MAGNUM CULTURAL FOUNDATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- MAGNUM CULTURAL FOUNDATION (EIN 45-0573269)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-12
- IRS object ID
- 201443169349301829
- Schema version
- 2013v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-12T10:06:59-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134200651 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GANER GANER PLLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1995 BROADWAY 16TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10023 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450573269 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAGNUM CULTURAL FOUNDATION | BusinessNameLine1 |
| Business Name Line2 | D/B/A THE MAGNUM FOUNDATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MAGN | BusinessNameControlTxt |
| Phone | 2122191248 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 300 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10276 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN MEISELAS | PersonNm |
| Person Title | PRESIDENT AND DIRECTOR | PersonTitleTxt |
| Phone | 2122191248 | PhoneNum |
| Signature | 2014-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MAXINE GANER | PreparerPersonNm |
| PTIN | P00290592 | PTIN |
| Phone | 2128731472 | PhoneNum |
| Preparation | 2014-11-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MAGNUM FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SUSAN MEISELAS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 300 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10276 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,513,772 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | MAGNUMFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Other | Yes (X) | TypeOfOrganizationOtherInd |
| Other Organization Dsc | FOUNDATION | OtherOrganizationDsc |
| Formation | 2007 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE MAGNUM CULTURAL FOUNDATION AIMS TO FOSTER PUBLIC EDUCATION AND AWARENESS BY STUDYING, PERSERVING, OWNING, EXHIBITING, HONORING,& TEACHING ABOUT PHOTOGRAPHIC TECHNIQUES,PROCESSES, MATERIALS AND PROPERTIES. THE FOUNDATION'S MISSION INCLUDES:(1)PROVIDING FINANCIAL SUPPORT TO PHOTOGRAPHERS TO DOCUMENT ISSUES OF LOCAL,NATIONAL, OR GLOBAL CONCERN BEFORE THEY REACH CRISIS PROPORTIONS, WITH A FOCUS ON SUBJECTS THAT HAVE NOT RECEIVED THE ATTENTION THEY DESERVE.(2)INCREASING THE IMPACT OF DOCUMENTARY PHOTOGRAPHY BY CONNECTING. PHOTOGRAPHERS AND THEIR WORK WITH NONPROFIT ORGANIZATIONS AND INDIVIDUALS COMMITTED TO SOCIAL CHANGE. (3)TRAINING THE NEXT GENERATION OF IMAGE-MAKERS AND MAKING AWARDS TO OUTSTANDING YOUNG PHOTOGRAPHERS COMMITTED TO DOCUMENTARY WORK.(4)PRESERVING AND MAKING ACCESSIBLE SIGNIFICANT DOCUMENTARY COLLECTIONS FROM THE PAST THAT ARE ESPECIALLY VALUABLE FOR UNDERSTANDING THE HISTORY OF EXPRESSION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $746,255 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,510,919 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $859 | PYInvestmentIncomeAmt |
| CY Investment Income | $465 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $2,388 | CYOtherRevenueAmt |
| PY Total Revenue | $747,114 | PYTotalRevenueAmt |
| CY Total Revenue | $1,513,772 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $177,642 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $48,425 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $104,681 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $15,667 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $564,070 | PYOtherExpensesAmt |
| CY Other Expenses | $683,898 | CYOtherExpensesAmt |
| PY Total Expenses | $612,495 | PYTotalExpensesAmt |
| CY Total Expenses | $966,221 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $134,619 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $547,551 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $873,825 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,438,441 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $21,791 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $38,856 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $852,034 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,399,585 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE FOUNDATION'S MISSION INCLUDES PROVIDING FINANCIAL SUPPORT TO PHOTOGRAPHERS TO DOCUMENT ISSUES OF LOCAL, NATIONAL, OR GLOBAL CONCERN BEFORE THEY REACH CRISIS PROPORTIONS, WITH A FOCUS ON SUBJECTS THAT HAVE NOT RECEIVED THE ATTENTION THEY DESERVE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $239,885 | ExpenseAmt |
| Grant | $91,112 | GrantAmt |
| Desc | EMERGENCY FUND: THE EMERGENCY FUND SUPPORTS EXPERIENCED PHOTOGRAPHERS WITH A COMMITMENT TO DOCUMENTING SOCIAL ISSUES, WORKING LONG-TERM, AND ENGAGING WITH AN ISSUE OVER TIME. PROJECTS ADDRESS CRITICAL GLOBAL ISSUES THAT HAVE NOT RECEIVED THE ATTENTION THEY DESERVE, OR BUDDING CRISES THAT ARE STILL OVER THE HORIZON. PHOTOGRAPHERS RETAIN THE COPYRIGHT TO THEIR WORK AND DISTRIBUTE IT WIDELY: THROUGH TRADITIONAL AND NEW MEDIA, IN COLLABORATION WITH NONPROFITS OR NGOS, AND ON THE EMERGENCY FUND WEBSITE.EACH YEAR, A DIVERSE GROUP OF PHOTOGRAPHY PROFESSIONALS NOMINATE 100 PROFESSIONAL PHOTOGRAPHERS TO SUBMIT PROPOSALS. AN INDEPENDENT EDITORIAL BOARD SELECTS 10 TO 20 PHOTOGRAPHERS BASED ON THE STRENGTH OF THEIR PROPOSALS AND THE IMPORTANCE OF THE ISSUES THEY PROPOSE TO ADDRESS TO SUPPORT. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $129,757 | ExpenseAmt |
| Desc | BE SEEN:OVER MANY DECADES, MAGNUM PHOTOS HAS COLLABORATED WITH HUMAN RIGHTS AND HUMANITARIAN AID ORGANIZATIONS TO GROUND THEIR REPORTS AND CAMPAIGNS IN IMAGES THAT VIVIDLY CAPTURE WHAT IS AT STAKE AND, EQUALLY IMPORTANT, WHAT IS POSSIBLE THROUGH EFFECTIVE INTERVENTIONS AND REFORMS.TO MEET THE CURRENT DEMAND FROM NONPROFITS FOR VISUAL RESOURCES AND ASSISTANCE, AND TO SERVE A GREATER NUMBER AND VARIETY OF NONPROFITS AND INDIVIDUAL AGENTS OF CHANGE WORLDWIDE, THE MAGNUM FOUNDATION CREATED BE SEEN. THE PROGRAM TAPS MAGNUM PHOTO'S VAST IMAGE LIBRARY, AND DRAWS ON DECADES OF EXPERIENCE USING THE POWER OF VISUAL RESOURCES TO CREATE TIPPING POINTS OF PERCEPTION, BECAUSE IN TODAY'S WORLD, THE ABILITY TO MAKE A DIFFERENCE MAY HINGE ON THE ABILITY TO BE SEEN. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $175,745 | ExpenseAmt |
| Desc | LEGACY: THE LEGACY PROGRAM CONDUCTS ARCHIVAL ASSESSMENTS OF PHOTOGRAPHERS' ESTATES, SUPPORTS SCHOLARLY RESEARCH, AND COLLABORATES WITH SELECTED PARTNERS TOWARD THE DEVELOPMENT OF PROJECTS RELATED TO THE HISTORY OF MAGNUM PHOTOS, AND THE LARGER HISTORY OF PHOTOGRAPHY TO WHICH IT WAS UNIQUELY CONTRIBUTED. THROUGH IT'S ARCHIVES, EXHIBITIONS AND PUBLICATIONS, AND EDUCATIONAL PROGRAMS, THE LEGACY PROGRAM SERVES AS A VITAL RESOURCE FOR THE INTERNATIONAL COMMUNITY OF SCHOLARS AND CURATORS, AS WELL AS THE GENERAL PUBLIC INTERESTED IN PHOTOGRAPHY. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $239,794 | ExpenseAmt |
| Grant | $86,530 | GrantAmt |
| Desc | VARIOUS PROGRAMS | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $239,794 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $86,530 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $785,181 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (1) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 2 | EmployeeCnt |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MAGNUM FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2122191248 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 256 MOTT STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10012 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| SUSAN MEISELAS | ||||||
| PRESIDENT & DIRECTOR | 20.00 | Yes (X) | $0 | $0 | $0 | |
| CHIEN-CHI CHANG | ||||||
| DIRECTOR | 0.30 | $0 | $0 | $0 | Yes (X) | |
| JON KARTT | ||||||
| DIRECTOR | 0.30 | $0 | $0 | $0 | Yes (X) | |
| CHRISTOPHER KLATELL | ||||||
| ASSISTANT SECRETARY | 3.50 | $0 | $0 | $0 | Yes (X) | |
| CATE MUTHER | ||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | |
| ORVILLE SCHELL | ||||||
| DIRECTOR | 0.30 | $0 | $0 | $0 | Yes (X) | |
| ALICE SACHS ZIMET | ||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | |
| JIM GOLDBERG | ||||||
| DIRECTOR | 0.30 | $0 | $0 | $0 | Yes (X) | |
| THOMAS HOEPKER | ||||||
| DIRECTOR | 0.30 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,510,919 | AllOtherContributionsAmt |
| Noncash Contributions | $122,133 | NoncashContributionsAmt |
| Total Contributions | $1,510,919 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $465 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $465 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PHOTOGRAPHY SALES | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $2,388 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,388 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,388 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,513,772 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,853 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,930 | TotalAmt |
| Program Services | $38,930 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $138,712 | TotalAmt |
| Program Services | $138,712 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,057 | TotalAmt |
| Program Services | $54,771 | ProgramServicesAmt |
| Management And General | $41,286 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,624 | TotalAmt |
| Program Services | $4,546 | ProgramServicesAmt |
| Management And General | $4,078 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,365 | TotalAmt |
| Management And General | $33,365 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,830 | TotalAmt |
| Management And General | $15,830 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,145 | TotalAmt |
| Program Services | $28,983 | ProgramServicesAmt |
| Management And General | $44,615 | ManagementAndGeneralAmt |
| Fundraising | $547 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $85,043 | TotalAmt |
| Program Services | $83,007 | ProgramServicesAmt |
| Management And General | $504 | ManagementAndGeneralAmt |
| Fundraising | $1,532 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,083 | TotalAmt |
| Management And General | $5,083 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FEES | $258,706 | $236,877 | $16,812 | $5,017 |
| PRINTING AND PRODUCTION | $110,015 | $106,836 | $601 | $2,578 |
| CREATIVE AND PHOTOGRAPH | $79,320 | $79,320 | $0 | $0 |
| WEBSITE | $11,768 | $8,618 | $3,150 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,623 | TotalAmt |
| Program Services | $4,581 | ProgramServicesAmt |
| Management And General | $49 | ManagementAndGeneralAmt |
| Fundraising | $5,993 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $966,221 | TotalAmt |
| Program Services | $785,181 | ProgramServicesAmt |
| Management And General | $165,373 | ManagementAndGeneralAmt |
| Fundraising | $15,667 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $693,941 | BOYAmt |
| EOY | $1,176,178 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,786 | BOYAmt |
| EOY | $15,569 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,500 | BOYAmt |
| EOY | $1,500 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $49,070 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $28,470 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,198 | BOYAmt |
| EOY | $20,600 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $121,400 | BOYAmt |
| EOY | $224,594 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $873,825 | BOYAmt |
| EOY | $1,438,441 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,791 | BOYAmt |
| EOY | $38,856 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,791 | BOYAmt |
| EOY | $38,856 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $423,171 | BOYAmt |
| EOY | $788,869 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $428,863 | BOYAmt |
| EOY | $610,716 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $852,034 | BOYAmt |
| EOY | $1,399,585 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $873,825 | BOYAmt |
| EOY | $1,438,441 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $547,551 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $319,800 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $592,107 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $652,217 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $700,370 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,510,919 | CurrentTaxYearAmt |
| Total | $3,775,413 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $319,800 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $592,107 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $652,217 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $700,370 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,510,919 | CurrentTaxYearAmt |
| Total | $3,775,413 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $3,775,413 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $859 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $465 | CurrentTaxYearAmt |
| Total | $1,324 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $859 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $465 | CurrentTaxYearAmt |
| Total | $1,324 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $45,883 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,388 | CurrentTaxYearAmt |
| Total | $48,271 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $319,800 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $592,107 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $652,217 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $747,112 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,513,772 | CurrentTaxYearAmt |
| Total | $3,825,008 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.98700 | PublicSupportCY509Pct |
| Public Support PY509 | 0.98010 | PublicSupportPY509Pct |
| Investment Income CY | 0.00030 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00040 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part IV Form990ScheduleAPartIVGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III LINE 12 | FormAndLineReferenceDesc |
| Explanation | THE PHOTOGRAHERS DONATE A CERTAIN PERCENTAGE OF THE PROCEEDS FROM THE SALE OF THE PHOTOS TO THE ORGANIZATION. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $49,070 | OtherCostOrOtherBasisAmt |
| Depreciation | $28,470 | DepreciationAmt |
| Book Value | $20,600 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $20,600 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| PRINT COLLECTION | $209,033 |
| SECURITY DEPOSIT | $1,500 |
| PAYROLL TAX OVERPAYMENT | $14,061 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $224,594 | TotalBookValueOtherAssetsAmt |
| Total Rev Etc Audited Fincl Stmt | $1,513,772 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,513,772 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,513,772 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $969,472 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $3,251 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $3,251 | ExpensesNotReportedAmt |
| Expenses Subtotal | $966,221 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $966,221 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | AS A CORE OBJECTIVE OF THE MAGNUM FOUNDATION, THE LEGACY PROGRAM PRESERVES, INTERPRETS, MANAGES, AND MAKES ACCESSIBLE MATERIALS RELATED TO THE HISTORY OF MAGNUM PHOTOS, AND TO THE LARGER HISTORY OF PHOTOGRAPHY TO WHICH MAGNUM HAS UNIQUELY CONTRIBUTED. THROUGH ITS ARCHIVES AND RELATED ACTIVITIES, THE LEGACY PROGRAM PROMOTES RESEARCH INTO, AND APPRECIATION OF, THE PHOTOGRAPHIC MEDIUM, WHILE SAFEGUARDING FOR POSTERITY BOTH PRIMARY SOURCE MATERIAL AND ORIGINAL OBJECTS. THE LEGACY PROGRAM CONDUCTS ARCHIVAL ASSESSMENTS OF PHOTOGRAPHERS' ESTATES AND SUPPORTS SCHOLARLY WORK ABOUT PHOTOGRAPHERS' CAREERS. THE LEGACY PROGRAM ALSO COLLABORATES WITH SELECTED PARTNERS TOWARD THE DEVELOPMENT OF LARGER-SCALE EXHIBITIONS, PUBLICATIONS, AND EDUCATIONAL PROJECTS. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | DEPRECIATION DIFFERENCE BOOK VS TAX |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $0 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $0 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (8 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt |
|---|---|---|---|---|
| SCHOLARSHIP TO NYU FOR 5-WEEK SUMMER PROGRAM ABOUT DOCUMENTING HUMAN RIGHTS ISSUES. | SOUTH AMERICA | 1 | $15,326 | PAID NYU DIRECTLY |
| SCHOLARSHIP TO NYU FOR 5-WEEK SUMMER PROGRAM ABOUT DOCUMENTING HUMAN RIGHTS ISSUES. | RUSSIA AND NEIGHBORING STATES | 1 | $15,326 | PAID NYU DIRECTLY |
| SCHOLARSHIP TO NYU FOR 5-WEEK SUMMER PROGRAM ABOUT DOCUMENTING HUMAN RIGHTS ISSUES. | SOUTH ASIA | 1 | $15,326 | PAID NYU DIRECTLY |
| SCHOLARSHIP TO NYU FOR 5-WEEK SUMMER PROGRAM ABOUT DOCUMENTING HUMAN RIGHTS ISSUES. | MIDDLE EAST AND NORTH AFRICA | 1 | $15,276 | PAID NYU DIRECTLY |
| SCHOLARSHIP TO NYU FOR 5-WEEK SUMMER PROGRAM ABOUT DOCUMENTING HUMAN RIGHTS ISSUES. | EAST ASIA AND THE PACIFIC | 1 | $15,276 | PAID NYU DIRECTLY |
| EMERGENCY FUND GRANT | EAST ASIA AND THE PACIFIC | 1 | $7,350 | WIRED TO INDIVIDUALS |
| EMERGENCY FUND GRANT | EUROPE (INCLUDING ICELAND & GREENLAND) | 5 | $43,617 | WIRED TO INDIVIDUALS |
| EMERGENCY FUND GRANT | MIDDLE EAST AND NORTH AFRICA | 1 | $11,215 | WIRED TO INDIVIDUALS |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| BURN EMERGING PHOTOGRAPHER AWARD | 1 | $10,000 |
| EMERGENCY FUND GRANTS | 4 | $28,930 |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $89,133 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | SERVICES | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $33,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS PROVIDED TO ALL MEMBERS. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS AVAILABLE UPON REQUEST. |
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