GLENSTONE FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- GLENSTONE FOUNDATION (EIN 20-5938416)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-10-28
- IRS object ID
- 202023029349100702
- Schema version
- 2019v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Cash Deemed Charitable Expln Stmt
- Depreciation Schedule
- General Explanation Attachment
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Sales Of Inventory List
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-10-28T09:26:13-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Deloitte Tax LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 E Pratt Street Suite 500 | AddressLine1Txt |
| City | Baltimore | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 205938416 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Glenstone Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GLEN | BusinessNameControlTxt |
| Phone | 3019835001 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12100 Glen Road | AddressLine1Txt |
| City | Potomac | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20854 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | C Scott Brannan | PersonNm |
| Person Title | Vice President/Treasurer | PersonTitleTxt |
| Phone | 3012992225 | PhoneNum |
| Signature | 2020-10-28 | SignatureDt |
| Discuss With Paid Preparer | 0 | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Anne Fulton | PreparerPersonNm |
| PTIN | P00941863 | PTIN |
| Phone | 4105767359 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 108.48.173.50 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-10-28 | IPDt |
| IP Tm | 09:26:08 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | CD4F2B21FEBEA51A582AAFCF1214ADFE7520C740 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | CD4F2B21FEBEA51A582AAFCF1214ADFE7520C740 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,935,323,274 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $181,663,157 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $2,353 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,353 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $2,353 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $17,500 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $17,500 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $17,500 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $187,856,034 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $200,859,158 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $187,856,034 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Incm Modifications Adj Net Incm | $12,797,995 | IncmModificationsAdjNetIncmAmt |
| Gross Sales Less Ret And Allwnc | $812,911 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $329,231 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $483,680 | GrossProfitRevAndExpnssAmt |
| Gross Profit Adj Net Incm | $483,680 | GrossProfitAdjNetIncmAmt |
| Other Income Rev And Expnss | $15,000 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $15,000 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $370,037,724 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $187,875,887 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $13,316,528 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $642,143 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $642,143 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $6,486,773 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $6,486,773 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $1,218,149 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $1,218,149 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,072,891 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,072,891 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $16,771 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $16,771 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $4,462,751 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $4,462,751 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $214,899 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $214,899 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,297,598 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $2,297,598 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $10,147,496 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $700,064 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $700,064 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $194,197 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $194,197 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $132,375 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $132,375 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,228,551 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,228,551 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $35,814,658 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $25,667,162 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $544,607 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $544,607 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $36,359,265 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $26,211,769 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $333,678,459 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $187,875,887 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $13,316,528 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $42,809 | CashBOYAmt |
| Cash EOY | $2,589,410 | CashEOYAmt |
| Cash EOYFMV | $2,589,410 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $765 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $656 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $656 | SavAndTempCashInvstEOYFMVAmt |
| Inventories BOY | $803,174 | InventoriesBOYAmt |
| Inventories EOY | $666,303 | InventoriesEOYAmt |
| Inventories EOYFMV | $666,303 | InventoriesEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $394,126,811 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $19,048,928 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $364,587,888 | LandBOYAmt |
| Land EOY | $375,077,883 | LandEOYAmt |
| Land EOYFMV | $375,077,883 | LandEOYFMVAmt |
| Other Assets BOY | $1,437,010,580 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,556,989,022 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,556,989,022 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $1,802,445,216 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,935,323,274 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,935,323,274 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $24,273,100 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $5,847 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $24,273,100 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,847 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $1,778,172,116 | RetainedEarningBOYAmt |
| Retained Earning EOY | $1,935,317,427 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $1,778,172,116 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,935,317,427 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $1,802,445,216 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,935,323,274 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $1,778,172,116 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $333,678,459 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $2,111,850,575 | SubtotalAmt |
| Other Decreases | $176,533,148 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $1,935,317,427 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (40 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| 250,000 Shares FTV Common Stock | 1988-06-30 | 2019-02-21 | $20,116,338 | $12 | $20,116,326 | $20,116,326 | |
| 300,000 Shares DHR Common Stock | 1988-06-30 | 2019-02-27 | $38,030,626 | $12 | $38,030,614 | $38,030,614 | |
| 150,000 Shares DHR Common Stock | 1988-06-30 | 2019-05-03 | $20,056,490 | $12 | $20,056,478 | $20,056,478 | |
| 75,000 Shares FTV Common Stock | 1988-06-30 | 2019-05-03 | $6,465,931 | $6,465,931 | $6,465,931 | ||
| 100,000 Shares DHR Common Stock | 1988-06-30 | 2019-05-21 | $13,065,010 | $12 | $13,064,998 | $13,064,998 | |
| 100,000 Shares DHR Common Stock | 1988-06-30 | 2019-05-24 | $13,250,416 | $12 | $13,250,404 | $13,250,404 | |
| 50,000 Shares CFX Common Stock | 2003-05-28 | 2019-07-15 | $1,345,837 | $2,262 | $1,343,575 | $1,343,575 | |
| 100,000 Shares CFX Common Stock | 2003-05-28 | 2019-07-16 | $2,746,723 | $4,512 | $2,742,211 | $2,742,211 | |
| 50,000 Shares CFX Common Stock | 2003-05-28 | 2019-07-17 | $1,351,867 | $2,262 | $1,349,605 | $1,349,605 | |
| 100,000 Shares CFX Common Stock | 2003-05-28 | 2019-07-18 | $2,660,915 | $4,512 | $2,656,403 | $2,656,403 | |
| 150,000 Shares CFX Common Stock | 2003-05-28 | 2019-07-19 | $4,088,735 | $6,762 | $4,081,973 | $4,081,973 | |
| 100,000 Shares CFX Common Stock | 2003-05-28 | 2019-07-22 | $2,733,313 | $4,512 | $2,728,801 | $2,728,801 | |
| 20,000 Shares CFX Common Stock | 2003-05-28 | 2019-07-23 | $562,502 | $912 | $561,590 | $561,590 | |
| 20,000 Shares CFX Common Stock | 2003-05-28 | 2019-07-24 | $578,100 | $912 | $577,188 | $577,188 | |
| 20,000 Shares CFX Common Stock | 2003-05-28 | 2019-07-26 | $568,252 | $912 | $567,340 | $567,340 | |
| 20,000 Shares CFX Common Stock | 2003-05-28 | 2019-07-29 | $564,590 | $912 | $563,678 | $563,678 | |
| 20,000 Shares CFX Common Stock | 2003-05-28 | 2019-07-30 | $561,730 | $912 | $560,818 | $560,818 | |
| 20,000 Shares CFX Common Stock | 2003-05-28 | 2019-07-31 | $560,337 | $912 | $559,425 | $559,425 | |
| 20,000 Shares CFX Common Stock | 2003-05-28 | 2019-08-01 | $537,183 | $912 | $536,271 | $536,271 | |
| 20,000 Shares CFX Common Stock | 2003-05-28 | 2019-08-02 | $506,254 | $912 | $505,342 | $505,342 | |
| 20,000 Shares CFX Common Stock | 2003-05-28 | 2019-08-05 | $491,332 | $912 | $490,420 | $490,420 | |
| 70,000 Shares CFX Common Stock | 2003-05-28 | 2019-08-06 | $1,911,758 | $3,162 | $1,908,596 | $1,908,596 | |
| 50,000 Shares CFX Common Stock | 2003-05-28 | 2019-08-07 | $1,329,047 | $2,262 | $1,326,785 | $1,326,785 | |
| 100,000 Shares CFX Common Stock | 2003-05-28 | 2019-08-08 | $2,663,755 | $4,512 | $2,659,243 | $2,659,243 | |
| 150,000 Shares CFX Common Stock | 2003-05-28 | 2019-08-09 | $3,904,809 | $6,762 | $3,898,047 | $3,898,047 | |
| 40,000 Shares CFX Common Stock | 2003-05-28 | 2019-10-15 | $1,153,676 | $1,812 | $1,151,864 | $1,151,864 | |
| 40,000 Shares CFX Common Stock | 2003-05-28 | 2019-10-16 | $1,158,460 | $1,812 | $1,156,648 | $1,156,648 | |
| 85,000 Shares CFX Common Stock | 2003-05-28 | 2019-10-17 | $2,518,880 | $3,837 | $2,515,043 | $2,515,043 | |
| 235,000 Shares CFX Common Stock | 2003-05-28 | 2019-10-18 | $7,078,735 | $10,587 | $7,068,148 | $7,068,148 | |
| 20,000 Shares CFX Common Stock | 2003-05-28 | 2019-10-21 | $613,505 | $912 | $612,593 | $612,593 | |
| 230,000 Shares CFX Common Stock | 2003-05-28 | 2019-10-22 | $7,148,390 | $10,362 | $7,138,028 | $7,138,028 | |
| 100,000 Shares CFX Common Stock | 2003-05-28 | 2019-10-23 | $3,171,684 | $4,512 | $3,167,172 | $3,167,172 | |
| 10,000 Shares CFX Common Stock | 2003-05-28 | 2019-10-24 | $317,017 | $462 | $316,555 | $316,555 | |
| 140,000 Shares CFX Common Stock | 2003-05-28 | 2019-10-25 | $4,498,709 | $6,312 | $4,492,397 | $4,492,397 | |
| 50,000 Shares CFX Common Stock | 2003-05-28 | 2019-10-28 | $1,624,356 | $2,262 | $1,622,094 | $1,622,094 | |
| 75,000 Shares CFX Common Stock | 2003-05-28 | 2019-10-29 | $2,412,520 | $3,387 | $2,409,133 | $2,409,133 | |
| 75,000 Shares CFX Common Stock | 2003-05-28 | 2019-10-31 | $2,511,376 | $3,387 | $2,507,989 | $2,507,989 | |
| SALE OF SHIRAGO ARTWORK | 2014-07-17 | 2019-03-07 | $15,000,000 | $9,889,495 | $5,110,505 | $5,110,505 | P |
| SALE OF POLKE ARTWORK | 2010-10-29 | 2019-06-29 | $9,000,000 | $2,908,500 | $6,091,500 | $6,091,500 | P |
| SALE OF WHITTEN ARTWORK | 2017-12-20 | 2019-10-01 | $2,000,000 | $105,697 | $1,894,303 | $1,894,303 | D |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $187,856,034 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $152,685,453 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $0 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.000000 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $242,906,585 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $0 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.000000 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $215,767,581 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $0 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.000000 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $202,173,191 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $0 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.000000 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $182,948,964 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,217,335 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 150.286457 | DistributionYr5Rt |
| Total Distribution | 150.286457 | TotalDistributionRt |
| Average Distribution | 30.057291 | AverageDistributionRt |
| Adj Net Vl Noncharitable Assets | $0 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $1,878,759 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,878,759 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $162,849,474 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $1,878,759 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,878,759 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,878,759 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,135,643 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,135,643 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $256,884 | OverpaymentAmt |
| Applied To ES Tax | $256,884 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | MD | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | www.Glenstone.org | WebsiteAddressTxt |
| Individual With Books | C Scott Brannan | IndividualWithBooksNm |
| Phone | 3012992225 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 12100 Glen Road | AddressLine1Txt |
| City | Potomac | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 20854 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | Yes (1) | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| MITCHELL P RALES | ||||||||
| 12100 GLEN ROAD | POTOMAC | MD | 20854 | CHAIRMAN/DIRECTOR | 30.00 | $0 | $0 | $0 |
| EMILY W RALES | ||||||||
| 12100 GLEN ROAD | POTOMAC | MD | 20854 | PRESIDENT | 50.00 | $0 | $0 | $0 |
| RACHEL L S PLUMLEY | ||||||||
| 12100 GLEN ROAD | POTOMAC | MD | 20854 | SECRETARY/DIRECTOR | 10.00 | $0 | $0 | $0 |
| ANTHONY CERVENY | ||||||||
| 12100 GLEN ROAD | POTOMAC | MD | 20854 | CHIEF OPERATING OFFICER | 50.00 | $242,664 | $14,534 | $0 |
| LAURA LINTON | ||||||||
| 12100 GLEN ROAD | POTOMAC | MD | 20854 | CHIEF ADMINISTRATIVE OFFICER | 50.00 | $229,654 | $13,820 | $0 |
| MARY BETH TSIKALAS | ||||||||
| 12100 GLEN ROAD | POTOMAC | MD | 20854 | DIRECTOR OF FINANCE & HR | 50.00 | $169,825 | $8,341 | $0 |
| C SCOTT BRANNAN | ||||||||
| 12100 GLEN ROAD | POTOMAC | MD | 20854 | VICE PRES./TREASURER/DIRECTOR | 20.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| MARIA MIZES HICKEY | ||||||||
| 12100 GLEN ROAD | POTOMAC | MD | 20854 | DIR REGISTRATION | 50.00 | $150,133 | $11,224 | $0 |
| MARTIN LOTZ | ||||||||
| 12100 GLEN ROAD | POTOMAC | MD | 20854 | DIR OF FACILITIES | 50.00 | $136,708 | $15,940 | $0 |
| PAUL TUKEY | ||||||||
| 12100 GLEN ROAD | POTOMAC | MD | 20854 | CHIEF SUSTAIN OFF | 50.00 | $134,569 | $16,442 | $0 |
| STOCKTON TOLER | ||||||||
| 12100 GLEN ROAD | POTOMAC | MD | 20854 | DIR VISITOR EXPER | 50.00 | $130,320 | $11,939 | $0 |
| STEPHEN CARRICK | ||||||||
| 12100 GLEN ROAD | POTOMAC | MD | 20854 | DIR ENG & MAINT | 50.00 | $112,109 | $15,043 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 46 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Katten Muchin LLP | |||||
| 2900 K St NW | Washington | DC | 20007 | Legal | $5,024,918 |
| Aquatic Resource Restoration Company | |||||
| 12506 Susquehanna Trail S | New Freedom | PA | 17349 | Stream restoration | $2,110,564 |
| Tanenholz & Associates PLLC | |||||
| 1100 H St NW 440 | Washington | DC | 20005 | Document services | $1,121,455 |
| Crozier Fine Arts Inc | |||||
| PO Box 21089 | New York | NY | 10087 | Art storage and handling | $725,879 |
| Mark G Anderson Consultants | |||||
| 730 11th St NW | Washington | DC | 20001 | Construction consultant | $545,099 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 41 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Glenstone Foundation was created as a non-profit corporation to support public and educational exhibitions of art, to promote the study, improvement and advancement of the arts, and to foster research of art.The Foundation, which includes a museum of contemporary art and outdoor sculptures, is located in Montgomery County, MD, near Washington, DC and provides a contemplative, intimate setting for experiencing works of art, architecture, and nature. Open to the public four days weekly, the museum presents selections from an art collection of significant depth and breadth, as well as monumental outdoor sculptures within its landscape. Admission is free to all visitors and its school program also provides transportation for local students. An active loan program makes its artwork available to museums around the world. The Foundation does not accept grant applications. | Description1Txt |
| Expenses1 | $162,304,867 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $12,541,567 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,541,567 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,541,567 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $12,541,567 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $0 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $0 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $26,211,769 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $136,637,705 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $162,849,474 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $1,878,759 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $160,970,715 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 2007-07-31 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $162,849,474 | CurrentYearAmt |
| Year1 | $153,971,750 | Year1Amt |
| Year2 | $245,284,945 | Year2Amt |
| Year3 | $217,731,621 | Year3Amt |
| Total | $779,837,790 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $544,607 | CurrentYearAmt |
| Year1 | $543,100 | Year1Amt |
| Year2 | $631,600 | Year2Amt |
| Year3 | $866,550 | Year3Amt |
| Total | $2,585,857 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $162,304,867 | CurrentYearAmt |
| Year1 | $153,428,650 | Year1Amt |
| Year2 | $244,653,345 | Year2Amt |
| Year3 | $216,865,071 | Year3Amt |
| Total | $777,251,933 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,935,323,274 | CurrentYearAmt |
| Year1 | $1,802,445,216 | Year1Amt |
| Year2 | $1,680,466,427 | Year2Amt |
| Year3 | $1,455,253,184 | Year3Amt |
| Total | $6,873,488,101 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,935,323,274 | CurrentYearAmt |
| Year1 | $1,802,445,216 | Year1Amt |
| Year2 | $1,680,466,427 | Year2Amt |
| Year3 | $1,445,253,184 | Year3Amt |
| Total | $6,863,488,101 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MITCHELL P RALES | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Foundation for Contemporary Arts | ||||||
| 820 Greenwich St | NY | NY | 10014 | PUBLIC CHARITY | SUPPORT THE ARTS | $55,520 |
| Walt Whitman High School | ||||||
| 7100 Whittier Boulevard | Bethesda | MD | 20817 | GOVERNMENT-SCHOOL | SUPPORT THE ARTS | $225 |
| King Baudouin FDN United States | ||||||
| 10 Rockefeller Pl 16th Floor | NY | NY | 10020 | PUBLIC CHARITY | SUPPORT THE ARTS | $11,061 |
| United Way of National Capital Area | ||||||
| 1101 15TH St NW | Washington | DC | 20005 | PUBLIC CHARITY | GENERAL SUPPORT | $2,084 |
| Whitney Museum | ||||||
| 99 Gansevoort St | NY | NY | 10014 | PUBLIC CHARITY | SUPPORT THE ARTS | $250,379 |
| National Gallery of Art | ||||||
| Constitution Ave NW | Washington | DC | 20565 | PUBLIC CHARITY | SUPPORT THE ARTS | $225,338 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $544,607 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,353 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $17,500 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $187,856,034 | ExclusionAmt |
Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $483,680 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Fees for art lending | Desc |
| Related Or Exempt Function Incm | $15,000 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $187,875,887 | ExclusionAmt |
| Related Or Exempt Function Incm | $498,680 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $188,374,567 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 11 | Fee charged to cover costs of lending art to another museum to display |
| 10 | Bookstore items related to exhibits and 2 cafes serve only visitors |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (42 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| MITCHELL P RALES | |||||||
| 1 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $20,155,000 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 2 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $37,884,000 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 3 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $6,472,125 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 4 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $20,091,750 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 5 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $13,115,000 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 6 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $13,252,000 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 7 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $1,350,250 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 8 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $2,723,000 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 9 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $1,356,500 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 10 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $2,666,000 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 11 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $4,060,500 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 12 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $2,735,000 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 13 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $557,100 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 14 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $573,200 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 15 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $567,100 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 16 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $567,000 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 17 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $559,900 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 18 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $557,800 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 19 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $537,100 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 20 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $511,800 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 21 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $492,500 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 22 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $1,896,650 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 23 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $1,353,500 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 24 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $2,678,500 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 25 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $3,931,500 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 26 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $475,717 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 27 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $1,149,020 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 28 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $1,162,400 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 29 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $2,499,850 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 30 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $7,060,575 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 31 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $612,700 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 32 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $7,097,800 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 33 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $3,146,500 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 34 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $318,550 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 35 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $4,489,800 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 36 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $1,630,250 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 37 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $2,411,250 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 38 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $2,514,375 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 39 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $50,520 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 40 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $14,175 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 41 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $4,384,900 | Yes (X) | Yes (X) |
| MITCHELL P RALES | |||||||
| 42 | 12002 GLEN ROAD | POTOMAC | MD | 20854 | $2,000,000 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (42 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 250,000 SHARES OF FORTIVE CORP COMMON STOCK | $20,155,000 | 2019-02-21 |
| 2 | 300,000 SHARES OF DANAHER CORP COMMON STOCK | $37,884,000 | 2019-02-27 |
| 3 | 75,000 SHARES OF FORTIVE CORP COMMON STOCK | $6,472,125 | 2019-05-03 |
| 4 | 150,000 SHARES OF DANAHER CORP COMMON STOCK | $20,091,750 | 2019-05-03 |
| 5 | 100,000 SHARES OF DANAHER CORP COMMON STOCK | $13,115,000 | 2019-05-21 |
| 6 | 100,000 SHARES OF DANAHER CORP COMMON STOCK | $13,252,000 | 2019-05-24 |
| 7 | 50,000 SHARES OF COLFAX CORP COMMON STOCK | $1,350,250 | 2019-07-15 |
| 8 | 100,000 SHARES OF COLFAX CORP COMMON STOCK | $2,723,000 | 2019-07-16 |
| 9 | 50,000 SHARES OF COLFAX CORP COMMON STOCK | $1,356,500 | 2019-07-17 |
| 10 | 100,000 SHARES OF COLFAX CORP COMMON STOCK | $2,666,000 | 2019-07-18 |
| 11 | 150,000 SHARES OF COLFAX CORP COMMON STOCK | $4,060,500 | 2019-07-19 |
| 12 | 100,000 SHARES OF COLFAX CORP COMMON STOCK | $2,735,000 | 2019-07-22 |
| 13 | 20,000 SHARES OF COLFAX CORP COMMON STOCK | $557,100 | 2019-07-23 |
| 14 | 20,000 SHARES OF COLFAX CORP COMMON STOCK | $573,200 | 2019-07-24 |
| 15 | 20,000 SHARES OF COLFAX CORP COMMON STOCK | $567,100 | 2019-07-26 |
| 16 | 20,000 SHARES OF COLFAX CORP COMMON STOCK | $567,000 | 2019-07-29 |
| 17 | 20,000 SHARES OF COLFAX CORP COMMON STOCK | $559,900 | 2019-07-30 |
| 18 | 20,000 SHARES OF COLFAX CORP COMMON STOCK | $557,800 | 2019-07-31 |
| 19 | 20,000 SHARES OF COLFAX CORP COMMON STOCK | $537,100 | 2019-08-01 |
| 20 | 20,000 SHARES OF COLFAX CORP COMMON STOCK | $511,800 | 2019-08-02 |
| 21 | 20,000 SHARES OF COLFAX CORP COMMON STOCK | $492,500 | 2019-08-05 |
| 22 | 70,000 SHARES OF COLFAX CORP COMMON STOCK | $1,896,650 | 2019-08-06 |
| 23 | 50,000 SHARES OF COLFAX CORP COMMON STOCK | $1,353,500 | 2019-08-07 |
| 24 | 100,000 SHARES OF COLFAX CORP COMMON STOCK | $2,678,500 | 2019-08-08 |
| 25 | 150,000 SHARES OF COLFAX CORP COMMON STOCK | $3,931,500 | 2019-08-09 |
| 26 | 17,744 SHARES OF COLFAX CORP COMMON STOCK | $475,717 | 2019-09-04 |
| 27 | 40,000 SHARES OF COLFAX CORP COMMON STOCK | $1,149,020 | 2019-10-15 |
| 28 | 40,000 SHARES OF COLFAX CORP COMMON STOCK | $1,162,400 | 2019-10-16 |
| 29 | 85,000 SHARES OF COLFAX CORP COMMON STOCK | $2,499,850 | 2019-10-17 |
| 30 | 235,000 SHARES OF COLFAX CORP COMMON STOCK | $7,060,575 | 2019-10-18 |
| 31 | 20,000 SHARES OF COLFAX CORP COMMON STOCK | $612,700 | 2019-10-21 |
| 32 | 230,000 SHARES OF COLFAX CORP COMMON STOCK | $7,097,800 | 2019-10-22 |
| 33 | 100,000 SHARES OF COLFAX CORP COMMON STOCK | $3,146,500 | 2019-10-23 |
| 34 | 10,000 SHARES OF COLFAX CORP COMMON STOCK | $318,550 | 2019-10-24 |
| 35 | 140,000 SHARES OF COLFAX CORP COMMON STOCK | $4,489,800 | 2019-10-25 |
| 36 | 50,000 SHARES OF COLFAX CORP COMMON STOCK | $1,630,250 | 2019-10-28 |
| 37 | 75,000 SHARES OF COLFAX CORP COMMON STOCK | $2,411,250 | 2019-10-29 |
| 38 | 75,000 SHARES OF COLFAX CORP COMMON STOCK | $2,514,375 | 2019-10-31 |
| 39 | 1,500 SHARES OF COLFAX CORP COMMON STOCK | $50,520 | 2019-11-15 |
| 40 | ORGANIC BEEF | $14,175 | 2019-10-09 |
| 41 | LAND IN POTOMAC, MD | $4,384,900 | 2019-04-29 |
| 42 | WHITTEN ART WORK | $2,000,000 | 2019-10-24 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Tax return preparation | CategoryTxt |
| Amt | $16,771 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $16,771 | DisbursementsCharitablePrpsAmt |
Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | The Foundation's cash is dedicated to pay expenses related to the operation of the Foundation's facilities as a museum open to the public and art acquisitions. As soon as administratively possible, the Foundation assigns cash to a separate, segregated account, available for the payment of the substantial expenses associated with the operation and development of its museum facilities and future art acquisitions. Expenses paid to acquire assets were $136,637,705 for 2019 and are expected to be over $100,000,000 in 2020. The segregated cash is reported on Part II, Line I of the 990-PF. The Foundation determined that the average monthly cash balance of $12,541,567, determined in accordance with Treasury Regulations and reported on Part X, line 1B, was necessary to cover current administrative expenses and other normal and current distributions directly connected with its exempt activities. | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (145 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | RtRt |
|---|---|---|---|---|---|---|---|---|---|
| Equipment | 2015-11-01 | $62,596 | $49,555 | SL | 4.000000000000 | $13,041 | $0 | $0 | |
| Equipment | 2015-06-01 | $313,031 | $199,916 | SL | 6.000000000000 | $52,172 | $0 | $0 | |
| Building imp. - equip | 2015-02-01 | $68,463 | $6,887 | SL | 39.000000000000 | $1,755 | $0 | $0 | |
| Equipment | 2015-09-01 | $18,147 | $6,050 | SL | 10.000000000000 | $1,815 | $0 | $0 | |
| Museum renovation | 2015-08-14 | $6,405,606 | $561,174 | SL | 39.000000000000 | $164,246 | $0 | $0 | |
| Buildings | 2016-08-01 | $2,042,390 | $142,410 | SL | 39.000000000000 | $52,369 | $0 | $0 | |
| Equipment | 2016-08-01 | $90,490 | $24,240 | SL | 10.000000000000 | $9,049 | $0 | $0 | |
| M 2500 Van | 2016-05-01 | $42,351 | $37,645 | SL | 3.000000000000 | $4,706 | $0 | $0 | |
| Equipment | 2016-05-01 | $9,391 | $4,173 | SL | 6.000000000000 | $1,565 | $0 | $0 | |
| Equipment | 2016-09-01 | $5,465 | $327 | SL | 39.000000000000 | $140 | $0 | $0 | |
| Land | 2016-08-01 | $1,098,546 | L | $0 | $0 | $0 | |||
| Museum renovation | 2016-01-01 | $35,723 | $2,748 | SL | 39.000000000000 | $916 | $0 | $0 | |
| Equipment | 2017-01-01 | $323,047 | $64,610 | SL | 10.000000000000 | $32,305 | $0 | $0 | |
| Museum renovation | 2017-01-01 | $55,826 | $2,862 | SL | 39.000000000000 | $1,431 | $0 | $0 | |
| Land | 2017-01-01 | $1,838,170 | L | $0 | $0 | $0 | |||
| Building | 2017-04-01 | $786,450 | $35,289 | SL | 39.000000000000 | $20,165 | $0 | $0 | |
| Equipment | 2017-04-01 | $889,099 | $155,592 | SL | 10.000000000000 | $88,910 | $0 | $0 | |
| DR 2500 Truck | 2017-06-01 | $41,215 | $21,752 | SL | 3.000000000000 | $13,738 | $0 | $0 | |
| Building | 2017-07-01 | $1,567,351 | $60,282 | SL | 39.000000000000 | $40,188 | $0 | $0 | |
| Equipment | 2017-07-01 | $129,864 | $19,479 | SL | 10.000000000000 | $12,986 | $0 | $0 | |
| Land improvement 18.1 | 2018-09-01 | $39,506,393 | $658,440 | SL | 20.000000000000 | $1,975,320 | $0 | $0 | |
| Land improvement 18.2 | 2018-10-01 | $506,226 | $6,328 | SL | 20.000000000000 | $25,311 | $0 | $0 | |
| Land improvement 18.3 | 2018-11-01 | $329,507 | $2,746 | SL | 20.000000000000 | $16,475 | $0 | $0 | |
| Land improvement 18.4 | 2018-10-01 | $100,649 | $1,258 | SL | 20.000000000000 | $5,032 | $0 | $0 | |
| Land | 2018-09-01 | $40,978,991 | L | $0 | $0 | $0 | |||
| Building 18.1 | 2018-01-01 | $244,170,051 | $6,260,771 | SL | 39.000000000000 | $6,260,771 | $0 | $0 | |
| Building 18.2 | 2018-02-01 | $1,255,486 | $32,192 | SL | 39.000000000000 | $32,192 | $0 | $0 | |
| Building 18.3 | 2018-03-01 | $604,016 | $12,906 | SL | 39.000000000000 | $15,488 | $0 | $0 | |
| Building 18.4 | 2018-04-01 | $8,238,920 | $158,441 | SL | 39.000000000000 | $211,254 | $0 | $0 | |
| Building 18.5 | 2018-05-01 | $1,394,901 | $23,844 | SL | 39.000000000000 | $35,767 | $0 | $0 | |
| Building 18.6 | 2018-06-01 | $748,180 | $11,191 | SL | 39.000000000000 | $19,184 | $0 | $0 | |
| Building 18.7 | 2018-07-01 | $262,797 | $3,369 | SL | 39.000000000000 | $6,738 | $0 | $0 | |
| Building 18.8 | 2018-08-01 | $375,120 | $4,008 | SL | 39.000000000000 | $9,618 | $0 | $0 | |
| Building 18.9 | 2018-09-01 | $10,443,013 | $89,257 | SL | 39.000000000000 | $267,770 | $0 | $0 | |
| Building 18.10 | 2018-10-01 | $779,077 | $4,994 | SL | 39.000000000000 | $19,976 | $0 | $0 | |
| Building 18.11 | 2018-11-01 | $380,764 | $1,627 | SL | 39.000000000000 | $9,763 | $0 | $0 | |
| Building 18.12 | 2018-12-01 | $1,000 | $2 | SL | 39.000000000000 | $26 | $0 | $0 | |
| Equipment - Tools | 2018-01-01 | $2,812 | $469 | SL | 6.000000000000 | $469 | $0 | $0 | |
| Equipment - WAP | 2018-01-01 | $10,197 | $1,700 | SL | 6.000000000000 | $1,700 | $0 | $0 | |
| Equipment - furnishings | 2018-02-01 | $30,857 | $2,829 | SL | 10.000000000000 | $3,086 | $0 | $0 | |
| Equipment - furnishings | 2018-07-01 | $21,840 | $1,092 | SL | 10.000000000000 | $2,184 | $0 | $0 | |
| Equipment - technology | 2018-01-01 | $269,543 | $44,924 | SL | 6.000000000000 | $44,924 | $0 | $0 | |
| Equipment - IT equipment | 2018-01-01 | $17,565 | $2,928 | SL | 6.000000000000 | $2,928 | $0 | $0 | |
| Equipment - lift | 2018-01-01 | $1,950 | $195 | SL | 6.000000000000 | $325 | $0 | $0 | |
| Equipment - tools | 2018-02-01 | $7,378 | $1,127 | SL | 6.000000000000 | $1,230 | $0 | $0 | |
| Equipment - radios | 2018-02-01 | $77,012 | $11,766 | SL | 6.000000000000 | $12,835 | $0 | $0 | |
| Equipment - fixtures | 2018-02-01 | $5,092 | $467 | SL | 10.000000000000 | $509 | $0 | $0 | |
| Equipment - furnishings | 2018-03-01 | $15,543 | $1,295 | SL | 10.000000000000 | $1,554 | $0 | $0 | |
| Equipment - scrubber | 2018-03-01 | $5,143 | $714 | SL | 6.000000000000 | $857 | $0 | $0 | |
| Equipment - scrubber | 2018-04-01 | $20,875 | $2,609 | SL | 6.000000000000 | $3,479 | $0 | $0 | |
| Equipment - video | 2018-04-01 | $31,385 | $3,923 | SL | 6.000000000000 | $5,231 | $0 | $0 | |
| Equipment - truck | 2018-04-01 | $32,400 | $5,400 | SL | 4.000000000000 | $8,100 | $0 | $0 | |
| Equipment - safe | 2018-04-01 | $5,855 | $439 | SL | 10.000000000000 | $586 | $0 | $0 | |
| Equipment - furnishings | 2018-04-01 | $10,193 | $764 | SL | 10.000000000000 | $1,019 | $0 | $0 | |
| Equipment - display cases | 2018-04-01 | $608,203 | $45,615 | SL | 10.000000000000 | $60,820 | $0 | $0 | |
| Equipment - display cases | 2018-09-01 | $31,885 | $1,063 | SL | 10.000000000000 | $3,189 | $0 | $0 | |
| Equipment - lift | 2018-04-01 | $11,319 | $1,415 | SL | 6.000000000000 | $1,887 | $0 | $0 | |
| Equipment - compressor | 2018-05-01 | $24,328 | $2,703 | SL | 6.000000000000 | $4,055 | $0 | $0 | |
| Equipment - load mover | 2018-05-01 | $39,109 | $4,345 | SL | 6.000000000000 | $6,518 | $0 | $0 | |
| Equipment - mower | 2018-05-01 | $8,550 | $570 | SL | 10.000000000000 | $855 | $0 | $0 | |
| Equipment - K systems | 2018-05-01 | $13,321 | $1,480 | SL | 6.000000000000 | $2,220 | $0 | $0 | |
| Equipment - shelving | 2018-05-01 | $25,572 | $1,705 | SL | 10.000000000000 | $2,557 | $0 | $0 | |
| Equipment - lift | 2018-06-01 | $15,496 | $904 | SL | 10.000000000000 | $1,550 | $0 | $0 | |
| Equipment - server | 2018-06-01 | $18,895 | $1,837 | SL | 6.000000000000 | $3,149 | $0 | $0 | |
| Equipment - rotary files | 2018-06-01 | $46,606 | $2,719 | SL | 10.000000000000 | $4,661 | $0 | $0 | |
| Equipment - Toro | 2018-07-01 | $21,926 | $2,741 | SL | 4.000000000000 | $5,482 | $0 | $0 | |
| Equipment - Trimble | 2018-07-01 | $5,575 | $465 | SL | 6.000000000000 | $929 | $0 | $0 | |
| Equipment - projector | 2018-08-01 | $41,097 | $2,854 | SL | 6.000000000000 | $6,850 | $0 | $0 | |
| Equipment - furnishings | 2018-08-01 | $15,070 | $502 | SL | 10.000000000000 | $1,507 | $0 | $0 | |
| Equipment - benches | 2018-09-01 | $247,996 | $8,267 | SL | 10.000000000000 | $24,800 | $0 | $0 | |
| Equipment - cafe chairs | 2018-09-01 | $62,384 | $2,079 | SL | 10.000000000000 | $6,238 | $0 | $0 | |
| Equipment - cafe furnishings | 2018-09-01 | $51,756 | $1,725 | SL | 10.000000000000 | $5,176 | $0 | $0 | |
| Equipment - exhibition EC | 2018-09-01 | $56,896 | $1,422 | SL | 10.000000000000 | $5,690 | $0 | $0 | |
| Equipment - ice machine | 2018-09-01 | $5,286 | $294 | SL | 6.000000000000 | $881 | $0 | $0 | |
| Equipment - iMac Pro | 2018-09-01 | $6,019 | $334 | SL | 6.000000000000 | $1,003 | $0 | $0 | |
| Equipment - patio furnishings | 2018-09-01 | $38,954 | $1,298 | SL | 10.000000000000 | $3,895 | $0 | $0 | |
| Equipment - patio fridge | 2018-09-01 | $10,713 | $357 | SL | 10.000000000000 | $1,071 | $0 | $0 | |
| Equipment - signs | 2018-09-01 | $1,047,601 | $34,920 | SL | 10.000000000000 | $104,760 | $0 | $0 | |
| Equipment - signs | 2018-10-01 | $47,014 | $1,567 | SL | 10.000000000000 | $4,701 | $0 | $0 | |
| Equipment - cabinet | 2018-09-01 | $8,992 | $300 | SL | 10.000000000000 | $899 | $0 | $0 | |
| Equipment - cooler | 2018-09-01 | $16,474 | $549 | SL | 10.000000000000 | $1,647 | $0 | $0 | |
| Equipment - cooler | 2018-10-01 | $5,286 | $176 | SL | 10.000000000000 | $529 | $0 | $0 | |
| Equipment - shelving | 2018-09-01 | $22,730 | $758 | SL | 10.000000000000 | $2,273 | $0 | $0 | |
| Equipment - stools | 2018-10-01 | $1,186 | $30 | SL | 10.000000000000 | $119 | $0 | $0 | |
| Equipment - blower | 2018-10-01 | $8,609 | $215 | SL | 10.000000000000 | $861 | $0 | $0 | |
| Equipment - table | 2018-10-01 | $8,960 | $224 | SL | 10.000000000000 | $896 | $0 | $0 | |
| Equipment - table | 2018-11-01 | $3,840 | $64 | SL | 10.000000000000 | $384 | $0 | $0 | |
| Equipment - lift | 2018-11-01 | $21,906 | $365 | SL | 10.000000000000 | $2,191 | $0 | $0 | |
| Equipment - Kobota | 2018-12-01 | $12,500 | $260 | SL | 4.000000000000 | $3,125 | $0 | $0 | |
| Equipment - Toro | 2018-12-01 | $28,795 | $600 | SL | 4.000000000000 | $7,199 | $0 | $0 | |
| Equipment - Pol. A | 2018-09-01 | $119,840 | $13,316 | SL | 3.000000000000 | $39,947 | $0 | $0 | |
| Equipment - Pol. C | 2018-09-01 | $14,678 | $1,631 | SL | 3.000000000000 | $4,893 | $0 | $0 | |
| Equipment - Pol. E | 2018-11-01 | $35,440 | $1,969 | SL | 3.000000000000 | $11,813 | $0 | $0 | |
| Equipment - Club 5 | 2018-11-01 | $112,705 | $6,261 | SL | 3.000000000000 | $37,568 | $0 | $0 | |
| Equipment - Club 7 | 2018-11-01 | $21,605 | $1,200 | SL | 3.000000000000 | $7,202 | $0 | $0 | |
| Equipment - signs | 2018-11-01 | $3,391 | $57 | SL | 10.000000000000 | $339 | $0 | $0 | |
| Equipment - AH furnishings | 2018-09-01 | $38,105 | $1,270 | SL | 10.000000000000 | $3,811 | $0 | $0 | |
| CIP | $5,807,891 | $0 | $0 | $0 | 0.000000000000 | ||||
| ADA Cart | 2019-04-01 | $36,487 | SL | 4.000000000000 | $6,841 | $0 | $0 | ||
| Security cameras | 2019-04-01 | $137,125 | SL | 6.000000000000 | $17,141 | $0 | $0 | ||
| Display cases - art storage | 2019-01-01 | $47,827 | SL | 10.000000000000 | $4,783 | $0 | $0 | ||
| Forklift - indoor | 2019-04-01 | $26,627 | SL | 4.000000000000 | $4,993 | $0 | $0 | ||
| Forklift - outdoor | 2019-01-01 | $18,453 | SL | 4.000000000000 | $4,613 | $0 | $0 | ||
| Fuel tank | 2019-01-01 | $4,199 | SL | 10.000000000000 | $420 | $0 | $0 | ||
| Polaris GEM cart | 2019-04-01 | $20,836 | SL | 4.000000000000 | $3,907 | $0 | $0 | ||
| IT server upgrade | 2019-05-01 | $190,681 | SL | 6.000000000000 | $21,187 | $0 | $0 | ||
| Models | 2019-10-01 | $18,726 | SL | 10.000000000000 | $468 | $0 | $0 | ||
| Security system | 2019-01-01 | $30,031 | SL | 6.000000000000 | $5,005 | $0 | $0 | ||
| Signage | 2019-05-01 | $16,435 | SL | 10.000000000000 | $1,096 | $0 | $0 | ||
| ST Trailer | 2019-05-01 | $7,515 | SL | 6.000000000000 | $835 | $0 | $0 | ||
| Toro | 2019-01-01 | $33,449 | SL | 4.000000000000 | $8,362 | $0 | $0 | ||
| Walk-in refrigerator | 2019-04-01 | $8,544 | SL | 10.000000000000 | $641 | $0 | $0 | ||
| Workstation - admin | 2019-07-01 | $6,200 | SL | 10.000000000000 | $310 | $0 | $0 | ||
| Workstation - security | 2019-04-01 | $8,493 | SL | 10.000000000000 | $637 | $0 | $0 | ||
| Security cameras | 2019-09-01 | $11,160 | SL | 6.000000000000 | $620 | $0 | $0 | ||
| Security cameras | 2019-10-01 | $19,638 | SL | 6.000000000000 | $818 | $0 | $0 | ||
| Polaris GEM cart | 2019-07-01 | $22,704 | SL | 4.000000000000 | $2,838 | $0 | $0 | ||
| Signage | 2019-02-01 | $2,740 | SL | 10.000000000000 | $251 | $0 | $0 | ||
| Security system | 2019-09-01 | $4,376 | SL | 6.000000000000 | $243 | $0 | $0 | ||
| Land | 2019-06-01 | $9,973,325 | L | $0 | $0 | $0 | |||
| BT - Land improvements | 2019-04-01 | $4,188 | SL | 20.000000000000 | $157 | $0 | $0 | ||
| Irr. system - Land improvements | 2019-05-01 | $27,485 | SL | 20.000000000000 | $916 | $0 | $0 | ||
| GR Fence - Land improvements | 2019-06-01 | $31,719 | SL | 20.000000000000 | $925 | $0 | $0 | ||
| HR - Land improvements | 2019-07-01 | $85,503 | SL | 20.000000000000 | $2,138 | $0 | $0 | ||
| Road - Land improvements | 2019-10-01 | $32,576 | SL | 20.000000000000 | $407 | $0 | $0 | ||
| Entrance - Land improvements | 2019-10-01 | $55,378 | SL | 20.000000000000 | $692 | $0 | $0 | ||
| SRB - Land improvements | 2019-10-01 | $19,951 | SL | 20.000000000000 | $249 | $0 | $0 | ||
| Trails - Land improvements | 2019-11-01 | $2,318 | SL | 20.000000000000 | $19 | $0 | $0 | ||
| Building 19.1 | 2019-01-01 | $48,924 | SL | 39.000000000000 | $1,254 | $0 | $0 | ||
| Building 19.2 | 2019-02-01 | $356,441 | SL | 39.000000000000 | $8,378 | $0 | $0 | ||
| Building 19.3 | 2019-03-01 | $5,122,789 | SL | 39.000000000000 | $109,461 | $0 | $0 | ||
| Building 19.4 | 2019-04-01 | $73,000 | SL | 39.000000000000 | $1,404 | $0 | $0 | ||
| Building 19.7 | 2019-07-01 | $567,668 | SL | 39.000000000000 | $7,278 | $0 | $0 | ||
| Building 19.10 | 2019-10-01 | $225,000 | SL | 39.000000000000 | $1,442 | $0 | $0 | ||
| Building 19.11 | 2019-11-01 | $150,000 | SL | 39.000000000000 | $641 | $0 | $0 | ||
| Building Improvements 19.2 | 2019-02-01 | $180,408 | SL | 39.000000000000 | $4,240 | $0 | $0 | ||
| Building improvements 19.3 | 2019-03-01 | $173,427 | SL | 39.000000000000 | $3,706 | $0 | $0 | ||
| Building improvements 19.4 | 2019-04-01 | $428,240 | SL | 39.000000000000 | $8,235 | $0 | $0 | ||
| Building improvements 19.5 | 2019-05-01 | $124,214 | SL | 39.000000000000 | $2,123 | $0 | $0 | ||
| Building improvements 19.6 | 2019-06-01 | $104,578 | SL | 39.000000000000 | $1,564 | $0 | $0 | ||
| Building improvements 19.7 | 2019-07-01 | $112,221 | SL | 39.000000000000 | $1,439 | $0 | $0 | ||
| Building improvements 19.9 | 2019-09-01 | $27,868 | SL | 39.000000000000 | $238 | $0 | $0 | ||
| Building improvements 19.10 | 2019-10-01 | $153,324 | SL | 39.000000000000 | $983 | $0 | $0 | ||
| Building improvements 19.11 | 2019-11-01 | $6,000 | SL | 39.000000000000 | $26 | $0 | $0 | ||
| Building improvements 19.12 | 2019-12-01 | $109,564 | SL | 39.000000000000 | $234 | $0 | $0 |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule of Controlled Entities | IdentifierTxt |
| Form And Line Reference | Form 990-PF, Page 5, Part VII-A, line 11 | FormAndLineReferenceDesc |
| Medium Explanation | 1.NAME: MITCHELL P. RALES FAMILY FOUNDATIONEIN: 54-1739159ADDRESS: 11790 GLEN ROAD POTOMAC, MD 20854THE CONTROLLED ENTITY IS NOT AN EXCESS BUSINESS HOLDING.2.NAME: HANNIBAL FARMS, INCEIN: 52-1163098ADDRESS: 12001 GLEN ROAD POTOMAC, MD 20854THE CONTROLLED ENTITY IS NOT AN EXCESS BUSINESS HOLDING. | MediumExplanationTxt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (145 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| Equipment | $62,596 | $62,596 | $0 | $0 |
| Equipment | $313,031 | $252,088 | $60,943 | $60,943 |
| Building imp. - equip | $68,463 | $8,642 | $59,821 | $59,821 |
| Equipment | $18,147 | $7,865 | $10,282 | $10,282 |
| Museum renovation | $6,405,606 | $725,420 | $5,680,186 | $5,680,186 |
| Buildings | $2,042,390 | $194,779 | $1,847,611 | $1,847,611 |
| Equipment | $90,490 | $33,289 | $57,201 | $57,201 |
| M 2500 Van | $42,351 | $42,351 | $0 | $0 |
| Equipment | $9,391 | $5,738 | $3,653 | $3,653 |
| Equipment | $5,465 | $467 | $4,998 | $4,998 |
| Land | $1,098,546 | $0 | $1,098,546 | $1,098,546 |
| Museum renovation | $35,723 | $3,664 | $32,059 | $32,059 |
| Equipment | $323,047 | $96,915 | $226,132 | $226,132 |
| Museum renovation | $55,826 | $4,293 | $51,533 | $51,533 |
| Land | $1,838,170 | $0 | $1,838,170 | $1,838,170 |
| Building | $786,450 | $55,454 | $730,996 | $730,996 |
| Equipment | $889,099 | $244,502 | $644,597 | $644,597 |
| DR 2500 Truck | $41,215 | $35,490 | $5,725 | $5,725 |
| Building | $1,567,351 | $100,470 | $1,466,881 | $1,466,881 |
| Equipment | $129,864 | $32,465 | $97,399 | $97,399 |
| Land improvement 18.1 | $39,506,393 | $2,633,760 | $36,872,633 | $36,872,633 |
| Land improvement 18.2 | $506,226 | $31,639 | $474,587 | $474,587 |
| Land improvement 18.3 | $329,507 | $19,221 | $310,286 | $310,286 |
| Land improvement 18.4 | $100,649 | $6,290 | $94,359 | $94,359 |
| Land | $40,978,991 | $0 | $40,978,991 | $40,978,991 |
| Building 18.1 | $244,170,051 | $12,521,542 | $231,648,509 | $231,648,509 |
| Building 18.2 | $1,255,486 | $64,384 | $1,191,102 | $1,191,102 |
| Building 18.3 | $604,016 | $28,394 | $575,622 | $575,622 |
| Building 18.4 | $8,238,920 | $369,695 | $7,869,225 | $7,869,225 |
| Building 18.5 | $1,394,901 | $59,611 | $1,335,290 | $1,335,290 |
| Building 18.6 | $748,180 | $30,375 | $717,805 | $717,805 |
| Building 18.7 | $262,797 | $10,107 | $252,690 | $252,690 |
| Building 18.8 | $375,120 | $13,626 | $361,494 | $361,494 |
| Building 18.9 | $10,443,013 | $357,027 | $10,085,986 | $10,085,986 |
| Building 18.10 | $779,077 | $24,970 | $754,107 | $754,107 |
| Building 18.11 | $380,764 | $11,390 | $369,374 | $369,374 |
| Building 18.12 | $1,000 | $28 | $972 | $972 |
| Equipment - Tools | $2,812 | $938 | $1,874 | $1,874 |
| Equipment - WAP | $10,197 | $3,400 | $6,797 | $6,797 |
| Equipment - furnishings | $30,857 | $5,915 | $24,942 | $24,942 |
| Equipment - furnishings | $21,840 | $3,276 | $18,564 | $18,564 |
| Equipment - technology | $269,543 | $89,848 | $179,695 | $179,695 |
| Equipment - IT equipment | $17,565 | $5,856 | $11,709 | $11,709 |
| Equipment - lift | $1,950 | $520 | $1,430 | $1,430 |
| Equipment - tools | $7,378 | $2,357 | $5,021 | $5,021 |
| Equipment - radios | $77,012 | $24,601 | $52,411 | $52,411 |
| Equipment - fixtures | $5,092 | $976 | $4,116 | $4,116 |
| Equipment - furnishings | $15,543 | $2,849 | $12,694 | $12,694 |
| Equipment - scrubber | $5,143 | $1,571 | $3,572 | $3,572 |
| Equipment - scrubber | $20,875 | $6,088 | $14,787 | $14,787 |
| Equipment - video | $31,385 | $9,154 | $22,231 | $22,231 |
| Equipment - truck | $32,400 | $13,500 | $18,900 | $18,900 |
| Equipment - safe | $5,855 | $1,025 | $4,830 | $4,830 |
| Equipment - furnishings | $10,193 | $1,783 | $8,410 | $8,410 |
| Equipment - display cases | $608,203 | $106,435 | $501,768 | $501,768 |
| Equipment - display cases | $31,885 | $4,252 | $27,633 | $27,633 |
| Equipment - lift | $11,319 | $3,302 | $8,017 | $8,017 |
| Equipment - compressor | $24,328 | $6,758 | $17,570 | $17,570 |
| Equipment - load mover | $39,109 | $10,863 | $28,246 | $28,246 |
| Equipment - mower | $8,550 | $1,425 | $7,125 | $7,125 |
| Equipment - K systems | $13,321 | $3,700 | $9,621 | $9,621 |
| Equipment - shelving | $25,572 | $4,262 | $21,310 | $21,310 |
| Equipment - lift | $15,496 | $2,454 | $13,042 | $13,042 |
| Equipment - server | $18,895 | $4,986 | $13,909 | $13,909 |
| Equipment - rotary files | $46,606 | $7,380 | $39,226 | $39,226 |
| Equipment - Toro | $21,926 | $8,223 | $13,703 | $13,703 |
| Equipment - Trimble | $5,575 | $1,394 | $4,181 | $4,181 |
| Equipment - projector | $41,097 | $9,704 | $31,393 | $31,393 |
| Equipment - furnishings | $15,070 | $2,009 | $13,061 | $13,061 |
| Equipment - benches | $247,996 | $33,067 | $214,929 | $214,929 |
| Equipment - cafe chairs | $62,384 | $8,317 | $54,067 | $54,067 |
| Equipment - cafe furnishings | $51,756 | $6,901 | $44,855 | $44,855 |
| Equipment - exhibition EC | $56,896 | $7,112 | $49,784 | $49,784 |
| Equipment - ice machine | $5,286 | $1,175 | $4,111 | $4,111 |
| Equipment - iMac Pro | $6,019 | $1,337 | $4,682 | $4,682 |
| Equipment - patio furnishings | $38,954 | $5,193 | $33,761 | $33,761 |
| Equipment - patio fridge | $10,713 | $1,428 | $9,285 | $9,285 |
| Equipment - signs | $1,047,601 | $139,680 | $907,921 | $907,921 |
| Equipment - signs | $47,014 | $6,268 | $40,746 | $40,746 |
| Equipment - cabinet | $8,992 | $1,199 | $7,793 | $7,793 |
| Equipment - cooler | $16,474 | $2,196 | $14,278 | $14,278 |
| Equipment - cooler | $5,286 | $705 | $4,581 | $4,581 |
| Equipment - shelving | $22,730 | $3,031 | $19,699 | $19,699 |
| Equipment - stools | $1,186 | $149 | $1,037 | $1,037 |
| Equipment - blower | $8,609 | $1,076 | $7,533 | $7,533 |
| Equipment - table | $8,960 | $1,120 | $7,840 | $7,840 |
| Equipment - table | $3,840 | $448 | $3,392 | $3,392 |
| Equipment - lift | $21,906 | $2,556 | $19,350 | $19,350 |
| Equipment - Kobota | $12,500 | $3,385 | $9,115 | $9,115 |
| Equipment - Toro | $28,795 | $7,799 | $20,996 | $20,996 |
| Equipment - Pol. A | $119,840 | $53,263 | $66,577 | $66,577 |
| Equipment - Pol. C | $14,678 | $6,524 | $8,154 | $8,154 |
| Equipment - Pol. E | $35,440 | $13,782 | $21,658 | $21,658 |
| Equipment - Club 5 | $112,705 | $43,829 | $68,876 | $68,876 |
| Equipment - Club 7 | $21,605 | $8,402 | $13,203 | $13,203 |
| Equipment - signs | $3,391 | $396 | $2,995 | $2,995 |
| Equipment - AH furnishings | $38,105 | $5,081 | $33,024 | $33,024 |
| CIP | $5,807,891 | $0 | $5,807,891 | $5,807,891 |
| ADA Cart | $36,487 | $6,841 | $29,646 | $29,646 |
| Security cameras | $137,125 | $17,141 | $119,984 | $119,984 |
| Display cases - art storage | $47,827 | $4,783 | $43,044 | $43,044 |
| Forklift - indoor | $26,627 | $4,993 | $21,634 | $21,634 |
| Forklift - outdoor | $18,453 | $4,613 | $13,840 | $13,840 |
| Fuel tank | $4,199 | $420 | $3,779 | $3,779 |
| Polaris GEM cart | $20,836 | $3,907 | $16,929 | $16,929 |
| IT server upgrade | $190,681 | $21,187 | $169,494 | $169,494 |
| Models | $18,726 | $468 | $18,258 | $18,258 |
| Security system | $30,031 | $5,005 | $25,026 | $25,026 |
| Signage | $16,435 | $1,096 | $15,339 | $15,339 |
| ST Trailer | $7,515 | $835 | $6,680 | $6,680 |
| Toro | $33,449 | $8,362 | $25,087 | $25,087 |
| Walk-in refrigerator | $8,544 | $641 | $7,903 | $7,903 |
| Workstation - admin | $6,200 | $310 | $5,890 | $5,890 |
| Workstation - security | $8,493 | $637 | $7,856 | $7,856 |
| Security cameras | $11,160 | $620 | $10,540 | $10,540 |
| Security cameras | $19,638 | $818 | $18,820 | $18,820 |
| Polaris GEM cart | $22,704 | $2,838 | $19,866 | $19,866 |
| Signage | $2,740 | $251 | $2,489 | $2,489 |
| Security system | $4,376 | $243 | $4,133 | $4,133 |
| Land | $9,973,325 | $0 | $9,973,325 | $9,973,325 |
| BT - Land improvements | $4,188 | $157 | $4,031 | $4,031 |
| Irr. system - Land improvements | $27,485 | $916 | $26,569 | $26,569 |
| GR Fence - Land improvements | $31,719 | $925 | $30,794 | $30,794 |
| HR - Land improvements | $85,503 | $2,138 | $83,365 | $83,365 |
| Road - Land improvements | $32,576 | $407 | $32,169 | $32,169 |
| Entrance - Land improvements | $55,378 | $692 | $54,686 | $54,686 |
| SRB - Land improvements | $19,951 | $249 | $19,702 | $19,702 |
| Trails - Land improvements | $2,318 | $19 | $2,299 | $2,299 |
| Building 19.1 | $48,924 | $1,254 | $47,670 | $47,670 |
| Building 19.2 | $356,441 | $8,378 | $348,063 | $348,063 |
| Building 19.3 | $5,122,789 | $109,461 | $5,013,328 | $5,013,328 |
| Building 19.4 | $73,000 | $1,404 | $71,596 | $71,596 |
| Building 19.7 | $567,668 | $7,278 | $560,390 | $560,390 |
| Building 19.10 | $225,000 | $1,442 | $223,558 | $223,558 |
| Building 19.11 | $150,000 | $641 | $149,359 | $149,359 |
| Building Improvements 19.2 | $180,408 | $4,240 | $176,168 | $176,168 |
| Building improvements 19.3 | $173,427 | $3,706 | $169,721 | $169,721 |
| Building improvements 19.4 | $428,240 | $8,235 | $420,005 | $420,005 |
| Building improvements 19.5 | $124,214 | $2,123 | $122,091 | $122,091 |
| Building improvements 19.6 | $104,578 | $1,564 | $103,014 | $103,014 |
| Building improvements 19.7 | $112,221 | $1,439 | $110,782 | $110,782 |
| Building improvements 19.9 | $27,868 | $238 | $27,630 | $27,630 |
| Building improvements 19.10 | $153,324 | $983 | $152,341 | $152,341 |
| Building improvements 19.11 | $6,000 | $26 | $5,974 | $5,974 |
| Building improvements 19.12 | $109,564 | $234 | $109,330 | $109,330 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Litigation defense fees | CategoryTxt |
| Legal Fees | $5,072,891 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $5,072,891 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Artwork | $1,406,822,531 | $1,538,785,083 | $1,538,785,083 |
| Surety bonds and other | $2,345,027 | $950,670 | $950,670 |
| Installments receivable | $12,835,000 | $2,123,420 | $2,123,420 |
| Investment in Hannibal Farms | $15,008,022 | $15,129,849 | $15,129,849 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADJUST FMV VS BASIS OF DONATIONS | Desc |
| Amt | $176,533,148 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Art storage and handling | $1,093,489 | $0 | $0 | $1,093,489 |
| Supplies - art and other | $612,655 | $0 | $0 | $612,655 |
| Minor equipment and rentals | $372,091 | $0 | $0 | $372,091 |
| Insurance | $359,826 | $0 | $0 | $359,826 |
| Licenses, fees and memberships | $89,228 | $0 | $0 | $89,228 |
| Maintenance and repairs | $536,784 | $0 | $0 | $536,784 |
| Contract labor | $948,167 | $0 | $0 | $948,167 |
| Catering and food | $141,210 | $0 | $0 | $141,210 |
| Uniforms | $44,684 | $0 | $0 | $44,684 |
| Other | $30,417 | $0 | $0 | $30,417 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Fees for art lending | Desc |
| Revenue And Expenses Per Books | $15,000 | RevenueAndExpensesPerBooksAmt |
| Adjusted Net Income | $15,000 | AdjustedNetIncomeAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| Loan payable - Morgan Stanley Smith Barney | $24,270,674 | $0 |
| Other | $2,426 | $5,847 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Litigation support and other | $2,601,699 | $0 | $0 | $2,601,699 |
| Art conservation and consulting | $534,787 | $0 | $0 | $534,787 |
| Art photography and videography | $78,878 | $0 | $0 | $78,878 |
| Information technology | $1,247,387 | $0 | $0 | $1,247,387 |
Sales Of Inventory List SalesOfInventoryList
Inventory Sale InventorySaleGrp (2 entries)
| CategoryCategoryTxt | Gross SalesGrossSalesAmt | Cost Of Goods SoldCostOfGoodsSoldAmt | NetNetAmt |
|---|---|---|---|
| Cafe | $688,333 | $168,131 | $520,202 |
| Bookstore | $124,578 | $161,100 | -$36,522 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| Excise taxes | $1,890,000 | $0 | $0 | $1,890,000 |
| Real estate taxes | $407,333 | $0 | $0 | $407,333 |
| Taxes other | $265 | $0 | $0 | $265 |