WHITNEY MUSEUM OF AMERICAN ART: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- WHITNEY MUSEUM OF AMERICAN ART (EIN 13-1789318)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-09
- IRS object ID
- 201401299349301615
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-09T11:13:39-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131655065 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTZ AND CARR CPAS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 EAST 42ND STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131789318 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHITNEY MUSEUM OF AMERICAN ART | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WHIT | NameControl |
| Phone | 2125703600 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 945 MADISON AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10021 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN STANLEY | Name |
| Title | CHIEF OPERATING OFFICER | Title |
| Phone | 2126711820 | Phone |
| Date Signed | 2014-05-05 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | FREDERICK MARTENS | Name |
| PTIN | P00298107 | PTIN |
| Phone | 2126972299 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ADAM WEINBERG | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 945 MADISON AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10021 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 202723000 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WHITNEY.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1926 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | THE WHITNEY MUSEUM OF AMERICAN ART IS A MUSEUM DEVOTED TO AMERICAN ART OF THE 20TH AND 21ST CENTURIES. THE MUSEUM IS CONSTRUCTING A 210,000 - SQUARE FOOT BUILDING IN DOWNTOWN MANHATTAN. LOCATED ON GANSEVOORT STREET BETWEEN WEST STREET AND THE HIGH LINE, THE NEW BUILDING, DESIGNED BY PRIZE-WINNING ARCHITECT RENZO PIANO WILL PROVIDE THE WHITNEY WITH ESSENTIAL NEW SPACE FOR ITS PERMANENT COLLECTION, TEMPORARY EXHIBITIONS, PERFORMING ARTS AND EDUCATION PROGRAMS IN ONE OF NEW YORK'S MOST VIBRANT NEIGHBORHOODS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 45 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 44 | NbrIndependentVotingMembers |
| Total Nbr Employees | 343 | TotalNbrEmployees |
| Total Nbr Volunteers | 70 | TotalNbrVolunteers |
| Total Gross UBI | 107000 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 85540 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 45961000 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 84331000 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 3024000 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2823000 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5531000 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3013000 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 270000 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1104000 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 54786000 | TotalRevenuePriorYear |
| Total Revenue Current Year | 91271000 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 50000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 50000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 17447000 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 18141000 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 254000 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 245000 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 4446000 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 20943000 | OtherExpensePriorYear |
| Other Expenses Current Year | 21992000 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 38694000 | TotalExpensesPriorYear |
| Total Expenses Current Year | 40428000 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 16092000 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 50843000 | RevenuesLessExpensesCY |
| Total Assets BOY | 602967000 | TotalAssetsBOY |
| Total Assets EOY | 687931000 | TotalAssetsEOY |
| Total Liabilities BOY | 156083000 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 161502000 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 446884000 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 526429000 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE WHITNEY SEEKS TO BE THE DEFINING MUSEUM OF 20TH AND 21ST CENTURY AMERICAN ART. THE MUSEUM COLLECTS, EXHIBITS, PRESERVES, RESEARCHES AND INTERPRETS ART OF THE U.S. IN THE BROADEST GLOBAL, HISTORICAL AND INTERDISCIPLINARY CONTEXTS. AS THE PREEMINENT ADVOCATE FOR AMERICAN ART, WE FOSTER THE WORK OF LIVING ARTISTS AT CRITICAL MOMENTS IN THEIR CAREERS. THE WHITNEY EDUCATES A DIVERSE PUBLIC THROUGH DIRECT INTERACTION WITH ARTISTS, OFTEN BEFORE THEIR WORK HAS ACHIEVED GENERAL ACCEPTANCE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 17029000 | Expense |
| Grants | 50000 | Grants |
| Revenue | 2682000 | Revenue |
| Description | COLLECTION AND EXHIBITIONS OF AMERICAN ART:THE WHITNEY MUSEUM OF AMERICAN ART PRESENTED 13 EXHIBITIONS IN FY13. THESE INCLUDED: . . . AS APPLE PIE (JUNE 8, 2012-JUNE 9, 2013), YAYOI KUSAMA'S FIREFLIES ON THE WATER (JUNE 13-OCTOBER 28, 2012), SHARON HAYES: THERE'S SO MUCH I WANT TO SAY TO YOU (JUNE 21-SEPTEMBER 9, 2012), SIGNS & SYMBOLS (JUNE 28-OCTOBER 28, 2012), YAYOI KUSAMA (JULY 12-SEPTEMBER 30, 2012), WADE GUYTON OS (OCTOBER 4, 2012-JANUARY 13, 2013), RICHARD ARTSCHWAGER! (OCTOBER 25, 2012-FEBURARY 3, 2013), TRISHA BAGA: PLYMOUTH ROCK 2 (NOVEMBER 7, 2012-JANUARY 27, 2013), SINISTER POP (NOVEMBER 15, 2012-MARCH 31, 2013), BLUES FOR SMOKE (FEBRUARY 7-APRIL 28, 2013), JAY DEFEO: A RETROSPECTIVE (FEBRUARY 28-JUNE 2, 2013), STEWART UOO AND JANA EULER: OUTSIDE INSIDE SENSIBILITY (MAY 10-AUGUST 11, 2013), AND. AMERICAN LEGENDS: FROM CALDER TO O'KEEFFE (DECEMBER 22, 2012-OCTOBER 19, 2014). ADDITIONALLY, THE MUSEUM PRESENTED FOUR FILM AND VIDEO INSTALLATIONS: OSKAR FISCHINGER: SPACE LIGHT ART-A FILM ENVIRONMENT (JUNE 28-OCTOBER 28, 2012), DARK AND DEADPAN: POP IN TV AND THE MOVIES (NOVEMBER 15, 2012-MARCH 31, 2013), THE WHITE ROSE (APRIL 25-MAY 12, 2013), AND DAVID HOCKNEY: THE JUGGLERS (MAY 23-SEPTEMBER 1, 2013). PERFORMANCES AT THE MUSEUM INCLUDED: EMERGENCY CHEESECAKE: ORGANIZED BY WADE GUYTON AND JAY SANDERS (NOVEMBER 30, 2012), SYNONYM FOR UNTITLED: ANDREW LAMPERT (MARCH 14-15, 2013), A PERFORMANCE SERIES ASSOCIATED WITH THE EXHIBITION BLUES FOR SMOKE (FEBRUARY 1-APRIL 28, 2013) WITH 20 EVENTS, AND BERLIN SUN THEATER: THE MASTERY OF NON-MASTERY: WRITTEN AND DIRECTED BY MICK TAUSSIG (FEBRUARY 23, 2013). THE MUSEUM ALSO PRESENTED TOURING EXHIBITIONS AT VENUES ACROSS THE UNITED STATES, INCLUDING: JAY DEFEO: A RETROSPECTIVE, LEGACY: THE EMILY FISHER LANDAU COLLECTION, REAL/SURREAL, AND TEN MASTERWORKS FROM THE WHITNEY MUSEUM OF AMERICAN ART.THE MUSEUM ACQUIRED A TOTAL OF 390 WORKS IN FY13. SEVERAL MAJOR ACQUISITIONS WHICH OCCURRED DURING THE FISCAL YEAR INCLUDE THE FOLLOWING: A LARGE PHOTOGRAPHIC BODY OF WORK BY EDWARD STEICHEN, FOURTEEN PRINT PORTFOLIOS BY THE PUBLISHER EXIT ART GALLERY, A SEMINAL VIDEO WORK BY THE ARTIST DAVID HAMMONS, A LARGE SCALE DRAWING BY DANA SHUTZ, PAINTINGS BY LUTZ BACHER, NEIL JENNEY, DAVID SALLE, AND TAUBA AUERBACH, PHOTOGRAPHS BY JERRY N. UELSMANN, MOYRA DAVEY, SARAH CHARLESWORTH, AND AN-MY LE, A VIDEO INSTALLATION BY FILMMAKER WERNER HERZOG, AND SCULPTURE BY ROBERT GROSVENOR AND NED SMYTH. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 10015000 | Expense |
| Grants | 0 | Grants |
| Revenue | 141000 | Revenue |
| Description | CURATORIAL AND RELATED SUPPORT:IN FY13 THE CURATORIAL DEPARTMENT CONTINUED THE PLANNING PROCESS FOR THE PERMANENT COLLECTION DISPLAY AT THE NEW BUILDING INCLUDING THE INAUGURAL EXHIBITION OF THE MUSEUM WHICH WILL BE DRAWN ENTIRELY FROM THE PERMANENT COLLECTION. THE RESEARCH AND PLANNING PHASE HAS INCLUDED A CHRONOLOGICAL SERIES OF PERMANENT COLLECTION EXHIBITIONS AT THE BREUER BUILDING, WHICH BEGAN WITH "BREAKING GROUND: THE WHITNEY'S FOUNDING COLLECTION" AND CONTINUED THROUGH "SINISTER POP," CULMINATING WITH "I, YOU, WE" ON ART FROM THE 1980S AND 1990S. THESE EXHIBITIONS HAVE FUNCTIONED IN PART AS LABORATORIES AS WE EXAMINE THE NEARLY 20,000 WORKS IN THE COLLECTION IN NEW AND INNOVATIVE WAYS. ADDITIONALLY, A CORE TEAM OF CURATORS CONTINUES ITS REVIEW OF THE WHITNEY'S COLLECTION, CONSIDERING THE LATEST SCHOLARSHIP ON 20TH- AND 21ST-CENTURY AMERICAN ART, AND CONDUCTING RESEARCH TRIPS AND DISCUSSIONS WITH OTHER SCHOLARS, CRITICS, AND ARTISTS AS THEY DEVELOP THE WHITNEY'S FUTURE COLLECTION DISPLAY. MEANWHILE, THE CONSERVATION DEPARTMENT METHODICALLY EXAMINES, ASSESSES, AND WHERE NECESSARY TREATS EACH WORK OF ART IN PREPARATION FOR INCLUSION IN THE INAUGURAL EXHIBITIONS. THE WHITNEY'S LIBRARY CONTINUES TO DIGITIZE IMPORTANT PIECES OF ITS SPECIAL COLLECTIONS TO MAKE THEM MORE WIDELY ACCESSIBLE AND PRESERVE THEIR CONTENT. THESE DIGITIZATION PROJECTS INCLUDE SELECTIONS OF THE MUSEUM'S EXHIBITION CATALOGUES, ARTISTS' CORRESPONDENCE AND EPHEMERA, THE MUSEUM'S HISTORICAL DOCUMENTS (ARCHIVAL RECORDS, PHOTOGRAPHS, CHECKLISTS, EXHIBITION CATALOGUES), AND HIGHLIGHTS FROM THE PERSONAL LIBRARY OF JULIANA FORCE, THE WHITNEY'S INAUGURAL DIRECTOR AND CLOSE ASSOCIATE OF THE MUSEUM'S FOUNDER, GERTRUDE VANDERBILT WHITNEY, THAT INCLUDE GALLERY ANNOUNCEMENTS AND RARE AND UNUSUAL PERIODICALS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2875000 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | EDUCATION PROGRAMS:IN FY13, WHITNEY EDUCATION SERVED OVER 567,568 PEOPLE THROUGH SCHOOL & EDUCATOR PROGRAMS, PUBLIC PROGRAMS, SENIOR PROGRAMS, FAMILY PROGRAMS, TEEN PROGRAMS, COMMUNITY PROGRAMS, INTERPRETATION PROGRAMS, AND WEB VISITORS. THE WHITNEY OFFERED FREE TOURS OF EXHIBITIONS AND THE PERMANENT COLLECTION, GUIDED VISITS FOR SCHOOLS, TEEN PROGRAMS WITH ARTISTS-IN-RESIDENCE, FAMILY ART WORKSHOPS AND FAMILY DAY PROGRAMS, SIGN LANGUAGE AND TOUCH TOURS, EVENING PUBLIC PROGRAMS PLANNED IN COLLABORATION WITH EXHIBITING ARTISTS, ONLINE EXHIBITION-RELATED CONTENT AND A MULTIMEDIA GUIDE. IN ADVANCE OF THE WHITNEY'S MOVE TO THE MEAT PACKING DISTRICT, THE DEPARTMENT'S ACCESS AND COMMUNITY DIVISION CONTINUED TO GROW MUSEUM PARTNERSHIPS WITH DOWNTOWN SCHOOLS, SENIOR CENTERS, AND COMMUNITY-BASED ORGANIZATIONS, AND CONVENED BIMONTHLY MEETINGS WITH THE WHITNEY EDUCATION COMMUNITY ADVISORY NETWORK (WECAN), A GROUP OF LOCAL RESIDENTS, TEACHERS, PARENTS, AND REPRESENTATIVES FROM COMMUNITY-BASED ORGANIZATIONS IN THE WHITNEY'S FUTURE NEIGHBORHOOD. WECAN DISCUSSES WAYS THAT THE WHITNEY CAN BECOME AN ESSENTIAL RESOURCE FOR THIS DIVERSE AND DYNAMIC COMMUNITY; TOPICS OF DISCUSSION THIS PAST YEAR HAVE INCLUDED GENTRIFICATION AND CHANGE, THE NEEDS OF CHILDREN AND FAMILIES, AND CREATING A SAFE AND WELCOMING SPACE FOR MEMBERS OF THE LGBT COMMUNITY. OUR SCHOOL PROGRAMS HAVE BEEN WORKING WITH 3 NEW YORK CITY PUBLIC SCHOOLS FOR THE LAST 5 YEARS. THROUGH THESE LONG-TERM SCHOOL PARTNERSHIPS, WE SEEK TO WORK WITH THE ENTIRE SCHOOL COMMUNITY, INCLUDING ADMINISTRATORS, TEACHERS, STUDENTS, AND PARENTS. OUR PROGRAMS HAVE CREATED A POSITIVE IMPACT ON TEACHING AND LEARNING, IMPROVED SCHOOL CULTURE, AND INCREASED PARENTAL ENGAGEMENT. BUILDING ON THIS SUCCESS, WE ARE WORKING ON ESTABLISHING PARTNERSHIPS WITH 5 MORE PUBLIC SCHOOLS LOCATED IN DOWNTOWN MANHATTAN AND BROOKLYN. EDUCATION ALSO CONTINUED OUR LONGITUDINAL STUDY ON TEEN ARTS PARTICIPATION, FUNDED BY THE FEDERAL GOVERNMENT'S INSTITUTE OF MUSEUM AND LIBRARY SERVICES. A COLLABORATION WITH THE WALKER ART CENTER, LAMOCA, AND THE CONTEMPORARY ARTS MUSEUM HOUSTON, THIS PROJECT EXPLORES THE LONG-TERM IMPACT OF TEEN ARTS PROGRAMS ON PARTICIPANTS, MUSEUMS, AND THEIR COMMUNITIES. FINALLY, WE CONTINUE TO PILOT STUDIO PROGRAMS IN THE LOT-EK ART STUDIO, INCLUDING HANDS-ON ART MAKING WORKSHOPS BASED ON CURRENT EXHIBITIONS FOR AUDIENCES OF ALL AGES. FOR MORE INFORMATION ABOUT WHITNEY EDUCATION, PLEASE VISIT WHITNEY.ORG/EDUCATION. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1093000 | Expense |
| Grants | 0 | Grants |
| Revenue | 138000 | Revenue |
| Description | PUBLICATION AND RETAIL:MUSEUM RELATED AUXILLARY SERVICES THAT PROVIDE PRODUCTS RELATED TO THE MUSEUM'S COLLECTION AND EXHIBITIONS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 1093000 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 138000 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 31012000 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 1 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 227 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 343 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 1 | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 1 | NumberOf8282Filed |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 45 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 44 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CO | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | HI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NC | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | RI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | TN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | VA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHIEF FINANCIAL OFFICER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2126711820 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 945 MADISON AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10021 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (58 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| ADAM D WEINBERG | ||||||||
| ALICE PRATT BROWN DIRECTOR | 35.00 | X | X | 734678 | 0 | 67466 | ||
| ROBERT J HURST | ||||||||
| CO-CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| BROOKE GARBER NEIDICH | ||||||||
| CO-CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| MELVA BUCKSBAUM | ||||||||
| VICE CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| WARREN B KANDERS | ||||||||
| VICE CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| SCOTT RESNICK | ||||||||
| VICE CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| LAURIE M TISCH | ||||||||
| VICE CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| NEIL G BLUHM | ||||||||
| PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | ||
| PAMELLA G DEVOS | ||||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | ||
| SUSAN K HESS | ||||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | ||
| JOHN C PHELAN | ||||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | ||
| PAUL C SCHORR IV | ||||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | ||
| FERN KAYE TESSLER | ||||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | ||
| RICHARD M DEMARTINI | ||||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | ||
| NANCY CARRINGTON CROWN | ||||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 | ||
| STEVEN AMES | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| J DARIUS BIKOFF | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DAVID CAREY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JOANNE LEONHARDT CASSULLO | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RICHARD M CHANG | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| HENRY CORNELL | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| BETH RUDIN DEWOODY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| FAIRFAX DORN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| VICTOR F GANZI | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| HENRY LOUIS GATES JR | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| PHILIP H GEIER JR | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| SONDRA GILMAN GONZALEZ-FALLA | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT B GOERGEN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JAMES A GORDON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ANNE DIAS GRIFFIN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| GEORGE S KAUFMAN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| EMILY FISHER LANDAU | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RAYMOND J LEARSY | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| MIYOUNG LEE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JONATHAN O LEE | ||||||||
| EX OFFICIO | 1.00 | X | 0 | 0 | 0 | |||
| THOMAS H LEE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RAYMOND J MCGUIRE | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| PETER NORTON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DONNA PERRET ROSEN | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| RICHARD D SEGAL | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JONATHAN S SOBEL | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| THOMAS E TUFT | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| FRED WILSON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| ROBERT W WILSON | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| DAVID W ZALAZNICK | ||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||
| JOHN S STANLEY | ||||||||
| CHIEF OPERATING OFFICER | 35.00 | X | 341267 | 0 | 43832 | |||
| IDEHEN ARUEDE | ||||||||
| CHIEF FINANCIAL OFFICER | 35.00 | X | 157617 | 0 | 8451 | |||
| ROSE E O'NEILL-SUSPITSYNA | ||||||||
| ASSISTANT SECRETARY | 35.00 | X | 65335 | 0 | 1766 | |||
| DONNA M DESALVO | ||||||||
| CHIEF CURATOR & DEP. DIR. | 35.00 | 326219 | 0 | 57421 | X | |||
| ALEXANDRA WHEELER | ||||||||
| DEPUTY DIRECTOR FOR DEVELOPMENT | 35.00 | 287814 | 0 | 59073 | X | |||
| JEFFREY E LEVINE | ||||||||
| MARKETING AND COMMUNIC. OFFICER | 35.00 | 194837 | 0 | 15828 | X | |||
| STEPHANIE ADAMS | ||||||||
| DIRECTOR OF PLANNED GIVING | 35.00 | 186802 | 0 | 38301 | X | |||
| CHRISTY L PUTNAM | ||||||||
| ASSOCIATE DIRECTOR FOR EXHIBITIONS | 35.00 | 165911 | 0 | 60865 | X | |||
| CAROL C MANCUSI-UNGARO | ||||||||
| ASSOC. DIR. CONSERVATION & RESEARCH | 35.00 | 205659 | 0 | 42433 | X | |||
| JOHN COLLINS | ||||||||
| CONTROLLER | 35.00 | 162161 | 0 | 28483 | X | |||
| KATHRYN A POTTS | ||||||||
| ASSOCIATE DIRECTOR - EDUCATION | 35.00 | 152685 | 0 | 37267 | X | |||
| AMY ROTH | ||||||||
| DIRECTOR OF CORPORATE PARTNERSHIPS | 35.00 | 144628 | 0 | 8071 | X | |||
| BARBARA HASKELL | ||||||||
| CURATOR | 35.00 | 138727 | 0 | 47518 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3264340 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 516775 | TotalOtherCompensation |
| Number Individuals GT100 K | 38 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation | Address Line1AddressOfContractor/AddressForeign/AddressLine1 | CityAddressOfContractor/AddressForeign/City | CountryAddressOfContractor/AddressForeign/Country | Postal CodeAddressOfContractor/AddressForeign/PostalCode |
|---|---|---|---|---|---|---|---|---|---|
| TURNER CONSTRUCTION COMPANY | |||||||||
| 375 HUDSON STREET 6TH FLOOR | NEW YORK | NY | 10014 | CONSTRUCTION SERVICES | 4607000 | ||||
| RENZO PIANO BUILDING WORKSHOP | |||||||||
| ARCHITECTURAL SERVICES | 4492000 | 34 RUE DES ARCHIVES | PARIS | FR | 19170 | ||||
| COOPER ROBERTSON & PARTNERS | |||||||||
| 311 WEST 43RD STREET | NEW YORK | NY | 10036 | ARCHITECTURAL SERVICES | 3618000 | ||||
| GARDINER & THEOBALD INC | |||||||||
| 317 MADISON AVENUE | NEW YORK | NY | 10017 | CONSTRUCTION SERVICES | 1097000 | ||||
| FRIED FRANK HARRIS SHRIVER & JACOBSON | |||||||||
| ONE NEW YORK PLAZA | NEW YORK | NY | 10004 | LEGAL SERVICES | 577000 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 44 | NumberOfContractorsGT100K |
| Membership Dues | 3027000 | MembershipDues |
| Fundraising Events | 3503000 | FundraisingEvents |
| Government Grants | 20679000 | GovernmentGrants |
| All Other Contributions | 57122000 | AllOtherContributions |
| Noncash Contributions | 23960000 | NoncashContributions |
| Total Contributions | 84331000 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| ADMISSION INCOME | 900099 | 2308000 | 2308000 |
| TRAVELING EXHIBITIONS | 900099 | 374000 | 374000 |
| LOAN FEES | 900099 | 141000 | 141000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2823000 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1588000 | TotalRevenueColumn |
| Unrelated Business Revenue | 99000 | UnrelatedBusinessRevenue |
| Exclusion | $1,489,000 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 288000 | TotalRevenueColumn |
| Exclusion | $288,000 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 164000 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 59000 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 105000 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 105000 | TotalRevenueColumn |
| Exclusion | $105,000 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 110891000 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 109466000 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1425000 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1425000 | TotalRevenueColumn |
| Exclusion | $1,425,000 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 848000 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 3503000 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 848000 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1225000 | GrossSalesOfInventory |
| Cost Of Goods Sold | 1079000 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 146000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 138000 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 8000 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| INSURANCE PROCEEDS | 900099 | 263000 | $263,000 |
| MISCELLANEOUS INCOME | 900099 | 210000 | $210,000 |
| RESTAURANT INCOME | 900099 | 92000 | $92,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 565000 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 91271000 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2961000 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 107000 | UnrelatedBusinessRevenue |
| Exclusion | $3,872,000 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50000 | Total |
| Program Services | 50000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2919000 | Total |
| Program Services | 1035000 | ProgramServices |
| Management And General | 1106000 | ManagementAndGeneral |
| Fundraising | 778000 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11642000 | Total |
| Program Services | 8663000 | ProgramServices |
| Management And General | 1419000 | ManagementAndGeneral |
| Fundraising | 1560000 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 860000 | Total |
| Program Services | 598000 | ProgramServices |
| Management And General | 160000 | ManagementAndGeneral |
| Fundraising | 102000 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1803000 | Total |
| Program Services | 1209000 | ProgramServices |
| Management And General | 326000 | ManagementAndGeneral |
| Fundraising | 268000 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 917000 | Total |
| Program Services | 627000 | ProgramServices |
| Management And General | 163000 | ManagementAndGeneral |
| Fundraising | 127000 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 174000 | Total |
| Management And General | 174000 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 227000 | Total |
| Management And General | 227000 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 245000 | Total |
| Fundraising | 245000 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 492000 | Total |
| Management And General | 492000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 817000 | Total |
| Program Services | 669000 | ProgramServices |
| Management And General | 42000 | ManagementAndGeneral |
| Fundraising | 106000 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 637000 | Total |
| Program Services | 619000 | ProgramServices |
| Management And General | 6000 | ManagementAndGeneral |
| Fundraising | 12000 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 381000 | Total |
| Program Services | 114000 | ProgramServices |
| Management And General | 45000 | ManagementAndGeneral |
| Fundraising | 222000 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 308000 | Total |
| Program Services | 229000 | ProgramServices |
| Management And General | 37000 | ManagementAndGeneral |
| Fundraising | 42000 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3099000 | Total |
| Program Services | 2790000 | ProgramServices |
| Management And General | 254000 | ManagementAndGeneral |
| Fundraising | 55000 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 390000 | Total |
| Program Services | 222000 | ProgramServices |
| Management And General | 102000 | ManagementAndGeneral |
| Fundraising | 66000 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1484000 | Total |
| Program Services | 1194000 | ProgramServices |
| Management And General | 160000 | ManagementAndGeneral |
| Fundraising | 130000 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 723000 | Total |
| Program Services | 538000 | ProgramServices |
| Management And General | 87000 | ManagementAndGeneral |
| Fundraising | 98000 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| PRE-CONSTRUCTION COSTS | 5681000 | 5681000 | 0 | 0 |
| EXHIBITION EXPENSE | 4106000 | 4106000 | 0 | 0 |
| ART ACQUISTIONS | 1860000 | 1860000 | 0 | 0 |
| OTHER EXPENSES | 1613000 | 808000 | 170000 | 635000 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 40428000 | Total |
| Program Services | 31012000 | ProgramServices |
| Management And General | 4970000 | ManagementAndGeneral |
| Fundraising | 4446000 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22763000 | BOY |
| EOY | 39368000 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19871000 | BOY |
| EOY | 34796000 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66130000 | BOY |
| EOY | 56279000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 623000 | BOY |
| EOY | 1091000 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 648000 | BOY |
| EOY | 882000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104953000 | BOY |
| EOY | 208825000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 55188000 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 18002000 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35996000 | BOY |
| EOY | 37186000 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 96788000 | BOY |
| EOY | 102231000 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 255195000 | BOY |
| EOY | 207273000 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 602967000 | BOY |
| EOY | 687931000 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14439000 | BOY |
| EOY | 22425000 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 476000 | BOY |
| EOY | 1035000 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 136425000 | BOY |
| EOY | 135300000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4743000 | BOY |
| EOY | 2742000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 156083000 | BOY |
| EOY | 161502000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104357000 | BOY |
| EOY | 107734000 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 168720000 | BOY |
| EOY | 236995000 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 173807000 | BOY |
| EOY | 181700000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 446884000 | BOY |
| EOY | 526429000 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 602967000 | BOY |
| EOY | 687931000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 50843000 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 26991000 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 1711000 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 23602000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 29448000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 62061000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 45961000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 84331000 | CurrentTaxYear |
| Total | 245403000 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 23602000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 29448000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 62061000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 45961000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 84331000 | CurrentTaxYear |
| Total | 245403000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 9517228 | AmountsSubstContributorsTotal |
| Public Support Total170 | 235885772 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1027000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 957000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2145000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2171000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2040000 | CurrentTaxYear |
| Total | 8340000 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 471000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 167000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 47000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 156000 | CurrentTaxYearMinus1Year |
| Current Tax Year | 565000 | CurrentTaxYear |
| Total | 1406000 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 255149000 | TotalSupport |
| Gross Receipts From Admissions Etc | 21415000 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.92450 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.60460 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 1 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $102,253 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 0 | OtherActivities |
| Total Lobbying Expenditures IIB | 102253 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | 1 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 206104000 | BeginningOfYearBalance |
| Contributions | 7893000 | Contributions |
| Investment Earnings Or Losses | 28968000 | InvestmentEarningsOrLosses |
| Other Expenditures | 9599000 | OtherExpenditures |
| End Of Year Balance | 233366000 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 207326000 | BeginningOfYearBalance |
| Contributions | 3383000 | Contributions |
| Investment Earnings Or Losses | 3840000 | InvestmentEarningsOrLosses |
| Other Expenditures | 8445000 | OtherExpenditures |
| End Of Year Balance | 206104000 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 185574000 | BeginningOfYearBalance |
| Contributions | 2853000 | Contributions |
| Investment Earnings Or Losses | 24843000 | InvestmentEarningsOrLosses |
| Other Expenditures | 5944000 | OtherExpenditures |
| End Of Year Balance | 207326000 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 177817000 | BeginningOfYearBalance |
| Contributions | 341000 | Contributions |
| Investment Earnings Or Losses | 11412000 | InvestmentEarningsOrLosses |
| Other Expenditures | 3996000 | OtherExpenditures |
| End Of Year Balance | 185574000 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 200196000 | BeginningOfYearBalance |
| Contributions | 119000 | Contributions |
| Investment Earnings Or Losses | -17044000 | InvestmentEarningsOrLosses |
| Other Expenditures | 5454000 | OtherExpenditures |
| End Of Year Balance | 177817000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.05870 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.77860 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.16270 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 26654000 | OtherCostOrOtherBasis |
| Book Value | 26654000 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 20491000 | OtherCostOrOtherBasis |
| Depreciation | 12746000 | Depreciation |
| Book Value | 7745000 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1934000 | OtherCostOrOtherBasis |
| Depreciation | 1931000 | Depreciation |
| Book Value | 3000 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6109000 | OtherCostOrOtherBasis |
| Depreciation | 3325000 | Depreciation |
| Book Value | 2784000 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 37186000 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MONEY MARKET FUNDS | 17922000 | F |
| EQUITY INVESTMENT FUNDS | 59321000 | F |
| ALTERNATIVE INVESTMENTS - MULTI-STRATEGY & OTHER | 53074000 | F |
| ALTERNATIVE INVESTMENTS - EQUITY LONG/SHORT | 61983000 | F |
| ALTERNATIVE INVESTMENTS - REAL ASSETS | 11883000 | F |
| ALTERNATIVE INVESTMENTS - PRIVATE EQUITY | 3090000 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 207273000 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ACCRUED PENSION OBLIGATION | Description |
| Amount | $2,742,000 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2742000 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 119484000 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 26991000 | NetUnrealizedGainsInvestments |
| Other Revenues | 1711000 | OtherRevenues |
| Revenue Not Rptd F990 | 28702000 | RevenueNotRptdF990 |
| Revenue Subtotal | 90782000 | RevenueSubtotal |
| Investment Expenses Not Included | 489000 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 489000 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 91271000 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 39939000 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 39939000 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 489000 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 489000 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 40428000 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 1A: | THE MUSEUM HAS AN EXTENSIVE COLLECTION OF ART, INCLUDING PAINTINGS, SCULPTURE, PHOTOGRAPHS, DRAWINGS, PRINTS, AND FILMS AND VIDEOS. THE COLLECTION IS MAINTAINED UNDER THE CARE OF THE REGISTRATION DEPARTMENT STAFF AND IS HELD FOR RESEARCH, EDUCATION AND PUBLIC EXHIBITION IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN. PROCEEDS FROM THE SALE OF COLLECTION ITEMS ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. THE MUSEUM DOES NOT INCLUDE EITHER THE COST OR THE VALUE OF ITS COLLECTION IN THE STATEMENT OF FINANCIAL POSITION, NOR DOES IT RECOGNIZE GIFTS OF COLLECTION ITEMS AS REVENUES IN THE STATEMENT OF ACTIVITIES. SINCE ITEMS ACQUIRED FOR THE COLLECTION BY PURCHASE ARE NOT CAPITALIZED, THE COST OF THOSE ACQUISITIONS IS REPORTED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. | |
| PART III, LINE 4: | THE WHITNEY MUSEUM OF AMERICAN ART SEEKS TO BE THE DEFINING MUSEUM OF THE 20TH & 21ST CENTURY AMERICAN ART. THE MUSEUM COLLECTS, EXHIBITS, PRESERVES, RESEARCHES AND INTERPRETS ART OF THE UNITED STATES IN THE BROADCAST GLOBAL, HISTORICAL AND INTERDISCIPLINARY CONTEXTS. AS THE PREEMINENT ADVOCATE FOR AMERICAN ART, WE FOSTER THE WORK OF LIVING ARTISTS AT THE CRITICAL MOMENTS IN THEIR CAREERS. THE WHITNEY EDUCATES A DIVERSE PUBLIC THROUGH DIRECT INTERACTION WITH ARTISTS, OFTEN BEFORE THEIR WORK HAS ACHIEVED GENERAL ACCEPTANCE. | |
| PART V, LINE 4: | THE MUSEUM'S ENDOWMENT FUNDS CONSIST OF APPROXIMATELY 92 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, PRIMARILY TO SUPPORT THE GENERAL OPERATIONS AND EXHIBITION PROGRAMS OF THE MUSEUM, AS WELL AS THE SUPPORT OF THE BIENNIAL EXHIBITION PROGRAM, PERMANENT COLLECTION ACQUISITIONS, AND CURATORIAL SUPPORT. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| PENSION RELATED CHARGES OTHER THAN NET PERIODIC PENSION COSTS 1,711,000. | PART XI, LINE 2D - OTHER ADJUSTMENTS: |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EAST ASIA AND THE PACIFIC - | 0 | 0 | PROGRAM SERVICE | TRAVELING EXHIBITION | 1000 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | 104584000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 104585000 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 104585000 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|---|---|---|
| DCM | ||||||||
| 45 MAIN STREET 815 | BROOKLYN | NY | 11201 | TELEFUNDRAISING | 0 | 66000 | 48000 | 18000 |
| SUSAN COURTEMANCHE | ||||||||
| 40 POWDER HORN HILL ROAD | WILTON | CT | 06897 | CAPITAL CAMPAIGN CONSULTING | 0 | 0 | 197000 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 66000 | TotalGrossReceipts |
| Total Retained By Contractors | 245000 | TotalRetainedByContractors |
| Total Net To Organization | 18000 | TotalNetToOrganization |
| Licensed States | AZ | LicensedStates |
| Licensed States | CA | LicensedStates |
| Licensed States | CO | LicensedStates |
| Licensed States | CT | LicensedStates |
| Licensed States | GA | LicensedStates |
| Licensed States | HI | LicensedStates |
| Licensed States | IL | LicensedStates |
| Licensed States | MD | LicensedStates |
| Licensed States | MA | LicensedStates |
| Licensed States | MI | LicensedStates |
| Licensed States | NJ | LicensedStates |
| Licensed States | NC | LicensedStates |
| Licensed States | OH | LicensedStates |
| Licensed States | PA | LicensedStates |
| Licensed States | RI | LicensedStates |
| Licensed States | TN | LicensedStates |
| Licensed States | VA | LicensedStates |
| Licensed States | WA | LicensedStates |
| Licensed States | NY | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1 |
| Gross Receipts Event1 | 2764000 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 2155000 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 609000 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 124000 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 105000 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 380000 | OtherDirectExpensesEvent1 |
| Name Of Event2 | AMERICAN ART AWARD | NameOfEvent2 |
| Gross Receipts Event2 | 1587000 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 1348000 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 239000 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 51000 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 55000 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 133000 | OtherDirectExpensesEvent2 |
| Gross Receipts Total | 4351000 | GrossReceiptsTotal |
| Charitable Contributions Total | 3503000 | CharitableContributionsTotal |
| Gross Revenue Total Events | 848000 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 175000 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 160000 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 513000 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 848000 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | BUCKSBAUM AWARD | TypeOfGrant |
| Number Of Recipients | 1 | NumberOfRecipients |
| Amount Of Cash Grant | 50000 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE BUCKSBAUM AWARD IS INTENDED TO HONOR BIANNUALLY A LIVING ARTIST WHOSE WORK DEMONSTRATES A SINGULAR COMBINATION OF TALENT AND IMAGINATION AND HAS MADE OR PROMISES TO MAKE A SIGNIFICANT CONTRIBUTION TO THE VISUAL ARTS IN THE UNITED STATES. LAUREATES OF THE BUCKSBAUM AWARD RECEIVE A $100,000 GRANT (PAID $50,000 PER YEAR IN EACH OF TWO YEARS), AND EXHIBITION OF THEIR WORK, A COMMEMORATIVE AWARD, AND A FORMAL CITATION CERTIFICATE. ANY ARTIST LIVING IN THE UNITED STATES MAY BE A POTENTIAL CANDIDATE FOR THE AWARD. BUCKSBAUM LAUREATES ARE CHOSEN BY A JURY CONSISTING OF THE MUSEUM'S EXECUTIVE DIRECTOR, THE CHIEF CURATOR AND ASSOCIATE DIRECTOR FOR PROGRAMS, THE BIENNIAL CURATORS, AND A PANEL OF THREE SPECIALISTS IN CONTEMPORARY ART. THE LIST OF FINALISTS CONSISTS OF THE ARTISTS CHOSEN TO PARTICIPATE IN THE WHITNEY'S BIENNIAL EXHIBITION. SELECTION IS BASED ON PAST WORK, WORK INCLUDED IN THE WHITNEY BIENNIAL, AND THE LEVEL OF BENEFIT THE AWARD COULD PROVIDE TO THE ARTIST'S CAREER. EVERY TWO YEARS, THE MUSEUM HOSTS AN EXHIBITION OF NEW WORK CREATED BY THE WINNER OF THE BUCKSBAUM AWARD. SUCH EXHIBITIONS ARE PRECEDED BY VISITS WITH A CURATOR FROM THE MUSEUM WHICH REVIEWS THE ARTIST'S NEW WORK CREATED DURING THE TERM OF THE AWARD. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discretionary Spending Account | X | DiscretionarySpendingAccount |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (13 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ADAM D WEINBERG | ||||||||||||||
| ALICE PRATT BROWN DIRECTOR | 550493 | 0 | 0 | 0 | 184185 | 0 | 42976 | 0 | 24490 | 0 | 802144 | 0 | 0 | 0 |
| JOHN S STANLEY | ||||||||||||||
| CHIEF OPERATING OFFICER | 339771 | 0 | 0 | 0 | 1496 | 0 | 34847 | 0 | 8985 | 0 | 385099 | 0 | 0 | 0 |
| IDEHEN ARUEDE | ||||||||||||||
| CHIEF FINANCIAL OFFICER | 157500 | 0 | 0 | 0 | 117 | 0 | 7620 | 0 | 831 | 0 | 166068 | 0 | 0 | 0 |
| DONNA M DESALVO | ||||||||||||||
| CHIEF CURATOR & DEP. DIR. | 324800 | 0 | 0 | 0 | 1419 | 0 | 48436 | 0 | 8985 | 0 | 383640 | 0 | 0 | 0 |
| ALEXANDRA WHEELER | ||||||||||||||
| DEPUTY DIRECTOR FOR DEVELOPMENT | 287160 | 0 | 0 | 0 | 654 | 0 | 34598 | 0 | 24475 | 0 | 346887 | 0 | 0 | 0 |
| JEFFREY E LEVINE | ||||||||||||||
| MARKETING AND COMMUNIC. OFFICER | 194663 | 0 | 0 | 0 | 174 | 0 | 15385 | 0 | 443 | 0 | 210665 | 0 | 0 | 0 |
| STEPHANIE ADAMS | ||||||||||||||
| DIRECTOR OF PLANNED GIVING | 186638 | 0 | 0 | 0 | 164 | 0 | 14059 | 0 | 24242 | 0 | 225103 | 0 | 0 | 0 |
| CHRISTY L PUTNAM | ||||||||||||||
| ASSOCIATE DIRECTOR FOR EXHIBITIONS | 165000 | 0 | 0 | 0 | 911 | 0 | 52166 | 0 | 8699 | 0 | 226776 | 0 | 0 | 0 |
| CAROL C MANCUSI-UNGARO | ||||||||||||||
| ASSOC. DIR. CONSERVATION & RESEARCH | 203327 | 0 | 0 | 0 | 2332 | 0 | 33635 | 0 | 8798 | 0 | 248092 | 0 | 0 | 0 |
| JOHN COLLINS | ||||||||||||||
| CONTROLLER | 161852 | 0 | 0 | 0 | 309 | 0 | 14120 | 0 | 14363 | 0 | 190644 | 0 | 0 | 0 |
| KATHRYN A POTTS | ||||||||||||||
| ASSOCIATE DIRECTOR - EDUCATION | 152500 | 0 | 0 | 0 | 185 | 0 | 36884 | 0 | 383 | 0 | 189952 | 0 | 0 | 0 |
| AMY ROTH | ||||||||||||||
| DIRECTOR OF CORPORATE PARTNERSHIPS | 144525 | 0 | 0 | 0 | 103 | 0 | 7702 | 0 | 369 | 0 | 152699 | 0 | 0 | 0 |
| BARBARA HASKELL | ||||||||||||||
| CURATOR | 137401 | 0 | 0 | 0 | 1326 | 0 | 23343 | 0 | 24175 | 0 | 186245 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | THE MUSEUM'S DIRECTOR IS PROVIDED WITH A HOUSING ALLOWANCE AND REIMBURSEMENT FOR DEPENDENT CARE, UNDER CIRCUMSTANCES WHERE IT IS IN THE MUSEUM'S INTEREST FOR THE DIRECTOR AND SPOUSE TO ATTEND AFTER-HOURS OR OUT-OF-TOWN EVENTS. THE DIRECTOR ALSO HAS A DISCRETIONARY FUND TO BE USED FOR BUSINESS RELATED EXPENSES THAT ARE NOT OTHERWISE INCLUDED IN THE MUSEUM'S OPERATING BUDGET. NO PORTION OF THE DISCRETIONARY FUND IS FOR PERSONAL EXPENDITURES AND, AS SUCH, THE DISCRETIONARY FUND IS NOT RELATED TO THE DIRECTOR'S COMPENSATION. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 131789318 | IssuerEIN |
| CUSIP Number | 649717QZ1 | CUSIPNumber |
| Date Issued | 2011-08-01 | DateIssued |
| Issue Price | 134329619 | IssuePrice |
| Description Of Purpose | SEE PART V BELOW | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | 134335175 | TotalProceeds |
| Amount In Reserve Fund | 15415864 | AmountInReserveFund |
| Issuance Costs From Proceeds | 1422855 | IssuanceCostsFromProceeds |
| Capital Expenditures | 108656805 | CapitalExpenditures |
| Year Of Subst Completion | 2015 | YearOfSubstCompletion |
| Current Refunding | 0 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 1 | MngmentCntrctBondFinancdPrprty |
| Engage Bond Counsel Contracts | 1 | EngageBondCounselContracts |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Bond Iss Meet Prvt Security Pay Test | 0 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 1 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiled |
| Rebate Not Due Yet | 0 | RebateNotDueYet |
| Exception To Rebate | 0 | ExceptionToRebate |
| No Rebate Due | 0 | NoRebateDue |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | 1 | ProcToUndertkCorrectiveAction |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE K SUPPLENTAL INFORMATION | Identifier |
| Explanation | THE PROCEEDS OF THE BONDS WILL BE USED TO (I) FINANCE OR REIMBURSE A PORTION OF THE COSTS OF THE MUSEUM'S DOWNTOWN BUILDING PROJECT (II) FUND CAPITALIZED INTEREST ON THE BONDS; AND (III) FUND CERTAIN COSTS AND EXPENSES INCIDENTAL TO ISSUANCE OF THE BONDS AND RELATED PURPOSES. THE DIFFERENCE IN ISSUE PRICE AND TOTAL PROCEEDS IS DUE TO $5,555.75 OF INVESTMENT EARNINGS AS OF 6/30/13. FUNDS WERE CAPITALIZED FOR INTEREST PAYMENTS DURING THE CONSTRUCTION PERIOD ONLY. THE BALANCE OF CAPITALIZED INTEREST FUNDS AS OF 6/30/13 WAS $15,415,864. THE BOND PROCEEDS ARE BEING USED TO FINANCE THE CONSTRUCTION OF A NEW MUSEUM BUILDING. THE NEW BUILDING IS CURRENTLY UNDER CONSTRUCTION, AND IS EXPECTED TO BE COMPLETED IN THE FALL OF 2014 AND TO OPEN TO THE PUBLIC IN THE SPRING OF 2015. | Explanation |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 27 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 17416000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | AUCTION VALUE | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 31 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 5081000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | CONSTRUCTION | 1 | 1316000 | FAIR MARKET VALUE |
| X | VENDOR ITEMS | 1 | 147000 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 17 | NumberOf8283Received |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | IN ACCORDANCE WITH THE MUSEUM'S BY-LAWS, THE EXECUTIVE COMMITTEE CONSISTS ENTIRELY OF MUSEUM TRUSTEES. THE EXECUTIVE COMMITTEE CURRENTLY CONSISTS OF 20 MEMBERS AND IS COMPOSED OF CERTAIN TRUSTEE OFFICERS, CERTAIN TRUSTEE COMMITTEE CHAIRS, AND OTHER TRUSTEES ELECTED BY RESOLUTION OF THE BOARD OF TRUSTEES. BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, AND SUBJECT TO THE GENERAL POLICIES ESTABLISHED BY THE BOARD, THE EXECUTIVE COMMITTEE HAS ALL THE POWERS OF THE FULL BOARD, EXCLUDING (I) THE REMOVAL OF TRUSTEES AND OFFICERS, (II) APPOINTING OF COMMITTEE CHAIRS, AND (II) AMENDING THE BY-LAWS. | |
| FORM 990, PART VI, SECTION A, LINE 2 | MELVA BUCKSBAUM (VICE CHAIRMAN) AND RAYMOND J. LEARSY (TRUSTEE) - FAMILY RELATIONSHIP. THOMAS H. LEE (TRUSTEE) AND JONATHAN O. LEE (TRUSTEE) - FAMILY RELATIONSHIP. | |
| FORM 990, PART VI, SECTION A, LINE 4 | IN MAY 2013, THE MUSEUM AMENDED ITS BYLAWS. THE REVISIONS TO THE BYLAWS EXPANDED THE SIZE OF THE BOARD TO A MAXIMUM OF 50 ELECTIVE TRUSTEES AND TWO EX-OFFICIO TRUSTEES, AN INCREASE FROM A MAXIMUM OF 45 ELECTIVE TRUSTEES. IN ADDITION, THE CHANGES PROVIDED THAT WHEN IN THE BEST INTERESTS OF THE MUSEUM TO PRESERVE CONTINUITY OF LEADERSHIP, SUCH AS THE COMPLETION OF A MAJOR BUILDING PROJECT OR CAPITAL CAMPAIGN, UPON THE DETERMINATION BY THE BOARD, A PRESIDENT MAY SERVE UP TO TWO ADDITIONAL ONE-YEAR TERMS. FINALLY, THE CHANGES TO THE BYLAWS EXPANDED THE SIZE OF THE EXECUTIVE COMMITTEE BY TWO MEMBERS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE MUSEUM'S FORM 990 TAX FILING IS COMPILED BASED ON INFORMATION OBTAINED FROM THE MUSEUM'S GENERAL LEDGER, AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL SYSTEMS. THE MUSEUM'S CHIEF FINANCIAL OFFICER, SENIOR FINANCE/ACCOUNTING STAFF, GENERAL COUNSEL AND EXTERNAL TAX ADVISORS PARTICIPATE IN A SERIES OF DETAILED REVIEWS OF ALL INFORMATION TO BE INCLUDED IN THE FILING. ALL INFORMATION INCLUDED IN THE RETURN IS REVIEWED BY THE GROUP FOR ACCURACY AND CONTENT. THE COMPLETED FORM 990 AND RELATED SCHEDULES ARE ALSO PROVIDED TO THE MUSEUM'S SENIOR MANAGEMENT AND REVIEWED IN DETAIL WITH THE CHIEF OPERATING OFFICER. FINALLY, A PUBLIC INSPECTION COPY IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. THE MUSEUM'S EXTERNAL TAX ADVISORS FILE THE FORM 990 ELECTRONICALLY WITH THE INTERNAL REVENUE SERVICE. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE MUSEUM'S CODE OF CONDUCT CONTAINS DETAILED DISCLOSURE REQUIREMENTS WITH RESPECT TO THE CONFLICTS OF INTERESTS FOR ITS BOARD AND STAFF. ANNUALLY THE BOARD AND OFFICERS OF THE MUSEUM COMPLETE A CONFLICTS OF INTEREST QUESTIONNAIRE. RESPONSES ARE COMPILED, REVIEWED WITH THE GENERAL COUNSEL AND CHIEF OPERATING OFFICER, AND FORWARDED TO THE PRESIDENT. IF A CONFLICT IS DISCLOSED, BOARD MEMBERS WITH POTENTIAL CONFLICTS MAY NOT PARTICIPATE IN DELIBERATIONS AND NEED TO RECUSE THEMSELVES FROM VOTING ON PARTICULAR MATTERS. IN ADDITION, EMPLOYEES ARE ASKED ANNUALLY TO REVIEW AND ACKNOWLEDGE COMPLIANCE WITH THE MUSEUM'S CODE OF CONDUCT. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE WHITNEY HAS A HUMAN RESOURCES/COMPENSATION COMMITTEE OF THE BOARD. MEMBERS INCLUDE THE CHAIRMAN, PRESIDENT, CHAIR OF THE FINANCE COMMITTEE ALONG WITH THREE OTHER TRUSTEES. THE COMMITTEE MEETS ANNUALLY TO REVIEW PERFORMANCE AND COMPENSATION FOR THE DIRECTOR AND THREE OTHER SENIOR MEMBERS OF STAFF: CHIEF OPERATING OFFICER, CHIEF CURATOR/DEPUTY DIRECTOR AND DEPUTY DIRECTOR FOR DEVELOPMENT. AS PART OF THE PROCESS, THE COMMITTEE REVIEWS COMPARATIVE DATA OBTAINED FROM THREE TO FOUR INDEPENDENT SOURCES. THESE SOURCES PROVIDE DATA FOR SIMILAR POSITIONS IN NEW YORK CITY AS WELL AS NATIONALLY. THE COMPENSATION REVIEW PROCESS AS DESCRIBED ABOVE WAS LAST UNDERTAKEN IN 2013. | |
| FORM 990, PART VI, SECTION C, LINE 19 | AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE ON THE MUSEUM'S WEBSITE. ALL OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST. | |
| FORM 990, PART XI, LINE 9: | PENSION RELATED CHARGES OTHER THAN NET PERIODIC PENSION COSTS 1,711,000. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990 - GENERAL | AMOUNTS REFLECTED IN THE 2012 FORM 990 FOR THE YEAR ENDED JUNE 30, 2013 HAVE BEEN ROUNDED TO THE NEAREST THOUSAND TO CONFORM WITH THE PRESENTATION IN THE MUSEUM'S AUDITED FINANCIAL STATEMENTS. |
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