2022-05-16T09:58:42-05:00 2021-06-30 263753134 CBIZ MHM LLC 500 BOYLSTON STREET BOSTON MA 02116 990 2020-07-01 043157815 PEABODY ESSEX MUSEUM INC PEAB 9787459500 EAST INDIA SQUARE SALEM MA 019703783 NATHALIE APCHIN CHIEF FINANCIAL OFFICER 9787459500 2022-05-13 1 NATHALIE APCHIN 999009999 CRAIG KLEIN P00734640 6177610600 2022-05-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LYNDA ROSCOE HARTIGAN EAST INDIA SQUARE SALEM MA 019703783 300756381 0 X WWW.PEM.ORG X 1992 MA THE MISSION OF THE PEABODY ESSEX MUSEUM IS TO CELEBRATE OUTSTANDING ARTISTIC AND CULTURAL CREATIVITY BY COLLECTING, STEWARDING AND INTERPRETING OBJECTS OF ART AND CULTURE IN WAYS THAT INCREASE KNOWLEDGE, ENRICH THE SPIRIT, ENGAGE THE MIND AND STIMULATE THE SENSES. THROUGH ITS EXHIBITIONS, PROGRAMS, PUBLICATIONS, MEDIA AND RELATED ACTIVITIES, PEM STRIVES TO CREATE EXPERIENCES THAT TRANSFORM PEOPLE'S LIVES BY BROADENING THEIR PERSPECTIVES, ATTITUDES, AND KNOWLEDGE OF THEMSELVES AND THE WIDER WORLD. 27 27 283 140 -584661 0 3912542 9977640 426367 987815 16215329 46388540 269058 639483 20823296 57993478 0 0 0 0 9904098 15873240 0 0 2374502 12582389 25994523 22486487 41867763 -1663191 16125715 715160965 834878169 82172565 81031323 632988400 753846846 X THE MISSION OF THE PEABODY ESSEX MUSEUM IS TO CELEBRATE OUTSTANDING ARTISTIC AND CULTURAL CREATIVITY BY COLLECTING, STEWARDING AND INTERPRETING OBJECTS OF ART AND CULTURE IN WAYS THAT INCREASE KNOWLEDGE, ENRICH THE SPIRIT, ENGAGE THE MIND AND STIMULATE THE SENSES. THROUGH ITS EXHIBITIONS, PROGRAMS, PUBLICATIONS, MEDIA AND RELATED ACTIVITIES, PEM STRIVES TO CREATE EXPERIENCES THAT TRANSFORM PEOPLE'S LIVES BY BROADENING THEIR PERSPECTIVES, ATTITUDES, AND KNOWLEDGE OF THEMSELVES AND THE WIDER WORLD. 0 0 10929758 975907 EXHIBITIONS AND PUBLICATIONS: SEE SCHEDULE O. 14281487 2777 CURATORIAL AND COLLECTIONS: SEE SCHEDULE O. 1846829 8331 EDUCATION: SEE SCHEDULE O. 5415099 397284 5415099 397284 32473173 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 67 0 283 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 27 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X X NATHALIE APCHIN 9787459500 PEABODY ESSEX MUSEUM EAST INDIA SALEM MA 019703783 TINA AMBANI TRUSTEE 1.00 X 0 0 0 JEFFREY BEALE VICE PRESIDENT 2.00 X X 0 0 0 CLEMENT BENENSON TRUSTEE 1.00 X 0 0 0 STEPHANIE BENENSON TRUSTEE 1.00 X 0 0 0 JENNIFER BORGGAARD SECRETARY 2.00 X X 0 0 0 SAMUEL BYRNE TRUSTEE 1.00 X 0 0 0 C RICHARD CARLSON TREASURER 2.00 X X 0 0 0 ALFRED CHANDLER III TRUSTEE 1.00 X 0 0 0 ANA B COLMENERO VICE PRESIDENT 2.00 X X 0 0 0 JAMES HAWKES VICE PRESIDENT 2.00 X X 0 0 0 ANDREW HEISKELL TRUSTEE 1.00 X 0 0 0 CARLA HERWITZ TRUSTEE 1.00 X 0 0 0 TIMOTHY INGRAHAM VICE PRESIDENT 2.00 X X 0 0 0 ELIZABETH DE MONTRICHARD TRUSTEE 1.00 X 0 0 0 KATE O'NEIL TRUSTEE 1.00 X 0 0 0 JANE PAPPALARDO TRUSTEE 1.00 X 0 0 0 SMITA ADMIN PATEL TRUSTEE 1.00 X 0 0 0 SUNITA PEREIRA MD TRUSTEE 1.00 X 0 0 0 STUART PRATT CHAIRMAN 3.00 X X 0 0 0 JEFFREY RAYPORT TRUSTEE 1.00 X 0 0 0 MOLLY RYAN TRUSTEE 1.00 X 0 0 0 C FRANKLIN SAYRE TRUSTEE 1.00 X 0 0 0 AUSTIN SHAPARD TRUSTEE 1.00 X 0 0 0 ROBERT SHAPIRO VICE PRESIDENT 2.00 X X 0 0 0 JURRIEN TIMMER TRUSTEE 1.00 X 0 0 0 GAIL VON METZSCH VICE PRESIDENT 2.00 X X 0 0 0 ROSITA K WORL TRUSTEE 1.00 X 0 0 0 BRIAN KENNEDY EXECUTIVE DIRECTOR (1/1/20-12/7/20) 40.00 X 1032241 0 48533 LYNDA ROSCOE HARTIGAN DEPUTY DIRECTOR (1/1/20-7/16/20) 40.00 X 240331 0 37405 NATHALIE G APCHIN CFO 40.00 X 271925 0 50383 ROBERT M MONK CHIEF OPERATING OFFICER 40.00 X 203360 0 48469 AMANDA CLARK MACMULLAN CHIEF PHILANTHROPY OFFICER 40.00 X 365258 0 38059 KATHERINE H FREDRICKSON CHIEF OF CUR. AFF. (1/1/20-10/19/20) 40.00 X 149200 0 28383 DAVID T SEIBERT DIRECTOR OF EXHIBITION DESIGN 40.00 X 156363 0 31749 DEREK C O'BRIEN CHIEF MARKETING OFFICER 40.00 X 140894 0 40488 JOHN D CHILDS DIRECTOR OF COLLECTIONS 40.00 X 155186 0 19939 DAN MONROE FORMER EXEC DIR/CONSULTANT IN 2020 8.00 X 638421 0 0 3353179 0 343408 30 1 1 0 CAMBRIDGE ASSOCIATES LLC 125 HIGH STREET BOSTON MA 02110 INVESTMENTS CONSULTING 856328 SCHWARTZ HANNUM PC 11 CHESTNUT STREET ANDOVER MA 01810 LEGAL SERVICES 163043 2 782548 4260400 4934692 555740 9977640 ADMISSIONS 900099 874687 874687 TRAVELING EXHIBITIONS 900099 90760 90760 OTHER PROGRAM REVENUE 900099 13237 13237 EDUCATION PROGRAM REV. 900099 8331 8331 FUNCTIONS 900099 800 800 987815 1405929 -600581 2006510 14971 14971 57360 14854 42506 42506 42506 287385746 242403135 44982611 44982611 44982611 738243 344914 393329 377409 15920 MISC INVESTMENT INCOME 900099 169603 169603 19074 19074 188677 57993478 1384298 -584661 47216201 1624575 63940 1346381 214254 11984551 8987482 1601851 1395218 639913 479885 85531 74497 782795 587036 104628 91131 841406 630989 112462 97955 245884 2477 243407 116200 116200 4661591 4015957 435796 209838 3543472 2397116 1094588 51768 511556 508522 3034 866453 503628 312091 50734 2196422 2196422 40542 29272 11270 2531984 2518281 13703 8876242 7784464 952421 139357 460122 108216 351906 COLLECTION ACQUISITIONS 535342 535342 EXHIBITIONS 272006 272006 PRINTING AND PUBLICATIO 136454 136454 HOSPITALITY 71423 38075 5448 27900 928830 677609 232405 18816 41867763 32473173 7020088 2374502 10232 29286 10106940 13697364 3671143 3630380 81651 2159132 400000 300143 519462 537595 124382 168010 295027220 102223562 199544937 192803658 60938428 93656950 431594961 520533832 8168829 7361819 715160965 834878169 2636326 3521330 93498 176598 76486309 74994431 1920180 1834839 1036252 504125 82172565 81031323 X 163208334 169731507 469780066 584115339 632988400 753846846 715160965 834878169 X 16125715 102465921 2266810 X 0 1 X 1 1 1 X 19293501 9330069 9716876 3912542 9977640 52230628 19293501 9330069 9716876 3912542 9977640 52230628 12265912 39964716 601597 5384109 1957391 1197898 2250628 11391623 193484 755406 948890 149588 199550 280245 629383 65200524 14540839 0.61300 0.43450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 448748145 1912278 136248490 22273233 564635680 470644595 33850 -10157931 11772369 448748145 426409908 292227 66060758 22118298 470644595 465297780 823591 -20692729 19018734 426409908 426825014 1086325 54696203 17309762 465297780 0.02420 0.87080 0.10500 0 0 4581766 4581766 262956449 86482364 176474085 228638 228638 0 17191743 14005926 3185817 10068624 1506634 8561990 192803658 DOMESTIC EQUITIES & FUNDS 70733222 F INTERNATIONAL EQUITIES & FUNDS 74010856 F FIXED INCOME & FUNDS 72509515 F ABSOLUTE RETURN HEDGE FUNDS 129986147 F REAL ESTATE LIMITED PARTNERSHIPS 12842431 F PRIVATE EQUITY 160451661 F 520533832 OBLIGATION UNDER SPLIT-INTEREST AGREEMENTS 390493 OBLIGATION UNDER LEASE 71113 ENVIRONMENTAL REMEDIATION LIABILITY 42519 504125 X 158424386 102465922 2626577 105092499 53331887 4661591 4661591 57993478 37565940 359768 359768 37206172 4661591 4661591 41867763 PART III, LINE 1A: THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. COLLECTION ITEMS PURCHASED ARE FUNDED BY PURPOSE-RESTRICTED GIFTS OR FROM NET APPRECIATION ON ACQUISITION ENDOWMENTS. PART III, LINE 4: THE PEABODY ESSEX MUSEUM (THE MUSEUM) PRESENTS ART AND CULTURE FROM NEW ENGLAND AND AROUND THE WORLD. THE MUSEUM'S COLLECTIONS ARE AMONG THE FINEST OF THEIR KIND, SHOWCASING AN UNRIVALED SPECTRUM OF AMERICAN ART AND ARCHITECTURE (INCLUDING FOUR NATIONAL HISTORIC LANDMARK BUILDINGS) AND OUTSTANDING ASIAN, ASIAN EXPORT, NATIVE AMERICAN, AFRICAN, OCEANIC, MARITIME, CONTEMPORARY, PHOTOGRAPHY, AND FASHION AND DESIGN COLLECTIONS. IN ADDITION TO ITS VAST COLLECTIONS, THE MUSEUM OFFERS A VIBRANT SCHEDULE OF CHANGING EXHIBITIONS AND A HANDS-ON EDUCATION CENTER. THE MUSEUM CAMPUS FEATURES PARKS, PERIOD GARDENS, AND 24 HISTORIC PROPERTIES, INCLUDING YIN YU TANG, A 200-YEAR-OLD HOUSE THAT IS THE ONLY COMPLETE EXAMPLE OF CHINESE DOMESTIC ARCHITECTURE ON DISPLAY IN THE UNITED STATES. PART V, LINE 4: TO PROVIDE BOTH GENERAL AND SPECIFIC SUPPORT FOR MUSEUM OPERATIONS. PART X, LINE 2: THE MUSEUM ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE MUSEUM HAS IDENTIFIED ITS STATUS AS A PUBLICLY SUPPORTED TAX EXEMPT ENTITY AND ITS CLASSIFICATION OF REVENUES AS RELATED OR UNRELATED AS ITS ONLY SIGNIFICANT POSITIONS AND HAS DETERMINED THAT SUCH POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE MUSEUM'S FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THE THREE YEARS AFTER THE DATE OF FILING OF THE RELATED RETURN. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF FUNDS HELD BY OTHERS 2,266,809. COST OF GOODS SOLD 344,914. BUILDING RENTAL EXPENSES 14,854. PART XII, LINE 2D - OTHER ADJUSTMENTS: BUILDING RENTAL EXPENSES 14,854. COST OF GOODS SOLD 344,914. EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 20077 NORTH AMERICA 0 0 INVESTMENTS 5486279 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 411592087 0 0 0 0 0 0 417098443 0 417098443 1 0 1 1 1 0 PART III ACCOUNTING METHOD: X X X 1 1 X X X X X X 1 1 0 0 0 0 0 0 1 1 BRIAN KENNEDY EXECUTIVE DIRECTOR (1/1/20-12/7/20) 706267 0 100000 0 225974 0 19500 0 29033 0 1080774 0 25034 0 DAN MONROE FORMER EXEC DIR/CONSULTANT IN 2020 600000 0 0 0 38421 0 0 0 0 0 638421 0 0 0 AMANDA CLARK MACMULLAN CHIEF PHILANTHROPY OFFICER 365258 0 0 0 0 0 17100 0 20959 0 403317 0 0 0 NATHALIE G APCHIN CFO 271925 0 0 0 0 0 16773 0 33610 0 322308 0 0 0 LYNDA ROSCOE HARTIGAN DEPUTY DIRECTOR (1/1/20-7/16/20) 209650 0 0 0 30681 0 24852 0 12553 0 277736 0 0 0 ROBERT M MONK CHIEF OPERATING OFFICER 203360 0 0 0 0 0 27808 0 20661 0 251829 0 0 0 DAVID T SEIBERT DIRECTOR OF EXHIBITION DESIGN 156363 0 0 0 0 0 9691 0 22058 0 188112 0 0 0 DEREK C O'BRIEN CHIEF MARKETING OFFICER 140894 0 0 0 0 0 9038 0 31450 0 181382 0 0 0 KATHERINE H FREDRICKSON CHIEF OF CUR. AFF. (1/1/20-10/19/20) 135593 0 0 0 13607 0 8066 0 20317 0 177583 0 0 0 JOHN D CHILDS DIRECTOR OF COLLECTIONS 155186 0 0 0 0 0 9294 0 10645 0 175125 0 0 0 PART I, LINE 1A FIRST CLASS TRAVEL IS NOT AUTHORIZED, WITH NOTED EXCEPTIONS THAT INCLUDE CERTAIN ROUTES AND AIR TRAVEL WHEN BUSINESS CLASS WOULD HAVE BEEN THE CHOICE BUT THE AIRLINE ONLY OFFERED ECONOMY AND FIRST CLASS. EXECUTIVE DIRECTOR TRAVEL IS REVIEWED BY AN OFFICER OF THE BOARD, AND SOMETIMES INCLUDES SPOUSAL TRAVEL FOR THE EXECUTIVE DIRECTOR'S SPOUSE. ALL AMOUNTS FOR SPOUSAL TRAVEL ARE REFLECTED AS TAXABLE COMPENSATION TO THE EXECUTIVE DIRECTOR. A TAX GROSS-UP PAYMENT (ALSO INCLUDED IN TAXABLE COMPENSATION) IS MADE AT THE END OF THE YEAR. PART I, LINES 4A-B KATHERINE H FREDRICKSON RECEIVED SEVERANCE PAYMENTS IN THE AMOUNT OF $7,673. BRIAN KENNEDY RECEIVED A 457(F) PAYOUT OF $25,034. PART I, LINE 8 THE CONTRACT ENTERED INTO WITH THE NEW EXECUTIVE DIRECTOR AND CEO CONSTITUTES A CONTRACT SUBJECT TO THE INITIAL CONTRACT EXCEPTION DESCRIBED IN REG. SEC. 53.4958-4(A)(3). THE ORGANIZATION FOLLOWED THE REBUTTABLE PRESUMPTION PROCEDURE UNDER REG. SEC. 53.4958-6(C): THE BOARD OF TRUSTEES REVIEWED AND AUTHORIZED THE CONTRACT, THERE WERE NO CONFLICTS OF INTEREST IN THE CONTRACT NEGOTIATIONS, AND THERE WAS BENCHMARK DATA SUPPORTING THAT THE COMPENSATION ARRANGEMENT IN ITS ENTIRETY IS REASONABLE. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2012-11-08 29160000 REFUND 2002 ISSUE 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2019-12-23 55000000 REFUND 2016 ISSUE 0 0 0 A 29160000 190379 28969621 2003 1 0 1 1 B 55000000 55000000 2019 1 0 1 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 1 A 1 B 1 LYNDA ROSCOE HARTIGAN OFFICER RESIDENTIAL LOAN X 300000 300143 0 1 1 300143 X 66 COLL. OBJ. NOT VALUE X COLL. OBJ. NOT VALUE X 20 555740 AVG. HIGH/LOW ON VAL 8 0 1 0 PART I, COLUMN (B): THE NUMBER SHOWN IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART III, LINE 4A, DESCRIPTION OF PROGRAM SERVICE: EXHIBITIONS AND PUBLICATIONS: OVER THE LAST 20 YEARS, THE PEABODY ESSEX MUSEUM (PEM) HAS DISTINGUISHED ITSELF AS ONE OF THE FASTEST-GROWING ART MUSEUMS IN NORTH AMERICA. FOUNDED IN 1799, IT IS ALSO THE COUNTRY'S OLDEST CONTINUOUSLY OPERATING MUSEUM. AT ITS HEART IS A MISSION TO ENRICH AND TRANSFORM PEOPLE'S LIVES BY BROADENING THEIR PERSPECTIVES, ATTITUDES AND KNOWLEDGE OF THEMSELVES AND THE WIDER WORLD. PEM CELEBRATES OUTSTANDING ARTISTIC AND CULTURAL CREATIVITY THROUGH EXHIBITIONS, PROGRAMMING AND SPECIAL EVENTS THAT EMPHASIZE CROSS-CULTURAL CONNECTIONS, INTEGRATE PAST AND PRESENT AND UNDERSCORE THE VITAL IMPORTANCE OF CREATIVE EXPRESSION. THE MUSEUM'S COLLECTION IS AMONG THE FINEST OF ITS KIND BOASTING SUPERLATIVE WORKS FROM AROUND THE GLOBE AND ACROSS TIME -- INCLUDING AMERICAN ART AND ARCHITECTURE, ASIAN EXPORT ART, PHOTOGRAPHY, MARITIME ART AND HISTORY, NATIVE AMERICAN, OCEANIC, AND AFRICAN ART, AS WELL AS ONE OF THE NATION'S MOST IMPORTANT MUSEUM-BASED COLLECTIONS OF RARE BOOKS AND MANUSCRIPTS. PEM'S CAMPUS OFFERS A VARIED AND UNIQUE VISITOR EXPERIENCE WITH HANDS-ON CREATIVITY ZONES, INTERACTIVE OPPORTUNITIES AND PERFORMANCE SPACES. TWENTY-TWO NOTED HISTORIC STRUCTURES GRACE PEM'S CAMPUS, INCLUDING YIN YU TANG, A 200-YEAR-OLD CHINESE HOUSE THAT IS THE ONLY EXAMPLE OF CHINESE DOMESTIC ARCHITECTURE ON DISPLAY IN THE UNITED STATES. THE MUSEUM REALIZED AN AMBITIOUS, BALANCED, AND DIVERSIFIED CHANGING EXHIBITION PROGRAM IN FY2021. WITH THE COVID-19 PANDEMIC STILL AFFECTING OPERATIONS AND VISITORSHIP, THE MUSEUM WAS OPEN TO THE PUBLIC FOUR DAYS A WEEK, AND KEPT ADDITIONAL SAFETY PROTOCOLS IN PLACE FOR THE PROTECTION OF STAFF AND VISITORS ALIKE. OPEN A TOTAL OF 204 DAYS, PEM WELCOMED 74,472 VISITORS TO THE MUSEUM. 14% OF GENERAL ADMISSION VISITORS (10,729) TOURED YIN YU TANG, THE ONLY COMPLETE QING DYNASTY HOUSE OUTSIDE OF CHINA AND A MODEL IN INTERNATIONAL HISTORIC PRESERVATION. FY2021 TRAVELING EXHIBITIONS (ORGANIZED) JACOB LAWRENCE: THE AMERICAN STRUGGLE (1/2020 8/2020) IN AMERICAN WATERS: THE SEA IN AMERICAN PAINTING (5/2021 10/2021) TEMPORARY EXHIBITIONS THE SALEM WITCH TRIALS (9/2020 4-2021) THE SALEM WITCH TRIALS: RECKONING AND RECLAIMING (9/2021 3/2022) MADE IT: WOMEN WHO REVOLUTIONIZED FASHION (11/2020 3/2021) PETER HUTTON: AT SEA (7/2020 7/2021) 6:30 AM, ROBERT WEINGARTEN (7/2020 11/ 2020) A LASTING MEMENTO: JOHN THOMSON'S PHOTOGRAPHS ALONG THE RIVER MIN (6/2019 9/2020) WHERE THE QUESTIONS LIVE (9/2019 3/2020) CHARLES SANDISON: FIGUREHEAD 2.0 (9/2019 2/ 2021) ANILA QUAYYUM AGHA: ALL THE FLOWERS ARE FOR ME (7/2020 PRESENT) MICHAEL MCMILLEN'S THE PEQUOD II (10/2020 9/2022) MY DEAR CHESTER AND DAVEY (11/2020 3/ 2022) SALEM STORIES (9/26/2020 PRESENT) ZARAH HUSSAIN: BREATH (12/2020 4 / 2022) PERMANENT EXHIBITIONS MARITIME ART (9/2019 PRESENT) ASIAN EXPORT ART (9/2019 PRESENT) FASHION AND DESIGN (9/2019 PRESENT) POWERFUL FIGURES (9/2019 PRESENT) VANESSA PLATACIS: TAKING PLACE (9/2019 PRESENT) SOUTH ASIAN ART (11/2020 PRESENT) ART IN PUBLIC SPACES (9/2019 PRESENT) JAPANOMANIA! JAPANESE ART GOES GLOBAL (4/2018 PRESENT) DOUBLE HAPPINESS: CELEBRATION IN CHINESE ART (4/2014 PRESENT) AMERICAN ART (4/2014- PRESENT) PUBLISHED WORKS THE WOMEN WHO REVOLUTIONIZED FASHION | 250 YEARS OF DESIGN (RIZZOLI ELECTRA, 2020) PEABODY ESSEX MUSEUM GUIDE (PEABODY ESSEX MUSEUM, 2020) IN AMERICAN WATERS: THE SEA IN AMERICAN PAINTING (UNIVERSITY OF ARKANSAS PRESS, 2021) FORM 990, PART III, LINE 4B, DESCRIPTION OF PROGRAM SERVICE: CURATORIAL AND COLLECTIONS: NATIONALLY AND INTERNATIONALLY RECOGNIZED THOUGHT LEADERS IN THEIR RESPECTIVE FIELDS, THE CURATORIAL STAFF IS RESPONSIBLE FOR CONCEIVING AND ORGANIZING EXHIBITIONS AND CULTIVATING SUPPORT FOR THE MUSEUM'S PROGRAMMATIC INITIATIVES AND COLLECTION. CURATORS ACQUIRE, RESEARCH, AND INTERPRET THE MUSEUM'S COLLECTION. THE CURATORIAL STAFF ALSO PREPARES AND PUBLISHES SCHOLARLY CATALOGUES AND EDUCATIONAL TEXTS RELATED TO THE EXHIBITIONS AND THE COLLECTION. THE MUSEUM'S COLLECTION ENCOMPASSES MORE THAN ONE MILLION WORKS REPRESENTING ART AND CULTURE GLOBALLY. SEVERAL OF THE PRINCIPAL COLLECTING AREAS BEGAN WITH THE MUSEUM'S FOUNDING IN 1799 AND ARE THE FIRST OF SUCH MATERIAL AMONG AMERICAN MUSEUMS. OTHER AREAS OF THE COLLECTION ARE THE BEST OR LARGEST AMONG AMERICAN OR INTERNATIONAL MUSEUM COLLECTIONS. DURING FY21 THE MUSEUM ADDED, THROUGH PURCHASE AND THROUGH DONATION, 80 NEW PIECES TO ITS COLLECTIONS, AND CONTINUES TO COLLECT SELECTIVELY IN ALMOST ALL AREAS OF THE COLLECTION THROUGH GIFT, PURCHASE, AND BEQUEST. PEM'S COLLECTING AREAS INCLUDE: AFRICAN, AMERICAN, ASIAN EXPORT, CHINESE, CONTEMPORARY, EUROPEAN, FASHION AND TEXTILES, JAPANESE, KOREAN, MARITIME, NATIVE AMERICAN, NATURAL HISTORY, OCEANIC, PHOTOGRAPHY, SOUTH ASIAN, ARCHITECTURE, AND THE PHILLIPS LIBRARY. FORM 990, PART III, LINE 4C, DESCRIPTION OF PROGRAM SERVICE: EDUCATION: THE MUSEUM'S DEPARTMENT OF EDUCATION AND CIVIC ENGAGEMENT DEVELOPS AND IMPLEMENTS A WIDE ARRAY OF PUBLIC PROGRAMS, SCHOOL PROGRAMS, AND MUSEUM TOURS. IT ALSO PROVIDES MATERIALS TO HELP VISITORS OF ALL AGES WITH DIVERSE BACKGROUNDS, KNOWLEDGE, INTERESTS, PREFERENCES, AND NEEDS GAIN INSIGHT ABOUT THEMSELVES AND THE WORLD AROUND THEM THROUGH AN UNDERSTANDING OF INTERNATIONAL ART AND CULTURE. EDUCATION & COMMUNITY ENGAGEMENT DEPARTMENT WORKS TO DEEPEN ENGAGEMENT AND UPLIFT COMMUNITY VOICES TO ENCOURAGE NEW, DIVERSE, MULTIGENERATIONAL AUDIENCES THROUGH THE BILINGUAL INITIATIVE AND ESTABLISHING LOCAL PARTNERSHIPS. THIS DEPARTMENT ALSO OVERSEES THE ART & NATURE CENTER WHICH SHOWCASES ORIGINAL EXHIBITIONS THAT INVESTIGATE OUR INTERCONNECTIONS WITH NATURE THROUGH CONTEMPORARY ART, MEMORABLE OBJECTS, AND INTERACTIVE EXPERIENCES. DESIGNED FOR VISITORS OF ALL AGES, THE FAMILY-FRIENDLY CENTER FEATURES CHANGING EXHIBITIONS, HANDS-ON DISPLAYS, AND ART-MAKING SPACES. THE DEPARTMENT OF EDUCATION FOCUSES ON SEVERAL BROAD AUDIENCE AREAS - EARLY CHILDHOOD, K-12 STUDENTS, TEACHERS, FAMILIES, AND ADULTS FROM COLLEGE AGE THROUGH SENIOR CITIZENS - TO OFFER EXPERIENCES AND RESOURCES CONNECTED TO OUR COLLECTIONS, EXHIBITIONS, AND TO THEMES THAT ARE RELEVANT TO ALL OF OUR AUDIENCES TODAY: EQUITY AND BELONGING, WELLNESS, AND CLIMATE + ENVIRONMENT. DURING FY2021 (JULY '20- JUNE '21), THE ART AND NATURE CENTER'S ONGOING GALLERY SPACES WELCOMED 22,665 GUESTS OVER A TOTAL OF 240 DAYS IT WAS OPEN. IN ADDITION, THE DEPARTMENT OF EDUCATION & CIVIC ENGAGEMENT HOSTED 70 DISTINCT PUBLIC PROGRAMS, BOTH VIRTUAL AND IN-PERSON, WITH 36,829 PARTICIPANTS AND VIEWERS. 16 IN-PERSON TOURS WERE ALSO HOSTED FOR ADULT AUDIENCES TOTALING 84 VISITORS, AS WELL AS 16 VIRTUAL TOUR PROGRAMS FOR ADULT AUDIENCES TOTALING 320 PEOPLE, AND TWO IN-PERSON PROGRAMS AT RETIREMENT COMMUNITIES TOTALING 41 PEOPLE. FORM 990, PART VI, SECTION A, LINE 2 CLEMENT BENENSON AND STEPHANIE BENENSON HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE AND AUDIT COMMITTEE CONDUCTS A DETAILED REVIEW OF THE FORM 990 PRIOR TO FILING. AFTER ANY NECESSARY REVISIONS ARE MADE, THE FINAL DRAFT IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, EACH OFFICER, DIRECTOR AND KEY EMPLOYEE IS REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT. THE STATEMENTS ARE REVIEWED BY THE SECRETARY OF THE BOARD OF TRUSTEES. ANY CONFLICTS ARE BROUGHT TO THE ATTENTION OF AN APPROPRIATE OFFICER, DIRECTOR OR SENIOR MANAGER TO DETERMINE THE APPROPRIATE COURSE OF ACTION IN RESOLVING THE CONFLICT. IF A CONFLICT IS FOUND TO EXIST, THE CONFLICTED INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN ANY DECISIONS RELATIVE TO THE SOURCE OF CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE EXECUTIVE DIRECTOR, OFFICERS AND KEY EMPLOYEES IS SUBJECT TO REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE MUSEUM'S FORM 990, INCLUDING FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE IN HARD COPY OR ELECTRONICALLY UPON REQUEST. THE FORM 990 IS AVAILABLE ON THE ORGANIZATION'S WEBSITE AND VIA THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE AND AT WWW.GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF FUNDS HELD BY OTHERS 2,266,808. ROUNDING 2. FORM 990, SCHEDULE B: ON FEBRUARY 8, 2021, THE MUSEUM APPLIED FOR AND RECEIVED A FORGIVABLE LOAN OF $2,000,000 UNDER THE PAYCHECK PROTECTION PROGRAM AS PROVIDED UNDER THE FEDERAL CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY ACT (THE "CARES ACT"). UNDER THE TERMS OF THE AGREEMENT, THE BALANCE IS FORGIVABLE TO THE EXTENT THE PROCEEDS ARE USED FOR CERTAIN QUALIFIED COSTS FOR THE EIGHT WEEK PERIOD OF FEBRUARY 16, 2021 THROUGH APRIL 13, 2021 AND THAT CERTAIN EMPLOYMENT LEVELS ARE MAINTAINED. THROUGH JUNE 30, 2021, THE MUSEUM HAS USED ALL OF THE PROCEEDS FOR PAYROLL, THEREFORE THE ENTIRE LOAN AMOUNT HAS BEEN REPORTED AS REVENUE RATHER THAN AS A LOAN PAYABLE. THE MUSEUM RECEIVED FORMAL FORGIVENESS FOR THIS GRANT ON SEPTEMBER 20, 2021. THE MUSEUM DETERMINED IT WAS ELIGIBLE FOR THE EMPLOYEE RETENTION CREDIT (ERC) PROGRAM IN THE QUARTERS ENDED MARCH 31, 2021 AND JUNE 30, 2021. THE MUSEUM RECORDED ERC REVENUE ASSOCIATED WITH THIS PROGRAM IN THE AMOUNT OF $1,975,400 FOR THE YEAR ENDED JUNE 30, 2021. THIS AMOUNT HAD BEEN APPLIED FOR BUT HAD NOT BEEN RECEIVED AS OF JUNE 30, 2021. PHILLIPS JAMES DUNCAN TR UWILL BNY MELLON NA - PO BOX 185 PITTSBURGH PA 152300185 046061034 SUPPORT PEABODY ESSEX MUSEUM, INC. MA 501(C)(3) LINE 12D, III-O 0 CRUTS (2) CRUT MA PEABODY ESSEX MUSEUM INC 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0