2025-05-14T14:19:07+00:00 2024-06-30 440160260 Forvis Mazars LLP 820 Massachusetts Ave Suite 1370 Indianapolis IN 46204 990 2023-07-01 350867955 Indianapolis Museum of Art Inc INDI 3179231331 4000 Michigan Road Indianapolis IN 46208 Le Monte Booker President and CEO 3179231331 2025-05-14 true true Nicole Fishback P01279475 3173834000 2025-05-15 2023 2025-03-06 01:10:19Z Newfields Le Monte Booker 4000 Michigan Road Indianapolis IN 46208 828398954 false X WWW.DISCOVERNEWFIELDS.ORG X 1883 IN TO ENRICH LIVES THROUGH EXCEPTIONAL EXPERIENCES WITH ART AND NATURE. 27 26 534 505 549409 0 36424875 8424713 14723386 11805446 10068165 29674062 808565 788521 62024991 50692742 8000 0 0 0 19749380 22152228 0 0 3927150 26157106 28950716 45914486 51102944 16110505 -410202 526525961 535821328 60272875 59159444 466253086 476661884 X TO ENRICH LIVES THROUGH EXCEPTIONAL EXPERIENCES WITH ART AND NATURE. NEWFIELDS OFFERS DYNAMIC EXPERIENCES WITH ART AND NATURE FOR GUESTS OF ALL AGES. THE 152-ACRE CULTURAL CAMPUS FEATURES ART GALLERIES, LUSH GARDENS, A HISTORIC HOME, PERFORMANCE SPACES, A NATURE PRESERVE AND (CONTINUED ON SCHEDULE O) false false 13375749 2141715 EDUCATIONAL - TO COMMUNICATE AND DEVELOP KNOWLEDGE ABOUT THE ART COLLECTED, TO MEMBERS OF THE GENERAL PUBLIC. 10816104 1570129 CURATORIAL - THE STUDY, PRESERVATION AND COLLECTION OF ART FOR THE ENJOYMENT OF FUTURE GENERATIONS. 6899536 6133688 HORTICULTURAL - NEWFIELDS FOSTERS EXPLORATION OF THE NATURAL ENVIRONMENT AND THE HISTORIC PROPERTIES FOR WHICH NEWFIELDS HAS BEEN GIVEN STEWARDSHIP. 5964028 2230124 MUSEUM STORE 5964028 2230124 37055417 true true false false false false true false true true true false false true false false true false false true false false false false false false false false true true false false false false false false false false false false true true false false true true false false false true 159 0 true 534 true true true false false false false true true false false false false false false X 27 26 true false true false false false false true true false false true true true true true true true true false IN X X JEREMIAH WISE 3179231331 4000 MICHIGAN ROAD INDIANAPOLIS IN 46208 ANNE SELLERS VICE CHAIR 2.0 0.0 X X 0 0 0 Colette Burnette Director & CEO (End 11/2023) 50.0 0.0 X X 537813 0 20342 DARRIANNE CHRISTIAN CHAIR 2.0 0.0 X X 0 0 0 DOUGLAS SINGLETON GOVERNOR CHAIR EX-OFFICIO 2.0 0.0 X X 0 0 0 IAN RUPERT AT-LARGE 2.0 0.0 X X 0 0 0 MICHAEL KUBACKI EX-OFFICIO/INTERIM PRES/CEO 50.0 0.0 X X 44712 0 0 MYRTA PULLIAM AT-LARGE 2.0 0.0 X X 0 0 0 SARAH LECHLEITER SECRETARY 2.0 0.0 X X 0 0 0 SHANE MERRIWEATHER VICE CHAIR 2.0 0.0 X X 0 0 0 ALLAN MILLS BOARD MEMBER 2.0 0.0 X 0 0 0 DANIEL C YATES BOARD MEMBER 2.0 0.0 X 0 0 0 DORIT PAUL BOARD MEMBER 2.0 0.0 X 0 0 0 DR LEON JACKSON BOARD MEMBER 2.0 0.0 X 0 0 0 ELLEN SWISHER CRABB BOARD MEMBER 2.0 0.0 X 0 0 0 JASON NOYAN BOARD MEMBER 2.0 0.0 X 0 0 0 JOHN LISHER BOARD MEMBER 2.0 0.0 X 0 0 0 KATHI POSTLETHWAIT BOARD MEMBER 2.0 0.0 X 0 0 0 LILY PAI BOARD MEMBER 2.0 0.0 X 0 0 0 NANCY CARPENTER BOARD MEMBER 2.0 0.0 X 0 0 0 NORA HIATT BOARD MEMBER 2.0 0.0 X 0 0 0 PATRICK O'DONOVAN BOARD MEMBER 2.0 0.0 X 0 0 0 REGINA CROSS BOARD MEMBER 2.0 0.0 X 0 0 0 ROBERT SCHEELE BOARD MEMBER 2.0 0.0 X 0 0 0 ROSEMARY STEINMETZ BOARD MEMBER 2.0 0.0 X 0 0 0 SAMUEL LEVI JONES BOARD MEMBER 2.0 0.0 X 0 0 0 STEPHANIE KIM BOARD MEMBER 2.0 0.0 X 0 0 0 SUSAN MCALISTER BOARD MEMBER 2.0 0.0 X 0 0 0 TONI BADER BOARD MEMBER 2.0 0.0 X 0 0 0 JEREMIAH WISE CHIEF FINANCIAL OFFICER 50.0 0.0 X 243428 0 31367 JONATHAN WRIGHT DEPUTY DIR - HORTICULTURE 50.0 0.0 X 275052 0 25532 ERNEST GAUSE CHIEF PEOPLE & DIVER. OFFICER 50.0 0.0 X 270356 0 11326 GRACE MEILS VICE PRESIDENT OF ADVANCEMENT 50.0 0.0 X 170713 0 19705 GREG SMITH SENIOR CONSERVATION SCIENTIST 50.0 0.0 X 165777 0 29367 JONATHAN BERGER VP - MKT & EXT AFFAIRS 50.0 0.0 X 197594 0 21756 LAURA MCGREW SR DIR-GUEST EXP AND VOLUNTEER 50.0 0.0 X 127053 0 19739 2032498 0 179134 14 false true false BCS SERVICES LLC 3450 EAST LAKE ROAD PALM HARBOR FL 34685 CLEANING SERVICE 561482 BARNES & THORNBURG LLP 11 S MERIDIAN STREET INDIANAPOLIS IN 46204 LEGAL SERVICES 255444 TYLER SCENIC LLC 6751 E 30TH STREET INDIANAPOLIS IN 46219 INSTALL SERVICES 188993 FORVIS MAZARS LLP PO BOX 200870 DALLAS TX 753200870 AUDIT AND TAX SERVICES 178609 INDIANAPOLIS PARKING LLC 10315 ALLISONVILLE ROAD FISHERS IN 46038 PARKING SERVICE 136115 9 973143 282990 7168580 405101 8424713 ADMISSION FEE 900099 8224195 8224195 PROJECT INCOME 900099 67711 67711 RESTAURANT AND CATERING INCOME 722511 1861696 1704181 157515 RENTAL INCOME 531190 339060 339060 OTHER INCOME 900099 1312784 1312784 0 0 0 0 11805446 4090464 -127322 4217786 229371 173299 56072 0 56072 56072 802015000 128947 776560349 0 25454651 128947 25583598 128947 29473 25425178 1705013 972564 732449 298778 433671 0 0 0 0 0 50692742 12075656 549409 29642964 X 1178247 294562 589123 294562 17065810 13621319 2217937 1226554 593208 470146 76837 46225 2059939 1632601 266820 160518 1255024 994667 162561 97796 382975 294131 57281 31563 110051 110051 2883163 2883163 6834098 5248705 1022167 563226 1648386 1265989 246547 135850 1993683 1531183 298192 164308 269611 207066 40325 22220 1427560 1096391 213518 117651 346870 266402 51881 28587 62298 47846 9318 5134 1887382 1449542 282293 155547 7781952 5976674 1163936 641342 495499 380552 74111 40836 Rent/Equipment and Other 601638 462089 89949 49600 Purchases of Art 458276 458276 Catering 340339 261380 50915 28044 Financial Expenses 336626 258534 50349 27743 1090309 837362 163103 89844 51102944 37055417 10120377 3927150 7278 4424 3293692 3750572 10257614 8744671 296703 1318297 0 0 742672 740387 645145 869898 233761026 148964188 87365666 84796838 85172341 108443117 322275673 313176024 0 16469177 13977100 526525961 535821328 2482360 2673519 911184 962755 53957697 50856059 0 2921634 4667111 60272875 59159444 X 120718086 116754884 345535000 359907000 466253086 476661884 526525961 535821328 X -410202 10908000 -89000 X false true X true false X 21145333 17307560 12529264 36424875 8424713 95831745 0 0 21145333 17307560 12529264 36424875 8424713 95831745 39983236 55848509 1638325 1251466 1785084 4044774 4319835 13039484 0 0 0 0 0 0 0 108871229 59972019 0.5130 0.5306 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 393661000 6955000 34949000 17400350 3070650 415094000 386951000 3927000 21870000 16214000 2873000 393661000 418401000 3572000 -19142000 13498000 2382000 386951000 327393000 11434000 106328000 22741000 4013000 418401000 335721000 7741000 707000 14009257 2766743 327393000 0.23 0.4 0.37 false false 921861 921861 184432513 107725538 76706975 44478428 40539089 3939339 3928224 699561 3228663 84796838 Alternative investments 313176024 F 313176024 LIABILITY FOR CHARITABLE ANNUITY 86036 LIABILITY FOR AMOUNTS HELD 1726631 ACCRUED INTEREST EXPENSE 460186 STATE SALES TAXES 16656 CAPITAL LEASE 718515 ASSET RETIREMENT OBLIGATION 1659087 4667111 59601143 10908000 972564 11880564 47720579 2883163 89000 2972163 50692742 49192345 972564 972564 48219781 2883163 0 2883163 51102944 Schedule D, Part X, Line 2 ASC 740 DISCLOSURE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 1a Collections of art - financial statement footnote IF ELECTED UNDER SFAS 116 PROVIDE FOOTNOTE FROM FINANCIAL STATEMENTS ACCORDING TO NEWFIELDS' POLICY, COLLECTIONS INCLUDE ALL WORKS OF ART, HISTORICAL TREASURES, LIBRARY ACCESSIONS AND SIMILAR ASSETS THAT ARE (A) HELD FOR PUBLIC SERVICE RATHER THAN FINANCIAL GAIN, (B) PROTECTED, KEPT UNENCUMBERED, CARED FOR AND PRESERVED, AND (C) SUBJECT TO THE MUSEUM'S POLICY THAT REQUIRES THE PROCEEDS OF ITEMS THAT ARE SOLD TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS. THE COLLECTIONS, WHICH HAVE BEEN ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, ARE NOT RECOGNIZED AS AN ASSET ON THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED OR TEMPORARILY RESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES, IF ANY, ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASS. Schedule D, Part III, Line 4 Collections of art - description of collections THE INDIANAPOLIS MUSEUM OF ART AT NEWFIELDS (IMA) WAS FOUNDED IN 1883 AS THE ART ASSOCIATION OF INDIANAPOLIS. TODAY, NEWFIELDS IS ONE OF THE TEN LARGEST AND OLDEST ENCYCLOPEDIC ART MUSEUMS IN THE UNITED STATES. NEWFIELDS PERMANENT COLLECTION BOASTS MORE THAN 41,316 WORKS OF ART IN THE AREAS OF AFRICAN ART; AMERICAN PAINTING AND SCULPTURE; ASIAN ART; CONTEMPORARY ART AFTER 1945; CONTEMPORARY DESIGN; DECORATIVE ARTS; EUROPEAN PAINTING AND SCULPTURE; PRINTS, DRAWINGS, AND PHOTOGRAPHS; TEXTILES AND FASHION ARTS. NEWFIELDS HOUSES, EXHIBITS, AND PRESERVES THIS ROBUST COLLECTION UTILIZING 129,250 SQUARE FEET OF GALLERY SPACE, ALONG WITH IN-HOUSE ART STORAGE FACILITIES, A CONSERVATION DEPARTMENT, AND A CONSERVATION SCIENCE LAB. NEWFIELDS SITS ON A 152-ACRE CAMPUS COMPRISING THE MUSEUM, THE GARDEN, LILLY HOUSE, PERFORMANCE SPACES, AND THE VIRGINIA B. FAIRBANKS ART AND NATURE PARK: 100 ACRES. THIS CAMPUS, ALONG WITH SATELLITE PROPERTY MILLER HOUSE AND GARDEN IN COLUMBUS, IN, IS COLLECTIVELY CALLED NEWFIELDS. THE MISSION OF NEWFIELDS IS TO ENRICH LIVES THROUGH EXCEPTIONAL EXPERIENCES WITH ART AND NATURE. Schedule D, Part V, Line 4 Intended uses of endowment funds THE MUSEUM'S ENDOWMENT CONSISTS OF APPROXIMATELY 150 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING ART PURCHASES, PROGRAM EXPENSES, BUILDING OPERATIONS, BOND COSTS, AND PERSONNEL EXPENSES. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Cost of Goods Sold - 972564 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Collection Items Donated, but Not Capitalized - 89000 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Cost of Goods Sold - 972564 Europe (Including Iceland and Greenland) 0 0 Investments NA 3943301 Central America and the Caribbean 0 0 Investments NA 78975119 0 0 0 0 0 0 82918420 0 82918420 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual X X X true true X X X X X X false false false false false false false true false Colette Burnette Director & CEO (End 11/2023) 468063 0 69750 0 0 0 6438 0 13904 0 558155 0 0 0 JEREMIAH WISE CHIEF FINANCIAL OFFICER 189303 0 54125 0 0 0 13028 0 18339 0 274795 0 0 0 JONATHAN WRIGHT DEPUTY DIR - HORTICULTURE 178552 0 96500 0 0 0 14609 0 10923 0 300584 0 0 0 ERNEST GAUSE CHIEF PEOPLE & DIVER. OFFICER 240356 0 30000 0 0 0 0 0 11326 0 281682 0 0 0 GRACE MEILS VICE PRESIDENT OF ADVANCEMENT 130713 0 40000 0 0 0 8013 0 11692 0 190418 0 0 0 GREG SMITH SENIOR CONSERVATION SCIENTIST 163777 0 2000 0 0 0 10677 0 18690 0 195144 0 0 0 JONATHAN BERGER VP - MKT & EXT AFFAIRS 157594 0 40000 0 0 0 10013 0 11743 0 219350 0 0 0 Schedule J, Part I, Line 7 Non-fixed payments THE BONUSES INCLUDED IN PART II, COLUMN (II) ARE VARIABLE COMPENSATION BASED ON PERFORMANCE OF THE ORGANIZATION. THEY ARE FROM AMOUNTS IN THE BUDGET SET ASIDE SPECIFICALLY FOR EXECUTIVE COMPENSATION. THESE BONUSES WERE APPROVED BY THE COMPENSATION COMMITTEE AND THE BOARD. Schedule J, Part I, Line 1a Gross-Up Payments, Housing Allowance, Social Club Dues INCLUDED IN COLETTE BURNETTE'S COMPENSATION IS HOUSING EXPENSES WHICH IS TAXABLE COMPENSATION AND GROSSED UP TO COVER TAXES. SOCIAL CLUB DUES IS FOR BUSINESS USE. COLETTE BURNETTE WOULD BE RESPONSIBLE FOR REIMBURSING NEWFIELDS FOR PERSONAL USE OF THE SOCIAL CLUB. THIS IS NOT INCLUDED IN HER W-2 INCOME. A INDIANA FINANCE AUTHORITY 351602316 2017-12-28 26105000 2017C- REFUNDING OF SERIES 2013A false false false B INDIANA FINANCE AUTHORITY 351602316 2017-08-01 10000000 2017B- REFUNDING OF SERIES 2014B false false false C INDIANA FINANCE AUTHORITY 351602316 45506DJM8 2013-05-08 39950000 2013B- REFUNDING OF SERIES 2002B false false false A 12000000 26105000 173829 25931171 2017 true false true true B 350000 10000000 55965 9944035 2017 true false true true C 13605000 39950000 233489 39716515 2013 true false true true A false false false false 0.0 false false true B false false false false 0.0 false false true C false false false false 0.0 false false true A false false true false false false false false true B false false true false false false false false true C false false true false false false false false true A true B true C true X 50 89000 Opinions of experts X 17 313691 Market value X Decor 2 2410 Cost 2 false true false Schedule M, Part I COLUMN (B) NUMBER OF CONTRIBUTORS: NEWFIELDS REPORTS THE NUMBER OF CONTRIBUTORS IN COLUMN (B). Form 990, Part I, Line 12 Gross Receipts Newfields shows $50,692,742 total revenue on Part 1 line 12 of this Form 990. The difference between total revenue and gross receipts, Page 1, Box G, primarily reflects transaction activity within Newfields' endowment and not revenue. Form 990, Part III, Line 1 ORGANIZATIONS MISSION SCULPTURE PARK. FROM INSPIRING EXHIBITIONS IN THE IMA GALLERIES, TO CONCERTS IN THE TOBIAS, TO A STROLL THROUGH THE GARDEN WITH A GLASS OF SOMETHING COLD, GUESTS ARE INVITED TO INTERACT WITH ART AND NATURE IN EXCITING NEW WAYS. NEWFIELDS IS HOME TO THE INDIANAPOLIS MUSEUM OF ART, AMONG THE TEN LARGEST AND TEN OLDEST GENERAL ART MUSEUMS IN THE NATION; THE LILLY HOUSE, A NATIONAL HISTORIC LANDMARK; THE GARDEN, FEATURING 40 ACRES OF CONTEMPORARY AND HISTORIC GARDENS, A WORKING GREENHOUSE AND AN ORCHARD; AND THE VIRGINIA B. FAIRBANKS ART AND NATURE PARK, ONE OF THE LARGEST ART AND NATURE PARKS IN THE COUNTRY. THE NEWFIELDS CAMPUS EXTENDS OUTSIDE OF INDIANAPOLIS WITH MILLER HOUSE AND GARDEN IN COLUMBUS, INDIANA, ONE OF THE NATION'S MOST HIGHLY REGARDED EXAMPLES OF MID-CENTURY MODERNIST ARCHITECTURE. Form 990, Part III, Line 4d Description of other program services (Expenses $ 5,964,028 including grants of $)(Revenue $ 2,230,124) MUSEUM STORE Form 990, Part VI, Line 2 Family/business relationships amongst interested persons MICHAEL KUBACKI AND DARRIANNE CHRISTIAN - Business relationship, MICHAEL KUBACKI AND DANIEL YATES - Business relationship Form 990, Part VI, Line 4 Significant changes to organizational documents THE BYLAWS WERE UPDATED IN MAY 2024 TO REFLECT THE ADDITION OF AN ADVANCEMENT COMMITTEE. Form 990, Part VI, Line 11b Review of form 990 by governing body THE CHIEF FINANCIAL OFFICER AS WELL AS AN INDEPENDENT ACCOUNTING FIRM COMPLETE A DETAILED REVIEW OF THE FORM 990 BEFORE IT IS SUPPLIED TO THE FINANCE AND AUDIT COMMITTEE FOR THEIR REVIEW. THE ENTIRE BOARD RECEIVES A COPY OF THE FORM 990 BEFORE IT IS FILED. Form 990, Part VI, Line 12c Conflict of interest policy NEWFIELDS HAS OFFICERS, DIRECTORS OR TRUSTEES, AND KEY EMPLOYEES COMPLETE CONFLICT OF INTEREST QUESTIONNAIRES ANNUALLY. THE CFO REVIEWS THE QUESTIONNAIRES ON AN ANNUAL BASIS. IF A CONFLICT IS NOTED, IT IS SUMMARIZED ON A SEPERATE DOCUMENT THAT IS THEN PRESENTED TO THE BOARD AND USED FOR COMPILATION OF THE 990. ANY BOARD MEMBER WHO HAS A CONFLICT OF INTEREST ABSTAINS FROM VOTING ON THE RELATED ISSUE AND MAY NOT BE INVOLVED IN ANY DISCUSSION PERTAINING TO THE PARTICULAR ISSUE. Form 990, Part VI, Line 15a Process to establish compensation of top management official UNDER THE DIRECTION OF THE BOARD, THE HR DEPARTMENT GATHERS INDEPENDENT MARKET DATA, INCLUDING THE ASSOCIATION OF ART MUSEUM DIRECTORS SURVEY AND PROVIDES IT TO THE EXECUTIVE COMMITTEE TO REVIEW AND USE IN DETERMINING THE CEO'S SALARY ANNUALLY. Form 990, Part VI, Line 15b Process to establish compensation of other employees UNDER THE DIRECTION OF THE BOARD, THE HR DEPARTMENT GATHERS INDEPENDENT MARKET DATA, INCLUDING THE ASSOCIATION OF ART MUSEUM DIRECTORS SURVEY AND PROVIDES IT TO THE EXECUTIVE COMMITTEE TO REVIEW AND USE IN DETERMINING KEY EMPLOYEES' SALARIES ANNUALLY. Form 990, Part VI, Line 19 Required documents available to the public NEWFIELDS DOES NOT MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. HOWEVER, FINANCIAL STATEMENTS AND THE FORM 990 ARE AVAILABLE ON THE WEBSITE. Form 990, Part IX, Line 11g Other Fees Professional Fees and Services - Total Expense: 2786433, Program Service Expense: 2140029, Management and General Expenses: 416763, Fundraising Expenses: 229641; Service Contract Expenses - Total Expense: 531001, Program Service Expense: 407818, Management and General Expenses: 79421, Fundraising Expenses: 43762; Lectures, Performers, Honorariums - Total Expense: 330886, Program Service Expense: 254126, Management and General Expenses: 49490, Fundraising Expenses: 27270; Contracted Work - Total Expense: 2930748, Program Service Expense: 2250865, Management and General Expenses: 438348, Fundraising Expenses: 241535; Other Purchased Services - Total Expense: 197648, Program Service Expense: 151797, Management and General Expenses: 29562, Fundraising Expenses: 16289; Payroll Services - Total Expense: 57382, Program Service Expense: 44070, Management and General Expenses: 8583, Fundraising Expenses: 4729; Form 990, Part XI, Line 9 Other changes in net assets or fund balances COLLECTION ITEMS DONATED, BUT NOT CAPITALIZED - -89000; OLDFIELDS LLC 4000 MICHIGAN ROAD INDIANAPOLIS IN 46208 REAL ESTATE IN 0 0 NA CHARITABLE REMAINDER TRUSTS (2) TRUST IN NA Trust false false false false false false false false false false false false false false false false false false false