STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-02-15T11:45:22-06:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PricewaterhouseCoopers LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1655 NEW YORK AVENUE NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN131624086EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1METROPOLITAN MUSEUM OF ARTBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% CONTROLLER'S OFFICEInCareOfNm
Business Name ControlMETRBusinessNameControlTxt
Phone2128795500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 FIFTH AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100280198ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMESON KELLEHERPersonNm
Person TitleSVP, CFO & TREASURERPersonTitleTxt
Phone6464713000PhoneNum
Signature2023-02-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJAMESONPersonFirstNm
Person LastKELLEHERPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTRAVIS L PATTONPreparerPersonNm
PTINP00369623PTIN
Phone2024141000PhoneNum
Preparation2023-02-14PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-03-07 01:45:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDaniel WeissPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 FIFTH AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100280198ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,578,344,848GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.METMUSEUM.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1870FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE 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 Body49VotingMembersGoverningBodyCnt
Voting Members Independent47VotingMembersIndependentCnt
Total Employee2079TotalEmployeeCnt
Total Volunteers1013TotalVolunteersCnt
Total Gross UBI$21,864,394TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$194,219,691PYContributionsGrantsAmt
CY Contributions Grants$307,540,922CYContributionsGrantsAmt
PY Program Service Revenue$4,435,800PYProgramServiceRevenueAmt
CY Program Service Revenue$11,654,821CYProgramServiceRevenueAmt
PY Investment Income$339,535,830PYInvestmentIncomeAmt
CY Investment Income$296,595,264CYInvestmentIncomeAmt
PY Other Revenue-$1,711,304PYOtherRevenueAmt
CY Other Revenue$37,710,917CYOtherRevenueAmt
PY Total Revenue$536,480,017PYTotalRevenueAmt
CY Total Revenue$653,501,924CYTotalRevenueAmt
PY Grants And Similar Paid$2,530,654PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,056,780CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$194,512,715PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$194,153,216CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$120,968CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$17,662,331CYTotalFundraisingExpenseAmt
PY Other Expenses$171,934,461PYOtherExpensesAmt
CY Other Expenses$221,425,905CYOtherExpensesAmt
PY Total Expenses$368,977,830PYTotalExpensesAmt
CY Total Expenses$418,756,869CYTotalExpensesAmt
PY Revenues Less Expenses$167,502,187PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$234,745,055CYRevenuesLessExpensesAmt
Total Assets BOY$5,588,554,992TotalAssetsBOYAmt
Total Assets EOY$5,373,900,476TotalAssetsEOYAmt
Total Liabilities BOY$748,554,727TotalLiabilitiesBOYAmt
Total Liabilities EOY$655,417,711TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,840,000,265NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,718,482,765NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE 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 SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$143,057,386ExpenseAmt
Grant$3,056,780GrantAmt
Revenue$10,330,727RevenueAmt
DescCURATORIAL 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 INFORMATIONDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$74,431,649ExpenseAmt
Revenue$44,017,692RevenueAmt
DescACQUISITIONS AND SALES OF ART - SEE SCHEDULE O FOR MORE INFORMATIONDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$17,663,215ExpenseAmt
Revenue$768,464RevenueAmt
DescEDUCATION PROGRAMS AND MUSEUM LIBRARIES - SEE SCHEDULE O FOR MORE INFORMATIONDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)

ExpenseExpenseAmtDescDescRevenueRevenueAmt
$15,412,352OPERATING SERVICES
$15,179,926SPECIAL EXHIBITIONS
$5,547,128ALL OTHER SUPPORT SERVICES-$554,071
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$36,139,406TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue-$554,071TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$271,291,656TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document634IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee2079EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryEGForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (true)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members49GoverningBodyVotingMembersCnt
Independent Voting Member47IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCONTROLLER'S OFFICEPersonNm
Phone2128795500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 FIFTH AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100280198ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (75 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndKey EmployeeKeyEmployeeInd
Lauren A Meserve
SVP & Chief Investment Officer35.00.0Yes (X)$1,491,038$0$387,555
Daniel H Weiss
President, CEO, Ex-Off. Truste35.00.0Yes (X)$1,365,424$0$64,856Yes (X)
Max Hollein
Marina Kellen French Director35.00.0Yes (X)$1,329,783$0$55,990Yes (X)
Clyde B Jones III
SVP, Institutional Advancement35.00.0Yes (X)$567,022$0$51,065
Keith R Christiansen
Chairman,Euro Painting To 7/2135.00.0$554,555$0$52,417Yes (X)
Jameson Kelleher
SVP, Fin & Ops, CFO, Treasurer35.00.0Yes (X)$536,881$0$51,702
Sharon H Cott
SVP, Secretary & Gen. Counsel35.00.0Yes (X)$499,029$0$64,454
Quincy Houghton
Deputy Dir for Exhibitions35.00.0Yes (X)$392,940$0$63,478
Kenneth Weine
VP Ex. Affairs/Chief Comms Off35.00.0Yes (X)$379,434$0$55,885
Stephen Martin Mannello
GMM & Head of Retail35.00.0$362,231$0$54,558Yes (X)
Jhaelen Hernandez Eli
Head of Construction35.00.0$359,801$0$53,044Yes (X)
Andrea Bayer
Deputy Dir, Collections/Admin35.00.0Yes (X)$346,604$0$62,691
Stephen A Manzi
Chief Dev Off, Indiv Giving35.00.0$336,087$0$61,994Yes (X)
Inka Drogemuller
Dep Dir Digital/Edu/Pub/Lbrary35.00.0Yes (X)$345,733$0$40,974
Steven R Ryan
Chief Technology Officer35.00.0$320,389$0$59,254Yes (X)
Douglas C Hegley
Chief Digital Officer35.00.0$321,918$0$47,789Yes (X)
Jeanette Brizel
Chief HR Officer35.00.0$256,997$0$35,669Yes (X)
Allison Rutledge-Parisi
VP Chief HR Officer to 1/2135.00.0$280,614$0$9,267Yes (X)
Laurel Britton
SVP, Revenue & Ops. to 2/2135.00.0$175,019$0$21,483Yes (X)
Candace K Beinecke
Elective Trustee & Co-Chair5.00.0Yes (X)$0$0$0Yes (X)
Hamilton E James
Elective Trustee & Co-Chair5.00.0Yes (X)$0$0$0Yes (X)
Richard L Chilton Jr
Elective Trustee & Vice Chair2.00.0Yes (X)$0$0$0Yes (X)
Charles N Atkins
Elective Trustee1.00.0$0$0$0Yes (X)
Debra Black
Elective Trustee1.00.0$0$0$0Yes (X)
Samantha Boardman
Elective Trustee2.00.0$0$0$0Yes (X)
James Breyer
Elective Trustee1.00.0$0$0$0Yes (X)
Daniel Brodsky
Elective Trustee To 9/211.00.0$0$0$0Yes (X)
Ursula Burns
Elective Trustee1.00.0$0$0$0Yes (X)
Wellington Z Chen
Elective Trustee1.00.0$0$0$0Yes (X)
N Anthony Coles
Elective Trustee2.00.0$0$0$0Yes (X)
Stephen M Cutler
Elective Trustee2.00.0$0$0$0Yes (X)
Blair Effron
Elective Trustee2.00.0$0$0$0Yes (X)
Mark Fisch
Elective Trustee2.00.0$0$0$0Yes (X)
Colvin W Grannum
Elective Trustee2.00.0$0$0$0Yes (X)
Jeffrey W Greenberg
Elective Trustee2.00.0$0$0$0Yes (X)
Amy Griffin
Elective Trustee1.00.0$0$0$0Yes (X)
Caroline Diamond Harrison
Elective Trustee1.00.0$0$0$0Yes (X)
J Tomilson Hill
Elective Trustee1.00.0$0$0$0Yes (X)
Jeff Himmelman
Elective Trustee1.00.0$0$0$0Yes (X)
Ming Chu Hsu
Elective Trustee1.00.0$0$0$0Yes (X)
Michael ByungJu Kim
Elective Trustee1.00.0$0$0$0Yes (X)
Sacha Lainovic
Elective Trustee2.00.0$0$0$0Yes (X)
Philip F Maritz
Elective Trustee2.00.0$0$0$0Yes (X)
Howard Marks
Elective Trustee to 9/212.00.0$0$0$0Yes (X)
Catie Marron
Elective Trustee1.00.0$0$0$0Yes (X)
Bijan Mossavar-Rahmani
Elective Trustee2.00.0$0$0$0Yes (X)
Dasha Zhukova Niarchos
Elective Trustee1.00.0$0$0$0Yes (X)
Jeffrey M Peek
Elective Trustee2.00.0$0$0$0Yes (X)
Gina Peterson
Elective Trustee1.00.0$0$0$0Yes (X)
Edward N Pick
Elective Trustee1.00.0$0$0$0Yes (X)
John Pritzker
Elective Trustee1.00.0$0$0$0Yes (X)
Sir Paul Ruddock
Elective Trustee1.00.0$0$0$0Yes (X)
Alejandro Santo Domingo
Elective Trustee2.00.0$0$0$0Yes (X)
Andrew M Saul
Elective Trustee1.00.0$0$0$0Yes (X)
Karen Patton Seymour
Elective Trustee1.00.0$0$0$0Yes (X)
Andrew Solomon
Elective Trustee1.00.0$0$0$0Yes (X)
Beatrice Stern
Elective Trustee1.00.0$0$0$0Yes (X)
Gaby Sulzberger
Elective Trustee1.00.0$0$0$0Yes (X)
Ann G Tenenbaum
Elective Trustee1.00.0$0$0$0Yes (X)
Merryl H Tisch
Elective Trustee1.00.0$0$0$0Yes (X)
Mathew M Wambua
Elective Trustee2.00.0$0$0$0Yes (X)
David S Winter
Elective Trustee1.00.0$0$0$0Yes (X)
Dame Anna Wintour
Elective Trustee1.00.0$0$0$0Yes (X)
Bill de Blasio
Ex-Officio Trustee to 12/211.00.0$0$0$0Yes (X)
Corey Johnson
Ex-Officio Trustee to 12/211.00.0$0$0$0Yes (X)
Gonzalo Casals
Ex-Officio Trustee to 3/221.00.0$0$0$0Yes (X)
Scott Stringer
Ex-Officio Trustee to 12/211.00.0$0$0$0Yes (X)
Mitchell J Silver
Ex-Officio Trustee to 7/211.00.0$0$0$0Yes (X)
Margaret Nelson
Ex-Officio Trustee 8/21 - 9/211.00.0$0$0$0Yes (X)
Gabrielle Fialkoff
Ex-Officio Trustee9/21 - 12/211.00.0$0$0$0Yes (X)
Susan Donoghue
Ex-Officio Trustee as of 1/221.00.0$0$0$0Yes (X)
Eric Adams
Ex-Officio Trustee as of 1/221.00.0$0$0$0Yes (X)
Adrienne Adams
Ex-Officio Trustee as of 1/221.00.0$0$0$0Yes (X)
Laurie Cumbo
Ex-Officio Trustee as of 3/221.00.0$0$0$0Yes (X)
Brad Lander
Ex-Officio Trustee as of 1/221.00.0$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$10,221,499TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,294,125TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K358IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SKANSKA USA BUILDING INC
389 Interpace Parkway 5th FlPARSIPPANYNJ07054Construction Manager$26,866,765
SHAWMUT DESIGN AND CONSTRUCTION
506 Harrison AvenueBOSTONMA02118Construction Manager$2,373,182
BEYER BLINDER BELLE ARCHITECTS
120 BroadwayNEW YORKNY10271ARCHITECTURE SERVICE$4,347,191
Atrium Staffing LLC
625 Liberty Ave Suite 200PITTSBURGHPA15222TEMPORARY STAFFING$1,271,691
SEIBOLD SECURITY INC
12 AQEDUCT STREETROCHESTERNY14614Security Systems$1,278,599
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K55CntrctRcvdGreaterThan100KCnt
Membership Dues$26,169,520MembershipDuesAmt
Fundraising$41,560,706FundraisingAmt
Government Grants$21,060,909GovernmentGrantsAmt
All Other Contributions$218,749,787AllOtherContributionsAmt
Noncash Contributions$11,629,887NoncashContributionsAmt
Total Contributions$307,540,922TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
EDUCATIONAL PRGMS, CONCERTS & LECTURES532000$11,599,023$11,599,023
PHOTO RENTALS & FILM FEES532000$55,798$55,798
FieldValueIRS element (for citing)
Total Program Service Revenue$11,654,821TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$54,477,434TotalRevenueColumnAmt
Unrelated Business Revenue$21,196,731UnrelatedBusinessRevenueAmt
Exclusion$33,280,703ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,790TotalRevenueColumnAmt
Exclusion$14,790ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,118,116,750SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$875,998,920SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$242,117,830SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$242,117,830TotalRevenueColumnAmt
Exclusion$242,117,830ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$987,608FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$41,560,706ContriRptFundraisingEventAmt
Fundraising Direct Expenses$11,345,899FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$10,358,291TotalRevenueColumnAmt
Exclusion-$10,358,291ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$37,130,636GrossSalesOfInventoryAmt
Cost Of Goods Sold$37,498,105CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$367,469TotalRevenueColumnAmt
Related Or Exempt Func Income-$979,334RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$611,865UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PARKING GARAGE812930$2,431,046$2,431,046
RESTAURANT722511$1,972,688$1,972,688
PROCEEDS FROM SALE OF ART900099$44,017,692$44,017,692

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$461TotalRevenueColumnAmt
Related Or Exempt Func Income$461RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$48,421,887OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$653,501,924TotalRevenueColumnAmt
Related Or Exempt Func Income$54,637,842RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$21,864,394UnrelatedBusinessRevenueAmt
Exclusion$269,458,766ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$3,011,529TotalAmt
Program Services$3,011,529ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$45,251TotalAmt
Program Services$45,251ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$10,221,499TotalAmt
Program Services$2,969,615ProgramServicesAmt
Management And General$5,969,341ManagementAndGeneralAmt
Fundraising$1,282,543FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$121,142,689TotalAmt
Program Services$60,812,311ProgramServicesAmt
Management And General$53,322,967ManagementAndGeneralAmt
Fundraising$7,007,411FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,889,396TotalAmt
Program Services$1,394,973ProgramServicesAmt
Management And General$1,303,350ManagementAndGeneralAmt
Fundraising$191,073FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$50,969,237TotalAmt
Program Services$23,941,923ProgramServicesAmt
Management And General$23,791,051ManagementAndGeneralAmt
Fundraising$3,236,263FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$8,930,395TotalAmt
Program Services$4,311,509ProgramServicesAmt
Management And General$4,028,327ManagementAndGeneralAmt
Fundraising$590,559FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,520,064TotalAmt
Program Services$106,702ProgramServicesAmt
Management And General$1,400,862ManagementAndGeneralAmt
Fundraising$12,500FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$271,241TotalAmt
Management And General$271,241ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$73,962TotalAmt
Fundraising$73,962FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$120,968TotalAmt
Fundraising$120,968FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$10,842,868TotalAmt
Management And General$10,842,868ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$12,456,198TotalAmt
Program Services$11,473,606ProgramServicesAmt
Management And General$241,343ManagementAndGeneralAmt
Fundraising$741,249FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$7,073,296TotalAmt
Program Services$742,879ProgramServicesAmt
Management And General$3,866,521ManagementAndGeneralAmt
Fundraising$2,463,896FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$20,103,692TotalAmt
Program Services$14,755,736ProgramServicesAmt
Management And General$4,751,563ManagementAndGeneralAmt
Fundraising$596,393FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,730,253TotalAmt
Program Services$1,055,628ProgramServicesAmt
Management And General$3,494,570ManagementAndGeneralAmt
Fundraising$180,055FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,876,225TotalAmt
Program Services$2,540,716ProgramServicesAmt
Management And General$3,335,119ManagementAndGeneralAmt
Fundraising$390FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,499,293TotalAmt
Program Services$1,273,044ProgramServicesAmt
Management And General$141,931ManagementAndGeneralAmt
Fundraising$84,318FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$332,721TotalAmt
Program Services$202,212ProgramServicesAmt
Management And General$94,414ManagementAndGeneralAmt
Fundraising$36,095FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$13,000,355TotalAmt
Program Services$10,385,608ProgramServicesAmt
Management And General$2,438,281ManagementAndGeneralAmt
Fundraising$176,466FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$48,168,753TotalAmt
Program Services$42,978,890ProgramServicesAmt
Management And General$4,999,133ManagementAndGeneralAmt
Fundraising$190,730FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,716,189TotalAmt
Program Services$850,602ProgramServicesAmt
Management And General$865,587ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
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

FieldValueIRS element (for citing)
Total$1,737,439TotalAmt
Program Services$41,521ProgramServicesAmt
Management And General$1,695,892ManagementAndGeneralAmt
Fundraising$26FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$418,756,869TotalAmt
Program Services$271,291,656ProgramServicesAmt
Management And General$129,802,882ManagementAndGeneralAmt
Fundraising$17,662,331FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$41,261,138BOYAmt
EOY$68,754,668EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$145,804,192BOYAmt
EOY$151,726,397EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,833,160BOYAmt
EOY$6,099,391EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$5,052,707BOYAmt
EOY$9,431,661EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,734,662BOYAmt
EOY$5,783,720EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,286,269,909LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$906,584,491LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$369,704,361BOYAmt
EOY$379,685,418EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,363,947,067BOYAmt
EOY$2,893,307,068EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,593,650,696BOYAmt
EOY$1,814,448,391EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$51,567,009BOYAmt
EOY$44,663,762EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,588,554,992BOYAmt
EOY$5,373,900,476EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$90,861,179BOYAmt
EOY$90,769,668EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$14,512,859BOYAmt
EOY$6,889,177EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$168,818,467BOYAmt
EOY$150,806,512EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$9,417,277BOYAmt
EOY$14,817,156EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$247,645,365BOYAmt
EOY$247,751,691EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$217,299,580BOYAmt
EOY$144,383,507EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$748,554,727BOYAmt
EOY$655,417,711EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,354,620,135BOYAmt
EOY$1,328,483,721EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,485,380,130BOYAmt
EOY$3,389,999,044EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,840,000,265BOYAmt
EOY$4,718,482,765EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,588,554,992BOYAmt
EOY$5,373,900,476EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$234,745,055ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$430,888,643NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$74,626,088OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$279,348,687CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$343,470,192CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$245,041,493CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$194,219,691CurrentTaxYearMinus1YearAmt
Current Tax Year$307,540,922CurrentTaxYearAmt
Total$1,369,620,985TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$17,908,833CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$16,194,609CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,685,720CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,711,126CurrentTaxYearMinus1YearAmt
Current Tax Year$12,725,626CurrentTaxYearAmt
Total$74,225,914TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$297,257,520CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$359,664,801CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$259,727,213CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$206,930,817CurrentTaxYearMinus1YearAmt
Current Tax Year$320,266,548CurrentTaxYearAmt
Total$1,443,846,899TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$113,643,363SubstantialContributorsTotAmt
Public Support Total170$1,330,203,536PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$44,924,524CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$45,146,385CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$50,863,902CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$36,502,901CurrentTaxYearMinus1YearAmt
Current Tax Year$33,295,493CurrentTaxYearAmt
Total$210,733,205TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$1,654,580,104TotalSupportAmt
Gross Receipts Rltd Activities$312,635,487GrossReceiptsRltdActivitiesAmt
Public Support CY1700.80395PublicSupportCY170Pct
Public Support PY1700.79026PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$17,066FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$265,080FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$282,146FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$467,318,727FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$467,600,873FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt
Affiliated Group Total$0AffiliatedGroupTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$1,000,000CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$1,000,000CurrentYearMinus1Amt
Current Year$1,000,000CurrentYearAmt
Total$4,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$6,000,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$321,647CurrentYearMinus3Amt
Current Year Minus2$313,323CurrentYearMinus2Amt
Current Year Minus1$381,179CurrentYearMinus1Amt
Current Year$282,146CurrentYearAmt
Total$1,298,295TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$250,000CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$250,000CurrentYearMinus1Amt
Current Year$250,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,500,000GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$18,759CurrentYearMinus3Amt
Current Year Minus2$19,000CurrentYearMinus2Amt
Current Year Minus1$27,036CurrentYearMinus1Amt
Current Year$17,066CurrentYearAmt
Total$81,861TotalAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,348,589,376BeginningYearBalanceAmt
Contributions$34,311,991ContributionsAmt
Investment Earnings Or Losses-$174,720,844InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,368,476GrantsOrScholarshipsAmt
Other Expenditures$131,177,365OtherExpendituresAmt
Administrative Expenses$5,819,384AdministrativeExpensesAmt
End Year Balance$4,067,815,298EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,261,957,741BeginningYearBalanceAmt
Contributions$37,841,684ContributionsAmt
Investment Earnings Or Losses$1,201,381,824InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,031,628GrantsOrScholarshipsAmt
Other Expenditures$149,560,245OtherExpendituresAmt
End Year Balance$4,348,589,376EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,256,389,064BeginningYearBalanceAmt
Contributions$52,194,550ContributionsAmt
Investment Earnings Or Losses$123,776,925InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,182,733GrantsOrScholarshipsAmt
Other Expenditures$167,220,065OtherExpendituresAmt
End Year Balance$3,261,957,741EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,141,933,837BeginningYearBalanceAmt
Contributions$87,717,708ContributionsAmt
Investment Earnings Or Losses$183,685,830InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,167,736GrantsOrScholarshipsAmt
Other Expenditures$153,780,575OtherExpendituresAmt
End Year Balance$3,256,389,064EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,893,395,137BeginningYearBalanceAmt
Contributions$39,032,474ContributionsAmt
Investment Earnings Or Losses$330,683,094InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,156,563GrantsOrScholarshipsAmt
Other Expenditures$118,020,305OtherExpendituresAmt
End Year Balance$3,141,933,837EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.28370BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.71630PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,015,000OtherCostOrOtherBasisAmt
Book Value$1,015,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$41,918,193OtherCostOrOtherBasisAmt
Depreciation$32,184,632DepreciationAmt
Book Value$9,733,561BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,186,198,587OtherCostOrOtherBasisAmt
Depreciation$827,047,691DepreciationAmt
Book Value$359,150,896BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$57,138,130OtherCostOrOtherBasisAmt
Depreciation$47,352,169DepreciationAmt
Book Value$9,785,961BookValueAmt
FieldValueIRS element (for citing)
Other Land BuildingsOtherLandBuildingsGrp
Total Book Value Land Buildings$379,685,418TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
PRIVATE EQUITY$1,239,395,806F
REAL ASSETS$575,052,585F
FieldValueIRS element (for citing)
Total Book Value Securities$1,814,448,391TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
ANNUITY & SPLIT-INT OBLIGS.$14,484,103
PENSION AND OTHER ACCRUED RTRM$123,481,792
LEASE LIABILITY$6,417,612
FieldValueIRS element (for citing)
Total Liability$144,383,507TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$546,996,507TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$430,888,643NetUnrealizedGainsInvstAmt
Other Revenue$12,769,126OtherRevenueAmt
Revenue Not Reported-$418,119,517RevenueNotReportedAmt
Revenue Subtotal$965,116,024RevenueSubtotalAmt
Other Revenues Not Included-$311,614,100OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$311,614,100RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$653,501,924TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$334,482,370TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$61,613,130OtherExpensesIncludedAmt
Expenses Not Reported$61,613,130ExpensesNotReportedAmt
Expenses Subtotal$272,869,240ExpensesSubtotalAmt
Other Expenses Not Included$145,887,629OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$145,887,629ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$418,756,869TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART III, LINE 1ASFAS 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 4DESCRIPTION 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 & 4INTENDED 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 1AUDITED 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 2DRECONCILING 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 4BRECONCILING 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 2DRECONCILING 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 4BRECONCILING 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

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (11 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
Europe (Including Iceland and Greenland)00Grantmaking$45,251
Europe (Including Iceland and Greenland)00Program Services$383,729RESEARCH & EXHIBITIONS
Sub-Saharan Africa00Program Services$42,904RESEARCH & EXHIBITIONS
East Asia and the Pacific00Program Services$154,534RESEARCH & EXHIBITIONS
South Asia00Program Services$53,613RESEARCH & EXHIBITIONS
South America00Program Services$16,855RESEARCH & EXHIBITIONS
Middle East and North Africa00Program Services$93,885RESEARCH & EXHIBITIONS
North America00Program Services$3,100RESEARCH & EXHIBITIONS
Central America and the Caribbean00Investments$1,269,155,386
Europe (Including Iceland and Greenland)00Investments$83,025,192
North America00Investments$2,640,757
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$1,355,615,206SubtotalSpentAmt
Total Spent$1,355,615,206TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceT. Rousseau FellowshipTypeOfAssistanceTxt
RegionEurope (Including Iceland and Greenland)RegionTxt
Recipient2RecipientCnt
Cash Grant$45,251CashGrantAmt
Manner Of Cash DisbursementWIREMannerOfCashDisbursementTxt
Description Of Non Cash AsstN/ADescriptionOfNonCashAsstTxt
Valuation Method UsedN/AValuationMethodUsedDesc
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMONITORING PROCEDURES - FORM 990, SCHEDULE F, PART I, LINE 2FormAndLineReferenceDesc
ExplanationThe 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

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

ActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
InfoCision
TELE- MARKETINGfalse$178,620$80,968$97,652
NGK Global
Consultantsfalse$360,000$40,000$320,000
FieldValueIRS element (for citing)
Total Gross Receipts$538,620TotalGrossReceiptsAmt
Total Retained By Contractors$120,968TotalRetainedByContractorsAmt
Total Net To Organization$417,652TotalNetToOrganizationAmt
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Costume InstituEvent1Nm
Gross Receipts Event1$33,480,743GrossReceiptsEvent1Amt
Charitable Contri Event1$32,862,243CharitableContriEvent1Amt
Gross Revenue Event1$618,500GrossRevenueEvent1Amt
Other Direct Expenses Event1$9,601,069OtherDirectExpensesEvent1Amt
Event2Acquisition FunEvent2Nm
Gross Receipts Event2$3,783,560GrossReceiptsEvent2Amt
Charitable Contri Event2$3,690,560CharitableContriEvent2Amt
Gross Revenue Event2$93,000GrossRevenueEvent2Amt
Other Direct Expenses Event2$254,198OtherDirectExpensesEvent2Amt
Other Events Total7OtherEventsTotalCnt
Gross Receipts Other Events$5,284,011GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$5,007,903CharitableContriOtherEventsAmt
Gross Revenue Other Events$276,108GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$1,490,632OthDirectExpnssOtherEventsAmt
Gross Receipts Total$42,548,314GrossReceiptsTotalAmt
Charitable Contributions Tot$41,560,706CharitableContributionsTotAmt
Gross Revenue Total Events$987,608GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$11,345,899OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$11,345,899DirectExpenseSummaryEventsAmt
Net Income Summary-$10,358,291NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE G, PART II, LINE 11 AND FORM 990, PART VIII, LINE 8FormAndLineReferenceDesc
ExplanationNote 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

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (22 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
The Bothmer Fellowship1$6,917N/AN/A
Sylvan C. and Pam Coleman Memorial Fellowship6$136,583N/AN/A
Chester Dale Fellowship6$150,320N/AN/A
Annette de la Renta Fellowship3$110,958N/AN/A
The Douglass Foundation Fellowship1$39,583N/AN/A
Andrew W. Mellon Art History Fellowship14$365,102N/AN/A
Andrew W. Mellon Conservation Fellowship9$199,834N/AN/A
Andrew W. Mellon Postdoctoral Curatorial Fellowshi2$114,719N/AN/A
Andrew W. Mellon Collection Specialist Fellowship4$202,572N/AN/A
Research Scholarship in Photograph Conservation Fe1$13,083N/AN/A
J.Clawson Mills Fellowship6$103,250N/AN/A
Slifka Foundation Fellowship1$23,334N/AN/A
Hanns Swarzenski and Brigitte Horney Fellowship1$6,916N/AN/A
Jane and Morgan Whitney Fellowship17$509,498N/AN/A
Polaire Weissman Fellowship2$46,500N/AN/A
Leonard A. Lauder Fellowships in Modern Art7$246,611N/AN/A
Mellon Supplemental Fellowship Funds79$495,373N/AN/A
Gerald and May Ritter Memorial Fund Fellowship2$48,167N/AN/A
Vilchek Fellowship1$36,125N/AN/A
Stern Fellowship1$36,125N/AN/A
Eugene V. Thaw Fellowship1$42,042N/AN/A
Sherman Fairchild Foundation Fellowship2$77,917N/AN/A

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMONITORING PROCEDURES - FORM 990, SCHEDULE I, PART I, LINE 2FormAndLineReferenceDesc
ExplanationThe 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

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (19 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp 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 ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE J, PART I, LINE 1APERSONAL 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 4BTHE 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 7PURSUANT 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 4AIN 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 ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY
A911882413649717NP62006-12-01$65,000,000PARTIAL FUNDING OF CAPITAL PROJECTfalsefalsefalse
Trust for Cultural Resources of the City of NY
B911882413649717NQ42006-12-01$65,000,000PARTIAL FUNDING OF CAPITAL PROJECTfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$0$0$65,000,000$0$0$0$795,690$0$0$64,204,310$0$0falsefalseYes (true)Yes (true)
B$0$0$65,000,000$0$0$0$795,690$0$0$64,204,310$0$0falsefalseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalseYes (true)Yes (true)false0falsefalsefalseYes (true)
BfalsefalseYes (true)Yes (true)false0falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndException To RebateExceptionToRebateIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalseYes (true)Yes (true)falsefalse0falseYes (true)
0
BfalseYes (true)Yes (true)falsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule K, Part III. Lines 4-6, Private Business and Unrelated UseFormAndLineReferenceDesc
ExplanationTHE 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

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution266ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp

Art Fractional Interest ArtFractionalInterestGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution7ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
FieldValueIRS element (for citing)
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution147ContributionCnt
Noncash Contributions Rpt F990$8,089,887NoncashContributionsRptF990Amt
Method Of Determining RevenuesMkt Value- Gift DateMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescPERMISSIONSDesc
Contribution12ContributionCnt
Noncash Contributions Rpt F990$3,540,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesMKT VALUE- GIFT DATEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received73Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 32BThe 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 33In 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 25The 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 ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III - PROGRAM SERVICESMISSION 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 SERVICESCOLLECTION 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 SERVICESDIGITAL - 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 SERVICESThe 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 PROJECTSThe 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 RIGHTSGOVERNING 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 RELATIONSHIPTHE 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 ORGANIZATIONGOVERNING 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 PROCESSPROCESS 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 INTERESTTHE 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 PROCESSTHE 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 DOCUMENTSPUBLIC 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 ASSETSCHANGE 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 VIIDANIEL 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

FieldValueIRS element (for citing)
Business Name Line1Jayne Wrightsman TrustBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 S Dearborn IL1-0111AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60603ZIPCd
FieldValueIRS element (for citing)
EIN367746339EIN
Primary ActivitiesMet SupportPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Exempt Code Section501(c)(3)ExemptCodeSectionTxt
Public Charity Status12A, Type IPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1Met MuseumBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (true)ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CHARITABLE REMAINDER TRUSTS (24)BusinessNameLine1Txt
FieldValueIRS element (for citing)
Primary ActivitiesTRUSTPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeTRUSTEntityTypeTxt
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd