THE METROPOLITAN MUSEUM OF ART: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- THE METROPOLITAN MUSEUM OF ART (EIN 13-1624086)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-02-15
- IRS object ID
- 202330469349301348
- Schema version
- 2021v4.2
- 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 C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-02-15T11:45:22-06:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 655 NEW YORK AVENUE NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131624086 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | METROPOLITAN MUSEUM OF ART | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CONTROLLER'S OFFICE | InCareOfNm |
| Business Name Control | METR | BusinessNameControlTxt |
| Phone | 2128795500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMESON KELLEHER | PersonNm |
| Person Title | SVP, CFO & TREASURER | PersonTitleTxt |
| Phone | 6464713000 | PhoneNum |
| Signature | 2023-02-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMESON | PersonFirstNm |
| Person Last | KELLEHER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRAVIS L PATTON | PreparerPersonNm |
| PTIN | P00369623 | PTIN |
| Phone | 2024141000 | PhoneNum |
| Preparation | 2023-02-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-03-07 01:45:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Daniel Weiss | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,578,344,848 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.METMUSEUM.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1870 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES. PLEASE SEE SCHEDULE O FOR MORE DETAILS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 49 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 47 | VotingMembersIndependentCnt |
| Total Employee | 2079 | TotalEmployeeCnt |
| Total Volunteers | 1013 | TotalVolunteersCnt |
| Total Gross UBI | $21,864,394 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $194,219,691 | PYContributionsGrantsAmt |
| CY Contributions Grants | $307,540,922 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,435,800 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $11,654,821 | CYProgramServiceRevenueAmt |
| PY Investment Income | $339,535,830 | PYInvestmentIncomeAmt |
| CY Investment Income | $296,595,264 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$1,711,304 | PYOtherRevenueAmt |
| CY Other Revenue | $37,710,917 | CYOtherRevenueAmt |
| PY Total Revenue | $536,480,017 | PYTotalRevenueAmt |
| CY Total Revenue | $653,501,924 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,530,654 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,056,780 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $194,512,715 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $194,153,216 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $120,968 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $17,662,331 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $171,934,461 | PYOtherExpensesAmt |
| CY Other Expenses | $221,425,905 | CYOtherExpensesAmt |
| PY Total Expenses | $368,977,830 | PYTotalExpensesAmt |
| CY Total Expenses | $418,756,869 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $167,502,187 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $234,745,055 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,588,554,992 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,373,900,476 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $748,554,727 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $655,417,711 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $4,840,000,265 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $4,718,482,765 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES IN ORDER TO CONNECT PEOPLE TO CREATIVITY, KNOWLEDGE, AND IDEAS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $143,057,386 | ExpenseAmt |
| Grant | $3,056,780 | GrantAmt |
| Revenue | $10,330,727 | RevenueAmt |
| Desc | CURATORIAL DEPARTMENTS, INCLUDING OPERATION OF THE CLOISTERS, CONSERVATION, CATALOGUING, AND SCHOLARLY PUBLICATIONS (INCLUDES FELLOWSHIP AWARDS AND TRAVEL STIPENDS IN THE AMOUNT OF $2,561,795) - SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $74,431,649 | ExpenseAmt |
| Revenue | $44,017,692 | RevenueAmt |
| Desc | ACQUISITIONS AND SALES OF ART - SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $17,663,215 | ExpenseAmt |
| Revenue | $768,464 | RevenueAmt |
| Desc | EDUCATION PROGRAMS AND MUSEUM LIBRARIES - SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)
| ExpenseExpenseAmt | DescDesc | RevenueRevenueAmt |
|---|---|---|
| $15,412,352 | OPERATING SERVICES | |
| $15,179,926 | SPECIAL EXHIBITIONS | |
| $5,547,128 | ALL OTHER SUPPORT SERVICES | -$554,071 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $36,139,406 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | -$554,071 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $271,291,656 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | 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 | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| 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 | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | 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 | 634 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 2079 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | EG | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 49 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 47 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | 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 | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CONTROLLER'S OFFICE | PersonNm |
| Phone | 2128795500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (75 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Lauren A Meserve | ||||||||||
| SVP & Chief Investment Officer | 35.0 | 0.0 | Yes (X) | $1,491,038 | $0 | $387,555 | ||||
| Daniel H Weiss | ||||||||||
| President, CEO, Ex-Off. Truste | 35.0 | 0.0 | Yes (X) | $1,365,424 | $0 | $64,856 | Yes (X) | |||
| Max Hollein | ||||||||||
| Marina Kellen French Director | 35.0 | 0.0 | Yes (X) | $1,329,783 | $0 | $55,990 | Yes (X) | |||
| Clyde B Jones III | ||||||||||
| SVP, Institutional Advancement | 35.0 | 0.0 | Yes (X) | $567,022 | $0 | $51,065 | ||||
| Keith R Christiansen | ||||||||||
| Chairman,Euro Painting To 7/21 | 35.0 | 0.0 | $554,555 | $0 | $52,417 | Yes (X) | ||||
| Jameson Kelleher | ||||||||||
| SVP, Fin & Ops, CFO, Treasurer | 35.0 | 0.0 | Yes (X) | $536,881 | $0 | $51,702 | ||||
| Sharon H Cott | ||||||||||
| SVP, Secretary & Gen. Counsel | 35.0 | 0.0 | Yes (X) | $499,029 | $0 | $64,454 | ||||
| Quincy Houghton | ||||||||||
| Deputy Dir for Exhibitions | 35.0 | 0.0 | Yes (X) | $392,940 | $0 | $63,478 | ||||
| Kenneth Weine | ||||||||||
| VP Ex. Affairs/Chief Comms Off | 35.0 | 0.0 | Yes (X) | $379,434 | $0 | $55,885 | ||||
| Stephen Martin Mannello | ||||||||||
| GMM & Head of Retail | 35.0 | 0.0 | $362,231 | $0 | $54,558 | Yes (X) | ||||
| Jhaelen Hernandez Eli | ||||||||||
| Head of Construction | 35.0 | 0.0 | $359,801 | $0 | $53,044 | Yes (X) | ||||
| Andrea Bayer | ||||||||||
| Deputy Dir, Collections/Admin | 35.0 | 0.0 | Yes (X) | $346,604 | $0 | $62,691 | ||||
| Stephen A Manzi | ||||||||||
| Chief Dev Off, Indiv Giving | 35.0 | 0.0 | $336,087 | $0 | $61,994 | Yes (X) | ||||
| Inka Drogemuller | ||||||||||
| Dep Dir Digital/Edu/Pub/Lbrary | 35.0 | 0.0 | Yes (X) | $345,733 | $0 | $40,974 | ||||
| Steven R Ryan | ||||||||||
| Chief Technology Officer | 35.0 | 0.0 | $320,389 | $0 | $59,254 | Yes (X) | ||||
| Douglas C Hegley | ||||||||||
| Chief Digital Officer | 35.0 | 0.0 | $321,918 | $0 | $47,789 | Yes (X) | ||||
| Jeanette Brizel | ||||||||||
| Chief HR Officer | 35.0 | 0.0 | $256,997 | $0 | $35,669 | Yes (X) | ||||
| Allison Rutledge-Parisi | ||||||||||
| VP Chief HR Officer to 1/21 | 35.0 | 0.0 | $280,614 | $0 | $9,267 | Yes (X) | ||||
| Laurel Britton | ||||||||||
| SVP, Revenue & Ops. to 2/21 | 35.0 | 0.0 | $175,019 | $0 | $21,483 | Yes (X) | ||||
| Candace K Beinecke | ||||||||||
| Elective Trustee & Co-Chair | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| Hamilton E James | ||||||||||
| Elective Trustee & Co-Chair | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| Richard L Chilton Jr | ||||||||||
| Elective Trustee & Vice Chair | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | |||
| Charles N Atkins | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Debra Black | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Samantha Boardman | ||||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| James Breyer | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Daniel Brodsky | ||||||||||
| Elective Trustee To 9/21 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Ursula Burns | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Wellington Z Chen | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| N Anthony Coles | ||||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Stephen M Cutler | ||||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Blair Effron | ||||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Mark Fisch | ||||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Colvin W Grannum | ||||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Jeffrey W Greenberg | ||||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Amy Griffin | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Caroline Diamond Harrison | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| J Tomilson Hill | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Jeff Himmelman | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Ming Chu Hsu | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Michael ByungJu Kim | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Sacha Lainovic | ||||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Philip F Maritz | ||||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Howard Marks | ||||||||||
| Elective Trustee to 9/21 | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Catie Marron | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Bijan Mossavar-Rahmani | ||||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Dasha Zhukova Niarchos | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Jeffrey M Peek | ||||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Gina Peterson | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Edward N Pick | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| John Pritzker | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Sir Paul Ruddock | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Alejandro Santo Domingo | ||||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Andrew M Saul | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Karen Patton Seymour | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Andrew Solomon | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Beatrice Stern | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Gaby Sulzberger | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Ann G Tenenbaum | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Merryl H Tisch | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Mathew M Wambua | ||||||||||
| Elective Trustee | 2.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| David S Winter | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Dame Anna Wintour | ||||||||||
| Elective Trustee | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Bill de Blasio | ||||||||||
| Ex-Officio Trustee to 12/21 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Corey Johnson | ||||||||||
| Ex-Officio Trustee to 12/21 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Gonzalo Casals | ||||||||||
| Ex-Officio Trustee to 3/22 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Scott Stringer | ||||||||||
| Ex-Officio Trustee to 12/21 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Mitchell J Silver | ||||||||||
| Ex-Officio Trustee to 7/21 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Margaret Nelson | ||||||||||
| Ex-Officio Trustee 8/21 - 9/21 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Gabrielle Fialkoff | ||||||||||
| Ex-Officio Trustee9/21 - 12/21 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Susan Donoghue | ||||||||||
| Ex-Officio Trustee as of 1/22 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Eric Adams | ||||||||||
| Ex-Officio Trustee as of 1/22 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Adrienne Adams | ||||||||||
| Ex-Officio Trustee as of 1/22 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Laurie Cumbo | ||||||||||
| Ex-Officio Trustee as of 3/22 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Brad Lander | ||||||||||
| Ex-Officio Trustee as of 1/22 | 1.0 | 0.0 | $0 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $10,221,499 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,294,125 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 358 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SKANSKA USA BUILDING INC | |||||
| 389 Interpace Parkway 5th Fl | PARSIPPANY | NJ | 07054 | Construction Manager | $26,866,765 |
| SHAWMUT DESIGN AND CONSTRUCTION | |||||
| 506 Harrison Avenue | BOSTON | MA | 02118 | Construction Manager | $2,373,182 |
| BEYER BLINDER BELLE ARCHITECTS | |||||
| 120 Broadway | NEW YORK | NY | 10271 | ARCHITECTURE SERVICE | $4,347,191 |
| Atrium Staffing LLC | |||||
| 625 Liberty Ave Suite 200 | PITTSBURGH | PA | 15222 | TEMPORARY STAFFING | $1,271,691 |
| SEIBOLD SECURITY INC | |||||
| 12 AQEDUCT STREET | ROCHESTER | NY | 14614 | Security Systems | $1,278,599 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 55 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $26,169,520 | MembershipDuesAmt |
| Fundraising | $41,560,706 | FundraisingAmt |
| Government Grants | $21,060,909 | GovernmentGrantsAmt |
| All Other Contributions | $218,749,787 | AllOtherContributionsAmt |
| Noncash Contributions | $11,629,887 | NoncashContributionsAmt |
| Total Contributions | $307,540,922 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| EDUCATIONAL PRGMS, CONCERTS & LECTURES | 532000 | $11,599,023 | $11,599,023 | |
| PHOTO RENTALS & FILM FEES | 532000 | $55,798 | $55,798 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $11,654,821 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,477,434 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $21,196,731 | UnrelatedBusinessRevenueAmt |
| Exclusion | $33,280,703 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,790 | TotalRevenueColumnAmt |
| Exclusion | $14,790 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,118,116,750 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $875,998,920 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $242,117,830 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $242,117,830 | TotalRevenueColumnAmt |
| Exclusion | $242,117,830 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $987,608 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $41,560,706 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $11,345,899 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$10,358,291 | TotalRevenueColumnAmt |
| Exclusion | -$10,358,291 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $37,130,636 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $37,498,105 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$367,469 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$979,334 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $611,865 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| PARKING GARAGE | 812930 | $2,431,046 | $2,431,046 | |
| RESTAURANT | 722511 | $1,972,688 | $1,972,688 | |
| PROCEEDS FROM SALE OF ART | 900099 | $44,017,692 | $44,017,692 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $461 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $461 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $48,421,887 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $653,501,924 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $54,637,842 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $21,864,394 | UnrelatedBusinessRevenueAmt |
| Exclusion | $269,458,766 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,011,529 | TotalAmt |
| Program Services | $3,011,529 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,251 | TotalAmt |
| Program Services | $45,251 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,221,499 | TotalAmt |
| Program Services | $2,969,615 | ProgramServicesAmt |
| Management And General | $5,969,341 | ManagementAndGeneralAmt |
| Fundraising | $1,282,543 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $121,142,689 | TotalAmt |
| Program Services | $60,812,311 | ProgramServicesAmt |
| Management And General | $53,322,967 | ManagementAndGeneralAmt |
| Fundraising | $7,007,411 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,889,396 | TotalAmt |
| Program Services | $1,394,973 | ProgramServicesAmt |
| Management And General | $1,303,350 | ManagementAndGeneralAmt |
| Fundraising | $191,073 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,969,237 | TotalAmt |
| Program Services | $23,941,923 | ProgramServicesAmt |
| Management And General | $23,791,051 | ManagementAndGeneralAmt |
| Fundraising | $3,236,263 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,930,395 | TotalAmt |
| Program Services | $4,311,509 | ProgramServicesAmt |
| Management And General | $4,028,327 | ManagementAndGeneralAmt |
| Fundraising | $590,559 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,520,064 | TotalAmt |
| Program Services | $106,702 | ProgramServicesAmt |
| Management And General | $1,400,862 | ManagementAndGeneralAmt |
| Fundraising | $12,500 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $271,241 | TotalAmt |
| Management And General | $271,241 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,962 | TotalAmt |
| Fundraising | $73,962 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $120,968 | TotalAmt |
| Fundraising | $120,968 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,842,868 | TotalAmt |
| Management And General | $10,842,868 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,456,198 | TotalAmt |
| Program Services | $11,473,606 | ProgramServicesAmt |
| Management And General | $241,343 | ManagementAndGeneralAmt |
| Fundraising | $741,249 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,073,296 | TotalAmt |
| Program Services | $742,879 | ProgramServicesAmt |
| Management And General | $3,866,521 | ManagementAndGeneralAmt |
| Fundraising | $2,463,896 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,103,692 | TotalAmt |
| Program Services | $14,755,736 | ProgramServicesAmt |
| Management And General | $4,751,563 | ManagementAndGeneralAmt |
| Fundraising | $596,393 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,730,253 | TotalAmt |
| Program Services | $1,055,628 | ProgramServicesAmt |
| Management And General | $3,494,570 | ManagementAndGeneralAmt |
| Fundraising | $180,055 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,876,225 | TotalAmt |
| Program Services | $2,540,716 | ProgramServicesAmt |
| Management And General | $3,335,119 | ManagementAndGeneralAmt |
| Fundraising | $390 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,499,293 | TotalAmt |
| Program Services | $1,273,044 | ProgramServicesAmt |
| Management And General | $141,931 | ManagementAndGeneralAmt |
| Fundraising | $84,318 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $332,721 | TotalAmt |
| Program Services | $202,212 | ProgramServicesAmt |
| Management And General | $94,414 | ManagementAndGeneralAmt |
| Fundraising | $36,095 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,000,355 | TotalAmt |
| Program Services | $10,385,608 | ProgramServicesAmt |
| Management And General | $2,438,281 | ManagementAndGeneralAmt |
| Fundraising | $176,466 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,168,753 | TotalAmt |
| Program Services | $42,978,890 | ProgramServicesAmt |
| Management And General | $4,999,133 | ManagementAndGeneralAmt |
| Fundraising | $190,730 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,716,189 | TotalAmt |
| Program Services | $850,602 | ProgramServicesAmt |
| Management And General | $865,587 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PURCHASES OF ART | $74,431,649 | $74,431,649 | ||
| RESTAURANT SERVICES & SUPPLIES | $2,342 | $2,342 | ||
| REPAIRS & MAINTENANCE | $13,945,164 | $11,662,521 | $2,122,638 | $160,005 |
| CATERING SERVICES | $3,644,201 | $2,303,231 | $823,541 | $517,429 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,737,439 | TotalAmt |
| Program Services | $41,521 | ProgramServicesAmt |
| Management And General | $1,695,892 | ManagementAndGeneralAmt |
| Fundraising | $26 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $418,756,869 | TotalAmt |
| Program Services | $271,291,656 | ProgramServicesAmt |
| Management And General | $129,802,882 | ManagementAndGeneralAmt |
| Fundraising | $17,662,331 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,261,138 | BOYAmt |
| EOY | $68,754,668 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,804,192 | BOYAmt |
| EOY | $151,726,397 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,833,160 | BOYAmt |
| EOY | $6,099,391 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,052,707 | BOYAmt |
| EOY | $9,431,661 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,734,662 | BOYAmt |
| EOY | $5,783,720 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,286,269,909 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $906,584,491 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $369,704,361 | BOYAmt |
| EOY | $379,685,418 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,363,947,067 | BOYAmt |
| EOY | $2,893,307,068 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,593,650,696 | BOYAmt |
| EOY | $1,814,448,391 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,567,009 | BOYAmt |
| EOY | $44,663,762 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,588,554,992 | BOYAmt |
| EOY | $5,373,900,476 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,861,179 | BOYAmt |
| EOY | $90,769,668 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,512,859 | BOYAmt |
| EOY | $6,889,177 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $168,818,467 | BOYAmt |
| EOY | $150,806,512 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,417,277 | BOYAmt |
| EOY | $14,817,156 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $247,645,365 | BOYAmt |
| EOY | $247,751,691 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $217,299,580 | BOYAmt |
| EOY | $144,383,507 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $748,554,727 | BOYAmt |
| EOY | $655,417,711 | 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 | $1,354,620,135 | BOYAmt |
| EOY | $1,328,483,721 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,485,380,130 | BOYAmt |
| EOY | $3,389,999,044 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,840,000,265 | BOYAmt |
| EOY | $4,718,482,765 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,588,554,992 | BOYAmt |
| EOY | $5,373,900,476 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $234,745,055 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$430,888,643 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $74,626,088 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
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 | $279,348,687 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $343,470,192 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $245,041,493 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $194,219,691 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $307,540,922 | CurrentTaxYearAmt |
| Total | $1,369,620,985 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $17,908,833 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,194,609 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,685,720 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,711,126 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,725,626 | CurrentTaxYearAmt |
| Total | $74,225,914 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $297,257,520 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $359,664,801 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $259,727,213 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $206,930,817 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $320,266,548 | CurrentTaxYearAmt |
| Total | $1,443,846,899 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $113,643,363 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,330,203,536 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $44,924,524 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $45,146,385 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $50,863,902 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $36,502,901 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $33,295,493 | CurrentTaxYearAmt |
| Total | $210,733,205 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,654,580,104 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $312,635,487 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.80395 | PublicSupportCY170Pct |
| Public Support PY170 | 0.79026 | 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 C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $17,066 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $265,080 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $282,146 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $467,318,727 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $467,600,873 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
| Affiliated Group Total | $0 | AffiliatedGroupTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $321,647 | CurrentYearMinus3Amt |
| Current Year Minus2 | $313,323 | CurrentYearMinus2Amt |
| Current Year Minus1 | $381,179 | CurrentYearMinus1Amt |
| Current Year | $282,146 | CurrentYearAmt |
| Total | $1,298,295 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $18,759 | CurrentYearMinus3Amt |
| Current Year Minus2 | $19,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $27,036 | CurrentYearMinus1Amt |
| Current Year | $17,066 | CurrentYearAmt |
| Total | $81,861 | TotalAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| 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 | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,348,589,376 | BeginningYearBalanceAmt |
| Contributions | $34,311,991 | ContributionsAmt |
| Investment Earnings Or Losses | -$174,720,844 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,368,476 | GrantsOrScholarshipsAmt |
| Other Expenditures | $131,177,365 | OtherExpendituresAmt |
| Administrative Expenses | $5,819,384 | AdministrativeExpensesAmt |
| End Year Balance | $4,067,815,298 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,261,957,741 | BeginningYearBalanceAmt |
| Contributions | $37,841,684 | ContributionsAmt |
| Investment Earnings Or Losses | $1,201,381,824 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,031,628 | GrantsOrScholarshipsAmt |
| Other Expenditures | $149,560,245 | OtherExpendituresAmt |
| End Year Balance | $4,348,589,376 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,256,389,064 | BeginningYearBalanceAmt |
| Contributions | $52,194,550 | ContributionsAmt |
| Investment Earnings Or Losses | $123,776,925 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,182,733 | GrantsOrScholarshipsAmt |
| Other Expenditures | $167,220,065 | OtherExpendituresAmt |
| End Year Balance | $3,261,957,741 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,141,933,837 | BeginningYearBalanceAmt |
| Contributions | $87,717,708 | ContributionsAmt |
| Investment Earnings Or Losses | $183,685,830 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,167,736 | GrantsOrScholarshipsAmt |
| Other Expenditures | $153,780,575 | OtherExpendituresAmt |
| End Year Balance | $3,256,389,064 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,893,395,137 | BeginningYearBalanceAmt |
| Contributions | $39,032,474 | ContributionsAmt |
| Investment Earnings Or Losses | $330,683,094 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,156,563 | GrantsOrScholarshipsAmt |
| Other Expenditures | $118,020,305 | OtherExpendituresAmt |
| End Year Balance | $3,141,933,837 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.28370 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.71630 | PrmnntEndowmentBalanceEOYPct |
| 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 | $1,015,000 | OtherCostOrOtherBasisAmt |
| Book Value | $1,015,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $41,918,193 | OtherCostOrOtherBasisAmt |
| Depreciation | $32,184,632 | DepreciationAmt |
| Book Value | $9,733,561 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,186,198,587 | OtherCostOrOtherBasisAmt |
| Depreciation | $827,047,691 | DepreciationAmt |
| Book Value | $359,150,896 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $57,138,130 | OtherCostOrOtherBasisAmt |
| Depreciation | $47,352,169 | DepreciationAmt |
| Book Value | $9,785,961 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $379,685,418 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE EQUITY | $1,239,395,806 | F |
| REAL ASSETS | $575,052,585 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,814,448,391 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITY & SPLIT-INT OBLIGS. | $14,484,103 |
| PENSION AND OTHER ACCRUED RTRM | $123,481,792 |
| LEASE LIABILITY | $6,417,612 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $144,383,507 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $546,996,507 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$430,888,643 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $12,769,126 | OtherRevenueAmt |
| Revenue Not Reported | -$418,119,517 | RevenueNotReportedAmt |
| Revenue Subtotal | $965,116,024 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$311,614,100 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$311,614,100 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $653,501,924 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $334,482,370 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $61,613,130 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $61,613,130 | ExpensesNotReportedAmt |
| Expenses Subtotal | $272,869,240 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $145,887,629 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $145,887,629 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $418,756,869 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART III, LINE 1A | SFAS 116 FOOTNOTE IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTIONS HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF ART OBJECTS ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PURCHASES OF ART OBJECTS BY THE MUSEUM ARE RECORDED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. PURSUANT TO STATE LAW AND MUSEUM POLICY, PROCEEDS FROM THE SALE OF ART AND RELATED INSURANCE SETTLEMENTS ARE RECORDED AS TEMPORARILY RESTRICTED NET ASSETS FOR THE ACQUISITION OF ART. |
| SCHEDULE D, PART III, LINE 4 | DESCRIPTION OF ORGANIZATION'S COLLECTIONS & FURTHERANCE OF EXEMPT PURPOSE THE MUSEUM'S WORLD-CLASS ART COLLECTION SPANS THE GLOBE AND RANGES IN DATE FROM ANCIENT TO CONTEMPORARY ART. IT OFFERS A SURVEY OF CONSIDERABLE BREADTH OF ART FROM THE ANCIENT CIVILIZATIONS OF ASIA, AFRICA, SOUTH AMERICA, THE PACIFIC ISLANDS, EGYPT, THE NEAR EAST, AND GREECE AND ROME TO THE PRESENT TIME. THE MUSEUM'S COLLECTIONS INCLUDE EUROPEAN PAINTINGS, MEDIEVAL ART AND ARCHITECTURE, ARMS AND ARMOR, PRINTS, PHOTOGRAPHS, DRAWINGS, COSTUMES, MUSICAL INSTRUMENTS, SCULPTURE, TEXTILES, AND DECORATIVE ARTS FROM THE RENAISSANCE TO THE PRESENT TIME, AS WELL AS ONE OF THE FOREMOST COLLECTIONS OF AMERICAN ART IN THE WORLD. THE MUSEUM ALSO MAINTAINS SOME OF THE MOST COMPREHENSIVE ART AND ARCHITECTURE LIBRARIES IN THE UNITED STATES. THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN. |
| SCHEDULE D, PART V, LINE 3A & 4 | INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: THE MUSEUM'S ENDOWMENT FUNDS ARE INTENDED TO SUPPORT EDUCATIONAL PROGRAMS, SCHOLARLY RESEARCH AND PUBLICATIONS, ACQUISITIONS OF WORKS OF ART, CONSERVATION OF WORKS OF ART, SPECIAL EXHIBITS OF INTEREST TO THE PUBLIC, MAINTENANCE AND EXPANSION OF GALLERIES, AND GENERAL OPERATING SUPPORT FOR MUSEUM EXPENSES. |
| SCHEDULE D, PART XI, LINE 1 | AUDITED FINANCIAL STATEMENTS INCLUDE $345,208,736 FROM OPERATING ACTIVITIES AND $201,787,771 FROM NON-OPERATING ACTIVITIES FOR REVENUE, GAINS AND OTHER SUPPORT. TOTAL PART XI, LINE 1 $546,996,507. |
| SCHEDULE D, PART XI, LINE 2D | RECONCILING ITEMS FOR REVENUE INCLUDE THE FOLLOWING: ADVERTISING GIFTS-IN-KIND 43,500 FEDERAL INDEMNIFICATION 609,588 UTILITIES PROVIDED BY THE CITY OF NEW YORK 12,116,038 ----------- TOTAL 12,769,126 |
| SCHEDULE D, PART XI, LINE 4B | RECONCILING ITEMS FOR REVENUE INCLUDE THE FOLLOWING: MANAGEMENT FEES AND OTHER INVESTMENT EXPENSES 10,646,158 EXCESS INVESTMENT RETURN (339,748,626) COST OF SALES (37,498,105) FUNDRAISING EVENTS (11,345,899) PROCEEDS FROM SALE OF ART 44,017,692 2015 BOND PROCEEDS 24,366 CORPORATE SPECIAL EVENTS 507,662 MUSEUM LOANS 585,921 PARTNERSHIP UBIT 21,196,731 ------------ TOTAL (311,614,100) |
| SCHEDULE D, PART XII, LINE 2D | RECONCILING ITEMS FOR EXPENSES INCLUDE THE FOLLOWING: COST OF SALES 37,498,105 FUNDRAISING EVENTS 11,345,899 ADVERTISING GIFTS-IN-KIND 43,500 FEDERAL INDEMNIFICATION 609,588 UTILITIES PROVIDED BY THE CITY OF NEW YORK 12,116,038 ------------ TOTAL 61,613,130 |
| SCHEDULE D, PART XII, LINE 4B | RECONCILING ITEMS FOR EXPENSES INCLUDE THE FOLLOWING: DEPRECIATION AND MISCELLANEOUS NON-CAPITAL EXPENSES 45,664,162 PURCHASES OF ART 74,431,649 MANAGEMENT FEES AND OTHER INVESTMENT INCOME 10,646,158 INVESTMENT EXPENSES ON THE SERIES 2015 BOND 196,710 CORPORATE SPECIAL EVENTS 507,662 MUSEUM LOANS 585,922 EFFECT OF INTEREST RATE SWAP 12,429,970 NET PERIODIC PENSION AND POST RETIREMENT BENEFIT COST 1,425,396 ----------- TOTAL 145,887,629 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (11 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 0 | 0 | Grantmaking | $45,251 | |
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | $383,729 | RESEARCH & EXHIBITIONS |
| Sub-Saharan Africa | 0 | 0 | Program Services | $42,904 | RESEARCH & EXHIBITIONS |
| East Asia and the Pacific | 0 | 0 | Program Services | $154,534 | RESEARCH & EXHIBITIONS |
| South Asia | 0 | 0 | Program Services | $53,613 | RESEARCH & EXHIBITIONS |
| South America | 0 | 0 | Program Services | $16,855 | RESEARCH & EXHIBITIONS |
| Middle East and North Africa | 0 | 0 | Program Services | $93,885 | RESEARCH & EXHIBITIONS |
| North America | 0 | 0 | Program Services | $3,100 | RESEARCH & EXHIBITIONS |
| Central America and the Caribbean | 0 | 0 | Investments | $1,269,155,386 | |
| Europe (Including Iceland and Greenland) | 0 | 0 | Investments | $83,025,192 | |
| North America | 0 | 0 | Investments | $2,640,757 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $1,355,615,206 | SubtotalSpentAmt |
| Total Spent | $1,355,615,206 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | T. Rousseau Fellowship | TypeOfAssistanceTxt |
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Recipient | 2 | RecipientCnt |
| Cash Grant | $45,251 | CashGrantAmt |
| Manner Of Cash Disbursement | WIRE | MannerOfCashDisbursementTxt |
| Description Of Non Cash Asst | N/A | DescriptionOfNonCashAsstTxt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING PROCEDURES - FORM 990, SCHEDULE F, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | The Museum awards grants, educational travel stipends, and fellowships on an objective and nondiscriminatory basis. A Grants Committee, comprised of Museum curators, conservators, educators, scientists, and librarians makes selections based upon competitive written applications. The purpose of the grants are to provide an opportunity for the grantees to conduct research, extend their professional knowledge, and contribute to their respective fields at large. To the best of the Museum's knowledge none of the recipients of the grants or fellowships are related to any person such as a trustee, an officer, or a key person of the Museum. Every grantee is assigned a specific supervisor at the start of the grantee's fellowship period. The supervisor is either a curator, conservator, or scientist from the department hosting the individual grantee. The grantee and supervisor are in contact throughout the year and discuss all of the details of the grantee's research work. In addition, the Academic and Professional Programs Office, which is responsible for all of the fellows, requires periodic updates on the grantee's research. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|
| InfoCision | ||||
| TELE- MARKETING | false | $178,620 | $80,968 | $97,652 |
| NGK Global | ||||
| Consultants | false | $360,000 | $40,000 | $320,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $538,620 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $120,968 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $417,652 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Costume Institu | Event1Nm |
| Gross Receipts Event1 | $33,480,743 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $32,862,243 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $618,500 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $9,601,069 | OtherDirectExpensesEvent1Amt |
| Event2 | Acquisition Fun | Event2Nm |
| Gross Receipts Event2 | $3,783,560 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $3,690,560 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $93,000 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $254,198 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 7 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $5,284,011 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $5,007,903 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $276,108 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $1,490,632 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $42,548,314 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $41,560,706 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $987,608 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $11,345,899 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $11,345,899 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$10,358,291 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE G, PART II, LINE 11 AND FORM 990, PART VIII, LINE 8 | FormAndLineReferenceDesc |
| Explanation | Note the $10,358,291 loss presented above does not include the $41,560,706 of contributions which resulted in a net gain from these events of approximately $31.2 million. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (22 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| The Bothmer Fellowship | 1 | $6,917 | N/A | N/A |
| Sylvan C. and Pam Coleman Memorial Fellowship | 6 | $136,583 | N/A | N/A |
| Chester Dale Fellowship | 6 | $150,320 | N/A | N/A |
| Annette de la Renta Fellowship | 3 | $110,958 | N/A | N/A |
| The Douglass Foundation Fellowship | 1 | $39,583 | N/A | N/A |
| Andrew W. Mellon Art History Fellowship | 14 | $365,102 | N/A | N/A |
| Andrew W. Mellon Conservation Fellowship | 9 | $199,834 | N/A | N/A |
| Andrew W. Mellon Postdoctoral Curatorial Fellowshi | 2 | $114,719 | N/A | N/A |
| Andrew W. Mellon Collection Specialist Fellowship | 4 | $202,572 | N/A | N/A |
| Research Scholarship in Photograph Conservation Fe | 1 | $13,083 | N/A | N/A |
| J.Clawson Mills Fellowship | 6 | $103,250 | N/A | N/A |
| Slifka Foundation Fellowship | 1 | $23,334 | N/A | N/A |
| Hanns Swarzenski and Brigitte Horney Fellowship | 1 | $6,916 | N/A | N/A |
| Jane and Morgan Whitney Fellowship | 17 | $509,498 | N/A | N/A |
| Polaire Weissman Fellowship | 2 | $46,500 | N/A | N/A |
| Leonard A. Lauder Fellowships in Modern Art | 7 | $246,611 | N/A | N/A |
| Mellon Supplemental Fellowship Funds | 79 | $495,373 | N/A | N/A |
| Gerald and May Ritter Memorial Fund Fellowship | 2 | $48,167 | N/A | N/A |
| Vilchek Fellowship | 1 | $36,125 | N/A | N/A |
| Stern Fellowship | 1 | $36,125 | N/A | N/A |
| Eugene V. Thaw Fellowship | 1 | $42,042 | N/A | N/A |
| Sherman Fairchild Foundation Fellowship | 2 | $77,917 | N/A | N/A |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING PROCEDURES - FORM 990, SCHEDULE I, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | The Museum awards grants, educational travel stipends and fellowships on an objective and nondiscriminatory basis. A Grants Committee, comprised of Museum curators, conservators, educators, scientists and librarians, make selections based upon competitive written applications. The purpose of the grants is to provide an opportunity for the grantees to conduct research, extend their professional knowledge and contribute to their respective fields at large. To the best of the Museum's knowledge, none of the recipients of the grants or fellowships are related to any person such as a trustee, an officer, or a key employee of the Museum. Every grantee is assigned a specific supervisor at the start of the grantee's fellowship period. The supervisor is either a curator, conservator or scientist from the department hosting the individual grantee. The grantee and supervisor are in contact throughout the year and discuss all of the details of the grantees' research work. In addition, the Academic and Professional Programs Office which is responsible for all of the fellows requires periodic updates on the grantees' research. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (19 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Lauren A Meserve | ||||||||||||||
| SVP & Chief Investment Officer | $695,109 | $0 | $793,206 | $0 | $2,723 | $0 | $376,864 | $0 | $10,691 | $0 | $1,878,593 | $0 | $344,646 | $0 |
| Daniel H Weiss | ||||||||||||||
| President, CEO, Ex-Off. Truste | $1,089,671 | $0 | $4,000 | $0 | $271,753 | $0 | $40,290 | $0 | $24,566 | $0 | $1,430,280 | $0 | $0 | $0 |
| Max Hollein | ||||||||||||||
| Marina Kellen French Director | $1,040,072 | $0 | $4,000 | $0 | $285,711 | $0 | $31,900 | $0 | $24,090 | $0 | $1,385,773 | $0 | $0 | $0 |
| Clyde B Jones III | ||||||||||||||
| SVP, Institutional Advancement | $555,209 | $0 | $4,000 | $0 | $7,813 | $0 | $40,290 | $0 | $10,775 | $0 | $618,087 | $0 | $0 | $0 |
| Keith R Christiansen | ||||||||||||||
| Chairman,Euro Painting To 7/21 | $169,557 | $0 | $1,500 | $0 | $383,498 | $0 | $40,290 | $0 | $12,127 | $0 | $606,972 | $0 | $0 | $0 |
| Jameson Kelleher | ||||||||||||||
| SVP, Fin & Ops, CFO, Treasurer | $531,735 | $0 | $4,000 | $0 | $1,146 | $0 | $40,290 | $0 | $11,412 | $0 | $588,583 | $0 | $0 | $0 |
| Sharon H Cott | ||||||||||||||
| SVP, Secretary & Gen. Counsel | $487,672 | $0 | $4,000 | $0 | $7,357 | $0 | $40,290 | $0 | $24,164 | $0 | $563,483 | $0 | $0 | $0 |
| Quincy Houghton | ||||||||||||||
| Deputy Dir for Exhibitions | $385,363 | $0 | $4,000 | $0 | $3,577 | $0 | $40,290 | $0 | $23,188 | $0 | $456,418 | $0 | $0 | $0 |
| Kenneth Weine | ||||||||||||||
| VP Ex. Affairs/Chief Comms Off | $371,910 | $0 | $4,000 | $0 | $3,524 | $0 | $31,900 | $0 | $23,985 | $0 | $435,319 | $0 | $0 | $0 |
| Stephen Martin Mannello | ||||||||||||||
| GMM & Head of Retail | $354,730 | $0 | $4,000 | $0 | $3,501 | $0 | $30,584 | $0 | $23,974 | $0 | $416,789 | $0 | $0 | $0 |
| Jhaelen Hernandez Eli | ||||||||||||||
| Head of Construction | $355,077 | $0 | $4,000 | $0 | $724 | $0 | $31,900 | $0 | $21,144 | $0 | $412,845 | $0 | $0 | $0 |
| Andrea Bayer | ||||||||||||||
| Deputy Dir, Collections/Admin | $337,749 | $0 | $4,000 | $0 | $4,855 | $0 | $38,874 | $0 | $23,817 | $0 | $409,295 | $0 | $0 | $0 |
| Stephen A Manzi | ||||||||||||||
| Chief Dev Off, Indiv Giving | $327,132 | $0 | $4,000 | $0 | $4,955 | $0 | $38,147 | $0 | $23,847 | $0 | $398,081 | $0 | $0 | $0 |
| Inka Drogemuller | ||||||||||||||
| Dep Dir Digital/Edu/Pub/Lbrary | $340,056 | $0 | $4,000 | $0 | $1,677 | $0 | $31,108 | $0 | $9,866 | $0 | $386,707 | $0 | $0 | $0 |
| Steven R Ryan | ||||||||||||||
| Chief Technology Officer | $313,313 | $0 | $4,000 | $0 | $3,076 | $0 | $35,741 | $0 | $23,513 | $0 | $379,643 | $0 | $0 | $0 |
| Douglas C Hegley | ||||||||||||||
| Chief Digital Officer | $313,379 | $0 | $4,000 | $0 | $4,539 | $0 | $24,837 | $0 | $22,952 | $0 | $369,707 | $0 | $0 | $0 |
| Jeanette Brizel | ||||||||||||||
| Chief HR Officer | $251,755 | $0 | $2,500 | $0 | $2,742 | $0 | $28,276 | $0 | $7,393 | $0 | $292,666 | $0 | $0 | $0 |
| Allison Rutledge-Parisi | ||||||||||||||
| VP Chief HR Officer to 1/21 | $50,953 | $0 | $0 | $0 | $229,661 | $0 | $9,062 | $0 | $205 | $0 | $289,881 | $0 | $0 | $0 |
| Laurel Britton | ||||||||||||||
| SVP, Revenue & Ops. to 2/21 | $90,437 | $0 | $0 | $0 | $84,582 | $0 | $21,036 | $0 | $447 | $0 | $196,502 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 1A | PERSONAL HOUSING - FOR CALENDAR YEAR 2021, THE MUSEUM PROVIDED A HOUSING ALLOWANCE TO THE PRESIDENT AND CHIEF EXECUTIVE OFFICER, DANIEL WEISS AND TO THE DIRECTOR, MAX HOLLEIN. THESE ALLOWANCES WERE TREATED AS TAXABLE COMPENSATION. |
| SCHEDULE J, PART I, LINE 4B | THE FOLLOWING PERSONS PARTICIPATED IN OR RECEIVED PAYMENTS FROM A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN IN CALENDAR YEAR 2021: DANIEL WEISS - $108,171 MAX HOLLEIN - $127,935 |
| SCHEDULE J, PART I, LINE 7 | PURSUANT TO THE MUSEUM'S INCENTIVE COMPENSATION PLAN FOR INVESTMENT STAFF, SENIOR VICE PRESIDENT AND CHIEF INVESTMENT OFFICER, LAUREN MESERVE, RECEIVED A BONUS PAYMENT OF $789,206, WHICH IS INCLUDED IN SCHEDULE J, PART II COLUMN B. |
| SCHEDULE J, PART II, COLUMN (C) | COLUMN (C) INCLUDES DEFERRED COMPENSATION AS FOLLOWS: A BONUS PAYMENT FOR LAUREN MESERVE OF $336,574. THIS DEFERRED COMPENSATION MAY BE FORFEITED IF THE RECIPIENT LEAVES THE MUSEUM'S EMPLOYMENT BEFORE IT IS PAID. THE EXACT AMOUNT IS SUBJECT TO ADJUSTMENT BASED ON THE PERFORMANCE OF THE ENDOWMENT FUND. |
| SCHEDULE J, PART 1, LINE 4A | IN CALENDAR YEAR 2021, ALLISON RUTLEDGE-PARISI RECEIVED A SEVERANCE PAYMENT OF $197,953, AND KEITH R. CHRISTIANSEN RECEIVED A PAYMENT OF $238,500 IN CONJUNCTION WITH HIS PARTICIPATION IN THE MUSEUM'S VOLUNTARY RETIREMENT PROGRAM. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY | ||||||||
| A | 911882413 | 649717NP6 | 2006-12-01 | $65,000,000 | PARTIAL FUNDING OF CAPITAL PROJECT | false | false | false |
| Trust for Cultural Resources of the City of NY | ||||||||
| B | 911882413 | 649717NQ4 | 2006-12-01 | $65,000,000 | PARTIAL FUNDING OF CAPITAL PROJECT | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $65,000,000 | $0 | $0 | $0 | $795,690 | $0 | $0 | $64,204,310 | $0 | $0 | false | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $65,000,000 | $0 | $0 | $0 | $795,690 | $0 | $0 | $64,204,310 | $0 | $0 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | Yes (true) | false | 0 | false | false | false | Yes (true) |
| B | false | false | Yes (true) | Yes (true) | false | 0 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Exception To RebateExceptionToRebateInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||
| A | false | Yes (true) | Yes (true) | false | false | 0 | false | Yes (true) |
| 0 | ||||||||
| B | false | Yes (true) | Yes (true) | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule K, Part III. Lines 4-6, Private Business and Unrelated Use | FormAndLineReferenceDesc |
| Explanation | THE MUSEUM PERFORMS A DETAILED PRIVATE BUSINESS AND UNRELATED USE CALCULATION. THE MUSEUM CALCULATED ITS PRIVATE BUSINESS AND UNRELATED USE FOR THE FISCAL YEAR ENDED JUNE 30, 2022 TO BE NEARLY 0% IN TAX EXEMPT BOND-FINANCED SPACE. THIS ANALYSIS EXCLUDES COST OF ISSUANCE. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 266 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp |
Art Fractional Interest ArtFractionalInterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 7 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books And Publications | BooksAndPublicationsGrp | |
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 147 | ContributionCnt |
| Noncash Contributions Rpt F990 | $8,089,887 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Mkt Value- Gift Date | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | PERMISSIONS | Desc |
| Contribution | 12 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,540,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MKT VALUE- GIFT DATE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 73 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
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| SCHEDULE M, PART I, COLUMN (B) | THE AMOUNTS SHOWN IN PART I, COLUMN (B) FOR "NUMBER OF CONTRIBUTIONS" REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS AND NOT NECESSARILY THE TOTAL NUMBER OF ITEMS CONTRIBUTED. |
| USE OF THIRD PARTIES - FORM 990, SCHEDULE M, PART I, LINE 32B | The Museum may, from time to time, sell art works acquired as non-cash contributions through third parties such as public auction houses, private dealers, or individuals. In each case, the Museum enters into a contract or agreement with the third party conducting or participating in the sale and adheres to its own published policy regarding such sales as well as applicable IRS laws and standards of accounting. |
| NON-REVENUE CONTRIBUTIONS - FORM 990, SCHEDULE M, PART I, LINE 33 | In accordance with FASB's SFAS 116, the Museum does not treat donations of property of the types described in Part I of Schedule M as revenue or capitalize its collections because they are used to support its non-profit educational mission, and, should the property be sold, generally, proceeds from such sale would be used solely to acquire other items for the collection. These accounting standards are also endorsed by the American Alliance of Museums and the Association of Art Museum Directors (AAMD), of which organizations the Museum is a member. Notwithstanding the foregoing, for a limited period of time, the Museum adopted temporary guidelines promulgated by AAMD, in recognition of the impact of the COVID-19 crisis on art museums, that permitted art museums, on a temporary basis until April 10, 2022, to use the proceeds from the sale of art for the direct care of a museum's collection (in addition to for the purchase of art). These temporary guidelines were adopted on March 2, 2021 and expired on April 10, 2022; accordingly, as of April 11, 2022, the Museum is permitted to use the proceeds from the sale of art only for the purchase of art. |
| SCHEDULE M, PART I, LINE 25 | The Metropolitan Museum of Art embarked on the ambitious project of producing a print portfolio that would both celebrate the Museum's 150th anniversary as well as reflect its role as a global cultural institution. To create this seminal collection, a select group of twelve international artists with deep ties to the Museum each made a limited-edition print and granted the Museum permission to reproduce and sell each print on a limited basis in this portfolio. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (14 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
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| FORM 990, PART III - PROGRAM SERVICES | MISSION AND ACCOMPLISHMENTS The Metropolitan Museum of Art was founded on April 13, 1870, with a statement of purpose that has guided it for over 150 years: "to be located in the City of New York, for the purpose of establishing and maintaining in said city a Museum and library of art, of encouraging and developing the study of the fine arts, and the application of arts to manufacture and practical life, of advancing the general knowledge of kindred subjects, and, to that end, of furnishing popular instruction." The Met is devoted to a universal collection of art in the service of the public. During the 2022 strategic-planning process, the need for an updated, more inclusive and welcoming mission statement with a more tightly articulated expression of that purpose became apparent. To that end, on May 10, 2022, the Trustees of The Metropolitan Museum of Art reaffirmed the above statement of purpose and supplemented it with the following statement of mission: "The Metropolitan Museum of Art collects, studies, conserves, and presents significant works of art across time and cultures in order to connect all people to creativity, knowledge, ideas, and one another." In fiscal year 2022, following a historically turbulent period across all areas -- financial, structural, and societal -- The Metropolitan Museum of Art demonstrated that it is not only an institution of great resilience but also one of tremendous vision and forward momentum. It was a landmark year, with The Met demonstrating both excellence and a profound sense of its mission across a range of accomplishments. We introduced multiple initiatives featuring increased interdisciplinary presentations of works that provide new, multifaceted narratives and interpretations of art and history, and also launched several major transformative capital projects -- a full reimagining of our Modern Wing; a reenvisioning of the Michael C. Rockefeller Wing, which houses the Museum's collections of art from sub-Saharan Africa, Oceania, and the ancient Americas; and renovating the Ancient Near Eastern and Cypriot Art Galleries. We made, and continue to make, significant progress on our commitment to equity and diversity. We also approved a new Strategic Plan in May. The five-year plan, described below, seeks to advance the Museum's mission in new directions while honoring our historic commitments to scholarship, education, conservation, public service, and one another. As we enter a new fiscal year, we remain vigilant in response to the ongoing pandemic and are benefiting from unprecedented financial support for the Museum. A spirit of innovation is evident across all of our programming and, most importantly, every day we welcome visitors with joy both on-site and virtually. We are in a strong place operationally -- poised to make key investments in our workforce, infrastructure, and capital projects -- with momentum in advancing a new and exciting programmatic vision informed by an unparalleled collection spanning 5,000 years of creativity, growing visitation, and prudent financial management. The last two years have demonstrated humanity's profound global interdependence. The Met's global reach may serve to underscore those connections across time and geography, and we look to the future with a renewed sense of purpose and a deepened commitment to The Met's core mission of service to our local communities and to the larger world. STRATEGIC PLAN Our new Strategic Plan for 2022-27 articulates a vision of what it means to become a universal art museum with inclusivity as a core strength of our collections and a primary objective in our work. It defines six goals, supported by strategies and priority initiatives, that will help us realize that vision: 1) Build a universally relevant institution that connects to contemporary audiences and reaffirm our commitment to scholarship; 2) Increase and promote the Museum's global presence; 3) Deepen the Museum's relationship with local communities; 4) Strengthen The Met as a professional community and workplace; 5) Enhance the presentation, protection, and preservation of the collection; and 6) Maintain sustainable approaches to financial management, operations, and facilities. The plan re-flects input and feedback from the Museum's staff, who played a significant role in formulating our five core values: Respect -- Engage one another with collegiality, empathy, and kindness, always; Inclusivity -- Ensure that all are and feel welcome and valued; Collaboration -- Reach across boundaries to exchange ideas and work together toward our shared mission; Excellence -- Lead the cultural world in quality and expertise, and inspire curiosity and creativity; and Integrity -- Hold ourselves to the highest moral standards, admit when we fall short, and then evolve. The Museum's new Strategic Plan renews our focus on the permanent collection with opportunities to display, connect, and contextualize these works in more complex, multifaceted, and engaging ways, and captures our aim to balance our ambition with empathy as well as our commitment to the present with the goal of being sustainable across generations. The strategies and initiatives it outlines will be the focus of our activity over the next five years. Much of the work is already under way while other initiatives are phased and will be carried out over a longer time horizon. The initiatives will be supported by resources drawn from our existing budgets and new funds. ON-SITE ATTENDANCE In fiscal year 2022, the Museum made steady and significant progress toward regaining the high visitor levels it experienced pre-COVID, when The Met saw record annual attendance in fiscal year 2019, with over 5.3 million ticketed visitors (at The Met Fifth Avenue and The Met Cloisters). In fiscal year 2021, after closing for several months and then greatly limiting attendance with fewer open days and hours, we welcomed 1.2 million ticketed visitors. This past fiscal year, despite several more COVID waves, continued travel restrictions, and a range of other external challenges, Museum attendance more than doubled compared to fiscal year 2021, to 2.9 million ticketed visitors (including 180,000 at The Met Cloisters). The Met historically is one of New York's most visited tourist attractions for domestic and international audiences, and this year, after two years of reduced international and domestic tourism, visitor categories --international, domestic, tristate, and local -- began returning to pre-pandemic proportions, driven primarily by strong recovery in domestic tourism but also notable recovery in international tourism. This year, local visitors made up 42 percent of our attendance, compared to 39 percent pre-COVID; tristate visitors made up 13 percent, compared to 11 percent pre-COVID; domestic visitors (outside the tristate area) 32 percent, compared to 22 percent; and international visitors 13 percent, compared to 28 percent. A further milestone in our recovery, in September 2021 we increased our open days from five to six, adding Tuesday, and resumed Friday and Saturday evening hours. Through our Date Night at The Met initiative, which features informal gallery chats, live music, drink specials, and more, our weekend evening attendance significantly increased, even exceeding pre-pandemic levels on many days. |
| FORM 990, PART III - PROGRAM SERVICES | COLLECTION AND ACQUISITIONS Spanning more than 5,000 years of creativity, the Museum's permanent collection is the heart of The Met. Our world-class programming, both in the galleries and virtually, depends on a collection that can speak to the broadest possible audience through new connections that we make between our objects and the issues of our time. In fiscal year 2022, we enhanced The Met collection through a number of key acquisitions that will allow us to elevate work by underrepresented artists, deepen our holdings, and present more diverse narratives. Key acquisitions included: the vast archive of the renowned American photographer James Van Der Zee (1886-1983) -- some 20,000 prints, 30,000 negatives, studio equipment, and ephemera -- through a landmark partnership with The Studio Museum of Harlem; for the Department of Modern and Contemporary Art, a significant portrait, titled Uncle Bob, by Archibald Motley, Jr. (1891-1981), a key, Chicago-based figure integral to the Harlem Renaissance of the 1920s-1940s; for the American Wing and our new Native arts program, a Yup'ik mask from about 1900, made of wood, pigment, and vegetal fiber, and depicting the artist's vision of the universe; for the Department of Drawings and Prints, an important work by the Norwegian artist Edvard Munch (1863-1944), an early study, Night in Saint-Cloud that dates from a transformational two-year period during which the artist lived and trained in France; for the Department of European Sculpture and Decorative Arts, an extremely rare bronze roundel, with its original gilding and silver inlay, attributed to the goldsmith-sculptor Gian Marco Cavalli (ca. 1454-after 1508) and produced within the refined culture of the Northern Italian Gonzaga court in Mantua; for the Department of Asian Art, a rare Tibetan painting from the early 15th century depicting the Buddhist protective deity Vaishravana, a premier guardian of Buddhist law and a protector of riches as well as a complex deity who embodies many strands of Buddhist thought and belief; and for the Department of European Paintings, an exceptional painting titled The Agony in the Garden, by Nicolas Poussin (1594-1665), a French artist who changed the course of European painting and set the terms for subsequent generations of artists, which brings The Met's holdings of paintings by Poussin to seven, making it the largest and most comprehensive collection of his work outside Europe. EXHIBITIONS AND PUBLICATIONS In a year that demonstrated The Met's distinctive resilience, as well as the continued innovation and ambition behind our programming overall, our exhibition team mounted 31 exhibitions and installations, ranging from small collection-focused presentations to major international loan shows. The lineup featured diverse subject matter and themes, multiple viewpoints, and new connections both across cultures and across our collection. Many of the year's presentations were model examples of what only The Met can do. The following exhibitions were among the highlights in fiscal year 2022: The New Woman Behind the Camera; Selections from the Department of Drawings and Prints: Revolution, Resistance, and Activism; Companions in Solitude: Reclusion and Communion in Chinese Art; Jules Tavernier and the Elem Pomo; Spain, 1000-1200: Art at the Frontiers of Faith; In America: A Lexicon of Fashion; Surrealism Beyond Borders; Before Yesterday We Could Fly: An Afrofuturist Period Room; Gifts from the Fire: American Ceramics from the Collection of Martin Eidelberg; Modern Times: British Prints, 1913-1939; Cruel Radiance: Photography, 1940s-1960s; Alter Egos | Projected Selves; Inspiring Walt Disney: The Animation of French Decorative Arts; Shell and Resin: Korean Mother-of-Pearl and Lacquer; The African Origin of Civilization; Charles Ray: Figure Ground; Jacques Louis David: Radical Draftsman; In the Orbit of Jacques Louis David: Selections from the Department of Drawings and Prints; Amar Kanwar: "The Lightning Testimonies Fictions of Emancipation: Carpeaux Recast; Samurai Splendor: Sword Fittings from Edo Japan; Winslow Homer: Crosscurrents; Louise Bourgeois: Paintings; In Amer-ica: An Anthology of Fashion; Kimono Style: The John C. Weber Collection; Water Memories; and Art Work: Artists Working at The Met. European Masterpieces from The Metropolitan Museum of Art traveled to two venues in Japan: the Osaka City Museum of Fine Arts (November 13, 2021-January 16, 2022) and The National Art Center, Tokyo (February 9-May 30, 2022). The Publications and Editorial Department saw excellent recovery in fiscal year 2022, with a pre-pandemic-level output of 21 new titles and several reprints. Among these were 12 exhibition catalogues, notably including the highly acclaimed Surrealism Beyond Borders; Inspiring Walt Disney, which went into two printings; and Winslow Homer: Crosscurrents. The department also published the long-awaited collection catalogue Italian Renaissance and Baroque Bronzes in the Metropolitan Museum of Art, available as a free digital publication through the department's online platform, MetPublications, which now provides free remote access to over 1,700 Met books and articles. And we released the annual Metropolitan Museum Journal and four issues of the Bulletin, including Before Yesterday We Could Fly: An Afrofuturist Period Room, which featured the Museum's first specially commissioned graphic novel. |
| FORM 990, PART III - PROGRAM SERVICES | DIGITAL - CONTENT, PARTNERSHIPS, AND SOCIAL MEDIA Expanding our global reach through engaging digital content and virtual programming is an indispensable part of our work, and our achievements in this area in fiscal year 2022 underscore the Museum's readiness to continue to find new ways to incorporate digital tools and state-of-the-art technology into all of our programming. The Museum's website ended the fiscal year with over 28 million visits, of which nearly 12 million were international users. The Perspectives content hub -- with virtual gallery tours and exhibition openings, event videos, and Close Look articles -- saw over 1 million visitors in fiscal year 2022. In January, we launched a new series, Spotlight, that features new examinations of a single work of art from The Met collection and that visitors can encounter both onsite and online. The Museum's program of virtual exhibition tours continued to grow, with nine video tours drawing over half a million views during fiscal year 2022. The first season of #MetKids Microscope launched in August 2021 with six episodes. Through kid-geared animated videos, it looked engagingly at the science behind the art. The series had over 100,000 views on YouTube and was also an official nominee for a Webby award. We also launched two new podcast series. Frame of Mind debuted in February 2022 and explores connections between art and wellness from a range of individual experiences and perspectives over 11 episodes. The second, Immaterial, launched in May and explores how the materials used to make art can yield insights about the larger world. Both podcasts are available for free on The Met's website and on demand across all major podcast platforms. A new web-based feature that allows visitors to use their smartphones to listen to Audio Guide content related to The Met collection debuted in August 2021. With an easy-to-use interface, it gives our onsite visitors easier access to audio content and more control over their listening experience. In fiscal year 2022, we produced Audio Guides for several major exhibitions. For Black History Month, the Museum partnered with Google Arts & Culture to promote the long-term installation Before Yesterday We Could Fly: An Afrofuturist Period Room on their platform. It included an exhibition tour and 11 artist videos, along with other media. We also continued our partnership with the Wikimedia Foundation. Use of the Museum's public domain images across Wikipedia continues to grow, with over 25 million page views per month of articles that feature images from The Met collection. With continued growth on our social media channels, including on TikTok and among our 32 departmental Instagram accounts, we remain the second-most followed museum in the world, with more than 11 million followers. This fiscal year we expanded to include a range of new partnerships and offerings, including: a four-part series with the irreverent medieval satirist Greedy Peasant; a five-month collaboration with the Studio Museum to showcase the James Van Der Zee archive; and smaller, one-off partnerships with the Public Art Fund, New York City Ballet, and other peer institutions. In spring 2021, The Met partnered with TikTok to go live for International Museum Day and we continue to expand our short-form video program. Other ongoing priorities include uplifting the perspectives of Deaf and Disabled artists through our #MetAccess series as well as showcasing living artists as part of the Museum's heritage month programming and in relation to exhibitions. These efforts included a 12-part video interview series with artists featured in the Afrofuturist period room installation. The Museum's email marketing channel now reaches over 2.5 million people, up from just over 2 million last year, and continues to be a highly effective means to share exhibition, education, press, retail, membership, and development messages as well as digital content. This year, our email messages featured and uplifted more diverse voices, content, and events during heritage months and throughout the year. EDUCATION In a year marked by shifting COVID-19 health and safety protocols and the need to be nimble, our Education Department presented a wide range of virtual events as well as in-person and hybrid programming. In fiscal year 2022, 8,930 onsite events drew 152,822 visitors, while 6,603 online and hybrid events engaged 694,487 people worldwide. After nearly a year of all-virtual programming, in October 2021 we hosted MetFest, our first-ever Museum-wide block party with programming both outside and inside The Met Fifth Avenue. Originally conceived to mark the Museum's 150th anniversary in spring 2020, the daylong event was reimagined as a community-centered festival to signal the vibrancy of museums and cultural institutions for New Yorkers. A multidepartment collaboration with over 120 performances, gallery and behind-the-scenes tours, staff talks, and art-making and interactive activities, it drew nearly 20,000 visitors of all ages and abilities, with over 15,000 joining online. Other large-scale annual events, including Lunar New Year Festival, Garden Day at The Met Cloisters, and Museum Mile Festival, drew almost 6,500 in person and over 30,200 online. Regular in-person programs also resumed in fall 2021, including public tours of The Met collection and a new series of drop-in, informal gallery chats. We also welcomed the return of our international fellows, with 66 scholars from 19 different countries joining us to engage in research and projects in 25 departments across the Museum. The Met is equally dedicated to serving as a cultural and social hub for young people, and last spring we welcomed over 2,600 teens back onsite for the annual Museum-wide Teens Take The Met! event for an evening of performances, interactive conversations, art-making activities, and more. For families with younger children, we expanded onsite creativity and art-making opportunities through three semesters of Children's Classes per year and new weeklong school-break camps. Following last year's drive to fully fund undergraduate and graduate internships, thereby removing financial barriers to students' participation in order to diversify and develop the museum field, this year we focused on further diversifying the high school internship cohort by trying to reach students in New York City and the tristate area with the most need. As a result, 96 percent of our high school interns attended public schools across the City, the highest we have seen in recent years. We also made our fellowship application process more equitable and inclusive by developing a more considered and transparent system of evaluation to accommodate those with nontraditional backgrounds. Our ongoing community outreach and engagement efforts this year included the publication of The Power of Many: A Collaborative's Journey toward Social Justice and Creative Practice, cowritten by a cohort of professionals drawn from the Collaborative for Creative Practice and Social Justice, a group of 21 arts and culture organizations across New York City, including The Met, who work toward social justice through a variety of arts-based practices. Collaborating with artists is critical to our audience engagement. Through our Civic Practice Partnership we continued to connect ambitious collaborative social justice-oriented art projects with New York City communities. In fiscal year 2022, Miguel Luciano, Civic Practice Partnership Artist in Residence for 2017-21, culminated his residency that focused on researching the historic connections between The Met and the East Harlem community with a block party celebrating his exhibition Cem-Libre at Hope Community Inc.'s Galera del Barrio. |
| FORM 990, PART III - PROGRAM SERVICES | The year saw a number of panels, talks, and symposia that presented important perspectives on exhibitions and The Met collection, as well as made connections to relevant contemporary issues. A talk with New York University's Kwame Anthony Appiah, Professor of Philosophy and Law, focused on the complex interactions between cultural heritage and questions of identity, memory, and community in various African nations, where new spaces highlight the relationship between place, memorialization, and time. A panel in conjunction with the exhibition Winslow Homer: Crosscurrents featured scholars and artists discussing Homer's iconic painting The Gulf Stream and its intersecting themes of race, politics, and environment in the context of the Atlantic world. A virtual two-day symposium related to the exhibition Surrealism Beyond Borders featured leading scholars and artists exploring how the "movement" of Surrealism should be reconsidered across boundaries of geography and chronology rather than examined primarily from a Western European perspective. In conjunction with Fictions of Emancipation: Carpeaux Recast, a panel of scholars investigated Western sculpture in relation to the histories of transatlantic slavery, colonialism, and empire in a daylong hybrid symposium, and Education partnered with the Departments of European Sculpture and Decorative Arts, Design, and Publications and Editorial to develop a reflection space in the exhibition where visitors could engage with the research and provide responses. And last spring, our fellows shared their research with the public in a reimagined series of virtual and onsite sessions called Research Out Loud that reached over 1,500 in 43 countries and also featured gallery talks and a musical performance. Collaborations that focused on alternative ways of learning included, with the Department of Scientific Research, Sniffing Out the Art: Exploring the Role of Olfaction in Museums, an interactive virtual seminar with international guest speakers that explored the olfactory heritage in museum scholarship, display, and interpretation; and a Lunch and Learn series of professional training webinars with guest speakers to inform our work with young people. The year also included a sustained focus on health and wellness. Leading voices in healthcare, cultural organizations, government, and the United Nations were part of a hybrid symposium The Met presented with World Health Organization (WHO) Arts and Health Program in partnership with New York University, Johns Hopkins University, and various health and research organizations. It explored how vital the arts are to our physical, mental, and social health and reached an in-person and online audience of over 7,500. In addition, we prioritized a Social and Emotional Learning (SEL) skill development project to improve resilience and connectedness in NYC District 75 schools that meet the needs of students with significant disabilities; published Social and Emotional Learning Through Art: Lessons for the Classroom, centered on the virtual art-based workshops we implemented in spring 2021 with Met teaching artists and teachers and students in five such schools; and published an online educator resource with 30 lessons built on primary SEL competencies and based on The Met collection. In continued support of senior adults, in partnership with Citymeals on Wheels we distributed five new thematic Your Met Art Box packages based on The Met collection to 1,500 meal recipients and their Friendly Visiting Volunteers. The Museum's reputation as a vital resource for teaching, training, and learning at all levels was bolstered in fiscal year 2022 with over 64,600 K-12 teachers and students nationwide taking part in 5,580 virtual and 6,498 in-person guided tours of The Met collection, and 45,249 in self-guided tours. In addition, 2,817 teachers and school leaders participated in programs focused on integrating art into the classroom. In the area of multidisciplinary art learning, this year we also launched MetSTEAM, an initiative to integrate science, technology, engineering, arts, and math concepts into the Museum's educational programming. In collaboration with the Scientific Research, Conservation, Imaging, and Digital Departments, as well as partner institutions with established STEM and STEAM programs, we engaged in research and pilot activity to determine curricular needs. As part of this work, which included focus groups with teachers and school administrators, we offered The Art and Science of Materials, a three-part pilot educator. LIVE ARTS As concert stages reopened, MetLiveArts returned with live performances while continuing to produce free, accessible, and high-impact digital content for audiences near and far. Programming for fiscal year 2022 spanned genres, formats, and centuries, and several MetLiveArts productions received high praise from critics, including actor Gavin Creel's performance in October 2021 of an original song cycle, Walk on Through, and Heartbeat Opera's novel take on Beethoven's only opera, Fidelio, in February 2022. There were several world premieres, including a series of four new choreographic creations by 2020-21 Artist in Residence Bijayini Satpathy (who culminates her residency in fiscal year 2023); Life Returns, an evening-length work of musical fusion by composer-saxophonist Matthew Evan Taylor; and a world premiere from Estonian composer Arvo Prt in the Temple of Dendur. MetLiveArts also presented several gallery-based performances, including a two-day event at The Met Cloisters by The Clarion Choir and Orchestra that featured multiple performances across The Met Cloisters galleries, public spaces, and gardens. In June, we presented a concert honoring the diverse musical traditions of Ukraine, with all concert proceeds going to Ukrainian museums and museum workers. The year in MetLiveArts also featured rich programming for Black History Month, Asian American and Pacific Islander Heritage Month, and Pride Month. CONSERVATION AND RESEARCH The Museum's curatorial programs are supported by numerous services and resources. The Departments of Paintings, Paper, Objects, Textile, and Photographs Conservation along with Scientific Research prepare and review every artwork selected for an exhibition or loan. The Met's conservation effort ranks with the best of the world's major museums. The Thomas J. Watson library houses valuable research material available to the staff and public for curatorial, education, and publication projects, and our rigorous collection efforts go hand in hand with our work to deepen and disseminate knowledge across a breadth of disciplines. The Museum's Thomas J. Watson Library also made great strides this year, expanding and promoting access to the library's collection of scholarly material by or featuring underrepresented and marginalized artists and artistic traditions. The Library was also awarded a National Endowment for the Humanities Grant to assess, expand, and promote access to the library's collection of publications by and about Indigenous American, Hispanic American/Latino(a/x), and Asian American/Pacific Islander artists. The Library saw 8,268 visits by outside researchers in fiscal year 2022 and registered 1,716 new outside researchers. The Museum libraries circulated 41,523 items to readers and continued to digitize rare collection materials, both printed and manuscript, and to make them available online, averaging 185,974 hits per month. |
| CAPITAL PROJECTS | The Museum's Construction Department had an extremely busy year, with numerous capital projects in active construction and design phase and others in the planning stage. Our vision for the Oscar L. Tang and H.M. Agnes Hsu-Tang Wing -- a full reimagining of our modern and contemporary art galleries -- will be realized by Mexico City-based architect Frida Escobedo, who was selected following a comprehensive international search. Early concept planning is now under way for the new wing, which will encompass 80,000 square feet of galleries and public space. Renovation of the Michael C. Rockefeller Wing -- our project to reenvision how we display the Museum's collections of the art of sub-Saharan Africa, Oceania, and the ancient Americas -- is also fully under way following the closure of the wing in summer 2021. The galleries are now demolished and our design team of Beyer Blinder Belle as executive architect and WHY Architecture as design architect continue to oversee the project. The new galleries are expected to open in early 2025. Announced in February 2022, the project to completely renovate our galleries for Ancient Near Eastern and Cypriot Art will introduce an innovative and forward-thinking approach to presenting art from a vast region that includes ancient Iraq, Iran, Turkey, Syria, the Eastern Mediterranean coast, Yemen, and Central Asia. The Museum selected the Boston-based architectural firm NADAAA, led by principal designer Nader Tehrani, for the 15,000-square-foot project, which will also include spaces for discourse and discussion. Deinstallation of the galleries began in August 2022 and construction is expected to begin in late 2023, with the new galleries scheduled to open in 2025. The Museum also announced this year a redesign of the children's education space in the Nolen Library. Called the 81st Street Studio, the reimagined space will provide children ages 3 to 11 and their caregivers with dynamic drop-in experiences that encourage making, investigation, critical thinking, and more. The new space is expected to open in summer 2023. Phase two of the European Paintings Galleries Skylights Project saw significant progress this year, following the completion of the project's first phase in December 2020. Construction on the remaining galleries is substantially complete and will soon be handed over to the Department of European Paintings for art installation. The galleries will open to the public in November 2023. Upgrades to the Museum's electrical and mechanical infrastructure also continue throughout the campus, including the completion of significant upgrades to our air quality in response to the COVID-19 pandemic and extensive electrical upgrades that are nearing completion. |
| FORM 990, PART VI, LINE 1A - VOTING RIGHTS | GOVERNING BODY DELEGATED AUTHORITY IN ACCORDANCE WITH THE MUSEUM'S BY-LAWS, THE EXECUTIVE COMMITTEE HAS THE RIGHT TO EXERCISE ALL THE POWERS OF THE BOARD OF TRUSTEES DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES OTHER THAN THE POWERS TO (A) FILL VACANCIES IN THE BOARD OF TRUSTEES OR IN ANY COMMITTEE; (B) AMEND OR REPEAL THE BY-LAWS OR ADOPT NEW BY-LAWS; (C) AMEND OR REPEAL ANY RESOLUTION OF THE BOARD OF TRUSTEES WHICH BY ITS TERMS SHALL NOT BE SO AMENDABLE OR REPEALABLE; (D) ELECT OR REMOVE TRUSTEES OR OFFICERS; (E) APPROVE A MERGER OR PLAN OF DISSOLUTION; (F) ADOPT A RESOLUTION AUTHORIZING ACTION ON THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL THE ASSETS OF THE MUSEUM; OR (G) APPROVE AMENDMENTS TO THE CHARTER. |
| FORM 990, PART VI, LINE 2 - FAMILY OR BUSINESS RELATIONSHIP | THE FOLLOWING TRUSTEES OF THE MUSEUM HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER: (A) JAMES BREYER AND HAMILTON JAMES, AND (B) BLAIR EFFRON AND SACHA LAINOVIC. |
| FORM 990, PART VI, LINE 6 - MEMBERS OF THE ORGANIZATION | GOVERNING BODY AND MANAGEMENT THE MUSEUM DOES NOT HAVE "MEMBERS" AS SUCH TERM IS DEFINED IN THE INSTRUCTIONS TO FORM 990. HOWEVER, THE MUSEUM USES THE TERM "MEMBERS" IN CONNECTION WITH DUES, FEES, GOODS, BENEFITS, PRIVILEGES AND SERVICES AS ESTABLISHED BY THE MUSEUM FROM TIME TO TIME. |
| FORM 990, PART VI, LINE 11B - REVIEW PROCESS | PROCESS THE ORGANIZATION USES TO REVIEW THE FORM 990 THE MUSEUM'S FORM 990, INCLUDING REQUIRED SCHEDULES AND SUPPORTING DOCUMENTATION, IS INITIALLY COMPILED BY THE MUSEUM'S FINANCE DEPARTMENT PRIMARILY RELYING ON THE MUSEUM'S GENERAL LEDGER, AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL SYSTEMS. THE MUSEUM'S CONTROLLER, CHIEF FINANCIAL OFFICER, AND GENERAL COUNSEL PARTICIPATE IN A SERIES OF DETAILED REVIEWS OF THE FORM 990. THE FORM 990 IS ALSO REVIEWED BY THE MUSEUM'S SENIOR MANAGEMENT, INCLUDING THE MUSEUM'S PRESIDENT AND DIRECTOR, AND THE AUDIT COMMITTEE OF THE MUSEUM'S BOARD OF TRUSTEES. A COMPLETE COPY IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. THE MUSEUM'S EXTERNAL TAX ADVISORS FILE THE FORM 990 ELECTRONICALLY WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, LINE 12C - CONFLICT OF INTEREST | THE MUSEUM REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY REQUIRING ONGOING DISCLOSURE OF POTENTIAL CONFLICTS, REVIEW OF SUCH DISCLOSURES, AND RECUSAL BY CONFLICTED INDIVIDUALS WHEN WARRANTED. SPECIFICALLY, ON AN ANNUAL BASIS, THE MUSEUM SEEKS TO ENSURE COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY SENDING RELEVANT WRITTEN POLICIES TO SENIOR STAFF, TRUSTEES AND ADVISORY MEMBERS OF COMMITTEES OF THE BOARD OF TRUSTEES. EACH POLICY IS SENT WITH A STATEMENT, WHICH MUST BE COMPLETED, SIGNED AND RETURNED TO THE MUSEUM'S GENERAL COUNSEL. THE STATEMENT REQUIRES EACH INDIVIDUAL TO CONFIRM THAT HE OR SHE HAS (I) RECEIVED A COPY OF THE POLICY, (II) READ AND UNDERSTOOD THE POLICY AND (III) AGREES TO COMPLY WITH THE POLICY. THE INDIVIDUAL IS ALSO ASKED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST THAT HE OR SHE OR A MEMBER OF HIS OR HER FAMILY, OR AN ENTITY IN WHICH ANY OF THEM HAVE A MATERIAL OWNERSHIP INTEREST, MAY HAVE. THE STATEMENTS ARE COMPLETED AND RETURNED TO THE GENERAL COUNSEL'S OFFICE. WHEN POTENTIAL CONFLICTS ARISE, THEY ARE INITIALLY EVALUATED BY THE GENERAL COUNSEL WITH THE ASSISTANCE OF OUTSIDE LEGAL COUNSEL IF NECESSARY. ACTUAL CONFLICTS OF INTEREST ARE RESOLVED IN CONSULTATION WITH THE MUSEUM'S PRESIDENT AND DIRECTOR (FOR STAFF) AND THE CHAIRMAN OF THE BOARD OF TRUSTEES AND THE LEGAL COMMITTEE OF THE MUSEUM'S BOARD (FOR TRUSTEES, INCLUDING THE DIRECTOR AND THE PRESIDENT). IF AN ACTUAL CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION. A SUMMARY OF THE POTENTIAL CONFLICTS OF INTEREST DISCLOSED BY THE TRUSTEES IS PRESENTED TO THE AUDIT COMMITTEE EACH YEAR. A SUMMARY OF THE POTENTIAL CONFLICTS OF INTEREST DISCLOSED BY SENIOR STAFF IS PRESENTED TO THE PRESIDENT AND THE DIRECTOR EACH YEAR. |
| FORM 990, PART VI, LINES 15A AND 15B - COMPENSATION REVIEW PROCESS | THE COMPENSATION COMMITTEE ("THE COMMITTEE") OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR OVERSIGHT OF COMPENSATION AND BENEFITS PROGRAMS FOR THE MUSEUM'S OFFICERS, AND FOR ENSURING THAT THE COMPENSATION POLICIES OF THE MUSEUM ARE CONSISTENT WITH AND IN SUPPORT OF THE MUSEUM'S MISSION, VALUES AND LONG-TERM GOALS. THE INTENT OF THE COMMITTEE IS TO PROVIDE A TOTAL COMPENSATION PROGRAM FOR THE OFFICERS THAT PROMOTES THE MUSEUM'S LONG-TERM OBJECTIVES, AND IS REASONABLE, APPROPRIATE, AND FAIR. ANNUALLY, AN INDEPENDENT COMPENSATION CONSULTANT AND THE COMMITTEE REVIEW THE TOTAL COMPENSATION OF EACH OFFICER OF THE MUSEUM. COMPENSATION DECISIONS ARE MADE WITH REFERENCE TO COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE ROLES AT SIMILARLY SITUATED ORGANIZATIONS PRESENTED BY THE INDEPENDENT COMPENSATION CONSULTANT. THE COMMITTEE ALSO CONSIDERS OTHER RELEVANT FACTORS IN DETERMINING COMPENSATION, INCLUDING THE MUSEUM'S MISSION AND GOALS, THE PERFORMANCE OF EACH OFFICER, AND THE MARKET FOR EXECUTIVE TALENT. THE COMMITTEE COMPLIES WITH THE "REBUTTABLE PRESUMPTION" PROCEDURES FOR DETERMINING THAT COMPENSATION IS REASONABLE UNDER INTERNAL REVENUE CODE SECTION 4958. DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARRANGEMENTS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MEETING MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 - GOVERNING DOCUMENTS | PUBLIC AVAILABILITY OF OTHER DOCUMENTS THE MUSEUM'S AUDITED FINANCIAL STATEMENTS ARE INCLUDED IN THE MUSEUM'S ANNUAL REPORT, WHICH IS MADE AVAILABLE TO THE PUBLIC ON THE MUSEUM'S WEBSITE. THE MUSEUM MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. |
| PART XI, LINE 9, OTHER CHANGES IN NET ASSETS | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS (2,614,831) UNREALIZED GAINS AND LOSSES ON 2015 BOND PROCEEDS 12,723,987 NET RECLASSIFICATIONS, FEES, AND OTHER (149,951) PENSION - RELATED CHANGES OTHER THAN NPPC 67,851,659 CHANGE IN FAIR VALUE OF INTEREST RATE EXCHANGE AGREEMENTS 18,011,955 PARTNERSHIP UBIT (21,196,731) ------------ TOTAL 74,626,088 |
| FORM 990, PART VII | DANIEL WEISS WAS AN EX-OFFICIO TRUSTEE DURING CALENDAR YEAR 2021. MAX HOLLEIN WAS AN EX-OFFICIO TRUSTEE DURING CALENDAR YEAR 2021. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jayne Wrightsman Trust | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S Dearborn IL1-0111 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 367746339 | EIN |
| Primary Activities | Met Support | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Exempt Code Section | 501(c)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 12A, Type I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Met Museum | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (true) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUSTS (24) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | TRUST | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | TRUST | EntityTypeTxt |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |