2017-05-15T17:14:15-05:00 2016-06-30 260524215 COMPASS ASSOCIATES LLC 3362 S HALSTED ST CHICAGO IL 606086742 990 2015-07-01 363225519 NATIONAL MUSEUM OF MEXICAN ART FKA MEXICAN FINE ARTS CENTER MUSEUM NATI 3127381503 1852 WEST 19TH STREET CHICAGO IL 60608 CARLOS TORTOLERO PRESIDENT 3127381503 2016-05-08 true MARTIN SANDOVAL CPA P00510962 7738474300 2017-05-15 2015 2021-01-29 14:40:06Z CARLOS TORTOLERO 1852 W 19TH STREET 1852 W 19TH STREET CHICAGO IL 60608 4235768 false X WWW.NATIONALMUSEUMOFMEXICANART.ORG X 1982 IL PROMOTION OF MEXICAN ART 30 29 70 100 0 3515066 3021130 215253 160339 27487 28163 297656 274108 4055462 3483740 0 0 1912118 2051402 0 378141 1922628 2037813 3834746 4089215 220716 -605475 8235609 7593635 1891720 1875572 6343889 5718063 PROMOTION OF MEXICAN ART false false 3212911 SPONSOR SPECIAL EVENTS AND EXHIBITS THAT EXEMPLIFY THE VISUAL AND PERFORMING ARTS FOUND IN THE MEXICAN CULTURE, DEVELOP AND CONSERVE A SIGNIFICANT PERMANENT COLLECTION OF MEXICAN ART, TO ENCOURAGE THE PROFESSIONAL DEVELOPMENT OF MEXICAN-AMERICAN ARTISTS AND OFFER ARTS EDUCATION PROGRAMS. 3212911 true true false false false false false true false false true false false false false true true false false false false false false false true false false false false true false false false false false true true false false true false false true false false false false true 118 0 true 70 true false false false false false true true false false false false false false X 30 29 false false false false false false false true true false false true true true true true true true false false IL X X CARLOS TORTOLERO CARLOS TORTOLERO 3127381503 1852 WEST 19TH ST CHICAGO IL 60608 CARLOS CARDENAS BD CHAIRMAN 2.00 X X 0 0 0 SALLY NIETO BD SECRETARY 2.00 X X 0 0 0 JOSEPH LUNA BD TREASURER 2.00 X X 0 0 0 JOSE LUIS PRADO TRUSTEE 2.00 X X 0 0 0 RITA L KNOX TRUSTEE 2.00 X X 0 0 0 DOUGLAS DOETSCH TRUSTEE 2.00 X X 0 0 0 CARLOS TORTOLERO PRESIDENT 40.00 X X 175000 0 0 JILL ARNOLD TRUSTEE 1.00 X 0 0 0 EDWARD R CASAS TRUSTEE 1.00 X 0 0 0 MARTIN R CASTRO TRUSTEE 1.00 X 0 0 0 RAMON CEPEDA TRUSTEE 1.00 X 0 0 0 GERY CHICO TRUSTEE 1.00 X 0 0 0 EDITH DIAZ TRUSTEE 1.00 X 0 0 0 BENJAMIN FERNANDEZ TRUSTEE 1.00 X 0 0 0 PHILIP FUENTES TRUSTEE 1.00 X 0 0 0 RUDY GONZALEZ TRUSTEE 1.00 X 0 0 0 ELIZABETH LOPEZ TRUSTEE 1.00 X 0 0 0 FIDEL MARQUEZ JR TRUSTEE 1.00 X 0 0 0 CAROL MCKINNON TRUSTEE 1.00 X 0 0 0 JUAN GABRIEL MORENO TRUSTEE 1.00 X 0 0 0 BLANCA MURRILLO TRUSTEE 1.00 X 0 0 0 MIGUEL NOYOLA TRUSTEE 1.00 X 0 0 0 DIANA PALOMAR SCOTT TRUSTEE 1.00 X 0 0 0 JESSICA PRIEGO TRUSTEE 1.00 X 0 0 0 VONITA REESCER TRUSTEE 1.00 X 0 0 0 ALEJANDRO SILVA JR TRUSTEE 1.00 X 0 0 0 ROD SLEMMONS TRUSTEE 1.00 X 0 0 0 YOLANDA STEMER TRUSTEE 1.00 X 0 0 0 ROBERTO VALENCIA TRUSTEE 1.00 X 0 0 0 ALMA VELASQUEZ TRUSTEE 1.00 X 0 0 0 175000 1 false true false 15430 2076080 929620 3021130 PROGRAM FEES 160339 160339 160339 28163 28163 537848 276990 260858 260858 488288 475038 13250 13250 3483740 462610 175000 80000 40000 55000 1508526 1105071 211195 192260 245620 186178 22671 36771 122256 87378 18156 16722 31000 21822 4625 4553 67779 26064 31278 10437 52306 32518 13645 6143 13669 10112 1815 1742 180237 155632 16009 8596 10957 5874 4351 732 61483 12890 46621 1972 34251 23789 9933 529 426335 384304 33625 8406 78676 59297 16776 2603 EXHIBITS/PROGRAMMING 1164074 1164074 OTHER EXPENSES 76275 31173 15702 29400 COMMUNITY PROJECTS 44974 42699 2275 STORE SUPPLIES 12710 12710 -216913 -228674 9486 2275 4089215 3212911 498163 378141 1038138 789088 850302 682362 86644 127300 41143 75700 12479285 6919418 5860740 5559867 358642 359318 8235609 7593635 441720 510572 475000 490000 975000 875000 1891720 1875572 X 5124825 4822200 1219064 895863 6343889 5718063 8235609 7593635 -605475 -39 -20312 X false true X true true true X 3785708 3901088 2373094 3515066 3021130 16596086 3785708 3901088 2373094 3515066 3021130 16596086 16596086 36268 37324 31611 27487 28163 160853 313228 314867 368781 271636 1268512 584952 567995 582383 609020 1186475 3530825 21556276 0.76990 0.79640 X PART II, LINE 10 OTHER INCOME 2,344,350 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 47925 47925 12353210 12353210 78150 6919418 -6841268 5559867 X 3753565 -39 38400 38361 3715204 -231464 -231464 3483740 4379391 38400 20312 58712 4320679 -231464 -231464 4089215 SCHEDULE D, PAGE 2, PART III, LINE 4 SIGNIFICANCE THAT ARE HELD FOR EDUCATIONAL, RESEARCH AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGUED, PRESERVED, AND CARED FOR; WHILE ACTIVITIES VERIFYING ITS EXISTENCE AND ASSESSING ITS CONDITION ARE PERFORMED CONTINUOUSLY. A PORTION OF THE COLLECTION IS FEATURED ON A ROTATIONAL BASIS IN THE MUSEUM'S GENERAL COLLECTION EXHIBIT WHICH IS OPEN FOR PUBLIC VIEWING. IN ACCORDANCE WITH PRACTICES GENERALLY FOLLOWED BY MUSEUMS, THE VALUE OF THE OBJECTS IN THE COLLECTION IS EXCLUDED FROM THE FINANCIAL STATEMENTS. THE COLLECTION HAS BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS DECREASES IN TEMPORARILY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN NET ASSETS. THERE WERE NO SALES OF COLLECTION ITEMS IN FISCAL 2016. SCHEDULE D, PAGE 3, PART X THE NMMA IS EXEMPT FROM INCOME TAX UNDER PROVISIONS OF IRC SECTION 501(C) (3). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE USA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE NMMA AND RECOGNIZE A TAX LIABILITY IF THE NMMA HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE NMMA AND HAS CONCLUDED THAT AS OF JUNE 30, 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN FINANCIAL STATEMENTS OR FORM 990. THE NMMA IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS;HOWEVER,THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. SCHEDULE D, PAGE 4, PART XI, LINE 4B OH ALLOC. TO COST OF SALES -231,464 SCHEDULE D, PAGE 4, PART XII, LINE 2D WRITE-OFF OF UNCOLLECTIBLE RECEIVABLES 1,112 COLLECTION ACQUISITIONS 19,200 SCHEDULE D, PAGE 4, PART XII, LINE 4B OH ALLOC TO COST OF SALES -231,464 GALA DINNER 537848 537848 276990 537848 537848 276990 276990 260858 X X false false false false false false false false false CARLOS TORTOLERO PRESIDENT 175000 175000 SCHEDULE J, PART III MS. ALMA VELASQUEZ, TRUSTEE, IS A VICE PRESIDENT - COMMUNITY AFFAIRS OF BMO HARRIS BANK N.A. BMO HARRIS BANK N.A. BECAME THE MUSEUM'S PRIMARY DEPOSITORY AND LENDING INSTITUTION IN MARCH 2015. MR. DOUGLAS DOETSCH, TRUSTEE, IS A PARTNER OF MAYER, BROWN LLP. MAYER, BROWN LLP PROVIDES PRO-BONO LEGAL SERVICES TO THE MUSEUM. MR. GERY CHICO, TRUSTEE, IS A PARTNER OF CHICO & NUNES, P.C. CHICO & NUNES P.C. PROVIDES PRO-BONO LEGAL SERVICES TO THE MUSEUM. VALET BROTHER 2840 VALET SERVICE false SCHEDULE L, PART V NMMA ENTERED INTO AN ARMS LENGTH TRANSACTIONS WITH THE FOLLOWING: 1. VALET INC TO PROVIDE VALET SERVICES FOR GALA FUNDRAISER. VALET INC IS OWNED BY T CARDENAS BROTHER OF CARLOS CARDENAS, BOARD MEMBER. false true false FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS PROVIDE ASSISTANCE WITH SPECIAL EVENTS. FORM 990, PAGE 6, PART VI, LINE 11B FINANCE COMMITTEE REVIEWS FORM 990 PRIOR TO SUBMISSION. APPROVED BY FULL BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 12C BOARD MEMBERS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT AND ACKNOWLEDGE POLICY. FORM 990, PAGE 6, PART VI, LINE 15A CEO'S COMPENSATION IS SUBJECT TO ANNUAL REVIEW BY BOARD EXECUTIVE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 OH ALLOC. TO COST OF SALES 231,464 WRITE-OFF OF UNCOLLECTIBLE RECEIVABLES -1,112 COLLECTION ACQUISITIONS -19,200 OH ALLOC TO COST OF SALES -231,464 TOTAL -20,312 RNC LLC RNC LLC 1852 WEST 19TH STREET 1852 W 19TH ST CHICAGO IL 60608 205664110 RE ESTATE IL NMMA NATIONAL MUSEUM OF MEXICAN ART