NEUE GALERIE NEW YORK: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- NEUE GALERIE NEW YORK (EIN 13-4047433)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201333199349100113
- Schema version
- 2012v2.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Contractor Compensation Expln
- Land Etc Schedule2
- Legal Fees Schedule
- Mortgages And Notes Payable Sch
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Sales Of Inventory List
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-15T05:36:59-08:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bencivenga Ward & Company CPAs PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 Columbus Avenue Suite 304 | AddressLine1 |
| City | Valhalla | City |
| State | NY | State |
| ZIP Code | 105951382 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134047433 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE NEUE GALERIE NEW YORK | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NEUE | NameControl |
| Phone | 2126286200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1048 FIFTH AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10028 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | David Gerson | Name |
| Title | Treasurer | Title |
| Date Signed | 2013-11-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Leonard J Bencivenga CPA | Name |
| PTIN | P00116788 | PTIN |
| Phone | 9147695005 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 210839813 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 28323628 | ContriReceivedRevAndExpnss |
| Dividends Rev And Expnss | 691 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 691 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 691 | DividendsAdjNetIncm |
| Gross Sales Less Returns And Allwnc | 1415603 | GrossSalesLessReturnsAndAllwnc |
| Cost Of Goods Sold | 745916 | CostOfGoodsSold |
| Gross Profit Rev And Expnss | 669687 | GrossProfitRevAndExpnss |
| Gross Profit Adj Net Incm | 669687 | GrossProfitAdjNetIncm |
| Other Income Rev And Expnss | 2573030 | OtherIncomeRevAndExpnss |
| Other Income Adj Net Incm | 2573030 | OtherIncomeAdjNetIncm |
| Total Revenue And Expenses | 31567036 | TotalRevenueAndExpenses |
| Total Net Investment Income | 691 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 3243408 | TotalAdjustedNetIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 488613 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Adj Net Incm | 48861 | CompOfcrDirTrstAdjNetIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 439752 | CompOfcrDirTrstDsbrsChrtblPrps |
| Oth Empl Slrs Wgs Rev And Expnss | 2485778 | OthEmplSlrsWgsRevAndExpnss |
| Oth Empl Slrs Wgs Net Invst Incm | 12429 | OthEmplSlrsWgsNetInvstIncm |
| Oth Empl Slrs Wgs Adj Net Incm | 1118136 | OthEmplSlrsWgsAdjNetIncm |
| Oth Empl Slrs Wgs Dsbrs Chrtbl Prps | 1355213 | OthEmplSlrsWgsDsbrsChrtblPrps |
| Pension Empl Bnft Rev And Expnss | 467522 | PensionEmplBnftRevAndExpnss |
| Pension Empl Bnft Net Invst Incm | 2338 | PensionEmplBnftNetInvstIncm |
| Pension Empl Bnft Adj Net Incm | 43416 | PensionEmplBnftAdjNetIncm |
| Pension Empl Bnft Dsbrs Chrtbl Prps | 421243 | PensionEmplBnftDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 20243 | LegalFeesRevAndExpnss |
| Legal Fees Dsbrs Chrtbl Prps | 15247 | LegalFeesDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 36973 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 185 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 74442 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 156253 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Adj Net Incm | 14803 | OtherProfFeesAdjNetIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 143256 | OtherProfFeesDsbrsChrtblPrps |
| Interest Rev And Expnss | 59864 | InterestRevAndExpnss |
| Interest Dsbrs Chrtbl Prps | 59864 | InterestDsbrsChrtblPrps |
| Taxes Rev And Expnss | 126 | TaxesRevAndExpnss |
| Deprec And Depletion Rev And Expnss | 170005 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Adj Net Incm | 52169 | DeprecAndDepletionAdjNetIncm |
| Trav Conf Meeting Rev And Expnss | 198200 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Adj Net Incm | 30528 | TravConfMeetingAdjNetIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 187283 | TravConfMeetingDsbrsChrtblPrps |
| Printing And Pub Rev And Expnss | 161167 | PrintingAndPubRevAndExpnss |
| Printing And Pub Adj Net Incm | 61083 | PrintingAndPubAdjNetIncm |
| Printing And Pub Dsbrs Chrtbl Prps | 110979 | PrintingAndPubDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 3521753 | OtherExpensesRevAndExpnss |
| Other Expenses Adj Net Incm | 908929 | OtherExpensesAdjNetIncm |
| Other Expenses Dsbrs Chrtbl Prps | 2708196 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 7766497 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 14952 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 2277925 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 5515475 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 0 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 7766497 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 14952 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 2277925 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 5515475 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 23800539 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 965483 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 488498 | CashBOY |
| Cash EOY | 900576 | CashEOY |
| Cash EOYFMV | 900576 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 365689 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 5023 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 5023 | SavingsAndTempCashInvstEOYFMV |
| Accounts Receivable | 206092 | AccountsReceivable |
| Accounts Receivable BOY | 148409 | AccountsReceivableBOY |
| Accounts Receivable EOY | 206092 | AccountsReceivableEOY |
| Accounts Receivable EOYFMV | 206092 | AccountsReceivableEOYFMV |
| Pledges Receivable | 10999064 | PledgesReceivable |
| Pledges Receivable BOY | 5192915 | PledgesReceivableBOY |
| Pledges Receivable EOY | 10999064 | PledgesReceivableEOY |
| Pledges Receivable EOYFMV | 10999064 | PledgesReceivableEOYFMV |
| Inventories For Sale Or Use BOY | 801408 | InventoriesForSaleOrUseBOY |
| Inventories For Sale Or Use EOY | 730087 | InventoriesForSaleOrUseEOY |
| Inventories For Sale Or Use EOYFMV | 730087 | InventoriesForSaleOrUseEOYFMV |
| Prepaid Expenses BOY | 94053 | PrepaidExpensesBOY |
| Prepaid Expenses EOY | 41608 | PrepaidExpensesEOY |
| Prepaid Expenses EOYFMV | 41608 | PrepaidExpensesEOYFMV |
| Investments Corp Stock BOY | 3912960 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 23709189 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 23709189 | InvestmentsCorpStockEOYFMV |
| Land Building And Equipment Basis | 6813640 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 2553437 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 4370482 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 4260203 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 4260203 | LandBuildingAndEquipmentEOYFMV |
| Other Assets BOY | 169977313 | OtherAssetsBOY |
| Other Assets EOY | 169987971 | OtherAssetsEOY |
| Other Assets EOYFMV | 169987971 | OtherAssetsEOYFMV |
| Total Assets BOY | 185351727 | TotalAssetsBOY |
| Total Assets EOY | 210839813 | TotalAssetsEOY |
| Total Assets EOYFMV | 210839813 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 1412204 | AccountsPayableBOY |
| Accounts Payable EOY | 1448131 | AccountsPayableEOY |
| Loans From Officers BOY | 6800739 | LoansFromOfficersBOY |
| Loans From Officers EOY | 3000739 | LoansFromOfficersEOY |
| Mortgages And Notes Payable BOY | 3469760 | MortgagesAndNotesPayableBOY |
| Mortgages And Notes Payable EOY | 9125380 | MortgagesAndNotesPayableEOY |
| Total Liabilities BOY | 11682703 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 13574250 | TotalLiabilitiesEOY |
| Org That Follow SFAS117 | X | OrgThatFollowSFAS117 |
| Unrestricted BOY | 173669024 | UnrestrictedBOY |
| Unrestricted EOY | 177265417 | UnrestrictedEOY |
| Temporarily Restricted EOY | 146 | TemporarilyRestrictedEOY |
| Permanently Restricted EOY | 20000000 | PermanentlyRestrictedEOY |
| Total Net Assets BOY | 173669024 | TotalNetAssetsBOY |
| Total Net Assets EOY | 197265563 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 185351727 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 210839813 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 173669024 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 23800539 | ExcessOfRevenueOverExpenses |
| Subtotal | 197469563 | Subtotal |
| Other Decreases | 204000 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 197265563 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 5407840 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 11246795 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.48083 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 5205949 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 16781822 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.31021 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 5711846 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 22579627 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.25297 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 7044580 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 55948692 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.12591 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 13467432 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 67713694 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.19889 | DistributionRatioYear5 |
| Total Distribution Ratio | 1.36881 | TotalDistributionRatio |
| Average Distribution Ratio | 0.27376 | AverageDistributionRatio |
| Net Noncharitable Assets | 5344993 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 1463256 | AdjustedNoncharitableAssets |
| Adj Nonchrtbl Assets And One | 1463256 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 5586244 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 0 | InvestmentIncomeExciseTax |
| Est Tax Payments And Overpayment | 13908 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 13908 | TotalCreditsAndPayments |
| Overpayment | 13908 | Overpayment |
| Amount Credited To Next Year | 13908 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | true | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | true | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | NY | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | true | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | www.neuegalerie.org | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Max Jahn Finance Director | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 2126286200 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1048 Fifth Avenue | AddressLine1 |
| City | New York | City |
| State | NY | State |
| ZIP Code | 10028 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | true | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | true | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Undistr Income4942a2 Not Applied | false | UndistrIncome4942a2NotApplied |
| Business Holdings | false | BusinessHoldings |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Tr Fail To Qualify As Exceptions | false | TrFailToQualifyAsExceptions |
| Maint Expend Responsibility | false | MaintExpendResponsibility |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
| Proceeds Or Net Income | false | ProceedsOrNetIncome |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (12 entries)
| Address Line1ForeignAddress/AddressLine1 | CityForeignAddress/City | CountryForeignAddress/Country | Postal CodeForeignAddress/PostalCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Jill Lloyd | |||||||||||
| 56 St Jamess Gardens | London | UK | W114RA | Trustee | 1.00 | 0 | |||||
| Ernst Ploil | |||||||||||
| Stadiongasse 4 | Vienna A-1010 | AU | Trustee | 1.00 | 0 | ||||||
| Olaf Peters | |||||||||||
| Richard Wagner Strasse 27 | Hannover | GM | 50177 | Trustee | 1.00 | 0 | |||||
| Max Hollein | |||||||||||
| Durerstrasse 2 | Frankfurt | GM | Trustee | 1.00 | 0 | ||||||
| Reinhold Heller | |||||||||||
| Trustee | 1.00 | 0 | 1325 Linden Road | Homewood | IL | 60430 | |||||
| David Gerson | |||||||||||
| Treasurer | 1.00 | 0 | 767 Fifth Avenue | New York | NY | 10520 | |||||
| Christian Witt-Dorring | |||||||||||
| Magdalenenstrasse 1 | Vienna | AU | A-1060 | Trustee | 20.00 | 0 | |||||
| Peter Selz | |||||||||||
| Trustee | 1.00 | 0 | 861 Regal Rd | Berkeley | CA | 94708 | |||||
| Eduard Sekler | |||||||||||
| Trustee | 1.00 | 0 | 48 Quincy St | Cambridge | MA | 02138 | |||||
| Carl E Schorske | |||||||||||
| Trustee | 1.00 | 0 | 45 Meadow Lakes | Hightstown | NJ | 08520 | |||||
| Renee Price | |||||||||||
| DIR/ & EX-OFFO | 40.00 | 461160 | 1048 Fifth Ave | New York | NY | 10028 | 27453 | ||||
| Ronald S Lauder | |||||||||||
| Pres. & Trustee | 5.00 | 0 | 767 Fifth Aveune Suite 4200 | New York | NY | 10153 | |||||
Compensation Of Highest Paid Empl CompensationOfHighestPaidEmpl (5 entries)
| NameName | Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Average Hours Per WeekAverageHoursPerWeek | CompensationCompensation | Employee BenefitsEmployeeBenefits |
|---|---|---|---|---|---|---|---|---|
| Sefahiye Saglam | 1048 Fifth Avenue | New York | NY | 10028 | Registrar | 40.00 | 115000 | 13442 |
| Janis Staggs | 1048 Fifth Avenue | New York | NY | 10028 | Associate Curator | 40.00 | 115556 | 13505 |
| Max Jahn | 1048 Fifth Avenue | New York | NY | 10028 | Chief Fin. Officer | 40.00 | 150000 | 17741 |
| Mark DeMairo | 1048 Fifth Avenue | New York | NY | 10028 | Facilities Dir | 40.00 | 240000 | 10797 |
| Scott Gutterman | 1048 Fifth Avenue | New York | NY | 10028 | Deputy Director | 40.00 | 283138 | 19268 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Number Of Oth Empl Paid Over50k | 12 | TotNumberOfOthEmplPaidOver50k |
Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sami Rama | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 45 Jefferson Road | AddressLine1 |
| City | Branford | City |
| State | CT | State |
| ZIP Code | 06405 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Service | Exhibit | TypeOfService |
| Compensation | 61420 | Compensation |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | The Neue Galerie New York (the "Museum") mission is to exhibit, collect, preserve and research objects of fine and decorative art and photography, including works of German and Austrian artists. The Museum develops and owns a permanent collection of German and Austrian art and borrows important pieces from collectors and other Museums. The Museum organizes at least one major exhibition each year; it also develops educational programs and cooperates with other educational institutions in New York, giving guided tours of the Museum for classes and students. | Description1 |
| Expenses1 | 5807592 | Expenses1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 4897848 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 528541 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 5426389 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Adj Total FMV Of Unused Assets | 5426389 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 81396 | CashDeemedCharitable |
| Net Noncharitable Assets | 5344993 | NetNoncharitableAssets |
| Minimum Investment Return | 267250 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | X | Sect4942j3j5FndtnAndFrgnOrg |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 5515475 | ExpensesAndContributions |
| Amounts Paid Acq Charitable Assets | 70769 | AmountsPaidAcqCharitableAssets |
| Qualifying Distributions | 5586244 | QualifyingDistributions |
| Adj Qualifying Distributions | 5586244 | AdjQualifyingDistributions |
Private Operating Foundations PrivateOperatingFoundations
| Field | Value | IRS element (for citing) |
|---|---|---|
| Date Of Ruling | 1999-12-07 | DateOfRuling |
| Section4942j3 | X | Section4942j3 |
Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 267250 | CurrentYear |
| Year1 | 562340 | Year1 |
| Year2 | 534403 | Year2 |
| Year3 | 478529 | Year3 |
| Total | 1842522 | Total |
Percent85 Of Lessor Percent85OfLessor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 227163 | CurrentYear |
| Year1 | 477989 | Year1 |
| Year2 | 454243 | Year2 |
| Year3 | 406750 | Year3 |
| Total | 1566145 | Total |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 5586244 | CurrentYear |
| Year1 | 5407840 | Year1 |
| Year2 | 5205949 | Year2 |
| Year3 | 5711846 | Year3 |
| Total | 21911879 | Total |
Qlfy Distri Made Directly QlfyDistriMadeDirectly
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 5586244 | CurrentYear |
| Year1 | 5407840 | Year1 |
| Year2 | 5205949 | Year2 |
| Year3 | 5711846 | Year3 |
| Total | 21911879 | Total |
Two Thirds Min Invst Return TwoThirdsMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 178166 | CurrentYear |
| Year1 | 374893 | Year1 |
| Year2 | 559394 | Year2 |
| Year3 | 752654 | Year3 |
| Total | 1865107 | Total |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Ronald S Lauder | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Program Service Revenue Part VII ProgramServiceRevenuePartVII (3 entries)
| DescriptionDescription | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|
| Other revenue | 75034 |
| Museum Admissions | 1427684 |
| Membership revenue | 772560 |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $691 | ExclusionAmount |
Gross Profit Loss Sales Of Invntry GrossProfitLossSalesOfInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Income | 669687 | RelatedOrExemptFunctionIncome |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Cafe Revenue | Description |
| Business Code | 712100 | BusinessCode |
| Unrelated Business Income | $297,752 | UnrelatedBusinessIncomeAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $297,752 | UnrelatedBusinessIncomeAmount |
| Exclusion | $691 | ExclusionAmount |
| Related Or Exempt Function Income | 2944965 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 3243408 | TotalPartXVIA |
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps
Rln Of Acty To Accom Of Exempt Prps RlnOfActyToAccomOfExemptPrps (3 entries)
| Line NumberLineNumber | Relationship StatementRelationshipStatement |
|---|---|
| 1c | Revenue, principally rental of facilities. |
| 1b | Admission fees to the Neue Galerie New York Museum. |
| 1a | Revenue from Neue Galerie New York memberships |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo (6 entries)
| Contributor NumberContributorNumber | Contributor Name IndividualContributorNameIndividual | Address Line1ContributorAddressUS/AddressLine1 | CityContributorAddressUS/City | StateContributorAddressUS/State | ZIP CodeContributorAddressUS/ZIPCode | Aggregate ContributionsAggregateContributions | Person Contribution TypePersonContributionType |
|---|---|---|---|---|---|---|---|
| 6 | Deborah Buck | 14 East 90th Street | New York | NY | 10128 | 15000 | X |
| 5 | Richard Laura Parsons | 166 Duane Street PH-B | New York | NY | 10013 | 15000 | X |
| 4 | Gail CGove | 1211 Avenue of the Americas 7F | New York | NY | 10036 | 20000 | X |
| 3 | Max Rifkind-Barron | One Columbus Place Apt N-7H | New York | NY | 10019 | 5000 | X |
| 2 | The Estee Lauder Fund | Pttrsn Blknap 1133 6th Avenue | New York | NY | 10036 | 25000000 | X |
| 1 | Estee Lauder 2004 Char Tr | 767 Fifth Ave 40th FL | New York | NY | 10153 | 3233788 | X |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Audit and tax services | Category |
| Amount | $36,973 | Amount |
| Net Investment Income | 185 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 74442 | DisbursementsCharitablePrps |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Explanation ContractorCompExplanation
Contractor Name Business ContractorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Sami Rama | BusinessNameLine1 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc (3 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|---|
| Improvements | 5776979 | 1574073 | 4202906 | 4202906 |
| Machinery and Equipment | 401190 | 361135 | 40055 | 40055 |
| Furniture and Fixtures | 635471 | 618229 | 17242 | 17242 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Administrative | Category |
| Amount | $20,243 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 0 | AdjustedNetIncome |
| Disbursements Charitable Prps | 15247 | DisbursementsCharitablePrps |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Mortgage | $9,125,380 | TotalMortgageAmount |
Note Payable NotePayable (2 entries)
| IndividualLendersName/Individual | Relationship To InsiderRelationshipToInsider | Original Amount Of LoanOriginalAmountOfLoan | Date Of NoteDateOfNote | Maturity DateMaturityDate | Repayment TermsRepaymentTerms | Interest RateInterestRate | Security Provided By BorrowerSecurityProvidedByBorrower | Purpose Of LoanPurposeOfLoan |
|---|---|---|---|---|---|---|---|---|
| Christie's Inc | None | 86750000 | 2006-05 | 2007-05 | Short Term Related to Art Sale | 6.8700 | Works of Art | Art Purchase |
| Bank of America | 15000000 | 2006-01 | Demand loan | 6.8500 |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets (2 entries)
| DescriptionDescription | BOY Book ValueBOYBookValue | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| Other Assets | 5086 | 5086 | 5086 |
| Art & Artifacts | 169971844 | 169982885 | 169982885 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | UNREALIZED LOSS ON INVESTMENTS | Description |
| Amount | $204,000 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (15 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Adjusted Net IncomeAdjustedNetIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| Telephone | 46585 | 6988 | 35562 |
| Shipping | 315053 | 96573 | 191924 |
| Security Costs | 912513 | 288203 | 749916 |
| Public Programs | 20170 | 1879 | 19697 |
| Postage, mailings and delivery | 101785 | 5089 | 96696 |
| Miscellaneous | 22419 | 1741 | 20767 |
| Materials & Supplies | 241359 | 78208 | 174417 |
| Maintenance & Utilities | 713904 | 179161 | 636337 |
| Insurance | 498057 | 55436 | 443305 |
| Exhibition & Design Services | 427625 | 93025 | 271350 |
| Data connections | 13640 | 682 | 12360 |
| Credit Card/Bank Charges | 90078 | 89979 | 99 |
| Catalogue Service Fees | 73857 | 5481 | 20372 |
| BANK CHARGES | 18483 | 20 | 18438 |
| Advertising & Public Relations | 26225 | 6464 | 16956 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (4 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks |
|---|---|
| Other revenue | 75034 |
| Museum Admissions | 1427684 |
| Membership revenue | 772560 |
| Cafe Revenue | 297752 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Information technology | Category |
| Amount | $156,253 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Adjusted Net Income | 14803 | AdjustedNetIncome |
| Disbursements Charitable Prps | 143256 | DisbursementsCharitablePrps |
Sales Of Inventory List SalesOfInventoryList
Sale Of Inventory SaleOfInventory
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Bookstore | Category |
| Gross Sales | 1415603 | GrossSales |
| Cost Of Goods Sold | 745916 | CostOfGoodsSold |
| Net | 669687 | Net |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Excise | Category |
| Amount | $126 | Amount |
Comments