SOLOMON R GUGGENHEIM FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SOLOMON R GUGGENHEIM FOUNDATION (EIN 13-5562233)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-13
- IRS object ID
- 202503179349302825
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-13T09:24:17-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 991856619 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 757 THIRD AVENUE 9TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100172013 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 135562233 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOLOMON R GUGGENHEIM FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOLO | BusinessNameControlTxt |
| Phone | 2123604216 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1071 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10128 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARTINE WESTERMANN | PersonNm |
| Person Title | DIRECTOR AND CEO | PersonTitleTxt |
| Phone | 2123604216 | PhoneNum |
| Signature | 2025-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIEL ROMANO | PreparerPersonNm |
| PTIN | P00504182 | PTIN |
| Phone | 2125990100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MARTINE WESTERMANN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1071 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10128 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $184,275,162 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GUGGENHEIM.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1937 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | COMMITTED TO INNOVATION, THE SOLOMON R. GUGGENHEIM FOUNDATION COLLECTS, (CONTINUED ON SCHEDULE O) | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 588 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $718,689 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $364,680 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $27,055,199 | PYContributionsGrantsAmt |
| CY Contributions Grants | $40,080,599 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $34,202,215 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $34,459,412 | CYProgramServiceRevenueAmt |
| PY Investment Income | $16,234,210 | PYInvestmentIncomeAmt |
| CY Investment Income | $10,969,130 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,105,479 | PYOtherRevenueAmt |
| CY Other Revenue | $2,691,221 | CYOtherRevenueAmt |
| PY Total Revenue | $82,597,103 | PYTotalRevenueAmt |
| CY Total Revenue | $88,200,362 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $40,845,804 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $42,925,270 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $106,705 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $133,680 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $6,132,990 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $42,073,075 | PYOtherExpensesAmt |
| CY Other Expenses | $41,823,588 | CYOtherExpensesAmt |
| PY Total Expenses | $83,025,584 | PYTotalExpensesAmt |
| CY Total Expenses | $84,882,538 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$428,481 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,317,824 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $220,937,957 | TotalAssetsBOYAmt |
| Total Assets EOY | $230,239,605 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $104,062,221 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $107,434,102 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $116,875,736 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $122,805,503 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | COMMITTED TO INNOVATION, THE SOLOMON R. GUGGENHEIM FOUNDATION (THE "FOUNDATION") COLLECTS, (CONTINUED ON SCHEDULE O) | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $26,396,111 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $34,066,430 | RevenueAmt |
| Desc | DURING 2024, THE FOUNDATION DIRECTLY OPERATED TWO MUSEUMS: THE SOLOMON R. GUGGENHEIM MUSEUM IN NEW YORK AND THE PEGGY GUGGENHEIM COLLECTION IN VENICE. BOTH MUSEUMS ARE OPEN TO THE PUBLIC, CONDUCT TOURS OF EXHIBITIONS AND PROVIDE EDUCATIONAL TEXTS FREE OF CHARGE IN FULLFILMENT OF THE FOUNDATION'S MISSION. THE GUGGENHEIM MUSEUM WAS OPEN TO THEPUBLIC ONE EVENING OF EACH WEEK ON A PAY-WHAT-YOU-WISH BASIS. CHILDREN UNDER THE AGE OF 12 ARE ADMITTED FOR FREE. (CONTINUED ON SCHEDULE O). | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $16,332,589 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | AS PART OF ITS MISSION, THE FOUNDATION COLLECTS AND PRESERVES ART FOR THE BENEFIT OF THE PUBLIC IN SEVERAL WAYS. THE FOUNDATION STUDIES THE ART IN THE FOUNDATION'S POSSESSION AND PLANS EXHIBITIONS FOR PUBLIC VIEWING. THE FOUNDATION ALSO LENDS MANY OF THE WORKS OF ART IN ITS COLLECTION TO OTHER MUSEUMS ON THE OCCASION OF SPECIAL EXHIBITIONS THAT ARE OF SCHOLARLY MERIT OR THAT WILL BROADEN THE PUBLIC'S APPRECIATION OF ART. THE FOUNDATION MAINTAINS EXTENSIVE CLIMATE-CONTROLLED, HIGHLY SECURE STORAGE FACILITIES FOR THE ART IN ITS COLLECTION. IT ALSO OPERATES A PHOTOGRAPHY STUDIO FOR THE DOCUMENTATION OF ART AND ARCHIVES TO STORE PHOTOGRAPHS OF ART AND MAKE THEM AVAILABLE TO THE PUBLIC FOR PUBLICATION OR STUDY. (CONTINUED ON SCHEDULE O) | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,801,324 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $392,982 | RevenueAmt |
| Desc | THE FOUNDATION'S EDUCATION AND PUBLIC PROGRAMMING DEPARTMENTS ENGAGED THE GENERAL PUBLIC THROUGH PROGRAMS FOR SCHOOLS, YOUTH, TEENS, FAMILY AND ADULT AUDIENCES. (CONTINUED ON SCHEDULE O). | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $7,846,114 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | DISSEMINATING CURRENT SCHOLARSHIP AND PROMOTING LEARNING ARE THE PRIMARY GOALS OF THE MANY EXHIBITION AND COLLECTION CATALOGUES PRODUCED BY THE FOUNDATION. PUBLICATIONS PRESENT SCHOLARLY AND INSTRUCTIVE ART HISTORICAL INFORMATION IN THE FORM OF ESSAYS THAT CONTEXTUALIZE ART WITHIN LARGER MOVEMENTS OR DISCIPLINES; IN-DEPTH DISCUSSIONS OF INDIVIDUAL ARTWORKS; INTERVIEWS WITH ARTISTS AND REFERENCE TOOLS SUCH AS BIBLIOGRAPHIES, BIOGRAPHIES, CHRONOLOGIES, AND EXHIBITION HISTORIES. PUBLICATIONS IN 2024 INCLUDED JENNY HOLZER: TRACE; ONLY THE YOUNG: EXPERIMENTAL ART IN KOREA: 1960S - 1970S; GOING DARK: THE CONTEMPORARY FIGURE AT THE EDGE OF VISIBILITY; AND HARMONY AND DISSONANCE:ORPHISM IN PARIS, 1910-1930.SIGNIFICANT EXHIBITION, COLLECTIONS, EDUCATION, AUDIO, VIDEO, AND CATALOGUE ARCHIVES CONTENT IS AVAILABLE TO THE PUBLIC, FREE OF CHARGE, ON GUGGENHEIM.ORG INCLUDING MORE THAN 1,900 ARTWORKS BY MORE THAN 625 ARTISTS IN THE COLLECTION ONLINE. IN 2024 THE FOUNDATION PUBLISHED 5 NEW VIDEOS AND 197 NEW AUDIO TRACKS, BRINGING THE TOTAL VIDEOS AVAILABLE ON THE SITE TO 621 AND AUDIO TRACKS TO APPROXIMATELY 2,052.ADDITIONALLY, IN 2024, THE FOUNDATION PUBLISHED 8 NEW BLOG POSTS OFFERING INSIGHTS INTO EXHIBITIONS, CONTEMPORARY ART, GLOBAL CULTURE, AND MUSEUM ARCHIVES AND HISTORY, BRINGING THE TOTAL NUMBER OF POSTS AVAILABLE ONLINE TO 1,120. IN 2024, GUGGENHEIM.ORG RECORDED 4,235,570 USER SESSIONS AND 22,459,067 PAGE VIEWS. THE GUGGENHEIM REMAINS COMMITTED TO CREATING A WELCOMING EXPERIENCE FOR ALL VISITORS BOTH ONSITE AND ONLINE. THE GUGGENHEIM DIGITAL GUIDE, AVAILABLE ON THE BLOOMBERG CONNECTS APP, CONTINUES TO PROVIDE RICH ENGAGEMENT FOR AUDIENCES. VERBAL DESCRIPTIONS ARE A CENTRAL FEATURE OF THIS EXPERIENCE AND SUPPORT ACCESSIBILITY AND INCLUSIVE STORYTELLING.IN 2024, MORE THAN 40 NEW VERBAL DESCRIPTION TRACKS WERE CREATED FOR THE EXHIBITIONS JENNY HOLZER: LIGHT LINE; BY WAY OF: MATERIAL AND MOTION IN THE GUGGENHEIM COLLECTION; HARMONY AND DISSONANCE: ORPHISM IN PARIS, 1910-1930; AND COLLECTION IN FOCUS: PIET MONDRIAN: EVER FURTHER.RECOGNIZING THAT MANY OF THE MUSEUM'S VISITORS ARE INTERNATIONAL, THE MUSEUM REMAINS COMMITTED TO A COMPREHENSIVE TRANSLATION STRATEGY. IN 2024, ITALIAN WAS ADDED AS A PRIMARY TRANSLATION LANGUAGE, ALONGSIDE SPANISH, AND THE MUSEUM ALSO INTEGRATED BLOOMBERG CONNECTS' GOOGLE TRANSLATE FEATURE TO BROADEN MULTILINGUAL ACCESS TO TEXT-BASED CONTENT. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $7,846,114 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $0 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $56,376,138 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 215 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 588 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | CJ | ForeignCountryCd |
| Foreign Country | IT | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | Yes (1) | LocalChaptersInd |
| Policies Reference Chapters | Yes (1) | PoliciesReferenceChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AZ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | LA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLETTE CHESTNUT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2123604216 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1071 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10128 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| MARTINE WESTERMANN | ||||||||||
| DIRECTOR/CEO | 40.00 | 0.00 | Yes (X) | Yes (X) | $663,303 | $0 | $283,000 | |||
| JON IMANOL AZUA | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| LISA BAKER | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| ABIGAIL WILLIAMS BARATTA | ||||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| CINDY CHUA-TAY | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| PAUL CRONSON | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DIMITRIS DASKALOPOULOS | ||||||||||
| TRUSTEE/VICE-PRESIDENT (THRU 09/24) | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| CHARLES M DIKER | ||||||||||
| TRUSTEE/VICE-PRESIDENT | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| THOMAS R ELLIS | ||||||||||
| TRUSTEE/VICE-PRESIDENT | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| GAIL MAY ENGELBERG | ||||||||||
| TRUSTEE | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| WENDY FISHER | ||||||||||
| TRUSTEE/PRESIDENT | 8.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| ANDREW GUNDLACH | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| J TOMILSON HILL | ||||||||||
| TRUSTEE/CHAIR | 8.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| FRANCESCA LAVAZZA | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| PETER LAWSON-JOHNSTON | ||||||||||
| TRUSTEE/HONORARY CHAIR | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| PETER LAWSON-JOHNSTON II | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| WILLIAM L MACK | ||||||||||
| TRUSTEE/CHAIR EMERITUS | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| WENDY L-J MCNEIL | ||||||||||
| TRUSTEE/VICE-PRESIDENT | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| MITCHELL MORGAN | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| CLAUDIA RANKINE | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| STEPHEN ROBERT | ||||||||||
| TRUSTEE/TREASURER | 5.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| BRIAN ROBINSON | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| DANIEL SALLICK | ||||||||||
| TRUSTEE (AS OF 12/24) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| HARVEY M SCHWARTZ | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| SAMIRA SINE | ||||||||||
| TRUSTEE (AS OF 12/24) | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| BARBARA SLIFKA | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| MARK R WALTER | ||||||||||
| TRUSTEE | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| FRANK YU | ||||||||||
| TRUSTEE | 2.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||||
| SARAH G AUSTRIAN | ||||||||||
| DEP DIR, GEN COUNSEL & SEC. | 40.00 | 0.00 | Yes (X) | $472,290 | $0 | $42,335 | ||||
| MARTHA WITHINGTON | ||||||||||
| DEP DIR, CFO AND INTERIM COO | 40.00 | 0.00 | Yes (X) | $472,656 | $0 | $60,681 | ||||
| DANA WALLACH JONES | ||||||||||
| ASST GEN COUNSEL/ASST SECRETARY | 24.00 | 0.00 | Yes (X) | $121,644 | $0 | $6,082 | ||||
| KAROLE VAIL | ||||||||||
| DIR, PEGGY GUGGENHEIM COLLECTION | 40.00 | 0.00 | $243,531 | $0 | $105,603 | Yes (X) | ||||
| NAOMI BECKWITH | ||||||||||
| DEP DIR & STOCKMAN CHIEF CURATOR | 40.00 | 0.00 | $412,922 | $0 | $45,415 | Yes (X) | ||||
| RONNI WEINSTEIN | ||||||||||
| ASSOCIATE GENERAL COUNSEL | 40.00 | 0.00 | $222,574 | $0 | $29,649 | Yes (X) | ||||
| COLETTE CHESTNUT | ||||||||||
| CONTROLLER | 40.00 | 0.00 | $222,282 | $0 | $24,026 | Yes (X) | ||||
| PATRICIA A JEFFERS | ||||||||||
| DEP DIR/CHIEF HR OFFICER(THRU 08/24) | 40.00 | 0.00 | $203,261 | $0 | $18,150 | Yes (X) | ||||
| TY WOODFOLK - DEP DIRCHIEF | ||||||||||
| CULTURE & INCL. OFFICER (THRU 08/24) | 40.00 | 0.00 | $262,818 | $0 | $16,888 | Yes (X) | ||||
| CYRA LEVENSON | ||||||||||
| DEP DIR&ENGELBERG DIR EDUC&PUB ENG | 40.00 | 0.00 | $246,337 | $0 | $50,178 | Yes (X) | ||||
| RICHARD ARMSTRONG | ||||||||||
| DIRECTOR EMERITUS | 0.00 | 0.00 | $737,425 | $0 | $0 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $4,281,043 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $682,007 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 49 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|
| AMS INTERNATIONAL | ||||||||
| GROSVENOR BIZ TOWERS 20TH/OFF 2011 | BARSHA HTS DUBAI | AE | CONTRACT STAFFING | $2,412,760 | ||||
| CROTHALL HEALTHCARE | ||||||||
| JANITORIAL | $1,161,061 | 1500 LIBERTY RIDGE DRIVE 210 | WAYNE | PA | 19087 | |||
| ALLIED UNIVERSAL | ||||||||
| SECURITY | $1,133,896 | 85 BROAD STREET | NEW YORK | NY | 10004 | |||
| KIBOWORKS | ||||||||
| FABRICATION | $913,025 | 9580 OAK AVE PKWY STE 7-211 | FOLSOM | CA | 95630 | |||
| FRAMESTORE | ||||||||
| CONSULTING | $609,500 | 61 BROADWAY 32ND FLOOR | NEW YORK | NY | 10006 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 31 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $3,493,742 | MembershipDuesAmt |
| Fundraising | $2,403,728 | FundraisingAmt |
| Government Grants | $557,068 | GovernmentGrantsAmt |
| All Other Contributions | $33,626,061 | AllOtherContributionsAmt |
| Noncash Contributions | $1,032,870 | NoncashContributionsAmt |
| Total Contributions | $40,080,599 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ADMISSION INCOME | 712110 | $17,316,951 | $17,316,951 |
| MUSEUM AND PROGRAM COLLABORATIONS | 712110 | $13,939,468 | $13,939,468 |
| EXHIBITIONS | 712110 | $3,202,993 | $3,202,993 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $34,459,412 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,532,598 | TotalRevenueColumnAmt |
| Exclusion | $3,532,598 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,072,550 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $343,236 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,729,314 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $118,886 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $137,783 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$18,897 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$18,897 | TotalRevenueColumnAmt |
| Exclusion | -$18,897 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $100,284,824 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $92,848,292 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,436,532 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,436,532 | TotalRevenueColumnAmt |
| Exclusion | $7,436,532 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $65,249 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $2,403,728 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $1,095,449 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,030,200 | TotalRevenueColumnAmt |
| Exclusion | -$1,030,200 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $2,327,341 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $1,993,276 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $334,065 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $375,453 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$41,388 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| CORPORATE EVENTS | 900099 | $904,926 | $904,926 |
| RESTAURANT INCOME | 900099 | $404,478 | $404,478 |
| MISCELLANEOUS INCOME | 900099 | $24,299 | $24,299 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,333,703 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $88,200,362 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $34,459,412 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $718,689 | UnrelatedBusinessRevenueAmt |
| Exclusion | $12,941,662 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,666,888 | TotalAmt |
| Program Services | $458,337 | ProgramServicesAmt |
| Management And General | $3,208,551 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $737,425 | TotalAmt |
| Management And General | $737,425 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,883,417 | TotalAmt |
| Program Services | $22,424,690 | ProgramServicesAmt |
| Management And General | $5,739,419 | ManagementAndGeneralAmt |
| Fundraising | $2,719,308 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $945,306 | TotalAmt |
| Program Services | $643,687 | ProgramServicesAmt |
| Management And General | $242,848 | ManagementAndGeneralAmt |
| Fundraising | $58,771 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,620,288 | TotalAmt |
| Program Services | $2,807,171 | ProgramServicesAmt |
| Management And General | $1,352,438 | ManagementAndGeneralAmt |
| Fundraising | $460,679 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,071,946 | TotalAmt |
| Program Services | $1,376,555 | ProgramServicesAmt |
| Management And General | $516,207 | ManagementAndGeneralAmt |
| Fundraising | $179,184 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,003,226 | TotalAmt |
| Program Services | $780,712 | ProgramServicesAmt |
| Management And General | $1,222,514 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $395,926 | TotalAmt |
| Management And General | $395,926 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,896 | TotalAmt |
| Management And General | $101,896 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,170 | TotalAmt |
| Management And General | $90,170 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,680 | TotalAmt |
| Fundraising | $133,680 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,355 | TotalAmt |
| Management And General | $160,355 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,910,019 | TotalAmt |
| Program Services | $6,195,549 | ProgramServicesAmt |
| Fundraising | $714,470 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,196,444 | TotalAmt |
| Program Services | $215,320 | ProgramServicesAmt |
| Management And General | $970,559 | ManagementAndGeneralAmt |
| Fundraising | $10,565 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,854,504 | TotalAmt |
| Program Services | $791,472 | ProgramServicesAmt |
| Management And General | $754,219 | ManagementAndGeneralAmt |
| Fundraising | $308,813 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,754,090 | TotalAmt |
| Program Services | $122,912 | ProgramServicesAmt |
| Management And General | $1,631,178 | ManagementAndGeneralAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,817 | TotalAmt |
| Program Services | $18,817 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,588,631 | TotalAmt |
| Program Services | $7,628,324 | ProgramServicesAmt |
| Management And General | $1,421,536 | ManagementAndGeneralAmt |
| Fundraising | $538,771 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,486,893 | TotalAmt |
| Program Services | $1,776,705 | ProgramServicesAmt |
| Management And General | $391,384 | ManagementAndGeneralAmt |
| Fundraising | $318,804 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,270 | TotalAmt |
| Fundraising | $136,270 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,642,130 | TotalAmt |
| Program Services | $1,363,338 | ProgramServicesAmt |
| Management And General | $200,522 | ManagementAndGeneralAmt |
| Fundraising | $78,270 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,117,156 | TotalAmt |
| Program Services | $3,418,168 | ProgramServicesAmt |
| Management And General | $502,750 | ManagementAndGeneralAmt |
| Fundraising | $196,238 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,231,483 | TotalAmt |
| Program Services | $662,023 | ProgramServicesAmt |
| Management And General | $569,460 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| ART PURCHASES | $2,654,642 | $2,654,642 | ||
| ART SHIPPING & CRATING | $1,725,914 | $1,680,598 | $37,077 | $8,239 |
| SUPPLIES AND MATERIALS | $1,345,999 | $774,044 | $559,919 | $12,036 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,409,023 | TotalAmt |
| Program Services | $583,074 | ProgramServicesAmt |
| Management And General | $1,567,057 | ManagementAndGeneralAmt |
| Fundraising | $258,892 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,882,538 | TotalAmt |
| Program Services | $56,376,138 | ProgramServicesAmt |
| Management And General | $22,373,410 | ManagementAndGeneralAmt |
| Fundraising | $6,132,990 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,872,618 | BOYAmt |
| EOY | $14,924,412 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,871,196 | BOYAmt |
| EOY | $7,942,184 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,594,909 | BOYAmt |
| EOY | $12,736,551 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,978,740 | BOYAmt |
| EOY | $2,390,114 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,004,499 | BOYAmt |
| EOY | $147,546 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,156,014 | BOYAmt |
| EOY | $336,744 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $126,501,147 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $89,516,085 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,298,470 | BOYAmt |
| EOY | $36,985,062 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,575,573 | BOYAmt |
| EOY | $127,812,564 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,673,608 | BOYAmt |
| EOY | $4,236,574 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,912,330 | BOYAmt |
| EOY | $22,727,854 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $220,937,957 | BOYAmt |
| EOY | $230,239,605 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,664,796 | BOYAmt |
| EOY | $8,308,111 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,500,003 | BOYAmt |
| EOY | $38,903,154 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,082,207 | BOYAmt |
| EOY | $32,097,172 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,815,215 | BOYAmt |
| EOY | $28,125,665 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,062,221 | BOYAmt |
| EOY | $107,434,102 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,901,531 | BOYAmt |
| EOY | -$5,485,425 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,974,205 | BOYAmt |
| EOY | $128,290,928 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $116,875,736 | BOYAmt |
| EOY | $122,805,503 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $220,937,957 | BOYAmt |
| EOY | $230,239,605 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,317,824 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,123,326 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $488,617 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,148,535 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $49,104,795 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $44,263,492 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $27,055,199 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,080,599 | CurrentTaxYearAmt |
| Total | $187,652,620 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,148,535 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $49,104,795 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $44,263,492 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $27,055,199 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,080,599 | CurrentTaxYearAmt |
| Total | $187,652,620 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $13,652,262 | SubstantialContributorsTotAmt |
| Public Support Total170 | $174,000,358 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,702,076 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,465,667 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,921,687 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,884,759 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,380,798 | CurrentTaxYearAmt |
| Total | $15,354,987 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $156,554 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $262,895 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $605,042 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $907,498 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $718,689 | CurrentTaxYearAmt |
| Total | $2,650,678 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,478,183 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,189,455 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,944,806 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,057,052 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,398,952 | CurrentTaxYearAmt |
| Total | $10,068,448 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $215,726,733 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $134,342,386 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.80660 | PublicSupportCY170Pct |
| Public Support PY170 | 0.78190 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | FUNDRAISING EVENTS - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 917,868. 2022 AMOUNT: $ 1,069,606. 2023 AMOUNT: $ 62,629. 2024 AMOUNT: $ 65,249. ART SALE PROCEEDS - 2020 AMOUNT: $ 1,005,078. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 1,126,656. 2023 AMOUNT: $ 1,529,820. 2024 AMOUNT: $ 0. CORPORATE EVENTS - 2020 AMOUNT: $ 52,500. 2021 AMOUNT: $ 164,680. 2022 AMOUNT: $ 449,630. 2023 AMOUNT: $ 852,351. 2024 AMOUNT: $ 904,926. RESTAURANT INCOME - 2020 AMOUNT: $ 417,461. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 250,847. 2023 AMOUNT: $ 404,903. 2024 AMOUNT: $ 404,478. MISCELLANEOUS INCOME - 2020 AMOUNT: $ 3,144. 2021 AMOUNT: $ 55,190. 2022 AMOUNT: $ 48,067. 2023 AMOUNT: $ 207,349. 2024 AMOUNT: $ 24,299. TAX REFUNDS/CREDITS - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 51,717. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 0. 2024 AMOUNT: $ 0. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $45,140 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $45,140 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION'S RETAINED LOBBYIST AND A LIMITED NUMBER OF FOUNDATION EMPLOYEES MET DIRECTLY WITH NEW YORK CITY PUBLIC OFFICIALS, ON A LIMITED NUMBER OF OCCASIONS, TO DISCUSS ENGAGEMENT WITH CITY ELECTED OFFICIALS AND RELATED LEGISLATIVE PROPOSALS FOR MUSEUM FUNDING. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $1 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $124,582,031 | BeginningYearBalanceAmt |
| Contributions | $16,197,588 | ContributionsAmt |
| Investment Earnings Or Losses | $12,547,925 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $13,222,245 | OtherExpendituresAmt |
| End Year Balance | $140,105,299 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $123,177,187 | BeginningYearBalanceAmt |
| Contributions | $6,189,734 | ContributionsAmt |
| Investment Earnings Or Losses | $10,784,874 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $15,569,764 | OtherExpendituresAmt |
| End Year Balance | $124,582,031 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $133,766,250 | BeginningYearBalanceAmt |
| Contributions | $11,353,253 | ContributionsAmt |
| Investment Earnings Or Losses | -$17,977,519 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,964,797 | OtherExpendituresAmt |
| End Year Balance | $123,177,187 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $130,634,540 | BeginningYearBalanceAmt |
| Contributions | $7,053,835 | ContributionsAmt |
| Investment Earnings Or Losses | $5,188,548 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $9,110,673 | OtherExpendituresAmt |
| End Year Balance | $133,766,250 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $102,669,105 | BeginningYearBalanceAmt |
| Contributions | $5,361,791 | ContributionsAmt |
| Investment Earnings Or Losses | $18,665,464 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | -$3,938,180 | OtherExpendituresAmt |
| End Year Balance | $130,634,540 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.20000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.80000 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,906,643 | OtherCostOrOtherBasisAmt |
| Book Value | $2,906,643 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $104,831,864 | OtherCostOrOtherBasisAmt |
| Depreciation | $77,484,360 | DepreciationAmt |
| Book Value | $27,347,504 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,621,406 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,103,349 | DepreciationAmt |
| Book Value | $5,518,057 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,635,827 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,865,251 | DepreciationAmt |
| Book Value | $770,576 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $505,407 | OtherCostOrOtherBasisAmt |
| Depreciation | $63,125 | DepreciationAmt |
| Book Value | $442,282 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $36,985,062 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RIGHT-OF-USE ASSET | Desc |
| Book Value | $22,727,854 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $22,727,854 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITY | Desc |
| Amt | $28,125,665 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $28,125,665 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $93,389,841 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,123,326 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $2,123,326 | RevenueNotReportedAmt |
| Revenue Subtotal | $91,266,515 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $160,355 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$3,226,508 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$3,066,153 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $88,200,362 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $86,948,766 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $3,226,508 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $3,226,508 | ExpensesNotReportedAmt |
| Expenses Subtotal | $83,722,258 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $160,355 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $999,925 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,160,280 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $84,882,538 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | IN ACCORDANCE WITH INDUSTRY PRACTICE, ART OBJECTS PURCHASED, DONATED AND BEQUEATHED ARE INCLUDED IN PERMANENTLY RESTRICTED NET ASSETS AT A VALUE OF $1. CONTRIBUTIONS FOR THE PURCHASE OF COLLECTION ITEMS, NET ASSETS RELEASED FROM RESTRICTIONS FOR COLLECTION ITEMS PURCHASED AND DIRECT CARE OF THE COLLECTION, THE COST OF ALL COLLECTION ITEMS PURCHASED AND PROCEEDS FROM THE SALE OF DEACCESSIONED ART ARE REPORTED AS CHANGES IN NET ASSETS RELATED TO COLLECTION ITEMS PURCHASED AND SOLD IN THE STATEMENT OF ACTIVITIES. |
| PART III, LINE 4: | THE FOUNDATION'S PERMANENT COLLECTION WAS FORMED IN LARGE PART THROUGH THE ACQUISITION OF NOTABLE PRIVATE COLLECTIONS, AUGMENTED BY ACQUISITIONS UNDER THE LEADERSHIP OF THE FOUNDATION'S DIRECTORS AND CURATORS, AND WITH THE SUPPORT OF THE FOUNDATION'S ACQUISITION GROUPS. THESE COLLECTIONS FORM A UNIQUE GLOBAL COLLECTION THAT REFLECTS THE RICH TRAJECTORY OF ART FROM THE LATE 19TH CENTURY THROUGH THE PRESENT. |
| PART V, LINE 4: | THE FOUNDATION'S ENDOWMENT FUNDS ARE USED FOR EDUCATIONAL PROGRAMS, IN SUPPORT OF CURATORIAL AND EDUCATION POSITIONS AND FOR ART PURCHASES, SCHOLARLY PUBLICATIONS, EXHIBITIONS, THE INTERNATIONAL FELLOWSHIP PROGRAM AT THE PGC, CONSERVATION AND COLLECTION CARE, A CONSERVATION FELLOWSHIP, AND FOR GENERAL SUPPORT OF THE FOUNDATION'S OPERATIONS. |
| PART X, LINE 2: | THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE ("THE CODE"), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED UNDER THE CODE. THE FOUNDATION'S PGC OPERATIONS ARE SUBJECT TO TAXATION IN ITALY. THE FOUNDATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED BUSINESS INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS WITH WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE FOUNDATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN ITS FINANCIAL STATEMENTS. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | COST OF GOODS SOLD -1,993,276. RENTAL EXPENSES -137,783. FUNDRAISING EXPENSES -1,095,449. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 1,993,276. RENTAL EXPENSES 137,783. FUNDRAISING EXPENSES 1,095,449. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | PENSION PLAN ADJUSTMENTS 999,925. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (11 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EUROPE (INCLUDING ICELAND & GREENLAND) | 1 | 49 | PROGRAM SERVICES | PEGGY GUGGENHEIM COLLECTION | $9,864,324 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | PROGRAM SERVICES | EXHIBITIONS | $641,187 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | 0 | 0 | PROGRAM SERVICES | GUGGENHEIM ABU DHABI | $766,393 |
| MIDDLE EAST AND NORTH AFRICA | 1 | 36 | PROGRAM SERVICES | GUGGENHEIM ABU DHABI | $2,322,932 |
| NORTH AMERICA - CANADA AND MEXICO | 0 | 0 | PROGRAM SERVICES | GUGGENHEIM ABU DHABI | $54,246 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | PROGRAM SERVICES | GUGGENHEIM ABU DHABI | $5,870 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | GUGGENHEIM ABU DHABI | $49,857 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | PROGRAM SERVICES | EXHIBITIONS | $17,596 |
| SOUTH ASIA | 0 | 0 | PROGRAM SERVICES | GUGGENHEIM ABU DHABI | $16,532 |
| SUB-SAHARAN AFRICA | 0 | 0 | PROGRAM SERVICES | GUGGENHEIM ABU DHABI | $3,847 |
| CENTRAL AMERICA AND THE CARIBBEAN | 0 | 0 | INVESTMENTS | $1,556,014 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 2 | SubtotalOfficesCnt |
| Subtotal Employees | 85 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 2 | TotalOfficeCnt |
| Total Employee | 85 | TotalEmployeeCnt |
| Subtotal Spent | $13,722,405 | SubtotalSpentAmt |
| Continuation Spent | $1,576,393 | ContinuationSpentAmt |
| Total Spent | $15,298,798 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | Yes (1) | BoycottCountriesInd |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DANILLER AND COMPANY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3724 JEFFERSON ST | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78731 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING CONSULTING | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $835,451 | GrossReceiptsAmt |
| Retained By Contractor | $133,680 | RetainedByContractorAmt |
| Net To Organization | $701,771 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $835,451 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $133,680 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $701,771 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | HI | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | ME | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MI | LicensedStatesCd |
| Licensed States | MN | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MO | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NH | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NM | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | NC | LicensedStatesCd |
| Licensed States | ND | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | TN | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | UT | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
| Licensed States | WI | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | FALL INT'L GALA | Event1Nm |
| Gross Receipts Event1 | $2,267,422 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $2,234,762 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $32,660 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $830,970 | OtherDirectExpensesEvent1Amt |
| Event2 | YCC PARTY | Event2Nm |
| Gross Receipts Event2 | $131,450 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $104,795 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $26,655 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $220,217 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 1 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $70,105 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $64,171 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $5,934 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $44,262 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $2,468,977 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $2,403,728 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $65,249 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $1,095,449 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $1,095,449 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$1,030,200 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARTINE WESTERMANN | ||||||||||||||
| DIRECTOR/CEO | $663,303 | $0 | $0 | $0 | $0 | $0 | $262,500 | $0 | $20,500 | $0 | $946,303 | $0 | $0 | $0 |
| RICHARD ARMSTRONG | ||||||||||||||
| DIRECTOR EMERITUS | $0 | $0 | $0 | $0 | $737,425 | $0 | $0 | $0 | $0 | $0 | $737,425 | $0 | $737,425 | $0 |
| MARTHA WITHINGTON | ||||||||||||||
| DEP DIR, CFO AND INTERIM COO | $472,656 | $0 | $0 | $0 | $0 | $0 | $18,975 | $0 | $41,706 | $0 | $533,337 | $0 | $0 | $0 |
| SARAH G AUSTRIAN | ||||||||||||||
| DEP DIR, GEN COUNSEL & SEC. | $472,290 | $0 | $0 | $0 | $0 | $0 | $25,875 | $0 | $16,460 | $0 | $514,625 | $0 | $0 | $0 |
| NAOMI BECKWITH | ||||||||||||||
| DEP DIR & STOCKMAN CHIEF CURATOR | $412,922 | $0 | $0 | $0 | $0 | $0 | $18,975 | $0 | $26,440 | $0 | $458,337 | $0 | $0 | $0 |
| KAROLE VAIL | ||||||||||||||
| DIR, PEGGY GUGGENHEIM COLLECTION | $243,531 | $0 | $0 | $0 | $0 | $0 | $19,482 | $0 | $86,121 | $0 | $349,134 | $0 | $0 | $0 |
| CYRA LEVENSON | ||||||||||||||
| DEP DIR&ENGELBERG DIR EDUC&PUB ENG | $246,337 | $0 | $0 | $0 | $0 | $0 | $13,933 | $0 | $36,245 | $0 | $296,515 | $0 | $0 | $0 |
| TY WOODFOLK - DEP DIRCHIEF | ||||||||||||||
| CULTURE & INCL. OFFICER (THRU 08/24) | $173,118 | $0 | $0 | $0 | $89,700 | $0 | $7,286 | $0 | $9,602 | $0 | $279,706 | $0 | $0 | $0 |
| RONNI WEINSTEIN | ||||||||||||||
| ASSOCIATE GENERAL COUNSEL | $222,574 | $0 | $0 | $0 | $0 | $0 | $12,647 | $0 | $17,002 | $0 | $252,223 | $0 | $0 | $0 |
| COLETTE CHESTNUT | ||||||||||||||
| CONTROLLER | $222,282 | $0 | $0 | $0 | $0 | $0 | $5,030 | $0 | $18,996 | $0 | $246,308 | $0 | $0 | $0 |
| PATRICIA A JEFFERS | ||||||||||||||
| DEP DIR/CHIEF HR OFFICER(THRU 08/24) | $203,261 | $0 | $0 | $0 | $0 | $0 | $4,769 | $0 | $13,381 | $0 | $221,411 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINES 4A-B | FormAndLineReferenceDesc |
| Explanation | LINE 4A: END OF SERVICE PAYMENT PURSUANT TO AN AGREEMENT, THE DEPUTY DIRECTOR AND CHIEF CULTURE AND INCLUSION OFFICER RECEIVED AN END-OF-SERVICE PAYMENT REPORTED ON SCHEDULE J, PART II, COLUMN B(III). LINE 4B: NONQUALIFIED RETIREMENT PLAN THE FORMER DIRECTOR OF THE MUSEUM AND FOUNDATION PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. ALL AMOUNTS PAID OUT ARE INCLUDED IN SCHEDULE J, PART II, COLUMN B(III). UNDER A MULTI-YEAR CONTRACTUAL AGREEMENT WITH THE DIRECTOR/CEO, SCHEDULE J, PART II, COLUMN C INCLUDES DEFERRED COMPENSATION OF $262,500. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 25 | ContributionCnt |
| Method Of Determining Revenues | N/A | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 30 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,032,870 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE FOUNDATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. |
| PART I, LINE 32B: | THE FOUNDATION ENGAGES THIRD PARTIES TO SELL DEACCESSIONED WORKS OF ART AND WORKS OF ART THAT HAVE NOT BEEN ACCESSIONED. SCHEDULE M, LINE 33: IN ACCORDANCE WITH INDUSTRY PRACTICE, ART OBJECTS PURCHASED, DONATED AND BEQUEATHED ARE INCLUDED IN PERMANENTLY RESTRICTED NET ASSETS AT A VALUE OF $1. CONTRIBUTIONS FOR THE PURCHASE OF COLLECTION ITEMS, NET ASSETS RELEASED FROM RESTRICTIONS TO PURCHASE COLLECTION ITEMS, THE COST OF ALL ART PURCHASED AND THE PROCEEDS FROM THE SALE OF ART ARE REPORTED AS CHANGES IN NET ASSETS RELATED TO COLLECTION ITEMS PURCHASED AND SOLD IN THE STATEMENT OF ACTIVITIES. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1 & PART III, LINE 1: | MISSION STATEMENT (CONTINUED) PRESERVES, AND INTERPRETS MODERN AND CONTEMPORARY ART, AND EXPLORES IDEAS ACROSS CULTURES THROUGH DYNAMIC CURATORIAL AND EDUCATIONAL INITIATIVES AND COLLABORATIONS. WITH ITS CONSTELLATION OF ARCHITECTURALLY AND CULTURALLY DISTINCT MUSEUMS, EXHIBITIONS, PUBLICATIONS, AND DIGITAL PLATFORMS, THE FOUNDATION ENGAGES BOTH LOCAL AND GLOBAL AUDIENCES. |
| FORM 990, PART III, LINE 4A (CONTINUED): | THE GUGGENHEIM ABU DHABI WILL BE LOCATED IN THE CULTURAL DISTRICT OF SAADIYAT ISLAND IN ABU DHABI, THE CAPITAL OF THE UNITED ARAB EMIRATES (UAE). DESIGNED BY INTERNATIONALLY RENOWNED ARCHITECT FRANK GEHRY, THE FUTURE MUSEUM WILL HOUSE ITS OWN MODERN AND CONTEMPORARY ART COLLECTION AND PRESENT SPECIAL EXHIBITIONS. EXHIBITIONS PRESENTED IN 2024 AT THE SOLOMON R. GUGGENHEIM MUSEUM IN NEW YORK (THE "GUGGENHEIM MUSEUM") INCLUDED: ONLY THE YOUNG: EXPERIMENTAL ART IN KOREA, 1960S-1970S (SEPTEMBER 1, 2023 TO JANUARY 7, 2024); GOING DARK: THE CONTEMPORARY FIGURE AT THE EDGE OF VISIBILITY (OCTOBER 20, 2023 TO APRIL 7, 2024); BY WAY OF: MATERIAL AND MOTION IN THE GUGGENHEIM COLLECTION (MARCH 15, 2024 TO JUNE 8, 2025); JENNY HOLZER; LIGHT LINE (MAY 17, 2024 TO SEPTEMBER 29, 2024); HARMONY AND DISSONANCE: ORPHISM IN PARIS, 1910-1930 (NOVEMBER 8, 2024 TO MARCH 9, 2025); AND COLLECTION IN FOCUS - PIET MONDRIAN: EVER FURTHER (NOVEMBER 22, 2024 TO APRIL 20, 2025). IMPRESSIONIST, POST-IMPRESSIONIST AND MODERN SELECTIONS FROM THE GUGGENHEIM MUSEUM'S THANNHAUSER COLLECTION WERE ALSO ON VIEW, INCLUDING WORKS BY DEGAS, MANET, PICASSO, AND VAN GOGH. EXHIBITIONS PRESENTED IN 2024 AT THE PEGGY GUGGENHEIM COLLECTION IN VENICE INCLUDED: MARCEL DUCHAMP AND THE LURE OF THE COPY (OCTOBER 14, 2023 TO MARCH 18, 2024); JEAN COCTEAU: THE JUGGLER'S REVENGE (APRIL 13 TO SEPTEMBER 16, 2024); AND MARINA APOLLONIO: BEYOND THE CIRCLE (OCTOBER 12, 2024 TO MARCH 3, 2025). SELECTIONS FROM THE PEGGY GUGGENHEIM COLLECTION AND THE HANNELORE B. AND RUDOLPH B. SCHULHOF COLLECTION WERE ALSO ON VIEW. EXHIBITIONS PRESENTED IN 2024 AT THE GUGGENHEIM MUSEUM BILBAO INCLUDED: PICASSO SCULPTOR. MATTER AND BODY (SEPTEMBER 29, 2023 TO JANUARY 14, 2024); GIOVANNI ANSELMO: BEYOND THE HORIZON (FEBRUARY 9 TO MAY 19, 2024); SIGNS AND OBJECTS. POP ART FROM THE GUGGENHEIM COLLECTION (FEBRUARY 16 TO SEPTEMBER 15, 2024); METAHAVEN: CHAOS THEORY (FEBRUARY 22 TO JUNE 9, 2024); JUNE CRESPO. VASCULAR (MARCH 1 TO JUNE 9, 2024); MARTHA JUNGWIRTH (JUNE 7 TO SEPTEMBER 22, 2024); ANTHONY MCALL: SPLIT SECOND (JUNE 19 TO NOVEMBER 10, 2024); YOSHITOMO NARA (JUNE 28 TO NOVEMBER 3, 2024); HILMA AF KLINT (OCTOBER 18, 2024 TO FEBRUARY 2, 2025); AND PAUL PFEIFFER: PROLOGUE TO THE STORY OF THE BIRTH OF FREEDOM (NOVEMBER 30, 2024 TO MARCH 16, 2025). SELECTIONS FROM THE GUGGENHEIM MUSEUM BILBAO COLLECTION WERE ALSO ON VIEW THROUGHOUT THE YEAR. |
| FORM 990, PART III, LINE 4B (CONTINUED): | THE FOUNDATION MAINTAINS TWO ART CONSERVATION LABS TO PROPERLY CARE FOR THE ART IN ITS POSSESSION; IT ALSO CONDUCTS RESEARCH ON NEW TECHNIQUES IN ART CONSERVATION. IN 2024, THE FOUNDATION PURCHASED 34 WORKS BY 20 ARTISTS THAT INCLUDED WORKS FROM ARTISTS THAT WERE EXHIBITED IN 2024 AND THOSE THAT WERE NEW TO THE COLLECTION CONTINUING TO FURTHER THE FOUNDATION'S COMMITMENT TO EXPANDING THE PURVIEW OF ITS INTERPRETATION AND PRESENTATION OF MODERN AND CONTEMPORARY ART. THE ACQUISITIONS COMPRISE ARTWORKS ACROSS VARIOUS MEDIUMS AND HIGHLIGHTS INCLUDE WORKS BY MANAL ALDOWAYAN, AMERICAN ARTIST, ALVARO BARRIOS, TRACEY EMIN, TIONA NEKKIA MCCLODDEN, DELCY MORELOS, LORNA SIMPSON, AND MING SMITH. 25 GIFTS OF ART WERE MADE TO THE FOUNDATION IN 2024, MANY OF WHICH ENHANCED THE FOUNDATION'S HOLDINGS OF LATIN AMERICAN ART AND INCLUDE WORKS BY TADASKIA, MADELENA SANTOS REINBOLT, VALENTINA LIERNER, LORIEL BELTRAN, AND GEGO. THE FOUNDATION RECEIVED ITS FIRST GIFT OF AN AUGMENTED REALTY WORK BY AHMET OGUT, MARKING A SIGNIFICANT MILESTONE IN THE FOUNDATION'S ACQUISITION OF DIGITAL AND INTERACTIVE ART. |
| FORM 990, PART III, LINE 4C (CONTINUED): | LEARNING THROUGH ART (LTA) IS THE FOUNDATION'S HALLMARK ARTIST-IN-RESIDENCY PROGRAM THAT SENDS EXPERIENCED TEACHING ARTISTS INTO NEW YORK CITY PUBLIC SCHOOLS WHERE THEY COLLABORATE WITH CLASSROOM TEACHERS TO DEVELOP, FACILITATE, AND INTEGRATE ART PROJECTS INTO THE SCHOOL CURRICULUM BY OFFERING NEW INSIGHTS INTO ART AND CHALLENGING STUDENTS TO THINK CRITICALLY ABOUT ART AND ITS IDEAS. DURING THE TWENTY-WEEK, IN-SCHOOL RESIDENCIES (FALL 2023-SPRING 2024), 1425 STUDENTS THROUGHOUT THE FIVE BOROUGHS EXAMINED, DISCUSSED, AND CREATED WORKS OF ART. VISITS TO THE GUGGENHEIM MUSEUM SUPPORT THE RESIDENCIES. AT THE END OF THE RESIDENCY, 225 SELECTED STUDENT WORKS WERE PRESENTED IN THE ANNUAL A YEAR WITH CHILDREN EXHIBITION HELD AT THE GUGGENHEIM MUSEUM. IN 2024, PROGRAMS FOR TEENS BETWEEN THE AGES OF 13 TO 18 YEARS ENGAGED 3,046 TEENS IN THE GUGG TEENS COLLABORATIVE, TEEN TUESDAYS, TEEN FEST AND THE ART DETECTIVES SUMMER PROGRAM THAT FOCUSES ON ART CONSERVATION. OVER 100 INDIVIDUALS ATTENDED ART CAMPS FOR CHILDREN, TEENS AND FAMILIES DURING SEASONAL BREAKS AND HOLIDAYS PROVIDING HANDS-ON-ART-MAKING WORKSHOPS. THE FOUNDATION ALSO CONTINUED ITS COMMITMENT TO ACCESSIBILITY FOR VISITORS WITH DISABILITIES WITH THE GUGGENHEIM FOR ALL PROGRAMMING WHICH AIMS TO PROVIDE A DEVELOPMENTALLY SOUND MUSEUM EXPERIENCE AND ART-MAKING OPPORTUNITY FOR STUDENTS ON THE AUTISM SPECTRUM. THE FOUNDATION ALSO WELCOMED OVER 6,500 K-12 STUDENTS AND CHAPERONES AND UNIVERSITY STUDENTS FOR ON-SITE TOURS. THE FOUNDATION'S MIND'S EYE PROGRAMS ARE DESIGNED TO EXPAND ACCESS TO WORKS OF ART THROUGH MULTISENSORY EXPLORATION WITH TOURS AND WORKSHOPS DESIGNED FOR VISITORS WHO ARE BLIND OR HAVE LOW VISION. THE PROGRAMS ARE CONDUCTED BY ARTS AND EDUCATION PROFESSIONALS THROUGH VERBAL DESCRIPTION AUDIO GUIDES, CONVERSATIONS, SENSORY EXPERIENCES AND CREATIVE PRACTICE. OVER 100 INDIVIDUALS PARTICIPATED IN ONLINE, MULT-SESSION PROGRAMS ROOTED IN ART, ARCHITECTURE AND CREATIVE PRACTICE INCLUDING COLOR THEORY, STILL LIFE AND DRAWING COURSES. THE FOUNDATION'S PUBLIC PROGRAMS DEPARTMENT SAW OVER 4,000 VISITORS ATTENDING LECTURES, SYMPOSIA, PERFORMANCES AND OTHER PROGRAMS THROUGHOUT 2024, INCLUDING ITS POPULAR LATE SHIFT, AN AFTER-HOURS EXPERIENCE FOR ATTENDEES EXPLORE THE MUSEUM'S GALLERIES AND PARTICIPATE IN CURATED INTERACTIVE EXPERIENCES, AND PROGRAMS IN CONNECTION WITH THE POET-IN-RESIDENCE INITIATIVE SPONSORED BY VAN CLEEF & ARPELS AND PRESENTED IN COLLABORATION WITH THE ACADEMY OF AMERICAN POETS. |
| FORM 990, PART VI, SECTION A, LINE 1A | THE FOUNDATION'S BY-LAWS PROVIDE THAT THE EXECUTIVE COMMITTEE MAY EXERCISE ALL OF THE POWERS OF THE BOARD OF TRUSTEES DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD, EXCEPT: (1) THE POWER TO ELECT OR REMOVE TRUSTEES OR OFFICERS ELECTED BY THE TRUSTEES, (2) THE POWER TO FILL VACANCIES WHICH MAY OCCUR IN THE BOARD OF TRUSTEES OR IN ANY COMMITTEE, (3) THE FIXING OF COMPENSATION OF TRUSTEES FOR SERVING ON THE BOARD OF TRUSTEES OR ANY COMMITTEE, (4) THE AMENDMENT OR REPEAL OF THE BY-LAWS OR THE ADOPTION OF NEW BY-LAWS, (5) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD OF TRUSTEES WHICH BY ITS TERMS SHALL NOT BE SO AMENDABLE OR REPEATABLE, (6) THE APPROVAL OF A MERGER OR PLAN OF DISSOLUTION, (7) THE AUTHORIZATION OF THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE FOUNDATION, AND (8) THE APPROVAL OF AMENDMENTS TO THE CHARTER OF THE FOUNDATION. ON DECEMBER 31, 2024, THERE WERE 8 MEMBERS OF THE EXECUTIVE COMMITTEE. THERE ARE NO MEMBERS OF THE EXECUTIVE COMMITTEE WHO ARE NOT TRUSTEES. |
| FORM 990, PART VI, SECTION A, LINE 2 | PETER LAWSON-JOHNSTON, WENDY L-J. MCNEIL AND PETER LAWSON-JOHNSTON II, FAMILY RELATIONSHIP; PETER LAWSON-JOHNSTON II AND MARK WALTER, BUSINESS RELATIONSHIP; LISA BAKER AND WILLIAM MACK, BUSINESS RELATIONSHIP; ANDREW GUNDLACH AND J. TOMILSON HILL, BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FOUNDATION'S FORM 990 IS PREPARED BY AN EXTERNAL ACCOUNTING FIRM WITH THE SUPPORT OF THE FOUNDATION'S FINANCE AND LEGAL DEPARTMENTS. IT IS THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE DEPUTY DIRECTOR, GENERAL COUNSEL AND SECRETARY. THE DRAFT OF FORM 990 IS THEN DISTRIBUTED TO THE AUDIT AND EXECUTIVE COMMITTEE MEMBERS AND A MEETING IS HELD WITH THE AUDIT AND EXECUTIVE COMMITTEES FOR FINAL REVIEW AND APPROVAL. THE FORM 990 IS THEN DISTRIBUTED TO THE BOARD OF TRUSTEES PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | PURSUANT TO THE CONFLICT OF INTEREST POLICY FOR TRUSTEES AND OFFICERS, TRUSTEES AND OFFICERS DISCLOSE ANNUALLY IN WRITING ANY POTENTIAL OR ACTUAL CONFLICTS AND ARE REQUIRED TO DISCLOSE ANY CONFLICTS THAT ARISE DURING THE YEAR. PROSPECTIVE TRUSTEES ARE ALSO REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS. THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE DISCLOSURES TOGETHER WITH THE DEPUTY DIRECTOR, GENERAL COUNSEL AND SECRETARY. PURSUANT TO THE CODE OF ETHICS, EMPLOYEES MUST DISCLOSE ANY TRANSACTIONS OR RELATIONSHIPS THAT MAY GIVE RISE TO A POTENTIAL OR ACTUAL CONFLICT OF INTEREST WITH THE FOUNDATION. IN ADDITION, EMPLOYEES CONSIDERING ENTERING INTO ANY SUCH TRANSACTION OR RELATIONSHIP MUST OBTAIN ADVANCE APPROVAL FROM EITHER THE EMPLOYEE'S SUPERVISOR OR THE ETHICS COMMITTEE, IN ACCORDANCE WITH THE CODE OF ETHICS. ALL NEW HIRES ARE PRESENTED WITH THE CODE OF ETHICS, WHICH IS ALSO AVAILABLE ELECTRONICALLY ON THE FOUNDATION'S INTRANET. HIGHLIGHTS OF THE POLICY ARE DISCUSSED DURING NEW HIRE ORIENTATION. ALL NEW EMPLOYEES ARE ASKED TO SIGN A STATEMENT ATTESTING TO THE FACT THAT THEY HAVE BEEN GIVEN A COPY OF THE CODE OF ETHICS, THAT IT HAS BEEN EXPLAINED TO THEM, AND THAT THEY ARE RESPONSIBLE FOR ADHERING TO IT. THE DIRECTOR, THE CHIEF OPERATING OFFICER AND THE DEPUTY DIRECTOR, GENERAL COUNSEL AND SECRETARY MUST DISCLOSE TO THE AUDIT COMMITTEE ANY TRANSACTION OR RELATIONSHIP THAT MAY GIVE RISE TO A CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CHARTER FOR THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES DESCRIBES THE PROCESS THE COMMITTEE USES FOR DETERMINING THE COMPENSATION OF THE DIRECTOR AND CHIEF EXECUTIVE OFFICER OF THE FOUNDATION AND THE FOLLOWING OFFICERS AND KEY EMPLOYEES: (1) DIRECTOR OF THE PEGGY GUGGENHEIM COLLECTION, (2) DEPUTY DIRECTOR, CHIEF FINANCIAL OFFICER AND INTERIM CHIEF OPERATING OFFICER, (3) DEPUTY DIRECTOR AND JENNIFER AND DAVID STOCKMAN CHIEF CURATOR, (4) DEPUTY DIRECTOR, GENERAL COUNSEL AND SECRETARY, AND (5) DEPUTY DIRECTOR, CHIEF DEVELOPMENT OFFICER. THAT PROCESS INCLUDES: (1) REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE; (2) THE USE OF COMPARABILITY DATA; AND (3) CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATIONS AND DECISIONS WHICH ARE REFLECTED IN THE MINUTES OF THE COMPENSATION COMMITTEE MEETINGS. MEMBERS OF THE COMPENSATION COMMITTEE ONLY INCLUDE TRUSTEES OF THE FOUNDATION AND NO EMPLOYEES. THE PROCESS WAS LAST UNDERTAKEN FOR THE DIRECTOR AND CHIEF EXECUTIVE OFFICER OF THE FOUNDATION IN 2023 AND FOR THE ABOVE-NAMED OFFICERS AND KEY EMPLOYEES IN 2024. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY FOR TRUSTEES AND OFFICERS, AND FORMS 1023 AND 990-T ARE AVAILABLE UPON REQUEST. THE FOUNDATION'S FORM 990 AND AUDITED FINANCIALS ARE AVAILABLE ON THE FOUNDATION'S WEBSITE. |
| FORM 990, PART XI, LINE 9: | PENSION PLAN ADJUSTMENTS 999,925. FOREIGN CURRENCY TRANSLATION ADJUSTMENT -511,308. |
| IN 2019, THE FASB UPDATED THE DEFINITION OF COLLECTIONS (ASU 2019-03 | TOPIC 958) TO PERMIT THE USE OF SALES PROCEEDS FROM DEACCESSIONED COLLECTION ITEMS FOR THE DIRECT CARE OF THE COLLECTION, IN ADDITION TO THE ACQUISITION OF NEW COLLECTION ITEMS. THE FOUNDATION'S COLLECTION MANAGEMENT POLICY IS IN ALIGNMENT WITH FASB, ASSOCIATION OF ART MUSEUM DIRECTORS GUIDELINES, AND NEW YORK LAW. DURING 2024 THE FOUNDATION USED $194,789 OF FUNDS FROM DEACCESSIONING TO SUPPORT THE DIRECT CARE OF THE COLLECTION. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GUGGENHEIMCOM INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1071 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10128 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 134113745 | EIN |
| Primary Activities | CEASED OPS | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C | EntityTypeTxt |
| Ownership | 0.55000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |