PIER55 INC: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- PIER55 INC (EIN 46-2703610)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202203189349107030
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Expln Of Non Filing With AG Stmt
- General Explanation Attachment
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T21:11:02-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 911194016 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLARK NUBER PS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10900 NE 4TH STREET SUITE 1400 | AddressLine1Txt |
| City | BELLEVUE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 462703610 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PIER55 INC | BusinessNameLine1Txt |
| Business Name Line2 | D/B/A LITTLE ISLAND | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PIER | BusinessNameControlTxt |
| Phone | 2123147225 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 872 WASHINGTON STREET 3RD FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10014 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BARRY DILLER | PersonNm |
| Person Title | CHAIR/PRESIDENT | PersonTitleTxt |
| Phone | 2123147225 | PhoneNum |
| Signature | 2022-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BARRY | PersonFirstNm |
| Person Last | DILLER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JENNIFER BECKER HARRIS | PreparerPersonNm |
| PTIN | P00183358 | PTIN |
| Phone | 4254544919 | PhoneNum |
| Preparation | 2022-11-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $281,389,922 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $61,579,695 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $5,240 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $5,240 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $5,240 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$363,295 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $42,316,400 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $18,816,400 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Sales Less Ret And Allwnc | $253,579 | GrossSalesLessRetAndAllwncAmt |
| Gross Profit Rev And Expnss | $253,579 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | $253,579 | GrossProfitAdjNetIncmAmt |
| Total Rev And Expnss | $61,475,219 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $18,821,640 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $258,819 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $962,949 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $962,949 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $4,829,326 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $4,769,235 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,064,222 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,048,900 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $216,049 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $209,520 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $17,828 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $4,457 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $4,457 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $4,419,811 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $4,363,486 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $18,965 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $18,965 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $301,998 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $253,579 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $199,006 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $199,006 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $55,962 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $55,656 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $43,369 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $47,949 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,597,933 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,381,944 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $16,727,418 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $4,457 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $258,036 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $16,057,610 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $16,727,418 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $4,457 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $258,036 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $16,057,610 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $44,747,801 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $18,817,183 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $783 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $852,735 | CashBOYAmt |
| Cash EOY | $4,545,678 | CashEOYAmt |
| Cash EOYFMV | $4,545,678 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $30,863,302 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $47,128,291 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $47,128,291 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $34,354 | AcctRcvblAmt |
| Acct Rcvbl BOY | $10,179 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $34,354 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $34,354 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $25,905 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $3,800 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $3,800 | PrepaidExpensesEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,490,979 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $301,998 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $807,084 | LandBOYAmt |
| Land EOY | $3,188,981 | LandEOYAmt |
| Land EOYFMV | $3,188,981 | LandEOYFMVAmt |
| Other Assets BOY | $203,873,809 | OtherAssetsBOYAmt |
| Other Assets EOY | $226,488,818 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $226,488,818 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $236,433,014 | TotalAssetsBOYAmt |
| Total Assets EOY | $281,389,922 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $281,389,922 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $191,223 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $460,896 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $191,223 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $460,896 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $236,241,791 | RetainedEarningBOYAmt |
| Retained Earning EOY | $280,929,026 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $236,241,791 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $280,929,026 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $236,433,014 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $281,389,922 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $236,241,791 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $44,747,801 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $280,989,592 | SubtotalAmt |
| Other Decreases | $60,566 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $280,929,026 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | MARKETABLE SECURITIES | PropertyDesc |
| Acquired | 2016-03-01 | AcquiredDt |
| Sold | 2021-11-29 | SoldDt |
| Gross Sales Price | $42,316,400 | GrossSalesPriceAmt |
| Cost Or Other Basis | $23,500,000 | CostOrOtherBasisAmt |
| Gain Or Loss | $18,816,400 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $18,816,400 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $18,816,400 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $261,559 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $261,559 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $261,559 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $244,516 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $244,516 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $17,043 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | 0 | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.LITTLEISLAND.ORG | WebsiteAddressTxt |
| Individual With Books | BEN CLARK LITTLE ISLAND | IndividualWithBooksNm |
| Phone | 2123147225 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 872 WASHINGTON STREET 3RD FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10014 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| BARRY DILLER | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | CHAIR/PRESIDENT | 10.00 | $0 | $0 | $0 |
| ROBERT HAMMOND | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | DIRECTOR | 5.00 | $200,000 | $0 | $0 |
| SIGNE NIELSEN | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ROBIN PANKOVA | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| JASON STEWART | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ALEXANDRE VON FURSTENBERG | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| PATRICIA SANATINI | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | EXECUTIVE DIRECTOR | 40.00 | $320,385 | $26,069 | $8,309 |
| LAURA CLEMENT | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | CHIEF OPERATING OFFICER | 40.00 | $188,672 | $25,109 | $4,731 |
| JULIA KRAUS | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | PRODUCER | 40.00 | $128,808 | $8,415 | $1,729 |
| MICHAEL WIGGINS | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | DIRECTOR OF EDUCATION & COMMUNITY RESO | 40.00 | $125,084 | $8,428 | $3,630 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| CELINE ARMSTRONG | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | PROJECT MANAGER | 40.00 | $294,140 | $25,265 | $0 |
| OLIVIA ARNOW | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | PROJECT ASSISTANT | 40.00 | $127,820 | $10,749 | $0 |
| BENJAMIN CLARK | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | FINANCE MANAGER | 40.00 | $114,747 | $21,107 | $0 |
| KATHRYN LEWIS | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | PARK & FACILITIES MA | 40.00 | $102,923 | $19,393 | $0 |
| DANIELLE RUFF | ||||||||
| 872 WASHINGTON STREET 3RD FL | NEW YORK | NY | 10014 | COMMUNICATIONS MANAG | 40.00 | $99,646 | $7,850 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 19 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| EMPIRE TECHNICAL FABRICATION | |||||
| PO BOX 57 | PEQUONNOCK TOWNSHIP | NJ | 07440 | ASSET DESIGN | $869,333 |
| BRIGHTVIEW LANDSCAPES LLC | |||||
| PO BOX 740655 | ATLANTA | GA | 30374 | GARDENING/LANDSCAPING | $559,975 |
| SAVORY LABS LLC | |||||
| 15 WEST 39TH STREET | NEW YORK | NY | 10018 | FOOD & BEVERAGE VENDOR | $412,486 |
| MACKTEZ CORPORATION | |||||
| 137 GRAND STREET 4TH FLOOR | NEW YORK | NY | 10013 | IT SERVICES | $368,638 |
| PRG SCENIC TECHNOLOGIES | |||||
| 539 TEMPLE HILL ROAD | NEW WINDSOR | NY | 12553 | EQUIPMENT & ASSET DESIGN | $302,160 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 26 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | ARCHITECTURE, CONSULTANT, PROFESSIONAL EXPENSES INCURRED TO REDEVELOP AND REDESIGN THE PIER TO PROVIDE FLEXIBLE PARK AND EVENT SPACE. | Description1Txt |
| Expenses1 | $38,699,899 | Expenses1Amt |
| Description2 | LITTLE ISLAND IS A NEW PUBLIC PARK, LOCATED IN HUDSON RIVER PARK, WHERE ALL NEW YORKERS AND VISITORS CAN EXPERIENCE NATURE AND ART IN A UNIQUE URBAN OASIS ON THE HUDSON RIVER. THE PARK FEATURES A LUSH, SEASONAL, LANDSCAPE WITH ROLLING HILLS, WINDING PATHWAYS AND DAZZLING VIEWS COUPLED WITH PROGRAMMING THAT INCLUDES MUSIC, DANCE, THEATER, POETRY, COMEDY AND ARTS WORKSHOPS FOR ALL AGES. | Description2Txt |
| Expenses2 | $8,775,027 | Expenses2Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $25,070,540 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $25,070,540 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $25,070,540 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $376,058 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $24,694,482 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,234,724 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $16,057,610 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $22,642,290 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $38,699,900 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2014-08-07 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $783 | CurrentYearAmt |
| Year1 | $249,688 | Year1Amt |
| Year2 | $1,812,841 | Year2Amt |
| Year3 | $1,798,258 | Year3Amt |
| Total | $3,861,570 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $666 | CurrentYearAmt |
| Year1 | $212,235 | Year1Amt |
| Year2 | $1,540,915 | Year2Amt |
| Year3 | $1,528,519 | Year3Amt |
| Total | $3,282,335 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $38,699,900 | CurrentYearAmt |
| Year1 | $59,862,689 | Year1Amt |
| Year2 | $67,181,489 | Year2Amt |
| Year3 | $60,414,999 | Year3Amt |
| Total | $226,159,077 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $38,699,900 | CurrentYearAmt |
| Year1 | $59,862,689 | Year1Amt |
| Year2 | $67,181,489 | Year2Amt |
| Year3 | $60,414,999 | Year3Amt |
| Total | $226,159,077 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $823,149 | CurrentYearAmt |
| Year1 | $2,142,811 | Year1Amt |
| Year2 | $3,155,213 | Year2Amt |
| Year3 | $4,526,345 | Year3Amt |
| Total | $10,647,518 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | BARRY DILLER | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,240 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$363,295 | ExclusionAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $253,579 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$358,055 | ExclusionAmt |
| Related Or Exempt Function Incm | $253,579 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$104,476 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 10 | LineNumberTxt |
| Relationship Statement | TICKET SALES | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| ARROW 1999 TRUST BARRY DILLER AS TRUSTEE | |||||||
| 1 | C/O ARROW FINANCE LLC 872 WASHINGTO | NEW YORK | NY | 10014 | $42,110,400 | Yes (X) | |
| THE HERBERT ALLEN FOUNDATION | |||||||
| 2 | 711 5TH AVE | NEW YORK | NY | 10022 | $5,000,000 | Yes (X) | |
| DAVID GEFFEN COMPANY | |||||||
| 3 | C/O RICHARD SHERMAN 12011 SAN VICEN | LOS ANGELES | CA | 90049 | $500,000 | Yes (X) | |
| THE DILLER FOUNDATION DBA THE DILLER-VON FURSTENBERG FAMILY FOUNDATION | |||||||
| 4 | C/O ARROW FINANCE LLC 872 WASHINGTO | NEW YORK | NY | 10014 | $13,400,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | COCA COLA OPTIONS | NoncashPropertyDesc |
| Fair Market Value | $42,110,400 | FairMarketValueAmt |
| Received | 2021-11-22 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $17,828 | Amt |
| Net Investment Income | $4,457 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,457 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE ACTIVITIES OF THE FOUNDATION OCCUR IN NEW YORK STATE. THE DELAWARE ATTORNEY GENERAL ONLY REQUIRES A COPY OF FORM 990-PF IF THE NON-PROFIT'S ACTIVITIES ARE CONDUCTED IN DELAWARE. THE FORM 990-PF WILL BE FILED WITH THE STATE OF NEW YORK. | ExplanationTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990PF, PART VIII, LINE 1 | FormAndLineReferenceDesc |
| Medium Explanation | ROBERT HAMMOND SERVES AS A DIRECTOR OF THE FOUNDATION AND ALSO PROVIDES CONSULTING SERVICES TO THE FOUNDATION. FOR SUCH SERVICES MR. HAMMOND WAS PAID $200,000, WHICH IS LISTED ON FORM 990PF, PART VIII. | MediumExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $216,049 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $209,520 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (9 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACCOUNTING COST | $73,332 | $73,332 | $73,332 |
| ARCHITECT COST | $14,830,013 | $15,511,929 | $15,511,929 |
| CONSULTANT COST | $186,218,866 | $208,226,620 | $208,226,620 |
| ENGINEERING COST | $93,821 | $93,821 | $93,821 |
| LEGAL COST | $2,334,782 | $2,352,602 | $2,352,602 |
| STAGE PRODUCTION COST | $29,771 | $29,771 | $29,771 |
| BRANDING | $69,216 | $69,216 | $69,216 |
| CONSTRUCTION IN PROGRESS | $76,200 | $11,000 | $11,000 |
| SECURITY DEPOSITS | $147,808 | $120,527 | $120,527 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJUSTMENT (NO TAX EFFECT) | Desc |
| Amt | $60,566 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (23 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| LICENSES | $350 | $0 | $0 | $350 |
| OTHER EMPLOYEE EXPENSE | $35,834 | $0 | $0 | $34,834 |
| POSTAGE & SHIPPING | $46,670 | $0 | $0 | $43,652 |
| DUES & SUBSCRIPTIONS | $15,275 | $0 | $0 | $14,775 |
| TELEPHONE & INTERNET | $68,271 | $0 | $0 | $64,259 |
| MEALS & ENTERTAINMENT | $48,498 | $0 | $0 | $48,237 |
| PAYROLL PROCESSING FEES | $189,895 | $0 | $0 | $189,895 |
| BANK FEES | $7,655 | $0 | $0 | $7,655 |
| SUPPLIES | $332,002 | $0 | $0 | $329,984 |
| MISCELLANEOUS EXPENSE | $460 | $0 | $0 | $460 |
| COMPUTER EXPENSES | $318,228 | $0 | $0 | $258,293 |
| OFFICE EXPENSES | $120,731 | $0 | $0 | $112,415 |
| EQUIPMENT EXPENSE | $817,319 | $0 | $0 | $805,814 |
| RESEARCH & DEVELOPMENT | $1,512 | $0 | $0 | $1,512 |
| MARKETING | $45,524 | $0 | $0 | $33,724 |
| HOSPITALITY | $453,093 | $0 | $0 | $453,093 |
| PUBLIC RELATIONS | $85,004 | $0 | $0 | $85,004 |
| INSURANCE | $1,212,559 | $0 | $0 | $1,164,797 |
| TRANSPORTATION | $34,478 | $0 | $0 | $39,748 |
| SECURITY | $577,785 | $0 | $0 | $512,908 |
| MUSIC RIGHTS | $11,447 | $0 | $0 | $11,421 |
| TOOLS | $35,308 | $0 | $0 | $34,536 |
| UNIFORMS | $140,035 | $0 | $0 | $134,578 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| OTHER PROFESSIONAL FEES | $2,535,948 | $0 | $0 | $2,493,372 |
| IT SERVICES | $309,588 | $0 | $0 | $298,670 |
| ARTIST FEES | $1,574,275 | $0 | $0 | $1,571,444 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | STATE TAXES | CategoryTxt |
| Amt | $18,965 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $18,965 | DisbursementsCharitablePrpsAmt |