FRIENDS OF THE NEUBERGER MUSEUM INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
FRIENDS OF THE NEUBERGER MUSEUM INC (EIN 23-7179855)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-04-18
IRS object ID
202221089349301322
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-04-18T12:02:11-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN161131146PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BONADIO & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16 WEMBLEY CTAddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12205ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237179855EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FRIENDS OF THE NEUBERGER MUSEUMBusinessNameLine1Txt
Business Name Line2OF ART INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlFRIEBusinessNameControlTxt
Phone9142516100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1735 ANDERSON HILL ROADAddressLine1Txt
CityPURCHASECityNm
State AbbreviationNYStateAbbreviationCd
ZIP105771400ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPAUL ZUKOWSKIPersonNm
Person TitleCHAIRPERSONPersonTitleTxt
Phone9142516100PhoneNum
Signature2022-02-22SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstPAULPersonFirstNm
Person LastZUKOWSKIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonARIEL F AMMIRATOPreparerPersonNm
PTINP01346991PTIN
Phone5184644080PhoneNum
Preparation2022-02-22PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPAUL ZUKOWSKIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1735 ANDERSON HILL ROADAddressLine1Txt
CityPURCHASECityNm
State AbbreviationNYStateAbbreviationCd
ZIP105771400ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,491,173GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.NEUBERGER.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1973FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionSUPPORT AND DEVELOPMENT OF THE NEUBERGER MUSEUM OF ART AND FINE ARTS PROGRAMS AT PURCHASE COLLEGE.ActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers48TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$530,078PYContributionsGrantsAmt
CY Contributions Grants$581,963CYContributionsGrantsAmt
PY Program Service Revenue$89,789PYProgramServiceRevenueAmt
CY Program Service Revenue$54,025CYProgramServiceRevenueAmt
PY Investment Income$58,371PYInvestmentIncomeAmt
CY Investment Income$2,851,425CYInvestmentIncomeAmt
PY Other Revenue$2,476PYOtherRevenueAmt
CY Other Revenue$3,760CYOtherRevenueAmt
PY Total Revenue$680,714PYTotalRevenueAmt
CY Total Revenue$3,491,173CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$25,288CYTotalFundraisingExpenseAmt
PY Other Expenses$1,056,553PYOtherExpensesAmt
CY Other Expenses$641,846CYOtherExpensesAmt
PY Total Expenses$1,056,553PYTotalExpensesAmt
CY Total Expenses$641,846CYTotalExpensesAmt
PY Revenues Less Expenses-$375,839PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,849,327CYRevenuesLessExpensesAmt
Total Assets BOY$10,154,107TotalAssetsBOYAmt
Total Assets EOY$12,428,606TotalAssetsEOYAmt
Total Liabilities BOY$182,556TotalLiabilitiesBOYAmt
Total Liabilities EOY$150,785TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,971,551NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,277,821NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSUPPORT AND DEVELOPMENT OF THE NEUBERGER MUSEUM OF ART AND FINE ARTS PROGRAMS AT PURCHASE COLLEGE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$139,769ExpenseAmt
DescEXHIBITION - IN A TYPICAL YEAR, SPECIAL EXHIBITIONS ARE THE CORNERSTONE OF ANY MUSEUM'S PROGRAMMING. THE NEUBERGER MUSEUM OF ART FOCUSES ON SPECIAL EXHIBITIONS OF INTERNATIONAL MODERN AND CONTEMPORARY ART, INCLUDING AN AREA SPECIALIZED IN LATIN AMERICAN ART, AND OF AFRICAN ART TO EXPAND UPON THE STRENGTHS INHERENT IN OUR PERMANENT COLLECTIONS. WE OFFER A CHANGING SCHEDULE TWICE PER YEAR FOR UP TO A TOTAL OF 8 SPECIAL EXHIBITIONS PER YEAR. DUE TO COVID THE MUSEUM WAS CLOSED FOR A PERIOD OF TIME. ONCE IT REOPENED TO THE PUBLIC IT RESUMED ITS EXHIBITION SCHEDULE.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$47,330ExpenseAmt
DescEDUCATION PROGRAMS IN A TYPICAL YEAR, THE NEUBERGER MUSEUM OF ART'S DYNAMIC EDUCATIONAL PROGRAMMING PROMOTES THE DEVELOPMENT OF STUDENTS' CRITICAL THINKING AND OBSERVATIONAL SKILLS, AND FOSTERS AND APPRECIATION OF ART FROM A YOUNG AGE. EACH YEAR, MORE THAN 2,000 STUDENTS EXPLORE THE MUSEUM'S TRADITIONAL AFRICAN ART COLLECTION AND A RANGE OF 20TH-CENTURY AND CONTEMPORARY ART THROUGH INQUIRY-BASED EXHIBITION TOURS. THAT COMPLY WITH CURRENT NEW YORK STATE LEARNING STANDARDS AND NATIONALLY-BASED BEST PRACTICES IN LEARNING. DURING COVID WE IDENTIFIED THE EDUCATIONAL NEEDS OF OUR SCHOOL PARTNERS AND INCREASED THE VIRTUAL NEEDS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$235,615ExpenseAmt
Revenue$54,891RevenueAmt
DescMEMBERSHIP - OUR MEMBERSHIP BASE NUMBERS NEARLY 200 PEOPLE WHO MAKE AN ANNUAL CONTRIBUTION AND ACCRUE BENEFITS CONCURRENT WITH A MONETARY AMOUNT. WE SEEK TO EXPAND OUR MEMBERSHIP BASE THROUGH A RENEWAL AND PARTNERSHIP STRATEGY. BECAUSE OF THE MUSEUM CLOSURE WE EXTENDED MEMBERSHIP FOR THE YEARDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$51,905ExpenseAmt
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$51,905TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses$474,619TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonPAUL ZUKOWSKYPersonNm
Phone9142516100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1735 ANDERSON HILL ROADAddressLine1Txt
CityPURCHASECityNm
State AbbreviationNYStateAbbreviationCd
ZIP105771400ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
SUSAN DUBIN
SECRETARY1.50Yes (X)Yes (X)$0$0$0
JAMES DUBIN
TREASURER1.50Yes (X)Yes (X)$0$0$0
PAUL ZUKOWSKY
CHAIR1.50Yes (X)Yes (X)$0$0$0
IVAN BART
TRUSTEE1.00Yes (X)$0$0$0
DEBBIE HEIDECORN
TRUSTEE1.00Yes (X)$0$0$0
LISA COOPER
TRUSTEE1.00Yes (X)$0$0$0
JAMIE GORDON
TRUSTEE1.00Yes (X)$0$0$0
O ANTHONY MADDALENA
TRUSTEE1.00Yes (X)$0$0$0
JIM NEUBERGER
TRUSTEE1.00Yes (X)$0$0$0
STACEY OESTREICH
TRUSTEE1.00Yes (X)$0$0$0
YALE PAPRIN
TRUSTEE1.00Yes (X)$0$0$0
MARVIN SCHWARTZ
TRUSTEE1.00Yes (X)$0$0$0
HELEN STAMBLER NEUBERGER
TRUSTEE1.00Yes (X)$0$0$0
MILAGROS PENA
TRUSTEE - EX-OFFICIO3.00Yes (X)$0$0$0
TRACY FITZPATRICK MUSEUM EXEC DIR
TRUSTEE - EX-OFFICIO3.00Yes (X)$0$0$0
PEG LUY
TRUSTEE - EX-OFFICIO3.00Yes (X)$0$0$0
BARRY PEARSON
TRUSTEE - EX-OFFICIO3.00Yes (X)$0$0$0
LUCILLE WERLINICH
TRUSTEE - EX-OFFICIO3.00Yes (X)$0$0$0
NANCY ZALTA
TRUSTEE - EX-OFFICIO3.00Yes (X)$0$0$0
BONNIE ROMANO
TRUSTEE1.00Yes (X)$0$0$0
SUELLEN MCAVOY PELUSO
VICE CHAIR1.50Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$581,963AllOtherContributionsAmt
Total Contributions$581,963TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMEMBERSHIPSDesc
Business900099BusinessCd
Total Revenue Column$54,025TotalRevenueColumnAmt
Related Or Exempt Func Income$54,025RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$54,025TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$194,655TotalRevenueColumnAmt
Exclusion$194,655ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,656,770SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,656,770SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,656,770TotalRevenueColumnAmt
Exclusion$2,656,770ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER SOURCESDesc
Business900099BusinessCd
Total Revenue Column$3,760TotalRevenueColumnAmt
Related Or Exempt Func Income$3,760RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,760OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,491,173TotalRevenueColumnAmt
Related Or Exempt Func Income$57,785RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,851,425ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$438,851TotalAmt
Program Services$302,187ProgramServicesAmt
Management And General$136,664ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$43,871TotalAmt
Program Services$43,871ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,275TotalAmt
Management And General$5,275ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,694TotalAmt
Program Services$3,694ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
OTHER$54,347$54,347
EVENTS$41,022$15,734$25,288
EXHIBITION LABOR$23,866$23,866
EDUCATION PROGRAMS$10,847$10,847

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$20,073TotalAmt
Program Services$20,073ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$641,846TotalAmt
Program Services$474,619ProgramServicesAmt
Management And General$141,939ManagementAndGeneralAmt
Fundraising$25,288FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,307,357BOYAmt
EOY$1,304,962EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$93,753BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,865BOYAmt
EOY$136,750EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$32,802BOYAmt
EOY$26,583EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$8,630,901BOYAmt
EOY$10,616,453EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$86,429BOYAmt
EOY$343,858EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$10,154,107BOYAmt
EOY$12,428,606EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$3,120EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$27,972BOYAmt
EOY$16,309EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$154,584BOYAmt
EOY$131,356EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$182,556BOYAmt
EOY$150,785EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$479,257BOYAmt
EOY$383,637EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,492,294BOYAmt
EOY$11,894,184EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,971,551BOYAmt
EOY$12,277,821EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,154,107BOYAmt
EOY$12,428,606EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,849,327ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$543,057NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$439,962CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$863,609CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$682,304CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$375,288CurrentTaxYearMinus1YearAmt
Current Tax Year$581,963CurrentTaxYearAmt
Total$2,943,126TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$223,694CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$277,763CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$154,055CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$132,675CurrentTaxYearMinus1YearAmt
Current Tax Year$54,891CurrentTaxYearAmt
Total$843,078TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$663,656CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,141,372CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$836,359CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$507,963CurrentTaxYearMinus1YearAmt
Current Tax Year$636,854CurrentTaxYearAmt
Total$3,786,204TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$646,285SubstantialContributorsTotAmt
Public Support Total170$3,139,919PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$131,984CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$168,011CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$145,482CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$249,507CurrentTaxYearMinus1YearAmt
Current Tax Year$194,655CurrentTaxYearAmt
Total$889,639TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$963CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$17,526CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,477CurrentTaxYearMinus1YearAmt
Current Tax Year$3,760CurrentTaxYearAmt
Total$24,726TotalAmt
FieldValueIRS element (for citing)
Total Support$4,700,569TotalSupportAmt
Public Support CY1700.66800PublicSupportCY170Pct
Public Support PY1700.65250PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,368,856BeginningYearBalanceAmt
Investment Earnings Or Losses$1,537,595InvestmentEarningsOrLossesAmt
Other Expenditures$91,506OtherExpendituresAmt
End Year Balance$7,938,636EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,616,881BeginningYearBalanceAmt
Investment Earnings Or Losses$238,400InvestmentEarningsOrLossesAmt
Other Expenditures$486,425OtherExpendituresAmt
End Year Balance$6,368,856EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,605,717BeginningYearBalanceAmt
Investment Earnings Or Losses$309,475InvestmentEarningsOrLossesAmt
Other Expenditures$298,311OtherExpendituresAmt
End Year Balance$6,616,881EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,643,287BeginningYearBalanceAmt
Investment Earnings Or Losses$490,387InvestmentEarningsOrLossesAmt
Other Expenditures$527,957OtherExpendituresAmt
End Year Balance$6,605,717EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,028,543BeginningYearBalanceAmt
Investment Earnings Or Losses$874,574InvestmentEarningsOrLossesAmt
Other Expenditures$259,830OtherExpendituresAmt
End Year Balance$6,643,287EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.60000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.40000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDUE TO PURCHASE COLLEGEDesc
Amt$131,356Amt
FieldValueIRS element (for citing)
Total Liability$131,356TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$3,003,007TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$543,057NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$54,891DonatedServicesAndUseFcltsAmt
Revenue Not Reported-$488,166RevenueNotReportedAmt
Revenue Subtotal$3,491,173RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,491,173TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$696,737TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$54,891DonatedServicesUseFcltsAmt
Expenses Not Reported$54,891ExpensesNotReportedAmt
Expenses Subtotal$641,846ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$641,846TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:IN CONFORMITY WITH U.S. GAAP FOLLOWED BY ART MUSEUMS, THE VALUE OF FRIENDS' COLLECTIONS HAVE BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION AND GIFTS OF ART OBJECTS ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PURCHASE OF ART OBJECTS BY THE FRIENDS ARE RECORDED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM THE SALE OF ART ARE RECORDED AS INCREASES IN TEMPORARILY RESTRICTED NET ASSETS.
PART III, LINE 4:THE FRIENDS' COLLECTION OF ART IS COMPRISED OF OVER 1,500 WORKS OF VARYING TYPES, INCLUDING PAINTING, SCULPTURES AND PHOTOGRAPHS. THE COLLECTION IS PREDOMINANTLY COMPRISED OF AMERICAN ART FROM THE EARLY 1900S TO PRESENT DAY. IT ALSO CONTAINS SIGNIFICANT BODIES OF CONSTRUCTIVIST ART, EUROPEAN MODERNIST WORKS AND AFRICAN ART. THE COLLECTIONS, MAINTAINED FOR PUBLIC EXHIBITIONS AND EDUCATION RATHER THAN FOR FINANCIAL GAIN, ARE PROTECTED, UNENCUMBERED AND PRESERVED, AND ARE SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF COLLECTION ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2HELEN STAMBLER NEUBERGER AND JIM NEUBERGER ARE HUSBAND AND WIFE.
FORM 990, PART VI, SECTION B, LINE 11BFRIENDS OF THE NEUBERGER MUSEUM OF ART HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO BOARD MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THE GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE CONFLICT OF INTEREST POLICY IS APPLICABLE TO BOARD MEMBERS OF THE ORGANIZATION. EACH BOARD MEMBER IS REQUIRED TO READ AND SIGN THE CONFLICT OF INTEREST POLICY WHEN IT IS UPDATED. THE POLICY IS REVIEWED ON A YEARLY BASIS. THE ORGANIZATION MONITORS THE CONFLICT OF INTEREST POLICY THROUGH THE NORMAL COURSE OF BUSINESS. WHENEVER A MATTER ARISES FOR ACTION BY THE BOARD, OR THE MUSEUM ENGAGED IN AN ACTIVITY WHERE THERE IS A POSSIBLE CONFLICT OR APPEAPRANCE OF CONFLICT BETWEEN THE INTERESTS OF THE MUSEUM AND AN OUTSIDE OR PERSONAL INTEREST OF A BOARD MEMBER, THE OUTSIDE INTEREST SHOULD BE A MATTER OF RECORD. THE CONFLICT OF INTEREST POLICY PROVIDES FOR WRITTEN ACKNOWLEDGEMENT BY EACH TRUSTEE THAT EACH HAS READ AND IS FAMILIAR WITH THE CONFLICT OF INTERST POLICY AND AS TO WHETHER OR NOT THE TRUSTEE HAS A CONFLICT OF INTEREST. IN THOSE CASES WHERE THE BOARD MEMBER IS PRESENT WHEN A VOTE IS TAKEN IN CONNECTION WITH SUCH QUESTION, HE OR SHE SHOULD ABSTAIN.
FORM 990, PART VI, SECTION C, LINE 19COPIES OF INTERNAL POLICIES, GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE OFFICES DURING REGULAR BUSINESS HOURS. FORM 990 IS AVALIABLE UPON REQUEST, AT OFFICES DURING REGULAR BUSINESS HOURS, ON THE WEBSITE OF THE OFFICE OF THE ATTORNEY GENERAL OF THE STATE OF NY, AND ON THE WEBSITE WWW.GUIDESTAR.ORG.
FORM 990, PART IX, LINE 11GOUTSOURCED SALARIES: PROGRAM SERVICE EXPENSES 302,187. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 302,187. ENDOWMENT ADMIN FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 136,664. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 136,664.

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