PIERPONT MORGAN LIBRARY: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- PIERPONT MORGAN LIBRARY (EIN 13-1624146)
- Tax period
- 2024-04-01 to 2025-03-31
- Filed
- 2026-04-30
- IRS object ID
- 202611209349300246
- Schema version
- 2024v5.5
- Note
- A later return for the same period supersedes this one.
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-04-30T08:12:31-05:00 | ReturnTs |
| Tax Period End | 2025-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131655065 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTZ AND CARR CPAS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 551 FIFTH AVENUE SUITE 400 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10176 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131624146 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Pierpont Morgan Library | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PIER | BusinessNameControlTxt |
| Phone | 2126850008 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 Madison Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10016 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Colin B Bailey | PersonNm |
| Person Title | Director | PersonTitleTxt |
| Phone | 2126850008 | PhoneNum |
| Signature | 2025-03-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Frederick Martens | PreparerPersonNm |
| PTIN | P00298107 | PTIN |
| Phone | 2126972299 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Morgan Library & Museum | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Colin B Bailey | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 Madison Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $98,552,488 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.themorgan.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1924 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | Museum and independent research library (see Schedule O)located in the heart of New York City, the Morgan Library & Museum began as the personal library of financier, collector, and cultural benefactor J. Pierpont Morgan (1837-1913). The Morgan offers the public close encounters with great works of human accomplishment in a setting treasured for its intimate scale and historic significance. Its collections of manuscripts, rare books, music, drawings, and other works of art comprise a unique record of civilization, as well as an incomparable repository of ideas and the creative process. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 268 | TotalEmployeeCnt |
| Total Volunteers | 46 | TotalVolunteersCnt |
| Total Gross UBI | $431,016 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $38,669,823 | PYContributionsGrantsAmt |
| CY Contributions Grants | $29,030,601 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,853,537 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $5,459,427 | CYProgramServiceRevenueAmt |
| PY Investment Income | $15,512,252 | PYInvestmentIncomeAmt |
| CY Investment Income | $19,657,249 | CYInvestmentIncomeAmt |
| PY Other Revenue | $637,116 | PYOtherRevenueAmt |
| CY Other Revenue | $940,321 | CYOtherRevenueAmt |
| PY Total Revenue | $58,672,728 | PYTotalRevenueAmt |
| CY Total Revenue | $55,087,598 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $103,549 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $108,048 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $16,165,737 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $16,379,272 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $3,240,636 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,123,268 | PYOtherExpensesAmt |
| CY Other Expenses | $25,438,795 | CYOtherExpensesAmt |
| PY Total Expenses | $34,392,554 | PYTotalExpensesAmt |
| CY Total Expenses | $41,926,115 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $24,280,174 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $13,161,483 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $435,664,971 | TotalAssetsBOYAmt |
| Total Assets EOY | $446,582,375 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $19,805,475 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $20,139,906 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $415,859,496 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $426,442,469 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The Morgan Library & Museum celebrates and shares the history and process of human creativity from antiquity to the present day through the preservation, study, and interpretation of a dynamic and growing collection. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $21,321,690 | ExpenseAmt |
| Grant | $108,048 | GrantAmt |
| Revenue | $4,706,479 | RevenueAmt |
| Desc | Curatorial: The Morgan Library & Museum ("the Morgan") occupies a midtown Manhattan campus comprised of three landmarked buildings that are joined by pavilions constructed of steel-and-glass panels designed by renowned architect Renzo Piano. The Morgan houses one of the world's greatest collections of artistic, literary, musical, and historical works. Included in its holdings are original scores of Mozart and Beethoven, drawings by Rembrandt and Rubens, medieval and Renaissance works, three Gutenberg Bibles, literary manuscripts by Dickens and Twain, and five-thousand-year-old carvings from the countries of ancient Western Asia. The Morgan recorded 308,582 visitors over the fiscal year, primarily for a wide variety of changing exhibitions encompassing (continued on Schedule O)works from the Morgan's permanent collection and from other museums and libraries in the U.S. and abroad. Exhibitions during fiscal year 2025 included "Beatrix Potter: Drawn to Nature;" "Walton Ford: Animal Studies and Sketches;" "Belle da Costa Greene: A Librarian's Legacy; and "Franz Kafka." The Morgan's curators plan the exhibitions, oversee the permanent collection, prepare exhibition and collection-related catalogs, organize symposia, host graduate seminars, and provide research and other services to the scholarly community.The extraordinary group of medieval and Renaissance manuscripts; printed books and bindings; literary, historical, and music manuscripts; drawings and prints; and ancient cylinder seals that J. Pierpont Morgan brought together were among the first important collections of their kind in America and form what is today the core of the Morgan's holdings. (The collection now includes photography and modern and contemporary drawings as well.) In overall quality and importance, these collections are among the finest in the world, distinguished by the high percentage of items that are unique or exceptionally rare. One of only a handful of American institutions devoted to these specialized areas, the Morgan maintains an active acquisitions program and now holds several hundred thousand items in its collection.The Morgan's Drawing Institute is devoted to the interpretation, conservation, and theory of old master and modern drawing with the goal of stimulating new lines of investigation and discourse. The Drawing Institute supports research through annual fellowships; publications; small, focused exhibitions; and an ongoing series of symposia, seminars, and lectures. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,090,493 | ExpenseAmt |
| Revenue | $289,702 | RevenueAmt |
| Desc | Library and Museum Services: The Morgan Library & Museum is one of nineteen independent research libraries in the United States and, as such, makes its collections available to qualified researchers for study on-site in the Sherman Fairchild Reading Room and the Drawing Study Center. An online catalog of the collections is accessible at www.themorgan.org and assists researchers both on-and off-site. Active digitization and publication programs help to extend the reach of the Morgan's scholarly services and support study of the collections.The Morgan has had professional paper and book conservation facilities since the 1950s, when they were among the first such labs in the United States. The Morgan's conservation facilities (continued on Schedule O) were dramatically enhanced with the 2002 completion of the Thaw Conservation Center. The Morgan's conservators oversee the preservation of the collections and also undertake surveys and treatment projects of discrete collection areas. The collections consist almost entirely of works on paper and related porous supports (vellum, parchment, papyri), and the conservators have developed special expertise in the conservation, restoration, and repair of such objects. Both a working and teaching facility, the Thaw Center receives requests for assistance from institutions in the United States and abroad. It offers fellowships in conservation techniques and practices. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,510,900 | ExpenseAmt |
| Revenue | $173,730 | RevenueAmt |
| Desc | Public Programs: During fiscal year 2025, the Morgan offered a variety of programs to both onsite and online visitors. This included 44 programs for adults onsite, attracting 5,571 attendees to a diverse array of lectures, concerts, performances, symposia, conversations, workshops, festivals, films, and tours. Additionally, 505 daily highlights and special exhibition tours drew a total of 11,814 people. Online programs continued with 26 programs, attracting 2,547 attendees worldwide to short courses, lectures, and discussions. The Morgan's school programs offered both in-person and virtual activities, engaging 7,855 participants in K-12 student and teacher programs; 3,503 participants in family and 37 teen programs; and 322 college students, spanning diverse communities. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,445,172 | ExpenseAmt |
| Revenue | $1,044,828 | RevenueAmt |
| Desc | Museum Publications and Retail: The Morgan maintains an active publications program, producing catalogues related to its exhibitions and items in its permanent collections. These catalogues are made available to the public, along with other exhibition and collection-related merchandise, through the Morgan's on-site retail shop and through the Morgan's website. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $2,445,172 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $1,044,828 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $33,368,255 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 154 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 268 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 21 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Kristina W Stillman | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2125900341 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 Madison Avenue | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10016 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| G Scott Clemons | |||||||
| Co-President | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Robert King Steel | |||||||
| Co-President | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Martha McGarry Miller | |||||||
| Vice President | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Clement C Moore II | |||||||
| Vice President | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| George L K Frelinghuysen | |||||||
| Treasurer | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Patricia Morton | |||||||
| Secretary | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Mohit Assomull | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Allison Binns | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Susanna Borghese | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Karen B Cohen | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Martha J Fleischman | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Frederick J Iseman | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jerker M Johansson | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Eric L Motley | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Peter Pennoyer | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Katharine J Rayner | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Annette de la Renta | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Donna Perret Rosen | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Joshua W Sommer | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Rachel R Stern | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Alyce Williams Toonk | |||||||
| Trustee | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Colin B Bailey | |||||||
| Director | 35.00 | Yes (X) | Yes (X) | $772,730 | $0 | $123,309 | |
| Kristina W Stillman | |||||||
| Dir. of Fin./Adm & Asst. Treasurer | 35.00 | Yes (X) | $345,857 | $0 | $75,844 | ||
| Jessica B Ludwig | |||||||
| Deputy Dir.& Asst.Secretary | 35.00 | Yes (X) | $286,561 | $0 | $48,686 | ||
| John J Marciari | |||||||
| Dir. of Curatorial Affairs | 35.00 | $203,203 | $0 | $35,832 | Yes (X) | ||
| Mary Schlitzer | |||||||
| Controller | 35.00 | $197,744 | $0 | $48,944 | Yes (X) | ||
| Gilbert Parilla | |||||||
| Engineer | 35.00 | $169,805 | $0 | $13,652 | Yes (X) | ||
| Maria Fredericks | |||||||
| Sherman Fairchild Head of Thaw Ctr. | 35.00 | $169,460 | $0 | $46,223 | Yes (X) | ||
| Lauren Stakias to 102024 | |||||||
| Dir. of Institutional Advancement | 35.00 | $243,799 | $0 | $24,967 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,389,159 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $417,457 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 31 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Sotheby's | |||||
| 945 Madison Avenue | New York | NY | 10021 | Auction Commissions and Services | $1,527,720 |
| AKA NYC Limited | |||||
| 321 West 44th Street Suite 401 | New York | NY | 10036 | Advertising and Marketing fees | $788,193 |
| Allied Security Holdings LLC | |||||
| PO Box 828854 | Philadelphia | PA | 19182 | Security Officers | $606,082 |
| John O'Hara Company Inc | |||||
| 25 Kearney Street | East Orange | NJ | 07017 | Construction Services | $494,819 |
| Restaurant Associates | |||||
| 132 West 31st Street Suite 601 | New York | NY | 10001 | Food service provider | $462,417 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 31 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $2,454,334 | MembershipDuesAmt |
| Fundraising | $843,963 | FundraisingAmt |
| Government Grants | $122,188 | GovernmentGrantsAmt |
| All Other Contributions | $25,610,116 | AllOtherContributionsAmt |
| Noncash Contributions | $4,337,529 | NoncashContributionsAmt |
| Total Contributions | $29,030,601 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Admissions and Ticket Sales | 900099 | $3,823,395 | $3,823,395 | |
| Member Dues, Events, Access Fees | 900099 | $1,236,864 | $1,056,814 | $180,050 |
| Photographic Income | 900099 | $100,956 | $100,956 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $298,212 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $298,212 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $5,459,427 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $13,932,928 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $169,973 | UnrelatedBusinessRevenueAmt |
| Exclusion | $13,762,955 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,959 | TotalRevenueColumnAmt |
| Exclusion | $4,959 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $48,144,436 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $42,420,115 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,724,321 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,724,321 | TotalRevenueColumnAmt |
| Exclusion | $5,724,321 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $180,117 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $843,963 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $180,117 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $1,800,020 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $864,658 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $935,362 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $674,319 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $261,043 | UnrelatedBusinessRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $55,087,598 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $5,953,696 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $431,016 | UnrelatedBusinessRevenueAmt |
| Exclusion | $19,672,285 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,048 | TotalAmt |
| Program Services | $108,048 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,901,882 | TotalAmt |
| Program Services | $1,032,577 | ProgramServicesAmt |
| Management And General | $466,506 | ManagementAndGeneralAmt |
| Fundraising | $402,799 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,289,717 | TotalAmt |
| Program Services | $8,853,756 | ProgramServicesAmt |
| Management And General | $1,314,472 | ManagementAndGeneralAmt |
| Fundraising | $1,121,489 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $613,250 | TotalAmt |
| Program Services | $405,547 | ProgramServicesAmt |
| Management And General | $148,223 | ManagementAndGeneralAmt |
| Fundraising | $59,480 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,783,354 | TotalAmt |
| Program Services | $1,179,345 | ProgramServicesAmt |
| Management And General | $431,039 | ManagementAndGeneralAmt |
| Fundraising | $172,970 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $791,069 | TotalAmt |
| Program Services | $492,182 | ProgramServicesAmt |
| Management And General | $222,339 | ManagementAndGeneralAmt |
| Fundraising | $76,548 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,211 | TotalAmt |
| Management And General | $110,211 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,067 | TotalAmt |
| Management And General | $79,067 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $524,615 | TotalAmt |
| Management And General | $524,615 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,885,316 | TotalAmt |
| Program Services | $778,966 | ProgramServicesAmt |
| Management And General | $736,107 | ManagementAndGeneralAmt |
| Fundraising | $370,243 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $636,335 | TotalAmt |
| Program Services | $572,592 | ProgramServicesAmt |
| Management And General | $63,743 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $416,701 | TotalAmt |
| Program Services | $171,674 | ProgramServicesAmt |
| Management And General | $154,232 | ManagementAndGeneralAmt |
| Fundraising | $90,795 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $360,164 | TotalAmt |
| Program Services | $247,552 | ProgramServicesAmt |
| Management And General | $54,154 | ManagementAndGeneralAmt |
| Fundraising | $58,458 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $405,440 | TotalAmt |
| Program Services | $93,648 | ProgramServicesAmt |
| Management And General | $72,535 | ManagementAndGeneralAmt |
| Fundraising | $239,257 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $750,902 | TotalAmt |
| Program Services | $586,018 | ProgramServicesAmt |
| Management And General | $112,558 | ManagementAndGeneralAmt |
| Fundraising | $52,326 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,380,615 | TotalAmt |
| Program Services | $3,607,364 | ProgramServicesAmt |
| Management And General | $451,145 | ManagementAndGeneralAmt |
| Fundraising | $322,106 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $305,203 | TotalAmt |
| Program Services | $262,165 | ProgramServicesAmt |
| Management And General | $25,079 | ManagementAndGeneralAmt |
| Fundraising | $17,959 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Collection acquisitions | $9,353,077 | $9,353,077 | ||
| Building maintenance | $2,727,007 | $2,245,513 | $286,525 | $194,969 |
| Exhibition expense | $2,498,073 | $2,498,073 | ||
| Publication expense | $290,108 | $290,108 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $715,961 | TotalAmt |
| Program Services | $590,050 | ProgramServicesAmt |
| Management And General | $64,674 | ManagementAndGeneralAmt |
| Fundraising | $61,237 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,926,115 | TotalAmt |
| Program Services | $33,368,255 | ProgramServicesAmt |
| Management And General | $5,317,224 | ManagementAndGeneralAmt |
| Fundraising | $3,240,636 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,082,924 | BOYAmt |
| EOY | $7,591,479 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,176,709 | BOYAmt |
| EOY | $13,557,353 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,442,515 | BOYAmt |
| EOY | $14,836,029 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $916,498 | BOYAmt |
| EOY | $438,428 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $268,999 | BOYAmt |
| EOY | $382,191 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,262,085 | BOYAmt |
| EOY | $607,553 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $174,380,069 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $84,037,953 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $93,646,204 | BOYAmt |
| EOY | $90,342,116 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,137,383 | BOYAmt |
| EOY | $117,273,385 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $178,969,440 | BOYAmt |
| EOY | $198,956,677 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,762,214 | BOYAmt |
| EOY | $2,597,164 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $435,664,971 | BOYAmt |
| EOY | $446,582,375 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,681,370 | BOYAmt |
| EOY | $2,046,773 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $406,979 | BOYAmt |
| EOY | $409,496 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,732,939 | BOYAmt |
| EOY | $14,760,098 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,984,187 | BOYAmt |
| EOY | $2,923,539 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,805,475 | BOYAmt |
| EOY | $20,139,906 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $107,897,976 | BOYAmt |
| EOY | $104,960,799 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $307,961,520 | BOYAmt |
| EOY | $321,481,670 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $415,859,496 | BOYAmt |
| EOY | $426,442,469 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $435,664,971 | BOYAmt |
| EOY | $446,582,375 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $13,161,483 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$2,578,510 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,063,813 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,742,344 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,537,116 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $38,669,823 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $29,030,601 | CurrentTaxYearAmt |
| Total | $104,043,697 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,063,813 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,742,344 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $10,537,116 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $38,669,823 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $29,030,601 | CurrentTaxYearAmt |
| Total | $104,043,697 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $27,106,210 | SubstantialContributorsTotAmt |
| Public Support Total170 | $76,937,487 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,224,601 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,256,700 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,667,999 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,070,101 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,767,914 | CurrentTaxYearAmt |
| Total | $68,987,315 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $173,031,012 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $19,933,269 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.44460 | PublicSupportCY170Pct |
| Public Support PY170 | 0.45520 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| 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) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $307,695,090 | BeginningYearBalanceAmt |
| Contributions | $7,019,308 | ContributionsAmt |
| Investment Earnings Or Losses | $15,708,898 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $15,442,354 | OtherExpendituresAmt |
| End Year Balance | $314,980,942 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $272,166,907 | BeginningYearBalanceAmt |
| Contributions | $11,501,000 | ContributionsAmt |
| Investment Earnings Or Losses | $38,637,682 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $14,610,499 | OtherExpendituresAmt |
| End Year Balance | $307,695,090 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $299,139,807 | BeginningYearBalanceAmt |
| Contributions | $102,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$13,259,209 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $13,815,691 | OtherExpendituresAmt |
| End Year Balance | $272,166,907 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $299,100,018 | BeginningYearBalanceAmt |
| Contributions | $3,003,000 | ContributionsAmt |
| Investment Earnings Or Losses | $8,110,937 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $11,074,148 | OtherExpendituresAmt |
| End Year Balance | $299,139,807 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $229,226,001 | BeginningYearBalanceAmt |
| Contributions | $1,103,000 | ContributionsAmt |
| Investment Earnings Or Losses | $79,843,037 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $11,072,020 | OtherExpendituresAmt |
| End Year Balance | $299,100,018 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.07120 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.54780 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.38100 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $15,192,414 | OtherCostOrOtherBasisAmt |
| Book Value | $15,192,414 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $151,025,265 | OtherCostOrOtherBasisAmt |
| Depreciation | $77,389,781 | DepreciationAmt |
| Book Value | $73,635,484 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,162,390 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,648,172 | DepreciationAmt |
| Book Value | $1,514,218 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $90,342,116 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (7 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Domestic equity fund | $25,750,387 | F |
| Long - only global equity | $70,949,426 | F |
| Long/short global | $28,791,723 | F |
| Multi-strategy global | $27,217,800 | F |
| Distressed securities/special situations | $18,023,542 | F |
| Fixed income alternatives | $11,869,514 | F |
| Private equity funds | $16,354,285 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $198,956,677 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Accrued Post-Retirement Health Benefits | $1,028,116 |
| Section 457(b) Retirement Plan Liability | $1,895,423 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,923,539 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $53,029,248 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$2,578,510 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,044,775 | OtherRevenueAmt |
| Revenue Not Reported | -$1,533,735 | RevenueNotReportedAmt |
| Revenue Subtotal | $54,562,983 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $524,615 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $524,615 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $55,087,598 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $42,446,275 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $1,044,775 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,044,775 | ExpensesNotReportedAmt |
| Expenses Subtotal | $41,401,500 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $524,615 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $524,615 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $41,926,115 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 1a: | The Morgan's collections are maintained under curatorial care and are held for research, education and public exhibition. It is the Morgan's policy that any proceeds from the sales of collection items be used for acquisitions for the collections. The Morgan excludes the carrying value of its collections from the statement of financial position. Acquisitions for the collections are reflected as decreases in the Morgan's net assets without donor restrictions in the year in which the items are acquired. Contributed collection items are not reflected in the Morgan's financial statements. |
| Part III, Line 4: | The extraordinary group of medieval and Renaissance manuscripts; printed books and bindings; literary, historical, and music manuscripts; master drawings; and ancient cylinder seals that J. Pierpont Morgan brought together were among the first important collections of their kind in America. From these core holdings, the Morgan's collections have grown to more than 500,000 objects that in their respective fields are among the finest in the world. The Morgan continues to acquire in the fields established by Pierpont Morgan and is one of only a handful of American institutions devoted to collecting and exhibiting in these specialized areas. The collections now also include Photography and Modern & Contemporary Drawings. In addition, the Morgan presents a broad range of public offerings (lectures, concerts, adult and children's educational programs) based on the collections. |
| Part V, Line 4: | The Morgan's endowment consists of numerous individual funds established for a broad range of institutional purposes and includes both donor-restricted endowment funds and funds designated by the Board of Trustees to function as endowments. Endowment funds are classified and reported based on the existence or absence of donor-imposed restrictions. |
| Part XI, Line 2d - Other Adjustments: | Publications / Shop revenue, net of expenses- Form 990 Part VIII Line 10b 864,658. Fundraising Event revenue, net of direct expense- Form 990 Part VIII Line 8b 180,117. |
| Part XII, Line 2d - Other Adjustments: | Publication / Shop expense, net against revenue- Form 990 Part VIII Line 10b 864,658. Fundraising Event expense, net against revenue- Form-990 Part VIII Line 8 180,117. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS - Form 990, Part X, Line 12 | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $75,130,466 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $75,130,466 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $75,130,466 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Gala | Event1Nm |
| Gross Receipts Event1 | $712,709 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $603,578 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $109,131 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $66,948 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $42,183 | OtherDirectExpensesEvent1Amt |
| Event2 | Luncheon | Event2Nm |
| Gross Receipts Event2 | $311,371 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $240,385 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $70,986 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $52,118 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $18,868 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $1,024,080 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $843,963 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $180,117 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $119,066 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $61,051 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $180,117 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $0 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Drawing Institute | GrantTypeTxt |
| Recipient | 5 | RecipientCnt |
| Cash Grant | $108,048 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The Drawing Institute is devoted to the study of the history, collecting, function, interpretation, conservation, and theory of old master and modern drawing with the goal of stimulating new lines of investigation and discourse. The Drawing Institute supports research through annual fellowships; publications; small, focused exhibitions; and an ongoing series of symposia, seminars, and lectures. Cooperative programming and joint fellowships with the Menil Drawing Institute and Study Center in Houston are a further component of the Drawing Institute's program. Applicants are asked to submit the following: * A cover letter incorporating a personal statement indicating area of interest and expertise * A curriculum vitae * A research proposal (maximum three pages, double-spaced) * Two publications (or excerpts thereof) or writing samples, at least one of which must be in English, not to exceed ten pages each * Two letters of recommendation from academic or professional supervisors or colleagues, on letterhead and submitted as a PDF, or as an email sent directly from recommender | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Colin B Bailey | ||||||||||||||
| Director | $772,730 | $0 | $0 | $0 | $0 | $0 | $93,476 | $0 | $29,833 | $0 | $896,039 | $0 | $0 | $0 |
| Kristina W Stillman | ||||||||||||||
| Dir. of Fin./Adm & Asst. Treasurer | $345,857 | $0 | $0 | $0 | $0 | $0 | $43,476 | $0 | $32,368 | $0 | $421,701 | $0 | $0 | $0 |
| Jessica B Ludwig | ||||||||||||||
| Deputy Dir.& Asst.Secretary | $286,561 | $0 | $0 | $0 | $0 | $0 | $33,713 | $0 | $14,973 | $0 | $335,247 | $0 | $0 | $0 |
| John J Marciari | ||||||||||||||
| Dir. of Curatorial Affairs | $203,203 | $0 | $0 | $0 | $0 | $0 | $20,238 | $0 | $15,594 | $0 | $239,035 | $0 | $0 | $0 |
| Mary Schlitzer | ||||||||||||||
| Controller | $197,744 | $0 | $0 | $0 | $0 | $0 | $19,452 | $0 | $29,492 | $0 | $246,688 | $0 | $0 | $0 |
| Gilbert Parilla | ||||||||||||||
| Engineer | $169,805 | $0 | $0 | $0 | $0 | $0 | $13,222 | $0 | $430 | $0 | $183,457 | $0 | $0 | $0 |
| Maria Fredericks | ||||||||||||||
| Sherman Fairchild Head of Thaw Ctr. | $169,460 | $0 | $0 | $0 | $0 | $0 | $14,976 | $0 | $31,247 | $0 | $215,683 | $0 | $0 | $0 |
| Lauren Stakias to 102024 | ||||||||||||||
| Dir. of Institutional Advancement | $243,799 | $0 | $0 | $0 | $0 | $0 | $23,963 | $0 | $1,004 | $0 | $268,766 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 1a | The Morgan paid dues associated with one social club for Mr. Bailey which was used for business purposes. |
| Part I, Line 4b | Colin B. Bailey - Deferred compensation accrued under supplemental nonqualified retirement plan - $50,000 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Trust for Cultural Resources of The City of New York | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 911882413 | BondIssuerEIN |
| CUSIP | 649717MW2 | CUSIPNum |
| Bond Issued | 2004-01-22 | BondIssuedDt |
| Issue Price | $50,000,000 | IssuePriceAmt |
| Purpose | Construction, renovation, and equipping a portion of the Morgan's facility. | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $35,000,000 | RetiredAmt |
| Total Proceeds | $50,000,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $828,776 | IssuanceCostsFromProceedsAmt |
| Substantial Completion | 2006 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.02840 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00830 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.03670 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | Yes (1) | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AIG matched funding | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of GIC | 1.600000000000 | TermOfGICPct |
| Regulatory Safe Harbor Stsfd | Yes (1) | RegulatorySafeHarborStsfdInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Date Rebate Computation Performed | FormAndLineReferenceDesc |
| Explanation | Issuer Name: The Trust for Cultural Resources of The City of New York Date the Rebate Computation was Performed: 01/22/2014 | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 496 | ContributionCnt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 35 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,337,529 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Quoted Market Price | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 37 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 33: | FormAndLineReferenceDesc |
| Explanation | No amount is reported on Form 990, Schedule M, Part I, Line 1c, because the Morgan does not capitalize its collections, as permitted under generally accepted accounting principles. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 1a | The By-Laws provide for an Executive Committee that shall have the powers of the Board of Trustees, with certain exceptions, and the ability to exercise its powers between meetings of the Board of Trustees. The Executive Committee shall consist of three or more members of the Board of Trustees, including the Co-Presidents and the Director. As of March 31, 2025, there were nine such Trustee members. |
| Form 990, Part VI, Section A, line 2 | John A. Morgan and Peter M. Pennoyer have a family relationship. |
| Form 990, Part VI, Section B, line 11b | The Form 990 was reviewed by the Director of Finance and Administration/CFO, the Director, and the Audit Committee, and was made available to all voting members of the Board of Trustees prior to filing. |
| Form 990, Part VI, Section B, line 12c | Disclosure forms are distributed annually to officers, members of the Board, and key employees. Disclosures are reviewed by a designated member of the Audit Committee, who periodically updates the Chair of the Audit Committee regarding compliance with disclosure requirements. The conflict of interest policy establishes a procedure under which the Audit Committee reviews, addresses, and documents its determination regarding a potential conflict of interest. |
| Form 990, Part VI, Section B, line 15 | The Compensation Committee of the Board of Trustees reviews and determines compensation for employees who serve as officers, utilizing comparable data from sources they deem appropriate. |
| Form 990, Part VI, Section C, line 19 | Requests for copies of the Morgan's governing documents, conflict of interest policy, and financial statements are evaluated on a case-by-case basis. |
| Amended Return | The following have been revised following the completion of the audit of the Organization's 2025 financial statements by its independet auditors: part I, Lines 17, 18, 19, 20 and 22 Part IV, Line 12a Part IX, Lines 11g, 24b and 25 Part X, Lines 9, 10a, 10c, 15, 16, 27, 28, 32 and 33 Part XI, Lines 2, 3 and 10 Part XII, Lines 2b and 2c Schedule D, Part V, Lines 1b, 1e, 1g, 2a, 2b and 2c Schedule D, Part VI, Lines 1b and 1d Schedule D, Part XI, Lines 1, 2a, 2d, 4a and 5 Schedule D, Part XII, Lines 1, 2d, 4a and 5 |
Comments