2021-05-14T11:46:07-05:00 2020-06-30 260524215 COMPASS ASSOCIATES LLC 3362 S HALSTED ST CHICAGO IL 606086742 990 2019-07-01 363225519 NATIONAL MUSEUM OF MEXICAN ART FKA MEXICAN FINE ARTS CENTER MUSEUM NATI 3127381503 1852 WEST 19TH STREET CHICAGO IL 60608 CARLOS TORTOLERO PRESIDENT 3127381503 2021-05-13 true MARTIN SANDOVAL CPA P00510962 7738474300 2021-05-14 2019 2022-09-23 18:48:47Z CARLOS TORTOLERO 1852 W 19TH STREET 1852 W 19TH STREET CHICAGO IL 60608 5046312 false X WWW.NATIONALMUSEUMOFMEXICANART.ORG X 1982 IL PROMOTION OF MEXICAN ART 39 38 59 50 0 3715667 4227187 218458 205892 36567 33952 192062 55422 4162754 4522453 28600 0 0 2350868 2375347 0 370968 2152140 2032560 4531608 4407907 -368854 114546 6331990 6600728 1403208 1578740 4928782 5021988 PROMOTION OF MEXICAN ART false false 3383516 SPONSOR SPECIAL EVENTS AND EXHIBITS THAT EXEMPLIFY THE VISUAL AND PERFORMING ARTS FOUND IN THE MEXICAN CULTURE, DEVELOP AND CONSERVE A SIGNIFICANT PERMANENT COLLECTION OF MEXICAN ART, TO ENCOURAGE THE PROFESSIONAL DEVELOPMENT OF MEXICAN-AMERICAN ARTISTS AND OFFER ARTS EDUCATION PROGRAMS. 3383516 true true false false false false false true false false true false false false false true false true false false false false false false true false false false false true false false false false false false false false false true false false true false false false false true 95 0 true 59 true false false false false false true true false false false false false false false false X 39 38 false false false false false false false true true false false true true true true true true true false false IL X X CARLOS TORTOLERO 3127381503 1852 W 19TH STREET 1852 W 19TH STREET CHICAGO IL 60608 CARLOS CARDENAS BD CHAIRMAN 2.00 X X 0 0 0 SALLY NIETO BD VICE CHAI 2.00 X X 0 0 0 JOSEPH LUNA BD TREASURER 1.00 X X 0 0 0 ELIZABETH LOPEZ BD SECRETARY 1.00 X X 0 0 0 DOUGLAS DOETSCH TRUSTEE 1.00 X X 0 0 0 ALMA VELASQUEZ TRUSTEE 1.00 X 0 0 0 CARLOS TORTOLERO PRESIDENT 40.00 X 185000 0 22445 RITA L KNOX TRUSTEE 0.25 X 0 0 0 JOSE LUIS PRADO TRUSTEE 0.25 X 0 0 0 MANUEL MEDINA TRUSTEE 0.25 X 0 0 0 EDWARD R CASAS TRUSTEE 0.25 X 0 0 0 MARTIN R CASTRO TRUSTEE 0.25 X 0 0 0 RAMON CEPEDA TRUSTEE 0.25 X 0 0 0 GERY CHICO TRUSTEE 0.25 X 0 0 0 EDITH DIAZ TRUSTEE 0.25 X 0 0 0 JESSICA ESTRELLA TRUSTEE 0.25 X 0 0 0 PHILIP FUENTES TRUSTEE 0.25 X 0 0 0 RUDY GONZALEZ TRUSTEE 0.25 X 0 0 0 NICOLAS GUZMAN TRUSTEE 0.25 X 0 0 0 STUART HANDLER TRUSTEE 0.25 X 0 0 0 ANTHONY HODES TRUSTEE 0.25 X 0 0 0 DOUGLAS LEVY TRUSTEE 0.25 X 0 0 0 ROGELIO LOPEZ TRUSTEE 0.25 X 0 0 0 DAVID OLIVENCIA TRUSTEE 0.25 X 0 0 0 CAROL MCKINNON TRUSTEE 0.25 X 0 0 0 JUAN GABRIEL MORENO TRUSTEE 0.25 X 0 0 0 MIGUEL NOYOLA TRUSTEE 0.25 X 0 0 0 DIANA PALOMAR TRUSTEE 0.25 X 0 0 0 FRANCISCO PASTOR TRUSTEE 0.25 X 0 0 0 VONITA REESCER TRUSTEE 0.25 X 0 0 0 ANTONIO ROBLEDO TRUSTEE 0.25 X 0 0 0 ROBERT RODRIGUEZ TRUSTEE 0.25 X 0 0 0 EVE RODRIGUEZ MONTOYA TRUSTEE 0.25 X 0 0 0 SERGIO SUAREZ TRUSTEE 0.25 X 0 0 0 YOLANDA STEMER TRUSTEE 0.25 X 0 0 0 ROBERTO VALENCIA TRUSTEE 0.25 X 0 0 0 MARTA CERDA TRUSTEE 0.25 X 0 0 0 HOURI H SHAFRIE TRUSTEE 0.25 X 0 0 0 GREG FIRESTONE TRUSTEE 0.25 X 0 0 0 185000 22445 1 false true false 24205 40000 2131268 2031714 4227187 PROGRAM FEES 205892 205892 205892 33952 33952 23804 40000 19636 4168 4168 555477 504223 51254 51254 4522453 295266 185000 96007 24182 64811 1853696 1397758 250611 205327 183187 129259 44275 9653 153464 113540 20462 19462 30950 30950 120914 28526 68835 23553 11306 1764 330 9212 73048 38978 24959 9111 46723 40097 5677 949 235375 212780 19761 2834 7538 3588 3476 474 63976 25922 31192 6862 52025 24144 27310 571 414770 353091 53669 8010 81949 58837 21171 1941 EXHIBITS/PROGRAMMING 1066815 1066815 OTHER EXPENSES 47969 25342 16135 6492 MUSEUM GROUP EXPENSES 10403 10403 STORE SUPPLIES 9809 9809 -241010 -242741 25 1706 4407907 3383516 653423 370968 474954 388230 688878 532414 161716 241176 51369 136140 12936236 8607518 4584684 4328718 370389 974050 6331990 6600728 417776 342518 410432 309522 575000 926700 1403208 1578740 X 3805233 3530831 1123549 1491157 4928782 5021988 6331990 6600728 X 114546 -21340 X false true X true false X 3021130 3491691 4553408 3715667 4227187 19009083 3021130 3491691 4553408 3715667 4227187 19009083 19009083 28163 29274 31252 36567 33952 159208 1186475 963401 986100 1160558 785173 5081707 24249998 0.78390 0.77440 X PART II, LINE 10 OTHER INCOME 4,296,534 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 47925 47925 12713811 8607518 4106293 174500 174500 4328718 X 4799071 32200 32200 4766871 -244418 -244418 4522453 4705865 32200 21340 53540 4652325 -244418 -244418 4407907 SCHEDULE D, PAGE 2, PART III, LINE 4 SIGNIFICANT COLLECTION ITEMS ARE HELD FOR EDUCATION, RESEARCH AND CURATORIAL PURPOSES. THE ITEMS ARE CATALOGUED, PRESERVED AND CARED FOR; WHILE ACTIVITIES VERIFYING EXISTENCE AND ASSESSING CONDITION ARE PERFORMED CONTINUOUSLY. A PORTION OF THE COLLECTION IS FEATURED ON A ROTATIONAL BASIS IN THE MUSEUM'S GENERAL COLLECTION EXHIBIT WHICH IS OPEN FOR PUBLIC VIEWING. IN ACCORDANCE WITH PRACTICES GENERALLY FOLLOWED BY MUSEUMS, THE VALUE OF THE OBJECTS IN THE COLLECTION IS EXCLUDED FROM THE FINANCIAL STATEMENTS. THE COLLECTION HAS BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT RESTRICTIONS IN THE YEAR THE ITEMS ARE ACQUIRED OR AS DECREASES IN NET ASSETS WITH RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN NET ASSETS. THERE WERE NO SALES OF COLLECTION ITEMS IN FISCAL 2020. SCHEDULE D, PAGE 3, PART X THE NMMA IS EXEMPT FROM INCOME TAX UNDER PROVISIONS OF IRC SECTION 501(C)3. U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE NMMA AND RECOGNIZE A TAX LIABILITY IF THE NMMA HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE NMMA AND HAS CONCLUDED THAT AS OF JUNE 30, 2020, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS OR FORM 990. THIS NMMA IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. SCHEDULE D, PAGE 4, PART XI, LINE 4B OH ALLOC. TO COST OF SALES -244,418 SCHEDULE D, PAGE 4, PART XII, LINE 2D WRITE-OFF OF UNCOLLECTIBLE RECEIVABLES 5,671 COLLECTION ACQUISITIONS 15,669 SCHEDULE D, PAGE 4, PART XII, LINE 4B OH ALLOC TO COST OF SALES -244,418 DOD BALL 63804 40000 23804 19636 63804 40000 23804 19636 19636 4168 X X false false false false false false false false false CARLOS TORTOLERO PRESIDENT 185000 22445 207445 SCHEDULE J, PART III MS. ALMA VELASQUEZ, TRUSTEE, IS A VICE PRESIDENT - COMMUNITY AFFAIRS OF BMO HARRIS BANK N.A. BMO HARRIS BANK N.A. BECAME THE MUSEUM'S PRIMARY DEPOSITORY AND LENDING INSTITUTION IN MARCH 2015. MR. DOUGLAS DOETSCH, TRUSTEE, IS A PARTNER OF MAYER, BROWN LLP. MAYER, BROWN LLP PROVIDES PRO-BONO LEGAL SERVICES TO THE MUSEUM. MR. GERY CHICO, TRUSTEE, IS A PARTNER OF CHICO & NUNES, P.C. CHICO & NUNES P.C. PROVIDES PRO-BONO LEGAL SERVICES TO THE MUSEUM. false true false FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS PROVIDE ASSISTANCE WITH SPECIAL EVENTS. FORM 990, PAGE 6, PART VI, LINE 11B FINANCE COMMITTEE REVIEWS FORM 990 PRIOR TO SUBMISSION. SUBSEQUENT APPROVAL BY FULL BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT AND ACKNOWLEDGE POLICY. FORM 990, PAGE 6, PART VI, LINE 15A CEO'S COMPENSATION IS SUBJECT TO ANNUAL REVIEW BY BOARD EXECUTIVE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 OH ALLOC. TO COST OF SALES 244,418 WRITE-OFF OF UNCOLLECTIBLE RECEIVABLES -5,671 COLLECTION ACQUISITIONS -15,669 OH ALLOC TO COST OF SALES -244,418 TOTAL -21,340 RNC LLC RNC LLC 1852 WEST 19TH STREET 1852 W 19TH ST CHICAGO IL 60608 205664110 RE ESTATE IL NMMA NATIONAL MUSEUM OF MEXICAN ART