FRICK COLLECTION: Form 990, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- FRICK COLLECTION (EIN 13-1624012)
- Tax period
- 2018-07-01 to 2019-06-30
- Filed
- 2020-06-16
- IRS object ID
- 202001689349301245
- 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 D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-06-16T14:57:25-07:00 | ReturnTs |
| Tax Period End | 2019-06-30 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2018-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131624012 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Frick Collection | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FRIC | BusinessNameControlTxt |
| Phone | 2122880700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 East 70th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10021 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael J Paccione | PersonNm |
| Person Title | CFO & Asst Treasurer | PersonTitleTxt |
| Signature | 2020-06-16 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Ian Wardropper | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 East 70th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10021 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $162,543,210 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| All Affiliates Included | false | AllAffiliatesIncludedInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.frick.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1920 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | The Frick Collection (the "Collection") operates an internationally recognized art museum and library program for the inspiration and enjoyment of the public and for the advancement of the study of fine arts and kindred subjects. | ActivityOrMissionDesc |
| Voting Members Governing Body | 21 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 351 | TotalEmployeeCnt |
| Total Volunteers | 52 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $15,036,404 | PYContributionsGrantsAmt |
| CY Contributions Grants | $27,364,024 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,180,989 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,198,157 | CYProgramServiceRevenueAmt |
| PY Investment Income | $16,671,083 | PYInvestmentIncomeAmt |
| CY Investment Income | $22,703,991 | CYInvestmentIncomeAmt |
| PY Other Revenue | $508,461 | PYOtherRevenueAmt |
| CY Other Revenue | $564,075 | CYOtherRevenueAmt |
| PY Total Revenue | $36,396,937 | PYTotalRevenueAmt |
| CY Total Revenue | $54,830,247 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $79,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $79,000 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $20,664,576 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $20,853,795 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $50,000 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $90,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,056,493 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,079,570 | PYOtherExpensesAmt |
| CY Other Expenses | $20,849,518 | CYOtherExpensesAmt |
| PY Total Expenses | $32,873,146 | PYTotalExpensesAmt |
| CY Total Expenses | $41,872,313 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,523,791 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,957,934 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $420,173,350 | TotalAssetsBOYAmt |
| Total Assets EOY | $430,938,400 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $21,284,372 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $29,380,753 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $398,888,978 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $401,557,647 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | The Frick Collection (the "Collection") operates an internationally recognized art museum and library program for the inspiration and enjoyment of the public and for the advancement of the study of fine arts and kindred subjects. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $17,427,678 | ExpenseAmt |
| Revenue | $4,471,923 | RevenueAmt |
| Desc | Museum Program: The Collection maintains and conserves over 1,400 works of art as part of its permanent art collection and the historic interiors of the Gilded Age mansion that houses them. The permanent art collection is made accessible to the public through exhibitions, research, and publications, as well as an array of education programs that seek to deepen the public's knowledge and appreciation for works of art in the permanent collection and art generally. Museum attendance during the 2018 tax year was approximately 256,000 visitors. See Schedule O for a description of the special exhibitions and other public education programs offered during the year. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $9,545,808 | ExpenseAmt |
| Grant | $79,000 | GrantAmt |
| Desc | Library Program: In addition to serving the curatorial and other research staff of the Collection, the Frick Art Reference Library serves members of general public with an interest in art, including students, scholars, art professionals, and collectors. The library's book and photograph research collections relate chiefly to paintings, drawings, sculpture, prints, and illuminated manuscripts from the fourth to the mid-twentieth centuries by European and American artists. Archival materials and special collections augment the research collections with documents pertaining to the history of collecting art and of Henry Clay Frick's collecting in particular. During the 2018 tax year, the library served 6,220 visitors, responded to 1,185 email inquiries and answered 5,144 on-site research questions. See Schedule O for additional information. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $26,973,486 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | 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 | Yes (true) | 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 | false | 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 | false | 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 | false | 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 | 89 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 351 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| 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 |
| Form8282 Filed | 0 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Org Filed In Lieu Of Form1041 | false | OrgFiledInLieuOfForm1041Ind |
| Licensed More Than One State | false | LicensedMoreThanOneStateInd |
| 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 | 21 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 21 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | 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 | false | 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 | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael J Paccione | PersonNm |
| Phone | 2122880700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 East 70th Street | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10021 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| Stephen A Schwarzman | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Charles Royce | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Margot Bogert | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Melinda Martin Sullivan | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Peter P Blanchard III | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Juan Sabater | |||||||||
| Trustee & Treas | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| James S Reibel | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Emily T Frick | |||||||||
| Trustee | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| J Fife Symington IV | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Elizabeth M Eveillard | |||||||||
| Trustee & Chair | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| R Bradford Evans | |||||||||
| Trustee | 3.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Sidney R Knafel | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Aso Tavitian | |||||||||
| Trustee&V.Chair | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Barbara G Fleischman | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Bernard Selz | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Ayesha Bulchandani | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Michael J Horvitz | |||||||||
| Trustee& Secrty | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| Thomas J Edelman | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Christian Keesee | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Victoria Lea Smith | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Tai-Heng Cheng | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Kathleen Feldstein | |||||||||
| Trustee | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Ian Wardropper | |||||||||
| Director & CEO | 35.00 | 0.00 | $808,339 | $0 | $42,176 | Yes (X) | |||
| Alison Lonshein | |||||||||
| GC & Asst. Sec | 35.00 | 0.00 | $298,078 | $0 | $29,054 | Yes (X) | |||
| Michael Paccione | |||||||||
| CFO & AST. Trea | 35.00 | 0.00 | $276,230 | $0 | $26,416 | Yes (X) | |||
| Katharine Chapman | |||||||||
| Deputy Director External Affairs | 35.00 | 0.00 | $290,358 | $0 | $42,176 | Yes (X) | |||
| Joseph Shatoff | |||||||||
| Deputy Director & COO | 35.00 | 0.00 | $260,824 | $0 | $42,176 | Yes (X) | |||
| Xavier Salomon | |||||||||
| Peter Jay Sharp Chief Curator | 35.00 | 0.00 | $234,781 | $0 | $32,342 | Yes (X) | |||
| Stephen Bury | |||||||||
| A.W. Mellon Chief Librarian | 35.00 | 0.00 | $187,996 | $0 | $29,622 | Yes (X) | |||
| Dana Winfield | |||||||||
| Chief HR Officer | 35.00 | 0.00 | $178,235 | $0 | $29,141 | Yes (X) | |||
| David Martin | |||||||||
| Assoc. Dir. Giving | 35.00 | 0.00 | $192,593 | $0 | $30,381 | Yes (X) | |||
| Dennis Sweeney | |||||||||
| Head of Operations | 35.00 | 0.00 | $185,379 | $0 | $38,576 | Yes (X) | |||
| Carolyn Straub | |||||||||
| Ass. Dir. Cap Proj | 35.00 | 0.00 | $170,421 | $0 | $36,826 | Yes (X) | |||
| Colleen Tierney | |||||||||
| Dir. Special Event | 35.00 | 0.00 | $145,383 | $0 | $18,062 | Yes (X) | |||
| Megan Flynn Zinger | |||||||||
| Controller | 35.00 | 0.00 | $142,773 | $0 | $17,379 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,371,390 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $414,327 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 30 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | 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 |
|---|---|---|---|---|---|
| Beyer Blinder Belle | |||||
| 120 Broadway 20th Floor | New York | NY | 10271 | Architect | $4,307,692 |
| Selldorf Architects | |||||
| 860 Broadway | New York | NY | 10003 | Architect | $2,202,853 |
| Kramer Levin Naftalis & Frankel | |||||
| 1177 Avenue of the Americas | New York | NY | 10036 | Legal | $849,608 |
| Cambridge Associates LLC | |||||
| 100 Summer Street | Boston | MA | 02110 | Endowment Consulting | $729,821 |
| Colliers International | |||||
| 135 New Road | Madison | CT | 06443 | Real Estate Services | $435,710 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 25 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $1,980,996 | MembershipDuesAmt |
| Fundraising | $1,326,272 | FundraisingAmt |
| All Other Contributions | $24,056,756 | AllOtherContributionsAmt |
| Noncash Contributions | $1,946,726 | NoncashContributionsAmt |
| Total Contributions | $27,364,024 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Admissions | 712110 | $3,318,768 | $3,318,768 |
| Concert Ticket Sales | $50,556 | $50,556 | |
| Educational Programs | 711130 | $117,137 | $117,137 |
| Membership Dues | 611600 | $711,696 | $711,696 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,198,157 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,677,601 | TotalRevenueColumnAmt |
| Exclusion | $3,677,601 | 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 | $19,920 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $19,920 | RelatedOrExemptFuncIncomeAmt |
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 | $126,060,776 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $107,034,386 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,026,390 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,026,390 | TotalRevenueColumnAmt |
| Exclusion | $19,026,390 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $146,810 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,326,272 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $287,687 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$140,877 | TotalRevenueColumnAmt |
| Exclusion | -$140,877 | ExclusionAmt |
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 | $1,005,080 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $390,890 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $614,190 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $614,190 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Employee Cafeteria | Desc |
| Business | 722514 | BusinessCd |
| Total Revenue Column | $70,842 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $70,842 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $70,842 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $54,830,247 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,903,109 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $22,563,114 | 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 | $79,000 | TotalAmt |
| Program Services | $79,000 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
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 | $2,363,841 | TotalAmt |
| Program Services | $486,511 | ProgramServicesAmt |
| Management And General | $1,395,770 | ManagementAndGeneralAmt |
| Fundraising | $481,560 | 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 | $13,041,980 | TotalAmt |
| Program Services | $5,121,134 | ProgramServicesAmt |
| Management And General | $6,902,648 | ManagementAndGeneralAmt |
| Fundraising | $1,018,198 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,253,148 | TotalAmt |
| Program Services | $456,140 | ProgramServicesAmt |
| Management And General | $675,014 | ManagementAndGeneralAmt |
| Fundraising | $121,994 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,030,018 | TotalAmt |
| Program Services | $2,063,492 | ProgramServicesAmt |
| Management And General | $632,245 | ManagementAndGeneralAmt |
| Fundraising | $334,281 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,164,808 | TotalAmt |
| Program Services | $423,985 | ProgramServicesAmt |
| Management And General | $627,429 | ManagementAndGeneralAmt |
| Fundraising | $113,394 | 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 | $168,982 | TotalAmt |
| Program Services | $115,080 | ProgramServicesAmt |
| Management And General | $35,260 | ManagementAndGeneralAmt |
| Fundraising | $18,642 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,788 | TotalAmt |
| Program Services | $70,680 | ProgramServicesAmt |
| Management And General | $21,658 | ManagementAndGeneralAmt |
| Fundraising | $11,450 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,000 | TotalAmt |
| Fundraising | $90,000 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,015,983 | TotalAmt |
| Management And General | $2,015,983 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,860 | TotalAmt |
| Management And General | $134,860 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $480,548 | TotalAmt |
| Program Services | $160,957 | ProgramServicesAmt |
| Management And General | $300,508 | ManagementAndGeneralAmt |
| Fundraising | $19,083 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $406,586 | TotalAmt |
| Program Services | $4,885 | ProgramServicesAmt |
| Management And General | $341,809 | ManagementAndGeneralAmt |
| Fundraising | $59,892 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $819,451 | TotalAmt |
| Management And General | $819,451 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $174,114 | TotalAmt |
| Program Services | $124,214 | ProgramServicesAmt |
| Management And General | $36,470 | ManagementAndGeneralAmt |
| Fundraising | $13,430 | 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 | $192,795 | TotalAmt |
| Program Services | $84,626 | ProgramServicesAmt |
| Management And General | $91,998 | ManagementAndGeneralAmt |
| Fundraising | $16,171 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,704,425 | TotalAmt |
| Program Services | $758,469 | ProgramServicesAmt |
| Management And General | $911,867 | ManagementAndGeneralAmt |
| Fundraising | $34,089 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $291,381 | TotalAmt |
| Management And General | $291,381 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FAS158 non-operating cost | $6,646,755 | $4,526,549 | $1,386,916 | $733,290 |
| Exhibit & Conservation costs | $4,785,137 | $4,783,296 | $1,841 | |
| Equipment rental & maintenance | $829,975 | $216,424 | $613,551 | |
| Membership costs | $431,783 | $431,783 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,662,955 | TotalAmt |
| Program Services | $7,498,044 | ProgramServicesAmt |
| Management And General | -$6,394,325 | ManagementAndGeneralAmt |
| Fundraising | $559,236 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,872,313 | TotalAmt |
| Program Services | $26,973,486 | ProgramServicesAmt |
| Management And General | $10,842,334 | ManagementAndGeneralAmt |
| Fundraising | $4,056,493 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,984,086 | BOYAmt |
| EOY | $38,761,002 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,245,223 | BOYAmt |
| EOY | $25,053,223 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $886,831 | BOYAmt |
| EOY | $814,171 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $77,418,910 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $37,583,764 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,553,998 | BOYAmt |
| EOY | $39,835,146 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $159,300,269 | BOYAmt |
| EOY | $132,008,153 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $179,526,476 | BOYAmt |
| EOY | $192,047,190 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,676,467 | BOYAmt |
| EOY | $2,419,515 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $420,173,350 | BOYAmt |
| EOY | $430,938,400 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,623,590 | BOYAmt |
| EOY | $4,040,809 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,660,782 | BOYAmt |
| EOY | $25,339,944 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,284,372 | BOYAmt |
| EOY | $29,380,753 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $289,613,415 | BOYAmt |
| EOY | $265,192,900 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,029,406 | BOYAmt |
| EOY | $136,364,747 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,246,157 | BOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $398,888,978 | BOYAmt |
| EOY | $401,557,647 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $420,173,350 | BOYAmt |
| EOY | $430,938,400 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $12,957,934 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$9,666,160 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$623,105 | 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 | $14,316,282 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,464,017 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,145,591 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,059,182 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $27,376,630 | CurrentTaxYearAmt |
| Total | $92,361,702 | 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) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $14,316,282 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,464,017 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,145,591 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,059,182 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $27,376,630 | CurrentTaxYearAmt |
| Total | $92,361,702 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $23,875,670 | SubstantialContributorsTotAmt |
| Public Support Total170 | $68,486,032 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,844,208 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,241,733 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,808,211 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,328,123 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,677,601 | CurrentTaxYearAmt |
| Total | $16,899,876 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $69,456 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $69,854 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $62,018 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $70,920 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $70,842 | CurrentTaxYearAmt |
| Total | $343,090 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $109,604,668 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $14,955,985 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.62480 | PublicSupportCY170Pct |
| Public Support PY170 | 0.64900 | 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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $339,469,517 | BeginningYearBalanceAmt |
| Contributions | $815,057 | ContributionsAmt |
| Investment Earnings Or Losses | $12,463,643 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $24,349,522 | OtherExpendituresAmt |
| Administrative Expenses | $1,715,088 | AdministrativeExpensesAmt |
| End Year Balance | $330,113,783 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $331,456,557 | BeginningYearBalanceAmt |
| Contributions | $829,695 | ContributionsAmt |
| Investment Earnings Or Losses | $30,648,599 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $21,506,445 | OtherExpendituresAmt |
| Administrative Expenses | $1,958,889 | AdministrativeExpensesAmt |
| End Year Balance | $339,469,517 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $301,317,251 | BeginningYearBalanceAmt |
| Contributions | $772,071 | ContributionsAmt |
| Investment Earnings Or Losses | $44,927,863 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $12,303,673 | OtherExpendituresAmt |
| Administrative Expenses | $3,256,955 | AdministrativeExpensesAmt |
| End Year Balance | $331,456,557 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $320,453,593 | BeginningYearBalanceAmt |
| Contributions | $830,389 | ContributionsAmt |
| Investment Earnings Or Losses | -$6,902,304 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $11,078,643 | OtherExpendituresAmt |
| Administrative Expenses | $1,985,784 | AdministrativeExpensesAmt |
| End Year Balance | $301,317,251 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $323,196,222 | BeginningYearBalanceAmt |
| Contributions | $1,054,325 | ContributionsAmt |
| Investment Earnings Or Losses | $9,128,402 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $11,008,423 | OtherExpendituresAmt |
| Administrative Expenses | $1,916,933 | AdministrativeExpensesAmt |
| End Year Balance | $320,453,593 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.83200 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.11950 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.04850 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | false | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $776,088 | OtherCostOrOtherBasisAmt |
| Book Value | $776,088 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,662,166 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,662,166 | DepreciationAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $53,314,110 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,350,002 | DepreciationAmt |
| Book Value | $35,964,108 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,686,504 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,333,301 | DepreciationAmt |
| Book Value | $2,353,203 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,980,042 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,238,295 | DepreciationAmt |
| Book Value | $741,747 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $39,835,146 | TotalBookValueLandBuildingsAmt |
| Total Book Value Securities | $192,047,190 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| Accrued pension benefits | $9,795,092 |
| Accrued postretirement welfare benefits | $8,544,852 |
| Loan payable | $7,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $25,339,944 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $43,433,629 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$9,666,160 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$9,666,160 | RevenueNotReportedAmt |
| Revenue Subtotal | $53,099,789 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $1,715,088 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $15,370 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,730,458 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $54,830,247 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $40,141,855 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $40,141,855 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $1,715,088 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $15,370 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,730,458 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $41,872,313 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o | In accordance with elections made under Statement of Financial Accounting Standard No. 116 (SFAS 116), the Collection does not include either the cost or the value of its collections on its statement of financial position, nor does it recognize gifts of collection items as revenues in its statement of activities. Collection items are considered works of art, historical treasures, general research collections, and similar assets held for public exhibition, education, or research in furtherance of public service rather than financial gain. |
| Part III, Line 4: Description of organization's collections and how it furthers its purpose. | The Frick Collection was established by Pittsburgh industrialist Henry Clay Frick, who, upon his death in 1919, bequeathed his New York residence (since designated a National Historic Landmark) and remarkable collection of European paintings, sculpture and decorative arts for the enjoyment of the public and for the advancement of the study of fine arts and kindred subjects. The Frick Art Reference Library of the Collection was established in 1920 by Frick's daughter, Helen Clay Frick. The library's book and photograph research collections relate chiefly to paintings, drawings, sculpture, prints, and illuminated manuscripts from the 4th to the mid-20th centuries by European and American artists, and its archival materials and special collections augment the research collections with documents pertaining to the history of collecting art and of Frick's collecting in particular. The Collection's mission is to preserve and display for the public Frick's art collection in a domestic setting and to augment the Collection's art holdings; to provide access, understanding and enjoyment of the art collection to the public through special exhibitions, publications, public education programs, and research; to offer the visiting public an engaging view of life in the Gilded Age; and to serve as a center for research and to stimulate scholarship in the history of art. |
| Part V, Line 4: Intended uses of the endowment fund. | The aggregate endowment funds of The Frick Collection are the foundation of the institution. The endowments ensure the Frick's continued vitality by providing a consistent flow of funds that support all programatic, facility and related administrative costs of the organization. |
| Part X : FIN48 Footnote | The Collection recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Management has determined that the Collection has no uncertain tax positions that would require financial statement disclosure. The Collection is no longer subject to audits by the applicable taxing jurisdictions for periods prior to 2015. |
| Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S | Cafeteria revenue- show net of AFS exp $70842 Cost of inventory sold-shown in AFS exp $-390890 Museum Acquisitions $623105 Sp event exp-shown in AFS expenses $-287687 |
| Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S | Cafeteria revenue- show net of AFS exp $70842 Cost of inventory sold-shown in AFS exp $-390890 Museum Acquisitions $623105 Sp event exp-shown in AFS expenses $-287687 |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt | Specific Services ProvidedSpecificServicesProvidedTxt |
|---|---|---|---|---|---|
| Europe | 0 | 0 | Attend/speak @ conference | $15,000 | |
| Cntrl Amer.& Caribbean | 0 | 0 | Investment | $57,727,775 | |
| Europe | 0 | 0 | Program Services | $121,400 | Educational Research Travel |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $57,864,175 | SubtotalSpentAmt |
| Total Spent | $57,864,175 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part I, Line 3f - Method of Accounting | Expenditures are accounted for on a U.S. dollar basis. |
| Part I, Line 3f - Investments and Expenditures | The Collection has investments in funds that maintain headquarters located in the Caribbean and Central America. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| 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
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CCS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 824885 | AddressLine1Txt |
| City | Phila | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19182 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Campgn Planning | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Gross Receipts | $17,591,283 | GrossReceiptsAmt |
| Retained By Contractor | $90,000 | RetainedByContractorAmt |
| Net To Organization | $17,501,283 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $17,591,283 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $90,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $17,501,283 | TotalNetToOrganizationAmt |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Autumn Dinner | Event1Nm |
| Gross Receipts Event1 | $1,213,987 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,132,737 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $81,250 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $68,258 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $111,441 | OtherDirectExpensesEvent1Amt |
| Event2 | Young Fellow's Winter Ball | Event2Nm |
| Gross Receipts Event2 | $259,095 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $193,535 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $65,560 | GrossRevenueEvent2Amt |
| Food And Beverage Event2 | $41,588 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $3,500 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $62,900 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $1,473,082 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,326,272 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $146,810 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $109,846 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $3,500 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $174,341 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $287,687 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$140,877 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | Research fellowships in the History of Collecting | GrantTypeTxt |
| Recipient | 6 | RecipientCnt |
| Cash Grant | $79,000 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Grantmaker's Description of How Grants are Used | FormAndLineReferenceDesc |
| Explanation | Research Fellowships in the History of Collecting: The Collection makes grants to individuals undertaking scholarly research into the history of collecting art. Graduate students and post-doctoral scholars in the fields of cultural and art history are eligible for the grants. Fellowships are awarded on the basis of the proposed project's contribution to the study of the history of art collecting, with preference being given to interdisciplinary research subjects and those projects that relate to the special collections and archival materials of the Frick Art Reference Library of the Collection. In order to ensure that the fellowship grants are awarded for their intended purpose, each candidate is required to submit an application consisting of (i) a cover letter briefly stating the purpose of the research planned and indicating how a fellowship would be beneficial; (ii) a completed application form; (iii) a detailed project proposal describing the research project and its objectives, situating the project within the context of existing scholarship, and explaining how the project would benefit from a fellowship at the Collection; and (iv) a curriculum vitae. During the fellowship period, a fellowship recipient is expected to be in residence at the Collection's library. At the end of the fellowship period, each fellowship recipient is required to offer a brief oral presentation at a "Fellows' Forum" and to submit a written progress report describing the fellow's accomplishments with respect to the project during the fellowship period. Fellowship recipients additionally are required to submit an expenditure report detailing how the fellowship funds were expended. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| 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 | false | 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 | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
| Rebuttable Presumption Proc | false | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt |
|---|---|---|---|---|---|
| Alison Lonshein | |||||
| GC & Asst. Sec | $298,078 | $25,800 | $3,254 | $327,132 | |
| Carolyn Straub | |||||
| Ass. Dir. Cap Proj | $170,421 | $20,450 | $16,376 | $207,247 | |
| Colleen Tierney | |||||
| Dir. Special Event | $145,383 | $17,446 | $616 | $163,445 | |
| Dana Winfield | |||||
| Chief HR Officer | $178,235 | $19,236 | $9,905 | $207,376 | |
| David Martin | |||||
| Assoc. Dir. Giving | $192,593 | $23,111 | $7,270 | $222,974 | |
| Dennis Sweeney | |||||
| Head of Operations | $185,379 | $22,245 | $16,331 | $223,955 | |
| Ian Wardropper | |||||
| Director & CEO | $637,339 | $25,800 | $16,376 | $850,515 | $171,000 |
| Joseph Shatoff | |||||
| Deputy Director & COO | $260,824 | $25,800 | $16,376 | $303,000 | |
| Katharine Chapman | |||||
| Deputy Director External Affairs | $290,358 | $25,800 | $16,376 | $332,534 | |
| Megan Flynn Zinger | |||||
| Controller | $142,773 | $17,133 | $246 | $160,152 | |
| Michael Paccione | |||||
| CFO & AST. Trea | $276,230 | $25,800 | $616 | $302,646 | |
| Stephen Bury | |||||
| A.W. Mellon Chief Librarian | $187,996 | $22,560 | $7,062 | $217,618 | |
| Xavier Salomon | |||||
| Peter Jay Sharp Chief Curator | $234,781 | $25,800 | $6,542 | $267,123 | |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 1a: Relevant information in regards to selections on 1a. | FormAndLineReferenceDesc |
| Explanation | Pursuant to a written employment agreement with the Director and Chief Executive Officer (the "Director"), the Collection provided a housing allowance. The housing allowance was part of the Directors compensation, as reviewed and approved by the Board of Trustees, and the value of this benefit was treated as taxable compensation. In addition, travel expenses for the Director's spouse are reimbursed when such travel is determined to be for a bona fide business purpose. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 130 | ContributionCnt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 31 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,946,726 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | STOCKMKT QUOTE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PHOTOARCHIVES | Desc |
| Contribution | 2 | ContributionCnt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 33, Revenues Not Reported | FormAndLineReferenceDesc |
| Explanation | The museum did not capitalize its collections of works of art, as allowed under Financial Accounting Standards Board Accounting Standards Codification 958-360-25 (ASC 958-360-25) (formerly SFAS 116). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 11b: Form 990 Review Process | The Board of Trustees has delegated to the Audit Committee responsibility for oversight of the preparation and filing of the Form 990. The Audit Committee accordingly meets for the purpose of reviewing and commenting on a draft version of the Form 990 prior to filing. After the Form 990 is approved by the Audit Committee, a copy of the final return (without Schedule B, which is redacted to maintain donor anonymity) is made available to each member of the Board of Trustees before it is filed. The Form 990 additionally is reviewed by management prior to filing. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | The Collections conflict of interest policy covers each member of the Board of Trustees, officer, key employee, other key person, and member of any committee of the Board of Trustees of the Collection (collectively "covered persons"). Each covered person makes annual written disclosures regarding entities known to do business with the Collection and in which the covered person or a family member of the covered has a financial, ownership, personal, professional or organizational interest or affiliation. The completed disclosure statements are reviewed by the Collection's General Counsel and the chair of the Audit Committee. The policy additionally requires covered persons to disclose potential conflicts of interest as they arise, or become known to the covered person, to the Chair of the Board, if the transaction will be considered for approval by the Board of Trustees, or, if the matter will come before a Committee of the Board, the relevant committee chair. The Chair or relevant committee chair reports the potential conflict to the chair of the Audit Committee and the General Counsel for evaluation and determination of whether an actual conflict of interest exists. Members of the Audit Committee may be consulted in making the determination, and, in any case, all disclosures and resulting determinations are reported to the Audit Committee. If it is determined that an actual conflict of interest exists, the Board of Trustees or committee, as applicable, is notified. If a covered person discloses a potential conflict of interest at a meeting during which the Board or committee is expected to take action on the matter, an actual conflict of interest is presumed under the policy. A transaction involving a conflict of interest for a covered person must be approved by only those Trustees or committee members who do not have a conflict with respect to the transaction. The covered person may not vote on the transaction or be present or participate in deliberations on the transaction, except that the covered person may present information concerning the transaction if so requested by the Board or relevant committee. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | The Compensation Committee of the Board of Trustees recommends the compensation of the Director and Chief Executive Officer (the "Director") to the full Board of Trustees for its review and approval. The Compensation Committee also is responsible for setting the compensation of the other officers and key employees (who are compensated in their capacity as employees and not as officers) and other key employees based on the recommendations of the Director. The positions for which this procedure is followed are the the Chief Financial Officer and Assistant Treasurer; the General Counsel and Assistant Secretary; Deputy Director and Chief Operating Officer; the Chief Curator; the Deputy Director for External Affairs; Chief Human Resources Officer; and the Chief Librarian. In determining the reasonableness of compensation paid to each of the foregoing individuals, the Compensation Committee, and the Board of Trustees in the case of the Director, reviews comparability data available for peer organizations, including Forms 990 and published compensation surveys. The compensation analysis is undertaken annually, and the most recent review for each individual holding the positions listed above was undertaken in the 2018 tax year. The Compensation Committee additionally engaged an independent compensation consultant in the 2018 tax year to conduct a compensation survey for the position of Director and Chief Executive Officer. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | The Collection was incorporated by act of the New York State legislature, and its charter therefore is a public document. The charter also has been published by the Collection. A copy of the Collection's audited financial statements may be obtained by written request to the Collection. Portions of the audited financial statements, such as the statement of financial position and the statement of activities, are reproduced in the Collection's Annual Report, which is available on the Collection's website. The Collections bylaws and conflicts of interest policy are not generally available to the public. |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | Museum Acquisitions = -$623105 |
| Form 990, Part III, Line 4A- Program Service Accomplishments | Museum Program (continued)Special Exhibitions:Elective Affinities: Edmund de Waal at The Frick CollectionMay 30, 2019 to November 17, 2019Visitors: 22,651 (during the period of May 30, 2019 to June 30, 2019)Whistler as Printmaker: Highlights from the Gertrude Kosovsky CollectionApril 30, 2019 to September 1, 2019Visitors: 50,729 (during the period of April 30, 2019 to June 30, 2019)Tiepolo in Milan: The Lost Frescoes of Palazzo ArchintoApril 16, 2019 to July 14, 2019Visitors: 64,236 (during the period of April 16, 2019 through June 30, 2019)Moroni: The Riches of Renaissance PortraitureFebruary 21, 2019 to June 2, 2019Visitors: 94,291Luigi Valadier: Splendor in Eighteenth- Century RomeOctober 31, 2018 to January 20, 2019Visitors: 173,429 (during the period of October 1, 2018 through June 30, 2019)Masterpiece of French Faience: Selections from the Sidney R. Knafel CollectionOctober 10, 2018 to September 22, 2019Visitors: 190,222 (during the period of October 1, 2018 through June 30, 2019)The Charterhouse of Bruges: Jan van Eyck, Petrus Christus, and Jan VosSeptember 18, 2018 to January 13, 2019Visitors: 85,406Canova's George WashingtonMay 23, 2018 to September 23, 2018Visitors: 54,138 (during the period of July 1, 2018 through September 23, 2018)Education Programs: The Collection organized a total of 1,434 public education programs during the 2018 tax year that served approximately 30,401 individuals. Programs included guided visits, after school programs, and courses for middle school, high school, and graduate students. And, for the general public, gallery conversations and dialogues, sketching and seminars and talks in the galleries, as well as lectures and panels and salon evenings featuring dance and music. The Fricks free nights known as First Fridays continued to serve broad audiences with extended hours and programs including sketching, music, and talks, in addition to special evenings specifically for college and teen audiences.Art History Lecture Series: 18 scholarly lectures presented to the public by curatorial staff of the Collection and guest speakers. The Frick Collection, FY19 Symposia: The Orlans Collections: Tastemaking, Networking and LegacyJanuary 11- 12, 2019(Co-organized by the Fricks Center for the History of Collection and the New Orleans Museum of Art)A Symposium on the History of ArtApril 5- 6, 2019(Presented by The Frick Collection and the Institute of Fine Arts, New York University)When Michelangelo Was Modern: The Art Market and Collecting in Italy, 14501650April 12- 13, 2019(Presented by the Center for the History of Collecting, Frick Art Reference Library, the Robert H. Smith Foundation, and Northern Trust)Collecting the Uncollectible: Earth and Site-Specific SculptureMay 23, 2019(Presented by the Center for the History of Collecting, Frick Art Reference Library, and the Robert H. Smith Foundation)Above and Beyond: Ceiling Painting in the History of ArtJune 27, 2019(Presented by The Frick Collection in connection to its exhibition Tiepolo in Milan: The Lost Frescoes of Palazzo Archinto)Publications:The Charterhouse of Bruges: Jan van Eyck, Petrus Christus, and Jan Vos, 2018Masterpieces of French Faience: Selections from Sidney R. Knafel Collection, 2018Luigi Valadier, 2018Vermeers Mistress and Maid- Frick Diptych, 2018Moroni: The Riches of Renaissance Portraiture, 2019Tiepolo in Milan: The Lost Frescoes of Palazzo Archinto, 2019The Scher Collection of Commemorative Medals, 2019Duveen Brothers and the Market for Decorative Arts, 18801940, 2019Gouthires Candelabras- Frick Diptych, 2019 |
| Form 990, Part III, Line 4B- Program Service Accomplishments | Library Program (continued)Drawing on the archival collections the library, the Center for the History of Collecting is a program that was established to foster awareness and scholarly study of the formation of fine and decorative arts collections and to promote the relevance of this subject to the history of art and culture. In the 2018 tax year, the Collection organized the following academic symposia on the history of collecting:The Orlans Collections: Tastemaking, Networking and LegacyJanuary 11- 12, 2019(Co-organized by the Fricks Center for the History of Collection and the New Orleans Museum of Art)A Symposium on the History of ArtApril 5 6, 2019Presented by The Frick Collection and the Institute of Fine Arts, New York UniversityWhen Michelangelo Was Modern: The Art Market and Collecting in Italy, 14501650April 12- 13, 2019(Presented by the Center for the History of Collecting, Frick Art Reference Library, the Robert H. Smith Foundation, and Northern Trust)Collecting the Uncollectible: Earth and Site-Specific SculptureMay 23, 2019Presented by the Center for the History of Collecting, Frick Art Reference Library, and the Robert H. Smith FoundationAbove and Beyond: Ceiling Painting in the History of ArtJune 27, 2019Presented by The Frick Collection in connection to its exhibition Tiepolo in Milan: The Lost Frescoes of Palazzo Archinto |
| Form 990, Part IX, Line 24a | Program services, management and fundraising expenses include non-operating costs, a considerable portion of which are related to pension and other post-retirement benefits. These actuarially-calculated costs have a significant impact on the classification of functional expenses and their relative totals. |
| Form 990, Part VI, Line 1a- Executive Committee | The Board of Trustees has appointed an Executive Committee with the authority to exercise, during the intervals between regularly scheduled meetings of the Board of Trustees, all of the powers of the Board except that the Executive Committee may not amend or repeal the bylaws of the Collection or adopt new bylaws; fill vacancies in the Board of Trustees or in any Committee; or amend or repeal any resolution of the Board of Trustees which by its terms is not amendable or repealable; to fix the compensation of Trustees, if any, for serving on the Board or any committee; to elect or remove Officers or Trustees; to approve a merger or plan of dissolution; to approve the sale, lease, exchange or other disposition of art or stubstantiate all the assets of The Collection; or to ammend the charter of The Collection. The Executive Committee consists of the following members with voting rights: the Chair, the Vice Chair, the Secretary, and the Treasurer of the Collection, each of whom must be a member of the Board of Trustees under the Collections bylaws, as well as one other Trustee who is elected to the committee by the Board. The Director and Chief Executive Officer of the Collection is a nonvoting member of the Executive Committee. |