STORM KING ART CENTER: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- STORM KING ART CENTER (EIN 14-1457573)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-08
- IRS object ID
- 201213139349300906
- Schema version
- 2011v1.3
- 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 | 2012-11-08T09:58:27-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNERAMPER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 750 THIRD AVENUE | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 100172703 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 141457573 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Storm King Art Center | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % DWAYNE JARVIS | InCareOfName |
| Name Control | STOR | NameControl |
| Phone | 8455343115 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 280 | AddressLine1 |
| Address Line2 | Old Pleasant Hill Road | AddressLine2 |
| City | MOUNTAINVILLE | City |
| State | NY | State |
| ZIP Code | 10953 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DWAYNE JARVIS | Name |
| Title | Controller | Title |
| Date Signed | 2012-11-07 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JULIE FLOCH | Name |
| Phone | 2129498700 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOHN P STERN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 280 | AddressLine1 |
| City | MOUNTAINVILLE | City |
| State | NY | State |
| ZIP Code | 10953 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 7137798 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | STORMKING.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1960 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | TO PRESERVE AND ENHANCE ITS COLLECTIONS, TO PROVIDE EDUCATIONAL PROGRAMS, TO PROTECT LAND AND PROMOTE LAND CONSERVATION, AND TO CONTRIBUTE TO THE CULTURAL LIFE AND PROSPERITY OF OUR COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 49 | TotalNbrEmployees |
| Total Gross UBI | -3392 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -3392 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2673931 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4028005 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 713127 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 661571 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1496995 | InvestmentIncomePriorYear |
| Investment Income Current Year | 813470 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 115750 | OtherRevenuePriorYear |
| Other Revenue Current Year | 130016 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4999803 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5633062 | 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 | 1529446 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1982644 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 289623 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4133620 | OtherExpensePriorYear |
| Other Expenses Current Year | 3869811 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5663066 | TotalExpensesPriorYear |
| Total Expenses Current Year | 5852455 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -663263 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -219393 | RevenuesLessExpensesCY |
| Total Assets BOY | 37377231 | TotalAssetsBOY |
| Total Assets EOY | 37464767 | TotalAssetsEOY |
| Total Liabilities BOY | 202214 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 412489 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 37175017 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 37052278 | NetAssetsOrFundBalancesEOY |
| Mission Description | EXHIBIT, ACQUIRE, BORROW AND CONSERVE MODERN AND CONTEMPORARY ART WITH A FOCUS ON LARGE-SCALE SCULPTURE THAT IT SITES IN ITS EXPANSIVE LANDSCAPE, TO CREATE A DYNAMIC AND UNIQUE PLACE TO EXPLORE ART IN NATURE; PROVIDE ENGAGING EXHIBITIONS, EDUCATIONAL AND PUBLIC PROGRAMS, AND SPECIAL EVENTS; CONTRIBUTE TO AN ART HISTORICAL DISCOURSE THORUGH SCHOLARLY RESEARCH AND PUBLICATIONS; VALUE ITS RELATIONSHIPS WITH ARTISTS AND ENCOURAGES DEVELOPMENT OF THEIR IDEAS AND PRACTICES; WISELY STEWARD AND CONSERVE ITS NATURAL SETTING BY ADOPTING SOUND AND SUSTAINABLE MANAGEMENT PRACTICES; AS AN INTERNATIONAL DESTINATION, CONTRIBUTE TO THE CULTURAL LIFE AND PROSPERITY OF THE REGION. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 4468149 | Expense |
| Revenue | 661571 | Revenue |
| Description | EXHIBITION: The Museum is dedicated to putting its collections on view in Mountainville NY and by loan elsewhere, as well as borrowing works of art for exhibition. The highest standards of scholorship, maintenance, installation, and interaction with the public all contribute to this critical exhibiting role. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 40034 | Expense |
| Description | COLLECTION CONSERVATION: Storm King Art Center's principal duty is to keep its collections intact for future generations and to pass these on in optimum condition. To carry out this responsibility the Storm King Art Center strives to maintain effective programs of security, building maintenance, environmental control, and conservation. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 202675 | Expense |
| Description | EDUCATION: To provide a dynamic, cultural and educational program that enhances and enlivens the visitor's relationship with the art and landscape. Storm King offers opportunities for multiple levels of engagement and educational programming for visitors of all ages. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 4710858 | 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 | true | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | 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 | false | 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 | 23 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 49 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | BD | NameOfForeignCountry |
| 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 | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | 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 | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | DWAYNE JARVIS | NamePerson |
| Telephone Number | 8455343115 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | OLD PLEASANT ROAD | AddressLine1 |
| City | Mountainville | City |
| State | NY | State |
| ZIP Code | 10953 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (20 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| PETER BIENSTOCK | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| DAVID R COLLENS | ||||||
| TRUSTEE/CURATOR | 52.0 | X | 168000 | 0 | 21473 | X |
| THE DUKE OF DEVONSHIRE | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| DAVID DIAMOND | ||||||
| TREASURER | 1.0 | X | 0 | 0 | 0 | X |
| CHRISTOPHER J ELLIMAN | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| JAMES H OTTAWAY JR | ||||||
| VICE CHAIRMAN | 1.0 | X | 0 | 0 | 0 | X |
| NICHOLAS A POLSKY | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| ANNE P SIDAMON-ERISTOFF | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| RICHARD J SMITH | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| BEATRICE STERN | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| H PETER STERN | ||||||
| CHAIRMAN | 15.0 | X | 0 | 0 | 35892 | X |
| JOHN P STERN | ||||||
| TRUSTEE /PRESIDENT | 52.0 | X | 250000 | 0 | 12250 | X |
| LISA STERN | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| HUME R STEYER | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| ADAM D WEINBERG | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| ERNEST OHNELL | ||||||
| TRUSTEE | 1.0 | X | 0 | 0 | 0 | |
| ROSEMARIE L WOOD | ||||||
| ASST TREASURER (until 1/11) | 52.0 | 69392 | 0 | 1676 | X | |
| GEORGENE ZLOCK | ||||||
| SECRETARY (UNTIL 2/11) | 52.0 | 89538 | 0 | 838 | X | |
| DWAYNE JARVIS | ||||||
| CONTROLLER (began 1/11) | 48.0 | 80000 | 0 | 4000 | X | |
| ANTHONY DAVIDOWITZ | ||||||
| SECRETARY & DIR LEGAL AFFAIRS | 52.0 | 87692 | 0 | 9413 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 744622 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 85542 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Membership Dues | 95385 | MembershipDues |
| Fundraising Events | 540310 | FundraisingEvents |
| All Other Contributions | 3392310 | AllOtherContributions |
| Noncash Contributions | 3439 | NoncashContributions |
| Total Contributions | 4028005 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ADMISSIONS FEES | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 661571 | TotalRevenueColumn |
| Related Or Exempt Function Income | 661571 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 661571 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 210823 | TotalRevenueColumn |
| Unrelated Business Revenue | -2699 | UnrelatedBusinessRevenue |
| Exclusion | $213,522 | 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 | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 29400 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 30093 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -693 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -693 | TotalRevenueColumn |
| Unrelated Business Revenue | -693 | UnrelatedBusinessRevenue |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1943269 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1340622 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 602647 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 602647 | TotalRevenueColumn |
| Exclusion | $602,647 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 59670 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 540310 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 59670 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 87914 | GrossSalesOfInventory |
| Cost Of Goods Sold | 74351 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13563 | TotalRevenueColumn |
| Exclusion | $13,563 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER REVENUE | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 117146 | TotalRevenueColumn |
| Exclusion | $117,146 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 117146 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5633062 | TotalRevenueColumn |
| Related Or Exempt Function Income | 661571 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -3392 | UnrelatedBusinessRevenue |
| Exclusion | $946,878 | 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 | 0 | Total |
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 | 830165 | Total |
| Program Services | 664132 | ProgramServices |
| Management And General | 124525 | ManagementAndGeneral |
| Fundraising | 41508 | Fundraising |
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 | 801815 | Total |
| Program Services | 627438 | ProgramServices |
| Management And General | 77518 | ManagementAndGeneral |
| Fundraising | 96859 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 69922 | Total |
| Program Services | 55938 | ProgramServices |
| Management And General | 10488 | ManagementAndGeneral |
| Fundraising | 3496 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 127204 | Total |
| Program Services | 101762 | ProgramServices |
| Management And General | 19081 | ManagementAndGeneral |
| Fundraising | 6361 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 153538 | Total |
| Program Services | 122830 | ProgramServices |
| Management And General | 23031 | ManagementAndGeneral |
| Fundraising | 7677 | 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 | 19922 | Total |
| Program Services | 15938 | ProgramServices |
| Management And General | 2988 | ManagementAndGeneral |
| Fundraising | 996 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44000 | Total |
| Program Services | 35200 | ProgramServices |
| Management And General | 6600 | ManagementAndGeneral |
| Fundraising | 2200 | Fundraising |
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 | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 238565 | Total |
| Management And General | 238565 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 217091 | Total |
| Program Services | 173672 | ProgramServices |
| Management And General | 32564 | ManagementAndGeneral |
| Fundraising | 10855 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 143469 | Total |
| Program Services | 135065 | ProgramServices |
| Management And General | 4146 | ManagementAndGeneral |
| Fundraising | 4258 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 264275 | Total |
| Program Services | 199160 | ProgramServices |
| Management And General | 59320 | ManagementAndGeneral |
| Fundraising | 5795 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 173881 | Total |
| Program Services | 111439 | ProgramServices |
| Management And General | 56581 | ManagementAndGeneral |
| Fundraising | 5861 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44167 | Total |
| Program Services | 35334 | ProgramServices |
| Management And General | 8392 | ManagementAndGeneral |
| Fundraising | 441 | 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 | 10699 | Total |
| Program Services | 1605 | ProgramServices |
| Management And General | 535 | ManagementAndGeneral |
| Fundraising | 8559 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 763772 | Total |
| Program Services | 679757 | ProgramServices |
| Management And General | 84015 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 142570 | Total |
| Program Services | 112630 | ProgramServices |
| Management And General | 28514 | ManagementAndGeneral |
| Fundraising | 1426 | Fundraising |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| COST OF EXHIBITIONS | 1090763 | 973054 | 6924 | 110785 |
| MISCELLANEOUS EXPENSES | 745758 | 671920 | 70192 | 3646 |
| DEVELOPMENT EXPENSES | -29121 | -6016 | -2005 | -21100 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5852455 | Total |
| Program Services | 4710858 | ProgramServices |
| Management And General | 851974 | ManagementAndGeneral |
| Fundraising | 289623 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 914433 | BOY |
| EOY | 1218533 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 210904 | BOY |
| EOY | 262112 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 87250 | BOY |
| EOY | 299983 | 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 | 298009 | BOY |
| EOY | 292970 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38169 | BOY |
| EOY | 72030 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 29408790 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 16758983 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13417569 | BOY |
| EOY | 12649807 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9159495 | BOY |
| EOY | 9248086 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12785703 | BOY |
| EOY | 12939667 | 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 | 465699 | BOY |
| EOY | 481579 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37377231 | BOY |
| EOY | 37464767 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 202214 | BOY |
| EOY | 412489 | 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 | 0 | BOY |
| EOY | 0 | 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 | 0 | BOY |
| EOY | 0 | 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 | 0 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 202214 | BOY |
| EOY | 412489 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35793409 | BOY |
| EOY | 35171586 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1381608 | BOY |
| EOY | 1880692 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37175017 | BOY |
| EOY | 37052278 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37377231 | BOY |
| EOY | 37464767 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -219393 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 96654 | 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 | 2455974 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2038159 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1776786 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2673931 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4028005 | CurrentTaxYear |
| Total | 12972855 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2455974 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2038159 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1776786 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2673931 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4028005 | CurrentTaxYear |
| Total | 12972855 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 6666798 | AmountsSubstContributorsTotal |
| Public Support Total170 | 6306057 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 282590 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 203460 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 229168 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 176292 | CurrentTaxYearMinus1Year |
| Current Tax Year | 210823 | CurrentTaxYear |
| Total | 1102333 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 1842 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 123224 | CurrentTaxYearMinus1Year |
| Current Tax Year | 116453 | CurrentTaxYear |
| Total | 241519 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 14316707 | TotalSupport |
| Gross Receipts From Admissions Etc | 2970665 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.44047 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.39621 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Historic Land Area | X | HistoricLandArea |
| Total Number Of Easements | 1 | TotalNumberOfEasements |
| Total Acreage | 30.00 | TotalAcreage |
| Nmbr Hist Struct Easements | 1 | NmbrHistStructEasements |
| Nmbr Hist Struct Easements After | 1 | NmbrHistStructEasementsAfter |
| Nmbr Easements Modified | 0 | NmbrEasementsModified |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | true | Sect170hRequirementsSatisfied |
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| 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 | false | SolicitedAssetsForSale |
| Current Year Minus3 Years | CurrentYearMinus3Years |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4401702 | OtherCostOrOtherBasis |
| Book Value | 4401702 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6960492 | OtherCostOrOtherBasis |
| Depreciation | 3742557 | Depreciation |
| Book Value | 3217935 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements | |
| Equipment | Equipment |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18046596 | OtherCostOrOtherBasis |
| Depreciation | 13016426 | Depreciation |
| Book Value | 5030170 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 12649807 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LP INVESTMENTS | Description |
| Book Value | 12939667 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 12939667 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
| Total Of Amounts | 0 | TotalOfAmounts |
| Total Revenue | 5633062 | TotalRevenue |
| Total Expenses | 5852455 | TotalExpenses |
| Excess Or Deficit For Year | -219393 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -39613 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -39613 | TotalAdjustments |
| Excess Or Deficit Per FS | -259006 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 5354882 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -39613 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -39613 | RevenueNotRptdF990 |
| Revenue Subtotal | 5394495 | RevenueSubtotal |
| Investment Expenses Not Included | 238567 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 238567 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5633062 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5613888 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 5613888 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 238567 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 238567 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 5852455 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Collections | Schedule D Part III | Storm King Art Center's permanent collection includes more than 120 world-class examples of modern and contemporary art. The collection is primarily comprised of large-scale sculpture suited for outdoor display across Storm King's 500 acres, including stellar examples of work by artists such as David Smith, Magdalena Abakanowitz, and Louise Nevelson. Some works, including those by Richard Serra, Robert Grosvenor, and Andy Goldsworthy, were created specifically for display at Storm King. Dispersed among works in the permanent collection are sculptures on long-term loan to Storm King. Exhibitions take place both within Storm King's museum building's galleries and outdoors, complementing Storm King's long-term displays. |
| Art Collections Financial Statements explanation | Schedule D Part III | IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS, PURCHASED AND DONATED ARTWORKS ARE NOTE INCLUDED AT THEIR COSTS OR FAIR VALUES IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION. LIKEWISE, THE LOAN VALUES ASSOCATED WITH BORROWED ARTWORKS ARE NOT INCLUDED IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES. IN 2011 AND 2010, TOTAL ARTWORK WAS INSURED BY THE ART CENTER FOR $100 MILLION. THE FAIR VALUE OF BORROWED ARTWORKS APPROXIMATED $132,475,000 AND $138,490,500 IN 2011 AND 2010, RESPECTIVELY. |
| INCOME TAXES | Schedule D part XIV | THE ART CENTER ADOPTED THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD'S ACCOUNTING STANDARDS CODIFICATION ("ASC") 740-10-05 RELATING TO ACCOUNTING AND REPORTING FOR UNCERTAINTY IN INCOME TAXES. BECAUSE OF THE ART CENTER'S GENERAL TAX-EXEMPT STATUS, THE ADOPTION OF ASC 740-10-05 HAS NOT HAD, AND IS NOT EXPECTED TO HAVE, A MATERIAL IMPACT ON THE ART CENTER'S FINANCIAL STATEMENTS. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GALA | NameOfEvent1 |
| Gross Receipts Event1 | 598230 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 538560 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 59670 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 59670 | OtherDirectExpensesEvent1 |
| Name Of Event2 | ANNUAL LUNCH | NameOfEvent2 |
| Gross Receipts Event2 | 1750 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 1750 | CharitableContributionsEvent2 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 599980 | GrossReceiptsTotal |
| Charitable Contributions Total | 540310 | CharitableContributionsTotal |
| Gross Revenue Total Events | 59670 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 59670 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 59670 | DirectExpenseSummaryEvents |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Personal Services | X | PersonalServices |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| 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 | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID R COLLENS | |||||||||||||
| 168000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21473 | 0 | 189473 | 0 | 0 | 0 |
| JOHN P STERN | |||||||||||||
| 250000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12250 | 0 | 262250 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE J, PART I, LINE 1A | Identifier |
| Explanation | BOARD CHAIRMAN H. PETER STERN RECEIVES COMPENSATION IN THE FORM OF HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES AND PERSONAL SERVICES SUCH AS A CHAUFFEUR. OFFICERS ROSEMARIE L. WOOD AND GEORGENE ZLOCK RECEIVE COMPENSATION IN THE FORM OF HOUSING ALLOWANCE THROUGH FEBRUARY 2011. | Explanation |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty | |
| Securities Publicly Traded | SecuritiesPubliclyTraded | |
| 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 | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | BUILDING AND GROUNDS WORK | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 3439 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11A | THE RETURN IS PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD FOR REVIEW AND COMMENTS. THE FINAL RETURN IS DISCUSSED AND APPROVED BY THE COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH YEAR ALL EXECUTIVE COMMITTEE BOARD MEMBERS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY. ANY NEW MEMBERS ARE REQUIRED TO REVIEW THE POLICY BEFORE ACCEPTING THE POSITION. AT COMMITTEE MEETINGS ANY CONFLICT OF INTEREST ISSUES ARE RAISED, DISCUSSED AND RESOLVED AS NECESSARY. ALL BOARD MEMBERS ARE REQUIRED TO SIGN AND SUBMIT A CONFLICT OF INTEREST QUESTIONNAIRE. |
| FORM 990, PART VI, SECTION B, LINE 15B | Compensation packages are reviewed annually by the Compensation Committee of the Board based on comparison to industry standards. Additional consideration is given into available funding sources for supporting the compensation package. |
| FORM 990, PART VI, SECTION A, LINE 2 | Board Member H. Peter Stern is the father of the following board members Lisa, Beatrice and John Stern. |
| FORM 990, PART XI, LINE 5 | OTHER CHANGES IN NET ASSETS ARE ATTRIBUTABLE TO NET UNREALIZED GAINS ON INVESTMENTS OF $39,613 AND A NET ASSET RESTATEMENT OF $57,041 TO PROPERLY REFLECT THE FAIR MARKET VALUE OF AN INVESTMENT PREVIOUSLY AQUIRED. |
| EXTENSION OF TIME TO FILE | FORM 8868 APPLICATION FOR EXTENSION OF TIME TO FILE AN EXEMPT ORGANIZATION RETURN WAS FILED. |
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