THE METROPOLITAN MUSEUM OF ART: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- THE METROPOLITAN MUSEUM OF ART (EIN 13-1624086)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2019-02-07
- IRS object ID
- 201920389349300742
- Schema version
- 2017v2.3
- 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 I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-02-07T13:58:26-06:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 13TH STREET NW | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20005 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131624086 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | METROPOLITAN MUSEUM OF ART | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CONTROLLER'S OFFICE | InCareOfNm |
| Business Name Control | METR | BusinessNameControlTxt |
| Phone | 2128795500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMESON KELLEHER | PersonNm |
| Person Title | VP, CFO & TREASURER | PersonTitleTxt |
| Phone | 2125703794 | PhoneNum |
| Signature | 2019-02-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TRAVIS L PATTON | PreparerPersonNm |
| PTIN | P00369623 | PTIN |
| Phone | 2024141000 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 155.201.188.32 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 13049920190385000000 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-02-07 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 2D7305B4E35901339563769F0CAE0EB1A428AE03 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 516D56584C8721CB90688FEC2E2074CC39FA3672 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Daniel Weiss | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,210,558,133 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.METMUSEUM.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1870 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | THE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES; SEE SCHEDULE O FOR MORE DETAILS | ActivityOrMissionDesc |
| Voting Members Governing Body | 43 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 42 | VotingMembersIndependentCnt |
| Total Employee | 2547 | TotalEmployeeCnt |
| Total Volunteers | 1358 | TotalVolunteersCnt |
| Total Gross UBI | -$5,325,359 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $312,492,656 | PYContributionsGrantsAmt |
| CY Contributions Grants | $279,348,687 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $6,836,283 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,530,162 | CYProgramServiceRevenueAmt |
| PY Investment Income | $210,276,410 | PYInvestmentIncomeAmt |
| CY Investment Income | $249,108,489 | CYInvestmentIncomeAmt |
| PY Other Revenue | $44,147,326 | PYOtherRevenueAmt |
| CY Other Revenue | $37,811,505 | CYOtherRevenueAmt |
| PY Total Revenue | $573,752,675 | PYTotalRevenueAmt |
| CY Total Revenue | $574,798,843 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $3,443,793 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,704,214 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $205,908,994 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $198,017,360 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $192,435 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $237,371 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $13,809,106 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $220,278,456 | PYOtherExpensesAmt |
| CY Other Expenses | $291,214,167 | CYOtherExpensesAmt |
| PY Total Expenses | $429,823,678 | PYTotalExpensesAmt |
| CY Total Expenses | $492,173,112 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $143,928,997 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $82,625,731 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,183,398,721 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,364,352,710 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $749,102,705 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $692,348,797 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,434,296,016 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,672,003,913 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES IN ORDER TO CONNECT PEOPLE TO CREATIVITY, KNOWLEDGE, AND IDEAS. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $161,022,777 | ExpenseAmt |
| Grant | $2,704,214 | GrantAmt |
| Revenue | $6,891,775 | RevenueAmt |
| Desc | CURATORIAL DEPARTMENTS, INCLUDING OPERATION OF THE CLOISTERS OPERATIONS OF BREUER, CONSERVATION, CATALOGUING AND SCHOLARLY PUBLICATIONS (INCLUDES FELLOWSHIP AWARDS AND TRAVEL STIPENDS IN THE AMOUNT OF $2,218,365) - SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $89,480,764 | ExpenseAmt |
| Revenue | $2,115,470 | RevenueAmt |
| Desc | ACQUISITIONS AND SALES OF ART - SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $74,962,221 | ExpenseAmt |
| Desc | GUARDIANSHIP AND MAINTENANCE OF THE MUSEUM AND ITS ART COLLECTION - SEE SCHEDULE O FOR MORE INFORMATION | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (10 entries)
| ExpenseExpenseAmt | DescDesc | RevenueRevenueAmt |
|---|---|---|
| $25,532,473 | OPERATION OF RESTAURANTS | |
| $18,411,994 | SPECIAL EXHIBITIONS | |
| $14,883,298 | EDUCATION AND LIBRARIES | |
| $15,493,452 | OPERATING SERVICES | |
| $6,534,499 | COMMUNICATIONS | $229,391 |
| $4,011,320 | MEMBERSHIP | |
| $2,419,284 | OPERATION OF AUDITORIUM | $1,408,996 |
| $1,484,540 | OPERATION OF PARKING GARAGE | |
| $2,168,247 | CORPORATE EVENTS & FUNDRAISING | $701,626 |
| $2,775,224 | RETAIL Operations | $2,481,056 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $93,714,331 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $4,821,069 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $419,180,093 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (true) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 781 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 2547 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | EG | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | Yes (true) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 1 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 43 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 42 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | 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 | 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 | 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 | 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 | OH | 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 | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CONTROLLER'S OFFICE | PersonNm |
| Phone | 2128795500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1000 FIFTH AVENUE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100280198 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (69 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 | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| Daniel Brodsky | |||||||||
| Elective Trustee & Chairman | 5.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Russell L Carson | |||||||||
| Elective Trustee & Vice Chair | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Richard L Chilton Jr | |||||||||
| Elective Trustee & Vice Chair | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Lulu C Wang | |||||||||
| Elective Trustee & Vice Chair | 2.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Charles N Atkins | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Candace K Beinecke | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Debra Black | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Samantha Boardman | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| James Breyer | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Wellington Z Chen | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| N Anthony Coles | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Stephen M Cutler | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Blair Effron | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Mark Fisch | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Marina Kellen French | |||||||||
| Elective Trustee to 9/17 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Colvin Grannum | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jeffrey W Greenberg | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Caroline Diamond Harrison | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| J Tomilson Hill | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Bonnie B Himmelman | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Hamilton E James | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Michael ByungJu Kim | |||||||||
| Elective Trustee from 9/17 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Philip F Maritz | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Howard Marks | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Bijan Mossavar-Rahmani | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| John Paulson | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Jeffrey M Peek | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Sir Paul Ruddock | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Bonnie J Sacerdote | |||||||||
| Elective Trustee to 9/17 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Alvaro Saieh | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Alejandro Santo Domingo | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Andrew M Saul | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| James E Shipp | |||||||||
| Elective Trustee to 9/17 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Andrew Solomon | |||||||||
| Elective Trustee | 2.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Beatrice Stern | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Ann G Tenenbaum | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Merryl H Tisch | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Mathew M Wambua | |||||||||
| Elective Trustee from 5/18 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Barrie A Wigmore | |||||||||
| Elective Trustee to 9/17 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Anna Wintour | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Dasha Zhukova | |||||||||
| Elective Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Bill de Blasio | |||||||||
| Ex-Officio Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Melissa Mark-Viverito | |||||||||
| Ex-Officio Trustee to 1/18 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Corey Johnson | |||||||||
| Ex-Officio Trustee to 1/18 | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Mitchell J Silver | |||||||||
| Ex-Officio Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Tom Finkelpearl | |||||||||
| Ex-Officio Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Scott Stringer | |||||||||
| Ex-Officio Trustee | 1.0 | 0.0 | Yes (X) | $0 | $0 | $0 | |||
| Thomas P Campbell | |||||||||
| Director to 7/17, Ex-Off. Trus | 35.0 | 0.0 | Yes (X) | $2,690,207 | $0 | $326,805 | |||
| Daniel H Weiss | |||||||||
| President/CEO, Ex-Off. Trustee | 35.0 | 0.0 | Yes (X) | $957,815 | $0 | $48,034 | |||
| Clyde B Jones III | |||||||||
| SVP Inst. Advancement | 35.0 | 0.0 | Yes (X) | $490,005 | $0 | $35,858 | |||
| Carrie R Barratt | |||||||||
| Deputy Dir Collections to 6/18 | 35.0 | 0.0 | Yes (X) | $726,736 | $0 | $47,403 | |||
| Quincy K Houghton | |||||||||
| Deputy Dir of Exhibitions | 35.0 | 0.0 | Yes (X) | $326,274 | $0 | $47,242 | |||
| Sharon H Cott | |||||||||
| SVP, Sec & Gen Counsel | 35.0 | 0.0 | Yes (X) | $442,280 | $0 | $47,372 | |||
| Jameson Kelleher | |||||||||
| VP, CFO & Treasurer | 35.0 | 0.0 | Yes (X) | $380,839 | $0 | $47,469 | |||
| Tom Javits | |||||||||
| VP Construction & Facilities | 35.0 | 0.0 | Yes (X) | $361,907 | $0 | $47,186 | |||
| Rich Pedott | |||||||||
| VP & Gnl Mgr Merch from 7/17 | 35.0 | 0.0 | Yes (X) | $408,751 | $0 | $34,791 | |||
| Debra A McDowell | |||||||||
| VP Human Resources to 10/17 | 35.0 | 0.0 | Yes (X) | $518,566 | $0 | $33,783 | |||
| Allison Rutledge-Parisi | |||||||||
| VP/Chief HR Officer from 8/17 | 35.0 | 0.0 | Yes (X) | $176,595 | $0 | $17,061 | |||
| Kenneth N Weine | |||||||||
| VP/Chief Comm Off. from 1/17 | 35.0 | 0.0 | Yes (X) | $323,878 | $0 | $41,813 | |||
| Suzanne E Brenner | |||||||||
| SVP/Chief Invest Off. to 11/17 | 35.0 | 0.0 | Yes (X) | $1,236,865 | $0 | $47,133 | |||
| Lauren A Meserve | |||||||||
| Chief Investment Officer | 35.0 | 0.0 | Yes (X) | $1,142,025 | $0 | $328,127 | |||
| Jeffrey Spar | |||||||||
| VP Tech & Chief Tech Officer | 35.0 | 0.0 | Yes (X) | $357,018 | $0 | $47,391 | |||
| Linda M Sylling | |||||||||
| Spec Ex/Gal Instl Mgr to 12/16 | 35.0 | 0.0 | $366,256 | $0 | $13,934 | Yes (X) | |||
| Justin V Reed | |||||||||
| Investment Officer | 35.0 | 0.0 | $349,845 | $0 | $28,091 | Yes (X) | |||
| Chiara Ponticelli | |||||||||
| General Merchandise Manager | 35.0 | 0.0 | $296,206 | $0 | $25,038 | Yes (X) | |||
| Keith R Christiansen | |||||||||
| Chairman, European Paintings | 35.0 | 0.0 | $296,894 | $0 | $46,808 | Yes (X) | |||
| Stephen A Manzi | |||||||||
| Chief Develop Officer Indiv | 35.0 | 0.0 | $294,008 | $0 | $47,092 | Yes (X) | |||
| Will Manzer | |||||||||
| VP & Gnl Mgr Merch to 6/17 | 35.0 | 0.0 | $283,157 | $0 | $22,806 | Yes (X) | |||
| Elyse Topalian | |||||||||
| VP for Communications to 6/17 | 35.0 | 0.0 | $423,467 | $0 | $23,737 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $12,849,594 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,404,974 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 306 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BEYER BLINDER BELLE ARCHITECTSPLAN | |||||
| 120 BROADWAY | NEW YORK | NY | 10271 | ARCHITECTURAL SVCS | $4,701,748 |
| SHAWMUT DESIGN AND CONSTRUCTION | |||||
| 560 HARRISON AVENUE | BOSTON | MA | 02118 | CONSTRUCTION MANAGER | $4,413,479 |
| ISLAND ACCOUSTICS LLC | |||||
| 518 JOHNSON AVENUE | BOHEMIA | NY | 11716 | CONSTRUCTION MANAGER | $3,492,342 |
| SCIAME CONSTRUCTION LLC | |||||
| 14 WALL STREET 2-L | NEW YORK | NY | 10005 | CONSTRUCTION MANAGER | $2,394,617 |
| RC DOLNER LLC | |||||
| 307 5TH AVENUE 3RD FLOOR | NEW YORK | NY | 10016 | CONSTRUCTION MANAGER | $1,886,820 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 92 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $28,649,667 | MembershipDuesAmt |
| Fundraising | $24,035,308 | FundraisingAmt |
| Government Grants | $12,084,256 | GovernmentGrantsAmt |
| All Other Contributions | $214,579,456 | AllOtherContributionsAmt |
| Noncash Contributions | $21,598,084 | NoncashContributionsAmt |
| Total Contributions | $279,348,687 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| EDUCATIONAL PRGMS, CONCERTS & LECTURES | 532000 | $8,300,771 | $6,985,827 | $1,314,944 |
| PHOTO RENTALS & FILM FEES | 532000 | $229,391 | $229,391 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,530,162 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $32,543,374 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$12,266,952 | UnrelatedBusinessRevenueAmt |
| Exclusion | $44,810,326 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $114,198 | TotalRevenueColumnAmt |
| Exclusion | $114,198 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $797,101,059 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $580,535,944 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $216,565,115 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $216,565,115 | TotalRevenueColumnAmt |
| Exclusion | $216,565,115 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $1,070,827 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $24,035,308 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $6,631,377 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$5,560,550 | TotalRevenueColumnAmt |
| Exclusion | -$5,560,550 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $51,424,330 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $48,591,969 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,832,361 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,481,056 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $351,305 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|---|
| CORPORATE EVENTS | 812930 | $3,141,022 | $701,626 | $2,439,396 | |
| PARKING GARAGE | 812930 | $2,718,441 | $2,718,441 | ||
| RESTAURANT | 561499 | $32,450,563 | $2,606,557 | $29,844,006 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,115,470 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,115,470 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $40,425,496 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $574,798,843 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,283,979 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$5,325,359 | UnrelatedBusinessRevenueAmt |
| Exclusion | $288,491,536 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,683,589 | TotalAmt |
| Program Services | $2,683,589 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,625 | TotalAmt |
| Program Services | $20,625 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,216,385 | TotalAmt |
| Program Services | $5,514,377 | ProgramServicesAmt |
| Management And General | $5,212,003 | ManagementAndGeneralAmt |
| Fundraising | $490,005 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,637,196 | TotalAmt |
| Program Services | $107,036,345 | ProgramServicesAmt |
| Management And General | $6,946,874 | ManagementAndGeneralAmt |
| Fundraising | $5,653,977 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,074,296 | TotalAmt |
| Program Services | $14,919,596 | ProgramServicesAmt |
| Management And General | $1,587,227 | ManagementAndGeneralAmt |
| Fundraising | $567,473 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,517,428 | TotalAmt |
| Program Services | $35,263,355 | ProgramServicesAmt |
| Management And General | $3,910,692 | ManagementAndGeneralAmt |
| Fundraising | $1,343,381 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,572,055 | TotalAmt |
| Program Services | $8,364,104 | ProgramServicesAmt |
| Management And General | $889,819 | ManagementAndGeneralAmt |
| Fundraising | $318,132 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,715,131 | TotalAmt |
| Program Services | $170,942 | ProgramServicesAmt |
| Management And General | $1,544,189 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $538,320 | TotalAmt |
| Management And General | $538,320 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,122 | TotalAmt |
| Program Services | $91,122 | ProgramServicesAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $237,371 | TotalAmt |
| Fundraising | $237,371 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,828,317 | TotalAmt |
| Management And General | $19,828,317 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,399,852 | TotalAmt |
| Program Services | $7,464,774 | ProgramServicesAmt |
| Management And General | $4,646,110 | ManagementAndGeneralAmt |
| Fundraising | $1,288,968 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,056,689 | TotalAmt |
| Program Services | $6,356,358 | ProgramServicesAmt |
| Management And General | $92,161 | ManagementAndGeneralAmt |
| Fundraising | $608,170 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,418,473 | TotalAmt |
| Program Services | $37,172,168 | ProgramServicesAmt |
| Management And General | $2,127,146 | ManagementAndGeneralAmt |
| Fundraising | $2,119,159 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,781,404 | TotalAmt |
| Program Services | $824,303 | ProgramServicesAmt |
| Management And General | $1,726,996 | ManagementAndGeneralAmt |
| Fundraising | $230,105 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,774 | TotalAmt |
| Program Services | $1,774 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,189,302 | TotalAmt |
| Program Services | $6,050,261 | ProgramServicesAmt |
| Management And General | $138,841 | ManagementAndGeneralAmt |
| Fundraising | $200 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,259,183 | TotalAmt |
| Program Services | $2,926,629 | ProgramServicesAmt |
| Management And General | $160,808 | ManagementAndGeneralAmt |
| Fundraising | $171,746 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $459,138 | TotalAmt |
| Program Services | $317,772 | ProgramServicesAmt |
| Management And General | $113,003 | ManagementAndGeneralAmt |
| Fundraising | $28,363 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,927,584 | TotalAmt |
| Program Services | $11,636,842 | ProgramServicesAmt |
| Management And General | $1,290,742 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,692,527 | TotalAmt |
| Program Services | $44,182,011 | ProgramServicesAmt |
| Management And General | $6,376,795 | ManagementAndGeneralAmt |
| Fundraising | $133,721 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,557,889 | TotalAmt |
| Program Services | $1,887,275 | ProgramServicesAmt |
| Management And General | $670,614 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PURCHASES OF ART | $89,480,763 | $89,480,763 | ||
| RESTAURANT SERVICES & SUPPLIES | $28,778,502 | $28,778,502 | ||
| REPAIRS & MAINTENANCE | $3,532,740 | $3,519,587 | $13,153 | |
| CATERING SERVICES | $4,005,250 | $3,113,647 | $332,343 | $559,260 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,500,207 | TotalAmt |
| Program Services | $1,403,372 | ProgramServicesAmt |
| Management And General | $1,037,760 | ManagementAndGeneralAmt |
| Fundraising | $59,075 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $492,173,112 | TotalAmt |
| Program Services | $419,180,093 | ProgramServicesAmt |
| Management And General | $59,183,913 | ManagementAndGeneralAmt |
| Fundraising | $13,809,106 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,777,494 | BOYAmt |
| EOY | $34,282,316 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $202,602,890 | BOYAmt |
| EOY | $134,012,172 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,729,116 | BOYAmt |
| EOY | $11,281,301 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,113,639 | BOYAmt |
| EOY | $9,055,056 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,912,363 | BOYAmt |
| EOY | $6,937,539 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,133,735,328 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $762,910,088 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $393,462,351 | BOYAmt |
| EOY | $370,825,240 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,604,459,356 | BOYAmt |
| EOY | $2,788,965,792 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $829,025,594 | BOYAmt |
| EOY | $939,876,765 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $72,315,918 | BOYAmt |
| EOY | $69,116,529 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,183,398,721 | BOYAmt |
| EOY | $4,364,352,710 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $75,662,875 | BOYAmt |
| EOY | $69,664,822 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,328,692 | BOYAmt |
| EOY | $6,153,488 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $171,422,365 | BOYAmt |
| EOY | $164,139,130 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,675,000 | BOYAmt |
| EOY | $12,365,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $248,666,806 | BOYAmt |
| EOY | $246,710,085 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $226,346,967 | BOYAmt |
| EOY | $193,316,272 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $749,102,705 | BOYAmt |
| EOY | $692,348,797 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $839,340,568 | BOYAmt |
| EOY | $964,277,996 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,535,971,088 | BOYAmt |
| EOY | $1,617,827,759 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,058,984,360 | BOYAmt |
| EOY | $1,089,898,158 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,434,296,016 | BOYAmt |
| EOY | $3,672,003,913 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,183,398,721 | BOYAmt |
| EOY | $4,364,352,710 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $82,625,731 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $86,788,254 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $68,293,912 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | 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 | $294,489,132 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $255,926,608 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $259,945,100 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $312,492,656 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $279,348,687 | CurrentTaxYearAmt |
| Total | $1,402,202,183 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,278,239 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,715,169 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,715,465 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $14,667,793 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,908,833 | CurrentTaxYearAmt |
| Total | $82,285,499 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $309,767,371 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $272,641,777 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $277,660,565 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $327,160,449 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $297,257,520 | CurrentTaxYearAmt |
| Total | $1,484,487,682 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $102,801,773 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,381,685,909 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $49,728,101 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,474,530 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $38,288,913 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,412,992 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $44,924,524 | CurrentTaxYearAmt |
| Total | $215,829,060 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,402,549 | CurrentTaxYearMinus4YearsAmt |
| Total | $10,402,549 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,710,719,291 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $377,491,063 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.80766 | PublicSupportCY170Pct |
| Public Support PY170 | 0.81467 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $20,948 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $321,760 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $342,708 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $547,053,326 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $547,396,034 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Lbbyng Grassroot Mns Non Tx | TotLbbyngGrassrootMnsNonTxGrp | |
| Tot Lbby Expend Mns Lbbyng Non Tx | TotLbbyExpendMnsLbbyngNonTxGrp |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $333,119 | CurrentYearMinus3Amt |
| Current Year Minus2 | $339,239 | CurrentYearMinus2Amt |
| Current Year Minus1 | $342,462 | CurrentYearMinus1Amt |
| Current Year | $342,708 | CurrentYearAmt |
| Total | $1,357,528 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $18,573 | CurrentYearMinus3Amt |
| Current Year Minus2 | $18,989 | CurrentYearMinus2Amt |
| Current Year Minus1 | $19,448 | CurrentYearMinus1Amt |
| Current Year | $20,948 | CurrentYearAmt |
| Total | $77,958 | TotalAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp | |
| 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 | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,893,395,137 | BeginningYearBalanceAmt |
| Contributions | $39,032,474 | ContributionsAmt |
| Investment Earnings Or Losses | $330,683,094 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,156,563 | GrantsOrScholarshipsAmt |
| Other Expenditures | $118,020,305 | OtherExpendituresAmt |
| End Year Balance | $3,141,933,837 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,523,689,299 | BeginningYearBalanceAmt |
| Contributions | $106,501,247 | ContributionsAmt |
| Investment Earnings Or Losses | $388,580,757 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,998,554 | GrantsOrScholarshipsAmt |
| Other Expenditures | $122,377,612 | OtherExpendituresAmt |
| End Year Balance | $2,893,395,137 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,700,466,038 | BeginningYearBalanceAmt |
| Contributions | $20,417,352 | ContributionsAmt |
| Investment Earnings Or Losses | -$26,064,305 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,149,811 | GrantsOrScholarshipsAmt |
| Other Expenditures | $167,979,975 | OtherExpendituresAmt |
| End Year Balance | $2,523,689,299 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,656,291,524 | BeginningYearBalanceAmt |
| Contributions | $55,893,860 | ContributionsAmt |
| Investment Earnings Or Losses | $131,623,264 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,949,425 | GrantsOrScholarshipsAmt |
| Other Expenditures | $140,393,185 | OtherExpendituresAmt |
| End Year Balance | $2,700,466,038 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,371,491,241 | BeginningYearBalanceAmt |
| Contributions | $38,131,683 | ContributionsAmt |
| Investment Earnings Or Losses | $384,102,896 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,940,410 | GrantsOrScholarshipsAmt |
| Other Expenditures | $134,493,886 | OtherExpendituresAmt |
| End Year Balance | $2,656,291,524 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.30130 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.69870 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,015,000 | OtherCostOrOtherBasisAmt |
| Book Value | $1,015,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $38,717,877 | OtherCostOrOtherBasisAmt |
| Depreciation | $26,646,010 | DepreciationAmt |
| Book Value | $12,071,867 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,026,902,997 | OtherCostOrOtherBasisAmt |
| Depreciation | $681,016,210 | DepreciationAmt |
| Book Value | $345,886,787 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $67,099,454 | OtherCostOrOtherBasisAmt |
| Depreciation | $55,247,868 | DepreciationAmt |
| Book Value | $11,851,586 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildingsGrp | |
| Total Book Value Land Buildings | $370,825,240 | TotalBookValueLandBuildingsAmt |
| Financial Derivatives | FinancialDerivativesGrp | |
| Closely Held Equity Interests | CloselyHeldEquityInterestsGrp |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE EQUITY | $474,253,121 | F |
| REAL ASSETS | $465,623,644 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $939,876,765 | TotalBookValueSecuritiesAmt |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ANNUITY & SPLIT-INT OBLIGS. | $14,802,961 |
| PENSION AND OTHER ACCRUED RTRM | $178,513,311 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $193,316,272 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $545,456,763 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $86,788,254 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $17,955,821 | OtherRevenueAmt |
| Revenue Not Reported | $104,744,075 | RevenueNotReportedAmt |
| Revenue Subtotal | $440,712,688 | RevenueSubtotalAmt |
| Other Revenues Not Included | $134,086,155 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $134,086,155 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $574,798,843 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $392,988,728 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $73,175,679 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $73,175,679 | ExpensesNotReportedAmt |
| Expenses Subtotal | $319,813,049 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $172,360,063 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $172,360,063 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $492,173,112 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PART III, LINE 1A | SFAS 116 FOOTNOTE IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTIONS HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF ART OBJECTS ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PURCHASES OF ART OBJECTS BY THE MUSEUM ARE RECORDED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. PURSUANT TO STATE LAW AND MUSEUM POLICY, PROCEEDS FROM THE SALE OF ART AND RELATED INSURANCE SETTLEMENTS ARE RECORDED AS TEMPORARILY RESTRICTED NET ASSETS FOR THE ACQUISITION OF ART. |
| SCHEDULE D, PART III, LINE 4 | DESCRIPTION OF ORGANIZATION'S COLLECTIONS & FURTHERANCE OF EXEMPT PURPOSE THE MUSEUM'S WORLD-CLASS ART COLLECTION SPANS THE GLOBE AND RANGES IN DATE FROM ANCIENT TO CONTEMPORARY ART. THEY OFFER A SURVEY OF CONSIDERABLE BREADTH OF ART FROM THE ANCIENT CIVILIZATIONS OF ASIA, AFRICA, SOUTH AMERICA, THE PACIFIC ISLANDS, EGYPT, THE NEAR EAST, AND GREECE AND ROME TO THE PRESENT TIME. THE MUSEUM'S COLLECTIONS INCLUDE EUROPEAN PAINTINGS, MEDIEVAL ART AND ARCHITECTURE, ARMS AND ARMOR, PRINTS, PHOTOGRAPHS, DRAWINGS, COSTUMES, MUSICAL INSTRUMENTS, SCULPTURE, TEXTILES, AND DECORATIVE ARTS FROM THE RENAISSANCE TO THE PRESENT TIME, AS WELL AS ONE OF THE FOREMOST COLLECTIONS OF AMERICAN ART IN THE WORLD. THE MUSEUM ALSO MAINTAINS SOME OF THE MOST COMPREHENSIVE ART AND ARCHITECTURE LIBRARIES IN THE UNITED STATES. THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN. |
| SCHEDULE D, PART V, LINE 3A & 4 | INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: THE MUSEUM'S ENDOWMENT FUNDS ARE INTENDED TO SUPPORT EDUCATIONAL PROGRAMS, SCHOLARLY RESEARCH AND PUBLICATIONS, ACQUISITIONS OF WORKS OF ART, CONSERVATION OF WORKS OF ART, SPECIAL EXHIBITS OF INTEREST TO THE PUBLIC, MAINTENANCE AND EXPANSION OF GALLERIES, AND GENERAL OPERATING SUPPORT FOR MUSEUM EXPENSES. |
| SCHEDULE D, PART XI, LINE 1 | AUDITED FINANCIAL STATEMENTS INCLUDE $369,250,753 FROM OPERATING ACTIVITIES AND $176,206,010 FROM NON-OPERATING ACTIVITIES FOR REVENUE, GAINS AND OTHER SUPPORT. TOTAL PART XI, LINE 1 $545,456,763. |
| SCHEDULE D, PART XI, LINE 2D | RECONCILING ITEMS FOR REVENUE INCLUDE THE FOLLOWING: ADVERTISING GIFTS-IN-KIND 43,500 FEDERAL INDEMNIFICATION 3,273,995 UTILITIES PROVIDED BY THE CITY OF NEW YORK 14,634,838 OTHER 3,488 ---------- TOTAL 17,955,821 |
| SCHEDULE D, PART XI, LINE 4B | RECONCILING ITEMS FOR REVENUE INCLUDE THE FOLLOWING: MANAGEMENT FEES AND OTHER INVESTMENT EXPENSES 19,463,721 EXCESS INVESTMENT RETURN 177,305,880 COST OF SALES (48,591,969) FUNDRAISING EVENTS (6,631,377) PROCEEDS FROM SALE OF ART 2,115,470 2015 BOND PROCEEDS 781,945 CORPORATE SPECIAL EVENTS 972,918 MUSEUM LOANS 936,519 PARTNERSHIP UBIT (12,266,952) ------------ TOTAL 134,086,155 |
| SCHEDULE D, PART XII, LINE 2D | RECONCILING ITEMS FOR EXPENSES INCLUDE THE FOLLOWING: COST OF SALES 48,591,969 FUNDRAISING EVENTS 6,631,377 ADVERTISING GIFTS-IN-KIND 43,500 FEDERAL INDEMNIFICATION 3,273,995 UTILITIES PROVIDED BY THE CITY OF NEW YORK 14,634,838 ------------ TOTAL 73,175,679 |
| SCHEDULE D, PART XII, LINE 4B | RECONCILING ITEMS FOR EXPENSES INCLUDE THE FOLLOWING: DEPRECIATION AND MISCELLANEOUS NON-CAPITAL EXPENSES 48,348,011 PURCHASES OF ART 89,480,763 MANAGEMENT FEES AND OTHER INVESTMENT INCOME 19,463,721 INVESTMENT EXPENSES ON THE SERIES 2015 BOND 364,595 CORPORATE SPECIAL EVENTS 972,918 MUSEUM LOANS 936,519 EFFECT OF INTEREST RATE SWAP 12,793,536 ----------- TOTAL 172,360,063 |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (11 entries)
| RegionRegionTxt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| Europe (Including Iceland and Greenland) | Grantmaking | T. Rousseau Fellowship | $20,625 |
| Europe (Including Iceland and Greenland) | Program Services | RESEARCH & EXHIBITIONS | $881,676 |
| Sub-Saharan Africa | Program Services | RESEARCH & EXHIBITIONS | $4,606 |
| East Asia and the Pacific | Program Services | RESEARCH & EXHIBITIONS | $149,373 |
| South Asia | Program Services | RESEARCH & EXHIBITIONS | $66,210 |
| South America | Program Services | RESEARCH & EXHIBITIONS | $8,275 |
| Middle East and North Africa | Program Services | RESEARCH & EXHIBITIONS | $52,146 |
| North America | Program Services | RESEARCH & EXHIBITIONS | $7,327 |
| Russia and the Newly Independent States | Program Services | RESEARCH & EXHIBITIONS | $2,930 |
| Central America and the Caribbean | Investments | $917,635,102 | |
| Europe (Including Iceland and Greenland) | Investments | $30,683,764 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Spent | $949,512,034 | SubtotalSpentAmt |
| Total Spent | $949,512,034 | TotalSpentAmt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Assistance | T. Rousseau Fellowship | TypeOfAssistanceTxt |
| Region | Europe (Including Iceland and Greenland) | RegionTxt |
| Recipient | 3 | RecipientCnt |
| Cash Grant | $20,625 | CashGrantAmt |
| Manner Of Cash Disbursement | CHECK | MannerOfCashDisbursementTxt |
| Description Of Non Cash Asst | N/A | DescriptionOfNonCashAsstTxt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | false | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING PROCEDURES- FORM 990, SCHEDULE F, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | The Museum awards grants, educational travel stipends and fellowships on an objective and nondiscriminatory basis. A Grants Committee, comprised of Museum curators, conservators, educators, scientists and librarians make selections based upon competitive written applications. The purpose of the grants is to provide an opportunity for the grantees to conduct research, extend their professional knowledge and contribute to their respective fields at large. To the best of the Museum's knowledge none of the recipients of the grants or fellowships are related to any person such as a trustee, an officer, or a key person of the Museum. Every grantee is assigned a specific supervisor at the start of their fellowship period. The supervisor is either a curator, conservator or scientist from the department hosting the individual scholar. The scholar and supervisor are in contact throughout the year and discuss all of the details of the grantee's research work. In addition, the Academic and Professional Programs Office, which is responsible for all of the fellows, requires periodic updates on the individuals' research. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Email Solicitations | Yes (X) | EmailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| 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 (true) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONOR SERVICES GROUP | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 WILSHIRE BOULEVARD | AddressLine1Txt |
| Address Line2 | SUITE 650 | AddressLine2Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | TELE- MARKETING | ActivityTxt |
| Fundraiser Control Of Funds | false | FundraiserControlOfFundsInd |
| Gross Receipts | $443,393 | GrossReceiptsAmt |
| Retained By Contractor | $237,371 | RetainedByContractorAmt |
| Net To Organization | $206,022 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | $443,393 | TotalGrossReceiptsAmt |
| Total Retained By Contractors | $237,371 | TotalRetainedByContractorsAmt |
| Total Net To Organization | $206,022 | TotalNetToOrganizationAmt |
| Licensed States | AL | LicensedStatesCd |
| Licensed States | AK | LicensedStatesCd |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CO | LicensedStatesCd |
| Licensed States | CT | 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 | 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 | 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 | COSTUME INSTITU | Event1Nm |
| Gross Receipts Event1 | $13,171,037 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $12,868,537 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $302,500 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $4,128,568 | OtherDirectExpensesEvent1Amt |
| Event2 | CORPORATE BENEF | Event2Nm |
| Gross Receipts Event2 | $4,767,610 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $4,665,760 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $101,850 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $402,835 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 9 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $7,167,488 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $6,501,011 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $666,477 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $2,099,974 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $25,106,135 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $24,035,308 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $1,070,827 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $6,631,377 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $6,631,377 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$5,560,550 | NetIncomeSummaryAmt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE G, PART I, Line 2B | The Membership department contracted telemarketing firm Donor Services Group (DSG) to facilitate campaigns directed at current and lapsed Members of The Met throughout fiscal 2018. DSG callers referred to a script, preapproved by the Membership Department, when soliciting Members by phone. In fiscal 2018, 16,340 current Members were contacted by DSG requesting a contribution to the Membership Annual Appeal; 23,511 current Members were contacted by DSG prior to expiration with Membership renewal requests; 5,365 lapsed Members were contacted by DSG after expiration with a request to renew their Membership. |
| SCHEDULE G, PART II, LINE 11 AND FORM 990, PART VIII, LINE 8 | NOTE THAT THE $5,560,550 LOSS ON FORM 990, PART VIII, LINE 8(C) EXCLUDES THE $24,035,308 OF CONTRIBUTIONS WHICH IF INCLUDED, WOULD RESULT IN A NET SURPLUS OF $18.5 MILLION. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (22 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| The Bothmer Fellowship | 2 | $45,250 | N/A | N/A |
| Sylvan C. and Pam Coleman Memorial Fellowship | 8 | $154,875 | N/A | N/A |
| Chester Dale Fellowship | 6 | $105,750 | N/A | N/A |
| Annette de la Renta Fellowship | 2 | $94,416 | N/A | N/A |
| The Douglass Foundation Fellowship | 2 | $53,292 | N/A | N/A |
| Sherman Fairchild Foundation Fellowship | 2 | $86,333 | N/A | N/A |
| Andrew W. Mellon Art History Fellowship | 12 | $335,278 | N/A | N/A |
| Andrew W. Mellon Conservation Fellowship | 9 | $285,843 | N/A | N/A |
| Andrew W. Mellon Postdoctoral Curatorial Fellowshi | 1 | $51,657 | N/A | N/A |
| Andrew W. Mellon Collection Specialist Fellowship | 5 | $169,446 | N/A | N/A |
| Research Scholarship in Photograph Conservation Fe | 2 | $55,333 | N/A | N/A |
| J.Clawson Mills Fellowship | 4 | $102,583 | N/A | N/A |
| Slifka Foundation Fellowship | 2 | $46,500 | N/A | N/A |
| Hanns Swarzenski and Brigitte Horney Fellowship | 1 | $6,667 | N/A | N/A |
| Jane and Morgan Whitney Fellowship | 15 | $312,083 | N/A | N/A |
| Polaire Weissman Fellowship | 3 | $84,583 | N/A | N/A |
| Leonard A. Lauder Fellowships in Modern Art | 7 | $262,826 | N/A | N/A |
| The Markoe Scholarship | 1 | $6,917 | N/A | N/A |
| Andrew W. Mellon Indian Conservation Fellowship Pr | 3 | $42,290 | N/A | N/A |
| Mellon Supplemental Fellowship Funds | 78 | $333,333 | N/A | N/A |
| Robert Lehman Foundation Fellowship | 1 | $20,000 | N/A | N/A |
| The Vilcek Fellowship | 1 | $28,333 | N/A | N/A |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | MONITORING PROCEDURES- FORM 990, SCHEDULE I, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | The Museum awards grants, educational travel stipends and fellowships on an objective and nondiscriminatory basis. A Grants Committee, comprised of Museum curators, conservators, educators, scientists and librarians, make selections based upon competitive written applications. The purpose of the grants is to provide an opportunity for the grantees to conduct research, extend their professional knowledge and contribute to their respective fields at large. To the best of the Museum's knowledge, none of the recipients of the grants or fellowships are related to any person such as a trustee, an officer, or a key employee of the Museum. Every grantee is assigned a specific supervisor at the start of their fellowship period. The supervisor is either a curator, conservator or scientist from the department hosting the individual scholar. The scholar and supervisor are in contact throughout the year and discuss all of the details of the grantee's research work. In addition, the Academic and Professional Programs Office which is responsible for all of the fellows requires periodic updates on the individuals' research. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (22 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt |
|---|---|---|---|---|---|---|---|
| Thomas P Campbell | |||||||
| Director to 7/17, Ex-Off. Trus | $543,317 | $2,146,890 | $27,000 | $299,805 | $3,017,012 | ||
| Daniel H Weiss | |||||||
| President/CEO, Ex-Off. Trustee | $760,291 | $197,524 | $27,000 | $21,034 | $1,005,849 | ||
| Clyde B Jones III | |||||||
| SVP Inst. Advancement | $486,145 | $3,860 | $27,000 | $8,858 | $525,863 | ||
| Carrie R Barratt | |||||||
| Deputy Dir Collections to 6/18 | $359,191 | $367,545 | $27,000 | $20,403 | $774,139 | ||
| Quincy K Houghton | |||||||
| Deputy Dir of Exhibitions | $323,075 | $3,199 | $27,000 | $20,242 | $373,516 | ||
| Sharon H Cott | |||||||
| SVP, Sec & Gen Counsel | $438,266 | $4,014 | $27,000 | $20,372 | $489,652 | ||
| Jameson Kelleher | |||||||
| VP, CFO & Treasurer | $379,981 | $858 | $27,000 | $20,469 | $428,308 | ||
| Tom Javits | |||||||
| VP Construction & Facilities | $352,817 | $9,090 | $27,000 | $20,186 | $409,093 | ||
| Will Manzer | |||||||
| VP & Gnl Mgr Merch to 6/17 | $247,695 | $35,462 | $21,954 | $852 | $305,963 | ||
| Rich Pedott | |||||||
| VP & Gnl Mgr Merch from 7/17 | $406,893 | $1,858 | $27,000 | $7,791 | $443,542 | ||
| Debra A McDowell | |||||||
| VP Human Resources to 10/17 | $165,825 | $317,741 | $27,000 | $6,783 | $552,349 | $35,000 | |
| Allison Rutledge-Parisi | |||||||
| VP/Chief HR Officer from 8/17 | $144,235 | $1,110 | $16,635 | $426 | $193,656 | $31,250 | |
| Elyse Topalian | |||||||
| VP for Communications to 6/17 | $48,311 | $375,156 | $14,730 | $9,007 | $447,204 | ||
| Kenneth N Weine | |||||||
| VP/Chief Comm Off. from 1/17 | $297,567 | $1,311 | $27,000 | $14,813 | $365,691 | $25,000 | |
| Suzanne E Brenner | |||||||
| SVP/Chief Invest Off. to 11/17 | $584,010 | $75,644 | $27,000 | $20,133 | $1,283,998 | $577,211 | $170,234 |
| Lauren A Meserve | |||||||
| Chief Investment Officer | $596,020 | $1,710 | $318,864 | $9,263 | $1,470,152 | $544,295 | $160,526 |
| Jeffrey Spar | |||||||
| VP Tech & Chief Tech Officer | $355,136 | $1,882 | $27,000 | $20,391 | $404,409 | ||
| Linda M Sylling | |||||||
| Spec Ex/Gal Instl Mgr to 12/16 | $9,501 | $356,755 | $11,784 | $2,150 | $380,190 | ||
| Justin V Reed | |||||||
| Investment Officer | $233,195 | $1,650 | $26,924 | $1,167 | $377,936 | $115,000 | |
| Chiara Ponticelli | |||||||
| General Merchandise Manager | $219,695 | $76,511 | $23,977 | $1,061 | $321,244 | ||
| Keith R Christiansen | |||||||
| Chairman, European Paintings | $286,041 | $10,853 | $27,000 | $19,808 | $343,702 | ||
| Stephen A Manzi | |||||||
| Chief Develop Officer Indiv | $291,131 | $2,877 | $27,000 | $20,092 | $341,100 | ||
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE J, PART I, LINE 1A | PERSONAL HOUSING - FOR CALENDAR YEAR 2017, THE MUSEUM PROVIDED A HOUSING ALLOWANCE TO THE PRESIDENT AND CHIEF OPERATING OFFICER, DANIEL WEISS. THIS ALLOWANCE WAS TREATED AS TAXABLE COMPENSATION. FOR A PORTION OF CALENDAR YEAR 2017, THE MUSEUM PROVIDED THE DIRECTOR AND CHIEF EXECUTIVE OFFICER, THOMAS CAMPBELL, WITH A RESIDENCE THAT HE WAS REQUIRED TO LIVE IN AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE MUSEUM. THE VALUE OF THIS HOUSING WAS NOT TREATED AS TAXABLE COMPENSATION. |
| SCHEDULE J, PART I, LINE 4A | THE FOLLOWING PERSONS RECEIVED A SEVERANCE PAYMENT IN CALENDAR YEAR 2017: THOMAS CAMPBELL - $1,500,000 CARRIE R. BARRATT - $364,000 DEBRA MCDOWELL - $207,701 ELYSE TOPALIAN - $259,708 LINDA M. SYLLING - $249,365 CHIARA PONTICELLI - $55,384 |
| SCHEDULE J, PART I, LINE 4B | THE FOLLOWING PERSONS PARTICIPATED IN OR RECEIVED PAYMENTS FROM A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN IN CALENDAR YEAR 2017: THOMAS CAMPBELL - $244,374 DANIEL WEISS - $90,000 |
| SCHEDULE J, PART I, LINE 7 | PURSUANT TO THE MUSEUM'S INCENTIVE COMPENSATION PLAN FOR INVESTMENT STAFF, SENIOR VICE PRESIDENT AND CHIEF INVESTMENT OFFICER, SUZANNE BRENNER, RECEIVED A BONUS PAYMENT OF $577,211, AND CHIEF INVESTMENT OFFICER, LAUREN MESERVE, RECEIVED A BONUS PAYMENT OF $544,295. ALL SUCH PAYMENTS ARE INCLUDED IN SCHEDULE J, PART II COLUMN B. |
| SCHEDULE J, PART II, COLUMN (C) | COLUMN (C) INCLUDES DEFERRED COMPENSATION AS FOLLOWS: A BONUS PAYMENT FOR LAUREN MESERVE OF $291,865. THIS DEFERRED COMPENSATION MAY BE FORFEITED IF THE RECIPIENT LEAVES THE MUSEUM'S EMPLOYMENT BEFORE IT IS PAID. THE EXACT AMOUNT IS SUBJECT TO ADJUSTMENT BASED ON THE PERFORMANCE OF THE ENDOWMENT FUND. |
| FORM 990, PART VII | DANIEL WEISS WAS AN EX-OFFICIO TRUSTEE DURING CALENDAR YEAR 2017. THOMAS CAMPBELL WAS DIRECTOR AND CEO OF THE MUSEUM UNTIL FEBRUARY 2017, AND DIRECTOR OF THE MUSEUM AND AN EX-OFFICIO TRUSTEE UNTIL JULY 2017. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY | ||||||||
| A | 911882413 | 649717NP6 | 2006-12-01 | $65,000,000 | PARTIAL FUNDING OF CAPITAL PROJECT | false | false | false |
| TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY | ||||||||
| B | 911882413 | 649717NQ4 | 2006-12-01 | $65,000,000 | false | false | false | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $0 | $0 | $65,000,000 | $0 | $0 | $0 | $795,690 | $0 | $0 | $64,204,310 | $0 | $0 | false | false | Yes (true) | Yes (true) |
| B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Remedial Action TakenRemedialActionTakenInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | Yes (true) | false | 0 | false | false | false | Yes (true) |
| B | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Exception To RebateExceptionToRebateInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|
| 0 | ||||||||
| A | false | Yes (true) | Yes (true) | false | false | 0 | false | Yes (true) |
| 0 | ||||||||
| B | 0 | |||||||
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE K, PART III, LINES 4-6, PRIVATE BSUINESS AND UNRELATED USE | FormAndLineReferenceDesc |
| Explanation | THE MUSEUM PERFORMS A DETAILED PRIVATE BUSINESS AND UNRELATED USE CALCULATION. THE MUSEUM CALCULATED ITS PRIVATE BUSINESS AND UNRELATED USE FOR THE FISCAL YEAR ENDED JUNE 30, 2018 TO BE NEARLY 0% IN TAX EXEMPT BOND-FINANCED SPACE. THIS ANALYSIS EXCLUDES COST OF ISSUANCE. | ExplanationTxt |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 192 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasuresGrp |
Art Fractional Interest ArtFractionalInterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 12 | ContributionCnt |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $0 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Clothing And Household Goods | ClothingAndHouseholdGoodsGrp | |
| Cars And Other Vehicles | CarsAndOtherVehiclesGrp | |
| Boats And Planes | BoatsAndPlanesGrp | |
| Intellectual Property | IntellectualPropertyGrp |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 275 | ContributionCnt |
| Noncash Contributions Rpt F990 | $21,598,084 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Mkt Value- Gift Date | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStockGrp | |
| Secur Prtnrshp Trust Intrsts | SecurPrtnrshpTrustIntrstsGrp | |
| Securities Miscellaneous | SecuritiesMiscellaneousGrp | |
| Qualified Contrib Hist Struct | QualifiedContribHistStructGrp | |
| Qualified Contrib Other | QualifiedContribOtherGrp | |
| Real Estate Residential | RealEstateResidentialGrp | |
| Real Estate Commercial | RealEstateCommercialGrp | |
| Real Estate Other | RealEstateOtherGrp | |
| Collectibles | CollectiblesGrp | |
| Food Inventory | FoodInventoryGrp | |
| Drugs And Medical Supplies | DrugsAndMedicalSuppliesGrp | |
| Taxidermy | TaxidermyGrp | |
| Historical Artifacts | HistoricalArtifactsGrp | |
| Scientific Specimens | ScientificSpecimensGrp | |
| Archaeological Artifacts | ArchaeologicalArtifactsGrp | |
| Form8283 Received | 65 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (true) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE M, PART I, COLUMN (B) | THE AMOUNTS SHOWN IN PART I, COLUMN (B) FOR "NUMBER OF CONTRIBUTIONS" REPRESENTS THE TOTAL NUMBER OF CONTRIBUTIONS AND NOT NECESSARILY THE TOTAL NUMBER OF ITEMS CONTRIBUTED. |
| USE OF THIRD PARTIES - FORM 990, SCHEDULE M, PART I, LINE 32B | The Museum may, from time to time, sell art works acquired as non-cash contributions through third parties such as public auction houses, private dealers, or individuals. In each case, the Museum enters into a contract or agreement with the third party conducting or participating in the sale and adheres to its own published policy regarding such sales as well as applicable IRS laws and standards of accounting. |
| NON-REVENUE CONTRIBUTIONS - FORM 990, SCHEDULE M, PART I, LINE 33 | In accordance with FASB's SFAS 116, the Museum does not treat donations of property of the types described in Part I of Schedule M as revenue or capitalize its collections because they are used to support its non-profit educational mission, and, should the property be sold, proceeds from such sale would be used solely to acquire other items for the collection. These accounting standards are also endorsed by the American Alliance of Museums and the Association of Art Museum Directors, of which organizations the Museum is a member. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III - PROGRAM SERVICES | MISSION AND ACCOMPLISHMENTS THE METROPOLITAN MUSEUM OF ART WAS FOUNDED ON APRIL 13, 1870, WITH A STATEMENT OF PURPOSE THAT HAS GUIDED IT FOR OVER 140 YEARS: "TO BE LOCATED IN THE CITY OF NEW YORK, FOR THE PURPOSE OF ESTABLISHING AND MAINTAINING IN SAID CITY A MUSEUM AND LIBRARY OF ART, OF ENCOURAGING AND DEVELOPING THE STUDY OF THE FINE ARTS, AND THE APPLICATION OF ARTS TO MANUFACTURE AND PRACTICAL LIFE, OF ADVANCING THE GENERAL KNOWLEDGE OF KINDRED SUBJECTS, AND, TO THAT END, OF FURNISHING POPULAR INSTRUCTION." ON JANUARY 13, 2015, THE TRUSTEES OF THE METROPOLITAN MUSEUM OF ART REAFFIRMED THE ABOVE STATEMENT OF PURPOSE AND SUPPLEMENTED IT WITH THE FOLLOWING STATEMENT OF MISSION: "THE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES IN ORDER TO CONNECT PEOPLE TO CREATIVITY, KNOWLEDGE, AND IDEAS." DEDICATED TO CELEBRATING 5,000 YEARS OF ARTISTIC ACHIEVEMENT ACROSS ALL CULTURES, THE METROPOLITAN MUSEUM OF ART PRIDES ITSELF ON SERVING THE PUBLIC THROUGH OUR COLLECTION, EXHIBITIONS, AND EDUCATION PROGRAMS. IN FISCAL YEAR 2018, THESE ACTIVITIES NOT ONLY MET THE HIGHEST POSSIBLE STANDARDS BUT WERE ENTHUSIASTICALLY EMBRACED BY VISITORS FROM ALL OVER THE WORLD, INSPIRED EXTRAORDINARY SUPPORT, AND FOSTERED MEANINGFUL COLLABORATIONS WITH A RANGE OF CULTURAL LEADERS AND ORGANIZATIONS -- POWERFUL INDICATIONS OF THE MUSEUM'S ROLE IN KEEPING BEAUTY, CREATIVITY, AND HUMAN EXPRESSION AT THE FOREFRONT OF OUR LIVES. ATTENDANCE IN FISCAL YEAR 2018 THE MUSEUM WELCOMED MORE THAN 7.35 MILLION VISITORS -- THE MOST IN ITS RECORDED HISTORY -- TO ITS THREE LOCATIONS: THE MET FIFTH AVENUE, THE MET CLOISTERS, AND THE MET BREUER. THE INCREASE OVER 2017, WHICH SAW 7 MILLION VISITORS, WAS DUE IN LARGE PART TO "MICHELANGELO: DIVINE DRAFTSMAN AND DESIGNER," WHICH WAS ON VIEW FROM NOVEMBER 13, 2017, THROUGH FEBRUARY 12, 2018, AND BROUGHT IN 702,516 VISITORS. THE EXHIBITION IS THE TENTH MOST ATTENDED SHOW IN THE MUSEUM'S HISTORY. THE MET ALSO CONTINUED TO BE NEW YORK CITY'S MOST VISITED TOURIST ATTRACTION FOR DOMESTIC AND INTERNATIONAL AUDIENCES. IN FISCAL YEAR 2018, INTERNATIONAL VISITORS ACCOUNTED FOR 34 PERCENT OF THE MUSEUM'S AUDIENCE. IT IS ALSO A POPULAR DESTINATION FOR LOCAL VISITORS: 32 PERCENT OF THE VISITORS CAME FROM THE FIVE BOROUGHS, AND 13 PERCENT WERE FROM THE TRISTATE AREA. INTERNATIONAL ACTIVITY THE MUSEUM'S ONGOING ENGAGEMENT WITH THE GLOBAL COMMUNITY YIELDED A NUMBER OF SIGNIFICANT ACHIEVEMENTS. IN OCTOBER 2017, WE RECEIVED A GENEROUS COMMITMENT FROM THE RELIANCE FOUNDATION TO SUPPORT A RANGE OF EXHIBITIONS THAT EXPLORE AND CELEBRATE THE ARTS OF INDIA. THE FIRST PRESENTATION TO BENEFIT FROM THIS LONG-TERM COLLABORATION WAS "MODERNISM ON THE GANGES: RAGHUBIR SINGH PHOTOGRAPHS," A HIGHLIGHT AT THE MET BREUER LAST FALL. FUTURE EXHIBITIONS WILL COVER SUCH TOPICS AS EARLY BUDDHIST ART AND CONTEMPORARY INDIAN SCULPTURE. FISCAL YEAR 2018 MARKED YEAR THREE OF THE INDIAN CONSERVATION FELLOWSHIP PROGRAM (ICFP), A SIX-YEAR PARTNERSHIP BETWEEN THE MET; THE ANDREW W. MELLON FOUNDATION; STICHTING RESTAURATIE ATELIER LIMBURG, THE NETHERLANDS; AND THE GOVERNMENT OF INDIA THAT PROVIDES PRACTICAL, INTENSIVE TRAINING AND PROFESSIONAL DEVELOPMENT FOR EMERGING INDIAN CONSERVATORS AT HOST INSTITUTIONS. OVER THE PAST YEAR, THE MET AND ITS PARTNERS WELCOMED SEVEN ICFP FELLOWS FROM THE VICTORIA HALL MUSEUM, KOLKATA; CHHATRAPATI SHIVAJI MAHARAJ VASTU SANGRAHALAYA, MUMBAI; THE INDIRA GANDHI NATIONAL CENTRE FOR THE ARTS, NEW DELHI; THE NATIONAL GALLERY OF MODERN ART, NEW DELHI; AND THE INDIAN NATIONAL TRUST FOR ART AND CULTURAL HERITAGE, NEW DELHI AND BANGALORE. IN DECEMBER 2017 WE ANNOUNCED AN AMBITIOUS TEN-YEAR PARTNERSHIP WITH THE BRUKER CORPORATION TO ADVANCE ANALYTICAL TECHNOLOGIES AND METHODS IN CULTURAL HERITAGE SCIENCE. THE AFFILIATION BUILDS ON A LONG HISTORY OF COLLABORATION THAT HAS PRODUCED NEW INSTRUMENTS AND METHODS NOW WIDELY USED IN THE MATERIAL INVESTIGATION OF WORKS OF ART. IT ALLOWS US TO ADD STATE-OF-THE-ART TECHNOLOGY TO THE ALREADY IMPRESSIVE ARRAY OF SCIENTIFIC TOOLS USED BY THE DEPARTMENT OF SCIENTIFIC RESEARCH TO ADVANCE SCHOLARSHIP AND SOLVE CHALLENGING CONSERVATION PROBLEMS. ONE OF OUR MOST IMPORTANT RESPONSIBILITIES AS MUSEUM LEADERS IS TO PROTECT CULTURAL HERITAGE AND PROMOTE INTERNATIONAL EDUCATION. THE MET IS A LONGTIME PARTNER OF THE INTERNATIONAL COUNCIL OF MUSEUMS (ICOM), SUPPORTING THE ORGANIZATION'S MISSION TO ENSURE THE CONSERVATION AND PROTECTION OF CULTURAL GOODS, AND IN JANUARY 2018 WE WERE HONORED TO HOST THE PRESENTATION OF ICOM'S EMERGENCY RED LIST OF CULTURAL OBJECTS AT RISK FOR YEMEN. ICOM'S RED LISTS CATEGORIZE THE ENDANGERED ARCHAEOLOGICAL OBJECTS IN THE MOST VULNERABLE AREAS OF THE WORLD IN ORDER TO PREVENT THEM FROM BEING ILLEGALLY TRADED OR SOLD. BUILDING ON THE SUCCESS OF THE PRIOR YEAR, IN FEBRUARY 2018 THE MET HELD ITS SECOND REGIONAL HERITAGE PRESERVATION WORKSHOP IN AMMAN, JORDAN. WITH THE CONTINUED SUPPORT OF THE WHITING FOUNDATION AND IN PARTNERSHIP WITH COLUMBIA UNIVERSITY, THE WORKSHOP CONVENED SEVENTY-THREE PARTICIPANTS -- MOST OF THEM MUSEUM PROFESSIONALS FROM IRAQ, SYRIA, AND JORDAN -- FOR SPECIALIZED PRACTICAL TRAINING IN DOCUMENTATION OF ENDANGERED COLLECTIONS. IN APRIL 2018, THE MUSEUM HOSTED THE FOURTH ANNUAL GLOBAL MUSEUM LEADERS COLLOQUIUM (GMLC), A TWO-WEEK CONFERENCE FOR MUSEUM DIRECTORS FROM AROUND THE WORLD TO EXCHANGE IDEAS ABOUT THE COMMON CHALLENGES THEY FACE AND TO SHARE INSIGHTS ON VARIOUS FACETS OF MUSEUM MANAGEMENT, INCLUDING CURATORIAL AND CONSERVATION WORK AS WELL AS MARKETING, DEVELOPMENT, AND DIGITAL TECHNOLOGY. TWELVE MUSEUM DIRECTORS ATTENDED THIS YEAR'S COLLOQUIUM, BRINGING THE TOTAL NUMBER OF MUSEUM LEADERS WHO ARE NOW PART OF THE GMLC INTERNATIONAL NETWORK TO FIFTY-THREE, REPRESENTING FORTY-TWO COUNTRIES. COLLECTION AND ACQUISITIONS THE MET PRESENTS OVER 5,000 YEARS OF ART FROM AROUND THE WORLD AT ITS MAIN BUILDING ON FIFTH AVENUE, AT THE MET BREUER, AND AT THE MET CLOISTERS. THE MET HAS ALWAYS ASPIRED TO BE MORE THAN A TREASURY OF RARE AND BEAUTIFUL OBJECTS. EVERY DAY, ART COMES ALIVE IN THE MUSEUM'S GALLERIES AND THROUGH ITS EXHIBITIONS AND EVENTS, REVEALING BOTH NEW IDEAS AND UNEXPECTED CONNECTIONS ACROSS TIME AND ACROSS CULTURES. IN FISCAL YEAR 2018 THE MUSEUM MADE A NUMBER OF KEY ACQUISITIONS THAT ADD NEW PERSPECTIVES AND POSE NEW QUESTIONS, KEEPING THE MET A RELEVANT AND DYNAMIC INSTITUTION. KEY ACQUISITIONS INCLUDED A MASTERFUL EXAMPLE OF CUBIST PAPIER COLL (PASTED PAPER), BY JUAN GRIS (SPANISH, 1887-1927), FOR THE DEPARTMENT OF MODERN AND CONTEMPORARY ART; A PICTORIAL MUSLIN BY STANDING BEAR (MINNECONJOU LAKOTA/TETON SIOUX, 1859-1933) THAT DEPICTS THE CHAOS, SCALE, AND INTENSITY OF THE FAMOUS BATTLE OF THE LITTLE BIGHORN, ACQUIRED FOR THE AMERICAN WING; A PAIR OF ORIGINAL AND ELEGANT SCREENS THAT IS AMONG THE LARGEST AND MOST SPECTACULAR WORKS BY THE EDO-PERIOD ARTIST SAKAI HOITSU (JAPANESE, 1761-1828), FOR THE DEPARTMENT OF ASIAN ART; A POETIC LANDSCAPE BY SAMUEL PALMER (BRITISH, 1805-1881) FROM THE PERIOD WHEN THE ARTIST, WHO PREVIOUSLY WORKED IN OILS, BEGAN DEVOTING HIMSELF TO WATERCOLOR, ACQUIRED FOR THE DEPARTMENT OF DRAWINGS AND PRINTS; A RECENTLY REDISCOVERED PANEL PAINTING BY FRANCESCO SALVIATI (ITALIAN, 1510-1563) -- A VIVID DEPICTION OF THE FLORENTINE DOCTOR CARLO RIMBOTTI -- FOR THE DEPARTMENT OF EUROPEAN PAINTINGS; A PAIR OF EIGHTEENTH-CENTURY SILVER-GILT SCONCES PRODUCED IN THE GERMAN CITY OF AUGSBURG THAT ARE TWO OF ONLY FOUR SURVIVING PIECES OF A SUITE DISPLAYED AT THE ROYAL APARTMENTS OF ELECTOR AUGUSTUS THE STRONG (1670-1733), ACQUIRED FOR THE DEPARTMENT OF EUROPEAN SCULPTURE AND DECORATIVE ARTS; AND A HIGHLY DECORATED HEBREW BIBLE FROM MEDIEVAL SPAIN THAT BLENDS ISLAMIC AND CHRISTIAN GOTHIC ORNAMENTAL ELEMENTS AND EXEMPLIFIES THE EXTRAORDINARY CROSS-CULTURAL EXCHANGE THAT CHARACTERIZES THE ARTISTIC AND LITERARY PRODUCTION OF THE FIRST HALF OF THE FOURTEENTH CENTURY, ACQUIRED FOR THE DEPARTMENT OF MEDIEVAL ART AND THE CLOISTERS. |
| FORM 990, PART III - CONTINUED | CURATORIAL, CONSERVATION, AND RESEARCH THE MUSEUM'S CURATORIAL PROGRAMS ARE SUPPORTED BY NUMEROUS SERVICES AND RESOURCES. THE DEPARTMENTS OF PAINTINGS, PAPER, OBJECTS, TEXTILE, AND PHOTOGRAPHS CONSERVATION ALONG WITH SCIENTIFIC RESEARCH PREPARE AND REVIEW EVERY ARTWORK SELECTED FOR AN EXHIBITION OR LOAN. THE MET'S CONSERVATION EFFORT RANKS WITH THE BEST OF THE WORLD'S MAJOR MUSEUMS. THE THOMAS J. WATSON LIBRARY HOUSES VALUABLE RESEARCH MATERIAL AVAILABLE TO THE STAFF AND PUBLIC FOR CURATORIAL, EDUCATION, AND PUBLICATION PROJECTS. IN FISCAL YEAR 2018, 11,693 VISITS WERE MADE BY OUTSIDE RESEARCHERS, AND 2,163 NEW OUTSIDE RESEARCHERS WERE REGISTERED. THE MUSEUM LIBRARIES CIRCULATED 48,487 ITEMS TO READERS. ELEVEN WEEKLY SESSIONS OF STORY TIME IN NOLEN LIBRARY REACHED OVER 16,970 CHILDREN AND THEIR CAREGIVERS. THE LIBRARY CONTINUED TO DIGITIZE RARE COLLECTION MATERIALS, BOTH PRINTED AND MANUSCRIPT, AND TO MAKE THEM AVAILABLE ONLINE, AVERAGING 159,598 PAGE HITS PER MONTH (COMPARED TO 97,400 IN FISCAL YEAR 2017). THE MET IS ONE OF THE WORLD'S PREEMINENT ART-BOOK PUBLISHERS, AND IN FISCAL YEAR 2018 THE MUSEUM'S PUBLICATIONS AND EDITORIAL DEPARTMENT CONTINUED ITS EXCELLENCE IN ART-BOOK PUBLISHING WITH NUMEROUS NEW TITLES. AMONG THEM WERE SEVERAL EXHIBITION CATALOGUES, INCLUDING THE AWARD-WINNING "MICHELANGELO"HEAVENLY BODIES", AS WELL AS GROUNDBREAKING CATALOGUES LIFE", "THOMAS COLE'S JOURNEY", AND "MY SOUL HAS GROWN DEEP: BLACK ART FROM THE AMERICAN SOUTH". THE DEPARTMENT ALSO PUBLISHED VOLUMES HIGHLIGHTING THE MUSEUM'S COLLECTIONS OF EUROPEAN PORCELAIN, EDO PAINTINGS, EUROPEAN ARMOR, AND DELACROIX DRAWINGS; A BOOK BASED ON THE WEB FEATURE "THE ARTIST PROJECT AND A DIGITAL CATALOGUE OF ANCIENT CYPRIOT GLASS. TEN OF THESE TITLES WON AWARDS AND SEVEN WERE TRANSLATED INTO FOREIGN LANGUAGES, EXTENDING THEIR REACH. IN ADDITION, THE DEPARTMENT PUBLISHED FOUR ISSUES OF "THE METROPOLITAN MUSEUM OF ART BULLETINVOLUME 52 OF THE ANNUAL "METROPOLITAN MUSEUM JOURNAL". EXHIBITIONS THE MET'S DEDICATION TO FOSTERING THE UNDERSTANDING OF ARTISTIC ACHIEVEMENT ACROSS ALL CULTURES AND ITS PRODIGIOUS SCHOLARSHIP ARE REFLECTED IN THE FIFTY-SEVEN EXHIBITIONS IT MOUNTED IN FISCAL YEAR 2018 -- FROM SMALL, FOCUSED INSTALLATIONS TO MAJOR INTERNATIONAL SHOWS. THE FOLLOWING EXHIBITIONS WERE AMONG THE HIGHLIGHTS IN FISCAL YEAR 2018: "CRISTBAL DE VILLALPANDO: MEXICAN PAINTER OF THE BAROQUE "WORLD WAR I AND THE VISUAL ARTS "RELATIVE VALUES: THE COST OF ART IN THE NORTHERN RENAISSANCE "RODIN AT THE MET "LEONARDO TO MATISSE: MASTER DRAWINGS FROM THE ROBERT LEHMAN COLLECTION "MICHELANGELO: DIVINE DRAFTSMAN AND DESIGNER "DAVID HOCKNEY "THE FACE OF DYNASTY: ROYAL CRESTS FROM WESTERN CAMEROON "BEFORE/ON/AFTER: WILLIAM WEGMAN AND CALIFORNIA CONCEPTUALISM "WILLIAM EGGLESTON: LOS ALAMOS "THE SILVER CAESARS: A RENAISSANCE MYSTERY "BIRDS OF A FEATHER: JOSEPH CORNELL'S HOMAGE TO JUAN GRIS "THOMAS COLE'S JOURNEY: ATLANTIC CROSSINGS "DIAMOND MOUNTAINS: TRAVEL AND NOSTALGIA IN KOREAN ART "THE POETRY OF NATURE: EDO PAINTINGS FROM THE FISHBEIN-BENDER COLLECTION "GOLDEN KINGDOMS: LUXURY AND LEGACY IN THE ANCIENT AMERICAS "PUBLIC PARKS, PRIVATE GARDENS: PARIS TO PROVENCE "VISITORS TO VERSAILLES (1682-1789) "THE ROOF GARDEN COMMISSION: HUMA BHABHA, WE COME IN PEACE "HEAVENLY BODIES: FASHION AND THE CATHOLIC IMAGINATION "PAINTED IN MEXICO, 1700-1790: PINXIT MEXICI "HISTORY REFUSED TO DIE: HIGHLIGHTS FROM THE SOULS GROWN DEEP FOUNDATION GIFT "AFRICAN AMERICAN PORTRAITS: PHOTOGRAPHS FROM THE 1940S AND 1950S AND, AT THE MET BREUER, "DELIRIOUS: ART AT THE LIMITS OF REASON, 1950-1980 "ETTORE SOTTSASS: DESIGN RADICAL "MODERNISM ON THE GANGES: RAGHUBIR SINGH PHOTOGRAPHS "EDVARD MUNCH: BETWEEN THE CLOCK AND THE BED "PROVOCATIONS: ANSELM KIEFER AT THE MET BREUER "LEON GOLUB: RAW NERVE AND LIFE: SCULPTURE, COLOR, AND THE BODY (1300-NOW)". EDUCATION THE MUSEUM'S EDUCATION DEPARTMENT COMPLETED ANOTHER SUCCESSFUL YEAR OF CREATIVE PROGRAMMING, SCHOLARLY EFFORTS, AND COMMUNITY PROJECTS THAT ATTRACTED A DIVERSE CROSS SECTION OF MUSEUM USERS AND INCREASED AUDIENCE ENGAGEMENT. WORK ON THE DEPARTMENT'S FIVE KEY PRIORITIES -- REFINE STAFF ORGANIZATION AND INVEST IN PROFESSIONAL DEVELOPMENT; SOLIDIFY THE DEPARTMENT AS A LEADER AND INFLUENCER IN THE FIELD; MAKE THE MET RESPONSIVE AND RELEVANT, SERVING AS A PLATFORM FOR TIMELY ISSUES; DEEPEN THE MUSEUM'S PRESENCE AND IMPACT OUTSIDE ITS PHYSICAL LOCATIONS AND INTO COMMUNITIES; AND ESTABLISH OUR GALLERIES AND OTHER SPACES AS ACTIVE LABORATORIES FOR SCHOLARS, ARTISTS, AND THE GENERAL PUBLIC -- ALSO CONTINUED THIS YEAR, FOSTERING GREATER COLLABORATION AMONG COLLEAGUES IN THE MUSEUM AND WITH PARTNERS LOCALLY, NATIONALLY, AND INTERNATIONALLY. IN FISCAL YEAR 2018, THE DEPARTMENT DIRECTLY SERVED MORE THAN ELEVEN PERCENT OF THE MUSEUM'S VISITORS THROUGH APPROXIMATELY 39,000 EVENTS THAT DREW OVER 845,000 IN-PERSON PARTICIPANTS. IN ADDITION, FIFTY OF THESE EVENTS ATTRACTED MORE THAN 1.2 MILLION VIEWERS ONLINE THROUGH FACEBOOK LIVE BROADCASTS. ARTISTS REMAINED VITAL TO OUR EDUCATION PRACTICE, ESPECIALLY THROUGH ARTIST RESIDENCIES. THIS YEAR, ANDREA MILLER -- THE FIRST CHOREOGRAPHER SELECTED FOR THIS INITIATIVE -- AND HER COMPANY, GALLIM, ENGAGED WITH THE COLLECTION AND OUR AUDIENCES THROUGH CRITICALLY ACCLAIMED COMMISSIONS AND PREMIERES. METFRIDAYS: NEW YORK'S NIGHT OUT BROUGHT IN LOCAL RESIDENTS AND WAS A CATALYST FOR PARTNERSHIPS WITH NEW YORK CITY'S CREATIVE COMMUNITY. SYMPOSIA, SUCH AS "IN OUR TIME: A YEAR OF ARCHITECTURE IN A DAYONE RELATED TO THE EXHIBITION LIFE: SCULPTURE, COLOR, AND THE BODY (1300-NOW)," SERVED OUR SCHOLARLY AUDIENCE. MUSEUM-WIDE FESTIVALS FOR LUNAR NEW YEAR AND WORLD CULTURES ATTRACTED MORE THAN SIX THOUSAND PEOPLE WITH ACTIVITIES AND PERFORMANCES THROUGHOUT THE GALLERIES. OUR PROGRAMS DESIGNED FOR PEOPLE WITH VARIED ABILITIES CONTINUED TO LEAD THE MUSEUM ACCESSIBILITY FIELD. THE MUSEUM'S ONGOING EFFORTS TO SERVE AS A CULTURAL AND SOCIAL HUB FOR NEW YORK'S YOUNG PEOPLE AGAIN INCLUDED TWO LARGE-SCALE TEENS TAKE THE MET! EVENTS, IN WHICH MORE THAN FIFTY ORGANIZATIONAL PARTNERS PRESENTED A VARIETY OF HANDS-ON ACTIVITIES. MANY OF THE APPROXIMATELY 4,700 PARTICIPATING TEENS WERE FIRST-TIME VISITORS (45 PERCENT AT THE FALL EVENT AND 40 PERCENT IN THE SPRING). OVER THE COURSE OF FOUR YEARS, WE HAVE ENGAGED MORE THAN 22,000 TEENS AND ALMOST 130 PARTNERS THROUGH THIS INITIATIVE. AS ALWAYS, THE MET CONTINUED TO BE AN ESSENTIAL RESOURCE FOR TEACHING, LEARNING, TRAINING, AND RESEARCHING AT ALL LEVELS. THIS FISCAL YEAR, 230,030 K-12 TEACHERS AND THEIR STUDENTS PARTICIPATED IN 6,582 GUIDED AND SELF-GUIDED SCHOOL-GROUP VISITS TO THE MET'S THREE LOCATIONS, AND 1,425 TEACHERS AND SCHOOL LEADERS TOOK PART IN PROGRAMS FOCUSED ON INTEGRATING ART INTO CLASSROOM TEACHING. AFTER A YEAR OF PLANNED REFLECTION, THE MET K-12 TEACHER PROFESSIONAL LEARNING COMMUNITY, A YEARLONG IMMERSIVE PRACTICUM FOR NEW YORK CITY SCHOOLTEACHERS WORKING IN TITLE I OR DISTRICT 75 PUBLIC SCHOOLS, RESUMED WITH THE SELECTION OF FIFTEEN EDUCATORS TO INVESTIGATE HOW TEACHING WITH WORKS OF ART CAN SUPPORT STUDENT LEARNING. WE ALSO GRANTED FELLOWSHIPS TO FORTY-EIGHT LEADING INTERNATIONAL SCHOLARS AS PART OF OUR PRESTIGIOUS ACADEMIC AND PROFESSIONAL PROGRAMS. IN FALL 2017, THE MUSEUM LAUNCHED THE KENAN PROJECT, A THREE-YEAR INITIATIVE THAT ADVANCES OUR OBJECTIVE TO BE A RELEVANT AND AN INSPIRING FORCE IN COMMUNITIES ACROSS NEW YORK CITY. THE PROJECT HAS TWO COMPONENTS: THE FIRST ESTABLISHES THE MET AND NEW YORK UNIVERSITY'S TISCH SCHOOL OF THE ARTS AS ANCHOR ORGANIZATIONS AMONG NINETEEN OTHER CULTURAL AND COMMUNITY-BASED INSTITUTIONS TO EXPLORE THE IMPACT OF THE ARTS IN AND WITH COMMUNITIES. THE SECOND IS A COLLABORATIVE RESIDENCY FOR NEW YORK ARTISTS COMMITTED TO SOCIAL CHANGE. INAUGURAL ARTISTS RASHIDA BUMBRAY AND MIGUEL LUCIANO ARE PARTNERING WITH THE MET TO DEVELOP AND IMPLEMENT VITAL, AMBITIOUS COLLABORATIONS BETWEEN THEIR COMMUNITIES AND THE MUSEUM, INCLUDING ENGAGING SELECTED INDIVIDUALS IN A CIVIC PRACTICE SEMINAR THAT TRAINS ARTISTS TO BUILD SOCIALLY ENGAGING AND RESPONSIBLE RELATIONSHIPS WITH COMMUNITIES AND INSTITUTIONS. THIS FISCAL YEAR WE ALSO PUBLISHED THE PROCEEDINGS OF A GROUNDBREAKING, DAYLONG CREATIVE CONVENING HELD IN FISCAL YEAR 2017 AND INSPIRED BY THE FALL 2016 MET BREUER EXHIBITION "KERRY JAMES MARSHALL: MASTRY." PUBLISHED WITH SUPPORT FROM THE FORD FOUNDATION, THE ILLUSTRATED BOOK CONSIDERS THE ROLE OF CREATIVITY, HARD WORK, SOCIAL JUSTICE, AND IMAGINATION IN VARIOUS DISCIPLINES INSPIRED BY MARSHALL'S PRACTICE AND WORK. IT WILL BE DISTRIBUTED FREE OF CHARGE TO ARTISTS, SCHOLARS, EDUCATORS, AND CULTURAL AND EDUCATIONAL INSTITUTIONS. |
| FORM 990, PART III - CONTINUED | DIGITAL THE MET HAS EMERGED AS A GLOBAL LEADER IN BOTH ITS DIGITAL PRACTICES AND REACH. THE MUSEUM'S WEBSITE ENDED THE YEAR WITH 30.4 MILLION VISITS, 32 PERCENT OF WHICH WERE INTERNATIONAL. THE MET'S ONLINE COLLECTION AND THE HEILBRUNN TIMELINE OF ART HISTORY CONTINUE TO DRAW THE MOST HITS, WITH 8.4 MILLION AND 9.4 MILLION, RESPECTIVELY. THE MET'S PARTNERSHIP WITH THE WIKIMEDIA COMMUNITY IN THE SECOND YEAR OF THE MUSEUM'S OPEN ACCESS POLICY -- WHICH MADE OVER 375,000 ONLINE COLLECTION IMAGES AVAILABLE FOR FREE AND UNRESTRICTED USE -- ENABLES THE COLLECTION TO REACH MORE THAN 10 MILLION USERS PER MONTH ON WIKIPEDIA. THE MUSEUM'S SOCIAL MEDIA REACH CONTINUES TO EXPAND: ITS TWITTER FEED HAS MORE THAN 4.4 MILLION FOLLOWERS (49 PERCENT INTERNATIONAL); ITS WEBBY AWARD-WINNING INSTAGRAM HAS 2.5 MILLION (66 PERCENT INTERNATIONAL); AND ITS FACEBOOK ACCOUNT HAS MORE THAN 1.9 MILLION (67 PERCENT INTERNATIONAL). IN ADDITION, THE MUSEUM HAS USED FACEBOOK LIVE TO REACH AUDIENCES IN ENGLISH, SPANISH, KOREAN, MANDARIN, AND AMERICAN SIGN LANGUAGE. CAPITAL PROJECTS IN MARCH 2018, THE MUSEUM COMPLETED THE SECOND PHASE OF THE RENOVATION AND REINTERPRETATION OF ITS ANDR MERTENS GALLERIES FOR MUSICAL INSTRUMENTS. CULLED FROM ONE OF THE WORLD'S MOST DIVERSE AND IMPORTANT COLLECTIONS OF MUSICAL INSTRUMENTS -- OVER 5,000 EXAMPLES FROM A VARIETY OF CULTURES AND ERAS -- THE NEW PRESENTATION GIVES VIEWERS A UNIQUE PERSPECTIVE ON THE INTERWOVEN WORLDS OF MUSIC, ART, AND SOCIETY. THE RENOVATED GALLERIES DISPLAY THE TREASURES OF THE COLLECTION, INCLUDING THE WORLD'S OLDEST SURVIVING PIANO, MADE BY BARTOLOMEO CRISTOFORI IN FLORENCE IN 1720; CLOISONN TRUMPETS FROM THE MING DYNASTY; PRE-COLUMBIAN DRUMS; ANDRS SEGOVIA'S GUITAR; AND VIOLINS BY ANTONIO STRADIVARI AND ANDREA AMATI. THE FIRST PHASE OF THE PROJECT, WHICH PRESENTS A SELECTION OF BRASS INSTRUMENTS, WAS COMPLETED IN JUNE 2017; THE THIRD AND FINAL PHASE IS SCHEDULED TO OPEN IN SPRING 2019. IN FISCAL YEAR 2018, WE ALSO MADE SIGNIFICANT PROGRESS IN A MULTIYEAR PROJECT TO RENOVATE TEN GALLERIES DEVOTED TO BRITISH DECORATIVE ARTS AND SCULPTURE OF THE EARLY SIXTEENTH THROUGH THE NINETEENTH CENTURY. THE WORK BEGAN TWO YEARS AGO, AND WHEN THE GALLERIES REOPEN IN EARLY 2020 THEY WILL PROVIDE OUR VISITORS WITH A NARRATIVE-RICH EXPERIENCE OF BRITISH DESIGN. THE MUSEUM ALSO EMBARKED ON A MOMENTOUS PROJECT TO IMPROVE THE WAY VISITORS EXPERIENCE ITS COLLECTION OF EUROPEAN PAINTINGS FROM 1250 TO 1800 BY REPLACING AND UPDATING THE GALLERIES' SKYLIGHTS, WHICH WERE CONSTRUCTED IN 1939. THE PROJECT BEGAN IN APRIL AND WILL BE COMPLETED IN PHASES OVER FOUR AND A HALF YEARS. TO ENSURE THAT IMPORTANT MASTERPIECES REMAIN ON VIEW DURING THIS TIME, MANY WORKS HAVE BEEN MOVED TO OTHER GALLERIES. THE METROPOLITAN MUSEUM OF ART IS A REMARKABLE COMMUNITY WHOSE PRESENCE IN THE WORLD IS WELCOMING TO ALL AND A POWERFUL CIVILIZING FORCE, CHAMPIONING THE HIGHEST ACHIEVEMENTS IN ART FROM ALL CULTURES. AS WE APPROACH OUR 150TH ANNIVERSARY, WE LOOK FORWARD TO CONTINUING TO EXTEND TO OUR GLOBAL AUDIENCE UNPARALLELED OPPORTUNITIES TO CONNECT WITH OVER 5,000 YEARS OF BEAUTY, CREATIVITY, AND ARTISTIC ACHIEVEMENT. |
| FORM 990, PART VI, LINE 1A - VOTING RIGHTS | GOVERNING BODY DELEGATED AUTHORITY IN ACCORDANCE WITH THE MUSEUM'S BY-LAWS, THE EXECUTIVE COMMITTEE HAS THE RIGHT TO EXERCISE ALL THE POWERS OF THE BOARD OF TRUSTEES DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES OTHER THAN THE POWERS TO (A) FILL VACANCIES IN THE BOARD OF TRUSTEES OR IN ANY COMMITTEE; (B) AMEND OR REPEAL THE BY-LAWS OR ADOPT NEW BY-LAWS;(C) AMEND OR REPEAL ANY RESOLUTION OF THE BOARD OF TRUSTEES WHICH BY ITS TERMS SHALL NOT BE SO AMENDABLE OR REPEALABLE; (D) ELECT OR REMOVE TRUSTEES OR OFFICERS; (E) APPROVE A MERGER OR PLAN OF DISSOLUTION; (F) ADOPT A RESOLUTION AUTHORIZING ACTION ON THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL THE ASSETS OF THE MUSEUM; OR (G) APPROVE AMENDMENTS TO THE CHARTER. |
| FORM 990, PART VI, LINE 2 - FAMILY OR BUSINESS RELATIONSHIP | TWO TRUSTEES OF THE MUSEUM, HAMILTON E. JAMES AND J. TOMILSON HILL, HAVE A BUSINESS RELATIONSHIP. BOTH WERE OFFICERS OF THE BLACKSTONE GROUP DURING FY18. |
| FORM 990, PART VI, LINE 6 - MEMBERS OF THE ORGANIZATION | GOVERNING BODY AND MANAGEMENT THE MUSEUM DOES NOT HAVE "MEMBERS" AS SUCH TERM IS DEFINED IN THE INSTRUCTIONS TO FORM 990. HOWEVER, THE MUSEUM USES THE TERM "MEMBERS" IN CONNECTION WITH DUES, FEES, GOODS, BENEFITS, PRIVILEGES AND SERVICES AS ESTABLISHED BY THE MUSEUM FROM TIME TO TIME. |
| FORM 990, PART VI, LINE 11B - REVIEW PROCESS | PROCESS THE ORGANIZATION USES TO REVIEW THE FORM 990 THE MUSEUM'S FORM 990, INCLUDING REQUIRED SCHEDULES AND SUPPORTING DOCUMENTATION, IS INITIALLY COMPILED BY THE MUSEUM'S FINANCE DEPARTMENT PRIMARILY RELYING ON THE MUSEUM'S GENERAL LEDGER, AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL SYSTEMS. THE MUSEUM'S CONTROLLER, CHIEF FINANCIAL OFFICER, GENERAL COUNSEL, AND EXTERNAL TAX ADVISORS PARTICIPATE IN A SERIES OF DETAILED REVIEWS OF THE FORM 990. THE FORM 990 IS ALSO REVIEWED BY THE MUSEUM'S SENIOR MANAGEMENT, INCLUDING THE MUSEUM'S PRESIDENT AND DIRECTOR AND THE AUDIT COMMITTEE OF THE MUSEUM'S BOARD OF TRUSTEES. A COMPLETE COPY IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. THE MUSEUM'S EXTERNAL TAX ADVISORS FILE THE FORM 990 ELECTRONICALLY WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, LINE 12C - CONFLICT OF INTEREST | THE MUSEUM REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY REQUIRING ONGOING DISCLOSURE OF POTENTIAL CONFLICTS, REVIEW OF SUCH DISCLOSURES, AND RECUSAL BY CONFLICTED INDIVIDUALS WHEN WARRANTED. SPECIFICALLY, ON AN ANNUAL BASIS, THE MUSEUM SEEKS TO ENSURE COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY SENDING RELEVANT WRITTEN POLICIES TO SENIOR STAFF, TRUSTEES AND ADVISORY MEMBERS OF COMMITTEES OF THE BOARD OF TRUSTEES. EACH POLICY IS SENT WITH A STATEMENT, WHICH MUST BE COMPLETED, SIGNED AND RETURNED TO THE MUSEUM'S GENERAL COUNSEL. THE STATEMENT REQUIRES EACH INDIVIDUAL TO CONFIRM THAT HE OR SHE HAS (I) RECEIVED A COPY OF THE POLICY, (II) READ AND UNDERSTOOD THE POLICY AND (III) AGREES TO COMPLY WITH THE POLICY. THE INDIVIDUAL IS ALSO ASKED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST THAT HE OR SHE OR A MEMBER OF HIS OR HER FAMILY, OR AN ENTITY IN WHICH ANY OF THEM HAVE A MATERIAL OWNERSHIP INTEREST, MAY HAVE. THE STATEMENTS ARE COMPLETED AND RETURNED TO THE GENERAL COUNSEL'S OFFICE. WHEN POTENTIAL CONFLICTS ARISE, THEY ARE INITIALLY EVALUATED BY THE GENERAL COUNSEL WITH THE ASSISTANCE OF OUTSIDE LEGAL COUNSEL IF NECESSARY. ACTUAL CONFLICTS OF INTEREST ARE RESOLVED IN CONSULTATION WITH THE MUSEUM'S PRESIDENT AND DIRECTOR (FOR STAFF) AND THE CHAIRMAN OF THE BOARD OF TRUSTEES AND THE LEGAL COMMITTEE OF THE MUSEUM'S BOARD (FOR TRUSTEES, INCLUDING THE PRESIDENT AND THE DIRECTOR). IF AN ACTUAL CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION. A SUMMARY OF THE POTENTIAL CONFLICTS OF INTEREST DISCLOSED BY THE TRUSTEES ARE PRESENTED TO THE AUDIT COMMITTEE EACH YEAR. A SUMMARY OF THE POTENTIAL CONFLICTS OF INTEREST DISCLOSED BY SENIOR STAFF IS PRESENTED TO THE PRESIDENT AND THE DIRECTOR EACH YEAR. |
| FORM 990, PART VI, LINES 15A AND 15B - COMPENSATION REVIEW PROCESS | THE COMPENSATION COMMITTEE ("THE COMMITTEE") OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR OVERSIGHT OF COMPENSATION AND BENEFITS PROGRAMS FOR THE MUSEUM'S OFFICERS, AND FOR ENSURING THAT THE COMPENSATION POLICIES OF THE MUSEUM ARE CONSISTENT WITH AND IN SUPPORT OF THE MUSEUM'S MISSION, VALUES AND LONG-TERM GOALS. THE INTENT OF THE COMMITTEE IS TO PROVIDE A TOTAL COMPENSATION PROGRAM FOR THE OFFICERS THAT PROMOTES THE MUSEUM'S LONG-TERM OBJECTIVES, AND IS REASONABLE, APPROPRIATE, AND FAIR. ANNUALLY, AN INDEPENDENT COMPENSATION CONSULTANT AND THE COMMITTEE REVIEW THE TOTAL COMPENSATION OF EACH OFFICER OF THE MUSEUM. THE INDEPENDENT COMPENSATION CONSULTANT MAKES RECOMMENDATIONS WITH RESPECT TO THE TOTAL COMPENSATION OF EACH OFFICER, AND THE COMMITTEE APPROVES THE COMPENSATION. COMPENSATION DECISIONS ARE MADE WITH REFERENCE TO COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE ROLES AT SIMILARLY SITUATED ORGANIZATIONS PRESENTED BY THE INDEPENDENT COMPENSATION CONSULTANT. THE INDEPENDENT COMPENSATION CONSULTANT AND THE COMMITTEE ALSO CONSIDER OTHER RELEVANT FACTORS IN DETERMINING COMPENSATION, INCLUDING THE MUSEUM'S MISSION AND GOALS, THE PERFORMANCE OF EACH OFFICER, AND THE MARKET FOR EXECUTIVE TALENT. THE COMMITTEE COMPLIES WITH THE "REBUTTABLE PRESUMPTION" PROCEDURES FOR DETERMINING THAT COMPENSATION IS REASONABLE UNDER INTERNAL REVENUE CODE SECTION 4958. DELIBERATIONS AND DECISIONS REGARDING COMPENSATION ARRANGEMENTS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MEETING MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 - GOVERNING DOCUMENTS | PUBLIC AVAILABILITY OF OTHER DOCUMENTS THE MUSEUM'S AUDITED FINANCIAL STATEMENTS ARE INCLUDED IN THE MUSEUM'S ANNUAL REPORT, WHICH IS MADE AVAILABLE TO THE PUBLIC ON THE MUSEUM'S WEBSITE. THE MUSEUM MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. |
| PART XI, LINE 9, OTHER CHANGES IN NET ASSETS | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 2,032,398 UNREALIZED GAINS AND LOSSES ON 2015 BOND PROCEEDS 11,688,437 NET RECLASSIFICATIONS, FEES, AND OTHER 1,900,172 PENSION - RELATED CHANGES OTHER THAN NPPC 33,122,839 CHANGE IN FAIR VALUE OF INTEREST RATE EXCHANGE AGREEMENTS 7,283,114 PARTNERSHIP UBIT 12,266,952 ---------- TOTAL 68,293,912 |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE TRUSTS (13) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | TRUST | PrimaryActivitiesTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | TRUST | EntityTypeTxt |
| Controlled Organization | false | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |