HONOLULU MUSEUM OF ART: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- HONOLULU MUSEUM OF ART (EIN 99-0079713)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-15
- IRS object ID
- 201311359349308771
- Schema version
- 2011v1.5
- 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) |
|---|---|---|
| Timestamp | 2013-05-15T16:57:24-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 4150 | AddressLine1 |
| City | Honolulu | City |
| State | HI | State |
| ZIP Code | 968124150 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 990079713 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HONOLULU ACADEMY OF ARTS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % WEIJIUN ROBERTSON | InCareOfName |
| Name Control | HONO | NameControl |
| Phone | 8085328700 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 SOUTH BERETANIA STREET | AddressLine1 |
| City | HONOLULU | City |
| State | HI | State |
| ZIP Code | 96814 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEPHAN JOST | Name |
| Title | DIRECTOR | Title |
| Phone | 8085328700 | Phone |
| Date Signed | 2013-05-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8085402800 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HONOLULU MUSEUM OF ART | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | STEPHAN JOST | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 S BERETANIA STREET | AddressLine1 |
| City | HONOLULU | City |
| State | HI | State |
| ZIP Code | 96814 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 56002981 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.HONOLULUMUSEUM.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1922 | YearFormation |
| State Legal Domicile | HI | StateLegalDomicile |
| Activity Or Mission Description | The organization is dedicated to the collection, preservation, interpretation, teaching of the visual arts, presentation of exhibitions, films and videos, performing arts, and public programs. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 43 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 43 | NbrIndependentVotingMembers |
| Total Nbr Employees | 322 | TotalNbrEmployees |
| Total Nbr Volunteers | 450 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 5368259 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 31695441 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1805598 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 2345514 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3470239 | InvestmentIncomePriorYear |
| Investment Income Current Year | 907833 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 952323 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1024446 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 11596419 | TotalRevenuePriorYear |
| Total Revenue Current Year | 35973234 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 15000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 500 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5650611 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6728363 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 17100 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 15570 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 856752 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5040491 | OtherExpensePriorYear |
| Other Expenses Current Year | 5910182 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 10723202 | TotalExpensesPriorYear |
| Total Expenses Current Year | 12654615 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 873217 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 23318619 | RevenuesLessExpensesCY |
| Total Assets BOY | 98599629 | TotalAssetsBOY |
| Total Assets EOY | 117904309 | TotalAssetsEOY |
| Total Liabilities BOY | 13220831 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 15017413 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 85378798 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 102886896 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | Conceived as an institution that would make Hawaii an even better place to live, the Honolulu Museum of Art is committed to showcasing the highest quality art from around the world for the benefit of residents and visitors. The museum is dedicated to the collection, preservation, interpretation, and teaching of the visual arts, as well as the presentation of exhibitions, film and video, performance, and public programs specifically relevant to Hawaiis ethnically diverse community. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 10311227 | Expense |
| Grants | 500 | Grants |
| Revenue | 2345514 | Revenue |
| Description | Education is central to the museums mission with 257,000 people visiting each year and 36,900 students participating in school programs both at the museum and throughout the community. Since its founding as the Honolulu Academy of Arts, the museum has always had traditional galleries and a commitment to art education. Today the museum comprises two buildings to exhibit art, an art school, a downtown gallery, and a theater. Over the years, the collection has grown into one of the most extensive in the United States, with a special emphasis on works of art that reflect the diverse communities that call Hawai'i home. The collection features work by Hokusai, van Gogh, Gauguin, Monet, Picasso and Warhol, as well as traditional Asian and Hawaiian art. The museums temporary exhibition program strives to engage local, national and international audiences. Past shows include Masterpieces of Landscape Painting from the Forbidden City; Ulana me ka lokomaikai: To weave from the goodness within showcasing work by National Endowment for the Arts National Heritage Fellow Gladys Kukana Grace; Regal and Royal Hawaiian Quilts; Anxietys Edge, works by leading contemporary artists in the museums collection; and Artists of Hawaii 2011, the states longest-running juried all-media exhibition. | Description |
| Total Program Service Expense | 10311227 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 139 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 322 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 43 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 43 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | true | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | false | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | false | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | HI | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | WEIJIUN ROBERTSON | NamePerson |
| Telephone Number | 8085328700 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 900 S BERETANIA STREET | AddressLine1 |
| City | HONOLULU | City |
| State | HI | State |
| ZIP Code | 96814 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (48 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| Charman J Akina | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Le Burta Atherton | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Dawn Aull | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Robert R Bean | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Frank Boas | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Samuel A Cooke | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Judith Dawson | ||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |
| Cecilia Doo | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Barney A Ebsworth | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Peggy Eu | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Josh Feldman | ||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |
| Helen Gary | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Allison Gendreau | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Elizabeth Grossman | ||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |
| Stephanie Hee | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Ron Higgins | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Michael Horikawa | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Claire Johnson | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Akemi Kurokawa | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Warren K K Luke | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Watters O Martin Jr | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Margaret Y Oda | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Michael O'Neill | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Wesley T Park | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Cherye Pierce | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| James F Pierce | ||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |
| Duane Preble | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Judith Pyle | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Jean E Rolles | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Jay H Shidler | ||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |
| Charles Sted | ||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |
| Charles M Stockholm | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Donna Tanoue | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Alan Tomonari | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Sharon Twigg-Smith | ||||||
| Trustee | 2.0 | X | 0 | 0 | 0 | |
| Thurston Twigg-Smith | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Indru Watumull | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Kathleen Sullivan Wo | ||||||
| Trustee | 1.0 | X | 0 | 0 | 0 | |
| Lynne Johnson | ||||||
| Chairman | 3.0 | X | 0 | 0 | 0 | X |
| Violet S W Loo | ||||||
| Vice Chairman | 3.0 | X | 0 | 0 | 0 | X |
| Betty Wo | ||||||
| Vice President | 2.0 | X | 0 | 0 | 0 | X |
| Charles R Wichman | ||||||
| Vice President | 2.0 | X | 0 | 0 | 0 | X |
| Robert S Katz | ||||||
| Secretary | 3.0 | X | 0 | 0 | 0 | X |
| Mark Burak | ||||||
| Treasurer | 3.0 | X | 0 | 0 | 0 | X |
| LINDA AHLERS | ||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |
| Stephan Jost | ||||||
| Director | 40.0 | 165335 | 0 | 6159 | X | |
| Aaron Kibota | ||||||
| Director of Finance | 40.0 | 54745 | 0 | 3201 | X | |
| Weijiun Robertson | ||||||
| Director of Finance | 40.0 | 14483 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 234563 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 9360 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CAMBRIDGE ASSOCIATES LLC | NamePerson |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 83232 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 606910232 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | INV. CONSULTING SVCS | DescriptionOfServices |
| Compensation | 121573 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Membership Dues | 856077 | MembershipDues |
| Fundraising Events | 991365 | FundraisingEvents |
| Government Grants | 19707 | GovernmentGrants |
| All Other Contributions | 29828292 | AllOtherContributions |
| Noncash Contributions | 21948532 | NoncashContributions |
| Total Contributions | 31695441 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| TUITION & FEES | 611710 | 1107290 | 1107290 |
| EXHIBITION FEES | 711190 | 227500 | 227500 |
| PROGRAM DEVELOPMENT | 611710 | 641919 | 641919 |
| ADMISSIONS | 711190 | 368805 | 368805 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 2345514 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 957529 | TotalRevenueColumn |
| Exclusion | $957,529 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26850 | TotalRevenueColumn |
| Exclusion | $26,850 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 145464 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 56701 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 88763 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 88763 | TotalRevenueColumn |
| Exclusion | $88,763 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 18855219 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 18904915 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -49696 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -49696 | TotalRevenueColumn |
| Exclusion | -$49,696 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 314250 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 991365 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 447090 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -132840 | TotalRevenueColumn |
| Exclusion | -$132,840 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 8265 | GrossIncomeGaming |
| Gaming Direct Expenses | 12700 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -4435 | TotalRevenueColumn |
| Exclusion | -$4,435 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 1531438 | GrossSalesOfInventory |
| Cost Of Goods Sold | 608341 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 923097 | TotalRevenueColumn |
| Exclusion | $923,097 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| SECURITY LITIGATION PROCEEDS | 900099 | 8373 | $8,373 |
| METALS AND CERAMICS SALE | 900099 | 27987 | $27,987 |
| OTHER INCOME | 900099 | 86651 | $86,651 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 123011 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 35973234 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2345514 | RelatedOrExemptFunctionIncome |
| Exclusion | $1,932,279 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 500 | Total |
| Program Services | 500 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 348796 | Total |
| Program Services | 103081 | ProgramServices |
| Management And General | 245715 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5100932 | Total |
| Program Services | 4077105 | ProgramServices |
| Management And General | 645032 | ManagementAndGeneral |
| Fundraising | 378795 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 113304 | Total |
| Program Services | 64244 | ProgramServices |
| Management And General | 42170 | ManagementAndGeneral |
| Fundraising | 6890 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 736489 | Total |
| Program Services | 523776 | ProgramServices |
| Management And General | 164077 | ManagementAndGeneral |
| Fundraising | 48636 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 428842 | Total |
| Program Services | 304984 | ProgramServices |
| Management And General | 95539 | ManagementAndGeneral |
| Fundraising | 28319 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16275 | Total |
| Program Services | 10581 | ProgramServices |
| Management And General | 5694 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73429 | Total |
| Management And General | 73429 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15570 | Total |
| Fundraising | 15570 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 405746 | Total |
| Program Services | 405746 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 934556 | Total |
| Program Services | 680149 | ProgramServices |
| Management And General | 218355 | ManagementAndGeneral |
| Fundraising | 36052 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76056 | Total |
| Program Services | 9671 | ProgramServices |
| Management And General | 7200 | ManagementAndGeneral |
| Fundraising | 59185 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 824302 | Total |
| Program Services | 606565 | ProgramServices |
| Management And General | 74837 | ManagementAndGeneral |
| Fundraising | 142900 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16890 | Total |
| Program Services | 11519 | ProgramServices |
| Management And General | 5371 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1442817 | Total |
| Program Services | 1274019 | ProgramServices |
| Management And General | 142570 | ManagementAndGeneral |
| Fundraising | 26228 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 193669 | Total |
| Program Services | 184236 | ProgramServices |
| Management And General | 5070 | ManagementAndGeneral |
| Fundraising | 4363 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108891 | Total |
| Management And General | 108891 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 952759 | Total |
| Program Services | 838382 | ProgramServices |
| Management And General | 96565 | ManagementAndGeneral |
| Fundraising | 17812 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185387 | Total |
| Program Services | 150079 | ProgramServices |
| Management And General | 33245 | ManagementAndGeneral |
| Fundraising | 2063 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| HOSPITALITY | 243786 | 180516 | 23011 | 40259 |
| ALLOCATE INDIRECT ACCTG EXP | 305954 | -305954 | ||
| ALLOCATE INDIRECT HR EXP | 145652 | -145652 | ||
| ALLOCATE INDIRECT IT EXP | 90740 | -90740 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 435619 | Total |
| Program Services | 343728 | ProgramServices |
| Management And General | 42211 | ManagementAndGeneral |
| Fundraising | 49680 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12654615 | Total |
| Program Services | 10311227 | ProgramServices |
| Management And General | 1486636 | ManagementAndGeneral |
| Fundraising | 856752 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5779 | BOY |
| EOY | 6331 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1161843 | BOY |
| EOY | 2060868 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117500 | BOY |
| EOY | 227500 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 402744 | BOY |
| EOY | 335644 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1244926 | BOY |
| EOY | 835727 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 48236418 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 14763969 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27792725 | BOY |
| EOY | 33472449 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19389541 | BOY |
| EOY | 28231116 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32323244 | BOY |
| EOY | 29517228 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16161327 | BOY |
| EOY | 23217446 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98599629 | BOY |
| EOY | 117904309 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1245494 | BOY |
| EOY | 891119 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 690813 | BOY |
| EOY | 661133 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4017381 | BOY |
| EOY | 4621993 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7267143 | BOY |
| EOY | 8843168 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13220831 | BOY |
| EOY | 15017413 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18459220 | BOY |
| EOY | 27924906 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4020680 | BOY |
| EOY | 6102664 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62898898 | BOY |
| EOY | 68859326 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85378798 | BOY |
| EOY | 102886896 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98599629 | BOY |
| EOY | 117904309 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 23318619 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -5810521 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | 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 | 12185567 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7346909 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4958992 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5368259 | CurrentTaxYearMinus1Year |
| Current Tax Year | 31695441 | CurrentTaxYear |
| Total | 61555168 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 12185567 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 7346909 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4958992 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5368259 | CurrentTaxYearMinus1Year |
| Current Tax Year | 31695441 | CurrentTaxYear |
| Total | 61555168 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 2577642 | AmountsSubstContributorsTotal |
| Public Support Total170 | 58977526 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2159545 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 985851 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 918205 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1769824 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1129843 | CurrentTaxYear |
| Total | 6963268 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2842406 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1871356 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1771831 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1559338 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1976964 | CurrentTaxYear |
| Total | 10021895 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 78540331 | TotalSupport |
| Gross Receipts From Admissions Etc | 10344259 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.75092 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.61866 | 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
Art Public Exhibition Amts ArtPublicExhibitionAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 0 | AssetsInPartX |
Held Works Of Art Amts HeldWorksOfArtAmts
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | 0 | RevenuesIncluded |
| Assets In Part X | 850 | AssetsInPartX |
| 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 | true | SolicitedAssetsForSale |
| Included On FS | false | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 62898898 | BeginningOfYearBalance |
| Contributions | 8169255 | Contributions |
| Investment Earnings Or Losses | -2208827 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 0 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 68859326 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 57366721 | BeginningOfYearBalance |
| Contributions | 177713 | Contributions |
| Investment Earnings Or Losses | 5354464 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 0 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 62898898 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 55850670 | BeginningOfYearBalance |
| Contributions | 124536 | Contributions |
| Investment Earnings Or Losses | 1391515 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 0 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 57366721 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 64284028 | BeginningOfYearBalance |
| Contributions | 796066 | Contributions |
| Investment Earnings Or Losses | -9229424 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 0 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 55850670 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 6500000 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 6530276 | OtherCostOrOtherBasis |
| Book Value | 6530276 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1800000 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 35565695 | OtherCostOrOtherBasis |
| Depreciation | 10393239 | Depreciation |
| Book Value | 25172456 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4784502 | OtherCostOrOtherBasis |
| Depreciation | 4143587 | Depreciation |
| Book Value | 640915 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1355945 | OtherCostOrOtherBasis |
| Depreciation | 227143 | Depreciation |
| Book Value | 1128802 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 33472449 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| MARKETABLE ALTERNATIVE ASSETS | 10277746 | F |
| HEDGE FUNDS | 17403364 | F |
| OPEN ENDED INTERVAL FUND | 1836118 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 29517228 | TotalOfBookValueSecurities |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| BENEFICIAL INTEREST IN | 14917446 |
| GIFTED ASSETS HELD FOR SALE | 8300000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 23217446 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| AGREEMENTS | $2,584,796 |
| PENSION OBLIGATIONS | $6,188,046 |
| OTHER | $70,326 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 8843168 | TotalOfAmounts |
| Total Revenue | 35973234 | TotalRevenue |
| Total Expenses | 12654615 | TotalExpenses |
| Excess Or Deficit For Year | 23318619 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -2125735 | NetUnrealizedGLOnInvestments |
| Donated Services And Facilities | -122745 | DonatedServicesAndFacilities |
| Other | -$3,562,041 | OtherAmount |
| Total Adjustments | -5810521 | TotalAdjustments |
| Excess Or Deficit Per FS | 17508098 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 32870057 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -2125735 | NetUnrealizedGainsInvestments |
| Other Revenues | -566495 | OtherRevenues |
| Revenue Not Rptd F990 | -2692230 | RevenueNotRptdF990 |
| Revenue Subtotal | 35562287 | RevenueSubtotal |
| Investment Expenses Not Included | 405746 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 5201 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 410947 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 35973234 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 15361959 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 122745 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 2995546 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 3118291 | ExpensesNotRptdF990 |
| Expenses Subtotal | 12243668 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 405746 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 5201 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 410947 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 12654615 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (10 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Art Collection | SCHEDULE D, PART III, LINE 1A | The Museum's art collection comprises works of art, which are held for exhibition, research, and educational purposes. Each of the items is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed continuously. The collections are subject to a policy that requires proceeds from their sales to be used to acquire other items for the collection. Works of art in the Museum's collection are not recognized as assets in the accompanying statement of financial position. Purchases of art are recorded as decreases in unrestricted net assets in the year in which the items are acquired. |
| Definition of Collections | SCHEDULE D, PART III, LINES 2A & 2B | The Museum's two principal accessioned collections are designated as the Primary (or Main) and Secondary (or Study) Collections. The majority of the Museum's holdings are in the Primary Collection. The Secondary Collection is comprised of works of all media that may be of lesser quality but are needed to represent a particular period, style or technique, of objects whose attribution require further research, and for research purposes. The Third Category exists of works set aside for use as equipment in offices or that were given to the museum for purposes of sale. These objects are not formally accessioned into the collection. The value of these objects is reported in Part III, items 2a and 2b. |
| Organizations Maintaining Collections of Art, Historical Treasure or Other | SCHEDULE D, PART III, LINE 4 | The Museum has an internationally-renowned, encyclopedic collection of over 60,000 works of art that began with Mrs. Cooke's gift of 4,000 artworks in 1927. This collection lies at the core of our educational mission and is a remarkable mirror of Hawai'i's ethnic diversity. The collection is the foundation for the museum's programs and a vehicle through which the museum carries out its mission to serve Hawaii. The primary rationale for collecting is to develop a body of visual and intellectual material that documents and interprets world culture in an encyclopedic format. The Museum is known for its Asian collection, including comprehensive holdings in Chinese, Indian, Japanese, Korean, and Southeast Asian Art. The crown jewel of the Museum's Asian art collection is the James A. Michener Collection of over 10,000 Japanese ukiyo-e woodblock prints, the third largest collection of its kind in the United States. The Museum's permanent collection also excels in European and American painting, graphic art, and decorative arts. Nineteenth and twentieth century paintings are represented by such masters as Monet, Renoir, Cezanne, Gauguin, van Gogh, Modigliani, Leger, Picasso, Braque, and Matisse. Major American and modern and contemporary holdings are represented by such masters as James McNeill Whistler, John Singer Sargent, Gaston Lachaise, Alexander Calder, Isamu Noguchi, Louise Nevelson, and Lee Bontecou. The largest single part of the permanent collection comprises over 15,000 examples of European and American work on paper, ranging in date from the Renaissance to the contemporary era. The Museum's collection of contemporary art includes works gifted by The Contemporary Museum, Honolulu in July, 2011. The integrated contemporary collection now includes works from 1970 to the present. This includes artists such as Donald Judd, Sol LeWitt, Frank Stella, Tom Wesselmann, Jim Dine, Andy Warhol, Robert Motherwell, Sam Francis, Robert Arneson, Joseph Cornell, H. C. Westermann, Jennifer Bartlett, Kara Walker, Kiki Smith, William Kentridge, Vik Muniz, Bruce Conner, Terry Allen, William Wiley, David Hockney, Robert Graham, Ed and Nancy Reddin Kienholz, Thomas Ruff, and Thomas Struth. Particular strengths are in ceramics and ceramic sculpture, wood, glass, metal, and fiber. The Museum's textile collection is especially strong in works from Asia, and also includes important textiles from the Near East, Africa, Europe, and the Americas. The arts of Hawaii comprise both examples of indigenous Hawaiian art, and post-European contact paintings, and works on paper. Through the development of strong curatorial and professional staff, the Museum promotes its collections by focusing on exhibitions that engage residents and visitors to Hawaii. The Museum makes its permanent collections available in its renovated galleries and on its website, a major component of improved visibility that has positive consequences for attendance and collection growth. |
| Endowment Funds | SCHEDULE D, PART V, LINE 4 | The Museum uses its permanently restricted portion of the endowment consistent with the donor's restrictions. The unrestricted portion of the endowment is used to provide a predictable and constant stream of current income for operating needs. Earnings from the endowment funds are to be used for the following intended purposes: General operations and gallery maintenance $53,183,307 (77%) Art acquisitions $ 7,567,161 (11%) Curatorial and conservation $ 3,384,900 (5%) Education $ 3,248,596 (5%) Exhibitions $ 1,475,362 (2%) ----------------- $68,859,326 (100%) |
| FIN 48 footnote | SCHEDULE D, PART X, LINE 2 | THE ACADEMY ADOPTED FASB INTEREPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, INCLUDED IN ASC SUBTOPIC 740-10, INCOME TAXES - OVERALL (INTERPRETATION 48), AS OF JUNE 1, 2010. THE ACADEMY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF SUCH POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. PRIOR TO ADOPTION OF INTERPRETATION 48, THE ACADEMY RECOGNIZED THE EFFECT OF INCOME TAX POSITIONS ONLY IF SUCH POSITIONS WERE PROBABLE OF BEING SUSTAINED. |
| RECONCILIATION OF CHANGES IN NET ASSETS | SCHEDULE D, PART XI, LINE 8 | change in values of split-interest agreements $ (1,623,643) retirement plan changes other than net periodic benefit costs $ (1,938,398) -------------- $ (3,562,041) |
| revenue on books but not on return | SCHEDULD D, PART XII, LINE 2D | purchases for resale $ 608,341 fundraising expenses $ 447,090 rental expenses $ 1,717 change in values of split-interest agreements $(1,623,643) ---------- $ (566,495) |
| expense on books but not on return | SCHEDULE D, PART XIII, LINE 2D | purchases for resale $ 608,341 fundraising expenses $ 447,090 rental expenses $ 1,717 retirement plan changes other than net PBC $ 1,938,398 ------------- $ 2,995,546 |
| REVENUE ON RETURN NOT ON BOOKS | SCHEDULE D, PART XII, LINE 4B | RECLASS OF LOSS ON DISPOSAL OF FIXED ASSETS $ 5,201 |
| EXPENSE ON RETURN NOT ON BOOKS | SCHEDULE D, PART XIII, LINE 4B | RECLASS OF LOSS ON DISPOSAL OF FIXED ASSETS $ 5,201 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | PG CALC INC | NameOfIndividual |
| Activity | CONSULTING SERVICE | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Gross Receipts | 0 | GrossReceipts |
| Amount Retained By Contractor | 15570 | AmountRetainedByContractor |
| Net To Organization | 0 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 0 | TotalGrossReceipts |
| Total Retained By Contractors | 15570 | TotalRetainedByContractors |
| Total Net To Organization | 0 | TotalNetToOrganization |
| Licensed States | HI | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | Kama'aina Xmas | NameOfEvent1 |
| Gross Receipts Event1 | 652303 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 584518 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 67785 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 24173 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 110435 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 4277 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 80850 | OtherDirectExpensesEvent1 |
| Name Of Event2 | CONTEMPO | NameOfEvent2 |
| Gross Receipts Event2 | 611387 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 383491 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 227896 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 16474 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 48484 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 5807 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 142830 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 41925 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 23356 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 18569 | GrossRevenueOtherEvents |
| Rent Facility Costs Other Events | 2212 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 3750 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 2500 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 5298 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 1305615 | GrossReceiptsTotal |
| Charitable Contributions Total | 991365 | CharitableContributionsTotal |
| Gross Revenue Total Events | 314250 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 42859 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 162669 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 12584 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 228978 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 447090 | DirectExpenseSummaryEvents |
| Net Income Summary | -132840 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | true | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Stephan Jost | NamePerson |
| Base Compensation Filing Org | 141250 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 24085 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 6159 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 171494 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| INFORMATION REGARDING COMPENSATION | SCHEDULE J, PART I, LINE 1A | Stephan Jost (Director) and his family was provided the use of a Museum owned residence for business (i.e. donor cultivation events) and personal use. Housecleaning and landscaping services to maintain the residence are also provided. The personal use of the company residence is included in the other reportable compensation amount (housing allowance). |
| AMOUNTS PAID PURSUANT TO INITIAL CONTRACT EXCEPTION | SCHEDULE J, PART I, LINE 8 | AMOUNTS PAID TO STEPHAN JOST, THE DIRECTOR OF THE MUSEUM, ARE SUBJECT TO THE INITIAL CONTRACT EXCEPTION DESCRIBED IN REG SEC. 53.4958-4(A)(3). BESIDES HIS SALARY, MR. JOST WILL RECEIVE USE OF A MUSEUM RESIDENCE, A FIXED CAR ALLOWANCE, MEDICAL BENEFITS, LIFE INSURANCE, AND LONG-TERM DISABILITY INSURANCE. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 432 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SEE DISCLOSURE BELOW | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SEE DISCLOSURE BELOW | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 583 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 7309992 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | AVERAGE MARKET | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther |
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 14600000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles |
Food Inventory FoodInventory
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 850 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | 2 BOUCHERON QUATRE RINGS | 1 | 10000 | REPLACEMENT COST |
| X | 2-NIGHT STAY AT THE ROYAL HAWAIIAN HOTEL | 1 | 1600 | SALE OF COMP. ASSET |
| X | 1-NIGHT STAY AT THE KAHALA HOTEL | 1 | 250 | SALE OF COMP. ASSET |
| X | SHOP INVENTORY FROM TCM | 5739 | 25840 | COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 6 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | true | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NON-CASH CONTRIBUTIONS FOR WHICH NO REVENUES WERE REPORTED | SCHEDULE M, PART I, LINE 33 | Works of art and books in the Museum's collection are not recognized as assets in the financial statements. The Museum does not estimate the value of art objects acquired by gift. |
| NONCASH CONTRIBUTIONS DISCLOSURE | SCHEDULE M, COLUMN B | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED IN COLUMN B OF SCHEDULE M. FOR GIFTS OF SECURITIES, EACH SEPARATE GIFT IS TREATED AS A SINGLE CONTRIBUTION FOR PURPOSES OF COLUMN B. |
| METHOD OF DETERMINING REVENUES | SCHEDULE M, PART I, COLUMN D | CONTRIBUTED PROPERTY (EXCEPT FOR ARTWORK AND RARE BOOKS) IS RECORDED AS INCOME AT THE FAIR VALUE OF THE PROPERTY ON THE DATE OF DONATION. THE FAIR VALUE OF PUBLICLY TRADED SECURITIES IS BASED ON AVERAGE MARKET PRICES. |
| THIRD PARTIES USED TO SELL NON-CASH DONATIONS | SCHEDULE M, PART I, LINE 32B | THE ORGANIZATION USES A THIRD PARTY, HARVEY CLARS AUCTION GALLERIES, TO SELL DONATED ARTWORK. THE MUSEUM USED THE AUCTION HOUSE TO SELL OLDER PIECES OF ART THAT WERE NEVER ACCESSIONED INTO THE MUSEUM'S COLLECTION. THE AUCTION HOUSE REMITS THE AMOUNTS RECEIVED TO THE MUSEUM, AFTER DEDUCTING APPLICABLE FEES RELATED TO THE SALE OF THE ARTWORK. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| relationship with officers, directors, trustees, or key employees | Part VI, Section A, Line 2 | Lynne Johnson (Trustee) and Samuel Cooke (Trustee): Family relationship Sharon Twigg-Smith (Trustee) and Thurston Twigg-Smith (Trustee): Family relationship Cherye Pierce (Trustee) and James F. Pierce (Trustee): Family relationship Kathleen Sullivan Wo (Trustee) and Betty Wo (Trustee): Family relationship |
| form 990 review process | Part VI, Section B, Line 11 | A final draft copy of the Form 990 and applicable schedules are distributed to all board members and the Director for their review and comments prior to the filing of the tax return. |
| information available to the public | Part VI, Section C, Line 19 | The organization's governing documents, conflict of interest policy, and financial statements are made available in hard copy or electronically upon request. The past three years of audited financial statements and tax returns are also available on the organization's website. |
| OTHER CHANGES IN NET ASSETS OR FUND BALANCES | FORM 990, PART XI, LINE 5 | UNREALIZED GAIN/LOSS $ (2,125,735) CONTRIBUTED RENT $ (122,745) change in values of split-interest agreements $ (1,623,643) RETIREMENT PLAN CHANGES OTHER THAN NET PBC $ (1,938,398) ------------ $(5,810,521) |
| CHANGES TO THE ORGANIZATION'S GOVERNING DOCUMENTS | FORM 990, PART VI, SECTION A, LINE 4 | THE FOLLOWING CHANGES WERE MADE TO THE ORGANIZATION'S BYLAWS: - THE MAXIMUM NUMBER OF TRUSTEES OF THE ORGANIZATION IS INCREASED FROM 40 TO 45. - TRUSTEES SHALL SERVE FOR TERMS OF THREE YEARS. NO ELECTED TRUSTEE MAY SERVE ON THE BOARD FOR MORE THAN THREE SUCCESSIVE TERMS WITHOUT TAKING A MANDATORY ONE YEAR OFF. - THE POSITION OF VICE-CHAIRMAN IS AN OFFICER OF THE ORGANIZATION. - THE EXECUTIVE COMMITTEE SHALL BE RESPONSIBLE FOR DETERMINING THE COMPENSATION OF DISQUALIFIED PERSONS, WITHIN THE MEANING OF SECTION 4958 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. |