PS1 CONTEMPORARY ART CENTER INC: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- PS1 CONTEMPORARY ART CENTER INC (EIN 23-7379091)
- Tax period
- 2009-07-01 to 2010-06-30
- Filed
- 2011-05-13
- IRS object ID
- 201121339349301602
- Schema version
- 2009v1.7
- 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 | 2011-05-13T09:21:53-05:00 | Timestamp |
| Tax Period End Date | 2010-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTZ AND CARR CPAS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 EAST 42ND STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10017 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237379091 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PS 1 CONTEMPORARY ART CENTER INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PS1C | NameControl |
| Phone | 7187842084 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46-01 21ST STREET | AddressLine1 |
| City | LONG ISLAND CITY | City |
| State | NY | State |
| ZIP Code | 11101 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | john comfort | Name |
| Title | trustee | Title |
| Phone | 7187842084 | Phone |
| Date Signed | 2011-05-12 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Don Shaefitz | Name |
| Phone | 2126972299 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOMA PS1 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | John Comfort | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46-01 21ST STREET | AddressLine1 |
| City | LONG ISLAND CITY | City |
| State | NY | State |
| ZIP Code | 11101 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 4004201 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.MOMAps1.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1971 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | MoMA PS1 is one of the oldest and largest nonprofit contemporary art institutions in the United States. An exhibition space rather than a collecting institution, MoMA PS1 devotes its energy and resources to displaying the most experimental art in the world. A catalyst and an advocate for new ideas, discourses, and trends in contemporary art, MoMA PS1 actively pursues emerging artists, new genres, and adventurous new work by recognized artists in an effort to support innovation in contemporary art. MoMA PS1 achieves this mission by presenting its diverse program to a broad audience in a unique and welcoming environment in which visitors can discover and explore the work of contemporary artists. MoMA PS1 presents over 50 exhibitions each year, including artists' retrospectives, site-specific installations, historical surveys, arts from across the United States and the world, and a full schedule of music and performance programming. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 11 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 103 | TotalNbrEmployees |
| Total Nbr Volunteers | 60 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3506598 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3174173 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 777182 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 721121 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 4179 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2243 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 89833 | OtherRevenuePriorYear |
| Other Revenue Current Year | 106664 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4377792 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4004201 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2002168 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1779866 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 102535 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2464114 | OtherExpensePriorYear |
| Other Expenses Current Year | 2100576 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4466282 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3880442 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -88490 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 123759 | RevenuesLessExpensesCY |
| Total Assets BOY | 3111945 | TotalAssetsBOY |
| Total Assets EOY | 3349728 | TotalAssetsEOY |
| Total Liabilities BOY | 234766 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 348790 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 2877179 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3000938 | NetAssetsOrFundBalancesEOY |
| Mission Description | P.S. 1 Contemporary Art Center (MOMA PS1) is a contemporary art institute in Long island City, New York. An exhibition space rather than a collecting institution, MOMA PS1 devotes its energy and resources to displaying the most experimental art in the world. A catalyst and an advocate for new ideas, discourses, and trends in contemporary art, MOMA PS1 actively pursues emerging artists, new genres, and adventurous new work by recognized artists in an effort to support innovation in contemporary art. MOMA PS1 achieves this mission by presenting its diverse program to a broad audience in a unique environment in which visitors can discover and explore the work of contemporary artists. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 2515501 | Expense |
| Revenue | 721121 | Revenue |
| Description | MoMA PS1 is one of the oldest and largest non-profit contemporary art institutions in the United States. An exhibition space rather than a collecting institution, MoMA PS1 devotes its energy and resources to displaying the most experimental art in the world. A catalyst and an advocate for new ideas, discourses, and trends in contemporary art, MoMA PS1 actively pursues emerging artists, new genres, and adventurous new work by recognized artists in an effort to support innovation in contemporary art. MoMA PS1 achieves this mission by presenting its diverse program to a broad audience in a unique and welcoming environment in which visitors can discover and explore the work of contemporary artists. MoMA PS1 presents over 50 exhibitions each year, including artists' retrospectives, site-specific installations, historical surveys, arts from across the United States and the world, and a full schedule of music and performance programming. MoMA PS1 was founded in 1971 by Alanna Heiss as the Institute for Art and Urban Resources Inc., an organization devoted to organizing exhibitions in underutilized and abandoned spaces across New York City. In 1976, MoMA PS1 opened its first major exhibition in its permanent location in Long Island City, Queens, with the seminal Rooms exhibition. An invitation for artists to transform the building's unique spaces, Rooms established the MoMA PS1 tradition of transforming the building's spaces into site-specific art that continues today with long-term installations by James Turrell, Keith Sonnier, Richard Serra, Lawrence Weiner, and others. For the next twenty years, the building was used as studio, performance, and exhibition spaces, in support of artists from around the world. After a building-wide renovation, MoMA PS1 reopened in 1997, confirming its position as the leading contemporary art center in New York. True to the building's history and form, the renovation preserved much of the original architecture as well as most of its unique classroom-sized galleries. In 2000, MoMA PS1 became an affiliate of the Museum of Modern Art to extend the reach of both institutions, and combine MoMA PS1's contemporary mission with MoMA's strength as one of the greatest collecting museums of modern art. A true artistic laboratory, MoMA PS1 aspires to maintain its diverse and innovative activities to continue to bring contemporary art to international audiences. | Description |
| Total Program Service Expense | 2515501 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | 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 | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 45 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 103 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | 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 |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 11 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | 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 | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | John bailey museum of modern art | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2127089801 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 west 53rd street | AddressLine1 |
| City | new york | City |
| State | NY | State |
| ZIP Code | 10019 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| agnes gund | ||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| philip e aarons | ||||||
| VICE CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| JOHN COMFORT | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| TODD bishop | ||||||
| SECretary | 10.00 | X | X | 0 | 42908 | 0 |
| j christopher daly | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| DANA FAROUKI | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| lex fenwick | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| sydie lansing | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| PETER NORTON | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| TOM SLAUGHTER | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| BETH SWOFFORD | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| david teiger | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| KLAUS Biesenback | ||||||
| DIRECTOR (STARTED IN 1/2010) | 40.00 | X | 0 | 0 | 0 | |
| yun joo kang | ||||||
| chief admin officer | 40.00 | X | 124280 | 0 | 0 | |
| ANTIONE GUERRERO | ||||||
| DIRECTOR OF OPERATIONS | 40.00 | X | 134782 | 0 | 14525 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 259062 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 42908 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 14525 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | international protection group llc | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 south grand avenue | AddressLine1 |
| City | los angeles | City |
| State | CA | State |
| ZIP Code | 90012 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | BUILDING SECURITY | DescriptionOfServices |
| Compensation | 359759 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Government Grants | 660858 | GovernmentGrants |
| All Other Contributions | 2513315 | AllOtherContributions |
| Noncash Contributions | 71375 | NoncashContributions |
| Total Contributions | 3174173 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| admissions | 713990 | 482232 | 482232 |
| sales | 713990 | 233118 | 233118 |
| TOURING | 561520 | 5771 | 5771 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 721121 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2243 | TotalRevenueColumn |
| Exclusion | $2,243 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 63130 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 63130 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 63130 | TotalRevenueColumn |
| Exclusion | $63,130 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 43534 | TotalRevenueColumn |
| Related Or Exempt Function Income | 43534 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 43534 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4004201 | TotalRevenueColumn |
| Related Or Exempt Function Income | 764655 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $65,373 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 361319 | Total |
| Program Services | 134550 | ProgramServices |
| Management And General | 226769 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1119104 | Total |
| Program Services | 802374 | ProgramServices |
| Management And General | 231445 | ManagementAndGeneral |
| Fundraising | 85285 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13018 | Total |
| Program Services | 8239 | ProgramServices |
| Management And General | 4029 | ManagementAndGeneral |
| Fundraising | 750 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 157120 | Total |
| Program Services | 99438 | ProgramServices |
| Management And General | 48631 | ManagementAndGeneral |
| Fundraising | 9051 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 129305 | Total |
| Program Services | 81834 | ProgramServices |
| Management And General | 40022 | ManagementAndGeneral |
| Fundraising | 7449 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25000 | Total |
| Management And General | 25000 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101623 | Total |
| Program Services | 80315 | ProgramServices |
| Management And General | 21308 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 561278 | Total |
| Program Services | 430986 | ProgramServices |
| Management And General | 130292 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54737 | Total |
| Program Services | 40009 | ProgramServices |
| Management And General | 14728 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 347078 | Total |
| Management And General | 347078 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88534 | Total |
| Program Services | 17066 | ProgramServices |
| Management And General | 71468 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| contract services | 887708 | 802575 | 85133 |
| administrative & other | 34618 | 18115 | 16503 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3880442 | Total |
| Program Services | 2515501 | ProgramServices |
| Management And General | 1262406 | ManagementAndGeneral |
| Fundraising | 102535 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 198123 | BOY |
| EOY | 231762 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 676222 | BOY |
| EOY | 897498 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5000 | BOY |
| EOY | 272000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 263237 | BOY |
| EOY | 225130 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3399540 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1676202 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1969363 | BOY |
| EOY | 1723338 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3111945 | BOY |
| EOY | 3349728 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 197534 | BOY |
| EOY | 308053 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37232 | BOY |
| EOY | 40737 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 234766 | BOY |
| EOY | 348790 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12656 | BOY |
| EOY | 50595 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2782649 | BOY |
| EOY | 2868469 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 81874 | BOY |
| EOY | 81874 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2877179 | BOY |
| EOY | 3000938 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3111945 | BOY |
| EOY | 3349728 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | 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 | 3520764 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4231552 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3946668 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3506598 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3174173 | CurrentTaxYear |
| Total | 18379755 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3520764 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4231552 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3946668 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3506598 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3174173 | CurrentTaxYear |
| Total | 18379755 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 1171864 | AmountsSubstContributorsTotal |
| Public Support Total170 | 17207891 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 16188 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1406 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 41246 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 39006 | CurrentTaxYearMinus1Year |
| Current Tax Year | 65373 | CurrentTaxYear |
| Total | 163219 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 6762 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9758 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 54412 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 113032 | CurrentTaxYearMinus1Year |
| Current Tax Year | 43534 | CurrentTaxYear |
| Total | 227498 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 18770472 | TotalSupport |
| Gross Receipts From Admissions Etc | 3848614 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.91680 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.93700 | 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
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 84919 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 14 | InvestmentEarningsOrLosses |
| End Of Year Balance | 84933 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 84207 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 712 | InvestmentEarningsOrLosses |
| End Of Year Balance | 84919 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.96400 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.03600 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3185600 | OtherCostOrOtherBasis |
| Depreciation | 1610600 | Depreciation |
| Book Value | 1575000 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 159200 | OtherCostOrOtherBasis |
| Depreciation | 62865 | Depreciation |
| Book Value | 96335 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 54740 | OtherCostOrOtherBasis |
| Depreciation | 2737 | Depreciation |
| Book Value | 52003 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1723338 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SALARIES & PAYROLL TAXES PAYABLE | Description |
| Amount | $40,737 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 40737 | TotalOfAmounts |
| Total Revenue | 4004201 | TotalRevenue |
| Total Expenses | 3880442 | TotalExpenses |
| Excess Or Deficit For Year | 123759 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | 123759 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 4124201 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 120000 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 120000 | RevenueNotRptdF990 |
| Revenue Subtotal | 4004201 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 4004201 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 4000442 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 120000 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 120000 | ExpensesNotRptdF990 |
| Expenses Subtotal | 3880442 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 3880442 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part V, Line 4: | Identifier |
| Return Reference | Description of Intended Use of Endowment Funds: | ReturnReference |
| Explanation | PS1's endowment consists of one donor-restricted fund established for a memorial endowment fund. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 71375 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | fair market value | MethodOfDeterminingRevenues |
| 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 (5 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section B, line 11 | Information for PS1's form 990 is generated from PS1's financial records with input from PS1 departments and compiled by external tax advisers. It is then reviewed by PS1 senior staff including the Director and the Chief Administrative Officer. The 990 is then presented to the chair of PS1's Finance Committee of the Board of Directors for review and comment. A copy of the 990 is provided to each member of the Board of Directors electronically or in printed copy. |
| Form 990, Part VI, Section B, line 12c | On an annual basis, PS1 distributes its Code of Conduct to all voting members of the Board of Directors and designated employees and requires that Conflict of Interest Questionnaires be completed and returned for initial review by the Secretary to the Board for Board Members, and Chief Administrative Officer for employees. Amongst other things, the Code of Conduct and Conflict of Interest Questionnaire requires the responder to: confirm that he or she has read and understands the Code of Conduct, agrees to abide by it, identify whether he or she or a family member has any relationship with PS1 that may represent a conflict of interest as defined by the Code and report any knowledge of a transaction which should be reported under the Code, etc. When potential employee conflicts of interest are reported or identified, when necessary, an investigation is conducted to determine the facts and circumstances and a recommendation of action, if warranted. Such action may include but is not limited to prohibiting the individual from participating in deliberations and decisions regarding the transaction in question, or taking disciplinary action which, in appropriate circumstances may include suspension or termination. The employee's supervisor is notified of an employee with identified conflicts and the action to be taken, if any. When potential Directors conflicts of interest are reported or identified, the Secretary to the Board makes a report to a committee of the Board of Directors. The committee will review the report in order to determine a course of action if warranted, including but not limited to disclosure to the Board of Directors, prohibiting the involved Director from participating in and/or voting on the transaction in question, resignation from the Board of Directors, etc. |
| Form 990, Part VI, Section B, line 15 | Compensation for PS1 officers is reviewed annually by the PS1 executive committee. |
| Form 990, Part VI, Section C, line 19 | PS1's governing documents are available upon request. |
| form 990, part xi, line 2c: | The Finance committee assumes the responsibility for the audit. The process has not changed from prior years. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Museum of Modern Art | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 west 53rd street | AddressLine1 |
| City | new york | City |
| State | NY | State |
| ZIP Code | 10019 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131624100 | EIN |
| Primary Activities | art museum | PrimaryActivities |
| Legal Domicile State | NY | LegalDomicileState |
| Exempt Code Section | 501(c)(3) | ExemptCodeSection |
| Public Charity Status | Line 7 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| Museum of Modern Art | |
| C | 761031 |
| Museum of Modern Art | |
| L | 594529 |
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