THE METROPOLITAN MUSEUM OF ART: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- THE METROPOLITAN MUSEUM OF ART (EIN 13-1624086)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2020-02-19
- IRS object ID
- 202000509349301310
- Schema version
- 2018v3.1
- 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
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-02-19T10:53:03-06:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 13TH STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131624086 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | METROPOLITAN MUSEUM OF ART | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CONTROLLER'S OFFICE | InCareOfNm |
| Business Name Control | METR | BusinessNameControlTxt |
| Phone | 2128795500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMESON KELLEHER | PersonNm |
| Person Title | VP, CFO & TREASURER | PersonTitleTxt |
| Phone | 6464713000 | PhoneNum |
| Signature | 2020-02-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRAVIS L PATTON | PreparerPersonNm |
| PTIN | P00369623 | PTIN |
| Phone | 2024141000 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 155.201.13.101 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 13049920200505000003 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-02-19 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 71838356D65C8C19016C7743D403B263569EBC7A | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 62A2779BBCCCB9A8A3709786B6DC9891B1B361FC | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-09-23 17:36:50Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Daniel Weiss | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,261,008,779 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.METMUSEUM.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1870 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES; SEE SCHEDULE O FOR MORE DETAILS | ActivityOrMissionDesc |
| Voting Members Governing Body | 46 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 44 | VotingMembersIndependentCnt |
| Total Employee | 2564 | TotalEmployeeCnt |
| Total Volunteers | 1328 | TotalVolunteersCnt |
| Total Gross UBI | -$17,498,635 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$26,324,101 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $279,348,687 | PYContributionsGrantsAmt |
| CY Contributions Grants | $343,470,192 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $8,530,162 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,246,478 | CYProgramServiceRevenueAmt |
| PY Investment Income | $249,108,489 | PYInvestmentIncomeAmt |
| CY Investment Income | $123,737,907 | CYInvestmentIncomeAmt |
| PY Other Revenue | $37,811,505 | PYOtherRevenueAmt |
| CY Other Revenue | $40,618,994 | CYOtherRevenueAmt |
| PY Total Revenue | $574,798,843 | PYTotalRevenueAmt |
| CY Total Revenue | $515,073,571 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,704,214 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,965,533 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $198,017,360 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $198,105,171 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $237,371 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $173,372 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $15,536,666 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $291,214,167 | PYOtherExpensesAmt |
| CY Other Expenses | $290,021,630 | CYOtherExpensesAmt |
| PY Total Expenses | $492,173,112 | PYTotalExpensesAmt |
| CY Total Expenses | $491,265,706 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $82,625,731 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $23,807,865 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,364,352,710 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,477,108,999 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $692,348,797 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $741,985,047 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,672,003,913 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,735,123,952 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $165,662,723 | ExpenseAmt |
| Grant | $2,965,533 | GrantAmt |
| Revenue | $6,295,448 | RevenueAmt |
| Desc | CURATORIAL DEPARTMENTS, INCLUDING OPERATION OF THE CLOISTERS OPERATIONS OF BREUER, CONSERVATION, CATALOGUING AND SCHOLARLY PUBLICATIONS (INCLUDES FELLOWSHIP AWARDS AND TRAVEL STIPENDS IN THE AMOUNT OF $2,965,533) - SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $88,932,148 | ExpenseAmt |
| Revenue | $6,181,633 | RevenueAmt |
| Desc | ACQUISITIONS AND SALES OF ART - SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $56,868,560 | ExpenseAmt |
| Desc | GUARDIANSHIP AND MAINTENANCE OF THE MUSEUM AND ITS ART COLLECTION - SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (4 entries)
| ExpenseExpenseAmt | DescDesc | RevenueRevenueAmt |
|---|---|---|
| $27,078,179 | OPERATION OF RESTAURANTS | |
| $21,059,122 | SPECIAL EXHIBITIONS | |
| $22,703,657 | EDUCATION AND LIBRARIES | |
| $40,650,483 | ALL OTHER SUPPORT SERVICES | $3,577,218 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $111,491,441 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $3,577,218 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $422,954,872 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 773 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 2564 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | EG | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 46 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 44 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CONTROLLER'S OFFICE | PersonNm |
| Phone | 2128795500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (67 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| Daniel Brodsky | |||||||||
| Elective Trustee & Chairman | 5.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Russell L Carson | |||||||||
| Elec. Trustee&V. Chair to 9/18 | 1.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Richard L Chilton Jr | |||||||||
| Elective Trustee & Vice Chair | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Lulu C Wang | |||||||||
| Elective Trustee & Vice Chair | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Charles N Atkins | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Candace K Beinecke | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Debra Black | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Samantha Boardman | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| James Breyer | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Wellington Z Chen | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| N Anthony Coles | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Stephen M Cutler | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Blair Effron | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Mark Fisch | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Colvin Grannum | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jeffrey W Greenberg | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Caroline Diamond Harrison | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| J Tomilson Hill | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Bonnie B Himmelman | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ming Chu Hsu | |||||||||
| Elective Trustee from 11/18 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Hamilton E James | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Michael ByungJu Kim | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Sacha Lainovic | |||||||||
| Elective Trustee from 9/18 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Philip F Maritz | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Howard Marks | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Bijan Mossavar-Rahmani | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| John Paulson | |||||||||
| Elective Trustee to 9/18 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jeffrey M Peek | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Edward N Pick | |||||||||
| Elective Trustee from 11/18 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| John Pritzker | |||||||||
| Elective Trustee from 03/19 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Sir Paul Ruddock | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Alvaro Saieh | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Alejandro Santo Domingo | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Andrew M Saul | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Andrew Solomon | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Beatrice Stern | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ann G Tenenbaum | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Merryl H Tisch | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Mathew M Wambua | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Dame Anna Wintour | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Dasha Zhukova | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Bill de Blasio | |||||||||
| Ex-Officio Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Corey Johnson | |||||||||
| Ex-Officio Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Mitchell J Silver | |||||||||
| Ex-Officio Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Tom Finkelpearl | |||||||||
| Ex-Officio Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Scott Stringer | |||||||||
| Ex-Officio Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Daniel H Weiss | |||||||||
| President/CEO, Ex-Off. Trustee | 35.0 | 0.0 | Yes (X) | Yes (X) | $1,191,074 | $0 | $59,596 | ||
| Max Hollein | |||||||||
| Dir./Ex-Off. Trustee from 8/18 | 35.0 | 0.0 | Yes (X) | Yes (X) | $737,318 | $0 | $26,775 | ||
| Andrea Bayer | |||||||||
| Dep Dir Collections from 10/18 | 35.0 | 0.0 | Yes (X) | $248,134 | $0 | $54,783 | |||
| Quincy Houghton | |||||||||
| Deputy Dir of Exhibitions | 35.0 | 0.0 | Yes (X) | $378,974 | $0 | $58,946 | |||
| Inka Drogemuller | |||||||||
| Dep Dir Dig, Ed, Pub from 4/19 | 35.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Sharon H Cott | |||||||||
| SVP, Secretary & Gen. Counsel | 35.0 | 0.0 | Yes (X) | $454,617 | $0 | $59,069 | |||
| Clyde B Jones III | |||||||||
| SVP Institutional Advancement | 35.0 | 0.0 | Yes (X) | $521,009 | $0 | $47,932 | |||
| Laurel Britton | |||||||||
| VP Revenue & Ops from 9/18 | 35.0 | 0.0 | Yes (X) | $277,566 | $0 | $37,732 | |||
| Tom A Javits | |||||||||
| VP Construction & Facilities | 35.0 | 0.0 | Yes (X) | $379,537 | $0 | $58,634 | |||
| Jameson Kelleher | |||||||||
| VP, CFO & Treasurer | 35.0 | 0.0 | Yes (X) | $413,196 | $0 | $56,615 | |||
| Lauren A Meserve | |||||||||
| SVP, Chief Investment Officer | 35.0 | 0.0 | Yes (X) | $1,227,045 | $0 | $366,601 | |||
| Rich Pedott | |||||||||
| VP & Gnl Mgr Retail | 35.0 | 0.0 | Yes (X) | $455,328 | $0 | $39,093 | |||
| Allison Rutledge-Parisi | |||||||||
| VP & Chief HR Officer | 35.0 | 0.0 | Yes (X) | $375,432 | $0 | $49,171 | |||
| Jeffrey S Spar | |||||||||
| VP/Chief Tech Officer to 12/18 | 35.0 | 0.0 | Yes (X) | $358,872 | $0 | $58,922 | |||
| Kenneth N Weine | |||||||||
| VP Ex. Affairs, Chief Comm Off | 35.0 | 0.0 | Yes (X) | $342,595 | $0 | $50,541 | |||
| Justin V Reed | |||||||||
| Investment Officer | 35.0 | 0.0 | $425,587 | $0 | $149,910 | Yes (X) | |||
| Lisa Krassner | |||||||||
| Chief Member & VS Off. to 7/18 | 35.0 | 0.0 | $345,841 | $0 | $34,042 | Yes (X) | |||
| Michael B Gallagher | |||||||||
| Chairman, Paintings Conserv. | 35.0 | 0.0 | $304,908 | $0 | $58,610 | Yes (X) | |||
| Keith R Christiansen | |||||||||
| Chairman, European Paintings | 35.0 | 0.0 | $304,905 | $0 | $58,289 | Yes (X) | |||
| Stephen A Manzi | |||||||||
| Chief Develop Officer Indiv | 35.0 | 0.0 | $300,633 | $0 | $58,691 | Yes (X) | |||
| Carrie R Barratt | |||||||||
| Deputy Dir Collections to 6/18 | 35.0 | 0.0 | $310,441 | $0 | $54,999 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $9,353,012 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,438,951 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 321 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SKANSKA USA BUILDING INC | |||||
| 389 Interpace Parkway 5th Fl | PARSIPPANY | NJ | 07054 | Construction Manager | $15,229,135 |
| H L ELECTRIC INC | |||||
| 41-11 28th St | LONG ISLAND CITY | NY | 11101 | CONSTRUCTION MANAGER | $5,202,384 |
| ISLAND ACCOUSTICS LLC | |||||
| 518 JOHNSON AVENUE | BOHEMIA | NY | 11716 | CONSTRUCTION MANAGER | $2,924,764 |
| Atrium Staffing LLC | |||||
| 625 Liberty Ave Suite 200 | PITTSBURGH | PA | 15222 | PROFESSIONAL SRVCS | $2,696,766 |
| MASTERPIECE INTERNATIONAL | |||||
| 39 Broadway Suite 1410 | NEW YORK | NY | 10006 | CUSTOMS BROKERAGE | $2,332,542 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 78 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $29,091,025 | MembershipDuesAmt |
| Fundraising | $22,719,456 | FundraisingAmt |
| Government Grants | $13,164,025 | GovernmentGrantsAmt |
| All Other Contributions | $278,495,686 | AllOtherContributionsAmt |
| Noncash Contributions | $90,837,298 | NoncashContributionsAmt |
| Total Contributions | $343,470,192 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| EDUCATIONAL PRGMS, CONCERTS & LECTURES | 532000 | $7,047,785 | $6,950,832 | $96,953 |
| PHOTO RENTALS & FILM FEES | 532000 | $198,693 | $198,693 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,246,478 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $20,823,034 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$23,792,101 | UnrelatedBusinessRevenueAmt |
| Exclusion | $44,615,135 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $531,250 | TotalRevenueColumnAmt |
| Exclusion | $531,250 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $793,798,991 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$690,884,118 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $102,914,873 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $102,914,873 | TotalRevenueColumnAmt |
| Exclusion | $102,914,873 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $1,070,686 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $22,719,455 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $6,374,481 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$5,303,795 | TotalRevenueColumnAmt |
| Exclusion | -$5,303,795 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $51,366,173 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $48,676,609 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,689,564 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,317,100 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $372,464 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| CORPORATE EVENTS | 722320 | $3,327,887 | $309,088 | $3,018,799 | |
| PARKING GARAGE | 812930 | $2,429,341 | $2,429,341 | ||
| RESTAURANT | 722511 | $30,763,114 | $2,606,557 | $28,156,557 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,181,633 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $6,181,633 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $42,701,975 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $515,073,571 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $15,758,653 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$17,498,635 | UnrelatedBusinessRevenueAmt |
| Exclusion | $173,343,361 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,886,366 | TotalAmt |
| Program Services | $2,886,366 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,167 | TotalAmt |
| Program Services | $79,167 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,360,697 | TotalAmt |
| Program Services | $2,541,886 | ProgramServicesAmt |
| Management And General | $4,297,802 | ManagementAndGeneralAmt |
| Fundraising | $521,009 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,487,451 | TotalAmt |
| Program Services | $119,328,778 | ProgramServicesAmt |
| Management And General | $2,425,720 | ManagementAndGeneralAmt |
| Fundraising | $5,732,953 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,339,430 | TotalAmt |
| Program Services | $3,229,590 | ProgramServicesAmt |
| Management And General | $988,037 | ManagementAndGeneralAmt |
| Fundraising | $121,803 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,068,478 | TotalAmt |
| Program Services | $36,518,873 | ProgramServicesAmt |
| Management And General | $11,172,313 | ManagementAndGeneralAmt |
| Fundraising | $1,377,292 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,849,115 | TotalAmt |
| Program Services | $7,330,134 | ProgramServicesAmt |
| Management And General | $2,242,528 | ManagementAndGeneralAmt |
| Fundraising | $276,453 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,842,329 | TotalAmt |
| Program Services | $350,830 | ProgramServicesAmt |
| Management And General | $1,491,499 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $997,805 | TotalAmt |
| Program Services | $1,394 | ProgramServicesAmt |
| Management And General | $996,411 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,457 | TotalAmt |
| Program Services | $89,457 | ProgramServicesAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,372 | TotalAmt |
| Fundraising | $173,372 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,790,764 | TotalAmt |
| Management And General | $19,790,764 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,722,271 | TotalAmt |
| Program Services | $8,038,540 | ProgramServicesAmt |
| Management And General | $898,484 | ManagementAndGeneralAmt |
| Fundraising | $785,247 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,470,883 | TotalAmt |
| Program Services | $7,565,990 | ProgramServicesAmt |
| Management And General | $39,151 | ManagementAndGeneralAmt |
| Fundraising | $865,742 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,345,263 | TotalAmt |
| Program Services | $39,936,528 | ProgramServicesAmt |
| Management And General | $1,603,071 | ManagementAndGeneralAmt |
| Fundraising | $3,805,664 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,200,322 | TotalAmt |
| Program Services | $991,202 | ProgramServicesAmt |
| Management And General | $2,062,443 | ManagementAndGeneralAmt |
| Fundraising | $146,677 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,108,900 | TotalAmt |
| Program Services | $5,878,681 | ProgramServicesAmt |
| Management And General | $155,702 | ManagementAndGeneralAmt |
| Fundraising | $74,517 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,206,367 | TotalAmt |
| Program Services | $2,846,210 | ProgramServicesAmt |
| Management And General | $132,831 | ManagementAndGeneralAmt |
| Fundraising | $227,326 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $357,025 | TotalAmt |
| Program Services | $246,970 | ProgramServicesAmt |
| Management And General | $95,739 | ManagementAndGeneralAmt |
| Fundraising | $14,316 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,865,679 | TotalAmt |
| Program Services | $11,608,417 | ProgramServicesAmt |
| Management And General | $1,076,279 | ManagementAndGeneralAmt |
| Fundraising | $180,983 | FundraisingAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,463,854 | TotalAmt |
| Program Services | $46,074,527 | ProgramServicesAmt |
| Management And General | $2,119,037 | ManagementAndGeneralAmt |
| Fundraising | $270,290 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,820,015 | TotalAmt |
| Program Services | $1,047,153 | ProgramServicesAmt |
| Management And General | $635,787 | ManagementAndGeneralAmt |
| Fundraising | $137,075 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PURCHASES OF ART | $88,932,148 | $88,932,148 | ||
| RESTAURANT SERVICES & SUPPLIES | $27,546,582 | $27,546,582 | ||
| REPAIRS & MAINTENANCE | $6,259,153 | $6,254,611 | $4,542 | |
| CATERING SERVICES | $3,378,937 | $2,556,821 | $65,568 | $756,548 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,623,876 | TotalAmt |
| Program Services | $1,074,017 | ProgramServicesAmt |
| Management And General | $480,460 | ManagementAndGeneralAmt |
| Fundraising | $69,399 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $491,265,706 | TotalAmt |
| Program Services | $422,954,872 | ProgramServicesAmt |
| Management And General | $52,774,168 | ManagementAndGeneralAmt |
| Fundraising | $15,536,666 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,282,316 | BOYAmt |
| EOY | $46,477,189 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,012,172 | BOYAmt |
| EOY | $127,566,117 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,281,301 | BOYAmt |
| EOY | $13,220,692 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,055,056 | BOYAmt |
| EOY | $12,720,325 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,937,539 | BOYAmt |
| EOY | $6,403,852 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,179,047,787 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $810,091,312 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $370,825,240 | BOYAmt |
| EOY | $368,956,475 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,788,965,792 | BOYAmt |
| EOY | $2,837,328,048 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $939,876,765 | BOYAmt |
| EOY | $1,013,937,764 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,116,529 | BOYAmt |
| EOY | $50,498,537 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,364,352,710 | BOYAmt |
| EOY | $4,477,108,999 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,664,822 | BOYAmt |
| EOY | $84,897,333 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,153,488 | BOYAmt |
| EOY | $5,580,978 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $164,139,130 | BOYAmt |
| EOY | $169,652,404 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,365,000 | BOYAmt |
| EOY | $14,703,800 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $246,710,085 | BOYAmt |
| EOY | $247,385,913 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $193,316,272 | BOYAmt |
| EOY | $219,764,619 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $692,348,797 | BOYAmt |
| EOY | $741,985,047 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $964,277,996 | BOYAmt |
| EOY | $1,061,995,527 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,617,827,759 | BOYAmt |
| EOY | $1,304,211,292 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,089,898,158 | BOYAmt |
| EOY | $1,368,917,133 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,672,003,913 | BOYAmt |
| EOY | $3,735,123,952 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,364,352,710 | BOYAmt |
| EOY | $4,477,108,999 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $23,807,865 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $58,619,606 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$19,307,432 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $255,926,608 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $259,945,100 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $312,492,656 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $279,348,687 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $343,470,192 | CurrentTaxYearAmt |
| Total | $1,451,183,243 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,715,169 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,715,465 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,667,793 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,908,833 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,194,609 | CurrentTaxYearAmt |
| Total | $83,201,869 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $272,641,777 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $277,660,565 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $327,160,449 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $297,257,520 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $359,664,801 | CurrentTaxYearAmt |
| Total | $1,534,385,112 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $105,090,823 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,429,294,289 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $43,474,530 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $38,288,913 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $39,412,992 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $44,924,524 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $45,146,385 | CurrentTaxYearAmt |
| Total | $211,247,344 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,745,632,456 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $340,482,373 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.81878 | PublicSupportCY170Pct |
| Public Support PY170 | 0.80766 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $18,759 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $302,888 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $321,647 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $545,994,780 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $546,316,427 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $339,239 | CurrentYearMinus3Amt |
| Current Year Minus2 | $342,462 | CurrentYearMinus2Amt |
| Current Year Minus1 | $342,708 | CurrentYearMinus1Amt |
| Current Year | $321,647 | CurrentYearAmt |
| Total | $1,346,056 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $18,989 | CurrentYearMinus3Amt |
| Current Year Minus2 | $19,448 | CurrentYearMinus2Amt |
| Current Year Minus1 | $20,948 | CurrentYearMinus1Amt |
| Current Year | $18,759 | CurrentYearAmt |
| Total | $78,144 | TotalAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,141,933,837 | BeginningYearBalanceAmt |
| Contributions | $87,717,708 | ContributionsAmt |
| Investment Earnings Or Losses | $183,685,830 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,167,736 | GrantsOrScholarshipsAmt |
| Other Expenditures | $153,780,575 | OtherExpendituresAmt |
| End Year Balance | $3,256,389,064 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,893,395,137 | BeginningYearBalanceAmt |
| Contributions | $39,032,474 | ContributionsAmt |
| Investment Earnings Or Losses | $330,683,094 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,156,563 | GrantsOrScholarshipsAmt |
| Other Expenditures | $118,020,305 | OtherExpendituresAmt |
| End Year Balance | $3,141,933,837 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,523,689,299 | BeginningYearBalanceAmt |
| Contributions | $106,501,247 | ContributionsAmt |
| Investment Earnings Or Losses | $388,580,757 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,998,554 | GrantsOrScholarshipsAmt |
| Other Expenditures | $122,377,612 | OtherExpendituresAmt |
| End Year Balance | $2,893,395,137 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,700,466,038 | BeginningYearBalanceAmt |
| Contributions | $20,417,352 | ContributionsAmt |
| Investment Earnings Or Losses | -$26,064,305 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,149,811 | GrantsOrScholarshipsAmt |
| Other Expenditures | $167,979,975 | OtherExpendituresAmt |
| End Year Balance | $2,523,689,299 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,656,291,524 | BeginningYearBalanceAmt |
| Contributions | $55,893,860 | ContributionsAmt |
| Investment Earnings Or Losses | $131,623,264 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,949,425 | GrantsOrScholarshipsAmt |
| Other Expenditures | $140,393,185 | OtherExpendituresAmt |
| End Year Balance | $2,700,466,038 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.28710 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.71290 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,015,000 | OtherCostOrOtherBasisAmt |
| Book Value | $1,015,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $39,524,458 | OtherCostOrOtherBasisAmt |
| Depreciation | $28,258,911 | DepreciationAmt |
| Book Value | $11,265,547 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,069,765,603 | OtherCostOrOtherBasisAmt |
| Depreciation | $723,679,103 | DepreciationAmt |
| Book Value | $346,086,500 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $68,742,726 | OtherCostOrOtherBasisAmt |
| Depreciation | $58,153,298 | DepreciationAmt |
| Book Value | $10,589,428 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $368,956,475 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE EQUITY | $556,675,200 | F |
| REAL ASSETS | $457,262,564 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,013,937,764 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITY & SPLIT-INT OBLIGS. | $15,076,392 |
| PENSION AND OTHER ACCRUED RTRM | $204,688,227 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $219,764,619 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $608,910,016 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $58,619,606 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $16,245,609 | OtherRevenueAmt |
| Revenue Not Reported | $74,865,215 | RevenueNotReportedAmt |
| Revenue Subtotal | $534,044,801 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$18,971,230 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$18,971,230 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $515,073,571 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $390,342,200 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $71,296,699 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $71,296,699 | ExpensesNotReportedAmt |
| Expenses Subtotal | $319,045,501 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $172,220,205 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $172,220,205 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $491,265,706 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART III, LINE 1A | SFAS 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 4 | DESCRIPTION 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 & 4 | INTENDED 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 1 | AUDITED FINANCIAL STATEMENTS INCLUDE $370,437,874 FROM OPERATING ACTIVITIES AND $238,472,142 FROM NON-OPERATING ACTIVITIES FOR REVENUE, GAINS AND OTHER SUPPORT. TOTAL PART XI, LINE 1 $608,910,016. |
| SCHEDULE D, PART XI, LINE 2D | RECONCILING ITEMS FOR REVENUE INCLUDE THE FOLLOWING: ADVERTISING GIFTS-IN-KIND 51,000 FEDERAL INDEMNIFICATION 382,083 UTILITIES PROVIDED BY THE CITY OF NEW YORK 15,812,526 ---------- TOTAL 16,245,609 |
| SCHEDULE D, PART XI, LINE 4B | RECONCILING ITEMS FOR REVENUE INCLUDE THE FOLLOWING: MANAGEMENT FEES AND OTHER INVESTMENT EXPENSES 20,700,118 EXCESS INVESTMENT RETURN 29,956,627 COST OF SALES (48,676,609) FUNDRAISING EVENTS (6,374,481) PROCEEDS FROM SALE OF ART 6,181,633 2015 BOND PROCEEDS 1,443,558 CORPORATE SPECIAL EVENTS 729,425 MUSEUM LOANS 860,600 PARTNERSHIP UBIT (23,792,101) ------------ TOTAL (18,971,230) |
| SCHEDULE D, PART XII, LINE 2D | RECONCILING ITEMS FOR EXPENSES INCLUDE THE FOLLOWING: COST OF SALES 48,676,609 FUNDRAISING EVENTS 6,374,481 ADVERTISING GIFTS-IN-KIND 51,000 FEDERAL INDEMNIFICATION 382,083 UTILITIES PROVIDED BY THE CITY OF NEW YORK 15,812,526 ------------ TOTAL 71,296,699 |
| SCHEDULE D, PART XII, LINE 4B | RECONCILING ITEMS FOR EXPENSES INCLUDE THE FOLLOWING: DEPRECIATION AND MISCELLANEOUS NON-CAPITAL EXPENSES 47,932,099 PURCHASES OF ART 88,932,148 MANAGEMENT FEES AND OTHER INVESTMENT INCOME 20,700,118 INVESTMENT EXPENSES ON THE SERIES 2015 BOND 317,691 CORPORATE SPECIAL EVENTS 729,425 MUSEUM LOANS 860,600 EFFECT OF INTEREST RATE SWAP 12,748,124 ----------- TOTAL 172,220,205 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (10 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| Europe (Including Iceland and Greenland) | Grantmaking | T. Rousseau Fellowship | $79,167 |
| Europe (Including Iceland and Greenland) | Program Services | RESEARCH & EXHIBITIONS | $624,644 |
| Sub-Saharan Africa | Program Services | RESEARCH & EXHIBITIONS | $125 |
| East Asia and the Pacific | Program Services | RESEARCH & EXHIBITIONS | $157,717 |
| South Asia | Program Services | RESEARCH & EXHIBITIONS | $101,080 |
| South America | Program Services | RESEARCH & EXHIBITIONS | $15,156 |
| Middle East and North Africa | Program Services | RESEARCH & EXHIBITIONS | $30,589 |
| North America | Program Services | RESEARCH & EXHIBITIONS | $33,441 |
| Central America and the Caribbean | Investments | $945,205,537 | |
| Europe (Including Iceland and Greenland) | Investments | $28,092,504 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $974,339,960 | SubtotalSpentAmt |
| Total Spent | $974,339,960 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | T. Rousseau Fellowship | TypeOfAssistanceTxt |
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Recipient | 2 | RecipientCnt |
| Cash Grant | $79,167 | CashGrantAmt |
| Manner Of Cash Disbursement | CHECK | MannerOfCashDisbursementTxt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Description Of Non Cash Asst | N/A | DescriptionOfNonCashAsstTxt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING PROCEDURES - FORM 990, SCHEDULE F, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | The 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 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONOR SERVICES GROUP | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 WILSHIRE BOULEVARD | AddressLine1Txt |
| Address Line2 | SUITE 650 | AddressLine2Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | TELE- MARKETING | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Gross Receipts | $429,709 | GrossReceiptsAmt |
| Retained By Contractor | $173,372 | RetainedByContractorAmt |
| Net To Organization | $256,337 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $429,709 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $173,372 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $256,337 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Costume Institu | Event1Nm |
| Gross Receipts Event1 | $15,128,670 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $14,615,670 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $513,000 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $4,396,288 | OtherDirectExpensesEvent1Amt |
| Event2 | Corporate Bene | Event2Nm |
| Gross Receipts Event2 | $1,939,155 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $1,879,215 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $59,940 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $219,548 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 8 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $6,722,316 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $6,224,570 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $497,746 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $1,758,645 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $23,790,141 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $22,719,455 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $1,070,686 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $6,374,481 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $6,374,481 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$5,303,795 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE G, PART I, Line 2B | The Membership department contracted telemarketing firm Donor Services Group (DSG) to facilitate campaigns directed at current and lapsed Members of The Met throughout fiscal 2019. DSG callers referred to a script, preapproved by the Membership Department, when soliciting Members by phone. In fiscal 2019, 7,564 current Members were contacted by DSG requesting a contribution to the Membership Annual Appeal; 19,867 current Members were contacted by DSG prior to expiration with Membership renewal requests; 2,210 lapsed Members were contacted by DSG after expiration with a request to renew their Membership. |
| SCHEDULE G, PART II, LINE 11 AND FORM 990, PART VIII, LINE 8 | NOTE THAT THE $5,303,795 LOSS ON FORM 990, PART VIII, LINE 8(C) EXCLUDES THE $22,719,455 OF CONTRIBUTIONS WHICH IF INCLUDED, WOULD RESULT IN A NET SURPLUS OF $17.4 MILLION. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (20 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| The Bothmer Fellowship | 1 | $6,667 | N/A | N/A |
| Sylvan C. and Pam Coleman Memorial Fellowship | 7 | $213,750 | N/A | N/A |
| Chester Dale Fellowship | 10 | $289,792 | N/A | N/A |
| Annette de la Renta Fellowship | 2 | $55,238 | N/A | N/A |
| The Douglass Foundation Fellowship | 2 | $48,600 | N/A | N/A |
| Sherman Fairchild Foundation Fellowship | 2 | $53,167 | N/A | N/A |
| Andrew W. Mellon Art History Fellowship | 18 | $636,166 | N/A | N/A |
| Andrew W. Mellon Conservation Fellowship | 10 | $265,721 | N/A | N/A |
| Andrew W. Mellon Postdoctoral Curatorial Fellowshi | 2 | $88,990 | N/A | N/A |
| Andrew W. Mellon Collection Specialist Fellowship | 3 | $128,393 | N/A | N/A |
| Research Scholarship in Photograph Conservation Fe | 1 | $55,000 | N/A | N/A |
| J.Clawson Mills Fellowship | 5 | $127,017 | N/A | N/A |
| Slifka Foundation Fellowship | 1 | $6,667 | N/A | N/A |
| Hanns Swarzenski and Brigitte Horney Fellowship | 1 | $38,333 | N/A | N/A |
| Jane and Morgan Whitney Fellowship | 6 | $69,771 | N/A | N/A |
| Polaire Weissman Fellowship | 3 | $150,924 | N/A | N/A |
| Leonard A. Lauder Fellowships in Modern Art | 8 | $318,407 | N/A | N/A |
| Andrew W. Mellon Indian Conservation Fellowship Pr | 4 | $71,665 | N/A | N/A |
| Mellon Supplemental Fellowship Funds | 74 | $239,565 | N/A | N/A |
| ARIAH Fellowship | 1 | $22,533 | N/A | N/A |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING PROCEDURES- FORM 990, SCHEDULE I, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | The 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 their 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 J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (20 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt |
|---|---|---|---|---|---|---|---|
| Daniel H Weiss | |||||||
| President/CEO, Ex-Off. Trustee | $955,473 | $235,601 | $38,606 | $20,990 | $1,250,670 | ||
| Max Hollein | |||||||
| Dir./Ex-Off. Trustee from 8/18 | $401,317 | $86,001 | $22,000 | $4,775 | $764,093 | $250,000 | |
| Andrea Bayer | |||||||
| Dep Dir Collections from 10/18 | $203,224 | $37,910 | $33,859 | $20,924 | $302,917 | $7,000 | |
| Quincy Houghton | |||||||
| Deputy Dir of Exhibitions | $355,470 | $3,504 | $38,606 | $20,340 | $437,920 | $20,000 | |
| Sharon H Cott | |||||||
| SVP, Secretary & Gen. Counsel | $450,315 | $4,302 | $38,606 | $20,463 | $513,686 | ||
| Clyde B Jones III | |||||||
| SVP Institutional Advancement | $513,485 | $7,524 | $38,606 | $9,326 | $568,941 | ||
| Laurel Britton | |||||||
| VP Revenue & Ops from 9/18 | $276,657 | $909 | $36,354 | $1,378 | $315,298 | ||
| Tom A Javits | |||||||
| VP Construction & Facilities | $371,166 | $8,371 | $38,606 | $20,028 | $438,171 | ||
| Jameson Kelleher | |||||||
| VP, CFO & Treasurer | $412,235 | $961 | $35,983 | $20,632 | $469,811 | ||
| Lauren A Meserve | |||||||
| SVP, Chief Investment Officer | $643,371 | $1,710 | $357,354 | $9,247 | $1,593,646 | $581,964 | $263,163 |
| Rich Pedott | |||||||
| VP & Gnl Mgr Retail | $453,170 | $2,158 | $30,250 | $8,843 | $494,421 | ||
| Allison Rutledge-Parisi | |||||||
| VP & Chief HR Officer | $371,766 | $3,666 | $30,250 | $18,921 | $424,603 | ||
| Jeffrey S Spar | |||||||
| VP/Chief Tech Officer to 12/18 | $357,017 | $1,855 | $38,606 | $20,316 | $417,794 | ||
| Kenneth N Weine | |||||||
| VP Ex. Affairs, Chief Comm Off | $340,776 | $1,819 | $30,250 | $20,291 | $393,136 | ||
| Justin V Reed | |||||||
| Investment Officer | $242,957 | $470 | $148,700 | $1,210 | $575,497 | $182,160 | |
| Lisa Krassner | |||||||
| Chief Member & VS Off. to 7/18 | $127,117 | $218,724 | $22,831 | $11,211 | $379,883 | ||
| Michael B Gallagher | |||||||
| Chairman, Paintings Conserv. | $290,462 | $14,446 | $38,606 | $20,004 | $363,518 | ||
| Keith R Christiansen | |||||||
| Chairman, European Paintings | $294,878 | $10,027 | $38,606 | $19,683 | $363,194 | ||
| Stephen A Manzi | |||||||
| Chief Develop Officer Indiv | $297,677 | $2,956 | $38,606 | $20,085 | $359,324 | ||
| Carrie R Barratt | |||||||
| Deputy Dir Collections to 6/18 | $180,910 | $129,531 | $38,606 | $16,393 | $365,440 | ||
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 1A | PERSONAL HOUSING - FOR CALENDAR YEAR 2018, THE MUSEUM PROVIDED A HOUSING ALLOWANCE TO THE PRESIDENT AND CHIEF Executive OFFICER, DANIEL WEISS. THE MUSEUM PROVIDED A HOUSING ALLOWANCE TO THE DIRECTOR, MAX HOLLEIN, FOR A PORTION OF CALENDAR YEAR 2018 COMMENCING ON JULY 23, 2018. THESE ALLOWANCES WERE TREATED AS TAXABLE COMPENSATION. |
| SCHEDULE J, PART I, LINE 4A | THE FOLLOWING PERSON RECEIVED A SEVERANCE PAYMENT IN CALENDAR YEAR 2018: LISA KRASSNER - $170,000 |
| SCHEDULE J, PART I, LINE 4B | THE FOLLOWING PERSONS PARTICIPATED IN OR RECEIVED PAYMENTS FROM A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN IN CALENDAR YEAR 2018: DANIEL WEISS - $105,000 MAX HOLLEIN - $22,200 |
| SCHEDULE J, PART I, LINE 7 | PURSUANT TO THE MUSEUM'S INCENTIVE COMPENSATION PLAN FOR INVESTMENT STAFF, SENIOR VICE PRESIDENT AND CHIEF INVESTMENT OFFICER, LAUREN MESERVE, RECEIVED A BONUS PAYMENT OF $581,964 AND INVESTMENT OFFICER, JUSTIN V. REED, RECEIVED A BONUS PAYMENT OF $182,160. ALL SUCH PAYMENTS ARE 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 $318,983 AND A BONUS PAYMENT FOR JUSTIN V. REED OF $118,450. 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 ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY | ||||||||
| A | 911882413 | 649717NP6 | 2006-12-01 | $65,000,000 | PARTIAL FUNDING OF CAPITAL PROJECT | false | false | false |
| Trust for Cultural Resources of the City of NY | ||||||||
| B | 911882413 | 649717NQ4 | 2006-12-01 | $65,000,000 | PARTIAL FUNDING OF CAPITAL PROJECT | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $65,000,000 | $0 | $0 | $0 | $795,690 | $0 | $0 | $64,204,310 | $0 | $0 | false | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $65,000,000 | $0 | $0 | $0 | $795,690 | $0 | $0 | $64,204,310 | $0 | $0 | false | false | Yes (true) | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | Yes (true) | false | 0 | false | false | false | Yes (true) |
| B | false | false | Yes (true) | Yes (true) | false | 0 | false | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Exception To RebateExceptionToRebateInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||
| A | false | Yes (true) | Yes (true) | false | false | 0 | false | Yes (true) |
| 0 | ||||||||
| B | false | Yes (true) | Yes (true) | false | false | 0 | false | Yes (true) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule K, Part III. Lines 4-6, Private Business and Unrelated Use | FormAndLineReferenceDesc |
| Explanation | THE 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, 2019 TO BE NEARLY 0% IN TAX EXEMPT BOND-FINANCED SPACE. THIS ANALYSIS EXCLUDES COST OF ISSUANCE. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 210 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp |
Art Fractional Interest ArtFractionalInterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 153 | ContributionCnt |
| Noncash Contributions Rpt F990 | $90,837,298 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Mkt Value- Gift Date | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Form8283 Received | 70 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 32B | The 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 33 | In 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. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III - PROGRAM SERVICES | MISSION 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." THE METROPOLITAN MUSEUM OF ART'S UNPARALLELED COLLECTION, GROUNDBREAKING EXHIBITIONS AND SCHOLARSHIP, AND INNOVATIVE PROGRAMS OFFER POWERFUL WAYS TO EXPERIENCE MORE THAN FIVE MILLENNIA OF ART AND CULTURE. IN FISCAL YEAR 2019, OUR WIDE-RANGING ACTIVITIES WERE BOTH IMPACTFUL AND WELL RECEIVED. TOTAL ATTENDANCE WAS MORE THAN 7 MILLION VISITORS FOR THE THIRD YEAR IN A ROW, DEMONSTRATING THE STRENGTH OF OUR MISSION TO CONNECT PEOPLE WITH THE ART OF ALL TIMES AND CULTURES. IN FISCAL YEAR 2019 THE MUSEUM ALSO BEGAN ACTIVELY PLANNING FOR ITS 150TH ANNIVERSARY CELEBRATION IN 2020, AND WE LOOK FORWARD TO CELEBRATING WITH OUR GLOBAL AUDIENCE IN WAYS THAT ALLOW THE MAGNIFICENCE AND RELEVANCE OF THE MET TO SHINE. BELOW IS A SUMMARY OF OUR MANY ACTIVITIES AND ACHIEVEMENTS DURING FISCAL YEAR 2019. ATTENDANCE FOR THE THIRD YEAR IN A ROW THE MUSEUM WELCOMED MORE THAN 7 MILLION VISITORS (7,027,858) TO ITS THREE LOCATIONS--THE MET FIFTH AVENUE, THE MET CLOISTERS, AND THE MET BREUER--IN FISCAL YEAR 2019, WHICH WAS ALSO THE FIRST FULL FISCAL YEAR UNDER THE MUSEUM'S NEW ADMISSIONS POLICY. CONTINUALLY ONE OF NEW YORK'S MOST VISITED TOURIST ATTRACTIONS FOR DOMESTIC AND INTERNATIONAL AUDIENCES, THE MET DRAWS A WIDE RANGE OF VISITORS. IN THE PAST FISCAL YEAR, INTERNATIONAL TOURISTS ACCOUNTED FOR 28 PERCENT OF VISITORS, LOCAL VISITORS FROM THE FIVE BOROUGHS MADE UP 35 PERCENT OF THE OVERALL TOTAL, AND 16 PERCENT WERE FROM THE TRISTATE AREA. THE MET CLOISTERS DREW 325,326 VISITORS IN FISCAL YEAR 2019, A RECORD FOR THE LOCATION THAT WAS FUELED BY THE ATTENDANCE FOR "HEAVENLY BODIES: FASHION AND THE CATHOLIC IMAGINATION", AND THE MET BREUER SAW MORE THAN 326,392. INTERNATIONAL ACTIVITY CONNECTING AUDIENCES AROUND THE WORLD WITH THE MET'S VAST RESOURCES IS AN IMPORTANT PART OF OUR MISSION, AND FISCAL YEAR 2019 SAW MANY ACHIEVEMENTS IN THIS AREA. IN THE FIELD OF CONSERVATION, THE MET CONTINUES ITS LEADERSHIP ROLE IN THE INDIAN CONSERVATION FELLOWSHIP PROGRAM (ICFP), A MULTIYEAR PARTNERSHIP INITIATED IN 2011 BETWEEN THE MET; STICHTING RESTAURATIE ATELIER LIMBURG, MAASTRICHT, THE NETHERLANDS; THE FREER GALLERY OF ART AND THE ARTHUR M. SACKLER GALLERY, SMITHSONIAN INSTITUTE, WASHINGTON, D.C.; AND THE GOVERNMENT OF INDIA, SUPPORTED BY THE ANDREW W. MELLON FOUNDATION AND THE MINISTRY OF CULTURE, INDIA. THE PROGRAM PROVIDES PRACTICAL, INTENSIVE TRAINING AND PROFESSIONAL DEVELOPMENT FOR EMERGING AND MID-CAREER INDIAN CONSERVATORS AT HOST INSTITUTIONS. THE NETWORK INITIATIVE FOR CONSERVATION SCIENCE (NICS), A PILOT PROGRAM LAUNCHED IN SEPTEMBER 2016 BY THE MET AND ITS DEPARTMENT OF SCIENTIFIC RESEARCH WITH THE SUPPORT OF THE ANDREW W. MELLON FOUNDATION, HELD ITS SECOND ANNUAL SYMPOSIUM IN NOVEMBER 2018. NICS AIMS TO ADVANCE RESEARCH AND SCHOLARSHIP IN ART HISTORY, ARCHAEOLOGY, CONSERVATION, AND SCIENCE BY SHARING THE MUSEUM'S CUTTING-EDGE RESEARCH FACILITIES AND EXPERTISE WITH A GROUP OF PARTNER INSTITUTIONS, INCLUDING TEN NEW YORK MUSEUMS. CONSERVATORS FROM THE BROOKLYN MUSEUM, THE CENTRAL PARK CONSERVANCY, THE FRICK COLLECTION, THE HISPANIC SOCIETY OF AMERICA, THE MORGAN LIBRARY AND MUSEUM, AND THE NEW YORK PUBLIC LIBRARY PARTICIPATED IN THIS YEAR'S SYMPOSIUM. THE MET CONTINUED TO MAKE PROGRESS IN ITS PROJECT TO ASSIST SYRIAN AND IRAQI MUSEUM COLLEAGUES IN THEIR EFFORTS TO DOCUMENT AND PUBLISH ENDANGERED COLLECTIONS, AN INITIATIVE MADE POSSIBLE BY THE WHITING FOUNDATION. IN JANUARY 2019, THE MET AND ITS PARTNERS, COLUMBIA UNIVERSITY AND THE AMERICAN CENTER OF ORIENTAL RESEARCH (ACOR), ORGANIZED A WORKSHOP IN AMMAN, JORDAN, THAT BROUGHT TOGETHER THIRTEEN STAFF MEMBERS FROM THE IRAQ, BASRAH, MOSUL, AND SLEMANI MUSEUMS FOR SPECIALIZED TRAINING IN WRITING LABELS AND TEXT, RESEARCHING OBJECTS, PREPARING IMAGES FOR PUBLICATION, CREATING WEBSITES, AND PRODUCING PUBLICATION-READY COLLECTION-RELATED CONTENT. THROUGH THE SUPPORT OF THE MUSEUM'S ADELAIDE MILTON DE GROOT FUND, MET STAFF CONTINUE TO PARTICIPATE IN ARCHAEOLOGICAL RESEARCH IN GREECE, TURKMENISTAN, AND GUATEMALA. AT PALAIKASTRO IN EASTERN CRETE, IN AN EXCAVATION CONDUCTED UNDER THE AUSPICES OF THE BRITISH SCHOOL AT ATHENS, WORK THIS YEAR FOCUSED ON THE STUDY OF BUILDING 4 FROM THE 1986-2003 EXCAVATION CAMPAIGN OF THE MINOAN BRONZE AGE SETTLEMENT. THE MET INITIATED A NEW ARCHAEOLOGICAL PROJECT IN APRIL FOLLOWING A MEMORANDUM OF UNDERSTANDING SIGNED WITH THE MINISTRY OF CULTURE IN TURKMENISTAN FOR FIELDWORK AT THE SITE OF DANDANAKAN/DASH RABAT IN THE MARY PROVINCE, A MEDIEVAL CARAVAN TOWN. THE WORK IS CONDUCTED IN COLLABORATION WITH COLLEAGUES FROM THE NATIONAL ADMINISTRATION FOR THE PROTECTION, STUDY AND RESTORATION OF CULTURAL AND HISTORICAL MONUMENTS OF TURKMENISTAN, AND THE ANCIENT MERV HISTORICAL AND CULTURAL PARK. IN 2018, THE DEPARTMENT OF THE ARTS OF AFRICA, OCEANIA, AND THE AMERICAS PARTICIPATED IN A THIRD SEASON OF ARCHAEOLOGICAL FIELDWORK AND CONSERVATION AT THE SITE OF PIEDRAS NEGRAS, GUATEMALA, WORKING WITH THE GUATEMALAN INSTITUTE OF ANTHROPOLOGY AND HISTORY, BROWN UNIVERSITY, BRANDEIS UNIVERSITY, AND THE PEABODY MUSEUM OF ARCHAEOLOGY AND ETHNOLOGY AT HARVARD UNIVERSITY. PIEDRAS NEGRAS, ONE OF THE MOST IMPORTANT MAYA ROYAL COURTS FROM THE FIFTH TO THE NINTH CENTURY, IS RENOWNED FOR ITS HIEROGLYPHIC INSCRIPTIONS AND SCULPTURE, INCLUDING THE UPPER PORTION OF PIEDRAS NEGRAS STELA 5, ON LONG-TERM LOAN TO THE MET FROM GUATEMALA. COLLECTION AND ACQUISITIONS IN FISCAL YEAR 2019 THE MUSEUM MADE A NUMBER OF KEY ACQUISITIONS THAT ADD NEW PERSPECTIVES AND POSE NEW QUESTIONS, KEEPING THE MET A RELEVANT AND DYNAMIC INSTITUTION. KEY ACQUISITIONS INCLUDED TWO WORKS FOR THE DEPARTMENT OF EUROPEAN PAINTINGS: A 1636 PORTRAIT OF QUEEN HENRIETTA MARIA BY THE FLEMISH PAINTER ANTHONY VAN DYCK (1599-1641) AND ONE OF THE FIRST POINTILLIST PORTRAITS BY THEO VAN RYSSELBERGHE (BELGIAN, 1862-1926), TITLED "LITTLE DENISE FOR THE DEPARTMENT OF GREEK AND ROMAN ART, AN EXTRAORDINARY EXAMPLE OF ROMAN SCULPTURE--AN IMPRESSIVE MARBLE WELLHEAD, OR PUTEAL, OF THE SECOND CENTURY; FOR THE DEPARTMENT OF ASIAN ART, A MASTERWORK IN THE CORPUS OF IMPERIAL-QUALITY DEVOTIONAL BRONZE ICONS PRODUCED UNDER CHOLA PATRONAGE DEPICTING THE FORM OF SHIVA AS DESTROYER OF EVIL; FOR THE DEPARTMENT OF MEDIEVAL ART AND THE CLOISTERS, AN ILLUSTRATED MANUSCRIPT OF THE MASTER OF CLAUDE DE FRANCE, THE CELEBRATED "BOOK OF FLOWER STUDIES", (CA. 1510-15); FOR THE DEPARTMENT OF EUROPEAN SCULPTURE AND DECORATIVE ARTS, A LIFE-SIZED MARBLE BUST OF A BOUND WOMAN OF AFRICAN DESCENT BY THE FRENCH SCULPTOR JEAN-BAPTISTE CARPEAUX (1827-1875) THAT REFLECTS ON THE HORRORS OF SLAVERY FOLLOWING ITS ABOLITION IN FRANCE IN 1848 AND THE CLOSE OF THE AMERICAN CIVIL WAR IN 1865; FOR THE AMERICAN WING COLLECTION, A RARE PICTURE BY ASHCAN ARTIST JOHN SLOAN (1871-1951), "GRAY AND BRASS", THAT JUXTAPOSES SOCIOECONOMIC DIFFERENCE IN A SINGLE IMAGE AND CAPTURES THE VIBRANT SPECTACLE OF LOOKING AND BEING SEEN THAT CHARACTERIZED EARLY TWENTIETH-CENTURY CITY LIFE; AND FOR THE DEPARTMENT OF MODERN AND CONTEMPORARY ART, A MAJOR WORK BY ONE OF THE WORLD'S GREATEST LIVING SCULPTORS, CHARLES RAY (AMERICAN, BORN 1953), THE MONUMENTAL BLACK GRANITE RELIEF "TWO HORSES" (2019). |
| FORM 990, PART III - CONTINUED | EXHIBITIONS THE MET MOUNTED FORTY-FOUR EXHIBITIONS AND PUBLISHED TWENTY-SEVEN NEW TITLES IN FISCAL YEAR 2019, ALL OF WHICH OFFERED THOUGHT-PROVOKING WAYS TO EXPERIENCE ART. THE PROGRAMMING RANGED FROM SMALL, FOCUSED INSTALLATIONS TO MAJOR INTERNATIONAL LOAN SHOWS. THE FOLLOWING EXHIBITIONS WERE AMONG THE HIGHLIGHTS IN FISCAL YEAR 2019: THE FIRST COMPREHENSIVE RETROSPECTIVE IN NORTH AMERICA OF FRENCH PAINTER EUGNE DELACROIX (1798-1863); "DEVOTION TO DRAWING: THE KAREN B. COHEN COLLECTION OF EUGNE DELACROIX "JANE AND LOUISE WILSON: STASI CITY "ARMENIA! "ART OF NATIVE AMERICA: THE CHARLES AND VALERIE DIKER COLLECTION "ARTISTIC ENCOUNTERS WITH INDIGENOUS AMERICA "CELEBRATING TINTORETTO: PORTRAIT PAINTINGS AND STUDIO DRAWINGS "IN PRAISE OF PAINTING: DUTCH MASTERPIECES AT THE MET "JEWELRY: THE BODY TRANSFORMED "ATEA: NATURE AND DIVINITY IN POLYNESIA "EPIC ABSTRACTION: POLLOCK TO HERRERA "THE ART OF LONDON FIREARMS "MONUMENTAL JOURNEY: THE DAGUERREOTYPES OF GIRAULT DE PRANGEY "THE TALE OF GENJI: A JAPANESE CLASSIC ILLUMINATED "THE WORLD BETWEEN EMPIRES: ART AND IDENTITY IN THE ANCIENT MIDDLE EAST "PLAY IT LOUD: INSTRUMENTS OF ROCK & ROLL THE ROOF GARDEN COMMISSION: "ALICJA KWADE, PARAPIVOT "CAMP: NOTES ON FASHION "WATERCOLORS OF THE ACROPOLIS: MILE GILLIRON IN ATHENS "FRANK LLOYD WRIGHT TEXTILES: THE TALIESIN LINE, 1955-60 "RAGNAR KJARTANSSON: DEATH IS ELSEWHERE AND, AT THE MET BREUER: "OBSESSION: NUDES BY KLIMT, SCHIELE, AND PICASSO FROM THE SCOFIELD THAYER COLLECTION "ODYSSEY: JACK WHITTEN SCULPTURE, 1963-2017 "EVERYTHING IS CONNECTED: ART AND CONSPIRACY "JULIO LE PARC "LUCIO FONTANA: ON THE THRESHOLD "SIAH ARMAJANI: FOLLOW THIS LINE "HOME IS A FOREIGN PLACE: RECENT ACQUISITIONS IN CONTEXT AND "PHENOMENAL NATURE: MRINALINI MUKHERJEE". CONSERVATION AND RESEARCH 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. IN FISCAL YEAR 2019, 10,784 VISITS WERE MADE BY OUTSIDE RESEARCHERS, AND 1,930 NEW OUTSIDE RESEARCHERS WERE REGISTERED. THE MUSEUM LIBRARIES CIRCULATED 65,915 ITEMS TO READERS. ELEVEN WEEKLY SESSIONS OF STORY TIME IN NOLEN LIBRARY REACHED OVER 17,333 CHILDREN AND THEIR CAREGIVERS. THE LIBRARY CONTINUED TO DIGITIZE RARE COLLECTION MATERIALS, BOTH PRINTED AND MANUSCRIPT, AND TO MAKE THEM AVAILABLE ONLINE, AVERAGING 188,458 PAGE HITS PER MONTH (COMPARED TO 159,598 IN FISCAL YEAR 2018). THE MET IS ONE OF THE WORLD'S PREEMINENT ART-BOOK PUBLISHERS, AND IN FISCAL YEAR 2019 THE MUSEUM'S PUBLICATIONS AND EDITORIAL DEPARTMENT HAD ONE OF ITS MOST ACTIVE YEARS, PRODUCING TWENTY-SEVEN NEW TITLES AND EIGHT REPRINTS. AMONG THESE WERE FOURTEEN EXHIBITION CATALOGUES, INCLUDING THE HIGHLY SUCCESSFUL "DELACROIX", "ARMENIA: ART, RELIGION, AND TRADE IN THE MIDDLE AGES", "THE TALE OF GENJI: A JAPANESE CLASSIC ILLUMINATED", "PLAY IT LOUD: INSTRUMENTS OF ROCK & ROLL", AND "CAMP: NOTES ON FASHION", AS WELL AS CATALOGUES ON THE DAGUERREOTYPES OF GIRAULT DE PRANGEY, NATIVE AMERICAN ART, PHOTOGRAPHS OF THE MOON, AND JEWELRY. IN ADDITION, THE DEPARTMENT PUBLISHED VOLUMES HIGHLIGHTING THE MET COLLECTION OF FRENCH PAINTINGS (AVAILABLE ONLINE AND IN PRINT), ISLAMIC CALLIGRAPHY, AND MODERN AND CONTEMPORARY ART, AS WELL AS A NEW EDITION OF THE "METROPOLITAN MUSEUM GUIDE". IT INAUGURATED A PICTURE ALBUMS SERIES TO ACCOMPANY SELECT EXHIBITIONS, AND PUBLISHED THE ANNUAL "METROPOLITAN MUSEUM JOURNALFOUR ISSUES OF THE "BULLETIN". EDUCATION THROUGH ANOTHER SUCCESSFUL YEAR OF INNOVATIVE PROGRAMMING, SCHOLARLY ENDEAVORS, AND COMMUNITY ENGAGEMENT, THE MUSEUM'S EDUCATION DEPARTMENT INCREASED THE DIVERSITY AND PARTICIPATION OF THE MET AUDIENCES IN FISCAL YEAR 2019. WHILE FOSTERING GREATER COLLABORATION AMONG COLLEAGUES WITHIN THE MET AS WELL AS LOCALLY, NATIONALLY, AND INTERNATIONALLY, THE DEPARTMENT ALSO CONTINUED WORK ON ITS KEY PRIORITIES TO SOLIDIFY ITS POSITION AS A LEADER AND INFLUENCER IN THE FIELD; MAKE THE MET RESPONSIVE AND RELEVANT, SERVING AS A PLATFORM FOR TIMELY ISSUES; DEEPEN THE MUSEUM'S PRESENCE AND IMPACT BEYOND ITS WALLS AND INTO COMMUNITIES; AND ESTABLISH GALLERIES AND OTHER SPACES AS ACTIVE LABORATORIES FOR SCHOLARS, ARTISTS, AND THE GENERAL PUBLIC. IN THE PAST FISCAL YEAR, THE DEPARTMENT SERVED OVER TWELVE PERCENT OF THE MUSEUM'S MORE THAN 7 MILLION VISITORS THROUGH APPROXIMATELY 37,400 PROGRAMS AND TOURS THAT DREW OVER 830,000 PARTICIPANTS. ARTISTS CONTINUED TO BE CRITICAL PARTNERS. SOPRANO JULIA BULLOCK, THE 2018-19 METLIVEARTS ARTIST IN RESIDENCE, CREATED FIVE PROGRAMS IN COLLABORATION WITH GUEST ARTISTS, SUCH AS THE MULTI-INSTRUMENTALIST TYSHAWN SOREY, TO EXAMINE ISSUES OF EXOTICISM, IDENTITY, SEGREGATION, AND CULTURAL EXCLUSION IN THE CONTEXT OF AND THROUGH THE COLLECTION. AS PART OF THE THREE-YEAR KENAN PROJECT LAUNCHED IN FALL 2017, THE MET, IN PARTNERSHIP WITH NEW YORK UNIVERSITY'S TISCH SCHOOL OF THE ARTS CONTINUED TO CONVENE NINETEEN OTHER ORGANIZATIONS IN A PROFESSIONAL-LEARNING COMMUNITY FOCUSED ON THE SOCIAL IMPACT OF THE ARTS IN AND WITH COMMUNITIES. NEW YORK-BASED ARTISTS RASHIDA BUMBRAY AND MIGUEL LUCIANO WORKED WITH MUSEUM EDUCATORS AND CURATORIAL STAFF TO LEAD THE KENAN PROJECT'S CIVIC PRACTICE SEMINAR, FORGING VITAL CONNECTIONS BETWEEN THE HISTORY AND COLLECTION OF THE MET AND THE NEIGHBORHOODS OF BEDFORD-STUYVESANT AND EAST HARLEM. ARTIST PARTICIPANTS IN THE SEMINAR WERE TRAINED IN BUILDING RELATIONSHIPS BETWEEN COMMUNITIES AND INSTITUTIONS. GROUNDBREAKING EDUCATION PROGRAMMING RELATED TO THE MET COLLECTION AND EXHIBITIONS FOREGROUNDED TIMELY CONVERSATIONS CONNECTING WORKS OF ART TO CURRENT EVENTS. EVENTS INSPIRED BY THE COSTUME INSTITUTE EXHIBITION "CAMP: NOTES ON FASHION", FOR EXAMPLE, INCLUDED A COLLEGE NIGHT THAT ATTRACTED MORE THAN 1,800 STUDENTS; A CONVERSATION EXPLORING THE CONCEPT OF CAMP IN PERFORMANCE, BALLROOM STYLE, POP CULTURE, AND HIGH FASHION BETWEEN BROADWAY PERFORMER AND ACTOR BILLY PORTER AND CULTURAL CRITIC, DEEJAY, AND ASSISTANT PROFESSOR OF QUEER STUDIES AT VIRGINIA COMMONWEALTH UNIVERSITY, MADISON MOORE; AND A "BATTLE OF THE LEGENDS" VOGUEING COMPETITION ON DAVID H. KOCH PLAZA. TO COMMEMORATE THE FIFTIETH ANNIVERSARY OF THE STONEWALL UPRISING, EDUCATION PRESENTED METFRIDAYS-PRIDE, A MUSEUM-WIDE EVENT FEATURING TALKS THAT EXAMINED RECENT CIVIL RIGHTS VICTORIES THROUGH THE LENS OF THE MET COLLECTION, ART MAKING, A PANEL DISCUSSION ON GENDER, AND MORE. CULTURAL FESTIVALS WITH ACTIVITIES AND PERFORMANCES DESIGNED FOR VISITORS OF ALL AGES AND WITH VARIED ABILITIES DREW MORE THAN 15,300 ATTENDEES. WE ALSO LAUNCHED CRIP THE MET, AN INITIATIVE THAT ENGAGED DISABILITY SCHOLARS AND ACTIVISTS, CURATORS, EDUCATORS, AND ARTISTS IN DISCUSSION AROUND REPRESENTATIONS OF DISABILITY IN THE MUSEUM, WITH THE GOAL OF DEVELOPING INTERPRETIVE GUIDELINES FOR WRITING ABOUT DISABILITY AND ART. OUR COMMITMENT TO SERVE AS A CULTURAL AND SOCIAL HUB FOR NEW YORK'S YOUNG PEOPLE HAS RESULTED IN MORE THAN 28,000 TEENS AND ALMOST 130 PARTNERS PARTICIPATING IN OUR TEENS TAKE THE MET PROGRAM OVER THE COURSE OF FIVE YEARS. THE MET CONTINUED TO BE AN ESSENTIAL RESOURCE FOR TEACHING, LEARNING, TRAINING, AND RESEARCH AT ALL LEVELS. THIS FISCAL YEAR, 237,763 K - 12 TEACHERS AND STUDENTS PARTICIPATED IN 6,943 GUIDED AND SELF-GUIDED SCHOOL-GROUP VISITS TO THE MET'S THREE LOCATIONS. MORE THAN 2,600 TEACHERS AND SCHOOL LEADERS ALSO TOOK PART IN PROGRAMS FOCUSED ON INTEGRATING ART INTO THE CLASSROOM. |
| FORM 990, PART III - CONTINUED | DIGITAL THE MET HAS EMERGED AS A GLOBAL LEADER IN BOTH ITS DIGITAL PRACTICES AND REACH. IN OCTOBER 2018, WE LAUNCHED THE MET COLLECTION API (APPLICATION PROGRAMMING INTERFACE). BUILDING ON THE SUCCESS OF THE MUSEUM'S OPEN ACCESS POLICY ANNOUNCED IN 2017, THE API ENABLES ANY THIRD PARTY TO SUSTAINABLY INTEGRATE THE MET COLLECTION INTO THEIR WEBSITE, ENSURING THAT UP-TO-DATE VERSIONS OF MORE THAN 400,000 IMAGES AND DATA ARE AVAILABLE TO USERS WITHOUT RESTRICTION. IN RECOGNITION OF THE CONTINUALLY EXPANDING POTENTIAL FOR OPEN ACCESS TO BROADEN PUBLIC EXPOSURE TO THESE IMAGES AND SCHOLARLY RECORDS, THE MET COLLABORATED WITH MICROSOFT AND THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY (MIT) TO EXPLORE THE WAYS IN WHICH AUDIENCES ENGAGE WITH THE COLLECTION THROUGH ARTIFICIAL INTELLIGENCE TECHNOLOGIES. THE RESULTS OF THE COLLABORATION WERE ANNOUNCED IN FEBRUARY 2019. LAST SPRING'S "PLAY IT LOUD: INSTRUMENTS OF ROCK & ROLL" WAS THE FIRST EXHIBITION TO FEATURE A NEW WEB-BASED DIGITAL RESOURCE CALLED THE PRIMER, WHICH ALLOWS AUDIENCES ALL OVER THE WORLD TO ENGAGE WITH THE ART IN OUR GALLERIES THROUGH STORIES, VIDEOS, AND IMAGES. GOING FORWARD, PRIMERS WILL BE OFFERED FOR MANY OF OUR MAJOR EXHIBITIONS TO HELP PREPARE VISITORS FOR AN UPCOMING VISIT OR TO EXTEND THEIR EXPERIENCE AFTERWARD. THE MUSEUM'S WEBSITE ENDED THE FISCAL YEAR WITH MORE THAN 30 MILLION VISITS, AND OUR SOCIAL MEDIA REACH HAS BEEN SIMILARLY BROAD: ITS TWITTER FEED HAS MORE THAN 4.3 MILLION FOLLOWERS, ITS WEBBY AWARD-WINNING INSTAGRAM HAS 3.2 MILLION FOLLOWERS, AND ITS FACEBOOK ACCOUNT HAS MORE THAN 1.9 MILLION FOLLOWERS. CAPITAL PROJECTS THE MUSEUM COMPLETED THE RENOVATION AND REINTERPRETATION OF ITS ANDR MERTENS GALLERIES FOR MUSICAL INSTRUMENTS IN FISCAL YEAR 2019. THE THIRD AND FINAL PHASE OF THE THREE-YEAR PROJECT OPENED IN FEBRUARY, FOLLOWING EARLIER GALLERY REOPENINGS IN JULY 2017 AND MARCH 2018, AND INCLUDES OVER 250 MUSICAL INSTRUMENTS OF VARIOUS ORIGINS AND KINDS AS WELL AS A CONCERT SPACE WITH ADVANCED RECORDING AND SOUND SYSTEMS. WE MADE SIGNIFICANT PROGRESS IN THE RENOVATION OF THE TEN GALLERIES THAT PRESENT BRITISH DECORATIVE ARTS AND SCULPTURE FROM THE EARLY SIXTEENTH THROUGH THE NINETEENTH CENTURY AND THAT INCLUDE THREE HISTORIC INTERIORS. THE GALLERIES ARE SCHEDULED TO REOPEN IN MARCH 2020. WORK TO REPLACE THE SKYLIGHTS AND MAKE INFRASTRUCTURE IMPROVEMENTS IN THE GALLERIES FOR EUROPEAN PAINTINGS FROM 1250 TO 1800 ALSO CONTINUED THIS YEAR. BEGUN IN AUGUST 2018, THIS MAJOR PROJECT TO ENHANCE VISITOR EXPERIENCE WILL BE COMPLETED OVER THREE AND A HALF YEARS. TO ENSURE THAT IMPORTANT MASTERPIECES REMAIN ON VIEW DURING THIS TIME, MANY WORKS HAVE BEEN MOVED TO OTHER GALLERIES. IN NOVEMBER 2018, THE MUSEUM ANNOUNCED IT WOULD EMBARK ON AN AMBITIOUS RENOVATION OF THE MICHAEL C. ROCKEFELLER WING, WHICH COMPRISES THE 40,000-SQUARE-FOOT GALLERIES OF THE DEPARTMENT OF THE ARTS OF AFRICA, OCEANIA, AND THE AMERICAS. THE WING WILL BE COMPLETELY REIMAGINED TO REFLECT NEW CURATORIAL VISION AND THE MET'S CONTINUED COMMITMENT TO ART FROM THESE REGIONS. KULAPAT YANTRASAST OF THE FIRM "WHY ARCHITECTURE" IS LEADING THE DESIGN EFFORT; WORK IS EXPECTED TO BEGIN IN LATE 2020. |
| FORM 990, PART VI, LINE 1A - VOTING RIGHTS | GOVERNING 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. |
| FORM 990, PART VI, LINE 2 - FAMILY OR BUSINESS RELATIONSHIP | TWO TRUSTEES OF THE MUSEUM, HAMILTON E. JAMES AND J. TOMILSON HILL, HAD A BUSINESS RELATIONSHIP UNTIL DECEMBER 2018. BOTH WERE OFFICERS OF THE BLACKSTONE GROUP. In addition, two trustees of the Museum, James Breyer and Hamilton James, have a business relationship with each other; both serve on the board of directors of the Blackstone Group. |
| FORM 990, PART VI, LINE 6 - MEMBERS OF THE ORGANIZATION | GOVERNING 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 PROCESS | PROCESS 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, GENERAL COUNSEL, AND EXTERNAL TAX ADVISORS 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 INTEREST | THE 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 ARE 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 PROCESS | THE 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. THE INDEPENDENT COMPENSATION CONSULTANT MAKES RECOMMENDATIONS WITH RESPECT TO THE TOTAL COMPENSATION OF EACH OFFICER, AND THE COMMITTEE APPROVES THE COMPENSATION. 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 INDEPENDENT COMPENSATION CONSULTANT AND THE COMMITTEE ALSO CONSIDER 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 DOCUMENTS | PUBLIC 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 ASSETS | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS (18,924,086) UNREALIZED GAINS AND LOSSES ON 2015 BOND PROCEEDS 4,680,361 NET RECLASSIFICATIONS, FEES, AND OTHER 805,803 PENSION - RELATED CHANGES OTHER THAN NPPC (20,952,969) CHANGE IN FAIR VALUE OF INTEREST RATE EXCHANGE AGREEMENTS (8,708,642) PARTNERSHIP UBIT 23,792,101 ----------- TOTAL (19,307,432) |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER TRUSTS (21) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | TRUST | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | TRUST | EntityTypeTxt |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |