2023-11-13T17:26:06-08:00 2022-12-31 920460586 PwC US Tax LLP 655 New York Ave NW Washington DC 20001 990PF 2022-01-01 956035908 The Norton Simon Foundation NORT 6264327750 385 E Colorado Blvd 240 Pasadena CA 91101 Ronald H Dykhuizen CFO 2023-11-13 true Ronald H Dykhuizen 999009999 true Travis L Patton P00369623 2024141000 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z X 1791283571 X X 1672 1672 1351021 1351021 4470828 17035620 6048622 100 902458 5823621 8303773 157450 39362 118088 18165 4541 13624 83498 9448 58351 23050 5500 12900 146190 142729 11360 123215 149861 997 52673 10535 41165 123 123 868717 107220 763989 1622942 320332 1019600 5000000 5000000 6622942 320332 6019600 -799321 7983441 562947 262625 262625 1069 5590 1069 1069 392308 382789 382789 100998146 71432202 71432202 49262624 50512316 50512316 1953488 1392300 566145 561188 561188 55993673 56104610 1668131382 207781433 179256799 1791283571 72442 94989 1800000 1800000 876710 602954 2749152 2497943 X 205032281 176758856 205032281 176758856 207781433 179256799 205032281 -799321 387273 204620233 27861377 176758856 Publicly-traded securities P 2010-01-01 2022-01-01 6653041 5115926 1537115 1537115 BlackRock MSCI ACWI Min Vol Ind Fd B ST P 2022-01-01 2022-12-01 17705 18365 -660 -660 BlackRock MSCI ACWI Min Vol Ind Fd B LT P 2010-01-01 2022-01-01 1844332 1596949 247383 247383 BlackRock U.S. TIPS Fund B LT P 2010-01-01 2022-01-01 4040637 3496328 544309 544309 JPMorgan US Large Cap 130/30 Fund LT P 2010-01-01 2022-01-01 3350000 1893768 1456232 1456232 Weatherlow Offshore Fund I Ltd Cl 1a LT P 2010-01-01 2022-01-01 800000 443456 356544 356544 Capital Gains Distributions P 2010-01-01 2022-01-01 329905 329905 329905 K-1 - BlackRock MSCI ACWI Min Vol Ind LT P 2010-01-01 2022-01-01 82861 82861 82861 K-1 - BlackRock MSCI ACWI Min Vol Ind ST P 2022-01-01 2022-12-01 342949 -342949 -342949 K-1 - BlackRock U.S. TIPS Fund B - LT P 2010-01-01 2022-01-01 26817 26817 26817 K-1 - BlackRock U.S. TIPs Fund B - ST P 2022-01-01 2022-12-01 178 178 178 K-1 - JPMorgan US Large Cap 130/30 Fd LT P 2010-01-01 2022-01-01 2085564 2085564 2085564 K-1 - JPMorgan US Large Cap 130/30 Fd ST P 2022-01-01 2022-12-01 274677 -274677 -274677 6048622 -618108 110970 110970 110970 117628 10000 127628 X 16658 16658 false false false false false false false true true CA true false false true false true www.nortonsimonfoundation.org Ronald H Dykhuizen 6264327750 385 E Colorado Blvd Suite 240 Pasadena CA 91101 false false false false true false false false false false false false false false false false false false false false false false Walter W Timoshuk 385 E Colorado Blvd Ste 240 Pasadena CA 91101 President 6.00 83025 6695 Ronald H Dykhuizen 385 E Colorado Blvd Ste 240 Pasadena CA 91101 CFO 6.00 39850 6676 Stephanie Villasenor 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Secretary 7.50 34575 4794 Sara Campbell Abdo 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Trustee 1.00 0 Luis Li 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Trustee 1.00 0 Thomas L Pfister 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Trustee 1.00 0 Dr Michael E Phelps 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Chairman 1.00 0 Nancy Shelmon 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Trustee 1.00 0 Nina Shepherd 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Trustee 1.00 0 NONE Norton Simon Art Foundation 385 E Colorado Blvd Suite 240 Pasadena CA 91101 Management services 396000 Munger Tolles & Olson LLP 350 S Grand Ave 50th floor Los Angeles CA 90071 Legal services 59877 The Foundation maintains an art collection for charitable purposes, which it loans to public art museums for exhibition to the public. 1019600 Acquisition of equipment and miscellaneous capitalized expenditures related to the maintenance of artwork. 141186 129345583 889478 6877 130241938 0 130241938 1953629 128288309 6414415 6414415 110970 110970 6303445 6303445 6303445 6019600 141186 6160786 6303445 2655127 6160786 2655127 0 3505659 2797786 X Norton Simon Museum of Art at Pasadena 411 W Colorado Blvd Pasadena CA 91105 N/A PC Unrestricted support of the Museum's operations 5000000 5000000 Norton Simon Museum of Art at Pasadena 411 W Colorado Blvd Pasadena CA 91105 N/A PC Unrestricted support of the Museum's operations 1800000 1800000 Photo Income 100 14 1672 14 1351021 18 4470828 5823521 100 5823621 1a The Foundation loans photographs and slides of artwork in its collection primarily for educational study and reproduction in scholarly materials. A fee is charged to offset production costs and to help maintain the photography archive. false false false false false false false false false false Accounting 23050 5500 0 12900 Walter W Timoshuk Mr. Timoshuk is also a Trustee of the Foundation. The Norton Simon Foundation does not have a payroll. The Norton Simon Foundation received support services from the Norton Simon Art Foundation (a 501(c)(3) organization; FEIN 95-6038921) during calendar year 2022 pursuant to an employee lease arrangement. The amounts reported in Part VII, Line 1 are the portions of the Management Fee that The Norton Simon Foundation paid the Norton Simon Art Foundation related to compensation and benefits for services provided by Mr. Timoshuk under this lease arrangement. Ronald H Dykhuizen Mr. Dykhuizen is also Vice President and Treasurer of the Foundation. The Norton Simon Foundation does not have a payroll. The Norton Simon Foundation received support services from the Norton Simon Art Foundation (a 501(c)(3) organization; FEIN 95-6038921) during calendar year 2022 pursuant to an employee lease arrangement. The amounts reported in Part VII, Line 1 are the portions of the Management Fee that The Norton Simon Foundation paid the Norton Simon Art Foundation related to compensation and benefits for services provided by Mr. Dykhuizen under this lease arrangement. Stephanie Villasenor Ms. Villasenor is also Vice President and a Trustee of the Foundation. The Norton Simon Foundation does not have a payroll. The Norton Simon Foundation received support services from the Norton Simon Art Foundation (a 501(c)(3) organization; FEIN 95-6038921) during calendar year 2022 pursuant to an employee lease arrangement. The amounts reported in Part VII, Line 1 are the portions of the Management Fee that The Norton Simon Foundation paid the Norton Simon Art Foundation related to compensation and benefits for services provided by Ms. Villasenor under this lease arrangement. Sara Campbell Abdo Ms. Campbell Abdo is also Assistant Secretary. Dr Michael E Phelps Dr. Phelps is a Trustee and Chairman of the Foundation. BlackRock MSCI ACWI Min Vol Index Fund B 23657565 23657565 JPMorgan U.S. Large Cap 130/30 Fund 12574930 12574930 EuroPacific Growth Fund 22472155 22472155 Vanguard Institutional Index Fund 12727552 12727552 Principal Real Estate Securities Fund Dodge & Cox Income Fund FMV 15786529 15786529 Vanguard Long-Term Treas Index Fund FMV 1390267 1390267 Northern Trust - US Goverment Portfolio FMV 496333 496333 BlackRock US TIPS Lending Fund B FMV Grosvenor Institutional Partners, LP FMV 7651699 7651699 The Weatherlow Offshore Fund I Ltd. FMV 13554565 13554565 Cohen & Steers Real Assets Fund I FMV 11632923 11632923 Furniture and Fixtures 1028067 620396 407671 407671 Machinery and Equipment 897333 743816 153517 153517 Improvements 28088 28088 Legal fees 83498 9448 0 58351 Collection of Art 55813744 55813744 1666744050 Frames 179929 179929 1276395 Right of Use Lease Assets 110937 110937 Art Insurance 455223 456218 Bank Charges 3721 3721 Management Fee 220385 55097 165288 Misc Curatorial Expenses 105692 107842 Misc Office Expenses 44060 17654 25753 Other Insurance 18062 9174 8888 Safekeeping / Custodian Fees 21574 21574 Photo Income 100 Change in provision for deferred federal excise tax 387273 Deferred federal excise tax 876710 489437 Federal excise tax payable 971 Right-of-Use Lease Liabilities 112546 Curatorial Consulting 3461 0 0 11360 Investment Consulting 44188 44188 0 0 Investment Management 98541 98541 0 0 Federal Excise Tax 123215