2011-10-17T08:07:42-04:00 2010-12-31 EISNERAMPER LLP 750 THIRD AVENUE NEW YORK NY 100172703 990 2010-01-01 300152767 ARTSTOR INC ARTS 2125002400 151 EAST 61ST STREET NEW YORK NY 10065 JAMES SHULMAN 2011-10-07 2129498700 2010 2016-03-07 17:11:31Z JAMES SHULMAN 151 EAST 61ST STREET NEW YORK NY 10065 9221268 false X WWW.ARTSTOR.ORG X 2002 DE 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. 12 11 71 1 0 281070 730071 7839009 8170023 110742 321174 0 8230821 9221268 0 0 5504656 6048284 0 106511 5545716 5126089 11050372 11174373 -2819551 -1953105 16125091 14508143 2735565 2709806 13389526 11798337 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. false false 9283031 8170023 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. 9283031 true true false false false false false false true true true false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true X 21 0 71 true false false false false false false false false false false X 12 11 false false false false false false false true true false false true true true true true true true true false DE NY X CHRIS VANACORE 2125002400 151 E 61ST STREET NEW YORK NY 10065 NEIL RUDENSTINE 2.0 X X 0 0 0 KWAME APPIAH 2.0 X 0 0 0 GREGORY AVIS 2.0 X 0 0 0 DANIEL GREENSTEIN 2.0 X 0 0 0 CAROL MANDEL 2.0 X 0 0 0 MICHELE MYERS 2.0 X 0 0 0 DONALD OPATRNY 2.0 X 0 0 0 PETER WENDELL 2.0 X 0 0 0 MARY MILLER 2.0 X 0 0 0 WILLIAM BOWEN 2.0 X 0 0 0 JAMES CUNO 2.0 X 0 0 0 JAMES SHULMAN 40.0 X X 295993 0 59572 GRETCHEN WAGNER 40.0 X 261372 0 54415 WILLIAM GROPPE 40.0 X 159125 0 42018 WILLIAM YING 40.0 X 229792 0 50769 RIADH AMARI 40.0 X 150560 0 40981 CHRISTINE KUAN 40.0 X 129586 0 31748 JOHN HARNETT 40.0 X 15475 0 1866 JOHN JUSTIN 40.0 X 159982 0 24242 CARA HIRSCH 40.0 X 135282 0 32394 DVORKIN EUGENE 40.0 X 123132 0 37640 ANANDA PILLAI 40.0 X 122888 0 37694 CHARLES ZENG 40.0 X 119503 0 37165 1902690 0 450504 14 false true false MEERU ENTERPRISES 600 HARBOR BLVD WEEHAWKEN NJ 07086 SOFTWARE DEVELOPMENT 258590 ACTIVE CAPITAL IT D-141 OFF TIPU SULTAN RD KDA SCHEM KARACHI 0 PK SOFTWARE DEVELOPMENT 240960 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 7 46071 684000 730071 ANNUAL ACCESS FEES 6676288 6676288 ARCHIVED CAPITAL FEES 1151260 1151260 SAH FEES 342475 342475 8170023 321174 321174 0 0 0 0 0 0 0 9221268 8170023 321174 0 0 0 0 1001772 932218 69554 0 3332782 3256183 67836 8763 483692 467570 6724 9398 928079 888345 26929 12805 301959 278297 17671 5991 0 10259 7135 3124 247795 247795 0 0 0 2175793 1850442 325351 39740 37965 1775 316065 99086 216979 806680 698382 108298 0 439780 439780 114784 113509 1275 0 101018 91754 9264 0 0 294283 294283 17747 17747 IMAGE ACQ. AND DIGITIZATION 562145 562145 11174373 9283031 1784831 106511 14992744 7038855 331877 192006 85210 80934 3388287 2815079 715260 573208 6623140 16125091 14508143 422614 558371 2205657 2119672 107294 31763 2735565 2709806 X 7137352 6843741 6252174 4954596 13389526 11798337 16125091 14508143 X -1953105 361916 X false true true X false X 3630000 3519691 281070 730071 8160832 5959420 6618213 7839009 8170024 28586666 9589420 10137904 8120079 8900095 36747498 1046428 231660 752905 1004204 3035197 1046428 231660 752905 1004204 3035197 33712301 1116134 469738 110742 321174 2017788 1116134 469738 110742 321174 2017788 10705554 10607642 8230821 9221269 38765286 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6000000 623140 6623140 6000000 6000000 1.00000 false false 0 3388287 2815079 573208 573208 MULTI-ASSET FUND 6623140 F 6623140 0 DUE TO ITHAKA HARBORS, INC 31763 31763 9221268 11174373 -1953105 361916 361916 -1591189 10317166 361916 763982 1125898 9191268 30000 30000 9221268 11908355 763982 763982 11144373 30000 30000 11174373 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. X X X false false false false false false false false false 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 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. 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.