MAGNUM CULTURAL FOUNDATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MAGNUM CULTURAL FOUNDATION (EIN 45-0573269)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-10-25
- IRS object ID
- 201332989349300418
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-10-25T10:19:03-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134200651 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GANER GANER PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| 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 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450573269 | EIN |
Name Name
| 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) |
|---|---|---|
| Name Control | MAGN | NameControl |
| Phone | 2122191248 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SUSAN MEISELAS | Name |
| Title | PRESIDENT AND DIRECTOR | Title |
| Phone | 2122191248 | Phone |
| Date Signed | 2013-10-24 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MAXINE GANER | Name |
| PTIN | P00290592 | PTIN |
| Phone | 2128731472 | Phone |
| Date Prepared | 2013-10-24 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MAGNUM FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | SUSAN MEISELAS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| 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 | 747114 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | MAGNUMFOUNDATION.ORG | WebSite |
| Type Of Organization Other | X | TypeOfOrganizationOther |
| Type Of Org Other Description | FOUNDATION | TypeOfOrgOtherDescription |
| Year Formation | 2007 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 0 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 715992 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 746255 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3374 | InvestmentIncomePriorYear |
| Investment Income Current Year | 859 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1750 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 721116 | TotalRevenuePriorYear |
| Total Revenue Current Year | 747114 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 26361 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 48425 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 17251 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 619826 | OtherExpensePriorYear |
| Other Expenses Current Year | 564070 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 646187 | TotalExpensesPriorYear |
| Total Expenses Current Year | 612495 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 74929 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 134619 | RevenuesLessExpensesCY |
| Total Assets BOY | 760806 | TotalAssetsBOY |
| Total Assets EOY | 873825 | TotalAssetsEOY |
| Total Liabilities BOY | 43391 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 21791 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 717415 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 852034 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 193384 | Expense |
| Revenue | 225979 | Revenue |
| Description | 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. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 49985 | Expense |
| Revenue | 75114 | Revenue |
| Description | 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. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 85187 | Expense |
| Revenue | 82500 | Revenue |
| Description | HUMAN RIGHTS FELLOWSHIP: THE HUMAN RIGHTS FELLOWSHIP SUPPORTS 5 INDIVIDUALS TO COMPLETE THE 6-WEEK SUMMER PROGRAM, PHOTOGRAPHY AND HUMAN RIGHTS, AT THE TISCH SCHOOL OF THE ARTS AT NEW YORK UNIVERSITY, HOUSING, TRAVEL, AND LIVING EXPENSES. THE FELLOWSHIP IS FOR INDIVIDUALS SEEKING TO DEEPEN THEIR DOCUMENTARY PHOTOGRAPHY PRACTICE OF HUMAN RIGHTS, WHO HAVE NOT PREVIOUSLY HAD THE BENEFIT OF EXTENSIVE ADVANCED STUDY IN THIS FIELD. THE FIVE MAGNUM FOUNDATION HUMAN RIGHTS FELLOWSHIPS ARE OPEN TO APPLICANTS WHO PERMANENTLY RESIDE OUTSIDE OF NORTH AMERICA AND WESTERN EUPROPE. INDIVIDUALS WHO LIVE AND WORK IN NORTH AMERICA OR WESTERN EUROPE MAY STILL APPLY TO THE PROGRAM, BUT ARE NOT ELIGIBLE FOR THESE HUMAN RIGHTS FELLOWSHIPS. ALL APPLICANTS MUST BE ABLE TO SPEAK AND WRITE IN ENGLISH. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 136034 | Expense |
| Revenue | 362662 | Revenue |
| Description | VARIOUS PROGRAMS | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 136034 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 362662 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 464590 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 1 | NumberOfEmployees |
| Employment Tax Returns Filed | 0 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 0 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MAGNUM FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2122191248 | TelephoneNumber |
Address US AddressUS
| 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 | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (9 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| SUSAN MEISELAS | ||||||
| PRESIDENT & DIRECTOR | 20.00 | X | 0 | 0 | 0 | |
| CHIEN-CHI CHANG | ||||||
| DIRECTOR | 0.30 | 0 | 0 | 0 | X | |
| JON KARTT | ||||||
| DIRECTOR | 0.30 | 0 | 0 | 0 | X | |
| CHRISTOPHER KLATELL | ||||||
| ASSISTANT SECRETARY | 3.50 | 0 | 0 | 0 | X | |
| CATE MUTHER | ||||||
| DIRECTOR | 0.50 | 0 | 0 | 0 | X | |
| ORVILLE SCHELL | ||||||
| DIRECTOR | 0.30 | 0 | 0 | 0 | X | |
| ALICE SACHS ZIMET | ||||||
| DIRECTOR | 0.50 | 0 | 0 | 0 | X | |
| JAMES GOLDBERG | ||||||
| DIRECTOR | 0.30 | 0 | 0 | 0 | X | |
| THOMAS HOEPKER | ||||||
| DIRECTOR | 0.30 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 746255 | AllOtherContributions |
| Noncash Contributions | 86400 | NoncashContributions |
| Total Contributions | 746255 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 859 | TotalRevenueColumn |
| Related Or Exempt Function Income | 859 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 747114 | TotalRevenueColumn |
| Related Or Exempt Function Income | 859 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48425 | Total |
| Program Services | 48425 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30365 | Total |
| Management And General | 30365 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13000 | Total |
| Management And General | 13000 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33045 | Total |
| Program Services | 10517 | ProgramServices |
| Management And General | 22008 | ManagementAndGeneral |
| Fundraising | 520 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108716 | Total |
| Program Services | 105185 | ProgramServices |
| Management And General | 1597 | ManagementAndGeneral |
| Fundraising | 1934 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4922 | Total |
| Management And General | 4922 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| FEES | 250521 | 183084 | 54492 | 12945 |
| AWARDS | 70340 | 70340 | 0 | 0 |
| PRINTING AND PRODUCTION | 39255 | 37700 | 329 | 1226 |
| SUPPLIES | 8944 | 7908 | 410 | 626 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4962 | Total |
| Program Services | 1431 | ProgramServices |
| Management And General | 3531 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 612495 | Total |
| Program Services | 464590 | ProgramServices |
| Management And General | 130654 | ManagementAndGeneral |
| Fundraising | 17251 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 670437 | BOY |
| EOY | 693941 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 40786 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2749 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1500 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 39585 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 23387 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21120 | BOY |
| EOY | 16198 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66500 | BOY |
| EOY | 121400 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 760806 | BOY |
| EOY | 873825 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43391 | BOY |
| EOY | 21791 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43391 | BOY |
| EOY | 21791 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 381194 | BOY |
| EOY | 423171 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 336221 | BOY |
| EOY | 428863 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 717415 | BOY |
| EOY | 852034 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 760806 | BOY |
| EOY | 873825 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 134619 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 40268 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 319800 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 592107 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 652217 | CurrentTaxYearMinus1Year |
| Current Tax Year | 700370 | CurrentTaxYear |
| Total | 2304762 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 40268 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 319800 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 592107 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 652217 | CurrentTaxYearMinus1Year |
| Current Tax Year | 700370 | CurrentTaxYear |
| Total | 2304762 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 2304762 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 859 | CurrentTaxYear |
| Total | 859 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 859 | CurrentTaxYear |
| Total | 859 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 45883 | CurrentTaxYear |
| Total | 45883 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 40268 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 319800 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 592107 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 652217 | CurrentTaxYearMinus1Year |
| Current Tax Year | 747112 | CurrentTaxYear |
| Total | 2351504 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.98010 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 1.00000 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00040 | InvestmentIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
| General Explanation | SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: THE PHOTOGRAHERS DONATE A CERTAIN PERCENTAGE OF THE PROCEEDS FROM THE SALE OF THE PHOTOS TO THE ORGANIZATION. | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 39585 | OtherCostOrOtherBasis |
| Depreciation | 23387 | Depreciation |
| Book Value | 16198 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 16198 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| PRINT COLLECTION | 119900 |
| SECURITY DEPOSIT | 1500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 121400 | TotalBookValueOtherAssets |
| Tot Revenue Etc Audited Fincl Stmt | 746504 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 746504 | RevenueSubtotal |
| Other Revenues Not Included | 609 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 609 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 747113 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 612226 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 2480 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 2480 | ExpensesNotRptdF990 |
| Expenses Subtotal | 609746 | ExpensesSubtotal |
| Other Expenses Not Included | 2749 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 2749 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 612495 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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. | |
| ADJUSTMENT FOR INTEREST INCOME | PART XI, LINE 4B - OTHER ADJUSTMENTS: | |
| DEPRECIATION DIFFERENCE BOOK VS TAX | PART XII, LINE 2D - OTHER ADJUSTMENTS: | |
| ADJUSTMENT TO CREATIVE FEES NOT ON TAX RETURN | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 3 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 53400 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable (2 entries)
| Non Cash CheckboxNonCashCheckbox | DescriptionDescription | Number Of ContributionsNumberOfContributions | Noncash Contribs Rptd F990NoncashContribsRptdF990 | Method Of Determining RevenuesMethodOfDeterminingRevenues |
|---|---|---|---|---|
| X | SERVICES | 1 | 30000 | FAIR VALUE |
| X | RENT | 1 | 3000 | FAIR VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| 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. |
| PROCESS HAS NOT CHANGED FROM PRIOR YEAR |
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