2018-03-16T20:35:52-07:00 2017-09-30 BYRON A PARKER CPA 500 SOUTH CENTER STREET FORNEY TX 75126 990 2016-10-01 020601628 THE NASHER SCULPTURE CENTER NASH 2142425100 2001 FLORA DALLAS TX 75201 JEREMY STRICK DIRECTOR 2142425100 2017-05-15 true BYRON A PARKER CPA 9725640247 2018-03-16 X 172.3.105.6 2018-03-16 20:35:42 PD P 816077E56B5A2C4B6A40C4592822FA4F82B929C2 9FDE91C43263574DFBED402806AA43A46BDA5075 2016 2021-01-29 14:40:06Z JEREMY STRICK 2001 FLORA DALLAS TX 75201 10900363 false X WWW.NASHERSCULPTURECENTER.ORG X 2003 TX THE MISSION OF THE NASHER SCULPTURE CENTER IS TO BE THE INTERNATIONAL FOCAL POINT AND CATALYST FOR THE STUDY, INSTALLATION, CONSERVATION AND APPRECIATION OF MODERN AND CONTEMPORARY SCULPTURE TO THIS END, THE NASHER SCULPTURE CENTER DISPLAYS EXHIBITIONS AND CREATES CONSERVATION AND EDUCATION PROGRAMS. 8 7 66 15 24623 9476811 8504695 1448802 1269284 39305 123207 -288544 262959 10676374 10160145 5000 10700 0 4221960 4325938 45267 133749 729809 6089314 6811884 10361541 11282271 314833 -1122126 4776419 4096429 1660848 2002983 3115571 2093446 THE MISSION OF THE NASHER SCULPTURE CENTER IS TO BE THE false false 5547072 10000 231326 THE NASHER SCULPTURE CENTER (CENTER) OPERATES A MUSEUM TO DISPLAY MODERN ART AND FROM TIME TO TIME FEATURES EXHIBITS OF WORKS BORROWED FROM OTHER MUSEUMS. THE CENTER HAD APPROXIMATELY 102,843 VISITORS IN TAX YEAR 2016. 822126 THE CENTER CONDUCTS EDUCATIONAL PROGRAMS FOR MEMBERS AND VISITORS ABOUT MODERN ART THROUGH TARGET FIRST SATURDAYS, STUDENT TOURS, TEACHER WORKSHOPS, MUSEUM FORUM FOR TEACHERS, SUMMER INSTITUTE FOR TEENS, HOMESCHOOL WORKSHOPS, MUSEUM 101, AND STUDIO 360. DURING TAX YEAR 2016 THERE WERE 39,061 PARTICIPANTS IN THESE PROGRAMS. 6369198 true true false false false false false true false true true false false false false false true false false false false false false true true false false false true true false false false true false false false false true true false false false true false false false true 80 0 true 66 true true true false false false false true true false false false false false false X 8 7 true false false false true false false true true false false false true true true true true true true false TX JOHN MCBRIDE 2142425145 2001 FLORA STREET DALLAS TX 75201 DAVID HAEMISEGGER TRUSTEE, PRESIDENT 5.00 X 0 0 0 ANDREA NASHER TRUSTEE 5.00 X 0 0 0 NANCY NASHER HAEMISEGGER TRUSTEE 5.00 X 0 0 0 WILLIAM B JORDAN TRUSTEE 5.00 X 0 0 0 JOHN G HEIMAN TRUSTEE 5.00 X 0 0 0 STEPHEN STAMAS TRUSTEE 5.00 X 0 0 0 ELLIOT R CATTARULLA TRUSTEE 5.00 X 0 0 0 STEPHEN A NASH TRUSTEE 5.00 X 0 0 0 JOHN MCBRIDE CHIEF FINANCIAL OFFICER, SECRETARY 40.00 X X 185310 0 23228 JEREMY STRICK EXECUTIVE DIRECTOR 40.00 X X 464163 0 41857 NEIL MCGLENNON ADMINISTRATIVE DIRECTOR 40.00 X 221833 0 48543 JILL MAGNUSON DIR. EXTERNAL AFFAIRS, SECRETARY 40.00 X 195357 0 32259 BYRON A PARKER CPA TREASURER 5.00 X 2555 3620 0 DAVID MORSE CHIEF CURATOR 40.00 X 123382 0 40393 MARTHA SKIZIM THRU 72416 CONTRACT T DIRECTOR OF DEVELOPMENT 40 X 148358 17758 1340958 3620 204038 6 true true false DISPLAYS UNLIMITED INC 626 106TH ST ARLINGTON TX 76011 ART STORAGE & HANDLING 478886 G4S SECURE SOLUTIONS INC PO BOX 277469 ATLANTA GA 30384 SECURITY 619420 GALERIE LELONG 528 WEST 26TH ST NEW YORK NY 10001 SCULPTURE 580000 WOLFGANG PUCK CATERING 2400 YORKMONT CHARLOTTE NC 10014 FOOD SERVICES 392580 K COMMUNICATIONS PO BOX 25435 DALLAS TX 75225 MEDIA SERVICES 296883 5 165310 1473170 5475000 62000 1329215 8504695 MEMBERSHIP (EXCHANGE PORTION) 999999 844493 ADMISSIONS 999999 231326 SALE OF COMMISSIONED ART 999999 100000 EXHIBITION REVENUE 999999 -3279 EDUCATION REVENUE 999999 4085 92659 1269284 23819 23819 490113 490113 490113 490113 108529 9141 99388 99388 99388 125785 1473170 431274 -305489 -305489 332634 299803 32831 8208 24623 DEFERRED MEMBERSHIP 999999 14671 14671 UNNREAL GAINS (LOSSES) ON INVESTMENT 999999 30833 30833 45504 10160145 1292163 24623 338664 0 0 10700 10700 0 0 0 0 1285820 906137 387409 -7726 0 0 0 0 2081531 972895 822013 286623 79624 8513 69257 1854 550122 235730 269151 45241 328841 165114 127995 35732 0 0 0 0 6045 4981 1064 0 36265 0 36265 0 0 0 0 0 133749 133749 9149 9149 0 0 1254815 1157422 70955 26438 876031 239375 661468 -24812 1262505 929720 237136 95649 110625 12698 73381 24546 0 0 0 0 1174183 219744 938796 15643 568481 466217 53546 48718 0 0 0 0 14730 4746 8704 1280 0 0 0 0 0 0 0 0 196011 30625 165386 0 106132 25550 80582 0 ART PURCHASES 615000 615000 0 0 CONTRACT LABOR 194744 84773 106771 3200 CATERING 126584 84028 6939 35617 ART TRANSPORTATION 144865 144865 0 0 115719 41216 66446 8057 11282271 6369198 4183264 729809 780261 666225 77065 73156 455754 383999 413863 63290 515558 524149 487900 221167 124585 168744 1939956 1218742 700531 721214 1198624 1272811 22278 1674 4776419 4096429 1470097 1824822 190751 178161 1660848 2002983 X 493143 -143276 1644678 1258972 977750 977750 3115571 2093446 4776419 4096429 -1122126 X false true X true false X 0 0 0 9251377 10497036 8348472 10379170 9363859 47839914 846693 823777 1791133 847878 883209 5192690 10098070 11320813 10139605 11227048 10247068 53032604 5375000 7250000 5775000 6775000 5475000 30650000 5375000 7250000 5775000 6775000 5475000 30650000 22382604 381677 289472 362515 507240 513932 2054836 381677 289472 362515 507240 513932 2054836 55087440 0.40630 0.40100 0.03730 0.03600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false 1275676 145291 75000 1345967 1265145 85531 75000 1275676 1373843 -33698 75000 1265145 1342390 106453 75000 1373843 1305278 87112 50000 1342390 0.73000 0.27000 false false 470621 187386 283235 964992 734459 230533 504343 296897 207446 721214 11144713 253267 731300 984567 10160146 10160146 12166838 270934 713633 984567 11182271 11182271 Pt III, Line 1a THE CENTER HAS A COLLECTION OF WORKS OF ART THAT IT PROTECTS AND PRESERVES. THE COLLECTION PROVIDES A FOUNDATIN FOR EXHIBITIONS, RESEARCH, AND EDUCATINAL PUBLIC PROGRAMMING. THE CENTER HAS A REGISTRAR (UNDER THE SUPERVISION OF THE CONSERVATOR) TO ENSURE THE COLLECTION IS PROTECTED AND PRESERVED ADN HAS A DETAILED COLLECTION MANAGEMENT POLICY WHICH GOVERNS THE STEWARDSHIP OF THESE COLLECTIONS.THE CENTER ACCOUNTS FOR WORKS OF ART AS COLLECTION ITEMS IF THEY MEET THE DEFINITION OF A COLLECTION ACCORDING TO THE CRITERIA FOR RECOGNITION UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (*"FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") 958-360-PROPERTY, PLANT, AND EQUIPMENT. THE CRITERIA STATE THAT TO BE A COLLECTION THE ASSETS ARE (A)HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN (B) PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED AND (C) SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS OF ITEMS THAT ARE SOLD TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS ABSENT ANY DONOR IMPOSED RESTRICTIONS. THE CENTER HAS A POLICY OF NOT CAPITALIZING THE COLLECTION OF WORKS OF ART IN ITS FINANCIAL STATEMENTS. ACCORDINGLY, NO COLLECTION ITEMS ARE RECOGNIZED AS ASSETS, WHETHER THEY ARE PURCHASED OR RECEIVED AS A DONATION. PURCHASES OF COLLECTION ITEMS REDUCE UNRESTRICTED NET ASSETS IN THE PERIOD WHEN PURCHASED. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS. THE CENTER ADDED 10 INDIVIDUAL OBJECTS TO THE COLLECTION DURING THE YEAR ENDED SEPTEMBER 30, 2017 THROUGH GIFTS, TRANSFERS, OR PURCHASES. THE CENTER PURCHASED AND EXPENSED 2 INDIVIDUAL OBJECTS FOR $615,000 DURING THE YEAR ENDED SEPTEMBER 30, 2017. THERE WERE NO DEACCESSIONS IN THE YEARS ENDEDSEPTEMBER 30, 2016 AND 2015.PART III, 4: OPEN TO THE PUBLIC SINCE OCTOBER 20, 2003, THE NASHER SCULPTURE CENTER IS ONE OF THE FEW INSTITUTIONS IN THE WORLD DEVOTED TO THE EXHIBITION, STUDY AND PRESERVATION OF MODERN AND CONTEMPORARY SCULPTURE. CONCEIVED AS A SERENE URMBAN RETREAT FOR THE ENJOYMENT OF MODERN ART, THE SCULPTURE CENTER IS THE NEW HOME OF THE RENOWNED RAYMOND AND PATSY NASHER COLLECTION OF MODERN AND CONTEMPORARY SCULPTURE.COLLECTIONS AT THE NASHER SCULPTURE CENTER CONSIST OF OBJECTS ON LOAN FROM THE RAYMOND AND PATSY NASHER COLLECTION, WORKS THAT ARE FORMALLY OWNED BY THE NSC, AND WORKS ON LOAN FROM OTHERS. OTHER OBJECTS MAY BE UNDER THE CARE OF THE NSC, INCLUDING WORKS ON PURCHASE APPROVAL AND WORKS ON TEMPORARY DEPOSIT IN THE CONSERVATION STUDIO FOR EXAMINATION AND/OR TREATMENT. THE SAME EXACTING AND HIGHLY PROFESSIONAL STANDARDS OF CARE APPLY TO ALL OBJECTS UNDER NSC MANAGEMENT.PART XI, 2D: $431,274 FUNDRAISING EXPENSE INCLUDED IN REVENUE ON TAX RETURN+$299,802 COST OF GOODS SOLD INCLUDED IN REVENUE ON TAX RETURN+$253,267 IN KIND REVENUE+$224 OTHER= $984,567 TOTALPART XII, 2D: $299,802 COST OF GOODS SOLD INCLUDED IN REVENUE ON TAX RETURN+ $431,274 FUNDRAISING EXPENSE INCLUDED IN REVENUE ON TAX RETURN- $9,150 INVESTMENT EXPENSE- $8,293 OTHER=$984,467 TOTAL Pt III, Line 1a ER HAS A COLLECTION OF WORKS OF ART THAT IT PROTECTS AND PRESERVES. THE COLLECTION PROVIDES A FOUNDATIN FOR EXHIBITIONS, RESEARCH, AND EDUCATINAL PUBLIC PROGRAMMING. THE CENTER HAS A REGISTRAR (UNDER THE SUPERVISION OF THE CONSERVATOR) TO ENSURE THE COLLECTION IS PROTECTED AND PRESERVED ADN HAS A DETAILED COLLECTION MANAGEMENT POLICY WHICH GOVERNS THE STEWARDSHIP OF THESE COLLECTIONS.THE CENTER ACCOUNTS FOR WORKS OF ART AS COLLECTION ITEMS IF THEY MEET THE DEFINITION OF A COLLECTION ACCORDING TO THE CRITERIA FOR RECOGNITION UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (*"FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") 958-360-PROPERTY, PLANT, AND EQUIPMENT. THE CRITERIA STATE THAT TO BE A COLLECTION THE ASSETS ARE (A)HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FINANCIAL GAIN (B) PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED AND (C) SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS OF ITEMS THAT ARE SOLD TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS ABSENT ANY DONOR IMPOSED RESTRICTIONS. THE CENTER HAS A POLICY OF NOT CAPITALIZING THE COLLECTION OF WORKS OF ART IN ITS FINANCIAL STATEMENTS. ACCORDINGLY, NO COLLECTION ITEMS ARE RECOGNIZED AS ASSETS, WHETHER THEY ARE PURCHASED OR RECEIVED AS A DONATION. PURCHASES OF COLLECTION ITEMS REDUCE UNRESTRICTED NET ASSETS IN THE PERIOD WHEN PURCHASED. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS. THE CENTER ADDED 10 INDIVIDUAL OBJECTS TO THE COLLECTION DURING THE YEAR ENDED SEPTEMBER 30, 2017 THROUGH GIFTS, TRANSFERS, OR PURCHASES. THE CENTER PURCHASED AND EXPENSED 2 INDIVIDUAL OBJECTS FOR $615,000 DURING THE YEAR ENDED SEPTEMBER 30, 2017. THERE WERE NO DEACCESSIONS IN THE YEARS ENDED SEPTEMBER 30, 2016 AND 2015. Pt III, Line 4 OPEN TO THE PUBLIC SINCE OCTOBER 20, 2003, THE NASHER SCULPTURE CENTER IS ONE OF THE FEW INSTITUTIONS IN THE WORLD DEVOTED TO THE EXHIBITION, STUDY AND PRESERVATION OF MODERN AND CONTEMPORARY SCULPTURE. CONCEIVED AS A SERENE URBAN RETREAT FOR THE ENJOYMENT OF MODERN ART, THE SCULPTURE CENTER IS THE NEW HOME OF THE RENOWNED RAYMOND AND PATSY NASHER COLLECTION OF MODERN AND CONTEMPORARY SCULPTURE. COLLECTIONS AT THE SCULPTURE CENTER CONSIST OF OBJECTS ON LOAN FROM THE RAYMOND AND PATSY NASHER COLLECTION, WORKS THAT ARE FORMALLY OWNED BY THE SCULPTURE CENTER, AND WORKS ON LOAN FROM OTHER OWNERS. OTHER OBJECTS MAY BE UNDER THE CARE OF THE SCULPTURE CENTER, INCLUDING WORKS ON PURCHASE APPROVAL AND WORKS ON TEMPORARY DEPOSIT IN THE CONSERVATION STUDIO FOR EXAMINATION AND/OR TREATMENT. Pt XI, Line 2d $431,274 FUNDRAISING EXPENSE INCLUDED IN REVENUE IN THE RETURN; PLUS $299,802 COST OF GOODS INCLUDED IN REVENUE; PLUS $253,267 IN KIND REVENUE; PLUS $224 OTHER FOR A TOTAL OF $984,567. Pt XII, Line 2d $299,802 COST OF GOODS SOLD; PLUS $431,274 FUNDRAISING EXPENSE; PLUS $270,934 IN KIND EXPENSES; MINUS $9,150 INVESTMENT EXPENSE; MINUS $8,293 OTHER EXPENSES EQUALS A TOTAL OF $984,467. Pt V, Line 4 THE SCULPTURE CENTER'S ENDOWMENT FUNDS ARE USED IN ACCORDANCE WITH THE PURPOSES STATED ABOVE. Pt XI, Line 4b THERE ARE NO OTHER AMOUNTS. Pt XII, Line 4b THERE ARE NO OTHER AMOUNTS. X X X X X X true MARTHA HESS FUNDRAISING false 150000 50400 99600 FUNDRAISING false 200000 36000 164000 350000 86400 263600 PRIZE GALA 1598955 1473170 125785 100000 161077 100950 9663 65480 1598955 1473170 125785 100000 161077 100950 9663 65480 437170 -311385 true ARTISTIC SUPPORT 5 2000 X X true true X X X X false false false false false false false false false JOHN MCBRIDE 185310 6071 17157 208538 JEREMY STRICK 464163 24000 17857 506020 NEIL MCGLENNON 221833 24000 24543 270376 JILL MAGNUSON 195357 24000 8259 227616 DAVID MORSE 123382 24000 16393 163775 MARTHA SKIZIM THRU 72416 CONTRACT T 148358 17758 166116 JEREMY STRICK DIRECTOR PERSONAL X 500000 524149 false true true 524149 X 8 777700 DONOR VALUATION X MISC 36 253267 DONOR VALUATION false false false Pt VI, Line 2 TWO BOARD TRUSTEE MEMBERS, DAVID HAEMISEGGER AND NANCY NASHER, ARE HUSBAND AND WIFE. ANDREA AND NANCY NASHER ARE SISTERS. Pt VI, Line 6 MEMBERSHIP IN THE NASHER SCULPTURE CENTER IS OPEN TO THE PUBLIC. SEVERAL MEMBERSHIP LEVELS ARE OFFERED AT DIFFERENT DUES LEVELS AND WITH DIFFERENT BENEFITS TO THE MEMBERS. Pt VI, Line 11b FORM 990 AND SCHEDULES ARE PREPARED BY THE CHIEF FINANCIAL OFFICER AND REVIEWED, SIGNED AND FILED BY THE TREASURER WHO IS A CPA. THE RETURN IS REVIEWED BY THE FINANCE COMMITTEE AT ITS NEXT MEETING AND THIS COMMITTEE THEN GIVES A SUMMARY REPORT TO THE FULL BOARD. A COPT OF FORM 990 IS PROVIDED TO EACH BOARD MEMBER. Pt VI, Line 12c EACH BOARD MEMBER AND KEY EMPLOYEE IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY. Pt VI, Line 15a COMPENSATION IS DETERMINED BASED UPON COMPENSATION BEING PAID BY OTHER MUSEUMS OF SIMILAR SIZE FOR SIMILAR SERVICES. Pt VI, Line 15b SEE PREVIOUS ANSWER. Pt VI, Line 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. NASHER FOUNDATION 8080 N CENTRAL EXPRESSWAY DALLAS TX 75206 752674048 ART OWNERSHIP/EXHIBIT TX 501(C)(3) PF NA false false false true false false false false false false false false false false false true false true false false NASHER FOUNDATION c 6200000 CASH DEFICIT NASHER FOUNDATION o 119448 HOURS WORKED NASHER FOUNDATION q 83811 DIRECT EXPENSES