2022-11-15T17:58:54-06:00 2021-12-31 133597814 SKODY SCOT & CO CPAS PC 520 EIGHTH AVE SUITE 2200 NEW YORK NY 10018 990 2021-01-01 450573269 MAGNUM CULTURAL FOUNDATION MAGN 2122191248 59 EAST 4TH STREET 7W NEW YORK NY 10003 KRISTEN LUBBEN EXECUTIVE DIRECTOR 2122191248 2022-11-15 1 KRISTEN LUBBEN 999009999 WILLIAM SKODY P00631754 2129671100 2022-11-15 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z KRISTEN LUBBEN 59 EAST 4TH STREET 7W NEW YORK NY 10003 2206015 0 X MAGNUMFOUNDATION.ORG X 2007 DE MENTOR THE NEXT GENERATION OF PHOTOGRAPHERS AND HAVE IMPACT ON HISTORICAL/CONTEMPORARY PHOTOGRAPHY 16 14 8 17 0 0 1023468 2035781 20547 92134 3157 12187 0 0 1047172 2140102 171410 183743 0 0 495046 454055 61600 71552 189910 379382 350555 1107438 1059905 -60266 1080197 2814068 3963753 184971 254459 2629097 3709294 TO SUPPORT, TRAIN, AND MENTOR THE NEXT GENERATION OF PHOTOGRAPHERS AND TO INCREASE THE IMPACT OF BOTH HISTORICAL AND CONTEMPORARY DOCUMENTARY PHOTOGRAPHY IN THE DIGITAL AGE. 0 0 654608 183743 92134 MAJOR PROGRAM SERVICES INCLUDE: PROVIDING FINANCIAL SUPPORT TO PHOTOGRAPHERS TO DOCUMENT ISSUES OF LOCAL, NATIONAL, OR GLOBAL CONCERN BEFORE THEY REACH CRISIS PROPORTIONS, WITH A FOCUS ON SUBJECTS THAT HAVE NOT RECEIVED THE ATTENTION THEY DESERVE; INCREASING THE IMPACT OF DOCUMENTARY PHOTOGRAPHY BY CONNECTING PHOTOGRAPHERS AND THEIR WORK WITH NONPROFIT ORGANIZATIONS AND INDIVIDUALS COMMITTED TO SOCIAL CHANGE; TRAINING THE NEXT GENERATION OF IMAGE-MAKERS AND GIVING AWARDS TO OUTSTANDING YOUNG PHOTOGRAPHERS COMMITTED TO DOCUMENTARY WORK; AND PRESERVING AND MAKING ACCESSIBLE SIGNIFICANT DOCUMENTARY COLLECTIONS. 654608 1 1 0 0 0 0 0 1 0 0 1 0 0 1 1 0 1 0 0 0 1 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 30 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 NY X THE ORGANIZATION 2122191248 59 EAST 4TH STREET 7W NEW YORK NY 10003 SUSAN MEISELAS PRESIDENT 20.00 X X 0 0 0 CLAIRE DAVIS TREASURER 0.50 X X 0 0 0 ALICE SACHS ZIMET DIRECTOR 0.50 X 0 0 0 JIM GOLDBERG DIRECTOR 0.50 X 0 0 0 JONATHAN KARTT DIRECTOR 0.50 X 0 0 0 CATHERINE MUTHER DIRECTOR 0.50 X 0 0 0 ORVILLE SCHELL DIRECTOR 0.50 X 0 0 0 PETER VAN AGTMAEL DIRECTOR 0.50 X 0 0 0 LISA GARRISON DIRECTOR 0.50 X 0 0 0 MARK JACKSON DIRECTOR 0.50 X 0 0 0 ELLIS REED DIRECTOR 0.50 X 0 0 0 CYNTHIA YOUNG-EBERSTADT DIRECTOR 0.50 X 0 0 0 PAMELA CHEN DIRECTOR 0.50 X 0 0 0 NEWSHA TAVAKOLIAN DIRECTOR 0.50 X 6000 0 0 SOHRAB HURA DIRECTOR 0.50 X 6000 0 0 DIANA COHN DIRECTOR 0.50 X 0 0 0 KRISTEN LUBBEN EXECUTIVE DIRECTOR 40.00 X 125000 0 4375 137000 0 4375 1 0 0 0 0 293635 1742146 47212 2035781 PROGRAM SERVICE INCOME 900099 92134 92134 92134 399 399 77701 65913 11788 11788 11788 2140102 92134 0 12187 X 20422 20422 72300 72300 91021 91021 146380 77030 35922 33428 254239 123139 65862 65238 7462 3518 3842 102 13395 8366 4889 140 32579 15683 8946 7950 13000 13000 71552 71552 254240 197558 52202 4480 40077 13624 20941 5512 2183 2183 12184 7546 4260 378 128 128 3858 2722 768 368 7922 5583 1577 762 STORAGE FEES 15982 15982 CATERERS 981 114 867 1059905 654608 215387 189910 1084782 1506361 878971 879144 528304 704908 40000 7480 4487 649256 76314 36770 572942 55664 36964 222097 218947 2814068 3963753 57286 48209 39000 88685 206250 184971 254459 X 1493618 2732778 1135479 976516 2629097 3709294 2814068 3963753 1080197 0 X X 0 1 X 1 0 X 1262943 1122533 2114859 1023468 2035781 7559584 1262943 1122533 2114859 1023468 2035781 7559584 2778523 4781061 232 474 702 28117 12187 41712 7601296 238811 0.62900 0.59500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 218947 X 0 566800 566800 76212 72485 3727 6244 3829 2415 572942 PRINT COLLECTION 218947 218947 CAPITAL CONTRIBUTION PAYABLE 206250 206250 2145102 5000 5000 2140102 0 2140102 1064905 5000 5000 1059905 0 1059905 0 EAST ASIA AND THE PACIFIC 0 3 GRANTS, PROFESSIONAL FEES PHOTOGRAPHY & SOCIAL JUSTICE, FELLOWSHIPS, EAST ASIA FELLOWSHIP 11010 EUROPE (INCLUDING ICELAND & GREENLAND) 0 13 GRANTS, PROFESSIONAL FEES PHOTOGRAPHY & SOCIAL JUSTICE, GLOBAL COVID PROJECTS, EAST ASIA FELLOWSHIP, LABS & WORKSHOPS 49735 MIDDLE EAST AND NORTH AFRICA 0 1 GRANTS PHOTOGRAPHY & SOCIAL JUSTICE 4650 NORTH AMERICA 0 2 PROFESSIONAL FEES ARCHIVE, PHOTOGRAPHY & SOCIAL JUSTICE 660 SOUTH AMERICA 0 6 GRANTS, PROFESSIONAL FEES PHOTOGRAPHY & SOCIAL JUSTICE, PHOTOGRAPHY COLLABORATION, FELLOWSHIP REVIEW, ACUMEN PHOTOGRAPHY ASSIGNMENTS, GLOBAL COVID PROJECTS, INGE MORATH AWARD 29730 SOUTH ASIA 0 10 GRANTS, PROFESSIONAL FEES PHOTOGRAPHY & SOCIAL JUSTICE, ACUMEN PHOTOGRAPHY ASSIGNMENTS, LUCE ON RELIGION, PHOTO LICENSING FEES 30180 SUB-SAHARAN AFRICA 0 6 GRANTS, PROFESSIONAL FEES PHOTOGRAPHY & SOCIAL JUSTICE, ACUMEN PHOTOGRAPHY ASSIGNMENTS, GLOBAL COVID PROJECTS 15566 0 41 0 0 0 41 141531 0 141531 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM PRESERVATION OF DOCUMENTARY PHOTOGRAPHY 10000 0 1 MAGNUM FOUNDATION FUND GRANT SOUTH AMERICA 2 7200 WIRE MAGNUM FOUNDATION FUND GRANT SOUTH ASIA 1 1000 WIRE PHOTOGRAPHY & SOCIAL JUSTICE GRANT EAST ASIA AND THE PACIFIC 1 4010 WIRE PHOTOGRAPHY & SOCIAL JUSTICE GRANT EUROPE (INCLUDING ICELAND & GREENLAND) 1 4000 WIRE PHOTOGRAPHY & SOCIAL JUSTICE GRANT MIDDLE EAST AND NORTH AFRICA 1 4650 WIRE PHOTOGRAPHY & SOCIAL JUSTICE GRANT SOUTH AMERICA 3 12680 WIRE PHOTOGRAPHY & SOCIAL JUSTICE GRANT SOUTH ASIA 6 20380 WIRE PHOTOGRAPHY & SOCIAL JUSTICE GRANT SUB-SAHARAN AFRICA 1 6416 WIRE FISCAL SPONSORSHIP EUROPE (INCLUDING ICELAND & GREENLAND) 1 8235 WIRE GLOBAL COVID PROJECTS GRANT EUROPE (INCLUDING ICELAND & GREENLAND) 1 2000 WIRE GLOBAL COVID PROJECTS GRANT, MAGNUM FOUNDATION GRANT SUB-SAHARAN AFRICA 1 4700 WIRE GLOBAL COVID PROJECTS, INGE MORATH AWARD SOUTH AMERICA 1 5750 WIRE 0 0 0 0 0 0 PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF THE GRANT FUNDS. PART III ACCOUNTING METHOD: X X X X X 1 ADVANCE NYC INC 226 TULIP AVENUE FLORAL PARK NY 11001 FUNDRAISING COUNSEL 0 0 71552 -71552 71552 -71552 NY 1 UNCOMMON PRODUCTIONS LLC 20 JAY STREET 207 BROOKLYN NY 11201 275305588 17622 0 EAST ASIA FELLOWSHIP 1 MAGNUM FOUNDATION FUND GRANTS 3 13100 FISCAL SPONSORSHIP GRANTS 3 48950 MAGNUM FOUNDATION FELLOWSHIPS 1 6000 HONORARIUM 1 250 PHOTOGRAPHY & SOCIAL JUSTICE GRANT 1 4000 PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF THE GRANT FUNDS. X 3 47212 FMV 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THAT THE PRESIDENT, EXECUTIVE DIRECTOR, AND A BOARD MEMBER REVIEWED THE RETURNS, AND THEN CIRCULATED THE RETURN TO THE ENTIRE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORING KNOWN RELATIONSHIPS, QUESTIONNAIRES, AND NOTING ANY CHANGES IN DISCLOSED INFORMATION. ANY CONFLICT IS REVIEWED BY THE BOARD BEFORE A DECISION IS MADE AS TO WHETHER TO APPROVE THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 COMPARED SALARIES OF COMPARABLE ORGANIZATIONS AND ORGANIZATIONS OF SIMILAR SIZE TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OUTSIDE CONTRACTORS: PROGRAM SERVICE EXPENSES 197,558. MANAGEMENT AND GENERAL EXPENSES 52,202. FUNDRAISING EXPENSES 4,480. TOTAL EXPENSES 254,240. FORM 990. PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.