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THE METROPOLITAN MUSEUM OF ART: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
THE METROPOLITAN MUSEUM OF ART (EIN 13-1624086)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-02-15
IRS object ID
202210469349300011
Schema version
2020v4.1
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)
Return2022-02-15T07:14:18-06:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PricewaterhouseCoopers LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1655 NEW YORK AVENUE NWAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20001ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN131624086EIN

Business Name BusinessName

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

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMESON KELLEHERPersonNm
Person TitleSVP, CFO & TREASURERPersonTitleTxt
Phone6464713000PhoneNum
Signature2022-02-14SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

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

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTRAVIS PATTONPreparerPersonNm
PTINP00369623PTIN
Phone2024141000PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDaniel WeissPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 FIFTH AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100280198ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,525,870,257GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.METMUSEUM.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1870FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES. PLEASE SEE SCHEDULE O FOR MORE DETAILS.ActivityOrMissionDesc
Voting Members Governing Body50VotingMembersGoverningBodyCnt
Voting Members Independent48VotingMembersIndependentCnt
Total Employee2194TotalEmployeeCnt
Total Volunteers1073TotalVolunteersCnt
Total Gross UBI-$4,967,465TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$245,041,493PYContributionsGrantsAmt
CY Contributions Grants$194,219,691CYContributionsGrantsAmt
PY Program Service Revenue$5,071,378PYProgramServiceRevenueAmt
CY Program Service Revenue$4,435,800CYProgramServiceRevenueAmt
PY Investment Income$138,169,497PYInvestmentIncomeAmt
CY Investment Income$339,535,830CYInvestmentIncomeAmt
PY Other Revenue$26,386,242PYOtherRevenueAmt
CY Other Revenue-$1,711,304CYOtherRevenueAmt
PY Total Revenue$414,668,610PYTotalRevenueAmt
CY Total Revenue$536,480,017CYTotalRevenueAmt
PY Grants And Similar Paid$2,985,305PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,530,654CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$223,657,201PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$194,512,715CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$137,892PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$14,824,200CYTotalFundraisingExpenseAmt
PY Other Expenses$194,429,521PYOtherExpensesAmt
CY Other Expenses$171,934,461CYOtherExpensesAmt
PY Total Expenses$421,209,919PYTotalExpensesAmt
CY Total Expenses$368,977,830CYTotalExpensesAmt
PY Revenues Less Expenses-$6,541,309PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$167,502,187CYRevenuesLessExpensesAmt
Total Assets BOY$4,530,953,743TotalAssetsBOYAmt
Total Assets EOY$5,588,554,992TotalAssetsEOYAmt
Total Liabilities BOY$852,948,253TotalLiabilitiesBOYAmt
Total Liabilities EOY$748,554,727TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,678,005,490NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,840,000,265NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES IN ORDER TO CONNECT PEOPLE TO CREATIVITY, KNOWLEDGE, AND IDEAS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$133,640,641ExpenseAmt
Grant$2,530,654GrantAmt
Revenue$4,015,853RevenueAmt
DescCURATORIAL DEPARTMENTS, INCLUDING OPERATION OF THE CLOISTERS, CONSERVATION, CATALOGUING, AND SCHOLARLY PUBLICATIONS (INCLUDES FELLOWSHIP AWARDS AND TRAVEL STIPENDS IN THE AMOUNT OF $2,530,654) - SEE SCHEDULE O FOR MORE INFORMATIONDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$36,402,169ExpenseAmt
Revenue$1,232,600RevenueAmt
DescACQUISITIONS AND SALES OF ART - SEE SCHEDULE O FOR MORE INFORMATIONDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$15,266,218ExpenseAmt
Revenue$270,769RevenueAmt
DescEDUCATION PROGRAMS AND MUSEUM LIBRARIES - SEE SCHEDULE O FOR MORE INFORMATIONDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)

ExpenseExpenseAmtDescDescRevenueRevenueAmt
$13,348,835OPERATING SERVICES
$10,164,486SPECIAL EXHIBITIONS
$2,810,745ALL OTHER SUPPORT SERVICES-$4,675,303
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$26,324,066TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue-$4,675,303TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$211,633,094TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document570IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee2194EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryEGForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (true)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members50GoverningBodyVotingMembersCnt
Independent Voting Member48IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCONTROLLER'S OFFICEPersonNm
Phone2128795500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 FIFTH AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100280198ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (68 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Lauren A Meserve
SVP & Chief Investment Officer35.00.0Yes (X)$1,322,379$0$386,127
Daniel H Weiss
President, CEO, Ex-Off. Truste35.00.0Yes (X)$1,222,843$0$62,243Yes (X)
Max Hollein
Marina Kellen French Director35.00.0Yes (X)$1,116,274$0$53,246Yes (X)
Clyde B Jones III
SVP, Institutional Advancement35.00.0Yes (X)$517,522$0$49,635
Sharon H Cott
SVP, Secretary & Gen. Counsel35.00.0Yes (X)$454,796$0$61,856
Jameson Kelleher
SVP, Fin & Ops, CFO, Treasurer35.00.0Yes (X)$459,598$0$50,247
Laurel Britton
SVP, Revenue & Ops. to 2/2135.00.0Yes (X)$460,971$0$38,150
Tom Javits
VP Construct/Facility to 11/2035.00.0Yes (X)$406,538$0$50,211
Allison Rutledge-Parisi
VP Chief HR Officer to 1/2135.00.0Yes (X)$374,401$0$52,459
Quincy Houghton
Deputy Dir for Exhibitions35.00.0Yes (X)$356,996$0$61,573
Kenneth Weine
VP Ex. Affairs/Chief Comms Off35.00.0Yes (X)$344,418$0$53,147
Keith R Christiansen
Chairman, European Paintings35.00.0$323,341$0$56,266Yes (X)
Stephen A Manzi
Chief Dev Off, Indiv Giving35.00.0$321,056$0$56,820Yes (X)
Michael B Gallagher
Conservation Chairman35.00.0$312,516$0$61,286Yes (X)
Andrea Bayer
Deputy Dir, Collections/Admin35.00.0Yes (X)$311,677$0$56,597
Stephen Martin Mannello
GMM & Head of Retail35.00.0$315,484$0$44,367Yes (X)
Keith Prewitt
Chief Security Officer35.00.0$308,285$0$33,827Yes (X)
Inka Drogemuller
Dep Dir Digital/Edu/Pub/Lbrary35.00.0Yes (X)$306,665$0$31,777
Daniel Brodsky
Elective Trustee/Chair to 1/215.00.0Yes (X)$0$0$0Yes (X)
Candace K Beinecke
Elective Trustee/Co-Chair 1/215.00.0Yes (X)$0$0$0Yes (X)
Hamilton E James
Elective Trustee/Co-Chair 1/215.00.0Yes (X)$0$0$0Yes (X)
Richard L Chilton Jr
Elective Trustee & Vice Chair2.00.0Yes (X)$0$0$0Yes (X)
Lulu C Wang
Elect Trust/Vice Chair to 9/201.00.0Yes (X)$0$0$0Yes (X)
Charles N Atkins
Elective Trustee1.00.0$0$0$0Yes (X)
Debra Black
Elective Trustee1.00.0$0$0$0Yes (X)
Samantha Boardman
Elective Trustee2.00.0$0$0$0Yes (X)
James Breyer
Elective Trustee1.00.0$0$0$0Yes (X)
Wellington Z Chen
Elective Trustee1.00.0$0$0$0Yes (X)
Ursula Burns
Elective Trustee as of 3/211.00.0$0$0$0Yes (X)
N Anthony Coles
Elective Trustee2.00.0$0$0$0Yes (X)
Stephen M Cutler
Elective Trustee2.00.0$0$0$0Yes (X)
Blair Effron
Elective Trustee2.00.0$0$0$0Yes (X)
Mark Fisch
Elective Trustee2.00.0$0$0$0Yes (X)
Colvin W Grannum
Elective Trustee2.00.0$0$0$0Yes (X)
Jeffrey W Greenberg
Elective Trustee2.00.0$0$0$0Yes (X)
Amy Griffin
Elective Trustee as of 3/211.00.0$0$0$0Yes (X)
Caroline Diamond Harrison
Elective Trustee1.00.0$0$0$0Yes (X)
J Tomilson Hill
Elective Trustee1.00.0$0$0$0Yes (X)
Bonnie B Himmelman
Elective Trustee to 9/201.00.0$0$0$0Yes (X)
Jeff Himmelman
Elective Trustee as of 11/201.00.0$0$0$0Yes (X)
Ming Chu Hsu
Elective Trustee1.00.0$0$0$0Yes (X)
Michael ByungJu Kim
Elective Trustee1.00.0$0$0$0Yes (X)
Sacha Lainovic
Elective Trustee2.00.0$0$0$0Yes (X)
Philip F Maritz
Elective Trustee2.00.0$0$0$0Yes (X)
Howard Marks
Elective Trustee2.00.0$0$0$0Yes (X)
Catie Marron
Elective Trustee1.00.0$0$0$0Yes (X)
Bijan Mossavar-Rahmani
Elective Trustee2.00.0$0$0$0Yes (X)
Dasha Zhukova Niarchos
Elective Trustee1.00.0$0$0$0Yes (X)
Jeffrey M Peek
Elective Trustee2.00.0$0$0$0Yes (X)
Gina Peterson
Elective Trustee1.00.0$0$0$0Yes (X)
Edward N Pick
Elective Trustee1.00.0$0$0$0Yes (X)
John Pritzker
Elective Trustee1.00.0$0$0$0Yes (X)
Sir Paul Ruddock
Elective Trustee1.00.0$0$0$0Yes (X)
Alejandro Santo Domingo
Elective Trustee2.00.0$0$0$0Yes (X)
Karen Patton Seymour
Elective Trustee as of 5/211.00.0$0$0$0Yes (X)
Andrew Solomon
Elective Trustee1.00.0$0$0$0Yes (X)
Beatrice Stern
Elective Trustee1.00.0$0$0$0Yes (X)
Gaby Sulzberger
Elective Trustee1.00.0$0$0$0Yes (X)
Ann G Tenenbaum
Elective Trustee1.00.0$0$0$0Yes (X)
Merryl H Tisch
Elective Trustee1.00.0$0$0$0Yes (X)
Mathew M Wambua
Elective Trustee1.00.0$0$0$0Yes (X)
David S Winter
Elective Trustee as of 3/211.00.0$0$0$0Yes (X)
Dame Anna Wintour
Elective Trustee1.00.0$0$0$0Yes (X)
Bill de Blasio
Ex-Officio Trustee1.00.0$0$0$0Yes (X)
Corey Johnson
Ex-Officio Trustee1.00.0$0$0$0Yes (X)
Mitchell J Silver
Ex-Officio Trustee1.00.0$0$0$0Yes (X)
Gonzalo Casals
Ex-Officio Trustee1.00.0$0$0$0Yes (X)
Scott Stringer
Ex-Officio Trustee1.00.0$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$9,235,760TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,259,834TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K348IndivRcvdGreaterThan100KCnt
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
SKANSKA USA BUILDING INC
389 Interpace Parkway 5th FlPARSIPPANYNJ07054Construction Manager$28,465,025
SHAWMUT DESIGN AND CONSTRUCTION
506 Harrison AvenueBOSTONMA02118Construction Manager$2,269,307
BEYER BLINDER BELLE ARCHITECTS
120 BroadwayNEW YORKNY10271ARCHITECTURE SERVICE$2,153,552
KNIGHT ELECTRICAL SERVICES CORP
599 11th AvenueNEW YORKNY10036ELECTRICIAN$2,096,481
Atrium Staffing LLC
625 Liberty Ave Suite 200PITTSBURGHPA15222TEMPORARY STAFFING$1,502,878
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K68CntrctRcvdGreaterThan100KCnt
Membership Dues$18,990,246MembershipDuesAmt
Fundraising$533,520FundraisingAmt
Government Grants$6,325,708GovernmentGrantsAmt
All Other Contributions$168,370,217AllOtherContributionsAmt
Noncash Contributions$15,104,146NoncashContributionsAmt
Total Contributions$194,219,691TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
EDUCATIONAL PRGMS, CONCERTS & LECTURES532000$4,286,597$4,286,597
PHOTO RENTALS & FILM FEES532000$149,203$149,203
FieldValueIRS element (for citing)
Total Program Service Revenue$4,435,800TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$31,447,165TotalRevenueColumnAmt
Unrelated Business Revenue-$5,048,101UnrelatedBusinessRevenueAmt
Exclusion$36,495,266ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

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

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$7,635TotalRevenueColumnAmt
Exclusion$7,635ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

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

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

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

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,269,896,199SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$961,807,534SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$308,088,665SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$308,088,665TotalRevenueColumnAmt
Exclusion$308,088,665ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$533,520ContriRptFundraisingEventAmt
Fundraising Direct Expenses$152,555FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$152,555TotalRevenueColumnAmt
Exclusion-$152,555ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$22,537,103GrossSalesOfInventoryAmt
Cost Of Goods Sold$27,430,151CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$4,893,048TotalRevenueColumnAmt
Related Or Exempt Func Income-$4,824,481RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$68,567UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PARKING GARAGE812930$1,623,976$1,623,976
RESTAURANT722511$470,088$470,088
PROCEEDS FROM SALE OF ART900099$1,232,600$1,232,600
FieldValueIRS element (for citing)
Other Revenue Total$3,326,664OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$536,480,017TotalRevenueColumnAmt
Related Or Exempt Func Income$694,716RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$4,967,465UnrelatedBusinessRevenueAmt
Exclusion$346,533,075ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$2,491,071TotalAmt
Program Services$2,491,071ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$39,583TotalAmt
Program Services$39,583ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$7,688,732TotalAmt
Program Services$2,091,612ProgramServicesAmt
Management And General$4,735,180ManagementAndGeneralAmt
Fundraising$861,940FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$120,465,968TotalAmt
Program Services$60,303,865ProgramServicesAmt
Management And General$53,226,986ManagementAndGeneralAmt
Fundraising$6,935,117FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$9,633,524TotalAmt
Program Services$4,700,844ProgramServicesAmt
Management And General$4,347,396ManagementAndGeneralAmt
Fundraising$585,284FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$49,019,182TotalAmt
Program Services$19,865,682ProgramServicesAmt
Management And General$26,680,102ManagementAndGeneralAmt
Fundraising$2,473,398FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$7,705,309TotalAmt
Program Services$3,759,939ProgramServicesAmt
Management And General$3,477,235ManagementAndGeneralAmt
Fundraising$468,135FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,248,194TotalAmt
Program Services$103,298ProgramServicesAmt
Management And General$1,144,896ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$724,668TotalAmt
Management And General$724,668ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$83,700TotalAmt
Fundraising$83,700FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$23,080,231TotalAmt
Management And General$23,080,231ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,947,146TotalAmt
Program Services$5,272,667ProgramServicesAmt
Management And General$234,207ManagementAndGeneralAmt
Fundraising$440,272FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$5,843,362TotalAmt
Program Services$397,535ProgramServicesAmt
Management And General$3,711,795ManagementAndGeneralAmt
Fundraising$1,734,032FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$14,570,159TotalAmt
Program Services$12,027,865ProgramServicesAmt
Management And General$2,219,791ManagementAndGeneralAmt
Fundraising$322,503FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,243,453TotalAmt
Program Services$369,967ProgramServicesAmt
Management And General$2,750,139ManagementAndGeneralAmt
Fundraising$123,347FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,462,510TotalAmt
Program Services$2,280,414ProgramServicesAmt
Management And General$3,181,856ManagementAndGeneralAmt
Fundraising$240FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$288,197TotalAmt
Program Services$239,859ProgramServicesAmt
Management And General$45,315ManagementAndGeneralAmt
Fundraising$3,023FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$268,889TotalAmt
Program Services$124,014ProgramServicesAmt
Management And General$76,555ManagementAndGeneralAmt
Fundraising$68,320FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$13,716,305TotalAmt
Program Services$10,357,308ProgramServicesAmt
Management And General$3,183,012ManagementAndGeneralAmt
Fundraising$175,985FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$47,625,904TotalAmt
Program Services$42,326,459ProgramServicesAmt
Management And General$5,028,675ManagementAndGeneralAmt
Fundraising$270,770FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,441,493TotalAmt
Program Services$902,594ProgramServicesAmt
Management And General$1,538,899ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PURCHASES OF ART$36,402,169$36,402,169
RESTAURANT SERVICES & SUPPLIES$5,525$162$5,363
REPAIRS & MAINTENANCE$9,293,194$7,055,514$2,114,758$122,922
CATERING SERVICES$475,131$297,625$105,375$72,131

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,214,231TotalAmt
Program Services$223,048ProgramServicesAmt
Management And General$908,102ManagementAndGeneralAmt
Fundraising$83,081FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$368,977,830TotalAmt
Program Services$211,633,094ProgramServicesAmt
Management And General$142,520,536ManagementAndGeneralAmt
Fundraising$14,824,200FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$107,537,254BOYAmt
EOY$41,261,138EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

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

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$132,149,424BOYAmt
EOY$145,804,192EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$8,401,423BOYAmt
EOY$12,833,160EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

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

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$8,716,108BOYAmt
EOY$5,052,707EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$11,058,394BOYAmt
EOY$4,734,662EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,234,545,039LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$864,840,678LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$370,204,709BOYAmt
EOY$369,704,361EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,713,133,698BOYAmt
EOY$3,363,947,067EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,142,402,533BOYAmt
EOY$1,593,650,696EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$37,350,200BOYAmt
EOY$51,567,009EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,530,953,743BOYAmt
EOY$5,588,554,992EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$74,133,698BOYAmt
EOY$90,861,179EOYAmt

Grants Payable GrantsPayableGrp

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

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$11,006,855BOYAmt
EOY$14,512,859EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$180,372,270BOYAmt
EOY$168,818,467EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

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

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$73,525,714BOYAmt
EOY$9,417,277EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$247,539,041BOYAmt
EOY$247,645,365EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$266,370,675BOYAmt
EOY$217,299,580EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$852,948,253BOYAmt
EOY$748,554,727EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,002,547,639BOYAmt
EOY$1,354,620,135EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,675,457,851BOYAmt
EOY$3,485,380,130EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,678,005,490BOYAmt
EOY$4,840,000,265EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,530,953,743BOYAmt
EOY$5,588,554,992EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$167,502,187ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$889,889,504NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$104,603,084OtherChangesInNetAssetsAmt
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$312,492,656CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$279,348,687CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$343,470,192CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$245,041,493CurrentTaxYearMinus1YearAmt
Current Tax Year$194,219,691CurrentTaxYearAmt
Total$1,374,572,719TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$14,667,793CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$17,908,833CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$16,194,609CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,685,720CurrentTaxYearMinus1YearAmt
Current Tax Year$12,711,126CurrentTaxYearAmt
Total$76,168,081TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$327,160,449CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$297,257,520CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$359,664,801CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$259,727,213CurrentTaxYearMinus1YearAmt
Current Tax Year$206,930,817CurrentTaxYearAmt
Total$1,450,740,800TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$132,918,432SubstantialContributorsTotAmt
Public Support Total170$1,317,822,368PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$39,412,992CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$44,924,524CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,146,385CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$50,863,902CurrentTaxYearMinus1YearAmt
Current Tax Year$36,502,901CurrentTaxYearAmt
Total$216,850,704TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$1,667,591,504TotalSupportAmt
Gross Receipts Rltd Activities$289,893,519GrossReceiptsRltdActivitiesAmt
Public Support CY1700.79026PublicSupportCY170Pct
Public Support PY1700.81160PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$27,036FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$354,142FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$381,178FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$396,179,361FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$396,560,539FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

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

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt
FieldValueIRS element (for citing)
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

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

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$342,708CurrentYearMinus3Amt
Current Year Minus2$321,647CurrentYearMinus2Amt
Current Year Minus1$313,323CurrentYearMinus1Amt
Current Year$381,179CurrentYearAmt
Total$1,358,857TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

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

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$20,948CurrentYearMinus3Amt
Current Year Minus2$18,759CurrentYearMinus2Amt
Current Year Minus1$19,000CurrentYearMinus1Amt
Current Year$27,036CurrentYearAmt
Total$85,743TotalAmt

Schedule D IRS990ScheduleD

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

CY Endwmt Fund CYEndwmtFundGrp

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

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,893,395,137BeginningYearBalanceAmt
Contributions$39,032,474ContributionsAmt
Investment Earnings Or Losses$330,683,094InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,156,563GrantsOrScholarshipsAmt
Other Expenditures$118,020,305OtherExpendituresAmt
End Year Balance$3,141,933,837EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,523,689,299BeginningYearBalanceAmt
Contributions$106,501,247ContributionsAmt
Investment Earnings Or Losses$388,580,757InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,998,554GrantsOrScholarshipsAmt
Other Expenditures$122,377,612OtherExpendituresAmt
End Year Balance$2,893,395,137EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.28880BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.71120PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

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

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$41,482,150OtherCostOrOtherBasisAmt
Depreciation$31,480,249DepreciationAmt
Book Value$10,001,901BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,136,894,595OtherCostOrOtherBasisAmt
Depreciation$787,739,651DepreciationAmt
Book Value$349,154,944BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$55,153,294OtherCostOrOtherBasisAmt
Depreciation$45,620,778DepreciationAmt
Book Value$9,532,516BookValueAmt
FieldValueIRS element (for citing)
Other Land BuildingsOtherLandBuildingsGrp
Total Book Value Land Buildings$369,704,361TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
PRIVATE EQUITY$1,121,462,019F
REAL ASSETS$472,188,677F
FieldValueIRS element (for citing)
Total Book Value Securities$1,593,650,696TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
ANNUITY & SPLIT-INT OBLIGS.$16,819,682
PENSION AND OTHER ACCRUED RTRM$191,850,178
LEASE LIABILITY$8,629,720
FieldValueIRS element (for citing)
Total Liability$217,299,580TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$404,287,065TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$889,889,504NetUnrealizedGainsInvstAmt
Other Revenue$12,711,125OtherRevenueAmt
Revenue Not Reported$902,600,629RevenueNotReportedAmt
Revenue Subtotal-$498,313,564RevenueSubtotalAmt
Other Revenues Not Included$1,034,793,581OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,034,793,581RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$536,480,017TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$284,375,630TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$40,293,835OtherExpensesIncludedAmt
Expenses Not Reported$40,293,835ExpensesNotReportedAmt
Expenses Subtotal$244,081,795ExpensesSubtotalAmt
Other Expenses Not Included$124,896,035OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$124,896,035ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$368,977,830TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART III, LINE 1ASFAS 116 FOOTNOTE IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTIONS HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF ART OBJECTS ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PURCHASES OF ART OBJECTS BY THE MUSEUM ARE RECORDED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. PURSUANT TO STATE LAW AND MUSEUM POLICY, PROCEEDS FROM THE SALE OF ART AND RELATED INSURANCE SETTLEMENTS ARE RECORDED AS TEMPORARILY RESTRICTED NET ASSETS FOR THE ACQUISITION OF ART.
SCHEDULE D, PART III, LINE 4DESCRIPTION OF ORGANIZATION'S COLLECTIONS & FURTHERANCE OF EXEMPT PURPOSE THE MUSEUM'S WORLD-CLASS ART COLLECTION SPANS THE GLOBE AND RANGES IN DATE FROM ANCIENT TO CONTEMPORARY ART. IT OFFERS A SURVEY OF CONSIDERABLE BREADTH OF ART FROM THE ANCIENT CIVILIZATIONS OF ASIA, AFRICA, SOUTH AMERICA, THE PACIFIC ISLANDS, EGYPT, THE NEAR EAST, AND GREECE AND ROME TO THE PRESENT TIME. THE MUSEUM'S COLLECTIONS INCLUDE EUROPEAN PAINTINGS, MEDIEVAL ART AND ARCHITECTURE, ARMS AND ARMOR, PRINTS, PHOTOGRAPHS, DRAWINGS, COSTUMES, MUSICAL INSTRUMENTS, SCULPTURE, TEXTILES, AND DECORATIVE ARTS FROM THE RENAISSANCE TO THE PRESENT TIME, AS WELL AS ONE OF THE FOREMOST COLLECTIONS OF AMERICAN ART IN THE WORLD. THE MUSEUM ALSO MAINTAINS SOME OF THE MOST COMPREHENSIVE ART AND ARCHITECTURE LIBRARIES IN THE UNITED STATES. THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN.
SCHEDULE D, PART V, LINE 3A & 4INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: THE MUSEUM'S ENDOWMENT FUNDS ARE INTENDED TO SUPPORT EDUCATIONAL PROGRAMS, SCHOLARLY RESEARCH AND PUBLICATIONS, ACQUISITIONS OF WORKS OF ART, CONSERVATION OF WORKS OF ART, SPECIAL EXHIBITS OF INTEREST TO THE PUBLIC, MAINTENANCE AND EXPANSION OF GALLERIES, AND GENERAL OPERATING SUPPORT FOR MUSEUM EXPENSES.
SCHEDULE D, PART XI, LINE 1AUDITED FINANCIAL STATEMENTS INCLUDE $245,358,520 FROM OPERATING ACTIVITIES AND $158,928,545 FROM NON-OPERATING ACTIVITIES FOR REVENUE, GAINS AND OTHER SUPPORT. TOTAL PART XI, LINE 1 $404,287,065.
SCHEDULE D, PART XI, LINE 2DRECONCILING ITEMS FOR REVENUE INCLUDE THE FOLLOWING: FEDERAL INDEMNIFICATION 69,382 UTILITIES PROVIDED BY THE CITY OF NEW YORK 12,641,744 OTHER ADJUSTMENTS (1) ----------- TOTAL 12,711,125
SCHEDULE D, PART XI, LINE 4BRECONCILING ITEMS FOR REVENUE INCLUDE THE FOLLOWING: MANAGEMENT FEES AND OTHER INVESTMENT EXPENSES 22,863,603 EXCESS INVESTMENT RETURN 1,043,233,260 COST OF SALES (27,430,151) FUNDRAISING EVENTS (152,555) PROCEEDS FROM SALE OF ART 1,232,600 2015 BOND PROCEEDS 145,145 CORPORATE SPECIAL EVENTS 169,361 MUSEUM LOANS (219,581) PARTNERSHIP UBIT (5,048,101) ------------ TOTAL 1,034,793,581
SCHEDULE D, PART XII, LINE 2DRECONCILING ITEMS FOR EXPENSES INCLUDE THE FOLLOWING: COST OF SALES 27,430,151 FUNDRAISING EVENTS 152,555 FEDERAL INDEMNIFICATION 69,382 UTILITIES PROVIDED BY THE CITY OF NEW YORK 12,641,744 OTHER ADJUSTMENTS 3 ------------ TOTAL 40,293,835
SCHEDULE D, PART XII, LINE 4BRECONCILING ITEMS FOR EXPENSES INCLUDE THE FOLLOWING: DEPRECIATION AND MISCELLANEOUS NON-CAPITAL EXPENSES 44,759,667 PURCHASES OF ART 36,402,169 MANAGEMENT FEES AND OTHER INVESTMENT INCOME 22,863,603 INVESTMENT EXPENSES ON THE SERIES 2015 BOND 216,629 CORPORATE SPECIAL EVENTS 169,361 MUSEUM LOANS (219,581) EFFECT OF INTEREST RATE SWAP 12,396,100 NET PERIODIC PENSION AND POST RETIREMENT BENEFIT COST 8,308,087 ----------- TOTAL 124,896,035

Schedule F IRS990ScheduleF

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

Account Activities Outside US AccountActivitiesOutsideUSGrp (9 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
Europe (Including Iceland and Greenland)Grantmaking$39,583
Europe (Including Iceland and Greenland)Program Services$225,587RESEARCH & EXHIBITIONS
East Asia and the PacificProgram Services$58,855RESEARCH & EXHIBITIONS
South AsiaProgram Services$3,341RESEARCH & EXHIBITIONS
South AmericaProgram Services$272RESEARCH & EXHIBITIONS
Middle East and North AfricaProgram Services$5,500RESEARCH & EXHIBITIONS
North AmericaProgram Services$5,000RESEARCH & EXHIBITIONS
Central America and the CaribbeanInvestments$1,433,641,200
Europe (Including Iceland and Greenland)Investments$37,830,176
FieldValueIRS element (for citing)
Subtotal Spent$1,471,809,514SubtotalSpentAmt
Total Spent$1,471,809,514TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceT. Rousseau FellowshipTypeOfAssistanceTxt
RegionEurope (Including Iceland and Greenland)RegionTxt
Recipient1RecipientCnt
Cash Grant$39,583CashGrantAmt
Manner Of Cash DisbursementCHECKMannerOfCashDisbursementTxt
Description Of Non Cash AsstN/ADescriptionOfNonCashAsstTxt
Valuation Method UsedN/AValuationMethodUsedDesc
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMONITORING PROCEDURES - FORM 990, SCHEDULE F, PART I, LINE 2FormAndLineReferenceDesc
ExplanationThe Museum awards grants, educational travel stipends and fellowships on an objective and nondiscriminatory basis. A Grants Committee, comprised of Museum curators, conservators, educators, scientists and librarians make selections based upon competitive written applications. The purpose of the grants is to provide an opportunity for the grantees to conduct research, extend their professional knowledge and contribute to their respective fields at large. To the best of the Museum's knowledge none of the recipients of the grants or fellowships are related to any person such as a trustee, an officer, or a key person of the Museum. Every grantee is assigned a specific supervisor at the start of the grantee's fellowship period. The supervisor is either a curator, conservator or scientist from the department hosting the individual grantee. The grantee and supervisor are in contact throughout the year and discuss all of the details of the grantee's research work. In addition, the Academic and Professional Programs Office, which is responsible for all of the fellows, requires periodic updates on the grantee's research.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraiser Activity Info FundraiserActivityInfoGrp

FieldValueIRS element (for citing)
PersonDONOR SERVICES GROUPPersonNm
ActivityTELE- MARKETINGActivityTxt
Fundraiser Control Of FundsfalseFundraiserControlOfFundsInd
FieldValueIRS element (for citing)
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Costume InstitEvent1Nm
Other Direct Expenses Event1$118,980OtherDirectExpensesEvent1Amt
Event2RE Council BenEvent2Nm
Gross Receipts Event2$533,520GrossReceiptsEvent2Amt
Charitable Contri Event2$533,520CharitableContriEvent2Amt
Other Direct Expenses Event2$568OtherDirectExpensesEvent2Amt
Other Events Total6OtherEventsTotalCnt
Oth Direct Expnss Other Events$33,006OthDirectExpnssOtherEventsAmt
Gross Receipts Total$533,520GrossReceiptsTotalAmt
Charitable Contributions Tot$533,520CharitableContributionsTotAmt
Oth Direct Expnss Total Events$152,554OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$152,554DirectExpenseSummaryEventsAmt
Net Income Summary-$152,554NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE G, PART II, LINE 11 AND FORM 990, PART VIII, LINE 8FormAndLineReferenceDesc
ExplanationPLEASE NOTE THAT THE MET DID NOT HOLD ANY FUNDRAISING EVENTS IN FISCAL YEAR 2021 DUE TO COVID-19 RELATED RESTRICTIONS. THE $533,520 OF CONTRIBUTIONS PRESENTED ON SCHEDULE G, PART II, LINE 1 REPRESENT OUTRIGHT DONATIONS GIVEN BY PAST PARTICIPANTS TO THE REAL ESTATE COUNCIL BENEFIT. ALL DONORS WERE SOLICITED VIA A MAIL-IN APPEAL. THE $152,555 LOSS ON FORM 990, PART VIII, LINE 8(C) EXCLUDES THE $533,520 OF CONTRIBUTIONS, WHICH IF INCLUDED, WOULD RESULT IN A NET SURPLUS OF $380,965.ExplanationTxt

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (21 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
The Bothmer Fellowship2$46,500N/AN/A
Sylvan C. and Pam Coleman Memorial Fellowship6$92,750N/AN/A
Chester Dale Fellowship5$96,791N/AN/A
Annette de la Renta Fellowship1$6,667N/AN/A
The Douglass Foundation Fellowship1$43,042N/AN/A
Andrew W. Mellon Art History Fellowship11$285,125N/AN/A
Andrew W. Mellon Conservation Fellowship10$236,142N/AN/A
Andrew W. Mellon Postdoctoral Curatorial Fellowshi4$173,873N/AN/A
Andrew W. Mellon Collection Specialist Fellowship5$266,863N/AN/A
Research Scholarship in Photograph Conservation Fe1$56,500N/AN/A
J.Clawson Mills Fellowship5$159,000N/AN/A
Slifka Foundation Fellowship1$25,000N/AN/A
Hanns Swarzenski and Brigitte Horney Fellowship2$46,500N/AN/A
Jane and Morgan Whitney Fellowship12$257,500N/AN/A
Polaire Weissman Fellowship1$46,500N/AN/A
Leonard A. Lauder Fellowships in Modern Art8$323,688N/AN/A
Mellon Supplemental Fellowship Funds76$231,196N/AN/A
Hagop Kevorkian Fellowship1$29,267N/AN/A
Gerald and May Ritter Memorial Fund Fellowship1$47,917N/AN/A
Vilchek Fellowship2$13,583N/AN/A
De La Renta Fellowship1$6,667N/AN/A

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMONITORING PROCEDURES - FORM 990, SCHEDULE I, PART I, LINE 2FormAndLineReferenceDesc
ExplanationThe Museum awards grants, educational travel stipends and fellowships on an objective and nondiscriminatory basis. A Grants Committee, comprised of Museum curators, conservators, educators, scientists and librarians, make selections based upon competitive written applications. The purpose of the grants is to provide an opportunity for the grantees to conduct research, extend their professional knowledge and contribute to their respective fields at large. To the best of the Museum's knowledge, none of the recipients of the grants or fellowships are related to any person such as a trustee, an officer, or a key employee of the Museum. Every grantee is assigned a specific supervisor at the start of the grantee's fellowship period. The supervisor is either a curator, conservator or scientist from the department hosting the individual grantee. The grantee and supervisor are in contact throughout the year and discuss all of the details of the grantee's research work. In addition, the Academic and Professional Programs Office which is responsible for all of the fellows requires periodic updates on the grantees' research.ExplanationTxt

Schedule J IRS990ScheduleJ

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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Lauren A Meserve
SVP & Chief Investment Officer$639,142$0$681,225$0$2,012$0$376,320$0$9,807$0$1,708,506$0$344,646$0
Daniel H Weiss
President, CEO, Ex-Off. Truste$958,219$0$0$264,624$0$39,746$0$22,497$0$1,285,086$0$0$0
Max Hollein
Marina Kellen French Director$914,342$0$0$201,932$0$31,350$0$21,896$0$1,169,520$0$0$0
Clyde B Jones III
SVP, Institutional Advancement$509,998$0$0$7,524$0$39,746$0$9,889$0$567,157$0$0$0
Sharon H Cott
SVP, Secretary & Gen. Counsel$447,712$0$0$7,084$0$39,746$0$22,110$0$516,652$0$0$0
Jameson Kelleher
SVP, Fin & Ops, CFO, Treasurer$454,161$0$0$5,437$0$39,746$0$10,501$0$509,845$0$0$0
Laurel Britton
SVP, Revenue & Ops. to 2/21$453,451$0$0$7,520$0$35,823$0$2,327$0$499,121$0$0$0
Tom Javits
VP Construct/Facility to 11/20$325,635$0$0$80,903$0$30,346$0$19,865$0$456,749$0$0$0
Allison Rutledge-Parisi
VP Chief HR Officer to 1/21$370,815$0$0$3,586$0$31,260$0$21,199$0$426,860$0$0$0
Quincy Houghton
Deputy Dir for Exhibitions$353,533$0$0$3,463$0$39,746$0$21,827$0$418,569$0$0$0
Kenneth Weine
VP Ex. Affairs/Chief Comms Off$342,601$0$0$1,817$0$31,350$0$21,797$0$397,565$0$0$0
Keith R Christiansen
Chairman, European Paintings$308,078$0$0$15,263$0$35,046$0$21,220$0$379,607$0$0$0
Stephen A Manzi
Chief Dev Off, Indiv Giving$312,112$0$0$8,944$0$35,280$0$21,540$0$377,876$0$0$0
Michael B Gallagher
Conservation Chairman$297,126$0$0$15,390$0$39,746$0$21,540$0$373,802$0$0$0
Andrea Bayer
Deputy Dir, Collections/Admin$302,755$0$0$8,922$0$35,001$0$21,596$0$368,274$0$0$0
Stephen Martin Mannello
GMM & Head of Retail$313,033$0$0$2,451$0$28,454$0$15,913$0$359,851$0$0$0
Keith Prewitt
Chief Security Officer$298,929$0$5,000$0$4,356$0$31,350$0$2,477$0$342,112$0$0$0
Inka Drogemuller
Dep Dir Digital/Edu/Pub/Lbrary$305,092$0$0$1,573$0$22,800$0$8,977$0$338,442$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE J, PART I, LINE 1APERSONAL HOUSING - FOR CALENDAR YEAR 2020, THE MUSEUM PROVIDED A HOUSING ALLOWANCE TO THE PRESIDENT AND CHIEF EXECUTIVE OFFICER, DANIEL WEISS AND TO THE DIRECTOR, MAX HOLLEIN. THESE ALLOWANCES WERE TREATED AS TAXABLE COMPENSATION.
SCHEDULE J, PART I, LINE 4BTHE FOLLOWING PERSONS PARTICIPATED IN OR RECEIVED PAYMENTS FROM A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN IN CALENDAR YEAR 2020: DANIEL WEISS - $107,100 MAX HOLLEIN - $50,000
SCHEDULE J, PART I, LINE 7PURSUANT TO THE MUSEUM'S INCENTIVE COMPENSATION PLAN FOR INVESTMENT STAFF, SENIOR VICE PRESIDENT AND CHIEF INVESTMENT OFFICER, LAUREN MESERVE, RECEIVED A BONUS PAYMENT OF $681,225, WHICH IS INCLUDED IN SCHEDULE J, PART II COLUMN B.
SCHEDULE J, PART II, COLUMN (C)COLUMN (C) INCLUDES DEFERRED COMPENSATION AS FOLLOWS: A BONUS PAYMENT FOR LAUREN MESERVE OF $344,646. THIS DEFERRED COMPENSATION MAY BE FORFEITED IF THE RECIPIENT LEAVES THE MUSEUM'S EMPLOYMENT BEFORE IT IS PAID. THE EXACT AMOUNT IS SUBJECT TO ADJUSTMENT BASED ON THE PERFORMANCE OF THE ENDOWMENT FUND.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY
A911882413649717NP62006-12-01$65,000,000PARTIAL FUNDING OF CAPITAL PROJECTfalsefalsefalse
Trust for Cultural Resources of the City of NY
B911882413649717NQ42006-12-01$65,000,000PARTIAL FUNDING OF CAPITAL PROJECTfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

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

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

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

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

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

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

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

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule K, Part III. Lines 4-6, Private Business and Unrelated UseFormAndLineReferenceDesc
ExplanationTHE MUSEUM PERFORMS A DETAILED PRIVATE BUSINESS AND UNRELATED USE CALCULATION. THE MUSEUM CALCULATED ITS PRIVATE BUSINESS AND UNRELATED USE FOR THE FISCAL YEAR ENDED JUNE 30, 2021 TO BE NEARLY 0% IN TAX EXEMPT BOND-FINANCED SPACE. THIS ANALYSIS EXCLUDES COST OF ISSUANCE.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution154ContributionCnt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp

Art Fractional Interest ArtFractionalInterestGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution9ContributionCnt
FieldValueIRS element (for citing)
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution193ContributionCnt
Noncash Contributions Rpt F990$14,517,926NoncashContributionsRptF990Amt
Method Of Determining RevenuesMkt Value- Gift DateMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp
Form8283 Received92Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE M, PART I, COLUMN (B)THE AMOUNTS SHOWN IN PART I, COLUMN (B) FOR "NUMBER OF CONTRIBUTIONS" REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS AND NOT NECESSARILY THE TOTAL NUMBER OF ITEMS CONTRIBUTED.
USE OF THIRD PARTIES - FORM 990, SCHEDULE M, PART I, LINE 32BThe Museum may, from time to time, sell art works acquired as non-cash contributions through third parties such as public auction houses, private dealers, or individuals. In each case, the Museum enters into a contract or agreement with the third party conducting or participating in the sale and adheres to its own published policy regarding such sales as well as applicable IRS laws and standards of accounting.
NON-REVENUE CONTRIBUTIONS - FORM 990, SCHEDULE M, PART I, LINE 33In accordance with FASB's SFAS 116, the Museum does not treat donations of property of the types described in Part I of Schedule M as revenue or capitalize its collections because they are used to support its non-profit educational mission, and, should the property be sold, proceeds from such sale would be used solely to acquire other items for the collection. These accounting standards are also endorsed by the American Alliance of Museums and the Association of Art Museum Directors, of which organizations the Museum is a member. Notwithstanding the foregoing, for a limited period of time, the Museum has adopted temporary guidelines promulgated by AAMD, in recognition of the impact of the COVID-19 crisis on art museums, that permit art museums, on a temporary basis until April 10, 2022, to use the proceeds from the sale of art for the direct care of a museum's collection (in addition to for the purchase of art). These temporary guidelines are set forth in the Museum's Collections Management Policy, which is available on the Museum's website. These temporary guidelines were adopted on March 2, 2021 and will expire on April 10, 2022.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (14 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III - PROGRAM SERVICESMISSION AND ACCOMPLISHMENTS THE METROPOLITAN MUSEUM OF ART WAS FOUNDED ON APRIL 13, 1870, WITH A STATEMENT OF PURPOSE THAT HAS GUIDED IT FOR OVER 140 YEARS: "TO BE LOCATED IN THE CITY OF NEW YORK, FOR THE PURPOSE OF ESTABLISHING AND MAINTAINING IN SAID CITY A MUSEUM AND LIBRARY OF ART, OF ENCOURAGING AND DEVELOPING THE STUDY OF THE FINE ARTS, AND THE APPLICATION OF ARTS TO MANUFACTURE AND PRACTICAL LIFE, OF ADVANCING THE GENERAL KNOWLEDGE OF KINDRED SUBJECTS, AND, TO THAT END, OF FURNISHING POPULAR INSTRUCTION." ON JANUARY 13, 2015, THE TRUSTEES OF THE METROPOLITAN MUSEUM OF ART REAFFIRMED THE ABOVE STATEMENT OF PURPOSE AND SUPPLEMENTED IT WITH THE FOLLOWING STATEMENT OF MISSION: "THE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES IN ORDER TO CONNECT PEOPLE TO CREATIVITY, KNOWLEDGE, AND IDEAS." WHEN THE METROPOLITAN MUSEUM OF ART REOPENED ITS DOORS TO THE PUBLIC ON AUGUST 29, 2020, AFTER FIVE MONTHS OF CLOSURE DUE TO THE COVID-19 PANDEMIC, IT WAS A SIGNAL TO THE WORLD THAT LIFE WAS RETURNING TO NEW YORK CITY AND THE MET. THE JOY AND GRATITUDE EXPRESSED BY OUR VISITORS AND MEMBERS WAS NEARLY OVERWHELMING, AND AS WE LOOK BACK ON THAT DAY AND THE FISCAL YEAR -- WITH ITS ACCOMPLISHMENTS AND RENEWED SENSE OF PURPOSE, AND WITH FEELINGS OF HOPE AND CAUTIOUS OPTIMISM -- WE ARE REMINDED THAT, FOR A MISSION-DRIVEN INSTITUTION SUCH AS THE MET, WITH RESILIENCE COMES RESPONSIBILITY. AUGUST 29, 2020, WAS A HISTORIC DAY FOR THE INSTITUTION AND IN MANY WAYS REPRESENTS THE BEGINNING OF A JOURNEY FOR THE ENTIRE MUSEUM. THE STEPS TAKEN IN FISCAL YEAR 2021, AT ALL LEVELS OF THE MET, OUTLINE A PATH THAT WILL ALLOW US TO GROW INTO A STRONGER, MORE DIVERSE MUSEUM THAT SERVES ALL COMMUNITIES -- ONE THAT IS A TESTAMENT TO BOTH THE POWER OF ART AND PERSEVERANCE OF HUMANITY. MANY OF THOSE STEPS, AS WELL AS OTHER ACHIEVEMENTS DURING THE YEAR, WOULD NOT HAVE BEEN POSSIBLE WITHOUT THE COMMITMENT AND DEDICATION DEMONSTRATED BY OUR SUPPORTERS, OUR BOARD OF TRUSTEES, AND, ESPECIALLY, OUR STAFF, WHOSE EFFORTS OVER THE PAST NINETEEN MONTHS HAVE BEEN NOTHING SHORT OF HEROIC. AS THREE MONTHS INTO A NEW FISCAL YEAR AND THE START OF OUR FALL SEASON, THE FRUITS OF THOSE COLLECTIVE EFFORTS ARE CLEAR: THE MET IS THRIVING, AND THE MOMENTUM IS PROMISING. ATTENDANCE HAS BEEN RISING STEADILY -- FROM ROUGHLY 3,000 VISITORS A DAY WHEN WE REOPENED TO MORE THAN 10,000 DAILY VISITORS LAST SPRING AND SUMMER -- AND WE ARE AGAIN OPEN ON TUESDAYS AND HAVE RESUMED FRIDAY AND SATURDAY EVENING HOURS. THROUGHOUT THE PANDEMIC, WE HAVE PRESENTED A HIGHLY AMBITIOUS PROGRAM OF EXHIBITIONS, AND THE MONTHS AHEAD ARE NO EXCEPTION. THIS FALL ALSO BRINGS THE RETURN OF MANY BELOVED MET ACTIVITIES, INCLUDING DOCENT TOURS, TALKS WITH CURATORS AND CONSERVATORS, AND LIVE ARTS IN-PERSON PERFORMANCES. THE COSTUME INSTITUTE BENEFIT ALSO RETURNED THIS SEPTEMBER, MARKING THE OPENING OF THE EXHIBITION IN AMERICA: A LEXICON OF FASHION, AND WAS A RESOUNDING SUCCESS IN SPITE OF THE RESTRICTIONS AND COMPLICATIONS IMPOSED BY THE PANDEMIC, THANKS TO THE EXTRAORDINARY TEAMWORK AMONG OUR STAFF. IN FISCAL YEAR 2021, THE MET'S MISSION -- TO CONNECT AUDIENCES TO CREATIVITY AND KNOWLEDGE; TO PROTECT AND PRESERVE THE INSTITUTION AND ITS MAGNIFICENT COLLECTION IN PERPETUITY; AND TO BE GOOD CITIZENS AND EXEMPLARY LEADERS IN OUR CURRENT TIMES -- SAW TREMENDOUS PROGRESS. AS WE MOVE FORWARD AND ADAPT TO A CHANGING WORLD, WE RECOGNIZE THE REMARKABLE PERIOD WE ARE IN. THE MET IS A MAGNIFICENT INSTITUTION -- HOME TO 5,000 YEARS OF CREATIVITY, WORLD-CLASS SCHOLARSHIP, AND INNOVATIVE PROGRAMMING THAT SPEAKS TO EVERYONE -- AND OUR EMBRACE OF THE OPPORTUNITIES PRESENTED BY THIS TRANSITIONAL TIME -- TO BECOME BETTER, STRONGER, AND A TRUE MUSEUM OF THE WORLD, FOR THE WORLD -- CAN BE SEEN IN ALL THAT WE ACCOMPLISHED IN FISCAL YEAR 2021. ON-SITE ATTENDANCE AFTER THE MUSEUM'S REOPENING ON AUGUST 29, 2020, WE WELCOMED APPROXIMATELY 1.2 MILLION VISITORS TO THE MET FIFTH AVENUE AND THE MET CLOISTERS IN FISCAL YEAR 2021 (THE MET CLOISTERS DREW 90,489 VISITORS). DESPITE THE SIGNIFICANT REDUCTION IN TOURISM THIS YEAR, THANKS TO OUR HIGHLY AMBITIOUS PROGRAM OF EXHIBITIONS AND EVENTS, THE MET SAW STRONG ATTENDANCE TRENDS. AS NOTED ABOVE, THE NUMBER OF VISITORS HAS BEEN RISING STEADILY -- FROM APPROXIMATELY 3,000 PER DAY WHEN WE REOPENED TO MORE THAN 10,000 DAILY IN SPRING AND SUMMER -- AND THE MUSEUM CONTINUES TO BE ONE OF NEW YORK'S MOST VISITED TOURIST ATTRACTIONS FOR DOMESTIC AND INTERNATIONAL AUDIENCES, DRAWING IN A WIDE RANGE OF PEOPLE. THE YEAR ALSO UNDERSCORED THE IMPORTANCE OF THE MET IN THE LIVES OF NEW YORKERS AND THOSE WHO LIVE IN THE TRISTATE AREA: LOCAL VISITORS FROM THE FIVE BOROUGHS MADE UP 63 PERCENT OF THE OVERALL ATTENDANCE THIS YEAR, AND 17 PERCENT WERE FROM THE TRISTATE AREA, WHILE INTERNATIONAL TOURISTS ACCOUNTED FOR 3 PERCENT OF VISITORS. THE IMPORTANCE OF OUR MEMBERS HAS ALSO BEEN UNDERSCORED: THIS YEAR, MEMBERS REPRESENT 25 PERCENT OF OUR VISITORS (USUALLY THE FIGURE IS ABOUT 10 PERCENT). ADDITIONALLY, IN A YEAR THAT SHOWED US MORE CLEARLY THAN EVER HOW IMPORTANT THE MET IS FOR THOSE WHO LIVE NEARBY, WE WERE HONORED, AS A CIVIC INSTITUTION, TO SERVE AS A VOTING SITE FOR THE 2021 NEW YORK CITY MAYORAL ELECTION PRIMARY IN JUNE. COMMITMENTS TO ANTI-RACISM AND DIVERSITY THE WORK THAT WE ACCELERATED IN 2020 TO CONFRONT THE REALITIES OF RACISM WITHIN OUR INSTITUTION AND ENACT REAL AND LASTING CHANGE CONTINUED APACE IN FISCAL YEAR 2021. IT INCLUDED THE APPOINTMENT IN JANUARY 2021 OF THE MUSEUM'S FIRST CHIEF DIVERSITY OFFICER, WHO OVERSEES OUR ONGOING DIVERSITY PROJECTS AND IS A KEY MEMBER OF THE MANAGEMENT TEAM, ENSURING THAT DIVERSITY AND EQUITY ARE AT THE CORE OF EVERY DECISION AT THE HIGHEST LEVEL OF THE MUSEUM. WHILE WE HAVE BEEN ENGAGED IN A DIVERSITY, EQUITY, INCLUSION, AND ACCESSIBILITY (DEIA) STRATEGIC PLAN FOR THE PAST SEVERAL YEARS, WE RECOGNIZED WE NEEDED TO REDOUBLE AND EXPAND OUR EFFORTS. IN JULY 2020, WE RELEASED OUR COMMITMENTS TO ANTIRACISM, DIVERSITY, AND A STRONGER COMMUNITY AS A COURSE OF ACTIONS THAT WOULD JUMP-START OUR DEIA WORK AND MEANINGFULLY MOVE THE MUSEUM FORWARD. MANY OF THE COMMITMENTS WERE FORMED THIS YEAR, WHILE OTHERS ARE PART OF ONGOING EFFORTS THAT WILL CONTINUE TO BUILD ON THE CRITICAL ACHIEVEMENTS TO DATE. SOME HIGHLIGHTS OF OUR WORK IN THIS AREA ARE SUMMARIZED HERE. IN FISCAL YEAR 2021, STAFF AT ALL LEVELS OF THE INSTITUTION RECEIVED ANTIRACISM TRAINING THROUGH WORKSHOPS THAT HELPED CREATE A SHARED UNDERSTANDING OF THE ISSUES OF BIAS AND DISCRIMINATION (THE VOLUNTEER ORGANIZATION WILL PARTICIPATE IN ANTIRACISM WORKSHOPS THIS FALL AND WINTER, AND WORKSHOPS FOR OUR TRUSTEES ARE IN THE PLANNING STAGE). WE FURTHERED OUR COMMITMENTS TO DIVERSIFYING STAFF BY IMPROVING OUR SEARCH PROCESS AND INVESTED IN BROADENING THE POOL OF FUTURE MUSEUM AND ARTS WORKERS -- THIS YEAR, OVER 50 PERCENT OF NEW HIRES FOR KEY ROLES ACROSS THE MUSEUM, INCLUDING DEPARTMENT HEADS, SENIOR MANAGERS, AND CURATORS, WERE PEOPLE OF COLOR, AND, THANKS TO A GENEROUS GIFT FROM ADRIENNE ARSHT, 100 PERCENT OF ALL UNDERGRADUATE AND GRADUATE INTERNSHIPS ARE NOW FULLY FUNDED, MAKING US A LEADER IN THE MUSEUM FIELD. IN THE COLLECTIONS AREA, WE CREATED AN ENDOWMENT DEDICATED TO THE ACQUISITION OF WORKS BY BIPOC ARTISTS IN OUR TWENTIETH- AND TWENTY-FIRST-CENTURY COLLECTIONS AND ARE RETHINKING OUR PERMANENT COLLECTION DISPLAYS TO HIGHLIGHT NEW NARRATIVES, AS SEEN IN THE REINSTALLATION OF THE EUROPEAN PAINTINGS GALLERIES, AMONG OTHERS. WE ARE ALSO PROUD OF THE MUSEUM'S WORK WITH NATIVE AMERICAN ART AND COMMUNITIES, THROUGH THE HIRING OF OUR FIRST CURATOR OF NATIVE AMERICAN ART, THE EVOLVING PRESENTATION OF THE CHARLES AND VALERIE DIKER COLLECTION AND OTHER RELATED EXHIBITIONS IN THE AMERICAN WING, THE LAND ACKNOWLEDGMENT PLAQUE THAT WE INSTALLED IN MAY, AND MORE. PLANNING IS UNDERWAY FOR EXHIBITIONS AND INSTALLATIONS THAT INCLUDE CRITICAL COLLABORATIONS WITH BIPOC SCHOLARS AND ARTISTS, AND WE ARE CONTINUING TO FURTHER HIGHLIGHT DIVERSE PERSPECTIVES AND EXPAND NARRATIVES IN ALL OF OUR PROGRAMMING -- FROM EDUCATIONAL TO DIGITAL, PUBLICATIONS, PERFORMANCES, LECTURES, EVENTS, AND MORE. THE EMPLOYEE RESOURCE GROUPS (ERGS), FORMED TO HELP FOSTER A MORE INCLUSIVE AND EQUITABLE EXPERIENCE OF WORKING AT THE MET, CONCLUDED THEIR PILOT YEAR, AND WE ARE WORKING WITH EACH GROUP TO ENSURE THEY HAVE WHAT THEY NEED TO CONTINUE FOSTERING COMMUNITY ACROSS THE MUSEUM. WE HAVE ALSO BEEN THINKING CRITICALLY ABOUT HOW WE ENGAGE WITH NEW YORK COMMUNITIES, AND LEADERS IN EDUCATION, THE DIVERSITY AND INCLUSION OFFICE, AND GOVERNMENT AFFAIRS ARE IN THE EARLY STAGES OF REDEFINING THE MUSEUM'S COMMUNITY OUTREACH EFFORTS TO GROW OUR AUDIENCES AND ENSURE WE ARE A MUSEUM WHERE ALL NEW YORKERS FEEL THEY BELONG.
AS WE LOOK AHEAD, WE ARE COMMITTED TO REFLECTING CRITICALLY ON OURPAST TO ENSURE A MORE JUST FUTURE FOR THE INSTITUTION. COMPLETING OUR FIRST COMMITMENT -- TO CREATE AN HONEST ASSESSMENT OF OUR HISTORY AND PRESENT PRACTICES -- WILL BE FUNDAMENTAL TO OUR FUTURE AS A MUSEUM DEDICATED TO THE WELL-BEING OF ALL. THIS WILL GET UNDERWAY IN THE FALL WITH THE FORMATION OF A WORKING GROUP THAT WILL DEVELOP THE SCOPE, METHODOLOGY, AND TIMELINE OF THE PROJECT. INVESTING IN DIVERSITY, EQUITY, INCLUSION, AND ACCESSIBILITY WILL ALSO FEATURE PROMINENTLY IN THE MET'S FIVE-YEAR PLAN, WHICH IS CURRENTLY IN DEVELOPMENT AND WILL BE FINALIZED BY JUNE 30, 2022.
FORM 990, PART III - PROGRAM SERVICESCOLLECTION AND ACQUISITIONS THE MUSEUM'S COLLECTION SPANS MORE THAN 5,000 YEARS OF HUMAN CREATIVITY. ITS BREADTH AND RELEVANCE ALLOW US TO DELIVER GROUNDBREAKING PROGRAMMING TO THE BROADEST POSSIBLE AUDIENCE. THE MET COLLECTION WAS EXPANDED IN FISCAL YEAR 2021 BY A NUMBER OF KEY ACQUISITIONS; THE YEAR WAS ALSO NOTABLE FOR THE STRIDES WE MADE IN OUR EFFORTS TO MORE RIGOROUSLY COLLECT WORK BY UNDERREPRESENTED ARTISTS AND TO FURTHER OUR PROGRESS IN DIVERSIFYING THE NARRATIVES WE TELL. IN PARALLEL, THE LIBRARIES HAVE UNDERGONE SIGNIFICANT EFFORTS TO ASSESS AND EXPAND BLACK REPRESENTATION IN THEIR COLLECTIONS AND ARE CURRENTLY REPLICATING THIS MODEL TO OTHER MARGINALIZED DEMOGRAPHICS, INCLUDING LGBTQAI+ AND INDIGENOUS, LATINX, AND OTHER NON-WHITE ARTISTS. SEVERAL NEW ACQUISITIONS OF WORKS OF ART ARE CALLED OUT HERE, AND MANY ARE ALSO EXPLORED ONLINE. KEY ACQUISITIONS INCLUDED: FOR THE AMERICAN WING, AN EXCEPTIONAL LACQUERWARE TRAY (BATEA) BY INDIGENOUS ARTIST JOS MANUEL DE LA CERDA, ACTIVE IN PTZCUARO (MICHOACN) IN WEST-CENTRAL MEXICO IN THE MID-EIGHTEENTH CENTURY; FOR THE DEPARTMENT OF ASIAN ART, A GROUP OF SCHOLARLY OBJECTS (WRIST RESTS AND FOLDING FANS) BY JIN XIYA (1890-1979), THE FINEST BAMBOO ARTIST ACTIVE IN TWENTIETH-CENTURY CHINA; FOR THE DEPARTMENT OF EUROPEAN PAINTINGS, A PAINTING BY HENDRICK TER BRUGGHEN, ROMAN CHARITY, DATED 1623, A MASTER-PIECE OF THE MOVEMENT KNOWN AS CARAVAGGISM, WHICH EMPHASIZED DRAMATIC LIGHTING AND VIVID NARRATIVES WITH COMPLEX MORAL LESSONS; FOR THE DEPARTMENT OF EUROPEAN SCULPTURE AND DECORATIVE ARTS, THE ORPHEUS CUP (CA. 1600 AND 1641-42), A RARE ACHIEVEMENT OF FOUR ARTISANS WORKING FOR THE IMPERIAL COURTS IN PRAGUE AND VIENNA; FOR THE DEPARTMENT OF MEDIEVAL ART AND THE CLOISTERS, AN ICON TYPE THAT EMBODIES THE CROSS-CULTURAL CURRENTS OF THE THIRTEENTH CENTURY, WHEN CRUSADER ARTISTS COMING FROM ACROSS EUROPE TO THE EAST MET ARTISTS WORKING IN THE BYZANTINE TRADITION OF THE ORTHODOX CHURCH; AND FOR THE DEPARTMENT OF MODERN AND CONTEMPORARY ART, TWO WORKS-A PAINTING BY CHARLES ALSTON (1907-1977), A FOUNDATIONAL FIGURE OF THE HARLEM RENAISSANCE, TITLED GIRL IN A RED DRESS, AND A PIVOTAL PAINTING BY URUGUAYAN ARTIST JOAQUN TORRES-GARCA (1874-1949), TITLED PINTURA CONSTRUCTIVA. EXHIBITIONS AND PUBLICATIONS DESPITE ARDUOUS SCHEDULING CHALLENGES BROUGHT ON BY THE PANDEMIC, OUR EXHIBITIONS TEAM MOVED ENERGETICALLY FORWARD AND MOUNTED THIRTY-TWO EXHIBITIONS AND INSTALLATIONS IN FISCAL YEAR 2021. MANY OF THE MUCH-ANTICIPATED SPRING SHOWS THAT WERE CANCELED IN EARLY 2020 DUE TO THE PANDEMIC WERE ON VIEW WHEN WE REOPENED ON AUGUST 29, 2020, AND THE LINEUP CONTINUED UNDIMINISHED. THE MUSEUM MOUNTED SMALL COLLECTION-FOCUSED PRESENTATIONS, MIDSIZE THEMED EXPLORATIONS, AND MAJOR LOAN EXHIBITIONS, MANY OF WHICH SPOKE DIRECTLY TO THE CHALLENGES AND ISSUES OF OUR TIME. THE FOLLOWING EXHIBITIONS WERE AMONG THE HIGHLIGHTS IN FISCAL YEAR 2021: A TIMELY NEW WORK OF ART ON OUR FIFTH AVENUE FAADE, YOKO ONO'S DREAM TOGETHER; MAKING THE MET, 1870-2020; JACOB LAWRENCE: THE AMERICAN STRUGGLE; THE ROOF GARDEN COMMISSION: HCTOR ZAMORA, "LATTICE DETOUR GERHARD RICHTER: THE BIRKENAU PAINTINGS (2014); PICTURES, REVISITED; ABOUT TIME: FASHION AND DURATION; ART FOR THE COMMUNITY: THE MET'S CIRCULATING TEXTILE EXHIBITIONS, 1933-42; JAMES NARES: "STREET EMPERORS, ARTISTS, AND INVENTORS: TRANSFORMATIVE GIFTS OF FINE ARMS AND ARMOR; CELEBRATING THE YEAR OF THE OX; MASTERS AND MASTERPIECES: CHINESE ART FROM THE FLORENCE AND HERBERT IRVING COLLECTION; GEORG BASELITZ: PIVOTAL TURN; GOYA'S GRAPHIC IMAGINATION; SHAPES FROM OUT OF NOWHERE: CERAMICS FROM THE ROBERT A. ELLISON JR. COLLECTION; THE FACADE COMMISSION: CAROL BOVE, "THE SANCES AREN'T HELPING JAPAN: A HISTORY OF STYLE; ALICE NEEL: PEOPLE COME FIRST; BODHISATTVAS OF WISDOM, COMPASSION, AND POWER; KARL BODMER: NORTH AMERICAN PORTRAITS; THE ROOF GARDEN COMMISSION: ALEX DA CORTE, "AS LONG AS THE SUN LASTS THE GOOD LIFE: COLLECTING LATE ANTIQUE ART AT THE MET; THE MEDICI: PORTRAITS AND POLITICS, 1512-1570; AND A NEW LOOK AT OLD MASTERS, PART OF THE EUROPEAN PAINTINGS SKYLIGHTS PROJECT. ADDITIONALLY, SELECTIONS FROM OUR COLLECTION OF EUROPEAN MASTERPIECES TRAVELED TO BRISBANE, AUSTRALIA, FOR THE EXHIBITION EUROPEAN MASTERPIECES FROM THE METROPOLITAN MUSEUM OF ART, WHICH OPENED IN JUNE AT THE QUEENSLAND ART GALLERY AND GALLERY OF MODERN ART AND WILL TRAVEL NEXT YEAR TO JAPAN. THE PUBLICATIONS AND EDITORIAL DEPARTMENT QUICKLY ADAPTED TO THE CHALLENGING ENVIRONMENT OF FISCAL YEAR 2021 AND PRODUCED TWELVE NEW TITLES AND FIVE REPRINTS. AMONG THESE WERE FIVE EXHIBITION CATALOGUES, INCLUDING GOYA'S GRAPHIC IMAGINATION, THE HIGHLY ACCLAIMED ALICE NEEL: PEOPLE COME FIRST, AND THE SUMPTUOUS MEDICI: PORTRAITS AND POLITICS, 1512-1570; IT IS WORTH NOTING THAT ALL THREE OF THESE TITLES SOLD OUT AND WERE REPRINTED. THE DEPARTMENT ALSO PUBLISHED TWO SEPARATE VOLUMES FOR THE ROOF GARDEN COMMISSIONS, AS WELL AS THE HANDSOME COMMEMORATIVE VOLUME GIFTS OF ART: THE MET'S 150TH ANNIVERSARY. AND WE RELEASED THE ANNUAL METROPOLITAN MUSEUM JOURNAL AND FOUR ISSUES OF THE BULLETIN, INCLUDING OUR TIMELY ISSUE A TIME OF CRISIS, WHICH HAD THE RARE DISTINCTION FOR A BULLETIN OF BEING REVIEWED IN THE TIMES LITERARY SUPPLEMENT. THE DEPARTMENT'S DIGITAL PLATFORM, METPUBLICATIONS, SAW A HUGE INCREASE IN VISITORS AND PROVIDED FREE REMOTE ACCESS TO OVER 1,500 MET BOOKS AND ARTICLES. DIGITAL - CONTENT, PARTNERSHIPS, AND SOCIAL MEDIA DURING THE MUSEUM'S TEMPORARY CLOSURE, THE IMPORTANCE OF THE MET'S VIRTUAL PROGRAMMING TO OUR MISSION TO CONNECT WITH GLOBAL AUDIENCES WAS NEVER SO CLEAR, AND THIS YEAR, AS THE MUSEUM WELCOMED VISITORS BACK ONSITE, WE MADE IT A PRIORITY TO CONTINUE REACHING AUDIENCES WHERE THEY ARE WITH A ROBUST SCHEDULE OF VIRTUAL PROGRAMS AND DIGITAL CONTENT. THE MUSEUM'S WEBSITE ENDED THE FISCAL YEAR WITH AROUND 37.8 MILLION VISITS (UP FROM 33.7 MILLION LAST YEAR). IN SPRING 2021, WE LAUNCHED PERSPECTIVES, THE MET'S ONLINE LOCATION FOR DEEP DIVES INTO ART, INTERVIEWS, PERSONAL ESSAYS, SCIENTIFIC DISCOVERIES, AND MORE. DESIGNED TO SERVE AS A DIGITAL MAGAZINE, PERSPECTIVES USES EASY NAVIGATION TO LEAD VISITORS TO RELEVANT TOPICS ACROSS THE WEBSITE. IT WAS CREATED IN COLLABORATION WITH STAFF ACROSS THE MUSEUM AS PART OF A REIMAGINED ONLINE PUBLISHING MODEL THAT INCORPORATES BOTH EXISTING AND NEW CONTENT TO ATTRACT AND GROW OUR AUDIENCES. MET STORIES, OUR 150TH ANNIVERSARY FLAGSHIP VIDEO SERIES THAT SHARED COMPELLING PERSONAL STORIES FROM MET STAFF AND VISITORS, PREMIERED ITS FINAL EPISODE ON NEW YEAR'S EVE. OVERALL, THE SERIES ATTRACTED 3.4 MILLION VIEWS ACROSS DIGITAL PLATFORMS IN FISCAL YEAR 2021. DUE LARGELY TO ITS ENGAGING AND THOUGHT-PROVOKING CONTENT, MET STORIES WAS RECOGNIZED WITH THE TOP PRIZE IN ITS CATEGORY AT BOTH THE SHORTY AWARDS AND MUSEUM + HERITAGE AWARDS. THE MUSEUM CONTINUES TO GROW ITS GLOBAL REACH THROUGH COLLABORATION WITH OUR DIGITAL PARTNERS. THE MET IS NOW LIVE ON CHINA'S LARGEST SOCIAL MEDIA NETWORK, WECHAT. WE LAUNCHED A PROGRAM OF EIGHTY MET HIGHLIGHTS OBJECTS ON THE PLATFORM, BRINGING OUR CONTENT TO A NEW INTERNATIONAL AUDIENCE. THE MET'S YOUTUBE CHANNEL SAW A 36 PERCENT INCREASE IN SUBSCRIBERS IN FISCAL YEAR 2021, A TESTAMENT TO THE WAYS IN WHICH OUR COMMITMENT TO REGULARLY SCHEDULED VIRTUAL PROGRAMMING HAS IN-CREASED VIEWER ENGAGEMENT. THE MUSEUM'S OPEN ACCESS IMAGES HAVE AN INCREASED PRESENCE IN WIKIPEDIA ARTICLES FOR NON-ART SUBJECTS AND IN MULTIPLE LANGUAGES, DEMONSTRATING THE IMPORTANCE OF OUR PARTNERSHIP WITH WIKIMEDIA. WE HAVE ALSO SEEN SIGNIFICANT GROWTH IN THE SIZE OF OUR AUDIENCES THAT WE REACH THROUGH OUR SOCIAL MEDIA CHANNELS AND EMAIL MARKETING. WITH 4.3 MILLION FOLLOWERS ON TWITTER, 2 MILLION ON FACEBOOK, AND 3.8 MILLION ON ITS WEBBY AWARD--WINNING INSTAGRAM--10 MILLION IN AGGREGATE--THE MET IS THE SECOND-MOST-FOLLOWED MUSEUM IN THE WORLD. THROUGH ENGAGEMENT WITH INITIATIVES SUCH AS OUR SILENT GALLERY TOUR SERIES THAT BROUGHT FOLLOWERS INSIDE THE MUSEUM, OUR ONGOING #METACCESS SERIES THAT FOREGROUNDS THE PERSPECTIVES OF DEAF AND DISABLED ARTISTS, AND OUR CONTINUED PRIORITY TO UPLIFT THE CONTRIBUTIONS OF BLACK, AAPI, AND LGBTQAI+ ARTISTS, WE'VE REACHED NEW AUDIENCES AND FORGED NEW CONNECTIONS WITH LIVING ARTISTS. WE ALSO FORGED AHEAD INTO NEW TERRITORY THROUGH OUR OFFICIAL TIKTOK LAUNCH IN DECEMBER 2020. OUR EMAIL MARKETING HAS GROWN FROM REACHING 1.2 TO OVER 2 MILLION PEOPLE AND IS A HIGHLY EFFECTIVE MEANS TO SHARE EXHIBITION, EDUCATION, RETAIL, MEMBERSHIP, AND DEVELOPMENT MESSAGES. THIS YEAR, IN JANUARY, WE ALSO EXPERIMENTED IN PARTNERING WITH VERIZON TO LAUNCH THE MET UNFRAMED, AN IMMERSIVE VISUAL ART AND GAMING EXPERIENCE FEATURING DIGITALLY RENDERED GALLERIES AND NEARLY FIFTY WORKS OF ART FROM ACROSS OUR COLLECTION. TOGETHER, THESE INITIATIVES DEMONSTRATE OUR EMBRACE OF CREATIVE NEW WAYS THAT MAKE IT POSSIBLE FOR MORE PEOPLE TO EXPERIENCE AND APPRECIATE ART AT A TIME WHEN SO FEW CAN EXPERIENCE OUR MUSEUM IN PERSON.
ON APRIL 13, THE MET COMMEMORATED ITS 151ST ANNIVERSARY WITH A GOOGLEDOODLE ON GOOGLE'S SEARCH HOMEPAGE, RESULTING IN THE HIGHEST TRAFFIC TO THE WEBSITE EVER: NEARLY 1.5 MILLION SESSIONS IN A SINGLE DAY, MORE THAN FIVE TIMES THE USUAL NUMBER. THIS SIGNIFICANT MARKER OF SUCCESS HELPED DRIVE AWARENESS OF THE MET COLLECTION TO PEOPLE ALL OVER THE WORLD. EDUCATION THE WORK OF THE MUSEUM'S EDUCATION DEPARTMENT IS CRUCIAL TO THE INSTITUTION'S OVERALL STRATEGY TO BROADEN THE DIV ERSITY AND PARTICIPATION OF THE MET'S LOCAL, NATIONAL, AND INTERNATIONAL AUDIENCES AND PARTNERS. INNOVATIVE PROGRAMMING, DEEPER COMMUNITY ENGAGEMENT, AND CRITICAL SCHOLARLY ACTIVITY REMAINED HALLMARKS OF THE FISCAL YEAR, THANKS TO THE DEPARTMENT'S QUICK AND EXPERT PIVOT INTO VIRTUAL PROGRAMMING AT THE ONSET OF THE PANDEMIC AND ITS CONTINUED EFFORTS TO OFFER HYBRID PROGRAMMING TO ACCOMMODATE AUDIENCES GLOBALLY FOLLOWING THE MUSEUM'S REOPENING IN AUGUST 2020. IN FISCAL YEAR 2021, EDUCATION'S 2,074 ONLINE EVENTS DREW 1,794,128 PEOPLE WORLDWIDE.
FORM 990, PART III - PROGRAM SERVICESTHE DEPARTMENT WAS A LEADER DURING A PERIOD OF REMARKABLE CHANGE, WITH THE MET'S COMMITMENTS TO DIRECT ACTION ON ANTIRACISM, DIVERSITY, AND BUILDING A STRONGER COMMUNITY WOVEN INTO EVERY ASPECT OF ITS WORK. THANKS TO A TRANSFORMATIVE $5 MILLION GIFT FROM ADRIENNE ARSHT, THE MET BECAME THE SINGLE LARGEST ART MUSEUM IN THE COUNTRY TO OFFER FULLY PAID INTERNSHIPS TO ITS NEARLY 120 UNDERGRADUATE AND GRADUATE INTERNS EACH YEAR, ENHANCING ACCESS AND REMOVING FINANCIAL BARRIERS TO STUDENTS' PARTICIPATION. THE DEPARTMENT ALSO CONDUCTED TWO VIRTUAL WORKSHOPS DEDICATED TO MAKING THE MET'S FELLOWSHIP PROGRAM AND, ULTIMATELY, THE MUSEUM FIELD, MORE INCLUSIVE, EQUITABLE, AND DIVERSE. AS ALWAYS, ARTISTS WERE CRITICAL COLLABORATORS THIS YEAR, ALLOWING US TO EXPAND OUR THINKING AND RESPONSE TO ISSUES OF SOCIAL JUSTICE AND ACCESSIBILITY. AS PART OF THE CIVIC PRACTICE PARTNERSHIP (LAUNCHED IN 2017, THE PARTNERSHIP CONNECTS AMBITIOUS COLLABORATIVE SOCIAL JUSTICE -- ORIENTED ART PROJECTS WITH NEW YORK CITY COMMUNITIES), THREE ARTISTS -- JON GRAY, MEI LUM, AND TOSHI REAGON - BEGAN THEIR FIRST YEAR OF A TWO-YEAR RESIDENCY, WHILE RASHIDA BUMBRAY AND MIGUEL LUCIANO, WHOSE RESIDENCIES HAD BEEN EXTENDED DUE TO THE PANDEMIC, CONCLUDED THEIRS. TO MARK THE THIRTIETH ANNIVERSARY OF THE AMERICANS WITH DISABILITIES ACT IN 2020, WE LAUNCHED AN ONGOING SERIES OF INSTAGRAM POSTS THAT FEATURE DISABLED ARTISTS RESPONDING TO WORKS IN THE COLLECTION, THEREBY MAKING DISABILITY AND ACCESSIBILITY PERSPECTIVES MORE VISIBLE. WE ALSO CONTINUED TO OFFER EXPERIENCES THAT FOSTER COMMUNITY AND LEARNING THROUGH HANDS-ON ART-MAKING EXPERIENCES WITH ARTISTS. THE THREE-DAY SERIES OF LIVE, THEMATIC CONVERSATIONS PEOPLE: A GLOBAL DIALOGUE ON MUSEUMS AND THEIR PUBLICS BROUGHT TOGETHER TWENTY-FIVE INTERNATIONAL SCHOLARS, ARTISTS, WRITERS, PERFORMERS, AND ACTIVISTS WHO SHARED THEIR IDEAS ON THE EVER-EXPANDING TOPIC OF HOW MUSEUMS ENGAGE WITH PEOPLE LOCALLY AND GLOBALLY, AND THE DRAMATIC WAYS IN WHICH THE PANDEMIC AND CALLS FOR RACIAL JUSTICE HAVE SHIFTED THESE INTERACTIONS. THE CONVENING DREW MORE THAN 2,500 ATTENDEES, WHO TUNED IN FROM 38 COUNTRIES. OUR OWN MET FELLOWS IN CURATORIAL, CONSERVATION, AND SCIENTIFIC DEPARTMENTS PRESENTED IMPORTANT RESEARCH RELATED TO THE MET COLLECTION DURING AN ANNUAL SERIES OF THIRTEEN COLLOQUIA, WHICH REACHED ALMOST 1,900 ATTENDEES IN 46 COUNTRIES BY VIRTUE OF ITS FIRST-EVER VIRTUAL FORMAT. THE MET HAS LONG BEEN CONSIDERED AN ESSENTIAL RESOURCE FOR TEACHING, LEARNING, AND TRAINING AT ALL LEVELS, AND WITH CONTINUED WIDESPREAD REMOTE LEARNING, THE MUSEUM'S RESOURCES AND DEEP ONLINE OFFERINGS PROVED EVEN MORE VALUABLE AND NEEDED, EMBRACED BY BOTH EDUCATORS AND FAMILIES. IN FISCAL YEAR 2021, 17,167 K-12 TEACHERS AND STUDENTS NATIONWIDE AND FROM BRAZIL, CANADA, MEXICO, AND SINGAPORE TOOK PART IN 15,466 VIRTUAL GUIDED TOURS OF THE MET COLLECTION. IN ADDITION, 1,076 TEACHERS AND SCHOOL LEADERS PARTICIPATED IN PROGRAMS FOCUSED ON INTEGRATING ART INTO THE CLASSROOM, INCLUDING EIGHTEEN WHO TOOK PART IN OUR MET PROFESSIONAL LEARNING COMMUNITY, AN INTENSIVE, YEARLONG IMMERSIVE PRACTICUM WITH AN EMPHASIS ON SOCIAL JUSTICE DESIGNED FOR NEW YORK CITY K-12 TEACHERS WORKING IN TITLE I OR DISTRICT 75 PUBLIC SCHOOLS. CULTURAL FESTIVALS FOR VISITORS OF ALL AGES AND ABILITIES (INCLUDING THE ANNUAL MUSEUM MILE) DREW 289,757 ATTENDEES ONLINE. THIS YEAR THE MET HOSTED ITS FIRST VIRTUAL ANNUAL LUNAR NEW YEAR FESTIVAL AIMED AT CONNECTING VISITORS WITH ARTWORKS AND TRADITIONS FROM ACROSS ASIA. THE FESTIVAL REACHED 124,788 PEOPLE WORLDWIDE. OUR COMMITMENT TO SERVE AS A CULTURAL AND SOCIAL HUB FOR YOUNG PEOPLE HAS RESULTED IN MORE THAN 40,000 TEENS AND OVER 130 PARTNERS PARTICIPATING IN OUR TEENS TAKE THE MET! PROGRAM SINCE 2014. THE SECOND VIRTUAL VERSION OF THIS EVENT IN NOVEMBER 2020 ATTRACTED 5,394 LOCAL AND GLOBAL TEENS TO AN ENTIRE DAY OF ACTIVITIES ON THE SOCIAL MEDIA CHANNELS OF THE MET AND THIRTY PARTNERS. IN PARTNERSHIP WITH CITYMEALS ON WHEELS, THE MUSEUM LAUNCHED YOUR MET ART BOX, A SIX-MONTH PILOT PROJECT TO HELP ALLEVIATE SOCIAL ISOLATION FOR OLDER, OFTEN VULNERABLE, ADULTS IN NEW YORK CITY. THEMATIC PACKETS WERE DISTRIBUTED MONTHLY TO MORE THAN 1,000 CITYMEALS FOOD RECIPIENTS BY VOLUNTEERS WHO FOSTERED CONVERSATION ABOUT FEATURED WORKS IN THE MET COLLECTION. THE PACKETS PROVIDED ART SUPPLIES AND MATERIALS TO INSPIRE ART-MAKING AND OTHER ACTIVITIES, AND, WITH THE INCLUSION OF A FREE PASS, ENCOURAGED RECIPIENTS TO VISIT THE MUSEUM. LIVE ARTS THE MET IS AMONG THE FIRST ENCYCLOPEDIC MUSEUMS WITH AN INDEPENDENT DEPARTMENT DEVOTED EXCLUSIVELY TO PERFORMANCE, AND DURING THE PANDEMIC, METLIVEARTS HAS CONTINUED TO PRESENT HIGH-IMPACT DIGITAL PRODUCTIONS OF MUSIC, DANCE, AND THEATER. THE NEW YORK TIMES SELECTED METLIVEARTS FOR MULTIPLE "BEST OF" LISTS, INCLUDING TWO THAT CALLED OUT OUR FIRST LIVE PERFORMANCE SINCE THE PANDEMIC, OUR LABYRINTH. THROUGH A MONTHLY DIGITAL PREMIERE SERIES AND THE WEEKLY BALCONY BAR FROM HOME SERIES, METLIVEARTS DIGITAL PROGRAMS HAVE BEEN WATCHED MORE THAN ONE MILLION TIMES SINCE APRIL 2020. PROGRAMS IN FISCAL YEAR 2021 ENGAGED WITH ARTISTS ACROSS ALL GENRES. IN FEBRUARY 2021, CELEBRATED VIOLINIST LEILA JOSEFOWICZ PERFORMED WORKS BY BACH, FLANKED BY MASTERPIECES OF JACKSON POLLOCK AND MARK ROTHKO. LAUNCHED IN JUNE WITH PERFORMANCES THROUGHOUT THE SUMMER, THE SONIC CLOISTERS SERIES INVITED ELECTRONIC AND TECHNO MUSICIANS TO RECORD PERFORMANCES AT THE MET CLOISTERS, RESULTING IN A PROVOCATIVE AND SOULFUL COMBINATION OF CUTTING-EDGE MUSIC AND MEDIEVAL ART. METLIVEARTS PROGRAMS OFTEN FEATURE PERFORMERS FROM UNDER-REPRESENTED BACKGROUNDS, AND THEIR SUCCESS PLACES OUR LIVE ARTS DEPARTMENT ON THE FRONT LINES OF THE MET'S BROADER COMMITMENTS TO DIVERSITY, INCLUSION, AND EQUITY. CONSERVATION, RESEARCH, AND INTERNATIONAL ACTIVITY THE MUSEUM'S CURATORIAL PROGRAMS ARE SUPPORTED BY NUMEROUS SERVICES AND RESOURCES. THE DEPARTMENTS OF PAINTINGS, PAPER, OBJECTS, TEXTILE, AND PHOTOGRAPHS CONSERVATION ALONG WITH SCIENTIFIC RESEARCH PREPARE AND REVIEW EVERY ARTWORK SELECTED FOR AN EXHIBITION OR LOAN. THE MET'S CONSERVATION EFFORT RANKS WITH THE BEST OF THE WORLD'S MAJOR MUSEUMS. THE THOMAS J. WATSON LIBRARY HOUSES VALUABLE RESEARCH MATERIAL AVAILABLE TO THE STAFF AND PUBLIC FOR CURATORIAL, EDUCATION, AND PUBLICATION PROJECTS. THE LIBRARY REOPENED FOR LIMITED RESEARCH APPOINTMENTS ON JUNE 3 AFTER A 15-MONTH CLOSURE DUE TO THE COVID-19 PANDEMIC. IN FISCAL YEAR 2021, 120 VISITS WERE MADE BY OUTSIDE RESEARCHERS AND 259 NEW OUTSIDE RESEARCHERS WERE REGISTERED. THE MUSEUM LIBRARIES CIRCULATED 4,867 ITEMS TO READERS. THE LIBRARY CONTINUED TO DIGITIZE RARE COLLECTION MATERIALS, BOTH PRINTED AND MANUSCRIPT, AND TO MAKE THEM AVAILABLE ONLINE, AVERAGING 244,386 HITS PER MONTH (COMPARED TO 228,309 IN FISCAL YEAR 2020). FISCAL YEAR 2021 SAW THE CONTINUED SUCCESS OF THE INDIAN CONSERVATION FELLOWSHIP PROGRAM (ICFP) THROUGH VIRTUAL PROGRAMMING ORGANIZED BY THE MET AND ITS ICFP PARTNERS--STICHTING RESTAURATIE ATELIER LIMBURG, MAASTRICHT, THE NETHERLANDS, AND THE FREER GALLERY OF ART AND THE ARTHUR M. SACKLER GALLERY, SMITHSONIAN INSTITUTION, WASHINGTON, D.C.- THEREBY FURTHERING THE PROGRAM'S GOALS TO SERVE AS A CRITICAL RESOURCE FOR THE LONG-TERM PRESERVATION OF INDIA'S CULTURAL HERITAGE. THE ICFP IS SUPPORTED BY THE ANDREW W. MELLON FOUNDATION AND INDIA'S MINISTRY OF CULTURE. THE MET ALSO CONTINUED ITS PARTNERSHIP WITH THE SLEMANI MUSEUM IN SULAYMANIYAH, IRAQ, ONCE MORE MADE POSSIBLE THROUGH THE GENEROUS SUPPORT OF THE WHITING FOUNDATION. ON THE DOMESTIC FRONT, THE NETWORK INITIATIVE FOR CONSERVATION SCIENCE (NICS), A PILOT PROGRAM LAUNCHED IN SEPTEMBER 2016 BY THE MUSEUM'S DEPARTMENT OF SCIENTIFIC RESEARCH WITH FUNDING FROM THE ANDREW W. MELLON FOUNDATION, HAS CONTINUED TO SERVE AS A CRUCIAL RESOURCE FOR NEW YORK CITY MUSEUMS AND CULTURAL HERITAGE INSTITUTIONS, ALLOWING MEMBERS TO PROBE IN-DEPTH SCIENTIFIC RESEARCH QUESTIONS AS WELL AS ANSWER MORE STRAIGHTFORWARD REQUESTS IN THE SERVICE OF ART CONSERVATION AND PRESERVATION.
CAPITAL PROJECTSTHE MUSEUM'S CONSTRUCTION AND FACILITIES DEPARTMENT CONTINUED ITS WORK AT NEARLY FULL PACE, DESPITE THE CHALLENGES OF THE PANDEMIC, AND VIGILANTLY IMPLEMENTED NEW HEALTH AND SAFETY GUIDELINES IN COLLABORATION WITH OTHER DEPARTMENTS AND CONSTRUCTION MANAGEMENT PARTNERS. THE FIRST MAJOR MILESTONE OF THE FISCAL YEAR WAS THE OPENING OF THE FIRST PHASE OF THE EUROPEAN PAINTINGS GALLERIES IN DECEMBER 2020, AS NOTED ABOVE. RENOVATION OF THE MICHAEL C. ROCKEFELLER WING BEGAN IN EARNEST IN EARLY 2021 WITH THE CONSTRUCTION DOCUMENT PHASE, MOVING US CLOSER TO OUR GOAL OF RE-ENVISIONING THE DISPLAY OF THE MUSEUM'S COLLECTIONS OF THE ART OF SUB-SAHARAN AFRICA, OCEANIA, AND THE ANCIENT AMERICAS. OUR DESIGN TEAM OF BEYER BLINDER BELLE AS EXECUTIVE ARCHITECT AND WHY ARCHITECTURE AS DESIGN ARCHITECT AFFIRMED KEY ELEMENTS OF THE DESIGN, INCLUDING THE GALLERY FLOOR PLAN AND RELATIONSHIP AMONG THE THREE COLLECTIONS, AND THE DEINSTALLATION OF THE CURRENT GALLERIES IS UNDERWAY. FULL CONSTRUCTION IS SCHEDULED TO BEGIN IN EARLY 2022, AND THE NEW GALLERIES ARE EXPECTED TO OPEN IN 2024. AN ARCHITECT HAS BEEN SELECTED FOR THE RENOVATION OF THE ANCIENT NEAR EASTERN AND CYPRIOT GALLERIES AND THE PROJECT HAS ENTERED THE DESIGN PHASE, AND A PLAN TO UPGRADE THE NOLEN LIBRARY AND AUGMENT THE MUSEUM'S EDUCATIONAL PROGRAMMING FOR YOUNG CHILDREN IS IN THE DESIGN DEVELOPMENT PHASE. UPGRADES TO THE MUSEUM'S ELECTRICAL AND AIR-QUALITY INFRASTRUCTURE CONTINUE THROUGHOUT THE BUILDINGS. THE MUSEUM ALSO MADE CONTINUED PROGRESS ON ITS MULTIYEAR PLAN TO UPGRADE AND REPLACE VITAL INFRASTRUCTURE.
FORM 990, PART VI, LINE 1A - VOTING RIGHTSGOVERNING BODY DELEGATED AUTHORITY IN ACCORDANCE WITH THE MUSEUM'S BY-LAWS, THE EXECUTIVE COMMITTEE HAS THE RIGHT TO EXERCISE ALL THE POWERS OF THE BOARD OF TRUSTEES DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES OTHER THAN THE POWERS TO (A) FILL VACANCIES IN THE BOARD OF TRUSTEES OR IN ANY COMMITTEE; (B) AMEND OR REPEAL THE BY-LAWS OR ADOPT NEW BY-LAWS; (C) AMEND OR REPEAL ANY RESOLUTION OF THE BOARD OF TRUSTEES WHICH BY ITS TERMS SHALL NOT BE SO AMENDABLE OR REPEALABLE; (D) ELECT OR REMOVE TRUSTEES OR OFFICERS; (E) APPROVE A MERGER OR PLAN OF DISSOLUTION; (F) ADOPT A RESOLUTION AUTHORIZING ACTION ON THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL THE ASSETS OF THE MUSEUM; OR (G) APPROVE AMENDMENTS TO THE CHARTER. (G) APPROVE AMENDMENTS TO THE CHARTER.
FORM 990, PART VI, LINE 2 - FAMILY OR BUSINESS RELATIONSHIPTHE FOLLOWING TRUSTEES OF THE MUSEUM HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER: (A) JAMES BREYER AND HAMILTON JAMES, AND (B) BLAIR EFFRON AND SACHA LAINOVIC.
FORM 990, PART VI, LINE 6 - MEMBERS OF THE ORGANIZATIONGOVERNING BODY AND MANAGEMENT THE MUSEUM DOES NOT HAVE "MEMBERS" AS SUCH TERM IS DEFINED IN THE INSTRUCTIONS TO FORM 990. HOWEVER, THE MUSEUM USES THE TERM "MEMBERS" IN CONNECTION WITH DUES, FEES, GOODS, BENEFITS, PRIVILEGES AND SERVICES AS ESTABLISHED BY THE MUSEUM FROM TIME TO TIME.
FORM 990, PART VI, LINE 11B - REVIEW PROCESSPROCESS THE ORGANIZATION USES TO REVIEW THE FORM 990 THE MUSEUM'S FORM 990, INCLUDING REQUIRED SCHEDULES AND SUPPORTING DOCUMENTATION, IS INITIALLY COMPILED BY THE MUSEUM'S FINANCE DEPARTMENT PRIMARILY RELYING ON THE MUSEUM'S GENERAL LEDGER, AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL SYSTEMS. THE MUSEUM'S CONTROLLER, CHIEF FINANCIAL OFFICER, AND GENERAL COUNSEL PARTICIPATE IN A SERIES OF DETAILED REVIEWS OF THE FORM 990. THE FORM 990 IS ALSO REVIEWED BY THE MUSEUM'S SENIOR MANAGEMENT, INCLUDING THE MUSEUM'S PRESIDENT AND DIRECTOR, AND THE AUDIT COMMITTEE OF THE MUSEUM'S BOARD OF TRUSTEES. A COMPLETE COPY IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. THE MUSEUM'S EXTERNAL TAX ADVISORS FILE THE FORM 990 ELECTRONICALLY WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, LINE 12C - CONFLICT OF INTERESTTHE MUSEUM REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY REQUIRING ONGOING DISCLOSURE OF POTENTIAL CONFLICTS, REVIEW OF SUCH DISCLOSURES, AND RECUSAL BY CONFLICTED INDIVIDUALS WHEN WARRANTED. SPECIFICALLY, ON AN ANNUAL BASIS, THE MUSEUM SEEKS TO ENSURE COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY SENDING RELEVANT WRITTEN POLICIES TO SENIOR STAFF, TRUSTEES AND ADVISORY MEMBERS OF COMMITTEES OF THE BOARD OF TRUSTEES. EACH POLICY IS SENT WITH A STATEMENT, WHICH MUST BE COMPLETED, SIGNED AND RETURNED TO THE MUSEUM'S GENERAL COUNSEL. THE STATEMENT REQUIRES EACH INDIVIDUAL TO CONFIRM THAT HE OR SHE HAS (I) RECEIVED A COPY OF THE POLICY, (II) READ AND UNDERSTOOD THE POLICY AND (III) AGREES TO COMPLY WITH THE POLICY. THE INDIVIDUAL IS ALSO ASKED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST THAT HE OR SHE OR A MEMBER OF HIS OR HER FAMILY, OR AN ENTITY IN WHICH ANY OF THEM HAVE A MATERIAL OWNERSHIP INTEREST, MAY HAVE. THE STATEMENTS ARE COMPLETED AND RETURNED TO THE GENERAL COUNSEL'S OFFICE. WHEN POTENTIAL CONFLICTS ARISE, THEY ARE INITIALLY EVALUATED BY THE GENERAL COUNSEL WITH THE ASSISTANCE OF OUTSIDE LEGAL COUNSEL IF NECESSARY. ACTUAL CONFLICTS OF INTEREST ARE RESOLVED IN CONSULTATION WITH THE MUSEUM'S PRESIDENT AND DIRECTOR (FOR STAFF) AND THE CHAIRMAN OF THE BOARD OF TRUSTEES AND THE LEGAL COMMITTEE OF THE MUSEUM'S BOARD (FOR TRUSTEES, INCLUDING THE DIRECTOR AND THE PRESIDENT). IF AN ACTUAL CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION. A SUMMARY OF THE POTENTIAL CONFLICTS OF INTEREST DISCLOSED BY THE TRUSTEES IS PRESENTED TO THE AUDIT COMMITTEE EACH YEAR. A SUMMARY OF THE POTENTIAL CONFLICTS OF INTEREST DISCLOSED BY SENIOR STAFF IS PRESENTED TO THE PRESIDENT AND THE DIRECTOR EACH YEAR.
FORM 990, PART VI, LINES 15A AND 15B - COMPENSATION REVIEW PROCESSTHE COMPENSATION COMMITTEE ("THE COMMITTEE") OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR OVERSIGHT OF COMPENSATION AND BENEFITS PROGRAMS FOR THE MUSEUM'S OFFICERS, AND FOR ENSURING THAT THE COMPENSATION POLICIES OF THE MUSEUM ARE CONSISTENT WITH AND IN SUPPORT OF THE MUSEUM'S MISSION, VALUES AND LONG-TERM GOALS. THE INTENT OF THE COMMITTEE IS TO PROVIDE A TOTAL COMPENSATION PROGRAM FOR THE OFFICERS THAT PROMOTES THE MUSEUM'S LONG-TERM OBJECTIVES, AND IS REASONABLE, APPROPRIATE, AND FAIR. ANNUALLY, AN INDEPENDENT COMPENSATION CONSULTANT AND THE COMMITTEE REVIEW THE TOTAL COMPENSATION OF EACH OFFICER OF THE MUSEUM. COMPENSATION DECISIONS ARE MADE WITH REFERENCE TO COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE ROLES AT SIMILARLY SITUATED ORGANIZATIONS PRESENTED BY THE INDEPENDENT COMPENSATION CONSULTANT. THE COMMITTEE ALSO CONSIDERS OTHER RELEVANT FACTORS IN DETERMINING COMPENSATION, INCLUDING THE MUSEUM'S MISSION AND GOALS, THE PERFORMANCE OF EACH OFFICER, AND THE MARKET FOR EXECUTIVE TALENT. THE COMMITTEE COMPLIES WITH THE "REBUTTABLE PRESUMPTION" PROCEDURES FOR DETERMINING THAT COMPENSATION IS REASONABLE UNDER INTERNAL REVENUE CODE SECTION 4958. DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARRANGEMENTS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MEETING MINUTES.
FORM 990, PART VI, SECTION C, LINE 19 - GOVERNING DOCUMENTSPUBLIC AVAILABILITY OF OTHER DOCUMENTS THE MUSEUM'S AUDITED FINANCIAL STATEMENTS ARE INCLUDED IN THE MUSEUM'S ANNUAL REPORT, WHICH IS MADE AVAILABLE TO THE PUBLIC ON THE MUSEUM'S WEBSITE. THE MUSEUM MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
PART XI, LINE 9, OTHER CHANGES IN NET ASSETSCHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 5,085,962 UNREALIZED GAINS AND LOSSES ON 2015 BOND PROCEEDS 16,893,282 NET RECLASSIFICATIONS, FEES, AND OTHER 612,012 PENSION - RELATED CHANGES OTHER THAN NPPC 65,619,924 CHANGE IN FAIR VALUE OF INTEREST RATE EXCHANGE AGREEMENTS 11,343,803 PARTNERSHIP UBIT 5,048,101 ------------ TOTAL 104,603,084

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