NATIONAL ACADEMY OF DESIGN: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- NATIONAL ACADEMY OF DESIGN (EIN 13-1628183)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-05-15
- IRS object ID
- 201931359349304873
- Schema version
- 2017v2.3
- 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 | 2019-05-15T11:02:14-05:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131655065 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTZ AND CARR CPAS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 551 FIFTH AVENUE SUITE 400 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10176 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131628183 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATIONAL ACADEMY OF DESIGN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NATI | BusinessNameControlTxt |
| Phone | 2123694880 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 EAST 89TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10128 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARY FISHER | PersonNm |
| Person Title | INTERIM EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 2123694880 | PhoneNum |
| Signature | 2019-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | FREDERICK MARTENS | PreparerPersonNm |
| PTIN | P00298107 | PTIN |
| Phone | 2126972299 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 38.142.140.186 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-05-13 | IPDt |
| IP Tm | 10:31:04 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 346D1650512CA940E5FAB8343674F12C8357897F | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | A5A4C7F3BA1B0A385F7AF7F29F8EE0EC57F2CEC0 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | MARY FISHER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 EAST 89TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10128 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $28,235,059 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NATIONALACADEMY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1825 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | IN AUGUST 2017, THE ACADEMY SUSPENDED ITS SCHOOL OPERATIONS. IN JUNE 2016, THE ACADEMY HAD SUSPENDED ITS MUSEUM PROGRAM. THE ACADEMY HAS LAUNCHED A MAJOR INITIATIVE TO ENSURE ITS FUTURE IN PERPETUITY. THIS INITIATIVE INCLUDES THE SALE OF THE ACADEMY'S FIFTH AVENUE AND EAST 89TH STREET HISTORIC BUILDINGS TO CREATE AN ENDOWMENT FUND TO ENSURE THE SUSTAINABILITY AND FUTURE GROWTH OF THE ACADEMY, AND TO LOCATE A NEW FACILITY TO HOUSE THE MUSEUM AND SHOWCASE ITS EXTENSIVE PERMANENT COLLECTION, AND TO CONTINUE OPERATIONS OF THE SCHOOL TO FOSTER ARTISTIC VISIONS OF ITS STUDENTS.IN THE INTERIM, AS IT AWAITS COMPLETION OF THE THREE BUILDING SALES, THE ACADEMY CONTINUES TO OFFER PUBLIC AND EDUCATIONAL PROGRAMMING, MAINTAINS ITS MANY MEMBERSHIP FUNCTIONS, AND HAS ORGANIZED A LARGE EXHIBITION OF WORKS FROM ITS PERMANENT COLLECTION, WHICH WILL TRAVEL NATIONALLY, BEGINNING IN 2019, AMONG OTHER ACTIVITIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 70 | TotalEmployeeCnt |
| Total Volunteers | 18 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $1,976 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,024,190 | PYContributionsGrantsAmt |
| CY Contributions Grants | $228,331 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,303,149 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $149,099 | CYProgramServiceRevenueAmt |
| PY Investment Income | $341,331 | PYInvestmentIncomeAmt |
| CY Investment Income | $23,629,411 | CYInvestmentIncomeAmt |
| PY Other Revenue | $184,530 | PYOtherRevenueAmt |
| CY Other Revenue | $181,320 | CYOtherRevenueAmt |
| PY Total Revenue | $2,853,200 | PYTotalRevenueAmt |
| CY Total Revenue | $24,188,161 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $25,680 | 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 | $1,959,962 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,229,575 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $102,802 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $40,020 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,969,563 | PYOtherExpensesAmt |
| CY Other Expenses | $2,821,907 | CYOtherExpensesAmt |
| PY Total Expenses | $4,058,007 | PYTotalExpensesAmt |
| CY Total Expenses | $4,051,482 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,204,807 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $20,136,679 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $16,543,824 | TotalAssetsBOYAmt |
| Total Assets EOY | $36,836,872 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $431,996 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $338,293 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $16,111,828 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $36,498,579 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE NATIONAL ACADEMY WAS FOUNDED IN 1825, AND IS THE ONLY INSTITUTION OF ITS KIND THAT INTEGRATES A MUSEUM, ART SCHOOL AND AN ASSOCIATION OF ARTISTS AND ARCHITECTS DEDICATED TO CREATING AND PRESERVING A LIVING HISTORY OF AMERICAN ART. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Expense | $409,196 | ExpenseAmt |
| Revenue | $149,099 | RevenueAmt |
| Desc | ART SCHOOL:THROUGH AUGUST 2017, THE ACADEMY OPERATED THE OLDEST ART SCHOOL IN NEW YORK CITY AND ONE OF THE OLDEST IN THE UNITED STATES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,834,359 | ExpenseAmt |
| Revenue | $107,290 | RevenueAmt |
| Desc | ARCHIVES, COLLECTIONS AND EXHIBITIONS:THE NATIONAL ACADEMY HAS A COLLECTION OF NEARLY 8,000 WORKS OF AMERICAN ART AND ARCHITECTURE, IN ADDITION TO AN HISTORIC ARCHIVE CONTAINING RECORDS, DOCUMENTS AND EPHEMERA RELATED TO THE ACADEMY'S HISTORY AND MEMBERSHIP. THE ACADEMY ROUTINELY HOLDS EXHIBITIONS THAT FOCUS ON THE WORK OF THEIR MEMBERS, THE NATIONAL ACADEMICIANS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $2,243,555 | 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 |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | 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 | 0 | 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 | 0 | 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 With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| 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 | 63 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 70 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | 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 | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | 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 | 0 | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2123694880 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3 EAST 89TH STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10128 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 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 |
|---|---|---|---|---|---|---|---|
| WALTER CHATHAM | |||||||
| CO-CHAIR | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| TIM WALCH | |||||||
| CO-CHAIR | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BRUCE FOWLE | |||||||
| PRESIDENT | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| WENDY EVANS JOSEPH | |||||||
| VICE PRESIDENT | 7.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| STEVE BLITZ | |||||||
| TREASURER | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| WILLARD BOEPPLE | |||||||
| GOVERNOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL BROCHES | |||||||
| GOVERNOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| VERONICA BULGARI | |||||||
| GOVERNOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| DONNA DENNS | |||||||
| GOVERNOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| BUZZY GEDULD | |||||||
| GOVERNOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| SAM GILLIAM | |||||||
| GOVERNOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDREW GINZEL | |||||||
| GOVERNOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JULIE HEFFERNAN | |||||||
| GOVERNOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERTO JUAREZ | |||||||
| GOVERNOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD KALINA | |||||||
| GOVERNOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| ANTHONY PANZERA | |||||||
| GOVERNOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JUDY PFAFF | |||||||
| GOVERNOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES SIENA | |||||||
| GOVERNOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LESLIE WAYNE | |||||||
| GOVERNOR | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| MAURA REILLY | |||||||
| EXECUTIVE DIRECTOR | 40.00 | Yes (X) | $232,196 | $0 | $13,717 | ||
| STEPHEN LISNER | |||||||
| DIR. FINANCE/ADMIN (TO SEP 2017) | 40.00 | Yes (X) | $78,718 | $0 | $0 | ||
| MAURIZIO PELLEGRIN | |||||||
| SCHOOL DIRECTOR | 40.00 | $194,777 | $0 | $48,415 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $505,691 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $62,132 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ATELIER | |||||
| PO BOX 56316 | PHILADELPHIA | PA | 19130 | COLLECTION STORAGE | $604,688 |
| FRIED FRANK HARRIS SHRIVER & JACOBSON | |||||
| 1 NEW YORK PLAZA | NEW YORK | NY | 10004 | LEGAL SERVICES | $208,124 |
| ALLIED UNIVERSAL | |||||
| 161 WASHINGTON ST STE 600 | CONSHOHOCKEN | PA | 19428 | SECURITY STAFF | $107,964 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $228,331 | AllOtherContributionsAmt |
| Total Contributions | $228,331 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION/EDUCATION FEES | Desc |
| Business | 611610 | BusinessCd |
| Total Revenue Column | $149,099 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $149,099 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $149,099 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $300,160 | TotalRevenueColumnAmt |
| Exclusion | $300,160 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $73,750 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $73,750 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $73,750 | TotalRevenueColumnAmt |
| Exclusion | $73,750 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,341,392 | SecuritiesAmt |
| Other | $25,034,757 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,070,819 | SecuritiesAmt |
| Other | $1,976,079 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $270,573 | SecuritiesAmt |
| Other | $23,058,678 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $23,329,251 | TotalRevenueColumnAmt |
| Exclusion | $23,329,251 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| MISCELLANEOUS | 900099 | $107,290 | $107,290 | |
| RIGHTS & REPRODUCTION | 900002 | $280 | $280 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $107,570 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,188,161 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $256,389 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $23,703,441 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $319,862 | TotalAmt |
| Program Services | $122,694 | ProgramServicesAmt |
| Management And General | $193,336 | ManagementAndGeneralAmt |
| Fundraising | $3,832 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $735,741 | TotalAmt |
| Program Services | $394,103 | ProgramServicesAmt |
| Management And General | $329,328 | ManagementAndGeneralAmt |
| Fundraising | $12,310 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,532 | TotalAmt |
| Program Services | $10,542 | ProgramServicesAmt |
| Management And General | $10,661 | ManagementAndGeneralAmt |
| Fundraising | $329 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,874 | TotalAmt |
| Program Services | $34,209 | ProgramServicesAmt |
| Management And General | $34,597 | ManagementAndGeneralAmt |
| Fundraising | $1,068 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,566 | TotalAmt |
| Program Services | $40,422 | ProgramServicesAmt |
| Management And General | $40,881 | ManagementAndGeneralAmt |
| Fundraising | $1,263 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $501,305 | TotalAmt |
| Management And General | $501,305 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,930 | TotalAmt |
| Program Services | $3,108 | ProgramServicesAmt |
| Management And General | $130,822 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,742 | TotalAmt |
| Management And General | $67,742 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $281,627 | TotalAmt |
| Program Services | $269,627 | ProgramServicesAmt |
| Management And General | $11,300 | ManagementAndGeneralAmt |
| Fundraising | $700 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $927 | TotalAmt |
| Management And General | $927 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,779 | TotalAmt |
| Program Services | $51,926 | ProgramServicesAmt |
| Management And General | $133,362 | ManagementAndGeneralAmt |
| Fundraising | $11,491 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $545,732 | TotalAmt |
| Program Services | $499,269 | ProgramServicesAmt |
| Management And General | $46,463 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $317,049 | TotalAmt |
| Program Services | $156,079 | ProgramServicesAmt |
| Management And General | $155,615 | ManagementAndGeneralAmt |
| Fundraising | $5,355 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $217,397 | TotalAmt |
| Program Services | $107,021 | ProgramServicesAmt |
| Management And General | $106,704 | ManagementAndGeneralAmt |
| Fundraising | $3,672 | FundraisingAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| COLLECTION RELOCATION | $549,448 | $549,448 | $0 | $0 |
| MISCELLANEOUS EXPENSES | $9,971 | $5,107 | $4,864 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,051,482 | TotalAmt |
| Program Services | $2,243,555 | ProgramServicesAmt |
| Management And General | $1,767,907 | ManagementAndGeneralAmt |
| Fundraising | $40,020 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,149 | BOYAmt |
| EOY | $21,843,498 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $600 | BOYAmt |
| EOY | $600 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,445 | BOYAmt |
| EOY | $12,165 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,372 | BOYAmt |
| EOY | $92,593 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $4,456,274 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,139,531 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,709,305 | BOYAmt |
| EOY | $2,316,743 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,556,482 | BOYAmt |
| EOY | $12,551,058 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,432 | BOYAmt |
| EOY | $1,176 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,039 | BOYAmt |
| EOY | $19,039 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,543,824 | BOYAmt |
| EOY | $36,836,872 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $344,999 | BOYAmt |
| EOY | $314,727 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,997 | BOYAmt |
| EOY | $23,566 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $431,996 | BOYAmt |
| EOY | $338,293 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,223,696 | BOYAmt |
| EOY | $23,894,609 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,326,437 | BOYAmt |
| EOY | $6,934,834 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,561,695 | BOYAmt |
| EOY | $5,669,136 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,111,828 | BOYAmt |
| EOY | $36,498,579 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,543,824 | BOYAmt |
| EOY | $36,836,872 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $20,136,679 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $250,072 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| 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 | $2,459,044 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,766,165 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,284,314 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,024,190 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $228,331 | CurrentTaxYearAmt |
| Total | $8,762,044 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,459,044 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,766,165 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,284,314 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,024,190 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $228,331 | CurrentTaxYearAmt |
| Total | $8,762,044 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,902,976 | SubstantialContributorsTotAmt |
| Public Support Total170 | $5,859,068 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $424,401 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $322,126 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $365,366 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $409,611 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $373,910 | CurrentTaxYearAmt |
| Total | $1,895,414 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $108,422 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,012 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $31,355 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $32,725 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $107,570 | CurrentTaxYearAmt |
| Total | $299,084 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $10,956,542 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $6,432,871 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.53480 | PublicSupportCY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $11,677,226 | BeginningYearBalanceAmt |
| Contributions | $20,999,382 | ContributionsAmt |
| Investment Earnings Or Losses | $712,233 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $15,000 | OtherExpendituresAmt |
| End Year Balance | $33,373,841 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,172,373 | BeginningYearBalanceAmt |
| Contributions | $276,103 | ContributionsAmt |
| Investment Earnings Or Losses | $1,267,109 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $38,359 | OtherExpendituresAmt |
| End Year Balance | $11,677,226 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,634,691 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$270,308 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $192,010 | OtherExpendituresAmt |
| End Year Balance | $10,172,373 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $10,754,892 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $85,556 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $205,757 | OtherExpendituresAmt |
| End Year Balance | $10,634,691 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $9,653,870 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $1,223,115 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $122,093 | OtherExpendituresAmt |
| End Year Balance | $10,754,892 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.62770 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.16990 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.20240 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $820,401 | OtherCostOrOtherBasisAmt |
| Book Value | $820,401 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $372,423 | OtherCostOrOtherBasisAmt |
| Depreciation | $372,423 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,769,708 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,586,411 | DepreciationAmt |
| Book Value | $1,183,297 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $493,742 | OtherCostOrOtherBasisAmt |
| Depreciation | $180,697 | DepreciationAmt |
| Book Value | $313,045 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $2,316,743 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $24,460,455 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $250,072 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $89,964 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $340,036 | RevenueNotReportedAmt |
| Revenue Subtotal | $24,120,419 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $67,742 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $67,742 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $24,188,161 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,073,704 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $89,964 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $89,964 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,983,740 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $67,742 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $67,742 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,051,482 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | THE ACADEMY HAS EXTRAORDINARY COLLECTIONS OF PAINTINGS, SCULPTURES AND WORKS ON PAPER DATING FROM THE LATE EIGHTEENTH CENTURY TO THE PRESENT. IN ADDITION, IT HAS A SUBSTANTIAL BODY OF ARCHIVAL MATERIAL RELATED TO THE HISTORY OF THE ACADEMY AND ITS ARTIST MEMBERS. A ROTATING SELECTION FROM THE COLLECTIONS ARE USUALLY EXHIBITED IN ITS GALLERIES AND THE COLLECTIONS ARE ALSO MADE AVAILABLE FOR RESEARCH BY SCHOLARS OR OTHER INTERESTED PARTIES. THE ACADEMY EMPLOYS A CURATOR TO ENSURE THAT THE COLLECTIONS ARE PROTECTED AND PRESERVED. MOST WORKS OF ART OWNED BY THE ACADEMY HAVE BEEN GIVEN BY ITS ARTIST MEMBERS IN ORDER TO FULFILL MEMBERSHIP REQUIREMENTS, WHILE A SMALLER GROUP OF WORKS HAVE BEEN DONATED BY OTHERS. THE COLLECTIONS ARE MAINTAINED FOR THE PROMOTION OF AMERICAN ART, RATHER THAN FOR FINANCIAL GAIN. IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE ACADEMY'S COLLECTIONS HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION. |
| PART III, LINE 4: | THE COLLECTIONS ARE COMPRISED OF APPROXIMATELY 8,000 PAINTINGS, DRAWINGS, SCULPTURES, AND WORKS ON PAPER, ALL CONTRIBUTED BY INDIVIDUALS ELECTED AS ACADEMICIANS. THE COLLECTIONS ENABLE ONE TO CONTEXTUALIZE THE PLACE OF THE NATIONAL ACADEMY WITHIN THE NARRATIVE OF AMERICAN ART, AND SHOWCASE THE PROMINENT ROLE IT HAS PLAYED IN THE CULTURAL AND ARTISTIC LIFE THROUGHOUT THE NINETEENTH, TWENTIETH AND INTO THE TWENTY-FIRST CENTURY. |
| PART V, LINE 4: | EARNINGS FROM THE ACADEMY'S ENDOWMENT FUNDS ARE USED TO SUPPORT THE ACADEMY'S PROGRAMS AND GENERAL OPERATIONS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MAURA REILLY | ||||||||||||||
| EXECUTIVE DIRECTOR | $232,196 | $0 | $0 | $0 | $0 | $0 | $4,735 | $0 | $8,982 | $0 | $245,913 | $0 | $0 | $0 |
| MAURIZIO PELLEGRIN | ||||||||||||||
| SCHOOL DIRECTOR | $194,777 | $0 | $0 | $0 | $0 | $0 | $27,407 | $0 | $21,008 | $0 | $243,192 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4A | FormAndLineReferenceDesc |
| Explanation | MAURIZIO PELLEGRIN - $80,205 SEVERANCE PER SEPARATION AGREEMENT | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 3 | IN AUGUST 2017, THE ACADEMY SUSPENDED ITS SCHOOL OPERATIONS. IN JUNE 2016, THE ACADEMY HAD SUSPENDED ITS MUSEUM PROGRAM. THE ACADEMY HAS LAUNCHED A MAJOR INITIATIVE TO ENSURE ITS FUTURE IN PERPETUITY. THIS INITIATIVE INCLUDES THE SALE OF THE ACADEMY'S FIFTH AVENUE AND EAST 89TH STREET HISTORIC BUILDINGS TO CREATE AN ENDOWMENT FUND TO ENSURE THE SUSTAINABILITY AND FUTURE GROWTH OF THE ACADEMY, AND TO LOCATE A NEW FACILITY TO HOUSE THE MUSEUM AND SHOWCASE ITS EXTENSIVE PERMANENT COLLECTION, AND TO CONTINUE OPERATIONS OF THE SCHOOL TO FOSTER ARTISTIC VISIONS OF ITS STUDENTS. IN THE INTERIM, AS IT AWAITS COMPLETION OF THE THREE BUILDING SALES, THE ACADEMY CONTINUES TO OFFER PUBLIC AND EDUCATIONAL PROGRAMMING, MAINTAINS ITS MANY MEMBERSHIP FUNCTIONS, AND HAS ORGANIZED A LARGE EXHIBITION OF WORKS FROM ITS PERMANENT COLLECTION, WHICH WILL TRAVEL NATIONALLY, BEGINNING IN 2019, AMONG OTHER ACTIVITIES. |
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE IS COMPRISED OF THE OFFICERS OF THE BOARD, AND ALL ARE MEMBERS OF THE GOVERNING BODY. THE EXECUTIVE COMMITTEE MAY EXERCISE, SUBJECT AT ALL TIMES TO THE GENERAL DIRECTION AND CONTROL OF THE BOARD, ALL OF THE POWERS AND AUTHORITY NECESSARY TO CONDUCT THE NORMAL OPERATIONS OF THE ACADEMY, INCLUDING AUTHORIZATION TO SIGN DOCUMENTS ON BEHALF OF THE ACADEMY. THE EXECUTIVE COMMITTEE DOES NOT HAVE THE AUTHORITY WITH REGARD TO THE SUBMISSION TO THE ACADEMICIANS OF ANY ACTION REQUIRING THEIR APPROVAL, THE FILLING OF VACANCIES ON THE BOARD OR IN ANY COMMITTEE, THE AMENDMENT OR REPEAL OF THE BYLAWS OR THE ADOPTION OF NEW BYLAWS, THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD, WHICH BY ITS TERMS SHALL NOT BE SO AMENDABLE OR REPEALABLE, OR THE FIXING OF COMPENSATION OF THE DIRECTORS FOR SERVING ON THE BOARD OR ANY COMMITTEE. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE MEMBERSHIP OF THE ACADEMY CONSISTS OF PAINTERS, SCULPTORS, ARCHITECTS AND WORKERS IN THE GRAPHIC ARTS WHO HAVE BEEN ELECTED TO MEMBERSHIP. THE NUMBER OF ACADEMICIANS IS LIMITED TO 450. THE ACADEMY HAS TWO (2) CLASSES OF ACADEMICIANS, CORRESPONDING TO THE TWO (2) PROFESSIONAL CLASSES PROMOTED BY THE ACADEMY: VISUAL ARTS AND ARCHITECTURE. |
| FORM 990, PART VI, SECTION A, LINE 7A | ACADEMICIANS (MEMBERS), WHO ARE ARTISTS AND ARCHITECTS SELECTED BY PEERS, ELECT THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BODY OF THE ACADEMICIANS SHALL HAVE THE SOLE POWER TO AUTHORIZE: (A) THE MORTGAGE OR OTHER DISPOSITION OF ANY REAL PROPERTY OWNED BY THE ACADEMY AND OCCUPIED AND USED BY THE SCHOOLS, EXHIBITIONS, GALLERIES, THE MUSEUM AND ADMINISTRATIVE OFFICES OF THE ACADEMY AND (B) THE SALE OR DISPOSITION OF ANY WORK OF ART OWNED BY THE ACADEMY. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS REVIEWED BY THE ORGANIZATION'S ACCOUNTANTS, THE EXECUTIVE DIRECTOR, THE TREASURER, AND THE FINANCE COMMITTEE, THEN DISTRIBUTED TO FULL BOARD PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY COVERS BOARD MEMBERS, WHO REVIEW POTENTIAL CONFLICTS AND MAKE A DETERMINATION ON WHETHER A CONFLICT IN FACT EXISTS. THE PERSON WITH A POTENTIAL CONFLICT OF INTEREST LEAVES DURING THE DISCUSSION OF AND VOTING ON THE ISSUE. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE COMMITTEE REVIEWS THE PERFORMANCE OF THE DIRECTOR AND APPROVES ANY CHANGES IN COMPENSATION. THE COMMITTEE REVIEWS COMPENSATION OF MUSEUM DIRECTORS AT MUSEUMS WITH SIMILAR BUDGETS IN NEW YORK CITY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. |
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