PIERPONT MORGAN LIBRARY: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- PIERPONT MORGAN LIBRARY (EIN 13-1624146)
- Tax period
- 2020-04-01 to 2021-03-31
- Filed
- 2022-02-10
- IRS object ID
- 202210419349300136
- Schema version
- 2020v4.2
- 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
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-02-10T11:53:33-06:00 | ReturnTs |
| Tax Period End | 2021-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131655065 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTZ AND CARR CPAS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 551 FIFTH AVENUE SUITE 400 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10176 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131624146 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Pierpont Morgan Library | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PIER | BusinessNameControlTxt |
| Phone | 2126850008 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 Madison Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10016 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Colin B Bailey | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Phone | 2126850008 | PhoneNum |
| Signature | 2022-02-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Colin | PersonFirstNm |
| Person Last | Bailey | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Frederick Martens | PreparerPersonNm |
| PTIN | P00298107 | PTIN |
| Phone | 2126972299 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Morgan Library & Museum | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Colin B Bailey | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 Madison Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $113,044,337 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.themorgan.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1924 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | Museum and independent research library (see Schedule O)Home to one of the world's foremost collections of manuscripts, rare books, music, drawings, and ancient and other works of art, The Morgan Library & Museum offers visitors a stimulating range of exhibitions and public programs while providing researchers with access to its collection, both on site and electronically. | ActivityOrMissionDesc |
| Voting Members Governing Body | 24 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 23 | VotingMembersIndependentCnt |
| Total Employee | 232 | TotalEmployeeCnt |
| Total Volunteers | 38 | TotalVolunteersCnt |
| Total Gross UBI | $35,029 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $12,463,204 | PYContributionsGrantsAmt |
| CY Contributions Grants | $12,063,813 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,811,480 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $746,734 | CYProgramServiceRevenueAmt |
| PY Investment Income | $13,659,029 | PYInvestmentIncomeAmt |
| CY Investment Income | $12,882,350 | CYInvestmentIncomeAmt |
| PY Other Revenue | $770,158 | PYOtherRevenueAmt |
| CY Other Revenue | $130,312 | CYOtherRevenueAmt |
| PY Total Revenue | $30,703,871 | PYTotalRevenueAmt |
| CY Total Revenue | $25,823,209 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $279,175 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $252,709 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $14,204,478 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $12,634,402 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,122,911 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $13,659,896 | PYOtherExpensesAmt |
| CY Other Expenses | $9,945,442 | CYOtherExpensesAmt |
| PY Total Expenses | $28,143,549 | PYTotalExpensesAmt |
| CY Total Expenses | $22,832,553 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,560,322 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,990,656 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $345,611,294 | TotalAssetsBOYAmt |
| Total Assets EOY | $418,437,020 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $18,982,265 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $21,758,802 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $326,629,029 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $396,678,218 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The mission of the Morgan Library & Museum is to preserve, build, study, present, and interpret a collection of extraordinary quality, in order to stimulate enjoyment, excite the imagination, advance learning, and nurture creativity. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $8,391,670 | ExpenseAmt |
| Grant | $252,709 | GrantAmt |
| Revenue | $470,648 | RevenueAmt |
| Desc | Curatorial: The Morgan Library & Museum ("the Morgan") occupies a midtown Manhattan campus comprised of three landmarked buildings that are joined by pavilions constructed of steel-and-glass panels designed by renowned architect Renzo Piano. The Morgan houses one of the world's greatest collections of artistic, literary, musical, and historical works. Included in its holdings are original scores of Mozart and Beethoven, drawings by Rembrandt and Rubens, medieval and Renaissance works, three Gutenberg Bibles, literary manuscripts by Dickens and Twain, and five-thousand-year-old carvings from the countries of ancient Western Asia. Due to the COVID-19 pandemic, and in compliance with governmental orders, the Morgan was closed from mid-March to early September 2020. The Morgan recorded 35,146 visitors over the remaining months of the fiscal year, primarily for a wide variety of changing exhibitions encompassing works from the Morgan's permanent collection and from other museums and libraries in the U.S. and abroad. Exhibitions during fiscal year 2021 included "David Hockney: Drawing from Life,""Betye Saar: Call and Response and "Poetry and Patronage: The Laubespine-Villeroy Library Rediscovered." The Morgan's curators plan the exhibitions, oversee the permanent collection, prepare exhibition and collection-related catalogs, organize symposia, host graduate seminars, and provide research and other services to the scholarly community.The extraordinary group of medieval and Renaissance manuscripts; printed books and bindings; literary, historical, and music manuscripts; drawings and prints; and ancient cylinder seals that J. Pierpont Morgan brought together were among the first important collections of their kind in America and form what is today the core of the Morgan's holdings. (The collection now includes photography and modern and contemporary drawings as well.) In overall quality and importance, these collections are among the finest in the world, distinguished by the high percentage of items that are unique or exceptionally rare. One of only a handful of American institutions devoted to these specialized areas, the Morgan maintains an active acquisitions program and now holds several hundred thousand items in its collection. The Morgan's Drawing Institute is devoted to the interpretation, conservation, and theory of old master and modern drawing with the goal of stimulating new lines of investigation and discourse. The Drawing Institute supports research through annual fellowships; publications; small, focused exhibitions; and an ongoing series of symposia, seminars, and lectures. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,745,653 | ExpenseAmt |
| Revenue | $219,421 | RevenueAmt |
| Desc | Library and Museum Services: The Morgan Library & Museum is one of nineteen independent research libraries in the United States and, as such, makes its collections available to qualified researchers for study on-site in the Sherman Fairchild Reading Room and the Drawing Study Center. An online catalog of the collections is accessible at www.themorgan.org and assists researchers both on-and off-site. Active digitization and publication programs help to extend the reach of the Morgan's scholarly services and support study of the collections.The Morgan has had professional paper and book conservation facilities since the 1950s, when they were among the first such labs in the United States. The Morgan's conservation facilities were dramatically enhanced with the 2002 completion of the Thaw Conservation Center. The Morgan's conservators oversee the preservation of the collections and also undertake surveys and treatment projects of discrete collection areas. The collections consist almost entirely of works on paper and related porous supports (vellum, parchment, papyri), and the conservators have developed special expertise in the conservation, restoration, and repair of such objects. Both a working and teaching facility, the Thaw Center receives requests for assistance from institutions in the United States and abroad. It offers fellowships in conservation techniques and practices. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,933,966 | ExpenseAmt |
| Revenue | $56,665 | RevenueAmt |
| Desc | Public Programs: In fiscal year 2021, 12,209 people attended a range of virtual lectures, family programs, college programs, and workshops, many by renowned artists and experts in their field. This active program of lectures and gallery talks focused on the Morgan's collections and exhibitions. An additional 5,571 people viewed world class performers in streaming concerts presented by the Morgan across multiple platforms. Docents gave weekly interactive tours that reached approximately 2,000 participants. The Morgan's virtual school programs served 2,234 K-12 students of diverse communities. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,568,899 | ExpenseAmt |
| Revenue | $124,005 | RevenueAmt |
| Desc | Museum Publications and Retail: The Morgan maintains an active publications program, producing catalogues related to its exhibitions and items in its permanent collections. These catalogues are made available to the public, along with other exhibition and collection-related merchandise, through the Morgan's on-site retail shop and through the Morgan's website. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,568,899 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $124,005 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $16,640,188 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 88 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 232 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 24 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 23 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Mary Schlitzer | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125900341 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 Madison Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10016 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Lawrence R Ricciardi | |||||||
| President | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Richard L Menschel | |||||||
| Vice President | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Clement C Moore II | |||||||
| Vice President | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| George L K Frelinghuysen | |||||||
| Treasurer | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Thomas J Reid | |||||||
| Secretary | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Susanna Borghese | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| T Kimball Brooker | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Karen B Cohen | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Frederick J Iseman | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jerker M Johansson | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Martha McGarry Miller | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| John A Morgan | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Patricia Morton | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Eric L Motley | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Diane A Nixon | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Gary W Parr | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Peter Pennoyer | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Katharine J Rayner | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Annette de la Renta | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Joshua W Sommer | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Robert King Steel | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Beatrice Stern | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Alyce Williams Toonk | |||||||
| trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Colin B Bailey | |||||||
| Director | 35.00 | Yes (X) | Yes (X) | $627,776 | $0 | $53,396 | |
| Kristina W Stillman | |||||||
| Dir. of Fin./Adm & Asst. Treasurer | 35.00 | Yes (X) | $291,525 | $0 | $65,095 | ||
| Jessica B Ludwig | |||||||
| Deputy Dir.& Asst.Secretary | 35.00 | Yes (X) | $234,288 | $0 | $38,170 | ||
| Lauren Stakias | |||||||
| Dir. of Institutional Advancement | 35.00 | $233,205 | $0 | $28,468 | Yes (X) | ||
| Mary Schlitzer | |||||||
| Controller | 35.00 | $170,176 | $0 | $43,381 | Yes (X) | ||
| John J Marciari | |||||||
| Charles W Engelhard Curator & Dept.Head | 35.00 | $165,537 | $0 | $16,703 | Yes (X) | ||
| Maria Fredericks | |||||||
| Sherman Fairchild Head of Thaw Conservation | 35.00 | $146,768 | $0 | $39,559 | Yes (X) | ||
| Eileen Curran | |||||||
| Director of Events | 35.00 | $144,427 | $0 | $22,993 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,013,702 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $307,765 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 22 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Sciame Construction LLC | |||||
| 14 Wall Street | New York | NY | 10005 | Construction Services | $615,732 |
| Allied Security Holdings LLC | |||||
| PO Box 828854 | Philadelphia | PA | 19182 | Security Officers | $193,579 |
| Masterpiece International Ltd | |||||
| 39 Broadway 14FL | New York | NY | 10006 | Fine Art Transporter | $186,841 |
| LaPlaca Cohen Advertising Inc | |||||
| 43 W 24th Street | New York | NY | 10010 | Advertising and Marketing | $140,008 |
| Beyer Blinder Belle | |||||
| 120 Broadway 20th Floor | New York | NY | 10271 | Construction Services | $114,820 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $1,990,545 | MembershipDuesAmt |
| Fundraising | $490,957 | FundraisingAmt |
| Government Grants | $2,511,689 | GovernmentGrantsAmt |
| All Other Contributions | $7,070,622 | AllOtherContributionsAmt |
| Noncash Contributions | $690,469 | NoncashContributionsAmt |
| Total Contributions | $12,063,813 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Admissions and Ticket Sales | 900099 | $461,860 | $461,860 |
| Photographic Income | 900099 | $136,068 | $136,068 |
| Member Dues, Events, Access Fees | 900099 | $65,452 | $65,452 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $83,354 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $83,354 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $746,734 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,218,297 | TotalRevenueColumnAmt |
| Exclusion | $8,218,297 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,307 | TotalRevenueColumnAmt |
| Exclusion | $6,307 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $91,760,955 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $87,096,902 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,664,053 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,664,053 | TotalRevenueColumnAmt |
| Exclusion | $4,664,053 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $18,150 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $490,957 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $18,150 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $230,081 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $106,076 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $124,005 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $88,976 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $35,029 | UnrelatedBusinessRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,823,209 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $835,710 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $35,029 | UnrelatedBusinessRevenueAmt |
| Exclusion | $12,888,657 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $252,709 | TotalAmt |
| Program Services | $252,709 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,388,381 | TotalAmt |
| Program Services | $756,149 | ProgramServicesAmt |
| Management And General | $342,304 | ManagementAndGeneralAmt |
| Fundraising | $289,928 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,627,218 | TotalAmt |
| Program Services | $6,104,098 | ProgramServicesAmt |
| Management And General | $1,588,559 | ManagementAndGeneralAmt |
| Fundraising | $934,561 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $544,378 | TotalAmt |
| Program Services | $349,836 | ProgramServicesAmt |
| Management And General | $136,468 | ManagementAndGeneralAmt |
| Fundraising | $58,074 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,487,092 | TotalAmt |
| Program Services | $946,850 | ProgramServicesAmt |
| Management And General | $385,378 | ManagementAndGeneralAmt |
| Fundraising | $154,864 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $587,333 | TotalAmt |
| Program Services | $375,280 | ProgramServicesAmt |
| Management And General | $150,323 | ManagementAndGeneralAmt |
| Fundraising | $61,730 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $132,554 | TotalAmt |
| Program Services | $3,548 | ProgramServicesAmt |
| Management And General | $129,006 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,176 | TotalAmt |
| Management And General | $72,176 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $533,766 | TotalAmt |
| Management And General | $533,766 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $215,261 | TotalAmt |
| Program Services | $203,061 | ProgramServicesAmt |
| Fundraising | $12,200 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,642 | TotalAmt |
| Program Services | $222,642 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $209,124 | TotalAmt |
| Program Services | $91,000 | ProgramServicesAmt |
| Management And General | $61,042 | ManagementAndGeneralAmt |
| Fundraising | $57,082 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,576 | TotalAmt |
| Program Services | $166,967 | ProgramServicesAmt |
| Management And General | $189 | ManagementAndGeneralAmt |
| Fundraising | $36,420 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,842 | TotalAmt |
| Program Services | $5,141 | ProgramServicesAmt |
| Management And General | $6,403 | ManagementAndGeneralAmt |
| Fundraising | $19,298 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,790 | TotalAmt |
| Program Services | $196,640 | ProgramServicesAmt |
| Management And General | $24,592 | ManagementAndGeneralAmt |
| Fundraising | $17,558 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,501,519 | TotalAmt |
| Program Services | $2,883,443 | ProgramServicesAmt |
| Management And General | $360,610 | ManagementAndGeneralAmt |
| Fundraising | $257,466 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $254,037 | TotalAmt |
| Program Services | $219,305 | ProgramServicesAmt |
| Management And General | $20,264 | ManagementAndGeneralAmt |
| Fundraising | $14,468 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Building maintenance | $1,886,728 | $1,548,978 | $204,649 | $133,101 |
| Collection acquisitions | $935,849 | $935,849 | ||
| Exhibition expenses | $881,807 | $881,807 | ||
| Publication expense | $62,379 | $62,379 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $564,392 | TotalAmt |
| Program Services | $434,506 | ProgramServicesAmt |
| Management And General | $53,725 | ManagementAndGeneralAmt |
| Fundraising | $76,161 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,832,553 | TotalAmt |
| Program Services | $16,640,188 | ProgramServicesAmt |
| Management And General | $4,069,454 | ManagementAndGeneralAmt |
| Fundraising | $2,122,911 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,307,125 | BOYAmt |
| EOY | $5,331,236 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,142,948 | BOYAmt |
| EOY | $12,544,884 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,580,068 | BOYAmt |
| EOY | $2,263,248 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $138,749 | BOYAmt |
| EOY | $106,395 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,566 | BOYAmt |
| EOY | $307,618 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,520,241 | BOYAmt |
| EOY | $8,157,269 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $156,877,109 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $67,801,782 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,355,109 | BOYAmt |
| EOY | $89,075,327 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,744,944 | BOYAmt |
| EOY | $90,037,225 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,490,032 | BOYAmt |
| EOY | $209,012,789 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,071,512 | BOYAmt |
| EOY | $1,601,029 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $345,611,294 | BOYAmt |
| EOY | $418,437,020 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,378,665 | BOYAmt |
| EOY | $1,794,325 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $462,637 | BOYAmt |
| EOY | $290,056 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,624,305 | BOYAmt |
| EOY | $14,651,463 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,516,658 | BOYAmt |
| EOY | $5,022,958 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,982,265 | BOYAmt |
| EOY | $21,758,802 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,849,365 | BOYAmt |
| EOY | $97,181,856 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $233,779,664 | BOYAmt |
| EOY | $299,496,362 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $326,629,029 | BOYAmt |
| EOY | $396,678,218 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $345,611,294 | BOYAmt |
| EOY | $418,437,020 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,990,656 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $67,494,453 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$435,920 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,648,563 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,198,466 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,553,590 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,463,204 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,063,813 | CurrentTaxYearAmt |
| Total | $69,927,636 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,648,563 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,198,466 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,553,590 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,463,204 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,063,813 | CurrentTaxYearAmt |
| Total | $69,927,636 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $6,620,582 | SubstantialContributorsTotAmt |
| Public Support Total170 | $63,307,054 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,711,948 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,846,222 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,238,704 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,859,596 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,224,601 | CurrentTaxYearAmt |
| Total | $34,881,071 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $104,808,707 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $19,782,478 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.60400 | PublicSupportCY170Pct |
| Public Support PY170 | 0.64000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $229,226,001 | BeginningYearBalanceAmt |
| Contributions | $1,103,000 | ContributionsAmt |
| Investment Earnings Or Losses | $79,843,037 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $11,072,020 | OtherExpendituresAmt |
| End Year Balance | $299,100,018 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $253,418,050 | BeginningYearBalanceAmt |
| Contributions | $375,103 | ContributionsAmt |
| Investment Earnings Or Losses | -$13,591,167 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $10,975,985 | OtherExpendituresAmt |
| End Year Balance | $229,226,001 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $254,363,933 | BeginningYearBalanceAmt |
| Contributions | $6,570,776 | ContributionsAmt |
| Investment Earnings Or Losses | $3,416,684 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $10,933,343 | OtherExpendituresAmt |
| End Year Balance | $253,418,050 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $231,265,281 | BeginningYearBalanceAmt |
| Contributions | $5,781,851 | ContributionsAmt |
| Investment Earnings Or Losses | $27,081,237 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $9,764,436 | OtherExpendituresAmt |
| End Year Balance | $254,363,933 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $206,308,489 | BeginningYearBalanceAmt |
| Contributions | $7,622,396 | ContributionsAmt |
| Investment Earnings Or Losses | $27,229,496 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $9,895,100 | OtherExpendituresAmt |
| End Year Balance | $231,265,281 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.07608 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.50577 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.41815 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,974,914 | OtherCostOrOtherBasisAmt |
| Book Value | $14,974,914 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $135,540,133 | OtherCostOrOtherBasisAmt |
| Depreciation | $61,745,006 | DepreciationAmt |
| Book Value | $73,795,127 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,362,062 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,056,776 | DepreciationAmt |
| Book Value | $305,286 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $89,075,327 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (19 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Cedar Rock Capital Partners LLC | $23,529,570 | F |
| Coatue Offshore | $15,883,960 | F |
| Eton Park Overseas Fund, LTD | $4,296 | F |
| Harbor Spring Capital Partners Offshore Ltd. | $9,587,012 | F |
| LC Capital Offshore Fund | $2,585,110 | F |
| Old Lane India Opportunities Fund, LP | $396,506 | F |
| Overlook Partners Fund LP | $16,523,659 | F |
| Praesidium Strategic Opportunities Offshore | $17,723,355 | F |
| Silchester International Value Equity Trust | $24,208,691 | F |
| Steadfast International | $16,488,152 | F |
| Davidson Kempner Institutional Partners | $14,171,971 | F |
| Kabouter Int'l Opportunities Offshore | $8,439,711 | F |
| Golub Capital Partners International II, LP | $4,511,620 | F |
| Accolade Partner VI, LP | $8,627,321 | F |
| Nitorum Offshore Fund, Ltd. | $12,369,113 | F |
| Cape Ann Global Developing Markets Fund | $8,430,997 | F |
| Green Court Capital | $9,451,025 | F |
| Nut Tree Capital | $14,323,533 | F |
| CVI Emerging Markets Credit Value Fund | $1,757,187 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $209,012,789 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Accrued Post-Retirement Health Benefits | $1,469,969 |
| Section 457(b) Retirement Plan Liability | $1,600,608 |
| Conditional Advance - Paycheck Protection Program | $1,952,381 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $5,022,958 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $92,908,122 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $67,494,453 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $124,226 | OtherRevenueAmt |
| Revenue Not Reported | $67,618,679 | RevenueNotReportedAmt |
| Revenue Subtotal | $25,289,443 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $533,766 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $533,766 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $25,823,209 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $22,423,013 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $124,226 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $124,226 | ExpensesNotReportedAmt |
| Expenses Subtotal | $22,298,787 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $533,766 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $533,766 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $22,832,553 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 1a: | The Morgan's collections are maintained under curatorial care and are held for research, education and public exhibition. It is the Morgan's policy that any proceeds from the sales of collection items be used for acquisitions for the collections. The Morgan excludes the carrying value of collections from its statement of financial position. Acquisitions for the collections are reflected as decreases in the Morgan's net assets without donor restrictions in the year in which the items are acquired. Contributed collection items are not reflected in the Morgan's financial statements. |
| Part III, Line 4: | The extraordinary group of medieval and Renaissance manuscripts; printed books and bindings; literary, historical, and music manuscripts; master drawings; and ancient cylinder seals that Pierpont Morgan brought together were among the first important collections of their kind in America. From these core holdings, the Morgan's collections have grown to more than 500,000 objects that in their respective fields are among the finest in the world. The Morgan continues to acquire in the fields established by Pierpont Morgan and is one of only a handful of American institutions devoted to collecting and exhibiting in these specialized areas. The collections now also include Photography and Modern & Contempary Drawings. In addition, the Morgan presents a broad range of public offerings (lectures, concerts, adult and children's educational programs) based on the collections. |
| Part V, Line 4: | The Morgan's endowment consists of numerous individual funds established for a broad range of institutional purposes and includes both donor-restricted endowment funds and funds designated by the Board of Trustees to function as endowments. Endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions. |
| Part XI, Line 2d - Other Adjustments: | Publications / Shop revenue-net of expenses-Form 990 Part VIII Line 10b 106,076. Fundraising Events revenue-net of direct expenses-Form 990 Part VIII Line 8b 18,150. |
| Part XII, Line 2d - Other Adjustments: | Publications / Shop expenses-net against revenue-Form 990 Part VIII Line 10b 106,076. Fundraising Events expenses-net against revenue-Form 990 Part VIII Line 8b 18,150. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS - Form 990, Part x, Line 12 | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $127,692,550 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $127,692,550 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $127,692,550 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part III Accounting Method: | FormAndLineReferenceDesc |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Virtual Gala | Event1Nm |
| Gross Receipts Event1 | $509,107 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $490,957 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $18,150 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $18,150 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $509,107 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $490,957 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $18,150 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $18,150 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $18,150 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $0 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| Conservation Fellowships | 3 | $77,571 | N/A | N/A |
| Curatorial Fellowships | 3 | $92,667 | N/A | N/A |
| Drawing Institute | 5 | $82,471 | N/A | N/A |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | Fellowships in Conservation are intended to further the education and training of conservators early in their careers while contributing to the ongoing program of treatment, research and education in the Thaw Conservation Center. Fellowships are awarded to recent graduates holding a diploma, master's degree, Ph.D. and/or advanced certificate in conservation from a graduate program in museum/library conservation or its equivalent. Applications from qualified candidates are evaluated according to: * Suitability of the proposed treatment project or area of research for the Thaw Conservation Center * Demonstrated knowledge and skills to successfully complete the project within the proposed time frame * An active interest in education, public outreach and advocacy for the conservation profession * Letters of recommendation from persons acquainted with the qualifications, character, and scholarship of the applicant * Performance during the interview process Curatorial Fellowships in the Morgan's Drawings and Prints Department and Photography Department further the education and training of curators early in their careers while contributing to departmental activities, including exhibitions, publications, and collection research. Applications from qualified applicants are evaluated according to: * Suitability of applicant's research interests and experience to the planned activities of the department * Demonstrated research and writing skills * Knowledge or strong interest in the field of old master drawings * An active interest in curatorial work, including daily administrative activities, communications and public speaking, and scholarly research * Letter of recommendation from persons acquainted with the qualifications, character, and scholarship of the applicant * Performance during the interview process The Drawing Institute is devoted to the study of the history, collecting, function, interpretation, conservation, and theory of old master and modern drawing with the goal of stimulating new lines of investigation and discourse. The Drawing Institute supports research through annual fellowships; publications; small, focused exhibitions; and an ongoing series of symposia, seminars, and lectures. Cooperative programming and joint fellowships with the Menil Drawing Institute and Study Center in Houston are a further component of the Drawing Institute's program. Applicants are asked to submit the following: * A cover letter incorporating a personal statement indicating area of interest and expertise * A curriculum vitae * A research proposal (maximum three pages, double-spaced) * Two publications (or excerpts thereof) or writing samples, at least one of which must be in English, not to exceed ten pages each * Two letters of recommendation from academic or professional supervisors or colleagues, on letterhead and submitted as a PDF, or as an email sent directly from recommender | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Colin B Bailey | ||||||||||||||
| Director | $627,776 | $0 | $0 | $0 | $0 | $0 | $36,057 | $0 | $17,339 | $0 | $681,172 | $0 | $0 | $0 |
| Kristina W Stillman | ||||||||||||||
| Dir. of Fin./Adm & Asst. Treasurer | $291,525 | $0 | $0 | $0 | $0 | $0 | $36,057 | $0 | $29,038 | $0 | $356,620 | $0 | $0 | $0 |
| Jessica B Ludwig | ||||||||||||||
| Deputy Dir.& Asst.Secretary | $234,288 | $0 | $0 | $0 | $0 | $0 | $27,636 | $0 | $10,534 | $0 | $272,458 | $0 | $0 | $0 |
| Lauren Stakias | ||||||||||||||
| Dir. of Institutional Advancement | $233,205 | $0 | $0 | $0 | $0 | $0 | $27,254 | $0 | $1,214 | $0 | $261,673 | $0 | $0 | $0 |
| Mary Schlitzer | ||||||||||||||
| Controller | $170,176 | $0 | $0 | $0 | $0 | $0 | $17,307 | $0 | $26,074 | $0 | $213,557 | $0 | $0 | $0 |
| John J Marciari | ||||||||||||||
| Charles W Engelhard Curator & Dept.H | $165,537 | $0 | $0 | $0 | $0 | $0 | $15,782 | $0 | $921 | $0 | $182,240 | $0 | $0 | $0 |
| Maria Fredericks | ||||||||||||||
| Sherman Fairchild Head of Thaw Conse | $146,768 | $0 | $0 | $0 | $0 | $0 | $13,569 | $0 | $25,990 | $0 | $186,327 | $0 | $0 | $0 |
| Eileen Curran | ||||||||||||||
| Director of Events | $144,427 | $0 | $0 | $0 | $0 | $0 | $12,523 | $0 | $10,470 | $0 | $167,420 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a | FormAndLineReferenceDesc |
| Explanation | The Morgan paid dues associated with one social club for Mr. Bailey which was used for business purposes. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Trust for Cultural Resources of The City of New York | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 911882413 | BondIssuerEIN |
| CUSIP | 649717MW2 | CUSIPNum |
| Bond Issued | 2004-01-22 | BondIssuedDt |
| Issue Price | $50,000,000 | IssuePriceAmt |
| Purpose | Construction, renovation, and equipping a portion of the Morgan's facility. | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $35,000,000 | RetiredAmt |
| Total Proceeds | $50,000,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $828,776 | IssuanceCostsFromProceedsAmt |
| Substantial Completion | 2006 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00480 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00480 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | Yes (1) | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AIG matched funding | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of GIC | 1.600000000000 | TermOfGICPct |
| Regulatory Safe Harbor Stsfd | Yes (1) | RegulatorySafeHarborStsfdInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Date Rebate Computation Performed | FormAndLineReferenceDesc |
| Explanation | Issuer Name: The Trust for Cultural Resources of The City of New York Date the Rebate Computation was Performed: 01/22/2014 | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 284 | ContributionCnt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 33 | ContributionCnt |
| Noncash Contributions Rpt F990 | $690,469 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Quoted Market Price | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 10 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 33: | FormAndLineReferenceDesc |
| Explanation | No amount is reported on Form 990, Part VIII, Statement of Revenue, line 1g, because the Morgan does not capitalize its collections, as permitted under generally accepted accounting principles. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 1 | The By-Laws provide for an Executive Committee that shall have the powers of the Board of Trustees, with certain exceptions, and the ability to exercise its powers between meetings of the Board of Trustees. The Executive Committee shall consist of three or more members of the Board of Trustees, including the President and the Director. As of March 31, 2021, there were nine such Trustee members. In addition, three Life Trustees served as advisory members. |
| Form 990, Part VI, Section A, line 2 | John A. Morgan and Peter M. Pennoyer have a family relationship. |
| Form 990, Part VI, Section B, line 11b | The Form 990 was reviewed by the Director of Finance and Administration/CFO, the Director, and the Audit Committee, and was made available to all voting members of the Board of Trustees prior to filing. |
| Form 990, Part VI, Section B, line 12c | Disclosure forms are distributed annually to officers, members of the Board, and key employees. Responses are reviewed by the Secretary, who provides a copy of all completed disclosure statements to the Chairman of the Audit Committee and periodically updates the Chairman regarding compliance with disclosure requirements. The conflict of interest policy establishes a procedure under which the Audit Committee reviews, addresses, and documents its determination regarding a potential conflict of interest. |
| Form 990, Part VI, Section B, line 15 | The Compensation Committee of the Board of Trustees reviews and determines compensation for key employees, utilizing comparable data from sources they deem appropriate. |
| Form 990, Part VI, Section C, line 19 | Requests for copies of the Morgan's governing documents, conflict of interest policy, and financial statements are evaluated on a case-by-case basis. |
| Form 990, Part XI, line 9: | Cumulative effect of change in accounting principle -435,920. |