2016-11-01T12:28:54-05:00 2015-12-31 420714325 RSM US LLP 751 ARBOR WAY SUITE 200 BLUE BELL PA 19422 990 2015-01-01 236000149 THE BARNES FOUNDATION BARN 2152787000 2025 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19130 MARGARET B ZMINDA EXECUTIVE VP, CFO AND COO 2152787000 2016-11-01 1 CHRISTOPHER M PEKULA P00734965 2156418600 2016-11-01 2015 2017-02-10 21:41:12Z THOMAS COLLINS 2025 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19130 91195064 0 X WWW.BARNESFOUNDATION.ORG X EDUCATIONAL INSTITUTION 1922 PA TO PROMOTE THE ADVANCEMENT OF EDUCATION AND THE APPRECIATION OF THE FINE ARTS AND HORTICULTURE. TO MAINTAIN AN ART GALLERY CONTAINING WORKS OF ANCIENT AND MODERN ART, AS WELL AS AN ARBORETUM. 14 14 217 172 294557 -3718 8761688 16266700 5567010 4987125 2948510 6467499 919000 664568 18196208 28385892 0 0 0 0 7982621 8344019 227780 228397 2303482 15028871 14109350 23239272 22681766 -5043064 5704126 202948913 199487419 2495025 1761058 200453888 197726361 X TO PROMOTE THE ADVANCEMENT OF EDUCATION AND THE APPRECIATION OF THE FINE ARTS AND HORTICULTURE. TO MAINTAIN AN ART GALLERY CONTAINING WORKS OF ANCIENT AND MODERN ART, AS WELL AS AN ARBORETUM. 0 0 7226093 268107 THE FOUNDATION ENGAGES IN AN ACTIVE PROGRAM OF COLLECTION CARE AND CONSERVATION. THE BARNES ART COLLECTION COMPRISES OVER 8,000 WORKS OF FINE AND DECORATIVE ARTS, INCLUDING PAINTINGS, FRAMES, WORKS ON PAPER, FURNITURE AND DECORATIVE METALWORK. THE FOUNDATION'S PHILADELPHIA FACILITY INCLUDES A STATE-OF-THE-ART PAINTING CONSERVATION LAB. THROUGH THE WORK OF THE CONSERVATION DEPARTMENT, TWO PREVIOUSLY UNKNOWN CEZANNE DRAWINGS WERE DISCOVERED ON THE REVERSE SIDE OF TWO WORKS BY THE ARTIST IN THE COLLECTION. THESE NEW DISCOVERIES WERE EXHIBITED TO THE GENERAL PUBLIC FROM APRIL 10 - MAY 18, 2015. THE EXHIBITION INCLUDED DIDACTIC MATERIAL ABOUT THE CONSERVATION OF ARTWORK.THE FOUNDATION PRESENTED 3 SPECIAL EXHIBITIONS IN 2015. BEGINNING ON NOVEMBER 8, 2014 THROUGH FEBRUARY 16, 2015, THE BARNES PRESENTED THE EXHIBITION WILLIAM J. GLACKENS: ARTIST AND FRIEND, THE FIRST MAJOR SHOW IN 50 YEARS OF THE ART OF WILLIAM GLACKENS, AN EARLY ADVISOR TO THE FOUNDATION'S FOUNDER, DR. ALBERT C. BARNES. THROUGH THE FULL RUN OF THE SHOW, APPROXIMATELY 45,200 GUESTS VISITED THIS EXHIBITION. THIS EXHIBITION WAS CURATED BY AVIS BERMAN, INDEPENDENT WRITER AND ART HISTORIAN AND INCLUDED WORKS FROM PRIVATE COLLECTIONS AND MUSEUMS FROM AROUND THE WORLD, AS WELL AS PERSON PHOTOGRAPHS AND OTHER ARCHIVAL MATERIALS. A DAY-LONG SYMPOSIUM ON THE ART OF WILLIAM GLACKENS WAS HELD IN CONNECTION WITH THIS EXHIBITION IN 2014, WHICH INCLUDED SCHOLARS FROM AROUND THE COUNTRY. FROM MAY 16 THROUGH AUGUST 3, 2015, THE FOUNDATION ORGANIZED AND PRESENTED A SPECIAL EXHIBITION CALLED: MARK DION, JUDY PFAFF, FRED WILSON - THE ORDER OF THINGS. THIS EXHIBITION WAS ORGANIZED BY DR. MARTHA LUCY, WHO SERVED AS A CONSULTING CURATOR TO THE FOUNDATION. THIS EXHIBITION INCLUDED WORKS COMMISSIONED BY THE THREE CONTEMPORARY ARTISTS IN RESPONSE TO THE FOUNDATION'S FOUNDER, HISTORY AND COLLECTIONS. A VARIETY OF PUBLIC PROGRAMS AND LECTURES ACCOMPANIED THIS EXHIBITION. THROUGH THE DURATION OF THE EXHIBITION, OVER 34,600 VISITORS VIEWED THIS EXHIBITION. FROM SEPTEMBER 19, 2015 THROUGH JANUARY 4, 2016, THE FOUNDATION PRESENTED STRENGTH AND SPLENDOR: WROUGHT IRON FROM THE MUSEE LE SEC DE TOURNELLES, ROUEN. THE WORKS IN THIS EXHIBITION WERE BORROWED FROM THE NAMED MUSEUM, LOCATED IN ROUEN, FRANCE. THIS MUSEUM WAS VISITED BY DR. BARNES DURING HIS LIFETIME AND INFLUENCED HIS COLLECTING PRACTICE, RESULTING IN THE METALWORK INSTALLED IN THE GALLERIES AMONG THE OTHER WORKS OF ART. THE FOUNDATION ALSO COMMISSIONED A WORK FROM THE ARTIST ELLEN HARVEY DURING THIS TIME PERIOD. THE EXHIBITION OF HER WORK: METAL PAINTING COINCIDED WITH THE SHOW DESCRIBED ABOVE. THE WORK INCLUDED INDIVIDUAL PAINTINGS OF PIECES OF METALWORK IN THE FOUNDATION'S COLLECTION. APPROXIMATELY 23,100 VISITORS VIEWED THIS EXHIBITION DURING THE RUN OF THE SHOW. THE FOUNDATION CONDUCTS ONGOING SCHOLARSHIP AND RESEARCH ON OBJECTS AND WORKS OF ART IN ITS COLLECTION, AND ON THE HISTORY OF THE ORGANIZATION AND ITS FOUNDERS. THE FOUNDATION HAS A ROBUST PUBLICATIONS PROGRAM, WHICH PUBLISHED CATALOGUES IN CONNECTION WITH THE ALL OF THE EXHIBITIONS PRESENTED IN 2015, INCLUDING AN ENGLISH AND FRENCH VERSION OF THE STRENGTH AND SPLENDOR CATALOGUE. IN ADDITION, THE FOUNDATION PUBLISHED TWO MAJOR PUBLICATIONS ON ITS COLLECTION IN 2015: AFRICAN ART IN THE BARNES FOUNDATION IN APRIL, 2014 AND MATISSE IN THE BARNES FOUNDATION IN DECEMBER 2015.THE FOUNDATION MAINTAINS AN ARCHIVE CONTAINING THE PERSONAL PAPERS OF DR. BARNES AND OTHER DOCUMENTATION RELATED TO THE HISTORY OF THE ORGANIZATION. THE ARCHIVE IS MADE AVAILABLE TO THE FOUNDATION'S STUDENTS AND DOCENTS AS WELL AS TO SCHOLARS AND RESEARCHERS. THE FOUNDATION ALSO HAS AN ART LIBRARY IN ITS PHILADELPHIA FACILITY WHICH IS OPEN TO STUDENTS, FACULTY AND THE GENERAL PUBLIC.THE FOUNDATION HAS A LARGE LIVING COLLECTION, WHICH IS MAINTAINED IN ITS 12 ACRE ARBORETUM. THE LIVING COLLECTION CONTAINS OVER 2,500 TAXA OF WOODY PLANTS AND PERENNIALS. IN ADDITION, THE FOUNDATION HAS AN HERBARIUM WHICH INCLUDES OVER 10,000 PRESERVED PLANT SPECIMENS. THE FOUNDATION'S LIVING COLLECTION INCLUDES OVER 40 "STATE CHAMPION" TREES. IN 2015, 275 TYPES OF NEW SPECIMENS WERE ADDED TO THE LIVING COLLECTION. THE FOUNDATION ALSO HAS A HORTICULTURE LIBRARY IN ITS MERION FACILITY WHICH IS OPEN TO STUDENTS AND FACULTY, AND CAN BE AVAILABLE TO THE GENERAL PUBLIC BY APPOINTMENT.EXPENSES FOR COLLECTIONS CARE INCLUDES A PRO-RATA SHARE OF DEPRECIATION AND OTHER FACILITY COSTS ALL LOCATIONS. 7184497 3911687 THE FOUNDATION'S PERMANENT COLLECTION GALLERY IN PHILADELPHIA IS OPEN TO THE PUBLIC SIX DAYS PER WEEK, WITH 2015 VISITATION OF APPROXIMATELY 240,000 VISITORS. APPROXIMATELY 13% OF THOSE VISITORS WERE MEMBERSHIP SUPPORTERS OF THE BARNES FOUNDATION. A GALLERY SHOP IS OPERATED IN CONNECTION WITH THE PROGRAM OF PUBLIC VISITATION WHICH SELLS REPRODUCTIONS, PUBLICATIONS AND OTHER ITEMS RELATED TO THE ART COLLECTION AND ARBORETUM. THE FOUNDATION ALSO PROVIDES ENTERTAINING PRIVILEGES TO ITS MEMBERS, AND IN 2015 THE FOUNDATION HOSTED 167 SPECIAL EVENTS WITH A TOTAL OF APPROXIMATELY 15,000 GUESTS.THE FOUNDATION'S ARBORETUM IS OPEN TO THE PUBLIC ON SELECTED DAYS OF THE WEEK SEASONALLY. OVER 1,900 GUESTS VISITED THE ARBORETUM FROM MAY THROUGH OCTOBER OF 2015.PROGRAM EXPENSES FOR VISITATION INCLUDES A PRO-RATA SHARE OF DEPRECIATION AND OTHER FACILITY COSTS FOR ALL LOCATIONS. 2798053 251254 THE FOUNDATION SPONSORS SEPARATE THREE-YEAR CERTIFICATE PROGRAMS IN HORTICULTURE AND ALSO IN ART AND AESTHETICS. IN ADDITION, IT HOLDS SPECIAL WORKSHOPS AND EDUCATIONAL PUBLIC PROGRAMS RELATED TO ITS COLLECTION AND EXHIBITION PROGRAMS, AS WELL AS TOPICS OF GENERAL INTEREST.IN COLLABORATION WITH THE SCHOOL DISTRICT OF PHILADELPHIA, THE FOUNDATION HAS DEVELOPED GRADE-SPECIFIC OUTREACH PROGRAMS THAT COMBINE IN-CLASS LEARNING, LED BY FOUNDATION EDUCATORS, WITH A STRUCTURED TOUR OF THE FOUNDATION'S ART COLLECTIONS. THESE PROGRAMS ARE DESIGNED TO DEVELOP STUDENT'S ART APPRECIATION AND REINFORCE READING COMPREHENSION, MATH SKILLS AND KNOWLEDGE OF SCIENCE, HISTORY AND SOCIAL STUDIES, DEPENDING ON THE GRADE LEVEL. THESE PROGRAMS SERVED APPROXIMATELY 7,000 PHILADELPHIA SCHOOL CHILDREN IN 2015. IN ADDITION, DOCENT-LED TOURS ARE AVAILABLE FOR SCHOOL GROUPS IN GRADES KINDERGARTEN THROUGH UNDERGRADUATE LEVELS WHICH SERVED AN ADDITIONAL 3,200 STUDENTS IN 2015. THE FOUNDATION HAS ALSO DEVELOPED EDUCATIONAL FAMILY PROGRAMS. IN 2015, OVER 215 PROGRAMS WERE PRESENTED WHICH SERVED APPROXIMATELY 8,300 ATTENDEES. THESE EDUCATIONAL PROGRAMS ARE HELD IN THE GALLERIES AS WELL AS MULTI-PURPOSE ROOMS THROUGHOUT THE FOUNDATION'S PHILADELPHIA FACILITY.PROGRAM EXPENSES FOR EDUCATION INCLUDES A PRO-RATE SHARE OF DEPRECIATION AND OTHER FACILITY COSTS. 17208643 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 121 0 1 217 1 1 1 0 0 0 0 1 1 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CT DC FL IL MA MD NJ NY PA VA X X MARGARET B ZMINDA 2152787000 2025 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19130 AILEEN KENNEDY ROBERTS VICE CHAIRMAN, TRUSTEE 1.00 X X 0 0 0 CATHERINE HUGHES TRUSTEE 1.00 X 0 0 0 DANIEL DILELLA TRUSTEE 1.00 X 0 0 0 DR BRENDA T THOMPSON TRUSTEE 1.00 X 0 0 0 DR KHALIL GIBRAN MUHAMMAD TRUSTEE 1.00 X 0 0 0 DR NEIL L RUDENSTINE TRUSTEE 1.00 X 0 0 0 GREGORY CHARLES MILLER TRUSTEE 1.00 X 0 0 0 JOHN J AGLIALORO TRUSTEE 1.00 X 0 0 0 JOSEPH NEUBAUER CHAIRMAN, TRUSTEE 1.00 X X 0 0 0 SHELDON M BONOVITZ ESQ TRUSTEE 1.00 X 0 0 0 STEPHEN J HARMELIN ESQ TREASURER, TRUSTEE 1.00 X X 0 0 0 THE HON JACQUELINE F ALLEN SECRETARY, TRUSTEE 1.00 X X 0 0 0 THOMAS K WHITFORD TRUSTEE 1.00 X 0 0 0 TORY BURCH TRUSTEE 1.00 X 0 0 0 MARGARET B ZMINDA EXECUTIVE VP, CFO AND COO 40.00 X 303581 0 22795 SARA GEELAN GENERAL COUNSEL 40.00 X 179286 0 20587 THOMAS COLLINS EXECUTIVE DIRECTOR & PRESIDENT 40.00 X 288493 0 9750 DIANA D DUNCAN SR VP, EXTERNAL AFFAIRS 40.00 X 192302 0 5560 JAN ROTHSCHILD SVP FOR COMMUNICATIONS 40.00 X 233452 0 22501 STEVEN BRADY DIRECTOR OF INFORMATION TE 40.00 X 118096 0 14930 VINCENT D'ANTONIO SNR DIR OF OPERATIONS & GR 40.00 X 168754 0 5939 SHARA POLLIE SENIOR DIRECTOR OF DEVELOPMENT 40.00 X 134000 0 14271 1617964 0 116333 8 0 1 0 ALLIED BARTON SECURITY PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICES 1263642 ELLIOTT LEWIS 2900 BLACK LAKE PLACE PHILADELPHIA PA 19154 FACILITIES MANAGEMENT 443093 TEAM CLEAN 4747 SOUTH BROAD STREET BUILDING 1 PHILADELPHIA PA 19112 JANITORIAL SERVICES 411210 ARAMARK 1101 MARKET STREET 22ND FLOOR PHILADELPHIA PA 19107 CATERING/FOOD SERVICES 389814 EXHIBITION ON SCREEN 63 SHIP STREET BRIGHTON, BN1 1AE BRIGHTON UK FILM PRODUCTION 346227 14 48775 16217925 16266700 ADMISSION 900099 3894635 3894635 SPECIAL EVENTS 900099 573429 573429 PUBLICATIONS 900004 267807 267807 EDUCATION 611600 251254 251254 4987125 1260923 1260923 66948855 61742279 5206576 5206576 5206576 1691976 1066893 625083 294557 330526 LICENSING & MERCHANDISING 900099 22133 22133 MISCELLANEOUS INCOME 900099 17352 17352 39485 28385892 4431048 294557 7393587 X 1280481 261817 844782 173882 5716961 4234579 457394 1024988 109262 75952 9228 24082 676984 486592 83794 106598 560331 386989 77319 96023 -250388 -290994 40606 107050 107050 228397 228397 383242 383242 3515899 3104713 366026 45160 444624 444624 422331 251395 44421 126515 193018 147115 19126 26777 2038123 1637840 392202 8081 167152 138590 15216 13346 31168 21975 4279 4914 5366742 5127135 212984 26623 433604 423338 9125 1141 MISCELLANEOUS 961886 550160 70377 341349 CREDIT CARD FEES 294899 206823 32470 55606 22681766 17208643 3169641 2303482 15497 5211 13633005 9800243 7638024 2181263 61480 134809 812335 1299559 534918 1277139 141374796 28647545 117907823 112727251 55761604 65647342 6584227 6414602 202948913 199487419 1495025 1624220 1000000 136838 2495025 1761058 X 124980252 118891283 22557228 15749114 52916408 63085964 200453888 197726361 202948913 199487419 5704126 -8431653 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X EDUCATION 0 57589383 10169556 -2306429 3188434 62264076 51367619 6335075 2340686 2453997 57589383 36075517 12868666 4109378 1685942 51367619 23985525 10629469 2682831 1222308 36075517 8241195 16555338 40742 851750 23985525 0.00000 1.00000 0.00000 1 0 176389 176389 136107615 24887012 111220603 828695 486237 342458 4262097 3274296 987801 112727251 X 22941105 -8431653 2303215 1066893 -5061545 28002650 383242 383242 28385892 25668632 2303215 1066893 3370108 22298524 383242 383242 22681766 PART III, LINE 1A: THE FOUNDATION OWNS A COLLECTION OF PAINTINGS, SCULPTURES, ANTIQUES AND OTHER OBJECTS OF ART. SUBSTANTIALLY ALL OF THE COLLECTION OBJECTS WERE DONATED TO THE FOUNDATION BY ITS FOUNDER AND ARE RECORDED AT A $1 NOMINAL VALUE, IN ACCORDANCE WITH A RESOLUTION OF THE BOARD OF TRUSTEES. THE FOUNDATION HAS DETERMINED THAT IT IS NOT PRACTICAL TO ESTABLISH A FAIR VALUE OF THE FOUNDER'S ORIGINAL CONTRIBUTION, BECAUSE RECORDS OF THE FAIR VALUE AT THE DATE OF THE CONTRIBUTION ARE UNRELIABLE OR DO NOT EXIST. THE FOUNDATION HAS CAPITALIZED COLLECTION ITEMS CONTRIBUTED BY OTHERS AT THE FAIR MARKET VALUE ON THE DATE OF THE GIFT. PART III, LINE 4: THE FOUNDATION'S COLLECTIONS INCLUDE WORKS OF ANCIENT AND MODERN ART AND A SIGNIFICANT COLLECTION OF LIVING SPECIMENS OF TREES, PLANTS AND FLOWERS. THE WORKS OF ART THAT ARE DISPLAYED IN THE FOUNDATION'S GALLERY ARE AVAILABLE FOR VISITATION BY THE PUBLIC AND ARE ALSO USED TO CONDUCT EDUCATIONAL ACTIVITIES TO TEACH THE PRINCIPLES OF ART APPRECIATION ESTABLISHED BY ITS FOUNDER. THE LIVING COLLECTIONS ARE USED IN THE FOUNDATION'S PROGRAMS TO TEACH PRICIPLES OF AESTHETIC APPEAL OF PLANTS COMBINED WITH A BASE IN BOTANY, HORTICULTURE AND LANDSCAPE DESIGN. PART V, LINE 4: THE INCOME FROM THE FOUNDATION'S PERMANENTLY RESTRICTED ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE FOUNDATION'S PROGRAM OF COLLECTIONS AND COLLECTION CARE, EDUCATION AND UNRESTRICTED OPERATING COSTS. PART X, LINE 2: INCOME TAXES: THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE FOUNDATION QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME, WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE FOUNDATION PAID NET UNRELATED BUSINESS INCOME TAXES OF $13,958 IN 2015 AND $0 IN 2014. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEARS ENDED DECEMBER 31, 2015 OR 2014. THE FOUNDATION FILES INCOME TAX RETURNS IN THE UNITED STATES FEDERAL JURISDICTION. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE UNITED STATES FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,066,893. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSE 383,242. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,066,893. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSE 383,242. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ON NOVEMBER 12, 2010, THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OF THE BARNES FOUNDATION FORMALLY REAFFIRMED THE FOUNDATION'S COMMITMENT TO PROVIDING EQUAL OPPORTUNITIES AND A POLICY OF NONDISCRIMINATION ON THE BASIS OF RACE, COLOR, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, RELIGION, CREED, NATIONAL OR ETHNIC ORIGIN, CITIZENSHIP STATUS, AGE, DISABILITY, VETERAN STATUS OR ANY OTHER LEGALLY PROTECTED CLASS STATUS IN THE ADMINISTRATION OF ITS EDUCATIONAL PROGRAM ADMISSIONS, FINANCIAL AID, OR ANY OTHER BARNES FOUNDATION-ADMINISTERED EDUCATIONAL ACTIVITY OR RELATED EMPLOYMENT PRACTICES. THIS POLICY HAS BEEN PUBLICLY DISSEMINATED AND PUBLICIZED IN BARNES FOUNDATION MATERIALS, AS APPROPRIATE, TO ALL COMMUNITIES SERVED BY THE BARNES FOUNDATION. SCHEDULE E, PART I, LINE 6 THE ORGANIZATION RECEIVES GRANTS FROM THE PHILADELPHIA CULTURAL FUND ($11,090), NATIONAL ENDOWMENT FOR THE ARTS ($40,000), INSTITUTE OF MUSEUM AND LIBRARY SCIENCES ($40,000) AND THE PENNSYLVANIA COUNCIL OF THE ARTS ($37,685). X X X X X X 1 DANILLER COMPANY 3724 JEFFERSON ST 302 AUSTIN TX 78731 CONSULTANT FOR FUNDRAISING ACTIVITIES 0 1596860 259078 1337782 SD&A TELESERVICES INC 5757 W CENTURY BLVD LOS ANGELES CA 90045 PROVIDES DATA BASE CONSULTING FOR TELEPHONE 0 32048 17358 14690 1628908 276436 1352472 CT DC FL IL MA MD NJ NY PA VA 1 X X X X X 1 1 0 0 0 0 0 1 1 0 MARGARET B ZMINDA EXECUTIVE VP, CFO AND COO 238581 0 65000 0 0 0 7500 0 15295 0 326376 0 0 0 SARA GEELAN GENERAL COUNSEL 179286 0 0 0 0 0 5700 0 14887 0 199873 0 0 0 THOMAS COLLINS EXECUTIVE DIRECTOR & PRESIDENT 278493 0 10000 0 0 0 5527 0 4223 0 298243 0 0 0 DIANA D DUNCAN SR VP, EXTERNAL AFFAIRS 192302 0 0 0 0 0 4800 0 760 0 197862 0 0 0 JAN ROTHSCHILD SVP FOR COMMUNICATIONS 233452 0 0 0 0 0 5322 0 17179 0 255953 0 0 0 VINCENT D'ANTONIO SNR DIR OF OPERATIONS & GR 168754 0 0 0 0 0 4950 0 989 0 174693 0 0 0 PART I, LINE 3 MARGARET ZMINDA WAS APPOINTED ACTING EXECUTIVE DIRECTOR EFFECTIVE JANUARY 1, 2014 AND SERVED IN SUCH CAPACITY UNTIL MARCH 2015. IN FEBRUARY 2015, AT A MEETING OF THE BOARD OF TRUSTEES, THE BOARD REVIEWED COMPARABILITY DATA AND APPROVED A SALARY INCREASE AND BONUS FOR MS. ZMINDA DETERMINED TO BE REASONABLE AND NOT AN EXCESS BENEFIT. THOMAS COLLINS WAS HIRED AS EXECUTIVE DIRECTOR AND PRESIDENT, EFFECTIVE MARCH 2015. HIS SALARY WAS DETERMINED IN AN INITIAL EMPLOYMENT CONTRACT, NEGOTIATED PRIOR TO HIS ASSUMING THIS ROLE. PART I, LINES 4A-B A SENIOR STAFF MEMBER WAS SEPARATED FROM SERVICE AS A RESULT OF A REORGANIZATION AND WAS PAID SEVERANCE PURSUANT TO A SEPARATION AGREEMENT. THE 2015 SEVERANCE AMOUNT WAS $43,269. PART I, LINE 7 MARGARET ZMINDA RECEIVED A NON-FIXED PAYMENT IN CONNECTION WITH HER SERVICE AS ACTING EXECUTIVE DIRECTOR, PURSUANT TO THE PROCESS DESCRIBED IN PART I, LINE 3 OF THIS SECTION. (1) ARAMARK CORPORATION A TRUSTEE OF THE BARNES FDTN SERVED AS CHAIRMAN OF ARAMARK UNTIL 2/3/2015 252588 THE BARNES FOUNDATION HAS RETAINED ARAMARK CORP FOR VARIOUS FOOD SERVICES. CONSISTENT WITH THE CONFLICT OF INTEREST POLICY ESTABLISHED BY THE BARNES FOUNDATION, THE INTERESTED PERSON WAS EXCLUDED FROM PARTICIPATION IN ANY AND ALL DISCUSSIONS REGARDING THE DECISION TO RETAIN ARAMARK CORP. THE SELECTION OF ARAMARK CORP AS A FOOD SERVICE PROVIDER WAS MADE PURSUANT TO A COMPETITIVE BIDDING PROCESS LED BY AN INDEPENDENT CONSULTANT, AND APPROVED BY THE BOARD OF TRUSTEES, WITH THE INTERESTED PERSON RECUSED FROM PARTICIPATION. PAYMENTS REFLECTED IN LINE 1 ABOVE CONSIST OF COMMISSIONS PAID TO THE BARNES FOUNDATION BY ARAMARK CORPORATION ON CATERING REVENUES. 0 (2) ARAMARK CORPORATION A TRUSTEE OF THE BARNES FDTN SERVED AS CHAIRMAN OF ARAMARK UNTIL 2/3/2015 389814 TRANSACTIONS AND PROCESS AS ABOVE. PAYMENTS REFLECTED IN LINE 2 ABOVE CONSIST OF AMOUNTS PAID TO ARAMARK BY THE BARNES FOUNDATION FOR CATERING AND RESTAURANT SERVICES. 0 X 265 0 X ARCHIVES 237 0 0 0 1 0 PART I, LINE 30B: THE BARNES FOUNDATION HAS ELECTED UNDER FASB 116 NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART AND OTHER COLLECTION ITEMS, SEE SCHEDULE D, PART III, LINE 1A FOR THE FOOTNOTE ON ITS FINANCIAL STATEMENTS TO THAT EFFECT. THE BARNES FOUNDATION RECEIVED 265 ITEMS OF ART, FURNITURE AND METALWORK THAT RELATE TO THE BARNES'S FOUNDATION'S COLLECTIONS, AS WELL AS 237 BOXES OF ARCHIVAL MATERIAL FROM THE VIOLETTE DE MAZIA FOUNDATION IN CONNECTION WITH AN AFFILIATION AGREEMENT BETWEEN THE FOUNDATIONS AND THE SUBSEQUENT DISSOLUTION OF THE VIOLETTE DE MAZIA FOUNDATION. AS AN EXEMPT ENTITY, THE VIOLETTE DE MAZIA FOUNDATION DID NOT SUBMIT A FORM 8283 TO THE BARNES FOUNDATION IN CONNECTION WITH THIS TRANSFER OF PROPERTY. FORM 990, PART VI, SECTION B, LINE 11 THE BARNES FOUNDATION 990 IS PREPARED BY AN INDEPENDENT FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. A DRAFT IS REVIEWED AND REVISED BY THE EXECUTIVE VICE PRESIDENT, CFO AND COO, THE DIRECTOR OF FINANCE AND THE GENERAL COUNSEL (MEMBERS OF MANAGEMENT). THE 990 IS THEN FINALIZED BY THE INDEPENDENT FIRM AND THE BARNES FOUNDATION SUBMITS THE DRAFT 990 FOR REVIEW TO ALL BOARD MEMBERS PRIOR TO FILING. AFTER A COMMENT PERIOD, FORM 990 IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IN ADDITION TO REQUIRING EACH TRUSTEE, OFFICER AND KEY EMPLOYEE TO MAKE A DISCLOSURE OF ANY POSSIBLE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIP THAT COULD GIVE RISE TO A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST, THE FOUNDATION'S CONFLICT OF INTEREST POLICY ALSO REQUIRES THE DISCLOSURE OF ANY CHANGE OF CIRCUMSTANCE THAT WOULD GIVE RISE TO CONFLICTS CONCERNS. MOREOVER, THE FOUNDATION HAS ADOPTED A WHISTLEBLOWER POLICY DESIGNED TO ENCOURAGE PROMPT DISCLOSURE BY TRUSTEES, OFFICERS AND EMPLOYEES OF ANY UNLAWFUL OR IMPROPER BEHAVIOR OR TRANSACTIONS, INCLUDING THOSE THAT RAISE POTENTIAL CONFLICT OF INTEREST CONCERNS. EACH YEAR ALL DIRECTORS, OFFICERS, TRUSTEES AND KEY EMPLOYEES ARE REMINDED OF THEIR OBLIGATIONS TO COMPLY WITH THE CONFLICT ON INTEREST POLICY AT THE ORGANIZATION'S ANNUAL MEETING AND PERIODICALLY AT OTHER TIMES DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE BARNES FOUNDATION PERFORMS A REVIEW OF THE COMPENSATION AND BENEFITS PACKAGE (INCLUDING FRINGE, RETIREMENT AND SEVERANCE BENEFITS) FOR KEY EMPLOYEES AT THE TIME OF HIRE. THIS REVIEW RELIES UPON COMPARABILITY DATA TO DETERMINE WHETHER THE COMPENSATION ARRANGEMENT IN ITS ENTIRETY IS REASONABLE. FOR THIS PURPOSE, APPROPROPRIATE AND RELEVANT INFORMATION INCLUDES COMPENSATION PAID BY SIMILIARLY SITUATED TAX-EXEMPT AND TAXABLE ORGANIZATIONS FOR FUNCTIONALLY COMPARABLE POSITIONS. THIS REVIEW ALSO TAKES INTO ACCOUNT THE SIZE, REVENUE, GEOGRAPHIC LOCATION, STRUCTURE AND COMPLEXITY OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE BARNES FOUNDATION'S BY-LAWS, CHARTER, FINANCIAL STATEMENTS AND CERTAIN OTHER GOVERNING DOCUMENTS (E.G., CONFLICT OF INTEREST POLICY), ARE AVAILABLE FOR REVIEW UPON REQUEST, DIRECTED TO THE FOLLOWING: GENERAL COUNSEL (A MEMBER OF MANAGEMENT), BARNES FOUNDATION, 2025 BENJAMIN FRANKLIN PARKWAY, PHILADELPHIA, PA 19130 FORM 990, PART IX, LINE 11G FEES FOR SERVICES (OTHER-SECURITY): PROGRAM SERVICE EXPENSES 1,311,730. MANAGEMENT AND GENERAL EXPENSES 54,737. FUNDRAISING EXPENSES 6,842. TOTAL EXPENSES 1,373,309. FEES FOR SERVICES (OTHER): PROGRAM SERVICE EXPENSES 1,792,983. MANAGEMENT AND GENERAL EXPENSES 311,289. FUNDRAISING EXPENSES 38,318. TOTAL EXPENSES 2,142,590. FORM 990, PART XII, LINE 2C: THERE IS NO CHANGE TO THIS PROCESS FROM THE PRIOR YEAR. FORM 990, PART IX, LINE 11B: THIS AMOUNT ($290,994) REPRESENTS PAYMENT OF AN INSURANCE CLAIM IN RESPECT OF LEGAL FEES INCURRED RELATING TO A LAWSUIT REGARDING THE PETITION TO MOVE THE BARNES FOUNDATION'S COLLECTION FROM MERION, PA TO PHILADELPHIA, PA. FORM 990, PART X, LINES 27 AND 28: CERTAIN ITEMS FROM THE 2014 FINANCIAL STATEMENTS HAVE BEEN RECLASSIFIED TO CONFORM TO THE 2015 PRESENTATION. THE 2014 ENDING FUND BALANCES REFLECT A RECLASSIFICATION OF $3,229,359 WHICH HAD THE EFFECT OF INCREASING PARKWAY PROJECTS TEMPORARILY RESTRICTED NET ASSETS AND DECREASING UNRESTRICTED NET ASSETS. THIS CORRECTED THE EXCESS TRANSFER OF FUNDS FROM PARKWAY PROJECT TEMPORARILY RESTRICTED NET ASSETS IN PRIOR YEARS, WHICH INCLUDED THE NON-CASH DEPRECIATION EXPENSE. TOTAL NET ASSETS FOR YEAR END 2014 REFLECTED IN THE 2015 FINANCIAL STATEMENTS ARE UNCHANGED FROM THE TOTAL NET ASSETS AS SHOWN ON THE 2014 FINANCIAL STATEMENTS.