NEUE GALERIE NEW YORK: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
NEUE GALERIE NEW YORK (EIN 13-4047433)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-11-16
IRS object ID
201523209349100607
Schema version
2014v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2015-11-16T05:15:12-08:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Bencivenga Ward & Company CPAs PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1420 Columbus Avenue Suite 304AddressLine1Txt
CityValhallaCityNm
State AbbreviationNYStateAbbreviationCd
ZIP105951382ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN134047433EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE NEUE GALERIE NEW YORKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNEUEBusinessNameControlTxt
Phone2126286200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11048 FIFTH AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10028ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMAX JAHNPersonNm
Person TitleCFOPersonTitleTxt
Signature2015-11-16SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLeonard J Bencivenga CPAPreparerPersonNm
PTINP00116788PTIN
Phone9147695005PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$201,502,682FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$3,384,432ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$665,053DividendsRevAndExpnssAmt
Dividends Net Invst Incm$665,053DividendsNetInvstIncmAmt
Dividends Adj Net Incm$665,053DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$13,597NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$13,597GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$13,597CapGainNetIncmNetInvstIncmAmt
Gross Sales Less Ret And Allwnc$1,935,732GrossSalesLessRetAndAllwncAmt
Cost Of Goods Sold$900,796CostOfGoodsSoldAmt
Gross Profit Rev And Expnss$1,034,936GrossProfitRevAndExpnssAmt
Gross Profit Adj Net Incm$1,034,936GrossProfitAdjNetIncmAmt
Other Income Rev And Expnss$4,021,762OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm$4,021,762OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$9,119,780TotalRevAndExpnssAmt
Total Net Invst Incm$678,650TotalNetInvstIncmAmt
Total Adj Net Incm$5,721,751TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$570,723CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Adj Net Incm$57,072CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$513,651CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$3,022,880OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$15,114OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm$1,401,500OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$1,606,266OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$573,792PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$2,869PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Adj Net Incm$52,562PensionEmplBnftAdjNetIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$513,497PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$30,177LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$15,907LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$39,758AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$199AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$3,482AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$248,521OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$57,030OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$48,695OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$146,515OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$10,039TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss$184,020DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Adj Net Incm$50,264DeprecAndDpltnAdjNetIncmAmt
Trav Conf Meeting Rev And Expnss$170,878TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Adj Net Incm$27,399TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$136,795TravConfMeetingDsbrsChrtblAmt
Printing And Pub Dsbrs Chrtbl$8,984PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$4,511,026OtherExpensesRevAndExpnssAmt
Other Expenses Adj Net Incm$1,157,220OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$3,358,798OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$9,361,814TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$75,212TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$2,794,712TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$6,303,895TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$9,361,814TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$75,212TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$2,794,712TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$6,303,895TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$242,034ExcessRevenueOverExpensesAmt
Net Investment Income$603,438NetInvestmentIncomeAmt
Adjusted Net Income$2,927,039AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$345,064CashBOYAmt
Cash EOY$442,111CashEOYAmt
Cash EOYFMV$442,111CashEOYFMVAmt
Acct Rcvbl$707,446AcctRcvblAmt
Acct Rcvbl BOY$243,673AcctRcvblBOYAmt
Acct Rcvbl EOY$707,446AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$707,446AcctRcvblEOYFMVAmt
Inventories BOY$773,234InventoriesBOYAmt
Inventories EOY$775,432InventoriesEOYAmt
Inventories EOYFMV$775,432InventoriesEOYFMVAmt
Prepaid Expenses BOY$45,427PrepaidExpensesBOYAmt
Prepaid Expenses EOY$45,427PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$45,427PrepaidExpensesEOYFMVAmt
Corporate Stock BOY$24,708,678CorporateStockBOYAmt
Other Investments EOY$24,023,938OtherInvestmentsEOYAmt
Other Investments EOYFMV$24,023,938OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$6,918,575LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,903,275LandBldgEquipAccumDeprecAmt
Land BOY$4,212,985LandBOYAmt
Land EOY$4,015,300LandEOYAmt
Land EOYFMV$4,015,300LandEOYFMVAmt
Other Assets BOY$171,375,409OtherAssetsBOYAmt
Other Assets EOY$171,493,028OtherAssetsEOYAmt
Other Assets EOYFMV$171,493,028OtherAssetsEOYFMVAmt
Total Assets BOY$201,704,470TotalAssetsBOYAmt
Total Assets EOY$201,502,682TotalAssetsEOYAmt
Total Assets EOYFMV$201,502,682TotalAssetsEOYFMVAmt
Accounts Payable BOY$835,521AccountsPayableBOYAmt
Accounts Payable EOY$919,242AccountsPayableEOYAmt
Loans From Officers BOY$1,750,739LoansFromOfficersBOYAmt
Loans From Officers EOY$1,850,739LoansFromOfficersEOYAmt
Total Liabilities BOY$2,586,260TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,769,981TotalLiabilitiesEOYAmt
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind
Unrestricted BOY$176,713,357UnrestrictedBOYAmt
Unrestricted EOY$176,567,221UnrestrictedEOYAmt
Temporarily Restricted BOY$239,373TemporarilyRestrictedBOYAmt
Permanently Restricted BOY$22,165,480PermanentlyRestrictedBOYAmt
Permanently Restricted EOY$22,165,480PermanentlyRestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY$199,118,210TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$198,732,701TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$201,704,470TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$201,502,682TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$199,118,210TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$242,034ExcessRevenueOverExpensesAmt
Subtotal$198,876,176SubtotalAmt
Other Decreases$143,475OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$198,732,701TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$13,597CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$5,970,153AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$24,313,490NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.24555DistributionYr1Rt
Adjusted Qlfy Distri Yr2$5,586,244AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$5,344,993NetVlNoncharitableAssetsYr2Amt
Distribution Yr21.04514DistributionYr2Rt
Adjusted Qlfy Distri Yr3$5,407,840AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$11,246,795NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.48083DistributionYr3Rt
Adjusted Qlfy Distri Yr4$5,205,949AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$16,781,822NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.31021DistributionYr4Rt
Adjusted Qlfy Distri Yr5$5,711,846AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$22,579,627NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.25297DistributionYr5Rt
Total Distribution2.33470TotalDistributionRt
Average Distribution0.46694AverageDistributionRt
Net Vl Noncharitable Assets$24,307,167NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$11,349,989AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$6,034NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$11,356,023AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$6,333,395QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$12,069InvestmentIncomeExciseTaxAmt
Subtotal$12,069SubtotalAmt
Tax Based On Investment Income$12,069TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$11,831EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$11,831TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$3EsPenaltyAmt
Tax Due$241TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateNYOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website Addresswww.neuegalerie.orgWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1Max Jahn Finance DirectorBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2126286200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11048 Fifth AvenueAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10028ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnYes (true)SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnYes (true)BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Undistr Incm Sect4942a2 Not AppfalseUndistrIncmSect4942a2NotAppInd
Business HoldingsfalseBusinessHoldingsInd
Excess Business HoldingsfalseExcessBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsfalseMaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Proceeds Or Net IncomefalseProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCd
Ronald S Lauder
767 Fifth Aveune Suite 4200New YorkNY10153Pres. & Trustee5.00$0
Renee Price
1048 Fifth AveNew YorkNY10028DIR/ & EX-OFFO40.00$537,897$32,826
Carl E Schorske
45 Meadow LakesHightstownNJ08520Trustee1.00$0
Eduard Sekler
48 Quincy StCambridgeMA02138Trustee1.00$0
Peter Selz
861 Regal RdBerkeleyCA94708Trustee1.00$0
Christian Witt-Dorring
Trustee5.00$0Magdalenenstrasse 1ViennaAUA-1060
David Gerson
767 Fifth AvenueNew YorkNY10520Treasurer1.00$0
Reinhold Heller
1325 Linden RoadHomewoodIL60430Trustee1.00$0
Max Hollein
Trustee1.00$0Durerstrasse 2FrankfurtGM
Olaf Peters
Trustee1.00$0Richard Wagner Strasse 27HannoverGM50177
Ernst Ploil
Trustee1.00$0Stadiongasse 4Vienna A-1010AU
Jill Lloyd
Trustee1.00$056 St Jamess GardensLondonUKW114RA

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmt
Scott Gutterman
1048 Fifth AvenueNew YorkNY10028Deputy Director40.00$310,000$21,891
Mark DeMairo
1048 Fifth AvenueNew YorkNY10028Facilities Dir40.00$260,000$22,675
Max Jahn
1048 Fifth AvenueNew YorkNY10028Chief Fin. Officer40.00$164,833$18,467
Janis Staggs
1048 Fifth AvenueNew YorkNY10028Associate Curator40.00$130,000$14,540
Sefahiye Saglam
1048 Fifth AvenueNew YorkNY10028Registrar40.00$160,000$15,740

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NIKOLA A-Z REMODELINGBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line134 OAK HOLLOW ROADAddressLine1Txt
CityBRANFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06405ZIPCd
FieldValueIRS element (for citing)
Service TypeEXHIBITITION SERVICEServiceTypeTxt
Compensation$83,275CompensationAmt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1The Neue Galerie New York (the "Museum") mission is to exhibit, collect, preserve and research objects of fine and decorative art and photography, including works of German and Austrian artists. The Museum develops and owns a permanent collection of German and Austrian art and borrows important pieces from collectors and other Museums. The Museum organizes at least one major exhibition each year; it also develops educational programs and cooperates with other educational institutions in New York, giving guided tours of the Museum for classes and students.Description1Txt
Expenses1$7,123,414Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$24,481,270AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$196,057AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$24,677,327TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$24,677,327AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$370,160CashDeemedCharitableAmt
Net Vl Noncharitable Assets$24,307,167NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,215,358MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$6,303,895ExpensesAndContributionsAmt
Charitable Assets Acquis Paid$29,500CharitableAssetsAcquisPaidAmt
Qualifying Distributions$6,333,395QualifyingDistributionsAmt
Adjusted Qualifying Distri$6,333,395AdjustedQualifyingDistriAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Private Operating Fndtn Ruling1999-12-07PrivateOperatingFndtnRulingDt
Section4942j3Yes (X)Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$1,215,358CurrentYearAmt
Year1$1,056,723Year1Amt
Year2$267,250Year2Amt
Year3$562,340Year3Amt
Total$3,101,671TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

FieldValueIRS element (for citing)
Current Year$1,033,054CurrentYearAmt
Year1$898,215Year1Amt
Year2$227,163Year2Amt
Year3$477,989Year3Amt
Total$2,636,421TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$6,333,395CurrentYearAmt
Year1$5,970,153Year1Amt
Year2$5,586,244Year2Amt
Year3$5,407,840Year3Amt
Total$23,297,632TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$6,333,395CurrentYearAmt
Year1$5,970,153Year1Amt
Year2$5,586,244Year2Amt
Year3$5,407,840Year3Amt
Total$23,297,632TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$810,238CurrentYearAmt
Year1$810,450Year1Amt
Year2$178,166Year2Amt
Year3$374,893Year3Amt
Total$2,173,747TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerRonald S LauderContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Rev Part VII ProgramServiceRevPartVIIGrp (3 entries)

DescDescRelated Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
Membership revenue$962,780
Museum Admissions$2,150,685
Other revenue$632,656

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$665,053ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$13,597RelatedOrExemptFunctionIncmAmt

Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$1,034,936RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescCafe RevenueDesc
Business712100BusinessCd
Unrelated Business Taxbl Incm$275,641UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$275,641UnrelatedBusinessTaxblIncmAmt
Exclusion$665,053ExclusionAmt
Related Or Exempt Function Incm$4,794,654RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5,735,348TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)

Line NumberLineNumberTxtRelationship StatementRelationshipStatementTxt
1aRevenue from Neue Galerie New York memberships
1bAdmission fees to the Neue Galerie New York Museum.
1cRevenue principally related to exhibition and art collections.

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (5 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
Estee Lauder 2004 Char Tr
1767 Fifth Ave 40th FLNew YorkNY10153$3,233,788Yes (X)
Richard Laura Parsons
2166 Duane Street PH-BNew YorkNY10013$10,000Yes (X)
MARLENE HESS AND JIM ZIRIN
3770 PARK AVENUENEW YORKNY10021$5,000Yes (X)
WOLFGANG TRABER
41185 PARK AVENUENEW YORKNY10128$15,000Yes (X)
BRADLEY ROLSTON
51211 AVENUE OF THE AMERICASNEW YORKNY10036$20,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING/AUDIT/TAX PREPARATIONCategoryTxt
Amt$39,758Amt
Net Investment Income$199NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$3,482DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (55 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
600,000 shs, CETV Cl A CommonFMV$1,926,000$1,926,000
ACCENTURE PLCAT COST$62,517$62,517
AMERICAN EXPRESSAT COST$44,194$44,194
AMERISOURCEBERGEN CORPAT COST$51,842$51,842
BANK OF NY MELLONAT COST$58,826$58,826
BERKSHIRE HATHAWAYAT COST$60,060$60,060
CINTAS CORPAT COST$23,532$23,532
COMCAST CORPAT COST$36,256$36,256
COMERICA INCAT COST$39,814$39,814
DANONEAT COST$42,956$42,956
DEVON ENERGY CORPAT COST$42,847$42,847
EBAY INCAT COST$30,866$30,866
EXPIDITORS INTERNATIONALAT COST$33,457$33,457
HONEYWELL INT'LAT COST$39,968$39,968
MICROSOFT CORPAT COST$41,805$41,805
NESTLEAT COST$35,821$35,821
OMNICOMAT COST$36,798$36,798
PACCAR INCAT COST$42,506$42,506
POTASH CORPAT COST$66,225$66,225
PROGRESSIVE CORP OHIOAT COST$41,160$41,160
ROSS STORES INCAT COST$40,061$40,061
SCHLUMBERGER LTDAT COST$40,570$40,570
TE CONNECTIVITY LTDAT COST$34,787$34,787
UNILEVER PLCAT COST$25,300$25,300
UNITED HEALTHGROUPAT COST$65,709$65,709
US DOLLARAT COST$94,891$94,891
3M COAT COST$36,972$36,972
NEUEBERGER BERAT COST$1,104,893$1,104,893
PARNASSUS EQUITYAT COST$915,352$915,352
PRIMECAP ODESSY STOCK FUNDAT COST$1,007,152$1,007,152
SPDR S&P 500 TRUSTAT COST$1,022,973$1,022,973
ASTON/FAIRPOINTEAT COST$791,726$791,726
ISHARES CORE S&P MID CAPAT COST$700,108$700,108
TRIBUTARY SMALL COAT COST$214,983$214,983
ARTISAN INTERNATIONALAT COST$1,005,032$1,005,032
DODGE & COXAT COST$929,071$929,071
OAKMARK INTERNATIONALAT COST$864,729$864,729
VANGUARD FTSE EUROPEAT COST$190,510$190,510
BROWN ADV JAPAN ALPHAAT COST$245,496$245,496
ABERDEEN ASIA-PACAT COST$507,815$507,815
ISHARES MSCI ALL COUNTRY ASIAAT COST$216,058$216,058
MATTHEWS ASIA DIVIDEND-INSAT COST$321,724$321,724
DELEWARE EMERGING MARKETSAT COST$456,564$456,564
ISHARES MSCI EMERGING MARKET INDEXAT COST$83,609$83,609
NEUEBERGER BERMAN EQUITY FDAT COST$348,598$348,598
JPM ACCESS MULTI-STRATEGYAT COST$3,892,377$3,892,377
ISHARES COHEN & STEERS REALTY MAJORSAT COST$911,942$911,942
PIMCO COMMODITYPL STRAT-PAT COST$587,528$587,528
JPM MANAGED INCAT COST$424,576$424,576
DODGE & COX INCOMEAT COST$420,424$420,424
DOUBLINE TOTAL RETURNAT COST$424,186$424,186
VANGUARD TOTAL BOND MARKET INDEXAT COST$422,667$422,667
BLACKROCK HIGH YIELD BONDAT COST$837,985$837,985
VANGUARD DIVIDEND FUNDAT COST$2,590$2,590
CASH EQUIVALENT FUNDSAT COST$2,077,530$2,077,530

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (3 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
Furniture and Fixtures$642,971$650,683$7,712
Machinery and Equipment$409,214$389,286$19,928$12,216
Improvements$5,866,390$1,863,306$4,003,084$4,003,084

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEES - GENERALCategoryTxt
Legal Fees$30,177LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$15,907DisbursementsCharitablePrpsAmt

Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch

Note Payable NotePayableGrp (2 entries)

Loan OriginalLoanOriginalAmtNoteNoteDtRepayment TermsRepaymentTermsTxtInterestInterestRtInsider RelationshipInsiderRelationshipTxtLoan MaturityLoanMaturityDtSecurity Provided BorrowerSecurityProvidedBorrowerTxtLoan PurposeLoanPurposeTxt
Bank of America
$15,000,0002006-01Demand loan6.8500
Christie's Inc
$86,750,0002006-05Short Term Related to Art Sale6.8700None2007-05Works of ArtArt Purchase

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
Art & Artifacts$171,370,323$171,487,942$171,487,942
Other Assets$5,086$5,086$5,086

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED LOSS ON INVESTMENTSDesc
Amt$143,475Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (19 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Advertising & Public Relations$152,442$64,458$105,887
BANK CHARGES$27,639$535$27,060
Catalogue Service Fees$61,643$4,717$66,717
Credit Card/Bank Charges$106,578$106,547$31
DESIGN, GRAPHICS & PRINTING$135,942$50,015$84,149
Exhibition & Design Services$738,406$147,681$647,843
Insurance$396,245$45,255$367,970
LICENSES$5,407$3,454$1,904
Maintenance & Utilities$602,281$164,472$393,407
Materials & Supplies$324,780$140,379$181,141
MEMBERSHIPS & DUES$7,411$4,861
Miscellaneous$1,929$96$1,833
Postage, mailings and delivery$94,549$73,988$20,974
Public Programs$28,450$3,823$25,926
RECRUITMENT$12,986$280$12,706
REPAIRS & MAINTENANCE$147,083$147,083
Security Costs$1,002,667$313,431$669,789
Shipping$616,202$30,810$549,774
Telephone$48,386$7,279$49,743

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtAdjusted Net IncomeAdjustedNetIncomeAmt
Cafe Revenue$275,641$275,641
Membership revenue$962,780$962,780
Museum Admissions$2,150,685$2,150,685
Other revenue$632,656$632,656

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CONSULTANTS$191,491$0$48,695$146,515
INVESTMENT ADVISOR FEES$57,030$57,030$0$0

Sales Of Inventory List SalesOfInventoryList

Inventory Sale InventorySaleGrp

FieldValueIRS element (for citing)
CategoryBook StoreCategoryTxt
Gross Sales$1,935,732GrossSalesAmt
Cost Of Goods Sold$900,796CostOfGoodsSoldAmt
Net$1,034,936NetAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
FEDERAL INCOME TAX (FORM 990T)$5,235
NYS INCOME TAX (FORM CT 13)$4,804

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