENT OF ART OWNED BY THE CENTER, AND WORKS ON LOAN FROM OTHER OWNERS. OTHER OBJECTS MAY BE UNDER THE CARE OF THE CENTER, INCLUDING WORKS ON PURCHASE APPROVAL AND WORKS ON TEMPORARY DEPOSIT IN THE CONSERVATION STUDIO FOR EXAMINATION AND/OR TREATMENT. THE SAME EXACTING AND HIGHLY PROFESSIONAL STANDARDS OF CARE APPLY TO ALL OBJECTS UNDER THE CENTER'S MANAGEMENT. Pt XI, Line 2d SEE BELOW Pt XI, Line 2d $478,176 FUNDRAISING EXPENSES INCLUDED IN REVENUE Pt XI, Line 2d + 163,065 COST OF GOODS SOLD INCLUDED IN REVENUE Pt XI, Line 2d - 0 OTHER Pt XI, Line 2d =$641,231 TOTAL Pt XII, Line 2d $163,065 COST OF GOODS SOLD INCLUDED IN REVENUE Pt XII, Line 2d + 478,176 FUNDRAISING EXPENSES INCLUDED IN REVENUE Pt XII, Line 2d - 0 OTHER Pt XII, Line 2d =$641,231 TOTAL Pt V, Line 4 ENDOWMENT EARNINGS ARE USED FOR PROGRAMS IN CONJUNCTION WITH THE DALLAS MUSEUM OF ART. Pt XI, Line 4b ROUNDING Pt XII, Line 4b ROUNDING X X X X X X false PRIZE GALA 898478 898478 0 215578 67318 14994 180286 898478 898478 0 215578 67318 14994 180286 478176 -478176 true X X true true X X X X false false false false false false false false false JEREMY STRICK 569415 0 0 0 0 0 9750 0 15969 0 595134 0 0 0 JOHN MCBRIDE 253032 0 0 0 0 0 9750 0 15969 0 278751 0 0 0 NEIL MCGLENNON 232743 0 0 0 0 0 9750 0 15969 0 258462 0 0 0 JILL MAGNUSON 213800 0 0 0 0 0 8000 0 7604 0 229404 0 0 0 DAVID MORSE 143957 0 0 0 0 0 9750 0 23574 0 177281 0 0 0 JEREMY STRICK DIRECTOR PERSONAL X 550376 0 false true true 0 X IN-KIND MEDIA 8 221665 AGENCY REVIEW OF DONOR VALUE false true false Pt VI, Line 6 MEMBERSHIP IN THE NASHER SCULPTURE CENTER IS OPEN TO THE PUBLIC. SEVERAL MEMBERSHIP LEVELS ARE OFFERED AT DIFFERENT DUES LEVELS AND WITH DIFFERENT BENEFITS TO MEMBERS. Pt VI, Line 2 TWO BOARD TRUSTEE MEMBERS, DAVID HAEMISEGGER AND NANCY NASHER ARE HUSBAND AND WIFE. ANDREA AND NANCY NASHER ARE SISTERS. SARAH HAEMISEGGER IS THE DAUGHTER OF DAVID HAEMISEGGER AND NANCY NASHER. Pt VI, Line 11b FORM 990 AND SUPPORTING SCHEDULES ARE PREPARED BY THE CHIEF FINANCIAL OFFICER AND REVIEWED, SIGNED, AND FILED BY THE TREASURER. THE RETURN IS REVIEWED BY THE FINANCE COMMITTEE, WHICH THEN GIVES A SUMMARY REPORT TO THE FULL BOARD. THE TAX RETURN IS MADE AVAILABLE TO ALL MEMBERS. Pt VI, Line 12c MEMBERS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY. Pt VI, Line 15a COMPENSATION IS DETERMINED BASED UPON COMPENSATION PAID BY OTHER MUSEUMS OF A SIMILAR SIZE FOR SIMILAR SERVICES BASED ON EXPERIENCE, TENURE, AND RESPONSIBILITIES. Pt VI, Line 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. Pt VI, Line 15b COMPENSATION IS DETERMINED IN THE SAME MANNER AS LINE 15a. NASHER FOUNDATION 8080 N CENTRAL EXPWY DALLAS TX 75206 752674048 OWNERSHIP/EXHIBITION TX 501(c)(3) PF NA false false false true false false false false false false false false false false false true false true false false NASHER FOUNDATION c 4980000 CASH DEFICIT NASHER FOUNDATION o 182185 HOURS WORKED NASHER FOUNDATION q 184863 DIRECT EXPENSES