2026-01-19T11:54:22+00:00 2025-04-30 440160260 Forvis Mazars LLP 1201 Walnut Street Suite 1700 Kansas City MO 641062246 990 2024-05-01 440558499 The William Rockhill Nelson Trust WILL 8167510417 4525 OAK STREET KANSAS CITY MO 64111 JULIAN ZUGAZAGOITIA PRINCIPAL OFFICER 8167510417 2026-01-19 true true Michael Engle P00482834 8162216300 2026-01-19 2024 2025-03-06 01:10:19Z EVELYN CRAFT BELGER 4525 OAK STREET KANSAS CITY MO 64111 999032 false X WWW.NELSON-ATKINS.ORG X 1914 MO THE TRUST WAS CREATED TO ACQUIRE WORKS OF ART TO BE EXHIBITED FOR THE DELECTATION AND ENJOYMENT OF THE PUBLIC IN BUILDINGS PROVIDED FOR THAT PURPOSE. 26 26 0 26 0 0 0 0 0 937554 999032 0 0 937554 999032 1940821 1914476 0 0 0 0 0 0 0 4515 4307 1945336 1918783 -1007782 -919751 74362641 83351780 4200 38800 74358441 83312980 THE TRUST WAS CREATED FOR THE PURPOSE OF ACQUIRING WORKS OF ART TO BE EXHIBITED FOR THE DELECTATION AND ENJOYMENT OF THE PUBLIC IN BUILDINGS PROVIDED FOR THAT PURPOSE. false false 1914476 1914476 THE WILLIAM ROCKHILL NELSON TRUST PROVIDES ANNUAL OPERATIONAL SUPPORT TO THE NELSON GALLERY FOUNDATION BASED ON A BOARD APPROVED SPENDING POLICY. 1914476 true false false false false false false true false true true true false true false false false true false false false false false false false false false true false true false false false false false false false false false false false false false false false true true false false false true 1 0 true 0 false false false false false false false false false false false false X 26 26 true false false false false true false true true false false false true true true true true true false false false false MO X TAMMY BLUHM 8167510417 4525 OAK STREET KANSAS CITY MO 64111 EVELYN CRAFT BELGER BOARD CHAIR 0.3 3.0 X X 0 0 0 RAMON MURGUIA BOARD SECRETARY 0.3 1.0 X X 0 0 0 SANDRA A J LAWRENCE BOARD TREASURER 0.3 1.0 X X 0 0 0 ALEJANDRO SANCHEZ ALVARADO TRUSTEE 0.3 1.0 X 0 0 0 ANDREA FEINBERG TRUSTEE 0.3 1.0 X 0 0 0 ANN KAUFMANN BAUM TRUSTEE 0.3 1.0 X 0 0 0 BILL GAUTREAUX TRUSTEE 0.3 1.0 X 0 0 0 BILL LYONS TRUSTEE 0.3 1.0 X 0 0 0 DON HALL JR TRUSTEE 0.3 1.0 X 0 0 0 DR VALERIE E CHOW TRUSTEE 0.3 1.0 X 0 0 0 GREG MADAY TRUSTEE 0.3 1.0 X 0 0 0 KENT SUNDERLAND TRUSTEE 0.3 1.0 X 0 0 0 LEO MORTON TRUSTEE 0.3 1.0 X 0 0 0 LEWIS GREGORY TRUSTEE 0.3 1.0 X 0 0 0 MARK O'CONNELL TRUSTEE 0.3 1.0 X 0 0 0 MARNY SHERMAN TRUSTEE 0.3 1.0 X 0 0 0 NEIL KARBANK TRUSTEE 0.3 1.0 X 0 0 0 PAUL DEBRUCE TRUSTEE 0.3 1.0 X 0 0 0 PETE BROWNE TRUSTEE 0.3 1.0 X 0 0 0 RAMIN CHERAFAT TRUSTEE 0.3 1.0 X 0 0 0 RICHARD C GREEN TRUSTEE 0.3 1.0 X 0 0 0 SCOTT FRANCIS TRUSTEE 0.3 1.0 X 0 0 0 SHIRLEY HELZBERG TRUSTEE 0.3 1.0 X 0 0 0 STEVE MCDOWELL TRUSTEE 0.3 1.0 X 0 0 0 SUSAN CHAMBERS TRUSTEE 0.3 1.0 X 0 0 0 TIM DUNN TRUSTEE 0.3 1.0 X 0 0 0 JULIAN ZUGAZAGOITIA DIRECTOR/CEO 1.0 35.0 X 0 821428 159652 0 821428 159652 0 false true false 0 0 0 0 0 0 0 999032 999032 0 0 0 0 0 0 0 0 0 999032 0 0 999032 1914476 1914476 4307 4307 0 0 0 0 0 0 0 0 1918783 1914476 4307 0 2500000 2500000 5158280 5048453 0 0 0 0 30000 0 30000 30000 18505426 18965552 41506266 0 29203383 34267061 74362641 83351780 4200 38800 0 0 0 0 4200 38800 X 74358441 83312980 74358441 83312980 74362641 83351780 X -919751 5949766 3924524 X false true true false X X 1 THE NELSON GALLERY FOUNDATION 446012977 7 true 1914476 0 1 1914476 0 true false false false false false false false false false false false false false false true false X X X X false 35811508 6103656 1914476 40000688 35954187 1802657 1940821 4515 35811508 37034255 824561 1900079 4550 35954187 39280667 -472626 1769663 4123 37034255 31415777 9665838 1800948 39280667 0.0 0.2734 0.7266 true false 30000 30000 30000 Closely-held equity interests Financial derivatives ALTERNATIVE INVESTMENTS 41506266 F 41506266 TRUSTS HELD BY OTHER 34267061 34267061 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 UNCERTAIN TAX POSITIONS DISCLOSURE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 1a Collections of art - financial statement footnote IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE COLLECTIONS THAT WERE ACQUIRED THROUGH PURCHASES BY THE BOARD OF TRUSTEES AND CONTRIBUTIONS SINCE THE INCEPTION ARE NOT RECOGNIZED AS ASSETS ON THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS DECREASES IN NET ASSETS WITH DONOR RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS WERE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE CONSOLIDATED FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS ARE REFLECTED AS INCREASES IN NET ASSETS WITH DONOR RESTRICTIONS. Schedule D, Part III, Line 4 Collections of art - description of collections THE WILLIAM ROCKHILL NELSON TRUST OWNS A PORTION OF THE ENCYCLOPEDIC COLLECTION OF ART DISPLAYED, CONSERVED AND STORED BY THE NELSON GALLERY FOUNDATION. THE WILLIAM ROCKHILL NELSON TRUST OPERATES SOLELY TO SUPPORT THE NELSON GALLERY FOUNDATION AND ITS WORK TO MAKE THE COLLECTION ACCESSIBLE TO THE PUBLIC. Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENTS ARE IN PLACE TO SUPPORT THE ACQUISITIONS OF ART AND THE MAINTENANCE OF THE COLLECTION AND EDUCATION EFFORTS SURROUNDING THE COLLECTION AS PROVIDED BY THE NELSON GALLERY FOUNDATION. true THE NELSON GALLERY FOUNDATION 4525 OAK STREET KANSAS CITY MO 64111 446012977 501(C)(3) 1914476 GENERAL SUPPORT 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds SUPPORT PROVIDED TO THE NELSON GALLERY FOUNDATION IS BASED ON PREDETERMINED PROVISIONS IN THE AGREEMENT BETWEEN THE TRUST AND FOUNDATION. THE PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IS BASED ON THOSE PROVISIONS. NO GRANTS ARE MADE TO OUTSIDE ORGANIZATIONS. false true false false false false false false false JULIAN ZUGAZAGOITIA DIRECTOR/CEO 0 699088 0 100000 0 22340 0 131678 0 27974 0 981080 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation JULIAN ZUGAZAGOITIA IS COMPENSATED BY THE NELSON GALLERY FOUNDATION, A RELATED ORGANIZATION. THE FOUNDATION USES A COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, FORM 990 OF OTHER ORGANIZATIONS AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO DETERMINE COMPENSATION. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE CEO PARTICIPATES IN A DEFERRED COMPENSATION PLAN UNDER 457F AND RECEIVED A CREDIT TO THE PLAN DURING THE YEAR OF $100,000. Form 990, Part VI, Line 2 FAMILY/BUSINESS RELATIONSHIPS AMONGST INTERESTED PERSONS PER THE IRS INSTRUCTIONS, CERTAIN BUSINESS RELATIONSHIP BETWEEN THE ORGANIZATION'S CURRENT OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES, AS REPORTED IN PART VII, SECTION A, MUST BE DISCLOSED. BECAUSE OF THE INTERRELATED NATURE OF THE FILING ORGANIZATION WITH ITS RELATED ENTITIES (AS DISCLOSED IN SCHEDULE R), ALL OF THE OFFICERS AND TRUSTEES HAVE OVERLAPPING RESPONSIBILITIES AND THUS HAVE BUSINESS RELATIONSHIPS. LEO MORTON AND PAUL DEBRUCE HAVE A BUSINESS RELATIONSHIP. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body TRUSTEES ELECTED TO THE GOVERNING BODY OF THE NELSON GALLERY FOUNDATION, A RELATED NONPROFIT ORGANIZATION, ARE ALSO ELECTED TO THE GOVERNING BODY OF THE FILING ORGANIZATION. Form 990, Part VI, Line 11b Review of form 990 by governing body INITIAL COMPILATION OF THE INFORMATION FOR THE RETURN IS COMPLETED BY FINANCE DEPARTMENT STAFF WITH REVIEW BY THE VICE PRESIDENT, FINANCE PRIOR TO TRANSMISSION TO THE ACCOUNTING FIRM FOR RETURN PREPARATION. UPON RECEIPT OF THE COMPLETED RETURN AND REVIEW BY THE VICE PRESIDENT, FINANCE, THE RETURN WILL BE PROVIDED TO THE CHIEF EXECUTIVE OFFICER, AUDIT COMMITTEE AND TO ALL TRUSTEES FOR REVIEW PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT OF INTEREST POLICY REQUIRES THE COMPLETION OF A WRITTEN QUESTIONNAIRE BY EACH TRUSTEE, OFFICER, MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWER AND KEY EMPLOYEES, ON AN ANNUAL BASIS. THE QUESTIONNAIRE ADDRESSES EACH INDIVIDUAL'S ACKNOWLEDGEMENT OF THE RECEIPT OF THE CODE OF CONDUCT AND THE CONFLICT OF INTEREST POLICY AND THEIR COMPLIANCE WITH IT, ALONG WITH REQUIRING RESPONSES TO DETAILED QUESTIONS RELATED TO SPECIFIC AREAS THAT COULD RAISE A CONFLICT. THE BOARD CHAIR OF THE BOARD OF TRUSTEES WOULD REVIEW ANY IDENTIFIED CONFLICTS OF INTEREST AND DETERMINE WHETHER ANY FURTHER ACTION WOULD NEED TO OCCUR. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT GENERALLY MADE AVAILABLE TO THE PUBLIC. AUDITED FINANCIAL STATEMENTS FOR THE PRIOR YEAR ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN VALUE OF TRUSTS HELD BY OTHERS - 5063677; ACQUISITION AND DISPOSITION OF ART - -1139153; Total - 3924524; Form 990, Part XII, Line 2c OVERSIGHT OR SELECTION PROCESS THE AUDIT COMMITTEE OF THE NELSON GALLERY FOUNDATION IS RESPONSIBLE FOR ENGAGING THE AUDIT FIRM AND REVIEW OF THE DRAFT CONSOLIDATED AUDITED FINANCIAL STATEMENTS BEFORE ISSUANCE. THE NELSON GALLERY FOUNDATION 4525 OAK STREET KANSAS CITY MO 64111 446012977 ART MUSEUM MO 501(c)(3) 7 NA false MERCURY FUND II LP 125 HIGH STREET BOSTON MA 02110 473271451 INVESTING DE NA N/A false false CHARITABLE REMAINDER TRUST TRUST MO NA Trust false false true false false false false false false false false false false false true true true false false false