2018-04-02T09:09:14-05:00 2017-06-30 231144520 TAIT WELLER & BAKER LLP 1818 MARKET STREET SUITE 2400 PHILADELPHIA PA 19103 990 2016-07-01 522376786 AMERICAN FRIENDS OF THE LOUVRE INC AMER 9177175037 305 EAST 47TH STREET 10TH FLOOR NEW YORK NY 10017 SUE DEVINE EXECUTIVE DIRECTOR 9177175037 2018-04-02 1 STACY CULLEN P00974308 2159798800 2018-04-02 24.104.70.126 2018-04-02 10:08:31 ED P 3834E085460C781144D781FFE9CA57D94F43F4E8 FAABE2C940A09A3E5856F6F4172EC7420B2C308A 2016 2021-01-29 14:40:06Z SUE DEVINE 305 EAST 47TH STREET 10TH FLOOR NEW YORK NY 10017 10488860 0 X WWW.AFLOUVRE.ORG X 2002 DE TO SOLICIT FUNDS FOR, MAKE GRANTS TO SUPPORT AND RAISE PUBLIC AWARENESS IN THE UNITED STATES OF THE LOUVRE MUSEUM AND ITS EXTENSIVE COLLECTION OF ART. 17 17 4 17 0 0 1356361 5637521 739550 715900 -114340 265834 -47139 -943290 1934432 5675965 3430227 4092566 0 0 393539 382623 0 0 190827 304023 280508 4127789 4755697 -2193357 920268 7928171 10251622 2062059 3136491 5866112 7115131 TO SOLICIT FUNDS FOR, MAKE GRANTS TO SUPPORT, AND RAISE PUBLIC AWARENESS IN THE UNITED STATES, OF THE LOUVRE MUSEUM AND ITS EXTENSIVE COLLECTION OF ART. 0 0 4320471 4092566 715900 TO SOLICIT FUNDS FOR, MAKE GRANTS TO SUPPORT, AND RAISE PUBLIC AWARENESS IN THE UNITED STATES, OF THE LOUVRE MUSEUM AND ITS EXTENSIVE COLLECTION OF WORKS OF ART. AMERICAN FRIENDS OF THE LOUVRE, ALSO SUPPORTS THE LOUVRE IN ITS EFFORTS TO IMPROVE EDUCATIONAL TOOLS AND VISITING CONDITIONS, PARTICULARLY FOR AMERICAN AND OTHER ENGLISH-SPEAKING VISITORS AND PROMOTES COLLABORATIONS BETWEEN THE LOUVRE AND AMERICAN INSTITUTIONS THROUGH THE DEVELOPMENT OF CULTURAL ACTIVITIES IN THE U.S., SUCH AS EXHIBITIONS, EDUCATIONAL PROGRAMS AND PROFESSIONAL AND SCHOLARLY EXCHANGES. AFL PARTICIPATES IN THE FINANCING OF LOUVRE PROJECTS, SUCH AS RENOVATIONS OF GALLERIES, RESTORATIONS, FELLOWSHIPS, AND EDUCATIONAL PROGRAMS BOTH IN FRANCE AND THE U.S. 4320471 1 1 0 0 0 0 0 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 8 0 1 4 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY NJ MA GA FL CT CA WA X SUE DEVINE 9177175031 305 EAST 47TH STREET 10TH FLOOR NEW YORK NY 10017 CHRISTOPHER FORBES CHAIRMAN/DIRECTOR 4.00 X X 0 0 0 JEAN-LUC MARTINEZ PRESIDENT/DIRECTOR 1.00 X X 0 0 0 BECCA CASON THRASH VICE CHAIR/DIRECTOR 3.00 X X 0 0 0 PATRICK A GERSCHEL TREASURER/DIRECTOR 1.00 X X 0 0 0 MAX BLUMBERG DIRECTOR 0.10 X 0 0 0 HANS MILLER DIRECTOR 0.10 X 0 0 0 HENRI DE CASTRIES DIRECTOR 0.10 X 0 0 0 MARC LADREIT DE LACHARRIERE DIRECTOR 0.10 X 0 0 0 FRANCOISE MILLER DIRECTOR 0.10 X 0 0 0 HIH PRINCESS NAPOLEON DIRECTOR 0.10 X 0 0 0 JOAN KAHN DIRECTOR 0.10 X 0 0 0 ADAM PRESS DIRECTOR 0.10 X 0 0 0 LIONEL SAUVAGE DIRECTOR 0.10 X 0 0 0 ANDREW BARTH DIRECTOR 0.10 X 0 0 0 FIONA CIBANI DIRECTOR 0.10 X 0 0 0 MANUEL CAMELO DIRECTOR 0.10 X 0 0 0 CAROLYN MINER DIRECTOR 0.10 X 0 0 0 SUE DEVINE EXECUTIVE DIRECTOR 40.00 X 216300 0 15141 216300 0 15141 1 0 1 0 0 1907274 3730247 3733577 5637521 MEMBERSHIPS 900099 715900 715900 715900 70607 70607 2493355 2298128 195227 195227 195227 1571477 1907274 2514767 -943290 -943290 5675965 715900 0 -677456 4092566 4092566 231441 77147 77147 77147 109488 36496 36496 36496 5355 1785 1785 1785 16713 5571 5571 5571 19626 6542 6542 6542 12544 12544 10750 10750 15461 15461 2904 968 968 968 34440 15465 9258 9717 14175 4725 4725 4725 33864 11288 11288 11288 34524 11508 11508 11508 33086 4906 5613 22567 6445 567 5311 567 REGISTRATION AND OTHER 27575 27575 CONTINGENCIES 11415 11415 MEMBERSHIP BENEFITS 4215 1405 1405 1405 STAFF DEVELOPMENT 681 227 227 227 38429 37890 225 314 4755697 4320471 244399 190827 2658003 3260595 1258201 1898527 6365 2500 3079102 4252500 926500 837500 7928171 10251622 41932 1173627 2020127 1962864 2062059 3136491 X 4477809 5620570 351604 357862 1036699 1136699 5866112 7115131 7928171 10251622 920268 328751 0 X 0 1 X 1 0 X 7223315 726359 1267428 1356361 5637521 16210984 7223315 726359 1267428 1356361 5637521 16210984 7013347 9197637 33433 176990 76433 51558 70607 409021 16620005 4974044 0.55340 0.53880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2600000 830000 X X X X 1 3745777 202702 576781 108278 4416982 3767059 252698 -137865 136115 3745777 3190458 535848 221013 180260 3767059 1907932 1282526 3190458 1585112 402317 79497 1907932 0.67000 0.26000 0.07000 0 0 0 DONATED ARTWORK 830000 OTHER ASSETS 7500 837500 X 5989255 328751 328751 5660504 15461 15461 5675965 4740236 0 4740236 15461 15461 4755697 PART III, LINE 4: THE ORGANIZATION HAS A COLLECTION OF WORKS OF ART, INCLUDING PAINTINGS AND DECORATIVE ARTS, CREATED BY ARTISTS BEFORE 1850 WHICH HAVE BEEN ACQUIRED THROUGH DONATIONS. PART X, LINE 2: MANAGEMENT HAS REVIEWED THE TAX POSITIONS FOR EACH OF THE OPEN TAX YEARS (2014-2016) OR EXPECTED TO BE TAKEN IN AFL'S 2017 TAX RETURN AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. 1 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION. GRANTS TO SUPPORT VARIOUS PROJECTS RELATED TO THE LOUVRE IN PARIS, FRANCE. 4037319 0 0 0 0 0 0 4037319 0 4037319 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM MASTABA RESTORATION. 2600000 ARTWORK. FMV EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM ROBERT DE ROTHSCHILD - ACQUISITIONS. 750000 WIRE TRANSFER. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM KAHN PASTELS COLLECTION. 233923 WIRE TRANSFER. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM PAINTING BY CHARLES LESLIE ROBERT. 8500 ARTWORK. FMV EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM DRAWING BY HENRI-FANTIN-LATOUR. 70000 ARTWORK. FMV EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM KOVLER FUND FOR PUBLIC AND SOCIAL OUTREACH. 20000 WIRE TRANSFER. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM CRISTALLO PROJECT. 12517 WIRE TRANSFER. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM INTERNATIONAL COUNCIL GRANT. 203739 PLEDGED IN FY 15 WITH PAYMENT TO BE MADE IN FY16. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM GENOESE DRAWINGS. 80000 WIRE TRANSFER. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM LABEL TRANSLATION. 52000 WIRE TRANSFER. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM FOR THE LOUVRE CURATED EXHIBITION FROM BAMIYAN TO PALMYRA. 55247 WIRE TRANSFER. 1 0 0 0 0 0 0 0 PART I, LINE 2: FOR EACH GRANT MADE BY THE ORGANIZATION, THE FOLLOWING TWO ARTICLES ARE INCLUDED IN THE GRANT AGREEMENT WITH THE GRANTEE WHICH REFLECT HOW THE ORGANIZATION MONITORS THE USE OF GRANT FUNDS OUTSIDE OF THE UNITED STATES: 1). THE [GRANTEE] SHALL SUBMIT A WRITTEN REPORT TO AFL'S BOARD OF DIRECTORS ON OR AFTER [DATE] OF THE YEAR FOLLOWING THE FINAL EXPENDITURE OF THE GRANT FUNDS FOR THE PROJECT. IF THE GRANT FUNDS ARE EXPENDED FOR THE PROJECT OVER A PERIOD OF TIME THAT EXCEEDS ONE YEAR, THE [GRANTEE] SHALL FURNISH INTERIM REPORTS ON OR AFTER [DATE] OF EACH YEAR DURING WHICH GRANT FUNDS ARE OUTSTANDING, IN ADDITION TO FURNISHING THE REPORT DUE AFTER FINAL EXPENDITURE OF THE GRANT FUNDS. THESE REPORTS SHOULD BE SUBSTANTIALLY IN THE FORM OF THE ATTACHED ANNUAL REPORT AND SHOULD CONTAIN: (A) AN ATTESTATION AS TO THE APPROPRIATE USE OF THE GRANT FUNDS BY THE [GRANTEE] SIGNED BY AN AUTHORIZED INDIVIDUAL OF THE [GRANTEE] AND (B) AN ANALYSIS OF THE SUCCESS OF THE PROJECT, WITH A DESCRIPTION OF HOW IT WAS CARRIED OUT. 2). AFL MAY MONITOR THE PROGRESS OF THE PROJECT (INCLUDING BY MAKING SITE VISITS), INQUIRE ABOUT THE PROJECT, ITS IMPLEMENTATION, AND FINANCES WITH REPRESENTATIVES OF THE [GRANTEE], AND REVIEW RECORDS AND OTHER MATERIAL, INCLUDING FINANCIAL RECORDS, CONNECTED WITH THE PROJECT. LL4 3374849 1819372 1555477 1129477 89769 1276844 PALM BEACH KESSLER 72000 64200 7800 4373 1 31902 23702 8200 4100 7265 2939 3478751 1907274 1571477 1133577 89769 7265 1284156 2514767 -943290 X X X 0 0 0 0 0 0 0 0 0 SUE DEVINE EXECUTIVE DIRECTOR 216300 0 0 0 0 0 15141 0 0 0 231441 0 0 0 X 5 2892500 FMV X 2 259977 FMV X 1 130000 FMV X VARIOUS AUCTION ITEMS 14 119100 FMV X MATT COLLISHAW ART COLLECTION 1 80000 FMV X TRIP TO MEXICO 3 60000 FMV X TRIP TO FRANCE 2 48000 FMV X TRIP TO ROME 4 40000 FMV X JOEL MORRISON - ROMEO SCULPTURE 1 30000 FMV X HAAS BROS- " LA BREA BRAD PITT" RUG 1 30000 FMV X TRIP TO BRAZIL 1 21000 FMV X TRIP TO VENICE 1 20000 FMV X TRIP TO MARFA 1 3000 FMV 0 1 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE CHAIRMAN AND SECRETARY OF THE BOARD AND THE EXECUTIVE DIRECTOR FOR THEIR REVIEW. A COPY OF THE FINAL FORM 990 IS THEN PROVIDED TO EACH BOARD MEMBER PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAILS OUT A FORM ONCE A YEAR ASKING BOARD MEMBERS TO DISCLOSE ANY CONFLICTS OF INTEREST IN WRITING. THEY ARE REQUIRED TO SIGN THE FORM AND RETURN IT TO THE ORGANIZATION'S OFFICE WHERE THE FORMS ARE KEPT ON FILE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE CONDUCTS AN ANNUAL PERFORMANCE EVALUATION OF THE EXECUTIVE DIRECTOR AND SETS COMPENSATION IN ACCORDANCE WITH THE REBUTTABLE PRESUMPTION PROCEDURE OF THE INTERMEDIATE SANCTIONS RULES SET FORTH IN CODE SECTION 4958 AND THE CONFLICT OF INTEREST PROVISIONS OF SECTION 144 OF THE DELAWARE GENERAL CORPORATION LAW. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE.