2025-11-12T12:24:25-06:00 2024-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2024-01-01 611472746 THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM ISAM 7182047088 32-37 VERNON BLVD LONG ISLAND CITY NY 11106 AMY HAU DIRECTOR 7182047088 2025-11-11 1 1 FREDERICK MARTENS P00298107 2126972299 2024 2025-03-06 01:10:19Z S BAILEY S KESSLER 32-37 VERNON BLVD LONG ISLAND CITY NY 11106 27891946 0 X WWW.NOGUCHI.ORG X 2004 NY TO ADVANCE THE UNDERSTANDING AND APPRECIATION OF ISAMU NOGUCHI'S ART AND LEGACY. 15 15 89 16 0 0 1626083 1822009 611577 712905 3237138 9809336 6445747 7050216 11920545 19394466 0 0 0 0 5064116 5461281 0 0 907376 4935756 6339593 9999872 11800874 1920673 7593592 74038587 82697674 3907244 3623614 70131343 79074060 X THE MISSION OF THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM IS TO ADVANCE THE UNDERSTANDING AND APPRECIATION OF ISAMU NOGUCHI'S ART AND LEGACY.THE ISAMU NOGUCHI FOUNDATION AND GARDEN MUSEUM SEEKS TO PROTECT AND PRESERVE ISAMU NOGUCHI'S WORK AND ARCHIVES, AS WELL AS TO SUSTAIN HIS MUSEUM AS A PLACE FOR THE EXPLORATION OF INDIVIDUAL ARTISTIC ENDEAVORS AND CREATIVE COLLABORATION. THE MUSEUM ALSO AIMS TO EXPAND ON NOGUCHI'S LEGACY OF WIDE-RANGING INTERESTS AND INTIMATE ARTISTIC EXPERIENCE THROUGH AN ACTIVE EXHIBITION, EDUCATION, RESEARCH, AND PUBLIC-PROGRAMMING SCHEDULE, WHILE CONTINUING TO BROADEN HIS INFLUENCE AND RELEVANCE, FOCUSING ON HOW HIS WORK WILL INFORM CONTEMPORARY CULTURE FOR GENERATIONS TO COME. 0 0 2764715 6191425 MERCHANDISINGTHE NOGUCHI MUSEUM SELLS FUNCTIONAL EXAMPLES OF LIGHTING AND FURNITURE DESIGNED BY ISAMU NOGUCHI, AS WELL AS OTHER MERCHANDISE THAT IS DIRECTLY RELATED TO THE EXHIBITIONS, AND INTERPRETATIVE MATERIALS IN THE GALLERIES TO ALLOW MUSEUM VISITORS TO EXTEND THEIR AESTHETIC AND EDUCATIONAL EXPERIENCE OVER TIME. 1758810 COLLECTIONTHE NOGUCHI MUSEUM MANAGES THE WORLD'S LARGEST AND MOST EXTENSIVE COLLECTION OF NOGUCHI'S ART, AND IS DEDICATED TO THE PRESERVATION OF THIS BODY OF WORK. THERE ARE APPROXIMATELY 500 OBJECTS IN THE MUSEUM'S PERMANENT COLLECTION WHICH INCLUDES STONE, SCULPTURES, CERAMICS, DANCE SETS, DRAWINGS, FURNITURE, SCULPTURAL MODELS, PORTRAIT HEADS, AND MODELS FOR PUBLIC WORKS. WHILE DESIGNING AND CURATING HIS MUSEUM, NOGUCHI SELECTED SEVERAL OF THESE WORKS TO BE ON PERMANENT DISPLAY IN THE MUSEUM'S GALLERIES. IN ADDITION TO SHOWCASING ITS PERMANENT COLLECTION, THE NOGUCHI MUSEUM ALSO SERVES THE INTERNATIONAL COMMUNITY BY LOANING WORKS TO OTHER INSTITUTIONS. 1649325 712905 EXHIBITIONSIN ADDITION TO THE PERMANENT COLLECTION INSTALLED GALLERIES AND GARDEN AT THE NOGUCHI MUSEUM, EACH YEAR CHANGING EXHIBITIONS ARE PRESENTED THAT OFFER NEW PERSPECTIVES ON NOGUCHI'S ARTISTIC PRODUCTION. IN 2024, CHANGING EXHIBITIONS INCLUDED: "TOSHIKO TAKAEZU: WORLDS WITHIN" THAT CONTINUED ONTO A NATIONAL TOUR, "MIWAKO KURASHIMA: FOLDING COSMOS, AND "AGAINST TIME: THE NOGUCHI MUSEUM 40TH ANNIVERSARY REINSTALLATION," CELEBRATING THE MUSEUM'S 40TH ANNIVERSARY. 2577245 EDUCATION, CATALOGUE RAISONNE, PUBLIC PROGRAMS, AND VISITOR SERVICES. 2577245 8750095 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 79 0 1 89 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X AMY HAU 7182047088 32-37 VERNON BLVD LONG ISLAND CITY NY 11106 SPENCER BAILEY CO-CHAIR 2.00 X X 0 0 0 SUSAN KESSLER CO-CHAIR 2.00 X X 0 0 0 CHRISTIANE FISCHER VICE CHAIR 2.00 X X 0 0 0 MARY PING VICE CHAIR 2.00 X X 0 0 0 ANUJ PURI VICE CHAIR 2.00 X X 0 0 0 MALCOLM C NOLEN TREASURER 2.00 X X 0 0 0 ANTHONY WILLIAMS SECRETARY 2.00 X X 0 0 0 MAXIMILIAN CORETH TRUSTEE 1.00 X 0 0 0 LUCY LAMPHERE TRUSTEE 1.00 X 0 0 0 HIROKO MURASE TRUSTEE (TO FEB 2024) 1.00 X 0 0 0 CAROL RATTRAY TRUSTEE 1.00 X 0 0 0 PHYLLIS LALLY SEEVERS TRUSTEE 1.00 X 0 0 0 SARAH WENDELL SHERRILL TRUSTEE 1.00 X 0 0 0 ED TANG TRUSTEE 1.00 X 0 0 0 IAN WARDROPPER TRUSTEE 1.00 X 0 0 0 KULAPAT YANTRASAST TRUSTEE 1.00 X 0 0 0 AMY HAU DIRECTOR 40.00 X 281428 0 13058 BRETT LITTMAN FORMER DIRECTOR 0.00 X 175616 0 11114 JESSICA LYSONS CHIEF FINANCIAL OFFICER 40.00 X 63561 0 23866 JENNIFER LORCH DEPUTY DIRECTOR 40.00 X 192735 0 68335 LIZAN HIGHLAND DIRECTOR OF PEOPLE + CULTURE 40.00 X 153241 0 27259 GEORGE JUERGENS FACILITIES DIRECTOR 40.00 X 138917 0 56813 LARRY GIACOLETTI DIRECTOR OF COLLECTIONS 40.00 X 122170 0 24594 QUEENA KO DIRECTOR OF EDUCATION 40.00 X 118738 0 12665 LAURA GRENIER DIRECTOR, AKARI OPERATIONS 40.00 X 108333 0 22869 1354739 0 260573 13 1 1 0 ALLIED BARTON SECURITY SERVICES LLC PO BOX 828854 PHILADELPHIA PA 19182 SECURITY 294106 YOUR PART-TIME CONTROLLER LLC 1600 MARKET STREET SUITE 3425 PHILADELPHIA PA 19103 ACCOUNTING 202205 2 171180 214676 961505 474648 1822009 MUSEUM ADMISSION FEES 713990 659189 659189 EDUCATION/WORKSHOP FEE 713990 31216 31216 EXHIBITION FEES 713990 20000 20000 ART WORK LOAN FEE 713990 2500 2500 712905 1823964 1823964 719347 719347 6711129 7746090 6067804 404043 643325 7342047 7985372 7985372 166846 214676 166846 0 8050212 1858787 6191425 6191425 MISCELLAENOUS 900099 139444 139444 139444 19394466 6904330 0 10668127 643003 307227 213282 122494 3806158 3059419 474045 272694 260059 204091 38088 17880 354173 293463 36750 23960 397888 303654 59892 34342 267463 267463 46384 46384 179925 179925 532199 106343 332549 93307 45288 20253 7065 17970 1259533 1239122 9798 10613 1359437 1117671 141039 100727 275261 262264 4764 8233 161906 82297 55345 24264 149644 64026 79135 6483 844367 661179 116239 66949 234196 196990 23482 13724 EXHIBITION/PROG COSTS 523101 487365 18443 17293 CONSERVATION 216608 173731 6120 36757 MISCELLANEOUS 124003 88192 26064 9747 EVENT COSTS 115278 82808 2531 29939 5000 5000 11800874 8750095 2143403 907376 892255 1033173 2879185 1837123 233600 171890 1560787 8122504 1136979 1145567 1502402 1556134 32661668 14820694 16904836 17840974 46764630 48897120 2163913 2093189 74038587 82697674 501545 580397 207912 276125 3060524 2720262 137263 46830 3907244 3623614 X 65149339 73823857 4982004 5250203 70131343 79074060 74038587 82697674 7593592 1349125 0 X 0 1 X 1 0 X 1951984 2709090 2299060 1626083 1822009 10408226 1951984 2709090 2299060 1626083 1822009 10408226 1263140 9145086 1861828 2816982 2387383 2228623 2543311 11838127 64782 37399 2541 5483 139444 249649 22496002 32367622 0.40650 0.40110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 971937 82197 1054134 854858 117079 971937 1014964 -160106 854858 1007980 6984 1014964 0.00000 0.95622 0.04378 0 0 2241447 2241447 4870660 2447108 2423552 24545572 11712631 12832941 1003989 660955 343034 17840974 REFUNDABLE ADVANCE 1575 OPERATING LEASE LIABILITY 45255 46830 22462642 1349125 40189 1858787 3248101 19214541 179925 179925 19394466 13519925 40189 1858787 1898976 11620949 179925 179925 11800874 PART III, LINE 1A: THE MUSEUM MAINTAINS A COLLECTION OF THE WORKS OF ISAMU NOGUCHI. THE VALUE OF THE COLLECTION, WHICH WAS ACQUIRED PURSUANT TO THE WILL OF ISAMU NOGUCHI, IS NOT REFLECTED AS AN ASSET ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE EXPENSED IN THE YEAR OF ACQUISITION. CONTRIBUTIONS OF COLLECTION ITEMS ARE NOT RECOGNIZED IN THE STATEMENT OF ACTIVITIES. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS REVENUE IN THE STATEMENT OF ACTIVITIES. IN ACCORDANCE WITH THE INTENTIONS OF ISAMU NOGUCHI, APPROXIMATELY 500 WORKS ARE DESIGNATED AND MAINTAINED AS THE MUSEUM'S PERMANENT COLLECTION. THIS PORTION OF THE COLLECTION IS HELD FOR PUBLIC SERVICE RATHER THAN FINANCIAL GAIN, PROTECTED AND PRESERVED, AND SUBJECT TO AN ORGANIZATIONAL POLICY THAT REQUIRES THE PROCEEDS FROM SALES OF SUCH ITEMS TO BE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. IN ADDITION TO THE WORKS IN ITS PERMANENT COLLECTION, AND ALSO IN ACCORDANCE WITH THE INTENTIONS OF ISAMU NOGUCHI, THE MUSEUM MAINTAINS APPROXIMATELY 3,500 OTHER WORKS, REFERRED TO AS THE RESIDUAL WORKS. THESE WORKS ARE HELD BY THE MUSEUM TO AUGMENT THE PERMANENT COLLECTION, BUT FROM TIME TO TIME MAY BE SOLD OR OTHERWISE TRANSFERRED TO SUPPORT THE PROGRAMS AND OPERATIONS OF THE MUSEUM IN ACCORDANCE WITH ITS COLLECTIONS MANAGEMENT POLICY, AND TRANSFERRED TO THE MUSEUM'S RESERVE FUND, WHICH IS USED TO SUPPORT THE PROGRAMS AND OPERATIONS OF THE MUSEUM. A DESCRIPTION OF THE CONTENTS OF THE PERMANENT COLLECTION AND THE RESIDUAL WORKS IS MAINTAINED BY THE REGISTRAR. THE WORKS OF BOTH ARE INSURED FOR $35,000,000 PLUS $25,000,000 FOR ITEMS ON LOAN AT OTHER LOCATIONS. PART III, LINE 4: THE NOGUCHI MUSEUM MANAGES THE WORLD'S LARGEST AND MOST EXTENSIVE COLLECTION OF NOGUCHI'S ART AND IS DEDICATED TO THE PRESERVATION OF THIS BODY OF WORK. THERE ARE APPROXIMATELY 500 OBJECTS IN THE MUSEUM'S PERMANENT COLLECTION WHICH INCLUDE STONE, SCULPTURES, CERAMICS, DANCE SETS, DRAWINGS, FURNITURE, SCULPTURAL MODELS, PORTRAIT HEADS, AND MODELS FOR PUBLIC WORKS. WHILE DESIGNING AND CURATING HIS MUSEUM, NOGUCHI SELECTED SEVERAL OF THESE WORKS TO BE ON PERMANENT DISPLAY IN THE MUSEUM'S GALLERIES. IN ADDITION TO SHOWCASING ITS PERMANENT COLLECTION FOR THE PUBLIC, THE NOGUCHI MUSEUM ALSO SERVES THE INTERNATIONAL COMMUNITY BY LOANING WORKS TO OTHER INSTITUTIONS. PART V, LINE 4: THE MUSEUM'S ENDOWMENT SUPPORTS ITS EDUCATIONAL PROGRAMS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,858,787. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,858,787. FALL BENEFIT 381522 214676 166846 74080 32942 59824 381522 214676 166846 74080 32942 59824 166846 0 1 X X 1 0 0 0 0 0 0 0 0 AMY HAU DIRECTOR 281428 0 0 0 0 0 0 0 13058 0 294486 0 0 0 BRETT LITTMAN FORMER DIRECTOR 0 0 0 0 175616 0 0 0 11114 0 186730 0 0 0 JENNIFER LORCH DEPUTY DIRECTOR 192735 0 0 0 0 0 21369 0 46966 0 261070 0 0 0 LIZAN HIGHLAND DIRECTOR OF PEOPLE + CULTURE 153241 0 0 0 0 0 13696 0 13563 0 180500 0 0 0 GEORGE JUERGENS FACILITIES DIRECTOR 138917 0 0 0 0 0 15502 0 41311 0 195730 0 0 0 PART I, LINE 4A BRETT LITTMAN WAS PAID SEVERANCE OF $175,616 IN CALENDAR YEAR 2024. A NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY 132906040 NC0058294 2003-02-26 9000000 PAY FOR REFINANCING AND RENOVATIONS OF THE NEW MUSEUM SPACE 1 1 0 A 47013 9000000 47013 8952987 2004 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 0 1 0 0 0 0 A 0 X 1 0 N/A 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 IN 2024, THE MUSEUM MADE AMENDMENTS TO THE FOLLOWING FOUR DOCUMENTS: INSTITUTIONAL CODE OF ETHICS, CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY, AND ITS BY-LAWS. THESE AMENDMENTS ARE PROMPTED BY THE MUSEUM'S UPCOMING AMERICAN ALLIANCE OF MUSEUMS (AAM) REACCREDITATION, WHICH REQUIRES THE MUSEUM TO SUBMIT NUMEROUS MATERIALS FOR REVIEW IN 2026, INCLUDING THE CODE OF ETHICS. REVIEWING THE CODE OF ETHICS CREATED THE OCCASION TO REVIEW THE OTHER DOCUMENTS, AND TO ENSURE THAT THEY ARE CONSISTENT WITH EACH OTHER. SUMMARY OF CHANGES: 1) UPDATES TO BRING THE RESPECTIVE POLICIES IN CONFORMITY WITH EACH OTHER; 2) ADDING CONSISTENT LANGUAGE REGARDING THE BOARD COMMITTEE RESPONSIBLE FOR MAINTAINING AND IMPLEMENTING THESE POLICIES; 3) REORDERING OF SECTIONS WITHIN EACH POLICY FOR CLARITY; 4) CHANGING REFERENCES TO THE MUSEUM TO "MUSEUM," RATHER THAN "CORPORATION," IN KEEPING WITH THE MUSEUM'S TYPICAL PRACTICE; AND 5) CHANGING OF "HE OR SHE" TO "THEY," IN KEEPING WITH THE MUSEUM'S STYLE GUIDE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM IS PREPARED BY THE MUSEUM'S INDEPENDENT EXTERNAL ACCOUNTING FIRM, AND IS REVIEWED IN DETAIL BY THE DIRECTOR OF FINANCE. ONCE THE DETAILS ARE REVIEWED AND CONFIRMED, THE FORM IS GIVEN TO THE MUSEUM'S DIRECTOR AND BOARD OF TRUSTEES FOR REVIEW. ONCE ALL COMMENTS, QUESTIONS AND OBSERVATIONS ARE ADDRESSED, THE FORM IS FINALIZED, SIGNED BY THE MUSEUM'S DIRECTOR, AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH YEAR A CONFLICT OF INTEREST STATEMENT IS SENT TO ALL TRUSTEES AND ALL "KEY PERSONS", IN WHICH THE PERSONS DISCLOSE CONFLICT OF INTEREST, IF ANY. THESE STATEMENTS ARE SIGNED AND RETURNED TO THE MUSEUM FOR REVIEW. IF A CONFLICT IS DISCOVERED IT IS BROUGHT TO THE ATTENTION OF THE CHAIRMAN OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE MEMBERS OR THE MUSEUM'S DIRECTOR, AS APPROPRIATE AND A DECISION IS MADE AS TO HOW TO RESOLVE THE PARTICULAR CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 2024 SALARIES WERE VALIDATED AND BENCHMARKED BASED ON A MARKET ANALYSIS OF FOUR COMPENSATION SURVEYS, CONDUCTED BY CONSULTANTS, AND REVIEWED BY THE BOARD'S AD-HOC COMPENSATION COMMITTEE AND CO-CHAIRS, AS WELL AS WITH THE MUSEUM'S DIRECTOR. THE MUSEUM'S DIRECTOR WAS HIRED IN 2024, AND HER SALARY WAS DETERMINED IN CONSULTATION WITH THE EXECUTIVE RECRUITMENT FIRM AND IS REVIEWED ANNUALLY BY THE BOARD'S EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 YES, THE ORGANIZATION'S FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE BY REQUEST, AND CAN BE FOUND ON VARIOUS SITES SUCH AS GUIDESTAR, NY CHARITIES BUREAU, ETC.