ART BRIDGES INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- ART BRIDGES INC (EIN 81-0842855)
- Tax period
- 2021-10-01 to 2022-09-30
- Filed
- 2023-08-14
- IRS object ID
- 202342269349100779
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Employee Compensation Expln
- Gain Loss Sale Other Assets Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-08-14T21:30:14+00:00 | ReturnTs |
| Tax Period End | 2022-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 621665434 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WALTON ENTERPRISES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1860 | AddressLine1Txt |
| City | BENTONVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72712 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810842855 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Art Bridges Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ARTB | BusinessNameControlTxt |
| Phone | 4794641570 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 209 WEST 2ND STREET 370 | AddressLine1Txt |
| City | FORT WORTH | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 76102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PHILIP SIGSWORTH | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER/TREASURER | PersonTitleTxt |
| Signature | 2023-08-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PHILIP | PersonFirstNm |
| Person Last | SIGSWORTH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LUKE C MITCHELL | PreparerPersonNm |
| PTIN | P03095207 | PTIN |
| Phone | 4794641500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,241,125,895 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $18,529,932 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $18,529,932 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $18,529,932 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $22,467,121 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $285,224,588 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $22,455,156 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $9,910,941 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Sales Less Ret And Allwnc | $0 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $57,301 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $684,007 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $57,301 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $41,054,354 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $41,669,095 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $28,498,174 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $438,078 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $438,078 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $1,763,803 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $1,763,803 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $353,167 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $353,167 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $22,695 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $22,695 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $25,762 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $25,762 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $3,051,935 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,825,187 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $1,825,187 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,226,748 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $190,761 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $190,761 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $190,761 | InterestAdjNetIncmAmt |
| Taxes Rev And Expnss | $1,288,199 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $302,151 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $302,151 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $100,253 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $104,659 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $104,659 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $154,465 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $154,465 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $840 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $840 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $38,729,037 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,175,149 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $4,276,068 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $34,452,609 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $46,223,654 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $6,493,248 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $6,594,167 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $38,542,826 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $46,223,654 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $6,493,248 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $6,594,167 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $38,542,826 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$5,169,300 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $35,175,847 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $21,904,007 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,028,284 | CashBOYAmt |
| Cash EOY | $4,247,009 | CashEOYAmt |
| Cash EOYFMV | $4,247,009 | CashEOYFMVAmt |
| Acct Rcvbl | $5,230 | AcctRcvblAmt |
| Acct Rcvbl BOY | $62,812 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $5,230 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $5,230 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl EOY | $0 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $0 | PledgesRcvblEOYFMVAmt |
| Rcvbl From Officers BOY | $0 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $0 | RcvblFromOfficersEOYFMVAmt |
| Other Nts And Loans Rcvbl | $0 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $0 | CorporateStockBOYAmt |
| Corporate Stock EOY | $0 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $0 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $1,281,623,713 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,214,357,330 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,236,461,460 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $623,764 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $211,568 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $389,948 | LandBOYAmt |
| Land EOY | $412,196 | LandEOYAmt |
| Land EOYFMV | $412,196 | LandEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,284,104,757 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,219,021,765 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,241,125,895 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $19,444 | AccountsPayableEOYAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $19,444 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $1,284,104,757 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,219,002,321 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,284,104,757 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,219,002,321 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,284,104,757 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,219,021,765 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,284,104,757 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$5,169,300 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $1,278,935,457 | SubtotalAmt |
| Other Decreases | $59,933,136 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,219,002,321 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (18 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|
| NORTHERN TRUST - ENDOWMENT | P | 2021-10-01 | 2022-09-30 | $25,999,058 | $27,170,250 | -$1,171,192 | $0 | -$1,171,192 |
| NORTHERN TRUST - ENDOWMENT | P | $125,001,532 | $127,721,095 | -$2,719,563 | $0 | -$2,719,563 | ||
| NORTHERN TRUST - ENDOWMENT | P | $815,743 | $0 | $815,743 | $0 | $815,743 | ||
| NORTHERN TRUST - EQUITIZATION | P | 2021-10-01 | 2022-09-30 | $3,543,312 | $3,544,096 | -$784 | $0 | -$784 |
| NORTHERN TRUST - EQUITIZATION | P | 2021-10-01 | 2022-09-30 | $0 | $3,260,368 | -$3,260,368 | $0 | -$3,260,368 |
| NORTHERN TRUST - EQUITIZATION | P | $0 | $4,997,383 | -$4,997,383 | $0 | -$4,997,383 | ||
| NORTHERN TRUST - EQUITIZATION | P | $10 | $0 | $10 | $0 | $10 | ||
| NORTHERN TRUST - R1000 | P | 2021-10-01 | 2022-09-30 | $43,375,489 | $46,865,353 | -$3,489,864 | $0 | -$3,489,864 |
| NORTHERN TRUST - R1000 | P | $6,876,933 | $7,460,584 | -$583,651 | $0 | -$583,651 | ||
| NORTHERN TRUST - R1000 | P | $16,188 | $0 | $16,188 | $0 | $16,188 | ||
| NORTHERN TRUST - WALTER SCOTT | P | $2,712,578 | $2,822,776 | -$110,198 | $0 | -$110,198 | ||
| GOLDMAN SACHS - COVERED PUTS | P | 2021-10-01 | 2022-09-30 | $5,760,626 | $6,888,639 | -$1,128,013 | $0 | -$1,128,013 |
| GOLDMAN SACHS - COVERED PUTS | P | $323 | $0 | $323 | $0 | $323 | ||
| GOLDMAN SACHS - COVERED CALLS | P | 2021-10-01 | 2022-09-30 | $8,672,160 | $8,881,967 | -$209,807 | $0 | -$209,807 |
| GOLDMAN SACHS - COVERED CALLS | P | $23,204,913 | $23,144,956 | $59,957 | $0 | $59,957 | ||
| GOLDMAN SACHS - COVERED CALLS | P | $5 | $0 | $5 | $0 | $5 | ||
| PASS-THROUGH GAIN/LOSS | P | 2021-10-01 | 2022-09-30 | $19,178,132 | $7,163 | $19,170,969 | $0 | $19,170,969 |
| PASS-THROUGH GAIN/LOSS | P | $20,067,586 | $4,802 | $20,062,784 | $0 | $20,062,784 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $22,455,156 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $9,910,941 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $488,944 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $488,944 | SubtotalAmt |
| Tax Based On Investment Income | $488,944 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $700,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $700,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $3,666 | EsPenaltyAmt |
| Overpayment | $207,390 | OverpaymentAmt |
| Applied To ES Tax | $207,390 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.artbridgesfoundation.org | WebsiteAddressTxt |
| Individual With Books | ABIGAIL SPINKS | IndividualWithBooksNm |
| Phone | 9182738194 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 MUSEUM WAY | AddressLine1Txt |
| City | BENTONVILLE | CityNm |
| State Abbreviation | AR | StateAbbreviationCd |
| ZIP | 72712 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (true) | ForeignAccountsQuestionInd |
| Foreign Country | JA | ForeignCountryCd |
| Foreign Country | NL | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Foreign Country | CA | ForeignCountryCd |
| Foreign Country | DA | ForeignCountryCd |
| Foreign Country | FR | ForeignCountryCd |
| Foreign Country | GM | ForeignCountryCd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (17 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| Alice L Walton | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Director, President | 5.000 | $0 | $0 | $0 |
| Charles M Diker | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Director | 1.000 | $0 | $0 | $0 |
| Darren Walker | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Director | 1.000 | $0 | $0 | $0 |
| Glenn D Lowry | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Director | 1.000 | $0 | $0 | $0 |
| Gretchen Dietrich | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Director | 1.000 | $0 | $0 | $0 |
| Michael Govan | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Director | 1.000 | $0 | $0 | $0 |
| Pauline Willis | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Director | 1.000 | $0 | $0 | $0 |
| Rod Bigelow | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Director | 1.000 | $0 | $0 | $0 |
| Richard D Chapman | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Treasurer (Until 7/5/22) | 0.500 | $0 | $0 | $0 |
| Buddy D Philpot | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Secretary (Until 7/5/22) | 1.000 | $0 | $0 | $0 |
| Robert A Smith | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Assistant Secretary/Treasurer (Until 7/5/22) | 1.000 | $0 | $0 | $0 |
| Paul Provost | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Chief Executive Officer | 40.000 | $409,525 | $46,376 | $0 |
| Tracy Crude | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Chief Financial Officer (Until 4/30/22) | 5.000 | $0 | $0 | $0 |
| ERIC HASKEL | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | VICE PRESIDENT, STRATEGY (FROM 7/5/22) | 1.000 | $0 | $0 | $0 |
| PHILIP SIGSWORTH | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Chief Financial Officer/Treasurer (From 7/5/22) | 1.000 | $0 | $0 | $0 |
| WALTER HARRIS | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | VICE PRESIDENT, OPERATIONS (FROM 7/5/22) | 1.000 | $0 | $0 | $0 |
| RICHARD HOSLEY | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Secretary (From 7/5/22) | 1.000 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|---|---|---|---|
| Colin Carmichael | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Web Content Manager | 40.000 | $100,149 | $25,052 | $0 |
| Kristi LB Dane | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Program Officer | 40.000 | $70,391 | $23,349 | $0 |
| Jamie Grandinetti | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Exhibitions Manager | 40.000 | $80,126 | $46,786 | $0 |
| Brittany Vernon | ||||||||
| 209 WEST 2ND STREET 370 | FORT WORTH | TX | 76102 | Education Manager | 40.000 | $79,983 | $22,915 | $0 |
| Alliance Support Co LLC | ||||||||
| PO Box 1860 | Bentonville | AR | 72712 | Management Services | 0 | $390,100 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 2 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|
| MENCONI & SCHOELKOPF FINE ART LLC | |||||||||
| 22 EAST 80TH STREET | NEW YORK | NY | 10075 | ART ADVISORY | $3,150,000 | ||||
| HINDMAN LLC | |||||||||
| 1338 WEST LAKE STREET | CHICAGO | IL | 60607 | ART ADVISORY | $1,100,000 | ||||
| WALTON ENTERPRISES LLC | |||||||||
| PO BOX 1860 | BENTONVILLE | AR | 72712 | MANAGEMENT | $436,554 | ||||
| WALTER SCOTT & PARTNERS LIMITED | |||||||||
| INVESTMENT MANAGEMENT | $346,978 | ONE CHARLOTTE SQUARE | EDINBURGH | UK | EH24DR | ||||
| GENERAL ATLANTIC SERVICE COMPANY | |||||||||
| 55 EAST 52ND STREET | NEW YORK | NY | 10055 | INVESTMENT MANAGEMENT | $339,604 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 10 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | ART BRIDGES ("AB") CREATES AND SUPPORTS PROGRAMS THAT EXPAND ACCESS TO AMERICAN ART IN ALL REGIONS ACROSS THE NATION. AB EXECUTES THIS MISSION BY ACQUIRING WORKS OF ART TO BE SHARED WITH REGIONAL MUSEUMS AS LONG-TERM LOANS, BY FORMING & SUPPORTING COLLECTION-BASED EXHIBITIONS OF AMERICAN ART THAT TRAVEL TO MUSEUMS OF ALL SIZES & BY DEVELOPING COLLABORATIVE PROGRAMS TO BRING WORKS OF ART OUT OF STORAGE & INTO COMMUNITIES. AB PROVIDES VARIOUS LEVELS OF FINANCIAL SUPPORT FOR THE DIRECT COSTS ASSOCIATED WITH THE LENDING OF THE AB COLLECTION, FOR TRAVELING EXHIBITIONS & FOR JOINT PROGRAMS FOR LONG-TERM LOANS & COLLECTION SHARING INITIATIVES. IN TANDEM WITH THESE PROGRAMS, AB PROVIDES SUPPORT FOR PROGRAMMING, AUDIENCE ENGAGEMENT & EDUCATION. AB PROVIDES FINANCIAL SUPPORT TO PARTNER INSTITUTIONS TO HELP DEEPEN THEIR CONNECTION WITH THEIR LOCAL COMMUNITIES & TO CONNECT INSTITUTIONS OF VARYING SIZES & SCOPES IN JOINT PARTNERSHIPS THAT PROVIDE OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT. | Description1Txt |
| Expenses1 | $38,542,826 | Expenses1Amt |
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 | $1,367,939,553 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $59,159,389 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,427,098,942 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $1,427,098,942 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $21,406,484 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,405,692,458 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $70,284,623 | 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 | $38,542,826 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $122,500 | CharitableAssetsAcquisPaidAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $38,665,326 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2016-07-27 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $21,904,007 | CurrentYearAmt |
| Year1 | $45,896,111 | Year1Amt |
| Year2 | $22,711,238 | Year2Amt |
| Year3 | $6,549,910 | Year3Amt |
| Total | $97,061,266 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $18,618,406 | CurrentYearAmt |
| Year1 | $39,011,694 | Year1Amt |
| Year2 | $19,304,552 | Year2Amt |
| Year3 | $5,567,424 | Year3Amt |
| Total | $82,502,076 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $38,665,326 | CurrentYearAmt |
| Year1 | $18,597,645 | Year1Amt |
| Year2 | $31,257,738 | Year2Amt |
| Year3 | $150,513,433 | Year3Amt |
| Total | $239,034,142 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Year3 | $681,087 | Year3Amt |
| Total | $681,087 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $38,665,326 | CurrentYearAmt |
| Year1 | $18,597,645 | Year1Amt |
| Year2 | $31,257,738 | Year2Amt |
| Year3 | $149,832,346 | Year3Amt |
| Total | $238,353,055 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $46,856,415 | CurrentYearAmt |
| Year1 | $47,977,564 | Year1Amt |
| Year2 | $36,529,383 | Year2Amt |
| Year3 | $11,979,766 | Year3Amt |
| Total | $143,343,128 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ALICE L WALTON | ContributingManagerNm |
| 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
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $18,529,932 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $11,965 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $22,455,156 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|---|
| EXHIBITION & LOAN FEES | $100,719 | ||||
| NORTHERN TRUST | 18 | -$37 | |||
| PASS-THROUGH - OTHER INCOME/(LOSS) | 18 | $684,044 | 523000 | -$727,425 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$715,460 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $41,669,095 | ExclusionAmt |
| Related Or Exempt Function Incm | $100,719 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $41,054,354 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11a | LineNumberTxt |
| Relationship Statement | ART BRIDGES PARTNERS WITH OUTSTANDING INSTITUTIONS OF ALL SIZES TO DEVELOP TRAVELING EXHIBITIONS FEATURING AMERICAN ART. IN ADDITION, ART BRIDGES ACQUIRES WORKS OF ART TO BE SHARED WITH REGIONAL MUSEUMS AS LONG-TERM LOANS. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting Fees | CategoryTxt |
| Amt | $25,762 | Amt |
| Disbursements Charitable Prps | $25,762 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (7 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| Website Development | 2020-07-31 | $405,642 | $101,410 | SL | 5.0 | $81,128 |
| Website Design | 2020-07-31 | $17,397 | $4,349 | SL | 5.0 | $3,479 |
| Gallery Systems Website | 2020-07-31 | $7,500 | $1,875 | SL | 5.0 | $1,500 |
| Synology RS819 Rack Mount | 2020-07-31 | $1,916 | $480 | SL | 5.0 | $384 |
| Salesforce | 2021-09-30 | $60,000 | $1,000 | SL | 5.0 | $12,000 |
| Computer Equipment | 2020-07-31 | $5,985 | $1,496 | SL | 5.0 | $1,197 |
| AV Equp New Server | 2020-07-31 | $2,824 | $706 | SL | 5.0 | $565 |
Employee Compensation Expln EmployeeCompensationExpln
Employee Comp Explanation EmployeeCompExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Employee | Alliance Support Co LLC | EmployeeNm |
| Explanation | REPORTED AS AUTHORIZED UNDER IRS ANNOUNCEMENT 2001-33. NO INDIVIDUAL LISTED ON PART VII, LINE 1 RECEIVED COMPENSATION FROM ALLIANCE SUPPORT CO., LLC OR ANY OTHER SOURCE FOR SERVICES TO THE FOUNDATION. | ExplanationTxt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (18 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| NORTHERN TRUST - ENDOWMENT | 2021-10 | P | 2022-09 | $25,999,058 | $27,170,250 | -$1,171,192 |
| NORTHERN TRUST - ENDOWMENT | P | $125,001,532 | $127,721,095 | -$2,719,563 | ||
| NORTHERN TRUST - ENDOWMENT | P | $815,743 | $0 | $815,743 | ||
| NORTHERN TRUST - EQUITIZATION | 2021-10 | P | 2022-09 | $3,543,312 | $3,544,096 | -$784 |
| NORTHERN TRUST - EQUITIZATION | 2021-10 | P | 2022-09 | $0 | $3,260,368 | -$3,260,368 |
| NORTHERN TRUST - EQUITIZATION | P | $0 | $4,997,383 | -$4,997,383 | ||
| NORTHERN TRUST - EQUITIZATION | P | $10 | $0 | $10 | ||
| NORTHERN TRUST - R1000 | 2021-10 | P | 2022-09 | $43,375,489 | $46,865,353 | -$3,489,864 |
| NORTHERN TRUST - R1000 | P | $6,876,933 | $7,460,584 | -$583,651 | ||
| NORTHERN TRUST - R1000 | P | $16,188 | $0 | $16,188 | ||
| NORTHERN TRUST - WALTER SCOTT | P | $2,712,578 | $2,822,776 | -$110,198 | ||
| GOLDMAN SACHS - COVERED PUTS | 2021-10 | P | 2022-09 | $5,760,626 | $6,888,639 | -$1,128,013 |
| GOLDMAN SACHS - COVERED PUTS | P | $323 | $0 | $323 | ||
| GOLDMAN SACHS - COVERED CALLS | 2021-10 | P | 2022-09 | $8,672,160 | $8,881,967 | -$209,807 |
| GOLDMAN SACHS - COVERED CALLS | P | $23,204,913 | $23,144,956 | $59,957 | ||
| GOLDMAN SACHS - COVERED CALLS | P | $5 | $0 | $5 | ||
| PASS-THROUGH GAIN/LOSS | 2021-10 | P | 2022-09 | $19,178,132 | $0 | $19,178,132 |
| PASS-THROUGH GAIN/LOSS | P | $20,067,586 | $0 | $20,067,586 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ASC, LLC | AT COST | $85,000 | $85,000 |
| Northern Trust Managed Income Accounts | AT COST | $1,214,272,330 | $1,236,376,460 |
| Goldman Sachs Managed Income Accounts | AT COST | $0 | $0 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Website Development | $405,642 | $182,538 | $223,104 | $223,104 |
| Website Design | $17,397 | $7,828 | $9,569 | $9,569 |
| Gallery Systems Website | $7,500 | $3,375 | $4,125 | $4,125 |
| Synology RS819 Rack Mount | $1,916 | $863 | $1,053 | $1,053 |
| Salesforce | $60,000 | $13,000 | $47,000 | $47,000 |
| Computer Equipment | $5,985 | $2,693 | $3,292 | $3,292 |
| AV Equp New Server | $2,824 | $1,271 | $1,553 | $1,553 |
| Construction in Progress | $122,500 | $0 | $122,500 | $122,500 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $22,695 | LegalFeesAmt |
| Disbursements Charitable Prps | $22,695 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK/TAX DIFFERENCES IN INVESTMENTS | Desc |
| Amt | $59,933,136 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (27 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|
| Art Procurement Expense | $27,992,100 | $27,992,100 | ||
| Exhibition Support Costs | $3,067,315 | $2,966,596 | $100,719 | |
| Recruiting Expense | $29,530 | $29,530 | ||
| Insurance Expense | $112,188 | $112,188 | ||
| Advertising/Marketing Expense | $282,765 | $282,765 | ||
| Dues and Subscriptions | $10,866 | $10,866 | ||
| Training Expenses | $41,195 | $41,195 | ||
| Supplies | $22,382 | $22,382 | ||
| Postage and Shipping | $4,243 | $4,243 | ||
| Telephone | $5,986 | $5,986 | ||
| Learning and Engagement Awards | $978,501 | $978,501 | ||
| Evaluation | $9,990 | $9,990 | ||
| Technology | $276,017 | $276,017 | ||
| Meals and Entertainment | $43,738 | $43,738 | ||
| Relocation Expense | $22,354 | $22,354 | ||
| Internship Program | $16,145 | $16,145 | ||
| Miscellaneous | $4,260 | $4,260 | ||
| Board Impact Reporting | $14,020 | $14,020 | ||
| Institutional Impact Partner Survey | $30,388 | $30,388 | ||
| COVES | $302,537 | $302,537 | ||
| Public Relations | $16,667 | $16,667 | ||
| Convenings Partners Awards | $5,857 | $5,857 | ||
| Depot Awards | $272,398 | $272,398 | ||
| Fellows Program | $408,597 | $408,597 | ||
| Depot Support Costs | $583,289 | $583,289 | ||
| Pass-through - Other Deductions | $4,175,349 | $4,175,349 | $4,175,149 | |
| Pass-through - Nondeductible Expenses | $360 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Exhibition & Loan Fees | $100,719 | $100,719 | |
| Northern Trust | -$37 | -$37 | -$37 |
| Pass-through - Other income/(loss) | -$43,381 | -$43,381 | $684,044 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (7 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|---|
| Administrator & Management Fees | $809,300 | $809,300 | ||
| Fine Art Conservation | $38,538 | $38,538 | ||
| Fine Art Pack, Transport, Frame | $322,011 | $322,011 | ||
| Fine Art Storage | $33,182 | $33,182 | ||
| Investment Management Fees | $1,825,187 | $1,825,187 | $1,825,187 | |
| Consulting Fees | $19,324 | $19,324 | ||
| Honorarium | $4,393 | $4,393 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Excise Tax | $986,048 | ||
| Northern Trust - Foreign Taxes | $280,960 | $280,960 | $280,960 |
| Pass-through - Foreign Taxes | $21,191 | $21,191 | $21,191 |
Comments