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PEABODY ESSEX MUSEUM INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
PEABODY ESSEX MUSEUM INC (EIN 04-3157815)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-12
IRS object ID
202033179349303483
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-11-12T11:21:29-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263753134PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ MHM LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 BOYLSTON STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043157815EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PEABODY ESSEX MUSEUM INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPEABBusinessNameControlTxt
Phone9787459500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1EAST INDIA SQUAREAddressLine1Txt
CitySALEMCityNm
State AbbreviationMAStateAbbreviationCd
ZIP019703783ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNATHALIE APCHINPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone9787459500PhoneNum
Signature2020-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCRAIG KLEINPreparerPersonNm
PTINP00734640PTIN
Phone6177610600PhoneNum
Preparation2020-11-11PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address207.172.72.163IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-11IPDt
IP Tm07:19:16IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id6EBF32EC077803D5773B28E578504B4367373832AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBRIAN KENNEDYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1EAST INDIA SQUAREAddressLine1Txt
CitySALEMCityNm
State AbbreviationMAStateAbbreviationCd
ZIP019703783ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$425,280,536GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PEM.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1992FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTHE MISSION OF THE PEABODY ESSEX MUSEUM IS TO CELEBRATE OUTSTANDING ARTISTIC AND CULTURAL CREATIVITY BY COLLECTING, STEWARDING AND INTERPRETING OBJECTS OF ART AND CULTURE IN WAYS THAT INCREASE KNOWLEDGE, ENRICH THE SPIRIT, ENGAGE THE MIND AND STIMULATE THE SENSES. THROUGH ITS EXHIBITIONS, PROGRAMS, PUBLICATIONS, MEDIA AND RELATED ACTIVITIES, PEM STRIVES TO CREATE EXPERIENCES THAT TRANSFORM PEOPLE'S LIVES BY BROADENING THEIR PERSPECTIVES, ATTITUDES, AND KNOWLEDGE OF THEMSELVES AND THE WIDER WORLD.ActivityOrMissionDesc
Voting Members Governing Body26VotingMembersGoverningBodyCnt
Voting Members Independent26VotingMembersIndependentCnt
Total Employee320TotalEmployeeCnt
Total Volunteers153TotalVolunteersCnt
Total Gross UBI$1,283,700TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$732,663NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$9,330,069PYContributionsGrantsAmt
CY Contributions Grants$9,716,876CYContributionsGrantsAmt
PY Program Service Revenue$3,023,890PYProgramServiceRevenueAmt
CY Program Service Revenue$2,006,869CYProgramServiceRevenueAmt
PY Investment Income$37,910,974PYInvestmentIncomeAmt
CY Investment Income$42,778,522CYInvestmentIncomeAmt
PY Other Revenue$1,633,671PYOtherRevenueAmt
CY Other Revenue$1,250,023CYOtherRevenueAmt
PY Total Revenue$51,898,604PYTotalRevenueAmt
CY Total Revenue$55,752,290CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$18,711,350PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$19,669,205CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,859,034CYTotalFundraisingExpenseAmt
PY Other Expenses$24,943,904PYOtherExpensesAmt
CY Other Expenses$29,965,926CYOtherExpensesAmt
PY Total Expenses$43,655,254PYTotalExpensesAmt
CY Total Expenses$49,635,131CYTotalExpensesAmt
PY Revenues Less Expenses$8,243,350PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$6,117,159CYRevenuesLessExpensesAmt
Total Assets BOY$707,305,991TotalAssetsBOYAmt
Total Assets EOY$744,344,002TotalAssetsEOYAmt
Total Liabilities BOY$87,660,763TotalLiabilitiesBOYAmt
Total Liabilities EOY$84,878,039TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$619,645,228NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$659,465,963NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE PEABODY ESSEX MUSEUM IS TO CELEBRATE OUTSTANDING ARTISTIC AND CULTURAL CREATIVITY BY COLLECTING, STEWARDING AND INTERPRETING OBJECTS OF ART AND CULTURE IN WAYS THAT INCREASE KNOWLEDGE, ENRICH THE SPIRIT, ENGAGE THE MIND AND STIMULATE THE SENSES. THROUGH ITS EXHIBITIONS, PROGRAMS, PUBLICATIONS, MEDIA AND RELATED ACTIVITIES, PEM STRIVES TO CREATE EXPERIENCES THAT TRANSFORM PEOPLE'S LIVES BY BROADENING THEIR PERSPECTIVES, ATTITUDES, AND KNOWLEDGE OF THEMSELVES AND THE WIDER WORLD.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$13,541,583ExpenseAmt
Revenue$1,755,083RevenueAmt
DescEXHIBITIONS AND PUBLICATIONS: SEE SCHEDULE O.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$9,451,527ExpenseAmt
Revenue$6,302RevenueAmt
DescCURATORIAL AND COLLECTIONS: SEE SCHEDULE O.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$3,775,325ExpenseAmt
Revenue$152,224RevenueAmt
DescEDUCATION: SEE SCHEDULE O.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$11,874,370ExpenseAmt
Revenue$737,172RevenueAmt
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$11,874,370TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$737,172TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$38,642,805TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document160IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee320EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryVIForeignCountryCd
Foreign CountryCJForeignCountryCd
Foreign CountryGKForeignCountryCd
Foreign CountryEIForeignCountryCd
Foreign CountryBDForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members26GoverningBodyVotingMembersCnt
Independent Voting Member26IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNATHALIE APCHINPersonNm
Phone9787459500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PEABODY ESSEX MUSEUM EAST INDIAAddressLine1Txt
CitySALEMCityNm
State AbbreviationMAStateAbbreviationCd
ZIP019703783ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
TINA AMBANI
TRUSTEE1.00Yes (X)$0$0$0
JEFFREY BEALE
TRUSTEE1.00Yes (X)$0$0$0
CLEMENT BENENSON
TRUSTEE1.00Yes (X)$0$0$0
STEPHANIE BENENSON
TRUSTEE1.00Yes (X)$0$0$0
JENNIFER BORGGAARD
SECRETARY2.00Yes (X)$0$0$0Yes (X)
SAMUEL BYRNE
CHAIRMAN3.00Yes (X)$0$0$0Yes (X)
C RICHARD CARLSON
TREASURER2.00Yes (X)$0$0$0Yes (X)
ALFRED CHANDLER III
TRUSTEE1.00Yes (X)$0$0$0
ANA B COLMENERO
TRUSTEE1.00Yes (X)$0$0$0
JAMES HAWKES
VICE PRESIDENT2.00Yes (X)$0$0$0Yes (X)
ANDREW HEISKELL
TRUSTEE1.00Yes (X)$0$0$0
CARLA HERWITZ
TRUSTEE1.00Yes (X)$0$0$0
TIMOTHY INGRAHAM
VICE PRESIDENT2.00Yes (X)$0$0$0Yes (X)
ELIZABETH DE MONTRICHARD
TRUSTEE1.00Yes (X)$0$0$0
KATE O'NEIL
TRUSTEE1.00Yes (X)$0$0$0
JANE PAPPALARDO
TRUSTEE1.00Yes (X)$0$0$0
SUNITA PEREIRA MD
TRUSTEE1.00Yes (X)$0$0$0
STUART PRATT
VICE PRESIDENT2.00Yes (X)$0$0$0Yes (X)
JEFFREY RAYPORT
TRUSTEE1.00Yes (X)$0$0$0
MOLLY RYAN
TRUSTEE1.00Yes (X)$0$0$0
C FRANKLIN SAYRE
TRUSTEE1.00Yes (X)$0$0$0
AUSTIN SHAPARD
TRUSTEE1.00Yes (X)$0$0$0
ROBERT SHAPIRO
PRESIDENT3.00Yes (X)$0$0$0Yes (X)
JURRIEN TIMMER
TRUSTEE1.00Yes (X)$0$0$0
GAIL VON METZSCH
VICE PRESIDENT2.00Yes (X)$0$0$0Yes (X)
ROSITA K WORL
TRUSTEE1.00Yes (X)$0$0$0
BRIAN KENNEDY
EXECUTIVE DIRECTOR (FROM 7/2019)40.00$439,637$0$15,707Yes (X)
DAN MONROE
EXECUTIVE DIRECTOR (UNTIL 7/2019)40.00$883,149$0$84,672Yes (X)
LYNDA ROSCOE HARTIGAN
DEPUTY DIRECTOR40.00$388,543$0$59,426Yes (X)
NATHALIE G APCHIN
CFO40.00$276,704$0$47,311Yes (X)
AMANDA CLARK MACMULLAN
CHIEF PHILANTHROPY OFFICER40.00$382,930$0$36,427Yes (X)
HOWARD J FINNEY
CHIEF MARKETING OFFICER40.00$297,879$0$22,981Yes (X)
ROBERT MONK
DIRECTOR OF FACILITIES & SECURITY40.00$206,514$0$48,111Yes (X)
REBECCA A EHRHARDT
DIRECTOR OF INDIVIDUAL GIVING40.00$181,425$0$41,850Yes (X)
KATHERINE H FREDRICKSON
CHIEF OF CURATORIAL AFFAIRS40.00$166,716$0$42,036Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,223,497TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$398,521TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K30IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CAMBRIDGE ASSOCIATES
125 HIGH STREETBOSTONMA02210INVESTMENT SERVICES$749,667
ENNEAD ARCHITECTS LLP
320 WEST 13TH STREETNEW YORKNY10014ARCHITECTURAL SERVICES$357,062
SCHWARTZSILVER ARCHITECTS INC
75 KNEELAND STREETBOSTONMA02111ARCHITECTURAL SERVICES$301,004
FOLEY HOAG LLP
155 SEAPORT BOULEVARDBOSTONMA02210LEGAL SERVICES$156,692
CBIZ MHM LLC
500 BOYLSTON STREETBOSTONMA02111ACCOUNTING SERVICES$142,850
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K7CntrctRcvdGreaterThan100KCnt
Membership Dues$1,043,369MembershipDuesAmt
Fundraising$620,980FundraisingAmt
Government Grants$122,508GovernmentGrantsAmt
All Other Contributions$7,930,019AllOtherContributionsAmt
Noncash Contributions$884,867NoncashContributionsAmt
Total Contributions$9,716,876TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMISSIONS900099$1,299,448$1,299,448
TRAVELING EXHIBITIONS900099$426,955$426,955
EDUCATION PROGRAM REV.900099$152,224$152,224
FUNCTIONS900099$93,260$93,260
OTHER PROGRAM REVENUE900099$34,982$34,982
FieldValueIRS element (for citing)
Total Program Service Revenue$2,006,869TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,645,388TotalRevenueColumnAmt
Unrelated Business Revenue$1,265,936UnrelatedBusinessRevenueAmt
Exclusion$1,379,452ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$20,643TotalRevenueColumnAmt
Exclusion$20,643ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$45,481RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$18,654RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$26,827RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$26,827TotalRevenueColumnAmt
Exclusion$26,827ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$408,628,279SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$368,495,145SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$40,133,134SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$40,133,134TotalRevenueColumnAmt
Exclusion$40,133,134ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$280,245FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$620,980ContriRptFundraisingEventAmt
Fundraising Direct Expenses$404,280FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$124,035TotalRevenueColumnAmt
Exclusion-$124,035ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,203,981GrossSalesOfInventoryAmt
Cost Of Goods Sold$610,167CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$593,814TotalRevenueColumnAmt
Related Or Exempt Func Income$576,050RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$17,764UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
MISC INVESTMENT INCOME900099$511,815$511,815
INSURANCE RECOVERIES900099$153,097$153,097

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$67,862TotalRevenueColumnAmt
Related Or Exempt Func Income$67,862RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$732,774OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$55,752,290TotalRevenueColumnAmt
Related Or Exempt Func Income$2,650,781RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,283,700UnrelatedBusinessRevenueAmt
Exclusion$42,100,933ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,459,856TotalAmt
Program Services$491,259ProgramServicesAmt
Management And General$1,163,338ManagementAndGeneralAmt
Fundraising$805,259FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$14,004,988TotalAmt
Program Services$11,115,140ProgramServicesAmt
Management And General$1,302,073ManagementAndGeneralAmt
Fundraising$1,587,775FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$902,541TotalAmt
Program Services$716,307ProgramServicesAmt
Management And General$83,911ManagementAndGeneralAmt
Fundraising$102,323FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,274,757TotalAmt
Program Services$1,011,718ProgramServicesAmt
Management And General$118,517ManagementAndGeneralAmt
Fundraising$144,522FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$1,027,063TotalAmt
Program Services$815,135ProgramServicesAmt
Management And General$95,488ManagementAndGeneralAmt
Fundraising$116,440FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$334,553TotalAmt
Program Services$152,060ProgramServicesAmt
Management And General$182,493ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$116,290TotalAmt
Management And General$116,290ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$5,320,353TotalAmt
Program Services$4,569,103ProgramServicesAmt
Management And General$509,616ManagementAndGeneralAmt
Fundraising$241,634FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,894,920TotalAmt
Program Services$3,331,183ProgramServicesAmt
Management And General$456,074ManagementAndGeneralAmt
Fundraising$107,663FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$752,781TotalAmt
Program Services$751,031ProgramServicesAmt
Fundraising$1,750FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,182,200TotalAmt
Program Services$692,125ProgramServicesAmt
Management And General$378,783ManagementAndGeneralAmt
Fundraising$111,292FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,697,445TotalAmt
Program Services$2,697,445ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$706,711TotalAmt
Program Services$530,707ProgramServicesAmt
Management And General$101,493ManagementAndGeneralAmt
Fundraising$74,511FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,474,883TotalAmt
Program Services$2,457,481ProgramServicesAmt
Management And General$17,402ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$7,440,602TotalAmt
Program Services$5,295,742ProgramServicesAmt
Management And General$1,930,374ManagementAndGeneralAmt
Fundraising$214,486FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$471,893TotalAmt
Program Services$141,143ProgramServicesAmt
Management And General$330,750ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
EXHIBITIONS$926,083$926,083
HOSPITALITY$705,850$289,197$120,168$296,485
COLLECTION ACQUISITIONS$476,440$476,440
PRINTING AND PUBLICATIO$349,733$349,733

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,115,189TotalAmt
Program Services$1,833,773ProgramServicesAmt
Management And General$226,522ManagementAndGeneralAmt
Fundraising$54,894FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$49,635,131TotalAmt
Program Services$38,642,805ProgramServicesAmt
Management And General$7,133,292ManagementAndGeneralAmt
Fundraising$3,859,034FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$576,661BOYAmt
EOY$10,356EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$37,662,735BOYAmt
EOY$13,459,018EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,694,695BOYAmt
EOY$4,457,595EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$99,888BOYAmt
EOY$374,740EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$1,195,000BOYAmt
EOY$501,458EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$536,502BOYAmt
EOY$511,922EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$124,290BOYAmt
EOY$114,566EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$291,668,595LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$89,337,881LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$190,774,285BOYAmt
EOY$202,330,714EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$77,815,661BOYAmt
EOY$58,891,120EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$387,272,979BOYAmt
EOY$454,923,635EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,553,295BOYAmt
EOY$8,768,878EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$707,305,991BOYAmt
EOY$744,344,002EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,390,964BOYAmt
EOY$4,777,737EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$120,711BOYAmt
EOY$70,073EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$77,898,159BOYAmt
EOY$76,957,069EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,048,193BOYAmt
EOY$1,962,851EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,202,736BOYAmt
EOY$1,110,309EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$87,660,763BOYAmt
EOY$84,878,039EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$152,889,573BOYAmt
EOY$168,495,009EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$466,755,655BOYAmt
EOY$490,970,954EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$619,645,228BOYAmt
EOY$659,465,963EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$707,305,991BOYAmt
EOY$744,344,002EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$6,117,159ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$32,675,565NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$1,028,011OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$140,249,860CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$28,233,206CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$19,293,501CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,330,069CurrentTaxYearMinus1YearAmt
Current Tax Year$9,716,876CurrentTaxYearAmt
Total$206,823,512TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$140,249,860CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$28,233,206CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$19,293,501CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,330,069CurrentTaxYearMinus1YearAmt
Current Tax Year$9,716,876CurrentTaxYearAmt
Total$206,823,512TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$164,007,972SubstantialContributorsTotAmt
Public Support Total170$42,815,540PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,148,257CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,365,720CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$601,597CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,384,109CurrentTaxYearMinus1YearAmt
Current Tax Year$1,957,391CurrentTaxYearAmt
Total$13,457,074TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$607CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$193,484CurrentTaxYearMinus2YearsAmt
Current Tax Year$755,406CurrentTaxYearAmt
Total$949,497TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$89,190CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$152,752CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$149,588CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$199,550CurrentTaxYearMinus1YearAmt
Current Tax Year$280,245CurrentTaxYearAmt
Total$871,325TotalAmt
FieldValueIRS element (for citing)
Total Support$222,101,408TotalSupportAmt
Gross Receipts Rltd Activities$19,995,876GrossReceiptsRltdActivitiesAmt
Public Support CY1700.19280PublicSupportCY170Pct
Public Support PY1700.19010PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances TestPURSUANT TO TREASURY REGULATION 1.170A-9(F)(3), THE ORGANIZATION SHOULD BE CONSIDERED A PUBLICLY SUPPORTED ORGANIZATION BECAUSE IT MEETS THE FACTS AND CIRCUMSTANCES TEST AS OUTLINED BELOW.TEN-PERCENT-OF-SUPPORT REQUIREMENT. PEABODY ESSEX MUSEUM (SOMETIMES REFERRED TO AS "PEM") SATISFIES THIS REQUIREMENT BECAUSE THE PERCENTAGE OF SUPPORT RECEIVED FROM GOVERNMENTAL UNITS, FROM CONTRIBUTIONS MADE DIRECTLY OR INDIRECTLY BY THE GENERAL PUBLIC, OR FROM A COMBINATION OF THESE SOURCES EXCEEDS 10% OF TOTAL SUPPORT. ATTRACTION OF PUBLIC SUPPORT REQUIREMENT. THE PEABODY ESSEX MUSEUM IS AND HAS ALWAYS BEEN ORGANIZED AND OPERATED IN A MANNER TO ATTRACT NEW AND BROAD-BASED PUBLIC AND GOVERNMENTAL SUPPORT ON A CONTINUOUS BASIS. A STAFF OF SEVENTEEN DEVELOPMENT PROFESSIONALS IS RESPONSIBLE FOR CONDUCTING EXTENSIVE AND VARIED FORMS OF FUNDRAISING DESIGNED TO ATTRACT SUPPORT FROM THE GENERAL PUBLIC, GOVERNMENTAL ENTITIES, CORPORATIONS AND FOUNDATIONS. THE ACTIVITIES CONDUCTED INCLUDE SOLICITATIONS COMMUNICATED THROUGH VARIOUS MEANS - EMAIL, MAIL, PHONE AND IN-PERSON. FUNDRAISING EVENTS ARE CONDUCTED TO GENERATE ANNUAL SUPPORT AS WELL AS TO FOSTER RELATIONSHIPS THAT LEAD TO FUTURE GIVING. THE INSTITUTIONAL GIVING STAFF IS RESPONSIBLE FOR SEEKING SUPPORT FOR THE MUSEUM'S MAJOR PROGRAMMATIC EFFORTS BY PRODUCING GRANT PROPOSALS DIRECTED TO BOTH GOVERNMENTAL AND NON-GOVERNMENTAL ENTITIES. ACROSS ALL OF THESE FUNDRAISING AREAS, MORE THAN 71,000 PROSPECTS AND EXISTING DONORS WERE SOLICITED FOR SUPPORT DURING 2019, RESULTING IN 10,619 GIFTS COMING FROM 10,016 DIFFERENT DONORS. OTHER PUBLIC SUPPORT FACTORS 1. PERCENTAGE OF FINANCIAL SUPPORT FACTOR. THE MUSEUM'S PUBLIC SUPPORT PERCENTAGE FOR 2019 IS 19.28%, WHICH IS WELL ABOVE THE 10% TEST THRESHOLD. AS THE MUSEUM IS CURRENTLY IN THE MIDST OF A MAJOR CAPITAL CAMPAIGN, INDIVIDUAL SOLICITATIONS AND GIFTS TEND TO BE LARGER THAN WOULD BE EXPECTED DURING A NON-CAMPAIGN PERIOD WITH THE RESULTING IMPACT OF LOWERING THE PUBLIC SUPPORT PERCENTAGE. 2. SOURCES OF SUPPORT FACTOR. THE COLLECTIONS OF THE PEABODY ESSEX MUSEUM HAVE BEEN PUBLICLY ACCESSIBLE FOR 220 YEARS, WHICH RANKS IT AMONG THE FIRST AMERICAN MUSEUMS TO HAVE SUCH A PUBLIC MANDATE. THE PEABODY ESSEX MUSEUM TRACES ITS ORIGINS TO 1799 WHEN A GROUP OF SALEM-BASED, INTERNATIONAL, SEA-GOING BUSINESS LEADERS WERE AMONG THE FIRST AMERICANS TO DEVELOP TRADING RELATIONSHIPS WITH COUNTRIES IN ASIA, AFRICA, OCEANIA AND BEYOND. THESE EARLY AMERICAN ENTREPRENEURS BROUGHT BACK MAGNIFICENT ART AND ARTIFACTS FROM THE CULTURES THEY ENCOUNTERED AND WERE EAGER TO SHARE WHAT THEY HAD DISCOVERED WITH THE LARGER PUBLIC. ALTHOUGH MORE THAN 200 YEARS HAVE PASSED, THE MUSEUM'S COMMITMENT TO SERVING THE INTERESTS OF THE GENERAL PUBLIC IS AS STRONG AS EVER. THE MUSEUM'S COLLECTIONS ARE AMONG THE FINEST OF THEIR KIND AND ENCOMPASS AN UNRIVALED SPECTRUM OF CULTURES AND GENRES, INCLUDING AMERICAN ART AND ARCHITECTURE, AMERICAN DECORATIVE ART, MARITIME ART, NATIVE AMERICAN ART, ASIAN ART AND ARCHITECTURE, ASIAN EXPORT ART, AFRICAN ART, OCEANIC ART, PHOTOGRAPHY, CONTEMPORARY ART, AMERICAN ART, AND FASHION AND DESIGN. IN ADDITION, THE MUSEUM OPERATES THE PHILLIPS LIBRARY, ONE OF THE NATION'S MOST IMPORTANT MUSEUM-BASED COLLECTIONS OF RARE BOOKS AND MANUSCRIPTS. THE BREADTH OF THE MUSEUM'S COLLECTIONS AND OFFERINGS IS UNQUESTIONABLY VARIED, SO THAT IT IS CAPABLE OF APPEALING TO A WIDE VARIETY OF INTERESTS, WHICH IN TURN HELPS TO BUILD ATTENDANCE, COMMUNITY PARTICIPATION, COMMITMENT, AND PHILANTHROPIC SUPPORT. IN RECENT YEARS, THE MUSEUM HAS CONTINUED TO EXPAND ITS FIELDS OF INTEREST; FOR EXAMPLE, AMERICAN ART WAS ADDED AS A NEW CURATORIAL DEPARTMENT IN 2013, AND FASHION AND DESIGN WAS ADDED AS A NEW CURATORIAL DEPARTMENT IN 2018. THESE NEW DEPARTMENTS IN PARTICULAR ARE AVENUES FOR ENGAGING YOUNGER PEOPLE, THEREBY HELPING TO DEVELOP THE NEXT GENERATION OF INSTITUTIONAL LEADERS AND SUPPORTERS. BY EXPANDING THE PROGRAMMATIC SCOPE, THE MUSEUM HAS DEMONSTRATED ITS COMMITMENT TO PROVIDING OPPORTUNITIES FOR CONNECTING WITH A LARGER NUMBER OF PEOPLE, RATHER THAN LIMITING ITS APPEAL TO A FEW. AS NOTED PREVIOUSLY, THE MUSEUM RECEIVED SUPPORT FROM APPROXIMATELY 10,016 DIFFERENT DONORS DURING 2019. 3. REPRESENTATIVE GOVERNING BODY FACTOR. DURING 2019, 26 INDIVIDUALS SERVED ON PEM'S BOARD OF TRUSTEES. ALL OF THE TRUSTEES ARE INDEPENDENT VOTING MEMBERS AND REPRESENT A BROAD CROSS-SECTION OF VIEWS AND INTERESTS. THEY ARE A DIVERSE GROUP WHO REPRESENT A VARIETY OF CULTURAL AND OCCUPATIONAL BACKGROUNDS. AMONG THE MUSEUM'S TRUSTEES ARE REPRESENTATIVES OF INDIAN, EUROPEAN AND NATIVE AMERICAN COMMUNITIES AND LEADERS IN THE EDUCATIONAL, FINANCIAL, AND REAL ESTATE SECTORS. VARIOUS AREAS OF TECHNICAL EXPERTISE ARE ALSO REPRESENTED BY NUMEROUS BOARD MEMBERS, INCLUDING SPECIALIZED KNOWLEDGE OF BUSINESS, JOURNALISM, LAW, INVESTING, LAND PROTECTION, AND PRESERVATION. PEM'S TRUSTEES ALSO BOAST A VARIETY OF INTERESTS THAT INCLUDE ART COLLECTION, CONSERVATION, WOMEN'S RIGHTS, CHILDREN'S EDUCATION AND YOUTH SERVICES, ARCHAEOLOGY, HEALTHCARE, AND TECHNOLOGY.4. AVAILABILITY OF PUBLIC FACILITIES OR SERVICES FACTOR. DURING 2019, THE PEABODY ESSEX MUSEUM REPORTED MORE THAN 223,646 ON-SITE VISITORS, COMING FROM BOTH THE LOCAL COMMUNITY AND FROM AROUND THE WORLD. THE MAIN MUSEUM GALLERIES ARE OPEN TO THE PUBLIC SIX DAYS PER WEEK, WHICH REPRESENTS ALMOST 2,200 HOURS ANNUALLY DURING WHICH THE PUBLIC HAS ACCESS TO THE VARIOUS COLLECTIONS AND PROGRAMS THAT ARE OFFERED. TO ENCOURAGE ENGAGEMENT WITH THE LOCAL COMMUNITY AND WITH STUDENTS, ADMISSION IS FREE FOR RESIDENTS OF SALEM, MASSACHUSETTS AND FOR YOUTH UNDER THE AGE OF SEVENTEEN. THE MUSEUM'S CAMPUS ALSO INCLUDES NUMEROUS PARKS AND GARDENS, AND 24 HISTORIC PROPERTIES, INCLUDING YIN YU TANG, THE ONLY EXAMPLE OF CHINESE DOMESTIC ARCHITECTURE ON DISPLAY IN THE UNITED STATES. PEM'S PHILLIPS LIBRARY, WHICH IS ONE OF THE OLDEST AND LARGEST RESEARCH LIBRARIES IN NEW ENGLAND, IS ALSO AVAILABLE TO THE GENERAL PUBLIC, SCHOLARS AND RESEARCHERS. ACROSS THE CAMPUS, THERE IS 138,000 SQUARE FEET OF PUBLIC EXHIBITION SPACE FOR USE IN DISPLAYING AND INTERPRETING THE MUSEUM'S VAST COLLECTIONS AND FOR PRESENTING CHANGING EXHIBITIONS, OF WHICH THERE WERE EIGHT OPENED DURING 2019. ANNUALLY, THE MUSEUM'S DEPARTMENT OF EDUCATION AND INTERPRETATION CONDUCTS HUNDREDS OF PROGRAMS DESIGNED TO ADVANCE ARTS LEARNING AND APPRECIATION. ALTHOUGH THESE PROGRAMS ARE DELIVERED IN MANY SPACES THROUGHOUT THE CAMPUS, THE MUSEUM HAS DEDICATED 13,000 SQUARE FEET SPECIFICALLY FOR THESE PURPOSES. THE WIDE ARRAY OF PROGRAMS OFFERED IS DESIGNED TO ATTRACT AND ENGAGE VISITORS OF ALL AGES WITH DIVERSE BACKGROUNDS, KNOWLEDGE, INTERESTS, PREFERENCES AND NEEDS. IN AN EFFORT TO ENSURE THAT A BROAD AUDIENCE IS SERVED, THE MUSEUM FOCUSES ON SEVERAL BROAD AUDIENCE CATEGORIES: K-12 STUDENTS, TEACHERS, FAMILIES AND ADULTS FROM COLLEGE AGE THROUGH SENIOR CITIZENS.FactsAndCircumstancesTestTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$426,409,908BeginningYearBalanceAmt
Contributions$292,227ContributionsAmt
Investment Earnings Or Losses$66,060,758InvestmentEarningsOrLossesAmt
Other Expenditures$22,118,298OtherExpendituresAmt
End Year Balance$470,644,595EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$465,297,780BeginningYearBalanceAmt
Contributions$823,591ContributionsAmt
Investment Earnings Or Losses-$20,692,729InvestmentEarningsOrLossesAmt
Other Expenditures$19,018,734OtherExpendituresAmt
End Year Balance$426,409,908EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$426,825,014BeginningYearBalanceAmt
Contributions$1,086,325ContributionsAmt
Investment Earnings Or Losses$54,696,203InvestmentEarningsOrLossesAmt
Other Expenditures$17,309,762OtherExpendituresAmt
End Year Balance$465,297,780EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$405,822,119BeginningYearBalanceAmt
Contributions$2,242,231ContributionsAmt
Investment Earnings Or Losses$34,187,978InvestmentEarningsOrLossesAmt
Other Expenditures$15,427,314OtherExpendituresAmt
End Year Balance$426,825,014EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$326,016,290BeginningYearBalanceAmt
Contributions$93,189,199ContributionsAmt
Investment Earnings Or Losses$663,588InvestmentEarningsOrLossesAmt
Other Expenditures$14,046,958OtherExpendituresAmt
End Year Balance$405,822,119EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.02620BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.68070PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.29310TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,581,766OtherCostOrOtherBasisAmt
Book Value$4,581,766BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$261,514,354OtherCostOrOtherBasisAmt
Depreciation$74,079,180DepreciationAmt
Book Value$187,435,174BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$228,638OtherCostOrOtherBasisAmt
Depreciation$228,638DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$16,580,743OtherCostOrOtherBasisAmt
Depreciation$13,340,689DepreciationAmt
Book Value$3,240,054BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,763,094OtherCostOrOtherBasisAmt
Depreciation$1,689,374DepreciationAmt
Book Value$7,073,720BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$202,330,714TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (6 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
DOMESTIC EQUITIES & FUNDS$87,602,919F
INTERNATIONAL EQUITIES & FUNDS$81,274,168F
FIXED INCOME & FUNDS$54,894,829F
ABSOLUTE RETURN HEDGE FUNDS$110,576,664F
REAL ESTATE LIMITED PARTERSHIPS$9,996,751F
PRIVATE EQUITY$110,578,304F
FieldValueIRS element (for citing)
Total Book Value Securities$454,923,635TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
OBLIGATION UNDER SPLIT-INTEREST AGREEMENTS$940,186
OBLIGATION UNDER LEASE$127,604
ENVIRONMENTAL REMEDIATION LIABILITY$42,519
FieldValueIRS element (for citing)
Total Liability$1,110,309TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$85,302,898TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$32,675,565NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$134,284DonatedServicesAndUseFcltsAmt
Other Revenue$2,061,112OtherRevenueAmt
Revenue Not Reported$34,870,961RevenueNotReportedAmt
Revenue Subtotal$50,431,937RevenueSubtotalAmt
Investment Expenses Not Incld$5,320,353InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$5,320,353RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$55,752,290TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$45,482,163TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$134,284DonatedServicesUseFcltsAmt
Other Expenses Included$1,033,101OtherExpensesIncludedAmt
Expenses Not Reported$1,167,385ExpensesNotReportedAmt
Expenses Subtotal$44,314,778ExpensesSubtotalAmt
Investment Expenses Not Incld2$5,320,353InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$5,320,353ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$49,635,131TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:THE COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE MUSEUM'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES. COLLECTION ITEMS PURCHASED ARE FUNDED BY PURPOSE-RESTRICTED GIFTS OR FROM NET APPRECIATION ON ACQUISITION ENDOWMENTS.
PART III, LINE 4:THE PEABODY ESSEX MUSEUM (THE MUSEUM) PRESENTS ART AND CULTURE FROM NEW ENGLAND AND AROUND THE WORLD. THE MUSEUM'S COLLECTIONS ARE AMONG THE FINEST OF THEIR KIND, SHOWCASING AN UNRIVALED SPECTRUM OF AMERICAN ART AND ARCHITECTURE (INCLUDING FOUR NATIONAL HISTORIC LANDMARK BUILDINGS) AND OUTSTANDING ASIAN, ASIAN EXPORT, NATIVE AMERICAN, AFRICAN, OCEANIC, MARITIME, CONTEMPORARY AND PHOTOGRAPHY COLLECTIONS. IN ADDITION TO ITS VAST COLLECTIONS, THE MUSEUM OFFERS A VIBRANT SCHEDULE OF CHANGING EXHIBITIONS AND A HANDS-ON EDUCATION CENTER. THE MUSEUM CAMPUS FEATURES PARKS, PERIOD GARDENS, AND 24 HISTORIC PROPERTIES, INCLUDING YIN YU TANG, A 200-YEAR-OLD HOUSE THAT IS THE ONLY COMPLETE EXAMPLE OF CHINESE DOMESTIC ARCHITECTURE ON DISPLAY IN THE UNITED STATES.
PART V, LINE 4:TO PROVIDE BOTH GENERAL AND SPECIFIC SUPPORT FOR MUSEUM OPERATIONS.
PART X, LINE 2:THE MUSEUM ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE MUSEUM HAS IDENTIFIED ITS STATUS AS A PUBLICLY SUPPORTED TAX EXEMPT ENTITY AND ITS CLASSIFICATION OF REVENUES AS RELATED OR UNRELATED AS ITS ONLY SIGNIFICANT POSITIONS AND HAS DETERMINED THAT SUCH POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE MUSEUM'S FEDERAL AND STATE INCOME TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THE THREE YEARS AFTER THE DATE OF FILING OF THE RELATED RETURN.
PART XI, LINE 2D - OTHER ADJUSTMENTS:BUILDING RENTAL EXPENSES 18,654. SPECIAL EVENT EXPENSES 404,280. CHANGE IN VALUE OF FUNDS HELD BY OTHERS 1,028,011. COST OF GOODS SOLD 610,167.
PART XII, LINE 2D - OTHER ADJUSTMENTS:BUILDING RENTAL EXPENSES 18,654. SPECIAL EVENT EXPENSES 404,280. COST OF GOODS SOLD 610,167.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN00INVESTMENTS$147,249,881
EUROPE (INCLUDING ICELAND & GREENLAND)00INVESTMENTS$2,277,366
NORTH AMERICA00INVESTMENTS$2,715,362
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$152,242,609SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$152,242,609TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III ACCOUNTING METHOD:FormAndLineReferenceDesc

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL GALAEvent1Nm
Gross Receipts Event1$901,225GrossReceiptsEvent1Amt
Charitable Contri Event1$620,980CharitableContriEvent1Amt
Gross Revenue Event1$280,245GrossRevenueEvent1Amt
Non Cash Prizes Event1$56,500NonCashPrizesEvent1Amt
Rent Facility Costs Event1$66,840RentFacilityCostsEvent1Amt
Food And Beverage Event1$124,236FoodAndBeverageEvent1Amt
Entertainment Event1$56,884EntertainmentEvent1Amt
Other Direct Expenses Event1$99,820OtherDirectExpensesEvent1Amt
Gross Receipts Total$901,225GrossReceiptsTotalAmt
Charitable Contributions Tot$620,980CharitableContributionsTotAmt
Gross Revenue Total Events$280,245GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$56,500NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$66,840RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$124,236FoodAndBeverageTotalEventsAmt
Entertainment Total Events$56,884EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$99,820OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$404,280DirectExpenseSummaryEventsAmt
Net Income Summary-$124,035NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract ExceptionYes (1)InitialContractExceptionInd
Rebuttable Presumption ProcYes (1)RebuttablePresumptionProcInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BRIAN KENNEDY
EXECUTIVE DIRECTOR (FROM 7/2019)$327,337$0$0$0$112,300$0$0$0$15,707$0$455,344$0$0$0
DAN MONROE
EXECUTIVE DIRECTOR (UNTIL 7/2019)$835,902$0$0$0$47,247$0$65,200$0$19,472$0$967,821$0$0$0
LYNDA ROSCOE HARTIGAN
DEPUTY DIRECTOR$388,543$0$0$0$0$0$37,800$0$21,626$0$447,969$0$0$0
NATHALIE G APCHIN
CFO$276,704$0$0$0$0$0$16,800$0$30,511$0$324,015$0$0$0
AMANDA CLARK MACMULLAN
CHIEF PHILANTHROPY OFFICER$382,930$0$0$0$0$0$16,800$0$19,627$0$419,357$0$0$0
HOWARD J FINNEY
CHIEF MARKETING OFFICER$128,763$0$0$0$169,116$0$10,773$0$12,208$0$320,860$0$0$0
ROBERT MONK
DIRECTOR OF FACILITIES & SECURITY$206,514$0$0$0$0$0$28,842$0$19,269$0$254,625$0$0$0
REBECCA A EHRHARDT
DIRECTOR OF INDIVIDUAL GIVING$181,425$0$0$0$0$0$11,714$0$30,136$0$223,275$0$0$0
KATHERINE H FREDRICKSON
CHIEF OF CURATORIAL AFFAIRS$166,716$0$0$0$0$0$10,820$0$31,216$0$208,752$0$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AFIRST CLASS TRAVEL IS NOT AUTHORIZED, WITH NOTED EXCEPTIONS THAT INCLUDE CERTAIN ROUTES AND AIR TRAVEL WHEN BUSINESS CLASS WOULD HAVE BEEN THE CHOICE BUT THE AIRLINE ONLY OFFERED ECONOMY AND FIRST CLASS. EXECUTIVE DIRECTOR TRAVEL IS REVIEWED BY AN OFFICER OF THE BOARD, AND SOMETIMES INCLUDES SPOUSAL TRAVEL FOR THE EXECUTIVE DIRECTOR'S WIFE. ALL AMOUNTS FOR SPOUSAL TRAVEL ARE REFLECTED AS TAXABLE COMPENSATION TO THE EXECUTIVE DIRECTOR. A TAX GROSS-UP PAYMENT (ALSO INCLUDED IN TAXABLE COMPENSATION) IS MADE AT THE END OF THE YEAR. HOUSING ALLOWANCE: THE BOARD OF TRUSTEES AGREED ON AN EMPLOYMENT CONTRACT TO PAY THE NEW EXECUTIVE DIRECTOR AND CEO ADDITIONAL COMPENSATION FOR DIRECT MOVING EXPENSES AND TEMPORARY RENT UNTIL THE DIRECTOR PURCHASED A HOME, WHICH OCCURRED IN NOVEMBER 2019.
PART I, LINE 4AHOWARD FINNEY RECEIVED SEVERANCE PAYMENTS IN THE AMOUNT OF $163,020 IN 2019.
PART I, LINE 8THE CONTRACT ENTERED INTO WITH THE NEW EXECUTIVE DIRECTOR AND CEO CONSTITUTES A CONTRACT SUBJECT TO THE INITIAL CONTRACT EXCEPTION DESCRIBED IN REG. SEC. 53.4958-4(A)(3). THE ORGANIZATION FOLLOWED THE REBUTTABLE PRESUMPTION PROCEDURE UNDER REG. SEC. 53.4958-6(C): THE BOARD OF TRUSTEES REVIEWED AND AUTHORIZED THE CONTRACT, THERE WERE NO CONFLICTS OF INTEREST IN THE CONTRACT NEGOTIATIONS, AND THERE WAS BENCHMARK DATA SUPPORTING THAT THE COMPENSATION ARRANGEMENT IN ITS ENTIRETY IS REASONABLE.
SCHEDULE J, PART II:ON JULY 15TH, 2019, DAN MONROE STEPPED DOWN AS EXECUTIVE DIRECTOR AND CEO OF THE PEABODY ESSEX MUSEUM AFTER HAVING SERVED WITH DISTINCTION IN HIS ROLE FOR OVER 26 YEARS. PER AN AGREEMENT RATIFIED BY THE BOARD OF TRUSTEES, MR MONROE REMAINED EMPLOYED THROUGH DECEMBER 2019. THE BOARD OF TRUSTEES ALSO CONTRACTED WITH MR MONROE AS AN INDEPENDENT CONSULTANT REPORTING TO THE BOARD FOR A PERIOD OF TWO ADDITIONAL YEARS.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
A0434318142012-11-08$29,160,000REFUND 2002 ISSUE000
MASSACHUSETTS DEVELOPMENT FINANCE AGENCY
B0434318142016-04-27$55,000,000FINANCE EXPANSION CONSTRUCTION000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndCapitalized InterestCapitalizedInterestAmtCapital ExpendituresCapitalExpendituresAmt
A$29,160,000$190,379$28,969,6212003Yes (1)0Yes (1)Yes (1)
B$55,000,000$361,500201800Yes (1)Yes (1)$4,780,417$49,858,083

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceBBondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease Arrangements0AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop0MgmtContractBondFincdPropInd
Any Research Agreements0AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond RemdtdYes (1)ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A00Yes (1)0000Yes (1)
B0Yes (1)00000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonBRIAN KENNEDYPersonNm
Relationship With OrgEXECUTIVE DIRECTOR OF THE ORGANIZATIONRelationshipWithOrgTxt
Loan PurposeMORTGAGE LOANLoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$500,000OriginalPrincipalAmt
Balance Due$501,458BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written AgreementYes (1)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$501,458TotalBalanceDueAmt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution19ContributionCnt
Method Of Determining RevenuesCOLL. OBJ. NOT VALUEDMethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Method Of Determining RevenuesCOLL. OBJ. NOT VALUEDMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution24ContributionCnt
Noncash Contributions Rpt F990$884,867NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG. HIGH/LOW ON VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received18Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE NUMBER SHOWN IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 4A, DESCRIPTION OF PROGRAM SERVICE:EXHIBITIONS AND PUBLICATIONS: THE MUSEUM REALIZED AN AMBITIOUS, BALANCED AND DIVERSIFIED CHANGING EXHIBITION PROGRAM IN 2019 FEATURING FOUR LARGE SCALE EXHIBITIONS AND SIX SMALL TO MID-SIZED EXHIBITIONS. A NUMBER OF NEW COLLECTIONS BASED INSTALLATIONS ALSO DEBUTED IN SEPTEMBER 2019 IN CONJUNCTION WITH THE OPENING OF THE MUSEUM'S NEW 40,000 SQUARE BUILDING DESIGNED BY ENNEAD ARCHITECTS. THE OPENING OF THE NEW BUILDING, COUPLED WITH THE MUSEUM'S WIDE RANGE OF CHANGING EXHIBITION OFFERINGS WAS INSTRUMENTAL IN DRAWING 223,646 VISITORS TO THE MUSEUM IN 2019. MORE THAN 13% OF GENERAL ADMISSION VISITORS (29,278) ALSO VISITED YIN YU TANG, THE ONLY COMPLETE QING DYNASTY HOUSE OUTSIDE OF CHINA AND A MODEL IN INTERNATIONAL HISTORIC PRESERVATION. EXHIBITIONS NEW AT PEM IN 2019 NATURE'S NATION: AMERICAN ART AND THE ENVIRONMENT (ON VIEW: FEBRUARY 2, 2019-MAY 15, 2019) ORGANIZED BY THE PRINCETON UNIVERSITY MUSEUM OF ART, THIS LARGE-SCALE EXHIBITION INCLUDED OVER 100 WORKS TRACING ENVIRONMENTAL AWARENESS OVER THE LAST THREE CENTURIES, ASKING VISITORS TO RECONSIDER THE RELATIONSHIPS BETWEEN ART, THE ENVIRONMENT AND OURSELVES. A PASSION FOR AMERICAN ART: SELECTIONS FROM THE CAROLYN AND PETER LYNCH COLLECTION (ON VIEW: MAY 11, 2019 TO DECEMBER 1, 2019) ORGANIZED BY THE PEABODY ESSEX MUSEUM, THIS SHOW FEATURED MASTERWORKS FROM THE LYNCHS' COLLECTION HIGHLIGHTING THE COUPLE'S PASSIONS FOR AMERICA IN THE 18TH AND 19TH CENTURY AMERICAN FINE ART, AMERICAN COUNTRY ARTS, AND 20TH CENTURY DESIGN. A LAVISH CATALOGUE, PUBLISHED BY PEM AND DISTRIBUTED BY THE UNIVERSITY OF MASSACHUSETTS PRESS, ACCOMPANIED THE EXHIBITION. A LASTING MEMENTO: JOHN THOMSON'S PHOTOGRAPHS ALONG THE RIVER MIN (ON VIEW: JUNE 1, 2019 TO SEPTEMBER 18, 2020). ORGANIZED BY THE PEABODY ESSEX MUSEUM, THIS COLLECTION-BASED EXHIBITION PROVIDES A LENS ON 19TH-CENTURY CHINA. IT FEATURES ONE OF PEM'S PHOTOGRAPHIC TREASURES, JOHN THOMSON'S ALBUM FOOCHOW AND THE RIVER MIN THROUGH 80 STRIKING LANDSCAPES, CITY VIEWS AND PORTRAIT STUDIES CAPTURED BY THOMPSON DURING HIS TRAVELS THROUGH SOUTHEASTERN FUJIAN PROVINCE. PHOTOGRAPHS BY CONTEMPORARY ARTIST LUO DAN, WHO WAS INSPIRED BY THOMSON TO UNDERTAKE A SIMILAR JOURNEY IN SOUTHWESTERN CHINA, COMPLEMENT THE PRESENTATION. KIMSOOJA: ARCHIVE OF THE MIND (ON VIEW: JUNE 22, 2019 TO JANUARY 20, 2020) PROVIDING A PARTICIPATORY EXPERIENCE FOR VISITORS TO SIT AT A VERY LARGE TABLE, ARCHIVE OF THE MIND INVITED VISITORS TO SINK INTO THE MEDITATIVE EXPERIENCE OF FORMING A BALL OF CLAY WITH THEIR OWN HANDS. OVER THE COURSE OF THE EXHIBITION, THOUSANDS OF CLAY SPHERES WERE GENERATED THROUGH SMALL, INDIVIDUAL GESTURES REVEALING TRACES OF THEIR MAKERS AND CUMULATIVELY GENERATING A COMPLEX ARRAY OF TEXTURE, SCALE, AND TONE. ORDER OF IMAGINATION: THE PHOTOGRAPHS OF OLIVIA PARKER (ON VIEW: JULY 13, 2019 TO NOVEMBER 11, 2019) ORGANIZED BY THE PEABODY ESSEX MUSEUM, THIS WAS THE FIRST EXHIBITION TO PRESENT A COMPREHENSIVE OVERVIEW OF PARKER'S EXTENSIVE CAREER FEATURING OVER 100 PHOTOGRAPHS AND OBJECTS FROM HER PERSONAL COLLECTION, PRESENTED IN AN IMMERSIVE ENVIRONMENT INSPIRED BY HER EXPERIMENTS WITH LIGHT, SHADOW AND COLOR. A 224 PAGE PUBLICATION PUBLISHED BY PEM ACCOMPANIED THIS EXHIBITION. HANS HOFMANN: THE NATURE OF ABSTRACTION (ON VIEW: SEPTEMBER 21, 2019 TO JANUARY 6, 2020) ORGANIZED BY BERKELEY ART MUSEUM AND PACIFIC FILM ARCHIVES AND TRAVELING ONLY TO PEM, THE NATURE OF ABSTRACTION FEATURED THE MOST COMPREHENSIVE EXAMINATION TO DATE OF HANS HOFMANN'S INNOVATIVE AND PROLIFIC ARTISTIC PRACTICE. PRESENTING WORKS FROM PUBLIC AND PRIVATE COLLECTIONS ACROSS NORTH AMERICA AND EUROPE, THE EXHIBITION INCLUDED APPROXIMATELY EIGHTY PAINTINGS AND WORKS ON PAPER FROM 1930 THROUGH THE END OF HOFMANN'S LIFE IN 1966. WHERE THE QUESTIONS LIVE (ON VIEW: SEPTEMBER 22, 2019 TO FALL 2021) BASED ON A YEARLONG, CURIOSITY-DRIVEN ENGAGEMENT WITH VISITING ARTIST WES SAM-BRUCE, THIS EXHIBITION, FEATURED IN THE MUSEUM'S ART AND NATURE CENTER, EXPLORES THE CONNECTEDNESS OF ONE THING TO EVERYTHING ELSE IN THIS SITE-SPECIFIC, MULTI-SENSORY INSTALLATION. ACTING AS A AS A WORLD WITHIN A WORLD, THE INSTALLATION IS FILLED WITH POETRY, FICTIONAL SPACES, SOUNDSCAPES AND FOUND OBJECTS. OVER THE COURSE OF THE EXHIBITION, THE PUBLIC HAS BEEN INVITED TO ACTIVELY ENGAGE THROUGH THE ARTIST'S WEBSITE: WHERETHEQUESTIONSLIVE.COM CHARLES SANDISON: FIGUREHEAD 2.0 (ON VIEW: SEPTEMBER 28, 2019 JANUARY 1, 2020) THIS DIGITAL PROJECTION INSTALLATION LIES SQUARELY AT THE INTERSECTION OF VISUAL ART AND COMPUTER PROGRAMMING. SCANNING HANDWRITING FROM THE MUSEUM'S VAST COLLECTION OF SHIPS' LOGS AND SAILORS' JOURNALS CHARLES SANDISON USED ALGORITHMS BASED ON PATTERNS OBSERVED IN NATURE TO CREATE AN IMMERSIVE AND DYNAMIC VISUAL EXPERIENCE IN THE MUSEUM'S HISTORIC, EAST INDIA MARINE HALL. YOAN CAPOTE: IMMANENCE (2015) (ON VIEW: SEPTEMBER 28, 2019-MARCH 12, 2020) THIS MONUMENTAL SCULPTURE BY CUBAN ARTIST YOAN CAPOTE DEPICTS DICTATOR FIDEL CASTRO AS A STATEMENT THAT REINFORCES THE POWER OF COLLECTIVE ACTION AND THE TENSION BETWEEN POWER AND THE PEOPLE THROUGH ITS ARRANGEMENT OF DOORS KEYS ACQUIRED BY THE ARTIST FROM CUBAN RESIDENTS . THE CREATIVE LEGACY OF NATHANIEL HAWTHORNE: SELECTIONS FROM THE PHILLIPS LIBRARY COLLECTION (ON VIEW: SEPTEMBER 28, 2019 - MARCH 12, 2020). THIS COLLECTION-BASED INSTALLATION FEATURED THE RECENT ACQUISITION OF A GOLDEN THREAD, A CONTEMPORARY REINTERPRETATION OF HAWTHORNE'S SHORT STORY "THE MINOTAUR" TO EXPLORE THE VISUAL AND VERBAL LINKS BETWEEN PAST AND PRESENT, AS ARTISTS HAVE DRAWN ON ONE ANOTHER'S WORK THROUGHOUT TIME. PEM TRAVELING SHOWS SALLY MANN: A THOUSAND CROSSINGS: THE ARTIST'S FIRST MAJOR TRAVELING EXHIBITION, SALLY MANN: A THOUSAND CROSSINGS EXPLORED THEMES OF FAMILY, MEMORY, MORTALITY, AND HOME AS WELL AS THE SOUTHERN LANDSCAPE AS A REPOSITORY OF PERSONAL AND COLLECTIVE MEMORY. PRESENTED AT PEM JUNE 30 - SEPTEMBER 23, 2018; AT THE J. PAUL GETTY MUSEUM NOVEMBER 16, 2018 - FEBRUARY 10, 2019; AT THE MUSEUM OF FINE ARTS HOUSTON MARCH 3 - MAY 27, 2019; AT THE JEU DE PAUME, PARIS JUNE 17 - SEPTEMBER 22, 2019; AT THE HIGH MUSEUM OCTOBER 19, 2019 - FEBRUARY 2, 2020) EMPRESSES OF CHINA'S FORBIDDEN CITY: CO-ORGANIZED WITH THE SMITHSONIAN'S FREER|SACKLER GALLERY AND THE PALACE MUSEUM, BEIJING, THIS WAS FIRST EXHIBITION TO EXPLORE THE ROLE OF EMPRESSES IN SHAPING CHINA'S LAST DYNASTY- THE QING DYNASTY FROM 1644 TO 1912. PRESENTED AT PEM FROM AUGUST 18, 2018 - FEBRUARY 10, 2019, THE EXHIBITION WAS PRESENTED AT THE FREER|SACKLER FROM MARCH 30, 2019 - JUNE 23, 2019. NEW GALLERY INSTALLATIONS OPENING IN 2019 MARITIME ART (SEPTEMBER 26, 2019- ONGOING) THIS NEW COLLECTION-BASED INSTALLATION SHOWCASES THE MUSEUM'S EXPANSIVE MARITIME ART COLLECTION IN ROUGHLY 4,300 SQUARE FEET ON LEVEL ONE OF THE NEW BUILDING. ASIAN EXPORT ART (SEPTEMBER 26, 2019 - ONGOING) THIS NEW COLLECTION-BASED INSTALLATION RESIDES IN ROUGHLY 4,300 SQUARE FEET ON LEVEL TWO OF THE NEW BUILDING AND FEATURES NUMEROUS WORKS FROM THE MUSEUM'S PREEMINENT ASIAN EXPORT ART COLLECTION. FASHION AND DESIGN (SEPTEMBER 26, 2019 - ONGOING) ENCOMPASSING ROUGHLY 5,700 SQUARE FEET ON THE THIRD FLOOR OF THE NEW BUILDING, THIS INSTALLATION IS DEDICATED TO THEMATIC EXPLORATIONS OF FASHION AND DESIGN DRAWN FROM ALMOST ALL AREAS OF THE MUSEUM'S COLLECTION. POWERFUL FIGURES (OPENED SEPTEMBER 26, 2019 - ONGOING) THIS INTIMATE COLLECTION-BASED INSTALLATION FEATURES 8 OBJECTS FROM DISPARATE CULTURES AROUND THE WORLD AND ACROSS TIME THAT EMBODY MULTIPLE FACETS OF POWER. VANESSA PLATACIS: TAKING PLACE (SEPTEMBER 26, 2019 - ONGOING) TAKING PLACE IS A STENCIL-BASED WALL PAINTING INSTALLATION BY SAVANNAH-BASED ARTIST VANESSA PLATACIS, WHICH BOLDLY REIMAGINES DIVERSE OBJECTS FROM PEM'S COLLECTION. ART IN PUBLIC SPACES IN CONJUNCTION WITH THE OPENING OF THE NEW BUILDING IN SEPTEMBER 2019, THE MUSEUM'S ART IN PUBLIC SPACES INITIATIVE PLACED HISTORIC AND CONTEMPORARY WORKS OF ART FROM PEM'S COLLECTION IN PUBLIC ZONES THROUGHOUT THE MUSEUM. FOR EXAMPLE, NOW COMMANDING A POWERFUL PERCH IN THE NEW WING IS THE MUSEUM'S SCULPTURE OF THE HAWAIIAN GOD KU, ONE OF ONLY THREE SUCH WORKS OF ITS TYPE IN EXISTENCE. CONTINUING AT PEM JAPANOMIA! JAPANESE ART GOES GLOBAL (APRIL 1, 2018 - ONGOING) THIS COLLECTION-BASED INSTALLATION TAKES VISITORS ON A JOURNEY THROUGH TIME FROM THE ARRIVAL OF PORTUGUESE MERCHANTS IN THE 1500S THROUGH JAPAN'S EMERGENCE ON THE WORLD STAGE IN THE LATE 19TH CENTURY AND BEYOND. DOUBLE HAPPINESS: CELEBRATION IN CHINESE ART (APRIL 5, 2014 - ONGOING) HIGHLIGHTS FROM THE MUSEUM'S WIDE-RANGING CHINESE COLLECTION CELEBRATE CHINA'S ARTISTIC ACHIEVEMENTS EXPRESSED IN SEASONAL FESTIVALS, RELIGIOUS CEREMONIES AND CELEBRATIONS.
FORM 990, PART III, LINE 4A, DESCRIPTION OF PROGRAM SERVICE:MEGACITY: INDIA'S CULTURE OF THE STREETS (AUGUST 1, 2015 THROUGH SUMMER 2020) BEFORE INDIA'S INDEPENDENCE IN 1947, MANY INDIAN ARTISTS VIEWED THE VILLAGE AS THE TRUE LOCUS FOR INDIA'S IDENTITY, DISTINCT FROM THAT OF THE BRITISH COLONIAL CITIES OF CALCUTTA, BOMBAY AND NEW DELHI. BY THE MID-20TH CENTURY, INDIA'S INDEPENDENCE TRANSFORMED ITS CITIES, WHERE THE DRIVE TOWARD MODERNITY CO-EXISTED WITH THE ENDURING PRESENCE OF THE SPIRITUAL.
FORM 990, PART III, LINE 4B, DESCRIPTION OF PROGRAM SERVICE:CURATORIAL AND COLLECTIONS: NATIONALLY AND INTERNATIONALLY RECOGNIZED THOUGHT LEADERS IN THEIR RESPECTIVE FIELDS, THE CURATORIAL STAFF IS RESPONSIBLE FOR CONCEIVING AND ORGANIZING EXHIBITIONS AND CULTIVATING SUPPORT FOR THE MUSEUM'S PROGRAMMATIC INITIATIVES AND COLLECTION. CURATORS ACQUIRE, RESEARCH, AND INTERPRET THE MUSEUM'S COLLECTION. THE CURATORIAL STAFF ALSO PREPARES AND PUBLISHES SCHOLARLY CATALOGUES AND EDUCATIONAL TEXTS RELATED TO THE EXHIBITIONS AND THE COLLECTION. THE MUSEUM'S COLLECTION ENCOMPASSES MORE THAN ONE MILLION WORKS REPRESENTING ART AND CULTURE GLOBALLY. SEVERAL OF THE PRINCIPAL COLLECTING AREAS BEGAN WITH THE MUSEUM'S FOUNDING IN 1799 AND ARE THE FIRST OF SUCH MATERIAL AMONG AMERICAN MUSEUMS. OTHER AREAS OF THE COLLECTION ARE THE BEST OR LARGEST AMONG AMERICAN OR INTERNATIONAL MUSEUM COLLECTIONS. THE MUSEUM CONTINUES TO COLLECT SELECTIVELY IN ALMOST ALL AREAS OF THE COLLECTION THROUGH GIFT, PURCHASE, AND BEQUEST. THE AFRICAN COLLECTION INCLUDES EARLY WORKS FROM COASTAL EAST AND WEST AFRICA, AN IMPORTANT BODY OF ZULU OBJECTS, AND ONE OF THE WORLD'S BEST COLLECTIONS OF ETHIOPIAN CHRISTIAN ART OF SIXTEENTH-TO TWENTIETH-CENTURY ICONS AND METALWORK. THE AMERICAN COLLECTION OF PAINTINGS, SCULPTURES, WORKS ON PAPER, DECORATIVE ART, FOLK ART, FASHION, AND COSTUMES, REPRESENTS MORE THAN 300 YEARS OF NEW ENGLAND ART AND CULTURE. THE ASIAN EXPORT ART COLLECTION IS THE WORLD'S MOST COMPREHENSIVE COLLECTION OF DECORATIVE ART MADE IN ASIA FOR GLOBAL EXPORT. IT ENCOMPASSES PAINTINGS, FURNITURE, SILVER, PORCELAIN, WORKS ON PAPER FROM THE FIFTEENTH TO THE TWENTIETH CENTURIES. THE CHINESE COLLECTION'S UNIQUE STRENGTH IS VERNACULAR ART THAT EXPLORES THE RICH TRADITIONS OF CHINESE CULTURE, AND FEATURES IMPORTANT QING DYNASTY WORKS, INCLUDING CERAMICS, TEXTILES, AND DECORATIVE ARTS. THE CONTEMPORARY COLLECTION IS THE MOST RECENT COLLECTING AREA IN THE CURRENT SENSE OF CONTEMPORARY ART, ALTHOUGH THE MUSEUM FROM ITS FOUNDING IN 1799 HAS INTERMITTENTLY COLLECTED THE ART OF ITS TIME. GATHERED UNDER THE UMBRELLA CONCEPT OF THE PRESENT TENSE OVER THE PAST DECADE, THIS COLLECTION AREA EMPHASIZES ART THAT REFLECTS THE INTERACTION OF INNOVATION, THE TRADING OF IDEAS AND EXPERIENCES, AND THE ROLE THAT EVOLVING FORMS OF TECHNOLOGY INFLUENCE PEOPLE'S LIVES, AS EXPRESSED BY ARTISTS INTERNATIONALLY AND OFTEN COMMISSIONED BY THE MUSEUM AS PARTICIPATORY OR IMMERSIVE EXPERIENCES. THE FASHION AND TEXTILES COLLECTION INCLUDES WORKS FROM AROUND THE WORLD, PRIMARILY FROM THE LATE 17TH-CENTURY FORWARD. SINCE 2009, THE MUSEUM HAS FOCUSED ON COLLECTING 20TH AND 21ST-CENTURY FASHION THROUGH MAJOR GIFTS AND BEQUESTS FROM NATIONALLY AND INTERNATIONALLY PROMINENT COLLECTORS. AMERICA'S NINETEENTH- AND TWENTIETH- CENTURY JAPANESE ART COLLECTORS CREATED A MAJOR COLLECTION OF JAPANESE ART AND CULTURE. MANY WORKS ARE CONSIDERED RARE IN JAPAN, WITH LATE EDO- AND MEIJI-PERIOD EXAMPLES AMONG THE WORLD'S FINEST. FOUNDED IN THE 1880S, THE KOREAN COLLECTION PIONEERED AMERICAN INTEREST IN KOREAN ART AND CULTURE. ITS BROAD SPECTRUM OF ART OF THE LATE JOSEON DYNASTY IS CONSIDERED THE BEST IN THE UNITED STATES. THE MARITIME COLLECTION IS THE FINEST IN AMERICA AND IS INTERNATIONALLY RENOWNED FOR ITS APPROXIMATELY 30,000 PAINTINGS, DRAWINGS, AND PRINTS, AND 20,000 MARITIME OBJECTS FROM THE SEVENTEENTH THROUGH THE EARLY TWENTIETH CENTURIES. THE NATIVE AMERICAN ART COLLECTION INCLUDES 20,000 WORKS FROM THE SEVENTEENTH CENTURY TO THE PRESENT, AS WELL AS 50,000 ARCHEOLOGICAL WORKS DATING BACK 10,000 YEARS. ITS GROWING STRENGTH AND FOCUS IS MODERN AND CONTEMPORARY ART. THE OCEANIC COLLECTION IS INTERNATIONALLY RECOGNIZED FOR ITS SIZE, BREADTH, AND EARLY ORIGINS AND PROVENANCE OF ITS OBJECTS. IT INCLUDES MORE THAN 20,000 OBJECTS FROM MORE THAN THIRTY-SIX ISLAND GROUPS IN POLYNESIA, MELANESIA, AND MICRONESIA. THE PHOTOGRAPHY COLLECTION COMPRISES THOUSANDS OF RARE AND VINTAGE IMAGES AND MODERN AND CONTEMPORARY EXAMPLES. THE COLLECTION INCLUDES MAJOR HOLDINGS IN NINETEENTH-CENTURY AND CONTEMPORARY PHOTOGRAPHS OF ASIA. THE SOUTH ASIAN COLLECTION EMPHASIZES MODERN AND CONTEMPORARY ART AFTER INDIA'S INDEPENDENCE IN 1947. OLDER EXAMPLES, ESPECIALLY FROM THE NINETEENTH CENTURY, INCLUDE IMPORTANT SCULPTURE, TEXTILES, CERAMICS, AND METALWORK. THE ARCHITECTURE COLLECTION INCLUDES TWENTY-FOUR HISTORIC AMERICAN STRUCTURES AND A MAJOR ARCHITECTURAL FRAGMENT COLLECTION. FOUR BUILDINGS ARE DESIGNATED NATIONAL HISTORIC LANDMARKS; SIX OTHERS ARE ON THE NATIONAL REGISTER OF HISTORIC PLACES. THE PHILLIPS LIBRARY IS ONE OF NEW ENGLAND'S MOST IMPORTANT AND HISTORIC RESEARCH LIBRARIES, HOLDING PUBLICATIONS AND ARCHIVAL MATERIALS RELATED TO REGIONAL AND GLOBAL ART AND CULTURE, AND TO THE MUSEUM'S DIVERSE COLLECTIONS. 2019 ACQUISITIONS: 2,904 WORKS OF ART AND CULTURE THROUGH PURCHASE, GIFT, AND BEQUEST IN MOST OF THE MUSEUM'S COLLECTING AREAS. HIGHLIGHTS INCLUDE THE FOLLOWING MAJOR GIFTS TO THE COLLECTION: ARTISTS IN GUANGZHOU, CHINA, 18 KARAT GOLD FILIGREE BRACELET, CA. 1840 BIREN DE, PAINTING, URANUS-JANUARY 1970, AND RELATED BIREN DE ARCHIVE COLLECTION OF TWENTY-THREE CONTEMPORARY CERAMIC WORKS BY JAPANESE AND KOREAN ARTISTS 95 PHOTOGRAPHS BY OLIVIA PARKER, 1970S-PRESENT ANSEL ADAMS, WINTER SUNRISE, SIERRA NEVADA FROM LONE PINE, CALIFORNIA, GELATIN SILVER PRINT JOY OF GIVING SOMETHING INC, GIFT OVER 1600 PHOTOGRAPHS BY OVER 100 ARTISTS FROM JAPAN, CHINA, KOREA, BURMA 1870-2010 161 PIECES OF WOMEN'S AND MEN'S MODERN, INTERNATIONAL FASHION FROM THE COLLECTION OF IRIS BARREL APFEL THOMAS SEYMOUR, GRECIAN COUCH, 1812-17 DALE CHILHULY, GLASS CHANDELIER, 2000 GEORGE GITTOES AND DARRIUS MARCUS FORD, PAINTING KILL KULTURE, 2000 HANK WILLIS THOMAS, ALUMINUM SCULPTURE RICH BLACK SPECIMEN #460, 2017
FORM 990, PART III, LINE 4C, DESCRIPTION OF PROGRAM SERVICE:EDUCATION: THE MUSEUM'S DEPARTMENT OF EDUCATION DEVELOPS AND IMPLEMENTS A WIDE ARRAY OF EDUCATIONAL PROGRAMS, SCHOOL PROGRAMS, AND MUSEUM TOURS. IT ALSO PROVIDES MATERIALS TO HELP VISITORS OF ALL AGES WITH DIVERSE BACKGROUNDS, KNOWLEDGE, INTERESTS, PREFERENCES, AND NEEDS GAIN INSIGHT ABOUT THEMSELVES AND THE WORLD AROUND THEM THROUGH AN UNDERSTANDING OF INTERNATIONAL ART AND CULTURE. THE DEPARTMENT OF EDUCATION FOCUSES ON SEVERAL BROAD AUDIENCE AREAS: K-12 STUDENTS, TEACHERS, FAMILIES, AND ADULTS FROM COLLEGE AGE THROUGH SENIOR CITIZENS. THE DEPARTMENT ALSO MANAGES THE AWARD-WINNING ART & NATURE CENTER (ANC) FOR INTERACTIVE FAMILY LEARNING. ANC EXHIBITIONS ARE VERY POPULAR. BEYOND EXHIBITIONS, THE ANC ENGAGES FAMILIES AND INDIVIDUALS THROUGH A RANGE OF INTERACTIVE PUBLIC PROGRAMS. THE ANC TEAM HOSTED 124 WEEKEND DROP-IN ART MAKING SESSIONS IN 2019, WITH A TOTAL OF 3,918 PARTICIPANTS. THE ANC'S FEBRUARY SCHOOL VACATION WEEK PROGRAMS SERVED 4,491 PARTICIPANTS OVER 5 DAYS AND EARTH DAY AND SOLSTICE CELEBRATIONS HAD 257 PARTICIPANTS. BEYOND THE ANC'S FAMILY PROGRAMS, THE MUSEUM OFFERS THE ONGOING PEM PALS EARLY LITERACY PROGRAM FOR YOUNG CHILDREN AND THEIR CAREGIVERS. IN 2019 WE HOSTED 30 PEM PALS SESSIONS WITH 1,985 TOTAL PARTICIPANTS. OTHER FAMILY PROGRAMS, INCLUDING APRIL SCHOOL VACATION WEEK AND ANNUAL CELEBRATIONS OF LUNAR NEW YEAR AND JUNETEENTH, HAD 3,762 TOTAL PARTICIPANTS. EXHIBITION OPENINGS FOR THE ANC'S POD AND WHERE THE QUESTIONS LIVE DREW 1,617 AND THE MUSEUM'S POST-EXPANSION REOPENING DREW 7,127 VISITORS. ANOTHER PUBLIC PROGRAM WITH HIGH ATTENDANCE WAS THE 2019 BLOCK PARTY, ALSO WITH 7,000 PARTICIPANTS. TICKETED PROGRAMS, INCLUDING THE SALEM FILM FEST AND AFTER-HOURS PARTIES DREW ANOTHER 4,464 THROUGHOUT THE YEAR. PEM'S TOUR PROGRAM SERVES BOTH ADULTS AND SCHOOL GROUPS. IN 2019 PEM HOSTED 11,058 STUDENTS IN 303 SCHOOL VISITS. A NUMBER OF THESE STUDENTS CAME THROUGH OUR LONG-RUNNING CREATIVE COLLABORATIONS PARTNERSHIP PROGRAM WHICH TARGETS TITLE I SCHOOLS IN THE REGION WITH SEQUENCED MUSEUM VISITS AND OBJECT-BASED LESSON PLANS. IN 2019, 1,992 STUDENTS FROM 10 SCHOOLS PARTICIPATED IN 32 VISITS THROUGH THE CREATIVE COLLABORATIONS PROGRAM. ADDITIONALLY, 8,591 ADULTS PARTICIPATE IN BOOKED TOURS IN 2019. OFF-SITE GUIDED PROGRAMS BRING THE MUSEUM EXPERIENCE TO COMMUNITY CENTERS AND SENIOR CENTERS IN THE AREA. A TOTAL OF 778 VISITORS PARTICIPATED IN OFF SITE, GUIDE-LED TOURS IN 2019. ART LINK IS AN AFTERSCHOOL MUSEUM-BASED PARTNERSHIP PROGRAM WITH AREA YOUTH ORGANIZATIONS. IN 2019, 434 STUDENTS PARTICIPATED. PEM ALSO REACHED 636 STUDENTS THROUGH OUT-OF-SCHOOL SUMMER PROGRAMS.
FORM 990, PART VI, SECTION A, LINE 2CLEMENT BENENSON AND STEPHANIE BENENSON HAVE A FAMILY RELATIONSHIP.
FORM 990, PART VI, SECTION B, LINE 11BTHE FINANCE AND AUDIT COMMITTEE CONDUCTS A DETAILED REVIEW OF THE FORM 990 PRIOR TO FILING. AFTER ANY NECESSARY REVISIONS ARE MADE, THE FINAL DRAFT IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CON AN ANNUAL BASIS, EACH OFFICER, DIRECTOR AND KEY EMPLOYEE IS REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT. THE STATEMENTS ARE REVIEWED BY THE SECRETARY OF THE BOARD OF TRUSTEES. ANY CONFLICTS ARE BROUGHT TO THE ATTENTION OF AN APPROPRIATE OFFICER, DIRECTOR OR SENIOR MANAGER TO DETERMINE THE APPROPRIATE COURSE OF ACTION IN RESOLVING THE CONFLICT. IF A CONFLICT IS FOUND TO EXIST, THE CONFLICTED INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN ANY DECISIONS RELATIVE TO THE SOURCE OF CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION FOR THE EXECUTIVE DIRECTOR, OFFICERS AND KEY EMPLOYEES IS SUBJECT TO REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES.
FORM 990, PART VI, SECTION C, LINE 19THE MUSEUM'S FORM 990, INCLUDING FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE IN HARD COPY OR ELECTRONICALLY UPON REQUEST. THE FORM 990 IS AVAILABLE ON THE ORGANIZATION'S WEBSITE AND VIA THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE AND AT WWW.GUIDESTAR.ORG.
FORM 990, PART XI, LINE 9:CHANGE IN VALUE OF FUNDS HELD BY OTHERS 1,028,011.

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