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THE METROPOLITAN MUSEUM OF ART: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
THE METROPOLITAN MUSEUM OF ART (EIN 13-1624086)
Tax period
2009-07-01 to 2010-06-30
Filed
2011-02-14
IRS object ID
201140459349301569
Schema version
2009v1.7
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-02-14T15:51:11-06:00Timestamp
Tax Period End Date2010-06-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1PricewaterhouseCoopers LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line11301 K STREET NW STE 800WAddressLine1
CityWASHINGTONCity
StateDCState
ZIP Code200053333ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN131624086EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1METROPOLITAN MUSEUM OF ARTBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMETRNameControl
Phone2128795500Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 FIFTH AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100280198ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameOLENA PASLAWSKYName
TitleSENIOR VICE PRESIDENTTitle
Date Signed2011-02-14DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
Phone2024141000Phone
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonTHOMAS CAMPBELLNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line11000 FIFTH AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10028ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1340265038GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteWWW.METMUSEUM.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1870YearFormation
State Legal DomicileNYStateLegalDomicile
Activity Or Mission DescriptionTHE MISSION OF THE METROPOLITAN MUSEUM OF ART IS TO COLLECT, PRESERVE, STUDY, EXHIBIT, AND STIMULATE APPRECIATION FOR AND ADVANCE KNOWLEDGE OF WORKS OF ART. SEE SCHEDULE O FOR MORE INFORMATION.ActivityOrMissionDescription
Nbr Voting Members Governing Body45NbrVotingMembersGoverningBody
Nbr Independent Voting Members42NbrIndependentVotingMembers
Total Nbr Employees2709TotalNbrEmployees
Total Nbr Volunteers1341TotalNbrVolunteers
Total Gross UBI-4688652TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year159035838ContributionsGrantsPriorYear
Contributions Grants Current Year153972180ContributionsGrantsCurrentYear
Program Service Revenue Prior Year16021203ProgramServiceRevenuePriorYear
Program Service Revenue CY12477967ProgramServiceRevenueCY
Investment Income Prior Year112514960InvestmentIncomePriorYear
Investment Income Current Year78625097InvestmentIncomeCurrentYear
Other Revenue Prior Year31482653OtherRevenuePriorYear
Other Revenue Current Year33793807OtherRevenueCurrentYear
Total Revenue Prior Year319054654TotalRevenuePriorYear
Total Revenue Current Year278869051TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year1467163GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY1462445GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year170999567SalariesEtcPriorYear
Salaries Etc Current Year158962526SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year358741TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY277770TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year8655666TotalFundrsngExpCurrentYear
Other Expense Prior Year178753773OtherExpensePriorYear
Other Expenses Current Year156857973OtherExpensesCurrentYear
Total Expenses Prior Year351579244TotalExpensesPriorYear
Total Expenses Current Year317560714TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-32524590RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-38691663RevenuesLessExpensesCY
Total Assets BOY2875202175TotalAssetsBOY
Total Assets EOY2972734449TotalAssetsEOY
Total Liabilities BOY450930642TotalLiabilitiesBOY
Total Liabilities EOY432625884TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY2424271533NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY2540108565NetAssetsOrFundBalancesEOY
Mission DescriptionTHE MISSION OF THE METROPOLITAN MUSEUM OF ART IS TO COLLECT, PRESERVE, STUDY, EXHIBIT, AND STIMULATE APPRECIATION FOR AND ADVANCE KNOWLEDGE OF WORKS OF ART. SEE SCHEDULE O FOR MORE INFORMATION.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense32138524Expense
Revenue4026400Revenue
DescriptionACQUISITIONS OF ART - SEE SCHEDULE O FOR MORE INFORMATIONDescription

Activity2 Activity2

FieldValueIRS element (for citing)
Expense66969380Expense
Grants1462445Grants
Revenue3980421Revenue
DescriptionCURATORIAL DEPARTMENTS, INCLUDING OPERATION OF THE CLOISTERS, CONSERVATION, CATALOGUING AND SCHOLARLY PUBLICATIONS (INCLUDES FELLOWSHIP AWARDS AND TRAVEL STIPENDS IN THE AMOUNT OF $1,462,445) - SEE SCHEDULE O FOR MORE INFORMATIONDescription

Activity3 Activity3

FieldValueIRS element (for citing)
Expense59006153Expense
DescriptionGUARDIANSHIP AND MAINTENANCE OF THE MUSEUM AND ITS ART COLLECTION - SEE SCHEDULE O FOR MORE INFORMATIONDescription

Activity Other ActivityOther (11 entries)

ExpenseExpenseDescriptionDescriptionRevenueRevenue
39557394DEPRECIATION
31767974MERCHANDISING OPERATIONS28641920
8751500SPECIAL EXHIBITIONS
13421772COMMUNITY PROGRAMS AND LIBRARIES
7636304RENOVATION OF GALLERIES
4605044COMMUNICATIONS340786
3381553MEMBERSHIP SERVICES INC BULLETIN
2650076OPERATION OF AUDITORIUM8156760
3161572OPERATION OF RESTAURANTS
1423150OPERATION OF PARKING GARAGE
907260CORPORATE EVENTS & FUNDRAISING-1114136
FieldValueIRS element (for citing)
Total Of Other Program Service Exp117263599TotalOfOtherProgramServiceExp
Total Of Other Program Service Rev36025330TotalOfOtherProgramServiceRev
Total Program Service Expense275377656TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiestrueLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArttrueCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentstrueTermOrPermanentEndowments
Balance Sheet Amounts ReportedtrueBalanceSheetAmountsReported
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiestrueForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualstrueMoreThan5000KToIndividuals
Professional FundraisingtrueProfessionalFundraising
Fundraising ActivitiestrueFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualstrueGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondstrueTaxExemptBonds
Invest Tax Exempt BondsfalseInvestTaxExemptBonds
Escrow AccounttrueEscrowAccount
On Behalf Of IssuerfalseOnBehalfOfIssuer
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshptrueOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionstrueDeductibleNonCashContributions
Deductible Contributions Of ArttrueDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntityfalseRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With1096610NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees2709NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncometrueUnrelatedBusinessIncome
Form990-T FiledtrueForm990-TFiled
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionstrueQuidProQuoContributions
Quid Pro Quo DisclosuretrueQuidProQuoDisclosure
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Nbr Voting Governing Body Members45NbrVotingGoverningBodyMembers
Number Independent Voting Members42NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiesfalseDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OthertrueCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
States Where Copy Of Return Is FiledALStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledAKStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledAZStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledARStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledCAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledCOStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledCTStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledFLStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledGAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledHIStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledILStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledKSStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledKYStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledLAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledMEStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledMDStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledMAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledMIStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledMNStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledMSStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNHStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNJStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNMStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNYStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNCStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledNDStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledOHStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledOKStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledORStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledPAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledRIStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledSCStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledTNStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledUTStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledVAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledWAStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledWVStatesWhereCopyOfReturnIsFiled
States Where Copy Of Return Is FiledWIStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonCONTROLLER'S OFFICENamePerson
Telephone Number2128795500TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11000 FIFTH AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100280198ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (68 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerHighest Compensated EmployeeHighestCompensatedEmployeeFormerFormer
GAYLE PERKINS ATKINS
ELECTIVE TRUSTEE1.0X000
RENEE E BELFER
ELECTIVE TRUSTEE1.0X000
LEON D BLACK
ELECTIVE TRUSTEE1.0X000
DANIEL BRODSKY
ELECTIVE TRUSTEE2.0X000
RUSSELL L CARSON
ELECTIVE TRUSTEE2.0X000
WELLINGTON Z CHEN
ELECTIVE TRUSTEE1.0X000
RICHARD L CHILTON JR
ELECTIVE TRUSTEE2.0X000
PAULA CUSSI
ELECTIVE TRUSTEE1.0X000
MARK FISCH
ELECTIVE TRUSTEE1.0X000
S PARKER GILBERT
ELECTIVE TRUSTEE & VICE CHAIR2.0X000X
JEFFREY W GREENBERG
ELECTIVE TRUSTEE1.0X000
CONRAD K HARPER
ELECTIVE TRUSTEE1.0X000
BONNIE B HIMMELMAN
ELECTIVE TRUSTEE1.0X000
JAMES R HOUGHTON
ELECTIVE TRUSTEE & CHAIRMAN5.0X000X
PHILIP H ISLES
ELECTIVE TRUSTEE1.0X000
DENIS P KELLEHER
ELECTIVE TRUSTEE1.0X000
DAVID H KOCH
ELECTIVE TRUSTEE1.0X000
SUSANA TORRUELLA LEVAL
ELECTIVE TRUSTEE2.0X000
JOYCE FRANK MENSCHEL
ELECTIVE TRUSTEE1.0X000
BIJAN MOSSAVAR-RAHMANI
ELECTIVE TRUSTEE1.0X000
JEFFREY M PEEK
ELECTIVE TRUSTEE1.0X000
CYNTHIA HAZEN POLSKY
ELECTIVE TRUSTEE2.0X000
BRUCE C RATNER
ELECTIVE TRUSTEE2.0X000
ANNETTE DE LA RENTA
ELECTIVE TRUSTEE & VICE CHAIR2.0X000X
FRANK E RICHARDSON
ELECTIVE TRUSTEE2.0X000
JAMES J ROSS
ELECTIVE TRUSTEE2.0X000
WILLIAM C RUDIN
ELECTIVE TRUSTEE1.0X000
BONNIE G SACERDOTE
ELECTIVE TRUSTEE2.0X000
ALEJANDRO SANTO DOMINGO
ELECTIVE TRUSTEE1.0X000
ANDREW M SAUL
ELECTIVE TRUSTEE1.0X000
HENRY B SCHACHT
ELECTIVE TRUSTEE & VICE CHAIR2.0X000X
JAMES E SHIPP
ELECTIVE TRUSTEE2.0X000
OSCAR L TANG
ELECTIVE TRUSTEE2.0X000
ANN G TENENBAUM
ELECTIVE TRUSTEE1.0X000
LULU C WANG
ELECTIVE TRUSTEE2.0X000
SHELBY WHITE
ELECTIVE TRUSTEE2.0X000
MALCOLM H WIENER
ELECTIVE TRUSTEE1.0X000
BARRIE A WIGMORE
ELECTIVE TRUSTEE1.0X000
MICHAEL R BLOOMBERG
EX-OFFICIO TRUSTEE1.0X000
ADRIAN BENEPE
EX-OFFICIO TRUSTEE1.0X000
KATE D LEVIN
EX-OFFICIO TRUSTEE1.0X000
JOHN LIU
EX-OFFICIO TRSTE FROM 11-11-091.0X000
WILLIAM C THOMPSON JR
EX-OFFICIO TRSTE TIL 11-10-091.0X000
CHRISTINE QUINN
EX-OFFICIO TRUSTEE1.0X000
THOMAS P CAMPBELL
DIRECTOR & CEO35.08008000128935X
EMILY K RAFFERTY
PRESIDENT35.0799561054445X
OLENA PASLAWSKY
SR VP, CFO & TREASURER35.0405330040448X
HAROLD HOLZER
SR VP FOR EXTERNAL AFFAIRS35.0396016049199X
SUZANNE BRENNER
CHIEF INVESTMENT OFFICER35.06473720473584X
J NICHOLAS CAMERON
VP CONSTRUCTION UNTIL 11-30-0935.01007344050986X
SHARON H COTT
SR VP, SEC & GEN COUNSEL35.0384134048550X
BRADLEY L KAUFFMAN
VP & GEN MGR MERCH & RETAIL35.0386612035544X
PHILIP T VENTURINO
VP FACILITIES MANAGEMENT35.0281372034546X
NINA MCN DIEFENBACH
VP DEVELOPMENT & MEMBERSHIP35.0336018049230X
DORALYNN PINES
ASSOC DIR ADMIN UNTIL 8-31-0935.02486070635191X
CARRIE R BARRATT
ASSOC DIR COL/ADM FROM 9-8-0935.0183901035986X
MAHRUKH TARAPOR
ASSOC DIR EXHIB. UNTIL 5-31-1035.06023600324026X
DEBRA A MCDOWELL
VP FOR HUMAN RESOURCES35.0260252040447X
ELYSE TOPALIAN
VP OF COMMUNICATIONS35.0238129042098X
JENNIFER RUSSELL
ASSOC DIR EXHIB. FROM 4-26-1035.0000X
TOM JAVITS
VP CONSTRUCTION FROM 5-17-1035.0000X
KEITH R CHRISTIANSEN
CHAIR- EUROPEAN PAINTINGS35.01054519046215X
JEFFREY DALY
SR DESIGN ADVISR UNTIL 6-30-0935.0726954043730X
LAUREN MESERVE
DEPUTY CHIEF INVSTMT OFFICER35.04631560381345X
J KEN MOORE
CURATOR- IN-CHG. MUSICAL INST.35.0615080032770X
LINDA M SYLLING
MNGR SPECIAL EXHIBITIONS35.0939567032904X
PHILIPPE DE MONTEBELLO
DIRECTOR & CEO UNTIL 12-31-080.0491082044072X
J KENT LYDECKER
ASSOC DIR EDU UNTIL 12-31-080.0578878025872X
FieldValueIRS element (for citing)
Total Reportable Comp From Org11847044TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation2650123TotalOtherCompensation
Number Individuals GT100 K237NumberIndividualsGT100K
Formers ListedtrueFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
RC DOLNER LLC
2 PENN PLAZA EAST 11TH FLOORNEWARKNJ07105CONSTRUCTION MANAGER7046234
KEVIN ROCHE JOHN DINKELOO AND ASSOC
20 DAVIS STREET PO BOX 6127HAMDENCT06517ARCHITECTS3557678
MASTERPIECE INTERNATIONAL
39 BROADWAYNEW YORKNY10006CUSTOMHOUSE BROKERS1601299
PRICEWATERHOUSECOOPERS LLP
PO BOX 7247-8001PHILADELPHIAPA191708001AUDIT/ACCOUNT SVC788632
COGNITIVE APPLICATIONS INC
641 LEXINGTON AVE 15TH FLNEW YORKNY10022CONSULTANT/WEBSITE764688
FieldValueIRS element (for citing)
Number Of Contractors GT100 K54NumberOfContractorsGT100K
Membership Dues23797084MembershipDues
Fundraising Events13840334FundraisingEvents
Government Grants22981291GovernmentGrants
All Other Contributions93353471AllOtherContributions
Noncash Contributions9909112NoncashContributions
Total Contributions153972180TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeUnrelated Business RevenueUnrelatedBusinessRevenue
EDUCATION PROGRAMS, CONCERTS & LECTURES532000121371811210016637015
PHOTO RENTALS & FILM FEES532000340786130536210250
FieldValueIRS element (for citing)
Total Program Service Revenue12477967TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column29308675TotalRevenueColumn
Exclusion$29,308,675ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column300TotalRevenueColumn
Exclusion$300ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities1062028991Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities1012712569Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities49316422Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column49316422TotalRevenueColumn
Exclusion$49,316,422ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events532194GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events13840334CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses2676698FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-2144504TotalRevenueColumn
Related Or Exempt Function Income-2144504RelatedOrExemptFunctionIncome

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Gross Sales Of Inventory80923793GrossSalesOfInventory
Cost Of Goods Sold46006720CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column34917073TotalRevenueColumn
Related Or Exempt Function Income28641920RelatedOrExemptFunctionIncome
Unrelated Business Revenue1606971UnrelatedBusinessRevenue
Exclusion$4,668,182ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeExclusionExclusionAmountUnrelated Business RevenueUnrelatedBusinessRevenue
INSURANCE PROCEEDS90009938800003880000
PARKING GARAGE8129302507058$2,507,058
CORPORATE EVENTS561499229052910303681260161

Miscellaneous Revenue MiscellaneousRevenue

FieldValueIRS element (for citing)
Total Revenue Column-7656649TotalRevenueColumn
Related Or Exempt Function Income146400RelatedOrExemptFunctionIncome
Unrelated Business Revenue-7803049UnrelatedBusinessRevenue
FieldValueIRS element (for citing)
Total Other Revenue1020938TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column278869051TotalRevenueColumn
Related Or Exempt Function Income43784886RelatedOrExemptFunctionIncome
Unrelated Business Revenue-4688652UnrelatedBusinessRevenue
Exclusion$85,800,637ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total1279731Total
Program Services1279731ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total182714Total
Program Services182714ProgramServices

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total5748618Total
Program Services4284510ProgramServices
Management And General1158749ManagementAndGeneral
Fundraising305359Fundraising

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total104615483Total
Program Services92874401ProgramServices
Management And General7476682ManagementAndGeneral
Fundraising4264400Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total15860878Total
Program Services13307350ProgramServices
Management And General2008440ManagementAndGeneral
Fundraising545088Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total23793479Total
Program Services21078605ProgramServices
Management And General2165250ManagementAndGeneral
Fundraising549624Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total8944068Total
Program Services7456838ProgramServices
Management And General1170389ManagementAndGeneral
Fundraising316841Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total0Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total758611Total
Program Services55310ProgramServices
Management And General703301ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total463093Total
Management And General463093ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total249958Total
Program Services249958ProgramServices

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total277770Total
Fundraising277770Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total10240519Total
Management And General10240519ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total7499430Total
Program Services4961037ProgramServices
Management And General2538393ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total2639776Total
Program Services2509944ProgramServices
Management And General36773ManagementAndGeneral
Fundraising93059Fundraising

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total26220779Total
Program Services23573788ProgramServices
Management And General1189603ManagementAndGeneral
Fundraising1457388Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total1012844Total
Program Services359947ProgramServices
Management And General648415ManagementAndGeneral
Fundraising4482Fundraising

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total5179072Total
Program Services5170401ProgramServices
Management And General8335ManagementAndGeneral
Fundraising336Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total1965621Total
Program Services1843235ProgramServices
Management And General83198ManagementAndGeneral
Fundraising39188Fundraising

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total142193Total
Program Services69669ProgramServices
Management And General67220ManagementAndGeneral
Fundraising5304Fundraising

Interest Interest

FieldValueIRS element (for citing)
Total4830279Total
Program Services4714651ProgramServices
Management And General115628ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total45484575Total
Program Services43672409ProgramServices
Management And General1702600ManagementAndGeneral
Fundraising109566Fundraising

Insurance Insurance

FieldValueIRS element (for citing)
Total3354462Total
Program Services2430068ProgramServices
Management And General924294ManagementAndGeneral
Fundraising100Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
PURCHASES OF ART3213852432138524
REPAIRS & MAINTENANCE413777140794644517413133
CATERING SERVICES18232081366446209780246982
BANK AND CREDIT CARD SERVICES19162251532994227220156011
RESTAURANTS OPERATING EXPS14951221495122

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total5305911Total
Program Services4690540ProgramServices
Management And General344336ManagementAndGeneral
Fundraising271035Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total317560714Total
Program Services275377656ProgramServices
Management And General33527392ManagementAndGeneral
Fundraising8655666Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY1919296BOY
EOY2799515EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY119900800BOY
EOY97440999EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY9560568BOY
EOY13763397EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY12165618BOY
EOY12421557EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY8679994BOY
EOY5702272EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis947671681LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec518558121LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY411397512BOY
EOY429113560EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY1623454957BOY
EOY1592186557EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY641439985BOY
EOY770217641EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY46683445BOY
EOY49088951EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY2875202175BOY
EOY2972734449EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY190949567BOY
EOY185227718EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY3989378BOY
EOY6197529EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY177270733BOY
EOY181272211EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY65050000BOY
EOY46600000EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY13670964BOY
EOY13328426EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY450930642BOY
EOY432625884EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY902614793BOY
EOY966210254EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY722371737BOY
EOY767268138EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY799285003BOY
EOY806630173EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY2424271533BOY
EOY2540108565EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY2875202175BOY
EOY2972734449EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredtrueFederalGrantAuditRequired
Federal Grant Audit PerformedtrueFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years171991616CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years200338245CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years202625071CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year159035838CurrentTaxYearMinus1Year
Current Tax Year153972180CurrentTaxYear
Total887962950Total

Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years11886124CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years12535665CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years12709208CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year13990612CurrentTaxYearMinus1Year
Current Tax Year12715597CurrentTaxYear
Total63837206Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years183877740CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years212873910CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years215334279CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year173026450CurrentTaxYearMinus1Year
Current Tax Year166687777CurrentTaxYear
Total951800156Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total10580458AmountsSubstContributorsTotal
Public Support Total170941219698PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years55598053CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years60317811CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years45044372CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year29463640CurrentTaxYearMinus1Year
Current Tax Year29308975CurrentTaxYear
Total219732851Total

Net UBI NetUBI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years19981476CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1204211CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years7847634CurrentTaxYearMinus2Years
Total29033321Total
FieldValueIRS element (for citing)
Total Support1200566328TotalSupport
Gross Receipts From Admissions Etc564192208GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.78398PublicSupportPertcentage170
Public Support Pertcent Prior Year0.77000PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbying

FieldValueIRS element (for citing)
Filing Organizations Totals15676FilingOrganizationsTotals

Total Direct Lobbying TotalDirectLobbying

FieldValueIRS element (for citing)
Filing Organizations Totals234282FilingOrganizationsTotals

Total Lobbying Expenditures TotalLobbyingExpenditures

FieldValueIRS element (for citing)
Filing Organizations Totals249958FilingOrganizationsTotals

Other Exempt Purpose Expenditures OtherExemptPurposeExpenditures

FieldValueIRS element (for citing)
Filing Organizations Totals308655090FilingOrganizationsTotals

Total Exempt Purpose Expenditures TotalExemptPurposeExpenditures

FieldValueIRS element (for citing)
Filing Organizations Totals308905048FilingOrganizationsTotals

Lobbying Nontaxable LobbyingNontaxableAmount

FieldValueIRS element (for citing)
Filing Organizations Totals1000000FilingOrganizationsTotals

Grassroots Nontaxable GrassrootsNontaxableAmount

FieldValueIRS element (for citing)
Filing Organizations Totals250000FilingOrganizationsTotals
FieldValueIRS element (for citing)
Tot Lobbying Grassroot Minus Non TxTotLobbyingGrassrootMinusNonTx
Tot Lobby Expend Mns Lobbying NontxTotLobbyExpendMnsLobbyingNontx

Lobbying Nontaxable Amount2 LobbyingNontaxableAmount2

FieldValueIRS element (for citing)
Current Year Minus31000000CurrentYearMinus3
Current Year Minus21000000CurrentYearMinus2
Current Year Minus11000000CurrentYearMinus1
Current Year1000000CurrentYear
Total4000000Total
FieldValueIRS element (for citing)
Lobbying Ceiling$6,000,000LobbyingCeilingAmount

Total Lobbying Expenditures2 TotalLobbyingExpenditures2

FieldValueIRS element (for citing)
Current Year Minus3219685CurrentYearMinus3
Current Year Minus2155503CurrentYearMinus2
Current Year Minus1288833CurrentYearMinus1
Current Year249958CurrentYear
Total913979Total

Grassroots Nontaxable Amount2 GrassrootsNontaxableAmount2

FieldValueIRS element (for citing)
Current Year Minus3250000CurrentYearMinus3
Current Year Minus2250000CurrentYearMinus2
Current Year Minus1250000CurrentYearMinus1
Current Year250000CurrentYear
Total1000000Total
FieldValueIRS element (for citing)
Grassroots Ceiling$1,500,000GrassrootsCeilingAmount

Grassroots Lobbying Expenditures GrassrootsLobbyingExpenditures

FieldValueIRS element (for citing)
Current Year Minus311469CurrentYearMinus3
Current Year Minus213877CurrentYearMinus2
Current Year Minus115129CurrentYearMinus1
Current Year15676CurrentYear
Total56151Total

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmtsArtPublicExhibitionAmts
Held Works Of Art AmtsHeldWorksOfArtAmts
Collect Used For Public ExhibitionXCollectUsedForPublicExhibition
Collect Used For Scholar ResearchXCollectUsedForScholarResearch
Collect Used For PreservationXCollectUsedForPreservation
Collect Used For Loan Or Exch PrgrmsXCollectUsedForLoanOrExchPrgrms
Solicited Assets For SalefalseSolicitedAssetsForSale

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance1864302530BeginningOfYearBalance
Contributions4741195Contributions
Investment Earnings Or Losses266031489InvestmentEarningsOrLosses
Other Expenditures25305244OtherExpenditures
Administrative Expenses115513812AdministrativeExpenses
End Of Year Balance1994256158EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance2509518961BeginningOfYearBalance
Contributions18572729Contributions
Investment Earnings Or Losses-539073909InvestmentEarningsOrLosses
Other Expenditures14017174OtherExpenditures
Administrative Expenses110698077AdministrativeExpenses
End Of Year Balance1864302530EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.47000BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.40000PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.13000TermEndowmentEOYBalance
Endowments Held By Unrelated OrgsfalseEndowmentsHeldByUnrelatedOrgs
Endowments Held By Related OrgsfalseEndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis1015000OtherCostOrOtherBasis
Book Value1015000BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis36302513OtherCostOrOtherBasis
Depreciation17181781Depreciation
Book Value19120732BookValue

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis839969520OtherCostOrOtherBasis
Depreciation443658142Depreciation
Book Value396311378BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis70384648OtherCostOrOtherBasis
Depreciation57718198Depreciation
Book Value12666450BookValue
FieldValueIRS element (for citing)
Other Land BuildingsOtherLandBuildings
Total Of Book Value Land Buildings429113560TotalOfBookValueLandBuildings
Financial DerivativesFinancialDerivatives
Closely Held Equity InterestsCloselyHeldEquityInterests

Other Securities OtherSecurities (2 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
PRIVATE EQUITY546967068F
REAL ASSETS223250573F
FieldValueIRS element (for citing)
Total Of Book Value Securities770217641TotalOfBookValueSecurities
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionANNUITY & SPLIT-INT OBLIGS.Description
Amount$13,328,426Amount
FieldValueIRS element (for citing)
Total Of Amounts13328426TotalOfAmounts
Total Revenue278869051TotalRevenue
Total Expenses317560714TotalExpenses
Excess Or Deficit For Year-38691663ExcessOrDeficitForYear
Net Unrealized GL On Investments197952158NetUnrealizedGLOnInvestments
Other-$43,423,463OtherAmount
Total Adjustments154528695TotalAdjustments
Excess Or Deficit Per FS115837032ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt374253977TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments197952158NetUnrealizedGainsInvestments
Other Revenues-89164167OtherRevenues
Revenue Not Rptd F990108787991RevenueNotRptdF990
Revenue Subtotal265465986RevenueSubtotal
Other Revenues Not Included13403065OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt13403065RevenueNotRptdOnFinStmt
Total Revenue Per Form990278869051TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt289209713TotExpensesEtcAuditedFinclStmt
Other Expenses Included61566617OtherExpensesIncluded
Expenses Not Rptd F99061566617ExpensesNotRptdF990
Expenses Subtotal227643096ExpensesSubtotal
Other Expenses Not Included89917618OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt89917618ExpensesNotRptdOnFinStmt
Total Expenses Per Form990317560714TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
SCHEDULE D, PART III, LINE 1ASFAS 116 FOOTNOTEIN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTIONS HAS BEEN EXCLUDED FROM THE BALANCE SHEET, AND GIFTS OF ART OBJECTS ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PURCHASES OF ART OBJECTS BY THE MUSEUM ARE RECORDED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. PURSUANT TO STATE LAW AND MUSEUM POLICY, PROCEEDS FROM THE SALE OF ART AND RELATED INSURANCE SETTLEMENTS ARE RECORDED AS TEMPORARILY RESTRICTED NET ASSETS FOR THE ACQUISITION OF ART.
SCHEDULE D, PART III, LINE 4DESCRIPTION OF ORGANIZATION'S COLLECTIONS & FURTHERANCE OF EXEMPT PURPOSETHE MUSEUM'S COLLECTIONS COMPRISE MORE THAN TWO MILLION WORKS OF ART FROM ANCIENT MEDIEVAL, AND MODERN TIMES AND FROM ALL AREAS OF THE WORLD. THEY OFFER A SURVEY OF CONSIDERABLE BREADTH OF ART FROM THE ANCIENT CIVILIZATIONS OF ASIA, AFRICA, SOUTH AMERICA, THE PACIFIC ISLANDS, EGYPT, THE NEAR EAST, AND GREECE AND ROME TO THE PRESENT TIME. THE MUSEUM'S COLLECTIONS INCLUDE EUROPEAN PAINTINGS, MEDIEVAL ART AND ARCHITECTURE, ARMS AND ARMOR, PRINTS, PHOTOGRAPHS, DRAWINGS, COSTUMES, MUSICAL INSTRUMENTS, SCULPTURE, TEXTILES, AND DECORATIVE ARTS FROM THE RENAISSANCE TO THE PRESENT TIME, AS WELL AS ONE OF THE FOREMOST COLLECTIONS OF AMERICAN ART IN THE WORLD. THE MUSEUM ALSO MAINTAINS SOME OF THE MOST COMPREHENSIVE ART AND ARCHITECTURE LIBRARIES IN THE UNITED STATES. THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN.
SCHEDULE D, PART V, LINE 4INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDSTHE MUSEUM'S ENDOWMENT FUNDS ARE INTENDED TO SUPPORT EDUCATIONAL PROGRAMS, SCHOLARLY RESEARCH AND PUBLICATIONS, ACQUISITIONS OF WORKS OF ART, CONSERVATION OF WORKS OF ART, SPECIAL EXHIBITIONS OF INTEREST TO THE PUBLIC, MAINTENANCE AND EXPANSION OF GALLERIES, AND GENERAL OPERATING SUPPORT FOR MUSEUM EXPENSES.
SCHEDULE D, PART XI, LINE 8OTHER RECONCILING ITEMSCHANGE IN THE FAIR VALUE OF INTEREST RATE AGREEMENTS AND EFFECT OF INTEREST RATE SWAPS (6,186,478); RECLASSIFICATION, FEES AND OTHER (8,044,938); CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT 1,973,946; PENSION RELATED CHANGES OTHER THAN NPPC (34,271,084); ADDITIONAL RETIREMENT CONTRIBUTION (4,697,973); PARTNERSHIP UBI 7,803,049; ROUNDING 15.
SCHEDULE D, PART XII, LINE 1AUDITED FINANCIAL STATEMENTS INCLUDE $294,107,540 FROM OPERATING ACTIVITIES AND $80,146,437 FROM NON-OPERATING ACTIVITIES FOR REVENUE, GAINS AND OTHER SUPPORT.
SCHEDULE D, PART XII, LINE 2D AND 4BRECONCILING ITEMS FOR REVENUEAMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART VIII, LINE 12: LINE 2D, OTHER. COST OF SALES 46,006,720; INVESTMENT RETURN LESS THAN CURRENT SUPPORT OPERATING AND NON-OPERATING (150,730,784); UTILITIES PROVIDED BY THE CITY OF NEW YORK 12,715,597; FUNDRAISING SPECIAL EVENTS 2,676,698, ADVERTISING GIFT-IN-KIND 167,602. AMOUNTS INCLUDED ON FORM 990, PART VIII, LINE 12, BUT NOT LINE 1: LINE 4B, OTHER. PROCEEDS FROM SALES OF ART 146,400; CORPORATE EVENTS EXPENSE 907,260; INVESTMENT MANAGEMENT FEES 10,240,519; INSURANCE PROCEEDS 3,880,000; TRANSFER OF UNDESIGNATED NON-OPERATING FUNDS 6,031,936; PARTNERSHIP UBI (7,803,049) ROUNDING (1)
SCHEDULE D, PART XIII, LINE 2D AND 4BRECONCILING ITEMS FOR EXPENSESAMOUNTS INCLUDED ON LINE 1 BUT NOT ON FORM 990, PART IX, LINE 25: LINE 2D, OTHER. COST OF SALES 46,006,720; SPECIAL EVENTS DIRECT EXPENSES OTHER THAN FUNDRAISING 2,676,698; UTILITIES PROVIDED BY THE CITY OF NEW YORK 12,715,597; ADVERTISING GIFT-IN-KIND 167,602. AMOUNTS INCLUDED ON FORM 990, PART IX, LINE 25, BUT NOT LINE 1: LINE 4B, OTHER. NON-OPERATING DEPRECIATION AND MISCELLANEOUS NON-CAPITALIZED EXPENDITURES 42,180,089; PURCHASES OF ART 32,138,524; INVESTMENT MANAGEMENT FEES 10,240,519; CORPORATE EVENTS EXPENSE 907,260; EFFECT OF INTEREST RATE SWAP 4,451,226.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedtrueGrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (7 entries)

RegionRegionNumber Of OfficesNumberOfOfficesNumber Of EmployeesNumberOfEmployeesType Of Activities ConductedTypeOfActivitiesConductedSpecific Services ProvidedSpecificServicesProvidedTotal ExpendituresTotalExpenditures
Europe (Including Iceland and Greenland)00GrantmakingT. ROUSSEAU FELLOWSHIP172036
Russia and the Newly Independent States00GrantmakingT. ROUSSEAU FELLOWSHIP1186
South Asia00GrantmakingT. ROUSSEAU FELLOWSHIP7119
Middle East and North Africa00GrantmakingT. ROUSSEAU FELLOWSHIP2373
Central America and the CaribbeanInvestments
Europe (Including Iceland and Greenland)Investments
North AmericaInvestments
FieldValueIRS element (for citing)
Total Number Of Offices0TotalNumberOfOffices
Total Number Of Employees0TotalNumberOfEmployees
Total Amount Spent182714TotalAmountSpent

Grants To Ind Outside US GrantsToIndOutsideUS (4 entries)

Type Of AssistanceTypeOfAssistanceRegionRegionNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrantManner Of Cash DisbursementMannerOfCashDisbursementAmount Of Non Cash AssistanceAmountOfNonCashAssistanceDescription Of Non Cash AssistanceDescriptionOfNonCashAssistanceMethod Of ValuationMethodOfValuation
THEODORE ROUSSEAU FELLOWSHIPEurope/Iceland/Greenland7172036CHECK0N/AN/A
THEODORE ROUSSEAU FELLOWSHIPRussia11186check0n/an/a
THEODORE ROUSSEAU FELLOWSHIPSouth Asia17119check0n/an/a
THEODORE ROUSSEAU FELLOWSHIPMiddle East/North Africa12373check0n/an/a

Form990 Schedule F Part IV Form990ScheduleFPartIV (3 entries)

IdentifierIdentifierExplanationExplanation
SCHEDULE F, PART I, LINE 2THE MUSEUM AWARDS VARIOUS GRANTS, EDUCATIONAL TRAVEL STIPENDS AND FELLOWSHIPS ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. A GRANTS COMMITTEE, COMPRISED OF MUSEUM CURATORS, CONSERVATORS, EDUCATORS, SCIENTISTS AND LIBRARIANS, MAKES SELECTIONS BASED UPON COMPETITIVE WRITTEN APPLICATIONS. THE PURPOSE OF THE GRANTS IS TO PROVIDE AN OPPORTUNITY FOR THE GRANTEES TO CONDUCT RESEARCH, EXTEND THEIR PROFESSIONAL KNOWLEDGE AND CONTRIBUTE TO THEIR RESPECTIVE FIELDS AT LARGE. TO THE BEST OF THE MUSEUM'S KNOWLEDGE, NONE OF THE RECIPIENTS OF THE GRANTS OR FELLOWSHIPS ARE RELATED TO ANY PERSON SUCH AS A TRUSTEE, AN OFFICER, OR A KEY EMPLOYEE OF THE MUSEUM. EVERY GRANTEE IS ASSIGNED A SPECIFIC SUPERVISOR AT THE START OF THEIR FELLOWSHIP PERIOD. THE SUPERVISOR IS EITHER A CURATOR, CONSERVATOR OR SCIENTIST FROM THE DEPARTMENT HOSTING THE INDIVIDUAL SCHOLAR. THE SCHOLAR AND SUPERVISOR ARE IN CONTACT THROUGHOUT THE YEAR AND DISCUSS ALL OF THE DETAILS OF THE GRANTEE'S RESEARCH WORK. IN ADDITION, THE ACADEMIC PROGRAMS OFFICE WHICH IS RESPONSIBLE FOR ALL OF THE FELLOWS REQUIRES PERIODIC UPDATES ON THE INDIVIDUALS' RESEARCH.
SCHEDULE F, PART I, LINE 3IN ACCORDANCE WITH THE INTERNAL REVENUE SERVICE FREQUENTLY ASKED QUESTIONS ON REPORTING FOREIGN INVESTMENT ACTIVITY, THE ORGANIZATION IS NOT REPORTING EXPENDITURES ASSOCIATED WITH ITS FOREIGN INVESTMENTS.
SCHEDULE F, PART IIIThere were seven international fellows in total. One of the international fellows travelled to each of the regions listed on Part III.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsXMailSolicitations
Email SolicitationsXEmailSolicitations
Phone SolicitationsXPhoneSolicitations
In Person SolicitationsXInPersonSolicitations
Solicitation Of Non Govt GrantsXSolicitationOfNonGovtGrants
Solicitation Of Govt GrantsXSolicitationOfGovtGrants
Special Fundraising EventsXSpecialFundraisingEvents
Agreement Ref FundraisingtrueAgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation

FieldValueIRS element (for citing)
Name Of IndividualDONOR SERVICES GROUPNameOfIndividual
ActivityTELE- MARKETINGActivity
Fundraiser Control Of FundsfalseFundraiserControlOfFunds
Gross Receipts536252GrossReceipts
Amount Retained By Contractor277770AmountRetainedByContractor
Net To Organization258482NetToOrganization
FieldValueIRS element (for citing)
Total Gross Receipts536252TotalGrossReceipts
Total Retained By Contractors277770TotalRetainedByContractors
Total Net To Organization258482TotalNetToOrganization
Licensed StatesALLicensedStates
Licensed StatesAKLicensedStates
Licensed StatesAZLicensedStates
Licensed StatesARLicensedStates
Licensed StatesCALicensedStates
Licensed StatesCOLicensedStates
Licensed StatesCTLicensedStates
Licensed StatesFLLicensedStates
Licensed StatesGALicensedStates
Licensed StatesHILicensedStates
Licensed StatesILLicensedStates
Licensed StatesKSLicensedStates
Licensed StatesKYLicensedStates
Licensed StatesLALicensedStates
Licensed StatesMELicensedStates
Licensed StatesMDLicensedStates
Licensed StatesMALicensedStates
Licensed StatesMILicensedStates
Licensed StatesMNLicensedStates
Licensed StatesMSLicensedStates
Licensed StatesNHLicensedStates
Licensed StatesNJLicensedStates
Licensed StatesNMLicensedStates
Licensed StatesNYLicensedStates
Licensed StatesNCLicensedStates
Licensed StatesNDLicensedStates
Licensed StatesOHLicensedStates
Licensed StatesOKLicensedStates
Licensed StatesORLicensedStates
Licensed StatesPALicensedStates
Licensed StatesRILicensedStates
Licensed StatesSCLicensedStates
Licensed StatesTNLicensedStates
Licensed StatesUTLicensedStates
Licensed StatesVALicensedStates
Licensed StatesWALicensedStates
Licensed StatesWVLicensedStates
Licensed StatesWILicensedStates

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event1COSTUME INST.NameOfEvent1
Gross Receipts Event18774826GrossReceiptsEvent1
Charitable Contributions Event18627576CharitableContributionsEvent1
Gross Revenue Event1147250GrossRevenueEvent1
Other Direct Expenses Event11558022OtherDirectExpensesEvent1
Name Of Event2CORP. BENEFITNameOfEvent2
Gross Receipts Event21827823GrossReceiptsEvent2
Charitable Contributions Event21724923CharitableContributionsEvent2
Gross Revenue Event2102900GrossRevenueEvent2
Other Direct Expenses Event2233648OtherDirectExpensesEvent2
Total Number Of Other Events5TotalNumberOfOtherEvents
Gross Receipts Other Events3769879GrossReceiptsOtherEvents
Charitable Contrib Other Events3487835CharitableContribOtherEvents
Gross Revenue Other Events282044GrossRevenueOtherEvents
Other Direct Expenses Other Events885028OtherDirectExpensesOtherEvents
Gross Receipts Total14372528GrossReceiptsTotal
Charitable Contributions Total13840334CharitableContributionsTotal
Gross Revenue Total Events532194GrossRevenueTotalEvents
Other Direct Expenses Total Events2676698OtherDirectExpensesTotalEvents
Direct Expense Summary Events2676698DirectExpenseSummaryEvents
Net Income Summary-2144504NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records MaintainedtrueRecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII (16 entries)

Type Of GrantTypeOfGrantNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrant
THE BOTHMER FELLOWSHIP236361
SYLVAN C. AND PAMELA COLEMAN FELLOWSHIP12161232
CHESTER DALE FELLOWSHIP9187655
ANNETTE DE LA RENTA FELLOWSHIP329268
THE DOUGLASS FOUNDATION FELLOWSHIP IN AMERICAN ART260000
SHERMAN FAIRCHILD FOUNDATION FELLOWSHIP486686
ANDREW W. MELLON ART HISTORY FELLOWSHIP12231679
ANDREW W. MELLON CONSERVATION FELLOWSHIP7200561
ANDREW W MELLON RESEARCH SCHOLARSHIP IN PHOTOGRAPH145494
J. CLAWSON MILLS FELLOWSHIP350000
HEGOP KEVORKIAN FELLOWSHIP120000
HANNS AND BRIGITTE HORNEY SWARZENSKI FELLOWSHIP15000
THEODORE ROUSSEAU FELLOWSHIP16525
JANE AND MORGAN WHITNEY FELLOWSHIP7102333
SLIFKA FOUNDATION FELLOWSHIP136104
SAMUEL H. KRESS FDN. INTERPRETIVE FELLOWSHIP120833

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierSCHEDULE I, PART I, LINE 2Identifier
ExplanationTHE MUSEUM AWARDS VARIOUS GRANTS, EDUCATIONAL TRAVEL STIPENDS AND FELLOWSHIPS ON AN OBJECTIVE AND NONDISCRIMINATORY BASIS. A GRANTS COMMITTEE, COMPRISED OF MUSEUM CURATORS, CONSERVATORS, EDUCATORS, SCIENTISTS AND LIBRARIANS, MAKES SELECTIONS BASED UPON COMPETITIVE WRITTEN APPLICATIONS. THE PURPOSE OF THE GRANTS IS TO PROVIDE AN OPPORTUNITY FOR THE GRANTEES TO CONDUCT RESEARCH, EXTEND THEIR PROFESSIONAL KNOWLEDGE AND CONTRIBUTE TO THEIR RESPECTIVE FIELDS AT LARGE. RECIPIENTS OF THE EDUCATIONAL TRAVEL STIPENDS ARE EMPLOYEES OF THE MUSEUM. TO THE BEST OF THE MUSEUM'S KNOWLEDGE, NONE OF THE OTHER RECIPIENTS OF THE GRANTS OR FELLOWSHIPS ARE RELATED TO ANY PERSON SUCH AS A TRUSTEE, AN OFFICER, OR A KEY EMPLOYEE OF THE MUSEUM. EVERY GRANTEE IS ASSIGNED A SPECIFIC SUPERVISOR AT THE START OF THEIR FELLOWSHIP PERIOD. THE SUPERVISOR IS EITHER A CURATOR, CONSERVATOR OR SCIENTIST FROM THE DEPARTMENT HOSTING THE INDIVIDUAL SCHOLAR. THE SCHOLAR AND SUPERVISOR ARE IN CONTACT THROUGHOUT THE YEAR AND DISCUSS ALL OF THE DETAILS OF THE GRANTEE'S RESEARCH WORK. IN ADDITION, THE ACADEMIC PROGRAMS OFFICE WHICH IS RESPONSIBLE FOR ALL OF THE FELLOWS REQUIRES PERIODIC UPDATES ON THE INDIVIDUALS' RESEARCH.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Idemnification Gross Up PaymentsXIdemnificationGrossUpPayments
Housing Allowance Or ResidenceXHousingAllowanceOrResidence
Written Policy Re T And E ExpensestrueWrittenPolicyReTAndEExpenses
Substantiation RequiredtrueSubstantiationRequired
Compensation CommitteeXCompensationCommittee
Independent ConsultantXIndependentConsultant
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance PaymenttrueSeverancePayment
Supplemental Nonqual Retire PlantrueSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgtrueCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentsfalseAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (22 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
THOMAS P CAMPBELL
6406970001601030001289350929735000
EMILY K RAFFERTY
6170370001825240575604868908540060625000
OLENA PASLAWSKY
4030080002322000404480445778000
HAROLD HOLZER
35105200044964000491990445215000
SUZANNE BRENNER
425422020230801964204243850491990112095601484010
J NICHOLAS CAMERON
2476810007596630234004864601058330000
SHARON H COTT
34882400035310000485500432684000
BRADLEY L KAUFFMAN
3841700002442000355440422156000
PHILIP T VENTURINO
24223100039141000345460315918000
NINA MCN DIEFENBACH
28872100047297000492300385248000
DORALYNN PINES
1703580007824905863770488140883798000
CARRIE R BARRATT
16110300022798000359860219887000
MAHRUKH TARAPOR
35580600024655402806990433270926386000
DEBRA A MCDOWELL
24062800019624000404470300699000
ELYSE TOPALIAN
20203700036092000420980280227000
PHILIPPE DE MONTEBELLO
20000000471082000440720535154000
J KENT LYDECKER
6519000572359000258720604750000
KEITH R CHRISTIANSEN
2241220008303970004621501100734000
JEFFREY DALY
113194000613760000437300770684000
LAUREN MESERVE
315339014733104860341294040051084450101078000
J KEN MOORE
146074000469006000327700647850000
LINDA M SYLLING
197888000741679000329040972471000

Form990 Schedule J Part III Form990ScheduleJPartIII (6 entries)

IdentifierIdentifierExplanationExplanation
SCHEDULE J, PART I, LINE 1ATAX INDEMNIFICATION - THE ASSOCIATE DIRECTOR FOR EXHIBITIONS/DIRECTOR OF INTERNATIONAL AFFAIRS, GENEVA OFFICE, MAHRUKH TARAPOR, RECEIVED TAX INDEMNIFICATION AND GROSS-UP PAYMENTS RELATED TO CERTAIN EXPENSES REIMBURSED BY THE MUSEUM. THIS GROSS-UP WAS REVIEWED BY AN OUTSIDE COMPENSATION CONSULTANT AND MADE PURSUANT TO WRITTEN APPROVAL BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. PERSONAL HOUSING - FOR CALENDAR YEAR 2009, THE MUSEUM PROVIDED A HOUSING ALLOWANCE TO THE PRESIDENT, EMILY RAFFERTY. THIS ALLOWANCE WAS TREATED AS TAXABLE COMPENSATION. COMMENCING IN SEPTEMBER 2009, THE MUSEUM PROVIDED THE DIRECTOR, THOMAS P. CAMPBELL, WITH A RESIDENCE THAT HE WAS REQUIRED TO LIVE IN AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF THE MUSEUM.
SCHEDULE J, PART I, LINE 4ATHE FOLLOWING PERSONS RECEIVED SEPARATION PAY BASED ON THEIR YEARS OF SERVICE WITH THE MUSEUM IN CALENDAR 2009: J. N. CAMERON - $598,400; JEFFREY DALY - $501,577; J. KENT LYDECKER - $428,041. THE FOLLOWING PERSONS RECEIVED SEPARATION PAY BASED ON THEIR YEARS OF SERVICE WITH THE MUSEUM IN CALENDAR 2010: DORALYNN PINES - $586,377; MAHRUKH K. TARAPOR - $280,699.
SCHEDULE J, PART I, LINE 4BTHE FOLLOWING PERSONS PARTICIPATED IN OR RECEIVED PAYMENTS FROM A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: THOMAS P CAMPBELL - $11,200; HAROLD HOLZER - $41,400; SUZANNE BRENNER - $18,400; SHARON H COTT - $34,500; PHILIP T VENTURINO - $34,500; NINA MCN DIEFENBACH - $46,000; DEBRA A MCDOWELL - $18,400; ELYSE TOPALIAN - $35,100; CARRIE R BARRATT - $21,210; THE FOLLOWING PERSONS VESTED AND RECEIVED PAYMENT FROM A NON-QUALIFIED RETIREMENT PLAN ESTABLISHED IN 1989 FOR STAFF WHO COMPLETED TEN YEARS OF SERVICE AS OF JUNE 30, 1987: KEITH R CHRISTIANSEN - $827,217; LINDA M SYLLING - $738,915; J KEN MOORE - $466,750
SCHEDULE J, PART I, LINE 5APURSUANT TO THE MUSEUMS INCENTIVE COMPENSATION PLAN FOR INVESTMENT PURSUANT TO THE MUSEUM'S INCENTIVE COMPENSATION PLAN FOR INVESTMENT STAFF, MS. BRENNER RECEIVED A BONUS PAYMENT OF $202,308 WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN B. MS. MESERVE ALSO RECEIVED A BONUS PAYMENT OF $147,331 WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN B.
SCHEDULES J-1 AND J-2DURING CALENDAR YEAR 2009, CARRIE R. BARRATT SERVED AS CURATOR FROM JANUARY 1 THROUGH SEPTEMBER 7, 2009 AND ASSOCIATE DIRECTOR FOR COLLECTIONS AND ADMINISTRATION AS OF SEPTEMBER 8, 2009.
SCHEDULE J-1THOMAS P. CAMPBELL AND EMILY K. RAFFERTY ARE EX-OFFICIO TRUSTEES.

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)

Issuer EINIssuerEINCUSIP NumberCUSIPNumberDate IssuedDateIssuedIssue PriceIssuePriceDescription Of PurposeDescriptionOfPurposeDefeasedDefeasedOn Behalf Of IssuerOnBehalfOfIssuer
TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY
911882413649717NP62006-12-0165000000PARTIAL FUNDING OF CAPITAL PROfalsefalse
TRUST FOR CULTURAL RESOURCES OF THE CITY OF NY
911882413649717NQ42006-12-0165000000PARTIAL FUNDING OF CAPITAL PROfalsefalse

Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)

Total ProceedsTotalProceedsIssuance Costs From ProceedsIssuanceCostsFromProceedsCapital ExpendituresCapitalExpendituresYear Of Subst CompletionYearOfSubstCompletionCurrent RefundingCurrentRefundingAdvance RefundingAdvanceRefundingFinal Allocation MadeFinalAllocationMadeAdequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
65000000795690642043102008falsefalsetruetrue
65000000795690643043102008falsefalsetruetrue

Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)

Owning Bond Financed PropertyOwningBondFinancedPropertyAny Lease ArrangementsAnyLeaseArrangementsMngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprtyAny Research AgreementsAnyResearchAgreementsBond Counsel Routinely EngagedBondCounselRoutinelyEngagedPrcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthersPercentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBITotal Private Business UseTotalPrivateBusinessUsePost Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
falsefalsetruefalsetrue0.000000.000000.00000true
falsefalsetruefalsetrue0.000000.000000.00000true

Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)

Form8038 T FiledForm8038TFiledVariable Rate IssueVariableRateIssueHedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecdsGross Proceeds Invested In GICGrossProceedsInvestedInGICBusiness Name Line1NameOfGICProvider/BusinessNameLine1Gross Proceeds InvestedGrossProceedsInvestedException To RebateExceptionToRebate
NA
falsetruefalsefalseNAfalsetrue
NA
falsetruefalsefalseNAfalsetrue

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

FieldValueIRS element (for citing)
Name PersonCHILTON INVESTMENT COMPANY INCNamePerson
FieldValueIRS element (for citing)
RelationshipSEE SCHEDULE O.Relationship
Amount Of Transaction1138035AmountOfTransaction
Description Of TransactionMANAGEMENT FEEDescriptionOfTransaction
Sharing Of RevenuesfalseSharingOfRevenues

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions96NumberOfContributions
Noncash Contribs Rptd F9900NoncashContribsRptdF990
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasures

Art Fractional Interest ArtFractionalInterest

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions2NumberOfContributions
Noncash Contribs Rptd F9900NoncashContribsRptdF990

Books And Publications BooksAndPublications

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Noncash Contribs Rptd F9900NoncashContribsRptdF990
FieldValueIRS element (for citing)
Clothing And Household GoodsClothingAndHouseholdGoods
Cars And Other VehiclesCarsAndOtherVehicles
Boats And PlanesBoatsAndPlanes
Intellectual PropertyIntellectualProperty

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions135NumberOfContributions
Noncash Contribs Rptd F9908886420NoncashContribsRptdF990
Method Of Determining RevenuesMKT VALUE- GIFT DATEMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStock
Securities Prtnrshp Trust IntrstsSecuritiesPrtnrshpTrustIntrsts
Securities MiscellaneousSecuritiesMiscellaneous
Qualified Contrib Hist StructQualifiedContribHistStruct
Qualified Contrib OtherQualifiedContribOther
Real Estate ResidentialRealEstateResidential
Real Estate CommercialRealEstateCommercial
Real Estate OtherRealEstateOther
CollectiblesCollectibles
Food InventoryFoodInventory
Drugs And Medical SuppliesDrugsAndMedicalSupplies
TaxidermyTaxidermy
Historical ArtifactsHistoricalArtifacts
Scientific SpecimensScientificSpecimens
Archaeological ArtifactsArchaeologicalArtifacts

Other Non Cash Contributions Table OtherNonCashContributionsTable

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
DescriptionINDEMNITYDescription
Number Of Contributions1NumberOfContributions
Noncash Contribs Rptd F9901022692NoncashContribsRptdF990
Method Of Determining RevenuesBOOK VALUEMethodOfDeterminingRevenues
FieldValueIRS element (for citing)
Number Of8283 Received61NumberOf8283Received
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeld
Review Process Unusual NC GiftstrueReviewProcessUnusualNCGifts
Third Parties UsedtrueThirdPartiesUsed

Form990 Schedule M Part II Form990ScheduleMPartII

FieldValueIRS element (for citing)
IdentifierSCHEDULE M, PART IIIdentifier
ExplanationLINE 32B: THE MUSEUM MAY, FROM TIME TO TIME, SELL ART WORKS ACQUIRED AS NON-CASH CONTRIBUTIONS THROUGH THIRD PARTIES SUCH AS PUBLIC AUCTION HOUSES, PRIVATE DEALERS, OR INDIVIDUALS. IN EACH CASE THE MUSEUM ENTERS INTO A CONTRACT OR AGREEMENT WITH THE THIRD PARTY CONDUCTING OR PARTICIPATING IN THE SALE AND ADHERES TO ITS OWN PUBLISHED POLICY REGARDING SUCH SALES AS WELL AS APPLICABLE IRS LAWS AND STANDARDS OF ACCOUNTING. IF STOCK IS DONATED, THE MUSEUM SELLS IT AS SOON AS POSSIBLE AND USES THE RELATED CASH AS REQUESTED BY THE DONOR. LINE 33: IN ACCORDANCE WITH FASB'S SFAS 116, THE MUSEUM DOES NOT TREAT DONATIONS SUCH AS WORKS OF ART AS REVENUE OR CAPITALIZE ITS COLLECTIONS BECAUSE THEY ARE USED TO SUPPORT ITS NON-PROFIT EDUCATIONAL MISSION, AND, SHOULD THE PROPERTY BE SOLD, PROCEEDS FROM THE SALE WOULD BE USED SOLELY TO ACQUIRE OTHER ITEMS FOR THE COLLECTION. THESE ACCOUNTING STANDARDS ARE ALSO ENDORSED BY THE AMERICAN ASSOCIATION OF MUSEUMS AND ASSOCIATION OF ART MUSEUM DIRECTORS, OF WHICH THE MUSEUM IS A MEMBER.Explanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (17 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
PART IIIMISSION AND PROGRAM SERVICE ACCOMPLISHMENTSTHE MISSION OF THE METROPOLITAN MUSEUM OF ART IS TO COLLECT, PRESERVE, STUDY, EXHIBIT, AND STIMULATE APPRECIATION FOR AND ADVANCE KNOWLEDGE OF WORKS OF ART THAT COLLECTIVELY REPRESENT THE BROADEST SPECTRUM OF HUMAN ACHIEVEMENT AT THE HIGHEST LEVEL OF QUALITY, ALL IN THE SERVICE OF THE PUBLIC AND IN ACCORDANCE WITH THE HIGHEST PROFESSIONAL STANDARDS. THE METROPOLITAN MUSEUM OF ART WAS FOUNDED ON APRIL 13, 1870 BY A GROUP OF CIVIC LEADERS, ART COLLECTORS, AND PHILANTHROPISTS. THE PREMISE ON WHICH THE MUSEUM WAS FOUNDED IS "FOR THE PURPOSE OF ESTABLISHING AND MAINTAINING IN NEW YORK CITY A MUSEUM AND LIBRARY OF ART, OF ENCOURAGING AND DEVELOPING THE STUDY OF THE FINE ARTS, AND THE APPLICATION OF ARTS TO MANUFACTURE AND PRACTICAL LIFE, OF ADVANCING THE GENERAL KNOWLEDGE OF KINDRED SUBJECTS, AND, TO THAT END, OF FURNISHING POPULAR INSTRUCTION." THE MUSEUM HAS SINCE BECOME THE PREEMINENT CULTURAL INSTITUTION IN THE WESTERN HEMISPHERE, SERVING A PUBLIC THAT EXTENDS FAR BEYOND NEW YORK CITY TO ALL THE UNITED STATES AND, INDEED, THE WORLD. IT RANKS AS NEW YORK'S PREMIER TOURIST ATTRACTION, WITH SIXTY-FOUR PERCENT OF ITS NEARLY 5.2 MILLION ANNUAL VISITORS FROM OUTSIDE THE TRI-STATE AREA. THE MUSEUM SERVES ALL AGE GROUPS, FROM PRE-SCHOOL CHILDREN TO SENIOR CITIZENS, AND MAINTAINS A BROAD RANGE OF EDUCATIONAL AND OUTREACH PROGRAMS.
PART III (CONTINUED)THE MUSEUM'S COLLECTIONS COMPRISE MORE THAN TWO MILLION WORKS OF ART FROM ANCIENT, MEDIEVAL, AND MODERN TIMES AND FROM ALL AREAS OF THE WORLD. THEY OFFER A SURVEY OF CONSIDERABLE BREADTH OF ART FROM ANCIENT CIVILIZATIONS OF ASIA, AFRICA, SOUTH AMERICA, THE PACIFIC ISLANDS, EGYPT, THE NEAR EAST, AND GREECE AND ROME, TO THE PRESENT TIME. THE MUSEUM ALSO POSSESSES COLLECTIONS OF EUROPEAN PAINTINGS, MEDIEVAL ART AND ARCHITECTURE, ARMS AND ARMOR, PRINTS, PHOTOGRAPHS, DRAWINGS, COSTUMES, MUSICAL INSTRUMENTS, SCULPTURE, AND DECORATIVE ARTS FROM THE RENAISSANCE TO THE PRESENT, AS WELL AS ONE OF THE FOREMOST COLLECTIONS OF AMERICAN ART IN THE WORLD. THE MUSEUM MAINTAINS ONE OF THE MOST COMPREHENSIVE ART AND ARCHITECTURE LIBRARIES IN THE UNITED STATES. THE COLLECTIONS ARE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE, RATHER THAN FOR FINANCIAL GAIN.
PART III (CONTINUED)THE CURATORIAL PROGRAMS ARE SUPPORTED BY NUMEROUS SERVICES AND RESOURCES. THE DEPARTMENTS OF PAINTINGS, PAPER, OBJECTS AND TEXTILE CONSERVATION PREPARE AND REVIEW EVERY ARTWORK SELECTED FOR A NEW INSTALLATION, SPECIAL EXHIBITION OR LOAN. THIS CONSERVATION EFFORT RANKS WITH THE BEST OF THE WORLD'S MAJOR MUSEUMS. THE THOMAS J. WATSON LIBRARY AND THE IMAGE LIBRARY HOUSE VALUABLE RESEARCH MATERIAL AVAILABLE FOR CURATORIAL, EDUCATION, AND PUBLICATION PROJECTS. THE EDITORIAL DEPARTMENT OVERSEES THE PUBLICATION OF SCHOLARLY BOOKS, EXHIBITION CATALOGUES AND THE BULLETIN AND JOURNAL.
PART III (CONTINUED)THE MUSEUM'S SPECIAL EXHIBITIONS PROGRAM IS EXCEPTIONALLY DIVERSE, PRESENTING ABOUT 35 SHOWS PER YEAR. THESE ARE DESIGNED TO SHED LIGHT ON A PARTICULAR ARTIST OR THEMATIC TOPIC, AND THIS YEAR THE FOLLOWING EXHIBITIONS WERE AMONG THE HIGHLIGHTS: "LOOKING IN: ROBERT FRANK'S THE AMERICANS"; "WATTEAU, MUSIC, AND THEATER"; "AMERICAN STORIES: PAINTINGS OF EVERYDAY LIFE, 1765-1915"; "ART OF THE SAMURAI: JAPANESE ARMS AND ARMOR, 1156-1868"; "SOUNDING THE PACIFIC: MUSICAL INSTRUMENTS OF OCEANIA"; "THE DRAWINGS OF BRONZINO"; "THE ART OF ILLUMINATION: THE LIMBOURG BROTHERS AND THE BELLES HEURES OF JEAN DE FRANCE, DUC DE BERRY"; "TUTANKHAMUN'S FUNERAL"; "VIENNA CIRCA 1780: AN IMPERIAL SILVER SERVICE REDISCOVERED"; "DOUG + MIKE STARN ON THE ROOF: BIG BAMBU: YOU CAN'T, YOU DON'T, AND YOU WON'T STOP"; "PICASSO IN THE METROPOLITAN MUSEUM OF ART"; AND "AMERICAN WOMAN: FASHIONING A NATIONAL IDENTITY."
PART III (CONTINUED)IN ORDER TO SERVE OUR MANY AUDIENCES MORE EFFECTIVELY, THE MUSEUM CONDUCTS MONTHLY SURVEYS OF VISITORS, POLLING INDIVIDUALS AS THEY ENTER THE BUILDING TO DETERMINE GEOGRAPHIC ORIGIN, AGE, LEVEL OF EDUCATION, ETHNICITY, INCOME AND PROFESSION. NUMEROUS OTHER SURVEYS AND STUDIES ANALYZE SPECIFIC PROGRAMS. EDUCATIONAL PROGRAMMING IS THEN PLANNED TO MEET THE NEEDS AND INTERESTS OF THE VARYING CONSTITUENCIES. LAST YEAR THE MUSEUM ORGANIZED SOME 21,435 EVENTS REACHING 827,022 PEOPLE. AT THE MAIN BUILDING AND THE CLOISTERS, THE MUSEUM WELCOMED 5,724 CLASSES, REPRESENTING 203,183 STUDENTS. TEACHER TRAINING, THROUGH ONSITE AND ONLINE WORKSHOPS, AS WELL AS PRINTED AND WEB-BASED TEACHER RESOURCES, ENABLE K-12 EDUCATORS TO MORE FULLY UTILIZE THE MUSEUM'S COLLECTIONS IN THEIR CURRICULA. MOST RECENTLY, WE PUBLISHED TEACHER MATERIALS DEVOTED TO UNDERSTANDING THE CULTURES OF THE ANCIENT NEAR EAST. THIS PUBLICATION IS FREE ON REQUEST FOR ALL NYC PUBLIC SCHOOLS AND IS AVAILABLE IN PDF FORM FOR SCHOOLS WORLDWIDE. DURING THE YEAR 27,879 INDIVIDUALS PARTICIPATED IN FAMILY PROGRAMMING AND MANY MORE WERE ABLE TO ENRICH THEIR VISITS THROUGH PRINTED FAMILY GUIDES, SUCH AS PERCY JACKSON & THE OLYMPIANS AT THE MET. FAMILIES WITH CHILDREN MAY ALSO DOWNLOAD AND PRINT THESE GUIDES AT HOME IN PREPARATION FOR THEIR MET VISIT. THE MUSEUM OFFERS SPECIALLY DESIGNED PROGRAMS FOR A DEDICATED TEEN AUDIENCE: 1,663 VISITORS (AGED 13 THROUGH 18) TOOK PART IN THESE PROGRAMS. FOR GENERAL VISITORS, THE MUSEUM OFFERS A COMPREHENSIVE SERIES OF LECTURES, GALLERY TALKS, AND GUIDED TOURS IN NUMEROUS LANGUAGES THROUGHOUT THE DAY, MOST OF WHICH ARE FREE WITH MUSEUM ADMISSION. LAST YEAR, 134,915 PEOPLE PARTICIPATED IN GUIDED GALLERY EXPERIENCES, AND 71,528 ATTENDED LECTURES. THE MUSEUM IS COMMITTED TO REACHING OUT TO POPULATIONS THROUGHOUT THE NEW YORK CITY COMMUNITY WHO MAY NOT BE FAMILIAR WITH THE INSTITUTION. OUTREACH TO NEW AUDIENCES IS FULLY INTEGRATED INTO THE PLANNING, AND BRINGS THESE GROUPS TO THE MUSEUM FOR TAILORED PROGRAMS IN CLASSROOMS AND GALLERIES. THE MUSEUM ALSO OFFERS A FULL RANGE OF PROGRAMS FOR VISITORS WITH VISION, HEARING, LEARNING, AND MOBILITY IMPAIRMENTS, AS WELL AS FOR THOSE WITH DEMENTIA AND THEIR CAREGIVERS. THESE PROGRAMS INCLUDE A "TOUCH COLLECTION" FOR THE SIGHT-IMPAIRED, INFRARED SOUND ENHANCEMENT SYSTEMS AND SIGN LANGUAGE INTERPRETATION FOR THE HEARING IMPAIRED, AND FAMILY PROGRAMS FOR DEVELOPMENTALLY DISABLED VISITORS AND THEIR FAMILIES.
PART III (CONTINUED)DESPITE THE EVER-INCREASING CHALLENGE TO MEET OPERATING NEEDS, THE MUSEUM IS COMMITTED TO FINDING WAYS TO BE MORE RESPONSIVE TO THE INTERESTS OF ITS AUDIENCE. IN THE LAST FISCAL YEAR, APPROXIMATELY 37% OF VISITORS TO THE MUSEUM WERE FROM OTHER COUNTRIES, THUS, AS THE NUMBER OF NON-ENGLISH SPEAKING VISITORS INCREASES, PROVIDING SERVICES TO MEET THEIR NEEDS BECOMES EVER MORE IMPORTANT. IN RESPONSE, THE MUSEUM NOW OFFERS A FOREIGN VISITORS INFORMATION DESK, AUDIO-GUIDED TOURS AND AN INTRODUCTORY BROCHURE IN TEN LANGUAGES, IN ADDITION TO MULTI-LINGUAL WALKING TOURS AND GALLERY TALKS.
PART III (CONTINUED)THE MUSEUM CONTINUES TO REACH AN INCREASINGLY WIDE AUDIENCE THROUGH ITS WEBSITE. WE PRODUCE ENTERTAINING INTERACTIVE FEATURES THAT HELP CHILDREN DEVELOP ANALYTICAL AND READING SKILLS THROUGH THE PRISM OF THE MUSEUM'S COLLECTION. THIS YEAR WE PRODUCED TWO NEW FEATURES FOR CHILDREN: THE METROPOLITAN MUSEUM OF ART SING-ALONG: CZANNE'S APPLES, THE FIRST IN A NEWLY CREATED SERIES THAT FAMILIARIZES YOUNG CHILDREN (AGES THREE THROUGH SEVEN) WITH PAINTINGS IN THE MUSEUM'S COLLECTION WHILE THEY REPEAT SIMPLE LYRICS ABOUT CHILD-FRIENDLY SUBJECTS; AND MARDUK, KING OF THE GODS: A STORY OF ANCIENT MESOPOTAMIA, AN ANIMATED STORYBOOK (FOR AGES SEVEN THROUGH TWELVE), WHICH FOCUSES ON AN AREA OF THE WORLD WITH WHICH CHILDREN ARE FAMILIAR THROUGH SOCIAL STUDIES CURRICULA. THE REVENGE OF MICHIZANE'S ANGRY SPIRIT MAKES AN ANCIENT JAPANESE PICTURE SCROLL ACCESSIBLE TO TODAY'S TEENS (AS WELL AS ADULTS) THROUGH THE ADDITION OF SOUND AND AN ACTIVITY THAT RELATES IT TO A MODERN LITERARY FORM, THE GRAPHIC NOVEL. THE HEILBRUNN TIMELINE OF ART HISTORY, WHICH AVERAGES 30,000 UNIQUE VISITORS A DAY, CONTINUES TO EXPAND WITH NEW ART HISTORICAL ESSAYS AND ADDITIONAL ILLUSTRATIONS OF THE MUSEUM'S WORKS OF ART. THOUSANDS OF PEOPLE EXPERIENCE A RANGE OF MUSEUM PROGRAMS ONLINE THROUGH OUR ITUNES AND YOUTUBE CHANNELS, WHERE WE POST VIDEOS, AUDIO FILES, AND OTHER DOCUMENTATION OF MUSEUM PROGRAMS.
PART III (CONTINUED)THE MUSEUM'S PERMANENT COLLECTIONS ARE CONTINUOUSLY ENHANCED THROUGH NEW INSTALLATIONS AND CAPITAL PROJECTS. AFTER AN EIGHT-MONTH REFURBISHMENT, THE METROPOLITAN REOPENED THE ANDR MERTENS GALLERIES FOR MUSICAL INSTRUMENTS, SHOWCASING ITS RENOWNED HOLDINGS IN THIS AREA. MUSEUM VISITORS CAN NOW ALSO ENJOY THE RECENTLY RESTORED FOUNTAINS ALONG THE MUSEUM'S FIFTH AVENUE ENTRANCE. LOOKING AHEAD, THE FIFTH AVENUE PLAZA WILL UNDERGO A FULL RENOVATION, INCLUDING A REDESIGN OF THE FOUNTAINS AND SURROUNDING SPACES. THE RENOVATION OF THOMAS J. WATSON LIBRARY'S BOOK CONSERVATION LABORATORY, WHICH INCLUDES THE CONSTRUCTION OF A NEW MEZZANINE SPACE AND THE REDESIGN OF THE MAIN FLOOR, WILL BE COMPLETED THIS WINTER. MAJOR PROGRESS HAS BEEN MADE ON THE EXTENSIVE RENOVATION OF THE FIFTEEN GALLERIES DEVOTED TO THE DEPARTMENT OF ISLAMIC ART'S COLLECTIONS, INCLUDING THE CONSERVATION AND REINSTALLATION OF THE DAMASCUS ROOM AND THE SPANISH CEILING, AS WELL AS INSTALLATION OF THE STONE FLOOR. THESE GALLERIES ARE SCHEDULED TO OPEN IN OCTOBER 2011. ALSO NEARING COMPLETION IS THE COMPREHENSIVE RENOVATION OF THE AMERICAN WING. OVER 10 YEARS IN THE MAKING, THIS PROJECT WILL CULMINATE WITH THE REOPENING OF THE GALLERIES FOR PAINTINGS AND SCULPTURE IN JANUARY 2012.
PART VI, LINE 11PROCESS THE ORGANIZATION USES TO REVIEW THE FORM 990THE MUSEUM'S FORM 990, INCLUDING REQUIRED SCHEDULES AND SUPPORTING DOCUMENTATION, IS INITIALLY COMPILED BY THE MUSEUM'S CONTROLLER'S OFFICE PRIMARILY RELYING ON THE MUSEUM'S GENERAL LEDGER, AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL SYSTEMS. THE MUSEUM'S CONTROLLER, CHIEF FINANCIAL OFFICER, GENERAL COUNSEL, AND EXTERNAL TAX ADVISORS PARTICIPATE IN A SERIES OF DETAILED REVIEWS OF THE FORM 990. THE FORM 990 IS ALSO REVIEWED BY THE MUSEUM'S SENIOR MANAGEMENT, INCLUDING THE MUSEUM'S DIRECTOR AND PRESIDENT, THE AUDIT COMMITTEE OF THE MUSEUM'S BOARD OF TRUSTEES, AND EXTERNAL LEGAL COUNSEL. A COPY IS PROVIDED TO EACH MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE RETURN. THE MUSEUM'S EXTERNAL TAX ADVISORS FILE THE FORM 990 ELECTRONICALLY WITH THE INTERNAL REVENUE SERVICE.
PART VI, LINE 12CONFLICT OF INTEREST POLICYON AN ANNUAL BASIS, THE MUSEUM SEEKS TO ENSURE COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY SENDING RELEVANT WRITTEN POLICIES TO SENIOR STAFF, TRUSTEES AND ADVISORY MEMBERS OF COMMITTEES OF THE BOARD OF TRUSTEES. EACH POLICY IS SENT WITH A STATEMENT, WHICH MUST BE COMPLETED, SIGNED AND RETURNED TO THE MUSEUM'S SENIOR VICE PRESIDENT, SECRETARY AND GENERAL COUNSEL. THE STATEMENT REQUIRES EACH INDIVIDUAL TO CONFIRM THAT HE OR SHE HAS (I) RECEIVED A COPY OF THE POLICY, (II) READ AND UNDERSTOOD THE POLICY AND (III) AGREES TO COMPLY WITH THE POLICY. THE INDIVIDUAL IS ALSO ASKED TO DISCLOSE ANY SITUATION OR AREAS OF POTENTIAL CONFLICTS OF INTEREST THAT HE OR SHE OR A MEMBER OF HIS OR HER FAMILY MAY HAVE. THE GENERAL COUNSEL'S OFFICE ENSURES ALL STATEMENTS ARE COMPLETED AND RETURNED. WHEN POTENTIAL CONFLICTS ARISE, THEY ARE INITIALLY EVALUATED BY THE GENERAL COUNSEL WITH THE ASSISTANCE OF OUTSIDE LEGAL COUNSEL IF NECESSARY. CONFLICTS ARE RESOLVED IN CONSULTATION WITH THE MUSEUM'S DIRECTOR AND PRESIDENT (FOR STAFF) AND THE CHAIRMAN OF THE BOARD OF TRUSTEES AND THE LEGAL COMMITTEE OF THE MUSEUM'S BOARD (FOR TRUSTEES, INCLUDING THE DIRECTOR AND THE PRESIDENT). IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTIONS.
PART VI, LINE 15COMPENSATION REVIEWANNUALLY, THE MUSEUM OBTAINS A REVIEW AND APPROVAL BY AN INDEPENDENT COMPENSATION CONSULTANT AND THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES FOR THE TOTAL REMUNERATION OF ALL THE MUSEUM'S OFFICERS.
PART VI, LINE 19PUBLIC AVAILABILITY OF OTHER DOCUMENTSTHE MUSEUM'S AUDITED FINANCIAL STATEMENTS ARE INCLUDED IN THE MUSEUM'S ANNUAL REPORT, WHICH IS MADE AVAILABLE TO THE PUBLIC ON THE MUSEUM'S WEBSITE. THE MUSEUM MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
PART VIII, LINE 8FUNDRAISING EVENTSNOTE THAT THE $2,144,504 LOSS ON LINE 8(C) DOES NOT INCLUDE THE $13,840,334 OF CONTRIBUTIONS WHICH RESULTED IN A NET GAIN FROM THESE EVENTS OF APPROXIMATELY $11.7 MILLION.
PART VIII, LINE 10GROSS SALES LESS RETURNS AND ALLOWANCESNOTE THAT THE GROSS PROFIT REPORTED ON LINE 10(C) DOES NOT INCLUDE EXPENSES REPORTED ON PART IX, LINE 25.
SCHEDULE G, PART I, LINE 2BDETAILS OF FUNDRAISING AGREEMENTDONOR SERVICES GROUP CONDUCTS TELEMARKETING CAMPAIGNS TO CURRENT AND LAPSED MEMBERS OF THE METROPOLITAN MUSEUM OF ART THROUGHOUT THE YEAR. THE TELEMARKETING STAFF REFERS TO A SCRIPT, WHICH IS APPROVED BY THE MEMBERSHIP DEPARTMENT, WHEN SPEAKING WITH MEMBERS. FOR FY10, 36,013 CURRENT MEMBERS WERE CONTACTED BY DONOR SERVICES GROUP REQUESTING A CONTRIBUTION TO THE MEMBERSHIP ANNUAL APPEAL; 10,046 CURRENT MEMBERS WERE CONTACTED PRIOR TO EXPIRATION REQUESTING THEM TO RENEW THEIR MEMBERSHIP; AND 9,085 LAPSED MEMBERS WERE CONTACTED REQUESTING THEM TO REJOIN THE MUSEUM.
SCHEDULE K, PART III, LINES 4-6THE MUSEUM PERFORMS A DETAILED PRIVATE BUSINESS AND UNRELATED USE CALCULATION. THE MUSEUM CALCULATED ITS PRIVATE BUSINESS AND UNRELATED USE FOR FISCAL YEAR ENDED JUNE 30, 2010 TO BE NEARLY 0% IN TAX-EXEMPT BOND FINANCED SPACE. THIS ANALYSIS EXCLUDES COSTS OF ISSUANCE.
SCHEDULE LTRUSTEE RICHARD L. CHILTON, JR. IS CHAIRMAN, CEO AND CHIEF INVESTMENT OFFICER OF CHILTON INVESTMENT COMPANY, INC.