Currier Gallery of Art: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- Currier Gallery of Art (EIN 02-0223322)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-14
- IRS object ID
- 201411349349306501
- 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 D
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-14T15:23:42-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 010494526 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Newman & Noyes LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Box 507 | AddressLine1 |
| City | Portland | City |
| State | ME | State |
| ZIP Code | 04112 | 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 | 020223322 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Currier Museum of Art | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CURR | NameControl |
| Phone | 6036696144 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 Ash Street | AddressLine1 |
| City | Manchester | City |
| State | NH | State |
| ZIP Code | 03104 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Susan Strickler | Name |
| Title | Director & CEO | Title |
| Phone | 6036696144 | Phone |
| Date Signed | 2014-05-05 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Nicholas E Porto | Name |
| PTIN | P01310283 | PTIN |
| Phone | 2078792100 | 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 | Mary Christine Dwyer | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 Ash Street | AddressLine1 |
| City | Manchester | City |
| State | NH | State |
| ZIP Code | 03104 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 44653198 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.currier.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1919 | YearFormation |
| State Legal Domicile | NH | StateLegalDomicile |
| Activity Or Mission Description | Provide stimulating, diverse, and enjoyable encounters with original works of art. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 16 | NbrIndependentVotingMembers |
| Total Nbr Employees | 142 | TotalNbrEmployees |
| Total Nbr Volunteers | 87 | TotalNbrVolunteers |
| Total Gross UBI | -79452 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -79452 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 731374 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1418731 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 773627 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 557146 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1397908 | InvestmentIncomePriorYear |
| Investment Income Current Year | 8131040 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -17059 | OtherRevenuePriorYear |
| Other Revenue Current Year | 165868 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2885850 | TotalRevenuePriorYear |
| Total Revenue Current Year | 10272785 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 13770 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 14259 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2420800 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2603381 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 356154 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3700923 | OtherExpensePriorYear |
| Other Expenses Current Year | 8083577 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6135493 | TotalExpensesPriorYear |
| Total Expenses Current Year | 10701217 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3249643 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -428432 | RevenuesLessExpensesCY |
| Total Assets BOY | 100766013 | TotalAssetsBOY |
| Total Assets EOY | 102804067 | TotalAssetsEOY |
| Total Liabilities BOY | 9038165 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 7864223 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 91727848 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 94939844 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | The Currier Museum of Art is committed to providing stimulating, diverse, and enjoyable encounters with original works of art and, in doing so, hopes to inspire the hearts, minds and imagination of its members and visitors. (continued on Schedule O) The Museum provides the public with opportunities to learn about the past, appreciate and evaluate the present, and contemplate the future.The Currier is determined to serve all age groups and a culturally varied audience from New Hampshire and the surrounding region. The Museum aims to be a leader in developing innovative learning experiences that increase people's understanding, appreciation and enjoyment of the arts and humanities. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 8847277 | Expense |
| Grants | 0 | Grants |
| Revenue | 426856 | Revenue |
| Description | Art Museum: The Currier, an internationally renowned art museum, is New Hampshire's largest art museum with world class European and American art collections of over 13,000 objects that are at the core of its education, studio, and exhibition programs. An annual roster of 4-5 special exhibitions that complements the permanent collection displays are interpreted through a range of programs including guided tours, hands-on art making activities, artist talks, and on-line curriculum for teachers. There were approximately 68,000 visitors to the Museum. In addition to exhibition galleries, the museum facility includes: 2 classrooms, an 180-seat auditorium, winter garden, museum shop, cafe, and entrance plaza. The Currier's website (www.currier.org) provides information on all its programs. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 340892 | Expense |
| Grants | 14259 | Grants |
| Revenue | 245761 | Revenue |
| Description | Art Center: Open since 1939, the Art Center serves Manchester and surrounding communities with quality, studio-based educational programs in the visual arts. Year round programs include summer art camps, school vacation-week camps, fall and winter semester-long classes, master classes, and workshops. Some after-school programs are offered at select schools in the region. The Art Center provides a wide range of studio instruction for children, teens, and adults with annual enrollments of over 2,000. It offers scholarship assistance to students who demonstrate a financial need. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 109356 | Expense |
| Grants | 0 | Grants |
| Revenue | 60843 | Revenue |
| Description | Zimmerman House: The historic Isadore J. and Lucille Zimmerman House was designed by architect Frank Lloyd Wright. Included in the House is the original furniture designed by Wright and the Zimmermans' personal collection of modern art, pottery, and sculpture. The Zimmerman House draws about 4,000 visitors annually for tours of the House and grounds. The Zimmerman House is the only residence in New England designed by Frank Lloyd Wright that is open to the public. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 9297525 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | 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 | 0 | 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 | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | 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 | 0 | 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 | 35 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 142 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 16 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | NH | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sherry Collins CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6036696144 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 Ash Street | AddressLine1 |
| City | Manchester | City |
| State | NH | State |
| ZIP Code | 03104 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| Lucy Fowlkes Breed | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Dwight D Churchill | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| Pamela Diamantis | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Patrick Duffy | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Margaret Gaillard | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| David A Jensen | |||||||
| Trustee | 5.00 | X | 0 | 0 | 0 | ||
| Kendra Stearns O'Donnell | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Barbara Putnam | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Nike Speltz | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| John Swope | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Richard Thorner | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| William Upton | |||||||
| Trustee | 1.00 | X | 0 | 0 | 0 | ||
| Kimon S Zachos | |||||||
| Trustee | 2.00 | X | 0 | 0 | 0 | ||
| M Christine Dwyer | |||||||
| President | 5.00 | X | 0 | 0 | 0 | X | |
| Harry Shepler | |||||||
| Vice President & Treasurer | 3.00 | X | 0 | 0 | 0 | X | |
| John H Morison III | |||||||
| Clerk | 3.00 | X | 0 | 0 | 0 | X | |
| Susan E Strickler | |||||||
| Director & CEO | 40.00 | 176266 | 0 | 12081 | X | ||
| Sherry H Collins | |||||||
| CFO | 40.00 | 73984 | 0 | 9616 | X | ||
| Christine Louis | |||||||
| Director of Development | 40.00 | 110908 | 0 | 13334 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 361158 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 35031 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Membership Dues | 236996 | MembershipDues |
| Government Grants | 29775 | GovernmentGrants |
| All Other Contributions | 1151960 | AllOtherContributions |
| Noncash Contributions | 2500 | NoncashContributions |
| Total Contributions | 1418731 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Art Center Tuition | 611710 | 238748 | 238748 |
| Admissions | 713990 | 190088 | 190088 |
| Miscellaneous Revenue | 611710 | 107077 | 107077 |
| Public Programs | 611710 | 21233 | 21233 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 557146 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 714174 | TotalRevenueColumn |
| Exclusion | $714,174 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 79546 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 10540 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 69006 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 69006 | TotalRevenueColumn |
| Exclusion | $69,006 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 41626586 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 34209720 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 7416866 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7416866 | TotalRevenueColumn |
| Exclusion | $7,416,866 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 336467 | GrossSalesOfInventory |
| Cost Of Goods Sold | 160153 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 176314 | TotalRevenueColumn |
| Related Or Exempt Function Income | 176314 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Investment Partnerships | Description |
| Business Code | 523000 | BusinessCode |
| Total Revenue Column | -79452 | TotalRevenueColumn |
| Unrelated Business Revenue | -79452 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | -79452 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10272785 | TotalRevenueColumn |
| Related Or Exempt Function Income | 733460 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -79452 | UnrelatedBusinessRevenue |
| Exclusion | $8,200,046 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14259 | Total |
| Program Services | 14259 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 273322 | Total |
| Program Services | 9498 | ProgramServices |
| Management And General | 206842 | ManagementAndGeneral |
| Fundraising | 56982 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2021685 | Total |
| Program Services | 1524943 | ProgramServices |
| Management And General | 303003 | ManagementAndGeneral |
| Fundraising | 193739 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31039 | Total |
| Program Services | 24059 | ProgramServices |
| Management And General | 5108 | ManagementAndGeneral |
| Fundraising | 1872 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114146 | Total |
| Program Services | 94869 | ProgramServices |
| Management And General | 13310 | ManagementAndGeneral |
| Fundraising | 5967 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 163189 | Total |
| Program Services | 112987 | ProgramServices |
| Management And General | 33566 | ManagementAndGeneral |
| Fundraising | 16636 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 855 | Total |
| Management And General | 855 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34850 | Total |
| Management And General | 34850 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 207550 | Total |
| Management And General | 207550 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1200 | Total |
| Management And General | 1200 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 128913 | Total |
| Program Services | 109908 | ProgramServices |
| Fundraising | 19005 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103437 | Total |
| Program Services | 47983 | ProgramServices |
| Management And General | 47805 | ManagementAndGeneral |
| Fundraising | 7649 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59137 | Total |
| Program Services | 6701 | ProgramServices |
| Management And General | 47386 | ManagementAndGeneral |
| Fundraising | 5050 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 436112 | Total |
| Program Services | 397176 | ProgramServices |
| Management And General | 29537 | ManagementAndGeneral |
| Fundraising | 9399 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21810 | Total |
| Program Services | 13569 | ProgramServices |
| Management And General | 5444 | ManagementAndGeneral |
| Fundraising | 2797 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 550277 | Total |
| Program Services | 522764 | ProgramServices |
| Management And General | 27513 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 965354 | Total |
| Program Services | 911536 | ProgramServices |
| Management And General | 34752 | ManagementAndGeneral |
| Fundraising | 19066 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 91102 | Total |
| Program Services | 82032 | ProgramServices |
| Management And General | 8328 | ManagementAndGeneral |
| Fundraising | 742 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | FundraisingFundraising |
|---|---|---|---|
| Art Works Purchased | 4944770 | 4944770 | |
| Exhibitions & Collectio | 282930 | 282930 | |
| Public Programs/Service | 149095 | 149095 | |
| Development & Membershi | 63397 | 48446 | 14951 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42788 | Total |
| Management And General | 40489 | ManagementAndGeneral |
| Fundraising | 2299 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10701217 | Total |
| Program Services | 9297525 | ProgramServices |
| Management And General | 1047538 | ManagementAndGeneral |
| Fundraising | 356154 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 385845 | BOY |
| EOY | 182708 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 186251 | BOY |
| EOY | 8579983 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121731 | BOY |
| EOY | 82646 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25560 | BOY |
| EOY | 56175 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 78935 | BOY |
| EOY | 91977 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92751 | BOY |
| EOY | 120287 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 30980183 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 12388997 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19504633 | BOY |
| EOY | 18591186 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58205710 | BOY |
| EOY | 53026619 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22011206 | BOY |
| EOY | 22072486 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 153391 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100766013 | BOY |
| EOY | 102804067 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 187847 | BOY |
| EOY | 159126 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 119397 | BOY |
| EOY | 127521 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8730921 | BOY |
| EOY | 7577576 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9038165 | BOY |
| EOY | 7864223 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1522441 | BOY |
| EOY | 742515 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39713399 | BOY |
| EOY | 43705271 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50492008 | BOY |
| EOY | 50492058 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 91727848 | BOY |
| EOY | 94939844 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 100766013 | BOY |
| EOY | 102804067 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -428432 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 3640428 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| 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 | 617791 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 765957 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1105337 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 731374 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1418731 | CurrentTaxYear |
| Total | 4639190 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 617791 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 765957 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1105337 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 731374 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1418731 | CurrentTaxYear |
| Total | 4639190 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 381911 | AmountsSubstContributorsTotal |
| Public Support Total170 | 4257279 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 975790 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 896423 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 781604 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 908230 | CurrentTaxYearMinus1Year |
| Current Tax Year | 793720 | CurrentTaxYear |
| Total | 4355767 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -99399 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | -264121 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | -104765 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | -87531 | CurrentTaxYearMinus1Year |
| Current Tax Year | -79452 | CurrentTaxYear |
| Total | -635268 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 8359689 | TotalSupport |
| Gross Receipts From Admissions Etc | 4604656 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.50930 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.54850 | 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 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 | 78059694 | BeginningOfYearBalance |
| Contributions | 0 | Contributions |
| Investment Earnings Or Losses | 11447551 | InvestmentEarningsOrLosses |
| Other Expenditures | 7703626 | OtherExpenditures |
| Administrative Expenses | 201955 | AdministrativeExpenses |
| End Of Year Balance | 81601664 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 81100081 | BeginningOfYearBalance |
| Contributions | 0 | Contributions |
| Investment Earnings Or Losses | 384850 | InvestmentEarningsOrLosses |
| Other Expenditures | 3227873 | OtherExpenditures |
| Administrative Expenses | 197364 | AdministrativeExpenses |
| End Of Year Balance | 78059694 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 71148929 | BeginningOfYearBalance |
| Contributions | 0 | Contributions |
| Investment Earnings Or Losses | 14139170 | InvestmentEarningsOrLosses |
| Other Expenditures | 3974981 | OtherExpenditures |
| Administrative Expenses | 213037 | AdministrativeExpenses |
| End Of Year Balance | 81100081 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 66025890 | BeginningOfYearBalance |
| Contributions | 86669 | Contributions |
| Investment Earnings Or Losses | 8491322 | InvestmentEarningsOrLosses |
| Other Expenditures | 3272077 | OtherExpenditures |
| Administrative Expenses | 182875 | AdministrativeExpenses |
| End Of Year Balance | 71148929 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 78549199 | BeginningOfYearBalance |
| Contributions | 6644635 | Contributions |
| Investment Earnings Or Losses | -16132358 | InvestmentEarningsOrLosses |
| Other Expenditures | 2863874 | OtherExpenditures |
| Administrative Expenses | 171712 | AdministrativeExpenses |
| End Of Year Balance | 66025890 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.61550 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.38450 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 27497057 | OtherCostOrOtherBasis |
| Depreciation | 9980242 | Depreciation |
| Book Value | 17516815 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3483126 | OtherCostOrOtherBasis |
| Depreciation | 2408755 | Depreciation |
| Book Value | 1074371 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 18591186 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| Real estate investment funds | 1701706 | F |
| Alternative investments | 20370780 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 22072486 | TotalOfBookValueSecurities |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 13923753 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 3640428 | NetUnrealizedGainsInvestments |
| Other Revenues | 10540 | OtherRevenues |
| Revenue Not Rptd F990 | 3650968 | RevenueNotRptdF990 |
| Revenue Subtotal | 10272785 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 10272785 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 10711757 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 10540 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 10540 | ExpensesNotRptdF990 |
| Expenses Subtotal | 10701217 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 10701217 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part III, Line 1a: | The Museum has elected not to capitalize its collections and objects of art, including the Zimmerman House, all of which are significant to the Museum's operations and mission. The value of the objects acquired by gift, for which the Museum can make a reasonable estimate, totaled $828,500 and $331,450 for the years ended June 30, 2013 and 2012, respectively. An estimate of the total value of objects acquired by gift in years prior to 1997 is not readily determinable. The total value of gifts received since 1997 is $10,856,495. The total value of objects purchased from December 31, 1997 through June 30, 2013 and 2012 was $18,266,002 and $13,321,232, respectively. For the years ended June 30, 2013 and 2012, the Museum sold deaccessioned collections and objects of art totaling $8,830 and $16,201, respectively. The selling price of these items approximated their fair value. | |
| Part III, Line 4: | The Currier is New Hampshire's largest art museum with world-class European and American art collections of over 13,000 objects that are at the core of its education, studio, and exhibition programs. Comprised of the Museum, the Art Center, and the Frank Lloyd Wright-designed Zimmerman House, the Currier received reaccreditation from the American Alliance of Museums in November of 2012. In its 83-year history, the Museum has built collections of both international stature and regional importance. Today, the Museum's holdings of more than 13,000 objects include major works by such European masters as Tiepolo, Constable, Monet, Picasso, and Matisse, among many others. The American art collections are the most comprehensive in northern New England, and include works by Homer, Hassam, O'Keeffe, Calder, and Gottlieb, as well as extensive holdings of sculpture, photography, glass, silver, pewter, and furniture. The caliber of the collections matches that of many major metropolitan museums, and objects are frequently loaned to museums around the world. The Currier has a long-standing commitment to collect the best art made in New Hampshire in order to reflect the region's vital cultural traditions. An annual roster of 4-5 special exhibitions that complements the permanent collection displays are interpreted through a range of programs including guided tours, hands-on art making activities, artist talks, and through such resources as family guides. Approximately 6,500 students visit the Currier each year on a formal tour program. The Art Center offers year-round studio programs with annual enrollments of over 2,000 students from 40 surrounding communities. The Zimmerman House draws about 4,000 visitors annually on guided tours of about 12 visitors each. Outreach programs reach public schools, libraries, social service agencies and community organizations throughout the state. The Currier's collections are accessible to the public through the online collections database (www.currier.org), which includes images and basic data for all 13,000 objects in the collections and extended text entries for 300 key works. It also provides supplemental information to support the online curriculum for educators (curriculum.currier.org). The Currier's mission, approved by the Board in 1994, embraces the following principles: The Currier Museum of Art is committed to providing stimulating, diverse, and enjoyable encounters with original works of art and, in so doing, hopes to inspire the hearts, minds, and imagination of its members and visitors. It is dedicated to high standards of exhibition, preservation, research, interpretation and education, and enhancement of its collection. The Currier is determined to serve all age groups and a culturally varied audience from New Hampshire and the surrounding region. The Currier's vitality depends upon its responsiveness to changes in the arts and in society while maintaining a sound financial base on which to expand its activities. | |
| Part V, Line 4: | The endowment funds are used for museum operations, art acquisition, conservation, library book purchases, and scholarships. | Description of Intended Use of Endowment Funds: |
| Part X, Line 2: | The Internal Revenue Service, in a letter dated July 16, 2004, determined that the Museum is a publicly-supported charity under Internal Revenue Code Section 501(c)(3) and, therefore, not subject to federal income taxes or federal excise taxes imposed upon private foundations. Tax-exempt organizations could be required to record an obligation for income taxes as the result of a tax position they have historically taken on various tax exposure items including unrelated business income or tax status. In accordance with accounting principles generally accepted in the United States of America, assets and liabilities are established for uncertain tax positions taken or positions expected to be taken in income tax returns when such positions are judged to not meet the "more-likely-than-not" threshold, based upon the technical merits of the position. Management has evaluated the Museum's tax positions taken on its filed tax returns and concluded that the Museum has maintained its tax-exempt status, does not have any significant unrelated business income and has taken no uncertain tax positions that require adjustment to the financial statements. The Museum is no longer subject to income tax examinations by the federal or state tax authorities for years before 2010. | Description of Uncertain Tax Positions Under FIN 48: |
| Rental Expenses 10,540. | Part XI, Line 2d - Other Adjustments: | |
| Rental Expenses 10,540. | Part XII, Line 2d - Other Adjustments: |
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 | Scholarships provided to students in need to attend studio art classes | TypeOfGrant |
| Number Of Recipients | 63 | NumberOfRecipients |
| Amount Of Cash Grant | 14259 | 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: Applicants are required to fill out scholarship applications and provide either two copies of wage receipts or their latest tax return (Form 1040). | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Susan E Strickler | NamePerson |
| Title | Director & CEO | Title |
| Base Compensation Filing Org | 176266 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 5322 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 6759 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 188347 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
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 | NHHEFA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 020279866 | IssuerEIN |
| CUSIP Number | NONEAVAIL | CUSIPNumber |
| Date Issued | 2009-07-23 | DateIssued |
| Issue Price | 10700000 | IssuePrice |
| Description Of Purpose | Refinance prior issue | 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 |
| Amount Retired | 1153344 | AmountRetired |
| Amount Bond Defeased | 7577576 | AmountBondDefeased |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | 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 |
| 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 | 1 | 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 (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Schedule K Part IV, Arbitrage, Line 2c | Date Rebate Computation Performed | Issuer Name: NHHEFA Date the Rebate Computation was Performed: 04/01/2013 |
| Schedule K Supplental Information | Prepayments of the bond principal totaling $3,122,524 have been made since 7/23/2009 leaving a principal balance of $7,577,576 as of 6/30/2013. | |
| Schedule K, Part IV, Line 3 | On April 1, 2013, the Museum, the Authority, and the Purchaser amended the previously outstanding Series 2009 bonds agreement to reduce the fixed interest rate to 3.00% while maintaining the same interest reset dates and calculation, as well as the same debt covenants and collateral. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 19 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 2500 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | Stock exchange price | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 9 | NumberOf8283Received |
| 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: | The Organization sells all donations of securities through a third-party stockbroker. All donations of securities are sold as soon as administratively possible. |
| Non Reporting of Revenue: | Part I, Line 33: | Part I, Line 1 - The dollar value of gifts of artwork is not reported on Form 990, Part VIII, Line 1g, as the Museum does not capitalize its collections or report them as revenue, as allowed under SFAS 116. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, line 2 | Kimon S. Zachos and John H. Morison, III have a business relationship. |
| Form 990, Part VI, Section B, line 11 | The process for review of Form 990: This Form 990 was reviewed in depth by the Finance Committee, the Board Treasurer, Vice President, President, the Director and CEO, and the CFO with the outside CPA firm who prepared the return. The full Board receives a copy of the Form 990 prior to filing; however, the Finance Committee has been authorized by the Board of Trustees to review IRS Form 990 prior to filing in lieu of full Board review. |
| Form 990, Part VI, Section B, line 12c | Compliance with the Conflict of Interest Policy: The Currier Museum of Art's conflict of interest policy requires every trustee and officer to disclose any known or potential conflict of interest to the Board President prior to any action, decision, or vote occurring with the potential conflict. The trustee or officer having the potential conflict is not permitted to participate when the determination is made or when a decision or vote is taken where a conflict of interest may exist. Annually, every trustee and officer is required to disclose any conflicts of interest, or attest to the fact that there are none, in writing. The signed statements are sent to the CFO and the statements are reviewed by the Director and CEO and Board President. No conflicts of interest between the Currier Museum of Art and any member of its Board or officers have existed to date. |
| Form 990, Part VI, Section B, line 15 | The Board President annually requests from the Director of Operations and Human Resources current and historical compensation for the Director and CEO and key employees (executive staff). A copy of pertinent salary information found in the A.A.M.D. (American Association of Museum Directors) annual salary survey is also made available to the President. Form 990s of other similar organizations are reviewed when determining key employee compensation. An annual performance evaluation of the Director and CEO is done by the Board of Trustees. Evaluations are sent by each Board member to the Board President. During an executive session of the Board of Trustees, the Director and CEO's performance is reviewed and annual compensation is determined. A signed letter from the Board President approving the Director and CEO's compensation is given to the CFO and the Director of Operations and Human Resources. |
| Form 990, Part VI, Section C, line 19 | Governing documents, the conflict of interest policy, and financial statements are made available to the public upon request. Copies of these documents are also available to the public in the Currier Library. |
| Form 990, Part XII, Line 2c: | Oversight of audit and financial statements: The Finance Committee of the Currier Museum of Art meets annually with its independent audit/CPA firm. This meeting includes an executive session where the Director and CEO and the CFO are not present. The audit is completed in accordance with auditing standards generally accepted in the United States of America. The draft financial statements and management letter are presented by the CPA and thoroughly reviewed by the Finance Committee. After review and approval by the Finance Committee of the audited financial statements and management letter, the final audit is presented to the full Board for review and approval. This process has not changed from prior years. |
Comments