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FRICK COLLECTION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FRICK COLLECTION (EIN 13-1624012)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-13
IRS object ID
202541339349305824
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-13T11:45:00-07:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN131624012EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Frick CollectionBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFRICBusinessNameControlTxt
Phone2122880700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 East 70th StreetAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10021ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMichael J PaccionePersonNm
Person TitleCOO/CFO & ASST TREASPersonTitleTxt
Signature2025-05-13SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerAxel RugerPrincipalOfficerNm
Gross Receipts$146,953,858GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.frick.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1920FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionThe Frick Collection (the "Collection") operates an internationally recognized art museum and library program for the inspiration and enjoyment of the public and for the advancement of the study of fine arts and kindred subjects.ActivityOrMissionDesc
Voting Members Governing Body22VotingMembersGoverningBodyCnt
Voting Members Independent22VotingMembersIndependentCnt
Total Employee278TotalEmployeeCnt
Total Gross UBI$57,157TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$56,157NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$24,313,127PYContributionsGrantsAmt
CY Contributions Grants$30,439,383CYContributionsGrantsAmt
PY Program Service Revenue$1,568,094PYProgramServiceRevenueAmt
CY Program Service Revenue$1,482,909CYProgramServiceRevenueAmt
PY Investment Income$21,078,650PYInvestmentIncomeAmt
CY Investment Income$76,842,391CYInvestmentIncomeAmt
PY Other Revenue$40,416PYOtherRevenueAmt
CY Other Revenue$1,654,836CYOtherRevenueAmt
PY Total Revenue$47,000,287PYTotalRevenueAmt
CY Total Revenue$110,419,519CYTotalRevenueAmt
PY Grants And Similar Paid$35,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$21,215,093PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$23,317,138CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,994,720CYTotalFundraisingExpenseAmt
PY Other Expenses$7,982,963PYOtherExpensesAmt
CY Other Expenses$7,465,954CYOtherExpensesAmt
PY Total Expenses$29,233,056PYTotalExpensesAmt
CY Total Expenses$30,783,092CYTotalExpensesAmt
PY Revenues Less Expenses$17,767,231PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$79,636,427CYRevenuesLessExpensesAmt
Total Assets BOY$669,514,480TotalAssetsBOYAmt
Total Assets EOY$695,604,881TotalAssetsEOYAmt
Total Liabilities BOY$131,035,623TotalLiabilitiesBOYAmt
Total Liabilities EOY$127,904,702TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$538,478,857NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$567,700,179NetAssetsOrFundBalancesEOYAmt
MissionThe Frick Collection (the "Collection") operates an internationally recognized art museum and library program for the inspiration and enjoyment of the public and for the advancement of the study of fine arts and kindred subjects.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$11,722,164ExpenseAmt
DescMuseum Program: The Collection maintains and conserves over 1,100 works of art as part of its permanent art collection and the historic interiors of the Gilded Age mansion that houses them. The permanent art collection is made accessible to the public through exhibitions, research, and publications, as well as an array of education programs. The museum moved to a temporary location known as Frick Madison during the renovation and enhancement of its building at 1 East 70th Street. The museum was open at this location, 945 Madison Avenue, until March 3, 2024. From then until the end of FY2024 preparations began to move the collection and staff back to 1 East 70th Street. Attendance during the 2023 tax year was approximately 86,000 visitors. See Schedule O for additional information.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$5,396,187ExpenseAmt
DescLibrary Program: The mission of the Frick Art Research Library is to provide public access to materials and programs focused on the study of fine and decorative arts created in the European tradition from the fourth through the twentieth centuries, as well as art from around the world that has been influenced by or had an influence on this tradition. The library serves an international research community and supports scholarly and programmatic initiatives throughout The Frick Collection. The Library provided on-site and remote services for all of the 2023 tax year, by welcoming 907 visitors, answering 591 research questions in person, answering 1,446 research questions by email, and filing 1,231 interlibrary loan and 2,727 document delivery requests. See Schedule O for additional information.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$17,118,351TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
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 FootnoteYes (true)IncludeFIN48FootnoteInd
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 IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
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 EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document78IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee278EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
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
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members22GoverningBodyVotingMembersCnt
Independent Voting Member22IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
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 BodyfalseForm990ProvidedToGvrnBodyInd
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 FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMichael J PaccionePersonNm
Phone2122880700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 East 70th StreetAddressLine1Txt
CityNew YorkCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10021ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
Ian Wardropper
Kellen Dir& CEO35.000.00Yes (X)$971,757$0$58,352
Katharine Chapman
Deputy Director External Affairs35.000.00$349,733$0$58,352
Joseph Shatoff
Deputy Director & COO35.000.00$307,261$0$57,882
Alexis Sandler
GC & Asst Secr35.000.00Yes (X)$305,518$0$58,173
Michael Paccione
CFO & Asst Trea35.000.00Yes (X)$324,043$0$37,615
Xavier Salomon
Peter Jay Sharp Chief Curator35.000.00$307,702$0$44,612
Carolyn Straub
Ass. Dir. Cap Proj35.000.00$223,771$0$47,963
Dennis Sweeney thru 324
Head of Operations35.000.00$201,403$0$45,769
Stephen Bury
A.W. Mellon Chief Librarian35.000.00$212,729$0$34,195
Dana Winfield
Chief HR Officer35.000.00$212,741$0$25,630
Angie Calderwood
Asst Dir of Devlop35.000.00$193,875$0$22,702
Luisa Herrera
Sen.Man.Spec. Proj35.000.00$169,274$0$19,833
Heidi Rosenau
Ass.Dir. of Commun35.000.00$167,876$0$20,129
Virginia Barbato
Trustee1.000.00$0$0$0Yes (X)
Margot Bogert
Trustee1.000.00$0$0$0Yes (X)
Ayesha Bulchandani
Trustee1.000.00$0$0$0Yes (X)
Tai- Heng Cheng
Trustee1.000.00$0$0$0Yes (X)
Suzzara Durocher
Trustee1.000.00$0$0$0Yes (X)
R Bradford Evans
Trustee1.000.00$0$0$0Yes (X)
Elizabeth Eveillard
Trustee & Chair5.000.00Yes (X)$0$0$0Yes (X)
Kathleen Feldstein
Trustee & Secr3.000.00Yes (X)$0$0$0Yes (X)
Emily Frick thru 624
Trustee1.000.00$0$0$0Yes (X)
Michael Horvitz
Trustee&V.Chair3.000.00Yes (X)$0$0$0Yes (X)
Christian Keesee
Trustee1.000.00$0$0$0Yes (X)
Karen Gray- Krehbiel
Trustee1.000.00$0$0$0Yes (X)
Rafael Mason
Trustee1.000.00$0$0$0Yes (X)
Jane Moss
Trustee1.000.00$0$0$0Yes (X)
James Reibel
Trustee1.000.00$0$0$0Yes (X)
Charles Royce
Trustee1.000.00$0$0$0Yes (X)
Juan Sabater
Trustee& Treas3.000.00Yes (X)$0$0$0Yes (X)
Stephen Schwarzman
Trustee1.000.00$0$0$0Yes (X)
Bernard Selz
Trustee1.000.00$0$0$0Yes (X)
Victoria Lea Smith
Trustee1.000.00$0$0$0Yes (X)
J Fife Symington IV
Trustee1.000.00$0$0$0Yes (X)
David Tobey
Trustee1.000.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,947,683TotalReportableCompFromOrgAmt
Total Other Compensation$531,207TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K40IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
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
Sciame Construction LLC
14 Wall Street 20th FloorNew YorkNY10005Construction Management$61,976,696
Beyer Blinder Belle
120 Broadway 20th FloorNew YorkNY10271Architect$1,957,104
Derive Technologies LLC
40 Wall Street 20th FloorNew YorkNY10005Information Technology$1,234,276
Cambridge Associates LLC
143 West 21st StreetNew YorkNY10011Investment Management$918,279
Selldorf Architects
860 Broadway 2nd FloorNew YorkNY10003Architect$893,788
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K44CntrctRcvdGreaterThan100KCnt
Membership Dues$1,685,070MembershipDuesAmt
Fundraising$1,524,992FundraisingAmt
Government Grants$116,905GovernmentGrantsAmt
All Other Contributions$27,112,416AllOtherContributionsAmt
Noncash Contributions$1,412,765NoncashContributionsAmt
Total Contributions$30,439,383TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
Admissions712110$959,156$959,156
Educational Programs711130$19,969$19,969
Membership Dues611600$503,784$503,784
FieldValueIRS element (for citing)
Total Program Service Revenue$1,482,909TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,886,648TotalRevenueColumnAmt
Exclusion$3,886,648ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

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

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,149TotalRevenueColumnAmt
Related Or Exempt Func Income$7,149RelatedOrExemptFuncIncomeAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

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

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$108,888,762SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$35,933,019SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$72,955,743SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$72,955,743TotalRevenueColumnAmt
Exclusion$72,955,743ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$151,045FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,524,992ContriRptFundraisingEventAmt
Fundraising Direct Expenses$379,655FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$228,610TotalRevenueColumnAmt
Exclusion-$228,610ExclusionAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$492,551GrossSalesOfInventoryAmt
Cost Of Goods Sold$221,665CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$270,886TotalRevenueColumnAmt
Related Or Exempt Func Income$213,729RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$57,157UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescExtraordinary IncomeDesc
Total Revenue Column$1,605,411TotalRevenueColumnAmt
Exclusion$1,605,411ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,605,411OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$110,419,519TotalRevenueColumnAmt
Related Or Exempt Func Income$220,878RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$57,157UnrelatedBusinessRevenueAmt
Exclusion$79,702,101ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,991,483TotalAmt
Program Services$615,423ProgramServicesAmt
Management And General$1,734,800ManagementAndGeneralAmt
Fundraising$641,260FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$14,202,712TotalAmt
Program Services$5,174,591ProgramServicesAmt
Management And General$7,438,566ManagementAndGeneralAmt
Fundraising$1,589,555FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,144,247TotalAmt
Program Services$690,274ProgramServicesAmt
Management And General$283,582ManagementAndGeneralAmt
Fundraising$170,391FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$3,640,571TotalAmt
Program Services$1,573,000ProgramServicesAmt
Management And General$1,539,571ManagementAndGeneralAmt
Fundraising$528,000FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,338,125TotalAmt
Program Services$807,232ProgramServicesAmt
Management And General$331,631ManagementAndGeneralAmt
Fundraising$199,262FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$160,910TotalAmt
Program Services$97,070ProgramServicesAmt
Management And General$39,879ManagementAndGeneralAmt
Fundraising$23,961FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$168,295TotalAmt
Program Services$101,525ProgramServicesAmt
Management And General$41,709ManagementAndGeneralAmt
Fundraising$25,061FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,801,331TotalAmt
Management And General$1,801,331ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$417,069TotalAmt
Management And General$417,069ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$589,567TotalAmt
Program Services$161,081ProgramServicesAmt
Management And General$356,190ManagementAndGeneralAmt
Fundraising$72,296FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$120,436TotalAmt
Program Services$72,654ProgramServicesAmt
Management And General$29,848ManagementAndGeneralAmt
Fundraising$17,934FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,337,307TotalAmt
Management And General$1,337,307ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$389,609TotalAmt
Program Services$201,011ProgramServicesAmt
Management And General$152,668ManagementAndGeneralAmt
Fundraising$35,930FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$14,567TotalAmt
Management And General$14,567ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,566,526TotalAmt
Program Services$945,017ProgramServicesAmt
Management And General$388,236ManagementAndGeneralAmt
Fundraising$233,273FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$418,936TotalAmt
Management And General$418,936ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Exhibition & Conservation Cost$1,470,214$1,463,145$7,069
Service Contracts$640,215$96,596$530,009$13,610
System Contracts$587,495$181,089$393,954$12,452
Consultants & Outside Services$385,080$292,891$65,589$26,600

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total-$2,601,603TotalAmt
Program Services$4,645,752ProgramServicesAmt
Management And General-$7,652,490ManagementAndGeneralAmt
Fundraising$405,135FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$30,783,092TotalAmt
Program Services$17,118,351ProgramServicesAmt
Management And General$9,670,021ManagementAndGeneralAmt
Fundraising$3,994,720FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$43,836,499BOYAmt
EOY$16,694,451EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$32,094,935BOYAmt
EOY$31,669,564EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$860,040BOYAmt
EOY$975,579EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$131,479BOYAmt
EOY$5,181,264EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$346,128,218LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$45,728,741LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$220,206,251BOYAmt
EOY$300,399,477EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$140,850,112BOYAmt
EOY$81,806,668EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$229,067,967BOYAmt
EOY$256,700,771EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,467,197BOYAmt
EOY$2,177,107EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$669,514,480BOYAmt
EOY$695,604,881EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$19,797,993BOYAmt
EOY$19,003,300EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$111,237,630BOYAmt
EOY$108,901,402EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$131,035,623BOYAmt
EOY$127,904,702EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$302,593,960BOYAmt
EOY$307,340,482EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$235,884,897BOYAmt
EOY$260,359,697EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$538,478,857BOYAmt
EOY$567,700,179EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$669,514,480BOYAmt
EOY$695,604,881EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$79,636,427ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$50,415,105NetUnrlzdGainsLossesInvstAmt
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 RequiredfalseFederalGrantAuditRequiredInd

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$25,282,841CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15,235,597CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$32,859,395CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$23,069,110CurrentTaxYearMinus1YearAmt
Current Tax Year$30,349,356CurrentTaxYearAmt
Total$126,796,299TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$25,282,841CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15,235,597CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$32,859,395CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$23,069,110CurrentTaxYearMinus1YearAmt
Current Tax Year$30,349,356CurrentTaxYearAmt
Total$126,796,299TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$39,329,158SubstantialContributorsTotAmt
Public Support Total170$87,467,141PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,501,963CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,652,686CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,021,130CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,648,462CurrentTaxYearMinus1YearAmt
Current Tax Year$3,893,737CurrentTaxYearAmt
Total$14,717,978TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$63,623CurrentTaxYearMinus4YearsAmt
Total$63,623TotalAmt
FieldValueIRS element (for citing)
Total Support$141,577,900TotalSupportAmt
Public Support CY1700.61780PublicSupportCY170Pct
Public Support PY1700.65320PublicSupportPY170Pct
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 SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$338,528,532BeginningYearBalanceAmt
Contributions$1,121,452ContributionsAmt
Investment Earnings Or Losses$24,631,574InvestmentEarningsOrLossesAmt
Other Expenditures$14,557,558OtherExpendituresAmt
Administrative Expenses$1,559,519AdministrativeExpensesAmt
End Year Balance$348,164,481EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$329,671,083BeginningYearBalanceAmt
Contributions$786,976ContributionsAmt
Investment Earnings Or Losses$26,313,119InvestmentEarningsOrLossesAmt
Other Expenditures$17,029,567OtherExpendituresAmt
Administrative Expenses$1,213,079AdministrativeExpensesAmt
End Year Balance$338,528,532EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$362,249,426BeginningYearBalanceAmt
Contributions$704,359ContributionsAmt
Investment Earnings Or Losses-$12,631,207InvestmentEarningsOrLossesAmt
Other Expenditures$19,516,243OtherExpendituresAmt
Administrative Expenses$1,135,072AdministrativeExpensesAmt
End Year Balance$329,671,083EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$313,637,294BeginningYearBalanceAmt
Contributions$631,772ContributionsAmt
Investment Earnings Or Losses$98,949,785InvestmentEarningsOrLossesAmt
Other Expenditures$49,856,582OtherExpendituresAmt
Administrative Expenses$1,112,840AdministrativeExpensesAmt
End Year Balance$362,249,426EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$330,113,789BeginningYearBalanceAmt
Contributions$794,420ContributionsAmt
Investment Earnings Or Losses$2,904,649InvestmentEarningsOrLossesAmt
Other Expenditures$18,660,304OtherExpendituresAmt
Administrative Expenses$1,515,260AdministrativeExpensesAmt
End Year Balance$313,637,294EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.76400BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.17600PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.06000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd
Related Org List Sch RfalseRelatedOrgListSchRInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$776,088OtherCostOrOtherBasisAmt
Book Value$776,088BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,662,166OtherCostOrOtherBasisAmt
Depreciation$5,662,166DepreciationAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$319,796,328OtherCostOrOtherBasisAmt
Depreciation$22,436,602DepreciationAmt
Book Value$297,359,726BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,823,765OtherCostOrOtherBasisAmt
Depreciation$12,791,846DepreciationAmt
Book Value$2,031,919BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,069,871OtherCostOrOtherBasisAmt
Depreciation$4,838,127DepreciationAmt
Book Value$231,744BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$300,399,477TotalBookValueLandBuildingsAmt
Total Book Value Securities$256,700,771TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Accrued Postretirement Welfare Benefits$7,753,760
Loan Payable$101,147,642
FieldValueIRS element (for citing)
Total Liability$108,901,402TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$58,444,896TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$50,415,105NetUnrealizedGainsInvstAmt
Revenue Not Reported-$50,415,105RevenueNotReportedAmt
Revenue Subtotal$108,860,001RevenueSubtotalAmt
Investment Expenses Not Incld$1,559,518InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$1,559,518RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$110,419,519TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$29,824,894TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$29,824,894ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,559,518InvestmentExpensesNotIncld2Amt
Other Expenses Not Included-$601,320OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$958,198ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$30,783,092TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, oIn accordance with elections made under Statement of Financial Accounting Standard No. 116 (SFAS 116), the Collection does not include either the cost or the value of its collections on its statement of financial position, nor does it recognize gifts of collection items as revenues in its statement of activities. Collection items are considered works of art, historical treasures, general research collections, and similar assets held for public exhibition, education, or research in furtherance of public service rather than financial gain.
Part III, Line 4: Description of organization's collections and how it furthers its purpose.The Frick Collection was established by Pittsburgh industrialist Henry Clay Frick, who, upon his death in 1919, bequeathed his New York residence (since designated a National Historic Landmark) and remarkable collection of European paintings, sculpture and decorative arts for the enjoyment of the public and for the advancement of the study of fine arts and kindred subjects. The Frick Art Reference Library of the Collection was established in 1920 by Frick's daughter, Helen Clay Frick. The library's book and photograph research collections relate chiefly to paintings, drawings, sculpture, prints, and illuminated manuscripts from the 4th to the mid-20th centuries by European and American artists, and its archival materials and special collections augment the research collections with documents pertaining to the history of collecting art and of Frick's collecting in particular. The Collection's mission is to preserve and display for the public Frick's art collection in a domestic setting and to augment the Collection's art holdings; to provide access, understanding and enjoyment of the art collection to the public through special exhibitions, publications, public education programs, and research; to offer the visiting public an engaging view of life in the Gilded Age; and to serve as a center for research and to stimulate scholarship in the history of art.
Part V, Line 4: Intended uses of the endowment fund.The aggregate endowment funds of The Frick Collection are the foundation of the institution. The endowments ensure the Frick's continued vitality by providing a consistent flow of funds that support all programatic, facility and related administrative costs of the organization.
Part X : FIN48 FootnoteThe Collection recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Management has determined that the Collection has no uncertain tax positions that would require financial statement disclosure. The Collection is no longer subject to audits by the applicable taxing jurisdictions for periods prior to 2015.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
Cntrl Amer.& Caribbean00Investment$63,567,695
Europe00Program Services$15,000Research/ Exhibitions
FieldValueIRS element (for citing)
Subtotal Spent$63,582,695SubtotalSpentAmt
Total Spent$63,582,695TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Line 3f - Method of AccountingExpenditures are accounted for on a U.S. dollar basis.
Part I, Line 3f - Investments and ExpendituresThe Collection has investments in funds that maintain headquarters located in the Caribbean and Central America.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
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 ActyfalseAgrmtProfFundraisingActyInd
Licensed StatesCALicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesDCLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesVALicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Autumn DinnerEvent1Nm
Gross Receipts Event1$1,352,435GrossReceiptsEvent1Amt
Charitable Contri Event1$1,267,285CharitableContriEvent1Amt
Gross Revenue Event1$85,150GrossRevenueEvent1Amt
Other Direct Expenses Event1$159,568OtherDirectExpensesEvent1Amt
Event2Young Fellow's BallEvent2Nm
Gross Receipts Event2$323,602GrossReceiptsEvent2Amt
Charitable Contri Event2$257,707CharitableContriEvent2Amt
Gross Revenue Event2$65,895GrossRevenueEvent2Amt
Other Direct Expenses Event2$220,087OtherDirectExpensesEvent2Amt
Gross Receipts Total$1,676,037GrossReceiptsTotalAmt
Charitable Contributions Tot$1,524,992CharitableContributionsTotAmt
Gross Revenue Total Events$151,045GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$379,655OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$379,655DirectExpenseSummaryEventsAmt
Net Income Summary-$228,610NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
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 PlanfalseSupplementalNonqualRtrPlanInd
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 PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmt
Alexis Sandler
GC & Asst Secr$299,343$6,175$36,600$21,573$363,691
Angie Calderwood
Asst Dir of Devlop$189,187$4,688$22,702$216,577
Carolyn Straub
Ass. Dir. Cap Proj$218,421$5,350$26,211$21,752$271,734
Dana Winfield
Chief HR Officer$208,971$3,770$25,077$553$238,371
Dennis Sweeney thru 324
Head of Operations$196,903$4,500$23,628$22,141$247,172
Heidi Rosenau
Ass.Dir. of Commun$163,136$4,740$19,576$553$188,005
Ian Wardropper
Kellen Dir& CEO$776,567$15,190$36,600$21,752$1,030,109$180,000
Joseph Shatoff
Deputy Director & COO$301,086$6,175$36,130$21,752$365,143
Katharine Chapman
Deputy Director External Affairs$341,336$8,397$36,600$21,752$408,085
Luisa Herrera
Sen.Man.Spec. Proj$165,274$4,000$19,833$189,107
Michael Paccione
CFO & Asst Trea$317,868$6,175$36,600$1,015$361,658
Stephen Bury
A.W. Mellon Chief Librarian$208,936$3,793$25,072$9,123$246,924
Xavier Salomon
Peter Jay Sharp Chief Curator$301,634$6,068$36,196$8,416$352,314

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 1a: Relevant information in regards to selections on 1a.FormAndLineReferenceDesc
ExplanationPursuant to a written employment agreement with the Director and Chief Executive Officer (the "Director"), the Collection provided a housing allowance. The housing allowance was part of the Directors compensation, as reviewed and approved by the Board of Trustees, and the value of this benefit was treated as taxable compensation. In addition, travel expenses for the Director's spouse are reimbursed when such travel is determined to be for a bona fide business purpose.Dennis Sweeney, Head of Operations left the Collection in March 2024. He received a severance payment of $11,361 in fiscal year 2024 (subsequent to the 2023 W2 filing). The severance payment is not included in his total earnings amount reported on Schedule J. The earnings amount reported on Schedule J is solely based on his 2023 W2 earnings.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution21ContributionCnt
Noncash Contributions Rpt F990$1,412,765NoncashContributionsRptF990Amt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
DescPhotoarchivesDesc
Contribution6ContributionCnt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11bThe Board of Trustees has delegated to the Audit Committee responsibility for oversight of the preparation and filing of the Form 990. The Audit Committee accordingly meets for the purpose of reviewing and commenting on a draft version of the Form 990 prior to filing. After the Form 990 is approved by the Audit Committee, a copy of the final return (without Schedule B, which is redacted to protect donor privacy) is made available to each member of the Board of Trustees before it is filed. The Form 990 additionally is reviewed by management prior to filing.
Form 990, Part VI, Section B, Line 12cThe Collections conflict of interest policy covers each member of the Board of Trustees, officer, key employee, other key person, and member of any committee of the Board of Trustees of the Collection (collectively "covered persons"). Each covered person makes annual written disclosures regarding entities known to do business with the Collection and in which the covered person or a family member of the covered person has a financial, ownership, personal, professional or organizational interest or affiliation. The completed disclosure statements are reviewed by the Collection's General Counsel and the chair of the Audit Committee. The policy additionally requires covered persons to disclose potential conflicts of interest as they arise, or become known to the covered person, to the Chair of the Board if the transaction will be considered for approval by the Board of Trustees, or, if the matter will come before a Committee of the Board, the relevant committee chair. The Chair or relevant committee chair reports the potential conflict to the chair of the Audit Committee and the General Counsel for evaluation and determination of whether an actual conflict of interest exists. Members of the Audit Committee may be consulted in making the determination, and, in any case, all disclosures and resulting determinations are reported to the Audit Committee. If it is determined that an actual conflict of interest exists, the Board of Trustees or committee, as applicable, is notified. If a covered person discloses a potential conflict of interest at a meeting during which the Board or committee is expected to take action on the matter, an actual conflict of interest is presumed under the policy. A transaction involving a conflict of interest for a covered person must be approved by only those Trustees or committee members who do not have a conflict with respect to the transaction. The covered person may not vote on the transaction or be present or participate in deliberations on the transaction, except that the covered person may present information concerning the transaction if so requested by the Board or relevant committee.
Form 990, Part VI, Section B, Line 15bThe Compensation Committee of the Board of Trustees recommends the compensation of the Director and Chief Executive Officer (the "Director") to the full Board of Trustees for its review and approval. The Compensation Committee also is responsible for setting the compensation of key employees and other employees who serve as officers of the Collection, based on the recommendations of the Director. The positions for which this procedure is followed are the the Chief Financial Officer and Assistant Treasurer; the General Counsel and Assistant Secretary; Deputy Director and Chief Operating Officer; the Chief Curator; the Deputy Director for External Affairs; Chief Human Resources Officer; and the Chief Librarian. In determining the reasonableness of compensation paid to each of the foregoing individuals, the Compensation Committee, and the Board of Trustees in the case of the Director, reviews comparability data available for peer organizations, including Forms 990 and published compensation surveys. The compensation analysis is undertaken annually, and the most recent review for each individual holding the positions listed above was undertaken in the 2021 tax year. The compensation committee additionally engaged an independent compensation consultant in the 2021 tax year to conduct a compensation survey for the position of Director and Chief Executive Officer.
Form 990, Part VI, Section C, Line 19The Collection was incorporated by act of the New York State legislature, and its charter therefore is a public document. The charter also has been published by the Collection. A copy of the Collection's audited financial statements may be obtained by written request to the Collection. Portions of the audited financial statements, such as the statement of financial position and the statement of activities, are reproduced in the Collection's Annual Report, which is available on the Collection's website. The Collections bylaws and conflict of interest policy are not generally available to the public.
Form 990, Part III, Line 4A- Program Service AccomplishmentsMuseum Program (continued)Education Programs: The Collection organized a total of 256 programs during the 2023 tax year serving approximately 10,844 individuals in total. These included online programs held on Zoom and Instagram Live as well as in-person programs held both onsite at Frick Madison and offsite at local schools and organizations. The Collection provided guided visits for students in grades 5 through 12, college and university students, seniors and community organizations, and private tour groups. Public programs held online included "Continue the Conversation", "Drawing Together", the IFA-Frick Symposium on the History of Art, and the new "Tabletop Atelier" held on Instagram Live. In-person programming consisted of Gallery Talks, "Sketch Nights", free Open Nights, and various Open House programs to name a few.
Form 990, Part IX, Line 24aProgram services, management and fundraising expenses include non-operating costs, a considerable portion of which are related to pension and other post-retirement benefits. These actuarially-calculated costs have a significant impact on the classification of functional expenses and their relative totals.
Form 990, Part VI, Line 1a- Executive CommitteeThe Board of Trustees has appointed an Executive Committee with the authority to exercise, during the intervals between regularly scheduled meetings of the Board of Trustees, all of the powers of the Board, except that the Executive Committee may not amend or repeal the bylaws of the Collection or adopt new bylaws; fill vacancies in the Board of Trustees or in any Committee; or amend or repeal any resolution of the Board of Trustees which by its terms is not amendable or repealable; to fix the compensation of Trustees, if any, for serving on the Board or any committee; to elect or remove Officers or Trustees; to approve a merger or plan of dissolution; to approve the sale, lease, exchange or other disposition of art or substantially all the assets of The Collection; or to ammend the charter of The Collection. The Executive Committee consists of the following members with voting rights: the Chair, the Vice Chair, the Secretary, and the Treasurer of the Collection, as well as such other Trustees as are recommended by the Chair and elected by the Board, in accordance with the Collections bylaws. The Director and Chief Executive Officer of the Collection is a nonvoting member of the Executive Committee.