MAGNUM CULTURAL FOUNDATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MAGNUM CULTURAL FOUNDATION (EIN 45-0573269)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-15
- IRS object ID
- 201133199349309958
- Schema version
- 2010v3.4
- 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 | 2011-11-15T17:12:28-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GANER GROSSBACH GANER | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1995 BROADWAY 16TH FLOOR | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10023 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 450573269 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAGNUM CULTURAL FOUNDATION | BusinessNameLine1 |
| Business Name Line2 | D/B/A THE MAGNUM FOUNDATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MAGN | NameControl |
| Phone | 2122191248 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 300 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10276 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SUSAN MEISELAS | Name |
| Title | PRESIDENT AND DIRECTOR | Title |
| Phone | 2122191248 | Phone |
| Date Signed | 2011-11-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT GANER | Name |
| Phone | 2128731472 | Phone |
| Date Prepared | 2011-11-15 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
Doing Business As DoingBusinessAs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MAGNUM FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | SUSAN MEISELAS | NameOfPrincipalOfficerPerson |
| Gross Receipts | 593758 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | MAGNUMFOUNDATION.ORG | WebSite |
| Type Of Organization Other | X | TypeOfOrganizationOther |
| Type Of Org Other Description | FOUNDATION | TypeOfOrgOtherDescription |
| Year Formation | 2007 | YearFormation |
| State Legal Domicile | NY | StateLegalDomicile |
| Activity Or Mission Description | THE MAGNUM CULTURAL FOUNDATION AIMS TO FOSTER PUBLIC EDUCATION AND AWARENESSBY STUDYING, PRESERIVNG, OWNING, EXHIBITING, HONORING, AND TEACHING ABOUTPHOTOGRAPHIC TECHNIQUES, PROCESSES, MATERIALS AND PROPERTIES.THE FOUNDATION'S MISSION INCLUDES:-PROVIDING FINANCIAL SUPPORT TO PHOTOGRAPHERS TO DOCUMENT ISSUES OF LOCAL,NATIONAL, OR GLOBAL CONCERN BEFORE THEY REACH CRISIS PROPORTIONS, WITH AFOCUS ON SUBJECTS THAT HAVE NOT RECEIVED THE ATTENTION THEY DESERVE.-INCREASING THE IMPACT OF DOCUMENTARY PHOTOGRAPHY BY CONNECTINGPHOTOGRAPHERS AND THEIR WORK WITH NONPROFIT ORGANIZATIONS AND INDIVIDUALSCOMMITTED TO SOCIAL CHANGE.-TRAINING THE NEXT GENERATION OF IMAGE-MAKERS AND MAKING AWARDS TOOUTSTANDING YOUNG PHOTOGRAPHERS COMMITTED TO DOCUMENTARY WORK.-PRESERVING AND MAKING ACCESSIBLE SIGNIFICANT DOCUMENTARY COLLECTIONS FROMTHE PAST THAT ARE ESPECIALLY VALUABLE FOR UNDERSTANDING THE HISTORY OFEXPRESSION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 0 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 47 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 319800 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 592107 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 5 | InvestmentIncomePriorYear |
| Investment Income Current Year | 47 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1604 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 319805 | TotalRevenuePriorYear |
| Total Revenue Current Year | 593758 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 17000 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 20170 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 900 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 36362 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 21879 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 13873 | OtherExpensePriorYear |
| Other Expenses Current Year | 260640 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 68135 | TotalExpensesPriorYear |
| Total Expenses Current Year | 280810 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 251670 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 312948 | RevenuesLessExpensesCY |
| Total Assets BOY | 350989 | TotalAssetsBOY |
| Total Assets EOY | 652015 | TotalAssetsEOY |
| Total Liabilities BOY | 21451 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 9529 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 329538 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 642486 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | NONE | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 93293 | Expense |
| Grants | 125000 | Grants |
| Revenue | 11681 | Revenue |
| Description | EMERGENCY FUND: THE EMERGENCY FUND SUPPORTS EXPERIENCED PHOTOGRAPHERS WITH A COMMITMENT TO DOCUMENTING SOCIAL ISSUES, WORKING LONG-TERM, AND ENGAGING WITH AN ISSUE OVER TIME. PROJECTS ADDRESS CRITICAL GLOBAL ISSUES THAT HAVE NOT RECEIVED THE ATTENTION THEY DESERVE, OR BUDDING CRISES THAT ARE STILL OVER THE HORIZON. PHOTOGRAPHERS RETAIN THE COPYRIGHT TO THEIR WORK AND DISTRIBUTE IT WIDELY: THROUGH TRADITIONAL AND NEW MEDIA, IN COLLABORATION WITH NONPROFITS OR NGOS, AND ON THE EMERGENCY FUND WEBSITE.EACH YEAR, A DIVERSE GROUP OF PHOTOGRAPHY PROFESSIONALS NOMINATE 100 PROFESSIONAL PHOTOGRAPHERS TO SUBMIT PROPOSALS. AN INDEPENDENT EDITORIAL BOARD SELECTS 10 TO 20 PHOTOGRAPHERS BASED ON THE STRENGTH OF THEIR PROPOSALS AND THE IMPORTANCE OF THE ISSUES THEY PROPOSE TO ADDRESS TO SUPPORT. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 45704 | Expense |
| Grants | 6536 | Grants |
| Revenue | 4123 | Revenue |
| Description | BE SEEN:OVER MANY DECADES, MAGNUM PHOTOS HAS COLLABORATED WITH HUMAN RIGHTS AND HUMANITARIAN AID ORGANIZATIONS TO GROUND THEIR REPORTS AND CAMPAIGNS IN IMAGES THAT VIVIDLY CAPTURE WHAT IS AT STAKE AND, EQUALLY IMPORTANT, WHAT IS POSSIBLE THROUGH EFFECTIVE INTERVENTIONS AND REFORMS.TO MEET THE CURRENT DEMAND FROM NONPROFITS FOR VISUAL RESOURCES AND ASSISTANCE, AND TO SERVE A GREATER NUMBER AND VARIETY OF NONPROFITS AND INDIVIDUAL AGENTS OF CHANGE WORLDWIDE, THE MAGNUM FOUNDATION CREATED BE SEEN. THE PROGRAM TAPS MAGNUM PHOTO'S VAST IMAGE LIBRARY, AND DRAWS ON DECADES OF EXPERIENCE USING THE POWER OF VISUAL RESOURCES TO CREATE TIPPING POINTS OF PERCEPTION, BECAUSE IN TODAY'S WORLD, THE ABILITY TO MAKE A DIFFERENCE MAY HINGE ON THE ABILITY TO BE SEEN. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 36193 | Expense |
| Grants | 313000 | Grants |
| Description | LEGACY: AS A CORE OBJECTIVE OF THE MAGNUM FOUNDATION, THE LEGACY PROGRAM PRESERVES, INTERPRETS, MANAGES, AND MAKES ACCESSIBLE MATERIALS RELATED TO THE HISTORY OF MAGNUM PHOTOS, AND TO THE LARGER HISTORY OF PHOTOGRAPHY TO WHICH MAGNUM HAS UNIQUELY CONTRIBUTED. THROUGH ITS ARCHIVES AND RELATED ACTIVITIES, THE LEGACY PROGRAM PROMOTES RESEARCH INTO, AND APPRECIATION OF, THE PHOTOGRAPHIC MEDIUM, WHILE SAFEGUARDING FOR POSTERITY BOTH PRIMARY SOURCE MATERIAL AND ORIGINAL OBJECTS.THE LEGACY PROGRAM CONDUCTS ARCHIVAL ASSESSMENTS OF PHOTOGRAPHERS' ESTATES AND SUPPORTS SCHOLARLY WORK ABOUT PHOTOGRAPHERS' CAREERS. THE LEGACY PROGRAM ALSO COLLABORATES WITH SELECTED PARTNERS TOWARD THE DEVELOPMENT OF LARGER-SCALE EXHIBITIONS, PUBLICATIONS, AND EDUCATIONAL PROJECTS.THE FOUNDATION ENVISIONS DEVELOPING A LEGACY FELLOWSHIP TO ENCOURAGE AND SUPPORT HISTORICAL STUDY OF THE WORK OF MAGNUM PHOTOGRAPHERS. FELLOWS WILL RECEIVE A STIPEND FOR UP TO SIX MONTHS TO CONDUCT RESEARCH ABOUT ONE OR MORE MAGNUM PHOTOGRAPHERS, LIVING OR DECEASED, AND THE TIME AND PLACE IN WHICH THEY WORKED. DONATIONS IN SUPPORT OF THE LEGACY PROGRAM WILL HELP TO LAUNCH AND SUSTAIN THE LEGACY FELLOWSHIP.MAGNUMTIME IS AN INTERACTIVE TIMELINE, DRAWING TOGETHER A COLLECTIVE ORAL HISTORY OF THE COMMUNITY, WITHIN AND AROUND MAGNUM PHOTOS. PHOTOGRAPHERS, EX-MEMBERS, FORMER STAFF AND OTHER PIONEERS OF THE FIELD WILL SHARE THEIR MEMORIES THROUGH STORIES FROM OVER 60 YEARS, CAPTURED IN AUDIO AND VIDEO CLIPS AS WELL AS HISTORICAL DOCUMENTS. MAGNUMTIME WILL BE A GLOBAL RESOURCE FOR RESEARCHERS AND THE PUBLIC WITH INTEREST IN THE CHANGING WORLD OF PHOTOGRAPHY. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 30576 | Expense |
| Grants | 396 | Grants |
| Description | EDUCATION: THE MAGNUM FOUNDATION OFFERS SCHOLARSHIPS FOR THE NYU/MAGNUM FOUNDATION PHOTOGRAPHY AND HUMAN RIGHTS PROGRAM READ MORE AT NYU PRESS RELEASE 2011 NYU/MAGNUM FOUNDATION SCHOLARSHIPS (PDF)THIS 5-WEEK PROGRAM IS DESIGNED TO EXPLORE STRATEGIES TO CREATE EFFECTIVE DOCUMENTARY PROJECTS IN PURSUIT OF HUMAN RIGHTS. STUDENTS PROPOSE MULTIMEDIA OR TRADITIONAL PRESENTATION STRATEGIES FOR THEIR PHOTO ESSAYS DURING MORNING AND EVENING CLASSES. THEY LEARN THE RELEVANCE OF HUMAN RIGHTS LAW TO THE MEDIA AND DOCUMENTARY WORK AND HOW TO STRATEGIZE THEIR PROJECTS THAT AID IN THE ATTAINMENT OF SUCH BASIC RIGHTS. DURING THE FINAL TWO WEEKS, STUDENTS TAKE A COURSE IN PRESENTATION STRATEGIES.THIS PROGRAM IS INTENDED FOR INTERMEDIATE AND ADVANCED STUDENTS, INCLUDING EXPERIENCED PROFESSIONALS, WHO SEEK TO HONE THEIR DOCUMENTARY AND MEDIA SKILLS IN THE CONTEXT OF HUMAN RIGHTS. THE ASSUMPTION IS THAT ALL STUDENTS ARE RELATIVELY FLUENT WITH THE USE OF A CAMERA TO PRODUCE PHOTOGRAPHS BUT WILL BENEFIT FROM WORK ON DEVELOPING A VISUAL ESSAY FOR BOTH CONVENTIONAL AND DIGITAL MEDIA, USING VIDEO, SOUND, AND INTERACTIVE TECHNIQUES TO ENHANCE THE POWER OF THE IMAGERY. GUEST LECTURERS INCLUDE DOCUMENTARY PHOTOGRAPHERS, EDITORS, AND CRITICS.THE MAGNUM FOUNDATION IS PLEASED TO ANNOUNCE THREE SCHOLARSHIPS FOR THE 2011 NYU/MAGNUM FOUNDATION PHOTOGRAPHY AND HUMAN RIGHTS PROGRAM. A FOURTH SCHOLARSHIP WAS AWARDED TO TASLIMA AKHTER FROM BANGLADESH IN 2010 TO ATTEND THE 2011 SUMMER COURSES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 30576 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 396 | TotalOfOtherProgramServiceGrnt |
| Total Program Service Expense | 205766 | 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 | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 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 | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| 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 |
| Taxable Distributions | 1 | TaxableDistributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 0 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MAGNUM FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2122191248 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 256 MOTT STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10012 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (10 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| SUSAN MEISELAS | ||||||
| PRESIDENT & DIRECTOR | 20.00 | X | 0 | 0 | 0 | |
| MARCO BISCHOFF | ||||||
| DIRECTOR | 0.30 | 0 | 0 | 0 | X | |
| MARTINE FRANCK | ||||||
| DIRECTOR | 0.30 | 0 | 0 | 0 | X | |
| CHRISTOPHER KLATELL | ||||||
| ASSISTANT SECRETARY | 3.50 | 0 | 0 | 0 | X | |
| ANNE STRICKLAND SQUADRON | ||||||
| TREASURER AND DIRECTOR | 0.50 | 0 | 0 | 0 | X | |
| DAVID ALAN HARVEY | ||||||
| DIRECTOR | 0.30 | 0 | 0 | 0 | X | |
| ALICE SACHS ZIMET | ||||||
| DIRECTOR | 0.50 | 0 | 0 | 0 | X | |
| JAMES GOLDBERG | ||||||
| DIRECTOR | 0.30 | 0 | 0 | 0 | X | |
| STEVE MCCURRY | ||||||
| DIRECTOR | 0.30 | 0 | 0 | 0 | X | |
| ALEX WEBB | ||||||
| DIRECTOR | 0.30 | 0 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 4050 | FundraisingEvents |
| All Other Contributions | 588057 | AllOtherContributions |
| Total Contributions | 592107 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 47 | TotalRevenueColumn |
| Unrelated Business Revenue | 47 | UnrelatedBusinessRevenue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 0 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 4050 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 0 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1604 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1604 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1604 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 593758 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1604 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 47 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20170 | Total |
| Program Services | 20170 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2858 | Total |
| Management And General | 2858 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4008 | Total |
| Management And General | 4008 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1129 | Total |
| Program Services | 6 | ProgramServices |
| Management And General | 1083 | ManagementAndGeneral |
| Fundraising | 40 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7088 | Total |
| Program Services | 6399 | ProgramServices |
| Management And General | 689 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13075 | Total |
| Management And General | 13075 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| INDEPENDENT CONTRACTOR | 82603 | 58158 | 24425 | 20 |
| PHOTOGRAPHY | 63865 | 63865 | ||
| PRINTING & PRODUCTION | 18434 | 6656 | 4740 | 7038 |
| SPECIAL EVENT SUPPLIES | 17469 | 2826 | 14643 | |
| WEBSITE | 13933 | 13280 | 653 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36178 | Total |
| Program Services | 34406 | ProgramServices |
| Management And General | 1634 | ManagementAndGeneral |
| Fundraising | 138 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 280810 | Total |
| Program Services | 205766 | ProgramServices |
| Management And General | 53165 | ManagementAndGeneral |
| Fundraising | 21879 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 279778 | BOY |
| EOY | 573818 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2749 | BOY |
| EOY | 2749 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 22056 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 13108 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1962 | BOY |
| EOY | 8948 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 66500 | BOY |
| EOY | 66500 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 350989 | BOY |
| EOY | 652015 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21451 | BOY |
| EOY | 9529 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21451 | BOY |
| EOY | 9529 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -1441 | BOY |
| EOY | 31510 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10000 | BOY |
| EOY | 76188 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 329538 | BOY |
| EOY | 642486 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 350989 | BOY |
| EOY | 652015 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 312948 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
| 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 Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 592107 | CurrentTaxYear |
| Total | 592107 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 592107 | CurrentTaxYear |
| Total | 592107 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 592107 | PublicSupportTotal509 |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 592107 | CurrentTaxYear |
| Total | 592107 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 1.00000 | PublicSupportPercentage509 |
| Investment Income Percentage | 0.00000 | InvestmentIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 22056 | OtherCostOrOtherBasis |
| Depreciation | 13108 | Depreciation |
| Book Value | 8948 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 8948 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PRINT COLLECTION | Description |
| Book Value | 66500 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 66500 | TotalBookValueOtherAssets |
| Total Revenue | 593758 | TotalRevenue |
| Total Expenses | 280810 | TotalExpenses |
| Excess Or Deficit For Year | 312948 | ExcessOrDeficitForYear |
| Total Adjustments | 0 | TotalAdjustments |
| Excess Or Deficit Per FS | 312948 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 593758 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 593758 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 593758 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 280810 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 280810 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 280810 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART III, LINE 1A: | ReturnReference |
| Explanation | AS A CORE OBJECTIVE OF THE MAGNUM FOUNDATION, THE LEGACY PROGRAM PRESERVES, INTERPRETS, MANAGES, AND MAKES ACCESSIBLE MATERIALS RELATED TO THE HISTORY OF MAGNUM PHOTOS, AND TO THE LARGER HISTORY OF PHOTOGRAPHY TO WHICH MAGNUM HAS UNIQUELY CONTRIBUTED. THROUGH ITS ARCHIVES AND RELATED ACTIVITIES, THE LEGACY PROGRAM PROMOTES RESEARCH INTO, AND APPRECIATION OF, THE PHOTOGRAPHIC MEDIUM, WHILE SAFEGUARDING FOR POSTERITY BOTH PRIMARY SOURCE MATERIAL AND ORIGINAL OBJECTS. THE LEGACY PROGRAM CONDUCTS ARCHIVAL ASSESSMENTS OF PHOTOGRAPHERS' ESTATES AND SUPPORTS SCHOLARLY WORK ABOUT PHOTOGRAPHERS' CAREERS. THE LEGACY PROGRAM ALSO COLLABORATES WITH SELECTED PARTNERS TOWARD THE DEVELOPMENT OF LARGER-SCALE EXHIBITIONS, PUBLICATIONS, AND EDUCATIONAL PROJECTS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (3 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | FORM 990 IS PROVIDED TO ALL MEMBERS. | |
| DOCUMENTS AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| ALL OTHER FUNCTIONAL EXPENSES | KICKSTART CAMPAIGN & PROMOTION: PROGRAM SERVICE EXPENSES 9,530. MANAGEMENT AND GENERAL EXPENSES 23. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,553. VIDEOGRAPHER: PROGRAM SERVICE EXPENSES 6,265. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,265. PRODUCTION STAFF: PROGRAM SERVICE EXPENSES 6,130. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,130. FEES: PROGRAM SERVICE EXPENSES 4,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,000. FRAMING: PROGRAM SERVICE EXPENSES 2,825. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,825. STORAGE: PROGRAM SERVICE EXPENSES 2,057. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,057. MEALS: PROGRAM SERVICE EXPENSES 1,547. MANAGEMENT AND GENERAL EXPENSES 345. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,892. BANKING & BUSINESS FEES: PROGRAM SERVICE EXPENSES 760. MANAGEMENT AND GENERAL EXPENSES 324. FUNDRAISING EXPENSES 60. TOTAL EXPENSES 1,144. POSTAGE & SHIPPING: PROGRAM SERVICE EXPENSES 38. MANAGEMENT AND GENERAL EXPENSES 942. FUNDRAISING EXPENSES 78. TOTAL EXPENSES 1,058. VISA FEES: PROGRAM SERVICE EXPENSES 516. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 516. MEDIA SUPPLIES & OTHER MATERIALS: PROGRAM SERVICE EXPENSES 299. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 299. CATERING: PROGRAM SERVICE EXPENSES 278. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 278. PROFESSIONAL DEVELOPMENT: PROGRAM SERVICE EXPENSES 100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100. TELEPHONE: PROGRAM SERVICE EXPENSES 61. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61. | FORM 990, PART X, LINE 24F |
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