2011-02-14T15:45:57-06:00 2010-03-31 LUTZ AND CARR CPAS LLP 300 EAST 42ND STREET NEW YORK NY 10017 990 2009-04-01 131624146 The Pierpont Morgan Library PIER 2126850008 225 MADISON AVENUE NEW YORK NY 10016 WILLIAM M GRISWOLD 2126850008 2011-02-14 1 Lauren Cresci 2126972299 2009 2016-02-24 21:20:13Z the morgan library & museum william m griswold 225 MADISON AVENUE NEW YORK NY 10016 114419687 0 X www.themorgan.org X 1924 NY MUSEUM AND INDEPENDENT RESEARCH LIBRARY (SEE SCHEDULE 0)home to one of the world's foremost collections of manuscripts, rare books, music, drawings, and ancient and other works of art, The Morgan Library & Museum offers visitors a stimulating range of exhibitions and public programs while providing researchers with access to its collection, both on site and electronically. 28 27 237 68 244016 -303234 14233063 13531280 2001924 1627822 -998260 6407948 374531 408683 15611258 21975733 100916 106315 0 10683217 9381539 51140 20000 1658601 13985214 10948187 24820487 20456041 -9209229 1519692 257836026 290398162 24325086 23420374 233510940 266977788 The mission of the Morgan Library & museum is to preserve, build, study, present, and interpret a collection of extraordinary quality, in order to stimulate enjoyment, excite the imagination, advance learning, and nurture creativity. 0 0 7885756 46088 1008836 Curatorial: The Morgan Library & Museum ("the Morgan") occupies a midtown Manhattan campus comprised of three landmarked buildings that are joined by new pavilions constructed of steel-and-glass panels designed by renowned architect Renzo Piano. The Morgan houses one of the world's greatest collections of artistic, literary, musical, and historical works. Included in its holdings are original scores of Mozart and Beethoven, drawings by Rembrandt and Rubens, medieval and Renaissance works, three Gutenberg Bibles, literary manuscripts by Dickens and Twain, and five-thousand-year-old Near Eastern carvings. The Morgan recorded over 156,000 visitors in fiscal year 2010, primarily for a wide variety of changing exhibitions encompassing works from the Morgan's permanent collection and from other museums and libraries in the U.S. and abroad. The Morgan's curators plan the exhibitions, oversee the permanent collection, prepare exhibition and collection-related catalogs, organize symposia, host graduate seminars, and provide research and other services to the scholarly community. The extraordinary group of medieval and Renaissance manuscripts; printed books and bindings; literary, historical, and music manuscripts; drawings and prints; and ancient cylinder seals that J. Pierpont Morgan brought together were among the first important collections of their kind in America and form what is today the core of the Morgan's holdings. In overall quality and importance, the collections are among the finest in the world. They now number more than 350,000 objects and are distinguished by the high percentage of items that are unique or exceptionally rare. The Morgan continues to acquire in the fields established by Pierpont Morgan and is one of only a handful of American institutions devoted to these specialized areas. 3498424 60227 193979 Library Services: The Morgan Library & Museum is one of eighteen independent research libraries in the United States and, as such, makes the collections available to qualified researchers for study on-site in the Reading Room and Drawing Study Center. With the completion of an expanded complex in early 2006, the new Sherman Fairchild Reading Room became available to scholars. With increased seating capacity, full electronic services, and an improved working environment, the Reading Room meets the needs of researchers in the twenty-first century.An online catalog of the collections, CORSAIR, is accessible through the Morgan's web site at www.themorgan.org. An active program of scholarly catalog and facsimile publications, as well as reprographic services (digital images, photographs, microfilm, and slides), helps to extend the reach of the Morgan's scholarly services and support study of the collections off-site.The Morgan has had professional paper and book conservation facilities since the 1950s, when they were among the first such labs in the United States. The Morgan's paper conservation facilities were dramatically enhanced with the February 2002 completion of the Thaw Conservation Center. The Morgan's conservators oversee the preservation of the collections and also undertake surveys and treatment projects of discrete collection areas. The collections consist almost entirely of works on paper and related porous supports (vellum, parchment, papyri), and the conservators have developed special expertise in the conservation, restoration, and repair of such objects. Both a working and teaching facility, the Thaw Center receives requests for assistance from institutions in the United States and abroad. It offers advanced internships in conservation techniques and practices. 2909582 0 425007 Public Programs: In fiscal year 2010, 12,137 people attended a wide range of concerts, lectures, films, family programs and workshops, many by renowned artists and experts in their field. Music programming included concerts by numerous presenting organizations and performances related to the exhibitions William Blake's World and The Hours of Catherine of Cleves, among others. An active program of lectures and gallery talks primarily addressed themes related to exhibitions on view. Docents gave 325 tours of the Morgan's campus and exhibitions to over 4,000 visitors. The Morgan's school program, Exploring with the Morgan, served 4,251 K-12 students of diverse communities. 841004 381413 Museum Publications and Retail: The Morgan maintains an active publications program, publishing catalogues related to its exhibitions and items in its permanent collections. These catalogues are made available to the public, along with other exhibition- and collection-related merchandise, through the Morgan's on-site retail shop and through the Morgan's web site. 841004 381413 15134766 1 1 0 0 0 0 1 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 73 0 237 1 1 1 0 0 0 0 1 1 0 0 0 28 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X LORETTA GREANEY 2125900341 225 Madison avenue new york NY 10016 S PARKER GILBERT 5.00 X X 0 0 0 JAMES R HOUGHTON 3.00 X X 0 0 0 RICHARD L MENSCHEL 3.00 X X 0 0 0 ROBERT M PENNOYER ESQ 3.00 X X 0 0 0 GEORGE L K FRELINGHUYS 3.00 X X 0 0 0 WILLIAM R ACQUAVELLA 1.00 X 0 0 0 RODNEY B BERENS 3.00 X 0 0 0 SUSANNA BORGHESE 1.00 X 0 0 0 T KIMBALL BROOKER 1.00 X 0 0 0 Karen B Cohen 1.00 X 0 0 0 FLOBELLE BURDEN DAVIS 1.00 X 0 0 0 GEOFFREY K ELLIOTT 1.00 X 0 0 0 clement c moore ii 1.00 X 0 0 0 CHARLES F MORGAN 1.00 X 0 0 0 JOHN A MORGAN 1.00 X 0 0 0 DIANE A NIXON 1.00 X 0 0 0 COSIMA PAVONCELLI 1.00 X 0 0 0 PETER PENNOYER 1.00 X 0 0 0 CYNTHIA HAZEN POLSKY 1.00 X 0 0 0 ANNETTE DE LA RENTA 1.00 X 0 0 0 LR RICCIARDI 1.00 X 0 0 0 HAMILTON ROBINSON JR 1.00 X 0 0 0 JAMES A RUNDE 1.00 X 0 0 0 JAMES BAKER SITRICK ESQ 1.00 X 0 0 0 BEATRICE STERN 1.00 X 0 0 0 JEFFREY C WALKER 1.00 X 0 0 0 WILLIAM T BUICE III 1.00 X 0 0 0 WILLIAM M GRISWOLD 35.00 X X 447527 0 41780 brian regan 35.00 X 248735 0 55450 kristina w stillman 35.00 X 230434 0 65316 ROBERT PARKS 35.00 X 151606 0 23351 patrick milliman 35.00 X 146116 0 38038 loretta greaney 35.00 X 129409 0 21597 john bidwell 35.00 X 115372 0 22651 anita masi 35.00 X 108025 0 31708 charles ryskamp X 0 0 13650 1577224 0 299891 10 0 1 0 laplaca cohen advertising inc 43 west 24th street new YORK NY 10010 public relations consultant 594179 jp morgan asset management inc 245 park avenue NEW YORK NY 10167 investment management fees 238918 beau dietl & associates security & inves one penn plaza 50th floor new yORK NY 10119 contracted security staff 213128 silchester international investors 780 third avenue 42nd floor new YORK NY 10017 investment management fees 170201 miko mcginty inc 295 carroll street brooklyn NY 11231 graphic designer & coordintor 143270 7 2252842 878000 10400438 1689395 13531280 admissions & TICKET SA 900099 1041780 1041780 membeR DUES,EVENTS, AC 900099 392063 61955 330108 pHOTOGRAPHIC INCOME 900099 105766 105766 88213 88213 1627822 2659386 70018 2589368 3985 3985 72000 48715 23285 23285 23285 85378471 10277956 82961623 8946242 2416848 1331714 3748562 3748562 868787 487374 381413 173998 207415 21975733 1297714 244016 6902723 106315 106315 1064649 577404 299114 188131 13650 13650 6638508 4599560 1415073 623875 390202 269049 92845 28308 759260 600754 61311 97195 515270 347376 116445 51449 96617 96617 66904 66904 20000 20000 409119 409119 239926 172302 61374 6250 468981 467366 1615 360537 250972 59861 49704 112307 85055 15859 11393 184296 44518 36329 103449 198317 156167 27568 14582 4060091 3197154 564399 298538 218782 182471 23749 12562 building & space mtc 1924789 1574607 219116 131066 collection items purcha 1516630 1516630 EXHIBITION, FEES, COURI 678405 678405 reference books 183852 183852 MISCELLANEOUS 142403 68174 53472 20757 86231 56635 28254 1342 20456041 15134766 3662674 1658601 636175 1378495 5593915 13045959 7713120 5367742 541204 942481 387535 285784 1014601 1054832 153008405 27834947 128470738 125173458 47101094 47321524 66168256 95521581 209388 306306 257836026 290398162 2475056 1816458 17176 100243 20000000 20000000 1832854 1503673 24325086 23420374 X 122716090 134190367 25745631 46260608 85049219 86526813 233510940 266977788 257836026 290398162 X 0 1 1 X 0 X 25205928 17119659 12356377 14265363 13531280 82478607 25205928 17119659 12356377 14265363 13531280 82478607 15677689 66800918 6652504 4851979 7603561 3678216 2686656 25472916 107951523 14418484 0.61880 0.63260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 113269350 1319588 37936725 9682558 142843105 148938518 8107246 -36836705 6939709 113269350 0.13290 0.59930 0.26780 0 0 14283694 14283694 133687522 25200150 108487372 4497460 2634797 1862663 539729 539729 125173458 castle rock fund ltd(class a) 9675908 F charter oak partners 203073 F chilton internatl (bvi) ltd. 11241282 F silchester intl value equity trust 21572133 F cedar rock capital ptnrs llc 14813824 F old lane cayman hff, lp 1318495 F old lane india opportunities fund, lp 1816983 F lc capital offhsore fund 7075686 F brigade leveraged capital 9050660 F Short term individual issues 252225 F cash and cash equivalents 1377111 F BLACK BEAR OFFSHORE LIQUIDATING FUND SPC 116150 F CHILTON GLOBAL NATURAL RESOURCES INT'L II (BVI) LTD 4996007 F ETON PARK OVERSEAS FUND, LTD 5344685 F OVERLOOK PARTNERS FUND LP 6667359 F 95521581 Accrued Post-Retirement Benefits 1200580 457(b) plan liability 303093 1503673 21975733 20456041 1519692 31947156 31947156 33466848 54001144 31947156 487374 32434530 21566614 409119 409119 21975733 20534296 487374 487374 20046922 409119 409119 20456041 Part III, Line 1a: The Morgan's collections are maintained under curatorial care and are held for research, education and public exhibition. It is the Morgan's policy that any proceeds from the sales of collection items be used for acquisitions for the collections. The Morgan excludes the carrying value of collections from its statement of financial position. Acquisitions for the collections are reflected as decreases in the Morgan's unrestricted net assets in the year in which the items are acquired. Contributed collection items are not reflected in the Morgan's financial statements. Part III, Line 4: THE EXTRAORDINARY GROUP OF MEDIEVAL AND RENAISSANCE MANUSCRIPTS; PRINTED BOOKS AND BINDINGS; LITERARY, HISTORICAL, AND MUSIC MANUSCRIPTS; MASTER DRAWINGS; AND ANCIENT CYLINDER SEALS THAT J.PIERPONT MORGAN BROUGHT TOGETHER WERE AMONG THE FIRST IMPORTANT COLLECTIONS OF THEIR KIND IN AMERICA. FROM THESE CORE HOLDINGS, THE MORGAN'S COLLECTIONS HAVE GROWN TO MORE THAN 350,000 OBJECTS THAT IN THEIR RESPECTIVE FIELDS ARE AMONG THE FINEST IN THE WORLD. THE MORGAN CONTINUES TO ACQUIRE IN THE FIELDS ESTABLISHED BY PIERPONT MORGAN AND IS ONE OF ONLY A HANDFUL OF AMERICAN INSTITUTIONS DEVOTED TO COLLECTING AND EXHIBITING IN THESE SPECIALIZED AREAS. IT ALSO PRESENTS A BROAD RANGE OF PUBLIC OFFERINGS (LECTURES, CONCERTS, ADULT AND CHILDREN'S EDUCATIONAL PROGRAMS) BASED ON THE COLLECTIONS. Part V, Line 4: Description of Intended Use of Endowment Funds: THE MORGAN'S ENDOWMENT CONSISTS OF NUMEROUS INDIVIDUAL FUNDS ESTABLISHED FOR A BROAD RANGE OF INSITITUTIONAL PURPOSES AND INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. Part XII, Line 2d - Other Adjustments: PUBLICATION AND BOOKSHOP EXPENSES NETTED ON PAGE 1 LINE 10b and direct exp.: 487374. Part XIII, Line 2d - Other Adjustments: PUBLICATION AND BOOKSHOP EXPENSES NETTED ON PAGE 1 LINE 10b: 487374. X X X X X X X 1 Beekman marketing membership 0 0 20000 -20000 20000 -20000 1 curatorial fellowship 1 46088 paper conservation fellowship 1 43701 rare book fellowship 1 16526 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The Sherman Fairchild Fellowship in Conservation is intended to further the education and training of a young conservator while contributing to the ongoing program of treatment, research, and education of the Thaw Conservation Center. The Fellowship is awarded to a recent graduate holding a diploma, Master's Degree, Ph.D. and/or Advanced Certificate in Conservation from a graduate program in art or library conservation or its equivalent. Applications from qualified candidates are evaluated according to: - Suitability of the proposed treatment project or area of research for the Thaw Conservation Center -Demonstrated knowledge and skills to successfully complete the project within the proposed time frame -An active interest in education, public outreach and advocacy for the conservation profession -Letters of recommendation from persons acquainted with the qualifications, character,and scholarship of the applicant -Performance during the interview process The Moore Curatorial Fellowship in Drawings and Prints is intended to further the education and training of a young art historian, while contributing to the activities of the Department of Drawings and Prints, including exhibitions, publications, and collection research. The Fellowship is awarded to a candidate who is pursuing or has recently completed a Ph.D. in art history with a demonstrated interest in curatorial work in the field of drawings. Applications from qualified candidates are evaluated according to: -Suitability of applicant's research interests and experience to the planned activities of the department -Demonstrated research and writing skills -Knowledge or strong interest in the field of old master drawings -An active interest in curatorial work, including daily administrative activities, communications and public speaking, and scholarly research -Letters of recommendation from persons acquainted with the qualifications, character, and scholarship of the applicant -Performance during the interview process The individuals selected undertake fellowship activities at the Morgan under the auspices of the sponsoring departments. X X 1 1 X X X X 0 1 0 0 0 0 0 0 0 WILLIAM M GRISWOLD 423527 0 0 0 24000 0 32038 0 9742 0 489307 0 0 0 brian regan 248735 0 0 0 0 0 32038 0 23412 0 304185 0 0 0 kristina w stillman 230434 0 0 0 0 0 32032 0 33284 0 295750 0 0 0 ROBERT PARKS 151606 0 0 0 0 0 16128 0 7223 0 174957 0 0 0 patrick milliman 146116 0 0 0 0 0 15888 0 22150 0 184154 0 0 0 loretta greaney 129409 0 0 0 0 0 12625 0 8972 0 151006 0 0 0 Supplemental Information Part III part I, line 1a - mr. griswold resides in an apartment owned by the morgan. the difference between his rent and the apartment's fair market value is treated as imputed income on his w-2. the morgan paid initiation fees and dues associated with one social club for mr. griswold used for business purposes. part I, line 4b - SUPPLEMENTAL NON QUALIFIED RETIREMENT PLAN BRIAN REGAN $131,514 KRISTINA STILLMAN 127,052 ROBERT PARKs 44,527 THE TRUST FOR CULTURAL RESOURCES OF THE CITY OF NEW YORK 911882413 649717MW2 2004-01-22 50000000 CONSTRUCTION, RENOVATION, and Equipping a portion of the morgan's facility. 0 0 50000000 828776 49171224 2006 0 0 1 1 0 0 0 0 0 0.01000 0.00800 0.01800 1 0 1 0 1 AIG matched funding 1.600000000000 1 0 0 X 72 0 X 3 0 X 24 1689395 quoted market price 8 0 1 1 Method for Determining Number of Contributors: Part I, Column (b): TO DETERMINE THE NUMBER OF CONTRIBUTIONS OF WORKS OF ART, A COMBINATION OF BOTH THE NUMBER OF CONTRIBUTIONS AND THE NUMBER OF ITEMS WAS USED. Third Party Use: Part I, Line 32b: THE MORGAN HAS A DEDICATED ACCOUNT AT JPMORGAN CHASE BANK, WHERE ALL CONTRIBUTIONS OF STOCK GIFTS ARE DIRECTED. THE STOCK IS SOLD UPON RECEIPT AND THE PROCEEDS WIRED TO THE MORGAN'S OPERATING ACCOUNT. Non Reporting of Revenue: Part I, Line 33: A ZERO AMOUNT WAS REPORTED ON FORM 990, PART VIII, STATEMENT OF REVENUE, LINE 1G, BECAUSE THE MUSEUM DID NOT CAPITALIZE ITS COLLECTIONS, AS ALLOWED UNDER SFAS 116. Form 990, Part VI, Section A, line 2 charles f morgan and john a morgan - family relationship robert m pennoyer and peter m pennoyer - family relationship Form 990, Part VI, Section B, line 11 The Form 990 was reviewed by the Director of Finance and Administration/CFO, Director, and Treasurer/Chairman of the Audit Committee, and was provided to all voting members of the board of trustees prior to filing. Form 990, Part VI, Section B, line 12c disclosure forms are distributed annually to officers, members of the board, and key employees. responses are reviewed by the deputy director, who confers with legal counsel if necessary. should it be needed, legal counsel would confer with officers of the board about any compliance concerns. Form 990, Part VI, Section B, line 15 THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND DETERMINES COMPENSATION FOR KEY EMPLOYEES, UTILIZING COMPARABLE DATA FROM SOURCES THEY DEEM APPROPRIATE. Form 990, Part VI, Section C, line 19 requests for copies of the morgan's governing documents, conflict of interest policy, and financial statements are evaluated on a case-by-case basis. form 990, part xi, line 2c The process for oversight of the library's financial statement audit has not changed from the prior year.