2021-10-14T12:54:12-07:00 2020-11-30 134008324 PricewaterhouseCoopers LLP 655 New York Ave NW Suite 1100 Washington DC 20005 990PF 2019-12-01 956038921 Norton Simon Art Foundation NORT 6264327740 385 E Colorado Blvd Pasadena CA 91101 Ronald H Dykhuizen CFO 2021-10-14 true Travis L Patton P00369623 2024141000 2019 2022-09-23 18:48:47Z X 2053862144 X X 887 887 887 2105632 2105632 2105632 1417484 1417484 1417484 1403589 -1759582 26078597 1238 411 827 827 377983 1771458 377983 2143231 5295461 3902813 697883 265195 265195 432688 974073 111128 111128 843062 507198 121624 121624 380899 94493 1739 1739 72927 34000 5060 8310 31825 149871 147901 147901 1970 175969 10747 10747 23965 4793 4793 16941 3204 144 144 8502 19137 19323 1198228 114995 407171 768123 3878021 783326 1078752 2576260 0 0 3878021 783326 1078752 2576260 -1734790 4512135 2824061 3689 3690 3690 190472 154730 154730 18633 22749 18633 18633 93677 102258 102258 592218 516144 516144 123408126 141862980 141862980 2255560 1249169 1006391 1006391 34700000 72909902 76646363 76646363 4909399 4151765 464725 757634 757634 158141018 158141018 1799099712 356832967 379209841 2053862144 558109 756452 558109 756452 X 356274858 356274858 378453389 356832967 379209841 356274858 -1734790 23913321 378453389 378453389 Publicly-traded securities LT gain P 2010-01-01 2020-01-01 6399683 5828690 570993 570993 Publicly-traded securities ST gain P 2020-01-01 2020-01-01 114681 108456 6225 6225 N/A AQR All Country Int Equ Fd, LP - LT P 2010-01-01 2020-01-01 14061529 15300000 -1238471 -1238471 N/A AQR All Country Int Equ Fd, LP - ST P 2020-01-01 2020-01-01 689291 750000 -60709 -60709 34,355 shs BlackRock MSCI ACWI Min Vol Ind Fd B LT P 2010-01-01 2020-01-01 552643 448406 104237 104237 44 shs BlackRock U.S. TIPS Fund B LT P 2010-01-01 2020-01-01 1078 942 136 136 685 shs CoreCommodity Founders II Fd (Cayman) LT P 2010-01-01 2020-01-01 3608844 5379155 -1770311 -1770311 Capital Gains Distributions P 2010-01-01 2020-01-01 650848 22030 628818 628818 K-1 - AQR All Country Int Equ Fd - LT P 2010-01-01 2020-01-01 182068 -182068 -182068 K-1 - AQR All Country Int Equ Fd - ST P 2020-01-01 2020-01-01 208769 -208769 -208769 K-1 - BlackRock MSCI ACWI Min Vol Ind LT P 2010-01-01 2020-01-01 1471120 1471120 1471120 K-1 - BlackRock MSCI ACWI Min Vol Ind ST P 2020-01-01 2020-01-01 87101 -87101 -87101 K-1 - BlackRock U.S. TIPS Fund B - LT P 2010-01-01 2020-01-01 24493 24493 24493 K-1 - BlackRock U.S. TIPs Fund B - ST P 2020-01-01 2020-01-01 4859 4859 4859 K-1 - JPMorgan US Large Cap 130/30 Fd LT P 2010-01-01 2020-01-01 715346 715346 715346 K-1 - JPMorgan US Large Cap 130/30 Fd ST P 2020-01-01 2020-01-01 137255 -137255 -137255 -158457 -482750 X 1987-07-15 N/A false false false false true false false true true CA true true false false false true www.nortonsimonartfoundation.org Ronald H Dykhuizen 6264327740 385 E Colorado Blvd Ste 240 Pasadena CA 91101 false false false true true false false false false false false false false false false false false false false false false false Walter W Timoshuk 385 E Colorado Blvd Ste 240 Pasadena CA 91101 President 30.00 360184 78714 Ronald H Dykhuizen 385 E Colorado Blvd Ste 240 Pasadena CA 91101 CFO 30.00 180667 46587 Stephanie Villasenor 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Secretary 37.50 157032 20141 Sara Campbell Abdo 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Trustee 1.00 0 Dr Johannes Czernin 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Trustee 1.00 0 Thomas L Pfister 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Trustee 1.00 0 Dr Michael E Phelps 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Trustee 1.00 0 Nancy Shelmon 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Trustee 1.00 0 Nina Shepherd 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Trustee 1.00 0 Leslie Denk 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Dir of Ext Affairs 28.00 87375 26560 Carol Togneri 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Senior Curator 20.00 93600 9360 John Griswold 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Conservator 28.00 82500 19550 Sandra Chen 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Senior Accountant 28.00 68534 28188 Cindy Schembri 385 E Colorado Blvd Ste 240 Pasadena CA 91101 Controller 19.00 65250 14507 5 Munger Tolles & Olson LLP 350 S Grand Ave 50th Fl Los Angeles CA 90071 Legal counsel 86932 Wilshire Associates Inc 1299 Ocean Avenue Ste 700 Santa Monica CA 90401 Investment consultant 65268 The Foundation maintains an art collection, which it loans to museums for exhibition to the public. Most of the Foundation's art is on loan to the Norton Simon Museum. 2322588 Acquisition of equipment and miscellaneous capitalized expenditures for the promotion of the Foundation's charitable purpose. 421058 The Foundation produces scholarly catalogues on the collections displayed at the Norton Simon Museum. 146859 The Foundation conducts a series of art-related lectures and performances. From March 2020 forward, art related lectures and performances were presented to the public virtually. 106813 196189864 1766163 34780570 232736597 0 232736597 3491049 229245548 11462277 X 2576260 421058 2997318 2997318 1971-09-08 X 2824061 2890502 2872719 3433127 12020409 2400452 2456927 2441811 2918158 10217348 2997318 3434347 2993793 3055419 12480877 2997318 3434347 2993793 3055419 12480877 2032597755 1925945983 1641575551 1620175818 1369639485 1799779763 1705032810 1424542109 1419067324 2053454710 0 X Management Fee Income 372300 Rental Income- Audio Tour 5505 14 887 14 2105632 16 1403589 15 178 18 -1759582 827 1750704 378632 2129336 1a The Foundation provides support services to The Norton Simon Foundation (a 501(c)(3) organization) for a management fee. 1b Audio Tours provide additional information on artwork in the Foundation's collection. They may be rented for a small fee. 10 Inventory sold is limited to scholarly art catalogues produced by the Foundation. false false false false false false false false false false Audit, tax and accounting fees 34000 5060 8310 31825 Walter W Timoshuk Mr. Timoshuk is also a Trustee and Chair. Employee benefit plans contribution amount includes $49,627 accrued to a nonqualified deferred compensation plan that is unfunded, unvested, and subject to a substantial risk of forfeiture.Reported amounts include $72,037 of compensation and $5,817 of benefits related to support services provided to The Norton Simon Foundation. Ronald H Dykhuizen Mr. Dykhuizen is also a Trustee, Vice President, Treasurer and Assistant Secretary. Employee benefit plans contribution amount includes $17,981 accrued to a nonqualified deferred compensation plan that is unfunded, unvested, and subject to a substantial risk of forfeiture. Reported amounts include $36,133 of compensation and $5,721 of benefits related to support services provided to The Norton Simon Foundation. Stephanie Villasenor Ms. Villasenor is also Vice President. Reported amounts include $31,406 of compensation and $4,028 of benefits related to support services provided to The Norton Simon Foundation. Dr Michael E Phelps Dr. Phelps is also Vice President. Light fixtures 2011-11 Purchase 2020-07 Disposal of asset 4998 Cost -500 4498 Adjust for Non-Book Gain/Loss 2010-01 Purchase 2020-01 2215818 FMV 615193 -1600625 BlackRock MSCI ACWI Min Vol Index Fund B 40234646 40234646 EuroPacific Growth Fund 40633336 40633336 JPMorgan U.S. Large Cap 130/30 Fund 27597076 27597076 Principal Real Estate Securities Fund 8948665 8948665 Vanguard Total Stock Market Index Fund 24449257 24449257 Buildings 1249169 1249169 4700000 Land 1006391 1006391 30000000 Dodge & Cox Income Fund FMV 43205995 43205995 Vanguard Long-Term Treas Index Fund FMV 7199063 7199063 BlackRock US TIPS Lending Fund B FMV 3055661 3055661 The Weatherlow Offshore Fund I Ltd. FMV 23184781 23184781 Hillcrest Beverly Oil Corp (Royalty Int) FMV 863 863 Furniture and Fixtures 4058044 3343465 714579 714579 Machinery and Equipment 823267 780212 43055 43055 Improvements 28088 28088 Art related legal fees 86932 0 0 67398 Employee benefits related legal fees 7561 1739 1739 5529 Collection of Art 158141018 157983813 1798444640 Frames 148205 646072 Other 9000 9000 Advertising 27440 27134 Art Exp - Audio tour expenses 16784 5505 11279 Art Exp - Auditorium events 14449 15049 Art Exp - Conservation 39000 39000 Art Exp - Consulting, curatorial 13938 18348 Art Exp - Other 58387 48412 Art Exp - Publicity 35098 30393 Art Exp - Rights & reproductions 330 330 Art Exp - Scholarly catalogues 43478 59720 Art Exp - Security system 71525 70759 Art Exp - Signage 18959 17822 Art Exp - Website development 21133 13055 Insurance - Art 490881 483737 Insurance - Crime 4490 4490 4490 Insurance - Other 22043 5069 5069 16794 Insurance - Property 4632 4632 18527 Investment - Custodian fee 22728 22728 22728 Management fee adjustment 286671 -286671 Office Exp - Bank/payroll fees 17653 4061 4061 14061 Office Exp - Comp supps/expenses 161160 37067 37067 113774 Office Exp - Offsite storage 19969 4593 4593 17179 Office Exp - Other 41205 9477 9477 30579 Office Exp - Supplies & postage 12359 2844 2844 9271 Office Exp - Telephone 26692 6139 6139 18098 Rental Expenses 13895 13895 Management Fee Income 372300 85629 372300 Other Investment Income 178 1685829 178 Rental Income- Audio Tour 5505 5505 Net change in unrealized gain on investment 23913321 Investment consulting fees 65268 65268 65268 0 Investment management fees 82046 82046 82046 0 Miscellaneous consulting fees 2557 587 587 1970 1238 411 827