MUSEUM OF AMERICAN FINANCE: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- MUSEUM OF AMERICAN FINANCE (EIN 13-3540880)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202023219349323667
- Schema version
- 2019v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T20:05:06-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271728945 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 665 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133540880 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUSEUM OF AMERICAN FINANCE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MUSE | BusinessNameControlTxt |
| Phone | 2129084110 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 BROADWAY 5TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID COWEN | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 2129084619 | PhoneNum |
| Signature | 2020-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2020-11-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 68.175.34.111 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-16 | IPDt |
| IP Tm | 16:40:31 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | B29914CEB47F2C50F9800CDE5B5AE22990D509AB | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DAVID COWEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 BROADWAY 5TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,467,973 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MOAF.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1982 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE MUSEUM HAS A COMBINATION OF PERMANENT AND CHANGING EXHIBITS THAT FOCUS ON ASPECTS OF THE WORLD OF FINANCE. ONE MAJOR EXHIBIT PRESENTS THE FINANCIAL MARKETS- SEPARATE MEDIA TOWERS ON THE STOCK MARKET, THE BOND MARKET AND COMMODITIES. THE EXHIBIT ON BANKING INCLUDES A SECTION ON THE HISTORY OF THE CENTRAL BANK. THE "MONEY" GALLERY DEPICTS THE HISTORY OF CURRENCY IN NORTH AMERICA OVER THE PAST 400 YEARS, FROM A BEAVER PELT AND WAMPUM TO THE $1,000 BILL. WE ALSO HAVE A GALLERY DEVOTED TO ALEXANDER HAMILTON, THE FIRST SECRETARY OF THE TREASURY, WHO ESTABLISHED THE NATIONAL DEBT TO PAY FOR THE REVOLUTIONARY WAR. IN 2008 WE OPENED A CHANGING EXHIBIT ON THE DEVELOPMENT OF STOCK TRADING, ENTITLED "TRADING ON THE STREET." IT INCLUDED THE ORIGINAL BUTTONWOOD AGREEMENT FROM 1792 - THE FIRST AGREEMENT BETWEEN TRADERS THAT FOUNDED THE NYSE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 33 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 32 | VotingMembersIndependentCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Total Volunteers | 32 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,595,857 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,361,626 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $26,926 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,851 | CYProgramServiceRevenueAmt |
| PY Investment Income | $4,659 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,996 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,475,112 | PYOtherRevenueAmt |
| CY Other Revenue | -$51,974 | CYOtherRevenueAmt |
| PY Total Revenue | $3,102,554 | PYTotalRevenueAmt |
| CY Total Revenue | $1,323,499 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,327,876 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,146,922 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $309,643 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,032,448 | PYOtherExpensesAmt |
| CY Other Expenses | $505,309 | CYOtherExpensesAmt |
| PY Total Expenses | $2,360,324 | PYTotalExpensesAmt |
| CY Total Expenses | $1,652,231 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $742,230 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$328,732 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $582,375 | TotalAssetsBOYAmt |
| Total Assets EOY | $237,433 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $579,448 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $563,237 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,927 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$325,804 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF THE MUSEUM OF AMERICAN FINANCE IS TO CREATE PUBLIC BENEFIT THROUGH THE ACQUISITION, PRESERVATION AND DISPLAY OF FINANCIAL OBJECTS AND INFORMATION, SHOWCASING THE BREADTH, IMPORTANCE AND RICHNESS OF AMERICAN FINANCIAL HISTORY AND PROVIDING A DEEPER UNDERSTANDING OF FINANCIAL MARKETS AND THE NATION'S ECONOMY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $579,281 | ExpenseAmt |
| Revenue | $6,621 | RevenueAmt |
| Desc | COLLECTION AND EXHIBITION PROGRAMSIN 2018, THE MUSEUM VACATED ITS FORMER BUILDING AT 48 WALL STREET DUE TO A FLOOD IN ITS SPACE IN JANUARY 2018. NONE OF THE COLLECTIONS WERE DAMAGED, AND THE 10,000+ OBJECTS IN ITS CARE WERE IMMEDIATELY MOVED TO A CLIMATE-CONTROLLED ART STORAGE FACILITY IN QUEENS, NEW YORK. SINCE THEN, THE MUSEUM HAS INSTALLED TEMPORARY DISPLAYS AND EXHIBITS IN A VARIETY OF PUBLIC AND PRIVATE SPACES IN NEW YORK CITY AND BEYOND. IN 2019, THE LARGEST OF THESE WAS A LARGE TOUCHSCREEN VERSION OF THE "AMERICA IN CIRCULATION: A HISTORY OF US CURRENCY" EXHIBIT, WHICH WAS INSTALLED IN PAYPAL LOCATIONS IN NEW YORK CITY AND SAN JOSE, CA. SEVERAL OBJECTS FROM THE MUSEUM'S FINANCIAL TECHNOLOGY COLLECTION WERE EXHIBITED IN CHICAGO IN 2019 AS WELL. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $501,081 | ExpenseAmt |
| Revenue | $1,235 | RevenueAmt |
| Desc | COMMUNITY OUTREACH AND EDUCATIONIN 2008, THE MUSEUM INTRODUCED AN EVENING LECTURE/SYMPOSIA SERIES ON FINANCIAL HISTORY AND PRACTICES, WHICH HAS BECOME AN INVALUABLE RESOURCE ON WALL STREET. THE SERIES TACKLES TIMELY CONTEMPORARY ISSUES AND ENRICHING HISTORICAL PERSPECTIVES, AND IT HAS ESTABLISHED A POSITION IN THE FOREFRONT OF AMERICAN FINANCIAL DISCOURSE. OVER THE PAST 10 YEARS, THE EVENING LECTURE SERIES HAS BECOME RECOGNIZED AS A RESPECTED FORUM FOR LEARNING MORE ABOUT THE WORLD OF FINANCE AND GAINING EXPOSURE TO LEADERS IN THE FIELD. MANY NOTABLE EXPERTS IN FINANCE PARTICIPATE IN THIS SERIES EACH YEAR. SPEAKERS HAVE INCLUDED FORMER TREASURY SECRETARIES AND NOBEL LAUREATES, AS WELL AS HEADS OF EXCHANGES AND MAJOR US COMPANIES. THE 2019 SEASON FEATURED NINE PROGRAMS WITH SUCH NOTABLE SPEAKERS AS NOBEL LAUREATE JOSEPH STIGLITZ, NYSE PRESIDENT STACEY CUNNINGHAM, RENOWNED JOURNALISTS JIM GRANT AND STEVE FORBES, AS WELL AS A PANEL DISCUSSION ON "CORPORATE SUSTAINABILITY: IS IT SUSTAINABLE?" AUDIENCE MEMBERS INCLUDE INDIVIDUALS FROM ACROSS THE SPECTRUM OF THE FINANCIAL INDUSTRY, BUT INTERESTED PROFESSIONALS FROM ALL FIELDS ALSO REGULARLY ATTEND, ALONG WITH ACADEMICS AND STUDENTS.BEGINNING IN JANUARY 2018, THESE PROGRAMS HAVE BEEN HELD IN CONJUNCTION WITH THE FORDHAM UNIVERSITY GABELLI CENTER FOR GLOBAL SECURITY ANALYSIS, EITHER AT THEIR LINCOLN CENTER CAMPUS OR THE UNIVERSITY CLUB. THE PROGRAMS IN THIS SERIES ATTRACT BETWEEN 150 AND 225 PEOPLE AND TAKE PLACE AT THE END OF THE WORK DAY. TALKS OR PANEL DISCUSSIONS ARE FOLLOWED BY RECEPTIONS.IN ADDITION TO ITS EVENING LECTURE SERIES, THE MUSEUM ALSO OFFERS 10-12 PROGRAMS PER YEAR IN ITS LUNCH & LEARN SERIES. THESE SMALLER EVENTS ARE TYPICALLY HELD ON THE 5TH FLOOR OF 48 WALL STREET AND FEATURE AUTHORS, JOURNALISTS AND HISTORIANS SPEAKING ON A VARIETY OF CURRENT AND HISTORICAL FINANCIAL TOPICS. APPROXIMATELY 30-50 PEOPLE ATTEND EACH OF THESE PROGRAMS, WHICH ARE HELD ON WEEKDAYS FROM 12:30-1:30 PM. ADDITIONAL PUBLIC PROGRAMMING INCLUDES WALKING TOURS, FILM SCREENINGS AND EXHIBIT OPENINGS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,080,362 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 10 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 9 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 33 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 32 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID COWEN PRESIDENTCEO | PersonNm |
| Phone | 2129084110 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 25 BROADWAY 5TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| DAVID COWEN | |||||||
| PRESIDENT/CEO | 40.00 | Yes (X) | Yes (X) | $171,538 | $0 | $6,300 | |
| MINDY ROSS | |||||||
| DIRECTOR OF EXTERNAL RELATIONS | 40.00 | $150,000 | $0 | $32,063 | Yes (X) | ||
| KRISTIN AGUILERA | |||||||
| DEPUTY DIRECTOR | 40.00 | $134,500 | $0 | $34,823 | Yes (X) | ||
| LINDA RAPACKI | |||||||
| MANAGING DIR. OF BUSINESS OPERATIONS | 40.00 | $134,500 | $0 | $2,760 | Yes (X) | ||
| RICHARD SYLLA PH D | |||||||
| CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANDREA DE CHOLNOKY | |||||||
| VICE CHAIR | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ROBERT MUCCILO | |||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ALVI ABUAF | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREGORY W BAUER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARCY COHEN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SANFORD F CRYSTAL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LAWRENCE CUNNINGHAM | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN P DAVIDSON III | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER DAVIS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EILEEN FAHEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ADAM GOLDSTEIN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTHA CLARK GOSS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CORY GUNDERSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT H HOTZ | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALFRED F HURLEY JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CAROL KAIMOWITZ | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MYRON KANDEL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GLENN KAUFMAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RANCH KIMBALL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MITTI LIEBERSOHN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CONSUELO MACK | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOE MECANE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ELIZABETH O'MELIA | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| VERNE O SEDLACEK | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KAREN SEITZ | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK SHENKMAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID L SHULER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARIA E SMITH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SAUL VAN BEURDEN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES V WAIT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRADFORD HU | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $590,538 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $75,946 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GC BALLROOM OPERATOR | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 55 WALL STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | EVENT PLANNING | ServicesDesc |
| Compensation | $100,539 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $29,520 | MembershipDuesAmt |
| Fundraising | $1,054,350 | FundraisingAmt |
| All Other Contributions | $277,756 | AllOtherContributionsAmt |
| Total Contributions | $1,361,626 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| EVENTS/EXHIBITS | 900099 | $6,621 | $6,621 |
| ADMISSION FEES | 900099 | $230 | $230 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,851 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,996 | TotalRevenueColumnAmt |
| Exclusion | $6,996 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $92,500 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,054,350 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $144,474 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$51,974 | TotalRevenueColumnAmt |
| Exclusion | -$51,974 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,323,499 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,851 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$44,978 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,838 | TotalAmt |
| Program Services | $118,429 | ProgramServicesAmt |
| Management And General | $18,763 | ManagementAndGeneralAmt |
| Fundraising | $40,646 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $713,904 | TotalAmt |
| Program Services | $475,415 | ProgramServicesAmt |
| Management And General | $75,323 | ManagementAndGeneralAmt |
| Fundraising | $163,166 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,191 | TotalAmt |
| Program Services | $7,452 | ProgramServicesAmt |
| Management And General | $1,181 | ManagementAndGeneralAmt |
| Fundraising | $2,558 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,211 | TotalAmt |
| Program Services | $120,675 | ProgramServicesAmt |
| Management And General | $19,119 | ManagementAndGeneralAmt |
| Fundraising | $41,417 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,778 | TotalAmt |
| Program Services | $41,806 | ProgramServicesAmt |
| Management And General | $6,624 | ManagementAndGeneralAmt |
| Fundraising | $14,348 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,200 | TotalAmt |
| Management And General | $66,200 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $124,675 | TotalAmt |
| Program Services | $99,437 | ProgramServicesAmt |
| Management And General | $9,925 | ManagementAndGeneralAmt |
| Fundraising | $15,313 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,049 | TotalAmt |
| Program Services | $30,049 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,422 | TotalAmt |
| Program Services | $4,345 | ProgramServicesAmt |
| Management And General | $13,465 | ManagementAndGeneralAmt |
| Fundraising | $612 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,697 | TotalAmt |
| Program Services | $24,406 | ProgramServicesAmt |
| Management And General | $22,291 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,794 | TotalAmt |
| Program Services | $91,492 | ProgramServicesAmt |
| Management And General | $13,901 | ManagementAndGeneralAmt |
| Fundraising | $31,401 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,834 | TotalAmt |
| Program Services | $1,296 | ProgramServicesAmt |
| Management And General | $3,356 | ManagementAndGeneralAmt |
| Fundraising | $182 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,180 | TotalAmt |
| Program Services | $4,180 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| EDUCATION PROGRAMS | $61,380 | $61,380 | |
| MEMBERSHIPS | $12,078 | $12,078 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,652,231 | TotalAmt |
| Program Services | $1,080,362 | ProgramServicesAmt |
| Management And General | $262,226 | ManagementAndGeneralAmt |
| Fundraising | $309,643 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $394,257 | BOYAmt |
| EOY | $96,869 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,450 | BOYAmt |
| EOY | $52,927 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,823 | BOYAmt |
| EOY | $905 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $102,845 | BOYAmt |
| EOY | $85,732 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,000 | BOYAmt |
| EOY | $1,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $582,375 | BOYAmt |
| EOY | $237,433 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $322,529 | BOYAmt |
| EOY | $236,818 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $256,919 | BOYAmt |
| EOY | $326,419 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $579,448 | BOYAmt |
| EOY | $563,237 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$6,323 | BOYAmt |
| EOY | -$335,054 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,250 | BOYAmt |
| EOY | $9,250 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,927 | BOYAmt |
| EOY | -$325,804 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $582,375 | BOYAmt |
| EOY | $237,433 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$328,732 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,566,509 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,390,775 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,126,644 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,595,857 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,361,626 | CurrentTaxYearAmt |
| Total | $13,041,411 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,566,509 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,390,775 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,126,644 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,595,857 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,361,626 | CurrentTaxYearAmt |
| Total | $13,041,411 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,738,854 | SubstantialContributorsTotAmt |
| Public Support Total170 | $8,302,557 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $332,438 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $309,842 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $240,841 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,659 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,996 | CurrentTaxYearAmt |
| Total | $894,776 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $13,936,187 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,103,761 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.59580 | PublicSupportCY170Pct |
| Public Support PY170 | 0.52080 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,250 | BeginningYearBalanceAmt |
| End Year Balance | $9,250 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $59,250 | BeginningYearBalanceAmt |
| Other Expenditures | $50,000 | OtherExpendituresAmt |
| End Year Balance | $9,250 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $109,250 | BeginningYearBalanceAmt |
| Other Expenditures | $50,000 | OtherExpendituresAmt |
| End Year Balance | $59,250 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $109,250 | BeginningYearBalanceAmt |
| End Year Balance | $109,250 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $109,250 | BeginningYearBalanceAmt |
| End Year Balance | $109,250 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,323,499 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,323,499 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,323,499 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,652,230 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,652,230 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,652,230 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | IN ACCORDANCE WITH INDUSTRY PRACTICE, COLLECTIONS AND EQUIPMENT PURCHASED FOR USE AS EXHIBITS AND PROGRAMS ARE NOT CAPITALIZED. |
| PART III, LINE 4: | AS PART OF ITS MISSION TO DOCUMENT THE HISTORY AND PRACTICE OF AMERICAN FINANCE, THE MUSEUM OF AMERICAN FINANCE ACTIVELY COLLECTS DOCUMENTS AND ARTIFACTS RELATED TO THE CAPITAL MARKETS, MONEY AND BANKING. THE COLLECTION INCLUDES STOCKS, BONDS, CURRENCY, CHECKS, PRINTS, ENGRAVINGS, PHOTOGRAPHS, OBJECTS AND BOOKS. THE MUSEUM HAS AN EXTENSIVE COLLECTION OF STOCK AND BOND CERTIFICATES FROM THE GILDED AGE, AS WELL AS ONE OF THE NATION'S PREMIER COLLECTIONS OF 18TH CENTURY US FINANCIAL DOCUMENTS. THE MUSEUM HOUSES AND CARES FOR ITS COLLECTIONS IN ORDER TO PRESERVE THEM AS A RESOURCE FOR THE FUTURE IN ADDITION TO ALLOWING FOR PUBLIC ACCESS THROUGH EXHIBITIONS, EDUCATIONAL PROGRAMMING, DIGITAL OUTREACH AND RESEARCH. |
| PART V, LINE 4: | THE MUSEUM CREATED THE ENDOWMENT FUND WITH THE INTENT TO PRESERVE THE PRINCIPAL AND THE RETURNS FROM THE INVESTING OF THE PRINCIPAL WOULD BE AVAILABLE FOR USE OF THE MUSEUM TO PRODUCE FUTURE EXHIBITS, OFFER TIMELY AND SCHOLARLY PROGRAMS, PUBLISH A MAGAZINE, CONDUCT ORAL HISTORY INTERVIEWS, MANAGE A COLLECTION OF DOCUMENTS AND ARTIFACTS, AND CONSTRUCT AND MAINTAIN FACILITIES CONSISTENT WITH A UNIQUE INSTITUTION DEDICATED TO THE STUDY AND PRESENTATION OF FINANCIAL MATTERS. |
| PART X, LINE 2: | THE MUSEUM RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE MUSEUM HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE MUSEUM IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO DECEMBER 31, 2016. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | 2019 GALA | Event1Nm |
| Gross Receipts Event1 | $1,146,850 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,054,350 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $92,500 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $102,232 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $42,242 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $1,146,850 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,054,350 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $92,500 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $102,232 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $42,242 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $144,474 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$51,974 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID COWEN | ||||||||||||||
| PRESIDENT/CEO | $171,538 | $0 | $0 | $0 | $0 | $0 | $6,300 | $0 | $0 | $0 | $177,838 | $0 | $0 | $0 |
| MINDY ROSS | ||||||||||||||
| DIRECTOR OF EXTERNAL RELATIONS | $150,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32,063 | $0 | $182,063 | $0 | $0 | $0 |
| KRISTIN AGUILERA | ||||||||||||||
| DEPUTY DIRECTOR | $113,250 | $0 | $21,250 | $0 | $0 | $0 | $2,760 | $0 | $32,063 | $0 | $169,323 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE BOARD APPROVED A PERFORMANCE-BASED BONUS FOR EMPLOYEES. THE BONUS IS TAXABLE TO THE RECIPIENT AND INCLUDED IN FORM W-2. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE MUSEUM'S FORM 990 IS DRAFTED BY THE MUSEUM'S OUTSIDE AUDITORS WITH CONTRIBUTIONS FROM SEVERAL KEY MUSEUM STAFF MEMBERS, INCLUDING THE MUSEUM'S PRESIDENT, ACCOUNTANT AND OTHERS. THE MUSEUM'S ACCOUNTANT AND PRESIDENT MEET REGULARLY TO REVIEW AND DISCUSS THE MUSEUM'S FINANCIAL STATEMENTS AND THE 990. THE 990 IS THEN PRESENTED TO THE AUDIT COMMITTEE, A STANDING COMMITTEE OF THE MUSEUM'S BOARD OF TRUSTEES, FOR REVIEW AND APPROVAL. THE MUSEUM'S BOARD OF TRUSTEES IS PROVIDED WITH ELECTRONIC ACCESS TO THE 990 WHEN IT IS FILED WITH THE IRS. THE MUSEUM'S ACCOUNTANT HAS MADE TRUSTEES AWARE OF HOW TO ACCESS THE 990, AND GAVE A SMALL PRESENTATION ON HOW TO READ THE 990. PAPER COPIES OF THE 990 ARE ALSO MADE AVAILABLE TO TRUSTEES UPON REQUEST. |
| FORM 990, PART VI, SECTION B, LINE 12C | ON AN ANNUAL BASIS, THE MUSEUM DISTRIBUTES A CONFLICT OF INTEREST STATEMENT AND QUESTIONNAIRE TO ALL TRUSTEES TO BE COMPLETED AND RETURNED FOR REVIEW BY THE MUSEUM'S DEPUTY DIRECTOR. AMONG OTHER THINGS, THE QUESTIONNAIRE REQUIRES TRUSTEES TO ACKNOWLEDGE AND AFFIRM THE MUSEUM'S CONFLICT OF INTEREST POLICY, AND LIST ANY EXISTING OR POTENTIAL CONFLICTS SUCH TRUSTEE MAY HAVE WITH RESPECT TO THE MUSEUM. IF A TRUSTEE CONFLICT IS IDENTIFIED, THE TRUSTEE IS REQUIRED TO DISCLOSE THE MATERIAL FACTS OF HIS OR HER INTEREST IN THE TRANSACTION IN QUESTION TO THE BOARD, IS EXCLUDED FROM ANY DELIBERATIONS ABOUT IT AND MUST RECUSE HIM OR HERSELF FROM VOTING ON THE MATTER. POTENTIAL EMPLOYEE CONFLICTS ARE HANDLED WITH AN INVESTIGATION CONDUCTED BY THE MUSEUM'S PRESIDENT, IN CONSULTATION WITH THE DEPUTY DIRECTOR, TO DETERMINE IF ANY ACTION IS WARRANTED. EMPLOYEES PRESENTING POTENTIAL CONFLICTS ARE EXCLUDED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION IN QUESTION. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE MUSEUM PRESIDENT'S COMPENSATION IS REVIEWED EVERY OTHER YEAR. WHEN NECESSARY, THE PROCESS FOR DETERMINING THE PRESIDENT'S COMPENSATION IS DETERMINED USING COMPARABLE DATA FROM GUIDESTAR. THE BOARD OF TRUSTEES THEN REVIEWS THE PROPOSED COMPENSATION, IN ACCORDANCE WITH THE RELATED EMPLOYMENT AGREEMENT AND TAKING INTO ACCOUNT THE PRESIDENT'S PERFORMANCE AND OTHER FACTORS. THIS PROCESS WAS LAST UNDERTAKEN IN 2019 AND DOCUMENTED IN THE MINUTES OF THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST AT 25 BROADWAY - 5TH FL, NEW YORK NY 10004 OR BY CALLING THE ORGANIZATION DIRECTLY AT 212-908-4110. |
| FORM 990, PART XII, LINE 2C: | THE MUSEUM OF AMERICAN FINANCE HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND FOR THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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