PUBLIC ART FUND INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- PUBLIC ART FUND INC (EIN 13-2898805)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-11
- IRS object ID
- 202513159349305981
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-11T16:08:54-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131655065 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTZ AND CARR CPAS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 551 FIFTH AVENUE SUITE 400 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10176 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 132898805 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PUBLIC ART FUND INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PUBL | BusinessNameControlTxt |
| Phone | 2122237800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE EAST 53RD STREET 12 FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN K FREEDMAN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 2122237800 | PhoneNum |
| Signature | 2025-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JENNIFER COATES | PreparerPersonNm |
| PTIN | P00881958 | PTIN |
| Phone | 2126972299 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SUSAN K FREEDMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE EAST 53RD STREET 12 FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,227,403 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.PUBLICARTFUND.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1977 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | PUBLIC ART FUND IS NEW YORK'S LEADING PRESENTER OF ARTISTS' PROJECTS AND EXHIBITIONS IN PUBLIC SPACES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 28 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 36 | TotalEmployeeCnt |
| Total Volunteers | 27 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,744,443 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,610,376 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $974,831 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $792,358 | CYProgramServiceRevenueAmt |
| PY Investment Income | $164,462 | PYInvestmentIncomeAmt |
| CY Investment Income | $215,474 | CYInvestmentIncomeAmt |
| PY Other Revenue | $11,333 | PYOtherRevenueAmt |
| CY Other Revenue | $26,890 | CYOtherRevenueAmt |
| PY Total Revenue | $6,895,069 | PYTotalRevenueAmt |
| CY Total Revenue | $5,645,098 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,207,852 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,888,387 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,342,525 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,349,284 | PYOtherExpensesAmt |
| CY Other Expenses | $2,844,358 | CYOtherExpensesAmt |
| PY Total Expenses | $5,557,136 | PYTotalExpensesAmt |
| CY Total Expenses | $6,732,745 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,337,933 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,087,647 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $10,243,666 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,660,343 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,472,193 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,603,429 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,771,473 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,056,914 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | AS THE LEADER IN ITS FIELD, PUBLIC ART FUND BRINGS DYNAMIC CONTEMPORARY ART TO A BROAD AUDIENCE IN NEW YORK CITY AND BEYOND BY MOUNTING AMBITIOUS FREE EXHIBITIONS OF INTERNATIONAL SCOPE AND IMPACT THAT OFFER THE PUBLIC POWERFUL EXPERIENCES WITH ART AND THE URBAN ENVIRONMENT. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,956,994 | ExpenseAmt |
| Revenue | $817,040 | RevenueAmt |
| Desc | EXHIBITION PROGRAMPUBLIC ART FUND (PAF) ENGAGES ARTISTS OF DIFFERENT BACKGROUNDS WHOSE WORKS REFLECT DIFFERENT POINTS OF VIEW AND THE DIVERSITY OF NEW YORK CITY. PAF'S MAJOR INITIATIVES INCLUDE DYNAMIC EXHIBITIONS, INSTALLATIONS, AND NEW COMMISSIONS OF ARTWORK BY AN INTERNATIONAL ROSTER OF ARTISTS AT ALL POINTS IN THEIR CAREERS FROM EMERGING TO GLOBALLY RECOGNIZED. THESE PROJECTS BRING IMPORTANT WORKS OF ART OUTSIDE THE TRADITIONAL CONFINES OF MUSEUMS AND GALLERIES, DIRECTLY TO PLACES WHERE NEW YORKERS LIVE AND WORK-INCLUDING PARKS, PLAZAS, OUTDOOR ADVERTISING VENUES, AND OTHER UNEXPECTED SITES-WHERE THEY CAN BE EXPERIENCED FREE OF CHARGE. (SEE SCHEDULE O)EACH YEAR, PAF WORKS WITH ARTISTS TO CREATE SITE-RESPONSIVE WORKS FOR VARIED LOCATIONS THROUGHOUT NEW YORK CITY, AND TO DEBUT EXISTING SCULPTURES AND INSTALLATIONS. COMMISSIONING NEW WORKS INVOLVES DEVELOPING LONG-TERM RELATIONSHIPS BETWEEN PAF AND INDIVIDUAL ARTISTS; IT CAN TAKE FROM A FEW MONTHS TO SEVERAL YEARS TO DEVELOP A PROJECT AND ADDRESS THE COMPLEX TECHNICAL AND LOGISTICAL CONSIDERATIONS INVOLVED IN PRESENTING NEW WORKS IN THE PUBLIC REALM.PAF MAINTAINS A COLLABORATIVE APPROACH TO DEVELOPING PROJECTS, WHEREIN INDIVIDUAL ARTISTS RESPOND TO A SITE IN NEW YORK CITY. AS A RESULT, PAF'S INSTALLATIONS ARE CLOSELY INTEGRATED INTO THEIR LOCATIONS AND OFFER OPPORTUNITIES TO SEE THESE SITES IN NEW WAYS. TO MEET THE ORGANIZATION'S GOAL OF REACHING THE BROADEST POSSIBLE AUDIENCE, PROJECTS ARE LOCATED BOTH IN HIGHLY TRAFFICKED LOCATIONS AND SPREAD ACROSS NEW YORK CITY'S FIVE BOROUGHS. EDUCATION AND OUTREACH PROGRAMSPAF'S OUTREACH PROGRAMS EXPAND UPON ITS EXHIBITION ACTIVITIES BY MAKING THEM ACCESSIBLE TO A WIDER AUDIENCE. PAF PRODUCES DIDACTIC MATERIALS IN PRINT AND DIGITAL FORMATS TO SUPPORT EACH OF ITS PROJECTS, AND TO AID AUDIENCES IN ENJOYING AND UNDERSTANDING PUBLIC ART PROJECTS BY CONTEMPORARY ARTISTS. PAF'S AUDIENCE IS AS BROAD AND DIVERSE AS THE MAKE-UP OF NEW YORK CITY'S RESIDENTS AND VISITORS, AND IT IS ESTIMATED THAT SOME 11 MILLION PEOPLE EXPERIENCED A PAF EXHIBITION OR PROGRAM IN THE LAST YEAR.GIVEN THE UNIQUE CHALLENGES OF MOUNTING AN EXHIBITION OUTDOORS, PAF ALSO DEVOTES SIGNIFICANT RESOURCES TO ENGAGING WITH ITS ONLINE AUDIENCE THROUGH BOTH ITS WEBSITE AND SOCIAL MEDIA PLATFORMS. PUBLICARTFUND.ORG FEATURES EXTENDED INFORMATION ON EACH EXHIBITION AND ARTIST, AS WELL AS MAPS AND GENERAL INFORMATION ABOUT THE SHOWS. VIDEOS FOR EACH EXHIBITION ILLUMINATE THE ARTISTS' THOUGHT PROCESSES AND OFFER OPPORTUNITIES FOR ONLINE VIEWERS TO EXPERIENCE THE SHOWS FROM THE PERSPECTIVE OF AN IN-PERSON VISITOR. PUBLIC ART FUND CONTINUES TO PRESENT ITS SIGNATURE LECTURE SERIES, PUBLIC ART FUND TALKS, VIRTUALLY AND IN PERSON. ORGANIZED IN COLLABORATION WITH THE COOPER UNION, THEY CONNECT COMPELLING CONTEMPORARY ARTISTS TO A BROAD PUBLIC BY ESTABLISHING A DIALOGUE ABOUT ARTISTIC PRACTICES AND PUBLIC ART. | Desc |
| Total Program Service Expenses | $3,956,994 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 44 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 36 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 28 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LARRY GIANNECHINI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2122237800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE EAST 53RD STREET | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| ELIZABETH FEARON PEPPERMAN | |||||||
| CHAIR | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SUSAN K FREEDMAN | |||||||
| PRESIDENT | 40.00 | Yes (X) | Yes (X) | $352,067 | $0 | $19,361 | |
| ANDREW R BROWNSTEIN ESQ | |||||||
| VICE PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| HOLLY LIPTON | |||||||
| VICE PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JENNIFER NEW | |||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CHARLES B SHORT | |||||||
| TREASURER | 2.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARGOT BRAM | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ELLEN CELLI | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANGELO CHAN | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WENDY FISHER | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SARA FITZMAURICE | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALEXANDRA FRANKEL | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER HARRIS | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICIA E HARRIS | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDREA KRANTZ | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LINDA LENNON | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RONAY MENSCHEL | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RUTHARD C MURPHY | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KARYN OLIVER | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DOUGLAS POLLEY | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RASIKA REDDY | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALLISON RUSSO | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KAREN SEYMOUR | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICIA SILVERSTEIN | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL STERNBERG | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALLISON WIENER | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| AI WEIWEI | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID WINE | |||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NICHOLAS BAUME | |||||||
| ARTISTIC & EXECUTIVE DIRECTOR | 40.00 | Yes (X) | $429,400 | $0 | $14,740 | ||
| STEPHANIE ADAMS | |||||||
| DEPUTY DIRECTOR - EXTERNAL AFFAIRS | 40.00 | $245,520 | $0 | $6,980 | Yes (X) | ||
| LARRY GIANNECHINI | |||||||
| DEPUTY DIRECTOR - PROGRAMS | 40.00 | $176,731 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,203,718 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $41,081 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NAVILLUS WOODWORKS | |||||
| 2100 N MAJOR AVE | CHICAGO | IL | 60639 | ARTWORK FABRICATION | $144,908 |
| HSH CONSULTING LLC | |||||
| 140 W 132 STREET 2 | NEW YORK | NY | 10027 | FUNDRAISING CONSULTANT | $112,500 |
| AGILE CLOUD CONSULTING | |||||
| 276 5TH AVE STE 704-3080 | NEW YORK | NY | 10001 | MARKETING CONSULTANT | $109,144 |
| JCDECAUX STREET FURNITURE NY LLC | |||||
| PO BOX 32089 | NEW YORK | NY | 10087 | ARTWORK PRINTING & PRODUCTION | $102,722 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $877,237 | FundraisingAmt |
| Government Grants | $96,080 | GovernmentGrantsAmt |
| All Other Contributions | $3,637,059 | AllOtherContributionsAmt |
| Noncash Contributions | $715,893 | NoncashContributionsAmt |
| Total Contributions | $4,610,376 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CONSULTATION FEES | 900099 | $777,358 | $777,358 |
| EXHIBITION FEES | 900099 | $15,000 | $15,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $792,358 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $216,636 | TotalRevenueColumnAmt |
| Exclusion | $216,636 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,297,414 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,298,576 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,162 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,162 | TotalRevenueColumnAmt |
| Exclusion | -$1,162 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $282,834 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $877,237 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $282,834 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $25,577 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $895 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,682 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $24,682 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $2,208 | TotalRevenueColumnAmt |
| Exclusion | $2,208 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,208 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,645,098 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $817,040 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $217,682 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $815,568 | TotalAmt |
| Program Services | $225,863 | ProgramServicesAmt |
| Management And General | $386,383 | ManagementAndGeneralAmt |
| Fundraising | $203,322 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,464,720 | TotalAmt |
| Program Services | $1,505,992 | ProgramServicesAmt |
| Management And General | $439,582 | ManagementAndGeneralAmt |
| Fundraising | $519,146 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $335,580 | TotalAmt |
| Program Services | $184,555 | ProgramServicesAmt |
| Management And General | $78,002 | ManagementAndGeneralAmt |
| Fundraising | $73,023 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,519 | TotalAmt |
| Program Services | $144,435 | ProgramServicesAmt |
| Management And General | $68,130 | ManagementAndGeneralAmt |
| Fundraising | $59,954 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,317 | TotalAmt |
| Program Services | $4,700 | ProgramServicesAmt |
| Management And General | $617 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,585 | TotalAmt |
| Management And General | $39,585 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,833 | TotalAmt |
| Management And General | $33,833 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $893,551 | TotalAmt |
| Program Services | $556,517 | ProgramServicesAmt |
| Management And General | $154,304 | ManagementAndGeneralAmt |
| Fundraising | $182,730 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,538 | TotalAmt |
| Program Services | $66,984 | ProgramServicesAmt |
| Management And General | $4,954 | ManagementAndGeneralAmt |
| Fundraising | $44,600 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,603 | TotalAmt |
| Program Services | $11,659 | ProgramServicesAmt |
| Management And General | $35,272 | ManagementAndGeneralAmt |
| Fundraising | $21,672 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,637 | TotalAmt |
| Program Services | $104,218 | ProgramServicesAmt |
| Management And General | $49,159 | ManagementAndGeneralAmt |
| Fundraising | $43,260 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,433 | TotalAmt |
| Program Services | $59,138 | ProgramServicesAmt |
| Management And General | $34,965 | ManagementAndGeneralAmt |
| Fundraising | $12,330 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,348 | TotalAmt |
| Program Services | $13,434 | ProgramServicesAmt |
| Management And General | $6,337 | ManagementAndGeneralAmt |
| Fundraising | $5,577 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,239 | TotalAmt |
| Program Services | $11,257 | ProgramServicesAmt |
| Management And General | $5,309 | ManagementAndGeneralAmt |
| Fundraising | $4,673 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| ART INSTALL/FABRICATION | $489,509 | $489,509 | ||
| OPENING RECEPTIONS | $158,860 | $94,452 | $64,408 | |
| PHOTOGRAPHY,VIDEO AND A | $153,590 | $145,340 | $8,250 | |
| PRINTING AND TYPOGRAPHY | $151,409 | $112,517 | $30,162 | $8,730 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $383,906 | TotalAmt |
| Program Services | $226,424 | ProgramServicesAmt |
| Management And General | $88,064 | ManagementAndGeneralAmt |
| Fundraising | $69,418 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,732,745 | TotalAmt |
| Program Services | $3,956,994 | ProgramServicesAmt |
| Management And General | $1,433,226 | ManagementAndGeneralAmt |
| Fundraising | $1,342,525 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,500,304 | BOYAmt |
| EOY | $1,165,789 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $510 | BOYAmt |
| EOY | $1,076,015 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,491,943 | BOYAmt |
| EOY | $251,908 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,434 | BOYAmt |
| EOY | $20,424 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $189,698 | BOYAmt |
| EOY | $268,191 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,026,219 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $774,378 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,809 | BOYAmt |
| EOY | $251,841 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,440,534 | BOYAmt |
| EOY | $5,062,950 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,420,434 | BOYAmt |
| EOY | $1,563,225 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,243,666 | BOYAmt |
| EOY | $9,660,343 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,075 | BOYAmt |
| EOY | $99,520 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,250 | BOYAmt |
| EOY | $1,250 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,357,868 | BOYAmt |
| EOY | $1,502,659 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,472,193 | BOYAmt |
| EOY | $1,603,429 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,773,687 | BOYAmt |
| EOY | $4,606,560 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,997,786 | BOYAmt |
| EOY | $3,450,354 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,771,473 | BOYAmt |
| EOY | $8,056,914 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,243,666 | BOYAmt |
| EOY | $9,660,343 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,087,647 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $373,088 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,848,579 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,200,792 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,496,131 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,744,443 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,610,376 | CurrentTaxYearAmt |
| Total | $19,900,321 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,848,579 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,200,792 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,496,131 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,744,443 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,610,376 | CurrentTaxYearAmt |
| Total | $19,900,321 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $2,196,097 | SubstantialContributorsTotAmt |
| Public Support Total170 | $17,704,224 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $52,703 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $32,560 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $77,521 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $181,189 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $216,636 | CurrentTaxYearAmt |
| Total | $560,609 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $9,894 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,630 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $203,202 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,617 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,208 | CurrentTaxYearAmt |
| Total | $225,551 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $20,686,481 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $4,291,100 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.85580 | PublicSupportCY170Pct |
| Public Support PY170 | 0.86070 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets Sale | Yes (1) | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,389,606 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $169,705 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $68,960 | OtherExpendituresAmt |
| End Year Balance | $1,490,351 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,266,872 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $210,009 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $67,687 | OtherExpendituresAmt |
| End Year Balance | $1,389,606 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,498,947 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$232,075 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,266,872 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,446,468 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $52,479 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,498,947 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,172,991 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $330,232 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $56,755 | OtherExpendituresAmt |
| End Year Balance | $1,446,468 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.45291 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.54709 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $574,992 | OtherCostOrOtherBasisAmt |
| Depreciation | $378,623 | DepreciationAmt |
| Book Value | $196,369 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $244,047 | OtherCostOrOtherBasisAmt |
| Depreciation | $188,575 | DepreciationAmt |
| Book Value | $55,472 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $207,180 | OtherCostOrOtherBasisAmt |
| Depreciation | $207,180 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $251,841 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| SECURITY DEPOSIT | $13,066 |
| ARTWORK | $47,500 |
| OPERATING LEASE RIGHT-OF-USE ASSET | $1,502,659 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $1,563,225 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE LIABILITY | Desc |
| Amt | $1,502,659 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,502,659 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $9,266,574 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $373,088 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $3,282,221 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $3,655,309 | RevenueNotReportedAmt |
| Revenue Subtotal | $5,611,265 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $33,833 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $33,833 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $5,645,098 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,981,133 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $3,282,221 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $3,282,221 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,698,912 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $33,833 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $33,833 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,732,745 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART V, LINE 4: | FormAndLineReferenceDesc |
| Explanation | IN ACCORDANCE WITH THE TERMS OF PAF'S DONOR-RESTRICTED ENDOWMENT, PAF FOLLOWS A POLICY OF CONSIDERING AN APPROPRIATION EACH YEAR OF 5 PERCENT OF THE AVERAGE FAIR VALUE OF ENDOWMENT FUNDS OF THE PRIOR TWO YEARS THROUGH THE YEAR-END PRECEDING THE FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED. OVER THE LONG TERM, PAF EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO GROW ANNUALLY, TO MAINTAIN PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | PUBLIC ART FUND PARTY | Event1Nm |
| Gross Receipts Event1 | $1,160,071 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $877,237 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $282,834 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $33,728 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $91,288 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $157,818 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $1,160,071 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $877,237 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $282,834 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $33,728 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $91,288 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $157,818 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $282,834 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $0 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SUSAN K FREEDMAN | ||||||||||||||
| PRESIDENT | $347,067 | $0 | $5,000 | $0 | $0 | $0 | $0 | $0 | $19,361 | $0 | $371,428 | $0 | $0 | $0 |
| NICHOLAS BAUME | ||||||||||||||
| ARTISTIC & EXECUTIVE DIRECTOR | $419,400 | $0 | $10,000 | $0 | $0 | $0 | $0 | $0 | $14,740 | $0 | $444,140 | $0 | $0 | $0 |
| STEPHANIE ADAMS | ||||||||||||||
| DEPUTY DIRECTOR - EXTERNAL AFFAIRS | $238,020 | $0 | $7,500 | $0 | $0 | $0 | $0 | $0 | $6,980 | $0 | $252,500 | $0 | $0 | $0 |
| LARRY GIANNECHINI | ||||||||||||||
| DEPUTY DIRECTOR - PROGRAMS | $169,231 | $0 | $7,500 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $176,731 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 8 | ContributionCnt |
| Noncash Contributions Rpt F990 | $715,893 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | PAF'S EXECUTIVE COMMITTEE EXERCISES POWERS OF THE BOARD IN RELATION TO MATTERS THAT ARISE BETWEEN REGULARLY SCHEDULED BOARD MEETINGS OR WHEN IT IS NOT PRACTICAL OR FEASIBLE FOR THE BOARD TO MEET. THE COMMITTEE IS DELEGATED THE AUTHORITY TO ACT AS THE FULL BOARD WHEN EXERCISING THE POWERS AND AUTHORITY UNDER ITS CHARTER, SUBJECT TO CERTAIN LIMITATIONS. THE COMMITTEE CONSISTS OF THE PRESIDENT AND TWO OR MORE ADDITIONAL MEMBERS OF THE BOARD, AS SELECTED BY THE BOARD ON AN ANNUAL BASIS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS. A DRAFT IS REVIEWED BY THE FINANCE MANAGER, THE DIRECTOR, THE PRESIDENT, THE BOARD TREASURER, AND THE AUDIT AND FINANCE COMMITTEE. THE FINAL FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE AUDIT AND FINANCE COMMITTEE EVALUATES DISCLOSURES MADE IN ACCORDANCE WITH PAF'S CONFLICT OF INTEREST POLICY, TO DETERMINE WHETHER THEY INVOLVE MERELY THE APPEARANCE OF A CONFLICT OF INTEREST OR WHETHER AN ACTUAL OR POTENTIAL MATERIAL CONFLICT OF INTEREST EXISTS. AFTER DISCLOSURE OF THE POTENTIALLY CONFLICTING INTEREST AND ALL MATERIAL FACTS, AND AFTER ANSWERING ANY QUESTIONS, THE INTERESTED DIRECTOR SHALL RECUSE HIM OR HERSELF FROM DISCUSSION, OR OTHERWISE EXERTING ANY INFLUENCE ON, AND VOTING RELATING TO THE MATTER. HOWEVER, AS A MEMBER OF THE BOARD OF DIRECTORS, THE INTERESTED DIRECTOR MAY BE COUNTED IN DETERMINING THE ESTABLISHMENT OF THE QUORUM AT SUCH A MEETING. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE CONSISTS OF THREE OR MORE MEMBERS OF THE BOARD, EACH OF WHOM HAS BEEN EMPOWERED TO INQUIRE INTO ANY MATTER IT CONSIDERS APPROPRIATE TO CARRY OUT ITS RESPONSIBILITIES, WITH ACCESS TO ALL BOOKS, RECORDS, FACILITIES AND PERSONNEL OF PAF. THE COMMITTEE MEETS AT LEAST ONCE PER YEAR AND PAF SHALL PROVIDE ADEQUATE RESOURCES TO SUPPORT THE COMMITTEE'S ACTIVITIES, INCLUDING COMPENSATION OF PAF'S COUNSEL, CONSULTANTS AND OTHER ADVISORS RETAINED BY THE COMMITTEE. THE COMMITTEE REVIEWS AND AUTHORIZES ANY EMPLOYMENT, COMPENSATION, BENEFIT OR SEVERANCE AGREEMENT FOR THE PRESIDENT AND THE DIRECTOR AND CHIEF CURATOR, OR FOR ANY OTHER EXECUTIVE OFFICER; REVIEWS COMPARABILITY DATA IN RELATION TO THE COMPENSATION OF PAF'S EXECUTIVE OFFICERS, SUCH DATA BEING BASED ON INDUSTRY SURVEYS, DOCUMENTED COMPENSATION OF PERSONS HOLDING SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS, AND/OR OUTSIDE COMPENSATION STUDIES BY INDEPENDENT EXPERTS. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | CONSULTING FEES: PROGRAM SERVICE EXPENSES 423,440. MANAGEMENT AND GENERAL EXPENSES 154,304. FUNDRAISING EXPENSES 182,730. TOTAL EXPENSES 760,474. ARTIST FEES: PROGRAM SERVICE EXPENSES 133,077. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 133,077. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PUBLIC ART FUND CREATIVE PARTNERS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 E 53RD ST | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10022 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 842341108 | EIN |
| Primary Activities | CONSULTING | PrimaryActivitiesTxt |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Total Income | $765,905 | TotalIncomeAmt |
| End Of Year Assets | $240,983 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PUBLIC ART FUND INC | BusinessNameLine1Txt |