ARTSTOR INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ARTSTOR INC (EIN 30-0152767)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-10-17
- IRS object ID
- 201142909349300504
- 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 | 2011-10-17T08:07:42-04:00 | 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 | 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 | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 300152767 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARTSTOR INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ARTS | NameControl |
| Phone | 2125002400 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 151 EAST 61ST STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10065 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES SHULMAN | Name |
| Title | PRESIDENT | Title |
| Date Signed | 2011-10-07 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2129498700 | Phone |
| 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) |
|---|---|---|
| Name Of Principal Officer Person | JAMES SHULMAN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 151 EAST 61ST STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10065 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 9221268 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.ARTSTOR.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2002 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | ARTSTOR INC. IS A NOT-FOR-PROFIT ORGANIZATION WITH A MISSION TO USE DIGITAL TECHNOLOGY TO ENHANCE SCHOLARSHIP, TEACHING AND LEARNING IN THE ARTS, HUMANITIES, AND ASSOCIATED FIELDS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 12 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 71 | TotalNbrEmployees |
| Total Nbr Volunteers | 1 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 281070 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 730071 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 7839009 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 8170023 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 110742 | InvestmentIncomePriorYear |
| Investment Income Current Year | 321174 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 8230821 | TotalRevenuePriorYear |
| Total Revenue Current Year | 9221268 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5504656 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6048284 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 106511 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 5545716 | OtherExpensePriorYear |
| Other Expenses Current Year | 5126089 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 11050372 | TotalExpensesPriorYear |
| Total Expenses Current Year | 11174373 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2819551 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1953105 | RevenuesLessExpensesCY |
| Total Assets BOY | 16125091 | TotalAssetsBOY |
| Total Assets EOY | 14508143 | TotalAssetsEOY |
| Total Liabilities BOY | 2735565 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2709806 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 13389526 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 11798337 | NetAssetsOrFundBalancesEOY |
| Mission Description | ARTSTOR INC. IS A NOT-FOR-PROFIT ORGANIZATION WITH A MISSION TO USE DIGITAL TECHNOLOGY TO ENHANCE SCHOLARSHIP, TEACHING AND LEARNING IN THE ARTS, HUMANITIES, AND ASSOCIATED FIELDS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 9283031 | Expense |
| Revenue | 8170023 | Revenue |
| Description | ARTSTOR INC IS DEVELOPING AND MAKING AVAILABLE FOR EDUCATIONAL AND SCHOLARLY USES WORLDWIDE, A DIGITAL LIBRARY OF IMAGES OF ART WORKS AND OTHER MATERIALS AS WELL AS SOFTWARE TOOLS TO ACCESS THOSE IMAGES AND MATERIALS. ARTSTOR INC. IS ALSO DEVELOPING A WEB-BASED IMAGE MANAGEMENT & CATALOGING PLATFORM. | Description |
| Total Program Service Expense | 9283031 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | 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 | true | 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 | false | 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 | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | 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 |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 21 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 71 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| 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 | 12 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | 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 | true | 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 | DE | StatesWhereCopyOfReturnIsFiled |
| 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 | CHRIS VANACORE | NamePerson |
| Telephone Number | 2125002400 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 151 E 61ST STREET | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10065 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| NEIL RUDENSTINE | ||||||||
| CHAIRMAN | 2.0 | X | X | 0 | 0 | 0 | ||
| KWAME APPIAH | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| GREGORY AVIS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| DANIEL GREENSTEIN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| CAROL MANDEL | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| MICHELE MYERS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| DONALD OPATRNY | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| PETER WENDELL | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| MARY MILLER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| WILLIAM BOWEN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JAMES CUNO | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JAMES SHULMAN | ||||||||
| PRESIDENT | 40.0 | X | X | 295993 | 0 | 59572 | ||
| GRETCHEN WAGNER | ||||||||
| DIR. OF ADMIN & GEN. COUNSEL | 40.0 | X | 261372 | 0 | 54415 | |||
| WILLIAM GROPPE | ||||||||
| SR. SOFTWARE ENGINEER | 40.0 | 159125 | 0 | 42018 | X | |||
| WILLIAM YING | ||||||||
| CHIEF INFORMATION OFFICER | 40.0 | 229792 | 0 | 50769 | X | |||
| RIADH AMARI | ||||||||
| SR. DATABASE ADMINISTRATOR | 40.0 | 150560 | 0 | 40981 | X | |||
| CHRISTINE KUAN | ||||||||
| CHIEF CONTENT OFFICER | 40.0 | 129586 | 0 | 31748 | X | |||
| JOHN HARNETT | ||||||||
| VP BUSINESS DEVELOPMENT | 40.0 | 15475 | 0 | 1866 | X | |||
| JOHN JUSTIN | ||||||||
| SOFTWARE PROGRAM MANAGER | 40.0 | 159982 | 0 | 24242 | X | |||
| CARA HIRSCH | ||||||||
| ASST. GENERAL COUNSEL | 40.0 | 135282 | 0 | 32394 | X | |||
| DVORKIN EUGENE | ||||||||
| LEAD ARCHITECT / DEVELOPER | 40.0 | 123132 | 0 | 37640 | X | |||
| ANANDA PILLAI | ||||||||
| SENIOR JAVA DEVELOPER | 40.0 | 122888 | 0 | 37694 | X | |||
| CHARLES ZENG | ||||||||
| SENIOR JAVA DEVELOPER | 40.0 | 119503 | 0 | 37165 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1902690 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 450504 | TotalOtherCompensation |
| Number Individuals GT100 K | 14 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation | Address Line1AddressOfContractor/AddressForeign/AddressLine1 | CityAddressOfContractor/AddressForeign/City | Province Or StateAddressOfContractor/AddressForeign/ProvinceOrState | CountryAddressOfContractor/AddressForeign/Country |
|---|---|---|---|---|---|---|---|---|---|
| MEERU ENTERPRISES | |||||||||
| 600 HARBOR BLVD | WEEHAWKEN | NJ | 07086 | SOFTWARE DEVELOPMENT | 258590 | ||||
| ACTIVE CAPITAL IT | |||||||||
| SOFTWARE DEVELOPMENT | 240960 | D-141 OFF TIPU SULTAN RD KDA SCHEM | KARACHI | 0 | PK | ||||
| STAFF DESIGN | |||||||||
| BOX 29774 | NEW YORK | NY | 10087 | SOFTWARE DEVELOPMENT | 210592 | ||||
| ROBERT HALF TECHNOLOGY | |||||||||
| 12400 COLLECTIONS CENTER DRIVE | CHICAGO | IL | 60693 | SOFTWARE DEVELOPMENT | 157372 | ||||
| INGINUITY SYSTEMS | |||||||||
| 645 COUNTESS DRIVE | YARDLEY | PA | 19067 | SOFTWARE DEVELOPMENT | 152175 | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 7 | NumberOfContractorsGT100K |
| Government Grants | 46071 | GovernmentGrants |
| All Other Contributions | 684000 | AllOtherContributions |
| Total Contributions | 730071 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| ANNUAL ACCESS FEES | 6676288 | 6676288 |
| ARCHIVED CAPITAL FEES | 1151260 | 1151260 |
| SAH FEES | 342475 | 342475 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 8170023 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 321174 | TotalRevenueColumn |
| Exclusion | $321,174 | 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 |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
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 |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 9221268 | TotalRevenueColumn |
| Related Or Exempt Function Income | 8170023 | RelatedOrExemptFunctionIncome |
| Exclusion | $321,174 | 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 | 1001772 | Total |
| Program Services | 932218 | ProgramServices |
| Fundraising | 69554 | 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 | 3332782 | Total |
| Program Services | 3256183 | ProgramServices |
| Management And General | 67836 | ManagementAndGeneral |
| Fundraising | 8763 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 483692 | Total |
| Program Services | 467570 | ProgramServices |
| Management And General | 6724 | ManagementAndGeneral |
| Fundraising | 9398 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 928079 | Total |
| Program Services | 888345 | ProgramServices |
| Management And General | 26929 | ManagementAndGeneral |
| Fundraising | 12805 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 301959 | Total |
| Program Services | 278297 | ProgramServices |
| Management And General | 17671 | ManagementAndGeneral |
| Fundraising | 5991 | 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 | 10259 | Total |
| Program Services | 7135 | ProgramServices |
| Management And General | 3124 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 247795 | Total |
| Management And General | 247795 | ManagementAndGeneral |
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 | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2175793 | Total |
| Program Services | 1850442 | ProgramServices |
| Management And General | 325351 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39740 | Total |
| Program Services | 37965 | ProgramServices |
| Management And General | 1775 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 316065 | Total |
| Program Services | 99086 | ProgramServices |
| Management And General | 216979 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 806680 | Total |
| Program Services | 698382 | ProgramServices |
| Management And General | 108298 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 439780 | Total |
| Management And General | 439780 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114784 | Total |
| Program Services | 113509 | ProgramServices |
| Management And General | 1275 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 101018 | Total |
| Program Services | 91754 | ProgramServices |
| Management And General | 9264 | ManagementAndGeneral |
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 | 294283 | Total |
| Management And General | 294283 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17747 | Total |
| Management And General | 17747 | ManagementAndGeneral |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | IMAGE ACQ. AND DIGITIZATION | Description |
| Total | 562145 | Total |
| Program Services | 562145 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11174373 | Total |
| Program Services | 9283031 | ProgramServices |
| Management And General | 1784831 | ManagementAndGeneral |
| Fundraising | 106511 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14992744 | BOY |
| EOY | 7038855 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 331877 | BOY |
| EOY | 192006 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85210 | BOY |
| EOY | 80934 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3388287 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2815079 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 715260 | BOY |
| EOY | 573208 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 6623140 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16125091 | BOY |
| EOY | 14508143 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 422614 | BOY |
| EOY | 558371 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2205657 | BOY |
| EOY | 2119672 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 107294 | BOY |
| EOY | 31763 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2735565 | BOY |
| EOY | 2709806 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7137352 | BOY |
| EOY | 6843741 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6252174 | BOY |
| EOY | 4954596 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13389526 | BOY |
| EOY | 11798337 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16125091 | BOY |
| EOY | 14508143 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1953105 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 361916 | 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 Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 3630000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3519691 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 281070 | CurrentTaxYearMinus1Year |
| Current Tax Year | 730071 | CurrentTaxYear |
| Total | 8160832 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 5959420 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6618213 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7839009 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8170024 | CurrentTaxYear |
| Total | 28586666 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 9589420 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 10137904 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8120079 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8900095 | CurrentTaxYear |
| Total | 36747498 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 1046428 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 231660 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 752905 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1004204 | CurrentTaxYear |
| Total | 3035197 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 1046428 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 231660 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 752905 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1004204 | CurrentTaxYear |
| Total | 3035197 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 33712301 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 1116134 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 469738 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 110742 | CurrentTaxYearMinus1Year |
| Current Tax Year | 321174 | CurrentTaxYear |
| Total | 2017788 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 1116134 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 469738 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 110742 | CurrentTaxYearMinus1Year |
| Current Tax Year | 321174 | CurrentTaxYear |
| Total | 2017788 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 10705554 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 10607642 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8230821 | CurrentTaxYearMinus1Year |
| Current Tax Year | 9221269 | CurrentTaxYear |
| Total | 38765286 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| First5 Years509 | X | First5Years509 |
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) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6000000 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 623140 | InvestmentEarningsOrLosses |
| End Of Year Balance | 6623140 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | 6000000 | Contributions |
| End Of Year Balance | 6000000 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 Years | CurrentYearMinus2Years | |
| Board Designated EOY Balance | 1.00000 | BoardDesignatedEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Land | Land | |
| Buildings | Buildings | |
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 3388287 | OtherCostOrOtherBasis |
| Depreciation | 2815079 | Depreciation |
| Book Value | 573208 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Total Of Book Value Land Buildings | 573208 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MULTI-ASSET FUND | Description |
| Book Value | 6623140 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 6623140 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO ITHAKA HARBORS, INC | Description |
| Amount | $31,763 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 31763 | TotalOfAmounts |
| Total Revenue | 9221268 | TotalRevenue |
| Total Expenses | 11174373 | TotalExpenses |
| Excess Or Deficit For Year | -1953105 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 361916 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 361916 | TotalAdjustments |
| Excess Or Deficit Per FS | -1591189 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 10317166 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 361916 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 763982 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 1125898 | RevenueNotRptdF990 |
| Revenue Subtotal | 9191268 | RevenueSubtotal |
| Investment Expenses Not Included | 30000 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 30000 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 9221268 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 11908355 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 763982 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 763982 | ExpensesNotRptdF990 |
| Expenses Subtotal | 11144373 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 30000 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 30000 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 11174373 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| INTENDED USE OF BOARD ENDOWMENT FUNDS | SCHEDULE D, PART V, LINE 4 | STAFF ARE AUTHORIZED BY THE BOARD OF TRUSTEES TO DESIGNATE A PORTION OF NEW ARCHIVE CAPITAL FEES TOWARDS THE ENDOWMENT ON AN ANNUAL BASIS, TO BE ADDED TO THE EXISTING BOARD-DESIGNATED ENDOWMENT FUND. THE BOARD-DESIGNATED ENDOWMENT IS INTENDED TO HELP ENSURE THE LONG-TERM SUSTAINABILITY OF THE ORGANIZATION. THE GOAL OF ARTSTOR'S ENDOWMENT IS TO ACHIEVE A 5% RETURN ABOVE THE NOMINAL RATE OF INFLATION. THESE RETURNS MAY BE DRAWN DOWN AND APPLIED TOWARD: MIGRATING CONTENT TO NEW FORMATS AS THEY EMERGE; STORAGE AND MAINTENANCE COSTS FOR CONTENT; UPDATING AND EXPANDING ARTSTOR'S INFRASTRUCTURE, TOOLS AND SERVICES TO SERVE THE COMMUNITY OVER THE LONG-TERM; MAINTAINING THE CAPACITY TO CONTINUE TO BUILD IMAGE COLLECTIONS; AND ENSURING THE ONGOING SUSTAINABILITY OF THE ORGANIZATION. IT IS UNDERSTOOD THAT SIGNIFICANT FUTURE INVESTMENTS MAY BE NEEDED IN THE TECHNOLOGICAL INFRASTRUCTURE OF THE ARTSTOR DIGITAL LIBRARY AND RELATED SERVICES. |
| ASC 740 FOOTNOTE | SCHEDULE D, PART X, LINE 2 | Income tax uncertainties: In 2009, ARTstor adopted the provisions of ASC 740-10-05 relating to accounting and reporting for uncertainty in income taxes. Because of ARTstor's general tax-exempt status, ASC 740-10-05 has not had, and is not anticipated to have, a material impact on ARTstor's financial statements. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| 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 (11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES SHULMAN | |||||||||||||
| 295993 | 0 | 0 | 0 | 0 | 0 | 36488 | 0 | 23084 | 0 | 355565 | 0 | 0 | 0 |
| GRETCHEN WAGNER | |||||||||||||
| 261372 | 0 | 0 | 0 | 0 | 0 | 31377 | 0 | 23038 | 0 | 315787 | 0 | 0 | 0 |
| WILLIAM GROPPE | |||||||||||||
| 159125 | 0 | 0 | 0 | 0 | 0 | 19081 | 0 | 22937 | 0 | 201143 | 0 | 0 | 0 |
| WILLIAM YING | |||||||||||||
| 229792 | 0 | 0 | 0 | 0 | 0 | 27761 | 0 | 23008 | 0 | 280561 | 0 | 0 | 0 |
| RIADH AMARI | |||||||||||||
| 150560 | 0 | 0 | 0 | 0 | 0 | 18054 | 0 | 22927 | 0 | 191541 | 0 | 0 | 0 |
| CHRISTINE KUAN | |||||||||||||
| 129586 | 0 | 0 | 0 | 0 | 0 | 15600 | 0 | 16148 | 0 | 161334 | 0 | 0 | 0 |
| JOHN JUSTIN | |||||||||||||
| 159982 | 0 | 0 | 0 | 0 | 0 | 15507 | 0 | 8735 | 0 | 184224 | 0 | 0 | 0 |
| CARA HIRSCH | |||||||||||||
| 135282 | 0 | 0 | 0 | 0 | 0 | 16243 | 0 | 16151 | 0 | 167676 | 0 | 0 | 0 |
| DVORKIN EUGENE | |||||||||||||
| 123132 | 0 | 0 | 0 | 0 | 0 | 14760 | 0 | 22880 | 0 | 160772 | 0 | 0 | 0 |
| ANANDA PILLAI | |||||||||||||
| 122888 | 0 | 0 | 0 | 0 | 0 | 14808 | 0 | 22886 | 0 | 160582 | 0 | 0 | 0 |
| CHARLES ZENG | |||||||||||||
| 119503 | 0 | 0 | 0 | 0 | 0 | 14327 | 0 | 22838 | 0 | 156668 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| RETIREMENT PLANS | SCHEDULE J, PART I | 403 (B) PLAN EFFECTIVE JANUARY 1, 2004, ARTSTOR IMPLEMENTED A RETIREMENT PLAN TO INCLUDE A NONPARTICIPATORY SECTION 403 (B) DEFINED CONTRIBUTION PLAN AND A SECTION 403 (B) TAX DEFERRED ANNUITY PLAN. THE PLAN IS FUNDED ANNUALLY THROUGH TIAA-CREF, THE PLAN'S CUSTODIAN. UNDER THE 403 (B) DEFINED CONTRIBUTION PLAN, ALL EMPLOYEES ARE ELIGIBLE TO PARTICIPATE AFTER 6 MONTHS OF SERVICE, UNDER WHICH AN AMOUNT EQUAL TO A PERCENTAGE OF EACH ELIGIBLE EMPLOYEE'S SALARY, AS DEFINED, IS CONTRIBUTED BY ARTSTOR TO THE PLAN. THE PROVISIONS FOR RETIREMENT BENEFITS FOR THE YEARS ENDED DECEMBER 31, 2010 AND 2009 WERE $475,000 AND $426,000, RESPECTIVELY. UNDER THE 403 (B) TAX DEFERRED ANNUITY PLAN, WHICH IS FUNDED SOLELY THROUGH PARTICIPANT-DIRECTED ELECTIVE SALARY DEFERRALS, ALL FULL TIME EMPLOYEES ARE ELIGIBLE TO PARTICIPATE. |
| DEFERRED COMPENSATION PLAN | SCHEDULE J, PART I | IN 2004, ARTSTOR ESTABLISHED A SECTION 457 (B) DEFERRED COMPENSATION PLAN, EFFECTIVE JANUARY 1, 2004, FOR ITS ELIGIBLE EMPLOYEES, AS DESIGNATED AND APPROVED BY ARTSTOR'S BOARD OF TRUSTEES. UNDER THE TERMS OF THIS PLAN, ELIGIBLE EMPLOYEES MAY MAKE ELECTIVE DEFERRALS UP TO THE MAXIMUM AMOUNT PERMITTED BY LAW. ARTSTOR DOES NOT CONTRIBUTE TO THIS PLAN. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| REVIEW PROCESS | FORM 990, PART VI, LINE 11B | THE TAX RETURN IS REVIEWED BY THE AUDIT COMMITTEE AND THEN SENT TO THE ENTIRE BOARD FOR REVIEW PRIOR TO ELECTRONIC FILING OF THE FORM 990. |
| CONFLICT OF INTEREST POLICY | FORM 990, PART VI, LINE 12C | ARTSTOR'S CONFLICT OF INTEREST POLICIES APPLY TO ITS GOVERNING BOARD, CORPORATE OFFICERS, EMPLOYEES AND ANY OTHERS REPRESENTING THE ORGANIZATION. ARTSTOR REQUIRES THE MEMBERS OF ITS GOVERNING BOARD AND ITS CORPORATE OFFICERS TO DISCLOSE ALL CONFLICTS OF INTERESTS PROMPTLY AS THEY ARISE, AND ANNUALLY VIA A WRITTEN DISCLOSURE PROCESS. THE GOVERNING BOARD IS CHARGED WITH REVIEWING CONFLICT OF INTEREST TRANSACTIONS AND ASSOCIATED DECISIONS WITH RESPECT TO BOARD MEMBERS, AND THE PRESIDENT AND GENERAL COUNSEL WITH RESPECT TO EMPLOYEES. IN EACH CASE, A DETERMINATION REGARDING ANY RESTRICTIONS TO BE IMPOSED ON THE TRANSACTION IS MADE AND DOCUMENTED. UPPER-LEVEL MANAGERS ADDITIONALLY COMPLETE PREIODICALLY A CONFLICT OF INTEREST DISCLOSURE STATEMENT. |
| COMPENSATION POLICY | FORM 990, PART VI, LINE 15A & 15B | THE COMPENSATION AND GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL REVIEW OF OFFICER COMPENSATION. AS PART OF THIS REVIEW, THE COMMITTEE REFERENCES AVAILABLE MARKET DATA FOR COMPARABLE POSITIONS AND INTERNAL EQUITY CONSIDERATIONS, AND IT UTILIZES AN ANALYSIS OF OFFICER SALARIES PREPARED BY AN INDEPENDENT EXTERNAL ADVISOR USING INDUSTRY BENCHMARKING DATA. THE ANNUAL REVIEW PROCESS COVERS ALL OFFICERS. IN ADDITION, IN SETTING COMPENSATION OF NON-OFFICER EMPLOYEES, THE PRESIDENT AND GENERAL COUNSEL REFERENCE ANNUAL BENCHMARKING SURVEYS PREPARED BY AN EXTERNAL ADVISOR. COMPENSATION DECISIONS FOR OFFICERS ARE REVIEWED AND APPROVED BY THE FULL BOARD OF DIRECTORS. COMPENSATION DECISIONS FOR NON-OFFICER EMPLOYEES ARE SHARED ANNUALLY WITH THE FULL BOARD. |
| DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION | FORM 990, PART VI, LINE 19 | FINANCIAL STATEMENTS, OTHER GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. |
| OTHER CHANGES IN NET ASSETS | FORM 990, PART XI, LINE 5 | OTHER CHANGES IN NET ASSETS ARE DUE TO UNREALIZED GAINS IN INVESTMENTS. |
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