2025-02-25T16:21:34-06:00 2024-06-30 390758449 WIPFLI LLP 170 N RADNOR-CHESTER RD SUITE 200 RADNOR PA 19087 990 2023-07-01 236000149 THE BARNES FOUNDATION BARN 2152787000 2025 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19130 MARYANNE MURPHY CHIEF FINANCIAL OFFICER 2152787000 2025-02-25 1 0 SOLOMON MARDAKHAEV P01806552 6105653930 2025-02-25 2023 2025-03-06 01:10:19Z THOMAS COLLINS 2025 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19130 93826259 0 X WWW.BARNESFOUNDATION.ORG X 1922 PA PROMOTE THE ADVANCEMENT OF EDUCATION AND THE APPRECIATION OF THE FINE ARTS AND HORTICULTURE. 15 15 279 92 1749548 0 4717818 16704304 3010067 2945228 2508608 4724901 479454 2283426 10715947 26657859 0 291283 0 0 7909755 16459734 180457 0 3295763 7081895 15272603 15172107 32023620 -4456160 -5365761 228076186 235569044 2611689 2322405 225464497 233246639 X TO PROMOTE THE ADVANCEMENT OF EDUCATION AND THE APPRECIATION OF THE FINE ARTS AND HORTICULTURE. TO MAINTAIN AN ART GALLERY CONTAINING WORKS OF ANCIENT TO MODERN ART. 0 0 4674120 0 2222196 VISITOR EXPERIENCE - THE BARNES FOUNDATION PRESENTS A DYNAMIC PROGRAM OF PERMANENT AND TEMPORARY EXHIBITS WITH SPECIAL EXHIBITIONS EXPANDING UPON THE PERMANENT COLLECTION AND CREATING FRESH OPPORTUNITIES FOR VISITOR ENGAGEMENT. FY24 FEATURED THE EXHIBITIONS WILLIAM EDMONDSON: A MONUMENTAL VISION, MARIE LAURENCIN: SAPPHIC PARIS AND ALEXY BRODOVITH: ASTONISH ME, THROUGH MY I: ART FROM SCI: PHOENIX, AND EDUCATION & EMPOWERMENT: SCHOLARSHIP RECIPIENTS AT THE BARNES FOUNDATION, 1927-1949. 3378095 0 85481 RESEARCH AND COLLECTION - THE BARNES ART COLLECTION IS COMPRISED OF OVER 8,000 WORKS OF FINE AND DECORATIVE ARTS, INCLUDING PAINTINGS, FRAMES, WORKS ON PAPERS, FURNITURE AND DECORATIVE METALWORK. THE BARNES ENGAGES IN ACTIVE STEWARDSHIP THROUGH COLLECTION CARE, CONSERVATION AND RESEARCH OF ITS PERMANENT COLLECTION. 2592420 291283 537551 EDUCATION AND COMMUNITY PROGRAMS - THE BARNES CONTINUES TO BUILD ON THE FOUNDING PRINCIPAL OF MAKING ART AND CULTURAL LEARNING ACCESSIBLE TO ALL. ADULT EDUCATION CLASSES, SCHOOL PROGRAMS AND COMMUNITY ENGAGEMENT ARE AMONG THE DIVERSE ONSITE AND OFFSITE PROGRAMING OFFERED THROUGH THE YEAR. 10259853 0 100000 OTHER PROGRAM SERVICES: SHOP & FOOD SERVICE OPERATIONS ENHANCE THE VISITOR EXPERIENCE AND EXTENDS THEIR LEARNING THROUGH OUR SELECTION OF EDUCATIONAL BOOKS AND REPRODUCTIONS. CAMPUS OPERATIONS PROVIDE A CLEAN, SAFE ENVIRONMENT. 10259853 0 100000 20904488 1 1 0 1 0 0 0 1 0 1 1 1 0 0 0 1 0 1 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 139 0 279 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CO CT DC DE FL GA IL MA MD MN NC NH NJ NY OH PA SC TN VA WA WI X X MARYANNE MURPHY 2152787000 2025 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19130 AILEEN KENNEDY ROBERTS CHAIR, TRUSTEE 2.00 2.00 X X 0 0 0 JOHN R ALCHIN VICE CHAIR, TRUSTEE 2.00 2.00 X X 0 0 0 STEPHEN J HARMELIN ESQ TREASURER, TRUSTEE (THRU 12/23) 1.00 X X 0 0 0 THE HON JACQUELINE F ALLEN SECRETARY, TRUSTEE 1.00 X X 0 0 0 DAVID A FLEISCHNER TREASURER (BEG 1/24), TRUSTEE 1.00 X X 0 0 0 JOHN J AGLIALORO TRUSTEE 1.00 X 0 0 0 ARMANDO I BENGOCHEA PHD TRUSTEE 1.00 X 0 0 0 SHELDON M BONOVITZ ESQ TRUSTEE 1.00 X 0 0 0 PAMELA BUNDY TRUSTEE 1.00 X 0 0 0 EMILY CAVANAGH TRUSTEE (BEG 1/24) 1.00 X 0 0 0 GREGORY E DEAVENS TRUSTEE 1.00 X 0 0 0 JEFFREY A HONICKMAN TRUSTEE 1.00 X 0 0 0 CATHERINE HUGHES TRUSTEE 1.00 X 0 0 0 JOHN H MCFADDEN ESQ TRUSTEE 1.00 X 0 0 0 JOSEPH NEUBAUER TRUSTEE 2.00 2.00 X 0 0 0 CHRISTINE POGGI PHD TRUSTEE 1.00 X 0 0 0 THOMAS COLLINS EXECUTIVE DIRECTOR & PRESIDENT 40.00 X 565836 0 34900 SARA GEELAN DEP DIR, GEN COUNSEL, ASST. SECRETARY 40.00 X 284703 0 30373 MARGARET B ZMINDA THRU 1223 EXECUTIVE VP, CFO & COO, ASST TREASURER 32.00 X 224358 0 19413 MARYANNE MURPHY CFO, ASST. TREASURER (BEG 8/23) 40.00 X 88866 0 5658 NINA DIEFENBACH SR VP, DEP DIR FOR ADVANCEMENT 40.00 X 342728 0 32590 WILLIAM CARY CHIEF OPERATING OFFICER 40.00 X 275830 0 9803 NANCY IRESON PHD DEP DIR FOR COLLECTIONS AND EXHIBITIONS 40.00 X 234169 0 18799 STEVEN BRADY DEP DIR FOR DIGITAL INITIATIVES & CTO 40.00 X 214428 0 36209 SHERONDA WHITAKER DEP DIR FOR HR, CHIEF DIVERSITY OFFICER 40.00 X 226755 0 7726 2457673 0 195471 28 0 1 0 MASTERPIECE INTERNATIONAL 39 BROADWAY SUITE 1410 NEW YORK NY 10006 ART TRANSPORT 588664 COASTAL CLOUD 1 HAMMOCK BEACH PKW SUITE 200 PALM COAST FL 32137 SALESFORCE IMPLEMENTATION 509506 CONSTELLATION 667 N BROAD ST PHILADELPHIA PA 19123 CATERING 497279 ELLIOTT-LEWIS 2900 BLACK LAKE PLACE PHILADELPHIA PA 19154 BUILDING MAINTENANCE 495131 CLEAN TECH 114 CHESTNUT ST 5TH FLOOR PHILADELPHIA PA 19106 CLEANING SERVICES 374672 22 1473693 862228 542298 13826085 258242 16704304 ADMISSIONS 611610 2222196 2222196 EDUCATION & OUTREACH 611600 537551 537551 CP 2023 ADMIN FEE 900099 100000 100000 RESEARCH AND COLLECTION 900099 85481 85481 2945228 4051377 4051377 108991 108991 66890665 66217141 673524 673524 673524 51939 862228 252492 -200553 -200553 1527385 698767 828618 412267 416351 EVENTS & CATERING 900099 1378519 1337281 41238 GUEST AND EMPLOYEE PARKING 900099 167851 167851 1546370 26657859 2945228 1749548 5258779 188833 188833 102450 102450 1358850 1358850 12374418 7737638 2926768 1710012 295136 182984 70833 41319 1464495 868475 407060 188960 966835 599438 232040 135357 67037 67037 599814 599814 2276105 1350597 593707 331801 910976 261799 494829 154348 278992 211964 41194 25834 26618 15223 11395 2566311 2063939 502372 212404 176766 24721 10917 523891 113320 98495 312076 1398 1398 5532358 5532358 534152 425826 108326 ART HANDLING & SHIPPING 770797 707352 13208 50237 PROCESSING FEES 487956 303698 85839 98419 BAD DEBT EXPENSE 319956 88706 231250 SUBSCRIPTIONS 163838 61828 96777 5233 32023620 20904488 7823369 3295763 1113225 972176 10719406 12324081 42356 66573 1485403 1416501 1633973 2605742 150910652 69406592 86028388 81504060 102113965 107419001 19073650 23485524 5865820 5775386 228076186 235569044 1595624 1282209 1016065 1040196 2611689 2322405 X 106149969 113932111 119314528 119314528 225464497 233246639 228076186 235569044 X -5365761 10560552 2587351 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 30027 0 0 30027 0 PART II-B, LINE 1: MEETINGS WITH CITY COUNCIL MEMBERS, STATE REPRESENTATIVES AND CITY ADMINISTRATION REPRESENTATIVES FOR CITY FUNDING FOR BUILDING ON CITY LAND, SUPPORT OF STATE GRANT APPLICATIONS, AND CONSULTANT FEES FOR MEETING ARRANGEMENTS. X X X 0 121010925 4980286 14636814 9903754 130724271 115386388 1725201 8559336 4660000 121010925 129327745 9015647 -16178004 6779000 115386388 108204895 10765474 15531100 5171724 129327745 92782521 9269469 10841454 4688549 108204895 0.12084 0.87916 0.00000 1 0 155589 155589 143316029 63923941 79392088 2371059 1396476 974583 5067975 4086175 981800 81504060 ALTERNATIVE INVESTMENTS 23485524 F 23485524 X 39132230 10560552 2363591 252492 13176635 25955595 599814 102450 702264 26657859 33937439 2363591 252492 2616083 31321356 599814 102450 702264 32023620 PART III, LINE 1A: THE FOUNDATION OWNS A COLLECTION OF PAINTINGS, SCULPTURES, ANTIQUES AND OTHER OBJECTS OF ART. THE FOUNDATION HAS CAPITALIZED COLLECTION ITEMS PURCHASED DIRECTLY BY THE FOUNDATION AT COST, AND THOSE CONTRIBUTED OTHER THAN BY ITS FOUNDER AT THE FAIR MARKET VALUE ON THE DATE OF THE GIFT. SUBSTANTIALLY ALL OF THE COLLECTION OBJECTS WERE DONATED TO THE FOUNDATION BY ITS FOUNDER AND ARE RECORDED AT A $1 NOMINAL VALUE, IN ACCORDANCE WITH A RESOLUTION OF THE BOARD OF TRUSTEES AT THE TIME OF THE GIFT. THE FOUNDATION HAS DETERMINED THAT IT IS NOT PRACTICAL TO ESTABLISH A FAIR VALUE OF THE FOUNDER'S ORIGINAL CONTRIBUTION AS OF THE DATE OF THE GIFT BECAUSE RECORDS RELATING TO THE FAIR VALUE AT THE DATE OF CONTRIBUTION ARE UNRELIABLE OR DO NOT EXIST. PART III, LINE 4: THE BARNES ART COLLECTION IS COMPRISED OF OVER 8,000 WORKS OF FINE AND DECORATIVE ARTS, INCLUDING PAINTINGS, FRAMES, WORKS ON PAPERS, FURNITURE AND DECORATIVE METALWORK. THE COLLECTION DISPLAYED IN THE GALLERIES ARE AVAILABLE FOR VISITATION BY THE PUBLIC AND ARE ALSO USED TO CONDUCT EDUCATIONAL ATIVITIES TO TEACH THE PRINCIPLES OF ART APPRECIATION ESTABLISHED BY ITS FOUNDER. PART V, LINE 4: THE INCOME FROM THE FOUNDATION'S PERMENANTLY RESTRICTED ENDOWMENT FUND IS INTENDED TO SUPPORT THE FOUNDATION'S PROGRAM OF COLLECTION CARE, SCHOLARLY ACTIVITIES, EDUCATION AND UNRESTRICTED OPERATING COSTS. PART X, LINE 2: THE ORGANIZATION HAS BEEN GRANTED TAX-EXEMPT STATUS AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE WHICH IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE, AND FILES FORM 990 FOR BOTH THE BARNES AND CP 2023 DBA CALDER GARDENS (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY FOR INFORMATION PURPOSES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION HAS REVIEWED ITS TAX POSITIONS AND HAS CONCLUDED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO UNCERTAIN TAX POSITIONS TAKEN ON FEDERAL TAX RETURNS FOR THE LAST THREE YEARS FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING 252,492. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 102,450. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING 252,492. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 102,450. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE BARNES FOUNDATION INCLUDES STATEMENTS IN ITS ADVERTISING THEIR COMMITMENT TO PROVIDING EQUAL OPPORTUNITIES AND A POLICY OF NONDISCRIMINATION ON THE BASES OF RACE, COLOR, SEX, SEXUAL ORIENTATION, GENDER IDENTITY, RELIGION, CREED, NATIONAL OR ETHNIC ORIGINA, CITIZENSHIP STATUS, AGE, DISCABILITY, VERTAN STATUS OR ANY OTHER LEGALLY PROJECT CLASS STATUS. ART BALL 914167 862228 51939 5736 122374 117113 7269 914167 862228 51939 5736 122374 117113 7269 252492 -200553 1 THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA 1900 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19103 231352000 501(C)(3) 52906 0 INFORMAL LEARNING INITIATIVE, ILI COHORT, SUMMER PODS COHORT FUND FOR THE FAIRMOUNT WATER WORKS 640 WATER WORKS DRIVE PHILADELPHIA PA 19130 911882472 501(C)(3) 14927 0 INFORMAL LEARNING INITIATIVE SAMUEL S FLEISHER ART MEMORIAL INC 719 CATHERINE STREET PHILADELPHIA PA 19147 232249360 501(C)(3) 15000 0 SUMMER PODS COHORT SMITH MEMORIAL PLAYGROUND & PLAYHOUSE INC 3500 RESERVOIR DRIVE EAST FAIRMOUNT PARK PHILADELPHIA PA 19121 231353547 501(C)(3) 53000 0 INFORMAL LEARNING INITIATIVE, PARTNER STIPEND FOR PROJECT, SUMMER PODS COHORT THE CLAY STUDIO 1425 NORTH AMERICAN STREET PHILADELPHIA PA 19122 237380408 501(C)(3) 33000 0 PARTNER STIPEND FOR PROJECT, SUMMER PODS COHORT WHYY INC 150 N SIXTH ST PHILADELPHIA PA 19106 231438083 501(C)(3) 20000 0 INFORMAL LEARNING INITIATIVE 6 0 SCHOLARSHIPS 401 102450 SCHOLARSHIPS PART I, LINE 2: CRITERIA IS BASED ON THE SPECIFICATIONS OUTLINED BY THE DONOR ORGANIZATIONS. THE ORGANIZATION ACTED AS A PASSTHROUGH FOR THESE GRANTS FOR THE FISCAL YEAR. X X X 0 0 0 0 0 0 0 1 0 THOMAS COLLINS EXECUTIVE DIRECTOR & PRESIDENT 515836 0 50000 0 0 0 9825 0 25075 0 600736 0 0 0 NINA DIEFENBACH SR VP, DEP DIR FOR ADVANCEMENT 342728 0 0 0 0 0 8910 0 23680 0 375318 0 0 0 SARA GEELAN DEP DIR, GEN COUNSEL, ASST. SECRETAR 284703 0 0 0 0 0 8135 0 22238 0 315076 0 0 0 WILLIAM CARY CHIEF OPERATING OFFICER 275830 0 0 0 0 0 7262 0 2541 0 285633 0 0 0 NANCY IRESON PHD DEP DIR FOR COLLECTIONS AND EXHIBITI 234169 0 0 0 0 0 7072 0 11727 0 252968 0 0 0 STEVEN BRADY DEP DIR FOR DIGITAL INITIATIVES & CT 214428 0 0 0 0 0 3453 0 32756 0 250637 0 0 0 MARGARET B ZMINDA THRU 1223 EXECUTIVE VP, CFO & COO, ASST TREASU 224358 0 0 0 0 0 6800 0 12613 0 243771 0 0 0 SHERONDA WHITAKER DEP DIR FOR HR, CHIEF DIVERSITY OFFI 216755 0 10000 0 0 0 6556 0 1170 0 234481 0 0 0 PART I, LINE 7 SCHEDULE J, PART II, COLUMN (B)(II) REPORTS DISCRETIONARY INCENTIVE AMOUNTS THAT WERE APPROVED BY THE BOARD BASED UPON PERFORMANCE. X 5000 X 8 253242 SELLING PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY WIPFLI LLP. THE INITIAL REVIEW IS PERFORMED BY THE CFO. FORM 990 IS THEN SENT TO ALL BOARD MEMBERS FOR REVIEW, AFTER A COMMENT PERIOD, FORM 990 IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IN ADDITION TO REQUIRING EACH TRUSTEE, OFFICER AND KEY EMPLOYEE TO MAKE A DISCLOSURE OF ANY POSSIBLE PERSONAL, FAMILIAL, OR BUSINESS RELATIONSHIP THAT COULD GIVE RISE TO A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST, THE FOUNDATION'S CONFLICT OF INTEREST POLICY ALSO REQUIRES THE DISCLOSURE OF ANY CHANGE OF CIRCUMSTANCE THAT WOULD GIVE RISE TO CONFLICTS CONCERNS. MOREOVER, THE FOUNDATION HAS ADOPTED A WHISTLEBLOWER POLICY DESIGNED TO ENCOURAGE PROMPT DISCLOSURE BY TRUSTEES, OFFICERS AND EMPLOYEES OF ANY UNLAWFUL OR IMPROPER BEHAVIOR OR TRANSACTIONS, INCLUDING THOSE THAT RAISE POTENTIAL CONFLICT OF INTEREST CONCERNS. EACH YEAR ALL DIRECTORS, OFFICERS, TRUSTEES AND KEY EMPLOYEES ARE REMINDED OF THEIR OBLIGATIONS TO COMPLY WITH THE CONFLICT ON INTEREST POLICY AT THE ORGANIZATION'S ANNUAL MEETING AND PERIODICALLY AT OTHER TIMES DURING THE YEAR. IN ADDITION, THE BARNES TRAINED EMPLOYEES ON ETHICS AND THE PREVENTION OF WORKPLACE HARASSMENT, AND MAINTAINED A THIRDPARTY REPORTING SYSTEM TO ALLOW EMPLOYEES, CONTRACTORS, AND VOLUNTEERS TO ANONYMOUSLY REPORT INSTANCES OF HARASSMENT, SAFETY VIOLATIONS, BIAS, OR ANY OTHER CONCERN. TO DATE, NO REPORTS HAVE BEEN MADE IN THIS SYSTEM. FORM 990, PART VI, SECTION B, LINE 15 THE BARNES FOUNDATION PERFORMS A REVIEW OF THE COMPENSATION AND BENEFITS PACKAGE (INCLUDING FRINGE, RETIREMENT AND SEVERANCE BENEFITS) FOR CERTAIN EMPLOYEES INCLUDING THE CEO ANNUALLY AND AT TIME OF HIRE. THIS REVIEW RELIES UPON COMPARABILITY DATA TO DETERMINE WHETHER THE COMPENSATION ARRANGEMENT IN ITS ENTIRETY IS REASONABLE. FOR THIS PURPOSE, APPROPROPRIATE AND RELEVANT INFORMATION INCLUDES COMPENSATION PAID BY SIMILARLY SITUATED TAXEXEMPT AND TAXABLE ORGANIZATIONS FOR FUNCTIONALLY COMPARABLE POSITIONS. THIS REVIEW ALSO TAKES INTO ACCOUNT THE SIZE, REVENUE, GEOGRAPHIC LOCATION, STRUCTURE AND COMPLEXITY OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE BARNES FOUNDATION'S BYLAWS, CHARTER, FINANCIAL STATEMENTS AND CERTAIN OTHER GOVERNING DOCUMENTS (E.G., CONFLICT OF INTEREST POLICY), ARE AVAILABLE FOR REVIEW UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: RESTATEMENT OF PRIOR YEAR CONTRIBUTIONS RECEIVABLE 2,587,351. CP 2023 2025 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19130 852458469 TO RAISE FUNDS TO BUILD A FACILITY DEDICATED TO THE ART OF THE CALDER FAMILY PA 501(C)(3) LINE 12A THE BARNES FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0