BROOKFIELD ARTS FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- BROOKFIELD ARTS FOUNDATION (EIN 31-1681603)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-12
- IRS object ID
- 202023179349102657
- 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
- General Explanation Attachment
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-12T15:03:32-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 042387531 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SULLIVAN & WORCESTER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE POST OFFICE SQUARE | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | 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 | 311681603 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BROOKFIELD ARTS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BROO | BusinessNameControlTxt |
| Phone | 6176467418 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7 WATER STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02109 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL M ARDITO | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6036814291 | PhoneNum |
| Signature | 2020-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN K GRAHAM | PreparerPersonNm |
| PTIN | P00041039 | PTIN |
| Phone | 6173382800 | PhoneNum |
| Preparation | 2020-11-10 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 192.223.236.130 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-12 | IPDt |
| IP Tm | 15:03:27 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 6CE4384BAE5235D213432B3FDB9A3081E7C82BC2 | 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 | $289,586,464 | 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 | $100,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,483,626 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,483,626 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $119,991 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $22,200 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $400,000 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $22,200 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Total Rev And Expnss | $1,605,826 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,505,826 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $119,991 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $9,380 | 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 | $9,380 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $753 | 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 | $753 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $3,092 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $3,092 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $5,237 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $5,237 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $366,048 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $366,048 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $91,318 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $116,345 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $116,345 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $592,173 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $500,855 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $592,173 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $500,855 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,013,653 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,505,826 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $119,991 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $106,736 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $7,498 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $7,498 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses BOY | $104,907 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $103,939 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $103,939 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $23,699,244 | CorporateStockBOYAmt |
| Corporate Stock EOY | $24,801,219 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $30,754,241 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $258,708,902 | OtherAssetsBOYAmt |
| Other Assets EOY | $258,720,786 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $258,720,786 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $282,619,789 | TotalAssetsBOYAmt |
| Total Assets EOY | $283,633,442 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $289,586,464 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $282,619,789 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $283,633,442 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $282,619,789 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $283,633,442 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $282,619,789 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $283,633,442 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $282,619,789 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,013,653 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $283,633,442 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $283,633,442 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 15810.28 UNITS FIDELITY CONTRAFUND | 2018-02-09 | 2019-04-01 | $200,000 | $193,138 | $6,862 | $6,862 |
| 6470.45 UNITS FIDELITY CONTRAFUND | 2017-12-08 | 2019-08-01 | $85,539 | $78,894 | $6,645 | $6,645 |
| 8658.14 UNITS FIDELITY CONTRAFUND | 2018-02-09 | 2019-08-01 | $114,461 | $105,768 | $8,693 | $8,693 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $22,200 | 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 | $559,620 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $26,864,104 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.020832 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $513,808 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $23,299,440 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.022052 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $3,457,687 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $18,886,729 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.183075 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $4,601,226 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $19,548,311 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.235377 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $15,525,784 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $19,499,684 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.796207 | DistributionYr5Rt |
| Total Distribution | 1.257543 | TotalDistributionRt |
| Average Distribution | 0.251509 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $27,898,074 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $7,016,617 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $15,058 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $7,031,675 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $512,739 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $30,117 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $30,117 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $30,117 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $49,674 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $20,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $69,674 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $39,557 | OverpaymentAmt |
| Applied To ES Tax | $39,557 | 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 | MA | OrgReportOrRegisterStateCd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | DANIEL M ARDITO | IndividualWithBooksNm |
| Phone | 6036814291 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 KEEWAYDIN DRIVE SUITE 100 | AddressLine1Txt |
| City | SALEM | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03079 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (1) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| EDWARD C JOHNSON IV | ||||||||
| 7 WATER STREET | BOSTON | MA | 02109 | PRESIDENT/DIRECTOR | 5.00 | $0 | $0 | $0 |
| CHRISTOPHER C CURTIS | ||||||||
| ONE POST OFFICE SQUARE | BOSTON | MA | 02109 | DIRECTOR | 5.00 | $0 | $0 | $0 |
| TARA CEDERHOLM | ||||||||
| 11 KEEWAYDIN DRIVE | SALEM | NH | 03079 | VICE PRESIDENT | 6.00 | $0 | $0 | $0 |
| DANIEL ARDITO | ||||||||
| 11 KEEWAYDIN DRIVE | SALEM | NH | 03079 | TREASURER | 1.00 | $9,380 | $2,795 | $0 |
| MELANIE S SOMMER ESQ | ||||||||
| 11 KEEWAYDIN DRIVE | SALEM | NH | 03079 | SECRETARY/DIRECTOR | 5.00 | $0 | $0 | $0 |
| RICHARD WEIDMANN | ||||||||
| 11 KEEWAYDIN DRIVE | SALEM | NH | 03079 | ASSISTANT TREASURER | 5.00 | $0 | $0 | $0 |
| MONICA LEWIS | ||||||||
| 11 KEEWAYDIN DRIVE | SALEM | NH | 03079 | ASSISTANT SECRETARY | 5.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| COOPERATIVE PHILANTHROPIC SERVICES | |||||
| 11 KEEWAYDIN DR STE 100 | SALEM | NH | 03079 | PROGRAM ADMINISTRATIVE SERVICES | $336,392 |
| WILLIS OF MASSACHUSETTS | |||||
| 100 HUNTINGTON AV | BOSTON | MA | 02116 | INSURANCE | $65,367 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | BROOKFIELD ARTS FOUNDATION (THE "FOUNDATION") WAS FOUNDED IN 2000 TO ESTABLISH, MAINTAIN AND OPERATE AN EDUCATIONAL ORGANIZATION FOR THE PURPOSE OF IMPROVING POPULAR AND SCHOLARLY UNDERSTANDING OF ART AND THE DECORATIVE ARTS. THE FOUNDATION SEEKS TO PROMOTE RESEARCH INTO TECHNIQUES OF MANUFACTURE, CONSTRUCTION, ORIGINAL USE AND OWNERSHIP PATTERNS OF THESE OBJECTS, INTO THE SCIENTIFIC ANALYSIS OF MATERIALS AND OF ORIGINAL TECHNIQUES; TO PROVIDE CARE AND CONSERVE OBJECTS OWNED BY THE FOUNDATION; WITH THE INTENT OF MAKING THE RESULTS OF RESEARCH ON SUCH OBJECTS AVAILABLE BOTH TO THE GENERAL PUBLIC AND TO THE SCHOLARLY COMMUNITY; TO PUBLICALLY EXHIBIT SUCH OBJECTS OWNED BY THE FOUNDATION (THE "COLLECTION") OFTEN IN COLLABORATION WITH PUBLIC EXHIBITS OF SIMILAR OBJECTS OWNED BY OTHERS; AND TO MAKE GRANTS AND LOANS OF SUCH OBJECTS TO OTHER ORGANIZATIONS WHICH ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE.") | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Description2 | DURING 2019 THE FOUNDATION HAD ON LOAN 579 OBJECTS FROM THE FOUNDATION'S COLLECTION TO THE FOLLOWING MAJOR MUSEUMS FOR DISPLAY TO THE PUBLIC: ART INSTITUTE OF CHICAGO (ILLINOIS), CLARK ART INSTITUTE (MASSACHUSETTS), HIDCOTE, NATIONAL TRUST UK (ENGLAND), HISTORIC NEW ENGLAND (MASSACHUSETTS), MUSEUM OF EARLY SOUTHERN DECORATIVE ARTS (NORTH CAROLINA), MUSEUM OF FINE ARTS, BOSTON (MASSACHUSETTS), PEABODY ESSEX MUSEUM (MASSACHUSETTS), PORTLAND MUSEUM OF ART (MAINE), ST. GEORGE'S FOUNDATION (BERMUDA), AND YALE UNIVERSITY ART GALLERY (CONNECTICUT). THE FOUNDATION HAS ON LOAN AN HISTORIC HOUSE, COMPLETE WITH ITS FURNISHINGS, WHICH NUMBER 519 OBJECTS IN TOTAL. IN 2019, FOUR OBJECTS FROM THE COLLECTION WERE INCLUDED IN NEW PUBLICATIONS. DURING 2019, THE FOUNDATION HOSTED ONE VISIT FROM ART HISTORY SCHOLARS OR RESEARCHERS ALLOWING THEM TO EXAMINE IN DETAIL OBJECTS FROM THE COLLECTION. THE RESULTS OF THEIR RESEARCH WILL EVENTUALLY BE PUBLISHED IN DISSERTATIONS, MUSEUM PUBLICATIONS | Description2Txt |
| Expenses2 | $500,855 | Expenses2Amt |
| Description3 | THE FOUNDATION (A) CARES FOR AND CONSERVES OBJECTS FROM ITS COLLECTION AND (B) SEEKS TO PROMOTE RESEARCH INTO (I) TECHNIQUES OF MANUFACTURE, CONSTRUCTION AND THE LIKE AND (II) SCIENTIFIC ANALYSIS OF MATERIALS AND ORIGINAL TECHNIQUES. IN 2019, 48 OBJECTS FROM THE COLLECTION UNDERWENT CONSERVATION TREATMENT. THIS TREATMENT INCLUDED STABILIZING FRAGILE OBJECTS IN PREPARATION FOR A DIGITAL SCANNING EFFORT, AS WELL AS MINOR CLEANING FOR EXHIBITION. 182 FRAGILE DOCUMENTS AND PHOTOGRAPHS WERE DIGITALLY SCANNED ALLOWING THE OBJECTS TO BE MORE AVAILABLE FOR RESEARCH WHILE PRESERVING THE ORIGINAL MATERIALS. ANNUAL INTERIOR CONSERVATION WORK WAS COMPLETED ON THE HISTORIC HOUSE, INCLUDING CONTINUED STABILIZATION OF THE ORIGINAL WALLPAPER, A DEEP CLEANING OF THE INTERIOR AND THE OBJECTS WHICH ARE ON VIEW IN THE HOUSE AS WELL AS CONTINUED WORK TO DOCUMENT THE CONDITION OF EACH OBJECT CURRENTLY ON VIEW AND THEIR MOUNTING SYSTEMS. THE FOUNDATION CONTINUED TO WORK WITH EXTERIOR REPAIR SPECIALISTS | Description3Txt |
| Expenses3 | $11,885 | Expenses3Amt |
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 | $28,322,918 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $28,322,918 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $28,322,918 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $424,844 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $27,898,074 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,394,904 | 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 | $500,855 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $11,884 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $512,739 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $512,739 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1999-12-22 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $119,991 | CurrentYearAmt |
| Year1 | $109,562 | Year1Amt |
| Year2 | $117,316 | Year2Amt |
| Year3 | $445,526 | Year3Amt |
| Total | $792,395 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $101,992 | CurrentYearAmt |
| Year1 | $93,128 | Year1Amt |
| Year2 | $99,719 | Year2Amt |
| Year3 | $378,697 | Year3Amt |
| Total | $673,536 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $512,739 | CurrentYearAmt |
| Year1 | $559,620 | Year1Amt |
| Year2 | $513,808 | Year2Amt |
| Year3 | $3,457,687 | Year3Amt |
| Total | $5,043,854 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $512,739 | CurrentYearAmt |
| Year1 | $559,620 | Year1Amt |
| Year2 | $513,808 | Year2Amt |
| Year3 | $3,457,687 | Year3Amt |
| Total | $5,043,854 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $289,482,524 | CurrentYearAmt |
| Year1 | $282,996,725 | Year1Amt |
| Year2 | $284,588,582 | Year2Amt |
| Year3 | $279,119,066 | Year3Amt |
| Total | $1,136,186,897 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $258,720,786 | CurrentYearAmt |
| Year1 | $258,708,902 | Year1Amt |
| Year2 | $258,678,976 | Year2Amt |
| Year3 | $258,622,728 | Year3Amt |
| Total | $1,034,731,392 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $929,936 | CurrentYearAmt |
| Year1 | $895,470 | Year1Amt |
| Year2 | $776,648 | Year2Amt |
| Year3 | $629,557 | Year3Amt |
| Total | $3,231,611 | 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) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,483,626 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $22,200 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,505,826 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,505,826 | TotalIncomeProducingActyAmt |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EDWARD C JOHNSON 3D | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 245 SUMMER STREET | AddressLine1Txt |
| City | BOSTON | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $100,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | FORM 990-PF PART XIV PRIVATE OPERATING FOUNDATIONS | FormAndLineReferenceDesc |
| Medium Explanation | PART XIV HAS BEEN CORRECTED TO SHOW THE CORRECT ADJUSTED NET INCOME OF THE FOUNDATION IN YEARS 2018-2016. ON PRIOR YEAR RETURNS ADJUSTED NET INCOME WAS ERRONEOUSLY SHOWN TO INCLUDE LONG TERM CAPITAL GAINS AND CAPITAL GAIN DIVIDENDS FROM MUTUAL FUNDS. SEE SECTION 4942(F)(2)(B) AND REV. RUL. 73320. THE ADJUSTMENT IS MADE TO SHOW THE CORRECT ADJUSTED NET INCOME. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIDELITY CONTRAFUND | $18,032,081 | $23,849,543 |
| FIDELITY LOW PRICED STOCK FUND | $6,769,138 | $6,904,698 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $5,237 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $5,237 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ANTIQUES (AT BOOK VALUE) | Desc |
| BOY Book Value | $258,708,902 | BOYBookValueAmt |
| EOY Book Value | $258,720,786 | EOYBookValueAmt |
| EOYFMV | $258,720,786 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INSURANCE | $65,367 | $0 | $0 | $65,367 |
| STATE FILING FEES | $1,509 | $0 | $0 | $1,509 |
| INSTALLATION AND TRANSPORT | $49,469 | $0 | $0 | $49,469 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROGRAM ADMINISTRATION | CategoryTxt |
| Amt | $366,048 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $366,048 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE | CategoryTxt |
| Amt | $91,318 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |