NORTH CAROLINA MUSEUM OF ART FOUNDATION INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- NORTH CAROLINA MUSEUM OF ART FOUNDATION INC (EIN 23-7071511)
- Tax period
- 2013-07-01 to 2014-06-30
- Filed
- 2015-02-13
- IRS object ID
- 201520449349301842
- Schema version
- 2013v4.0
- 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 G
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-02-13T13:24:37-06:00 | ReturnTs |
| Tax Period End | 2014-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BATCHELOR TILLERY & ROBERTS LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3605 GLENWOOD AVENUE SUITE 350 | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27612 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237071511 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTH CAROLINA MUSEUM OF ART FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CATERRI M WOODRUM | InCareOfNm |
| Business Name Control | NORT | BusinessNameControlTxt |
| Phone | 9198396262 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4630 MAIL SERVICE CENTER | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 276994630 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CATERRI M WOODRUM | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 9196646753 | PhoneNum |
| Signature | 2015-02-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Ronald A Batchelor | PreparerPersonNm |
| PTIN | P00077863 | PTIN |
| Phone | 9196646753 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CATERRI M WOODRUM | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2110 BLUE RIDGE ROAD | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 27607 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $25,400,814 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.NCARTMUSEUM.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1969 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | TO FOSTER AND PROMOTE THE GROWTH, PROGRESS AND GENERAL WELFARE OF THE NORTH CAROLINA MUSEUM OF ART. | ActivityOrMissionDesc |
| Voting Members Governing Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 203 | TotalEmployeeCnt |
| Total Volunteers | 534 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $15,243,389 | PYContributionsGrantsAmt |
| CY Contributions Grants | $14,455,534 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,031,159 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,567,257 | CYProgramServiceRevenueAmt |
| PY Investment Income | $919,692 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,329,976 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$26,184 | PYOtherRevenueAmt |
| CY Other Revenue | $289,817 | CYOtherRevenueAmt |
| PY Total Revenue | $19,168,056 | PYTotalRevenueAmt |
| CY Total Revenue | $20,642,584 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,298,942 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,967,410 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $36,997 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $29,068 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,371,475 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $6,215,576 | PYOtherExpensesAmt |
| CY Other Expenses | $7,024,935 | CYOtherExpensesAmt |
| PY Total Expenses | $10,551,515 | PYTotalExpensesAmt |
| CY Total Expenses | $12,021,413 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $8,616,541 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $8,621,171 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $43,912,912 | TotalAssetsBOYAmt |
| Total Assets EOY | $54,521,321 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,740,276 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $7,246,017 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $35,172,636 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $47,275,304 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE NORTH CAROLINA MUSEUM OF ART FOUNDATION INC.'S PRIMARY MISSION IS TO FOSTER AND PROMOTE THE GROWTH, PROGRESS, AND GENERAL WELFARE OF THE NORTH CAROLINA MUSEUM OF ART. THE FOUNDATION IS PRIMARILY RESPONSIBLE FOR FUNDRAISING ON BEHALF OF THE MUSEUM AND 70% OF THE FUNDING REQUIRED TO OPERATE AND PROGRAM THE COMBINED (STATE AND FOUNDATION) ENTITY. IN ADDITION TO BEING THE PRIMARY FUNDRAISING ARM OF THE MUSEUM, THE FOUNDATION ALSO MANAGES A SIGNIFICANT MEMBERSHIP BASE FOR THE MUSEUM, AND OPERATES BOTH A RETAIL SHOP AND A FOOD SERVICE OPERATION FOR THE BENEFIT OF THE MUSEUM'S MEMBERS AND VISITORS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $7,663,701 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $4,567,257 | RevenueAmt |
| Desc | The Museum of Art is partially supported by state appropriations that largely fund state staff positions and their related benefits, and a small portion of the operating costs of running the Museum. The North Carolina Museum of Art Foundation, Inc. provides the majority of financial support needed for education and curatorial programming of the Museum of Art including support for statewide and museum-based education programming, special traveling art exhibitions, supplemental art conservation funds, and public programming to include summer concerts and a year-round film series. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,487,211 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | The North Carolina Museum of Art Foundation, Inc. provides additional support to the Museum of Art by cultivating donors for commissioned works of art and contributions for art acquisitions. All art purchased or commissioned is gifted by the Foundation to the North Carolina Museum of Art. A large majority of the artwork added to the State's art collection is gifted by the Foundation. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $9,150,912 | 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 | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | Yes (true) | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | 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 | false | 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 | false | 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 | 164 | IRPDocumentCnt |
| IRP Document W2 G | 2 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 203 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| 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 | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | 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 |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CATERRI M WOODRUM | PersonNm |
| Phone | 9198396262 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4630 MAIL SERVICE CENTER | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 276994630 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| JEFFREY T BARBER | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| JAMES B BLACK III | |||||||
| VICE-PRESIDENT | 0.88 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| DAVID BRODY | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| LOUIS W CHERRY | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| MARION L JOHNSON CHURCH | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN CIAVERELLA | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPHINE R DARDEN | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| JOE DAVY | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| CLAY R DUNNAGAN | |||||||
| PRESIDENT | 0.88 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| RODNEY E GADDY | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| JOAN H GILLINGS | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| ANN B GOODNIGHT | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM T HOBBS II | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| BARRY LEFFLER | |||||||
| SECRETARY | 0.88 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| STEVEN C LILLY | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD L MCNEEL | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| MIKE MORTIMER | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| L RICHARDSON PREYER JR | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| GRACE I ROBBINS | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| LARRY E ROBBINS | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL SANDMAN | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| KIM D SAUNDERS | |||||||
| TREASURER | 0.88 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| BING SIZEMORE | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| AARON SPENCER | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER R WEBSTER JR | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| CAROLE WILSON | |||||||
| BOARD DIRECTOR | 0.88 | Yes (X) | $0 | $0 | $0 | ||
| LAWRENCE J WHEELER | |||||||
| MUSEUM DIRECTOR | 55.0 | $181,577 | $300,701 | $48,957 | Yes (X) | ||
| CATERRI M WOODRUM | |||||||
| CHIEF DEPUTY DIRECTOR & CFO | 60.0 | $241,874 | $0 | $31,643 | Yes (X) | ||
| ELLEN D STONE | |||||||
| DIRECTOR DEVELOP. & MEMBERSHIP | 40.0 | $148,932 | $0 | $25,960 | Yes (X) | ||
| DANIEL P GOTTLIEB | |||||||
| DIRECTOR - PLANNING & DESIGN | 40.0 | $136,606 | $0 | $27,799 | Yes (X) | ||
| KATHRYN F YANDELL | |||||||
| MAJOR GIFTS OFFICER/CAMPGN DIR | 40.0 | $111,274 | $0 | $18,198 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $820,263 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $300,701 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $152,557 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NONE | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Address | ContractorAddress |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Membership Dues | $1,752,875 | MembershipDuesAmt |
| Fundraising | $5,000 | FundraisingAmt |
| Government Grants | $999,996 | GovernmentGrantsAmt |
| All Other Contributions | $11,697,663 | AllOtherContributionsAmt |
| Noncash Contributions | $1,575,976 | NoncashContributionsAmt |
| Total Contributions | $14,455,534 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| PROGRAM FEES | 900099 | $1,815,328 | $1,815,328 | |
| MUSEUM SHOP SALES | 453220 | $767,070 | $767,070 | |
| CAFE SALES | 722100 | $1,953,746 | $1,953,746 | |
| OTHER OPERATING REVENUE | 900099 | $31,113 | $31,113 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,567,257 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $859,386 | TotalRevenueColumnAmt |
| Exclusion | $859,386 | 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 | $2,832 | TotalRevenueColumnAmt |
| Exclusion | $2,832 | 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 | $5,036,070 | SecuritiesAmt |
| Other | $3,025 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,568,505 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $467,565 | SecuritiesAmt |
| Other | $3,025 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $470,590 | TotalRevenueColumnAmt |
| Exclusion | $470,590 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $26,710 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $5,000 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $47,687 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$20,977 | TotalRevenueColumnAmt |
| Exclusion | -$20,977 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $450,000 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $142,038 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $307,962 | TotalRevenueColumnAmt |
| Exclusion | $307,962 | ExclusionAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,642,584 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,582,398 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $3,604,652 | 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 | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
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 | $731,831 | TotalAmt |
| Program Services | $168,642 | ProgramServicesAmt |
| Management And General | $283,166 | ManagementAndGeneralAmt |
| Fundraising | $280,023 | 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 | $3,462,119 | TotalAmt |
| Program Services | $2,205,423 | ProgramServicesAmt |
| Management And General | $549,240 | ManagementAndGeneralAmt |
| Fundraising | $707,456 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $143,393 | TotalAmt |
| Program Services | $79,706 | ProgramServicesAmt |
| Management And General | $14,112 | ManagementAndGeneralAmt |
| Fundraising | $49,575 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $323,102 | TotalAmt |
| Program Services | $202,575 | ProgramServicesAmt |
| Management And General | $50,833 | ManagementAndGeneralAmt |
| Fundraising | $69,694 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $306,965 | TotalAmt |
| Program Services | $192,319 | ProgramServicesAmt |
| Management And General | $60,922 | ManagementAndGeneralAmt |
| Fundraising | $53,724 | 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 | $36,982 | TotalAmt |
| Program Services | $3,364 | ProgramServicesAmt |
| Management And General | $33,618 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,975 | TotalAmt |
| Program Services | $1,975 | ProgramServicesAmt |
| Management And General | $33,000 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,504 | TotalAmt |
| Management And General | $48,504 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,068 | TotalAmt |
| Fundraising | $29,068 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,241 | TotalAmt |
| Program Services | $88,779 | ProgramServicesAmt |
| Management And General | $9,462 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,191,061 | TotalAmt |
| Program Services | $1,128,132 | ProgramServicesAmt |
| Management And General | $44,536 | ManagementAndGeneralAmt |
| Fundraising | $18,393 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $331,953 | TotalAmt |
| Program Services | $329,772 | ProgramServicesAmt |
| Management And General | $835 | ManagementAndGeneralAmt |
| Fundraising | $1,346 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,418,470 | TotalAmt |
| Program Services | $1,222,563 | ProgramServicesAmt |
| Management And General | $85,062 | ManagementAndGeneralAmt |
| Fundraising | $110,845 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,951 | TotalAmt |
| Program Services | $44,348 | ProgramServicesAmt |
| Management And General | $26,373 | ManagementAndGeneralAmt |
| Fundraising | $26,230 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,241 | TotalAmt |
| Program Services | $85,159 | ProgramServicesAmt |
| Management And General | $26,082 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $159,775 | TotalAmt |
| Program Services | $119,914 | ProgramServicesAmt |
| Management And General | $20,612 | ManagementAndGeneralAmt |
| Fundraising | $19,249 | 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 | $105,574 | TotalAmt |
| Program Services | $61,444 | ProgramServicesAmt |
| Management And General | $38,802 | ManagementAndGeneralAmt |
| Fundraising | $5,328 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,957 | TotalAmt |
| Program Services | $175,957 | ProgramServicesAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,725 | TotalAmt |
| Program Services | $13,338 | ProgramServicesAmt |
| Management And General | $95,387 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,805 | TotalAmt |
| Program Services | -$40 | ProgramServicesAmt |
| Management And General | $22,845 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| ART PURCHASES | $1,506,307 | $1,487,211 | $19,096 | |
| EARNED INCOME EXPENSE | $897,856 | $898,041 | -$185 | |
| LECTURE, WORKSHOP & ARTISTS | $470,356 | $469,791 | $565 | |
| PRODUCTION EXPENSES | $102,461 | $104,441 | -$2,490 | $510 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,741 | TotalAmt |
| Program Services | $68,058 | ProgramServicesAmt |
| Management And General | $38,649 | ManagementAndGeneralAmt |
| Fundraising | $34 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,021,413 | TotalAmt |
| Program Services | $9,150,912 | ProgramServicesAmt |
| Management And General | $1,499,026 | ManagementAndGeneralAmt |
| Fundraising | $1,371,475 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,005,989 | BOYAmt |
| EOY | $7,122,454 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,423,472 | BOYAmt |
| EOY | $1,142,586 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,417,312 | BOYAmt |
| EOY | $4,343,477 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,053,860 | BOYAmt |
| EOY | $1,052,522 | 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 | $245,514 | BOYAmt |
| EOY | $248,798 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $5,529,636 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $745,215 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,681,290 | BOYAmt |
| EOY | $4,784,421 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,079,462 | BOYAmt |
| EOY | $32,774,088 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $980,000 | 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 | $3,006,013 | BOYAmt |
| EOY | $2,072,975 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,912,912 | BOYAmt |
| EOY | $54,521,321 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,879,848 | BOYAmt |
| EOY | $4,228,489 | 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 | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,860,428 | BOYAmt |
| EOY | $3,017,528 | 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 | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,740,276 | BOYAmt |
| EOY | $7,246,017 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,852,858 | BOYAmt |
| EOY | $5,918,113 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,939,256 | BOYAmt |
| EOY | $15,559,901 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,380,522 | BOYAmt |
| EOY | $25,797,290 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,172,636 | BOYAmt |
| EOY | $47,275,304 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,912,912 | BOYAmt |
| EOY | $54,521,321 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $8,621,171 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,481,497 | NetUnrlzdGainsLossesInvstAmt |
| 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 | $8,364,809 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,267,880 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,426,338 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,243,393 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,455,534 | CurrentTaxYearAmt |
| Total | $49,757,954 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $999,996 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $999,996 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $999,996 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $999,996 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $999,996 | CurrentTaxYearAmt |
| Total | $4,999,980 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,364,805 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,267,876 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,426,334 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,243,389 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,455,530 | CurrentTaxYearAmt |
| Total | $54,757,934 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,490,093 | SubstantialContributorsTotAmt |
| Public Support Total170 | $49,267,841 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $494,626 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $562,235 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $732,540 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $793,544 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $862,218 | CurrentTaxYearAmt |
| Total | $3,445,163 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $58,203,097 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $19,092,606 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.84648 | PublicSupportCY170Pct |
| Public Support PY170 | 0.86718 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbyingGrp | |
| Total Direct Lobbying | TotalDirectLobbyingGrp | |
| Total Lobbying Expend | TotalLobbyingExpendGrp | |
| Other Exempt Purpose Expend | OtherExemptPurposeExpendGrp | |
| Total Exempt Purpose Expend | TotalExemptPurposeExpendGrp | |
| Lobbying Nontaxable Amount | LobbyingNontaxableAmountGrp | |
| Grassroots Nontaxable | GrassrootsNontaxableGrp | |
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp | |
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | false | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Grants Other Organizations | false | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $48,504 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | false | OtherActivitiesInd |
| Total Lobbying Expenditures | $48,504 | TotalLobbyingExpendituresAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE C, PART II-B, LINE 1G | FormAndLineReferenceDesc |
| Explanation | LOBBYING ACTIVITY EXPLANATION: DURING THE FISCAL YEAR ENDED 6/30/2014, $48,504 WAS PAID TO THE LAW FIRM OF SMITH, ANDERSON, BLOUNT, DORSETT, MITCHELL & JERNIGAN, LLP FOR LOBBYING ASSISTANCE IN SEEKING ADDITIONAL STATE AND LOCAL SUPPORT FOR THE NORTH CAROLINA MUSEUM OF ART. ACTIVITIES INCLUDED MEETING WITH AND CONTACTING GOVERNMENT OFFICIALS AND LEGISLATORS. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $28,735,823 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $4,683,064 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $315,558 | OtherExpendituresAmt |
| Administrative Expenses | $98,241 | AdministrativeExpensesAmt |
| End Year Balance | $33,005,088 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $21,801,882 | BeginningYearBalanceAmt |
| Contributions | $4,420,890 | ContributionsAmt |
| Investment Earnings Or Losses | $2,597,244 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $84,193 | AdministrativeExpensesAmt |
| End Year Balance | $28,735,823 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $20,338,889 | BeginningYearBalanceAmt |
| Contributions | $1,653,577 | ContributionsAmt |
| Investment Earnings Or Losses | -$126,098 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $64,486 | AdministrativeExpensesAmt |
| End Year Balance | $21,801,882 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $16,140,753 | BeginningYearBalanceAmt |
| Contributions | $233,065 | ContributionsAmt |
| Investment Earnings Or Losses | $4,024,665 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $59,594 | AdministrativeExpensesAmt |
| End Year Balance | $20,338,889 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $12,259,509 | BeginningYearBalanceAmt |
| Contributions | $1,972,244 | ContributionsAmt |
| Investment Earnings Or Losses | $1,956,205 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $47,205 | AdministrativeExpensesAmt |
| End Year Balance | $16,140,753 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.72358 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.27642 | 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 | $4,530,000 | OtherCostOrOtherBasisAmt |
| Book Value | $4,530,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Buildings | BuildingsGrp | |
| Leasehold Improvements | LeaseholdImprovementsGrp |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $999,636 | OtherCostOrOtherBasisAmt |
| Depreciation | $745,215 | DepreciationAmt |
| Book Value | $254,421 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $4,784,421 | TotalBookValueLandBuildingsAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $24,617,526 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,481,497 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $303,720 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $189,725 | OtherRevenueAmt |
| Revenue Not Reported | $3,974,942 | RevenueNotReportedAmt |
| Revenue Subtotal | $20,642,584 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $20,642,584 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $12,514,858 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $303,720 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $189,725 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $493,445 | ExpensesNotReportedAmt |
| Expenses Subtotal | $12,021,413 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $12,021,413 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART V, LINE 4 | INTENDED USES OF ENDOWMENT FUNDS: The Foundation has adopted investment and spending policies for endowment assets that attempt to provide a predictable stream of funding to programs supported by its endowment. The investment policy was developed with the long-term interests of the endowment in mind and adheres to accepted investment and financial management principles. The investment policy is designed to ensure prudent management of the assets in order to serve the best long-term interests of the Foundation. The Foundation expects its endowment funds, over time, to provide a total real rate of return of 5%, net of fees, over a three-year rolling average. Actual returns in any given year may vary from this amount. |
| SCHEDULE D, PART XI, LINE 2D | RECONCILIATION OF REVENUE - OTHER DIFFERENCES: $47,687 FUNDRAISING EXPENSES + $142,038 RAFFLE EXPENSES INCLUDED IN FINANCIAL STATEMENT EXPENSES |
| SCHEDULE D, PART XII, LINE 2D | RECONCILIATION OF EXPENSES - OTHER DIFFERENCES: $47,687 FUNDRAISING EXPENSES + $142,038 RAFFLE EXPENSES INCLUDED IN FINANCIAL STATEMENT EXPENSES |
| SCHEDULE D, PART X, LINE 2 | UNCERTAIN TAX POSTIONS UNDER FIN 48 (ASC 740): MANAGEMENT OF THE FOUNDATION DOES NOT BELIEVE THE FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. TAX YEARS ENDED JUNE 30, 2011 THROUGH JUNE 30, 2014 REMAIN OPEN FOR EXAMINATION BY TAXING AUTHORITIES AS OF THE DATE OF THIS REPORT. |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAROL O'BRIEN ASSOCIATES | PersonNm |
| Activity | CAP CAMPGN CONSULTING | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Retained By Contractor | $36,156 | RetainedByContractorAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $36,156 | TotalRetainedByContractorsAmt |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | ART AUCTION | NameOfEvent1Amt |
| Gross Receipts Event1 | $8,460 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $5,000 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $3,460 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $1,444 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $8,663 | OtherDirectExpensesEvent1Amt |
| Name Of Event2 | PURIM EVENT | NameOfEvent2Amt |
| Gross Receipts Event2 | $5,693 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $5,693 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $12,834 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $1,500 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 0 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $0 | GrossReceiptsOtherEventsAmt |
| Gross Revenue Other Events | $0 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $14,153 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $5,000 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $9,153 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $1,444 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $12,834 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $10,163 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $24,441 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$15,288 | NetIncomeSummaryAmt |
Gaming Information GamingInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | $450,000 | GrossRevenueOtherGamingAmt |
| Non Cash Prizes Other Gaming | $142,038 | NonCashPrizesOtherGamingAmt |
| Gross Revenue Total Gaming | $450,000 | GrossRevenueTotalGamingAmt |
| Non Cash Prizes Total Gaming | $142,038 | NonCashPrizesTotalGamingAmt |
| Direct Expense Summary Gaming | $142,038 | DirectExpenseSummaryGamingAmt |
| Net Gaming Income Summary | $307,962 | NetGamingIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | NC | StatesWhereGamingConductedCd |
| Licensed | false | LicensedInd |
| Explanation If No | THE NC MUSEUM OF ART FOUNDATION IS A NONPROFIT ORGANIZATION RECOGNIZED IN NC UNDER G.S. 105-130.11(A). THE ORGANIZATION CONDUCTED RAFFLES IN DECEMBER 2013 AND FEBRUARY 2014 IN ACCORDANCE WITH NC G.S. 14-309.15, AND IS NOT REQUIRED TO OBTAIN A GAMING LICENSE. | ExplanationIfNoTxt |
| Gaming With Nonmembers | Yes (true) | GamingWithNonmembersInd |
| Member Of Other Entity | false | MemberOfOtherEntityInd |
| Gaming Own Facility | 1.00000 | GamingOwnFacilityPct |
| Gaming Other Facility | 0.00000 | GamingOtherFacilityPct |
| Individual With Books | CATERRI M WOODRUM | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4630 MAIL SERVICE CENTER | AddressLine1 |
| City | RALEIGH | City |
| State | NC | State |
| ZIP Code | 276994630 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct With3rd Prty For Game Rev | false | CntrctWith3rdPrtyForGameRevInd |
| Charitable Distribution Rqr | false | CharitableDistributionRqrInd |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| 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 | false | 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 | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LAWRENCE J WHEELER | ||||||||||||||
| MUSEUM DIRECTOR | $0 | $300,701 | $161,577 | $0 | $20,000 | $0 | $26,587 | $17,178 | $3,154 | $2,038 | $211,318 | $319,917 | $0 | $0 |
| CATERRI M WOODRUM | ||||||||||||||
| CHIEF DEPUTY DIRECTOR & CFO | $230,795 | $0 | $10,000 | $0 | $1,079 | $0 | $19,686 | $0 | $13,155 | $0 | $274,715 | $0 | $0 | $0 |
| ELLEN D STONE | ||||||||||||||
| DIRECTOR DEVELOP. & MEMBERSHIP | $146,904 | $0 | $0 | $0 | $2,028 | $0 | $12,262 | $0 | $14,896 | $0 | $176,090 | $0 | $0 | $0 |
| DANIEL P GOTTLIEB | ||||||||||||||
| DIRECTOR - PLANNING & DESIGN | $135,293 | $0 | $0 | $0 | $1,313 | $0 | $11,556 | $0 | $17,441 | $0 | $165,603 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART II | FormAndLineReferenceDesc |
| Explanation | COMPENSATION INFORMATION: Dr. Lawrence J. Wheeler is the Director of the North Carolina Museum of Art, a state entity organized under the Department of Cultural Resources. The North Carolina Museum of Art Foundation, Inc. is a non-profit organization in support of the state museum. Given the common goals of these two organizations, Dr. Wheeler exercises significant influence relative to both entities and his primary compensation through the State of North Carolina is supplemented significantly by the North Carolina Museum of Art Foundation, Inc. (67%). In addition to salary supplements, the Foundation maintains a consulting agreement with Dr. Wheeler which provides additional compensation in exchange for his expertise and involvement in various fundraising activities, particularly as they relate to the cultivation and solicitation of collectors and donors. The most recent consulting agreement commenced on July 1, 2010 and is for a five year period ending June 30, 2015. Under this agreement, Dr. Wheeler receives annual consulting fees, certain bonus payments paid at the discretion of the Foundation Board, and the services of a third party financial planning consultant paid by the Foundation. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WAKE CO INDUSTR FACIL & POLLUT CONTROL FINAN AUTH | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 561352483 | BondIssuerEIN |
| Bond Issued | 2008-01-24 | BondIssuedDt |
| Issue Price | $7,176,605 | IssuePriceAmt |
| Purpose | NC MUSEUM OF ART EXPANSION PROJECT | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $4,159,077 | RetiredAmt |
| Bond Defeased | $0 | BondDefeasedAmt |
| Total Proceeds | $7,176,605 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $0 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $50,000 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $7,126,605 | CapitalExpendituresAmt |
| Other Spent Proceeds | $0 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Current Refunding | false | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | false | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | false | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | false | ProceduresCorrectiveActionInd |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $150,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp | |
| Art Fractional Interest | ArtFractionalInterestGrp | |
| 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 | 25 | ContributionCnt |
| Noncash Contributions Rpt F990 | $549,724 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | STOCK QUOTE | 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 | $830,000 | 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 |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | EQUIPMENT | 1 | $44,000 | FAIR MARKET VALUE |
| Yes (X) | SUPPLIES | 2 | $2,252 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI - SECTION B, LINE 11B | FORM 990 REVIEW PROCESS: The NCMA Foundation's governance includes an Audit Committee operating under a formal charter. The Audit Committee serves as an independent and objective party to monitor the Foundation's financial and compliance reporting process including oversight of the 990 tax filing as well as its internal control system. The Audit Committee meets with external auditors and Foundation management to review the results of the annual audit and related financial statements and reviews the full 990 tax filing prior to its submission. A copy of the 990 tax filing is made available to the full board for comment before filing. The 990 is also reviewed by chief legal counsel. |
| FORM 990, PART VI - SECTION B, LINE 12C | MONITORING CONFLICTS OF INTEREST: The Audit Committee also serves as the ethics committee for the Foundation, overseeing the whistleblower, records retention, conflicts of interest and confidentiality policies. The Audit Committee Chairman is the independent party to which employees and board members may report any ethics concerns or possible conflicts of interest. The Committee meets at least twice per year and more often as necessary. Potential conflicts of interest are reviewed with the Foundation's Chief Deputy Director and Chief Financial Officer as needed for resolution. An annual acknowledgement process occurs with all board members and staff whereby they formally certify receipt of all governance policies and agreement to comply with them. |
| FORM 990, PART VI - SECTION B, LINE 15 | PROCESS FOR DETERMINING COMPENSATION: The Personnel Committee of the Board of Directors has the primary governing responsibility of overseeing human resource matters and also works in conjunction with the Finance Committee as it relates to any financial impact of decisions taken. The Personnel Committee serves as an independent and objective party to monitor the Foundation's personnel, compensation, stipend and compliance processes as necessary. Their charter outlines specific responsibility for evaluating the performance of the Foundation's Chief employee (the Chief Deputy Director/ and Chief Financial Officer) and setting the senior employee's compensation level based on the results of this evaluation. The Museum Director is a state employee whose compensation is supplemented by the Foundation. The Director also has a consulting agreement with the Foundation under which he receives certain additional compensation upon Board discretion. The Personnel Committee's charter also outlines specific responsibility for evaluating the Museum Director's performance under this agreement and making recommendations to the full board with respect to compensation. To ensure any compensation recommendations are reasonable, the Personnel Committee meets and discusses annually the performance of both the Museum Director and the Foundation's Chief employee based upon specific goals and accomplishments outlined for the year. The Committee reviews the latest American Association of Museum's (AAM) annual salary survey as a basis for comparison of compensation reasonableness. The AAM survey provides benchmark data of US Museums by geographic area, population, and budget size for key museum positions. Final recommendations are submitted to the full board for approval and inclusion in the Foundation's operating budget. |
| FORM 990, PART VI - SECTION C, LINE 19 | MAKING INFORMATION AVAILABLE TO THE PUBLIC: The Foundation's Articles of Incorporation are on file with the North Carolina Secretary of State and are publicly available. The Foundation's other governing documents, conflict of interest policies and financial statements are not generally made available to the general public except by specific request for purposes clearly identified and approved by the board. All Foundation employees have access to these documents on a shared intranet drive and independent contractors are provided with certain of these documents as appropriate to their legal relationship with the Foundation (example, conflicts of interest policy and sexual harassment policy) as specifically approved by the Board or as required for tax exempt organizations. The Foundation's latest 990 tax filing is posted on a public website, Guidestar. |
| FORM 990, PART X - LINE 13 | INVESTMENTS - PROGRAM RELATED: IN JANUARY 2014, THE FOUNDATION BECAME THE BENEFICIARY OF RESIDENTIAL REAL ESTATE AND ARTWORK HAVING A TOTAL APPRAISED VALUE OF $980,000. ON NOVEMBER 4, 2014, THE FOUNDATION ENTERED INTO A REAL ESTATE CONTRACT TO SELL THE RESIDENTIAL PROPERTY LOCATED IN SOUTHERN PINES WHICH HAD BEEN RECEIVED AS A BENEFICIARY OF THE ESTATE. THE PROPERTY, WHICH WAS VALUED IN MARCH 2014 AT $830,000, BASED ON AN INDEPENDENT APPRAISAL, LESS ESTIMATED SELLING COSTS, WAS SOLD TO AN UNRELATED BUYER FOR $729,000 ON JANUARY 5, 2015. THE LOSS ON THE SALE TOTALING $101,000 WILL BE RECORDED IN 2015. |
Comments