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THE METROPOLITAN MUSEUM OF ART: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
THE METROPOLITAN MUSEUM OF ART (EIN 13-1624086)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-02-14
IRS object ID
201820459349301097
Schema version
2016v3.1
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-02-14T15:29:29-06:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PricewaterhouseCoopers LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1600 13TH ST NW STE 1000AddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20005ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN131624086EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1METROPOLITAN MUSEUM OF ARTBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% CONTROLLER'S OFFICEInCareOfNm
Business Name ControlMETRBusinessNameControlTxt
Phone2128795500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 FIFTH AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100280198ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAMESON KELLEHERPersonNm
Person TitleVP, CFO & TREASURERPersonTitleTxt
Phone2125703794PhoneNum
Signature2018-02-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTRAVIS L PATTONPreparerPersonNm
PTINP00369623PTIN
Phone2024141000PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address155.201.188.32IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id13049920180455000058FederalOriginalSubmissionId
Federal Original Submission Id2018-02-14FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id9836F21211F783457B1CAAE389E510E1D47B5978AtSubmissionCreationDeviceId
At Submission Filing Device IdD2E6DAE59E3B0B57B6BC21A6D01EA3FF17D18519AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDaniel WeissPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 FIFTH AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100280198ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,205,931,798GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.METMUSEUM.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1870FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE METROPOLITAN MUSEUM OF ART COLLECTS, STUDIES, CONSERVES, AND PRESENTS SIGNIFICANT WORKS OF ART ACROSS ALL TIMES AND CULTURES; SEE SCHEDULE O FOR MORE DETAILSActivityOrMissionDesc
Voting Members Governing Body46VotingMembersGoverningBodyCnt
Voting Members Independent42VotingMembersIndependentCnt
Total Employee2576TotalEmployeeCnt
Total Volunteers1317TotalVolunteersCnt
Total Gross UBI-$12,352,499TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$259,945,100PYContributionsGrantsAmt
CY Contributions Grants$312,492,656CYContributionsGrantsAmt
PY Program Service Revenue$6,854,264PYProgramServiceRevenueAmt
CY Program Service Revenue$6,836,283CYProgramServiceRevenueAmt
PY Investment Income$128,264,775PYInvestmentIncomeAmt
CY Investment Income$210,276,410CYInvestmentIncomeAmt
PY Other Revenue$29,945,843PYOtherRevenueAmt
CY Other Revenue$44,147,326CYOtherRevenueAmt
PY Total Revenue$425,009,982PYTotalRevenueAmt
CY Total Revenue$573,752,675CYTotalRevenueAmt
PY Grants And Similar Paid$2,292,316PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,443,793CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$203,675,718PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$205,908,994CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$206,313PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$192,435CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$12,813,144CYTotalFundraisingExpenseAmt
PY Other Expenses$259,701,033PYOtherExpensesAmt
CY Other Expenses$220,278,456CYOtherExpensesAmt
PY Total Expenses$465,875,380PYTotalExpensesAmt
CY Total Expenses$429,823,678CYTotalExpensesAmt
PY Revenues Less Expenses-$40,865,398PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$143,928,997CYRevenuesLessExpensesAmt
Total Assets BOY$3,828,721,524TotalAssetsBOYAmt
Total Assets EOY$4,183,398,721TotalAssetsEOYAmt
Total Liabilities BOY$792,896,789TotalLiabilitiesBOYAmt
Total Liabilities EOY$749,102,705TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,035,824,735NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,434,296,016NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE 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 SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$168,735,051ExpenseAmt
Grant$3,443,793GrantAmt
Revenue$5,459,870RevenueAmt
DescCURATORIAL DEPARTMENTS, INCLUDING OPERATION OF THE CLOISTERS OPERATIONS OF BREUER, CONSERVATION, CATALOGUING AND SCHOLARLY PUBLICATIONS (INCLUDES FELLOWSHIP AWARDS AND TRAVEL STIPENDS IN THE AMOUNT OF $3,443,793)- SEE SCHEDULE O FOR MORE INFORMATIONDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$68,644,058ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescGUARDIANSHIP AND MAINTENANCE OF THE MUSEUM AND ITS ART COLLECTION - SEE SCHEDULE O FOR MORE INFORMATIONDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$25,506,598ExpenseAmt
Grant$0GrantAmt
Revenue$13,407,462RevenueAmt
DescACQUISITIONS AND SALES OF ART - SEE SCHEDULE O FOR MORE INFORMATIONDesc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (10 entries)

ExpenseExpenseAmtDescDescRevenueRevenueAmt
$23,308,801OPERATION OF RESTAURANTS
$14,687,093SPECIAL EXHIBITIONS
$14,329,791EDUCATION AND LIBRARIES
$7,481,989OPERATING SERVICES
$10,477,114COMMUNICATIONS$30,250
$6,241,809MEMBERSHIP
$3,208,113OPERATION OF AUDITORIUM$1,346,163
$1,435,616OPERATION OF PARKING GARAGE
CORPORATE EVENTS & FUNDRAISING$825,907
$3,435,873RETAIL Operations$2,263,613
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$84,606,199TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$4,465,933TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$347,491,906TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsYes (true)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntYes (true)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document906IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee2576EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryEGForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members46GoverningBodyVotingMembersCnt
Independent Voting Member42IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldHIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCONTROLLER'S OFFICEPersonNm
Phone2128795500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 FIFTH AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100280198ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (71 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
DANIEL BRODSKY
ELECTIVE TRUSTEE & CHAIRMAN5.00.0Yes (X)Yes (X)$0$0$0
RUSSELL L CARSON
ELECTIVE TRUSTEE & VICE CHAIR2.00.0Yes (X)Yes (X)$0$0$0
RICHARD L CHILTON JR
ELECTIVE TRUSTEE & VICE CHAIR2.00.0Yes (X)Yes (X)$0$0$0
LULU C WANG
ELECTIVE TRUSTEE & VICE CHAIR2.00.0Yes (X)Yes (X)$0$0$0
CANDACE K BEINECKE
ELECTIVE TRUSTEE2.00.0Yes (X)$0$0$0
MERRYL H TISCH
ELECTIVE TRUSTEE FROM 9/20161.00.0Yes (X)$0$0$0
WELLINGTON Z CHEN
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
MARK FISCH
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
MARINA KELLEN FRENCH
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
JEFFREY W GREENBERG
ELECTIVE TRUSTEE2.00.0Yes (X)$0$0$0
CHARLES N ATKINS
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
J TOMILSON HILL
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
BONNIE B HIMMELMAN
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
PHILIP H ISLES
ELECTIVE TRUSTEE to 9/161.00.0Yes (X)$0$0$0
HAMILTON E JAMES
ELECTIVE TRUSTEE2.00.0Yes (X)$0$0$0
DEBRA BLACK
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
STEPHEN M CUTLER
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
DASHA ZHUKOVA
ELECTIVE TRUSTEE FROM 9/20161.00.0Yes (X)$0$0$0
BIJAN MOSSAVAR-RAHMANI
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
JEFFREY M PEEK
ELECTIVE TRUSTEE2.00.0Yes (X)$0$0$0
BLAIR EFFRON
ELECTIVE TRUSTEE2.00.0Yes (X)$0$0$0
JOHN PAULSON
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
SAMANTHA BOARDMAN
ELECTIVE TRUSTEE2.00.0Yes (X)$0$0$0
SIR PAUL RUDDOCK
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
WILLIAM C RUDIN
ELECTIVE TRUSTEE to 9/161.00.0Yes (X)$0$0$0
BONNIE J SACERDOTE
ELECTIVE TRUSTEE2.00.0Yes (X)$0$0$0
ALEJANDRO SANTO DOMINGO
ELECTIVE TRUSTEE2.00.0Yes (X)$0$0$0
ANDREW M SAUL
ELECTIVE TRUSTEE2.00.0Yes (X)$0$0$0
JAMES E SHIPP
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
ANDREW SOLOMON
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
ANN G TENENBAUM
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
BEATRICE STERN
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
BARRIE A WIGMORE
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
ANNA WINTOUR
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
JAMES BREYER
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
CAROLINE DIAMOND HARRISON
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
HOWARD MARKS
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
N ANTHONY COLES
ELECTIVE TRUSTEE2.00.0Yes (X)$0$0$0
ALVARO SAIEH
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
COLVIN GRANNUM
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
PHILIP F MARITZ
ELECTIVE TRUSTEE1.00.0Yes (X)$0$0$0
BILL DE BLASIO
EX-OFFICIO TRUSTEE1.00.0Yes (X)$0$0$0
MELISSA MARK-VIVERITO
EX-OFFICIO TRUSTEE1.00.0Yes (X)$0$0$0
MITCHELL J SILVER
EX-OFFICIO TRUSTEE1.00.0Yes (X)$0$0$0
TOM FINKELPEARL
EX-OFFICIO TRUSTEE1.00.0Yes (X)$0$0$0
SCOTT STRINGER
EX-OFFICIO TRUSTEE1.00.0Yes (X)$0$0$0
THOMAS P CAMPBELL
DIR TO 7/17,EX-OFFICIO TRUSTEE35.00.0Yes (X)$1,067,096$0$359,670
DANIEL H WEISS
PRES&CEO FROM 6/17; EX-OF TRUS35.00.0Yes (X)$842,002$0$59,669
CLYDE B JONES III
SVP INST. ADVANCEMENT35.00.0Yes (X)$472,440$0$46,673
CARRIE R BARRATT
DEPUTY DIR COLLECTIONS/ADMIN.35.00.0Yes (X)$358,499$0$59,009
QUINCY K HOUGHTON
ASSOC DIR OF EXHIB FROM 8/1635.00.0Yes (X)$141,159$0$25,877
SHARON H COTT
SVP, SEC & GEN COUNSEL35.00.0Yes (X)$436,152$0$58,961
JAMESON KELLEHER
VP, CFO & TREASURER FROM 9/1635.00.0Yes (X)$293,810$0$58,286
TOM JAVITS
VP CONSTRUCTION & FACILITIES35.00.0Yes (X)$360,135$0$58,628
WILL MANZER
VP&GNL MGR MERCH&RET FROM 9/1635.00.0Yes (X)$97,309$0$8,846
DEBRA A MCDOWELL
VP HUMAN RESOURCES TO 10/1735.00.0Yes (X)$316,473$0$46,395
ELYSE TOPALIAN
VP FOR COMMUNICATIONS TO 6/1735.00.0Yes (X)$254,405$0$57,332
SUZANNE E BRENNER
SVP & CHIEF INVESTMENT OFFICER35.00.0Yes (X)$1,081,250$0$229,903
LAUREN A MESERVE
CHIEF INVESTMENT OFFICER35.00.0Yes (X)$1,006,994$0$207,515
JEFFREY SPAR
VP TECH & CHIEF TECH OFFICER35.00.0Yes (X)$352,827$0$58,997
KENNETH N WEINE
VP & CCO FROM 1/1735.00.0Yes (X)$0$0$0
BARBARA D BOEHM
Sr Curator for the Cloisters35.00.0$883,575$0$44,966Yes (X)
KEN M WEINSTEIN
GM Merch Fin,Ops,Sys to 8/1635.00.0$463,566$0$47,206Yes (X)
SREE SREENIVASAN
CHIEF DIGITAL OFFICER TO 6/1635.00.0$356,095$0$38,533Yes (X)
STEPHEN A MANZI
CHIEF DEVELOP OFFICER INDIV35.00.0$290,783$0$58,678Yes (X)
KEITH R CHRISTIANSEN
CHAIRMAN, EUROPEAN PAINTINGS35.00.0$288,623$0$58,414Yes (X)
OLENA M PASLAWSKY
FMR. SVP, CFO & TREAS TO 6/1635.00.0$788,153$0$42,594Yes (X)
JENNIFER RUSSELL
FMR.ASSOC DIR OF EXHIB TO 6/1635.00.0$222,378$0$29,688Yes (X)
NINA MCN DIEFENBACH
FMR. VP DEVEL & MEMBER TO 6/1635.00.0$223,795$0$42,489Yes (X)
JO PROSSER
FMR. VP MERCH & RETAIL to 4/1635.00.0$363,601$0$20,978Yes (X)
CYNTHIA ROUND
FMR.SVP,MKTNG&EXT RELS TO 6/1635.00.0$467,185$0$49,049Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$11,428,305TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,768,356TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K316IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
BEYER BLINDER BELLE ARCHITECTSPLAN
120 BROADWAYNEW YORKNY10271ARCHITECTURAL SVCS$7,071,325
RC DOLNER LLC
307 5TH AVE 3RD FLOORNEW YORKNY10016CONSTRUCTION MANAGER$3,649,181
MASTERPIECE INTERNATIONAL
39 BROADWAYNEW YORKNY10006CUSTOMHOUSE BROKERS$1,967,836
RAUL AVILA INC
20 W 22ND ST STE 1012NEW YORKNY10010DESIGN CONSULTANT$1,781,512
PRICEWATERHOUSECOOPERS LLP
PO BOX 7247-8001PHILADELPHIAPA191708001PROFESSIONAL FEES$1,313,167
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K51CntrctRcvdGreaterThan100KCnt
Membership Dues$27,461,815MembershipDuesAmt
Fundraising$19,143,189FundraisingAmt
Government Grants$16,839,947GovernmentGrantsAmt
All Other Contributions$249,047,705AllOtherContributionsAmt
Noncash Contributions$18,334,993NoncashContributionsAmt
Total Contributions$312,492,656TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
EDUCATIONAL PRGMS, CONCERTS & LECTURES532000$6,806,033$5,603,340$1,202,693
PHOTO RENTALS & FILM FEES532000$30,250$30,250
FieldValueIRS element (for citing)
Total Program Service Revenue$6,836,283TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,706,888TotalRevenueColumnAmt
Unrelated Business Revenue-$17,654,525UnrelatedBusinessRevenueAmt
Exclusion$39,361,413ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$51,579TotalRevenueColumnAmt
Exclusion$51,579ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$761,436,405SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$572,866,882SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$188,569,523SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$188,569,522TotalRevenueColumnAmt
Exclusion$188,569,522ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$978,844FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$19,143,189ContriRptFundraisingEventAmt
Fundraising Direct Expenses$5,862,816FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$4,883,972TotalRevenueColumnAmt
Exclusion-$4,883,972ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$56,032,589GrossSalesOfInventoryAmt
Cost Of Goods Sold$53,449,425CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,583,164TotalRevenueColumnAmt
Related Or Exempt Func Income$2,263,613RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$319,551UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
CORPORATE EVENTS722320$2,872,556$825,907$2,046,649
PARKING GARAGE812930$2,568,318$2,568,318
RESTAURANT722511$27,548,219$1,702,883$25,845,336

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,407,462TotalRevenueColumnAmt
Related Or Exempt Func Income$13,407,462RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$46,396,555OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$573,752,675TotalRevenueColumnAmt
Related Or Exempt Func Income$22,100,322RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$12,352,499UnrelatedBusinessRevenueAmt
Exclusion$251,512,196ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$3,325,043TotalAmt
Program Services$3,325,043ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$118,750TotalAmt
Program Services$118,750ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$8,867,297TotalAmt
Program Services$3,798,371ProgramServicesAmt
Management And General$4,571,904ManagementAndGeneralAmt
Fundraising$497,022FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$128,710,033TotalAmt
Program Services$104,229,687ProgramServicesAmt
Management And General$18,973,379ManagementAndGeneralAmt
Fundraising$5,506,967FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$21,681,342TotalAmt
Program Services$18,323,435ProgramServicesAmt
Management And General$2,683,015ManagementAndGeneralAmt
Fundraising$674,892FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$37,111,574TotalAmt
Program Services$31,869,124ProgramServicesAmt
Management And General$4,067,918ManagementAndGeneralAmt
Fundraising$1,174,532FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$9,538,748TotalAmt
Program Services$8,224,140ProgramServicesAmt
Management And General$1,011,170ManagementAndGeneralAmt
Fundraising$303,438FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,833,180TotalAmt
Program Services$205,428ProgramServicesAmt
Management And General$1,627,752ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$843,602TotalAmt
Management And General$843,602ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$88,232TotalAmt
Program Services$88,232ProgramServicesAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$192,435TotalAmt
Fundraising$192,435FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$18,181,635TotalAmt
Management And General$18,181,635ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$11,986,080TotalAmt
Program Services$7,318,837ProgramServicesAmt
Management And General$3,575,922ManagementAndGeneralAmt
Fundraising$1,091,321FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$6,335,653TotalAmt
Program Services$5,916,866ProgramServicesAmt
Management And General$2,000ManagementAndGeneralAmt
Fundraising$416,787FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$38,721,858TotalAmt
Program Services$34,262,210ProgramServicesAmt
Management And General$2,383,314ManagementAndGeneralAmt
Fundraising$2,076,334FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,737,523TotalAmt
Program Services$661,954ProgramServicesAmt
Management And General$893,870ManagementAndGeneralAmt
Fundraising$181,699FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$3,152TotalAmt
Program Services$3,152ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$5,776,655TotalAmt
Program Services$5,776,655ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,821,952TotalAmt
Program Services$2,626,750ProgramServicesAmt
Management And General$90,746ManagementAndGeneralAmt
Fundraising$104,456FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$387,555TotalAmt
Program Services$307,552ProgramServicesAmt
Management And General$56,020ManagementAndGeneralAmt
Fundraising$23,983FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$12,264,166TotalAmt
Program Services$11,039,662ProgramServicesAmt
Management And General$1,224,504ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$53,663,140TotalAmt
Program Services$46,012,252ProgramServicesAmt
Management And General$7,508,466ManagementAndGeneralAmt
Fundraising$142,422FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,315,941TotalAmt
Program Services$1,615,639ProgramServicesAmt
Management And General$700,302ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Purchases of Art$25,506,598$25,506,598
RESTAURANT SERVICES&SUPPLIES$25,951,452$25,950,652$800
REPAIRS & MAINTENANCE$5,263,144$5,223,481$39,663
CATERING SERVICES$3,129,617$2,389,856$432,412$307,349

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,467,321TotalAmt
Program Services$2,697,580ProgramServicesAmt
Management And General$650,234ManagementAndGeneralAmt
Fundraising$119,507FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$429,823,678TotalAmt
Program Services$347,491,906ProgramServicesAmt
Management And General$69,518,628ManagementAndGeneralAmt
Fundraising$12,813,144FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$7,237,908BOYAmt
EOY$53,777,494EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$144,519,181BOYAmt
EOY$202,602,890EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$12,685,488BOYAmt
EOY$10,729,116EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$9,711,431BOYAmt
EOY$7,113,639EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$10,830,587BOYAmt
EOY$9,912,363EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,115,255,443LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$721,793,092LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$414,076,769BOYAmt
EOY$393,462,351EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,399,037,345BOYAmt
EOY$2,604,459,356EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$760,492,215BOYAmt
EOY$829,025,594EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$70,130,600BOYAmt
EOY$72,315,918EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,828,721,524BOYAmt
EOY$4,183,398,721EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$83,065,990BOYAmt
EOY$75,662,875EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$5,372,877BOYAmt
EOY$5,328,692EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$185,497,941BOYAmt
EOY$171,422,365EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$22,522,000BOYAmt
EOY$21,675,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$248,618,472BOYAmt
EOY$248,666,806EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$247,819,509BOYAmt
EOY$226,346,967EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$792,896,789BOYAmt
EOY$749,102,705EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$687,449,710BOYAmt
EOY$839,340,568EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,388,377,528BOYAmt
EOY$1,535,971,088EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$959,997,497BOYAmt
EOY$1,058,984,360EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,035,824,735BOYAmt
EOY$3,434,296,016EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,828,721,524BOYAmt
EOY$4,183,398,721EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$143,928,997ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$178,731,218NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$75,811,066OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$310,234,475CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$294,489,131CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$255,926,608CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$259,945,100CurrentTaxYearMinus1YearAmt
Current Tax Year$312,492,656CurrentTaxYearAmt
Total$1,433,087,970TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$16,025,751CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$15,278,239CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$16,715,169CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17,715,465CurrentTaxYearMinus1YearAmt
Current Tax Year$14,667,793CurrentTaxYearAmt
Total$80,402,417TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$326,260,226CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$309,767,370CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$272,641,777CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$277,660,565CurrentTaxYearMinus1YearAmt
Current Tax Year$327,160,449CurrentTaxYearAmt
Total$1,513,490,387TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$91,043,871SubstantialContributorsTotAmt
Public Support Total170$1,422,446,516PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$47,256,240CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$49,728,101CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$43,474,530CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$38,288,913CurrentTaxYearMinus1YearAmt
Current Tax Year$39,412,992CurrentTaxYearAmt
Total$218,160,776TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,983,699CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,402,549CurrentTaxYearMinus3YearsAmt
Total$14,386,248TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$1,746,037,411TotalSupportAmt
Gross Receipts Rltd Activities$409,328,920GrossReceiptsRltdActivitiesAmt
Public Support CY1700.81467PublicSupportCY170Pct
Public Support PY1700.80832PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$19,448FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$323,014FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$342,462FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$488,793,457FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$489,135,919FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt
FieldValueIRS element (for citing)
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$1,000,000CurrentYearMinus3Amt
Current Year Minus2$1,000,000CurrentYearMinus2Amt
Current Year Minus1$1,000,000CurrentYearMinus1Amt
Current Year$1,000,000CurrentYearAmt
Total$4,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$6,000,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$259,178CurrentYearMinus3Amt
Current Year Minus2$333,119CurrentYearMinus2Amt
Current Year Minus1$339,239CurrentYearMinus1Amt
Current Year$342,462CurrentYearAmt
Total$1,273,998TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$250,000CurrentYearMinus3Amt
Current Year Minus2$250,000CurrentYearMinus2Amt
Current Year Minus1$250,000CurrentYearMinus1Amt
Current Year$250,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$1,500,000GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$16,819CurrentYearMinus3Amt
Current Year Minus2$18,573CurrentYearMinus2Amt
Current Year Minus1$18,989CurrentYearMinus1Amt
Current Year$19,448CurrentYearAmt
Total$73,829TotalAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,523,689,299BeginningYearBalanceAmt
Contributions$106,501,247ContributionsAmt
Investment Earnings Or Losses$388,580,757InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,998,554GrantsOrScholarshipsAmt
Other Expenditures$122,377,612OtherExpendituresAmt
End Year Balance$2,893,395,137EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,700,466,038BeginningYearBalanceAmt
Contributions$20,417,352ContributionsAmt
Investment Earnings Or Losses-$26,064,305InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,149,811GrantsOrScholarshipsAmt
Other Expenditures$167,979,975OtherExpendituresAmt
End Year Balance$2,523,689,299EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,656,291,524BeginningYearBalanceAmt
Contributions$55,893,860ContributionsAmt
Investment Earnings Or Losses$131,623,264InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,949,425GrantsOrScholarshipsAmt
Other Expenditures$140,393,185OtherExpendituresAmt
End Year Balance$2,700,466,038EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,371,491,241BeginningYearBalanceAmt
Contributions$38,131,683ContributionsAmt
Investment Earnings Or Losses$384,102,896InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,940,410GrantsOrScholarshipsAmt
Other Expenditures$134,493,886OtherExpendituresAmt
End Year Balance$2,656,291,524EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,181,791,580BeginningYearBalanceAmt
Contributions$28,030,302ContributionsAmt
Investment Earnings Or Losses$301,511,700InvestmentEarningsOrLossesAmt
Grants Or Scholarships$2,502,016GrantsOrScholarshipsAmt
Other Expenditures$137,340,325OtherExpendituresAmt
End Year Balance$2,371,491,241EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.29545BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.36600PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.33854TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,015,000OtherCostOrOtherBasisAmt
Book Value$1,015,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$41,643,852OtherCostOrOtherBasisAmt
Depreciation$28,000,605DepreciationAmt
Book Value$13,643,247BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,006,613,512OtherCostOrOtherBasisAmt
Depreciation$639,201,417DepreciationAmt
Book Value$367,412,095BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$65,983,079OtherCostOrOtherBasisAmt
Depreciation$54,591,070DepreciationAmt
Book Value$11,392,009BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$393,462,351TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
PRIVATE EQUITY$427,941,297F
REAL ASSETS$401,084,297F
FieldValueIRS element (for citing)
Total Book Value Securities$829,025,594TotalBookValueSecuritiesAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
ANNUITY & SPLIT-INT OBLIGS.$18,587,587
PENSION AND OTHER ACCRUED RTRM$207,759,380
FieldValueIRS element (for citing)
Total Liability$226,346,967TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$569,163,705TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$178,731,218NetUnrealizedGainsInvstAmt
Other Revenue$14,721,268OtherRevenueAmt
Revenue Not Reported$193,452,486RevenueNotReportedAmt
Revenue Subtotal$375,711,219RevenueSubtotalAmt
Other Revenues Not Included$198,041,456OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$198,041,456RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$573,752,675TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$395,420,684TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$74,033,704OtherExpensesIncludedAmt
Expenses Not Reported$74,033,704ExpensesNotReportedAmt
Expenses Subtotal$321,386,980ExpensesSubtotalAmt
Other Expenses Not Included$108,436,698OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$108,436,698ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$429,823,678TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART III, LINE 1ASFAS 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 4DESCRIPTION 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 & 4INTENDED 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 1AUDITED FINANCIAL STATEMENTS INCLUDE $389,911,115 FROM OPERATING ACTIVITIES AND $179,252,590 FROM NON-OPERATING ACTIVITIES FOR REVENUE, GAINS AND OTHER SUPPORT. TOTAL PART XI, LINE 1 $569,163,705.
SCHEDULE D, PART XI, LINE 2DRECONCILING ITEMS FOR REVENUE INCLUDE THE FOLLOWING: ADVERTISTING GIFTS-IN-KIND 53,475 FEDERAL INDEMNIFICATION 1,131,557 UTILITIES PROVIDED BY THE CITY OF NEW YORK 13,536,236 ---------- TOTAL 14,721,268
SCHEDULE D, PART XI, LINE 4BRECONCILING ITEMS FOR REVENUE INCLUDE THE FOLLOWING: MANAGEMENT FEES AND OTHER INVESTMENT EXPENSES 17,821,049 EXCESS INVESTMENT RETURN 241,690,322 COST OF SALES (53,449,425) FUNDRAISING EVENTS (5,862,816) PROCEEDS FROM SALE OF ART 13,407,462 2015 BOND PROCEEDS 196,790 CORPORATE SPECIAL EVENTS 1,004,386 MUSEUM LOANS 888,213 PARTNERSHIP UBIT (17,654,525) ----------- TOTAL 198,041,456
SCHEDULE D, PART XII, LINE 2DRECONCILING ITEMS FOR EXPENSES INCLUDE THE FOLLOWING: COST OF SALES 53,449,425 FUNDRAISING EVENTS 5,862,816 ADVERTISING GIFTS-IN-KIND 53,475 FEDERAL INDEMNIFICATION 1,131,557 UTILITIES PROVIDED BY THE CITY OF NEW YORK 13,536,431 ----------- TOTAL 74,033,704
SCHEDULE D, PART XII, LINE 4BRECONCILING ITEMS FOR EXPENSES INCLUDE THE FOLLOWING: DEPRECIATION AND MISCELLANEOUS NON-CAPITAL EXPENSES 50,700,122 PURCHASES OF ART 25,506,598 MANAGEMENT FEES AND OTHER INVESTMENT INCOME 17,821,049 INVESTMENT EXPENSES ON THE SERIES 2015 BOND 360,585 CORPORATE SPECIAL EVENTS 1,004,386 MUSEUM LOANS 888,213 EFFECT OF INTEREST RATE SWAP 12,155,745 ------------- TOTAL 108,436,698

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (13 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)GrantmakingT. Rousseau Fellowship$118,750
Europe (Including Iceland and Greenland)Program ServicesRESEARCH & EXHIBITIONS$737,440
Sub-Saharan AfricaProgram ServicesRESEARCH & EXHIBITIONS$1,673
East Asia and the PacificProgram ServicesRESEARCH & EXHIBITIONS$125,936
South AsiaProgram ServicesRESEARCH & EXHIBITIONS$94,410
South AmericaProgram ServicesRESEARCH & EXHIBITIONS$12,826
Middle East and North AfricaProgram ServicesRESEARCH & EXHIBITIONS$6,269
North AmericaProgram ServicesRESEARCH & EXHIBITIONS$36,903
South AsiaProgram ServicesRESEARCH & EXHIBITIONS$59,619
Russia and the Newly Independent StatesProgram ServicesRESEARCH & EXHIBITIONS$1,059
Central America and the CaribbeanInvestments$704,841,016
Europe (Including Iceland and Greenland)Investments$40,900,242
North AmericaInvestments$15,991,676
FieldValueIRS element (for citing)
Subtotal Spent$762,927,819SubtotalSpentAmt
Total Spent$762,927,819TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceT. Rousseau FellowshipTypeOfAssistanceTxt
RegionEurope (Including Iceland and Greenland)RegionTxt
Recipient3RecipientCnt
Cash Grant$118,750CashGrantAmt
Manner Of Cash DisbursementCHECKMannerOfCashDisbursementTxt
Description Of Non Cash AsstN/ADescriptionOfNonCashAsstTxt
Valuation Method UsedN/AValuationMethodUsedDesc
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMONITORING PROCEDURES- FORM 990, SCHEDULE F, PART I, LINE 2FormAndLineReferenceDesc
ExplanationThe 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

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

FieldValueIRS element (for citing)
PersonDONOR SERVICES GROUPPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11200 Wilshire BoulevardAddressLine1Txt
Address Line2Suite 650AddressLine2Txt
CityLos AngelesCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90017ZIPCd
FieldValueIRS element (for citing)
ActivityTELE- MARKETINGActivityTxt
Fundraiser Control Of FundsfalseFundraiserControlOfFundsInd
Gross Receipts$380,262GrossReceiptsAmt
Retained By Contractor$190,159RetainedByContractorAmt
Net To Organization$190,103NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$380,262TotalGrossReceiptsAmt
Total Retained By Contractors$190,159TotalRetainedByContractorsAmt
Total Net To Organization$190,103TotalNetToOrganizationAmt
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesNVLicensedStatesCd
Licensed StatesNHLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Costume InstituEvent1Nm
Gross Receipts Event1$12,232,687GrossReceiptsEvent1Amt
Charitable Contri Event1$11,816,187CharitableContriEvent1Amt
Gross Revenue Event1$416,500GrossRevenueEvent1Amt
Other Direct Expenses Event1$3,859,159OtherDirectExpensesEvent1Amt
Event2Acquisitions BeEvent2Nm
Gross Receipts Event2$2,231,496GrossReceiptsEvent2Amt
Charitable Contri Event2$2,167,836CharitableContriEvent2Amt
Gross Revenue Event2$63,660GrossRevenueEvent2Amt
Other Direct Expenses Event2$331,850OtherDirectExpensesEvent2Amt
Other Events Total12OtherEventsTotalCnt
Gross Receipts Other Events$5,657,850GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$5,159,166CharitableContriOtherEventsAmt
Gross Revenue Other Events$498,684GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$1,671,807OthDirectExpnssOtherEventsAmt
Gross Receipts Total$20,122,033GrossReceiptsTotalAmt
Charitable Contributions Tot$19,143,189CharitableContributionsTotAmt
Gross Revenue Total Events$978,844GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$5,862,816OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$5,862,816DirectExpenseSummaryEventsAmt
Net Income Summary-$4,883,972NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE G, PART I, Line 2BThe Membership department contracted telemarketing firm Donor Services Group (DSG), to facilitate campaigns directed at current and lapsed Members of The Met throughout fiscal 2017. DSG callers referred to a script, preapproved by the Membership Department, when soliciting Members by phone, with a revised script implemented in June of FY17 in conjunction with the Membership recast. In fiscal 2017; 20,143 current Members were contacted by DSG requesting a contribution to the Membership Annual Appeal; 47,225 current Members were contacted by DSG prior to expiration with Membership renewal requests; 52,522 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 8NOTE THAT THE $ 4,883,972 LOSS ON FORM 990, PART VIII, LINE 8(C) EXCLUDES THE $19,143,189 OF CONTRIBUTIONS WHICH IF INCLUDED, WOULD RESULT IN A NET SURPLUS OF $14.3 MILLION.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (22 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
The Bothmer Fellowship1$39,583N/AN/A
Sylvan C. and Pam Coleman Memorial Fellowship7$180,083N/AN/A
Chester Dale Fellowship8$165,813N/AN/A
Annette de la Renta Fellowship3$44,833N/AN/A
The Douglass Foundation Fellowship1$42,791N/AN/A
Sherman Fairchild Foundation Fellowship3$49,833N/AN/A
Andrew W. Mellon Art History Fellowship12$284,042N/AN/A
Andrew W. Mellon Conservation Fellowship13$334,359N/AN/A
Andrew W. Mellon Postdoctoral Curatorial Fellowshi2$116,243N/AN/A
Andrew W. Mellon Collection Specialist Fellowship5$254,978N/AN/A
Research Scholarship in Photograph Conservation Fe2$97,096N/AN/A
J.Clawson Mills Fellowship3$101,250N/AN/A
Hagop Kevorkian Fellowship2$72,125N/AN/A
Slifka Foundation Fellowship2$43,333N/AN/A
Hanns Swarzenski and Brigitte Horney Fellowship2$70,250N/AN/A
Jane and Morgan Whitney Fellowship21$496,709N/AN/A
Polaire Weissman Fellowship1$43,333N/AN/A
Leonard A. Lauder Fellowships in Modern Art6$226,438N/AN/A
Markoe2$64,583N/AN/A
Andrew W. Mellon Indian Conservation Fellowship Pr2$46,667N/AN/A
Mellon Supplemental Fellowship Funds87$532,701N/AN/A
ARIAH Fellowship1$18,000N/AN/A

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMONITORING PROCEDURES- FORM 990, SCHEDULE I, PART I, LINE 2FormAndLineReferenceDesc
ExplanationThe 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 J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (23 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
THOMAS P CAMPBELL
DIR TO 7/17,EX-OFFICIO TRUSTEE$944,474$0$0$0$122,622$0$37,501$0$322,169$0$1,426,766$0$0$0
DANIEL H WEISS
PRES&CEO FROM 6/17; EX-OF TRUS$670,600$0$0$0$171,402$0$37,500$0$22,169$0$901,671$0$0$0
CLYDE B JONES III
SVP INST. ADVANCEMENT$468,828$0$0$0$3,612$0$37,500$0$9,173$0$519,113$0$0$0
CARRIE R BARRATT
DEPUTY DIR COLLECTIONS/ADMIN.$355,000$0$0$0$3,499$0$37,501$0$21,508$0$417,508$0$0$0
QUINCY K HOUGHTON
ASSOC DIR OF EXHIB FROM 8/16$105,917$0$35,000$0$242$0$15,246$0$10,631$0$167,036$0$0$0
SHARON H COTT
SVP, SEC & GEN COUNSEL$432,143$0$0$0$4,009$0$37,500$0$21,461$0$495,113$0$0$0
JAMESON KELLEHER
VP, CFO & TREASURER FROM 9/16$275,246$0$0$0$18,564$0$37,158$0$21,128$0$352,096$0$0$0
TOM JAVITS
VP CONSTRUCTION & FACILITIES$349,955$0$0$0$10,180$0$37,500$0$21,128$0$418,763$0$0$0
DEBRA A MCDOWELL
VP HUMAN RESOURCES TO 10/17$311,837$0$0$0$4,636$0$37,500$0$8,895$0$362,868$0$0$0
ELYSE TOPALIAN
VP FOR COMMUNICATIONS TO 6/17$250,686$0$0$0$3,719$0$36,618$0$20,714$0$311,737$0$0$0
SUZANNE E BRENNER
SVP & CHIEF INVESTMENT OFFICER$606,036$0$470,313$0$4,901$0$207,734$0$22,169$0$1,311,153$0$300,500$0
LAUREN A MESERVE
CHIEF INVESTMENT OFFICER$580,695$0$424,589$0$1,710$0$197,826$0$9,689$0$1,214,509$0$283,364$0
JEFFREY SPAR
VP TECH & CHIEF TECH OFFICER$350,970$0$0$0$1,857$0$37,501$0$21,496$0$411,824$0$0$0
BARBARA D BOEHM
Sr Curator for the Cloisters$173,071$0$0$0$710,504$0$23,308$0$21,658$0$928,541$0$0$0
KEN M WEINSTEIN
GM Merch Fin,Ops,Sys to 8/16$177,642$0$0$0$285,924$0$33,403$0$13,803$0$510,772$0$0$0
SREE SREENIVASAN
CHIEF DIGITAL OFFICER TO 6/16$155,022$0$0$0$201,073$0$27,168$0$11,365$0$394,628$0$0$0
STEPHEN A MANZI
CHIEF DEVELOP OFFICER INDIV$287,985$0$0$0$2,798$0$37,500$0$21,178$0$349,461$0$0$0
KEITH R CHRISTIANSEN
CHAIRMAN, EUROPEAN PAINTINGS$282,018$0$0$0$6,605$0$37,500$0$20,914$0$347,037$0$0$0
OLENA M PASLAWSKY
FMR. SVP, CFO & TREAS TO 6/16$259,037$0$0$0$529,116$0$37,501$0$5,093$0$830,747$0$0$0
JENNIFER RUSSELL
FMR.ASSOC DIR OF EXHIB TO 6/16$191,863$0$0$0$30,515$0$28,945$0$743$0$252,066$0$0$0
NINA MCN DIEFENBACH
FMR. VP DEVEL & MEMBER TO 6/16$76,680$0$0$0$147,115$0$31,728$0$10,761$0$266,284$0$0$0
JO PROSSER
FMR. VP MERCH & RETAIL to 4/16$127,384$0$0$0$236,217$0$14,465$0$6,513$0$384,579$0$0$0
CYNTHIA ROUND
FMR.SVP,MKTNG&EXT RELS TO 6/16$208,085$0$0$0$259,100$0$37,500$0$11,549$0$516,234$0$0$0

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE J, PART I, LINE 1AFIRST-CLASS TRAVEL FOR CALENDAR YEAR 2016, THE MUSEUMS DIRECTOR AND CHIEF EXECUTIVE OFFICER, THOMAS CAMPBELL, AND THE MUSEUMS PRESIDENT AND CHIEF OPERATING OFFICER, DANIEL WEISS, FLEW FIRST CLASS DOMESTICALLY ON AN EXCEPTIONAL BASIS WHERE THE AIRLINES DID NOT OFFER BUSINESS CLASS. THIS TRAVEL WAS NOT TREATED AS TAXABLE COMPENSATION. PERSONAL HOUSING FOR CALENDAR YEAR 2016, THE MUSEUM PROVIDED A HOUSING ALLOWANCE TO THE PRESIDENT AND CHIEF OPERATING OFFICER, DANIEL WEISS. THIS ALLOWANCE WAS TREATED AS TAXABLE COMPENSATION. FOR CALENDAR YEAR 2016, 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 4ATHE FOLLOWING PERSONS RECEIVED A SEVERANCE PAYMENT IN CALENDAR YEAR 2016: OLENA PASLAWSKY - $492,816 JO PROSSER - $211,150 CYNTHIA ROUND - $203,919 KEN WEINSTEIN - $223,441 SREE SREENIVASAN - $155,000
SCHEDULE J, PART I, LINE 4BTHE FOLLOWING PERSONS PARTICIPATED IN OR RECEIVED PAYMENTS FROM A SUPPLEMENTAL NON -QUALIFIED RETIREMENT PLAN IN CALENDAR YEAR 2016: THOMAS CAMPBELL - $90,000 DANIEL WEISS - $66,500 BARBARA BOEHM - $708,048
SCHEDULE J, PART I, LINE 7PURSUANT TO THE MUSEUM'S INCENTIVE COMPENSATION PLAN FOR INVESTMENT, STAFF SENIOR VICE PRESIDENT AND CHIEF INVESTMENT OFFICER, SUZANNE BRENNER, RECEIVED A BONUS PAYMENT OF $470,313, AND CHIEF INVESTMENT OFFICER, LAUREN MESERVE, RECEIVED A BONUS PAYMENT OF $424,589. 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: BONUS PAYMENTS FOR SUZANNE BRENNER OF $170,234 AND FOR LAUREN MESERVE OF $160,526. 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 VIITHOMAS CAMPBELL AND DANIEL WEISS WERE EX-OFFICIO TRUSTEES DURING CALENDAR YEAR 2016. THOMAS CAMPBELL WAS DIRECTOR AND CEO OF THE MUSEUM UNTIL FEBRUARY 2017, AND DIRECTOR OF THE MUSEUM UNTIL JULY 2017.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY
A911882413649717NP62006-12-01$65,000,000PARTIAL FUNDING OF CAPITAL PROJECTfalsefalsefalse
TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY
B911882413649717NQ42006-12-01$65,000,000PARTIAL FUNDING OF CAPITAL PROJECTfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtCurrent RefundingCurrentRefundingIndAdvance RefundingAdvanceRefundingIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$0$0$65,000,000$0$0$0$795,690$0$0$64,204,310$0$0falsefalseYes (true)Yes (true)
B$0$0$65,000,000$0$0$0$795,690$0$0$64,204,310$0$0falsefalseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalseYes (true)Yes (true)false0falsefalsefalseYes (true)
BfalsefalseYes (true)Yes (true)false0falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndException To RebateExceptionToRebateIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalseYes (true)Yes (true)falsefalse0falseYes (true)
0
BfalseYes (true)Yes (true)falsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

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

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule K, Part III, Lines 4-6, Private Business and Unrelated UseFormAndLineReferenceDesc
ExplanationTHE 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, 2017 TO BE NEARLY 0% IN TAX EXEMPT BOND FINANCED SPACE. THIS ANALYSIS EXCLUDES COST OF ISSUANCE.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
WHALE ROCK FLAGSHIP FUND LTD
SEE PART V$3,195,695MANAGEMENT & PERFORMANCE FEEfalse
BROADREACH CAPITAL PARTNERS
SEE PART V$52,425MANAGEMENT FEEfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule L, Part IVFormAndLineReferenceDesc
ExplanationBusiness transactions involving interested persons: Whale Rock Flagship Fund Ltd. (the "Fund") is an entity controlled by the son of Trustee Bonnie J Sacerdote. The Museum is invested with the Fund and pays fees to the Fund. Trustee Philip Maritz is a Managing Director of Broadreach Capital Partners. The Museum is invested in two funds sponsored by Broadreach and pays fees to the funds.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution219ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp

Art Fractional Interest ArtFractionalInterestGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution9ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
FieldValueIRS element (for citing)
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution183ContributionCnt
Noncash Contributions Rpt F990$18,334,993NoncashContributionsRptF990Amt
Method Of Determining RevenuesMkt Value- Gift DateMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp
Form8283 Received92Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 32BThe 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 33In 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 (12 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III - PROGRAM SERVICESMISSION 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." THE MUSEUMS COLLECTION AND ITS STAFF SET THE WORLD STANDARD FOR EXHIBITIONS, SCHOLARSHIP, CONSERVATION, AND PUBLIC PROGRAMMING. RECORD-HIGH ATTENDANCE IN FISCAL YEAR 2017 - SEVEN MILLION VISITORS ACROSS OUR THREE LOCATIONS - WAS A TESTAMENT TO THIS AS WELL AS TO THE STRENGTH, RELEVANCE, AND ENDURANCE OF THE METS MISSION. THE YEAR SAW A RANGE OF ACHIEVEMENTS AND ACTIVITIES, INCLUDING A SUCCESSFUL FIRST full YEAR OF PROGRAMMING AT THE MET BREUER, WHERE WE EXPANDED OUR EXPLORATION OF MODERN AND CONTEMPORARY ART WITH GROUNDBREAKING EXHIBITIONS OF BOTH CONTEMPORARY AMERICAN ARTISTS AND ARTISTS REPRESENTING OTHER PARTS OF THE GLOBE. ATTENDANCE MUSEUM ATTENDANCE IN FISCAL YEAR 2017 WAS THE HIGHEST IN THE METS RECORDED HISTORY, WITH SEVEN MILLION VISITORS ACROSS OUR THREE LOCATIONS: THE MET FIFTH AVENUE, THE MET CLOISTERS, AND THE MET BREUER. THE INCREASE OVER LAST YEAR, WHICH SAW 6.7 MILLION VISITORS, WAS PRIMARILY DUE TO THE INFLUX OF VISITORS TO THE MET BREUER, WHICH HAD A TOTAL OF 505,590 VISITORS THIS YEAR. THE MUSEUM ALSO CONTINUED TO BE NEW YORK CITYS MOST VISITED TOURIST ATTRACTION FOR DOMESTIC AND INTERNATIONAL AUDIENCES. IN FISCAL YEAR 2017, INTERNATIONAL VISITORS ACCOUNTED FOR THIRTY-SEVEN PERCENT OF THE MUSEUMS ATTENDEES. THIRTY PERCENT OF VISITORS CAME FROM THE FIVE BOROUGHS, AND AN ADDITIONAL TWELVE PERCENT CAME FROM THE TRISTATE AREA, AFFIRMING THAT THE MET CONTINUES TO BE A POPULAR DESTINATION FOR LOCAL VISITORS. INTERNATIONAL ACTIVITY IN FEBRUARY WE STRENGTHENED OUR COMMITMENT TO BRINGING OUR ENCYCLOPEDIC RESOURCES TO MILLIONS OF PEOPLE ALL OVER THE WORLD THROUGH THE ADOPTION OF AN OPEN ACCESS POLICY. UNDER THE NEW POLICY, ALL IMAGES OF PUBLIC DOMAIN ARTWORKS IN THE MUSEUMS COLLECTION ARE NOW AVAILABLE on the museum's website FOR FREE AND UNRESTRICTED USE. ALSO CENTRAL TO THE METS MISSION IS WORKING BEYOND THE WALLS OF OUR THREE LOCATIONS. IN APRIL THE MUSEUM WAS SELECTED BY THE WILLIAM R. KENAN, JR. CHARITABLE TRUST TO BE AN ANCHOR ORGANIZATION, ALONGSIDE THE TISCH SCHOOL OF THE ARTS AT NEW YORK UNIVERSITY, IN AN INITIATIVE THAT EXPLORES HOW ARTS-BASED ORGANIZATIONS CAN SERVE AS POSITIVE, RELEVANT, AND INSPIRING FORCES IN THE DAILY LIVES OF DIVERSE COMMUNITIES. IN SEPTEMBER 2016 WE WERE PRIVILEGED TO COSPONSOR A SYMPOSIUM ON PROTECTING CULTURAL HERITAGE WITH THE U.S. DEPARTMENT OF STATE. THE EVENT, "TODAYS STRUGGLE TO PROTECT AND PRESERVE THE CULTURAL HERITAGE OF RELIGIOUS MINORITIES," WAS A CALL TO STRENGTHEN THE WORLDS COMMITMENT TO CULTURAL PRESERVATION AND INCLUDED A PANEL DISCUSSION WITH LEADING EXPERTS. IN NOVEMBER, IN PARTNERSHIP WITH COLUMBIA UNIVERSITY, THE MUSEUM HELD ITS SECOND CULTURAL HERITAGE WORKSHOP IN AMMAN, JORDAN, FOR IRAQI AND SYRIAN MUSEUM PROFESSIONALS. TO COMPLEMENT THIS INITIATIVE, STAFF IN THE DEPARTMENT OF ANCIENT NEAR EASTERN ART AND THE IMAGING DEPARTMENT CONDUCTED A TRAINING PROGRAM IN PHOTOGRAPHIC DOCUMENTATION FOR STAFF OF REGIONAL MUSEUMS, AND PARTICIPANTS RECEIVED A KIT TO CARRY OUT THIS IMPORTANT PROCESS AT THEIR OWN INSTITUTIONS. ALSO LAST FALL, WE REAFFIRMED OUR LONG-TERM COOPERATIVE RELATIONSHIP WITH THE MINISTRY OF CULTURE OF THE GOVERNMENT OF INDIA THROUGH A NEW MEMORANDUM OF UNDERSTANDING. THE AGREEMENT IS A FIVE-YEAR RENEWAL OF THE ESTABLISHED TWO-WAY PARTNERSHIPS BETWEEN THE MUSEUM AND CULTURAL INSTITUTIONS IN INDIA FOR SHARING KNOWLEDGE AND EXPERTISE IN CONSERVATION, EXHIBITIONS, ACADEMIC RESEARCH, PUBLIC EDUCATION, PUBLICATIONS, AND MORE. IN FEBRUARY THE MET HOSTED THE FIRST GERMAN/AMERICAN PROVENANCE RESEARCH EXCHANGE PROGRAM (PREP), WHICH BRINGS TOGETHER MUSEUM AND RESEARCH PROFESSIONALS FROM BOTH COUNTRIES WHO SPECIALIZE IN HOLOCAUST-ERA PROVENANCE PROJECTS. THE PROGRAM AT THE MET WAS THE FIRST OF SIX EXCHANGES OVER THREE YEARS IN WHICH PARTICIPANTS WILL COMPARE METHODOLOGIES, ASCERTAIN RESOURCES, AND CONNECT WITH OTHER EXPERTS. 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 MUSEUMS GALLERIES AND THROUGH ITS EXHIBITIONS AND EVENTS, REVEALING BOTH NEW IDEAS AND UNEXPECTED CONNECTIONS ACROSS TIME AND ACROSS CULTURES. THE MUSEUMS COLLECTION CONTINUED TO EVOLVE INTELLECTUALLY AND CULTURALLY WITH A NUMBER OF MAJOR ACQUISITIONS IN FISCAL YEAR 2017, KEEPING US A VIBRANT AND RELEVANT INSTITUTION. EACH WORK OF ART ADDS NEW STORIES, OFFERS NEW PERSPECTIVES, AND POSES NEW QUESTIONS for US. KEY ACQUISITIONS INCLUDED A HELMET, CUIRASS, AND GREAVE (SHIN GUARD) ENSEMBLE THAT EXEMPLIFIES THE QUALITIES OF FORM AND DECORATION OF THE GREATEST ARMORS MADE IN ETRURIA DURING THE CLASSICAL PERIOD (CA. 490300 B.C.); AN EXTRAORDINARY SIXTEENTH-CENTURY NETHERLANDISH CARVING IN THE FORM OF THE LETTER P THAT OPENS TO REVEAL THE ACTION-PACKED LEGEND OF SAINT PHILIP; A MONUMENTAL CREST MASK MADE OF WOOD BY A BAMILEKE MASTER IN THE EIGHTEENTH CENTURY; A QUARTET OF GUITARS BY ONE OF THE PREMIER GUITAR MAKERS OF THE LATE TWENTIETH AND EARLY TWENTY-FIRST CENTURIES, JOHN MONTELEONE; A HANGING SCROLL FROM THE TENTH CENTURY ATTRIBUTED TO LANDSCAPE PAINTER DONG YUAN AND A SMALL ALBUM BY THE FIGURE PAINTER GAI QI (17731829), BOTH FOR THE DEPARTMENT OF ASIAN ART; 174 SINGLE-CHANNEL VIDEOS BY ONE OF VIDEO ARTS GREAT PRACTITIONERS, AMERICAN ARTIST WILLIAM WEGMAN (BORN 1943), REPRESENTING THE ENTIRETY OF WEGMANS WORK IN VIDEO TO DATE (WITH THE EXCEPTION OF COMMISSIONED WORKS); AND, FOR THE AMERICAN WING, A GROUNDBREAKING COLLECTION OF NINETY-ONE MASTERPIECES OF NATIVE AMERICAN ART, RANGING FROM THE SECOND TO THE TWENTIETH CENTURY, INCLUDING PAINTINGS, DRAWINGS, SCULPTURE, CERAMICS, AND DRESS, THAT ENCOMPASSES NORTH AMERICAS EARLIEST AND MOST ENDURING ARTISTIC HERITAGE AND HAS THE POTENTIAL TO MAKE THE MET A CONVENING SPACE FOR THIS CULTURAL AREA.
FORM 990, PART III - CONTINUEDCURATORIAL, CONSERVATION, AND RESEARCH THE MUSEUMS 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 METS CONSERVATION EFFORT RANKS WITH THE BEST OF THE WORLDS 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 2017, 9,027 VISITS WERE MADE BY OUTSIDE RESEARCHERS, AND 2,079 NEW OUTSIDE RESEARCHERS WERE REGISTERED. THE MUSEUM LIBRARIES CIRCULATED 47,929 ITEMS TO READERS. ELEVEN WEEKLY SESSIONS OF STORY TIME IN NOLEN LIBRARY REACHED OVER 17,525 CHILDREN AND THEIR CAREGIVERS. THE LIBRARY CONTINUED TO DIGITIZE RARE COLLECTION MATERIALS, BOTH PRINTED AND MANUSCRIPT, AND TO MAKE THEM AVAILABLE ONLINE, CONTINUING TO AVERAGE MORE THAN 97,400 PAGE HITS PER MONTH. THE MET IS ONE OF THE WORLDS PREEMINENT ART-BOOK PUBLISHERS, AND IN FISCAL YEAR 2017 OUR PUBLICATIONS AND EDITORIAL DEPARTMENT PRODUCED TWENTY-FOUR NEW TITLES. AMONG THESE WERE EXHIBITION CATALOGUES FOR MANY OF THE YEARS EXHIBITIONS, INCLUDING THOSE ON ANCIENT CHINA, MEDIEVAL JERUSALEM, THE MODERNIST PAINTINGS OF MAX BECKMANN AND MARSDEN HARTLEY, AND THE PHOTOGRAPHS OF IRVING PENN. THE DEPARTMENT ALSO PUBLISHED PRINT CATALOGUES ON THE MUSEUMS COLLECTIONS OF ROMAN PORTRAITS, ITALIAN MAIOLICA, AND MASTERPIECE PAINTINGS, AND A DIGITAL CATALOGUE OF CYPRIOT TERRACOTTAS. THE YEAR SAW AN OVERALL INCREASE IN SALES INCOME OF TWENTY-TWO PERCENT OVER THE PREVIOUS YEAR. NINE OF OUR TITLES WON AWARDS, AND THIRTEEN WERE TRANSLATED INTO FOREIGN LANGUAGES. THE GROUNDBREAKING METPUBLICATIONS, A PORTAL TO OUR COMPREHENSIVE PUBLISHING PROGRAM WITH MORE THAN 1,500 ONLINE AND PRINT PUBLICATIONS FROM THE LAST FIVE DECADES, ATTRACTED NEARLY A MILLION VISITORS FROM AROUND THE WORLD. EXHIBITIONS THE MUSEUMS WORLD-CLASS SCHOLARSHIP WAS REFLECTED THIS YEAR IN SIXTY EXHIBITIONS FROM SMALL, FOCUSED INSTALLATIONS TO LARGE INTERNATIONAL SHOWS. THE FOLLOWING EXHIBITIONS WERE AMONG THE HIGHLIGHTS IN FISCAL YEAR 2017: "JERUSALEM 10001400: EVERY PEOPLE UNDER HEAVEN "VALENTIN DE BOULOGNE: BEYOND CARAVAGGIO "FRAGONARD: DRAWING TRIUMPHANT WORKS IN NEW YORK COLLECTIONS "MAX BECKMANN IN NEW YORK "NATIVE AMERICAN MASTERPIECES FROM THE CHARLES AND VALERIE DIKER COLLECTION "THE MYSTERIOUS LANDSCAPES OF HERCULES SEGERS "SEURATS CIRCUS SIDESHOW "SARA BERMANS CLOSET "AGE OF EMPIRES: CHINESE ART OF THE QIN AND HAN DYNASTIES (221 B.C.A.D. 220) "IRVING PENN: CENTENNIAL "THE ROOF GARDEN COMMISSION: ADRIN VILLAR ROJAS, THE THEATER OF DISAPPEARANCE "REI KAWAKUBO/COMME DES GARCONS: ART OF THE IN-BETWEEN "AMERICAN INDIAN ART FROM THE FENIMORE ART MUSEUM: THE THAW COLLECTION "JAPANESE BAMBOO ART: THE ABBEY COLLECTION "KERRY JAMES MARSHALL: MASTRY"KERRY JAMES MARSHALL SELECTS" (THE MET BREUER); "DIANE ARBUS: IN THE BEGINNING" (BREUER); "MARISA MERZ: THE SKY IS A GREAT SPACE" (BREUER); "LYGIA PAPE: A MULTITUDE OF FORMS" (BREUER); "MARSDEN HARTLEYS MAINE" (BREUER); AND "SMALL WONDERS: GOTHIC BOXWOOD MINIATURES" (THE MET CLOISTERS). EDUCATION THE EDUCATION DEPARTMENT FURTHER MAXIMIZED CREATIVE PROGRAMMING, SHOWCASED SCHOLARLY EFFORTS, AND INCREASED AUDIENCE ENGAGEMENT LAST FISCAL YEAR - ACHIEVEMENTS THAT WERE MADE POSSIBLE BY NEWLY DEFINED DEPARTMENT PRIORITIES, AN ALIGNED WORKFLOW, AND AN ARTICULATED EDUCATIONAL PHILOSOPHY CONNECTED TO OVERALL INSTITUTIONAL VALUES. THE DEPARTMENTS FIVE PRIORITIES REFINE STAFF ORGANIZATION AND CONTINUE TO 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 MUSEUMS PRESENCE AND IMPACT OUTSIDE ITS PHYSICAL LOCATIONS INTO COMMUNITIES; AND ESTABLISH OUR GALLERIES AND OTHER SPACES AS ACTIVE LABORATORIES FOR SCHOLARS, ARTISTS, AND THE GENERAL PUBLICHAVE FOSTERED GREATER COLLABORATION AMONG COLLEAGUES THROUGHOUT THE MUSEUM AND WITH PARTNERS ACROSS THE CITY, COUNTRY, AND WORLD. IN FISCAL YEAR 2017, MORE THAN TEN PERCENT OF THE MUSEUMS VISITORS WERE DIRECTLY SERVED BY EDUCATION PROGRAMS, AND MORE THAN THIRTY THOUSAND EVENTS DREW MORE THAN 740,000 PARTICIPANTS. CONTINUING OUR SUCCESSFUL ENGAGEMENT WITH PRACTICING ARTISTS, WE SELECTED SOUND ARTIST NATE DIMEO, CREATOR OF THE POWERFUL PODCAST THE MEMORY PALACE, AS THE YEARS ARTIST IN RESIDENCE. DURING HIS RESIDENCY, DIMEO PRODUCED A SINGULAR EXPLORATION OF THE AMERICAN WING IN TEN REVELATORY PODCAST EPISODES AND A SERIES OF LIVE EVENTS. ANOTHER PUBLIC PROGRAMMING HIGHLIGHT WAS THE SYMPOSIUM "KERRY JAMES MARSHALL A CREATIVE CONVENING," A DAYLONG EXPLORATION OF RADICAL CREATIVITY INSPIRED BY THE IDEAS, PRACTICE, AND WORK OF CHICAGO-BASED VISUAL ARTIST KERRY JAMES MARSHALL. DEVELOPED IN PARTNERSHIP WITH MARSHALL, THE SYMPOSIUM BROUGHT TOGETHER THOUGHT LEADERS AND CREATIVE PRACTITIONERS AROUND THE ROLE OF INNOVATION, SOCIAL JUSTICE, AND IMAGINATION IN ART. THE EVENT WAS WIDELY CELEBRATED, AND AS A RESULT THE PROCEEDINGS WILL BE MADE INTO A PUBLICATION. VISITORS OF ALL AGES, BACKGROUNDS, INTERESTS, AND ABILITIES ENJOYED AN ENORMOUS RANGE OF PROGRAMS THROUGHOUT THE YEAR. METFRIDAYS: NEW YORKS NIGHT OUT, EVENINGS OF DYNAMIC PROGRAMMING CONCEIVED AROUND A THEME, ENGAGED LOCAL RESIDENTS AND SERVED AS A CATALYST FOR PARTNERSHIPS WITH NEW YORK CITYS CREATIVE COMMUNITIES, ATTRACTING MORE THAN THREE THOUSAND PARTICIPANTS. EACH EVENING, SUCH AS ONE CELEBRATING GAY PRIDE, FOSTERED CULTURAL LEARNING AND SENSITIVE DIALOGUE AND OFTEN DREW A HIGH PERCENTAGE OF YOUNG ADULTS AGED EIGHTEEN TO THIRTY-FOUR. LARGE-SCALE FESTIVALS MARKED LUNAR NEW YEAR, NEW YORKS ANNUAL MUSEUM MILE FESTIVAL, AND, FOR THE FIRST TIME, WORLD CULTURE. WITH FREE-WITH-ADMISSION LIVE-ARTS PERFORMANCES IN THE GALLERIES, THESE EVENTS ATTRACTED MORE THAN TEN THOUSAND PEOPLE. OUR ONGOING EFFORTS TO ENGAGE NEW AND DIVERSE YOUTH AUDIENCES AGAIN INCLUDED TWO LARGE-SCALE TEENS TAKE THE MET! EVENTS, WHICH INVOLVED MORE THAN 120 ORGANIZATIONAL PARTNERS PRESENTING A VARIETY OF ACTIVITIES: ART MAKING, MUSIC, GALLERY EXPERIENCES, INTERPRETIVE PROGRAMMING, 3-D PRINTING, DANCE CLASSES, AND MORE. MANY OF THE APPROXIMATELY 5,500 PARTICIPATING TEENS WERE VISITING THE MET FOR THE FIRST TIME (FIFTY-TWO PERCENT AT THE FALL EVENT, AND THIRTY-ONE PERCENT IN THE SPRING). THE MET CONTINUES TO SERVE AS A RICH RESOURCE FOR K12 TEACHERS AND THEIR STUDENTS. LAST FISCAL YEAR, 232,630 PEOPLE PARTICIPATED IN 6,677 GUIDED AND SELF-GUIDED SCHOOL GROUP VISITS TO THE METS THREE LOCATIONS, AND 2,187 TEACHERS AND SCHOOL LEADERS TOOK PART IN PROGRAMS ON INTEGRATING ART INTO CLASSROOM TEACHING. NOW IN ITS THIRD YEAR, OUR ASTOR EDUCATOR PROGRAM HAS SERVED FORTY-FIVE TEACHERS FROM ACROSS THE CITY. WORKING WITH TEACHERS TO IMPROVE STUDENT LEARNING IN AND THROUGH THE ARTS, THE PROGRAM FOCUSES LESS ON THE NUMBER OF STUDENTS SERVED AND MORE ON TRAINING FOR TEACHERS. WE ALSO CONTINUED TO OFFER ONE OF THE MOST CELEBRATED ACADEMIC AND PROFESSIONAL PROGRAMS IN THE FIELD, GRANTING SIXTY-TWO FELLOWSHIPS TO LEADING SCHOLARS FROM AROUND THE WORLD.
FORM 990, PART III - CONTINUEDDIGITAL THE MET HAS EMERGED AS A GLOBAL LEADER IN BOTH ITS DIGITAL PRACTICES AND REACH. THE MUSEUMS WEBSITE ENDED FISCAL YEAR 2017 WITH A TOTAL OF 31 MILLION VISITS, THIRTY-FIVE PERCENT OF WHICH WERE INTERNATIONAL. THE METS ONLINE COLLECTION AND THE HEILBRUNN TIMELINE OF ART HISTORY CONTINUE TO DRAW THE MOST VISITS, WITH 8.3 MILLION AND 10.4 MILLION, RESPECTIVELY. AS OF JUNE 30 OUR NEW OPEN ACCESS POLICY WHICH MADE OVER 375,000 ONLINE COLLECTION IMAGES AVAILABLE FOR FREE AND UNRESTRICTED USE HAD RESULTED IN 94,000 DOWNLOADS SINCE THE POLICY WAS ANNOUNCED IN FEBRUARY, AN INCREASE OF 128 PERCENT OVER THE PREVIOUS FIVE-MONTH PERIOD. THE MUSEUMS SOCIAL MEDIA FOLLOWING HAS GROWN: THE NUMBER OF FOLLOWERS ON OUR TWITTER FEED MORE THAN DOUBLED TO 3.3 MILLION (FORTY-SEVEN PERCENT INTERNATIONAL); OUR WEBBY AWARDWINNING INSTAGRAM ACCOUNT GREW TO MORE THAN TWO MILLION FOLLOWERS (SIXTY-EIGHT PERCENT INTERNATIONAL); AND OUR FACEBOOK ACCOUNT HAD MORE THAN 1.7 MILLION (SIXTY-SEVEN PERCENT INTERNATIONAL) IN FISCAL YEAR 2017. THE MET 360" PROJECT WHICH PRESENTS VIDEOS THAT ALLOW THE EXPLORATION OF ICONIC OBJECTS AND SPACES IN THE MUSEUM FROM NEVER-BEFORE-SEEN PERSPECTIVES HAS PROVEN TO BE EXTREMELY POPULAR. THE PROJECT HAS WON BOTH A WEBBY AND A SHORTY AWARD, AND AS OF JUNE HAD GARNERED 11.5 MILLION VIEWS AND 451,000 INTERACTIONS, INCLUDING 22,000 COMMENTS. CAPITAL PROJECTS THE FIRST PHASE OF A MAJOR RENOVATION AND REINTERPRETATION OF THE MUSICAL INSTRUMENTS GALLERIES, WHICH BEGAN IN SPRING 2016, WAS COMPLETED IN JULY OF THIS YEAR WITH THE REOPENING OF THE GALLERY DEVOTED TO BRASS INSTRUMENTS. WORK ON THE OTHER GALLERIES CONTINUES. AN AMBITIOUS PROJECT TO RENOVATE TEN GALLERIES, INCLUDING THREE HISTORIC INTERIORS, DEVOTED TO BRITISH DECORATIVE ARTS AND SCULPTURE OF THE EARLY SIXTEENTH THROUGH THE NINETEENTH CENTURY BEGAN LAST FALL. ESTABLISHED IN THE 1980S, THE GALLERIES INCLUDE SOME 11,000 SQUARE FEET OF DISPLAY SPACE, AND WHEN THEY REOPEN IN WINTER 201819 THEY WILL PROVIDE OUR VISITORS WITH A NARRATIVE-RICH EXPERIENCE OF BRITISH DESIGN. AT THE CLOSE OF THE FISCAL YEAR, THE MUSEUM WAS PREPARING TO BEGIN WORK ON ITS LARGEST INFRASTRUCTURE PROJECT TO DATE REPLACING THE SKYLIGHTS OVER THE EUROPEAN PAINTINGS GALLERIES, WHICH WERE INSTALLED IN THE 1930S. THE PROJECT WILL BE COMPLETED IN PHASES OVER APPROXIMATELY FOUR YEARS, WITH THE FIRST PHASE OF CONSTRUCTION SCHEDULED TO START IN JUNE 2018. 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 CREATING PROGRAMS THAT ALLOW THE MAGNIFICENCE OF THE MET TO SHINE.
FORM 990, PART VI, LINE 1A - VOTING RIGHTSIN 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 RELATIONSHIPTWO TRUSTEES OF THE MUSEUM, HAMILTON E. JAMES AND J. TOMILSON HILL, HAVE A BUSINESS RELATIONSHIP. BOTH ARE OFFICERS OF THE BLACKSTONE GROUP.
FORM 990, PART VI, LINE 4 - CHANGE TO ORGANIZING DOCUMENTSTHE MUSEUM MADE SOME CHANGES TO ITS BY-LAWS, WHICH WERE APPROVED AT THE JUNE 13, 2017 MEETING OF THE BOARD OF TRUSTEES. THE REVISIONS WERE MADE TO UPDATE THE RESPECTIVE DUTIES OF THE DIRECTOR AND The PRESIDENT.
FORM 990, PART VI, LINE 6 - MEMBERS OF THE ORGANIZATIONTHE 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 PROCESSTHE 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, THE AUDIT COMMITTEE OF THE MUSEUM'S BOARD OF TRUSTEES, AND EXTERNAL LEGAL COUNSEL. 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 INTERESTTHE 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 (FOR STAFF) AND THE CHAIRMAN OF THE BOARD OF TRUSTEES AND THE LEGAL COMMITTEE OF THE MUSEUM'S BOARD (FOR TRUSTEES, INCLUDING THE DIRECTOR AND THE PRESIDENT). 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 EACH YEAR.
FORM 990, PART VI, LINES 15A AND 15B-COMPENSATION REVIEW PROCESSTHE 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 DOCUMENTSTHE 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 ASSETSCHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 1,758,078 UNREALIZED GAINS AND LOSSES ON 2015 BOND PROCEEDS 13,399,180 NET RECLASSIFICATIONS, FEES, AND OTHER 296,889 PENSION - RELATED CHANGES OTHER THAN NPPC 28,627,226 CHANGE IN FAIR VALUE OF INTEREST RATE EXCHANGE AGREEMENTS 14,075,168 PARTNERSHIP UBIT 17,654,525 ---------- TOTAL 75,811,066

Schedule R IRS990ScheduleR

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Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
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Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
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Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
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Transfer To Other OrgfalseTransferToOtherOrgInd
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