2015-05-14T12:13:47-07:00 2014-06-30 990 2013-07-01 131624012 The Frick Collection FRIC 2122880700 1 East 70th Street New York NY 10021 Michael J Paccione CFO & Asst Treasurer 2015-05-14 2013 2016-02-25 16:41:14Z 92167781 false false X www.frick.org X 1920 NY The Collection operates an internationally recognized art museum and art historical research center for the inspiration and enjoyment of the public and for the advancement of the study of fine arts and kindred subjects. 16 16 278 63 0 8722026 15772197 4529504 6056986 15543570 18251577 725766 913709 29520866 40994469 82375 82500 0 15999585 17181474 140000 2026186 7414621 9545423 23496581 26949397 6024285 14045072 302915816 358402087 9030506 10368255 293885310 348033832 The Collection operates an internationally recognized art museum and art historical research center for the inspiration and enjoyment of the public and for the advancement of the study of fine arts and kindred subjects. false false 9889095 7018682 Museum ProgramThe museum program of the Collection maintains and conserves over 1,100 works of art. The permanent art collection is made accessible to the public through research, exhibitions and publications. The Collection's conservation department is responsible for the conservation, treatment and technical study of objects in the permanent collection, as well as preservation issues for both the art collection and historic interiors of the Frick mansion. The museum program additionally offers an array of public programs that seek to deepen the public's knowledge of and appreciation for art generally and the collections of the Collection. Annual attendance during regular museum hours was approximately 422,000 visitors. Public programming during the 2013 tax year included:Special Exhibitions:Precision and Splendor: Clocks and Watches at The Frick CollectionJanuary 23, 2013, through March 9, 2014Visitors: 323,681 (during period beginning July 1, 2013 and ending March 9, 2014)David dAngers: Making the Modern MonumentSeptember 17 through December 8, 2013Visitors: 31,171 Vermeer, Rembrandt, and Hals: Masterpieces of Dutch Painting from the MauritshuisOctober 22, 2013, through January 19, 2014Visitors: 219,649Renaissance and Baroque Bronzes from theHill CollectionJanuary 28 through June 15, 2014Visitors: 73,250Enlightenment and Beauty: Sculptures byHoudon and ClodionApril 1, 2014, through April 5, 2015Visitors: 81,340 (during period beginning April 1, 2014 and ending June 30, 2014)The Poetry of Parmigianinos Schiava TurcaMay 13 through July 20, 2014Visitors: 42,672 (during period beginning May 13, 2014 and ending June 30, 2014)Art History Lecture Series: Seventeen scholarly lectures presented to the public by curatorial staff of the Collection and guest speakers Publications:David dAngers: Making the Modern Monument, 2013The Frick Collection Handbook of Paintings, 2014Hollands Golden Age in America: Collecting the Art of Rembrandt, Vermeer, and Hals, 2014The Poetry of Parmigianinos Schiava Turca," 2014The Frick Collection, 2014 Symposia:A Symposium on the History of Art, April 25 & 26,2014, graduate student symposium co-presented with the Institute of Fine Arts, New York UniversityChamber Music Concert Series: Ten concerts were presented in the 2013 tax year and recorded for broadcast on national public radio.Education and Public Programs: The Collection organized a total of 814 public programs during the 2013 tax that served approximately 17,000 individuals. Public programs included: guided visits to members of the general public , including middle school, high school, college, and graduate students; Free nights at the Frickincluding Teen Night and College Night, which offered a range of programs, including gallery talks, open sketching, and dance and music performances; lectures; gallery talks; seminars; sketching sessions in the galleries; gallery conversations for the general public; evening art dialogues for young professionals; and after school programs for high school and middle school students.Free Evening Viewings: During the 2013 tax year, the Collection additionally offered ten free,after-hours viewing sessions of the special exhibition Vermeer, Rembrandt, and Hals: Masterpieces of Dutch Painting from the Mauritshuis. Through this special program, approximately 8,000 additional visitors enjoyed this unprecedented exhibition free of charge. 4632473 82500 18472 Library ProgramThe Frick Art Reference Library serves members of general public with an interest in art, including scholars, art professionals, collectors, and students. The library's book and photograph research collections relate chiefly to paintings, drawings, sculpture, prints, and illuminated manuscripts from the fourth to the mid-twentieth centuries by European and American artists. Archival materials and special collections augment the research collections with documents pertaining to the history of collecting art and of Henry Clay Frick's collecting in particular. In the 2013 tax year, the library served 6,097 visitors as well as responded to inquiries from off-site researchers .The Center for the History of Collecting is a program that was established to foster awareness and scholarly study of the formation of fine and decorative arts collections and to promote the relevance of this subject to the history of art and culture. In tax year 2013, the Center for the History of Collecting organized the following academic symposium:Going for Baroque: Americans Collect Italian Paintings of the 17th and 18th CenturiesSeptember 20 - 21, 2013The Americas Revealed: Collecting Colonial and Modern Latin American Art in the United StatesMay 16 - 17, 2014The Center additionally awarded six grants to graduate students and post-doctoral scholars undertaking original research within the field of the history of art collecting. 14521568 true true false true false false false true false true true true false false true true true false false false true false false true true false false false true true false false false false false false false false false false false true true false false false false false false false false true 79 0 true 278 true false false false false false false true true false 0 false false false false false false false false false false X 16 16 false false false false false false false true true false false false true true true true true true true false X X Michael J Paccione 2122880700 1 East 70th Street New York NY 10021 Stephen A Schwarzman Trustee 1.00 0.00 X 0 0 0 Charles Royce Trustee 1.00 0.00 X 0 0 0 Margot Bogert Trustee & Chair 1.00 0.00 X X 0 0 0 Melinda Martin Sullivan Trustee 1.00 0.00 X 0 0 0 Antonio Weiss Trustee 1.00 0.00 X 0 0 0 Peter Blanchard III Trustee 1.00 0.00 X 0 0 0 Juan Sabater Trustee 1.00 0.00 X 0 0 0 James S Reibel Trustee 1.00 0.00 X 0 0 0 Emily T Frick Trustee 1.00 0.00 X 0 0 0 Boker Doyle Trustee&V.Chair 1.00 0.00 X X 0 0 0 Blair Effron Trustee 1.00 0.00 X 0 0 0 Jean-Marie Eveillard Trustee 1.00 0.00 X 0 0 0 Franklin Hobbs Trustee & Treas 1.00 0.00 X X 0 0 0 Aso Tavitian Trustee&V.Chair 1.00 0.00 X X 0 0 0 Barbara G Fleischman Trustee 1.00 0.00 X 0 0 0 Ayesha Bulchandani-Mathrani Trustee 1.00 0.00 X 0 0 0 Michael J Horvitz Trustee& Sectry 1.00 0.00 X X 0 0 0 Sidney R Knafel Trustee 1.00 0.00 X 0 0 0 Ian Wardropper Director & CEO 35.00 0.00 X 505238 0 47500 Robert Goldsmith COO & Asst. Sec 35.00 0.00 X 286539 0 47500 Alison Lonshein GC & Asst. Sec 35.00 0.00 X 221612 0 30161 Michael Paccione CFO & Ast.Treas 35.00 0.00 X 211126 0 22511 Lynne Rutkin Dep Director External Affairs 35.00 0.00 X 179556 0 21623 Stephen Bury A.W. Mellon Chief Librarian 35.00 0.00 X 163291 0 24329 Inge Reist Chief Research 35.00 0.00 X 141362 0 22136 Dana Winfield Head Human Res 35.00 0.00 X 127775 0 34778 Colin Bailey DepDir &ChfCurator 35.00 0.00 X 138949 0 16895 Dennis Sweeney Head Operations 35.00 0.00 X 139908 0 35991 Donald Swanson Head-Conservati 35.00 0.00 X 141925 0 36193 2257281 339617 20 false true false Buck Consultants 500 Plaza Drive Secaucus NJ 07096 Actuarial Services 142670 Siebold security 37 Richmond Street Rochester NY 14607 Security Consulting 122740 CAMBRIDGE ASSOCIATES LLC 100 Summer Street Boston MA 02110 Endowment Consulting 475349 LaPlaca Cohen 43 West 24th Street New York NY 10010 Advertising 157920 Arco Protection Systems inc 532 Main Street Poughkeepsie NY 12601 Engineering consult 135699 9 2736341 1461662 11574194 2102366 15772197 Admissions 713990 5074916 5074916 Concert ticket sales 711300 42960 42960 Educational programs 611600 85496 85496 Membership Dues & Assessments 713990 853614 853614 6056986 3789975 3789975 0 9400 9400 0 64557550 50095948 14461602 14461602 14461602 176040 1461662 301480 -125440 -125440 0 1740918 775884 965034 965034 Employee Cafeteria 722210 64715 64715 64715 40994469 7031420 18190852 0 82500 82500 0 0 1807835 352764 1022420 432651 0 10662147 4530445 5550084 581618 648070 253782 341576 52712 3166348 1261043 1635340 269965 897074 351292 472817 72965 0 113356 44390 59746 9220 117000 45817 61667 9516 0 140000 140000 1940062 1940062 0 136505 136505 645706 332646 302633 10427 277203 138601 83161 55441 0 929569 929569 145775 101285 41371 3119 0 62501 30189 30798 1514 0 0 1741076 774778 931476 34822 237526 237526 Exhibit & Conservation costs 1886188 1886188 Consultant services 680912 29769 628203 22940 Equipment rental & maintenance 431110 34195 396915 Publication acquisitions 334181 334181 -133247 3937703 -4400226 329276 26949397 14521568 10401643 2026186 0 4835633 11604854 3046309 8022766 0 0 0 0 774956 712895 2011947 3031017 48591134 28834219 20380850 19756915 161910952 176742717 108688059 137364111 0 0 1267110 1166812 302915816 358402087 2315044 2766500 6715462 7601755 9030506 10368255 X 239807903 282105912 14520114 25752813 39557293 40175107 293885310 348033832 302915816 358402087 14045072 40103450 X false true X true false X 6439707 8718894 7971296 8722026 15771838 47623761 0 0 6439707 8718894 7971296 8722026 15771838 47623761 5353875 42269886 3453745 4606436 3288313 3184464 3799375 18332333 0 49085 57082 61706 62849 64715 295437 66251531 18955869 0.63800 0.67920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false true false true 225 false false false false false 225 false false Part II-B, Line 1i - Other Activities Description Two letters to officials regarding a vote to award the Monuments Men with the Congressional Gold Medal. X X X X true 274611681 1517007 58346110 9538819 1739757 323196222 242510263 1272640 41779095 9424791 1525526 274611681 255238297 5905657 -7269433 9843015 1521243 242510263 213223676 2666233 49320811 8862681 1109742 255238297 1105415 30512260 12198466 1542613 213223676 213223676 0.79860 0.18750 0.01390 false false false 776088 776088 5662166 5662166 28061304 12457867 15603437 9877794 7527210 2350584 4213782 3186976 1026806 19756915 137364111 Accrued postretirement welfare benefits 7601755 7601755 X 80508384 40103450 40103450 40404934 1739757 -1150222 589535 40994469 26359862 26359862 1739757 -1150222 589535 26949397 Part III, Line 1a: If organization elected under SFAS 116 to not report are, historical treasures, o In accordance with elections made under Statement of Financial Accounting Standard No. 116 (SFAS 116), the Collection does not include either the cost or the value of its collections on its statement of financial position, nor does it recognize gifts of collection items as revenues in its statement of activities. Collection items are considered works of art, historical treasures, and similar assets held for public exhibition, education, or research in furtherance of public service rather than financial gain. Part III, Line 4: Description of organization's collections and how it furthers its purpose. The Frick Collection was established by Pittsburgh industrialist Henry Clay Frick, who, upon his death in 1919, bequeathed his New York residence (since designated a National Historic Landmark) and remarkable collection of Western European paintings, sculpture and decorative arts for the enjoyment of the public and for the advancement of the study of fine arts and kindred subjects. The Frick Art Reference Library of the Collection was established in 1920 by Frick's daughter, Helen Clay Frick. The library's book and photograph research collections relate chiefly to paintings, drawings, sculpture, prints, and illuminated manuscripts from the 4th to the mid-20th centuries by European and American artists, and its archival materials and special collections augment the research collections with documents pertaining to the history of collecting art and of Frick's collecting in particular. The Collection's mission is to preserve and display for the public Frick's art collection in a domestic setting and to augment the Collection's art holdings; to provide access, understanding and enjoyment of the art collection to the public through special exhibitions, publications, education and research, and public programs; to offer the visiting public an engaging view of life in the Gilded Age; and to serve as a center for research and to stimulate scholarship in the history of art and the history of collecting works of art in the Western tradition from the 4th to the mid-20th centuries. Part V, Line 4: Intended uses of the endowment fund. The aggregate endowment funds of The Frick Collection are the foundation of the institution. The endowments ensure the Frick's continued vitality by providing a consistent flow of funds that support all programatic, facility and related administrative costs of the organization. Part X : FIN48 Footnote The Collection recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Management has determined that the Collection has no uncertain tax positions that would require financial statement disclosure. The Collection is no longer subject to audits by the applicable taxing jurisdictions for periods prior to 2011. Europe 0 0 Attend/speak @ conference 10000 Cntrl Amer.& Caribbean 0 0 Investment 56750000 North America 0 0 Attend/speak @ conference 1200 56761200 56761200 true false true false true false X X X X X true CCS PO Box 824885 Phila PA 19182 Campgn Planning false 140000 140000 NY CT MA NJ Autumn Dinner 1214852 1142702 72150 44493 105516 Young Fellows Winter Ball 282150 219450 62700 30682 2500 63426 1 140700 99510 41190 16200 38663 1637702 1461662 176040 91375 2500 207605 301480 -125440 true 0 0 Research fellowships in the History of Collecting 6 82500 Grantmaker's Description of How Grants are Used Research Fellowships in the History of Collecting: The Collection makes grants to individuals undertaking scholarly research into the history of collecting art. Graduate students and post-doctoral scholars in the fields of cultural and art history are eligible for the grants. Fellowships are awarded on the basis of the proposed project's contribution to the study of the history of art collecting, with preference being given to interdisciplinary research subjects and those projects that relate to the special collections and archival materials of the Frick Art Reference Library of the Collection. In order to ensure that the fellowship grants are awarded for their intended purpose, each candidate is required to submit an application consisting of (i) a cover letter briefly stating the purpose of the research planned and indicating how a fellowship would be beneficial; (ii) a completed application form; (iii) a detailed project proposal describing the research project and its objectives, situating the project within the context of existing scholarship, and explaining how the project would benefit from a fellowship at the Collection; and (iv) a curriculum vitae. During the fellowship period, a fellowship recipient is expected to be in residence at the Collection's library. At the end of the fellowship period, each fellowship recipient is required to offer a brief oral presentation at a "Fellows' Forum" and to submit a written progress report describing the fellow's accomplishments with respect to the project during the fellowship period. Fellowship recipients additionally are required to submit an expenditure report detailing how the fellowship funds were expended. X true true X X X X X false false false false false false false false false false Alison Lonshein GC & Asst. Sec 221612 22161 8000 251773 Colin Bailey DepDir &ChfCurator 138949 13895 3000 155844 Dana Winfield Head Human Res 127775 12778 22000 162553 Dennis Sweeney Head Operations 139908 13991 22000 175899 Donald Swanson Head-Conservati 141925 14193 22000 178118 Ian Wardropper Director & CEO 405238 100000 25500 22000 552738 Inge Reist Chief Research 141362 14136 8000 163498 Lynne Rutkin Dep Director External Affairs 179556 17956 3667 201179 Michael Paccione CFO & Ast.Treas 211126 21113 1398 233637 Robert Goldsmith COO & Asst. Sec 286539 25500 22000 334039 Stephen Bury A.W. Mellon Chief Librarian 163291 16329 8000 187620 Part I, Line 1a: Relevant information in regards to selections on 1a. Pursuant to a written employment agreement with the Director and Chief Executive Officer (the "Director"), the Collection provided a housing allowance. The value of this benefit was treated as taxable compensation. X 4 X X 27 2102366 Stockmkt quote X ARCHIVE/MANUSCR 2 X PHOTOARCHIVE 4 5 false false false Part I, Line 33, Revenues Not Reported In accordance with Financial Accounting Standards Board statement #116, the Collection does not include either the cost or the value of its collections in its statement of financial position, nor does it recognize gifts of collection items as revenues in its statement of activities. Form 990, Part VI, Line 11b: Form 990 Review Process Under the bylaws, the Audit Committee of the Board of Trustees has been delegated the function of overseeing preparation of the Form 990. The Audit Committee accordingly meets for the purpose of reviewing and commenting on a draft version of the Form 990 prior to filing. After the Form 990 is approved by the Audit Committee, a copy of the final return (without Schedule B, which is redacted to maintain donor anonymity) is made available to each member of the Board of Trustees before it is filed. The Form 990 additionally is reviewed by management. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The conflict of interest policy in effect during the 2013 tax year covers each member of the Board of Trustees, officer, and key employee of the Collection (collectively "covered persons"). Each covered person makes annual written disclosures regarding entities known to do business with the Collection and in which the covered person or a family member of the covered has a personal, business or organizational interest or affiliation. The completed disclosure statements are reviewed by the Collection's General Counsel and Assistant Secretary. The policy additionally requires covered persons to disclose potential conflicts of interest as they arise to the Chair or the Secretary, who in turn make a report to the Board of Trustees or relevant committee of the Board. The Board or relevant committee may refer a conflict of interest to the Audit Committee for consideration and resolution. A transaction involving a conflict of interest for a covered person must be approved by only those Trustees or committee members who do not have a conflict with respect to the transaction. The covered person may not vote on the transaction or participate in discussions of the transaction other than to answer questions or, at the request of the Board or committee, to elaborate on the information presented. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Under the bylaws, the Compensation Committee of the Board of Trustees recommends the compensation of the Director and Chief Executive Officer (the "Director") to the full Board of Trustees for its review and approval. The Compensation Committee also is responsible for setting the compensation of the other officers and key employees (who are compensated in their capacity as employees and not as officers) based on the recommendations of the Director. The positions for which this procedure is followed are the Deputy Director and Chief Operating Officer and Assistant Secretary; the Chief Financial Officer and Assistant Treasurer; the General Counsel and Assistant Secretary; the Chief Curator; the Deputy Director for External Affairs; and the Chief Librarian. In determining the reasonableness of compensation paid to each of the foregoing individuals, the Compensation Committee, and the Board of Trustees in the case of the Director, reviews comparability data available for peer organizations, including Forms 990 and published compensation surveys. The compensation analysis is undertaken annually and the most recent meeting of the Compensation Committee for such purposes was held on May 27, 2014. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Collection was incorporated by act of the New York State legislature, and its charter therefore is a public document. The charter also has been published by the Collection. A copy of the Collection's audited financial statements may obtained by written request to the Collection or to the office the New York State Attorney General. Portions of the audited financial statements, such as the statement of financial position and the statement of activities, are reproduced in the Collection's Annual Report, which is available on the Collection's website. The Collection does not make its bylaws or conflicts of interest policy available to the public.