2020-12-16T08:53:54-06:00 2020-06-30 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2019-07-01 061422234 NEW BRITAIN MUSEUM OF AMERICAN ART INC NEWB 8602290257 56 LEXINGTON STREET NEW BRITAIN CT 06052 JOHN BOMBARA TREASURER 8602290257 2020-12-15 1 LORI ROTHE YOKOBOSKY CPA P01273422 9592007000 2020-12-15 2019 2022-09-23 18:48:47Z JOHN BOMBARA 56 LEXINGTON STREET NEW BRITAIN CT 06052 6961262 0 X WWW.NBMAA.ORG X 1903 CT THE MISSION OF THE MUSEUM IS TO ACQUIRE, HOUSE, EXHIBIT, INTERPRET, RESEARCH, AND CONSERVE WORKS IN ALL ARTISTIC MEDIA BY ARTISTS WHO ARE AMERICAN CITIZENS; OR HAVE PRODUCED A SIGNIFICANT BODY OF WORK WHILE LIVING IN THE UNITED STATES; OR CONTRIBUTE TO ILLUMINATING THE EVOLVING STORY OF THE UNITED STATES OF AMERICA AND THE NOTION OF WHAT IS "AMERICAN," THROUGH THE VISUAL ARTS; AND TO OPERATE A MUSEUM WHERE ITS COLLECTION, AS WELL AS BORROWED WORKS, MAY BE DISPLAYED FOR THE ENJOYMENT AND EDUCATION OF THE PUBLIC. 29 29 74 114 0 0 2595337 3549124 769331 580774 2081909 1399560 86350 45825 5532927 5575283 0 0 0 0 1700100 1819324 32500 35000 362523 3020520 2366797 4753120 4221121 779807 1354162 48447105 48694639 724929 825523 47722176 47869116 X THE MISSION OF THE MUSEUM IS TO ACQUIRE, HOUSE, EXHIBIT, INTERPRET, RESEARCH, AND CONSERVE WORKS IN ALL ARTISTIC MEDIA BY ARTISTS WHO ARE AMERICAN CITIZENS; OR HAVE PRODUCED A SIGNIFICANT BODY OF WORK WHILE LIVING IN THE UNITED STATES; OR CONTRIBUTE TO ILLUMINATING THE EVOLVING STORY OF THE UNITED STATES OF AMERICA AND THE NOTION OF WHAT IS "AMERICAN," THROUGH THE VISUAL ARTS; AND TO OPERATE A MUSEUM WHERE ITS COLLECTION, AS WELL AS BORROWED WORKS, MAY BE DISPLAYED FOR THE ENJOYMENT AND EDUCATION OF THE PUBLIC. 0 0 2649891 561341 THE ACQUISITION, PRESENTATION, AND PRESERVATION OF AMERICAN ART ARE AT THE FOREFRONT OF OUR MISSION. AROUND 6% OF OUR COLLECTION IS ON DISPLAY FOR THE ENJOYMENT OF THE GENERAL PUBLIC. OTHER OBJECTS ARE AVAILABLE TO SCHOLARS FOR STUDY OR FOR LOAN TO OTHER MUSEUMS AND SELECT CORPORATIONS, ORGANIZATIONS AND PUBLIC AGENCIES. THE MUSEUM'S COLLECTION, NUMBERING OVER 8,000 WORKS AND SPANNING FIVE CENTURIES, REFLECTS STRENGTH IN COLONIAL PORTRAITURE, THE HUDSON RIVER SCHOOL, AMERICAN IMPRESSIONISM AND THE EIGHT. HIGHLIGHTS OF THE COLLECTION INCLUDE THOMAS HART BENTON'S MURAL SERIES "THE ARTS OF LIFE IN AMERICA," DALE CHIHULY'S "BLUE AND BEYOND BLUE" CHANDELIER, AND OVER 500 WORKS BY SOL LEWITT. IN ADDITION TO DISPLAYING A SELECTION OF ITS PERMANENT COLLECTION, THE MUSEUM MOUNTS 10+ CHANGING EXHIBITIONS PER YEAR. HIGHLIGHTS OF THE EXHIBITION ROSTER INCLUDE: THE RAFT, AND KARA WALKER: HARPER'S PICTORIAL HISTORY OF THE CIVIL WAR (ANNOTATED). THE NBMAA REACHES AUDIENCES OF ALL AGES, ETHNICITIES, AND INTERESTS THROUGH ITS BROAD RANGE OF AGE-APPROPRIATE EDUCATIONAL PROGRAMMING. STUDENTS, CHAPERONES, AND EDUCATORS FROM THROUGHOUT CONNECTICUT AND BEYOND PARTICIPATE IN PROGRAMMING. 455047 65258 EDUCATION IS CENTRAL TO THE MUSEUM'S MISSION ENGAGING NEARLY HALF OF ALL VISITORS IN A VARIETY OF PROGRAMS FOR ALL AGES. SCHOOL PROGRAMS INCLUDED A VARIETY OF STANDARDS-BASED, THEMED DOCENT-LED SCHOOL TOURS WITH RELATED STUDIO ACTIVITY THAT SUPPORT CLASSROOM TEACHING IN ART, HISTORY, LANGUAGE ARTS, MATH AND SCIENCE. PROFESSIONAL DEVELOPMENT WORKSHOPS FOR EDUCATORS (TOURS, STUDIO ACTIVITIES, AND IDEAS FOR INTEGRATING AMERICAN ART INTO CLASSROOM LEARNING); REGULAR PROGRAMS FOR CHILDREN AND FAMILIES WERE OFFERED WEEKLY AND DURING SCHOOL VACATIONS, TAUGHT BY ARTISTS/EDUCATORS AND/OR MUSEUM EDUCATORS AND SERVE CHILDREN OF ALL AGES- FROM INFANTS AND TODDLERS TO TEENS INCLUDING COMMUNITY DAYS, FAMILY DAYS, HOMESCHOOL DAYS, SCOUT PROGRAMS, AND BIRTHDAY PARTIES. ADULT PROGRAMMING CONSISTED OF: GALLERY TALKS, LECTURES, SYMPOSIA, PANEL DISCUSSIONS, AND TOURS; MONTHLY SUNDAY MUSIC SERIES.; FILM SCREENINGS; WEEKLY ADULT STUDIO PROGRAMS: (SKETCHING, WATERCOLORS, PAINTING, PHOTOGRAPHY); THURSDAY EVENING AND WEEKEND STUDIO WORKSHOPS; DROP-IN DOCENT-LED TOURS OF THE PERMANENT COLLECTIONS; SPECIALTY EXHIBITION TOURS; DOCENT-LED TOURS FOR ADULT/COLLEGE GROUPS; A REGULARLY SCHEDULED DOCENT TRAINING PROGRAM; EXHIBITION OPENINGS INCLUDING STUDENT ART SHOW OPENINGS AND MEMBERS ONLY PREVIEWS; AND THE NBMAA TRAVEL PROGRAM: ART-INTENSIVE TRIPS. 3104938 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 63 0 1 74 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 29 29 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CT X JOANNE HUMEN 8602290257 56 LEXINGTON STREET NEW BRITAIN CT 06052 ALBERT TOMASSO TRUSTEE 0.10 X 0 0 0 ANITA FERRANTE CHAIRMAN 0.10 X X 0 0 0 BEVERLY BUCKNER-BAKER TRUSTEE 0.10 X 0 0 0 CAROLYN JOSEPH OUTGOING TRUSTEE 0.10 X 0 0 0 CYNTHIA COOPER TRUSTEE 0.10 X 0 0 0 DAVID JEPSON TRUSTEE 0.10 X 0 0 0 DAVID POLK TRUSTEE 0.10 X 0 0 0 DONA CASSSELLA TRUSTEE 0.10 X 0 0 0 DR PETER BYEFF TRUSTEE 0.10 X 0 0 0 ESTHER PRYOR OUTGOING TRUSTEE 0.10 X 0 0 0 GARY KNOBLE TRUSTEE 0.10 X 0 0 0 JAMIE H COHEN TRUSTEE 0.10 X 0 0 0 JOHN C BOMBARA TREASURER 0.10 X X 0 0 0 JOHN DOWNES TRUSTEE 0.10 X 0 0 0 JOHN HOWARD PAST CHAIRMAN 0.10 X X 0 0 0 JOHN M JEZOWSKI TRUSTEE 0.10 X 0 0 0 JOHN R RATHGEBER OUTGOING TRUSTEE 0.10 X 0 0 0 KAY KNIGHT CLARKE VICE CHAIRMAN 0.10 X X 0 0 0 KELLY JARVIS TRUSTEE 0.10 X 0 0 0 KENNETH J CARIFA SECRETARY 0.10 X X 0 0 0 MARGARET MARCHAK OUTGOING TRUSTEE 0.10 X 0 0 0 MELINDA SULLIVAN TRUSTEE 0.10 X 0 0 0 MICHELE PARROTTA TRUSTEE 0.10 X 0 0 0 NEAL FREUDEN TRUSTEE 0.10 X 0 0 0 PETER YU TRUSTEE 0.10 X 0 0 0 RENE ROSADO TRUSTEE 0.10 X 0 0 0 RUSSELL E BURKE III TRUSTEE 0.10 X 0 0 0 SUSAN WARNER TRUSTEE 0.10 X 0 0 0 TANIA PICHARDO WEISS TRUSTEE 0.10 X 0 0 0 THOMAS C FLANIGAN TRUSTEE 0.10 X 0 0 0 THOMAS SOYSTER TRUSTEE 0.10 X 0 0 0 TODD STITZER TRUSTEE 0.10 X 0 0 0 WILLIAM CHASE TRUSTEE 0.10 X 0 0 0 MIN JUNG KIM DIRECTOR & CEO 40.00 X 236602 0 20985 236602 0 20985 1 0 1 0 ENVIRONMENTAL SYSTEMS CORP 18 JANSEN COURT WEST HARTFORD CT 06110 HVAC SYSTEMS MAINTENANCE AND REPAIRS 237378 CRYSTAL BRIDGES MUSEUM OF AMERICAN ART 600 MUSEUM WAY BENTONVILLE AR 72712 EXHIBIT FEES 154244 SK MECHANICAL LLC 266 CENTER ST MANCHESTER CT 06040 BOILER REPLACEMENT 121790 TAB COMPUTER SYSTEMS INC 29 BISSEL ST EAST HARTFORD CT 06108 COMPUTER, SERVER AND NETWORK SUPPORT 108161 4 203053 797814 2548257 28627 3549124 ADMISSION AND OTHER EARNED INCOME 713990 580774 580774 580774 1394828 1394828 1330980 5256 1331504 0 -524 5256 4732 4732 100300 54475 45825 45825 5575283 626599 0 1399560 245382 81794 81794 81794 1318032 975052 186943 156037 46996 37130 6102 3764 88848 65157 13781 9910 120066 84483 20213 15370 26478 11989 10221 4268 14210 14210 35000 35000 96358 96358 271777 118332 132931 20514 96714 95227 410 1077 247079 221003 17849 8227 334696 277562 55524 1610 16292 10447 5064 781 57249 37861 17335 2053 12675 11401 1274 760920 730483 22828 7609 50483 42446 8037 EQUIPMENT & RENTAL MAIN 174213 144474 28901 838 REPAIRS & MAINTENANCE 130042 107843 21573 626 COLLECTION AND EXHIBITI 40650 40650 MISCELLANEOUS 19802 3835 5688 10279 17159 7769 6624 2766 4221121 3104938 753660 362523 158425 801966 624645 1013473 11248 6234 116233 117481 190609 116352 31125285 8544176 22453447 22581109 23763564 22937972 1128934 1120052 48447105 48694639 351353 232948 198459 440166 129046 110708 46071 41701 724929 825523 X 37744221 36918456 9977955 10950660 47722176 47869116 48447105 48694639 X 1354162 -1210447 3225 X X 0 1 X 1 0 X 2087263 1436980 1602619 2595337 3549124 11271323 2087263 1436980 1602619 2595337 3549124 11271323 1063957 10207366 1569668 951815 1458642 2073156 1394826 7448107 205612 221925 366768 73905 868210 19587640 3764266 0.52110 0.61200 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING EVENTS - 2015 AMOUNT: $ 205,612. 2016 AMOUNT: $ 221,925. 2017 AMOUNT: $ 366,768. 2018 AMOUNT: $ 73,905. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 1 23727798 125000 36811 977251 22912358 23146016 830745 1375245 1624208 23727798 22754434 309454 1358505 1276378 23146016 21202895 165144 2655980 1269585 22754434 21801590 417726 129643 1146064 21202895 0.63100 0.18700 0.18200 1 0 1126742 1126742 28074472 7677384 20397088 1642291 866792 775499 281780 281780 22581109 CHARITABLE GIFT ANNUITY 41701 41701 X 4363770 -1210447 37592 3225 -1169630 5533400 96358 -54475 41883 5575283 4216830 37592 54475 92067 4124763 96358 96358 4221121 PART III, LINE 1A: THE MUSEUM'S COLLECTION HAS NOT BEEN CAPITALIZED OR REPORTED IN THE STATEMENTS OF FINANCIAL POSITION. EACH OF THE ITEMS IS CATALOGED, PRESERVED AND CARED FOR. COSTS OF PURCHASING ART ARE RECOGNIZED AS AN EXPENSE IN THE YEAR OF ACQUISITION; PROCEEDS FROM SALE AND INSURANCE RECOVERIES ARE RECOGNIZED AS REVENUE IN THE YEAR OF SALE OR LOSS. PART III, LINE 4: THE ACQUISITION, PRESENTATION, AND PRESERVATION OF AMERICAN ART IS AT THE FOREFRONT OF OUR MISSION. AROUND 6% OF OUR COLLECTION IS ON DISPLAY ON A DAILY BASIS FOR THE ENJOYMENT OF THE GENERAL PUBLIC. OTHER OBJECTS ARE AVAILABLE TO SCHOLARS FOR STUDY OR FOR LOAN TO OTHER MUSEUMS AND SELECT CORPORATIONS, ORGANIZATIONS AND PUBLIC AGENCIES. THE MUSEUM'S COLLECTION, NUMBERING OVER 8,000 WORKS AND SPANNING FOUR CENTURIES, REFLECTS STRENGTH IN COLONIAL PORTRAITURE, THE HUDSON RIVER SCHOOL, AMERICAN IMPRESSIONISM AND THE EIGHT. THE COLLECTION INCLUDES THOMAS HART BENTON'S MURAL SERIES "THE ARTS OF LIFE IN AMERICA," DALE CHIHULY'S "BLUE AND BEYOND BLUE" SPECTACULAR CHANDELIER, AND OVER 500 WORKS OF ART BY SOL LEWITT. PART V, LINE 4: THE MUSEUM'S ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE USED TO SUPPORT THE MUSEUM'S MISSION. PART X, LINE 2: THE MUSEUM HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2020 AND 2019. THE MUSEUM'S FEDERAL INFORMATION RETURNS PRIOR TO FISCAL YEAR 2016 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE MUSEUM HAS UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENTS OF FINANCIAL POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 12,107. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS -8,882. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -54,475. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 54,475. X X X X X X X 1 MARINA LURI EVENTS LLC 1 HARTFORD SQUARE STE 203 NEW BRITAIN CT 06052 ANNUAL GALA 0 0 35000 -35000 35000 -35000 CT 1 X X X 0 0 0 0 0 0 0 0 0 MIN JUNG KIM DIRECTOR & CEO 236602 0 0 0 0 0 10704 0 10281 0 257587 0 0 0 X 5 15255 FMV X AUCTION ITEMS 5 13372 FMV 0 1 0 PART I, LINE 33: CONTRIBUTED ART IS NOT INCLUDED IN REVENUE OR EXPENSE IN THE MUSEUM'S FINANCIAL STATEMENTS PER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. VALUES ARE DETERMINED FOR CHARITABLE DEDUCTIONS AS NECESSARY TO SUPPORT INDIVIDUAL DONOR NEEDS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS MEMBERS, WHO MAY ELECT ONE OR MORE TRUSTEES OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS OF THE MUSEUM ELECT THE TRUSTEES AT THE ANNUAL MEETING. THE TRUSTEES, COLLECTIVELY AS A BOARD, REPRESENTS THE MUSEUM'S GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS AND APPROVES THE FORM 990 AND PROVIDES TO THE BOARD OF TRUSTEES BEFORE THE FORM 990 IS FILED EACH YEAR. FORM 990, PART VI, SECTION B, LINE 12C THE MUSEUM MAINTAINS A CODE OF ETHICS AND REQUIRES ANNUALLY THAT EACH OFFICER, TRUSTEE, DIRECTOR AND KEY EMPLOYEE COMPLETE A CODE OF ETHICS QUESTIONNAIRE WHICH ACKNOWLEDGES A COMMITMENT TO COMPLY AND TO PROVIDE RELEVANT INFORMATION ASSOCIATED WITH THE ADMINISTRATION OF THE CODE OF ETHICS AND TO MEET CERTAIN REGULATORY REPORTING. THE CODE OF ETHICS AND RELATED REPORTING IS ADMINISTERED BY THE CHAIRMAN OF THE BOARD OF TRUSTEES AND THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE, COMPRISED OF EIGHT INDEPENDENT TRUSTEES, DETERMINES THE COMPENSATION OF THE MUSEUM'S DIRECTOR AND CEO AND OTHER OFFICERS OR KEY EMPLOYEES. THE COMMITTEE EVALUATES THE REASONABLENESS OF COMPENSATION BASED ON PERFORMANCE AND REVIEW OF THE ASSOCIATION OF ART MUSEUM DIRECTORS (AAMD) ANNUAL SALARY SURVEY TO CONSIDER THE SALARY RANGES FOR THE POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 12,107. CHANGE IN VALUE OF BENEFICIAL INTERST IN PERPETUAL TRUSTS -8,882. FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES MADE TO THE ORGANIZATION'S AUDIT COMMITTEE OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.