JOHN F PETO STUDIO MUSEUM: Form 990, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- JOHN F PETO STUDIO MUSEUM (EIN 11-3835285)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-18
- IRS object ID
- 202611389349301071
- Schema version
- 2025v4.0
- 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) |
|---|---|---|
| Return | 2026-05-18T13:23:39-04:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 812437443 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KALOS HUTCHINGS & COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8460 LIMEKILN PIKE SUITE C-10 | AddressLine1Txt |
| City | WYNCOTE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19095 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 113835285 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN F PETO STUDIO MUSEUM INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 7329294949 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1022 | AddressLine1Txt |
| City | ISLAND HEIGHTS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08732 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAVID C SHIPMAN | PersonNm |
| Person Title | VICE PRES./TRUSTEE | PersonTitleTxt |
| Phone | 7329294949 | PhoneNum |
| Signature | 2026-05-13 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JAMES A HUTCHINGS CPA | PreparerPersonNm |
| PTIN | P00546005 | PTIN |
| Phone | 2158865700 | PhoneNum |
| Preparation | 2026-05-18 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JUDITH LEONE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1022 | AddressLine1Txt |
| City | ISLAND HEIGHTS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08732 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $215,110 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PETOMUSEUM.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2010 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | TO PROMOTE THE LEGACY OF JOHN F. PETO, INTERNATIONALLY RENOWNED ARTIST, BY MAINTAINING HIS HOME AND STUDIO AS A WORKING MUSEUM, BY FOSTERING EDUCATIONAL OPPORTUNITIES IN THE ARTS AND PARTNERING WITH THE LARGER COMMUNITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Volunteers | 70 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $132,846 | PYContributionsGrantsAmt |
| CY Contributions Grants | $168,680 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $13,787 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $10,172 | CYProgramServiceRevenueAmt |
| PY Investment Income | $69,541 | PYInvestmentIncomeAmt |
| CY Investment Income | $11,377 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$1,431 | PYOtherRevenueAmt |
| CY Other Revenue | $5,316 | CYOtherRevenueAmt |
| PY Total Revenue | $214,743 | PYTotalRevenueAmt |
| CY Total Revenue | $195,545 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $48,349 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $48,350 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,956 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $107,576 | PYOtherExpensesAmt |
| CY Other Expenses | $111,236 | CYOtherExpensesAmt |
| PY Total Expenses | $155,925 | PYTotalExpensesAmt |
| CY Total Expenses | $159,586 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $58,818 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $35,959 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,512,734 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,657,605 | TotalAssetsEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,512,734 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,657,605 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROMOTE THE LEGACY OF JOHN F. PETO, INTERNATIONALLY RENOWNED ARTIST, BY MAINTAINING HIS HOME AND STUDIO AS A WORKING MUSEUM, BY FOSTERING EDUCATIONAL OPPORTUNITIES IN THE ARTS AND PARTNERING WITH THE LARGER COMMUNITY. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $116,735 | ExpenseAmt |
| Revenue | $10,172 | RevenueAmt |
| Desc | THE JOHN F. PETO STUDIO MUSEUM IS OPEN TO THE PUBLIC 52 WEEKS OF THE YEAR. PROGRAMMING AND ACCOMPLISHMENTS INCLUDE: DOCENT-LED TOURS OF THE MUSEUM THROUGHOUT THE YEAR, ONLINE ACCESS TO EXTENSIVE ART AND HISTORY PROGRAMMING, CHILDREN'S ART SUMMER CAMPS, MONTHLY ART AND HISTORY LECTURES, OUTDOOR SUMMER CONCERTS, ART EDUCATOR EVENTS, ART PROGRAMMING FOR TEENS AND YOUNG ADULTS WITH SPECIAL NEEDS, AS WELL AS NUMBER OF OTHER ACTIVIES THROUGHOUT THE YEAR IN THE MUSEUM AND MUSEUM GARDENS. | Desc |
| Total Program Service Expenses | $116,735 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 17 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 2 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JUDITH PETO | PersonNm |
| Phone | 7329294949 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1022 | AddressLine1Txt |
| City | ISLAND HEIGHTS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08732 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| KATHY BALLAS | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| ESTELLE BROADKEY | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| DELANEY BURKE | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| TERRY CLEARY | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| FRANK PARISI PH D | ||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |
| JAMIE ESPOSITO | ||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ELISE A FIALKOWSKI | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| ANGELIKA FUELLEMANN | ||||||
| SECRETARY, T | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| BARBARA HANNA | ||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |
| DAN IZARD | ||||||
| TRUSTEE | 3.00 | Yes (X) | $0 | $0 | $0 | |
| JUDITH LEONE | ||||||
| PRESIDENT, T | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| CONSTANCE OLLENDORF | ||||||
| TRUSTEE | 5.00 | Yes (X) | $0 | $0 | $0 | |
| JUDITH PETO | ||||||
| TREASURER, T | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DAVID C SHIPMAN | ||||||
| VICE PRES./T | 5.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Membership Dues | $14,573 | MembershipDuesAmt |
| Fundraising | $63,889 | FundraisingAmt |
| Government Grants | $35,725 | GovernmentGrantsAmt |
| All Other Contributions | $54,493 | AllOtherContributionsAmt |
| Noncash Contributions | $9,935 | NoncashContributionsAmt |
| Total Contributions | $168,680 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| CAMP REGISTRATIONS | $7,563 | $7,563 |
| TOUR REVENUE | $2,209 | $2,209 |
| MISC EVENT REVENUE | $400 | $400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $10,172 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,377 | TotalRevenueColumnAmt |
| Exclusion | $11,377 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $24,881 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $63,889 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $19,565 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,316 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $195,545 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $10,172 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $11,377 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,098 | TotalAmt |
| Program Services | $24,158 | ProgramServicesAmt |
| Management And General | $15,914 | ManagementAndGeneralAmt |
| Fundraising | $4,026 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,252 | TotalAmt |
| Program Services | $2,338 | ProgramServicesAmt |
| Management And General | $1,531 | ManagementAndGeneralAmt |
| Fundraising | $383 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,324 | TotalAmt |
| Management And General | $6,324 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,395 | TotalAmt |
| Program Services | $3,500 | ProgramServicesAmt |
| Management And General | $1,895 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,550 | TotalAmt |
| Program Services | $5,819 | ProgramServicesAmt |
| Management And General | $487 | ManagementAndGeneralAmt |
| Fundraising | $244 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,466 | TotalAmt |
| Program Services | $3,086 | ProgramServicesAmt |
| Management And General | $4,400 | ManagementAndGeneralAmt |
| Fundraising | $980 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,815 | TotalAmt |
| Program Services | $1,689 | ProgramServicesAmt |
| Management And General | $844 | ManagementAndGeneralAmt |
| Fundraising | $282 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,902 | TotalAmt |
| Program Services | $14,902 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,558 | TotalAmt |
| Program Services | $23,937 | ProgramServicesAmt |
| Management And General | $580 | ManagementAndGeneralAmt |
| Fundraising | $41 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,863 | TotalAmt |
| Program Services | $7,940 | ProgramServicesAmt |
| Management And General | $2,923 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| MUSEUM LANDSCAPING | $9,119 | $9,119 |
| ART CAMP EXPENSES | $5,643 | $5,643 |
| SMALL PROGRAM EXPENSE | $4,514 | $4,514 |
| CONCERT EXPENSES | $4,228 | $4,228 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,859 | TotalAmt |
| Program Services | $5,862 | ProgramServicesAmt |
| Management And General | $1,997 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $159,586 | TotalAmt |
| Program Services | $116,735 | ProgramServicesAmt |
| Management And General | $36,895 | ManagementAndGeneralAmt |
| Fundraising | $5,956 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $364,875 | BOYAmt |
| EOY | $29,461 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,191,983 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $70,010 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $639,393 | BOYAmt |
| EOY | $1,121,973 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $426,576 | BOYAmt |
| EOY | $506,171 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,890 | BOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,512,734 | BOYAmt |
| EOY | $1,657,605 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | 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 | $930,552 | BOYAmt |
| EOY | $1,157,096 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $582,182 | BOYAmt |
| EOY | $500,509 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,512,734 | BOYAmt |
| EOY | $1,657,605 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,512,734 | BOYAmt |
| EOY | $1,657,605 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $35,959 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $108,912 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | 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 | $160,202 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $259,621 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $242,058 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $132,846 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $168,680 | CurrentTaxYearAmt |
| Total | $963,407 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $160,202 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $259,621 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $242,058 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $132,846 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $168,680 | CurrentTaxYearAmt |
| Total | $963,407 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $407,633 | SubstantialContributorsTotAmt |
| Public Support Total170 | $555,774 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,112 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,671 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,526 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $69,541 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $11,377 | CurrentTaxYearAmt |
| Total | $120,227 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,083,634 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $134,830 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.51290 | PublicSupportCY170Pct |
| Public Support PY170 | 0.78110 | 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) |
|---|---|---|
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $382,452 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $118,079 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $500,531 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $350,425 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $32,027 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $382,452 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $315,232 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $35,193 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $350,425 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $366,482 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$51,250 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $315,232 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | $300,000 | ContributionsAmt |
| Investment Earnings Or Losses | $66,482 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $366,482 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $270,053 | OtherCostOrOtherBasisAmt |
| Book Value | $270,053 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $827,172 | OtherCostOrOtherBasisAmt |
| Depreciation | $57,092 | DepreciationAmt |
| Book Value | $770,080 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $44,687 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,393 | DepreciationAmt |
| Book Value | $41,294 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $25,982 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,321 | DepreciationAmt |
| Book Value | $17,661 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $24,089 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,204 | DepreciationAmt |
| Book Value | $22,885 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,121,973 | TotalBookValueLandBuildingsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 2, PART V, LINE 4 | FormAndLineReferenceDesc |
| Explanation | THE GENERAL PURPOSE OF THE ENDOWMENT TRUST IS TO MAINTAIN AND PRESERVE THE MUSEUM BUILDING, AND PROVIDE FOR ONGOING MAINTENANCE, BY SUPPLYING FUNDS NECESSARY TO REPAIR AND MAINTAIN THE BUILDING. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | PETO CUP | Event1Nm |
| Gross Receipts Event1 | $88,770 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $63,889 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $24,881 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $1,870 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $13,599 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $599 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $3,497 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $88,770 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $63,889 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $24,881 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $1,870 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $13,599 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $599 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $3,497 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $19,565 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $5,316 | NetIncomeSummaryAmt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 4 | ContributionCnt |
| Noncash Contributions Rpt F990 | $5,905 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SELLING PRICE (AUCTION) | MethodOfDeterminingRevenuesTxt |
Clothing And Household Goods ClothingAndHouseholdGoodsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $570 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SELLING PRICE (AUCTION) | MethodOfDeterminingRevenuesTxt |
Collectibles CollectiblesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 8 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,260 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SELLING PRICE (AUCTION) | MethodOfDeterminingRevenuesTxt |
Food Inventory FoodInventoryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $250 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SELLING PRICE (AUCTION) | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | TICKETS | Desc |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,950 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | SELLING PRICE (AUCTION) | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | TO PROMOTE THE LEGACY OF JOHN F. PETO, INTERNATIONALLY RENOWNED ARTIST, BY MAINTAINING HIS HOME AND STUDIO AS A WORKING MUSEUM, BY FOSTERING EDUCATIONAL OPPORTUNITIES IN THE ARTS AND PARTNERING WITH THE LARGER COMMUNITY. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FINANCE COMMITTEE OF BOARD OF TRUSTEES REVIEWS A DRAFT OF FORM 990 AND AGREES UPON ANY NECESSARY CHANGES PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. |
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