2014-11-10T10:38:07-06:00 2013-12-31 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2013-01-01 141457573 Storm King Art Center % DWAYNE JARVIS STOR 8455343115 1 MUSEUM ROAD Suite NEW WINDSOR NY 12553 John Stern PRESIDENT 8455343115 2014-11-06 true JULIE FLOCH P00736879 8455343115 2013 2015-11-30 17:44:51Z X JOHN P STERN 1 MUSEUM ROAD NEW WINDSOR NY 12553 9204799 false X STORMKING.ORG X 1960 NY OPERATES AND OPENS TO PUBLIC ENJOYMENT A WORLD-RENOWNED OUTDOOR MUSEUM OF MODERN SCULPTURE AND A NATIONALLY SIGNIFICANT AND ESTHETICALLY DESIGNED LANDSCAPE COVERING OVER 500 ACRE 17 15 59 33 3501 2251 3166022 4134023 727039 978036 1097037 986927 311264 154738 5301362 6253724 0 0 0 0 2196931 2186835 0 0 492912 3143781 3359446 5340712 5546281 -39350 707443 38567755 41866808 957037 642611 37610718 41224197 X OPERATES AND OPENS TO PUBLIC ENJOYMENT A WORLD-RENOWNED OUTDOOR MUSEUM OF MODERN SCULPTURE AND A NATIONALLY SIGNIFICANT AND ESTHETICALLY DESIGNED LANDSCAPE COVERING OVER 500 ACRES, AND WORKS TO CONSERVE ADJACENT LANDS AND WATERS TO PRESERVE THE INTEGRITY OF THE ART CENTER AND OF THE LARGER REGION IN WHICH IT IS LOCATED. false false 279270 978036 EXHIBITION: The Museum is dedicated to putting its collections on view in Mountainville NY and by loan elsewhere, as well as borrowing works of art for exhibition. The highest standards of scholorship, maintenance, installation, and interaction with the public all contribute to this critical exhibiting role. 113811 COLLECTION CONSERVATION: One of Storm King Art Center's principal duties is to keep its collections intact for future generations and to pass these on in optimum condition. To carry out this responsibility the Storm King Art Center strives to maintain effective programs of security, building maintenance, environmental control, and conservation. 3835690 EDUCATION: To provide a dynamic, cultural and educational program that enhances and enlivens the visitor's relationship with the art and landscape. Storm King offers opportunities for multiple levels of engagement and educational programming for visitors of all ages. 4228771 true true false false false false true true false false true true false false false true true false false false false false false false true false false false false true false false false false false false false false true false false false false false false false false true 31 0 true 59 true true true false false false false true true false false false false X 17 15 true false false false false false false true true false false false true true true true true true true false NY X DWAYNE JARVIS 8455343115 1 MUSEUM ROAD NEW WINDSOR NY 12553 JOHN P STERN PRESIDENT 52.0 X X 299025 0 13380 DAVID R COLLENS EXECUTIVE DIRECTOR 40.0 X X 164258 0 24607 DAVID DIAMOND TREASURER 2.0 X X 0 0 0 THOMAS RUSSO TRUSTEE 2.0 X 0 0 0 JAMES H OTTAWAY JR CHAIRMAN 2.0 X X 0 0 0 NICK OHNELL VICE-CHAIR 2.0 X X 0 0 0 THE DUKE OF DEVONSHIRE TRUSTEE 2.0 X 0 0 0 PETER BIENSTOCK TRUSTEE 2.0 X 0 0 0 ROBERTA DENNING TRUSTEE 2.0 X 0 0 0 ADAM WEINBERG TRUSTEE 2.0 X 0 0 0 THE DUKE OF DEVONSHIRE TRUSTEE 2.0 X 0 0 0 CHRISTOPHER J ELLIMAN TRUSTEE 2.0 X 0 0 0 NICHOLAS A POLSKY TRUSTEE 2.0 X 0 0 0 ANNE P SIDAMON-ERISTOFF TRUSTEE 2.0 X 0 0 0 RICHARD J SMITH TRUSTEE 2.0 X 0 0 0 BEATRICE STERN TRUSTEE 2.0 X 0 0 0 LISA STERN TRUSTEE 2.0 X 0 0 0 HUME R STEYER TRUSTEE 2.0 X 0 0 0 DWAYNE JARVIS ASSISTANT TREASURER 48.0 X 90592 0 5150 RACHEL COOKER DIRECTOR OF DEVELOPMENT 40.0 X 113269 0 6394 667144 0 49531 3 false true false 0 113595 885729 3134699 27817 4134023 ADMISSIONS FEES 900099 978036 978036 978036 314678 314678 0 0 30000 30000 0 30000 30000 3306809 88942 2639066 84436 667743 4506 672249 672249 115920 885729 115920 0 0 137394 111653 25741 25741 OTHER REVENUE 900099 95496 95496 K-1 PASS THROUGH GAIN 525990 3501 3501 98997 6253724 978036 3501 1138164 0 0 0 0 683967 547174 102595 34198 0 1108670 942369 77607 88694 72749 58200 10912 3637 158773 127018 23816 7939 162676 130141 24401 8134 157922 126338 23688 7896 14520 11616 2178 726 46000 36800 6900 2300 0 0 264406 264406 146158 116926 21924 7308 125088 100071 18763 6254 112350 75493 26072 10785 100197 75148 20039 5010 0 132834 106267 19925 6642 50046 32530 7507 10009 0 4858 2110 2505 243 215 215 0 708950 637717 71233 171539 120077 34308 17154 COST OF EXHIBITIONS 593532 593532 BUILDING AND GROUNDS 203857 173278 20386 10193 DEVELOPMENT/MEMBERSHIP 331331 66266 16567 248498 MISCELLANEOUS EXPENSE 195643 149700 28651 17292 5546281 4228771 824598 492912 1787065 2859734 463126 464099 314702 780781 0 0 0 0 0 0 0 0 275931 253912 71160 68707 27346635 15117574 12784912 12229061 10712896 13799307 12037594 11322083 0 0 0 0 120369 89124 38567755 41866808 634037 445950 0 0 0 0 0 0 0 0 0 0 0 0 323000 196661 0 0 957037 642611 X 36071253 39080337 1539465 2143860 0 0 37610718 41224197 38567755 41866808 707443 2906036 X false true X true false X 1776786 2673931 4028005 3166022 4134023 15778767 0 0 1776786 2673931 4028005 3166022 4134023 15778767 7111725 8667042 229168 176292 210823 211019 314678 1141980 0 1842 123224 116453 321419 95496 658434 17579181 3667898 0.49303 0.45993 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 30.00 1 1 1 false true X X X X false 5287895 5287895 6904645 4001109 2903536 15154095 11116465 4037630 12229061 LP INVESTMENTS 11322083 F 11322083 0 0 X 8890849 2906036 2906036 5984813 264405 4506 268911 6253724 5277370 5277370 264405 4506 268911 5546281 Schedule D Part III, LINE 4 Storm King Art Center's permanent collection includes more than 120 world-class examples of modern and contemporary art. The collection is primarily comprised of large-scale sculpture suited for outdoor display across Storm King's 500 acres, including stellar examples of work by artists such as David Smith, Magdalena Abakanowitz, and Louise Nevelson. Some works, including those by Maya Lin, Richard Serra, Robert Grosvenor, and Andy Goldsworthy, were created specifically for display at Storm King. Dispersed among works in the permanent collection are sculptures on long-term loan to Storm King. Exhibitions take place both within Storm King's museum building's galleries and outdoors, complementing Storm King's long-term displays. Schedule D Part II, LINE 9 IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, PURCHASED AND DONATED ARTWORKS ARE NOT INCLUDED IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION, NOR ARE THE LOAN VALUES ASSOCIATED WITH BORROWED ARTWORKS. IN 2013, TOTAL ARTWORK WAS INSURED BY THE ART CENTER FOR $125 MILLION. THE FAIR VALUE OF BORROWED ARTWORKS APPROXIMATED $95,738,000 IN 2013. IT IS THE ART CENTER'S POLICY TO INSURE TRANSPORTED ITEMS IN THE COLLECTIONS AT THEIR CURRENT FAIR MARKET VALUE. Schedule D part X, LINE 2 The Art Center adopted the provisions of the Financial Accounting Standards Board's ("FASB") Accounting Standards Codification ("ASC") Topic 740-10-05 relating to accounting and reporting for uncertainty in income taxes. Because of the Art Center's general tax-exempt status, the adoption of ASC Topic 740-10-05 has not had, and is not expected to have, a material impact on the Art Center's financial statements. The Art Center is no longer subject to examination by federal or state tax authorities for years prior to 2010. PART XI AND XII, 4B - OTHER $4,506 REPRESENTS GAIN ON DISPOSAL OF ASSETS. GALA 753804 650454 103350 103350 SUMMER SOLSTICE 96845 84275 12570 12570 1 151000 151000 1001649 885729 115920 115920 115920 X X X X X false false false false false false false false false JOHN P STERN PRESIDENT 299025 0 0 0 0 0 12750 0 630 0 312405 0 0 0 DAVID R COLLENS EXECUTIVE DIRECTOR 164258 0 0 0 0 0 8661 0 15946 0 188865 0 0 0 X 6 151000 FMV X 3 27817 FMV false true false FORM 990, PART VI, SECTION B, LINE 11A THE RETURN IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD FOR REVIEW, COMMENTS AND APPROVAL. THE FINAL RETURN IS PROVIDED TO THE GOVERNING BOARD BY THE COMMITTEE FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR ALL EXECUTIVE COMMITTEE BOARD MEMBERS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY. ANY NEW MEMBERS ARE REQUIRED TO REVIEW THE POLICY BEFORE ACCEPTING THE POSITION. AT COMMITTEE MEETINGS ANY CONFLICT OF INTEREST ISSUES ARE RAISED, DISCUSSED AND RESOLVED AS NECESSARY. ALL BOARD MEMBERS ARE REQUIRED TO SIGN AND SUBMIT A CONFLICT OF INTEREST QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15B Compensation packages are reviewed annually by the Compensation Committee of the Board based on comparison to industry standards. Additional consideration is given to available funding sources for supporting the compensation package. FORM 990, PART VI, SECTION A, LINE 2 President and Board Member John Stern is the brother of the board members Lisa and Beatrice Stern. EXTENSION OF TIME TO FILE FORM 8868 APPLICATION FOR EXTENSION OF TIME TO FILE AN EXEMPT ORGANIZATION RETURN WAS FILED. FORM 990, PART VI, SECTION C, LINE 19 THE ART CENTER MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.