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PEABODY ESSEX MUSEUM INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
PEABODY ESSEX MUSEUM INC (EIN 04-3157815)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-14
IRS object ID
201923189349312017
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-14T16:06:44-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 Begin2018-01-01TaxPeriodBeginDt

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
Signature2019-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCRAIG KLEINPreparerPersonNm
PTINP00734640PTIN
Phone6177610600PhoneNum
Preparation2019-11-14PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address207.172.72.163IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-14IPDt
IP Tm09:24:12IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id6EBF32EC077803D5773B28E578504B4367373832AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-04-17 16:48:07ZBuildTS

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$206,563,514GrossReceiptsAmt
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 Employee324TotalEmployeeCnt
Total Volunteers163TotalVolunteersCnt
Total Gross UBI-$318,302TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$1,533NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$19,293,501PYContributionsGrantsAmt
CY Contributions Grants$9,330,069CYContributionsGrantsAmt
PY Program Service Revenue$2,647,380PYProgramServiceRevenueAmt
CY Program Service Revenue$3,023,890CYProgramServiceRevenueAmt
PY Investment Income$51,550,199PYInvestmentIncomeAmt
CY Investment Income$37,910,974CYInvestmentIncomeAmt
PY Other Revenue$1,059,262PYOtherRevenueAmt
CY Other Revenue$1,633,671CYOtherRevenueAmt
PY Total Revenue$74,550,342PYTotalRevenueAmt
CY Total Revenue$51,898,604CYTotalRevenueAmt
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$14,008,655PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$18,711,350CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$3,726,243CYTotalFundraisingExpenseAmt
PY Other Expenses$22,763,510PYOtherExpensesAmt
CY Other Expenses$24,943,904CYOtherExpensesAmt
PY Total Expenses$36,772,165PYTotalExpensesAmt
CY Total Expenses$43,655,254CYTotalExpensesAmt
PY Revenues Less Expenses$37,778,177PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$8,243,350CYRevenuesLessExpensesAmt
Total Assets BOY$755,412,291TotalAssetsBOYAmt
Total Assets EOY$707,305,991TotalAssetsEOYAmt
Total Liabilities BOY$88,739,923TotalLiabilitiesBOYAmt
Total Liabilities EOY$87,660,763TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$666,672,368NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$619,645,228NetAssetsOrFundBalancesEOYAmt
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$11,415,454ExpenseAmt
Revenue$2,702,194RevenueAmt
DescEXHIBITIONS AND PUBLICATIONS: SEE SCHEDULE O.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$7,516,669ExpenseAmt
Revenue$916RevenueAmt
DescCURATORIAL AND COLLECTIONS: SEE SCHEDULE O.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$3,492,459ExpenseAmt
Revenue$197,500RevenueAmt
DescEDUCATION: SEE SCHEDULE O.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (8 entries)

ExpenseExpenseAmtDescDescRevenueRevenueAmt
$753,866ACQUISTIONS
$871,176MEMBERSHIP & GUEST SERVICES
$2,625,893PUBLIC INFORMATION & CREATIVE SERVICES
$529,423MEDIA SERVICES
$2,665,470PROPERTIES & SECURITY
$781,851ENTERPRISES$1,048,824
$1,954,788EXPANSION PROJECT
$1,495,096OTHER PROGRAM EXPENSES
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$11,677,563TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$1,048,824TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$34,102,145TotalProgramServiceExpensesAmt
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
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document173IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee324EmployeeCnt
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
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 PymtYes (1)SubjToTaxRmnrtnExPrchtPymtInd
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
Upon RequestYes (X)UponRequestInd

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 (38 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
TRUSTEE1.00Yes (X)$0$0$0
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
MARTHA CHAYET
TRUSTEE (UNTIL MAY 2018)1.00Yes (X)$0$0$0
ANA B COLMENERO
TRUSTEE1.00Yes (X)$0$0$0
CARTER HARRISON
TRUSTEE (UNTIL MAY 2018)1.00Yes (X)$0$0$0
JAMES HAWKES
VICE PRESIDENT2.00Yes (X)$0$0$0Yes (X)
SEAN HEALEY
TRUSTEE (UNTIL MAY 2018)1.00Yes (X)$0$0$0
ANDREW HEISKELL
TRUSTEE1.00Yes (X)$0$0$0
CARLA HERWITZ
TRUSTEE1.00Yes (X)$0$0$0
PATRICIA FAE HO
TRUSTEE (UNTIL MAY 2018)1.00Yes (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
SECRETARY2.00Yes (X)$0$0$0Yes (X)
AUSTEN 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
TRUSTEE1.00Yes (X)$0$0$0
ROSITA K WORL
TRUSTEE1.00Yes (X)$0$0$0
DAN MONROE
EXECUTIVE DIRECTOR40.00$1,001,374$0$80,899Yes (X)
LYNDA ROSCOE HARTIGAN
DEPUTY DIRECTOR40.00$387,950$0$54,527Yes (X)
NATHALIE G APCHIN
CFO40.00$275,638$0$43,845Yes (X)
AMANDA CLARK MACMULLAN
CHIEF PHILANTHROPY OFFICER40.00$368,068$0$33,902Yes (X)
HOWARD J FINNEY
CHIEF MARKETING OFFICER40.00$285,933$0$63,229Yes (X)
ROBERT MONK
DIRECTOR OF FACILITIES & SECURITY40.00$215,334$0$47,114Yes (X)
REBECCA A EHRHARDT
DIRECTOR OF INDIVIDUAL GIVING40.00$175,003$0$38,913Yes (X)
KATHERINE H FREDRICKSON
CHIEF OF CURATORIAL AFFAIRS40.00$163,880$0$38,155Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,873,180TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$400,584TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K31IndivRcvdGreaterThan100KCnt
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
ENNEAD ARCHITECTS LLP
320 WEST 13TH STREETNEW YORKNY10014ARCHITECTURAL SERVICES$1,046,597
SCHWARTZSILVER ARCHITECTS INC
75 KNEELAND STREETBOSTONMA02111ARCHITECTURAL SERVICES$620,629
CAMBRIDGE ASSOCIATES
125 HIGH STREETBOSTONMA02210INVESTMENT SERVICES$416,500
ISAACSON MILLER INC
263 SUMMER STREETBOSTONMA02210EMPLOYEE RECRUITMENT SERVICES$276,810
NEPC LLC
ONE MAIN STREETCAMBRIDGEMA02142INVESTMENT SERVICES$266,585
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K9CntrctRcvdGreaterThan100KCnt
Membership Dues$1,044,575MembershipDuesAmt
Fundraising$483,751FundraisingAmt
Government Grants$312,962GovernmentGrantsAmt
All Other Contributions$7,488,781AllOtherContributionsAmt
Noncash Contributions$680,600NoncashContributionsAmt
Total Contributions$9,330,069TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMISSIONS900099$2,131,846$2,131,846
TRAVELING EXHIBITIONS900099$499,440$499,440
EDUCATION PROGRAM REV.900099$197,500$197,500
FUNCTIONS900099$123,280$123,280
OTHER PROGRAM REVENUE900099$71,824$71,824
FieldValueIRS element (for citing)
Total Program Service Revenue$3,023,890TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,525,665TotalRevenueColumnAmt
Unrelated Business Revenue-$332,816UnrelatedBusinessRevenueAmt
Exclusion$4,858,481ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,434TotalRevenueColumnAmt
Exclusion$12,434ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$26,661RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$9,886RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$16,775RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,775TotalRevenueColumnAmt
Unrelated Business Revenue-$8,775UnrelatedBusinessRevenueAmt
Exclusion$25,550ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$186,884,519SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$153,499,210SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$33,385,309SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$33,385,309TotalRevenueColumnAmt
Exclusion$33,385,309ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$199,550FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$483,751ContriRptFundraisingEventAmt
Fundraising Direct Expenses$363,270FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$163,720TotalRevenueColumnAmt
Exclusion-$163,720ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,593,933GrossSalesOfInventoryAmt
Cost Of Goods Sold$792,544CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$801,389TotalRevenueColumnAmt
Related Or Exempt Func Income$778,100RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$23,289UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISC INVESTMENT INCOMEDesc
Business900099BusinessCd
Total Revenue Column$819,349TotalRevenueColumnAmt
Exclusion$819,349ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$147,444TotalRevenueColumnAmt
Related Or Exempt Func Income$147,444RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$966,793OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$51,898,604TotalRevenueColumnAmt
Related Or Exempt Func Income$3,949,434RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$318,302UnrelatedBusinessRevenueAmt
Exclusion$38,937,403ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,986,833TotalAmt
Program Services$482,580ProgramServicesAmt
Management And General$928,003ManagementAndGeneralAmt
Fundraising$576,250FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$13,567,230TotalAmt
Program Services$10,790,488ProgramServicesAmt
Management And General$1,168,890ManagementAndGeneralAmt
Fundraising$1,607,852FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$913,413TotalAmt
Program Services$726,470ProgramServicesAmt
Management And General$78,695ManagementAndGeneralAmt
Fundraising$108,248FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,262,611TotalAmt
Program Services$1,004,198ProgramServicesAmt
Management And General$108,781ManagementAndGeneralAmt
Fundraising$149,632FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$981,263TotalAmt
Program Services$780,433ProgramServicesAmt
Management And General$84,541ManagementAndGeneralAmt
Fundraising$116,289FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$165,093TotalAmt
Program Services$75,287ProgramServicesAmt
Management And General$89,806ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$108,350TotalAmt
Management And General$108,350ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$5,107,951TotalAmt
Program Services$4,382,554ProgramServicesAmt
Management And General$493,490ManagementAndGeneralAmt
Fundraising$231,907FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,651,719TotalAmt
Program Services$2,797,866ProgramServicesAmt
Management And General$708,676ManagementAndGeneralAmt
Fundraising$145,177FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$701,137TotalAmt
Program Services$701,137ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,096,027TotalAmt
Program Services$644,911ProgramServicesAmt
Management And General$365,660ManagementAndGeneralAmt
Fundraising$85,456FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,596,125TotalAmt
Program Services$2,596,125ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$963,068TotalAmt
Program Services$631,325ProgramServicesAmt
Management And General$126,410ManagementAndGeneralAmt
Fundraising$205,333FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$769,624TotalAmt
Program Services$755,486ProgramServicesAmt
Management And General$14,138ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,743,344TotalAmt
Program Services$3,652,375ProgramServicesAmt
Management And General$981,872ManagementAndGeneralAmt
Fundraising$109,097FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$419,041TotalAmt
Program Services$133,819ProgramServicesAmt
Management And General$285,222ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
EXHIBITIONS$1,830,798$1,830,798
COLLECTION ACQUISITIONS$753,866$753,866
HOSPITALITY$649,095$266,578$59,196$323,321
PRINTING AND PUBLICATIO$232,861$232,861

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,155,805TotalAmt
Program Services$862,988ProgramServicesAmt
Management And General$225,136ManagementAndGeneralAmt
Fundraising$67,681FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$43,655,254TotalAmt
Program Services$34,102,145ProgramServicesAmt
Management And General$5,826,866ManagementAndGeneralAmt
Fundraising$3,726,243FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$10,347BOYAmt
EOY$576,661EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$53,917,341BOYAmt
EOY$37,662,735EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,197,443BOYAmt
EOY$3,694,695EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$268,099BOYAmt
EOY$99,888EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$550,675BOYAmt
EOY$536,502EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$160,672BOYAmt
EOY$124,290EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$272,671,564LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$81,897,279LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$158,998,492BOYAmt
EOY$190,774,285EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$92,891,491BOYAmt
EOY$77,815,661EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$411,832,857BOYAmt
EOY$387,272,979EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$33,389,874BOYAmt
EOY$7,553,295EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$755,412,291BOYAmt
EOY$707,305,991EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,446,517BOYAmt
EOY$6,390,964EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$82,784BOYAmt
EOY$120,711EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$78,838,821BOYAmt
EOY$77,898,159EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,133,532BOYAmt
EOY$2,048,193EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,238,269BOYAmt
EOY$1,202,736EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$88,739,923BOYAmt
EOY$87,660,763EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$146,275,642BOYAmt
EOY$152,889,573EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$199,736,179BOYAmt
EOY$144,506,905EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$320,660,547BOYAmt
EOY$322,248,750EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$666,672,368BOYAmt
EOY$619,645,228EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$755,412,291BOYAmt
EOY$707,305,991EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$8,243,350ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$54,452,426NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$818,064OtherChangesInNetAssetsAmt
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$28,104,417CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$140,249,860CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,233,206CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,293,501CurrentTaxYearMinus1YearAmt
Current Tax Year$9,330,069CurrentTaxYearAmt
Total$225,211,053TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$28,104,417CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$140,249,860CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$28,233,206CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,293,501CurrentTaxYearMinus1YearAmt
Current Tax Year$9,330,069CurrentTaxYearAmt
Total$225,211,053TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$179,203,548SubstantialContributorsTotAmt
Public Support Total170$46,007,505PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,446,024CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,148,257CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,365,720CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$601,597CurrentTaxYearMinus1YearAmt
Current Tax Year$5,384,109CurrentTaxYearAmt
Total$15,945,707TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,860CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus2 Years$607CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$193,484CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$207,951TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$87,620CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$89,190CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$152,752CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$149,588CurrentTaxYearMinus1YearAmt
Current Tax Year$199,550CurrentTaxYearAmt
Total$678,700TotalAmt
FieldValueIRS element (for citing)
Total Support$242,043,411TotalSupportAmt
Gross Receipts Rltd Activities$20,396,060GrossReceiptsRltdActivitiesAmt
Public Support CY1700.19010PublicSupportCY170Pct
Public Support PY1700.16550PublicSupportPY170Pct
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 EIGHTEEN 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 42,500 PROSPECTS AND EXISTING DONORS WERE SOLICITED FOR SUPPORT DURING 2018, RESULTING IN 10,736 GIFTS COMING FROM 10,012 DIFFERENT DONORS. OTHER PUBLIC SUPPORT FACTORS 1. PERCENTAGE OF FINANCIAL SUPPORT FACTOR. THE MUSEUM'S PUBLIC SUPPORT PERCENTAGE FOR 2018 IS 19.01%, 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 219 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 10,012 DIFFERENT DONORS DURING 2018. 3. REPRESENTATIVE GOVERNING BODY FACTOR. DURING 2018, 30 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 2018, THE PEABODY ESSEX MUSEUM REPORTED MORE THAN 282,260 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 123,000 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 SIX OPENED DURING 2018. 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$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 Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

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 Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

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

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$312,709,089BeginningYearBalanceAmt
Contributions$8,874,768ContributionsAmt
Investment Earnings Or Losses$16,611,262InvestmentEarningsOrLossesAmt
Other Expenditures$12,178,829OtherExpendituresAmt
End Year Balance$326,016,290EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.02740BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.74880PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.22380TermEndowmentBalanceEOYPct
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$164,331,233OtherCostOrOtherBasisAmt
Depreciation$67,198,735DepreciationAmt
Book Value$97,132,498BookValueAmt

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$14,923,625OtherCostOrOtherBasisAmt
Depreciation$13,001,331DepreciationAmt
Book Value$1,922,294BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$88,606,302OtherCostOrOtherBasisAmt
Depreciation$1,468,575DepreciationAmt
Book Value$87,137,727BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$190,774,285TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (7 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
DOMESTIC EQUITIES & FUNDS$63,816,769F
INTERNATIONAL EQUITIES & FUNDS$96,591,914F
FIXED INCOME & FUNDS$51,033,805F
ABSOLUTE RETURN HEDGE FUNDS$91,888,470F
REAL ESTATE LIMITED PARTERSHIPS$7,756,221F
PRIVATE EQUITY$68,473,580F
REAL ASSET COMMINGLED TRUST$7,712,220C
FieldValueIRS element (for citing)
Total Book Value Securities$387,272,979TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
OBLIGATION UNDER SPLIT-INTEREST AGREEMENTS$999,014
OBLIGATION UNDER LEASE$142,277
ENVIRONMENTAL REMEDIATION LIABILITY$61,445
FieldValueIRS element (for citing)
Total Liability$1,202,736TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt-$7,193,783TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$54,452,426NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$120,354DonatedServicesAndUseFcltsAmt
Other Revenue$347,636OtherRevenueAmt
Revenue Not Reported-$53,984,436RevenueNotReportedAmt
Revenue Subtotal$46,790,653RevenueSubtotalAmt
Investment Expenses Not Incld$5,107,951InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$5,107,951RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$51,898,604TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$39,833,357TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$120,354DonatedServicesUseFcltsAmt
Other Expenses Included$1,165,700OtherExpensesIncludedAmt
Expenses Not Reported$1,286,054ExpensesNotReportedAmt
Expenses Subtotal$38,547,303ExpensesSubtotalAmt
Investment Expenses Not Incld2$5,107,951InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$5,107,951ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$43,655,254TotalExpensesPerForm990Amt

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 STATEMENT 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 9,886. SPECIAL EVENT EXPENSES 363,270. CHANGE IN VALUE OF FUNDS HELD BY OTHERS -818,064. COST OF GOODS SOLD 792,544.
PART XII, LINE 2D - OTHER ADJUSTMENTS:BUILDING RENTAL EXPENSES 9,886. SPECIAL EVENT EXPENSES 363,270. COST OF GOODS SOLD 792,544.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN00INVESTMENTS$133,923,763
EUROPE (INCLUDING ICELAND & GREENLAND)00INVESTMENTS$2,757,256
NORTH AMERICA00INVESTMENTS$485,459
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$137,166,478SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$137,166,478TotalSpentAmt
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

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL GALAEvent1Nm
Gross Receipts Event1$683,301GrossReceiptsEvent1Amt
Charitable Contri Event1$483,751CharitableContriEvent1Amt
Gross Revenue Event1$199,550GrossRevenueEvent1Amt
Non Cash Prizes Event1$75,500NonCashPrizesEvent1Amt
Rent Facility Costs Event1$36,712RentFacilityCostsEvent1Amt
Food And Beverage Event1$138,589FoodAndBeverageEvent1Amt
Entertainment Event1$30,315EntertainmentEvent1Amt
Other Direct Expenses Event1$82,154OtherDirectExpensesEvent1Amt
Gross Receipts Total$683,301GrossReceiptsTotalAmt
Charitable Contributions Tot$483,751CharitableContributionsTotAmt
Gross Revenue Total Events$199,550GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$75,500NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$36,712RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$138,589FoodAndBeverageTotalEventsAmt
Entertainment Total Events$30,315EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$82,154OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$363,270DirectExpenseSummaryEventsAmt
Net Income Summary-$163,720NetIncomeSummaryAmt

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
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 Payment0SeverancePaymentInd
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 PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 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
DAN MONROE
EXECUTIVE DIRECTOR$643,174$0$300,000$0$58,200$0$63,875$0$17,024$0$1,082,273$0$0$0
LYNDA ROSCOE HARTIGAN
DEPUTY DIRECTOR$387,950$0$0$0$0$0$37,125$0$17,402$0$442,477$0$0$0
NATHALIE G APCHIN
CFO$275,638$0$0$0$0$0$16,500$0$27,345$0$319,483$0$0$0
AMANDA CLARK MACMULLAN
CHIEF PHILANTHROPY OFFICER$368,068$0$0$0$0$0$16,500$0$17,402$0$401,970$0$0$0
HOWARD J FINNEY
CHIEF MARKETING OFFICER$285,933$0$0$0$0$0$37,125$0$26,104$0$349,162$0$0$0
ROBERT MONK
DIRECTOR OF FACILITIES & SECURITY$215,334$0$0$0$0$0$29,998$0$17,116$0$262,448$0$0$0
REBECCA A EHRHARDT
DIRECTOR OF INDIVIDUAL GIVING$175,003$0$0$0$0$0$11,259$0$27,654$0$213,916$0$0$0
KATHERINE H FREDRICKSON
CHIEF OF CURATORIAL AFFAIRS$163,880$0$0$0$0$0$10,551$0$27,604$0$202,035$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 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.
PART I, LINE 7THE MUSEUM'S DIRECTOR OF 25 YEARS RECEIVED A DISCRETIONARY BONUS THAT WAS APPROVED BY THE BOARD OF TRUSTEES IN RECOGNITION OF HIS EXCEPTIONAL PERFORMANCE FOR THE 25 YEARS HE LED THE INSTITUTION.

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)
PersonDAN MONROEPersonNm
Relationship With OrgEXECUTIVE DIRECTOR OF THE ORGANIZATIONRelationshipWithOrgTxt
Loan PurposeMORTGAGE LOANLoanPurposeTxt
Loan From OrganizationYes (X)LoanFromOrganizationInd
Original Principal$1,195,000OriginalPrincipalAmt
Balance Due$1,195,000BalanceDueAmt
Default0DefaultInd
Board Or Committee ApprovalYes (1)BoardOrCommitteeApprovalInd
Written AgreementYes (1)WrittenAgreementInd
FieldValueIRS element (for citing)
Total Balance Due$1,195,000TotalBalanceDueAmt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution55ContributionCnt
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
Contribution19ContributionCnt
Noncash Contributions Rpt F990$569,832NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG. HIGH/LOW ON VALUEMethodOfDeterminingRevenuesTxt

Secur Prtnrshp Trust Intrsts SecurPrtnrshpTrustIntrstsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$110,768NoncashContributionsRptF990Amt
Method Of Determining RevenuesDISCOUNTED PRESENT VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received26Form8283ReceivedCnt
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 (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 4A, DESCRIPTION OF PROGRAM SERVICE:EXHIBITIONS AND PUBLICATIONS: DUE IN LARGE PART TO ITS MANY POPULAR EXHIBITIONS, THE MUSEUM CONCLUDED ANOTHER SUCCESSFUL YEAR, PRESENTING EXCELLENT AND DYNAMIC EXAMPLES OF ART AND CULTURE TO 282,260 ON-SITE VISITORS IN 2018. MORE THAN 15% OF GENERAL ADMISSION VISITORS ALSO VISITED YIN YU TANG, THE ONLY COMPLETE QING DYNASTY HOUSE OUTSIDE OF CHINA AND A MODEL IN INTERNATIONAL HISTORIC PRESERVATION. THE MUSEUM'S 2018 EXHIBITION PROGRAM FEATURED MANY STYLES AND SOURCES OF ART AND CULTURE IN SIX NEW SPECIAL EXHIBITIONS AT PEM, THREE EXHIBITIONS PRESENTED AT OTHER VENUES, AND SEVEN SHOWS THAT CONTINUED FROM PRIOR YEARS, INCLUDING: NEW AT PEM -PLAYTIME: (FEBRUARY 10 - MAY 6, 2018): PLAYTIME IS THE FIRST MAJOR THEMATIC EXHIBITION TO SURVEY THE RAPIDLY EVOLVING ROLE OF PLAY IN CONTEMPORARY ART AND CULTURE. -T.C. CANNON: AT THE EDGE OF AMERICA: (MARCH 3 - JUNE 10, 2018): THIS EXHIBITION CELEBRATES CANNON'S CREATIVE RANGE AND ARTISTIC LEGACY THROUGH NEARLY 90 PAINTINGS AND WORKS ON PAPER, AS WELL AS POETRY AND MUSIC. -JAPANOMIA! JAPANESE ART GOES GLOBAL: (APRIL 1, 2018 THROUGH 2020): THE NEW 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. -WILD DESIGNS: (MAY 26, 2018 - AUGUST 4, 2019): WILD DESIGNS FEATURES WORKS BY ARTISTS AND OTHER CREATIVES WHO ARE LOOKING TO NATURE AND LIVING SYSTEMS FOR NEW IDEAS AND CREATIVE SOLUTIONS TO HUMAN PROBLEMS. -SALLY MANN: A THOUSAND CROSSINGS: (JUNE 30 - SEPTEMBER 23, 2018): THE ARTIST'S FIRST MAJOR TRAVELING EXHIBITION, SALLY MANN: A THOUSAND CROSSINGS EXPLORES THEMES OF FAMILY, MEMORY, MORTALITY, AND HOME AS WELL AS THE SOUTHERN LANDSCAPE AS A REPOSITORY OF PERSONAL AND COLLECTIVE MEMORY. -EMPRESSES OF CHINA'S FORBIDDEN CITY: (AUGUST 18, 2018 - FEBRUARY 10, 2019): THIS IS THE FIRST EXHIBITION TO EXPLORE THE ROLE OF EMPRESSES IN SHAPING CHINA'S LAST DYNASTY- THE QING DYNASTY - FROM 1644 TO 1912. NEARLY 200 SPECTACULAR OBJECTS FROM THE PALACE MUSEUM TELL THE LITTLE-KNOWN STORIES OF HOW IMPERIAL WOMEN INFLUENCED COURT POLITICS, ART AND RELIGION. PEM TRAVELING SHOWS -OCEAN LINERS: GLAMOUR, SPEED, AND STYLE: (AT PEM MAY 20, 2017 - OCTOBER 9, 2017, AT THE VICTORIA AND ALBERT MUSEUM LONDON: FEBRUARY 3 - JUNE 17, 2018, AT THE VICTORIA AND ALBERT MUSEUM DUNDEE: SEPTEMBER 15, 2018 - FEBRUARY 24, 2019): THIS IS THE FIRST EXHIBITION TO ASSESS THE CULTURAL IMPACT OF THE OCEAN LINER IN SHAPING APPROACHES TO ARCHITECTURE, ART, AND DESIGN THROUGHOUT THE TWENTIETH CENTURY. -T.C. CANNON: AT THE EDGE OF AMERICA: (AT PEM MARCH 3 - JUNE 10, 2018, AT THE GILCREASE MUSEUM: JULY 14 - OCT 7, 2018, AT THE NATIONAL MUSEUM OF THE AMERICAN INDIAN, NYC: MARCH 16, 2019 - SEPTEMBER 16, 2019) -SALLY MANN: A THOUSAND CROSSINGS: (AT PEM JUNE 30 - SEPTEMBER 23, 2018, AT THE J. PAUL GETTY MUSEUM: NOVEMBER 16, 2018 - FEBRUARY 10, 2019, AT THE 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 CONTINUING AT PEM -RAVEN'S MANY GIFTS: NATIVE ART OF THE NORTHWEST COAST: (APRIL 5, 2014 - DECEMBER 9, 2018): OBJECTS FROM PEM'S COLLECTION OF NATIVE ART FROM THE PACIFIC NORTHWEST REVEAL THE DYNAMIC RELATIONSHIPS AMONG LIVING HUMANS, ANIMALS, ANCESTORS AND SUPERNATURAL BEINGS. -DOUBLE HAPPINESS: CELEBRATION IN CHINESE ART: (APRIL 5, 2014 THROUGH 2020): HIGHLIGHTS FROM THE MUSEUM'S WIDE-RANGING CHINESE COLLECTION CELEBRATE CHINA'S ARTISTIC ACHIEVEMENTS EXPRESSED IN SEASONAL FESTIVALS, RELIGIOUS CEREMONIES AND CELEBRATIONS. -IMPORTING SPLENDOR: (JUNE 13, 2015 - JANUARY 13, 2019): THIS INSTALLATION EXPLORES PEM'S SUPERLATIVE CHINESE EXPORT ART COLLECTION THE MOST COMPREHENSIVE AND CELEBRATED COLLECTION OF ITS KIND. CREATED BY CHINESE ARTISTS IN THE 18TH AND 19TH CENTURIES FOR EUROPEAN AND AMERICAN MARKETS, THESE WORKS DISPLAY A MASTERY OF MATERIAL AND FORM THAT MADE THEM THE MOST COVETED LUXURIOUS ITEMS OF THEIR DAY. -MEGACITY: INDIA'S CULTURE OF THE STREETS: (AUGUST 1, 2015 - SPRING 2020): IN THE EARLY 20TH CENTURY, 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 MID-CENTURY, INDIA'S INDEPENDENCE TRANSFORMED ITS CITIES, WHERE THE DRIVE TOWARD MODERNITY CO-EXISTED WITH THE ENDURING PRESENCE OF THE SPIRITUAL. -ALL THE FLOWERS ARE FOR ME (MAY 20, 2017 - APRIL 29, 2018): PERSIAN AND TURKISH ARCHITECTURE, TEXTILES AND MINIATURE PAINTINGS INSPIRE THE PRECISE, STYLIZED FLORAL FORMS THAT COMPOSE ANILA QUAYYUM AGHA'S SCULPTURAL CHAMBER OF LIGHT AND SHADOW. -XYZT: A JOURNEY IN 4 DIMENSIONS: (OCTOBER 14, 2017 - APRIL 22, 2018): CREATED AND DESIGNED BY FRENCH ARTISTS/PERFORMERS/COMPUTER SCIENTISTS ADRIEN MONDOT AND CLAIRE BARDAINNE, XYZT IS A TRAVELLING INTERACTIVE ART EXHIBITION THAT BRINGS TOGETHER GEOMETRIC AND ORGANIC ELEMENTS TO CREATE AN ENCOUNTER THE ARTISTS DESCRIBE AS "A JOURNEY THROUGH NATURE REVISITED." -GEORGIA O'KEEFFE: ART, IMAGE, STYLE: (DECEMBER 16, 2017 - APRIL 8, 2018): THE FIRST EXHIBITION TO EXPLORE THE ART, IMAGE AND PERSONAL STYLE OF ONE OF AMERICA'S MOST ICONIC ARTISTS.
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 APPROXIMATELY 1.8 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 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. 2018 ACQUISITIONS: 981 WORKS OF ART AND CULTURE THROUGH PURCHASE, GIFT, AND BEQUEST FOR MOST OF THE MUSEUM'S MAJOR COLLECTING AREAS, INCLUDING: -EAST HEADLAND, APPLEDORE-ISLES OF SHOALS, CHILDE HASSAM, 1911 -THE MARCH INTO BOSTON FROM MARBLEHEAD, APRIL 16, 1861, J.O.J. FROST, 1925 -CEDAR AND RED MAPLE, LAKE GEORGE, GEORGIA O'KEEFFE, 1921 -SATSUMA VASE, SOZAN FOR THE KINKOZAN WORKSHOP, JAPAN, 1880-1900 -WEIGHT, ALISON SAAR, 2012 -BALLROOM, AGUSTINA WOODGATE, 2014 -THE PEQUOD II, MICHAEL C. MCMILLEN, 1987 -SUSAN ESCO CHANDLER FASHION COLLECTION OF VARIOUS DESIGNERS, MID-LATE 20TH CENTURY-EARLY 21ST CENTURY -IRIS BARREL APFEL FASHION COLLECTION OF TWO HUNDRED FIFTY-ONE ITEMS OF MEN'S AND WOMEN'S CLOTHING AND SHOES, VARIOUS DESIGNERS AND FASHION HOUSES -COLLECTION OF THIRTEEN PIECES OF WHALECRAFT FROM THE ROBERT AND NINA HELLMAN COLLECTION, 19TH CENTURY
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 PREPARES AND DISTRIBUTES PRINT AND ONLINE 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. EACH YEAR, THE MUSEUM OFFERS HUNDREDS OF PROGRAMS TO ADVANCE ARTS LEARNING AND APPRECIATION AND TO STIMULATE CRITICAL THINKING, CROSS-CULTURAL DIALOGUE, INTELLECTUAL INQUIRY, CREATIVITY, AND CONNECTION-MAKING BETWEEN THE PAST AND PRESENT. THROUGH ITS PROGRAMMING, PEM STRIVES TO CREATE EXPERIENCES THAT TRANSFORM PEOPLE'S LIVES BY BROADENING THEIR PERSPECTIVES, ATTITUDES, AND KNOWLEDGE OF THEMSELVES AND THE WIDER WORLD. PROGRAMS EMPLOY AGE- AND AUDIENCE-APPROPRIATE PEDAGOGIES AND USE THE MUSEUM'S OUTSTANDING COLLECTIONS AND EXHIBITIONS TO ENGAGE VISITORS DIRECTLY WITH WORKS OF 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 FOR INTERACTIVE FAMILY LEARNING, ARE ALSO MANAGED BY THIS DEPARTMENT. THE SINGLE VISIT SCHOOL PROGRAM PROVIDES EDUCATIONAL OPPORTUNITIES FOR STUDENTS ENROLLED IN PUBLIC, INDEPENDENT, AND HOME SCHOOLS IN GRADES PRE K-12 AND UNIVERSITIES AND COLLEGES AND BLENDS GUIDED DOCENT-LED GALLERY TOURS WITH ENGAGING ACTIVITIES THAT INSPIRE CLOSE LOOKING AND REFLECTION. USING ITS COLLECTIONS, THE MUSEUM CREATES CONNECTIONS BETWEEN CLASSROOM CONTENT AND STUDENTS' DAILY LIVES AND INTRODUCES IDEAS AND TECHNIQUES THAT ENCOURAGE STUDENTS TO THINK CREATIVELY AND ANALYTICALLY, INCLUDING FACILITATING STUDENT ART-MAKING. IN 2018, 11,309 STUDENTS, TEACHERS AND CHAPERONES FROM 283 SCHOOLS PARTICIPATED IN SINGLE VISIT SCHOOL PROGRAMS. FORMAL MUSEUM-SCHOOL PARTNERSHIPS ARE MANAGED THROUGH THE CREATIVE COLLABORATIONS PROGRAM. THIS PARTNERSHIP, WHICH TARGETS TITLE I SCHOOLS AND TEACHERS IN THE NORTH SHORE REGION, PROVIDES MEANINGFUL SEQUENCED MUSEUM VISITS AND OBJECT-BASED LESSON PLANS THAT BUILD KNOWLEDGE IDENTIFIED AS CRITICAL IN THE ART, SOCIAL STUDIES, AND LANGUAGE ARTS CURRICULUM FRAMEWORKS. AS PART OF THIS PROGRAM, STUDENTS FROM PRIMARILY LOW RESOURCE SCHOOLS MAKE MULTIPLE (3-5) VISITS TO THE MUSEUM. IN 2018, 2,211 STUDENTS FROM 11 SCHOOLS PARTICIPATED IN THE CREATIVE COLLABORATIONS PROGRAM. THE ART LINK PROGRAM IS AN AFTERSCHOOL MUSEUM-BASED PARTNERSHIP PROGRAM WITH AREA YOUTH ORGANIZATIONS. PARTICIPATING STUDENTS IN GRADES K -12 PARTICIPATE IN GALLERY AND STUDIO PROGRAMS AT THE MUSEUM, AND SOME PARTNERSHIPS RESULT IN THE MUSEUM WORKING AT THE ORGANIZATION'S SITE TO DEVELOP CREATIVE ARTS PROGRAMMING DESIGNED TO DEVELOP SELF-CONFIDENCE, SELF-EFFICACY, AND SKILLS IN CREATIVE SELF-EXPRESSION. IN 2018, 608 STUDENTS PARTICIPATED IN 52 PROGRAMS. THE MUSEUM PARTNERED WITH 8 LOCAL ORGANIZATIONS IN SALEM, LYNN, AND BEVERLY. PROGRAMS FOR FAMILIES AT THE MUSEUM ARE AIMED AT FOSTERING SHARED INTERGENERATIONAL EXPERIENCES AROUND ART-BASED INQUIRY, DIALOGUE, AND CREATIVE ART-MAKING. THEY TAKE A VARIETY OF FORMS, FROM GALLERY-BASED FAMILY TOURS AND STORYTELLING FOR PRESCHOOLERS AND THEIR ADULT CAREGIVERS TO STUDIO ACTIVITIES AND LARGE-SCALE FESTIVALS THAT COMBINE PERFORMANCE, STORYTELLING, MOVEMENT, FILM, AND ART-MAKING. ALL PROGRAMS ARE FREE WITH MUSEUM ADMISSION, ELIMINATING ECONOMIC BARRIERS FOR UNDERSERVED FAMILIES. THE MUSEUM IS A FREQUENT WINNER OF THE REGIONAL BEST OF NORTH SHORE AWARD FOR BEST FAMILY HANGOUT, INCLUDING FOR 2018 AND 2019. IN 2018, THE MUSEUM OFFERED 197 FAMILY PROGRAMS FOR A COMBINED TOTAL ATTENDANCE OF 25,742 FAMILY VISITORS. THE MUSEUM'S ART & NATURE CENTER (ANC) IS DIRECTED BY THE EDUCATION DEPARTMENT. THIS GALLERY IS A DYNAMIC, INTERACTIVE EXHIBITION SPACE SPECIFICALLY TARGETED AT MULTI-GENERATIONAL AUDIENCES AND EXPLORES THE INTERSECTION BETWEEN ART AND SCIENCE THROUGH THE WORK OF CONTEMPORARY ARTISTS. ACTIVITY STATIONS, MULTIMEDIA ELEMENTS, AND A RANGE OF PROGRAM OFFERINGS, INCLUDING PROGRAMS WITH VISITING GUEST ARTISTS, PROVIDE VISITORS WITH A VARIETY OF APPROACHES FOR INVESTIGATING THE ARTWORK AND THEMES PRESENTED. ABOUT 239,505 PEOPLE ATTENDED AND EXPERIENCED THE ANC EXHIBITIONS IN 2018. ADULTS ARE SERVED BY THE MUSEUM IN A VARIETY OF WAYS TARGETED TOWARD THEIR INTERESTS, LIFE STAGES, GROUP PARTICIPATION, AND PREFERENCES. GUIDE-LED PUBLIC AND GROUP TOUR EXPERIENCES SUPPORT THE MUSEUM'S MISSION BY LEADING PARTICIPANTS IN CONVERSATIONAL, INTERACTIVE EXPLORATIONS OF PEM'S EXHIBITIONS, COLLECTION, AND CREATIVE SPACES. GUIDES HELP AUDIENCES DELVE DEEPER INTO SPECIAL EXHIBITIONS, HISTORIC HOUSES AND GARDENS, COLLECTION HIGHLIGHTS, AND SPECIAL TOPICS, ENRICHING VISITORS' UNDERSTANDINGS OF MUSEUM OBJECTS AND THEIR LINKS TO THE WIDER WORLD. OFF-SITE GUIDED PROGRAMS BRING THE MUSEUM EXPERIENCE TO COMMUNITY CENTERS AND SENIOR CENTERS IN THE AREA. A TOTAL OF 11,562 VISITORS PARTICIPATED IN GUIDE-LED TOURS IN 2018. THE EDUCATION DEPARTMENTS ALSO DEVELOPS AND IMPLEMENTS A ROBUST SCHEDULE OF UNIQUE PUBLIC PROGRAMS FOR ADULTS. IN 2018 THE MUSEUM HOSTED NEARLY 12,750 ADULTS THROUGH THESE PROGRAMS THAT RANGED FROM ARTIST DEMONSTRATIONS TO LECTURES AND SYMPOSIA, CONCERTS, FILM FESTIVALS, DANCE PERFORMANCES, LATE NIGHT CELEBRATIONS, AND ART MAKING WORKSHOPS RELATED TO THE ART AND CULTURES REPRESENTED IN THE MUSEUM'S COLLECTIONS OR EXHIBITIONS.
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 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 -818,064.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
TRUST (1)
TRUSTMAPEABODY ESSEX MUSEUM INCYes (1)
CRUTS (2)
CRUTMAPEABODY ESSEX MUSEUM INCYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd