THE JOSEF AND ANNI ALBERS FOUNDATION INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE JOSEF AND ANNI ALBERS FOUNDATION INC (EIN 23-7104223)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202113199349104241
- Schema version
- 2020v4.1
- 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-PF
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- General Explanation Attachment
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T12:32:46-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 061073221 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DONALD L PERLROTH & COMPANY CPAS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 STATE STREET C-1 | AddressLine1Txt |
| City | NORTH HAVEN | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 064732161 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237104223 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JOSEF AND ANNI ALBERS | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOSE | BusinessNameControlTxt |
| Phone | 2033934089 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 88 BEACON ROAD | AddressLine1Txt |
| City | BETHANY | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06524 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NICHOLAS F WEBER | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2033934083 | PhoneNum |
| Signature | 2021-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | NICHOLAS | PersonFirstNm |
| Person Last | WEBER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN D GORDON CPA | PreparerPersonNm |
| PTIN | P00168552 | PTIN |
| Phone | 2032810522 | PhoneNum |
| Preparation | 2021-11-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | 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-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $278,946,534 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $300 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $183,825 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $183,825 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $183,825 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $11,389,277 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $24,590,905 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Sales Less Ret And Allwnc | $22,033 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $4,101 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $17,932 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | $17,932 | GrossProfitAdjNetIncmAmt |
| Other Income Rev And Expnss | $197,235 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $138,969 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $197,235 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $11,788,569 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $322,794 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $398,992 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $413,419 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $11,396 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $11,796 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $401,623 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $1,900,604 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $87,500 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $87,500 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $1,806,104 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $679,291 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $36,222 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $36,222 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $628,796 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $113,017 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $113,017 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $42,239 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $38,277 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $665,958 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $60,525 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $60,525 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $605,433 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $155,854 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $15,131 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $16,834 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $136,470 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $136,296 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $348,891 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $338,210 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $110,097 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $110,218 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $27,228 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $23,957 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,195,521 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $4,288 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $684,121 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $5,788,415 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $210,774 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $217,165 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,886,226 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,396,681 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,391,181 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $8,185,096 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $210,774 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $217,165 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,277,407 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,603,473 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $112,020 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $181,827 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $660,881 | CashBOYAmt |
| Cash EOY | $691,713 | CashEOYAmt |
| Cash EOYFMV | $691,713 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $38,048 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,463,386 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,463,386 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $1,248,501 | AcctRcvblAmt |
| Acct Rcvbl BOY | $354,553 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $1,248,501 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,208,700 | AcctRcvblEOYFMVAmt |
| Inventories BOY | $2,322 | InventoriesBOYAmt |
| Inventories EOY | $2,322 | InventoriesEOYAmt |
| Inventories EOYFMV | $2,322 | InventoriesEOYFMVAmt |
| Prepaid Expenses BOY | $51,333 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $58,065 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $58,065 | PrepaidExpensesEOYFMVAmt |
| Other Investments BOY | $14,347,845 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $10,766,788 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $10,766,788 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $5,536,163 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,184,764 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,196,666 | LandBOYAmt |
| Land EOY | $3,351,399 | LandEOYAmt |
| Land EOYFMV | $3,351,399 | LandEOYFMVAmt |
| Other Assets BOY | $8,932,524 | OtherAssetsBOYAmt |
| Other Assets EOY | $10,221,248 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $257,404,161 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $27,584,172 | TotalAssetsBOYAmt |
| Total Assets EOY | $31,803,422 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $278,946,534 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $482,330 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $436,328 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $482,330 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $436,328 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $27,101,842 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $31,367,094 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $27,101,842 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $31,367,094 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $27,584,172 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $31,803,422 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $27,101,842 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,603,473 | ExcessRevenueOverExpensesAmt |
| Other Increases | $661,779 | OtherIncreasesAmt |
| Subtotal | $31,367,094 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $31,367,094 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| J P MORGAN CHASE-COVERED | P | $4,415,897 | $4,463,758 | -$47,861 | -$47,861 |
| J P MORGAN CHASE-COVERED | P | $5,130,448 | $5,269,047 | -$138,599 | -$138,599 |
| CAPITAL GAINS DIVIDENDS | P | $60,310 | $60,310 | $60,310 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$126,150 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$47,861 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,557 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,557 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,557 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $17,835 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $2,500 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $20,335 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $18,778 | OverpaymentAmt |
| Applied To ES Tax | $5,000 | AppliedToESTaxAmt |
| Refund | $13,778 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CT | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.ALBERSFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2033934089 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 88 BEACON ROAD | AddressLine1Txt |
| City | BETHANY | CityNm |
| State Abbreviation | CT | StateAbbreviationCd |
| ZIP | 06524 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (1) | ForeignAccountsQuestionInd |
| Foreign Country | FR | ForeignCountryCd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NICHOLAS WEBER | ||||||||||||
| 108 BEACON ROAD | BETHANY | CT | 06524 | EXEC DIRECTOR | 40.00 | $413,419 | $118,590 | $0 | ||||
| CHARLES KINGSLEY ESQ | ||||||||||||
| C/O WIGGIN DANA 265 CHURCH ST | NEW HAVEN | CT | 06508 | DIRECTOR/PRESIDENT | 1.00 | $0 | $0 | $0 | ||||
| CHARLOTTE FOX WEBER | ||||||||||||
| DIRECTOR/SECRETARY | 1.00 | $0 | $0 | $0 | 17 AVONDALE PARK GARDENS | LONDON | UK | W11 4PR | ||||
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| BRENDA DANILOWITZ | ||||||||
| 435 OAK VIEW DRIVE | ORANGE | CT | 06477 | CHIEF CURATOR | 40.00 | $246,434 | $64,238 | $0 |
| ANNE SISCO | ||||||||
| 33 N NABBY RD | DANBURY | CT | 06811 | OFFICE MANAGER | 40.00 | $181,250 | $77,812 | $0 |
| ALLEGRA N ITSOGA | ||||||||
| 101 LONG MEADOW RD | BETHLEHEM | CT | 06751 | PROGRAM DIRECTOR | 40.00 | $189,586 | $62,125 | $0 |
| JEANETTE REDENSEK | ||||||||
| 33 HARDING AVE | BRANFORD | CT | 06405 | RESEARCHER | 40.00 | $160,000 | $50,501 | $0 |
| JOHN DOYLE | ||||||||
| 35 RAINBOW RD | BETHANY | CT | 06534 | LAND AND FACILITIES | 40.00 | $145,000 | $48,707 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 9 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (4 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CountryForeignAddress/CountryCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | CityForeignAddress/CityNm |
|---|---|---|---|---|
| WILLEM VAN ROIJ | ||||
| BIESTERWEG 86 5615 AJ EINDHOVEN | NL | ADMINISTRATOR | $125,727 | |
| MATHIAS OCTAVIO PERSSON | ||||
| STOREGADE 35K 2TH 4780 | DA | ADMINISTRATOR | $116,000 | STEGE |
| BERNARD CORFA | ||||
| 82 RUE PERRONET NEUILLY SUR SEINE | FR | ADMINISTRATOR | $91,414 | |
| EDOUARD DETAILLE | ||||
| 3 RUE DANJOU 75008 | FR | ADMINISTRATOR | $57,079 | PARIS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | ART CONSERVATION AND PRESERVATION - CONSERVATION, PRESERVATION, AND SCHOLARLY RESEARCH AND STUDY OF ART, INCLUDING APPROXIMATELY 800 OIL PAINTINGS BY THE LATE JOSEF ALBERS AND THOUSANDS OF HIS OTHER WORKS, AS WELL AS ARCHIVAL MANAGEMENT OF HIS WRITINGS, PHOTOGRAPHS AND OTHER RELATED MATERIALS; AND VARIOUS WEAVINGS AND TEXTILE MATERIALS AND PRINTS BY THE LATE ANNI ALBERS. IN PARTICULAR, THE FOUNDATION HAS CONTINUED ITS CONSERVATION WORK ON TORAH PANELS MADE BY ANNI ALBERS FOR A SYNAGOGUE IN WOONSOCKET, RHODE ISLAND. THE FOUNDATION PERFORMS THIS WORK PRIMARILY AT FARMAN, ITS MAIN GALLERY AND BUILDING, AND AT TRUNK, ITS NEW BUILDING TO HOUSE JOSEF'S FURNITURE AND OTHER MATERIALS IN BETHANY. | Description1Txt |
| Expenses1 | $670,625 | Expenses1Amt |
| Description2 | EXHIBITIONS - PREPARATION AND ORGANIZATION OF VARIOUS EXHIBITIONS OF ART BY JOSEF ALBERS AND ANNI ALBERS, INCLUDING: (1) A MAJOR RETROSPECTIVE OF ANNI AND JOSEF ALBERS'S IN COMBINATION ART THAT WILL OPEN IN 2021 AT THE MUSE D'ART MODERNE DE LA VILLE DE PARIS; (2) WORK ON DOCUMENTARY FILMS, MEDIA INTERVIEWS, AND EDUCATIONAL PROGRAMS RELATED TO THIS EXHIBITION; (3) CONTINUED EXPLORATION OF POSSIBLE TRAVEL OF THIS SHOW, WITH SUCCESS IN THE CASE OF THE MUSEUM OF MODERN ART IN VALENCIA, SPAIN; (4) LOANS OF ARTWORKS FROM THE ALBERS FOUNDATION AND FROM PUBLIC INSTITUTIONS, TO VARIOUS EXHIBITIONS WORLDWIDE, INCLUDING ONE DEVOTED TO "ABSTRACTION BY WOMEN" AT THE CENTRE GEORGES POMPIDOU IN PARIS; (5) EXPLORATION OF POSSIBLE EXHIBITIONS IN ASIA AND LATIN AMERICA AND RUSSIA; (6) THE ALBERS/MONDAVI EXHIBITION TO BE HELD IN NEW YORK WITH DAVID ZWIRNER GALLERY, ALONG WITH OTHER POSSIBLE EXHIBITIONS IN NEW YORK AND HONG KONG. | Description2Txt |
| Expenses2 | $1,579,037 | Expenses2Amt |
| Description3 | MISCELLANEOUS ACTIVITIES - OTHER ACTIVITIES INCLUDE: (1) WORK ON A RANGE OF PUBLICATIONS CONCERNING THE ART OF BOTH JOSEF AND ANNI ALBERS, INCLUDING A NEW BILINGUAL EDITION OF POEMS AND DRAWINGS, ANNI & JOSEF ALBERS / EQUAL AND UNEQUAL (PHAIDON PUBLISHERS, WITH A FRENCH EDITION AS WELL AS AN ENGLISH LANGUAGE ONE,) VARIOUS FOREIGN EDITIONS OF INTERACTION OF COLOR; AND FRENCH EDITIONS OF ANNI ALBERS'S ON WEAVING AND COLLECTED ESSAYS, ALL OF THESE TO BE PUBLISHED IN 2021; (2) CONTINUED EFFORTS TO ADDRESS THE MATTER OF FORGERIES OF PAINTINGS BY JOSEF ALBERS, REQUIRING COURT APPEARANCES INTERNATIONALLY; (3) MANAGEMENT OF A VISITING ARTIST PROGRAM IN OUR GUEST STUDIOS IN CONNECTICUT, SENEGAL, AND IRELAND; (4) WORK ON A RANGE OF PUBLICATIONS, INCLUDING A BIOGRAPHY OF ALBERS'S FRIEND PIET MONDRIAN; (5) CONTINUED DEVELOPMENT OF FACILITIES IDEAL FOR THE PRESERVATION OF OUR COLLECTION, MAINTENANCE OF OUR ARCHIVES, AND EXPANSION OF OUR ACTIVITIES AT OUR HEADQUARTERS IN BETHANY, CONNECTICUT. | Description3Txt |
| Expenses3 | $375,893 | Expenses3Amt |
| Description4 | ACTIVITIES IN SENEGAL - COLLABORATION WITH AMERICAN FRIENDS OF LE KORSA AND FUNDING IN SUPPORT OF THEIR CHARITABLE WORK, INCLUDING: (1) OPERATION OF A "THREAD"(A CULTURAL CENTER THAT THE FOUNDATION HELPED BUILD), (2) MEDICAL FACILITIES AND HEALTH PROGRAMS; (3) EDUCATIONAL FACILITIES AND PROGRAMS, AND (4) AGRICULTURAL DEVELOPMENT. | Description4Txt |
| Expenses4 | $1,084,385 | Expenses4Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $15,208,018 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $684,772 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,892,790 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,892,790 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $238,392 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $15,654,398 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $782,720 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $7,277,407 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $1,168,827 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $8,446,234 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $8,446,234 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2014-01-01 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $181,827 | CurrentYearAmt |
| Year1 | $343,023 | Year1Amt |
| Year2 | $375,437 | Year2Amt |
| Year3 | $427,551 | Year3Amt |
| Total | $1,327,838 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $154,553 | CurrentYearAmt |
| Year1 | $291,570 | Year1Amt |
| Year2 | $319,121 | Year2Amt |
| Year3 | $363,418 | Year3Amt |
| Total | $1,128,662 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $8,446,234 | CurrentYearAmt |
| Year1 | $9,616,637 | Year1Amt |
| Year2 | $6,394,176 | Year2Amt |
| Year3 | $7,546,603 | Year3Amt |
| Total | $32,003,650 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,391,181 | CurrentYearAmt |
| Year1 | $2,907,055 | Year1Amt |
| Year2 | $1,870,697 | Year2Amt |
| Year3 | $1,900,513 | Year3Amt |
| Total | $9,069,446 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $6,055,053 | CurrentYearAmt |
| Year1 | $6,709,582 | Year1Amt |
| Year2 | $4,523,479 | Year2Amt |
| Year3 | $5,646,090 | Year3Amt |
| Total | $22,934,204 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $521,813 | CurrentYearAmt |
| Year1 | $499,245 | Year1Amt |
| Year2 | $368,264 | Year2Amt |
| Year3 | $285,034 | Year3Amt |
| Total | $1,674,356 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (24 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AMAS MUSICAL THEATRE | |||||||||||
| 257 WEST 52ND STREET | NEW YORK | NY | 10019 | N/A | PC | GENERAL DONATION | $5,000 | ||||
| AMERICAN FRIENDS OF LE KORSA INC | |||||||||||
| 88 BEACON ROAD | BETHANY | CT | 06524 | N/A | PC | GENERAL DONATION | $2,065,348 | ||||
| ARTS COUNCIL OF GREATER NEW HAVEN | |||||||||||
| 70 AUDUBON ST | NEW HAVEN | CT | 06510 | N/A | PC | GENERAL DONATION | $15,000 | ||||
| OUTWARD BOUND USA | |||||||||||
| 1133 ROUTE 55 | LAGRANGEVILLE | NY | 12540 | N/A | PC | GENERAL DONATION | $6,181 | ||||
| BELLEVUE LITERARY PRESS | |||||||||||
| 550 FIRST AVENUE OBV A612 | NEW YORK | NY | 10016 | N/A | PC | GENERAL DONATION | $29,000 | ||||
| BLACK LIVES MATTER GLOBAL NETWORK | |||||||||||
| THOUSAND CURRENTS PO BOX 10920 | OAKLAND | CA | 94610 | N/A | PC | GENERAL DONATION | $10,000 | ||||
| INTL FOUNDATION FOR ART RESEARCH | |||||||||||
| 500 FIFTH AVENUE SUITE 935 | NEW YORK | NY | 10110 | N/A | PC | GENERAL DONATION | $1,500 | ||||
| LONG WHARF THEATRE | |||||||||||
| 222 SARGENT DRIVE | NEW HAVEN | CT | 06511 | N/A | PC | GENERAL DONATION | $50,000 | ||||
| LOOMIS CHAFFEE SCHOOL | |||||||||||
| 4 BATCHELDER ROAD | WINDSOR | CT | 06095 | N/A | PC | GENERAL DONATIONGENEAL DONATIONGENERAL DONATION | $25,000 | ||||
| OPEN SOURCE GALLERY INC | |||||||||||
| 306 17TH STREET | BROOKLYN | NY | 11215 | N/A | PC | GENERAL DONATION | $20,000 | ||||
| PUBLICOLOR | |||||||||||
| 20 WEST 36TH STREET | NEW YORK | NY | 10018 | N/A | PC | GENERAL DONATION | $65,000 | ||||
| THE CLASSICAL THEATRE OF HARLEM | |||||||||||
| 8 W 126 ST 3RD FLOOR | NEW YORK | NY | 10027 | N/A | PC | GENERAL DONATION | $10,000 | ||||
| WSHUSACRED HEART UNIVERSITY | |||||||||||
| 5151 PARK AVENUE | FAIRFIELD | CT | 06825 | N/A | PC | GENERAL DONATION | $10,000 | ||||
| NAACPACTBLUE | |||||||||||
| P O BOX 441146 | SOMERVILLE | MA | 02144 | N/A | PC | GENERAL DONATION | $10,000 | ||||
| NEW HAVEN LAWN CLUB EMPLOYEE ASSISTANCE FUND | |||||||||||
| 193 WHITNEY AVE | NEW HAVEN | CT | 06511 | N/A | PC | GENERAL DONATION | $1,100 | ||||
| THE NORMAN S IVES FOUNDATION | |||||||||||
| 5075 GRUNDY WAY | DOYLESTOWN | PA | 18902 | N/A | PC | GENERAL DONATION | $20,000 | ||||
| COUNCIL ON AMERICAN-ISLAMIC RELATIONS | |||||||||||
| 46-01 20TH AVE | ASTORIA | NY | 11105 | N/A | PC | GENERAL DONATION | $1,000 | ||||
| ELI WHITNEY MUSEUM | |||||||||||
| 915 WHITNEY AVENUE | HAMDEN | CT | 06517 | N/A | PC | GENERAL DONATION | $5,000 | ||||
| GLUCKSMAN GALLERY AT UNIV OF COLLEGE CORK | |||||||||||
| N/A | PC | GENERAL DONATION | $20,000 | COLLEGE ROAD | CORK | IRELAND | EI | ||||
| THE ALDRICH CONTEMPORARY ART MUSEUM | |||||||||||
| 258 MAIN STREET | RIDGEFIELD | CT | 06877 | N/A | PC | GENERAL DONATION | $10,000 | ||||
| MUSEUM OF THE CITY OF NY | |||||||||||
| 1220 5TH AVEUE | NEW YORK | NY | 10029 | N/A | PC | GENERAL DONATION | $1,000 | ||||
| INTL AFRICAN AMERICAN MUSEUM | |||||||||||
| 113 CALHOUN STREET | CHARLESTON | SC | 29401 | N/A | PC | GENERAL DONATION | $1,000 | ||||
| REHEARSAL FOR LIFE | |||||||||||
| 670 CENTRE STREET SUITE 8 | JAMAICA PLAIN | MA | 02130 | N/A | PC | GENERAL DONATION | $10,052 | ||||
| THE GLASS HOUSE | |||||||||||
| 199 ELM STREET | NEW CANAAN | CT | 06840 | N/A | PC | ART DONATION | $5,500 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,396,681 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $183,825 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$126,150 | ExclusionAmt |
| Related Or Exempt Function Incm | $11,515,427 | RelatedOrExemptFunctionIncmAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $17,932 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|
| ROYALTIES | 15 | $138,969 | |
| AUTHENTICATION FEES | $10,000 | ||
| ARTIST RESIDENCY FEE | $5,690 | ||
| REPRODUCTION FEES | 15 | $42,576 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $239,220 | ExclusionAmt |
| Related Or Exempt Function Incm | $11,549,049 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $11,788,269 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (6 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 10 | NOVELTY ITEMS SOLD TO MUSEUM SHOPS FOR RESALE ILLUSTRATING CONCEPTS OF |
| 10 | ART, SPACE AND DESIGN IN KEEPING WITH THE WORKS OF JOSEF AND ANNI |
| 10 | ALBERS. |
| 11B | REIMBURED COSTS OF ENSURING THAT FAKES DO NOT DEBASE PRINCIPLES OF ART |
| 11B | ASPIRED TO BY JOSEF ALBERS IN HIS WORKS. |
| 11D | PARTIALLY REIMBURSE THE COST OF HOUSING OF THE RESIDENT ARTISTS |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING AND TAX SERVICES | CategoryTxt |
| Amt | $42,239 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $38,277 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Basis MethodBasisMethodTxt | Sales ExpenseSalesExpenseAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| DAVID ZWIRNER GALLEY | ||||||
| ART BY JOSEF & ANNI ALBERS | DONATED | $14,795,500 | $38,500 | COST | $3,279,500 | $11,477,500 |
| CRISTEA ROBERTS GALLEY | ||||||
| ART BY JOSEF & ANNI ALBERS | DONATED | $188,750 | $1,163 | COST | $149,660 | $37,927 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | RECONCILIATION OF CHARITABLE DISTRIBUTIONS: | IdentifierTxt |
| Form And Line Reference | FORM 990, PAGE 1, LINE 25, COL D | FormAndLineReferenceDesc |
| Medium Explanation | CHARITABLE DISTRIBUTIONS OF ART IN THE AMOUNT OF $5,500 ARE EXCLUDED FROM COLUMN D BECAUSE THEY WERE ALREADY USED FOR CHARITABLE PURPOSES. | MediumExplanationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESTMENTS - FUNDS | FMV | $10,666,798 | $10,666,798 |
| INVESTMENT - GROOVE | AT COST | $99,990 | $99,990 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $113,017 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $113,017 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (7 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ART - JOSEF ALBERS | $5,084,188 | $6,100,069 | $224,496,000 |
| ART - ANNI ALBERS | $2,196,668 | $2,306,618 | $31,093,600 |
| FILM ON LIFE OF ANNI ALBERS | $2,000 | $2,000 | $2,000 |
| FILMS AND DOCUMENTARIES | $330,939 | $330,939 | $330,939 |
| ART - PRECOLUMBIAN | $42,500 | $42,500 | $42,500 |
| ART - OTHERS | $1,234,243 | $1,397,136 | $1,397,136 |
| ESCROW PARIS APARTMENT | $41,986 | $41,986 | $41,986 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (25 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ALBERSSHOP EXPENSES | $3,635 | $0 | $3,635 | $3,635 |
| AUTHENTICATION | $653 | $0 | $653 | $653 |
| OFFICE SUPPLIES & POSTAGE | $16,498 | $0 | $0 | $19,242 |
| BOOK PROGRAMS | $97,408 | $0 | $0 | $75,899 |
| MISCELLANEOUS | $14,149 | $0 | $0 | $17,186 |
| INSURANCE | $60,508 | $0 | $0 | $82,587 |
| DUES AND SUBSCRIPTIONS | $11,701 | $0 | $0 | $12,650 |
| BANK CHARGES AND FEES | $11,828 | $0 | $0 | $11,648 |
| RESEARCH | $6,105 | $0 | $0 | $6,303 |
| CONSERVATION AND RESTORATION | $25,611 | $0 | $0 | $25,611 |
| EXHIBITIONS | $29,936 | $0 | $0 | $32,843 |
| SHIPPING & STORAGE | $40,887 | $0 | $0 | $40,504 |
| TECHNOLOGY APPLICATIONS | $37,539 | $0 | $0 | $42,564 |
| EDUCATION | $2,591 | $0 | $0 | $2,591 |
| DEVELOPMENT | $27,781 | $0 | $0 | $29,913 |
| SECURITY | $9,653 | $0 | $0 | $9,855 |
| INTERNSHIP PAYMENTS | $36,832 | $0 | $0 | $35,732 |
| TRANSLATING SERVICE | $3,650 | $0 | $0 | $3,650 |
| WEBSITE | $29,446 | $0 | $0 | $32,446 |
| PHOTOGRAPHY | $28,039 | $0 | $0 | $28,039 |
| MEALS | $9,841 | $0 | $0 | $10,430 |
| THREAD PROGRAM EXPENSE | $147,497 | $0 | $0 | $147,497 |
| AUTOMOTIVE EXPENSES | $11,177 | $0 | $0 | $11,716 |
| LOSS ON COMPUTER DISPOSAL | $927 | $0 | $0 | $927 |
| FRENCH PAYROLL EXPENSE | $531,629 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ROYALTIES | $138,969 | $138,969 | $138,969 |
| AUTHENTICATION FEES | $10,000 | $10,000 | |
| ARTIST RESIDENCY FEE | $5,690 | $5,690 | |
| REPRODUCTION FEES | $42,576 | $42,576 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| BOOK/TAX DEPRECIATION | $4,734 |
| INCREASE IN MARKET VALUE - INVESTMENTS | $651,891 |
| APPRECIATION ON DONATED NON CASH ITEMS | $5,150 |
| ROUNDING | $4 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OUTSIDE SERVICES | $399,210 | $0 | $0 | $399,210 |
| INVESTMENT MANAGEMENT FEES | $60,525 | $60,525 | $60,525 | $0 |
| PUBLIC RELATIONS | $206,223 | $0 | $0 | $206,223 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PAYROLL TAXES | $148,568 | $10,395 | $12,098 | $136,470 |
| EXCISE TAX | $1,550 | $0 | $0 | $0 |
| FEDERAL TAX | $1,000 | $0 | $0 | $0 |
| FOREIGN TAX | $4,736 | $4,736 | $4,736 | $0 |
Comments