2021-08-16T12:39:11-05:00 2020-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2020-01-01 611472746 THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM ISAM 7182047088 32-37 VERNON BLVD LONG ISLAND CITY NY 11106 BRETT LITTMAN DIRECTOR 7182047088 2021-08-16 1 BRETT LITTMAN 999009999 FREDERICK MARTENS P00298107 2126972299 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MALCOLM NOLEN 32-37 VERNON BLVD LONG ISLAND CITY NY 11106 15542568 0 X WWW.NOGUCHI.ORG X 2004 NY TO ADVANCE THE UNDERSTANDING AND APPRECIATION OF ISAMU NOGUCHI'S ART AND LEGACY. 20 20 74 22 0 0 2787836 1951984 642170 127431 2525184 4880151 2015359 2615825 7970549 9575391 0 0 0 0 3015611 3365975 0 0 671721 3376364 3016862 6391975 6382837 1578574 3192554 65087920 69807291 4799654 4805759 60288266 65001532 X THE MISSION OF THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM IS TO ADVANCE THE UNDERSTANDING AND APPRECIATION OF ISAMU NOGUCHI'S ART AND LEGACY.THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM SEEKS TO PROTECT AND PRESERVE ISAMU NOGUCHI'S WORK AND ARCHIVES, AS WELL AS TO SUSTAIN HIS MUSEUM AS A PLACE FOR THE EXPLORATION OF INDIVIDUAL ARTISTIC ENDEAVORS AND CREATIVE COLLABORATION. THE MUSEUM ALSO AIMS TO EXPAND ON NOGUCHI'S LEGACY OF WIDE-RANGING INTERESTS AND INTIMATE ARTISTIC EXPERIENCE THROUGH AN ACTIVE EXHIBITION, EDUCATION, RESEARCH, AND PUBLIC-PROGRAMMING SCHEDULE, WHILE CONTINUING TO BROADEN HIS INFLUENCE AND RELEVANCE, FOCUSING ON HOW HIS WORK WILL INFORM CONTEMPORARY CULTURE FOR GENERATIONS TO COME. 0 0 1271017 2159204 MERCHANDISINGTHE MUSEUM SELLS FUNCTIONAL EXAMPLES OF FURNITURE MADE USING DESIGNS OF ISAMU NOGUCHI, AS WELL AS OTHER MERCHANDISE THAT IS DIRECTLY RELATED TO THE EXHIBITIONS AND INTERPRETIVE MATERIALS IN THE GALLERIES TO ALLOW MUSEUM VISITORS TO EXTEND THEIR AESTHETIC AND EDUCATIONAL EXPERIENCE OVER TIME. 940359 0 COLLECTIONTHE NOGUCHI MUSEUM MANAGES THE WORLD'S LARGEST AND MOST EXTENSIVE COLLECTION OF NOGUCHI'S ART AND IS DEDICATED TO THE PRESERVATION OF THIS BODY OF WORK. THERE ARE 475 OBJECTS IN THE MUSEUM'S PERMANENT COLLECTION WHICH INCLUDE STONE, SCULPTURES, CERAMICS, DANCE SETS, DRAWINGS, FURNITURE, SCULPTURAL MODELS, PORTRAIT HEADS, AND MODELS FOR PUBLIC WORKS. WHILE DESIGNING AND CURATING HIS MUSEUM, NOGUCHI SELECTED SEVERAL OF THESE WORKS TO BE ON PERMANENT DISPLAY IN THE MUSEUM'S GALLERIES. IN ADDITION TO SHOWCASING ITS PERMANENT COLLECTION FOR THE PUBLIC, THE NOGUCHI MUSEUM ALSO SERVES THE INTERNATIONAL COMMUNITY BY LOANING WORKS TO OTHER INSTITUTIONS. 637170 127431 EXHIBITIONS AND PUBLICATIONSIN ADDITION TO THE PERMANENT COLLECTION INSTALLED GALLERIES AND GARDEN AT THE NOGUCHI MUSEUM, EACH YEAR CHANGING EXHIBITIONS ARE PRESENTED THAT OFFER NEW PERSPECTIVES ON NOGUCHI'S ARTISTIC PRODUCTION. IN 2020, CHANGING EXHIBITIONS INCLUDED: DUAL EXHIBITIONS, "COMPOSITION FOR IDLEWILD AIRPORT AND "THE SCULPTOR AND THE ASHTRAY," THAT DEMONSTRATED NOGUCHI'S INTEREST IN MAKING SCULPTURE EVERYWHERE OUT OF EVERYTHING; AND "FUTURA AKARI," AN INSTALLATION OF AKARI LIGHT SCULPTURES DESIGNED BY NOGUCHI AND HAND PAINTED BY ARTIST, FUTURA2000. 1690438 0 EDUCATION, CATALOGUE RAISONNE AND PUBLIC PROGRAMS. CAFE SERVICES WERE SUSPENDED, AND PUBLIC AND EDUCATION PROGRAMMING TRANSITIONED TO DIGITAL PLATFORMS, IN 2020 DUE TO COVID-19 PANDEMIC. 1690438 0 4538984 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 44 0 1 74 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X ANNA KATRINA OLUJIMI 7182047088 32-37 VERNON BLVD LONG ISLAND CITY NY 11106 MALCOLM C NOLEN CHAIR 2.00 X X 0 0 0 PETER C JACHYM VICE CHAIR & TREASURER 2.00 X X 0 0 0 ANTHONY WILLIAMS SECRETARY 2.00 X X 0 0 0 SPENCER BAILEY TRUSTEE 1.00 X 0 0 0 MAXIMILIAN CORETH TRUSTEE 1.00 X 0 0 0 LUKE E FICHTHORN IV TRUSTEE 1.00 X 0 0 0 CHRISTIANE FISCHER TRUSTEE 1.00 X 0 0 0 ANDREW H FISHER TRUSTEE 1.00 X 0 0 0 ROB FORBES TRUSTEE 1.00 X 0 0 0 GAIL HASHIMOTO TRUSTEE 1.00 X 0 0 0 DAVID D HOLBROOK TRUSTEE 1.00 X 0 0 0 SUSAN KESSLER TRUSTEE 1.00 X 0 0 0 LUCY W LAMPHERE TRUSTEE 1.00 X 0 0 0 JONATHAN J MARVEL TRUSTEE 1.00 X 0 0 0 KAREN MCDONALD TRUSTEE 1.00 X 0 0 0 HIROKO MURASE TRUSTEE 1.00 X 0 0 0 PHYLLIS LALLY SEEVERS TRUSTEE 1.00 X 0 0 0 SARAH WENDELL SHERRILL TRUSTEE 1.00 X 0 0 0 SUNDARAM TAGORE TRUSTEE 1.00 X 0 0 0 IAN WARDROPPER TRUSTEE 1.00 X 0 0 0 CAROL R WARNER TRUSTEE 1.00 X 0 0 0 KULAPAT YANTRASAST TRUSTEE 1.00 X 0 0 0 BRETT LITTMAN DIRECTOR 40.00 X 303394 0 39970 ANNA KATRINA OLUJIMI CFO (AS OF JUNE 2020) 40.00 X 59212 0 7077 JENNIFER LORCH DEPUTY DIRECTOR 40.00 X 194406 0 37214 DANIEL HART SENIOR CURATOR 40.00 X 164309 0 31358 GEORGE JUERGENS FACILITIES DIRECTOR 40.00 X 121880 0 30888 843201 0 146507 4 0 1 0 CARLSON BAKER ARTS LLC 11230 PEORIA STREET SUN VALLEY CA 91352 ARTWORK FABRICATION 277684 LIPPINCOTT LLC 2399 RIDGE ROAD NORTH HAVEN CT 06473 ART FABRICATION 163777 CLIFTON LARSON ALLEN LLP PO BOX 829709 PHILADELPHIA PA 19182 ACCOUNTING SERVICES 104181 3 398702 772192 781090 55436 1951984 MUSEUM ADMISSION FEES 713990 111886 111886 TOUR FEES 713990 10670 10670 WORKSHOP FEES 713990 3125 3125 EXHIBITION FEES 713990 1750 1750 127431 1469989 1469989 391839 391839 5822465 2437249 4849552 0 972913 2437249 3410162 3410162 104728 398702 104728 0 3172101 1012897 2159204 2159204 MISCELLAENOUS 900099 64782 64782 64782 9575391 2286635 0 5336772 406825 182776 156442 67607 2340820 1760482 268974 311364 157184 118310 19191 19683 262243 192252 33589 36402 198903 141548 30032 27323 10006 1199 8807 147011 28187 114367 4457 158316 158316 194878 103732 58396 32750 17149 12062 2605 2482 460484 449394 8671 2419 108044 101627 2139 4278 8996 6975 1710 311 99495 72319 15741 11435 776180 510810 184605 80765 159732 126773 19091 13868 EQUIP. REPAIRS & MAINT. 585409 464045 71017 50347 CONSERVATION 123447 121097 2350 EXHIBITION/PROG COSTS 113331 111904 47 1380 MISCELLANEOUS 51124 30568 18392 2164 3260 2924 336 6382837 4538984 1172132 671721 389408 1070700 145912 760355 680502 592357 292987 337203 851673 882514 629698 983076 31097485 11644758 19983738 19452727 42004166 45619921 86135 84554 23701 23884 65087920 69807291 378082 331702 363247 4421572 4081310 0 29500 4799654 4805759 X 57178504 61796357 3109762 3205175 60288266 65001532 65087920 69807291 X 3192554 1579570 -58858 X 0 1 X 1 0 X 1123096 1428754 2294384 2787836 1951984 9586054 1123096 1428754 2294384 2787836 1951984 9586054 1550817 8035237 1734561 2052374 2755663 2397233 1861828 10801659 167293 9485 37633 35225 64782 314418 20702131 9117933 0.38810 0.37300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 2028026 2028026 3548328 2300311 1248017 24295859 9127772 15168087 458874 216675 242199 766398 766398 19452727 REFUNDABLE ADVANCE 29500 29500 12041102 1579570 31560 1611130 10429972 158316 -1012897 -854581 9575391 7268978 31560 1012897 1044457 6224521 158316 158316 6382837 PART III, LINE 1A: THE MUSEUM MAINTAINS A COLLECTION OF THE WORKS OF ISAMU NOGUCHI. THE VALUE OF THE COLLECTION, WHICH WAS ACQUIRED PURSUANT TO THE WILL OF ISAMU NOGUCHI, IS NOT REFLECTED AS AN ASSET ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE EXPENSED IN THE YEAR OF ACQUISITION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS REVENUE IN THE STATEMENT OF ACTIVITIES. IN ACCORDANCE WITH THE INTENTIONS OF ISAMU NOGUCHI, 475 WORKS ARE DESIGNATED AND MAINTAINED AS THE MUSEUM'S PERMANENT COLLECTION. THIS PORTION OF THE COLLECTION IS HELD FOR PUBLIC SERVICE RATHER THAN FINANCIAL GAIN, PROTECTED AND PRESERVED, AND SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF SUCH ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. IN ADDITION TO THE WORKS IN ITS PERMANENT COLLECTION, AND ALSO IN ACCORDANCE WITH THE INTENTIONS OF ISAMU NOGUCHI, THE MUSEUM MAINTAINS APPROXIMATELY 3,200 OTHER WORKS, REFERRED TO AS THE RESIDUAL WORKS. THESE WORKS ARE HELD BY THE MUSEUM TO AUGMENT THE PERMANENT COLLECTION, BUT FROM TIME TO TIME MAY BE SOLD OR OTHERWISE TRANSFERRED TO SUPPORT THE PROGRAMS AND OPERATIONS OF THE MUSEUM IN ACCORDANCE WITH ITS COLLECTIONS MANAGEMENT POLICY, AND TRANSFERRED TO THE MUSEUM'S RESERVE FUND, WHICH IS USED TO SUPPORT THE PROGRAMS AND OPERATIONS OF THE MUSEUM. A DESCRIPTION OF THE CONTENTS OF THE PERMANENT COLLECTION AND THE RESIDUAL WORKS IS MAINTAINED BY THE REGISTRAR. THE WORKS OF BOTH ARE INSURED FOR $35,000,000 PLUS $25,000,000 FOR ITEMS ON LOAN AT OTHER LOCATIONS. PART III, LINE 4: THE NOGUCHI MUSEUM MANAGES THE WORLD'S LARGEST AND MOST EXTENSIVE COLLECTION OF NOGUCHI'S ART AND IS DEDICATED TO THE PRESERVATION OF THIS BODY OF WORK. THERE ARE 475 OBJECTS IN THE MUSEUM'S PERMANENT COLLECTION WHICH INCLUDE STONE, SCULPTURES, CERAMICS, DANCE SETS, DRAWINGS, FURNITURE, SCULPTURAL MODELS, PORTRAIT HEADS, AND MODELS FOR PUBLIC WORKS. WHILE DESIGNING AND CURATING HIS MUSEUM, NOGUCHI SELECTED SEVERAL OF THESE WORKS TO BE ON PERMANENT DISPLAY IN THE MUSEUM'S GALLERIES. IN ADDITION TO SHOWCASING ITS PERMANENT COLLECTION FOR THE PUBLIC, THE NOGUCHI MUSEUM ALSO SERVES THE INTERNATIONAL COMMUNITY BY LOANING WORKS TO OTHER INSTITUTIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD BENEFIT EVENT 503430 398702 104728 27868 76860 503430 398702 104728 27868 76860 104728 0 X 1 1 X X 0 0 0 0 0 0 0 0 0 BRETT LITTMAN DIRECTOR 303394 0 0 0 0 0 30484 0 9486 0 343364 0 0 0 JENNIFER LORCH DEPUTY DIRECTOR 194406 0 0 0 0 0 19556 0 17658 0 231620 0 0 0 DANIEL HART SENIOR CURATOR 164309 0 0 0 0 0 16431 0 14927 0 195667 0 0 0 GEORGE JUERGENS FACILITIES DIRECTOR 121880 0 0 0 0 0 12388 0 18500 0 152768 0 0 0 PART I, LINE 1A THE MUSEUM DIRECTOR IS REIMBURSED FOR MEMBERSHIP IN A SOCIAL CLUB USED FOR MEETING WITH MUSEUM CONTACTS. A NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY 132906040 NC0058294 2003-02-26 9000000 TO PAY FOR REFINANCING AND RENOVATIONS OF THE NEW MUSEUM SPACE 1 1 0 A 47013 9000000 8952987 2004 0 0 0 0 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 0 1 0 0 0 0 A 0 X 2 25755 FAIR MARKET VALUE X CAPITAL COSTS 1 29681 FAIR MARKET VALUE 0 0 0 0 PART I, LINE 33: THE MUSEUM DOES NOT CAPITALIZE ITS COLLECTION IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. ACCORDINGLY, CONTRIBUTIONS OF ARTWORK TO THE MUSEUM'S COLLECTION ARE NOT RECOGNIZED AS REVENUE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM IS PREPARED BY THE MUSEUM'S INDEPENDENT EXTERNAL ACCOUNTING FIRM, AND IS REVIEWED IN DETAIL BY THE CFO. ONCE THE DETAILS ARE REVIEWED AND CONFIRMED, THE FORM IS GIVEN TO THE MUSEUM'S DIRECTOR AND BOARD OF TRUSTEES FOR REVIEW. ONCE ALL COMMENTS, QUESTIONS AND OBSERVATIONS ARE ADDRESSED, THE FORM IS FINALIZED, AND IS SIGNED BY THE MUSEUM'S DIRECTOR AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH YEAR A CONFLICT OF INTEREST STATEMENT IS SENT TO ALL TRUSTEES AND ALL "KEY PERSONS", IN WHICH THE PERSONS DISCLOSE CONFLICT OF INTEREST, IF ANY. THESE STATEMENTS ARE SIGNED AND RETURNED TO THE MUSEUM FOR REVIEW. IF A CONFLICT IS DISCOVERED IT IS BROUGHT TO THE ATTENTION OF THE CHAIRMAN OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE MEMBERS OR THE MUSEUM'S DIRECTOR, AS APPROPRIATE AND A DECISION IS MADE AS TO HOW TO RESOLVE THE PARTICULAR CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 PER THE MUSEUM'S BY-LAWS, THE DIRECTOR'S COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD CHAIR AND EXECUTIVE COMMITTEE. COMPENSATION FOR ALL EMPLOYEES, INCLUDING KEY EMPLOYEES, IS REVIEWED ANNUALLY AND BENCHMARKED WITH AAMD'S PUBLISHED ANNUAL SALARY SURVEY FOR U.S. MUSEUMS. COMPENSATION AND BENEFITS ARE THEN APPROVED BY THE BOARD'S FINANCE COMMITTEE. HISTORICALLY, WHEN SEARCHING FOR A NEW DIRECTOR, AND SOMETIMES KEY EMPLOYEES, THE MUSEUM WILL HIRE A RECRUITING FIRM, WHICH WILL ADVISE ON MARKET COMPENSATION, WHICH IS ULTIMATELY APPROVED BY THE BOARD OF TRUSTEES. COMPENSATION REVIEW OCCURS ANNUALLY ON THE HIRE DATE ANNIVERSARY OF THE DIRECTOR (LAST OCCURRENCE WAS IN MAY OF 2021) AND AS PART OF THE ANNUAL PERFORMANCE REVIEW PROCESS OF KEY POSITIONS (LAST OCCURRENCE WAS IN NOVEMBER OF 2020). FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING PRINCIPLE -58,858.