BALTIMORE MUSEUM OF ART INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- BALTIMORE MUSEUM OF ART INC (EIN 52-6000162)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-15
- IRS object ID
- 201401359349302875
- 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 J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-15T09:37:54-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420714325 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MCGLADREY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 INTERNATIONAL DRIVE SUITE 1400 | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21202 | 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 | 526000162 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BALTIMORE MUSEUM OF ART | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | BALT | NameControl |
| Phone | 4435731839 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 ART MUSEUM DRIVE | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21218 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DOREEN BOLGER | Name |
| Title | DIRECTOR | Title |
| Phone | 4435731711 | Phone |
| Date Signed | 2014-05-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES P SWEENEY CPA | Name |
| PTIN | P01263012 | PTIN |
| Phone | 4102469300 | 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 | DOREEN BOLGER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 ART MUSEUM DRIVE | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21218 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 27543692 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.ARTBMA.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1914 | YearFormation |
| State Legal Domicile | MD | StateLegalDomicile |
| Activity Or Mission Description | THE BALTIMORE MUSEUM OF ART SEEKS INNOVATION AND EXCELLENCE IN AN ARTISTIC PROGRAM (SEE SCH. O) THAT FOCUSES ON ART OF THE MODERN ERA, FROM THE 19TH CENTURY TO THE PRESENT. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 35 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 35 | NbrIndependentVotingMembers |
| Total Nbr Employees | 237 | TotalNbrEmployees |
| Total Nbr Volunteers | 165 | TotalNbrVolunteers |
| Total Gross UBI | 84225 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -800 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 10106295 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 16777799 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 832859 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 623054 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3577675 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3556667 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 439316 | OtherRevenuePriorYear |
| Other Revenue Current Year | 273895 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 14956145 | TotalRevenuePriorYear |
| Total Revenue Current Year | 21231415 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 8286665 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 8217448 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 72000 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 72000 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1403145 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 7544966 | OtherExpensePriorYear |
| Other Expenses Current Year | 10069054 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 15903631 | TotalExpensesPriorYear |
| Total Expenses Current Year | 18358502 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -947486 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2872913 | RevenuesLessExpensesCY |
| Total Assets BOY | 91526824 | TotalAssetsBOY |
| Total Assets EOY | 101922740 | TotalAssetsEOY |
| Total Liabilities BOY | 14489062 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 14148065 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 77037762 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 87774675 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE BALTIMORE MUSEUM OF ART SEEKS INNOVATION AND EXCELLENCE IN AN ARTISTIC PROGRAM THAT FOCUSES ON ART OF THE MODERN ERA, FROM THE 19TH CENTURY TO THE PRESENT. THE MUSEUM IS COMMITTED TO CREATING AN ENVIRONMENT THAT INSPIRES CREATIVITY, ENCOURAGES LEARNING, AND FOSTERS HUMAN UNDERSTANDING IN A PLACE WHERE EVERYONE FEELS WELCOME. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 8605120 | Expense |
| Description | OPERATIONSOPENED IN 1929 AS A SINGLE BUILDING ADJACENT TO THE CAMPUS OF THE JOHNS HOPKINS UNIVERSITY, THE BMA NOW COMPRISES 10 CONTIGUOUS BUILDINGS AND WINGS (210,000 SQ. FT.), ONE HISTORIC STRUCTURE, AND TWO OUTDOOR SCULPTURE GARDENS (3 ACRES), AS WELL AS FOUR PARKING LOTS. THE MUSEUM HAS REPLACED ALL OF ITS TEN ROOFING SYSTEMS IN THE LAST 17 YEARS TO PREVENT DAMAGE TO THE COLLECTION FROM WATER INFILTRATION AND REDUCE ENERGY CONSUMPTION BY INCREASING THE INSULATION VALUE OF THE BUILDING ENVELOPE. THE MUSEUM HAS ALSO REGULARLY UPGRADED ITS MECHANICAL AND ELECTRICAL SYSTEMS TO ACHIEVE AND MAINTAIN A HIGH LEVEL OF COLLECTIONS CARE WHILE ALSO ACHIEVING ECONOMIES IN ENERGY MANAGEMENT AND PROCUREMENT. PREVENTATIVE MAINTENANCE OF THESE SYSTEMS WAS CARRIED OUT REGULARLY BY TWO ENGINEERS AND AN ELECTRICIAN. SECURITY WAS ASSURED THROUGH DILIGENT SUPERVISION OF 40 SECURITY GUARDS BY EXPERIENCED AND HIGHLY TRAINED SECURITY MANAGERS; UP-TO-DATE SECURITY POLICIES AND PROCEDURES; EFFECTIVE INTEGRATION OF THE CONTROL AND MAINTENANCE OF ELECTRONIC SYSTEMS; AND CROSS-DEPARTMENTAL RESPONSES TO INCIDENTS INVOLVING VISITORS AND/OR ART WORKS. THE FACILITY WAS STAFFED ON A 24-HOUR BASIS, AND AN EMERGENCY CONTACT LIST WAS MAINTAINED. THE BMA HAS A FULLY OPERATIONAL AND ADEQUATE FIRE DETECTION SYSTEM. THE BMA'S EMERGENCY PLAN IDENTIFIES APPROPRIATE RESPONSES TO PROBLEMS AND ASSIGNS AREAS OF RESPONSIBILITY TO SPECIFIC STAFF MEMBERS. FIRE AND EVACUATION PROCEDURES ARE CLEARLY OUTLINED AND REVIEWED WITH ALL STAFF. THE BMA IS EQUIPPED WITH AN EMERGENCY GENERATOR CAPABLE OF OPERATING CONTINUOUSLY FOR FIVE DAYS; EMERGENCY SUPPLIES ARE CENTRALLY LOCATED. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4167289 | Expense |
| Revenue | 582659 | Revenue |
| Description | COLLECTION CARE & EXHIBITIONSCARE OF THE BMA'S OUTSTANDING COLLECTION OF 90,000+ WORKS OF ART INVOLVES THE DEDICATED PROFESSIONAL CARE BY A TEAM OF CURATORS, CONSERVATORS, AND REGISTRARS, WHO CAREFULLY MONITOR ITS STORAGE, PRESERVATION, AND DOCUMENTATION. THE BMA COLLECTIONS AND FACILITY TEAM MAINTAINS AND MONITORS SAFE ENVIRONMENTAL RANGES, CURRENTLY 50% +/- 5% RELATIVE HUMIDITY AND 70 DEGREES +/- 2 DEGREES INDOOR TEMPERATURE, WHICH ARE DEEMED NECESSARY FOR ART PRESERVATION. BMA-ORGANIZED EXHIBITIONS, WHETHER IN BALTIMORE OR TRAVELLING NATIONALLY, ARE INSPIRED BY THE COLLECTION. IN FY 2013, EXHIBITIONS AND EDUCATION AND INTERPRETATION ACTIVITIES WERE LIMITED BY THE CLOSURE OF 60% OF THE INSTITUTION'S SPACES, INCLUDING THE PRINCIPAL EXHIBITION GALLERIES, DUE TO A COMPREHENSIVE, MULTI-YEAR FACILITY RENOVATION THAT WILL BE COMPLETED IN 2015. THE NOVEMBER 2012 RE-OPENING OF THE CONTEMPORARY WING OFFERED AN OPPORTUNITY TO REINTERPRET THE BMA'S HOLDINGS IN 19 RENOVATED GALLERIES (13,000 SQ.FT.) AND TO PRESENT A SERIES OF FOCUS EXHIBITIONS ON LIVING ARTISTS, IN BALTIMORE AND BEYOND: "FRONT ROOM: ZWELETHU MTHETHWA" (NOVEMBER 18, 2012-FEBRUARY 10, 2013); "BLACK BOX: ALLORA & CALZADILLA" (NOVEMBER 18, 2012-FEBRUARY 3, 2013); "GAIA" (NOVEMBER 18, 2012-MAY 5, 2013); "FRONT ROOM: SURREAL SELVES" (FEBRUARY 20-JULY 7, 2013); "ON PAPER: WORKS FROM THE COHEN COLLECTION" (FEBRUARY 13-AUGUST 25, 2013); "BLACK BOX: RAQS MEDIA COLLECTIVE" (FEBRUARY-JULY 2013). "THE BAKER ARTIST AWARD WINNERS 2012" (SEPTEMBER 5-OCTOBER 7, 2012) CONTINUED A FOUR-YEAR PARTNERSHIP WITH THE WILLIAM G. BAKER, JR. MEMORIAL FUND TO FEATURE LEADING ARTISTS IN THE COMMUNITY. TWO EXHIBITIONS WERE DRAWN ALMOST EXCLUSIVELY FROM THE COLLECTION, SUCH AS "MATISSE'S DANCERS" (NOVEMBER 14, 2012-FEBRUARY 24, 2013); AND "ON PAPER: DRAWINGS FROM THE THOMAS E. BENESCH MEMORIAL COLLECTION" (NOVEMBER 18, 2012-FEBRUARY 10, 2013). "MAX WEBER: BRINGING PARIS TO NEW YORK" (MARCH 3-JUNE 23, 2013) CONTINUED THE MUSEUM'S PRACTICE OF EXPLORING HENRI MATISSE AND HIS INFLUENCE ON 20TH-CENTURY MODERNISM. "COLLECTING MATISSE AND MODERN MASTERS: THE CONE SISTERS OF BALTIMORE" CIRCULATED TO THE NASHER MUSEUM OF ART AT DUKE UNIVERSITY, DURHAM, NORTH CAROLINA (NOVEMBER 3, 2012-FEBRUARY 10, 2013). AN IMPORTANT COMPONENT OF COMMUNITY OUTREACH, STUDENT ART FROM BALTIMORE CITY PUBLIC SCHOOLS AND BALTIMORE COUNTY PUBLIC SCHOOLS WAS DISPLAYED FROM MAY 1-12, 2013 TO THE DELIGHT OF STUDENTS AND FAMILIES, AS WELL AS THE 5,263 VISITORS TO THE EXHIBITIONS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2607424 | Expense |
| Revenue | 40395 | Revenue |
| Description | EDUCATION & INTERPRETATIONEDUCATIONAL PROGRAMS WERE ACCESSIBLE TO VISITORS OF ALL BACKGROUNDS, PARTICULARLY WITH THE BMA'S FREE GENERAL ADMISSION POLICY LAUNCHED IN 2006. BMA EDUCATORS USED A WIDE RANGE OF INTERPRETIVE STRATEGIES TO INTERPRET THE COLLECTION FOR A BROAD PUBLIC AUDIENCE, WHICH NUMBERED 205,404 IN FY2013. 11,980 SCHOOLCHILDREN TOOK FREE SCHOOL TOURS WITH VOLUNTEER DOCENTS TRAINED AT WEEKLY SESSIONS WITH CURATORS, EDUCATORS, CONSERVATORS, SCHOLARS, AND WORKING ARTISTS. TEACHER WORKSHOPS, THE BMA'S TEACHER RESOURCE CENTER, AND ELECTRONICALLY DISTRIBUTED ART-TO-GO PROVIDED EDUCATORS WITH MATERIALS AND TRAINING THEY NEED TO INTEGRATE BMA ARTWORKS INTO CLASSROOM ACTIVITIES, LINKING CLOSELY TO THE CURRICULUM. THE BMA ENGAGED THE WHOLE FAMILY IN LEARNING THROUGH FREE, DROP-IN ACTIVITIES, WHICH WERE EXPANDED IN RESPONSE TO THE INTERESTS OF NEW AUDIENCES ATTRACTED BY FREE ADMISSION. INTERPRETIVE FAMILY TOURS AND ART-MAKING WORKSHOPS WERE OFFERED ON SUNDAY AFTERNOONS. A WIDE RANGE OF PUBLIC PROGRAMS-LECTURES, PANEL DISCUSSIONS, GALLERY TALKS, SEMINARS, AND CLASSES-ENGAGED ADULT AUDIENCES WITH WORKS OF ART IN THE COLLECTION AND THE ISSUES AND IDEAS THAT SURROUND THEM. THE BMA SERVED AS A RESOURCE FOR COLLEGE AND UNIVERSITY TEACHING AT INSTITUTIONS IN THE BALTIMORE-WASHINGTON METROPOLITAN AREA, WHERE THERE ARE 200,000 COLLEGE AND UNIVERSITY STUDENTS. MARKETING AND COMMUNICATIONS STAFF PROMOTED THESE BMA EXHIBITIONS, PUBLICATIONS, AND EDUCATIONAL PROGRAMS TO A WIDE AUDIENCE THROUGH THE BMA WEBSITE WWW.ARTBMA.ORG AS WELL AS PRINT AND ELECTRONIC MEDIA. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 15379833 | 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 | 1 | 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 | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | 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 | 57 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 237 | 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 | 0 | Form8282PropertyDisposedOf |
| 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 | 35 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 35 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | 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 | 1 | 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 | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CHRISTINE DIETZE BONANNO | NamePerson |
| Telephone Number | 4435731838 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 ART MUSEUM DRIVE | AddressLine1 |
| City | BALTIMORE | City |
| State | MD | State |
| ZIP Code | 21218 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (42 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| FREDERICK S KOONTZ | |||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| STILES TUTTLE COLWILL | |||||||
| IMMEDIATE PAST CHAIR | 1.00 | X | X | 0 | 0 | 0 | |
| JAMES D THORNTON | |||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | |
| ALEXANDER C BAER | |||||||
| VICE-PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | |
| BEVERLY BENTLEY CARROLL | |||||||
| VICE-PRESIDENT | 1.00 | X | X | 0 | 0 | 0 | |
| LYNN DEERING | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| NANCY DORMAN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SANDRA LEVI GERSTUNG | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES W NEWHALL III | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| FREDERICA K SAXON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CLAIR ZAMOISKI SEGAL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| VIRGINIA ADAMS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM BACKSTROM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LEROY COMEGYS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| GWEN DAVIDSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| LAURENCE J EISENSTEIN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| AMY L GOULD | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PRISCILLA HOBLITZELL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CONNIE IMBODEN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| TONYA INGERSOL | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PATRICIA H JOSEPH | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| SUSAN B KATZENBERG | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| FREDERICK SINGLEY KOONTZ | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MADELINE E LACOVARA | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| KEITH A LEE | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD F LINDSTROM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CAROL MACHT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| JENNIFER O'HARA MARTIN | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT J MATHIAS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| AMY FRENKIL MEADOWS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MICHAEL MERSON | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PHYLLIS MEYERHOFF | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DONALD J PETERS | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| MICHAEL ROSENBAUM | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| HENRY L THAGGERT | |||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| DOREEN BOLGER STAFF | |||||||
| EXECUTIVE DIRECTOR/SECRETARY | 40.00 | X | 277414 | 0 | 80056 | ||
| CHRISTINE DIETZE BONANNO STAFF | |||||||
| CHIEF FINANCIAL OFFICER | 40.00 | X | 121562 | 0 | 28542 | ||
| ALAN DIRICAN STAFF | |||||||
| DEPUTY DIR. OF OPERATIONS | 40.00 | 133599 | 0 | 36905 | X | ||
| JUDITH GIBBS STAFF | |||||||
| DEPUTY DIR. OF DEVELOPMENT | 40.00 | 147359 | 0 | 20507 | X | ||
| BECCA SEITZ STAFF | |||||||
| DEPUTY DIR. OF M & C | 40.00 | 115079 | 0 | 32340 | X | ||
| ANNE MANNING STAFF | |||||||
| DEPUTY DIR. OF EDUCATION | 40.00 | 106809 | 0 | 25953 | X | ||
| JAY FISHER | |||||||
| DEPUTY DIR. OF CURATORIAL | 40.00 | 106224 | 0 | 19441 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1008046 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 243744 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| LEWIS CONTRACTORS | |||||
| 55 GWYNNS MILL COURT | OWINGS MILLS | MD | 21117 | CONSTRUCTION CONTRACTOR | 2921042 |
| ZIGER SNEAD LLP ARCHITECTS | |||||
| 1006 MORTON STREET | BALTIMORE | MD | 21201 | ARCHITECT | 641682 |
| MARSHALL CRAFT ASSOCIATES INC | |||||
| 6112 YORK ROAD | BALTIMORE | MD | 21212 | ARCHITECT | 249199 |
| SYNTHESIS | |||||
| 9175 GUILFORD ROAD | COLUMBIA | MD | 21046 | OWNER'S REP. | 170045 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Info In Schedule O Part VIII | X | InfoInScheduleOPartVIII |
| Membership Dues | 441134 | MembershipDues |
| Government Grants | 5377978 | GovernmentGrants |
| All Other Contributions | 10958687 | AllOtherContributions |
| Noncash Contributions | 1199112 | NoncashContributions |
| Total Contributions | 16777799 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TRAVELING EXHIBITS | 900099 | 427150 | 427150 |
| PROGRAM REVENUE | 900099 | 159602 | 159602 |
| EDUCATION & GROUP TOUR | 900099 | 36302 | 36302 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 623054 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1867602 | TotalRevenueColumn |
| Unrelated Business Revenue | 10 | UnrelatedBusinessRevenue |
| Exclusion | $1,867,592 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 112658 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 112658 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 112658 | TotalRevenueColumn |
| Exclusion | $112,658 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7344865 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5655800 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1689065 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1689065 | TotalRevenueColumn |
| Exclusion | $1,689,065 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 672317 | GrossSalesOfInventory |
| Cost Of Goods Sold | 656477 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 15840 | TotalRevenueColumn |
| Unrelated Business Revenue | 84215 | UnrelatedBusinessRevenue |
| Exclusion | -$68,375 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| PARKING REVENUE | 900099 | 135836 | $135,836 |
| DEACCESSIONS | 900099 | 9561 | $9,561 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 145397 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21231415 | TotalRevenueColumn |
| Related Or Exempt Function Income | 623054 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 84225 | UnrelatedBusinessRevenue |
| Exclusion | $3,746,337 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 397761 | Total |
| Program Services | 87817 | ProgramServices |
| Management And General | 213694 | ManagementAndGeneral |
| Fundraising | 96250 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5723034 | Total |
| Program Services | 4745018 | ProgramServices |
| Management And General | 295985 | ManagementAndGeneral |
| Fundraising | 682031 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1642691 | Total |
| Program Services | 1345432 | ProgramServices |
| Management And General | 180426 | ManagementAndGeneral |
| Fundraising | 116833 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 453962 | Total |
| Program Services | 368951 | ProgramServices |
| Management And General | 39486 | ManagementAndGeneral |
| Fundraising | 45525 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 104234 | Total |
| Program Services | 58199 | ProgramServices |
| Fundraising | 46035 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35772 | Total |
| Program Services | 15712 | ProgramServices |
| Management And General | 20060 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59000 | Total |
| Management And General | 59000 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18000 | Total |
| Management And General | 18000 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 72000 | Total |
| Fundraising | 72000 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 317589 | Total |
| Management And General | 317589 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 196421 | Total |
| Program Services | 116631 | ProgramServices |
| Fundraising | 79790 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 357701 | Total |
| Program Services | 242536 | ProgramServices |
| Management And General | 51888 | ManagementAndGeneral |
| Fundraising | 63277 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88697 | Total |
| Program Services | 88697 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5457317 | Total |
| Program Services | 5457317 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25994 | Total |
| Program Services | 19902 | ProgramServices |
| Management And General | 2936 | ManagementAndGeneral |
| Fundraising | 3156 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36561 | Total |
| Program Services | 27013 | ProgramServices |
| Management And General | 5022 | ManagementAndGeneral |
| Fundraising | 4526 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110041 | Total |
| Management And General | 83274 | ManagementAndGeneral |
| Fundraising | 26767 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 514494 | Total |
| Program Services | 423807 | ProgramServices |
| Management And General | 41315 | ManagementAndGeneral |
| Fundraising | 49372 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 192600 | Total |
| Management And General | 192600 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| EXHIBITION AND COLLECTI | 1260713 | 1260713 | ||
| ACCESSIONS | 706006 | 706006 | ||
| MISCELLANEOUS | 427262 | 255430 | 54249 | 117583 |
| EDUCATIONAL & ARTISTIC | 160652 | 160652 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18358502 | Total |
| Program Services | 15379833 | ProgramServices |
| Management And General | 1575524 | ManagementAndGeneral |
| Fundraising | 1403145 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 697324 | BOY |
| EOY | 1003803 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1245486 | BOY |
| EOY | 1507299 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6900666 | BOY |
| EOY | 5812291 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 192790 | BOY |
| EOY | 355126 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 302763 | BOY |
| EOY | 256320 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 10700606 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2009358 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11244087 | BOY |
| EOY | 8691248 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33238265 | BOY |
| EOY | 34044045 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36684742 | BOY |
| EOY | 48992466 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1020701 | BOY |
| EOY | 1260142 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 91526824 | BOY |
| EOY | 101922740 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2715278 | BOY |
| EOY | 1158508 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 212898 | BOY |
| EOY | 628570 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5823662 | BOY |
| EOY | 6326301 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4500000 | BOY |
| EOY | 4950000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1237224 | BOY |
| EOY | 1084686 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14489062 | BOY |
| EOY | 14148065 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25796135 | BOY |
| EOY | 27492490 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23570556 | BOY |
| EOY | 27209175 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27671071 | BOY |
| EOY | 33073010 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77037762 | BOY |
| EOY | 87774675 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 91526824 | BOY |
| EOY | 101922740 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2872913 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 7757067 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 106933 | 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 | 9878320 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9337867 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9162568 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 10106295 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16777799 | CurrentTaxYear |
| Total | 55262849 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9878320 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9337867 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9162568 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 10106295 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16777799 | CurrentTaxYear |
| Total | 55262849 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 4144343 | AmountsSubstContributorsTotal |
| Public Support Total170 | 51118506 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1610872 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1752679 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1869373 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1821839 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1980260 | CurrentTaxYear |
| Total | 9035023 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 191614 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 167763 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 183450 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 307139 | CurrentTaxYearMinus1Year |
| Current Tax Year | 145397 | CurrentTaxYear |
| Total | 995363 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 65293235 | TotalSupport |
| Gross Receipts From Admissions Etc | 7120787 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.78290 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.85600 | 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 | 1 | Volunteers |
| Paid Staff Or Management | 1 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 1 | MailingsMembers |
| Mailings Members | $25 | MailingsMembersAmount |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 1 | DirectContactLegislators |
| Direct Contact Legislators | $119 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $40,106 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 40250 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1: | ReturnReference |
| Explanation | IN FY13, MUSEUM STAFF, VOLUNTEERS, AND A PAID LOBBYIST COMMUNICATED WITH STATE ELECTED OFFICIALS AND STATE EMPLOYEES TO REQUEST BOND FUNDING FOR A CAPITAL PROJECT TO SUPPORT THE ANNUAL ALLOCATION TO THE MARYLAND STATE ARTS COUNCIL (MSAC). MSAC IS A STATE AGENCY THAT MAKES GRANTS TO CULTURAL NONPROFITS ORGANIZATIONS IN MARYLAND, INCLUDING THE BMA. THIS COMMUNICATION INCLUDED WRITING LETTERS AND EMAILS TO SPECIFIC OFFICIALS AND EMPLOYEES, TELEPHONE CALLS AND MEETINGS WITH SPECIFIC OFFICIALS AND EMPLOYEES, AND TRAVELING TO ANNAPOLIS TO PARTICIPATE IN MARYLAND ARTS DAY, A ANNUAL RALLY IN SUPPORT OF ARTS FUNDING ORGANIZED BY MARYLAND CITIZENS FOR THE ARTS, A NONPROFIT ORGANIZATION. | Explanation |
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 | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 66172610 | BeginningOfYearBalance |
| Contributions | 6199022 | Contributions |
| Investment Earnings Or Losses | 10213356 | InvestmentEarningsOrLosses |
| Other Expenditures | 3464023 | OtherExpenditures |
| End Of Year Balance | 79120965 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 66447969 | BeginningOfYearBalance |
| Contributions | 1780257 | Contributions |
| Investment Earnings Or Losses | 595338 | InvestmentEarningsOrLosses |
| Other Expenditures | 2650954 | OtherExpenditures |
| End Of Year Balance | 66172610 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 55430515 | BeginningOfYearBalance |
| Contributions | 2802971 | Contributions |
| Investment Earnings Or Losses | 13027060 | InvestmentEarningsOrLosses |
| Other Expenditures | 4812577 | OtherExpenditures |
| End Of Year Balance | 66447969 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 50164119 | BeginningOfYearBalance |
| Contributions | 1614896 | Contributions |
| Investment Earnings Or Losses | 7141615 | InvestmentEarningsOrLosses |
| Other Expenditures | 3490115 | OtherExpenditures |
| End Of Year Balance | 55430515 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 65413240 | BeginningOfYearBalance |
| Contributions | 1672733 | Contributions |
| Investment Earnings Or Losses | -14353665 | InvestmentEarningsOrLosses |
| Other Expenditures | 2568189 | OtherExpenditures |
| End Of Year Balance | 50164119 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.32670 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.39920 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.27410 | 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 | 472266 | OtherCostOrOtherBasis |
| Book Value | 472266 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7160202 | OtherCostOrOtherBasis |
| Depreciation | 1047324 | Depreciation |
| Book Value | 6112878 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1993251 | OtherCostOrOtherBasis |
| Depreciation | 266225 | Depreciation |
| Book Value | 1727026 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1074887 | OtherCostOrOtherBasis |
| Depreciation | 695809 | Depreciation |
| Book Value | 379078 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 8691248 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (8 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| HEDGE FUNDS OF FUNDS | 745652 | F |
| ISHARES RUSSELL 1000 GROWTH (IWF) | 6061571 | F |
| METROPOLITAN WEST FDS TOTAL RETURN BD FD CL I (MWTIX) | 7838854 | F |
| PRIVATE EQUITY FUNDS | 3338448 | F |
| SPDR S&P 500 ETF TRUST (SPY) | 12793817 | F |
| SPDR S&P DIVIDEND (SDY) | 6144420 | F |
| TWEEDY BROWNE FUND INC. GLOBAL VALUE FUND (TBGVX) | 6684218 | F |
| ISHARES MSCI ACWX EX US (ACWS) | 5385486 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 48992466 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| PAYABLES UNDER SPLIT INTEREST AGREEMENT | $926,186 |
| INTEREST RATE SWAP | $158,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1084686 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 29327370 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 7757067 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 7757067 | RevenueNotRptdF990 |
| Revenue Subtotal | 21570303 | RevenueSubtotal |
| Investment Expenses Not Included | 317589 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -656477 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -338888 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 21231415 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 18590457 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 549544 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 549544 | ExpensesNotRptdF990 |
| Expenses Subtotal | 18040913 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 317589 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 317589 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 18358502 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 1A: | THE MUSEUM'S PERMANENT COLLECTION CONSISTS OF OVER 90,000 OBJECTS. THE VALUE OF THE MUSEUM'S COLLECTION OF ART OBJECTS ARE NOT CAPITALIZED AND HAVE BEEN EXCLUDED FROM THE STATEMENTS OF FINANCIAL POSITION. CONTRIBUTED COLLECTION ITEMS ARE NOT RECOGNIZED AS CONTRIBUTION REVENUE. PURCHASES OF ART OBJECTS BY THE MUSEUM (ACCESSIONS) ARE FUNDED WITH TEMPORARILY RESTRICTED NET ASSETS AND ARE RECORDED AS NONOPERATING DECREASES IN NET ASSETS IN THE STATEMENTS OF ACTIVITIES. SALES OF ART OBJECTS BY THE MUSEUM (DEACCESSIONS) ARE RECORDED AS NONOPERATING INCREASES IN NET ASSETS IN THE STATEMENTS OF ACTIVITIES. | |
| PART III, LINE 4: | THE BALTIMORE MUSEUM OF ART SEEKS INNOVATION AND EXCELLENCE IN AN ARTISTIC PROGRAM THAT FOCUSES ON THE 19TH CENTURY TO THE PRESENT. THE COLLECTION CONSISTS OF 90,000 WORKS OF ART. THE MUSEUM IS COMMITTED TO CREATING AN ENVIRONMENT THAT INSPIRES CREATIVITY, ENCOURAGES LEARNING, AND FOSTERS HUMAN UNDERSTANDING IN A PLACE WHERE EVERYONE FEELS WELCOME. | |
| PART X, LINE 2: | THE MUSEUM ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS POLICY, THE MUSEUM MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS EVALUATED THE MUSEUM'S TAX POSITIONS AND HAS CONCLUDED THAT THE MUSEUM HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. THE MUSEUM IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE JUNE 30, 2010. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| RECLASSIFICATION OF COST OF GOODS SOLD -656,477. | PART XI, LINE 4B - OTHER ADJUSTMENTS: | |
| RECLASSIFICATION OF COST OF GOODS SOLD 656,477. GAIN ON INTEREST RATE SWAP -106,933. | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConducted |
| Total Expenditures | 1642261 | TotalExpenditures |
| 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 | 1642261 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 1642261 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | 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 |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
Name Of Organization NameOfOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TER MOLEN WATKINS & BRANDT | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 NORTH RIVERSIDE PLAZA | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60606 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | CAMPAIGN FUNDRAISING | Activity |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 72000 | AmountRetainedByContractor |
| Net To Organization | -72000 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 72000 | TotalRetainedByContractors |
| Total Net To Organization | -72000 | TotalNetToOrganization |
| Licensed States | MD | LicensedStates |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | 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 (4 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DOREEN BOLGER STAFF | ||||||||||||||
| EXECUTIVE DIRECTOR/SECRETARY | 273472 | 0 | 0 | 0 | 3942 | 0 | 62450 | 0 | 17606 | 0 | 357470 | 0 | 0 | 0 |
| CHRISTINE DIETZE BONANNO STAFF | ||||||||||||||
| CHIEF FINANCIAL OFFICER | 121562 | 0 | 0 | 0 | 0 | 0 | 7905 | 0 | 20637 | 0 | 150104 | 0 | 0 | 0 |
| ALAN DIRICAN STAFF | ||||||||||||||
| DEPUTY DIR. OF OPERATIONS | 133599 | 0 | 0 | 0 | 0 | 0 | 8852 | 0 | 28053 | 0 | 170504 | 0 | 0 | 0 |
| JUDITH GIBBS STAFF | ||||||||||||||
| DEPUTY DIR. OF DEVELOPMENT | 147359 | 0 | 0 | 0 | 0 | 0 | 9440 | 0 | 11067 | 0 | 167866 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | PART III | ReturnReference |
| Explanation | THE ORGANIZATION HAS ESTABLISHED A SECTION 457(F) PLAN FOR ITS HIGHEST COMPENSATED EMPLOYEE PARTICIPATION. THE MUSEUM MAINTAINS A SEPARATE ACCOUNT IN THE NAME OF THE PARTICIPANT WHO IS ENTITLED TO THE COMPENSATION. EMPLOYER CONTRIBUTIONS MAY BE MADE TO THE PLAN EACH YEAR IN AN AMOUNT SPECIFIED IN THE PARTICIPANT'S AGREEMENT. A PARTICIPANT IS ENTITLED TO RECEIVE A DISTRIBUTION OF AN AMOUNT EQUAL TO THE PARTICIPANT'S VESTED ACCOUNT, ON THE FIXED PAYMENT DATE SPECIFIED IN THE PARTICIPANT'S AGREEMENT. | 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 | MARYLAND ECONOMIC DEVELOPMENT CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 521376562 | IssuerEIN |
| CUSIP Number | NONEAVAIL | CUSIPNumber |
| Date Issued | 2010-12-20 | DateIssued |
| Issue Price | 8000000 | IssuePrice |
| Description Of Purpose | CURRENT REFUNDING OF 2006 ISSUE AND CONSTRUCTION PROJECT | 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 | 8000000 | TotalProceeds |
| Issuance Costs From Proceeds | 94250 | IssuanceCostsFromProceeds |
| Capital Expenditures | 3932051 | CapitalExpenditures |
| Other Spent Proceeds | 2300000 | OtherSpentProceeds |
| Amount Unspent | 1673699 | AmountUnspent |
| Current Refunding | 1 | 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 | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| 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 | 1 | RebateNotDueYet |
| Exception To Rebate | 0 | ExceptionToRebate |
| No Rebate Due | 0 | NoRebateDue |
| Variable Rate Issue | 1 | 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 | 1 | 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 | FORM 990, SCHEDULE K | Identifier |
| Explanation | THESE BONDS WERE ISSUED AS DRAW DOWN BONDS WITH A MAXIMUM AUTHORIZED DRAW DOWN AMOUNT OF $8,000,000. PART II REFLECTS THE PROCEEDS DRAWN AND SPENT AS OF JUNE 30, 2013. OTHER SPENT PROCEEDS IS THE AMOUNT OF THE BOND ISSUE USED TO REFUND THE 2006 ISSUE. | Explanation |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 547 | NumberOfContributions |
| Method Of Determining Revenues | EXCLUDED UNDER SFAS 116 | MethodOfDeterminingRevenues |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 36 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1199112 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 1 | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| THIRD PARTY USE: | PART I, LINE 32B: | PUBLIC AUCTION IS THE USUAL MECHANISM FOR THE DISPOSAL OF WORKS BEING DE-ACCESSIONED FROM THE COLLECTION AFTER REVIEW BY THE DIRECTOR, CURATORS, AN ACCESSIONS COMMITTEE AND FINAL APPROVAL BY THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES. THE MUSEUM DOES NOT USE A THIRD PARTY OR RELATED ORGANIZATION TO SOLICIT OR PROCESS NONCASH CONTRIBUTIONS. |
| NON REPORTING OF REVENUE: | PART I, LINE 33: | THE MUSEUM'S PERMANENT COLLECTION CONSISTS OF OVER 90,000 OBJECTS. IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTION OF ART OBJECTS IS NOT CAPITALIZED AND HAS BEEN EXCLUDED FROM THE STATEMENTS OF FINANCIAL POSITION, AND GIFTS OF ART OBJECTS ARE NOT RECOGNIZED AS CONTRIBUTED REVENUE. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE AUDIT COMMITTEE REVIEWS A COPY OF FORM 990 IN DETAIL. AFTER THE AUDIT COMMITTEE COMPLETES ITS REVIEW, A DRAFT IS SENT TO THE ENTIRE BOARD FOR COMMENTS PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BMA HAS A QUESTIONNAIRE THAT REQUIRES TRUSTEES WITH VOTING PRIVILEGES TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. ONE HUNDRED PERCENT OF VOTING TRUSTEES COMPLETED THE QUESTIONNAIRE AND CERTIFIED THE DOCUMENT WITH THEIR RESPECTIVE SIGNATURES. NO CONFLICTS OF INTEREST WERE IDENTIFIED. TRUSTEES ARE ASKED TO BRING ANY CONFLICTS OF INTEREST TO THE ATTENTION OF THE CHAIRMAN OF THE BOARD OF TRUSTEES AS CHAIR OF THE EXECUTIVE COMMITTEE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES RECOMMENDS COMPENSATION FOR THE DIRECTOR BASED ON PERFORMANCE AND THE REVIEW OF COMPARABLE DATA FROM SIMILAR INSTITUTIONS, THE BOARD OF TRUSTEES APPROVES THE ANNUAL OPERATING BUDGET WHICH INCLUDES COMPENSATION FOR THE DIRECTOR. THE DECISIONS OF THE COMPENSATION COMMITTEE ARE COMMUNICATED IN WRITING FROM THE BOARD CHAIR TO THE DEPUTY DIRECTOR FOR FINANCE AND ADMINISTRATION, WRITTEN NOTES ACCOMPANY THE BUDGET AND MINUTES OF THE BOARD OF TRUSTEES MEETINGS ARE MAINTAINED. THE MUSEUM PARTICIPATES ANNUALLY IN SALARY SURVEYS TO BENCHMARK COMPENSATION RANGES AGAINST PEER INSTITUTIONS. THE BOARD OF TRUSTEES APPROVES THE ANNUAL OPERATING BUDGET WHICH INCLUDES COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. WRITTEN NOTES ACCOMPANY THE BUDGET AND MINUTES OF THE BOARD OF TRUSTEES MEETINGS ARE MAINTAINED. | |
| FORM 990, PART VI, SECTION C, LINE 19 | BMA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART VIII, LINE 11A | FUNDS RECEIVED THROUGH THE SALE OF ART OBJECTS (DEACCESSIONS) ARE RESTRICTED FOR THE PURPOSE OF PURCHASING OTHER ART OBJECTS. | |
| FORM 990, PART XI, LINE 9: | GAIN ON INTEREST RATE SWAP 106,933. | CHANGES IN NET ASSETS OR FUND BALANCES: |
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