2021-05-17T16:42:13-05:00 2020-06-30 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2019-07-01 111672743 THE BROOKLYN INSTITUTE OF ARTS AND SCIENCES % MCKENZIE KEATING BROO 7185016200 200 EASTERN PARKWAY BROOKLYN NY 112386052 BARBARA M VOGELSTEIN chairman 7185016200 2021-05-17 true Scott Thompsett P00741490 2125990100 2019 2022-09-23 18:48:47Z anne pasternak 200 EASTERN PARKWAY BROOKLYN NY 112386052 62674134 false X WWW.BROOKLYNMUSEUM.ORG X 1890 NY THE MISSION OF THE BROOKLYN MUSEUM IS TO CREATE INSPIRING ENCOUNTERS WITH ART THAT EXPAND THE WAYS WE SEE OURSELVES, THE WORLD AND ITS POSSIBILITIES. 50 49 574 102 13732 0 29763780 26354345 9437301 4447253 4309381 7823758 2682981 1977222 46193443 40602578 0 0 0 0 28739286 29262672 113001 246518 4615852 18274901 16747312 47127188 46256502 -933745 -5653924 320683029 323254347 42468150 56265064 278214879 266989283 X THE MISSION OF THE BROOKLYN MUSEUM IS TO CREATE INSPIRING ENCOUNTERS WITH ART THAT EXPAND THE WAYS WE SEE OURSELVES, THE WORLD AND ITS POSSIBILITIES. OUR VISION IS TO PROVIDE A FORUM WHERE GREAT ART AND COURAGEOUS CONVERSATIONS (CONTINUED ON SCHEDULE O) false false 25455848 0 2022592 CURATORIAL AND EDUCATIONAL CURATORIAL - THE BROOKLYN MUSEUM STUDIES, PRESERVES AND EXHIBITS A VAST AND COMPREHENSIVE COLLECTION THAT SPANS NEARLY 5,000 YEARS OF HISTORY AND REPRESENTS CULTURES FROM AROUND THE GLOBE. PERMANENT INSTALLATIONS PRESENT THE MUSEUM'S COLLECTIONS OF ARTS OF THE AMERICAS AND EUROPE; ARTS OF ANCIENT EGYPT, AFRICA, ASIA, AND THE MIDDLE EAST; CONTEMPORARY, AND FEMINIST ART. SEVERAL OF THE MUSEUM'S COLLECTIONS ARE CONSIDERED TO BE AMONG THE HIGHEST QUALITY IN THE WORLD, INCLUDING ITS AMERICAN AND EGYPTIAN ART COLLECTIONS. (CONTINUED IN SCHEDULE O) 7869867 0 1552047 SPECIAL EXHIBITIONS BROOKLYN MUSEUM PIONEERS THE PRESENTATION AND INTERPRETATION OF THE VISUAL AND ARTISTIC HERITAGE OF WORLD CULTURES. A WELL-ROUNDED SELECTION OF EXHIBITIONS REINFORCES THE MUSEUM'S LEADERSHIP IN ARTS SCHOLARSHIP. IN FY20, 8 SPECIAL EXHIBITIONS AND INSTALLATIONS DEVELOPED AND EXTENDED THE CULTURAL AND ART HISTORICAL THEMES OF THE MUSEUM'S COLLECTION. THESE EXHIBITIONS ATTRACTED ROBUST PUBLIC ATTENTION AND ENGAGED AUDIENCES OF ALL BACKGROUNDS AND AGES IN THE VISUAL ARTS. 1977603 0 872614 PUBLIC AFFAIRS AND INFORMATION IN FY20, OVER 371,777 VISITORS EXPLORED OUR EXTRAORDINARY PERMANENT COLLECTIONS, ATTENDED SPECIAL EXHIBITIONS AND PARTICIPATED IN OUR PUBLIC PROGRAMS. 1105650 0 246987 MERCHANDISE OPERATIONS 1105650 0 246987 36408968 true true false true false false false true false true true true false false true true true false false false true false false true false false false false false true false false false false false false false false true false false false false false false false false true 108 0 true 574 true true true false false false false false false false false false false false X 50 49 false false false false false false false true true false false true true true true true true true true false NJ NY X MCKENZIE KEATING 7185016200 200 EASTERN PARKWAY BROOKLYN NY 112386052 X Anne Pasternak Museum Director 60.0 0.0 X 548835 0 28646 David L Berliner President & COO 60.0 0.0 X 352395 0 35317 Hope O'reilly DEPUTY DIR. FOR DEVELOPMENT 45.0 0.0 X 305877 0 32106 Francesca Lisk GENERAL COUNSEL (Thru 3/20) 45.0 0.0 X 202595 0 39130 Mckenzie Keating dir. of finance 45.0 0.0 X 199212 0 1561 James Kelly Vice Director of Operations 45.0 0.0 X 168914 0 23131 Jean-Jerome Peytavi Marketing and Comm Dir. 45.0 0.0 X 166615 0 11595 Susan Fisher Chief Curator 45.0 0.0 X 167038 0 6753 Sharon Atkins Dir. Of Curatorial Affairs 45.0 0.0 X 141202 0 22071 Andrea Yglesias Director of Individual Giving 45.0 0.0 X 123557 0 31914 NATHALIE BERGER DEVELOPMENT MANAGER 45.0 0.0 X 125983 0 12465 Kenneth Kurtz architect 45.0 0.0 X 106179 0 28256 FAITH HAGGERTY CONTROLLER 45.0 0.0 X 117635 0 761 John-Andrew Forde TRUSTEE 2.0 0.0 X 72923 0 375 Barbara M Vogelstein BOARD Chair 8.0 0.0 X X 0 0 0 Stephanie Ingrassia TRUSTEE/VICE CHAIR 4.0 0.0 X X 0 0 0 Sharon E Fay TRUSTEE/Treasurer 4.0 0.0 X X 0 0 0 Saundra Williams-Cornwell TRUSTEE/Secretary 4.0 0.0 X X 0 0 0 regina aldisert Trustee 2.0 0.0 X 0 0 0 Sarah Arison Trustee 2.0 0.0 X 0 0 0 Tamara Belinfanti Trustee 2.0 0.0 X 0 0 0 Adele Bernhard Trustee 2.0 0.0 X 0 0 0 Jill K Bernstein Trustee 2.0 0.0 X 0 0 0 MARLEY BLUE LEWIS TRUSTEE (AS OF 01/20) 2.0 0.0 X 0 0 0 Deenie Brosens Trustee 2.0 0.0 X 0 0 0 Richard M Cashin Trustee 2.0 0.0 X 0 0 0 James S Chanos Trustee 2.0 0.0 X 0 0 0 Constance L Christensen Trustee emeritus (Non-Voting) 2.0 0.0 X 0 0 0 Rona Citrin Trustee 2.0 0.0 X 0 0 0 Andrew Cogan Trustee (thru 01/20) 2.0 0.0 X 0 0 0 RUDY CREW TRUSTEE (AS OF 01/20) 2.0 0.0 X 0 0 0 Kasseem Dean Trustee 2.0 0.0 X 0 0 0 Barbara Knowles Debs Trustee emeritus (Non-Voting) 2.0 0.0 X 0 0 0 Nikola Duravcevic Trustee 2.0 0.0 X 0 0 0 Henry B Elsesser Trustee 2.0 0.0 X 0 0 0 Norman M Feinberg Trustee 2.0 0.0 X 0 0 0 LORI FINKEL TRUSTEE (AS OF 01/20) 2.0 0.0 X 0 0 0 MICHAEL FRIBOURG TRUSTEE (AS OF 10/19) 2.0 0.0 X 0 0 0 AMANDA FUHRMAN TRUSTEE (AS OF 10/19) 2.0 0.0 X 0 0 0 steven guttman Trustee 2.0 0.0 X 0 0 0 susan hayden Trustee 2.0 0.0 X 0 0 0 jane holzer Trustee (thru 06/30/20) 2.0 0.0 X 0 0 0 dan houser Trustee 2.0 0.0 X 0 0 0 MICHI JIGARJIAN TRUSTEE (AS OF 10/19) 2.0 0.0 X 0 0 0 ELIZABETH KAHANE TRUSTEE (AS OF 10/19) 2.0 0.0 X 0 0 0 titus kaphar Trustee 2.0 0.0 X 0 0 0 Karen Kiehl Trustee 2.0 0.0 X 0 0 0 Susana Torruella Leval Trustee 2.0 0.0 X 0 0 0 Lynne M Maguire Trustee 2.0 0.0 X 0 0 0 Joel Mallin Trustee 2.0 0.0 X 0 0 0 RICHARD W MOORE Trustee 2.0 0.0 X 0 0 0 Vik Muniz Trustee 2.0 0.0 X 0 0 0 Otis Pratt Pearsall TRUSTEE EMERITUS (Non-Voting) 2.0 0.0 X 0 0 0 Cecilia Picon Torres Trustee 2.0 0.0 X 0 0 0 LESLIE puth TRUSTEE 2.0 0.0 X 0 0 0 Tracey G Riese Trustee 2.0 0.0 X 0 0 0 Victoria Rogers Trustee 2.0 0.0 X 0 0 0 jonathan rosen Trustee 2.0 0.0 X 0 0 0 Elizabeth A Sackler TRUSTEE EMERITUS (Non-Voting) 2.0 0.0 X 0 0 0 Carla Shen Trustee 2.0 0.0 X 0 0 0 Neil Simpkins Trustee 2.0 0.0 X 0 0 0 John S Tamagni TRUSTEE EMERITUS (Non-Voting) 2.0 0.0 X 0 0 0 Ellen N Taubman Trustee 2.0 0.0 X 0 0 0 Mickalene Thomas Trustee 2.0 0.0 X 0 0 0 Fred Tomaselli Trustee 2.0 0.0 X 0 0 0 colleen tompkins Trustee 2.0 0.0 X 0 0 0 Amanda Waldron Trustee 2.0 0.0 X 0 0 0 Susan Weber Trustee 2.0 0.0 X 0 0 0 matthew wilson Trustee 2.0 0.0 X 0 0 0 MAYOR BILL DE BLASIO EX-OFFICIO TRUSTEE(non-voting) 1.0 0.0 X 0 0 0 SPEAKER COREY joHNSON EX-OFFICIO TRUSTEE(non-voting) 1.0 0.0 X 0 0 0 COMPTROLLER SCOTT STRINGER EX-OFFICIO TRUSTEE(non-voting) 1.0 0.0 X 0 0 0 BOROUGH PRESIDENT ERIC ADAMS EX-OFFICIO TRUSTEE(non-voting) 1.0 0.0 X 0 0 0 DCA COMMISSR TOM FINKELPEARL EX-OFFICIO TRUSTEE(non-voting) 1.0 0.0 X 0 0 0 2798960 0 274081 21 false true false MAE DANILLER COMPANY 3724 JEFFERSON STREET SUITE 302 AUSTIN TX 78731 FUNDRAISING 277737 EVENTLIGHTS 343 1/2 EIGHTH STREET JERSEY CITY NJ 073021829 TECH/EVENT LIGHTING 245690 great performances 2417 3rd avenue suite 300 BRONX NY 10451 catering services 244649 OUTFRONT MEDIA LLC PO BOX 33074 NEWARK NJ 071880074 TECH/event sound 174130 SUSAN COURTEMANCHE 40 POWDER HORN HILL ROAD WILTON CT 06897 FUNDRAISING 143899 9 1589752 9214703 15549890 2090285 26354345 EXHIBITION AND LOAN FEES 900099 2022592 1937671 84921 SPECIAL EXHIBITIONS 611710 1552047 1552047 ADMISSIONS/PUBLIC AFFAIRS 561499 872614 872614 4447253 1861344 13732 1847612 0 0 1266333 1266333 0 1266333 1266333 21914946 5580000 21532532 382414 5580000 5962414 5962414 0 0 0 0 0 0 786011 539024 246987 246987 EVENT FEES 900099 395199 395199 CAFE REVENUE 900099 68703 68703 463902 40602578 4609319 13732 9625182 0 0 0 0 2891517 2160581 409331 321605 0 17208007 12858061 2436011 1913935 1195120 1055886 34957 104277 6040929 5337149 176695 527085 1927099 1402919 330052 194128 0 64863 64863 100769 100769 140574 140574 246518 246518 449913 449913 2028332 1558337 308923 161072 650422 645635 4787 1547738 1201499 105396 240843 479472 231841 197833 49798 0 0 356586 199773 19537 137276 0 16209 5715 8927 1567 0 0 6094367 5815657 228127 50583 407337 151801 255536 ART ACQUISITION 1931464 1931464 FOOD AND ENTERTAINMENT 340074 218249 31785 90040 EXHIBIT & CATALOG FEES 274085 274085 RESEARCH AND CURATORIAL 178865 142560 34303 2002 1686242 1077182 33937 575123 46256502 36408968 5231682 4615852 8754747 16711250 1738440 5992608 12688281 12894706 3346138 2161032 0 0 0 0 0 0 787813 1055885 1819244 2671451 231833129 71978287 164618951 159854842 67343097 69416383 58315318 51225190 0 0 0 0 1271000 1271000 320683029 323254347 3884921 3624042 0 0 2563922 5665058 0 0 0 0 0 0 2799250 5000000 0 0 33220057 41975964 42468150 56265064 X 157216409 145152609 120998470 121836674 278214879 266989283 320683029 323254347 X -5653924 -2269449 -3302223 X X false true X true false X 27066392 20728101 25935761 29763780 26354345 129848379 0 1688203 1716605 1897704 1898377 1995823 9196712 28754595 22444706 27833465 31662157 28350168 139045091 0 139045091 1922712 1640715 3125584 3130238 3127677 12946926 0 850758 791319 887946 779166 463902 3773091 155765108 37281184 0.89266 0.89551 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false false false true 140574 140574 false FORM 990, SCHEDULE C, PART II-B, LINE 1, LOBBYing ACTIVITIES IN FISCAL YEAR 2020, THE MUSEUM ENGAGED THIRD PARTY CONSULTANTS TO CONDUCT LOBBYING ACTIVITIES ON ITS BEHALF. IN ADDITION, THE MUSEUM'S ON-STAFF GOVERNMENT RELATIONS OFFICER REPRESENTED THE MUSEUM IN CONNECTION WITH VARIOUS GOVERNMENTAL RELATIONS MATTERS AND COMMUNICATED WITH LEGISLATIORS AND OTHER GOVERNMENT OFFICIALS. TYPE NAME SCOPE COSTS CONSULTANT CONNELLY, McLaughlin & WOLOZ NYC $66,000 CONSULTANT BENDER CANTONE CONSULTING INC ALBANY, NY $60,000 CONSULTANT WILDLIFE CONSERVATION NYC $14,524 CONSULTANT NYS JOINT COMMISSION NYS $50 ------- TOTAL $140,574 X X X X true 110377143 5540415 -498343 8733682 106685533 108967816 4491739 5668104 8750516 110377143 111618222 1573658 6989091 11213155 108967816 104796661 1011960 13232196 7422595 111618222 64362196 1722755 -729213 -39440923 104796661 0.12890 0.65430 0.21680 false false 0 225516861 71155502 154361359 2192062 822785 1369277 4124206 0 4124206 159854842 HEDGE FUNDS 24240096 F INTERNATIONAL EQUITY FUNDS 13989777 F COMMINGLED FUNDS 11552237 F FUNDS OF FUNDS 1443080 F 51225190 0 ACCRUED POSTRETIREMENT BENEFITS 36867275 SBA PAYROLL PROTECTION PROGRAM LOAN 4480038 SPLIT INTEREST AGREEMENT 628651 41975964 X 29493011 -2269449 1995823 -10925052 -11198678 40691689 449913 -539024 -89111 40602578 40718607 1995823 539024 2534847 38183760 449913 7622829 8072742 46256502 form 990, schedule D, Part III, LINE 1A THE MUSEUM'S ART COLLECTION IS MADE AVAILABLE TO ITS MEMBERS AND THE PUBLIC TO ENCOURAGE AND EXPAND THE STUDY AND APPRECIATION OF ART THROUGH A PROGRAM OF PUBLIC EXHIBITIONS, EDUCATION AND RESEARCH. COMPONENTS OF THE MUSEUMS COLLECTION, WHICH HAVE BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED IN THE YEARS IN WHICH THE ITEMS ARE ACQUIRED AS DECREASES IN NET ASSETS IN ACCORDANCE WITH DONOR RESTRICTIONS ON THE ASSETS USED TO PURCHASE THE ITEMS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS BECAUSE THE MUSEUM DOES NOT HOLD COLLECTION ITEMS FOR SALE. PROCEEDS FROM DEACCESSIONS ARE ADDED TO DEACCESSION FUNDS WITHIN NET ASSETS WITHOUT DONOR RESTRICTIONS, AND ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION AND direct CARE. In FY 20, the Museum acquired $1,931,464 in new artwork; this amount is reported in Form 990, Part IX, Line 24a. FORM 990, SCHEDULE D, PART III, LINE 4 DESCRIPTION OF THE COLLECTION: THE BROOKLYN MUSEUM HOLDS COLLECTIONS THAT ARE BOTH BROAD AND DEEP, AND INCLUDE ART FROM AROUND THE WORLD AND FROM ANCIENT TIMES TO THE PRESENT. AS OF FY20, THE BROOKLYN MUSEUM'S COLLECTIONS ARE ORGANIZED AS FOLLOWS: 1. ARTS OF THE AMERICAS AND EUROPE A. AMERICAN ART B. EUROPEAN ART C. ARTS OF THE AMERICAS D. DECORATIVE ARTS 2. ARTS OF ANCIENT EGYPT, AFRICA AND ASIA A. EGYPTIAN ART B. AFRICAN ART C. ART OF THE PACIFIC ISLANDS D. ASIAN ART E. ARTS OF THE MIDDLE EAST 3. CONTEMPORARY ART A. CONTEMPORARY ART B. PHOTOGRAPHY 4. ELIZABETH A. SACKLER CENTER FOR FEMINIST ART THESE CURATORIAL DIVISIONS ARE OVERSEEN BY THE DEPUTY DIRECTOR AND CHIEF CURATOR, WHO, IN TURN OVERSEES SENIOR AND JUNIOR CURATORS WORKING IN EACH OF THE COLLECTION AREAS. THE LIBRARY, CONSERVATION, REGISTRAR, EXHIBITIONS, AND COLLECTIONS MANAGEMENT DEPARTMENTS ASSIST WITH THE PRESERVATION, CATALOGUING, AND EXHIBITION OF WORKS FROM THE COLLECTION. THE BROOKLYN MUSEUM HAS ONE OF THE GREATEST COLLECTIONS IN THE COUNTRY; REENVISIONING THE COLLECTIONS' MEANING AND CONNECTION TO OUR WORLD AND AUDIENCES TODAY ENSURES ITS RELEVANCE AND VITALITY. THE BROOKLYN MUSEUM SEES ISSUES OF COLLECTING AS STRATEGICALLY INSEPERABLE FROM THE CONCERNS OF PRESENTATION IN OUR GALLERIES. BRINGING OUR VAST PANORAMA OF OBJECTS SUCCESSFULLY INTO THE FUTURE REQUIRES US TO MOVE AWAY FROM STRICTLY COMPARTMENTALIZED CONNOISSEURSHIP, INSTEAD THINKING ABOUT OUR COLLECTION AS A VITAL WHOLE. TODAY, OUR KNOWLEDGE OF HOW ART HISTORY AND SOCIAL HISTORY INTERACT ENCOURAGES US TO PRESENT THE MUSEUMS EXPANSIVE HOLDINGS FROM A GLOBAL PERSPECTIVE, WITH PERMEABLE BOUNDARIES RATHER THAN RESTRICTIVE GEOGRAPHICAL OR HISTORICAL BORDERS. TO ACCOMPLISH THESE GOALS, EVERY OBJECT IN OUR COLLECTION MUST HELP US TO TELL THE STORY OF ART, BOLDLY AND COMPELLINGLY TO OUR DIVERSE AUDIENCES. THE BETTER WE TELL THE STORY, THE BROADER AND DEEPER OUR AUDIENCES PARTICIPATION IN IT WILL BE. BUILDING THE COLLECTION: NEW ACQUISITIONS ARE GUIDED BY A COLLECTIONS PLAN THAT WAS OFFICIALLY ADOPTED BY THE BOARD OF TRUSTEES AND IS REVIEWED BY THE COLLECTIONS COMMITTEE AND THE CURATORIAL TEAM ON A REGULAR BASIS. NEW ACQUISITIONS ARE CONSIDERED ACCORDING TO THE FOLLOWING CRITERIA: - WILL THE WORK BE IMMEDIATELY USEFUL IN THE GALERIES AND WILL IT EXPAND THE VISITOR EXPERIENCE THERE? - WILL THE WORK BE TRANSFORMATIVE FOR THE COLLECTION? - CAN IT BE USED TO ILLUMINATE MORE THAN ONE COLLECTION AREA, AND BRIDGE THE GAPS BETWEEN COLLECTIONS AND CULTURES? - IS IT AN OBJECT OF TRUE EXCELLENCE, FULLY AUTHENTIC AND IN GOOD CONDITION? - DOES IT HAVE SPECIAL REASONANCE WITH WORKS ALREADY IN THE COLLECTION? WILL IT INCREASE THE USEFULNESS OF EXISTING COLLECTIONS BY MAKING THEM MORE UNDERSTANDABLE? IN FY20, 371,777 VISITORS EXPLORED THE MUSEUM'S WIDE-RANGING COLLECTIONS. ADDITIONALLY, 10 SPECIAL EXHIBITIONS, 6 TOURING EXHIBITIONS AND 8 LONG-TERM INSTALLATIONS DEVELOPED AND EXTENDED CULTURAL AND ART HISTORICAL THEMES SUPPORTED BY THE MUSEUM'S RICH COLLECTIONS. FORM 990, SCHEDULE D, PART V, COLUMN (D), LINE 1E THE MUSEUM ADOPTED ASU-2016-14 DURING THE YEAR ENDED JUNE 30, 2017. IN ACCORDANCE WITH THAT STANDARD THE MUSEUM WAS REQUIRED TO RECORD A CUMULATIVE EFFECT ADJUSTMENT TO REFLECT UNDERWATER BALANCES WITHIN THE NET ASSETS WITH DONOR RESTRICTION CATEGORY. HISTORICALLY, SUCH LOSSES WERE REFLECTED WITHIN THE NET ASSETS WITHOUT DONOR RESTRICTION CATEGORY. FORM 990, SCHEDULE D, PART V, LINE 4 THE BOARD, IN COMPLIANCE WITH APPLICABLE STATE REGULATIONS, WILL APPROPRIATE AS MUCH ENDOWMENT RETURN FOR EXPENDITURES AS IS PRUDENT CONSIDERING THE MUSEUM'S LONG AND SHORT-TERM NEEDS, PRESENT AND ANTICIPATED FINANCIAL REQUIREMENTS, EXPECTED TOTAL RETURN ON ITS INVESTMENTS, PRICE-LEVEL TRENDS AND GENERAL ECONOMIC CONDITIONS. UNDER THE MUSEUM'S SPENDING POLICY AS OF FY20, A PERCENTAGE OF THE AVERAGE MARKET VALUE OF CERTAIN INVESTMENTS OVER THE TWENTY QUARTERS ENDING ON DECEMBER 31 IS MADE AVAILABLE ON EACH JULY 1 TO SUPPORT CURRENT OPERATIONS OF THE MUSEUM AND CERTAIN NON-OPERATING ACTIVITIES AS DESIGNATED BY THE BOARD. FORM 990, SCHEDULE D, PART X, LINE 2 FIN 48 THE MUSEUM FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE MUSEUM IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE MUSEUM HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED BUSINESS INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE MUSEUM HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. IN ADDITION, THE MUSEUM HAS NOT RECORDED A PROVISION FOR INCOME TAXES AS IT HAS NO MATERIAL TAX LIABILITY FROM UNRELATED BUSINESS INCOME ACTIVITIES. FORM 990, SCHEDULE D, PART XI, LINE 2D CHANGE IN POSTRETIREMENT HEALTH BENEFITS ($3,355,490) DEPRECIATION OF CAPITAL ($5,691,365) ACQUISITIONS OF WORKS OF ART ($1,931,464) CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $53,267 ------------ TOTAL SCHEDULE D, PART XI, LINE 2D ADJUSTMENT ($10,925,052) FORM 990, SCHEDULE D, PART XI, LINE 4B COST OF GOODS SOLD ($539,024) ------------ TOTAL SCHEDULE D, PART XI, LINE 4B ADJUSTMENT ($539,024) FORM 990, SCHEDULE D, PART XII, LINE 2D COST OF GOODS SOLD $539,024 ------------ TOTAL SCHEDULE D, PART XII, LINE 2D ADJUSTMENT $539,024 FORM 990, SCHEDULE D, PART XII, LINE 4B Acquisitions of works of art $1,931,464 DEPRECIATION OF CAPITAL $5,691,365 ------------ TOTAL SCHEDULE D, PART XII, LINE 4B ADJUSTMENT $7,622,829 true Central America and the Caribbean Investments 17183860 Sub-Saharan Africa Investments 813094 17996954 17996954 true false true true false false FORM 990, SCHEDULE F, PART IV THE BROOKLYN MUSEUM INVESTS DIRECTLY IN CORPORATIONS DOMICILED OUTSIDE THE UNITED STATES AND IN DOMESTIC AND FOREIGN LIMITED PARTNERSHIPS THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. NEVERTHELESS, BROOKLYN MUSEUM'S INVESTMENT ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR FILING THE FORMS 926, 5471, OR 8621. TO THE EXTENT SUCH A FORM WAS COMPLETED, IT HAS BEEN FILED WITH THE ORGANIZATION'S FORM 990-T. X X X X X X X true Daniller Company fundraising consultants false 102619 Susan Courtemanche 40 Powder Horn Hill Road wilton CT 06897 fundraising consultants false 143899 246518 NJ NY FORM 990, SCHEDULE G, PART I, LINE 2B (COLUMN V) Daniller & Company is reported as one of the Museums top five highest paid vendors in Part VII of the Form 990; the amount reported there represents payment for all services (inclusive of management and project fees) provided by the Company, whereas the amount reported on Schedule G represents solely the amount paid for fundraising services. The Museum does not track its donation data in such a fashion as to pinpoint specifically how much each fundraiser raised on its behalf. Fundraisers make touchpoints with donors that may not result in contributions for years, nor does the Museum survey its donors to see what prompted them to donate to the Museum. Accordingly, the Museum does not report gorss receipts from fundraising activities in Schedule G, Part I, Line 2(b), column, IV. X X X X X false false false false false false false false false Anne Pasternak Museum Director 544642 0 0 0 4193 0 0 0 28646 0 577481 0 0 0 David L Berliner President & COO 348950 0 0 0 3445 0 0 0 35317 0 387712 0 0 0 Francesca Lisk GENERAL COUNSEL (Thru 3/20) 201687 0 0 0 908 0 0 0 39130 0 241725 0 0 0 Hope O'reilly DEPUTY DIR. FOR DEVELOPMENT 304073 0 0 0 1804 0 0 0 32106 0 337983 0 0 0 Jean-Jerome Peytavi Marketing and Comm Dir. 165891 0 0 0 724 0 0 0 11595 0 178210 0 0 0 James Kelly Vice Director of Operations 166753 0 0 0 2161 0 0 0 23131 0 192045 0 0 0 Andrea Yglesias Director of Individual Giving 123020 0 0 0 537 0 0 0 31914 0 155471 0 0 0 Sharon Atkins Dir. Of Curatorial Affairs 140369 0 0 0 833 0 0 0 22071 0 163273 0 0 0 Mckenzie Keating dir. of finance 198235 0 0 0 977 0 0 0 1561 0 200773 0 0 0 Susan Fisher Chief Curator 166214 0 0 0 824 0 0 0 6753 0 173791 0 0 0 X 64 0 X 13 2090285 fmv false true true FORM 990, SCHEDULE M, PART I (COLUMN B) THE ORGANIZATION IS REPORTING THE NUMBER OF DONORS IN PART 1, COLUMN (B) OF SCHEDULE M. FORM 990, SCHEDULE M, PART I, LINE 32B THE BROOKLYN MUSEUM OCCASIONALLY CONTRACTS WITH COMMERCIAL AUCTION HOUSES SUCH AS SOTHEBY'S OR CHRISTIE'S TO SELL CONTRIBUTIONS OF WORKS OF ART OR PERSONAL PROPERTY. THESE GIFTS MAY BE WORKS THAT HAVE BEEN PART OF THE COLLECTION WHICH HAVE BEEN DEACCESSIONED, OR THEY MAY, LESS FREQUENTLY, BE WORKS OF ART OR PERSONAL PROPERTY DONATED TO THE MUSEUM WITH THE SPECIFIC INTENTION THAT THEY BE SOLD TO REALIZE FUNDS IN CASH. THE BROOKLYN MUSEUM HAS STANDING CONTRACTS WITH SOME AUCTION HOUSES OUTLINING TERMS AND CONDITIONS FOR THIS PURPOSE; WITH OTHER AUCTION HOUSES, TERMS AND CONDITIONS ARE NEGOTIATED ON A CASE-BY-CASE BASIS. FORM 990, SCHEDULE M, PART I, LINE 33 REVENUE NOT REPORTED. IN PART I, COLUMN C CONTRIBUTED ARTWORK COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS BECAUSE THE MUSEUM DOES NOT HOLD COLLECTION ITEMS FOR RESALE. COMPONENTS OF THE MUSEUM'S COLLECTION, WHICH HAVE BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED IN THE YEARS IN WHICH THE ITEMS ARE ACQUIRED AS DECREASES IN NET ASSETS. GENERAL EXPLANATORY STATEMENT REGARDING THE COVID-19 IMPACT ON THE ORGANIZATION The first case of the novel strain of Coronavirus ("COVID-19") in the U.S. was confirmed in the state of New York on March 1, 2020. By the end of March, the number of COVID-19 deaths in New York City surpassed 1,000 and all non-essential businesses including the Brooklyn Museum were closed by order of the Governor. Through a number of emergency measures, by the end of June the Brooklyn Museum was able to limit the effect of the global health and financial crisis on its operating support and revenue to 14% of its annual average. The impact for the Museums employees, supporters, and community, however, will not be fully understood for years to come. In response to the pandemic, the Museum significantly reduced its annual expense base and its Board of Trustees contributed generously to a special reopening fund. The U.S. federal government passed the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act") and during May 2020 the Museum successfully secured a Payroll Protection Program ("PPP") loan totaling $4,480,038 from the Small Business Administration. The PPP loan and accrued interest are forgivable as long as the Museum uses the loan proceeds for eligible purposes, primarily for payroll and benefits. The Museum will apply for loan forgiveness during the fiscal year ended June 30, 2021. On September 12, 2020 the Brooklyn Museum reopened to the public in accordance with State guidelines for social distancing and an operational plan approved by the Director of Infection Prevention at Mt. Sinai Hospital. The plan limited capacity to 25%, required patrons to wear a face covering, and included many operational precautions, such as advance ticket sales and employee health checks. Physical improvements were also made to the building, including new air filtration, Plexiglas protection, and signage. Despite the uncertainty the pandemic has created for the global economy-- and the toll it will continue to take on the Museums admissions and other earned income categories for years to come--the Museum is fortunate to have the crucial support of its generous and committed Board of Trustees. Due to the COVID-19 pandemic, the Brooklyn Museum was required to cancel all of its in-person special event activities (such as its Annual gala). Many of the Museums generous donors who would have attended these events opted to donate the proceeds to the Museum rather than request a refund. For 990 purposes, the Museum is reporting donations attributable to canceled events in Part VIII, Line 1(f) and expenses incurred (that were non-reimbursable) on Part IX, Line 24, instead of reporting them on the Form 990, Schedule G. Form 990, part III, line 1 CONTINUATION OF ORGANIZATIONS MISSION STATEMENT ARE CATALYSTS FOR A MORE CONNECTED, CIVIC, AND EMPATHETIC WORLD. WITH ROOTS EXTENDING FROM 1825, THE MUSEUM IS ONE OF THE OLDEST AND LARGEST ART MUSEUMS IN THE UNITED STATES. ITS ENCYCLOPEDIC COLLECTION REPRESENTS MORE THAN 5,500 YEARS OF ARTISTIC CREATIVITY, HOUSED IN A GRAND 560,000 SQUARE-FOOT BEAUX ARTS BUILDING DESIGNED BY MCKIM, MEAD & WHITE. GENERALLY CONSIDERED TO BE AMONG THE HIGHEST QUALITY ARE THE ANCIENT EGYPTIAN COLLECTION; THE ARTS OF THE AMERICAS COLLECTION, WHICH INCLUDES PRE-COLUMBIAN OBJECTS, SPANISH COLONIAL PAINTING, AS WELL AS 19TH AND EARLY 20TH CENTURY AMERICAN PAINTING, SCULPTURE AND DECORATIVE ARTS; AND THE ASIAN AND MIDDLE EASTERN COLLECTIONS. THE MUSEUM IS ALSO HOME TO THE ELIZABETH A. SACKLER CENTER FOR FEMINIST ART, THE ONLY CENTER OF ITS KIND IN A MUSEUM. A DISTINGUISHED RECORD OF GROUNDBREAKING EXHIBITIONS, CANON-EXPANDING SCHOLARSHIP, AND RICH EDUCATION AND PUBLIC PROGRAMS, WHICH DRAW AN AUDIENCE OF HALF A MILLION EACH YEAR, FURTHER ENHANCE OUR WORLD-RENOWNED HOLDINGS. THE MUSEUM IS GROUNDED IN THE EARLY EGALITARIAN IDEALS OF OUR NATION; FROM THE VERY BEGINNING, OUR ESSENTIAL PURPOSE HAS BEEN THE "EDUCATION AND INSPIRATION OF ALL THE PEOPLE." ALWAYS AN INNOVATOR, THE BROOKLYN MUSEUM HAS LAUNCHED MANY FIRSTS, INCLUDING THE GROUNDBREAKING RETROSPECTIVE OF GEORGIA OKEEFFE IN 1927. THE MUSEUM WAS ALSO THE FIRST ART MUSEUM IN THE U.S. TO LAUNCH A FORMAL EDUCATION DEPARTMENT, IN-HOUSE CONSERVATION, AND A PHOTOGRAPHY SCHOOL; BUILD A LARGE-SCALE COLLECTION OF KOREAN ART; AND MOUNT A MAJOR SURVEY OF AFRICAN ART. NEARLY 200 YEARS AGO THE MUSEUM BEGAN BY PREPARING BROOKLYNS UNEMPLOYED AND UNEDUCATED BOYS AND MEN FOR THE WORKFORCE, BEFORE THE ADVENT OF FREE PUBLIC EDUCATION IN NEW YORK CITY, OFFERING INSTRUCTION IN GRAMMAR; WRITING; BOOKKEEPING; AND ARCHITECTURAL, FIGURAL, MECHANICAL AND LANDSCAPE DRAWING. AND TODAY MORE THAN ONE-THIRD OF OUR ANNUAL VISITORSHIP BENEFITS FROM THE MUSEUMS EDUCATION PROGRAMS, WHICH PROVIDE VITAL OPPORTUNITIES TO DRAW PERSONAL CONNECTIONS TO WORLD-CLASS COLLECTIONS AND EXHIBITIONS; STRENGTHEN LIFELONG LEARNING AND CRITICAL THINKING; AND FOSTER INCLUSION. FORM 990, PART III, LINE 4A CURATORIAL AND EDUCATIONAL (CONTINUED) TRAVELING EXHIBITIONS PROVIDE UNIQUE OPPORTUNITIES FOR AUDIENCES FROM ACROSS THE GLOBE TO EXPERIENCE WORKS FROM THE MUSEUM'S RENOWNED COLLECTION. IN FY20, 4 TRAVELING EXHIBITIONS WERE DRAWN FROM THE COLLECTION FOR PRESENTATION. EDUCATION - INNOVATIVE EDUCATION AND PUBLIC PROGRAMS SERVED APPROXIMATELY 125,425 K-12 STUDENTS, TEACHERS, FAMILIES AND ADULTS THIS YEAR. THROUGH EXPLORING THE COLLECTION AND SPECIAL EXHIBITIONS AND THROUGH HANDS-ON ART-MAKING, THESE PROGRAMS STRENGTHEN CLASSROOM LEARNING AND PROMOTE LIFE LONG CONNECTIONS TO THE VISUAL ARTS. NATIONALLY-RECOGNIZED PROGRAMS SUCH AS TARGET FIRST SATURDAYS HAVE HELPED BUILD ONE OF THE MOST DIVERSE AUDIENCES OF ANY MUSEUM IN THE NATION. EDUCATION PROGRAMS ARE CENTRAL TO THE MUSEUM'S MISSION OF FOCUSING AND ENRICHING THE EXPERIENCES OF OUR VISITORS. FORM 990, PART III, LINE 4D MERCHANDISE OPERATIONS THE BROOKLYN MUSEUM SHOP EXTENDS OUR VISITORS EXPERIENCE. OUR INVENTORY IS COMPRISED OF EXHIBITION-RELATED ITEMS, CATALOGUES AND OTHER PUBLICATIONS. FORM 990, PART VI, SECTION B, LINE 11b THE BROOKLYN MUSEUM'S BOARD OF TRUSTEES HAS DELEGATED RESPONSIBILITY AND OVERSIGHT FOR THE FORM 990 TO THE FINANCE COMMITTEE. THE FORM 990 IS PREPARED BY THE MUSEUM'S AUDITORS WITH DIRECT INPUT FROM THE MUSEUM'S ADMINISTRATION. A COMPLETE ELECTRONIC COPY OF THE FORM 990 IS SUPPLIED TO THE ENTIRE BOARD OF TRUSTEES FOR COMMENT PRIOR TO FILING. ADDITIONALLY, ALL MEMBERS OF THE BOARD OF TRUSTEES ARE INVITED TO THE FINANCE COMMITTEE MEETING AT WHICH THE FINAL DRAFT OF THE FORM 990 IS REVIEWED AND APPROVED PRIOR TO BEING FILED WITH THE IRS. THE BOARD'S TREASURER SERVES AS THE CHAIR OF THE FINANCE COMMITTEE. PARTICIPATING IN THE REVIEW ARE THE BOARD CHAIR, VARIOUS OTHER OFFICERS OF THE BOARD AND SENIOR ADMINISTRATORS. FORM 990, PART VI, SECTION B, LINE 12C THE BROOKLYN MUSEUM HAS A CONFLICT OF INTEREST POLICY IN PLACE. THE POLICY AND DISCLOSURE GUIDELINES ARE DISTRIBUTED TO ALL TRUSTEES ON AN ANNUAL BASIS ALONG WITH A CONFLICT OF INTEREST QUESTIONNAIRE AND DISCLOSURE FORM THAT THEY MUST COMPLETE AND SIGN. COMPLETED QUESTIONNAIRES ARE REVIEWED BY THE GENERAL COUNSEL, PRESIDENT AND CHIEF OPERATING OFFICER, AND THE CHAIR OF THE AUDIT COMMITTEE. TRUSTEES WITH CONFLICTS OR POTENTIAL CONFLICTS MUST RECUSE THEMSELVES FROM RELATED DISCUSSIONS AND THE DECISION-MAKING PROCESS, AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE IS RESPONSIBLE FOR DETERMINING COMPENSATION FOR SENIOR-LEVEL ADMINISTRATIVE AND KEY EMPLOYEES. COMPENSATION IS BASED UPON COMPARABLE DATA AND FUNCTIONALLY COMPARABLE POSITIONS IN SIMILARLY SITUATED ORGANIZATIONS NATIONWIDE AS WELL AS MARKET-DRIVEN DATA FOR FUNCTIONS THAT FALL OUTSIDE MUSEUMS. COMPARABLE DATA INCLUDE INFORMATION FROM THE AAMD SURVEY, THE QUATT SURVEY, INFORMATION ON COMPARABLE INSTITUTIONS' 990S, AND APPROPRIATE MARKETPLACE SALARY COMPARISONS OUTSIDE THE FIELD. THE DIRECTOR'S AND PRESIDENTS SALARIES ARE BASED UPON CONTRACTS APPROVED BY THE TRUSTEES. THE BOARD AND COMPENSATION COMMITTEE commissioned a current compensation study in 2021 to ensure that its executives are paid reasonable wages compared to its peer institutions in the market in which it operates. THE LEGAL DEPARTMENT KEEPS COPIES OF THE DETERMINATIONS AND RESULTS OF THE COMPENSATION PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE BROOKLYN MUSEUMS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AT MANAGEMENT'S DISCRETION. ADDITIONALLY, ITS IRS FORM 990 IS AVAILABLE TO THE PUBLIC ONLINE AT WWW.GUIDESTAR.ORG AND OTHER SIMILAR WEBSITES. FORM 990, PART VII TRUSTEE, JOHN-ANDREW FORDE, SERVED AS AN EMPLOYEE OF THE ORGANIZATION THROUGH MAY OF 2019; MR. FORDE COMMENCED SERVICE AS A BOARD OF TRUSTEES MEMBER IN JUNE OF 2019, A POSITION FOR WHICH HE WAS NOT COMPENSATED. ALL COMPENSATION REPORTED IN PART VII REPRESENTS MR. FORDE'S SALARY AS DIRECTOR OF CORPORATE RELATIONS. FORM 990, PART Xi, LINE 9 CHANGE IN POSTRETIREMENT HEALTH BENEFITS ($3,355,490) CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $53,267 ---------- TOTAL FORM 990, PART XI, LINE 9 ADJUSTMENT ($3,302,223) FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.