THE METROPOLITAN MUSEUM OF ART: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- THE METROPOLITAN MUSEUM OF ART (EIN 13-1624086)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-02-14
- IRS object ID
- 201740459349301534
- Schema version
- 2015v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-02-14T10:31:06-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 13TH ST NW STE 1000 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131624086 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | METROPOLITAN MUSEUM OF ART | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CONTROLLER'S OFFICE | InCareOfNm |
| Business Name Control | METR | BusinessNameControlTxt |
| Phone | 2128795500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMIE KELLEHER | PersonNm |
| Person Title | VP, CFO & TREASURER | PersonTitleTxt |
| Phone | 2125703794 | PhoneNum |
| Signature | 2017-02-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRAVIS L PATTON | PreparerPersonNm |
| PTIN | P00369623 | PTIN |
| Phone | 2024141000 | PhoneNum |
| Preparation | 2017-02-02 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | THOMAS CAMPBELL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,238,769,849 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.METMUSEUM.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1870 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES; SEE SCHEDULE O FOR MORE DETAILS | ActivityOrMissionDesc |
| Voting Members Governing Body | 46 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 42 | VotingMembersIndependentCnt |
| Total Employee | 2767 | TotalEmployeeCnt |
| Total Volunteers | 1410 | TotalVolunteersCnt |
| Total Gross UBI | -$7,341,268 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $255,926,608 | PYContributionsGrantsAmt |
| CY Contributions Grants | $259,945,100 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,203,463 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,854,264 | CYProgramServiceRevenueAmt |
| PY Investment Income | $179,139,095 | PYInvestmentIncomeAmt |
| CY Investment Income | $128,264,775 | CYInvestmentIncomeAmt |
| PY Other Revenue | $31,475,351 | PYOtherRevenueAmt |
| CY Other Revenue | $29,945,843 | CYOtherRevenueAmt |
| PY Total Revenue | $473,744,517 | PYTotalRevenueAmt |
| CY Total Revenue | $425,009,982 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,790,237 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,292,316 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $188,894,532 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $203,675,718 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $280,830 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $206,313 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $13,037,104 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $230,073,751 | PYOtherExpensesAmt |
| CY Other Expenses | $259,701,033 | CYOtherExpensesAmt |
| PY Total Expenses | $421,039,350 | PYTotalExpensesAmt |
| CY Total Expenses | $465,875,380 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $52,705,167 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$40,865,398 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,002,429,655 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,828,721,524 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $719,077,152 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $792,896,789 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,283,352,503 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,035,824,735 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES IN ORDER TO CONNECT PEOPLE TO CREATIVITY, KNOWLEDGE, AND IDEAS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $166,464,777 | ExpenseAmt |
| Grant | $2,292,316 | GrantAmt |
| Revenue | $5,314,602 | RevenueAmt |
| Desc | CURATORIAL DEPARTMENTS, INCLUDING OPERATION OF THE MET CLOISTERS, OPERATION OF THE MET BREUER, CONSERVATION, CATALOGUING AND SCHOLARLY PUBLICATIONS (INCLUDES FELLOWSHIP AWARDS AND TRAVEL STIPENDS IN THE AMOUNT OF $2,292,316)- SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $73,645,043 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | GUARDIANSHIP AND MAINTENANCE OF THE MUSEUM AND ITS ART COLLECTION - SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $54,574,735 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $4,877,977 | RevenueAmt |
| Desc | ACQUISITIONS AND SALES OF ART - SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (10 entries)
| ExpenseExpenseAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|
| $2,429,351 | $323,677 | RETAIL OPERATIONS |
| $23,386,710 | OPERATION OF RESTAURANTS | |
| $22,025,586 | SPECIAL EXHIBITIONS | |
| $16,832,846 | COMMUNITY PROGRAMS AND LIBRARIES | |
| $9,912,793 | OPERATING SERVICES | |
| $12,457,326 | $10,080 | COMMUNICATIONS |
| $6,579,663 | MEMBERSHIP SERVICES INC BULLETIN | |
| $4,088,105 | $1,529,582 | OPERATION OF AUDITORIUM |
| $1,469,641 | OPERATION OF PARKING GARAGE | |
| $748,422 | $752,288 | CORPORATE EVENTS & FUNDRAISING |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $99,930,443 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $2,615,627 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $394,614,998 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (true) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 927 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 2767 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | EG | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 46 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 42 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CONTROLLER'S OFFICE | PersonNm |
| Phone | 2128795500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (71 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| DANIEL BRODSKY | |||||||||
| ELECTIVE TRUSTEE & CHAIRMAN | 5.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| RUSSELL L CARSON | |||||||||
| ELECTIVE TRUSTEE & VICE CHAIR | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| RICHARD L CHILTON JR | |||||||||
| ELECTIVE TRUSTEE & VICE CHAIR | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| LULU C WANG | |||||||||
| ELECTIVE TRUSTEE & VICE CHAIR | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| CANDACE K BEINECKE | |||||||||
| ELECTIVE TRUSTEE | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| LEON D BLACK | |||||||||
| ELECTIVE TRUSTEE TO 9/2015 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| WELLINGTON Z CHEN | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| MARK FISCH | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| MARINA KELLEN FRENCH | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JEFFREY W GREENBERG | |||||||||
| ELECTIVE TRUSTEE | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES N ATKINS | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| J TOMILSON HILL | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| BONNIE B HIMMELMAN | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| PHILIP H ISLES | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| HAMILTON E JAMES | |||||||||
| ELECTIVE TRUSTEE | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| DEBRA BLACK | |||||||||
| ELECTIVE TRUSTEE FROM 11/2015 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN M CUTLER | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JOYCE FRANK MENSCHEL | |||||||||
| ELECTIVE TRUSTEE TO 9/15 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| BIJAN MOSSAVAR-RAHMANI | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JEFFREY M PEEK | |||||||||
| ELECTIVE TRUSTEE | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| BLAIR EFFRON | |||||||||
| ELECTIVE TRUSTEE | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JOHN PAULSON | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| SAMANTHA BOARDMAN ROSEN | |||||||||
| ELECTIVE TRUSTEE | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| SIR PAUL RUDDOCK | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM C RUDIN | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| BONNIE J SACERDOTE | |||||||||
| ELECTIVE TRUSTEE | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ALEJANDRO SANTO DOMINGO | |||||||||
| ELECTIVE TRUSTEE | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW M SAUL | |||||||||
| ELECTIVE TRUSTEE | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JAMES E SHIPP | |||||||||
| ELECTIVE TRUSTEE | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW SOLOMON | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ANN G TENENBAUM | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| SHELBY WHITE | |||||||||
| ELECTIVE TRUSTEE TO 9/2015 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| BEATRICE STERN | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| BARRIE A WIGMORE | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ANNA WINTOUR | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| JAMES BREYER | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| CAROLINE DIAMOND HARRISON | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| HOWARD MARKS | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| N ANTHONY COLES | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| ALVARO SAIEH | |||||||||
| ELECTIVE TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| COLVIN GRANNUM | |||||||||
| ELECTIVE TRUSTEE FROM 9/2015 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| PHILIP F MARITZ | |||||||||
| ELECTIVE TRUSTEE FROM 3/2016 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| BILL DE BLASIO | |||||||||
| EX-OFFICIO TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| TOM FINKELPEARL | |||||||||
| EX-OFFICIO TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| SCOTT STRINGER | |||||||||
| EX-OFFICIO TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| MELISSA MARK-VIVERITO | |||||||||
| EX-OFFICIO TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| MITCHELL J SILVER | |||||||||
| EX-OFFICIO TRUSTEE | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS P CAMPBELL | |||||||||
| DIR & CEO, EX-OFFICIO TRUSTEE | 35.0 | 0.0 | Yes (X) | $1,069,909 | $0 | $359,026 | |||
| DANIEL H WEISS | |||||||||
| PRES&COO FROM 7/15;EX-OF TRUST | 35.0 | 0.0 | Yes (X) | $781,939 | $0 | $36,173 | |||
| CLYDE B JONES | |||||||||
| SVP INST. ADVMNT. FROM 7/2015 | 35.0 | 0.0 | Yes (X) | $245,742 | $0 | $28,172 | |||
| CARRIE R BARRATT | |||||||||
| DEPUTY DIR COLLECTIONS/ADMIN. | 35.0 | 0.0 | Yes (X) | $349,516 | $0 | $58,323 | |||
| JENNIFER RUSSELL | |||||||||
| ASSOC DIR. OF EXHIB. TO 6/16 | 35.0 | 0.0 | Yes (X) | $375,251 | $0 | $39,045 | |||
| SHARON H COTT | |||||||||
| SR VP, SEC & GEN COUNSEL | 35.0 | 0.0 | Yes (X) | $428,543 | $0 | $58,213 | |||
| HAROLD L HOLZER | |||||||||
| SR VP, PUBLIC AFFAIRS TO 10/15 | 35.0 | 0.0 | Yes (X) | $349,660 | $0 | $54,481 | |||
| OLENA M PASLAWSKY | |||||||||
| SR VP, CFO & TREASURER TO 6/16 | 35.0 | 0.0 | Yes (X) | $484,520 | $0 | $46,874 | |||
| NINA MCN DIEFENBACH | |||||||||
| VP DEVEL. & MEMBSHP. TO 6/16 | 35.0 | 0.0 | Yes (X) | $349,558 | $0 | $58,324 | |||
| TOM JAVITS | |||||||||
| VP CONSTRUCTION & FACILITIES | 35.0 | 0.0 | Yes (X) | $357,480 | $0 | $58,344 | |||
| JO PROSSER | |||||||||
| VP MERCHANDISING & RETAIL | 35.0 | 0.0 | Yes (X) | $409,916 | $0 | $55,429 | |||
| DEBRA A MCDOWELL | |||||||||
| VP FOR HUMAN RESOURCES | 35.0 | 0.0 | Yes (X) | $308,433 | $0 | $46,133 | |||
| ELYSE TOPALIAN | |||||||||
| VP FOR COMMUNICATIONS | 35.0 | 0.0 | Yes (X) | $250,690 | $0 | $56,111 | |||
| SUZANNE E BRENNER | |||||||||
| SVP & CHIEF INVESTMENT OFFICER | 35.0 | 0.0 | Yes (X) | $1,224,028 | $0 | $359,525 | |||
| JEFFREY BLAIR | |||||||||
| ASST.SEC&SR ASSOC.COUN.TO 2/16 | 35.0 | 0.0 | Yes (X) | $225,535 | $0 | $40,406 | |||
| CYNTHIA ROUND | |||||||||
| SVP,MKTING & EXT. RELS TO 6/16 | 35.0 | 0.0 | Yes (X) | $386,402 | $0 | $58,412 | |||
| LAUREN A MESERVE | |||||||||
| CHIEF INVESTMENT OFFICER | 35.0 | 0.0 | Yes (X) | $1,121,674 | $0 | $330,101 | |||
| JEFFREY SPAR | |||||||||
| CHIEF TECHNOLOGY OFFICER | 35.0 | 0.0 | Yes (X) | $347,639 | $0 | $57,290 | |||
| ELAINE MCHUGH | |||||||||
| CHIEF ADVISOR TO PRESIDENT | 35.0 | 0.0 | $274,551 | $0 | $43,443 | Yes (X) | |||
| STEPHEN MANZI | |||||||||
| CHIEF DEVELOPMENT OFFICER | 35.0 | 0.0 | $264,733 | $0 | $57,919 | Yes (X) | |||
| KEN M WEINSTEIN | |||||||||
| GM MERCH FIN,OPS & SYSTEM | 35.0 | 0.0 | $284,833 | $0 | $57,813 | Yes (X) | |||
| SREE SREENIVASAN | |||||||||
| CHIEF DIGITAL OFFICER | 35.0 | 0.0 | $282,911 | $0 | $57,800 | Yes (X) | |||
| KEITH R CHRISTIANSEN | |||||||||
| CHAIRMAN, EUROPEAN PAINTINGS | 35.0 | 0.0 | $284,343 | $0 | $57,741 | Yes (X) | |||
| EMILY K RAFFERTY | |||||||||
| PRES.,EX-OFFIC.TRUSTEE TO 3/15 | 35.0 | 0.0 | $2,234,567 | $0 | $47,909 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $12,692,373 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $2,123,007 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 300 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BEYER BLINDER BELLE | |||||
| 120 BROADWAY | NEW YORK | NY | 10271 | CONSTRUCTION MANAGER | $7,698,340 |
| RC DOLNER LLC | |||||
| 307 5TH AVE 3RD FLOOR | NEW YORK | NY | 10016 | CONSTRUCTION MANAGER | $6,351,994 |
| RAUL AVILA INC | |||||
| 20 WEST 22ND STREET STE 1012 | NEW YORK | NY | 10010 | DESIGN CONSULTANT | $1,697,246 |
| MASTERPIECE INTERNATIONAL | |||||
| 39 BROADWAY | NEW YORK | NY | 10006 | CUSTOMHOUSE BROKERS | $1,605,532 |
| BIG SHOW CONSTRUCTION MANAGEMENT | |||||
| 231 WEST 29TH STREET STE 504 | NEW YORK | NY | 10001 | CONSTRUCTION MANAGER | $644,605 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 26 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $28,964,980 | MembershipDuesAmt |
| Fundraising | $21,373,814 | FundraisingAmt |
| Government Grants | $18,048,946 | GovernmentGrantsAmt |
| All Other Contributions | $191,557,360 | AllOtherContributionsAmt |
| Noncash Contributions | $55,246,019 | NoncashContributionsAmt |
| Total Contributions | $259,945,100 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| EDUCATION PRGRMS,CONCERTS & LECTURES | 532000 | $6,844,184 | $6,638,059 | $206,125 |
| PHOTO RENTALS & FILM FEES | 532000 | $10,080 | $10,080 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,854,264 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $28,757,217 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$9,486,366 | UnrelatedBusinessRevenueAmt |
| Exclusion | $38,243,583 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $45,330 | TotalRevenueColumnAmt |
| Exclusion | $45,330 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $856,374,114 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $756,866,556 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $99,507,558 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $99,507,558 | TotalRevenueColumnAmt |
| Exclusion | $99,507,558 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $715,760 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $21,373,814 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $5,398,800 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$4,683,040 | TotalRevenueColumnAmt |
| Exclusion | -$4,863,260 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $51,842,388 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $51,494,511 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $347,877 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $323,677 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $24,201 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| CORPORATE EVENTS | 812930 | $2,656,980 | $752,288 | $1,904,692 | |
| PARKING GARAGE | 812930 | $2,769,421 | $2,769,421 | ||
| RESTAURANT | 561499 | $23,931,298 | $23,931,298 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,877,977 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,877,977 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $34,235,676 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $425,009,982 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,592,001 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$7,341,268 | UnrelatedBusinessRevenueAmt |
| Exclusion | $159,633,930 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,287,066 | TotalAmt |
| Program Services | $2,287,066 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,250 | TotalAmt |
| Program Services | $5,250 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,300,999 | TotalAmt |
| Program Services | $3,199,164 | ProgramServicesAmt |
| Management And General | $7,506,535 | ManagementAndGeneralAmt |
| Fundraising | $595,300 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,703,000 | TotalAmt |
| Program Services | $112,365,617 | ProgramServicesAmt |
| Management And General | $7,584,390 | ManagementAndGeneralAmt |
| Fundraising | $5,752,993 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,906,425 | TotalAmt |
| Program Services | $17,246,778 | ProgramServicesAmt |
| Management And General | $1,996,691 | ManagementAndGeneralAmt |
| Fundraising | $662,956 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,008,717 | TotalAmt |
| Program Services | $32,070,386 | ProgramServicesAmt |
| Management And General | $3,706,935 | ManagementAndGeneralAmt |
| Fundraising | $1,231,396 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,756,577 | TotalAmt |
| Program Services | $8,456,043 | ProgramServicesAmt |
| Management And General | $976,144 | ManagementAndGeneralAmt |
| Fundraising | $324,390 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,750,074 | TotalAmt |
| Program Services | $350,741 | ProgramServicesAmt |
| Management And General | $1,399,333 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,062,698 | TotalAmt |
| Program Services | $20,000 | ProgramServicesAmt |
| Management And General | $1,042,698 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,982 | TotalAmt |
| Program Services | $92,982 | ProgramServicesAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $206,313 | TotalAmt |
| Fundraising | $206,313 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,525,501 | TotalAmt |
| Management And General | $19,525,501 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,830,292 | TotalAmt |
| Program Services | $9,694,175 | ProgramServicesAmt |
| Management And General | $3,583,900 | ManagementAndGeneralAmt |
| Fundraising | $552,217 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,278,946 | TotalAmt |
| Program Services | $5,909,428 | ProgramServicesAmt |
| Management And General | $6,584 | ManagementAndGeneralAmt |
| Fundraising | $362,934 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,109,342 | TotalAmt |
| Program Services | $43,507,404 | ProgramServicesAmt |
| Management And General | $1,431,825 | ManagementAndGeneralAmt |
| Fundraising | $2,170,113 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,099,508 | TotalAmt |
| Program Services | $988,983 | ProgramServicesAmt |
| Management And General | $1,943,123 | ManagementAndGeneralAmt |
| Fundraising | $167,402 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,537 | TotalAmt |
| Program Services | $1,537 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,079,084 | TotalAmt |
| Program Services | $3,078,794 | ProgramServicesAmt |
| Fundraising | $290 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,728,661 | TotalAmt |
| Program Services | $3,395,339 | ProgramServicesAmt |
| Management And General | $167,659 | ManagementAndGeneralAmt |
| Fundraising | $165,663 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $374,214 | TotalAmt |
| Program Services | $291,232 | ProgramServicesAmt |
| Management And General | $57,575 | ManagementAndGeneralAmt |
| Fundraising | $25,407 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,225,258 | TotalAmt |
| Program Services | $11,634,582 | ProgramServicesAmt |
| Management And General | $505,099 | ManagementAndGeneralAmt |
| Fundraising | $85,577 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,795,217 | TotalAmt |
| Program Services | $48,651,380 | ProgramServicesAmt |
| Management And General | $5,043,191 | ManagementAndGeneralAmt |
| Fundraising | $100,646 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,699,732 | TotalAmt |
| Program Services | $1,917,883 | ProgramServicesAmt |
| Management And General | $781,785 | ManagementAndGeneralAmt |
| Fundraising | $64 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PURCHASES OF ART | $54,574,735 | $54,574,735 | ||
| RESTAURANT SERVICES & SUPPLIES | $22,343,634 | $22,343,634 | ||
| REPAIRS & MAINTENANCE | $5,193,486 | $5,190,877 | $2,609 | |
| CATERING SERVICES | $4,484,609 | $3,535,934 | $404,975 | $543,700 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,451,523 | TotalAmt |
| Program Services | $3,805,054 | ProgramServicesAmt |
| Management And General | $556,726 | ManagementAndGeneralAmt |
| Fundraising | $89,743 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $465,875,380 | TotalAmt |
| Program Services | $394,614,998 | ProgramServicesAmt |
| Management And General | $58,223,278 | ManagementAndGeneralAmt |
| Fundraising | $13,037,104 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,749,717 | BOYAmt |
| EOY | $7,237,908 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $136,865,857 | BOYAmt |
| EOY | $144,519,181 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,777,522 | BOYAmt |
| EOY | $12,685,488 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,790,809 | BOYAmt |
| EOY | $9,711,431 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,565,240 | BOYAmt |
| EOY | $10,830,587 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,112,279,734 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $698,202,965 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $429,711,867 | BOYAmt |
| EOY | $414,076,769 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,454,590,659 | BOYAmt |
| EOY | $2,399,037,345 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $865,770,392 | BOYAmt |
| EOY | $760,492,215 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,607,594 | BOYAmt |
| EOY | $70,130,600 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,002,429,655 | BOYAmt |
| EOY | $3,828,721,524 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $79,192,502 | BOYAmt |
| EOY | $83,065,990 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,003,795 | BOYAmt |
| EOY | $5,372,877 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,271,267 | BOYAmt |
| EOY | $185,497,941 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,525,000 | BOYAmt |
| EOY | $22,522,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $248,570,139 | BOYAmt |
| EOY | $248,618,472 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $188,514,449 | BOYAmt |
| EOY | $247,819,509 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $719,077,152 | BOYAmt |
| EOY | $792,896,789 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $870,496,807 | BOYAmt |
| EOY | $687,449,710 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,469,878,587 | BOYAmt |
| EOY | $1,388,377,528 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $942,977,109 | BOYAmt |
| EOY | $959,997,497 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,283,352,503 | BOYAmt |
| EOY | $3,035,824,735 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,002,429,655 | BOYAmt |
| EOY | $3,828,721,524 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$40,865,398 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$144,531,509 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$62,130,861 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $193,652,342 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $310,234,475 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $294,489,131 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $255,926,608 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $259,945,100 | CurrentTaxYearAmt |
| Total | $1,314,247,656 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,151,301 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,025,751 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $15,278,239 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,715,169 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,715,465 | CurrentTaxYearAmt |
| Total | $81,885,925 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $209,803,643 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $326,260,226 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $309,767,370 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $272,641,777 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $277,660,565 | CurrentTaxYearAmt |
| Total | $1,396,133,581 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $87,439,453 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,308,694,128 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $29,759,757 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $47,256,240 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $49,728,101 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $43,474,530 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $38,288,913 | CurrentTaxYearAmt |
| Total | $208,507,541 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $3,983,699 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,402,549 | CurrentTaxYearMinus2YearsAmt |
| Total | $14,386,248 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,619,027,370 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $425,583,867 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.80832 | PublicSupportCY170Pct |
| Public Support PY170 | 0.80475 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $18,989 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $320,250 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $339,239 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $522,429,451 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $522,768,690 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $268,238 | CurrentYearMinus3Amt |
| Current Year Minus2 | $259,178 | CurrentYearMinus2Amt |
| Current Year Minus1 | $333,119 | CurrentYearMinus1Amt |
| Current Year | $339,239 | CurrentYearAmt |
| Total | $1,199,774 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $17,001 | CurrentYearMinus3Amt |
| Current Year Minus2 | $16,819 | CurrentYearMinus2Amt |
| Current Year Minus1 | $18,573 | CurrentYearMinus1Amt |
| Current Year | $18,989 | CurrentYearAmt |
| Total | $71,382 | TotalAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,700,466,038 | BeginningYearBalanceAmt |
| Contributions | $20,417,352 | ContributionsAmt |
| Investment Earnings Or Losses | -$26,064,305 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,149,811 | GrantsOrScholarshipsAmt |
| Other Expenditures | $167,979,975 | OtherExpendituresAmt |
| End Year Balance | $2,523,689,299 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,656,291,524 | BeginningYearBalanceAmt |
| Contributions | $55,893,860 | ContributionsAmt |
| Investment Earnings Or Losses | $131,623,264 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,949,425 | GrantsOrScholarshipsAmt |
| Other Expenditures | $140,393,185 | OtherExpendituresAmt |
| End Year Balance | $2,700,466,038 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,371,491,241 | BeginningYearBalanceAmt |
| Contributions | $38,131,683 | ContributionsAmt |
| Investment Earnings Or Losses | $384,102,896 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,940,410 | GrantsOrScholarshipsAmt |
| Other Expenditures | $134,493,886 | OtherExpendituresAmt |
| End Year Balance | $2,656,291,524 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,181,790,580 | BeginningYearBalanceAmt |
| Contributions | $28,031,302 | ContributionsAmt |
| Investment Earnings Or Losses | $301,511,700 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,502,016 | GrantsOrScholarshipsAmt |
| Other Expenditures | $137,340,325 | OtherExpendituresAmt |
| End Year Balance | $2,371,491,241 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,313,067,614 | BeginningYearBalanceAmt |
| Contributions | $24,912,568 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,340,878 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,675,861 | GrantsOrScholarshipsAmt |
| Other Expenditures | $151,171,863 | OtherExpendituresAmt |
| End Year Balance | $2,181,791,580 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.30000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.38000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.32000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,015,000 | OtherCostOrOtherBasisAmt |
| Book Value | $1,015,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $36,558,629 | OtherCostOrOtherBasisAmt |
| Depreciation | $27,494,333 | DepreciationAmt |
| Book Value | $9,064,296 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $998,266,220 | OtherCostOrOtherBasisAmt |
| Depreciation | $608,664,688 | DepreciationAmt |
| Book Value | $389,601,532 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $76,439,885 | OtherCostOrOtherBasisAmt |
| Depreciation | $62,043,944 | DepreciationAmt |
| Book Value | $14,395,941 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $414,076,769 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE EQUITY | $405,576,302 | F |
| REAL ASSETS | $354,915,913 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $760,492,215 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITY & SPLIT-INT OBLIGS. | $18,259,599 |
| PENSION AND OTHER ACCRUED RTRM | $229,559,910 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $247,819,509 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $510,596,327 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$144,531,509 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $246,425,100 | OtherRevenueAmt |
| Revenue Not Reported | $101,893,591 | RevenueNotReportedAmt |
| Revenue Subtotal | $408,702,736 | RevenueSubtotalAmt |
| Other Revenues Not Included | $16,307,246 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $16,307,246 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $425,009,982 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $398,037,807 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $74,738,831 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $74,738,831 | ExpensesNotReportedAmt |
| Expenses Subtotal | $323,298,976 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $142,576,404 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $142,576,404 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $465,875,380 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART III, LINE 1A | SFAS 116 FOOTNOTE IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTIONS HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF ART OBJECTS ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PURCHASES OF ART OBJECTS BY THE MUSEUM ARE RECORDED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. PURSUANT TO STATE LAW AND MUSEUM POLICY, PROCEEDS FROM THE SALE OF ART AND RELATED INSURANCE SETTLEMENTS ARE RECORDED AS TEMPORARILY RESTRICTED NET ASSETS FOR THE ACQUISITION OF ART. |
| SCHEDULE D, PART III, LINE 4 | DESCRIPTION OF ORGANIZATION'S COLLECTIONS & FURTHERANCE OF EXEMPT PURPOSE THE MUSEUM'S WORLD-CLASS ART COLLECTION SPANS THE GLOBE AND RANGES IN DATE FROM ANCIENT TO CONTEMPORARY ART. THEY OFFER A SURVEY OF CONSIDERABLE BREADTH OF ART FROM THE ANCIENT CIVILIZATIONS OF ASIA, AFRICA, SOUTH AMERICA, THE PACIFIC ISLANDS, EGYPT, THE NEAR EAST, AND GREECE AND ROME TO THE PRESENT TIME. THE MUSEUM'S COLLECTIONS INCLUDE EUROPEAN PAINTINGS, MEDIEVAL ART AND ARCHITECTURE, ARMS AND ARMOR, PRINTS, PHOTOGRAPHS, DRAWINGS, COSTUMES, MUSICAL INSTRUMENTS, SCULPTURE, TEXTILES, AND DECORATIVE ARTS FROM THE RENAISSANCE TO THE PRESENT TIME, AS WELL AS ONE OF THE FOREMOST COLLECTIONS OF AMERICAN ART IN THE WORLD. THE MUSEUM ALSO MAINTAINS SOME OF THE MOST COMPREHENSIVE ART AND ARCHITECTURE LIBRARIES IN THE UNITED STATES. THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN. |
| SCHEDULE D, PART V, LINE 4 | INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS THE MUSEUM'S ENDOWMENT FUNDS ARE INTENTED TO SUPPORT EDUCATIONAL PROGRAMS, SCHOLARLY RESEARCH AND PUBLICATIONS, ACQUISITIONS OF WORKS OF ART, CONSERVATION OF WORKS OF ART, SPECIAL EXHIBITIONS OF INTEREST TO THE PUBLIC, MAINTENANCE AND EXPANSION OF GALLERIES, AND GENERAL OPERATING SUPPORT FOR MUSEUM EXPENSES. |
| SCHEDULE D, PART XI, LINE 1 | AUDITED FINANCIAL STATEMENTS INCLUDE $379,541,770 FROM OPERATING ACTIVITIES AND $131,054,557 FROM NON-OPERATING ACTIVITIES FOR REVENUE, GAINS AND OTHER SUPPORT. TOTAL PART XI, LINE 1 $510,596,327. |
| SCHEDULE D, PART XI, LINE 2D | RECONCILING ITEMS FOR REVENUE INCLUDING THE FOLLOWING: INVESTMENT RETURN IN EXCESS OF CURRENT SUPPORT FOR OPERATING AND NON-OPERATING ACTIVITIES 171,686,269 COST OF SALES 51,494,511 FUNDRAISING EVENTS 5,398,800 ADVERTISING GIFTS-IN-KIND 130,055 FEDERAL INDEMNIFICATION 975,398 UTILITIES PROVIDED BY THE CITY OF NEW YORK 16,740,067 ---------- TOTAL 246,425,100 |
| SCHEDULE D, PART XI, LINE 4B | RECONCILING ITEMS FOR REVENUE INCLUDES THE FOLLOWING: MANAGEMENT FEES AND OTHER INVESTMENT EXPENSES 19,148,319 PROCEEDS FROM SALE OF ART 4,877,975 REALIZED GAINS AND INVESTMENT INCOME ON 2015 BOND PROCEEDS 68,923 CORPORATE SPECIAL EVENTS 748,422 MUSEUM LOANS 949,973 PARTNERSHIP UBI (9,486,366) ----------- TOTAL 16,307,246 |
| SCHEDULE D, PART XII, LINE 2D | RECONCILING ITEMS FOR EXPENSES INCLUDES THE FOLLOWING: COST OF SALES 51,494,511 FUNDRAISING EVENTS 5,398,800 ADVERTISING GIFTS-IN-KIND 130,055 FEDERAL INDEMNIFICATION 975,398 UTILITIES PROVIDED BY THE CITY OF NEW YORK 16,740,067 ---------- TOTAL 74,738,831 |
| SCHEDULE D, PART XII, LINE 4B | RECONCILING ITEMS FOR EXPENSES INCLUDES THE FOLLOWING: DEPRECIATON AND MISCELLAENOUS NON-CAPITALIZED EXPENSES 54,622,896 PURCHASES OF ART 54,574,735 MANAGEMENT FEES AND OTHER INVESTMENT INCOME 19,148,319 INVESTMENT EXPENSES ON SERIES 2015 BOND 377,183 CORPORATE SPECIAL EVENTS 748,422 MUSEUM LOANS 949,973 EFFECT OF INTEREST RATE SWAP 12,154,876 ----------- TOTAL 142,576,404 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (12 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| Europe (Including Iceland and Greenland) | Grantmaking | T. ROUSSEAU FELLOWSHIP | $5,250 |
| Europe (Including Iceland and Greenland) | Program Services | RESEARCH & EXHIBITIONS | $1,028,386 |
| East Asia and the Pacific | Program Services | RESEARCH & EXHIBITIONS | $207,136 |
| South Asia | Program Services | RESEARCH & EXHIBITIONS | $110,161 |
| Middle East and North Africa | Program Services | RESEARCH & EXHIBITIONS | $107,322 |
| North America | Program Services | RESEARCH & EXHIBITIONS | $42,498 |
| South America | Program Services | RESEARCH & EXHIBITIONS | $6,345 |
| Russia and the Newly Independent States | Program Services | RESEARCH & EXHIBITIONS | $6,737 |
| Sub-Saharan Africa | Program Services | RESEARCH & EXHIBITIONS | $2,495 |
| Central America and the Caribbean | Investments | $547,461,184 | |
| Europe (Including Iceland and Greenland) | Investments | $23,656,614 | |
| North America | Investments | $9,085,212 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $581,719,340 | SubtotalSpentAmt |
| Total Spent | $581,719,340 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | T. ROUSSEAU FELLOWSHIP | TypeOfAssistanceTxt |
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Recipient | 1 | RecipientCnt |
| Cash Grant | $5,250 | CashGrantAmt |
| Manner Of Cash Disbursement | CHECK | MannerOfCashDisbursementTxt |
| Description Of Non Cash Asst | N/A | DescriptionOfNonCashAsstTxt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE F, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE MUSEUM AWARDS VARIOUS GRANTS, EDUCATIONAL TRAVEL STIPENDS AND FELLOWSHIPS ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. A GRANTS COMMITTEE, COMPRISED OF MUSEUM CURATORS, CONSERVATORS, EDUCATORS, SCIENTISTS AND LIBRARIANS, MAKES SELECTIONS BASED UPON COMPETITIVE WRITTEN APPLICATIONS. THE PURPOSE OF THE GRANTS IS TO PROVIDE AN OPPORTUNITY FOR THE GRANTEES TO CONDUCT RESEARCH, EXTEND THEIR PROFESSIONAL KNOWLEDGE AND CONTRIBUTE TO THEIR RESPECTIVE FIELDS AT LARGE. TO THE BEST OF THE MUSEUM'S KNOWLEDGE, NONE OF THE RECIPIENTS OF THE GRANTS OR FELLOWSHIPS ARE RELATED TO ANY PERSON SUCH AS A TRUSTEE, AN OFFICER, OR A KEY EMPLOYEE OF THE MUSEUM. EVERY GRANTEE IS ASSIGNED A SPECIFIC SUPERVISOR AT THE START OF THEIR FELLOWSHIP PERIOD. THE SUPERVISOR IS EITHER A CURATOR, CONSERVATOR, SCIENTIST OR EDUCATOR FROM THE DEPARTMENT HOSTING THE INDIVIDUAL SCHOLAR. THE SCHOLAR AND SUPERVISOR ARE IN CONTACT THROUGHOUT THE YEAR AND DISCUSS ALL OF THE DETAILS OF THE GRANTEE'S RESEARCH WORK. IN ADDITION, THE ACADEMIC PROGRAMS OFFICE WHICH IS RESPONSIBLE FOR ALL OF THE FELLOWS REQUIRES PERIODIC UPDATES ON THE INDIVIDUALS' RESEARCH. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| DONOR SERVICES GROUP | ||||||||
| 6715 SUNSET BLVD | LOS ANGELES | CA | 90028 | TELE- MARKETING | false | $421,891 | $152,776 | $269,115 |
| COMNET | ||||||||
| 1214 STOWE AVENUE | MEDFORD | OR | 97501 | TELE- MARKETING | false | $56,575 | $53,537 | $3,038 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $478,466 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $206,313 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $272,153 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Costume Inst | Event1Nm |
| Gross Receipts Event1 | $13,485,212 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $13,371,712 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $113,500 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $3,556,146 | OtherDirectExpensesEvent1Amt |
| Event2 | Real Est. Coun. | Event2Nm |
| Gross Receipts Event2 | $2,485,000 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $2,377,890 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $107,110 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $326,333 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 9 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $6,119,362 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $5,624,212 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $495,150 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $1,516,321 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $22,089,574 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $21,373,814 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $715,760 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $5,398,800 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $5,398,800 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$4,683,040 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE G, PART I, LINE 2B | THE MEMBERSHIP DEPARTMENT CONTRACTED TWO TELEMARKETING FIRMS, DONOR SERVICES GROUP (DSG) AND COMNET MARKETING GROUP, TO FACILITATE CAMPAIGNS DIRECTED AT CURRENT AND LAPSED MEMBERS OF THE MET THROUGHOUT FISCAL YEAR 2016. BOTH FIRMS REFER TO A SCRIPT, PREAPPROVED BY THE MEMBERSHIP DEPARTMENT, WHEN SOLICITING MEMBERS BY PHONE. DURING FISCAL YEAR 2016; 11,234 CURRENT MEMBERS WERE CONTACTED BY COMNET MARKETING GROUP REQUESTING A CONTRIBUTION TO THE MEMBERSHIP ANNUAL APPEAL; 8,132 CURRENT MEMBERS WERE CONTACTED BY DSG REQUESTING A CONTRIBUTION TO THE MEMBERSHIP ANNUAL APPEAL; 20,127 CURRENT MEMBERS WERE CONTACTED BY DSG PRIOR TO EXPIRATION WITH MEMBERSHIP RENEWAL REQUESTS; 5,114 LAPSED MEMBERS WERE CONTACTED BY DSG AFTER EXPIRATION WITH A REQUEST TO RENEW THEIR MEMBERSHIP. |
| SCHEDULE G, PART II, LINE 11 AND FORM 990, PART VIII, LINE 8 | NOTE THAT THE $4,683,040 LOSS ON FORM 990, PART VIII, LINE 8(C) EXCLUDES THE $21,373,814 OF CONTRIBUTIONS WHICH IF INCLUDED, WOULD RESULT IN A NET SURPLUS OF $16.7 MILLION. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (18 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| THE BOTHMER FELLOWSHIP | 1 | $6,253 | N/A | N/A |
| SYLVAN C. AND PAM COLEMAN FELLOWSHIP | 6 | $102,230 | N/A | N/A |
| CHESTER DALE FELLOWSHIP | 6 | $163,574 | N/A | N/A |
| ANNETTE DE LA RENTA FELLOWSHIP | 2 | $69,933 | N/A | N/A |
| THE DOUGLASS FOUNDATION FELLOWSHIP IN AMERICAN ART | 1 | $31,473 | N/A | N/A |
| SHERMAN FAIRCHILD FOUNDATION FELLOWSHIP | 2 | $75,267 | N/A | N/A |
| ANDREW W. MELLON ART HISTORY FELLOWSHIP | 11 | $278,114 | N/A | N/A |
| ANDREW W. MELLON CONSERVATION FELLOWSHIP | 11 | $297,002 | N/A | N/A |
| ANDREW W. MELLON POSTDOCTORAL CURATORIAL FELLOWSHP | 2 | $158,377 | N/A | N/A |
| J. CLAWSON MILLS FELLOWSHIP | 3 | $64,500 | N/A | N/A |
| HEGOP KEVORKIAN FELLOWSHIP | 2 | $58,854 | N/A | N/A |
| HANNS AND BRIGITTE HORNEY SWARZENSKI FELLOWSHIP | 2 | $43,238 | N/A | N/A |
| JANE AND MORGAN WHITNEY FELLOWSHIP | 19 | $419,944 | N/A | N/A |
| SLIFKA FOUNDATION FELLOWSHIP | 2 | $34,747 | N/A | N/A |
| POLAIRE WEISSMAN FELLOWSHIP | 1 | $32,667 | N/A | N/A |
| RESEARCH SCHOLARSHIP IN PHOTOGRAPH CONSERVATION | 1 | $48,000 | N/A | N/A |
| ANDREW W. MELLON COLLECTIONS SCHOLARSHIP | 4 | $164,426 | N/A | N/A |
| LEONARD A. LAUDER FELLOWSHIP | 4 | $238,467 | N/A | N/A |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE MUSEUM AWARDS VARIOUS GRANTS, EDUCATIONAL TRAVEL STIPENDS AND FELLOWSHIPS ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. A GRANTS COMMITTEE, COMPRISED OF MUSEUM CURATORS, CONSERVATORS, EDUCATORS, SCIENTISTS AND LIBRARIANS, MAKE SELECTIONS BASED UPON COMPETITIVE WRITTEN APPLICATIONS. THE PURPOSE OF THE GRANTS IS TO PROVIDE AN OPPORTUNITY FOR THE GRANTEES TO CONDUCT RESEARCH, EXTEND THEIR PROFESSIONAL KNOWLEDGE AND CONTRIBUTE TO THEIR RESPECTIVE FIELDS AT LARGE. TO THE BEST OF THE MUSEUM'S KNOWLEDGE, NONE OF THE OTHER RECIPIENTS OF THE GRANTS OR FELLOWSHIPS ARE RELATED TO ANY PERSON SUCH AS A TRUSTEE, AN OFFICER, OR A KEY EMPLOYEE OF THE MUSEUM. EVERY GRANTEE IS ASSIGNED A SPECIFIC SUPERVISOR AT THE START OF THEIR FELLOWSHIP PERIOD. THE SUPERVISOR IS EITHER A CURATOR, CONSERVATOR OR SCIENTIST FROM THE DEPARTMENT HOSTING THE INDIVIDUAL SCHOLAR. THE SCHOLAR AND SUPERVISOR ARE IN CONTACT THROUGHOUT THE YEAR AND DISCUSS ALL OF THE DETAILS OF THE GRANTEE'S RESEARCH WORK. IN ADDITION, THE ACADEMIC PROGRAMS OFFICE WHICH IS RESPONSIBLE FOR ALL OF THE FELLOWS REQUIRES PERIODIC UPDATES ON THE INDIVIDUALS' RESEARCH. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Idemnification Gross Up Pmts | Yes (X) | IdemnificationGrossUpPmtsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (24 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THOMAS P CAMPBELL | ||||||||||||||
| DIR & CEO, EX-OFFICIO TRUSTEE | $942,287 | $0 | $0 | $0 | $127,622 | $0 | $37,501 | $0 | $321,525 | $0 | $1,428,935 | $0 | $0 | $0 |
| DANIEL H WEISS | ||||||||||||||
| PRES&COO FROM 7/15;EX-OF TRUST | $327,931 | $0 | $300,000 | $0 | $154,008 | $0 | $35,087 | $0 | $1,086 | $0 | $818,112 | $0 | $0 | $0 |
| EMILY K RAFFERTY | ||||||||||||||
| PRES.,EX-OFFIC.TRUSTEE TO 3/15 | $216,630 | $0 | $0 | $0 | $2,017,937 | $0 | $37,500 | $0 | $10,409 | $0 | $2,282,476 | $0 | $1,583,400 | $0 |
| CLYDE B JONES | ||||||||||||||
| SVP INST. ADVMNT. FROM 7/2015 | $199,258 | $0 | $37,874 | $0 | $8,610 | $0 | $27,521 | $0 | $651 | $0 | $273,914 | $0 | $0 | $0 |
| CARRIE R BARRATT | ||||||||||||||
| DEPUTY DIR COLLECTIONS/ADMIN. | $346,090 | $0 | $0 | $0 | $3,426 | $0 | $37,501 | $0 | $20,822 | $0 | $407,839 | $0 | $0 | $0 |
| JENNIFER RUSSELL | ||||||||||||||
| ASSOC DIR. OF EXHIB. TO 6/16 | $364,768 | $0 | $0 | $0 | $10,483 | $0 | $37,377 | $0 | $1,668 | $0 | $414,296 | $0 | $0 | $0 |
| SHARON H COTT | ||||||||||||||
| SR VP, SEC & GEN COUNSEL | $424,534 | $0 | $0 | $0 | $4,009 | $0 | $37,501 | $0 | $20,712 | $0 | $486,756 | $0 | $0 | $0 |
| HAROLD L HOLZER | ||||||||||||||
| SR VP, PUBLIC AFFAIRS TO 10/15 | $194,425 | $0 | $0 | $0 | $155,235 | $0 | $37,072 | $0 | $17,409 | $0 | $404,141 | $0 | $0 | $0 |
| OLENA M PASLAWSKY | ||||||||||||||
| SR VP, CFO & TREASURER TO 6/16 | $477,595 | $0 | $0 | $0 | $6,925 | $0 | $37,500 | $0 | $9,374 | $0 | $531,394 | $0 | $0 | $0 |
| NINA MCN DIEFENBACH | ||||||||||||||
| VP DEVEL. & MEMBSHP. TO 6/16 | $346,129 | $0 | $0 | $0 | $3,429 | $0 | $37,501 | $0 | $20,823 | $0 | $407,882 | $0 | $0 | $0 |
| TOM JAVITS | ||||||||||||||
| VP CONSTRUCTION & FACILITIES | $352,154 | $0 | $0 | $0 | $5,326 | $0 | $37,501 | $0 | $20,843 | $0 | $415,824 | $0 | $0 | $0 |
| JO PROSSER | ||||||||||||||
| VP MERCHANDISING & RETAIL | $407,846 | $0 | $0 | $0 | $2,070 | $0 | $34,784 | $0 | $20,645 | $0 | $465,345 | $0 | $0 | $0 |
| DEBRA A MCDOWELL | ||||||||||||||
| VP FOR HUMAN RESOURCES | $305,475 | $0 | $0 | $0 | $2,958 | $0 | $37,500 | $0 | $8,633 | $0 | $354,566 | $0 | $0 | $0 |
| ELYSE TOPALIAN | ||||||||||||||
| VP FOR COMMUNICATIONS | $248,294 | $0 | $0 | $0 | $2,396 | $0 | $36,169 | $0 | $19,942 | $0 | $306,801 | $0 | $0 | $0 |
| SUZANNE E BRENNER | ||||||||||||||
| SVP & CHIEF INVESTMENT OFFICER | $594,298 | $0 | $624,828 | $0 | $4,902 | $0 | $338,000 | $0 | $21,525 | $0 | $1,583,553 | $0 | $291,748 | $0 |
| JEFFREY BLAIR | ||||||||||||||
| ASST.SEC&SR ASSOC.COUN.TO 2/16 | $225,035 | $0 | $0 | $0 | $500 | $0 | $32,158 | $0 | $8,248 | $0 | $265,941 | $0 | $0 | $0 |
| CYNTHIA ROUND | ||||||||||||||
| SVP,MKTING & EXT. RELS TO 6/16 | $380,458 | $0 | $0 | $0 | $5,944 | $0 | $37,501 | $0 | $20,911 | $0 | $444,814 | $0 | $0 | $0 |
| LAUREN A MESERVE | ||||||||||||||
| CHIEF INVESTMENT OFFICER | $571,811 | $0 | $548,723 | $0 | $1,140 | $0 | $320,664 | $0 | $9,437 | $0 | $1,451,775 | $0 | $238,702 | $0 |
| JEFFREY SPAR | ||||||||||||||
| CHIEF TECHNOLOGY OFFICER | $345,815 | $0 | $0 | $0 | $1,824 | $0 | $37,500 | $0 | $19,790 | $0 | $404,929 | $0 | $0 | $0 |
| ELAINE MCHUGH | ||||||||||||||
| CHIEF ADVISOR TO PRESIDENT | $271,046 | $0 | $0 | $0 | $3,505 | $0 | $35,409 | $0 | $8,034 | $0 | $317,994 | $0 | $0 | $0 |
| STEPHEN MANZI | ||||||||||||||
| CHIEF DEVELOPMENT OFFICER | $262,151 | $0 | $0 | $0 | $2,582 | $0 | $37,500 | $0 | $20,419 | $0 | $322,652 | $0 | $0 | $0 |
| KEN M WEINSTEIN | ||||||||||||||
| GM MERCH FIN,OPS & SYSTEM | $283,863 | $0 | $0 | $0 | $970 | $0 | $37,300 | $0 | $20,513 | $0 | $342,646 | $0 | $0 | $0 |
| SREE SREENIVASAN | ||||||||||||||
| CHIEF DIGITAL OFFICER | $281,951 | $0 | $0 | $0 | $960 | $0 | $37,300 | $0 | $20,500 | $0 | $340,711 | $0 | $0 | $0 |
| KEITH R CHRISTIANSEN | ||||||||||||||
| CHAIRMAN, EUROPEAN PAINTINGS | $277,823 | $0 | $0 | $0 | $6,520 | $0 | $37,500 | $0 | $20,241 | $0 | $342,084 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 1A | FIRST-CLASS TRAVEL FOR CALENDAR YEAR 2015, THE MUSEUMS DIRECTOR AND CHIEF EXECUTIVE OFFICER, THOMAS CAMPBELL, AND THE MUSEUMS PRESIDENT, DANIEL WEISS, FLEW FIRST CLASS DOMESTICALLY ON AN EXCEPTIONAL BASIS WHERE THE AIRLINES DID NOT OFFER BUSINESS CLASS. THIS TRAVEL WAS NOT TREATED AS TAXABLE COMPENSATION. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS THE MUSEUM GROSSED UP BY $1,390 A COBRA REIMBURSEMENT PAID TO CLYDE JONES. PERSONAL HOUSING - FOR THE FIRST HALF OF CALENDAR YEAR 2015, THE MUSEUM PROVIDED A HOUSING ALLOWANCE TO THE THEN-SERVING PRESIDENT, EMILY RAFFERTY, WHO RETIRED ON JULY 1, 2015. FOR THE SECOND HALF OF CALENDAR YEAR 2015, THE MUSEUM PROVIDED A HOUSING ALLOWANCE TO THE PRESIDENT, DANIEL WEISS, WHO WAS HIRED ON JULY 1, 2015. THESE ALLOWANCES WERE TREATED AS TAXABLE COMPENSATION. FOR CALENDAR YEAR 2015, THE MUSEUM PROVIDED THE DIRECTOR AND CHIEF EXECUTIVE OFFICER, THOMAS CAMPBELL, WITH A RESIDENCE THAT HE WAS REQUIRED TO LIVE IN AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE MUSEUM. THE VALUE OF THIS HOUSING WAS NOT TREATED AS TAXABLE COMPENSATION. |
| SCHEDULE J, PART 1, LINE 4B | THE FOLLOWING PERSONS PARTICIPATED IN OR RECEIVED PAYMENTS FROM A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: THOMAS CAMPBELL - $100,000 EMILY RAFFERTY - $112,432 DANIEL WEISS - $70,000 |
| SCHEDULE J, PART I, LINE 7 | PURSUANT TO THE MUSEUM'S INCENTIVE COMPENSATION PLAN FOR INVESTMENT STAFF, SENIOR VICE PRESIDENT AND CHIEF INVESTMENT OFFICER, SUZANNE BRENNER, RECEIVED A BONUS PAYMENT OF $624,828, AND CHIEF INVESTMENT OFFICER, LAUREN MESERVE, RECEIVED A BONUS PAYMENT OF $548,723. ALL SUCH PAYMENTS ARE INCLUDED IN SCHEDULE J, PART II COLUMN B. |
| SCHEDULE J, PART I, LINE 7, COLUMN (C) | COLUMN (C) INCLUDES DEFERRED COMPENSATION AS FOLLOWS: BONUS PAYMENTS FOR SUZANNE BRENNER OF $300,500 AND FOR LAUREN MESERVE OF $283,364. THIS DEFERRED COMPENSATION MAY BE FORFEITED IF THE RECIPIENT LEAVES THE MUSEUM'S EMPLOYMENT BEFORE IT IS PAID. THE EXACT AMOUNT IS SUBJECT TO ADJUSTMENT BASED ON THE PERFORMANCE OF THE ENDOWMENT FUND. |
| FORM 990, PART VII | THOMAS CAMPBELL AND DANIEL WEISS ARE EX-OFFICIO TRUSTEES. EMILY RAFFERTY WAS AN EX-OFFICIO TRUSTEE BEFORE SHE RETIRED. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY | ||||||||
| A | 911882413 | 649717NP6 | 2006-12-01 | $65,000,000 | PARTIAL FUNDING OF CAPITAL PROJECT | false | false | false |
| TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY | ||||||||
| B | 911882413 | 649717NQ4 | 2006-12-01 | $65,000,000 | PARTIAL FUNDING OF CAPITAL PROJECT | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $65,000,000 | $0 | $0 | $0 | $795,690 | $0 | $0 | $64,204,310 | $0 | $0 | false | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $65,000,000 | $0 | $0 | $0 | $795,690 | $0 | $0 | $64,204,310 | $0 | $0 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | Yes (true) | false | 0 | false | false | false | Yes (true) |
| B | false | false | Yes (true) | Yes (true) | false | 0 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Exception To RebateExceptionToRebateInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||
| A | false | Yes (true) | Yes (true) | false | false | 0 | false | Yes (true) |
| 0 | ||||||||
| B | false | false | Yes (true) | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART III, LINES 4-6 | FormAndLineReferenceDesc |
| Explanation | PRIVATE BUSINESS AND UNRELATED USE THE MUSEUM PERFORMS A DETAILED PRIVATE BUSINESS AND UNRELATED USE CALCULATION. THE MUSEUM CALCULATED ITS PRIVATE BUSINESS AND UNRELATED USE FOR THE FISCAL YEAR ENDED JUNE 30, 2016 TO BE NEARLY 0% IN TAX EXEMPT BOND FINANCED SPACE. THIS ANALYSIS EXCLUDES COST OF ISSUANCE. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| WHALE ROCK FLAGSHIP FUND LTD | |||
| SEE PART V | $2,051,083 | MANAGEMENT & PERFORMANCE FEE | false |
| BROADREACH CAPITAL PARTNERS | |||
| SEE PART V | $141,286 | MANAGEMENT FEE | false |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE L, PART IV | FormAndLineReferenceDesc |
| Explanation | BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: WHALE ROCK FLAGSHIP FUND LTD. (THE "FUND") IS AN ENTITY CONTROLLED BY THE SON OF TRUSTEE BONNIE J. SACERDOTE. THE MUSEUM IS INVESTED WITH THE FUND AND PAYS FEES TO THE FUND. TRUSTEE PHILIP MARITZ IS A MANAGING DIRECTOR OF BROADREACH CAPITAL PARTNERS. THE MUSEUM IS INVESTED IN TWO FUNDS SPONSORED BY BROADREACH AND PAYS FEES TO THE FUNDS. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 224 | ContributionCnt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp |
Art Fractional Interest ArtFractionalInterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 9 | ContributionCnt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 184 | ContributionCnt |
| Noncash Contributions Rpt F990 | $34,255,679 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MKT VALUE- GIFT DATE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp |
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $20,990,340 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Form8283 Received | 66 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE M, PART I, COLUMN (B) | THE AMOUNTS SHOWN IN PART I, COLUMN (B) FOR "NUMBER OF CONTRIBUTIONS" REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS AND NOT NECESSARILY THE TOTAL NUMBER OF ITEMS CONTRIBUTED. |
| SCHEDULE M, PART I, LINE 32B | THE MUSEUM MAY, FROM TIME TO TIME, SELL ART WORKS ACQUIRED AS NON-CASH CONTRIBUTIONS THROUGH THIRD PARTIES SUCH AS PUBLIC AUCTION HOUSES, PRIVATE DEALERS, OR INDIVIDUALS. IN EACH CASE, THE MUSEUM ENTERS INTO A CONTRACT OR AGREEMENT WITH THE THIRD PARTY CONDUCTING OR PARTICIPATING IN THE SALE AND ADHERES TO ITS OWN PUBLISHED POLICY REGARDING SUCH SALES AS WELL AS APPLICABLE IRS RULES AND STANDARDS OF ACCOUNTING. |
| SCHEDULE M, PART I, LINE 33 | IN ACCORDANCE WITH FASB'S SFAS 116, THE MUSEUM DOES NOT TREAT DONATIONS OF PROPERTY OF THE TYPES DESCRIBED IN PART I OF SCHEDULE M AS REVENUE OR CAPITALIZE ITS COLLECTIONS BECAUSE THEY ARE USED TO SUPPORT ITS NON-PROFIT EDUCATIONAL MISSION, AND, SHOULD THE PROPERTY BE SOLD, PROCEEDS FROM SUCH SALE WOULD BE USED SOLELY TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. THESE ACCOUNTING STANDARDS ARE ALSO ENDORSED BY THE AMERICAN ALLIANCE OF MUSEUMS AND THE ASSOCIATION OF ART MUSEUM DIRECTORS, OF WHICH ORGANIZATIONS THE MUSEUM IS A MEMBER. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (18 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III | MISSION AND PROGRAM SERVICE ACCOMPLISHMENTS THE METROPOLITAN MUSEUM OF ART WAS FOUNDED ON APRIL 13, 1870, WITH A STATEMENT OF PURPOSE THAT HAS GUIDED IT FOR OVER 140 YEARS: "TO BE LOCATED IN THE CITY OF NEW YORK, FOR THE PURPOSE OF ESTABLISHING AND MAINTAINING IN SAID CITY A MUSEUM AND LIBRARY OF ART, OF ENCOURAGING AND DEVELOPING THE STUDY OF THE FINE ARTS, AND THE APPLICATION OF ARTS TO MANUFACTURE AND PRACTICAL LIFE, OF ADVANCING THE GENERAL KNOWLEDGE OF KINDRED SUBJECTS, AND, TO THAT END, OF FURNISHING POPULAR INSTRUCTION." ON JANUARY 13, 2015, THE TRUSTEES OF THE METROPOLITAN MUSEUM OF ART REAFFIRMED THE ABOVE STATEMENT OF PURPOSE AND SUPPLEMENTED IT WITH THE FOLLOWING STATEMENT OF MISSION: "THE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES IN ORDER TO CONNECT PEOPLE TO CREATIVITY, KNOWLEDGE, AND IDEAS." THE SAME COMMITMENT TO ART, SCHOLARSHIP, AND ACCESSIBILITY THAT MARKED OUR FOUNDING IN 1870 CONTINUES TO GUIDE US TODAY, AND OUR DEDICATION TO THAT MISSION HAS ALLOWED US TO GROW INTO AN EXCEPTIONALLY STRONG MUSEUM. THE HISTORIC ACHIEVEMENTS OF FISCAL YEAR 2016 - RECORD-BREAKING ATTENDANCE FOR THE SECOND YEAR IN A ROW, THE SUCCESSFUL LAUNCH OF THE MET BREUER, AND A DYNAMIC PROGRAM DEMONSTRATING THE RELEVANCE OF 5,000 YEARS OF ART - ARE A TESTAMENT TO THE MUSEUM'S STRENGTH. |
| PART III (CONTINUED) | ATTENDANCE DURING FISCAL YEAR 2016, THE MUSEUM DREW 6.7 MILLION VISITORS, THE HIGHEST NUMBER SINCE WE BEGAN TRACKING ADMISSION STATISTICS MORE THAN FORTY YEARS AGO. THE TOTAL INCLUDES ATTENDANCE AT ALL THREE OF THE MUSEUMS LOCATIONS. THIS IS THE FIFTH CONSECUTIVE YEAR IN WHICH ATTENDANCE AT THE MUSEUM EXCEEDED 6 MILLION. THE INCREASE IN ATTENDANCE OVER LAST YEAR (THIS YEAR WAS 400,000 HIGHER THAN THE LAST) WAS DUE TO AN INCREASE OF APPROXIMATELY 200,000 VISITORS AT THE MET FIFTH AVENUE AND THE MET CLOISTERS COMBINED, AND ATTENDANCE OF 185,000 DURING THE INAUGURAL FOUR MONTHS AT THE MET BREUER. THE MET CONTINUES TO BE A POPULAR DESTINATION FOR LOCAL VISITORS: TWENTY-NINE PERCENT OF THE MUSEUMS VISITORS TO THE MET FIFTH AVENUE AND THE MET CLOISTERS IN FISCAL YEAR 2016 CAME FROM THE FIVE BOROUGHS OF NEW YORK CITY, WHILE FORTY PERCENT WERE FROM BOTH NEW YORK CITY AND THE TRISTATE AREA COMBINED. THE MUSEUM ALSO CONTINUES TO BE NEW YORKS MOST VISITED TOURIST ATTRACTION FOR BOTH DOMESTIC AND INTERNATIONAL AUDIENCES - IN FISCAL YEAR 2016, INTERNATIONAL VISITORS FROM ABOUT 190 COUNTRIES VISITED THE MET FIFTH AVENUE AND THE MET CLOISTERS, ACCOUNTING FOR FORTY-ONE PERCENT OF VISITORS. EXHIBITION ATTENDANCE WAS STRONG OVER THE COURSE OF THE YEAR. TWENTY-ONE OF THE EXHIBITIONS ON VIEW AT THE MET FIFTH AVENUE IN FISCAL YEAR 2016 WERE VISITED BY MORE THAN 100,000 VISITORS EACH. |
| PART III (CONTINUED) | PROJECTS AND INITIATIVES THE OPENING OF THE MET BREUER ON MADISON AVENUE AND 75TH STREET IN MARCH 2016 MARKED THE START OF AN EXCITING NEW CHAPTER FOR BOTH THE MUSEUM AND THE CULTURAL LANDSCAPE OF NEW YORK CITY. HOUSED IN THE LANDMARK BUILDING DESIGNED BY THE RENOWNED BAUHAUS ARCHITECT MARCEL BREUER, THE MET BREUER PROGRAM INVITES VISITORS TO ENGAGE WITH THE ART OF THE TWENTIETH AND TWENTY-FIRST CENTURIES THROUGH A RANGE OF EXHIBITIONS, COMMISSIONS, PERFORMANCES, AND ARTIST RESIDENCIES, ALL UNIQUELY PRESENTED THROUGH THE GLOBAL BREADTH AND HISTORICAL REACH OF THE METS UNPARALLELED COLLECTION. THE LANDMARK BUILDING WAS RESTORED WITH BREUERS ORIGINAL VISION IN MIND UNDER THE GUIDANCE OF BEYER BLINDER BELLE ARCHITECTS & PLANNERS LLP. AS PART OF OUR EFFORT TO EXPAND THE REACH AND RELEVANCE OF THE MUSEUM TO THE BROADEST, MOST DIVERSE GLOBAL AUDIENCE, IN MARCH OF THIS YEAR WE UNVEILED A NEW VISUAL STRATEGY THAT BRINGS GREATER CLARITY AND CONSISTENCY TO THE MET EXPERIENCE AND TO COMMUNICATION ACROSS ALL OF OUR SPACES-THE MET FIFTH AVENUE, THE MET BREUER, THE MET CLOISTERS, AND ONLINE. A CULMINATION OF THE AUDIENCE ENGAGEMENT STUDY THAT WE BEGAN TWO YEARS AGO, THE NEW VISUAL STRATEGY WAS ACHIEVED THROUGH CANVASSING A BROAD SPECTRUM OF CONSTITUENTS, FROM CURATORS AND STAFF TO VISITORS, MEMBERS, COLLECTORS, AND ARTISTS. THE NEW LOOK-WHICH INCLUDES A CLEAR GRAPHIC LANGUAGE COMPRISED OF CUSTOM FONTS AND COLORS, A NEW LOGO BASED ON OUR COMMONLY USED NAME, "THE MET," A NEW MAP, AND A CLEAR, INTEGRATED PRESENTATION OF OUR PROGRAMMING ACROSS ALL PUBLIC-FACING MATERIALS-WAS CHOSEN BECAUSE IT REPRESENTS SOMETHING SIMPLE, BOLD, AND INDISPUTABLE: THE MET IS HERE FOR EVERYONE. THE PRIORITIES ESTABLISHED THROUGH THE AUDIENCE ENGAGEMENT STUDY WILL CONTINUE TO INFORM OUR WORK AS WE MOVE AHEAD, WHILE THE FORMAL NAME, THE METROPOLITAN MUSEUM OF ART, REMAINS UNCHANGED. |
| PART III (CONTINUED) | INTERNATIONAL ACTIVITY WITH A BODY OF EVER-EXPANDING KNOWLEDGE UNDERPINNING OUR ACTIVITIES AND CREATING DIALOGUE BETWEEN DISPARATE HISTORIES AND TRADITIONS ACROSS THE AGES, THE MET IS BY NATURE A MUSEUM NOT ONLY OF THE WORLD, BUT IN THE WORLD, AND FISCAL YEAR 2016 BROUGHT PARTICULARLY MEANINGFUL DEVELOPMENTS ON THE GLOBAL FRONT. IN DECEMBER 2015, WE SIGNED A MEMORANDUM OF UNDERSTANDING WITH THE MINISTRY OF CULTURE, SPORTS, AND TOURISM OF THE REPUBLIC OF KOREA. THE LANDMARK AGREEMENT WAS ACCOMPANIED BY THE ANNOUNCEMENT OF A GIFT OF $1 MILLION FROM THE MINISTRY TO FUND INITIATIVES FOR PRESENTING KOREAN ART AT THE MET AND TO SUPPORT COLLABORATIVE SCHOLARSHIP OVER A THREE-YEAR PERIOD. ALSO IN DECEMBER, THE MET HOSTED WITH COLUMBIA UNIVERSITY AND KO UNIVERSITY A CONFERENCE IN ISTANBUL ON CULTURAL HERITAGE PRESERVATION IN SYRIA AND IRAQ. THE GATHERING ALLOWED US TO CONVENE KEY PARTICIPANTS FROM BOTH COUNTRIES WHO WOULD NOT HAVE BEEN ABLE TO GET VISAS TO THE UNITED STATES; THE MORE THAN FORTY PARTICIPANTS ALSO INCLUDED COLLEAGUES FROM TURKEY AND WESTERN EUROPE. IN APRIL 2016, THE MUSEUM HOSTED THE THIRD ANNUAL GLOBAL MUSEUM LEADERS COLLOQUIUM (GMLC), A TWO-WEEK CONFERENCE FOR MUSEUM DIRECTORS FROM AROUND THE WORLD TO EXCHANGE IDEAS ABOUT THE COMMON CHALLENGES THEY FACE AND SHARE INSIGHTS ON VARIOUS FACETS OF MUSEUM MANAGEMENT, INCLUDING CURATORIAL AND CONSERVATION WORK AS WELL AS MARKETING, DEVELOPMENT, AND DIGITAL TECHNOLOGY. |
| PART III (CONTINUED) | COLLECTIONS AND ACQUISITIONS THE MET PRESENTS OVER 5,000 YEARS OF ART FROM AROUND THE WORLD AT ITS MAIN BUILDING ON FIFTH AVENUE, AT THE MET BREUER, AND AT THE MET CLOISTERS. THE MET HAS ALWAYS ASPIRED TO BE MORE THAN A TREASURY OF RARE AND BEAUTIFUL OBJECTS. EVERY DAY, ART COMES ALIVE IN THE MUSEUMS GALLERIES AND THROUGH ITS EXHIBITIONS AND EVENTS, REVEALING BOTH NEW IDEAS AND UNEXPECTED CONNECTIONS ACROSS TIME AND ACROSS CULTURES. OVER THE PAST YEAR, ACQUISITIONS HAVE DEEPENED AND BROADENED THE MUSEUMS COLLECTION. KEY ACQUISITIONS INCLUDED A WOODEN MASK FROM MODERN-DAY ZAMBIA MADE BY THE MBUNDA PEOPLE; AN AZTEC LABRET-A TYPE OF PLUG THAT PIERCES THE LOWER LIP AND WOULD HAVE UNDERSCORED A RULERS DIVINE AUTHORITY-A RARE EXAMPLE OF WHAT WAS ONCE A THRIVING TRADITION OF GOLDWORKING IN THE AZTEC EMPIRE; A RARE SHIRT OF MAIL AND PLATE THAT BELONGED TO AL-ASHRAF SAYF AD-DIN QAITBAY (CA. 1416/181496), THE EIGHTEENTH BURJI MAMLUK SULTAN OF EGYPT AND ONE OF ITS LONGEST REIGNING; A JEWEL-LIKE SCULPTURE MADE ON AN INTIMATE SCALE, BY MARA LUISA ROLDN, CALLED LA ROLDANA (1656-1704); A PRECIOUS "BOOK OF HOURS" (CA. 1530-35) ILLUMINATED BY SIMON BENING OF BRUGES, AN ARTIST INTERNATIONALLY RENOWNED IN HIS OWN TIME AND TO THIS DAY; AN EXTREMELY RARE GOYA PRINT, "LANDSCAPE WITH BUILDINGS AND TREES" (CA. 1800-1810), ADDING TO OUR NEARLY COMPLETE COLLECTION OF HIS PRINTS; A PROMISED GIFT OF A 1786 PAINTING, AMONG THE FINEST PORTRAITS OF THE AMERICAN REVOLUTION, BY GILBERT STUART OF JOSEPH BRANT, THE PARAMOUNT WAR CHIEF OF THE IROQUOIS NATION; AND, FOR THE COSTUME INSTITUTE, A COLLECTION OF ALMOST FORTY PIECES BY A NUMBER OF THE WORLDS MOST RENOWNED DESIGNERS. |
| PART III (CONTINUED) | CURITORIAL, CONSERVATION, AND RESEARCH THE MUSEUMS CURATORIAL PROGRAMS ARE SUPPORTED BY NUMEROUS SERVICES AND RESOURCES. THE DEPARTMENTS OF PAINTINGS, PAPER, OBJECTS, TEXTILE, AND PHOTOGRAPHS CONSERVATION PREPARE AND REVIEW EVERY ARTWORK SELECTED FOR AN EXHIBITION OR LOAN. THE METS CONSERVATION EFFORT RANKS WITH THE BEST OF THE WORLDS MAJOR MUSEUMS. THE THOMAS J. WATSON LIBRARY HOUSES VALUABLE RESEARCH MATERIAL AVAILABLE TO THE STAFF AND PUBLIC FOR CURATORIAL, EDUCATION, AND PUBLICATION PROJECTS. IN FISCAL YEAR 2016, 10,043 VISITS WERE MADE BY OUTSIDE RESEARCHERS, AND 2,144 NEW OUTSIDE RESEARCHERS WERE REGISTERED. THE MUSEUM LIBRARIES CIRCULATED 46,160 ITEMS TO READERS. ELEVEN WEEKLY SESSIONS OF STORY TIME IN NOLEN LIBRARY REACHED OVER 17,633 CHILDREN AND THEIR CAREGIVERS. THE LIBRARY CONTINUED TO DIGITIZE RARE COLLECTION MATERIALS, BOTH PRINTED AND MANUSCRIPT, AND TO MAKE THEM AVAILABLE ONLINE, CONTINUING TO AVERAGE MORE THAN 97,000 PAGE HITS PER MONTH. THE MET CONTINUES TO BE ONE OF THE WORLDS LEADING MUSEUM PUBLISHERS, AND THIS YEARS AWARD-WINNING PROGRAM OF PRINT PUBLICATIONS PRODUCED TWENTY-ONE NEW TITLES IN FISCAL YEAR 2016, INCLUDING EXHIBITION CATALOGUES ON TOPICS RANGING FROM MIDDLE KINGDOM EGYPT TO INDIAN COURT PAINTING TO THE INFLUENCE OF TECHNOLOGY ON FASHION, AS WELL AS CATALOGUES ON THE MUSEUMS COLLECTIONS OF MUSICAL INSTRUMENTS, CLOCKS AND WATCHES, AND ISLAMIC ARMS AND ARMOR. IN ADDITION, FOURTEEN TITLES WERE TRANSLATED INTO FOREIGN LANGUAGES. ON THE MET WEBSITE, THE GROUNDBREAKING "METPUBLICATIONS," A PORTAL TO OUR COMPREHENSIVE PUBLISHING PROGRAM WITH MORE THAN 1,500 ONLINE AND PRINT PUBLICATIONS FROM THE LAST FIVE DECADES, ATTRACTED 1.4 MILLION VISITORS FROM AROUND THE WORLD. |
| PART III (CONTINUED) | EXHIBITIONS IN THE GALLERIES THIS YEAR, WE PRESENTED MORE THAN SIXTY EXHIBITIONS, FROM SMALL FOCUSED INSTALLATIONS TO MAJOR INTERNATIONAL SHOWS, ON A RANGE OF THEMES, PERIODS, CULTURES, AND INDIVIDUAL ARTISTS. THE FOLLOWING EXHIBITIONS WERE AMONG THE HIGHLIGHTS IN FISCAL YEAR 2016: "KONGO POWER AND MAJESTY"ANCIENT EGYPT TRANSFORMED: THE MIDDLE KINGDOM"CELEBRATING THE ARTS OF JAPAN: THE MARY GRIGGS BURKE COLLECTION "MASTERPIECES OF CHINESE PAINTING FROM THE MET COLLECTION "CRIME STORIES: PHOTOGRAPHY AND FOUL PLAY""THE LUXURY OF TIME: EUROPEAN CLOCKS AND WATCHES "ARTISTIC FURNITURE OF THE GILDED AGE "THE WORLD IN PLAY: LUXURY CARDS, 1430-1540 "THE POWER OF PRINTS: THE LEGACY OF WILLIAM M. IVINS AND A. HYATT MAYOR "VIGEE LE BRUN: WOMAN ARTIST IN REVOLUTIONARY FRANCE "UNFINISHED: THOUGHTS LEFT VISIBLE "NASREEN MOHAMEDI "PERGAMON AND THE HELLENISTIC KINGDOMS OF THE ANCIENT WORLD "THE ROOF GARD COMMISSION: TRANSITIONAL OBJECT (PSYCHOBARN) "COURT AND COSMOS: THE GREAT AGE OF THE SELJUQS AND "MANUS x MACHINA: FASHION IN AN AGE OF TECHNOLOGY." |
| PART III (CONTINUED) | EDUCATION AND CONCERTS & LECTURES IN FISCAL YEAR 2016, THE EDUCATION AND CONCERTS & LECTURES DEPARTMENT EXPANDED TO INCLUDE AUDIENCE DEVELOPMENT. THE TRANSITION HAS FOSTERED GREATER COLLABORATION AROUND THE GOAL OF ENGAGING VISITORS OF ALL AGES, BACKGROUNDS, AND INTERESTS. ALONG THE SAME LINES, THE PROCESS OF RETHINKING THE DEPARTMENTS ORGANIZATIONAL STRUCTURE BEGAN IN FISCAL YEAR 2016, WITH AN EYE TOWARD DEVELOPING AN EDUCATIONAL PHILOSOPHY AND INSTITUTIONAL VALUES THAT MAXIMIZE CREATIVE PROGRAMMING AND AUDIENCE ENGAGEMENT. IN FISCAL YEAR 2016, 31,824 EVENTS (ALMOST 3,500 MORE THAN LAST YEAR) DREW 847,429 PARTICIPANTS (COMPARED WITH 749,179 IN FISCAL YEAR 2015), REFLECTING GREATER INTEREST IN EXISTING PROGRAMS, MORE VOLUNTEER-LED TOURS AND ADULT GROUP VISITS, AND ADDITIONAL PROGRAMS AT THE NEWLY OPENED MET BREUER. OUR CONTINUED ENGAGEMENT WITH PRACTICING ARTISTS AND THE EXPLORATION OF THE CREATIVE PROCESS WAS MOST NOTABLE IN OUR TWO ARTIST RESIDENCIES. VISUAL ARTIST PETER HRISTOFF COLLABORATED ON A WIDE RANGE OF INNOVATIVE PROJECTS THROUGHOUT THE MUSEUM TO PROMOTE GREATER UNDERSTANDING OF MUSLIM CULTURE AMONG TEENS AND ADULTS. "RELATION: A PERFORMANCE RESIDENCY BY VIJAY IYER" INCLUDED A MARATHON OF PERFORMANCES FEATURING THE ARTIST ALONGSIDE A ROSTER OF MUSICIANS, POETS, VOCALISTS, AND OTHER ARTISTS. THE EVENT DREW TWELVE THOUSAND VISITORS FOR THE INAUGURATION OF THE MET BREUER. A FULL WEEKEND OF ADDITIONAL INTERACTIVE PROGRAMS AT THE MET BREUER, THE MET FIFTH AVENUE, AND THE MET CLOISTERS, ATTENDED BY MORE THAN SEVEN THOUSAND PEOPLE, ALSO MARKED THE OPENING OF THE NEW BUILDING AND REINFORCED THE IDEA OF THE MET AS ONE INSTITUTION WITH THREE ICONIC LOCATIONS. METFRIDAYS: NEW YORKS NIGHT OUT, EVENINGS OF DYNAMIC PROGRAMMING CONCEIVED AROUND A THEME, ENGAGED LOCAL RESIDENTS AND SERVED AS A PLATFORM FOR PARTNERSHIPS WITH NEW YORK CITYS CREATIVE COMMUNITIES. EVENINGS SUCH AS NOCHE EN EL MET! CELEBRATE LATIN AMERICA, FOR EXAMPLE, FOSTERED CULTURAL LEARNING AMONG ALMOST TWO THOUSAND VISITORS AND ATTRACTED A DIVERSE AUDIENCE, OF WHICH FIFTY PERCENT WERE AGED EIGHTEEN TO THIRTY-FOUR. VISITORS OF ALL AGES AND ABILITIES ENJOYED AN ENORMOUS RANGE OF PROGRAMS THROUGHOUT THE YEAR, INCLUDING LARGE-SCALE FESTIVALS SUCH AS THE LUNAR NEW YEAR AND MUSEUM MILE CELEBRATIONS, WHICH TOGETHER ATTRACTED WELL OVER NINE THOUSAND PEOPLE. FREE-WITH-ADMISSION LIVE-ARTS PERFORMANCES IN THE GALLERIES ALSO DREW LARGE NUMBERS, WITH AN INCREASE OF SIXTY-EIGHT PERCENT OVER LAST YEAR. CONTINUING EFFORTS TO ENGAGE NEW AND DIVERSE YOUTH AUDIENCES WERE AGAIN MANIFESTED IN TWO LARGE-SCALE TEENS TAKE THE MET! EVENTS, WHICH INVOLVED MORE THAN FIFTY ORGANIZATIONAL PARTNERS THAT PRESENTED A WIDE VARIETY OF ACTIVITIES: ART MAKING, MUSIC, GALLERY EXPERIENCES, INTERPRETIVE PROGRAMMING, 3-D PRINTING, DANCE CLASSES, AND MORE. THIS YEAR ALMOST EIGHT THOUSAND TEENS-THIRTY PERCENT OF WHOM HAD NEVER VISITED BEFORE-MADE THE MUSEUM THEIRS. THE MET REMAINS AN INVALUABLE RESOURCE FOR K12 TEACHERS AND THEIR STUDENTS. IN FISCAL YEAR 2016, A TOTAL OF 220,796 PEOPLE PARTICIPATED IN 6,325 GUIDED AND SELF-GUIDED SCHOOL GROUP VISITS, WHILE A TOTAL OF 3,812 TEACHERS AND SCHOOL LEADERS TOOK PART IN PROGRAMS ON INTEGRATING ART INTO CLASSROOM TEACHING. |
| PART III (CONTINUED) | DIGITAL OUR DIGITAL PRESENCE IS AN INTEGRAL PART OF OUR WORK, AND THE GROUNDBREAKING RESOURCES IN OUR "FOURTH SPACE"-THE DIGITAL REALM-ATTRACTED GREATER NUMBERS THAN EVER BEFORE. THE MUSEUM'S WEB-SITE ENDED FISCAL YEAR 2016 WITH A TOTAL OF 32.5 MILLION VISITS, AND THE MET APP, WHICH LAUNCHED IN SEPTEMBER 2014, WAS USED NEARLY 1.9 MILLION TIMES IN ITS FIRST TWENTY-ONE MONTHS. COINCIDING WITH THE OPENING OF THE MET BREUER IN MARCH 2016, THE MUSEUM REFRESHED AND UPGRADED ITS WEBSITE AND APP, INTRODUCING NEW FEATURES AND ENHANCEMENTS THAT CREATE A MORE INTUITIVE ONLINE RESOURCE AND EXPERIENCE FOR VISITORS, BOTH REMOTELY AND WITHIN THE BUILDING. WITH HALF A MILLION PAGES ENCOMPASSING THE MUSEUMS VAST COLLECTION, HUNDREDS OF THOUSANDS OF IMAGES AVAILABLE FOR DOWNLOAD, AND THOUSANDS OF BLOG POSTS AND VIDEOS, THE WEBSITE PROVIDES NUMEROUS WAYS TO INTERACT WITH THE MET AND CURRENTLY RECEIVES ABOUT 33 MILLION VISITS PER YEAR. ONE OF ITS MOST POPULAR FEATURES, THE ONLINE PUBLICATION "HEILBRUN TIMELINE OF ART HISTORY," CONTINUED TO EXPAND IN FISCAL YEAR 2016, AND DREW THIRTY-FIVE PERCENT OF THE WEBSITE'S TOTAL USERS. ANOTHER DIGITAL ACHIEVEMENT, "THE ARTIST PROJECT," THE MUSEUM'S ONLINE SERIES IN WHICH 120 CONTEMPORARY ARTISTS RESPOND TO WORKS OF ART OR GALLERIES AT THE MUSEUM THAT SPARKED THEIR IMAGINATIONS, WAS COMPLETED IN JUNE 2016. THE NEW ONLINE FEATURE "#METKIDS" LAUNCHED IN SEPTEMBER 2016. DEVELOPED FOR SEVEN- TO TWELVE-YEAR-OLDS, IT CONNECTS USERS TO ART AND THE MUSEUMS COLLECTION THROUGH MULTIMEDIA CONTENT, FUN FACTS, PROJECT IDEAS, AND MORE. A COLLABORATION AMONG OUR EDUCATORS, CURATORS, CONSERVATORS, AND RESEARCHERS AND CHILDREN FROM ALL OVER THE WORLD, "#METKIDS" WON SEVERAL AWARDS IN FISCAL YEAR 2016, THE MUSEUMS FACEBOOK PAGE ENDED FISCAL YEAR 2016 WITH MORE THAN 1.7 MILLION FOLLOWERS (WITH A REACH OF 243 MILLION PEOPLE), AND OUR TWITTER FEED REACHED 1.5 MILLION FOLLOWERS (WITH TWEETS RECEIVING 173 MILLION IMPRESSIONS). THE METS WEBBY AWARDWINNING INSTAGRAM ACCOUNT HAD 1.4 MILLION FOLLOWERS AT THE END OF THE FISCAL YEAR. THE MUSEUMS DIGITAL AUDIENCE IS INCREASINGLY GLOBAL. IN FISCAL YEAR 2016, THIRTY-FOUR PERCENT OF WEBSITE USERS WERE INTERNATIONAL, AS WERE HIGH PERCENTAGES OF FOLLOWERS ON OUR SOCIAL MEDIA PLATFORMS-SIXTY-ONE PERCENT ON INSTAGRAM, FIFTY-THREE PERCENT ON TWITTER, AND SIXTY-NINE PERCENT ON FACEBOOK. THE MUSEUM ALSO HAS A PRESENCE ON TWO OF CHINAS LARGEST SOCIAL MEDIA NETWORKS: ITS WEIBO ACCOUNT LAUNCHED IN DECEMBER 2013 AND HAD 10 MILLION IMPRESSIONS THROUGH THE END OF FISCAL YEAR 2016, AND ITS WECHAT ACCOUNT LAUNCHED IN APRIL 2016. |
| PART III (CONTINUED) | CAPITAL PROJECTS OUR PLANS TO DEVELOP THE SOUTHWEST WING WITH DAVID CHIPPERFIELD ARCHITECTS CONTINUE. FUNDRAISING FOR THIS PROJECT IS ONGOING, AND THE SCHEMATIC DESIGN PHASE IS EXPECTED TO BE COMPLETED IN JANUARY 2017. ON JULY 1, AFTER A YEAR OF RENOVATION, WE REOPENED TWO GALLERIES DEDICATED TO PTOLEMAIC ART, WORKS CREATED IN EGYPT BETWEEN 332 AND 30 B.C. IN THE SPRING, THE DEPARTMENT OF MUSICAL INSTRUMENTS BEGAN A YEAR-LONG REFRESHING OF ITS GALLERIES, WHICH ARE EXPECTED TO REOPEN IN SPRING 2017, AND IN MAY WE ANNOUNCED AN AMBITIOUS PROJECT TO RENOVATE TEN GALLERIES, INCLUDING THREE HISTORIC INTERIORS, DEVOTED TO BRITISH DECORATIVE ARTS AND SCULPTURE OF THE EARLY SIXTEENTH THROUGH THE NINETEENTH CENTURY. EXPECTED TO TAKE TWO YEARS BEGINNING THIS FALL, THE RENOVATION WILL RESULT IN A MORE NUANCED STORY OF THE HISTORY OF BRITISH DESIGN. THE YEARS ACCOMPLISHMENTS REFLECT OUR RESPONSIBILITY AS WE MOVE FORWARD: TO TRANSFORM AND EXPAND ACCESS TO OUR COLLECTION AND EXPERTISE IN ORDER TO CONNECT A GLOBAL COMMUNITY TO ART, INSPIRATION, AND HISTORICAL PERSPECTIVE. AS WE APPROACH OUR 150TH ANNIVERSARY, WE LOOK FORWARD TO CREATING PROGRAMS THAT ALLOW THE MAGNIFICENCE OF THE METROPOLITAN MUSEUM OF ART TO SHINE. |
| PART VI, LINE 1A | GOVERNING BODY DELEGATED AUTHORITY IN ACCORDANCE WITH THE MUSEUM'S BY-LAWS, THE EXECUTIVE COMMITTEE HAS THE RIGHT TO EXERCISE ALL THE POWERS OF THE BOARD OF TRUSTEES DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES OTHER THAN THE POWERS TO (A) FILL VACANCIES IN THE BOARD OF TRUSTEES OR IN ANY COMMITTEE; (B) AMEND OR REPEAL THE BY-LAWS OR ADOPT NEW BY-LAWS; AND (C) AMEND OR REPEAL ANY RESOLUTION OF THE BOARD OF TRUSTEES WHICH BY ITS TERMS SHALL NOT BE SO AMENDABLE OR REPEALABLE. |
| PART VI, LINE 2 | TWO TRUSTEES OF THE MUSEUM, HAMILTON E. JAMES AND J. TOMILSON HILL, HAVE A BUSINESS RELATIONSHIP. BOTH ARE OFFICERS OF THE BLACKSTONE GROUP. |
| PART VI, LINE 6 | THE MUSEUM DOES NOT HAVE "MEMBERS" AS SUCH TERM IS DEFINED IN THE INSTRUCTIONS TO FORM 990. HOWEVER, THE MUSEUM USES THE TERM "MEMBERS" IN CONNECTION WITH DUES, FEES, GOODS, BENEFITS, PRIVILEGES AND SERVICES AS ESTABLISHED BY THE MUSEUM FROM TIME TO TIME. |
| PART VI, LINE 11B | PROCESS THE ORGANIZATION USES TO REVIEW THE FORM 990 THE MUSEUM'S FORM 990, INCLUDING REQUIRED SCHEDULES AND SUPPORTING DOCUMENTATION, IS INITIALLY COMPILED BY THE MUSEUM'S FINANCE DEPARTMENT PRIMARILY RELYING ON THE MUSEUM'S GENERAL LEDGER, AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL SYSTEMS. THE MUSEUM'S CHIEF FINANCIAL OFFICER, GENERAL COUNSEL, AND EXTERNAL TAX ADVISORS PARTICIPATE IN A SERIES OF DETAILED REVIEWS OF THE FORM 990. THE FORM 990 IS ALSO REVIEWED BY THE MUSEUM'S SENIOR MANAGEMENT, INCLUDING THE MUSEUM'S DIRECTOR AND PRESIDENT, THE AUDIT COMMITTEE OF THE MUSEUM'S BOARD OF TRUSTEES, AND EXTERNAL LEGAL COUNSEL. A COMPLETE COPY IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. THE MUSEUM'S EXTERNAL TAX ADVISORS FILE THE FORM 990 ELECTRONICALLY WITH THE INTERNAL REVENUE SERVICE. |
| PART VI, LINE 12C | THE MUSEUM REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY REQUIRING ONGOING DISCLOSURE OF POTENTIAL CONFLICTS, REVIEW OF SUCH DISCLOSURES, AND RECUSAL BY CONFLICTED INDIVIDUALS WHEN WARRANTED. SPECIFICALLY, ON AN ANNUAL BASIS, THE MUSEUM SEEKS TO ENSURE COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY SENDING RELEVANT WRITTEN POLICIES TO SENIOR STAFF, TRUSTEES AND ADVISORY MEMBERS OF COMMITTEES OF THE BOARD OF TRUSTEES. EACH POLICY IS SENT WITH A STATEMENT, WHICH MUST BE COMPLETED, SIGNED AND RETURNED TO THE MUSEUM'S GENERAL COUNSEL. THE STATEMENT REQUIRES EACH INDIVIDUAL TO CONFIRM THAT HE OR SHE HAS (I) RECEIVED A COPY OF THE POLICY, (II) READ AND UNDERSTOOD THE POLICY AND (III) AGREES TO COMPLY WITH THE POLICY. THE INDIVIDUAL IS ALSO ASKED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST THAT HE OR SHE OR A MEMBER OF HIS OR HER FAMILY, OR AN ENTITY IN WHICH ANY OF THEM HAVE A MATERIAL OWNERSHIP INTEREST, MAY HAVE. THE STATEMENTS ARE COMPLETED AND RETURNED TO THE GENERAL COUNSEL'S OFFICE. WHEN POTENTIAL CONFLICTS ARISE, THEY ARE INITIALLY EVALUATED BY THE GENERAL COUNSEL WITH THE ASSISTANCE OF OUTSIDE LEGAL COUNSEL IF NECESSARY. ACTUAL CONFLICTS OF INTEREST ARE RESOLVED IN CONSULTATION WITH THE MUSEUM'S DIRECTOR AND PRESIDENT (FOR STAFF) AND THE CHAIRMAN OF THE BOARD OF TRUSTEES AND THE LEGAL COMMITTEE OF THE MUSEUM'S BOARD (FOR TRUSTEES,INCLUDING THE DIRECTOR AND THE PRESIDENT). IF AN ACTUAL CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION. A SUMMARY OF THE POTENTIAL CONFLICTS OF INTEREST DISCLOSED BY THE TRUSTEES IS PRESENTED TO THE AUDIT COMMITTEE EACH YEAR. A SUMMARY OF THE POTENTIAL CONFLICTS OF INTEREST DISCLOSED BY SENIOR STAFF IS PRESENTED TO THE DIRECTOR AND PRESIDENT EACH YEAR. |
| PART VI, LINES 15A AND 15B | COMPENSATION REVIEW THE COMPENSATION COMMITTEE ("THE COMMITTEE") OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR OVERSIGHT OF COMPENSATION AND BENEFITS PROGRAMS FOR THE MUSEUM'S OFFICERS, AND FOR ENSURING THAT THE COMPENSATION POLICIES OF THE MUSEUM ARE CONSISTENT WITH AND IN SUPPORT OF THE MUSEUM'S MISSION, VALUES AND LONG-TERM GOALS. THE INTENT OF THE COMMITTEE IS TO PROVIDE A TOTAL COMPENSATION PROGRAM FOR THE OFFICERS THAT PROMOTES THE MUSEUM'S LONG-TERM OBJECTIVES, AND IS REASONABLE, APPROPRIATE AND FAIR. ANNUALLY, AN INDEPENDENT COMPENSATION CONSULTANT AND THE COMMITTEE REVIEWS THE TOTAL COMPENSATION OF EACH OFFICER OF THE MUSEUM. THE INDEPENDENT COMPENSATION CONSULTANT MAKES RECOMMENDATIONS WITH RESPECT TO THE TOTAL COMPENSATION OF EACH OFFICER, AND THE COMMITTEE APPROVES THE COMPENSATION. COMPENSATION DECISIONS ARE MADE WITH REFERENCE TO COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE ROLES AT SIMILARLY SITUATED ORGANIZATIONS PRESENTED BY THE INDEPENDENT COMPENSATION CONSULTANT. THE INDEPENDENT COMPENSATION CONSULTANT AND THE COMMITTEE ALSO CONSIDER OTHER RELEVANT FACTORS IN DETERMINING COMPENSATION, INCLUDING THE MUSEUM'S MISSION AND GOALS, THE PERFORMANCE OF EACH OFFICER, AND THE MARKET FOR EXECUTIVE TALENT. THE COMMITTEE COMPLIES WITH THE "REBUTTABLE PRESUMPTION" PROCEDURES FOR DETERMINING THAT COMPENSATION IS REASONABLE UNDER INTERNAL REVENUE CODE SECTION 4958. DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARRANGEMENTS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MEETING MINUTES. |
| PART VI, LINE 19 | PUBLIC AVAILABILITY THE MUSEUM'S AUDITED FINANCIAL STATEMENTS ARE INCLUDED IN THE MUSEUM'S ANNUAL REPORT, WHICH IS MADE AVAILABLE TO THE PUBLIC ON THE MUSEUM'S WEBSITE. THE MUSEUM MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. |
| PART XI, LINE 9 | OTHER CHANGES IN NET ASSETS OR FUND BALANCES INCLUDES THE FOLLOWING: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS (163,729) UNREALIZED GAINS ON 2015 BOND PROCEED (3,777,094) NET RECLASSIFICATIONS, FEES, AND OTHER (94,999) PENSION - RELATED CHANGES OTHER THAN NPPC (51,089,731) CHANGE IN FAIR VALUE OF INTEREST RATE EXCHANGE AGREEMENTS (16,491,674) PARTNERSHIP UBIT 9,486,366 ---------------- TOTAL (62,130,861) |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE TRUSTS (13) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | TRUST | PrimaryActivitiesTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | TRUST | EntityTypeTxt |
| Controlled Organization | false | ControlledOrganizationInd |