SEWARD JOHNSON ATELIER INC: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- SEWARD JOHNSON ATELIER INC (EIN 45-5246642)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-13
- IRS object ID
- 202103199349104890
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Mortgages And Notes Payable Sch
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Sales Of Inventory List
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-13T02:26:49-00:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 455246642 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SEWARD JOHNSON ATELIER INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SEWA | BusinessNameControlTxt |
| Phone | 6096891040 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 FAIRGROUNDS ROAD | AddressLine1Txt |
| City | HAMILTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08619 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CRAIG INGWER | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 6096891040 | PhoneNum |
| Signature | 2021-10-18 | SignatureDt |
| Discuss With Paid Preparer | false | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CRAIG | PersonFirstNm |
| Person Last | INGWER | PersonLastNm |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $66,063,145 | 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 | $4,778,500 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,760 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,760 | InterestOnSavNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $56,088 | GrossRentsRevAndExpnssAmt |
| Net Rental Income Or Loss | $56,088 | NetRentalIncomeOrLossAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Gross Sales Less Ret And Allwnc | $256,080 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $151,345 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $104,735 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $510,132 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $5,452,215 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,760 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $43,749 | CompOfcrDirTrstRevAndExpnssAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $1,426,334 | OthEmplSlrsWgsRevAndExpnssAmt |
| Pension Empl Bnft Rev And Expnss | $732,724 | PensionEmplBnftRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $132,728 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $132,728 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $34,509 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,902 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $27,607 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $151,099 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $151,099 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $24,696 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $24,696 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $640,304 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $403,150 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $403,150 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $15,011 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $15,011 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $1,075 | PrintingAndPubRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $1,022,379 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,239 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,014,407 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $4,627,758 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,141 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,768,698 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,627,758 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,141 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,768,698 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $824,457 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $88,390 | CashBOYAmt |
| Cash EOY | $428,908 | CashEOYAmt |
| Cash EOYFMV | $428,908 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,971 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,663 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,663 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $1,110,187 | AcctRcvblAmt |
| Acct Rcvbl BOY | $1,086,908 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $1,110,187 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,110,187 | AcctRcvblEOYFMVAmt |
| Inventories BOY | $9,274,186 | InventoriesBOYAmt |
| Inventories EOY | $9,274,186 | InventoriesEOYAmt |
| Inventories EOYFMV | $9,274,186 | InventoriesEOYFMVAmt |
| Other Investments EOY | $149,226 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $149,226 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $19,779,623 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,574,983 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $16,919,996 | LandBOYAmt |
| Land EOY | $16,204,640 | LandEOYAmt |
| Land EOYFMV | $16,204,640 | LandEOYFMVAmt |
| Other Assets BOY | $38,001,746 | OtherAssetsBOYAmt |
| Other Assets EOY | $38,894,335 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $38,894,335 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $65,375,197 | TotalAssetsBOYAmt |
| Total Assets EOY | $66,063,145 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $66,063,145 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,152,526 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $837,746 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $2,029,104 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $1,926,859 | DeferredRevenueEOYAmt |
| Mortgages And Notes Payable EOY | $474,600 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $13,534 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $19,450 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,195,164 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,258,655 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $62,180,033 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $62,804,490 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $62,180,033 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $62,804,490 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $65,375,197 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $66,063,145 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $62,180,033 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $824,457 | ExcessRevenueOverExpensesAmt |
| Subtotal | $63,004,490 | SubtotalAmt |
| Other Decreases | $200,000 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $62,804,490 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (true) | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (true) | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SEWARD JOHNSON ATELIER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6096891040 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 FAIRGROUNDS ROAD | AddressLine1Txt |
| City | HAMILTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08619 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | Yes (true) | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt |
|---|---|---|---|---|---|---|---|
| J SEWARD JOHNSON JR | |||||||
| 14 FAIRGROUNDS RD | HAMILTON | NJ | 08619 | CEO | 010.00 | $5,705 | $399 |
| MICHAEL GREENLEAF | |||||||
| 14 FAIRGROUNDS RD | HAMILTON | NJ | 08619 | TREASURER | 010.00 | $38,044 | $2,663 |
| CHARLES BERRY | |||||||
| 14 FAIRGROUNDS RD | HAMILTON | NJ | 08619 | DIRECTOR | 000.00 | $0 | |
| CAROLYN ROSSIP MALCOLM | |||||||
| 14 FAIRGROUNDS RD | HAMILTON | NJ | 08619 | DIRECTOR | 000.00 | $0 | |
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 |
|---|---|---|---|---|---|---|---|
| PAULA STOEKE | |||||||
| 14 FAIRGROUNDS RD | HAMILTON | NJ | 08619 | CURATOR | 040.00 | $321,458 | $22,502 |
| CLAIRE BROWN | |||||||
| 14 FAIRGROUNDS RD | HAMILTON | NJ | 08619 | DIRECTOR OF JOHNSON | 040.00 | $117,950 | $8,257 |
| LYNN DECLEMENTE | |||||||
| 14 FAIRGROUNDS RD | HAMILTON | NJ | 08619 | COLLECTION MANAGER | 040.00 | $92,640 | $6,485 |
| AUTIN WRIGHT | |||||||
| 14 FAIRGROUNDS RD | HAMILTON | NJ | 08619 | PAINT PATINA SUPERVI | 040.00 | $86,502 | $6,055 |
| HARRISON NEUHAUSER | |||||||
| 14 FAIRGROUNDS RD | HAMILTON | NJ | 08619 | HEAD MOLD MAKER | 040.00 | $79,221 | $5,545 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 10 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PATTERSON BELKNAP WEBB & TYLER LLP | |||||
| 1133 AVENUE OF THE AMERICAS | NEW YORK | NY | 10036 | LEGAL | $89,398 |
| KARPOWICZ STUDIOS | |||||
| 700 w 41ST STREET | CHICAGO | IL | 60609 | 0 | $51,258 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | PROMOTING APPRECIATION OF ARTWORK THROUGH EXHIBITIONS OF SCULPTURE IN THE PUBLIC DOMAIN FOR PUBLIC VIEWING | Description1Txt |
| Expenses1 | $2,443,018 | Expenses1Amt |
| Description2 | SALE OF ARTWORK TO PUBLIC ENTITIES FOR PUBLIC EXHIBITION | Description2Txt |
| Expenses2 | $1,045,884 | Expenses2Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $588,279 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $275,230 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $863,509 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $863,509 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $12,953 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $850,556 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $42,528 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $42,528 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $42,528 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $42,528 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $42,528 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,768,698 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $694,468 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $2,463,166 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $2,463,166 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $42,528 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr4 | $5,061,580 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,882,173 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,570,728 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,620,291 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $17,134,772 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,463,166 | QualifyingDistributionsAmt |
| Applied To Current Year | $42,528 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,420,638 | RemainingDistriFromCorpusAmt |
| Total Corpus | $19,555,410 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $19,555,410 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $5,061,580 | ExcessFromYear4Amt |
| Excess From Year3 | $4,882,173 | ExcessFromYear3Amt |
| Excess From Year2 | $2,570,728 | ExcessFromYear2Amt |
| Excess From Year1 | $4,620,291 | ExcessFromYear1Amt |
| Excess From Current Year | $2,420,638 | ExcessFromCurrentYearAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $42,528 | CurrentYearAmt |
| Year1 | $20,075 | Year1Amt |
| Year2 | $24,394 | Year2Amt |
| Year3 | $10,833 | Year3Amt |
| Total | $97,830 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $36,149 | CurrentYearAmt |
| Year1 | $17,064 | Year1Amt |
| Year2 | $20,735 | Year2Amt |
| Year3 | $9,208 | Year3Amt |
| Total | $83,156 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,463,166 | CurrentYearAmt |
| Year1 | $4,640,666 | Year1Amt |
| Year2 | $2,595,122 | Year2Amt |
| Year3 | $4,892,723 | Year3Amt |
| Total | $14,591,677 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $2,463,166 | CurrentYearAmt |
| Year1 | $4,640,666 | Year1Amt |
| Year2 | $2,595,122 | Year2Amt |
| Year3 | $4,892,723 | Year3Amt |
| Total | $14,591,677 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $65,913,145 | CurrentYearAmt |
| Year1 | $65,359,459 | Year1Amt |
| Year2 | $64,779,324 | Year2Amt |
| Year3 | $64,839,114 | Year3Amt |
| Total | $260,891,042 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $65,482,574 | CurrentYearAmt |
| Year1 | $65,282,836 | Year1Amt |
| Year2 | $63,559,728 | Year2Amt |
| Year3 | $63,559,728 | Year3Amt |
| Total | $257,884,866 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $28,352 | CurrentYearAmt |
| Year1 | $13,383 | Year1Amt |
| Year2 | $16,263 | Year2Amt |
| Total | $57,998 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,760 | ExclusionAmt |
Net Rntl Incm Re Debt Fincd Prop NetRntlIncmReDebtFincdPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $56,088 | ExclusionAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $104,735 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp (5 entries)
| DescDesc | BusinessBusinessCd | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|---|
| EXHIBITION INCOME | 900099 | $231,654 |
| ARTISTIC SERVICE REVENUE | 900099 | $270,676 |
| TOURS | 900099 | $500 |
| PUBLIC ENGAGEMENT | 900099 | $6,906 |
| OTHER INCOME | 900099 | $396 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $58,848 | ExclusionAmt |
| Related Or Exempt Function Incm | $614,867 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $673,715 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (11 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 10 | THE FOUNDATION PRODUCES AND SELLS SCULPTURES FOR WHICH SALES ARE RESTRICTED FOR THE |
| CONT. | PURPOSE OF PUBLIC ART AND PUBLIC VIEWING, WHICH SUSTAINS THE FOUNDATION AND ITS CHARITABLE |
| CONT. | AND EDUCATIONAL PROGRAMS |
| 11A | THE FOUNDATION CONDUCTS EXHIBITIONS FOR PUBLIC VIEWING OF SCULPTURES AND ART WHICH |
| CONT. | PROMOTES THE APPRECIATION AND EDUCATION ABOUT SCULPTURE AND PUBLIC ART IN GENERAL |
| 11B | THE FOUNDATION PROVIDES ARTISTIC SERVICES IN THE FORM OF REPAIR WORK OF SCULPTURES FOR |
| CONT. | PUBLIC VIEWING WHICH CONTINUES TO PROMOTE THE APPRECIATION AND EDUCATION ABOUT |
| CONT. | SCULPTURE AND PUBLIC ART IN GENERAL |
| 11C | THEH FOUNDATION PROVIDES TOURS OF ITS SCULPTUTRE MANUFACTURING FACILITIES WHICH PROMOTES |
| CONT. | THE APPRECIATION OF AND EDUCATION ABOUT SCULPTURE |
| 11D | THE FOUNDATION PROVIDES PUBLIC EDUCATION PROGRAMS TO THE PUBLIC |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | THE ATLANTIC FOUNDATION | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 FAIRGROUNDS ROAD | AddressLine1Txt |
| City | HAMILTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08619 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $4,778,500 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PFK OCONNOR DAVIES, LLP | CategoryTxt |
| Amt | $34,509 | Amt |
| Net Investment Income | $6,902 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $27,607 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | SEE ATTACHED SCHEDULE | PropertyDesc |
| Current Year Expense | $640,304 | CurrentYearExpenseAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | INVESTMENT IN SUBSIDIARY | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $149,226 | BookValueAmt |
| EOYFMV | $149,226 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SEE ATTACHED REPORT | CategoryOrItemTxt |
| Cost Or Other Basis | $19,779,623 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $3,574,983 | AccumulatedDepreciationAmt |
| Book Value | $16,204,640 | BookValueAmt |
| EOYFMV | $16,204,640 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| PATTERSON BELKNAP WEBB TYLER LLP | $89,398 | $89,398 |
| POWLEY GIBSON, P.C. | $43,330 | $43,330 |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mortgage | $474,600 | MortgageAmt |
Note Payable NotePayableGrp
Lender Name LenderNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SMALL BUSINESS ADMINISTRATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Loan Original | $474,600 | LoanOriginalAmt |
| Balance Due | $474,600 | BalanceDueAmt |
| Loan Purpose | PAYROLL PROTECTION PROGRAM | LoanPurposeTxt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (13 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ART COLLECTION | $32,778,628 | $33,297,709 | $33,297,709 |
| WORK IN PROCESS | $3,734,614 | $3,494,445 | $3,494,445 |
| DOCUMENTARY WORK | $232,192 | $232,192 | $232,192 |
| CHARGER PLATES | $67,206 | $70,319 | $70,319 |
| INTELLECTUAL PROPERTY- BOOKS | $355,755 | $237,170 | $237,170 |
| PREPAID EXPENSES- BOOKS | $103,236 | $102,911 | $102,911 |
| BOOKS INVENTORY | $625,869 | $676,947 | $676,947 |
| MERCHANDISE | $10,504 | $10,503 | $10,503 |
| CASTING DISPLAYS | $20,999 | $20,999 | $20,999 |
| SECURITY DEPOSIT | $1,970 | $1,970 | $1,970 |
| MINIATURES | $70,773 | $70,773 | $70,773 |
| PREPAID INSURANCE | $2,700 | $2,700 | |
| GOODWILL | $675,697 | $675,697 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | START-UP CASH GIVEN TO SUBSIDIARY | Desc |
| Amt | $200,000 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (24 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| DIRECT PROJECT COSTS- EXHIBITIONS | $67,453 | $67,453 | |
| DIRECT PROJECT COSTS- OTHER | $332,846 | $332,846 | |
| OFFICE SUPPLIES | $19,021 | $19,021 | |
| INSURANCE | $136,370 | $136,370 | |
| AUTO EXPENSE | $9,403 | $9,403 | |
| SHIPPING STORAGE | $29,749 | $29,749 | |
| ADVERTISING | $17,268 | $17,268 | |
| SMALL TOOLS ART SUPPLIES | $88,035 | $88,035 | |
| GIFTS | $40 | $40 | |
| BANK CHARGES FEES | $1,239 | $1,239 | |
| RENT | $15,629 | $15,629 | |
| POSTAGE DELIVERY | $7,178 | $7,178 | |
| BOOKS, DUES SUBSCRIPTIONS | $1,831 | $1,831 | |
| WEBSITE, INTERNET COMPUTER NETWORK | $13,989 | $13,989 | |
| EQUIPMENT RENTAL MAINTENANCE | $42,763 | $42,763 | |
| LICENSES FEES | $2,915 | $2,915 | |
| GARBAGE REMOVAL | $14,382 | $14,382 | |
| GAS CYLINDER RNETAL | $5,036 | $5,036 | |
| SANDBLASTER | $1,285 | $1,285 | |
| AMORTIZATION | $193,662 | $193,662 | |
| EDUCATION SEMINARS | $3,224 | $3,224 | |
| FILING FEES | $263 | $263 | |
| TELEPHONE | $18,189 | $11,456 | |
| MISCELLANEOUS | $609 | $609 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| EXHIBITION INCOME | $231,654 |
| ARTISTIC SERVICE SREVENUE | $270,676 |
| TOURS | $500 |
| PUBLIC ENGAGEMENT | $6,906 |
| OTHER INCOME | $396 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| PAYROLL LIABILITIES | $11,334 | $2,750 |
| SALES TAX PAYABLE | $2,200 | $2,283 |
| LEASE PAYABLE | $14,417 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $151,099 | Amt |
| Disbursements Charitable Prps | $151,099 | DisbursementsCharitablePrpsAmt |
Sales Of Inventory List SalesOfInventoryList
Inventory Sale InventorySaleGrp (2 entries)
| CategoryCategoryTxt | Gross SalesGrossSalesAmt | Cost Of Goods SoldCostOfGoodsSoldAmt | NetNetAmt |
|---|---|---|---|
| SCULPTURE | $255,000 | $148,919 | $106,081 |
| BOOKS | $1,080 | $2,426 | -$1,346 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| REAL ESTATE TAXES | $24,586 | $24,586 |
| CALIFORNIA OFFICE TAX | $110 | $110 |