2025-11-18T11:19:35-06:00 2024-12-31 341897225 HILL BARTH & KING LLC 48 S SERVICE RD SUITE 310 MELVILLE NY 11747 990 2024-01-01 133120824 APERTURE FOUNDATION INC APER 2125055555 548 WEST 28TH STREET 4TH FLOOR NEW YORK NY 10001 SARAH MEISTER EXECUTIVE DIRECTOR 5168225000 2025-11-15 1 0 CHRIS CHEESEMAN P00270748 5168225000 2025-11-18 2024 2025-03-06 01:10:19Z SARAH MEISTER 548 WEST 28TH STREET 4TH FLOOR NEW YORK NY 10001 8650178 0 X APERTURE.ORG X 1982 NY PUBLICATION OF BOOKS, MAGAZINES, AND MAINTENANCE OF AN ART GALLERY FOR THE PURPOSE OF PROMOTING AN APPRECIATION OF PHOTOGRAPHY & VISUAL ARTS. 27 27 52 0 405210 0 5490523 3685144 626085 488017 37791 20288 2501633 2451963 8656032 6645412 0 0 0 0 3673323 3654984 0 0 1258122 3856188 3701411 7529511 7356395 1126521 -710983 17355144 19562164 9552204 12545306 7802940 7016858 PUBLICATION OF BOOKS, MAGAZINES, AND MAINTENANCE OF AN ART GALLERY FOR THE PURPOSE OF PROMOTING AN APPRECIATION OF PHOTOGRAPHY & VISUAL ARTS. 0 0 4349179 PUBLICATION OF BOOKS AND MAGAZINES AND MAINTENANCE OF ART GALLERY FOR THE PURPOSE OF PROMOTING APPRECIATION OF PHOTOGRAPHY AND VISUAL ARTS 4349179 1 1 0 0 0 0 0 1 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 167 0 52 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 0 NY X MARY COLMAN ST JOHN 2125055555 548 WEST 28TH STREET 4TH FLOOR NEW YORK NY 10001 ALLAN CHAPIN TRUSTEE/SECY 0.00 X X 0 0 0 ANDREW E LEWIN TRUSTEE 0.00 X 0 0 0 CASEY WEYAND TRUSTEE 0.00 X 0 0 0 CATHY KAPLAN TTEE/CHAIRMAN 0.00 X X 0 0 0 COLETTE VEASEY-CULLORS TRUSTEE 0.00 X 0 0 0 DAWOUD BEY TRUSTEE 0.00 X 0 0 0 DEBORAH WILLIS TRUSTEE 0.00 X 0 0 0 ELIZABETH KAHANE TRUSTEE 0.00 X 0 0 0 HELEN NITKIN TRUSTEE 0.00 X 0 0 0 JULIE BEDARD TRUSTEE 0.00 X 0 0 0 KATE CORDSEN TRUSTEE 0.00 X 0 0 0 KENNETH MONTAGUE TRUSTEE 0.00 X 0 0 0 KWAME BRATHWAITE TRUSTEE 0.00 X 0 0 0 LINDSAY MCCRUM TRUSTEE 0.00 X 0 0 0 LISA ROSENBLUM TRUSTEE/VICE CHAIR 0.00 X 0 0 0 LYLE ASHTON HARRIS TRUSTEE 0.00 X 0 0 0 MELISSA O'SHAUGHNESSY TRUSTEE 0.00 X 0 0 0 MICHAEL HOEH TRUSTEE/TREAS 0.00 X X 0 0 0 PETER BARBUR TRUSTEE 0.00 X 0 0 0 PHILLIPPE LAUMONT TRUSTEE 0.00 X 0 0 0 SARAH MEISTER EXECUTIVE DIR. 40.00 X X 274423 0 11406 STEPHEN NICHOLAS TRUSTEE 0.00 X 0 0 0 STUART COOPER TRUSTEE 0.00 X 0 0 0 TOM SCHIFF TRUSTEE 0.00 X 0 0 0 VASANT NAYAK TRUSTEE 0.00 X 0 0 0 ZACHARY DRUCKER TRUSTEE 0.00 X 0 0 0 ROB GIAMPETRO TRUSTEE 0.00 X 0 0 0 BRUCE HALPRYN TRUSTEE 0.00 X 0 0 0 MARY COLMAN ST JOHN CFO 40.00 X 156984 0 9534 KELLIE MCLAUGHLIN EMPLOYEE 40.00 X 107626 0 17649 MICHAEL FAMIGHETTI EMPLOYEE 40.00 X 118773 0 15634 657806 0 54223 4 0 1 0 0 835785 2849359 3685144 SUBSCRIPTIONS 513120 488017 488017 488017 38 38 27000 6750 20250 20250 20250 107025 835785 298271 -191246 -191246 3814878 1699745 2115133 2115133 ADVERTISING 541800 405210 405210 MISCELLANEOUS INCOME 71008 71008 COMPETITION ENTRY FEES 33640 33640 18218 18218 528076 6645412 2603150 405210 -48092 X 657806 657806 2361765 1240924 521776 599065 355460 355460 279953 169865 56460 53628 44864 44864 35660 35660 239688 151997 49378 38313 13832 13832 23145 16776 2898 3471 145399 47010 88663 9726 335884 335884 374087 271213 46761 56113 28332 17974 7242 3116 2186 2186 58606 58606 87774 87774 68906 35134 26503 7269 LOSS ON WRITEDOWN OF IN 430297 430297 SPECIAL EVENTS & ANNUAL 407139 891 406248 COMMISSIONS & FEES 200200 200200 POSTAGE 167830 157526 8432 1872 1037582 599664 358617 79301 7356395 4349179 1749094 1258122 187829 310485 2014497 1405568 990063 1065836 1985695 2177449 76471 142676 13312974 1878526 9687441 11434448 11777 9003 499804 1096666 1901567 1920033 17355144 19562164 2358732 2642975 5731000 8000000 470000 870000 992472 1032331 9552204 12545306 X 3739350 0 4063590 7016858 7802940 7016858 17355144 19562164 -710983 -5099 -70000 0 X 0 1 X 1 0 X 1913058 2193588 2322857 5490523 3685144 15605170 5592796 5082002 5141348 4731475 4414761 24962382 333898 487486 696655 183115 107028 1808182 7839752 7763076 8160860 10405113 8206933 42375734 1298846 1028761 1177604 2023280 1194325 6722816 942 942 1299788 1028761 1177604 2023280 1194325 6723758 35651976 5765 601 5763 291 38 12458 5765 601 5763 291 38 12458 7845517 7763677 8166623 10405404 8206971 42388192 0.84110 0.79910 0.00030 0.00070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 54208 54208 11329174 11329174 1256342 1256269 73 673250 622257 50993 11434448 SECURITY DEPOSIT 23917 ARTWORK OBTAINED BY GIFT OR BEQUEST 1075577 ERC RECEIVABLE 701740 OPERATING LEASE RIGHT OF USE ASSET 100924 INVENTORY RETURN ALLOWANCE 17875 1920033 DEFERRED INCOME 516390 RESERVE FOR RETURNS 178946 OPERATING LEASE LIABILITY - CURRENT 90924 PTO ACCRUAL 246071 1032331 X 8638329 -5099 1998016 1992917 6645412 0 6645412 9424411 70000 1998016 2068016 7356395 0 7356395 PART III, LINE 4: COLLECTIONS ARE MAINTAINED TO SUPPORT THE ORGANIZATION'S MISSION OF PROMOTING AN APPRECIATION OF PHOTOGRAPHY AND VISUAL ARTS. PART X, LINE 2: PURSUANT TO THE ACCOUNTING GUIDANCE CONCERNING PROVISIONS FOR UNCERTAIN INCOME TAX POSITIONS CONTAINED IN THE FINANCIAL ACCOUNTING STANDARDS BOARD'S ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740-10, MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AND ASSOCIATED UNRECOGNIZED BENEFITS THAT MATERIALLY IMPACT THE FINANCIAL STATEMENTS OR RELATED DISCLOSURES. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND ACCORDINGLY, NO PROVISION HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS FOR ANY FEDERAL TAXES. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,699,745. FUNDRAISING DIRECT EXPENSES 298,271. PLEDGE RECEIVABLE ADJUSTMENT PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,699,745. FUNDRAISING DIRECT EXPENSES 298,271. X X X X X X X 1 INTERIM SOLUTIONS 142 WEST END AVE NEW YORK NY 10023 DEVELOP FUNDRAISING EFFORTS AND PLANNING 0 0 0 0 NY ANNUAL BENEFIT 942810 835785 107025 48024 127997 5000 117250 942810 835785 107025 48024 127997 5000 117250 298271 -191246 X X X X 0 0 0 0 0 0 0 0 0 SARAH MEISTER EXECUTIVE DIR. 274423 0 0 0 0 0 0 0 0 11406 274423 11406 0 0 MARY COLMAN ST JOHN CFO 156984 0 0 0 0 0 0 0 0 9534 156984 9534 0 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - FORM 990 REVIEW CONDUCTED BY EXECUTIVE DIRECTOR, CFO & AUDIT COMMITTEE FORM 990, PART VI, SECTION B, LINE 15 IN 2020, THE BOARD ENGAGED A RECRUITING FIRM TO HIRE A NEW EXECUTIVE DIRECTOR TO REPLACE CHRIS BOOT, WHO RETIRED IN APRIL 2021. THE RECRUITING FIRM HELPED WITH THE SEARCH, REVIEWED APPLICATIONS, AND PROVIDED COMPARABLE COMPENSATION TO HELP ESTABLISH COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 24E PERIODICAL MAILING: PROGRAM SERVICE EXPENSES 148,244. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 148,244. OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 4,800. MANAGEMENT AND GENERAL EXPENSES 124,053. FUNDRAISING EXPENSES 7. TOTAL EXPENSES 128,860. TRADE SHOWS: PROGRAM SERVICE EXPENSES 93,816. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 93,816. EXHIBITS: PROGRAM SERVICE EXPENSES 90,533. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 90,533. BANK & CREDIT CARD CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 85,114. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 85,114. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 69,704. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 69,704. LECTURES: PROGRAM SERVICE EXPENSES 61,028. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,028. TELEPHONE: PROGRAM SERVICE EXPENSES 43,169. MANAGEMENT AND GENERAL EXPENSES 7,443. FUNDRAISING EXPENSES 8,931. TOTAL EXPENSES 59,543. PRIZES: PROGRAM SERVICE EXPENSES 58,638. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 58,638. CATALOGS & DIRECT MAIL: PROGRAM SERVICE EXPENSES 27,454. MANAGEMENT AND GENERAL EXPENSES 19,284. FUNDRAISING EXPENSES 1,792. TOTAL EXPENSES 48,530. CONDO FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 33,768. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,768. UTILITIES: PROGRAM SERVICE EXPENSES 23,701. MANAGEMENT AND GENERAL EXPENSES 4,086. FUNDRAISING EXPENSES 4,904. TOTAL EXPENSES 32,691. MEMBERSHIPS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 29,172. TOTAL EXPENSES 29,172. EDUCATION: PROGRAM SERVICE EXPENSES 26,698. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,698. REPAIRS & MAINTENANCE: PROGRAM SERVICE EXPENSES 17,593. MANAGEMENT AND GENERAL EXPENSES 3,033. FUNDRAISING EXPENSES 3,640. TOTAL EXPENSES 24,266. DUES & SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 1,110. MANAGEMENT AND GENERAL EXPENSES 363. FUNDRAISING EXPENSES 20,680. TOTAL EXPENSES 22,153. DEVELOPMENT EXPENSES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 484. FUNDRAISING EXPENSES 9,966. TOTAL EXPENSES 10,450. VAULT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,000. ARCHIVE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,169. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,169. CONSIGNMENT: PROGRAM SERVICE EXPENSES 1,871. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,871. SECURITY: PROGRAM SERVICE EXPENSES 1,009. MANAGEMENT AND GENERAL EXPENSES 174. FUNDRAISING EXPENSES 209. TOTAL EXPENSES 1,392. BAD DEBTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,129. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,129. TAXES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 813. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 813.