HELEN FRANKENTHALER FOUNDATION INC: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- HELEN FRANKENTHALER FOUNDATION INC (EIN 13-3244308)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-13
- IRS object ID
- 201923179349100947
- Schema version
- 2018v3.1
- 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
- Form 990-PF
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-13T13:41:42-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 222428965 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CITRIN COOPERMAN & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 529 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100174683 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 133244308 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HELEN FRANKENTHALER FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HELE | BusinessNameControlTxt |
| Phone | 2122684937 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 WEST 26TH STREET NO 5TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL HECHT | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2122684937 | PhoneNum |
| Signature | 2019-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOSEPH J BARRECA | PreparerPersonNm |
| PTIN | P00310073 | PTIN |
| Phone | 2126971000 | PhoneNum |
| Preparation | 2019-11-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.108.113.34 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-12 | IPDt |
| IP Tm | 13:01:52 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | A75743B4F167370AA27A8FA4C0A3CBDA90559BBB | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 6B02BABF6A0E791DE9D6B5C80A4DED1A9082E35E | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-04-17 16:48:07Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $254,274,693 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $333 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $333 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $333 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $1,325,882 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,285,156 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,325,882 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,543,738 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $17,204,362 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,543,738 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $13,983 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $13,983 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $14,716 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $7,883,936 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $7,843,210 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,340,931 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $325,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $325,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $428,117 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $428,117 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $210,507 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $210,507 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $97,534 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $97,534 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $53,720 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $13,430 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $13,430 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $40,290 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $130,678 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $124,491 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $124,491 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $6,187 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $157 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $157 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $119,372 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $42,372 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $27,298 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $22,240 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $22,240 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,646,914 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,646,914 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,061,537 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $138,078 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $137,921 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $2,819,161 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,680,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,680,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,741,537 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $138,078 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $137,921 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,499,161 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,142,399 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $7,705,132 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,203,010 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,981,377 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,300,071 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,300,071 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $14,180,532 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $21,653,826 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $21,332,447 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $31,957,810 | CorporateStockBOYAmt |
| Corporate Stock EOY | $33,271,474 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $36,686,772 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $7,571,272 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,473,131 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,464,154 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $367,729 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $6,935,847 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $98,723 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $6,809,503 | LandBOYAmt |
| Land EOY | $6,837,124 | LandEOYAmt |
| Land EOYFMV | $6,837,124 | LandEOYFMVAmt |
| Other Assets BOY | $65,906,500 | OtherAssetsBOYAmt |
| Other Assets EOY | $65,382,570 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $185,654,125 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $128,774,723 | TotalAssetsBOYAmt |
| Total Assets EOY | $130,918,196 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $254,274,693 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $760 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $1,834 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $760 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,834 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $128,773,963 | RetainedEarningBOYAmt |
| Retained Earning EOY | $130,916,362 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $128,773,963 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $130,916,362 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $128,774,723 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $130,918,196 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $128,773,963 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,142,399 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $130,916,362 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $130,916,362 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt | SoldSoldDt |
|---|---|---|---|---|---|---|
| CLASS ACTION LITIGATION SETTLEMENT | P | $157 | $157 | $157 | ||
| PUBLICLY TRADED SECURITIES | $8,553,521 | $25,327 | $25,327 | $8,528,194 | ||
| GAIN FROM K-1 CAXTON-ISEMAN LP | P | $902,855 | $902,855 | $902,855 | ||
| ARTWORK - PRINT | P | $18,000 | $10,650 | $10,650 | $7,350 | 2018-01-26 |
| ARTWORK - PAPER | P | $243,000 | $163,720 | $163,720 | $79,280 | 2018-02-08 |
| ARTWORK - PRINT | P | $13,500 | $12,200 | $12,200 | $1,300 | 2018-02-15 |
| ARTWORK - PAINTING | P | $340,000 | $239,000 | $239,000 | $101,000 | 2018-04-12 |
| ARTWORK - PRINT | P | $13,500 | $12,200 | $12,200 | $1,300 | 2018-05-11 |
| ARTWORK - PAINTING | P | $2,550,000 | $1,769,000 | $1,769,000 | $781,000 | 2018-08-07 |
| ARTWORK - PAINTING | P | $1,105,000 | $804,000 | $804,000 | $301,000 | 2018-08-07 |
| ARTWORK - PAINTING | P | $2,880,000 | $2,200,000 | $2,200,000 | $680,000 | 2018-10-16 |
| ARTWORK - PAPER | P | $144,000 | $95,000 | $95,000 | $49,000 | 2018-12-19 |
| ARTWORK - PAINTING | P | $440,000 | $308,800 | $308,800 | $131,200 | 2018-12-19 |
| CAPITAL GAINS DIVIDENDS | P | $829 | $829 | $829 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,543,738 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $6,542,909 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,322,469 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $54,338,043 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.061144 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $5,686,416 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $39,875,737 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.142603 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $9,736,013 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $32,917,679 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.295769 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,458,388 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $28,281,693 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.086925 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $410,747 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $16,727,358 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.024555 | DistributionYr5Rt |
| Total Distribution | 0.610996 | TotalDistributionRt |
| Average Distribution | 0.122199 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $62,955,405 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $7,693,088 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $77,051 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $7,770,139 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $5,551,901 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $154,103 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $154,103 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $154,103 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $201,597 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $61,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $262,597 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $379 | EsPenaltyAmt |
| Overpayment | $108,115 | OverpaymentAmt |
| Applied To ES Tax | $108,115 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.FRANKENTHALERFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | THE FOUNDATION | IndividualWithBooksNm |
| Phone | 2122684937 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 WEST 26TH STREET 5TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| LISE MOTHERWELL | |||||||||
| C/O CITRIN COOPERMAN 529 FIFTH | AVENUE | NEW YORK | NY | 10017 | DIRECTOR | 2.00 | $0 | $0 | $0 |
| MICHAEL HECHT | |||||||||
| C/O CITRIN COOPERMAN 529 FIFTH | AVENUE | NEW YORK | NY | 10017 | SECRETARY/TREASURER/DIRECTOR | 2.00 | $0 | $0 | $0 |
| CLIFFORD ROSS | |||||||||
| C/O CITRIN COOPERMAN 529 FIFTH | AVENUE | NEW YORK | NY | 10017 | CHAIRMAN/DIRECTOR | 2.00 | $0 | $0 | $0 |
| FREDERICK J ISEMAN | |||||||||
| C/O CITRIN COOPERMAN 529 FIFTH | AVENUE | NEW YORK | NY | 10017 | PRESIDENT/DIRECTOR | 2.00 | $0 | $0 | $0 |
| ELIZABETH SMITH | |||||||||
| C/O CITRIN COOPERMAN 529 FIFTH | AVENUE | NEW YORK | NY | 10017 | EXECUTIVE DIRECTOR | 35.00 | $325,000 | $66,551 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| MAUREEN ST ONGE | ||||||||
| 680 LONG HILL ROAD W | BRIARCLIFF MANOR | NY | 10510 | DIRECTOR OF COLLECTI | 35.00 | $184,500 | $57,468 | $0 |
| SARAH HAUG | ||||||||
| 550 GRAND STREET APT 62G | NEW YORK | NY | 10002 | ARCHIVIST | 35.00 | $95,850 | $37,696 | $0 |
| ANNA G SOUVOROV | ||||||||
| 413 VANDERVOORT AVENUE | BROOKLYN | NY | 11222 | ASSISTANT DIRECTOR | 35.00 | $74,000 | $21,451 | $0 |
| CECELIA BARNETT | ||||||||
| 104 CLEARVIEW AVENUE | STAMFORD | CT | 06907 | COLLECTIONS & VISUAL | 35.00 | $57,400 | $5,740 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| FIERA CAPITAL | |||||
| 375 PARK AVENUE | NEW YORK | NY | 10152 | INVESTMENT ADVISORY | $109,221 |
| JOHN SILBERMAN ASSOCIATES PC | |||||
| 145 EAST 57TH STREET | NEW YORK | NY | 10022 | LEGAL | $65,894 |
| HECHT AND COMPANY PC | |||||
| 529 FIFTH AVENUE | NEW YORK | NY | 10017 | ACCOUNTING FEES | $53,720 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | 1. CATALOGUING AND MAINTAINING THE HELEN FRANKENTHALER FOUNDATION ART COLLECTION FOR LOANS TO MUSEUM EXHIBITIONS AND IN PREPARATION FOR A FUTURE CATALOGUE RAISONNE. 2. PROCESSING AND MAINTAINING THE HELEN FRANKENTHALER FOUNDATION ARCHIVES AND LIBRARY AS A STUDY CENTER TO FACILITATE SCHOLARLY RESEARCH ON THE ARTIST'S WORK. 3. ORGANIZING AND PRESENTING PUBLIC PROGRAMS AND EVENTS ON OR RELATED TO FRANKENTHALER'S WORK AND TO OTHER ABSTRACT EXPRESSIONIST ARTISTS, AS WELL AS THE ROLE AND RESPONSIBILITIES OF ARTIST-ENDOWED FOUNDATIONS. 4. DEVELOPING AND OFFERING PROGRAMS IN CONJUNCTION WITH BENNINGTON COLLEGE'S DEPARTMENT OF VISUAL ARTS, SPECIFICALLY ITS MUSEUM FELLOWS TERM, FOR WHICH THE FOUNDATION'S OFFICES AND STUDY CENTER SERVE AS THE NEW YORK CITY HUB. 5. CONDUCTING AND ARCHIVING INTERVIEWS FOR AN ORAL HISTORY PROGRAM TO AID FUTURE SCHOLARSHIP ON HELEN FRANKENTHALER AND THE CONTEXT OF HER WORK. | Description1Txt |
| Expenses1 | $2,874,080 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $62,524,923 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,205,329 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $183,865 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $63,914,117 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $63,914,117 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $958,712 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $62,955,405 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,147,770 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,499,161 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $52,740 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $5,551,901 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $5,551,901 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,203,010 | CurrentYearAmt |
| Year1 | $1,021,768 | Year1Amt |
| Year2 | $1,310,804 | Year2Amt |
| Year3 | $566,516 | Year3Amt |
| Total | $4,102,098 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,022,559 | CurrentYearAmt |
| Year1 | $868,503 | Year1Amt |
| Year2 | $1,114,183 | Year2Amt |
| Year3 | $481,539 | Year3Amt |
| Total | $3,486,783 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $5,551,901 | CurrentYearAmt |
| Year1 | $3,322,469 | Year1Amt |
| Year2 | $5,833,363 | Year2Amt |
| Year3 | $9,883,791 | Year3Amt |
| Total | $24,591,524 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,680,000 | CurrentYearAmt |
| Year1 | $877,000 | Year1Amt |
| Year2 | $3,766,000 | Year2Amt |
| Year3 | $1,543,350 | Year3Amt |
| Total | $8,866,350 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,871,901 | CurrentYearAmt |
| Year1 | $2,445,469 | Year1Amt |
| Year2 | $2,067,363 | Year2Amt |
| Year3 | $8,340,441 | Year3Amt |
| Total | $15,725,174 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $222,999,520 | CurrentYearAmt |
| Year1 | $254,878,771 | Year1Amt |
| Year2 | $245,064,957 | Year2Amt |
| Year3 | $238,268,115 | Year3Amt |
| Total | $961,211,363 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $161,123,744 | CurrentYearAmt |
| Year1 | $192,196,391 | Year1Amt |
| Year2 | $196,264,115 | Year2Amt |
| Year3 | $199,763,769 | Year3Amt |
| Total | $749,348,019 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,098,513 | CurrentYearAmt |
| Year1 | $1,811,268 | Year1Amt |
| Year2 | $1,329,191 | Year2Amt |
| Year3 | $1,097,256 | Year3Amt |
| Total | $6,336,228 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (26 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ART INSTITUTE OF CHICAGO | ||||||
| 111 S MICHIGAN AVENUE | CHICAGO | IL | 60603 | PC | SUPPORT FOR EXHIBITION | $15,000 |
| ARTTABLE BENEFIT 2018 | ||||||
| 1 E 53RD STREET | NEW YORK | NY | 10022 | PC | GENERAL OPERATING SUPPORT | $5,000 |
| FRENCH AMERICAN CULTURAL EXCHANGE | ||||||
| 972 5TH AVENUE | NEW YORK | NY | 10075 | PC | GENERAL OPERATING SUPPORT | $20,000 |
| ARTTABLE INC | ||||||
| 1 E 53RD STREET | NEW YORK | NY | 10022 | PC | GENERAL OPERATING SUPPORT | $5,000 |
| INTERNATIONAL FOUNDATION FOR ART RESEARCH | ||||||
| 500 5TH AVENUE 935 | NEW YORK | NY | 10110 | PC | GENERAL OPERATING SUPPORT | $20,000 |
| THE AAMC FOUNDATION ANNE ARUNDEL MEDICAL | ||||||
| 2001 MEDICAL PARKWAY | ANNAPOLIS | MD | 21401 | PC | GENERAL OPERATING SUPPORT | $20,000 |
| NEW ART PUBLICATIONS INC DBA BOMB MAG | ||||||
| 80 HANDSON PLACE SUITE 703 | BROOKLYN | NY | 11217 | PC | GENERAL OPERATING SUPPORT | $10,000 |
| THE TRIANGLE ARTS ASSOCIATION LIMITED | ||||||
| 20 JAY STREET 317 318 | BROOKLYN | NY | 11201 | PC | GENERAL OPERATING SUPPORT | $20,000 |
| WOMEN MAKE MOVIES | ||||||
| 115 W 29TH STREET SUITE 1200 | NEW YORK | NY | 10001 | PC | SUPPORT FOR FILMS ON ART | $10,000 |
| GUGGENHEIM MUSEUM | ||||||
| 1071 5TH AVENUE | NEW YORK | NY | 10128 | PC | SUPPORT FOR EXHIBITION | $30,000 |
| VERMONT STUDIO CENTER INC | ||||||
| 80 PEARL STREET | JOHNSON | VT | 05656 | PC | GENERAL OPERATING SUPPORT | $20,000 |
| THE BROOKLYN RAIL INC | ||||||
| 253 36TH STREET 3RD FLOOR | BROOKLYN | NY | 11232 | PC | GENERAL OPERATING SUPPORT | $25,000 |
| MADISON SQUARE PARK CONSERVANCY | ||||||
| 11 MADISON AVENUE | NEW YORK | NY | 10010 | PC | GENERAL OPERATING SUPPORT | $25,000 |
| AMERICAN ACADEMY IN ROME | ||||||
| 7 E 60TH STREET | NEW YORK | NY | 10022 | PC | INTERNATIONAL LECTURE SERIES | $100,000 |
| PENNSYLVANIA ACADEMY OF THE FINE ARTS | ||||||
| 118-128 N BROAD STREET | PHILADELPHIA | PA | 19102 | PC | SUPPORT FOR EXHIBITION | $5,000 |
| PROVINCETOWN ART ASSOCIATION & MUSEUM | ||||||
| 460 COMMERCIAL STREET | PROVINCETOWN | MA | 02657 | PC | SUPPORT FOR EXHIBITION | $25,000 |
| DRAWING CENTER INC | ||||||
| 35 WOOSTER STREET | NEW YORK | NY | 10013 | PC | GENERAL OPERATING SUPPORT | $20,000 |
| SKOWHEGAN SCHOOL OF PAINTING AND SCULPTURE | ||||||
| 136 W 22ND STREET | NEW YORK | NY | 10011 | PC | CONSTRUCTION OF NEW STUDIO | $125,000 |
| BENNINGTON COLLEGE | ||||||
| ONE COLLEGE DRIVE | BENNINGTON | VT | 05201 | PC | MUSEUM FELLOWS PROGRAM | $100,000 |
| GRACIE MANSION CONSERVANCY | ||||||
| E 88TH STREET | NEW YORK | NY | 10028 | PC | SUPPORT FOR EXHIBITION | $5,000 |
| FILM FORUM INC | ||||||
| 209 W HOUSTON STREET | NEW YORK | NY | 10014 | PC | SUPPORT FOR FILMS ON ART | $50,000 |
| CENTER FOR CURATORIAL LEADERSHIP INC | ||||||
| 174 E 80TH STREET | NEW YORK | NY | 10075 | PC | GENERAL OPERATING SUPPORT | $25,000 |
| SCHOOL OF THE ART INSTITUTE OF CHICAGO | ||||||
| 36 S WABASH AVENUE 1201 | CHICAGO | IL | 60603 | PC | MFA FRANKENTHALER SCHOLARSHIP | $500,000 |
| COLUMBIA UNIVERSITY | ||||||
| 116TH STREET | NEW YORK | NY | 10027 | PC | MFA FRANKENTHALER SCHOLARSHIP | $500,000 |
| YALE UNIVERSITY | ||||||
| PO BOX 208241 | NEW HAVEN | CT | 06520 | PC | MFA FRANKENTHALER SCHOLARSHIP | $500,000 |
| SCHOOL OF THE ART INSTITUTE OF CHICAGO | ||||||
| 36 S WABASH AVENUE 1201 | CHICAGO | IL | 60603 | PC | MFA FRANKENTHALER SCHOLARSHIP | $500,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,680,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $333 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,325,882 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,543,738 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|---|
| PARTNERSHIP INCOME/LOSS | 18 | -$733 | |
| PARTNERSHIP INTEREST | 14 | $3,546 | |
| ROYALTIES/REPRODUCTION INCOME | $11,170 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $7,872,766 | ExclusionAmt |
| Related Or Exempt Function Incm | $11,170 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $7,883,936 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 11 | LineNumberTxt |
| Relationship Statement | INCOME FROM THE LICENSING OF THE REPRODUCTION OF AND/OR PUBLICATION OF HELEN FRANKENTHALER'S ART CONSTITUTES SOME OF THE MEANS BY WHICH THE FOUNDATION CURRENTLY ACCOMPLISHES ITS EXEMPT PURPOSE. THE ACTIVITIES OF THE FOUNDATION MAY INCLUDE, WITHOUT LIMITATION, EXHIBITION, EXCHANGE AND OTHER CULTURAL AND EDUCATIONAL EXPLOITATION OF ART, IRRESPECTIVE OF ITS MEDIUM, PROMOTING RECOGNITION OF, AND RESPECT FOR, ART THROUGH EDUCATION OF ARTISTS AND THE PUBLIC AND, GENERALLY, TO SUPPORT EFFORTS TO PROMOTE GREATER INTEREST AND UNDERSTANDING OF ART. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $53,720 | Amt |
| Net Investment Income | $13,430 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $13,430 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $40,290 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (10 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | RtRt |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE EQUIPMENT | 2013-10-21 | $10,431 | $8,605 | SL | 5.000000000000 | $1,826 | $0 | $0 | |
| OFFICE EQUIPMENT | 2014-11-11 | $7,756 | $4,782 | SL | 5.000000000000 | $1,551 | $0 | $0 | |
| REAL ESTATE | 2016-04-01 | $5,415,575 | $0 | $0 | $0 | 0.000000000000 | |||
| LEASEHOLD IMPROVEMENTS | 2015-04-01 | $1,229,277 | $0 | $0 | $0 | 0.000000000000 | |||
| FURNITURE AND FIXTURES | 2015-06-30 | $158,927 | $56,760 | SL | 7.000000000000 | $22,704 | $0 | $0 | |
| FURNITURE AND FIXTURES | 2016-06-30 | $3,735 | $1,121 | SL | 5.000000000000 | $747 | $0 | $0 | |
| LEASEHOLD IMPROVEMENTS | 2017-06-30 | $53,027 | $0 | $0 | $0 | 0.000000000000 | |||
| FURNITURE AND FIXTURES | 2017-06-30 | $2,200 | $157 | SL | 7.000000000000 | $314 | $0 | $0 | |
| LEASEHOLD IMPROVEMENTS | 2018-06-30 | $52,740 | $0 | $0 | $0 | 0.000000000000 | |||
| OFFICE EQUIPMENT | 2018-06-30 | $2,179 | SL | 7.000000000000 | $156 | $0 | $0 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| WESTPAC BANKING CORP | $420,890 | $409,663 |
| QUEBEC PROV CDA SR GLBL | $518,783 | $518,952 |
| HSBC HOLDINGS PLC | $508,017 | $511,513 |
| ANHEUSER-BUSCH INBEV WORLDWIDE | $500,313 | $497,288 |
| MITSUBISHI UFJ FINANCIAL | $525,128 | $526,738 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIDELITY TOTAL MARKET INDEX FUND | $1,477,227 | $1,677,602 |
| FIDELITY EXTENDED MARKET INDEX FUND | $1,633,239 | $1,526,491 |
| FIDELITY 500 INDEX FUND | $1,456,276 | $1,350,757 |
| VANGUARD S&P 500 ETF | $20,491,401 | $23,688,125 |
| ISHARES CORE S&P MIDCAP | $3,612,587 | $3,816,557 |
| ISHARES SELECT DIVIDEND ETF | $4,600,744 | $4,627,240 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $19,225,150 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $18,905,092 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $2,428,676 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $2,427,355 | StateLocalSecEOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| OFFICE EQUIPMENT | $10,431 | $10,431 | $0 |
| OFFICE EQUIPMENT | $7,756 | $6,333 | $1,423 |
| REAL ESTATE | $5,415,575 | $0 | $5,415,575 |
| LEASEHOLD IMPROVEMENTS | $1,229,277 | $0 | $1,229,277 |
| FURNITURE AND FIXTURES | $158,927 | $79,464 | $79,463 |
| FURNITURE AND FIXTURES | $3,735 | $1,868 | $1,867 |
| LEASEHOLD IMPROVEMENTS | $53,027 | $0 | $53,027 |
| FURNITURE AND FIXTURES | $2,200 | $471 | $1,729 |
| LEASEHOLD IMPROVEMENTS | $52,740 | $0 | $52,740 |
| OFFICE EQUIPMENT | $2,179 | $156 | $2,023 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $97,534 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $97,534 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| WORKS OF ART BY H. FRANKENTHALER AND OTHER ARTISTS | $65,900,675 | $65,376,745 | $185,648,300 |
| SECURITY DEPOSIT | $5,825 | $5,825 | $5,825 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (20 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FILING FEE | $1,500 | $0 | $0 | $1,500 |
| FINE ART INSURANCE | $189,200 | $0 | $0 | $189,200 |
| INSURANCE - OTHER | $59,486 | $0 | $0 | $59,486 |
| ART STORAGE | $267,681 | $0 | $0 | $267,681 |
| TRAVEL | $57,710 | $0 | $0 | $57,710 |
| WEB DESIGN | $8,593 | $0 | $0 | $8,593 |
| TELEPHONE & UTILITIES | $18,714 | $0 | $0 | $18,714 |
| CONSERVATION & RESTORATION | $124,383 | $0 | $0 | $124,383 |
| ARCHIVAL & OTHER ART EXPENSES | $232,413 | $0 | $0 | $232,413 |
| PAYROLL PROCESSING | $6,661 | $0 | $0 | $6,661 |
| WORKMANS COMPENSATION INSURANCE | $2,768 | $0 | $0 | $2,768 |
| CO OP MAINTENANCE | $100,290 | $0 | $0 | $100,290 |
| PUBLICITY | $79,509 | $0 | $0 | $79,509 |
| OFFICE | $45,187 | $0 | $0 | $45,187 |
| REPAIRS & MAINTENANCE | $11,005 | $0 | $0 | $11,005 |
| SECURITY MONITORING | $6,659 | $0 | $0 | $6,659 |
| IT TECHNICAL SUPPORT | $42,148 | $0 | $0 | $42,148 |
| RESEARCH | $5,057 | $0 | $0 | $5,057 |
| BANK FEES | $26 | $0 | $0 | $26 |
| CATALOGUE RAISONNE | $387,924 | $0 | $0 | $387,924 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PARTNERSHIP INCOME/LOSS | -$733 | -$733 | $0 |
| PARTNERSHIP INTEREST | $3,546 | $3,546 | $3,546 |
| ROYALTIES/REPRODUCTION INCOME | $11,170 | $11,170 | $11,170 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EMPLOYEE FLEXIBLE SPENDING ACCOUNT | Desc |
| BOY Book Value | $760 | BOYBookValueAmt |
| EOY Book Value | $1,834 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT ADVISORY / CUSTODY | $124,491 | $124,491 | $124,491 | $0 |
| OTHER PROFESSIONAL FEES | $6,187 | $0 | $0 | $6,187 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | $77,000 | $0 | $0 | $0 |
| PAYROLL TAXES | $42,372 | $0 | $0 | $42,372 |
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