STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

PEABODY ESSEX MUSEUM INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
PEABODY ESSEX MUSEUM INC (EIN 04-3157815)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-15
IRS object ID
202301359349309900
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)
Return2023-05-15T13:11:11-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263753134PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ MHM LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 BOYLSTON STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043157815EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PEABODY ESSEX MUSEUM INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPEABBusinessNameControlTxt
Phone9787459500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1EAST INDIA SQUAREAddressLine1Txt
CitySALEMCityNm
State AbbreviationMAStateAbbreviationCd
ZIP019703783ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNATHALIE APCHINPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone9787459500PhoneNum
Signature2023-05-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstNATHALIEPersonFirstNm
Person LastAPCHINPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCRAIG KLEINPreparerPersonNm
PTINP00734640PTIN
Phone6177610600PhoneNum
Preparation2023-05-15PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLYNDA ROSCOE HARTIGANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1EAST INDIA SQUAREAddressLine1Txt
CitySALEMCityNm
State AbbreviationMAStateAbbreviationCd
ZIP019703783ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$83,135,664GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PEM.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1992FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTHE MISSION OF THE PEABODY ESSEX MUSEUM IS TO CELEBRATE OUTSTANDING ARTISTIC AND CULTURAL CREATIVITY BY COLLECTING, STEWARDING AND INTERPRETING OBJECTS OF ART AND CULTURE IN WAYS THAT INCREASE KNOWLEDGE, ENRICH THE SPIRIT, ENGAGE THE MIND AND STIMULATE THE SENSES. THROUGH ITS EXHIBITIONS, PROGRAMS, PUBLICATIONS, MEDIA AND RELATED ACTIVITIES, PEM STRIVES TO CREATE EXPERIENCES THAT TRANSFORM PEOPLE'S LIVES BY BROADENING THEIR PERSPECTIVES, ATTITUDES, AND KNOWLEDGE OF THEMSELVES AND THE WIDER WORLD.ActivityOrMissionDesc
Voting Members Governing Body27VotingMembersGoverningBodyCnt
Voting Members Independent27VotingMembersIndependentCnt
Total Employee259TotalEmployeeCnt
Total Volunteers147TotalVolunteersCnt
Total Gross UBI$373,365TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$128,143NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$9,977,640PYContributionsGrantsAmt
CY Contributions Grants$10,853,359CYContributionsGrantsAmt
PY Program Service Revenue$987,815PYProgramServiceRevenueAmt
CY Program Service Revenue$1,838,736CYProgramServiceRevenueAmt
PY Investment Income$46,388,540PYInvestmentIncomeAmt
CY Investment Income$33,186,893CYInvestmentIncomeAmt
PY Other Revenue$639,483PYOtherRevenueAmt
CY Other Revenue$719,630CYOtherRevenueAmt
PY Total Revenue$57,993,478PYTotalRevenueAmt
CY Total Revenue$46,598,618CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$15,873,240PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$16,054,235CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,321,640CYTotalFundraisingExpenseAmt
PY Other Expenses$25,994,523PYOtherExpensesAmt
CY Other Expenses$29,045,333CYOtherExpensesAmt
PY Total Expenses$41,867,763PYTotalExpensesAmt
CY Total Expenses$45,099,568CYTotalExpensesAmt
PY Revenues Less Expenses$16,125,715PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,499,050CYRevenuesLessExpensesAmt
Total Assets BOY$834,878,169TotalAssetsBOYAmt
Total Assets EOY$781,479,714TotalAssetsEOYAmt
Total Liabilities BOY$81,031,323TotalLiabilitiesBOYAmt
Total Liabilities EOY$77,150,402TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$753,846,846NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$704,329,312NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE PEABODY ESSEX MUSEUM IS TO CELEBRATE OUTSTANDING ARTISTIC AND CULTURAL CREATIVITY BY COLLECTING, STEWARDING AND INTERPRETING OBJECTS OF ART AND CULTURE IN WAYS THAT INCREASE KNOWLEDGE, ENRICH THE SPIRIT, ENGAGE THE MIND AND STIMULATE THE SENSES. THROUGH ITS EXHIBITIONS, PROGRAMS, PUBLICATIONS, MEDIA AND RELATED ACTIVITIES, PEM STRIVES TO CREATE EXPERIENCES THAT TRANSFORM PEOPLE'S LIVES BY BROADENING THEIR PERSPECTIVES, ATTITUDES, AND KNOWLEDGE OF THEMSELVES AND THE WIDER WORLD.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$12,950,730ExpenseAmt
Revenue$1,579,654RevenueAmt
DescEXHIBITIONS AND PUBLICATIONS: SEE SCHEDULE O.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$15,349,502ExpenseAmt
Revenue$3,838RevenueAmt
DescCURATORIAL AND COLLECTIONS: SEE SCHEDULE O.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$2,184,455ExpenseAmt
Revenue$47,093RevenueAmt
DescEDUCATION: SEE SCHEDULE O.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$5,703,684ExpenseAmt
Revenue$893,042RevenueAmt
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$5,703,684TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$893,042TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$36,188,371TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document126IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee259EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members27GoverningBodyVotingMembersCnt
Independent Voting Member27IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNATHALIE APCHINPersonNm
Phone9787459500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PEABODY ESSEX MUSEUM EAST INDIAAddressLine1Txt
CitySALEMCityNm
State AbbreviationMAStateAbbreviationCd
ZIP019703783ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
JEFFREY BEALE
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
CLEMENT BENENSON
TRUSTEE1.00Yes (X)$0$0$0
STEPHANIE BENENSON
TRUSTEE1.00Yes (X)$0$0$0
JENNIFER BORGGAARD
SECRETARY2.00Yes (X)Yes (X)$0$0$0
C RICHARD CARLSON
TREASURER2.00Yes (X)Yes (X)$0$0$0
ALFRED CHANDLER III
TRUSTEE1.00Yes (X)$0$0$0
ANA B COLMENERO
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
JAMES HAWKES
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
ANDREW HEISKELL
TRUSTEE1.00Yes (X)$0$0$0
TIMOTHY INGRAHAM
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
ELIZABETH DE MONTRICHARD
TRUSTEE1.00Yes (X)$0$0$0
KATE O'NEIL
TRUSTEE1.00Yes (X)$0$0$0
JANE PAPPALARDO
TRUSTEE1.00Yes (X)$0$0$0
SMITA ADMIN PATEL
TRUSTEE1.00Yes (X)$0$0$0
SUNITA PEREIRA MD
TRUSTEE1.00Yes (X)$0$0$0
STUART PRATT
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
AUSTIN SHAPARD
TRUSTEE1.00Yes (X)$0$0$0
ROBERT SHAPIRO
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
JURRIEN TIMMER
TRUSTEE1.00Yes (X)$0$0$0
GAIL VON METZSCH
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
CATHERINE CREIGHTON
TRUSTEE1.00Yes (X)$0$0$0
BRENDA FURLONG
TRUSTEE1.00Yes (X)$0$0$0
SAMUEL BYRNE
TRUSTEE (UNTIL 06/30/22)1.00Yes (X)$0$0$0
TINA AMBANI
TRUSTEE (UNTIL 06/30/22)1.00Yes (X)$0$0$0
CARLA HERWITZ
TRUSTEE (UNTIL 06/30/22)1.00Yes (X)$0$0$0
JEFFREY RAYPORT
TRUSTEE (UNTIL 06/30/22)1.00Yes (X)$0$0$0
MOLLY RYAN
TRUSTEE (UNTIL 06/30/22)1.00Yes (X)$0$0$0
LYNDA ROSCOE HARTIGAN
EXECUTIVE DIRECTOR40.00Yes (X)$298,079$0$32,548
NATHALIE G APCHIN
CFO40.00Yes (X)$283,369$0$50,135
ROBERT M MONK
CHIEF OPERATING OFFICER40.00Yes (X)$260,606$0$58,435
AMANDA CLARK MACMULLAN
CHIEF PHILANTHROPY OFFICER40.00$377,038$0$39,456Yes (X)
DEREK C O'BRIEN
CHIEF MARKETING OFFICER40.00$173,177$0$11,687Yes (X)
JOHN D CHILDS
DIRECTOR OF COLLECTIONS40.00$171,879$0$21,904Yes (X)
PETRA S SLINKARD
DIRECTOR OF CURATORIAL AFFAIRS40.00$171,879$0$21,904Yes (X)
SIDDHARTHA V SHAH
DIRECTOR OF EDUCATION & CIVIC ENGMT.40.00$171,748$0$22,165Yes (X)
BRIAN KENNEDY
FORMER EXECUTIVE DIRECTOR0.00$736,955$0$0Yes (X)
DAN MONROE
FORMER EXEC DIR/CONSULTANT IN 20218.00$450,000$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,094,730TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$258,234TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K29IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CAMBRIDGE ASSOCIATES LLC
125 HIGH STREETBOSTONMA02110INVESTMENTS CONSULTING$1,071,761
SCHWARTZ HANNUM PC
11 CHESTNUT STREETANDOVERMA01810LEGAL SERVICES$113,415
WINDSOR CONSERVATION
85 PINE STREETDOVERMA02030CONSERVATION SERVICES$106,834
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Membership Dues$838,988MembershipDuesAmt
Fundraising$464,701FundraisingAmt
Government Grants$1,914,160GovernmentGrantsAmt
All Other Contributions$7,635,510AllOtherContributionsAmt
Noncash Contributions$1,627,693NoncashContributionsAmt
Total Contributions$10,853,359TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMISSIONS900099$1,545,986$1,545,986
FUNCTIONS900099$198,972$198,972
TRAVELING EXHIBITIONS900099$47,093$47,093
OTHER PROGRAM REVENUE900099$24,185$24,185
EDUCATION PROGRAM REV.900099$22,500$22,500
FieldValueIRS element (for citing)
Total Program Service Revenue$1,838,736TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,026,545TotalRevenueColumnAmt
Unrelated Business Revenue$343,557UnrelatedBusinessRevenueAmt
Exclusion$1,682,988ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,047TotalRevenueColumnAmt
Exclusion$9,047ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$69,775RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$16,979RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$52,796RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$52,796TotalRevenueColumnAmt
Exclusion$52,796ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$66,892,580SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$35,732,232SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$31,160,348SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$31,160,348TotalRevenueColumnAmt
Exclusion$31,160,348ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$6,600FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$464,701ContriRptFundraisingEventAmt
Fundraising Direct Expenses$278,966FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$272,366TotalRevenueColumnAmt
Exclusion-$272,366ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,108,257GrossSalesOfInventoryAmt
Cost Of Goods Sold$508,869CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$599,388TotalRevenueColumnAmt
Related Or Exempt Func Income$569,580RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$29,808UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISC INVESTMENT INCOMEDesc
Business900099BusinessCd
Total Revenue Column$215,455TotalRevenueColumnAmt
Exclusion$215,455ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$115,310TotalRevenueColumnAmt
Related Or Exempt Func Income$115,310RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$330,765OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$46,598,618TotalRevenueColumnAmt
Related Or Exempt Func Income$2,523,626RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$373,365UnrelatedBusinessRevenueAmt
Exclusion$32,848,268ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,448,245TotalAmt
Management And General$1,075,899ManagementAndGeneralAmt
Fundraising$372,346FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$11,834,189TotalAmt
Program Services$9,364,240ProgramServicesAmt
Management And General$953,477ManagementAndGeneralAmt
Fundraising$1,516,472FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$744,051TotalAmt
Program Services$588,758ProgramServicesAmt
Management And General$59,948ManagementAndGeneralAmt
Fundraising$95,345FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,134,273TotalAmt
Program Services$897,536ProgramServicesAmt
Management And General$91,388ManagementAndGeneralAmt
Fundraising$145,349FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$893,477TotalAmt
Program Services$706,997ProgramServicesAmt
Management And General$71,987ManagementAndGeneralAmt
Fundraising$114,493FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$92,930TotalAmt
Management And General$92,930ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$126,252TotalAmt
Management And General$126,252ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$6,152,164TotalAmt
Program Services$5,367,763ProgramServicesAmt
Management And General$414,656ManagementAndGeneralAmt
Fundraising$369,745FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,844,521TotalAmt
Program Services$2,713,788ProgramServicesAmt
Management And General$840,366ManagementAndGeneralAmt
Fundraising$290,367FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$721,009TotalAmt
Program Services$717,236ProgramServicesAmt
Fundraising$3,773FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$995,780TotalAmt
Program Services$596,785ProgramServicesAmt
Management And General$300,867ManagementAndGeneralAmt
Fundraising$98,128FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,430,137TotalAmt
Program Services$2,430,137ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$238,535TotalAmt
Program Services$194,031ProgramServicesAmt
Management And General$28,600ManagementAndGeneralAmt
Fundraising$15,904FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,450,342TotalAmt
Program Services$2,434,350ProgramServicesAmt
Management And General$15,992ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$8,895,572TotalAmt
Program Services$7,853,569ProgramServicesAmt
Management And General$901,855ManagementAndGeneralAmt
Fundraising$140,148FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$520,786TotalAmt
Program Services$125,199ProgramServicesAmt
Management And General$395,587ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
EXHIBITIONS$805,859$805,859$0$0
COLLECTION ACQUISITIONS$698,402$698,402
HOSPITALITY$229,828$103,814$25,043$100,971
PRINTING AND PUBLICATIO$61,816$61,816

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$781,400TotalAmt
Program Services$528,091ProgramServicesAmt
Management And General$194,710ManagementAndGeneralAmt
Fundraising$58,599FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$45,099,568TotalAmt
Program Services$36,188,371ProgramServicesAmt
Management And General$5,589,557ManagementAndGeneralAmt
Fundraising$3,321,640FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$29,286BOYAmt
EOY$18,737EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$13,697,364BOYAmt
EOY$7,853,469EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,630,380BOYAmt
EOY$5,303,481EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,159,132BOYAmt
EOY$3,002,631EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$300,143BOYAmt
EOY$305,816EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$537,595BOYAmt
EOY$593,992EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$168,010BOYAmt
EOY$221,900EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$297,042,065LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$110,756,355LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$192,803,658BOYAmt
EOY$186,285,710EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$93,656,950BOYAmt
EOY$73,858,752EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$520,533,832BOYAmt
EOY$497,692,065EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,361,819BOYAmt
EOY$6,343,161EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$834,878,169BOYAmt
EOY$781,479,714EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,521,330BOYAmt
EOY$2,857,646EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$176,598BOYAmt
EOY$190,973EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$74,994,431BOYAmt
EOY$71,851,607EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,834,839BOYAmt
EOY$1,749,497EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$504,125BOYAmt
EOY$500,679EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$81,031,323BOYAmt
EOY$77,150,402EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$169,731,507BOYAmt
EOY$166,198,872EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$584,115,339BOYAmt
EOY$538,130,440EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$753,846,846BOYAmt
EOY$704,329,312EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$834,878,169BOYAmt
EOY$781,479,714EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,499,050ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$50,039,625NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$976,959OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)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$9,330,069CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,716,876CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,912,542CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,977,640CurrentTaxYearMinus1YearAmt
Current Tax Year$10,853,359CurrentTaxYearAmt
Total$43,790,486TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,330,069CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,716,876CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,912,542CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,977,640CurrentTaxYearMinus1YearAmt
Current Tax Year$10,853,359CurrentTaxYearAmt
Total$43,790,486TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,378,413SubstantialContributorsTotAmt
Public Support Total170$41,412,073PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,384,109CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,957,391CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,197,898CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,250,628CurrentTaxYearMinus1YearAmt
Current Tax Year$1,761,810CurrentTaxYearAmt
Total$12,551,836TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$755,406CurrentTaxYearMinus3YearsAmt
Total$755,406TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$199,550CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$280,245CurrentTaxYearMinus3YearsAmt
Current Tax Year$222,055CurrentTaxYearAmt
Total$701,850TotalAmt
FieldValueIRS element (for citing)
Total Support$57,799,578TotalSupportAmt
Gross Receipts Rltd Activities$13,367,176GrossReceiptsRltdActivitiesAmt
Public Support CY1700.71650PublicSupportCY170Pct
Public Support PY1700.61300PublicSupportPY170Pct
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 D IRS990ScheduleD

FieldValueIRS element (for citing)
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 Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$564,635,680BeginningYearBalanceAmt
Contributions$2,102,688ContributionsAmt
Investment Earnings Or Losses-$21,600,023InvestmentEarningsOrLossesAmt
Other Expenditures$22,915,182OtherExpendituresAmt
End Year Balance$522,223,163EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$448,748,145BeginningYearBalanceAmt
Contributions$1,912,278ContributionsAmt
Investment Earnings Or Losses$136,248,490InvestmentEarningsOrLossesAmt
Other Expenditures$22,273,233OtherExpendituresAmt
End Year Balance$564,635,680EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$470,644,595BeginningYearBalanceAmt
Contributions$33,850ContributionsAmt
Investment Earnings Or Losses-$10,157,931InvestmentEarningsOrLossesAmt
Other Expenditures$11,772,369OtherExpendituresAmt
End Year Balance$448,748,145EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$426,409,908BeginningYearBalanceAmt
Contributions$292,227ContributionsAmt
Investment Earnings Or Losses$66,060,758InvestmentEarningsOrLossesAmt
Other Expenditures$22,118,298OtherExpendituresAmt
End Year Balance$470,644,595EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$465,297,780BeginningYearBalanceAmt
Contributions$823,591ContributionsAmt
Investment Earnings Or Losses-$20,692,729InvestmentEarningsOrLossesAmt
Other Expenditures$19,018,734OtherExpendituresAmt
End Year Balance$426,409,908EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.02490BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.86990PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.10520TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,581,766OtherCostOrOtherBasisAmt
Book Value$4,581,766BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$264,220,167OtherCostOrOtherBasisAmt
Depreciation$94,322,294DepreciationAmt
Book Value$169,897,873BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$228,638OtherCostOrOtherBasisAmt
Depreciation$228,638DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$18,178,916OtherCostOrOtherBasisAmt
Depreciation$14,511,263DepreciationAmt
Book Value$3,667,653BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,832,578OtherCostOrOtherBasisAmt
Depreciation$1,694,160DepreciationAmt
Book Value$8,138,418BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$186,285,710TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (6 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
DOMESTIC EQUITIES & FUNDS$57,549,680F
INTERNATIONAL EQUITIES & FUNDS$53,741,547F
FIXED INCOME & FUNDS$73,264,069F
ABSOLUTE RETURN HEDGE FUNDS$129,051,735F
REAL ESTATE LIMITED PARTNERSHIPS$11,573,379F
PRIVATE EQUITY$172,511,655F
FieldValueIRS element (for citing)
Total Book Value Securities$497,692,065TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
OBLIGATION UNDER SPLIT-INTEREST AGREEMENTS$367,819
OBLIGATION UNDER LEASE$102,926
ENVIRONMENTAL REMEDIATION LIABILITY$29,934
FieldValueIRS element (for citing)
Total Liability$500,679TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt-$9,663,335TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$50,039,625NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$101,981DonatedServicesAndUseFcltsAmt
Other Revenue-$172,145OtherRevenueAmt
Revenue Not Reported-$50,109,789RevenueNotReportedAmt
Revenue Subtotal$40,446,454RevenueSubtotalAmt
Investment Expenses Not Incld$6,152,164InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$6,152,164RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$46,598,618TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$39,854,199TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$101,981DonatedServicesUseFcltsAmt
Other Expenses Included$804,814OtherExpensesIncludedAmt
Expenses Not Reported$906,795ExpensesNotReportedAmt
Expenses Subtotal$38,947,404ExpensesSubtotalAmt
Investment Expenses Not Incld2$6,152,164InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$6,152,164ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$45,099,568TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. COLLECTION ITEMS PURCHASED ARE FUNDED BY PURPOSE-RESTRICTED GIFTS OR FROM NET APPRECIATION ON ACQUISITION ENDOWMENTS.
PART III, LINE 4:THE PEABODY ESSEX MUSEUM (THE MUSEUM) PRESENTS ART AND CULTURE FROM NEW ENGLAND AND AROUND THE WORLD. THE MUSEUM'S COLLECTIONS ARE AMONG THE FINEST OF THEIR KIND, SHOWCASING AN UNRIVALED SPECTRUM OF AMERICAN ART AND ARCHITECTURE (INCLUDING FOUR NATIONAL HISTORIC LANDMARK BUILDINGS) AND OUTSTANDING ASIAN, ASIAN EXPORT, NATIVE AMERICAN, AFRICAN, OCEANIC, MARITIME, CONTEMPORARY, PHOTOGRAPHY, AND FASHION AND DESIGN COLLECTIONS. IN ADDITION TO ITS VAST COLLECTIONS, THE MUSEUM OFFERS A VIBRANT SCHEDULE OF CHANGING EXHIBITIONS AND A HANDS-ON EDUCATION CENTER. THE MUSEUM CAMPUS FEATURES PARKS, PERIOD GARDENS, AND 24 HISTORIC PROPERTIES, INCLUDING YIN YU TANG, A 200-YEAR-OLD HOUSE THAT IS THE ONLY COMPLETE EXAMPLE OF CHINESE DOMESTIC ARCHITECTURE ON DISPLAY IN THE UNITED STATES.
PART V, LINE 4:TO PROVIDE BOTH GENERAL AND SPECIFIC SUPPORT FOR MUSEUM OPERATIONS.
PART X, LINE 2:THE MUSEUM ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE MUSEUM HAS IDENTIFIED ITS STATUS AS A PUBLICLY SUPPORTED TAX EXEMPT ENTITY AND ITS CLASSIFICATION OF REVENUES AS RELATED OR UNRELATED AS ITS ONLY SIGNIFICANT POSITIONS AND HAS DETERMINED THAT SUCH POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE MUSEUM'S FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THE THREE YEARS AFTER THE DATE OF FILING OF THE RELATED RETURN.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN VALUE OF FUNDS HELD BY OTHERS -976,959. COST OF GOODS SOLD 508,869. BUILDING RENTAL EXPENSES 16,979. FUNDRAISING EXPENSES 278,966.
PART XII, LINE 2D - OTHER ADJUSTMENTS:BUILDING RENTAL EXPENSES 16,979. COST OF GOODS SOLD 508,869. FUNDRAISING EXPENSES 278,966.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE (INCLUDING ICELAND & GREENLAND)00INVESTMENTS$175,830
NORTH AMERICA00INVESTMENTS$6,046,091
CENTRAL AMERICA AND THE CARIBBEAN00INVESTMENTS$194,492,075
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$200,713,996SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$200,713,996TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III ACCOUNTING METHOD:FormAndLineReferenceDesc

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1PEM PRIZEEvent1Nm
Gross Receipts Event1$471,301GrossReceiptsEvent1Amt
Charitable Contri Event1$464,701CharitableContriEvent1Amt
Gross Revenue Event1$6,600GrossRevenueEvent1Amt
Rent Facility Costs Event1$38,961RentFacilityCostsEvent1Amt
Food And Beverage Event1$89,904FoodAndBeverageEvent1Amt
Entertainment Event1$45,000EntertainmentEvent1Amt
Other Direct Expenses Event1$105,101OtherDirectExpensesEvent1Amt
Gross Receipts Total$471,301GrossReceiptsTotalAmt
Charitable Contributions Tot$464,701CharitableContributionsTotAmt
Gross Revenue Total Events$6,600GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$38,961RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$89,904FoodAndBeverageTotalEventsAmt
Entertainment Total Events$45,000EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$105,101OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$278,966DirectExpenseSummaryEventsAmt
Net Income Summary-$272,366NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)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 (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract ExceptionYes (1)InitialContractExceptionInd
Rebuttable Presumption ProcYes (1)RebuttablePresumptionProcInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 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
BRIAN KENNEDY
FORMER EXECUTIVE DIRECTOR$0$0$0$0$736,955$0$0$0$0$0$736,955$0$0$0
DAN MONROE
FORMER EXEC DIR/CONSULTANT IN 2021$450,000$0$0$0$0$0$0$0$0$0$450,000$0$0$0
AMANDA CLARK MACMULLAN
CHIEF PHILANTHROPY OFFICER$377,038$0$0$0$0$0$17,400$0$22,056$0$416,494$0$0$0
NATHALIE G APCHIN
CFO$283,369$0$0$0$0$0$17,400$0$32,735$0$333,504$0$0$0
LYNDA ROSCOE HARTIGAN
EXECUTIVE DIRECTOR$239,498$0$50,000$0$8,581$0$25,442$0$7,106$0$330,627$0$0$0
ROBERT M MONK
CHIEF OPERATING OFFICER$260,606$0$0$0$0$0$36,830$0$21,605$0$319,041$0$0$0
SIDDHARTHA V SHAH
DIRECTOR OF EDUCATION & CIVIC ENGMT.$171,748$0$0$0$0$0$10,742$0$11,423$0$193,913$0$0$0
JOHN D CHILDS
DIRECTOR OF COLLECTIONS$171,879$0$0$0$0$0$10,742$0$11,162$0$193,783$0$0$0
PETRA S SLINKARD
DIRECTOR OF CURATORIAL AFFAIRS$171,879$0$0$0$0$0$10,742$0$11,162$0$193,783$0$0$0
DEREK C O'BRIEN
CHIEF MARKETING OFFICER$173,177$0$0$0$0$0$10,567$0$1,120$0$184,864$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AFIRST CLASS TRAVEL IS NOT AUTHORIZED, WITH NOTED EXCEPTIONS THAT INCLUDE CERTAIN ROUTES AND AIR TRAVEL WHEN BUSINESS CLASS WOULD HAVE BEEN THE CHOICE BUT THE AIRLINE ONLY OFFERED ECONOMY AND FIRST CLASS. EXECUTIVE DIRECTOR TRAVEL IS REVIEWED BY AN OFFICER OF THE BOARD, AND SOMETIMES INCLUDES SPOUSAL TRAVEL FOR THE EXECUTIVE DIRECTOR'S SPOUSE. ALL AMOUNTS FOR SPOUSAL TRAVEL ARE REFLECTED AS TAXABLE COMPENSATION TO THE EXECUTIVE DIRECTOR. A TAX GROSS-UP PAYMENT (ALSO INCLUDED IN TAXABLE COMPENSATION) IS MADE AT THE END OF THE YEAR.
PART I, LINE 4ABRIAN KENNEDY RECEIVED SEVERANCE PAYMENTS IN THE AMOUNT OF $717,452.
PART I, LINE 8THE CONTRACT ENTERED INTO WITH THE NEW EXECUTIVE DIRECTOR AND CEO CONSTITUTES A CONTRACT SUBJECT TO THE INITIAL CONTRACT EXCEPTION DESCRIBED IN REG. SEC. 53.4958-4(A)(3). THE ORGANIZATION FOLLOWED THE REBUTTABLE PRESUMPTION PROCEDURE UNDER REG. SEC. 53.4958-6(C): THE BOARD OF TRUSTEES REVIEWED AND AUTHORIZED THE CONTRACT, THERE WERE NO CONFLICTS OF INTEREST IN THE CONTRACT NEGOTIATIONS, AND THERE WAS BENCHMARK DATA SUPPORTING THAT THE COMPENSATION ARRANGEMENT IN ITS ENTIRETY IS REASONABLE.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
A0434318142012-11-08$29,160,000REFUND 2002 ISSUE000
MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
B0434318142019-12-23$55,000,000REFUND 2016 ISSUE000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$29,160,000$190,379$28,969,6212003Yes (1)0Yes (1)Yes (1)
B$55,000,000$55,000,0002019Yes (1)0Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceBBondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Private Bus Use By Others0.00000PrivateBusUseByOthersPct
Private Bus Concerning UBI0.00000PrivateBusConcerningUBIPct
Total Private Business Use0.00000TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A00Yes (1)0000Yes (1)
B0Yes (1)00000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LYNDA ROSCOE HARTIGANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship With OrgOFFICERRelationshipWithOrgTxt
Loan PurposeRESIDENTIAL LOANLoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$300,000OriginalPrincipalAmt
Balance Due$305,816BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written AgreementYes (1)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$305,816TotalBalanceDueAmt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution742ContributionCnt
Method Of Determining RevenuesCOLL. OBJ. NOT VALUEMethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Method Of Determining RevenuesCOLL. OBJ. NOT VALUEMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution23ContributionCnt
Noncash Contributions Rpt F990$1,627,693NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG. HIGH/LOW ON VALMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received7Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE NUMBER SHOWN IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 4A, DESCRIPTION OF PROGRAM SERVICE:EXHIBITIONS AND PUBLICATIONS: THROUGH ITS EXHIBITIONS, PROGRAMS, PUBLICATIONS, MEDIA AND RELATED ACTIVITIES, PEM STRIVES TO CREATE EXPERIENCES THAT TRANSFORM PEOPLE'S LIVES BY BROADENING THEIR PERSPECTIVES, ATTITUDES, AND KNOWLEDGE OF THEMSELVES AND THE WIDER WORLD. THE MUSEUM REALIZED AN AMBITIOUS, BALANCED, AND DIVERSIFIED CHANGING EXHIBITION PROGRAM IN FY2022. OPEN A TOTAL OF 207 DAYS, PEM WELCOMED 157,000 VISITORS TO THE MUSEUM. 24% OF GENERAL ADMISSION VISITORS (38,169) TOURED YIN YU TANG, THE ONLY COMPLETE QING DYNASTY HOUSE OUTSIDE OF CHINA AND A MODEL IN INTERNATIONAL HISTORIC PRESERVATION. FY2022 TRAVELING EXHIBITIONS (HOSTED) IN AMERICAN WATERS: THE SEA IN AMERICAN PAINTING (NOVEMBER 6, 2021 TO JANUARY 31, 2022 - CRYSTAL BRIDGES MUSEUM OF AMERICAN ART IN BENTONVILLE, ARKANSAS) TEMPORARY EXHIBITIONS PETER HUTTON: AT SEA (7/ 2020 7/ 2021) THE SALEM WITCH TRIALS: RECKONING AND RECLAIMING (9/21 3/2022) CARLOS GARAICOA: PARTITURA (8/2021 2/ 2022) MY DEAR DAVEY AND CHESTER (11/2020 3/ 2022) ZARAH HUSSAIN: BREATH (12/2020 4/ 2022) EACH / OTHER: MARIE WATT AND CANNUPA HANSKA LUGER (1/2022 5/2022) THE GREAT ANIMAL ORCHESTRA: BERNIE KRAUSE AND UNITED VISUAL ARTISTS (11/2021 7/2022) MICHAEL C. MCMILLEN: THE PEQUOD II (10/2020 9/2022) WHERE THE QUESTIONS LIVE: AN EXPLORATION OF HUMANS IN NATURE (1/2021 1/2022) IN AMERICAN WATERS: THE SEA IN AMERICAN PAINTING (4/2021 10/2021) SALEM STORIES (9/26/2020 PRESENT) ANILA QUAYYUM AGHA: ALL THE FLOWERS ARE FOR ME (2019 PRESENT) COLLECTIONS INSTALLATIONS MARITIME ART (9/2019 PRESENT) ASIAN EXPORT ART (9/2019 PRESENT) FASHION AND DESIGN (9/2019 PRESENT) POWERFUL FIGURES (9/2019 PRESENT) VANESSA PLATACIS: TAKING PLACE (9/2019 PRESENT) ART IN PUBLIC SPACES (9/2019 PRESENT) JAPANOMANIA! JAPANESE ART GOES GLOBAL (4/2018 PRESENT) DOUBLE HAPPINESS: CELEBRATION IN CHINESE ART (4/2014 PRESENT) SOUTH ASIAN ART (11/2020 PRESENT) ON THIS GROUND BEING AND BELONGING (3/2022 PRESENT) AMERICAN DECORATIVE ARTS (10/2019 PRESENT)
FORM 990, PART III, LINE 4B, DESCRIPTION OF PROGRAM SERVICE:CURATORIAL AND COLLECTIONS: NATIONALLY AND INTERNATIONALLY RECOGNIZED THOUGHT LEADERS IN THEIR RESPECTIVE FIELDS, THE CURATORIAL STAFF IS RESPONSIBLE FOR CONCEIVING AND ORGANIZING EXHIBITIONS AND CULTIVATING SUPPORT FOR THE MUSEUM'S PROGRAMMATIC INITIATIVES AND COLLECTION. CURATORS ACQUIRE, RESEARCH, AND INTERPRET THE MUSEUM'S COLLECTION. THE CURATORIAL STAFF ALSO PREPARES AND PUBLISHES SCHOLARLY CATALOGUES AND EDUCATIONAL TEXTS RELATED TO THE EXHIBITIONS AND THE COLLECTION. THE MUSEUM'S COLLECTION ENCOMPASSES MORE THAN ONE MILLION WORKS REPRESENTING ART AND CULTURE GLOBALLY. SEVERAL OF THE PRINCIPAL COLLECTING AREAS BEGAN WITH THE MUSEUM'S FOUNDING IN 1799 AND ARE THE FIRST OF SUCH MATERIAL AMONG AMERICAN MUSEUMS. OTHER AREAS OF THE COLLECTION ARE THE BEST OR LARGEST AMONG AMERICAN OR INTERNATIONAL MUSEUM COLLECTIONS. DURING FY22 (JULY 2021 JUNE 2022) THE MUSEUM ADDED, THROUGH PURCHASE AND DONATION, 781 NEW WORKS OF ART TO ITS COLLECTIONS, AND CONTINUES TO COLLECT SELECTIVELY IN ALMOST ALL AREAS OF THE COLLECTION THROUGH GIFT, PURCHASE, AND BEQUEST. PEM'S COLLECTION AREAS INCLUDE: AFRICAN, AMERICAN, ARCHITECTURE, ASIAN EXPORT, CHINESE, CONTEMPORARY, FASHION AND TEXTILES, JAPANESE, KOREAN, MARITIME, NATIVE AMERICAN, OCEANIC, PHOTOGRAPHY, AND SOUTH ASIAN, AS WELL AS THE COLLECTIONS OF THE PHILLIPS LIBRARY.
FORM 990, PART III, LINE 4C, DESCRIPTION OF PROGRAM SERVICE:EDUCATION: THE MUSEUM'S DEPARTMENT OF EDUCATION AND CIVIC ENGAGEMENT DEVELOPS AND IMPLEMENTS A WIDE ARRAY OF PUBLIC PROGRAMS, SCHOOL PROGRAMS, AND MUSEUM TOURS. IT ALSO PROVIDES MATERIALS TO HELP VISITORS OF ALL AGES WITH DIVERSE BACKGROUNDS, KNOWLEDGE, INTERESTS, PREFERENCES, AND NEEDS GAIN INSIGHT ABOUT THEMSELVES AND THE WORLD AROUND THEM THROUGH AN UNDERSTANDING OF INTERNATIONAL ART AND CULTURE. THE EDUCATION AND COMMUNITY ENGAGEMENT DEPARTMENT WORKS TO DEEPEN ENGAGEMENT AND UPLIFT COMMUNITY VOICES TO ENCOURAGE NEW, DIVERSE, MULTIGENERATIONAL AUDIENCES THROUGH THE BILINGUAL INITIATIVE AND ESTABLISHING LOCAL PARTNERSHIPS. THIS DEPARTMENT ALSO OVERSEES THE ART & NATURE CENTER WHICH SHOWCASES ORIGINAL EXHIBITIONS THAT INVESTIGATE OUR INTERCONNECTIONS WITH NATURE THROUGH CONTEMPORARY ART, MEMORABLE OBJECTS, AND INTERACTIVE EXPERIENCES. DESIGNED FOR VISITORS OF ALL AGES, THE FAMILY-FRIENDLY CENTER FEATURES CHANGING EXHIBITIONS, HANDS-ON DISPLAYS, AND ART-MAKING SPACES. THE DEPARTMENT OF EDUCATION FOCUSES ON SEVERAL BROAD AUDIENCE AREAS - EARLY CHILDHOOD, K-12 STUDENTS, TEACHERS, FAMILIES, AND ADULTS FROM COLLEGE AGE THROUGH SENIOR CITIZENS - TO OFFER EXPERIENCES AND RESOURCES CONNECTED TO OUR COLLECTIONS, EXHIBITIONS, AND TO THEMES THAT ARE RELEVANT TO ALL OF OUR AUDIENCES TODAY: EQUITY AND BELONGING, WELLNESS, AND CLIMATE + ENVIRONMENT. DURING FY2022 (JULY '21- JUNE '22), THE ANC'S ONGOING GALLERY SPACES WELCOMED 41,500 GUESTS YEAR ROUND. IN ADDITION, THE DEPARTMENT OF EDUCATION & CIVIC ENGAGEMENT HOSTED 37 DISTINCT PUBLIC PROGRAMS, BOTH VIRTUAL AND IN-PERSON, WITH 6,997 PARTICIPANTS AND VIEWERS, AS WELL AS 56 TOURS FOR ADULT AUDIENCES TOTALING 870 VISITORS, AND 6 VIRTUAL TOUR PROGRAMS FOR ADULT AUDIENCES TOTALING 141 PEOPLE, AND 27 IN-PERSON PROGRAMS AT RETIREMENT COMMUNITIES TOTALING 484 PARTICIPANTS.
FORM 990, PART VI, SECTION A, LINE 2CLEMENT BENENSON AND STEPHANIE BENENSON HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11BTHE FINANCE AND AUDIT COMMITTEE CONDUCTS A DETAILED REVIEW OF THE FORM 990 PRIOR TO FILING. AFTER ANY NECESSARY REVISIONS ARE MADE, THE FINAL DRAFT IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CON AN ANNUAL BASIS, EACH OFFICER, DIRECTOR AND KEY EMPLOYEE IS REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT. THE STATEMENTS ARE REVIEWED BY THE SECRETARY OF THE BOARD OF TRUSTEES. ANY CONFLICTS ARE BROUGHT TO THE ATTENTION OF AN APPROPRIATE OFFICER, DIRECTOR OR SENIOR MANAGER TO DETERMINE THE APPROPRIATE COURSE OF ACTION IN RESOLVING THE CONFLICT. IF A CONFLICT IS FOUND TO EXIST, THE CONFLICTED INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN ANY DECISIONS RELATIVE TO THE SOURCE OF CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION FOR THE EXECUTIVE DIRECTOR, OFFICERS AND KEY EMPLOYEES IS SUBJECT TO REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION C, LINE 19THE MUSEUM'S FORM 990, FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE IN HARD COPY OR ELECTRONICALLY UPON REQUEST. THE FORM 990 AND THE FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE 990 IS ALSO AVAILABLE ON THE THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE AND AT WWW.GUIDESTAR.ORG.
FORM 990, PART XI, LINE 9:CHANGE IN VALUE OF FUNDS HELD BY OTHERS -976,959.
FORM 990, SCHEDULE B:THE MUSEUM DETERMINED IT WAS ELIGIBLE FOR THE EMPLOYEE RETENTION CREDIT (ERC) PROGRAM IN THE QUARTERS ENDED MARCH 31, 2021 AND JUNE 30, 2021. THE MUSEUM RECORDED ERC REVENUE ASSOCIATED WITH THIS PROGRAM IN THE AMOUNT OF $1,073,444, AS WELL AS $795 OF INTEREST REVENUE RELATED TO RECEIPTS FROM PRIOR QUARTERS.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1PHILLIPS JAMES DUNCAN TR UWILLBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1BNY MELLON NA - PO BOX 185AddressLine1Txt
CityPITTSBURGHCityNm
State AbbreviationPAStateAbbreviationCd
ZIP152300185ZIPCd
FieldValueIRS element (for citing)
EIN046061034EIN
Primary ActivitiesSUPPORT PEABODY ESSEX MUSEUM, INC.PrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12D, III-OPublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1CRUTS (2)BusinessNameLine1Txt
FieldValueIRS element (for citing)
Primary ActivitiesCRUTPrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1PEABODY ESSEX MUSEUM INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd