2013-05-14T11:22:37-07:00 2012-06-30 990 2011-07-01 131624012 The Frick Collection FRIC 2122880700 1 East 70th Street New York NY 10021 Michael J Paccione 2013-05-14 2011 2016-02-24 21:20:13Z Ian Wardropper c/o Frick Collection 1 E 70th New York NY 10021 102698694 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 16 240 37 0 13378540 8021296 3506412 4468316 19915701 11568691 689815 738327 37490468 24796630 87571 82500 0 14685791 15239085 0 1699540 5741622 12074109 20514984 27395694 16975484 -2599064 289175831 270629014 10032649 10486209 279143182 260142805 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 9399137 5433699 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 was approximately 329,000 visitors. Public programming in 2011 included:Special Exhibitions:In a New Light: Bellini's St. Francis in the DesertMay 22 through August 28, 2011 Visitors: 45,834 (during period beginning July 1, 2011 and ending August 28, 2011)Turkish Taste at the Court of Marie-AntoinetteJune 7 through September 11, 2011Visitors: 54,761 (during period beginning July 1, 2011 and ending on September 11, 2011)Picasso's Drawings, 1890-1921: Reinventing TraditionOctober 4, 2011, through January 8, 2012Visitors: 78,738 White Gold: Highlights from the Arnhold Collection of Meissen PorcelainDecember 13, 2011, through January 6, 2013Visitors: 195,623 (during period beginning December 13, 2011 and ending June 30, 2012)Renoir, Impressionism, and Full-Length PaintingFebruary 7 through May 13, 2012Visitors: 121,905 A Passion for Drawings: Charles Ryskamp's Bequest to The Frick CollectionFebruary 14 through April 8, 2012Visitors: 62,689 Antico: The Golden Age of Renaissance BronzesMay 1 through July 29, 2012Visitors: 42,482 (during period beginning May 1, 2012 and ending June 30, 2012)Gold, Jasper, and Carnelian: Johann Christian Neuber at the Saxon CourtMay 30 through August 19, 2012Visitors: 54,454 (during period beginning May 30, 2012 and ending June 30, 2012) Art History Lecture Series: Twenty-three scholarly lectures presented to the public by curatorial staff of the Collection and guest speakers PublicationsColin B. Bailey, Fragonard's Progress of Love at The Frick CollectionPublished in association with D. Giles Ltd., 2011Susan Galassi with Marilyn McCully, Picasso's Drawings 1890-1921: Reinventing TraditionPublished in association with Yale University Press, 2011Colin B. Bailey, Renoir, Impressionism,and Full-Length Painting,Published in association with Yale University Press, 2012The Frick Collection, 2011 Symposia:A Symposium on the History of Art, April 20-21, 2012, graduate student symposium co-presented with the Institute of Fine Arts, New York UniversityChamber Music Concert Series: twelve concerts were presented in 2011 and recorded for boroadcast on national public radio.Public Education Programs: The Collection provided guided visits to nearly 3,400 members of the public in 2011, including 2,609 students in grades 5-12. When combined with additional public education programs such as lectures, docent talks, seminars, Sunday sketch, gallery talks, and conversations for the general public; evening art dialogues for young professionals; and after school programs for high school and middle school students - the Collection organized a total of 1,051 public program sessions and served nearly 23,500 individuals. 5049004 82500 5707 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 2011, the library served 6,146 visitors (consisting of 1,792 individual external researchers) and responded to over 1,099 inquiries and answered 5,133 on-site research questions.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 2011, the Center for the History of Collecting organized the following academic symposium:The Dragon and the Chrysanthemum: Collecting Chinese and Japanese Art in AmericaMarch 15 & 16, 2012The Center additionally awarded six grants to graduate students and post-doctoral scholars undertaking original research within the field of the history of art collecting. 14448141 true true false true false false false true false true true true false false true true true false false false true false false false 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 62 0 true 240 true false false false false false false false false true true false 0 false 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 true false false NY X X Michael J Paccione 2122880700 1 East 70th Street New York NY 10021 Walter Eberstadt 1.00 X X 0 0 0 Barbara G Fleischman 1.00 X 0 0 0 Aso Tavitian 1.00 X 0 0 0 Franklin Hobbs 1.00 X X 0 0 0 Jean-Marie Eveillard 1.00 X 0 0 0 Martha Loring 1.00 X 0 0 0 John P Birkelund 1.00 X X 0 0 0 Emily T Frick 1.00 X 0 0 0 Margot C Bogert 5.00 X X 0 0 0 Juan Sabater 1.00 X 0 0 0 Peter Blanchard III 1.00 X 0 0 0 Antonio Weiss 1.00 X 0 0 0 Blair W Effron 1.00 X 0 0 0 LF Boker Doyle 1.00 X 0 0 0 Charles Royce 1.00 X 0 0 0 Stephen A Schwarzman 1.00 X 0 0 0 Michael Paccione 35.00 X 193650 0 20700 Alison Lonshein 35.00 X 205442 0 27725 Robert Goldsmith 35.00 X 264900 0 41300 Ian Wardropper 35.00 X 135906 0 4200 Anne L Poulet 35.00 X 541696 0 37100 Stephen Bury 35.00 X 152422 0 22425 Lynne Rutkin 35.00 X 268839 0 31725 Colin Bailey 35.00 X 202837 0 27525 Inge Reist 35.00 X 133560 0 20625 Dana Winfield 35.00 X 103490 0 27100 Joe Corsello 35.00 X 109541 0 27800 Dennis Sweeney 35.00 X 124003 0 29200 Donald Swanson 35.00 X 131504 0 30000 2567790 347425 16 false true false Westerman Construction Co Inc 80 Eighth Avenue New York NY 10011 Construction 2226154 West New York Restoration 1800 Boston Road Bronx NY 10460 Construction 367463 Siebold security 37 Richmond Street Rochester NY 14607 Security Consulting 324449 Davis Brody Bond LLC 315 Hudson Street New York NY 10013 Architectural srvc 307296 CAMBRIDGE ASSOCIATES LLC 100 Summer Street Boston MA 02110 Endowment Consulting 491802 10 1147847 1322373 5551076 862179 8021296 Membership Dues & Assessments 713990 384125 384125 Educational programs 611600 49065 49065 Concert ticket sales 711300 52569 52569 Admissions 713990 3982557 3982557 4468316 3286079 3286079 0 2234 2234 24018 -24018 -24018 -24018 79808185 5513760 74087297 2952036 5720888 2561724 8282612 8282612 165500 1322373 272275 -106775 -106775 0 1371618 566438 805180 805180 Employee Cafeteria 722210 61706 61706 61706 24796630 5273496 11501838 0 82500 82500 0 0 1965691 409428 1124915 431348 0 9012901 4019782 4629832 363287 693131 279637 363325 50169 2786543 1128957 1460203 197383 780819 315014 409289 56516 0 76401 30823 40048 5530 115001 46396 60281 8324 0 0 1693843 1693843 0 97938 97938 570877 259535 307589 3753 254790 127395 76437 50958 0 900845 900845 89601 62522 26990 89 0 39934 17127 22781 26 0 0 1616265 721177 865995 29093 221547 221547 Publication acquisitions 339683 339683 Equipment rental & maintenance 483486 17924 465562 Exhibit & Conservation costs 1491096 1491096 FAS158 non-operating cost 2748064 1108681 1440477 198906 1334738 3990464 -2959884 304158 27395694 14448141 11248013 1699540 40000 0 14348592 3434201 5720583 4128483 0 0 0 0 629262 686712 825328 0 46986616 25730955 20708427 21255661 146114830 149397921 97501034 90698798 0 0 3287775 1027238 289175831 270629014 3506604 2241070 6526045 8245139 10032649 10486209 X 227393457 210871863 13683058 10947292 38066667 38323650 279143182 260142805 289175831 270629014 X -2599064 -16401313 X false true true X false false X 9177806 10206602 6439707 8718894 7971296 42514305 0 0 9177806 10206602 6439707 8718894 7971296 42514305 3015681 39498624 4825774 3901571 3453745 4606436 3288313 20075839 0 47141 50697 49085 57082 61706 265711 62855855 21422518 0.62840 0.61570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false true false true 55 false false false false false 55 false false Part II-B, Line 1i Part II-B, Line 1i - Other Activities Description Letters to federal legislators expressing support for legislation that would make it easier for museums to borrow works of art from foreign sovereign lenders. Associated expenses were for nominal staff time and postage. X X X X true 255238297 5905657 -7269433 9843015 1521243 242510263 213223676 2666233 49320811 8862681 1109742 255238297 195347080 1105415 30512260 12198466 1542613 213223676 0.80020 0.19140 0.00840 false false false 776088 776088 600000 5662166 6015738 246428 99646 26828825 10676383 16252088 9043274 6309670 2733604 3976617 2729164 1247453 21255661 90698798 Accrued postretirement welfare benefits 6585483 Accrued postretirement pension benefits 1659656 8245139 24796630 27395694 -2599064 -16351313 -50000 -16401313 -19000377 7675144 -16351313 -16351313 24026457 1521243 -751070 770173 24796630 26675521 26675521 1521243 -801070 720173 27395694 Part X 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 2007. Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Non-cash donation of Art on 990 not in AFS $ -50000 Part V, Line 4 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 III, Line 4 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 III, Line 1a 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. Cntrl Amer.& Caribbean 0 0 Investment 19275217 North America 0 0 Attend/speak @ conference 4000 Europe 0 0 Attend/speak @ conference 18000 Europe 0 0 Program services Educational travel 269920 19567137 19567137 X true false true false true false X X X X X X false NY Autumn Dinner 1124973 1051198 73775 41617 7555 84796 Young Fellows Winter Ball 245250 185550 59700 33995 750 55680 1 117650 85625 32025 18832 1500 27550 1487873 1322373 165500 94444 9805 168026 272275 -106775 true X 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. Recipients of short-term senior fellowships and long-term fellowships additionally are required to submit an expenditure report detailing how the fellowship funds were expended. X true true X X X X X false true false false false false false false true true Stephen Bury 152422 15200 7225 174847 Robert Goldsmith 264900 24500 16800 306200 Michael Paccione 193650 19400 1300 214350 Lynne Rutkin 268839 24500 7225 300564 Inge Reist 133560 13400 7225 154185 Donald Swanson 131504 13200 16800 161504 Dennis Sweeney 124003 12400 16800 153203 Colin Bailey 202837 20300 7225 230362 Anne L Poulet 356696 185000 24500 12600 578796 50000 Alison Lonshein 205442 20500 7225 233167 Sch J, Part I, Line 8 Part I, Line 8: Amounts reported on 990 VII pursuant to initial contract exemption described in Regs The Collection hired a new Director as of October 1, 2011 who was not a disqualified person prior to that time. The terms of the Director's employment are governed by a written agreement which provides for compensation in the form a fixed base salary and housing allowance, which are shown as reportable compensation in Form 990, Part VII. Sch J, Part I, Line 1a Part I, Line 1a: Relevant information in regards to selections on 1a. Pursuant to a written employment agreement and sublease with the Director and Chief Executive Officer (the "Director"), the Collection provided a residence for personal use and a housing allowance for her successor. The value of this benefit in each instance was treated as taxable compensation. X 1 50000 8283 appraisal X X 17 812179 Stockmkt quote X Photo Archives 9 X Archive/Records 3 1 false true 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 19 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. Form 990, Part VI, Line 15b 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, Chief Operating Officer and Assistant Secretary; the Chief Financial Officer and Assistant Treasurer; the General Counsel and Assistant Secretary; the Deputy Director and 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 30, 2012. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The conflict of interest policy 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 11 Form 990, Part VI, Line 11: 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 is made available to each member of the Board of Trustees before it is filed. The Form 990 additionally is reviewed by management throughout the preparation and review process.